Lethbridge Herald, The (Newspaper) - August 6, 1971, Lethbridge, Alberta
9 quotations Vancouver Calgary to many, Mugun o, THE IETHBRIDGE HERALD Jg Tundra 1. by Doherly, itoedhause and McCuaig) LAST BID OR SALE (11. -no a.m. a.m. Quotes i (AP) Brushing with some toothpaste may brighten your sex and to "restore the ba! ance of truth in toothpaste ad oil Cautious lifts mai TORONTO (CP) Prices on the Toronto stock markel edged fractionally higher, interrupting seven consecutive declining session, in cautious mid-morning trading today. On index, industrials rose .41 to 174.51, base metals .03 to 91 and western oils .18 to Golds were down 1.66 lo 193.1. Volume by 11a.m. was shares, compared with at the same time Thursday. Declines held a narrow margin over advances, 90 to 79, with 179 issues unchanged. Strongest sectors were beverages, industrial mining, pipelines and merchandising issues. Eleven of the industrial index's 17 sub-groups were higher. STEEL DRIFTS LOWER Communication, steel, food processing and real estale issues drifted fraclionally lower. Falconbridge was up lo S92, Alcan to Inco to S31VJ, Palino Ve to Sher-ritt V, to 515% and Crush International Vz to fipupertest ordinary rose to Gulf Oil to Walker-Gooderham Vt to Alberta Gas Trunk lo and Western Decalta 10 cents to S7. Dome Mines dropped to Cominco V2 to S23, Tara Vs to 515V4, Imperial Oil V, to Mclntyre to and Canada Sou'.hern Pele 10 cenls to 55.35. PRICES MIXED MONTREAL (CP) Prices were mixed in light morning trading on the Montreal stock market today. Combined volume on the Montreal and Canadian S'tock Exchanges at 11 a.m. was shares compared with at the same lime Thursday. On index, the composite trade rket .2 lo 177.56, industrials .42 tc 180.17 and papers .13 to 02.54 Banks fell .7 to 204.9 and utili ties .15 to 150.81. Highlighting gains, Gulf Oi Canada and Falconbridge gained VE each to and respec'.ivcly and Internationa Nickel and Hudson's Bay Min ing and Smelting each tc 531 and respectively. Among declines, Canada and Dominion Sugar lost fill to ?31 Hollinger Vi to and Inter national Utilities and Hudson Bay Comapny each to and respectively. On the Canadian Stock Ex change, North American Hare Metals rose one cent to cents on a volume of shares. SLOW TRADE NEW YORK (AP) Stock market prices rose slightly in today's slow trading. The noon Dow Jones average of 30 industrials was up 1.09 at S50.54. Advances held a moderate lead over declines on the New York Stock Exchange. The Associated Press 60-stock average advanced .6 to 305.6 with industrials up .0, rails up .6, and utilities unchanged. Rails, airlines, metals and motors were mixed. Steels were off. All other stock categories were higher. Noon prices on the big board also included International Tele-shone and Telegraph up at Scott Paper off 34 at and Sony up "i at Canadian Pacific was the only Canadian stock to gain, up Vt at Losers included Dome Mines off Hi at Inco off V, at ?30Vi and Distillers Seagrams down at On the American exchange, Brascan picked up !'B to 518VJ and Canadian Javelin was off !o at OILS Husky Oil IfiJS Corp Invest SI F 4.B6 5.3 Almlnex 5.75 Husky Oil 0 Dreyfus F U.S. 11.75 12.B Alia Bust Gas 5.05 Husky 01 War 720 Gr Eqully 7.0 Asamera 19.55 Inter Prov Pipe 12.37'A Gr In Shares 2.47 3.B Ashland J2.75 Inter Slrcl Pipo 7.00 Invest Gr F 10-77 11.7 BP Oil Gaj 6.95 Cdn Occidental Invesl Mulufll 5.33 5.7 Cdn Soulh 5.SO Joulel .75 MulUfll Ac 5.33 5.B Cdn Ex Gas 3.95 Kaiser Res 5. 