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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 21, 1972, Lethbridge, Alberta Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Dohcrty, McCualg Limited) LAST BID Oil SALE a.m. Quotes) a.m. Quotes) a.m. Quotes! Market in slump after 4-day gain WESTERN OILS ln-x Alia East Gas TORONTO (CP) Prices in most major sectors of ths To- ronto stock market moved frac- tionally lower interrupting four consecutive advancing sessions in moderate midmorning trad- tog today. The industrial index was down .39 to 199.13, golds .26 to 174.52 and western oils .19 to 212.09. Base metals were up .52 to 37.79 Volume by 11 am. was shares, compared with at the same time Friday. Hcwever, advaroes outnum- bered declines J21 to 31 with 161 issues unchanged. Banking, beverage, utility and j construction arcl materials is- sues posted moderate declines. Communications, merchandis- ing, steel, trust and loan, end o.l refining issues moved mod- erately higher. Bell dropped Vi to Tara "i to Consumers' Gas "t to Brascan to Power Corp. to and Vic- toria ond Grey Trust 'i to Walker-Gooderham fell to Wiley Oil 'i to to and Imperial Oil Ye to Great West Life was up 1 to Dawson Developments H to at the same time Friday. Ve'.cro Industries gained 1 to Placer Development 1 to Cominco to Canada Packers Vt to Alcan >A to and Husky Oil Vi to and Husky Oil Vi to Distillers-Seagrams lost to Bell Canada !o Rapid Data to and Impe- rial Oil V4 to Asamera Ashland BP Oil Gas Can south Cdn Ex Gas Cdn Cdn Home Pfd Cdn Ind Gns Oil Cdn Lena, Is Cdn Super Charter Chieftan Dome Pete Gt Plains Gt CrJn OH Lodiiel North Cdn Oil Numac Pan CtJn Pete Pan Ocean Patrol Pinnacle Plac-3 Gas Ponder Ranger Scurry Rain Spoorer Eelbens Total Ulster West Decaita West Pete Hud Bay Oil Pfrj 5.75 Hugh Russell 6.10 Husky Oil 18.6216 Husky Oil B 1 00 Husky OH War 5.65 inter Prov Pipe 5.7U inter Prov Steel 3.J5 Kaiser Res 8-10 MGF Manags 15.50 Pacific Pete 10.00 Teledyne .60 West Cdn Seed White Yukon 5 10 CALGARY 9.50 Acroll 29.87VJ Barons Oil 29.00 Madison 5.10 North Cont 1.54 Warner PIPELINE STOCKS 13.87V'' Alta Gas Tr L A S4.2S Gas Tr L Pfd 79.00 12.25 Alta Hat Gas 22.50 Inland Net Gas 1.28 .53 1.10 450 I'M 635 and C Gas 13.75 N end C B Pfd 29.50 Pacific Gas Tr 13.50 Gar Metro 6.1J' Gaz Metro Pfd A 69.50 Tr Cdn P 40.75 Tr Cdn P Pfd B Tr Cdn P Pfd A 75.55 Tr Cdn P WC Trans 511 JiA Mutual Ac 25.50 Mutual Gr I Res N W Fin 5.60 N W Gr Principal Gr 9 25 Royfuntl 3.90 Temp Gr 2.90 United Ac 21 Ot) Universal Say VANCOUVER 5.871'? MINES 10.75 Anuk Arctic Mining Explw Bath Ncrse Brenda Churchill Copper Croyden Dankoe Dolly Varden Dynasty Pert Reliance Glent Masco' .50 .05 .11 .01 -52 5.7B 6.3fi 5.62 6.40 7.11 7.77 t S9 53 6.11 6.71 5.09 6.26 6.51 6.B7 5.JO 13 6.63 Granisle Kamltjcps Copper Lytton Minerals Primer Pyramid Silver Stondard Texmtmt 13.87W Trojan 30.iO Valley Copper .33 s 90 Coal strike takes toll on economy MISCELLANEOUS INDUSTRIES Aqualaine Brincr, Ctfn A Cdn Brew B Cdn Pacific in1 CrcwcncM Ind Cygnus A Cygnus B Copper Genstsr Hcme A j Home B I Hud Day Co Hud any Oil VJC War 10.B7V2 WC MUTUAL FUNDS INDUSTRIALS AI Cdn Com B 41 9.41 Block Brcs 3.50 All Cdn Dlvid 9.61 10.50 B.C. Suoar 20.15 All Cdn Vent 4.02 4.39 B.C. Sugar Pfd 16.75 Amr Gr F 6.77 7.43 Capt Inler 6.75 30.25 AGF Special 3.43 Crestcrcok F Ind -US 36.25 Cdn Invest F 5.05 5.55 Growers B 3.60 26.25 Col Mutual 6.64 7.29 Key Indust .