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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - March 16, 1971, Lethbridge, Alberta a i i\a\ 01:00 �.m. Quotes) (11:00 a.m. QuoftM WISTIRN OILS Alia East Cai 5.10 Almlnex �.15 Atamera 19.00 BP Oil Gat 6AS Can South 5.30 Cdn Ex Oai . 4.75 Ashland 11.50 Cdn Hdmastd e.20 Cdn Home Pfd 15.00 Cdn Ind Gas Oil 11.37ft Cdn Long Is .67 Cdn Super 35.62'A Cen Del Rio 12.62V4 Charter 6.50 Chleftan 800 Dome Pete 86.75 Dynamic Ptta 1.09 Total Peta 7.05 Gt Plains . 34.62Vi Lochlel 1.30 Mill City 1.61 New Cont .71 North Cdn Oil 7.75 Numac 7.45 Permo .66 Petrol 1.37 Pinnacle .76 Place Gas 1.40 Ponder .58 Ranger 13.75 Scurry Rain 26.50 Spooner 1.75 W. Decalta 6.30 MISCELLANEOUS INDUSTRIALS Agra Atco Ind Aquatalne Brit Nfld Cdn Brew A Cdn Brew B Cdn Hydro Car Cdn Pac Inv CPR Pfd Crows Ind Cygnus A Cygnus B Cum Prop Gt Cdn Oil S Gt Cdn Oil 6-75 Home A Home B Home Pltfld Hud Bay Co Hud Bay Oil Hud Bay Oil Pfd .00 8.00 24.25 5.25 31.00 37.25 17.00 26.00 9.50 26.00 5.00 7.00 16.50 6.20 100.00 25.50 26.00 2.05 17.50 42.00 56.50 Hugh Russell 21.25 Husky oil 17.58 Husky Oil B 4S.62V4 Husky on war 8.75 Inter Prov Pipe 12.37y2 Intl Utll Pfd 43.62'/j Infer Steel Pipe 8.37Vi Jefferson Lake 10.87'A Joutel ,90 Kaiser Res 7.00 Kam Kotla 1,35 h,. W Nat Gas 16.75 Inland Nat Gas 12.62VS N and C 16.62V2 Gaz Metro 4 80 Gas Metro pfd A 63.50 Tr Cdn Pipe 33.00 Tr Cdn P Pfd 42.00 Tr Cdn P Pfd A 61.50 T,r Cdn P War 10.75 WC Trans 25 00 Western Pacific 4.80 MUTUAL FUNDS AGF Special 2.71 AM Cdn Com 7.90 8.63 A �n Dlvld 9.00 9.84 All Cdn Vent 3.57 3 00 Amr Gr 5.57 Invest F 4.51 4.94 Col Mutual 6.34 6.94 Cmnw Inter 12.82 14.05 Cmnw Lev Corp Invest Corp In St F Dreyfus F U.S. Gr Equity Gr In Shares Invest Gr Invest Mutual Mutual Ac Mutual Gr F Nat Res N W Fin N W Gr Principal Gr Royfund United Ac Universal Stv Temp Gr 3.32 3.M 5.49 6.00 5.01 5.48 12.47.13.67 6.08 6.68 3.41 3.75 10.93 11.95 5.31 5.81 5.35 5.88 5.29 5.82 7.42 (.11 4.55 5.00 5.42 5.96 4.18 4.59 5.55 5.72 4.80. 5.27 7.24 7.95 25.03 27.36 Nationalization demand pressed LONDON (AP) - Thirty Labor members of Parliament, stung by Henry Ford IPs criticism of British industrial strife and inferior quality of product, demanded today that the Ford factories be nationalized. They also proposed a widespread inquiry into the whole question of foreign investment in. Britain. They declared in a motion in the House of Commons that the American auto magnate has made vast profits in the United Kingdom, paying employees a lower rate than Chrysler, British Leyland and other manufacturers. Parity in this field is precisely what Ford workers at 16 factories on strike now for six weeks are demanding. The action was sparked by Ford's meeting with Prime Minister Edward Heath to explore the future of British industry, plagued by strikes, and Ms blunt comments afterwards Monday. Ford said the strike of 50,000 workers has convinced him further investment and expansion must be