62 Mutual Gr F 4.B6 5.3 Cdn Homestd 9.E5 Kam Kolla 51 Nat Res 7.2-1 7.9 Cdn Home Pfd IB, 35 L Dufau 1 id.oo N W Fin 4.47 4.9 Cdn Ind Gas Oil 71.37'A L Ont Per Ccm 2.SO N W Gr 5.12 5.4 Cdn Long Is .79 MGF Manage 2.0G Principal Gr J.09 4.4 Cdn Super 4200 Mentor 92 RoyfuncJ 5.49 5.7 Cen Del Rio Newconex 550 Temp Gr 24.6329.1 Charier 6.00 Pacii.c Pete United Ac 4.67 5.1 Chletlan 6.70 Rank Org 2000 Universal Sav 7.21 7.9 Dome Pele 100.75 Selk Hold H.25 VANCOUVER Dynamic Pele 1.00 Shell Can 34.00 Anuk .32 Plains 31.SJVi Shell Inv Pfrf Arcllc Mining .10 Lochicl 1.25 Shell Inv WIs 16.12Vi Atlas Explor .42 Mill Clly LCD Sicks Rain er 2.75 Bath Norse New Conl .57 Tolcdyne 4.55 Beth Copper 16.75 Norlh Cdn Oil 7.10 West Cd i Seed 4.50 Block Bros 3.30 Numac 9.95 White Yi kon 11.75 Brcnda 6.45 Pormo .55 CALGARY B.C. Sugar 19.50 Petrol 1.35 Acroll .71 B.C. Sugar Pfd 16.50 Pinnacle .61 Barons Oil ,M Capt Inter 7.75 Place Gas 1.32 North Cont .03 Churchill Copper 1.04 Ponder .4-1 Marlison .23 Col Cellulose Ranger WPit Warnpr "Wa Coronation Credit 1.10 Scurry Rain 1B-50 PIPELINE STOCKS Cfest 5.00 Spooner Alia Gas Tr L A 4-4.87W Croyden .22 Tola! 7. BO Alia Gas Tr L Pfd 7250 Dolly Varden .7H W. Decaltn 6.95 Alia Nal Gas 21.25 Dynasly 7.90 MISCELLANEOUS Cdn W Nal Gas 16 00 Port Reliance .46 INDUSTRIES inland Nat Gas Giant Mascot 5.20 Agra Ind 925 N and C 15 Z7''i Granlsle 11.121 Alco Ind B.12Vj Pacific Gas Tr 1-1 00 Gravers B 3.00 Aqualnine N and C B Pfd 30.50 Key Indust 25 Brit Nfld 5.50 Gaz Melro 5 B7'A Hys 2.40 Cdn Brew A 30.00 Gaz Metro Pid A 6600 Interior Brew 4.75 Cdn Brew B 36.25 Tr Cdn P 3325 'n'er Mariner .7d Cdn Hydro Car 15.50 Tr Cdn P Pfd B rfl. CO Kamloops Copper .09V Cdn Pacific Inv 23.00 Tr Cdn P Pfd A 61 00 Lornex 7.95 CPR Pfd 11.00 Tr P Cdn War 1000 Lyllon Mlneras 1.76 Crowsnesl Ind 25.00 WC Trans 2 25.75 New Imp Mines fl5 Cygnus A 5.25 West Pac lie 6 50 Okanagan Helicop 5.25 Cyqnus B 6.00 MUTUAL FUNDS Plalnes Pete .27 Cum Pron 12. CO AGF Sppc al 270 Primer .10 Gt Cdn Oil 5.10 All Cdn Com 7.77 E.J9 Pyramid .54 Gt Cdn Oil 6-75 100-00 All Cdn D vld 8.79 9.61 Silver Standard 1.3B Home A 32.JO All Cdn Vent 3.52 3.85 Slampede Inle Res .89 Home B 3300 Amr Gr F 5.53 6 07 Tcxmont popular brands ma cause painful soreness am swelling of the gums, says a unpublished U.S. defence department study released toda by Senator Claiborne PC (Dem. The condition, known as ging val stomatitis, was found amon users of Colgate, Crest, Me Lean, Plus White, Ultra-Brite Vote and Gleem. Colgate-Palmolive Co. issued a statement questioning the scientific validity of the study, and Pell himself conceded it may not be conclusive. "But I believe the American consumer deserves to be informed completely on the findings of tax-supported consumer Pell said. Scientists for the Army Institute of Dental Research conclude that clinical and laboratory findings "indicate strongly that some commercially aval able dentifrices may cause painful gingival responses to the user." The conclusion is based on two clinical surveys involving a total of patients and laboratory tests with 30 hamsters. Pell said he will sponsor legislation authorizing the Food and Drug Administration to require