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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 22, 1971, Lethbridge, Alberta Ftbrugry 2J, 1971 THI UTHWUDOI HERALD 17 SIM Market prices decline sharply TORONTO (CP) Prices dropped sharply in light mid- morning trading today at the Toronto stock market. On index, industrials were down .87 to 175.63, golds 1.40 to 180 35, base metals .33 to 92.11 and western oils 3.66 to 201.30. Volume by 11 a.m. was shares, corcpared with at the same time Friday. Losses outnumbered gains 135 to 72 with 172 issues unchanged. Weakest sectors were banks, industrial mining and real f.s- tale. Pacific Pete was down to Husky Oil to Weldwood to 51814, Home A to Sherritt to Sms, Great Plains to ?32. Canadian Superior Oil Vt to and Western Decalta 15 cents to ____ Banff Oil takeover scheduled OTTAWA (CP) The planned absorption of Banff Oi Ltd. of Calgary by French owned Aquitaine Co. of Canada Ltd. has drawn slight attention in official Ottawa. The takeover, in which Bant will disappear as a separate entity next Wednesday, is no regarded as comparable to the mooted sale of control ove Home Oil Co. of Calgary to U.S politically-volatil issue that provoked a specia debate in the Commons. Banff, smaller than Home Oi has been effectively, controller by Aquitaine since the middl 1960s and has been a subsidiary of the French company in ration and production. Aquitaine, which is controlleeen sulking fast sines the ses- sion's start, had tumbled 10.61 points, or 1.20 per cent, to 167.95, near the low for the ses- Among Canadians Massey fell to Mean to Canadian Pacific to Inco to and Granby to ;o Hudson Bay gamed to On the American exchange Jupiter was off at Scurry at and Javelin and Marconi tt at and re- spectively. Livestock Lethbridge Livestock AFTERNOON SALE Calgary Livestock CALGARY (CP) On offer to 11 a.m., about 300 head; I mostly cows and replacement I cattle. Trade was active. No choice slaughter steers or I heifers offered with other i grades of steers selling steady; cows were mostly medium and eanner kinds selling steadily. Good to low choice steers 30 to 31.70, medium 29 to 30. Good icifers 28 to 28.70, medium 20.25 to 27.75. Good COWS 19.50 to 20.50, medium 18.50 to 19.50, canners and cutters 16 to 18. Most replacements were steers and heifers in the lighter weight ranges selling at prices. A few stock calves sold steady. Good feeder steers less than 750 pounds 34 to 36.60. Good feeder heifers 28 to 31 depend- ing on weight. Good stock and feeder cows 18 to 21.20. Good stock heifer calves 31 to 33.10. Hogs base price 22.05. Vancouver, Calgary, Montreal (Suppiitd by Doherty, Madhouse and McCuaig) LAST BID OR SALS quotations Nation's dollar is mighty By BUD JORGENSEN Press Staff Writer m. OaoW, Wf STIHH OILS Alt! East Gil Almlnex Asamen Banff B. P. Oil can South Cdn Exp Gas Ashland Grid Cdn Home Cdn Home Pfd Cdn Indus Gat Cdn Long Is Cdn Superior Cent Del Rio Charter Chleflan Dome Pete Dynam Pete Total Pete Gt Plains Mill City New Cont North Cdn Oil Numac Permo Petrol Pinnacle Place Gas r Ponder Ranger Scurry Rain Spooner West Oecalta m. Quoin) HO 15.75 12.7S 6.10 5.30 4.75 11.25 835 15.00 10.75 .71 38.M 12.25 6.75 6.90 (3.00 1.15 7.00 32.00 1.67 .11 7.75 7.60 .65 1.26 .77 1.25 .59 14.25 167s Corp Invest 5.M 5.68 Corp In stock Id 4.10 5.24 MS Dreyfus fd us ll.K 13.M Gr equity 37 25 Gr in shares m growth 10.50 6.55 1.10 2.90 1.90 .78 5.75 mutual Mut accum tgr fund Nat resources N W Finance N W growth Prln growth Royfund United accum Unl savings MISMLIANEOUS INDUSTRIALS Dangerous vitamin NEW YORK che- mist who was a member of the team that isolated Vitamin C four decades ago warns that too much of it "can be dan- gerous." Dr. King cited gov- ernment warnings that too much of the vitamin may severe diarrhea, which he said can be dangerous to children and the elderly and could "conceivably" cause pregant women