Lethbridge Herald, The (Newspaper) - April 27, 1973, Lethbridge, Alberta
Friday, April 27, 1973 THE UTHMIDOf HtRAlO Mid-session stock prices dip on TSE TORONTO (CP) Western oils posted some modest gains but prices on the Toronto stock market were generally lower in moderate mid-morning trading today. Advances outnumbered de- clines, 119 to 85, while 177 is- sues were unchanged. Food processing, merchandis- ing, steel and trust and loan stocks were among sectors of the market recording gams while bank, paper and forest, pipeline and utility stock were lower. ITT fell 3 to Great West Life 1% to and Trans Mountain Pipe 1% to Dome Pete rose to and Noranda to Canada Tungsten slipped 10 cents to and Quebec Mat- tagami 5% cents to 40% cents. Dynasty was up 20 cents to Francana gained to Livestock report Calgary livestock CALGARY (CP) Receipts from the Calgary public stock- yards to 11 a.m. today show sales of head, mostly re- placement cattle and calves. Trade was active. There were ins u f f i c ient slaughter steers or heifers on offer to establish quotations. Cows were mostly lower grade and sold steady. Cows Dl and 2 33.25 to 34.50, D3 31.25 to 33, D4 27 to 31. Replacement cattle were mostly yearling steers in the 576 to 750 pound weight range and yearling heifers weighing 600 to 700 pounds. Stock calves ware mostly in the 400 to 550 pound range. All classes of re- placement cattle and calves met a good local demand at fully steady prices. Good feeder steers 576 to 750 pounds 44 to 48, more than 750 pounds 40 to 44. Good feeder heifers more than 550 pounds 37 to 44 with the odd sale high- er. Good feeder cows 25 to 33. Good stock steer calves 400 to 575 pounds 44 to 50 with sales to 53, 300 to 400 pounds 49 to 56. Good stock heifer calves 400 to 550 pounds 42 to 47 with sales to 50, 300 to 400 pounds 44 to 48.50. Hogs fob Calgary average base price 41.85. Hog EDMONTON (CP) Aver- age price to 11 a.m. today pro- vided by the Alberta Hog Pro- ducers Marketing Board. Edmonton: No sales, aver- age Thursday 42.08. Red Deer: 41.50, average Thursday 41.70. Calgary: 41.85, a v e r a ge Thursday 41.95. Lethbridge: No sales, aver- age Thursday 42.58. Fort Macleod: No sales, av- erage Thursday 42.05. Total hogs sold to 11 a.m. 338, total sold Thursday average 42.JO. Sows average 35.00. while Pan Ocean lost to MONTREAL (CP) All sec- tors except industrials and the composite declined in moderate trading on the Montreal stock market today. Combined volume on the Mon- treal and Canadian stock ex- j changes at 11 a.m. was shares, compared with shares at the same time Thurs- day. Papers declined .53 to 119.73, banks .50 to 264.86 and utilities .44 to 156.19 while industrials gained .71 to 236.82 and the composite .36 to 224.23. On the Montreal Stock Ex- Readers Digest de- clined 1% to Credit Fonder 1 to and MacMillan Bloedel to while Francana gained 1 to and Melchers to On the Canadian Stock Ex- change, Panacan was up two cents to 40 cents on shares. NEW YORK (AP) Stock market prices plunged sharply today amid continuing in- flationary worries. The Dow Jones average of 30 industrials at neon was down 12.19 at 925.57. Declines led ad- vances on the New York Stock Exchange by 7 to 4. Among Canadians on the NYSE, Mclntyre was down 1 to Inco to Alcan Vs to and Hudson Bay Mining Va to Dome Mines rose to and Canadian Pacific Vs to On the Amex, Canadian Jave- lin lost Vs to Stock-fraud ring had Canada link Beef futures WINNIPEG (CP) Live beef futures close Thursday. May 42.55B: Jly 42.85; Sep 41.60B; Nov 40.60B. Wednesday's volurne: 14 con- tracts. TAMPA, Fla.