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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - August 11, 1972, Lethbridge, Alberta ffldoy, Augull II, 1972 LFTHBRIOGS HERALD 19 Stock prices firm in active trade Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Dohcrly, McCunlg Limited) LAST RID Oil SALE a.m. OuolBi) a.m. (Juotei) a.m. Quoltll TORONTO (CP) Industrial I Issues drifted fractionally lower while prices in other major sec- tors of the Toronto slock mar- ket remained firm in active xnidinorntog trading today. The industrial index was down .09 to 212.39. Golds were up .23 to 215.80, base metals .19 to 94.04 and western oils 1.00 to 252.17. Volume by 11 a.m. was 000 shares, up from at the samo time Thursday, Beverage, merchandising, oil refining, real estate, pipeline and banking issues drifted mod- erately lower while food proc- essing, industrial mining, slecl, paper and forest and utility stocks moved higher. MANY ADVANCED Advances edged declines 122 to 104 with 221 issues un- changed. Dominion Stores lost 1 to ?lcrulalc Mobile Homes M lo 113, Falconforidgc Copper to Pan Ocean to nd Canadian Superior Oil 'A to Budd Automotive was down ,'h to Bank of Montreal o Automotive Hardware A to Alco Industries to and Seagrams Vi to Consumers Distributing was up 1 to Alcan to Falconbridge Va to Pla- cer 'A Eo and Ram Pete 33 cents to WESTERN OILS Almlnex t Alia East Gai Ashland BP Oil GAI Can Soulh Cdn Ex Gal Cdn Homes 1rf Cdn 1nd Gai Oil Cdn Super Cdn H Charier Dome GI Plfllnv Gt Cdn Oil Lochlel Horth Ctfn Ol Numec Pnncdn Pnn Ocean Pelrd Pinnacle Place Gai Ponder Ranger Scurry Rain Spooner Selbens Total Peta Ulsrer W. Decslra Wcs1 Pole ID MISCELLANEOUS INDUSTRIES Hugh Rwiwll 6.15 Husky Oil 7.15 Husky Oil B IS WVi Husky Oil Inter Infer lnlc F'ctn SecO Sandv.'Cll Tcledyn? Cd While Yufcofi CALGARY AeroM Beror.i Oil 'i Ncrlh Cont -0? .4f> PIPE LIIJE STOCKS Grpd Inc 4.41 J.85 1600 Equity V W 50 Grwlh Ftl 17.87 Invei Mutual 5.9? Mutual Aecum 682 Fd 5.16 568 Nat Res 7.50 8.10 NW i.M NW Growth 588 6-46 1 Prlr.c S.iW 5.M 7.00 7.38 Tcrnplton Grwth 7.42 fi.33 Unllfcd Accum 5.79 d 34 UnWsr 9.14 Vanyuard JS.W 2.95 4.35 1.10 UnlvMl 1.63 Hog prices EDMONTON (CP) Aver age prices to 11 a.m. provided by the Albcrla Hog Producers Marketing Board: Edmonton: 34.BO. A v e r a Thursday, 35.1-1. Hod Deer: 34.80. Thursday, 34.46. Calgary: Average Thurs- day, 34.37. Lethbritlge: Nil. Average Thursday, 34.60. Lloydminstcr: Nil. Average Thursday, 34.04. Fort Mclcod: Nil, Average Thursday, 34.50. Gramlo Prairie: Nil. Average Thursday, 33.64. Total hogs sold average 24.70. Total hogs sold Thursday average Deaths yesterday By THE CANADIAN PRESS Velnce, As- pasla, 72, the widow of King Al- exander of Greece who died 1920, of a heart attack. TURKEY BUYS LANfiS ANKARA (AP) Turkey and tho United States signed in agreement Wednesday by which Turkey will buy 40 F Phantom squadrons of IB planes four spares. Phantoms cost about mlUIon each. MONTREAL (CP) Prices were steady in light morning trading on the Montreal stock market today. On index, industrials rose .36 lo 229.11, utilities .13 to 101.85, banks dipped 1.G8 to 270.87, the composite rose .H to 221.38 and papers slipped .23 to 09.27. Combined volume on tho Montreal and Canadian stock exchanges to 11 a.m. was 000, compared with shares at the same time Thurs- day. Guarantee Trust rose Hi to MfCC Investments 1 to Falconhridge Nickel lo Texaco Canada "ia to A v e rage and Alcan to Declines included Credit Fon- cr, down l to on 200 lares, Canadian Imperial ank of Commerce VB to ommion Textile 'A to anadian Javelin Vfe lo and apld Dala to AqulJalna Brlnco Cdn Drew A Cdo B Cdn PaciJfc Inv IncJ C y o n in A Cyonus B Falcon Copper Gcnifar Home A Home B