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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - August 10, 1974, Lethbridge, Alberta LETHBRIDGE August Nixon announcement ends market rally The Herald- Business DERME MACHINE SHOP A COMPLETE AUTOMOTIVE GENERAL MACHINE SHOP SERVICE 327-O821 23! 12c STREET NORTH Bv N The Canadian 1'nss M IJHI t 111 Itll 1M st k I llkl 's Hist dm int. Hit holid iv in (i uhiiL! I) mm slit i nil intt i n H ion 11 pniblims suth is nsint. mil mm mil llltlllst ll'ls took sldlllll to 1'usuluit Hithaid imiouiui mi nt ot le siyn aion I hi in nil in in 1 i lean in u kits nist si i n in tin week mud ul in in in I hi pi tin pit siili nt uisti id i long ill mn nut impt ii tiniuil tml whic h would It st in ilrt ill UI.MI Ill II kt t mi i stviielv ivus 111 llllktl innilltioll hi >t K ks tis [MM d sttonfjv lohopis iii i ri ion in tht t p nt il lln wick 1 ollimiiiL, tin imiountt mini lliuisliv I Mr impi n Inv spi 11 n the in iikt t t nili el i t il iv i ill imi IHOM d i bn nisi j s IH i portui ptolit t ikiiu on U HU mis mil uni i n turn >M i ilii I t I id mimst! ill in Ihi I) >u Joms ivt i ui n in lysti i iN el sttl ri I iv it iO up _! "2 points REGULAR CATTLE SALE No Sale Monday Aug. 12th Next Sale Aug. 12th REMEMBER HOG SALES EVERY WEDNESDAY We will be assembling Market Hogs for the Marketing Board and sell Weaner and Feeder Hogs at NO HOGS WILL BE SOLD MONDAYS NOTICE Vee Lowry Household Furniture Sale Sat, Aug 24, 2 00 p n REGULAR CATTLE SALES WILL CONTINUE EVERY MOiNDAY Don i he content lo dcceot one of'er a home cons gn your I stoCK to us where you ire guaranteed to have the Auction R ic, t il! of Buyers to Did on jr product PRAIRIE LIVESTOCK LTD. PHONE 223-3921, OR NIGHT Auctioneer JOHNNY CHARLTON Lie 293 Sales Manager GARY JENSEN MR. MRS. LEO PFEFFERLE AUCTION SALE 4 miles south, 4 miles east and mile south of Claresholm, Alberta, or 5 miles straight north of Granum Micro Wave Tower. TERMS CASH LUNCH SERVED SAT., AUG. 17 1 P.M. Having been favoured with instructions from Mr Mrs Pfefferle, Who have sold the farm, we will offer for sale the following antiques, farm machinery and miscellaneous items Truck Tractor ana Miscellaneous Items will be sold at 1 p m so please come early1 TRUCK, TRACTOR EQUIPMENT 1953 IHC L160 with only 26786 original miles, with gram box and hoist A1 condition Ford 8N tractor, new rear tires and in good condition 7' Dearborn 3 pt hitch cultivator, 6'3' pt hitch V blade, Honda 90 motorcycle, 500 gal propane tank, galvanized windmill lower with wooden vanes, Jacuzzi deep well pressure system with large tank, pump completely recond- itioned Kirk s coal stoker in good condition, approx 24, 8' corral poles, fully treated, used 2x6, approx 200 ft 1V plastic pipe, approx 200 ft 1" plastic pipe, 6 rolls telephone wire, 3 rolls snow fence, small quantity used brick, 1 roll barb wire, J P sure flame tank heater, caterpillar greaser, bin wire, brooder, heat lamp pitch forks, scoop shovels, wire stretcher, gas pump, Larnet, Hudson weed sprayer, Swede saw, kerosene weed burner, log chains, 6 volt battery charger, 4 steel hoops for water trough, block and tackle with long rope, hand sprayers, blow torch, hydraulic jack, small quantity hay and straw, 125 gal pressure water tank Household ana M items will be sold immed