cautionary labels on toothpastes to have possible Lethbridge Livestock NOT AVAILABLE AT PRESS TIME TODAY Calgary livestock CALGARY (CP) On offer to 11 a.m., about 300 head; mostly replacement cattle with trade active. No slaughter steers were offered; heifers were steady with no choice kinds offered; cows nere steady and insufficient bulls. Good slaughter heifers 26.75 to 27.75, medium 25.50 to 26.50 Good cows 22 to 22.75, medium 21 to 22, canners and cutters 19 to 21. Replacement cattle were mainly heavy, short-Hep steers weighing more than 750 pounds and selling at steady prices. A few stock calves were mostly medium heifers. Good feeder steers more than 750 pounds 31 to 32.70 with a few lighter kinds to 34.60. Gooc feeder heifers more than 575 pounds 27.50 to 31.10. Good stock heifer calves 33.50 to 39. Hogs base price (CP) The federal government has closed down part ol an Imperial Oil Ltd. exploration operation near Tukloy-aktuk, N.W.T., because the company has not complied with lederal use requirements. Northern development department spokesmen interviewed Thursday described damage to the tundra environment as minor. They said agreement with the company on new opera-t i o n a 1 procedures might be reached by Thursday evening and Imperial could be back on the job almost immediately. Details about the case had not reached Ottawa. But the spokesman said the problem apparently involved the use of tracked vehicles in two equipment-staging areas on Richardson Island near Tuktoyaktuk. One of the staging areas is within a bird sanctuary and the other just oustide it. The areas involved, thought to be 10 to 20 acres, suffered some shallow rutting. The rutting in itself is not serious, but in time it could cause underlying permafrost to melt, resulting in serious slumping and erosion of the terrain. The staging operation, spokesmen said was shut down to allow assessment of the situation. There had been complete cooperation from Imperial, which had no legal obligation to suspend ils operations. Land-use regulations under the amended Territorial Lands Act will not become law until autumn, the spokesman said. As an interim measure, oil companies operating in the North have agreed to allow close federal supervision of their operations and to suspend them whenever federal inspectors Ihink it is necessary1. A team comprising representatives of the northern development department, the Canadian Wildlife Service and Imperial was to visit the Richardson Island sites Thursday to consider what steps could "be taken to minimize future damage. It is possible, a spokesman said, that matting could bo placed on the tundra for tracked vehicles lo operate on. The decision to halt the Imperial operation was necessarily strict, the spokesman said. Otherwise oil companies might become lax in policing Bay Co 17.50 Col Mulua Hud Bay Oil 45.SD Inle Hud Bay Oil Pfd 5S.50 Cmnw Lev Hugh Russell 19.25 Corp Inves Toronto mm Supplied by Richards LAST BI1 a.m. Quotes) a. MINES Norlex Acme .24 Advocate Asb. 213 Akailcho .Wh Pine Point Black Bay .06 Placer Dev Bralorne P.C. Exp. Broulan .25 Quebec 6.72 Weslern Mines 3.15 r 13.53 14.87 WC Res .07 3 55 3 90 Western Explcr .20 t 5.32 Ut'ca .'a es, industrials on Securities of Canada 3 OR SALE n. Quoles) i.m. QuolM) .36 Dofasco 24.75 CAB 13.00 30 Fd of Amer 59.00 Gt Cdn Oil