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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 9, 1974, Lethbridge, Alberta 30 LETHBRIDGE HERALD Tuesday, Apr" 1974 Prices on stock market higher Winnipeg grain TORONTO (CP) Prices on the Toronto stock market were generally higher in NEW DIRECTOR OF CIP Derek F Mitchell elec' 0" 01 Derss F Mitcr-el1 P-eside-ii o' BP Canaaa ss a D rec'or Carsc a" l-rernational Daper Comoarj announced 'ollov re a r-ee ng o' Board of D reC'OTS 0' S Mr M i aopoi-ued Cent o BP m "966 p o- o -iDOr an- costs l a- le Uni'ed S a 2s "g o ned he Br 'ish -e o Co-'sa'-v he was S2CO aC 55 and the composite 15 to 12 while utilities fell 01 to 140 27 and banks 48 to 270 J5 Rio Algom Mines fell Bell Canada s.. to s and Laurentide Financial while Moore Corp rose to S48 and Alcan to SJP, VANCOUVER iCPl Prices were down Monday in light trading on the Volume at the close was 1 8b8 513 shares On Ine industrials board Block Brothers down 15 at SJ W> on 9 900 shares Jolh Jumper was up 05 at SI 30 on J 925 shares and EDP Industries fell 01 to 18 Most dctive issue in the mines was Coralta Resources down a turnover of 96 137 shares Tourmgan was up 01 at 7b on b4 000 shares Laronge Mining Has unchanged at 20 on 29 000 shares Consolidated Fortune Channel was up Ol'z at 39 on 27 500 shares Silver Standard fell and Explorations was down 04 to b9 WANTED TO BUY Proven and Semi-Proven GAS RESERVES Reply to Box 93, Lethbridge Herald In the oils Vargas Mines was down 02 at 14 on 79000 shares Payette River was down 02 at 45 on 25 500 shares Seneca Develop-nenl was up 02 at on 16511 shares Davenport was down 01 at 80 on U J50 shares Cop Ex Mining was down 01 at 49 and Canadian Hydrogai rose 20 to 90 NEW YORk (AP) Hopes for an easing off in the recent surge of interest rates sparked a mild rails on the New York stock market today The noon Dow Jones average of 30 industrials was up 6 18 at 846 14 and gams outnumbered declines by almost to three to one Trading was still light Cioodvear unchanged at was the most active slock Among Canadian issues listed on the iSew York market Alcan was up to Stil-h Dome Mines 4 to Inco to and Masses Ferguson '4 to Mclnlsre fell 's to Lathbrldga There were no cattle sales Mondas at the Ltthbndge sards due to the sveeklv sale of sveaner and feeder hogs Sales 1225 hogs All classes of weaner and feeder hogs met an improved demand at shaiplv higher prices Weaners to S5 higher Light feeders under 100 Ibs about stead> Heavs feeders over 100 Ibs generalls steads to 21 50 per head Light feeders under 100 Ibs 21'i to 29 50 per head Heavs feeders 100 to 130 Ibs S2b to 30 per head Heavs feeders over 130 Ibs S32 10 38 per head Light feeders under 100 Ibs sold from 36 to 42 50 cvU Heavy feeders over 100 Ibs sold from 2350 to 3450 csst Boars sold S45 to 115 per head Butcher hogs sold Mondav at the Lethbndge