Winnipeg Free Press Newspaper Archives Oct 27 1970, Page 14

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Winnipeg Free Press (Newspaper) - October 27, 1970, Winnipeg, ManitobaWinnipeg free press tuesday october 27, 1970 Toronto . Stocks distributed by up Toronto Slock 27 quotations in cents unless marked lot rights net change is from previous Board lot closing Sale. Industrials net Stock sales High Lov . A c acres a or 570 29va 29% Ackland p z50 s18 18 18 i Slock sales High Low . Chat con Glass 100 15 15 control f 300 170 170 170 Cornat ind 400 110 110 110 -10 Coron 2w 3300 10 9 10 1 corp food 100 485 485 485 Craig bit 100 365 365 365 Crain r l Al 12% 12% Crest Bra 210 6% tvs Crown Lite Al 27% 27% crush Mil 125 12% 12% cygnus b 1150 Siva d l Dale a 400 480 480 480 -15 Toronto Stock quotations Ackland Abi Tibi Agra ind aim co ind acres it Alta Gas p Alta g d p 100 2050 100 s6u s7vj it 7vj a 100 10% Lovs a 1050 135 135 135 400 w 250 73 73 140 128 128 5 Alta Gas t 2100 46 46 Alcan Alta Nat Algo cent acres Ltd Algoma St Alcan or Almarco do Almin 2p alumni or Anglo Enang it 4vi 3710 21 1330 23 23 2380 8% 1100 280 12% it 125 26va 2614 it 100 480 460 480 250 32v-2 350 15% 15% 1100 450 450 450 5 z20 Debold b p 50 72 72-1 Dill sea 1214 47% 47% v dome Pete 4775 73va j3vt it d Bridge 500 s1s% 15% 15% d fabrics 1300 250 250 250 0 a p 300 300 280 300 Donasco 135 Azo a 2014 Dom store 3155 Slova 10% 10% a 12 05 23vb i Aquitaine Asbestos zoo 27% 27% Argus b or 220 32% 32% arts 260 p 50 32 32 Anthes b p 70 s72 72 72 Ai co ind 250 9% 9% an sugar 400 7 7 it Auto Al 200 425 425 425 Barcelona 1000 15 15 at Sug w 900 215 210 210 5 Bank n s 1291 18% 18% it Bank Mil 1539 s15v4 ism 15 a bar Taco 1000 7% Bathurst p 100 Lui 11 a Beaver eng 200 Svi Svi Beaver l 100 512% 12% Bell Canad 2525 43va Bell a or 194 550% 50 50 it Block Bros 100 340 340 340 bomb Der 100 13% be Bow Aly Viva it 900 325 315 315 600 200 195 195 2451 14% 100 25 25 5100 s13 12v2 13 100 15 15 532 490 400 490 1225 8% 8% 1200 z16 29% 29% Dom tar dug Ltd Dupont Dalex div Dalex d a Al Fin w electro Ltd Falcon fam play f play w fed farm Fleet Hafg Fleetw d Ford Usa Ford Coda f seasons Fruehauf 2210 13% 13% 155 8 8 1525 13v2 243 450 450 450 100 385 385 385 150 195 195 195 s 220 a 617 143 143 i 9800 10% 10% see list below. 300 135 135 135 900 96 95 05 150 6vi 25 51 51 260 43% 43% r 125 8% zoo 14% Oshawa a Stock High cow . Chi be maritime 230 17 17 Marlboro 3000 ssv4 set set mar Bro w 100 170 170 170 5 mass Fer 3134 9% Mclaghlin 100 614 6vt me pc 100 390 390 390 Melchers 200 12 12 met stores 100 24 24 Micro syst 112 480 480 480 Milt Brick 700 405 400 400 Mew Wor 225 10% 10% Molson a 625 12% a Moore 1845 31 31 Murphy 100 6w 6w i nabs dig 100 13% 13% Nat drug 100 480 480 480 Nat Trust 100 Neonen i 300 300 295 300 Nia wire b 100 16 16 Noranda 1472 a nor Cal g 6535 13% a nor Cal w 700 690 685 685 is l p 1101 a newest h 150 465 465 465 5 Ocean pm 800 24 Oil Patch 400 350 335 335 Okanagan 300 315 315 315 200 6 6 4575 5% 5% Stock Weld Wod West Tair Vibur a d la w elec e w Pacific wooded a a Seburne West St Zellers Zenith salts High Low . Cage Zio s12v2 12v2 25 26% 26% 100 26% vib 100 265 265 700 490 480 265 5 480 325 Isva 15% 100 7va 890 20 20 205 11% 100 140 140 140 Stock Silt High Low . Cage Kirk towns 2500 25 24 Lac Anex 1300 110 110 110 5 Lac Anex w z200 51 51 51 mines gun Mang 380 set set it Bra Malea Bramal w Bra scan