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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 18, 1971, Lethbridge, Alberta Stronger trend evident today TORONTO (CP) Western oil issues posted strong ad- vances as prices in all sectors of the Toronto stock market moved higher in active mid- morning trading today. The western oil index was up 1.97 to 198.76, industrials .60 to 163.93, golds .53 to 142.22 and base metals .05 to 71.03. Communications, merchandis- ing, oil refining and pipeline is- sues posted moderate advances as 15 of the industrial index's 17 sub-groups climbed higher. Analysts said many investors who have remained out of the market in recent weeks now are oversold during the market's buying issues which have been oversold during the market's lengthy decline. General Products A was up 13 to The company owns a large share of Supertest Petro- leum which currently is in- volved in merger talks with BP Canada Ltd. Revised terms of (he agreement will be presented to Supertest shareholders next week. Supertest ordinary was up 731 to 560 and the common shares 2 to Ocean Cement gained 2 to Dominion Textiles 3s to '.i, Sherritt to Numac lk to Walker-Goodcrham Vi to ?39 and Canadian Imperial Bank Va to Tara was off to to Bea- ver Lumber Va to H, Crush International to Elec- trohome to and Royal Bank Va to stocks noon PRICES UP MONTREAL were up in all sectors in light trading on the Montreal stock market today. On index, industrials were up .82 to ISO.90, utilities .18 lo 144.84, banks .44 to 205.61, the composite .65 to 167.08 and pa- pers .22 to 67.41. Combined volume on the Montreal and Canadian stock exchanges at 11 was shares compared with at the same time Wednesday Highlighting gains on the Montreal Stock Exchange, Can- ada Malting Co. was up Si to S25V2, Dome Petroleum lo Noranda Mines to and Imperial Oil >z to Soulham Press was off to On the Canadian Stock Ex- change, Belgium Standard Lid. was off to and S. and L. Diversified Vi to New Hosco Mines Ltd. was up 58 cents to on an issue of 425. SLOW TRADING NEW YORK (AP) Slock market gains were eroded somewhat but remained higher than Wednesday s close in slow trading today. The noon Dow Jones average of 30 industrial stocks was up 2.41 at 824.55. Earlier it was up more than 3 points. Up 3S) each among Canadians were Hudson Bay Mining at S17 and International Nickel at I Distillers Seagrams was ahead Vi at Alcan was down Vi at On the American Stock Ex- change, Brascan Ltd. was vp U at Canadian Javelin and Canadian Marconi were off "s, at and respectively. Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Dohcrty, Roailhouse and McCualg) LAST HID OR SALE Quotes) WESTERN OILS a.m. Quotes) a.m. Quotes) Almlno Alia East Gas Asamera Ashland BP Oil Gas Can Soulh Cdn Ex GBI Cdn Home Pfd Cdn Ind Gns Oil Cdn Long la Cdn Super Cc-n Del Rio Charier Chlefian Dome Pole Dynamic Pete Gt Plains Gt Cdn Oil Lochiel Mill City New Cent North Cdn OH NumEC Pan Ocean Per mo Petrol Pinnacle Place Gai Ponder Ranger 5.10 5.60 13.37VJ 5.75 S.tS 3.15 7.60 14.25 9.12 Vi .sa 3575 14.62V} e.ts 30.00 .90 29.00 .1.70 1.23 1.73 .60 5.50 9.55 .37 1.30 Hud Bay Oil -11.00 AAut Accum 4.90 5.39 Hud Bay Oil Pfd 51.75 Mul Gr Fund 4.61 5.07 Rain Spooner Seibens Total 5. Ulster 1. vy. Decaita West Pele 8. MISCELLANEOUS INDUSTRIALS 13.50 .91 Aqualaine Brlnco Cdn Brew A Cdn B Cdn Pacific Im Cygnus A Cygnus B Gensar Home A Home B Hud Bay Co 23.75 4.95 30.50 33.50 Z2.2S 24.50 5.00 5.50 11.25 2C.5i'i 16.50 Hugh Husky ON Husky Oil B Husky Oil War Inler Prov Pipe Inter Prov Steel Kaiser Res Lake Dufaull MGF Manage pacific Pele sick's Teledyne West Cdn Seed While Yukon CALGARY Acroll Barons Oil Madison Norlh Cont West Warner Alia Gas Tr A Alta Gas Tr pfd Alta Nat Gas In Nat Gas Her and Cent Nor and Cent B Pac Gas Trans Gai Metro Gaz Metro A Trans.