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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 3, 1973, Lethbridge, Alberta ______Thursday, May 3, 1973 THE LETHBRIDOE HERALD 27 Market prices continue decline Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherlj, McCiiaig Limited) LAST KID OR SALE (11 00 a m Cdn Invest F S 15 5 65 Ccl Mt'i-al 018 CrrnAf Irltr 1521 16 71 7 CJ Cnnw 395 434 1623 v. .v-lt 765 841 40 :775 21 C0 4675 TORONTO (CP) Puces on I the Montieal stock maiket to- the Toronto day moved sharply lower in moder-1 ate nud-session trading tcaaj (11 00 rn Quotes) WESTERN OILS AND MINES Alta East Gas Asamera Ashland BP Canada Brenda Mines can South Cdn Ex Gas Cdn Homestd Cdn Ind Gas Oil Cdn Lcng Is Cdn Super Charter Oils Ch Doire Pete 590 950 1COO 1J75 625 363 710 8 CO 4? C0 The mdustiial irdex. consid- ered the iraior mdicatoi oi market trend, fell 123 to 216 02. base mstals 37 to 9340 ar.d western oils 182 to 220 95 Colds were unchanged at 270 88 Volume by 11 a m was 000 shares compared with 000 at the same time Wednes- Declines oUmunbeieJ ad- vices 138 to KM, while 178 is- sues were unchanged Bank, ir.-dustiial nrmng oil reimmg srd trust and loan stosks weie amorg sectors of the market reewding losses while cc-mmomcation, beverage, construction ard material and paper ard forest issues vere higher Andi-es Wines fell 1 to Imperial Oil vs to Inco 7s to S2912. Consumers Distributing "4 to and Massey-Fergu- son 32 to E-L Financial rose to A Jz to and Moore H to Gibraltar shpped "s to Dynasty 30 cents to and Falconbiidge Copper 3-s to S13 Placer was up ]s to and ABU Mines 11 cents to 59 Pan Ocean was down 3s to and Asame.a 25 cents to Con-Joined volume en the Men-1 trcal Canadian stock ex-, changes at 11 a m v as Pan ocean Scurry Rf n 75. Alnunex cents to v, as up fiv e fCP) All sec- tors fell in moderate trcding on wcs up shares, compared v ith 425 700 shares at the same time i Wednesday Industrials declired 154 to 232 23, the composite 121 to 221 31, banks 65 to 257 37, i ties 37 to 156 34 and papers 26 pordcr to 117 12 -anjCI" On the Montreal Stock Ex- j change Peerless Rug droppcJ 2' 50 Husky D VW W HUSKY E 10 12Va In'er Prcv Pipe C6 C7V-> lile" Prcv CO Kaiser Res Loi-la v C Pfd Magnssoncs Pocil c Pete PW A r Pe Ben Pamrer trc Trust St Cop Sandv.ell ___ Teledyne 4 C5 13 62 2 West Cdn Seed 537' 12 75 Westfield Mm 1 20 l 25 A Pld 6' C0 23 V Yukon I1 75 PIPE I-INE STOCKS 1450 .S. refinery construction showing signs of revival compact i trucks recalled C.rp Invest 624 685 Corp Invest St F 5 15 565 F U S. 11 44 12 54 Great Pacific 4 63 511 Gr In Shares 350 429 Gr 812 892 Invest Gr F WASHINGTON (CP) Re- Mutual Mjtual Ac Gr F Nat Re; N W Cdn N Gro th 3 300 5775 650 2 6 1 65 1 jO 715 825 I 75 1-00 i ]5 CO 37' 2 Gr 11 50 "2 75 II CO 675 4 50 26 1 10 353 Royfund Torp Gr United Ac Universal Sa Univcst Vanguard CALGARY Ac-oil Borons Oil fir.3ry construction, almost at a standstill for the last eight years in the oil-hungry United S'ates, is showing signs of re- vival under President Nixon's new energy policies. William E. Simon, deputy sec- f la' retary cf tha treasury, defend- 3610 231 ing the president's energy pro- 797 e" I nour cements before the Senate ir.tcnoi committee, said Tues- 579 613 3 63 77? 