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Lethbridge Herald {Newspaper} - 1974-01-30,Lethbridge, Alberta Just in case John Sawhill, deputy administrator of the Federal Energy Office In Washington, hoids up a sheet of gasoiine rationing coupons at the Bureau of Engraving and Printing. The coupons began streaming off the presses last Friday to be ready on a standby basis in case the nation has to go to formal rationing during the current energy crisis. Former school teacher lucky market investor TORONTO (CP) - Jim Carroll, a former Windsor, Ont., school teacher, has turned $750 into more than {150,000 since 1972 by trading in currencies and commodities. While stock markets have been in a state of distress,- a worldwide shortage of crops and other conrimodities has made the futures market a fertile area for speculation, and a lot of investors have moved in. Mr. Carroll has always ha^ a clear objective. It began to take shape when he majored in philosophy at the University of Western Ontario at London. "The most important thing to me is freedom," he says. "I’ve got no drive to own a Cadillac, b*jt I know you have to have money to have freedom.” Mr. Carroll was teaching In ■Windsor’s high school of commerce in June, 1972, when Anthony Barber, Britain’s chancellor of the exchequer, was insisting that the pound would not be floated from its pegged value,. -    ^ Mr. Carroll, who Ifad been" studying the factors that might affect the value of the pound, felt that Mr. Barber’s statement sounded hollow. He gathered together $750 and went short on the pound. “At that time,” he says, “|750 meant a lot to us." His wife, Mary Pat, was apprehensive. It wasn't so much the fear of losing the money but “she wasn’t that anxious for us to make a lot of money.” Within a few days, Britein unpegged the pound, its value floated downwards, and the Carrolls were up $12,000. Decline predicted in sugar prices VANCOUVER (CP) -Sugar prices will decline by the middle of the year, W. C. Brown, newly-elected president of the Canadian Sugar Institute, predicted Tuesday. Mr. Brown said his prediction is risky, but that he expects a number of favorable developments, such as harvesting of a bountiful crop from the southern hemisphere, to come together by summer to reduce prices. Failure to negotiate a new international sugar agreement, which lapsed in 1973, resulted in higher prices for the short term he said. But the sugar-producing countries should now react more quickly to the sugar- demand Imbalance, bringing raw sugar prices to a more realistic level, he predicted. Mr. Brown said he doub^ any new international agreement will be negotiated on sugar as long as the global market favors producers and exporters. But he said over a five year period the average price of sugar in Canada will probably be lower than it would be under a global agreement. Per-capita sugar consump* tion in Canada has remain^ stable for the last 10 years at about 100 pounds a year, said Mr. Brown.' About 88 per cent of this is refined from raw cane sugar, while the rest is from domestically-grown sugar beets. Firm receives okay to double price WASHINGTON (CP) - El Paso Natural Gas Co. has been given permission by the U.S. Federal Power Commission (FPC) to pay nearly double its former price for gas imported to the Pacific Northwest from British Columbia. The FPC’s unanimous ruling was handed down Frid^, although it did not become public knowledge until today. El Paso, which imports THE SECRETARIAT IS flEMED TO ANNOUNCE THE Of A TELEPHONE ANSWERtNG SERVICE PHONE    for RATiS SECRETMML SERVICE omm lmmm m morkssKMAi. ■WLDwa The Hcrdia Business Stocks Miscellaneous Vancouver. Calgary. Montreal MidUnd Dotacrty Limited WESIEfWOttS    HoytlTriMt “Once I had that $12,000, it was just unbelievable how things turned out- I grabbed cotton and copper right off the bottom.’’ That is, he bought futures contracts at a time when the ' prices- of cotton and copper were beginning a long upward trend- Mr. Carroll quit teaching at Christmas, 1972, to devote his full time to trading commodities. He says it’s a fulltime job. NEED LUCK Aside from dedication, he feels luck is an important prerequisite to success in the commodities market. He hasn’t made up his mind what to do with his life, but he doesn’t want to go on making money forever. "I might go back to school, or I might just play chess in 1974.” First of all, though, he wants to make enough money to have the freedom he talks about. "I’m not at the point yet where I can forget about the commodities.” If he had $500,000, Mr. Carroll says, he’d put most of the money into gold bullion “just so that I wouldn’t be wiped out by wild inflation or some other disaster." "Then I’d put enough money in short-term paper to give me an income of atnut $18,000 a year. That’s all we. really need." Incomes up OTTAWA (CP) ~ The combined net incomes of the seven major domestic airlines rose 33.8 per cent in the first eight months of 1973 to $23.7 million, a Statistics Canada report shows. The report says the total net Income reported for the similar period of 1972 was $17.7 million. AND MINES Anofi Mlnw    9.00 Albany Oil    -70 Almifiix    7.12Vi Asamwa    IlM Aihiand    13-00 Alta Easi Gas    7.2S eP Canada    14-00 Branda Mm«t    t-37'A can Soolh    S.B7W Cdn Ex Gaa    3-70 Cdn Homattd    7.25 Cdn Ind Gai Oil    10.12» Cdn Long 1$    .19 Chiaftan    ll.e7Mi Cdn Super    59.37V4 Doina Pete    4J.87W Dynasty    10.37‘^ Fort ftoliance    -27 Qiant Mascot    2.29 Gibraltar Minas    12.50 Qranttia    9.50 Qt Plains    29,iS Qt Cdn OHS    11.25 Lochial Ex    2.67 Lytton Min    1.S6 Noble Mlnm ‘    1.12 North Cdn Oils    S.50 Numac    16.50 Pancdn Pete    12.75 Pan Ocean    17.00 Petrol    1.80 Pinnacle    -20 Place Gas    .45 Ponder ,    .53 Ranger Oil    51.25 Scurry Rain    22.75 Seibens    19.87» Spooner    -S9 Total Pete    7-12» Ulster Pate    1-32 unitecT Canso    26.00 West Pete    7.37» West Decalta    8.25 MISCELLANEOUS INDUSTRIES Acres Ltd    10.00 Aquitaine    28.00 BC Sugar A Pfd    14.25 Block Bros    3.75 Cdn Pac Inv A Pid    33.76 Com Cap Corp    2.45 Cerllno O'Keefe A P(d    23.S0 Carting O'KeeTe 8 PId    28.75 CrestbrooK Ind    7.75 CrowsnesI Ind    26.50 Falcon Copper    11.00 F and M Trust ■ 5.00 Genslar    16.50 Global Com Unit    39.00 Home A    55.00 Home B    SO.SO Hud Bay Co    17.00 Hud Bay Oil    45.25 Hud Bay A Pfd    60.00 Huoh Russell    53.50 Husky Oil    21-7S Husky Oil B Pfd    39.62» Husky D War    B.B2» Husky E War    9,75 Hys ol Canada    3.15 inter Prov Pipe    .7.12» Inter Prov Steel    14,62» Kaiser Res    5.00 Loblaw C Pfd    29.75 Magnasonics    5.75 Pacific Pete    33.25 Pac West Air    7.62% Pe-Gen Oilfield    6.76 Rainier Inc    3.87 W StndwiN Trimac West Cdn Se«] WMtfieid Mm Weaton A Pfd White Yukon PIPE LINE STOCKS Mta Gas A Alts Gas Pfd