Lethbridge Herald, The (Newspaper) - May 8, 1972, Lethbridge, Alberta
Monday, May B, 1975 TH! lETHSRIDGt HERAtD MwccHaiieoiw quotations PrOVinCCS fl'CC tO HCt Market narrow in slow trade TORONTO (CP) Prices on the Toronto stock market moved within a narrow range in slow mid-morning trading today as most investors appeared con- tent to remain on the sidelines until the federal budget is intro- duced tonight. The industrial index was down .02 to 198.4G and base metals .26 to 94.83. Golds were up to 183.75 and western oils .44 to 213.41. U.S. cash worth less in city For the last week U.S. cash lias been worth less than Canadian cash in Lethbridge. City banks Monday were buy- ing U.S. dollars for cents ,_ each, 13j, cents less than the i flls slightly as oilier Canadian dollar. sectors fell in light morning Cheques were being pur- today on the Montreal Volume by 11 a.m. was shares, down from at the same time Friday. Pipeline, communication, banking, utility, real estate and general manufacturing, steel and oil refining issues turned higher, Advances held a .slim margin over declines, 134 to with 171 issues unchanged. TransCanada PipcLinos fell "2 to Skyline Hotels to CDRH Ltd. to Peoples Department Stores to and Bank of Montreal U to Vs. Hudson Bay Mining dropped '..i to sm'i, Placed to Scurry-Rainbow to Dome Mines '-z to and Alcan Vt to Dofasco rose to Mag- nasonic to Palino to Inco tV other is direct foreign invest- ment ol who wr here iind whu want to grow in their area. and ttie third is new capital coining in fur new ven- tures. "We've dealt wi'.h one of three. "Some provinces think there leo much foreign investment. Please let them make legisla- tion of their own and not pn.-s the buck !o us." IHvM.S WITH TAKKOVKI1S The proposed legislation, tabled in the Commons iasl week, would screen the take- over of Canadian comnanies by foreigners to ensure that such takeovers benefit (he country. H doe.s not, however, incorporate lent place lo find out what oth- a recommendation of the Gray ers are thinking. They recall report which suggested screen- that at the conference a year ing new direct investment in ago, Mr. Connaily fairly well Canada from abroad and nil The top money men of 21) detailed the U.S. problems and major expansions of industries countries gather this week in indicated that strong action operating in the country under Montreal for a conference that j would have to be taken. It fi- foreign control. could have long-term interna-1 nally came in mid-August. Mr. Trudeau said In :-ome cases takeovers will be demon- strated to be beneficial to all tional significance, at a time For (his year Canadians ex when monetary rei (Stvpplicd By Richardson Secnrltles of Canada) LAST BID OR SALE reform is a top pect any discussion of monetary and debate. rcform also have to include Canadians. chased for lar, I1, adian. cents per dol- sents less Uian Can- stock market. Canadan for and U.S. cheques cents. On May 2, the U.S. dollar was on par with the Canadian dollar. Grain prices Winnipeg Grain WINNIPEG (CP) Rape- seed prices were firm to slight- ly lower in dull trade at mid- session on the Winnipeg Grain Exchange today. Utilities slipped .22 to 163.05, US dol i -s3 Papers .05 to 85.04 and the composite .02 to 201.28. Industrials rose .11 to 201.65. Combined volume on the Montreal and Canadian stock exchanges at 11 a.m. was shares, compared with at the same time Friday. Dome Petroleum advanced ;li to SWi, Canadian International 58 to International Pipe Line to Metropolitan