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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 29, 1972, Lethbridge, Alberta West oil stocks dip; others up TORONTO Wcslcrn bi! issues on the Toronto stock- market continued lo lose part of the advance recorded in recent sessions while prices in c'Jicr sectors moved higher in active mid-morning trading unlay. The western oil index fell 2.16 to 224.19 and golds .07 lo 75.60 Industrials were up .15 to 203.91 and base metals .16 to 91.9.1. Volume by 11 a.m. was shares, up from at the same time Monday. exchanges was shares at II a.m., compared with at the same lime Monday. Falconhridge Nickel gained 1 lo ?90, Asbestos Corp. V4 lo S27'.'i, Hudson Bay Mining lo S25 and Royal Tnisl 'A lo TransCanada PipeLines lost Hs lo Dome Petroleum lo People's Stores 'A to 510, Pelrofina Canada Vz to 524% and Walker-Gooderham Vt to 54G'.'i. On the Canadian Stock Ex- Advances led declines 101 to j change Canada Southern Petro- BG with 153 issues unchanged. Food processing, general mariufacluring, utility, beverage and industrial mining were among 10 of the industrial in- dex's 17 sub-groups which moved higher. Oil refining, steel, real estate ami Irust and loan issues drifted low er. Among oil issues, Canada Southern Pelc fell lf> mils lo Imperial Oil !i lo WJ's, Dome Pele to and lo Canadian General Invest- ments was up >'i lo STj'.j, Reed, at 921.73. Icum fell 30 cents to on 3.3CO shares. ACTIVE TRADE NEW YORK (AP) Mixed prices marked the tone of the stock market today in moder- ately artive trading. While brokers said the pres- sures of profit taking and selec- tive bargain hunting were about even, some of the blue chip is- sucj were weakening a little. At noon, the Dow Jones aver- age of 30 industrials was off 2.56 Shaw Osier '.i to Sin, Malta- garni >-i to Inco 's to SWs end Bank of Montreal to Texas Gulf S'ulphur fell j Consumer Distribulors toSM.Noranda li lo fffl's, Western Broadcasling lo H'.-i and Pro-Elder >z lo S21. PRICES Gainers held a slim lead over losers on the New York Slock Exchanyc. The Associated Press 60-stock average was off .5 lo 3.30.Q. Noon prices included Belhle- hcm Steel, up to Blinker Ramo, up to ft; Memorex, off 2U to ?27Vz; and International Paper, up U Lo MOXTKEAL (CP) Prices were higher in most seders in i Among Canadians, Mclntyre ]igliL trading Ihe Montreal Porcupine was oil to slock market loday. i Inlcmalional Nickel to ULililies rose .10 lo 1GG 2G, and Dome Mines 3? to banks .88 Lo 271.00, papers .20 lo Hudson's Bay Mining rose up 91.23 and Ihe .01 to to S247a and Genslar Ltd. lo 205.90. Industrials were off .M to 2CG.64. i On the American Stock Ex- Co m b 1 n e d volume on the change, Scurry Rainbow Oil de- Montreal and Canadian stock clinch 3s to DR. R. A. LACEY M.B., B.S. F.R.C.S., M.R.C.O.G., SPECIALIST IN OBSTETRICS AND GYNAECOLOGY WISHES TO ANNOUNCE THE LOCATION OF HIS OFFICE AT 1283 3rd AVENUE SOUTH LETHBR1DGE, ALBERTA FROM 1st MARCH, 1972 BY APPOINTMENT TELEPHONE 327-8171 SALES EXECUTIVE REQUIRED