Alt* Mat Gat Inland Mat Gas Gaz Metro ' Ga2 Metro A Pfd N and C Gas M and C e Pfd Pacific Tran* Trans Can Pipe Tr Can A Pfd Tr Cen B Pfd Tr Can War ‘ WC Trant WC Trans WtS CALGARY Acroil Barons Oils N Continental West Warner _ _ VANCOUVER MINES Atlas Ei^ior Bath Horse Dankoe Davenport Ootly Varden Equitorlat Res Lomex NorUiair Mines Primer Pyramid Silver Stand Valley Copper INDUSTRIALS Cclum Brew Key Industries wardsir OILS August Pete Plains Pets Pond Explor Stamp Inti Res ' MUTUAL FUNDS All Cdn Compound All Cdn Dividend All Cdn Ventures Amer Grow F AGF Special Cdn invest F Collect Mutual Common Inter Com Leverage Com Venture Corp Invest Corp Invest S F Dreyfus Fund US Qrpd Income Grow Equity Invest Grow F Invest Mutual Mut Accum Mutual Grow F Nat Resources NW Cdn NW Growth Principal Grow Provident Mut Royfund Templeton Grow United Accum Univer Savings Vanguard 6,55 7.12 6.92 7.52 3,S0 3.90 4,78 5,26 S.54 4.87 5.34 5.11 5.61 13.41 3.18 5,54 e.23 6.65 4.87 S.35 10.59 11.61 3.03 3.33 7,30 8,02 11.76 12.65 5,64 6,17 S.68 6,47 3.21 3.53 4.86 5.33 5,18 5,69 4.43 4.67 4.40 4.63 7,30 7,96 6,73 7.00 7.30 6.00 4.56 5.01 7.B0 6,69 S.81 6.37 Toronto mines^ industrials about 500 million cubic feel of natural gas daily from B.C., has been paying about 32 cents for 1,000 cubic (eel. In mid-November, the B.C, government decreed an increase in wellhead gas prices and the price to El Paso went to 61 cents. The FPC said it was only authorizing El Paso to pay the higher price, not to pass it along to its wholesale customers. However, the company is expected to flic shortly for authority to increase its customers' charges. A company official here said El Paso had continued to pay the old price for B.C. gai since mid-November, believing it needed FPC aHUtonty to pay more. (Supplied by Richardson Securities of Canada) Burns BC Forest 6C Sugar A Bow Valley Ind Cable CAE ind Cartings O'Keefe Chemoeii Cdn Cellulose Calgary Power Coron Credit OWN GmPfd Cdn industries Cdn Miiconi Cdn Vielter» Chrysler CPR Cominco Cons Bathurst Cons Gas Dist Seagrams Dorn Bridge Oomtar Dorn Textil« Dom Stores Dome Pete Dofaeco Glendale Mobile Grt Cdn Oil    . General Motors Grt Lakes Paper GuH Oil Cda Greyhound Hawker Sid Hiram Walker Huron Erie Imperial Oil imasca im Nickel tnt Pipe Inv Group A lu mn Indust Accept Kaps Kelly Doug A Lsurentide Loeb Loblaw A Metropolitan Mass F«-guSOn 'McMil Bioed Moore Corp Molsons A Molsons B Nachurs New North Cent Power Corp Price Co Rothmans Sheil CDA Simpsons Simp Sears Steel Cenada Selkirk A Texaco Traders Grp A Tran* Mtn Pipe Trans Can Pipe Union Carbide Union Gas • Union Oil Uniled Siscoe versatile Mtg Westeel Westons Woodwards A West Cdn Seed Zenith Elec Acme .11 Advocate Asb. 1.2S Akaitcho 2.25 Bratorne Í.36 Broulan -67 Bethlehem 14,50 Bovis 1.61 Bmnawlcit 4.90 ' Can. I4W Land 9.50 Canada Tung. 3.00 Cauler 10.8TW Central Pat. 1.10 Chimo lia Conwest 4.7S Cons. Rambler 2.71 Coin Lake .20 Coctienour 1,46 Craigmont 6.62</t Dickenson Mines 7,25 Denison Mine* Si,25 D'EldOna .44 Dome Mines 161.50 Discovery Mines 1.30 East Malartic 6.S0 East Sullivan . 