Internet Payments

Secure & Reliable

Your data is encrypted and secure with us.
Godaddyseal image
VeraSafe Security Seal

Lethbridge Herald Newspaper Archives

- Page 25

Join us for 7 days to view your results

Enter your details to get started

or Login

What will you discover?

  • 108,666,265 Obituaries
  • 86,129,063 Archives
  • Birth & Marriages
  • Arrests & legal notices
  • And so much more
Issue Date:
Pages Available: 32

Search All United States newspapers

Research your ancestors and family tree, historical events, famous people and so much more!

Browse U.S. Newspaper Archives

googlemap

Select the state you are looking for from the map or the list below

OCR Text

Lethbridge Herald, The (Newspaper) - August 29, 1974, Lethbridge, Alberta Thursday, August LETHBRIOQE HERALD-2S The Herald Moderate TSE trade Business Stocks Miscellaneous Vancouver, Calgary, Montreal MIDLAND DOHERTY LIMITED WESTERN OILS AND MINES Afton Mines 3.05 Albany Oil .24 Alta East Gas 3.65 Alminex 4.40 Asamera 7.75 Ashland Oil 7.00 BP Canada 12.37 Brenda Mines 4.45 Cda Southern 2.15 Cdn-Export Gas 2.01 Cdn Homestead 2.90 Cdn Ind Gas Cdn Long Island .15 Cdn Superior 34.00 Chieftan Dev 4.50 Dome Pete 21.00 Dynasty 7.75 Nu Fort Reliance .17 Giant Mascot .60 Gibraltar Granisle 9.00 Great Plains 39.75 Grt Cdn Oil 5.75 Lochiel Explor 1.06 Lytton Minerals 1.20 North Cdn Oil 3.10 Numac Oil PanCdn Pete 8.25 Pan Ocean 8.50 Petrol 1.21 Pinnacle Piace Gas .23 Ponder .46 Ranger Oil 16.00 Scurry Rain Seibens 8.00 Spooner Total Pete 5.75 Ulster Pete .69 United Canso 10.50 West Pete 2.30 West Decalta 4.00 MISCELLANEOUS INDUSTRIALS Acres Ltd Aquitaine BC Sugar C Pfd 12.50 Block Bros 2.65 Canbra Foods 2.60 Cdn Pac A Pfd 24.75 Cdn Pac Inv Carling A Pfd 17.00 Carling B Pfd 20.00 Com Capital 1.60 Crest Forest 3.00 Falcon Copper 8.37 Vi F M Trust 3.10 Genstar 16.00 Home Oil A 26 50 Home Oil B 24.00 Hudson Bay Co Hud Bay Oil 24.50 Hud Bay Oil A Ptd 40.00 Hugh Russell C Pfd 58.00 Husky Oil Husky Oil B Pfd 32.00 Husky Oil E War 4.75 Inter Pipe War 1.75 Inter S P Kaiser Res 3.35 Kaiser Res War 1.30 Loblaw C Pfd 22.25 Magnasonics 1.65 Pac Pete 17.50 Pac West Air PeBen Oilfield Rainer Inc Royal Trust Teledyne Trimac Westfield Min Weston A Pfd Whitepass Yukon PIPELINE STOCKS Alta Gas A Alta Gas Pfd Alta Nat Gas Gaz Metro Gaz Metro A Pfd Inland Nat Gas N C Gas N C B Ptd Pac Gas Trans Tr-Cda Pipe Tr-Cda A Pfd Tr-Cda B Pfd Tr-Cda Pipe War West Trans West Trans War 3.00 2.50 17.75 3.85 3.40 .60 46.00 6.50 10.50 54.00 17.25 5.25 55.00 11.00 10.00 18.00 7.75 8.50 46.25 28.00 .75 17.00 1.35 CALGARY Acroll .29 Barons Oil .06 N. Continental .02 Western Warner .21 Vz VANCOUVER MINES Bathurst Norsemines .77 Cima Resources .75 Dankoe 2.30 Davenport .32 Lornex 5.75 Northair Mines 1.40 Primer Pyramid .07 Silver Standard 1.06 Valley Copper 5.50 INDUSTRIALS Key Industries .06 OILS August Petroleum .20 Plains Pete .11 Stampede Int'l Res .54 MUTUAL FUNDS All Cdn. Compound 4.88 5.30 All Cdn. Dividend 5.09 5.53 All Cdn. Ventures 2.39 2.60 Amer Growth Fund 3.54 3.89 A.G.F. Special 1.79 Cdn. Invest Fund 3.90 4.27 Eaton Comnwlth 11.29 Eaton Leverage 2.59 Eaton Int'l Venture 4.65 Corp Investors 4.99 5.48 Corp Invest Stock