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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 1, 1970, Lethbridge, Alberta AMI Golds Continue Market Advance Grain Prices Winnipeg Grain WINNIPEG i to S'i after reporting nine-mooth earnings of 20 cents a share compared with SO cents in the similar pe- riod last year. Giant Mascot gained S4 cents to S3 23. Cemp Investments of Montreal tes agreed to pur- chase Giant Mascot "-J y- exporter shippers buying for industry m Alberta, Don Getty (pc Stratbcona said commisaion Tuesday. The industry minister was subject to criticism by opposi- tion CooservatiTes when he fail- ed to take part in debate oa a motion advocaiinf the govern- ment' take steps to promote in- dustrial decentralization as a measure to aid smauer teutits. Livestock Lethbridge Livestock (Supplied by Canada Department of Agriculture) On offer to 11 a.m. 250 cattle. Receipts m o s t ly slaughter cattle. Trade active. Good and choice butcher steers meeting very good demand. Prices strong to 25 cents higher, grade and yield considered. Good and choice butcher heifers fully steady under good demand. Cows steady to strong. AM classes of replacement cattle at firm rates. Low choice steers 31.75 to 32; good 31 to 31.50; medium 28.50 to .Choice heifers 30.50 to 31; good 30 to 30.50; medium 28.50 to 29.50. Good cows 24 to 24.75; me- dium K.50 to 23.50; canners and cotters 19 to 22. CuASC ijWV.ww treasury shares at each. PRICES MIXED MONTREAL (CP) Prices were mixed in moderate early trading today on the Montreal stock market. The composite index was up .55 to 182.34. Canadian Imperial Bank Commerce was off S to a while Royal gained to 22k and Bank.of Montreal >t to 16ft Mefchers advanced 1 to MacMillan Bloedel K to 34 and Bell Canada to' 42H all in light trading. Among senior mines and oils Hudson Bay Mining and Smelt ing was up >4 to 87 and Imperial Oil to On index, industrials were u .85 to 194.52 and papers .93 t 121.89. Utilities were down .06 to 135.46 and banks .43 to 181.45. Combined vorarne on the Mon- treal and Canadian Stock Ex- changes was shares at 11 a.m. compared with at the same time Tuesday. STEADY OAK NEW YORK (AP) The eastern feeders. Local; and-------------- bouses 'operated on both sides at the market and rye prices fractionally stronger, was some exporter buy- ing and inter-month and inter- market spreading. Volume of trade Tuesday in- cluded bushels of rape- seed, of flax and of rye." Mid-session prices: Flax: May ft higher 2.75B; July IS higher Oct. ft Nov. Vt higher 2.66A. Rapeseed: May higher 2.S9HB; July 4 higher 2.63B; Nov. 21. higher Oats: May unchanged 74A; July not open; Oct. unchanged 74B; Dec. not open. Barley: May, July, Oct. and Dec. not open. Rye: May higher 1.05148; July higher I.04B; Oct. Vt higher 1.045SB; Dec. unchanged 1.05B. Prices for 'class two wheat for export to countries outside 1GA: 1 Nor l.Wi; 2 l.TWi; 3 1.68H; 4 l.SHi; 5 1.48S; 6 1 Durum 1.83H; 2 3 1.7014; IGA prices: 1 Nor 2 l.TSVs; 3 4 5 t 1 Du- rum 2 3 Debate on the motion, intro- duced by Mike Senydi (SC- Redwater) wac adjourned. During the debate, Mr. Get- ty said it was "hopeless" to talk about the motion rates "we get some statement from the minister." "We've heard all about the problems of centralization from several members but nothing from the minister and If he can't speak then I suggest be should resign." The Conservative member said the Industry department has been a failure