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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 24, 1974, Lethbridge, Alberta Thursday, October 24, 1974 THE LETHBRIDQE HERALD 21 No discrimination on investments in Canada Sharp The Herald Business Industrials down in light trade Herald Ottawa Bureau OTTAWA Acting Prime Minister Mitchell Sharp em- phatically rejected Wednes- Brighter outlook for crop MOSCOW (Reuter) A senior member of the ruling Politburo, Mikhail Suslov, said yesterday that this year's Soviet grain harvest will not br bad. "There is every ground for saying that this year the gross yield of grain and other crops will not be bad, and the cotton harvest will exceed last Tass news agency quoted Suslov as saying. Suslov, the Communist par- ty 's chief ideologist, was speaking at a rally in Tashkent to mark the 50th an- niversary of Soviet Uzbekistan. The Soviet Union has not released any grain tonnage figures, -but Western es- timates are in the region of 200 million tons, following last year's record figures of 222.5 million tons. day statements from a Cabinet colleague suggesting that Canada would favor European over U.S. invest- ment under new foreign ownership regulations. government policy is Sharp told the Commons. "We are desirous of diversifying investment in Canada insofar as it is necessary but there is no classification of investors as to whether one is more acceptable than another." The acting prime minister was responding to questions from Opposition Leader Robert Stanfield based on a London news report of a press conference by Regional Ex- pansion Minister Don Jamieson. Jamieson was quoted Mon- day as saying that the Cana- dian' government probably would favor a British or Euro- pean takeover bid over that of an American investor. The London report said the regional expansion minister expressed the view that when investment proposals were scrutinized under the Foreign Investment Review Act, national origin "could very well be a factor, all other things being equal." "A non-American invest- ment would probably be more welcome. Stocks Miscellaneous Vancouver, Calgary, Montreal MIDLAND DOHERT" LIMITED Weather conditions cut grain quality, quantity WINNIPEG (CP) Grain available for delivery from prairie farms this crop year is reduced sharply in quality and quantity because of poor' growing and harvesting weather, the Canadian Wheat Board reported today. Only 36 per cent of available wheat is expected to qualify Real estate industry to he probed VANCOUVER (CP) Economist Gideon Rosenbluth of the University of British Columbia will conduct a one- man inquiry into the real es- tate industry in the province, says Attorney-General Alex Macdonald. The minister said the in- quiry will investigate the in- dustry code of ethics, abuse of realtors' licences, excessive sales staff recruiting and a low return on sales and com- mission rights. I tearing set CALGARY (CP) A public hearing on the prices to be charged for propane services in the province will be held in Calgary Nov. 13-15 and, if necessary. Nov. 18 and 19, M. II. Patterson, chairman of the Alberta Public Utilities Board announced yesterday. as Nos. 1 and 2 Canada western red spring, the two top Canadian grades sold with protein guarantees. This com- pares with 85 