after Truck Tractor Shop and Misc terns approx 2 30 p m HOUSEHOLD MISCELLANEOUS 27 cu ft upright deep freeze, electric clothes dryer, Crosley 4 burner propane range (glass 2 pro- pane heaters, men's tube skates, size 11, health mini juicer, large Dominion No 22 meat grinder, quantity of good used toys, quantity of books and several pocket books, Indianapolis road race set, cream can, baby car seat, quantity sealers, Singer sewing machine with nice cabinet ANTIQUES Round oak table with four leaves, centre pedestal with lions paw nice condition, large buffet with mirror, real heavy and m good condition, old wooden arm chair, wooden chairs, dresser, book case and writ- ing desk com wire top sealers, crocks with lids, quantity old Whiskey and Beer bottles, metal butter churn with attachment to increase speed 3 times, 1 gal Daisy butter churn, telephone insulators, steel bed complete, ash tray and wooden stand; 5 drawer stand with mirror, corn planter, coal range, 2 ironstone platters, bed with brass knobs; coal pails; 4 wash stands, couch, Winnipeg couch; hand tire pump; high back wooden rocker, 1 gal brown jug, 2 gal brown jug, old steel bed steads, coal oil lamps, some with shades iVOfF The above mentioned items act as a guide only and m no way express warranties actual or implied All Items sold as is where is SALE CONDUCTED BV ROY'S AUCTION SERVICE ol GRANUM Phone 236-2102 ROY FJORDBOTTEN AUCTIONEERS Lie. 010237 DON WALPER Lie. 010259 loionto mdustiul index lose (H [minis to dose Hndas at 185 M) uhili tlu Montreal industrial index t losid at 200 45 up 4 27 points 1 mui bullion piice-. on the huro pt in iiuikt'ts the Toronto gold null to du lint II tell IS) 20 points on tin to close I at 48945 A hill wine h would lilt a 40 vear ban on iv iti fwld dealings bv American citizens has yet to receive presidential approval Ilii IDIonto base metal index gained 14 points to close 1 at 81 b9 while wcNuin oils closed at 17972 up 89 on the ucck I hi Montic il composite index rose ilo-i hiidav at 18986 Volume 271 million shares worth n ilium omipiKd with 9J million sh IK md 27 million last week loionto volumednd value Fndav w is (In lowist since Julv 4 Volume (limit, the lour dav week was 601 milli m M] us worn bb million i mpaiol with 7 8r> million shares and Sh million Chicago markets HU M.O i APi Farm fu- tuies prues plunged sharply on the Build ol liade Fndav I mill diiliiHs were posted toi i oin oats sov beans sov he m in il mil sov oil con- t I tits Widespread rains in US Mid- west mil [iiom 1st of more to lomi ippirintlv was a major inline net in the downtrend Sources sud I he shift of povvcr in Washington had little or no i lite I on tr idmg of agn- i u11u t 11 futures Sov hi in, lorn and oats were d vi n sh 11 p I v throughout the div mil ('iisid the limit lower tin (lose (Imago wheat vv is ihout 1> tents lower Sep Ii in bt i 4 21 Gulf hard red win il Irideel orn the limit M i e nls Inwpr September 354 oils tin limit 6 cents lower Stpiemhir MiK'i sovbeans the linn! Ml tints lower August 7 CM Stocks close loliOMO (CPi The stock mi'kil was lower at the close i I trading today I u limindiv index figures had imliistiials down 71 to 18560 up 9 59 to 489 09 base mi up 21 to 8169 and west un oils down 259 to 17972 I uiil volume was 115 million shuts compared with 143 