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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - July 29, 1971, Lethbridge, Alberta Fhuridsy, July 29, 1971 THE IETHBR1DGE HERAID 21 quotations Vancouver, Calgary, mines, industrials SuDDlied by Richardson Securities o[ Canada iilD OR price II i "1 1 MWIfr by Doherty, Itaadhouse and McCuaig) LAST DID OR SALE OMWti ouotell ft.ffl. Ouottsl Quutrtl a.m. QuolMl MIMES Northgate 9.25 Fd of Amer 64.50 arm. 24VS ooemlska Gt Cdn on 5.10 AdvTcat. Asb. Oslsko .30 Motors Grain WINNIPEG (CP) Ccm-lodities continued on an --as-y price pattern on a higher Dec. i lower 2.79VzA, May unhanged Oats' July unchanged 74A, Market i at mid-n TORONTO (CP) Gold issues moved sharply higher, while prices in all other sectors of the Toronto stock market dropped lower in slow mid-morning trading today. On index, industrials dropped .60 to 1.78.87, base metals .06 to 94.61 and western oils 2.43. Golds were up 1.44 to 189.74. Volvme by 11 a.m. was shares, down from at the same time Wednesday. Declines outnumbered advances 116 to 67, with 170 issues unchanged. Weakest sectors were beverages, oil refining, utilities and merchandising. Twelve of the industrial index's i7 sub-groups closed lower. Pacific Pete dropped Is to Atco to Hudson's Bay Co. to S18, Walker-Good-erham to Sherritt to and Scurry-Rainbow Vt to Nu-West lost Vt to Hunter Douglas Vi to Tara Vt to Inco Vt to and Gulf Oil to National Trust rose to Noranda to Vi, In terprovincial Pipe Lines Vt to Dome Mines 1 to and BP Oil and Gas five cent to Bow Vlaley climbed to Dofasco to Met ropolitan Stores to anc Westinghouse to WEAKER TREND MONTREAL (CP) Price were down in most sectors lorning apers .01 to 80.81. Banks ;ained .46 to 207.77. Among losers, Canada Cement lost to and Bell anada to Ws. CP LW. and lierosystems were down ach to and respec-vely. Highlighting gains, Falcon-ridge rose to Simpsons k to and Texaco Canada i to On the Canadian Stock Ex-hange, Probe Mines was up ne cent to 24% cents on hares traded. LEVELS OFF NEW YORK (AP) Stock prices levelled off today after ;haip early declines hi moder ate trading. The Dow Jones average of 30 industrials at noon was down 5.33 at 866.68. Declines outnum lered advances on the New York Stock (Exchange by nearl 4 tol. Analysts said the market wa reacting to a series of unfavora jle developments: the rai strike and possible steel strike news that the U.S. government leading economic indicators declined last month, and reporl that the U.S. budget deficit i the last fiscal year was .11 largest since the Second Worl War. The Associated Press 60-stoc average at noon was off 1.4 a 311.6. U.S. Steel was off Hi to Bausch and Lomb up 2% to and General Electric down t Dome Mines added to among Canadians, Mclntyre Porcupine was up at and Canadian Pacific added at Walker Gooderham lost to and Genstar w off Vt at Brascan lost Vt to am Canadian Javelin added Vi OILS Husky Oil mlnex 5.85 Husky oil B t> GU S.15 Husky Oil War Asumen Inter Prov Pip shlund 12.12V] Inter steel Pip P Oil CM '.M Ccln Occidental 'an South 5.W Joulel :5S Ex 0.5 Kaiser Res dn HomesW Home rfd 19-95 Lake Dufault fdS ind OnsOII 11.BV4 L Ont Port ce Looo Is -59 MGF Manage dn Supfr 43.50 Menlor 'en Del Rio Newconex hsrter too Pacific Pele hiittin 7-M Rank Or3 C" Pet. 103.50 Selk Hold vnamlc Pete 1.05 Shell Can S? pSns 33.50 Shell Inv Pld ochiel 1.27 Shell In Wts iuil City sick Ra1nler Jew Cmt .72 Teledyne Jorth Cdn Oil 7.10 West Cdn See K S. 