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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - August 24, 1972, Lethbridge, Alberta Auguit It, 1772 TO6 IE7HBRIDOB HEkAlD 17 Market prices hit lower level TOnONTO (CP) Prices on tho Toronto stock market turned moderately lower in ac- tive mld-morninj! Irading today after scoring fractional gains in the opening minutes of trading. The industrial index was down .41) to 216.60 and western oils .40 to 258.92. Golds were up .01 to 208.38 and base metals .55 to 06.07. Volume by 11 a.m. was 000 shares, up from 7GO.OOO at the same time Wednesday. Despite the downward trend, advances held a narrow margin over declines, 145 to 112, with 193 issue? unchanged. Merchandising, steel, oil re- fining, utility and industrial mining stocks dropped moder- ately lower while beverage, real estate, communication, food processing and trust and loan issues edged fractionally higher. Dome Pete dropped 1 to Dofasco to S29, Fal- conhridge 1 to S68, Ford of Can- ada 14 to S10Q, Canadian Tire A >k to anri Moore 14 to Laidlaw Motorways was up Vi to TrJ7.ce to Falconbridgc Copper to Nuniac lo and Masscy-Kcrguson l'i lo S17-S. On Hie American Stock Ex- change, Canadian Marconi dropped 14 lo and Brascan li to Canadian Javelin was up Vi to and Scurry- Ilalnbow to Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by McCuolg Limited) LAST 1JII> Oil SALE o.rn. Quolei) a.m. Quoles] a.m. Quoleil WESTERN OILS Husky Oil Husky Oil B 7.70 Husky Oil War IS.Wi Inler Prov Pipe 13-75 Inler ProV H.W 580 Kaiser 2.f> A Vi Pacific Pela I Gas Almlnex Alfa Hds Aiamera UP Oil Can south Cdn Ex Gas tff> Cdn Homtstd Ind Gai Oil Son'Jwcll Tcfedyna MONTREAL (CIJ) Prices were slightly higher on the Montreal slock market today, with only industrials showing a loss. Combined volume on the Montreal and Canadian stock exchanges was shares, compared wilh at Ihc same time Wednesday. On index, industrials were down .54 lo 232.05, while utili- ties were up JO to 1G3.BI, hanks .63 to 275.83, composite .28 to 224.09 and papers .05 to 101.24. Asbestos wns up to Corpx to and Cominco ft to Falconbridge was off 2 lo Dofasco to and Moore Corp. to s. NEW YORK worms is almost at an end, a depart- ment of agriculture spokesman said today. Joe Gurba, head of the pro- vincial crop protection and pest control agency, said spraying for the worms continues in some areas but the mopping up op- eration has begun. So Jar this season, M.OOO pounds of the chemical Lan- nalo has been used to combat the pests, which has necessi- tated two emergency airlifts of the pesticide from the supplier in Texas. About to acres of the crop remain to be spray- ed, Mr. Gurba said. 000 acres have sprayed. Last year, alxmt pounds of LannaUj was sprayed on acres of rapcseed. The figures reveal this year's Infestation Is both more wide- spread and more intense than last year, Mr. Gurba said. About acres of Alberta's rapcsecd crop has already been swathed. Benson expected to be new transport commission head By VICTOR MACKIK Herald Ottawa Bureau OTTAWA National Defence Miaister Edgar Benson Is ex- pected to be appointed president ot the Canadian Transport Com- mission this week according to sources close to Prime Minister Its regular meeting today (Thursday) should have the order-in-council before it for approval, the sources said. Mr. Benson nas been known to be uncnthusiaslic about wag- Pierre Troika u. The cabinet at another election 'campaign. [Ie was considering an offer from a private firm In Toronto at the same lime as he was con- templating whether he would continue his political career seeking re-election in tho up- coming campaign. The decision of Jack Pickers- gill to step from his post as head of the transport com- mission effective Aug. 31 opened (he door for Mr. Benson. It Is understood he was offered tho post by Prime Minister Trudeau and after considering the propo- sition for a few days has appar- (Supplied Ily Richardson Sccarltlcs of Canada) LAST BID OH SALE Ouolts) HIDES Hew Olum ByGeno Fawccllo MNQLB 'JEWELS' EXOTIC 'NEW'FLOWERS FOUND IN New GUINEA AMP JAVA" HAVEBEEN RELEASED TO >JURSERYMEW. RELATED TO THE Tl NY IMPA TIEUSt SOME ARE MORE THAN 2N. ACROSS, WHnfE THROUGH LAVENDER, Rapcsccd Vancouver: Sept. higher Nov. 314 high- er 2.5M1; Jan. higher 2.57-li; Mar. higher 2.57, Hapcsccrl Thunder Bay: Oct. higher Nov. 2% high- er 2.47H; Dec. Hi higher May 3Vz higher Oak: Oct. unchanged 7714; Dec, Vt higher 771ij May higl'.er Barley: Oct. 