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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - February 14, 1973, Lethbridge, Alberta 30 - THE LETHBR1DGS HERALD - Wednesday, February 14, 1973 m Sharp gains made in gold stocks TORONTO (CP) - Prices on the Toronto stock market were slightly lower in moderate trading today with the exception of gold issues which recorded sharp gains. The gold index jumped 5.14 to 216.16. The industrial index, considered a major indicator of market trends, was off -26 to 225.94 and western oils 1.71 to 283.10. Base metals were up .44 to 100.34. Volume by 11 a.m- was 790,-000 shares compared with 1.3 million traded by the same time Tuesday. Among sectors of the market recording the sharpest losses were oil refining, steel, paper and forest and real estate stocks while bank, communication, merchandising and construction and material issues were lower. Advances, however, were ahead of declines .146 to 114 while 201 issues were unchanged. Chrysler slipped %  to $38, Texas Gulf % to $23%, Dome Pete % to $46%, General Distributors % to $31% and New Providence two cents to 26 cents. McLaughlin Associates rose 1 to $22, Falconbridge Nickle 1 to $68, Aquitaine % to $29%, Bank of Nova Scotia % to$37% and Noranda Mines % to $49. Chemmalloy dropped 20 cents to $360 while Dome Mines climbed 2 to $79. BANKS DOWN MONTREAL (CP) - All sectors except banks declined in moderate trading on the Montreal stock market today. Combined volume on the Montreal and Canadian stock exchanges at 11 a.m. was 525-700 shares, compared with 553,000 at the same time Tuesday. Industrials dropped 1.50 to 250.00, papers 1-14 to 114.17, the composite .83 to 235.90 and utilities .05 to 161.61 while banks gained 2-37 to 278.65. On the Montreal Stock Exchange, Credit Foncier gained 1 to $105 and Canada Cement La-farge 1 to $61 while Dome Petroleum dropped 1% to $46% and Shell Canada 1 to $56. On the Canadian Stock Exchange, Muscocho gained half a cent to 45% cents on 26,000 shares. PRICES TUMBLE NEW" YORK (AP) - Stock prices tumbled today as investors pulled back from their earlier bullish view of plans to devalue the United States dollar. The noon Dow Jones average of 30 industrial stocks was off 12.26 to 984.50, and losses held a 967-ot-312 edge over gains on the New York Stock Exchange. Trading was active. Analysts said the decline reflected not only a second look at the dollar devaluation but also a return to nervousness about inflation- Among Canadians, Dome Mines was up 3 to $79%, Mclntyre 1 to $49, Walker Goo-derham % to $51% B and Gran-dy Mning to $20%. Inco lost % to $33. On the American exchange, Brasoan advanced % to $20%. Most other Canadians were unchanged. No fears on U.S. dollar devaluation By IRVING C. WHYNOT CP Business Editor For Canada, devaluation of the United States dollar appears to hold no immediate fears. The uncertainty is in the future. Specifically, is devaluation just one step and is worse to come? The nagging worry of some economists is that the U.S. still may. impose tough trade regulations. Anything that hinders tfade will affect nations that do a big international business- and Canada is one of these. As long as the U.S. and Canadian dollars remain near parity, Canada escapes any real crunch because two-thirds of its trade is with the U.S.' In fact, U.S. devaluation should have some economic benefits for Canada as well as the U.S. as long as the Canadian dollar value follows that of the U.S. By making Japanese goods more expensive, for instance, Canadian manufacturers have an edge over Japanese goods now coming into the country. Japanese cars and television sets, for example, become more expensive, making it easier for Canadian manufacturers to compete on price. In