559 512 633 674 405 851 6 14 563 554 662 653 725 TrtH Pete Ulster West Pete Decslta MISCELLANEOUS INDUSTRIES Acres L'd lc Aquitame BC Sjoar Pfd Bros Brinco Cci Brew A Cdn Brew B Cdi Paci'ic 0 Al a Gas A 1 CO Al'a Cas Pfd 1575 Alta Nat Gas 12 "7i 2 inland Kat Ges N end C Gas 6 65 K and C B Pfd a7 Pari'ic Trans 7 62' i GoZ Me'ro 5 25 Gsz Metro Pfd T-ans Caa Pipe Tr Cda A Pfd l'87'i Tr Cda B P'd Tr Cda War H 25 V'C Trais 2 85 WC Tra-r Wts MUTUAL FUNDS 27 75 All Cdn COTI 746 8 15 All rdn Divid 805 28 75 All Cdn Vert 3 f-J Ncrth Cv-i mental Western Warner VANCOUVER MilsES Aftcn At as Ea h Norse 47 50 m I OT i "Since April 18, a number of cnvsaaes, including Shell Oil, 35' i Ashlsnd Oil, Pittston Corp and I Standaid Oil of California, have announced that they plan to build or expand refmeiies in adequate to deal with oui- grow ing energy "The hearings will give us an opportunity to evaluate the president's proposals in light of a deteriorating supply picture, increased dependence on for- eign oil and the urgent need to develop domestic era gy sources Simon said the irci cased ac- mucn of 11 12i 2 Davenp-rt 10 50 Dolly 4600 2675 6801 41 '-1 7 10 21 75 '30 Ciowsnest Ird K 03 2725 An AGF Gr F 5 47 2 71 7 2 Lo-r Pnrrer Pvra-r d S Ivcr Standard Valley rc-spcr INDUSTRIALS Irt r Col B-" i Hys Cdn Indost OILS 8 79 AILany 0 Is 4 20 Plains Pete 6 01 Stan r-11 750 52 7? 05 1 20 1 23 E r? 17 c 50 l S3 3 PO 27 1 15 24 80 Oi 2 DETROIT (AP) CluyslT Corp announced Wednesday it is recalling 50717 Dodge 1971- model comnact trucks for re- ef the oil production, placement of the tie rod outei nearly 15 a day t assembiies Industi'v calculatiorjs show that _, n Chrvsler said the ball joints figure will increase by 8 3 mil-i o j hon ban-els a day by 1985 on the vehicles are susceptible Tnere aie 250 refineries in the to separation fiom their hous- U S a'-d md'jstry spokesmen irg, leading to the possible loss say the need is for 50 to 55 new i Of steering control nth about 150 OCX) The the onlv accident attnbuted to the condi- oil companies will I lo own or market'tlon the free oil truck M one was injured. tivity m the building of refi- Simon said. Some neries resulted from admlnis Of their picfits from foreign m- tration policies which i will be an additional incentive "Companies building Beef fulures "Canada, Venezuela Iran. Al- Toronto mines, industrials (Supplied By Richardson Sccnrities of Canada) JAST BID OR (11 00 m Grain price review Winnipeg grain WINNIPEG (CP) Rape- continued to work lower unocr pressuie E, mid ssssion today on the Winnipeg Com- modity Exchange I Julv not open 1 Dee t Bve Jla- July 153'i; Oct J4 No-i oc n WINNIPEG hisner higrer 1 u nc hanged unchanged higher l i fCP) Giam (1. 