'A higher 1.20; Dec. li higher 1.20; May Vi higher 1.23. Eye: Oct. Hi hlfilier 1.1414; Dec. higher May IVs higher l.ZOVi. Grain quotes Wednesday (ba- sis High Low Close Flax Oct 300 311% Nov 300 30513 30B May 305 Vi 30614 Ilapcscccl Vancouver Scp 25114 25014 25114 Nov 25414 252 F cb 253 liapcsccd Tliunilcr Bay Ocl 24714 246 Vi May 24414 245 Oats Oct------------------ "14 Dec 77Vi May 80'A Darlcv Ocl 11914 1'OVi Dcc---------------- IlOli May IIJC Oct 1l2Vi 112 112'i Doc IH'i May nail Droulan Canada Tung. Ccplral Pal. Conv.rtst Rambler Coin Lake Cochenour Craifjrnonl Dcnhon Mfnes Deer Horn R'Eldona Deer Horn DlcXenson WJnes Aldonfi Eisl Malar-llc Discovery Falcwhridgc Kast Sullivan First Marlllmes G1anl Y.K. Bovl? Heed WHY R-L- Grnnduc Hcllinger liucfscn Bay M-S Hydr. .13 Ost'.ko 31.37W Pine Point 3.90 Placer Dev. P.C- Quptec Rayrock V58 IS 50 1.55 Bay In 110 Kerr Addlsan Key Anacon Lahradcr Lake Slioro Langls Silver Maciscn R-L. G.F. Wartln McNeely Mldrlrn Intej-n W.cgul i Weit Homes Alhona ,97 .13 .53 7.75 ,41 .MV! '5 2.S7 .75 fiS.OO 2.5! .ii .31 7.W 2.5S 5.50 1.7? 10. Wl .05 1.15 .12 53 DO ,11 17 11-00 9.10 Rio Alqom Roman Corp. Shcrrilt Gwdon Steep Rock Tck Ccrp, Tcx.Tiont i Upper Canada Western Minns i Wright Willray (a 11 Vellowknlfe Dear INDUSTRIALS Abitibl Alcan Alco Ind Atlanlic Sugai Agra Ind Dofl Tel Brazil Tree B.C. Tel Burns B.C. Forest B.C. Sutsar Val Ind CAE Ind Cdn Brew 1 Chcmcell Calgary Row Coron Credit Gas Cdn Induilrle Cd.i Marconi Cdn Vlckers Chrysler C.P.R. Cominco fl.n Ocm Bridge Dalaico Catle Gen Mofcrs Greyhound Hawker Sid Hur Erie Imp Oil Inf Nickel Inv Grp A Inl Ulll Ind Accept Doug Lc t Stores siov Kerg Corp Qyottl) ujs'' 17.W 35.75 23.75 51.00 73.00 21.00 H.OO 7.75 4. OS 21.25 17.671' Dock strike hurts 'mining industry EDMONTON (CP) Mineral in the Vancouver yartls, he said Beef futures WINNIPEG (CP) Live beet futures close Wednesday. Sep 34.10B; Nov 34.20; 34.75N; May 33.ION. Tuesday's volume: No tracts. Jan -15 D Ncrrh Cent 10.42-6 pawer Cofp J4.13VJ Price Co 14.S5 Rolhmans T3.75 Sf. Law Cwp Shell CDA 17.50 Simpson's simp Scars 21 S1ecl of Cda Selkirk A Texnco Grp A 27. W Trans Pp 34, 7S Trans Cda Pp 8-25 Union Gas Union OI! VersalHe Mfg RECOVER STATUE RIACE MARINA, Way (AP) Frogmen brought .ashore Tuesday an ancient Grenk bronze sEalue they recovered from the sea bottom where sev- eral others have been seen. Ex- perts estimated the life size statue of a nude man dated back to the third century B.C. It was spoiled by amateur skindivers 3 feet below the sea surface off Ibis Ionian Sea re- sort in Calabria, Italy's south- ernmost tip. producers in Alberla are suffer-, ing serious financial losses be- cause of the two-week old Van- couver dock-workers' dispute, said a spokesman for a coal mining company. George Coatcs, vice-president of Luscar Ltd., which has in- terests In Cardinal River coal open-pit mining south of Hinton, says if the Vancouver dispute continues, the company will lose sales to Japan. He said Japan is diverting coal ships to Australia from Vancouver. Stan Grocutt, secretary-trea- surer of the United Minework- ers in Calgary, said the Car- dinal Kiver plant has shut dowr laid G. L. Harrold, president of tho Iberia Wheat Pool, said tho rovince's fanners have not ye wen affected by the strike be ause storage space is stil vailable in Alberta elevators Jowever, about half of the SOC jcrminal elevator workers i Vancouver employed by In Saskatch ewan and Albert vheat pools have been laid of] re said. Mr. Harrold also said