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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 22, 1971, Lethbridge, Alberta MarcJi 1971 THS UTHMIDGI HIRA10 IS Fractional hike in stock prices TORONTO CP The To ronto stock market was mixed to fractionally higher in moder ate midmorning trading On industrials were up to 183 Golds lost to base metals to and western oils to Volume by 11 was down from at the same time Gains edged out losses 114 to 106 with 183 issues Strongest sectors were con merchandising and real Calgary Power was up to Royal Trust Vt to Shell Canada Vt to Texaco V4 to Mattagami to and Opemiska to Pacific Copper rose five cenl to Dynasty five cents to Pan Ocean to Houston Oil five cents to and Mill City five cents to Home A lost to Inter national Utilities to CPR to Lake Dufault Vt to Hudson Bay Muling Vs to Northgate 10 cents to and Canadian Home stead 10 cents to LIGHT TRADE MONTREAL CP Prices were lower in most sectors in light trading on the Montreal stock market On industrials dropped to utilities gained to banks were up to the composite was down to and papers were off to By 11 shares Highlighting National Drug was up i to Calgary Power to Cockficld Brown to Consumer Glass to Cummings Properties to and Newfoundland Light to Among declining Banque Canadienne Nationale was off to Pacific Petro leum to and Trans Canada PipeLines to Down i each were Imperial Oi at Dominion Textile at Noranda at and Do minion Bridge at MARKET DIPS NEW YORK AP The stock market drifted lower in fairly active trading Wall Street analysts said the market appeared to be contimi ing the readjustment that go under way in the middle of las week after sharp rises in the first two sessions of the The noon Dow Jones average of 30 industrials was off to Among Canadian Mc Intyre Porcupine rose 2 points to and Dome Mines to Hudson Bay Mining and Massey Ferguson were off at and On the American Stock Ex Scurry Rainbow Oil lost Vi at Canadian Marconi and Brascan were up Vs at and Miscellaneous quotations Montreal Toronto industrials Livestock report Supplied by Rlchardioo Securities of Canada V Wit WWW Wl f j f Supplied by Kosdbouse and McCuaig LAST BID OR BID OR SALE a Quottsl Livestock AFTERNOON feeder steers more than 750 pounds 30 to 32 50 with jght kinds to Hogs base prico to CO euotesi a BuoMl M Pallno Pine Dofaico 5SOO p 3050 Placer CP On WESTERN OILS Husky Oil Cmnw Lev J 1 70 East Gas 460 Husky Oil B gJJ p Jg J Almlntx a War t w F y 13 74 sT on Ls inter Pro Gr Eflulty 40 Can 520 intUtllPH I 11 10 1 Area Black Bay Bralorna Broulan P 3 20 Rio Algom Roman Corp 16 62A sherritt 20 Gt Cdn Oil Gen Gt Lakes Pap 19g Gulf Oil Cdt T 9fJ Greyhound 20 37 A Hawker 8400 18 62 Vi 1425 11 about 100 head tactically all mixed grades of Trade was No slaughter steers or heifers offered cows were action on Jack Cdn 810 Jeff Laka 1175 JJulual 538 Silver with last weeks Cdn Home Pld 17 00 744 813 Cdn ton 1 Kalser N wFl w 5 K Cdn Superior 3oo Kam Kotli 1 JO is Cent Del Rio 12 62rt Kam Kotia 1 10 ur r Tung Casslar Central Pat Con Steep RocK 22 75 Slscoe 2 50 Tek 1 46 Texmont upper Hiram Walk 615 Imperial Oil Imperial Tob Int 2075 1750 45 a few bulls were Good slaughter cows to medium to interest Charter 650 MGF 205 560 western int and cutters 18 to IUO Lake Wright 41 Int 87 44 bulls 24 to 25 CP Henry Totalpde RankSrgan 1950 VANCOUVER Great Plains 3350 Selkirk Hold 1200 Anuk Lochiel Shell Canada 3475 Arctic Mining Mill City 1 68 Shell Inv Pfd 35 00 Atlas Explor Dickenson Mines Denlson Mines Deer 1C1 indust Accent l 35 5 60 Zenmac 11 A W INDUSTRIALS 75 850 525 cattle were mostly medium and quality steers with a few good blamed his actions on lack of interest when he appeared in provin New Cont Shell Inv Wts 1475 Beth Copper 16j72 North Cdn OH 7 50 Sicks Rainier 3 3TO Block Bros 4 55 Numac Teledyne 625 Brenda 850 permo West Cdn sd 390 sugar be rol 1 33 White and Yuk 15 25 B Sugar Pld 15 Algoma Steel 1 10 Alco Ind 370 Allan Massey Ferg 762ii Moore 36 CO 11 00 25 34 selling in line with Fridays No stock or slaughter calves He said he was Irked when he discovered there was no interest owing him Pinnacle M