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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 14, 1975, Lethbridge, Alberta Frldiy, Ftbrgiry 14, 1975 THE LETHBRIDQE HERALD 21 Alberta crude oil ncraui iniu- MIUI lung ii J- wV4 X-'A production market prices Herald Ottawa Bureau than 1 percent, to OTTAWA cubic feel in large part as a result of a 15 ncrcent drnn (CP) Prices to Seagram Vt to IranHtv on the Toronto stock market and Imperial Oil A Vt to HiarKBI production of all fossil but coal decreased slightly in gas production in Britisl 1974 compared to 1973, ac- Columbia, cording to the latest statistics Alberta's gas production from Statistics Cnada. actually increased by almost 2 But the total dollar value of Stocks AM1V, MONTHS ,CP, Price, wore In te mines, Cutlass up .06 a, morning trading Friday. Stelco A fell to musuy i.ijher in mouerale trading or, Dallon down .03 at M: Grandora down The industrial index, Wide- Alberta Gas Trunk A Vt to Ilic Montreal Stutk Exchange Friday. .01 at .40; Tycc Lake up .01 at .06; Ar-ly-based indicator of market Brascan A Vt to Volume at a.m. was 248.900 rallia Explorations up .07 al .M and trend, rose .29 to 184.36, golds Bow Valley Vt to and shares compared with Highland Lode up one-half at all production of Canadian Total value of natural to 444.97 and base metals Falconbridge Nickel Vt to j n si i IHA to it Seneca Developments UD rs at si fossil oil, natural gas, production jumped 52 percent, _ natural gas by-products and to for 1974. Vancouver, Ualgary, Montreal jumped 60 percent to Domestic production of Midland Doherty Limited more than (5-billion. natural gas to 67.79. The western oil in- composite 0.74 io ms.st, papers O.K io siampcde up .04 at .80: plans dex fell .48 to 161.49. Dome Mines gained to 106.86 and utilities 0.15 io i4o.es, while Pcimicum down .03 al .08; Cop-Ei Advances outnumbered de- Agnico-Eagle Vt to and banks Iosl M lo z51-58- Minine "i -'6 and Coseka up rlinpc fo Id's with 1S7 famfln 'A In tltVu flnilpH Ac Oils generally were higher as Shell .10 at J2.95. Clines 1311 10 1U3 Wltn 131 LarnllO IO J1J Uniled AS- Canada aililed W lo and Gulf Oil Curb volume was I.310.4J5 Canadian production of mainly cundensates, fell 2.75 WESTERN OILS Pa-Ben ouiieid Serv 3.ao crude oil suffered the largest percent to 113-million barrels, M'NES 3 95 oo decline, 6 percent, in 1974; with the dollar value increas- On :38 Toiodyne .lies with total production falling ing by 80 percent to AjuEast Gas 5.87 vi Traders Grp ptd from B5S. US-million barrels in million. Asnmera 1050 westiield Win I'OB 1973 to 616 23-million barrels Coal production increased Ashland 7.25 wesion A pid so.oo hv 4 "i nprronl In millinn BP Canada While Yukon 5.87'A i" I974- Percenl to Ai-miluon Brenda 3 20 PIPELINE unchanged. bestos lost 20 cents to v, lo ?29'A. Highland star up .09 al .35; Cadet Volume by 11 a.m. was and Orchan Mines 15 cents to Moore Corp. was up io and newurcei up .03 al .38-, Petrowest up 000 shares, down from Hank of Montreal Io but Msr- .05 at .65: Dasher up .06 al .29: Mundee at the same time Thursday. Ranger was up to Gas T 7? l35 Minerals Huron and Erie rose to and Alberta Eastern V, to MEPC Canadian Pan Ocean dropped Vt to volume of shares. NEW YORK (AP) The stock Prnnprtipii In S7% R market shrugged off signs of a deepen-rruperues it