general, then, any moves that help the U.S. economy will do the same for Canada-as long as the two dollars remain about even in value. Early indications are that the Canadian dollar will follow the U.S. dollar on international markets. The U.S. dollar in terms of Canadian funds closed Tuesday down 7-16 to 99.900. But that won't help the U.S. solve its growing balance of payments problem. Canada is one of the countries with a surplus in trade with the U.S. so it seems logical that there will be new pressure on Canada in this regard. Immediately, Canadian observers see few problems for Canada in devaluation itself. Keith Dixon, manager of the Canadian Importers Association, said the price of some imported goods will increase. "In the view of this association, the real impact will be reflected in a tougher negotiating stance being taken by the U.S. in its current trade discussions with Canada." For low cost carpet care Kleen Limited can help you take the bother and cost out of offiea end apartment quality carpet maintenance. Choosing from tha widest selection of equipment in western Canada, your own maintenance personnel can easily and efficiently give your rugs professional care. You save by doing the job yourself and your carpets last longer. Only Kleen can provide equiprrsnt from Clarke, tha largest manufacturer of sanitation equipment in the world. And we give compieta factory warranty service on all equipment in our own shop. Call us: _ KLEEN Limited IETHBR1DGE: 236 12B St. North Ph. 328-6073 ALSO IN: c Calgary  Edmonton  Red Deer  Vernon  Dawson Creek  Grande Prairie Hotelman of the year John Ondrik, owner of the Golden West Motel on Mayor Magrath service to members of the association and to the general public. For Mr. Drive, has received the Hotelman of the Year award for south of Red Ondrik, who has been in business in Lethbridge for 15 years, it was the Deer with less than 50 room capacity. Presented by Bob LeTroy, a di- first such award. Lethbridge motels and hotels have won the award for rector of the Northwest Traveller's Association, the award is for good five successive years. Shipping network suggested MONTREAL (CP) - Canada's shipbuilding industry should take the initiative in developing a transportation network to ship natural resources out of the Canadian Arctic, a senior government official said Tuesday. "The question of who is to transport the resources all depends on the initiatives of Canadian shipbuilders . . . whether you are willing to roll up your shirtsleeves and get at it," said A. Digby Hunt, assistant deputy minister in the federal department of Indian Affairs and northern development. In a speech to the Canadian Shipbuilding and Ship Repairing Association, Mr. Hunt said Canadian shipbuilders may be to blame for an ongoing West German study on shipping possi-biUtes in the Arctic. The project was the initiative of two groups of scientists-one from Munster University' in Germany and the other from Brock University in St. Catharines, Ont.' A. G. Weser group, a subsidiary of Krupp Industries and the largest shipyard in Germany, funded the project. Mr. Hunt said Canadian officials have not decided whether to agree to the German government's request that Weser be allowed to continue its study. Livestock Calgary livestock CALGARY (CP) - Receipts to 11 a.m. today from the Calgary public stockyards show sales of 1,100 head, mostly slaughter cattle. Trade was active to a strong local and export demand, slaughter steers sold steady. Slaughter heifers were fully steady. A few bulls traded at steady prices. Steers A 1 and 2 4041, A 3 39 to 40. Heifers A 1 and 2 37 to 37.90, A 3 36 to 37. Cows D 1 and 2 29 to 30, D 3 28 to 29, D 4 26.50 to 28. Good bulls 31-33.50. Replacement cattle