CALOARY Capt Inter 6 62r P ace Gas 1 39 Acroll Churchill Copper 1 60 Ponder Anac Col Cellulose 575 Ranger 14 Barons Oil OB4 coronation Credit 150 Scurry Rain 25 62V4 North Cont 02 Creslbrook F Ind 700 Spooner Plains Pete Croyden bridge Frobex First Marltlmes Giant Bovis Bell Tel 26 Brazil Tratt BC Tel 10 25 Burns 2 30 B Forest 7 2S 8 Molsons A Molsons B 63 50 Cent Pemblna Pp 24 37A Power Corp 1775 Price 00 1637A 1650 3000 495 earnings By TIIE CANADIAN he closed out his 85cent bank So ha heaved a adding machine through a West Decalta West Warner Dynasty in MISCELLANEOUS Fort Reliance 41 INDUSTRIALS PIPELINE STOCKS Granhle 11 IS Agra Ind 8 25 Alta Gas Tr L A Key Indust Atco Irdus 7 Alta Gas Tr L Pfd 75 00 Growers B 350 Aquataine 2512 Alta Nat Gas 2500 Bathurst Holllnger Hudson Bay MS Hydra Ex Highland Bell iron CAE Ind 3850 Cdn Brew 23 87A Chemcell Col Cellulose 3 25 cal Power 365 coron Credit 1 65 c N JO Roth mans 7 50 St Law Corp 465 Shell CDA Simpsons 27 75 Simp Sears 50 Steel of Can 11 00 Selkirk 00 1900 3475 1925 2425 27 and Pitfield Foods 40 weeks ended 9 cents a 23 3 was placed on probation for two years and ordered to pay for the damage caused at the Brit Nfld Corp 5 50 cdn W Nat Gas Hys Cdn Brew A Inland Nat Gas 1300 Interior Brew Quebec Kerr Cdn Indust 9 15 Canada S 6lVi Texaco Traders Gp Cdn Brew B N and C 14 50 Jericho 14A Cdn Hyd Carb 17 50 u and C B Pfd Kamloops Copper 12 Cdn Pec Inv 24 75 pacific Gas Tr 14 00 Lornex 8 50 CPR Pfd 9 42A Gaz Metro Lytton Mineral 2 28 crowsnest Ind 2aoo Gas Metro Ptd A 4275 New Cronln Anacon Labrador Lake Shore Cdn Vickers 35 dri Marconi Con Vickers 1 W Trans Mtn Pp a 50 Trans Can Pp Union Gas 2BOO Union 3 87V 1550 42 York Cygnus A 500 Tr Cdn P 3375 New Imp Mines Cygnus B 7 00 Tr Cdn P Pfd 43 75 Okanagsn Hellcop 4 R G CPR 81 8 2325 Union by Securities ot Cum Prop 1750 Tr Cdn P Pfd A 6250 prtmtr 16 Gt Cdn Oil Sds 6 10 Tr Cdn P War r M Gt Cdn Oil SdS 10000 WC Tr 2425 Pyramid JO Home Oil A Western Pacltlc 4 75 Stiver Standard 1 67 Home Oil B 27 12 Texmont McNeely Maybrun Maclntyrft Meta JJ Cons Bath m25 Cons Gas 14 Dlst Sea Dom 75 Westons B 196iA Woodwards A West Cdn SD i1 Zenllh Elec 22 50 2087 390 T and T Montgomery ward 3 50 JO Golds ofi 1 1 Anaconds 5 Sears 85 10 Base Met 9S 06 oil 30 Beth Meel 22 75 Sid Oil ot N 76 i 15 W JJ9 03 off cnrysler 27 Vfh Texas Gulf 121 37 s Volume Comsat 7000 Texas Co 3637iNEW YORK Horne and Pit 205 CdnCom Can Hud Bay Co 1775 All Cdn Divid 905 9 89 Western Mines t Hud Rav OH JJ DO All cdr 3 90 WCStcoast Res 39 DOTI Nova 30 37A U Steel 33B7i20 Rails 201 129 off HUd bay on F Harvester 2975 TORONTO AVERAGES 15 Utilities off Hud Bay Oil invest F IS Jjl w Dome kenn Copper 3B 12 2D Indust 18376 off 06 65 Slocks 2 40 oif Grain price review Winnipeg Grain WINNIPEG CP Most commodities continued on eas ier price patterns at midses sion today on the Winnipeg Grain Apartment permits The two largest building per mits issued at city hall in the week ending March 19 were for two 32 suite apartments in East B and H Homes of Calgary took out two permits for the two apartment blocks on Ashgrove The 64 units comprise the second half of a 128suite A permit was issued to Henry Hardy Construction for renovations to the Profes sional Building at 740 4th The formerly oc cupied by Simpsons will be taken over by the Royal Trust Kenwood Engineering Con struction took out a 008 permit for foundation work for the new Aqua Tech acti vated carbon 3719 2nd There were also eight per mits for single family resi ranging in value from to Three of the permits were for factoryfabri cated units erected by Squire Rye showed some strength on little exporter buying but all other commodities had a light of Fridays volume of trade was bushels of of rye and of rape Midsession prices Flax May Vs lower July lower ower 2 not Rapessed Vancouver March 1 lower May 2 lower July lower 1 ower Rapeseed Thunder Bay April not June 2A lower not Oats May unchanged not Barley May Vs lower not Rye May Vs higher July unchanged lower not Notley brands new grants Hog prices EDMONTON CP Prices to 11 provided by the Al berta Hog Producers Market ing Board Edmonton Quoted