China expecting about eight milu'o lUFbels of Alberta wheat, concerned about the delay delivery of the grain. its preparation plant and off 10 regular and 11 summer employees because of the dock ways spokesman said railways aren't moving any coal, grain or sulphur to Vancouver althougl some grain Is being moved tc ports at Victoria and Princi Ftupert, Grain storage elevators i Vancouver are full and CN1 has 700 freight cars full ot grai Russia catching up WASHINGTON (Rcuter) The United States editor Jane's Fighting Ships, Norm: Polmar, said here the Sovi Union has already surpasset the United Slates In some marl time areas, including mercha marine and fishing, and has t momentum to overtake the U, as the world's leading sea po er. ently decided to accept. He U 43 years old. Mr. Benson was first elected lo the houso of commons in 1962. Ha was re-elected in the icrcl elections of 1963, d 1963. He was appointed par- ameDlary secretary to tns nistcr of finance, jalcr he was named lo tho binet by L. B. Pearson in 1961 d given the post o! national venue minister. He was infed president of the treas- ry board in 1966. Ha was med minister ot finance in. and continued In that diffi- jit post until January, 1972. He took on the rough assign- ent of formulating Hie tax re- rm measure and guiding it rough parliament. Tho ex- acting job won. him few lends but Prime Minister Tru- eau was indclrfed to him for king on and pushing through ne controversial tax legislation espite storms of protest outside nd inside the Commons. After that diffcult job was omplelcd Mr. Trudeau trans- erred him to the relaliyely ranquil posl of defence minis- 'r. Mr. Benson has indicated to lose friends that he had no great desire to continue in Par- lament by seeking re-election. While considering a job in pri- ;ate industry Mr. Benson has ilso been mentioned as in line or an important government appointment. At one time there were ru- mors lhat he might be offered the presidency of the Canadian National Railways. However it was recognized in Liberal gov- ernment circles lhat such an ap- pointment would stir up political controversy. When Mr. Pickersgill decided (o retire early so that he can re- sume the academic life that ho likes and also write a book on his 35 years in Ottawa as a fed- eral cabinet minister and public servant, Mr. Benson was appar- ently considered by Mr. Tru- dcau as a possible successor. With Mr. Pickersgill resigning, effective the end of this month his successor has to be ap- pointed almost immediately. 1.65 11.50 Union Ca B A i Seed West Cdn Zentlh Elcc i BANKS Cdn Imp Montreal r Nova Scoila Royal 7or-Oom J8.371A 30A2V3 New stocks (Supplied Ry Richardson SecnrHlcs of Canada) >r.d T Hog prices EDMONTON (CP) Average prices to II a.m. provided tho Alberta hog producers mar- keting board: Edmonton: SO.50, average Wednesday 37.4G. Red Doer: 30.35, average Wednesday M.C7. Calvary: nvcrago Wednesday 35.88. Lclhbridgo: No sales, aver- age Wednesday 37.05. Moyclminslcr: No sales, nv- cr.-iije Wednesday 36.85. Grande Prairie: No sales, sales Wednesday 36.23. Total hogs sold Wednesday Avcrai'e 37.19. average Chrysler Comsat Dupanl Gulf Inf Harvests f'cnn Coppor J512V7 Se.irs 103.J5 70 Gelds 208.69 Up -3? 2000 Sid Oil of H.J. 79.13Va 10 Base Mel 9635 up .03 Texas Gulf 117.37Vj IS W Oils 15315 off 1.17 Tf-xas Co, Volume Wickes Corp H.67MNEW YORK AVERAGES Vr'colwoflh 36.75 30 Indus! off 1.50 Eire Rails 233.S3 off .39 31 75 J3 75 SS.W UO.25 79. M 25.50 7.1.35 TORONTO AVERAGES Stocks 116.75 of! 70 Indust 316.37 off .71 Volume It's all over but the shoutin7 and the savin' To bid to all Ihnl remains of model year, we'll accept any reasonabla bid you make on the cor of your choice. Gel iho cor you really wonted all year long a I iho prlco you'd expect to pay For second-best. Wo must converf all our slock to cash. Today, you can sayi "Good- bye, old cor. Hello, new deall" LONG 72 SALE Over 125 new cars and trucks Musi be sold by Sept. 30. Manitoba liquor drinkers