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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 17, 1972, Lethbridge, Alberta Weaker trend evident today TORONTO (CP) Prices in nlll major sectors of the Toronto stock market turned lower in mid-morning trading today alter moving fractionally higher in the opening minutes of trad- ing. The industrial index was down .09 to 201.93, golds .71 to 179.72, base melals .15 to 'J7.47 and western oils .24 to 22G.CO. Volume by 11 a.m. was shares, down from at the eame limo Friday. Trading resumed after n sliorl delay at the opening in the shares of Robinson Little. The common stock was up to while class A shares gained to Chemical, industrial mining, oil refining, merchandising and steel stocks registered moderate losses while hanking, beverage, food processing and pipeline is- sues edged fractionally higher. Inco was down to SSZVz, Placer !i to ?39, Pan Ocean Ik to Bank of Nova Scotia to Dell li to and CP Ltd. '.B to Hayes Dana slipped to S19, Imperial Oil Vs to ?J2, Interpool >i to Laura Sccord to Sll'A, Pacific Pete to S34 and Heed Shaw Osier to Massey Ferguson was up -vi to Consumers Glass to tlV'.i, Slater, Walker to S18, Canada Soutlicrn Pete 55 cents to S7.70 and Toronto Dominion Tiank 3i to Stocks unon MONTIIEA1- (CP) Prices were up fractionally In all sec- tors except industrials in light morning trading on the Mont- real stock market today. On index, industrials were down .02 to 205.17 while utilities rose .17 I o 162.96, hanks .32 to 275.20, papers .50 to 84.08 and llic composite .03 to 2M.45. Combined volume on the Montreal anil Canadian stock exchanges al 11 a.m. was sliareb, compared willi al the same time Friday. Financial Collection Agencies was up I'.i lo B.C. Forest 1 lo 522, Masscy-Ferguson to 'a, Dawson Development Vi and Canadian Interna- tional Power to Canada Cement Lafarge (ell !'i lo International Nickel i to Canron Vi to ?2l and Mclcliers Vi to ?10. Wall SI nnon NEW YORK (AP) Stock market prices nosed lower loday in trading as news of Die Vielnam escalation dampened buying interest. The Dow Jones average of 30 industrials at noon was off 1.53 al 866.13. The bombing of Hanoi and Haiphong during the weekend made investors uneasy, brokers sairi. It cast a pall over the market that continuing news of higher first-quarter corporate profits could not erase, they said. The Associated Press 60-stock average at noon was 1.0 at 344.0. Noon prices on the New York Stock Exchange included ChryS' ler up to UPF down Hi to and American Droad casting off 2'i lo Dome Mines, up at and Hudson Bay Mining, up at were the only Cana- dian gainers. Mclntyre Porcu- pine lost 131 to Genstar to and Walker Gooderham to SWi- On the American Stock Ex- change, Brascan was ahead to and Scurry Rainbow to Whirlybird test Fanning halted at Etzikom ETZIKOM (Special) iprlug farming operations were irought to an abrupt halt here tncc again on the weekend as i light snowfall persisted ;hroughout this region 100 miles southeast of Lcthbridge. The Elzikom Manybcrrlcs district was not hit by the icavier snowfalls that have prevailed through most ol southern Alberta, during the past several weekends. Farmers have been on and off the land cultivating and weeding in preparation for spring seeding. The last heavy snowfall of the season hit here at the entl of February. Some two inches fell during the 25 weekend and another two inches April 1. During Ihe rest of the lime drying west winds have swept throughout the southeast and the land was in near icler.l con- dition prior lo the snow of the past weekend. District agriculturists report calving is now at its peak with few losses so far. Dugouts and other stock wa- tering impoundments are near capacity and pastures