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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 19, 1973, Lethbridge, Alberta Thursday, April 19, 1973 THE LETHBRIDGE HERALD TSE prices up at mid-session TORONTO (CP) Led by gold issues, prices on the To- ronto stock market moved higher in moderate mid-morn- ing trading today. The gold index rose to a high for the year, up 2.04 to 254.63 The industrial index, considerec a major indicator of market trend, was up .34 to 223.98, base metals .46 to 103.78 and western oils .61 to 224.51. Volume by 11 am. was 000 shares compared with 558, 000 at the same time Wednes- day. General manufacturing, bev- erages, industrial mines and utilities were among sectors of the market recording gains while communication, banks, steel and paper and forest is- sues were lower. Advances outnumbered de- clines 126 to 87 while 1% issues remained unchanged. Canadian Corporate Manage- ment rose 1 to Leon's Fur- niture to Westeoast Transmission to Moore to and Home Oil to Laidlaw Motorways slipped to and Alliance Building to United Siscoe was ahead 30 cents to Rio Algom to Gibraltar Mines to North Canadian Oils 15 cents to and Canada Northwest 10 cents to Tara Exploration fell to Sherritt Gordon to and Skye. Resources five cents to MONTREAL (CP) -All sec- tors gamed in light trading on the Montreal stock market to- day. Industrials gained 1.23 to 244.67, the composite .91 to 231.06, utilities .22 to 153.93, banks .10 to 272.88 and capers 10 to 122.62. Battle Potato Beetles FOR AS LITTLE AS AN ACRE WITH GUTHrON Spray Concentrate Fast knockdown Long-lasting control Easy to use. Apply any time Colorado potato beetles hit, up to Zdays before harvest Saves money Order from your supplier now. to you and nature CHEWAGRO LIMITED 77 CiJy Centre Drive Mississaugua, OnJario On the Montreal Stock Ex- change, Redpath dropped 1 to and Scotts Restaurants 1 to while Texaco Canada gained 1 to and Noranda to On the Canadian Stock Ex- change, Fallinger gained 20 cents to on shares. NEW market YORK prices (AP) held Stock to their modest gams today but showed little inclination to rally further. The Dow ones average of 30 industrials at noon was up 3.54 at 961.85, little changed from a halMiour earlier, and advances led declines on the New York Stock Exchange by about two to one. Draft plans for world oil-importing countries EDWARD COWAN New Times Service WASHINGTON State de- partment officials, in consulta- tion with other foreign minis- tries, have been drafting plans for an international organiza- tion of oil-importing countries. Its principal members would be the United States, the European Economic Com- munity and Japan, with other countries free to join. Its principal purpose, as out- chronic shortages avoidance of "an lined by James E. Akins, the state department's senior ener- gy expert, would be "interna- tional allocation of the avail- able oil if occur" and international price war" in which importing nations would bid up prices. Akins foresees that the role of oil companies in negotiating prices with producing coun- tries "will be more limited than it is today." Livestock report Calgary livestock CALGARY (CP) Receipts at the Calgary Livestock mar- ket to 11 a.m. today totalled 450 head, mostly replacement cattle and cows. Trade was ac- tive. The few slaughter steers and heifers sold at steady prices. Cows were mostly lower grades at steady prices; bulls were steady with sales to 39.20. Al, A2, A3 steers 41 to 43.50. Al, A2, A3 