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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - December 24, 1974, Lethbridge, Alberta TuMdiy, December 24, 1974 THE LETHBRIDQE HERALD 23 Market prices lower in active TSE trade TORONTO (CP) The To- ronto stock market was moderately lower Tuesday in active mid-morning trading. The exchange is due to close at noon. At 11 a.m., the indus- trial index was off .52 to 153.20 and golds 2.20 to 400.32. Base metals gained .12 to 55.24 and western oils .33 to 108.77. Volume by 11 a.m. was Marktt trends MONTREAL (CP) Prices were generally lower in light trading on the Montreal Stock Exchange Tuesday. Volume at a.m. was 3SI.SOO shares, compared with shares at the same time Monday. Banks fell .72 to 206.74, papers to 94.08, the composite .01 to 153.21, in- dustrials .12 to 154.58 and utilities .05 to 119.52. Macmillan Bloedel fell 1 to f20V4, St. Lawrence Cement A to Falconbridge Nickel V, to Hud- son's Bay Co. to while Pan Ocean Oil rose to and Inter- provincial Pipe Line Vfc to Among speculative issues, Gaspc Quebec fell two cents to after trading shares. VANCOUVER (CP) Prices were down in light trading on the Vancouver stock exchange today. Early volume was shares. Newmark led trading in the in- dustrials, up .03. In the mines, Consolidated Fortune Channel was down one-half cent at .08V2. In the oils, Plains Petroleum was down one-half cent at .05Vi. On the curb exchange, Matador was unchanged at .04. Trading was light Monday and prices moved down. Volume was shares. In the industrials, lonarc was up .01 at .14: Canadian javelin down one- quarter cent at Newmark down .01 at .40; Gestalt unchanged at .30; Great Pacific down .01 at .31; Inter- national Hydro unchanged at .30; Jolly Jumper unchanged at .10. In the mines, Grandora down .02V4 at JOVi; Arbino Mines unchanged at .25; Oxbow down .13V4 at Green Eagle down at .60. Consolidated Beau- mont down .03 at .11. In the oils, August Petroleum un- changed at .09; Plains Petroleum up .01 at .06; Payette down .01 at .11; Seneca Developments up .04 at .80; Monterey A up .02 at .08; Cop-Ex Mines up .02 at .12. On the curb exchange, volume was shares. Mundee Mines down .05 at .13: Komo Explorations unchanged at one-half cent; Richwood unchanged at .03: Abaca up .01 at .38. Aragon un- changed at .29. Winnipeg grain WINNIPEG (CP) Trading was ex- Iremely light at the opening today of the Winnipeg Commodity Exchange. Prices were firm. Opening prices: Thunder Bay rapeseed: Dec., May, July and Oct. not open. Vancouver Rapeseed: Jan., March and Sept. not open; June nine lower 8.40. Flax: Dec., May, July and Oct. not open. Feed wheat: Dec. Vt lower 3.80Vi; May lower July and Oct. not open. Corn: Dec., March, May and July not open. Barley: Dec., May and July not open. Oats: Dec. unchanged 1.93; May and July not open. NEW YORK (AP) The stock market recouped most of Monday's tana with a broid technical rally in moderate Christmas Eve trading Tueaday. The noon Dow Jones average of 30 industrials was up 7.43 at and gainers outnumbered losers by about a 2-to-l margin on the New York stock exchange. The NYSE's composite index of more than listed common stocks was up .36 at 35.06. Anglo Co. Ltd., the Amex volume leader, declined to Among Canadian issues on the NYSE, Campbell Red Lake was up to and Dome Mines was down Vi to Unchanged were