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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - December 17, 1971, Lethbridge, Alberta 18 - THE LETHBRIDGe HERALD - Friday, December 17, 1971 Industrial stocks advance strongly LiiVGStOckl Miscellaneous quotations report Vancouver, Calgary, Montreal (Supplied by Doherty, Roadhouse and WcCiiaig) LAST BID OR SALE (n;00 a.m. Ouoles) {11:00 a.m. Quotes) (i):l)0 am. Quotes) TORONTO (CP) - Industrials issues recorded strong advances as prices in most sectors of the Toronto stock market climbed moderate mid-morning trading today. The industrial index was ahead 1.10 to 179.18, base metals .40 to 74.81 and western oils 1.08 to 214.44. Golds fell .37 to 146.96. Volume by 11 a.m. was 699,000 shares compared with 734,000 at the same time Thursdaj'. Advances outnumbered declines 131 Lo 79 with 197 issues imchanged. Baniung, beverage, industrial mining, merchandising and real estate issues posted broad advances as 14 of the industrial index's 17 sub-groups moved higher. Steel, general manufacturing and oil refining issues drifted fractionally lower. Home A rose IV2 to $33, Walk-er-(jOoderham % to $4l^s, Kaps Transport =k to Ws, Hollinger '2 to $341-2, Denison '2 to $24% and Asamera ^2 to $17^.1. Pan Ocean gained \'.\ to $liy4. Lake Dufault 's to $11V2, International Utilities '2 to $40^4, Genstar 1,2 to $13, Supertest ordinary '> Lo $68^2 and Labatt "^i to $2i'8. Toronto Star B fell ^'.i to $38^4, Imperial Oil ^ to $31-''s, Canadian Tire A ':i to $35, Husky Oil 'i to $I6V4, Rank '-s to $20% and Du Pont 1,8 to $19^8. iVrO?iTREAL (CP) - Prices in all sectors moved forward in light trading on the Montral stock market today. Combined volume on the Montreal and Canadian stock exchanges at 11 a.m. was 495,700 shares compared with 384,020 at the same time Thm's-day. On index, industrials rose 1.49 to 183.24, utilities .88 to 154.22, banks 1.65 to 234.67, papers .75 to 73.56 and the composite 1.29 to 183.31. Falconbridge rose $3',s to $73'/2, Home Oil A .$2 to $33, Distillers-Seagrams $1'4 to $31'4, Walker-Gooderbam $iy4 to $41^'4 and Velcro Industries $lVi to $16. I Velcro declared a quarterly ' dividend of 10 cents per share j Thursday, payable Jan. 2 to ] shareholders of record Dec. 23. i Th company previously paid . four cents quarterly. Credit Fonder lost ^.s to $57, Murphy Oil V: to $12 and Toronto-Dominion Bank Vi to $29 V2. On the Canadian exchange, Laduboro Oil rose six cents to 95 cents on 23.199 sihares traded. NEW YORK CAP) - Stock prices edged modestly higher in i active trading today as the cur-: rent stock market rally lost some of its momentum, i The noon Dow Jones average i of 30 industrial stocks was up ' .22 at 871.61. Earlier it was up more than 2'4 points. Among Canadians on the big board, Distillers Seagrams moved ahead 2^/8 to $33% and 1 Walker (Jooderham rose IVk to $42. Mclntyre Porcupine lost 1 to $78. On the Amex, Brascan was 14 higher at $18Vs. Lethbridge Livestock AFTERNOON SALE Calgary livestock CALGARY (CP) - Receipts : on the Calgary livestock market to 11 a.m., about 850 head; ! mostly replacement cattle con-' sisting of stock calves and cows. Trade was active. Slaughter cattle offered were ' mostly cows of medium and canner grades selling at steady prices. Bulls were steady. Good slaughter cows 22 to 22.50, medium 20.75 to 21.75, canners and cutters 17 to 20. Good bulls 23.50 to 25 with a lot of 15 selling at 33.10. They ' weighed 1,300 pounds apiece. I All classes and grades of replacements met a good demand. Replacements were mostly short-keep steers more : than 800 pounds, stock and I feeder cows with prices steady, i Stock calves sold steady. Good feeder