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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 24, 1970, Lethbridge, Alberta Fractional hike in stock prices TORONTO (CP) Prices wrere mixed to fractionally higher in light mid-morning trading today at the Toronto stock market. On index, industrials were up .33 to 163.74 and base metals .30 to 89.27. Golds .32 to 180.72 and western oils .18 to 178.44. Volume by 11 a.m. was shares, compared with at the same time Monday. Gains outnumbered losses 90 to 74 with 171 issues unchanged. Strongest sectors were banks, industrial mining and utilities. Among rising issues, Famous Players was up to Acres to Hudson's Bay Oil and Gas to Endako Vs to Chamaloy 11 cents to and BP Oil and Gas five cents to Dome Pete dropped to Industrial Acceptance to Algoma Steel Vt to Sherritt to New Imperial 22 cents to and Hudson Bay Mining to BANKS GAIN MONTREAL (CP) Banks continued their good perform- ances on the Montreal stock market today, gaining Vh points after climbing more than two points Monday. Prices were higher in all other sectors ex- cept utilities. Trading was light. On index, banks gamed 1.50 to 171.43, industrials .46 to 165.84 papers .11 to 81.63 and the com- posite index .43 to 162.46, while utilities were down .22 to 142.25. Combined volume on the Montreal and Canadian Stock Exchanges to 11 a.m. wa shares traded, with the shares tha changed hands Monday. Pacific Petroleum rose Dominion Textiles Famous Players and'lip were Hollingc to Royal Bank to International Nickel to In ternational Utilities to As bestos Corp. to and Com inco to Among the losers, Credit Fon cier dropped to Bom hardier Ltd. y4 to taine to QSP Ltd. fy ti Interprovincial PipeLine to and Dumont Nicke Mines four cents to 74 cents. Bank of Commerce, up Vt tc reports net earnings million or a share for the year ended Oct. 31, com pared with million or at the same time last year. PRICES MIXED NEW YORK CAP) Stock prices were mixed today as the rally produced in Monday's ses sion ran out of steanr. At noon the Dow Jones aver age of 30 industrials was off 0.61 at 766.91. Among Canadians Mclntyre Porcupine gained 1 to and Dome Mines were up lk a Down 3A were Canadian Pacific at and Distillers Seagrams at On the American Stock Ex changes Scurry Rainbow Oi was off to and Cana- dian Javelin at Ask for this folder to learn how you may obtain an IDE loan to assist in starting, modernizing or expanding your business any- where in Canada, INDUSTRIAL DEVELOPMENT BAHK TERM FINANCING FOR CANADIAN BUSINESSES LETHBRIDGE, Alia.: Ave. South-Tel.: 328-9681 Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Dohcrty, Roadhcruse and McCuaig) a.m. Quotes) LAST BIO OK SALE a.m. Quotes) a.m. Quotes) WESTERN OILS Alminox Asamera Banff B. P. Oil Can Southern Cdn Exp Gas Ashland Cdn Home Cdn Indus Gas Cdn Long Island Cdn Super Cent Del Rio Charter Chieftan Dynarn Pcle Gt Plains Mill City New Conlinent Nui Jeff Lake 5.30 Joutcl 13.37V4 Kaiser Res Kam Kotla 1.95. Lake Ont Pf CO Mentor Ncwconcx Pac Pete Rank Organ 4.50 410 3.15 6.65 Shell Inv .57 36.09 9.95 6.25 7.00 1.17 27.00 1.72 Per Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Spooner West Dccalta MISCELLANEOUS INDUSTRIALS 7.70 .73 1.27 .75 1.2Z .61 12.75 21.25 H.05 5.90 Shell Inv Pfo Shell Inv Wts Sicks Rainier West Cdn Sd P White and Yuk CALGARY Acroll Anac Pete Batons Oil Norfh Cont Plains Pete West Warner Madison Rexdale Gr tn Shares 1.22 Invest Gr Invest Mutual 1.10 IOS Vent Mutual Ac F .70 Mutual Gr F 5.75 Mutual In Nat Res 15.00 N W Fin 31.50 N W Gr 31.50 N W Equity 13.37'A Principal Gr 3.50 Royfund 3.70 United Ac Universal Sav 2.98 3. 