'S ElvGss askr KB? SIS Corp in St Fd S.OO 43 50 Drey Fd U.S. 13.33 745 Growth Equity 6.59 7.24 i? GrD In Share 3.58 3.94 1 invest C-row Fd 11.0! 12 04 Invest Mut S.39 5.69 73 MUt Acm 5.4B 6.03 Mut Grow Fd 5.22 5.74 54 Nat Resource 7.51 N W Finance 4.64 5.10 'jjo N W Growth 5.57 S.79 71 3 P'rincl Grow 4.8! 97 Royfund 5.63 5.86 Ul Ternnle Grow 26.84 29.33 United Acm 4.60 527 1025 Unlver Saving 7.38 8.11 VANCOUVER 3750 Anuk -20 Artie Mining .09 ll'so Atlas Explor .42 275 Balhurst Norse 1.54 a'ns Bethlehem Coo 1 SO iio Block Bros. 40 Brenda RY 70 B.C. Sugar Pf 1 50 'nsyj Capt. Inter 12'A 03 Churchill Copper 00 Colum cell .00 36Vj Coron Credit .10 STOCKS Crestbrook For In .75 4525 Croyden .18 Pf 7LOO Dolly Varden .M n 50 Dynasty 8.00 Gas 'lM Reliance SO s 13.1JV4 Giant Mascot 5.50 1 15.75 Granisle IJ.12VS s 14 00 Growers B 3.00 >f 31 '.00 Key Indus! .25 Hys 2.15 A 67.00 Inter Brew 4.70 -1150 In'e- Mariner .78 B Kamloops Copper 59 a Lornex 3.10 9OT Lytton M 1.80 4 5io 827 894 Pyramid .70 J 1022 Silver standard 1.31 3.94 stsmpsd. Int Res .95 d 5.85 6.42 Texmont .54 H A 58 5 02 Trolan -36 645 Western Mines 3.15 13'9Z1S30 West Resources .08 367 4.03 West Explor .18 5.43 5.93 Utica -06 pPffp.ln. S.H %itfSS "S 25'.T5 S.T BffiL, cTaSTW IS RfoSom .Aerial Oi, 26.75 Cassiar 22.50 Roman Corp. o.Sn S'KIA c'enVrVl Pat. 2.30 Sherritt Gordon Chmo 1.27 Steep Rock J.2B J 87% Co nnwest 9.50 Tek Corp. 6.25 uf 37 ]2V, Cons. Rambler 1.85 Texmon .50 a A Coin Lake .11 Upper Canada 1.86 v Cochenour .35 Western Mines 3.15 K D A 537iA Craigmont 8.70 Wright Hargreaves 1.47 LoeJ IM Dickcnson Mines 1.11 Willroy .92 A Denison Mines J5.00 windfall 45.00 Deer Horn -05Vi Yellowknife Bear 6.40 Massey Ferg 11.00 D'Eldona -52 Zenmac McMillan Bloe Dome Mines 71.50 INDUSTRIALS Moore Corp 37.00 Donalda .09 Abitibi 7.37Vj Molsons A 18.00 Discovery Mines .99 Alcan 21.75 Molsons B 17.75 East Malartic 1.05 Algoma Steel 13.00 North, Cent 15.75 last Sullivan 2.90 Alco Ind 9.00 Hew-W Homes 8.00 Fslconbridge 96.00 Allan Sugar 7.37'A Pemblna Pp 33.00 FroMx M Bell Tel 46.50 Power Corp 5.55 First Maritime: 1.05 Brazil Trac Price Co 7.87V5 rSv 950 B.C.Tel 62.00 Rothmans 11.00 S 210 Burns 13.7! SI Law Corp 19.00 600 B.C. Forest 19.25 Shell CDA 37.50 -r sare-Ln s M-S S: V2 6.87V, SelM, A raBaEyx' 3-f "re., Iso '-5' Canada S S 32.00 Trans Can Pp Jollet Quebec .-3'1-4 Cdn Marconi 3.0S Union Gas 15.75 Ker Addison 8.65 CJ vlckers 10.5o Union Oil 15.00 Key Anacon .34 27.00 Versatile Mfg 4.2! Labrador 41.00 cpR' UK Wesleel 11.75 Madsen R. L. .83 rominco 24.50 Union Car 17.62V2 Malartic F. G. .67 cons Bath 875 Weston's B 17.25 Martin McNeely cons eas 21.62Vj Woodward's A 24.00 Maclntyre DJS( sea 54.75 West Cdn Sd d.50 Mela Dom Bridge 23.62V2 Zenith Elec 1.85 Midrlm -22 Domtar 24.75 BANKS Intern Mogul 10.75 Dom Textile Can Imperial New Athona Dom stores 12.75 Montreal New Calumet .22 Dome Pete 108.00 Nova Scotia "-''J4 NNor.n'rrlal 35-.S New York stocks Supplied by Richardson Securities of Canada Amer T and T 44.00 Sears 86.7S 50 Golds 188.68, up 3.38 Anaconda 17.75 Std Oil of N.J. 76.t2'A 10 Base Met 94.41, off 26 Befn Steel 21.75 Texas Gulf 17.25 15 West Oil up 2.51 Chrysler 56.50 Texas Co. 35.37% Volume S, Motors 77.7! s Montgom Ward 35.25 20 lr.ds 178.83, off .64 Volume volume of trade at the Vinnipeg Grain Exchange to-ay. Rapeseed was fractionally jwer in all futures but July, vhich was up more than two ents. There was commercial nterest from small buyers vith the balance from locals ind commission houses. IID-SESSION Flax: July Vi lower 2.3K, lower Nov. jigher Dec. higher May !i lower Rapeseed Vancouver: July 2 )i higher 3.43V4; Sept. lower Nov. 