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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - December 15, 1971, Lethbridge, Alberta 22 THE LETHBRIDGE HERALD Wednesday, December 15, 1971 Id stocks up; oilier s decline TOliONTO (CP) Gold is-1 Combined volume on the Mon Auto servicing Livestock report fractionally higher v.hik- prices in other major sec- tor.' of th', Toronto stock market drifted lower interrupting three advancing .sessions to go in pulling their reputations up by the bootstraps'1 before they can regain public confi- dence, a Ford .Motor Co. of Can- ada Lid. official said Tuesday. Meamvell, Ford's gen- eral parts and service manager. ........____ _____ .told a public forum on ruing (real and Canadian stock ex-1 repair costs tbat Canadian agents criticized TORONTO (CI'l Car serv-j Ihe Garage Operators Associa-j icing agents ''linvc a long way lion of Ontario, said Hie chief.) blame for expensive servicing and parts lies with the ear mak- ers because they I'D not design cars thai are easy to repair. changes at 11 a.m. was shares, compared with at (be same time Tuesday. On index, industrials lest car servicing establishments can no longer afford the reputa- j lion of Ijeing more interested in .23 I making money than in provid- noderate mid-morning trad- i (0 1711. 39, papers .69 lo 72.42 and inS honest service. Volume by 11 a.m. 'vas shares, down from 1.0.1 million ill the same lime Tuesday. Declines hold a narrow mar- gin over a-lvanccs. 109 to 102 with li'V issues unchanged. Beverage, industrial mining, utiliiy. oil refining and chemical issues recorded losses as nine of the industrial index's 17 sub- groups moved lower. Banking, merchandising, gen- eral manufacture" and trust jind loan issues edged higher. Bow Vallc'- was down to OT.i, Klectrohome M: to S41. Price to Aquilaine U to KM" i. Pacific Pete to and Hudson's Boy Co. >.i to M9 the composite .09 to 179.00. I.'tili- gained .13 to 151. Git and i banks .85 to 230.75. j On the Montreal exchange, Melchcrs rose In up 'j each were Heilman's to S19, j Consolidated Bathurst to sid'i, j Grafton Group to S203, land Telephone to Du Pont lost 3-i to S19'.i. Hud- son Bay Mining and Smelting to Cooper '2 to and B.C. Forest to Slfi'j. Oil the Canadian exchange, Williams Creek Gold rose seven At the same time Mr. Mean- well said the franchise system of car servicing affords a better avenue for redress in the case of ;i disl'ulc between a customer mechanic. Under this system, a car slid Is- maker franchises a service centre ami participates in train- ing mechanics to service the lir.e cf cars it produces. If a customer is dissatisfied, he can appeal to the parent company. .Mr. Meanwcll said the cost of operating service centres and a cents to 56 cents on 87.0M! chronic shortage of good me- sharcs and .lamcx gained four'' chanics have reached the paint i vvhere it is financially impossi- ble for an establishment with a poor reputation lo stay in busi- cents to 21.) cents shares. STOCKS LOWED NEW YORK (AP> Blue- chip issues rose moderately, but stocks in general were slightly lower as the market continued dissolved EDMONTON Import- ers and breeders of Chianina cattle li a v e voted to dissolve the Italian White Cattle Asso- ttle