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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - August 23, 1973, Lethbridge, Alberta Market advances in light trading Miscellaneous quotations Montreal by Doherty. McCuaig a m. WESTERN OILS AND MINES TORONTO Prices on the Toronto stock market were higher iu light mid-morning trading today. The industrial consid- ered the best indicator of msr- ket was up .62 to base metals .41 to 101.30 and western oils .60 to 243.57. Golds dropped 1.81 to 261.71. Volume by 11 a.m was 000 shares compared with 000 at the same time Wednes- day. Declines edged advances 90 to I 86 and 159 issues were un- j changed- The oil refining sector of the Industrial index was up sharply while there were fractional to moderate changes in other sub- groups as 10 of the 17 industrial I sectors were higher. Loblaw Groceterias was up 14 to The stock is to be de- Livestock CALGARY Receipts to 11 a.m. Thursday from the Calgary public stock y a r ds showed sales of 550 most- ly steers and cows. Trade was dull with a very narrow de- mand for all classes. Slaughter steers sold barely heifers were low- er. Cows were bulls also S2 lower. Al. A2. 49.50 to 50.50 A2. 47.50 to 48.50. D2. 35 to 37. Do. 32 to 34. 27 to 31. good 45 to 47. Replacement cattle were mostly fleshy and short- keep weighing 950 to poonds. selling sboo-t Si lower. Few feedsr heifers sold steady. Tnere were insufficient stock calves on offer to estab- lish quotations. Good feeder steers more than 850 pounds1 49 to 53. Under 750 34 to 58. listed Aug. 31 because public distribution does not meet ex- change Gulf gained to Impe- rial to Canadian Tire A 1 to Consumers Dis- tributing to and Sklar to Commerce Capital was off 15 cents to Rothmans afe to Electrohome Vi to Cornat 10 cents to and Dom- tar to Agaico-Eagle Mines gained 30 cents to Bankeno 15 cents to and Mindamar five cents to Mattagami Lake dropped to and Quebec Sturgeon 15 cents to Skye Resources rose 10 cents to and Scurry Rainbow Vs to Peyto was down 10 cents to Albany Oils Alia East Gaj Alminex Asamera Ashland BP Canada Brenda Mines Can South Cdn Ex Gas Cdn Homestd Cdn Ind Gas Oil Cdn Leng is Cdn Super Charter oils Chleftan Dame Dynasty Fart Reliancs Giant Mascot Granisle Gt Flairs Gt Cdn Oil 5 Lochiel Lytton Mln Ncble Mines North Cdn Oils Numac Pancdn Pele Pan Ocsan Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Spconer Total Pels Ulster West Pete W. Decalta 1.10 660 11.12VJ 12 1575 7.40 450 3.20 950 8.00 SS.25 '.00 ll.WA 9.70 .16 3.15 1000 2.71 2 10 91 485 16.50 14.50 1525 1.30 .61 -3SVi 19.75 1300 7'.60 .95 550 LAST BID OR SALE a.m. 7 75 7.75 1600 -U.OO m Augtnl T973 TMt IETHIRIDQI HIRALD A Cygnus B Falcon Copper F and M Trust Genstar Global Comm Home A Home B Hud Bay Co Kud Bay Oil Hud Bay A Pfd Hugh Ru-sell Husky Oil Husky B Pfd Husky D War Husky E War Hys cf Canada Inter Prov Pipe inter Prov Steel 12.87V3 Kaiser RES 3 Loilaw C Pfd 28.62'5 Amr Gr F AGF SPSCI3I Cdn In F Col Mutual Cmnw Inter Cmnw Lev Cmnw Vent CC7p Invest 5.28 i SO 2.76 5.02 5.51 5.71 6.27 55 15.59 3.77 4 14 7.17 7.68 6.15 676 I Grain Prices Long-term wheat contracts urged a 43 25 P 17 VVi Corp In St F 5.05 5.54 5050 Oreyfus F U.S. 10.41 11.41 6000 Gr In Shares 3.33 372 4650 Gr Equity 7.62 8.37 Invest Gr F 12.33 li.43 42 50 Invest tual 5.60 Mutual Mulual Gr F Nat Res N w Cdn N W Gr- Principal Gr 900 4.50 Pacific Pete P