'i lower 2.92, Ian. lower March Vt lower unchanged Dec. unhanged May Vi higher Bar lev: July Va lowef .ll'.tA., O'ct. lower 1.12B, Dec. unchanged 1.10B, May Vs higher 1.09B. Rye: July Vs higher Oct. 'a lower 1.02% A, Dec. ower 1.02, May lower 1.06 ,4A. High Low Close ..Flax Jly Oct 243% Nov 243H 243 Dec 241% 211 24114 May 251V4 250% 25Ui Rapcseed Jly 353 341 "a 353 Sep 307% 306Vz Nov 2887i 232% Jan 283% 284'.i Mar 282'j 27BVJ Rapeseed Thunder Bay Oct 233 Dec 275'k 281% Mav 286 282U 284% Oals JIv Oct 73% Dec May 74 !s Barlcv Jlv 112 111 Oct !117s 112% Dec llOlis 110 HOVs May 109 Rye Jlv 100% 100 100% Oct 102Ti 101% 101% Dec 100% May 105V4 Gas Tr Petrol B.15 JiJaGMTro w nui-alta 690 Ala Nat Gas W' MISCEU.ANEOUS Cdn West N.t INDUSTRIES nUnd Nat 6 Aora Ind 9.37'A North Centr inri 9 00 Pac Gas Trar B irit Nflrf 575 Gaz Metro Cdn Bret A 29.75 OK Metro Pf Cdn Brew B 36.00 Tran Can P Cdn Hydro Car 15.25 Tran Cdn Pf Cdn Pacific Inv 24.00 Tran cd Pf CPR Pfd 10.75 Tran P cdh Crowsnest Ihd 24.00 West Trans Cvonus A 5.75 West Pacific CvSs B 6.13'A MUTUAL Cum Prop 12.00 AGF Special Gt Cdn Oil S 5.10 All Cdn Com Gt Cdn Oil 4-75 100.00 All Cdn Home A 33.00 All Cdn Vent Hm. B 32.50 Amer Grow F Home Plffld 2.25 Cdn Invest F Hud Bay Co 18.25 Collect Mut Hud Bay oil 46.75 Cmnwlth Int Hud Bay Oil Ptd 58.75 Cmnwltti Lev Hugh Russell 50.00 Corp shareholders split shares WINNIPEG (CP) Metro politan Stores of Canada Ltc hareholders approved a thrce-or-one common share split at special meeting here. Shares of the Winnipeg-jased company which operates about 90 variety and ju> nior department stores across Canada traded at on the 'oronto Stock Exchange Monday. The company reported unaudited profit of in the ,hree month period e n d o d April 30 and its six-month re jort is expected Calgary livestock CALGARY (CP) Heavy receipts to 11 a.m. at the public stockyards of aead, (divided between slaughter steers, heifers and Trade was only moderately active under selective buying. Slaughter steers sold 25 cents lower losing Wednesday's gain. Slaughter heifers were unevenly steady with 48 head of high-yielding choice heifers, at an average weight of 875 pounds, selling from 28.30 to 29.20. Cows continued to sell steady good bulls sold higher. Choice steers 31.50 to 32.10, good 30.50 to 31.50, medium 29 to 30.50. Choice heifers 27.80 report Peplace m.ent cattle were mostly heavy feeder steers 750 iounds up and fleshy heifers. Trade continued active at fully steady prices. Good feeder steers 750 pounds up 31 to 32.75, good feeder heifers 27 to 28.50. Only a few calves sold. Hogs average base price By THE CANADIAN PRESS Investors Group Ltd., 20 cents; class A, 20 cents; both payable Sept. 30, record Aug. 31. Five per cent pfd. 1969 series, Nov. 1, record Oct. 9. Hog prices EDMONTON (CP) Average prices to 11 a.m. provided by the Alberta Hog Producers Marketing Board: Edmonton: 22.10. Average Wednesday 21.85. Red Deer: 22.15. Average Wednesday 22.43. Calgary: 22.40. Average Wednesday 22.18. Lethbridge: Nil. Average Wednesday 21.85. LAoydminster: Nil. Average Wednesday 21.55. Total hogs sold 850 Wednesday Average 22.13. Sows profit for General Motors DETROIT (AP) Genera: Motors Corp. reported here it made a profit in the second quarter of this year pushing its earnings for the fira half of the year to more than billion. The million, coming after a first half, gave a total six-month profit of billion, the second-highest six month profit in GM history Only the first half of 1965, with earnings of ?1.27 billion, wa