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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 16, 1971, Lethbridge, Alberta Grain price review Winnipeg Grain WINNIPEG (CP) The trading activity at mid-session on the Winnipeg Grain Ex change today was in rapeseei where prices were down much as three cents. Continued commission hous and hedge selling met wit scale-down buying Interests. Few trades were complete WESTERN OILS Umlntx 1.75 Emt Gis 5.20 1B.H 11.50 7.00 A.OO J.H 11.00 a.m. R-.IO Hud Bay oil prd 5750 a.m. Corp Invest Asai nera Ashland BP O] IGas Can South Cdn Ex Gas Cdn Homesld Cdn Home Pdt Jl.lZVi Kam Cdn Ind Gas Oil Dulaull Edmonton to get new bank MONTREAL (CP) The Mercantile Bank of Canada an- nounced today it will open its first branch in Edmonton at the end September. Paul H. Austin, president, said the introduction of Mercan- ble's banking facilities to Ed- monton is in line with the bank's plans to establish branches in industrial centres to serve Canada's growing busi- ness community. "We are continuing to investi- gate the potential of other com- munities across Canada to de- termine the best locations for additional branches." The bank had been restricted n growth since 1967 because of "ederal government legislation. However, the government and .he First National City Bank of he United States, which con- trols Mercantile, reached an agreement last February. The agreement eliminated growth rstrictions with the ap- iroval of a program to ensure hat Canadian residents acquire at least 75 per cent ownership of capital stock of the Mercan- tile Bank by the end of 1980. In the six months ended July assets of the bank grew o million from ?188 mil- lion, an increase of 48 per cent. The Mercantile Bank was in- corporated in 1953. During its irst 10 years branches were ipened in Montreal, Toronto and Vancouver. Later branches vere established in Calgary, Vinnipeg, Quebec City and HaU'- "ai. Cdn Long Cdn Super Cen Del Hlo Charter Chlellan Dome Pete Dynamic Pete Gl Plains Lochlel Mill Clly New Cont .North Cdn Oil Numac Permo Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Spooner Tolal West Decalta 43.75 17.00 i.n 7.7S 15.25 1.15 34.25 1.32 2.05 .75 7.00 12.SO 64 1.45 .65 1.24 .47 13.25 19.25 1.15 i.m 5.55 ri.07 Hugh Ruuell Pld Corp Invest S F 5.19 5.67 Husky Oil Dreylus F U.S. 12-39 13.5! Husky Oil PFd 42.JO Grouped Inc S 3.4B 3.B3 Husky oil War B.25 Growth Eflulty 0.37 7.00 Inter Prov Pipe Invest G F 10.66 11.B7 Inter Prov Sleel Invest Mul .62 Mulual Accum 4.95 Mulual G F .47 Nat Resources 1S.B7'A N. W. Finance 2 40 N W Growth 5.50 6.04 2 00 "rlncinal Grow 4.32 4.74 .rn rioytund 5.72 5.95 -Thurtdav, September 1C, 1971 THE LETHBRIDGE HERALD 25 JoUtBl Kaiser Res 5.93 5.47 6.01 5.23 5.75 7.3B fl.07 4.62 5.06 temple Grow 25.3527.71 United Accum 4.95 5.44 Universal Snv 7.26 7.97 VANCOUVER Anuk Arcllc Mining Alias Explore Bathurst Norse 3.BO Beth Copper 4.60 Block Bros, 10.35 Brenda B.C. 3ugar n B.C. Sugar Pfd 51 Captain MISCELLANEOUS INDUSTRIES 9.50 B.50 :i.oo Agra Ind Atco Ind Aqualalne Brit Nlld Cdn Brew A Cdn Brew B Cdn Hydro Car Cdn Occldenlal Cdn Paclllc In' CPR PPd Crowsnesl Ind cygnus A Cygnus ab Gen5tar Gt Cdn Oil S Gt Cdn Oil Home A Home B Home PltflrJ Hud Bay Co Hud Bay oil L Onr Port Cem MGF Manags Mentor .