heifers 39.50 to 41.10. Dl, D2 cows 33 to 34.10, D3 31.25 to 32.75, D4 27 to 31. Good bulls 3s to 38. Toronto mines, industrials (Supplied By Richardson Securities of Canada) LAST BID OR SALE i.m. GuotM) Quotes! MINES Acme Advocate Asb. Akaitcho Bralorne Broulan Bethlehem Brunswick Can. N.W. Land Canada Tung. Cassiar Central Pat. Chi mo Conwest Cons. Rambler Coin Lake Cochenour Craigmont Dickenson Mines Denison Mines Deer Horn Dome Mines Aldcna Discovery .Vjnes East Malartic East Sullivan Falconbridge Frobex First Giant Y.K. Bovis Granduc Hollinger Hudson Bay M-S Hydra Ex. Iron Bay ISO Joliet Quebec Kerr Addison Key Anacon Labrador Lake Shore Lanqis Silver Madsen R L. Malartic G.F. Martin McNeely Mactntyre Meta Midrim Intern Moaul Nu West Homes New Athona New Calumet W. Hcree Copper Noranda Norlex .IS 1.18 1.16 2.50 .35 14.25 4.75 6.75 1.85 11.35 1.25 1.30 -1.50 .23 .90 3.55 34.25 .23 M 81.00 .45 1.15 2.45 2.84 73.00 .27 .43 7.95 2.W 3.65 Osisko Pine 31.00 Grt Cdn Oil Placer Dev. 57.25 Gen Motors P.C. Exp. 3.10 Grt Lakes Pp Quebec Man Gulf Oil Cda Rayrock 1.22 Greyhound Radiore .32 -Hawker Sid Rio Algom J750 Hur Erie Roman Corp. 8.20 Hiram Walker Sherritt Gordon 17.25 Imp Oil Steep Rock Imasca Tek Corp. 3.75 Int Nickel Texmont .28 Int Pipe Upper Canada 2 91 Inv Grp A Western Mines 3.75 Int Util Wright Hargreaves 1-20 Ind Accept Wiliroy 1.TO Laurentide Windfall .10V4 Kelly Doug A Yellowknlfe Beef 3.90 Loeb Zenmac .07 Loblaw A INDUSTRIALS Met Stares Abitf Alcan Algoma Steel Atco Ind Atlantic Sugar Agra Ind Bell Tel Brazil Trae B.C. Tel Burns B.C. Forest B.C. Suqar Bow Val Ind 23.00 CAE Ind .23 Cdn Brew 3.80 Chemcell S.31 col Ceil Calgary Povw 1300 Coron Credit .25 C.W.N. Gas Pfd Cdn Ind 3.10 Cdn Marconi .06 Cdn Vtekers .72 Chrysler .92 C.P R. .30 Cominco S3 00 cons Bath .12Vi Cons Gas .15 Dist Seorams 14.25 Dom Bridge Domtsr Dom Textile Dom Stores Pete Dofasco cable U.oo .16 .24 3.75 51.50 6.20 .51 11.50 Massey Ferg McMillan Bloe 17.00 Moors Corp 11.75 Molsons A 750 Molsons 8 Nachurs 4325 North Cent 21.25 Power Corp 56.75 Price Co 18.12V4 Rothmans 36.50 St. Law Corp 2050 Shell CDA 32.50 Simpson's 11.25 Simp Sears 5.12'A Steel of Cda 455 Selkirk A 2.80 Texaco 2837V4 Traders Grp A 1.85 Trans Mtn Pp 11 00 Trans Cda Pp 17.7214 Union Gas 410 Union Oil 13.25 United Siscoe 3450 Versatile Mtg 18.00 Westeel 29.50 Union Carb 22.25 Weston's B Woodward's A 38.75 West Cdn Seed 3400 Zenith Elec 20.00 BANKS 8R7Vi Cdn I mo Montreal 38.00 Nova Scotia 26.50 Royal 17.3714 Tor-Dom 10.37'A 8.65 73.00 22.00 35.25 19.50 4.45 31.50 S2.25 42.00 24.25 26.37Vfc 11.75 26.25 18.50 12.59 7.25 4.30 662Vi S3.25 20.00 54.25 28.50 27.25 8.87V4 10.75 13.00 15.75 15.50 20.25 57.00 32.37'A 14.50 36.62'A 1612V2 59.75 19.25 22.87Vi 3800 16.25 8.30 6.62% 29.50 17.75 22.00 29.00 5.P7 2.70 31.7J 18.25 35.75 33.75 Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty, McCaaig limited) LAST BED OR SALE a.m. Quotes' a.m. Quotes) WESTERN OILS AND MINES Alfa East Gas Alminex Asamera Ashland BP Canada Brands Mines Can South Cdn Ex Gas Cdn Homestd Cdn Ind Gas Oil Cdn Lono Is Cdn Super Charter Chieftan Dome Pete Dwiasfv Ft Reliance Ginat Mascot Gt Plains Gt Cdn Oil S Lochiel Lvtton Min Noble Mines North Cdn Oils Numac Pancdn Pete Pan Ocean Pinnacle Place Gas Ponder Ranoer St'crrv Rain Crowsnesf Ind -_ Cygnus A 4TS Cygnus B Falcon Cooper 14 oo F and M Trust Genstar Home A Home 8 Hud Bay Co Hud Bay Oil Hud Bay A Pfd Hugh Russell Husky Oil Husky B Pfd Husky D War Husky E War Inter Prov Pipe Inler Prov Steel