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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 11, 1972, Lethbridge, Alberta Toronto mines, industrials (Supplied By Richardson Securities ot Canada) LAST BID OK SALE a-m. GU MINES Acme Advocate Asb. Akaltcho Bralorne Broulan Bethlehem Brunswick Canada Tung. Casslor Central Pat. chimo Corvwesl Cons. Rambler Coin Lake Cochenour Craig mont Oickenson Mines Denlson Mires Deer Horn D'Eldona Dime Mines Aldona Discovery Mines East Mnlortlc East Sullivan Falconbrldge Frobex First Giant Y.K. Brjvis Granduc Headway R.L. Holllnger fl.rn. Quotes! a.m. Quotes) .37 1.75 .53 1M .25 JO.OO 4.30 1.55 16.75 1.55 .99 7.50 P1ne Polni Plocer Dcv. P.C. Exp. Quebec Man Rayrnck Radbre Rio Algom Roman Corp. Sherrltt Gordon Silver Miller Steep Rock Tek Corp. Texmonl .if Upper Canoda 2.01 Western Mines 3.65 Hargreaves 1.16 Wllfroy 1.16 .73 Dofasco .23 Cable 34.37W Ford of Amer dli.OD Gt Cdn Oil 3.75 Gen Motors .Jl'A Gt Lakes Pp 1.16 Gulf Oil Cda .29 Grev hound 17.37'A Hawker Sid 7.EO Hur Erie 14.B7V3 Hiram Walker Imp Oil 9.01 Int Nickel Int Pip 5.15 .Q7V'i Windfall Yellowknlfe Zenmar ..15 1.02 1.40 2.90 76.25 .29 .81 INDUSTRIALS Abitibi E Alcon 22 Algoma Sieel 13 Alco Ind. 10 Allan Sugar Agra Ind In! Utll Ind Accept Laurentide Kelly Doug A Loeb i Lohlaw A Met Stores Massey Ferq McMillan Blca Moore Corp 13.25 Bell Tel Brazil Trac B.C. Tel Burns B.C. Forest Hudson Bay M-S 0.c suqai Hydra Ex. -20 Iron Bay 3.55 IEO 2.02 Jollel Quebec .JEl Kerr Addlson 9.30 Key Anacon .29 Labrador 40.00 Lake Shore 2.75 Langls Silver .04 Madsen R.L. .71 Malarllc G.P. .70 Martin McNeely -08 65.55 Mela .11 Midrlm .15' Intern Mooul 9.75 Nu West Homes 9.50 New Athona .15 22.50 62.75 1-1.75 21.00 39.25 R.OO North Cent Power Corp Price Co. Rothmans St. Law Carp Shell CDA Simpson's Simp Sears Steel of end Selkirk A Texaco Traders Gr A Trans Mfn Pp Trans Cds Pp Union Oil Vrnnlile Mfg Westeel Union Car New Calumef. W. Horse Copper Norsnda Northgate Val CAE Incl Cdn Brew Chemcell 4.EG Col Cell 2.DO Cal Power 2-1.50 Coron Credit 1.30 C Vi'.M. GaS Pfd 11.62'.'j Cdn Ind Cdn Marconi .1-05 Cdn Vickcrs 11.50 Chrysler 32.50 C.P.R. 14.62V'j Cominco 28.75 cons Bath 9.25 Cons Gas 18.25 Cdn W. Nat Gas 26.00 Dlst Seagrams 32.50 Dom Bridge 56.75 Dorntar 13.75 p-m Dom Stores 14.62% Dome Pefe 33.75 Tor-Dom 27.62Vi 17.25 66.00 6. 30 77.25 17.25 76.B7W 151.75 29.62VJ 2.00 .00 44.75 IB. 87 1-1.50 24.75 43.00 23.75 12.B7V3 8.25 20.00 25 00 43.12 YD 35 50 36.62V2 33.00 21.00 49.35 16.75 20. 62 '-a 16.37V? Woodward's A West Cdn Seed Zenith Eke BANKS Can Imper Wwntreal Nova ScotlJ 2.80 28.00 21.50 38.75 33.75 32.50 New York stocks (Supplied By Richardson Secnritlcs of Canada) Miscellaneous quotations Vancouver, Calgary, Montreal .13 (Supplied by Uoticrty. McCuaig Limited) LAST BID OH SALE i. Ountes) n.m. Quotes) B.m. Quotrs) WESTERN OILS Husky Oil 15.50 Inv Mutual Almlnex 5.20 Husky Oil B 41.37'A Mutual Accum Altn Enst Gal 7.10 Husky Oil 5.00 AAut Gr Fd Inter Prov Pipe 14.37Vi Nat 1155 Inler Prov Steel 11.75 N.W. Finance 505 Kslser Rse 3.70 Growth 7.35 MGF Manage 2.60 Growth 315 pacific Pete 31.37W 6.80 Rainier 8.00 65n Sandwpll Teledyne J 00 .59 west Cdn Seed 6.25 'S'A VANCOUVER 33.75 CALGARY MINES 6.35 Acroll .59 Afton 1 1.54 Barons Oli .03''? Atlas Explor 5.40 Madison -15 Bath Norseminej H.OQ NorlH Cont .0: Wesl Warner .5: PIPE LINE STOCKS Ashland BP Oil CM Can South Ofn Fx Gas Cdn Homesfd Cdn Ind Gas Oil Cdn Super Charier Ch Jell an Dome Pole Gt Cdn Oil Lochiel l-Jsrlti Cdn Oil Numac Pancdn Pete Pan Ocean Temp Growth Un Accum Unlv Savings Vanguard Comm Vent .75 ,54 6.09 7.73 5.64 6.63 5.34 "0 63 7.42 acle Place G Ponder Ranger Scurry R Spooner Selbeni Total Ulster W. Decal West Pel, MISCELLANEOUS INDUSTRIES Apuafaine Brlnco 