Asso- ciation and form a Canadian ?8 l'> Lethbridge Livestock AFTKKNOON SALE (Supplied by Canada Department of Agriculture) On offer to 11 a.m. 250 cattle. Receipts about evenly di- vided between slaughter and replacement cattle. Trade ac- tive. Good and choice butcher steers meeting very good de- mand, prices 25 cents or more higher with the bulk of the butcher steers selling as feed- er cattle. Butcher heifers scarce and scllir." steady. Me- dium and good cows sell read- ily with odd heifery kinds up lo 24. Bulls steady. Good heavy feeder steers 25 to 50 higher under good demand. Choice steers 33.DO to 33.90; good 32.25 to 33.25. Good heifers 30 to 31; me- 31.50, medium 29 to 30.25. Good cows 21.50 lo 22.25, medium 20 to 21.50, canners and cutlers 17 to 20. Good bulls to 25. Replacement cattle were practically all short-keep steers weighing more than 750 pounds and selling steady. Stock calves were scarce. Good slock sleer calves were steady. Insufficent Business Spotlight Better business bureaus expand TORONTO (CP) Canadian Better Business Bureaus have stock heifer calves were offcl- I organizing a national as- ed to establish a market. Good feeder steers more than 750 pounds 31! to 35.40. Good feeder cows 20 to 23. Good Btcck steer calves to 44. Hogs base price 25.15. Plastic chains for car tires C h i a n i n a Association, Bob Richmond of Edmonton, the new association's interim sec- retary, said today. An interim executive headed by Jonathan Fox of Lloydmin- sier, Sask., has been given re- sponsibility to arrange for in- corporation of the new associa- tion under the Livestock Pedi- gree Ael of Canada. Other members of the in- terim executive are Don Berg of Millicent, Alta., vice-presi- dent, Phil Geiger of Winder- mere, B.C., Syd Slen of Lelh- Good cows 22.25 to 23; me- dium 20 to 22; canners and cut- ters 17 to 19.50. Good bulls 22.50 to 23.60. Good heavy feeder steers over 1.100 Ibs. 33 to 34. Butcher hogs sold Tuesday Lethbritlge 25.70 to 25.85 base price. Good lambs 21.50. Calgary livestock CALGAHY (CP) Receipts at the Calgary livestock mar- ket to 11 a.m., about 875 head; Bank of Nova Scotia fell '9 to i its consolidation process today. Denison to Lake j The Dow Jones average of 30 IMmilt to SlO-Si. Abitibi 's to j industrials, which hart been off i 2.5fi, was up .3.21 at 8511.35 by i ness, bridge and Rik Bronson of En- j mostly good and choice steers Elmer Greene, president of trance, Alta. and mixed grades of cows. -------------.....-------------------------I Mr. Richmond said there i Trade was active. now are 19 privately-owned j Slaughter steers and heifers Chianina bulls in Canada and i 25 cents higher; medium and G Du Pont to S19'2 and Guif Canada lo S25. Inco was up lo SSI's, To- ronto Star B to Na- Churs r-s to S177i. Tara U to JlS'j. PnnCanadian Pete >.B to SI.T'J and Pan Ocean '.a toSHU. PRICES M1XKI) MONTREAL (CP) Prices were mixed in 'ight morning trading ihe .Montreal stock market today. noon. Among Canadian s. Dome was ram prices I i'esemcn siauon in Winnipeg Gram Semen was released for sale in four bulls and six heifers at the federal agriculture department research station in Lethbridge. (CP) Rape- as Mines was down IVi at S5-l'i, isred prices moved ahead Mclntyre