nre showing strong spring growth. Heavier snow and soil mois- ture gradually increases in a westerly direction from I'' short grass country. The lighter snowfall has been good for the wildlife popula- tons, particularly the antelope in the south-east. Several herds in excess of 100 head can be seen i TI some areas 1 his sprirg where there were hardly any one year ago Indications are many of the animals relumed from Mou tana over winter. Consumers hit business in parks For PINCI1KR CREEK A the government and the ntmo.sphertc dispersion with, valuable back- earch project at Gulf Oil information in advance da operated sour gas increased industrialization in ot under way today at province. rjtnpany's Pinchcr sludy will help the in- ui desigji engineering of Conducted for Gulf plants, and will provide y Canadian Combustion data (o Gulf Canada earch Laboratories, of ils air monitoring pro- nines branch, department by pinpointing the best nergy, mines and location for our monitor ttawa, (he project employs cw technique for program will take five mospheric and groutul at each plant. The heli- neasurcmcut of will first map Hie exact uality factors through co-ore i-ated use of a helicopter and stack dispersion pattern, (hen test temperature, wind i rfnce air quality al various Gulf Canada believes throughout the pattern. .udies such as these arc radar stations will mely in respect to long-lerm encfits lo Hie the helicopter's position and a surface vehicle The company will makn all ala available (o Ihc with identical measuring devices will take simul- eparlment of the readings. or ils use. .T. G. Gainer, Gulf Canac n nvironmenlal engineer, said ic.sc studies hopefully will separate Icsls will be conducted each day lo provide dala over changing weather conditions, and orange weather will be released daily "S. PI the research team which ga of two scientists and a W a technicians. By Gene Fa we Canada has invited ob- AN ELECTRONIC DEVlCE.THE SIZE OFASAVy.LTRV4Sl5TOR RADO IS DESIGNED TO REPEL WSQUITOS, ITGIVES OFF AN ULTfW HIGH-PITCHED TONE SAID TO KEEP from tbe Energy He-source's Conservation Board, the Graduate School of Chemical Engineering of (he University of Calgary, and the Atmospheric Environment Service (wealher FROSS 3 TO S FE ET AWAY. prices (CF1) Aver- prices lo 11 a.m. provided 1 the Alberta Hog Producers frl hi Board: 27.90; average 2834. LAMP, Deer: 27.95; average Friday, 23.42. PROOeJCfS Bfttl L 28; average Friday, 2H.3-I. OH N i 1; average Friday, 28.36, WATCH. Nil; nveragc ________ ____ 27.65. REQUIRED MOTOR MECHANICS, or EXPERIENCED Shop -5 Day Up lo per hour Phone MR- CYRIL BENDER BIG M MOTORS MEDICINE HAT, PHONE OLDS (CP) Consumer is sues as broad in scope as Lin national parks policy and a specific us labelling Uie >vc of a box of apples were amincd at the annual meeting oT the Alberta hranch of the Canadian Consumers' Asocia tion here. Resolutions passed included m o n o p olisti' commercial developments ii national parks. Requesting that boxes c apples be labelled with Hi minimum count or the volume as now done, plus the weigb so consumers could better com pare values. the provincia. government's proposed legisla tion allowing margarine to 1: colored the same shade of dye now used in butler. Requesting a change in th Cannda Pension Plan so ther is no sex discrimination awarding death benefits. for a national om budsnian. that snov mobile drivers be tested an licensed LKe same as drivers o other vehicles. tho national assi elation to request regulation i all television advertising (I reeled specifically lo children. The group's national annua mceling is scheduled for Van couver June 4-7. Livestock Calgary livestock CALGARY (CP) Light re- ceipts of 200 head, praclicall all cows, were