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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - December 20, 1974, Lethbridge, Alberta Friday, Dectmber 20, 1974 THE LETHBRIDGE HERALD 25 Winnipeg grain WINNIPEG (CP) There were marginal losses in most futures today at mid-session of the Winnipeg Com- modity Exchange Individual strength was shown by flax where prices were slightly higher Thursday's trading volume was bushels of feed wheat, 000 of oats, of barley, of corn, of rye, of flax and of rapeseed Mid-session prices Thunder Bay rapeseed Nil Vancouver rapeieed Jan 5tt lower 8 62ViB, March lower 8 MB, June lower 8 42B Flax Dec 28 higher 11 2SB, May IS higher 10 80A, July unchanged 10 3CB Feed wheat Dec Vilower382ViA, May Vz lower 3 79A Corn March unchanged 3 SWA Barley Dec 1% lower 2 91, May H lower 2 July lower 2 91A Oats Dec Vt lower imVtB, May lower 1 Rye Dec V, lower 2 93 May lower 3 06 Vs, July Hi lower 3 01V4B The Herald Business Industrial index off Earnings THE CANADIAN PRESS Harding Carpels Ltd., year ended Oct 31 1974, 77 cents a share, 1973, 70 cents Markborougb Properties Ltd year ended Oct 31 cents a share, 1973, Jl 53 Oil Patch Industries Ltd., >ear ended Sept 30 1974, 44 cents a share, 1973, 36 cents Bombardier Ltd., nine months ended Oct 31 1974, loss, 14 2 cents a share, 1973, loss, 128 cents Livingston Industries Ltd., six months ended Oct 31- 1974, 94 cents a share, 1973, 61 cents Manitou-Barvue Mines Ltd nine months ended Sept 30 1974, 21 7 cents a share, 1973, 12 5 cents Trans Canada Glass Ltd., nine months ended Sept 30 1974, 76 cents a share, 1973, 70 cents Central Dynamics Ltd. six months ended Sept 30 1974, profit, no per share figures available, 1973, loss, no per share figures available Distillers Corp -Seagrams Ltd three months ended Oct 31 1974, 80 cents a share, 1973, 73 cents First City Financial Corp Ltd, nine months ended Sept 30 1974, Gold futures WINNIPEG (CP) Gold futures, U S funds, Winnipeg Commodity Ex- change close Thursday 400-OUNCE CONTRACTS- Jan 75 185 80, Apr 75 190 80, Jlv 75 195 70A- Oct 75 201 OOA, Jan 76 205 50A Wednesday's volume 543 contracts 100-OUNCE CONTRACTS- Feb 75 188 80A, May 75 193 90A, Aug 75 199 30A Nov 75 204 20A, Feb 76 210 OOA Wednesday's volume 325 contracts Dollar value MONTREAL (CP) -US dollar in terms of Canadian funds at noon Fri- day was up 3 50 at 98 24-25 Pound sterling was down 9-25 at 30 13 100 In New York, the Canadian dollar was down 3 50 at 1-20 Pound sterling was down Vz to 32 11-20 Beef futures WINNIPEG (CP) Live beef futures close Thursday Jan 48 OOA March 4825N, May 48 OON Wednesday's volume No contracts Award Winner Mr Keith Bickerton Area Manager of Engineered Homes Lethbndge, is pleased to an- nounce that Mr Jim Able of the Lethbndge Area Branch of Engineered Homes has been named Top Unit Salesman' in Canada for the month of November, 1974 Jim is a worthyl recipient of the November Bonus Prize with a total of 9 new home sales in that month equalling a volume of 777 00 in new homes Of special note is that Jim achieved this accomplishment in his second month with Engineered Homes and we join his friends and acquaintances in wishing Jim further success in his new career 372 cents a share, 1973, 70 cents General Distributors of Cuuda Ltd., nine months ended Oct 31 1974, 59 cents a share, 1973, 49 cents Irwin Toy Ltd nine months ended Oct 31 1974, 31 cents a share, 1973, 34 cents Lambda Mercantile Corp. Ltd., nine months ended Sept 30- 1974, 494 cents a share; 1973, 57 6 cents Ocelot Industries Ltd., three months ended Oct 31 1974, loss, three cents a share, 1973, loss, one cent Redpath Industries Ltd., year