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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - August 15, 1970, Lethbridge, Alberta 6 THE LETHBRIDGE HERAID Saturday, August 15, 1970 Most Sectors Show Losses Ottawa Weekly Livestock Report OTTAWA (CP) Cattle de- liveries at tile 10 public stock- yards from Monday to Thurs- day this woke were approxi- mately more than last week "at head, but fewer than in Hie correspond- ing weak a year ago. Exports of beef cattle to the United States last week were down to 430 head, and were about equally divided between slaughter and feeder cattle. The slaughter cattle market continued slow and uneven. Further price declines were registered on nearly all classes and grades. Steers and heifers were mainly 50 cents o SI below last week's close. Cows were gen- erally steady to 51 down, and bulls steady to lower. The feeder cattle market fol- lowed the week's lower trend with most sales from steady to SI down. The limited supply of veal and butcher calves traded at mainly steady prices. Hog prices varied from Good lambs: Montreal 27.50 to 33.50: Toronto 32 to 34; Win- nipeg 25 to 26; Saskatoon 20; Edmonton 25.50 to 27.50; Cal- gary 23.50 to 24.20. Basic hogs: Toronto 29.05 to 30.85; Winnipeg 26.40 to 28; Saskatoon 25.50 to 26.65; Ed- monton 20.75 to 27.25; Calgary 26.70 to 28. Credit Union EDMONTON (CP) Two By ART JOHNSON Canadian Press Staff Writer Activity on Canadian stock market this we.elc was a re- gressive excr'cise, wilh most sectors showing losses for the first lime in more than a month. I Markets also posted the larg-1 cst loss on a weekly basis sin the five-day period ending Ma The Toronto Stock Exchange industrial index dropped 3. points during the five days 155.32. This weakness interrupte four weeks of steady advance. There was little news to spur movement in eilier direction during the aside from earnings reports pieh affected the prices of som slocks. _ Many however, be- occer Revised Fisheries Act Briru slightly higher to lower for the week, and good lambs were mainly steady at principal mar- kets. Choice steers: Montreal 31; Toronto 31 to 32; Winnipeg 29.50 to 30.50; Saskatoon 28 to 29.50; Edmonton 28 to 23.'50; Calgary 28.25 to 29.-10. Good heifers: Montreal 25.50 to 26.75; Toronto 27 to 28; Win- nipeg 25.50 to 21.50; Saskatoon 24.25 to 25.50; Edmonton 25 to 25.50; Calgaiy 24.75 to 26. Good cows: Montreal 22.50 to 24.25; Toronto 22 to 23; Winni- peg 21.50 to 22.50; Saskatoon 21 to 22.05; Edmonton 19 to 20; Calgary 20 to 21.40. Good feeder steers; Toronto 33 to 36; Winnipeg 29 to 34; Saskatoon 23.25 to 32.75; Ed- monton 23 to 36; Calgary 27.50 to 33. Good and choice veal calves: Montreal 38 to 41; Toronto 32 to 42; Winnipeg 42 ot 48; Sas- katoon 36; Edmonton 40 to 45; Calgary 40 to 42. armed men Friday took an es- timated after forcing the staff of a north-end credit union to lie on the floor while tellers' cash boxes were emp- tied. The robbery occured eight days before the credit union's recently occupied premises were to be officially opened. Police said the thieves in- tended to lock employees in the office safe but were unable to operate the mechanism. The two men wore psyche- delic-colored hats, false mous- taches and beards. !N Stay At The RIVIERA THE HOTEL WITH MORE TO OFFER Fully Air Conditioned. Complete Room Services, large quiet rooms and suites. Family Plan. Superb Dining and Entertainment. Con- vention and Meeting Facilities. Sauna Bath. Heated Pool. Free Parking. TV. Coffee Shop. Min- utes from Downtown. FOR MORE INFORMATION WRITE OR PHONE Perlich Livestock There were 832 head of live- stock sold this