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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 10, 1971, Lethbridge, Alberta THI HtMID 29 rworuuij prepared to revieiv ml conirif EDMONTON' Oil. air hemical and Atomic Workers tin iternational Union says if the 1 industry is prepared to re- lot uce the costs of its products to i the tublic the union is ore- j iniii-o rcrirwl ar.d double1 "All Soeals have been ad-le for all overtime. vised they will be given strike n addition, Mr. Reimer said authority if companies do not als are expecteo to continue co-operate in helping to clean e m p h a size environmental lip the environment and pro-alth and oollution issues at vide protection against Market .LT JLtAJL Am-Vy register TORONTO (CP) The Toronto stock market dropped moderately i n mid-morning trading today. On index, industrials were down .66 to 177.94, base metals .66 to 93.81 and western oils 1.01 to 206.12. Golds advanced 1.82 to 183.91. Volume by 11 a.m. was shares, up from at the same time Tuesday. Losses outnumbered gains o 94 with 183 issues unchanged. 1 Weakest sectors were bever-ges, pipelines and steels. Kerr-Addison was down V- to 0 The comoanv reduced uarterly dividend to 10 cents a hare from 14 cents. Among other declining issues, efferson Lake lost to maseo to Sherritt o S17V4, Denison to udson Bay Mining to anadian Homestead 10 cents LUNAR ECLIPSE Earth's shadow moves across face of the moon early Wednesday morning In lunar eclipse. The moan is shown, from top left to battom right, entering and leaving earth's shadow. _________ ____ _______________ _____ Preview its monetary the local levels. on a new contract, i Nell Reimer of Edmonton, Canadian director, said cdav in a news release the ecision was made at the inion's two-day oil bargaining iflUcy conference which ended 'eb. 1, in. Toronto. d He said participants in the f onference included repre- he LOS A.NGELES (AP) "It dn't matter where I put my >et, the fleer wasn't there" "It felt like driving it was a flat tire" "I fell down and hung on to the sink and started praying." Those are some southern Californians describing how T u e s d a y 's earthquake hit them. "The building shook like it had been wrung by the said a doctor who was giving oxygen to a patient in a hospital emergency room when the' jolt came at dawn. A suburbanite: "Everyone in our apartment complex turned out. Some were not dressed for patio living." "The woman fronr upstairs came down said an apartment dweller. "She said even the bolted-down toilet seat flew off. Then she got into her ear and drove away." "The water cooler broke and about four gallons went on the kitchen said a housewife. "Lamps toppled, dirhes fell and the sidewalk cracked out front. The windows rattled like someone was pounding them with a sledgehammer. I thought our house was going to slide down the hill." WANTS OUT "It woke me up and I said 'Jesus' and ran toward the kids said a young father. "Our Eon and daughters were already crying and the earthquake was shaking the girl's crib. Our house wasn't hurt but the first tiring my wife said to me when we were back in bed was, 'Let's get out of California.' "The firs' thing I did was sit straight up in said a late-retiring bachelor. "I was really groggy. 1 thought it was a dream or thunder until I saw the walls move." "The acoustical tfle started falling from the ceiling and took a header under the said an office worker already on the job. of local unions bar-aining with all major oil and >etro-chemical companies. Independent unions also were j ewesented and "non-union Toups have also indicated sup-jort of the OCAW program.' Air Reimer said oil con-racts open for negotiations March 15 and expire July ID ard cover about Major employers have cee'n advised of the union's demands. b The main national demands A include: A two-year agreement pro- g vidmg for a 10-per-cent wage p increase each year; lr Elimination of regional dis- a parities; The bull payment of all bene- s fit costs bv comnanies. Some n "firms already are doing this, n The OCAW also wants the u retirement age reduced to 62 from 65 with no decrease in fi- 8 nancial benefits and wants va- t cation pay increased to time- and7a-half instead of the pres-ent straieht time. Also, the union wants in- l creases in pensions for Lethbridge Livestock Supplied by Canada Department of Agriculture) On cffer to a.m. 220 ittle. Receipts almost entirely iitchsr steers, trade active. 