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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - January 18, 1972, Lethbridge, Alberta 20 THE IETHMIDGE HERALD Tuesday, January 11, 1972--------- Gold stocks dip other issues up Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied Dy Doberty, RotiUoate mil McCoilg) LAST BID OR GALE Ferry cargo across Atlantic Quotes) TORONTO (CP) Gold Is sues moved moderately lower while prices in most other major sectors of the Toronto stock market climbed higher in moderate mid-morning trading today. The industrial index was up .36 to 19J.63, base metals .52 to 87.18 and western oils .49 to 225.53. Golds were oft l.W to 163.33. Volume by 11 a.m. shares, compared with at the same time Mon- day. Advances outnumbered de- clines 152 to 102 with 205 issues unchanged. Banking, chemical, oil refin- ing, pipeline, general manufac- turing and real estate issues moved broadly higher. Bever- age, merchandising, industrial mining, food processing and communications issues drifted fractionally lower. Robinson Little was up to SStVi, Ford of Canada H to Northgate 40 cents to S6.25, Ashland Oil Canada to 514% and Moore ?a to Kanger gained to Molson A Vt to Bow Val. ley to llassey Fergu- son VB to and Oshawa A Vt to Falconbridge dropped to Seagrams to Aqui- Laine to Tara to Walker-Gooderham Vs to and Dome Pete Va to NO REPORT MONTREAL (CP) The Montreal noon stock prices will not be carried today because of computer troubles at the Mont- real Stock Exchange. STRONG GAINS NEW YORK (AP) Stock market prices scored strong today, extending Mon- day's rally. Trading was fairly brisk, and lie New York Stock Exchange ;ape ran late at various' times throughout the session. The Dow Jones average of 30 industrials at noon was up 5.80 to 916.92. Among Canadian issues, Dome Mines was off 1% to Hudson's Bay Mining 14 o Alcan Va to and International Nickel to On the American exchange, Canadian Javelin gained to ill and Molybdenite Canadian to Preston was off 14 to and Brascan Vs to WESTMN OILS Hud BlY Oil Pld 55.50 Hugh Russell Husky Oil Husky Oil B Huiky Oil War inter Prov Pips 6.60 Inter Prov Steel 175 Kaiser UK MGF Manage 17.B7tt pacific Pete 10.50 Rilnlir 64 Tcledyne West Cdn Seed Whllt Yukon CALGARY Acroll Baroni oil Madison north Cont West Warner PIPELINE STOCKS Alia Gas Tr L A 54.50 4.10 S.50 If.oa USD i.7.0 1.00 9.15 32.M 31 M 5.30 Alia East Gal Asamera Ashland DP Oil Gas Can South Cdn Ex Gas Cdn Homesld Cdn Home Pfd Cdn Ind Gas Oil Cdn Long li Cdn Super Charter Chlellan Dome Pell Gt Plains Gt Cdn Oil Lochlel Norlh Cdn Oil Numac Pan Cdn Pell pan Ocean Petrol Pinnacle Place GII Ponder Ranger Scurry Rain Spooner Selbens Total Ulster West Decalta Weil Pels MISCELLANEOUS INDUSTRIES Aqualalne 25.00 Brlnco 5.87' Cdn Brew A Cdn Brew B Cdn Pacific Irv Crowsnesl Ind cygnus A Cvgnus B Falcon Copper UOO 17.50 6.75 14.75 p.m. Ouoln) 5.71 6.74 1J.JO 16.25 H.75 1.44 .51 1.11 .75 15.50 17.00 l.W 9.15 7.25 1.B5 7.45 11.50 32.00 37.75 27.M 25.50 6.75 Invest Mutual Mutual Ac Mutual Gr F till Ka H W Fin N W Gr Principal Gr A to Roytund 290 Temp Gr JIBV- Unlled Ac lljvj Universal sav im VANCOUVER 4.4; MINtTS 11 B7'A Anuk Arctic Mining lt Atlas Explor Balh Norsa Brenda Churctilll Copper croyden Dankoe Dolly Varden Dynasty 5.17 M7 7.W 4.73 5.20 1.44 4.54 4.91 e.03 i.M i.43 5.14 5.65 7.13 1.41 New generation of airships planned Alia Gas Tr L PW 74.50 Fort Rallanci Alia Nat Gas Giant Mascot Inland Nal Gal 13.50 Granlsle N and c Gas 15.25 Kamloopl Copper N and c B Pld 30.50 Lornex