steers more than 750 pounds 33 to 36.50, i less than 750 35 to 38. Good ^ stock and feeder cows 20 to 24. � Good stock steer calves 39 to : 45. Good stock heifer calves 33 to 36.50. Hogs base price 24.40. WESTERN OILS Cdn Cdn Cdn Cdn Cdn Vegetable, Iriiit slocks decline OTTAWA (CP) - Stocks of fruit and vegetables at Dec. 1 were well under the totals for a year earlier, Sta.tistics Canada reported today. There were 447.4 million pounds of apples in cold storage at the tieginning of the month, compared with 472.1 miUion pounds a year earlier. The total for all frozen and preserved fruit was 52.3 million pounds, comipared with 56.3 million last year. Pears, liowever, increasei Cochenour .24 Texmont .36 Int Pipe 30.00 Craigmont 6.25 Upper Canada 1.70 Inv Gp A 7.87I/I Dickenson Mines .80 Western Mines 2.41 Int Utilities 40.87V3 Denison Mines 24.00 Wright Hargreaves 1.15 Indust Accept 19.37V3 Deer Horn .04 Willroy .77 Laurenfide 10.25 D'Eldona .41 Windfall .08 Kelly Doug A 5.50 Dome Mines 54.25 Yellowknife Bear 4.30 Loeb 3.90 Donalda .07 INDUSTRIALS Loblaw A 5.00 Discovery Mines .66 Abltibi 6.50 Metro Stores 14.75 East Malartic .90 Alcan 18.12V3 MasseyFerg 10.25 East Sullivan 2.50 Algoma Sleel 12.75 �McMillan Bloe 23.00 Falconbridge 71.50 Atco Ind 6.75 Moore Corp 38.37V3 Frobex .31 Aqra Indust 8.62I/I Molsons A 18.50 First Maritimes .43 Bell Tel 45.75 Molsons B 18.50 Giant Y.K. 7.50 Brazil Trac 18.00 North, Cent 14.50 C-anduc 5.00 B.C. Tel 62.75 Power Corp 5.00 Headway R.L. 6 00 Burns 12.50 Price Co 6.75 Hollinger 34.00 B.C. Forest 18.25 Rothmans 14.25 Hudson Bay M-S 19.371;^ B.C. Suoar 19.12'/! St Law Corp 19.50 Hydra Ex. .16 Bow Valley 28.50 Shell CDA 36.87V2 Iron Bay 3.05 Cdn Brew 6.62Vj Simpson's 21.25 ISO 1.26 Chemcell 4.10 Simp Sears 28.00 Jollet Quebec ,20 Col Cellulose 2.90 Steel of Can 26.12y3 Kerr Addison 6.45 Cal Power 27.25 Selkirk A 16.50 Key Anacon ,16 Coron Credit 1.10 Texaco 34.75 Labrador 35.00 C.W.N. Gas 11.00 Traders Gp A 15.62V3 Lake Shore 2,35 Cdn Indust 13.87V3 Trans Mtn Pp 20.62V3 Lanois Silver .06 Canda S S 40.00 Union Gas 14.75 Madsen R.L. .55 Cdn Marconi 2.60 Union Oil 43.50 Malartic G.F. .60 Cdn Vickers 9.87V2 Versali'e Mfg 3.10 Martin McNeely .06'/j Chrysler 28.00 Wcsteel 13.25 Maclntyre 4J.0O CPR 13.12','j Union Car 12.62V3 Me fa .IOV3 Cominco 21.00 V/eston's B 17.25 Midrim .15 Cons Bath 6.25 Woodward's A 23.75 Intern Mogul 7.40 Cons Gas 20.00 West Cdn Sd 4.35 New West Home 7.7S C.W.N. GaJ 20.75 Zenith Elec 2.20 New Athona .09 Dist Sea 20.50 BANKS New Calumet .19 Dom Bridge 20.871/3 Can Imperial 26.00 W. Horse Copper 1.70 Domtar 10.621/3 Montreal 18.00 Noranda 31.62V2 Dom Textile 18.25 Nova Scotia 31.62'/! Northgate 4.40 Dom Stores 14.00 Tor-Dom 29.50 CALGARY (CP) - Ranchers and farmers should be compensated for game taken from their land by the men who hunt there, says a report prepared for the Western Stock Growe-s Association. The assiociatiotn has pas-sed the! report to the provincial government and urged a pay-to-hunt system that would also involve more control over leased crown land. HUNTER RAPPED The report was prepared by consultants Hedlin, Menzies and Ass;ociates Ltd. of Toronto who described a tvpical Alberta hunter as "one of a mob of armed men" who is not welcome on the land. "The only aspect of the pursuit nt game that remains as a reminder of the frontier is the insistence of the modern Albar-ta hunter that game is frpe. "Today two, 500 - pound elk on an Alberta ranch consume an amount of grass almost equivalent to that consumed by � 1,000 - pound cow and the presence of 100 elk on a range constitutes a subtraction of 50 head of mature cattle from the capacity of the range." The farmer