IMMEDIATELY For company thai Is the leader In ils field Train while you earn lo per month plus ear, percentage of profffs. Plus full company benefits. No trivelling. Excellent opportunity for advancement into managerial position. Reply to President P.O. Box 550, Lethbridge, Alta. FOR SALE BY OWNER At One of Lerhfaridge's Best Locations 605 28th Street South, Lethbridge Such features as: TBOO iq. ft. on the ninin floor, 3 bedrooms, dining room with buill in chinn cabinet, Tappnn deluxe dishwasher, family room, built in healed garago wilh electric door Br, two patios ono covered, professionally landscaped, underground sprinkler lystcm, wall lo wall carpel! In all roomi, two full FULI SO 7 IGjfun PRICE I jDUU DOWN PAYMENT OPEN Contact BILL MORGAN Res. Ph. 328-3729 Bus. Ph. 328-6056 Two killed 111 snow plow mishap THHEE HrLLS (CP) Vcra Marlcnc Kcslerkc, 89- and her three year olrl son, Lylo Ed- ward, were killed when the half ton tmck they were rid- ing in sltuck- (lie rear of a .'Pi- ton snow plow near Three Hills, 45 miles souLhca.sl. of Red Deer. The husband, Elmer, 42, was injured in the accident Last week, Joseph K Burn- slick, -15, of Calahoo' was killed when his car collided head on V.'jth a snow plow, 20 miles nortlnrest of Edmonton. Grain prices Winnipeg Grain WINNIPEG (CP) Oilseed prices continued slronR lo raid- session today on the Winnipeg Grain Exchange. Flax had some commission house buying and rapcseed had some exporter 'merest. Monday's volume of trade was bushels of flax, of rye and of rapesecd. Mid-session prices: Flax: May higher 2.6G'A; July 7i higher Z.H'.'sB; Oct. liighcr 2.C7VJB; Nov. un- changed Rapeseed Vancouver: March unchanged June higher 2.51'aA; Sep. higher Nov. unchanged Hapeseed Thunder Bay: May 2 higher 2.39B; July higher 2.39liB; Oct. higher Nov. unchanged 2.-30B. Oals: May unchanged W'tA; July unchanged 69A; Oct. not open. Barley: May unchanged I.001J; July unchanged 1 09K; Oct. not open. Rye: May 7i higher July higher DT'.i: Oct. higher 99. WINNIPEG (CP) Grain quotes Monday (basis Lake- Low High Close 2C4'.t 265 Flax May Jly Oct N'cv Rapcsccd Vancouver Ular Jun Scp 250U 248! i Rapeseed Thunder Bay May 23H a 23G 237 239Vi 2G5'i 2C3'.i 250'i 2.W l 2nd1 i Jly Oct Nov Oals May Jly Oct Barley 68'i 69 240 09 May Jly Oct Rye May Jly Oct ICOlz 1091! 1091! 101 97 99 101 97 Net earnings By THE CANADIAN PRESS British C o 1 n m h i a Packers Ud., year ended Dec. 31: 1971, a shave; 1970, S'2.80. CP Air, >TT- er-'rrf 1971, million; 1970, 51 mil- lion. Canadian Marconi Co., nine months ended Doc. 31: 1971, 1970, Canadian Superior Oil Ltd., ended Dec 31: 1971, S9.8 million, SI.15 a share; 1970, S3.7 Tlillion, 44 cents. Canadian Virkcrs Ltd., year T.cled Nov. 30: 11171. a share: 1970, Maplp Leaf Mills I.dl., year ended Dec. 31: 1971, a share; 1970, I Shprriil Gordon Minos I.Id., year ended Doc. si: 1971, 02 cents a share; 1970, By Genejnwcctto JUST INTRODUCED A LIGHTWEIGHT; COMPLETELY PORTABLE ROOM AIR CON PmONER.WITHTHANDlE 93 IT CAN BE CARRIED AROUND AS EASILY