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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - July 24, 1973, Lethbridge, Alberta 16 THE UTHBRIDGE HERAlD Tuesday, July 24, 1973. Computer trouble delays market TORONTO (CP) The To- ronto stock market opened mixed in moderate trading to- day. Temporary computer trouble at the Toronto Stock Exchange delayed 11 a.m. volume and in- dex figures. Industrials were moderately lower in morning trading while golds, base metals and western oils were higher. Trading in shares of Melchers Distillers Ltd. remained halted today. Trading in shares of Northern Tar, Chemical and Wood was halted at the opening but was allowed to resume about an hour later on the news that Jan- nock Corp. Ltd. plans to offer a share for the outstanding common shares of the com- pany. There were no sales. Imperial Oil fell to Phillips Cables to Hud- son's Bay Oil and Gas to to and CP Ld. to Asbestos Corp. rose to Bow Valley Vz to No- to Rank Organ- zation to and White Pass and Yukon to Giant Yellowknife gained 87% :ents to Placer to 431% and Camflo 20 cents to Denison lost to ind United Simcce 15 cents to Western Decalta was up 25 :ents to and United Canso 20 cents to Pan Ocean .slipped y4 to MONTREAL (CP) All sec- xws except papers declined in ight trading on the Montreal .stock market Tuesday. Combined volume on the Mon- xeal and Canadian stock ex- at 11 a.m. was shares, compared with shares at the same time Mon- day. Utilities dropped .73 to 148.48, janks .38 to 263.23, the com- .27 to 227.39 and industri- als 11 to 243.98 white papers gained .42 to 124.43. On the Montreal Stock Ex- :bange, Murphy Oil advanced 1 MODERN INDUSTRIAL RENTALS 1250 1st Ave. S. Phone 328.8896 'Industrial and Home Owner Rentals" have a good slock ef pumps and welding equipment RENTAL 15 YOUR BEST BUY to Lacroix Vz to and Placer Development to while Moore Corp. was down Vz to and Imasco to On the Canadian Stock Ex- change, Cuvier Mines fell seven cents to on shares traded. NEW YORK (AP) Stock market prices dipped today and analysts attributed it to, among other things, higher interest rates. The Dow Jones average of 30 industrials at noon was down 4.59 at 908.56. Declining issues on the New York Stock Ex- change held a 2-to-l lead over advances in relatively light trading. The NYSE's broad-based in- dex of some common stocks was down 0.33 at 56.96. Boise Cascade up at was the volume leader, followed by American Airlines, up VB at and Fannie Mae down at Arnonng Canadian issues in the New York exchange, Alcan was unchanged at and Ne- onex at while Seagrams rose to and Dome Mines to Canadian Javelin was down to Hudson Bay to and Inco to Hog prices EDMONTON (CP) Aver- age prices to 11 a.m. provided by the Alberta Hogs Producers Marketing Board: Edmonton: 58.05, average Monday 58.53. Red Deer: 58.05, average Monday 58.48. Calgary: 58.65, a v e r a ge Monday 58.52. Lethbridge: No sales, aver- age Monday 59.01. Lloydmicster: No sales, av- erage Monday 58.55. Fort Macleod: No sales, av- erage Monday 58.65. Grande Prairie: No sales, av- erage Monday 58.25. Fairview: No sales, average Monday 58.35. Total hogs sold to 11 a.m. 116, total Monday aver- age 58.53. Sows average 39.20. Gold futures LONDON (CP) Today's closing gold prices in U.S. dol- lars an ounce: Hong a kilo. Grain prices Winnipeg grain WINNIPEG (CP) Oil- seeds