getting 'short-changed' WIN.N'IPEG (CP) When you order a drink in licensed premises you can't be sure il you arc gelling [lie full sliot, and according to .1. Frank Syms, chairman of the Maul- Calgary livestock CALGAKY (CP) Receipts on Ihe Calgary livestock mar- ket to H a.m. (dialled hcarl, mostly slaughter slccrs and heifers, Trade was active- Slaughter sfocrs were fully steady with .sales to 'U.50 and over finished kinds discounted up lo heifers were fully steady with over finished animals discounted up lo cows were scarce with no kinds o f f e r cd and price? steady; bulls were steady. Choice slaughter Fleers lilo ftl.M, good 31.25 (0 32.25 medium art lo 31. Choice hcif en> 30 lo ,10.00, good to 3 medium to 2fl.7n, Meditm rows 2-1 to 25.75, earners am cullers 10 lo 23.50. Good hull 28-50 lo M.fiO. Replacement cattle w e r scare with mosl of the offcrin fleshy, short keep steers r steady prices. No stock calve j offered. I (iood feeder steers mor than 750 pounds 32.50 to .1 Good stock nnd feeder cows 2- lo 27.50. Hogs bnso price OCCUPANCY BEFORE SEPT. 1st Over 1700 sq. ft of, living spaco in ihii neat, altrac- livo home. Two boths, electric fireplace, drapes ond broadloom. Fully landscaped, ipacious back yard, Palio, doubla front drivo and utility iliod, Excellent location. By appointment only. 327-4911 oba Liquor Commission, the oiisumer is short chnng- d. In a recent laboratory testing f six shot glasses laken from tie General Supply Company In Tanilobn, Iho actual volumes t ihc one ounce level ranged rom a low of .91 to a high f .9-1 ounces, Mr. Syins said icre. He said that a.s a result o! lis ii nd ot her related tesl.s, he Montreal manufacturer dominion Glass, was ordered luring Ihe last few weeks to send sample lo Manitoba. Tlicso samples were tested unlil the desired measurements vere oblnined, A new shipment of shot glass- .3 is expected to arrive this nonlh, Mr. Syms sairt. NO ACCUSATIONS Mr. Syms said he was making _.n acci.nations against the glass company. Tie .said lie could think of no advantage to volumes, of the glasses less than th.il marked. He also hesitated (o fault li- cencees in the province. "I think they have been accepting Ihc glasses as accurate.11 Mr. Syms said that he did not know when tlic glasses were last lesled In Manitoba, but they will bo Inspected more of- Icn from now on. tat yon a an 1003 1th Avanuo S., lolhbridge Tclcpliono 326-4426 models'. All styles! Ail colors; 1972 MONTEGO MX STATION WAGON STOCK NO. 2546, SO LONG 72 AT 1972 METEOR RIDEAU 4 door pillored hordfop 302 V8, aufomatic Irani mission appear- ance group, H-D, ballery, block healer, fonder skirls, remote con- Irol mirror, power brakes, power steering, radio, H.D. suspension, covers, body side mould- inn Painted beautiful dark me- lall'ic green, STOCK NO. 2532 SO LONG '72 AT 1972 COUGAR 2 door hardtop 351 2V engine, automatic transmission, bal- tcry, block healer, electric rear defroster, brakes, power steering, bucket seals, radio, sports console with clock, and competition handling pack- one Sizzling lime green in color. STOCK NO. 2561 SO IONG '72 AT 9 passenger with 351 2V engine, automatic Iranj- mission, block heater, power brakes, power jng, radio, deluxe wheel covers, country rido package, carpeted floor mat, luggage car- rier wilh oir deflector load and many more extras. Beautiful light blue In color wilh all vinyl Interior including notch back bench seat. Buy for a few dollars over what we paid the factory End of year discounts on all accessories COMET 4 DOOR SEDAN With 250 6 cyf. engine, oufomotic Ircmsmissfon, x 14 W.S.W., H.D, bottery, block healer, Bxlenor decor group, handling suspenHon pccV- age. Medium brown in color wilh QingE STOCK NO. 2555 SO IONG 72 AT 1972 F100 SPORT CUSTOM Equipped wilh V.B, outomolie Ironimisilon, H.D. H.D. boltcry, block heoler, gavgei, 5500 G.V.W., auxiliary fuel lank, swing lok mlr- ton, hub copi ond 7.00 x 15 6 ply rubber. Ran- goon red in color. STOCK NO. 2525. SO IOMG 72 AT COLLeae ;