ended Sept 30 1974, 65 a share, 1973, 38 Ronalds-Federated Ltd nine months ended Oct 31 1974, 34 a share, 1973, 90 Dividends The Anthes Imperial Co Ltd class B pfd 375, first pfd series C, both payable Feb 1, 1975, record Jan 17, 1975 Banque CaDadienne Nationale, .25 cents, Feb 1, 1975, record Dee 31, 1974 Gait Malleable Iron Ltd., 10 cents, Dec 30, record Dec 20 Gaz Metropolitan Inc, nine cents, plus an extra of nine cents, increase of two cents in the extra, 540-per-cent pfd 5% per-cent pfd 375, all payable Dec 31, record Dec 19 Reitman's (Canada) Ltd., 6 25 cents, class A, 6 25 cents, both payable Feb 1, 1975, record Jan 15, 1975 Seco-Cemp Ltd, 7V4-per-cent first pfd series A, 18125 cents, Jan 15, 1975. record Dec 31, 1974 Steel Co of Canada Ltd, class A, 40 cents increase of live cents, plus an extra of 10 cents, increase in the ex- tra of five cents, class B, 34 cents, in- crease of 4 25 cents, plus an extra of 8 5 cents, both payable Feb 1, 1975, record Jan 2, 1975 Stemtron International Electronics Ltd., 10 cents, Jan 15, 1975, record Dec 31, 1974 Tnzec Corp Ltd 25 cents, semi annual, Jan 31, 1975, record Jan 15, 1975 B C Sugar Refinery Ltd class A, 35 cents, plus an extra of 60 cents, class B, 29 75 cents, plus an extra of 51 cents, pfd 25 cents, all payable Jan 31 1975, record Jan 10, 1975 Cambridge Leaseholds Ltd, 12 cents, semi-annual, increase of two cents Jan 23 1975, record Jan Richard Costam (Canada) Ltd., five cents, Jan 20, 1975, record Dec 31 1974 Dominion Textile Ltd 15 cents, seven-per-cent pfd 75, both payable Jan 15, 1975, record Dec 31, 1974 Livingston Industries Ltd 8 5 cents, Jan 31, 1975, record Jan 15, 1975, six- per cent pfd 75 cents, Jan 15, 1975, record Dec 31 1974 Logistic Corp 2 5 cents, Jan record Dec 27, 1974 Maple Leaf Gardens Ltd 25 cents, Jan 15 1975, record Dec 31, 1974 The Provincial Bank of Canada, 25 cents increase of one cent, Feb 3, 1975 record Dec 31, 1974 Turbo Resources Ltd., two cents, initial since incorporation, Jan not Dec 30, 1974 as previously re- ported record Dec 16, 1974 Stocks Miscellaneous Vancouver, Calgary, Montreal Midland Doherty Limited WESTERN OILS AND MINES Atton Mines 2 55 Albany ON Alta East Gas 4 20 Almmex 4 oo Asamera 6 25 Ashland Oil 5 00 BP Canada 78714 Brenda Mines 2.65 Cda Southern 1 SO Cdn Export Gas 1 71 Cdn Homestead 2 10 Cdn Ind Gas Cdn Long Island Cdn Superior 21 50 Chieftan Oev 3 90 Dome Pete 1625 Dynasty 5 75 Nufort Res 10 Giant Mascot 42 Gibraltar Mines 3.80 Gramsle 11 25 Great Cdn ON 5 00 Lochiel Explor 72 Ly'ton Mmeraals 1 10 North Cdn Oil 2 55 Numac Oil 8.75 PanCdn Pete 7 62 Pan Ocean 5 50 Petrol 1 00 Palo ma 60 Place Gas Ponder 42 Ranger Oil 14 50 Scurry Ram Seibens 5 00 Spooner Total Pete 3 75 Ulster Pete 36 United Canso 6 West Pete 230 West Decalta 2 72 MISCELLANEOUS INDUSTRIALS Acres Ltd 410 Aquitame 1300 BC Sugar C Pfd 11 50 Block Bros 3 35 Canbra Foods 2 40 Cdn Pac A Pfd 24 Cdn Pac Inv 1225 Carlmg A Ptd 1525 Carlmg B Pfd Com Capital 1 45 Crest Forest 2 35 Crowsnest Indus Falcon Copper 5 50 F M Trust 4 00 Genstar 1450 Home Oil A 1700 Home Oil B 1650 Hud Bay Co 11 75 Hud Bay Oil 18 50 Hud Bay A Pfd 31 00 Hugh Russell C Pfd 49 00 Husky Oil 11 62V4 Husky Oil B Pfd 28 00 Husky Oil E War 3 60 Inter Pipe War 1 31 Inter S P Kaiser Res 4 60 Kaiser Res War 2 00 Loblaw C Pfd 21 00 Magnasonics 90 Pac Pete 13 Pe-Ben 75 Royal Traders Grp Westfield Weston A Whitepass PIPELINE Alta Gas Alta Gas Alta Nat Gaz Gas Metro A Inland Nat N C N C B Tr-Cda Tr-Cda A Tr-Cda B Tr-Cda Pipe West West Trans 40 Barons N Western Bathurst Cima 95 Northair 60 Silver Valley Key 35 August Plains Stampede Int I MUTUAL All Cdn All Cdn All Cdn Amer Growth