slipped from their strong opening showing and feed grains continued early losses in light trading at mid-session on the Winnipeg Commodity Exchange today. Most flax futures remained at the 20-cent daily trading limit, but rapeseed was as much as 17 cents below open- ing prices. All feed grains posted slight losses, with rye losing about seven to eight cents. Monday's volume of trade was bushels of flax, 000 of rapeseed and of rye. Mid-session prices: Flax: July 14 higher 9.65B; Oct. 20 higher 9.29B; Nov. 20 higher 8.98; Dec. 20 higher 8.84. Bapeseed Vancouver: Sept. 3% higher Nov. 8 high- er 7.60A; Jan. 7% higher 7.47% A; March 6 higher 7.42A. Rapeseed Thunder Bay: July 12 higher 7.72A; Oct. 10 higher 7.50A; Nov. 14 higher 7.36A; Dec. 16 higher 7.04A. Oats: July 1% lower Oct. 3% lower Dec. 3% lower Barley. July lower Oct. 4% lower 2.42B; Dec. 4 lower Rye: July 7% lower Oct. 7% lower 2.70y2; Dec. 8Vs lower Grain quotes Monday (basis High Low Close Flax Jly 951 Oct 909 Nov 878 Oct 247% 241% 246% Rapeseed Vancouver Sep 798 Nov 752 751 752 Jan 740 Mar 736 734 736 Rapeseed Thunder Bay Jly 760 740% 760 Oct 740 725 740 Nov 722 Dec 688 Oats Jly 177 174% Oct 165 161 Dec 162% 157 Barley Jly 257 256% Oct 247% 241% Dec 244 238% Rye Jly 278 27K4 278 Oct 279 272 278 Dec 280% 283 279% 165 162 256% 246% 242% Strike may shut down CP Air VANCOUVER (CP) Tony Ehrlichman also quoted Pres- national Association of Machin- ists and Aerospace Workers lo- call here, said Monday he has asked federal Transport Minis- ter Jean Marchand to shut down CP Air if members of the union strike. A strike is sched- uled Wednesday. Both sides said no talks are scheduled. Toronto mines, industrials By Richardson Secorittef of Cutdi) LAST BID OR SALE (11 a.m. Quotes) (11 a.m. Quotes) (11 a.m. Quotes) MINES Acme Advocate Asb. Akaltcho Bralorne Broulan Bethlehem Bovls Brunswick Can. N w Land Canada Tung Casslar Central Pat. Chimo Con west Cons. Rambler Coin Lake Cochenour Cralgmont Dickenson Mines Denlson Mines Deer Horn D'Eldona Dome Mines Discovery Mines East Malartlc East Sullivan Falcon bridge Frobex First Giant Y.K. Granduc Hollinger Hudson Bay M-S Hydra Ex. Iron Bay ISO Joliet Quebec Kerr Addison Key Anacon Labrador Lake Shore Lanqis Silver Madsen R.L. Malartic G.F. Martin McNeely Maclntyre Meta Intern Mogul Midrirn Nu West Homes New Athona New Calumet Noranda Northgate Norlex Osisko Pine Point Placer Dev. .16 Pox Exp. 1.20 Quebec Man 1.12 Rayrock 2.25 Radlore .46 Rio Algom 16.12% Roman Corp. 2.20 Sherntt Gordon 5.40 Steep Rock 7 95 Tek Corn. 2.12 Texmont 10.62% Upper Canada 1.03 Western Mines W H Cop Mines Wright Hargreaves i.oo Willroy 1.19 Windfall Yellowknife Bear Zenmac 1.20 555 4.05 17 1.14 800 3.75 36.75 .03Vi Abitibi .46 Alcan 9625 1.30 455 2.95 7775 .26 .65 .13 1.41 .37 J9.75 8.60 18.00 1.54 4.20 .27 3.05 3.20 3.55 INDUSTRIALS Algoma Steel Atco Ind Atlantic Sugar Agra Ind Bell Tel Brazil Trac B.C. Tel 10 37% Burns 3 65 B.C. Forest 45.25 B.C. Sugar 27 Bow Val Ind. .31 Cable 3.55 CAE Ind. 2.21 Cdn Brew .24 Chemcell 1300 Col Cell .35 Calgary Power 43 50 Coron Credit 300 C.W.N. Gas Pfd .05 Cdn Ind 1.30 Cdn Marconi 1.01 Cdn Vickers .36 Chrvsler 5675 C.P.R. .16 Cominco 13.50 Cons Bath .16 Cons Gas 8.50 Dist Seagrams .16 Dom Bridge .25 Domtar 54 37% Dom Textile 6.15 Dom Stores .30 Dome Pete .53 Defaseo 34.50 Glendale 31.87% Git Cdn Oil 