bldg Ink p Bright by am Bank Bronco Burns ads Calgary p cd sugar can Cem l c Cem l p can malt Gumc Gen Star l Goodyear p Greb ind go paper in capital it West int Grey and Gow cd a Gow cd b Gulf can hand chm and c a or Hardee 40 72-72 a 500 8% it 390 800 7 1044 16 16 z25 320 335 330 330 5 z60 12 z75 450 450 450 150 450 450 450 2374 18v4 18v4 225 200 1000 6% 6% i 74 208 35% 35% z5 16% 16% 200 21 21 can malt p 1260 85 85 85 c packs 1200 19v2 1 can Perm 695 9% 9% 50 25% 25% can brew 2950 7 it c brew by z20 34% 34% can can a 150 475 475 475 c Coni aur 1000 135 135 135 cd manag 100 10v2 c Curtis 600 72 72 can equity 3500 7% 7% c found or 100 12vz 12vj cd invest 75 55 55 c Goldie 8700 450 435 435 5 c Hydro 400 14% is it c Imp Bank 2941 s19v2 19vj c ind Gas 1870 10v2 10% c Marconi 300 9v4 215 325 325 325 up inv or 1100 22% up inv w car car or can tire can tire a c Gillies can Ron can Ron or Capit div Cara Carrier to Carrier w Cdr Ltd chem cell 9130 460 445 445 -20 513 61 i 700 8% 8% 25 25 25 72 74 hard cup a 300 10 10 i harlequin z50 270 270 270 Harvey f 3100 78 71 Hays Dan 100 Hind Daub 600 St i s6vi 3 Home a 1103 19% Home pit 2500 195 190 190 h Stein Elc 30 0 410 410 410 h Bay co 377 14 14 hog 11297 34 1 he Oil g or 101 49 49 Hunter d 100 914 a Huron Eri Al husky Oil 3350 n husky b or z20 30vi husky d w 945 610 595 610 Imp Oil 2353 18% inc Dis w 400 100 100 100 ind accept 2487 in Ace it 200 540 540 540 ind ashes 100 11 n Ingersol 400 Svi Svi i Inland Gas 645 10 10 Inland g p z25 13 13 int metco 100 310 310 310 5 ism 57 295 295 int Nickel 1839 44% int util 2200 33 33 int util or 120 29 20 inter pipe 2435 23% 23% 2lpik Oshawa w Overland Overland 2 p Pac Pete 1215 13v2 200 245 200 600 295 5 245 245 9 9 285 285 peace Riv Pembina Pennington Petrosina Phillips cd pow corp pow c 5 or 1730 970 27 27 550 105 115 a 105 105 5 22 22 v4 100 6% 6% a 400 640 net Slock sales High Low . Cd g a c advocate 900 220 215 215 5 aka itchy 4200 62 62 .62 3 am Larder 2500 60 60 Ang u Dev 5000 45 43 area a 2000 200 195 195 5 Argosy 1500 34 34 a nor 1400 220 220 220 Avoca m 2500 100 90 100 5 ban Keno 2150 440 405 430 5 1500 47 47 47 i Belcher Belletete Betlem 1000 i 625 14% 14% bral can f 1200 160 156 160 5 Rameda 1804 265 260 260 5 Broil reef 1500 23 23 23 Brunsk 110 435 435 435 5 Calmor in c Manss Price com rank org rapid or a readers d Zeltman a revel St p Holland Ronald cd Rothmen w Roth b p Royal Bank Royal test Russell h Russ h p St Maurice Wayvette Schneid Scot York Seaway m Seaway i Seaway w secur Cap Shell inv p Shell inv w Shell can Shully s Sifton pro silvered a Simpsons Skyline h 100 8 8 2775 16 16v4 be 975 6v2 200 5va 6 Al 17% 17% 100 a 800 465 460 200 200 290 280 290 200 16 16 1388 22v4 22vi 1213 26w 26%it v4 c Tung 56 31 31 315 330 1 1 5 100 17 17 z50 20 20 1600 71 71 71 100 300 300 300 5 100 s9 x 2100 100 100 1500 70 1600 335 40 9vi i 13 13 9 9 5 5 70 70 325 325 30 30 725 13% a 1000 56 14000 32 17300 340 2965 2200 190 187 190 can Arrow 4000 27vs Vii 27 c Jam less 100 165 165 165 3000 17 16 16 5000 27 27 14500 12 12 1000 11 11 ii 290 500 285 285 285 5 500 12v2 12w 2400 139 137 139 5 500 150 150 150 11510 73 64 66 z200 14 2000 77 1000 9 2000 30 2190 390 100 125 1000 13 c Lancour c Malar c Nisto Candore Cassiar cent Pat Chest vile Chimo Chrom Coch w Coin Lake 1990 s32 100 390 150 315 31% 32 390 390 315 315 5 150 14v2 400 s16v4 16% Al 7v2 _8 inter steel Moo it 6vt i inv group 100 7% inv