A G F 75 Cdn Invest Eaton Eaton Eaton Int I Corp Corp Invest Stock Dreyfus Fund U Grouped In Growth Invest Growth Investors Mutual Nat NW NW Principal Templeton United Universal Toronto mines, industrials (Supplied by Richardson Securities of Canada) Metals LONDON (AP) Friday closing metals bid-ask in pounds sterling a metric ton silver in pence a troy ounce 539-540, futures 558-559 futures 2 990- 2995 Lead-spot 228 75 229 25 futures 215 25 215 5 331 5-332 5 futures 328- J29 193 6-193 8 3 months 199 7-199 9 Currencies MONTREAL (CP) Friday's mid- day foreign exchange selling rates supplied by the Bank of Montreal Bermuda dollar 1 0100 Denmark kroner 1770 France franc 2260 Germany mark 4190 Japan yen 00340 Mexico peso 0805 Spain peseta 0177 Switzerland franc 4070 United States dollar 9920 United Kingdom pound 2 3400 USSR ruble 1 3026 Quotations in Canadian funds 1975 ALBERTA HEART FUND CHAIRMAN The Provincial Campaign Chairman for the 1975 Heart Fund is Ross R. Curtis, Senior Vice President, Alberta Division, Bank of Montreal "Thanks to last year's support by Albertans, 29 medical scientists are presently engaged in heart research in this reports Mr Curtis "The 1975 Campaign goal is This money is vital for the continued funding of medical research and for providing current heart health information, especially to nurses and doctors To date, 42 new research applications have been received. Almost volunteers throughout Alberta will be canvassing during February HEART MONTH MINES Acme 04 Advocate Asb 1 00 Akaitcho 1 51 Bralorne 1 33 Broulan 31 Bethlehem 9 00 Bovis 77 Brunswick 3 30 Can NW Land 217 Canada Tung 2 45 Cassiar 2 60 Central Pat 67 Chimo 76 Conwest 2 05 Cons Rambler 1 52 Coin Lake 14 Cochenour 99 Craigmont 3 00 Dickenson Mines 7 Denison Mines 35 00 D'Eldona 20 Dome Mines 49 50 Discovery Mines 1 85 East Malartic 320 East Sullivan 1 36 Falconbndge 23 50 Frobex 10 First Mantimes 35 Giant Y K 11 00 Granduc 88 Hollmger A 22 75 Hudson Bay A 1300 Hydra Ex 46 Iron Bay 3 90 ISO 55 Joliet Quebec 16 Kerr Addison Key Anacon 17 Labrador 22 50 Lake Shore 350 Langis Silver 05 Madsen R L 46 Malartic G F 92 Martin McNeely 92 Maclntyre 2712% Meta Q8 Midrim 06 Intern Mogul 1 85 NuWest Homes 490 New Athona 17 New Calumet 12 Noranda 28 50 Northgate 2 90 Norlex 11 Pine Point Placer Dev 1375 Pax Exp 95 Quebec Man 13 Rayrock 80 Radiore 13 Rio Algom 1975 Roman Corp 8 00 Sherritt Gordon 4 20 Steep Rock 80 Sunmngdale 2 70 Tek Corp A 1 75 Texmont 13 United Canso 6 75 Western Mines 1 50 WH Copper Mines 1 35 Wright Hargreaves 1 40 Willroy 148 Windfall 09 Yellowknife Bear 1 50 Zenmac 05 INUUblHIALb Abitibi 8 Alcan 1825 Algoma Steel 24 25 Atco Ind 1025 Agra Ind 4 20 Bell Tel 44 50 Brascan A 9 BC Tel 46 50 Burns BC Forest 1025 BC Sugar 1925 Bow Valley Ind 9 75 Cable 1000 CAE Ind 6 75 Cal Power 21 00 Canbra Foods 2 40 Can Cellulose 3 70 Carlmg 0 Keefe 1 76 Chemcell 3 30 Coron Credit 1 55 CWN Gas Pfd 7 25 Cdn ind Cdn Marconi 2 62 Cdn Vickers 11 25 Chysler 7 25 CPR Commco Cons Bathurst 23 50 Cons Gas 1450 Dist Seagrams 31 so Dom Bridge 17 00 Domtar 1900 Dom Textile 6 Dom Stores 1525 Dome Pete 16 12V4 Dofasco 21 00 Glen Mobile 1 45 Grt Cdn Oil 5 00 Gen Motors 31 Grt Lakes Paper 14 50 Gulf Oil 23 75 Greyhound 1175 Hawker Sid 3 95 Hiram Walker A 35 00 Huron Erie 24 25 Imperial Oil A 23 00 Imasca A 23 00 Int Nickel 18 75 Int Pipe 1050 Inv Grp A 5 12% IU Int I 8 IAC Ltd Jannock 5 00 Kaps 1 07 Kel Douglas A 4 40 Laurentide Loeb 2 05 Loblaw A 4 85 Metropolitan 1050 Massey Ferg 1325 McMill Bloed 2200 Moore Corp 41 75 Molsons A 1275 Molsons B Nachurs North Cent 7 Peyto 215 Power Corp 8 00 Price Co 13 00 Rothmans 8 75 Shell CDA 11 75 