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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - August 31, 1973, Lethbridge, Alberta Miscellaneous quotations Montreal by McCaaig LAST BID OR SALE a.m. a.m. J.m. TSE oil stock prices up WESTERN OILS AND MIMES Albany Oils Aita East Gas Alminex Asamera Ashland BP Canada Brenda Mines Can South Cdn Ex Gas Cdn Homesld Cdn Ind Gas Oil Cdn Long Is Cdn Super Charter Oils Chiettan Dome Pete Dynasty Fort Reliance Giant Wascct Granisle Gt Plains Gt Cdn Oil S Lcchiel Lytton Min Noble Ncrth Cdn Oils Numac Pancdn Pete Pan Ocean Petrol Pinnacle Place Gas Ponder Ranger Oil Scurry Ram 52'tens Scooner Total Pete Ulster West Pe'e W. Decslta 1.09 8.15 4.65 11 50 12.25 710 3'25 7.40 775 .17 55.25 35 50 9.50 78 3.20 10.00 30.00 7.85 270 2.15 1.11 7.05 17.50 14.75 1S.50 1 29 .21 .58 21 00 720 .83 6.00 6.65 MISCELLANEOUS INDUSTRIES Alaskans to get preference on oil pipeline construction Alaska Alaska officials say their Dwn unemployed will be able to jobs created by construction 35 the trans-Alaska oil pipeline. An estimated jobs will become available when con- struction on the 789-mila line between North Slope oil fields taxpayers won t break OTTAWA Four per-1 tax bill. Slacking pipe Workers as a crone stacks sections of 48- inch pipe being stored for use in the proposed trans- Alaska pipeline. State and labor officials fear that Al- aska will be deluged by job-hunters for whom jobs may net be available when the pipeline project Acres Ltd Aquitaine BC Sucar Pfd Block Bros Cdn Brew A Cdn Brew B Cdn Pacific Inv Crestbrook Ind Crowsnest Ind 1375 14 00 270 25.00 2950 30.75 900 28.00 Cygnus A Cygnus B Falcon Cooper F end M Trust Genstar Comm Home A Home B Hud Bay Co Hud Bay Oil Hud Bay A Pfd Hugh Russell Husky Oil Husky B Pfd Husky D War Husky E War Hys cf Canada Inter Prov Piee Inter Prov Steel Kaiser Res Loblaw C Pfd MacpESonics Pcdfic Pete West Air Pe-Ben Oilfield Rainier Inc Royal Trust Com Ceo Ccrp Sardwcll Teledyne West Cdn Seed West fie Id Min Weston A Pfd White Yukon PIPE LINE Alls Nat Gas Alta Gas Pfd Alta Nat Gas Inland Nat Gas N and C Gas N and C B Pfd Pacific Trans Gaz Metro Metro A Trans Can Pipe Tr Can A Pfd Tr Can B Pfd Trans Can War WC Trans WC Trans War 7.7S Amr Gr F AGF Special 13.75 Cdn Invest F 5.50 Col Mutual Cir.nw Inter 44 00 Cm.-.w LEV 47.00 Cmr.w 44.371'j Corp Invest 1750 Ccrp In St F 50.50 Dreytus F 57.0o 05reat Pacific 5000 Gr In Shares Gr Equity 41 62V3 Gr F 9.15 Invest Mutual 11'35 Mutual Ac 30 Mutual Gr F 7'80 Nat Res 12 N Ccn N W Gr Principal Gr Royfund Temp Gr United Ac Universal Sav Ur.ivest 27.50 800 31 75 9.50 4 15 5.50 1 23 60.00 10.25 21 15 11-75 4.20 64.00 5525 39.00 625 17.50 355 5.45 5.99 2.84 5.05 5.M 5.S1 6.37 14 M 16 11 3.31 7.22 7.93 6 20 6 81 5.12 5.63 U S. 10.78 11.81 -4.67 5.11 3.40 3.74 7.63 8.38 2.32 13.53 5.63 638 5.94 3.62 3.99 J 95 5 44 5 67 6.23 5.02 5.52 4 45 4 BB 66 6.53 8.43 9.24 -518 569 7.91 8.69 6.00 6 59 rd 6 32 6 93 CALGARY .59 Barons Oils .04 Western Warner .34 VANCOUVER MINES Aftsn B.75 Atlas Explcr 35 Bath Ncrse 1 .53 .28 13 so w B BO Dolly Varden Editorial Res Gioraltar Lornex Primer Pyramid silver Standard 29 62Vi Valley Copoer INDUSTRIALS Col Brew 3 15 Key Indusf 