-15 27.50 Cmnw Inier 14.27 15.58 Hys 3.10 Cmnv; Lev 3.73 4.15 Interior Brew 3.ID 6.37V: Corp Invest 6.01 6.57 Inter Mariner .6? Corp Invest S F 5.13 5.6Q Pacific W AV 15.12V2 DreyfUS F U.S. 12.52 Klfi Stampede I nil Res .55 24.75 Gr In Shares 3.94 4.33 OILS 33.75 Gr Equity 7.19 7.90 Albany Oils .50 1967V7 Invest Gr F 6.04 6.64 Plains Pete .27 43.25 Invest Mutual 5.74 6.28 West Explcr .17 Cominco to Texas Gulf Sulphur '.i to JWs and Inco Vt to 323i. PRICES SLIP MONTREAL (CP) Prices slipped in all sectors in slow trading on Ihe Montreol stock market today. Utilities led tha retreat mov- ing down .49 to 166.42 as in dustrials lost .19 to 198.56, banks .02 to 270.24, the composite .24 to 200.04 and papers .27 to 88.80 Combined volume on the Montreal and Canadian slock exchanges at 11 am. was shares, compared with Bank reports increased earnings TORONTO (CP) Canadian Imperial Bank of Commerce re- ports an increase in balance of revenue after taxes for three months to Jan. 31. Balance of LONDON (AP) The coal strike lias shaken the British economy, but r-o too has the j economy taken its toll on the i mining business, Britain's miners contend. j In the last 15 years, two-thirds of Bri :ain's 822 colleries have been shut down by economy drives, reducirif! the work force from more than to With automation, Uie roal miners say, the coal industry has increased the average yearly production of a single miner to 463 tons last year from 284.6 tons of coal in W37. In the same period, they said, the cost of producing a single ton of coal has risen only 50 cents, to from Toronto mines, industrials (Supplied Bv Richardson Secnrilies of Canada) LAST BID OR vSALE a.m. OUOTB-J) a.m. Quotes) CNR jobs possible Pickett Monday, February 21, 1972 THE LETHBRIDGE HERAIB 17 taxes, the best indicator of a bank's performance, was compared with during the corre- sponding period in 1971. As reported earlier, balance of revenue before taxes in- creased 40 per cent to from a year earlier. The bank said improved earn- ings resulted from an increase in commercial, industrial and consumer loans and an im- provement in revenue from services and foreign currency busines. Assets as of Jan. 31 readied S12.23 billion, up from bil- lion a year earlier. Grain prices Winnipeg Grain WINNIPEG (CP) All prices were at slightly lower levels in an extremely light trade at mid-session on the Winnipeg Grain Exchange to- day. Tire lack of trading activity was a result of the U.S. na- tional holiday which closed mar- kets 'm (bat country. Oilseed prices were down jout one cent in all futures. the feed grains were unchanged or fractionally lower and rye was off as much as 1% cents in some months. the Volume of trade Friday con- j sisied of bushels of flax, after of Vancouver rape- a.m. Quotes) MINES Acme .3 Advccale Asb. Akaitcho 1.80 Broulan Bethlehem Brunswick Canada Tung. Casslar Central Pa) Chimo Conwesf Conn. Ra.-nbler Coin Lake Craigmcnt Dickcnscn Mines Mines Horn D'EIdona Dome Mines Dcnalda Discovery Mines East Malartic East Sullivan Falconbritfge Frobex First Maritime! Giant Y.K. Bovis GrantJuc Headway R.L. Hollinger Hudson I Hydra E: iron Bay IEO joliet Quebec Kcrr Addison Key Aniicon Labrador Lake Shore Langls Silver Madsen R.L. Melartic G.F. Marlin McNcely Mac Inly re A'sta Midrim Intern Mogul New West Horns New Athona New Cclumet W. Hcrse Copper 2.66 3.20 1.S3 20.00 l.eo Horanda N'crlhgate or I ex Osisko Pine Point Placer Dev. P.C. Exp. Ouebec Man Rayrock Redicre Rio Algom 1.18 Roman Corp. B.OS Sherrilt Gordon] Silver Miller .10 Steep Rock .35 Tek Corp. 8.60 Te-xmonl 1.20 Upper Canada 2B.OO Western Mines .04 Wright Hargreaaras qi directors. ment Friday during an apear-, ing in Canada, and foreifin- Imperial is one of the largest I ancc before the Ontario legisla- j owned firms should be encoiir- Gas utilities hit price aged to expand Ihe number of their Canadian directors and managers ''as rapidly as possi- ble." "All nine members