lu n, mr.u D VANCOUVER (CP) Trading was Ing recession and embarked on Alberta crude oil production tons, with the total value cda South 2.20 Alia Gas Trk A and prices lower Friday al lhe substantial gain in continued dropped 4.6 percent to an esti- increasing by 50 percent to gdn 2.75 Gas irk Pid se.oo mated 517.7-million barrels, 52o8-million. Cdn ind Gas Oil 7.50 Gaz Meiro opening of lhe Vancouver Slock Ex- trading Friday. WinniPSQ drain change. Early volume was The noon Dow Jones average of 30 shares. industrials was up 6.34 al Saskatchewan production fell Coal production in the two gdnLongis (CP) Prices were Vancouver rapcseed: Mar. IK, lower Venlurc was un- Gainers outpaced losers by more 15 percent to 73-million main producing provinces of 6'37uj N 8 c Gas mixed in brisk aclivilv 7.04B; June lower Sep. un- al -Ju 'he mines, Anglo "i on me iiew lorK SIOCK barrels. Alberta and B.C. rose by 6 Dome Pele 26.37'A N s c Gas B pid mid-session Friday on the changed Nov. unchanged 6 74A. Bomarc was .04 al .82. In lhe But the value of domestic percent, to 9.7-million tons A pid Commodity Exchange. Flax: May one higher 8.9IB; July un "curb" mcrianec'' volume "le up oil production jumped 60 and 8.2-million tons respec- Giant Mascot .65 Trans-Cda B Pid commodities moved only changed 8. 54B; Oct. unchanged 8.31B; sharcs Consolidated Monarch was UD in ti s hill. livflv Gibrallar. Mines 4.35 Trans-Cda War 1.03 percent, to lively Granisle 12.50 WC Trans 22.75 Domestic production of Coal production in Nova Gt Cdn Oil s 7.37'A we Trans war bushels of feed wheal, of Corn: Mar. unchanged 3.50A; May and Prices mrc UP in moderale trading common slocks rose "32 natural gas fell slightly more Scotia increased by 18 percent CALGAHV to 1.4-million tons. cdn on .V25 Acroii of barley, 01 rye. July nol open. Barley: May one higher Thursday. Closing volume was 234.000 of feed wheal. of 2.69SA; July and Oct. not open. Oats: Synl he A rnex volume leader. -mri nil nr lnrn Miv Inwpr i HI A lulv Vj 'n lllc mduslna s. Adera was un- picked up 1 lo Numac Barons Oil jnd ml of corn. TsoB Ocl not Rve' Mav V changed al .35; Canlerra down 01 al Canadian issues on Pels N. Continental .02 Pan Ocean 900 Western Warner Bav raoeseed Mav one higher 2 65'AA July 'A ihieher 2 6214B- .30: Bank of British Columbia Irusl un- NYSE, Campbell Red Ute was up 1 111 fi7QH 11 Or-l IN t Ocl not ooen its unchanged al Newmark lo Dome Mines lo CARLSON Passed !65 MINES Place Gas .27 Balhursl Norsemines down .02 at 11.15. Key Industries un- Canadian Pacific V, lo 1 Grain quotes Thursday bass changed al .OB and Cornal up at Massey Ferguson was down V. in the city on In memory .45 Cima Resources .63 Ranger Oil 21. 62% Dankoe ss High Low February 12th, 1975, following a lengthy illness, Mrs. Grace Mabel Carlson at the age of dear husband and father Thomas, who passed Rain 13.75 Davenport .66 Solbens 8.25 Lornex 4.75 Spooner .24 Northair Mines 2.28 To a! Pele 6 00 Primer 1 B90 875 890 THE CANADIAN PRESS j'y Chicago years beloved wife of 14, Pele 67 Pyramid dividends Tuesday, world may change Canso BOO Silver Standard unless otherwise noted. Nov 7H9 CHICAGO Mosl farm com- As silver posled gains of up to i S. The funeral service will be held at p.m. on Saturday, February 15th, 1975, in to year And friends from day to day But never will the one Pele 3.65 