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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 28, 1970, Lethbridge, Alberta g THi UTHIRID5I rlKALD Tu.-doy, Ap.il 55, 1970 Market Records Sharp Decrease PUBLIC NOTICES TORON'TO (CP) The To- ronto stock market fell sharply today to its lowest level since August, 1969. The market has gone through several consecutive sessions of erosion, interrupted briefly Fri- day by a modest rally. On index today industrials were down 1.78 to 168.03, base metals .74 to 103.49 and western oils .10 to 153.29. Golds were of .45 to 146.10. Industrials and base metals were at lows for the year. Volume by 11 a.m. was shares, compared with at the same time Mon- day. Losses outnumbered gains 223 to 63 with 193 issues unchanged. Dcnisoa Mines was down l.to 33. Premier John Robarts told the Ontario legislature Monday he would consider a suggestion that a Crown corporation be es- tablished to purchase 25 per cent of the company. Company officials have sait that the mine, Canada's larges' uranium producer, might have to be closed if a buyer is not found for the The federal governme n clocked a sale of Denison shares to American-controllea Hudson's Bay Oil ar.d Gas Co of Calgary earlier this year. Sigma Mines, at bid H.OO asked, did not trade. The company declared a semi-an- nual dividend of 10 cents share, down from 15 cents i the similar period a year ear lier. NEW LOWS MONTREAL (CP) Montreal stock market plunged lower in light early trading today after touching new lov, londay. Lower corporate earn- ngs, concern about inflation, nvestor caution and a lack of upport from Wall Street have all contributed to the current lump. Although declines were wide- spread, most were fractional. Among industrials Crush In- ernalional dipped IVt to 11, loore Corp. V- lo CPR li o 5911 and Industrial Accept- ,nce tt to Highlighting losses among senior mines and oils, Falcon- >ridge declined 3 to 154, Deni- soa 1 to 33, Hollinger 1 to 30, nco to 44, Aquitaine y to 6K and Rio Algom lo Imperial Oil was steady at LAND MANAGEMENT BRANCH Water Resources Oivls'O'i SEALED TENDERS vslll be received by the undersigned on of before May 1, mi, for the profsrty: Tint portion cf the S.E. 20-M4-4, ly- Itg north and east cf tre Ca.-.al Right- d Way, containing 120.61 acres rrcre TERMS: 2S% cash payment to accompany lender; balance In r.lne equal Installments Mith [n'eresl el per arjigm. All envelopes to be clearly marked The highest or any ctter not neces- sarily accepted. Unsuccessful Tenier- ers will be- refunded. Further Information may te ed at the office cf the Irrigation Land Manager, Administration Budding. Leth- Idge. Alberta, cr Lew Pollard. Pro- a.T.rr.e Officer, Agriculture Office, imtelstratlon Building, Taber, Alberta. Irrigation Land Manager Building, Leltibridge, Alberta. ACTIVE THADE NEW YORK (AP) stock market moved The higher MISCELLANEOUS QUOTATIONS Vaitcouver, Calgary, Montreal (Supplied by Doherty, Roadhouse and McCuaig) LAST BID OB SALE WESTERN OILS 3.7! Hvsly Oil War In Pro Pipe Yvil 12.3H'i In Ulil Pfd law Steel Jeiferson Lake jjulel Katser Res Kolia 3.70 3.5S 6.10 25.00 7.SO 1.49 5.70 L Cnt Perl Cem 7.75 MFC l.'J) tfwlor........M Key-tore 3.20 Corp. Investors 114 511 5 SO Dreifss F US. 28.2 S Federated Fin. 3.54 4.21 5 50 federated Gth 4.35 4.75 Growth Equity 5.W 6.55 1 35 Grouped Income 3-39 19 50 Investors Gtn 10.5511.51 Investors Mil 4.97 5.44 10S Venture 3.23 353 Mjtual Accum. 