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Lethbridge Herald Newspaper Archive: June 1, 1954 - Page 13

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Publication: Lethbridge Herald

Location: Lethbridge, Alberta

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   Lethbridge Herald, The (Newspaper) - June 1, 1954, Lethbridge, Alberta                                -Tuesday. June 1, 1354 THE UETHBRtDGE The Herald's Financial Page CHAINS STOCKS GRAIN PRICES Winnipeg Grain frices___ (CP) nas jies today on the Winnipeg grain xcfaasge, featured by a little reader export interest In barley. .bout bushels "fere reported jld, mostly to tne United Kingdom. Overnight export loadings of Ca- adian included Dniied King- cm bushels. Japan 715.000, Malta olombia Class mo duraras were ta- hanged; other Lakehead prices for LIVESTOCK PRICES ___. Monday's sales were 225 slaugh- ter and 302 feeder hogs. The sale of feeder hogs and bred sows was well pairorJzed and generally good prices were realized. Ose hundred and forty-four weazs- er hogs sold from Sll-50 to for an average of S15.25 each; 118 feeder hogs sold from S15 to S42.50 .ass two, IWA and domestic wheas UD of a cent. CLOSING PRICES unchanged OcL s higher 66s.a; Dec. lower at H higher 921ib; >ct. H higher Dec. lower at li lower SS-.i: Oct. H wer Dec. lower at 92 lower 265: Oct. igher Dec. 2 lower 245b. Prices for rtass two wheat for ex- ort to countries outside IWA: 1 'or. 182H; 2 3 174'i; 4 durum 278; 2 276; 3 275. IWA rices: 1 Nor. 2 3 4 1 durum 2 Domestic prices: 1 Nor. 182; 1765i: 3 4 1 durum 2 3 CASH PRICES CW Ex 3 CW 69; CW and Ex 1 feed 1 feed 2 feed 3 feed lixed feed 51. and 2 CW six-row 1 and CW two-row 3 an average of 533.25 each: 20 bred   Canadian ollar "was 3-16 of a cent lower at premium cf 1 23-32 per cent in erms of T7.S. funds today. Pound telling unchanged at S2.813s. Can. Admiral 36 Can. Anaconda Can. Propane 77 465 4', 20 32 SCO 38 73 pjn. Quotes) Bid Pacific Pete ..........995 Ponuac .............155 Pooiar................. 34 Ask 1000 Castle Oil and Gas 12 Central Ledac 186 1S2 Century 20 Charter .............123 Claybar ..............170 Coastal 70 125 ISO Command 70 Commonwealth...... 400 Cons. Grease Creek 5 Cons. Mic Mac 231 Con. Devonian ISO Dalhousie........... -15 Del Rio ..............165 Dom. Normetals 11? Edoran 10i Smjay'............... 415 Fortune 35 Franco 27 Freehold. 6 105 240 190 170 12 Gas Ex. Gen. Pete A 53 14 600 425 33 31 64" 13 8 165 118 9% Henderson 3014- 33 High Crest 17 Highwood 1154 14 Home Oil.............825 845 Jet 14 16 Jumping Pound 15 18 Keno 45 Kroy..................120 Leduc Calmar 24 Golden Snike 7 Great Plains Great Sweet Grass 116 Hargal 9 Liberal Long Island McDougal Segur Merland 7 Mercury............. 8 Merrill ..............635 Mill City 26 National Ex. 37 25 215 2SO 10 12 15% 16 7U 10 10 695 23 38 New Br. Dominion 230 New Continental 46 New Ranchmens New Richfield New Spring Coulee 16 New Superior ........330 North Canada 2% North Confal 2% Northland 28 Nuco ................187 New Devon 16 Okalta ...............148 Pan Western 37 47 345 3 32 J.DD 39 7 65 124 10 9 115 190 2354 S 28 36 4 8 68 Qumalta Reality j Renfrew i Rio Prado Roxanna Reef Royal Can. Runole Sage Scurry Sec. Freehold Select Share S. Western Pete Spooner 20 Stanwell 66 Sturgeon Sunset 35 Target 8 Transfield........... 5 Triad ................2S5 Trizone 10 Turner Valley............ o3 United ..............109 115 Vanalta.............. 