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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 14, 1972, Lethbridge, Alberta Market lower at mid-session TORONTO (CP) The To- ronto slock market turned frac- tionally lower in mid-morning trading today, erasing advances recorded during the opening minutes of trading. The industrial index slipped JO to 202.02 and fonse metals to Golds were up In 100.45 and western oily .15 to 220.03. Volume hy 11 a.m. was 741.000 shares, compared at the same lime Advances oulnimihcuxl de- clines H2 to 93, with 20U issues; unchanged. Industrial mining, steel, util- ity, lood processing and pipeline issues edged fractionally lower vhilc real estate, communica- tions, flanking and merchandis- ing stocks moved higher. Laidlaw Motorways was down Is to Scotls Iteslaurants to Jnternalionnl to SlO'.a, Rangor to Slock exchange merger report CALGARY (CPI Stalo- menls from Vancouver Hint Ihe stock pxchangcs there in Calgary arc considering a merger are "oxlrnmciy pre- says President J i rn Scotl of the Calgary Exchange. "The only thing have dis- cussed ts an integration of ser- vices and haven't into details on tlie possibility of a merger or amalgamation." J. II. Thomson, manapcr oC Hie Calgary Exchange, said Hiu reports probably oriyinnle R misinterpretation of com- ments by Thomas Dohm, presi- dent of Ihe Vancouver ox- change. Mr. Thomson said the ex- changes are seeking to be rec- ognized in other provinces UK the exchange of the province in which they operate. "Thero is a lol of merit in the idea that the Vancouver Stock Exchange sonic] be rec- ognized in this province and the Calgary Stock Exchange should be recognized in R C. and I'm sure this was the full extent of Air. Dohm'.s itfile- mcnt. "This is especially so In view of the discussions which have been going on for some consid- erable lime with Vancouver to- ward closer integration of ser- vices. "These discussions have al- ready resulted in unification of computer facilities. "The rapport between both exchanges is further illustrated by the inclusion of Calgary quotations in the Vancouver daily bulletin." and Harding Carpe-ts A to Bell Canada dropped Ik to Dcmson li to S3G, Bethle- hem to 522, Chrysler to 141s and Falconbridge to KiTh. Robinson Little gained 6 to B'.z, Orlando Realty Corp. to Falconhrkige Copper to Vz to Bank of onlrcal to LIGHT TKADK MONTREAL Prices gained in all sectors in light morning trading on the Mont- real stock mar'KCl loday. On index, industrials rose .20 Lo utilities .02 lo 162.811, banks .29 to 275.09, the compos- i.'c .17 lo 204.59 and papers .02 to 03.30. Combined volume on (he Montreal and Canadian slock exchanges at 11 a.m. was shares compared with at the same time Thurs- day. In losses on the Montreal Slock Exchange, Falconbridgc Nickel fell lo Laidlaw Molonvays lo W. Wesl- coast Petroleum 7-e to and Dofasco to In MSE gains, Bank of Nova St-olia rose to S39U, Canron '.j lo Imperial Oil to ruid Warnock Horsey -la to On the Canadian Slock Kx- diange, RKD Ltd. was off lo while in spcculalivo mining shares, Eagle Mines rose 35 cents lo ?3.HO on shares traded. PRICES NEW YOKK (AP) L'riccs were in the stock mar- kol loday in active trading after a slow slarl Profit, taking was evident. Losing issues held better than a G-to-5 lead over Ihe gainers on Ihc- New York Stock Exchange. The noon Dow Jones average of "0 industrials was up .45 to 1IG5.D8 after on the nega- tive side during (he morning. The noon Associated Press CO-stork average was off .3 lo It was estimated by privale and U.S. government econo- mist