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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 14, 1972, Lethbridge, Alberta ____ Monday, February 14, 1972 THE IETHBRIDGE HERALD 17 Base metal stocks make slight gain TORONTO (CP) Base metal issues on the Toronto slock market edged fractionally higher while prices in oilier sec- tors moved lower in moderate mid-morning trading today. The industrial was down .25 Lo 197.58, golds .20 to 176.49 and western oils 1.75 to 214.43. Base metals were 35.77. .40 to today with prices moving into lower ground. Trading was moderate. The noon Dow Jones average of 30 industrial stocks was down 3.01 to 914.511. Mclntyre Porcupine was otf at among Canadian issues while Inco lost to and Hudson Bay Mining to Mining a.m. Quotes) WESTERN OILS Granny Mining added V'i t o j Volume by 11 a.m. was I shares, compared with I On the American Stock Ex- at the same time Friday. change, Canadian Javelin added Declines outnumbered ad- to and Brascan was off vanccs to 113 with 179 issues Ve at unchanged. j Chemical, industrial mining, real estate, steel, general manu- f a c t u r i n g and utility issues posted moderate declines. Bev- erage, pipeline, paper and for- est and utility slocks moved fractionally higher. Miscellaneous quotations Vancouver; Calgary, Montreal (Supplied by Doherty, McCuaig Limited) LAST BID OR SALE a.m. Quotes) a.i Huqli Russell 3J 25 Mutual Ac Husky Oil Mutual Gr Husky Oil B 47.25 Nat Res Husky Oil War Inter Prov Plpi Inter Prov Step Kaiser Res MGF Manage Pacific Pete 16 ?5 Rainier 9.01) Teledyne iO West CHn Seed 4'J.tWi Whlle Yukon s'on Acroll Barons Oil Madia on North West Warn PIPELINE STOCKS AHa Gas Tr L A 54.00 Alta Gas Tr L P'd 79.00 Alia Nat Gas 21.50 Inland Nat Gas 15.50 N and C Gas N and C B Pfd Pacific Gas Tr 13.50 17'6n Gaz Metro 6.25 17'j7's Gaz Melro Pfd A 1.12 9.00 Almlnex Alta East Gas Asamora Ashland BP Oil Gns Can South Cdn Ex Gas Cdn Homestd Cdn Home Pfd Cdn Ind Gas Oil Cdn Long Is Cdn Super Charier Chieflsn Dome Pete Gt Plains Gt Cdn Oil Lcchiel North Cdn Oil Numac 5.45 13.50 5.BO 5.80 3.60 8.90 31 nn 23 75 CALGARY Pinnacle Place Gas Ponder Ranger Scurry Rain Seibens Ulbler 1.6' West Decalta 6.t. West Pete 10.fi MISCELLANEOUS INDUSTRIES 5.90 N W Fin 15.25 N W Gr 9.00 Principal Gr 4.05 Rov'und Temp Gr United Ac 500 Universal Sa Mr and 1Irs- Shannon in B.C. The funeral two slslers' service will be held on Wednes- day at 2 p.m. in ihe Megralh United Church. Rev. C. Carnochan officiating. Inter- ment will follow in Arcbmount Memorial Gardens. MAR TIN BROS. LTD., Directors of Fu- neral Service. C15I visits, cards and flowers. It was very much appreciated. Sharon Campbell. 6879 MURAKAMI We wish to Mrs. Naida Low of Lethbridge express our thanks to the doc- ancl Mrs. Arnold (Eleen) Stringam of Orem. Utah; one brother, Mr. Lee Rollins of Ed- monton. Funeral services will be held in the Alberta Stake Chapel in Cardston on Tues- day, February 15th, 1972, at 1 VISIT SPAIN About 26.5-millicn tourists vis- ited Spain in 1971. tors, nurses and hospital staff of Ccaldale for their kindness and care for our mother. A sincere thanks to the Coaldale Buddhist Church members, Rev. Kosaka and Rev. Izumi and to all Ihe friends and relatives who p.m., with Bishop Bryce Ca- j generously sent Koden, flowers, boon officiating. Interment will I food, cards; to all who helped follow in the Cardston Ccmc-! in any way during our bereave- tery. CHRISTENSEN SALMON ment. Funeral home Ltd., directors of 1 Morihei Murakami and Funeral Sen-ice. CHS I families. C872 Grain prices Winnipeg Grain WINNIPEG (CP) Rape- seed prices continued on lower JVetc York stocks (Supplied By Richardson Securities of Canada) respectively. Amr T and T Anaconda Beth Steel Chrysler Comsat Dupont GM Gulf int Harvester Copplr 43.B7Va Sears 101.62W 20 Golds 176.43 off .25 19 Std Oil of H.J. 10 Base Mel 65.7J up .37 32.00 Texas Gulf 118.3712 15 W Oils 514.69 off 1.49 32.75 Texas Co 33.00 Volume 66.50 Wickes Corp J5.75 vnoic 16175 WMlworth -'3.CO NEW YORK AVERAGES 80.12V: Weslinghouse Elec -15.62" 30 Indus! 