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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 21, 1973, Lethbridge, Alberta I Friday, 21, 1973 THE LETHBRIDOE HERALD -23 The Herald- Business Stocks Miscellaneous Vancouver, Calgary, Montreal (Supplied by Doherty, McQuaig Ltd. WESTERN OILS AND Inc Royal 24.75 Albany Alta East Gas 7.85 6 Teledyne West Cdn 4.10 5.50 Asamera 11 Min Weston A 60.50 BP Canada Brenda Mines Can South Cdn Ex Gas Cdn Homestd Cdn Ind Gas Oil Cdn Long Is Cdn Super Charter Oils Chieftan Dome Pete Dynasty Fort Reliance Gibraltar Giant 7.10 5.50 3.40 8.40 55.50 4.10 12.75 32.50 9.70 .25 13.50 Yukon PIPE LINE STOCKS Alta Gas A 11.00 Alta Gas Pfd 63.50 Alta Nat Gas Inland Nat Gas N and C Gas N and C B Pfd 21.25 Pacific Trans 11.25 Gaz Metro 4.10 Gaz Metro A Pfd 64.00 Trans Can Pipe 29.50 Tr Can A Pfd 57.00 Tr Can B Pfd 39.00 Tr Can War Gt Plains Gt Cdn Oil S Lpchiel Ex Lytton Min Noble Mines North Cdn Oils 8.35 2.88 2.05 1.05 6.70 Trans War 2.85 CALGARY Acroll .72 Barons Oils .04 N Continen .01 Vi West Warn .31 VANCOUVER Pan Cdn Pete Pan Ocean Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain 19.00 1.38 .20 .57 .40 32.62V4 20.00 Atlas Explor Bath Norse Dankoe Davenport Dolly Vard Equitorial Res .35 .72 2.10 .49 .26 .20 12.00 .10 Spooner Total Silv 2.43 Ulster West Pete West Decalta MISCELLANEOUS 5.87 Vi Cop INDUSTRIALS Colum Brew Wardair nil 3.95 2.00 Acres Ltd Aquitaine BC Sugar Pfd Block Bros Com Cap Corp Cdn Brew A Pfd Cdn Brew B Pfd Cdn Pacific Inv Crestbrook Ind Crowsnest Ind Falcon Copper F and M Trust Co Genstar Global 21.50 14.00 2.75 3.05 25.50 29.50 30.75 25.00 13.75 5.50 PRP Explor Plains Pete Pond Explor Stamp Intl Res All Cdn Com All Cdn Div All Cdn Ven Amer Grow F AGF Spe Cdn Invest F Col Mutual Com Inter Com Lev Com .27 .95 .92 7.09 7.71 7.51 8.16 3.78 4.11 5.68 6.24 3.05 5.13 5.63 6.04 6.63 14.61 16.05 3.82 4.20 7.34 8.07 Home A Home B Hud Bay Co Hud Bay Oil Hud Bay A Pfd Hugh Russell Husky Oil Husky B 43.50 17.75 47.00 55.00 52.50 23.87V4 Invest Crop Invest F Dreyfus Fund US Grt Pacific Gr Income Grow Equity Invest Mutual Mutual 6.78 5.23 5.75 11.41 12.50 4.66 5.09 3.48 3.83 7.71 8.47 5.84 6.39 5.99 6.59 Husky D War Husky E War Hys of 10.50 Grow F Nat Res NW 4.14 5.04 5.54 5.66 6.22 Inter Proy Pipe Inter Prov Grow Prin 5.91 4.56 5.11 Kaiser Res Loblaw C Pfd Magnasonics Pacific Pete Pac West Air Pe-Ben 27.50 7.25 30.25 Templeton Grow United Accum Univer Sav Univest 7.09 8.25 9.04 5.23 5.75 7.95 8.74 6.06 6.66 6.77 7.41 Bank Rate 8-Ups and Downs Gold issues lead way Toronto mines, industrials (Supplied by Richardson Securities of Canada) 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 Giant Y.K. Granduc Hollinger Hudson Bay M-S Hydra Ex. Iron Bay Iso Joliet Quebec Kerr Addison Key Anacon Labrador Lake Shore Langis Silver Madsen R.L. Malartic G.F. Martin McNeely Maclntyre Meta Midrim Intern Mogul Nu West Homes New Athona New Calumet Noranda Northgate Norlex Osisko Pine Point Placer Dev. Pax Exp. Quebec Man Rayrock Radiore Rio Algom Roman Corp. Sherritt Gordon Steep Rock Tek Corp. Texmont United Canso Upper Canada Western Mines W House Copper Wright Hargreaves Willroy Windfall Yellowknife Bear Zenmac INDUSTRIALS Abitibi Alcan Algoma Steel Atco Ind Atlantic Sugar Agra Ind Bell Tel Brazilian Trac T-T Anaconda Beth. Steel Chrysler Comsat Dupont General Motors Gulf Int. Harvester Kenn. Copper Montgomery Ward Sears <-Ron Texas