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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 27, 1974, Lethbridge, Alberta Industrials climb on TSE TORONTO Prices on the Toronto stock market were sharply higher in light midmornmg trading today The industrial widely-based indicator of market rose 2 27 to 188 base metals 58 to 81 59 and western oils 4 44 to 185 56 Golds fell 86 to 424 58 Volume by 11 a m was 000 shares compared with shares at the same time Friday Advances outnumbered de- clines 185 to 48 with 144 issues unchanged Dome Pete gained IVi to Bow Valley 1 to Home Oil A 1 to Texasgulf to and Canadian Tire A to United Siscoe was up to Craigmont Vt to Sherntt to and Consolidated Morrison 15 cents to 75 United Canso rose IVg to Pan Ocean 1 to and Sunnmgdale to Falconbridge Copper lost Vs to Pamour Vi to and Hudson's Bay Co to The Herald Business Stocks Miscellaneous Montreal MIDLAND DOHERTY LIMITED Market trends MONTREAL Prices were generally higher in light trading on the Montreal Stock Exchange today Volume at 11 am was 14J 200 shares compared with at the same time Friday The industrial index rose 214 to 89 the composite 1 82 to 188 74 utilities 1 81 to 129 53 banks b8 to 245 26 and papers 34 to 118 82 Commco rose 4'i to Canada Cem'enl Lafarge '.to S12 Aquitame lo Consolidated Bathurst Ji to J25J. and Alcan 'j to Among speculative issues Consolidated Imperial Minerals rose one cent to 19 cents alter trading 17 000 shares VANCOUVER Prices were up in moderate trading FneUv on the Vancouver Stock fc-xchange Volume 1 952 162 shares In the industrials Canterra was down Dial 40 on 15 000 shares Bank of Nova Sfrotia was unchanged at 82 on 11 860 shares International Centura was up 02 at 20 on 8 250 shares Block Bros was unchanged at 20 on 7 600 shaics Jollv Jumper was unchanged at 80 md EDP Industries was unchanged at 14 In the mines Consolidated Fortune Channel was up Ob'iat on 189 700 shares Soneta was up 05 at 35 on lid 000 shares Consolidated Fortune Warrants were up 07 at 19 on bl 400 Green Eagle was up to 13'j on 41 500 shares Kalco Vallej was unchanged at 10 and Anglo Bomarc is unchanged at 59 In the oils Pavette River was up 02 ai 20 on 18 500 shares Comaplex was unchanged ai on 12 300 shares Cop was up 33'i on 12500 shares Vargas was down one half cent .it 07' on 9000 shares Payette were unchanged at 04 and Gaheslon was up 03 at 13 Livestock Calgary Receipts to 11 am tocldv Irom the Public totalled about 150 head nioslh slaughter steers and cows Trade was moderateh active Slaughter steers sold steadv with lasi weeks close weight steers under I 000 pounds were discounted 5.1 more Iheic were no on ollei Cows were niostlv in the lower gr idi-s selling lor qualih C s Ul and i TO to i2 m 27 to 29 50 lo 2b There were insufficient uplaiemcnts on oiler to establish quo lations HdRs I ii h Calgan to 11 am Auiagi base 14 55 to J5 05 Earnings THE CANADIAN PRESS Bank of British Columbia six months endc'd April 10 1974 000 S219000 Bombardier Ltd ended Jan 1974 V5 976 050 loss 37 2 -ents a share 1971 14 cents British American Bank Note Co Ltd three months ended March 31 1974 eight cents a share 1973 000 t2 cents Camflo Mines Lid three months ended March 31 1974 548 454 45 cents a share 770 29 cents Canadian Western Natural Gas Co Ltd three months ended March 11 1974 Lid three months ended 4 1974 000 U cents a share S595000 10 cents First City Financial Corp Ltd three months ended March 31 1974 000 20 1 cents a share 1973 SilbOOO 228 cents Mtrland Explorations Ltd Near ended Dec 11 155 loss 1 3 cents a share 1972 Sb9 304 profit 1 7 cents Milton Group Ltd three months ended March 11 1974 000 3 i i slnre 5 2 cents Northwestern Utilities Lid three months ended March 11 1974 01X1 078 000 Provincial Bank 01 Canada six montns ended iO 1974 000 1971 S4 b45 000 Dividends By THE CANADIAN PRESS Dividends are quarterh unless otherwise noted Craigmont Mines Ltd 13 cents plus an extra of 15 