Hud Bay Co Hud Day Oil Hud Gay Oil Pfd AIM Gas A Alia Gai Pred Ifaf Inland Nat Gai II and C Gas ti and C n Pfrf Gai Werro A Trans Cda Trnn'j Ctfa B Irani A Trans Cda War WC Trans MINES -51 A1lon .03V'j Aflas Explcr 11 Bthrit r.? B rend a Churchill Coppr CrwtJen Davenport Dank co 59-tX) 19.00 Dynasty EqultorlBl Fort MUTUAL FUNDS 70.00 yjfon' W 44.SO pyramid 82.50 Silver Sid 3R.75 r Copocr VANCOUVER GI Pac 5.45 INDUSTRIAL Jn ,AJ All CON Cmpd 8.57 9.37 Block Bros All CDN Divf 10-32 BC Sugar ygrs, AH CDN Ven 4.63 BC Sugar PFD fin Grvrth Fd 6.72 7.28 Cap! AGF Spec 355 CrslUk For Ind Invts Ftl 5.25 572 Kys 12.37V1 7-91 Key Indus' cmmwlrh Inter 17.96 16.25 P-ac Air 3700 Cmmv-I1h 1.06 2-1A Stampetla Inl'l Rei 35.50 Crnmvrllh Ven 7.98 6.71 OILS 18.00 Corp Inves 6-27 Albany Oil 46.75 Corp Inv Sk Ftl 5.32 Pains 5S.JO Dreyfus Fd US 13.32 14.60 West Grain prices WINNIPEG Rape- seed prices gained fractionally in a mixed trade at mid-ses- sion on the Winnipeg Grain Ex- chango today, reflecting strong advances in Chicago soy- Flax prices also worked high- er, though a lack of solid offer- ings kept trade to a minimum. Domestic shippers wcro strong traders In oats and bar- ley, with prices advancing fractionally; rye futures posted gains in a moderate volume of trade, after Chicago wheat prices went up. Thursday's trading volume was bushels of flax, of rapeseed and of rye. Mid-session prices: Flax: Oct. VA higher Nov. Vh higher 3.05MA, Dec. higher 2.98B, May 1 higher 3.03. West or north best place to avoid gas., sales tax 3.15 MM 15.50 3.90 3.90 3.30 .70 H.GO By JAMES NELSON (CP) Go west and north if you want relief from high gasoline, sales and cigarette taxes. CCII Canada Ltd., which keeps tabs on lax and business law, reports the lowest rates of sales and excise taxes prevail in British Columhia, the Yukon, ar.d the Northwest Territories. Tho highest rates prevail east of the ManitobarOntario border, though Manitoba and Sas- katchewan have their own de- grees of high taxation. Everywhere In Canada, taxes on gasoline and general retail cents, and Nova Scotia, P.E.I., New Brunswick and Quebec, eight cents a pack. Tho cigarette tax In Sas- katchewan, Alberta and British Columbia Is seven cents a pack, and there U> no territorial tax in the north. However, all the provincial cigarette t3ses are in addition Lc a federal tax of 12 cents a pack. In the U.S., the federal gov- ernment charges eight cents a pack on all cigarettes, and four cents a gallon on all sold. State dgurelfo taxes run as high as 21 cents a pack In Connecticut, 19 cente a pack In New Jersey, and 18.5 cents ID Texas. Seven to eight cents a U.S. the slza of the Canadian over most of the states for gasoline ta.-jes, though nine- cent-a-galbn taxes are common on the eastern seaboard, and the rate In Connecticut Is 10 cents a gallon. Livestock report Toronto mines, industrials (Supplied Dy Richardson Securities of Canada) LAST HID OR SALE B.m. Quolei) MINES By Gene Fawcctlo A RHEUMATOLOGIST J-JAS ANNOUNCED RESULTS OF 'E3TS WHERE PATIENTS WlTW ARTHRITIS WORE GLOye'S AT NIGHT TO AVOID MORNING STIFFNESS. MOST FOUND GREAT IMPROVEMENT BY WEARING NYVON STRETCH WHILE ASLEEP... AT THIS TIME MO ONE KMOWSf 15. NEW YORK (AP) Emerg- ng from. Tour days of dol- rums, Mic stock market gave gns of a definite uplurn today i moderate trading. Ttic noon Dow Jones average f 30 industrial stocks was up to 955.57. Advances held a 94 to 420 lead over declines on he New York Slock Exchange. Among Canadian slocks, Al- an was up to Cana- lian Pacific Lo Gen- tar to ami Granby Va o McFntyre dropped lk o Walker-GoodL'rham o and Dome Mines to On the American Stock Ex- change, Canadian Javelin rose 3 to Brascan to .nd Canadian Marconi Vi to Broulan Bruniwkk Caneda