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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 17, 1972, Lethbridge, Alberta Friday, November 17, THE UTHMIDCE HffiAlD 23 Mini-markup at mid-morning TORONTO (CP) Prices on the Toronto stock market posted fractional gains in mod- erate mid-morning trading to- day. The Industrial index, consid- ered a major indicator of mar- ket treed, was up .29 to 210.23 and western oils 1.03 to 230.33. Golds, however, were off .96 to 175.88 and base metals .07 to 83.53. Volume by 11 a.m. was 692- 000 shares compared with 000 traded by the same time Thursday. Beverage, oil refining, indus- trial mining and steel stocks were among sectors of the mar- ket adding to the increase while chemical, communication, pa- per and forest end utility issues were off slightly. Advances outnumbered de- clines 139 to 105 while 188 issues remained unchanged. West Indies A rose 50 cents to General Distributors 14 to Imperial Oil to Inco to and Laidlaw to Cygnus Corp. A slipped 1 to Market to Royal Bank to Sklar li to and Alcan la to Falconbridge Copper climbed to and Consolidated Rambler 10 cents to Pla- cer dropped to MONTREAL (CP) Ad- vances outnumbered declines in light trading on the Montreal stock market today. Combined volume on the Mon- treal and Canadian stock ex- changes at 11 a.m. was shares, compared with at the same time Thursday. Industrials rose .60 to 229.32, the composite .39 to 220.27 and papers .32 to 93.61 while banks declined .18 to 276.55 and utili- ties .03 to 156.81. On the Montreal Stock Ex- change, Andres Wines added 1 to International Utilities to and Moore Corp. to while Southam Press dropped 1 to On the Canadian Stock Ex- change, Atlantic Tungsten lost three cents to 19 cents on shares traded. NEW YORK (AP) Stock prices shot quickly upward to- day, then dropped a bit as some .nvestors cashed in their gains and the White House declined to anticipate what would be done about the signing of a ceasefire agreement with North Vietnam next week. The Dow Jones average of industrial stocks stood at after having baen up about four points earlier. Thurs- day, it closed at a record high of Advances maintained an 816- to-456 lead over declines on the big board but more stocks were starting to fall 'into the losing column. The New York Stock Ex- change index of stocks was up .09 to 63.15, a shade above its record close of 63.06 Thursday. The price-change in- dex at the American Stock Ex- change was up .05 to 26.14. Pepsico was up 314 to after announcing Pepsi woulc be the exclusive international supplier cf cola bottled and dis- tributed in the Soviet Union. Coca-Cola declined 1 to Distillers Seagrams was up at and Dome Alines 14 a( Mclntyre Porcupine was of] li at and Granby Mining li at On the Amex, Brascan lost 14 to Up 14 were Canadian Javelin at Canadian Mar coni at and Scurry Rain bow Oil at Livestock report Lethbridge Livestock On offer to a.m. 800 cattle and calves. Receipts mostly stock calves. Trade active. Good and choice butcher steers and heifers sell- ing steady at the weeks ad- vance. ITie few cows on offer celling steady to strong. Bulls steady. There were insufficient replacement cattle sold early to establish reliable quotations. Steers: choice 35.50 to 36.50; good 34 to 35. Heifers: Choice 32.25 to 34.10; good 32 to 33. Cows: Good 22.75 to 23.75; medium 20 to 22; canners and cutters 16 to 19.50. Bulls: Good 27 to 28. Good heavy feeder steers over 900 IDS 35 to 3G.50. Good stock cows: 23 to 25. Butcher hogs sold Thursday Lethbridge 37.05 base price. Good lambs 25. Calgary livestock CALGARY (CP) Receipts to 11 a.m. on the Calgary live- stock market were head mainly stock calves. Trade was