4.35 5-06 Mvlual Gift F 4.J! 4.45 Mutual Income 4.72 5.16 255 Fecilic Pete Rank Org Shell Inv Shell Pfd 3S.I2VJ Shell inv Wts 1.50 Sdks Ranier Wts! Cdn Seed VYhiupass Yuk Acroll Ana Pete...... Earons Oil Horlh Cont west Warner V.'est Calmer syjs Natural 6.7? 7.40 in 7.M 5.05 5.21 1.55 655 l.ro early this afternoon in moder- ately active trading, after re- versing an earlier decline. At noon the Dow Jones aver- age of 30 industrials was up 1.52 to 735.67. Among Canadians, Dome was up IVi and Massey Canadian Pacific lost Jlclntyre Hi, Distillers Seagrams Hi, Alcan and Genstar ?s. On the American Stock Ex- change, Jupiter Corp. wae up 'A and Brascan '.'4. Presloa was olf PROVINCE OF ALBERTA DEPARTMENT OF HIGHWAYS AND TRANSPORT SEALED TENDERS will t< received by Ihe cndersTgned up to 11 o'clock A.M. Standard Time on Monday, Wau 11, 1970, tor the Construction of the work: X154C-2 Fred Creek W. d Jtfland Rivtr, 30.2J to Kile 4S.S7. Gradina, Gravel Strrfjclng and Approximsle Qmntiliel, 1, MO Cubic Yards a Excivalion, Cubic Yards of Gravel. CcnSracts and specifications may be obtained at Itie office cl the CHtl Crxv Eca'inttr, Highways Building, Edmonton. Alberta tte oflice ct llie District Hh Street H. W., Calgary, Alterla, a.Td the office of the District Engineer, Administration Ing, LeihbrTdge, Alberta, and will be available or.ly to Individuals registered and cperaling In the Provl.-ce of Al- berta, or to paitnershlps corpora- tions registered and operatir-g in and v.ho have etsblished a fixed place or En the Province o( A deposit of Twenty-Five Dollais (S2i) will be required for each copy of the Contract and Specifications taxen. For Grading Contracts profiles will be sup- plied upon a further deposit cf Twenty- Five Dcllars Each bid ir.usl be accompanied by a marked cheque cr bond equal to cl Tender. lenders be opened :n i-'jlbic. The lov-est or any Tender not necessarily accecled. L. H. McManus, Deputy Mlnlsler of Highways and Transport Allmlnex Banff....... can South Cdn Ex Gas Cdn Grlgcl Cdn Komesld Cdn In Gas Oil CrJ.i Long Is Cdn Super Cen Del Rio CWefta.i Dynamic French Pete Grc-al Plains Mill City..... Kew Cent Permo...... Petrol Pinnacle Place Pcnder...... Ranger Scurry Rain Spooner Triad....... West Decalta MISCELLANEOUS INDUSTXIALS Atco Indus 11JO Agralec Aqvatlne Brit Nfld...... Cdn Brew A Pld Brew B Pfd Ccn Pac Inv Pfd CPR Pfd Cygnus A Cygnus B Cum Prop'..... Gt Cdn Oil Sar.d Gl Cdl OH S 4-75 t7.00 Home A.......1375 Home B...... MM ___ _.........------------ Horne PESfid 2.50 All Cdn. Ventre 3.50 3.93 Primer Hud Bay Co... I7.12ViAir.cr. Gift F 4.71 Silver Standard Hud Bay Oil 40.00 Cassia Growth 5.4S 5.9? T. C. Ex...... cdn. invest. 4.15 4.54 Texmont Collect. Mtl 5.98 Commonwealth 11.89 13.03 Western Mines CorYwealth Ley 3.11 3.42 Utjca...... 1.37 .IS 5.M 19.00 170 325 J.35 (Xjlnalla Ji.oo Glh iiiiS 37 M Regent Fund n 75 Royfund ___ 4 mi United Arxum. 4.S4 VAKCOUVEK 4.30 Ar.uk........ Arctic Mining 1.01 Atlas........ .10 Beth, copper .MViBorr.lte Rldse .03 Stock Bros...... Brer-iia...... Brenrnac B.C. Sugar capt. Inter. Churchill Coronation Credit ___ Croyden Dolly Varden Dynasty...... 27.IJVi Endako...... 