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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 5, 1970, Lethbridge, Alberta M.nd.y, Oct.b.r I, THI IITHMIOOI HMALO II Industrials Pace Market Advance Auto Strike Drags TORONTO MINES, INDUSTRIALS Supplied by Richardson Securities of LAST BID OR SALE i.m. auotes) a.m. QuotM) TORONTO (CP) The To- ronto stock market was up mod- erately in mid-morning trading today. On index, industrials rose .63 to 167.89, golds .66 to base metals .44 to 98.47 and western oils 1.32 to 196.85. Volume by 11 a.m. was shares, up from at the same time Friday. Gains outnumbered losses 140 to 73 with 165 issues unchanged. Shell Canada was up to Shell Investment Pre- ferred 3A to and Shell In- vestment Warrant Trading in the three issues was halted at the opening for about 25 minutes to match orders. Shell officials said they had no explanation for the heavy de- mand for the company's stocks and said there were no new de- velopments in exploration activ- ities. Among other gainers, Impe- rial Oil was up to Pe- trofina to Canadian In- dustrial Gas to West- coast Transmission to Alean to and Ranger 1 to MARKET ACTIVE MONTREAL Montreal stock market was mixed in active afternoon trad- ing today. Industrials and banks were up while utilities and pa- pers were off fractionally. CPR, off to plans to purchase up to 50 per cent of the capital stock of Commercial Solids Pipe Line Co. Notice was given in the Official Canada Ga- zette. Among senior mines and oils, Pstrofina Canada gained to International Nickel to Husky .Oil to Gaz Metropolitain to Impe- rial Oil to Noranda and Alcan to Among industrials, Velcro jumped to Walker- Gooderham to and Fra- ser to while Canron slipped to Versafood to and Dominion Stores Vi to On index, industrials climbed 1.27 to 172.21, banks .79 to 177.12 and the composite index .94 to 167.43 while utilities were off .15 to 141.84 and papers .02 to 87.16. Combined volume on the Montreal and Canadian Stock Exchanges to 1 p.m. was shares traded compared with shares at ths same time Friday. DJA AHEAD NEW YORK (AP) Stock market prices continuedto surge ahead on a broad front in moderate trading early this aft- ernoon. At noon, the Dow Jones aver- age of 30 industrial stocks was ahead 6.02 points at 772.18. Advances led declines on the New York Stock Exchange by almost 3 to 1. Among Canadiansonthe NYSE, Hudson Bay Mining was up. V, at Up .were Alcan, Dome Mines, Granby Mining, Interna- tional Nickel, and Walker Gooderham, On the American .Slock Ex- change, Scurry Rainbow Oil was down to while Ca- nadian Javelin was up at NET EARNINGS By THE CANADIAN PRESS Hudson's Bay Co., six months ended July 31: 17 cents a share; 1969, 32 cents. DETROIT (AP) The United Auto Workers Union strike against General Motors ends its third week today amid hope of faster progress in settlement of at-the-plant disputes which have bogged down talks. Negotiators have put off bar- gaining on the national contract, where talks have been dead- locked since the strike began, in favor of striving for local level contracts at 55 GM bargaining units in the United States and seven in Canada. The local contracts deal with in-plant issues and supplement the national agreement. The UAW has said that even if a national contract is reached, workers will not return to jobs across the country unless