8.1S 2.70 Gen Motors 66.75 Grt Lakes Pp 22.50 Gulf Oil Cda 35.75 Greyhound 18.75 Hawker Sid 4.25 Hur Erie 28.25 Imperial Oil 42.25 lirvasca 29.50 Int Nickel 30 Int Pipe 24.00 Inv Grp A Int Util 23.75 Ind Accept 17.37% Kaos 6.75 Kelly Doug A 5.75 .17% Laurentide 11.12% 3.55 Lceb 4.90 .14 Loblaw A 6 Met Stores 18.75 Massey Ferq 20 '0 11.87% McMillan Bloe 29.75 Moore Corp 51.87% 18 62% Wolsons A 25.W 12.25 B 6.50 Nachurs 7.62V4 11.25 No. in (y Cent 41.50 Power Corp 18.25 Price Co. 15.12% 50.50 Rothmans 1? 75 15.75 St. Law Corp 17.50 Shell CDA 1975 19.00 Simpson's 9.00 33.75 Simp Sears 11 00 T> 75 Steel of Cda 32.00 10.25 Selkirk A 15 00 4 40 Texaco 65.75 4.15 Traders Grp A 18.12% 4.55 Trans Mtn PD 20.00 23.87V2 Trans. Mtn Pp 20 00 1.80 Trans Cda Pp 3W Union Carb 15.25 Union Gas 1" Union Oil 16.50 United Stscoe 2S.87% Versaf'le Mfg 18.00 Westeel 14 87% 33.25 WestOn's B 21.n 23.75 Woodward's A 2' West Cdn Seed 5.37% 40.62% Zenith Elec 2.45 BANKS 7.62% Cdn Imp 3012'A 14 25 Montreal 18 75 32.75 Nova Scotia '3.25 27.12% Royal TO 8.87% Tor-Dom 34.25 14.50 3.60 15.75 Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty, McCnaig Limited) LAST BID OR SALE (11 a.m. Quotes) (11 a.m. Quotes) 7.75 Cmnw Inter 1505 (11 a.m. Quotes) WESTERN OILS AND MINES Albany oils Alta East Gas Alminex Asamera Ashland BP Canada Brenda Mines Can South Cdn Ex Gas Cdn Homestd Cdn Ind Gas Oil Cdn Long Is Cdn Super Charter Oils Chteftan Dome Pete Dynasty Giant Mascot Gt Plains Gt Cdn Oil S Lochiel Lytton Min Noble Mines North Cdn Oils Numac Pancdn Pete Pan Ocean Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Seibens Spooner Total Pefe Ulster Pete West Pete W. Decalta MISCELLANEOUS INDUSTRIES Acres Ltd Aquitaine EC Sugar Pfd Block Bros Cdn Brew A Cdn Brew B Cdn Pacific Inv Crestbrook Ind Cygnus A Cygnus B Falcon Copper 1.14 Genstar 8.30 Global Comm. 660 Home A 11.25 Home B 13.00 Hud Bay Co 16.62V2 Hud Bay Oil 7.85 Husky Oil 450 Husky B Pfd 3.65 Husky D War 7.50 Husky E War 8.25 Hys of Canada .20 Inter Prov pipe 54.50 Inter Prov Steel 4 00 Kaiser 11.50 Loblaw C Pfd 32.75 Maanasonics 9.70 Pacific Pete 3.15 P W Air 2950 Pe-Ben Oilfield 8.15 Rainier Inc 285 Royal Trust 2.00 Com Cap Corp 137 sandwell 7.40 Teledyne 1800 West Cdn Seed 15.00 Weston (Geo) 14.25 White Yukon 1.35 Cmnw Inter 14.00 Cmnw Lev 3.94 4.33 Cmnw Ven 7.57 8.32 44.00 Corp Inv 620 681 46.37% Corp In St F 5.04 5.56 42.25 Great Pac 4.67 510 18.00 Anaconda 21.12% 46.37% Gr In Shares 3.51 3.8S 24.25 Gr Equity 768 8.43 In Gr Fund 12.47 13.64 41.50 8.30 9.80 4.25 9.15 12.75 3.60 29.25 In Mutual 589 644 Mutual Accu 6.03 6.63 Mutual Gr Fund 3.63 3.99 Nat Res N.W. Cdn N.W. Growth Prin Growth Royfund o'tVA Temp Gr 9 75 United Accu Universal Sav Vanguard 7.75 5.25 24.50 3.95 4.25V 4.15 550 61.00 11.75 8.23 9.04 5.59 6.14 5.39 4.47 4.91 6.72 6.99 8.67 9.48 5.18 S 69 7 7< C1 6.58 7.21 PIPE LINE STOCKS CALGARY Acroll Barons Oils North continental Western Warner VANCOUVER MINES .58 .35 Alta Gas A 13.53 Atlas Explor .'43 Alta Gas Pfd 73.00 Bath Norse 84 Inland Nat Gas 10-50 Croyden 04 N and C Gas 10.00 200 N and C B Pfd 22.25 Davenport .40Vi Pacific Trans 11.87% Equitorial Res .21 Gaz Metro A 65.00 Gibraltar 1525 Tr Can Pipe 34.25 Lornsx 12.37% Tr Can A Pfd 63.00 Primer .11 Tr Can B Pfd 3950 Pyramid .13 Tr Can War 7.05 Silver Standard 1.18 we Trans 1812% Valley Copper 9.95 13 TranS War