Paclllc Gas Tr 1350 Lylton Minerals Gai Metro 6.62'A Primer Gai Metro Pfd A 67.12'A Pyramid Tr Cdn P 39.00 i'W Standard Tr Cdn P Pld B Tr Cdn P Pfd A 72.25 Tr Cdn P War 13.00 WC Trans J7.7S WC War 9.75 MUTUAL FUNDS All Cdn Com All Cdn Dlvld 7.10 .45 5.45 1.20 .OT I.M 1.62 .10 .3i .57 .35 9.25 .07 Texmont Trojan Valley Copper WC Res INDUSTRIALS Block Bros 3.50 B.C. Sugar 19.75 1.47, 9.2S B.C. Sugar Fli 75.50 9.45 10.33 Capt Inter S.STA Genstar Home A Home B Hud Bay Co Hud Eay Oil 9.85 14.00 34.25 33.75 15.75 44.25 All Cdn Venl 3.75 4.09 Crestbrook F Ind 4.00 Amr Gr F 4.44 7.09 Growers B 3.4S AGF Special 3.21 Key Indust .29 Cdn Invest F 4.95 5.21 Hys 3.40 Col Mutual 4.40 7.03 Inter Brew 3.90 Cmnw Inter 13.93 15.31 Inter Mariner .76 Cmnw Lev 3.59 3.95 OKanagan Hellcop 7-25 Corp Invest 5.B7 4.42 Pacific W Air !4.Wj Corp Invest SI F 5.05 5.52 Stampede mil Res 1.01 Dreylus F U.S. 12.84 14.07 OILS Gr In Shares 3.75 4.12 Albany Oils .Jl Gr Equity 6.80 7.17 Plains Pele .31 Invest Gr F 11.79 12.89 West Exptor .14 Toronto mines, industrials (Supplied By Richardson Securities of Canada) LAST BID OR SALE a.m. Quotas) MINES Acme Livestock report Lethbridge Livestock (Supplied by Canada Department of Agriculture) On offer to U a.m. 130 cattle. Receipls about evenly di- vided between slaughter and replacement cattle. Trade ac- tive. Good and choice butcher steers meeting very good de- mand at steady to strong prices. Good and choice butch- er heifers scarce and selling at firm rates. All classes of cows 25 to 50 cents higher. Medium and good heavy feeder steers strong to 50 higher under good demand. Choice steers 34 to 3J.50; good 33 to 33.75; medium 32 to 33. Choice heifers 31.25 to 32. Good cows 22 to 23; medium 20 to 21.50; carmers and cut- ters 17 to 19.50. Good heavy feeder steers over 850 Ibs. 34 to 35.10. Good light stock steers over 450 Ibs. 39.50 to 41.50. Monday sales hogs. All classes of weaner and feeder hogs met very good demand. Weaners sold generally steady. Light feeders under 100 Ibs. steady to strong. Heavy feeders over 100 Ibs. 1-2 dollars per head higher. Weaners 5.50 to 11.50; light feeders under 100 Ibs. 11.23 to 19.50; heavy feed- ers 100 to 130 Ibs. 20 to 24.75; heavy feeders over 130 Ibs. 20 to 25, All prices per head. Light feeders under 100 Ibs. sold from 20 to 23 per cwt. Heavy feeders over 100 Ibs. 18 to 20. Butcher hogs sold Monday at the Leth- bridge yard 25.40 to 25.80 base price. There vrere 320 butcher hogs sold for export, price con- verted to 25.45 to 20.55 live- weight. Calgary livestock CALGARY (CP) Receipts lp 11 a.m. today on the Calgary livestock market were 500 head; mostly slaughter heifers and cows. Trade and active with was strong all classes Cows sold sales to 24.50. meeting a broad demand. Slaughter steers were scarce and sold 25 cents higher. Heif- ers were fully steady to 25 cents higher, higher, with Bulls higher. Choice steers 34 to 34.50, good 33 to 34, medium 32 to 33. Choice heifers 31.75 to 32.50, good 30.75 to 31.75, medium 29.50 to 30.75. Good cows 23 to 24, medi- um 22 to 23, canners and cut- ters 20 to 22. Good bulk 25 to 27.50. Replacement cattle were scarce with good, heavy feeder steers selling steady. Few good feeder heifers sold between 32.80 and 32.90. Stock calves scarce and steady. Good feeder steers 750 pounds up 34 to 36.10, good stock steer calves 38 to 40. Good stock heifer calves 34 to 36.25. Hogs 25.40. Advocate Asb. Akallcho Bralorne Broulan Bethlehem Brunswick Canada casslar central Pat. Chlmo Conwest Cons. Rambler Coin Lake Cochenour Cralgmont Dlckenson Mlntl Denison Mines Deer Horn D'Eldona Dome Mines OmalJa Discovery Mlnea East Malartlc East Sullivan r-alconbrldga Frooex First Marltlmtl Giant Y.K. Bovls Granduc Headway R.L. Holllnger 23 l.m. aunil) .25 i.m. Quotes! Norlex Oslsko Pine Point Placer Dev. P.c. Exp. Quebec Man Rayrock Radlore Rio Algom 19.6214 Roman Corp. 1.15 Sherrltl Gordon 1.25 Silver Miller a.40 steep Rock 1.7S Tek Corp. .11 Texmont .2BW Upper Canada B.30 Western 2.09 3! 