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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - January 27, 1973, Lethbridge, Alberta Canadian markets drop despite Vietnam truce ________ Saturday, January 27, 1973 THE LFTHBRIDCJ HERMD 21 i of plagues trade Bond prices erale to active with 13.74 mil-! conditions, including the float- lion shares changing hands j ing of the Swiss franc earlier compared with 10.54 million a this week. I ?tock markets dropped this i week earlier. "it is dear that Ihe inter- I week despite announcement of; some observers still feel the By MIKE WILLIAMS Canadian Press Staff Writer Prices on major Canadian Supplied by Doherty McCuaig Limited GOVERNMENT OF BOHDS '72 Matured INDUSTRIALS Perp S '75 100.00 101.00 '73 106.00 107.00 '83 K.OO 83.00 15 4000 42.00 Sept. 1, Oct. 1, July 1. Sept. 1, Sept. April 1, Tr Jilly 1, "r Sept. i, PROVINCIAL GOVERNMENT OF CANADA GUARANTEED BONDS '75 102.00 103.00 '75 103 50 104.50 '92 83.00 65.00 Alta G T 9'ir; Alcan B.C. For B.C. Tel BeU Tel BeU Tel CP Ltd CP Sec a Vietnam ceasefire agreement. Vietnam settlement will have The same downward pattern I positive effects on the U.S. '90 107.00 109 00 was Eecn m the New York msr- '91 106.00 10900 ket W I L BCTJUJJ. UJ UPWiTU i the beneficial during the week. The indez rose Alberti 8 Ontario 7 Ont Hyd 9 New Br 9 Nfld B N. S. B Quobec '90 105.00 103.00 '83 93.00 95.00 '94 108.00 110.00 '90 109.00 112.00 '74 101.00 103.00 Cdn Util CWSG Oil Inrer P P Massey Xorandn Int Nickel 9'.i1 Si of OJa Tr Cdn P Tr CdB P 1KM 111.00 'BO 105.00 108.00 i i m for '79106.00 103.00 November '93 109.00 111.00 I reacts VSL Apposite to hat many analysts hsd pre- i dicled. Prior to Lhe oCiicia! aiuiouEce- rncni, ariy rumor of a Vietnam settlement resulted in bullish markets. Some experts said the rever- sal this was probably be- cause the ceasefire nsd already 5 Dow Jones indus- Canadian Business Service national monetary situation is still far from Canadian Business Sen-ice said. At Toronto, golds were the only sector to move upward '92 M.CC E4.00 '74 102.00 101.00 Alta G T K Alberra 'SO 105.00 1W.CO Cons GES Man Hyd 8 re '91 100.00 102.00 j Dj-nasry 7 83i" '90 105.00 108.00 Acklfinds 7H1 '90 1CS.CO 111.00 Rain '4 101.00 103.00 ViC Tr C Sask Nfld ACT Jfan Tel 9T2r e r s markets before it vras an- EOimced. I "Perhaps the carrot has been 1 dangled before the donkey for EO long that it has become stale and remarked i one analyst. i ESDVSTRLVL INDEX UP At Toronto, the industrial in- '90 105.00 107.00 '91 107.00 109.00 '90 103.00 111.00 :PO 104.00 105.00 '90 107.00 109.00 '80 105.00 107.CC '90 106.00 103.00 '90 107.00 109.00 '91 107.00 109.00 '90 105.00 109.00 'M 109.00 111.09 '90 111.09 113.00 CONVERTIBLES '90 165.00 170.00 'S9 90.00 9200 '82 M.OO 103.00 '88 106.50 103.50 :SS 91.00 93.00 -M IILOO! considered a major to- ________________________________________j dicator of market trends, was oif 2.95 on tie week to 223.41. At New York, the DOT Jones industrial average of 30 key bluechio issues plunged 22.64 points to 1.003.54. The average had dropped to about 997 during Friday's ses- sion but a slieht recovery pulled arr'036 it back over "the mark. On the Montreal and Cana- ______idiaa estranges, the composite of in- I ms omaais 10 mm VMUJ vste campaigns against smok-1 a breakdown by age groups of ir.g in Canada, cigarette con- j numbers of cigarette users surap'Jnn is up again by almost in Canada- five per according to in-1 He melted during a recent dusiry stiislics icr ;972. iclen-iew that be is pariicalarty Cigarette producuoa by the' concerned that young people BiC "Four manufacturers repre- may be startbg on or returning serited ihv Canadian Tccacco to te "evl! weed" at a faster Conr.cU j'jmpcd psco than tee rest of the popu- from 2.352 re- fa iP7i ;o i 2.421 cig3reii-3s per Car-acasri ia il cigareue consumption 1972. j smcnj yo'j-ij poople matched cd by th> That works out to man. the average, that ccuic! woman ar.d smoking 1 still reeiTi that lire increase in seven cigarettes n dr-y, i smokbg is ourpacing ihe be an improve-1 9.04 to 212.39. U.S. balance of Tne price of gold is rising and reports say France is seeking eiiects "mil ent in the yments and the release for domestic consumption of sorelj" even higher prices. needed jet