active. Slaughter cattle offered wer practically all cows. These sole steady. There were insufficien steers or heifers on offer to es Uiblish a market. Good cows, 23.50-24.50, medl um, 21.50-23.25, canners an cutters, 17-21. Replacement cattle and stoc calves met a keen demand a fully steady to strong prices Good feeder steers 750 pounc up 35-40.80, under 750 pounds 3843 with odd sale higher. Good feeder heifers 32-36.60 good stock and feeder cows 22 27.50. Good stock steer calves 45-50, good stock heifer calves 35-41, with sales to 42.50. Hogs average base price 36.85. Toronto mines, industrials (Supplied By Richardson Secnritlei of Canada) LAST BID OR SALE iuolesl !11MM l.m. Quotttl a.m. Quotes! MINES 15.50 1.10 8.00 1.42 12.00 1.29 1.01 5.40 3.40 .10 .28 5.75 2.25 26.75 Advocate Asb. Akjtfcho Ira iroulan Bethlehem Brunswick Can. N.W. Land Canada Tung. Casstar Central Pat. Ihlmo Conwcst Cons. Rambler Coin Lake Cochenour Craigmont Mckenson Mines )enison Mines DPT Horn D'EIdona lome Mines Donalda Discovery Mines East Malartlc East Sullivan Falctmbrldge Frobex First Marlltmes Giant Y.K. Granduc Headway R.L. Hollinger Hudson Bay M-S 19.55 Hydra Ex. Iron Bay Iso Joliet Quebec Kerr Addison Key Anacon Labrador Lake Shore Langis Silver Madsen R.L. Maiartic G.F. Martin McNecly Maclntyre Met a MIdrim Mogul Nu West Homes New Athona New Catumet W. Horse Copper Noranda Northgafe Norlex Oslsko Pine Point Placer Dev. P.C. Exp. Quebec Man Rayrcck Rsdiore Rio Algom Roman Corp. Sherritt Gordon Silver Milter Steep Rock Tek Corp. Texmont Upper Canada Western Mines Wriqht Harare Willroy Windfall Mice half trials SALONIKA, Greece (Reuter) Many trials are having to be postponed here because mice have devoured files in the civil court archives. Woofw HUNTING SPECIAL Imperial 12 Gauge SHOT SHELLS High velocity, long range. Shot sites BB, 2, 4, 5, Box city, long range. 3.29 Dolly a.m. In 6 p.m. Thurlday and Friday 9 a.m. to 9 p.m. College Shopping Moll 2025 Mayor Magrath Drive Yellowknife Bear Zonmac INDUSTRIALS Abltlbl Alcan Algoma Steel Atrtt Ind Atlantic Sugar Agra Ind Bell Tel Brazil Trac B.C. Tel Burns B.C. Forest B.C. Sugar Bow Val Ind CAE Ind Cdn Brew .23Vi Chemcell 36.75 2.90 .09 1.03 1.6S 2.70 2.41 ves .90 1.27 .09 .36 .68 1.75 2.10 53.50 .35 -J5 6.20 3.05 7.50 dl.50 9.25 "7.00 Col Calgary Power Coron Credit Dofasco .21 W cable Grt Cdn Olt Gen Motors Gri Lakes Pp Gulf Oil Cda Greyhound 33 Hur A Erie 18.12Vi Hiram Walker 6.00 Imnsca 12.12W Int Nickel Int Pipe Inv Gro A Int Util Ind Accept Kaps Laurentide Kelly Doug A Loblaw A Met Stores .08 Massey Ferg McMillan Bloc Moore Corp 20.75 MotSons A Molsons B Norfh Cent Power Corp Price Co Rothmans St. Law Corp 57.50 Shell CDA Simpson's Simp Sears Steel of Cda Texaco Traders Grp A Trans Mtn Pp Trans Cda Pp Union Union Oil 26.1 Vh 19.00 8.25 80.25 16.25 36.25 12.25 12.75 5.75 13.75 19.50 20.25 20.00 38.00 3.35 .85 27.00 1.65 C.W.H. Gas Pfd Versatile Mfg Cdn Ind Cdn Marconi Cdn Vickers Chrysler C.P.R. 16.35" Westeel 5.12Vi Union Car 11.00 38.00 15.00 .12'A Cons Bath 12.00 Cons Gas 9.25 Dist Seagrams Horn Bridge .23 Domtar 2.3ii Dom Textile Dom Stores 4.70 Dome Pete Weston's B Woodward's A West Cdn Sed Zenith Elec BANKS 16.00 30.12% Cdn lmp 31.00 Montreal 17.12'A Nova Scot! UJJtt Royal 40.00 Tor-Dom 31.B7V2 49.75 27.73 27.13 Vi 10.75 23.75 21.12W 10.25 13.12% 7.67Vi 3.BO 7.12 21.50 1B.62V3 23.25 -18.25 29.75 29.09 11.50 13.25 12.00 17.00 19.00 53.62Vi 30.00 41.50 32.75 12.25 55.00 23.25 46.75 16.75 6.25 20.00 28.50 6.75 29.25 40.00 36.62V2 33.25 CALGARY (CP) A modern rail transportation system won t necessarily move more grain )ut it will move it faster and more efficiently, says Bob Shepp of Canadian Pacific