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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) were mixed to fractionally, higher to 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 Vi to Endalio to Chamaloy 11 cents to and BP Oil and Gas five cents to Dome Pete dropped to Industrial Acceptance to Algoma Steel >4 to ?1234 Shcrritt to New Imperial 22 cents to and Hudson Bay Mining Vs to BANKS GAIN MONTREAL (CF) Banks continued their good perform- ances on the Montreal stock market today, gaining Vk points after climbing more than two points Monday. Prices were higher in all other sectors ex- cept utilities. Trading was light. On index, banks gained 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. was shares traded, compared with the shares that changed hands Monday. Pacific Petroleum rose 3A to Dominion Textiles to Famous Players to and'up Vt were Hollingcr to Royal Bank to International Nickel to In- ternational Utilities to As- bestos Corp. to and Com- inco to Among the losers, Credit Fon- der dropped Va to Bom- hardier Ltd. to Aqui- taine to QSP Ltd. M to Interprovincial PipeLines to and Dumont Nickel Mines four cents to 74 cents. Bank of Commerce, up Vi to reports net earnings o' million or a share for the year ended Oct. 31, com- pared with million or 1 at the same tune last year. PRICES MIXED NEW YORK CAP) Stock prices were mixed today as the rally produced in Monday's ses- sion ran out of steam1. At noon the Dow Jones aver- age of 30 industrials was off 0.61 at 766.91. Among Canadians Mctntyre Porcupine gained 1 to and Borne Mines were up lk at Down were Canadian Pacific at and Distillers Seagrams al On the American Stock Ex- changes Scurry Hainbow Oil was off to and Cana- dian Javelin Vt at Ask for this (older business Aoans anywhere to learn how you may obtain an IDE loan to assist in starting, modernizing or expanding your business any- where in Canada, INDUSTRIAL DEVELOPMENT BANK TEBM FINANCINS FOR CANADIAN BUSINESSES LETHBRIDGE, Alia.: Ave. SoutH-Tel.: 328-9681 Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty, Roadhouse and McCuaig) LAST BIO OK SALE Livestock report Quotes) a.m. Quotes) WESTERN OILS Jeff Lake Aimfnox Asamera Banff B, P. OH Can Southern Cdn Exp Gas Ashland Cdn Home Cdn Indus G33 Cdn Long Island Cdn Super Cent Del Rio Charier ChiGftan Dyitam PeJe Gf Plains Mil! City New Comment Numac Permo Petrol Pinnacle Piacc G3S Ponder Ranger Scurry Rain Spooner West Oecalla MISCELLANEOUS INDUSTRIALS 1.22 Ako Indus Aqyatoine Brit Nfld Corp Cdn Brew A Cdn Hyif Carb Cdn Pac !nv P CPR Pfd Cygnus A Cygnus 8 Cum Prop Gt Cdn OH Sds Home Oil A Home Oil B Home and Ptt Hud Bay Co Huti Bay Oil Hud Bay Oil P Husky Oil Husky OH War Infer Pro Pipe In! Ufil Pfd Inter Steel 5.30 Joutel Kaiser Res 12.1 SVi Kam Kotla .1.95 Lake ont Pt Co 4.59 Menior Nowcoriox 9.15 Poc Pete 6.65 Rank Organ 1U2% inv .57 Shell inv Pta Shell Inv wis Sicks Rainier West Cdn Sd P Whlfe and Yuk CALGARY Anac Pete Baitms Oil North Conf Plains Pele West Warner Madison Rexdnle -W, PtFSLlNE STOCKS Alia Gas Tr L A 48.25 Alia Gas Tr L 74.00 Cdn W Nat Gas 15.00 Inland Nat Gas 9.75 N and C TM.PO Naud C 8 Pfd 2B.50 Gar. MelrD '1.75 2d Tr Cdn Pipe 33.00 Tr Cdn P Pfd 40.50 30 50 Tr dn P Pfd A 61 00 1475 Tr Cdn P War 11.50 21.75 Westcoast Tr 18.75 8 W Pacific 4.70 MUTUAL FUNDS 36.03 9.95 4.25 7.W 1.17 27.CQ 1.7! .W 7.70 .73 H.05 5.93 1.10 1.90 .70 5.75 15.00 3 31.50 31.50 13.37V4 3.50 a.70 16.62VJ 1.15 .37 Gr In Shares invest Gr Invest Mutual I OS Vent Mutual Ac F Mutuaf Gr P Mutual In Not Res N W Fin N W Gr N W Equity Principal Gr RoyfUfid United Ac Universal S3v 2.9B 3.28 9.M 10.54 AM 5.55 3.26 3.56 4.56 5.04 3.95 4.34 4.42 4.06 7.30 3.i2 3-E7 4.27 4.69 4M 5.12 3.50 3.86 4.B2 5.07 4.28 4.62 9.5S 2-9' 6.60 7.2! 