suspended for the present and possibly for the next three years until he is satisfied with industrial conditions. Ford summer] up his views, which he earlier imparted to the prime minister, with these conclusions: -Complaints about the quality of British-Ford Oapris resulted in the parent company in Dearborn, Mich., shifting the bulk of imports of this model to West Germany. -Disruptions and interruptions in production caused chaos in delivery schedules to Ford assembly plants elsewhere. -Customers overseas found missing parts in Fords produced in England. -Costs became unstable by rising prices for British-made components. The Labor MPs said in their resolution that Fordi has a long history of "industrial dispute at his works in Detroit." Ford rejected this statement, contending the parent firm has had smooth labor relation since 1967. A second move In parliament came from another six Labor members, led by former chief whip John Silken. They proposed that the government take over Ford "with no payment for goodwill since Ford denies its existence." Livestock \ market i report .30 .121/4 .56 16.25 4.35 8.90 18.25 VANCOUVER Anuk Arctic Mining Atlas Explor Beth Copper Block Bros Brenda B.C. Sugar ----- B.C. Sugar Pfd 15.50 Capt Inter 6.25 Churchill Copper 1.37 Col Cell 5.75 Coronation Credit 1.50 Crestbrook F Ind 7.00 Croyden .20 Dynasty 4.65 Fort Reliance .60 Giant Mascot Granlsle Key Indust Growers B Bath Norse Hys Interior Brew Jericho Kamloops Copper Lornex Lytton Minerals New Cronln New Imp Mines 1.50 Okanagan Hellcop 4.60 Primer " Pyramid Silver Standard Texmont Tro|an Western Mines WC Res Western Explor Utlca 4.55 11.75 .25 3.15 1.10 2.00 4.75 .IOVj .12 8.75 2.15 .08 .16 .34 1.65 .76 .30 3.75 .12 .24 .63 New York stocks Supplied by Richardson. Securities of Canada Amr T and T Anaconda Beth Steel Chrysler Comsat Dupont General Motors Gulf Int Harvester Ken Copper 48.62V3 Motgomery Ward 34.62Vb 20 Golds 182.20 up .23 21.00 Sears 85.12V2 10 Base Met 96.41 up .98 22.37','j Std Oil of N.J. 77.37V2 15 W Oils 206.62 off .21 29.12V2 Texas Gulf 121.75 Volume 1,508,000 70.25 Texas Co 37.25 NEW YORK AVERAGES 139.50 Woolworth 50.00 30 Indust 915.32 84.62Vi Westlnghouse Elec 8I.12V2 20 Rails 204.28 up .59 31.50 U.S. Steel 32.87V2 15 Utilities 124.46 up .19 31.62'A TORONTO AVERAGES 65 Stocks 301.26 up 1.62 36.00 20 Idust 183.47 up .92 Volume 11,410,000 Grain prices Winnipeg Grain WINNIPEG (CP) -Rape-seed futures were up to seven cents higher at mid-session on the Winnipeg Grain Exchange today. Exporters were heavy buyers with some commission house buying and selling and extremely light hedge offerings. Prices were ranging from two to eight cents above previous close levels. Some exporter activity in flax had prices moving only fractionally. Oats and barley were mainly inactive while rye had a little activity at steady prices. Monday's volume of trade was 588,000 bushels of flax, 2,-193,000 of rapeseed and 371,000 of rye. Mid-session prices Flax: