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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 22, 1970, Lethbridge, Alberta K, ItTfl irrHMrDCI HOMO 27 III SIM'S V i: Big Money Turns To Mutual Funds Market Weakens In Early Trade TORONTO (CP) The To- nate stack market dropped starpky' IB Bgbt mid-morning traduce kaday. x, iadntriab feD 1.19 to 175 Mi a tow for 19W, western cents a share compared wrtft a oUi M to also a year cents in the similar period last earnings (Ms year was an- danged at 43. Hudson's Bay Oil- and Gas vas lap Vi to TV company said first-quarter profits were 27 cents a snare compared with 28 t, U9.C8, abo a year low and bate metals .15 to 111 Ji. Golds rose M to 157.75. Volume by 11 shares compared with at the aame time Tuesday. i IBM dropped 2 to M5. Xerox Corp. said Tneaday it had filed ail far infringeroeot of patent year. SHARPLY DOWN MONTREAL (CP) The Montreal' stock market was sharply knrer in all sectors ei eept banks in Kgbt early trading today. Senior and oils Unas Investments, nounced eamiags. of 4 certs a share, down from 14 cents as the similar period last year, was dm tt to 13. ALBERTA GAS DOWN Alberta Gas Trunk, which said H.plans further long-term financing; waVdowri H to t steady He- dim: and good feeder meetiae keea deinaad. Prices strong to 25 eats higher. 31.70 to S2; good 31 to 31.30; medium 29 to rsedium canner COM. Trade as' active. Slaugbter Hog Prices EDMONTON' (CP) Closing prices Tneaday provided by the Alberta Hog Producers Market int. Board: Quoted 21.75 bi M.JS, Average 29-00. Red Deer: Quoted 28.80 to CAPTAIN DROWNS Car tt tae CNR Jerry Patrick wu W tte aaJ elf al wkta tkdr ta CaM Wratt Waters all Cape BretM Islaai, N.S. Beef futures WINNIPEG (CP) Prices were steady ir, a fair vohune o( trade Tuesday on ttie Winnipeg live beef futures market Close Tues. Hay July Sep 32.00 31.65 30.70 30.60 29.60 29.70.29.80 Calgary: 'Quoted 29.35 to 30.65. Average 29.96. Lethbridge: Quoted 29.25 to 30.20. Average 28.53. Uoytkminster: Quoted 28JO to 28.65. Average 28.53. Grande Prairie: No market Total bogs sold, aver age 29.18. sows 26, aver age 23.00. Potato Prices WINNIPEG (CP) Trading was light and prices steady on the Maritime, potato futures market Tuesday. Oose Tues. 31. Good cows 23 to 23.70; me- dium 22 to 23; earners aad cut- ters 19 to 22. Good heavy feeder steers over 31.50 to 33; me- dium 28 to 31. Butcher bogs sold Wednesday f.o.b. Lethkridge 29.25 to 30.20 base price; sows dressed weight 23. Calgary Livestock CALGARY (CP) On offer to H a.m., about bead mostly slaughter steers rteers were 15 agher, heifers and cows were steady and no bulls were offer- ed. slaughter slews 31.75 to 32.40, good 30.50 to 31.50, me- dium 29 lo 30.25. Good to low choice heifers 29 to 30.70, me- dium 27.25 to 23.75. Good cows 23 to 23.80, medium 21.75 to 22.75, canners and cutters 19.50 to 21.50. Replacement cattle were mostly steers or rrore than 750 pounds selling at steadv prices. Good feeder steers more than 750 pounds 31 to 34. Good stock and feeder cows 21 to 24. In- sufficient stock calves offered, to establish a market. Good butcher weight calves 34 to 37. Hogs base price 29 to 29.45. Mixed good and choice lambs sold Tuesday at 31. MISCELLANEOUS QUOTATIONS Vancouver, Calgary, Montreal (Supplied by Doherty, Rowftouse and HcCuaig) Meat Exporting Brighten tlay NOT March 3.90 2.35 -2.65 2.35 2.65 were generally weak. The Associated Press 60-stock