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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 11, 1971, Lethbridge, Alberta Thwmhty, 11, THf IITHMIDGE HMALO It Market continues on losing streak TORONTO (CP) Prices were mixed to moderately lower in light mid-morning trading today as the Toronto stock mar- ket entered its second consecu- tive losing session. On index, industrials were down .68 to 177.89. Golds rose .06 to 179.67, base metals .20 to 94.21 and western oils .1C to 207.07. Volume by 11 a.m. was shares, down from at the same tune Wednesday. Losses outnumbered gains 114 to 96 with 184 issues unchanged. Weakest sectors were banks, food processing, industrial min- ing and steels. Inco was down 3s to Leigh Instruments to N'oranda Ik to Seagrams ii to Bank of Montreal '4 to Dcnison ?1 to Lake Dufault Vi to .Sll-i, Roman 15 cents to and Sherritt >s to Chrysler gained to Aquitiine Vi to Cassiar ?s to Mattagami vi to and Bethlehem '.'s to 3MALL GAIN MONTREAL (CP) All sec- tors except utilities moved lower in light early trading today on the Montreal stock market. The composite index was off .45 to 175.22. Combined volume on the Montreal and Canadian Stock Exchanges at 11 a.m. was shares compared with at the same time Wednesday. On index, utilities gained .55 to 152.36. Industrials were off .60 to 180.07, banks .55 to 152.36 and papers .83 to 93.11. TransCanada PipeLme was down to FCA to and Canada Cement Lafarge The Montreal exchange cor- rected composite and papers indices for Wednesday closing. The errors resulted from conti- nuing problems with the ex- change's computer. Composite given as 173.77, off 47, Was adjusted to 175.67, down .23. Papers were corrected to 93.94. off .80, from 93.56, down 1.09.' PRICES LOWER NEW YORK (AP) The stock market posted a small gain early this afternoon hi moderate-paced trading. The Dow Jonss average at neon had advanced 2.95 to 884.04. Among Canadian issues, Mc- Intyre Porcupine lost a point to and International Nickel 9 to Genstar Ltd. was up V to On the American Stock Ex- change, Jupiter Corp. was ahead at and Canadian Javelin up ft at Grain price review Winnipeg Grain Prices i WINNIPEG (CP) There was continued exporter buying demand in the oilseeds at mid- sessions today on the Winnipeg Grain Exchange. All futures in both flax and rapeseed were above previous close levels. Oats and barley were slightly stronger in active trade, with some domestic slu'pper buying. Wednesday's volume 01 trade was bushels of flax, of rapeseed' and of rye. Ifid-session prices: Flax: May lower 2.57VijB; July unchanged 2.56A; Oct. higher 2.59A. Eapeseed Vancouver: March 1% higher 3.16; May 1% higher July 1 higher 2.75. Rapeseed Thunder Bay: April 4 higher 3.11; June un- changed Oats: May !.s higher 86iiB: July unchanged SGS; Oct. not open. Barley: May 3s higher and Oct. not July open. Rye: May unchanged 1.18; July and Oct. not open. Grain quotes Wednesday Msis High Low Close Flax May 258% 257 257is Jly .255% 256 Oct 2381s 25814 Rapeseed Vancouver Mar 315 May 285% 23H1 285ti Jly 274% 273% 274 Rapeseed Thunder Bay Apr 307 ,Tun 290 Oats May 86% Jly Oct Barley May 132% Jly Oct Hye May Jly" Oct 118 303% 288% 132% 117 114 .107 283% 87% 132% 118 WHY LEASE Without tying up capital you pst o brand new car (or a dozen) A Your lease includes licence, insurance, and maintenance 