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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 24, 1972, Lethbridge, Alberta Stock market prices mixed TORONTO (CP) Prices on the Toronto stock market were mixed in fairly active mid- moming trading today. The industrial index, consid- ered a major indicator of mar- ket trend, declined .21 to 213.53 and base metals .22 to 83.18. However, golds moved ahead .18 to 170.22 and western oils .07 to 264.12. Volume at 11 a.m. was shares compared with traded at the same time Thurs- day. Pipeline, real estate, banks, paper and forest and oil refin- ing were among sectors of the market recording declines, while food processing, construc- tion and material, commu- nication and steel were ahead. A d v a nccs slightly out- numbered losses, 129 to 114, and 214 issues remained unchanged. Fleet Manufacturing gained 10 cents to Steetley In- dustries to Texas Gulf to Kaiser Resources five cents to and Riley's Data- share five cents to Venpower fell 10 cents to Greyhound Computer 10 cents to Scottish York to Leigh Instruments Vt to and Canadian Breweries 14 to Acme Gas and Oil gamed two cents to 29 cents, and Francana 011 to Consolidated Marbenor de- clined 16 cents to First Maritime two to 40 cents, Will- roy Mines five to and Ca- nadian Homestead Oils to MONTREAL (CP) Ad- vances outnumbered declines in heavy 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. Utilities rose .64 to 158.09, in- dustrials .08 to 232.52 and the composite .07 to 222.95 while banks declined 1.39 to 278.25 and papers .13 to 93.33. On the Montreal Stock Ex- change, Royal Trust rose 1% to and Southam Press to while Rapid Data fell 1 to On the Canadian Stock Ex- change, Spartan Air Services rose three cents to 57 cents on shares traded. NEW YORK (AP) Blue chips strengthened today, but trading was slow due to the ab- sence of many investors on an extended U.S. Thanksgiving holiday weekend. The noon Dow Jones average of 30 industrial stocks was up 2.04 to Declines and advances were running about even among is- sues traded on the New York Stock Exchange. Pioneer Natural Gas opened late at off Houston Natural Gas, also on a delayed opening, was up 1% to The two companies said they had called off merger talks. WesUnghouse was active anc up 1% to The company was chosen as the lead reactor maker for the United States' irst big demonstration breeder nuclear electric power plant. Westinghouse beat out North American Rockwell, whose itock was down Va at and General Electric, whose stock was up Va at The New York Stock Ex- :hange index of more than ommon stocks was off .01 to 63.93 at noon. On the American Stock Exchange, the price- :hange 26.29. index was up .01 at Grain prices Winnipeg Grain WINNIPEG (CP) Most prices were at least slightly rrigher in a fairly light trade at mid session on the Winnipeg Commodity Exchange today. Most trading was concentrat- ed in the oilseeds where flax was almost two cents higher in some futures while prices fluctuated narrowly. Oats, barley and rye ranged from unchanged to one cent higher in light trading. Volume of trade Thursday consisted of bushels oi flax, of rye, of Thunder Bay rapeseed and 2 of Vancouver rapeseed. MID-SESSION PRICES: Flax: Dec. 1% higher May 1% higher 3.47B July 1% higher 3.44y4. Rapeseed Vancouver: Nov. unchanged Jan. 1% higher March Hi high- er 2.85; June 1 higher 2.79'AB Rapeseed Thunder Bay: Dec ,4 higher May higher 2.7234B; July 1 lower Oats: Dec. higher 97A May lk higher 