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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - August 16, 1973, Lethbridge, Alberta Miscellaneous quotations Montreal by McCuaig LAST HID OR SALE i.m. a.m. a.m. WESTERN OILS AND MINES Albany Oils Alta East Almlnex Ashland BP Canada Mines Can South Cdn Ex Gas Cdn Homtsid Cdn tad Gas Oil Cdn Long is Cdn Super Charter Oils Chieftan Dome Pete Dynasty Fort Reliance Giant Mascot Granisle Gt Plains Gt Cdo Oils S Loeniel Lytlon Min Noble Mines North Cdn Oils Numac Pincdn Pete Pin Ocean Petrol Pinnacle Placa Gas Ponder Ringer Scurry ftaln Selbens Spooner Total Pete Ulster Pete W. Decalta 1.10 8.00 7.00 12.75 1600 7.50 4.45 -.25 7.40 .18 5775 4.00 11.50 10.00 26 3.15 11 00 3000 8.00 2.55 2.20 1.12 7.05 17.25 15.00 1.27 .IB .61 .41 19.62V2 1400 45 760 .94 5.87'A 6.00 MISCELLANEOUS INDUSTRIALS Acres Ltd 13.50 B.C. Sugar Pfd 14.50 Block Bros 1 65 QJn Brew A 24.50 Cdn Brew B Cdn Pacific Irw Crestbrook Ird 9 12'. 2 Crowcnest Ind 2J.50 Cygnus A Cygnus B Falcon Copper F and M Trust Genstar Global Comm Home A B Hud Bay Co Hud Bay Oil Hud Bay A Pfd Hugh Russell Husky Oil Husky B Pfd Husky D Husky E War Hys of Canada Inter Prov Pipe Inter Prov Sleel Kaiser Res Loblaw C Pfd Maqnaswiics Paciflg P W Air Pe-Ben Oilfield Rainier Inc Royal Trust Com Cap Corp Sandwell Teledyne West Cdn Seed Westfield Weston A Pfd White Yukon PIPE LINE Alta Gas A Alta Gas Pfd Alta Nat Gas Inland Nat Gas N and C Gas N and C B Pfd Pacific Trans Gaz Mstro Gaz Metro A Tr Can Pine Tr can A Pfd Tr Can B Pfd Tr Can War WC Trans WC Trans War AGF Special 2.80 Cdh In F 507 5.56 Col Mutual 5.79 Cmnw Inter 14.61 16.05 Cmnw Lev 3.82 4 20 Cmnw Vent 8.03 Corp Invest 6.16 6 77 Corp In St F 5.09 Dreyfus F U S. 10.73 11.76 Great Pacific 5.18 Gr In Shares 344 3.79 Gr 7.63 Bit 25.12V3 Invest Gr F 12.38 13.54 41.00 Invist Mutual 5.83 Mutual Ac 6.01 6.61 Mutual Gr F 3 51 3 87 Nat Res 4 1.44 N W Cdn 567 6.23 N W Gr 4 91 5 39 Principal Gr 42 4.E5 Royfund 6 90 Temp Gr 8.47 9.26 United Ac 5.13 5.64 Universal Sav 7.81 8.62 Unlvest 6.01 6.60 Vanguard 6 31 6 92 CALGARY Acroll Barons Oils OJ ___ N Continental 537Vs West Warner 1 25 VANCOUVER 6000 MINES 11.50 Afton 9 40 STOCKS Atlas Explor .45 Bath Nsrse 1 71.00 Dankoe 1 19 50 Davenport .41 10 12Vz Dolly Varden .53 Equitorial Res .18 22.25 Glfcreltar 11.75 Lornex 12.50 4.25 Primer .10 Pyramid .13 78.00 Silver standard 1 4s 52.50 Valley Ccnoer 9 50 7.75 7.75 14.25 5.2J 1600 44.00 47.25 c.sn 17.50 50 CO 55.EO 4500 900 11.00 4 50 8.25 13.00 3.15 29.75 9.00 yi.lW. 550 7.75 5.00 24.15 3.50 4.25 4.15 Gold stocks advance TORONTO Prices on the Toronto stock market moved with golds ad- vancing in light mid- mcrning trading today. The industrial consid- ered the major indicator of market was up .25 to 215.99. Golds jumped 9.09 to 268.40 while western oils rose 1.27 to 250.71 and bass metals .38 to 103.66. Volume by 11 a.m. was 000 compared with shares at the same time Wednesday. Propane hearings set for Sept. 18 EDMONTON T he largest application is by White Products Pipe Line energy resources conservation board will begin hearings Sept. 13 into applications by seven oil companies to export pro- pane from Alberta. Gasoline Imperial Oil Ltd. for the re- moval of barrels of Study Group. Gulf Oil Canada Ltd. lias ap- propane over a 20 year period plied to move barrels beginning Oct. 1974. before Dec. 1994. plied to take barrels from Alberta by Sept. and