INDUSTRIALS 23.25 MUTUAL FUNDS Columbia Brew 2.80 15.00 All Cdn Com 7.22 7.E5 Key Industries .34 2 90 All Cdn Div 7.73 8.40 Wardair 1.90 25.00 All Cnd Ven 3.68 4.00 OILS 30.00 Amer Gr Fund S.41 S.94 Prp Explorations 1.28 29.12% A.G.F. Special 2.75 Plains Pete .23 9.00 Cdn In Fund 5.13 5.62 Ponderay Ex .95 7.75 Coll Mutual 5.83 6.40 Stampede mil Res 1.56 57 Amr T and Anaconda Beth Steel Chrysler Comsat Dupont General Gulf Int Harvester Kenn Copper New York stocks (Swpfied By RicbarAoa Seevittet of 52.50 Sears 21 72% X-Rcn 27.75 Texas Gulf 26.00 Tsxas Co 53.00 Wix Corp 168.75 Woolworth 67.12Vi West Eiec 24.50 U.S. Steel 3000 Gen Tel Elec 99.3m 20 Golds 303.83 up 4.51 92.87Vi 10 Base Met 107.11 up -2V 23.75 15 West Oils 240.53 up .46 33.12% Volume YORK AVERAGES 37.37% 20 Indust 909.39 off 3.76 28.75 20 Reifs 164.15 off .54 30 62% 15 Utilities 101.54 off .09 27.25 TORONTO AVERAGES 65 Stocks 277.16 off .95 Montgomery Ward 19.E7V2 20 Indust 217.20 off .63 Volume I Oil 0 Jrn, A DEATH SCHMIDT Passed away in the city on Saturday, July 21, 1973, Mr. Isaac Schmidt at the age of 68 years, beloved hus- band of Mrs. Dorothy Schmidt of 534 A. 6th St. S. The funeral service will be held on Wed- nesday at 1 p.m. in Martin Bros. MEMORIAL CHAPEL 703 13th St. N.. with Rev. M. Israelson officiating. Interment will follow in Mountain View Cemetery. Friends may pay their respects at Martin Bros. MEMORIAL CHAPEL, phone 328-2361. MARTIN BROS. LTD. Directors of the Funeral Ser- vice. C840 Livestock Lefhbridge Livestock (Supplied by Cfnada Department of Agriculture) There were no cattle sales at the Lethbridge yards Monday due to the weekly sales of weaner and feeder hogs. Sales 700 hogs. All classes of weaner and feeder hogs met very good de- mand at sharply higher prices. Weaners sold or more higher per head. Light feeders under 100 Ibs. sold strong to higher per head. Heavy feeders over 130 Ibs. to per head higher. Weaners 21 to 31 per head. Light feeders under 100 Ibs. 31 to 38 per head. Heavy feeders over 130 Ibs. 45 to 62.50 per head. Light feeders under 100 Ibs. sold from 50 to 61.50 per hun- dredweight. Heavy feeders over 130 Ibs. sold from 37.50 to 41 per hun-. dredweight. Butcher hogs sold Monday at the Lethbridgp yards base price. There were 150 butcher hogs sold for export at 46.25 to 46.30 liveweight. This is the highest price that was ever paid for butcher hogs at the Lethbridge yards. Calgary livestock CALGARY (CP) Receipts to 11 a.m. from the Calgary public stockyards showed sales of head, mostly slaughter cattle. Trade was strong and active, with a broad demand at higher prices. Slaughter steers sold a fill .75 to 1.00 higher with sales to Heifers were 50 to 75 cents higher. Cows sold to higher with sales to 37.50. Bulls higher. Steers Al, A2: 47 to 48.20. A3: 45.75 to 46.75. Heifers Al, A2: 43.75 to 44.80. A3: 42.25 to 43.50. Cows Dl, D2: 35 to 36.50. D3: 33 to 34.75. D4: 30 to 32.50. Bulls, good: 38 to 41.50. DEATHS DBCSON Passed away at Foremost on Monday, July 23, 1973, Mr. John Russell Dixson at the age of 52 years, beloved husband of Mrs. Emma C. Dix- son of Foremost. Funeral ar- rangements will be announced when completed. MARTIN BROS. LTD., Directors of the Funeral Service. C841 SCHNARR Passed away on Sunday, July 22, 1973, Alex- ander A. (Sandy) Schnarr, aged 87 years, of Fort Macleod. The funeral service will be