mil Inn sh 11 es Thursday In industrials Home Oil U lot 2' to Argus 2 to II mi Oil A I'j to Cana i11 in Investment 1 to MI, and Bow Vallev Ji to si" I Mills Carpets gained 2 ladillac. Fairview su and H Steel 4 to (anadiin Hsdrocarbons to mil Phillips Cables '4 to HI was down 'z to 1 11 i to and Placer n il Land was unchanged at In the minis Consolidated Beau muni up 04 at 44 on 776208 stuns ul was down 17 at 5J on 000 sli.i'i s was unchanged at 40 on )00 shares and Barrier Hvil was down 25 at 40 on 113 800 shaits Duclopments was up 04 it M 44 anil liilhurst was down 11 at M 07 In Hit nils Pivetle were up 03 at OK on 16500 shares Cop Ex Mining vva> 02 at 12 on 16500 sluits P milt w isup 02at 48on 13 200 shares mil tluston was up 10 at XI on 12 liVI sharis vnliiini on the curb exchange w is 420 -h uts Brent Explorations it 45 on 119 500shares Santa Sai it i w is up 05 at 53 on 59 500 shaus dan Mines was unchanged at 04 nn ilUlOO shirts and Canorex was down 02 at 17 on 14 shares Spirit 1 is down 04 at 16 and Missiun u is up 0) at X.OKK (AP) The stock matktt drifted lower in slow trull 1114 as Slrcct e i i m 1 watched the translci ot the I S I mm Kiehird to Gerald hoid The Dou Jones average of 10 industiials e losed at 777 30 down 7 )9 Among inadian issues Dome Mines lose to SiS'i Hiram like i to a naelu n P K 11 K 's to Me Inuie tell 1 to Sea grams '_ to s (2 i Inco 'i to M I e'rguson SH to to SiO s Dividends Bv THE CANADIAN PRESS 01101 dividends quarterly un lis ithirwise noted Barber Ellis of Canada Ltd 40 u nls ,m increase of five cents Sept t inord Aug 30 Canada Cement Lafarge Ltd, 15 imK Aug 30 record Aug 12 6Vper iint pld 1 tints Si pt 20 record pld PICTURE BUTTE AUCTION MARKET Ideally located in the centra of large cattle feeding and hog railing country. RANCH CALVES FEEDER AND FAT CATTLE WED., AUGUST 14th 1P.M. 200 to 300 Classes of Cattle and DAIRY CATTLE SALE EVERY SATURDAY at 1 p.m. MARKET HOGS ASSEMBLED MONDAY THRU FRIDAY Government Veterinary Service Trucking Branding Vaccinating Order Buying For Information and Listings Contact JIM or JOE JURIS Picture Butte Auction Butte, Alberta Auction market located 16 miles north of Lethbridge on Highway 25 Phone 732-4400 PICTURE BUTTE Canada Saiiwav ltd 40 1.1 ill Oil I n i md I Distillers Corp Seagrams Ltd Sipt I! IK ord Maclaren Power and Paper Co 1 2r> iuiN plus an extra ot 17 1 1 nix 1 1 ivs I) J) _ i ents plus an ex lia ol 17 (i both pavable Sepl 27 morel Sipt ti MacMillan Bloedel Ltd 50 cents tin imriasi il 11 itnts Sept Ih ictnnl Winnipeg grain quotes I ridav Lakehcadi High Lou Rapeseed Thunder Bav 804'. 800 Dec Mav Rapeseed Vancouver Sept Nov Ian Mar Flax Oft Nov De-( Mav Feed Wheat Oct Doe Mav Barley Get Dec Mav Oats Oet Ike Mav Rve Oel Dee Mav 11% 1070 84M 824' 818 107t) 104b 192 282 275 282 (17 ilO lib 191 272 2bV 2b9' I basis Close 802 799 808 834 827 1 1 Hi HOb 1070 10b2 40! 