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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 18, 1974, Lethbridge, Alberta TIMjrMUy, April IB, UEinMmwuK ncrmww Tlu- Herald Business Stocks Miscellaneous Vancouver, Calgary, Montreal Midland Dougherty Limited WESTERN OILS AND MINES Alton Mines Albany Oil .52 Alta East Gas 7.25 Almlnex 6.50 Asamera 10.75 Ashland Oil BP Canada 14.75 Brenda Mines 6.75 Cda South 4.00 Cdn Ex Gas 3.30 Cdn Homestd Cdn Ind Gas Oil 8.50 Cdn Long Is ,18 Cdn Super 55.00 Chieflan Dev 8.75 Dome Pete 35.50 Dynasty 9.75 Fort Reliance .23 Giant Mascot 1.65 Gibraltar Mines 9.75 Granisle 9.75 Gt Plains 28.00 Gt Cdn Oil S 9.00 Lochiel Ex 2.30 Lytton Win 1.45 Noble Mines .75 North Cdn Oil 5.50 Numac Oil 15.75 Pancdn Pete 12.25 Pan Ocean 12.50 Petrol 1.85 Pinnacle .35 Place Gas .40 Ponder .55 Ranger Oil 39.50 Seibens 17.25 Spooner .34 Total Pete 9.00 Ulster Pete 1.35 United Canso 20.00 West Pete 5.50 West Decalta 6.75 MISCELLANEOUS INDUSTRIES Acres Ltd 9.75 Aquitaine 28.75 BC Sugar C Pfd 12.50 Block Bros 3.50 Cdn Pac Inv A Pld 32.25 Carling O'Keefe A Pld 22.12V, Carling O'Keefe B Pfd 25.25 Com Cap Corp 2.90 Crestbrook Ind 8.00 Crowsnest Ind 27.00 Falcon Copper 12.25 F and M Trust 5.00 Genstar 19.50 Hud Bay Co 17.62VZ Hud Bay Oil 42.50 Hud Bay A Pfd 50.00 Hugh Russell C Pfd 72.50 Husky Oil 21.00 Husky B Ptd 36.50 Husky D War 4.75 Husky E War 8.75 Interprov Pipe War 5.00 Interprov Steel Pipe 16.25 Kaiser Res 3.75 Kaiser Res War 1.70 Loblaw Co C Pfd 26.00 Magnasonics 2.55 Pacific Pete 27.00 Pac West Air Pe-Ben Oilfield Serv 7.00 Rainier Inc 3.75 Royal Trust Sandwell 6.50 Teledyne Trimac West Cdn Seed Westfieid Min Weston A Pfd White Yukon 4.30 7.00 3.80 1.20 56.00 8.5CT PIPELINE STOCKS Alia Gas Trk A Alta Gas Trk Pfd 63.25 Alta Nat Gas 18.50 Gaz Metro 5.87 V, inland Nat Gas N and C Gas 11.00 N and C B Pfd 21.75 Pacific Trans Trans-Cda Pipe 31.00 Trans-Cda A Pfd 57.62 Vi Trans-Cda B Pfd 36.50 Trans-Cda War 4.55 Westcoast Trans 22.00 Westcoast Trans War 3 15 CALGARY Acroll .46% Barons Oils .09 N. Continental .02 Western Warner .30 VANCOUVER MINES Atlas Explorations .34 Bathurst Norsemines 1.35 Dankoe 2.75 Davenport .73 Dolly Varden .36 Equitorial Res. .15 Lornex 8.75 Nprthair Mines 2.78 Primer .07 Pyramid .10 Silver Standard 2.50 Valley Copper 7.00 INDUSTRIALS Columbia Brewing 2.65 Key Industries .10 Wardair 1.90 OILS August Petroleum .36 Plains Pete. Ponderay Explorations .92 Stampede Int'l. Res .76 MUTUAL FUNDS All Cdn. Compound 6.13 6.66 All Cdn. Dividend 6.43 6.99 All Cdn. Ventures 3.30 3.5S Amer Growth Fund 4.55 5.00 A.G.F. Special 2.39 Cdn. Invest Fund 4.73 5.19 Collective Mutual 4.94 5.42 Comnwlth Inter. 13.51 Comnwlth Leverage 3.18 Comnwlth Venture 5.81 Corp. Investors 6.00 6.59 Corp. Invest Stk Fund 4.61 5.07 Dreyfus Fund U.S. 10.07 11.04 Grp Income Shares 2.90 3.19 Growth Equity 6.86 7.54 Invest Growth Fund 11.59 12.66 Investors Mutual 5.56 6.08 Mutual Accum 5.90 6.49 Mutual Growth Fund 3.01 3.31 Nat. Resources 4.62 5.03 N.W. Cnd. 5.23 5.75 N.W. Growth 4.59 5.04 Principal Growth 4.20 4.61 Royfund 6.52 6.79 Templeton Growth 7.63 8.36 United Accum 4.38 4.81 Universal Savings 7.77 8.55 Unlvest 5.64 6.20 Vanguard 5.82 6.38 Toronto mines, industrials (Supplied By Richardson Securities of Canada) MiNES Acme Advocate Asb. Akaitcho Bralorne Broulan Bethlehem Bovis Brunswick Can. NW Land Canada Tung. Cassiar Central Pat. Chimo Conwest