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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 12, 1971, Lethbridge, Alberta Friday, February !2, 1971 THE IETHMIDCE HERALD It Fractional rise in stock prices TORONTO (CP) The To- ronto stock market moved frac- tionally higher in active mid- morning trading today, inter- rupting two consecutive losing sessions. On index, industrials rose .13 to base metals .23 to 94.22 and western oils 1.83 to 209.97, golds dropped .10 to 180.82. Volume by 11 a.m. was shares, up from at the same time Thursday. Gains outnumbered losses 104 to 8S with 198 issues unchanged. Merchandising and steels led advancing sectors. Among rising issues, Falcon- bridge was up 1 to Pacific Pete to Ford of Canada to Canadian Industrial Gas Vt to Mattagami Vt to Bethlehem to Canadian Homestead 25 cents to and Asamera Vs to Cominco dropped to Nova Scotia Light and Power 'h to Shell Canada V4 to Mclntyre 2V4 to and BP Oil and Gas five cents to LIGHT TRADNG MONTREAL (CP) The Montreal stock market moved higher in all sectors except banks in light early trading today. The composite index was up .54 to 175.65. Combined volume on the Mon- treal and Canadian Stock Ex- Mark holiday NEW YORK (CP) Many commodity markets and all banks were closed today in ob- servance of Abraham Lincoln's birthday. Stock markets, open today, will be closed Monday in ob- servance of George Washing- ton's birthday. All major com- modity markets and banks also will be closed Monday, but the Chicago livestock market will be open. The London Stock Exchange, dosed since Wednesday to con- vert prices to Britain's new dedmal system, will reopen Monday. Miscellaneous quotations Vancouver, Calgary. Montreal (Supplied by Doherly, Kwdaouse and McCuaig) LAST BIO OR SALE mm. changes was shares at 11 a.m. compared with at the same time Thursday. On index, industrials were up .65 to 180.55, utilities .01 to 152.67 and papers .21 to 93.09. Banks were off .53 to 178.63. Cominco, off to re- ported 1970 net income of million or a share, down from millkm or in 1969. The company said increased costs, i general decline in metal prices and the floating Canadian dollar affected the latest earn- ings. International Paper was off to Asbestos to and Dominion Glass Vi to Pacific Petroleum gained to SHOW GAIN NEW YORK (AP) The stock market clung to a slim gain in active trading early this afternoon. Brokers had expressed the opinion that investors would move cautiously in advance of the holiday weekend. Securities exchanges will be closed Mon- day for George Washington's birthday. The Dow Jones average of 30 industrials at noon held an ad- vance of 1.50 at 886.84. AMONG CANADIANS Walker-Gooderham was up at and Alcan at Dome tacked on V4 at and Canadian Pacific Vi at W4, Hudson Bay Mining lost at On the American Stock Ex- change, Scurry Kainbow Oil jumped two points to Cana- dian Marconi was up at Molybdenite Canada was off Vs at Potato futures WINNIPEG (CP) The Maritime potato futures market was quiet Thursday. Open High Low Close Mar 2.45N Apr 2-50A May _______ WESTERN OILS Alta East Gas Almlnex Asamera Banff B. p. oil Can Southern Cdn Exp Gas Ashland Grid Cdn Home Cdn Home Pfd Cdn Indus Gas Cdn Long Is Cdn superior Cent Del Rio Charter Chleftan Dome Pete Dynam Pete Total Petrol Gt Plains Mill City New contlnt North Cdn OH Nui 675 1.1! 