week at Per'lich Bros. Auction Market Ltd. Receipts included 592 cattle and 240 hogs. Butcher cattle prices steady to 50 cents weak- er. Feeder cattle met a good demand from local feeders and order buyers. Grass yearlings are much in demand and are selling at strong prices. Price quotations as follows: SLAUGHTER CATTLE Good to choice steers 28 to 28.90; choice heifers 26 to 26.50; good 25 to 26. Good cows 20 to 20.60; me- dium 18 lo 19.50; bulls 23.50 to 26.70 depending on weight and quality. REPLACEMENT CATTLE Grain fed feeder steers 750 950 Ibs. 28.50 to 31.20. Feede steers 600 to 750 Ibs. 30.50 35.10 with the majority of th grass steers selling 32 to 3 Good grain fed feeder heifer 26 to 27. Yearling grass heifer 28 to 30.20. Plain quality heifer ENGLISH LEAGUE Division I Burnley 1 Liverpool 2 lielsea 2 Derby 1 5verton 2 Arsenal 2 itiddersfield 3 Blackpool 0 Man United 0 Leeds 1 Newcastle 3 Wolverh'pton 2 F 2 Coventry 0 Southampton 1 Man City 1 Jtoke 0 Ipswich 0 "ottenham 2 West Ham 2 West Brom 0. Crystal P 0 Division II Birmingham 2 Queen's PR 1 Bolton 4 Luton 2 Bristol C 4 Simderland 3 Leicester 0 Cardiff I Middlesbrough 2 Carlisle 1 Millwall 1 Oxford 2 Norwich 1 Portsmouth 1 Orient 3 Sheffield U 1 Sheffield W 1 Charlton 0 Sivindon 1 Hull 1 Watford 2 Blackburn 1 Division ill Barnsley 0 Fulham 1 Brighton 0 Torquay 0 Chesterfield 2 Aston Villa 3 Doncaster 1 Mansfield 2 jillingham 0 Reading 0 Plymouth 0 Tranmere 1 Preston 1 Halifax 1 Rochdale 1 Bristol R 1 Shrewsbury 4 Rotherham 2 Swansea 0 Port Vale 2 ffalsall 1 Bradford C 2 Wrexham 3 Bury 2 Division IV Aldershot 2 Bournemouth 0 Barrow 1 Darlington 1 Brentford r Chester 2 Cambridge 1 Lincoln 1 Colchester 1 Hartlepool 0 Exeter 1 Scunhtorpe 1 "rimsby 4 Oldham 1 S7ewport 0 Northampton 1 Stock-port 0 Peterborough 0 iVcrkington 1 Crew 1 York 0 Notts C 0 SCOTTISH LEAGUE CUP Aberdeen 1 Hibernian 1 Albion 2 Arbroath 1 Ayr 2 St. Mirren 2 Berwick 0 Dumbarton 2 Brechin 1 Alloa 3 Celtic 2 Dundee U 2 Clydebank 0 Falkirk 3 Cowdenbeath 3 Raith 1 Dundee 2 Kilmarnock 0 East Fife 1 Partick 1 E Stirling 1 Montrose 2 Forfar 1 Hamilton 2 Hearts 1 Clyde 2 Motherwell 3 Dunfermline 0 Queen's Pk 2 Stranraer 1 Rangers 0 Morton o St. Johnstons 0 Airdrieonians 1 Stirling 2 Queen of S 2 Supplied by Uoherty Roadhouse and McCuaig Bros. GOVERNMENT OF CANADA BONDS Bid Asked 6 Apr. 1, '71 89.50 100.10 Sept. 1, '72 95.70 96.30 Oct. 1, '75 91.25 9275 8 Ci July 1, '78 101.75 103.25 Sep. 1, '83 72.75 74.25 Perp 3 Sept 15 38.75 42.25 GOVERNMENT OF CANADA GUARANTEED BONDS Ca.i. Wot. Rlwy. Bid 5 May 15, '77 84.25 Jan. 1, '85 78.25 Ailed 86.25 80.25 PROVINCIAL Ontario 7 Ont Hyd 9 New B ay-.'T, Mfld. 8 M.S. WzTo Quebec 1'Jft Alberta Man Hyd 9 Ci Sask Nfld O'.'zTo ACT 8 r. Man Tel 8 f. '83 84.75 87.25 '94 104.00 105.50 '90 102.75 105.50 '74 95.75 98.25 '92 74.25 78.75 '74 84.75 S7.25 'SO 102.00 103.56 'SO 102.25 103.75 '38 85.75 88.25 '90 101.75 104.25 '74 99.00 100.00 '74 99.00 100.00 IVIERA MOTOR HOTEL 5359 Calgary Trail Edmonton, Alberta Phone; (403) 434-3431 Telex: 037-2610 24 to 26. Feeder coivs 19 t 22.90. HOGS AND DAIRY CATTLE Feeder hogs met a stronge demand from local and out o province buyers. Weaner hog were lower this week especia ly on light weaners. Price quotations as follows Weaners 11 to 13. Light wean ere 8 to 10.50. Light feeders un der 100 Ibs. 14 to 30.50. Feeder over 100 Ibs. 33.50 to 37.50. A good demand exists ioi bred sows and gilts but there were not enough on offer for a firm quotation. Boars 40 to 55 Dairy cows 185 to 290. Young calves 65 to 102.50. PRIVATE SALE BUNGALOW HOME NORTH SIDE 800 sq ft. 2 bedroom, wall-to-wall carpet. Must be