Cons. Rambler Coin Lake Cochenour Craigmont Dickenson Mines Denison Mines D'Eldona Dome Mines Discovery Mines East Malartic East Sullivan Falconbridge Frobex First Maritimes Giant Y.K. Granduc Hollinger Hudson Bay Hydra Ex. Iron Bay ISO Joliet Quebec Kerr Addison Key Anacon Labrador Lake Shore Langis Silver Madsen R.L. Malartic G.F. Martin McNeely Maclntyre Meta Midrim Intern Mogul Nu West Homes New Aihona New Calumet Noranda Northgate Norlex Pine Point Placer Dev. Pax Exp. Quebec Man Rayrock Radiore Rio Algom Roman Corp. Sherrilt Gordon Steep Rock Sunningdale Tek Corp. A Texmont United Canso Western Mines WH Copper Mines Wright Hargreaves Willroy Windfall Yellowknife Bear Zenmac INDUSTRIALS Abilibi Alcan Algoma Steel Atco Ind Jannock Agra Ind Bell Tel Brascan A Tel Forest Sugar A Valley Ind Ind O'Keete Cellulose Power Credit Gas Pfd Ind Marconi Vickers Bathurst Gas Seagrams Bridge Textile Stores Pete Mobile Cdn Oil Motors Lakes Paper Oil Sid Walker Erie Oil Nickel Pipe Grp A Int'l Accept Douglas A A Ferg .31 Bloed Corp A B Cent Corp Co 30.62 CDA Sears Can A Grp A Mtn Pipe Can Pipe Carbide Gas Oil Siscoe Mfg A Cdn Seed 34.87 Elec Imperial Scotia 16.62 Dom 57.00 13.62% 18.25 21.00 25.50 13.50 9.50 3.20 6.37% 23.00 2.30 9.00 1B.12VJ 3.30 20.00 16.75 15.62% 29.00 25.37% 15.75 40.25 41.75 24.87% 11.50 13.75 35.50 30.37% 5.25 8.87% 48.00 24.00 34.12% 16.00 6.25 46.25 23.12% 39.00 29.87% 32.37% 18.25 7.75 16.00 17.00 3.50 5.25 9.50 3.75 6.00 13.25 18.25 47.75 22.50 21.50 8.00 11.00 11.25 14.50 7.12% 13.37% 17.62% 7.75 11.50 30.50 12.62% 46.50 14.37% 31.00 17.75 9.12% 8.62% 7.00 21.75 23.12% 22.00 3.80 3.00 28.75 18.50 35.75 39.00 New York (Supplied by Rlchardion Securities of Caudal Amr. T T 49.12% WoblwOrth 17.87% Anaconda 28.12Vi Westinghouse Elec 20.50 Beth Steel 33 87% US Steel 43.25 Chrysler 17.50 Gen Tel Elec 24.12% Comsat 33.87% TORONTO AVERAGES Dupont 176.12% 20 Industrials 208.11 up .35 Gnneral Motors 49.75 20 Golds 511.61 up .10 Gulf 22.25 10 Base Metals 93.71 down .14 Int. Harvester 27.25 15 Western Oils 241.73 up 1.53 Kenn Copper 4025 Volume Montgomery Ward 25.50 NEW YORK AVERAGES Sears 83.00 20 Industrials 866.55 down .86 Exxon 20 Rails 185.70 up .38 Texas Gull 2937% 15 Utilities 87.23 unchanged Texas Co 27.75 65 Slocks 270.52 down .01 Wix Corporation 13.50 Volume Fractional gain in prices made in light TSE trade TORONTO (CP) The To- ronto stock market was frac- tionally higher in light mid- morning trading today. The industrial index, widely-based indicator of market trend, was up .15 to 207.91, golds .77 to 512.28 and western oils 1.44 to 241.64. Base metals fell .05 to 93.80. Advances led declines 135 to 124 with 190 issues unchanged. Market trends MONTREAL (CP) Prices were mixed in light trading on the Montreal Stock Exchange today. Volume at 11 a.m. was shares, compared with shares at the same time Wednesday. The industrial index rose .74 to 231.00. utilities .58 to 140.06 and the composite .56 to 217.43 while banks fell .88 to 272.76 and papers .10 to 127.80. Northern Electric rose to Banque d'Epargne to Moore Corp. Vi to and Argus "2 to while Quebecor fell to Among speculative issues, Quebec Explorers rose two cents to 94 cents dp a volume of shares traded. VANCOUVER (CP) Prices were mixed in light trading on the Vancouver Stock Exchange Wednesday. Total volume was 1.444.343 shares. In the industrials, Key Industries was down .01 at .11 on