9.M 10 d.BO 5 3.26 3 4.5S 5, 3.95 4. 4.42 4. 6.48 7. 3.52 3. 4.27 4. 4.66 5. 3.50 4.B2 5. 4.20 4. 6.35 6. VANCOUVER !o9 Anuk Arctic Mining Alias Explor .37 Beth Copper ,43 Bornite Rldga .17 Block Bros Bretida Indus Aquataine Brit Nfld Corp Cdn Brew A Cdn Hyd Carb Cdn Pac Inv P CPR Pfd Cygnus A Cygnus B Cum Prop Gt Cdn Oil Sds Home Oil A Home Oil B Home and Pit Hud Bay Co Hud Bay Oil Hud Bay Oil P Husky Oil Husky Oil War Inler Pro Pipe Inf UMI Pfd Inter Steel Alta Gas Tr L A 48.25 Alta Gas Tr L Pfd 74.00 Cdn W Nat Gas 15.00 Inland Nat Gas 9.75 N and C 'M.PO Nand C B Pfd 28.50 Capt Churchill copper Croyden Dolly Varden Dynasty Ehdflko Fort Reliance Giant Mascot Grailsle Key Indust Growers B Hy's Interior Brew Jericho Kamloops Copper Gar. Metro .1.75 Tr Cdn Pipe 33.00 Tr Cdn P Pfd 30.50 Tr dn P Pfd A M 00 14.75 Tr Cdn P War 11.50 21.75 Westcoast Tr 1B.75 W Pacific d.70 4.30 MUTUAL FUNDS AG Special 2.91 13 87Va All Cdn Com 6.60 7.21 Lome; 3.80 AH Cdn Divld 7.64 8.35 Madrons 21 All Cdn Vent 3.21 2.51 New Cronin j 51 New Imp Mines 5.00 5.49 Okanagan Helicop 4.16 4.5S Primer 5.30 5.82 Pyramid 11 51 13.28 Silver Stand 2.79 3.06 Trojan 4.84 5.29 West Mines 4 31 f. 71 Westcoast Re3 22.00 Amr Gr F 14.50 Cdn Invest F Col Mutual 49.00 Cmnw Inter Cmnw Lev 6.65 Corp Invest 13.25 Corp In St F 2350 Dre'ytus F U.S. 10.44 11.44 West Explor Gr Equity 5.51 6.05 Utica Toronto mines., industrials Supplied by a.m. Quotes) Cr Abltibl Akan Algoma Steel Atco Ind Allan Sugar Bell Tel Brazil Trac B.C. Tel Burns B.C. Forest B.C. Sugar CAE Ind Cdn Drew Chemcell Col Cellulose Cal Power Coronation CVVN Gas Cdn Ind 1st Canada S S Cdn Marconi Cdn VIckers Chrysler CPR Cominco Cons Bath s Gas Dist Sea Dom Bridge Domtar i Textile Dom Stores Dome Pete i Play Fd of Amer it Cdn Oil ien Motors jt Lakes Pap Gulf Oil Cda Hawker Sid Huron, Eric Hiram Walk, mperial Oil m penal Tob nt Nickel Int Pipe inv Gp A nt Utilities ndiist Accept .aurentide (elly Doug A .oblaw A Metro Stores Massey Ferg McMillan Bloe lAoore Corp Poisons A 7.00 12.62V2 9.50' 7.62'A 45.62 14.75 60.00 23.00 15.00 4.20 6.62W 4.25 5.75 25.50 1.5Q 11.1214 9.25 3.25 9.00 26.50 62.62V2 21.25 8.75 1B.25 48.00 16.25 13.00 11.00 9.25 71.25 10.75 48.00 75.50 16.50 18.00 1.80 17.12'A 38.25 18.50 74.50 45.25 25.50 32.62W 16.50 6.00 4.85 3.80 4.95 27.00 9.25 24.00 31.15 13.75 Rtcnardson Securities of Canada LAST BID OR SALE a.m. Quotes) a.m. Quotes) B 13.62VI North, Cent1 Dembina PP 22.25 Power Corp 4.75 Price Co 7.50 Rolhmans 10.50 st Law Corp 19.00 Shell CDA 31.62% Simpson's 14.12% Simp Sears 22.00 Steel of Can 23.87% Selkirk A 11.00 Texaco 25.50 Traders Gp A 9.00 Trans Mtn Pp 18.50 Trans Can Pp 33.00 Union Gas 14.62% Union Oil 37.50 Westeel 8.75 Union Car 52.62% WCSton's B 19.75 West Cdn Sd 3.70 BANKS Can Imperial Montreal Neva Scotia al Tor-Dom MINES' Acme Advocafe Asb. Akaltcho Area Mines Belcher Iron Black Bay Bralorns Broulan Bethlehem Brunswick Canada Tung. Cassiar Central Pat., Conwest Cons. Rambler Coin Lake Cochenour Cralgmont DIckenson Mines Denison Mines Deer Horn D'Eldona Dome Mines Donalda Discovery Mines East Malarfic East Sullivan Fa Icon bridge 19.00 15.12% 19.25 2t.B7% 19.00 .06% 5.15 .53 1.70 .45 .07% 1.52" 13.'fi2% 4.25 1.90 21.75 2.52 1.38 9.75 .92 .15 1.35 21 .SO .07 1.22 1.15 l.dO 5.05 133.00 Frobex First Maritime! Giant Y.K. Gunnar Granduc Headway R.L, Hollinger Hud. Bay M-S Hydra Ex. Highland Bell Iron Boy ISO Joliet Quebec Kerr Addison Key Anacon Labrador Lake Shore Leitch Langis Silver