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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 28, 1974, Lethbridge, Alberta Thursday, March LETHBRIDQE The Herald Business Stocks Miscellaneous Vancouver, Calgary. Montreal Midland Dougherty Limited Forced by sales slump WESTERN 7.00 AND 4.70 Afton 7.75 Albany Cdn Seed Proc 4.10 Alta East Win 1.38 Yukon 9.00 STOCKS Ashland Trk Line A 12.75 BP Trk Line 4% Pfd 63.25 Brenda Nat Gas 19.00 Cda Metro 6.37% Cdn Export Metro A Pfd 64.00 Cdn Nat Gas 9.50 Cdn Ind Cent Gas 11.75 Cdn Long Cent Gas B Pfd 23.00 Cdn Gas Trans 10.75 Chieftan Pipe 31.75 Dome Pipe A Pfd 58.25 Pipe B Pfd 37.50 Fort Pipe War 4.85 Giant Trans 22.50 Gibraltar Trans War 3.35 Great .71 Grt Cdn Oils .09 Lochiel Continental .02 Lytton Warner .40 Noble North Cdn Numac Exploratidns .30 PanCdn Norsemines 1.35 Pan 3.35 .77 Varden .37 Place Res. .13 8.50 Ranger Mines 3.70 Scurry .08 .11 Standard 2.44 Total Copper 8.25 Ulster United Brewing 2.65 West Industries .12 West 2.00 Petroleum .47 Pete. .19% Acres Ltd Explorations 1.00 Stampede Int'l. Res .77 BC Sugar C FUNDS Block Bros Cdn Pac Inv A Cdn Compound 6.49 7.06 All Cdn Dividend 6.81 7.40 Carling O'Keefe A Cdn Ventures 3.43 3.73 Carling O'Keefe B Growth Fund 4.68 5.14 Commerce Special 2.45 Crestbrook Invest Fund 5.02 5.50 Crowsnest Mutual 5.18 5.69 Falcon Inter 13.84 F M Leverage 3.29 Venture 6.02 Home Oil investors 6.38 7.01 Home Oil Invest St Fund 4.80 5.27 Hudson Bay Fund U.S. 10.68 11.70 Hudson Bay Pacific 4.69 5.13 Hud Bay Oil A Income Shares 3.06 3.37 Hugh Russell C Equity 7.43 8.16 Husky Frowth Fund 12.28 13.42 Husky OIL B Mutual 5.83 6.37 Husky Oil D Accum 6.10 6.70 Husky Oil E Growth Fund 3.13 3.44 Interprov Pipe Resources 4.94 5.43 Interprov S Cdn 5.52 6.07 Kaiser Growth 4.68 5.14 Kaiser Res Growth 4.53 4.97 Loblaw Co 2.40 C Mutual 7.52 8.22 6.90 7.18 Pacific Growth 7.84 8.59 Pac West Accum 4.58 5.03 Pe-Ben Oilfield Rainier Savings 7.98 8.78 Univest 5.82 6.39 Royal Trust '_' 6.20 6.79 Toronto industrials (Supplied by Richardson Securities of Canada) MINES Acme Advocate Asb. Akaitcho Bralorne Broulan Bethlehem Bovis Brunswick Can. NW Land Canada Tung. Cassiar Central Pat. Chimo Conwest Cons. Rambler Coin Lake Coctienour Craigmont Dickenson Mines Denison Mines D'Eldona Dome Mines Discovery Mines East Malartic East Sullivan Falconbridge Frobex First Maritimes Giant Y.K. Granduc Hollinger Hudson Bay Hydra Ex. Iron Bay ISO Joiiet Quebec Kerr Addison Key Anacon Labrador Lake Shore Langis Silver Madsen R.L. Malartic G.F. Martin McNeely Maclntyre Meta Midrim Intern Mogul Nu West Homes New Athona New Calumet Noranda Northgate Noriex Pine Point Placer Dev. Pax Exp, Quebec Man Rayrock Radiore Rio Algom Roman Corp. Snerritt Gordon Steep Rock Sunningdale Tefc Corp. A United Canso Western Mines WH Copper Mines Wright Hargreaves Wfflroy Windfall Bear Zenmac INDUSTRIALS Abttfci Alcan Algoma Steel AJcoJnd Jan nock Agra Ind Seiiiel Brascan A SC Tel Forest Sugar A Valley Ind Ind O'Keefe Cellulose Power Credit Gas Ind Marconi Vickers 2.95 CPR Bath Gas Seagrams Bridge Textile Stores Pete Mobile Cdn Oil Motors Lakes Paper Oil Sid Walker Erie Oil Nickel Pipe Grp A Intl Accept Douglas A tide A Ferg Bloed Corp. A B Cent Corp Co CDA Sears Can A Grp A Mtn Pipe Can Pipe Carbide Gas Oil Siscoe Mfg A 13 Cdn Seed Oec 25.00 Imperial Scotia Own 15.50 20.00 22.37% 15.37% 10.50 3.50 5.62% 6.62% 23.25 2.30 10.00 19.00 3.50 17.12% 17.62% 16.25 31.00 27.12% 17.25 44.50 43.25 26.25 10.75 14.25 38.62% 31.62% 6.50 10.25 48.50 24.25 36.00 17.00 6.62% 53.00 27.75 38.25 31.62% 34.62% 20.25 8.62% 17.50 18.12% 4.25 5.12% 10.00 3.85 650 14.50 18.00 31.50 49.75 22.62% 22.00 8.37% 11.75 11.75 16.00 7.75 14.37% 19.00 8.75 12.37% 32.00 13.50 47.25 15.00 14.87% 31.50 17.50 9.75 13.37% 9.62% 7.75 22.00 23.12% 23.75 4.00 2.70 30.00 20.00 37.25 37.12% 40.37% New York (Supplied by Rtakaittmi Securities of Cundal Amr. Anaconda Beth, 17 87% 21.00 Comsat Ouporft General Motors Int. Harvester Kenn. Copper Montgomery Ward Gtf! Texas Co. Wft Corporation 49.87 v> WocrtworWi Westtnohouse Bee. u.s. 18.12% Gen. Etec. 24.75 33.87% TORONTO AVERAGES 169.00 