24 Wardair 1 95 OILS MUTUAL FUNDS Prp 1 OS Ail Com 6.90 7 50 Plains Pete 27 AM Divid 7 37 5.01 Exolor All Cdn Vent 3 67 3 99 Stampede Intl Res 1.M and the port of Valdez gets un- der way. But that work won't start un- til after the first of the year at the earliest and under stale lew Alaskan residents will ba given I ls 9lven green hiring preference. An unem- ployment rate of 10 per cent _ among Alaskan workers under- j scores that need. al11 hopeful job-seekers from out-of-state are already flooding Wir.nipeq grain the market. used to get one or two Toronto industrials By RicfiarAson Securities of LAST BID OR SALE a.m. ell a.m. a m. Quotesi TORONTO Prices on the Toronto stock market moved higher in light mid- morning trading today. The industrial consid- ered the major indicator of market was up .19 to golds .33 to 260.03 and western oils 1.14 to 253.27. Base metals .18 to 101.22. Advances were slightly ahead of 101 to and 171 Issues remained unchanged. Volume at 11 a.m. was shares compared with at the same time Thursday. Oil food processing and banks showed increases among the industrial sub-indexes. Eight of the l-i in- dexes led by commu- trust and loan and steel. TransCanada PipeLine S2.65 preferred gained 1 to Ash- land Oil to B.C. Sugar Vz to Canadian Canners to and Aquitaine to Slater Walker fell io United Tire one cent to one life Investors 20 cen's to MTS International three cents to 61 cents and XSI Mar- keting five cents to S1.70. Mindamar Energy was up 30 cents to Noble Mines 23 cents to Pacific Copper five cents to PanCanadian Petroleum to and United Canso Oil to Tara Exploration dropped to Oakwood Petroleums seven cents to S2.30. Dec I a Re- sources five cents to S7.95 and Newnorth Gold one-half cf one cent to cents. composite .05 228.33 while pa- pers declined .49 to and industrials .01 to 247.00. On the Montreal Stock Ex- TransCanada PipeLines advanced to Pacific Petroleums 3s to and Con- solidated-Bathurst to while Petrofina Canada de- clined iVt to and Thomson Newspapers Vz to On the Canadian Stock Ex- Cuvier Mines rose five cents to on a volume of 900 shares iraded. NEW YORK Prices on the New York Stock Ex- change slipped off today after early fractional gains in slugg- ish pre-Labor Day trading. The Dow J6nes average of 30 industrials was off .33 at 881.70 at noon. Among Canadians on the New York Massey Fergu- son was down Vs at Inter- national Nickel at and Canadian Pacific at S16Ji. Alcan was unchanged at S33''s ar.d Mclntyre unchanged at 2. 1 Grain quotes i CHICAGO _ Grain quotations Sep Dec Mar May Jul 3.58. Sep Dec Mar May Jul 2.53. Sep Dec Mar May Jul 1.18- WINNIPEG Trade sons who paid no Canadian in- come taxes on nearly mil- lion they earned in 1971 won't get such a big tax break on the 1972 returns they filed tins a government spokesman said Diursday. Tightened rules on business which allowed the tour to write off and wipe out their federal tax liabil- will sharply reduce the building of to es- cape paying income added the spokesman for the national revenue department. these fellows were in was the real estate ne said. The spokesman explained that inder previous rules applying .0 1971 an individual use depreciation allow- ances