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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - August 9, 1972, Lethbridge, Alberta 22 THE LE1HBRIDGE HERAID August 9, 1971 Market prices continue TORONTO (CIO The To- ronto slock market entered its ciglitli consecutive winning ses- sion, poslinB strong gains in ac- tive mid-morning trading lo- day. The industrial index was up .60 lo 212.70. base metals .37 to M.OT and western oils .70 lo Colds were off 1.16 lo 213.111. Volume by It a.m. was 17.- 000, down from at the same lime Tuesday. Advances held a wide margin over declines, 150 to 90, with 205 isuos unchanged, Danking, leverage, merchan- dising, utility, food processing, paper and forest and real es- tate issues recorded moderate gains communication, pipeline, steel, trust and loan and chemical stocks drifted fractionally lower. Slater, Walker Canada was up 'i to Shell Canada 'j to S50, Home Oil A to S35'.i, MacMillan Blodcl to and Falconbridge Copper to Siehens gained to SIHa, Sherritl 's to Pan Ocean to SHTi. lo Slfi'i, Bank of Nova Scotia i-i to and Mclntyre 1 la Canadian Utilities fell to SH'.'i, Scottisti and York Hold- ings to SIS'.i, Tara Vi to Canadian Superior Oil to 551 and Pamonr 10 cents to PRICES Ul' MONTREAL (CP) Prices were higher in moderate morn- ing trading on the Montreal stock market today. On index, industrials rose 2.09 to 230.23, Utilities 1.10 to banks 3.01 to 2.34.00 nnd the composite 2.00 to 222.GO while papers dipped .04 to 08.57. Combined volume of the Mon- Miscellaneous Vancouver, Calgary, Montreal (Supplied by Iloherl.v. McCunig LAST HID Oil SALE JIGS) a.m. Uudesi livestock a-m. Ouoic WESTERN OILS AIM East Gal Ai a.11 era IS Aihlami OP Oil Gas 5 Can SouHi Gfl a.m. CJi Grpcd Inc Sli Grv.Ui Irwes G CMn Itoi ,M Gas Oil 10.5- Inti-r Prciv IV, OF ftUn Pacific PC Rainier Sand we 11 Tcledyne Ciln 1.36 EO R ?2 III Fd 12 75 U.V3 SSI 6.-I9 m I'll 5.1? 5.9? White stock ex- changes to U a.m. wus 778.MO shares, compared with the same Unit- Tuesday. Placer Development rose to 1 In Shell Canada to Genstar "-i to and Simpsons Scars tO Canadian Javelin dropped :i to on '27.107 shares, Cement Lafm'Kc I to Inter- national Utilities to Croat Life Assurance to and Border Chemicals "s tO SLOW TKADK NKW YOHK (AIM Slock prices were mixed in slow trad- ing today, though airline issues spurted upwards. The noon Dow Jones average of 30 industrial stocks was off .18 to But advances led declines 618 to 561 on the NYSK. Among Canadians. tJcnslar was up to McTntyre to Canadian Pacific ri lo and Inco Is to Dome Mines lost to i and Granby Mining !a to On the American Stock Ex- change, Canadian Marconi was down 13 cents to and Scurry-Rainbow !6 to Yukon "CALGARY i: LI i NW Grum Princ Grwlh Roy fund Templn Grwt UUI Accum i Unlver Svys VaiifliMrd viij 5.53 7.4V Uni-; 51 Plpn L1NE STOCKS 13 AINi .SO Alia Gas Pro! Alfa Nal Gas Inland Na1 Ga' ar. j N nnd C Gas fit) N ari'J C f! Pld 19.75 IS.75 11.3 7 CliurchllL Copr Croydcn Diivcnpait fiankce Dolly Vrdn ;rlal Tr, 'cst Pete MISCELLANEOUS INDUSTRIES Metro Gai Metro A Trans Cda Pipe Trarvi Cd.i B Trans CJa A Trnn> Cda Wer 70.00 iO.35 B5.M 9.35 fAUTUAL FUNDS Sid PC in Silver Tcxmcnl Valley Copper i VANCOUVER INDUSTRIAL Bay Oil Pfd 5550 :-97 mock All CON Coin 840 9.JO UC Surjfir All CRN Div 9.