2.60 2.25 .75 5.90 31.00 18.25 11.75 Permo Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Spooner West Decalla MISCELLANEOUS INDUSTRIALS Agra Indus Atco Indus Aquatalne Brit NHd Corp Cdn Brew A Cdn Brew B Cdn Hyd Carb Cdn Pac Inv CPR Pfd Crowsnesf Ind Cygnus A Cygnus B Cum Prop Gt Cdn Oil Sds Hugh RUS Ptd 4.90 Husky Oil 5.75 Husky OH B 17.50 Husky Oil War 12B716 Inter Pro Pipe e.50 Int Utll Pld 5.75 Inter Steel 4.40 Jeff Lake Joutel 875 Kaiser Res 14.00 Kam Kotia 11 so Lake Out Pt .72 MGF Manage. 39.63MJ Mentor 12 87W Newconex 7.10 Pac Pete 7 30 Rank Organ 86.75 Selkirk Hold 1 22 Shell Can 6.95 Shell Inv Pfd 32.00 Shell Inv Wts 1 B-l Sicks Rainier .85 West Cdn Sd 7 90 White and Yuk 8.00 CALGARY .72 Acroll Anac Pete Barons Oil North Cont Plains- Pete West Warner Madison Rexdale PIPELINE STOCKS Alta Gas Tr L A 47.75 Alta Gas Tr L Pfd 78.00 7 37V, Alia Nat Gas 24.25 Cdn West Nat Gas 15.75 2s'2s Inland Nat Gas 12.25 5 js N and C 15.75 3075 N and C B Pfd 32.50 Gaz Metro 4.70 16 12'A Gas Metro Pfd A 63.25 MtS Tr Cdn Pipe 32.50 ,'m Tr Cdn P Pld 42.75 n 00 Tr Cdn P Ptd A 62.00 562'A Tr Cdn Pipe War 10.50 7 37i2 westcoast Tr 1650 Western Pacific 21.75 Corp In St F 4.14 5.29 17..7V4 Gr 'Equity 6.03 6.62: 44.00 Gr In Sharif 3.36 3.70 9.40 invest Gr 10.6911.68 12.25 IftVHt Mutull 5.23 S.72 34.25 [OS Vent 8.62V4 Mutual Ac 1.11 5.70 11.50 Mutual Gr f 4.95 5.44 oo Mutual In 4.95 5.44 Nat RM 7.H N W Fin 4.30 4.73 N W Gr 5.11 H W Equity S.99 t.St Principal Gr 3.9t 4.37 Prov Mutual 6.M 7.17 United Ac 4.43 Universal Sav 7.10 7.10 VANCOUVER Anuk Arctic Mining Atlas Explor MeDERMOTT In memory of a dear son, brother and uncle, toward William McDermott, 'ho passed away February 12, 1964. His memory is our greatest treasure, In our hearts he will live for- ever. and dad; Madeleine, Bill and family; Mark, Gerry and family; Bob, and Judy. 4411 1 26 .80 1 33 63 15 25 25 so 2.02 6.15 Borntle Ridgt Block Bros Brenda B.C. Sugar B.C. Sugar Pld 'o6Vi capt Inter K Churchill Copper Col Cell Coronation credit .36 .14 .59 14.00 .12 .42 .34 .16 4.25 4.15 17.37'A 15.75 4.80 1.00 4.25 1.30 Crestbrook For Ind 6.50 Croyden Dynasty Endako Fort Reliance Giant Mascot Granlsle Key Indust Growers B Hys Interior Brew Jericho Kamloops Copper Lornex Lytlon Minerals New Cronln New Imp Mlnss Okanagan Hellcop Primer .25 4.75 14.00 .49 4.45 10.12'A .25 3.00 2.60 4.90 .10'A .12 4.15 2.18 .08 1.35 Gt Cdn Oil Sds 100.00 AN UNANSWERED PHONE IS LOST BUSINESS! LETHBRIDGE TELEPHONE ANSWERING SERVICE LTD. Phone 328-1701 24-Hour Personal Service COUNTY OF VULCAN NO. 2 requires SUPERINTENDENT OF SCHOOLS The County of Vulcan No. 2 employs 89 staff members In nine Enrolment is made up of 940 elementary students, 500. junior high students and 400 high school students. High school focilities are mainly centralized in Vulcon. Chief Executive Officer of the School Committee To be determined considering qualifications and experience. COMMENCEMENT DATE: To be arranged. Expected to be March 15-Apnl 1, 1971. CLOSING DATE: February 15, 1971. Applicants are requested 10 submit a written resume of their training and experience, references and salary expected to Selection Committee Chairman, Superintendent of Schools Competition, County of Vulcan No. 2, P.O. Box 180, VULCAN, Alberta. ___________ Head of College Academic Division required by GRANT MacEWAN COMMUNITY COLLEGE EDMONTON, ALBERTA Grant MacEwan Community College will com- mence operation of classes in a variety of programs in September 1971. The College requires an able head (or its ACADEMIC DIVISION. The