thus bear? the cost of the raising the eame and that of tbe annual hunter invasion "with all the inherent risk of fire, damage to fences, wounding of livestock and disruption of productive activities on the farm or ranch." Tlie current system has a "built:in incentive" to minimize the amount of game. Most great changes in game populations are the result of habitat loss and "the single most important element in the future of hunting is the attitude of those who confcrol the habitat." If ranchers seek changes in game laws and management, said the report, it would be as much in the interests of the game herd and hunters and the rancher. The idea of compensation for the use, of leased land by wild- CPR bid decision reserved life drew ^ strong rebuttal from Bob Scammell, vice - president of the Alberta Fish and Game Assbciation, who said "in a lot of ways the ranchers are a gi-eedy bunch of bounders." Before entering into a discussion of a pay. - to - hunt systom "we would like to have something done about � the terrible situation in the province re- garding the use to which publi� land is being put." Public lands have steadily been closed to hunting and fishing and "grazing leases are no-toribusly restrictive in this sense." The need to hunt on private lands would not be so great if there was not such a loss of public lands, be said. Brothers won^t lose farm for failing to pay taxes WABAMUM (CP) - Two brothers who have lived on a section of farmland smce 1943 gained a last - minute reprieve from the auctioneer's hammer Thursday. Municipal Affiars Minister Dave Russell said he was intervening directly to prevent the two from losing their farmland, 40 miles west of Edmonton. In a letter to Albert and Denzil Jones, who hiave farmed the land since 1943, Mr. Russell assured tliem he would not approve the tax sale of two of their quarter sections last Monday by the County of Parkland. There was no bidding on the other two sections. A total of $2,469 in back taxes covering almost 15 years is owed by Albert, 62, and Denzil, 53, and the county sent final notice on Sept. 22 saying that if the taxes are not paid vnthin 30 days, the land would be auctioned. Bidding on the first quarter section ended at $3,300 and on DEPARTMENT OF INDIAN AFFAIRS AND NORTHERN DEVELOPMENT BAND MANAGER REQUIRED Ermineskin Band - Hobbema, Alto. QUAtlFICATIONS - FINANCIAL AND GENERAL ADMINISTRATION UNDERSTANDING OF INDIAN ACT AND ABILITY TO WORK WITH INDIAN PEOPLE. GENERAL KNOWLEDGE OF SOCIAL PROGRAMS, TENDERING AND CONTRACT PROCEDURES - FARMING AND RANCHING. INTERESTED APPLICANTS SUBMIT LETTER IN OWN HANDWRITING TO: SECRETARY - ERMINESKIN BAND, BO 219, HOBBEMA, ALBERTA, NOT LATER THAN DECEMBER 28, 1971. PLEASE INDICATE EDUCATION, WORK HISTORY, PROVIDE REFERENCES AND SALARY REQUESTED. INTERVIEWS WILL BE HELD FOLLOWING CLOSING DATE OF APPLICATIONS. FOR FURTHER INFORMATON CONTACT THE ADMINISTRATOR - HOBBEMA, PHONE 585-3790. MAJOR CROPS There are more than 20 horticultural crops grown in Canada wth a farm value of more than $1 million each. By Gene Fawcelte THE "WINDOW OF THE FUTURE" IS NOW! FIRST REPORTED HERE| AS EXPERIMENTAL TWO YEARS AGO, IT'S NOW AVAILABLE AS A WINDOW WHICH INSULATES AGAINST HEAT OR COLD, MUFFLES UNWANTED SOUNDS, SCREENS OUT SOLAR GLARE-AND WARMS ITSELF... 5 coatin& /ienecTs heat 4NPl/6Hr^f/P/llSO CON' oucTS eieamcrTYTowAMi '5 obloin odd,*,, to wrtte W furih*'  tivilaps to NEW) e/o Cottodo Wid�. 