Gulf Texas Co. Wix Corporation 1.20 1.15 1.90 .43 16.00 2.15 5.05 8.50 2.93 12.75 .93 1.03 4.50 3.35 .12V: .60 7.55 3.35 39.00 .39 87.00 .94 3.50 2.60 75.00 .67 8.70 3.30 45.75 26.25 .19 3.60 2.10 .22 .29 44.50 2.60 .05 .98 .92 .21 52.50 .14 .13 13.00 8.75 .14 51.62V! 5.55 .38 .22 34.75 27.50 1.50 .12V4 1.10 .33 26.75 9.20 16.00 1.41 3.85 .23 2.81 2.91 3.10 .90 1.06 .10 4.65 .08 18.75 14.50 6.50 11.75 40.25 19.75 BC Tel Burns BC Forest BC Sugar Bow Valley Ind Cable CAE Ind Cdn Brew Chemcell Col Cellulose Cal Power Coron Cred CWN Gas Cdn Indus Cdn Marconi Cdn Vickers Chrysler CPR Cominco Cons Bath Cons Gas Dist Seagrams Dom Bridge Domtar Dom Textile Dom Stores Dome Pete Dofasco Glen Mobile Great Cdn Oil Gen Motors Grt Lakes Gulf Oil Cda Greyhound Hawker Sid Hiram Walk Huron Erie Imperial Oil Imasca Int Nickel Int Pipe Inv Group A Int Utilities Indust Accept Kaps Kelly Doug A Lauren Loeb Loblaw A Metropolitan Massey Ferg McMillan Bloed Moore Corp Molsons A Molsons B Nachurs North Cent Power Corp Price Co Rothmans St. Lawrence Shell CDA Simpsons Simpsons Sears Steel Canada A Texaco Traders Group A Trans Mtn Pipe Trans Can Pipe Union Carbide Union Gas Union Oil United Siscoe Versatile Mfg Westeel Westons B Woodwards A West Cdn Seed Zenith Elec BANKS Cdn Imperial Montreal Nova Scotia Royal Toronto-Dom 15.50 23.00 21.00 35.75 15.00 10.00 4.55 5.25 7.00 23.75 2.20 10.75 16.25 3.90 16.00 25.25 16.62V2 31.75 27.75 15.00 42.75 24.00 8.62V4 14.12 Vi 32.25 27.75 9.25 8.35 64.00 26.75 17.00 54.50 28.00 33.50 22.75 9.37Vi 26.37 'A 18.62V4 5.25 5.25 10.75 4.80 5.00 15.00 22.75 35.00 50.50 23.62Vi 8.00 9.25 10.75 17.00 14.00 20.25 19.25 8.75 12.00 30.00 16.00 59.25 18.50 29.50 16.75 9.50 14.00 7.00 6.25 15.12% 22.50 5.50 3.00 18.25 37.25 37.12V4 New York (Supplied by Richardson Securities of Canada) 50.50 Woolworth 22.75 Westinghouse Elec. 34.25 30.00 U.S. Steel 31.50 25.50 Gen. Tel. Elec 29.50 TORONTO AVERAGES 169.25 20 Industrials 213.43 up .23 64.CO 20 Golds 263.12 up 1.30 22.75 10 Base Metals up .02 15 Western Oils 244.83 down .96 34.87V4 Volume 27.25 NEW YORK AVERAGES 97.25 20 Industrials 217.44 down 3.08 89.25 20 Rails 170.03 down .03 26.25 15 Utilities 99.91 up .19 31.50 65 Stocks 280.11 down .50 14.75 Volume TSE stock prices up Winnipeg grain WINNIPEG (CP) Trading remained light and prices maintained opening losses at mid-session of the Winnipeg Commodity Ex- change today. Oats and barley showed the only strength in the market with rye declining the max- imum daily limit of 10 cents. Thursday's volume of trade was bushels of flax, of rye, and of rapeseed. MID-SESSION PRICES Flax: Oct. 36V2 lower 8.00A, Nov. 38 lower 7.86A, Dec. 40 lower May 38 lower 7.68. Rapeseed Vancouver: Sept. not open, Nov. 3 lower 5.57A, lower 5.46A, March 3Vz lower 5.42A. Rapeseed Thunder Bay: Oct. 4 lower 5.36A, Nov. 2 lower 5.37A, Dec. unchanged 5.11A, May unchanged 5 23V2A. Oats: Oct. Vz lower Dec. 3 lower I.45A, May 2Va lower 1.39V2B, July not open. Barley: Oct. unchanged 2.27A, Dec. 1 lower 2.26A, May unchanged 2.27A, July un- changed 2.24VzB. Rye: Oct. 10 lower S.SSVeA, Dec. 10 lower 3.23V2A, May 10 lower 3.27VzA, July 10 lower 3.27 VzA. WINNIPEG (CP) Grain quotes Thursday basis. Lakehead: High Low Close Flax Oct 838% 836% Nov 830 824 Dec 815 809% May 815 806 Rapeseed Vancouver Sept 582 567 Nov 560% 546 Vz Jan- 550Vz 534'A Mar 546 531% Rapeseed Thunder Bay Oct Nov Dec May Oats Oct Dec May Jiy Barley Oct Dec