7.6-1 8.25 3.21 2.51 J.51 d-95 5.S9 5.4V vU6 4.58 5.30 11.53 17.78 2J9 3.05 Cora invesr 4.84 5.29 IMS Corp in SI F J31 471 23.58 Dreyfus F U.S. 1S.44 11.44 7.WV4 Gr Equity 5.51 6.05 5.3W2 AG Special All Cdn Com 3 so AH Cdn Dtvld All Cdn Vent 22.00 Amr Gr F 1 88 Cdn Gr 1459 Cdn invest F Col Mulual .49.08 Ctnnw Inter Anuk Arctic Mining Alias Explor Beth Copper Somite Ridtja Block Bros Brenda 0.C. Sugar Capt Inter ChurchHI copper Croyden Dolly Varden Dynasty Fort Reliance Giant Mascof Grailsle Key Indust Growers B Hy's interior Brew Jericho Kamloops Copper Madrona Cronin New Imp Mines Qkansgan. Helicop primer Pyramid Silver Stand Troian Wesl Mines Westcoast Res West Explor Utica 3.30 7.40 14.6716 ,35 .35% 2.90 2.40 5.CO .09 .15 Toronto mines, industrials Supplied by Richardson Securities of Canada LASF BID OR SALE (II-DO am. Quotes) ..m. Ouoies) a.m. Quote) Lethbridge livestock (Supplied by Canada Department of Agriculture) On offer to 11 a.m. 260 cattle and calves. Receipts mixed quality. Cat- ,e market moderately active. 5ood and choice light butcher leers meeting only fair de- mand, prices easier to 25 cents ower. Steers over 1CCO Ibs. sre xjing discounted 50 cents to cwt. Good and choice mtcher heifers sell readily at teady rates. Cows no better ban steady. Medium and good eavy feeder steers selling at iral'rates. Choice steers 29 tn 8.70; good 28.25 to 29; medii 27 to 8.25. Choice heifers 28 to 28.60; good 27.25 to 28; medium 25 to 7. Good cows 19.75 to 20.25; me- dium 18.50 to 19.50; eanners and cutters 15 to 18. Good heavy feeder steers jver 800 Ibs. 29.50 to 30.75; me- dium 27 to 29. Butcher hogs sold Tuesday .o.b. Lethbridge 24.05 to 24.15 >ase price. Calgary Livestock CALGARY (CP) On offer o 11 a.m. MST, about lead; mostly slaughter steers and cows. Trade was active. Slaughter steers were 25 INDUSTRIALS X9oma Steel Atco Ind Allan sugar till Tel iS.ll Trac R C Tel Burns BC Fore-' B C. Sugar CAE Ind Cdn Drew cSrrSl Si cinolos. ra! Power SroSX Cr CWN Gas Cdn Indlst cSadf s S Cdn Marconi Cdn Vickers Chrysler Molsais B North, Cent 21.3JVj "emljlna PP Power Corn Pnce Co Rolhmans 4S.tZV4St U3W Corp 14.75 Shell cpft Simpson's T.I7VbSlmp Sears steel Can 15.00 Selkirk A 4.23 Texsco Traders Gp A Trans Mtn PD 5.75 Trans can Pp 25.50 Union Gas l.M Unto Oil 11 Westeel 9.B' "ninn Car 3.25 West Cdr I Sd 9.00 Car, imperial 62.61V4 Montreal 22.75 4.75 7.50 10.50 19.00 22.00 11.00 25.50 9.00 18.50 UM14 37.50 8.75 12.62'A 3.70 Frobnx First MarlHmes Giant Y.K. Gunnar Granduc Headway Hollinger Hud. Bay W-S Hydra Ex. Highland Bell Iron Boy Joliet Quebec Kerr Addison Key Anacon Labrador Lake Shore Leitch Langis silver Macassa Matlsen R.L. Malartic O.F. Mariin M'cNeeiy Maybrun cns Bath Cons Gas Dlst Sea Dom Bridge Domtar Dom Textile Dom Stores Dome Pen Fd of Amer Gt Cdn Oil Gen Motors Et LaKes Pap Gull Oil Cda Hawker Sid Huron, Eric Hiram walk. Imparial Oil Imperial Tob Inl Nickel Int Pine 5 GP A lot Indrwt Accept Laurenlide Kelly Doug A Lofib Loblaw A Metro 'Stores Msssev Ferg McMillan Bloe Moore Corp Mcisons A 21 35 8.75 1B.2S 48.03 16.25 13.00 11.00 9.2S 48.00 3, 80 7S.SO U.SO 1B.W 17.12! 