4.50 Giant Mascot .07 .15 .30 1.15 17.00 .2J 4.W 11.12V] 1.07 16.75 443 1.30 '.34 10.25 12.62W 2.55 Eckville Area Man Killed ECKVILLE (CP) Martin Bozek, 44, of Eckvffle was kill- ed in a single-vehicle accident near this community 25 miles vest o( Red Deer. Persons Born Outside of Canada REQUIRE A CERTIFICATE OF CANADIAN CITIZENSHIP TO OBTAIN A CANADIAN PASSPORT DOCUMENTARY PROOF OF CANADIAN CITIZENSHIP li new required in support of any application for a CANADIAN PASSPORT the form of Canadian Birth Certificate or Certificate of Canadian Citizenship. Grain Prices Winnipeg Grain Prices 5S.OO ____________ 31.50 Husky Oil 15.25 Husky Oil B Pfd Hud Oil Pld Hugh Russ PlrJ Alia. Gas Tr. A Cdn. W.ll. Gas 15.00 Island Nat. Gas North, Central North, Central B Ca'naia 34-50 Trns Cn Pipe 2.M 37.75 Key Ind. 24." Tra.isCan. Pipe A 51.00 Trans Can Pipe w 1.00 155 Trns Prairie Pipe 12.50 325 v.'estccast Trans H.50 Western pacilic t.ii 375 MUTUAL FUNDS AG F Special 745 5' Ail Cdn. Comp. f.W 7.K New 2.S5 All Cdn. piv. 7.75 1.44 Otanagan Hellcop. .'i7 .60 .71 Hy's..... Jericho Kamloops Lcrnex Lyiton Wta" Mt. Was .11 l.W 2.55 ihington .13 TORONTO MINES, INDUSTRIALS Supplied by Richardson Securities of Canada LAST BID OR SALE t.rn. Ouo-ps) a.m. Quotes) a.m. Quoin) INDUSTRIALS In Southern Alberta Get in touch w'rtK the Court of Canadian Citizenship 309 7th Avenue, S.W., CALGARY 2, Alberta Phone 262-7737 Department of Secretary of State WINNIPEG (CP) Rape- seed was erratic, but showing strength at the close of the Vinnipeg Grain Exchange to- day. Aggressive exporter buying that met with few offers ended day-long drift to lovrer prices and left all futures on an up- ward trend. There was also some commission house buying on a light trading scale. Flax and rye were also on a drift to lower prices, both due to commission house liquida- lion pressure that met with lit- tle buying interest. Oats and barley had a rou- tine domestic shipper trade with steady' prices. The movement of bushels of-flax and bushels of rapeseed from Thun- der Bay lo St. Lawrence Hiver export positions was reported. There were also unconfirmed reports of the sale bushels of barley to exporters to be shipped out of Vancouver. The sale of bushels of No. 2 northern to the J a p a n Food Agency.in its weekly ten- der was confirmed. Export loadings of. Canadian wheat involved bushels lo Japan, to China and to Russia. Volume of trade Monday in- cluded bushels of rape- seed of flax and of rye. Lakehead prices for class two and IGA wheat were all un- changed. Prices for class two wheat for export lo countries outside IGA: 1 Nor 2 3 Abilibi..... Alcan Atco Ind Allan Sugar Bell Tel Brail I Trac B.C. Tel Burns B.C. Forest B.C. Sugar CAE Ind Cherr.call Col Cellulose cal Pov.tr Corcn Credit CWN Gas Cdn Indust Canada S S Cdn Marconi Cdn Chrys'er CPR Comlnco Ccns Bath Cons Dist Sea Dom _____ Domtar _ Dom Textile Dom Stores Dome Pete Fam Play Fd o! Amer Gl Cdn Oil Gen Gt Lakes Pap Gulf Oil cda Hawker Sid Huron, Erie Hiram walk Imperial OH Imperial Tcb !nt Nickel Int Pipe Inv Gp A Int Ulililies Tndust Accept Laurentide Kelly Dag A Loeb....... Loblaw A Metro stores Massey Kerg McMillan Bloe Moore Coro Molson's A 130? 25.00 13.25 63 50 2500 32.00 16.00 775 6.J5 21.00 1.53 13.75 1J.75 25.50 3.65 7.75 25.12Vi Molson's 8 Cent Ogilvie...... Perrb'na Pp 1 Price Co Ro'hmans Simpson'; Sirp Sears Steel of Can SelVlik A Tex.aco...... Traders Gp A Trans Mtn Pp Trans Can Pp Gas Oil'.. Versatile v.'csteel..... Union car Y.'eslon's B Woodward's A Cda Sd Ze.-.ilh E'ec Can. lir.perial a Monti eal Ntva Scclli Royal..... 15.50 East Sullivan 11 25 Fa'rn brTf'-p 1B.OQ FrobeK 9 Rrsl MaritLMS Gtal Y.K. 15W Gorldrum 15.50 Gunnar Gianduc 17-50 Heabnar R L. V.m Hollfcger M.62V4 Hydra Ex..... Highland Bell 23.03 iron Bay S.SRi ho.......... 15.00 joilet Quebec 27.1214 Kerr Addison 1300 Key Anacon 41.75 Labrador 2.BO Lake Shore 11.00 Leitch....... 12.75 Langis Silver Vltl'h Macasu 1S.50 Madsen R.L. 2.13 Malarllc G.F. Marti.i McNeely Maybrun Maclntyre 1.70 W.75 14.75 19.00 20.25 13.25 51 .CO 10.25 43.00 4.CO 24.55 Advocate Asb. 0 AVaitcho...... Mines Iron Bay Brabrce Brcclan...... 