cents JuK 2b i record Juh 12 Crown Trust Co Ib'i cents JuK 2 lecord lune 14 Eastern Canada Savings and Loan Co 15-cnts 1 record June 7 Federal Pioneer Ltd class A 14 cents Aug 1 rPcord 11 1st pfd series 68'i cents July 15 record lulv 1 Maritime Telegraph and Telephone Co Ltd 12'2 cents 71percenlpfd 17'i cents both Juh 15 record June 20 Molson Companies Ltd class A 20 cents class B 20 cents class C 17 cents class D 17 cents all ptnable JuK 1 recora June 3 Monarch Life Assurance Co Juh 2 record June 14 Occidental Petroleum Corp pfd SI 60 pfd 90 cents S2 16 pfd 54 cents all payable JuK 1 record June 10 Shell Oil Co 60 cents U S funds June 24 record June 7 Hog prices HJMONTON Average price's to 11 am provided tn the Hog Producers Marketing Board I- ridav s prices in brackets hdmonton 50 C algarv 50 Red Deer 1450 I Hogs sold tr 11 a m 5 420 hogs sold 5484 average 3502 Sows aiciage I'l 25 Currencies WESTERN AND Alton Albany Alta East 12V4 87V4 Ashland BP Brenda Cda Cdn Export Cdn Cdn Ind Cdn Long Cdn Chieftan tDome Ft Giant 20 Gibraltar 62 'A Great 62 V4 Grt Cdn Lochiel 53 Lytton 73 Noble North Cdn North Cdn Numac PanCdn Pan 00 46 Place Ranger Scurry Vi Total Ulster 02 United Westcoast 15 West Canbra Westlield Weston A Whitepass PIPELINE Alta Gas Alta Gas Alta Nat Gaz Inland Nat N C 25 N C B Tr-Cda Tr Cda A Tr-Cda B Tr-Cda Pipe West 62 Vt West Tr Monday s mid d u lorcign exchange selling rates supplied the Bank of Montreal dollar 1 4400 schilling Oa54 Bermuda dollar 1 02 Belgium convertible Iranc 0262 155a Bulgaria lev crown 1900 China renmmbi 5210 Dcnnidik kroner 1705 Irince Iranc 2040 Gcrmam mark .i960 Hunparv fonnt 0911 India lupee 1270 Hah lna 001585 Japan 001500 Mexico peso 0785 NLlherlands guilder 1760 kroner 18b5 I'ol md 0479 Romania leu 1597 South -Unca rand 1 4450 Spam peseta 0173 Sweden kroner 2 HO Switzerland Iranc J370 I nitc-d States dollar 9635 I mUd Kingdom pound 2 34 I S S R ruble 1 2781 bolivar free 225J ugoslavia dma'r 0575 Quotations m Canadian tunds Winnipeg grain Light activity and lower prices continued through mid session on the Winnipeg Fxchange 1- nd s i olume of trade was 302 000 bushels ol I lav 1 116000 of rapeseed md 204 000 ol Mid session prices I 1 live lower 9 41 '26 July live lower 9 5 IB Oct one lower 9 ISA live lower 8814 and Dec two lower Raposecd Vancouver June 'j lower Sept three lower 7 06A Nov t i linvcr hJViA and Jan 1'2 lower Rapeseed Thunder three lower Oct unchanged 6 34 unchanged b 14 and Mai was not open Mav Jj lower 239'j July 3' 2 lower 2 31 Oct 3'.. lower 2 29A and Dec i'. lower 2 12 A Dollar value MONTREAL US dollar in terms of Canadian funds at noon today uas urchanged at 96 125 Pound sterling was 50 toS2 3037 50 In York the Canadian dollar was unchanged at SI 04 3 25 Pound sterling was- down 3 20 at 40'j Egg WINNIPEG The federal department of agriculture poultry division announced new producer prices lor ungraded eggs Fxtia large are 60 cents' a dozen large 58 medium 511 small 42 and B 43 Canada Trust requires a LENDING OFFICER to assume responsibility for furthering the development of a rapidly growing Personal Loan Department This position will appeal to career orientated individuals with an appropriate level of Consumer Loans experience The successful candidate will enjoy a good working environment and rewarding career opportunities Apply In confidence to P. L. MORKIN Managtr 3rd Avenut and 7th Strwt S. Albvrta 327-8581 MISCELLANEOUS INDUSTRIES Acres Ltd 7 25 Aquitame 25 25 BC Sugar C Pfd 11 00 Block Bros 3 15 Cdn A Pfd 29 50 Carhng A Pfd 1850 Carlmg B Ptd 21 50 Com Capital Corp 2 30 Creslbrook Forest 6 00 Falcon Copper 1000 F M Trust 4 60 Genstar Home Oil A 34 00 Home Oil B 31 50 Hud Bay Co 17 00 Hud Bay Oil 29 25 Hugh Reiss C Ptd 68 00 Husky Oil 1650 Husky Oil B Pfd 35 00 Husky Oil D War 81 Husky Oil E War 7 00 liter Pipe War 3 55 Inter 3 P 14 25 Kaiser Res 4 25 Kaiser Res War 1 80 Loblaw C Pfd 24 75 Magnasonics 216 Pacitic Pete 20 50 