Gap a 750 7% 7vi v8 lnvgrp5p 310 17% in overseas 1000 425 425 425 900 140 135 135 ios Ltd Iva co ind Jefferson jockey c Kaiser re Kaps Tran 2200 600 it 452 500 340 340 340 350 7% a Kenting Koffler 860 22va Laba 75 33 33 apr 350 220 70 70 3300 105 94 105 200 z7s 6v 6% 100 325 325 325 525 445 430 430 is 1510 410 400 400 chem 175 p z50 Chrysler 475 24% chum b 100 5% a Columbi p too 16% 16% Cominto 4451 20% 21 v2 c Holiday i z50 con Bath 1107 it it con Bath w 600 65 65 c Bath 68 w 500 285 280 280 con bldg 1600 105 100 con textile 100 13 13 con disturb 1370 17 17 cons Gas 2919 17v2 Laidlaw m Lau Fin Leigh inst life invest life inv w Livingsto lob co a lob co b lob co or lob g a or lob g 2pr lob g b or Loeb a my Ltd magnates major h d Manoir in m of card 9 9 250 6u z40 175 20% 20% 400 21% 21% 300 8% 240 550 a 105% a i m100 7w vans air St 115 us 115 z60 s7 7 7 Slater St 325 12ft a Slater b or 225 12 12 Slater 6 or 100 steel can 4511 22% 22% vib Stuart hse 100 315 315 supt St com 3150 12 sup test of Tel Edyne Texaco 1475 43 t z 100 315 13 6vt 75 26% 26% Texas go s 135 16% Thorn n 11300 19vj Thorn n or 300 Tor do by 1300 Tor Star b 48 19 48 19 Tow Mart traders a traders b trader a p trader b p trader 65 w 200 65 trader 69 w 100 215 225 14% 650 50 50 50 300 8% 200 8 8 600 18% 18% 100 25 65 65 115 215 Columb m comb met con Iagas c Marben con Fardy Conigo c Morlyn con Negus con Nichol c red p c re spar contest cop Fields cop Man Craiget 14 77 9 30 14 77 9 30 385 385 125 125 13 13 2500 206 205 206 250 10 10 10 3000 11 11 11 11500 13v2 13 2150 35 30 5 v2 Ldufault t Lakehead l Shor Leilich la Lac Lou Vicrot Lytton m Madeline Malartic Man bar Martin match Matt gel Maybrun m Adam me Intyre ment Midrib min Ore it Wright mylar m new cat Newconb n Goldvug n Harri n Imperial n Kelmore Noble no Beau North Cal n cold St North Gat n Rock 200 Isth 1000 14 14 14 15100 390 365 385 750 197 1 92 197 3 100 240 240 240 1000 13vj 900 260 255 255 -5 1453 370 360 360 1500 85 83 85 7200 72 72 72 3500 13 13v2 3500 9 9 1575 24% 1000 23 23 23 16900 76 73 1360 158 12000 58 55 2500 31 31 3499 8v2 8 8 3000 30v2 ill 35 35 35 1000 29 2 29 9 300 610 600 610 4000 7v2 500 5 s 5 900 189 188 188 2 500 11700 240 226 230 6400 30 30 30 6500 6vi 6 1300 102 102 102 5647 985 975 975 1600 94 92 92-1 0 z Ope ska 600 i Slock orphan amour Patino pee exp Pine Point pow Rou Preston pure Silv Pyramid salts High Low . Chat 425 350 8600 244 2057 9400 66 350 350 225 235 29v2 29v2 i 63 1945 s3iys 31 a 500 36 36 36 i 600 750 740 750 500 220 220 220 1500 54 54 q Matt Ami 3000 48 48 48 radio re 1000 30 30 30 Ray Rock 500 130 129 129 i Nick rim 1000 12 12 12 Reeves 500 300 300 300 Rio Algol 114 14% 14% Rio alg c w 1000 59 58 roman 32100 700 645 680 500 10 10 10 z200 8 8 Ryan or St a Wen Sherr Sigma Silver folds Sil Miller Silmo Sisco Steep r Grain Market prices were moving narrowly flax also had some exporter in a Light volume of Trade at the opening of the Winnipeg Grain Exchange tuesday. Exporters were buying in the scale Down in rapeseed at mar Ket opening but discontinued As some strength was appearing during the Early portion of the session. Mutual funds buying with Light offers. Oats and Barley had fairly Good commercial buying. Rye was inactive. At the open flax was Ili changed to lower oct. 31799 700 400 400 300 215 215 215 2000 7v2 cattle 16000 45 43 2900 195 189 195 1150 255 250 250 5 Sud cont 7000 33 32 Sullivan 