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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 17, 1973, Lethbridge, Alberta The Herald- Wednesday, October 17, 1973 THE LETHBRIDGE HERALD 19 Business Stocks Miscellaneous Vancouver, Calgary, Montreal (Supplied by Doherty, McQualgLtd.) WESTERN AND Afton S Albany Alta East Gas BP Brenda Can Cdn Ex Cdn Cdn Ind Gas Cdn Long Cdn Dome 2V4 Fort Giant Gibraltar Gt Gt Cdn Oil Lytton Noble North Cdn Pancdn Pan Place Scurry Vz Total Ulster United West West Acres BC Sugar Block Cdn Pac Inv Com Cap Cdn Brew A Cdn Brew B Crestbrook Crowsnest Falcon F and M Global Com Home Home Hud Bay Hud Bay Hud Bay A Hugh Husky Husky B Husky D Husky E Hys of Inter Prov Inter Prov Kaiser Loblaw C 62V! Pacific Pac West Pe-Ben Rainier Royal Trust Sandwell Teledyne West Cdn Seed Westfield Min Weslon A Pfd White Vukon 5.75 4.35 6.00 1.30 59.50 10.25 PIPE LINE STOCKS Alta Gas A 12.12V; Alta Gas Pfd 66.50 Alta Nat Gas 19.75 Inland Nat Gas 9.87% Gaz Metro 4.50 Gaz Metro A 65.00 N and C Gas 10.25 N and C B Pfd 23.00 Pacific Trans 11.25 Trans Can Pipe 32.75 Tr Can A Pfd 62.00 Tr Can B Pfd 39.25 Tr Can War 6.55 WC Trans 16.00 WC Trans Wts 3.00 CALGARY Acroll -65 Barons Oils .05 N Continent .02 West Warner .31 VANCOUVEI. MINES Atlas Explor .37 Bath Norse .70 Dankoe 2.02 Davenport .47 Dolly Vard .22 Equitorial .20 Lornex Primer .08 Pyramid .12 Silv Stand 1.78 Val Copper 11.25 INDUSTRIALS Colum Brew 5.50 Key Indust .21 Wardair 1.80 OILS PRP Explor .80 Plains Pete .25 Pond Explor .85 Stamp Intl Res 1.06 MUTUAL FUNDS All Cdn Com 7.41 8.06 All Cdn Div 7.90 8.59 All Cdn Ven 3.89 4.23 Amer G F 5.80 6.32 AGF Spe 3.14 Cdn Invest F 5.38 5.89 Col Mut 6.26 6.88 Com Inter 14.92 16.40 Com Lev 3.91 4.30 Com Ven 7.39 8.12 Corp Invest 6.54 7.19 Corp In St F 5.48 6.02 Dreyfus Fund US 12.05 13.21 Grt Pacific 4.87 5.32 Grp Income 3.74 4.11 Grow Equity 8.10 8.90 Invest Gr F 12.79 13.98 Invest Mut 6.20 6.77 Mut Accum 6.31 6.94 Mut Grow F 4.00 4.40 Nat Resources 5.29 5.81 NW Cdn 6.01 6.60 NW Grow 5.66 6.22 Prin Grow 4.94 5.43 Prov Mut 8 05 8.81 Royfund 7.17 7.46 Temple Grow 8.30 9.10 Unit Accum 5.41 5.59 Univers Sav 8.21 9.03 Univest 646 710 Vanguard 7.08 7.76 (Supplied Securities of Canada Advocate Can. NW Canada Tung. Power Coron 2V4 2.20 Central 6.1 2V4 Cons Com Dickenson Denison Mines D'Eldona Dome 87V, .46 Seagrams Dominion Bridge 37.00 25.75 Discovery Mines East Malartic East Sullivan 3.40 3.10 Textile Dom Stores Dome Pete 13.87V4 37.00 31.75 First Cdn Giant Granduc Lakes Paper Gulf Oil 33.00 Hudson Bay Hydra 2V4 Hawker 5.50 Iron Joliet Quebec Kerr 11. 87 Oil 29.50 Key Lake Shore Langis Group A IU 28.50 Madsen Malartic Martin McNeely Doug A 11.50 Intern Mogul Nu West 9.1 Mass 25.25 New New Calumet Corp Molsons 25.25 3.37V, Pine Placer Dev. Pax Corp Price 17.25 Quebec Ray Radiore Rio Algom Roman Corp. Sherntt 30.25 Simp Sears Steel Canada Selkrirk 12.75 34.25 16.50 Steep 2V4 Tek Grp 2 Vz Texmont United Canso Western Mines W House Copper 16.50 3.25 Mtn Pipe Trans Can Pipe Union Garb Union 32.50 Wright Windfall Yellowknile OVi Mfg 18.62V, Cdn Algoma Atco Agra Bell Brazilian New York (Supplied by Richardson Securities of Canada) Amr. Woolworth Anaconda 26.50 Westinghouse Elec. 33.37V, Beth. Steel 35.50 U.S. Steel 37.12V, Chrysler 