11 classes of light weJght utcher steers meeting very cod demand, prices about 25 arts higher. Heavy poor yield-g steers being discounted by bout per cwt. The few utcher heifers on offer sold teady. Gooc1. heavy replace-ient steers meeting good de-land from local feeders, sell-ag at strong prices. Choice steers 31.75 to 32.40; ood 31.25 to 31.75; medium 29 o 30.75; choice heifers 29 to 9.50. Good heavy feeder steers 900 0 Ibs. 29.50 to 30.50; 700 o 900 Ibs. 31 to 32.50. Butcher hogs sold Tuesday ,o.b. Lethbridge 22.70 to 23.20 >ase price. Calgary Livestock CALGAHY (CP) On offer o 11 a.m., about head; nostly mixed classes of slaugh-er steers and heifers. Trade was moderately active on steers, active on heifers and cows. Slaughetr steers were 50 cents lower; heifers and cows were steady with some cows selling to 21.50; bulls were 50 cents lower. Choice slaughter steers 31.75 to 32.40, good 31 to 31.75, medium 29.50 to 30.75. Choice heifers 29.25 to 29.80, good 28.50 to 29.25, medium 27 to 28.25. Good cows 20.25 to 21, medium 19 to 20, canners and cutters 16 to 18. Good bulls 24 to 25.50 Replacement cattle w e r e in short supply selling steady No stock calves were on offer early. Good feeder steers more thai 750 pounds 30 to 32.90, good stock and feeder cows 18 to 22 Hogs base price 22.55. Lambs were higher Tuesday with good kinds 26.5 to Grain prices Winnipeg Grain WINNIPEG (CP) Trading dropped off in all commodities at mid-session on the Winnipeg Grain Exchange today. Prices were moving on a narrow range. Exporter demand for flax and rapeseed appeared to be filled and commission house offers were a little heavier. Oil-seeds maintained fractional gains on Kght trade. Oats and barley had a ligh domestic shipper trade and rye was inactive. Export loadings of Canadian wheat Tuesday included bushels to Hong Kong, to Peru and to Venezuela. Volume of trade Tuesday included bushels of flax, of rapeseed and of. rye. Mid-session prices Flax: May higher Julv higher 2.56V'sB, Oct. s, higher 2.59A. Rapeseed Vancouver: Marc higher May unc 2.84B, July higher Rapeseed Thunder Bay April 2Va higher S.OSVaB, Jun Vz higher 2.90A. Oats: May higher 2.86V2 July, Oct. not open. Barley: May lower 1.32% Oct. not open. Rye: May, July, Oct. no open. Prices for Class Two whea Tuesday for export to countries outside ISA: 1 Nor 1. 1; 2 1.79 3 4 1 Durum -2 3 1.67y2; IGA prices: 1 Nor. 1.8 2 1.79; 3 4 1.68% 1 D rum 1.79 2 3 1.67% 4 1.63V8. Grain quotes Tuesday (basis High Low Close Flax May' 131% 254% 257 Jly 255% 252% 2553i Oct 258% Rapeseed Vancouver Mar" 313'A 311% 311% May 285% 284 284 Jlv '274% 274 Rapeseed Thunder Bay Apr 303 301% 303 Jun 289% 289 289% Oats May 86% 86 BP Oil and Gas 15 cents -o and Canadian Export Gas 15 cents to Unas Investments rose to 12, Aquitaine V, to Shell 4 to Simpsons Va t1 Asamera 16.75 'nt UI" KIQ elnH lnter Sleel B P Oil 660 Jell Lake cin sSlltern S.SO Cdn Exp Gas Kaiser Res "lo'" "K MR ce cl" K Pfd llw MGF Manage Cdn Indus Gas 11.17V! coTCrlor STB? str SKM Chhflin 7M she" CaMda Great Plains 31.SO Siete Ralnar IS ffl North Cdn Oil CALSAR KSS S'peie E 'is sE8- SSSK Spocner PIPELINE SI West Decalla 6.20 Alia Gas Tr L MISCELLANEOUS Alia Gas Tr L INDUSTRIALS Alta Nat Gas ora Indus 7.50 Cdn W Nat G tea Indus 6.75 Inland Nat G< quataine 25.25 N and c rit Nfid Corp 