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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 19, 1972, Lethbridge, Alberta Monday, 19, 1972 THI UTHIBIDOI HflAlD Stock prices dip in quiet trade Miscellaneous quotations Vancouver, Calgary! Montreal (Supplied by Doherty, McCuaig Limited) LAST BID OR SALE m, QuotM) a.m. Quotes! a.m. WESTERN OILS Husky li.SJVi Mutual Ac Almlnex 5.13 Husky Oil fl Alia East Gat 680 Husky Oil War Infer Prov Pipe Inter Prov Site! Kaiser Res MGF Manage Pacific Pele Rainier Sand we 11 Teledyne Wesl Cdn Yukon Asa Astiland BP ofl Gal Can South Crfn Ex Gas Cdn Homestd 5.13 6 80 17.50 5.20 6.W 3 55 R.05 Cdn Ind Gas lO.ffl TORONTO (CP) Prices on the Toronto stock market con- tinued to drift fractionally lower in quiet mid-morning trading today. j The industrial index was off. .15 to 203.77, base metals .40 to flG.13 and western oils .25 I o 236.94. Golds were up 1.85 to 211.23. Volume by 11 a.m. was 4BO.OOO shares, down from a! the same time Friday. Despite the general decline, advances held a narrow margin over advances, 109 to 37, with 171 issues unchanged. leverage, paper and forest, real estate, merchandising, banking and trust and loan is- sues edged fractionally lower while communication, industrial mining, general manufacturing and steel stocks moved higher. MacMillan-Btoedel dropped to Royal Bank ft to Fluorides coming next year j QUEBEC (CP) Quebec mu- nicipalities have until the fall of 1973 to begin fluoridating their drinking water supplies under terms of legislation introduced in the national assembly. But Claude Castonguay, social affairs minister who presented the bill, said provisions for ref- erendums were included in case some municipalities opposed compulsory fiuoridation. He told reporters tliat owners of drinking water filtration plants would be obliged lo as- sure a fluorine ratio of 1.2 parts per million which is recom- mended by the World Health Organization. Although it has been shown fluoridation can reduce tooth decay by up lo 65 per cent, Mr, Castonguay said he was aware a segment of the population op- posed it as an invasion of indi- vidual liberty. The new Quebec legislation provides fines of for indi- viduals and for municipal or other corporations contraven- ing the law. Imperial Oil to Bethlehem to and Hul- linger to Mean lost ft to Brtnco V8 to Dominion Stores Hi to Eleclrohome ft to and Husky Oil Vs to Moore was up 1'A to Mur- ritt Photofax 1 to Hamilton Group Ms to Falconbridge to Rio Algom to Wi and Numac to DULL TRADE NEW YORK (AF> Stock market prices slipped today In dull trading, responding to gen- eral investor uneasiness but no specific news developments. The Dow Jones average of 30 industrials at noon was off 4.59 at 940.47. Declines held a slight edge over advances on the New York Stock Exchange. Analysts said many traders were on the sidelines, awaiting news developments concerning a possible new Soviet-North Vi- etnamese peace initiative, International Nickel fell iVs to Distillers Seagrams to McTntyre Porcupine li lo and Massey to On the American Stock Ex- change, Brascan Ltd. was up Vi at Canadian Marconi was down at Montreal stocks not available at press time. Supei Cdn Long Is Chief la rv CMelran Dome Gt Plains Gt Cdn Oil Loch! el Nw1h Cdn Oil Numac Pinnacle Place Gas Ponder Ranger Scurry Rain Spooler Selbens Tolal Ulster W. Dcralfa. West Pele MISCELLANEOUS INDUSTRIES Aquataine Brinco Cdn Brew A Cdn Brew o Cdn Pacific tnv 6 50 11.75 1 32 CALGARY Acroll .50 Barons ON ,0V Madison .17 Cor.1 .0? Wesl Warner PIPE LINE STOCKS Alia Gas A 69.00 Alia Gas Pfd 72.50 Alia Nat Gas 31 .CO Inland Nat Gas N and C N and C B Pfd Paciffc Trails ,81 Gaz Metro Gai Metro A 6.35 Trans Cda Pipe 1.18 Trans Cda B S.W Trans Cda A Trans Cda WC Trans Trans WIs Quote i) 593 S.W 607 7.S! 5.23 5.7S 5.91 6.49 5.16 5.67 4.72 7.10 549 603 8.13 8.94 10.16 11.13 7.79 fl-W Cygnus A Cygntis B Falcon Copper Gensfar Home A He me B Hud Bay Co Hud Bay Oil Bay OJ1 Pfd Hugh Russell Mutual Gi 4 jo Nat N W Fin 12.M N W Gr 3.30 Principal Gr 3.80 Royfund 37.75 Temp Gr Ac 410 Universal Sav Vanguard Cninw Vent VANCOUVER MINES AFIon Alias Explof Ba1h Norse Brend a Brycon Churchill Copper Croyden Davenport Dankcc Dolly Vardcn Dynasly 12.S3V] Equilorla! 