Valley Copper 6.15 West Decalla 4.65 INDUSTRIALS MISCELLANEOUS Key Industries .06 INDUSTRIALS Wardair 1.45 Acres Ltd 7.00 Investors Group, 12.5 cenls; Rapeseed Thunder Bay modity futures posted strong gams limit of 20 cents an ounce, copper a so class A, 12.5 cenls; live-per-centpfd., May 67B G7B Thursday on Lhe nation's major ex- came into demand and these futures 31.25 cenls, all payable May I. record J1y 676 changes gained nearly 300 points. Cotlon 11 The demand for Ihese commodities futures were about steady, bul United Church, with Rev. Ken Jordan officiating. From memory pass August Petroleum BC Sugar C Pid 12.00 Plains Pete .08 Block Bros 3.15 Stampede Int'l'Resources Management and Nov Mb was late in developing in sessions on juice futures rose a little. Holdings Lid., six cents semi-annual, Rapeseed Vancouver lhe Bmrd of and lnE Chicag0 World sugar closed steady lo a shade April 30. record AprillS. Mar Mercanlile Exchange. Some trade will follow in the family plot, Mountain View Cemetery. Those who wish may pay their respects at Martin missed by his wife, Mary and children. Foods 3.15 MUTUAL FUNDS Cdn Pac Inv A Pfd 30.75 All Cdn. Compound 5.15 Cdn Pac Inv 15.37 All Cdn. Dividend 5.50 Carling O'Keefe A Pfd 19.25 All Cdn. Ventures 2.21 Carling O'Keefe B Pid 21.75 American Growth Fund 3.87 Comm Cap Corp 2.30 A.G.F. Special Electric Co. Ltd.. class A. Jun 687 sources allribuled [he demand lo a sur- Grain quolalions Thursday: 15 cents; class B, 12.75 .cents, both SP1 684 ge upward of other commodity prices, Wheal: Mar 4.11: May 4.05; Ju payable April I, record March 12. Nov 674 656 674 including gold, silver and even of 3.85'A; Sep 3.93; Dec 4.01. Corn: Mar Molson Co. Ltd., class A, 20 cenls; Rye slocks on wall slreel May 3.13'A; Jul 3.12- Sep class B, 20 cenls; class C. 17 cenls; May 266'A 262 265 When trade in grains had ended, 2.97'4: Dec Mar 2.87'A. MEMORIAL CHAPEL, 703 Ind 3.60 Cdn. Investment Fund D, 17 cenls, all payable April 1. J'y soybeans were 10 to 12 cents a bushel Mar May 1.62; Jul 1.54: 13th St. N. Those who Ind 25.75 Eaton Commonwealth March 3. Ocl 250 higher, March 5.97- wheal to 614 Dec may donate to the Canadian Cancer Society, 409 Canada Trust Building. In loving memory of our dear father and grandfather, who passed away February 12 1959 Copper 6.50 Eaton Leverage 2.87 F M Trust 4.65 Eaton Inl'l Venture 2.68 Genslar 18.25 Corp. Investors 5.39 Home Oil A 23.50 Corp. Investors Stock Fund 4 01 Home Oil B 23.00 Dreyfus Fund U.S. Paper Co. Lid., class A, 15 higher, March 4.11; corn 1 lower lo Hi cents, March 14, record Feb. 21. May 270 March 3.11'A; and oats un- Shore To Shore Corp., 2.5 cenus, Jly 266 changed lo 6 higher, lhe limil in one GOlu I UIUTeS Feb. 28, record Feb. 17. Ocl 252 cmlrarl March L ggy, BROS. LTD., Directors of the Funeral Service. dear mother and grandmother, who passed Bay Co Grouped Income Shares 2.54 Hud Bay Oil 16.25 Growth Equity 5.31 Hud Bay Oil A Pfd 31.00 Investors Growth Fund Oil Co Ltd 30 cents, U.S. Live hog futures rose up to JI.50 on WINNIPEG (CP) Gold futures, funds, March 18, record Feb. 19. May 1BIW 180 180 A CME and live callle gained Jl. 20 U.S: funds, Winnipeg Commodity Ex-Weilinghouse Canada Ltd., 12.5 Jly "9Y' "9'-1 per hundredwcighl while pork bellies 14, Russell 56.00 Investors Mutual 4. March 15, record March 1. Ocl 