5.37'A N and C B P dn Brew A 30-50 Gai Metro dn Brew B 37.75 Gas Metro Pfd dn Hyd Carb 16.25 Tr Cdn Pipe dn Pac inv 27.CO Tr Cdn P P .P.R. Pfd 8.75 Tr Cdn P Pfd rowsnest Ind 27.00 Tr Cdn P We ygnus A 5.67.V2 Westcoas, Tr iygnus B 7.87Va F Sds A75 AGF Special Gt Cdn Oil Sds 100.00 All Cdn Com tome Oil A 28.75 All Cdn Divid lome Oil B 28.00 All Cdn Vent Home and Pit 305 Amr Gr F lud Bay Co 17.00 Cdn In Fund lud Bay Oil 40.75 Col Mutual Hud Bay Oil 58.50 Cmnw Inter Hush Rus Pfd 22.00 Cmnw Lev Husky Oil 17.50 Corp Invest Toronto mines Supplied by Richardson LAST BID 0 a.m. Quotes! n.m. MINES New Imperial ,-r SEC. Advocate Asb. 2.55 Akaltctio -52 Osisko Area Mines 1.50 Patina Black Bay pine Point Bralorne 2.25 placer Dev. Broulan -35 Placer Dev. Bethlehem 13.87Va p.c. Exp. Brunswick 4.BO Quebec Man Canada Tung. 2-22 Rayrock Cassiar Radiore Central Pat. 2-39 Rio Algom Chimo Roman Corp. Conwest 9-B5 silvertields Cons Rambler .83 Sherritt Gordo Coin Lake -'3 Silver Miller Coihenour .44 sieep Rock Dickenson Mines 1-40 siscce Denison Mines .30 jek Corp. Deer Horn -08 Texmont D'Eldona -76 upper Canada Dome Mines 64.25 Western Mine Donalda -18 Wright Har. Discovery Mines 1.06 Willroy East Malartic 1.10 windfall East Sullivan 3.45 Yellowknife B Falconbridge 140.00 zenmac Frobex INDUSTR First Maritimes 1.10 Abitibi Giant Y.K. Alcan Gunnar !-B3 Algoma Steel Granduc 6-75 Atco Ind Headway R.I 13-00 Allan Sugar Headway R-L. 13.00 Bell Tel Hollinger 37.CO Brail Trac Hudson Bay M-S 21.00 B.C. Tel Hydra Ex. -19tt Burns Highland Bell 3.10 B.C. Forest iron Bay 3.55 B.C. Suqar len 1 CAE Joliet Quebec .22 1 Brew Kerr Addlson 10.00 Chernce 1 Key Anacon -23 Co Labrador 3J.50 g 1 Pomr LakeShor. 3.25 Le'lch Cdn Indusl Ungis Sllyer Canaoa s S Madsen R.L. .82 cdn Marccni Malartic G.F. .74 cdn vickers Martin McNeely 10.00 Chrysler Maybrun .UVi CPR Maclntyre 132.00 cominco Mela -20V; cons Bath Midrim -30 Cons Gas Intern Mogul 12.75 Dist Sea New Athona .151-'; Dom Bridge New Calumet .24Vj ry, Montreal fliouse and McCuaig' SALE olts) a.m. tuoTesl 4350 Corp In St F 4.83 5.M Dreyfus F U.S. 11.97 13.12 12.50 Gr Equity 6.03 6.62 6r shares 3.37 3.71 8-50 invest Gr 10.68 11.68 ".CD Invest Mutual 5.23 S.71 Mutual Ac 5.20 5.72 S.62VJ Mutual Gr F 1-10 Nat RCS 7.25 7.97 2.85 N vv Fin 4.34 4.77 2.00 N w Growth 5.16 5.67 Principal Gr 3.99 4.38 5.95 Rovlund 5.53 29.62'A Un'tea AC 5.11 18.25 Universal Say 7.14 7.S4 VANCOUVER 3i50 Anuk -29 15-25 Arctic Mining .16 3.25 Atlas Explor 3.55 Copper 13.S7V2 17.12'A Bornile RWe f Block Bros 4-35 1.00 Brenda 7.50 .09V; B.C. Sugar 17.3714 .Oil's B C Suqar Pfd 15.75 capt Inter 4.90 Churchill Copper 1.00 -42 Col Cellulose 6.50 .28 Coronation Credit 1.30 .14 Crestbrook For 1 fi.00 POCKS Croyden 25 A Dolly Varden .3? P 79.00 Dynasty 4.S5 24 50 Endako is Fort Reliance .51 s 12 '5 Giant Mascot 4.40 1575 Sranisle 9.S5 fd 3K? A 65.00 HVS 5.50 3300 Interior Brew 5.25 d Jericho -10 A 65.00 KamloopS Copper J2 2.54 Okanagan Helfcop 4.15 7 57 8.27 Primer -T6 9.50 Pyramid 36 Silver Stand 1.55 5 'jiO 5 71 Texmont -73 4 39 A.M. Trojan fi 05 6 64 Western Mines 3.30 ,2'.08 13.24 Westcoast Res .14 3 14 3.34 Western Explor .31 5.43 5 93 Ullca -51 industrials Securities of Canada R SALE Humes) a.m. 1.36 Dom Textile 15.37'A 31.25 Dom stores 10.12Vi Dome Pete 85.50 '.30 Fam Play 10.25 27.50 Fd of Amerr 53.00 28.50 C-t Cdn Oil 4.85 34.50 Gen Motors 82.00 34.50 Gt Lams Pap 21.25 1 07 Gulf Oil Cda 20.B7V2 '20 Hawker Sid 2.55 Huron, Erie 20.25 Hiram walk 39.12'A in'nti Imperial Oil 19.00 imperial Tob 17.25 i Int Nickel 46.25 Int Pipe 26.75 Iny Gp A 8.50 int utilities- 37.00 Indus! Accept 16.62'A !-'l Laurentide 7.621'! 