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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 29, 1974, Lethbridge, Alberta Monday, April zv, THE LETHBHIDOE Industry index climbs on TSE TORONTO (CP) Prices on the Toronto stock market were mixed in light mid- morning trading today. The industrial index, widelybased indicator of market trend, was up .08 to 197.76. Golds fell .05 to 473.99, base metals .23 to 89.66 and western oils .30 to 219.88. Volume by 11 a.m. was shares, down from at the same time Friday. Advances outnumbered de- clines 123 to 116 with 127 issues unchanged. Trading was halted at the open in shares of Delta Hotels at the request of the company, pending a release of informa- tion. The shares closed pre- viously at 12.90. Banister Continental rose Vz to Royal Bank Vi to Stelco Vz to Cominco to and Walker-Gooderham A Vt to Bell Canada fell Vz to Victoria and Grey to Andres Wines Vt to Vi and Cooper of Canada Vt to Quebec Sturgeon lost to Lake Shore Mines Vt to and Agnico-Eagle Vt to Roman Corp. gained to and East Malartic Vt to Pan Ocean was off to Ranger MJ to and Total Pete Vs to United Canso increased Vs to Market trends MONTREAL (CP) Prices were mixed in lighl trading on the Montreal Stock Exchange today. Volume at 11 a.m. was shares, compared with at the same time Friday Industrials rose 52 lo 219 47, papers .15 to '.22 40 and the composite 13 to 206 46 while banks fell .94 to 257 80 and utilities 63 to 133.07. Toronto-Dominion [ell to Bell Canada 34 to and Corpex to while Russel rose 'z Husky Oil to Among speculative issues, Tagami Mines rose 2'z cents to 20 cents on a volume of shares traded VANCOUVER (CPt Prices were up in light trading on the Vancouver Stock Exchange Friday Volume was shares In the industrials, Captain International was up 03 at .40 on 7.500 shares Newmark Industries was down 05 at 15 on shares Canterra was up 01 at .41 on shares, and Block Brothers was unchanged at 50 on 3.650 shares EDP Industries was unchanged at 16 and Cornat was unchanged at In the mines, Henrietta was up 05 at 22 on 91 500 shdres. Consolidated Fortune Channel was up .04 at 34 on 63.700 shares iNorlhair was up 17 at 97 on 47.250 shares, and Celtic was up 02 at IB on 46 500 shares Pinnacle was up 01 at 21 and Consolidated Coast Silver was up .01 at 40 In the oils, Seneca Developments was up 02 at 13 on shares Rose Pass was up 03 at 40 on shares Cop-Ex Mining was down 02 at on 8000 shares, Vargas Mines was up 01 at 11 on shares. Payette was down .02 ut 32 and Delta Petroleum was unchanged at .15 NEW YORK (AP) The stock market drifted in a mixed pattern today as a technical rally that began Fiiday quickly played itself out. The 11 30 a m Dow Jones average of 30 industrials was down 6 10 at 828 54. although advancing issues hung onto a slim lead over declines on the New York Stock Exchange Among Canadian issues. Dome Mines was up JJ to Hiram Walker J> to Mclntyre 'A to Massey Ferguson i to Seagrams to Hudson Bay dropped 'a to International Nickel 'A to S31Jj Canadian Pacific was unchanged at One contributor to the Dow's drop was Eastman Kodak down at Charter Co.. which reported first- quarter per-share profits of 55 compared with 61 cents in the like period a year earlier, was up 1'j at 32' i after a delayed opening Trans World Airlines was the NYSE s most active issue, down at 10 Chrysler which listed a first-quarter profit of only 3 cents a share, about in line with expectations, held steady at 165H Most golds gave ground, but Dome Mines managed a Vz-point gam to 157. The company reported sharply higher quarterly earnings and raised its divi- dend On the American Stock Exchange, Synlex was the volume leader, down at 47'i Ranger gained at Imperial Oil i at The Amex's 11 a m market-value index was up 24 Livestock Calgary Hog prices CALGARY (CP) Receipts to U a m today from the Calgary public stockyards totalled about 225 head, mostly slaughter cattle Trading was dull on steers and moderately active on cows. Slaughter steers met a narrow demand at prices