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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - July 31, 1973, Lethbridge, Alberta Tuttdor, July 3T, THI UTHMIDGI HMA10 ft Miscellaneous quotations Vancouver, Calgary, Montreal (11 a.m. WESTERN OIL! ANDr MINKS Albany Oils Alta East Gas Almlnex Asamera Ashland BP Canada Mints Can South Cdn Ex Gas Cdn Homestd Cdn Ind Gas Oil Cdn Long Cdn Super Chartsr Oils Chleftan Dome Pete Dynasty Fort Reliance Giant Mascot Granlsle Gt Plains Gf Cdt Oil S Lochiel Ex Lytton Min Noble Mines North Cdn Oils Numac Panodn Pete Pan' Ocean Petrel Pinnacle Place Gas Psnder Ranaer Scurry Rain Selbens Soooner Total Pete Ulster Pete West Pete W. Decalta (Supplied by Deherty, McCsiij United) (11 a.m. Quotes) (11 a.m. Quotes) Cypnus B Falcon Copper INDUSTRIES Acres Ac.yitaine BC Suoar Pfd Blotlc Bros Cdn Brew A Cdn Brew B Cdn Pacific Inv Crestbrock Ind Crowsnest Ind Cygnus A 1.14 F and M Trust 8.25 Genstar 6.75 Global Comm Home A 13.50 Home B 17.00 Hud Bay Co Hud Bay OH Hud Bay A Pfd Hugh Russell Husky OH Husky B Pfd Husky D War Husky E War Hys of Canada Inter Prov Plpa Inter Prov SteM Kaiser Res .28Vb LOblaw C Pfd 3.40 Magnasonlcs ll.62Vj Pacific Pett 30.75 PW Air Pe-BM Oilfield Rainier Inc. Royal Trust Comm. Corp. Sandwell 17.37'A Teledyne 14.50 West Cdn Seed Westfleld Mln Weston A Pfd White Yukon PIPE LINE Alta Gas A 31.37'AAIfa Gas Pfd 17.75 Alta Nat Gas Inland Nat Gas N and C Gas N and C B Pfd Pacific Trans Gaz Metro Gar Metro A Trans Csn Pipe Tr Can A Pfd Tr Can B Pfd Tr Can War WC Trans WC Trans War VANCOUVKR MINES Afton Atlas Ex. Bathurst Norse. Croyden 7.45 4.80 3.60 7.70 8.75 .20 55.50 4.00 12.50 36.00 11.25 B.OS 2.66 1.90 1.20 7.35 14.75 1.M .20 .70 7.75 Dankoe 15.00 Davenport 6.00 Dolly Varden 16.12VJ Equltorlal Res 44.00 Gibraltar Urnex 44.00 Primer 18.00 Pyramid 47.00 Silver Standard 55.00 Valley Copper 47.25 VANCOUVER 24.50 Columbia Brewing 41.25 Key fndust. 8.75 Wardalr 2 PRP Explorations Plaint Pete Pcnderay Ex Barens North Con. West. Warner 1.90 .27 .18 14.25 .11 17 1.11 9.60 2.60 .30 1.90 1.17 .25 .90 129 .60 .03 .O'Vj .37 14.00 M 7.75 1.03 5.70 5.12% MUTUAL FUNDS Ail Cdn. Com. 7.14 7.76 3.70 All Cdn. Dlv. 7.64 8.30 All dn. Ven. 3.77 4.10 Am. Gr. Fund 5.55 6.09 A.G.F. Spec. 2.85 cdn. Inn. Fund 5.14 5.65 col. Mutual 5.93 com. Inter. 15.14 16.64 com. Lever. 3.99 4.38 com. Venture 7.61 8.36 71.62% Corp Invest. 6.2? 6.91 19.75 Crop In. St. Fd 5.14 5.64 10.87'A Drey. Fd U.S. 11.31 12.39 10.00 Greet Pac. 4.75 5.20 Gr. income Sh. 3.4? 