sards 3b 75 to 37 base price i loads of butcher hogs sold for export at S2811 to 29 live weight WINNIPEG (CP) Hapc'seed prices picked up at mid session on the Winnipeg Commodits Exchange todas but met little buver interest Rse which had opened unchanged advanced from llz lo cents in a sitmlarls light trade 1 lax prices continued mixed ranging from three rents higher lo 2J i cents lower with tew transactions Mondas s volume wjs gb5 000 bushels of flax 1 452 000 of rapeseed and 000 ol rve MID SESSION PRICES r lax Mas 3 higher 8 85B July 2Jj lower 8 17 Gel 2 lower 7 57B Nov 1 lower 7 36A DoHarvaliM MONTREAL (CP) -US dollar in terms of Canadian funds at noon today was down 1 100 at 11-50 Pound sterling as down 11 10 at Jl 67 100 In New York the Canadian dollar was up 1 100 at 02 43-50 Pound sterling was down 1 1-10 at 38 3 10 Chicago markets CHICAGO (AP) Silvei futures following the lead of gold prices and other precious metals declined sharplj on U S commodity exchanges Mondav In New York silver futures were down from 20 to 45 cents an ounce while m Chicago the fall was also 20 cents an ounce and the expiring April option svas down 55 cents an ounce at one time Copper futures fell up to 500 points while cocoa was down 200 points coffef 200 points and world sugar contracts 150 points Cotton futures were irregular and svool and orange juice futures adsanced Sojbean futures fell nearls the limit of 2fl' cents a bushel on the Board of Trade and sos bean meal and oil also svere lower Wheat corn and oats gained ground Limit gains were posted in live cattle and hog futures shell eggs and pork bellies on the Mercantile Exchange Cram quotes Mondas Mas 428 Jul 396 Sept 3 98 Dec 4 01 Corn May 2 52 Jul 2 54 Sept 2 49'z Dec 239'. Mar 243 Oats Mav 1 12'z Jul 1 14'z Sept 1 17' Dec 1 22 Mar 1 22'2 Rjpc'seed Vancouver Match unchanged 5 14B June 7 higher Sept S'ihlgherSWi'aB Nov 5'.- higher Jan highei 520'jB Rapeseed Thunder Bay Mav unchanged 5 bOB July '2 higher Oct J'i higher 5 44 Nov 'j higher 5 45'i Dec not open Rve Mav 4J, higher 2 47 July 3Ji Inghei 2 Jb'jfi Oct 1'j higher 2 2b'zB Dec not open Livestock Calgary CALGAHY (CP) Receipts to 11 a m Tuesdav from the Calgary public stockyards totalled about 950 head mosth slaughter steers Trade was active with a good demand Slaughter steers sold 50 cents to higher with sales to 47 20 Heifers were scarce selling sleadv Steer and heifer prices included beef quahu premium Cows were in the lower grades selling steads for quality with the odd good cow selling to 34 60 Steers Al and 2 4b to 47 10 AJ 45 to 46 Heifers Al and 2 44 to 45 40 A3 43 to 44 Cows D3 32 to 33 50 D4 27 to 31 50 There were insulficient replacement cattle or stock calves sold early to establish quotations Hogs fob to 11 am 80 cents to 80 lower with an average base price 36 75 Hog prlcaa EDMONTON (CP) Average prices to 11 a m Tuesdas provided