2.40 Fateonbridge 60.75 Frobex .26 First Marltlmes .66 eiant Y.K. 20.25 Oranduc 3.75 Hoilinfler 44.50 Hudson Bay MsS 2S.75 Hydra Ex. .45 iron Bay 3.90 Iso 1.95 Joltet Quebec .24 Kerr Addison 14.25 Key Anaoon Labrador .26 41.25 Lake Shore 6.50 Langis Silver ,06 Madsen P.L. 3.25 Maianic Q.F. 1.64 Martin McNeely ,41'A MacIntyre 51.37'A Meta ,18 MIdrim ,15’A Intern Mogul Nu West Homes 8,67’A 8.75 New Athona .21 New Calumet .34 Noranda 47.75 Nonhgate 5.62'A Norlex 27 Pine Point 33.25 Placer Dev. 23.67'A Pax Exp 1-15 Quebec Man .25 Rayrocit 1.22 Ftadlore .31 Rio Algom 34,37'/i Roman Corp 13,25 Sherrln Gordon 13.7S Steep Rock 2.D1 Sunningdale 9.00 Tek Corp. A 4.30 Texmont .21 United Canso 24.67'-4 Western Mines 3.30 WH Copper Mines 3.20 Wright Hargreaves 265 Wiilroy 1.32 Wmdtall .15 Yellowknite Sear 5.50 Zenmac INDUSTHSALS .1V/4 Abitibl 12,37'>l Alcan 34.00 Algoma Steel 22.7S Ateo ind A 15,50 Jannock 6,75 Bell Tel 39.67'A Brascan A 16,37'/i BC Tel 53.00 Cdn imperial Montreal Nova Scotia ftoyii Toronto-Oom banks !\ew York (Stipplied by Richardson Securities of CaiMdâ) Wootworih Westinghouse Elee. US Steéi Gen. Tel. Elee Amr TAT 60 37'/l Anaconda 25.75 Beth Steel 34.25 Chrysler 16 67’yi Comsat 33 as OupOnt 157,75 General Motors 51.87'A Quit 12'4 int Harvester £6.50 Kenn. Copper 4062’f Montgomery Ward 22 25 Sears 80.37'/I Exxon 67,50 Texas QuK 34 50 Texas Co, 30 00 Wix Corporation 14.62H TORONTO AVEfiAGES 20 Industrials 213 8S up 1 70 20 Gold* SOT 70 down 1«70 10 Base Metals 103.95 down .75 IS Western Olls 27l 26 up 2 99 volume 2,417,000 . NEW YORK AVEfiAGGS 20 Industrials S«0 7« 20 Ralls 187 17 1S UtilitMS 93.85 »5 Stock* 272.93 TSE industrial issues pace market prices up 26.50 5-75 . 4.06 «00 3.60 1.22 59.12» S.62» 12.00 ÎÎ.S8 10.ÎS 6.00 «5.00 12,50' 24.50 10.Í7» 34,37» 63.50 37.00 6.2E 24.00 4.30 .74 ,08 .02 .30 .36 1.48 2,60 .65 .44» ,23 9,75 4,20 .14 .13 2.27 10,87» 2-95 .14 1.60 .85 .20 .73 .91 TORONTO (CP) - Prices on the Tonato Stock market miuiMd sharply kifher ia active mid-momiac tradiH today. Tke l^istriil intki, cwMend Ita m«in indlcttor of market Iniid. was ma 1.61 to and westeta oils S,(* to »1.21. Golds fell lt.5 toSll.Haadbue meUk M to IM.ll Volume by 11, was 1.97 mUIieii shares, tip from IÌ1 milUon at tke (■me time Tuesday. Advancci outnumbered dtclinc« ItD to 111 Willi IH issues unchanged. All If industrial Mb-(rauM were higher «ith twnk, paper and fotest. chemical and steel Mcton amon« tboee with lar|(est Increases. Cdueildatwi Bathurst rat* ’t to ns. Bow Valley to tmi, Royal Bank Vt to $»>A. CanadiaB Imperial Bank to K6U and Dotasco to Greb Industries B fell 1 to «13^. McIntyre Porcupine Mines gained Vt to *SIV4. Banfeeiw v< to tSV. and Min-damar iC cents to 11.55, [)ome Mines lost 4M to fl64 and Giant Yellowltiiire iv< to taoh. Niunac Oil and Gas increased to and Chieftain H to t2l. Ranger was down to fSlV,i. MONTREAL (CP) - Prices across the board moved hltfier in light trading on the Montreal Stock Exchange today. Volume at 11 a.m. was 464.SOO siiares. cofnpared with 417.D0C at the same time Tiiesday. Banks rose 4.5S 'to ITl.SO. papers 2.3$ to 127.74, the composite 1.91 to 224. ». industHals 1.7« to 240.18. and utilities 112 to 141 94. Distillers Orp.-Seagrams Ltd. rose td 141». TVans.Canada Pipe Lines to fS4, Algoma Steel V4 to *22^4, Banque Provinciale du Canada V* to $is. and Cinese Canada » lo Among speculative issues. Gold Hawk Mines rose one cent to SB cents on a volume o( 3»,W0 Shares traded. 