1.18 .41 Alat Gas A Al'a Ptd Alia Mai Gss Inland Nat Gas N and C Gas tJ and C B Pfd Pacific Trans Gaz Metro Gai Metro A Trans Cda Pipe 5.35 Trans Cda B Trans Cda A Cda War 17.75 16.25 ,EO 9.10 5.95 1.34 00 7? a 27.50 12.75 5.62V 72.00 42.25 41.25 79.75 13.75 28, !S 9.50 Brycon Church Copper Croyden Va'dH1 Cdn Cdn Cdn Pacific Inv Crowsnest Ind Cyqnus A B Falcon Copper Genslar Home B Hud Bay Co Hud Bay Oil Hud Bny Ptd Hugh Russell WC Ti WC Trans Wts MUTUAL FUNDS All Cdn Com 0.35 9.13 All Cdn Divi All Cdn Vent Amer Gr Fd AGF Special Cdn Invest Fd Col! Mutual Comm Inter Comm Lever 30.62''i corp inves! 30.37Vj ccrp In St Fd 5.71 Stam 17.50 Drey U.S. 13.20 14.47 32.00 31.50 25.50 5! 12V: Giant Mascot Granule I Lornex I Lylton Minerali Primer Pyramid Silver Standard Texmonl Trojan Valley Copper i West INDUSTRIALS Stock prices dip in slow trade 40.50 Gr In shares Gr Equity In Gr Fund 9.3.1 10.21 Block Brothers 3.99 d.3A B.C. Sugar 6.71 7.3; B.C. Suoar Pfd 3.32 Cap Inter ".95 S.45 crest For Ind MM, U.Efi Inler Brew 3.63 ".21 Key Industries 6.01 6.60 pac West Air Res OILS 3.97 ".37 Albany Oil 7.40 8.13 plains Pete 15.13 13.26 West Explorafions TORONTO (CP) Base Inco metal issues on the Toronto stock market edged fractionally higher prices in other sec- tors turned lower in slow mid- moraing trading today. The industrial index was off .05 to 188.52, golds .76 to 189.03 and western oils .96 to 209.19. Base metals were up .26 to 93.73. Volume by 11 a.m. was shares, down from at the same time Wednesday. Pipeline, banking, real estate, utility and trust and loan issues suffered moderate losses while beverage, chemical, communi- cation and general manufactur- ing issues edged fractionally higher. Canadian Imperial Bank dropped to S27TB, Peoples De- partment Stores to OTi PanCanadian Pete Vs to Business opportunity fund delayed by opposition higher with sales to 31. Choice steers 3G.50 to 37.20, good 35.25 to 36.25, medium 34 to and Imperial i to 35. Choice heifers 34.25 to 1-> Oil Vs to I Rood 33 to 34.25, medium 30 to Rank was up H to Wes-1 33. Good cows 2G to 27.50. me- ton Vs to Texaco to dium to 25.75, canners and Thursday, May 11, 1972 THE tCTHBPIDGE JO Livestock report CAUJAKY (CP) Receipts scarce, prm-lically nil on Uiu Calgary livestock mar-'. steers weighing more than kcl to 11 a.m.' were G25 head, j pounds and selling steady, mostly slaughter steers and i There were insufficient stock cows. Trade was acUvc. calves on offer to eslablisli ft Slaughter steers sold fully! market. Good fewlrr steers steady to strong. Heifers weie j pounds up 34.50 tit 37.40. steady for quality with choice i n0gs averago base price kinds scarce. Cows were 50 j cents to lower, bulls sold Labatt to Kaps Transport to and Do- fasco to PRICES MIXED MONTREAL (CT) Prices were mixed in light morning trading on the Montreal stock market today. Combined volume on the Amr T and T Anaconda Beth Sieel Chrysler Comsat Dupont Gen Motors Gulf Int Harvester Kenn Copper Mont Ward 20 Gdds 1ER.42 cfl 1-37 71.50 10 Base Wet 95.56 up .06 117.25 15 West Oils 209.88 oft .27 30.25 Volume YORK AVERAGES 33.00 30 Ind 935.20 Up 4.13 20 Rails 253.98 Up 24.1 LJ.SI 31 75 15 util 10B.99 up .06 TORONTO AVERAGES 65 Stocks 31B.64 up 1.54 20 Ind 19B.BO up .23 Volume 4Z.37V? Sears 19.61'''i Sid Oil tf NJ Texas Gulf 3137Va Texas Co 62.1 ZVa Wicks Corp 161.50 Woolwprth 77-00 West Elec rccessncy an a 1003 4fh Avenue S., Lethbridge Telephone 328-4426 rocessinc ei-vices 1 EDMONTON (CP) Pre- mier Peter Lougheed said Wed- nesday that his government's S50 million industry business opportunity fund is a high pri- ority item which will have more social than economic im- pact. The opportunity fund bill, considered major legislation, before the legislature and is running into