were In short supply selling at steady prices. One lot of 625 pound stock-steer calves sold for 49. A lighter lot of stock steer calves brought 52.20. Hogs f.o.b. Calgary to 11 a.m. average base price 44.20. Hog prices EDMONTON (CP) - Average prices to 11 a.m. today provided by the Alberta Hog Producers Marketing Board: Edmonton: 44.20, average Tuesday 44.27. Red Deer: 44.20, average Tuesday 44.26. OaSgary: 44.20, average Tuesday 44.26. Lethbridge: No sales, average Tuesday 44.28. Fort Macleod: No sales, average Tuesday 44.25. Total hogs sold Tuesday 7,279, average 44.30, sows 30.65. Net earnings up CALGARY (CP) - Aquitaine Company of Canada Ltd., reports net earnings for 1972 of $19,745,000 or 95.7 cents a share. This compares with net earnings of $17,761,000 or 86.2 cents a share the previous year. Miscellaneous quotations Vancouver, Calgary, Montreal 01:00 a.m. Quotes) WESTERN OILS AND MINES Alfa East Gas Almlnex Asamera Ashland BP Canada Breoda Mines Can South Cdn Ex Gas Cdn Homestd Cdn Ind Gas 01! Cdn Long Is Cdn Super Charter Oils Chieftan Dome Pete Dynasty Fort Reliance. Giant Mascot Granisle Gt Plains Gt Cdn Oil S Lochlel Lytton Mln Noble Mines North Cdn Oils Numac Pancdn Pete Pan Ocean Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain. S'elbens Spooner Total Ulster West Pete. W. Decalta 10.25 6.85 13.00 15.75 55.7S 4.00 16.75 46.50 9.60 .34 4.55 10.00 34.75 9.30 3.70 2.25 1.58 7.40 Quotes) 8.871/3 Amr Gr F 6.35 6.97 26.12Va AGF Special 3.36 7.75 Cdn Invest P 5.36 5.88 7.75 Col Mutual 7.12 7.82 13.62'/a Cmnw Inter 15.68 17.19 8.50 Cpnw Lev 4.19 4.60 17.75 Cmnw Vent 8.40 9.23 44.25 Corp Invest 6.53 7.17 40.50 Ccrp In St F 5.62 6.17 20 37Vi Dreyfus F U.S. 12.61 13.82 52 50 Gr ln Shares 4.39 4.83 r9'75 Gr Equity 9.14 10.04 47"50 Invest Gr F 13.09 14.31 9.50 12.25 MISCELLANEOUS INDUSTRIES Acres Ltd Aquitaine BC Sugar Pfd Block Bros Brinco Cdn Brew A Cdn Brew B Cdn Pacific Inv (Supplied by Doherty, McCuaig Limited) LAST BID OR SALE (11:00 a.m. Quotes! (11:00 a.m. Crestbrook Ind Crowsnest Ind Cygnus A Cygnus B Falcon Copper F and M Trus t 19.37V4 Gensar 5.15 Home A 6.25 Home B 4.45 Hud Bay Co 9.55 Hud Bay Oil 10.12Vj Hud Bay A Pfd .34 Hugh Russell Husky Oil Husky B Pfd Husky D War Husky E War Inter Prov Pipe Inter Prov Steel Kaiser Res Loblaw C Pfd Magnasonlcs Pacific Pete PW Air Rainier Inc Royal Trust St Maurice Cap 20.87'/2 Sandwell 16.87'/! Teledyne 15.75 West Cdn Seed 1.59 Westfield Mln ,28'/j Weston A Pfd .72 White Yukon ,55 PIPE LINE STOKC S 33.50 Alta Gas A 17.50 17.87VS! Alfa Gas Pfd 16.50 Alta Nat Gas .64 Inland Nat Gas 8.45 N and C Gas 1.12 N and C B Pfd 10.12V2 Pacific Trans 4.20 Gaz Metro Gaz Metro A Trans Cda Pipe Tr Cda A Pfd Tr Cda B Pfd Tr Cda War WC Trans WC Trans Wts 6.10 6.46 4.33 8.30 5.80 5.79 5.19 7.15 8.72 5.75 22 50 Invest Mutual 43 12'/2 Mutual Ac a so Mutual Gr F 8,50 Nat Res N W Cdn i*�ia N W Gr 16-"Vj Principal Gr 30 75 R�yf"ld Temp Gr United Ac i}-T'2 Universal Sav V�i/ CALGARY Acrol' 55.12V3 Barons Oil 1-" North Continental �'T Wes,ern Warner 612V, VANCOUVER 6'12/J MINES Afton Atlas Explor Bath Norse Croyden Dankoe Davenport Dolly Varden Equltorial Res Lornex Primer Pyramid Silver Standard Valley Copper INDUSTRIALS 6.67 7.10 4.76 9.07 6.37 6.36 5.70 7.44 9.53 6.32 8.42 9.25 .85 .021/2 .01 Vi .30 1.51 64.00 13.75 17.50 29.25 15.50 3.20 5.75 28.50 33.75 29.25 73.25 22.00 12.75 11.25 24.75 12.50 4.90 68.00 40.50 74.871/2 capt Inter 42.00 Col Brew 9,50 Hys Cdn 22.50 Key Indust 4.80 OILS MUTUAL FUNDS Albany Oils /All Cdn Com 8.44 9.23 Plains Pete All Cdn Divid 9.17 10.02 Stampede Intl All Cdn Vent 4.43 4.84 West Explor Res 7.50 .50 .85 .051/2 .95 .58 .321/2 .21 8.60 .40 .20 .77 10.50 2.89 3.25 4.75 .34 1.30 .32 .79 .06 Toronto mines, industrials (Supplied By Richardson Securities of Canada) LAST BID OR SALE 01:00 r.m. Quotes! 