405 412 (19' 192 191 194 281 '2 275 278 THE STOCKMAN'S MARKET HOGS SELL Tues., at 1 p.m. Dairy Cows Baby Calves Sheep Market Hogs Shipped Daily Live Weight and Dressed Basis YEARLING FEEDER AND FAT CATTLE AND CALVES Thursday -1 p.m. PERLICH BROS. AUCTION MARKET LTD. Located in the Hub of Southern Alberta's Liveatoek Industry 3 miles east of Lethbridge on Highway 3 and south BOX 1057, LETHBRIDGE T1J4A2 Phone Day or Night 329-3101 OUR NEW PHONE NUMBER 329-3101 Company License No. 071405 AUCTIONEERS: JOE PERLICH Lie. 010293 BOB BALOQ Lie. 067454 TONY PERLICH Lie 010292 Gold futures WINNIPEG (CP) Gold futures U S funds Winnipeg Commodity Ex change 400-OUNCE CONTRACTS Oct 74 155 SOB Jan 75 162 40A Apr 75 168 70A Jly 75 175 20A Oct 75 180 70A Thursday s volume 196 contracts 100-OUNCE CONTRACTS Aug 74 153 00 Nov 74 158 00 Feb 75 164 20A May 75 169 30A Aug 75 175 80A Thursday s volume 71 contracts Ottawa OTTAWA (CP) Slaughter catfe and calf receipts were down J 750 this week to 18 150 at nine public stockyards Feeder cattle and calves totalled 8 700 down 1 475 Sheep and lambs were down 900 to 2 475 Trading on A-l and A-2 steers in Toronto was active to strong with prices steady to higher under broad demand A 1 and A 2 heifer prices dropped in early trading under narrow demand D-l and D 2 cow prices were steady to lower under moderate demand Vealer ca'f prices were steady Winnipeg reported good demand and steady prices on A-l and A-2 steers Calgary prices dropped to 25 under moderate trading A 1 and A 2 heifer prices were steady to lower under moderate to dull demand In Winnipeg and Saskatoon prices on A 1 and A-2 cows were steady Calgary prices rose 50 under active trading In Edmonton prices dropped 50 cents under early narrow demand Moderate demand in Toronto brought steadv prices for feeder steers of more than 750 pounds Prices on heifers of more than 550 pounds dropped to under narrow demand while prices on steer calves 401 to 575 pounds rose to Good lambs in Toronto dropped to in early trading under moderate de mand and a further to more at closing Index 100 hog prices rose 40 cents in Toronto Winnipeg reported losses of 80 Alberta prices were steady to 50 cents lower steadv in Saskatchewan STOCKYARD PRICES Slaughter cattle steers A 1 and A 2 Calgary 47 to 49 50 Edmonton 46 to 48 Saskatoon 47 to 50 25 Winnipeg 51 to 53 50 Toronto 52 to 54 Heifers A-l and A 2 Calgarv 36 to 40 Edmonton 36 to 38 50 Saskatoon 36 to 40 25 Winnipeg 38 to 40 Toronto 40 to 4b D 1 and D 2 cows Calgary 22 to 26 Edmonton 21 to 22 Saskatoon 23 50 to 24 80 mnipeg 25 to 27 Toronto 25 to 27 Slaughter calves good and choice veal Edmonton 34 to 38 Toronto 46 to 54 Montreal 52 to 59 50 Feeder steers of more than 750 pounds 38 to 44 Edmonton 35 to 39 50 Saskatoon 27 to 41 50 Win mpeg 35 to 40 Toronto 39 to 46 Feeder steer calves 401 to 575 pounds Edmonton 33 to 36 Winnipeg 35 to 40 Toronto 39 to 47 Good lambs Calgarv 38 to 40 Ed rnonton 43 to 43 50 Saskatoon 39 to 42 Toronto 44 to 50 Index 100 hogs dressed Calgarv 45 5i to 46 15 Edmonton 45 50 to 46 Saskatoon 48 ID to 48 25 Winnipeg 48 to 49 25 Toronto 53 25 to 53 55 Montreal 5298 Bonds GOVERNMENT OF CANADA BONDS Oct 9600 96 10 8 Jul 9600 9650 Sept 7262V, 7287'2 Sept 7287' 3 Sept 15 Perp 3100 3300 Perp Jl 00 33 00 Apr 9820 9830 Jul 9820 9840 PROV AND PROVINCIAL GUARANTEED BONDS Alta Ont Ont Hyd NB Nfld NS Oue Alta Man Hyd Sask Nfld AST Man GT 7 9 8 8 90 88 94 90 74 92 74 90 91 90 90 74 74 8700 7550 87 50 9900 6750 9850 9850 8000 8800 9850 9925 9925 8800 7650 8850 6850 81 00 8900 INDUSTRIALS CU Intl Cor Can Nt Alta Gas Tr 9Vi% 90 Alcan 91 BC For 92 BC Tel 9VB% 90 Bell Tel 79 Bell Tel 93 CP Ltd 89 CP Sec 90 91 90 Gulf 90 In Pr Pipe 90 Massey 80 Noranda 90 Intl Nick 