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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 9, 1973, Lethbridge, Alberta Monday, April 9, 1973 THE LETHBRIDGE HERALD If Market lower at mid-session TORONTO (CP) Prices on the Toronto stock market moved lower In moderate mid- morning trading today. The industrial index, consid- ered a major indicator of mar- ket direction, was down .50 to 222.80, golds 1.16 to 245.30 and base metals .22 to 101.78. West- era Oils rose .39 to 241.43. Volume by 11 a.m. was 000 shares, compared with 654.- 000 traded at the same time Friday. Declines were slightly ahead of advances, 117 to 112, while 190 issues remained unchanged. Bank, beverage, commu- nication and food processing is- sues were lower while construc- tion and material, oil refining and paper and forest stocks moved higher. Trading was halted in all shares of Glengair Group, At- lantic Sugar Refineries, Nirth- ern Tar and Chemical, Tancord Industries and Venpower pend- ing release of information by the companies. Glengair Group holds a 50-per-cent interest in Venpower and cortrriling inter- est in the other three com- panies. SHARES WERE HIGHER Common shares of Glangair Group closed Friday at At- lantic Sugar Refineries at and Venpower Maclean-Hunter Cable was down to Canadian Im- perial Bank to Thom- son Newspapers Vz to Shell Vz to and- Trans- mountain Oil Pipeline Vz to Maple Leaf Mills was up Vz to Chrysler to Fal- conbridge Nickel to and Seaway Multi-Corp. to Placer Development fell to Dome Mines to and United Siscoe to Falcon- bridge Copper climbed Ji to and Pacific Copper 18 cents to PanCanadian Pete rose Vi to Lochiel five cents to S3.05 and Canadian Southern Pete five cents to Oakwood fell four cents to MONTREAL (CP) All sec- tors except industrials declined in light trading on the Montreal stock market today. Combined volume on the Mon- treal and Canadian stock ex- changes at 11 a.m. was shares, compared with 264.300 shares at the same time Fri- day. PACIFIC car wash people EXTERIOR WASH wrth gasoline purchase of 3 gallons or more (Extenor wash 50 wrtti gasoline purchase 3 gabions or Complete interior and exterior wash S1 with 15 gallon purchase 10- 15 qallan purchase Banks dropped 1.12 to 2G9.47, utilities .63 to 158.69, papers .27 to 220.53 and the composite .24 to 230.03 while Industrials gained .01 to 243.74. On the Montreal Stock Ex- change, Maritime Electric gained 1% to ,Quebecor Vs to Marlborough Proper- ties to and Royal Trust to On the Canadian Stock Ex- change, Fallinger was down 25 cents to on shares. Wall St noon NEW YORK (AP) The stock mrket poked slightly ahead today in quiet trading as hopes mounted that the Nixon administration would act to curb inflation. The noon Dow Jones average of 30 industrials was up 1.65 at 932.72. Advances on the New York Stock exchange led de- clines 683 to 511. Among Canadians, Mclntyre was down to Alcan to Canadian Pacific to Seagrams to and Inco to Hudson Bay Mining rose to Massey- Ferguson Vt to and Granby Mining Vs to On he American exchange, Canedian Javelin was up 3A to Cost of living up again Higher costs for food ond he-using pushed the consumer price index up another notch in March to 145.7 from 145.3 in February, Statistics Canada reports. In March a year ago the rested at 137.4. Food prices led the advance with an increase of 0.4 per cent follower by a 0.3 per cent rise in the price of housing. Meat, fish and poultry prices have provided the big impetus in the food sector, rising 18 per cent over the past year. __________________ Miscellaneous quotations Grain prices Vancouver, Calgary, Montreal (Supplied by Doherty, McCuaig Limited) a.m. Quotes) LAST BID OR SALE a.m. Quotes) a.m. Quotes) 15.75 550 3.90 7.80 8.50 .25 52.50 400 Livestock Calgary livestock CALGARY (CP) Receipts en the