97A; July higher Barley; Dec, VB higher May unchanged 1.30A; July higher 1.31A. Rye: Dec. higher May higher 1.37; July 1 higher 1.36B. Grata quotes Thursday (basis High Low Close Flax Dec 341 339H 340% May 345% 344 345% Jly 342% 342 342% Rapeseed Vancouver MOV 293% Jan 289% 288% 288% Mar 286% 283 283% Jun 279 278% 278% Rapeseed Thunder Bay Dec 266% 265Vt 265Vi May 273% 272V4 268% Jly 269% Oats Dec May Jly 96% Barley Dec 127 May Jly 130% Rye Dec 129% May 136% Jly 135% 96% 96V4 126% 130% 129 135% 135 268% 96% 96% 96% 126% 130 130% 129% 136'A 135 BOY SCOUT BOTTLE DRIVE SATURDAY MORNING Area south of 9th Avenue South and west of 20th Street South (ONLY) BEER BOTTLES POP CANS BOTTLES JUGS Your help is have them out or ready to go! CORRECTION DELUXE SNOWMOBILE BOOTS Advertised on Page 15 of Wednesday, Nov. 22nd Paper Should have read MEN'S YOUTHS' AND BOYS' Sizes 6-12 Sim 1-5 13.97 12.97 Those snowmobile boots in Canada Items. Sorry for nny Inconvenience Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty, McCuaig Limited) LAST BID OR SALE Quotes) Quotes) Oiretel) WESTERN OILS E shland P Cdn Jan South :dn Ex Gas Cdn Homesld 17.25 7.75 3.85 10.00 Cdn Ind Gas Oil 10.75 14.75 39.25 33.00 7.45 2.26 2.35 6.75 Cdn Super Cdn Long Is :harter Chteftan )ome Pete .I Plains it Cdn Oil Lochlet Noble North Cdn Oil Numac Pancdn Pete 'an Ocean Petrol 'Innacle lace Gas 'onder danger Scurry Rain Spooner seibens Total Pete Ulster W. Decalta West Pete MISCELLANEOUS INDUSTRIES Hugh Russell fi.25 Husky Oil 8.15 Husky Oil B Husky on Wat 12.75 inter Prov Pipe Inter Prov Steel Kaiser Res Loblaw Pld Pacific Pete Rainier Sandwell Teledyne West Cdn Seed White Yukon Westfield Weston Pld CALGARY Acroll Barons Oit 56.00 .39 51.00 17.50 42.75 5.10 12.25 15.2! 2.15 32.00 43.75 5.50 3.55 4.05 11J5 1.16 63.37'A 19.12VJ North Conr 15.00 16.00 1.30 .32 .81 .SI 18.25 .01 West Warner .33 PIPE LINE STOCKS Alta Gas A 16.25 Alta Gas Pref 70121. Alta Nat Gas Inland Nat Gas Gr In Shares Gr Equity Invest Gr F Invest Mutual Mutual Ac Mutual Gr F Nat Res N W Cdn N W Gr Principal Gr Royfund Temp Gr United Ac Universal Sav Vanguard Univest VANCOUVER MINES Alton Atlas Explor Bath Norse Brenda Churchill Copper Croyden X.42 4.86 8.74 9.60 12.56 13.74 5.91 6.466 6.23 6.85 4.76 5.24 7.59 8.30 6.03 6.16 6.77 5.00 5.49 7.03 7.37 8.28 9.05 5.77 6.34 8.11 8.91 8.84 9.69 6.14 6.74 fl.25 .42 .66 3.60 .45 .05% Aqultaine Brinco Cdn Brew A Cdn Brew B Cdn Pacific Inv Crowsnest Ind Cygnus A Cygnus B Falcon Copper Genstar Home A Home B Hud Bay Co Hud Bay Oil Hud Bay Pfd N and C B Pfd Pacific Trans Gaz Metro Gaz Metro A Trans Cda Pipe Trans Cda B Trans Cda A Trans Cda War WC Trans WC Trans Wts 13'25 a 90 20.25 12.25 11.75 25.50 13.25 5.00 68.00 46.75 40.25 86.50 24.25 5.15 Dolly Varden Dynasty Equltoriat Fort Reliance Giant Mascot Graisle Lcrnex Lyttcn Minerals Primer Pyramid Sliver standard mont .65 .30 7.20 Valley Copper 2i-M MUTUAL FUNDS INDUSTRIAL 5-50 Gt Pacific 4.94 5.39 Block Bros 2.60 All Cdn Com 8.41 B.C. Sugar 20.00 32.50 All Cdn Dlvld 9.20 10.0S B.C. Sugar Ptd 1500 24.50 All Cdn Vent 4.30 4.70 Capt Inter 3.40 25.62V2 Amr Gr F 6.61 7.26 Col Brew 3.35 AGF 3.47 Creslbrook F Ind 3.55 6.25 Cdn Invest F 5.26 5.77 Hys 3.55 11.37'Acol Mutual 7.18 7.88 Key InduSt .50 16.25 Cmnw Inter 15.23 16.73 Pacific W Air 23.00 40.50 Cmnw Lev 4.25 4.67 Stampede Intl Res .61 Cmnw Vent 8.34 9.16 OILS Corp Invest 6.19 6.7fi Albany Oil -73 52.50 Corp In St F 5.35 5.E5 Plains Pete .39 58 Dreyfus F- U.S. 13.19 14.45 West