5-90 Kelly Doug A 5.12'A .73 Lce'J 3-ES 2.00 Loblaw A 4.95 s 3.35 Metro Stores 34.50 1.30 Massey Ferg 1.17 McMillarn Bloe 27.50 .14 Moore Corp 35.00 r 5.45 Molsons A 16.25 .IIV; Molsons B 16.12V2 IALS North, Cent B 37Vz Pembina Pp 23.25 22.50 Pcwer Corp 5.50 15371'a Price Co B-50 8.50 Rolhmans 14.75 7 75 St Law Corp 19.00 47.00 Shell CDA 3J.42V4 17 co Simpson's 10-u 64.00 Slmrj Seers 23.00 Steel of Can 26.75 23.87V, Selkirk A ".50 17.37'A Texaco 30 50 5.62V2 Traders Gp A 9.75 775 Trans Mtn Pp 21.3714 5 25 Trans Can Pp 33.00 f, so Union Gas 15.3712 26 Union oil 42.00 1 30 Versatile Mfo 3.60 1V25 Westeel 11.00 11.75 Union Car 15.50 30.00 Weslon's B 19.12'.! 3 45 Woodward's A 19.75 8.50 West Cdn Sd 3.55 27.25 Zenith Elec UO 2200 BANKS Id'wj Can Imperial 19.75 19.75 Montreal 14.50 51.50 Nova Scotia 23.87W Royal 23.75 15.25 Tor-Dom ome Oil earnings decline CALGARY (CP) Home Oil Do. Ltd. had operating profits of or 58 cents a share luring 1970 compared with or 73 cents a share in 969. The company also had an ex-raordinary gain of iuring 1970 from the sale of securities. The earnings were on a gross revenue of the highest in the company's history and an increase of 8.3 per cent from 1969. Home, in a preliminary financial report, said long-term debt was reduced to SJ65.3CO.OOO by sale of securities and included in bank loans. At the end of 1970, market value of investments in Tran-seanada Pipelines Ltd., Atlantic Richfield Co., Calgary Power Ltd. and others was The higher gross revenue was due mostly to more sales of crude oil, natural gas and natural gas liquids. The earnings decrease was attributed to an extra provision of for depletion. Crude oil production was up 14 per cent to an average of 18.994 barrels a day and daily sales of natural gas averaged 89.2 million cubic feet compared with 69.9 million cubic feet in Former mail truckers bar doors MONTREAL (CP) Downtown offices of the Confedera-ion of National Trade Unions were still locked to all employees today as 352 former employees of the G. Lapalme Inc. mail rickup service continued their jccupation. The former truck drivers, who took over the CNTU offices "uesday morning, spent the night in the seven-storey build-ng sleeping on floors and tables while "negotiations" between CNTU officials and the union went on late into the night. WANT JOBS The men have vowed not to leave the building until the CNTU forces the federal government to give them jobs. Thev have been unemployed since losing their jobs last March when G. Lapalme Inc. failed to bid on renewal of a mail pickup and delivery contract on Montreal Island. In the ensuing dispute, the federal government took over mail delivery operations on the island and offered many of the drivers jobs in the public service. The drivers objected because joining the public service meant they would have to give up their union prices EDMONTON (CP) Prices to 11 a.m. provided by the Alberta Hog Producers Marketing Board: Edmonton: Quoted 22.50 to 22.50, selling 22.50. Average Tuesday 22.59. Calgary: Quoted 22.55 22.55, selling 22.55. Average Tuesday 23.06. Red Deer: Quoted 22.55 to 22.55, selling 22.55. Average Tuesday 22.71. Lethbridge: No sales. Average Tuesday 22.32. Lloydminster: No salesv Average Tuesday Il.fcO. i Grande Prairie: No sales. 1 Total hogs sold 302. Average i Tuesday 22.65. Sows average Tuesday 13.55. shares take big drop LONDON (Reuter) Rolls Soyce shares plummeted tc 'our cents each in the first 1 minutes of hectic trading wher dealings in the collapsed com pany resumed today on the Lon don Stcck Exchange. Shares had stood at 90 cent when dealings were suspende at the company's request jus before it called in a receiver sb days ago. The value continued to flue tuatc wildly through the mom ing before steadying at. betwee six cents and 12 cents a share. Rolls-Royce shares reache their high in 1968 when the stood as blue chips at KILLS 34 BANGKOK (Reuter) Thir ty-four persons were killec when two buses collided head-oi in central Thailand, police saic today. Seventy other passenger were Jly 86% Oct 87% Barley May: 132% 131 132% Jly 129% 130% Oct Rve May UNANSWERED