24.00 Gen Tele Elec 29.75 Comsat TORONTO AVERAGES Dupont 198.50 20 Industrials 232.09 up .44 General Motors 20 Golds 269.34 up 6.55 Gulf 10 Base Metals 109.15 up .45 Int. Harvester 15 Western Oils 256.62 up 1.16 Kenn Copper Volume Montgomery Ward 26.50 NEW YORK AVERAGES Sears 97.00 30 Industrials 972.00 up 4.54 X-Ron 92.00 20 Rails 185.93 up 2.47 Texas Gulf 31.00 15 Utilities 100.94 down .10 Texas Co. 31.00 65 Stocks 296.07 up 1.79 Wix Corporation 17.00 Volume Captain Kidd's money pit Pirate treasure sought OAK ISLAND. N.S. (CP) Construction has started on Oak Island, off the south shore of Nova Scotia, on a shaft as men try again to determine the secret of the famous money pit. For the last two centuries people have dug on Oak Island in an attempt to find pirate treasure. Now, a consortium is digg- ing another shaft into the tricky sands of the island. Dan Blankenship, project manager for Triton Alliance Winnipeg grain Market price trend higher TORONTO (CP) Prices on the Toronto stock market were fractionally higher in moderate mid-morning trading today. The industrial index, consid- ered the best indicator of mar- ket trend, rose .24 to 231.89, golds 4.50 to 267.29, base metals .48 to 109.18 and western oils .81 to 256.27. Real estate, pipeline, con- struction and material and communication stocks were among advancing market sec- tors while oil refining, paper and forest, food processing and steel issues were lower. Dome Pete rose Vi to Fairview Corp. to Bow Valley to Bell Canada to and Southam Press to Pennington's fell 'A to and Canadian Industrial Gas and Oil to Dynasty gained to Placer to and Hudson Bay Mining to Denison lost V4 to and Falconbridge Vs to United Canso was up to and Trans-Canada Re- sources two cents to Western Decalta slipped five cents to MONTREAL (CP) All sectors except industrials ad- vanced in light trading on the Montreal stock market today. Banks rose 2.16 to 283.73, utilities .49 to 145.86, the com- posite .27 to 239.62 and papers .03 to 152.28 while industrials dropped .06 to 259.54. On the Montreal Stock Ex- change Placer Development gained to Cominco to Peoples Department Stores V4 to John Labatt Ltd. V4 to while Alcan dropped Vs to On the Canadian Stock Ex- change, White Star Copper Mines rose three cents to 44 cents on shares traded. VANCOUVER (CP) Prices were mixed in light trading Tuesday on the Van- couver Stock Exchange. Volume was shares. In the industrials, speculators fund was down .04 at .94 on shares. Canterra was up .08 at .30 on shares. lonarc was up .04 at on shares. Block brothers rose .15 at on 600 shares. Cornat was at and Crestwood was at .70. In the mines, Silver Stan- dard dropped .20 at on shares. Cutlass was down .51 at on shares. Citex was at .17 on 000 shares. Exeter rose .06% at .20 on shares. Copex Mines was up '03 at .32 and Gold River rose .05 at In the oils, Chapparal was down .01 at .08 on shares. Vargas was down half a cent at .15% on shares. Monterey A was up .01 at .61 on shares. Seneca was down .02 at on shares. PRP Explorations dropped .02 at .80 and Rose Pass was up half a cent at Livestock Calgary CALGARY (CP) Receipts to 11 a.m. Wednes- day from the Calgary public stockyards totalled head, mostly slaughter steers and heifers. Trade was active. Choice