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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 26, 1972, Lethbridge, Alberta changes policy TORONTO (CP) Simpsons jtd. announced today a major leparlurc from its 20-year agreement with Scars Roebuck and Simpsons-Scars. President G. Allan liurlon told lie annual meeting of shareholders that Simpsons will open T store in Otlawa, previously the territory of-Simpsons-Sears. "We have just agreed with our partners (o make trie first exception fo the exclusive-area c ause relating to department stores contained in the original agreement ol 1952." "Metropolitan areas, not now serve; by Simpsons, may have a Simpsons store in their future. Simi arly, for example, Metropolitan Toronto and Montreal may have Simpsons-Scars stores in addition to Simpsons." Simpsons and Soars-Roebuck each hold a 50-per-cenl equity in Simpsons-Soars. A Simpsons-Spars spokesman said his company will announce plans soon for stores in Toronto. While IhB company did not release first-quarter earnings, Mr. Burton said sales for the three months were ahout 20 per cent ahead of the corresponding pe riod in quotations Vancouver, Calgary, Montreal t (Supplied liv Uohcrlv. McCiiaiB Uniilcd> LAST BID OH SALE a rn. Quolea) a.m. am. Cuofes) VIESTEBN 011.5 Husky Oil 1615 tAulual Ac 1B8 Aim r.ox 5 35 Ol B 4] DO Mulual Gf F 5 67 h.f.i, llj Easl Gaa 7.15 Oil War 370 Nat Res 7.22 7.59 sanwra Jl.M'.i InUr Proa p M 1 1 75 N W Fin MO S 61 ihland Inlcr FVov Sled 11. M N VI Or 1 31 t IT. p 0 Oas 5.3i Kaiser Res 3.15 Principal Or 5.41 an Soulh 7.35 Manane 250 Refund an tx Ga> 3.30 Pacllle Pole 33.35 A i.m dn Homesld 7.2a Rainisf 8.35 H! JK dn nd Gas Oil 875 4.55 iMl ll'ol dn Super 42 50 Teledyns 4.7S dn Long .83 cdn Seed 6.75 Crnn" ,J harder 4.90 YuKon Mm VANCOUVER hlellsn 10.12'.', v.'csllicla 1.55 MINES Dante Pell 3S.12V, CftLOARY wlc" 'Ofi'a Gt plalni 32 CO Arroll .50 AnuK Gt Cdn 4.50 Da.-cns .01 J'c1ie Lothlcl 1.57 .15 Nnrlli Cdn Oil 5.75 .0? Numac 14.00 vjvner .50 "3? Pantdn Pela 15.53 PIPE LINE STOCKS rln-rchill CMMr '73 Pan Ocean 11.75 Alia Gas A 52.50 WK PC rol Aria pfd 75CQ DflnVoo tA "'innftcle .-13 Alia Nat Gas 3000 Dolly Varden 35 Gas .64 Inland f.'2' Gas 15 Dynasly V 75 Ponder .60 N anj c Gas 13.12'i Reliance 35 Rangrr 30.87'.; N and C 0 Pfd 77.75 Mascot 535 Scurry Rain 17.13''i Pecillc Trans Granlsle 605 Spooler .as Gar 5 Lcrnex 9.10 Seibers 970 G.TI Vciro A 7? lylton Minerals 155 Tola 4.30 Cda Pice A3.35 Primtr .17 U sler 1.3S Trans Pipe B 41. 'O Pyramid .i2'.j W. Decalfa 580 Trans Cda A 6300 silver Slanrjsrd 1.35 West Pele 9. Trans Cda 1J.75 Texrnonr '3 Aquaaine JIM INDUSTRIALS A in SB Cdn D'V'd "2 1 0 Block BroS 3.1J R lAftn Cdn Ven1 J.10 J.4J B.C. Sugar 19.50 Cdn Brer. B 36.M A Cr F 7 a BC Su pfd 1JCO Cdn Pacific hw K-75 AGFSpeclal Capt ,nfer s.nw Crov.'sneal Ind aa-5D Cdn inveil F i DO 5 Cresfbrook f: Ir.rf A 00 A 6 E3 757 Hys 3.10 Cvgnus B A.12Vi Inter 1-1. d5 liBB Inlcrkr Brew 340 Falcon Copper 1250 Lev 3 CB Manner 115 Genslar Invcsl S.P7 f 6] Key Indusl Home A 31.75 Corp In SI F 5.28 5.77 P.icllic Air Home B 32.25 F US. 13.