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Bad news bearer: Lloyd Gravengaard, chief executive officer with precious metals dealer Deak-Perera, says his dark economic forecasts are based on realism, not pessimism
Bad news bearer: Lloyd Gravengaard, chief executive officer with precious metals dealer Deak-Perera, says his dark economic forecasts are based on realism, not pessimism

Bad news bearer: Lloyd Gravengaard, chief executive officer with precious metals dealer Deak-Perera, says his dark economic forecasts are based on realism, not pessimism

Date11/20/1982
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ProvenanceCourtesy: Toronto Star Photograph Archives
CollectionToronto Star Photograph Archive
Usage Rights Copyright (Learn More)
Copyright HolderToronto Star (Firm)
Call Number / Accession NumberTSPA_0127910F
Likes oils, metals: New president of Toronto Society of Financial Analysts, Brian Hayes, says he likes metals and oil stocks, but political and economic uncertainties are making him cautious for the moment
Likes oils, metals: New president of Toronto Society of Financial Analysts, Brian Hayes, says he likes metals and oil stocks, but political and economic uncertainties are making him cautious for the moment
n.d.
W. H. Thornburn, chairman of the Toronto Stock Exchange board of governors, sees a small revival of confidence by Canadian investors, but much less than I had expected by this time. He forecasts continued sluggishness in trading until corporate earnings improve. Thornburn thinks there could be new speculation in oil and gas stocks when results of winter drilling become available. Cost-cutting and other controls have prepared brokers for any new storms, he says.
W. H. Thornburn, chairman of the Toronto Stock Exchange board of governors, sees a small revival of confidence by Canadian investors, but much less than I had expected by this time. He forecasts continued sluggishness in trading until corporate earnings improve. Thornburn thinks there could be new speculation in oil and gas stocks when results of winter drilling become available. Cost-cutting and other controls have prepared brokers for any new storms, he says.
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Insurance Executive Walter McCarthy. Forecasts viewed with humility and uncertainty
Insurance Executive Walter McCarthy. Forecasts viewed with humility and uncertainty
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Rosy forecast, Ontario Treasurer Robert Nixon has reason to smile about his budget, which forecasts the provincial economy growing by 4.2 per cent and inflation falling to 3.8 per cent
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Wall St. meets Sudbury: Chuck Baird, greeted by Wint Newman (right) president of Inco Metals' Ontario division, dresses as much for Wall St. as Sudbury - and his step still says: Leatherneck, echoing his days as a U.S. Marine.
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Boon to industry: Phillip Simmons, head of Eco-Tec, says the system focused on saving money by recovering metals from industrial waste water.
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Gold Bug Ned Goodman says the metal's price is about to start an upward cycle.
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She's queen of the mud, The weatherman forecasts a good day for the Woodbridge Fair today, but yesterday it was a washout
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Weathergirls Dini Petty, left, and Bev Gun-Munro brighten up the forecasts at City- TV
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Retail forecasts
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Brian Hill talks to Morlane Oliver and Joe Snider between Weather Forecasts
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