May Vz higher 2.56%, July unchanged 2.55%, Oct. y. lower 2.57%, Nov. not open. Rapeseed Vancouver: March 5 higher 3.14%, May 2% higher 2.84, July 2y� higher 2.87, Sept. not open. Rapeseed Thunder Bay: April 2 higher 2.94, June 2% higher 2.89%, Oct. 7% higher 2.71, Dec. 7 higher 2.61%. Oats: May unchanged 85%, July, Oct., Dec. not open. Barley: May % lower 1.32%, July, Oct., Dec. not open. Rye: May % lower 1.15%, July unchanged 1.08%, Oct % higher 1.08%, Dec. not open. Prices Monday for class two wheat for export to countries outside IGA: 1 Nor 1.80%; 2 1.78%; 3 1.74%; 4 1.71%; 1 Durum 1.79; 2 1.76; 3 1.67%; 4 1.62 %; IGA prices: 1 Nor 1.80%; 2 .78%; 3 1.74%; 4 1.71%; 1 Durum 1.79; 2 1.76; 3 1.67%; 4 1.62%. Grain quotes Monday (basis Lakehead): High Low Close Flax May 257% 256 256 Jly 256% 255% 255% Oct 259 257% 257% Nov 255% Rapeseed Vancouver Mar 316% 309% 309V4 May 293% 291 291% Jly 285% 281% 284% Sep 264% Rapeseed Thunder Bav Apr 292% 292 "292 Jun 287 286 287 Oct 263% Dec 254% Oats May 85% Jly 84% Oct 85% Dec 85 Barley May 133 132% 133 Jly 130 129% 130 Oct 122% Dec 122% Rye May 115% 113% 151% Jly 108% 107 108% Oct 108% 107% 108V* Dec 110 Lethbridge Livestock (Supplied by Canada Department of Agriculture) On offer to 11:00 a.m. 140 cattle. Receipts mostly slaughter steers and heifers, cattle market active. Good and choice butcher steers meeting good demand at strong prices with odd dales to 32.10. Good to low choice butcher heifers also met good demand at steady rates. The few cows on offer selling generally steady. Bulls steady. Medium and good heavy feeders steers selling at steady rates. Choice steers 31.50 to 32; good 30.25 to 31.25; medium 28 to 29.75; low choice heifers 29 to 29.40; good 28.25 to 28.75. Good cows 20 to 21; medium 18.50 to 19.50; canners and cutters 15 to 17.50; good bulls 23.50 to 24.50. Good heavy feeder steers over 900 lbs. 30.50 to 32; medium 28 .to 30. Butcher hogs sold Monday f.o.b. Lethbridge 20.35 to 20.50 base price. Monday's sales 1,260 hogs. All classes of weaner and feeder hogs met good demand. Weaners sold strong to $1 higher; light feeders under 100 lbs. around $1 higher; heavy feed- ers over 100 lbs. generally steady. Weaners 6 to 13; light feeders under 100 lbs. 12 to 17.75; heavy feeders 100 to 130 lbs. 20 to 21.75;' heavy feeders over 130 lbs. 22 to 25. All prices per head. Calgary Livestock NOT AVAILABLE AT PRESS TIME TODAY Tuesday, March 16, 1971 - THE* LETHBMDOE HIRAID -Tfl Toronto mines, industrials � Supplied by Richardson Securities of Canada France, Russia sign agreement PARIS' (AP) - France and the Soviet Union signed an agreement today under which the Russians will enrich French uranium for a nuclear power reactor. The uranium will be sent to the Soviet Union at the beginning of 1973 and be enriched during the following year. It will be used as the first fuel charge of a 850-megawatt nuclear power reactor the French are building at Fessenheim on the Rhine River. The enriched