and from Sharp In Paris To Cool Relations With French Govt. stock market recorded steady gates with some issues broadly higher m moderately active trading early this afternoon. The Dow Jooes average of 30 industrials at noon was up 4.82 to 790.39. There were strong gains m metals and advances in chemi- cals, drugs, motors, rubber' is- sues and chemicals and miscel- laneous manufacturing. Elec- tronics, steels, rails, utilities and airlines were mixed, air- crafts tower. Grain quotes Tuesday lligk Lew Close Flax May 274% Jly 271% Oct 270 Nov 266 Rapeseed Mar May Good heavy feeder steers 850 to 1000 ms. 31 to 32.75. Good- light stock steers 550 to SSO X to 38.70. Butcher hogs sold Tuesday f.o.b. Lettbridge 30.40 to 3050 bate price. Calgary Livestock CALGARY (CP) Oa offer to 11 a. re., about bead; moEtly slaughter steers of mix- ed quality. Trade was active urith a good out-of-province de- mand. All dasset of slaughter ateen, herfcrs and cows sold steady with Tuesday's b i g h er prices. Choice slaughter steers 31.75 to 32.30, good 30.50 to 31.50, me- dium 29.50 to 30.25. Choice heifers 30.50 to 31.10, good 29.50 to 30.50, medium 27.75 to 29.25. Good cows 24 to 25, medium 21 to 24, canners and cutters 20 273 269% 267W 265 V4 260 MOVi 255'.i The Associated Press SO-stock average at noon was up 1.1 to 278.6. Canadian Pacific lost 114 and Alcan Dome was up 1, Walker H and mco, Granby and Distillers Vi." the American exchange Scurry advanced 14 and Javelin Jupiter was off Vn. _____ 263% 265% Jly" 260% Nov 221% Oat? May Jly Oct Dec Barley May Jly Oct Dec Rye May 105 Jly 103V Oct Dec ZTHi 269Va 285% 263 263% 259 220 74 74 75 PARIS (CP) External Af-l previous occasions in a frank fairs Minster Mitchell Sharp and tawdry fashion. I expec arrived in Paris today for a and hope our relations will b three-day visit and he was even b i jtions. Sharp said the principal pur ce SchumamL I pose of 'uU visit was to open The meeting was seen as Canadian cultural centre signs a thaw in FraoohCana- Thursday ian relations, strained since pujij PRIVATE CHAT Gen. Charles de Gaulle's Free1 luebec comment in Montreal in when he was president of 'ranee. Sharp's visit is the first by a rcins- 103% 106 105 103% 104% 105 kfrt THJ inHMBOCI HfUU 27 MISCELLANEOUS QUOTATIONS Vancouver, Calgary, Montreal Supplied by Doberty, RoadbouM and McCualg Bros. LAST BID OR t.tn. WISTIRN 0414 the "rrinister's silence it ap- ars it is ping to continue." Mr. Getty suggested that the ovcrnment should establish at ast six more trade offices in United States "n addition to he present office in Los An- cles. "We could then start a con- ant flow of information from yberfa to the United States and then get feedback from inns there interested in com- ing to Alberta." A team of industrial manage- ment experts could follow up such contacts and prepare acts for presentation to pros- pective new industries. "It is the only way we are loing to compete with the oth- r provinces and in the Uni. ed States." Ed Benoil (SC Okotoks- ligh River) said be supported he motion but there were prob- erhs in decentraliza t i o n, par- icularly in getting teachers in imaller centres and workers. "Some say smaller centres are better places to live in or der to get away from the rat- race." But, he said that is not the wtiole story because of the dif ficulty in "keeping teachers in 5 is mm In Pro flft Wit in MM! piaa On South Cdn Ex GM HvxM Cdn l.id CM 0. Cdn Long Is Cdn 