Calgary Livestock mar- ket to 11 a.m. today totalled 150 head, mostly slaughter steers and cows. Trade was moderate. Slaughter steers were steady with last week's close; heifers were steady for quality; cows were all D3 and D4 grades at steady prices; no bulls offered. Al, A2 steer 42 to 42.80. A3 41 to 42. Al, A2 heifers 40 to 40.70, A3 28.50 to 39.50. D3 COWS 30 to 31, D4 26 to 29.50. Replacement cattle were in short supply with most of those offered weighing more than 750 pounds. No stock calves offer- ed. Good feeder steers more than 750 pounds 40 to 44, 575 to 750 pounds 45 to 46.50. Good stock and feeder cows 26 to 32.40. Hogs base price 43.85. Macleod Livestock FORT MACLEOD There were 1.338 cattle and calves on offer at Fort Macleod Auction Market last week. All classes of slaughter cat- tle sold under pressure with choice dry fed steers and heif- ers selling to S1.50 lower and cows to lower. S o me pressure on the feeder cattle, especially on the poorer class- es was also evident. Choice dry fed stters 41.40 to 42; choice dry fed heifers 39 to 40.30: good cows 30 to 32; medium cows 28.25 29.50; good bologna bulls 33.40 to 35. Good leeder steers (600 to 300 pounds) 42.25 to 46.50; good steers (400 to 600 pounds) 45 to 50: good heifers (400 to 600 pounds) 40.50 to 46.25. Good feeder steers (850 to 1.000 pounds) 41.75 to 44.20: good steers (640 to 800 pounds) 45.50 to 43; good green steers (450 to 550 pounds) 46 to 54: one package at 446 pounds 55.20: good heifers (600 to 700 pounds) 41.25 to 42.60: gallon purchase SUPERSONIC CAR WASH 1819-3 Ave S. Wfe honor aJI credit cards approved by defter before purchase 000 VWV UFE INSURANCE (Initial Amount) (20-Year Decreasing Convertible Term IT WOULD PAY YOU TO COMPAQ THIS WITH ANY OTHER TERM MONTHLY PREMIUMS (P.A.C Plan) 9 Age 21-S8.49 Age 35-510.06 Age 7S-S8.70 Age Age 30-S8.9S Age 45-523.93 KEN BELSHER OCCIDENTAL LIFE of CALIFORNIA 439A HOLIDAY VILLAGE Phone 328-0944, Res. 3284994 New York stocks (SappUed By RicbarOson Securities of Canada) A-ir T and T Anaconda Beth Steel Chrysler Cn-nsai Dvpcnt GM Gulf Int Harvester Kenn Copper 100.37V3 20 Golds W5.03 off 95.12V3 10 Base 101.K off .16 15 W Oils 241.il up .37 Volume 931.000 YORK AVERAGES 21.62Vi 30 Indust 932.72 up 1.65 Westinohouse Elec 20 Rails up .81 25.25 U.S. Sleel 32.25 15 Utilities up 31 IS Gen Te Elec 27.87% 65 Stocks 295.71 up .82 27.75 TORONTO AVERAGES Volume 50 75 Sears X-Rcn 19.121'j Texas Gulf 33.67V2 Texas Co 52 50 Wickes Corp 166.75 Wcolworth Montgomery Ward 20 Indus! 722.41 eft .89 STOCKS V 8 GA KURT WALTER Ceramic Tile 314 13th St. North Phone 328-3981 SAVE 10% 25% STOCKED CERAMIC TILE MOSAIC TILE x WALL TILE QUARRY TILE OVER 200 COLORS TO CHOOSE FROM VENETIAN MARBLE VANITY TOPS SHOWER DOORS TUB ENCLOSURES Store Hours April 9 to 14 MONDAY THRU THURSDAY 9 A.M. to 6 P.M. FRIDAY 9 A.M. to 7 P.M. SATURDAY 9 A.M. to P.M. Hog prices EDMONTON (CP) Aver- jage prices to H a.m. today pro- ivided by the Alberta Hog pro- ducers Marketing Board. Edmonton: 43.95 average Fri- day 43.75. Red Deer: 43.95 average Fri- day 44.37. Mobile Ice Cream Vending Distributorship available. Operates successfully in ever 55 cities in Canada. Ideal for University student or family with teenage children. Supplement your present income, little cash required. Please write with resume to Box 732, Win- nipeg, Manitoba R3C 214. 40000 Calgary: day 44.54. 43.85 average Fri- LeUibridgc: No sales today or Friday. Total hops sold !o 11 a m 1.347. Total hogs sold Friday. I average 44.13. Sows aver-' age 33.55. FINANCE CORPORATION LTD. M160, 345 Ave. S W Colgory, Alberto Short Term Rnemcinq Available, any omouptt ever Expedient Phone 263-6465 or 262-3908 TOYO STEEL BELTED RADIAL MAN INVENTED THE WHEEL... TOYO PERFECTED THE TIRE. LEONARD TIRE MART LTD. 1902-2nd Ave. Phone 327-3580 ;