-i Newconex Pacific Pett Rank Org 31.30 Selk Hold li.OD Shell Can 37.00 Anuk 31 Shell Inv pfd 37.00 Shell Inv Wli 17.00 Sicks Teledyne West Cdn seed While Yukon CALGARY Ac roll Baroni Oil .uo MIT North Conr .02 Columbia Cell Stdt'5wBrnpr '5< Coronailon Credit West Warner .35 CresibroDk p Ind PIPE LINE STOCKS croyden G T L A 47.B7V3 Dolly Varden Alta G T L Pfd 74.00 Dynasty Alia Nat G 23.50 Fort Rellanca Cdn West N G 17.SO Glanl Mascot Inland Not C 12.75 Granlsle N and C Gas Growers B N and C Pfd Key Indusf 5.25 Pac G Trans 13.00 Hys 59.00 GBZ Metro Interior Brew 35.62V2 Trans Cdn P Internal Mar 15.00 Trans Cdn P Pfd 67.50 Kamloops Cop 99.87'A Trans Cdn P Pfd 42.25 Lornex 7.35 2575 Trans Cdn P War 11 50 Lvllon AAln 1-73 Trans 25.50 Okanagan Hellcop 6.00 25.25 West Pac Plains Pete .28 6.00 MUTUAL FUNDS Primer .07 6.50 All Cdn Com fl.Sd 9.33 Pyramid .34 11.50 All Cdn Dfvld 9.59 10.4B Silver Standard 1.85 5.60 All Cdn Vent 3.B4 4.20 Slampede Int'l Res .75 100.00 American G F 6.07 6.67 Texmont 36.25 A.G.F. Special 2.97 Trojan -40 MM Cdn Invest F A M 5 09 Western Mines 300 2.40 Collect Mut 6.3B 7.01 Wesfcoasl Res .05 19.50 Common inter 13.29 14.M West Explora .15 46-25 Common Lev 3.45 3.79 Ullca .23 19.50 3.00 4.90 19.00 ._ 16.B7V-] Inlernnar .79 3.55 1.10 4.55 .17 .28 6.60 Ti.25 2.70 .32 3.55 4.SO .92 Toronto mines., industrials Supplied by Richardson Securities of Canada LAST BID OR SALE MINES Agme Advocate Asb. Aksltcho Black Bay Brnlorne Broulan .31 1.EL5 .41 a.m. Gu Norandi Norlhgnti Not' 1.95 21 25 res 1.22 8.50 1.61 B.75 1.05 26.00 Belhlehem Brunswick Canada Tung. Casslar Central Pat. Chlmo Conwest Cons. Rambler Coin Lake Cochenour Craigmont Dickenson Mines Denison Mines Deer Horn D'Eldona Dome Mines Donalda Discovery Mines East MalBrtlc East Sullivan Falconbridge Frobex First Marilimes Giant Y.K. Bovls Granduc Headway R.L. Hollinger Hudson Bay M-S 22.75 Hydra Ex. Iron Bay Iso Joliet Quebec Kerr Addlton Key Anacon Labrador Lake Shore Langls Silver Madsen R.L. Malarlic G.F. Mar I in McNeely Mela Mldrlm Intern Mogul New West New Athona New Cnlumer W. Horse Copper opemlska Oslsko Palino Pine Point Placer Dev. P.C. Exp. Quebec Man Rayrock Radlore Rio Algom Roman Corp. Shcrritt Gordon Silver Miller Sleep Rock Tek Corp. Texmonl Texmonl Upper Canada Western Mines Wrighl Hargreaves 1.30 Wlllroy Windfall Yellowknlfc Bear Zenmaq i.m. Quol Dom Textile Dom Stores Dome Pclc Dofasco CAB Fd of Amer Gt Cdn Oil Gen Motors Gf Lakes Pap Gulf ON Cda in Greyhound Hawker Sid Huron, Erie Hiram Walk Oil 32.75 715 .30 10.55 .27 19.00 27.25 2? 00 Imperial Tob Int Nickel ,41" 2.00 2.95 1.00 2.S5 92.00 .28 .72 8.75 1.90 5.35 7.50 38.00 3.05 7.35 7.50 INDUSTRIALS AbltlM Alcan Algoma Steel Alco ind Allan Sugar Bell Tel Brazil Tree B.C. Tel Burns B C. Forest B C. Sugar CAE Ind Cdn Brew Cnemcell Col Cellulose Cal Power Coron Credit Cdn Indusr Canada S S Cdn Marconi Cdn Vickers CPR Cominco Cons Balh Cons Gas Dlst Sea .20Vi Dom Bridge 2.10 Domtar .65 .OB 85.00 '.19 8.50 8.75 Int Pipe Inv Gp A Inl Ulilllies Indus! Accept Laurentlde Kelly Doug A Loeb Loblaw A Metro Stores I.HO Massey Ferg .09 McMillan Bloe Moore Corp Molsons A Molsons B North, Cent Power Corp Price Co Rolhmans sf LOW Corp T-'S shell CDA Simpson's 13.12V2 Simp Sears 19.25 steel of Can Selkirk A Texaco Traders Gp A Trans Mln Pp Trans Can Pp Union Gas Union Oil Versalile Mfg Wesleel Union Car Weston's B Woodward's A West Cdn Sd Zenith Elec BANKS 6.75 10.75 12.50 1B.75 6.75 4.B5 26.15 1.10 11.00 12.75 31.25 2.-10 1000 6S.75 7.00 Can Imperial ?0.87iA Montreal 56.00 Nova Scotia 24-25 Royal 12.25 Tro-Dom I Ml 1B50 13.75 36.00 23.50 13.00 5.65 85.12Vi 15.75 26.25 Id. 75 37.50 30.00 19.00 33.37'A 29.00 7.25 37.00 19.11'A 8.25 5.25 3.B5 5.50 16.25 12.62Vi 23.75 35.75 IB. 00 15.37% 8.00 10.50 19.00 37.00 21.75 27.75 25.B7V4 15.00 35.00 36.75 15 27V4 49. K) 3.60 11.MV3 17.25 23.75 J.40 1.90 23.37V) 28.75 27.75 Toronto market slightly higher TORONTO (CP) _ The To- ronto stock market turned frac- tionally higher in mid-morning trading today. On index, industrials were up .21 to 