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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 29, 1973, Lethbridge, Alberta 22 LETKBfllDGE HERALD Friday, June 29, 1973 Market prices dip fractionally TORONTO (CP) Prices on the Toronto stock market moved fractionally lower in moderate mid-morning trading today. The industrial index, consid- ered the major indicator of market trend, fell .14 to 208.65 and base metals .10 to 101.00. Golds rose .32 to 208 65 and western oils .60 to 212.00. Volume by 11 a.m. -UBS 000 shares compared with 000 at the same time Thursday. Advances slightly ahead of declines, 99 to 93, with 155 issues unchanged. Oil refining, steel, bank and construction and material stocks were among sectors of the market recording losses while communication, general manufacturing, industrial min- ing and paper and forest issues were lower. The trading halt in shares of Lost River Mining and Pan Central Explorations continued, including over-the-counter trad- ing, pending release of informa- tion. Lost River was trading at and Pan Central at 80 before the halt Thursday. Canadian General Imestment fell 5 to Imperial Oil ss to Consumers Glass 13 to and Texasgulf to Socred party not dead MacMillan Bloedel rose to Pennington's to Corporate Foods to Du Pont to and Maclean- Hunter A to Placer lost s's to and As- sociated Porcupine 10 cents to 80 cents. United Siscoe gained 60 cents to and United Mindamar 20 cents to Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty. McCuaig Limited) LAST BID OR SALE (11 a.m. Quotes) (11 a ni. Quotes) (II a.m. Quotes) MONTREAL (CP) All sec- tors except papers declined in light trading on the Montreal stock market today. Combined volume on the Mon- treal and Canadian stock ex- changes at 11 a.m. was shares, compared with shares at the same tirna Thurs- day. Utilities dropped .57 to 147.54, the composite .30 to 216.46, in- dustrials .23 to 230.51 and banks .12 to 249.31 while papers rose 1.12 to 116.12. On the Montreal Stock Ex- change, Consolidated Bathurst gained 38 to while Sys- tems Dimensions was down I1 2 to_ 2, Labatt ss to and West Coast Transmission y> to 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 Cha-ter Gils Chieftan Dome Pete Dynasty Fort Reliance Giant Mascof Granisle Gt Plains Gt Cdn Oil S Loehtel Lvtton Mm Noble Mines North Cdn Oils Numac Pancdn Pete Pan Ocean Petrol Pinracle Place Gas Ponder Ranger Scurry Rain Seibens Spconer Total Ulster West Pete W. Decalta 50 7.60 8 60 4.40 9.20 1325 3.00 2950 MISCELLANEOUS INDUSTRIES Cygnus A Cygnus B 1 20 Falcon Copper 7 25 F and M Trust 6.65 Genstar 9 05 Home A Home B U.75 Hud Bay Co 5 65 Hud Bay Oil 375 Hud Bay A Pfd 3 10 Hugh Russell 620 Husky Oil 6.87Vi Husky B Pfd 20 Husky D War 47.25 Husky E War 4 00 Hys of Canada 10.12Vi Inter Prov Pipe Inter Prov Steel 8 50 Kaiser Res .27 Loblaw C Pfd 192 Magnasonics 9.25 Pacific Pete 28 00 PW Air 875 Pe-Ben Oilfield 2.10 Rainier Inc 1.50 Royal Trust 1.02 Sandwell 7 65 Teledyne 15.12V-! West Cdn Seed 12.75 Westfield Mm 12 50 Weston A Pfd 1.18 White Yukon 619 PIPE LINE STOCKS 60 Alta Gas A .40 Alta Gas Pfd 30 5.0 Alta Nat Gas 16.00 Inland Nat Gas 14 isvi N and C Gas 47 N and C B Pfd 6.75 Pacific Trans 95 Gaz Metro 5 50 Gaz AAefro A 5 30 Tr Can Pipe Tr Can A Pfd Tr Can B Pfd 7.75 Cdn Invest Fd 500 548 7 75 Collect Mut 5.29 5.81 13.12V2 CALGARY 6 50 Acroll 15 Barons Oils .04W 41.75 N. Continental .02 37 50 W. Warner .37 1875 VANCOUVER MINES 49 CO Afton Atlas Explor 23.00 Bath Croyden Dankoe Davenport Dolly Varden Equitorial Res Lorrex Primer Pyramid Silver Standard 24.12Vi Valley Copper 950 725 475 2375 500 405 INDUSTRIALS 7.50 .-16 .71 .05 2.05 .48 .28 .16 925 .11 .15 80 9.40 On the Canadian Stock Ex- change, Gold Hawk Mines dropped fhe cents to 38 cents on shares traded. -Caouette MEDICINE HAT Social Credit Party will be re- turned to power in Alberta and it will field a full slate of can- didates in the province in the next federal election, says na- tional leader Real Caouette. Mr. Caouette, in a phone in- terview from Ottawa, said he was making this forecast des- pite the defeat of provincial leader Werner Schmidt in a provincial b> election in Cal- gary Foothills. "It was a Cons e r v a tive stronghold so Mr. Schmidt's de- feat is cot really very signifi- he said. He contended that ''anyone says Social Credit is dy- ing in Alberta, federally or pro- vincially, simply doesn't know what he is talking about.'' Rapeseed rates cut praised EDMONTON (CP) The Ca- nadian Transport Commission's decision to cut freight rates on rapeseed meal %vas called a "breakthrough" by Alberta's Industry Minister Fred Pea- cock today. High freight rates on rape- seed products ted been a long standing speific complaint of Alberta and "we're delighted wih the decision to cut charg- he said. The province had argued that Alberta rapeseed could be ship- ped to eastern centres for processing at one rate, yet when the processing was done in Alberta shipping charges for the finished product were sub- stantially higher. Mr. Peacock said there was doubt" the decision will in- crease job opvortunities in Al- berta by making rapeseed pro- cessing more economic here. NEW YORK