175 reversed lhe lower Ircnds of recenl (CO-OUNCE MELLAFONT hearts still ache with Oil Mutual Accumulating 5-13 Husky Oil B Pfd 33.50 Nat. Resources 13.86 Husky Oil E War 5.25 N.W. Cdn. bisis Montreal days and advanced the 150 point limit. Apr 75 185.30; Jly 75 189 10A; Corporalion dividends Wednesday, Shell eggs were steady in slow trade. Oct 75 192.80A; Jan 76 away in Ponoka on Pipe 2.00 NK.W. Growth unless otherwise noted May J5b Apr 76 _ i February llth, 1975, secret tears still erprov Steel 16.50 Principal Growth' Tire and Rubber Co. of 352 Wednesday's volume; 159 a lengthy illness, Mr. Fred I Mellafont at the age of 81 years of Warner, beloved hus-. band of the late Mrs. what it meant to lose you No one will ever know. Keep them Lord, in 7.1 2V4 Roylund 5.16 Kaser Res War 4.15 Templeton Growth 732 Loblaw Co C Pid United Accumulative 3.90 Magnasonics 1.60 Universal Savings 7.12 Pacilic Pele 2050 Vanguard Lid., 15 cenls, March 31, IOO-ODNCE CONTRACTS: record March 10; four-per-cenl pfd., 50 May 3B5 CUfrCnCIOS Feb 75 1B3.50A: May 75 1H6.75; cenls, April 30, record April 9. J'y 37Z Aug 75 190.60; Nov 75 I94.00fl: La Verendrye Management Corp., 361 MONTREAL (CP) Friday's mid- Feb 76 197.50B. 3.5 cer.ls; six-per-cenl pfd., 12 cenls, day foreigll seninE rales as Wednesday's volume: 55 Mellafont. Born and raised of payable March 1, record Feb. 21. hy ,he Bank of Ontario, the late Mr. Mella-v. font came west when on earth they were the mines, Natural Gas Co.. 77.5 1, France franc .2380 cenls, U.S. tunds, March 20, record LIVeSIOCK Germany mark .4360 GOlQ DflCeS March 3. homesteaded in the Co., 30 cenls, funds, CSlflflrV Japan yen .003470 LONDON (AP) Closing district in 1917, then in 1920 sadly missed by Richardson Securities of 15, record Feb. 28. Mexico peso .0815 prices Thursday in U.S. dollars moved to the Warner Tom and B.C. Tel 54 Develop J-ld- 30 cenls' CALGARY (CP) ReceiDls lo 11 Nelherlantls guilder .4170 ounce: Marcn record March 7. D. tu.ni ui- Snain ocsela 0181 179 ;t where he had resided until .08 Burns Ltd., class A, five cenls; Switodand franc 4100 passing. He is survived by Asb. 1.43 B.C. Forest B. 4.25 cents; five-percent pfd nea0' Slalcs dollar Lom sister, Mrs. Esther Gillies 1.80 B.C. Sugar 22.12VJ Bralorne 1 26 Bow Valley Ind 13 cents, all payable March 14, record was aclive on cows moderate on all Uniled Kingdom pound 2.42 Markdale Ontario' In .38 Cable 13 classes of feeders. U.S.SR. ruble 1.3545 Hong brothers, Mr. R. Harry of a dear mother, grandmother and great CAE Ind 7.00 Boyrs 1 26 Calgary Power Westburne Induslriea Ltd., 40 There were no good slaughter slcers Quolations in Canadian funds. per font of Milk River, Mr William J. Mellafont of Biggar, Sask. He was predeceased by his wife on May 26th, 1958, also by Mrs. Ella Flex-haug, who passed away on Feb. 14, 1974. Mother who gave us the NW Land s'so Can Cellulose Canada Tung. 3.15 Carling O'Keefe 2.26 Cassiar 4 55 Chemsell 385 Central Pat .76 C.W.N. Gas Pfd 8.25 Chimo .88 Cdn Industries 18.1214 Conwesl 2.80 Cdn Marconi unless otherwise noled. Bulls were sleady. GOLD SALE Andres Wines Ltd., 15 cenls, April Cows, Dl, D2: 22-24 D3: 20.50-22. "TUC UICCTEDU UllfffT" 15, record April 1. D4: 18-20. BETTe? KNOWN AS TTH? British Columbia Packers Lid., Bulls, good: 18.50-21.75. ACT 1 PMOKI IMrt" cassA, 37.5 cents, semi-annual; class Trade on feeder cattle mel a LUO 1 LCMUN sisters. The funeral her Rambler 1.58 Cdn Vickers 51, semi-annual, both payable moderale demand Sleers more than BLAIRMORE, will be held at p.m. cherished our Lake Chrysler 15, record March 1. 