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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 10, 1970, Lethbridge, Alberta y, 10, THI IFTHBRIDGI HERALD IS Mixed Trend Evident Today TORONTO (CP) The To- ronto stock market was margin- ally lower in mid-morning trad- ing today. ________ Grain Market WINNIPEG (CP) Sharply stronger price patterns in flax, oats and rye appeared near the close of the Winnipeg Grain Exchange today. Light hedges and apparent short covering pushed up flax prices while oats drew an ex- porter and domestic shipper trade. Balrey was mostly steady in light trade. Vancouver and Thunder Bay rapeseed futures were steady to easier in light demand. Export loadings of Canadian wheat included bushels to Belgium, to China, 81248 to France to Ger- many, to India, to The Netherlands to Peru to Switzerland, to Venezuela, to Britain, to Taiwan. Prices for class two wheat for export to countries outside IGA: 1 Nor 1.7M; 2 3 4 1 Durum 2 3 IGA prices: 1 Nor 1.7314; 2 I.TIM; 3 1 4 1 Durum 2 3 High Low Close Flax Out 277 274 276 NOV 265W 264 264% DEC 258 25614 256% May 266% 26614 265% Rapeseed Vancouver NOV 252% 248% 248% Jan 251 247Y4 248% Mar 250% 247 247 May 249 246 246 Rapeseed Thunder Bay On index, industrials dropped 07 to 162.21 and western oils .67 o 179.11. Golds advanced 1.08 to 37.05 and base metals .01 to 6.55. Volume by 11 a.m. was shares, down from 86JOOO at the same Vednesday. i to Kaiser Eesources o Denison Vt to :ampbell Chibougamau 20 cents o Brameda 15 cents to 2.85, Hanger to Western Jecalta 20 cents to and Spooner 17 cents to Crown Life was up to Simpsons to1 Endako Oet Dec Apr Oats Oct Dee May Jly Barley Oct Dec May Jly Rye Oct Dec May 253 _------------243Vz 95% 91% 93% 90 95 92 95% 93% 9414 92% 127% 127 127% 126% 12414 125 12814 129% ----------------128% 111% 11214 114% 11114 112 914 11614 11614 11814 Senior Appointment of Life E. H. CKAWFORD The Canada Life Assurance Company announces that E. H. Crawford has been appointed Executive Vice-President anc Treasurer. Associated with the Com- pany for twenty-two years, Mr. Crawford was Vice-President and Treasurer prior to this lenior appointment. AlmlnM ,samera Mil B. P. Oil an South dn Hxp Gas tin Grldoll Home dn Ind Gas dn Long Is dn Super cut Del Rio tisrler hicltan ome Pele )ynam "Vench Pete 3t Plains m Cily Jew Cent lorlh Cdn Oil Jumac time euneiudy. Losses outnumbered gains 119 o 95 with 160 issues unchanged. Among declining stocks, Valker-Gooderham was down 14 o CPR to Inco 10 'etrol Hnnacle Mace Gas Ponder Ranger curry Rain Spooner West Decal MISCELLANEOUS INDUSTRIALS o and Falconbridge to 134. ADVANCE MONTREAL climbed higher in heavy trading MI the Montreal stock market oday. Banks regained some strength that had waned in recent ses- ions posting a gain of more han a point by 11 a.m. Utilities, he composite and papers were ahead fractionally while in- lustrials slipped. Among senior oils, Imperial Oil was ahead Vt to and Northern and Central Gas Va to U3te while Husky Oil slipped Vt o Highlighting gains were Royal Bank up to Belgium Standard V, to Mac- Millan-Bloedel to Lo- gistec Corp. to and In- ;lis Vt to Among declines was Ivaco, off to The company an- nounced earlier acquisition ol controlling interest in Ingersol Machine and Tool Co. Ltd. Ivaco is based in Marievffle, Que. Other declines were Inco oft to Noranda to Dominion Textile to and Moore Corp. Vs to On index, banks rose 1.21 to 178.35, papers .46 to 89.79, utili ties .32 to 134.99 and the com- posite .10 to 161.09. Industrials were off .12 to 165.02. A total of shares changed hands by 11 a.m. DRIFT DOWN NEW YORK (AP) Stock market prices continued their downward drift early this after noon in moderate trading. At noon the Dow Jones aver age of 30 industrials was off 5.1 at 761.30. Declines held more than a 2- to-1 lead over advances on thi New York Stock Exchange. _ Analysts said the market wa reacting uncertainly to the ras of airplane hijackings as well a to the possibilities of rail an auto strikes. The market wa also facing renewed profit-tak ing pressure. Stocks were lower in all cat, gories except metals, rails an oils, which were mixed. At noon, the Associated Pres, 60-stock average was off 1.8 tt 252.1. Large-block trades include shares of Roan Selection Trust at up Vs, and 0 Xerox at off 2. Other prices included Occi dental Petroleum up Vs to and Natomas up to Mclntyre Porcupine gainet Vk points to Internationa Nickel was off 1V6 at am Dome off at On the American Stock Ex change, Scurry Rainbow dropped to Brascai and Canadian Javelin wer down to and re spectively. Atco Indus Aquataine Brit Nlld Cp Cdn Brew A Cdn Hyd Car Cdn Pac Inv CPR Pld Crows Nest In -ygnus A Cygnus B Gt Cdn Oil it Cdn Oil Sd tome Oil A