3.05 .29 19.25 2.13 1.50 78.25 27.00 .40 .11 1.35 .24 14.00 .05 2.50 5.25 .51 l.m 29.0 1.15 Wright Hargreaves 1.20 SS.3714 Wlllroy 61.75 .07 .72 Windfall yellowKnlfc Clear .10 4.65 Zenmac .07 INDUSTRIALS 3.25 19.50 .40 .54 1.50 7.00 5.15 8.10 40.00 Hudson Bay M-S 21.75 Hydra Ex. average base price Net earnings By THE CANADIAN PRESS Bow Valley Industries Ltd., six months ended Nov. 3: 1971, profit, 17 cents a share; 1970, J25.978 loss, seven cents. Iron Bay ISO Jollef Qutbec Kerr Addlson Key Anacon Labrador Lake Shore Langls Silver Madscn R.L- Malamc G.F. Martin MsNeely Maclnlyrc Mela Mldrlm Intern Mogul New West Home fVetv Athene New Calumet W. Horso Copper Noranda Northgal: Abltlbl Alcan Algoma Steel Alco Ind Atlan Sugar Agra Indust Bell Tel Braill Trac B.C. Tel Burns B.C. Forest B.C. Sugar Bow Valley CAE Ind Cdn Brew Chemcell Col Cellulose Cal Power Coron Credit C.W.N. Gas Cdn Indus! Canada S S Cdn Marconi .Ofi'A Cdn Vlckers 71.00 Chrylser .12 CPR .19 Comlnco 9.60 Cons Bath B.62W Cons Gas C.W-N. Gas Dlst SM Dom Bridge rjomlar Dom Textile Dom Stors 7.50 3.35 1.45 .20 39.50 2.60 .04 .70 .45 .29 2.30 3575 6.40 Dome Pete Dofasco CAB Fd of Amer Gt Cdn Oil Gen Motors Gt Lakes Pap Gulf Oil Cda Greyhound Hawker SH Huron, Erie Hiram Walk imperial oil Imasca Inl Nlckal Int Plpa Inv Gp A Int Ulllll.) Indusf Accepf Laurenllde Kelly Doug A Loab Loblaw A Metro Slores 20.3714 Massey Ftrg 1400 McMillan Bloa Moore Corp Molsons A Molsons B North, Cent Power Corp Price Co Rolhmans SI Law Corp Shell CDA Slmspon's Simp Sears 7.62'A Steel ol Can S.37V4 Selkirk A 3.20 Tuxaco 27.42VS Traders Gp A 1.50 Trans Mln Pp Trans Can Pp Union Gas Union Oil Versatile Mfg Wesleel Union car 1-U214 Vveslon's 8 24.62ft Woodward's A 1.75 West Cdn Sd 20-A2lt Zenith Elel BANK! Can Imperial 23.00 Montreal 13.00 Nova Ssolla 23.00 Royal 1S.W Tor-Dom 32.50 25.00 16.37'A 72.75 5.30 BV.OO 17.JO 21.00 17.25 2.85 21.09 45-HVl 33.12'A 21.00 naii 31.50 1.75 6.00 9.00 4675 20.00 KM 14.00 23.00 20.25 30.00 5.25 11.25 MM 2.95 10.CO 30.00 47.00. 4.00 15.1714 15.25 Z7.12'A 20.00 3175; 11.75 New York stocks (Supplied By Richardson Securities ol Canada) Amr T end T Anaconda Beth Steel Chrysler Comsat Dupont GM Gulf Int Harvester Kenn Copper 99.67'A M Golds off .83 Texas Co 60.75 Wickes Corp 152.00 Woolworth 35.00 1S W Volume YORK AVIHAOI! 63.621'! Westlnghouse Elec 30 Indust 916.92 up 5.50 27.37V, s Slssl 31 50 Rllls ZW-M "P 3.04 TO.ONTO TORONTO 2J.75 stocks 3253, il3 Montgomery Ward 29.00 20 Indust 194.79 up .43 Volume Grain price review Winnipeg Grain PUBLIC MEETING TO DISCUSS PURITY DAIRY CO-OP IN ATTENDANCE DR. H. HORNER Minister of Agriculture, Gtwt. of Alberta ALL SHAREHOLDERS AND INTERESTED PERSONS WELCOME WEDNESDAY, JAN. 19-2 p.m. ERICKSEN'S FAMILY RESTAURANT WLNSTPEG (CP) QUseeds were sharply tower on lack o buying interest at mid-session of the Winnipeg Grain Ex change today. Volume of trade was light. Flai was four to five cents lower in all futures as offers net littla exporter buying in- terest. Rjpeseed was two to six cents lower. Oats and barley was un- diaoged, and