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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 25, 1970, Lethbridge, Alberta Wodnotday, November 25, 1970 THE IETHBRIDGE HERAID 23 Oil issues lead rally on market TORONTO (CP) Western oil issues led a sharp rally in active mid-morning trading today at the Toronto stock mar- ket. On Index, industrials gained .81 to 165.66. Golds were down to 181.66. Volume by 11 a.m. was shares, up from at the same time Tuesday. Gains outnumbered losses 10! to 71 with 140 issues unchanged. Analysts said the strength in oil issues was due to news that the United States has agreed in principle to allow Canadian oil unimpeded access to U.S. mar- kets. Trading was halted in Home A for about 30 minutes and Aquitaine for about 35 minutes, due influx of orders, ac- cording to a notice released by Toronto Stock Exchange. Home A rose to and Aquitaine to Among other big gains, Hud- son's Bay Oil and Gas was up IVi to 336'A, Pacific Pete Hi to Texaco 1 to Inter Provincial Pipe Line to Shell Canada to and Ca- nadian Superior Oil 2 to ?38. Great Plains was up .2 to Scurry-Rainbow to Banff to and Cen- tral-Del Rio to ACTIVE TRADE MONTREAL Montreal stock market moved firmly higher in all sectors in moderately active trading today. Industrials, utilities and tlie composite index all rose by more than a point. Combined volume on the Montreal and Canadian Stock Exchanges to 11 a.m. was shares traded, compared with shares at the same time Tuesday. On index, industrials were up 1.75 to 168.15, utilities 1.63 to 144.43, the composite index 1.63 to 164.68, banks .69 to 172.95 and papers .35 to 81.95. Anglo-Canadian Pulp and Paper Mills Ltd., which did not trade, reports net earnings of or 32 cents a share for first nine months, down from or 50 cents in the corresponding period last year. Highlighting gains, Metropoli- tan Stores advanced to Dome Petroleum to Pacific Petroleum to Texaco Canada ?lVi to Aquitaine to and In- ter Provincial Pipelines to In other gains, Shell Canada climbed to Imperial Oil to Central-Del Rio to CPR to Gulf Oil of Canada to and Inter- national Nickel Canadian International Power slipped >A to QSP Ltd. to Massey-Ferguson to and Provincial Bank to D.IA AHEAD NEW YORK (AP) The stock market extended today the advances of the four pre- vious sessions. At noon, the Dow Jones aver- age of 30 industrials was ahead 3.15 points at 775.88. Winning is- sues on the New York Stock Ex- change led losers by nearly 2 to 1. Among C a n a d i a n s on the NYSE, Canadian Pacific was up 1 to S62, Dome Mines gained 14 to 1-3 and International Nickel was up at Down were Mclntyre Porcupine to and Walker Gooderham to On the Amex, Scurry Rainbow Oil advanced to Prices on the American Stock Exchange included Home Oil Class A, up VA at Hud- son's Bay Oil and Gas, up 1 at Banff Oil, up at and Aquitaine Co. of Canada, up Kb at Hog prices EDMONTON (CP) Prices to 11 a.m. today provided by the Alberta Hog Producers Marketing Board: Edmonton: Quoted 23.80, sell- ing 23.80, average Tuesday 23.98. Calgary: Quoted 23.75 to 23.95, selling 23.95, average Tuesday 23.88. Red Deer: Quoted 23.75, sell- ing 23.75, average Tuesday 24.15. Lethbridge: No sales, aver- age Tuesday 23.88. LJoydnifflster: No sales, aver- age Tuesday 23.15. Grande Prairie: No sales to 11 a.m. or Tuesday. Sow price 12.14. Hogs sold to 11 a.m. 321; Tuesday Provincial average 23.93. OUR BIGGEST ANNUAL PRE CHRISTMAS INVENTORY CLEARANCE With Savings as High as Accordions: 25 ond Basso, 48 BOMCJ 3> OO and up 150 Swam) up Spanish or Classical 9 I W nnrf up Elottries I O ond up 1 65 and lei Paul "Slylad" Amplifiers: Ujed HodeU New Student Models Reverb Amp. Reg. Vox "everb. Reg. nd up S 69 Drums: Drum pad set with regular C Cl% type drum heads. Only V O3 Sels from................ Special NEW VOX FUIL DRUM SET. Reg. Now THOMAS ORGANS. New, from USED IOWRY ORGAN, like nsw. Reg. Only VOX BAND ORGAN NEW Reg. Special...... BAND ORGAN with built-in Onlv JUST ARRIVED Hacjstrom Ail New Guitars UNBELIEVABLE AT OUR PRICES. BEST BUY IN TOWN TODAY Vox Amplifiers., special Iow prices, Prices are Now at Their Very Pruegfier'- Acwdian College Ltd, Royal Guardsman. Reg. Now Buckingham Piggy Back. Reg, Now Viscount 3 Channel. Reg. Now 530 5th St. S. 327-7524 Miscellaneous quotations Calgary, Montreal (Supplied by D'ohcrty, Roadhouse and McCuaig) LAST HID OU SALE a.m. Quotes) e.m. a.m. Quotas) WESTERN OILS Kaiser Res 6.75 Invest Gr 9.6B 10.59 Almitiex 5.9S Karn Kot service 7 aays a Mr. White, on a tour of will take 24 hour answering firm's Western branch to straighten out. .H fiovernment u _ _ indicated the Lethbridge took action in service vsni jprhnic'cins has been growing steadily than most other U 5w trOinGQ 1C the city's to combat plpct vow" 'rncnt from o Royal Trust is now in y process of forming the aftet qua l. 5ySiems recorders coast to coast real estate and ca nonsnt stereo ganization in Canada, said selection of con White. K. W. White said in an a.