per cent in the last crop year. A whopping 30.2 per cent is expected to fall into the lowest grade, No. 3 utility, The pattern in other grains is similar. The report, termed "a bit of a shocker" by a wheat board spokesman although it con- firms growing fears in the grain trade, is based on a sur- vey, of key country elevator managers at 87 per cent of delivery points in Western Canada "From a quality point of view, this is the poorest crop prairie farmers have harvested since the early 1950s and major adjustments will have to be made in our marketing said Chief Commissioner G. N. Vogel. Mr Vogel added discussions already are being started with overseas customers and Cana- dian millers and maltsters to determine how their re- quirements can be be met. "Fortunately we had a sizeable carryover of high- quality grain in commercial positions from last year and this will go a good part of the way to meet the normal quali- ty requirements of Canadian and overseas markets. "But it is evident that we will not be able to supply the full quantities of the grades preferred by many of our customers." WESTERN OILS AND MINES Afton Mines 3.30 Albany Oil 26% Alta East Gas Alminex 4.75 Asamera 7.87% Ashland Oil 650 BP Canada 10.75 Brenda Mines 4.10 Cda Southern 2.50 Cdn Export Gas 2.20 Cdn Homestead 3.05 Cdn Ind Gas 5.12% Cdn Long Island 15 Cdn Superior 32.25 Chieftan Dev 4.75 Dome Pete 19.75 Dynasty 7.00 Nu Ft Reliance .13% Giant Mascot .69 Gibraltar Mines 5.50 Granisle 1150 Grt Cdn Oil 5.25 Lochiel Explor 1.20 Lytton Minerals 1.15 North Cdn Oil 3 65 Numac Oil 11.25 PanCdn Pete 8.25 Pan Ocean 8.50 Petrol 1.15 Paloma 1.00 Place Gas .24 Ponder .48 Ranger Oil 14.25 Scurry Rain 1850 Seibens 6.75 Spooner .19 Total Pete 6.25 United Canso 7.62% West Pete 3.10 West Decalta 4 25 MISCELLANEOUS INDUSTRIALS Acres Ltd Aquitaine 1675 BC Sugar Pfd 10.62% Block Bros 3.20 Canbra Foods 2.50 Cdn Pac A Pfd 27.50 Cdn Pac Inv 13.87% Carting A Pfd 16.62% Carling B Pfd 20.00 Com Cap 1.50 Forest 3.15 Crowsnest Ind 14 25 Falcon Copper 8.37% F M Trust 3.50 Genstar 14.50 Home Oil A 24.12% Home Oil B 21.00 Hudson Bay 1325 Hud Bay Oil 24.75 Hud Bay A Pfd 27 00 Hugh Russell C Pfd 55 50 Husky Oil Husky Oil B Pfd 32.00 Husky Oil E War 4.20 Inter Pipe War 2 35 Inter S P 13.37% Kaiser Res 4.20 Kaiser Res War 1 79 Loblaw C Pfd 22.87% Magnasonics 1.75 Pac Pete 18.00 Pac West Air 12 62% Pe Ben Oilfield Royal Trust Sandwell Teledyne Traders Pfd Trimac Westfield Min Weston A PFd Whitepass PIPELINE STOCKS Alta Gas A Alta Gas'Pfd Alta Nat Gas Gaz Metro Gaz Metro A Pfd Inland Nat Gas N C Gas N c B Pfd Tr-Cda Pipe Tr-Cda A Pfd Tr-Cda B Pfd Tr-Cda War West Trans West Tr War CALGARY Acroll Barons Oil N. Continental Western Warner VANCOUVER MINES Bathurst Norsemines Cima Resources Dankoe Davenport Lornex Northair Mines Primer Pyramid Silver Standard Valley Copper INDUSTRIALS Key Industries Wardair OILS August Petroleum Plains Pete Stampede Int'l Res MUTUAL FUNDS All Cdn Compound All Cdn Dividend All Cdn Ventures Amer Growth Fund A.G.F. Special Cdn Invest Fund Eaton Commonwealth Eaton Leverage Eaton Infl Venture Corp Investors Corp Invest Stock Fund Dreyfus Fund U.S. Grouped in Shares Growth Equity Investors Growth Fund .Investors Mutual Mutual Accum Nat Resources N.W. Cdn N.W. Growth Principal Growth Royfund