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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 25, 1973, Lethbridge, Alberta 20 LETHBRIDGE HERALD-Tuesday, September 25, 1973 Business Stocks Miscellaneous Vancouver, Calgary, Montreal '.Supplied by Dohertv. McQuaigLtd OPENING WESTER'' 10 AND Cdn 03 AH.. F .ton A Aim 12'; H Gas 00 bP Gas 00 brp da Nat Can Nat Cdn Ex and C 75 Jdn HT and C B 62 ind Gas 25 C i lonq 25 Cd 1 Metro 25 Can Dome Can A Can B Fort R T c Can 70 G'br i i Trans rv c _ nr J i i-j 60 P c p, Pi D pl ID 5-. 12' c- r q V 37' 1 jt i 'A'' s D a 90 Acre'1 Ao iii l BC S ,-ir Blor- Brot, Corn Corp Cdn Br A P'd Cdn R" 8 P'd Cdn L 80 300 25 12 29 50 31 37' Intl Res MUTUAL FUNDS All Cdn Com All Cdn Div All Cdn 719 782 761 827 392 415 C'p'-'hr ind C r. Ind r-> con Copper F anc Trubt GC'ISUT Global Com 00 2600 1400 550 1687'. 44 Grow F AGF Spe Cdn Invest F Ccl Mul Com Inter Com 627 302 515 5 64 6 06 6 65 1464 1609 3 81 4 19 35 8 08 J -IT O 22 6 84 Htn-1 BT Co Hud Bn1 Oil Hii-1 A Pld Huaf R'liSPil On HUSI-, Oil B Dfd -Hi D War H L War 1 i ot iZD 1825 47 00 56 00 00 23 62 .-42 12' 8 10 1025 Invest S F Dreyfus Fund US Grt Pacific Grouped Income Grow Equity Invest Grow F Invest Mut Mut Accum Mut Grow F Nat 23 5 75 11 54 1268 470 514 351 386 7 72 8 48 12 19 13 32 5 91 6 46 6 04 6 64 380 418 512 5 63 00 13 12 Cdn NW 627 5 46 6 wO ou shop for monev'; It is something of a paradox that many Canadians assume monev is money and that there is a mvsterious something that makes it different Irom other com- modities That isn't true When vou go shopping for for a loan to buy a car or for mortgage money to pur- chase a. home tor is jusl common that vou should shop tor the best dtal With the price of just about everything rising these days that seem-, more relavent than ever today because the cost of money lias been going up too The point is that not all money costs the same The difference in many cases may be small, but it could still be worth the effort It might be assumed, for in- stance that all 01 Canada's 10 chartered banks offer the same deal on their consumer the type the average Canadian uses to bu> a car to finance a vacation or for a multitude of other uses But that assumption is Depending on where vou die who vou are and what bank you do business with, there are seven different rates in effect This KS the present range of interest for consumer loans by the chartered banks 10.75 to 12 per of British Columbia The lower rate applies w cei tain count holders 11.75 to 12.75 per cantile Bank of Canada, de- pending on the client 11.9 per Bank 12 per Bank of Canada 12.4 per Dominion Bank and Bank of Montreal 12.5 per cent Provin- cial Bank of Canada Banit Canadian .National Bank of Nova Sco'ia and Canadian Imperial Bank of Commerce The i ate for the major banks, therefore, ranges from 12 to 12 5 per cent On a loan for three years, the interest at 12 per cent totals 40 At 12 5 per cent, the total is difference of over the term of the loan If you happen to have a "western account" with the Bank of B C and qualify for the 1075 per cent rate, or qualify for the Mercantile's 11 75 per cent rate, tne saving would be even more on the Winnipeg Commoditv Exchange Flax remained up at the 40- cent dailv trading limit, but few transactions were com- pleted Oats and barley were up fractionally and rye was mix- ed, with its strength in nearby months Monday s volume of trade was 2 407 000 bushels of flax 1 396 000 of rapeseed and 644 000 of Mid-session prices Flax Ocl 40 higher 8 12B, Nov 40 higher 7 98B. Dec 40 higher 785B. May 40 higher 785B Rapesecd Vancouver Sept 20 higher 6 08B Nov 19 higher 5 86B Jan 18 higher r> 75B March higher 5H6B Rapeseed Thunder Bay Oct 17 higher 5 60B. Nov 19 higher Dec 20 higher r) Mav 18 higher 5 Oats Oct 7h higher 1 53' i. Dec 1 higher 1 May unchanged 1 41A Julv not open Barley Oct higher 2 27 iB Dec not open May unchanged 2 27 Julv not open Rye Oct 7'i higher 55" iB, Dec higher 1515 Jan 'i lower 3 17'iB. Juh 'j higher .3 18B Livestock Lethbridge Lethbndge Livestock 'Supplied bv Canada Department of Agriculture) Monday sales 675 hogs All classes of and feeder hogs met good demand Weancrs sold il to per head higher Light feeders under 100 Ibs unevonlv or more higher Heavv feeders over 100 Ibs generally stcadv 18 75 to 31 Light teedcrs under 100 Ibs 27 to 40 Heavy feeders over 130 Ibs 49 to 55 All prices per head Light feeders under 100 Ibs sold from to 52 per hundredweight Heavy feeders over 100 Ibs sold from to 37 per hundredweight Bred gilts to 90 per head Boars to 135 per head Butchei hogs sold Monday at the Lethbndge yards 59 85 base price Giant sparkler New World Jade Ltd. says this solid piece of jade is worth The company cut it out of their Ogden Mountain mine m north central B.C. The jade measures eight feet at its longest axis and weighs 70 tons vahif MONTREAL (CP) US dollar in terms ot Canadian funds at noon Tuesday was down 1-25 at 00 37-50 Pound sterling was down 1-20 at 44 9-100 In New York, the Canadian dollar was up 1 25 at 99 13- 50 Pound sterling was up 1-20 at 42 3-10 By JEFF CARRUTHERS Herald Ottawa