648 590 585 585 5 Teck Cor a 208 660 660 660 Teck Cor b 200 585 585 585 Tex Mont 3000 53 52 Tex Ore 28000 34 Tex sol 7200 60 55 57-3 tribal 1400 81 81 81 trin Chub 2000 17 17 u Asbestos 210 350 340 350 in Keno 770 580 525 525 5000 222 215 222 i 13v2 i 35 d Aragon o Elda Denison Dicknson dome 23 Oroo Donalda dynasty East Sull Endako far West f mar .4400 9067 190 178 1000 600 975 970 975 d i 8200 27 11200 107 104 104 5492 25 8000 170 159 1574 68 104 3 170 68 -1 63peidx 4000 21v2 1 950 to 590 600 391 550 540 550 5 500 14% v2 1050 5% 5% i 196 5% 5% so 400 z20 157 57 57 125 s20v2 20vi 225 465 465 -10 m s 740 j23h 23% 400 110 105 105 100 170 170 170 300 97 97 97 Al 26 26 m of Mills 225 14% 14% i 1400 375 Jii 315 to can pm 1951 3wi 31% it to can i p 44 fort relic 6000 Frobey get a Asch giant k Gran Droy Granduc Gran Isle Green put Gunnar headway High by i null inner. 1000 z40 93 47 1 8 93 93 46 46 600 25 25 25 1362 335 325 335 200 10% 6500 26 25 26 120 770 770 770 200 12vz 2200 16 16 16 1750 124 120 120 1 7000 11 10 v2 1 1 200 300 300 300 to can a or 150 58v2 Vetr can p w 655 s11v4 11% be trans it 780 18% 18v2 Triec cup 400 140 140 140 in car bid 375 13 13 in Gas 1265 14% 14% u sections 550 7 7 i Union Oil z25 s41 41 41 Van Der 200 Svi Svi vib Van Ness 500 65 65 Ven Power 5300 63 60 versatile a 300 215 215 215 5 Vil Centre z50 5% 5% we steel 145 9% 9% walk go 3128 39% 39% huds Bay he Hydra sex int Hallie int Mogul int Robaska Iso telex Joliet Jon Smith Worex Ltd Soutel 300 tt5 30--. Ioa 1000 14 14 z60 17 17 100 205 205 352 980 980 500 46 5700 205 j 1000 20 3500 22 21 14 17 205 980 46 46 201 205 5 20 21w 3000 8v2 300 100 100 100 3600 124 122 124 Jowsey 2146 34 34 34 Kam Kotiza 2800 120 117 118 4 Kerr and 10490 so Lvi 11v4 i k Anacon 233 26 26 26 Dow Jones Market comment analysts expect the Slock Market to continue Over the near term to Drift in its recent narrow Range. In the past five sessions Zijic Dow Jones Industrial average has moved Only slightly up an Down show ing Little net change. Monday it closed at 756.43 off 2.95 for the Day. Declining issues outran gainers 765 to 485. Volume totalled shares Down from on Friday. Brokers say investors continue to show concern Over probable effects of a pro traded general motors strike. They say Many Are Wall Street still fears another paperwork crunch by Robert Dallos new York special tons remember the Wall Street paperwork crunch of not so Long ago can it happen again Many brokers think so. Wall Street they feel still has a Long Way to go despite vaunted efforts to computerize and modernize in order to keep up with lengthy periods of brisk trading. For Many months and until very recently uie Street was in a period of doldrums. Fears of a Resur gence of Back office prob 1 e m s appeared furthest from the minds of most brokers and Exchange officials. In fact As the paper work crunch cased the Bro Kerages turned All of their attention to one of these Verest financial squeezes in the Industry s history. The crisis was caused by a decline in trading volume and sharply dropping prices which created drastic operating losses and eroded the capital of Money member firms. Then almost overnight trading picked up steam. September had the second highest monthly volume in new York Stock Exchange history. Daring that month there was a arc Tim week of nose volume came within Only 11 shares of the All time High trading Day Jane 3s. 3968. The