Pac West Air 7 00 Pe Ben Oillield 5 00 Royal Trust 22 CALGARY Acroll 39 Barons Oils 09 N Continental 02 Western Warner 27 VANCOUVER MINES Atlas Explorations 21 Bathurst Norsemmes 1 25 Dankoe 2 35 Davenport 60 Dolly Varden 22 Equitonal Res 12 Lornex 7 30 Northair Mines 2 37 Primer 05 Pyramid 07 Silver Standard 1 85 Valley Copper 7 05 INDUSTRIALS Key Industries 10 Wardair 1 75 i OILS August Petroleum 33 P'ams Pete Ponderay Explorations 75 Stampede Int I Res 61 MUTUAL RUNDS All Cdn Compound 5 36 5 83 All Cdn Dividend 563 612 All Cdn Ventures 296 322 Amer Growth Fund 419 461 AGF Special 212 Cdn Invest Fund 4 34 4 76 Collective Mutual 4 57 5 02 Eaton Comnwlth 5 40 Eaton Leverage 2 89 Eaton Int I Venture 274 Corp Investors 5 45 5 99 Corp Invest Stock Fund 410 451 Dreytus Fund US 961 1053 Great Pacific 411 4 49 Grouped In Shares 2 68 2 95 Growth Equity 583 641 Invest Growth Fund 1040 1137 Investors Mutual 5 00 5 47 Mutual Accum 5 40 5 96 Mutual Growth Fund 2 76 3 03 Nat Resources 3 59 4 38 N W Cdn 4 85 5 33 NW Growth 410 451 Principal Growth 3 65 4 01 Provident Mutual 715 Royfund 587 611 Tempieton Growth 7 29 7 98 United Accum 4 00 4 39 Universal Savings 711 782 Umvest 5 40 5 94 Vanguard 5 16 5 65 Toronto industrials by Richardson Securities ot MINES Acme Advocate Ass Akaitcho Bralorne Broeilan Bethlehem Bovis Brunswick Can NW Land Canada Tung Cassiar Central Pat Chimo Conwest Cons Rambler Com Lake Cochenour Craigmont Dickenson MIOPS Demson Mines D Eldona Dome Mines Discovery Mines East Malartic East Sullivan Falconbridge Frobex First Mantimes Giant Y K Granduc Hollmger Hudson Bay Hydra Ex Iron Bay Iso Johet 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 Homss A New Athona New Calumet Noranda Northgate Norlex Pine Point Placer Dev Pax Exp Quebec Man Rayrock Radiore Rio Algom Roman Corp Sherrill Gordon Steep Rock Sunnmgdale Tek Corp A Texmont United Canso Western Mines WH Copper Mines Wright Hargreaves Wdlroy Wmdlall Yellowknlte Bear Zenrnac INDUSTRIALS Abitibi Alcan Algoma Steel Atco Ind Jannock Agra Ind Bell Tel Brascan A BC Tel Forest 1 Sugar A 1 Valley Ind 1 Ind 11 0 Keefe 1 4 Cellulose Power Credit Gas Pfd Ind 1 Marconi Vickers 1 Bathurst Gas 38 Seagrams Bridge Textile Stores Pete Mobile Cdn Oil Motors Lakes Paper Oil 21 37 Sid Walker 1 Erie Oil A 11 Nickel 31 Pipe Grp A Int I 1 Accept 1 35 Douglas A A Ferg Bloed Corp 41 A B 31 Cent Corp 1 Co 1 CDA Sears Can A 1 A 3 Grp A Mtn Pipe Can Pipe Carbide Gas 1 Oil 1 Siscoe Mfg A 11 Foods Elec 24 6 12 Imperial Scotia Dom 11 75 1625 1800 1875 1200 B 62V4 245 22 12V4 230 925 1900 310 1650 1550 2900 2600 15 37 24 75 2700 2875 4 10 7 iavi 4700 22 25 1600 5 37Vz 4550 20 37V4 2700 2525 2800 16 6 230 480 340 625 11 50 1600 2650 4850 22 37 A 2000 7 11 25 11 00 11 50 1400 7 1050 29 1300 3650 9 1300 2975 1650 7 1025 525 575 2075 2225 340 300 2575 3325 3275 3650 ftew York by Richardson Securities of American market closed today _ TORONTO AVERAGES 0 Industrials 18972 up 369 20 Golds 429 80 up 4 36 10 Base Metals 81 90 up 89 15 Western Oils 187 84 up 6 72 Volume 915678 Checking progress Assistant superintendent Gerald Macisaas peers down 68 feet to the founda- tion area of what will eventually be the Royal Bank Plaza at Front and Bay streets in Toronto. Workmen are just beginning on the foundation of the twin-tower structure Photo was taken through a super-wide angle fisheye lens Grainworkers pledge to continue on job VANCOUVER A gramworkers union official said Sunday grain companies can us suspend us or fire but we'll keep working until they shut everything down Henry Kancs was reacting to a weekend announcement that Alberta Wheat Pool will lay off 20 of its 125 workers and another 10 at Pacific Elevators in which it holds a 60-per-cent effective Tuesday afternoon The layoff notices were issued after the federal government moved to forbid lockout and strike action at five Vancouver grain terminals until after the July 8 election Mr Kancs said there