76.00 For! Reliance 13 00 Giant PAascof 5.00 Granisle 70.00 Lornex AA ro LvUon MlMrals .11.00 Primer 61 15 Pyramid n.37Vj Silver Standard 38-00 Texmont _____ Trojan MUTUAL FUNDS Valley Copper 35.50 All Cdn Corn 8.J3 953 WC Res AH Cdn Divid 10.70 1NDU5TOIALS All Cdn Vent 403 Block Bros 3.-15 Ann Gr F 6.72 7.M B.C. Sugar 2050 B.C. Sugar 17.50 5.07 5.56 Capt Inlter 7.63 Creslbrook F Ind 3.55 U.J3 Hys 350 389 A.11 Columbia i.75 Corp Invest 6.14 6.71 Key 70 Corp 5t F 5-74 Pacific W Air Dreyfus F U.S. 1324 U.50 Stampede Intl Res -94 Gr In Shares 4.10 4.51 OILS Gr Equity 8-01 8.83 Albany 0" 51 Invesf Gr F 12.37 1353 Plains Pete .11 Invest Mutual 641 Wesf Explor .11 30.50 1.45 3. is 17.2S 1 20 VBO .42 -90 5.10 V.90 5.05 2.12 9060 26.50 A.GF Special 29.50 Cdn In F 5.12'A CO! Mutual 5.62V? Cmnw Inter 17.I2VJ Cmrtw 15.25 32.00 31.00 17.50 4I.7S 50.75 31.25 B.C. brewer cancels plans to build breivery in east CKITlCiZES LABOR Murray ColterilJ, retiring pub- licity dlrectar of the United Slcehvorkers, Canada's larg- est union, says labor has lost its drive for social reform. Mr. Collcrill, who leaves his post at Ilic end of August after 32 years, says labor has become conformist, defensive and ad- ministration-oriented. THE ELECTRONIC FLASH OR STROM-MICH STOPS ITSELF WHEN THE USHT JS RIGHT- HAS SEEN LIBERATED FROM CONTACT WITH THE CAMERA. A SEWSIWG'eYE" UNIT NOW MAY BE ADDED TO A CAMERA SO THE ELECTRONIC FLASH SUN CAN BE MOVED TO PIFFER6NT POSITIONS... Toronto mines, industrials (SnppHcd By RJcfiarclson Securities of Canada) LAST BID OR SALE a.m. Quotes) MhNES Acme .36 Advocate Asb, 1.65 Akailcho -65 Bralorm J-20 Broulan .29 Bethlehem 20 25 Brunswick Canada Tuno. 1.4S 17.50 esl .31V-Z Cable Grain prices Winnipeg Grain WINNIPEG (CP) Trade In rapeseed showed limited inter- est at mid-session of the Winni- peg Grain Exchange today, 'rices up as much as one cent. Flax also was stronger as the nearby futures were taken against selling of the deferred inonths- Barley had some commission j louse selling and oats and! rye lad a dull trade. Volume of trade Friday in- cluded bushesl of flax, of rye and of rapeseed. Mid-session prices: Fiax: July t la higher Oct. 3 higher 2.85 Nov. J higher 2.84; Dec. 1 higher 2.BO Rapeseed Vancouver: June 3 higher 2.50 Nov. 1 higher 2.49 Jan. higher 2.46 V2. Rapeseed Thunder Bay: July higher 2.3t> 34; Oct. higher 2.37; Nov. unchanged 2.36 Dec, not open, Oots: July unchanged 69 Oct. higher 70 Vi; Dec. un- changed 70 Vs. Barley: July lower 1.09 Vi; Oct. lower 1.09 Dec. ifi lower 1.09 Rye: July not open; Oct. un- changed Vj; Dec. not open. Casilar Cenlral Paf. Chimo Con weal Cons. Rambler Ccin Lake Cochancur Dickinson Mini Denison fAIncs Deer Horn D'Eldona Dome Mines DonaIda Discovery Mtnei EIas1 East Svjlllvan Falconbridge First Marilimei Giant Y.K. Bovis Granduc R.L. Hollinqer Hudson Bay M-S Hydra Ex. Iron Bay JaUet Quebec Kcrr Addison Key Anacon Labracfor Lake Langls Silver wiao-sen Malsrllc G.F. 1.15 7.05 1.58 Placer Dev. P.C. Exp. quebec Man Rayrork Radlore Rio Algom ShsrriU Gordo Steep Rock Tek Corp. Texmont Upper Canada 1.14 .39 21.75 8.00 Westei Wiin 205 3.95 S V20 8.45 Wright Willroy 1. 