average was down 1.6 to 268.9. Parke, Davis, off 1H to 21H, I was the most-active issue on the New York Stock Exchange. The company reported tower first- Market 'But we do teve a sbie in] the sale of be said. LAST BID OR SALE i.m. >.m Ovrttj) WESTEKR OILS Lk Rye was .fractionally tower in a mostly local and cammis- saoa bouse trade with some ex- port inquiry on decooes. Barley: was fractionally rtroager but oata was inactive. Totallfutores' trading vohme Tuesday was rapeseed bntteti, flai and rye Mid-session Flax: May lower 2.WIA, July SVi tower Oct. tower Nov. 4V4 lower 2.76B..... Rapeseed: May 31V tower JJHiB, July tower 2.85H, Nov.' lower Jan. 414 tower 2.41K. Oats: May unchanged 74HA, Dec. not open. Bariey: May unchanged 1.07 V4A, July higher l.OSVjA, Oct Vi higher 1O3B, Dec. not open. Rye: May H'tower tower 1.0R4B, Oct H tower. Dec. unchanged LOSS.; .V Prices' for class two wheat for ixport to countries outside IGA: 1 Nor 1.79tt; 2 3 1.51H; 5 6 1 Durum 1.80H; 3 l.Ttfti; IGA prices: 1 Nor 1.79ft; 2 l.TSTi; 3 4 S 1 Du- rum 2 3 1.70V4; Gram quotes Tuesday (basis Kurt Ctote quarter earnings! Sun Oil was down to 42% EDMONTON (CP) Weekly after a tower earning' report. egg and poultry report issued by Standard Prudential, which the Alberta department of agrt- orjened at "off VI, an- culture: Douneed talks possi- to producers: A large Me.acquisitxin'of Levin-Town- s; A iradium 23; A small 18; 'B 19- C 12; Cracks 13. To re-' large 42-43; A medi- urr 37-38; A small 31-32; B 32-33; CJO-32; Cracks To consumers (in A large 44-50; A medium tost and Aleaa GranbyJ small 33-U. Poultry to producers live No. 1 chicken broilers, 21. Fowl under 12, 27; 12 to tend, which opened on the I American 'Stock ..Exchange at I Almlnex Ajmcrt Bluff can South Cdn Dtlhi-... Cdn E.p Gn Cdn Grijol Cdrt Home Cdn Ind GM Cdn Long It Cdn Super Cnl CM Rio Ctofftr chfeftan Dynam Gt Ptalnt Mill City New.Cont NumK Permo Petrol PinnKle i5.mi 125 Kam Kotla 373 Lake Or.t Pt 350 Mentor 21.75 13.00 4 SO 2.25 21.25 1.50 .10 On. 'the NYSE, Mernational Nickel was.oft Hudson Bay" Mining aad Distillers Seagrams 7'oo Pacific Pete 7.30 Rank Organ 50 Shell. Inv '71 Shell Inv PM n.avi 1075 Sicks' Ranler lao West Cdn Sd l'u White and Yuk ,'.71- CALOARV IK Acroll jtoo Anac Pete 1 u Barons IB North Conl Plains Pele -.35. j'o2 West Warner .'5 1 14 Leduc Cal......WV I M AAadbon.......20 Quinatta .06V S Rexdale.......M PIPELINE STOCKS 51.4M Ala. Gas Tr- A 2.51 Alia. Gts Tr. 70.00 Alta. Gai (Nat.) Inland Nat. Gas 11.1214 Growlh Equity 6.35 l.tl Grouped Income 3.34 3.U InvwlOT Gin 155 loTventure ru .73 Mutual Acorn. 4.M 5.40 7.C5 Mutual Gtti f 4.M. 5.13 1 27.55 Mutual Income 4.J1 5.37 Natural Re! 7.15 7.11 27.50 PrlnclMl GtS 4.47 1 Provident Mtl 7.07 Regent Fund .1.22 RoJrurid 5.34] United Accum. 5.03 DALI WORK MISSING HARTFORO, Com. (AP) A onaU wood-panel painting .by Salvadci: Dafi called Paranoiac Astral Image was missing Tuesday from a gallery devoted to surrealist art at the Wadsworth Atbeneum. The value of the paintiBg was esS- (M mated at by Peter 0 curate of the mu- WKNIPEG' future as a meat exporter could be bright if restraints affectmg livestock production are re- moved, Dr. G. A. .