AS A PORTABLE TV. IT MEASURES -AND WITH A NEW 'MICRO-MINI" COMPRESSOR PRODUCES 4OOQ Livestock market t report Letlibridge Livestock Tliere were no cattle sales Monday due lo Hie weekly sale of ivcaner and feeder lioys. Sales 300 hogs. All good classes ol quality hogs met very good demand at higher prices. Weaners sold lo S2 per head higher. Light feeders under 100 pounds, higher. Weaners: 13- 15; light feeders under 100 pounds 15-24.75; heavy feeders pounds 13-20.50; heavy feeders over 130 pounds Light feeders under 100 pounds sold from 22.50-30 per CRi; heavy feeders over 1W) pounds 19.21.50 per cent. Butcher hogs sold Monday at the Lethbridgc yards 29.30-29.35 base price. Calgary livestock CALGARY (CP) Receipts at the Calgary livestock mar- ket to 11 a.m., about head; mostly slaughter steers Hog prices EDMONTON (CP) Aver- age prices lo 11 a.m. provided by the Alburta Hog Producers Marketing Board: Edmonton: 28.SO aver age Monday 29.24. Red Deer: 28.90, average Monday 29.48. Calgary: 23.90, average Monday 2S.35. Lethbridgc: Nil, average Monday 2D.10. Lloydminsler: Nil, average Monday 28.92. Grande Prairie: Nil, average Monday 28.93. Total hogs sold 489, total hogs sold Monday average 29.27. Sows average 20.25. NAME CHANGED VICTORIA (CP) The Brit- ish Coiumhia Legislature ap- proved legislalion changing the name of the Pacific Great Eastern Railway to the British Columbia Railway. and cows. Trade was nctlvc with a broad demand. Slaughter steers were full steady with good Holstcins 32 to 33; heifers wore in relatively short supply selling 50 cents higher; cows were a full 50 ccrt3 higher with heifery kinds to 20.90; bulls were steady. Choice slaughter steers 34.25 to M.80, good 33.50 to 34.50, me- dium 32.25 lo 33.25. Choice heif- ers 32.50 lo 33.40, good 1.25 to 32.50, medium 29 to 81. Good cows 2-1.75 to 25.50, medium 24 to 24.75, cannrrs and cullers 20 lo 21. Good bulls 2fi (o 27.50. Replacerr.enl cattle were scarce with most of. Uio offering short keep steers and heifers selling slcndy. Stock calves were scarce and steady. Good feeder steers more than 750 pounds 34 to 30. Good feed- er heifers 31 lo 32.70. Good slock heifers calves 34 to 35.75. Hogs base price 2S.90. Toronto industrials (Supplied By Richardson Securities ol Canada) LAST BID on SALE B.m. Quotes) a.m. Quoics) rn-oo a.m. MINES Acme Advocate Asb. Akaiicho Brdlcrna Broulan Dclhiehem Brunswick Canada Tung. Casslar Central Pot. Chimo Conwest Cons. Rambler Coin Lake Cochenour Cralgmont Dickenson Mines Denison Mines Deer Horn D'Eldona Dome Mines Donnldfl Discovery Mines East Malar-lie East SullK-an Fa Icon bridge Frobcx First Msrlllmes Giant Y.K. Bovis Granduc Headway R.L. Hollinger Hudson Bay M-S Hydra Ex. Iron Bay Iso Jollet Quebec Kerr Addlson Key Anacon Labrador Lake Shore Lnngls Silver Medsen R L. Malarflc G.F, Marlln McHecly Maclnlyre Mela Midrim Intern Mogul New West Homi New Alhcna New Calumet W. Horsa Copper Noranda Northgalf Norlex 3 60 1.51 1.16 8.10 1.95 e 60 1.15 29-00 J6 1.15 3.40 90.03 G 50 2.25 5.70 