14,12» 19.00 21.00 28.50 14.62» 8,12» 4.15 5.75 6.00 22.75 2.30 10.00 18.12» 3.65 16.50 16,62» 16,12» 33.62» 28.25 17.25 42.25 37.25 22.62» 9.B7» 12.75 42.75 29.50 7.62» 11.26 51.00 24.25 32.00 17.50 S.12<^ 51.00 28.62» 40.87» 29.00 37.12» 21.62» 8.25 16.50 17 37» 4,55 S-25 6.62» 3.7Û S.OO 11.62» 17.37» 30.00 50.75 21.25 20.25 7.50 12.62» 10,12» 14,12» 14.50 19.62» 7.67» 11.12» 29.50 14.00 51.00 14.75 14.75 39.12» 16.25 9.75 13.25 6.62 W 6.50 22 2S 19.50 20,12» 3 50 2.65 28.50 20.12» 37.25 3600 35.50 17.67» 23 37» 40 62» 25.75 VANCOUVER <CPl - Price* were up II heavy tradiRC aa the VaHouvcr Slock Eschanfe Tuesday. Total voluiDe at the ck«< was 4.i>l.itf shires 111 the uidusiriate. Jolly Jumper M tradinf. up .Uat $1.10 on ll.Tit shares. Great NaHonal Land was lUKkaofcd at to OB 4,500 shares, Newmark Resources was up .W at tl i* on 4.4(Kt shares. lonirc was up .04 at .64 «11.SOO shares. Intemalwnal Hydrwtynamlcs wasal IS and Imperial Marine was at It. In the mines Vieco Resources rose -M to .14 on a turnover of 4SS.SC0 shares. Northair jumped ,50 to 14.20 on 2K.300 shares, Brendon Ltd. was up 00 at .S3 SB 110.000 shares. Bow River rose ,1! to .57 on 1M.000 shares, Gold River was up 10 at $l,Ot and Silver Standard was up .03 at tl 28 In the oils. August Petroleum was unchanged at OS on 19,809 shares Alaska Kenai dropped 30 lo |l 20 on shares, Chapfural was down 01 at l0oi)20.S0eshares.Mounuln States was up 01 at 65 on IS.lOO shares. Rose Pass was down .01 at .47 and Allied Roxy was at 47. NEW YORK (AP) - The stock market remained higher today but seemed to be lonng scane of its sharp early gains. The Dow Jones average of 30 in- dwlnal* at aoon w*t up f u al OH B, while advances led dKline« 0« the New York Stock Exchaage I9 two lo one. Earlier, the Dow was up more than BlM points. Ob the American Stock (he market-vahie indss at iHWii was up .33 to «7.16, white the NYSE campodte Index was ap .41 to 51 74. . NYSE pitees indudcd American Standafd. up to f IIH after a 485.IOO-shara block traded at tli», up ». Baufch and Lsmb. up m to Ameiican Molars, down 4 to IllVi; Chrysler, up S‘, to tlt%: and Bethlehem Steel, which reported higher earnings, down » to 131». laterstate Stores, whicb reached an agreement in principle with .WcCrory Corp. and Rapid-American Corp. to buy levenl hundred stores, was down % toflti Among Canadians on the New Yorit exchange, Dome Mines lost 3» to 0165» and Hudson Bay Vi to tSV* Hiram Walker gained % to (5r^. Seagrams i'* to *4i^i. Massey-Fermson » to *17it, and Canadian Pacific 'A to *1«» Alcan was unchanged at 034%. International Nickel St *37%t. and McIntyre at tSl>4 On the American exchange. BraSean gained V4 to and Preston lost»to |1T»    - Scurry Rainbou- was unchanged at Uvmtoek Calgary CHICAGO (AP) - Commodity futures again came up against a strong array of sellers on major exchanges in ttic United States Tuesday as profit-taking dominated trading. Silver and cotton futures posted limit declines while cp{iper. coffee, cocoa and orange Juice prices also were down. World sugar closed on a mixed tone but wool futures gained up to 2.5 cents. Cattle futures on the Mercantile Exchange fell the limit of $1 per hundredweight while shell eggs declined the limit of ISO points. Pork belly futures closed lower by more than 100 points, and live bog futures fell 20 cents. Wheat futures were down 17 cents on the Board of Trade, while soybeans lost neariy 14 cents a bushel and com and oats were down five cents. Soybean oil declined the limit of 100 points, or one cent a pound, but meal was mi^ed at the close. Lower cash steer prices and improved marketings alofig with easier grain prices tended to influence sellers of live cattle futures, while shell eggs reacted