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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 5, 1972, Lethbridge, Alberta Wcdnndoy. J. 1972 THE IFTHBRlnGF HFRAID 17 lobbyists busy at Montreal ces Stock prices tip JL JL at TORONTO (CP) Base met- als edged fractionally L> met-1 of 30 industrials was up 7.15 at lower! 950.56. Tlie bluc-cliip indicator ready CAIRO (Rculcr> Egypt's forces are ready For total war with Israel and will continue the next round of the conflict until end, Egyptian War Minister WASHINGTON (Renter i Anderson I IT Dita Davis iicanl, controversial i and the juslice department Washington representative "f i settlement a 11 lie giant International Tele- j pledge by an ITT subsidiary tn 'phone and Telegraph Corp., is I provide financial support for Hie one of an estimated lobby- Republican convention cxpecled ists trying to influence Congress i to nominate President Nixon for and the government behind the the party's presidential ranili- scenes before major are made. The lobbyists, who most of the time are invisible but occasion- j ally emerge as stars ol political scandals, came under renewed scrutiny when Mrs. Hoard. to secure or influence p.iv or defeat of any legislation in the general clcclion next of publicity in a field sue- cess usually depends as much Anderson produced .1 memo- on the ability of a lobbyist to op- by Congress, iinclum he said was written by i crate inobtrusively as on the, Mul v.ith Ihr1 vast expansion nf Heard about her con) acts effectiveness of slating a case, 'the federal government sinru i lop juslice (IcpartBicnt ofli- Lobbying is legally defined as the Second World War. the word of money or anything nrjv; is used bulb in thai :il value to be used principally m Hie issue. id felt tlie full brunt ivhile prices in most other sec- 1 finished last April 23 at 950.82, a I Mohamod Ahmed Saclck tors of (he Toronto stoek market 23-month closin climbed higher in moderate not closed as mid-morning trading today. j'nic Dow briefly topped the high g high, and has I Tuesday. well since then. As a responsibl le person, said was catapulted into the national spotlight at a Senate commit- i tee's investigation of an alleged The industrial index gained .00 to 193.03, golds .20 to 170.61 and western oils .73 lo 220.11. Base inctais were off .20 lo 93.29, Volume, by II a.m. was shares, up from 510.000 at the saine time Tuesday. Advances outnumbered de- clines 103 lo !55 with issues unchanged. Banking, industrial mining, oil refining, trust and loan and paper and loresl stccks moved moderately higher while bever- age issues remained generally unchanged. Royal Trust was up 1 to Inco lo Alcan >i lo Palino 1'i lo Can- aria Soulhcrn Veto 55 cents lo and Gulf Oil to Imasco gained 4 lo S22, Husky Oil to Dome Mines to SGfi' i. Pan Ocean Ik lo S12Tk, Noranda lo and Greal Plains >B to Robinson Liltlc was down 6'i to Hurlson Bay Mining to Belhlehem lo Im- perial Oil !N lo Acres ]s to SIRi. CP Ltd. 's to and Dome Pete lo PRICES IllGHKi; MONTREAL (CP) Prices climbed higher in all sectors in lighl morning trading on the Montreal stock market today. On index, industrials were up .ffli to, utilities .13 to 162.71, hanks 1.64 to the] lasl March 6 but turned down- ward before the close. AnulvMs attributed the ad- vance to Ihe market's ahilily Tuesday lo make headway in the face of news of the slrong Communist offensive in South Vietnam. Among Canadian issues, Inco added lit lo Alcan lo C'22's and Dome Mines ]i lo Mclnlyre Porcupine dropped 1 to SffiUi. The Associated Press stock ex- change, Brascon was ahead U al S2Hi. (Jen. Sadck told a meeting of the Araii .Socialisl Union, I can say armed forces have preparations completed Ihcir and lire ready to go to war." Gen. Sadek, whose remarks were fjuolcd in Cairo news- papers today, added: "We begin the battle of political pay-oft by ITT. The investigation opened Ibis month in the Senale judiciary commiltce after syndicated col- umnist Jock Anderson charged thai Richard Kleindienst. await- ing Senate confirmation of bis nominalion ns attorney-general, liberation i played a role in settling aji anil keep it up until Ihe end. H j anti-trust suit against ITT oul of wil he total war." I court. New towns in Britain solve traffic problem LONDON1 (CP) Designers in Q[ Britain's second-generation j n 11110 sections of (he bus available for all new towns are solving the kinds cf iraKLc. When the SYS- fie problem resulting from Ihc icm btic-oines Folely for Imses it big increase in ownership of pri- expected to speed and im- is that influ- ence ;my government m official, Lobbyists arc required lo rrg is Lor with mill tho nnnies of more than fiJXX) asso- ciations and individuals are now on file. Aboul 460 art; registered the justice department as lobby ist.s foj foreign interests, includ- ing non-riiploinalic representa- tives of foreign menus, .Some lobbyists turn up to Miscellaneous quotations private cars and public-trims- j where they begin to make port vehicles. The new towns were origi- nally established lo absorb the over-spill from such choked and cities as London and Glasgow. Now the slnte- chetiply Grain prices Winnipeg Grain WINNIPEG 'CP) Rape- seed prices fluctuated fraction- ally in a smaller volumne of trade at mid session on the Winnipeg Grain Exchange to- day. Local and commission houses were active on both sides of the j Lochl market while exporters were small buyers in that commod- ity. There was also a small amount of short-covering. Flax prices gained slightly on a lack of hedge offerings while rye posted small gains on strong exporter buying interest and local and commission i tiouse trading. Vancouver, Calgary, Montreal by Dohcrty, McCiiaig Limitcft) LAST BID Oil SALE a.m. (Juofes) fl Hush RUE'A'H 26.75 Invest Gr Oil 18.IS Invest Wu Husky Oil B -11.50 W.ul Ac.i higher l.OlVi. Grain quotes Tuesday (basis Higli Flax May Jly Oct Nov Rapeseed Vancouver Jim 264's Scp 25B 252 Nov 255 '.i Itapcsced Thunder Hay Trans Cda A Trans Cda v, Trans WC Trars V, t MUTUAL Al! Cdn. Com All Cdn Di All COn Ver A.G.K. 6M Cdn )r 12.e7lV 15.371J Cormnc 33.00 Commt 3p- Fd Giant lj'75 6 Lylfon iV.ln 70.00 Primer 41.75 Pyramid il.SO 'Jilvcr Std 77.25 Tcxmwit 'tt.bV.'i Ccppp: FUNDS E 34 9 t6 B C. 