5'jperkr Cm Del Rio Charter Pete French Pefe Ct PU'JIS Mill Cily Con! North Cdn Oil h'urr.ac Petrro Pelrcl Pinnacle Place Gas Ponder Rarxjer Scurry Ral.l Spoor.er Triad West EXILta Ind Agratec quatalne lit WM 4.75 d-1 Riff A PM dn Brew B Ptd 34.00 dn Hydro Car 13.75 dn- Pac Inv Ptd row Neil Ind A..... Ht> Kam Kotla 5.15 "it Port Cem 10I7V1 il PK PeM 3152V1 Org 12.50 Shell Inv. Shell Inv fM Inv SkVi Xanler W Cd Seed Pro CAL6AKY Acroll Oil Xiralta North Con! Plalm Warner Ctl i.. l.M 27.00 2.20 l.U (.75 a.m FadefaMd Flrv 4.M SM Ftderattd 555 Oronth En'jliy 6.75 7J2 Grouped Income 360 3.K loveslois Clh 10.W IJ.a Invntors Mtl 52) i.n I OS Venture 4V 4 a Mvlval Accu-n. i.lt Ariutual Gth F 5.73 Incoma S.30 5.80 N7S Nltural RH 1M 1.30 I !Vi Principal Olh 5-ii President 'Ml i'O 7.33 2.55 il VI5 1.35 l.U l.U .14 125 3.10 3-W too Qulr.alti JIM 13'jS resen Resent Fund t.U Roylund 555 Unlltd Accum. 4.tl VANCOUVER Ar.uk........ Arctic Mining Atlss i Beta. Copper Block Bros. Brenda Brenmac B.C. Svgar Inter. CrrercMM PIPELINE STOCKS ....v........ GM Tr A n.VVi Inland Hat. Gai Crcydsn the 'small communities be- cause of the greater diversity ot the activity in a large ur ban centre. luoch at Freoch tom-gn y Friday, two ministers will have private talks Sharp was asked whether his t could be viewed as one of .wo-Canadian reconciliation T 7 i-j" I rapprochment and nor- hall in 1967, during a Ca-1 maiilationFS, relations between the two countries. "Well I do not think this is ac- be said. "There is DO point in disguis- nadian visit. "It is obvious that we have some Sharp told re- porters. 'But both M. Schumann and I iJUl OQUl JH. ttjul 1 I iljclt id have discussed these matters on ing the .fact that we have prob- ____'_____ i i 1 i i i i T4wva nm -rallfoH fn ITpla- tens. These are related to rela- tions between France and Quebec. I hope these are not [problems that are fundamental. I believe on both sides there is better understanding of the na- ture of the relationship we have Massivfe Onslaught Launched Frai SAIGON CCP) The TjciiivicigAi Cong kiDed 32 Americans and gambit there should be no prob- lev 'fhoo.Mt 111 Troops Fight Way Out Of Trap PHNOM PENH (Reuters) Cambodian troops surrouadei by thousands of North Vtetnai ese and Viet Cong have fbugb their way out of the trap and back to a base near the South Vietnamese border, the govera- ment reported today. A communique said the out- numbered Cambodians m a n- aged to break through the Com- munist cordon after heavy fight- ing and regained their base at Snoul, five miks from the bor- er in northern Cambodia. Varden Futurity Glar.t Ma sect Granite ITS SIM V9C.US St Cdn North, Central 1775 North. Central B 27.00 Gai Metro 4.65 p A 57.00 Can Pipe 27.50 Key Ind. Trns Cn Pipe 36.50 Trans Can Pipe A U.25 Trans Can Plot w Trns Prairie Pipe 11.00 WeslcoMl Trarj 31.25 Western PacHic 5.00 MUTUAL FUNDS .32 .37 I.4J U.75 .1! 1375 l.Ct 17.SO 7.00 M .44 .31 3.30 1525 .57 1.75 350 .13 .12 Gl'Cdn Oil S 4.75 r-t Cdn Oil S 175 Home A IMS Home B Horne Pirlld Hud Bay Co Hud Oil Hud Bay Oil PM 41.00 Huch RL-S Pfd 21.M Husky Oil 1150 Husky oil War 4.10 17.15 J.7S 47.00 Int. Brew. Jericho Lwnex........7.25 Lytton Mlrrs 3.05 mviwwk Mt. Washlnston .15 A.G.F. Special 3.00 3.10 V-adron All Cdn. 7.33 Id Crortn MA All Cdn. Dlv. 1.61 9.41 New Imp. 2.W All Cdn. Ventrt 4.0t 4.47 Amaf. Oft F 121 Pyramid Canada Growth 671 itl silver Standard Cdn. F T.C. Colled Mtl Commonwtaltti 12.79 Wes'ern Mines ComUtalth Lev 3.5? 