that in Ihe first quarter Ihe U.S. grass national product rn5e billion. In the final quarter of 1971, (tie gain was less than billion. Noon prices included Ameri- can Medicorp., off 's to General otors, clown 7k lo RCA, off to at and Litton Industries, off r'.'t to Among Canadians, Massey 1'2 to and Dome Mines was up !4 to Alt-mi at and Distillers Seagrams at botli declined On tlie American Slock Ex- change, Brnscan Ltd. advanced '.4 lo and Scuiry Rainbow Oil was up lo BUY NOW! MUST SELL IMMEDIATELY 1811 LAKE POINT ROAD 5 bedroom home (3 upstairs, 2 down) One block north of College Mofl 1 baths (I up, 1 down) fully carpeted up and down Completely finished basemen) (rumpus room) landscaped 9 Fenced O IB old Cafl JOHN HAIBECK PREFERRED REALTY Office 328-3420 Residence 327-4436 SIMPSONS-SEARS CORRECTIONS On Ptign 14 nf Sintpsons-Scnri Flyer thdl oppeorcd in Ilio Hsrnld on Wncfncsrloy, April I2lh, llir> ilcm XX FIRE EXTINGUISHER Appeared with the wrong Illustration IT SHOULD HAVE READ SUPER 2 FIRE EXTINGUISHER XX. Dry-chcmicnl, wjlh bracket We regret any inconvenience caused Correclion on Sjmpsont-Scnrs nrl of Thurs., Apr. 13ih Doliixo Oulltourd Ocluxo air cooled nnginc ho. cylinder, 2-cycles. and ncu- gears, 360 dcrjrne f vcitfi. Guaronlerd 2 vocri V SAVE Reg. Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Uilirrly, McCnnii; Minili-d) LAST BII> OH SALK am. A.m. Am. 00 5.3S Cdn tx Ca% Cdn Horneifd rdn Ind Gas C'dn Super Cdn Long Is rharlpr Chloflan Gl Ptalnv Gl Cdn Oil Ncr Cdn OiT Most-y Oil H'Akf Oil n Oil WM 'nkr Prcv Pipe Inlr-r prpv Slocl Res Mnn.itiE Pocifrc Pelc Cdn Srrd While Yukon i CALGARY Acroll Darons Oil :a PIPE LINE STOCKS Gas A 53 51 Alia Gas Pld 73.M Inland ffal Gas 16.CO II and C 13.75 N and C." B I'fd 3J W) Pacific Trirs Gar ffair a N W Fin n vt or Principal Roy lurid Temp Or 6 f] 7 31 5 10 w Von I I SJ VANCOUVER MINES Bl1h Brcr.dj Dryccn CriurcMII f Croydcn DanJ-.ce Vnrlfl Pel" 987'; MISCELLANEOUS INDUSTRIES 13 00 i S i i 77 CO I J215 I il.ro i 77 i-J 25 Brew A Bre.v B f. j Vji.SG 3S75 Tnns WIs 11 25 MUTUAL FUNDS V.07 9 Rajicsccrl Thunder Day May 278 275 21W 272 '267 HEGINA (CPI A planned j economy is tiie only to J fight inflation and increase em- ployment, ficorye iloltnes ol Ottawa, political education di- rector for the Canadian Labor Congress, said public employed aL peak con struct ion T h t Lethbridpc Research About 50 uork inside lliu Slation has al really done much plant when built and in full op- eration in fall 1073, providing an annual payroll of 11KL11 I'Alt.MKHS Dr. llorncr said the distillery will be a major contribution to the farmers of southern Alher- j who will produce the huslicLs of corn or rye to be used in making liquor. Abouf acres ol corn will likely I be needed initially, lie .said. The Alberta corn comnnUec I'ltif was asked lo delnrmiuc tin- l cl l L hcsl kinri of pram corn thai he grown lor plain. This KVCRCJl-'T. AHa. (CPJ- research project included I Brili.sli Columbia government in a W.SOO Rrant lo tlie corn jlias provided a grant TO committee announced earlier I Peace River seed co-op this week, said the minister. cleaning plant, It was an- _------------._ _ Houncod today. The 5-2JO.000 plant now under construction will serve in the ljcacc River Country, in- cluding areas in B.C. The federal government ha-i appro; ed an on I he-job pro- gram which would provide up the high prolils of lowarfl Dining nf and the high incomes of pro- operators. PJanned economy only AUIV lo increase employment fessional groups. He criticized Uw fcdprtl pinraenl lor lack o[ imcslmciH planning and said investment i mill government The. has been asked to bank loan. The plant. 