-M 14.7D SldmpeOe .nil Hud Bay Co 18.25 Gr in Shares i 05 A.ts OILS Hud Bay Oil -i2.00 Gr Fqully T.a BWAlbnny Oil Hud Day Pfd Invesl Gr F 12.15 J3.42 Plains Pete .11 ush Russell 23.00 Invesl Mutual i 81 Explor .13 Toronto mines, industrials (Supplied By Hichnnlson Sccnrllics of Canada) LAST DID OK SALE a.m. Quotes) am. a.m. Quotes) MINES Newgate J.65 Ramfi PcTo 3425 Acme TJorlei .33 Oofdsco 24.00 Advocale Alb. Ui OsisVo .2i Cable 17.25 Akaltcho .iS Pme Point 3100 G1 CtJn Oil 650 Bra orns -2.55 pracer Dev. Gen IB 75 Broulan .3.5 P.C. Fxp. 3.15 Gl Lakes Pan 17.55 Delnlehcm Qwrtec AAan .M Guli Oil Ctfa IS fclVi Brunswick RarJiorc .55 Groyhcund Cannda Tung. 1.62 Rio Algam 17.53 Hawker Sid I ED 16.75 Roman Corp. 835 Huron, Erie sli quota ch CALGARY (CP) Changes mce re needed In Ihc grain ship- Pac )ing system (or it to meet whit u lire export quotas, says Ian clai D. Sinclair, president of Cana- den inn Pacific. 3972 They will have to Involve all tlicr accts of (he sj'steni, he sail eas ncl noL just Hie railways, IL He suggested: (he seven day, llircc-shifl W1'' vork week for all parts of the ystcm, nol jusl the railways. u Use or (rucks to ship grail rom inlcrior terminals. J-ar shipment, of a larger prr- jortion of cleaned grain and more equipment. Attending the general snnual sha Market n sharp dec TOIIONTO 1'riccs on (lie Toronto stock market rcgis-lorc( sharp declines for tlic fourth consecutive session in light m i d -m o r n 1 n g trading today. The industrials index dropped .79 to IM.Zfi and western oils .'12 to 220.E9. Golds rose .03 to 177.12 and >asc metals .01 to 220.59. Hanks, beverages, steel ami real cslatc slocks suffered losses while paper and forest and pipeline stocks edged ahead. FalconbridRc fell I'.z to Huron and Eric Mortgage Vs to S31, Stclco to SaOVi, to ?43 and Inland Gas to S15si. Pan Ocean roppcd to Ranger !'i (o La Luz 25 cents to S5.55 and Texas Gulf Sulphur to SIT'a. Erie Diversified gained '.i to 'SS'i, International Utilities "i to Riant Mascot live cents lo Chieftain 'd to ,-ind Dell Canada "t to S-15. Renting rose '.'i to SJR'i, PanCanadian Pelc IH to Slrilz, Mclnlyre to S7fU, Price la to Simpsons to and Algoma Stool Vi to LIGHT THADE MONTREAL Prices were predominately down alines ighl morning trading on the Montreal stock market today. On index, industrials slipped 81! to 203.52, banks 1.56 lo 270.71 and the composile .66 to 202.83. Utilities were up .55 to and papers .16 lo 81.51. Combined volume on Ihc Montreal am Canadian slock exchanges at 11 a.m. was shares, compared with at the same lime Tuesday. Patiiio N.V. was up 2 lo S2SH4, Inglis International Utilities to Canadian International Power V2 to MacMillan Dloedel to and Canadian Arena v'i lo ?15'.i. Falconbridge Nickel was of! 2 to and Hudson Bay Mining to S24W. Off each were Aquitaine at Canada Cement at Sleel Co. of Canada at and West Coast Transmission at 1'IUCES WEAK NEW YORK (AP) Prices were weak 01 the stock market today, but showed signs of moderating T u e s d a y 's ahrupt plunge. Trading was fairly active. Declines were far ahead of advances in early trading on the New York Stock Exchange, bul advances narrowed the gap