S.10 29.12V2 Gen Molors 79.00 30.25 Gl Lakes Pap 16.00 .92 Gulf Oil Cda 24.75 n .15 Greyhound 1J 75 1.23 Hawker Sid 2.65 .28 Huron, Erie 21.00 15.50 Hiram Walk 36.50 rdon Imperial Oil 26.75 r OB Imperial Tob 19.62ya 2.13 Inl Nickel 31.25 S.BO Inl Pipe 28.1214 Inv Gp A 7.37V2 da 1.B6 Int Utilities 39.00 nes 305 Indust Accept 1B.50 rgreavesl.42 Laurcnlide e.oo .90 Kelly Doug A .12 Loeb 3.90 Bear 5.10 Loblaw A 575 .09Vz Metro Stores J2.00 r Massev Fc-rg 10.75 TRIALS McMillan Bloe 25.00 7.25 Moore Corp 36.00 20.62V3 Mosons A 18.00 e 13.12Vi Molsons B 18.00 8.00 Norlh Ccnr 15.37V2 7.25 Power Corp 5.00 45.75 Price Co 7.62W 1 B. Rolhmans 10.25 St Law Corp 19.00 13.50 Shell CDA 36.00 19.50 Simpsons 20.12V2 1950 Simp Seara 26.75 Sleel of Can 25.75 6 Selkirk A 14.25 5.JO Texaco 34.00 e 3.50 Traders Gp A 13.75 36.00 Trans Mln Pp hikec. unchanged 69Vz; May unchanged 71A. Barley: Oct. Vz lower .07V4A; Dec lower 1.05KB; May lower Rye: Oct. lower 94V4A; Dec. Vz lower 93ViA; May tower SiVi-High! Low Close .Flax Oct 238% 235% 238 Nov 235K Dec 2343i 23214 234% May 242 244U Rapeseed Vancouver Sep 3061s 293V4 305 Nov egg prices for week EDMONTON (CP) Week-Iv egg and poultry report: EGGS To producers: A large 5; A medium 29; A small 17; B 10; C 6; cracks 6. To retailers: A large 45 to 47; A medium 40 to 42; A small 28 to 29; B 2G to 27; C 20 to 21; cracks 20 to 21. To consumers (in cartons) A arge 49 to 53; A medium 44 to 48; A small 34 to 36. 5.25 Rsdlore Canada Tung. 2.CQ- Rio Alqom Cdsslar 21 Stierrllt Gc Central Pat. 2.10 Silver AATlIe Chimo 1.75 Sleep Rock Conwesf 9.00 "lek Corp. Cons. Rambler 1.75 Texmont Coin Lake .13 Upper Cans Cochenour .33 Western M Cralgmont B OS Wright Ha Drckenson Mines 1.15 Willroy Denison Mines 2-1.75 Windfall Deer Horn .05 Yellowknlfe D'Eldona .52 Zcnmac Dome Mines 73.00 iwnut; Donalda .09 INDUS Discovery Mines 1.15 Abilibl East Malartic 1.02 Alcan Easl Sullivan 2.90 Algcma Sle Falconbrldge 9200 Alco Ind Frobex .22Vi Allan Sugar First Marllimes 1.05 Bell Tel Giant Y K 9.10 Brascan Bovis 1.90 B.C. Ttl Granduc 5.10 Burns Heedway R.L. H.OO B.C. Forest Holllnger 39.50 B.C. Sugar iron Bay 3.0S CAE Ind so 1 -IS Cdn Brew Jailer Quebec .25 Cehmcell Kerr Addison 8.50 Col Ccllulos Key Anacon .L'4 Cal war end iu sight says Strom EDMONTON Harry Strom today said he is optimistic a decision taken by provincial premiers at their current meeting in Victoria will end the so called chicken and egg war. Mr. Strom said the premiers agreed to establish voluntary quotas on poultry products with the aim of ending the marketing war Biat has existed since 1969. He said voluntary quolas would replace Ihe formal inler-provincial marketing restrictions i m p o s ed during the By Gene still weak PARIS (Rtuter) Foreign exchange dealings remained at a standstill here today, with the United Sates dollar still at its weakest permitted level, in the wake of France's controversial anti-speculation measures this week. The dollar opened on the floor again at 5.5125-5135 against the French franc, although dealers said there was no market to speak of. was reduced to a trickle here as a result of the French central bank's order lo commercial banks to refuse to buy speculative dollars and other "hot" money entering France in tapes of a franc revaluation. The central bank move was the latest of several measures