20 Vulcan 25 Western Ashley 15 Western Potash 30 Western Maygill .....179 Western, Warner 10 Yankee Princess 70 York 10U 11 10 10 13 29 70 13 36 9 Dome Donalda Easi; MalastJc 230 Sstella 22 East Sullivan 4QIi Falcosbridge I65t Frobisher 430 Geco 930 Giant YK 835 Golden Man. 120 God'sLake SO GoldfieJds 45 Gunnar Gold S90 Heath Gold t Kollmger --5-i Homer YK Hudson Bay M. and S Inspiration 280 Joliei Quebec -39 Kerr Addison 17Ts Kirkland 35 Labrador 875 Lake Shore 550 Lake Lingman 13-J Leitch 66 Little Long Lac 67 Madsen RL 170 McLeod CockshulE 155 McDonald Mines 48 Malartic GF 140 Asbestos............ Ashdown Atlas Steel.......... 12% Beauy v...... Bell Tei. Brazilian Trae. B. A. OH....... B. C. Power.......... 23 !i Brcwn Co. TgrjiM-ng Prods......... 39's Bums Eseaerres........ 25 Cdn. Chemical........ 7% Canada Cement ......103 Canada Car Cdn. Celanese Cdn. Canners G. and D. Sugar Cdn. Food Prod......270 Cdn. Gen. Invest. Cda. Industries Cdn. Oil....... Canada SJS..... Cdn. Marconi Cdn. Vickers 45 16 25 475 2654 745 Mclntyre McSenzie Red Lake Mining Corp National Ex. Negus Nesbits Labine New Calumet Nexr Delhi Dickepson New Highridge 31 189 MUTUAL FUNDS Can. Invest. Funds 679 Resources of Can. ____ 555 621 Intern. American .1075 1181 Comm. International 557 623 Leverage of Canada 405 445 Balanced Mutual 412 453 Grouped Income 540 589 Timed Investment ....x485 x485 To Commemorate Normandy Invasion SOEST, Germany More rban 170 members of the 1st Cana- dian Infantry Brigade group, sta- tioned here, will join several hun- dred Canadian veterans next keek- end in ceremonies commemorating the 10th anniversary of the Nor- mandy invasion. Some 300 to 400 veterans of the j 3rd Canadian Infantry Division and I their wives are expected to jour- jney to France for the occasion, The servicemen and veterans will I join Saturday in services at the cathedral and British military cem- etery in Bayeux, 15 miles north of Caen. Sunday there toll be serv- ices at two Canadian cemeteries and the troops will take part in a march-past of British, United I States, Belgian aad Netherlaad forces. i Maj. J. A. Berthiaume of St. Ey- 'acinriie, Que, will command the Canadian group. The veterans group "will remain on the continent until June 10. 64U 39 45 37 11 165 79 120 287 19 New Larder 103 Noranda Normetals 230 North Inca 3 O'Brien 65 45 Pioneer 168 Pitch Ore 11 Presion SD 297 Quebec Man 175 Quemoiu Kadiore 88 SIS 127 San Antonio 133 ShernK Gordon 395 Silver Miller Ill Starren Olsen 11 Steen Rock 775 Sullivan 199 Svlvanite 112 Teck Hughes 210 TombiU 48 Trans Resources 32 Tapper Canada _ 106 "Venmres Violomac 170 Waiie Amuiei; 12% "Wright Hargreaves 162 TKBear 131 BANKS Commerce Domrmon Imperial Mcna-eal Nova Scoria Royal Toronto AVERAGES Toronto Industrials: 34SJ3, un 20. Golds: 72.03. down J3. Base metals: I5L02, Western oils: 96.62, uo .05. New Tork Industriais: 328 04, up 55. Rails: 48.49, down .13. TJtilides: 58J.1, up .04. Stocks: 122.64, up .09. 37U 35% 40vz 43Tj NEW BUTLER BUILDINGS make budgets go farther You can cut square-foot costs for factory and warehouse space to a new lew with Bailer 70' clear-span steel buildings! YouTI find them easy to adapt to your site and use, too. They give you 14' side- with bays for any length. Also leaa-tos 20' wide with 8' walls. Doors and -windows can be located for your convenience. Insulation and lighting are easy, economical. Galvanized or Elonjintira sheet- ing assures years of weather-tight protection with, little upkeep. Bolted construction makes later expansion or relocation simple. Let us show you how Butler buildings make your budget go ferther. We will