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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 6, 1973, Lethbridge, Alberta s Higher market prices continue TORONTO (CP) Prices on the Toronto stock market moved sharply higher in moder- ate mid-morning trading today. The industrial incTex, consid- ered the major indicator of market trend, rose 1.06 to 208.40, base metals .57 to 96.36 Air Canada has record net income OTTAWA (CP) Air Canada had a record net income of million and an investment re- turn of 5.7 per cent in 1972, up from million and 4.6 per cent in 1971. The were contained in the airline's annual report, ta- bled in the Commons Tuesday by Transport Minister Jean Marchand. Yves Pratte, chairman and chief executive officer of the Crown corporation, said strong economic growth and improved marketing and service pro- grams accounted for the jump in net income. He described the improved return on investment as encour- aging but said it was below Air Canada's 1968 level of 6.3 per cent when net income was al- most as large. The report said scheduled passenger traffic grew by 23 per cent over-all during the year, producing in pas- senger revenues, up 16 per cent from 1971. Mr. Pratte said the totals were reached despite a com- bination of unfavorable develop- ments during the year, in- cluding strikes by air traffic controllers and radar tech- nicians in January and Febru- ary, a oneway protest against hijacking by pilots, and adverse weather during the December holiday season. He said security expenses, higher airport user charges and fuel costs all will contribute to higher 1973 costs. The airline introduced lower domestic economy and ex- cursion fares and began a num- ber of discounted packages for travel" to Western Canada, the Maritimes, the southern United States, Europe and the Carib- bean. Hog prices EDMONTON (CP) Aver- age prices to 11 a.m. today provided by the Alberta Hog Producers Marketing Board. Edmonton 42.50. Average Tu- esday 43.45. Calgary 42.65. Avergae Tu- esday 43.84. Lethbridge No sales. Aver- age Tuesday 43.99. Total hogs sold to 11 a.m. 516. Total hog sold Tuesday Average 43.61. Sows av- erage 34.65. and western oils 2.32 to 215.47. Golds, however, fell 4.S3 to 288.60 in response to easing bullion prices on world mar- kets. Volume by 11 a.m. was 000 share- compared with COO, at the same time Tuesday. Advances almost doubled de- clines, 162 to 85, with 173 issues unchanged. Paper and forest, steel, indus- trial mining and pipeline stocks were among sectors of the mar- ket recording gains while con- struction and material, mer- chandising, trust and loan and utility issues were lower. Dome Pete rose IVs to Labatt to Hudson's Bay Co. to IU Inter- national to and Peoples Department Stores to Placer was up to Sberritt Gordon to Gibraltar <4 to and United Mindamar 16 cents to Camflo fell 45 cents to Pamour 20 cents to Campbell Chibougamau 30 cents to and Hudson Bay Mining and Smelting Vs to Hanger was up to Asamera 30 cents to and Canada Southern 15 cents to MONTREAL (CP) Prices were up in all sectors in light trading on the Montreal stock market today. Combined volume on the Mon- treal and Canadian stock ex- changes at ir a.m. was shares, compared with shares at the same time Tues- day. Papers gained .89 to 114.28, industrials .83 to 226.26, the composite .81 to 214.81, banks .76 to 256.00 and utilities .76 to 150.60. On the Montreal Stock Ex- change, Dome Petroleum rose 1 to Eastern Canada Sav- ings and Loan l to No- randa Mines