of Imperi- al's board of directors are full- time employees whose careers hcvu been spent in the oil indus- he said. of the nine arc Canadian-born and Cana- dian citizens. .MOST OFFICIALS CANADIAN He said (lie company's Alberta government should in-llhs energy resources 'consTva-' management group, in crease natural gas ar.d not artificially increase prices, says a brief prepared j was released in advance It' 's a" purposes'1 by the province's major gas EDMONTON7 (CP) The; The brief was prepared for royalties j (ion board's Feb. hearing on head and in gas field prices fcr natural cas'anci I offices across the country, utilities. Nationalist China raps Nixon visit Friends again Hog prices TOKYO (Reuter) Japan and Mongolia established diplo- matic relations today. A joint communique, issued simultnncausly in Tokyo and Man lialor. expresacl confi- dence She establishment i of diplomatic relations will pro- I mote II- development of ceo- noraic cultural co-operation between the two countries seed, of Thunder Bay rapeseed and of rye. Midsession prices: Flax: May lower 2.G6'.iB: July 'i lower Oct. lower 2.551.4B; Nov. unchanged 2.66A. Rapeseed Vancouver: March 1 lower 2.51A; June Ti lower Sep. 3j lower 2.43'. iA; NTov. not open. Rapeseed Thunder Bay: May lower July 'l lower 2.34A; Oct. uneliangcd Nov. not open. Oats: May U lower GS'.iB; July and Oct. not opeji. Barley: May unchanged July "lower 1.09-ls; Oct. not open. Rye: May lli lower 97A; July 1 Imver 94: Oct. Is lower 97'kA. New York stocks (Supplied By Richardson Securities of Canada) The New York Stock Market 20 Golds 174.15 off .C3 is closed today. 10 Base Metals 87.78 up .51 TORONTO AVERAGES 15 Western Oils 212.65 up .37 20 Industrials 199.63 up .11 Volume Soviet unmanned spaceship whirls around the moon MOSCOW (AP) The Soviet Union's latest unmanned moon probe. Luna 20, whirled around the moon for the third day today as Western experts specu- lated it would soon try a soft landing. Luna 20 was launched Feb. 11 and dipped into a circular orbit of the moon Feb. 18. The Soviet news agency Tas said then the craft was circling the moon every hour and 58 minutes at an allitudc of 62 miies. Tass has provided no informa- lion on what the spacecraft will do next. But West G receiving excellent radio signals from Luna 20 and that the craft would be in a position to make a soft landing today. Western experts based in Moscow also believe Luna 20 will attempt a sofManding. EDMONTON (CP) Aver- i mi urn nuca a age prices to 11 a.m. provided j B o c h u m Observatory, which by the Alberta Hog Producers monitors Soviet space shots, re- KII.I.S S BANGKOK, Thailand (Reu- ter) Communist guerrillas killed eight policemen and a vil- tagc head m a n in weekend clashes in southern Thailand, provincial sources said Monday. Friday, Red Deer: 2S Friday. 29.79. Calgary: 28.70. Friday. 29.82. Lelhbridgc: Nil. Friday. 29.57. Lbydminster: Nil Friday, Total hogs sold Aver- age 29.fi2. Avenlfic AverW A v e r a go Average Average ported Sunday night that it was ANNUAL MEETING Toke notice that the ANNUAL GENERAL MEETING of LETHBRIDGE BRANCH AlBEKTA MOTOR ASSOCIATION Will be hold in ERICKSEN'S FAMILY RESTAURANT 1715 Mayor Mograth Drive Tuesday, Feb. 29th, 1972 p.m. For the purpose of receiving tho Annual Reporls, tho flection of Directors, and the consideration of such other business as may properly come beforo the meet. F. T. KING, Chairman _______ J. R. RHODES, Secretary Net earnings Bv THE CANADIAN PIIESS Canadian tliree months Livestock Calgary livestock CALGARY (CP) _ Receipts at the Calgary Livestock Mar- ket to 11 a.m., about 300 head: mostly cou-s. Trade was ae- Police chief seeks hike in budget EDMONTON