taken to halt such producers: Live No. 1 chicken Broilers, 22. Fowl Under 4, 5. Turkey Under 12, 25K; 12 to IB, over 18, 24. Live No. 2 chicken Broilers THE CORDLESS SOLDERING IRON HAS ARRIVED. THE DIFFICULT PROBLEMS OF HISH CURRENT REQUIREMENT AMD SHORT BATTERY LIFE HAVE BEEN SOLVED AND WHEN FULLY CHARGED ON ITS OWN IT SlVES MANY HOURS OF PORTABLE Shore 305 C W.tJ. Gas Union Gas Lanqis Silver 10 Cdn Indust 1300 Union ON 43.00 Msdscn R.L. .Bfi Canda S S 32. oo Versallle Mfg 4.oo Malartic G F 67 Cdn Marcon 2.95 Wcsleel 12.09 Martin McNeeiy 8.00 Cdn Vickers 1000 Union Car Maclnlyre 91 00 Chrysler 26.00 Weslons B Mpta 12 CPR 62.50 Woodward'! A 23.75 Mldrlm .21 Cominco 23.12V: West Cdn Sd 4.50 Intern Mogul 1000 Cons Bath 8.75 Zenith Elec 1.75 New West Homes Cons Gas 20.75 BANKS New Alhona 15 Disl Sea 56.25 Can Imperial New Calumet .21 "A Dom Bridge 24.62'A Monlreal 16.12'A New Imperial .81 Domla." 13.35 Nova Scolia 26.75 Noranda Dom Text e 17.50 Royal 26.75 Norlhgale 9.00 Dom Stores 13.00 Tor-Dom 25.37'A Neiv York stocks Supplied by Richardson Securities of Canada NEW YOR K.. GA Montgomery Ward 33.37la 20 Golds 190.U off 4.62 Amr T and T 43 Sears 86 35 10 Base Met 90.92 oft .05 Anaconda 17.B7W Sid Oil of N.J. 7375 15 W Oils 225.50 up 115 Beth Sleel 22.00 Texas Gulf 1i5.97Vi Volume Chrysler 25.50 Texas Co 31.25 AUCDArFC Comsal fiOIJW Wicks Corporation 3975 NEW YORK AVERAGES Duonnl 1JD.CO Woolworlh 4J.OO 30 Indust 850.39 up .94 GM 75.75 Westinqhouse Elcc 52.25 20 Rails 205.85 up .40 Gulf U.S Sleel 28.12'.: 15 Utilities 112.79 up .06 Int Harvester 2.i.37Va TORONTO AVERAGES 65 Stocks 2S5.55 up .36 Kenn Copper ol.aTVa 20 Indusl 174.32 up .22 Volume Under 12, 12 o 18, over 18, earnings up VANCOUVER (CP) Laurentide Financial Corp. Ltd. re-wrts consolidated net earnings of an increase of 36 per cent, for the first half of 971. The Vancouver based financial firm said in an interim to shareholders that consumer demand showed a moderate increase in the first half, contributing to hiPher value MONTREAL (CP) U.S. dollar in terms of Canadian funds was up 5-32 to 27-32 Pound sterling was up to 5-16. NEW YORK (CP) Canadian dollar down 9-64 at 98 3-1S in terms of U.S. funds. Pound sterling up 1-32 at foa usfw torn 'is sec. BUTTON is fffessee rol funh.r InFemallnn llnri .Inmp.J. Canada W.dr. ItS St. Slr.ll W., Monlnal 116. 287VJ 278K 286 Mar 281 279 280% Rapeseed Thunder Bay Oct 278 283 Dec 273% 273 May Oats Oct 68Vt THINGS TO MAKE THINGS EASIERI call WARDS at strikes it Directors declared a quarter-y dividend of five cents per common share payable Sept. 0 1971 to shareholders of record Sept. 10, FRAME STYLES FROM (Reuler) A family in this French city struck it rich Thursday when they were told that three dust-laden in their suburban home are masterpieces by Rembrandt, Velasquez and Watteau. A Marseille art expert said he discovered the masterpieces while restoring and cleaning them for the family, which wished to remain anonymous. The Hcmbrandt and the Velasquez, are self-portraits of the artists in their 20s and the Watteau is a miniature of a woman and child accompanied by musician. Three other experts in Zurich and Amsterdam have confirmed his analysis, the Marseille expert, A. R. Thiir, told reporters. He said the paintings are Torth more than futures WINNIPEG (CP) Live hecf futures Thursday: Open