Canadian Superior Oil Ltd. wants barrels by I Dec. 1994. The six other companies Chevron Standard Ltd. has Union Oil Co. of Canada Ltd. have applied to remove pro- pane from Alberta under vary- ing time periods. Their appli- cations are supported by a jointly prepared submission from a group known as the 000 barrels by Dec. 1983. applied to export bar-1 has applied to take out rels by Sept. 1994 and Hud- son's Bay Oil and Gas Co. Ltd. has applied to export barrels by the same dale. Shell Canada Ltd. has The ERCB said it will hold I consecutive public hearings ap-' into each of the applications. improving WASHINGTON While shortages still plague some the availability of gaso- j line is generally increasing in the United the American Wheat supplies higher WINNIPEG year ago. With the previous j ley 101.9 million supplies of Canadian wheat to- 1 -week's totals in Vis- uic aouic miic i Advances led declining issues Association tailed 205.1 millions bushsls for ible supplies. Durum 38.8 mil- lib to 78 with 158 issues un- changed. Industrial mines and paper and forest products stocks were the leading sectors as 11 of the 'industrial index's 17 sub-groups were higher. Chemicals and The AAA issued the llth in its weekly series cf reports on the gasoline shortage and for the sixth consecutive week reported imyiovement hi the situation. The AAA said that of beverages were among declin- MM wun. ine sectors. stations surveyed along major ing sectors. Maclaren A was up 1 to Massey Ferguson to Sklar Manufacturing Ji to Alcan to and Grafton Vz 1 to 1 Domes mines gained 2Vz to Camflo 70 cents to I and Dynasty to INDUSTRIALS e.m. Qu MINES Asb Acme Advocate Akalrcho Bralorns Broulan Belhlehem Bovis Brunswick C N West Land Canada Tung Casslar Central Pat Chlmo Conwest Cons Rambler Coin Lake Cochwiour Crnigmont Dickenson Denison Mines O'Eldona Dome Mines Discovery Mine East Malarfic East Sullivan Falconbrldge Frobex First AAerltimes Giant Y K Granduc Hollinger Hudson Bay Hydra Ex Iron Bay ISO Jcliet Quebec Kerr Addiscn Key Anacwi Labrador Lake Shore Langis Silver Madsen R L Malarllc G F Wlartm McNeely Maclntyre AAeta Midrirn Intern Mogul Mu West Homes New Athona New Calumet Noranda Norlex Pine Point 1 10 2.25 Placer Dev Pax Exp Quebec Man Rayrcc'K Rsdicre Rio Algom Roman Corp SherriU Gordon Steep Rock Tek Corp Texmont Upper Canada Western Mines W H Cop Mines Wriaht Harg Willrov Unicorp and Calvert-Dale 10 cents to j I Hudson Bay Mining was off Gibralier 's to S13 and Rio Algam to S23. United Canso Oil was up 5s to and Scurry Rainbow Js i Pan Ocean declined Js to sisi's. MONTREAL Prices were mixed in light trading on the Montreal stock market to- day Combined volume on the Mon- i treal and Canadian stock ex- a.m. a.m. changes at 11 a.m. was i compared with 54 per cent were op- erating normal hours and per- mitting motorists to fill their This was up one per cent over the previous week. In general the survey re- ported that fewer stations were closed for lack of fewer sold out of at least one grade of reductions rye 8.9 million flax 7.0 million rapeseed 20.8 million mil- the weekended Aug. the Ca- lion bushels oats nadian Grain Commission re- 14.4 million bar- ports. This compares with 199.6 mil-' lion bushels in the week Aug. and 234.4 million bu-i thels a year ago. the commis- sion stated in its weekly re- port. F a r m e r's marketings of i wheat for the week totalled 1.11 million bushsls. ell