almost all of the local disputes have also been settled. A settlement was reached Sunday at GM's Fisher Body plant in Pontiac, Mich., and it was hailed by union leaders as a "significant" one. It was the 16th such settlement, leaving 139 unresolved. Local issues range from shift preferential to seniority, griev- ance procedures and ventila- tion. Neither the union nor GM has itemized publicly what spe- cifics were agreed upon at the recent settlements. Another major settlement came during the weekend when union locals voted to ratify at- contracts at two De- troit Diesel-Allison Division fa- cilities in the Detroit area. The agreement allowed the two plants to join the previous list of 26 strike-exempted plants, and the first of workers were scheduled to report at the too locations today. UNIVERSITY OFFICIALS BRANDON (CP) Lloyd Dumage is to be installed as president of Brandon Univer- sity and Stanley H. Knowles as chancellor at a ceremony on the campus Nov. 1. INDUSTRIALS Abltlbl..... Alsoma StMl Atco Ind Allan Sugar Bull Tel Brazil Trac B.C. Tel..... Burns B.C. Forest B.C. Sugar CAE Ind cdn Brew Chemcell ...L. Col Cellulose Cal Power Coron Credit CWN Gas Cdn Indus! Canada s S Cdn Marconi Cdn Vickers Chrysler CPU Comlnco Cons Bath Cons Gas Dlst Sea rjom Bridge Domtar Dom Textile Dom Stores Dome Pete Fam Play Gl Cdn Oil Gen Motors Gt Lakes Pap Gulf oil Cda Hawker Sid Hiram Walk Imperial Oil Imperial Tob Int Nickel Int Pipe..... Inv Gp A Int Utilities Indust Accept Laurentide Kelly Doug A i-oeb....... Lbblaw A Metro Stores Massey Ferg McMillan Moore Corp Molsons A Molsons B Norlh, Cent 7.50 Pemblna Pp M.H'A Power corp 13.25 Price Co..... 10.50 Rothmans 7.S5 St Law Corp Shell CDA 15.50 Simpson's 61.00 Simp Sears y.oo steel of can Selkirk A Texaco ___ Traders GP A 7.62'A Trans Mtn Pp 4.75 Trans Can Pp Union Gas 55.00 Union Oil 1.15 Versatile Mfg. 10.50 westeel..... 10.00 Union Car 24.00 Weston's B 3.40 Woodward's A 5.25 Westn Cdn Sd 27.50 Zenith Elec 64.00 BANKS 19.50 Can Imperial 10.12'A Montreal 1E.25 Nova Scotia Royal....... Tor-Dom MINES Acme Advocate Asb. Akaltcho..... Area Mines Belcher Iron Black Bay Bralorne..... Broutan..... Bethlehem Brunswick Canada Tung. Cassiar....... central Pat. Conwest 7.37'A Cons. Rambler 32.00 Coin Lake 15.12'A Cochenour 5.12'A cralgmont 5.50 Denlson Mines Deer Horn D'Eldona..... Dome Mines Donalda Discovery Mines East Malarllc East Sullivan 23.00 15.50 J.EO 48.50 16.00 13.75 13.00 10.75 71.25 9.50 4.00 74.50 19.25 19.00 2.15 43.50 19.75 14.50 44.00 25.00 5.00 5.75 22.00 10.00 25.25 32.25 14.00 Falconbridgft 15.15 22.75 8.00 11.37'A 19.00 33.75 19.00 21.00 23.75 10.50 25.50 10.00 H.75 3.25 15.00 37.00 3.75 9.50 13.50 22.50 16.25 2.60 1.50 20.12'A 15.62V] 19.50 27.75 .07 2.00 .46 1.92 .40 .OS 1.56 .53 4140 2.06 23.25 2.80 12.00 .82- .16 .51 10.25 24.50 .08 1.16 59.00 .24 1.30 1.10 5.50 1.46 Frobex First Maritime! Gunnar....... Granduc Headway R.L. Holllnger..... Hud. Bay M-S Hydra Ex..... Highland Bell Iron Bay Iso.......... Joliet Quebec Kerr Addison Key Anacon Labrador Lake Shore Leitch....... Langls Silver Macassa Madsen R.L. Malartic G.F. Martin McNeely Maybrun..... Madntyre Meta......... Midrim Intern Mogul New Athona New Calumet New Imperial Noranda..... Norlhgate Opemiska Osisko....... Patino....... Pine Point Placer Dev. P.C. Exp...... Quebec Man Rayrock Radiore....... Rio