3.84 Gr. Equity 7.75 8.51 In. Growth Fd 12.47 13.85 S.OO 62.00 11.25 STOCKS 13.50 13.00 22.00 15.00 2.80 25.00 29.00 29.25 9.50 29.50 7.75 22.25 11.75 4.45 65.00- 32.00 59.50 3J.50 6.60 18.50 3.95 935 .52 .80 In. Mutual Mut. Ace. Mut. Gr. Fd Nat. Re. N.W. Cdn. N.W. Growth Prln. Growth Royfund Tern. Growth Un. Ace. Unlvsr- Sav. Ufllvwt Vanguard 5.97 6.11 -3.71 8.34 5.68 5.04 4.55 6.81 8.71 5.31 7.93 6.70 6.53 6.73 4.03 9.16 5.56 5.M 7.09 5.84 972 6.69 7.34 Toronto industrials C11 a.m. Quotes) MINES Acme Advocate Asb. Akattcno Bralcrne Broulan Bethlehem Bovis Brunswick Can N w Land Canada Tung. Caspar Central Pat. Chimo Conwest Cons. Rambler Coin Lake Cosiwnour Cralgmont Dickenson Mines Denlson Mines Deer Horn D'EIcbna Dome Mines Discovery Mines East Atelartic East Sullivan Falcon bridge Frobex First Waritimes Giant Y.K. Granduc Hollinger Hudson Bay Hydra Ex. Iron Bay ISO Joliet Quebec Kerr Addiscn Key Anacon Labrador Lake Share LangiS Silver Madsen R.L. Malartlc G.F. Martin McNeely Maclntyre Meta Midrim Intern Mogul Nu West Homes New Athens NSW Calumet Noranda Nortngate Norlex Osisko 1.25 1.12 Z.25 .42 16.23 2.25 5.45 8.25 2.20 10.75 1.12 1.18 S.JO 425 .17 1.02 7.90 3.80 39.25 .05 LAST BID OR SALE (11 a.m. Quotes) Pine Point Placer Dev. Pax Exp. Quebec Man Rayreck Radiore Rio Algom Roman Corp Sherritt Gordcn Steep Rock Tek Corp. Texmont Upper Canada Western Mines W H Cop Mines (11 Quotes) 36.00 Grt Cdn Oil Gen Motsrs 2.70 .13 1.38 .37 30.25 9.4S Wright Hargreaves 1.00 Willroy 1.'2 Windfall .17 YeMowknife Bear ____ Zenmac Loblaw A INDUSTRIALS Met Stores Grt Lakes Pp Gulf Oil Cda Greyhound Sid Hiram Walker Hur C, Erie 17.87V2 Imp Oil 1.61 imasca Int Nickel Int Pipe Inv Grp A Int Util Ind Accept K3DS Kelly Doug A Lau.-entlde Loeb 4.20 .30 2.90 3.20 3.85 M-S Abitibi 40 Alcan 92.00 Algoma Steel 1.30 Atco Ind 4.15 Atlantic Sugar 2.85 Agra Ind Bell Tel .26 Brazil Trac .72 B.C. Tel e.OO Burns 390 B.C. Forest 46.75 B.C. Sugaf Bow Val Ind .31 Cable 3.70 CAE Ind 2.25 Cdn Brew .23 Chemcetl Ccl Cell .39 Calgary Power 44.00 Coron credit 29S C.W.N. Gas Pfd .OSVb Cdn Ind 1.30 Cdn Marconi 1.01 Cdn Vickers .32 Chrysler 54.50 C.P.R. .16 Cominco .16 cons Bath 15.25 Cons Gas 8.50 Dist Seagrams .14 Dom Bridge .24 Domtar 5S.12Vi Dem Textile i tn Dom Stares Dome Dofasco .23 GlsmJa'e 12.25 Massev Fern McMillan Bloe 18.62'A Moare Corp Molsons A Molsons B 10.75 NachL-rs 41.00 North Cent 17.75 Power Corp Price Co. 15.S2Vi Rothmans 18.50 St. Corp 19.00 CDA 33.75 Simpson's 16.25 Simo Sears steel of Cda 410 Selkirk A Texaco 5.3714 Traders Grp A 24.00 Trans Mtn Pp 1.80 Trans Cda Pp 10.87Vi Union Carb Union Gas 3.45 Union Oil 15.25 United Siscoe 26.37'A Versatile Mfg Westeet 32.50 Weston'S B Woodward's A 16.12% West Cdi Seed 41 JO Zenith Elec 37.2S BANKS 22.75 Cdn Imp 8.25 Montreal Nova Scotia 27.17% 9.12'A Tor-Oom 8.15 69.25 18.37V2 4.60 56.25 2900 40.75 30.03 :..oo 24.00 9.75 25.75 18.00 6.50 S.Vi 11.50 4.80 6.62V2 17.62V2 21.50 31.75 57.00 25.50 7.75 10.00 .11.62'A 11.55 20.00 9.00 11.00 13.00 66.50 18.00 20.12% 31.P7% 16.25 10.25 17.00 4.95 211.50 22.M 2.40 30.50 1875 33.50 35.00 3I.12V4 Pipeline stocks record decline IVetr York stocks NEW YORK Amer. T and T 51.00 Anaconda Beth. Steel Chrysler Comsat Dupont Gen. Mctors Gulf int. Harvester wlritgomery'ward 20 Industrial Z1MS off .15 X-Ron 22.50 Texas Sulf 27.62'A Texas Co. 24.75 Wix Core. 52.50 Woolworth 