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Medicine Hat News in Medicine Hat, Alberta

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Newspaper

Medicine Hat News

Location

Medicine Hat, Alberta, Canada

Date

Jun 24, 1981

Page

7

Energy shares rise as oil and gas pricing talks near

The Toronto stock market saw oil and gas shares surge while other industrial sectors drift. Alfred Bunting and Co. Ltd. chairman William Ried predicts Ottawa and Alberta will soon reach an oil pricing agreement, with a possible June 29 announcement in Toronto. He notes Ottawa seeks continued oil sands development and funding for Cold Lake, but export gas taxes may require more talks. A new oil definition could hinge on oil found after January 1 1980.

Financial Times Toronto Stock Exchange Alberta William Ried Alfred Bunting and Co. Ltd Ottawa Merv Leitch Marc Lalonde Toronto Ried Cold Lake

Dart Fund Experiment Grows as Brokers Blush in NY

In New York The Daily News Tonight ran a playful contest allocating forty five thousand dollars among four Wall Street experts and using nine darts on the Journal’s quotes to guide investments. With one week left the fund edges ahead of several brokers and rivals while readers follow the evolving portfolios.

New York Wall Street Wall Street Journal The Daily News Tonight Bill LeFevre Purcell Graham Co Dart Fund Bob Stovall Dean Witter Reynolds Mike Metz Oppenheimer Co Business News Dart Darts Ray DeVoe Bruns Nordeman Rea

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