-18 1034 I1C Sugar Pfd All CDN Ven 4.31 -Ul Cfipl Inter Amer Gwth Fd 7.3S CoL Brew AGF SfMC Tor Ir.d COM Irwc-S Td i.27 5.78 Hys Cell Wlul 7-C6 7.75 Key Indus Com'.vlln Inter 1JW 16.40 r-ac West Air Comv.'llh Lev J..1S Stmpcde Inl'l Rai Coniwllh Vcn E.01 8 SO OILS Corn loves 621 4 E2 Albany Oil Corp Inv 51 Fd 530 5.EO Plains Dreyfus Fd US 13.10 I 1.59 West Cxplur CALGARY (CE'> lU'Ct'ipls o 11 a.m. ttxlay on tlio ivc.Uock mtirkot were 'iitl, mostly steers ul lirifcrs. Trade was active. Slaughter steers -snkl hilly slojuly to strong. Jloifors ivcrc >nrely steady with the; majority of I ho in kicking quiilLly. Oi'er fimsliuiE .steers and .ufers ctmlimK'tl lo bo sharply discounted. Cows nnd bulls solcl steady. Oliniec steers to :Kxl :51! It) 33, medium to [.50. Choice heifers :tf) ID litKfiO, 21J to :iO, inodLuni 211 to 29. Cood cow.s lo 2.U.70, medi- um 23.51) to 2j.2li, caLiners and cultcr.s 19 to Good bulls lo Kcplacomcnt cuttle were in short supply, being mo.slly in (lio heavier and sellinj; steady. No stock calves were offered. Good feeder steers 750 pounds up 33.60 lo .stock and feeder cows U3 lo 2fi. Hogs jiveratie price 31.10. Lambs sold steady Tues- day. Good Jambs 25. 3.3D 4.CO 3.30 prices Toronto miiie.s, industrials (Supplied By Richardson Securities ol Canada) LAST RID OR SALE 'Apartment vacancy rate drops OTTAWA fCP) The coun- try's apartment vacancy rate declined to 4.3 per 100 in June this year from 4.8 in June last year, Central Mortgage and Housing Corp, reported here, The federal housing agency surveys the number of apart- ment vacancies by the sam- pling process in 22 metropolitan areas, covering structures con- taining six or more apartment units. The June rate thJs year was higher than the 3.7 vacancies per 100 apartments recorded in a December survey, but CMHC said December vacancies al- ways tend to be low because of Hijackers want money returned ALGIERS (Rcuter) Five black American hijackers asked Tuesday that President Houail Boumedience give them back the 51-million ransom they brought to Algeria last week-- whether they arc allowed to stay here or not. "We request that if the nlgc- rian government will not give us back our million and al- low us to remain in Algeria, then give us back our SI million and we will go somewhere they the president in a letter, H was signed by Mch'in McNair, his wife, .lean, Larry and Joyce Burgess, George Brown "and three small children of MeNair am Burgess who came here with their parents on a Delta Air- lines DC-3 hijacked over Flor- ila July 31. The hijackers said that by al- lowing the plane to land in Al- geria at the request nf the U.S. government, "the Algerian gov- ernment is not obligated lo go one step further and play the part of policeman for the United States government.'' Washington has asked Al- geria to return the ransom, Qu-nieil MIMES 1.02 00 7. S3 Hio ftlgom Roman Ccrp Sherritf U.SO Silver filler OS Steep Rtxrk 1.V6 Teh Ccrp. 5.JS Texmonf ,M Upper Canada 3.61 Mine? 375 V.'riqhl 1.25 V.'ir.'Ji.ill .10 2.70 54.50 R.L. er Bay AVS Hydr. Iron Bay Key Anatcrt Labrador Lake Shore Ltngis Silver R.L. tj.f. 3.5Q 5.50 40. SO 20 .IS INDUSTRIALS Abllibi Afqoma Sleel Afco Ind Allanlfc Sugnr Agra Ir.d Dc-ll Td Brazil Trac B.C. Tel Ourns B.C. Foreil Sugar Bow Val Ind CAE Ind Ccfn DQ1ESCO Cable Grl Cdn OH Gen Grt Lakes fp Guil Oil Cda Grcyhwnd Sid Hur f. Trir Hiram V.MIkrr Imp Oil Ininsc.i Int Nickel Inf Pipe Inv Grp A I.