W Air Pe-Ben Oilfield Rainier Inc Royal Trust Commerce Corp Sandwsll Teledyne V.'sst Ccln Seed Westfisld Min Weston A Pfd White Yukon 7.00 Van9uard 5.51 6.30 3 51 3.86 4.90 5.38 5.64 6.23 4 86 5.34 4 n 4.95 6 64 6.91 8 41 5.04 5.55 7 8.i6 610 668 5.00 24 25 4 25 15 l 25 6000 11 W PIPE LINE STOCKS MISCELLANEOUS INDUSTRIES MONTREAL Prices were mixed in light trading on the Montreal stock market to- day. Combined volume on the Mon- treal and Canadian stock ex- changes at 11 a.m. was compared with shares at the same time Wednesday. Industrials rose .77 to 243.90 and the composite .51 to 225.62 while papers declined .91 to banks .18 to 263.66 and utilities .03 to K0.40. On the Montreal Stock Ex- change. General Motors ad- vanced to Mean Bs to S33'B. Chrysler to S24. Gulf Oil Canada to and IU International to S24 while Domtar fell ss to Credit Fonder 5s to Mercantile Bank 3s to S25 and Canadian Javelin Vi to On the Canadian Stock Ex- change. Western Quebec Mines rose one cent to 25 cents on a volume of 38.200 shares traded. Acres Ltd Aquitaine BC Sugar Pfd fisck Bros Cdn E.-ew A Cdn Brew B Cdn Pacific InV Crestbrock Ipd Crowsnest Ind 13.50 22871-3 UCO 2 EO 25.50 7975 30.00 9.00 2800 Alia Gas A Alta Gas Pfd Alia Nat GES Inland Nst Gas N and C Gas N and C B Pfd Pacific Trans Gzz Metro Gaz Metro A Trans Csn Pipe Tr Can A Pfd Tr Can B Pfd Can War WC Trans WC Trans 11 75 70.75 19.50 10.00 9.50 21 75 11.75 415 50 CALGARY Acroll Barons Oils N Ccntinentcl Western Wefrer VANCOUVER MINES Aft Ml Atlss Explcr Bath Norse Darrcoe Davenport Dolly Vardirn Equitorial Res Gicraltar LCTP.EX Primer Pyramid Silver Standard .59 .35 28 62' 2 Valley Copper 40.CO INDUSTRIALS 1725 305 MUTUAL FUNDS All Cdn Conn 673 734 Plairs Ail Cdn Divid 722 785 Pcnderay Explor Col Bre.v Kly IriDLst Wardair OILS Prp Exoicr e to .40 1 04 1 eo .42 .27 20 1275 12 75 .10 .13 2 45 9.25 3 00 25 1 B3 1 25 .25 86 AM Cdn Vent 3 65 4 97 Stampede Intl R-5S 1 C5 Toronto industrials 87 RlcftarOhon Securities of Winnipeg grain WINNIPEG With the exception of all com- modities were down the maxi- mum limits on light trading at mid session on the Winnipeg Commodity Exchange today. Barley had a fairly active half session but prices ranged from sevjn to 10 lower. All other commodities con- tifiued weak with all active months down the limits. Wednesday's volume of trade was bushel- of rape- of flax and of. rye. MID-SESSION Oct. 60 lov.-er Nov. 60 lower Dec. 60 lower May 60 lower j 9.53A. Rapeseed Sept. 20 lower Nov. 20 lower Jan. 20 tower March 20 lower 6.40A. Rapeseed Thunder Oct. 20 lower Nov. 20 lower I Dec. 20 lower 5 74 j May 20 lower S.85A. 1 Oct. 8 -lower l Dec. 8 lower May and i July not open. Oct. lower Dec. 10 lower May 7 lower July not open. Oct. 10 lower Dec. 10 lower May 10 lower July 50 lower 2.72A. Grain quotes Wednesday sis High Close Flax Oct 10434 Nov 5025 Dec 1013 May 1013 Rapeseed Vancouver Sep 658 Nov 661 Jan 662 Mar 665 660 660 Rapeseed Thnnder Bay Oct Nov Dec Oats Oct iDec 151 150'i i May i jly Barley I Oct 224 iDec 2264 i May I Oct' 274 2724 I Dec 275 May 2E3 280 Jly Beef Futures 6334 635 594 605 j ISOVi j 1E04 152 150 224 22414 i 225 I 225 1 2724 j 280 232 i i VICTORIA Canada should sign long-term wheat salss contracts and not hold back in hopes of higher world market says former federal trade minister Jean-Luc Pepin. He told to the agricultural institute of Can- ada's annual meeting