reported today the Calgary livestock market I 11 a.m. Trade was active. There were ins u f fi c len slaughter steers or heifers o offer lo establish quolation Cows were moslly medium an canncr kinds with nil grade selling steadier than a s week's close. Few bulls so1 steady. Good cows 27.30 lo 28.50, mi dium 25.50 to canners an cullers 21 (o 25. Good bulls 2 to 29.50. There were insufficient replac nient cattle on offer to ostal lish a market. Twenty nin head of good slock heifer caU cs weighing 350 pounds eac sold at 36. Hogs average baso pric 7 DIK IN AMRUS1I BANGKOK (Renter) Fiv policemen and two villagei .were killed and five other po- licemen and a villager scriousl wounded in a Communist am bush in southern Thailand, po- lice sources said Monday. The said 10 policemen were I rave ling in a small truck Saturda when the guerrillas opened lire Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Uohcrty. McCuaig Limilcd) LAST BID Oil SALE am. Uuolesl a.m. a.m. Quoles) WESTERN OILS Imlnex Ha East Gal ihland Oil Gat Soulh F-x Gas HomcslJ Ind Gas Oil superior _.. Long is harler Chltllan I Plain: Cdn Oil jrrh Cdn Oil jncdn Pel a in Ocean olrol Plnnaclrt 'lace Gaa Ponder inqer :alla 1315 Husky Oil B Huiky Oil l Inler prov Irtlrr Prov Steel 17 00 WulUBl Mulual Ac 7.SO 3 H 775 WGF Pacific Pete Rainlnr Tcledyrn ,5? Wfsl Cdn J 90 White Yukon 10.25 Weslflpld 37 CALGARY U.M Acroll 6 60 Oil 1.61 Madiiryi l.tS fiorlrt IS Warner 5.SJ 15.35 9.75 3.S5 2.70 33.75 6 or F Prln Gr n 25 1.73 19.M 14.75 .91 9.60 6.25 1 43 5.95 PIPE HUE STOCKS Alia Ga! A V 00 Alia Gas Pld 77.51 Alia Nal Gai -30.00 Inland Nat GBI N and C Can N and C B Pfd Pacific Trans Gai Wei ro Gaj Metro A Trans Cda Pipe, Trans Cdn B Treni Crt United Ac Unlvcrial Sa TXX Cmnw Vrnl VANCOUVER MIMES 13.B7VJ minca 171 Arctic M'nlng Arrai Explor Bath Norse DrentJa 02 flrycoo Churchill Clipper Crcycfen nolly Varden Dynaily Equatorial Fort Rellcnce 72? 79J i 10 S M 4 7.W 502 3 51 4 6.7Z 56? 6.1 B B 9 02 52 6 34 14 75 13 SO IB 37'A Giant 1300 Granlsls we i rcnj H rda War MISCELLANEOUS V.C Tra INDUSTRIES 2: 75 Jrlnco idn Brew A 30.50 dn nrt" B 35.75 :dn Paclllc 1nv 2600 Ircwsnosl Ind 29.00 iygnua A 5.75 JVSnus B 4 00 Falcon Copper 13. on mid Slarvdard J Valfey Ccpper I WC Res INDUSTRIALS (cmo B ud Bay C ud Bay Oi y senior newspaper execu- tives across Cannda in a sur- o[ their reading of Uie current economic situation. The survey was taken as ex- ecutives gathered in Toronto 'or the onnual meeting of The Canadian Press, Canada's na- tional news-gatliering co-oper- ative. Their replies noted some prospects for reduction of un- employment levels despite problems in certain areas or industries. They made these other gen- eral points: 13 a general uneasi- ness among businessmen about new tax legislation, hut this does not appear to affect plans at stable industries. There appears lo be no backlash against United States economic controls. --There does not appear to be a strong, organized consumer reaction to rising prices b u t there may be some changes in buying patterns. MOOD BUOYANT Tom Green, editor of Winni- peg Tribune, said "the general mood of the area is buoyant, with some depressed pockets such as Thompson in the mining He said there has been no backlash against U.S. econo- mic moves. "Foreign capital Is too im- portant to this area to permit very strong feelings of econo- mic nationalism, except among academics." William Thomson, executive vice president and general manager of Regina Leader- ?ost, said unemployment dur- nfi thn last Iwo years had its effect oti retail trades. "After n difficult how- ever, retail ben an to up and since Ihc InsL half of 1971 has been steadily im- Hoss Munro, publisher of Ed- monton Journal, said retail merchants