to Imasco to and IU International to On the Canadian Stock Ex- change, Royal Agassiz was off two cents to 77 cents on shares. NEW YORK (AP) Stock market prices opened higher to- day, became mixed, then moved toward the downside. The Dow Jones average of 30 industrials, which had been up more than four points earlier, was down at noon by 3.31 at 897.50. Among Canadian issues Alcan was up Vs to Canadian Pa- cific to and Granby Mining to Dome Mines lost 1% to and Inco Vs to Calgary livestock CALGARY (CP) Receipts to 11 a.m. from the Calgary public stockyard shows sales of head, mostly heifers and cows. Trade was active. Slaughter steers sold steady at week's decline. Heifers sold steady with sales to 42.80. A large percentage of the heifers returned to the country as feed- ers. Cows sold firm and bulls sold steady. Steers Al and 2 45.50 to 46.60, A3 44.50 to 45.25. Heifers Al and 2 41.50 to 42.60, A3 40.50 to 41.25. Cows Dl and 2 34.50 to 36, D3 32.50 to 34.50, D4 29 to 32. Good bulls 38 to 40. Replacement cattle consisted of steers in the 800 to 950 pound range and heifers weighting 650 to 750. Prices were steady. There were no early sales on stock calves. Good feeder steers 800 pounds and up 44 to 48. Good feeder heifers 650 pounds and up 38 to 43. Hogs 42.65. Lambs sold 50 cents higher Tuesday. Good spring lambs 38, old crop 34.50. Box office advance sets record STRATFORD, Ont. (CP) The Stratford Festival, which launched its second decade this week with The Taming of the Shrew, has started off with a record million box office advance. Acting General Manager Bruce Swerdfager said this is half of the expected 82-per-cent attendance for the season. Most weekend performances are sold out until the first week of September. Ticket prices are generally up 20 per cent over last year to a top of But the manage- ment has retained a range of low-price seats at and BOAT BAN QUEBEC (CP) Mayor Gilles Lamontagne said recently there will be no easing up on a 1971 regulation that bans motor- boat traffic on lakes and rivers supplying the city with water. The restriction will remain in effect this summer. I. 2. 3. Q-X WITH MOLY -SAVES- 15% TO 60% IVERY YEAR ON OPERATING AND REPAIR COSTS Available Now for Autemoblltt Simply odd 16 01. to 5 oil or In proportion To and Automatic Trantminion Tested by Tachometers and Used Oil Analysis Q-X Moly improves efficiently of oils three times. Increases film strength of oils four times Eliminates dry starts. Reduces f-ictional drag between moving parts 5% to 20% ASK FOR IV AT SERVICE STATIONS Arctic oil train Four Queen's University researchers sa y a railway should be thoroughly examined as art alternative to pipelines for moving oil and natural gas from the Arctic. The re- searchers estimate that 20 trains a day, each containing 168 cars far larger than the ones shown, would be required to move oil miles from Arctic fields. Railway study for Arctic oil pipeline is suggested EDMONTON (CP) While most experts in petroleum and transportation favor pipelines to move oil and gas from the Ar- ctic, four researchers from Queen's University in Kingston, Ont, say the Canadian public would be cheated if a railway is not thoroughly examined as an alternative. They suggest reasons why a railway would be more econom- ical than a pipeline for moving oil and gas up the Mackenzie River from the Alaskan north slope and Mackenzie Delta: World research started on fat milk structure EDMONTON (CP) A great deal of research is being conaTicted on a world- wide basis