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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Jun 14, 1982
Page
6
The Vancouver Stock Exchange seeks to stabilize finances after a trading slump and a costly expansion. The plan includes joining a new gold options trading network. The VSE also seeks a tenant to sublease part of its prime office space.
The stock exchange slashes staff from 190 to 150 and trims services including security and computer terminals. Newly appointed VSE president Donald Hudson views the July start of the options deal as the first step in a diversification strategy.
Canada hoteliers face tighter budgets as travel spending slips. Prices in major cities show single travellers paying from 48 to 102 dollars, with luxury chains rising to near 100 plus. Montreal, Ottawa, Toronto, Edmonton see new projects and rate pressures amid softer demand.
A snippet lists trading quotes in cents for various contracts across CBT CME and WPG with months shown and notes that prices are in cents unless marked in dollars. It reads as a concise market ticker style excerpt from a Chicago area exchange page.
A crowded list of tickers and price quotes appears with numerous company names such as Alcan Algoma, Dome Mine, Noranda, and Steel firms. The page catalogs share volumes and price levels across a broad market spectrum, highlighting ex-dividend and rights indicators and varied daily movements.
Alberta reports Friday stock actions with prices in cents unless a dollar sign. Listed are tickers such as Aquarius Ashla Barons Bearcat Beauf EnrA Beauf EnrprB Bonn Carlyle Cochrane Concept Coronati Cultus Evergrn Frst Devo First Houstt Gascome aM and others with volumes and latest quotes. Net change from previous closing is shown as the board lapses.
The Medicine Hat TSE composite index stands at 1433.5 at noon EDT, down. major sectors including Metals 1237.7 down 8.9, Golds 1773.3 down 48.8, Oil and Gas 2460.6 down 37.2, Pipelines 1509.6 down 17.0, Real Estate and Construction 3163.5 down 60.2, and Industrial Products 994.9 down 6.9. Dow Jones at 804.69 down 5.04. Canadian dollar in U.S. funds 0.7869. Gold in U.S. funds 316, Silver 5.81.
A Pitfield Mackay Ross Ltd report predicts strong defence sector gains in Canada and the United States, citing Middle East and Falklands unrest. It names CAE Ronyx Canadian Marconi Hawker Siddeley and Alcan as Canadian buys and Northrop Lockheed as U S leaders with growth potential.
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