steady with last week's close, considering the change in the government's beef quality premium which is included in quotations There were insufficient heifers on offer to establish a market Cows sold to lower, bulls lower Steers A1-A1 49 50 Cows D1-D2 33 50-35. D3 30.50-35, D4 2550 Bulls good 36-39 Replacement cattle were mostly yearling heifers meeting a good demand at steady prices Good feeder heifers over 600 pounds 38-43 40 Hogs FOB Calgary to 11 am average base price 37 25 Preliminary slaughter figures week ending April 27 Alberta hogs beef Canada hogs beef 63.879 EDMONTON (CP) Average prices to 11 am provided by the Alberta hog producers marketing board. Friday's prices in brackets EDMONTON. 37 25 (36 Calgary. 37 25 (38 Red Deer 37 25 (3829) Hogs sold to 11 am hogs sold Friday 3 054 average 38 26. sows average 25 75 Metals LONDON (API Closing metals bid-ask in pounds sterling a metric ton silver in pence a troy ounce. futures 245 futures 29650-29750; futures 303-303 50 785-790, futures 743-745 2275-2285, 3 months 237-237 5 DoHar MONTREAL (CP) -US dollar in terms of Canadian funds at noon today was down 3-25 at 7-50 Pound sterling up 17-50 at 34. In New York, the Canadian dollar was up 7-50 at Pound sterling was up 1 7-10 at 43 2-5 By THE CANADIAN PRESS Abitibi Paper Co. Ltd., three months ended March 31 1974, 65 cents a share. 1973 21 cents Bovis Corp. Ltd., ..threemonths ended March 31 1974, profit 1973. loss. Canron Ltd., three months ended March 31 1974, 71 cents a share 1973. 7 cents Celancsc Canada Ltd., three months ended March 31 1973. 25 centsash.irc. 1973. 9 cents Cominco Ltd., three months ended March 31. 1974, million. a share. 1973, 3 million, 49 cents Dominion Foundries and Steel Ltd., three months ended March 31- 1974, 10 a share, 1973. 80 cents. Falconbrldgc Nickel Mines Ltd., three months ended March 31- 1974 a share; 1973. 65 Gulf Oil Canada Ltd., three months ended March .11. 1974, 8 million, 92 rents a share. 1973, 8 million, 46 cents Investors Group, three months ended March 31- 1974, .12 cents a share. 1973. 24 cents PanCanadian Petroleum Ltd., 26 cents, June 1.1, record May 24 Scythes and Co. Ltd., 20 cents, June 1, record May 12 Winnipeg grain WINNIPEG (CP) Futures activity continued light through mid- session today at the Winnipeg Commodity Exchange, but prices were lower Flax eased 11 cents a bushel m all months Rapeseed prices dropped between two and 10 cents, while rve was, lower by between 1'i and 7V4 cents Friday's volume of trade was bushels of flax. of rapeseed and of rve. Mid-session prices Flax May 11 higher 10 65B, July 11 higher 10 05B Oct 11 higher 9 45B. Nov 11 higher 9 13B Hapeseed Vancouver June 2 lower 706A. Sept 8'z lower664'2B- Nov 7'j lower 642r2B, Jan. lower 629'j Rapeseed Thunder Bay May 6 lower 6 82A. July 10 lower 6.52, Oct 8 lower 625A Nov 7 lower 625A, Dec. not open Rye May 7J4 lower 2 50'j; July lower252B. Oct 6'2lower2 52B; Dec lower 260A. Currencies MONTREAL (CP) Monday's mid- day foreign exchange selling rates supplied by the Bank of Montreal Australia dollar 1.4425 Austria schilling .0530 Bermuda dollar 1.02 Belgium convertible franc 0254 cruzeiro 1555 Bulgaria lev Czechoslovakia crown 1900 China renmmbi .5000 Denmark kroner .1630 France franc .2020 Germany mark ,3910 Hungary fonnl 0920 Indian rupee 1270 Italy lira 001555 Japan yen 003540 Mexico peso .0800 Netherlands guilder .3685 Norway kroner 1810 Poland Zlotv 0484 Romania leu 1614 South Africa rand 1.4450 Spain peseta 0168 Sweden kroner .2260 franc .3270 United Stales dollar 9650 United Kingdom pound 2 34 USSR ruble I 252.1 Venezuela bolivar free 2267 Yugoslavia dmnr 0581 Quotations m Canadian funds Dividends Dividends arc quarterly unless otherwise noted Alcan Aluminum Ltd., 30 cents. U S funds, increase of 5 cents. June 5 record May 7, 4'i-pcr-cent pfd 42 cents July 15, record June 28 Canada Malting Co., Ltd., class A, 35 cents, class B. 29ni cents, both payable June 14, record May 15. Canadian Western Natural Gas Co. Ltd., 4-pcr-rcnt pfd 20 cents, 5-pcr- ;