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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 17, 1973, Lethbridge, Alberta .Miscellaneous Vancouver. Calgary, Montreal (Supplied by Doherty. McQuaig Ltd.) Ate Gas; Gas Indus! Accept Indiist Accept Kaps Kelly Doug A Laurentide Loeh A Metropolitan Massey Ferq McMillan Bleed Moore Cory Mo'soos A Molsons B Nac'mrs North Cent CO'P Price Cdn Imperial Montreal Nova Scotia Royal TorontoDom 17 17.62'z 5.25 11.00 550 1550 22.50 50.CS 22.62'r 2! 75 7.50 9.37'; 10.12'.' 16.75 14.25 20 18.50 8.50 11 25 29.12'- 15.50 59.50 18.25 1662'r 29.25 116.00 3.75 1412'? 7.25 6 15.25 20.37'.- 23.50 29.62'? 13 50 35.75 CALGARY ANCOUVER 2.06 Alt G Ptd A 11 tl i Gas I I n 1 G OILS PRP Ex.plor Intl Res MUTUAL FUNDS All Ciin Com All Cdn Divid All Cdn Vent Amer Gro.v F AGC Spe Grin Invest F Com Inter Com Lev Com Vent Core Invest Crop Invest S F Grt Pacific Group Income Gro-.v Equity Invent Grow F mvst Mut Mut Grow F Nat Res Crin iV.V Grow Prirl Grow Rovtund Temple Grow United Accum 096 Vanguard 6.93 6.45 Toronto mines, industrials (Supplied by Richardson Securities oi Canada) Lake .1.. Mican Steei Atr.o ir.rj Atlantic Sjca: Atlantic Sugar Aara ind. D I 13.25 1325 6.37'.' 1 1 .87 39.87' D'CKenson Mines Denison Mines D'Fldona Dorne. Mines Discovery Mines t 01 Brazua-1 Trac F3C Malartic Fast Sullivan 6 TI brinqe BC Forest 3C Suqar Bow Valley 'no 33.87'; 14 F.rs; Mantimes Giant Y K Granduc; CAE Ind 9 S7'.-Cdn Brew Chrmcell Col Cellulose C.'ii 4.95 Hudson Bay M-S Hydra Ex. Iron Bay Coronation Cred OWN Gas Cdn 10.75 Ouebec Korr Addison Key Anacon CPR 16 Con Bathurst Cons 27.00 ahrarlor Lake Snore Lanqis Stiver D'st R 1. Dor: Bndqe Dont, F F. Martin Dom Muoul Mu West Homes Gr' Odn Gfn Motors Grt I Calun-iet Noranda GUI' Oil lex Hawker Sid Hiram Pine Point Ot'V Imperial Exp i'vian Ir-.: e "t Alqom Acme Advocate Ash AKaitcho 30 1 15 Corp. Sherritt Gordon Steep Rock Corp Bethlenerrt .62'.-205 4 Canso Upper Canada Can NW Land Canada 266 12 Mines VV House Copper Harpreaves Central Pa! Criinio 1 05 4 WmdlaM Yellowknife Bear Cons ork (Supplied by Richardson St-i unties of Canada) 48.00 27.75 25.25 5075 1fi5 25 22 25 32 50 3323 ?4 62'.. 07 50 87 00 ?1 TSE pipeline., oil prices dip "Political propaganda" alleged Imperial Oil ads rapped JL. VANCOUVER (CP) The Association for Public Broad- casiir.g in British Columbia asked lor free and equal television time to counter what it alleges was "political propaganda" in Imperial Oil Ltd. commercials. ElflC 31 75 11 S Slcol 30 00 don IVIn Eloc 28 37' TORONTO AVERAGES Industrials 21306 down 32 pn Golds ?65 56 up 2 35 10 101 30 up .12 15 Western Oils 24047 down -I 10 635.000 In a brief filed with the Canadian Radio-Television Commission, the association, a group of private individuals cited two Imperial Oil adver- tisements broadcast last winter during the hockey night in Canada telecasts. Oil exporting countries seek new price talks VIENNA iReuteri The world's biggest oil exporting countries Sunday to begin a new round of price talks Oct. 8 in the Austrian capital. A decision to ask for more money for crude oil was taken at the end of a two day ministerial conference of the 11 country Organization of Petroleum Exporting Cnuntries iGPKCi., A communique issued at the end of the OPKC conference Ii e r e said basic p r i c e agreements negotiated in 1971 no longer compatible with prevailing market con- ditions as well as galloping world inflation." gr VANCOUVER (CP) Kconomic growth in British Columbia in the last five years has exceeded the Canadian average in all categories, the B.C. Telephone Company reports in an outline compiled for a bond issue. The outline is contained in the prospectus for a milli- on 9 per cent 24-year bond issue by B.C. Tel. Net proceeds'of million will be used to retire short term debt. Tin- bonds are dated Oct. 1. and will mature Oct.. 1. The outline reports the following growth: Population of B.C.. from April to April gained 15.4 per cent to while the Canadian population gain- ed li.H per cent. In the five years ended Dec. HI. 1972 the gross provincial product increased at an average annual rate of 10.6 per cent, compared with 9.4 per cent for thd gross