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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 4, 1971, Lethbridge, Alberta Western oils lead advance TORONTO (CP) Industrial and western oil issues recorded strong advances as prices in most sectors of the Toronto stock market moved higher in active mid-morning trading today. The industrial index was up 1.75 to 163.50, western oils 2.32 to 201.47 and base metals .71 to Golds were off .43 to 133.30. Volume by 11 was shares, domi from at the same time Wednesday. Advances outnumbered de- clines 181 to 5G with 143 issues unchanged. Strongest of the in- dustrial index's 17 sub-groups was steel. Other strong sectors were backing, beverages, in- dustrial mining and oil refining. N'oranda was up Ki to Falconbridgc to Pan Ocean 25 cents lo S9.33, Sherritt to ?12'.i. Royal Trusl "2 to and International Utilities to Ford of Canada rose lo Husky Oil IK to Inco -li lo Canadian Impe- rial Bank and Pacific Pete '.i to CP Ltd. dropped 's to Sll'i. Hudson Bay Mining 'i lo Bank of Montreal to and Du Ponl 't to MONTREAL (CP) Prices were higher in all sectors in Highlighting gains, B.C. lelc- phonc was up t" SSKj, .Nor- anda to Dofasco to Simpson's SI to ?20, Inter- provincial Pipe Line 7s to SZD'.i, International Ul il i ti e s to JYcMillan Bloedel Ltd. i to Pacific Petroleum 3i to Steel Canada Vi to S23U, and the Toronto Dominion Bank to Inglis Co. Ltd. fell to S9 while Union Carbide fell to NEW YORK (AP) Stock market prices held to a solid gain today, but their upward momentum appeared checked. Trade was brisk. The Dow Jones average of 30 industrials at noon was up 5.84 at 848.42. Earlier, it was up more than 7 points. Advances outnumbered de- clines on the New York Stock Exchange by more than 3 to 1. Analysts said the market was still on the upturn after Wednes- day's sharp climb. Several New York banks cut their prime lending rate per cent to 5'.i per cent, and the I U.S. government reporlcd a slight decline in wholesale prices on average for last monlh. Noon prices included Interna- tiona! Nickel, off Vi to S28-la; Bcise Cascade, off to Glen Alden, off to and tight trading on the Montreal j Skaggs, off 3 to stock market today. On index, industrials were up 2.47 to 168.26, utilities .68 to 144.71. banks 3.18 lo 206.39. the composite 2.18 to 168.08 and pa- pers 1.47 to 56.55. Canadian stocks that gained included Mclntyre Porcupine, up sk at Alcan, up at Dome, up at Walkcr-Gooderham, up !n at and Massey, up '.i at Combined volume on the Distillers Seagrams was Montreal and Canadian stock j down -i at S55''s. exchanges at 11 a.m. was] On the American Stock Ex- 396.400 shares compared to; change, Scurry Rainbow Oil 210.900 at the same lime rose 'i at S14V Jupiter Corp. Wednesday. i was down 3n at Gr "am price review WINNIPEG (CPi Rape- seed posted slight advances on a lack of offers in a mixed trade at mid-session on (he Winnipeg Grain Exchange to- day. Oats was slightly lower in a domestic shipper trade and bar- ley remained firm. Volume of trade Wednesday was 1.020.000 bushels of flax, of rapeseed and of rye. Flax: Nov. Hi lower 2.45'sA. Dec. unchanged May 2Vi lower 2.46A, July 4Vz lower 2.49A. Itapeseed Vancouver: Nov. Husky Oil