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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - December 13, 1972, Lethbridge, Alberta TH? in'MBUlDGI HIRAIO 13, 1972 by Doherty. McCoaig Limited) LAST KID OR SALE rm. WfSTIKN OILS Alminex 635 i Alfa Etst Gas 1.35 Asjrrera W.25 Stocfe prices dip in earl tradin ft? 01! Gat Can Soutn Can Ex Gas Hud Say PfeJ Hugn Russell Hisfcy Oil Hwky Oil S HusXy War O l7.S7Vz Inter Prav Pi 740 57.30 51 .CO 19.00 42.25 i.5C Gr in Snares 3.15 Kaissr MGr Cdn Ind Gai Oil H.'SVi Pacific Peri invest N w N W Gr U.17 a. 10 S.69 No shakeup seen m sugar price structure REPORT Lethbridge Livestock ('Supplied by Canada DejvJtment 01 Agriculture) _ _ ___ ________ On offer to a.m. 260; marked price drops will occur By JOE BALLA Herald Staff Writer There is little likelihood that i is a general meeting of the j be any sfaakeup In the price price of sugar because j structure, at least until there happened during the ptft year. TORONTO Prices on -shares, compared with 321.300 the Toronto stock market at the sains time Tueslay. moved krcer in moderate mid-: Sank; feD 2.13 to 279.93. pa- nioinins iradir.? uxiay. pers Lie to 99.55. tee composite j The loiusrlal index, consid- ;o 230.01. industrials 21 10 Super Cftirrer- G: Cin'oil Lcchie! Ncrrr. Cdn Oil Numac Pancd.i Gas S6.CO .27 Rainier Sand-weir .4.05 West Gin -C.50 White V-i cattle. Receipts CALOAKY i.iO Unirsc AC Uni versa i 5.73 VANCOUVER MINfS After. 7 mostly slaughter 955 in the forseeabie ftfture in Southern Alberta sugar mark- ets and in other parts of the Early this year sugar prices ternational Sugar Agreement. here reached tbeir hightft Scheduled for it's ex- point since 1983. pected to be the first major country for that matter. the meeung 01 me v. all-time high for sugar was ID 1S2L the Second World War, the 7.40 21.50 Sarons 33T.-! and cows. Trade strong ;and active. Good and choice butcher steers meeting keen i demand, prices 23 to 30 higher, i adiau Sugar Factories Ltd. of i arc generally in favor of; certainties following tucb coo- Good and choice butcber iseif- j Lethbridge, it's unliicely there'll I iccreasog the ceiling on the; Oicts as tbe Hungarian uprising According to officials 'of Can- j b 1838- CCUB- j KorfeaD conflicts' the un- 14.25 UNC STOCKS -30 C.-3 TctaJ ered a major indicator cf mar- j 241.46 and utilities .1? to 151.24. ket trends. .45 10! On the Montreal Stock Ex- 213.83. golds 1.45 to 134.30 and change, Peoples Stores rose Ira oils .48 to 275.03. Base to S19. vrbHa Nevfoundlsnd raeials rose .08 -.0 S3.92. Lifbc god Pews: dropped to lyr II 'rt'ss 55S.-! 21X1 He-ylfi "4 10 S14. 000 shares compared with 721.-; Os the Ca'rjsciaa Stock Ex- MISCI ULANIOUS 000 traced by'the same lime change, Cadillac Explorations j rose sis cents to 65 cents on 37.- j isiur 500 shares. I 5rew A Gas k C 22.CO 72.112V: -yt 25.75 G'ar.r Csr: 5 3 Cir; Pacific !nv Tr Pfs s 7r Cii f. Trars Csa War WC Trans 22.: WC Trari MUTUAL FUNDS Zli c7r.' DMd ValJey ffff F !rve 3 10 5 3.25 sectors 01 the market recording losses. NEW VQHK prices Trust asd lean, general sagged on the major U.S. stock today, but the niki. Declines were sbghily anead jhe soon Dow Joces average of advances. 