9'4% 90 N C Gas 91 Steel Cda 90 Tr Cda 90 TrCdaPipelO 90 W Trans 8Vj% 93 CONVERTIBLES Acklands 88 87 00 Alta Gas Tr Con Gas Scur Ram W Trans C West Tr 8900 9000 9200 9800 9700 91 00 9900 8800 8900 91 00 9400 8900 91 00 8900 8900 9400 8900 8200 9200 7900 9200 90 12200 12700 89 69 00 71 00 77 00 80 00 65 00 68 00 86 00 88 00 86 88 91 UNRESERVED EQUIPMENT TRUCK AUCTION SALE MONDAY, AUGUST 9 a.m. Sharp Located 9Vz miles west of Edmonton on Highway No. 16 1A mile south to Auction Site on Pioneer Road. for McDonald Trucking Ltd. Also telling equipment for Scobejr Conttruchon; plus other contractors 6 Go's, plus Trucking Firms. SUMMARY Crawler Tractors 1970 D7E 17As 06 D9s HD21 D85A Komatsu HD11 B plus smaller Crawlers etc Trucks Large lineup of Trucks 1974 models down tandems to V4 tons Kenworths Hayes Macks Whites, Fords G M s IH C s 1973 IHC Model 4370 etc gram bulkers augers Cattlelmer 42 possumbelly etc Highboys Columbia Fruehauf 32 double drop lowboy Oilfield floats Industrial camp units 3 mobile homes Vans 2 72 passenger buses Backhoes Loaders consisting of both Crawler Wheel Timber Jack 230 Skidder C7 Treefarmer Motor graders Coring dragline Trenchers A T V machines Hancock self loading motor Scraper Tractors Machinery 8 Rome Disc As Now McKee stack mover Cars Welders generator sets Cat 08800 etc Light Plants Compressors Welding decks etc Boats Holiday Trailers Motor Bikes Quanset all metal building 4 All steel Ind sleighs B C Fir Lumber New As New Shop Equip Tools (Shop equip sold 9am sharp) By Proxy etc etc Sub to change Equipment being listed every day Viewing 2 days prior to sale Approx 500 (Lot-Units) to be sold Contact ut for complete listing Sale arranged A conducted by NASBY'S AUCTIONEERING Bonded Industrial Auctioneers Box MO, Spruce Grove, Alta. PH. 899-3676 Lie. No. 010-436 Car PH: YJ32925 Lie. No. 77699 Co. Lie. No. 61093 Kamloops PH: 604-374-2620 Upcoming Sales At Our Location Oct. Nov. Feb. April Livestock Perlich plain 4465 There were 1 461 head of livestock sold this week at Perlich Bros Auction Market Ltd Receipts included 698 cattle and 763 hogs Majority of cattle on offer were of plain and medium quality Light weight cattle very difficult to sell Cat- tle of good quality weighing over 700 Ibs continue to meet a strong demand Price quotations as follows SLAUGHTER CATTLE Al and A2 steers 48 to 49 90 Al and A2 heifers 39 to 42 20 Cl cows 29 to 30 Dl and D2 cows 23 to 25 90 D4 cows 18 to 23 Bologna bulls 22 70 to 26 90 REPLACEMENT CATTLE Steer calves 250 to 400 Ibs 30 to 36 50 Holstem steer calves 27 to 28 75 Feeder steers under 800 Ibs 40 to 43 30 Feeder steers over 800 Ibs 40 to 4530 Holstem steers 27 to 32 Heifer calves 250 to 400 Ibs 27 to 32 50 Feeder heifers 30 to 36 75 quality feeder heifers 25 to 30 HOGS AND DAIRY CATTLE Market hogs dressed weight to 45 30 good weaners 10 to 14 25 feeders over 100 Ibs 34 to 47 75 bred sows and gilts 70 to 75 baby calves 30 to 42 50 light calves 70 to 112 Alberta grain EDMONTON1 (ACiN) Gram prices varying w idelv as the new federal teed grain policy starts to make an impact on Alberta livestock feeders and feed manufacturers Around Lethbridge prices ranging as follows wheat 70 oats SI 70 and barley 40 70 The Medicine Hat Brooks area quo ting wheat 70 oats 50 65 and barley 40 75 Calgarv buvers