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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 27, 1973, Lethbridge, Alberta The Herald- Business Stocks Miscellaneous Vancouver, Calgary, Montreal (Supplied by Doherty, McQuaig Ltd.) OPENING QUOTES Sandwell WESTERN OILS AND MINES Albany Oils 1.09 Alta East Gas 7.80 Alminex 6.70 Asamera 13.75 Ashland 12.00 BP Canada 14.75 Brenda Mines 7.65 Can South 5.60 Cdn Ex Gas 3.55 Cdn Homestd 8.20 Cdn Ind Gas Oil Cdn Long Is Cdn Super 55.00 Charter 4.00 Chieftan 12.12% Dome Pete 33.25 Dynasty Fort Reliance .23 Gibraltar 14.00 Giant Mascot 3.25 Granisle 9.50 Gt Plains 28.00 Gt Cdn Oil S 8.40 Lpchiel 3.10 Lytton Min 1.95 Noble Mines 1.11 North Cdn Oils 6.70 Numac 18.25 Pancdn Pete 14.25 Pan Ocean Petrol 1.32 Pinnacle .21 Place Gas .58 Ponder .41 Ranger 30.75 Scurry Rain Seibens 14.50 Spooner .41 Totai Pete 6 75 Ulster, .90 West Pete 6.00 West Decalta 6.90 MISCELLANEOUS INDUSTRIES Acres Ltd 13.62% Aquitaine 20.25 BC Sugar Pfd 14.25 Block Bros 3.00 Com Cap Corp 3.20 Cdn Brew A Pfd 25.25 Cdn Brew B Pfd Cdn Pacific Inv 33.50 Crestbrook Ind 13.25 Crowsnest Ind 28.00 Falcon Copper 14.25 F and M Trust 5.50 Genstar 17.25 Global Comm Unit 44.00 Home A 46.75 Home B 44.00 Hud Bay Co 18.62% Hud Bay Oil Hud Bay A Pfd 57.00 Hugh Russell 55.50 Husky Oil 23.12Vz Husky B Pfd 42.12% Husky D War 8.00 Husky E War 10.25 Hys of Canada 4.30 Inter Proy Pipe 8.25 Inter Prov Steel 13.12% Kaiser Res 3.70 Loblaw C Pfd Magnasonics 7.12% Pacific Pete 31.00 Pac West Air 10.50 Pe-Ben Oilfield 7.25 Rainier Inc 5.12% Royal Trust 26.00 Teledyne West Cdn Seed Westfield Min Waston A Pfd White Yukon PIPE LINE STOCKS Alta Gas A Alta Gas Pfd Alta Nat Gas Inland Nat Gas N and C Gas N and C B Pfd Pacific Trans Gaz Metro Gaz Metro A Trans Canada Pipe Tr Can A Pfd Tr Can B Pfd Tr Can War WC Trans WC Trans War CALGARY Acroll Barons Oils North Continent West Warn VANCOUVER MINES Afton Atlas Explor Bath Norse Dankoe Davenport Dolly Vard Equitorial Res Lornex Primer Pyramid Silv Stand Val Copper INDUSTRIALS Golum Brew Key Indust Wa'rdair OILS PRP Explor Plains Pete Ponderay Explor Stamp Intl Res MUTUAL FUNDS All Cdn Com 7.33 7.86 All Cdn Div 7.66 8.33 All Cdn Ven 3.85 4.18 Amer Grow F 5.74 6.31 AGF Spe 3.08 Cdn Invest F 5.22 5.73 Col Mutual 6.12 6.72 Com Inter "14.77 16.23 Com Lev 3.87 4.25 Corn Venture 7.42 8.13 Corp Invest 6.29 6.91 Crop Invest S Fund 5.28 5.80 C.-eyfus Fund US 11.67 12.79 Grt Pacific 4.70 5.74 Grouped Income 3.75 3.92 Grow Equity 7.78 8.55 Invest Grow F 12.30 13.44 Invest Mutual 5.97 6.53 Mutual Accum 6.10 6.71 Mut Grow F 3.83 4.21 Nat Resources 5 18 569 NW Cdn 5.77 6.34 NW Grow 5.47 6.01 Prin Grow 4.76 5.23 Royfund 6.98 7.26 Templeton Grow 8.33 9.13 United Accum 5.33 5.86 Univer Sav 8.04 8.84 Univest 6.25 6.87 Vanguard 6.91 7.57 Thursday, Stptembtr 27, 1973 THE LETHBRIDGC HERALD-21 Toronto market prices continue higher trend TORONTO (CP) Prices on the Toronto stock market rose moderately higher today in extremely active mid- morning trading. The industrial index, consid- ered a major indicator of mar- ket trend, was up .37 to 223.85 and western oils 1.56 to 246.00. Golds were off .62 to 267.97 and base metals .88 to 105.81. Volume at 11 a.m. was 1.10 Advertisers told to pay heed to 'young people9 Grapes begin to flow It's wine-making time in the Niagara Peninsula again, as demonstrated by the first unloading of the grape harvest at Barnes Wines Ltd. The annual harvest will be kicked off this weekend by the Niagara Grape and Wine Festival. It's been estimated the total 1973 crop will reach tons. The grapes unloaded this week are being fed into a crusher and