Bureau OTTAWA In about a week, the federal agriculture department plans to start monitoring samples of domestic beef and pork for rescues of antibiotics used in treating animals that might be passed along to humans The two main tears are uiai residues of antibiotics such as penicillin could produce reac- tions in humans allergic to the antibiotics, and that antibiotic residues in meats could lead to the development of human bacterial disorders in which the bacteria have become resistant to the antibiotics Many of the antibiotics used in animals are also used in treating humans. There has been some scien- tific controversy about the use Oilman heads chamber WINNIPEG (CP) John E. King of Toronto, vice- president of public affairs for Texaco Canada Ltd was elected president of the Cana- dian Chamber of Commerce today The chamber is holding its 44th annual meeting here It ends Wednesday. Mr King, 62, succeeds John Ellis of Vancouver. Elected vice-presidents were E R Olson of Lanigan. Sask., general manager of Alwinsal Potash of Canada Ltd and P A Ouimet of Montreal, president and direc- tor of Hydro-Dynamics Ltd of antibiotics to prevent dis- eases in animals or even to promote growth. In such cases, the antibiotics are usually added to the animal feed The agriculture department claims the antibiotic monitor- ing program is merely an ex- tension ot their oresent ptograms to monitor meats for pesticide, heavy metal and growth hormone residues. Initially, the meat inspec- tion division will analyze samples of beef and pork liver for antibiotic residues By early next year, it is expected to cover all meat animal species in Canada Some of the samples to be analyzed will be selected at random at federally-inspected meat packing houses across the country Other samples will be collected where federal inspectors know or suspect antibiotics had recent- ly been used to treat animals. The department hopes to eventually analyze some of the samples m Calgary, to save costs and problems in shipping beef samples to Ot- tawa At present, the federal health department is sampl- ing some domestic meats for antibiotics, but only at the retail level In recent months, the health department has clamped down on the uses of some an- tibiotics for animals, in part as a result of concerns about use of the antibiotics for in human treatment Most recently, Canada and die U S have ordered drug companies to prove that anti- biotics used in sub-therapeutic doses for stimulating animal growth are not hazardous to public health beverage, general manufac- turing and real estate stocks were the only sectors showing declines. Cominco ros.e 1% to Im- perial Oil to Noranda A 41 to Canadian Tire A to and Falconbridge Nickel to Okanagan Helicopters dropped to Life In- vestors A 2 cents to 15 cents, Commerce Capital 10 cents to and Alcan to Dynasty increased 40 cents to 95 and Brunswick 25 cents to 10. Bankeno slipped 15 cents to MONTREAL (CP) All sectors except utilities ad- vanced in light trading on the Montreal stock market today. Combined volume on the Montreal and Canadian stock exchanges at 11 a.m. was 100 shares, compared with 301.500 shares at the same time Monday. Industrials rose 2.13 to 251 42. the composite 1.50 to 23228, papers 2.17 to 148.51 and banks "26 to 272.72 while utilities dropped 01 to 142.96. On the Montreal Stock Mar- ket. Cominco rose 2Vi to Imperial Oil 1 to Falconbridge Nickel 1 to Chrysler to while Distillers Corp.- Seagrams fell to On the Canadian Stock Ex- change, Norseman Mines Ltd. rose one cent to 30 cents on shares. NEW YORK (AP) Profit taking and hesitation placed a damper on recent gains in the stock market today, with prices mixed in brisk trading. The noon Dow Jones average of 30 industrials, up over 2 points in early trading, was down 2.41 at 934.30. Ad- vances led declines by 3 to 2 on the New York Stock Ex- change The NYSE index of about 500 common stocks was down 05 at 57 86 Gold futures WINNIPEG (CP) Gold futures, U.S. funds, Winnipeg Commodity Exchange close Monday. Oct 73 102.50A; Jan 74- 106 00; Apr 74-----109.50; Jly 74 113.20A; Oct 74 11620A Friday's volume. Twelve contracts It helps your business. Business depends on good communications. We know, so we devised a better way to deliver your first class mail. The system is called Assured Mail. It is based on a prin- ciple of 3 different mailing deadlines for national, regional and local mail. And it gives you some measure of control over when your mail will reach its destination. Detailed deadline informa- tion can be found on the newly stripe-coded mailboxes. It'll help your business. P.S.: Ask your secretary to check the stripes and the deadlines on your mailbox. She'll get you to the post on time. Canada Post. We're working to make it work better, Beef lulures WINMPEG (CPi Live beef close Monday Nov 47 37A, Jan 48 65A. Mar 4905 Friday's volume Twenty- three contracts. grain Grain CHICAGO (AP) quotations Monday. Wheat. Dec 509, Mar 5.10, May 502, July 4.34. Corn Dec Mar 2 61; May 2 63'2, Jul Sop 250, Dec Mar 220 Oats Dec 1 34; Mar 1 34; Mav 1 38, Jul 1 24 Canada Postes Post Canada ;