opposition delay in second reading. The fund would provide about million in government loans at eight per cent interest, A maximum would be fed to industry and business op- erations this year, with a like amount of private borrowing by business to be guaranteed by the government. "I don't think of it as an economic bill, but as a social TASK FORCE MANPOWER TRAINING AND RETRAINING Any individual or group who wishes to appear before the Alberta Government Task Force on Manpower Training and Retraining are requested to submit their intention to do so to the undersigned by Friday, May 26, 1972. EACH REQUEST FOR A HEARING BEFORE THE TASK FORCE MUST BE ACCOMPANIED BY A WRITTEN SUBMISSION. Cal Lee, Chairman Task Force Manpower Training Retraining 403 J. J. Bowlen Bldg. 620 7 Ave. S.W. Calgary, Alia. Mr. Lougheed told the legislature. Smaller centres would get priority and, through encour- agement of local based busi- ness and industry, a "desire of community spirit and pride will be fostered." There also would be "follow through" by the government, via new roads, power, schools and the involvement "of pri- vate financial institutions" to make the fund work. The Progressive Conserva- tive government got some sur- prising support from the oppo- sition when Gordon Taylor House lead- er for the Social Credit party, broke ranks and endorsed the bill. Mr. Lougheed thanked Mr. Taylor and called for the sup- port of all members. New Democratic L e a d er Grant Notley said he would move to the political right and vote for the bill, but he expressed concern. He said the incentive loan program should exclude Ed- monton and Calgary and multi- national corporations. He argu- ed that areas outside Alberta's two largest centres need asis- tance. Mr. Lougheed and other gov- ernment speakers emphasized that the hill gives priority con- siderations to smaller centres and was designed for Alberta- based companies. Roy Wilson (SC Calgary Bow) said he feared "govern- ment meddling" in business. Government House 1 cadcr Lou Hyndman said outside the House the bill "is a sleeper." "It's one of the most import- he said and its implica- SPRING CAMPER HAR OTTO KLONDIKE (Sleeps 4) ON Regular NOW OTTO PROSPECTOR (Sleeps 6) Includes: 2 burner stove, sink, indoor- outdoor kitchen unit, fasten on canopy and curtains, etc. Regular NOW OTTO RUSTLER (Sleeps 4) Regular NOW........ 739 FOREIGN (LETH.) LTD. OTTO 3rd Ave. and llth St. S. MAVERICK (Sleeps 6) 885 LIONEL 60 4) frcsses, eorr 696 (Sleeps 4) Full dnor, curtains, matrrcsses, complete Regular NOW....... Regular NOW....... SOUTHERN ALBERTA'S IARGEST DATSUN DEALER Open Evenings Till 9 P.M. LIONEL 80 (Sleeps 6) Includes rurtnini, mnltrcisoi, full door '920 Regular NOW....... ALSO SEE OUR FULL LINE OF HOLIDAIRE TRAILERS tions would go beyond the "dry" notes. The government, said Hyndman, has talked of couraging the publishing of school texts and the fund could give this backing. Mr. en- Montreal and Canadian stock exchanges at 11 a.m. was shares, compared with at the same time Wednesday. On index, papers rose .54 to 86.01, industrials .32 to 201.51 and the composite .03 to 200.81. Banks slipped .80 to 266.79 and utilities .32 to 161.72. Labatt rose to Cominco to M.L.W. Worthington to Velcro Industries to and Quebec Telephone u to DJA UP NEW YORK (AP) Prices were moderately firm In today's stock market, but the trading pace repeated Wednesday's slow motion. The noon Dow Jones average of 30 industrials was up 4.13 to 935.20. Canadian issues were mostlv higher, with Dome Mines add- ing Vz to Massey Fergu- son Vi to and Walker Gooderham U to Cana- dian Pacific was off Vt to S15. cutters 19 to 24. Good bulls 28 to 30.50. Beplacement cattle were Hog prices EDMONTON (CP) Aver- age prices to 11 a.m. provided