the 26.7 million bushels marketed a MOSCOW _ Tha Soviet. would bs awarded with week earlier and the 6.8 mil-1 Communist party navspapsr j extra vacations with rM lion bushels during the corres-' Pravda suggests grain tarmsrs exposes and new buses for ponding week in 1972. igat bigger bonuses to make their collective farms. Pravda suggests farming bonuses Overseas clearance sof them work harder. totalled 8.6 million The idea is nc new. The compared with 8.0 million a i party announced earlier this week ago and 11.1 million a'year that farmers excelled Pravda deplores the fact that cutting and threshing machines are idle on many farms and that is no real concern for the mechanized for Pipeline financing scrutinized OTTAWA Financial arrangements surrounding con- struction of a proposed mile long pipeline came under scrutiny at continuing national energy board hearings yes- terday. The application by Cochin Pipe Lines a Dome Pe- troleum Ltd. calls for construction of a twin pipe- line from Fort i through the United States to Windsor and Ont. The double line would carry a natural gas ex- and other light hydro- carbon liquids. Dome is a'so applying for a licence to export the natural gas prod- uct from which ethylene is de- rived. Don manager of eco- nomics and planning for told the board there have been discussions between Cochin and Dow Chemicals which is to help finance the on a uniform system for record- ing transactions and deprecia- tion rates. He said verbal agreement had been readied between the com- panies but no documents had been signed. Mr. Gillev said Canadians 2925 5.60 Col Brew Key Indvst 3.-S5 WarcTdir MUTUAL FUNDS OILS All Cdn Ccm 6.95 7 55 Prp cxo'or All Cdn Divid TM 8.09 Plains Ptte All Cdn Vent 3 67 3.99 Ponderay Exolor Amr Gr F J 290 27 1 90 1.20 22 1 00 Grain price review I their moral couragemenv and material en- 5.37 5 90 Stamp-de Intl Res 1 19 WIN1MIPEG Win nip eg I The paper accuses farmers in the grain-rich central black soil i region of not showing the The i 20 lower Nov. 20 Grain quotes Wednesday essary flexibility and man- Commodity Ex- Toronto industrials By Rtcfearffson of LAST BED OR SALE change remained unusuaDy quiet through mid session today with all grain prices at or the near maximum trading limits. 20 lower May 15 lower 6.60A. Oct. 8 lower Dec. 8 lower 1. May and July not open. Oct. 10 lower 16.00 2 IS 4.80 8 15 1 11.00 1 02 110 5 10 3.50 Windfall 90 Yellow Bear Zenmac M-S 7.60 335 38.75 48 1.25 385 2 62 7900 .30 70 B.25 14.00 45.00 INDUSTRIALS Abitibi Alcan Algoma Steel Atco Ind Jannock Agra Ind Bell Tel Brazil Trac B.C. Tel _.__ Burns B.C. Forest Wj B.C. Suqar 3.60 Bow Val In 220 Cable .11 CAE Ind 12 75 Cdn Brew 33 Ch.3mcell 4275 CCl Cell 2 75 Calpary Power 05 Coron Credit 1 20 C.W.N. Gas Pfd 95 Cdn Ind 3J Cdn Marconi 54 50 Cdn Vickers .l5Vi Ctirysler is c.P.R. 14.00 Ccmlnco Cons Bath Cons Gas Dist Seagrams Dom Bridge Domtar Dom Textile Dom Stores Dome Pete 900 M 25 5'75 6.35 .35 3600 28.50 Glendsle 2.45 Grt Cdn Oil 12 Gen Motors i-31 Grt Lakes Pp .35 Gulf Oil Cda 58 25 Greyhound 28.25 Hawker Sid 1S.75 Hiram Walker 1.60 Hur 8. Erie X.OO Imp Oil 24 Imasca 3.75 Int Nickel 315 Int Pipe 3.45 Inv Grp A 91 I.U. Int 1 06 Ind Accept Kaps 3 95 Kelly Doug A .09 Laurentide Loeb Loblaw A Met Stores 31 Massey Ferg McMillan Bloe Moore Corp 1300 Molsons A Molsons B 9.87V2 Nachurs 40.87Vi North f. Cent 18 00 Power Corp 51.75 Price Co 1600 Rcthmani 