shares. Delta Hotels was up .25 at on shares. Newmarlt Resources was down Winnipeg grain WINNIPEG (CP) Flax and Vancouver rapeseed prices improved considerably by mid-session on the Winnipeg Commodity Exchange in a flurry of active trading. Thunder Bay Rapeseed also posted slight advances on increased buyer demand, but traded only in the November futures. Rye remained slightly off previous close levels in an easier trade. Wednesday's trading volume was bushels of flax, of rapeseed and of rye. Mid-session prices: Flax: May 5Vi lower 9.25B; July 10 higher 8.60B; Oct. 9 higher 8.00; Nov. 10 higher 7.64B. Rapeseed Vancouver: June 8 higher 6.28B; Sept, 10 higher 6.06; Nov. 7 higher 5.85B; Jan. 9 higher 5.59B. Rapeseed Thunder Bay: May 7 lower 5.92B; July 1 higher 5.88B; Oct. 2 higher 5.88B: Nov. 3V, higher 5.81A, Dec. 15 lower 5.65A. Rye: May 5 lower 2A7VtB; July 4Vj lower 2AOVtB, Oct. 4% lower Dec. 6 lower 2.33A. Grain quotes Wednesday basis Lakehcad: High Low Close FUx May 930 918 Jly 864 848 850 Oct 804 791 791 Nov 760 754 754 Rapeseed Vancouver Jun 632 620 Sep 606 594 596 Nov 592 580Vz 578 Jan 563 550V-1 550 Rapeseed Thunder Bay May 599 Jly 587 Oct 586 Nov 577 Vj Dec 580 Rye May 255 252 252% Jly' 247'.z 244 245 Oct 243 241V2 243 Dec 241 239 239 Livestock Calgary CALGARY (CP) Thursday's receipts to 11 a.m. Thursday from the Calgary public stockyards totalled about 706 head, mostly slaughter steers. Trading was generally active. Slaughter steers sold fully steady. Heifers and cows met a good demand at strong prices. Slaughter steers and heifer prices include the beef quality premium. There were no bu'ls in early sales. Steers Al, to 52. to 50. Heifers, Al, A2-50 to 52, to 50. Cows Dl. to 36.50. to 35. D4-28 to 32.50. There were no feeder cattle or calves in the early sales. Hogs base price was 36.75. Hog prlcee EDMONTON (CP) Average prices to 11 a.m. Thursday provided by the Alberta Hog Producers Marketing Board. Wednesday prices in brackets: Edmonton: 37.25 (39.061. Calgary: 36.75 Red Deer: 37.25 Lethbridge: Nil Fort Macleod: Nil Hogs sold to 11 a.m. 305, total Wednesday 6.350. average 38.91. Sows average 26.80. Currencies MONTREAL (CP) Thursday's mid-day foreign exchange selling rates supplied by the Bank of Montreal: Bermuda dollar 1.02 France fane .2020 Germany mark .3835 Italy lira .001555 Japan yen .003550 Mexico peso .0800 Switzerland franc .3220 United States dollar .9720 United Kingdom pound 2.32 U.S.S.R. ruble 1.2523 Quotations in Canadian funds. By THE CANADIAN PRESS British Columbia Packers Ltd year ended Dec. 31: 1973, a share: 1972. Canada Permanent Mortgage Corp.. three months ended March 31: 1974. 39.3 cents a share; 1973, 44.1 cents. Consumers Distributing Co. Ltd., year ended Dec. 31: 1973, 78 cenls a share; 1972, 75 cents. Dale-Ross Moldings Ltd., year ended Dec. 31: 1973, 56 cents a share; 1972. 48 cents. [tension Mines Ltd., three month ended March 31: 1974, 51 cents a share; 1973, 36 cents. Foodex .Systems .Ltd., ycarcndod Doc. 31: 1973, cents a share; 1972, 25 cents. .01 at SI.20 on shares. Computrex was at .41 on shares. B.C. Sugar A was at and Captain International was up .03 at .40. In the mines. Consolidated Fortune Channel was down .01 at .39 on shares. Norlhair was down .20 at on 51.420 shares. Spectroair was down one-half cent at .18V4 on shares, Sabina Industries was at .85 on shares. Cutlass was up .16 at and Coralta was up .05 at