Rail- Miscellaneous quotations Vancouver, Calgary, Montreal (Supplier! by Doherty, McCuaig Limited) LAST BID OR SALE Quotes) WESTERN OILS Alminex 5.W Alia East Gas 7.70 e.m. Ouolesl Husky Oil 17.50 Husky Oil B 42.50 Husky Oil War D 5.10 a.m. Quotes) Gr Equity 8.51 9.25 Asamen Inter Prov. Pipe 11.75 Ashland Oil Gas 13.12Vi IP Steel Pipe B.P. Cda 17.37VI Kaiser 7.BO 3.90 10.50 1075 54.00 .JIO 4.30 Cda South Cdn Export Gas Cdn Homestead Cdn Ind Gas Oil Cdn Superior Cdn Long Island Charter Chleffan Dome Pete Great Plains Great Cdn Oil Lochicl Expl. North Cdn Oil Numac Pancdn Pete Pan Ocean Petrol Pinnacle Place Gas Ponder Ranger Scurry Rainbow Spooner Seitetis Total Pete Ulster Western Decalta Westcoast Pete MISCELLANEOUS Aquitalnt 26.35 Srinco 5.75 Cdn Brew A Cdn Brew B ,...jst G. Invest Mutual 11 13 Mutual Ac 14.87V2 Mutual Gr F 5 30 Nat Res N W Cdn N W Gr Royft-nd Temp Gr 32.00 Lobl- _. Pacific Pete Rainier Sandwell Telcdyne wwt Cdn Seed 6.87'A ted Ac Whitepass Yukon 12-00 Universal Sa 3.55 4.10 62.00 .85 Vanguard Univest VANCOUVER MINES 40 62Va Weston A pfd 3200 CALGARY 8.25 Acroll 2.2B Barons Oil 695 N. Continental -01 West Warner .32 PIPE LINE STOCKS Alta Gas Trunk A 15.67Va Altfl Gas ptd 71.00 uavenpui i Alta Nat Gas Inland Nat Gas 12.00 D !ly North Cent Gas 11.50 27 North Cen B 25.50 17.50 Pac Gas Trans 12.50 .70 Gsz Metro Gas Metro Pfd A 68.00 TransCda Pipe 47.00 TransCda Pipe B 39.75 TransCda Pipe A 86.75 Primei TransCda P W 13.62W Pyramid Westcoast Trans 23.37Vz silver stand West Trans Wts 4.80 Texmont MUTUAL FUNDS Valley Copper 12.42 13.57 5.89 6.15 6.76 5.19 7.49 8.18 5.43 5.97 6.02 6.61 4.94 5.43 6.97 7.26 6.17 8.93 5.68 8.05 8.76 9.60 6.11 6.72 16.50 1.27 .35 13.00 8.40 1.15 6.30 10.50 Explor Bath None Dynasty Equitorlal Fort Reliance Giant Mascot Graisle Lorncx Lytton Minerals .66 3.65 .50 .05 .16 .34 5.60 6.00 7.00 1.87 .16 .39', .68 .35 E -ii I UHL. runua vaiiey t-upirei "5 Gt Pacific 4.87 5.32 INDUSTRIAL It'oo A" Cdn Com 9-18Block Bros Cdn Brew B 35.00 AIJ Cdn DIvid 9'.19 B.C. Sugar Cdn Pacific Inv. 23.12W AU Cdn Vent 4.26 4.65 B.C. Sugar Cdn Vent 25-50 Amr Gr F AGF Special 7-00 mvest F 12.00 col Mutual 16.25 cmnw inter 38.87Vi Cmnw Lev 37.50 cmnw Vent Corp Invest Hudson Bay Oil 51.00 Corp In St F 5.29 5.78 Albany Oil Hud Bay Oil Pfd 56.25 Dreyfus F U.S. 13.28 14.55 Plains Pete Hugh Russell Pfd 47.50 Gr In Shares 4-33 4.76 West Explw Crowsnest Ind, Cygnus A Cygnus B Falcon Copper Genstar Home Oil A Home Oil B Hudson Bay Co. Hudson Bay Oil 4.26 4.65 B.C. Sugar Pfd 15.00 6.51 7.15 capt Inter 3.55 3.45 Ccl Brew 3.25 5.19 5.69 Crestbroofc F Ind 3.50 7.04 7.73 Hys 3.35 15.15 16.65 Key Indust -54 4.17 4.58 Pacific W Air 23.50 8.1811.41 Stampede Intl .62 6.16 6.73 OILS F 5.29 5.78 Albany Oil -70 .38 New rail plan will get grain out faster, more efficiently-Shepp Western Canada will have a more efficient gram transporta- tion system when larger eleva- tors are built at fewer prairie pickup points, he told a cham- ber of commerce meeting here. In the future, he said, these Grain price review Winnipeg Grain WINNIPEG (CP) All com- modities were on a lower price tattern in a duller volume of rade today at mid-session on he Winnipeg Commodity ex- hange. Flax prices declined more han two cents, rapeseed drop- ped two cents, oats and barley were fractionally off previous close levels and rye posted light losses. Volume of trade Thursday vas bushels of flax, of rapeseed and of rye. Flax: Nov. 2ti lower Dec. lower May 1% Hog prices EDMONTON (CP) Average prices to 11 a.m. provided by the Alberta Hog Producers Mar- keting Board Friday: EDMONTON: 36.85; average Thursday 36.62. Red Deer: 36.85; average Thursday 36.51. Calgary: 36.85; average Thursday 