7.00 39.00 2J.7S Pine Point Plscor Dev. P.C. Exp. Quebec Man Rayrock Rio Roman Corp. Sherrlll Gordon Silver Miller i Sleep RocK Tek Corp. Dofaico Cable mont 1.16 17 7.5 7.CO 16 m .0.1'i 2.25 5.00 ada Mines Wriqhl Hargreavci Willroy Windfall Ypllowknlfe Bear Zenmoc INDUSTRIALS Gl LaWs Gull Oil Cda Gr-oyiiouncj Hawker Sid Huron, Erie Hiram Walk I Oil 39.75 6.55 .77 Algomn Steel Allan Sugar Agra Ind B.C. Fores! B t Sugar Bow Valley i CAE Ind Cdn Brew Chemcell CD) Ccllulcie Cal Power Coron Credit C W N. Gas Cdn Indusl Canaoa S Cdn Marccnl Cdn Vickers Chrysler CPR Cons Bath Cons Gss Cdn W.N. Gas Dist Sea Dom BrlrJoa Dornlar Dom Textile Dom Dome Pel 21.M 11.00 7.00 11 B7i' AS 121 77.12V W.CQ Impe Inl Nickel Int Pipe Inv Gn A In) Ulililics Indusl Accep! Laurc-nlido Kelly Doug A Lceb Loblaw A Mclro Slores Ferg McMillan Bice Maare Corp Molsons A Molsonb B North. Cen! Pov-'er Ccrp Price Co Rothmans Shell CUA Sirnpion'5 S'-np Sean Slorl of Can Selkirk A Texaco Gn A Trans Mln Pp Trans Can Pp Union Gas Union Oil VerssliJe Mtg Weileel Un; i Car 19.50 5! 50 35.50 I7.CO 72 50 1525 37.75 Wesl s A WCEI Cdn Sd Zenith Elec BANKS Con Imperial Nova Sc Royal Tor-Dom allB 27.73 18.50 6B.OO 515 79 75 17. SO 79. 50 33.00 10 50 49.75 20 75 12.75 6.00 3.70 <5. 12 "3 1B.12V3 K25 6.00 E.SO 2D.OO 33.00 25.35 DJ35 3075 71.25 16.75 17.87V: 2? SO 2? 12''3 29.75 33.50 33.50 Tuttdty, Februory W, 1972 THI IPTHBRIDOI HfRALD -15 Former CP Rail official dies PETER BOROUGH, Ont. HOT of the Undssy Post, Joined R. J. (Itollie) O'Lcary, Canadian Pacific in 193-1. Ha Canadian Pacific public rcla- liona representative in Winni- peg Jrom J958 to 1966, died in hospital here at Uie age of C2. Mr. O'Leary, a former ed- moved In Montreal In 19WJ aj associate editor of Ihe com- pany but. rt'lirccl tivo cars later because of poor health. Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Dohcrty, McCnalg Umilcd) LAST BID OR SALE a.m. Quotes) WESTERN OILS a.m. Quotes) a.m. Quolej) Almlncx Alia East Gfl! BP Oil Gfll Can Soulh Cdn Ex Gfis Cdn Homeild Cdn Home Pfd Cdn Ind Gas Oil Long Is Cdn Super Chnrler Chicflan Dome Pela C-1 Plains Cdn Oil Lochicl Norlh Cdn Oil Pan Cdn Pelo Pan Ocean Pelrol Pinnacle Place Gss Ponder Ranger Scurry Rain 19. m U75 6.00 8.50 3.65 t 75 17.M 10.37V Hurih Husky Oil Husky Oil Infer Prov Pipe Inlcr Prov Sletl Kaiser Res iV.GF Wanaqt Pacific Pele Rainier 57.75 MM 975 3 90 I 75 Mutual Gr Nal Rt'. N W Fin N Gr Ac 5 64 6 41 7 53 63! 503 5 M 6 31) i 61 6.59 7 1C 541 5 M S.U1! S.6T.3 II 00 Til SflV Vanguard 12 51 VANCOUVER MINES We5l Pcle 11 6 MISCELLANEOUS INDUSTRIES Aqualalne 317. Brinco 5 f Cdn A Cdn Brew B Cdn Pacilk In' Crowsnesl Ind A Cygnus D Falcon Copper Ger 32 ?5 Eorons Off .05 Madron .17 '5 Morfh Con I r? 1.53 Vi'esl Warnfr .1-1 PIPELINE STOCKS 14.50 Alia G3S Tr L A 57 M 1675 Alia Gas Tr L Pfd 79 M Alia Na) Gns 2! M 1.27 inland Nat Gas 15.75 -ff N and C Gas l-l 1 07 M and C Q Pfd 33.75 '9 Pacific GflS Tr 13.25 1850 Gar Mclro 6.00 Gaz Pfd A 7n M I.fi? Tr Cdn P 40.50 9 -n Tr P Pld B 25 t-.W Tr Cdn P