gladly work with your architect or plant engineers. ___Our service can cover everything fron foundation to insulation. Call or write us----today! BUTLERI Southern Alberta Agents OLIVER CHEMICAL LETHSRIDGE, LIMITED 906-3rd Ave. N. Phone 4838 or 6555 Company Reports All current obligations of fixed I maturities, sinking fund payments 'and interest have to be met, before dividends can be paid, Eldon I_ BroTvn, president of Sherritt Gordon Mines, Ltd., said at the annual meeting. Ee replying to shareholders Trho asked what; restrictions the company's bonded indebtedness ould place on dividend payments. Mr. Brown gave the totals of the obligations for the next four years as foilovrs: 1955. S9.301.00Q; 1S56, 1957, S4.703.COO: 1953, The company's working capital would have to be maintained at a minimum of Control tough weeds in wheat and barley! with ESTERON TEN-TEN DOIT'S improved 2.4-D ester -with increased kuling power ESTERON TEN-TEN" fe formu- lated especially for spraying -wheat and barley where art ester type -weed Wier is needed for hard-to-control -Keeds, including thistle and wild bucko-heat. Contains the proved highly effective propylcnc gh col buiy I ether estej adaptable lo high or low volume spraying irith hard or soft -rater. See us for the facts. JDOJT AGRICULTURAL CHEMICALS You Always Do Belter At... Cons. Paper Coa. M. S Corby's "A" Dsst, Seagrams Dorainioa Bridge jjoao. Tar and Cheni. Doni. Textile Dom- Steel Ford "A" Famous Plajers Fanny Fanner General Mowrs Gea. Steel Wares Great Lakes Paper Gypsum !_ and A. Eaves Steel H: Smith Paper Hiram Walker Imperial Oil Imperial Tobacco Metal "A" Int. Xicke! Int. Pete Int. Paper Int. Cnl. Indust Accept Interurov. Pine" LoblaV "A" Mclvor DnUiEsr McColl Frontenac McMillan Bloedel "B" Massey Karris M. and O. Paper Ogilvie Page Hersev Parker Drilling Power Corp FCTs-ell River Price Bros. Sc. Lawrence Corp Saawinigan Brew Brew. T.T.C. Simpson's........ Taylor P.C Tavlor P.C. pfd. Trader's Fin. "A" Trans. Me. Pipe TTnired Corp. "B" United Sieel "Union Gas Western Groc.... Tivesion's 13 ri SK 12 21H 71H 15 IC's 41% 22 67 31U 44 3 35% 35 64H 325 39% 38 27% 26% 11 39-: 22% SO 22% The World Veterans Federation announced in London that its live- naiion esecctive board meet in Ottawa June 3-5. ThcyH Do It Every Time Jimniy CAKTOSSA3UFBAU? LES TO V4JS SKORKS. 5400KD WITH FUMBLE MARKET TRENDS WALL STREET The stock market was slightly higher in the late afternoon to- day with a lot of irregularity trident. Gains went to around Z points in favored areas. Losses fractionaL Aircrafts were higher and ac- tive, a standout among major divisions. Canadian Pacific led Cana- dian stocks on the upside, ahead J4. Distillers Seagram advanced and Dome Mines gained Js- Hiram Walker was lower, down H, and International Nickel and Slclntyre were unchanged. Lake Shore, Canadian issue on the American stock exchange, dropped K- Giant Tellowknife and Koyalite Oil were un- changed. Security of Pakistan Act. More ar- rests are expected. TORONTO STOCKS: Climb- ing industrials veered away from an otherwise weak stock market hi light trading toward today's close. Western oils, base metals and golds, however, lost ground. Industrial price climbs, mainly minor fractions, were most prominent in papers, utilities, foods, liquors, financial insti- tutions, textiles, motors, and manufacturers. Western on losses outnumber- ed gains 33 to 24, but most losses were pennies. In base metals, Consolidated Smelters cent loss was the biggest price change. MONTREAL STOCKS: A slight strengthening tone, pre- vailed in moderate trading on the stock market today. Gains were fractional. Miscellaneous industrials, papers, utilities and banks showed an upward trend. Bever- ages, steels and senior metals were mixed while carriers and senior oils held to an even keeL Western oils were dtiU and featureless. 