by the Alberta Hog Producers Marketing Board Mondas prices in brackets Edmonton 3685 (37 811 (algarv 3675 13799) Lethbridge Nil (3702) tori Macleod Nil (36 15) Hops sold to 11 a m 540 lotal Mondav 11 9ab average 3764 Sows average 11 55 Sears Bike accessories some for safety, some just for fu Save 4" High-impact polyethylene bike baby seat reg. Sears exclusive bike baby earners a-Seat cradles child's body and puts weight over the centre rear wheel, for easy pedaling and balance control. Webbed safety belts zinc-plated steel frame, spoke guard helps protect child's feet Fits bikes with 26-27" wheels Bright Yellow Instructions mcl Sears SPORTS CENTRE WHERE THE NEW IDEAS ARE Save on tires and popular sizes. Play it yours now! tubes tires 139 -199 I ea Reg S159 ea Tube sizes 20 x 20 x 1 75" 20 x 2125 1 1 28 27 x 26 x 26 x 1 V4" 26 x 1 75' 24 x ea Reg S2 29 Blackwall tires 20 x 20 x 1 75' 27 x 26 x 24 x 28 x Also available at savings! 20 x 2 125 Blackwall tires Reg S3 79 each 27 x Gumwall tires for 10-speed racers Reg 99 each Plastic water bottle With cage drinking cup Holds 1 pint Reg S2 49 bb-6R 28995 Auto-travel bicycle caddy 14" Fit's most cars with 2 clearance bei body bumper Reg S1698 R 28714 Generator headhght- Mounting bracket mcl Reg 5649 set R 28100 Padded racing saddle 2" Save Si' Black vinyl coverffd Reg S3 99 g-6 R 28708 Save AM bike radio 14" Solid state Uses 3 C batteries Reg S1698 p-6 R 28146 Decal chime bike hoik Loud Chrome QQC platod Reg 99e each w-6 R 28527 Tape and plug set ic Witn brake lever grips plastic tape Reg 99e cc-6 R 28697 Steel mileage meter 99 1 Fits 20 wheels Reg S3 49 dd-6R 28821 4 Combination chain lock Save on vmyl covered 36 chain Reg S3 79 r-6 R 28710 Squeeze bulb 9" Chorme finish Hardware mcl Reg S1 99 x-6 R 28521 at Simpsons-Sears you get the finest guarantee satisfaction or money refunded and free delivery Simpsons-Sears Ltd. Save on bike speedometer 6" Shows speeds to 40 mph Records mileage Reg S799 t-6 R 28003 3" chrome plated mirror Mounlmg hardware mcl 3 diam Reg y-6 R 28512 Streamer handle grips 69' Assorted colours Reg 79c pair m-6 R 28624 Generator headlight Double-leg kick stand Chrome- plated steel JTits 20 wheel bikes Reg S3 49 1-6 R Centre Mall 13th Street 2nd Avenue North Open daily a.m. to p.m. Thursday a.m. to p.m. Closed Friday, April 12 Telephone 328-9231 The Herald- Business Stocks Miscellaneous Vancouver, Calgary, Montreal Midland Dougherty Limited WESTERN OILS AND MINES Afton 7 75 Albany Oil SB Alta East Gas 6 75 Almmex Asamera 1075 Ashland Oil BP Canada Brenda Mines 6 87Vi Cda South 4 40 Cdn Ex Gas 3 15 Cdn Homestd 6 Cdn Ind Gas Oil 900 Cdn Long Is 16 Cdn Super Chieltan Dev 9 Dome Pete 38 25 Dynasty 1050 Fort Re'iance 25 Giant Mascot 1 76 Gibraltar Mines 10 12V4 Granisle 1000 Gt Plains 2950 Gt Cdn Oil S 975 Lochiel Ex 2 49 Lytton Mm 1 40 Noble Mines 82 North Cdn Oil 4 85 