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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 22, 1972, Lethbridge, Alberta Miscellaneous quotations Vancouver, Calgary, (Supplied by Dohcrl.v, Montreal liM Limited) Business Spotlight West oil stocks sharply higher 7.00 [11 :OD n.m. WESTERN OILS Alrrnncx 5 t AHa FaM Ga Ashland BF> Oil Gal ran Soum Cdn Ex Gas 5 !0 P.W 3.BO LAST BID OK SALE a.m. Quotes! Husky Oil 16.59 J Husky Oil B Husky Oil War inter Prov Pipe i inlcr Prcv Steel Car financin _ Wednesday, Mtmh 11, 1972 IHt ItTIIBKIDGE HERMfi 23 its shrink Res Sa'ndw TORONTO (CP) Western oil issues on Ihe Toronto stock market climbed .sharply higher while prices in other major sec- tors drifted lower in slow mid- morning trading today. Grain prices Winnipeg Grain j WINNIPEG (CP) Export- cr buying on a scale down pattern pushed rapcsecd prices os much as cents lower oL mid session on the Winnipeg Grain Exchange today. That commodi ty had only li mitod support moving steadily lower in the deferred months. Fl ax prices move ci down slightly on heavy hedge selling with some local and commis- sion interest. Other commodities were quiet. Volum ne o f trade Tuesd ay was bushels of flax, of rapeseed and Gt Plains GJ Cdn Oil l.ochiel Norlh Ccln 01 Prfrcl PinnaLl- Place Gas The industrial index was down .19 to 199.01, golds 1.43 to 176.9J and base metals .32 to 97.47. Western oils were up 2.19 t o 222.79. Volume by 11 a.m. was shar c s, down from al the same time Tues- day. Declines outnumbered ad- 124 lo 39 with 172 issues i unchanged. j Among wesicrn oil issues, Aquitaine was up to Can- ada Southern Pete 30 cents to j Aquatajne Canadian Superior Oil to nrinco and Ranger Vs to Beverage, merchandising, real estate, general manufactur- ing and oil refining issues recorded broad declines. Chemi- cal, communication, food proc- Tclcdynp 59 Cdn Seed 10 While YuV.cn in CO V.'esirie'H 3S a CALGARY co 14.75 V '3 3.70 ji'eo 4.'0 .'..91 n N W Temp Uniltd i TORONTO (CP) The Dealers, in addition to Ihe the cliffcrenti.nl but we have J rates and maintain rustomrr Profits tar dealers once I profits on the sale of the car, sorbud the largest said loyalty i'.w on Ihc financing of new- once benefited from Ihe .Mr. KtlgiH1. "If they In atinicl the purchases arc shrinking between the interest John Amardeil. of Ford Motor right kind nf pcoph: to their rapidly and lu some instances j rule paid by the purchaser and Credit Co., said most dc-'i'ers they cliargc IR so? disappearing altogether. Ihc rate charged by the finaii- have had a change of attitude. or 17 per rcnl. f'rrople are MO 8.02 VANCOUVER MINES i.75 17 35 17.7.5 1.03 .60 16 421 ;ns Oil PIPE LINE MOCKS 123'! The main reason is the in cia! firm. Bui with the neu roads banks have made in nv lower rales, it is the car dealer cent years in the field of con- j who must give up most of his fi- ,sumer loans. i naneing profits. Where car dealers once Rod Edgar, genera! manager "They'd rnlher charge lower snuirl i charged as much as IG-pcr-cenl [interest on time payments, of Addison on Hay Ltd., said the remaining "spread" of less l .14 banks now offer customers an i PJJ per cent leaves little profit i o inland Na1 Ga N and C Gsi N anti C Gas i Par Gas Gaz Gns Metro A Trans Cda B Cdd 1387' 7B.CO J.I J1 Holly Vsrdcn Dynasty 1 Tort Reliance Glanl Mascot Standard S interest of about 12 per cent. Th B new rales mean a cu s j tomer who pays for a car three years saves about in interest charges. Car dealers, faced with the in- after paperwork and oilier ex- penses have been covered. Addison, which charges cus- tomers interest on new-car purchases, gets its money from General Motors Ac- ceptance Corp. at per cent, i ViiLley Copptr WC R C5 INDUSTRIALS Cyqnu; Falcon essing, industrial mining and pipeline issues edged fraction- ally higher. Power Corp. dropped to Koffler Stores lz to Sllllz, Dome Mines 1 to Petrofina to Massey-Ferguson j to SISta and Texas Gulf Sulphur to SIS'z. i Scottish and York Holdings; Hud Cay Co Hud Bay Oil Hud Gay Oil Pfd Huqh Russell Cda War V.T Trans 39.75 Trans WH 10.SO MUTUAL FUNDS AH cdn Com B.5S 9.3. Cdn Divid 9.33 BlocK brcs 10.50 All Cdn Ven1 4.fjt 42? B.C. Sugar 3 33.37VV Arnr Gr f- UK 7.35 B.C. Sugar Pfd 1 74.IS AGF Spcoal 3.3i Cap! Inter 38.00 Cdn Irwe-J F -i.M S.JB Crestbrook F Ind 6 Inter Interior Brew Cmnw J.23 Inlcr 15 ?7 Corn Inves! MO f Key Indust 3i'S) Corp In 51 F S.2J 5.7J Pacific W Air M.37V1 Dreyfus F U.S. 13.16 Stampede Intl Res 16.75 Gr In i.M 4.4? OILS Al [0 Gr Fnui'y 7-37 S.O? Albany Oil Invest Gr F 17.15 13.38 Pioins Pete 1725 Invest Mulual 5.80 6.3-1 West Toronto mines, industrials (Supplied By Richardson Securities ol Canada) LAST BTH OR SALE 1 creasing bank competition, have j The company previously [slashed their rales lo a covnpeti- charged customers pt'r live level. A number of Toronto j cent and charged 12.J> pur [dealers arc advertising interest i cent by GMAC. j rates of 12 per cent or lower on "Under the new plan new-ear purchases. have absorbed soine of Quota system proposed for Hong Kong students QU01e: MWES Rapeseed unchanged June lower Sep. 2 lower Nov. Hi lower Rapcsecd Thunder nay: May 2is lower July 2Vi low- er 2.42K: Oct. Vz lower 2.40A; Nov. unchanEcd 2.48A. Oats: May Vs higher July uncliaiiged Oct. un- changed 70. Barley: May unchanged July unchanged l.DOViA; Oct. not open. Rye: May unchanged 1.01 .luly unchanged GPs; Oct. lower WINNIPEG (CP) Grain quotes Tuesday (basis Lake- High Close Flax Way 2SS 283 28814 llapesncil Vancouver Mar 263 264s s Jun 259'i Sop 257'i 254'i Nov 2511'i 250U Rapeseed Thunder Bay May 249 250? i .My 246 244'M Oct 24S'.i Nov 248 Oats May 68 Jly Oct 70 Barley May 109U 109's lOSVi Jly OcL Hye May 101's Jly OD's SB's Oct lOO'H 101 ?35. Bank of Nova Scotia to 35tt, Slierritl to Bell a (o and Inco to MONTREAL (CP) Prices dipped in all sectors but utilities in light morning trading on the Montreal stock market today. Industrials lost .26 to 201.33, hanks .13 to 255.73, the compos- ite .19 to 202.20 and papers .32 j to 87.95. Utilities rose .04 lo 104.03. C o in 1) hied volume on the Montreal and Canadian stock exchanges was shares, compared with at the same time Tuesday. Texaco Canada lost ?i to Massey Ferguson [o Ultramar lo Power Corp. to SlOVi, and Steel Co. of Canada W to Dome Petroleum rose to Woodward Stores 'i to Bank of Nova Scotia to S35fs and Canadian Interim- tionil Power to NEW YORK (AP) Profit taking continued to chip away at stock market prices today in moderate trading. The noon Dow Jones average of 30 industrials was off 2.11 at 931.89. Declines on Ihe New York Stock Exchange led ad- vances by a narrow margin. Among C an a d i a n s, Dome Mines advanced Vt to Dis- tillers Seagrams at all de- clined Cochencur Craiqrnont DicKenson Wine Denlscn Wines DeeJ- Hern D'EleJcna 1 .in Rio Alsom 19.75 Roman Ccrp 1 v. Sherrill 1 1 21 Silver 775 Sleep Rock let Corn. .lOVi Tpxmon! Canada 9 CO Minoi Hargreaves Wlllroy .04 YelloivknUe 6700 INDUSTRIALS AbHitil '11-00 Osfasco f.t Cdn Oil Gen Walors Gl Lillys f Cull Oil Cda i Greynnunrt HawKer Sir! EDMONTON (CP) A Alherla lo "gel more of these cjuota should he applied to curl) students than our rightful. I "ar. inordinately high'1 influx of share.'1 (Chinese students from Hong! estimate was that ir. lo Kong to the University of Al-! 20 per cent of the (acuity's I bcrta, says a report made to h 500 undergraduate and prad- !thc executive committee of students come fron j university's general faculties j Kong. The university had a council. dramatic increase in stndenls Dr. George ford, dean of the j from Kong last fall to last 21 years CLAtlAKY I'CPi Omnilii's trolcuni rcsL-rvtis of liquid petroleum meet in-; v.ill last another 21 yours ni 1971 nt1.es of production. I hi1 only br i'elroleum Association proper inienlivcs ot mar says, anil pjkus. The association estimated HIP country's reserves of crude nil and natural gas liquids al the enci of 1971 were n.fl billion barrels, down 403 million bar- rels from the previous t" The 21-year life figure does 111 not consider potential adciimina to reserves through new discov- eries or improved recovery techniques. i Remaining re.serves of na- ior Dealh loll up lural were estn trillion cubic feet, a trillion cubic fee The estimates did not include OLIVER. B.C. J3.SO ?soo 31. 11', 'a S 00 10.7S IS. CM their young people to seek edu- cation elsewhere." OPEN-DOOR POLICY Dr. Ford said stringent regu- lations al Ihe Universities of b Manitoba, Saskatchewan and 1 cidetl lo submit Dr. I-orri s TCC- BritLsh Columbia, combined I ommcndalions lo n full meeting vvilh an open-door policy in Al- of the general faculties coun- berta, caused the University of 1 cil. and Iiis 35-ypar-old Bcu- lali. hotli of Calgary. The third victim. Elsie May Hainel. 31, of Alia., anci Leader. Sask., died in hos- pital Monday night. Sbc had previously been identified ;JF. Klsie Orcutt of Calgary and was reported suffering from undetermined injuries. Allan Orcutt of Calgary, the fourth person in the truck cab, was reported in satisfactory I condition in hospital. NW INVESTMENTS LTD. NW EQUITY FUND LTD. NW GROWTH FUND ITD. NW FINANCIAL FUND LTD. For a confidential discussion cnll or writs DICK BATEWAN, 609 10 St. S., Lethbriclgo Ph. 327-5137 SIMPSONS-SEARS CORRECTION In our ad of Tuesday, March 21st the item MOTOR OIL SHOULD HAVE READ Instead of 55c ns appeared ore lorry for any inconvenience caused New York stocks (Supplied By Richardson Securities of Amr T and T Sears IB tiV.'i 51 d Oil