Fund 3.71 4.08 Dreyfus Fund U.S. 7.73 8.47 Grouped In Shares 2.49 Growth Equity 5.10 5.60 Invest Growth Fund 9.63 10.53 Investors Mutual 4.62 5.05 Mutual Accum 5.08 5.58 Nat Resources 3.66 4.02 N.W. Cdn 4.34 4.76 N.W. Growth 3.44 3.78 Principal Growth 3.25 3.57 Provident Mutual 6.06 Royfund 5.00 5.21 Templeton Growth 6.49 7.11 United Accum 3.60 3.96 Universal Savings 6.72 7.39 Vanguard 4.04 4.43 Toronto mines, industrials (Supplied by Richardson Securities of Canada) MINES Acme .08 Advocate Asb. 1.01 Akaitcho 1.65 Bralorne 1.11 Broulan .47 Bethlehem Bovis 1.25 Brunswick 3.85 Can. NW Land 2.95 Canada Tung. 4.00 Cassiar 4.80 Central Pat. .95 Chimo 1.17 Conwest 3.25- Cons. Rambler 2.64 Coin Lake Cochenour 1.21 Craigmont 4.35 Dickenson Mines Denison Mines 40.50 D'Eldona .30 Dome Mines 51.50 Discovery Mines 1.20 East Malartic East Sullivan 2.25 Falconbriage Frobex .15 First Maritimes .32 Giant V.K. 10.00 Granduc 1.65 Hollinger "A" Hudson Bay A 16.50 Hydra Ex. .55 Iron Bay 5.00 Iso 1.01 Joliet Quebec .20 Kerr Addison 10.75 Key Anacon .26 Labrador 28.50 Lake Shore 4.80 Langis Silver .08 Madsen R.L. .92 Malartic G.F. 1.15 Martin McNeely Maclntyre Mela .10 Midrim .13 Intern Mogul 4.35 NuWest Homes 5.00 New Athona .17 New Calumet .18 Noranda 34.25 Northgate 4.25 Norlex .22 Pine Point 29.75 Placer Dev. 15.25 Pax Exp. 1.20 Quebec Man .13 Rayrock .82 Radiore .19 Rio Algom 26.75 Roman Corp. 8.00 Sherritt Gordon 8.00 Steep Rock 1.21 Sunningdale 4.25 Tek Corp. A 2.65 Texmont .15 United Canso 10.25 Western Mines 2.22 WH Copper Mines 2.95 Wright Hargreaves 1.65 Willroy 1 70 Windfall .10 Yellowknife Bear 2.15 Zenmac INDUSTRIALS Abitibi 9.75 Alcan 27.62VJ Algoma Steel 25.75 Atco Ind 12.00 Agra Ind 4.70 Bell Tel 42.50 Brascan A BC Tel 50.25 Burns 10.00 BC Forest 10.75 BC Sugar 18.25 Bow Valley Ind 13.25 Cable CAE Ind 6.25 Cal Power 19.50 Canbra Foods 2.60 Can Cellulose 4.50 Carling O'Keefe 2.23 Chemcell 4.90 CWN Gas Pfg 8.00 Cdn Ind 19.75 Cdn Marconi 2.85 Cdn Vickers 13.00 Chrysler 11.75 CPR 12.37Vz Cominco 26.00 Cons Bathurst 26.50 Cons Gas 14.25 Dist Seagrams Dom Bridge 38.50 Dbmtar 21.75 Dom Textile 8.50 Dom Stores Pete Dofasco 25.50 Glen Mobile 2.35 Grt Cdn Oil 5.75 Gen Motors 36.75 Grt Lakes Paper 17.00 Gulf Oil 24.87V2 Greyhound Hawker Sid 4.40 Hiram Walker A Huron Erie 17.25 Imperial Oil A 27.50 Imasca A 21 50 Int Nickel 25.50 Int Pipe 12.50 Inv Grp A 6.00 IU Int'l I AC Ltd Jannock Kaps 2.01 Kel Douglas A 4.75 Laurentide Loeb 2.80 Loblaw A Metropolitan 8.25 Massey Ferg McMill Bloed 23.62V: Moore Corp A 17.25 Molsons B 17.50 Nachurs 4.65 North Cent 10.00 Peyto 3.20 Power Corp 9.25 Price Co 12.00 Rothmans Shell CDA 12.75 Simpsons 6.25 Simp Sears 9.37% Steel Can A Selkirk A 11.00 Texaco 32.50 Trad Grp A Trans Mtn Pipe Trans Can Pipe 8.50 Union Carbide 18-50 Union Gas Union Oil 7.50 United Siscoe 3.00 Versatile Mfg 3.85 Westeel 17.62'Xz Westons 23.00 Woodwards A BANKS Can Imperial 20.75 Montreal 13.50 Nova Scotia 32.00 Royal 27.00 Tor Dom New York (Supplied by Richardson Securities of Canada) Amr. T T 42.25 Woolworth 11.00 Anaconda 17.00 Westinghouse Elec 10.50 Beth Steel 27.50 US Steel 41.00 Chrysler 1212Vi Gen Tel Elec Comsat TORONTO AVERAGES Dupont 113.75 20 Industrials 166.34 down 1.10 General Motors 37.25 20 Golds 444.71 up 6.86 Gulf 17.25 10 Base Metals 68.77 down .97 Int Harvester '5 Western Oils 148.52 down .33 Kenn Copper 27.25 Volume Montgomery Ward NEW YORK AVERAGES Sears 55.12% 20 Industrials 662.07 down 4.53 Exxon 6787% 20 Rails 138.03 down 1.16 "exas Gulf 26 75 15 Utilities 61.06 down .89 oxasCo. 