will be more this week and predicted at least one of the companies could shut down completely within 10 days 'They want us to get so we will walk out and violate the law he said 'The same pattern has been going on for 12 years Mr Kancs said he told union members Sunday to comply with the law until parliament is reconvened and the provisions of a government conciliation report are legislated into effect The 600 gramworkers have voted 75 per cent in favor of the report but the Alberta and Saskatchewan Wheat United Grain Growers Pacific Elevator and Burrard Terminals i ejected it William Mead spokesman for companies denied the harassment charges and accused the union of bringing on the present layoff situation We ve had people booking off sick and staying home so much unloading operations were running at only half capacity he said We had so many people standing around we had to lay somebody off The union has asked for a 30 an hour increase in the base rate of 96 in a one-year agreement plus a pension plan and other benefits The conciliation report recommended a 52 increase over two years as well as a cost of-hving adjustment clause and a pooled pension plan The federal government implemented a section of the labor act last week stalling anv coercive action to resolve the dispute following an emergency meeting in Ottawa between labor and management representatives Livestock charges ordered CALGARY The Alberta Livestock Protective Society has told its inspectors to lay charges if there is no improvement in truckers' methods of handling livestock in transit Orval Anderson of Sherwood Park society said inspector Roy Bromley of Calgary and two other gave 105 warnings last year for overcrowding of livestock 11 for lack of partitions in trucks and 144 for no sand or bedding in trucks He said 72 warnings were given to truckers who took hogs out of warm barns and put them in trucks without slats and tarpauhng in extremely cold weather Cattle and calves did not suffer as much from the cold having become acclimatized to it but hogs remained indoors most of their lives Diesel fumes from improper exhausts is a matter of concern said Mr Anderson Cattle were affected by the fumes while in transit and while trucks were stopped and left idling It is recommenced all diesel stacks be 12 inches above the top of the trailer he said One of the most common offences in hauling livestock is improperly completed manifests which is against the law he said This was for the protection of both trucks and farmer But 150 truckers had none or they were not made out correctfv Twenty warnings were given where bruising and excessive force were noted bv inspectors last year The society is sponsored by hog producers cattle producers packers and government to reduce damage to livestock on the way from the farm to slaughter plants NO TAKEOVER PLANNED KUALA LUMPUR The Malaysian government will not nationalize the oil industry because it would discourage foreign investors Information Minister Tengku Ahmad Rithaudeen told the Senate What have you got to Your Eyes. A mountain sunset A good bocjk A game of golf A child s sriile That s what you ve got lo lose Your Hearing. A bud at your window The laughtei of children A good joke Your baby s first word That s what you ve got to lose Your Hands. A game of Softball Buttoning your shirt Tying your laces Brushing your teeth That s what you ve got to lose Your Legs. A brisk walk on the beach A game of tennis Going upstairs Going downstairs A bicycle nde That s what you ve got to lose Your Life. The rest of your life..' That s what you ve got to lose You have a lot to lose. And safety has a lot to give Follow safety regulations Wear protective equipment Have a safe attitude Have a safe life Your Back. An afternoon 01 denmg Getting into your car A day skiing A comfoi table night s sleep That s uhat ve got to lose WORKERS' COMPENSATION BOARD ALBERTA 9912-107lh St .Edmonton Telephone 423-6110 ;