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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - December 2, 1970, Lethbridge, Alberta Wednesday, December 2, 1970 THE LOHBRIDGE HERALD 23 Downward trend snaps good run TORONTO (CP) The To- ronto stock market turned downward in light mid-morning trading today, interrupting seven consecutive gaming ses- sions. On index, industrials dropped .23 to 169.10, base metals .43 to 90.41 and western oils 1.35 to 189.85. Golds were unchanged at 180.80. Volume by 11 a.m. was shares. A comparative volume Grain prices Winnipeg Grain WINNIPEG (CP) All com- modities continued on stronger price patterns at mid-session of the Winnipeg Grata Ex- change today v.ith trading in good volume. The colder weather has brought increased interest in the feed grains and exporters were showing interest in both flax and rye. Rapeseed at the Vancouver position continued on a higher price pattern with good general buying. Confirmation was received overnight of the sale of bushels of rapeseed to West Germany and to Japan. Confirmation was also re- ceived of the sale of two car- goes of barley to Europe and one cargo to Taiwan. Tuesday's volume of trade was bushels of flax, of rapeseed and of rye. Mid-session prices: Flax: Dec. higher 2.45B, May higher 2.55, July higher Rapeseed Vancouver: Jan. W> higher March1 2% higher May 1 higher 2.67WB. Eapeseed Thunder Bay: Dec., April, June not open. Oats: Dec. unchanged 87. May Vi higher July higher Barley: Dec. unchanged 1.28, May higher July higher 1.29. Rye: Dec. higher May Vi higher 1.1214A, July Va higher Prices for class two wheat for export to countries outside IGA: 1 Nor 2 3 4 1 Durum 2 1.78 3 4 1.65 IGA prices: 1 Nor 2 3 4 1 Durum 1.81V4; 2 1.78 3 4 1.65. High Low Close Flax Dec 245 244% 244% May 254ys Jly 256% 255% 255% Rapeseed Vancouver Jan 296i4 Mar 274 277 May 266% 263% 265% Rapeseed Thuriiler Bay Dec 266% 265% 266y8 Apr 274V4 274 Jun Oat) Dec May 87% 87% Jly Barley Dec May Jly Rye 274% 272 87 87% Dec May Jly 105% 113% 103% 111% 128 128% 128% 104% 112 114% figure for the same time Tues- day was not available because of computer problems at the ex- change. Losses outnumbered gains 132 to 93 with 156 issues unchanged. Inco dropped to Bow Valley to Bethlehem to Mattagami to Alberta Eastern Gas 20 nents to and Canadian Homestead 10 cents to Bell climbed to Ford of Canada to Supertest ordinary 'A to B.C. Forest to and Hudson's Bay 011 and Gas Vt to MONTREAL Prices were mixed1 in light trading today on the Montreal stock market. On index, industrials were off .66 to 169.95, banks .53 to 179.41, and the composite index .40 to 167.27 while utilities gained .57 to 147.85 and papers .46 to 84.86. Combined volume on the Montreal and Canadian Stock Exchanges to 11 a.m. was shares traded, compared v.ith shares at the same lime Tuesday. Among industrials, Canada Cement Lafarge dropped to Velcro to Dominion Bridge to Canadian Arena Co. Vz to Canadian Vickers to and CPH Vt to while R. L. Crain rose to Distillers-Seagrams to Inland Natural Gas to and Canada Permanent Mortgage Ltd. to Among industrials Aquitaine gained Vt to while Interna- tional Nickel was down to Pacific Petroleum to and Denison to Among utilities, Maritime Electric advanced to Bell Canada to B.C. Tele- phone to and Calgary Power to FIRMS UP NEW YORK (AP) The stock market strengthened somewhM after an early siege of profit taking today but re- mained on the downside in feirly active trading. At noon the Dow Jones aver- age of 30 industrial stocks was off .68 at 793.61. In earlier trad- ing it had been off almost 4 points. Declines led advances on the New York Stock Exchange by a narrow margin. Among Canadian issues, Dis- tillers Seagrams added to and Hudson Bay Mining put on Vs to Dome Mines dropped to and Canadian Pacific and Inco were off at and On the American exchange, Brascan added to and Scurry Rainbow dropped Vt to Beef futures WINNIPEG (OP) Trading was mostly inactive in the live beef futures market Tuesday with some bids and offers at two points under current levels. Open High Low Close Jan 30.75A Mar 30.50 30.50 May 30.50N ASKS ASYLUM PARIS (Reuter) Victor Dimitriu, a former Romanian ambassador to France, has asked for political asylum here, French government officials said today. Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty, KoacQiause and McCuaig) a.m. Quotes) LAST BID OH SALE a.m. Quotes) a.m. Quotes) WESTERN OILS Jefferson Almlnex 5.90 Joulol Asamora 14-50 Kaiser Res Banff Kam Kotla BP ON GD3 5.30 L Ont Port Cem Can south 4.80 MGF Manage Cdn Ex Gas 4.20 Mentor Ashtand 8.70 Newconex Cdn Homestd 7.00 Pacific Pels Cdn Ind Gas Oil Rank Org 9.25 Gr Eqully 5.79 ft. Cdn Long Is Cdn Super Cen Del Rio Charter Chleftan Dynamic Pete Gt' Plains Mill City New Cent North Cdn Oil Numac Permo Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Spooner W. Decalta 2.10 1.50 .62 fi.OO 28.50 15.50 11.00 9.981 3.34 4.7-1 7.23 .09 MISCELLANEOUS INDUSTRIALS AtCO Ind Aquataine .65 Selk Hold 37.75 Shell Inv shell Inv Pfd 6.25 Shell Inv Wls 7.55 West Cdn Seed White Yuk CALGARY Acroll Ana Pete Barons Oil North Cont Plains Pete West -56 Madison Rexdale PIPELINE STOCKS Alta Gas Tr L A 49.25 Alta Gas (Nat) 22.50 Inland Nat Gas 10.25 N and C M.S2H N and C B Pfd 19.8714 Gaz Metro 4.65 o 25 Tr P MB Tr Cdn P Pld 41.50 Tr Cdn P Ptd A 63.00 Tr Cdn P War 11.50 5J25 Westcoast Tr 5 oo Western Pacific 4.65 5.00 MUTUAL FUNDS AGF Special SOI 1.26 29.50 1.90 .97 6.30 7.70 .83 1.36 .97 1.28 .70 22.25 2.03 6.15 .ly u. Shares 3.04 invest Gr 1.02 mvest Mutual I OS Vent Mutual Ac F Mutual Gr F Mutual In Nat Res N W Fin N W Gr 31.62'A principal Gr 31.50 prov Mutual 31.75 Royfund 4.00 United Ac universal Sav VANCOUVER Anuk Arctic Mining Atlns Explor Beth Copper Bornlle Ridge Block 3fos 4'lfl 4.53 6.91 3.67 4.48 3.59 6.26