national product. The gross provincial product in 1972 reached billion or per capita. Average personal income ruse 47.3 per cent in the five years to an estimated per capita in 1972. During the same period retail sales increased from billion to billion. One ol the principal factors sustaining 'he economic ex- pansion of the province has been its high rate of gross capital investment, says the prospectus. In the five-year period ended Dec. 31, 1972 gross capital investment averaged 33 per cent of the gross provincial product. (Irowth of .the primary in- dustries of forestry and mini- ng contributed substantially to tin' commercial and industrial development. From to 1972 the timber cut increased 24 per cent, pulp production rapacity 27 per cent. The OPEC is seeking revisi- on of the Tehran. Tripoli and Lagos agreements of 1971 which set prices and revenue rates for crude oil sales to Western Europe, the United States and .Japan. OPEC countries supply 80 per cent of the oil imported by major countries of the non Communist world. The demand for higher prices is expected to be strongly resisted by the 23 western oil marketing com- panies which buy oil from OPEC countries. The OPPX represents the oil interests of Abu Dhabi, Algeria. Indonesia. Iran. Iraq. Kuwait. Libya, Nigeria, Qatar. Saudi Arabia and Venezuela. The new OPEC price demand follows less than three months after producing countries gained an 11.9 per cent increase in revenues paid to them by Western oil com- panies. This increase was intended to compensate the producers for losses resulting from the devaluation of the U.S. dollar last February. it was not disclosed what increases the OPEC will demand in the new negotiations. Plan special cattle sale PIN C H E R CREEK (Special) The Pincher Creek Cattle Breeders Association is finalizing details of a special all breed female replacement sale of both registered and commer- cial livestock later this fall. The event will be held at the Pincher Station yards of Com- munity Auction Sales Assn. in 1 a t e 0 c t o b e r or early- December. To date 275 females have been nominated for the sale by district ranchers, and a limit- ed number of registered bulls will also be accepted for the sale. Entries will close in early October to allow time for the official selector to view the consigned cattle on their home premises so as to insure that only suitable replaceme- nt type females will be offered for sale. Livestock raisers of the area who have female stock prospects for this auction are requested to contact Hugh or Bob Jenkins. Dollar MONTREAL (CP) U.S. dollar in terms of Canadian funds at noon today was up 1- 25 at Pound sterling was up 2-25 at 3-5. In New York, the Canadian dollar was down 1-25 at Pound sterling was down 1-50 at 9-50. The first commercial, about the job multiplier effect creat- ed by the construction of a new 'imperial Oil refinery in Edmonton, failed to mention that the new refinery will mean refineries in Winnipeg. Regina and Calgary will be phased out. the association said. The second advertisement, on the company's en- vironmental protection work in the north, was telecast despite the fact that in at least one case Imperial Oil's operations in the area were temporarily suspended for failure to comply with conser- vation rules. Both ads gave only one side on issues that have raised con- siderable political debate, the association said. It also asked for a public hearing on the "the misuse of advertising time for company political propaganda and the related question of the effects of advertising by foreign-owned corporations on Canadian public opinion and the Canadi- an economy." Railway repair Working alongside tan- gled logs piled up in a flood that washed out part of the Alberta Re- sources Railway last year, CN repair crews lay a spur track on the railway along the Smoky River between Grande Cache and Grande Prairie. The new track is expected to be ready for slow traffic next April. Hog prices EDMONTON (CP) Average prices to 11 a.m. Monday provided by the Alberta Hog Producers Marketing Board. Edmonton: 58.90. Average Friday 58.79. Red Deer: 58.70. Average Friday 58.60. Calgary: Nil. Average Frid- ay 58.49." Total hogs