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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 22, 1971, Lethbridge, Alberta Western oils seek low level TORONTO (CP) Western! oils issues dropped to a low for the year, as prices on the To- ronto stock market, posted de- clines in slow mid-morning trad- ing today. The western oil index lost 4.93 to 190.40, a low since Dec. 16, 1970. Industrials were off .53 lo 163.2.3. Golds were up 3.81 to 150.42 and base metals .05 to 71.05. Volume by 11 a.m. shares, up from at the same time Friday. Declines outnumbered ad- vances 117 to 72 with 135 issues unchanged. Chemical, merchan- dising, pipeline, real estate and industrial mining issues drifted lower. Beverage, trust and loan and general manufacturing is- sues climbed fractionally higher. Dome Pete lost Hi to 527, Sn- pertest ordinary to Numac Va to Bow Valley to SM'.i and TransCanada PipeLines 1 to Noranda fell 1 to Impe- rial Oil to Canadian Industrial Gas and Oil U lo Labrador Mining >2 to Asamera 'H to Royal Bank gained 'R lo Moore to Dome Mines to Tara '.s to Calgary Power 'i lo S253.i and Eleclrohome Vi to Stocks Nomi MONTREAL (CPl Prices were off in all sectors except banks in light trading on the Montreal stock market today. On index, industrials lost .2-1 to 166.51, utilities .51 to 144.02, the composite .25 to 166.HI and papers .16 to 63.12. Banks rose .24 to 207.43. Combined volume on the Montreal and Canadian stock exchanges at II a.m. was shares, compared with 161.500 at the same time Friday. Dome Petroleum was off Sl'.z to Alberta Gas and Oil SI to Noranda Mines to Trans-Canada Pipe Lines to and Aquitaine to Royal Trust was up to Wall St. Noon IvEW YORK (AP) Blue chips inched higher today in ret atively light trading, but more stock market issues were down lhan up. The noon Dow Jones average of 30 industrial stocks was up 1.3 at 811.70. Declines maintained a lead of more than six to five over ad- vances among issues traded on the New York Stock Exchange. Among C a n a d i a n s on the NYSE, Dome Mines gained MB to and Granby Mining was up to Mclntyre Porcu- pine lost to and Canadian Pacific was down !'i to On the Amex, Scurry Rainbow Oil was off 7s to and Cana- dian Javelin lost Vi to Stanfield tells Trudeau rstop fooling MONTREAL (CP) Con- servative Leader Robert Stan- field called on Prime Minister Pierre Trudeau Sunday to "stop fooling around" and get down to the business of running the country. He said Canadians may have been impressed with the prime minister's style before, but now they want "less style and more substance" and "fewer excuses and more action." Speaking mostly in French to people at a SSO-a-plate fund raising dinner held by the Quebec Conservative Associa- tion, he said Mr. Trudeau's gov- ernment has failed since I960 to create a spirit of confidence in Canada. "Because of ill errors, its in- ertia, its tactlessness, let us even say because of its incom- petence, the current govern- ment has lost the confidence of businessmen, unions and farm- ers." The government has failed to curb high unemployment and rising inflation or to stimulate economic growth and has caused worsening relations be- tween Canada and the United States. CHOICE OFFICE SPACE FERNALVA HOUSE 3rd Ave. and 12fh Si. S. 800-1000 square ft. Can Be Subdivided Service Write P.O. Box 217f Lethbridge. Phone 327-1803. Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Dohcrty, Roadliousc and McCuaig) LAST BID OR SALE a.m. Quotes) i Alta East Gas Asamera Ashland BP Oil and Gas Can Soulh Cdn Ex Gas Cdn Homesld Cdn Home Pfd Cdn !nd Gas Oil Cdn Long Is Cdn Super Cer> Del Rio Charter Cnieflan Dome Pete Dynamic Pefe Greaf Plains Oil Hud Bay Pfd Hugh Russell 5.55 Husky Oil Husky Oil B 10.50 Husky Oil War 5.60 Inter Prov Pipe 5.45 Inter Prov Steel 3.00 Kaiser Res 7.45 Lake Dufault 1425 MGF Manage Pacific Pete a.m. Quotes) Gr F .55 36.00 Sick's Teledyne West Cdn Seed Whito Yukon CALGARY Barons Oil Madison Norlh Cant 51.00 Mut1 19.50 Nat Res NW Fin 42.50 NW Gr 6.15 Principal Gr 12.12V'a Royfund 6 75 Temp Gr 400 United Ac Universal Sa 1.75 Univesi 27.75 Vanguard 2.M i.16 4.73 4.IB J.: J.99 5.. 3.67 A.O 5.15 5.3 4.67 5.3 4.50 4.00 4.55 673 7.3 5.0-1 5.5 10.0 VANCOUVER MINES c Mini i Explo Norsi .24 Churchill Croyden Dankoe Ne Cent Cdn Oil Numac Pan Ocean Permo Pefrd Pinnacle PIPELINE STOCKS Dynasty Alia Tr L A 47.75 Fort Relii Mascot Grani5le Kamlcraps Copper 6.15 Lytton Primei Pyrarr .00 MISCELLANEOUS INDUSTRIES qualaine 23.75 rinco 4.90 In Brew A 30.00 33.50 Cdn Pacific Inv Cmn lnt sales to- day or Friday. total hogs sold i.ain. Aver- age 24.79; sows averaged By Gene Fawcette EVERWJE MAYBE MENTALLY RETARDED TO SOME HESREE, SAYSASCISN7ISTATTHE HARVARD MEDICAL SCHOOL. STARVATION LEADIN3 CAUSE OF NEWE AND BRAIN BODILYINJURYAT BIRTH SEEMS IN SOME MEASURE TO BE V- MINIMAL INJURY 'ACCOUNTS FOftSCME DirreKMCS S FAMILY" Int Harvester V.W, Kenn Copper 20.50 Montgomery Ward 36 50 ;tinghcuse Elec B6.00 U.S. Steel 25.62'. 'TORONTO AVERAGES 10 IndUEt 163.53 off .33 91.87V: 20 Golds 150.43 up 3.S2 69.50 10 Base Met off .09 11225 15 W Oils 169.E5 off S 4E 30.50 Volume nn NEW YORK AVERAGES 31 Indurt B11.70 up 1.03 20 Rails 215.50 off .32 15 Utilities 110.36 off .35 65 Sfochs 2E1.-58 off .08 Volume INTERIOR BREWERIES LIMITED CRESTON, B.C. Dividend No. 55 NOTICE is hereby given thai a quarterly dividend of five cents (.05c) per share on the outstanding common of the company has been de- dared payable December 15, 1971 to shareholders of re- cord December 1, 1971. By Order Of The Board H. J. LeMOIGNE Secretary-Treasurer. CANADIAN IMPERIAL BANK OF COMMERCE CONDENSED STATEMENT OF ASSETS AND LIABILITIES (as at October 31, 1971) ASSETS Cash resources Government and other securities Loans, including mortgages Customers' liability under acceptances, guarantees and letters of credit, as per contra Bank premises Other assets Total assets LIABILITIES Deposits Acceptances, guarantees and letters of credit Other liabilities Accumulated appropriations for losses Capital, rest account and undivided profits Total liabilities 1971 1970 STATEMENT OF REVENUE, EXPENSES AND UNDIVIDED PROFITS (year ended October 31, 1971) REVENUE Income from loans Income from securities Other operating revenue Total revenue EXPENSES Interest on deposits Salaries, pension contributions and other staff benefits Property expenses, including depreciation Other operating expenses, including provision for loan losses Total expenses Balance of revenue Appropriation for losses Balance of profits before intJITe taxes Provision for income taxes Balance of profits for the year Dividends Amount carried forward Undivided profits at beginning of year Transfer from accumulated appropriations for losses Transferred to Rest account Undivided profits at end of year 43.083.155 23.691.200 STATEMENT OF REST ACCOUNT (year ended October 31, 1971) Balance at beginning of year Transfer from undivided profits Balance ill end of year More than 1500 branches in Canada Monii Office: Toronto. Regional Olticrs in Vancmiv Offices throughout the world '.VwYotk rorllntul, Orrnon Scnnlc Lnn Ciren.Ki.l Jam.lir.l .Si. Si. Vmri n wholly ownrtl subsidiary will] 17 Gunrt C.iym.i S RoQina Winnipeg Anqoi San I i.inti'co Briisrds ;