High Low Close Scp 32.30 32.60 32.30 32.COB Nov 31.75A Jan 69V4 May 71 70V4 71 Barlcv Oct 108 107% Dec 105% May IOfi'4 1057i lOG'.i Rye Oct 94 96% Dec 96 93 K 95% May 100% Immediately SALES REPRESENTATIVE TO REPRESENT THE QUALITY BUILT CARS AND TRUCKS FROM CHRYSLERI Top compony benefits, including car. Sales experience an asset but not essential Apply FLEMING MOTORS LTD. Cor 1st Ave. and 7th Sf. S. Phono swells government coffers EDMONTON (CP) The of Canada treasury bills auctioned Thursday: S170 million at an average price and yield of 99.043 and 3.88 per cent, week, same amount and erm, 99.090 and 3.60 per cent. 182-day: million at 97.996 and 4.10 per cenf. Last week, ame amount and term, 98.064 and 3.96 per LOCAL BRANCH OFFICE OF A WELL ESTABLISHED LIFE INSURANCE COMPANY requires a UNIT MANAGER in the Cranbrook, B.C. Area Applicant should have at least 2 years field experience or more All replies confidential Write Box 113, prices EDMONTON (CP) Average prices to 11 a.m. provided by the Alberta Hog Producers Marketing Board: Edmonton: 21.34. Average Thursday 21.49. Red Deer: 21.50. Average Thursday 21.72. Calgary: 21.50. Average Thursday 21.34. Lethbridge: No market. Av-rage Thursday 21.51. Lloydminster: No market. Average Thursday 21.31. Total hogs sold Thursday ,811. Average 21.49. Sows average government coffers were swelled by almost one million dollars yesterday in a sale of petroleum and natural gas permits. The largest sale in the total of was to Seaton-Jordan Associates Ltd who paid S105.760 for acres in the Ncwbrook area 30 miles southeast of Athabasca. Hudson's Bay Oil and Gas Co. Lid. paid for acres in the St. Paul area fin miles northeast of Interested individuals and groups are invited to submit ttielc opinions and views on the TRADITION AND TRANSITION report to the Hon. H. A. Ruste, Minister of Agriculture, by September 1, 1971. This consultant's report on agricultural extension was tabled at the last session of the Alberta Legislature. The Government invited submissions to assist in the determination of policy related to this area. f Submissions miy be sent 101 The Minister of Agriculture Room 407 Legislative Building AibcrU Department of Agriculture H. A. Kuilr, Minister Dr. C. R. Pumrll, Deputy cuts IN THE ADVERTISEMENT ON PAGE 10 OF THURSDAY, AUG. 5th EDITION for WOOLCO DEPARTMENT STORE Store Hours Should Have Read Monday and Tueiday 9 a.m. lo o p.m.; Wednesday 9 a.m. to 1 p.m.; Thursday and Friday 9 a.m. to 9 p.m.; and Saturday 9 a.m. to 6 Taiwan (Reuter) Nationalist China announced today suspension of diplomatic relations with Turkey shortly after Ankara said it had recognized Communist airport coiilracl lei OTTAWA (CP) A contract has been awarded to Poole Enginecrinu Co Ltd. of Edmonton for runway construction at Calgnry International Airport, the transport department said Thursday. The work, to complelod by cnrly fall, involves rebuilding and strengthening the norlh-south mmvny Mid tnxhvays and building a new cast futures WINNIPEG (CP) Maritime potato futures Thursday: Open High Low Close Nov 2.25A lar 2.65A Apr 2.70A lay SERVICE OTTAWA (CP) The federal government is sponsoring an experimental dial-a-bus project in Regina, the transport department announced Male or Female Qualified Florist For new ihop In Holiday Inn REPLIES CONFIDENTAL Box 109 l.lhbrldj.