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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 27, 1972, Lethbridge, Alberta Lower market trend continues TORONTO (CP) Prices on the Toronto stock market slipped moderately lower ill light mid-morning trading to- day. The industrial index, consid- ered a major indicator of mar- ket trend, was down .-19 to 20G.3B, base metals .09 Lo B3.7J and western oils .30 to 250.49. Golds, however, climbed .10 to 181.08. Volume by 11 a.m. was 000 shares compared 000 traded by Hie same lime Thursday. Sectors of the market record- Ing the most losses were indus- trial mining, steel, trust and loan lood processing stocks while general manufacturing, oil refining, communication and real estate issues recorded slight pains. DECLINES HOLD EDGE Declines held a slight lead over advances, 10G io 100, while 163 issues remained unchanged. Nabors Drilling was m to Falconbridge Nickel to S56, Walker-Gooderham M. to DP Canada (a SlS'.i and Magnetics International 5 cents to SI.05. IntoTprovincial Steel rose 1 to 515, Texas fiulf '2 to Slli Reichhoid li to Dawson Developments 'o and Slater Steel H to Falconbridge Copper slipped lo Dynasty 15 cents to and Bethlehem lo S15-Va, Tara Exploration advanced to ?M% and Consolidated Ram- bler 7 cenls lo S2.05. MONTREAL All sec- tors declined in light trading on the Montreal stock market to- day. Combined volume on the Montreal and Canadian stock exchanges at 11 a.m. was 300 shares, compared with 900 nl the same time Thursday. Banks dropped 1.02 to 262.67, Industrials .84 lo 227.19, I li e composite .69 to 21S.55, papers .16 to 88.56 and utilities .03 lo 152.60. On the Montreal Stock Ex- change, Imasco Ltd. rose 1 to B.C. Telephone 1 to and Flcetwood 1 to while Rapid Data dropped 1 to On the Canadian Stock Ex- change, Atlantic Tungsten added four cents to 39 cents on shares traded. NEW YOHK CAP) Blue chips led the stock markel lower today as trading slowed. Trre noon Dow Jones average of 30 industrial stocks was Dollar value MONTREAL (CP) U.S dollar in lerms of Canadian funds up 1-32 at 3-16 Pound sterling up 1-16 at MO. NEW YORK (CP) Cana dian dollar at noon down 3-G4 a 27-32 in terms of U.S funds. Pound sterling down 9-61 at J2.34 47-64. WltSW! By Gene JUST INTRODUCED ISANcW BATTERY-POWERED SHAVER WITH A FIRST-QF-ITS-KINP SWIVEL HEAP POP-UP TRIMMER. ITUSESSHNRAHP 'AA' BATTERIES AND HAS A SLISHTLY CONVEX MICRO- THIN CUTTING SCREEN own 1.28 at 919.25. Among is- ues traded on the New York lock Exchange, advances and eclines ran alxiut even. Losers among Canadian locks were: International ickel, oil at Dome lines, off Vt at Massey, ff at Canadian Pa- ific, olf IS at 515; Distillers otf at ?39, and Al an, off n at Mclntyre Porcupine was up at SSOri. On the Amex, Canadian Jave- n, Canadian Marconi and curry Rainbow Oil were all oil The NYSE index of more han common stocks was iff .08 to 60.69 at noon. The imerican Stock Exchange irice-changc index was hanged at 25.83. Grain prices Winnipeg Grain WINNIPEG (CP) Prices loved in a narrow range airly active trading to mid ession on the Winnipeg Com nodity Exchange today. There was good commercin >uying in rapeseed where irices ranged from 1 cents lighcr to fractionally lower Trading was lighter in Ilaj vhere prices were slightly low ei1 in nearby months. Oats and barley prices wen 'inn lo higher in a good domes ic shipper trade wliile rye due uated in commission house radc. Volume of trade Thursday consisted of bushel's lax, bushels of rye bushels of Vancouve rapeseed, of Thunde 3ay rapeseed. Mid-session prices: Flax: Oct. 1 lower 3.45