Inco at Alcan at and Canadian Pa- cific at Chicago CHICAGO (AP) Farm commodity futures fell sharply on the Board of Trade Monday with old crop soybeans falling the limit of 20 cents a bushel. Soybean oil lost some 90 points, just 10 short of a limit move, and soybean meal declined about 16 a ton. Wheat futures fell 11 cents, while corn was down nearly 9 cents and oats 5 cents. Despite the wide swings in prices the volume was light, typical of a pre- holiday session. Prices were uneven to lower on the opening. Minutes later, with commer- cial interests on both sides, prices began to retreat in all the major pits. There were scattered intervals of buy- ing but never long enough to provide a sustained drive. In the last few minutes of trade, the soybean complex came under rather active selling, mostly in nearby op- tions. At the close, soybeans were 6 to 20 cents a bushel lower, Jan. 7.37; wheat 8 to 11 lower, March 4.63; corn 53A to 8% lower. March 3.4714; and oats to 5 lower, March 1.66. Grain close Monday: Wheat: Mar 4.63; May Jul 4.19; Sep 4.25; Dec 4.34. Corn: Mar 3.47Vz; May 3.47Vi; Jul Sep 3.24V4; Dec 2.91 Vt; Mar 2.96. Oats: Mar 1.66; May 1.67V4; Jul Sep 1.55; Dec 1.62. Metals LONDON (AP) Monday closing metals bid-ask in pounds sterling a metric ton; silver in pence a troy ounce: 540-541; futures 562-563 Tin-spot futures Lead-spot 231-232; futures 215.75- 216.25 331-333; futures 326-327 Silver-spot 198.6-198.9; 3 months 204.6-204.8 Gold futures nye: uec. uncnangea z.w; may unchanged 3.06; July and Oct. not open. Grain quotes Monday (CP) Gold futures, U.S. funds. Winnipeg Commodity Exchange: 400-OUNCE CONTRACTS: 75 191.25B; Apr 75 195.70B; 75 200.60B; Oct 75 205.30B; 76 210.00B. volume: 825 contracts. CONTRACTS: 75 193.60B May 75 199.80A Oct 75 204.60A; Nov 75 208.00B; Feb 76 213.50A. volume: 203 contracts. Rapeseed value (CP) U.S. dollar in of Canadian funds at noon Tues- was down 1-50 at 43-50. Pound was up 3-20 at 12.30 59-100. New York, the Canadian dollar up 1-50 at 3-20. Pound sterling up 1-5 at 5-20. May Vz 291 291 291 prices Oats Dec Mav 187 (CP) Wheat Board domestic feed grain prices Monday: 3 CW red spring wheat 3.80% No. 1 feed Corn 2.94 Vi; No. 1 feed oats 1.93. Mar futures Feed (CP) Live beef close Monday. 47.50A; March 48.25; May 48.00N. volume: No contracts. CAPITOL FURNITURE AND CARPETS LTD. will be CLOSED FRIDAY, DEC. 27th WATCH FOR OUR SALE AD IN FRIDAY'S HERALD! 000 shares, up from at the same time Monday. Declines outnumbered ad- vances 150 to 121 with 232 issues unchanged. Gulf Oil Corp. was off ft to I16V4, Toronto Dominion Bank ft to Dofasco Vi to 121 ft, Great West Steel 31 cents to and Canada Per- manent Mortgage Vt to f 16V4. Pacific Pete rose V4 to I13V4, IBM 2 to Bank of Montreal ft to and Imperial Oil A ft to .United Keno gained to Campbell Chibougamau 30 cents to and Pamour V< to Pine Point lost V4 to and Agnico-Eagle ft to PanCanadian was up to and Pan Ocean ft to Paloma dropped 15 cents to 55 cents. Currencies MONTREAL (CP) Tuesday's mid-day foreign exchange selling rates supplied by the Bank of Montreal: France franc .2280 Germany mark .4190 Japan yen .00340 Mexico peso .0805 Spain peseta .0177 Switzerland franc .4070 United States dollar .9920 United Kingdom pound 2.3400 U.S.S.R. ruble 1.3026 Quotations in Canadian funds. Hog prices EDMONTON (CP) Prices to 11 a.m. Tuesday