and other real estate de- iuctions to pile up a large pa- ser loss and apply it against. Dther income to wipe out their In the case cf the four 1371 whose names are confidential under income tax the losses were applied to wipe out taxes on all other in- including in wages and in other business in in bank in- terest and in foreign in- vestment income also wrote off in credits or taxes paid to foreign govern- Under the new regulations that went into effect in 1972. such real estate losses cannot be applied to wipe out tax lia- bility on other income such as wages and salaries or dividends and interest. Such a loss now can only be applied to reduce the real es- tate income to leaving the individual still subject to taxes on other the spokesman said. inquiries about the says Gus business manager of Laborers and Hod Carriers Local 341. now was moderate in good action on the Winnipeg Commodity Ex- change at mid session today. Rapeseed eased but rye was all of a sudden 1 find these showing strength. strange faces in the hallway looking for work. is a heckuva time lo come up here. We have a large percentage cf our membership here who are out of The Alyeska Pipeline Service the firm that plans to build the hot-oil says it's receiving 15 to 20 tele- phone 10 to 12 walk-ins and 35 to 40 letters a day from outside job-seekers. Director Lee Dalby of state employment security divi- sion says his agency tells out-of- Thursday's volume was 000 bushels of flax. of rye and of rapeseed. MID-SESSION PRICES Oct. 50 higher Nov. 35 higher Dec. 32 higher May 27 higher 8.74B. Rapeseed Sept. lower Nov. 11 lower Jan. 15 lower 5.62B. March 15 lower 5.62. Rapeseed Thunder Oct. the 3 lower Nov. unchanged Dec. unchanged 5.10A. May 1 lower 5.22A. state job-seekers bluntly that Oct. higher the pipeline is not under con- Dec. 5 higher May 1 struction and won't be until per-1 lower 1 July not open. mits are issued. That won't Oct. 47S lower 2.35B. MINES Acme Advocate Asb. Akaitcho Bralorne Broulan Bethlehem Bovis Brunswick Cen N W Land Canada Tung Cassiar Central Pat. Chimo Ccnwest Cons Rambler Coin Lake Cochenour Craigmont Dickenson Mines Demson Mines D'Eldona Dome Mines Discovery Mines East Malarhc East Sullivan Falconbridge Frocex First Giant Y K. Granduc Hollmger Hudson Bay M S Hydra Ex. Iron Bay Iso Joliet Quebec Kerr Addison Key Anacon Labrador Lake Shore Langis Silver Madsen R L Malartic G F Martin McNeely Maclntyre Meta Midrim Intern Mogul Nu West Homes Now Alhcna New Calumet Noranda Northgate Norlex Osisko Pine Point 1.1S 1.15 210 ..'.OV2 1475 1. 15 500 S 10 241 11 00 1 00 1 10 465 335 .14li 96 7.60 3.20 38.12V2 .-13 B3 00 1.20 3 90 JO .61 825 3.65 50 2600 .23 3.60 2. 10 32 -U mi 2 65 05 1.21 .95 .29 5250 -15'A 14 1325 S 62V2 .U .25 51 75 6.00 28 .23 34 Placer Dev. Pax Exp. Quebec Man Rayrock. Radiore Rio Algom Reman Ccrp. Sherritt Gordon Steep Reck Tek Corp. Texmcnt Upper Canada Mines W H Cop Mines Wright Hargreaves 90 Willroy 1.05 Windfall 13 Yellowknife Bear 4.15 Zenmac .09 INDUSrRlALS 33 28.25 8.50 15.50 1 il .25 2 65 3.10 3 20 Abltibi Alcan Alaoma Steel Atco Ind Atlantic Sugar Agra Ind Beil Tel Brcjzil Trac B.C. Tel Burns B.c E C. Sugar Bow Val Ind Cable CAE Ird Cdn Brew Chemcell