45 miles nortli of Gvandn Prairie, was started by sliould be clianncllcil into high- members ol the National Farm- 7 Jly Oct Nov Oafs May .Ily' Ocl. JJarley May .Jly' Oct 110 llVR May 109 Jly 102: Oct 102' employment industries such as CIS 262 1112 109'i I i HO'.z ICS'j E.M '3 DO 35 !5 11 la 13.iG H.ftJ'a B M H.ir.j 71.DO J? 17" 50 19 ijl'; JJ tl'-l 14 12V j J2.03 14.50 43 65 30 75 16 ca 1H.12' ?s 2.75 :F ii1; 71.75 3 a 75 35.00 33 7J Hog prices tJ 1 EDMONTON (CPI Aver- age prices to 11 a.m. provided by (he Alberta Hog Producers itfarketirtg Board: Edmonlon: 28.05, average Thursday 27.45, Rod Deer: Nil, average Thursday 27.45. Calgary: 28.05, average Thursday 27.42. Nil, average Thursday 27.45. Lloydminster: Nil, average Thursday 27.00. Total hogs sold 275. lotal hogs sold Thursday average 27.42. Sous average 20.15. llohnps lold nicelinfi that (lie liconomic I nia'nuf'actiii'ing "anif po'nu'tioii isma11 Council of Canada warned in control, rather than low-cm-1 1L'cl 1904 thai there would he ex- ploymc.nl resource exploitation tremcJy large ]n the j .______________ [orcc in the and early 1970s. The present Liber- al government in Ottawa should Ii ff if llt'rr'tfit: have planned lor Iliis. I Les nctijcTmln. New Demo- cratic Parly JI1.A for Rcgina- KDMO.NTOK Weekly Lake Centre, sairi the. govern-; CSB poullry report issued men! should have restrained i b-v lhe agriculture 10 Das? 97.E2 (.It IS W Oil! 33rf 7i up .Ei Volurr.e 35.03 Co (1.13 WirkDS Corp 133M J3 frj1 30 Inijusl up '.Veslinnhoule LTec 20 Rsilf 374 IE Ol StorJ .Tf7'i ?4 17091 J -----r 30.10 TORONTO AVERAGES 6S Slotki 33301 cfl ,H Copper 7J 75 :0 Indusl 30233 up II Vclunie B.llO.OH Cult Slivers of glass in strawberries WASHINGTON (AP) The U.S. Food and Drug Administra- tion has inuiounccd the recall of frozen strawberries laccil willi glass slivers and cornmeal con- (.imin.ited n pnlenL cnn- ccr-causing substance. Tlic FDA said recently il learned of the hazardous .slravv- bcrrieb after a Mead, cut her mouth while eat- ing some of them. The recall affccl.s more Mian pounds of sliced, slrawhcrries packed in Id-ounce containers by Pacific Frozen Foods of Los Augclcs and dis- tributed in Ihe slatn of Washing- Ion between Feb. 10 and Mar. 10, the FDA said. All lol.s were coded with the number M07I. Another cases, or 15.000 pounds, uere embargoed volun- tarily at the manufacturer's warehouse, Ihe FDA said The recall is lifting handled by U.Ii.M. Slores Inc. of Spokane, Wash. The FDA said if did not know r the source of (he glass, which j showed up in six of 10 samples tested. A f 1 a I. o x i n conlaminalion prompted the recall of 15.590 pounds of enriched white corn- meal produced by Dillingcr Roller Mills Company, a divi- sion of Flour Mill.1: of America, at New Draunfcls, Tex., be- tween Feb. 17 and Mar. 27. The FDA said about 10.000 pounds were distributed to Se- quin Milling Co., Sequin. Tex for repackaging, and the rn- J mainder was distributed to the firm's four warehouses Ilyntlnian cools coffee break idea for MLAs EDMONTON (CP) Government House leader Lou Ilyndman cooled (he idea that Alberta might fol- low Manitoba's lead of al- lowing MLAs lo take cotfce into the legislative cham- ber. "The real difficulty is (hat i If you get 75 politicians talk- ing on that, it will be at least a month before they can decide if it should be instant or fine he said outside the house Wednesday. to 57; A small 39 to 42 producers: Live i No 1 chicken broilers. 