245 St. Jamti SI. W., Motilrtal 126, CortatJB. ISeiK) York stocks (Supplied By Richardson Securities of Canada) Dupont 136.75'^ W�lworm�''' "To AVERAGES gT, 80.00 Westlnghouse Elec 45.W/7 ^0 Indust 871.61 up .22 M Harvester 28.M ^leel 30.37./, ?0 Ra'ls 239..sulphur companies and the governments of Alberta and Saskatchewan objected to Canadian Pacific's bid. The objectors stressed the purchase would lessen competition between various modes of transportation. Commercial Solids, controlled by Shell Canada Ltd., is re-sea,rching the pipeline movement of sulphur but has no immediate plans to construct a sulphur slury line. F. S. Burbidge of Montreal, Canadian Pacific vice-president, told the commission his company wants sulphur traffic to continue by rail as long as it is economical. It wants to be in a position to offer traffic by pipeline if rising costs make it impossible to continue sulphur shipments by rail, he said. Tractor plant site talked MOOS'E JAW (CP) - City officials met with a delegation of Romanian officials hero lo discuss location of a proposed tractor-assembly plant. Mayor J. E. Pascoe said "it would appear the Romanian officials are keeping an open miind in regard to the best possible location on the prairies." "We think Moose Jaw is an ideal site for the factory because of our location in the centre of the wheat growing area and our direct connection with American markets." the second .$2,765, but 'since such sales require ministerial approval before being valid, the minister's letter pre-empted the county's action. Mr. Russell told the brothers that their $300 down payment 10 days ago on the taxes owed was what prompted his intervention. The brothers, who spent the depression years working on British Columbia fruit farms to raise the money to buy their farm, have promised "to sell cattle as early as possible" to pay off the taxes. Dividends By THE CANADIAN PRESS Loblaw Groceterias Co. Ltd., pfd. series B 40 cents Jan. 15, record Dec. 28. G. Tamblyn Ltd., common 20 cents plus extra of 25 cents; pfd. 50 cents, both Jan. 3, record Dec. 20. Canadian Pacific L t d., ordinary 34 cents; four per cent Canadian funds pfd. 30 cents; four per cent United Kingdom pfd. 26 cents Canadian, all Jan. 28, record Dec. 22. FARM RETURNS Total cash receipts from farming in Canada reached a record $4,385,378,000 in 1968. RECONDITIONED COMMERCIAL SHUFFLEBOARDS FOR SALE Phone 327-7110 UNITED SHUFFLEBOARD AND. GAMES GROUNDS SUPERVISOR The Medicine Hat School District No. 76 requires the services of a qualified man to assume complete responsibility for a year round grounds maintenance program. The successful applicant will have training and experience in horticulture as well as experience with the mointenance and repair of grounds service equipment. This is a permanent position offering an excellent starting salary and a fu.il range of fringe benefits. Apply in confidence giving complete resume of experience orH qualifications no later than January 14, 1972 toi E. MURRAY, Secretary-Treasurer, Medicine Hat School District No. 76, 601 First Avenue S.W. Medicine Hat, Alberta. DEPARTMENT OF EXTENSION MANAGEMENT DEVELOPMENT CERTIFICATE PROGRAMME SPRING TERM DEPARTMENT OF EXTENSION THE UNIVERSITY OF ALBERTA Course: PERSONNEL ADMINISTRATION* Duration and Time: 17 weeks, Monday evenings, 7-10 p.m. Commencing: January 10, 1972 Instructor: Ralph Thrall, Jr. * This course is accepted by the Institute of Canadian Bankers as credit toward their Fellowship. For further Information pleas� write CERTIFICATE PROGRAMMES, Deportment of Extension, The University of Alberta, Edmonton EATON RECORD PRICE CORRECTION A correction on the record od that appeared in Thursday nighfs Lethbridge Herald is as follows: TOP HIT STEREO LP's 429 A/lanufacturer's Clearance of Stereo Albums SALE, EACH ^ "^^ We are sorry for any Inconvenience caused our customers through this error in the record ad. Please accept our apology. ;