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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 19, 1975, Lethbridge, Alberta Wednesday, February 19, 197S THE LETHBRIDGE HERALD 27 Herald- Business Light trading on TSE Winnipeg grain Stocks Miscellaneous Vancouver, Calgary, Montreal Midland Doherty Limited WESTERN OILS AND MINES 'Afton Mines Albany Oil Alta East Gas Almlnex Asamera Ashland Oil BP Canada Brenda Minos Cda South Cdn Ex Gas Cdn Homesld Cdn Ind Gas Oil Cdn Long Is Cdn Super Chieftan Dev Dome Pete Dynasty Nufort Res Giant Mascot Gibraltar Mines Granisle G! Cdn Oil S Lochiel Rx Lytlon Min North Cdn Oil Numac Oil Pancdn Pete Pan Ocean Petrol Palorna Place Gas Ponder Ranger Oil Scurry Rain Seibens Spooner Total Pete Ulster United Canso West Pete West Decalta MISCELLANEOUS INDUSTRIALS Acres Ltd Aquitaine BC Sugar 0 Pfd Block Bros Canbra Foods Cdn Pac Inv A Ptd Cdn Pacilic Inv Carting O'Keafe A Ptd Carting O'Keele B Ptd Cornm Cap Corp CrestbrooK Ind Crowsnest ind Falcon Copper F 8 M Trust Genstar Home Oil A Home Oil B Hud Bay Co Hud Bay Oil Hud Bay Oil A Pld Hugh Russell C Pfd Husky Oil Husky OH B Pld Husky Oil E War Interprov War Interprov Steel Kaiser Res Kaiser Res War Loblaw Co C Pld Magnasonics Pacilic Pete Pe-Ben Oilfield Serv 4.05 .33 6.25 5.25 11.50 7.00 10.87'A 3.05 2.15 2.95 3.55 7.50 .13 31.87% 6.50 26.37'A 8.75 .12 .68 4.50 12.50 7.25 1.00 1.12 4.50 11.75 11.12'A 9.75 1.36 .65 .25 .45 20.62V4 14.00 8.62V. .22 6.25 .68 7.75 3.70 4.70 6.62'A 17.87 V4 12.25 3.10 3.10 29.75 15.12'A 21.00 2.20 3.75 25.00 6.25 4.65 17.75 22.75 22.50 26.00 31.00 54.00 33.50 5.00 2.15 16.25 7.37V, 4.50 25.50 1.90 20.62'A 3.70 Royal Trust Sandwell Teledyne Traders Pld Trimac Westlleld Min Weston A Pfd While Yukon PIPELINE STOCKS Alia Gas Trk A Alta Gas Trk Pld Alia Nat Gas Gaz Metro Gas Metro A Pld Inland Nat Gas N a C Gas N a C Gas B Pfd Trans-Cda Pipe Trans-Cda Pipe A Ptd Trans-Cda B Pld Trans-Cda War WC Trans WC Trans War CALGARY Acroll Barons Oil N. Continental Western Warner VANCOUVER MjNES Bathurst Norsemines Cima Resources Dankoe Davenport Lornex North Mines Primer Pyramid Silver Standard Valley Copper INDUSTRIALS Key Industries Wardair OILS August Petroleum Plains Pete Stampede Int'l Resources MUTUAL FUNDS All Cdn. Compound All Cdn. Dividend All Cdn. Ventures American Growth Fund A.G.F. Special Cdn. Investment Fund Eaton Commonwealth Eaton Leverage Eaton Int'l Venture Corp. Investors Corp Investors Stock Fund Dreylus Fund U.S. Grouped Income Shares Growth Equity Investors Growth Fund Investors Mutual Mutual Accumulating Nat. Resources' N.W. Cdn. N.W. Growth Principal Growth Royfund Templeton Growth United Accumulative Universal Savings Vanguard Toronto mines, industrials (Supplied by Richardson Securities of Canada) MINES Acme Advocate Asb. Akaitcho Bralorne Broulan Bethlehom Bovis Brunswick Can. NW Land Canada, Jung. Cassiar Csntral Pat: Cnimo Con west Cons. Rambler Coin Lake Cochenour Craigmont Dickenson Mines Denison Mines D'Eldona Dome Mines Discovery Mines. East Malartic East Sullivan Falconbridge Frobex First Maritlmes Giant Y.K. Granduc Hollinger A Hodson Bay A Hydra Ex. Iron Bay Iso Jollet Quebec Kerr Addison Key Anacon Labrador Lake Shore Langis Silver Madsen R.L. Malartic G.F. Martin McNeely Msclntyre Mela Midrim intern Mogul NuWest Homes New Atnona New Calumet Noranda Northgale Norlex Pine Point Placer Dev. Pax Exp. Quebec Man Rayrock Radiore Rio Algom Roman Corp. Sherhtt Gordon Steep Rock Sunningdale