will go into fermentation tanks. They'll be on your table in two years as bright sparkling Niagara wine. Winnipeg grain H0gprices J_ C? C7 F; n M n TM T n N TORONTO (CP) William Bremner, new president of Vickers and Benson Ltd., advertising agency of Toron- to, says many advertisers have been ignoring their in- dustry slogan that advertising is a "people business." Advertisers should pay par- ticular attention to the young, he said in an interview. "We're living in a period when young people say what they think and this is rubbing some people the wrong way." He says many young, am- bitious individuals feel their chances for promotion are limited. "It's good business to see that this does not happen." He describes advertising as "an idea business" in which more use should be made of available talent for tapping Chicago grain Toronto mines, industrials (Supplied by Richardson Securities of Canada) OPENING QUOTES MINES Acme .11 Advocate Asb. 1.00 Akaitcho 1.10 Bralorne 1.95 Broulan .43 Bethlehem 17.00 Bovis 2.05 Brunswick 5 20 Can. N.W. Land 8.50 Canada Tung. 3.10 Cassiar 13.25 Central Pat. .96 Chimo 1.10 Conwest 4.50 Cons. Rambler 3.15 Coin Lake .12 Cochenour .65 Craigmont 7.90 Dickenson Mines 3.15 Denison Mines D'Eldona .42 Dome Mines 89.00 East Malartic 3.25 East Sullivan 2.65 Falconbridge 77.50 Frobex .29 First Maritimes 65 Giant Y.K. 8.55 Granduc 3.40 Hollinger 47.00 Hudson Bay M-S 27.75 Hydra Ex. .20 Iron Bay 360 Iso 2.12 Joliet Quebec .23 Kerr Addison 11.75 Key Anacon .31 Labrador 45.00 Lake Shore 2.55 Langis Silver .06 Madsen R.L. 1.00 Malartic G.F. .92 Martin McNeely Maclntyre 53 00 Mela .14 Midrim .12 Intern Mogul 10.50 Nu West Homes 8.75 New Athona .14 New Calumet .23 Noranda 52.50 Northgate 4.80 Norlex .33 Osisko .22 Pine Point 35.50 Placer Dev. 29.25 Pax Exp. 1.38 Quebec Man .11 Rayrock 1.06 Radiore .30 Rib Algom 27.75 Roman Corp. 9.30 Sherritt Gordon 16.25 Steep Rock 1.60 Tek Corp. 4.10 Texmont .23 United Canso Upper Canada 2.75 Western Mines 3.00 W. House Copper 3.00 Wright Hargreaves .90 Willroy 1 05 Windfall ,12 Yellowknife Bear 4.70 Zenmac 08 OPENING QUOTES INDUSThiALS Abitibi Alcan Algoma Steel Atco Ind. 14.87V2 Atlantic Sugar Agra Ind 11 25 Bell Tel 41-.12V4 Brazilian Trac 18.75 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 Bathurst Cons Gas Dist Seagrams Dom Bridge Domtar Dom Textile Dom Stores Dome Pete Dofasco Glen Mobile Grt Cdn Oil Gen Motors Grt Lakes Paper Gulf Oil Cda Greyhound Hawker Sid Hiram Walker. Huron Erie Imperial Oii Imasca Int Nickel Int Pipe Inv Group A Int Utilities Indust Accept Kaps Kelly Doug A Laurentide Loeb Loblaw A Metropolitan Massey Ferg McMillan Bloed Moore Corp Molsons A Molsons B Nachurs North Cent Power Corp Price Co Roth mans St. Lawrence Shell CDA Simpsons Simpsons Sears Steel Canada Selkirk 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 Ze.njth Elec BANKS Cdn Imperial Montreal Nova Scotia Royal Toronto-Dom 50.00 15.50 24.75 21.00 35.00 15.75 9.75 4.25 5.37% 7.25 25.00 2.15 11.00 16.50 3.95 16.00 29.25 34.50 28.75 14.87V2 43.75 38.50 24.75 9.00 14.00 33.00 27.75 9.00 8.25 67.50 29.00 17.00 5.25 54.25 31.00 46.00 29.00 23.00 27.50 18.25 5.25 11.12VS 4.80 4.90 14.50 23.25 37.25 51.25 23.25 22.87Vz 9.75 12.00 18.00 14.62V4 8.75 13.00 30.75 16.50 58.00 19.25 17.12V4 32.37V? 17.25 9.62V2 14.75 7.05 16.50 18.50 21.75 6.12'xi 3.20 18.25 37.25 37.25 WINNIPEG (CP) Trading was light with prices moving in both directions at mid-session on the Winnipeg Commodity Exchange today. Flax continued its usual routine, opening up the limit on good exporter dealings and remaining there. Rapeseed was weaker on a lack of buying