lo about 7 to 4. Tlie noon Dow Jones average of 30 industrials was up .83 lo 947.3. In earlier trading it had been off more Iban 3 points. Among Canadians on the New York Slock Exchange, Mclnlyre Porcupine dropped lo S'G and Walker Gooderham lost }i fo 544 '.'i. On the American Slock Exchange, Canadian stocks were fractionally lower where need stress SASKATTOON (CP) A ri- L able rapBseed crushing Indus- siir try must be maintained in of western Canada if clevclpoment u i of improved rapcsccd varieties is not lo be seriously ilelayw Dr. Henry Sallans lold a Cana. dian Transport CommiFsion hearing in Saskaloon. du price Winnipeg Grain WINNIPEG (CP) Rape- 2.6 seed prices flucUialed frac- Ja. iionally near previous close 1 levels in a quiet trade nt mill- session on (he Winnipeg Grain ch Exchange today. Local and commission houses wer? light traders in thai com- Ju. modily. Flax prices dropped off slightly In moderate commis- 1.0 sion house selling while the Oc rest of Ihc market was feature-lets. Ju Volume of trade Tuesday was hi bushels of flax, of rapcseed and of La rye. Mid-session prices: Flax: May He lower 2.B1A; M July v.i lower 2.7814A; Oct. Hi Jl 2.7G3iB; Nov. lower Oc 2.7GA. N< Lethbridge livestock (Supplied by Canada Dirp.-irlmnnL of Agriculture) On offer to a.m. 360 cattle. Receipts mostly choice butcher steers and heifers. Ca1 tic market active. Good am c mice butcher steers meeting very good demand at firm prices. Good and choice butci er heifers meeting a keen demand. Prices 25 to SO cent higher. Double IT Ranch o Gienwotxl sold one load o slriclly choice high yicldin heifers, averaging 923 pound at 35.20. All classes of cow selling at steady rates. Ther were insufficient replacemcn cattle sold early to eslablis reliable quotations Choice steers 30 to 36.70 good 35 to 35. 7j; medium 33 1 34. Choice heifers IH.SO to 35.20 good 33.25 to 34. 25; medium 3 lo 33. Good cows 27 lo 28.50; medium 20 lo 27; canners an cutters 21 to 25.50. Butcher hogs sold Tuesda at Lethbridge yards 28.20. has price. Calgary livestock CALGARY (CP) Receipt on the Calgary livestock mai ike to 11 a.m. totalled 900 I head, mostly slaughter steer ami cows. Trade was stron and active with n good loca demand. Slaughter steers sold 25 cen higher and heifers were full steady. Cows traded on steady basis, quality conside ed. Bulls 50 cents higher. Choice steers 36.25 to 3 good 35.25 to medium 33.50 lo 33.55. Choice heifer lo 35.20, good 33.25 t 3-1.25, medium 31 to 33. Good cows 27 lo 2JJ, medium 25 t canners and cutters 2 to 2-1.50. Good bulls 27.50 t 29.00. Replacement cattle consisle of steers weighing 900 to pounds and heifers in the 600 lo 700 pound range. Prices o replacement steers and heifei were steady. No slock calve offered early. Good (coder slcers 75 pounds up 35 to 3G.70, goo( feeder heifers 32 lo 3-1. Hogs average base pric 28.25. Good lambs sold Tucsda 2ft to 2R live Hog prices EDMONTON (CP) Average prices to 11 a.m. provided by tlie Alberta Hog Producers Marketing board: Edmonton: 211.25. average Tuesday 28. 1C. Red Deer: 23.25. average Tuesday 28.20. Calgary: 23.25. Average Tuesday 28.17. Lethbridge: Nil. Average Tuesday 28. 