better. GM earned a share in the second quarter, comparec with in the same period Total earnings in the secon three months of 1970 were light trading on the Montreal stock market today. Combined volume on In Montreal and Canadian Stoc Exchanges at 11 a.m. wa shares compared wit at the same tun Wednesday. On index, the composite fe .57 to 181.47, industrials .57 futures WINNIPEG (CP) Live beef futures: Open High Low Close July 33.25N Sept. 32.40B Nov. 31.60 Tuesday's volume: two con in terms of Canadian funds was down 3-32 to 1-16 Pound sterling was down Vt tt NEW YORK (CP) Cana dian dollar up 5-64 at 97 63-64 j terms of U.S. funds. Pound ster ling unchanged at Tax column 011 page 22 COMPUTER ACCOUNTING AND MANAGEMENT LTD. Data Processing Services 507 CANADA TRUST BUILDING TELEPHONE good 28.75 to 27.50, medium 26 to 26.75. Good cows 22 to 22.75, medium 21 to 22, caii-ners and cutters 19 to 21. Good bulls 26 to jji-ocessincj and Systems 1003 4th Avenue S., lethbridge Telephone 328-4426 JLjata jr' races -sin fl futures WINNIPEG (CP) Maritira potato futures: Open High Low Clos Nov. 2.2W Mar April May Tuesday's volume: no con price 5 VANCOUVER Comin-co Ltd. announced here that it is reducing immediately the price of cadmium by 75 cents a pound. Tie new price for one-ton L lots or more will be a pound and for less than one-ton lots, S1.70 a By THE CANADIAN PRESS Burns Foods Ltd., eight cents, Sept. 15, record Aug. 16. Peoples Credit Jewellers Ltd., 10 cents; class A, 10 cents; both payable Aug. 13, record July Jobs don't grow on trees. They grow from the initiative and enterprise of the private sector. That's a plain fact of economic life. And here's another one. The most promising growth opportunity in a decade is staring you right in the face Right now. If you're ambitious to grow along with Canada, this is the time to start. In the past year, we've contained inflation more successfully than any other country with a free economy. Economists (both inside and outside the Government) are predictine that Canada is at the beginning of a new period of growth. Things are moving. Companies are expanding. Opportunities are opening up. But we can do much better still. This is no time for undue pessimism; no time for sitting back and waiting to see what happens. Now (while the growing is good) is a time for building and expanding into new markets and new product areas. There are thousands of skilled people ready and anxious to help you build your business and Canada Manpower Centres are just as ready to help you find them. If necessary, they can arrange the training of people you need, and help them relocate to wherever you need them for more productive employment. Canada Manpower economists and researchers are ready to help in their own field, too-with analyses of market potential in every part of the country, with detailed reports covering the probable effects of technological change in your industry and in your company with whatever facts and figures you need to take advantage of existing opportunities and to create new ones. Just how far and how fast Canada will grow in the next few years is very much for you to decide. The stimulus must come from your energy, your enterprise and your confidence in the future of this country. We're ready to grow when you are. The forecast is favourable. The people are available. And the Government has plans to help with all kinds of business expansion programmes. ow let's get growing! Manpower and Immigration Olio Lang, Mmislcr Main-d'oeuvre et Immigration Olio Lang, mimslrc ;