-Lda Pipe Tr-Cda Pipe B Tr-Cda Pipe A Tr-Cda P Warn West Trans MUTUAL FUNDS Great Pacific Al Cdn Com All Cdn Oivl AM Cdn. Vent Anier Gr Fd fJ-il pcsuorces Finance >wth Prin Growth Royfund Tern Growlh Un Accum Un Saving! Univest Vanguard VANCOUVER 4M Arllc Mining Alias Explor Belli N'orsemlnes Brtnda Church Copper -15 Croyden .0! Dankw .55 Dolly Varden 4E.50 Dynasty 78.50 Fort Rellpnc Giant Moscol 11.75 Granisla 13.50 Kam Coppfif !7.75 Lornex 1! 42''j Lytton Minerals 5.121 j Primer fii.OO Pyrnmid Silver standard 41 CO ft.lo 12.00 7.00 4.00 10.25 1.75 4.17 5.09 3.17 5.15 J.B4 4.55 4.75 S.07 5.55 9.21 10.09 .05 Vi .95 41.00 tM.75 9 50 23.75 Texi Trojan Valcy Copper West RsourceS Industries 4.60 Bock Brothers 7 68 B.39 B.C. Sugar 8.63 9.43 B.C. Sugar pfd 3.39 3.70 Cap Inler 5.63 6.18 Crest Forest Ind .06 2.75 17.75 15.75 4.00 3.25 AG.F. Special 2.60 Grower's Cdn In Fund 4.34 Key Industries Coll Mutual 5.51 6.05 Hys Comm Inter 12.22 13.43 Int Brew Comm Lver 3.06 Inter Mariner Corp Invest 5.06 5.33 Ok Heicopter Corp liw 5t Fd 4.58 5.01 Pac West Air Drey Fd U.S. 11.29 12.37 Stam Int' Res Gr in Shares 3.13 3.44 Ois Gr Equity 5.75 6.31 Abany Oils Inv Gr Fund 10.03 11.03 Plains Pete Inv Mutual 4.95 5.45 West Explor .66 5.50 11.) Hi .76 .36 .21 .10 Toronto mines., industrials (Supplied By Richardson Securities of Canada) LAST BID OR RALE a.m. Quotes) a.m. Quoles) a.m. Quotes) Woolcv THIS WEEK'S SPECIAL from our CARPET DEPT. Woolco's volume buying has made if possible for us to bring you these ex- ceptional prices and real carpet savings OZITE STYLE TREND 100% nylon face, high density foam rubber back. Choose from 10 decorator colors. Reg. Woolco Price 7.95 sq. yd. 6 .79 sq. yd. Open Monday, Tuesday and Wodnesday 9 a.m. to 6 p.m. Thursday and Friday 9 a.m. to 9 p.m. Saturday 9 a.m. lo 6 p.m. College Shopping Mall 2025 Mayor Magrath Drive MINES Acme Advocate Asb. Akaitcho Black Bay Bralorne Broulan Bethlehem Brunswick Canada Tung. Cassiar Cenfral Pat. Chlmo Con west Cons. Rambler Coin Lake Cochcnour Craigmonf Dickenson Mine Denison Mines Deer Horn D'Eldona Dome Mines Donalda Discovery Mines East Malarflc East Sullivan Falconbridge Frobex First Giant Y.K. Bovis Granduc Headway R.L. Hollinger Hudson Bay M.-5 Hydra Ex. Iron Bay Iso Joliet Quebec Kerr Addison Key Anacon Lsbradcr Lske Shore Langls Silver Madsen R.L. MalarJic G.F. Martin McNeely Maclntyre Meta Midrim Intern Mogul New West Home New Athona New Calumet W. Horse Copper Noranda .22 1.55 .35 .03 1.30 .21 15.25 7.95 1.55 17.50 1.15 .95 7.25 1.28 .09 .30 7-25 Northgate Norlex Opemiska Osisko Palino Pine Point Placer Dev. P.C. Exp. Quebec Man Rayrock Radiore Rio Algom Roman Corp. Sherritt Gordon Silver Miller Steep Rock Tek Corp. Texmont Upper Canada Western Mines 4.60 .22 1-05 Dom Stores Dome Pete .45 Dotasco .20V'j CAB .00 Fd of Amer Gt Cdn Oil Gen Motors .61 Gt Lakes Pp Gulf Oil Cda Greyhound .19V; Hawker Sid 12.75 5.25 12.25 1-52 2.50 Huron, Er._ Imperial Oil Imasca Int Nickel Int Pipe Inv Gp A Int Utilities Induct Accept Laurentide 20.25 Wright Ks.