PHONE IS LOST BUSINESS! LETHBRIDGE TELEPHONE ANSWERING SERVICE LTD. Phone 328-1701 24-Hour personol in terms of Canadian funds up 1-32 to 27-32. Pound sterling up 3-16 to YORK (CP) Cana dian dollar down 1-32 at 99 17-6 in terms of U.S. funds. Pound sterling up 3-64 at Jly "418 Oct light trading hi live beef futures on the Winnipeg of College Academic Division required by GRANT MacEWAN COMMUNITY COLLEGE EDMONTON, ALBERTA Grant MacEwan Community College will commence operation of classes in a variety of programs in September 1971. The College requires an able head for its ACADEMIC DIVISION. The Academic Division ot the College is responsible for the support courses in Sciences, Mathematics, Ar s, Humanities and Social Sciences for varied study programs. The successful candidate will hove a minimL-m of Master's Degree. The candidate is required to have sound academic qua ifications, 'experience in ing educational adm nistration, and open to ina patterns of educational methodologies and challenges. 1 Availability to College requires candidate to be on staff by Apr! 15, 1971. Part-time consul-1 lotion oricr lo that date would be expected. So'lary commensurate with responsibilities and experience. Apply, with full resume by Feb. 19, 1971 i 10: Office of the President, i File Grant MocEwan Community College, 200 10355 Jasper Avenue, Edmonton, Head of Applied Arts Division required by GRANT MacEWAN COMMUNITY COLLEGE EDMONTON, ALBERTA In September 1971 C-ront MacEwan Community Colleqe will commence c ass operations for programs leading to diplomas in Early Childhood Education, Social Sciences, Child Core Workers, Communications Arts Teaching Assistants and Library Technicians, etc To co-ordinate these diverse programs, supervise start and share in development of the Colege, we requ re a sound academician, with varied background, ond proven administrative experience. The successful candidate will require a Master's degree or a Bachelor's degree plus relevant experience, with a flexible approach to changing educational challenges. The selected Head of the Division will be required to be on full-time staff by April 15, 1971 and available for part-time consultation prior to that date. Salary commensurate with responsibilities and experience. Apply with full resume by February 19, 1971 to: Office of the President, File No. Grant MacEwan Community College, 200 103S5 Jasper Avenue, Edmonton, futures market Tuesday with contracts in March at current levels. Four contracts were executed Monday. Open High Low Close Mar 32.75 32.75B May 3225N July futures WINNIPEG (CP) Th Maritime potato futures mark had a light trade Tuesday wit contracts in the Hay futur There were no contracts Ho day. Open High Low Mar 1 Anr 2-50 May 2.91) Net earnings 1 By THE CANADIAN PRESS f Alberta Natural Gas Co., year ended Dec. 31: 1970, 4 cents a share; 1969 Sl.216.000. S1.43. i Canada Trust-Huron and Eric vear ended Dec. 31: 1970 jt 41.13 a share; 196S S5.454.0CO, York stocks Supplied by Richardson. Securities ol Canadi Amr T 51.37V, Ward 3J.B 20 lEysIr1 AREA Canada has an area of abo square WM Co. CHARTERED ACCOUNTANTS 1003 4th Avenue South, e EDMONTON (CP) Weekly egg and -poultry report issued by the Alberta Department of Agriculture: Eggs To producers A large 39; A mcdiunr 33; A small 16; B 19; C 6; cracks 6. To retailers A large 51 to 52' A medium 45 to 46; A small 28 to 29; B 33 to 34; C 19 to 20; cracks 19 to prices (Two cents extra in cartons To consumers (in large 55 to 56; A medium 48 t 51; A small 31 to 36. Poultry To producers -Live No. 1 chicken broilers, 2 Turkey Under 12, 25H; 1 to 18. 26' 2 over 18, 2-1. Liv No 2 chicken broilers. 17'. Turkev Under 12. 22V4; Announce the opening of a PROFESSIONAL OFFICE i At 140 Main Street North 0 i MILK RIVER, ALBERTA J" Attended Thursdays 9 a.m. to 4.30 p.m. c TELEPHONE Lethbridge 328-4426 Milk River A47-3544 2 I ;