TL Casslar Central Pat, Cons. Rarnb Coin Lake Cochenour Dlckcnson Denlsoo Horn D'Etdona Donefda Discovery Mlr.cs Past Sullivan FalconbrTdge Trobex Gianf Y.K. Dovls 3.8S 1.77 K.50 OuoTei) RnyrotV: Radiwc RTo Algom Sherritr Gardor Di m-.M a.m. Quolei) Silver n Corp. xmont 7.75 a. 70 51 .SS 7.ES 5.30 3.55 S..W .5.33 Canada Mines Wright HargreavtE 1.17 Wlllroy 1.3S Ycllowknlfe Bear 3.85 Zenmac ,11 INDUSTRIALS AblMhl Alcan Algoma Steel iftfco Ind Arfanllc Sugar Agra Ind Bel! Tel Dslfli Cable Gj-t cdn on Gen Molars Grt Lakes Pp Gulf Oil Cda Greyhound Hawker Slrf Hur Zr Frie Hiram Imp Oil Imasca '3 Int Pipe Inv Grp A Inl Util Ind Accept Laurenlide Kelly Doug A Loblaw A Met f Tra fl.C- Tel Headway R.L. Hollirger B.C. Hudson nay fVi-S 30 12V'j B.C Sugar Hydra Ex. 20 Bow Val Ind Iron Bay 3 40 CAB IntI 21.63VJ McMilla U 75 Moore Corp 13.50 A 600 W.olsons B 13.75 North f, Cent -13.50 Power Corp 21.55 Price Co a. no Rofhmans SL Law Corp Jollcl Kerr Addlion Key Anacon LabrfltJor Long Is Silver Lake Shore MalaMIc G.F Martin Mctitf AAaclnlyre Madicn R.L. W.clrt Mid rim Chcmctll Col Cell Calgary Row Ccron Credit Gas Pf Cdn Industries Cdn Marconi Cdn C.P.R. .U Comlnco Cons narh Bridge Gold price coiilimies to decline LONDON (AP) The price of gold resumed its week-long downtrend today after a brief upturn on Ixmdon's free market Thursday. The U.S, dollar held steady. In London, gold sold at SfiG.10 an ounce in mid-morning trad- ing, down from an ounce at the close Thursday. lieen dropping fairly .steadily in Kuropc's free mar- kets from the record nti ounce reached earlier I his month to a low of in Txin- d o n e d n c s d a y Dealers hlamcd the drop on speculators tnking profits. On foreign exchange mar- kets, the U.S. dollar improved fractionally in Ixmtlon, Paris and Frankfurt hut was off mar- ginally in Zurich in early trad- Simpson's Simp Scars Sfesl of Cda Selkirk A 415 Texatu 2.00 Traders Grp A 35.75 Trans Mln Pp 1.90 Trans Cda Pp 11.25 Union Gas Union Oil 500 VerMlile Mfg T0.7S Weslecl 31.62W Union Car 16-00 A Cdn Seed l-l B7Vi Zenith Flee IBMVi BANKS 33.75 Cdn Imp 23 00 Montreal 15.B7Vi Nova Scollfl 31.00 Royal 1650 Tor-Dom 33. 37 28.00 72.25 7.00 76.50 23.25 3.75 31.75 45 75 40.75 28.00 31.37'A 2B.50 9.iO 20.00 a. 12 4.15 7.12 W 21.25 T 6.B7VI 50 75 13.00 20.00 48.50 40.00 35.8? 25 CO 54. SO 19.00 2435 44.75 n.MVj 4421 A. SO 23.50 18.00 28-75 6.00 3.10 IVfiii) Yorfe stocks (Supplied By Richardson Securities of Canada) Amr. I T Anaconda Be1h Steel Chrysfer Sears 51 d Oil ol NJ i Texa? Gull Texas Co Corp Woo jrlJi 111.50 77.00 116-50 31.50 3J.OT 34 ?S 20 Golds 214.21 df 1.22 10 Base Mis 93 88 up .03 15 Oils 253.41 up ?.24 Voluma NEW YORK AVERAGES US Sleel 20 Rails up .12 Given welcome HAVANA Wil- liam Ka-slitan, secretary gen- eral of Canada's communist party, lias been received by Prime Minister Fidel Castro of Cuba, it was announced here. Granma, the Cuban Commu- nist parly's official daily news- paper, said the meeting was held Tuesday in an atmosphere of "brotherly friendship11 and talks dealt with topics of gen- eral interest to both parties. Rapcsccd Vancouver: Sept. Hgher Nov. Vi ligher Jan. higher March 1 higher Rapesecd "Oiunder Bay: Oct. 1 higher 2.45A, Nov. higher 2.45A, Dec. Vi higher May higher Oats: Oct. 'A higher .75A, Dec. unchanged May lifiher .77% A. Barley: Oct. 'A higher Dee. 