Academic Division of the College is responsible fnr the support courses in Sciences, Mathematics, Arts, Humanities and Social Sciences for varied study programs. The successful candidate will have a minimum of Master's Degree. The candidaie is required to have sound academic qualifications, experience in teach- ing, educational administration, and open to chang- ing patterns of educational methodologies and challenges. Availability to College requires candidaie to bo on full-time staff by April 15, 1971. Part-time consul- tation prior to that date would be expected. Salary commensurate with responsibilities and experience. Apply, with full resume by Feb. 19, 1971 to: Office of Ihe President, File Grant MacEwan Community College, 200 10355 Jasper Avenue, Edmonton, Alberta. 500 MUTUAL FUNDS Pyramid .36 All Cdn Com 7.56 8.26 Silver stand 1.48 Home Oil A 27.50 All Cdn Vent 3.33 3.66 Texmont .69 Home Oil B 28.00 Amr Gr Fund 5.20 5.71 Trojan .26to Home and Pit 2.00 Cdn Invesr F 4.42 4.85 Western Mines 3.30 Hud Bay Co 17.00 Col Mutual 6.03 6.62 Westcoast Res .14 Hud Bay Oil 41.00 Cmnw Lev 3.14 3.44 Western Explor .31 HUd Bay Oil 57.25 Corp Investtl 5.41 5.91 Utica .52 Toronto mines, industrials Supplied by Richardson Securities of Canada t.m. Quotes) LAST BID OR SALE a.m. Quotes) i.m. Quolti) MINES Acme Advocate Asb. Akaitcho Area Mines Black Bay Bralorne Broulan Bethlehem Brunswick Canada Tung. Cassiar Central Pat. Chlmo Cr-nwest Cons. Rambler Coin Lake Cocnenour Craigmont Dickenson Mines Denison Mines Deer Horn D'Eldona Dome Mines Lionel da Discovery M'nes East Mai art ic East suinvan Falconbrldge Frobex First Maritime; Giant Y.K. Gunnar Granduc Headway R.L. Hollinger Noranda .07'A Northgate 2.30 OpemisKa .50 OsIsKo 1.55 Patlno -07 Pine Point Placer Day. P.C. Exp. Quebec Man Rayrock Radiore Rio Algom Roman Ca.-p Stlverfields Sherritt Sordon Silver Miller .12'A Steep ROCK .43 iiscoe 8.15 Tek Corp. 1.41 Texmont Upper Canada Western Mine; Bright Har. Wlllroy Windfall Yellowknlle Br. Zenmac 2.26 .26 U50 4.80 2.00 2d.75 2.35 1.63 9.60 30.00 63.SO .18 1.03 1.10 "3 70 1.10 Hudson Bay M-S 21.00 B.C. Tel Hydra Ex. Highland Bell Iron Bay Jcliet Quebec Kerr Addison Key Anacon Labrador Lake Langis Silver Madsen R.L. Mal-nrtic G.F. Merlin McNeely Maybrun Maclntyre Mela MidriTi Intern Mogul New Athona New Calumet New Imperial Abllibi Alcan 10.37Va Algoma Steel 1.92 Atco Ina 6.80 Atlan Sugar 13.00 Bell Tel 38.00 Brazil Trac Burns 3.23 B.C. Foret 3.60 B.C. Sugar 1.78 CAE Ind Cdn Brew Chemcell Col Cellulose Cal Power Coron Credit C.W.N. Gas Cdn Indust canda s S Cdn Marconi Cdn Vickers Chrysler CPR Cominco Cons Bath Cons Gas .15 Dist Sea Dem Bridge 1.33 Domtar 9.80 .33 34.50 3.30 1.62 .11 .85 .90 9.50 .13 127.00 .20 31.12'A Dom Textile 9.00 Dom Stores 10.37'A Dome Pete Fam Play 27.12VI Fd of Amer V8.75 Gt Cdn Oil 34.75 Gen Motors Gt Lakes Pap Gulf Oil Cda Hawker Sid Huron, Erie Hiram walk Imperial Oil Imperial Tob Int Nickel Int Pipe 2.60 Inv Gp A 1.87 Int Utilities Indust Accept Laurentide Kelly Doug A Loeb Loblaw A Metro Stores Massey Ferg McMillan Bloc Moore Corp Molsons A Molsons B .._. North, Cant !3.37te Pembina Pp Power Corp 8.25 Price Co 7.50 Rothmans 47.25 Et Law Corp 17.50 Shell CDA 64.50 Simpson's 10.75 Simp Sears 23.50 Steel of Can 17.37'A Selkirk A 4.75 Texaco 7.62VJ Traders Gp A 5.25 Trans Mtn Pp Trans Can Pp Union Gas Union Oil Versatile Mfg Westeel Union Car Weston's B Woodward's A West Cdn Sd Zenith Elec BANKS Can Imperial Montreal Nova Scotia IN MEMORIAMS Livestock market report Lethbridge Livestock AFTERNOON SALE Calgary Livestock CALGARY (CP) On offer to 11 a.m., about head; mostly replacement cattle and stock calves. Trade was active with a good local demand. There were DO choice slaugh- ter steers or heifers on offer; other grades sold steady; cows were mostly medium and can- Good feeder steers less than 750 pounds 34 to 37.40, more _ K2? 