- Ul I Ind Atccp! Laurenlide DDUIJ A Loct) Lob taw A QuoHi) 27.12 Aussies ban movie about CANBEKHA (AIJ) The United States film Skyjacked has been bnmicxl from ALLS- ralia Castoins Minister Uotiald He rtiprcsentatiojis had ien maifc lo Ihe government by major Austral- ia n airlines untl the Australian Federation of Air Pilots asking for Skyjacked to be restricted or prohibited. Tho experience (jf nirlines and civil aviation authorities had .stiov.r. tlic cm- ployed in films almul hijacking reproduced in real life a short time later, Clnpp said. KDMONTON (CP) Aver- t-e prices lo tl u.m. provided jy Uie Alberta HOE; Producers Marketing JloanL Kdmonton: 3't.lli, average Red Deer: average Calvary: average Tuesday, :j'J.50. Lcthbridgc: N i 1, average Tuesday, 34.34. Lloyciininstcr: Kil, aver Tuesday, (Jrrtnde Prairie: Nil, average Tuesday Kairview: Nil, average Tiles day Tort Maclcotl: Nil, average Tuesday, Tut a I 1 ID K s sold 777. Tola sold Tuesday over .ige 34.37. in Grasshoppers controlled by wcl weatlner Personal incomes show increase EDMONTON (CP) wet weather helped to keep ;o :o 14.75 3-J.Cfl 17 75 11.75 McMillan 3lcfl the news and Cen r Corp i Che Cot Calqary f 1. SO II.121 Rolhmar.s SI. Law Corp 15.10 ihell CDA 11.50 Slmpscn'5 3l.37Vi Simp Scnrs 35.SO Sfeel of Cda 7 Selkirk A Texaco Tradrrs Grp A l.TO Pp 55 Tram Cda Pp Union Gos Oil 10.75 Unicn Car Ttf.m'i Weslcn's- 5 Woodward's A 33.00 V.'esf Cdn Clec 5 iO DnmJar Dom Te Dorn Slt 31. W Nova Scc-lia Royal Tor-Dom seasonal factors. The lowest rate in June was recorded in Saint John, N.B., where it was four in and the highest rale was 5.1 per 100 in Calgary. Other low rates were recorded in St. John's, Kfld., Windsor and Thunder Bay, Ont., and high rates of seven or more per 100 were reported in Quebec City, London, Ont., Ed- montor and Saskatoon. York stocks (Supplkd By Iliehanlson SecnrlHcs ol Canada) T -il.iJ'.j Bid Oil cf NJ afc-rs ?ft.W 22.75 r.crv 'Ward 14 SO 1M.1JV? US Steel Tel E 30 Golds an. 52 cff "i M 10 Base up 15 Oils 2M.21 Up YORK AVERAGES l-l.OO 30- Ir-dusf 95024 off 5.IB IB.SO 10 Rail? M7.M Up 3.Yt IS lOfi.85 off .53 3JJS 50 TORONTO AVERAGES 70 Induilrlsls ?l ,53 Volume up .73 Ti W TEHPERA'fURE SENS- NG PROBES, NOW AVAIL- i3LE, HELP INC-OOR OR CUT- DOOR CrKFS COOK PERFtCT PJSUEC "IN70THES7EAKLIKEA LARGE THUMBTACK, THE FRO9E FLIPS OPEN ITS TOP '.'HEN COOK'iNOTiME ISUP. which has been in the hands of the authorities since the plane arrived, and the hijackers, who have been charged with air piracy in the U.S. Ford Motor Co. lo recall ;72 slalion wagons COME DETROIT fAP) Ford Mo- tor Co. announced Tjeaiay it is recalling its entire imxluclion of fuil-si7.e Foul sta- tion '.vagon-s for ir.spfictinn anr3 possible rnwHMc.'itior of slots in the vohir-k-s Thu v.ill takr- in oars, inc-liidinf- in and 3fil shipp'-fl Ford said that in approxi- mately '.'ft per Ctrl of Ihe tjiuripcr support is partially Working thf. slot ouKh which the is sup- to he inserted. The prob- lem make jacking impos- sible or liift crim- pany