interest and some hedging that had prices varying from one cent higher to six cents lower. Oats and barley were quiet while rye had only limited ac- tivity with prices moving only slightly. Wednesday's volume of trade was bushels of flax, of rye and of rapeseed. Mid-session prices Flax: Oct. 40 higher 8.92B, Nov. 40 higher 8.78, Dec. 40 higher 8.65B, May 40 higher 8.65. Rapeseed Vancouver: Sept. not ooen. Nov. 1 lower 5.66B, Jan. 1 higher 5.58, March higher 5.50B. Rapeseed Thunder Bay: Oct. 3 lower 5.40B, Nov. 1 lower 5.38B, Dec. 6 lower 5.20A, May lower 5.28A. Oats: Oct. unch 1.54A, Dec., May, July not open. Barley: Oct. lower Dec. not open, May Va lower 2.26A, July not open. Rye: Oct. IVz higher 3.42V2B, Dec. 1% higher 3.04V4B, May 1% higher 3.05 Va, July lower 2.99A. Grain quotes Wednesday basis Lakehead: High Low Close Flax Oct 852 Nov 838 Dec 825 May 825 Rapeseed Vancouver Sep 594 'Nov 597 567 567 Jan 587 557 557 Mar 579% 549% 549% Rapeseed Thunder Bay Oct Nov Dec May Oats Oct Dec May Jly Barley Oct Dec May Jiy Rye Oct Dec May 154 Vs 145 141% 227 228 226% 346V4 314 Vi 305 154 144 141 226% 227% 226% 339 302% 303% 301% 543 539 526 154 145 141% 139% 226 227% 226% 224% 341 302% 303% 301% EDMONTON (CP) Average prices to 11 a.m. to- day provided by the Alberta Hog Producers Marketing Board. Edmonton: 56.50. Average Wednesday, 57.45. Red Deer: 56.60. Average Wednesday, 58.12. Calgary: 56.50. Average Wednesday, 57.85. Lethbridge: Nil. Average Wednesday, 57.57. Fort Macleod: Nil. Average Wednesday, 57.35. Total hogs sold to 11 a.m. 385. Total hogs sold average 57.62. Sows average 42.50. Gold futures Livestock .CALGARY (CP) Receipts to 11 a.m. today from the Calgary public stockyards show sales of 650 head, mostly slaughter steers and cows. Trade was active. Slaughter steers sold fully steady while heifers were in short supply selling steady for quality. Cows were mostly in the lower grades selling barely steady. Bulls sold 50 cents to lower. Steers Al and 2 41 to 43, A3 39.50 to 40.50. Heifers Al and 2 40.25 to 41.30, A3 38.50 to 40. Cows Dl and 2 34 to 35.25. D3 32 to 33.50, D4 27 to 32. Good bulls 39 to 41.50. WINNIPEG (CP) Gold futures, U.S. funds, Winnipeg Commodity Exchange close Wednesday. Oct 73 102.20; Jan 74 105.20A; Apr 74 108.30A; Jly 74 112.00A; Oct 74 115.70A. Tuesday's volume: Sixty- nine contracts. CHICAGO (AP) Heavy selling in the last 30 minutes produced limit declines in soy- bean, soybean meal, corn and wheat futures on the Board of Trade Wednesday. Soybeans lost up to 20 cents a bushel, meal was down as much as a ton, wheat fell back 20 cents a bushel and corn 10 cents. Oats decline about 3 cents and soybean oil was down around 75 points. There was a fairly active buying move in the wheat, corn and soybean pits on the opening and prices advanced from about 3 cents in corn to 10 cents in wheat and beans. The buying was attributed to an overnight rainfall over the nation's midsection. After the buying had been satisfied, local professionals took profits and thereafter any kind of a rally was short- lived. In the last 15 minutes of trade, with wheat and corn down around 10 cents a bushel, new selling developed and as prices fell much stop-loss sell- ing was noted. At the close, soybeans were down 20, November 6.60; wheat 20 lower, December corn down 10, December 2.51 and oats down about 3, December Wheat: Dec Mar May 4.66; Jul 4.10. Corn: Dec. Mar May Sep 2.50; Dec. 2.18; Mar 2.21. Oats: Dec. 1.30V4; Mar May Jul 1.20. possible new product areas. Although high turnover plagues the advertising in- dustry, Mr. Bremner says Vickers and Benson's is lower than most