36.61. Lethbridge: Nil; average Thursday 36.95. Lloydminster: Nil; average Thursday 36.65. Fort Macleod: nil; average Thursday 37. Grande Prairie: Nil; average Thursday 36.55. Total hogs sold Thursday average 36.66. Hogs sold to 11 a.m. Sows average 26.85. ower July 2 lower 3.40ViB. Rapeseed Vancouver: Nov. 2'A lower 2.90A; Jan. lower March lower 2.81'i; June 1% lower Rapeseed Thunder Bay: Nov. 1% lower Deo. low- er May 1 lower July 1% lower 2.65'.4A. Oats: Dec. unchanged 94; Jay lower 95V4A; July ower 95'AA. Barley: Dec. lower 1.27 B; May lower July Vi lower Rye: Dec. lower May lower July not open. Grain quotes Thursday (basis High Low Close Flax Nov 374 372% 372% Dec 341% 338'i May 343% 344 Jly 346 341VS Rapeseed Vancouver Nov 293 292% 2921 i Jan 291 287% 288 Mar 286 283S4 Jun 278% 278'.8 278V5 large elevators may cost about to build and will oper- ate 24 hours a day, seven days a week. The superintendent of CP Rail's northern Alberta division said an efficient system should deliver service when it is needed. "This change will take some time there will be a mix- ture of large and small grain elevators for a period, so the communities can adapt... but it can't be postponed indefini- tely." He said country elevator sys- tems cost more to operate today because the price of labor and materials are up and the "nip of inflation" has forced many of these facilities not to be used as extensively as they once were. Terminal grain elevators, however, are in good shape as long as storage is co-ordinated with ocean snipping demands. When too much grain is being stored at these points, he said, the additional cost comes out of western producers' pockets. "A modern grain transporta- tion system must be able to react to changes in the market. More main line facilities must be built and better co-ordina- tion of grain traffic must be made. Feedlot pollution minimal Herald Legislative Bureau EDMONTON Livestock feedlot operators in general have caused little pollution, En- vironment Minister Bill Yurko told the legislature yesterday. Replying to a question from Ralph Sorenson (SC Sedge- wick Coronation) the minister said a "pretty comprehensive" study of this pollution was done .ast summer by students hired by the government. He said there have been no feedlot operators closed down or threatened with closure as a result of the findings. "We'll review the report and perhaps table it next spring he added. Rapeseed Thunder Bay Nov Dec 262% May 269V4 Jly Oats Dec May Jly Barley Dec 128 May 131 Jly 13214 Rye Dec 127 May 135 Jly 133% Z60% 26714 94 95Vi 127 132 125 13H4 132% 26Iis 26714 126'B 134 13314 New I ork stocks (Supplied By RiclnrdsoB Securities of Canada) Amr T und T 51.00 Anaconda Beth Steel Chrysler Comsat Dupcnt GM Gulf Int Harvester Copper ____ Sears 19.25 X.Ron 28.87'A Texas Gulf 37.75 27.25 35.50 38.37'A Texas Co 63.75 Wlckes Corp 178.87'A Woolworth 81.25 Westlnshoust Elec 42.25 U.S. Steel 35.50 Gen Tel Elec 30.25 22.75 TORONTO AVERAGES Beef futures WINNIPEG (CP) Live beef futures: Close Wed. Nov 36.60A 36.00 Jan 38.90B 36.90 Mar 37.00A 37.00A Wednesday's volume: Eight contracts. Dividends By THE CANADIAN PRESS ZcIIer's Ltd., 7% cents; 4tt per cent pfd., cents; both payable Jan. 31, record Jan. 2. 1U.OO 20 Golds 175.26 off 1.50 10 Base Met 83.42 off .18 117.75 15 W Oils 240.72 up Volume NEW YORK AVERAGES 30 Influst 1.0M.21 up .52 20 Rails 227.37 up .31 15 Utilities 121.71 up .16 65 Stocks 327.24 up .28 R-enn copper IUKWHIU UJ r Montgomery Ward 29.12V4 20 Inoust 210.47 up .53 Volume DUTCH IMPORTED FOOD COMPANY Requires Driver Salesman Per Southern Alberta Apply In writing to: HOLTZHEUSER BROS. LTD. 10364 105th St. EDMONTON Salesman MOTOROLA MOTOROLA Our