profit up CALGARY (CP) The earn- ings of Husky Oil Ltd. increased to or 88 cents a share for the nine months ended Sept. 30. In the corresponding period last year, net income was or 55 cents a share. Gross operating revenues Tvere up five per cent from last year. The company attributed mcst of the profit increase to greater production of oil and pas, high- er crude prices awl lower in- terest rates on funds borrowed for 1971 operations. Wz higher Jan. 1U higher March higher Rapeseed Thunder Bay: Dec. sfj higher 2.52A, May lj-z higher July unchanged 2.59B. Oats: Dec. lower GGVsB, May V p.i; 27.F7'': 11 7r, Dynam'r Pf-te Great Ctfn Oil l.r.rhif! Expl. Mill City Hew Cmt. Cdn 01! Pan Ocean Permo Pelrol Gas Ponder Rangc-r F.curty Rain Spooncr Total Pofrol DecaMa Pete 8.5 MISCELLANEOUS INDUSTRIES 11 1 ?0 .11 LOT n.on libz' Aqualaine Brinco Cdn A Cdn Brew B Cdn Pac Inv Pr Crowsnost Ind Cygnus A Cygnus B Genstar Home Oil A Home Oil B HucJscn Bay Co ; tM 2fl.50 33.50 33.50 3J.50 5.00 5. SO 11.00 29.75 31.25 17.00 Lake M.c.r. Pacific AH: Alia All, In Nor Hoi Ga. Gn: Tr; Tr- Ores AH All All Am AGF Cdn Coll COIT Comrr Corp Cor Dn Toronto a.m. Quotes) Acmo Advocate Asb. Akaitcho Black Bay Bralorne itral Pa mbler Mines Bethlehem Brunswick Canada Tung. Cassisi Cen Chimo Con west Cons. R Coin Lake Cochenour Crnigmont Dickenson Denison Mines Deer Horn D'Eldona Dome Mines Donaltla Distovery Mines East Malarlic East Sullivan Falconbridge Frobex First Msrltimes Gianl Y.K. Bovis Headway R.L. Holllnger Hudson Bay M-S Hydra Ex. iron Bay ISO Jolie! Quebec Kerr Addlson Key Anacon Labrador Lake Shore Langis Silver Madsen R.L. Malsrtic G.F, Maclntyrc Mela Midrim Intern Mogul New West Home New Athona New Calumet W- Horse Copper Noranda Norlhgate Northgate 3.00 1.50 17.1IV] '.SO 7.60 1.21 .07 30.75 BOWS quotations Calgary, Lockheed men step sale EDMONTON (CP) Aver- irly, Rnadlmiisc and 5T P.ID OR SALE a.m. Quotes) n.m. Livestock (Supplied by Canada con's 21.25 to 22, me-itim 20 to 21, canners awl cut-era 10 to Calif. (AP) -Three top officials of Lockheed Aircraft Corp. are taking prices to 11 a.m. provided by Alberta Hog Producers Marketing Board: nn KflV Oil 41.50 Mill ACCUnl 1. fifl of hulls 22 to including Charles 23.55. Average Bav Oil Pld Ml" Gr Funii offer to 11 a.m. 125 were president of 23.52. U." NW Pin'S" '.1? mostly slaughter calves of medium to Co., a Deer: 23.55, Average nn B -12.50 HW Growth S.J1 5.73 J Oil War Prln Growth iK "i vanguard loin lc 250 VANCOUVER 3." Min" swd i Gianl Mascot At 01} .SUIU MtidUy heifers 30.75 to 31.50; Wednesday. Good lambs for manufacturing. Both Brown and Pulver are 59. L 0 Kitchen 43 was futures Mat fias MM Granisle 6.00 "ml 13.87'A Kam Copptr 29.50 to 30.50; succeed Fuhrman at Cent B 58.00 Lornex 6.05 Metro to 28.50. Good cows 21 to 21.75; prices where IIP (CP) Live beef Mplro A Primer .12 r, a Pine 3J.50 Pyramid .33 "da Pipe B ra7Vl sllver stan -Ha A 64.50 Texmonl 19.50 to 20.50; canners and utters 17 to (CP) Fiat Moors of Canada Ltd. vice-president of finance and Open High Low Close Tue. Nov 33.7SB 33.75B :5S P War 9.50 .27 t Trans Valley Copper 7.90 Wesl Resources heavy feeder steers ver 800 Ibs. 34 to 1372 model price increases from 1.32 to 4.85 33.30N 