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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 10, 1970, Lethbridge, Alberta THf UTHMIOO1 HBAW 17 IN SIM A Livestock Market Slumps For Fifth Day TOR0OTO Pita. tte TcraMo Stock Exchange changed ing trtdjng today. The Wket has fatten in the laat live On.index UxUjr, industrials were down .06 to golds l.lf to 1S7-W and ban metals to 115.70. Western oils gained .2 to 133.23. Losses outnumbered gains 13 to with 190 issues unchanged. Volume by 11 a.m. was shares compared with at the same time Thursday. Nine of the 17 industrial com- ponents were higher, seven lower and one wac An group movement was frac- tional.' Seaway dropped 114 to 1314. Trading hi Seaway returned to a regular delivery basis. The exchange had restricted trading to a cash-basis only since Toes- day because of delivery prob- lems. the Levy -family- Toronto 1SS1.S, papers .19 to 111.61 and the composite SI to UO.K Banta were up to 178.94. Combined vohnne on the Montnai and Canadian Stock vat shires at -11 a.m. compared with at the same time Ttjurs- day. DJA OFT NEW YORK (AP) The stock-market with softness c out a broad area of turned mixed, througb- Kst in Lathbridgt Livestock (Supplied by Canada Department of Agriculture) On offer to 11 ajn. MO cattle and calves. Receipts mostly replacement cattle. Trade active. Good and choice butcher steers meeting good demand at steady prices. No choice butcher Heifers on offer. Good (fades steady. Cows steady at the week's lower level. The few replace- ment cattle told early looked about steady. Choice steers 31.S to 31.N; good 11.50 to M.T5; 28 to 30. Gold betters to 31; me- dium 2i tea. Good cows BJS to M; med- ium a to 23; earners sod cot- ters to 21. Good bulk 27 to a., Good heavy feeder stem 31 to 33; medium a to JO. Butcfaerbogs sold Thnaay f.o.b. Lethbridge 2S.W to base price. 237 hogs bought for export price converted to 23.50 live .weight m Use slaughter cattle sold with Thursday prices. Choice steers w 32.10, good 30.5ft to 31.50; medium 2) to 30; choice heifers 30.SO to good as to 30.15, med- ium 27.75 to a; good cows 23.5S to medium 2T2S to 23JS, canBers and to 22; good bulls 27.50 to 21. Replacement cattle and stock eahm met a good TORONTO MINES, INDUSTRIALS Supplied by Riehardsee Securities of Canada LAST BIO OR SALE i.m. Guctee) Frobex ........n First a.m. local do- man) at steady prices. Host rtnlarnnrt cattle were steers Good said it controlled 61 per. cent of Seaway's oatetanding stock and had requisitioned a special of shareholders in an attempt to remove Seaway's present board of directors. Walker-Gobderham was un- changed at4814. The company's six-mootb earnings increased to a share from in the similar period last year. BANKS STRONG MONTREAL (CP) Banks were the only strong point in a sluggish and dedining Montreal stock market, early today.. Sen- ior oils continued to weaken in light trading: Seaway Multi Corp. did not trade. Charter Industries {el to its yearly low of 2.00, off 75 cents, Cor the second tame this week. Charter has agreed to give con- trol of several wholly-owned subsidiaries to Audio Visual In- ternational Corp. Charter is to receive to be appSeii a ktan from Audio aot ahoot sbins