15 More Alleged Communists Arrested by Pakistan Police KARACHI, Pakistan Police today arrested 15 alleged Communists, including five newspaper men, for activi- ties "likely to disturb public peace and All be detained for a year. The raids carre to tee j capital as arrests in the remote j province of East Pakistan mounted following ouster of the provincial government there for "disloyalEy." The Karachi arrests included Mo- hammed Abdul Makoor and Ahmsd The arrests were made under the Hassan, assistant editors of the Taxes Upped In Newfoundland ST JOHN'S N-i Minister Power of Newfoundland said Mondav in, his budge- sueech e government is boosting the i gasoline tax and applying tax I i leading English-language newspaper Dawn. Dispatches from the East Pakis- tan capital of Dacca said 210 ar- rests were made throughout the j troubled province Monday and j more were expected today. Troops patrolled Eas; Pakistan's main cities to prevent any violence ks of the ouster Sunday if Abdul Fazlul Huq, chief min- r of the province, and his cab- province been placed on ent-ertainmenu tickets to provide new revenues totalling He said the government finished the fiscal year 1953-54 a sur- plus of the fourth, con- secutive year the showed s surplus. government The las on gasoline be in- creased by one cess to 15 cents a gallon, bringing gas-tax revenues to a year, an increase of over last year. A gallon will go up from. 46 10 47 ceiKS, effective today. A so-called cancer control tax be applied to entertainment admission tickets. This bring additional revenues estimated at in a state of emergency. The minister and his cabinet were ousted by the Karachi gov- ernment on grounds they were fo- menting a. separatist movement. Eass Pakistan is divided from the rest of the country by miles of northern. India. The area is the home of of Pakistan's people and also of the country's major jute industry. Mrs. Georges Guenette, the for- mer Catherine L'Ssperance, died in Quebec at the age of 102 years and five months. She was believed to be the oldest resident of Quebec City. ARE "YOU" IN NEED OF A NEW LAWN? REASONABLE If So FREE RATES CONTACT ESTIMATES H. DYKMAN CONTRACTOR FOR LAWXS AND GARDENS 2120 28th Si. S. Phone To produce more food more cheaply To bring a "better standard of living to the world Two Great World-Wide Organizations MAS SET tlS; AND JM.assey-Hanis; pioneer in the faun implement industry, pioneer in power-fanning equipment and world-leader in fee self-propelled combine, now becomes greater than ever by the acquisi- tion of in the application of hydraulics and the ntounSng of implements to make tractor and implement an integral known universally as The Ferguson System, which has been much imitated but never duplicated. From the pooling of engineering skills, the more advantageous use of manufacturing facilities and efficiency that can be effected under a single managemf it, the new organization of Massey- Harris-Ferguson goes forward to make a greater contribn- tion than ever by developing new and more efficient machines to make farming easier and more profitable. Tfte Company will cogitate to market At fwo lines separately mder Aeir names: "Massey-Harris" md LIMITED   

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