Simpsons 6 50 Simp Sears Steel Can A 24 50 Selkirk A 11 00 Texaco 25 50 Trad Grp A 10 25 Trans Mtn Pipe 8 25 Trans Can Pipe 8 75 Union Carbide 1425 Union Gas 7 Union Oil 7 50 United Siscoe 2 15 Versatile Mfg 4 85 Westeel 2212V4 Westons 1800 Woodwards A 1775 BANKS Can Imperial 21 25 Montreal 11 75 Nova Scotia 35 25 Royal 25 75 Tor Dom 33 00 New York (Supplied by Richardson Securities of Canada I Amr T T 44 25 WoolwoTth 8 25 Aiiaiunaa Westmghouse Elec 812V: Beth Steel 24 SO US Steel 37 87v, Chrysler Gen Tel Elec Comsat TORONTO AVERAGES Oupont 9000 20 Industrials 154 39 down 56 General Motors 32.00 20 Golds 405 23 up 1 96 Gulf 10 Base Metals 55 46 down 12 Int Harvester 1912V4 15 Western Oils 111 54 down 57 Kenn Copper 3550 Volume Montgomery Ward 1325 NEW YORK AVERAGES Sears 48 37Vi 20 Industrials 600 90 down 3 52 Exxon 62 25 20 Rails 141 09 down 34 Texas Gulf 27.00 15 Utilities 6735 down 51 Texas Co 65 Stocks 19534 down 1 01 Wix Corporation 8 00 Volume TSE prices lower at mid-session TORONTO (CP) Prices on the Toronto stock market were moderately lower in fairly active mid-morning trading Friday. The industrial index was off 41 to 154.54, its first loss in four sessions. Western oils fell 55 to 111.56. The gold index rose 1.74 to 14 to ad- 138 Market trends MONTREAL (CP) Prices were mixed in light trading on the Montreal Stock Exchange Friday Industrials fell 63 to 155 69, utilities 57 to 11967, the composite 28 to 154 25, and papers 10 to 97 34 while banks rose 3 05 to 209 14 Dofasco rose to to, Con- solidated Bathurst tt to Vj and Asbestos Vi to while Consumer Glass fell 1 to and International Nickel A to Among speculative issues, Fallmger rose Vi to 18 cents after trading shares VANCOUVER (CP) Prices were up in light trading on the Vancouver Stock Exchange Friday Early volume was shares In the industrials, Block Brothers was down 20 at 30 In the mines, Pegasus was unchanged at 43 IP the oils, Payette was unchanged at 12 On the curb exchange Command was unchanged at 06Vz Prices were down Thursday in light trading Closing Volume was shares In the industrials, lonarc was up 02 at 14, EDP Industrials down 01 at 04, Block Bros up 10 at Jo.iy Jumper unchanged at 10, Grouse Mountain unchanged at 85, Kaiser Warrants 10 at 95 Livestock Calgary CALGARY (CP) Receipts to 11 a m Friday at the Calgary public stockyards totalled head, prac- tically all slaughter cows and replace- ment cattle There were insufficient slaughter steers, heiiers and bulls sold early to establish quotations Cows, D3 16-19 D4 12-16 A heavy run of feeder cattle and stock calves commanded steady prices and met a moderate demand Good feeder steers more than 750 pounds 40-43 25 Good feeder heifers more than 550 pounds 30-34 Good stock steer calves 400-575 pounds 40- 43 Good stock heifer calves 400-550 pounds 27-30 Good stock heifer calves 300-400 pounds 24-28 Hogs fob to 11 a m 51 35 The Calgary livestock market will be closed Dec 25, 26 and 27 However, the usual facilities for handling livestock will be available Hog prices EDMONTON ICP) Average clos- ing prices Friday provided by the Alberta Hog Producers Marketing Board Thursday s average in brackets Edmonton Calgary 51 67 (52 05) Red Deer 51 54 (51 84) Lethbndge Nil (51 70) Fort Macleod Nil (51 50) Total hogs sold 1134 Average 51 52 There were no sows sold Feed prices WINNIPEG (CP) Wheat board domestic feed grain prices Thursday 3 CW red spring wheat 3 83% No 1 feed barley 2 92% No 1 feed oats 1 93 In the mines, Green Eagle down 06 at 12, Grandora down 07 at 34, Soneita down 04 at 15, Colby Mines down 08 at 43, Geodyne unchanged at 10, Laura Industries down 01 at 07 In the oils, Seneca