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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 27, 1972, Lethbridge, Alberta Moicti 27, 1972 _ THE LETH8RICGE HtRAlD 15 West oil stocks up fractionally TORONTO (CP) Western oil issues on the Toronto stock market crept fractionally higher while prices in most oilier major sectors dropped lower in light ra i ci -m o r n i n g trading today. Tiie industrial index was off .01 to 139.59, golds .24 lo 176.43, and base metals .33 to 97.66. Western oils were up .18 to 225.66. Volume by 11 a.m. was shares, compared with at the same time Friday. Advances, however held a slim lead over declines, 126 to 110 with 188 issues unchanged. Banking, communication, food processing, paper anil forest, steel and general manufactur- ing stocks were among 13 of the industrial index's 17 sub-groups which moved lower. Chemical, industrial mining, pipeline and merchandising stocks edged fractionally higher. Among oils, Numsc was up !i lo Pan Ocean la to Canadian Superior Oil Vi (o and Imperial Oil Vi 533-li Laidlaw Motorways fell lo Stclcb to S303'i, Thom- son Newspapers VI to ii, Gold Crest Vi to Giant Mascot 15 cents lo and Charter Oil 20 cents to CP Ltd. was oft >.s lo Hudson's Bay Oil and Gas Vi to Mattagami Vt lo Labrador Mining Vi to am: Eank of Montreal to Simpsons-Scars tip rri lo -U to Texaco to Inco Vt to Western Mines 15 cenls to and Shell Vi PRICES HIGHER MONTREAL higher in all sectors ex- cept utilities in light trading on the Montreal stock market today. Industrials gained .74 to 205.48, banks .11 to 25-1.74, the composite .49 to 202.90 and pa- pers .38 (o 84.75. Utilities fell .20 0 164.01. Combined volume on the Montreal and Canadian stock exchanges was shares compared with at the same time Friday. Denisan Mines was up 'A lo Alcan to Imperial Oil to S333J sr.d Texaco Can- ada Vi-to Hollinger Mines was off lo International Utilities ?i to Canadian Hydrocarbons Ltd. 'A to SlHi, Laidlaw Motor- ways Ltd. Vi to and Weld- wood of Can. Ltd. 'A lo SLOW THADK NEW YORK CAP) Oils ami electronics led a decline slock market prices loday in slow trading. The noon Dow Jones average of 30 induslrial stocks was down 3.0t lo 939.27. Declines outpaced advances by more Umn 3 lo 2 among is- sues traded on the New York Stock Exchange. Among Canadians, Mclnlyre Porcupine advanced lo Dome Mines was up to and Alcan was up lo On the American Stock Ex- change, Brascan Ltd. advanced la to and Preston was up Vi lo Noon Amex prices included Amerada Hess warrants, off at LTV Aerospace, up to Venice Industries, down ?s at Frontier Airlines, up 3.a at SlOVi; Drew Naliona! down Vi at Sll'k; Synlex, down to Treadway Co., up li at and Ozark Airlines up lo Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Dohcrly, McCunig Limited) LAST BID OK SALE a.m. (Juolest a.m. Husky Oil 17.25 Invesl Mutual Husky Oil R 47.00 Mutual Ac Husky Oil War PiCP a.m. Quotes) WESTERN OILS All Alia East Gai Asamcra Ashland DP Oil G.15 Can South Cdn Ex Cdn Hgmcslrf Cdn Ind Gas Oil Cdrc Super Cdn Long I; Charter ChleJfan Dome Pijle Gl Plains G1 Cdn OH Lothlel Norlh Cdn Oil Ku m a e Pancdn Pt1e Pan Ocean Petrol Pinnacle Place Gai Ponder Ranger Scurry Rarn Vr1, 5.S5 7.OS 17 75 1J.M Quolas) 584 6.41 Prov Srct-l 15.00 9.13 3.90 CHRIS JACOBSON George Hopkins, General Manager of the Alberta Live- stock Co-Operative an- nounces the appointment of Chris Jacobscn as Manager of fha Calgary Division of the Alberta