Stores to and Cominco to Credit Fonder fell 5s to S757n, Montreal Trust '2 to fl.m. Quotes] MINES A3b. a.m. ouotes) fixate 5 CO Akfiitctio Bralorne Broulan Pethlelierr 1 SO .51 '17 2015 Pir-o P Plac P.C. Ray rock Radicr Rio Aloorn Dev, p- Man TransCanada Pipelines '.i to limited buy- MJli and Western Realty to crs in that commodity with local and commission bouses I On the Canadian Stock Ex- engaged in the bulk of trade. change, Williams Creek Gold Other commodities quiet and featureless. Friday's volume of trade bushels of flax, of rapeseed and of rye. MID-SESSION PRICES: Flax: May lower 2.74B; July lower 2.76; Oct. sn lower 2.77U.A; Nov. lower 2.GGUA. Rapeseed Vancouver: June 1 lower Sep lower Nov. lower 2.55U; Jan. unchanged 2.51B. Kapcseed Thunder Bay: May r's higher 2.58A; July lower Oct. !-z lower 2.523JA; Nov. unchanged 2.51B. Oats: May unchanged 69A; July unchanged 69A; Oct. not fell 21 cents to 77 cents on shares. PRICES LOWER NEW YORK (AP) Prices were lower in slow trading on the stock market today. Brokers said the situation in Vietnam was the cause of uncertainty. Declines outnumbered gainers on the New York Stock Ex- change by about to 1. The noon Dow Jones average of 30 industrials was down 7.38 to 933.85. Among Canadian issues, Dome Mines was up 1U to 2. International Nickel was clown U to Us. On the American Slock Ex- change, Canadian Marconi was down !i to Scurry Rain- Clilmo Ccns. Rnmbler Coin Lane Cochennur j Craigrnont i Dickenson Mines Mines I Horn D'Eldonn Dome Mines Aldcna Discovery Wines East Malartic Ess! Sullivan Fakonbridge Frobex Firsl Marilimcs Giant Y.K. Hydra Ex. Iron Bay IPO Jottet Ouebrc Kerr Arldiscn Key Anaccn Labrador Lake Shor" Langis Silver Madsen R.L. Malartic G.F. Martin Me Nee Macintyrp Mefa Mid rim I'Corp. Sherritt Gordon 7 70 Silver Miller 1.85 Steep Reck Tek Corp. U'rioht Hargreaves 1 a V.'illrcy 1 Windfall Yellowkn'fe Bear A INDUSTRIALS ta Steel Inrl Sugar a.m. Dem Store; Dome Pete Dofasco Cable Gt Cdn Oil i Gen Motors Gt Lakes Pap Gulf OH Cde Hswker Sid Huron and Erie Hiram Walk Imperial Oil Inl "Nickel int Pipe Go A Int Util Indust Laurentk Kelly Doijg A Loeb Loblaw A Met Sforei M3ES Ferg McMillan Blot Mowe Corp. Quotes) i such as stainless, tool and other j suljJect of C011CGL _ .wu.i.i lu ttmnid vn In these categories, the! While it is. strictly speaking, detailed talk about international If M10UUI i voluntary limits for 1979' aild I a forum only for discussion and j trade agreements. The U.S. J1973 will represent reductions j exchange of ideas, the world-j part of the mid-December re- '-8 said it is iride impact could be far-reach-1 alignment of currency values in u-nse IJ1 i from last year's actual ship- j :ept j Athor Calurr t Hom 9.75 9.75 .15 750 37.75 Brazil Tn B.C. Tel B C. Bcw CAE Col Cellulose Cal Power Coron Credit Cdn Ind Cdn Marconi Cdn Vickcrs Chrysler CPR Cominco Cons Cons Gas CDN fJal Gai Dist Sea Domtar Dom Textile 10.371 6.25 13.25 23.75 u'.oo 3-3.; s 7.50 i.70 7.00 3.15 11.50 3J.OO U 75 2B.75 V.50 75.50 ns A North Cent Pow-cr Corp Price Co Rothmans St. Law Corp Shell CDA Slmpsbn's Simpsons Sicel of Can Selkirk A Texaco Traders Gp A Trans AAtn Pipi 1r Cdn Pp Union Gas Union Oil Versatile Mfg Westeel Mfg 68.00 fi.15 7H.75 17.37Vi 27.50 5.70 79.75 75 21.00 31.00 32.00 9.75 13.J5 6.00 3.85 7.PO 19.37': U.12 hen on extensive bfick- nround in the oroa of con- sumer finoncinq, ond in the management field. Boh ex- tends his invitation lo every- one to contort him in regards to their financing and