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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 29, 1970, Lethbridge, Alberta nis i M A i Severe Market Decline Continues Nikon's Brother To Make Voyage Aboard Manhattan I Livestock Market Report TORONTO (CP) -The To- Among solar ronto stock market was down Hudson Bay Mining and moderately in light mid-morn- ing, which began Ing trading today. day oo the bads rf rwi inriM Industrials declined one spot, wai off Vt to 51 tol6650, goWTm to 145.86. declined K to Nor baW metals 66 to 102.40 and anda 44 to SHI, Pacific Petro- tnstern oils .87 to 147.70. West- leum to Stt and Imperial Oil trn cils were it a low for 1970. 1 H to 18H. am-was 632.000 OB index, indMtrlah irwe off with at .M to 173.07, .15 to STsame Tuesday. and the comporito to BY BUD JORGENSEN ABOARD THE MANHATTAN (CP) Edward Nixon, brother of te United Sbta pnndeat, will vend Une days aboard the U.S. supertanker MadatUa durkag its voyage through the Northwttt Ptttage. Mr. Nixon anl three officials o( Marble Oil Ltd., owners of the taker, were to board the ship Tuesday eveaoft. They will leave on TMtf. Joong Mr. NSxn will be Russell H. Yen, contact direc- tor for and sup- pry, Rusty Catis, marine maoa- by fee Canadian icebreaker Louu S. St. Laurent, was about ISO miles southeatt ct Tbuie Tunday afernooa k it ex- pected to be vtithiB MO mifc. rf toe base when Nixon arrives. and Brara Mookfaoek, who technical director hi Ot- gains 1163.97. Banks were up .M to to 99 with 208 issues unchanged. and papers .36 to 108.97. The market has been in dedine for four conseeu- RALLY NEW YORK .X New Irr.p. Mln.i Home B...... 14.00 All Cdn. Ventra 3.54 Helfcop Amer. Gth. F 4.44 S.12 Primer...... Canada Growth 5.24 S.U Pyramid...... Cdn. Invest. F 4.15 4M Silver Standard Correct. Ml 5.73 En...... Commonwealth 11.58 Com'wealtfi 3.04 3.M Wnlern Mlno Corp. Investors 5.54 5.73 Ullca........ Futorlty Giant Mascot Granlsfe...... Key Ind...... Hv's....... Infer. Brew. Kamloops..... Lomex..... Lyrton Mlrw Ml. Washington 14.25 3.70 4.40 1.50 125 .44 .35 .67 .23 Hcrne 2.2S Hud Bay Co 14.75 Hud Eay Oil 37.50. Hud Bay Oil Hi 54.00 Hvch Rt--s Pfd 21.50 Husky Oil..... 10.00 Kjsky on B Pfd 40.00 14.00 3.45 .10 .11 .13i .32 .10 5.50 3.50 .23 .36 1.45 .54 4.20 l.M TORONTO MINES, INDUSTRIALS Supplied by Richardson SecurttJef of Canada High Flax May KlVi Jry 2R5S Oct 28554 Nov Rapeseed May Jly 285tt NOT 250 Jan 2J2V4 May 74Vi Jly Oct Dee Barley May Jly Oct Dec Rye May Jry Oct Dec Low Close i.m. LAST BID OR SALE a.m. 27914 281 Vz 28m 275? i 279ft 281 245 V'4 240K 74 230 282 282H 247tt 24Ui 74 75 75 103V4 IDS' 105 106 my, 103 14 103Vs Potato Prices WINNIPEG (CP) Trailing was light In the MariBme pot- ato futures market Tuesday with some commission house liquidation. Contracts were ex- eculfd at prices unchanged to five poiirls below previous dose level's. Open IUgh Low Close Mon. May 3.70 3.72 3.70 3.72 3.75 KOV 2.35 2.35 Mar 2.48 2.48 IKDUITRIAI.S Abltlbl Alcan Atgoma Steel Afco Ind Allan Sugar Bell Tel Bralll Trac B.C. Tel Buirj B.C. Forell B.C. Sugar CAE Ind Cdn Brew Chemcell Cal Power Coron Credit Gas Cdn Indust Canada S J Cdn Varconl Cdn Vlcken Cr.rYlSer CPR........ Comlnco..... Cons Bath Cor.s GAS Di-.t Dsm Bridge Domlsr Dsrn TexlllB Don Slcres Dome Fail Play Fd c-t Amer Gt Oil Gen Mofors Gt Pap Gulf Oil Cds Sid Huron, Erla Hiram Walk Oil Irrperlal Tob IM WckJl Int Pipe Go A Indus! Accept' KElly'ooug A Lcfc'aw A sicres fern IttftUUn BIM Wcore Coro rform. Cent 1I.SI 18.00 Jl.OC 7.371 11.75 15.50 27.JS 17.J5 M.OO 10.75 Frobeic First Marltlmn Giant Y.K. Guimar Granduc Headway R.L. 9 fiVi Ogllvle Pp Power Corp Rolhmans Simpson's Simp Sears Se'kiR A Texaco....... 22.75 Traders Gn A Trans Mtn Pp 11.00 Trans Can Pp 24.75 Union 13.HV f.H'A union Oil 41.00 Jj.m Versa! i'e 2.7S Wesleel...... 