-greaves 1.11 Kelly Doug A .75 2.65 6050 .24' .50 6.90 1.60 3.10 6.00 33-75 16.75 3.05 1.10 .181', 6.20 3J.50 2.20 .56 .07 40.00 .10 .12 7.00 7.50 1.60 27-75 Willroy Windfall .OB Yellowknlfe Bear 4.05 Zenmsc -OB INDUSTRIALS Abltlbi 6.75 Alcan Algoma Sttt 'i Atco Ind Atlan Sugar Agra Indus! Bell Tel Loeb Loblaw A Metro Stores Massey Ferg McMillan Sloe Moore Corp 16.17VJ Molsons A 11.37V? Molsons B 6.75 North, Cent 6.00 Power Corp 8.12% Price Co 45.00 Roihmans B.C. Tel Burns B.C. Forest B.C. Sugar CAE Ind Cdn Brew Chemcell Col Cellulose Cal Power Coron Credit C.W.N. Gas Cdn Indus! Canada S S Cdn Marconi Cdn Vickers Chrysler CPR Cons Bath Cons Gas Dist Sea Dom Bridge Domtar Dom Textilft 60.00 12.00 16.00 17.75 4.05 4.35 2.E5 25.25 1.00 11.00 13.00 39.00 2.75 8.75 26.75 11.67V7 5.62 Vi 19.00 54.00 21.25 9.75 18.25 lorp Shell CDA Simpson's Simp Sears Steel of Can Selkirk A Texaco Traders Gp A Trans Mtn Pp Trans Con Pp Union Gas Union Oil Versatile Mfg Westeel Union Car Weston's B Woodward's A West Cdn Sd Zenilh Elec BANKS Can Imperial Montreal Nova Scotia Royal Tor-Dom 29.00 20.62V2 12.75 41.50 d.60 77.00 23.62V2 14.25 2.10 23.75 2B.17V3 17.75 27.15V7 6.25 33. 37 18. 37 1 '2 9.25 5.25 3.20 5.00 14.75 8.87V2 22.00 35.00 17.50 17.50 13.SO 4. 30 5.75 14.00 19.00 20.25 15.25 31.25 14.62VJ 20.50 34.00 :.35 12.50 13 Oil 14.75 22.37% 4.55 2.20 22.25 15.75 26.00 26.25 25. 2S New York stocks (Supplied By Richardson Securities of Canada) 70.25 Amr T and i 34.00 sears Anaconda 12.75 Std Oil of N.J. Beth. Steel Texas Gulf Chrysler 22.75 Texas Co Comsat Wick Corp Dupont 139.00 Wooiworth Gen Motors West Elec Hit TORONTO AVERAGES Mont Ward 28.75 20 Ind 1W.21 up .94 20 Golds up .34 M 10 Base mef 71'" up -13 15 Wst Oil 198-53 up 1.74 AtlS Volume NEW YORK AVERAGES 87.75 30 Ind 824.55 up 2.41 2S 75 'O 321.11 off 39 15 "P -lfl fis sfocks 2M-41 p 37 Volume Grain prices Winnipeg Grain WINNIPEG (CP) Trading was extremely light and fea- tureless at mid-session on the Winnipeg Grain Exchange to- day. Prices were moving only fractionally except for the nearby flax and Vancouver rapeseed which were up to two cents lower on local activity. Wednesday's volume of trade was bushels of flax, OCO of rye and of rape- seed. MID-SESSION Flax: Nov. 2 lower Ti c. higher May is er July >i higher 2.45A. Rapeseed Vancouver: Nov. V.'t lower Jan. low- er 2.67'aB, March unchanged June I lower Rapeseed Thunder Bay: Dec. unchanged 2.49'iB, May higlier July not open. Oats: Dec. unchanged 66A, May unchanged 67UB, July not open. Barley: Dec. unchanged May unchanged 1.07'iA, July unchanged 1.06 Rye: Dec. lower May unchanged July not open. WINNIPEG (CP) Grain quotes Wednesday (basis Lake- High Low Close Flax Nov 235 234Vi Dec 2323j 232 May 243 Vi 242% July 244V2 244'i Rapeseecl Vancouver Nov 23514 2653i Jan 266% 263'i Mar 265Ts 264 U June 264'.i 282% 264 Rapeseed Thunder BaySl -Tliiindoy, Novtmbir II, THI OTHMICOI HtRAiO 27 Livestock market report 249H 258 !i Dec May Jly Oats Dec 66'i May Jly Barley Dec 105 May 103 Jly Rye Dec ilay 953i 102 Vi 104% 107% 94 Vi 249Vi 258 66 67% 67% 107% 102'i 102'', Lethbridge Livestock NOT AVAILABLE