invest- By Gene Fawcctte FLAT PROJECTOR A 9JPEH 8 SOUND JUST ANNOUNCED, PROJECTS ON A STANDARD SCREEN- OR ON ITS OWN POP-UP SCREEN. FILM CARTRIDSES ARE DROPPED INTO THE HORIZONTALLY-SHAPED MACHINE AS RECORDS ON A PHONOSRAPH TURNTABLE... f, SfVAKf AMP AUTOMATIC AfHtHef NATIONAL SALES DIRECTORS Required for AUSTRALIA 0 NEW ZEALAND U.S.A. CANADA UNITED KINGDOM GERMANY FRANCE ITALY HOLLAND FINLAND DENMARK NORWAY SWEDEN Up lo month. No barrier. Consumer items. Training in Canada first. Income: Age: Products: Training: Starting Date: After February, 1972. Interview: Both husband and wife required lo company representative. PHONE MR. J. COUCKE, 327-5701 ALL DAY TUESDAY, MAY 9th meet >hft HANK PALFREY FLEMING MOTORS SALESMAN OF THE MONTH WP plrnsod to nnnounce l'io1 Hank Pnlfrey has achieved thn salesman of the month award for Aoril. Our congratulations arc extended to Hank on his accomplishment. FLEMING MOTORS St. and 1st Ave. S. Phone 327-1591 SALESMAN OF THE MONTH t y Royal Trus! Real Eslats Soles ore pleased lo announce lhat Elizabeth Dykstro has been named Sales- woman for the month for March, 1972. She acheivcd this by having ihe highest volume cf lislings and MLS Sales in the city (or that period. Whether you're planning on buy- ng or selling See one of the friendly qualified sales people a) Royal Trust. Somewhere in Canada Royal Trust sells a home every 56 minutes. oyal Trust REAL ESTATE SALES 740 4th Avenue S. With 57 Office! Fri Phone 328-5516 Coast to Coast PROCTOR GAMBLE CEllULOSE, LTD. Has immediate openings for the following positionj ot hi bleached krafl pulp mill in Grande Proine. ENVIRONMENT CONTROL ENGINEER Responsibilities to include: to provide effective technical support in treatment, ability to develop and manage training programs for successful operation of waste treatment facilities, to work effectively with governmental ond con- sulting agencies. Qualifications: chemical, mechnnknl or ffipmieolly sanitary engineer with several year; experience. Thorough knowledge of environmental control air and woter pollution problems in thn krafl pulp in- dustry, Some experience in work wih consulting and regulatory agencies a definite asset. PRODUCTION ENGINEER Responsibilities lo include: ability to demonstrate leadership in pror.es; systflmi operation, abilily and initiative nf independent problem analysis and solultonf., ability to communicate effectively ond work in n learn atmosphere, ability to train non-managers in ttin ODfrnticin nf preu-f-M equipmcnl. Oualifications: --Graduate nnginrcr with n bostt rf thrmirot, mechanical, civil or clrcirm -5-8 cxperienr." m poMion at a supervisor lrvcl. Some pulp rnill experience dr hi') hri1 PRODUCT OUAUTY MANAGER Responsibilities to include: ability to coordinate overall quality pHorts o. manufocturtng units to prevent ond rl'minotr finished product qualily problemi, ability to manage o Crntml Control laboratory, -ability to communicate riirrcly with Trchnicnl Soln groups to facilitate translation cu'lcmin iprof if otiorn 10 viable process product jtandoids. QuoMficotions: -Groduolo chrrnical wiih nth lnMory r' mill c xprrinncr. Experien ing oiinti. bnlh oroliy rilinn, with people on n learn ban, -experience in statistical quality ronlrol syslemv nnri th opplicolionv, Capable (if tndcprndonl thinkn.p and development. Halo ol tor nny of the lislfH pp.itio would bn July 1, 1977. should be Mihmittrd writing not lattr than Moy 10, to: Personnel Manager Proctor and Gamble Cdlulosp, Ud. R. R. No. 1, GRANDE PRAIRIE, Alhnrto.