170.87VJ Westing. Elec. 68.62V2 US. Steel Gen. El. 101.50 20 Gokls Off 97.00 10 Bwe Met. 107.34 off .02 2S.62V2 15 Wast. Oils 247.11 off .18 33.25 Volume 1 NEW YORK AVERAGES 30 Ind. 932.94 oft .12 20 Rails Up .50 15 Utilities off .31 30.50 TORONTO AVERAGES 65 Stocks Off .11 TORONTO (CP) The To- ronto stock market moved frac- tionally lower in light mid- morning trading today. The industrial index, consid- ered the major indicator of market trend, fell .06 to 219.94, golds .96 to 295.53 and western oils .53 to 247.16. Base metals were up -OS to 107.142. Volume by 11 a.m. was 000 shares compared witfa 561.- 000 at the same time Monday. Declines led advances 115 to 91 with 158 issues unchanged. Pipeline, beverage, bank and oil refining stocks were among 1 sectors of the market recording declines while steel, real estate, chemical and industrial mining issues higher. Trading was resumed in shares of Ryanor Mining Co. Ltd and of Xewnorth Gold Mines Ltd. Ryanor was up two cents to 11 cents and Newnorth was unchanged at 14 cents. .Bow Valley fell to Im- perial Oil to Cominco to Consolidated Bath- urst to and Hudson's Bay Oil and Gas to Dofasco rcse te to Anglo Canadian Pulp to Brascan to Greb Industries B V4 to and Mercantile Bank to Sherritt Gordon lost to Hudson Bay Mining Vt, to and Conwest 15 cents to International Mogul gained to and Dynasty to United Canso slipped to and Numac Vs to Canada Geothermal was up 18 cents to NEW YORK (AP) Stock j market prices drifted lower to-1 day in dull trading as the mar- i, ket tried to resume the two- week rally that had ended Mon- day. The Dow Jones average of 30 industrials at noon was down .37 to 933.40. The blue-chip in- dicator had risen some 59 uoints in the 10 sessions ended last Friday, but on Monday it dipped nearly three points. On the New York Stock Exchange today, advances led declines by i a fair margin. Analysts said investors were i on the sidelines, trying to judge i which direction the market would go. Most of the profit-tak- ing pressure from Monday had dried up, brokers said, and prices were receiving some sup- port from the continuing spate of favorable quarterly corporate earnings. Among Canadian issues on the New York exchange, Mas- sev Ferguson was up 'i to Inco to and Hud- son Bay to Dome Mines droped 1% to and Mclntyre to Canadian Pacific was un- changed at Canadian equipment Canadian technology and Canadian equipment are the backbone of the Sao Paulo, Brazil stock ex- .change. The Canadian equipment, together with a U.S. made computer have given Sao Paulo the most modern electronic system of Brazil's seven exchanges. This is the character Ferronti- Packard Ltd. of Toronto, disp'ay system, with dual mini-computer, a 24 chan- nel digital-to-video con- verter and associated switching equipment ct the Sao Paulo exchange. Tory claims ag minister 'politicking9 in West GRANDE PRAIRIE (CP) "Politicking" by Agriculture Minister Eugene Whelan, hot Progressive