18.75 shell CDA 1950 Simpson's 3337Vi Simp Seers 15.75 steel cf Cda 1025 Selkirk A 4.00 Texaco 4 Traders Grp A 5.37'.2 Trans Mtn Pp 53121's Trans Caa Pp 1 85 UnlOT Carb 10.75 Union Gas Union Oil 4.05 United Siscoe 20 50 Versatile Mfg 23.S7V2 Wcsteel 16 87Vi Weston's 32.62Vj Woodward's A West Cdn Seed 15.12Vz Zenith Elec JO.to BANKS 3762V2 Cdn Imn 22 50 Montreal Nova Scolia 15.00 Royal 35 50 Tor-Dom 900 8.50 63 24 25 M 18 621 1 4.40 55.75 27.00 31 23.00 For the third straight day Dec. 10 lower May not futures opened down the open July 10 lower 2.60A. Oct. 10 lower Dec. 10 lower May 10 and trades were limited. shares at Wednesday. Banks dropped .91 to utilities .37 to 142.50 and the With the exception of the the same time i Vancouver rapeseed in the January and March they were down 19 and cents respectively all active composite .12 to 226.82 while pa- j months ware down the maxi- pers climbed .33 to 130.66 and j mum limits. sis High Low Close Raptsced Vancouver Sep Ncv Jan Mar 750 746 746 738 730 746 727 738 730 726 727 i euverability in the first days i of the harvesting i Workers in the Kursk and Voronezh regions bad managed 1 to cut the Pravda were late in threshing lower July 10 lower ___ 3.15A. industrials .06 to 245.30. On the Montreal Stock Ex- Wednesday's volume of trade was bushels of rye and 24 25 17.25 5 4.65 6.00 1825 32.50 50.62V2 24.75 24.00 7.50 9 15.50 12.50 10.75 31.00 15.50 6675 16.B7V2 19.MV2 23.00 17.00 975 1650 520 7.12V2 1500 21 23 50 change. Andres Wines advanced bushels of rapeseed. Vs to Massey-Ferguson Vz to and Alcan Ts to while Place Development dropped to and Bank of Commerce 38 to On the Canadian Stock Ex- change. Cabot Explorations j rose seven cents to S1.65 on 300 shares traded. MID-SESSION Rapeseed Sept. 20 lower Nov. 20 lower Jan. 19 lower Mardh lower Rapeseed Thunder Oct. Oct 724 Dec May Oats Oct Dec May Jiy CHICAGO Grain' quotations Sep Dec 4.59- Mar May Jul 3.67. Rapeseed Thunder Bay 716 Grain quotes 3.15 29.62'Xi 1775 33.50 34 87 33.25 New York stocks NEW YORK Stock market prices rallied strongly on the New York Exchange near opening then led by the blue chips gave up some gains. The Dow Jones average of 30 which earlier was j up more than seven at noon was up 3.01 at 877.18. It closed up more than three points Wednesday. Among Canadian issues on the New York Dame Mines advanced to Hudson Bay to Mas- sey-Ferguson to 523 and Hi- ram Walker 3S to S56U. i Seagrams was unchanged at and Canadian Pacific at while Mclntyre fell one to Amr T end T Be'ttTsteel Chrysler Comsat Dupont GM Gulf Int Harvester Kenn Copper By Richardson Securities ot Montgomery V.'ard 20 215.83 up 10 Scars 96 27Vj 20 Golds Ui.Oi up E.73 ._ 6.25 X-Rcn 23.87Vj Texes Gulf 50 CD Texas Co Wickes Corp Wcalworlh 6303 31 westinchoose Elec 34.00 u-s- Sfeo1 i'-W' Gen Eiec ._ 91.25 10 Base Mtt 103.34 up 05 2500 15 West Oils 250.82 up 1.38 30 03 Velum 1725 NEW YORK AVERAGES 3400 30 Indu't 677.18 up 3.C1 20 Rails 156.80 off 23 15 Utilities up .39 65 Stocks 26547 up .65 prces 79 37V2 TORONTO AVERAGES Volume WANTED FIRST CLASS STATIONARY ENGINEER FOR ALBERTA GAS CHEMICALS LTD. Now constructing a 600 ton per day Methanol plant in Medicine Haf. Second class engineers qualifying for temporary first class permit will also be considered. CANADA MANPOWER CENTRE 419-7th St. S. Phone 327-8535 EDMONTON Aver- age prices to 11 a.m. today provided by the Alberta Hog Producers Marketing Board. average 