'sugar i 9.B) B.C. Sugar Pfd 4 07 i.ii Capt Irlfer 7.03 For 356 Hys 5 35 t t. CO '.A Lei h bridge Livestock r Supplied by Canada Department of Agriculture' On offer to a.m. If; tattle. Receipts all slauglilcr cattle, steers Trade active. (Jood and choice Ijutcher steers meeting very demand, prices 25 to for representing biy business and olher major fjrnups, among ii L'.S. ('hambiT (if Com merices 50.1 hinher with wjtl -an urban motorway for car J.ales lo traffic and a separate system j ulc earlv for-buses. This system is in a> rhoico slcers-35_50 to S5.90; tiguro eight penetrating into M_2- lo 2- ,5 I the heart of each residential I e Cho-cc hdfers lo gotxl 'SI to 33. Good cows 27 lo 23.50; medi- um 26 to 27; canners and cut- ters 21 to 1G. Good bulls 27 to 28. w ere I'1 all hMW feeder skew sellu-, OM at siearlv pric-es Good feeder'ntlons' H1 {or lavish more than 7oO pounds entcrlainm? to pnxiuce a seduc :M.50 to 3iU-0. A few gooil slock steer calves 'id to help a cause I hey think is perfectly proper in I- any case. '__ Political observers say Uiero is not a shreci of evidence that Mis vote of any congressman lost bought though there is general agreement that the lobbying have too many loopholes and arc easily abused. The most, common form of Strikes and lobbying is that ot simply ap- pearing before a congressional loss of Toronto mines, industrials (Supplied By Richardson Securities oT Canada) LAST BID OK SALE lies) B.m. Placer Dev. .33Vi P.C. Exp. 1.60 Quebec "an Rayrcck Radicle NW INVESTMENTS LTD. (Supplied Uy Richardson Securities of Canntfa) 1U 671 JO 17'.? area, and links them all with the town centre, railway station I and industrial areas. j nUS STOPS HANDY It will enable frequent bus '.ih I services, free of dislocation J j through congestion or cross-flow I traffic. No home will be more than 14 500 yards from a bus stop, The will be extended as needed tn keep pace with (he growth of (he town, to a total of miles in the late 1070s. Recognition of the value o( R u n c o r n 's experiment was made in 1970 when the govern- ment awarded a 75-per-cent grant towards the million construction costs of: the bus- way. Second in the list for govern- ment help to provide such an amenity is Redditch new town. June, 1971, the department of OTTAWA lockouts resulted in man days during Febru- j committee or speaking to indi- ary, a sharp increase over fig- j vidual members in an aUcnipl ures for the previous month and to bring them to an understand- ing of the position of their em- ployers and to press them to support that position. (he corresponding period in 1P71. Figures released this week by the federal labor department Many lobbyists are Butcher hogs sold Tuesday at show a loss of 17 man-days for Cl-s for speeches delivered by Lelhbridge 28.20 base price. Good lambs 25. i everv 10.000 days worked by j congressmen, and also draw up 1 paid workers in all industries bills introduced into the Senate i except agriculture. A total of j or House of Representatives. employees were involved others aim their appeals at in 77 work stoppages. j middle-rank civil CALGARY fCP> Receipts- In January, T37.370 man-days j whose studies and reports lay at the Calgary livestock mar- were lost as a result of strikes [ne for major decisions by ket to 11 a.m. were mainly j and lockouts and the ratio was j tne government that might ben- steers and cows with trade i nine man-days lostjor every i efjt business by millions of dol- Calgary livestock moderately active. Slaughter steers were cents lower; slaughter heif- ers were steady, quality con- sidered; good cows were steady as were good bulls. Choice slaughter steers 34.7i> to 35.50, good 34 to 3-1.75, medi- um M to 34. Good heifers 32.73 10.000 days worked. The rate in i February 1971 was 13 man-clays lost. The main work stoppages wre concentrated in Quebec where lars or help a group whose only aim is to win more fund? (or medical or scientific research. man-days were lost. environment approved a to 33.75, medium 30 to 32.7f> grant of nearly million to- wards the bill for building the first three miles of a special 15-mile bus-only route. Ultimately this will involve the construction o( seven miles of new road costing mil- s lion and adaptation of eight mites of existing roads. In Redditch the public trans- ort route is again in a figure- eight with connections from it to Good cows '27 to with young- SCHOLARS IN" PEKING HONG KONG (Renter) A United States delegation of UIP Committee of Concerned Asian vS c h o 1 a r s a rived in Peking Tuesday at the invitation of Ilui VANCOUVER 0 00 A MI. irv ihz Mfanri'3 Rotmi of Efivirpnnwnl Authoniy, 991 2 107 I nvirnnrwnf Tonsafvation 107 Strret ;