On the oils board, Vargas Mines was down .01 at .11 on shares. Cop-Ex mining was up -04'2 at .45 on shares. Payette River was up .04 at .35 on 24.500 shares, Payetle Warrants A were at .18 on 12.000 shares, Davenport was down .02 at .76 and Bison Petroleum was up .60 at NEW YORK (AP) The stock market returned to a sluggish, drifting pattern today as a two-day rally ran out of steam. The noon Dow Jones average of 30 industrials was down 1.64 at 865.77 but gains and losses were about even in light trading on the New York Stock Exchange. Oils were generally fractionally higher. Golds also gained, but other metals issues declined. Autos and most retail stocks were also lower. The NYSE's composite index of all its listed common stocks was down .03 to 50.21 at midday. Among Canadian issues listed on the New York exchange, Alcan was up to CP Ltd. to Dome Mines to and Walkers to Inco lost Vi to Volume by 11 a.m. was shares, down from at the same time Wednesday. Trading was halted at the open in shares of Scurry-Rain- bow and of Home Oil, pending a release of information. Home A closed Wednesday at and Scurry-Rainbow at Vz. Husky Oil rose IV. to Fields Stores to Power Corp. to Molson A Vz to and Dominion Textile to Texaco Canada fell 1 to Consumers Distributing to and MICC Investments to Pine Point gained to Camflo Mines to and Falconbridge Copper V4 to Gibraltar Mines lost to Agnico- Eagle Vi to and Dickenson V4 to Ranger Canada added to Sunningdale to and Canadian Export 15 cents to Canadian Superior dropped to Metals LONDON (AP) Closing metals bid-ask in pounds sterling a metric ton; silver in pence a troy ounce: futures futures 3 395- 287.5-288.5; futures 295.5- 296 728-730; futures 691-692 Silver-Spot 196-197; 3 months 203- 204 Chicago markets Promoted President Nixon Wed- nesday named John C. Sawhill (above) new fed- eral .energy chief. He suc- ceeds William E. Simon who was chosen to be secretary of treasury. Dividends By THE CANADIAN PRESS Dividends are quarterly unless otherwise noted. Bank of Montreal, 24 cents, June 1, record April 30. First City Financial Corp. Ltd., 8 cents, serai-annual, increase of 3 cents. May IS, record April 30. Stuart House International Ltd.. 6- per-cent pfd. series A, 12 cents, May 1, record April 17. Tele-Capital Ltd., class A, 7 cents, increase of 1 cent. May 15, record April 30. Tenneco Inc., 36 cents, U.S. funds, June 11. record May 17. CHICAGO (AP) Prices on most major commodity markets in the United Stales declined or closed on irregular tones Wednesday. Silver, a major exception, advanced nearly 15 cents an ounce valint MONTREAL (CP) U.S. dollar in terms of Canadian funds at noon today was down 3-25 at 6-25. Pound sterling was down 1-10 at 2-5. In New York, the Canadian dollar was up 13-100 at 47-100. Pound sterling was up 23-100 at 19-50. Qold futures WINNIPEG (CP) Gold fuNres, U.S. funds. Winnipeg Commodity Exchange close Wednesday Apr 74 166.40B; July 74 170.60B; Oct 74 177.40B; Jan 75 184.40A; Apr 75 191.90A. Tuesday's volume: 171 contracts. Beef futures WINNIPEG (CP) Live bee' utures close Wednesday. May 53.80; July 55.00; Sept 55.00A; Nov. 55.25A. Tuesday's volume: Six contracts. Cocoa, copper, coffee and world jugar futures also advanced, but wool frozen orange juice and Maine poUW futures declined. Wheat futures fell 17 cents a bushel on the Board of Trade, and corn. oals. soybeans and soybean meal also closed