Conservative ma- noeuvres, were responsible for stalling a crop insurance bill in interview, said statements by the Commons, Gerald Baldwin, Conservative house leader, said today. Mr. Baldwin, in a telephone Grain Prices Hog prices EDMONTON (CP) Aver- age prices to 11 a.m. provided by the Alberta Hog Producers Marketing Board: Elmonlon: 60.15, average Monday 6.08. Red Deer: 60.05, average Monday 60.56. Calgary: 60.10, a v e r a ge Monday 60.67. Lethbridge: No sales, aver- age Monday 61.37. Lloydminster: No sales, av- erage Monday 60.45. Fart Macleod: No sales, av- erage Monday 61.20. Granle Prairie: No sales, av- erage Monday 59.50. WINNIPEG (CP) Flax prices were up the daily maxi- mum of 20 cents in most trad- ing futures today at mid ses- sion on the Winnipeg Commod- ity Exchange. Rapeseed prices traded mod- erately at uneven prices, rang- ing from 11 cents higher to 17% cents lower. Oats and barley were up slightly and rye prices advanc- ed six to cents on a stronger demand. Mondays of trade was bushels of flax, of rapeseed and 000 of rye. MID-SESSION PRICES: Flax: July 4 lower 10.07B: Oct. 20 higher 9.89; Nov. 20 higher 9.5S; Dec. 20 higher 9.44B. Rapeseed Vancouver: Sept. 3 lower 7.56A; Nov. 3% higher Jan. 11 higher 6.99; March 2 higher 6.92B. Rapeseed Thunder Bay: July 17% lower 6.98V4B; Oct. 3 high- er 6.90; Nov. unchanged 6.72B; Dec. 15 lower 6.22B. Oats: July 3% higher 1.73B; Oct. 3% higher 1.74% Dec. not open. Barley: July higher Oct. 4V4 higher- Dec. 3 higher 2 52. Rye: July not open; Oct. 7% higher Dec. Wz higher Grain quotes Lake High Flax Jly Oct 1039 Nov 978 Dec 964 Rapeseed Vancouver Sep Nov Jan 689 688 Mar Monday (basis Low 1011 969 938 924 Close 1011 939 938 924 Mr. Whelan at a meeting dur- ing the weekend that the Con- servatives were to blame for stalling third reading of the bill were "improper and false.'" Mr. Whelan said the Liberals had repeatedly asked the Con- servatives to help move the bill would permit the fed- eral government to pay one- half the premiums for crop in- surance through the house but Mr. Balden said "no, just wait." Mr. Baldwin said one reason the bill was not passed Friday was because Mr. Whelan was not in the bouse. Mr. Baldwin, member of par- liament for Peace River, said the Conservatives took the po- sition in committee that toe bill was inadequate to deal with the {serious problems frequently j imposed on western farmers by weather conditions. He said -the Conservatives asked for certain information from Mr. Whelan which the Agriculture Minister could or would not supply, preventing the bill's passage. Gold futures WINNIPEG (CP) Gold fu- tures, U.S. funds, Winnipeg Commodity Exchange: Jly 73 114.85B: Oct 73 116.35B'- Jan 74 118.95lf: Apr 74 _ 124.10; Jly 74 127.10B. Friday's volume: 142 con- tracts. Rapeseed Thunder Bay 16634 165% 165% WINNIPEG beef futures: Sep 52.00B; 53.00A. Friday's volume: i tracts. MCGREGOR, LORD co. HUNT, JACOBSON CO. AND RUDD, GOOLD ELLIOTT announce the merger of their practices under the firm name of RUDD, GOOLD ELLIOTT CHARTERED ACCOUNTANTS P.O. Box 940 519-7th Street South Uthbridge.