Macassa Madsen R.L. Malariic G.F. Mar I In M'cNeely Mayhrun. Maslntyre Meta MIdrim Intern Mogul New Athena New Calumet New Imperial Noranda Northgate opemiska Oslsko Patino Pine Point- Placer Dev. P.C. Exp. Quebec Man Rayrock Radlore Rio Algom Roman Corp. Silverfields Sherritt Gordon Silver Miller Steep Rock Siscoe Tek Corp. Texmont Upper Canada Western Mines Wright Har. Willroy Windfall Yellowknife Br. Zenmac .91 1.05 10.00 1.27 7.10 ?.00 35.62 18.00 .19 2.90 3.10 l.ao .22 10.12' .28 33.50 3.30 1.63 .09 12.50 .19 147.00 .29 10.00 .14 .29 2.48 26.75 8.90 9.90 .38! 28.00 31.50 30.25 .28 15.00 6.6Q 1.75 15.00 .07 2.35 2.06 6.65 .47 2.08 3.45 1.30 1.33 .13 Neiv York stocks Supplied by Richardson, Securities of Canada Amr T and T 44.GO Montgomery Ward 28.12% 20 Golds 180.55 off Anaconda 21.25 Sears 10 Base Met 89.27 Up .3 Beth Steel Oil of N.J. 15 W Oils 178.81 up .19 Chrysler Texas Gulf Volume Comsat -1S.37W Texas Co NEW YORK AVERAGE Dupont 722.00 Wool worth 30 IndUSf 76S.91 off .61 General Motors Westinghouse Elec 20 Rails 147.35 off .65 5ulf 2B.OO U.S. Steel 29.00 15 Utilities 11251 up ,S9 Int Harvester 25.12% TORONTO AVERAGES 65 Stocks 2J5.92 off .26 enn Copper 34.75 20 Indust 164. 17 up .76 Volume Weekly egg prices EDMONTON (CP) Weekly gg and poultry report issued y ths Alberta department of griculture: Eggs To producers A arge 39; A medium 30; A mall 16; B 19; C 6; cracks 6. o retailers A large 51 to 4; A medium 41 to 42; A mall 27 to 28; B 33 to 34; 19 to 20; cracks 19 to 20. consumers (in arge 55 to 58; A medium 45 J. (Dyke) KWASNIE Representative Associates PMq, 430 Mayor Magrath Drive, lethbrldgs. Alia. Bus. 327-2985 Res. Let me show you How to turn Income tax into a retirement Income. THE MONARCH LIFE ASSURANCE COMPANY to 49; A small 31 to 36. Poultry To producers Live No. 1 chicken Broilers 19K. Fowl Under 4, 5. Tur key Under 12, 12 to 18 26K; over 18, 24. Live No. chicken Broilers, 17. Turkey 12, 12 to 18 over 18, 22. Famous players splits operation TORONTO (CP) Famou: Players Canadian Corp. Ltd. an- nounced plans Monday to sepa- rate its cable television and the- atre operations. The planned reorganization would result in virtual 100-per- cent Canadian ownership ot communications assets, in com- pliance with federal legislation. At present, Paramount Inter- national Films Inc. and its par- ent firm, Gulf and Western In- dustries Inc. of New York, hold 5J.15 per cenE of Famous Play- ers issued shares. Beef futures WINNIPEG (CP) Trading was light, and restricted to the month of March on the Winni- peg live beef futures market Monday. Open High Low Close Jan 30.00B Mar 30.20 30.20 Pol a to futures WINNIPEG (CP) The Maritime potato futures market was inactive Monday with bids and offerings being made, but no deal completed. Open High Low Close Mar 2.57N Apr 2.TOB May 3.11B Livestock report Lethbridge Livestock (Supplied by Canada Department of Agriculture) On offer to 11 a.m. 26o cattle and calves. Receipts mixed quality. Cat- tle market moderately active. Good and choice light butcher steers meeting only fair de- mand, prices easier to 25 cents lower. Steers over 12CO Ibs. are being discounted 50 cents to per cwt. Good and choice butcher heifers sell readily at steady rates. Cows no better than steady. Medium and good heavy feeder steers selling at firm rates. Choice steers 29 tn 3.70; good 28.25 to 29; medii 27 to 28.25. Choice heifers 28 to 28.60; good 27.25 to 28; medium 25 to 27. Good cows 19.75 to 20.25; me- dium 18.50 to 19.50; canners and cutters 15 to 18. Good heavy feeder steers over 900 