Pfc! A 75.25 Tr Cdn P War li 25 WC Trans 30.75 11 wc 10.B71 j MUTUAL FUNDS All Cdn Com a 9 50 All Cdn Hivid 9.70 10.6D S A.I Cd r Gr F i.t 7.51 27.50 .VI (H 6.37- Hoi D Home B Hud Bay Co 30.75 Hud Bay Oil Hud Bay Oil Pfd 54.CO 3B.'fO AGF Special 5.10 5.5H 4.79 7.4S 1-1.53 15.97 Cmnw Lev 3 F9 77 Corp Invp-t 6.16 6.73 foro In 51 F 5.22 S.71 Dreyfus F U.S. 13.M Gr In Shares Gr Equity 731 E.05 Invcsl Gr F 12 23 13.37 Inves! Mutual 5.84 i.39 Blwik Eros E C. Sugar B.C. Sugar Pfd Cflpt Intrr F Ind 3.70 2C 25 1575 In'cr r PSCitic W Air Slampcde Inii Bel OILS Albany ONE Plaint Pt-'e West Explor New York stocks Amr T and T Anaconda Beth Slcel Chrysler Comsat Dunonf GM Gulf Int Harvester Kcnn Coppe (Supplied Dy Richardson Securities of Canada) 176.55 crV J3.62Vj Scars Sid Oil cf N.J 31.35 Texas Gulf 3112Vi Texas Co 71.PO Witkcs Corp V.'OOlworlh a 79.IS Wealintjhouse Elec U'5' SlGCl -303 TORONTO AVERAGES 109.37Vj 10 TJ Bste 119.75 15 W Oils 23521 off i.M 33.00 Vnlumc YORK J5VERA6EI ilf 7 5. ._ 70 Rail? 154 E off .59 Monlgomery Ward 3B.37W !0 Indust 103.29 cfl .47 15 Utilise! 112.93 off ,94 65 Slocks 31E 19 off .E3 Volume ASH WML PANELS n D a CITATION WOODGRAIN KARDDOARD 4'xB' panels in many attractive finishes. Easy lo clean surface. I Cash and Carry Prien MAHOGANY WALL PANELS Atrraclivo prefinished panels. Budget priced OO to save you more. Cash and carry.....per sheet MEDITERRANEAN WALL PANELS By WelaWood 4' K S' prefinished panels in Mon- terey Oak, Riviera Ash finishes. g gQ Cash and carry. 4 days only......... per panel ZONOLITE INSULATION Cut winter fuel billj wilh highly effective lonolile loose fill atlic insulation, Easy to install, just pour and level. 4 OQ Cash and carry. Sale price bag ELECTRIC FIREPLACE Norglo model Mo. F2 in Mandarin Red or Mat B'ark crm- plele wilh 1500 wait healing element WfcJ.JW "iROQUOIS" FOAM BACK The stain-defying carpet for underfoot comfort. For Indoor! only. A varieiy of decorator colors. in 12' widlhs iq. yd. Highly cf fee live, easy to use f ibre glass bait insulo- lion. Reduce ycur winter fuel bills now. Per 60 ft. 15" wide R7 thick. CASH AND CARRY PRICE CARPET HURON" LATEX BACK I "A'1-wcaMiGr'' rnrpeling for bolh indoors and out. Popular colours in 12' widlhs. Idea? for any room in your house. CASH AND CARRY PER SQ. YD. CEILING TILE Volvclex While. 12" X 12" or 16" x Cln. of 64 sq. ft 9.18 AREORITE "DECORATOR" 8' COUNTER TOPPING Ecsy to installl Durabls ploslic laminole surface 4 A QC in 8 decoralive colors Safe, per sheet CERAMIC WALL TILE Colourful 1" x 1" tiles prcmounled on 12" x 12" mesh back- ings. 5MT sories in many cslors "7Q with gold fleck................... per sq. ft. MAKE HER WORK A PLEASURE WITH "PRE-FINISHED" KITCHEN CABINETS BY CITATION FREE ESTIMATES CILTONE SATIN LATEX PAINT Easy to use, long-wearing paint from C 11. CJ New low prke................... PER GAl. CWO DON PICKETT, Manager 3rd Ave. and 17th Street S., Phone 328-4461 OPEN MONDAY TO SATURDAY A.M. TO P.M. HURRY IN! SALE ENDS ON SATURDAY, MARCH "WE Pi EDGE SATISFACTION" n ;