07:00 a.m. QuoteU (11:00 a.m. Quotes) MINES Acme Advocate Asb. Akaltcho Bralorne Broulan Bethlehem Brunswick Can. N.W. Land Canada Tung. Cassiar Central Pat. Chlmo Conwest Cons. Rambler Coin Lake Cochenour Craigmont Dlckeson Mines Denison Mines Deer Horn D'Eldona Dome Mines Donalda Discovery Mines East Malartlc East Sullivan Falconbridge Frrbex First Maritime* Giant Y.K. Bovls Granduc Hollinger Norlex .28 Cable Oslsko .22 Grt Cdn Oil Pine Point 26.87V2 Glendale Placer Dev. S1.12V4 Gen Motors P.C. Exp. 2.99 Grt Lakes Pp Quebec Man .12 Gulf Oil Cda 16.37'/j Rayrock 1.05 Greyhound 4.20 Radlore .36 Hawker Sid Rio Algom 22.00 Huron and Erie Roman Corp. 7.40 Imp Oil Sherrltt Gordon 16.62yi Hiram Walker Steep Rock 2.00 Imasca Tek Corp. 4.30 Int Nickel Texmont .31'/j Inv Grp A Upper Canada 2.85 Int Pipe Western Mines 2.73 Int Utll Wright Hargreaves .90 Ind Accept Wlllroy 1.12 Kaps Windfall .O8V2 Laurenfide Yellowknlfe Bear 3.80 Kelly Doug A Zenmac .07 Leob INDUSTRIALS Loblaw A 10.87V2 Met Stores .20 1.38 .64 2.95 .34 8.85 1.93 13.75 1.30 1.30 6.85 3.50 .12 .45 6.50 2.25 30.25 .05 2.40 2.73 67.00 .31 .40 7.15 2.65 3.40 46.00 Hudson Bay M-S 23.00 Hydra Ex. Iron Bay (so Joliet Quebec Kerr Addison Key Anacon Labrador Lake Shore Langls Silver Madsen R.L. Malartlc GF Martin McNeely Maclntyre Meta Mldrlm Intern Mogul Nu West Homes New Athona New Calumet W. Horse Copper Noranda Northgate 76.00 Abltlbl .301/2 Alcan .72 Algoma Steel Atco Ind Atlantic Sugar Agra Ind Bell Tel Brazil Trac B.C. Tel Burns B.C. Forest B.C. Sugar Bow Val Ind CAE livj Cdn Brew Chemcell .26'/2 Col Cell 11.37V2 Calgary Power .23 Coron Credit C.W.N. Gas Pfd Cdn Ind Cdn Marconi Cdn Vickers Chrysler .111/2 C.P.R. 45.50 Comlnco .lOVi Cons Bath ,13i/2'Cons Gas 14.00 Dlst Seagrams Dom Bridge Domtar Dom Textile Dom Stores Dome Pete Dofasco .18 3,70 2.75 43.00 2.85 .05 .68 .74 10.00 .13 .24 3.50 48.00 5.65 25.12V2 Massey Ferg 16.00 McMillan Bloe 11.25 Moore Corp 6.25 Molsons A 12.25 Molsons B 44.00 North 8. Cent 20.371/2 Power Corp 57.121/2 Price Co 18.50 Rothmans 31.50 St. Law Corp 22.00 Shell CDA 46.25 Simpson's IO.62V2 Simp Sears 5.871/2 Steel of Cda 4.50 Selkirk A 2.35 Texaco 28.00 Traders Grp A 1.80 Trans Mtn Ppe 11.00 Trans Cda Pp 16.75 Union Gas 4.60 Union Oil Vt 14.00 Versatile Mfg 37.371/2 Westeel 17.75 Union Carb 28.62V2 Weston's B 1B.37V2 Woodwards A 17.37V2 West Cdn Seed 41.87V2 Zenith Elec 33.00 BANKS l".62i/2 Cdn Imp 9.50 Montreal 15.62'/j Nova ScotlB 47.00 Royal 27.25 Tor-Dom 19.50 9.30 12.25 74.50 19.00 36.50 21.75 4.15 33.50 46.25 51.25 31.50 33.121/2 12.371/j 29.00 23.50 19.50 10.62V2 12.50 8.00 4.70 6.25 23.25 21.50 29.25 52.75 29.50 28.25 11.12V2 12.87'/2 15.121/2 17.25 19.121/j 55.00 32.25 49.50, 34.50 15,75 66.00 20.00 22.00 40.00 12.121/2 2C.00 6.50 30.121/2 18.50 20.00 29.50 6.25 2.65 32.62V2 20.62V2 36.871/2 35.50 33.25 New York stocks (Supplied By Richardson Securities of Canada) Amr T and ' Anaconda Bath Steel Chrysler Comsat Dupont GM Gulf Int Harvester Kenn Copper 52.00 Montgomery Ward 25.12Vj TORONTO AVERAGES 22.621/z Sears 113'25 20 Indust 225.77 off .43 , ., Std X-Ron 88.371/2 20 Golds 218.62 up 7.60 //.u>/2 Texas' Gulf 123.25 10 Base Met 100.24 up .34 37 25 15 W Oils 282.16 off 2.65 Z',, Volume 1,433,000 22.62V2NEW YORK AVERAGES 26.25 30 Indust 984,50 off 12.26 Westlnghouse Elec 39.62V2 ?