to try to change the fat structure of milk prod- ucts, says Dr. V. W. Kadis, Canada's representative on the International Dairy Feder- ation. Dr. Kadis, 50. director of the Alberta agriculture de- partment's food laboratory since 1961, says the changes are being sought to satisfy the many people who believe that certain fatty acids in milk products, particularly butter, contribute to a high level of cholesterol in the blood stream, a substance which builds up and eventually blocks arteries. This is only one of many concerns of the federation which was founded in 1903 and has its head offices in Brus- sels. The'only international body concerned with the total dairy industry in the world, its 30 member countries include 15 of the top milk-producing na- tions. Canada joined five or six years ago and Dr. Kadis is the first Canadian to hold a senior position on one of the six policy-making c o m m i s- sions making up the federa- tion. CANADA NEAR TOP Dr. Kadis said Canada ranks among the top six milk-producing nations al- though the United States, per- haps the world's largest dairy product producer, is not yet a member of the IDF. "They can't seem to agree on who should represent their country." The IDF is a non-profit, non-governmental organiza- tion created to promote the solution of scientific, technical and economic problems in the international dairy field through international co-oper- ation. Each of the six commis- sions has four members and is responsible for certain areas. Dr. Kadis is a member of Commission A, concerned with milk hygiene and mat- ters relating to quality con- trol, residues and contami- nants. "The problem of pesticide residues in milk is another area of major concern that the commission is working on." The other commissions deal with technology and engineer- ing, economics and manage- ment, composition and stand- arris and classifications, ana- lytical standards, nutrition and education. The commissions, whose members serve a four-year term, co-ordinate a number of expert committees or working parties dealing with specific problems. CHECK ON PURITY In addition to being a com- mission member, Dr. Kadis also is a member of a com- mittee of experts with the re- sponsibility of recommending universal standards and test- i n g procedures associated with all problems relating to pesticide residues and con- taminates in milk and milk products. "With the growing interna- tional trade in dairy products, it is most important that all IDF member countries follow the same testing procedures and he said. Dr. Kadis was appointed to the commission last October in Tokyo at the federation's 56th annual meeting. He was one of nine Canadian dele- gates. Canadian publication sales higher PARIS (CP) Sales of Cana- dian publications to the French market have increased between 1969 and 1972 to from John Bell, commercial coun- sellor at the Canadian embassy here, credits efforts by the fed- eral government and the Cana- dian Book Publishers' Council for the increased sales. The federal initiative included founding an organization to pro- mote sales of Canadian publica- tions at home and abroad as well as participation in seven international book fairs in the United States and Europe. The most recent fair in which Canada participated was the fifth International Book Festival in Nice where both English and French texts were displayed, said Mr. Bell. Beef futures WINNIPEG fCP) Live beef futures close Monday. Jly 46.70; Sep 45.80N; Nov 45.25N; Jan 45.00N. Monday's