Explor .08 Toronto mines, industrials (Supplied By Richardson Securities of Canada) LAST BID OR SALE a.m. Quotes) a.m. Quotes) a.m. Quotes) MINES Acme Advocate Asb. AKaltcho Bralorne Broulan Bethlehem Brunswick Can. N.W. Llns Canada Tung, casslar Central Pat. Chlmo Conwest Cons. Rambler Coin Lake Cochenour Craigmont Dickenson Mines Denison Mines Deer Horn D'Eldona Dome Mines Discovery Mines East Ma I art ic East Sullivan Falconbridge Frobex First Maritime! Giant Y.K. Bovis Granduc Headway R.L. Hoi linger Hudson Bay M-S Hydra Ex. Iron Bay .28 1.26 .50 2.00 .28 14.00 3.55 8.35 1.50 .12.75 1.27 1.00 5.50 2.95 5.50 2.30 25.75 Osisko Pine Point Placer Dev. P.C. Exp. Quebec Man Rayrock Radlore Rio Algom Roman Corp. Sherrift Gordon Steep Rock Tek Corp. Texmont Upper Canada Weslern Mines Wright Hargreaves .90 Willroy l.'l Windfall .09 Yellowknlfe Bear 3.45 Zenmac .08 .42V2 63.00 .65 2.05 1.66 57.00 6.50 2.05 2.85 2.50 40.25 Iso joliet Quebec Kerr Addison Key Anacon Labrador Lake Shore Langls Silver Wladsen R.L. Maiartic G.F. Martin McNeely Meta Mldrim Nu West Homes New Athona New Calumet W. Horse Copper Noranda M'rthgatt 3.65 3.05 .22 9.10 INDUSTRIALS Abitibl Alcan Algoma Steel Atco Ind Atlantic Sugar Agra ind Bell Tel Brazil Trac B.C. Tel Burns B.C. Forest B.C. Sugar flaw Vsl Ind CAE Ind Cdn Brew chemcell col cell Calgary Power Dofasco 27.S2Vi Cable 3B.5D Grt Cdn Oil 2.90 Gen Motors .08 Grt Lakes Pp 1.02 Gulf Oil .37Va Greyhound 17.50 Hawker Sid Hur Erie Imp Oil Imasca Int Nickel Inf Pipe Inv Grp A Int UHI Ind Accept Kaps Laurentide Kelly Doug A .08 Loeb Loblaw A Met Stores 9.87V2 Massey Ferg 21.50 McMillan Bios Moore Corp Molsons A Molsons B 1h S, Cent 5. SO 12.75 1.74 y building a railway jnstead of a pipeline, a leading con- servationist says. This "highly attractive al- ernative" to the pipeline sys- em is being studied by a re- search group at Queen's 'Uni- versity in Kingston, Ont., Jack O'Dette, president of the Cana- dian Wildlife Federation said in an interview. Mr.. O'Dette said the railway concept holds immense advan- ages compared to "costly, risky" pipelines. A twin-track system could be built from the Prudhoe Bay area in Alaska to near the Al- e r t a miles-for about billion dol- .ars. Estimates of an all-Canadian route pipeline some miles long range as .high as billion "The railway would not harm the environment. This has been proved in present lines over permafrost In far northern said Mr. O'Dette. "What's more, building rail ways is something we're good at. It's a truly Canadian achievement and no expensive outside knowhow need be im ported for the job." Friday, Nov.mlm 24, 197J THI UTHMIDGE MUW 1 Big unions hit Tory member Egg prices EDMONTON (CP) Weekly egg and poultry report issued by the federal agriculture de partment: Eggs: To A larg 48, A medium 45, A small 24 B 28, C 6 cracks 15. To retailers: A large 60, f medium 57, A small 36-37, B 44- 46, cracks 31-33. (Two cent extra in cartons. To consumers (in cartons) A large 62-66, A medium 60-64 A small 41-45. Poultry: To producers: Liv No. 1 chicken broilers 6 and over, 27, 5 and under 6 23. Fowl under 4, 4-6. under 12, 12 to 18, 2914 over IB, 27. Live no. 2 chicken broilers 19, 6 and over 23, 5 and under 6, 20. Turkey under 12, 1 to 18, over 18, 25. OTTAWA (CP) James Gil- es, newly elected Conservative HP for Toronto Don Valley, ays the government should re- uce domestic competition in Canadian industry and break up monopoly unions" he says are ausing higher wage rates. !'We need