because of its policy of providing oppor- tunities for young manage- ment people to apply their knowledge and abilities in various facets of agency operations and related activi- ties. He adds, however, that suc- cess in the advertising field calls for more than talent. A person must be willing to work up to 14 hours daily, including weekends. To be an effective advertis- ing executive, Mr. Bremner says "physical strength, organization and discipline" are key attributes. He jogs regularly and finds time in his tight schedule to coach a minor hockey team. "Advertising people are too wrapped up in their own busi- reason why they have not done enough com- municating to young people and others. "With young people, there's a total misunderstanding of the advertising process. If we don't do something about it, we won't have an advertising business." Before moving to Vickers and Benson, Mr. Bremner worked as public relations director for the T. Eaton Co. and later held a position with MacLaren Advertising Co. Ltd., Toronto. million shares compared with at the same time Wednesday. Trading in shares of 10 com- panies with holdings in Ireland resumed today after a halt whicn went into effect at the beginning of trade Wednesday. The companies requested the halt after the Irish Republic announced that a 20- year tax concession was being lifted. Most of the stocks were lower today. Among sectors of the market showing gains were bank, communication, paper and forest and pipeline issues while oil refining, steel, food processing and chemical stocks were lower. 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 300 shares, compared with shares at the same time Wednesday. Papers rose 1.55 to 150.64, industrials .10 to 255.14, the composite .07 to 234.97 and banks 275.27 while utilities fell .04 to 142.27. NEW YORK (AP) Stock prices ground their way higher today for the seventh consecutive session as market strength and investor op- timism overcame intermit- tent profit-taking. The Dow Jones average of 30 industrials was up 5.42 at 954.92 at noon. Gaining stocks outpaced declines, 7 to 5, among 1.631 traded on the New York Stock Exchange. The NYSE index of all its listed common stock was up .30 at 58.97. Beef futures WINNIPEG (CP) Live beef futures close Wednesday. Nov 46.75B: Jan 48.30N; Mar 49.00B. Tuesday's volume: Twelve contracts. M. C. Slavich, c.uu. Representative LETHBRIDGE Tel: 327-5514 E. Mayeske Representative LETHBRIDGE Tel: 327-5514 T, rocessn CC ystents 1003 4th Avenue S., Lethbridge Telephone 328-4426 T- recessing 'ervices You can have your cake and eat it too. With ManuLife 25, the "special advantages" policy for people with an appetite for going places. Call us today for a look at 2_73 The Manufacturers Life Insurance Company New York pH hv RinharHcnn Amr. Anaconda Beth, steel Chrysler Comsat General Motors Gulf Int. Harvester Kenn. Copper Montgomery Ward Sears X-Ron Texas Gull Texas Co. Wix Corporation Woolworth 23.75 52.00 Westinghouse Elec. 37.12% 22.62-4 U.S. Steel 33.12% Gen. Jel. 29.75 29.12% TORONTO AVERAGES 54.75 20 Industrials 223.64 up .16 68.12V4 20 Golds 268.52 down .07 10 Base Metals 105.76 down .93 33.00 15 Western Oils 245.40 up .96 Volume 26.75 NEW YORK AVERAGES 97.00 20 Industrials 949.72 up .22 91.75 20 Rails 176.88 up .38 27.25 15 Utilities 103.14 up .31 32.87V, 65 Stocks 290.16 up .32 15.75 Volume The whisky a man saves for himself ...and his friends. It's a matter of taste. So we take the time to blend together 29 great, aged whiskies into one great taste. Adams Private Stock. Do your friends a flavour. 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