rye was Dollur Valuft MONTREAL (CP) U.S. dol- lar in terms of Canadian funds up 3-32 to S1.005V Pound ster- ling down 9-16 to 11-16. NEW YORK dollar down 7-32 at 99 25-64 in terms of U.S. funds. Found ster- lica down 31-32 at {2.57 61-64. CHIEF ACCOUNTANT Position Involves the direction and co-ordination of doy to day accounting functions of q rapidly growing manufacturing plant. Responsibilities include supervision of accounting staff, preparation and completion of all financial statements. Applicants should be 2nd or 3rd year R.I.A. or C.G.A. students with know- ledge of standard cost system and have a minimum of 2 years experience with o monufocturing firm. Candidate must be interested and capable ef advancement within ex- ponding company. Reply In confidence to: CONTROLLER P.O. Box 760, Lethbridge, Alberta tionally lower on light trade. Volume of trade Monday in- cluded bushels of flax, of rye, and of rapeseed. Mid-session prices: Flax: May 4% lower 2.63; July 4% lower Oct. 4% lower Rapeseed Vancouver: Jan. 2% lower March 4% lower 2.4234; June 5% lower 2.427s; Sep. 2Vi lower 2.47. Rapeseed Thunder Bay: May 6 lower 2.33; July 3% low- er Oct. not open. Oats: May unchanged 68Vi: July unchanged 68H; Oct. not open. Barley: May unchanged 1.0814; July unchanged Oct. not open. Rye: May lower lower Grain quotes Monday (basis Oats nigh Low Close Flat May 267% 264 267 "i Jly 266% 263 266% Oct 270% 270yt Ripeseed Vancouver Jan 251% 245 U Mar 252'A 246 247Vi Jun 254 247tt 248V. Sept MOVi 249 Ripeseed Thunder Bay 239'A 236 239 Jly 23914 237% Oct Old May 6814 ly 69Mi Oct Birley May Jly 10814 Oct Rye rlay 99H Jly 68V4 ioeyt loa 239 240 68 V, 65 lOWt 108 99tt LONDON (Reuter) Fleets of lighter-than-air craft wu. soon be ferrying cargo aeroti the Atlantic at costs one-third cheaper than conventional air- freight, Gays one of Britain's top authorities on cargo transport. Russia, Britain, both East and West German, the Netherlands and France are all planning a new generation of airships. No major effort to make this form of sir transport work has been seen since Britain's R-101 and the German Hindenburg crashed in flames in the 1930s. Some of the projects are so near to realization that the new edition of the standard refer- ence work, Jane s Freight Con' tainers, published recently in- cluded airships as a special sec- tion in its survey after container ships and cargo-carrying air- craft. Jane's editor, Patrick Finlay, warned however that even with the great technological advance- ments which have been achieved, a lot more serious and expensive research and de- velopment needs to be under- taken before the freight airship will compete with othr forms of long distance transport. BEAT DRAWBACK Most countries have already overcome the major drawback of the 3330 generation of air- highly inflammable hydrogen used to give them lift. Designers are planning to use helium which is non-toxic, light, non-flammable and odorless. The only snag is that there is not much of it in the world. It is found in Cancda and in stiul quantities in natural gas fields in Texas, the North Sea, the Sa- hara rfesert and in the Dutch and Soviet natural gasfields. Propulsion would be obtained by using nuclear power, diesel natural gas or gasoline. Airships offer a whole list of advantages: a relatively low level of atmospheric and noise pollution, easy carriage of heavy objects, easing the strain on over-crowded roads and low-cost operation. Jane's said the Soviet Union is currently undertaking more Hog prices EDMONTON