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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 22, 1972, Lethbridge, Alberta Toronto market continues advance Miscellaneous Grain shipment Vnnrouvpr. Cnlnnrv. Montrpnl efforts continue Tuesday, Februnry 32, 1972 THE LETHBEIDGE HERALD 13 SHELL CANADA SbN'IOR APPOINTMENTS TORONTO The up- ward trend on the Toronto slock market continued with prices in most sectors posling moderate gains in active mid-morninp trading today. The industrial index was ahead .64 to 200.09 and western oils .Cfi to 213.55. Golds slipped .21 to 173.9.1 and base metals .11 lo 8B.11. Volume hy II a.m. was shares, compared with 735 000 aL [he same time Mon- day. Trading was hnllod at the opening in all shares nf Pecl- Eldcr at the request of the com- pany, pending release of corpo- rate information. The stock closed Monday at up Advances held a moderate margin over declines. Banking, merchandising, in- dustrial mining, real estate, steel and food processing stocks poslcd broad gains. Communi- cations, utility, general manu- facturing and construction and materials issues edged lower Texas Gulf Sulphur gained 1 (o Greel-bzest Ufe 1 to Numac to Mont- real Trust to 521. Algoma Steel ]2 to and Slicrritt '.H tO Occidental Pete fell "K to Jll-4, Falconhrirlge Copper to Consumers Distribu- ting VH to Alberta Eastern Gas 10 cents to S5.90 and Dy- nasty five cents to 57.35. PRK'ES HECOVKU MONTREAL (CP) Prices began to recover from a recent Montana piaiu workers heave sigh of relief COLUMBIA FALLS, Mont. CAP) As dock workers re- turned to their jobs on the Uni- ted States west coast Monday, the 905 employees at the Co- lumbia Falls Anaconda alumi- num plant breathed a little eas- ier. The plant had been threaten- ed with curtailing operations had the strike continued. Now Uiat fillips arc being un- loaded again, a 35.000-1.on shio- ment of alumina, a raw mate- rial vital lo the production of aluminum, will forwarded lo Columbia Falls. The present supply of alumina was expect- ed to run out Feb. 2.1. downslide on the Montreal slock market as business got back to normal today after the weekend snowstorm practically p a r a- lysed Ihc oily. On index, industrials gained 1.51) to the composite to 201.50, papers 1.00 to 119.04, utilities .0! to ICO. 18 and banks lo 271.40. Combined volume on the Montreal and Canadian stock exchanges aL 11 a.m. ivas shares, compared with at the same lime Mon- day. Alcnn moved up ].i lo ?20rv The companv has announced it j will spend S4.5 milion to build an aluminum rod plant aL Ar- vida to he completed in mid- 1973. However, the company's capital spending this year is projected al about S150 million, down from S153 million in Great West Life gained P.I lo SRi, Rolhmans 1'it lo sztl'.i. Hoyal '1'rusl '.'i to S-llVi, Mont- real Trust I i lo S2I. Interna- tional Utilities V2 lo Rio Algom Vz to Texaco Can-; ada to Simpson's lo and TransCanada Pipe Lines 'a to S75r'ii. B.C. Telephone lost 'i lo i S64'.'i, Quohcc Telephone ]2 to! S1G and Weldwood 'i Lo sir MARKET mrriiEu NEW YORK (CP) Bluechip issues were weaker today, al- though the market V.T.S higher j in incflerately aclive Irrd'ng j after the t h r c e -d a y United Slates holiday weekend. Tlie Dow Jones average of :iO industrials, which teen I ahead 1 73 earlier, was off d.W at SIC.62 by noon. Advances led declines 7 lo 5. Among Canadians. Hudson's Bay Mining was up -t lo S2r'n: International Nickel at -S32TS j and Gen.slar Lid. at ?l5'i boih I advanced H: Canadian Pacific rt SH'fi and Dome Mines at were both up On Hie American Slock change. Scum' Rainbow Oil ad- vanced ij lo fl.m. Quotes) WESTERN OILS ,lla Gas S.flS Hi'anti M.I'' frn Or r CT L nnn fdn Supur Chnrlr-r Chic-Man O higher 2.3BUB: Ocl. higher i I Nov. not open. O.M-s: May uncharged MULTI-LINE INSURANCE CAREER OPPORTUNITY TWO AGENTS Will BE ADDED TO OUR STAFF IN IETHBRIDGE AND TABER AREAS Favorable compelitive position of our company men greater earnings for lepresenlntrvo We Will Furnish Financing Assistance Education and ExperiencB Need Nol Be Barrieri Phone 328-1175 and Ask For Sales Mnnoger July and Oct. nvil open, j May 'i higher 97' r' higher 91'i, Ocl. un- changed 07A. Grain quoies Monday (basis Lolcchcad': Jligli I.mv (lose lers Ifl.50 to 22.50. Good hulls 26 to 27.50. Replacement eaulo scarce, .selling steady. Slock calves were steady for quality. j 1'iood leedcr ileors more lhan ixninds :l-l lo .16.no. i slock calvc.s lo Conil slock heifer calvc.s 32.50 lo .H.lll. Hogs base price 28.I'll TKIlltll'V V.MC.Mll'.S Indians of Matlo j Oc Orosso, Brazil, enlarge I heir lover lips by Ibi'lll uilh n wooden plate in the In1- Jly hc.( it their enemies. I Oel Kaprsf ed Vaiicouv Mar 250 .Inn 250 MI IDB. business bans We cnn lend lo neaily every type ol enterprise1. manufacturing wholesale and iclnil trade lou'ism and recreation conslruclion ngnculluie transportation and storane "l! iiaeti financial assistance lo start, cxpan-.i. 01 a husmcrs .''.nvxvlioro in Cannrla, wo invile you lo voui ifOuiie.Tionlr. if. INDUSTRIAL BANK for this folder i niinninGf. ;