33.30B Mar 32. GOB 32.60B MUTUAL FUNDS Induilrials al Pac 4.21 4.60 Block Brothers 2.95 Cdn Com 7.62 fl.55 B.C. Sugar 17.50 Cdn Div B.79 9.41 B.C. Sugar pfd hogs sold Wednes-av Lethbridge 23.45 Fiat expects to sell about 7.000 cars in Canada during 1972. The new prices are (CP) Maritime potato futures: No trades 30.TOB 30.50B Tuesday's volume: Seven con- Cdn Vent 3.52 3.84 Cap Inter 5.6IV: Gr Fund 5.2B 6.35 Crest Forest Ind lambs 20 to Nov. lnPFund 4.74 Key Industries .20 Mutual 5.68 6.24 Hys 2.V5 nm Inter 12.06 13.24 Int Brew 4.40 nm Lev 3.10 3.41 Inter Mariner .72 o mv 5.07 5.54 Ok Helicopter 5.53 i In St Fd 462 505 Pac West Air livestock CALGARY (CP) LIFE ASSURANCE y Fd U.S. 11.57 12.61 Starr. Int'l Res .74 In shares 310 341 the Calgary livestock Bldg. _ Equity tin Albany Oils .28 Gr Fund 10.00 10.93 Plains Pete 11 a.m. were head, mostly slaughter steers, Pleasure In Announcing Mutual 4.92 5.39 West Explor .10 lines, stock calves. Trade was strong and active with a good local and J. (Duke) chardson Securities of steers ar.d Has Earned ST BID OR 25 cents higher. Cows a.m. Quotes) a.m. Quotes) lex .23 Dofasco relatively short supply and vere mainly medium and QUALITY miska 7.90 Cab 13.00 20 Frt of Amer kino's with all grades ino Gr Cdn Oil steady. A few bulls 1971 FOR THE llih e point 21.00 Gen Motors B0.12V: cer Dcv lP.12'-2 Gt Lakes Pap is ;n recognition of the highest quality of life insurance Exp .61 Gulf Oil Cda W.lSVz bee' Man -09 Greyhound 1.1.00 1.03 Hawker Sid steers 32.50 to 33, good 31.25 to 32.25, medium is made by the life Underwriters Association of Canada, 'he life Agency Officers' section of the Canadian life Insurance Officert Ij0re -20 Hwker Sid 2.15 Algom 13.00 Huron, Erie 23.25 man Corp. 5.10 Imperial Oil 31. Choice heifers 31.50 to 2.20, good 30.25 to 31.25, and fife Insurance Agency Management ritt Gordon Imasca 29 to .23 Oper 1.60 .32 Pali Pine 1.35 Plac 51 P C. Quel Rayi Rad Rio Rorr Sher... Silver Miller Steep Rock Tek Corp. Texmonl Upper Canada Western Mines Wright Hargreaves 1.02 Willroy -65 i-uei Windfall Lot Ycliowkntte Bear Me Zcnmac INDUSTRIALS .OJV'2 Int Nickel 1.95 4.25 .38 1.55 3.311 Pipe Inv Gp A Int Utilities Indus! Accept Laurentide Kelly Doug A Sto .75 2.50 64.50 .27 .50 7.10 (10 33.50 17.00 .U 3.55 .97 .65 .56 62.00 .09 14 7 05 7.7i .11 .18 1.6S 26.00 5.30 S.30 Abliibi Alcan Alaoma Steel Atco Ind Bell Tel Brazil Trac B.C. Tel Burns B.C. Forest B.C. Sugar CAE Ind Cdn Brew Chemcell Col Cellulose Cal Power Ccron Credit C.W.N. Gas Cdn Indus! Csnacfa S 5 Merconi Cdn Vickers Chrysler CPR Cominco Cons Bath Cons Gas Dlst Sea Dom Bridge Domtar Dom Textile Dom Stores Dome Pete .....ssey Ferg McMillan Bloe M.nore Corp AAo'sons A B North. Cenl 25 Power Corp 16.50 Price Co SB 00 Rothmans U JO 5t Law CorP 16.87'i Shell CDA 17.00 Simpson's 6'oo Steel of Can Selkirk A Vood ward's A Texaco Traders Go A Trans M1n Pp Trans Can Pp Union Gas Union Oil Versatile Mfg Weste-el Union Car '3 V.'cston's B Woodward's A West Cdn Sd 5.75 17.25 11.75 2-55 30-50 1.00 11.00 13.00 38.50 2.80 9.50 19-00 5.75 22.50 BANKS Imperial Montreal 17.75 Nova Scotia 14.00 Royal Tor-Dem New York stocks Anaconda Both Steel Amr T and T Chrysler comsal Dupont Gen Motors Gulf Int Harvester Kenn Copper Mont Wsrd (Supplied By Richardson Securities of Canada) 20 Go'lda 133.29 off .44 10 Base met 69.76 up 91.621 71.E71. 