Developments up 03 at 80, Plains Petroleum unchanged at 05 Stampede up 12 at 64, Rand A up 08 at 85 Cop-Ex Mining down 19% at 12Vz, Bison Pelf down 05 at NEW YORK (AP) The stock market, confronted with the news of an unabated rise in consumer prices last month, slipped into a broad decline Friday The noon Dow Jones average of 30 industrials was down 3 68 at 600 75 Losers outdistanced gainers by a 2-1 margin in fairly active trading on the New York Stock Exchange General Cable the NYSE volume leader, rose Vt to A 100 000-share block of the stock traded at On the American Stock Exchange the market-value index dropped 46 to 5992 The NYSE's composite index of more than 1 500 common stocks gave up 24 to 35 38 Among Canadian issues on the NYSE, Campbell Red Lake was up to Canadian Pacific V4 to Seagrams to and Dome Mines Va to International Nickel dropped vz to J19V4 and Massey Ferguson 'A t 405.01 and base metals 55.72. Declines outnumbered vances 186 to 104 with issues unchanged. Volume by lla.m. was 000 shares, up from at the same time Thursday. Trading was halted at the open in shares of Westmills Carpets, pending release of in- formation. The shares last traded at 50. In Industrial, Inco B fell Vz to Canadian Pacific Vz to IAC to Inco A to and Massey-Ferguson V4 to Stuart Oil rpse to Maclaren Power A V2 to Asbestos Corp. Vz to fl2Vz, Bank of Montreal to and Dofasco to Camflo Mines gained V4 to Roman V4 to Cassiar 20 cents to and Northgate 15 cents to Hudson Bay Mining A lost Vz to V4 and Falconbndge Copper to American Quasar dropped Vz to and Sunmngdale 10 cents to United Canso rose V4 to Chicago markets CHICAGO (AP) The speculative element appeared to lack incentive on the major United States commodity exchanges Thursday Abroad, gold prices held to a narrow range Juice gained a few points but world sugar contracts were down about one cent a pound resuming a decline that had been suspended for one day Cocoa and cotton futures also were lower A profit taking and apparent speculative selling move in the last hour on the Chicago Board of Trade sent most pit prices lower Soy bean oil closed the limit 100 points or one cent a pound higher After most December options had expired at noon December oats was found at the six-cents-a bushel limit lower Other options were down about four cents Cattle futures gained up to 85 cents a hundredweight on the Chicago Mercan- tile Exchange after a cold storage report considered bullish on futures Live hog futures were 70 cents higher as allied markets gained, and pork bel- ly futures lost as much as 125 points, or more than one cent a pound on a new increase in bacon prices Shell eggs were mixed in very light trade At the close on the Board of Trade, soybeans were 1 to 9 cents a bushel higher January 7 53 wheat 1 lower to 2 higher March 4 71, corn 1V2 lower to 1 higher March 3 57 and oats lower to 1 higher March 1 73 Have you got it? When you file a claim for benefit with the Unemployment Insurance Commission your appli- cation should be accompanied by a RECORD OF EMPLOYMENT. You need it! Without it we cannot process your claim. It tells us how long you have been working, what your insured earnings are and why the RECORD was issued. If you have any difficulty obtaining your RECORD OF EMPLOYMENT, file your claim and advise us of the problem. We can help. Unemployment Insurance Canada Assurance-chomage Canada HEAD FOR THE HILLS IN A DATSUN SPORTSTRUCK 1 COME IN AND SEE THE 1975 LONG OR SHORT WHEELBASE TRUCK New 2000cc engine 110" or 100" wheelbase BUY BEFORE THE END OF THE YEAR AND SAVE! Have we got a truck for you! FOREIGN CAR (LETH.) LTD. DATSUN 1102 3rd S. Phone 328-9651 ;