65 Stocks 202.70 down 1.68 Wix Corpn 10.25 Volume Stock prices continue drop TORONTO (CP) Prices on the Toronto stock market were sharply lower in moderate mid-morning trading today. The industrial index fell 1.04 Winnipeg grain WINNIPEG (CP) Most com- modities were firm to higher at mid- session on the Winnipeg Commodity Exchange today in a moderate trade. November Thunder Bay rapeseed was offered at a bushel, 22 cents higher than the previous close, but it had not opened by mid-session. Wednesday's trading volume was 114.000 bushels of feed wheat. 448.000 of feed oats. 2.976.000 of feed barley, 000 of corn. 495.000 of rye. of flax. 1.429.000 of Vancouver rapeseed. There was no trading in Thunder Bay rapeseed. Mid-session prices: Thunder Bay pareseed: Oct., Dec. and May not open. Nov. 22 higher Vancouver rapeseed: Sept. one higher 8.40A: Nov. not open. Jan. five lower 8.24'zA: March one lower 8.03A. Klax: Oct. unchanged 10.75A; Nov. not open: Dec. unchanged 10.26B; May unchanged 10.00B. Keed wheat: Oct. two higher 4.13A; Dec.. May and July not open, Corn: Dec. unchanged 3.75A; March unchanged 3.78A; May unchanged July unchanged 3.86B. Barley: Oct. higher 3.08'Xi; Dec. Hi higher July not open. Oats: Oct. two higher Dec, higher 1 82; May and July not open. Rye: Oct. I1i higher Dec. 'A higher 2.83A; May higher July one higher 2.89B. Grain quotes Wednesday basis Lakehead: High Low Close Flax Oct 1075 1050 1075 Nov 1053 1032 1052 Dec 1046 1010 1026 May 1000 Rapeseed Thunder Bay Oct 83? Nov 814 Dec 791 May 807 Rapeseed Vancouver Sep 846 822 839 Nov 842 814 839 Jan 830 808 829 Vz Mar 806 790 804 Corn basis Montreal Dec 375 372 375 Mar 378 375 378 May 382 Jly 386 Rye Oct 288 281 287 Dec 283 Vz 277 May 291 286 Vz Jly 288 Barley Oct 307 Dec 302'.i 301 301 May 307 Jly" 305 Oats Oct 181 Dec 181 Vz May 184 Jly 190 Feed Wbeat Oct 411 Dec 415 May 422 Jly 426 to 166.40, base metals .80 to 68.94 and western oils .96 to 147.89. Golds rose 5.59 to 443.44. Volume by 11 a.m. was 000 shares compared with shares at the same time Wednesday. Moore lost to Canada Permanent Mortgage to Cominco Vz to Shell Canada to and Noranda A to Placer was down 1 to Giant Mascot 14 cents to 51 cents and Cuvier five cents to 83 cents. United Canso fell V2 to Total Pete to and Cana- dian Homestead 10 cents to Canadian Tire A gained to Dickenson to Pamour V8 to Malartic five cents to and Pan Ocean Vg to Market trends MONTREAL (CP) Prices were lower in light trading on the Montreal Stock Exchange today. Volume at a.m. was 385.300 shares, compared with shares at the same time Wednesday. The bank index was the only sector to remain above previously set 1974 lows in early trading. Banks fell 2.11 to 210.77. utilities 1.21 to 120.64, the com- posite 1.19 to 170.98, industrials 1.05 to 178.95 and papers .32 to 106.72. Domtar fell to Moore H to Simpson's Ltd. Vi to Crush