00 a m Quotes) MINES Acme 14'j Advocate Asb 1 18 Akaitcho 1 15 Bralorre 2 20 Broulen "7 Bethlehem U 00 Brunswick 4 o Can N Lard 6 "5 Canada Tung 1 Cassiar 11 CO Cen'ral Pa' 1 20 Chi-ro '5 Congest 6 55 Cors Rarrfcler 275 Com Lak" 20 Cocnerour 1 01 Craigncrt 0 D ci'enson 3 55 Demscn f.'ires 32 ro Horn 06 D Eldona Done 89 CO Discovery 1 East Malaric 1 Sullcvon 2 Fro o "4 OsisKo Pine Point Placer Dev PC Exp Oueltc RayrocK Rud ore Poncn Corp Sherritt Corccn S.cep POCK Tek Ccrp Texms-it Up-er Canada V.csten Mines V noht Hargrea es 1 Willrcy Windfall Yel INDUSTRIALS 22 31 Si 5225 280 i :o 2 C1 7 ?5 16 C0 i CO (11 00 i) m Grt Cdn O I Gen Maters Bear 1 11 10 GJf O 1 Cda Greyhound HaAke' Sid Hir H -am Walkar I ma O I rt PiC" Inv C ro A Int U' I Ird ren'ide Kelly Dojg A Lo" LoLla A 8 50 7250 22 00 33 CO 19 25 3012i3 5200 29 12'2 31 87 62' 1 the United States ''Others have indicated tray ic sencusly i baiiaing rennenes here but j Leva not yet ircde then plars public In addition, several in- dependent marketers stated their intention to develop 1 their cvn U S refinery capabil- j a necessary step if the inde-' i perdent marketers are to be- I come a entity in the m- dustn Simon contrasted the renewed j activity with the fact that only I two new refineries have been I built in the U S since 1965 1 Simon was one cf numerous I officials suirmroned to the pub- lie hearings before the com- mittee by chairman Henry M Jackson, Democratic senator from Washington state. OUTLINES AIMS Jackson said at the outset- "There is seticus doubt that refineries or expanding existing gena. Libya and Indonesia AMNMPEG fCP) refmenes will be granted h- significant impoit needs and' beef cicse ednesdav o e n c al'ocatioiis equal to 75 per cent of their ad undoubtedly use mere cf their oil to purcnase j Ma> 43 23 Jly 42 35N, Sep dibonal inputs foi the fust goods from the U S. or third 4U5N, Nov 40 jears of operation countries Tuesdav's powerful nlluence with a fee svstem Bc- oil firms weie slow to fnance refu'arj constructioi without assurances could get the crude oil The U S ccnsumss one-third Gold futures WINNIPEG (CP) Ga'd fti'jures, U S funds. Winnipeg; commodity exchange clc.e Wednesday Jly 73 92 72A Oct 73 94 90 Jan" 74 97 OOA, Apl 74 98 75 Jh 74 10075 G ant Y K Old crop futures were four to Quotes Wednesday (basis LaKe Jlv Oct NOV fue cents lower and four to seven cents louer in the new ciop Flax ako was tvo to (Jiree ctnts lower with the neaiby higher Rye vas U-aduig steadily v ,th Wodncodaj s close Barley was Iracrjoral'j high- ei and oats unchanged Wednesday s volume of hade was bushels of rape- seed, 694 000 of flaxand 000 cf rye MID-SESSION PRICES Flax: May 1i highei Juh lower 320A Oc1' 510A; Nov 3 lo.vei Rsp.seed Vancouver June 4 Jly lower 4051-! Sep 4 lower Oct Maj 5-s liwer 384J2A J u 5'4 JK lowei 3847sB, Oct lower OcL Nov 7'i lower DPC 3 Oc 3 Mav unc ha n gcd May 1 15 2 July mi e h a n g e d Jly 1 16V2A, un ch an g e d Oct 11234A; Dec not open oct Barley higher 162B head) High Flax 534 529't 506'4 Low C hse 50334 4911, 491 seed Vancomci 418'4 419U 416 402-1 404 399S4 SJ.I 522" 4 503" i 491" i Jun Sep Nov Jan Rapesced Thurdcr Ba> Ma> 395'2 390's Jly 395'. 