9U.58 off 3.01 26.37'a U.S. Steel 33.1 2''a 20 Rails 255.19 off .51 3050 15 Utilities 112.19 off .38 TORONTO AVERAGES ,1 316.69 oil .93 Montgomery Ward 30.25 20 IndUEl 197.72 otf .11 Volu e Rapeseed Thunder Bay: May 2'z lower 2.34' July 2's low- cr Oct. }2 lower Z.SO'.jA; Nov. not open. Oats: May unchanged July higher Oct. not open. Barley: May, July and Oct. not open. Rye: May lower 1.Oil's: July Oct. low- er Livestock i Calgary livestock j CALGARY (CP) Light re-1 ccipts on the Calgary livestock j market to 11 a.m. of 150 head, j practically all cows. Trade was active. There were ins u f f i c e nt slaughter steers or heifers on offer to establish a market. sold fully steady to high- er. Few hulls sold steady. Good cows 23.50 to 24.40, me- dium 22.50 to 23.50, canners j s: end cutters 10.50 lo 22.50. Good I bulls 25.50 lo 27.20. A few replacement steers i weighing about 1.000 pounds! sold steady at 34 to 35. No stock calves were offered. Hogs average base price Alberta business outlook better Bengalis return lo their homes CALCUTTA (AP) The In- d i a n government announced j today that 7.9 million of the esti-1 mated 10 million Bengalis who fled East Pakistan last year have relumed to their homes. A spokesman for the refuge and rehabilitation ministry said it was hoped the 2.1 million ref- ugees still remaining in India j would return by the end of the j month to their homes in Bangla- desh. i The refugees streamed over the Indian border after the West Pakistani army cracked down on East Pakistani secessionists last March. The influx kept up through the India-Pakistan war of last December. OPERATION: Canada-Japan trade booms CALGARY (CP) The out-1 for Canadian business in gen- OTTAWA (CP) Trade be- look for Alberta business this eral is not so bright. tween Canada and Japan in 1971 reached a new high of TIME CREATE BEAUTIFUL ROOM DIVIDERS AND IMAGINATIVE SHELVING UNITS SPiNDLE-FLEX SYSTEM "Twist Together" Components achieve n whole new world of interior beauty. No Glueing! Simply screw the IS" spindle Sections together to reach the desired height. A Id uuimuaa mis uim IB nui an uiigin. year is uncertain but general- j "It must be realized that the iy more promising than in 1971, [eight per cent upward revalua- ays a report of !hc Depnrt- j tion of the Canadian dollar re- of Industry. mains and reduces Canadian TToji By Gene Fawcetto HOW SMALL CAN ELECTRONIC CIRCUITS GET? A U.OF CHICAGO SCIENTIST, WHO TODAYS PINHEAD- SIZE MINIATURIZED UNITS WILL SOON BE CONSIDERED GIGANTIC, IS WORKING WITH AN ELECTRON MICROSCOPE IN REVERSE TO MAKE ULTRA- ULTRA-MINIATURE SYSTEMS... too BIUION UNITS CELL prices KiniONTON (CP) Aver-; age prices lo 11 a.m. provided by the Alberta Hog Producers Marketing Board. i Edmonton: 29.00, average j Friday 29.09. Rod Deer: 28.95, average Friday. 29.21. I Calgary: 23.90, average Fri- day, 29.24. Lethbridge: Nil, average lrri-; day 29.04. Lloydminslcr: Nil, average! Friday, 28.67. j Total hogs sold Friday. 