Algom Roman Corp. Silvertields Sherrltt Gordon Silver Miller steep Rock Siscoe....... Tsk Corp..... Texmont..... Upper Canada Western Mines Wright Har. Wlllroy Windfall..... Yellowknlfe Br. Zenmac..... M 1.01 1.32 8.05 11.50 35.00 JI.37V4 .20Vi 2.81 3.10 1.94 .23 10.6214 .33 33.00 3.25 1.46 .OS 1.20 .86 .70 12.50 .24Vi 160.00 .15'A .32 11.00 .16 .27 2.22 28.25 11.12'A 11.25 .28 31.25 30.25 34.00 .78 .23 1.31 .31 15.6214 2.10 19.25 2.24 6.7S .44 2.05 3.85 1.35 1.35 Calgary Livestock CALGARY (CP) On offer i 11 a.m., about 475 head; jostly slaughter cattle of mix- <1 quality. Trade was moder- te. Slaughter steers were steady with over-finished kinds dis- ounted 60 heifers eady, cows steady and no ulls offered. Good to low choice slaughter teers 26.50 to 27.50, medium Winnipeg Grain WINNIPEG (CP) Most races were steady on the Win- nipeg Grain Exchange today vith flax moving slightly asier as heavy hedge offers ppeared. The offers were taken by ommission houses and some export interest was shown. Commission houses and do- mestic buyers also were takers f oats and barley. 1971 GREMLIN MISCELLANEOUS QUOTATIONS Vancouver, Calgary, Montreal (Supplied by Doherty, Roadhause and McCuaig) LAST BID OR SALE a.m. Quotes) WESTERN OILS Alminex 6.15 Asa m era 18-00 Banff U-00 B P Oil and Gas 5.65 Cdn South 4.75 Cdn Export Gas 5.45 Ashland OI! 9.25 Cdn Homestead 9.20 Cdn In G and 0 n.50 Cdn Superior 38.75 Central Del Rio 12.75 Chieftan 10.50 Dynamic Pete 1.43 Grt Plains -.29.50 Mill City 2.26 N Cdn Oil Numac Permo Petrol Place Gas Ranger Scurry Rainbow Spooner Western Decalta CALGARY AcroB Anaconda Barons Oil N Con Plains Pete Western Warner Madison Rexdale MISC. INDUSTRIALS Aquataine 25.50 Br New Corp ;5.62W Cdn Pacific I Pfd 24.25 Cygnus B <5.25 Cum Properties 12.00 Gt Cdn Oil Sands 4.10 Home Oil A 22.00 Home Oil B 22.55 Home and Pit 2.00 Hudson Bay Co 14.62Vz Hudson Bay Oil 41.00 a.m. Quotes! a.m. Quotes) Husky Oil M.25 Mutual Gr F 4.33 4.76 Husky Oil B Pfd 3B.OO N W Fin 4.03 Husky Oil War 7.75 N W Gr 4-93 Inferprov S and P 7.12V4 Principal Gr 3.79 4.16 Jefferson Lake 12.50 Royfund..... 4.91 5.07 Kaiser Res 11-00 Kam Kotia 1.43 Lake Ont P Cem 1.85 Mentor Newconex Pacific Pete Shell Inv Shell Inv Pfd Shell Inv Wts Sicks' Rainier A.30 30.50 33.75 31.50 United Ac 4.30 4.73 universal Sav 6.89 7.57 VANCOUVER Anuk Arctic Mining Atlas Explor Beth Copper Bornite RIdgi Block Bros 7.35 1.S8 1.34 1.1.50 22.00 1.85 6.45 1.35 .08 .04 .02% .41 .41 .27 .10 3.62Vi Brenda Pro 2.70 B.C. Sugar P.PEUN! STOCKS Alia Gas Tr L A J6.37H coronation Credit Alfa Gas (Nat) 22.75 rreslbrook For I Inland .Nat Gas 10.00 crovden N and C 15.25 noiiv Varden N and C B Pfd Tr Cdn Pipe 33.00 Tr Cdn P Pfd 39.87'A Mascot Tr Cdn P Pfd A 62.00 Granlsle Tr Cdn P War 12.50 Westcoast Tr 23.00 tjv.s Western Pacific. S.12V4 interior" Brew MUTUAL FUNDS Jericho AGF Special 2.26 Kamloops Copper All Cdn Com 6.63 7.25 Lornex All Cdn Divid 7.67 8.3B Lytton Minerals All Cdn Vent 3.36 3.67 Madrona Amr Gr F 4.59 5.04 New Cronln Cdn Invest F 4.26 4.67 New Imp Mines Col Mutual 5.53 6.07 Primer...... Cmnw Inter 11.41 12.50 Pyramid Cmnw Lev 2.95 3.25 silver stand Corp Invest 5.09 5.56 T C Explor Dreyfus F U.S. 10.72 11.75 Texmont Gr Equity S.76 6.32 Gr In Shares 3.11 3.42 Western Mines hivest Gr 9.82 10.74 Westcoast Res Invest Mutual 4.92 5.38 Western Explor Mutual Ac F