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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 4, 1972, Lethbridge, Alberta Stock prices dip in slow trade TORONTO (CP) Gold is- sues on the Toronto stock mar- ket moved fractionally higher while prices in most other jnajor sectors dropped lower in alow m i d -m o r n i n g trading today. The industrial index was of! .M to 197.13, base metals .12 to 96.23 and western oils .49 to 223.27. Golds were up .63 to 176.30. Volume by II a.m. was shares, up from at the same time Monday. Declines held a moderate margin over advances, 113 to 88, with 101 issues unchanged. Moderate losses were suffered by communication, industrial mining, merchandising, oil re- fining, real estate and utility is- sues while banking, chemical, beverage and trust and loan stocks edged fractionally higher. Uobinson Little dropped 6 to Montreal Trust to Dominion Textile Vn to Inco 3s to Texas Gulf Sul phur Vi to and Western Realty to SB. Dominion Stores lost 'Is to Husky Oil Vi to Cominco Vs to Imperial Oil Va to Denison to and Bank of Nova Scotia 'A to CDRII Ltd. was up >'z to S12, Kerr Addison 20 cents to SO.50 Northland Oils five cents to Grain prices Winnipeg Grain WINNIPEG (CP) Rape- seed and (lax futures soli slightly higher at mid-sessioi on the Winnipeg Grain Ex change today in a lighter vol urne of trade. Exporters were light buyer in both commodities, meeting quiet volume of hedges. Other commodities w e r barely active and fealureless. Volume of trade Monday wa bushels of flax, 000 of rapcseed and rye. Mid-session Flax: May Vi lower 2.81'.iB July 1 higher Oct. higher Nov. not open Rapcseed Vancouver: Jun higher 2.68 Sep. higher Nov. higlie 2.523SB. Hapesced Thunder Bay: Ma higher 2.57-UB; July 1 higher 2.45VjB; Oct. 2.44B; Nov. not open. Oats: May lower 631! July unchanged Oct. n open. Barley: May unchanged 1.09A; July not open; Oct. un- changed 1.03A. Rye: May unchanged 1.023JB: July higher Oct. Vi higher Grain quotes Monday (basis ,25, Giant Ycllowknife 25 cents Sfl.25 and Canadian Imperial ank Is lo GUT TRADE MONTREAL (CP) Prices imped in all sectors in light orning trading on Ihc Mont- al stock market today. On index, industrials were of( to 202.82, utilities .04 to 3.35, banks .54 lo 252.12, the imposite .61 to 200.44 and pa- irs .19 to 81.80. Combined volume on the ontrcal and Canadian stock xchanges at 11 a.m. was shares compared wilh at the same time Mon- Livestock report lethbridge Livestock losses on Ihc Montreal totk Exchange, Cominco was i lo Noranda Mines j to Guaranty Ti'ust lo 13, B.C. Telephone >A to 'ominion Textile lo and onsumers Gas Vi to in gains, Ultramar Co. was up lo Rapid Data systems i to and Royal Trust On Ihc Canadian Stock Ex- hange, HRD Ltd. was up to 6. DJA OFF NEW YORK (AP) Tlie lock market slipped today in noderale trading. The noon Dow Jones average if 30 industrials was off 3.08 at 937.84. Declines led advances on he New York Stock Exchange >y less than 3 to 2. Among Canadians, Tnterna- .ional Nickel declined to and Dome Mines was oil to On the American Stock Exchange, Scurry Rain- bow Oil declined to ?15'i8. Prices on the American Stock Exchange's most active list in. eluded Tcleprompter, off at S36is; Tokheim Corp., up 2 at ?i; and Delta Corp. of Amer- ica, off IVz at Monday sales 450 hogs. All classes of good quality weuner and feeder hogs met very good demand at steady to strong prices. Wcaucrs: 9 to 15.25; light feeders under 100 Ibs. 15.M lo 21; heavy feeders 100 to 130 22.50 to 27.25; heavy feeders over 130 Ibs. 32 to 30. All prices per head. Light feed- ers under 100 Ibs. sold from 24 to 2850 per cwt.; heavy feeders over 100 Ibs- 21 to 23.50 per cwl; bred sous and gilts 45 to 90 per head. Butcher hogs sold Monday at the L e I hbridge yards 27.65 base price. Calgary livestock CALGARY (CP) Receipts on the Calgary livestock mar- ket to II a.m., about 