20 (roJoslrWIs 217.72 down 1 SI 49.87% 20 GcWs SSS.aO up 7.81 22.75 10 104.56 down ,53 28.00 15 Western Oils 25650 up .35 38.12% Volume 1 ,396.000 24.37% MEW YORK AVERAGES 85.25 20 JndustrWIs 859.35 down 11.81 82.37% 20 Rate 186.66 down 3.98 15 UtlHDes 91.09 down .57 28.25 65 Stocfcs 271.30 down 3.95 14.87% Votome Automakers cut spending DETROIT (AP) Two major U.S. auto makers have cut their capital spending programs for 1974 in the face of a continuing sales slump. Ford Motor Co. and Canada export price demand said true value Bilingual? Dr. Bruce Bain of Edmonton asked the Bank of Montreal for some "bilingual" cheques. But the only bilingual thing about the batch received was the word "bilin- gual" over the signature line. Light TSE trading OTTAWA (CP) Economist Sherman Clark of Los Angeles told the National Energy Board Wednesday Commission asked to Stock prices drop sharply drop case TORONTO (CP) Prices on the Toronto stock market were down sharply in light mid-morning trading today. The industrial index, consid- ered the main indicator of market trend, fell .96 to 218.27 and base metals .32 to 104.77. Golds rose 8.76 to 570.75 and western oils .08 to 256.03. Declines outnumbered ad- vances 191 to 117 with 178 issues unchanged. Volume by 11 a.m. was MONTREAL (CP) All sectors moved lower in heavy trading on the Montreal Stock Exchange today. Volume at 11 a.m. was shares, compared with shares at the same time Wednesday. The industrial index fell 1.37 to 240.45, papers 1.36 to 136.82 the composite 1.25 to 226.14, utilities 1.24 to 145.32 and banks .27 to 283.07. Distillers Corp.-Seagrams fell to Consolidated Bathurst to WIVi, BP Canada to 15 and Cominco to Vt while Consumers Gas rose Winnipeg grain WINNIPEG (CP) All futures continued to slump in relatively light trade at mid-session today on the Winnipeg Commodity exchange. Rye was the biggest loser, with prices down at or near the 15-cent-a- bushel trading limit in sporadic activity. Rapeseed prices ranged lower from cents .to the accent trading limit in modest action Flax was quiet, with prices down the 30-cent limit in several months. Wednesday's volume of trade was bushels of flax, of rapeseed and of rye. Mid-session prices: Flax: May 30 lower 10.13ti A; July 30 lower 9.60A; Oct. 7 lower 9.25A; Nov. 10 lower 9.15A. Rapeseed Vancouver: March 20 lower June 12% lower 6.05A; Sept. lOVi lower 5.74y4B; Nov. 12 lower 5.61B: Jan. 11 lower 5.46B. Rapeseed Thunder Bay: May 16 lower 5.98: July 20 lower 5.72A; Oct. 20 lower 5.66A; Nov. 15 lower 5.60A; Dec. 10 lower 5.50A. Rye: May 14 lower July 14Vi lower Oct. 15 lower 2.19'AA: Dec. 15 lower 2.13A. Grain quotes Wednesday basis Lakehead: High Low Flax May 1073 Jly 1010 Oct 953 Nov Rapeseed Vancouver 1043% 990 932 Mar Jun Sep Nov Jan 694 636 596 575 567 fUpcseed Thonder Bay 672% 585 573 557 May Jly Oct Nov Dec Rye May Jly" Oct Dec 615 596 586 611 589 586 278 258 266 248 234% 234% 228 228 Close 1043% 990 932 925 672% 617% 585 573 557 614 592 586 575 560 258 248 234% 228 Chicago markets CHICAGO (AP) Grain futures tumbled for limit declines on the Board of Tizde Wednesday. A selloff early in the day in live cattle and bog futures, contributed to the weakness in grains. But a report that Australia expects a wheat crop this season that could be the third highest on record, was a big selling factor in domestic futures. Silver futures fell the limit of 20 cents an ounce, but itxweivd befuiv the close. Wool. Maine potatoes and World Sugar futures dosed lower, but copper, coffee and cocoa futures advanced. Cotton prices were mixed. On the Chicago Mercantile Exchange, prices fell to limits when marketing? at the major yards showed increases and after a reassessment was made of the government's decision to boy miilkm worth of red meal to bolster sagging prices. Wheat 20 cents lower, oats 6 cents, soybean oil 100 points, all limits. Corn was down the limit of 10 cents. but dosed jnst o! the bottom. while soybeans lost 6 cents a basbd. Grain quotations Wednesday Wheat: May 4.7P4: Jo] Sep 4.28: Dec 4.28'i. Corn: May 2.S3: Jnl Sep 2.72'i; Dec 2.57; Mar Oats: May joj 1.31H: Sep i; Der 1.33.