-McEacbern of Ottawa 'said Tuesday. One president of the Agricul- tural Economic Research Coun- cil of Canada toW Manitoba chicken producers meeting aere, Canadian meat product exports in the next five years would increase 'about 40 per cent if feed grain could be han- dled in a system of free trade. Marketing is important, Dr. McEacbern said, if Canada is to gain its share of increasing world poultry markets. -He noted Japan's poultry de- mand will increase 80 cen in the next five years while its demand for pork will climb 12 3er cent and beef 15 per cent. "Marketing is more impor- tant than he said. Dr. McEachern said pro- ducers must lake toe livestock ndustry "very seriously" to overcome an apparent growing tependence of Canada on other countries to fill its meat needs. VANCOUVia Antk Arctic Mining Belh. Semite Ridge Brock Brov Brende Brenmac REVELSTQKE'S GIGANTIC APRIL SALE ENDS APRIL 30th CASH ONLY DURING THIS SALE Mining was cp H. On the Scuiry Raiabflw 06, Jupiter Corp. md Canadian Javelin all V4. Molybdenite Canada was off 3-16. 18, over 18, 26. Live No. 2 Chicken broilers, 17V4. Tur- key under 12, 24; 12 to 18, 25V4; over 18, 24. Flax May' Jry Oct 2S2V4 285 May-. Jty -1 Nov.1: SJV4 2S5 2S2H 2KV'4 2SS 249W 244'i Oltl Mq Jry 74 Vi Oct Dec Barley May 107H 107ft Jry 107% Oct Ryt May Jly Oct Dec 106% M7H IMVi IOS 285 292 2S3V4 2t6Vi 74Vi 75 107 Vi 106 1MU 101% Oil Sands Reported Again TORONTO (CP) Great Ca- nadian Oil Sands Ltd., which is developing the oil sands at Fort. McHurray, reports a loss for the first quarter the year- on revenue of The tost for the first quarter of 1969 was on reve- nue of President Kenneth H e d d o n laid equipment problem? of late carried over into the new year and adversely affected induction during January. He said, Febru- ary and March prixractton im- proved to more than wreb of synthetic crude oil each month. Production for the quarter totalled bar- rels. Great Canadian, reported a 1999 tots of DIVIDENDS By THE CANADIAN PRESS Beaver Umber Ltd., common, 1214 cents; pfd., 35 cents; class A 25 cents, aH July 2, record June 10. Bams FoiM Ltd., 14 cents, June' 1, record May 15. OH Ltd., series A pfd., 75 cents, July 1, record May 1; series B pfd., 73 cents, June 30, record May 28. KeHy Donflai aad LU., class A cents, May 29, rec- ord May 8. Laareatide Fhunrial Ltd., pfd. 31 ti cents, June record May 11; pfd. 35 cents, June 30, record June 10; 3.00 pfd. 50 cents, June 30, record June 10. Capt. Inrer. Ranger PIPELINE STOCKS Churchill Scurry Rain Ala. Gas Tr- A coronation Crem Speoner 2.51 Alfa. Gts Tr. 70.00 cresrbrook..... Triad...... Alta. Ga! (Nat.) 21.W Croydan...... Wist Dec..... inland Nat. Gas f.tlVi Dolly Varden MISCELLANEOUS Nacrh, Central... Tl.TIV, Dynuty....... IMDUSTaiALS B 22.50 Futurity...... Agratec 1.58 Gaz Metro 4.50 Giant Mascot Aquataine 17.4SV4 Gaz Metro pH M.oo Granhle Brit Nfld..... 4.30 Trans'Can. Pipe 27.3714 Key Ind....... Cdn Brew A J1.00 Tms Cn Pipe 7.K.31.W Hy's......... Cdn Hyd Car 1337% Tram Can Pipe A 5500 Int. Brew..... Cdn Pec Inv SSBTVj Trans Can Pipe w 7.M Jerkhe CPH Pfd Westcoatt Trans '19.25 Kamloopt Craws Nest Ind 40.00 Western Pacific LorneK........7.70 CyoSl A MUTUAL FUKOS Lytton MtnS 170 400 A.G.F. Special 2.60 J.70 Mt. Wastllnshn .13 Gl Cdn Oil .430 All Cdn. Comp. t.li Madrona s. .35 Gt Cdn Oil Sd All Cdn. S.15 New Cronln-.....11 A 14.S2V4 All Cdn Venire 3.71 4.n New Imp. Mines. 2.72 Home B 14.75 Amer. F 5.54 Okanagan 3.50 Canada Growth 5.70 S.J6 Primer.........a 17I7VJ Cdn. Inv.