0 You dont pay any down payment 0 You just siyn a contract and pcy one regular monthly fee INQUIRE NOW ABOUT LEASING Beny Automotive Enterprises Ltd. 1 Boris Koreshenkov, Insurance and Leasing Representative 2nd Avenue and 8th Street 5. Phone 327-3747 ATTENTION! FARMERS and STOCKMEN If You Want TOP DOLLARS for your LIVESTOCK PICTURE BUTCTE AUCTION MART Ideally located in the centre of large cattle feeding .and hog raising area SATURDAY, FEBRUARY 13th at 1 p.m. 400 HEAD 400 ALL CLASSES OF CATTLE Highlighted by 100 HOLSTEIN STEERS-500 TO 600 IBS. from one owner 40 BRED HEIFERS-PREGNANCY TESTED From One Owner W TO 500 WEANER, FEEDER HOGS AND BROOD SOWS FOR FURTHER INFORMATION CONTACT PICTURE BUTTE AUCTION MART JOE or JIM JURIS Phone 732-4400 or 735-4468 Picture Bulle Miscellaneous quotations Business Spotlight Livestock Vancouver, Calgary, Montreal (Supplied by Doberty, lioodhcust1 anii LAST BID OR SAtC i WfSTERN OILS Aita East Almlnex Asameri Banff B. P. Oil Can Scutf-ern Cdn Exp Gas Ashland Grid Cdn Home Cdn Pid Cdn Indus Gas Cdn Long Is Cdn Superior Cent Del Rla Charter Dome Pcta Dynam Pete Total Pete Gt Plains Mill Ciiy New Cent North Cdn Oil Numac Permo Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Spoener West Djcalia MISCELLANEOUS INDUSTRIALS Agra Indus 7 AtCO lndL'5 8 AquataJne Brit N'dlCfcrp Cdn Brev: A Cdn B Cdn Hyd Carb Cdn Pac Inv CPR Pfd Crowsnest Ind Cygnus A Cygnus B Cum Prep Gt Cdn OH Sds Gt Cdn Oil Sds Home Oil A Hugh Rus Pfd Husky Oil Hwky Oil B Husky Oil War inter Pro Pipe lot Pro Pipe tni Ulil Pfd Inter Steel Jrff Lake 10.75 Jcutel -96 Kaiser Res fi.621. Kam Koiia 1.13 Lake Oni Pi Ce 3.65 WGF Manage ?.CO J2.371: Mentor .74 7 co Newconex S.Ss Pac Pete Rank. Organ Selkirk Hold Ehtll Canada Shell Inv Pid Shell tnv Wts Sicks Rainier West Cdn Sd White and Yuk CALGARY Acroll Anac Pete Barons Oil North Cent .w. 15 mi ptalns Pete Wcst Warrer .-5 I'OQ Madlscn .20 Iu Rexda'e .17 PIPELINE STOCKS Alta Gas TLA -S3.CO Alia Gas T L Pfd 7tUO Alta Nat Gas Cdn West Nat Inland Nat Gas 5.75 17.50 12.53 6.50 5.50 4.40 11.75 6.50 14.00 11.50 .73 39.50 87.GO 1.22 7.00 32.00 1.70 .82 7.70 8.05 .71 1.26 21 15 Ccn-.nisn Idler 12.09 13.25 17 50 Commc-n Lev 3.U 3.J4 Corp invest 5.VI c'23 Corp S F 4.84 5W Drtyfu-s f U.S. 13.11 crcwrn 4.C3 s 'em' invesi Grc.v 3-34 3.73 10.6? Wul Accum AMjl Grj.v F 1 Nat Resources N. '.V. Finance N. Royfunu United Accuni Universal Sav 5.73 5.44 4.29 515 ?67 536 5.5? 4.63 5.C9 7.10 7.80 Cunningham changeover set VANCOUVER (CPi cers and directors are in turn Torranee Cunningham, a phar-! purchasing Koffler shares from macy graduate at 19 opened his i .Murray B. Koffler, chairman first'drug store in Vancouver's and president of the Ontario west end on his 22nd birthday in I firm and its officers. 1911 First-day sales were To complete the almost By the enci of when a million transaction Cur, Lethbridge Livestock i mostly heavier kinds selling it steady prices. Insufficient stock (Supplied bv Canada offered to establish Department of'Agriculture) i a Owd feeder stetrs On offer to 11 a.m. 110 cattle. more than 7oO pounds 30 to Keceipts mostly butcher heif- 35.CC. Good feeder betters 27 to 18.35 II JO V.1S VANCOUVER Anuk Arctic Mining -4.42': Alias Explora 15.00 geld Copper 3.50 16.75 -'2 Block Bros. Brenda B. C. Sugar B. C. Sugar Pid -'0 Capiain internal Churchill Copper .CJVi Columbia Cel Cresltrook F Ird Croyden .36 .U'.i .59 13.871: .11'; 4.25 17.371: 15.75 4.EO 1.00 6.50 takeover and lion modifications program is completed, t h e Cunningham Dynasty Er.dako Fort Reliance Giant Mascot Granisle 16.621..' Key Indust 12-25 Growers B Ho Oil Home and Pit Hud Bay Co Hud Bay Oil Hud Bay Oil 5.37'A North and Cent 15.62'.