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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 25, 1972, Lethbridge, Alberta -Monday, Stpltmbtr 25, 1972 THE IETHBRIDGE _ 9 Industrial stocks in TSE trade up TORONTO (CP) Prices on 4 cents to 56, Murrilt Photofax Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty, McCualg Limited) LAST BID OK SALE a.m. Quotes) a.m. Quotes] MUM a.m. Querlts) WESTERN OILS AMa East Gas Ashland DP Oil Can Sourh Ctfn Ex Gas Cdn Homestd 6.10 13.50 11.75 9JO Hugh Russell Husky Oil Husky Oil B Husky Oil War Infer Prov Pipe Infer Prov Steel 12.75 ____ Gr In 4.22 4M 15.50 Gr Equity 8-28 ?.Qi 43.50 Invest Gr F Invest Mutual Muruaj Kaiser Res MGP Manage Pacific Pole Cdn Ind Gas Oil the Toronto stock market lacked strength in light mid- morning trading today. The industrial index, consid- ered a major indicator of mar- ket trend, rose .24 to 208.84. Gold slipped .16 to 192.86, base metals .09 to 81.78 and western oils .49 to 252.73. Volume by 11 a.m. was 000 shares compared with 000 shares traded at the same time Friday. Sectors of tlie market contrib- uting to the advance were chemical, trust and loan and oil refining while paper and forest, beverages, merchandising and food processing were lower. Declines were slightly aiiead of advances, 03 to 89, and 196 issues remained unchanged. Van Ness Industries dropped Top labor man named mediator HALIFAX (CP) Senator H. Carl Goldenberg of Montreal, one of Canada's top labor arbi- trators, has been appointed as mediator in the strike of steel- workers against the Sydney Steel Corp. Labor Minister Scott MacNutt announced Sunday that Senator Goldenberg would meet union and management officials here today. "I took this action not cause Sysco is a Crown corpo- ration but because of the mag- nitude of lack of employment created by the Mr. MacNutt said in a statement. The steelworkers, mem- bers of Local 1064, United Steel- workers of America, went on strike last Thursday to back their demands for a new con- tract. It was the first strike at the plant since 1946. The company's last offer, which the union rejected, was an 80 cent hourly increase over two years. The union is seeking 75 cents an hour in a one-year pact. The steel mill, abandoned by the Dominion Steel and Coal Corp. five years ago as uneco- nomic, is in the early slages of a million rehabilitation pro- gram designed to bring it up to modern standards. to ?5, West Indies Plant 5 cents to and Security Cap- ital Club 5 cents to Turbo Resources gained 10 cents to Shell In- vestments 1'A to Kelsey- Hayes Canada VI to and Leigh Instruments to Sunburst Exploration ad- vanced two cents to 12 and Tor- mex Mining 5 cents to Columbia Metals declined 7 cents to 47, Kirkland Minerals 1 cent to 13, Quebec Sturgeon River 4 cents to 65 and United Siscoe Mines 7 cents to UTILITIES UP MONTREAL (CP) Only utilities were up in light morn- ing trading on the Montreal stock market today. Combined volume on the Montreal and Canadian stock exchanges at Ila.m. was shares, compared with at the same time Friday. On index, banks declined .27 to 265.42, papers .12 to 92.93, in- dustrials .08 to 227.95, the com- posite .01 to 18.24. Utilities ad- vanced .36 to 156.90. Shell Canada gained Hi to and TransCanada Pipe- Lines to while MICC Investments fell 1 to and Kapid Data 34 to On the Canadian Stock Ex- change, Belgium lost 34 to and S and L diversified K to SIT TIGHT NEW YORK (AP) Slock prices hardly budged this morning, as traders sat tight pending a speech by President Nixon before the International Monetary Fund. The noon Dow Jones average of 30 industrial stocks was un- Super Cdn Long Is Charter Chlellan Dome Gt Plains Gt Cdn OH Locliis NoMh Cdn Oil Nu 47.75 4.00 13.59 39.75 37.25 8.10 1.74 6.05 13.00 7.00 1.35 6.35 10.75 Pancdn Pfilfl Pan Ocean Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Spooner Seibcns Tola I Ulster Decalta Wesl Pele MISCELLANEOUS INDUSTRIES Acres 14.00 AQUltalne Brinco Cdn Brew A Cdn Brew B Cdn Pacific Inv Ind cygnus A cygnus B F2lson Copper Genstar Home A Home B Hud Bay Co Hud Bay Oil Hud Bay Pfd Sand well Tcledyne Spar Areo West Cdn Seed White Yukon Wes1 field CALGARY Acfoll Barons Oil North Conl West Warner 2.50 45.00 6.25 3.75 Mutual Gr NaT Res N W Fin N W Gr Principal Gr Royfund Temp Gr United Ac Universal Sav 5.89 6.44 6.02 C.6? 