Kaiser Res Loblaw C Pfd Magnasonies PW Air Pe-Ben Oilfield Rainier tnc Royal Trust St. Maurice Cap 27 2S 7.7S 7.75 1400 a.m. Quotes) AGF Special 2M Cdn Invest Col Mutual Cmnw Inter Cmnw Lev 15.75 5.90 4.25 3.75 7.40 835 .22 5325 3.95 11.50 38.50 47.50 33 75 H no 9.75 3350 S.89 2.40 1.55 7 VI 16.00 14 no 17.25 .51 47.00 21.25 44.00 725 8.90 1050 14.25 3.10 30.00 12.75 7225 l.flO S'xxmer Total Ulster West Pete W. MISCELLANEOUS INDUSTRIES Acres Lid Aouitaine B C. St-oar f> Ptnck Bros Brinco Cdn Brew A Cdn Brew 8 PW Cdn Pacific In P 3000 Ind Teledyne west Cdn Seed Westfield Win vveston A Pfd White Yukon PIPE LINE STOCKS Alta Cas A 14.75 Alta Cas Pfd Alta Nat Gas inland Nat Gas N and C Gas N and C B P'd Pacific Trans Gaz Metro Gaz Metro A Trans Pipe IS Tr Od8 A Pfd Tr Cda B Pfd Tr Cda War we Trans WC Trans All Cdn Com A3! Cdn Divld All Cdn Vent Amr Gr F 27.25 5.29 5.SO 6.10 6 70 15.39 16.97 4.06 4.46 712W, Cmnw Vent 7.95 8.74 Corp Invest 6.41 7.04 Corp !n St F 5.37 5.90 Dreyfus F U.S. 11.98 13.13 Great Pacific 4.88 5.33 Gr In Shares 4.11 452 Gr Equity 8.60 9.45 Invest Gr F 12.83 14.03 Invest Mutual Mutual Ac Mutual Gr F Nat Res N W Cdn N W Gr Principal Gr Royfund Temp Gr United Ac universal 7-75 Univest 4.87'A Vanguard CALGARY 1.10 Acroll 375 Barons Oil Nortn Continental 58715 Western Warner 1.27 VANCOUVER 64.00 MINES Aflon Atlas Explor Bath Norse Croyden Dankoe Davenport Dally Varden Equitorial Res Primer Pyramid Silver standard Valley Ccoper INDUSTRIALS Capt Inler 1.70 ColumtJa Brew 3 25 Hys Key tndust 7 Aft ft 'Xt Albany Oils P'ains Pete 4 W 4 38 siamoede Jnft Res Western Explor 11.00 23.50 12.25 4 BO sa'oo 7200 4075 27S71J 6.03 6.59 6.96 3.92 4.32 8.20 8.96 5.74 6.31 542 5.96 4.86 5.34 7.03 7.32 9.46 10.30 5.41 5.95 S.26 9.OT 6.14 699 7.66 .54 -K .01 'i .35 8.15 .53 .80 .07 1.00 .54 .30 .20 .12 -IS .66 9.70 5.00 .32 1.10 .65 .07 Amr T T Anaconda Belt) New York stocks By Richardson Sranrities of OfpOT' C-M Gtilf Wtrvctftr Ward 73 75 2575 305P X-Son JOT 37' Gtfff 23 75 J4 4714 Texas Go 47 00 SO 75 Corp 173.35 WTOlWtffth 22 Elec 34.SO US. Steel 3475 Tel 7A75 TORONTO AVERAGES 70 s 70 Golds W) 50 Base We? TO.BS .73 JS W Oils 243 eft YORK AVERAGES 70 Sails 1WC1 oW .08 15 Utilities J09.3J op 45 Stocks 302 46 vp .71 Volttme roccssina an 'afatron JS. 1003 Avcmw S.r lethbridg. Tetephmw 32S-4426 roccsstti '3 Replacement cattle were mostly yearling steers meeting a good demand at steady pric- es. Stock calves were mostly steers weighing 400 to 575 pounds and a few heifers in the 400 to 500 pound range. Prices were steady. Good feeder steers 575 to 750 pounds 45 to 49, more than 750 pounds 40 to 45. Good feeder heifers 36 to 43.40. Good stock and feeder cows 27 to 33. Good stock steer calves more than 400 pounds 45 to 53. Good stock heifer calves more than 400 pounds 40 to 46. Officials in Britain and West Germany were reported to be inclined to such a joint ap- proach, with France and Italy ambivalent and Japan non- committal. There is also a good pros- pect of support in Congress. For example, in a recent speech Sen. Thomas J. Mcln- tyre, D-N.H., said that "banded together, we can bargain col- lectively for reasonable prices and reliable supply." President Nixon, according to various sources, will speak of a need for "international cooperation" in oil matters in the energy message he is ex- pected to send to Congress. The full meaning of that phrase remains to be worked Hog prices EDMONTON (CP) Aver- prices to 11 a.m. today pro- vided by the Alberta Hog Pro- ducers