reported bidding wheat 50 oats and barlev 20 60 From Red Deer and district prices received are wheat S3 75 S4 oats SI 30 51 50 and barlev S2 20 S2 40 In the V ermihon area w heat indoats remained constant with wheat S3 20 80 oats 15 SI 30 and barlev 52 10 Ranges in and around Edmonton are wheat S3 80 oats 40 50 and barlev 40 55 In the Peace River region prices on oats and barlev strengthened as follows wheat 14 25 oatsSl 20 SI 70 and barlev 05 S2 80 Feed corn 75 per bushel FOB Calgarv August 8 1974 Vancouver cash rapeseed ranged up to S8 90 per bushel Gold prices 1 DON I' losing [i u i s in 1 S dolI trs in u IK i I i nil n n 1 1 I u i s 1 i'l I i i n k 111 r t 1 1 u h 1 i II Koiif, N I i 11 u I N Feed prices WINMPEG ifPi Wheat board domestic feed gram prices 3 red No 1 spring wheat 03 No 1 feed oats 1 92 No 1 feed barlev 119' i Fort Macleod FORT MACLEOD There were 721 head of cattle sold this Tuesday at the regular weekly mixed sale at Fort Macleod Auction Market Fed steers sold steadv with last week only a ILW fed steers were on offer Slaughter cows met with extreme pressure and sold to under last week Feeder trade reflected uncertamtv in the fat market due to the latest federal government announcement and increased feed cost prices Heavy feeders traded actively on a lower market with pressure on light green steers and heifers Slaughter attle Al and A2 steers over 1 000 pounds 47 to 49 plus sub sidy Al and A2 steers lightweight un der 1 000 pounds met with extreme pressure at 40 to 43 plus subsidv Dl and D2 cows 21 50 to 24 50 03 cows 19 to 21 D4 cows 15 to 18 balogna bulls 20 to 25 50 Stockers and feeders good grass v earlmg steers (700 to 800 pounds i 40 to 44 good grass vearling steers i J50 to 675 poundsi to 38 Good feeder heifers (600 to 700 pounds) 34 to 35 light weight stocker heifers 30 to 33 1 hese feeder price quotations are for top ranch quality cattle prices on medium and plain tvpes were to S10 per hundredweight under these prices C.ood cow calf pairs sold for to S'toO per pair Dollar value MON I HI P IS il i in 11 i in s ol i n nt i i n liinils it i (II p in I i idjv u is up u si) 172) Pound sli ilnif, w is up IK 2i it S2 !1 !il> I un In i vv nk I In i n id i i n it ill n vv is il mil 22i il s! 112 1'y (i I oiinii sti t vv is up 11 I1 x _> i i Beef futures iCPi Live btil futures Sipt Ian Fhursdav s volume "No tontrads Egg prices HWONTON (TPi Weeklv egg and poultrv report issued bv the Fedtral Department bGGS To proiiui ers A medium M A B S5 CIS rrai ks 27 To retailers large 81 to 81 medium 79 tu 83 small 60 to b8 iThue cents in cartons i To lonsumers (in (artonsi A large 841095 A small 75 to 7') To Producers I ive No 1 chicken broilers 36 band over 40J2 5 ana under fi 14 Fowl Lnder 4 4 to b turkev I nder 12 40 12 to 18 40 over 18 18' Live 2 chicken b and over 16'2 turkev Under 12 37 12 to 18 37 over 18 16' WANTED SCRAP IRON Now Paying More For All Types Of Scrap Metal Farm Industrial Anything Made of Iron! IRON Truck Crane Service National Salvage Company LIMITfcD NEW LOCATION 206-33rd Street North Phone 328-1721 "Scrap is Our Business" Specialists in all types of Engines ENGINE REBUILDING CYLINDER BORING AND RESLEEVIMG CRANKSHAFT REGRINDING WISCONSIN ENGINE Sales and Service Centre CUSTOM ENGINE PARTS LTD. 1805 3rd Avenue South Phone 328-8181 ;