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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 26, 1972, Lethbridge, Alberta Stock prices dip in light trading MONTREAL (CP) Most sectors declined in light trading on the Montreal stock market today. Combined volume on tho Montreal and Canadian stock exchanges at 11 a.m. was 300, compared with at the same time Monday. On index, banks fell .58 to 263.40, industrials .28 to 227.32 and the composite .24 to 217.64 while utilities advanced .07 to 157.06. On the Montreal Stock Ex- change, Jamaica Public Serv- ice gained a cent to 31 cents while Falconbrldge Nickel fell Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Dolicrty, McCualg Limited) LAST DID OK SALE Ouoteil a.m. auolesl OuotM) WISTERH OILS Husky Oil I5.1B4 Almlnex .39 9.40 12.75 to On the Canadian Stock Ex- change, Belgium was off Vz to TORONTO (CP) Prices on the Toronto stock market drifted lower in light mid-morn- ing trading today. The industrial Index, consid- ered a major indicator of mar- ket trend, fell .70 to 207.82 and golds 1.10 to 191.16. Base met- als, however, climbed .09 to 91.35 and western oils .60 to 251.33. Volume by 11 a.m. was 000 shares compared with 000 snares traded by the same time Monday. Bank, communication, gen- eral manufacturing and indus- trial mine stocks all contrib- uted to (he decline while bever- age, real estate, food process- ing and utility issues posted Beef futures WINNIPEG beef futures Monday. Nov 35.25A; Jan 35.50B; Mar 35. BOB. Friday's volume: No con- tracts. fractional gains. Declines outnumbered ad- vances 125 to 69 while 215 is- sues remained uncharged. FRASEH FALLS Fraser slipped to Hud- son's Bay Oil and Gas to Dominion Foundries to Oshawa Group A to and III Industries 20 cents to Auto Electric rose to Douglas Leasehold 50 cents to Husky Oil to Moore to and Harvey's Foods 5 cents to Canadian Merrill was off 10 cents to Brenda Mines 5 cents to and Consolidated Merbenor 4 cents to Pla- cer increased Vi to and Mentor a cents to 85 cents. United Canso dipped 25 cents to Siebens Vi to and Pan Ocean H to Pume Pete advanced 6 cents to 88 cents. NEW YORK (AP) Stock prices rallied today on liints o! possible peace and plans for in- ternational monetary reform. The noon Dow Jones average of 30 industrial stocks was up 0.90 to 936.71, and advances had a 584-to-527 lead over declines on the big board. Tire New York Slock change index of some common stocks was up .17 to 59.41. At the American Ex- change, the price-change index was unchanged at 25.99. Curtiss-Wright was up Ht to Bank issues were strong with First National City up lo Phillips Petroleum was off to Among Canadians Alcan rose to and Dome Mills to 67K. On the Amex, Brascan off 'A to Alii Eost CBS Asamera Ashland BP Oil Gas Can south Cdn Ex Gas Cdn Homestd Cdn Ind Gas 01 Cdn super Cdn Long Is Charter ot Plilns Gl Cdn oil Lochlel North Cdn Oil Numac Pancdn Pan Ocean Petrol Pinnacle Place Gal Ponder Ranger Scurry Rain Spooner Selter-s Total Ulster W. Decalta West Pete MISCELLANEOUS INDUSTRIES Husky Oil 0 7.55 Husky oil War Inter Prov 12.26 43.50 Inves Grwtrt !nv Mutual 'l2Vj Mutual Accum 4.00 Tuttday, September 76, 1972 THE IFIHBRIDGE HERALD 21 9.30 Ralnle 10.37H sandwell 47.00 Tetedyne Spar Area Cdn Seed Whits Yukon tU2tfj Weslfleld 32.50 CATGARY KM Acroll I.M Barons Oil 5.95 North Cent 6.K) 13.50 1.02 Roylund 695 7.21 Templeton or 7.96 fl.70 United Accum i-46 Unlvers Sav 8.22 9.03 Vanguard 9.25 10.14 VANCOUVER MINES Alton 9.EO Atlas Explor .64 Balhurst .43 .OIV] Brenda 19.12W West Warner .28 Churchill Cop 13.50 PIPE LINE STOCKS Croyden Alia Gas A 1.38 Alia Gas Pref .36 Alia Mat Gas -SO Inland Nat Gas .55 K and C Gas 22.75 N and C B Pld 14.50' Pacific Trans Gaz Metro Gai A Trans Cda Pipe Trans Cda B Trans cda A Trans cda War WC Trans WC Wls .76 11.75 7.05 1.34 6.20 10.75 41.00 Davenport 69 50 Dankoe 20.37Vi Dolly Varden 14 00 Dynasty 11 67'A Equllorlal 2s'cO Forl Reliance 12J71-, 6l.nt Mascot 4.90 Gratslo -in or Lornex irS Lytton MIn S'Sii Primer M tw, fvramld Silver Sid i Tex men! Acres Aquitalns Brlnct} Cdn Sreiv A Cdn Brew B Cdn Pacific Inv crows nest Cygnus A Cvsnus B Falcon Copper Genslar Hud Bay Oil Hud Bay PFd Hugri Russell it.i... MUTUAL FUNDS All Cdn Cmpd 8.40 9.1 S Block Bros All Cdn Oil 9.19 10.05 B.C. Sugar All Cdn Ven 4.11 4.49 B.C. Sugar Pfd Amr Grwtrt F 6.S1 Cant Inter 3.21 Columbia Brew F 5.65 CrstbT-k For Ind 30 A.G.F. Spe 24.50 cdn Irtves 24.00 8.00 B.OO >2.12tf 44.59 53.50 43, Mulual Crr.wllh Inter Lev Cmwlth Ven Corp Inves 7.47 Hys 14.81 16.J7 Key Indus 4.41 Pac West Air 80? a 6? Stmpd Int't Res 6.11 6.63 OILS .34 5.35 7.2S 3.30 27.0ft 15.00 3.40 3.19 3.00 3.15 Corp Ifwes Sk F 5.20 5.63 Albany Oil Dreyfus F US 12.51 15.74 Plains Pete Grpd Inc Shrs 4.24 4.66 West Explor Toronto mines., industrials (Supplied By Richardson Securities ot Canada) BID OR SALE dosed B.C. mine will be reopened TRAIL, B.C. (CP) Follow- ing a six-year closure, the KB Mine will reopen early in 1973, Cominco Lid. officials announc- ed today. The lead-zinc mine is about 30 miles east of here. Production is scheduled to be- gin in the first quarter of 1973 but is subject lo pollution control boad permits governing dispos- al of wasle, including tailings. R. P. Douglas, Cominco mines manager, said the com- pany does not anticipate any problems in obtaining the nec- essary permits. Cominco operated the HE Mine from 1955 to 1966 when a depressed zinc market forced ts closure. About 100 persons will be employed when the mine re- opens. Production will be Ions of ore per day, about the same rate at which the mine was operated before. Some equipment will be transferred to the HB from the Bluebell Mine at Riondel, B.C., on Kootenay Lake. The Bluebell Mine was closed last year due to a lack of ore, Mr. Douglas said. Northern oil development won't affect polar parks MOHAN, Wyo.