'A higher May y4 higher Rye: Oct. 1% higher I.ID'AB, Doc. 2% higher 1.1014, May 2% higher Grain quotes Thursday (basis Lakehead) liigh Low Close Flai Oct 308 303 303 Nov 299% Dec 29714 292 Vi May 307 302 307 Kapeseed Vancouver Ecp 254% 254% Nov 257% 255% Jan 256% 254% 255 Mar 253 253% Rapcsred Thunder Bay Oct 244 243 244 Nov a-ffil Dec appear to he Irigher tlian n most of the slates south of the border. But cigarette taxes are higher in many of the states than they arc in Canada. The highest general sales laxes arc in Prince Edward Island, New Brunswick and Quebec, where eight per cent Is added to retail prices. Newfoundland and Nova Scotia retail sales taxes are seven per cent. The rate in Ontario, Manitoba, Saskatchewan and British Columbia is live per cent, and Alberta, the Yukon and the Northwest Territories have no sales taxes at the provincial or terri'xmal level. But all of the sales taxes are in addition to a 12-per-ccnt levy imposed by Ottawa at the manufacturers' level of most retail goods. Through most of the U.S., slate sales taxes run two to four per cent, and reach six per cent only in Pennsylvania and seven per cent in Connecticut. HIGHER IN EAST Provincial gasoline taxes are highest in the Atlantic 25 cents a gallon in New-founlland, 21 cents a gallon in Nova Scotia and P.E.I., and 21) cents a gallon in New irvesrocK -CALGARY (CP) Receipts 4 11 a.m. today on the Calgary f estock market were 425 ad, mostly replacements. 1 ade was active. Slaughter cattle on offer sold line with Thursday's closing rices. Choice steers 32.50 to 33.50, ood 31.50 to 32.50, medium 31 31.25. Choice heifers 30 to good 29 to 30, medium 28 to Good cows 25.50 to 26.60, odium 23.50 to 25.25, canners nd cutters 19 to 23. Good bulls to 31. Replacement cattle met a ecn demand at fully steady to rang prices. Stock calves ere relatively scarce. The majority of the calves weighed under 400 pounds and sold at eady prices. Good feeder steers under 750 pounds 38 to 45.25, 750 550 'o COO pounds 36 to 0.30, 600 pounds up 31 to 34. Joed stock steer calves under 00 pounds 50 to 62, good stock eifer calves under 400 pounds A to 39.50. Hogs average base price IS ARRESTED TEL AVIV (AP) Israeli jolice have detdned Paul John Clover, a British national, on suspicion of spying for Jordan, d spokesman for the British embassy announced SALESMAN BOSTJTCH, largest manufoc-furer of stapling end nailing equipment has cpenmg in lelhbndge orea for indus rial salesman. Permanent position od von cement Sclary plus Incentive compensation. Excellent employee bencfifs. For Interview reply lo Box 102, value MONTREAL (CP) U.S. cllar in terms of Canadian unds up 1-32 at 3-16. Pound sterling up Vs at May 247% Oala Oct 71% 74% The rate in Quebec, Ontario and Saskatchewan is 19 cents a gallon-, and Manitoba YORK Canadian dollar down 1-64 at in terms of U.S. funds. May 77% 77} a Barley Oct 119'A 11914 Dec 11914 11914 119V4 May 122Vi Ilye Oct 108% 103% Dec lOS'A 108 108'i May 112% 111% and British Columbia provincial governments charge 15 cents a gallon on gasoline. In the northern territories the tax is 14 cento. Newfoundland also has the highest cigarette tax, 20 cents on a package of 20. Manitob charges 12 cents, Ontario down 1-32 at CORRE These two Items IT should l last ave ON nighfs paper Northwest Nit MEDICINE h 1 Reqi STEAM, 3 Must have a Secon 4 This Is o jloff job with Ltd. 1AT, ALBERTA ires A ENGINEER d Class Alberta ticket. tho accompanying benefits. 0 per annum, depending on of qualifications and briefs 990 30c off these colourfu briefs of 50% nylon. Long wearing, anc so comfortable. In Green Gold. Blue, Mauve. Sizes We regret qny ir experience. Send T-Shirts ONLY 1 -4SJ Smooth filling T-shirti made of 50% nylon blend. Colour ma ched fo briefs. In Green, Gold, Blue, Mauve. Sizes iconvemence caused ars ence tot n- Personnel Manager, 13 Northwest Nilro-Chemicals Ltd., re Box 310, Medicine Hat, Alberta, T1A CFCN-TV APPOINTMENTS Hiram Walker's Special Old Gentle Ry< BILL WINGERT Si on Bat os, Manager, announces the appointmenli of Bill Wingcrl lo Sales Supervisor and Ray Mtickham lo Solos Rcprcsenlntivc. L_____ ;