11.W 14.42'A union Car 13.00 10.00 weslon's B 21.00 Woodward's A 16.75 3fO West Cdn S3 5.15 Zenilh Elec 1.73 5555 B4NXS M-M Can Imperial n Inlern WJig'Jl" MINES Alhara .0915 [lew CS'umtl Asb. 5.30 Irrperlal .J8 Mwanda fJ7j Area Mines 5.H Horlhgafa o.i-i... M .OS'.i Osllko Hdsn. M, S Hydra Ex..... Highland B-'l Iron Bay Iso.......... Jollet Q-jebec Kerr Key Anacon Labrador Lake Shora Leitch Lancet Silver Mafce.i R.L. Wstarlle G.F. Martin ..-jybrun vohntetn, it can be a mot painful experieoce that Caoa- dians are sometimes cocfuMd with Americans. Peter Obryshin, s 27-year- oid teacher from Prosperity, AMa., nortbeast of Edmootoo, attacked by African stn- dents while walking wrth United States Peace volunteer. The two men were con- fronted on caoipus of ao AdrHs Ababa junior secondary school by six ID eight sbicientj shouting imperial- ists" and "Go home, we don't need you." The students took off their shoes and pounded the teach- ers, Obryshko said. The American suffered a liiiHi jaw and fetter and Obryshb) ended u? with "sereral and a lost watch and sweater. The was i VIM led to the pcfice tat be said no ac- tion was taken. SCHOOLS CLOSE DOWN Chaotic gwernrnent-rtadent retatiooK in the East African monarcby had resulted in clo- sure of schools for more than half the time be bad been in Ethiopia. He arrived in Sep- tember, and left in March the year. In an interview prior to his departure from Ababa, the bachelor teacher of Eog- iish and social stabM taid the students are iinriiiflnl with Ethiopian society and the sys- tem of goYCcmKot. "Strong anti-American feel- ings are expressed because U.S. foreign aid is supporting Haile Selassie's government w! it'll the students vehe- mently he said. "They believe Peace Corps volunteers are all Central In- telligence or military agents." The Corps had only six vrfun- eers left hi the country by January and -were not sending tvec any more. Government-student dashes n Addis Ababa had resulted n numerous student deaths. Foreign teachers were told by iie Ethiopian government "to stay out of it." STUDENTS KILLED On Dec. 28 last year, Ob- ryshko said, he heard 10 min- utes of solid and 10 of inter- mittent shooting about .one- quarter mile from vhera be lives. According to what he beard from people who were at the university, police and the em- peror's bodyguard entered the campus and charged the stu- dents with fixed bayonets. They chased the students around the campus and shot at them. Seven were reported killed. cows steady to slaughter iteen choice to pounds 29 to 30.75; slaughter heifers high good and choice 28.50 U> 29.50, good 26.09 to 29.00; slaughter coin utility 1> to S.50; cutter Theatre Firm Shareholders Okay Plan TORONTO West era Canada has lost Us hoi market to Ontario and sboul look for future markets mainly in the Pacific northwest of the United States, a provincial gov- ernment swine specialist sail here. Art Reddon, an agricnttore department livestock supervi- sor, said that in 1M4, Western Canada produced two-thirds o alt the nogs consumed in Can- ada and exported to the U. and Britain. But in 1967, t east produced two-thfrdi of the pork and the west one-third. The Canadian hog population remained at about the same level, in 1M4 and in 1968. Alberta's share of this mar- ket, Mr. Reddon said, 33.6 per cent in 1944 and about 20 per cent in 1968. Per capita consumption of pork had scarcely budged since 1926 while the amount of beef and poultry products eaten by each person had soared. The Cigar b a whc4- hMnraed jubskfiny at Gulf and restern Industries Inc. of New fork, which controls Famous Players. Price is Famous Play ers treasury shares, Tabled a (14 each, or a total of or el the transaction. Based on Tuesday's doting price OB the Toronto Stock-Ex- change of a share, the deal would be worth about The purchase Is to include Films Paramount SA of France, which owns the Paramount-Op- era, Theatre in Paris, Plaza Theatre Co. LW. of Britain, which operates a dual-audito- rium theatre in London under a Crown lease that has about years left and a promissary note from the British company to Consolidated Cigar equivalent to about western hog prmlucg, there- fore, needed to increase, pork consumption as weU as find yjjifirnal markets. 