750 pounds: 32-35.50; under 750 pounds: NOW FOR Saturday, February 15th, 1975, in Martin sorrow, our strife Who taught us to live, 1.33 C.P.H. 16. 87V? Cralgmont 3.65 Cominco Dickenson Mines 9.25 Cons Bathursl 24 62V4 Den son Mines 46.00 Cons Gas Nest Industries Ltd., 12.5 3225-3575 Heifers more than 550 20 Woodland Acni cenls, March 31, record March 10. pounds: 27-30. Good slock steer ca ves 3'000 Feel of River and Crwk Frontage Gibrallar Mines Ltd., lhe 401-575 pounds: 33-35.2! Good slock 1.600 Square loot Swimming Pool Wading TRADITIONAL CHAPEL, us to .30 Disl Seagrams dividend normally payable heifer calves 401-550 pounds: 24.50-29. Playground 3rd Ave. S.. with Rev. R. F. Deimert officiating. menl will follow in Archmount Mother in heaven, God bless you today. Your life was unselfish, for others -you Mines 53.50 Dominion Bridge 19.50 Discovery Mines 2.10 Domlar 2075 East Malarlic 4.15 Textile 6.50 East Sullivan 1.73 Dom Stores 18.00 Falcon bridge 28.12% Dome Pete 26.00 Frobex 13V4 Dofasco 25 April will be omilted due lo depress- Bulcher calves: 24-29 Modern Waahrooma cd copper markets and reduced ear- Hogs f o.b to 11 a.m.: 53.39. GWrMlM YOWMll 1 PfNI ll RtCmtlH [Mt nings. Thii entarpriM developed only 19 the fringe ol ila potential Kerr-Addlion Minei Ltd., class SYNDICATE SUGGESTED A. 10 cents; class B. 10 cents, both IMMEDIATE Gardens. If desired, friends 7 may make donations to for what you received, but for what you could Marilimes 3Q Glen Mob Homes Giant y.K. 13.00 Gt Cdn Oil Sds 7.37 March 20. record Fnh 21 Unn nrioAO NO TRIFLEHS PI Canadian Cancer Society, 409 Canada Trust BIdg. God take a message to our dear mother A Gt Lakes Pap Hudson Bay MfiS A 16.12'xz Gulf Oil Cda BROS. LTD., Directors of her we miss her Ex. 75 Greyhound Lines 1525 Iron Bay 4.75 Hawker Sid Alberta Hog Producers Marketing her our i io Hiram Walker A 42 35 renls- 620- rn brackets: 1 r un6r3l Service. Phone 328-2361. remembered and sadly missed by her children, Quebec .23 !6 Huron Erie 26.37 vt-Kerr Addison 1200 Imperial Oil A 2775 Key Anacon .23Vi Imasca A 29.25 Labrador 29.00 ln' Nickel 24.00 Lake Shore 4.30 ln' p'Pe 13 87 pfd. series A, 23.25 cenls; S, 1 aV per-cenl pfd. 1965 series 2375 cents- Calgary. Sd.da I B..I n- TO-per-cenl pfd. 1973 series, 38.75 (53 15K I cenls. all payable April, April 30 T.IK u n inn II Var record Mar li- f i fH 97 1. lotal nogs sold average 53.51. 1 jioi IN MEMORIAMS PALLIN In loving memory of a dear mother and grandmother, Helene Irene, who passed away February 14th, 1973. Peacefully sleeping, great grandchildren 574 CARDS OFTHANKS The children and staff of Sifton House extend Silver .12 lnv Group A 7.1 2Vz Madsen H.L. .63 lu International 11.25 Maarllc G.F. 1.25 'AC 19.12W Mann McNeely .29V.