-Fund 4.28 4.70 Pyramid.......M 5100, Collect. MTI t.a i.lf Silver Standard 2150 Commonwealth 13.11 T.C. Ex....... .42 10ITVi ComVeaim Lev 3.3S 1M Trojan 410- Corp. Investors 5.44 S.H western Mines 4M lit Dreyfirs F U.S. 11.01 12.07 weitcotlt Res .21 M 25 Federated Fin. 4.M 4.62 Western Expljra .X Horne and Pit Hud Bay Co Hud Bay Oil Hugh Rm PM Husky Oil Husky Oil war. Tnt Pro Plpa Utll Pfd In! Steel iXV, Federated Gth' 4.66 5.72 TORONTO MINES, INDUSTRIALS Supplied by Richardson Securities of Canada LAST BID OR SALE a.m. Quolesl a.m. Quoin) a.m. Net Earnings Dollar ValtM MONTREAL (CP) U.S. dol- lar in terms of Canadian funds up 1-32 to 9-32. Pound ster- NEW YORK Heirker SM H'.-ron, Erie Hiram Imperial Oil Imperial Tob Inl Nickel Ir.t Pipe Tnv Gn A Int Utilities Indus! Accept laurentUe Doug A 77.50 Ogilvk I4.I7W Pemblna Pp 13.75 Power Corp 7.75 Price Co..... 42.35 Rothrrans U.STVr Shell CDA 74.75 Simp Sears of Cdft 17.371.4 Selkirk A Texaco i rrt Gp A Trans Mtn Pp Trans can- Pp Union Gas Unlcn Oil Versatile-Mfg Westeel..... Union Car Weston'l B Woodward's A West Cth Sd Zenith SiNKS II Falconbridge Frobex....... First MarMmes 7.7S 1.35 10.25 11.00 J7.iO 7.TO 2J.25 6100 34.7S 16.25 17.75 25.00 23.3rA r. v 7.S7V4 Y-K ll.STVi Oorldriim 17.00 Gurinar'.. 26.E7Vi Grand-JC IBM Headway R.L. 75.75 Hollhaer Hud. Bay tt-S 14.75 Hydra Cv. 23.25 Highland >0.12'A Iron Bay 15.00 Iso JoM Quebec Kerr Addison Key Anacm 27.75 14.03 43.00 3.40 1150 Lake Short Leitch 22.00 Lancls Silver 17.37U Macissa 2.25 Madsen R.L. 70.1 Wl 1S.75 Can Imoe Mcr.lrcal 70.00 15 MINES Loblnr A Metro itorn Massev Fera McWlIn Blo< Con) A 14.75 15.25 10 HV) Acme 13 Advocate Asb, AValtcho Area Mines Belcner Irc41 Black Bay Bra'orr.e Broulan Bethlehem .Brunswick Canada Casslar -_ iral Pat. Chlmo Conwest Cons: Rambler Coin Late J6.75 Cocnenour Cra'tgmor.l Diclcenson Mine Denison Mines Deer Horn rcErdona Dome Dfnalda 10 7S 46 74.00 74.2S 7.15 1475 44.75 1S.OO U.tt. 14 4.25 7.00- 71.7! 1J.OO Dileovery Fnt Ma'artic 1S.7S EKI Sullivan Maclnlyre Nils Widrim Moa .10'A New Atfon New calumet .4? New Imperil! 3.40 M Northgate 2.n Oslsko .n Patino Pine Pobl 4.73 Piece- Oey. J.05 P.C. EJOJ Ravrock 3.00 Radiore 1.44 Rio Algcm 12.63V4 Roman Corp. 1.0( Sllverflikts .14 Shrrrm Gordon .ft Steea Rock 12.M Slscoe 2.M Tek Coro. 31.00 Texmom .ofW Uoper Canada HH'AWrWrl .24 Wlllroy 1.40 Windfall T.10 Yellcwknife Br. 4.75 NEW YORK STOCKS Supplied by Richardson Securities 'of Canada Amer. T. and T. Anaconda...... (eth. Steel Chrysler...... Comsat Int. Harvester Km. isw Oils i Slandi'd Oil H.J. S4.37Vi Volume Y 2700 TMONTO 4S Stoc HMVt JO irrfirtl IH-Ot ofl FIR PLYWOOD GOOD ONE SIDE o.i.s. 4.70. 4.20 6.95 9.25 5' WOODEN STEP LADDER f 6' WOODEN STEP LADDER 850 Haavy O SAU PRKE, EACH yaw tot. fHICI INDIAN PLANE MISSING NEW DELHI (Reuters) An Indian air force transport plane with 11 service personnel on xaid has been missing over northeastern India since April 18, the defence ministry an- nounced here. The ministry did not say- where exactly Ibe air- craft was missing in tile eastern sector, which covers the whole of northeast India, bordering on China, West Pakistan and Burma. FREE SHAG RAKER With Every SHAG CARPET PURCHASED OPEN THURS: p.m. REVELSTOfCE'S EXCLUSIVE CMHC APPROVED 9.00 Sq. Yd. SPECIA1, ONLY- STANDARD PINE PLYWOOD G.F. Martin We Hetty rVaybrun 4.32 APfll CASH AND CAW SPtClAl H" Rog. 4.40 Ana CASH AND CARftY SrtCIAt 2" GARBAGE CANS 2-CAN GARBAGE BOXES AR bvill and cooW and to OOtK WE SPECIAUZE IN WALL TO WAU BSSTAUATfONS! REVELSTOKE Building' Motarion Ud, COHNfll Of Jrd AND TTth STRHT SOOTH PHONE 327-5777 f rvin He tvcfcr ;