113 75 15 West Oils 201 .JS up 2. 32.12Vi Volume Jfl.59 NEW YORK AVERAGE 90'DO 30 Ind up 5-91 28.12'.i 30 Rails 530.26 up 1.71 15 DIM 113.11 UP .73 TORONTO AVERAGES 65 stocks 295.11 up 2.0 20 Ind 163.28 Up 1.27 Volume 13.50 Scars 25 00 Sid Oil of N.J. .12.87V: Texas Gulf 2B 62V; Texas Co. 54.50 Corp 1.17 37Vi Wootworlh 83.87V2 West Elec 26 50 U.S. Steel 25 25 30.75 Playboy shares grabbed up NEW YORK first public sale of the common stock of Playboy Enterprises shares at a share was oversubscribed. Of the shares offered, were sold by the company and by certain selling stock- holders. In addition, shares were offered directly by the company to employees at Net proceeds to the company, from sale of its share including the shares of- fered to employees, were to be used primarily to repay bor- rowings under loan agreements with two bank. Gold prices LONDON (AP) Closin gold prirDs in U.S. dollars ounce: London 42.25 Paris 42.C5 Frankfurt 42.32 Zurich 42.20-42.30 Hong Kong 44.06 Beirut 1.365 a kilo Earnings drop VANCOUVER (CP) Ear ings of Pine Point Mines Lt< and Coast Copper Co. Ltd., ho subsidiaries of Conrinco Lt< dropped in the first nine montl of 1971 ending Sept. 30, th companies announced here. Named Salesman of the Month Bony Chevrolet Oldsmobile is plenspcl (o announce that C II E S T E H POCZA hns achieved Ihe honor of "SAL achieved (lie honor of "SALESMAN OF THE MONTH" for the month of Deleter. 1971. Chester has had a wealth of experience in the sales field in the aiito- niohile industry. He welcomes his many friends and cus- tomers to sec him for their every motoring need. He will he pleased to assist them in any way. BENY CHESTER POCZA CHEVROLET OIDSMOB1LE OK SUPERMARKET CAR IOT Phono 327-3148 FOR SALE BUILDINGS TO BE MOVED T. One-story house and several out buildings al 3908 South Parkside Dr., Lethbridge. 2. Two-story house at 519 7th St. S., lethbridge BEST OFFER WIU BE ACCEPTED Phone 328-1900 or 327-8117 LEASE... From your Franchisee! New Car Dealer Beller Service Facilitiei More Flexible basing Regular Warranty Inspections i Better choice of Plans Your lease can Include maintenance, licence, and insurance INQUIRE NOW INTO THE ADVANTAGES OF LEASING OVER BUYING Contact BORIS KORESHENKOV Beny Automotive Enterprises ltd. 2 Avonuo and 8th Street S. Phone 327-3147 A. Straight Grained, "D" handle with 11" X 14" blade. 3.37 B. Pusher, "D" hard- wood handle, 18" X 5 h.p. 2-stage Gas Sstow ibwer C. Snow P u I h e r, straight grained, "D' handle, 24" widi Wide, man sized steering centre Forward, NeiMral and Reverse control 180 degree remote control chute Frontal drive clutch and chute attachments 5 h.p. Briggs 6, Stratton engine Inclosed transmission, adjustable chain dm 4-blade impeller, gear driven 350x12 semi-pneumatic tires with chains Adjustable scraper blade and skids 16" dia. x 26" wide auger with shear pins Intake 26" swath with drift breaker Separate auger and impeller control lever OSE YOUR CREDIT! Open Monday and Tuesday 9 a.m. to 6 p.m.; Wednesday 9 a.m. to 1 p.m. w Thursday and Friday 9 a.m. to 9 p.m.; Saturday 9 a.m. to 6 p.m. ji ;