Numac 1675 Pancdn Pete 1250 Pan Ocean 1287Vj Petrol 1 85 Pinnacle 41 Place Gas 41 Ponder 55 Ranger 38 37 A Scurry Rain 26 Seibens 1725 Spooner 35 Total Pete 8 75 Ulster Pete 1 22 United Canso West Pete 5 75 West Decalta 7 00 MISCELLANEOUS INDUSTRIES Acres Ltd 1000 Aquitame 28 75 BC Sugar C Pfd 1300 Block Bros 3 65 Cdn Pac Inv A Pld 33 50 Carlmg O Keete A Pfd 22 25 Carlmg O Keefe B Ffd 26 50 Comm Cap Corp 3 15 Crestbrook Ind 8 50 Crowsnest Ind 27 00 Falcon Copper 11 87 z F and M Trust 5 50 Genstar 19 Home A 50 50 Home B 47 62 Hud Bay Co 18 Hud Bay OH 43 00 Hud Bay A Pfd 50 Hugh Russell 75 00 Husky Oil 21 50 Husky Oil B Pfd 3750 Husky D War 5 50 Husky E Wa- 8 Interprov Pipe War 5 Inlerprov Steel 1637'z Kaiser Res 3 95 Kaiser Res War 1 91 Loblaw C Pfd 25 50 Magnasonics 3 00 Pacific Pete 28 25 Pac Wesl Air 8 25 Pe-Ben Oilfield Serv 5 50 Rainier Inc 3 Royal Trust 26 00 Sandwell 6 50 Teledyne Tnmac West Cdn Seed Westfield Mm Weston A Pfd White Yukon 430 675 400 1 28 5800 875 PIPELINE STOCKS Alta Gas Trk A 12 37'A Alta Gas Trk Ptd 63 25 Alta Nat Gas 1925 Gaz Metro 6 12V2 Gaz Metro A Pfd 64 00 Inland Nat Gas 1000 N and C Gas 1087Vi N and C B Pfd 21 50 Pacific Trans 10 75 Trans-Cda Pipe 32 12' z Trans Cda A Pfd 59 50 Trans Cda B Pfd 37 00 Trans Cda War 4 75 WC Trans 22 25 WC Trans War 3 30 CALGARY Acroll 52 Barons Oils 09 N Continental 02 Western Warner 42 VANCOUVER MINES Atlas Explorations 32 Bathurst Norsemmes 1 46 Dankoe 2 90 Davenport 80 Dolly Varden 34 Equitonal Res 13 Lornex 8 00 Northair Mines 3 40 Primer 08 Pyramid 12 Silver Standard 2 56 Valley Copper 7 75 INDUSTRIALS Columbia Brewing 2 80 Key Industries 12 Wardair 1 65 OILS August Petroleum 42 Plains Pete 21 Ponderay Explorations 95 Stampede Intl Res 77 MUTUAL FUNDS All Cdn Compound 6 20 6 74 All Cdn Dividend 650 706 All Cdn Ventures 3 35 3 64 Amer Growth Fund 4 43 4 87 AGF Special 231 Cdn Invest Fund 4 83 5 30 Collective Mutual 4 98 5 47 Comnwlth Inter 13 44 Comnwlth Leverage 3 18 Comnwlth Venture 5 84 5 88 Corp Investors 612 673 Corp Invest Stk Fd 467 513 Dreyfus Fund US 10 14 11 11 Great Pacific 4 62 5 04 Grp Income Shares 2 94 3 23 Growth Equity 7 15 786 Invest Growth Fund 1189 1299 Investors Mutual 5 68 6 21 Mutual Accum 599 658 Mutual Growth Fund 2 98 3 28 Nal Resources 4 73 S 20 NW Cdn 531 584 N W Growth 4 46 4 90 Principal Growth 4 33 4 75 Provident Mutual 7 31 7 S9 Royfund 6 76 7 03 Templeton Growth 7 70 8 43 United Accum 4 41 485 Universal Savings 7 86 8 64 Univest 574 631 Vanguard 5 81 6 37 Toronto industrials (Supplied by Richardson Securities of Canada) MINES Acme 12 Advocate Asb 1 32 Akailcho 2 35 Bralorne 1 70 Broulan 68 Bethlehem 1375 Bovis 1 78 Brunswick 5 25 Can NW Land 7 25 Canada Tung 335 Cassiar s 75 Central Pat 1 02 Chimo 1 09 Conwest 4 90 Cons Rambler 280 Com Lake 28 Cochenour 2 34 Craigmont 5 75 Dickenson Mines 9 Demson Mines 48 25 D Eldona 45 Dome Mines 171 