to selling 19 average Fri day Calgary Quoted to selling average Fri day Red Deer Quoted to selling average Fri day Lethbridge No Aver age Friday Toatl hogs sold Friday average Dollar Value MONTREAL CP dol lar in terms of Canadian funds down 132 at 00 Pound sterling rtown i at NEW YORK CP Cana dian dollar unchanged at in Icrms of U Pound sterling up 132 at clumsy move EDMONTON CP Gran provincial New Dem ocratic Party says the governments announced crease in the homeowne grants was a clumsy politica move and Albertans will not misled bythe obvious am amateurish Notley said the an increasing the re bate to from if noth ing else shows there prohabl will be an election this The provincial NDP leade said that in effect the prov incs was simply giving bac portion of the money it is forcing municipalities to take with the By freezing the municipal share of oil and natural gas royalties at million and the restrictive nttitude toward hos pital and education the mill rates throughout the prov ince are going to No doubt the government hopes the public will blame municipal leaders for the tax hike but will credit provincial leaders for the homeowner Notley said an overhaul of provincial municipal fi nancing is needed with the province assuming the entire cost of education from taxes clearly related to the ability lo pay rather than the propcry tax Notley said the home owncr grants discriminate against the many thousands of Albertans who are However in the case of se nior citizens who receive under ihe homeowner a better approach would have been to give them an income supplement regardless of whether they own property or FRED KING SELL THEM AT WHOLESALE and that is how these cars are priced genuine wholesale prices compare them with any other advertised prices these specials apply only until Satur March 27th and will not be 1971 DEMONSTRATORS 121 1971 IMPERIAL LE BARON 4DOOR HARDTOP fully equipped including air tioning and AMFM search tune Original price NOW MILEAGE condi 8145 122 1971 MONACO 4DOOR HARDTOP 383 automatic power steering and rear vinyl rear window Original pries NOW MILEAGE auiomoTic 123 1971 POLARA CUSTOM SEDAN 383 automatic power and light bumper Original price NOW MltEAGE ower steering ana 4068 119 1971 POLARA 2DOOR HARDTOP 360 automatic power steering and vinyl radio with rear seat Original price NOW MILEAGE automatic S4025 16 197T CORONET BROUGHAM 4DOOR SEDAN 383 automatic power steering and vinyl bumper Original price NOW MILEAGE 114 1971 CORONET CUSTOM 4DOOR SEDAN 318 power steering and light Original price NOW MILEAGE 840 automatic 3680 131 1971 CORONET DELUXE 4DOOR SEDAN 318 automatic power light rear Original price NOW MILEAGE 782 automatic 3491 132 1971 CHRYSLER NEWPORT CUSTOM HARDTOP 383 1 automatic jiower steering and vinyl rear Original price NOW MILEAGE atic power 4558 128 1971 DART DEMON 340 2DOOR COUPE 340 automatic transmit power steering and bucket seats and vinyl Original price MILEAGE utomatic Transmis ALL MAKES AND MODELS IN USED CARS U328A 1970 POLARA CUSTOM 4DOOR SEDAN V8 automatic power steering and NOW ONLY U329A 1970 CHALLENGER 2DOOR HARDTOP 340 auto matic power vinyl NOW ONLY 3450 U306A 1969 MONACO 4DOOR HARDTOP 383 V8 automatic power power NOW ONLY 2150 1966 88 SEDAN V8 automatic trans power power NOW ONLY 1030 V315B 1965 FORD GALAXIE 5004 HARDTOP 510 V8 automatic power power NOW ONLY 1033 A 1968 POLARA 4DOOR SEDAN 383 4 carb automatic NOW ONLY 1375 U2BSA 4DOOR SEDAN V8 automatic NOW ONLY 1968 PLYMOUTH FURY 1 1350 I65A 1967 CHRYSLER NEWPORT CUSTOM power steering I rt 4DOOR HARDTOP V8 motoi and NOW I30A 1966 CHRYSLER 300 4DOOR HARDTOP V8 automolic oower brakes and power NOW 1027B 1270 1964 BUICK 4 SEDAN V8 automatic power and power power NOW ONLY 870 1086A 1966 CHRYSLER 300 4DOOR HARDTOP V8 power steenr and NOW ONLY 1195 05A 1966 POLARA 440 2DOOR HARDTOP V8 automolic trans power steering and NOW ONLY 1095 113 A 1966 FORD FAIRLANE 500 SEDAN 955 V8 automatic NOW IO55B 1965 CHRYSLER 300 4DOOR SEDAN V8 automatic power steering and NOW 1030 Plus a selection of older models at giveaway prices FRED KING MOTOR COMPANY KINGS 3rd and llth Street Phone 3271566 ;