3.13 Westcwst KM Corp. Investors 5.46 4.18 Western Explora. Dreyfus P U.S. 11.7} 12.14 Ulica....... .77 .23 .31 1.10 TORONTO MINES, INDUSTRIALS Supplied by Richardson Securities of Canada a.m. Oudts) INDUSTKIA1.5 Abltitjl '.'.'......11 Alcan...... Algorr.a Steel Atco Ind Atlan Sucar Bell Tel Brazil fit: B.C. Tel Burns B.C. Forest B.C. Sugar CAE Ind Cdn Brew Chemcell Col Cal Power Corort Credit CWN Gas CrJn Indust Canada S 5 Cdn Marccn] Cdn Vkkers LAST BID OR SALE a.m. Quota) a.m. North, Cent Oqllvie Pembln. Pp MOV4 Corp 13.B7Vj Price Co 14 Utt Rothmans no objection whatsoever to good relations between France and "We encourage that. But Ot- .tawa should be responsible for Viet foreign relations. Within that Air Traffic Trickle Back To Work to 22.75. Replacement cattle were mostly heavy fleshy steers and stock heifer' calves at steady prices, Good feeder steers more than 750 pounds 30 to 33. Good stock heifer calves 34 to 36.50. Good botcher weight calves 35 to 37.75. Hog] base price 30.15. Lambs were lower Tues. day with good kinds 30. From AP-Reiten WASHINGTON (CP) A slight back-to-work trend devel- oped in some areas, but the air traffic controllers'. strike went on today despite a call by union leaders to end the sick-call ac- tion that has crippled air travel for a week. At the same time, F..Lee Bai- ley, executive director of the Professional Air Traffic Control- lers Organization, and two other PATCO officials, were called to answer contempt charges levied when hundreds of controllers re- ported they were sick in the face of federal court injunc- tions. Bailey, at. a news conference Tuesday, urged the controllers ID return to work unless they actually were ill. However, be expressed qualms that this "clarifying statement" might be taken as an effort to avoid the contempt proceedings. "I do not advocate a Bailey said. "It is an inconven- ience to 'the American public and should be terminated at JjULUCU 1 wounded 163 as they .hit 114 tar- tarj. gets in a massive onslaught throughout South Vietnam Tues- day night and early today, the most .extensive sbetkng and ground attacks in eight months, the U.S. command aBOOunced. The big U.S. air bases at Da Nang and Cata Ranh Bay and the South Vietnamese military academy at Dalai were among the targets lit in a bail of The fighting is the most seri- ous reported here since z. force of -Viet Cong drove toward Phnom Penh last Thursday but stopped about 30 miles from the capital. The Viet Cong are reported to be acting in support of Cambo- dian sympathizers of deposed head of state Prince Norodom Sihanouk. rocket, mortar and recoilless ri- HURLBURT AUCTION SERVICE LTD. REGULAR EVENING AUCTION AT mi WAMHOUSt IttO 2nd Avtx V, THURSDAY, APRIL 2nd SALE START} P.M. TBMS CASH Nice Household Desk Viking Portable TV; Good Complete Bed; Rogers-Majestic TV; Dark Brown Chesterfield and Chair; frigidaire Fridge; J-Good Chests of Drawers; Westinghoiise TV; 2-Buffets; Chrome Table; Admiral TV; Small Deepfreeze Freezer; Westinghoitse Wringer Washer; 7-enith and Frigidaire Automatic Washers; DuMont TV; Round Oak Dining Table; Blonde Dining Tabie and t Chairs; Z-Wood Cribs with Mattresses; Good Rototiller; Chesterfields and Chairs; 2-Power Mowers; Trunks; Old Picture Frames; Good Barbecue; s-Bicyctes; Beds; 0-Green 9x12 Rugs; Doors; 2-Nice Night Tables; Pole Lamp; Floor Lamps; 1958 Set Encyclopedia Britannica; 2-Playpens. Chairs; Ironing Bird Cage and