volume: Eight con- tracts. costs of Arctic tech nology are high compared with established railway technology. and oil would have to be moved long distances by pipeline without distribution along the way except for minor feeders while railways could haul freight for the booming North. cost of restoring a pipe line route once the reserves are depleted could be as high as the original construction price. I the railway was abandoned there would be no trench to re store. The researchers have spen two years studying railways as an alternative. "We are not saying that a railway should be started to- morrow but, on the basis of our studies so far, it looks like a vi able alternative which shoulc be studied in greater said Prof. C. E. Law of Queens Institute of Guided Ground Transport. WANT CASE EXAMINED As serious researchers, we would like to see the case ex- amined and the bulk of our data is available to anyone, including the pipeline promoters. It is it the interests of the industry anc the pipeline consortium to look at all the angles very care- fully." Mr. Law and his fellow re- searchers, R. W. Lake, E. R Cornell and G. R. Masters, pro- pose a two-track railway for unit trains to haul oil and liqui- fied gas miles from Arctic fields to pipeline transfer ter- minals at a point north of the Alberta border. A system capable of carrying a volume of two million barrels of crude oil a day would have capital costs of billion and annual operating costs of million. They suggest that a tariff o: about 67 cents a barrel to the Trout River, N.W.T., termina would provide a Chicago mar- ket price of and a respect- able return on the investment. If liquified natural gas were also carried on the railway at the rate of three billion cubic feet per day, it would add billion to capital costs. Addi- tional operating costs would amount to million a year. The researchers suggest a tariff of 35 cents per cubic feet of gas to Trout River would be appropriate. The Chicago price would then be about 60 cents. This, they say, compares with a cost of about per cubic feet at Chicago for deliv- ery in a vapor-phase pipeline. Net earnings By THE CANADIAN PRESS Cambridge Leaseholds Ltd., year ended Feb. 28: 1973, 631, 40.4 cents a share; 1972, no comparable figures. Molson Industries Ltd., year ended March 31: 1973, 771, a share; 1972, 797, National Drug and Chemical Co. of Canada Ltd., 16 weeks ended April 24. 1973, 26 cents a share; 1972, 21 cents. Webb and Knapp Canada Ltd., year ended Dec. 31: 1972, 20 cents a share; 1971, 15 cents. Western Realty Projects Ltd., three months ended March 31: 1973, 14 cents a share; 1972, cents. Wednesday, Juno 1973 THI LITHIKIDGE HERALD 21 Good for cautious investor Analysts like bank stocks TORONTO (CP) The mention of bank stocks may produce yawns from investors who thrive on market uncer- tainty and risk-taking, but analysts say these stocks are among the best for the in- experienced or cautious vestor. The outlook for banks is, like the industry itself, con- servatively optimistic. Bal- ance of revenue after taxes but before appropriation for losses is expected to rise be- tween 10 and 15 per cent in 1973, compared with 20.2 per cent in fiscal 1972. Interest rates are still show- ing tendency to rise, and Grain prices Winnipeg grain WINNIPEG (CP) Prices had recovered most of the early losses and even posted good advances in some com- modities at mid-session today on the Winnipeg Commodity Ex- change. Flax prices were down 20 a1 the open but had pared the