Tek Corp. A Texmont United Canso Western Mines WH Copper Mines Wright Hargreaves Willroy .Windfall Yeliowknlle Bear Zenmac 1.30 1.90 1.25 .37 9.62'A 1.16 3.70 3.40 3.15 4.60 .85 .38 2.75 1.55 .19 1.35 3.45 9.75 45.25 .29 54.50 2.15 4.30 1.72 27.75 .1314 .36 13.25 1.18 25.25 15.25 .72 4.90 1.07 .24 12.25 .23 24.50 4.10 .15 .66 1.28 .30V4 43.00 ,10'A .11 3.25 7.3TA .23 .16 32.00 3.90 .14 29.00 15.25 1.45 1.02 .20 23.50 12.75 6.00 1.08 3.90 2.80 .18 7.62VS 1.73 1.61 1.57 1.70 ,10'A 2.25 .06 TORONTO INDUSTRIALS Abltlbl Alcan Algoma Steel Atco Ind Agra Ind Bell Tel 9.87VS 27.75 Brascan A B.C. Tel Burns B.C. Forest B.C. Sugar Bow Valley Ind Cable CAE Ind Calgary Power Canbra Foods Can Cellulose Carling O'Keefe Chemsell CWN Gas Pld Cdn Industries Cdn Marconi Cdn Vickers Chrysler CPR Cominco Cons Bathurst Cons Gas Dist Seagrams Dom Bridge Domtar Dorti Textila Dom Stores Dome Pete Dofasco Glen Mob Homes Gt Cdn Oil Sds Gen Motors Gt Lakes Paper Gulf Oil Cda Greyhound Lines Hawker Sid Hiram Walker A Huron Erie Imp Oil A Imasca A Int Nickel Int Pipe Inv Group A IU International IAC Jannock Kaps Kelly Doug A Laurentide Loeb Loblaw A Metro Stores Massey Ferg McMillan Bloedell Moore Corp Molsons A Molsons B Nachurs North S Cent Peyto Power Corp Prico Co Rothmans Shell CDA Simpson's Simp Sears Steel ol Can A Selkirk A Texaco Trad Group A Tr Mtn Pipe Tr Can Pipe Union Carbide Union Gas Union Oil United Slscoe Versatile Mfg Westeel Weston's Woodwards A BANKS Cdn Imperial Montreal Nova Scotia Royal Toronto-Dom 12.75 53.50 10.75 14.00 23.00 13.00 13.00 7.25 24.50 3.10 6.1214 2.15 3.75 8.50 17.62'A 3.35 13.75 9.50 16.50 26.87V4 24.00 16.12'A 36.1214 19.75 20.25 6.62% 17.75 26.50 25.75 1.50 7.25 37.50 16.26 30.12V4 15.50 5.00 43.25 26.6214 27.37V4 28.50 24.00 13.75 7.25 11.00 18.8714 6.00 2.20 5.25 8.25 3.15 6.62'A 15.00 14.75 23.12VS 47.37V4 18.00 16.25 7.75 11.25 3.70 9.00 13.25 10.75 15.75 9.25 10.75 12.25 32.00 12.75- 10.621S 11.00 18.50 8.3714 8.50 4.05 7.25 25.50 20.50 22.00 26.00 14.8714 40.37'A 31.37'A 39.00 New York (Supplied by Richardion Securities of Cinida) Amr T T 50.87'A Woolworth 14.00 Anaconda Westlnghouse Elac 12.37V, Beth Steel 29.75 U.S. Steel 47.75 Chrysler 9.50 Gen Tel Elec 22.37W Comsat 32.25 TORONTO AVERAGES Dupont 100.00 20 Induslrlnto 184.37 down .09 General Motors 37.50 20 Golds 454.69 up 8.52 Gull 10 Base Metals 68.44 up .15 Int Harvester 15 Western Oils 162.57 down .89 Kenn Copper' 34.00 Volume Montgomery Ward 19.25 AVERAGES Sears 61.1214 JO Industrials 731.30 unchanged Exxon 73.75 20 Rails 160.23 down .20 Texas Quit 26.37% 15 Utilities 81.32 down .32 Texas Co 25.25 65 Stocks 233.30 down .22 Wlx Corporation 11.75 Volume Market prices continue decline 24.75 5.75 4.55 10.87'A 4.75 1.03 48.00 5.87'A 12.87'A 56.00 17.00 6.12VS 50.00 8.25 11.3714 21.00 11.25 60.50 33.00 1.08 22.75 2.70 .32 .05 .02 .15 1.15 .60 2.40 .65 4.25 2.30 .10 .06 1.15 6.45 .06 1.45 .16 .08 .76 5.17 5.53 2.20 3.86 2.10 4.31 12.44 2.88 2.66 5.42 4.07 9.14 2.55 5.40 10.77 5.08 5.13 3.64 4.54 3.84 3.61 5.16 7.28 3.96 7.13 4.26 TORONTO (CP) The To- ronto stock market headed lower again Wednesday with prices down moderately in light mid-morning trading. The industrial index, wide- lybased indicator of market trend, was off .74 to 183.72 after closing lower the two previous days. Western oils lost .99 to 162.47. Exceptions to the trend were mining shares. The gold index was up 8.23 to 454.40 and the base metal index .43 to 68.02. Livestock Calgary CALGARY (CP) Receipts to 11 a.m. Wednesday at the Calgary public stockyards totalled head, mostly high yielding slaughter steers. Trade was active. Slaughter steers sold steady to local and eastern demands. One package of 26 steers sold at J36.80. Steers weighing pounds and under were discounted There were insufficient slaughter heifers sold early to test the market. Light receipts of cows traded at generally steady prices. Good bulls sold steady. Steers, Al. A2: 35-36. A3: 33.50-35. Cows: Mostly lower grades. D3: 20- 23.50. D4: 16.50-20. 20-23.50 There were insufficient feeder cattle on offer. No hogs were sold to 11 a.m. Ocelot Industries resumed trading and was up 2 to Trading was halted Tuesday pending news that Ocelot has entered an agreement to sell a substantial volume of natural gas and natural gas liquids. MONTREAL tCP) Prices were lower in moderate trading at noon Wednesday on the Montreal Stock Ex- change, continuing a trend started two days before. Analysts said Investors are generally Imppy about declining interest rates but cannot overlook dismal economic prospects for 1975, particularly in the automobile industry. The composite was the only advanc- ing indicator, up 0.47 to 164.57: Utilities declined 0.80 to 139.09, industrials 0.55 to 187.41, papers (1.42 to 105.10 and banks 0.16 to 249.97. Zellers was off '.4 to Alcan Aluminium toSHWi, Bell Canada to and Husky Oil 'A to Chrysler, which Monday reported 1974 fourth-quarter losses of million, lost V, to UH. Among speculative issues, Dollar value MONTREAL dollar in terms of Canadian funds- at noon Wednesday was off 2-25 at Jl.OO 6-25. Pound sterling was up 4-25 at 33- 100. InNNew York, the Canadian dollar was up 2-25 at 19-25. Pound sterl- ing was up 7-20 at 3-4. St. Lawrence Cement A fell ,to Seagrams Vz to Weston to Price to and Guardian Capital 30 cents to Among golds, Oickenson rose to Camflo to Market trends Belleterre Quebec was unchanged at 92 cents on volume of shares. VANCOUVER (CP) Prices were up in light trading Wednesday on the Vancouver Stock Exchange. Early volume was shares. In the industrials, EDP Industries was unchanged at .04. In the mines, Thor Explorations was up .05 at In the oils. Charleston was down .01 at .33. On the curb exchange Balmoral was down .02 at .26. NEW YORK {API Stock prices were steady Wednesday, having recovered from early as investors bought into market weakness. The Dow Jones average of 30 in- dustrials at noon was unchanged from Tuesday's close, resting at 731.30. It was down over five points earlier. De- clines led advances 598 to 466 among issues traded on the New York Stock Exchange. On the NYSE, the composite index lost .04 to 42.88. Pan American world Airways, given the go-ahead by the While House over the weekend to ac- cept Iranian financial aid, was the most-active issue, steady at Among Canadian issues on the NYSE, Campbell'Red Lake was up Vfc Pamour to and AgnicoEagle lk to Hudson Bay Mining A' lost lk to Asomera Oil dropped to Ranger 'A to and Alberta Eastern 1 to Cana- dian Superior rose to at Dome Mines to J547A and Inlurnatinal Nickel 'A to Massey Ferguson was down to Hiram Walker to Cana- dian Pacific ft to and Alcan Vs to Chicago markets CHICAGO (AP) Some farm com- modity futures came under strong sell- ing pressure Tuesday and closed with limit losses. The big losers on Midwest Ex- changes included soybeans, 20 cents a bushel, soybean oil 100 points, and shell eggs 2 cents a dozen, or 200 points. Other gains