by the Alberta Hog Producers Marketing Board: Edmonton: 29.05, average Wednesday 29.63. Red Deer: 29.70, average Wednesday 29.62. C a 1 g a r y: 29.70, average Wednesday 29.54. Lethbridge: No sales, erage Wednesday 29.72. Fort Macleod: No sales, crage Wednesday 29.70. ROBERT D. KOLESAR Tlie Board of Directors of St. Patrick'; Credit Union ltd. are pleased to announce Ihe appointment of Robert D. Kolesar to the position of manager. Mr. Kolesar i< a life lime resident of Southern Alberta, married, with Two children. He has an extensive bock- ground in the area of con- sumer financing, and in the management field. Bob ex- tends his invitation to every- one to contact him in regards to their financing and invest- ment needs. Grain price review Winnipeg Grain WINNIPEG (CP) Hape- seed prices at the Vancouver position moved up slightly on a quiet local and commission house trade at mid-session on the Winnipeg Grain Exchange today. Prices at the Thunder Bay position were relatively un- changed. Flax prices posted fractional advances on a limited local af- fair while rye prices advanced slightly. The rest ol the market was quiet and dull. Volume of trade Wednesday was bushels of flax, of rapeseed and 418, 000 of rye. Mid-session prices: Flax: May higher 2.69 U; July 1 higher 2.70 ViA; Oct. :'l July higher 69 ViA; Oct. un- changed 70 VaA. Barley: May unchanged 1.09 %A; July not open; Oct. un- changed 1.11 %A. Rye: May Vt higher 1.03 %A; July higher 1.03 %A; Oct. higher 1.01 %B. Grain quotes Wednesd a y (basis LEASE From your Frnnchised New Car Dealer Better Service Facilities Morn Flexible Regular Warranty Inspections Better choice of models leasing Plans Your lease can Includs maintenance, licence, and insurance INQUIRE NOW INTO THE ADVANTAGES OF LEASING OVER BUYING Contact BORIS KORESHENKOV Beny Automotive Enterprises Ltd. Avenue ond 8th Street S. Phone 327-3147 High Flax May 269 Low Close Jly 271 273 2693.i 271% Oct Nov Rapeseed Vancouver Jun 254 Sep 252'i Nov 251 Jan 247! May 250Vt Jly 251', Oct 24IP.2 Nov Oats higher 2.72 "4; Nov. higher M 2.71 3iB. Jly _ Rapesecd Vancouver: June I Qct "i higher 2.55 Sep. 1 high- j Barley Rapesecd Thunder Bay 269% 272 271 254'.i 254 250U 248 24R3: 245 er 2.55A; Nov. '.2 higher 2.50 Jan. Ik higher 2.48 ?s B. Rapeseed Thunder Bay: May !s higher 2.49 '.iB; July Vs low- er 2.48 Oct. ]..i lower 2.4G May Nov. unchajiged 2.44 Jly I035i Oats: May unchanged 69A; I Oct May Jly Oct live 101' 102'n 182" 2 2493, 69 m 70' 1033s irs'z 101'., TIME ANNOUNCES In Co-Operation With THE MARQUIS HOTEL THE HOUDAY INN 1HE EL RANCHO MOTOR THE PARK PLAZA HOTEL MOTOR HOTEL Scheduled Airport LIMOSINE SERVICE For Flight Departures and Arrivals Operated by BRIDGE TIME AIR 3282331 BRIDGE CABS 328-8805 SchenleyTradition introduces; The Great Canadian Quiz. chenky Tradition is blended exclusively for people who live right here. People who appreciate a positive rye taste. While you and your friends arc enjoying your next Schenley Tradition, have a shot at our Canadian Quiz. The answers arc printed upside down in the bottom right- hand corner. Anyone who gels more than 50' "n right is an absolute genius! .1 is the highest mountain in Canada? 2 1 low many kinds of maple leaves are there? Mt iMt. p 3l1ovvmnny World Ladies'Ski Champions have been Canadian? 4WliichCaniidian Kyc Whisky has a unique detachable maple leaf on the bottle? D What was the name of the only ship ever to circumnavigate both North anil South America? 6In what (own docs the sun rise first in Canada? 7 In what town doc le sun set hist o scorci the most goals in ;i single Stanley Cup playoff IVll.Waddington? SchenleyTradition. So Canadian you can taste it. The Company that has been bringing you the Canadian Schenley Football Awards since 1953. ;