more he old a Thursday meeting of the Confederation Club, a group of Conservative business and pro- essional men. Mr. Gillies, former dean of justness administration at York Jniversity, is considered a po- ential finance minister in a 'regressive Conservative cabi- net. He called for changes in the Competition Act to allow consol- dation of firms. He said that vould permit more efficient, a r g e-scale production and thereby reduce prices. Monopoly profits could be prevented by adjusting tariffs o provide competition from ex- Hirts, he said. JIG UNIONS HIT He said big unions have spawned inflation by demanding 'undue increases" in wages. Buildig crane operators in Toronto had won a 30-per-cent wage increase. "I know there are no crane operators among the member- ship lawyer Dan Chilcott remarked in his thank-you speech later. 'I felt laughed Mr. Gil- lies, who represents one of the wealthiest ridings in the coun- try. Swom into the Commons ear- ier Thursday, he outlined for lis business audience a range of policies he said should be pursued by whatever party orms the government over the lext several months. Calling for a "very ex- >ansionary monetary and fiscal ralicy." he urged cuts in per- ;onal income taxes and sales axes. That was the first step to stimulating the economy and reducing unemployment, which ie called unconscionable. He also urged aid to small- jusiness investment, including a "venture capital bank." The economy could also be spurred with lower interest rates, which would increase in- vestment and house construe- lion, be said. Mr. Gillies rejected the notion that such expansion would pro- duce more inflation. Treasury bills OTTAWA (CP) New 91-day Government of Canada treasury bilk auctioned Thursday: million at an average price and yield of 99.109 and 3.61 per cent. Last week, same amount and term, same price and yield. 182-day: million at an av- erage price and yield of 98.107 and 3.87 per cent. Last week, million, same term, 98.101 and 3.88 per cent. 364-day: million at an av- erage price and yield of 95.829 and 436 per cent. None last week. SALES MANAGER One of Western Canada's leading printing and publishing firms requires a sales manager for its commercial printing department. The successful candidate will be responsible for developing and implementing sales programs and directing the activities of a sales force. This person must have the ability to assess potential markets and to develop programs designed to effectively utilize plant facilities. Applicants should have a proven record In the sales field. Experience in a supervisory capacity, while net a prerequisite, would be an asset. Excellent op- in confidence to BOX 94 LETHBRIDGE HERALD JOE'S MOBILE HOMES LTD. "Joe Tarnnvo, Prop." Highway No. 3 Going east to Taber Phone 328-0166 SALESMAN REQUIRED Excellent opportunity for right man with one of Lethbridge's leading realtors. For appointment ART WILLIAMS, ART WILLIAMS AGENCIES PHONE 328-8184 r- 72sDISCOUnTED! NO REASONABLE OFFER REFUSED! Knight Schmidt Knight Schmidt Knight Schmidt Nor'Westem Nor'Western 20'x48' Double Wide 3 Bedroom 14'x68' 3 Bedroom with utility room 14'x64' 3 Bedroom 12'x60' 3 Bedroom Take your pick... We'll deal! 14'x60' 3 Bedroom LOWN DOWN PAYMENT LONG TERM FINANCING! SERVICE AND SATISFACTION GUARANTEED ALL UNITS HEATED FOR YOUR VIEWING CONVENIENCE Remember Yon Aluwys Do Belter at JOE'S MOBILE HOMES LTD, HIGHWAY NO. 3 EAST TO TABER PHONE 328-0181 OR 328-0166 AFTER HOURS 327-4004 OK 327-2416 ;