00 Discovery Mines 2 45 East Malartic 8 00 East Sullivan 3 10 Falconbndge 58 25 Frobex 30 First Mantimes 66 Giant Y K Granduc 2 76 rlollmger 37 00 Hudson Bay 24 Hydra Ex 1 12 Iron Bay 4 40 Iso 1 71 Joliet Quebec 26 Kerr Addison 14 50 Key Anacon 32 Labrador 37 25 Lake Shore 6 Langis Silver 12 Madsen R L 2 91 Malartic G F 2 60 Martin McNeely 49 Msrclntyre 49 75 Meta 23 Midnm 18 Intern Mogul B 75 Nu Wesi Homes 1050 New Calumet Noranda 48 50 Northgate 7 50 Norlex 28 Pine Point 35 00 Placer Dev 22 00 Pax Exp 1 81 Quebec Man 24 Rayrock 1 45 Radiore 32 Rio Algom 31 00 Roman Corp 11 50 Sherntt Gordon 12 12Vi Steep Rock 1 97 Sunnmgdale 8 25 Tek Corp A 4 45 Texmont 26 United Canso Western Mines 3 05 WH Copper Mines 4 10 Wright Hargreaves 2 27 Willroy 1 75 Windfall 16 Yellowkmle Bear 4 30 Zenmac 09Vj INDUSTRIALS Abitibi 1225 Alcan 33 Algoma Steel 25 Atco Ind 17 Jarmach a i2Vz Agra Ind 8 75 Bell Tel 42 Brascan A 17 25 BC Tel 5700 Burns 1425 B C Forest 19 00 B C Sugar A 21 00 Bow Valley Ind 26 75 Cable 1375 CAE Ind 9 75 Carlmg O Keete 3 30 Chemcell 5627z Can Cellulose 6 50 Calgary Power 23 00 Coronation Credit 2 30 C W N Gas Pfd 9 00 Cdn Industries 1875 Cdn Marconi 3 45 Cdn Vckers 17 00 Chrysler 17 25 CPR Commco 30 Cons Bathurst 25 37 'z Cons Gas Dist Seagrams 41 25 Dominion Bridge 42 50 Domtar 25 25 Dom Textile Dom Stores 14 Dome Pete 38 37 Dotasco 31 00 Glendale Mo Homes 6 00 Gr Cdn Oil Sands 9 General Motors 48 75 Great Lakes Paper Gulf Oil Cda 34 50 Greyhound Lines 15 62Vz Hawker Sid 6 Hiram Walker 47 00 Huron Erie 25 50 Imperial Oil 39 75 Imasca 30 00 Int Nickel 33 75 Int Pipe 18 50 Inv Group A 7 75 IU Int 17 00 Indust Accept Kaps 4 25 Kelly Douglas A 5 25 Laurentide 9 50 Loeb 4 00 Loblaw A 6 00 Metropolitan Stores 13 25 Massey Ferguson 1750 McMillan Bloedell 30 Moore Corp 48 00 Molsons A 21 Moisons B 21 00 Nachurs 8 00 Northern Cent 11 00 Power Corp 1062V4 Price Co 14 25 Puyto 7 62Vi Rothmans 14 25 Shell CAD 18 62V4 Simpsons 8 Simpsons Sears 12 Steel of Can 31 00 Selkirk A 1250 Texaco 47 00 Traders Group A 13 50 Trans Mtn Pipe 14 75 Trans Can Pipe 32 Union Cdrbide 17 25 Union Gas 9 62va Union Oil 1300 United Siscoe 9 25 Versatile Mfg 37V4 Westeel 22 25 Weston s 23 50 Woodward s A 22 West Cdn Seed 385 Zenith Elec 2 70 New York (Supplied by Richardson Securities of Canada) Amr TiT 4862% Woolworth 17 37'-? Anaconda 25 75 Weslmghouse Elec 18 87Vi Beth Steel US Steel 4225 Chrysler 1775 Gen Tel Elec 2375 Comsat 34 50 TORONTO AVERAGES Oupont 17000 20 Industrials 21087 down 05 General Motors 5037V4 20 Golds 55959 UD 1720 Gulf 2237% 10 Base Metals 9686 up 1 11 Int Harvester 2675 15 Western Oils 25049 down 39 Kenn Copper 3937% Volume Montgomery Ward 23 50 NEW YORK AVERAGES Sears 82 25 20 Industrials 844 26 up 4 30 Exxon 20 Rails 182 64 up 81 Texas Gull 15 Utilities 8835 up 25 Texas Co 27 65 Stocks 265 74 up 121 Wix Corporation Volume 7 070 000 ;