221-- j Insufficient slaughter steers 6 and over, 5 and under 6 I and heifers offered to establish I 22'i. i a market: cows and hulls were slealy with Thursday's close. Goof! slaughter cows 27.50 lo 23.50. medium 25.50 lo 27.50. canners and cutti'rs 21 lo Good bulls 28 to 29.M. Replacement cattle were mostly yearling sk-crs and heifers weighing between [i75 and 750 pounds and selling al steady prices. Slock calves uerc steady. Good feeder steers 575 lo 750 pounds 30 to 41.7-1, more than 750 pounds 3-1.50 to .17.50. Good feeder heifers 31 to 31.30. Good slock COMS 23 lo Good stock Fowl under 4. 4 lo 6 Tm-key Under 12, 2G; 12 lo 18. 2.1" 2: cvor 1S 2J Live 2 chicken broilers. ID; R and over. 5 and undcr 12, 23, 12 to 18, over 18, 22 Meer calves 38 lo n. Good stock heifer calvc-s 3-1 to 37.50, odd sale higher. Hogs base price 28.01. Oil, gas leases net CALGARY (CP) The pro- vincial government received S257.372.22 in the sale of pc- Iroleum and natural gas leases. Coscka Resources Ltd. paid the highest amount. S13G.8-IO. for four parcels covering 7.2CO acres about 311 miles norlheasl of Medicine Hat, Beef fulures WINXII'UG ICJM Live beef futures clnsc Thursday. xiav run, 34.00. Sep 32 30. Wednesday's volume: T w o contracl.s. HEAVY EQUIPMENT OPERATORS REQUIRED The Counly of Mountain View No. 17 of Dicfsbury, Alberla requires heavy equipmenl operalors to opcraU ihe following types of equipment: (a) MOTOR PATROLS (b) BLADE GRADERS (c) ROAD PACKERS Good wages, (rinae benefits are avoilnbie, The County of Mountain View is situaled Forly miles norlh of Calgary and forly miles soulh of Red Deer, Please forward to ilie undersigned slating age, marital stalus, experience, and dale avail- able to commence work. F. J. DAWLEY, Counly Commissioner DRILLING AND MATERIAL TESTING TECHNICIAN Salary to Deparfmonf of Public Works EDMONTON, Albortci Public Service Fonction publique 'Canada Canada DUTIES: Under direction carries Out gcotechnical silo invcsri- gatians; operate! teit boring equipmenl and conriucjj fiefd icsls; main Fa drilling and auxiliary equipment in good opera ling condilionj carries out four me Inborn lory fcsling; Tabulates da la; aj field lechnician on paving projecls, highway com true lion, concrele work. QUALIFICATIONS: Several of diretlly related experience or an equrvafcnt combine lion of education, training ond ex- p cr ic nee. Quota Com pe MM on No. 72-E-770 Forward "Application for Employmenl" (Form PSC 367-401) available al Poif Officci, Canada Manpower Cenlrei and Offices of I ha Public Service Commits Ion of Canada, lo the: Public Service Comrrmiion, 300 Confederation Building, 10355 Jnspcr Avenue, Edmonlon, Albcrln, EXPERIENCED PARTSMAN REQUIRED IMMEDIATELY full eornpany benefits, j toady employment; good g condilioni Apply in pec ion or by let'tr lo Dept. Manager Beny Chevrolet CM Parh Diilribulor 1 Ave. ancf Blh Sin Are You Satisfied With Your Present Job? Excitemenf IncenHva SecurUy Guor Com paid this unlil Full youM if you con qualify for tMj posi incomo wH'rle beinp IrnineJ, miisions and bonuses mnVe Ihii ons oF fobs m Canada. You'll be trained In work and you will given you orn lutccsiful. range of company beneliti included. ry pji nFgMy ase of For persona interview write BOX 117, Lothbridgn Herald, with personal history! ANNOUNCING NEW BRANCH OPENING MIDTOWN MORTGAGE and LOAN LTD. 1245-3rd Ave. S. HOME MORTGAGE AVAILABLE MIDIOWN Will LEND YOU MONEY ON THE EQUITY IN YOUR HOUSE WHETHER PAID FOR OR NOT. NO RESTRICTION BECAUSE OF TEMPORARY UNEMPLOYMENT OR PAST CREDIT RATING. Call N. J. (Norm) GlESBREiHT 327-2181 EVENINGS nnrl WEEKEND! 328-0005 ;