International 'i to Alcan VB to i and Bank Provincial Canada while Zeller's Ltd. rose Vi to BP Canada to and Price Vi to Among speculative issues. Probe Mines rose one cent to 52 cents after trading 12.000 shares. VANCOUVER (CP) Prices were up in light trading Wednesday on the Vancouver Stock Exchange. Volume at the close was shares. Among industrials. Venture was unchanged at .40 on a turnover of shares. Athabaska fell .10 to on shares. EDP Industries was unchanged at .07 on Computrex was unchanged at .30 on Block Bros, was up .05 at and Burrard Mortgage was unchanged at Most active issue in the mines was BXD, up .06 at .78 on shares, Barrier Reef was up .01 at on 62.200 shares. Anglo-Bomarc rose .07 to .72 on BXD Developments A rose .03 to .42 on shares. Silver Standard was up .01 at 1.06 and Cypress was up a half cent at .35. In the oils, Cop-Ex Mining was down Calgary Livestock CALGARY (CP) Receipts to 11 am Thursday from the Calgary public stockyards totalled about 1.150 head, mostly slaughter steers and cows. Trade was moderately active on steers and heifers, dull on cows. Slaughter steers sold steady for kind, with high yielding steers scarce. Steers weighing under 1.000 pounds were discounted Young fed bulls sold under pressure at discounts of with some sales more. Heifers sold steady, quality and con- dition considered, with Al and A2 heifers scarce. Cows met a narrow demand at bare- ly steady prices. Heifer kinds 30-34. bulls were steady. Steers Al. A2 49.50-51. A3 48-49. Heifers Al. A2 42-43.50, A3 40-42. Cows Dl. D2 22-23. D3 20.50-22. D4 16-20. Bulls 26-30. Replacement cattle were Chicago markets CHICAGO (AP) After two days of declining prices, farm commodities generally improved on the Board of Trade Wednesday. The internationally traded commodities also improved. Livestock and pork belly futures closed on lower tones, while shell eggs were mixed. The turnaround in prices was not entirely unexpected. Grain futures fluctuated nervously for about two hours in an uneven pattern. The weather, possibilities of improved production, lessening exports and domestic usage in the United States all appeared to have been taken into consideration at every point prices made moves. The market also appeared to have been somewhat oversold, since prices were at limits or near-limits lower the last two sessions. There were a couple of buying spurts before mid-morning, then the European Economic Community announced it would cut feed grain imports from the U.S. to assure more adequate supplies for domestic users of grains. Futures prices fell. However, in the last hour, new buying developed and. accompanied by short-covering, soybeans, soy oil and meal and oats advanced to limits. Corn and wheat also improved sharply. Silver, copper and cotton futures also responded to renewed buying after some weakness. Wool futures, world sugar and orange juice futures also improved. Cocoa, coffee and Maine potato futures declined. At the close on the Board of Trade, soybeans were up 20 cents a bushel. Sept. 7.47; Chicago wheat 4 to 8 higher, Sept. 4.31: Gulf wheat not traded; corn 3 to 7 higher. Sept. 3.53: and oats were 2 to 6 higher. Sept. 1.60'i Grain quotations Wednesday: Wheat: Sep 4.31: Dec 4.44; Mar 4.56; May 4.50; July 4.30. Gulf hard'red Sep 4.54; Dec 4.60; Mar 4.67. Corn: Sep 3.53: Dec 3.50; Mar 3.55: May 3.58; Jul 3.58, Oats: Sep 1.60'A; Dec. 1.61; Mar 1.66: May 1.69. scarce. A few short keep steers weighing over 750 pounds were offered. There were insufficient stock calves sold early to establish a market. Good feeder steers over 750 pounds 35-43. Hogs base price 51.05. Hog prices EDMONTON (CP) Prices to 11 a.m. Thursday provided by the Alberta Hog Producers Marketing Board. Wednesday's prices in brackets. Edmonton: 51.15 Calgary: 51.05 Lethbridge: Nil Fort Madeod: Nil Hogs sold to 11 a.m. 658. hogs sold Wednesday 5.411. Average 51.17, sows average 29.15. Dollar value MONTREAL (CP) U.S. dollar in terms of Canadian funds at noon today was down 3-50 at 18-25. Pound sterling was down 16-25 at 83-100. In New York, the Canadian dollar was up 7-100 at 31-100. Pound sterling was down at 4-5. DUNLOP FORD APPOINTMENT Mr. D. L. Dunlop, President of Dunlop Ford is pleased to announce the appointment of Mr. Arvin J. Hansen as Re- tail Automotive Salesman as of Sept. 1. 1974. Arvin has been in the automotive industry for 26 years and has a wealth of knowledge in this field. He would like to welcome all his former customers to come and see him for all their automotive needs. ARVIN HANSEN FOR D CORNER 16 AVE. and M.M. DRIVE SOUTH MUST SELL 1504 ST. BASILS ROAD Beautiful new 3 bedroom split entry home, sliding glass doors to covered patio, 1070 sq. ft. Large lot. Clear title, ready for immediate possession. NRS 432. OPEN HOUSE-FRIDAY 5-9 p.M. SATURDAY-2-4 p.m. Phone LES MARTIN 328-2464 or 328-2356 BLOCK BROS. WITH THIS HOME YOU WILL RECEIVE A COLOR TVI Government urged to call conference on inflation .01 at .20 on shares. Monterey A was down .01 at .10 on shares. Seneca Developments was up .04 at .77 on 7.000 shares. Payette was unchanged at .37 on August Petroleum was down .04 at .20 on Payette Warrants were unchanged at a half cent. Volume on the curb exchange was Cadet Resources was up .02 at .17 on shares. Santa Sarita rose to ,45V2 on shares. Thor Explorations fell a half a cent to on 22.700 shares. Mission Mines was down .02 at .93 on Wetland was up .05 at .25 and Dasher was up .01 at .34. NEW YOKK (AP) The stock market faltered again today, continu- ing its severe slide of the past three weeks. The noon Dow Jones average of 30 in- dustrials was down 4.53 to 662.08 and losers led gainers 5 to 2 in light trading on the New York Stock Exchange. Analysts said frustration over infla- tion and concern about prospects for the economy in general continued to grip the market, leaving investors with little expectation of any significant technical rebound before the approaching three-day Labor Day weekend. The NYSE's composite index of all listed common stocks was down .14 to Among Canadian issues on the NYSE. Dome Mines rose to Seagrams Alcan and Massey Ferguson to Maclntyre remained unchanged at and Inco at while Canadian Pacific fell i to TORONTO (CP) The chief spokesman for the Cana- dian manufacturing industry Wednesday called on Prime Minister Trudeau to convene a top-level national conference on inflation within the next six weeks "to underscore the urgency of the problem." Walter R. Lawson, presi- dent of the Canadian Manufac- turers' Association, deviated from a prepared text of a speech to a Canadian National Exhibition luncheon in making the proposal. Mr. Lawson said the conference should include leaders from the business community, organized labor and senior federal cabinet ministers. Inflation has reached such proportions "that it now threatens our whole economy and national standard of living" and such a conference would focus public attention on the gravity of the situation. In a text of his speech prepared for the luncheon, Mr. Lawson said the concentration of ownership in the hands of large institutions has led the average Canadian to believe that he doesn't have a proprietary stake in the system at all." He said the situation "is one of the most serious deficien- cies in our present system." Gas9 oil drillings Sugar price hits up sughtly high LONDON (AP) The London daily sugar price jumped today to a all-time a news that Britain's domestic beet sugar production also was in trouble. The previous high was Tues- day when it reached a ton. The new spurt caused trading to halt on future months at limits up. This means that until midday Fri- day transactions for December deliveries were halted at a ton. But cash deals for im- mediate deliveries, not Gas firms sign pact CALGARY (CP) Pan Alberta Gas Ltd. and West- coast Transmission Co. Ltd. today announced signing of a contract which will allow Wfetcoast to purchase gas from Alberta to avoid short- falls in supply during coming winters. D. B. Smith, vice president and general manager of Pan Alberta, said the contract will provide the first direct link between pipeline systems in British Columbia and Alberta. Price and terms of the three-year contract were not released. affected by the limits or restrictions, were going ahead and at one time prompt sugar was being traded at a ton or the equivalent of 37.30 U.S. cents a pound. World sugar around 18 to 19 million tons- are down to about 14 million tons, traders said. Gas company earnings dip CALGARY (CP) Cana- dian Western Natural Gas Co. Ltd. reports net earnings of for the first half of 1974, compared with earnings of one year ago. Natural gas revenues climb- ed to from 000 one year ago, higher costs for gas, operating and maintenance and taxes cut into the increase to force the lower earnings. HOUSTON (AP) Drilling for oil and gas was up slightly in the United States and Canada in the week ending Monday, the Hughes Tool Co. said Wednesday. In its weekly survey of drilling, the company said a total of rotary drills were working, compared with 1.657 the week before a year ago. Total active rigs in the United States was up from the week before and last year, the com- pany said. Hearing ends RED DEER (CP) The Alberta public utilities board concluded hearing Wednesday into an application by Alberta dairy processors and dis- tributors for an increase in the minimum price of fluid milk in the province. The board said it would hand down a decision when all the evidence presented has been reviewed. ]cttcttron OE 1003 4th Avenue South, Lethbridge Telephone 329-4426 V, roccssing 'ervtccs f -j