Stand; Mirrors; 2-Wicker Basket Chairs; End Tables; Table Lamps; Corner Desk; Heavy Vise; Luggage; Vacuums; Dishes; Glasses; Pols and Pans; Radios; Tribes; Old Light Fixture; Sani-Can; Mitre Bra and Saw; Small Old Table; Portable Sewing Machine. ________________ 14' Goml SfKIAlSI wKk Other T.4 k.p. 1K4 CkemM OM Case HURLBUftT AUCTION SERVICE ITO. IfM 2ml 1 AUCT1ONEEB9 TID ttfTH HDMAHN U. 41 Me, 451 Lawyers for Bailey obtained a 24-hour postponement of his scheduled appearance in court today The government claims he defied a restraining order by calling for the walkout list Thursday. Following Bailey's statement, the Federal Aviation Adminis- tration reported higher percen- tages of controllers reporting for the midnight shift, particu- larly in New York Gty, hard- est-lit by the strike. In Chicago, an FAA spokes- man said an nine of scheduled controllers reported to work at the O'Hare tower for the early morning shift, while 12 of 22 scheduled to work reported for duty at the Aurora control centre. Strength was at 70 per cent, compared with 40 per cent on the midnight shift: In New York 76 of 156 sched- uled reported for work on the Tuesday night shift, bringing strength to 48 per cent, up from lows reaching 10 per cent. An FAA spokesman said, however, ft appeared to be a "real trend" toward a back-fo-work move- ment. Similar gains were reported in a iiumber of other cities, al- though sick calls remained high. Flight delays ranging from sev- eral minutes to several hours continued at most airports. .The controllers have com plained they are undermanned and overworked to the point of fatigue and their equipment is outmoded and inadequate, Futures, WINNIPEG (CP) Trading was fairly active with prices steady at the Winnipeg beef fu- tures market Tuesday. Open High Low Clow Mon. May 32.00 32.00 Jry 31.30 31.30 31.30 Sep 30.35 Nor 30.29 30.25 Hog Prices EDMONTON (CP) Prices today provided by the Alberta hog producers' marketing Quoted 30.10 to 30.15, selling 30.15. Tuesday av- erage 30.58. Red Deer: (Juoted 30.10 to 30.15, seffing Tuesday av age 30.68. Calgary: Quoted 30.15, setting 30.15. Tuesday average 30.IT7. Lethbridge: No sales. Tues- day average 30.67. sales Lloy.d minster: No Tuesday average 30.18. Total hogs SOU to 11 a.m. 593 Total hogs sold Tuesday, Average 30.61. LOT OF SERVICES In the Orient, bamboo prov ides food, shelter, medicine, fur niture, farm implements, musi- cal instruments, baskets, rafts nets ard- paper. Moves Staff To Coast QUEBEC (CP) Cominco jtd. will trove most of its heac quarters staff to Vancouver nun Montreal within a few months to reduce inefficiency Vice-PresJdent D. D. Morri said Tuesday. The firm's biggest operation! are in British Cdcnbia. Mr. Morris said in an inter however, thai the com- pany's top executives, includin he president and vicfrpres dents, and ether key staff, wffl remain based in Montreal. The mows will affect the ma- jority of 170 pel-sons employed now in headquarters. "Our one and oray motive 1s based on Mr. Mor- ris said. The decision had nothing to do with the political climate of Quebec, or of a fear of separa- tism.. Cominco employs about Potato Prices WINNIPEG was light trade with a few contracts executed at prices unchanged or the previous close at-the Maritime potato futures market Tuesday. Open High Low Close Mon. Apr 2.90 2.93 2.90 2.93 2.90 May 3.S 3.55 NOT CPU Corr.lnco Cons Bath Cons Gis Dist Dom Bridoi Dcmlar Dom Textlla Dom Stores