Col Cell Calgary Power Corcn Credit C.W.N. Gas Pfd Cdn Ind Cdn Marconi Cdn Vickers Chrysler C P.R Cominco Ccns Bath Cons Gas Dist Seagrams Dam Bridge Domtar Dem Textile Dom Stores Dome Pete Dofasco Glendale 11 75 33.25 18.13 2700 Grt Cdn Oil 2.35 Gen Motors Grt Lakes Pp 1.20 Gulf Oil Cda Greyhound Hawker Sid Hiram Walker Hur Erie Imp Imasca Int Nickel Int Pipe Inv Grp A Int Util Ind Accept Kaps Kelly Doug A Laurentide Lcen Loblaw A Met stores Massey Ferg McMillan Bloe 12.62i'2 Moore Corp 6 50 Wdsons A 1C 12Vi Molsons B Nachurs 17 37V'3 North Cenf Power Corp 1550 Price Co. IB 50 Rolhmans 21 00 St. Law Corp 34 37i'a Shell CDA 1600 Simpson's 10 00 Simp Sears 4 45 steel of Cda d5 Selkirk A Texaco 23 Traders Grp A 2 05 Trans Mtn Pp 10.75 Trans Cda Pp 14 Union Carb i 00 Union Gas Union Oil United Siscoe Versatile Mfg Westeel Weston's B 15 00 Woodward's A 43.87Vi West Cdn Seed 38.50 Zenith Elec 21.37VJ BANKS 850 Cdn I mo 1-150 Montreal 35 50 Neva Scotia 28 Royal S.62V3 Tor-Dom 2000 23.75 1625 32.25 7.B5 6350 2400 37.25 1812V2 54 25 27.00 4400 30.12V2 32.00 22 P.I 24 00 1662V2 525 11.25 435 5.50 1600 22.75 31 3225 75 7.75 950 11 00 14.62V3 14.00 20 12V'j 2C75 fi.25 11 00 30. '0 1575 6S50 17.75 1925 29.25 16.75 975 1575 635 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 p.m. was 163.5UO compared with shares at the same time Thurs- day. Banks advanced .46 to utilities .05 to 140.72 and the Dollar value MONTREAL U.S. dollar in terms of Canadian funds at noon Friday was up 1- 25 at 23-50. Pound sterling up 11-50 at 23-100. In New the Canadian dollar was down 3-50 at 12- 25. Pound sterling up 7-100 at 19-20. CAREERS 2325 5.50 315 30.75 IE 62i3 3400 34.15 For you happen until a congressional conference settles differences in Senate and House of Represen- tatives bills authorizing the lino. State and union officials say i. is impossible to determine just how many workers are ar- riving from outside Alaska w the hope of landing job on the big project. Dec. not May- Hi lower July not open. Oct. 10 higher Dec. 10 higher May 10 higher July not open. Grain quotes Thursday High Low Close Flax Oct 863 835 850 816 85J 848 809 848 847 810 S47 Nov Dec May New York stocks By Richardson Securities of Amr T and T Anacor.da Beth Steel Chrysler ComMt Dupcnt GM Gulf Irt Harvester Kenn Copper -17 37V 22 H 21.00 23 75 J3 75 00 64 21 75 3350 33.75 Sears X-Ran Texas Gjlf Texas Co Rapeseed Vancouver Sept 578 563 Nov Jan Mar 584 584 581 566 565 566 Rapeseed Thunder Bay Qet 556 531 556 i May 546 514 535 533 501 523 Gold futures WINNIPEG Gold U.S. Winnipeg Commodity Exchange close Thursday. Oct 73 Jan 74 Apr 74 Jly 74 Oct 74 119.85A. Wednesday's 98 con- tracts. Schwartz Agencies m Ltd. Barley Oct 242'2 233 Dee May Jly Rye Oct 255'z 253 Dec 251 2-iS May 243 260 Montgomery Ward 24.37V2 Weslinghcuse Elec 34 25 U.S. Steel 29.25 Gen Tel Elec 28 25 TORONTO AVERAGES 20 Indust 215.10 up .10 96 75 30 Golds 259 5S off 12 f 10 Base Met 101 16 cU .24 15 W Oils 253.16 up 1.03 3303 Volume YORK AVERAGES 30 Indust 88214 off 38 20 Rails 15804 up l.OS 15 Utilities 95.76 off .04 65 Stocks 267.19 up .30 Volume Sears requires an EXECUTIVE SECRETARY Shorthand and typing essential. Must have neat appearance and