17H.5S, golds 2.43 to 179.56, base metals .01 to 88.27 and western oils .25 to 237.99. Volume by 11 a.m. was shares, up from at the same lime Wednesday. Gains outnumbered losses 107 to 82 with 177 issues unchanged. Strongest sectors were bever- ages and industrial mines. Among advancing stocks, Inco was up to Unas Invest- ment Vt to National Sea Products Vt to Hollinger Vt to and Anglo United six cents to Canadian Homestead rose Vi to Scurry-Rainbow to Numac Vt to Voy- ager Pete 20 cents to and Total Pete 15 cents to Among declining issues, Fal- conbridge was down Vi to Stelco Vt to MacMillan- Bloedel Vi to Mattagami to Bethelhem V, to and Avoca 10 cents to 60 carts. BANKS LEAD MONTREAL (CP) Banks led marginal advances as utili- ties and papers declined slightly in light early morning trading on the Montreal stock market today. Combined volume on the Montreal nnd Canadian stock exchanges at 11 a.m. was shares, compared with 1.34 million at the same time Wednesday. On index, banks gained .27 to 216.25, industrials .11 to 166.02 and the composite .08 to 183.41. Utilities slipped ,12 to 186.02 and papers .10 to 78.27. On the Montreal exchange, Seagrams rose to In- glis to Royal Trust to Du Pont Vt lo and Dorrinibn Bridge Vt to Canforge dropped to Fakonbridge to Fraser to Stelco to and MWL-WorUiington fo TRADING DULL NEW YORK (AP) BluecMp stocks drifted lower today, though most of the market held to a slight lead. Trading was dull. The Dow Jones average of 30 industrials at noon was off 2.11 at 902.75. Advances held a fair margin over declines on the New York Stock Exchange. The Associated Press 60.stock average at noon was off .5 at 330.1. Among Canadians, Distillers was up at Up Vt were Inco at and Walker at Off Vt were Canadian Pa- cific at Dome at Hudson Bay at Off Vt were Genstar at Granby at On the American exchange Scurry was up 1 at Javelin was off Vt at Jupiter Va at and Molybdenite Vt at York stocks Net earnings By THE CANADIAN PRESS Captain International Indus ries Lid., six months ended June 30: 1971, cents a share; 1970, Wood Alexander Ltd., yea: ended January 31: 1971, 970, WHAT'S NEW IN TRAIIERING... from PREBCO? TAKE THE GUESS WORK OUT OF GAS SUPPLY Regular Price SPECIAL S8-0Q PREBCO RECREATION VEHICLES 600 4lh Ave. N. Lelhbridge 318-4421 1 Block Woil of Gat Company Open Monrlny through Solurdoy Morning Supplied by Richardson Securities of Canada Amr T and T 42.B7Va Montgom Ward 34.37'A 20 Golds 179.55 up 15.00 _ Anaconda Belh Steel Chrysler Comsat Dupont General Motor Gulf Int Harvester Kenn Copper 24.75 Texas Gull 93.75 10 Base M 88.33 up .07 71.75 15 Wesl 0 237.93 up .19 715.50 Volume YORK AVERAGES 52.00 30 Indus! 902.54 off 2.41 92.00 20 Rails 241.58 off ,3J _____________ 15 Utilities 11.20 ofF 1.02 27.75 TORONTO AVERAGES 65 Stocks 3M.U Olf 1.00 20 Indusf 178.33 off .02 Volume Texas Co. Wrckes Corp 154.25 Woolworln 84.25 Wesllnghouse El "1.43V.- U.S. Steel JD cttcttron d 1003 4th Avenue S., Telephone 328-4426 rocessina Livestock Lethbrideje Livestock NOT AVAILABLE AT PRESS TIME TODAY Calgary livestock CALGARY (CP) On offer io H a.m., about head; mostly good and choice slaugh- ter steers and heifers. Trade was active. Slaughter steers were steady with sales to 31.30; heifers fully steady with sales to 28.70; cows fully steady with sales to 24 and bulls were unchanged. Choice slaughter steers 30.50 to 31.10, good 29.50 30.25, me- dium 28.50 to 29.23. Choice heif- ers 27.75 to 28.60, good 26.50 Lo 27.50, medium 25 to 26.25. Good cows 22.75 to 23.80, medium 21.25 to 22.50, canners and cut- ters 18 to 21. Good bulls 23.50 to 25.50. Replacement cattle were scarce with most offerings heavy, short-keep steers