held ia Trinity United Church, Wednesday at p.m., Rev. E. R. Doyle offici- ating. Interment, Union Ceme- tery. Friends who wish may donate to the Hospital Aide, care of Price's Drug. Funeral arrangements by EDEN'S FU- NERAL HOME LTD., Fort Macleod. SMITH Passed away on Sunday, July 22, 1973, Sherrie Dion Smith, at the age of four months, beloved daughter of Irvin Yellow Feet and Jeanne Smith of Lethbridge, Alberta. The funeral service will be held in St. Paul's Roman' Catholic Church, Wednesday at 10 a.m., with Rev. G. Fortier officiat- ing. Interment in Brockett Cemetery. Funeral arrange- ments by EDEN'S FUNERAL HOME LTD., Fort Macleod. C842 CAMPBELL Passed away in Coaldale on Sunday, July 22, 1973, Mr. Francis Jefferson Campbell at the age of 76 years, beloved husband of Mrs. Kathleen Campbell of Box 274 Coaldale. Born in Ida- ho, the late Mr. Campbell came to Canada to Lethbridge in 1916 and has resided here since. He farmed in the Coal- dale district. He was a mem- ber of the Coaldale Rotary Club and a member of the Knights of Pythias. Besides his loving wife he is survived by one daughter, Mrs. George (Maxine) Begany of Coaldale; four grandchildren; one sister, Mrs. Win. (Dorothy) Ranger Oregon City, Oregon; three brothers, Albert of Lethbridge, Earl of Portland and Russell of Oregon City. The funeral ser- vice wfll be held on Wednesday at a.m. in Martin Bros. MEMORIAL CHAPEL, 703 13th St. N., with Rev. Dr. R. W. K. Elliott officiating. Interment will follow in Mountain View Cemetery. Friends may pay their respects at Martin Bros. MEMORIAL CHAPEL, 703 13th St. N., phone 328-2361. Those who wish may donate to the Alberta Heart Fund, care of Mrs. M. N. Wray 1705 15th St. S. Lethbridge. MARTIN BROS. LTD., Directors of the Funeral Service. C838 CARD OF THANKS TOBO I wish to thank the doctors and nurses at the Mun- icipal Hospital for the won- derful care I received, my friends for visits, flowers, and gifts, and also to those who visited me at home. A special thanks to my neighbors. Your kindness will always be remeia- bred. Tobo. 6498 IN MEMORIAMS BRAUN In loving mem- ory of our grandson, Kenton, who passed away July 24, 1964. Always a lonely heartache Often a silent tear, But always a beautiful memory Of one we loved so dear. remembered and sadly missed. Grandpa and Grandma Milliken 6479 RAMAGE In loving mem- ory of a dear husband, father and grandfather, William who passed away July 24, 1968. sleeping, resting at last, Earth's weary troubles and trials are past. In silence he suffered, in patience he bore, 'Til God called him Home to suffer no more. Wherever we go, whatever we do, Always we will remember you. remembered and sadly missed by his wife Peggy, family and grand- children. 6478 BRAUN In toving mem- ory of our son and brother Kenton Braun, who passd away July 24, 1964. Just a, prayer from those who loved you, Just a memory, fond and true, In our hearts you wfll live forever, Because we thought the world of you. remembered and sadly missed by mom, daddy, Lindsay, Sheldon and Shannon. Dollar value MONTREAL (CP) U.S. dollar in terms of Canadian funds at noon Tuesday was up 1-25 at 1-25. Pound sterling down 37-50 at 17-20. In New York, the Canadian dollar was down 1-25 at 25. Pound sterling down 21-25 at MANUFACTURED IN LETHBRIDGE ON ALL PONTIAC BUICK G.M.C. DOWNTOWN on FOUPTH AVFNUF SOUTH PHONP ;