33.DO Windfall OSVi YpllowXnlfe Bear t. _ii Zenmsc Tt.f-yh INDUSTRIALS A bit i b i 1 A1co Itid Atranllc S Agra tnd .75 Bell Tel 1.15 3.TO 5.50 .11.25 22 00 s'to'' B.C. Tel Burns B.C. F-orosI B.C. Suqar Val Ind CAE Ind Cdn Brew Cherncell Col Cellulose Calgary Corwi Crcdil C.W.N. mi Nu West Homes New Athena Mew Calumet Copper 3 M cdn ..._ .07 Cdn marci Cdn VFtkers -70 Chrvslar .ll'A C.P.R. .13 Cons Bath Cons Gas Dlst Seagranr 19.75 11.M 13.75 32.11V 00 7.75 2.00 2.10 12.75 16.50 7B.75 Ford ol Am Grl Cdn Oil Ren Motors Grf Lakes Pp Gulf Oil Cda Greyhound Hawker Sid Hur 6, Erie Hiram Imp Oil Imasca tnf Nickel Int Pipe Inv Group A Inf Ufil Ind Atcepf Kelly Doug A Loeb 2 Uoblaw A Me! Sfores Massey Ferq We f Ail I an Bice Moore Corp Molsons A rth Cent er Crop Price Co. Rofhmans Sf. Corp Shell COA Simpson's Simp Sears Steel of Selkirk A Texato Traders Grp A Trans IMn Pipe Trans Cda Pp Unlw Gas Unron Oil Versa rile Wg Wesleel Union Car wesion's B A 19.75 62.00 6.90 75-W 3.75 38 75 43.37V) 3S.75 24.50 31.87Y) 31.50 45.75 19 75 13.50 ?6.62Vi ?6.50 17.75 11.25 6.50 33.00 25.00 45.75 37.00 io.iav, 33 22.35 48.00 22.iO 41.00 7 00 20.75 17.75 37.75 i.50 :9t> .16 .38 2.30 37.75 Oorrv Domlar" Oom TEX Com Stores Dome Pele Dofasco 3( iO 33 35 1J.75 31.25 Cdn Imp Montreal NOVA Stella 35.50 30.25 39.50 Anaconda Be1h SlHl Chrysler Comsat Dupont GW Gutf Inl Harvwler Kenn Copper New York slocks (Supplied By Richardson .Securities ol T 42.50 Sears 19.37l'i Std Oil of Texas Gulf Texas Co 114.3S 20 Golds up .U N-J. 74.12V} 10 Base Met 96.3fi oil .15 15 W 336.1S off 33.00 Volume Economy growth sloivs OTTAWA (CP) Sluggish ufciness expansion and more bodesL growth i n govern ment expenditures trimmed the growth of the Canadian econ- omy in the first, quarter of 1972, figures released by Statistics Canada showed here. The gross national product, the total value of all goods and services produced in Canada, rose to 2.2 per cent on an- nual rate of billion in the final three months of 1971. The revision of the figures made comparisons difficult Statistics Canada said il is bringing figures as far back as 1947 up to date with new and more detailed data now avail- able. The first three mouths of this year showed a 2.1-pcr-cent in- crease in the rate of persona expenditures on goods and ser vices, a 1.5-per-cent increase in the rate of government ex petiditures, and a 2.2-per-cen. increase in the rate of business outlays. The business outlays includi housing outlays, since most res idenUal construction is done building corporations, even though houses are sold on com pJetion to individuals. Statistics Canada said then was good demand for housing in the first quarter of 1972, justness outlays on new plan and equipment was sluggish. Over-all, output rose one pe cent, while prices rose 1.1 pe cent in the three-month period Corp 41.25 NEW YORK AVERAGES Wootworfh 30 IncfuSI 9JQ 47 off 4.59 76.62'A Westfnghuose Elec 3B Ralfs 341.33 ofl l.W 31349 ofl 33 "4 Volume Dollar value MONTREAL (CP) U.S. dol- iar in terms of Canadian funds up 3-16 to 13-16 today. Pound sterling up lo 7- 16, YORK Cana- :ollar down ft at 15- terms of U.S. funds. Pound ,iing down at l-ifi. Livestock report Calgary livestock CALGARY (CP) Receipts on the Calgary livestock mar- ket to 11 a.m., about 275 head; mostly mixed cows and 4 -H calves. Trade was active. All classes of slaughter cattle were either steady or fully steady with buils to 31.30 and no choice heifers offered. Choice to good slaughter steers to 36.80, medium to 34.50. Good to tow choice heifers 32 to 33.70, me. dium 30 to 32. Good cows 26 21 to 27.50, medium 25 to 26.25. SALES REPRESENTATIVE Required For the retail field in o communications company with exceptional growth record, Duties Include servicing existing clients and vetoping new accounts. Applicant must be mature, aggressive onct over 75 years, wild a proven soles performance. Reply lo Tncame a year plui Lethbridge Herald Box No. 128 canners and cutters 24 to 24.50. Good bulls 28 to 30.10, Insufficient replacement cat- tie or stock calves to establish a market. Flogs base price 30.80. CALGARY POWER APPOINTMENT Hog prices EDMONTON