to increased inventories of egg stocks in the country. Live hogs also declined on increased marketings as well as the weakness in grains. Profit taking by recent bmgs strongly motivated sellers of grains and commodities at the board of trade. There were several rallies in wheat and soybeans but these fell apart due to lack of firm support. The weakness in wheat appeared to have influenced selling of com and oats. Grain close: Wheat: Mar5.85; MayS54; Jul40«: Sep 4.81: Dec 4.85. Com; Mar 2.W.: May 198; Jul 1.00»; Sep 2.91»; Dec 2 *9^4. Oats; Mar 1,07»; May 1 68»; Jul 1.63^4; Sep 165: Dec 1.63. Matals LONDON (AP) - aoslng meUIs bid-ask in pounds sterling a metric ton; silver in pence a troy ounce: Copper .-spot 952-951; futures 930-931 Tln-spot 3,035^3.0(5: futures 2.H0-2.9«    . Lead-spot 2S7.S-2»: futures »M63 Zlic-spot 680490; futures 602-604 Sllver-spot 175-175 5 ; 3 months 182.9-183 Dollar valu* MONTREAL (CP) - U.S. dollar in terms of Canadian funds at noon Weduesday was up 3-50 at *0.98 17-50. Pound sterling was up ! 21-100 al *2.23 31-100.    ^ In New York, the Canadian dollar was down 3-50 at *1.01 T-100. Pound sterling was up 2 l-io at *3.25 7-to Oold prieat LONIX)IM I API — Tuesdays closing fioid priccs in U dollars ,in ounce London-137.50 I'iirls-l« 1« Krankfurl-137.87 Kuripft-IM SO Hung Kong—138 93 Beirul-4,147 a kilo Curranclas MONTHKAt. iCPi - WcdnesdayV mid - (lay toreiRn cxchangc nominal sell mu rales supplied by Ihe Bank of Montreal Aii^lrjlia dollar 1 4S5 Bermuda dollar I 02 Cliin.i renminbi nL-miiark kroner 1550 Kriinrc franc financial 1J75 iirrniiiny mark 3620 lt.ily lira commercial 001550 .1.1 pan yen 003340 Mcxico peso OSSS Spam pc!!cl,i 0169 SwKrcriand franc SOfiO [rnitod Slates dollar !)90!i IJniled Kingdom pound 2 24 US,SH ruble 1.1395 (jiiotations m Canadian funds DIvklMidt LHvidends arc quarterly unless otherwise noted ItrMge ami Tank Co, «f    *210 pfd . 72't ccnlii. m account of arrears. March 1. record Keb 13. Cane**» CMweri LM.. class A. IW4 cem.1. April 1. recof^ March I NewtMwdhiad TdephMte C*. 144., 7'4 pfd , cent.i, March IS, record March 1 CALGARY (CP) - Receipts to 11 a.m. Wednesday from the Calgary public stockyards totalled »0 bead. Due to the poor weather cmdiUms and bad roads, receipts were mostly slaughter steers and cows. Trade was. acuve. with prices affected by the wealher.-Slaughter steers sold *1 to,*l.S0 higher. There were insufficient heifers On offer to establish quotations. Cows sold |1 higher. Steers. Al, A2, A3; 50.H to S2.70, Cows, Dl, D2: 31 to 33. D3: 29 to 31 D4: 23 to 9. There were insufficient replacements on offer to establish a market. Hogs fob to 11 a.m.: 47.80. Winnipeg grain WINNIPEG (CP) - Grain quotes Tuesday basis Lakehead; High Low aose Flax May 1120 1110 1110 Jly 1056 1030 1030^ Oct line 9» 979 Nov 98« 986 968 ttape*e«d Vancoiver Jan T6S 760 Mar 736 712 722 Jun 660 653 6S3 ^pesMd Thiader May eei 631 6Si^i Jly — — 611 Oct — — 636 Nov — — 633 Barley May — — ISS^i Jly -- _ 240 Rye, May 359^ 350 3S1 Jly 337 m'fi 329^* Oct — „ 315 Dec — — 330 WINNIPEG (CP) - The commodity futures market continued to slump at mid-session today on the Winnipeg Commodity Exchange. With (he exception of June rapeseed. BMf futym WINNIPEG (CP) - Live beef futures close Tuesday. Mar -'54.20N: May - 56.00N; Jly -55.30A; Sep - 54.20N. Monday's volume: Four contracts. Earnings Allieiia Natural Gat Co. Ltd., year ended Dec. 31 197J, *2,144,000, *1 80 a Share, 1972. *i,9n,ooo, |i.8S Celateie Caaada Lid., year ended Dec 31.1973, *8,221,000 profit. 