sold to sellle estate. Priced very low-no agents. PHONE 327-3039 for appointment! PRAIRIE LIVESTOCK LTD. Let Us Take the Worry Out of Your Livestock Sales our contacts with professional order buyers, plus your early consignment, means top prices for youl Beef Futures WINNIPEG fCP) _ Trading was virtually dormant on t h e Winnipeg beef futures market Friday higher. Open Sep 28.80 Nov Jan with prices slightly High 28.80 Low 28.80 Close 28.80 28.70N 28.50N Potato Futures _ WINNIPEG (CP) The Mari- time potato fdhires market was Friday. Open High Low Close Nov Mar Apr 2.20B 2.53A 2.68A 3.07B Abitibi Alta Gas Alum Cdn Bell Tel 8 BA Oil S'.'sfr Cdn Brew 5 Cdn Chem 7 CPR 5 Cons Gas Domtar T Eaton GM Ac 7 Husky Oil Imp Oil IAC Loblaw Mac B T Com B 6 '87 '31 '77 '77 '83 '80 '83 '82 '87 '87 '86 '87 84.25 83.50 T Dom B 7 '87 Tr. Can 5.85% '87 WC Tr A '88 81.75 81.25 88.75 91.25 97.75 100.25 79.25 81.25 70.75 87.25 72.75 75.25 78.25 86.75 79.50 78.25 86.25 84.50 76.25 80.75 75.75 84.75 71.25 67.25 84.75 70.25 72.75 75.75 84.25 77.00 75.75 83.75 82.00 74.75 78.23 73.25 82.25 68.75 63.75 66.25 CONVERTIBLES Cons Gas 514% '89 84.75 87.25 Dyn Ex 7 Scurry R 7543 Tr C P L 5 WC Tr C Sis' '82 84.75 S0.25 '88 85.75 88.25 '89 77.75 80.25 '88 71.75 75.25 I BATA SHOE STORE FOR RENT GOOD LOCATION ON 5th STREET SOUTH Suitable for shoe store or ladies wear store APPlYi Stan's Men's 321 5fh St. S. ANOTHER CUSTOMER CONVENIENCE AT FORT MACLEOD AUCTiON MARKET LTD. REGULAR WEEKLY SALE !M (FORMERLY HANDLEY-JENSEN LIVESTOCK LTD PHONE 223-3921, TABER DAY OR NIGHT Auctioneer: JOHNNY CHARITON lit. 293 Salfis Monagpr GARY JENSEN FAT CATTLE SELL at a.m. STOCKER and SELL at p.m. ON OFFER THIS WEEK 800 HEAD 800 HIGHLIGHTED BY 100 FEEDER HEIFERS from PINCHES CREEK CATTLE CO. 20 2 YEAR OLD STEERS from STEVE KUBASEK, IUNDBRECK 39-2 YEAR OLD STEERS from PETER HUCIK, IUNDBRECK FOR INFORMATION AND LISTINGS CONTACT: lieve that marlpls had dis counted any low corporate earn ecl ings during thej sharp bea trend in April B.C. (CP) -Pr vincial Resources Minister Ra Williston says the revised fed real Fisheries Act announce by Fisheries Minister Jac Davis will bring chaos to pollu 1 tion control efforts, in Britis Columbia. Mr. Williston, speaking ir Houston where he and otlit cabinet ministers attended th opening of a new mill site, saw the revised Fisheries Act wa drafted without any consulta lion wilh the provinces. He said it is not clear whetl er this revised act will super sede the Canada Waters Ac under which federal and authorities would cooperate to ensure environmental quality. Mr. Williston said Ottawa should clarify the matter because "right now the matter is utter chaos." Mr. Williston also commented on statements by Mr. Davis saying he plannel to lav charges against the Prince Rupert operations of Columbia Cellulose Limited. Mr. Williston said it was his understanding the mill was doing its utmost to control its effluent problem and had gone to great expense in an effort to meet standards. He said the company should be encouraged rather than penalized. "They spent real money and they've been on the job. The :act of the nature of their location and some horrendous >roblems doesn't alter the act that they are constantly working on the problem." Meanwhile G. W. Scrimshaw, (resident of Colcel, announced n Vancouver that a legal ac-ion has been started against )u Pont of Canada Limited in be name of Colcel's northern pulp said the suit is based or breach of contract, breach o warranty and negligence in connection wilh an effluent pipeline which was purchasec from Du Pont and installed as part of the effluent disposal system