� ft?,1,1,!, MS;?8, JSf j;66,, n'� c*Mi T iti/ 15 Utilities 113.50 off .26 U.S. Steel 30.37V2 45 stocks 311i7s ^ 304 37.62V2 Texas Co 55.37V2 wickes Corp 172.00 woolworth 73.25 25.00 32.87'/2 26.25 Gen Tel Etw 28.12V2 Volume 8,170,000 New rapeseed licensed OTTAWA (CP) - Torch, a new variety of yellow-flowered rapeseed, has been licensed by the federal agriculture department, it was announced Tuesday. The variety is another containing low quantities of erucic acid, which was found to cause disease in laboratory rats. Torch is a member of the turnip rapeseed family and was developed by department scientists at Saskatoon. It is reported to have yields equal or superior to that of Span rapeseed, another low-eruclc acid variety. Co-operatives plan to expand SASKATOON (SP) - Retail consumer and farm supply cooperatives in the four western provinces are planning to expand and renovate facilities ait a cost of almost $18 million in 1973, the 44th annual meeting of Federated Co-operatives Ltd. was told Tuesday. FCL's board of directors, in a report to delegates, said work Grain prices Winnipeg Grain WINNIPEG (CP) - Flax and rapeseed prices both were up the limit of 10 cents in a small volume of trade at mid-session on the Winnipeg Commodity Exchange today. Oats, barley amd rye prices all declined fractionally. Volume of trade Tuesday was 618,000 bushels of flax, 854,-000 of rapeseed and 1,657,000 ol rye. Mid-session prices: Flax: May 10 higher 5.20%B; July 10 higher 5.01B; Oct. 10 higher 4.74B; Nov. 10 higher 4.55%B. Rapeseed Vancouver: March 10 higher 4.22B; June 10 higher 4.12%B; Sep. 10 higher 4.04B; Nov. 10 higher 3.71B. Rapeseed Thunder Bay: May 10 higher 3.84; July 10 higher 3.72B; Oct. 10 higher 3.61%B; Nov. 10 higher 3.53B. Oats: May % lower 1.19%B; July % lower 1.16%A; Oct. % lower 1.10%; Dec. not open. Barley: May 1% lower 1.50%; July % lower 1.50%A; Oct. unchanged 1.453/4B; Dec, not open. Rye: May % lower 1.57%; July % lower 1.54%A; Oct. % lower 1.48%B; Dec. not opsn. Grain quotes Tuesday (basis Lakehead): High Low Close Flax May 510% 508 510% Jly 491 488% 491 Oct 464 463 464 Nov - - 445% Rapeseed Vancouver Mar - _ 412 Jun - _ 402% Sep -. _ 394 Nov - - 361 Rapeseed Thunder Bay May - _ 374 Jly - - 362 Oct - - 351% Nov - - 343 Oats . May 120 118% 119% Jly 117 115% 116% Oct 111 110 110% Dec - - 100% Barley May 152% 150 1500/4 Jly 153% 150% 151% Oct 149% 145% 1450/4 Dec - - 138% Rye May 165 155 157% Jly 160 153 155 Oct 1523/4 147% 149% Dec - - 142 planned included 101 separate projects, the majority involving shopping centres, stores and farm supply service centres. Last year, capital expenditures by retail co-operatives for new construction and expansion totalled some $9 million. EMPLOY 810,000 The directors said the retail consumer and farm supply cooperative system, including FCL, employs an estimated 10, 000 people. About 8,300 are in the retail sector and 1,700 in the FCL distribution sectors. The retail sector includes 434 retail co-operatives - 89 in Manitoba and northwestern Ontario, 219 in Saskatchewan, 78 in Alberta and 48 in British Columbia. They serve more than 400,000 member families and had a combined sales volume of $410 million in 1972, with savings of some $16 milion for allocation to members. Federated Co-operatives has major distributing warehouses and offices in Winnipeg, Re-gina, Saskatoon, Edmonton, Calgary and Vancouver. Manufacturing facilities include nine feed mills, lumber mills in B.C. and Alberta, a plywood plant in B.C., a petroleum refinery at Regina, a basic chemical plant in Saskatoon and part ownership with western wheat pools of a fertilizer plant at Calgary. FCL's home office is in Saskatoon. The directors said studies now under way at the Regina refinery could lead to early action regarding production of low-lead and lead-free content in gasolines. Their report said federal government directives indicate an intention to require lead content reduced to 2.5 grams a gallon by Jan. 1, 1974, from the present three grams a gallon. The directors said the proposed new regulations appear to be aimed at the increasing problem of exhaust