be- tween 800 and pounds. steady. Stock quality Prices were calves were considered. Good feeder steers more (han 750 pounds 31 to 33. Good stock steer calves 36 to 42. Good stock heifer calves 32 to 37. Hogs base price 22.55. Dividends By TIIE CANADIAN PRESS Bank of Nova Scotia, 22 Nov. 1. record Sept. 30. Corporation Credit Corp. Ltd.. six per -era pfd. series A 3-ii cents, Oct. 29, record Oct. 8. Grissol Foods Ltd.. Vh cents; pfd one cent, both Nov. 1, record Oct. 15. Overland Express Ltd., cents plus extra of five cents; first pfd. 15 cents; second pfd. 2V; eenLs plus five cents, all Oct. 29, record Oct. 15. Phillips Cables Ltd., 10 cents, Oct. 1, record .Sept. 20. PROCLAMATION I, A. C. ANDERSON, Mayor of the Cily of Lelh- bridge do hereby draw the attention of all citizens to the LETHBRIDGE UNITED APPEAL CAMPAIGN The Objective on Monday, September 13, 1971, and conlinuing through the month of October, volunteer canvassers (your fellow citizens) will go forlh in a dedicated effort lo raise funds -for ihose participating agencies of the Community Chest and Red Cross. As in past years, many worthwhile and com- munity dedicated organizations have joined together under a single appeal to raise funds to serve and im- prove our City and District. It is the continuing tradi- ion of people helping people, of people working to make ihis an even better place to live, a community we can continue to be proud of. By Ihis method, you loo, are afforded a like opportunity. I invite you individually and personally lo join in this worthy cause. The United Appeal Is ihe "CONSCIENCE OF A Please give it your wholehearted support. A. C. ANDERSON, Mayor THE BIG SWEEP IS ON! Hog prices EDMONTON (CP) Aver- age prices to 11 a.m. provided by the Alberta Hog Producers Marketing Board: Edmonton: 22.60. Average Wednesday 23.55. Red Deer: 22.60. Average Wednesday 22.49. Calgary: 22.55. Average Wednesday 23.36. Lethbridge: No sales. Aver- age Wednesday 23.35. Lloydminster: No sales. Av- erage Wednesday 23.01. Total hogs sold 626. Total hogs sold Wednesday Av- age 23.33. Sows average 13.40. DOLLAR VALUE MONTREAL (CP) dol- lar in terms of Canadian funds line-hanged at 13-32, Pound sterling up 3-16 to NEW YORK (CP) -Cana- dian dollar down 3-32 at 98 39-frl n terms of U.S. funds. Pound sterling down 1-16 at 3-32. HAY REALTY LTD. ANNOUNCEMENT D'ARCY KERR HAY REALTY LTD., College Moll, is pleased lo announce ihe ippointmenl of D'Arcy Kerr ai i sales consullanl. D'Arcy comes o this position with many years experience in Real Eslale Sales and Management. D'Arcy is looking forward to being of hones! and reliable service to the people of Lethbridge and District, Feel free to Contacl D'Arcy at HAY REALTY LTD. 327-7077 or his home 327-0761. COMPUTER ACCOUNTING MANAGEMENT LTD. Data Processing Services 507 CANADA TRUST BUILDING TELEPHONE 378-7883 FLEMING MOTORS! We are clearing out our 1971 Til den daily rentals and dealer demonstrators. They must sold immediately and at the highest year end discounts. Check the model of your choice and see a Fleming representative todayl DEALER DEMONSTRATORS 4 Valiant Dusters 2 Chrysler Newports 10 Plymouth Satellites Chrysler Newport 2-door hnrdtops and 4-door sedans Custom 2 Door Hardtop 1 Roadrunner Tradesman Van 1 Fargo D100 Ton Adventure Special Edition 4 Plymouth Furys 1 Chrysler Newyorker Some models equipped with air- conditioning 1 Fargo D200 Ton DON'T MISS THESE BUYS Remember -Buy now, prices will never be lower -Buy while we need your trade -Save at Fleming Motors SEE THEM NOW AT FLEMING MOTORS LTD. NEW CAR SHOWROOM: Corner 1st Ave. and 7th St. S. USED CAR DISPLAYS: Corner 3rd Ave. and 10th St. S. PHONE 327-1591 ;