'ten 75fl pounds 30 to 33.50. Jess ner kinds at steady prices. Medium to good slaughter cows 20.25 to 21.10, medium 19 to 20, canncrs and cutters 16 to 18.50. Most replacement steers were less than 750 pounds and replacement hsifers w e r t usually less than 650 pounds. Stock calves were mostly in the 450 to 550 pound weight range. All grades of replacement cat- tle and calves sold on a gen- erally steady basis. SEMENIUK, Dr. Steve In loving memory a dear son and brother, Dr. Steve Sem- enluk, who passed away Febru- ary 12, 1966, in Rising Star Texas. You are not forgotten dear son and brother Nor will you ever be, As long as life and memory last We will remember thee. remembered a n c sadly missed by mother am dad, brother and sisters and their families. WINNIPEG (CP) There was only a moderate volume of rading at mid-session on the Vinnipeg Grain Exchange odav. Ir-'porters were active in Thunder Bay rapeseed, ap- parently to cover old orders, riax had a light trade with ome exporter interest and oats and barley were confined a domestic shipper trade. Rye was mostly inactive. Thursday's volume of trade was bushels of flax, of rapeseed and of rye. !.24 .17 1.55 .28 1B.OO 7.75 I.SO 17.25 5.85 .67 1.85 3.40 1.27 1.12 .15 5.35 .13 8.25 (.25 26.00 1.30 11.25 11.75 30.00 3.75 8.75 28.75 70.00 22.00 10.75 20.00 51.75 20.12'A Royal 15.25 Tor-Dom 15.62'A 11.00 86.75 56.50 82.8714 21.00 21.00 2.50 20.25 19.00 17.25 46.50 26.50 !.25 36.50 16.00 7.75 5.12V4 3.85 4.90 35.25 12.3714 27.00 34.25 16.25 -15.50 15.62H 23.25 5.50 8.25 14.62'A 19.00 34.50 18.37V4 23.50 26.75 11.75 30.00 10.75 21.25 32.50 15.75 42.00 3.60 11.00 15.42'A 19.50 19.75 3.55 1.50 19.75 14.62V4 22.75 23.'50 Hog prices EDMONTON (CP) Prices i 11 a.m. provided by the Al aerta Hog Producers Market ing Board: Edmonton: No market. Av erage Thursday 22.59. Red Deer: No market. Av rage Thursday 22.62. Calgary: Quoted 22.60 to 22.70, selling 22.70, average Thursday 22.85. Lethbridge: No market. Av erage Thursday 22.90. Lloydminster: N o market Average 21.92. Total hogs sold Thursday 10 31. Sows selling 13.39. New York stocks Supplied by Richardson. Securities of Canada Amr T and T Anaconda Bth Steel Chrysler Comsa! Dupont General Motors Gulf Int Harvester Kenn Copper 52.50 Montgomery Ward 36.50 20 Golds 1B0.74 off .18 2200 Sears 81.87V6 10 Base Met 94.46 up .4 22.75 ltd Oil of NJ. 72.00 15 W Oils 210.32 up Texas Gulf Volume 58.62Vb Texas Co 34.87WNEW YORK AVERAGES 141 50 Wool worth 45.00 30 Indust 8B6.84 up 1.50 WestinghousB Elec 76.12% 20 Rails 194.55 Up .08 US Steel 15 Utilities 125.10 up .87 TORONTO AVERAGES 65 Stocks 292.29 up 1.02 20 Indust 177.90 up .02 Volume 82.25 30 00 3315 39.25 Head of Applied Arts Division required by GRANT MacEWAN COMMUNITY COLLEGE EDMONTON, ALBERTA In September 1971 Grant MacEwan Community College will commence class operations for programs leading to diplomas in Early Childhood Education, Social Sciences, Child Care Workers, Communications Arts. Teaching Assistants and