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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 19, 1971, Lethbridge, Alberta Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty, Roadhoiiso and McCuaig) LAST BID OR SALE a.m. WESTERN OILS West oils suffer sharp declines TORONTO fCP) Western oils suffered sharp declines as prices in all sectors of the To- ronto stock market moved lower for the second consecutive ses- sion in slow mid-morning trad- ing today. The western oil index was off 1.86 to 214.46, industrials .03 to 163.82, golds .17 to 146.24 and base melals .15 to 75.14. Volume by 11 a.m. was shares, compared with at the same time Mon- day. Declines outnumbered ad- vances 112 to 60, with 176 issues unchanged. Banking, food processing, oil refining, real estate and bever- ages among the market's weakest sectors. Pacific Pete dropped lo Gulf Oil to Bell 'A to Bank of Montreal Vt to and Shcrritt Vj lo Ranger was off to Seagrams >'s to Canadian Breweries VK lo Consum ers' Gas to and Mont real Trust Vt to Falconbridge was up '.'2 to Lake Dufault Vt to Steinberg's A ;s to Pont to ?17's and Supertest ordinary 1 lo PRICES SLIP MONTREAL (CP) Prices in most sectors slipped lower in light trading on the Montrea stock market today. The industrial index fell .51 to 170.58 as utilities dipped .67 t 144.54 and the composite .49 to 169.41. Papers managed a frac tional gain of .05 to 68.45 am banks were unchanged at 203.61 Combined volume on th< Montreal and Canadian stock exchanges at 11 a.m. was shares compared wit! at the same time Mon day. Dominion Bridge fell ti Trans Mountain Oil Pip' Line 14 to Bell Canada l< Imperial Oil to International Nickel Vi to and Pacific Petroleum t Scott-LaSalle was up t Comineo V2 to Distill ers-Seagrams to an National Sea Products t By Gene Fawcette A WHEELCHAIR IN WHICH A HANDICAPPED PERSON CAM STAND AS WELL AS SIT, HAS BEEN DESIGNED. BYPULLMS TWO KNOBS, THE SEAT AND BACK OF PADDED ROLLERS, HELD IN PLACE BYSPRINSS, IS RELEASED EASING THE OCCUPANT UPWARD INTO A STANDING POSITION... THEACJIOH, MEIOCKS AREA3AINRE- tfASeP AND THE SPRINGS posmous ARKET SINKS NEW YORK (AP) The ock market sank sharply day as a result of disappoint- third-quarter earnings re- fts and continued anxiety )out phase two of President xon's economic program. The noon Dow Jones average 30 industrials was off 7.88 nls at 854.56. Declines on the ew York Stock Exchange led dvances by more than 3 to 1. Dome Mines, up Vs to as the only Canadian on the us side. Mclntyre Porcupine st !z to Canadian Pacific off at and Inco ropped to Canadian issues were un- langed on the American Stock xchange. Almlnex Alta East Gas Asamera Ashland Oil B. P. Oil, Gsi Cdn Southern Cdn Export Gas Cdn Home Cdn Home Pfd Cdn Ind. Gat Cdn Long Is. Cdn Superior Central Del Rio Charter ChieHan Dome Pete Dynamic Pels Great Plains Great Cdn Oil Lochiel Expl. Mill Clly New Cont. North Cdn Oil Numac Pan Ocean Permo Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Spooner selbens Tolal Petrol Ulster West Decalta Westcoast Pete S.3S 5.10 14.7S 10.00 5.80 3.7S 8.70 16.00 Hudson Bay oil 43.25 Hud Bay Oil