> Hy 30.50 North and C Pfd 32.50 interior Brew 33.CO Gai Metro J-65 Jericho Gas Metro Pfd Kamloops Cop 2i.50 Trans Cdn P 22.25 Lornex 8 K7V-> Trans Cdn P Pfd J2.75 Lytton Minerals 30.00 Trans Cdn Pfd A 62.00 New Cronin S.62V2 Trans Cdn P War 10.15 New Imp Mine 7 75 Westcoast Trans 23.00 Okanagan Helicop Western Pac -1.95 Primer MUTUAL FUNDS Pyramid AGF Special 2.54 Silver Standard All Cdn Com 7.54 8.2fi Texmont All Cdn Divid 8.68 9.49 Trojan All Cdn Vent 3.33 3.66 Western Mines American G F 5.20 5.11 Westcoast Res 4D.37Vi Cdn Invest Fund 4.39 i.62 Western Explcra 58.50 Collective AAut 4.05 Ulica ningham shares, Koffler is ex pected to sell dcben- ganization bearing his name, umbia, Alberta and the Yukon by supermarket-style Shoppers per cent of the common shares of Cun- ningham's are committed to Koffler Stores Ltd. of Downs- Dnig Marts. More than view, Ont.. which is offering ?12 a share. Mr. Koffler is president of Life Products Co., vice-president and director of Four Seasons Hotels and a director of National Drug Co., and of National Drug and Chemical Co. of Canada Ltd. Koffler stores Ltd. is first in i sales and earnings in the retail An extraordinary meeting of in Canada and nov shareholders will be held Feb. 19 to complete the deal. Ralph Cunningham, 52, son of the late founder, and Cun- ningham President Paul H. E. I Bjarnason are committed to operates 79 pharmacies under the Shoppers Drug Mart name in Ontario, New Brunswick and Manitoba. The joining of the Cun- Koffler operations K.50 .US 100.00 29.25 27.75 5.10 17.00 jtore chain in Canada with 16G stores. Toronto mines., industrials Supplied by Richardson Securities of Canada serve the nc-w company for j iu make it thc largest drug- years. The deal will produce a steady changeover of all Cun- ningham stores to the large, open supermarket concept. Some stores with floor sp.ace of less than square feet will be phased Shoppers' technique works best with Beef futures WINNIPEG (CP) There was light trading in beef on Ine Winnipeg live beef futures mar ket Wednesday with contract stores of to square j in the March and May future 1 s LAST BID OR SALE 0 a.m. Quotes] MINES a.m. Qumesi Acme Advocate Asb. Akaltcho Area Minss Black Bay Bralorne Broulan Bethlehem Brunswick Canada Tung. Cassisr Central Par. Chimo Congest Cons. Rambler Coin Lake Cochenour Cralgmcnt DIckenson Mines Denison Mines Deer Horn D'Eldona Dome Mines Donaida Discovery Mines East Malartk East Sullivan Falccnbridg- Frobex First Msritlmea Giant Y.K. Gunnar Granduc Headway R.L. Holllnger .01 2.25 25.00 2.-SO 1.62 J.75 .62 '.a 8.30 1.35 30.CO '.71 44.00 .18 .1.04 3.70 New Imperial Noranda Northgate Opemiska Oslsko Patino Pine Point PJacer Dev. P.C. Exp. Quebec Man Rayrock Radlore Rio Algom Roman Corp. Silverfields Sherritf Gordon Silver Miller Steep RocK Siscce Tek Corp. Texmont Upper Canada Western Mints Wright Har. Willroy Windfall Yellowknif- ar. Zenmac INDUSTRIALS 1.32 31.25 9.05 10.00 .29 27.25 2B.75 34.25 1.14 .mi 1.62 .25 17.00 7.30 1.90 17.25