AT PRESS TIME TODAY Calgary livestock CALGARY (CP) Receipts on the Calgary Livestock Mar- ket to 11 a.m., about head; mostly good and choice slaugh- ter steers and cows. Trade was strong and active. Slaughter steers were fully steady; heifers were steady with sales to 32.20; cows were mainly medium and earner kinds with all grades at steady pricas; bulls were steady for quality. Choice slaughter steers 33.50 to 34, good 32.25 lo 33.25, me- dium 31 to 32. Choice heifers 31.50 to good 30.25 to 31.25, Net earnings By THE CANADIAN PRESS Electro home Ltd., nine 1971, 1970, months ended Sept. 30: 52.80 a share; Four Seasons Hotels Ltd., nine months ended 30: 1971, 59 cents a share; 1970, 45 cents. Laurcntidc Financial Corp. Ltd., nine months ended Sept. 30: 1971, 81.1 cents a share; 1970, Molson Industries Ltd., Gix months endtd Sept. 30: 1971, 82 cents a share; 1970, 74 cents. Hothmans of Pall Mull Can- ada Ltd., three months ended! Kcd Sept. 30: 1971, 1970.1 Wednesday, J3.W. Stafford Foods Ltd., nine merihs ended Sept. 30: 1971, 1970, medium 29 to 30. Good cows 20.25 to 21.50, medium 18.50 to 20, canners and cutters 15.50 to 18. Good bulls 22 to 23.00. Replacement cattle were mostly slock calves. Steer calves were steady for quality. Heifer calves were higher with good kinds to a hun- dredweight. Replacement cattle were scarce with most of the offer- ing in tlie range. Good steers more than 750 pounds 32 to 35.M. Good slock calws 3D 10 4-1, common to medium 34 to 42. Good stix'k ln'ifer calves :C to 35.00, common In medium 151 to 32. on price 70. Lambs wen1 Wednes- day with good kinds 21. Regiment heads for Arctic to start military scheme EDMONTON (CP) The Canadian Airborne Regiment heads for the Arctic during the weekend to start military ex- ercise Northern Lancer II. When the 800 members of the regiment parachute into sub- zero temperatures near Res- olute, on Cornwallis Island, 503 miles north of here, it will IK tire most northern point in the Northwest Territories at which Canadian land troops have exercised. The regiment will be flown Hog prices EDMONTON (CP) Aver- age prices to 11 a.m. provkk-d by the Alberta Hog Producers Marketing Board: Edmonton: K. 90; averaec Wednesday, 26.07. into action by Hercules of 435 Traasport Squadron and Buffalo aircraft from 440 Transport and Rescue Squad- ron, both based at Canadian Forces Base Namao a few miles north of here. Most of the exercise will take place in darkness and tactical movement across the unfam- iliar terrain will be navigated by fta stars and directed by the Calgary-based 1 Signals Sjuad- rcn of 1 Combat Group. Tiie au'lrorne regiment has another exercise- aiming up in the spring on sun- (hx-iK-hc-d QirihUsm ishiml of Jam.iion. Beef futures WINNIPEG (CP) Live beef futures Tuesday: Nov. 34.25B; Jan. 33.70B; Mar. 32.97; May 31.75B. Tuesday's volume: six con- tracts Calgary: 23.70; average Wednesday, Lelhbrid'gc: No sales; age Wednesday, 23.71. Lloydminster: No av- erage Wednesday, 25.50. Grande Prairie: No sales, av- erage Wednesday. 