Pfd 54.00 Hugh Russell 18.75 Husky Oil Husky oil B Husky Oil War inter Prov Pipe Inter Prov Steel Kaiser Lake Dufault io.w a MGF Manage. .60 Pacific Pete 39.00 SIck's Teledyne West Cdn Seed 14.75 5.45 8.70 Whitepi 32.50.. .92 Acroll 31 Barons Oil 5.00 1.31 1.75 .60 6.15 11.75 Mutual Ac Mutual Gr F Nat Res NW Fi n 41.50 NW Gr 6.50 Principal Gr 11.25 Royfund 7.12V) Temp Gr 4.80 Untied Ac 11.25 Universal Sav VANCOUVER 31.37V) MINES Anuk Arctic Mlnjng Norse Brenda Churchill Copper Croyden Dankoe Dolly Varden Dynasly Fort Reliance Giant Mascot Granlsle Kamloops Copper Lornex Lytton Minerals Primer Pyramid 5.07 S.S8 4.9? 6.49 6.64 7.24 4.26 J.6B 5.34 i.a 3.97 4.36 5.30 5.51 24.21 26.46 4.69 5.15 6.77 3.65 .50 .IB .87 It 5.15 .38 4.30 10.25 .06 6.25 1.12 MISCELLANEOUS INDUSTRIES Grain prices Winnipeg Grain WINNIPEG (CP) Prices ere generally lower on a fair olume of trade at mid-session the Winnipeg Grain Ex- hange today. In rapeseed, exporter buy- ng helped offset some of the eavy hedge offerings but the uying was mostly on a scale- own pattern. Volume of trade Mnoday in- luded bushels of flax, of rye and of apeseed. Mid-session prices: Flax: Oct. lower ov. lower Dec. lh. ower May lower Rapeseed Vancouver: Nov. lower 2.74'iB; Jan. 314 low- er 2.71VJB; March 3V4 lower June 1'A lower Rapeseed Thunder Bay: Oct. 2'i lower Dec. 2% low- er May 3 lower 2.64B; July lower 2.6214A. Oats: Oct. higher GoV'eB; Dec. 1 lower 64VzA; May Vs ower 66ys; July unchanged Barley: Oct. unchanged l.03V'2A; Dec. unchanged May lower July 1 higher 1.05B. Rye: Oct. unchanged Dec. Vi lower May ower July not open. High Low Close .Flax Oct 246 243 Nov 246% 243% 245% Dec 242% 238'A 242% May 249 245'A 249 Rapeseed Vancouver Nov 282 274 281 Jan 270% 277 Mar 275Vi 268 274% Jim 271 265% 268% Itapcsccd Thunder Bay Oct 261% 259 261% Dec 200% 259V's May 270V2 266 268% July 266V4 Oats Oct 65Vs 65 65 Dec May 66% Jly Barley Aquatoine Brlnco Cdn Brew A Cdn Brew B Cdn Pac Inv Pr Crowsnest Ind Cygnus A cygnus B Genslar Hums Oil A Home Oil B Hudson Bay Co Madison West Warner .31 PIPELINE STOCKS Alia Gas Tr L A .18.50 Alta Gas Tr L Ptd 74.00 M..J Alta Nal Gas 22.00 10.62V2 inland Nat Gas 12.00 .41 N and C Gas 14.00 1.27 N and C B Pfd 28.75 .50 pacific Gas Tr 12.75 1.07 Gaz Metro 65.00 on Metro Pld A 5.37'A Silver Standard 11..'0 Tr Cdn P 33.62V'j Texmont Tr Cdn P Pld B 42.00 Troian Tr Cdn P Pld A 61.75 Valley Copper Tr frin P War 9.75 WC Res WC Trans 23.75 INDUSTRIALS MUTUAL FUNDS Block Bros .1.00 All Cdn Com 8.11 8.86 B.C. Sugar 9.12 9.67 B.C. Sugar Ptd 3.71 4.06 Capt Inter 596 6.54 Creslbrook F Ind 2.84 Growers B 4.32 4.74 Key Indust 5.94 6.52 Hys tmnw 12-38 13.60 Interior Brew cmnw Lev 3.21 3.53 Inter Mariner Cora Invest 5.17 5.65 okanagan Helicop Corp In St F 4.77 5.22 Pacific W Air Dreyfus F U.S. 11.91 13.03 Stampede Intl Res .61 Vi Gr In Shares 3.54 OILS ins Gr Equity 6.36 Albany Oils 338TO Inve't C-r F 10.3] 11.80 Plains Pete 17.25 Invest Mutual 5.14 5.63 West Explor .HVj 15.50 1.20 8.75 6.70 1.60 1BL37H Cdn" Diyii 26.15 5.00 29.00 36.00 575 6 W Cdn Vent Amr Gr F AGF Special Cdn tnvesl F Col Mutual .36 1.26 .42 .30 7.75 .06 16.00 6.25 3.80 !.40 .22 3.00 6.00 11.37VJ Oct Dec May Jiy Rye Oct Dec May 103'4 1033i 106% 100 10614 10314 103% 106% 97% 98% 1037s Jly 10314 103% 106V4 10514 100% 10614 102 Show us. Show yoursel kl the Canadian Armed Forces you'll have n real opportunity tor modern Infantry training in n man's world ol action nmong men. We're intcroslod in you and wo look alter you. You'll get experience and good pay. You'll onjoy tho benefits ol 30 days leave cnc.h year. As woll Toronto mines, industrials (Supplied By Richardson Securities of Canada) LAST BID OR SALE a.m. Quotes) a.m. Quotes) a.m. Quotes) Lethbridge Livestock (Supplied by Canada Department of Agriculture) On offer to a.m. 175 cattle. Receipts about evenly di- vided between slaughter and replacement cattle. Trade ac- tive. Good and choice butcher steers meeting an improved de- mand. Prices 25 cents or more higher with odd sales to 31.50. Good and choice butcher lici- fers meeting a keen demand. Prices 25 cents higher. The few cows on otter selling steady. All classes of replace- ment cattle meeting very goal demand at firm rates. Choice steers 30.50 to 31.30; good 30 to 30.50. Choice heifers 20.25 to 29.90; good 28 to 29. Good cows 22 ro 23; medium 20.50 te 21.50; canners and cut- ters 18 to 20. Good heavy feeder steers over 800 Ibs. 31 to 34. Good light stock steers 600 to 750 Ibs. 34 to 36. Butcher hogs sold Monday Lethbridge 23.45 to 24.25 base price. Calgary livestock CALGARY (CP) Receipts at the Calgary livestock mar- ket to 11 a.m., about 1.400 head; mostly mixed grades and classes of slaughter cattle. Trade was active with a good .oeal and eastern demand. Slaughter steers were steady with sales 31.80; heifers were in short supply and meeting a keen local demand at 25 cents Higher; cows were mainly me- dium and canner kinds at 25 cents higher with other grades steady; bulls were steady. Choice slaughter steer 31 to 31.60, good 30 to 30.75, medium 29 to 29.75. Choice heifers 20.50 to 30.20, good 28.50 to 29.50, me- dium 27.25 to 28.25. Good COWS J2.25 lo 23.25, medium 20.50 to 21.75, canners and cutters 17 to 20.25] Good bulls 23 to 25. Replacement cattle and stock calves met a good local demand at fully steady prices. Good feeder steers less than 750 pounds 34.50 to 37.20, more than 750 pounds 31 to 34.25. Good feeder heifers more than pounds 29 to 33.10. Good slock steer calves 38 to 45.50. Good slock heifer calves 32 to Hogs base price 23.50. Tuwday, October W! m UTHMIDOE HKA1D IS Royalties swell Alberta coffers EDMONTON (CP) Royal- ties from the petroleum indus- try in Alberta increased by more than million during the third quarter this year com- pared wilh 1970, the mines and mineral department said today. For the three months ended Kaiser slices loss MINES Acme Advocate Asb. Akaltcho Black Bay Bralorne Broulen Bethlehem Brunswick Caneda Tung. Cassiar Central Pat. Chlmo Conwest Cons. Rambler Coin Lake Cochenour Craigmont Dickenson Mines Denison Mines Deer Horn D'Eldona Dotr.e Mines DonaIda Discovery Mines East Malarlic East Sullivan Falconbrldge Frobex First Bovls Granduc Headway R.L. Hollinger Hudson Bay M-S