38.45 18.SO 14.50 45.25 25 50 6.00 4.85 3.EO 27.CO 9.25 24.K) 31.W 13-75 Neva Scotia Royal Tor-Dom MINES Afcaltcho Area MinM Black Bay lar rcl.rli CMS. Rambler t-om uaKe Cratemont HG btntson Mines Horn D'Eldona Dome Mines Donalda Discovery Mines Ma srfic Sullivan Falcoribrldge 3.15 .53 1.70 1.52 13.62'A 4.25 l.VO 21.75 2.52 1.38 9.75 .92 1.22 62.00 Intern Mogul New Athona ttoy Calumet Imperial Noranda Northcjate opemlska Oslsko Patino Pine Point Placer Dev. P.C. Exp. Quebec M3n Rayrock Radlore Rio Algom Roman Corp. Silverfields sherritt Gordon silver Mliier Sleep Rock Tek Corp. Texmont Upper Canada Western Mines I Wright Har. Willroy Windfall Yellowknlfe Br. zenmsc 71 1.05 1S.QO 1.27 7.10 J-oo 35.62% ig.oo .19 2-90 3.10 .22 1S.12V2 .28 33.50 3.30 1.63 1.10 .81 .80 1150 .19V 147.00 2.48 26.75 8M S.90 .3814 28.00 31.50 30.25 .63 .22 T5.00 tit: 1.75 15.00 .07 S.35 J.06 .a 2.08 3J5 1.30 1.38 .13 New York stocks Supplied by Blehardson, Securities ot Canada Amr T and T Anaconda BeJh Sfee! Chrysler Comsar DiJponi Goners! Motors GUlf iiil Harvester K enn Copper 44.G9 Montgomery Ward 28.12V2 20 Golds 1B3.55 oH 21 25 Sears 10 Base Met 89.27 up Std Oil of N.J. 69.87'A 15 W Oils, 17B.81 up .19 2612V2 Texas Guif Volume Texas Co NEW YORK AVERAGE 122.CO Wooiwortll 30 indust 7S5.91 off .61 lAWh Weslinghousfi Elec 20 Rails H7.3S off .6! 28CO US. Steel 29.00 15 UHHiies 112.51 up -i! 25.1W1 TOP.QMTO AVERAGES 65 Stacks 24192 olf M 3i75 ZO Indusl IM. 17 up .76 Volume Weekly egg prices EDMONTON (CP) Weekly egg and poultry report issued by the Alberta department cf agriculture: Eggs To producers A large 39; A medium 30; A small 16; B 19; C 6; cracks 6. To retailers A large 51 to 54; A medium 41 to 42; A small 2? to 28; B 33 to 34; C 19 to 20; cracks 19 to 20. To consumers (in large 55 to 56; A medium 45 J. (Duke) KW.ASN1I RepresenJativs Campbell. Associates Rlrfg. 430 Magralh Drive, lethbrldgs, Alfa. tus. 327-2983 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, S, Tur hey Under 12, 12 to 13 over 18, 24. Live No. chicken Broilers, 17. Turke 12, 12 to 18 23K; 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 alre operations. The planned reorganization would result in virtual 100-per cent Canadian ownership o communications assets, in com pliance with federal legislation At present, Paramount Inter national Films Inc. and its par enl firm, Gulf and Western In dustries lac. of New York, holt 51J5 per cent of Famous Play- ers issued shares. cenls 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 2U.T5. 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 7SO pounds 29 to 30.GO. Good feeder cows 19 to 22.25. Good stock 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, November 24, 1970 THE IETHBRIDGE HEBAID IS Grain price review higher .ti. Prices for class two wheat for export to countries outside 2 3 WINNIPEG (CP) There vas fairly good exporter btiy- ng in rapesecrt with all futures advanced at mid-session on the Winnipeg Grain Exchange to- day. The Vancouver November future had fairly active short coverings and thin offers. Some nlcr-month spreading was evi- dent. Flax trade continued light with prices steady to fraction- ally lower. Exporter buying im- proved in 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 of rye. Mid-session prices: Flax: Dec. unchanged 2.47B; May unchanged July higher Rapeseed Vancouver: Nov. 9 higher 3.38B; Jan. 3 'A higher 2.86W; March higher 2.73MB; May 1% higher 2.6C KB. Rapeseed Thunder Bay: Dec. 2% higher April 2% higher June not open. Oats: Dec. unchanged 87A; May Vi lower July not open. Barley; Dec. unchanged 1.28A; May lower 1.28% r July not. open. Eye: Dee. unchanged 1.07U; May higher l.M'i; July .i 1.81 2 1.7814; 3 l.W3A; 4 1.6 IGA prices: 1 Nor 3 1.T3- IGA: 1 Nor 4 1 Durum 4 1.65; 2 3 1.T3-U; 4 I Diinim 1.81'.'4; 2 3 4 1.G5. Grain quotes Monday (basis High Flax Dec May Low Close Jly 2591', IVapcsv.t'.d Vancouver Nov 329 324 Jan 286 May 268 247 283V4 nay i Rapeseed Thunder Bay 329 28.TJ8 264Vz Dec 258 Apr 26C'.-b I Jun Oats i Dec [May 86V, Jly Barley Dec May 128Vb 128% Jly 2581k 266 270 87 86% 123 128% Dec 107% j May I Jly 107H 107% 1145i 114% 11654 Beef futures WINNIPEG