steers and heifers traded actively and met a good demand at fully steady prices. A3 and A4 steers and heifers sold at discounts in slow trading. Cows and bulls were scarce in early sales and traded at generally steady prices. Steers, Al, A2: 46 to 47.50. A3: 44.50 to 46. A4: 42.50 to 44.50. Heifers. Al. A2: 44.50 to 45.40. A3: 43 to 44.50. A4: 42.43. Cows, Dl, D2: 35.50 to 37. D3: 34 to 35.50. D4: 30 to 34. Bulls, good: 40 to 43. Sales of feeder cattle and calves were light, traded ac- tively at strong prices. Good feeder steers more than 750 pounds: 46 to 57. Good feeder heifers: 45 to 50. Good stock steer calves: 54 to 60. Good stock heifer calves: 48 to 60. Hogs fob to 11 a.m.: 53.70. Hog prices EDMONTON (CP) Average prices to 11 a.m. Wednesday provided by the Alberta Hog Producers Marketing Board with Tuesday's average in brackets: Edmonton: 53.75, Red Deer: 53.75, Calgary: 53.70, Lethbridge: Nil, Total hogs sold average 53.87. Sows average 40.35. Dollar value MONTREAL (CP) U.S. dollar in terms of Canadian funds at noon Wednesday was up 1-50 at 2-25. Pound sterling was up 17-10 at 7-10. In New York the Canadian dollar was down 1-50 at 23-25. Pound sterling was up 1 3-5 at Chicago grain CHICAGO (AP) Wheat, soybeans, soybean meal and oil futures plunged to limits for one session on the Board of Trade Tuesday. It was the third straight 20- cent-a-bushel decline in soy- beans, in meal and 100-points in oil. It was the second 20-cent-a-bushel loss in the wheat pit in succession. Corn was down just short of the 10 cent limit earlier in the session and oats lost 6 cents, the limit, but both came back strongly at the close as shorts fought to liquidate their posi- tions. Sellers far outnumbered buyers in the major pits on the opening. Soybeans, meal and oil opened on limits lower and beans remained locked into the close in that position. There was some trading, however, in distant meal and oil options. Wheat, corn and oats also opened up on weak tones. Heavy selling after a small rally later sent wheat futures to the bottom where they re- mained locked in into the close. Corn futures revived in the closing minutes along with oats. At the close, soybeans were down the 20-cent limit a bushel, November 5.89; wheat down 20, December 4.22; corn 5 lower. December 2.39 and oats nearly 1 lower, December 1.22. Gram quotations Tuesday: Wheat: Dec 4.22; Mar May Jul 3.66; Sep 3.64. Corn: Dec 2.39; Mar 2.46; May 2.49: Jul 2.51; Sep 2.49; Dec Mar Oats: Dec 1.22; Mar 1.24; May Jul 1.22. Progressing George McCabe, general manager of Win- nipeg's new downtown convention centre, has a variety of tasks facing him before the million facility opens for business late next year. Earnings Canada Trust-Huron and Erie Mortgage Corp., nine months ended Sept. 30: 1973, a share; 1972, Commodore Business Ma- chines Canada Ltd., year ended June 30: 1973, a share; 1972, Kaiser Resources Ltd., nine months ended Sept. 30: profit, nine cents a share; 1972, loss, 46 cents. Lake Shore Mines Ltd., nine months ended Sept. 30: 1972, Little Long Lac Mines Ltd., nine months ended Sept. 30: 1973, 1972, Price Co. Ltd., nine months ended Sept. 30: 1973, 80 cents a share; 1972, 45 cents. Westcoast Transmission Co. Ltd., nine months ended Sept. 30: 1973, a share; 1972, WINNIPEG (CP) The market turned strong on ac- tive trading at midsession on the Winnipeg Commodity Ex- change today. The heavy buying activity that entered the market near the close Tuesday, continued to dominate the trading today. Flax was up about five cents while Vancouver rapeseed had advanced by six to eight cents. Oats and barley were also strong on active buying, mainly domestic shippers. Rye continued strong, main- ly domestic shippers. Rye continued strong, mov- ing up about eight cents. Tuesday's volume of trade was bushels of flax, rye and of rapeseed. Grain quotes (basis Oct Nov Dec May Nov Jan 513 Mar Jun Oct Nov Dec May Oct Dec May Jly Oct Dec May Jly Oct Dec May Jly Mid-session prices: Flax: Oct. 4 higher 8.70B; Nov. 3 higher 8.65B; Dec. 5 higher 8.39; May 3 higher 8.28B. Rapeseed Vancouver: Nov. 6 higher 5.28B; Jan. 7% higher 5.21B; March 6'Xi higher June 8 higher 5.06B. Rapeseed Thunder Bay: Oct. 2 lower 4.96B; Nov. 2 higher 4.98B: Dec. unchanged 4.70B; May unchanged 4.82B. Oats: Oct. 4 higher 1.50; Dec. 3 higher May and July not open. Barley: Oct. 5 higher2.25B; Dec. higher 2.19B; May 3 higher July not open. Rye: Oct. 3 higher 2.47B; Dec. 7 higher 2.36B: May 7V4 higher 2.37VzB; July higher 2.33V2B. Beef futures WINNIPEG (CP) Live beef futures close Tuesday. Nov 49.50A; Jan 51.60B: Mar 52.30N; May 52.00B. Monday's volume: 10 con- tracts. Ltd., said here that work has started on the first shaft to be sunk on the south side of the island in 36 years. He said the digging follows the discovery of evidence of old workings about 700 feet north northeast of the famous money pit. Mr. Blankenship said the new work is being carried out in an area where the surface had never been disturbed by treasure-hunters. Completion of the latest shaft is expected before the end of this year. The consortium was formed in 1969 by a group of Canadian and American businessmen who invested to ex- plore the island. Some coins and timber were uncovered in the money pit by earlier treasurer seekers. They had hoped to find treasure left by Captain Kidd. An intricate system of un- derground tunnels floods the pit. Gold futures WINNIPEG (CP) Gold futures. U.S. funds, Winnipeg Commodity Exchange close Tuesday. Oct 73 101.25B: Jan 74 104.35; Apr 74 107.00; Jly 74 109.70B; Oct 74 112.75B. Monday's volume: 27 con- tracts. GUARANTEED SAVINGS CERTIFICATES Interest Payable Monthly, Quarterly, Semi-Annually, Annually or Compounded to Maturity MEMBER CANADA DEPOSIT INSURANCE CORPORATION FARMERS MERCHANTS TRUST 309 7th St. S., Lethbridge Phone 328-5548 Jtctmiral NATURAL GAS DRYER Gas is clean Faster drying Economical to operate Life-time burners DRYER FEATURES "Flo-Stream" drying action Permanent Press cool down Air fluff setting Three temperature selections Manufacturer's Suggested List MAGIC CARPET SALE All customers making a purchase, will have their name entered in our draw barrel. The lucky couple will be flown to beautiful Hawaii and accommodated at the luxurious Hawaiian Inn for 2 weeks. Draw will be made at 9 p.m. Friday, November 30th, 1973. Towfte 542 13th St, N. FREE PARKING it CONVENIENT BUDGET TERMS FREE DELIVERY FREE STORAGE STORE HOyRS: Daily 9 a.m. to 6 p.m. Thursday and Friday 9 a.m. to 9 p.m. Enquire About Our Total Leasing Facilities ;