135 to 130. -s-hOs Of 30 isdustriai stocks 201 issues rsriainsd isicharged. j 2.03 to 1.D3L1S. Tuesday the Sacz iost w4 ico i had drDced 3.08 jxKnts, JEter-City Gas rs to I Dcsne iSDes uo 1i at BazsGiie Csnacieniie to 55774 -s at SlS'-i. Off' ?rere Alcan at S23ri arid i i ers strong to 25 higher. All classes of zseeting very i good demand. prices around Si 'higher odd beifrey up to -23. Bulls steady. Good feeder steers 50 cents or more higher. Choice steers 27 to good S4.50 to 36.50. Choice heifers 33.25 to 54.30: good 32 to 33. Good CCVTS 25.50 to 27: medi- ;um 23 to 25: carters 20 to 23. 1 Good bulls 27 to 23. j Good heavy feeder steers over 1.000 3s'. 36.50 to 38. JVeu? Corporations Tax Act approved in 1956 acd production pttterw have all had marked effecti sugar prices. Onoe the price rise took ef- fect earh' this year, there bas been little faltering. However, duriELg a 10-day period duriflg the summer monf.hs prices fell betreea 23 cents acd 50 ceats per hundredweight. LITTLE ACimrv The summer dip ttiiiiv Hrf Hixi say ii.25 55.25 Lav i.7? irri Vsrf IA: 9.1? OKJS Ccr; 7.CO AJsary Cor- I.-. Sr 5-47 4.30 5'airs at The Lethbrid. to base price. Good lambs Toronto mines, Ca'98ry ergusoE to Prorldeoce 2 cents to 25 cents. Peoples department Scores rose to S1ST Four Seasons Hotels 1 to Tambryn to GuH to S33-4 akd OSF Icciistries to Cassiar -cst H Sherr- Gorccn -3 10 and Xortbgate 15 cents to S4.SO. Iso 34 cents co 52.65 aad s 15 cents to 51.60.' (SoppEed By EiciiartJsoo of Canada) LAST BID OR SALE C5V.30 MINES -12 Ciite t 27.3C Grt Cir Oif Ai the American Stock Ez- ch-asge, the price-change iscez was off five cents to 26.S3. Oc the Amez. Scurry Bair.- bcw Oil vas up r-i at SiTH ani rlin ti at MONTREAL AH sec- tors declined in light trading on ..the Mocirsal stcck market 10- cay. Cosblaed TGnrra 02 ie treal aod Canadian ez- at 11 a.m. vas 2S2.4GO Canadian dollar farmers lose .i-.. million miuion Montreal f oreig2. ezcbange mar- TORONTO ''CP; Oa- tions such acploration and. iario governrrjeiK Tuesday ir> deve-opraen- expenses asd to a aad over-re- tnxraced its n e Corporations; pleticr" aBcfyrajsces. naarfcet, Ner ortaekss, the TEZ Act and despite heavy op- beHeTe thai, should York arxi Locdon ez- pcsidon criiicisn gave it ap- be setting a better return frora changes reported considerable Butcher begs sold provai in principle." the" activities of ccrporatioBs hedging acd bidding oe the fu- hbddge yards act, 256 pages Icaig. and particciarry from the ex- tyres market at toe tirae. Tsere only oce more oresesta- ploiiation acd cf Httie activity report- lion 10 the before be- our nararal resources in this SG acrea-ge asd ai- comiag Opposition leader iocatiors aod sfflrport prices Tbe act. under preparac-cc Robert said. thai are fed in v.ith the global for several years, continues 2; Deplsciixi aJlo-jraiieg should pnxiucucG asa pridug taz on be from tax oaic -Freight raies, for tax deesc- i there is evidence that "it. differentials, coets of pTcdDCtJon is bekg used to the berieSt of marketing. loading and no- (CP) to 11 today on the Calgary livestock market -srere 750 head, mainly steer? and Trade on a strong, active basis. steers sold folly steady and heifers steady, quality considered. were mostly mecSum and canner kfecs. selling at stroc-g prices. BuSs sold higher. to 37.40. Gas firm sets final dividend K toe for the sstablishziierjt pro-rated from raw sugar, nev; jobs sr.c ezpsncing a