14.371.', 1.S5 Brunswick Canada Tt-ng. Cassiar Central Pal. 14.75 50.75 7.00 54.75 1350 315 7.00 J.6S 25.00 1325 30.25 Cons: Rarrbler Coin lake Lake Cochenour Cralamont DicVe.--scn Denison Mines Deer Horn D'Eldona Domo Dcnalda Midrlm....... Intern Mogul New Athona New Calumet Korthaate OpemisKa Patlno....... Pine Point Placer Dev. P.C. Exp. Quebec Man Rayrock 19.12Vi Radlare...... 2.60 Rio Algom Roman Corp. Silverlklds Sherrltt Gordon' Silver Mil'er Steep Rock Slscoe....... Tek Corp..... Texmcnt...... Upper Canada Western Mhej Wright Kar. .48 2.30 220 17.00 6.10 1.34 10.75 1.00 .13 13.00 2.00 .33 (.50 1M.50 .17 1.31 7.50 3.65 1.02 855 ion 3C.W .ievi 3.70 3.75 1.75 .11 12.3JVi J9.50 5.35 1.85 .ira 1.35 1.15 .88 MYl .'ilfl 155.00 .ISVi .11 11.23 .22 .23 2.5J S2.13W 13.00 13.25 .34 36.00 38.00 7J.OO .2014 1.45 .15 D.50 9.10 2.55 19.75 .09'A 3.S5 2.53 7.00 .60 1.75 Livestock Livestock (Supplied by Canada Department of Agriculture) On offer to 11 a.m. 150 caltte. Receipt's mostly bulcher steers. Trade active. All class- es of butcher steers meeting good demand at strong prices The few replacement cattle sold steady. Choice steers 31.75 to 32.40; good 31 to 31.50; medium 28.50 to 30. Good cows 23 to 23.50; me- dium 22 lo 23; fanners and cut- ters 19 to 20. Butcher hogs sold Monday f.o.b. Lethbridge 23.75 to 30.65 base price. Export price 24.40 to 24.60. .Sows dressed veight 23.20. HOG SALES All classes 61 weaner1 and feeder hogs meeting only fair demand. Weaners sold to f4 lower. Light feeders under 100 Ibs. about steady, heavy feeders over 100 Ibs. steady lo strong. Weaners lo 21.25; light feeders under 100 Ibs. 22.25 to 29.25; heavy feeders 100 lo 130 Ibs. 31.25 to 33.75; heavy feed- ers over 130 Ibs. 34 to 45.25. All prices per1 head. Light feeders under 100 Ibs. sold from 34 to 41 per Iieavy' feeders over 100 Ibs. 24 to 31.25. j Calgary Livestock CALGARY (CP) On offer to 11 a.m., about head; mostly slaughter steers. Trade was active. Slaughter steers were steady, heifers were in short supply with no strictly choice kinds of- fered and prices steady, cows and bulls v ere steady. Choice slaughter steers 31.75 to 32.40, good 30.50 lo 31. W, me- dium 27.50 to 28.75. Good cows choice heifers 29 to 30.40, me- dium 27.50 t 23.75 Good cows 23 to 24, medium 21.75 to 22.75. Good bulls 27.50 to 29. Replacement cattle wire scarce with those offered most- ly steers in heavier weight ranges. Prices were generally steady. Good feeder sleers more than 750 pounds 31 lo 33. Good stock and feeder cows 22 to 25. No stock or slaughter calves offered. Hogs base price 29.60. Gordon H. Leonard A. C Johnson CANADIAN IMPERIAL BANK OF COMMERCE announces the appointment cf Mr. Gordon H. Leonard M Regional General Manager, Alberta Region, to succeed Mr. A. C. Johnson who is retiring after more than 45 years' service. Mr. Leonard is a graduate of the University of Western Ontario, received a Master of Business Administration degree from Harvard University, and is a Fellow of the Institute of Canadian Bankers. He has gained broad experience in various branches and departments of the Bank and for the past 5 years has been Divisional General Manager ol the Marketing Division at Head Office. VJ.