E.iid. Dealers v.ill inspect I he tmrs arxl if they find MockaKC, the jack ir.sfrtinn hole v.ill be borefl out. A Ford srokrviirjan 'Jif- flefefji during a routine prriductirm au- dit. He sairl the enrnpany has received no ru.slormr corn- plaints about the problem. NW INVESTMENTS LTD. e GROWTH FUND NW FINANCIAL FUND NW EOUITY FUND For a eonfidenlial cull or wri1t DftV Bfltaman, 1514 12 Ava. N. lelhbridflo Ph. 327-5137 BHAKEL, ficnnany fAF') A invalid named Adam has a .se- vere v.ivcs, a da ugh tor from his first marriage and his in-lav-.s from the second, all in the same house since the week- end. finth marriages were legal. Jxriter's current condition is the result nf post-war con- fusion Ihe divi- siriii of flc'rm.'jny. Imrncdiulely alter the war, Leiler was separaterl from Jiir-: and rlaugliler.s in f'j'U.ssia, I.e to West frCi'inrtny, his wife rfie ar- at thf: Urakcl trnin sin- lion Sunday with daughter, Dollar value MONTHKAt, (CP) U.S. cloHnr in terms of Caruidunj fiirifl.s up 1-32 nl SO.ftft n-JR. l.vlC, NKV7 YORK Cana- dian dollar down 1-CI at in terms of U.S. fimils. Pound sterling up S-01 at son-in -la w, three a n c 1 sons, household Ixilotigings anrJ a Soviet automobile. The son-in-law and the grandsons, ranging in a go from 15 to 21, stayed tempo rarily friends. liter's other da u ghlc r, who Ls married and has (wo children, remains in the So- viet Union. PHILADELPHIA fReuter) An erne Lit in a Philadelphia paper read: to become pregnant." It was no jnke. A childless couple is offering to a woman who is willing to get together with the husband an [1 prod u ce an heir. The rid went on; "Must he under 20, Caucasian, in- telligent and interesting. (XK) fee plus expenses plus educational scholarship and fringe benefits." A woman reporlcr an- swered the advertisement and met a ;nim who said he represented the couple who could not have a child for medical reasons. The husband would sire the child. "Why don't they adopt a asked the reporter. "Welt, they want it of their own flesh and hi the representative replied. PHILADELPHIA, Pa. fAP) The Procrastinators' Club of America has blown it again. had .skis, instruc- tors, ski lifts nnd everything else arranged for their first annual party at Spring Mountain, Pa. Unfortunately, they delayed until G when there was nn Know, the event falls short nf expectations, it won't he our first said the club, which vows (o he late at ev- erything. grasshoppers under control this summer in Alberta, ays J. P. Guvba, head of the agriculture department's crop protection and control brunch. Mr. Gurba said the depart- ment, was ready for a major outbreak, but there have not any serious problems. How- ever, dry weather in August could present difficulties. There fiad been some aerial chemical spraying, primarily around Fort Macleod, Clares- holm and Vulcan. Mr, (iLirba saiit this is Uie "crucial week" for Bertha army worm outbreaks. T h e f heaviest i nf e.'i Uit ion had I icon I reported in the Provost, Wain wriyht and Vermilion areas ant: farmers had askcti rot to fit art .spraying until had hatched. By JAMKS NFXSON j O'lTAWA (CP) All forms of personal incomes are run- Ung lo n grand totnl of more :lmn billion (his year, an In- of 2G.3 per cent over the level of tlireo