4.79 7.32 8.0i 5.36 5f? 5.65 6.2] 5.J6 4.95 7.V3 5.50 6.04 24 9.05 Universal Sav 9.05 i, it Vanguard 9.27 10.16 VANCOUVER MINES Alron .67 Alias Explw .03 Bath horse .01% Brenda .V, Churchill I 39 PIPE LINE STOCKS A11a Gas A Alta Gas Pref AlFa Nat Gas Inland Nat Gas H and C Gas N and C B Pfd Pacific Gaz Metro Gsi Metro A Trans Cda Pipe Trans Cda B Trans Cda A 86. Trans Cda 13. ____ Trans 27. 2542W WC Trans Wfs 8. 5.87V-2 MUTUAL FUNDS All Cdn Divid "-25 AH cdn Vent 200 Arnr Gr F E.OQ AGF Special 8.00 cda In F 12.25 col Mutual U.llVi Inter 36.00 Cmnw Lev 35-13'A Cmnw Vent 17.62Vi Corp Invest 45.12V: Ccrp In St F 40-50 Dankoe 69.50 Dolly Vardfn 20.37'A Dynasty 13.75 Equltorlal 11.87'A Fort Reliance 26.50 Giant Mascot Grab fe 4.90 Lornex Lyttcn Minerals Imer 44.50 prime Pyra Silver Standard Business spotlight Railway switches to microfilming MONTREAL NEW YORK (CP) Cana dian dollar down 1-64 at 27-32 in terms of U.S. funds ____________ Pound sterling down 8-32 are higher in the U.S. than hi' J2.43 5-16. ill be provided with the mag- lifying readers. CP Rail Is the first North American railway to adopt the irogram, but at least one of the est companies hopes all trans- portation industries will move o microfilmed rates. "It's a minor saving at iresent because we still have ibout 125 tariffs (rate jut when this system gets go- ng, microfiche will make a big said J. H. Wil- liams, supervisor of rates and claims for The Algoma Steel Corp. in Sault Ste. Marie, Ont. OTHERS TESTING Other companies testing microfilm are Shell Oil Co., General Motors and Canadian International Paper Ltd. All of CP Rail's rates for E astern Canada can be stored in a 15-inch filing cabinet. The railway has about 40 cur- rent rate books for Canada east of Thunder Bay, Ont., and an- other 50 for the west. They range from three to 600 pages and run to four inches thick. The annual saving to CP Is estimated at about Pa- per and printing costs, postal savings and staff savings will bo trimmed from the current a year cost for the pa- per rate books. But Mr. Scott said the com- pany's big hope is that the en- tire North American trans- portation industry will ji'lip to microfilm. He said truckers now are looking seriously at the possibility. Grain handlers strike continues YOU NAME THE PRICE MONTREAL (CP) Nego-' tiations between port of Mon- treal grain handlers and the National Harbors Board contin- ued during the weekend despite a union refusal to extend the mandate of government con- ciliator RtJben Specter. The conciliation board's man- dcte expired last week and the union for the 650 grain han- dlers, affiliated with the Con- federation of National Trade Unions, refused to let the man- dnle be extended. "But we are still continuing negotiations and as long as we are sUH talking, we arc still hopeful of a settlement without a Nick Bcshwaty, port manager, said Sunday. FEEDLOT MANAGER required for CENTRAL ALBERTA LOCATION Must be experienced in foodlof and feed mi 11 operation. House supplied Write: Box 75 Lethbridge Herald Hog prices EDMONTON (CP) Aver- ago prices to 11 a.m. provided May i I by the Alberta hog producers marketing board: Edmonton: 37.20. Average Friday, 37.26. Red Deer: 37.20. Average Friday, 37.32. Calgary: 37.15. Average Fri- day, 37.41. Lethbridge: Nil. Average Fri- day, 37.45. Ltoydminster: Nil. Average Friday, nil. Grande Prairie: Nil. Average Friday, 36.50. Fair-view: Nil. Average Fri day, nil. Fort Macleod: Nil. Average Friday, nil. Total hogs sold U01 tola liogs sold Friday Aver age 37.31. Sows average 25.75. Union spokesman Rene lhartrand called the weekend alks "one final effort to solve he dispute." Mr. Specter, a Montreal law- yer, said he expected to make lis report to federal Labor Min- ister Martin O'Connell early his week. A strike, which would be le- ;al seven days a tier the report s made, could paralyse grain shipments to the Soviet Union, European countries and China. Salary clauses and clauses dealing with management rights are the centre of the dis- pute. THE CONSTANT DANS6R OF LEAVINSCREPIT CARDS BEHIMP AFTER A TRANSACTION IS "SIlEKTAlARM'CASe WHICH WON'T CLOSE CARPS ARE LEFTOUTSIPE. IT COMES IN 40R WITH ITS of TWO, ANY REASONABLE OFFER WILL BE ACCEPTED NO CLERKS COME IN- TAKE A LOOK MAKE US AN OFFER PARSONS HARDWARE LTD. LETHBRIDGE ONE LOCATION ONLY HOLIDAY VILLAGE ;