Porcupine lost 1 at 577 much as i'i cent.s on a mcd- and Genstar Ltd. and Granby j crate volume of trade at mid- Mining were U lower at and respectively. Interna- tional Nickel gained to On the Ames, Scurry Rainbow Oil gained '4 to Sl.v'n and Cana- dian Javelin was off '.i tc o cat control rogram planned EDMONTON" i'CP) C i t y i cencc fee for all dogs and ap- council defeated a motion by j proved a general increase in Aid. Drive Ward Lo limit the fines for wayward dogs. The number of ariull cats in a house- previous licence fees were hold to two and accepted a com- mittee recommendation that no major rat control program be undertaken. Council set I for males and spayed females and S5 for unspayed females. j The fines include a S15 levy i for a dog running at large, SI standard S5 li- j f0r replacing lost or stolen li- cences, S15 for not purchasing a licence and S5 for not having a collar and tag on a dog. By Gene Fawcette AM IMPLANTABLE BATTERY- OPERATED DERBRIILATOR NOW BEINS TESTEDtWSAVE LIVES OFAHALF-MIUION PERSONS A YEAR. THE AB- NORMAL HEARTBEAT IS DE- TECTED 8YASENSORATTHE END OF A LONGTUBE IN- SERTED THROUGH A VEIN INTO THE HEART... Vegetable oils firm sales up session on the Winnipeg Grain Exchange today. Local and commission houses and small exporter buy- ers were active traders in that commodily. Other commodities were quiet and featureless. Volume of trade Tuesday was 730.000 bushels of flax, 525.000 of rapeseed and of rye. Jlid-scssion prices Flax: Dec. Vi lower May 'i lower July 1 lower 2.44. Rapesced Vancouver: Jan. 1'i higher 2.56LiB, March higher 2.59's, June I'.s higher 2.59B. Rapeseed Thunder Bay: Dec. not open, May unchanged 2.4712K. July 1.4 lower 2.4GVbB. Oats: Dec. V., lower 633i, May unchanged July not open. Barley: Dec. unchanged 1.07A, May unchanged l.OSIiB. July unchanged l.OS'iA. Rye: Dec. unchanged May unchanged 1.01, July not open. Grain quotes Tuesday (basis Lakehead) Flax 230 2St3i good cows were 50 lower wiUi canners and cutters steady. Bulls were steady. Choice slaughter steers 34 to Canada Nov. 30 and will Ire re- i 34.50, go.od 33 to 33.75, medium leased for export to the Uni-j.11.50 to 32.50. heifers ted States Feb. 1, 1972. 131.75 to 32.35, gcod 30.50 to Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty. Hoadliousc and McCuaig) LAST "lilD OR SALE a.m. Quotes) a.m. Quotes) a WESTERN OILS linex it Gns ASflmer; Ashland BP oil Gas Can South Cdn Ex Gas Cdn Homesld Cdn Home Pfd Cdn Ind Gas 01 Cdn Long Is Cdn Super Charier Chleflan Dome Pete Dynamic pele Gt Plains Gt Cdn Oil Lochlel Mill City New Coflt North Cdn Oil Numac Prtn Cdn Pats Pan ocean Permo Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Hud Bay Co 5.20 Hud Bay Oil Hud Bay Oil Pfd 16.37'i Hugh Rur.sell Ulster We; Dec ilta li.50 6.00 405 3.45 40.50 5.15 7.70 32.35 .58 29.75 5.00 1 67 2.00 1.38 a.t 1.05 .68 12. CO 15 75 1.09 B.50 6.25 1.46 6.95 ;Ky 01 Husky Oil B Husky Oil W Inter Prov I Inter Prov S i Kaiser Res Lake Dufaull MGF Wannq citic Pete 1025 .50 Rainiei Teledyne West Cdn Seed White Yukcn CALGARY Barons Oil Madison North Cant West Warner PIPELINE STOCKS Alta Gas Tr L A Alta Gas Tr L Pfd 75 00 Alta Mat Gas 2075 inland Nat Gas 13.00 N aftd C Gas 1.1.55 N and C B Pfd Gaz Metro Ga: Metro Pfd