loss- es to six or seven cents in most months. Vancouver rapeseed, which was down 10 at the open, was ahead 16 to 18 cents, while Thunder Bay rapeseed advanced on a more modest scale. Oats prices were mixtd anc barley was fractionally higher. Rye was about a cent lower. Tuesday's volume of trade was bushels of flax of rye and of rapeseed. Mid-session prices: Flax: July 6 lower 5.93 Oct. 3 lower 5.57B, Nov. 7 lower 5.39 %B, Dec. 7 lower 5.12B. Rapeseed Vancouver: June 1' higher 4.68A, Sept. 17 higher 4.73A, Nov. 16 higher 4.69 V2A, Jan. 18 higher 4.62B. Rapeseed Thunder Bay: July 10 higher 4.64B, Oct. It) higher 4.54B, Nov. unchanged 4.27 Dec. 2 lower 4.06A. Oats: July lower 1.32 %B Oct. lower 1.31 %B, Dec. 1 higher 1.29 %B. Barley: July higher 2.04 Oct. higher 1.96 Dec higher 1.92 Rye: July 1 lower 1.93 Oct. lower 1.97 %A, Dec lower 1.96 %A. MORE Grain quotes Tuesday (basis High Low Flax Jly 600 Oct 563 Nov 553 Dec 523 587 553 543 508 Rapeseed Vancouver Jun 463% 446 Sep 466% 449 Nov 465 445 Jan 458 439 Close 560 547 519 451 456 453 444 Rapeseed Thunder Bay Jly 463 Oct 452 Nov 427 Dec Oats Jly 135% Oct Dec Barley Jly Oct Dec Rye Jiy Oct Dec 204% 197% 196Vz 2071A 205% 44314 425 129% 129 201% 193 192Vs 191% 295% 195% 454 444 427 408 133 132 128% 203% 1963A 192Vs 195 298% 197% Banks hike interest rate TORONTO (CP) Interest rates on mortgages have been raised again by three of Can- ada's chartered banks. The Canadian Imperial Bank of Commerce, the Bank of Nova Scotia and the Toronto Domin- ion Bank Monday quoted a rate of 9.5 per cent on conventional and National Housing Act (NGA) mortgages. Early in April their rate was 9.25 per cent, the rate still quoted Monday by the Bank of Montreal for NHA mortgages and by the Royal Bank for mortgages on new houses. The Royal and the Montreal banks quoted a 9.5-per-cent rate for other types of mortgages. Early in 1972 the chartered banks' rate for mortgages was 8.75 per cent although in the spring of 1970 it had reached a high of 10.5 per cent. Dollar Value MONTREAL (CP) U.S. lollar in terms of Canadian unds at noon today was up 1-25 at 4-5. Pound sterling down 9-20 at 13-100. In New York, the Canadian dollar was down 1-25 at 1- Pound sterling down 11-20 at 13-20. analysts say this, plus tighter money, usually contributes to relatively higher bank profits. But banks are also facing higher deposit and labor costs. Banks have a reputation for quality and integrity, and bank stocks are the first usu- ally to recover after a market slump, analysts say. The lat- est market decline has created relatively low earn- ings multiples based on this years estimated earnings. CANADIANS CHEAP Wood Gundy Ltd. says that on an international basis Ca- nadian banks are cheap com- pared with their counterparts in the U.S. "Generally speaking, Cana- dian banks have much higher growth rates, some of them having experienced rates of growth in the last five years as high as 20 per cent." The bank year ends Oct. 31, earlier than most corpo- rations, so fall is the season- ally strong time for bank shares, observers say. Analysts also expect con- sumer credit demand to rise strongly and business borrow- ing should increase if Parlia- ment passes the proposed cor- porate tax reduction and ac- celerated write-off proposals. Many analysts regard all bank stocks as excellent me- d i u m-and long-term in- vestments but may favor cer- tain ones for above-average growth. FIRM LISTS 3 Wood Gundy Ltd. recom- mends Royal Bank, Canadian Imperial Bank and Bank of Nova