2.224, average 29.13. Sows average 20.15. The report said the construe- competitiveness in the one tion and resource industries market which accepts over had record performances last two-thirds of Canad's exports, year and reruns improved for t "While the American market agriculture. j will remain firm for those raw Mineral production and vol-' materials of which they are in ume of grain sales will almost j short, supply, such firmness is 'occur Ogajn in 1972. In the certainly increase (luring 1972. j no; likely lo carry over into 10 yers. Canada has enjoyed aj t h e department predicted, highly processed products. i substantial balance. i 1 while volume and price of live-1 "The fact that Britain and j 1971 change was due to {I stock will be static. 'other countries are joining the a Si0wdown in the 6S3.1 million, the Canada-Japan j Trade Council said Friday. j Exports lo Japan were 5791.6 g million while imports from Japan were SS01.5 million. The Ottawa based council said in a news release that the imbalance of S9.9 million in Ja- pan's favor wasn't likely to The construction industry Common Market has would remain active, with the j the double effect of reducing result thai business for manu-1 the imports of a preferential facturing and service indus-, buyer and of making Canada tries would improve along with I non-attractive to American in- I vcstors and firms which had i set up plants in Canada to take of economy caused by the inter- national monetary crisis, the council scid. The council forecast a million surplus for Canada in Japanese trade this year. H said exports to Japan would empire tariff I likely rise to about mil- lion. CP railway line blocked Finance firm learnings up Grande Prairie flights boosted EDMONTON (CP) CP Air will increase ils service he- Iwoen Edmonton and Grande Prairie to 12 flights a week in each direction from seven, the company announced today. The new schedule is effective April 30. HKTAI1, SALES IT Retail sales were about eight per cent higher in 1971 than 1970 with department stores and automotive outlets showing (lie greatest increases. Income for labor increased about Ifl per cent to billion on the basis of higher wages _ ,-incl a larger labor force for j VANCOUVER (CI'1 most months of I ho year. CALGARY (CP) CP Rail's enlidr Financial Corp. Lid.. The rpporl said the loial j main line XVBR blocked for, reports net earnings for 1S7I of value of resource production about five hours Saturday af- S0.072.00n compared with increased to billion Irom j ter a westbound freight was 1 in 11170. j Sl.sn billion. j derailed. Afler payment of prelerred 11 The province produced 377.- i A company spokesman said dividends, earned j barrels o' crude oil one end of a boxcar was tie-j St.17 per common share com-( compared wilh bar- railed at Chrny, BO miles east t pared with 75 cenls in 1970. rels in 11170; l.WI trillion cubic, i of here. Direclors have declared a; feel of natural pas compared I The daily passenger run quarterly dividend of 10 cents NATURAL SUITABLE FOR Decorative Needs Acoustical Qualities Choose from over 20 Decorative Designs. 9 SO. FT. ONLY..................... with 1.87 trillion cubic feet and li.fl million Ions of coal com- pared with 6.7 million tons. The report said the outlook from the easl was rerouted be- tween Medicine Hat. and Cal- gary and arrived here about two hoiu-s late. per common share payable March 30, as well as regular dividends on all classes of pre- ferred shares. h CRESTLINE BUILDERS MARKET LTD, INDEPENDENT HEADQUARTERS" 30lh Si, N. Phoh. 327-5444 or USE YOUR CRESTIINE BUDGET ACCOUNTI ;