- Alberto 328-6691 Vancouver KcmloopJ Edmonton Calgary Beef Futures (CP) Live Nov 52.50B; Jan con- Attention Formers AND FIR DIMENSION PRIME UTILITY GRADE RANDOM LENGTHS Ideal for Stockpens, Corrals and almost any othvr farm buildings. Can rip- ped to your SPECIAL STOCK White Stocks Lost ADVANCE LUMBER CO. LTD. "YOUR DEAlEfi SINCE 1925' COR. 2nd AVI. and 13m ST. IfTHMIDGf PHONC 328-3301 Livestock report Lethbridge Livestock There were no 'cattle sales Monday due to the weekly sale of weaner and feeder hogs. Sales 600 hogs. All classes of weaner and feeder hogs continued to meet very good demand at prices up to S2 higher. Wearers to 32.75 per head. Light feeders tinder 100 Ibs. to 39.50 per head. Heavy- feeders 100 to 130 Ibs. to 43.50 per bead. Heavy feeders over 130 Ibs. 52.50 to per bead. Light feeders under 100 Ibs. sold from to 60 per hun- dredweight Heavy feeders over 100 Ibs. sold 37.75 to 43.75 per hundred- weight. Bred sows sold to 135 per head. Boars sold to 147.50 per head. Butcher boss sold Monday at the Lethbridge yards 61.45' base price. Calgary livestock CALGARY (CP) Receipts to 11 a.m. from the Calgary 3 Public Stockyards showed sates of 575 bead, mostiy slaughter i steers and cows. Tfcde was oa a strong and active basis with; a broad demand- Slaughter steers sold a full' higher. Heifers were bigb- i er. Cows 'were higher with sales to 40.50. A few bulls sold i or more higher. I Steers Al, A2, A3: 40.30 to! 49.50. Heifers Al, A2, A3: 46 to 47.50. Cows Dl, D2: to 40. D3: 36 to 38. D4: 32 to 35. Bulls: 41 JO to 44. Replacement cattle were sfaortiveep steers end heifers in ihc heavier weight ranges sell- ing at strong prices. A few stock calves soW jsteady Good feeder steers more than 800 pounds: 47 to j 53.10. Good feeder heifers more ,Ujai 700 pounds: 44 to Good steer calves over 400 pounds: 50 to 59.75 Hogs average base pnce IfiOlO. 2n Mortgage. Money you may have forgotten about, Every homeowner has good we will loan up to on a 2nd reason, at one time or another, to borrow money. Let's say yours is to finish the basement. You already have a mortgage on the house and you're buying a car. But you can handle the additional responsibility. We "at Laurentide Finance con- sider home improvement one of many worthwhile reasons for bor- rowing money, mortgage. We use our own funds and we have very flexible re- payment plans. There are no bonuses, no finders fees. if you would like to know more about 2nd mortgages, send us your name and address and we'll send you a free, informative booklet on the subject without obligation. Or give us a call. Right now. ifivrflvfji As a Canadian-owned company While it's on your mind. LAURENTIDE FINANCIAL CORPORATION LTD. A Member of the Laurentide Financial Group 311 7th St. South, T1J 3Z4 327-5791 ;