390's Vet Oats 4o: i 399 i 3901-, 390 T83 i Hcllnger Huo'on Eav M S Hydra Ex Bay is- I Lal-rac.or UtbNe Sho c Lanris Silver P L jrtic G F A t ec ntyre r d m intern o iI V Fr< Horcs Ke A'hc-a Caluirpt Copper NcrcnJa Nc ttv-3'e 3 4) J6 V 111 iS 207 12 00 1 m 1 03 3 ?S M 7 T1 75 9'S 17 C0 601 .7 Atltl1) Alcan Alooma Steel A'co Ind Atlantic Sugar Arra Ind Bell Braz I irac B C Tfl B C Fores' New B C Bov VE! Ind CAC Ird Cdi Ch-n Ccl Cell Calqary Po er Ccron Cred t C W Gas Ptd Cdn ma Cdn Warcom Cdi Victero Ch "f C P R rcm rcc Cons Beth rons Gas Sear Oms Pom Bnd e Dom'ar Do-'i Tex le Dom Dome Pe e Dofacco rabe Glendsle 10 iO 26 75 1 12 11 00 ussey Fe q lien Elce Wccre Ccrp 7 62'2 A i 73 B "5 Naciur'i T Nor h -p PC Lr rorp Pr ce Co Lav Co p CDA S moson s S rm cears rf Cda rl A 75 16 CO il 37 75 10 00 t 00 11 00 18 CT 715 700 i 75 6 "712 OD 18 01 26 OT 75 eO 10'71 12 171 .the program outhned in the, Tuesday's 21 con- president's energy message is I tracts n n '3 1 11 01 1675 Oi 13 CO E 15 '9 2000 16 CO 9 r n l on '0 1' C0 962' Cv CO T cJerr Grn A Tnns Mtn PD Cda Pp U" en G s Unio-i 0 I Un cd Versatile A'fo Union Carb WCS'OT s B A h Elpi- BANKS Cdn IP n ;'o- re 1 Scol a To- Dom 1 '5 '0 51 -5 'I 12' 59 17 rO 12' "6R7 2 11 12' j 1525 ACS f 7-1 00 17 "5 71 111 600 2 31 ro 11 75 'occssiiKj and 1003 4th Avenue S lethbridge Telephone 328-4426 P. ata Services SIMPSONS bears CORRECTION The following items in our ad on page 42 of Wednesday's Heraid should have read Save 25% Oi! Filters more power, smootner running better mi'eage' Meets new cor warranty spec' Reg. 98 to 98 Save 75cto 1.25 Save 25% Air Filters your own oil ona filter. Meets new car warranty specifications Reg 98 to 98 Save 50c to 75c New York stocks (Supplied By Richardson Sccnrilies of Canada) T and T 117 162' 161 116'4 157 lol 130' 4 15 J 153 I'io1 1 111; It1 150't liT i 157 155'i Ducont Kt Ho c t 52 5o 1850 20 'a o 6' 23 CO i 2225 X RCT Gull Texas Co Wickes Corp Woolwcrlh Wcslinoh-LEe Elec 31 0) u s :i "T Gen Tfl E er 28 0-3 TORONTO AVERAGES 23 21640 o" "'C 97 70 270 11 D f 05 10 Sa'e Met 9854 o'f 2 21 75 15 W Cis 22985 Off 92 ''B 00 Volume 1 083 000 YORK AVERAGES I 21 00 10 Indict "28 65 off 3 69 1 JIM 18. 73 off 46 107 S of "Your Store for Hard-to-Find Hardware" Phone 328-4441 324-13th Street North Pro Welcomes Spring With Special Savings To You! Check ow Spring and Summer Sale Catalogue.. .delivered to your home last week for many timely priced items. S' TS 2 0 r9 of 1 C5 Livestock report Calgary livestock WHOLESALE SALESMAN Required for ALBERTA BASED ESTABLISHED TERRITORY Must have Wholesale or Retail Hardwaie ex- perience Salary plus commission Company outo Reply in confidence to Box 52, Lethbridge Herald (CP) to H am from the Cal- public tc'-vx ard show ol l 130 head, mostly stcc s Tiadj ucj active scarce, selling s.ecciv foi oualuv Light- were discoai ed "-l to SI 50 Cows veic fullj steady 3950 to JO 50 Dl and 2 3350 to 35 D3 3150 to 3325 Receipts D4 27 ,0 njl Gocd 3S to, "3850 Renlacen 2nt caulc u e i c mostly fleshy -ho t keco two