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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - August 30, 1971, Lethbridge, Alberta Fractiona in marke Prices fractionally higher in cau-ious mid-morning trading on he Toronto slock market loday. On index, industrials were up 03 U> 176.07 and western oils .04 in 237.55. Golds dropped 1.50 lo 72.77 and base metals .10 lo 18.42. Volume hy 11 a.m. was shares, down from al Ihe >ame lime Friday. Advances held a slim lead iver declines, 08 lo 72, ivilli 150 ssues unchanged. Strongesl seclors were bank-ng real eslale, beverages and merchandising. Food processing, slecl, paper and forest and general manu-aclunng issues drilled fraclion-illy lower. Frtiehauf Trailer clim )ed I3i lo S.oull'.am Press to Moore Vj lo Roman 25 cents to 56.50, Bell lo and Bajik of Nova Scotia lo 527 Ineo rose lo S33ra, Price Vi Lo SB, IAC Vi to Slirti We.slern )ecalta 15 cents lo and BP Oil and Gas 10 cents to 57.00. Canadian Induslrial Gas and 3il dropped U lo SlfRi CP Lid ,i lo ?MU, MacMillan Bloedel ,'i lo Imperial Oi Vs lo ;287B and Palino 'B to Hudson Bay Mining losl 't lo Domtar '.i to SISVi. Belh-ehcm Vs lo 519'.4 and Tolal Pete five cents lo S7.IIO. LIGHT TRADE MONTREAL (CP) Inc'.'.slr -als arid banks moved ahead but utilities and papers slipped slightly in light morning Irading on the Montreal stock market oday. Combined volume on the Montreal and Canadian Slock Exchanges al 11 a.m. was 212.000 shares, compared with 450.300 al llic same time rriday. On index, the composite rose 31 lo iao.87, industrials .35 to 183.82 and banks .95 to 20JI.28. Utilities dropped .18 to 152.34 and papers .25 lo Financial CnlJeelors rose ".i fo Distillers-Seagrams to S55. Simpsons-Scars lo Szj'.z, Bank of Nova Scotia to TransCanada PipcLines to and Moore Corp. 'i to Canadian Pacific Ltd. dropped Vi to Canada Ce-menl to tHT'i and Trans Mountain Oil Pipe Line VA lo On Ihe Canadian exchange Pan American mines losl five cents to ?9.65 on shares. D.IA SLIPS NEW YORK CAP) Slock markel prices losl ground in today's moderate Irading as Ihe market held its period of consolidation. The noon Dow Jones average of 30 induslrial stocks slipped 37 to 907.20. Declines held a small lead over adfances on Ibc New York Stock I hike t prices Analysts said that profit-tak-ng was mild and only to be expected after the market's recent strong gains. At noon The Associated Press 60-stock average dipped .3 to 331.6. Oils and meUls were higher. Steels, aircrafts, and chemicals were lower. All other slock prices were mixed. Noon prices on the big board also included Union Corp. down I'.i at Penn Central, up al SG'A; Colt Industries, up Vi al and Gulf Oil, up Vi at 528'a Among Canadian issues Iraded on Uie NYSE, Dome Mines was down to Distillers Seagrams was up 14 to 55814. On Uie Amex, Brascaji Ltd. was doivn 14 to and Canadian Marconi fell to Vancouver, Cal; (Supplied by Dohcrly, K LAST BID i.m. QUDteSi e.m. WESTERN OILS Hugh Russe Alminex S.7S Husky Oil Alia East Ga> iM Husky Oil B Asnmera IB. 25 Husky Oil Wa Ashland 11. M In'er Prov P BP Oil Gai 7.00 In'er Prov s Can South S.M Joulcl Cdn Ex Gos i.m Kaiser Cdn Homestead 10.00 Kam Koda Cdn Home Pld 19 a'fi Lake rjulaull Cdn Ind Gas Oil lo.B7'A L Onl Porl C Cdn Long I] .63 MGF Manage Cdn Super Cen Del Rio 1475 Newconcn Charier i.BO Pacific Pele Chiellan 7.10 Rank Org Dome Pele Hold Dynamic Pele .92 She Car, Gt Plains 3.1.50 Shell Inv r-ld Lochlel 1.12 Shu.i Inv Wls Mill Clly Sicks Rainier New Cent .U Norlh Cdn Oil 6.80 Wesl See Numac 10 whlle Yuko" Pcrmo .52 Petrol 1.22 Acroll P nnacle .60 Barons Oil P ace Ga! 1.21 Com Pondsr .fl Mamson Rflnoer 12 Warner scurry Rain 18.12'A Spooner 1.79 Gas Tr Total 7.EO 7 a Ga: Tr L West Decalla 7.15 a "at Gas B8 MISCELLANEOUS fdn W Hal G INDUSTRIES H" G Aqra Ind e.87'4 Ga Alco Ind B.OO f B Aqualaine J7.37W Bril Utld 5.50 f" p Cdn Brew A Cdn Brew B 35.75 'r !rdn Cdn Hydro 14.75 ir Cdn occldenllal T.1" pnp Cdn Pacific Inv !3 75 Jr. Cdn P CPR Pld 11.50 WC Trans Crowsnesl Ind 23.50 Pac Cygnus A 5.B7VI MUTUAL Cygnus B 6.00 All Cdn Cor Cum Prop 1700 All Cdn Div Gl Cdn Oil S 5.10 All Cdn Vcn Gl Cdn Oil 6-75 100.00 Amr Gr F Home A AGF up dian corporations to speed up Ihe monthly payment of their estimated liabilities for corpora-Jon profits taxes. The monthly 'igures now are believed to re-lect more closely the level of activity among profitable firms on a monUi-to-month But In corporation income tax, coIJeclions this year are down from what they were a year ago. March and April are big months for corporations lo settle their lax bills, and collections in those two months this year totalled million, compared with 5630.2 million is the same mon'Jis fast year. Total collections in the first seven months of this calendar year were down, to billion from 51.66 billion in the January-July period last year. These figures appear lo indicate that coiporation profits arc nol recovering from their slump last year. On the basis of Ihe government's fiscal year ending March 31, collections of corporation profits taxes in 1970-71 were douTi 15 per cent, to 51.22 billion from S2.61 billion in climb for gas firm CALGARY (CP) Canadian Western Natural Gas Co. Ltd. had earnings of during Ihe six months ended June 30, an increase of from a year earlier. The earnings, after preferred share dividends, were equivalent to a common share with ?11.6 in Uie first half of 1980. Canadian Western, which serves customers In the southern part of the province, sold 45.4 billion cubic feet of gas during the first six months an increse of nine per cent. Gross income was up jary, Montreal oadhouse and McCuaig) on SALS DUOIBSI Quotwl IB 75 Corp In St Fd 5.13 S.81 17 IS Drcylm f- U.S. am Cr In ShBrei 3.87 r 7 20 Gr Equity t.n 7.05 pe 12.12'A Invest Gr F 10.85 11.87 Ml 7.00 Invest Mutual 5.33 5.B3 68 Mutual AC i.M S 00 Mutual Cr F 5.01 5.51 .a Nil Res "2 8.00 H N W Fin 4.57 5.02 m 2.31 N W Gr S.5S 1.75 Principal Or