A Tr Cdn P Tr Cdn P Pfd B Tr Cdn P Pfd A Tr Cdn P War WC Tra 17.B7VJ Mutual Ac Mutual Gr I 56.00 Nal Res N W Fin 16.25 N W Gr 43.12V2 Principal Gr i.90 Refund 13.50 Temp Gr United Ac 4.DO Universal 10.62V2 Vanguard 2 CO VANCOI 2E.OO 2.50 Quotes) 5.16 5.67 5.74 5.9B 4.01 4.41 5.54 5.76 5.09 5.56 4.B1 5.29 7.03 7.73 10G7 11.04 Anuk Mining Atlas Explor Bath Norje Brer.da Churchill Copper Croyden Dankoe Dolly Varden Dynasty Fort Reliance Giant Mascot Ka Copper West Pete MISCELLANEOUS INDUSTRIES Aquatl inco TORf- STOPE NORMAL I ALTONA, Man. rCP) Co- Op Vegetable Oils Ltd. reports total sales for the grower-own- ed company amounted to near- ly S13 million in 1971, up by more than S3 million over the previous year, with net earn- ings amounting to S635.185. Out of the net earnings, shareholder growers were allo- cated fiO cents a hundredweight for sunflower seed. 12 cents a i May bushel for rapeseed and 101 Jlv' Itapeseort Vancouver: Jan 255 251U Mar 258nj June 2577s 254'.j 254'Vi 258 257'i Rapeseed Thunder Ray: Dec 238'.i ffl Hay 248 2. Jly" (iats: Dec Wi l Cdn Pacific In Crowsnest Ind Cygnus A Cygnos B Home A Home B 24.75 5.75 31.00 35.25 24.00 24.25 5.50 575 12.00 30.00 30.00 loops 13.00 Lcrnex V..S5 Lyttcn Minerals Primer S.37'i Pyramid 44.00 Silver Standard 35.50 Texmcnt Trojan 66.50 Valley Copper '0.50 WC Res .06 ?'75 INDUSTRIALS MUTUAL FUNDS Block Bros 2.90 All Cdn Com B 8.7- B C Suqar 19 00 All Cdn Divirl B.93 9.76 B C Suoor Pfd 1725. All Cdn Vent 3 51 3.63 cap! Infer 5.75 6.05 6.64 Crestbrook F TORONTO (CP) Charles MacNaughton, minister nf transportation and communica- tions, said in the- Ontario legis- lature the government is in- vestigating the effectiveness of plastic chains for car tires. He told Donald Deacon (L- York Centre) that from first reports it seems they are more effectvc and less damaging to roads than metal studs. The Ontario government has banned studded province. tires in the Company moves to Calgary SASKATOON Rogers Canada Ltd. today an- nounced it is moving its mining and metallurgy office to Cal- gary from Saskatoon effective Dec. 31. The company said the move was caused by insufficient busi- ness. About 35 employees will be relocated. Stearns Rogers is an engi- neering construction firm which has been involved in de- velopment of several potash mines and has served the nat- ural gas and petroleum indus- try. socialion which would be, in the words of one of the directors, "a voice of responsible busi- ness." The Better Business Bureau of Canada would parallel the Council of Better Business Bu- reaus Inc. in the United States and it would lie a parent group for existing bureaus in 11 Cana- dian cities. Harry Pilkington, a director of the new organization, said it would be "completely autono- mous but 100 per cent cc-opera- tive" with the U.S. association. Members of the bureaus are usually those who would qualify for membership in the Canadian Manufacturers1 Association or the Canadian Chamber of Com- merce. "The CMA, by the very na- ture of things, is biased towards its Mr. Pilkington said at a news briefing on plans for the national group. CONSUMER ORIENTED "We feel there is a need for an organization that is con- sumer oriented.'1 The organizers hope to have the