sold to 11 a.m. 641. Total hogs sold Friday, average 58.60. Sows average 46.75. TORONTO (CP) Prices on the Toronto stock market were mixed in moderate mid- morning trading today but golds were the exception with most registering strong gains. The gold index rose 2.35 to 265.56 following an increase in bullion prices on international markets. The industrial index, consid- ered a major indicator of mar- ket trend, was down .32 to 213.06 and western oils 4.10 to 240.47. Base metals were up .12 to 101.30. Volume by 11 a.m. was 000 shares compared with 598.000 at the same time Friday. Winnipeg grain WINNIPEG (CP) Active trading brought strength into all futures at mid-session on the Winnipeg Commodity Ex- change today. Active buying by a variety of interests pushed most com- modities to near maximum higher levels. Flax was 30 to 35 cents higher while rapeseed ranged from seven cents to 20 higher. Oats was very strong, up to 5Vz cents advanced on heavy buying while barley was up cents and rye was at its maximum 10 cents level. Friday's volume Of trade was bushels of rye. of flax and 2.525.000 of rapeseed. Flax: Oct. 30 higher, 9.43A; Nov. 32 higher, 9.31A: Dec. 35 higher. 9.20; May 32 higher, 9.12A. Rapeseed Vancouver: Sept. 17 higher. 5.92B: Nov. 20 higher. 5.64B; Jan. 20 higher. 5.58B: Mar. higher, Rapeseed Thunder Bay: Oct. 13 higher. 5.55B: Nov. 11 higher. 5.46B: Dec. 18 higher. 5.22B: May 7 higher, 5.24B. Oats: Oct. 5M-. higher, 1.52'is; Dec. 4 higher, 1.38B: May 4'Ai higher. July not open. Barley: Oct. 9% higher, Dec. 9% higher, May 9-V.i higher, July not open. Rye: Oct. 10 higher, 3.38B; Dec. 10 higher, 3.24B; May 10 higher July 10 higher, 3.308. Advances were slightly ahead of declines. 119 to 109, while 165 issues remained un- changed. Oil refining, com- munication, pipeline and steel issues were among sectors of the market showing losses while beverage, construction and material, real estate and utility stocks were higher. Dome Pete was off to i. Bow Valley to Shell Canada '-a to and Gulf Oil -a to Calgary Power rose to Canadian Cellulose to and Abitibi Vi. to Mattagami increased to United Siscoe 15 cents to and NBU Mines 5 cents to Quebec Sturte- geon slipped 5 cents to and O'Brien Gold Mines 3 cents to Canadian Homestead dropp- ed 15 cents to while Ranger Oil rose 1 to and Pan Ocean to MONTREAL (CP) The stock market showed signs of recovery today with some sec- tors registering marginal gains over last week's slump. Trading was light and prices were mixed. Combined volume of in- dustrials, mines and oils on the Montreal and Canadian stock exchanges at 11 a.m. was 181.300 shares, compared with 269.500 shares at the same time Friday. Utilities showed the highest gain, registering a.59 advance to 139.16. Papers rose .39 to 137.38 and banks .32 to 266.66. The industrial index declined .53 to 241.91 and the composite fell .22 to 224.25. On the Montreal Stock Ex- change. Pan Ocean Oil climb- ed to TransCanada Pipelines v, to Vi and International Nickel 's to while Dome Petroleums declined 2% to and Canadian Javelin to On the Canadian Stock Ex- change. Cuvier Mines rose five cents to on a volume of 29.100 shares traded. NEW YORK (AP) Prices continued to climb today on The New York Stock Ex- change as investors took a favorable view of the recent rise in the prime interest rate to 10 per cent. The Dow Jones average of 30 industrials was up 7.83 to 894.19 at noon. Buy SAVE ON THESE GREAT PLAYTEX STYLES CROSS YOUR HEART STAYLESS LONG LINE BRA Style Bones or 34-42C. Each, 7.99 LIVING'LONG LINE BRA Style 261 -Nylon cups, cotton straps, elastic sides and back to give you lull support. 34-40B. 36-42C, 36-44D'. (4D cups -1.00 More) 7.99 DOUBLE DIAMONDS 'PANTY GIRDLES Average leg panty. Style 2822. Sizes: S.M.L. Each. 12.99 Style Each 9.99 (XL1 1.00 More) LONG LEG PANTY Style Each, 12.99 (XL--1 00 More) I CAN'T BELIEVE IT'S A GIRDLE Style Each. 12.99 (XL'- -1.50 More) SHORTIE PANTY Style Each, 12.99 (XL1-1.50 More) AVERAGE LEG PANTY Stylo 2506--S.M.L XL. Each, 14.99 LONG LEG PANTY Style 2508 Each, 15.99 (XI 1 HO More) no, Main Ftco EATON'S Line 328-8811. Shop Eaton't Tuesday a.m. to p.m. Use Your Eaton Account Crsdlt Termt Available. _______ ;