- Jannock Maclnlyre 42 50 Kaps 2 12 Mela .11 Kelly Doug A 495 Mid rim ,n l.aurontlde 8.25 Intern Mogul 3.20 Loeb 3 35 NuWesi Homes 7.12'Xz Loblaw A 6.37 New Athona .25 Metro Stores 14.50 New Calumet .15 Massey Ferg Noianda 32.75 McMillan Blue Normgate 4.05 Moore Corp second pfd. series 27.5 cents; sold. 1 pfd., 30 cenls, all payable May 1. record March 31. aTBifwl III Uniled Weslburne Industrie! Lid., EaminOS 'I-' .It record March 14. By THE CANADIAN PRESS m bills mne B'l 1 monlhs ended Dec. 31: 1974. i at you's to all who 15 Molsons A New 91-day loss. 10 cenu a share; 1973, Vi i The world's weary troubles and trials are past, In silence she suffered, in patience she their lime and efforts during the Christmas season. Thank you for the gifts, candy, parties and cards. It was Point 29.25 Molsons B 16.50 Placer Dev 14.50 Nachurs 7.87Vi Pax' Exp. 1.75 North Cent n 50 Quebec Man .17 Peylo 3.75 Rayrock i.QO Power Corp 9.25 Radiore .20 Pr'ce Co bills issued Thursday: Profil. 75 cen's. 1 TERMS million at an average price of 9B.427 Bell Canada, year ended Dec. 31: 1" and an average yield of 6.41 per cent. J5.57 a share; 1973. I'.- 1Q7R MflNTFRH Lasl week: S255 million al average 1; lalOBIUHICBU price of 98.436 and average yield of 6 37 Canada Cement Lafarge Ltd., year V8, power steering, power Till God called her Algom 2425 Rothmans ended Dec. 31: 1974, 11. 19a brakes, vinyl rool. radio. to suffer no more. remembered and sadly missed by Marion, Floyd, David, Ralph, Grace and tne cniioren will always remember. Sincere wishes to all for 1975. children and staff and Kay Bluekens, Gordon 6.25 Shell CDA 1600 Sleep Rock 1.01 Simpson's 8.25 Sunn ngdale 3 95 Simp Sears 10 25 Teh Corp. A 2.80 Steel of Can A 28.00 Texmont .19 Selkirk A 13.25 United Canso Texaco Western Mines 1.73 Trad Group A 165 million at an average stare; 1973, S1.29. priceof96.938andavcrageyieldof6.34 Canadian Marconi Co. Lid., n ne i SL- V per cent. Lasl week: J65 millinn al monlhs ended Dec. 31: 1974, wmoows. average price of 96 912 and average a share: IS73, 24 STOCK N0. 53M 1 JB MMt (30.000 MM) yield of 6.39 per cent. JD. Carrier Co. Ltd yearend- No, including mainl.nance and insurant.. Sifton Copper Mings 1.60 Tr Mln Pipe Oct. 31: 1974, 17 cents a Hargreaves 1.55 Tr Can Pipe 11 share: 1973, 17 cents. 1 66 Union Carbide 18 VallJfi Goodyear Tire and Rubber Co. PALLIN In Union Gas Ltd., 12 months ended Dec. 31: 1 Vnu only drive in ilsprimi; memory of dad and Bear 2.35 Union Oil (CP) U.S. dollar in 1974, J2.91 a share; 1973, 1 any model or style. And father, who passed -The family of Mfg of Canadian funds at noon Fri- 1 llrVQ nd iilxjut down puvmenl February 12th, 1959 and mom and grandmother on Clelus Kaupp would like to thank their relatives INDUSTRIALS 10-25 Woodwards A was off 1-50 al 9-50. Pound Great Canadian Oil Saudi Ltd., la allowance. Lcosine "is all it sterling was off 4-25 at 47-100. year ended Dec. 31: 1974, 1 lurn >1011rs tHv uhucl In New York, lhe Canadian dollar profit, no per share figures available' 1 iniu [ileusani limes for 14th, for the masses, 21.25 up 1-50 at 41-50. Pound sterl- 1973. To your place of rest cards, flowers, Steel cdn 'mperlal 26.50 Atco nd 17.12'A Monlreal was off 11-50 al 1-25. Inflii Ltd., year ended Dec. 31: 1974, 000 55 a share' 1971 travel, And flowers I place to lhe house and for helping in any way during Ind 6.75 Nova Scotia 40 25 Bell Tel 46.87W Royal 3l25 Brascan A 12.6214 Toronlo.Dom fmmft nrlAAA Ontario Trust Co., year ended Dec. bereavement. 31: 1974, 34 cenls a share; lailB But no one knows the lo lhe doclors and (CP) Wheal board "nc'' months ended .9 lhe Inlensive Care Unil feed grain prices: No. 1 feed rw .11- 1971