pollution in major urban centres. "There is no evidence of a hazard resulting from the use of leaded gasoline in open areas such as farm, fields," the report said. "Thus it is questionable whether farmers should be required to use higher-cost low-lead gasoline when working their land." The directors said priority will be given by the consumer oo-operative system this year to developing programs aimed at promoting and protecting the interests of consumers in a number of areas. WINNIPEG (CP) - Visible supplies, farmers marketings and overseas clearances of the principle Canadian grains and oilseeds increased slightly during the week ended Feb. 7, the Canadian Grain Commission reported Tuesday. In its weekly report, the commission said visible stocks of wheat at the close of business on Feb. 7 totalled 250.8 million bushels, a slight decrease from the 251.8 million bushels of the previous week and well down from the 262.8 million of tiie same period one year ago. Farmer's marketings of wheat totalled 7.9 million bushels for the week under review, compared to 6.3 million of the week earlier and the 1.4 million bushels of the corresponding period in 1972. Overseas clearances of wheat reached 7.5 million bushels during the week studied, up from 5.9 million of the previous week and the 2.7 million of the same week one year ago. Visible stocks cf the principal grains on hand at Thunder Bay for the week totalled 64.0 million bushels, an increase from 60.6 million of one week earlier and 47.3 million bushels of the comparative week in 1972. Coal firm to seek price hike VANCOUVER (CP) - Fording Coal Ltd. produced one million tons of coking coal for export to Japan in 1972, a sharp fall-off from othe 2.5 million tons anticipated in the first year of operation. A review of the East Koo-tenay project was released on Monday by Robin M. Porter, president of Fording - a joint venture of Canadian Pacific Investments Ltd. and Cominco Ltd., both subsidiaries of Canadian Pacific Ltd. The summary also showed that Fording will seek an increase in price when it meets with Japanese steel interests this month in Japan. In addition, Mr. Porter said capital investment in the project rose from the original $80 million to $90 million. Porter said that by December, monthly production rose to 170,000 tons or 82 per cent of the monthly target for the first coontract year ending March 31. Bottle firms hike refunds, and deposits NEW YORK (Reuter) -American Airlines said Tuesday it had dropped its six options for the British-French Concorde supersonic jetliner because "the airplane does not fit the characteristics of our route structure." Industry sources said it means that since America flies mostly short-haul routes over land it has no great need for a supersonic jetliner. Later Tuesday, Sabena, the Belgian national airline, announced it has cancelled its options for two Concorde airliners. A company spokesman said the Sabena board of directors had come to the conclusion that the financial situation of *he airline prevented it from taking up the options. Dollar Value MONTREAL (CP) . - U.S. dollar in terms of Canadian funds at noon today was down 14-32 at $0.98 27-32. Pound sterling up one cent at $2.44. In New York, the Canadian dollar was up 14-32 at $1.01 5-32. Pound sterling up 2% at $2.467/s. Beef futures WINNIPEG (CP) - Live beef futures close Tuesday. Mar - 41.90A; May 42.30B; Jiy 41.00B; Sep 40.10B. Monday's volume: Eight contracts. ALLAN R. HUNT, C.A. and W. ROBERT JACOBSON, B.Comm., C.A. wish to announce the formation of the firm of HUNT, JACOBSON & CO. CHARTERED ACCOUNTANTS for the practise of their profession at Suite H, Holiday Village Professional Building 433 Mayor Magrath Drive Lethbridge, Alberta Telephone 327-3171 ;