Caribbean potct. jinber of jobs in fcs comma- establish toe sotiibera Ai- ry where the natural resource price strocture. Key factors that contribute to an uptrend is prices are world XOT ONE JOB j production asd and He said QedgiEg on the futures market sseouragkig 1 pand plan' Eudsc-rfs cost tbe taxpayers of ih-e Gsoice steers 36.50 food to 35JS. rnedi to 33. heifers 33.50 cium 27, r-ers scd cotters 13 to 23. Good 30 cents a share on its common this is fact corsnbjted orse job bulls 27 to 2S.25. shares. 10 fee eeoaxrrr '7 ezport licec- The share Is payable Jan. '25, in fact a hanccci 10 to 13 days. to gj! common ers of record as of Dec. 31, 1S72. Com-bined with the pay-' of 30 cents ner share in 2HC keso steers snd stock calves. 2- ,_-.-, Tie ISA has than 70 member corn-tries ara5 every Good feeder steers pounds up 35 to good reec-1 0310-1572. this brinp fee total Vear to 60 cents per! Eeewks _ commcn share. Srrerdale} said a de- A regular ciTider.d creasias- percentage of tax rer- of S2.5 cents a share oc tbe' from corpora- corrjpsny's preferred shafts riss also bas beca for: Tbe system, be said, as- _ paymest JEE, 15, to prefer- fair to tbe rest of Ontario's tax-' red shareixKcers of reoxt: as payers. 23.40. good stock 46 to 52. good stock calves 36 to 42. Hogs average base 33.50. neiter doOais froca ard the OTTAWA f CF Jack Her- j States Ttsesday, fee Ca ser. Cocservasre il? for ssdiar doHsr above par to foot, said today that westers The upward farrssrs are losing 2iors tfcarj pressure cxefeued at iarkei S30 mflllon arnuaHy because cf opening today. fee diffarsics the do- 1 Three ago the and export price of cian doHsr at a wheat of 101.30 cesta TT.S. It drocced Mr. Horcer. rscajtly ap-'ta a of 56.31 pomted Girservatlve critic of week, the lo-west it has traded the Canadian wheat board, said scce Febrjary. the board continues to' sen! wheat to Carjadiac at SLS5 a bushel at a time price has to Grain prices Winnipeg Grain of Dec. 31, 1S72. for. a wasus of tsz- ec-asries a r parts of the globe. GREAT DEMAND Heports frees coorsries as- blind the Ires Curtain are not ahrays readiry accepted AKl, accortiing to markjet obserrerE, EassU's great for to bold the in an orsettled proper o? cor-: szzszoz- No ooe reaBy TOuld bcl? create empSjymect': x B agamsc a sad periBit the province to cor-! shortage. the "social rf the bcce it ajoears ssgar it conSrok. fee ISA WIXNTPZ E ezporter and crusbKr rapeseed acd Saz prices higher at 2Hd session SGCUKJ oecozas trie ping boy snd tbe area in -whicis the specdiitg are ma4e." Mr. Hesrsick said fear, of south' Cite "The per bcsfcel' fee treated as a min-1 price and adjusted in line vsitii currect worid lie said in. a i lease. Kara: (Supplied By fiaciianlsoa Stcariiies of Canada) I ii GoV AVEJtl5E5 world tins year, bat em Alberta as CaEadian Sogar Lid. bad of i acreages devoted to beet prodtaEtioTi during 1372. ul-ed for 'aras I a tbe eeoEonry. in to lajc yean7 LEADS TO JOB LOSS 2L75 TOROMTC 25 j cests higher in tbe aearby fa-: discovwed by ;turss- plas tests and Oats arx; bariey also vere i cars had been TORONTO Insurance plans being checked tioo frem the risijsf cost of frr-1 the corresDocdfcg of i Provindal tl Eg exists for ffee farnser Mrs-j iSTL ;superiatetsdents of %rnf Hrt I ?