lower. Soya oil was generally mixed On the Mercantile Exchange, live cattle prices closed higher, but Ir.'e hogs and pork bellies were mixed shell eggs declined Selling of grain futures wan associated by dealers with trade talk that this season'5 L'.S. government in farm product exports probably will not be reached. At the close on the Board of Trade. Chicago, wheat futures were six to 17 cents a bushel lower. May 4.19, Gulf hard red eight to 10 lower, corn to three lower. May 2.61 "2; oats two lower to one higher. May 1.21; and soybeans two lower to four higher. May 5.54 Grain quotations Wednesday. Wheat: May 4.18; Jul 4.05: Sep 4.07; Dec 4.12: Mar 4.15. Corn: May Jul 2.63'i: Sep 2.57: Dec Mar Oats: May 1.21: Jul 1.22'i; Sep 1.24: Dec Mar 1.30'i. Gold prices LONDON (AP) Closing gold prices in U.S. dollars an ounce: London 170.00 Paris Closed Frankfurt 169.87 Zurich 17.1.00 Hong Kong 165.87 Beirut 5.443 a kilo. r. roccssmg Qt 1003 4th South, Lvthbrldgt 328-4426 ervices DATSUN SPIN AMD WIN! Test drive a Datsun and win fabulous prizes! 1974 DATSUN 610 HARDTOP Much more than just a luxury car Dotsun delivers 10 FREE 610's! Once a week for 10 weeks some lucky Datsun test driver will win a luxurious new Datsun 610 2-doorHardtop. It's a top per- forming 5-passenger car with the famous rally-tested Datsun engine. And it could be yours FREE, just for taking a spin in the Datsun of your choice. Datsun delivers FREE Watches! And you could win a sporty new Datsun "Steering Wheel" wrist watch, Swiss-made with style and precision. We're awarding 100 a week for 10 weeks. And you are eligible to win just by visiting your nearest Datsun dealer and taking a test drive. Datsun delivers an 'extra special bonus! The Superb New Datsun At the end of Datsun's exciting 10-week "Spin and lucky person will win the new Datsun 260Z 2 J 2, the 4-passenger sports car that debuts this spring. Its futuristic design and structure make this the car you will want to call your own. So take a Datsun for a could win. Datsun delivers... and here's how it works! When you test drive a Datsun, you can enteryourname in the big Datsun "Spin and Win'.'Then, every week for 10 weeks, 101 winners will be determined.The first prize winner will receive a new 1974 Datsun 610 Hardtop! The next 100 winners will get beautiful new Datsun "Steering Dalsun's "Spin and Win" closes June 29th, 1974. F'.il! devils -TV.nibble vour Dalsun dealer. 5- Wheel" wnst watches.The first week's winners will be determined by the judging organiza- tion from all entries re- ceived from Datsun dealerships as of the w.eek.of April 22nd, 1974. At the conclusion of Datsun's "Spin and one additional winner will be determined from all entries received. This winner will drive home the super Datsun 260Z 2'-f 2! Datsun delivers... five great models to choose from! 620 Si-'or'. Whetheryou're 710 looking for economy. performance, luxury or the total sports car, Datsun wraps it all up beautifully and delivers it.There's B210 economy, 710 performance, 610 luxury, 620 Sportruck toughness. And 260Z sportsmanship in two and four passenger versions.There's the style you want...hatchback, hardtop, sedan or wagon.Take a test drive soon. Wilh-all these prizes being awarded by Datsun, you'll be making sure you're eligible to win. DATSUN All you really need is a Datsun. Foreign Car (Lethbridge) Ltd 1102-3rd Ave. South, Lethbridge, Alberta Tel: 328-9651 ;