56 cents a share, 1971,410,000 loss, nine cents. Dnmialm .Bridge ,Cs. ,Ltd.. year ended Dec. 31. 1973, *12,304,000, *4 68 a share; 1972, *7.606,000, *2 si. Daminlon Foundries and Steel Ltd,, year ended Dec. 31: 1973, *52,MU000, *3.29a share; 1972,*36.123.000. *2.25. Eattem Canada Savings and Loan Co., year-<nded Dec. 31: 1973, *2,546,000, *1.14 a share, 1972, *2,365.000, *1.09. Maclean-llunter ..Calbe ..TV Ltd., year ended Dec 31. 1973, *1.516.000,71 cents n share, 1972. *1,342,000. 60 cents Mico ,Enterprises ,Ltd., ,six months ended Oct. 31-1973. *252,000,12 cents a share. J9!2. no comparable iigvires. Scelt Paper Ltd., year ended Dee. 31 1973, *1,991.000, *2.«, a share; 1972, *1,687,000, *2.1) TrantOamda PipeUaes Ltd., year ended Dec. 31:19T3, *39,512,000, *3 02 a share. 1S72, *.17,081,000, *3 13 Tn-wall .Coiicrele ,FariaiBg Ltd.. six months ended Nov 30: 1973. *465,968. *1 30 a share, 1972. *235,665. 63 3 cents Westeoatt ,Tranimi]ilon .Co. Ltd., year ended Dee 31 1973. *24,001,000, *2 80a share, 1972, *20,611.000. *2 16 which was fractionally higher, all futures were easier. Conipieted trades were virtually non«xistant. Flax appeared to be losing the most ground, down as much as 12fi cents a bushel for several munths. Rapeseed was variable and rye’s losses swung from 2¥4 cents lo 15 cents. . Tuesday's volume of trade was 631.000 bushels of rye, 631,000 of flax, 1.680.000 of rapraeed and 15,000 of barley Mid-session prices: Flax: May 11 lower 10 98A; July 12» lower 10,ISA; Oct 10 lower 9 69A: Nov, 3 lower 9 S5A. Rapeseed Vancouver- Jan 13 lower 7.47A; March 3 lower 7,19; June ^ higher 6 53WA: Sept E lower 6.25B Rapeseed Thunder Bay: May 2» lower 6 SOB: July 7 lower 6 35A; Ocl 3 lower 6 35A. Nov un(4ianged 6.33A. Rye- May 3 lower 3 «A; July 2Vt lower 3 26^4, Oct 7 lower 3 17A; Dec. 15 lower 3 15A Hog prieas EDMONTON (CP) - Average prices to 11 a.m Wednesday provided by the Alberta Hog Producers Marketing Board with Tuesday average in brackets: Edmonton: 47.70 (47.08). Red Deer; Ni) (46.49). , Calgaiy; 47.80 (46,41). Lethbridge; Nil (40.88). Lloydminster: Nil (46 75). Grande Prairie; Nil (46.34). Fairview; Nil (46.35). Total hogs sold to 11 a.m. 121, total sold Tuesday. 5,868. average 46.83. Sows average 3S.20. Qold futuras WINNIPEG (CP) - Gold futures, U.S. funds. Winnipeg Commodity Exchange close Tuesday Jan74-1W20A: Apr74-139 70A, Jly - 144.60B; Oct 74 - 150 SOB: Jan 75 - 157 40 Monday's volume: 189 contracts BACM INDUSTRIES LIMITED J. L. HOLMAN Mr B A l^^onkman. Chairman and Chiel Execulive Officer of the Building Supply Companies and Divisions of 6ACM Industries Limited, is oleased to announce the appointment of Mr J L.l-lolman as President ofthe Western Region ot the Building Supply Operations o( Ihe company, encompassing Vlaniloba. Saskatchewan and Alberta .Mr Holman has been serving as General Manager of the region where the organization includes several companies and divisions. principally Consolidated Concrete Limited, Redi-Mln Limited and Building Products and Provin-cihI Concrete BACM and its companies and divisions are members of the Genslar Group ol Companies Registered Retirement Savings Plan Now at INTEREST 9y*%+ TU SXVMGS N« Muilililntin Ctttffts PLAN -A- SELF ADMINItTEIieD — NOMINAL HCt FMMERSAMERGIUNTS TRUST M M)f 7lh •l.«.,LtlMirid9« Photit 328-5548 ;