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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - July 21, 1971, Lethbridge, Alberta Market higher in active trade TORONTO (CP) Gold is-1 up at, and Inco off a like sues registered strong ad- vances, as prices in all sectors on the Toronto stock market climbed higher in active mid- morning trading today. On index, industrials were up .19 to 178.18, golds 2.71 to 177.61, base metals .01 to 93.20 and western oils .56 to 237.73. Volume by 11 a-m. was shares, up from at the same time Tuesday. Advances outnumbered de- clines 103 to 79, with 200 issues unchanged. Strongest sectors were bever- ages, steel, utility and general manufacturing. Industrial min- ing, oil refining, real estate and paper and forest issues edged fractionally lower. Emco Ltd. was up 3 to Calgary Power to Du Sherritt to and amoun1. at On ilie American Stock Ex- change, Molybdenite added Vt to Brascan was up Vi at and Canadian Javelin down at Livestock Canadian Homestead Vt lo Seagrams rose lo Crush International to Grata Group Vt to ?l9ya, Bras- can to Husky Oil Vt lo and Dolasco Vt to Inco dropped !4 to Rank lo Vt, Tara Vt to Numac Ve to dian Cablesystems Va to and Nortbgate 35 cents to Gulf was down to 52514, Ca- nadian Tire A Vt to Kaps Transport to 59 and Haya] Bank V> to PRICES STEADY MONTREAL (CP) Prices remained steady in moderate morning trading on the Mont- real stock market today. Combined volume on the Montreal and Canadian Stock Exchanges at a.m. was shares compared with at the same time Tues- day. On index, the composite rose .03 to 181.27, industrials .13 to and utilities .46 to 152.77. Banks fell .11 to 207.78 and pa- pers .48 to 80.44. Distillers-Sea- grams rose i higher Jan. higher 2.97WB, March 1% higher Rapeseed Thunder Bay: Oct. lower 2.993's, Dec. 2V4 Tower May 3 lower July Iiigher 76V4A, 288B. Oats: Oct. unch 7494A, Dec. Vs lower 74izA, May not open. Barley: July lower I.19KA, Oct. Vt lower 1.15V4B, Dec. lower l.HVaA, May lower 1.12A. Rye: July higher Oct. Vt higher 1.06M.B, Dec. higher May unch 1.07B. Prices for class two wheat for export to countries outside IGA: i Nor 2 3 4 1 Durum SYLBERrS ANNUAL CASA VERDE DRESS SHOES Slings and pumps, leathers and wel looks. Reg. lo 23.00. AS IOW AS WOMEN'S AIR STEP SHOES Oxfords, pumps and slacks Reg. lo 23.00. AS LOW AS RED CARPET SUEDE PUMPS Plantation crepe soles. Reg. 22.00. SALE VITALITY DRESS SHOES By Savage. Rea. to 19.00. AS LOW AS............... CHUNKY HEELS Suedes, crepes, wet looks and leathers. C QQ Reg. to 15.00. AS IOW AS 9.99 BABY CAROLINA DRESS SHOES Slingi and pumps, leathers and wet looks. 7 GO to 17.00. AS LOW AS I ALL PURSES Straws, wel looks, leathers................... 10.99 11.99 11.99 10.99 OFF ALL SUMMER SANDALS Children's CLEARING AT OFF 1.8234; 2 3 4 1GA prices-. 1 Nor 2 3 1 Durum 1.82'i; 3 4 High Low Close ..Flax Jly 243% 2411s Oct MtV Dec 24814 246'i 243 May 258 255% Rapeseed Vancouver Jly Sep Nov Jan Mar 328 313Va 2995's 292% 3241s 309 301 295% 291% 248'ii 248 238 328 313 3053s 39% 292YB Rapeseed Thunder Bay 74% 74 K Oct 300% Dec 285 May Oats Jly Oct Dec May Barley Jly 119% Oct Dec 114% May 1121'z Rye 105 10814 Jly Oct Dec May 280% 118 114% 113% 110 10- 106 107 300% 285 291 76% 74Vz 74% 75Vs 115 113% 110% 105 107% 106% jet on Boeing drawing hoard SEATTLE (AP) Boeing Co. says it has plans for a new 747 jetliner with a capacity of passengers, more than twice as many as the largest 747 jumbo jet now flying. The distinctive hump at the front of current 747s, which now provides room for an upper- deck lounge, would be extended to the tail of tile Eireraf t to cre- ate upper and lower passenger decks about 230 feet long. Design studies for the en- larged 747 were unveiled Tues- day by Rowland E. Brown, chief of product development for the fine's 747 Division. Planners envision production