Marketing Board. Edmoston: 42.50, average Wednesday 43.07. Calgary: 41.90, average Wednesday 42.98. Lethbridge: Nil, average Wednesday 43.01. Fort Macleod: Nil, average Wednesday 43.00. CORRECTION The following unit which ran in yesterday's Wheat Centre Motors Ltd. ad should have read as follows: 1970 FORD FAIRLANE 500 out, according to well-placed sources, but at a minimum it implies "contingency planning" 'by North America, western Europe and Japan for sharing oil supplies in a time of serious shortage. Such sharing, offi- cials noted, was practiced in 1967 when the six-day Arab- Israeli war interrupted deliver- ies of Middle East crude oil. Economic specialists within Beef futures WINNIPEG (CP) Live beef futures close Tuesday. May 43.00A; Jly 42.85A; Sep 41.50A; Nov 40.50N. Tuesday's volume: Two con- tracts. the state department are di- vided as to whether the major Industrial powers could form a "buyers cartel" effec- tive enough to offset the price- raising ability of the Organiza- tion of Petroleum Export- ing Countries. That organiza- tion has been functioning as a monopolistic price setting in- stitution and it has succeeded in lifting crude-oil prices sig- nificantly in the past several years. Yet, even those who take a limited view of the potential of a "buyers cartel" acknow- ledge, as one official put it, that "consumers ought to some- how improve their bargaining position." The need for action towards ACORN POOLS NOW AVAILABLE in Lethbridge and Southern Alberta Puf summer fun in your own back yard Do-it-yourself or have it built way your Acorn Pool will give years of fun in the sun FOR MORE INFORMATION CONTACT STANLEY'S DISTRIBUTORS Box 665, COALHURST, ALBERTA PHONE 328-3402 that end was discussed In de- tail last week for the first tune by Ains, director of the state department's office of fuels and energy. Akins, who has spent several months helping to draft the president's energy mes- sage, addressed the production division of the American pet- roleum institute in Denver. New Volkswagens Only per month 2 year, warranty few Things In life Work At Well as a Volkswagen 797) Cortina Station Wagon Clean unit. 1970 Toyota 1900cc. A-l i unit 1971 VW Super Beetle Radio, gas heater RAEWOOD MOTORS LTD. VOLKSWAGEN PORSCHE AUDI Sales 3784539 3rd Ave. and 14th St. S. STORES SAVE NOW AT YOUR RADIALTIRE CENTRE! Corner 3rd Ave. and 8th St. S. Phone 327-8548 We make it easy to drive on Belts so good they're original equipment on 73 cars! Deluxe Champion SUP-R-BELT at far less than regular prices. Limited time offer. At these prices, it's really easy to move up to belted tire mileage, control and ride. Or to replace your worn-out belts with the ones now going on 1973 cars. The Firestone Sup-R-Belt is everything the name suggests. Polyester cord body for a nice smooth ride. Plus a double belt of strong fibreglass for long, long iniieaye. And good solid protection from impact damage. This kind of quality at this kind of price is sure to move fast. So make your move now. To your Firestone Store or participating Dealer. It would be a shame to miss out. A7S-13 Blatlcwall to fit many models of PINTO VEGA ASTRE S93 .INSTALLED C78-14, to fit many models of CHEVELLE TORINO VALIANT F7S-14, F78-15, G78-14, G7B-15 Btackwall lo fit many models of FORD CHEV. PLYMOUTH INSTALLED H7S-14, H78-15, J7S-15 Bbcfcvratl lo f ii many models of BUiCK OLDS. CHRYSLER INSTALLED INSTALLED WHTTEWALLS MORE PER TIRE CORRESPONDING SAVING ON ONE, TWO, OR THREE TIRES. JACKMCMJUMflnF ;