stcc s rnd 1 rc sc'lirn cahe-, vcic scarce and sold stcn'lv teeaei stce.i '50 to strcng with heavier kinds to pounds to 44 Good feeder 3G A hulls steady Steeis Al and 2 4275 to heifers iroie than 550 pounds 37 to 42 with sales to 44 75 'VS 4150 to 4250 Heifers i Gocd stock steer cahcs nwe Al and 2 40 75 to 4150, Au I than 400 pourds 41 to 5150 CAREERS PAINT SPECIALS BAPCO PAINT Discontinued colors in oil finishes. LIMITED QUANTITIES OF ABOVE PAINT QUARTS FROM GALLONS FROM LIMITED QUANTITIES OF ABOVE PAINT PENNANT EXTERIOR HOUSE PAINT White Only EXCITING OPPORTUNITY THE POSITION: Stimulating work leading to management in the expanding field of ccnsumei and or industrial finance THE CHALLENGE- TO follow a well planned tiamng programme which will develop you potential for early man- agement responsibilities Your giade 12 plus education and previous business experience in banking, finance or sales can help to acce'eiate your progress Desire and deteiirunation are the keynotes to success. A degree of mobility is usually requued THE COMPANY. Canada's second largest soles fmunce organiza- tion, with 250 branches coast to coast, and poli- cies which provide for growth and opportunities for its employees If you are mteiested in a secure future, please telephone TRADERS GROUP LIMITED MR. HURST Offica 328-3347 Res. 328-0704 builders and developers specializing in josrst ventures i c C910-On" Calqary Place Cilqary A'buria Tel W03) 263 5623 Flamingoes Life sue pair of g.aceful flamingoes for lawn or patio High density plastic, with metal legs Plastic Lawn Edging 20' x 3V high Easily installed plastic barrier that prevents grass from growing into flower beds, diiveways and hedges roll Invites inquiries From property owners interested in joint ventures and having land available for development. Reply to Box 123, Lethbridge Herald Garbage Bag Stand Of brass-plated steel, holds a large garbage cag Comes complete with a garbage bag, 4 clips, ana plastic leg tips I Oi1 base House Paint Idsa! for fencos GALLON Garden Master Oscillating Sprinkler Foui walermg positions allow deeper even penc- t.ation Covers approximately sealed motor keeps dirt and grit out Spring Special Lawn Dart Game Try your skill with this dart game Set includes 4 wing darts and 2 rings 4.89 20" One-Speed Luggage Style Fan Stylish powerful and efficient, manually reversible Features: Safety Plastic Grille, front and back, 5 fm surf white plastic Highly efficient for moving large quantities of d Q7 air. Spring Special f l" x 50' Nylon Reinforced Hose A galaxy of colois to cheese fiom m this 4-ply re mforced nylon hose Strong and dui ob'e with rust proof couplings .iii.ii Deluxe Plastic Sponge Mop Easy cleaning with a giant SIZP cellulose sponge that has greater absorbency for larger areas Foam Plastic Coffee Mugs Ideal fcr cold beverages too, and they cost less than Ic each 25 cups Patio Lite Sef Colourful Chinese style lanterns for your jsatio, add a festive touch to your outdoor parties eludes 6 bulbs, 6 shades, 15 foot long M cord Spring Special, set ;