at (he pulp mills al VVatson Island near Prince Rupert. ward movement resulted fron widespread profiflaking afte recent advances. This indicates, hey said, th there is still some! lack of conf dence about the lure. Observers said tiat marke will dip at least pice more ,est the new base which, the say, was formed wlen the bea rend in the spring months le elled off. Markets were gmerally d-pressed during tte first four days of the week. The slide was let by western oils, which had nade stron advances in the previous fe weeks. SEE U.S. FUEL SCARCITY Tin's strength wis attribute; >y observers to a shortage o fuel in the United Sates and an ticipation of an inreasing demand for Canadian gas and oi The strength of ins specula ion was not, hovsver, grea 1 enough to withstaid profit-tak ing, said analysts. But oils led Ihe'recovery Fri day, when markers bounced u under p r e s s u s'e from Wall Street. j Trading was gineraily slack iroughout the settling at le range estallished during past weeks. There was iftle variance rom the pace airing most of tiie five sessions. On index at Toronto, golds were down 3.20 ta 152.13, base metals .74 to 93.8 and western Oils 3.68 to Volume was 831 million shares, compared with 6.85 million last week. Tjere were only four trading clafs last week, however, because of the August 1 bank holiday. Losses outnumlpred gains 446 to 245 with 2.ii issues unchanged. At the Montreaj and Canadian exchanges, declites o u t n u inhered advances 135 to 126 with 108 issues uncharged. Combined voltme was 3.16 million shares, wtnpared with 3.30 million last yeek. The compositi index was down 2.76 to H. Smith Ltd. Customs Broker I EDMONTON I 42-9796 OCALGAR? 328-8141 fr I GOUTTS Phone 344-3B2J Livestock TABER Trade was active on a fairly steady market a Jie Prairie Livestock Ltd. sale Good cows were steady to a ittle stronger. Feeder steers over 750 Ibs. were up 50 cents feeder heifers held steady Phere were not enough calves on offer to establish a firm market. Weaner hogs were up Feeder hogs were also up Good cows 20.20 to 22.30, air to medium 19 to 20.10. Good yearling feeder steers >ver 750 Ibs. 31.50 to 32.70; air to medium feeder steers over 750 Ibs. 28.50 to 31.25; good yearling feeder heifers ver 700 Ibs. 27 to 28.50; fair o medium over 700 Ibs. 25.50 to 26.75. Baby calves to 82.50. Weaner hogs to 16; ght feeder hogs to Join the many farmers and r cattle in our mo f j S t MARKET anchers who market their dern facilities. HOG SALES EVERY TUESDAY P.M. LEANER AND FEEDER HOGS BROOD SOWS-BOARS ABY CALVES-DAIRY COWS, ETC. Price Hiked LONDON (Reuters) The ationalized coal board was iven authority by the govern-lent-appoinled prices and in-omes board Thursday to add ietween 15 and 16 per cent to le price of fuel supplied to fac-oric-s. Industry will pay an xtra S17 million million) REGULAR CATTLE SALES EViRY THURS.-l P.M. Stacker Feeder and Fat Cattle Perlidi Bros. Auction Market Ltd. totaled in the hub of Southern Alberta's livestock Industry 3 miles east of lethbridge on Highway 3 and a mile south. PHONE DAY OR NIGHT 328-3951 BOX 1057, EARNINGS By THE CANADIAN PHESS Alberta Natural Gas Co., six cnths ended June 30: 1970, 74 cents a share; 1969 71 Canada's Fastest Growing Refcsil Organization Requires and Men for PART liME SALES In Our New Lethbridge Retail Store YOU'LL ENJOY WORKING with SIMPSONS-SEARS Experience Preferred Tm'ning Program if Excellent Pay Discount on Purchases Convenient Hours Apply in Person to: TEMPORARY PERSONNEL OFFICE 1218 2nd Avenue S. Just West of Lethbridge Arena Monday through Friday a.m. to p.m. PERSONNEL ON HAND FOR IMMEDIATE INTERVIEWS ;