uranium will be used only for civil purposes, it said. It was believed the contract is the first of its kind between a Communist nation and a West-em country. (11:00 �.m. Quotes) MINES Acme .06 Advocate Aib. 2.35 Area Mines 1.70 Black Bay MVi Bralorne 2.35 Broulan .26 Bethlehem 16.50 Brunswick 5.55 Canada Tung. 2.45 Cassiar 23.00 Central Pat. 2.26 Chlmo 1.49 Conwesf 9.75 Cons. Rambler 2.62 Coin Lake .14 Cochenour .43V4 Cralgmont 8.80 Dickenson Mines 1.43 Denlson Mines. 28.00 Deer Horn .06 D'Eldona .87 Dome Mines 65.00 Donalds .HVi Discovery Mines 1.12 East Malartlc l.io East Sullivan 3.75 Palconbrldge 142.00 Frobex .27 First Maritime* 1.35 Giant Y.K. 10.121/a Bovis 2.15 Granduc 7.65 Headway R.L. 10.00 Holllnger 38.00 Hudson Bay MS 23.62'/2 Hydra Ex. .26 Highland Bell 3.25 Iron Bay 3.50 Iso 1.70 Jollet Quebec .21 Kerr Addison 10.00 Key Anacon .41 Labrador M.62V4 Lake shore 3.05 Leifch 1.67 Langls Silver .12 Madsen R.L. .75 Malartlc GF.. .85 Martin McNeely 10.00 Maybrun .18 Maclntyra 130.00 Meta .14 Mldrtm .29 Intern Mogul 11.50 New Athona .15 New Calumet .26 New Imperial 1.45 Noranda 34.75 LAST BID OR SALE (11:00 a.m. Quotes) (11:00 a.m. QuotM) Northgate Opemlska Oslsko Patlno Pine Point Placer Dev. P.C. Exp. Quebec Man Rayrock Radiore Rio Algom Rothman Corp Sllverflelds Sherritt Gordon Silver Miller Steep Rock Slscoe Tek Corp. Texmont Upper Canada Western Mines Wright Har. Wlllroy Windfall Yellowknlfe Br. Zenmac 9.90 12.12'/i .42 23.75 29.00 35.00 1.18 .18 1.68 .35'/a 19.00 7.00 1.96 19.87'/* .07 2.55 1.76 6.15 .74 1.87 3.90 1.22 1.13 .13 5.60 .12 INDUSTRIALS Abltlbl Alcan Algoma Steel Atco Ind. Atlantic Sugar Bell Tel. Brazilian Trac. B.C. Tel. Burns B.C. Forest B.C. Sugar CAE Ind. Cdn. Breweries Chemcell Col. Cellulose Calgary Power Coronation C. W. N. Gas Cdn. Indusiries Canada S. S. Cdn. Marconi Cdn. Vickers Chrysler C.P.R. Cominco Cons. Bathursl Cons. Gas Dist. Seagrams Dom. Bridge Domtar Dom. Textile 7.00 24.00 15.50 8.00 7.50 48.87'/* 17.12VJ 64.00 11.75 24.00 18.37'/j 4.55 7.62'/2 4.70 5.75 27.25 1.50 11.75 13.25 31.75 3.50 10.00 27.00 68.00 22.75 9.62'/a 20.00 53.25 22.00 14.87'/j 15.00 Dom. Stores Dome Pete Dofasco Famous Play. Ford of Amerl. Great Cdn. Oil General Motora Great Lakes Gulf Oil Cda. Greyhound Hawker Sid. Huron and Erla Hiram Walker Imperial Oil Imperial Too. Int. Nickel Int. Pipe Inv Group A Int. Utilities Indust. Accept. Laurentlde Kelly Doug A Loeb Loblaw "A" Metropolitan Massey Ferg. McMillan Bloa. Moore Corp. Molsons "A' Molsons "B" N and C Pembina Plpa Power Corp. Price Co. Rothmans St. Lawrence Shell CDA Simpson's Simpsons Seara Steel of Can. Selkirk "A" Texaco Traders "A" Trans. Mtn. Trans Can. Union Gas Union Oil Versatile Mfg. Westeel Union Carblda Weston's "B" Woodward's West. Cdn. Zenith Elec. BANKS Can. Imperial Monlreal Nova Scotia Royal Toronto-Dom. 11.11 6.75 J4.7S �.7S 13.00 6.15 3.7S 1�.00 ai.75 14.25 2.45 Jl .25 37.00 20.25 17.75 45.50 27.50 8.62 44.12Vt 17.75 7.75 5.SO S.9S 5.25 37.00 10.87