fuel." But other issue? continue to hamper international economic 'EvU weed' increase alarms health minister By JEFF CARKUTHERS Herald Ottawa Bureau cigarette conEumptou Canadians. As a result, he has ordered kets was S.SO conipare-j with 5.13 niViion in the previous wees. Trsding at Toronto was mod- prces EDMONTON >CP> Week- egg ar.d poultry repor. day. all year. And federal Health Minister Marc Lalonde says he is con- cerned about this istesi jump to TOWN AND COUNTRY MEMORIALS LTD. j growth in population in Canada, tow about 1.5 per cent. Mr. said he does not hter.d :o iairoduce ciga- rct'.c leeislatica this session, bili thai vould have eliminated radio ard television ciearfrtr ads get through the last PET- lismont. He said he does not per- sonally believe that federal leg- islation is the answer to com- battint smoking among Ca-12- riians." Rather the emphasis must be placed oa education. Mr. Arthur President of Town cr.d Memorinls t1d., wc-uld tc announce ihe CT Mr. T. E. 'Ed) Church cs Sculr.ern Scies e. Thii cp Is c r; CT ;he excGnsicn Tcwn end Counlry an A'berta ccm- pcry renowned for dislinctive granite end mcrble T--e company is well known fcr 1-9 'Shape Ccrve' csslors end ITS Qucli'y C" Ed be reithed c! 6-K 1S7. c- 323 i33T c- ro csl'nai'c" the RIVIERA MOTOR HOTEL Welcomes you to Edmonton To make ycur slay more would like to introduce you to ell cur facilities. MORE PEOPLE STAY AT THE RIVIERA- BECAUSE THE RiVIERA OFFERS YOU MORE! Write or Telephone Eggs: To producers: A .arge ?9: A medium 4S: A 33: B 33. C f: cracks 15. To re-filers: A large W-62: A medium. 59-60: A small 45. To ccrisrrTicr? 'in cartons'-: A -sree M-6P: A medium 5M7; A small cO-55. Poultry: To Producers: No. 1 chicken broilers. 25: 6 and over. 5 and under e. 25. 7owl under i. -.-5: under 12. 12 to 15. over IS. 29'-. Livs No. 2 chicken broil- ers. 22: 6 ard over. 23'-i: 5 and under 6. 22. Turkey under 12. 12 to IS. over IS. Newsprint increases MOVTRE.M. 'CP- d i a n newsprint production reached S.7 million tons in an increase of 4.4 per cent over 1171 The increase is the firs: recorded by the industry since 1P69. and brings the operating ratio o: rasnafac- nirers to S5.6 per cent com- pared S2.6 in IVIERA MOTOR HOTEL 5359 CALGARY TRAIL 43-43-43-1 Gold futures iCFi Go'.d fu- tures. V.S. f-jnds ounce. Commodity Exchange Fridav. Jnn 73 65.65B: Apr 73 FS55A: Jly 73 67.50E: Oct 73-63.5PB: .Tan 74 69.45B. Thursday's votev." 10 con- tracts. AGRI-BUSINESS OPPORTUNITY READY FOR A CHANGE? If you are doing well in your present career but advancement has been slow, we invite you to talk to Top frinae benefits, car, and excellent advance- ment possibilities. Mcjrr feed ccmpcny requires perscnnel in (hree prairie provinces. Western management. Agricultural background necessary. Agricultural ed- ucation and sales and service in livestock and cr poultry preferred. Please write stating qualifications lo Box 82 H. H. Smith Ltd. Customs Broker COBTTS JOE'S MOBIUE HOMES LTD. fit 32nd St- South on Hhray No. 3 Going Eatl Phone 328-0166 or The base metal index fell 1.95 to 95.88 and western oils 3 20 to 283.01. WESTBURNE DRILLING EXPERIENCED RIG PERSONNEL REQUIRED Join the largest drilling company in Canada! We will be starting up rigs in Ihe Yukon, Alberta and British Columbia. Apply to: Personnel Manager, Wejtburne Drilling Ltd., 1332 Calgary House. 550 6th Avenue, S.W., Calgary, Alberta. T2P OS2 Telephone: (403) 266-8701 1 UNITED NATIONS (Eeuter) j Canada's refusal to grant customs preferences to Ho- 1 mania, as a developing country, and other obstacles, have caused the ministry of foreign trade in Bucharest to recom- mend the suspension of imports j from Canada "for the time informed sources said Thursday. The sources said Romania was studying the possibility of opening high-level contacts with lems which were preventing improvement of bilateral trade j relations. Romanian Informants cited a I number of other examples of That they said was ths unsabs- factory Canadian attitude, included reservations on Romanian proposals for a bilat- eral accord on technical and scientific exchanges; "lack of trust and initiative" on joint in- vestments, and current visa-is- Canada to try to settle prob- {suing procedures. Preferred Finance Corporation Ltd. M140, Calgary Plait, 34!