Ibs. 29.50 to 30.75; me- dium 27 to 29. Butcher hogs sold Tuesday f.o.b. Lethbridge 24.05 to 24.15 base price. Calgary Livestock CALGARY (CP) On offer to 11 a.m. MST, about head; mostly slaughter steers and cows. Trade was active. Slaughter steers were 25 cents higher; heifers were steady with choice kinds scarce; cows and bulls were steady. Choice slaughter steers 29.50 to 30.40, good 28.50 to 29.50, me- dium 27.50 to 28.25. Choice heif- ers 28 to 28.50, good 27 to 27.75, medium 20 to 20.75. Good cows 20.50 to 21.40, medium 19 to 20.25, canners and cutters 14 to 18. Good bulls 23 to 24.50. Replace mcnt cattle were mostly heavy kinds selling at steady prices. Stock calves were scarce. Good feeder steers more than 750 pounds 29 to 30.60. Good feeder cows 19 to 22.25. Good slock heifer calves 32 to 36. Good butcher weight calves 30 to 34.25. Hogs base price 24.25 to 24.45, currently 24.25. Hog prices EDMONTON (CP) Prices to 11 a.m. today provided by the Alberta Hog Producers Marketing Board: Edmonton: Quoted 24.25 to 24.50, selling 24.50, average Monday 24.44. Calgary: Quoted 24 to 24.25, selling 24.25, average Monday 23.88. Lethbridge: Quoted 24.05 to 24.15, selling 24.15, average Monday 23.89. Tuesday, Novcmbor M, 1970 THE IETHBRIDGE HERAID IS Grain price review WINNIPEG (CF) There was fairly good exporter buy- ing in rapesecd with all Mures advanced at mid-session on Hie Winnipeg Grain Exchange to- day. The Vancouver November future had fairly active short coverings and thin offers. Some inter-month spreading was evi- dent. Flax trade continued light with prices steady to fraction- ally lower. Exporter buying was im- proved hi rye where offers were thin and deferred fuivrcs posted fractional gains. Oats and barley had light domestic shipper buying for eastern feeders with prices steady to fractionally lower. Monday's volume of trade was bushels of flax, of rapeseed and Dec. unchanged Hi lower 1.28% Barley; 1.28A; May July not open. Rye: Dec. unchanged May higher July Vt higher Prices for class two wheat for export to countries outside IGA: 1 Nor 2 3 4 1 Durum 2 1.78Vi; 3 4 1.65; IGA prices: 1 Nor 2 3 4 1.62'S; 1 Durum 2 1.78'A; 3 4 1.C5. Grain quotes Monday (basis High Flax- Dee 247V4 Low Close May 257 259 Rapcseed Vancouver Nov Jan May 329 286 2CG 324 283 Vi 263's of rye. Mid-session prices: I Rapesecd Thunder Bay Flax: Dec. unchanged 2.47B; Dec 260'A 258 May unchanged 2.57V4; July 265Vs higher I Jim Rapeseed Vancouver: Nov. Oats 9 higher 3.38B; Jan. higher i Dec March 17s higher j May 8G7s 86% May 1% higher 2.6C Jly KB. Barley 247 25914 329 283% Rapeseed Thunder Bay: Dec. 2% higher 2.61MB; April 2% higher June not open. Oats: Dec. unchanged 87A; May lower July not j May open. I Jly Dec May 128'-2 Jly Rye Dec 107% 2581k 2SC 270 87 86% 86 123 128% 114% 107% 114% 11654 Can Your Jeweller Answer "Yes" to these Important Questions 11 Is the diamond free from any flaws, cracks, carbon spots, cloudy textures or blemishes, of any kind? 2 Is the diamond of fine as a drop of dear water? 3 Is the diamond scientifically cut so as to bring put the greatest brilliancy? Is the selection of styles the widest and most unique available? Peoples Credit Jewellers do answer "Yes" and give you a written guarantee with every Certified Perfect Diamond to guarantee it. The strongest in Canada! brijliant solitaire nd engagement Certified Perfect" I1 i-sblitdire in o tlctssically pioonting; Ihtritjuing milled finish with 6 Certified Perfect Diamonds Pair ttff' i U 1 K A 1 I. 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