years ngo. But with inflation, taxes and government demands for con- tributions to social Insurance and pension funds, Iho average person will have only more to spend or save this year than he had in Statistics Cnnndn figures on national income and ex- penditure .show that personal incomes totalled billion in 10GD, But federal and provincial income (axes took billion of thai. Social insurance and govern ment pension funds took an- other billion. Other demanded by governments took another billion. All that was left to or save was billion for 21 million Canadians. What the economists call per capita! per sonal disposable he average Individual ha? Statistics Canada rcportet lliis that gross per.sona ncomes in the first thrci month.1; of Ihe year ran at ai annual rale of billionj 26.3 per ccjU. But income tax liabililic were up 41.9 per cent, at an an nual rate of billion. Socia insurance and. pcasion fun contributions were up 17.4 pc cent at billion. Other en forced payments took anolhe billion. That left disposable income totalling billion. ISN'T TOO MUCK But since 1969 the consume ily increase of three years, or a year. These figures national nv- for every man, woman, lild and bnlic, coun- ng them all as though Nicy acl an equal shave in earning lonoy nnd taxes. For'a family of four, the ftv- .-afje nfler-liix Income this car, .stripped of I he inflation of le past throe years, is more than in 19H9. H cpresenLs a real gain of a car per family. TV request lurned down YORK (AD CHS iml NBC hnvo turned down a Republican request for Iree aril radio time lo rc- >ly to Democratic presidential candiate Georfjc McGovern's speech announcing that Sargent Shriver was liis ehoicc for running-mate. Senator Ilohcrt .1. Dole, the Republican national chairman, asked for time to rebut at be said a "campaign speecli" by McClovcrn after the announcement Saturday night. The networks said Monday in telegrams to Dole that they onsidered Saturday's broau cast was on-the-spot coverage of a Inrna "dc news event anc as such was exempt from the equa! time provisions of the Federal Communications Act. ABC said it had Dole's re- ciucst under consideralion, price index has gone np almo 10.1 per cent, cutting inlu M spending power of after-tax comes. The billion that is left to people to spend or save this year is Hie equivalent of billion in terms of the 1069 dollar. And the population has grown eggs i by atout :t.5 per cent since so that the "real" or minflatcd spending power of 50.8 billion now is spread tnong 21.8 million Canadians. So the per-capital personal in- come this year after taxes, so- cial Insurance and Inflation is Grain prices Winnipeg Grain WINNIPEG Oilseeds onlinncd under selling prcs- ure. to mid-session on the Win- ipcg CiTtin lotlay, ailing off more than four cents n some futures. Flax was olf three cents vhiEe rapeseed in Vancou- and Thunder Bay positions more than four cents low- cr Itie deferred futures. Oats and barley prices wore 'irni in a moderate domestic shipper trade while rye trading was active, with prices fraction- ally lower. Volume of trade Tuesday con- sisted of bushels of flax, bushels of Vancouver of Tliunder Bay rajieseed and of rye. Mid-session prices: Flax: Oct. lower Nov. "ti lower Dec. 