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Medicine Hat News in Medicine Hat, Alberta

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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 29, 1982

Page

6

Gold and gem czar gives up throne

Harry Oppenheimer will retire as chairman and director of Anglo American Corp after 25 years at the helm. Gavin Relly, 56, is named successor, ensuring continuity as the mining giant spans continents from Amsterdam to Australia with major interests in gold diamonds uranium coal and De Beers.

Johannesburg Reuter Harry Oppenheimer South Africa Anglo American Corp Oppenheimer Sir Ernest Gavin Relly Anglo American Relly Gavin Kelly Anglo Kelly Amsterdam Australia Botswana Brazil de Beers E. Oppenheimer and Son Britain Oxford University Julian Ogilvie Thompson Nicholas Corporation Ogilvie Thompson

Commodity Quotes Note From Exchange Tables

The excerpt lists contract month quotations in cents for CBT CME and WPG with values such as 29.50 18.47 156.90 141.80 135.80 and others, indicating futures prices and months. It notes that months shown are contract months and that values are in cents unless stated in dollars.

CBT Chicago Board of Trade CME Chicago Mercantile Exchange WPG Winnipeg Commodity Exchange Midland Doherty Limited

Reading of Toronto stock market board shows mixed activity

Ontario exchange listing reveals numerous securities with varied prices and small net changes. Traders note modest gains for some issues while others slip amid fluctuating demand and ex-dividend indicators.

Electrohome to Expand Services Spending 2 Million

Electrohome Ltd. plans a 2 million expansion to dominate electronics office service and repair. Anbex Electronic Services will push into TV repair, while the firm bets on video display screens and satellite tech via Gensat Communications, despite analyst concerns.

Richard Spence Financial Times Toronto — Electrohome Ltd Electrohome Anbex Gensat Communications Corp Kitchener Ont Aabex

Pool fears payment cut to grain freight subsidies

Alberta Wheat Pool spokesman Al Beattie says a Gilson report proposal for direct federal railway payments to cover grain freight costs could become a cancellable subsidy. He notes 1990 inflation could raise farmer transport costs to about 3 percent above Crow Rates, and commends the report’s balanced portrayal of railways farmers processors and the government.

Calgary al Beattie Alberta Wheat Pool Gilson Beattie Clay Gilson Secon Government of Canada

Diamonds lose profit margin amid diamond market slump

In Johannesburg the diamond market shows waning investor interest as the price of a carat D flawless diamond sinks from a 1980 peak of near 65 000 to below 20 000. De Beers Con solidated Mines cuts its final dividend for the first time since World War II while remaining a dominant producer with over 80 percent of world sales.

Johannesburg South Africa Reuter U.S de Beers Consolidated Mines de Beers

Vancouver Quotations in Cents and Stock Listings

A dense OCR page shows stock quotes for Abaton Abella Abi on Aero Alaska Aleta Alice Lk Amca and many others with bid ask spreads and changes. The scattered data includes high low close values, volumes, and numerous company or symbol labels amid a long run of figures and street names.

Abella Aero Agio Alaska Aleta Amca

Financial Market Summary From Pemberton Securities Ltd

Composite index at 12 noon EDT 1376.6 down. Metals 1216.5 down 21.3. Golds 1562.4 up 21.1. Oil and Gas 2408.1 down 92.8. Pipelines 144.7 down 23.3. Real Estate Construction 2058.5 down 1. Industrial Products 955.5 down 11.2. Dow Jones 814.30 up. Canadian dollar 0.7696 US. Gold 311 US. Silver 5 US.

Pemberton Securities Ltd U.S

Also Mentioned on This Page

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