pleasant personality. We offer you an opportunity for above average income and a wide range of benefits including a 37'4 hour work week. Apply in person to PERSONNEL DEPARTMENT SIMPSONS SEAP-S CENTRE VILLAGE MALL 578 57G 57' 577 Calgary livestock Where memorable evenings are made 7 days a impeccable service complements a dining standard of excellence. At Sven Ericksen's Family en atmosphere of congeniality surrounds a tradition of western exemplified in the Vvfestwinds Dining Room. Go once and you'll return. ph. 320-7756 family restaurant 540 501 523 141-ls 142 CALGARY Receipts to 11 a.m. Friday from the Cal- gary public stockyards show sales of 140 mostly feed- er heifers selling moderate- ly active at steady rates. Other classes of slaughter and feeder cattle were and sold at steady rates. A few good steers more than 600 pounds 48.75 to 53.25. Gool feeder heifers more than 600 pounds 50 to 52.75. Good stock steer calves under 400 pounds 68.50 to 75. Good stock heifer calves more than 400 pounds 46 to 300 to 4CO pounds 55.50 to 61.75. There were no hogs sold. 239- 234 230 Jly 250 264 BIRDIE SCHMITT July was holiday but Birdie was hard to work settling people into new homes. This helps our economy but mere im- portant to the people at the Ac- tion it people. En- joy your and let us solve your real estate problems. Remember sell What We Beef Futures WINNIPEG Live beef futures cloese Thursday. Sept Nov 52 Jan Mar 51.90. Wednesday's Two contracts. CORRECTION Re our Advertisement on Poge 12 of The Lethbridge Aug. 30lh Girls' Quilted Dusters polyester fibrefill. Completely washable. Made in Canada. Sizes 7 to 14. SHOULD HAVE READ.............Each 1.00 Accounting Opportunity This challenging position is Tn the area of super- vising financial accounting in a rapidly growing in- dustry. Required level of qualification is equivalent to competition of a minimum of 3 years in the R.i.A. or C.A. course of instruction. APPLY Western Canadian Seed Processors Ltd. P.O. Box Lethbridge- Alberta 327-5781 Preferred Finance Corporation Ltd. 345- H Ave. S.W.. Calgary Short term financing avail- any amounts over Expedient ser- vice. Phone 262-3906 or 262-6465 Profit Name Brand Product EXCLUSIVE Distribution this area No Customers come to Approximately 10 hours weekly Administra- tion and Service only. or Couple Age no barrier. total invtitment. Fully secured by equipment. Reply including Phone No. to Box Lethbridge Herald Royal Bank AGRICULTURIST Applications are invited for a position as a member of the professional 3laff of our Agricultural Deportment. The suc- cessful candidate will participate in furthering the develop- ment and operation of the bank's services to the agricultural industry in Alberto. QUALIFICATIONS A degree in Agricultural Economics or related educational background. The position requires an individual having a strong acodem.c record who enjoys meeting the public. Several years related or financial experience would be a definite asset. SALARY Fully commensurate with qualifications and experience. Those interested pleasa submit resumt In con- fidence K. Flug District Employment Officer The Royal Bank of Canada P.O. Bag 2534 335 8th Avrtnua S.W. Alberta T2P 2N5 ;