association operating by May. They plan to hire a direc- tor, two researchers and a sec- r e t a r y and raise at least SI 00.000 for the first year of op- eration. Vera Dollard, general man- ager of the Toronto bureau, es- timated the U existip" iv. reaus have between and members. These are in St. John's, Nfld., Halifax, Quebec, Montreal, Ottawa, To- ronto, Winnipeg, Calgary, Ed- monton, Vancouver and Victo- ria. Mr. Pilkington, a vice-presi- dent of Bell Canada, is one of z dozen directors already ap- pointed and eight more will be named. Cedric Edson, manager of the Winnipeg bureau, will be president until a permanent staff is hired and Mr. Dollard will be vice-president. FIVE MAJOR GOALS Mr. Pilkington said the na- tional organization will have five major goals: of services of existing bureaus. A study by the U.S. national bureau show- ed that about 40 per cent of tel- ephone calls to bureaus were not completed because of busy signals. of consumer panels. These would be commit- tees of business, and possibly consumer, representatives which would hear and rule on complaints about business prac- tices or products. of an informa- tion data bank. This would pro- vide for an exchange of infor- mation between city bureaus. cf educational material aimed at consumers. of a program for self-regulation of national advertising. Tne EBB would re- view advertising, consider con- sumer complaints and suggest changes where advertising is considered false or misleading. Canadian BBB's now are members of the U.S.-hased Council of Better Business Bu- reaus, as are bureaus in Israel, Mexico and Venezuela. The goals of the new Cana- dian basically the same as those of the U.S. council, which was formed in 1970 through a consolidation of the National Better Business Bureau and the Association of Better Business Bureaus Inter- national. 7.25 AGF Special Cdn Invest F Col Mutual Cmnw Inter 2.B4 ers B Ind 4.62 5.06 Key Irdust 5 90 6..'.7 Hys 12.90 14. IB interior Brew Lev 3.29 3.62 Inter Mariner Corp invest 5.45 5.96 Hclicop Corp In St F 75 5.19 pacific Air Dreyfus F U.S. 12.02 13.17 stampede Intl Re Gr In Shares 3.2? 3.62 OILS Gr Equity 6.10 6.70 Albany Oils Invest Gr F 10 81 11. E2 Plains Pete Invest Mutual 5.23 5.77 West Explor 3.65 .20 cent.s a for other seed plants. Co-operative members also have authorized a SriCO.OCO ex- pansion plan for 1971, fol- lowing-up in expansion begun this year. .Barley: Dec May Jly' .liyc: Dec May Jlv" 247 H 67 !07 ioasi 108'i 101 102% HENDERSON PARK ICE CENTRE OFFICIAL OPENING Saturday, December 18, 1971 p.m. p.m. p.m. 1. Figure Skating Exhibition 2. Official Opening 3. Minor Hockey Exhibition Free Public Skating Lethbridge Sugar Kings vs Edmonton Maple Leafs Sunday, December 19, 1971 p.m. p.m. Lethbridge Sugar Kings vs Edmonton Movers Free Family Skating Toronto mines, industrials (Supplied By Richardson Securities of Canada) LAST RID OR SALE a.m. Quotes) 7.25 MINES Acme Advocate Asb. Akeltcho Bralorne Broulan Bethlehem Brunswick Canada Tung. Cassiar Central Pat. Chlmo Coin Lake Coclienour Crainmont Dlckenson Deer Horn D'Eldonn Don- .21V; 1.75 .36 7.55 .21 U.JO 3..15 1.55 17.75 1 37 1.18 .09 Opemiska Osisko Palino Pine Point Placer Ocv. P.C. Exp. Quebec Man Rayrock Radiore .221': 22.50 Rot o Akjorn i Ccrp Sherritt Gordon 50 Silver Miller Steep Rock Tek Corp. 2.27 4.60 a.m. Quotes) Dom Textile Dom Slores Dome Pete Dnlftsco CAB Fcf of Gt Cdn Oil Gen Motors Gt Lakes Pap Gulf Oil Cda Greyhound Hawker Strt Huron, Erie Vv'alk Impcria Imascii I Oil 20.00 U.OO 31.50 23.50 13.12V 66.00 5.00 79.00 17.50 25.12'1 1-1. S21. 