library Technicians, etc. To co-ordinate these diverse programs, supervise staff nnd share in development of the Colege, we require a sou.nd academician, with varied background, and proven administrative experience. The successful candidate will require a Master's degree or a Bachelor's degree plus relevant experi- ence, with a flexible approach to changing educa- tional challenges. The selected Head of the Division will be requir- ed 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 10355 Jasper Avenue, Edmonton, Alberta. Grain price review Toyota calls in cars TOKYO (Reuter) The Toy- ota Motor Co. said today it wil recall cars in the United States because of a defect in the undertray at the driver's seat. Tlie defective cars includec Corona cars exported in the period from March, 1969, to December, 1970, and Cor- olla cars shipped in the period from March, 1970, to January, 1971, the company said. The company said a bottle or similar object placed on the un- dertray was liable to fall when the car turned sharply and af feet the accelerator link. The defect will be mended by placing a small partition plat< on the undertray, the company said. Toyota said a small numbei of cars with the same defect also will be recalled in Canada SMALL PERCENTAGE Less than eight per cent o Canada is classified as occupier, farmland. 050 pounds 31 to 33.20, more than 650 pounds 27 to 30. Good stock steer calves 38 to 41.60. Sales of light weights to 43. Good stock heifer calves 31 to 34.50 with sales of light weights to 35. Hogs base price 22.60 to 22.70, currently 22.70. Mid-session prices: Flax: May 1 lower uly Vs lower Oct. ower 2.58A. Rapeseed Vancouver: March lower 3.14; May Vi lower ;.87y4B; July Vi higher Rapeseed Thunder Bay: Ipril %higher 3.12'iB; June 6 higher 2.90. Oats; May unchanged July and Oct. not open. Barley: May Vi lower July lower Oct. not open. Rye: May Va lower July unchanged 1.14A; Oct. not open. Prices for class two wheat Thursday for export to coun- tries outside IGA- 1 nor 1.E1 2 3 4 1.69; 1 Durum 1.79'4; 2 176V4; 3 167 4 1.63'A IGA prices: 1 Ninr 1.81% 2 3 4 1.69; 1 Durum 2 3 4 1.63'A Grain quotes Thursday (ba- sis High Low Close Flax May 258 256% 256% Jly 256% 255% 255% Oct 259 258 258% Hapeseed Vancouver Mar 318% 315% 317 May 239 286 287% Jly 276% 274% 276% Rapeseed Thunder Bay Apr 312 310% 312 Jun 289% 288% 289% Oats 87 86% Beef futures WINNIPEG (CP) The Winnipeg live beef futures mar- ket was moderately active Thursday with trades at cur- rent levels to five points higher. Open High Low Close Mar 33.00 33.00B May 32.35 Jly 32.35A 31.75N May Jly Oct May Jly Oct May Jly Oct Barley 132% 131% 113% Rye 117% 114 87% 132 130% 125% 117% 114 119 Memo Co: SOLE PROPRIETORS from E. A. "ED" BRUNNER Supervisor re: How To Prevent Forced Liquidation The value of nearly every sole pro- prietorship rests on the drive and ability of the man who owns it. When he dies a tragic sequence of events can lead to a forced sale of the business and a severe financial loss to the heirs. There is an ideal solution to the problem which call! for Business Life Insurance plus the services of a skilled Life Under- writer. For Information 327-5514, Doyi 328-7549, Evening! MANUFACTURERS IHIUIANCt LIFE COHFAHT 121 !10 PROFESSIONAL BIDS. LETHBRIDGE Walker's Special Old. Hiram Walker's Special Old Canadian Whisky wins taste, wins on smoothness, wins Dn popularity. Make yours Special Old. You can't lose. or The Winner. ;