of the first 747 yf ]980, Brown said, but a ver- sion with a capacity of 750 pas- sengers could emerge sooner Tbm firm's plant at Ever- ett, Wash. CHILDREN'S SHOES Forty and School by Sav- age, Junior and Fortune. Reg, to 13.00. At low m..... ALL SALES. FINAL CHARGE? SAVINGS OF TO V2 OFF SYLBERT'S SHOES 505 4th Avenue S. Lethbridge Dividends By THE CANADIAN PRESS Bank of Montreal, 19 cents, Sept. 1, record July 30. Goodyear Tire add Rubber Co. of Canada Ltd., Sept. 30, record 6tept. 9; four per cent pfd., 50 cents, Oct. 29, record Oct. 8. Royal Trust Co., 25 cents, Aug. 10, record July 27. Net earnings By THE CANADIAN PRESS Goodyear Tire and Rubber Co. of Cnnadn Ltd., six months ended June 30: 1071, a share: 1970, 52.21. Imperial Oil Mel. six- Months ended June 3: 1971, 50 cents a share; 1970, 35 cents. Phillips Cables Ltd. six months ended1 June 30: 19T1, 45 cents a shnre; 1970, M cents. Royal Trust Co., six months ended June 3: 1971 18 cents B share; 1970, 71 cents. Toronto mines., industrials Supplied by Richardson Securities of Careda LAST BID OR SALE t.m. QUOTH) a.m. Ouoirt) a.m. QUOTHi MINES Acme Advocate Asb. Akaltcho Rlack Bay Barlorne Brouian Bethlehem Brunswick Cdn Tung. Casslar Central Pat. Chlmo Conwest Cons. Rambler Com Lake Cochenour Cralgmont DfcJcenson Denlson Mines Deer Horn D'fcidona Dome Mines Donalds Win Eaaf Wlalarflc Easr Sullivan Falconbrldge Frobex First Murilimes Giant Y.K." Bovis nranduc Headway R L Hollinger Hud. Bay fA. S Hydra Ex Iron Bay ISO Joliel QuEbec Kerr Addiscn Key Anacrjn Labrador Lake Shore AAadsen R. L. Malarfic G F. Mflrlln MeNee Maclntyre Mela Midrim Intern Mogul New Alhona New Calumet New Imperial Noranda ,Norlhgate Norlcx 5.55 2.M 32-50 2.32 1.25 9.W) 1.81 Opemlska .ld'4 Oslsko 2.00 patlno M Pine Point Plecer Dev. 1.90 P.C. Exp. .25 Quebec Man 14.50 Ravrock Radlore Rio Algom Roman Corp. stierrlll Gordo Silver Miller Steep Rock Tek Corp -13Vi Texmont JO Upper Cdn 8.65 West Mlnej 1.11 Wr'ghl Her 24.50 Wlllroy windlall .-19 Yellow, Bear 69.50 Zenmac INDU5TR 99 Ablllbl 1.05 Alcan 3.15 Algoma Steel 97.12V! Atco Ino1 .23 Allan Sussr Bell Tel nrnill Trac B.C. Tel Gurns m'.JS e.C. Sugar 21.63'A CAE (ntf .22 cdn 3.1S cncmcell 1.52 Col Cellulose .31 Cal Power Coron Credit C.W.H. Gas cdn Indust 3.05 Canada 5 S .EO Cdn Marconi .70 rrin Viewers Chrysler 91.00 CPR Cons "SSh 10.50 Cons Gas Dlst Sea Dom Bridge Domlar Dom Textile Dom stores Dome Pele 1.05 fl.45 1.B5 6.50 .34 .22 .B5 3d.50 9.45 .35 10.62VJ .33 21.50 30.00 30.50 1.05 .U 1.25 .19 15.75 6.2S 16.2! 2.n 6.30 -55 1.95 .95 .12 S.IS .10 LS 7.00 20.75 12.75 0.00 19J7Vi d3.00 20.00 19.75 4.30 S.12V, 26.50 1.05 11.50 32.75 3.05 10.00 63.50 4.00 22.50 21.12'A 53.50 13.25 111.00 Tor-D Dolasco CAB Fd ol Amer G Cdn Oil Gen Motors Gt Lakes Pap Gulf oil Cda Greyhound Hawker Sid Huron, Erie Hiram walk Imperial Oil IMASCA Int Nickel Inl Pipe Inv Gp A Int UtllllTes Indus! Accept Ljurjntide Kelly Doug A Loeb Loblaw A Melro Stores Massey Ferg McMillan Bloe Moore Corp Molsons A Molsons B NtMV Homes Power Corp Price Co Rothmans SI Law Corp Shell CDA simpson'5 Efmp Sears Plfiel of Can Selkirk A Traders Gp A Trsns Mtn Pp Trans Can Pp Union Gas Union Oil Versatile Mtg wesfeel Union Car Weston's B Woodward's A West Cdn Sd Zenith Elec BANKS Can Imperial Montreal Nova Soctla 24.00 13.121 6J-00 S.75 BO. 00 16.1 25.25 Id.OO 2.9i 21.75 16.B7V} 19.75 3rf.62 27.62V] SB. 25 18.00 B.25 5.75 43.00 10.50 24.00 37.62Va 1B.12V4 1025 B.5D 7.50 11.37 'A 19.00 37.75 25.25 15.25 3150 26.7S 3X37W 1550 45.00 4.25 12.00 17.25 23.2S 4.55 1.65 22.75 15. a? 36.M 27.75 New Yorfc stocks Supplied by Richardson Securities of Canada Amr T end T 4J.B7Vi Sears B8.00 10 Base Met S3.19 U.C. Belli Steel Sid Oil of N.J. 15 W Oils 238.00 up 83 Chrysler 28.50 Texas Co 35.37W Volume 1.0B1.000 ,SS YORK AVERA6ES GM 70.75 WesNnqhcUM Elec PI.25 30 Indust 890.63 oil 1.67 