provided by the Alberta Hog Producers Marketing Board. Mon- day's prices in brackets. Edmonton: 53.73 Calgary: 53.43 Red Deer: 53.17 Grande Prairie: Nil Lloydminster: 52.95 Lethbridge: Nil Fort Macleod: Nil Hogs sold to 11 a.m.: average: 53.54. No sows sold. Dividends By THE CANADIAN PRESS CFCN Communications Ltd., nine cents, plus an extra of eight cents, Jan. 30, record Jan. 3. E-L Financial Corp. Ltd., pfd. A, 12.5 cents, payable Jan. 17, not Jan. 15 as previously reported, record Dec. 30. Koffler Stores Ltd., cents; se- cond pfd. A, 2'i cents; both payrble Jan. 31. record Jan. 10; seven-per-cent comulative redeemable pfd., rents, March 15, record Feb. 28. Lincoln Trust and Co., 25 cents, semi-annual, Jan. 15, record Dec. 31: eight-percent pfd. A, 50 cents, March 15, record Feb. 28; eight-per- cent pfd. A, 50 cents, June 15, record May 30, Maclean-Hunter Ltd., class A, 7.5 cents; class B, 6.4 cents, increase of .1 cent; both payable Jan. 30, record Jan. 3. Resource service Group Ltd., 2.5 cents, initial, Jan. 10, record Dec. 27. Scott Paper Ltd., 30 cents, increase of five cents, Jan. 31, record Jan. 13. Sobeys Stores Ltd., class A, 10 cents, Jan. 15, record Dec. 30. Biltmore Industries Ltd., pfd. series A, six cents, Jan. 15, record Jan. 2. Deltan Corp. Ltd., ..threecents, Dec. 31, record Dec. Si. Dn Pont of Canada Ltd., 25 cents, Jan. 31, record Jan 1. Fidelity. Mortgage and Savings Corp., five cents, plus an extra of two cents, Feb. 10, record Jan. 27. General Bakeries Ltd., 3.25 cents, Jan. 31, record Jan. 15. Home and Pitfield Foods Ltd., .six cents, semi-annual, March 28, record March 14. Earnings By THE CANADIAN PRESS Bridge and Tank Co. of Canada Ltd., nine months ended Sept. 30: 1974, no per share figure; 1973, Hamilton Group Ltd., six months ended Oct. 31: 1974, cents a share; 1973, 34 cents. Koffler Stores Ltd.. nine months ended Oct. 31: 1974, 28.2 cents a share; 1973, 28.1 cents. Magna International Inc., three months ended Oct. 31: 1974, 44.1 cents a share; 1973, 34.4 cents. Peoples Department Stores Ltd., three months ended Oct. 31: 11 cents a share; 1973. 13 cents. Tele-Capital Ltd., year ended Aug. 31; 1974, 72 Cents a share; 1973, 59 cents. Elks Stores Ltd., 39 weeks ended Oct. 26: 1974. 57.5 cents a share; 1973, 56.7 cents. Keen Industries Ltd., nine months ended July 31: 1974, loss, no per share figures available; 1973, profit, no per share figures available. Canadian Western Natural Gas Co. Ltd., Nine months ended Sept. 30: 1974, no per share figures available; 1973, no 'per share figures available. Livestock Calgary CALGARY (CP) Receipts at the Calgary public stockyards Tuesday were too few to hold a sale. The market will be closed until Mon- day, Dec. 30. Gold prices LONDON (AP) Closing gold prices Monday in U.S. dollars an ounce: London 193.00 Paris 1S7.04 Frankfurt Zurich- 194.00 Hong Kong 183.87 Beirut a kilo. The Herald- Business Stocks Miscellaneous Vancouver; Calgary, Montreal Midland Dqherty Limited WESTERN AND Afton Albany Alta East Ashland A BP Brenda Cda Gas Cdn Export Gas Cdn Nat Cdn Ind Cdn Long Metro A Cdn Nat Chieftan C Dome C B Nufort A Giant B Gibraltar Pipe Great Cdn Oil Trans Lochiel Lytton North Cdn Numac PanCdn Pan Place Ranger Scurry Total Ulster United Westcoast West Acres Vi BC. Sugar C Int'l Block Canbra Cdn Cdn Pac A Cdn Cdn Pac Cdn Carling A Growth Carling B Com Invest