2 2.'j2A, May 1 lower Uapcsccd Vancouver: Sept. lower 2.5-HzA, Nov. 4 lower Jan. lower March lowei' Hapcsccd Tlumder May: Ocl. ZVi lower Nov. Hi low- er 2.45A, Dec. lower Awarded medal HONG KONG (Ilculcr) A Canadian police officer serving with the Hong Kong police iorce has been awarded the Co- lonial Police Medal for gal- lantry. The awcrd was given by the Queen to Inspector R. J. I' Burton, 27, of Vancouver, for his courage in rescuing five persons trapped In a burning car here last April. May 4 lower Oals: Oct. unchanged Dec. higher ,75A, May un- II a r I ey: Oct. unchanged .1013, Ucc. hif-her ,Iay unchanged Hyc: Oct. lower 1.091'H, Dec. l.OTv'iA, May sr 1.I2A. Grain quotes Tuesday (basis Jlijjh I.ow Closo Flax Oct M-IVi L May 300? B Vancouver Icpt 259 2U5VI Nov Jan 200 Mar 259 Beef fulures WINNIPEG beef futures close Tuesday. Sept. 34.10B; .Jan. 34.75N; March 33JOH 25IH4 25G Itapeseed Thunder Uay 248 "A 243 2SHi Oct Nov Doc May Oals Oct MVi Dec 7r> May 77 Jlarlcv Oct Dec May liye Oct Dec May 119'. llfl'.i 24fi 7-1 7-1 77 105 1111.! 247 'i 2.13 251 Vi 74 li 74 Ti 7714 110 119 '.d 110 112'i Quebec crime probe needed QUDIiKC fCPj Prernior 1'ohert Uonr.JS'jii said .Mondjjy thi; Qiidxx: justice depart- ment's planned investigation into organized crime is noccs- Kary dr.spilo laims by Mnn- trcal Mayor Jean Drvipcaii flint il will Ijo iisdo.-s. Mr, liourassrt lold trrrs Mr. Drapcau asked him the ordr.-j-wl hy Justice Minister .Jerome ChoqiicUo, "It's Iruc thnt Mr. rnarlf; lo me- tint inamlnin that Hie inrjuiry is In Iho iisil'l f'f fafts suhmittct] In llio justice (Jr.-part- mont, tlu: Ji.'is coinrs to the conclusion that thir, inquiry will htam! in Ihr: of The Montreal mayor said Sunday Ihn invfv.tRation will millioas find lenrl no- SAXTA MONfCA, Calif. i Al'i..... relied to Hit scene of u bnlky apartment house tor liealer, repairmnn lirian struck it. ring up a malcli to him were rounded I horn adull and .six bnby rat- The- II-A ;it. Ibf iMi hfinnliu; n f liclk'i' r pick thc-m a lalk jibouf ,r) rily ordi- spokesman ,ioi> cauH-ra if -ciirily [-'nard.s sUtlen'. (lunrds Ih'.y ibo Ifil .screen go ;.nk and it was n A inan, dli'd Irj fix (lie inifi v.ires f-nt ami the cam- Claiming that Montreal has boon closed to organized crime I sinco hin took IN AM, OCKANS In form or thr. fr.ur.d in MIR trnpi ixjvver in Mr. JJrapeau j and siihtropirnl parts of .ill tlio, sairl the Inquiry will ".'icrve occnns; rui'i el tlio I.tcditen a- only to tarnish ne.nn Sea. DOLLAR DAYS" AT KING CHRYSLER DODGE 3rd AVE. 11 ST. S., LETHflRIDGE 323-9271 1966 METEOR R1DEAU 4-D.R cyl., R. RoH. NOW..... 1970 POLARA V'8, R. Reg. 1970 CORONET 4-DR. 6 <-il, R. 1972 AUSTIN Sid. Iff: Rccj. NOW -12- 1972 TRUCKS ON DISPLAY 1968 METEOR RIDEAU 2-DR. H.T. A'T, Reg. NOW ____ 1967 METEOR RIDEAU 2-DR. H.T. V'8, A.'l, R. (loH. 4Q77 NOW i 1971 METEOR RIDEAU 4-DOOR P. NOW 1965 IHC TANDEM Icleol farm IrucV. RcB. NOW 1972 IHC Mi TON R. IOW MILEAGE Was NOW 1968 CHRYSLER 300 2 DR. H.T. Reg. NOW 1970 POLARA -1-DR. Rofl. NOW 1971 BUICK CENTURIAN 2-DR. H.T. Fully lotirfoH. Rcfl. NOW 1968 DODGE RCEJ. NOW ____ D100 -48- 1972 CARS ON DISPLAY Dependable USED CARS OPEN EVENINGS TILL 9 CHRYSLER CREDIT FINANCING TRADES ACCEPTED G.W. WARRANTY Dependable USED CARS ;