Hydra Ex. Iron Bay ISO Joliet Quebec Kerr Addison Key Anacon Labrador Lake Short Langis Silver Madsen R.L. Malarlic G.F. Marlin McNeely Maclntyrt Meta Mldrlm Intern Mogul New West Homft New Athona New Calumet W. copper Noranda Northgate Norlex .J2V2 Opemiska l.SO Osisko .36 Patino .03 Pine Point 1.60 Placer Dev. .23 P.C. Exp. 16.50 Quebec Man Rayrock 1.72 Radlore 1B.25 Rio Algom 1.62. Roman Corp. l.oi Sherritt Gordon 7.00 Silver Miller 7.47 steep Rock .09 Tek Corp. .27 Texmonl 8.00 Upper Canada .79 Western Mines 19.50 Wrighl Hargreaves 1.12 Wiliroy .50 Windfall -08 57.12Va Ycllowknlle Bear 4.BO .06 Zenmac INDUSTRIALS 13.00 4.75 12.37VJ .OS 2.02 4.60 1.77 2.60 .95 Abltibi 2.65 Alcan 7B.25 Algoma Steel .25Vi Atco Ind .50 Allan Sugar Bell Tel Brazil Trac B.C. Tel Burns 1.55 4.45 6.50 35. UO 18.8714 B.C. Forest .15 B.C. Sugar 2.95 CAE Ind 1.08 Cdn Brew .21 Chemcell a.55 Col cellulose -ii Cal Power Coron Credit Cdn Indust Canda S S Cdn Marconi Cdn Vickers Chrysler CPU Comineo Cons Bath, cons Gas Dlst Sea Dom Bridge Domtar Dom Textile 27.12V1 Dom Stores 4.85 Dome Pete 34.50 2.31 .08 .63 .61 .07 49.50 .09 7.75 .12 .17 1.75 6.12Vi 16.25 11.75 6.00 43.50 17.25 58.50 11.12V2 17.75 17.75 3.85 6.00 4.40 3.00 1.00 11.00 33.25 9.62 ft 29.25 12.50 21.00 6.121A 19.12V2 53.50 22.Z5 10.00 16.87V2 33.25 Dofasco CAB Fd of Amer Gt Cdn Oil Gen Motors Gt Lakes Pap Gulf Oil cda Greyhound Hawker Sid Huron, Erie Hiram Walk Imperial Oil Imasca Int Nickel Int Pipe Inv Gp A Int Utilities Indust Accept Laurentide Kelly Doug A Loeb Loblaw A Metro Stores Massey Ferq McMillan Bloe Moore Corp Molsons A Molsons B North, Cent Power Corp Price Co Rothmans St Law Corp Shell CDA Simpson's Simp Sears Steel of Can Selkirk A Texaco Traders Gp A Trans Mtn Pp Trans Can Pp Union Gas Union Oil Versatile Mfg Wesieel Union Car Weston's B Woodward's A West Cdn 5d Zenith Elec BANKS Can Imperial Montreal Nova Scotia Royal Tor-Dom Net earnings By THE CANADIAN" PRESS Acklands Ltd., nine months ended Aug. 31; 1971, profit, 26 cents a share; 1970, loss, 89 cents. Great Plains Development Co. of Canada Ltd., nine months ended Aug. 31: 1971, a share; 1970, 98 cents. Sept. 30, oil royalties swelled the provincial coffers by million compared with million during the same period last year. Royalties on natural gas in- creased slightly to million from million and royalties on gas products edged up to million from million. Total revenue from all sources the sale of crown re- serves, drilling reservations, li- cences, leases, rentals and roy- alties was S61.7 million dur- ing the three-months compared with million in the same quarter of 1970. However, the total revenue from sales decreased to million from million but revenue from rentals jumped to million from VANCOUVER (CP) Kaiser Resources Ltd. reports a third- quarter net earnings this year of on sales of compared to a loss of on sales of in the cor- responding period of 1970. For the first nine months of this year, net loss was 000 on sales of com- pared with a loss of mil- lion on sales of hi the corresponding period last year. Loss per share for the first nine months of 1971 was