1C. Uoydminstcr: Nil. Average Tuesday 27.72. Grande Prair e: Nil. Average Tuesday 27.24. Fairview: Nil. Average Tuesday Fnrt Macleod: Nil. Average Tuesdav 20.20. Total hogs sold 477. Hogs sold Tuesday Average 28.01. Rows average mo 1W Silver Wilier ,DJV3 Imoerial Oil la1! Sleep Rock 210 Irrasca 21.75 Cons Hambler 1.75 Tek Corp. J 70 Int Nickel OJ.m'i Con Lake Tcxmont ,ia J1.37'i 31 '-'a Upcsi" Canada 2.05 Inv Gp A 9.JO Cra gmnnl R.BO WcMern MTnes 3.90 Inl UrillHcJ -IS 00 nickpnson Mines 1.17 V.'riqht Hargreaves 1.15 Indust Accepr 19.121' DcnFson Mines 33.37V] 1 11 1J.K) Deer Hern O-'.'a Wjnrjfall .0' Kelly Doug A 5.75 D-Efdona Bear a LMb 3. as Duine Minei W CO Zpnmac .15 A Donalda -50 INDUSTRIALS '''p1ro "-00 Discovery W.ines .9i AUHTHI a 171- W'a5SCV Fpr9 l'-3i Fast Malartlc Ablllbl B 37' ft'.rMillan Dice 23.37V Sullivan 397 Alcan Corp J2.3J Falranhrldge BJ 00 Algoma S'ce 11 75 A 21.10 ,19 lnrt 9 M Molscns 0 First MarlllmES .70 Allan Sugar 700 Cent 1375 Giant Y K 7.7S Agra Ird li.aS PDAEF Corp 9.7i Dovis 2.00 Bell 7el Price Co 7.75 Grnnduc 20 Braiil Trac Rolhmans IS.'X) Headway R L. 700 Tel 61.75 SI Corp ?l M Holllnqr-r 50 Bufns I1 i3 Stvtll CDA il.67" Hudson Bay M-S 3-UO B.C. Forest 21 .CO Slmsr'Jn'b 34 W Hydra Ex. .17 B.C. Surja" 2000 simp Sears 34.12' Iron Day 3 i5 BDIV VaiPcy 30 ro sietl o( Can 3155 ISO 217 CAE Ind Selkirk A Joiret Quebec .29 Cdn Brew 7.SO Texaco 00 Kerr Artdiscn 960 Chemcell 5.00 Trorfers Gp A 17. JO Key Anacon .U Col Cellulcsi 1.9D Tiins Mln Pp 3ifO LaDradcj- 50 Cal 25.00 Trnns Can Pp 'Lake Shore 2.13 Corcn Credit 1 3D Urticn Gss U.12' Lanqis Silver 07 C.W.N. Gas 13. W Union Oil Madsen H.L d4 Cdn Indus! 15.37', j Versatile A'.alartic G ,62 Cdn Warcnnl 31. Martin W.cNecIv .M CJn v'ckers Union IS.CH' Marlnlyre CMrysfer SJ.fcJVa WPS ton's B 19.25 a .10' i CPR li 25 A 27.75 Mdrim 14 Comlnco West Cdn Sd t.50 Inern 9 BS Cans Uath Zcnilh b'E-. 360 Nu West Ho.nea 9 IS Cans Gas 19871'? BANKS New Alhona .12 -Dist Sea 33. 121 3 Can Imperial 31 Ooni CO Wonlrcal 21 87' .31 Nova 5co1ra 3B W. Copper 295 35 50 Royal 33.71 NoraniJa 50 Dom. Stores 3525 Tor-Dom M.75 stocks (Supplied By Hicha.rrJson Sccoritlcs oT Canada) Amr T end T J2 75 Sears 113.25 30 Golds 17703 off .M Anaconda Oil of N.J. JO. 50 10 Dase A'.et Vi B2 up .01 Beth Sleel 30 61Va Texas Gulf 117.50 15 W Oils 27101 U C. Chrysler 3-1 00 Texas Co 3D 25 Volume WIfkes Carp il 75 NEW YORK AVERAGES Duponl 169.25 WcalviQrICi 37.75 30 Indusl VJ7-3? up .83 GM ?C.1JIV Efec 30 Rdils 361.70 cT 1.39 steel 30'75 1S 1M" new record OTTAWA (CP) A record number of carloads of grain were unloaded at West Coast ports in the week ended April 21, Otlo Lang, minislcr responsible for the Canadian w real board announced Tuesday, In a weekly report, Ihe mlnis-ler said were unloaded compared with the record unloaded the previous week. So far in April, bushels of grain have been unloaded on the West Coast. Beef futures WINNIPEG fCP) Live beef lulures close Tuesday. May 30.00B; Jly Farm inaupowcr legislation N iiilrodiicctl o N EDMONTON (CP) bill M that would allow the Alber a j to enter into Q agreements