Templeton Growth United Accum Universal Savings Vanguard 3.60 19.50 4.50 4.30 9.75 3.60 .58 45.50 6.62% 11.37% 61.00 16.00 5.00 5.25 11.25 9.50 18.00 9.25 49.50 28.00 .75 17.62% 1.75 .31 .01% .22% .77 .41 2.05 .35 5.40 1.49 .04% 05 .90 5.00 .07 1.30 .17% .07 .55 4.80 4.96 2.21 3.58 1.84 3.90 11.14 6.62 4.39 4.97 3.74 8.29 2.48 5.01 9.54 4.66 5.01 349 4.21 3.46 3.16 4.98 6.17 3.61 6.62 3.89 Toro nto m ines, Indus trials (Supplied by Richardson Securities of Canada) COMMERCIAL PROPERTY Red Deer MstalClad Concrete Block Excellent location between two major highways. Good revenue property with plenty of room for expansion. For further information call or write: SCHWARTZ AGENCIES (1972) LTD. Alberta Phone (403) 329-3331 INDUSTRIALS Abitibi Alcan Algoma Steel Atco Ind Agra Ind Bell Tel Brascan A BC Tel Burns BC Forest BC Sugar Bow Valley Ind Cable CAE Ind Cal Power Canbra Foods Can Cellulose Carling O'Keete Chemcell Coron Cred CWN Gas Pld Cdn Ind Cdn Marconi Cdn Vickers Chrysler CPR Cominco Cons Bathurst Cons Gas Dist Seagrams Dom Bridge Domtar Dom Textile Dom Stores Dome Pete Dolasco Glen Mobile Grt Cdn Oil Gen Motors Grt Lakes Paper Gull Oil Greyhound Hawker Sid Hiram Walker A Huron Erie Imperial Oil A Imasca A Int Nickel Int Pipe Inw Grp A "U Inn- Lid Jannock Kaps Kel Douglas A taurentide Loeb Loblaw A Metropolitan Massey Ferg McMrfl Moore Corp Motsons A Molsons B "Nachurs North Cent Power Corp PnoeCo Rothmans Sbefl CDA Sampsons Simp Seats Sieel Can A A 9.87% 23.50 24.37% 1 1 00 4 65 41.25 11.1214 46.00 3.75 11.50 18.37% 14.25 9 00 7.00 18.37% 2.50 4.3S 2.30 4.35 1.50 8.00 16.87% 3 15 12.25 9.37% 13.25 24.25 13.50 34.50 20.37% 800 14.75 19.87'.4 24.37% 1 95 5.25 31 75 17.00 24.37% 13.25 4.90 21.00 26.00 23.12% 2300 12.87% 5.62% 9.87% 17.12% 5 12% 4.50 7 37% 2.65 4 95 925 14.12% 21.75 38.75 15.00 14 50 5 62% 950 2.90 8 62% 9.12% 12.62% 6.25 JO 00 26.00 1025 Westeel Westons Woodwards A BANKS Can Imperial Montreal Nova Scotia Royal Tor Dom MINES Acme Advocate "Asb. Akaitcho Bralorne Broulan Bethlehem Bovis Brunswick Can. NW Land Canada Tung Cassiar Central Pat. Chimo Conwest Cons. Rambler Coin Lake Cochenour Craigmont Dickenson Mines Denison Mines D'EldOna Dome Mines Discovery Mines East Malartic East Sullivan Falconbridge Frobex First Maritimes Gianl Y.K. Granduc Hollinger A Hudson Bay MSS A Hydra Ex. Iron Bay Iso Joliet Quebec Kerr Addison Key Anacon Labrador Lake Shore Langis Silver Madsen R L Malartic G F Martin McNeety Madntyre Mela Midrim Intern Mogul NuWesi Homes New Athona New Calumet Noranda Northgate Nortex Pine Point Placer Oev. Pax Exp. Quebec Man Rcyrocfc Radtore Rio Algom Roman Cotp ShetriM Gordon Sleep Rock 17.50 21.00 18.50 Grp A Trans Mtn Pipe Trans Can Pipe Unton CatfDide Union Gas Union OH Untied Sisooe WIlQ Corp. A 9 75 J1.5D 900 S 00 7 87% 286 5 00 Canso Weston Mines WH Copper Mines WrigM Hatgreaves Wfllroy WtncJIall 8ear York (Sspplkd bv fUchardtoB Scorifies of Caudal Arm T T Anaoonda Orrrysfter Oomsal Oupcrnl Duocrfl Gen Motors Harvester Sears Ward Texas Co WtxCorpn 45 00 1S25 26 SO 962% 25.SQ 9925 3287% 18-25 1900 3075 US 00 45 SO 6575 25.62% Woolwonjti Westlnghouse Etec USSteeA Tefl Etoc 1062% 9.12% 37 87% 2025 1050 TORONTO AVERAGES 20 Industrials 16360 down 20 427.70 up 37.50 10 Sase Metals 64 40 up .31 15 Western Ote 145 00