-w gcw __ domestic pries compels cents a w Westerc isseat farmers to kp-1 ended Octl-i compared' pen coosuiaas waen so prptec- of or 11 cents in an isterview i practices of stich lor tfie 22 weeks i' board sposcesmaa was j vestigatioTi said wwilde't with in special items, dews derit 'fr. Homers calculation but; sharply from net iscoire is 1S71 j coi v4o wold pay the cost if to Tne IS71 figure in- i Ss are low in reb- j weefcb payment indemrftf jJomestic pnce raised i daded 35.173.000 in I fioo to the aascfzat of premiums i icies mass media ad- to tae ccrsct export leveL liters. JCGOeetai "S'_s troe thai 700 can look at! The ojsEspsnv ssys main sttuatiom tfee Mr- Eor- for in w. ,or m me proTinciai Barley- Dec are ceccerned. wiffc pel- i Jig? v4 icies sold on an individual basis July 1.45. I and not grocp accident azd f Bye; Dec. 2 higher 1.73B-! One part of the recaJI cam- Mr. said tee sogar from the 1ST71 crop Cbevrolet Novas. Pontiac and OJdrasofcSe Omegas. M a r c a i three-speed tbe fese since fee higher 3.42E: oc sotne tbe trans- supgrictesHfeiit for Manitoba and Strong steps to control foreign ownership urged GIGANTIC MANUFACTURERS' TRUCKLOAD SALE CONTINUING AT THE LETHBRIDGE EXHIBITION PAVILION TONIGHT Till 9 P.M. AND THURSDAY 9 A.M.-9 P.M. Georgia-PcKifk Wall Panelling if Furniture ir Sporting EqgipmMt ir Sanyo Stereos, Radios, etc. ir Scorpion Snowmobiles ir Nona Christmas Decorations DONT MISS THIS FANTASTIC SALE! sisaer Bye; Dec. 2 May 1 higher -My higher Grgin Tuesday Lake-head Hog prices jjg EDMONTON Casa-: fcaSy made for- I'dian hare beeci-ega su-bsidisrses operatasg- in to foreisc with Car.a- CsTjada." aacey'-wiafe this caciitrr NET EXPORTER is zzzizlsj 2. net ezporter: ot capital pubosber Met Htatig trx5ay. ilr, Hsrtig. eo-ciiainaas 3t! tfe Corsrsittee for an (CP) Ave ffigh Flaz .Beec 321% ?fey 389% 385% 375% 373% Ijec May Oats Dec i03vj Bay" 317 325 102% Jly 102% 101 Vi Dec 146 U 146 Sir. HurtigT as tassaccessftil Liberal candidate ia the Get. federal efedMB, said beSsrres Casada.bas been a net exporter of capital fe- at sge peiees to 11 2.22. provided snt Carads. the pacts in Lea.-.: 30 years. by the Alberta Hog Producers i a Izzzz? fa the Ai- b the decade I Slarfeedng Board: berU govemmers's sfckci COTE- starting in jwj (greet f EdssGBton: a v e r s g e j inirtee or foreign I IrvestTKest in Canada by for- Tuesday j Askisg the corrmuttee rec-. eiders 5-25 less than, the ait- Red 33.83, average! orrunend feat A'berta on; vrard fkw re ard I Tuesday 29.15. Ottawa to take steps to 1 Calgary: 33J-50. average eurtatl fee grcrrth of fo-reig" No 5a.k. average; niiich mere of ii thas arjy other I Tuesday 35.65, developed csuntry and. 'at j No sale, time, has higher vestraest cspstal for the sarce I age f than aay ether devel-1 period was j Fort Macleod: No sate, av- j country. I "Kes f erage Tuesday 40.25. problems wil; I detldt cf SI I bfllion." j Grande Prairie: No sale, av- j 23 Tfe a branch Mr Hsrtig told the erage Tuesday said. that any poficies fair to No average greajggj. irony in the halt the growth of foreign pwc- i v T. Canadian business errhip would be i riogs sow to II 3JD. 337. "fr'.jffrf agjuraj resources has bees suggested that recwnmen- to Frcsn JK6 to re said. d'v'-'isrds ss-5 interest, to fcr- eizr; was S3. 6 blBw-n. the total L-tfscw o? there was capital JIv Rye Ma? 173% 172 ITo'.'i 145% 168% c z p 8 n s j