Scotia. Babsons lists Bank of Mon- treal and Bank of Nova Scotia as "buys" while advising that bank stock holdings in gen- eral be kept to about 10 per cent of total portfolio dollar value. Canadian Business Service recommends Canadian Impe- rial for "above average capi- tal appreciation' and other bank shares for either inter- mediate or long-term growth. The closing prices for bank stocks Monday were: Royal Bank Toronto Domin- ion Bank Canadian Im- perial Bank of Commerce Bank of Nova Scotia Bank of Montreal and Banque Canadienne Nationale Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty, McCaaig Limited) LAST BID OR SALE a.m. Quoftt) WESTERN OILS AND MINES 1.20 7.80 630 9.20 11.25 15.50 5.60 -115 3.45 .27 280 6.00 2700 8.25 2.02 1.41 1.12 650 1450 Albany Oils Alta East Gas Alminex Asamera Ashland BP Canada Brenda Mines Can south Cdn Ex Gas Cdn Ind Gas Oil Cdn Long Is Cdn Super Charter Chieftan Domt Pete Dynasty Fort Reliance Giant Mascot Granisle Gt Plains Gt Cdn Oil S Lochiet Lytton Win Noble Mines North Cdn Oils Numac Pancdn Pan Ocean Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Seiber.s Snootier Total Pets Ulster West Pete W. Decalta MISCELLANEOUS INDUSTRIES Acres Ltd 13.25 Aguitaine EC Sugar Pfd Block Bros Cdn Brew A Cdn Brew B Cdn Pacific Inv 26.25 Crestbrook Imd Crowsnest Ind Cygnus A a.m. Quotes) Cygnus B Falcon Copper F and M Trust Genstar Home A Home B Hud Bay Co Hud Bay Oil Hud Bay A Pfrt Hugh Russell Husky Oil Husky B Pfd .22 Huskv D War 46.25 Husky E War 400 Hys of Canada Inter Prov Pipe inter Prov Steel 7.90 Kaiser Res Loblaw C Pfd Maanasonics Pacific Pete Pac West Air Pe-Ben Oilfield Rainier Inc Royal Trust 24.25 St Maurice Cap .92 Sandwell 3 35 Teledyne 4.25 13.62VJ West Cdn Seed 550 Westfield 1.20 1.16 Westfield War .03 Weston A Pfd 6200 While Yukon 1450 Quotu) 7.7S VANCOUVER 1300 MINES 6.25 Afton 7.55 16.37Vi Atlas Explor .50 40 Bath Norse .70 38.25 Croyden .03 Dankoe 1.55 Davenport y7 Dolly Varden .36 Equitorial Res 19.25 43.00 5350 4400 Lornex 42 25 Primer 6. BO 805 4.50 9.00 1250 3.05 3000 1025 2800 975 Pyramid Sliver Standard Valley Copper INDUSTRIALS Col Brew Key Indust Wardair OILS Prp Explor Plains Pete 903 .15 .17 .80 8.15 2.75 .W Z.40 .21 <25 Pondsray Explor l.tO 5 Stampede Intl Res 1 15 .23 .56 .41 5800 PIPE LINE STOCKS MUTUAL FUNDS All Cdn Com t 85 All Cdn Divid 733 8.01 All Cdn Vent Amr Gr F AGF Special Cdn In F Col Mutual Cmnw Inter Cmnw Lev .43 675 97 5.75 500 Alta Gas A 16 Alta Gas Pfd 11 00 Alta Nat Gas Inland Nat Gas N and C Gas N and C B Pfd Pacific Trans Metro Gaz Metro A Trans Can Pipe Tr Can A Pfd 21 Tr Can B Pfd 1500 Tr Can Pipe 270 WC Trans 24 SO WC Trans War 30 M CALGARY 29.50 7.75 13.75 70.50 2000 10.50 Cmnw Vent Corp I nvest Corp In St 3.43 37J 5.18 5.69 2.51 49S 543 5.27 5.79 14.69 16.14 370 407 7.04 7.74 601 660 4.88 5.3S Dreyfus F U.S. 10.78 11.81 Great Pacific 2200 Gl" ln Shares 11.75 ?r Equity 425 Invest Gr F 65.00 35 Wj 66.00 Invest Mutual il Ac Mutual Gr F 41 Nat Res oz 2 .1 ,-j Barons ,Oil North Continental Western Warner 7.05 17.50 3.00 .46 .04 N W Cdn N W Gr Principal Gr Royfund Temp Gr United Ac Universal Sav .01 "2 Univest .37 Vanguard 447 4 89 3.49 3.84 7.54 8.28 11 78 12.88 5.60 6.13 577 6.35 3.41 3 75 7.47 8.16 S 41 5.95 4.75 S.22 4.17 4.58 6.41 6.67 8.55 9.34 4.91 S.40 7.49 8.23 5.74 631 fell Toronto mines, industrials (Supplied By Ricnsrdson Securities o! Canada) LAST BID OR SALE l.m. Quotti) MINES Acme Advocate Asb. Akaitcho Bralorne Broulan Bethlehem BrunswicK Can, N.W. Land Canada