Gull U.S. Slell 31.37Vj 20 Rails 215.77 off .40 Inl Harvester 27.62V2 TORONTO AVERAGES 15 Utilities off .16 Kenn Copper 20 Indust 128.40 up .41 45 Slocks 29J.07 oil 53 Montgomery Ward 3fi.B7Vj 20 Golds 179.08 up 4.18 Volume Gas, oil sale EDMONTON (CP) The Alberta government received from Hie sale of pe- troleum and natural gas leases. Gulf Oil Canada Ltd. paid the highest price, for 640 acres just north of the Berland River in northwestern Alberta. Gulf also paid and for two other 640-acre tracts in the same area. It was the third largest oil sale this year. Potato futures WINNIPEG (CP) Maritime potato futures Tuesday: Open High Low Close Nov 2.25N Mar 2.65N Apr 2.70N May 3.05A Profit higher for Goodyear TORONTO ICP) Goodyear Tire and Rubber Co. of Canada Ltd. renorted Tuesday that its net profit for the first six months of the currsnt year had increased more than fourfold to or a common share, compared with a the same pe- riod last year. Sales for the first half of 1971 represented only a slight in- crease to torn in 1970. Beef futures WINNIPEG (CP) Live beef futures Tuesday: Open High Low close Jly 33.25 Sep 32.25 32.38 Nov 31.50 -W.dn.iday, July 21, 1971 THE lETKBRIDOf HERA1D 27 Royal Bank plaus new building TORONTO (CP) The Royal Bank of Canada announced Tuesday It will build a 100 mil- lion Ontario district headquar- ters building and shopping plaza on a three-acre downtown site bounded by Front, Bay and Wel- lington Streets- John H. Coleman. the bank's deputy chairman and executive vice-president, said the site cost an estimated million. Eaton's in new venture TORONTO (CP) The T. Eaton Co. plans to use ita mar- keting muscle to move into the mutual fund business. Eaton Viking Fund Ltd., has filed a preliminary prospectus wi t h securities commissions that proposes to bring a mutual fund with million raised by the sale of fund shares through Dominion Securities Corp. The initial total authorization irould be 10 million shares. Shareholders of the fund would have to make an initial investment of to open an account and subsequent pur- chases would have to be for at least worth of shares. A. R. Marchment, financial vice-president for the parent company, said T. Eaton Co. would manage investment of the fund but sales would be handled by the s u b s i d i a ry. Eatons' stores would rent space for a tooth operated by the fund sub- sidiary. Mutual funds are basically money management programs ancf there are more than 100 mutual funds in Canada. About Canadians own shares in these funds and total asset value is about million. By Gam Fewceni THERE'S ANEW SELF-DEVa- OPING CAMERA THAT IS SAID TO TURN CUT SnjPiQ-QUALlTY PORTRAITS WITHOUT LENS CHArCES OR FOCUS AND EXPOSURE ADJUSTMENTS. IFTOURMAIN INTERESTS OOSE-URS.THIS ELONGATED ADDITION TOTHE PHOIOTORLD IS A NATURAL... tTS OXOK Oft 2937 tin Conlda Widl. Si. Jamil Slnll W. LETHBRIDGE WEST PROVINCIAL PROGRESSIVE CONSERVATIVE MEETING WEDNESDAY, JULY 28th at 6 p.m. GERMAN CANADIAN CLUB 9th AVE. AND 6lh ST. N. Guest Speaker Peter jLougheed PROVINCIAL PROGRESSIVE CONSERVATIVE IEADER Who cares whether you can trust a a car salesman or not? Who cares whether he gives you a fair price for your trade-in? And a fair deal on your new car? And who cares whether you get good financing or not? Who cares whether the salesman greets you with a single or not? Whether he treats you politely? Whether he gives you the straight facts when you ask him a question? Who cares enough to see that you get the right car for your needs with the right options and doesn't try to sell you into something higger than you really want? Who cares whether your new car is properly checked over hefore you drive it away? Or whether you get the the kind of service you need when you come hack, or whether you ever come hack at all? KING CHRYSLER DODGE 3rd AVENUE and llth STREET SOUTH LETHBRIDGE ;