Crest Crowsnest Falcon Int'l F 4 M Invest Stock Home Oil Fund Home Oil In Hudson Bay Hud Bay Growth Hud Bay A Hugh Russell C Husky Husky Oil B Husky Oil E Inter Pipe Inter S Kaiser Kaiser Res Loblaw C Toronto mines, industrials (Supplied by Richardson Securities of Canada; Forest Advocate Sugar Valley Ind Ind Power Foods Cellulose Can. NW O'Keefe Canada Credit Central Gas Pfd Ind Con Marconi Cons. Vickers Coin Dickenson Bthurst Denison Gas Seagrams Dome Bridge Discovery East Textile East Stores Pete First Mobile Giant Cdn Oil Motors Hoiiinger Lakes Paper Hudson Bay Oil Hydra iron Sid Walker A Joliet Erie Kerr Oil A Key A Nickel Lake Pipe Langis Grp A Madsen In'tl Malartic Ltd Martin Douglas A Intern NuWest A New New Ferg Bloed Corp A Pine B Placer Pax Cent Quebec Corp Co Rio Roman CDA Sherritt Steep Sears Can A Tek Corp. A United Grp A Western Mtn Pipe WH Copper Can Pipe Wright Carbide Gas Oil Yellowknife Siscoe Mfg A Algoma Atco Imperial Agra Bell Scotia Brascan BC Dom 6.62V4 10.00 19.DO 9.50 9.87 V4 6.75 22.00 2.35 4.05 1.75 3.25 1.55 7.00 17.12Vi 2.65 11.25 7.12% 13.50 23.50 23.12V4 14.25 31.87% 17.00 18.37% 6.25 15.37% 16.00 21.37% 1.45 5.00 29.00 14.50 24.25 11.75 3.90 34.87% 23.50 22.50 23.00 16.00 10.87% 5.25 8.25 16.75 5.00 1.04 4.40 5.37% 2.00 4.80 10.87% 13.25 20.75 41.12% 12.12% 12.75 6.37% 7.75 2.20 8.00 13.12% 8.50 12.00 6.25 9.00 24.25 11.00 25.00 10.25 8.12% 8.25 14.25 6.75 7.50 2.30 5.00 22.12% 17.87% 17.62% 21.00 11.62% 34.75 25.37% 32.00 New York- (Supplied by, Richardson Securities of Amr. T T Anaconda Beth Steel Chrysler Comsat Dupont General Motors Gulf Int Harvester Kenn Copper Montgomery ard Sears Exxon Texas Gulf Texas Co Wlx Corporation Woolworth 8.37% 13.25 Westlnghouse Elec 8.25 24.50 US Steel 37.25 7.12% Gen Tel Elec 16.62% 27.75 TORONTO AVERAGES 89.00 20 Industrials 153.43 down .29 30.00 20 Golds 396.86 down 5.66 16.62% 10 Base Metals 55.44 up .32 19.12% 15 Western Oils 109.20 up .76 3687% Volume 13.37% NEW YORK AVERAGES 47 62% 20 Industrials 597.62 up 7.97 61.37% 20 Rails 139.85 up .58 25.37% 15 Utilities 66.39 up .35 20.12% 65 Stocks 193.83 up 1.66 7 62% Volume CHRISTMAS CARDS KEARNS Seasons Greetings to all our friends and relatives. and Elsie Kearns. 7948-24 MILFORD Merry Christ- inas and Happy New Year to all our relatives, friends and neighbors. Milford family. 7939-24 BOYCHUK From our home in Hardieville to all our friends and relatives in Lethbridge and district, a Very Merry Christmas and Happy New Year. and Anne Boychuk. 7960-24 LISKA We wish our relatives and friends A Merry Christmas and Happy New Year. and Julia. 7923-24 COLTART Francis and Gordon. We would like to wish each and everyone a Very Merry Christmas and a Happy and Prosperous New Year. This year, in lieu of sending out Christmas cards, we are donating to a worthy com- munity cause. 7942-24 STEVENSON We would like to wish our friends and neighbors in Lethbridg? and Southern Alberta a Very Merry Christmas and a Happy New Year. and Stella Steven- CHRISTMAS CARDS HACZKEWICZ Dollie and Joe want to wish all their relatives, friends and neighbors a very Merry Christmas and a Happy New Year. 7994-24 CHRISTMAS CARDS DUECK Wishing to all friends, relatives and custo- mers a Merry Christmas and Happy New Year. Donna Dueck and family 8049-24 GILLETT We wish to ex- FRITZ To all our friends tend to all our friends and and