-K 16.12Vi Eta Malartlc .77 51.00 .33 136 1.19 Wright t Wilfroy-..... Windfall Yellrmknife Br. Zenmac I.43S; 1.80-ls; 4 5 1 Durum 1.833s; 3-1.70K IGA prices: Nor l.Wi; 2 3 1.683s; 4 1.51% 5 1.4Mi; 6 1 Du- rum 1.8M. 2 3 NEW YORK STOCKS Supplied by Richardson Securities of Canada T. and T. H.Wh Montgomery Ward 20 Golds w.u up .71 Anaconda 7t.trA 10 B Mets 103.7! oil M Beth. Steel Slaodard Oil NJ. 53.871i 15 W Oils 15U7 up .Tt Chrvs'er 2J.CO Texas 6'jll.....1U.UV, Volurr.e Comsal........ 3J 37V, Texas Co.......24.75 NEW YORK AVERAGES Dupoot.......HS.12rt Woolworth 30.00 30 Indult 732.25 off 2.M Gtneral Motors Westinghy.-se El 20 Rails 157.70 off .21 Gulf .........It.tlVl U.S. 1M.77 off .57 Int. Harvnttr 2500 TORONTO Stocks 2J223 off .87 Cooper 50.CB 20 Indus! oil .77 Volume Hog Prices EDMONTON (CP) Hog jrires today provided by the Uberta Hog Producers Mar- Leting Board: Edmonton: Quoted 28.75 to 28.85, selling 28.80. Average Monday 29.52. Red Deer: Quoted and selling 28.75. Average Monday 29.90 Calgary: Quoted and selling 29.fO. Average Monday 30.33. Lethbridge: No market. Av- erage 30.22. IJoydminsler: No market. Average Monday 28.90. Grande Prairie: No market. N'o market Monday. Total hogs sold to II a.m. Sows selling 23.21. Total hogs sold Monday average 29.71. Beef futures WINNIPEG (CP) Win- nipeg live beef futures trade was light Monday with s few contracts executed at 10 points below previous close lecels. Open High Low Close Fri May Jly 30.80 32.10 32.10 30.80 30.90 29.50 29.50 29.50 29.50 NEW YORK (CP) The and executives of at least Street Journal says the gloom big house had taken sub- so strong on Wall Street pay cuts. some brokers who o n 1 y brokerages, but the crash are comparing 1970 to everyone else in the Wall Street business cornmimily.has "It isn't 1970 Effected. by the slump in newspaper quotes one broker stock restaurants, saying. "It's 1928 and owners, bartenders, em- agents. In a story headed "Street newspaper quotes one. of- the financial of the New York Slock paper says things are so bad as "There's Wall Street that many questio.1 about it: Wall Street age houses are laying off in a depression." If. HE1D AT LETHBRIDGE COMMUNITY FROM APRIL 27th to JULY 25 HOURS OF RIDING HORSEMANSHIP Each class will involve 25 class hours divided inlo 10 of 2VV hours c ass. 'session will include 1 li .hour .'dealing such, topics, bsi B CHOOSING A HORSE GROOMING YOUR OF HOSSE CARE OF THE AHMENTS 0 POSTURE AND AND GAMES e Registration Fw per candidate S Open to all children 6 to Additional infarmation and opcJicotiori S OFFICE OF CONnNUING LETHBRIDGE COMMUNITY L l NAME {Mr Mrs 2. TELEPHONE NUMBER AGE e SECTION FEE Potato Prices WINNIPEG (CP) Trading was in good volume ia the May futures Monday, with contracts four point: above previous close levels at the Maritime potato futures market. There was little interest in other futures with prices unchanged to one point below previous levels. Open High Low Close Fri. May 3.80 3.80 3.73 Nov Mar 3.75 3.76 2.35 2.35 2.48 2.48 MAY YELLOW PAGES MAY 8- WHITE PAGES For LETHBRIDGE and DISTRICT DIRECTORY No Changes Can Bo Accepted After That Date. For Details-- PHONE: 328-5551 ALBERTA GOVERNMENT TELEPHONES This Week April-27 lo May 2 is HIRE A STUDENT WEEK EMPLOYERS: DO YOU NEED MALE OR FEMALE HELP FOR A WEEK? A MONTH? ALL SUMMER? Soon, hundreds of University, Community College, Senior end Junior High School students be available to assist you with ony of part or fiill-lime employment. THESE YOUNG PEOPLE ARE REGISTERING NOW AT THE CANADA MANPOWER CENTRE TO HIDE A STUDENT CALL 327-8535 TODAYI TMt adveitisemenl published through the co-operation of 0 Canada Manpower telhbrTdga Chamber oF Commerts University of Ulhbridga Vethbridge Comrmmily Dcpl. of Youth Depl. of Indian Affain All leihbridge News Media, ;