is slackened off considerably a recent 56 to Ord. Tear keep up with surges in vol an official of a major House said. Our systems Are still mostly manual regardless of All the talk of warns Richard b. How land president of the Stock Clearing corp. A new n y s e subsidiary which keeps Stock certificates on Deposit and then clears transactions quickly Between broker although the paperwork problem has abated with an assist from reduced volume the possibility of recurrence must not be ignored. Of course ours is a volatile cyclical business but our capacity to process securities trans actions must not be whittled away in Slack periods to the Point that we cannot handle an unexpected and sudden Rise in volume at the moment despite the As yet Short lived period of heavy trading there appear to be no Back office problems. The big Board says that at the height of the paper logjam in june of 1968. A total of 47 firms were under some sort of restrictions because their clerks could t keep up with the flood of transactions. By september of 1969 this Fig ure has slipped to 28 and today to the Exchange no firms Are under any restrictions from paper work problems Paul Kotton. Executive vie president of the Ameri can Stock Exchange says Jwo wems not appeared i despite the fact if cat combined Motame of fee lyse awl a amex a part of 24 Effii Tjw store or Slock certificates move up Ward at a significantly slower recent statistics further confirm this trend. The lat est Complete figures cover ing All nose amex member firms show that As of the end of August member firm fails totalled million or 81 per cent below the 4.3 billion High Point of december 1968 and 57 per cent below the 1.9 billion Mark at the Start of this year. But a Survey of fails completed at the end of sep tember indicated that fails had advanced by Only 22 per cent from the end of August while volume had surged 45 per cent. Adds or. Kolton confirms earlier observations that member firm capacity does not become strained until there is a continuous or at least sever Al periods of sustained High but where is the Little Stock trader the fellow who buys 50 shares of Gen eral motors and 70 shares of at and t. Indeed it was such Small traders who helped create much of this Back office problems in the past since it takes As much in in it i Silva a 39338 v 42 to t c red pm 39300 13 13 Tex Ore 37000 36 3 34 36 3 oils place g 13452s 12s 132 -12 so Eisner 2630s 234 27s 236 -4 wesak 26200 31 x 31 -2 Nat Pete 46 of 40 -20 you can go with us any Day of the week from the business centres of Canada to the business centres of Europe. And when you do we d rather you d let us take your mind off work with our pampering. Well do it in any Case. We like to see you arrive Alert for your business appointment. Daily to London Paris Frankfurt. Regularly to Brussels Zurich Vienna Prague Copenhagen Moscow Glasgow and Daylight flight from Toronto and Montreal to London. And if you be Ever tried our first class Well no one will have to convince you that this is the Way to Fly. Have your Secretary Call us or your air Canada travel agent. Air can Ada u Bat 19460 420 415 415 earnings noon Dou ill the Canadian press of mkt Fumo do nine Nix riffs sept 15 is70. Is .582.314. a share sl.fiw.384. S .98. Ami Sav War ties nov Teal . So Lur is term s7 p v s Ray 09 and tars t York t y Mil urn i s f Vyff

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