2.30 7-1.00 39.50 30.50 18.371' Wriglit Hargreaves Inv Gp A Dona Ida .0 Discovery Mines .6' East Walartlc .9; East Sullivan Faleonbrldge 69.Of Frobex .3? First .-'I Giant Y.K. 7 i BOVIS t.rV Granduc 4.6! i Headway R.L. 5 Hollinger 33-S( Hudson Bay M-S 19.0C Hydra Ex. .K Iron Bay 3.9? ISO 1.1F Jollet ?r Kerr Addison 6.M Key Anocon .1; Labrador 3.1.Gf Will Windfall 08 Yellowknife Bear a.50 Zsnmac .05 INDUSTRIALS Ahitilii 6.37V; 17.7.1 pt Stei 1J.50 6 75 Uti Indust Ai Laurpnfidi Kelly Doug A Lceh Metro stores McMillan Corp Allan Sugar ft.ttl Molsons A Bell Brazil Tr; B.C. Tel Burns R C Fore- B.C. Sutler Bow Va'lle CAE Ind Cdn Brew 45.50 63.00 12.50 16.25 19.00 37.25 Nnrth Cent Power Cor0 Price Co Rothmans St Corp Shell CDA Slmpsnn's Simp Sears Slccl of Can SfHkirK A Mad'sen R.L. Mnlnrlic G.F. Marlin McNcply Uni i Gas C.W.N. Cdn Im Meta Midrlm Intern Mogul New West Hoi New Athona New Cfllumrt Nornncln Norinrjate Norlcx Cdn Vickei CliryiUcr CPR niin Elec BANKS n Imperial Hog prices EDMONTON (CP) Aver- age prices to 11 a.m. provided by the Alberta Hog Producers' Marketing Board. Edmonton: 25.15, average Tuesday 25.39. Red Deer: 25.20, average Tuesday 25.52. Calgary: 25.15, average Tuesday 25.53. Lethbridge: No sales, aver- age Tuesday 25.57. Lloydminster: No sales, av- erage Tuesday 2J.94. Grande Prairie: No sales, average Tuesday 24.70. Total hogs sold 233. Tuesday, average 25.38. Sows av- erage 14.40. Beef futures WINNIPEG (CP) Live beef futures close Tuesday. Jan. 34.30B; 34.20B Mar 33.00A; 33.00 May 32.85 B. 32.85 B Monday's volume: 14 con- Iracls. TO MAKE CHEESE H takes 11 pounds of milk to make one pound of cheese. Mr. Mutual Funds DICK BATEMAN Phone 327-5137 EXCELLENT OPPORTUNITY A Manager is required for a new men's cloth- ing store in Lethbridge. Must be experienced and fully knowledgeable in fashions, purchasing and stock control. Excellent salary and commission structure offered. All replies confidential. WRITE BOX 124, HERALD The Ideal Christmas Gift! BERNINA SEWING MACHINES MODEL 707 Check Thete Feoturit And Compare: Mini-matic Lightweight porlablt Open Arm 2 Speed Motor Automatic Urtston Built-in Button Holer Built-in Blind Htmmsr Clip en Sewing CompItU with Carrying Can FREE CHRISTMAS BONUS YOUR CHOICE OF WORTH OF MATERIAL SUPPLIED 3Y BAKER'S FABRIC CENTRE .11 Do.ntiir New York stocks (Supplied By Richardson Securities of Cnnniln) Amr 7 find Anaconda Beth Stfel Chrysler ComJflt Dupont Gulf Kenn Copper M1. 7 Senrs j 15.12ViStd Oil 01 N.J. Jfi.OO 27.75 59.55 Texas Gull Tcxns Co Wlckes Corp W Oils ?10.19 Up .33 msn Volume 51 JS NEW YORK AVERAGES 135.00 Woolwortn -IfUJ'i 30 fl5B 3S up 3.21 79.M Woitlnqhousn Eire R7.00 20 Rails 236.93 off .34 "-S. Steel J9.7S li Utinilps 111.07 off .Jl TORONTO AVERAGES A5 APPLIANCE TV CENTRE <12 AVI. S. ACROSS FROM ENERSON'S DOWNTOWN SHOWROOM PHONE 328-1673 326-1333 13.00 Montgomery Wnrd 30 Indus! 175.31 off .li si.xks up Volume ;