Dorr.e Pete Fam Play Fd ct Amer Cun Oil Gen Motors Gl Lukes Pap Gull Oil Cda Hanker Sid Huron, Erto Hiram Wa'k Imperial Oil Imperial Tob Int Nickel tr.l Pipe Inv Gp A Int Utilities Irtdust Accept Laurcntlde Kelly Doug A Loeb....... Uobalw A Metro Store) Massey Ferg McMillan Blot Moore Corp Moison's A IWoHon'l B !i! CDA Simpson's SirrpSesn Steel ot Can Selkirk A Texaco Traders Gp A Trans Mtn Pp Trera Can Pp Union G.s Unon Oil Versatile Mrg Westeel Union Car Weston's B Wood's ill's A West Cth Sd Zenith Elec BANKS Imperial Montreal Nova Scotlt 27.00 33.75 17.SO J.li 7.00 51.75 1.35 10.00 11.25 17.75 East Sullivan 7.00 15.50 FalconarTdge. 2575 Frobtx........lIVl First 1.50 13.E7W Glar.t Y.K. lieiUGiTinar U) Gortdrum 19.00 Headway R.L. 9.CO S5.C6 Hlllinser 30.50 n.KPh Hud. Bay Ml >7.00 1500 Hydra Ex..... .74 Hlcriland Bell 4.23 Iron Bay...... 2.E5 1587Vi ISO.......... 2.31 27.50 Jollet Ouebec .77 14.75 Ketr Addlson UtHi 41.50 Kty Anacoo .4) 4.30 Labrador..... 31.50 13.K Uke Short 13.UV4LeKch....... 230 23.37V4 Lanais Silver .1114 17.50 ViO 2.JO R.L I.JJ l.M Malartlc G.F. .8? McNKly .21 21.75 21.50 16.75 13.50 79.00 Ta-Dorn MINEI Advocate AValtcho Area Bamat Belcher Ircn Bralorne Bethlehem 4100 Brunswick "nidi TUBS. 15 Ccssiar i, 53 Central Pat. n.014 Maybrun Maclntyn 2050 JI.25 NORSE ANCESTORS Most Icelanders are de- scended from ancient Norse and Celtic settlers of the island. .i 1.12'A Conwesl Rambler Coin Lake Coctwnour Cnlamont Dlckeraon Mme Denhon Mines Deer- Horn D'Eklona Dome Donald! Discovery Mloe East Malertlc 15.09 4.1S 7.00 5.25 S.75 23.00 15.00 3359 37.25 17.75 li.7) Mldrim Intern Mosul New A'hcna Calumet .T2Vi New Imperial 2-20 Ncranda Northgate Ostsko....... Paitno....... Pine Point Plater Dtv. P.C. Exp..... Quebec Man Rayrocx...... Radlore Rio Algom Roman Ccrp. Silverlield-, Snerritt Gordcn Silver MUkr' Steep Rock Shcoe....... Tek. Corp..... f iv Texmonl Upper Unxta .19 Western Mines .n Wrlohl Har. 4S.37VS Wlllroy .31 Windfall 1.51 Yellovtkjille Br. l.U .M .10 3.10 .39 29.00 in 19.75 3.25 1.47 17.00 i.10 .23 H3.B) .22 .35 13.00 .n .32 2.85 38.1 M 15.H UEI'A .35 33.00 '41.X 1.65 1300 2.55 21.25 3.K 7.30 .a 2.05 X.25 1.9S 1.11 .lilt, t.K .12 NEW YORK STOCKS Supplied by Richardson Securities of Canada T. and T. 55.75. Morrrgomery Ward 57 W 1S.1 Met. 115.15 up .41 Anaconda .....29.17Vi Sears UOVi 15 W Oils I96.TJ up Beth. Sleel 2S.37V.Stand.rt Oil N.J. 57JO. Chrysler......21.00 Texas-Gull 11B.OO HEW YORK AVWAOM Comsat........37.42'A Woolworth J5.00 30 IndySt up' J B Dupont Wesllnghcoe El Rails 173.55 up .49 General Mrton ...74.00 U.S. Steel 37JO 15 Wllt m_n w ,14 Gull........27.50 AVERItCI] .._v- ij Irl. Harvester 2S tw, 20 up .27 ff Sfocki 2O-00 UP l.U Kenn. Copper n.Wf! It GoMs 174.C3 up 125 Volume Wim. persons in mining operations at TraB and Kimberly, B.C., and in Calgary and Regina. ANNOUNCEMENT SCHWARTZ AGENCIES LTD. k Pleastxl To Purchast Of BRITISH CANADIAN INSURANCE AGENCIES Effective Wednesday, April Clients and Customers may continue to conduct business at the British Canadian Insurance Agencies Office, 306 7th St. Phone 327-1528. J. D. WALTERS, A.I.I.C. IN HUACKD AMUMR Herbert Brill, left, from Hoboken, N.J., or.d now a resident of Jopon where he marketing director for CoJa of two Ameritant among the passengers 'aboard the hijacked Japan Airjints Tsuneo Umenal, 22, righf, is of on rtw tnsvroncc Mciitcipcr 306 7th St. S. Ptwnt 317-1 Ml College Mall, Lethbridge, Ada., 328-3331 ;