25.12. Tots! hogs sold, C71; hogs sold Wednesday, 5.032; average 25.99; sows average, 13.35. CHOICE OFFICE SPACE FIRNELVA HOUSE 3rd Avc. and 12th St. S. 800-1000 square ft. Con BB Subdivided. Srrvitt. Write P.O. Box 217, lethbridgc. Phone 327-1803. Potato futures WINNIPEG (CP) Marl- ime potato futures: No trades Tuesdsv. d an 1003 4th Avenue S., Lethbridge Telephone 328-4426 tJLj ata SMART EXECUTIVES Lease Their Business ond Personal BECAUSE Leasing can be less expensive than buying leasing is time saving and convenient Leasing simplifies your tax records No cash investment required For tliB complete facts on leasing contact BORIS KORESHENKOV, leaving and In.uronc. Rep. BENY AUTOMOTIVE ENTERPRISES LTD. 2nd AVE. and 8th STREET S. PHONE 327-3147 Keg-shaped bottles may go SASKATOON (CP) Cana- dian Breweries Ltd. has ad- vised the Saskatchewan Liquor Control Board that it is consid- ering withdrawing its keg shaped beer bottles from the Saskatchewan market, J. A Gardiner, acting board chair- man said Wednesday. All but one brand of beer, a product of Canadian Breweries of Saskatchewan, is marketet in the same shape of bottle. In Ontario, Premier William Davis' office announced fhat thfi keg-shaped bottles will be taken off the market, and Ken Baker, deputy chairman of the Alberta ByGeno Tawcette TWO AWJOR PROBLEMS OFIHE MUCH-PUBLICIiED AIR BAS AUTO SAFETY SYSTEM AWYHWE BEEN SOLVER ABASOFA SPECIAL STRETCH FABRIC AKP ANEWpUAUNFLATION DEVICE IMPACT AND REBOUNDAWOJTS THE LOUD NOISE OFTHE SPLIT-SECOND TMSAUKtS THE SIR BAG A UKtlY WINNtKINWCMCe SYSTfM CAIUPFORBim 3V4Z St. W. M.n'nol I Jo, Canada. Liquor Control Board, said Ure board would hold meetings this week to discuss standardization of beer bottles in the province. Some breweries complained about the keg-shaped bottle when it was introduced in 1970. SIMPSONS-SEARS requires MANAGEMENT TRAINEES To fulfill our Management requirements due to the continuing expansion in the Calgary area. QUALIFICATIONS: University or an extensive background In the Re- rail field at the supervisory level. We offer top earnings and an excellent benefit pro- gram along with unlimited opportunity for advance- ment, Apply In Person Simpsons-Sears Personnel Lethbridge HOMEOWNERS Equity loans qualify It pays to do business ariestqbbshed company.' TR3DER5 CROUP LIMITED fast, 48-hour APPROVAL SERVICE Phone 328-3348 John Churchill, 1st Duke of Marlborough (1650-1722) had the uncanny ability of appearing before his adversaries a day earlier than expected. Marlborough's skill on the battlefield was only exceeded by Ihe adroitness candor and success of his diplomacy. His continual accuracy In evaluating the connection between "cause and effect" is still admired today. The Research Department of Richardson Securities of Canada Is vitally concerned with the pivotal investment issues of "cause and Our research analysts carefully examine and evaluate potential invest- ment opportunities for our clients. This information is then forwarded through our instant communication system to Richardson Securities rep- resentatives in North America, Europe and the Far East. Marlborough made his military and diplomatic decisions in the light of the latest and most precise available information. We feel that investment decisions should be made with no less care and deliberation. Isn't that what you want from the people through whom you invest. RICHARDSON SECURITIES OF CANADA AFHUATBOF JAMES RICHARDSON SONS, LIMITHD OFFICES IN 33 CITIES ACROSS CANADA NCW YOflK, CHICAGO. IONDON, FRANKFURT. HONG KONC, STOCKS BONDS MUTUAL FUNDS COMMODITY FUTURES 709 4lh AVCNUE SOUTH, LETHBRIDGE. ;