relatives, a very Merry realtives our Best Wish of the Christmas and a Propsperous Season and Health and Hap- piness in the New Year. -Grace and Joe 7997-24 New Year. Marg and Jennifer Fritz 8059-24 son. 7853-24 KAMPEN Walter, Donna and boys would like to wish all their friends and relatives a Merry Christmas and the best of everything in the New Year. The cost of your cards has gone to the Cup of Milk Fund. 7998-24 GERTSON -Betty and Gunnar wish all their friends a Very Merry Christmas and a Happy New Year. 8056-24 SAFEWAY STAFF, WEST- MINSTER MALL Would like to wish their customers and friends a Merry Christ- mas and a Happy New Year. C5320-24 OLSEN Warm and sincere wishes for a Merry Christmas and Happy New Year to our relatives and friends. Ruth, Gordon Jr., Sherry and Kevin. 8018-24 HIRAGA We wish all our relatives, friends and neighbors a Very Merry Christmas and Happy New Year. and Mrs. E. Hiraga Pauline Hiraga and boys. 8014-24 VECRES We wish to ex- tend to all our relatives, friends and co-workers Christ- mas greetings and good wishes for your happines in the New Year. Ralph and boys. 8052 KONYENBELT To all our friends and relatives, may peace, goodwill and joy be yours at Christmas and the New Year. Leta Konynenbelt and family 8051-24 McKENZIE A very Merry Christmas and a Happy New Year to all my family, friends and neighbors. Lila McKenzie 8040-24 HARDY Merry Christ- mas and Happy and Prosper- ous New Year to all our rela- tives and friends. Henry, Audrey and Sherry-Ann. C5347-24 PORTER We wish all our relatives and friends a Merry Christmas and Happy New Year. In lieu of cards, dona- tion Heart Fund. and Mick Porter 8050-24 HARDING Merry Christmas and Happy New Year to all our dear relations, friends, neighbors and fellow employees. Harding and Family 8057-24 BOURASSA Wishing all our friends and relatives a very Merry Christmas and a very Prosperous New Year. and Shirley Bourassa and family 8048-24 GIBSON To all my friends and neighbors, a very Merry Christmas in the New Year. Gibson 8042 VOS We would like to wish our relatives and friends a Blessed Christmas and a Happy New Year. and Tina and family 8044-24 JARVIE To all our many friends, neighbors and rela- tives, a very Merry Christmas and a Happy, Healthy and Prosperous New Year. and Allan and family 8053-24 KISEL Merry Christmas and Happy New Year to all my friends and relatives. Jason, and Robi Kisel 8047-24 LEE Seasons Greetings to all. and Marge Lee 8039-24 Ex-city man heads cable TV company A Lethbridge native son, Victor C. Reed, has been nam- ed general manager of Skyline Cablevision of Ottawa. Mr. Reed, son of Mrs. Ann Reed of 540 12th Street B. North, received his early education in Lethbridge and worked part-time, while attending school here, in the engineering department of CJOC. He later enrolled at Ryerson Polytechnical In- stitute in Toronto, and upon graduation joined CJLH-TV in Lethbridge as an engineer. He later was named chief engineer. He was transferred to Selkirk Holdings in Toronto six years ago. He has been a director of several Canadian cablevision companies and is a past direc- tor of the Canadian Cablevi- sion Association. Stringam Property Sales Ltd. and Stringam Insurance Services Ltd. season of peace and wonder, excitement and joy is Christmas! May this spirit, of happiness be with you always. President President Sato ;