May Jiy Rye Oct Dec May J.ly RICHARD R. DUTKA Mr. W. Forth, Director for the Province of Alberta is pleased to announce the appointment of Richard R. Dutka as Alberta Regional Engineer. Mr. Dutka joined the CBC in Winnipeg in 1953 as a tech- nician. He completed his engineering studies at the University of Manitoba prior to joining the CBC's Prairie Region Engineering Depart- ment in 1958 and was appointed Assistant Prairie Regional Engineer in 1964. In 1966 he transferred to the Corporation's Engineering Headquarters in Montreal to assist with the design, installation and testing of transmission services requir- ed in the CBC's expanded television coverage program. Mr. Dutka will reside in Edmonton and report to Mr. Porth on all matters pertain- ing to engineering services in Alberta. 836% 824 809% 806 582 560 545% 540 539 511 523% 154 142 141% 139% 541 539 536% 537 Bank rates up The Bank of Canada announced Wednesday night it is boosting its lending rate by half of one per cent to 7V4 per cent effective Thursday. It is the fifth such increase since April. The first in the latest series of raises oc- curred April 9 when the central bank raised its rate to per cent from Gerald K, Bouey, Bank of Canada governor, said the increase was forced by pressure in financial markets causing higher short-term interest rates, plus the action taken by the chartered banks. TORONTO (CP) Led by gold issues, prices on the To- ronto stock market were generally higher today in moderate mid-morning trading. The gold index was up 1.30 to 265.12 while the industrial index, considered a major in- dicator of market trend, climbed .23 to 218.43, base metals .02 to 103.47 and western oils .96 to 244.83. Volume at 11 a.m. was 000 shares compared with at the same time Thur- sday. Advances were well ahead of declines, 168 to 104, while 204 issues were unchanged. Among sectors of the market recording the best gains were communication, bank, merchandising and construction and material issues while oil refining, chemical, food processing and industrial mining stocks, were lower. Texasgulf rose 1V4 to fol- lowing a half-hour trading halt requested by the company pending the announcement of the discovery of a new ore body at its Kidd Creek mine near Timmins, Ont. MEPC gained to Ashland to MacMillan Bloedel to and Selkirk A to Imperial Oil slipped to Molson B Vz to Woodward A to V4 and Inco Vi to MONTREAL (CP) Prices were generally mixed in light trading on the Montreal stock market today. Combined volume on the Montreal and Canadian stock exchanges at 11 a.m. was 700 shares, compared with shares at the same time Thursday. Papers rose 2.37 to 143.33, banks .32 to 271.97 and utilities .18 to 141.71 while industrials dropped .64 to 247.64 and the composite .37 to 229.31. On the Montreal Stock Ex- change, MacMillan Bloedel rose 1V4 to IU Inter- national Corp. to and Peoples Department Stores to while Canadian Javelin declined to Imperial Oil to and Inter- national Nickel Vs to On the Canadian Stock Ex- change, Quebec Uranium Min- ing Corp. rose one cent to 29 cents on shares traded. NEW YORK (AP) Stock prices were mixed today in relatively light trading as profit taking after the two-day rally ate into early gains. The Dow Jones average of 30 industrials, which was ex- tended nearly 30 points in_ a unusually heavy trading in the previous two sessions, was off 2.18 at 918.35 at noon. Declines held a slight lead on advances on the New York Stock Ex- change. Among Canadians on the New York exchange, Dome Mines was up 1 at Mclntyre at Cana- dian Pacific V4 at and Seagram's V4 at Massey Ferguson was down 'A at and Alcan at Beef futures WINNIPEG (CP) Beef futures close Thursday. Sept 47.60; Nov 48.00A; Jan 49.00A: Mar 49.50A 50.00. Wednesday's volume: Twelve contracts. 