here that two or three year contracts were not long enough to stabil- ize the situation for Canadian producers. The government should Ig- nore the teniptations created by the current steep rise in wheat prices and sign long- term because the price could go sharply lower after the current thort- age he said. He told the meeting Ma pro- posal for long-term contracts was controversial because pro- ducers naturally wanted tr. wait for higher prices and pur- chasers mainly China and Japan wanted to for lower prices. best prices lor both parties after be the best average price over long period of he said. It's natural for buyers and sellers to be concerned about he govern- ments should be more concern- ed with the elimination of the boom-or-bust d QuoTesI LAST BID OR SALE a.m. a m. Quolesl NEW YORK The stack market moved ahead to- which analysts said was primarily a technical recovery from a five-session decline. i MINES Acme Advocate Asb. Akaitcho Broulan Bethlehem Bovis Brunswick Can. N Land CariSda Tung. CessiBr Central Pal. Chimo Comvesf Cons. Rambler Ccin Lake Cochenour Craigmont DicUenson Mines Denison Mines D'Eldona Dome Mines Discovery M.r.es East Malsrtic East Sullivan Fslccnbridge Fro'oex First Maritimes Giant Y K. Granduc Hudson Bay K-S Hydrs Ex. Ircn Bay Iso Joiiet Quebec Kerr Acidison Key Anacon Labrador Lake Shsre Langis Silver Madsen R.L. Atelartic G F Martin McNeely Madntyre Meta V. dnm Inisrr Woqul N'j '.vest Homes Nov.' Athena Cslumet Noranda Northgate Pine Point 1 25 1.13 1SZS 205 495 S20 237 11 00 91 1 11 35 3.30 15 755 330 37 S3 1 25 3 75 1 EO 7525 66 6 05 375 2625 360 27.0 2.70 05 1 50 9j 16 E .16 Placer Dev. 27.50 Pax Exp. 2 JO Quebec Man 12 RayrocK 1 30 Radiore 33 Rio Algom Reman Corp 8 20 Sherrilt Gordon 15.50 Steep Rock 1 52 Telt Corp. 4.05 Texmcnt 25 Upper Canada 2 66 Western 3 20 W H Cop Mines 3 iS Wright Hargreaves 90 Willroy 1 01 Windfall .13 YellowRnlfe Bear 3 Zcnmsc .08'' INDUSTRIALS Anitici Sleel A'co Ind Atlantic Sugar Aqra Ind Bell Tcl_ EroZtl i rac B C Tel Burrs B C B.C Sugar Bow Val Cable CAE Ind Cdn Chemcell Col Cell Calcary Pov.-sr Coron Credit C W.N. Gas Cdn Ind Cdn Merconl Cdn Vickers Chrysler C P R Corr inco Ccns Ealh Dom Bridge Din-ilar Dam Tpxtilp Dom Slorps Dnme Pete Dofasco Glendale PFd 25 IS 7 12 50 6 9 75 Jl 00 1750 51 1575 17 75 33 50 lc 1C 121 j Jl 30 i1 1 2300 '00 1075 14.50 V 50 75 U 00 1.-E7' j rllj 37.73 21 67' i 675 U 35 37' 3 27.62' i 975 Grt Cdn Oil Gen Motors Grt Lakes Pp Gulf Oil Cdn Greyhound Hawker Sid Hiram Hur Erie Imp Oil Imasca Int Nickel Int Pipe Inv Grp A Int Util Ird Accept Kaos Kelly Dpuq A Latrentide Losb Met Stereo Massey Ferq McMillan Bloe Voo'e Ccrp A Ma I sons B N-cnurs N'c-t-1 -f Ceni Pcwer r-rp Price Pothmans St C'op S.iell CDA Simpscn's Simo Ses-s Steel of Cda A Texaco Treders Grp A Trans MTn Pp Trans Cda Pp Union Carb Urion Gss Umcn Oil United Sirccp Versjtile Mtg Weston's B V'oodV.'