Tung. Cassiar Central Pat. Chimo Conwest Cor.s. Rambler Coin Lake Cochenour Craigmont Dickenson Mines Denison Mines Deer Horn D'Eldona Dome Mines Donalda Discovery Mines East Malartic East Sullivan Falconbridge Frofcex First Maritimes Giant Y.K. Bovis Granduc Hollinger r.m. auotet) a.m. Quotttl Osisko Placer Dev. P.C. Exp. Quebec Man Rayrock RadiOre Rio Algom Roman Sherritt Gordon Steep Rock Tek Corp. Texmcnt Upper Canada Western Mines Hudson Bay M-S 2400 Hydra Ex. Iron Say ISO Joliet Quebec Kerr Addison Key Ana con Labrador Lake Shore Langis Silver Madsen R L. Malartic G.F. Martm McMeely Maclntyre Meta Midrim Intern Mogul Nu West Homes New Athona New Calumet W. Horse Copper Noranda Northqata No-lex .12 1.20 1 18 2.15 .43 1400 4.30 665 1.65 1000 1.15 1 31 600 3.90 .10 1.26 655 400 29.25 .05 Abitibi .37Vj Alcan 9500 Algoma Steel Atco Ind Atlantic Sugar Agra Ind Bel Tel Brazil Trac B.C. Tel Burns B.C. Forest B.C. Sugar Bow Val Ind CAE Ind Cdn Brew Chemcpll Col Cell Calgary Power coroni Credit c.W.N. Pfd cdn Ind Cdn Marconi Cdn Vickers Chrysler C.P.R. Cominco Cons Bath Cons Gas Dist Seagrams Dom Bridge Domtar 875 Dom Textile .16 Dom Stores Dome Pete Dofasco Cable Glendale .22 Grt Cdn Oil 26.25 Gen Motors 2.85 Grt Lakes Pp .11 Gulf Oil Cda 1.31 Greyhound .27 Hawker Sid 24 Hur p Erie 6.75 Hiram Walker Imp Oil Imasca Int Nickel Int Pipe Inv Grp A Int Util Ir.d Accept Kaps .36 1.21 385 238 6800 .22 7.55 205 330 43.50 .33 375 2.06 4200 3.20 .08 1.03 1.00 46 51.50 .12 .13 .27 2.90 5.30 .30 1500 1.52 415 .22V, 286 3.00 Wright Hargreaves 1.20 Wiltroy 1.10 ___r_ Windfall Laurentide Yellowknife Bear 3.40 Kelly Doug A Zenmac .12Vj Loeb INDUSTRIALS Loblaw A 1000 Met Sotres 27 75 Massey Ferg 1625 McMillan Moore Corp 650 Molsons A 10.00 Molsons B 42 75 Nachurs IB North Cent 5150 Power Corp 1700 Price Co. 16.25 Rothmans 1950 st. Law Corp 2600 Shell CDA 9 87V'j Simpson's Simp Sears 4.50 steel of Cda 400 Selkirk A 25 00 Texaco 1.75 Traders Grp A 11 00 Trans Mtn Pp 14.75 Trans Cda Pp 370 unoin Gas 11.50 Union Oil 26 12V4 United Siscoe 17.50 Versatile Mfg 28 25 Westeel 2075 Union Carb Weston's B 37 37' 2 Woodward's A 3400 West Cdn Seed 1975 Zenith Elec BANKS 1455 Cdn Imp 31 CO Montreal 26 00 Nova Scotia 1400 Royal 9.7S Tor-Dom 830 65.00 i 21.25 32.75 18.50 435 27.87'A 5050 38.50 29.00 24.25 23.25 1725 11 75 495 675 21.12V4 2000 29.37ft 4875 26.37Va 25.75 7.75 9.87ft 10 87Va 14.50 11.25 1925 17.121'j 9 62Va 13.12ft 2950 14 62ft 59.00 1625 20.25 34 87ft 10.12ft 1250 780 650 1400 15.00 20.12ft 2500 5.50 265 2975 17.87ft 31.62Vi 34.12ft 31.75 Neiv York stocks (Supplied By Ricfaarffion Securities of Canada) Amr T and T 50.87V? Sears 97.50 M Golds 289.48 off 3 97 Anaconda Std Oil of N.J. 94.75 10 Base Met 96.52 up .73 Beth Steel 29.12V2 Texas Gulf 15 W Oils 213.09 off .04 Chrysler 2650 Texas Co 3550 Volume Comsat 45.25 Wickes Corp YORK AVERAGES Dupont Woolworth 23.62V2 30 Indust 896 22 off 4.58 GM 6625 Westinghouse Elec 34.12'A 20 Rails 160.67 Ijp .04 ?nt'f Harvester Ge'n Tef 'siec 1S Utili'ieS up M Kenn Copper 24.37Vi TORONTO AVERAGES Stocks 27558 off .82 Montgomery Ward 19.87Vi 20 Indust 207.80 up .46 Volume WANTED! INDUSTRIAL PROPERTY LEASE BACK Large, responsible Western Canada Company would like to lease a warehouse and offica building of approximately square feet In Lethbridge area. Would be prepared to sign long term lease. New cost of land and buildings es- timated to be in to range. Who would like to own this type of property and lease it back to us? Apply To BOX 125, LETHBRIDGE HERALD ;