228% 227 368 347% 347% 338 348 333% 337% 337% 227 227 227 224 V2 363% 333% 331% 337% Export price for coal not enough VICTORIA (CP) The Canadian government is not satisfied with the current ex- port price of coal leaving the deepsea port of Roberts Bank, about 20 miles south of Van- couver, says MP Douglas Stewart (Liberal Okanagan Addressing the 25th conference on coal on behalf of the federal government, Mr. Stewart said the average 1972 price of a ton was low in relation to its value. Some increases have been negotiated with Japanese buyers and the current range is to depending upon quality but the price is still below the value of the product, he said. The range in 1972 was to Mr. Stewart said the future viability of some Canadian coal producers might depend upon getting good prices for coal in the current round of negotiations, and he urged in- dustry leaders attending the two-day session to make suggestions to Ottawa on how the federal government could assist the industry. About 350 industry and government experts attended the conference. CANADIAN BROADCASTING CORPORATION APPOINTMENT CHARTERED ACCOUNTANT REQUIRED A Chartered Accountant is required by a practising professional firm in Lethbridge. Duties to include staff supervision, training, and development of audit work programs. An excellent opportunity for a qualified per- son. Reply in confidence stating experience and salary expected to BOX 76 HERALD Dealership Opportunity Join the trend toward healthful living Protected area Canada's leading manufacturer No franchise fee INVESTMENT FOR INVENTORY ONLY Write: Viking Sauna Corporation of Canada La Mac Sales Ltd. No. 201-106-11th. Ave. S.E. Calgary, Alberta pdays D I Iv B CLEARANCE STARTS FRIDAY P.M. ENDS SATURDAY P.M 10 Speed Biko 74 .99 Boy's or Girl's SpyderI 4O 99 Reg. V The Spyder I single speed dragster built for rugged ac- tion on 20" wheels. Strong twin- bar frame, light. Hi-rise handle- bars, fenders, reinforced stem. Reg. L With racing 'trap' pedals, junior racing handlebars wrapped in black tape and sporty racing saddle. Front and rear side-pull caliper brakes for safe, dependable stops. Fully reflectorized. Shift levers mounted on 'down' tube. Accented by the smart- looking Red-and-Blue steel frame and chrome plating on 9" racing fenders, sprocket guard, rims and hubs. With tires Men's 10 Speed Bike 79 Reg. W This sporty 10-speed features an extra-strong 4-lug White steel frame and Shimano derailleur gears; shifting is smooth, precise, easy. Levers located on down tube. Sears 'V Men's Deluxe BlO Speed Bike Reg. 84 SPORTS CENTRE WHERE THE NEW IDEAS ARE -Simpsons-Sears Ltd.'------- Wing nuts on front wheel allow' for easy removal without tools. 4- lug Blue steel frame is strong, lightweight. 27" tires, IVi" tread. Shimano Eagle derailleur gears for easy shifting. Levers mounted conveniently on crossbar. at Simpsons-Sears you get the finest guarantee satisfaction or money refunded and free delivery STORE HOURS: Open daily from a.m. to p.m. Thurs. and Fri. a.m. to p.m. Centre Village Mall, Telephone 328-9231 ;