Livestock Co-Operative Limited. Malta chief signs pact with U.K. LONDON (AT) Prinv Minister Dom Minloff of Malt; sigjied a 526 million pact wit! BrUam Sunday, ending si: months of bargaining to his Mediterranean island in tb Western defence network. The agreement, under wine! Britain will have use of the is land's air and naval bases fo the next seven years, was ini ti ailed by Minloff and Lor British defence sec rctary, only five days befor Mintoff's deadline for the wilt drawal of British troops frc Malta. Malta will get million year in rent for the bases million from Britain an the rest from its North Allan lie Treaty Organization aliie who beefed up Britain's offe when London refused lo mee Mintoff'd demands. TESTS WILL RESUME PAPEETE, Tahiti (Reuler France will resume its serie of nuclear tests in Uie Pacifi some time afler June 1, author itative sources say here. COLLEGE BOARDS OF GOVERNORS James L, Foster, Minister of Advanced Education, re- quests nominations for the appointment of persons to serve on the boards of governors of the AfberJa public colleges. The following are Ihe colleges and Ihti number of vacancies at each. 1. Grant MacEwan Community College (Edmonton) 2 Vacancies 2. Lethbridge Community College 2 Vacancies 3. Medicine Hat College 1 Vff coney 4. Mount Royal College (Cafgary) 1 Vacancy 5. Red Deer College 1 Vacancy 6. Grande Prairie Regional College No Vacancies Nominations should provide pertinent informaJion con- cerning I he nominee's background and qualificaflons. Nominators should include iheir addresses. Appoinlmenls are normally for o three-year period" commencing July 1, 1972. Nominations should be for- warded, no Inter than April 8, to: DR. H. KOIESAR, Chairman Alberta Colleges Commission Suite 600, Devonian Building T1160 Jasper Avenue Edmonton, Alberta 5.f) Kaiser Re 7.60 MGF Maneg 3 60 Pacific P'cfe 8.15 Rainier 5 15 sandwcll 430 42.75 TpJcdync j-lhga1t Price Co Rolhmans St Law Corp Shell CDA 5irnp Sears Sfeel cl Can Selkirk A Texaco 8.Cfl Traders Gp A 5.37TA Trans Win Pp Trans Can Pp 35.i2V> Union Gas Unicn Oil Veriatlle Mfg Union Car W-s1on's B Woodward's A West Ctfn Sd Zcnilh Elcc BANKS Can Imperial 11.25 15 R 3.1B 1900 3V75 28.75 ;j.oo 9- 8 7V: 7.25 19.00 21X0 J1.25 23.25 3J.75 31.00 71.00 23.25 J2.00 14.25 A. SO 20.75 30. fO 27.00 5.75 275 20.121' 32.12V7 on foreign takeovers of; Janadinn corn panic's, Premier; Pfilcr said in the ley- A for 1 he govevn- menl's ]iosition was inaclo dur- ing the question period by Op- position Leader Harry Strom, noted the premier had spo- i out against such takeovers when tie was in opposition, Mr. Strom said he was speci- ficially interested in the pro- posed foreign takover of two Alberta firms White Stag Canada Ltd. of Edmonton and Diamond Laboratories Drug Co. of Calgary. Mr, Louf'hecd said he intends lo deal with (ho question dur- ing the course of debate "a more appropriate time to do _ vhen he will extend some of the views of the government. But, (he premier said, lie will deal with the matter in a "gen- eral way" and not present a definitive view because of two outstanding features. "One is the desirability before reacting or over-reacting lo this Important question, to have the benefit of the federal government's position. "Second, not to go so far with a statement as to prejudge the views" of a select committee of the legislature which will look into the question of for- eign ownership in the province. ion WELLINGTON'