850 bead; mainly slaughter slrers. Trade was active. Slaughter steers were 25 cents higher; heifers were scarce and 35 cents higher; caws ware steady as were a few medium bulls. Choice slaughter steers 35.25 to 36, good 34.25 to 35.35, medi- medium 30 to 32. Good cows 27 (o 211, medium 25 (o 27, canners and cutlers 22 to 25. Medium nulls 27.50 lo 28.50. Replacement calllc were scarce with most of the offer- ing heavier feeder steers. Good feeder steers more than 750 pounds 34.50 to 36.50 with light kinds higher. A few good stock steer calves 40 lo 45. Hogs base price Beef futures WINNIPEG (CP) beef futures close Monday. Live May 34.80B; July 34.20A; Sept. 32.10B, Thursday's volume: No con- tracts. Prairie drivers are blamed for liigh accident rale "Overdriving conditions and Wood, Gundy profit up TORONTO Pacific Air 1T-CO Corp Invest St F S.74 Stampede Intl Pel 1.52 Orev'us F U.S. U.O OILS Gr lr> Shares 4.33 Albany Oil -i( C-r nquily 7.31 305 Plans Pcle -75 Invest Gr F II.C'5 13-17 West Explor .14 Amr T and AnacwvJa Beth Steel Cnrysler GW, Gulf Int Kaf, a.Wi Sears lE.i'JVj Sid Oil 33.AlVj Texas G 33.25 Texas Cc 63.12i'3 1W.11V? U.S. 27.1 J1 26 SO 30 Golds 176.73 Lip .97 of H.J. 71-00 la 95.95 ofl -40 15 W Oils 77435 Up .59 Volume YORK AVERAGE 31.75 jse Etec 30 Indust 937.W off 3 I JO Rails 265.92 Up .13 15 Utilities 111 67 off TORONTO AVERAGES 6S m07 off Ward 2B-00 23 Indust 197.27 cff .52 Volume REALTORS e OR THOSE WHO WANT TO BE O Westbank Real Estale lias openings for serloui O career minded idles people excellent incentive plan. All interviews strictly confidential. Coll PAUL! SMITH at 328-1044 iloyccs, Including the top FIIA .mdcnvriler in New York Etate, taking bribes in a conspir- acy to sell housing at in- flated prices to lov-income fam- ilies couldn't keep pay- ments on the morlflages. the homeowners do- faultcd on their FHA-insured the jjrand jury salrl, tlie luirl to pay off Iho loans. Dun nut! BradstrccL ami one of Us officials, Arthur Prescott, were charpcfl with 2! counts each of inakiru; false statcmentA indicating the borrowers wcra able to pay off tlioir loans. First reports said the FIIA stoDci to Jose some ?200 million through the scheme, but the !y on individual Dun and housing rlcpartmcnt Sunday PS- radstrcet credit reports for timaled thu loan defaults on Binglc-fiiinLly I FHA-inMircd properties cost the government million. Net earnings jy irance transaction, Duti and Braclsli col sells rediL reports on individual ap- jcants to private mortgage ompanies that may use them deciding whellier io approve j By TllK rANADIAN PRESS mortgaye loan. The loans then .Irwollcrs Ltd., lay qualify for FHA mortgage e n c jnn 1972, nsurance. j a share; 1971, Dun and Bradstreet was the i i2jf2S3, 72 cent-s. arrest of 10 U.S. firms and 40 .......'_____________ ndividuals named in federal in- i c t m e n t s handed down in .rooklyn, N.Y., last week. The ndictments charged seven iresent and former FHA cm- I1Y FIIKXCH Prince Kdward Inland v.-as first stilled by the French, about 17 HI. to learn may obtain an IDS loan ,io assist in starting, or your business any- in Canada. business anywhere in Canada 'INDUSTRIAL DEVELOPMENT BANK LETHBRIDGE. Alia.: 740-4lh Ave. Soulh-Tel; 328-9531 distance improved DDD cuts by up to Direct Distance Dialing saves everyone money. During the day you can save up to 46% on calls you dial yourself. After 6 PM til Midnight, Monday through Saturday, DDD can save you up to 56% There are greater savings from Midnight to 6 AM. Because DDD lets you dial almost anywhere in Continental U.S.A. at savings of up to And, in Canada you'll save up to To top it off, If you dial direct on Sundays to someone anywhere in Alberta, you can save up to "Savings are based on comparisons with person-to-person rales during the same time periods for a 3-mimite call. DDD savesyou money almost every time you dial OTAG7T ;