51.M 1.10 8.30 .Ji 1J.OO 3.U 215 7.CO I.M 4.15 1.40 1.1! .17 4.0! .11 They had been hoktng a fu- neral ceremony for one rf their leaders slain earlier by police. Obrysnko had harsh words for Western "supporting a reactionary re- encc of liberty." "The world should see this is not a bastion of Cliristianity and democracy. "There is terribly light cen- sorship rampant disease, beggars everywhere, civil war in the north with the Eri- IrcanSj border clashes with Somalia and tribal disputes throughout this poor country." Market Index Error Caused 8y Computer MONTREAL (CP) Officials o( the Montreal Stock Exchange said Tuesday an unusually steep decline In the index Bgurei re- ported earlier was caused by an erroneous computer print-out and did not accurately reflect market conditions. At 11 a.m., the exchange re- ported that the industrial sector of the market WM off 5.46 to and the composite index 4.34 to 162.55. An exchange spokesman sail the inaccuracy occurred when the computer' was improperly (ed information about the new subdivided shares of Hudson Bay Mining and Smelting Co Ltd. Hudson Bay, which closer Monday at 92, began tradin Tuesday the basis of three-for-one split which was approved Jast week by the com pany's shareholders. The spokesman said the nc change computer was workin well by 2 p.m. and had ab- sorbed the new information. Hog EDMONTON (CP) -Hog prices today provided by the Al- berta Hog Producers Market- ing Board: Edmonton: Quoted 28.80 to 27.80, selling 28.80. Average Tuesday 29.00. Red Deer: No market. Aver- age Tuesday 29.24. Calgary: Quoted 29.00 to 29.15, selling 29.15. Average Tuesday 29.38. Lethbridge: No market Av- erage Tuesday 89.37. Lloyd minster: No market. verage Tuesday 25.96. Grande Prairie: No market. Sows at all points: Tuesday verage 23.34. Total hogs soU, 241, average Tuesday 29.07. Egg, Poultry Market Report EDMONTON (CP) Weekly egg and poultry report issued by the Alberta department of agriculture: Eggs To producers large JJ; A medium AsmaD 18; B 19; 0 cracks IS. To retailers A large 44 to 45; A medium 41 to 42; A small 31 to 32; B Jl to 34; C to 30; cracks 29 to 10. To consumers (in cartons) large 46 to 50; A medium 43 to 48; A small 33 BROADCASTER DOS Artkv Pketos C. anafeaster. Eaghsh aniesMr ud ed MetMist 4M at EimtfiM. A regmlar paaeC UL CTVs Cmafin to Pnf. Fkebs was hr IS tke iigsdsii mt nice CK Neigb- Wrly News. Funeral Homes Deal Announced WINNIPEG (CP) Corp. Uenmtionrf. (Canada) Ltd. today announced agree- ments have been reached to acquire six additional bmeral homes. Clair Leatherdate, dent of Service Corp., the agreements involve a total of in combination of cash, kng term debts and shares of common stock. Companies involved, which will bring the total number of funeral homes operated by Ser- vice Corp. in Canada to 13, are Tees and Co. Inc. and Robert M. White and Inc. ct Mon- treal; J. W. MacGilh'vray and Sons Inc. of Verdun and St Lambert, Que.; and Foster's Garden Chapel plled by Richardson Securities of Canada T. T, Montgomery Ward 45.55 Golds 147.43 u? 1.4! Ar.1tcf.ii Stsrl........61-75 13 B Mell 0! .44 Bclh. Sltel J7.SO SlirxJird Oil N.J. SJ.JTVi 15 W Olll elf .11 O'jlf 113.00 Volume Comssl Tern Co.......24.75 NEW YORK AVEJA6ES Dupcnl .......1M.2S 30 Ir.dust up .13 Cinsral 4J.1W 11.15 X Rails ISi.O] tp ,'A U.S. Steel......3J.JO IS UtUl IH U oil Ir.l. Hirvesltr 2S75 TORONTO a StxH JM.51 up .07 o.u irKjurt on M Net Earnings By The Canadian Press Greyhound Lints