6540 average 65.30. i No sales average I 6632. Total hogs sold to 11 a.m. 1 393. Total hogs sold Wednes- I day 3.339. average 65.62. Sows average 48.85. Livestock Calgary livestock CALGARY Receipts to 11 a.m. today from the Cal- gary public stockyards showed sales of 600 mostly slaughter steers and heavy shortkeep replacement steers. Trade was active with a mod- erate demand. Slaughter steers sold 50 cents higher with sales to 53.40. There were insufficient heifers or good cows en offer to estab- lish a market. Other grades of cows sold steady at Wednes- day's close. 51 to 53. 49 to 50.50. 38 to 40. 33 37. Replacement cattle were mostly fleshy sJiortkeap steers 850 to 950 pounds selling higher. A few feeder heifers sold steady. There were no stock calves on offer. Good feeder steers more than 850 50 to 55. Good feeder heifers than 700 49 to 50 Hogs fob to 11 65.96 Sep Dec Mar May July 3.05- Vt. Sep Dec May Jul 1.48- Oct Dec May Jiy Rye Oct Dec Mav Jlv 716 C98 660 175 Vz 17GU 258 257 H 252 270 306 losses and last year forced the Soviet Union to pur- chase 25 million tons of foreign grain. thereby causing 1 spoilage. A crop failure would be able to participate in the project virtue of ex- isting share ownership in parent companies.'1 These in- clude Doms. Dow Chemicals. Dow Pipeline Ltd. and three Canadian banks involved in fi- nancial arragements. Dome itself has no plans to make new share offerings to the public but Mr. Gilley said he did not know the plans of Dow or other participants in the ven- ture. Questioned on comparative costs between the proposed pipe- line route and an all-Canadian Donald Dome's pipeline department said he could not calculate like what the difference would be. ocessinct an 1003 4th Avenue Lethbridge Telephone recessing rvices Dollar value CHECK AND COMPARE OFFER IS GOOD ONLY WHILE SUPPLY LASTS Dr. and Mrs. Kuipers HOME FOR 3602 South Parkside Drive MONTREAL U.S. ___ dollar in terms of Canadian funds at noon Thursday was Baef Futures down 7-so at 51.00 21-50. Pound WTJXTNIPEG L i v e sterling down 9-10 at 73- beef futures closs Wednesday. 100. Sep 53.50A Nov Jan Mar 54.40A. Tuesday's Two con- Pound sterling down 11-20 at tracts. 7-10. In New the Canadian dollar up 7-50 at S0.99 29-50 Named Salesman of the Month Well built J bedroom family home with indoor pool and tropical 2 ear garage with electric all draperies and many more luxurioui 328-4645. I CHEVROLET OiOSMOBILE OK SUPERMARKET CAR LOT PHONE 321-1101 Beny Chevrolet Oldsmcbile is pleased to announce that Hank Amundson has achiev- ed the honor Of MAN OF THE for July 1H7.3. a recent addition to Beny's transpor- tation has had a wealth of experience in the automobile industry. He wel- comes his many friends and customers to come in and see the new 1973 cars and trucks. As an experienced transportation expert his advice to you with BENYfit. CROWN 78 BELTED Mileage for those who plan to drive up to 30.000 miles. Quality Construction 2 belted construction. whitewall matches 72 73 cars. -Modern 78 senes Performance Proven Characteristics belted construction reduces tread distortion and ensures long tread life. -Belter steering control than bias tires. ride than bias tires. value lire. Price Available at the following participating SUPERIOR GULF SERVICE 1804 Third Avenue South 327-0313 Ask FRANK AITKEN GULF SERVICO CENTRE 3316 First Avenue South Telephone 321-9228 Higwhay 3 Ask KEITH ROBERTSON ;