-rd's A West Cnn Seed Zenith Els' BANKS Cdn Imo Montreal Nova Scolla Tor-Dorn 7 85 61 .JO 2375 34.1 18.25 t.fa 5325 27.00 30.50 31 75 22.75 9 6.00 550 V 25 t 65 1775 22 12' 7 31 50 00 21 00 2375 7 50 9.571 j 11 on 15.00 143.5 20 11 -0 37' j 15.50 6650 19 62' 2 28 50 1625 053 16.00 585 675 1J 75 JO 75 21 S 75 315 3500 3375 WINNIPEG Live- beef futures close Wednesday. Sep 52.00A Nov Jan Mar 52.40B Tuesday's Nine con-1 tracts. l an 1003 4th Avenue Lelhbridga Telephone 328-4426 rccessincj OUR MODERN SOCIETY requires many rules if it is to survive in a lawful and orderly manner. In the 67 years during which Alberta has been a some of its laws have become unwieldy to difficult to understand. REGULATIONS exist within our Isws which require clarifi- and consolidation. A Select Committee of the Legislative Assembly hac recently been established to study the con- dition of Alberta Regulations and to report its findings to the Assembly. Public hearings on Alberta Regulations YOU ARE INVITED to attend the Public Hearings on Albeita Regulations to be held in Calgary on September at the Jubilee Auditor- ium Assembly Room... and in Edmonton on September at the Legislativa Room 312. IF YOU ARE CONCERNED about Alberta you are invhed to make public com- ments or present formal briefs on any specific Regulation or on the subject matter of Regulations in general. SUBMIT YOUR CONCERNS in where possible. However you may picscnt your submissions to the Committee in person at the Public Hearings. Recom- mendations on your submissions will be made to the Fall Sessions of the Legislativa Assembly. NOTICE OF YOUR INTENTION to attend the Hearings and to submit should be mailed Mr. Rusty Zander Chairman of the Select Committea of the Legislature on Regulations Room Legislative Building Alberta week's prior notice would he apprec- For further please contact Mr. Rusty Zander ar 429-4631. New Yorfe stocks By Richardson Securities of Amr T end Anaconda Bstti Steel Chrysler Ccmsat Dopant GM Gulf Ir.t Harvester Kep.n Copper Montgomery J77S Sears 20 75 X-Ron Texas Gulf 2J 19 Texas Co SO.lSVi Wickss Corp 15700 Woclworth 62V2 M Golds 264 37 off 2 15 SS.37VJ 10 Base Met 101.13 up 2i 62Vz 15 W Oils up .51 29.25 Volume YORK AVERAGES o300 Elec M.25 30 Indust 8il 23 up 933 2175 U.S 2850 JO Rails 152.93 up .'6 B7Vi Gen Tel Elec 27 87'2 15 Utilities up .06 iOOO TORONTO AVERAGES 05 SlocKS 260 60 Up 2.1S 'jrd 2J JO Indust 2U 21 up sa Volume ALWINSAL POTASH OF CANADA LIMITED Requires INDUSTRIAL MECHANICS and HEAVY DUTY MECHANICS Journeyman preferred with strong background in hydraulic.'. Applicants with similar related experience will be considered. BOILER AND DRYER OPERATOR Grade X or equivalent. Saskatchewan second class engineers certificate. Minimum of five yeais experience in boiler op- eration and related fields. Will accept third class under permit to operate as second class. Apply Industrial Relations P.O. Box 3100 Saskatchewan SDK 2MO Dr. and Mrs. Kuipers HOME FOR 3602 South Parkside Drive I Well built 5 bedroom family home with indoor pool and tropical 2 car garage with electric all draperies and many more luxurious features. Phone 328-4645. Sears Save to 16 Self-cushioned nylon with a textured pattern that stays looking 99 Reg. ea. Wherever you need a from living room to these pebbly-textured nylon pile beauties are the handsome cover-up. Ends are fully serged. And underneath there's a thick bonded layer of polyurethane foam. There's no extra undercushion And these rugs can be trimmed-to-fit. Choose from Moss Cocoa and Red. 9'xl2' Rug Reg. 63.98 12'xl5' Rug Reg. 107.99 Floor Faihioni Call our floor fashion consultant now. At Simpsons-Sears you work with R professional right in your own home. See get free estimate at no oblioition. 000-0000 Simpsons-Sears Ltd. STORE Open daily from o.m. to p. Thursday and Friday 9-00 o.m. to p.m. Village Telephone 378-9231 ;