with Otlawa in (be area of form manpower was in- troduced in the legislature. Agriculture Minister Hugh Homer, presenting the proposed amendment to the fed-oral -Provincial Fnrm Assis- tance Act, said such an agree- J ment "is essential if we are go- ing lo develop programs" re- Net earnings Jly THE CANADIAN PRESS Cnnnila Trust Co., three months ended March 31: 1972, 53 cenls a share; 10 58 cents a share; 1971, 14 cents. Canadian Pacific Invpslmcnts Ltd., Ihrec months e n d e c March 31: 1972, 510.03 million 18 cenls a share; 1Q71, S3. 06 million, 13 ccnls. Great Canadian Oil Sands Ltd., Ihrec months e n r fit March 31: Ifl72, loss; 1971, volume: Six Warrt 2V. 75 3d Indust .17 Volume E, 130. named WINNIPEG (CP) Former federal cabinet minister Eric Kicrans hns been appointed an independent consullanl to help formulate Manitoba's resources development policies, Premier Ed Schrevcr announced lodav. Mr. Kierans, 5S, for "the Quebec riding of Duvernay, was an unsuccessful candidlae Manitoba the federal Liberal party leader ship in IMS and was postmas tor-general anri minister of com municalions in the cabinet. lie resigned from the cabine in a disagreement over economic policy. In his new position, he will ic a consultant to the secrctaria of the cabinet's planning anci priorities PROCTOR CELLULOSE, LTD. the following posil ilt ronda Premie, ENGINEER ve lecHriica support In e nanagc (rain ng programs for vaslc renrmenl foci ilies, y wifh governmenla and bloacbed krafl pulp mill In G ENVIRONMENT CONTROL Reiponsibflilies fo include: abilily to provide cfieel Ireulmcnl, ability lo develop and successful operation of v abilily lo work effccl vel sullir.g agencies. to the organizalion and use of workers for fanning and related induslries. The act now allows (he province lo enter into agreements with Ottawa in (lie areas of farm or olher land use and conservation, including irrigation and water development farm credil, crop insurance and rural development projects. GradVafG chc-micnl, mechanica or chemically detected TORONTO (CP) Mass screenings for an inherited fatal disease which chiefly affects babies has detected five Metro couples uho cnrry the disease. About couples have beer tested for Tah-Sachs isensc, which affects about one in four children of carriers. None of the couples lias afflicted conlro functions, problems in the kraft pulp in-wih consulting and regulalory coder ship n process air nrtd wcrlcr polluJion duilry, -Some? experience in agencies a ditf jnilc asset. PRODUCTION ENGINEER Responsibilities '.o include: nbilily lo demonstrcle INVESTMENTS LTD. NW EQUITY FUND LTD. filf' NW GROWTH FUND LTD. NW FINANCIAL FUND LTD. For a rijicuiiion cafl or wrife DICK BATEMAN, 609 10 St. S., Lethbridge Ph. and 40 utions, ability lo comrrumienle effectively and work in a team alrncspher -abilily lo irnin non-managers in opcralion of process P By Gene Fawcelle aom-RAKe VOUR ROTARY MOWER CAN NOW 8E CONVERTED TO A POWER RAKE ANO THATCH REMOVER. HEPIACETHECUT TIMS BLADE WITH THESPECIAL RAKE BAR, ANP DEAD OWSS ANO CUPPINSS ARE LOOSENED ANO LIFTED OUT AT LESS COSTTHAN A TOWER RAKE'S HOURLY K i vat. f