also fell sharply. Wheat was down 16 cents, corn nearly 9 and oats 1lk. Soy meal was down 53 a ton. Gold futures rose At the close of the grain market, soybeans were 18 to 20 cents a bushel lower. March 5.72Vi wheat 12 to 16V4 lower, March 3.92'A; corn 2 to 8Ms lower, March 3.01% and oats 2Va lower to 1 higher, March 1.65Mi. Grain quotations Tuesday: Wheat: Mar 3.92'A; May 3.88; Jul 3.73: Sop 3.78; Dec 3.88. Corn: Mar May 3.04; Jul 3.05; Sep 2.91'A; Dec 2.79. Oats: Mar May 1.56; Jul 1.49Vi: Sep Dec 1.51. WINNIPEG (CP) Prices con- tinued to plummet In relatively light activity through mid-session Wednes- day on the Winnipeg Commodity Ex- change. Most ollsuvds dropped to or near their daily trading limits, while corn was down Its 10-cent-a-bushel limit In all months. Other feed grains also .showed heavy losses, Tuesday's volume of trade was 000 bushels of feed wheat, 916.000 of oats. 807.000 of barley, of rye, of flax and of rapcseed. There was no trading in corn. MIDSESSION PRICES: Thunder Bay rapcseed: May 13% lower C.51A; July 18 lower 6.58A; Oct. 19 lower 6.53A; Nov. 10 lower 6.35A. Vancouver rapeseed: Mar 13% lower June 16K lower Sept. 16 lower 6.47; Nov. 15 lower 6.40A. Flax: May 28 lower 8.22B; July 30 lower 7.80; Oct. 30 lower 7.71 A; Nov. 29 lower 7.60A. Feed wheat: May six lower 3.81A; July two lower 3.63A; Oct. not open. Corn; Mar. 10 lower 3.38A; May 10 lower July 10 lower 3.40VjA. Gold futures WINNIPEG (CP) Gold futures, U.S. funds, Winnipeg Commodity Ex- change close Tuesday. 400-OUNCE CONTRACTS: Apr 75 184.75; Jly 75 188.55B; Oct 75 192.60B; Jan 76 196.70B Apr 7li 199.60B. Monday's Volume: 127 contracts. 100-OUNCE CONTRACTS: Feb. 75 183.50B; May 75 1B6.40B; Aug 75 1W.40B; Nov 75 194.40B; Feb 76 197.70B. Monday's volume: 75 contracts. Feed prices WINNIPEG (CP) Wheat board domestic feed grain.prices Tuesday: No. 1 feed barley 2.66'A; No. 1 feed oats Daily: May TO lower 2.55; July four lower Z.60A; Oct. eight lower Oats: May W4 lower 1.78A: July 4Vi lower Oct. not open. liyc: May five lower 2.53; July 5% lower 2.48A; Oct. not open. Canadian Pacific Director DONALD C. MATTHEWS The appointment of Donald C. Matthews of Calgary, as a director of Canadian Pacific Limited, is an- nounced by Ian D. Sinclair, chairman and chief executive of- ficer. Mr. Matthews is president and general manager of Highland Slock Farms Ltd. a director of the Cana- dian Cattlemen's Association and a member of a number of agricultural organizations and associations. Sears Wallpaper spectacular dry-strippaWe Pre-pasted easy to apply, just wet 'n' hang Scrubbable coated to resist stains Dfy-strippable easy dry-removal when re- decorating. Choice of many patterns and colors each double roll washable papers easy to apply just wet 'n' hang Washable sponges off with soapy water Choose from a wide range of colors and patterns each double roll Color it beautiful Both wallpaper and dry-strippable wall coverings are easy to hang and easy to clean. Patterns for every room in your home. Personal Shopping only Hurry in for best selection Important Sears wallpapers are available in double rolls only to reduce waste in cutting. Each double roll meas- ures 20.3 in. x 41.4 ft. and covers a wall 8' x 8' or approximately 64 sq.ft. Bring your room dimensions. Simpsons-Seers Limited Account AtShnpeons-Sem you get the tfemt guarartee'SetWactoi or money rehmcted" Store Open Dally a.m. to p.m. Thursday and Friday a.m. to p.m. Centre Village Mall. Telephone 328-9231 ;