compared to a loss of 27 cents a share in 1970. Beef futures WINNIPEG (CP) Live beef futures close Monday. Nov 32.80B; Jan 33.00A; Mar 31.90N. Potato futures WINNIPEG (CP) Mari- time potato futures close Mon- day. Nov 2.25N; Mar 2.25N; Apr 2.35N; May 2.70N. 21.00 13.00 70.50 4.95 11.50 13.25 13.50 2.15 21.00 35.75 29.37'A 28.37V2 26.75 37.25 18.25 8.50 5.25 3.75 5.12'A 13.62V2 10.25 20.75 34.50 16.50 16.12V2 13.75 4.80 6.75 14.12V] 19.00 35.25 19.00 25.00 22.62 Vi 15.00 32.00 12.75 21.00 33.50 14.00 44.00 3.30 12.50 13.00 14.75 22.25 4.50 1.70 22.75 27.25 26.12V2 24.12V2 Amr T and Anaconda Beth Steel Chrysler Comsat Dupont GM Gulf Int Harvester Kenn Copper New York stocks (Supplied By Richardson Securities of Canada) T Montgomery Ward 30.50 20 Golds 146.OT off' B 1400 Sears 91.37'A 10 Base Met 75.06 off .23 2475 Std 01 lof N.J. 70.75 15 W Oils 215.01 oft 1.31 2935 Texas Gulf 113.87V1 Volume 5475 Co 32.00 NEW YORK AVERAGES 151.00 Woolworth 48.75 30 Indust 863.83 off 8.61 81 25 Westinqhouse Elec 91.00 20 Rails 233.39 off 3.29 2725 US Steel 28.62V2 15 Utilities 114.20 olf .58 5675 TORONTO AVERAGES 65 Stocks 299.63 off 3.11 2675 20 indusr 163.29 off 1.16 Volume Closed plant back in operation TORONTO (CP) Great Ca- nadian Oil Sands Ltd. reported Monday that its facility at Fort McMurray, Alta., has resumed production after being closed for about three weeks for planned maintenance and re- pairs- The plant processes material from the Alberta oil sands. Regular crews were kept on the payroll during the period to lielp repair crews. Dollar value MONTREAL dol- lar in terms of Canadian funds down 3-32 to 7-16. Pound sterling down Vi to R the opportunity to see new places. The Military Career Coun- sellor will give you all the de- tails on the inlantry-mako your move. BRIDGE TOWN HOUSE MOTEL 12 Noon to 8 p.m. Wednesday and Thursday October 20 and 21, 1971 Hog sale o Monday sales 14.40 hogs. All classes of weaner and feeder hogs met very good demand. Weaners sold fully steady. Light feeders under 100 Ibs are or more higher per head. Heavy feeders over 100 Ibs are strong to per head higher. Weaners 5.50 to 11.50; light feeders under 100 Ibs 11.25 to 18; heavy feeders 100 to 130 Ibs 16 to 19; heavy feeders over 130 Ibs 22.50 to 27. All prices per head. Light feeders under 100 Ibs sold from 16 to 20 per hundredweight; heavy feeders over 100 Ibs 14 to 17 per hun- dredweight. Butcher hogs sold Monday at the Lethbridge yards 23.45 to 23.65 base price. BULLDOZER OPERATOR Lynn Drinkrow, of Bisborne, New Zealand, only weighs 105 pounds but she is a bulldozer operator by occupation. THE CANADIAN ARMED FORCES Enroll in one of Canada's Finest Youth Organizations Run by Cadets for Cadets ROYAL CAN ADI AN ARMY CADETS PARADE: Thursday p.m. Lethbridge Armouries, Kenyan Field Airport ACTIVITIES INCLUDE: Shooting, Weekend Exercises, Summer Camps Free Transportation, Uniforms, Equipment and Camps. For further information about transportation, etc. Contact: R. S. M. MATHESON 328-5218 SGT. GURR 327-5051 CPL. MASON 327-7440 IT. BODHl 327-0609 Traction speaks louder than words, Quality Winter Tires start at ;