to miscarry. Rolls-Royce failure boosts jobless LONDON (Renter) Unem- ployment in Britain soared to its highest in eight years as the first effects of the Rolls-Royce crisis and the postal strike began to bite into industry, offi- cial statistics showed here. The department of employ- ment and productivity said that on Feb. 8 there were un- per cent of the work force. This was more than a month earlier. Official, spokesmen said that the big increase was largely due to a rise in the number of work- ers temporarily out of jobs. Government officials believe the majority of those temporar- ily jobless were the first victims of the Rolls-Royce crisis which has hit not only Rolls-Royce it- self but also a great many of its supplier companies. Others are staff of mail order firms wher cent higher and prices ria- ng a maximum of five per cent. Expansion of coal mar- kets, particularly in Japan, but continued over-supplies of sul- jhur and weak prices. Manufacturing: Sales of food and beverages up eight per cent, textiles and wood products up 15 per cent, primary metals 11 per cent, machinery and equipment 17 per cent, non- metallic mineral products two per cent and chemical products 15 per cent. Construction: Increased rev- enues with marginal price increases and better profits due mostly to lower interest rates and availability of money. Wholesale and Retail Trade! A six-per-cent increase in rev- enues, an eight-per cent in- crease in volume and a four- per-cent increase in prices. 15.25 14.75 30.37'A 14.SO 22.87'A 23.75 19.50 ELECTRONICS TECHNICIAN SOUTH CENTRAL ETV (Comet Studio) requires ELECTRONICS TECHNICIAN lo assist in operation, maintenance, and repair of television studio distribution system and audio visual equipment. Usual employee 'benefits. Alberta Health and Blue Cross, etc. Duties to commence immediately. Salary commen- surate with experience and qualifications. Apply giving age, marital status, experience and references to the undersigned. F. T. DAWLEY COUNTY COMMISSIONER COUNTY OF MOUNTAIN VIEW NO. 17 P.O. BOX 100, DIDSBURY, ALBERTA New York stocks Supplied by Richardson. Securities of Canada NEW YORK STOCKS Std Oil of N.J. 74.00 10 base met 91.89 off .55 Chrysler 26 Texas Gulf 15 west oil 200.42 off 4.54 Sen Motort 79.75 TORONTO AVERASES Volume gen moron )JS AVER4BES Sears 76.00 20 golds 180.29 off Volume SELKIRK FIREPLACE FOR HOURS OF PLEASURE Hog prices EDMONTON (CP) Prices to 11 a.m. today provided by the Alberta Hog Producers Marketing Board: Edmonton: Quoted 21.75 lo 22.05, selling 21.75, average Friday 22.32. Calgary: Quoted 22 to 22.15, selling 22.05, average Friday 22.33. Red Deer: Quoted 22 to 22.05 selling 22.05, average Friday 22.34. Lethbridge: No sales. Aver- age Friday 22.30. Lloydminster: No sales. Av- erage Friday 21.75. Total hogs sold Friday average 22.32. Sows average 13.60. Partyn, Co. aryn CHARTERED ACCOUNTANTS 1003 4th Avenue South, Lethbridge Announce the opening of PROFESSIONAL OFFICES At: 239 24th Street FORT MACLEOD, ALBERTA Attended Tuesdays 9 a.m. to 4 p.m. And 140 Main Street North MILK RIVER, ALBERTA Attended Thursdays 9 a.m. to p.m. TELEPHONE Lethbridge 328-4426 Milk River 647-3544 Fort Macleod 234-3944 UTILITY FIREHOOD Dollar value MONTREAL (CP) U.S. dol- lar in terms of Canodian funds was down 1-16 to 13-32. Pound sterling was up Vi to 15-16. NEW YORK (CP) Cana- dian dollar up 11-64 at 99 35-64 in terms of U.S. funds. Pound sterling down 1-64 at 29-32. ROAD CONSTRUCTION FOREMAN SOUTH CENTRAL ALBERTA COUNTY requires the services of QUALIFIED ROAD CONSTRUCTION FOREMAN Capable of laying out and estimating road con- struction projects and on site engineering. Salary to be negotiated. Usual employee benefits including in- surance, health benefits, etc. Apply stating age, marital status, experience, references and availability to commence work to: F. J. DAWLEY COUNTY COMMISSIONER COUNTY OF MOUNTAIN VIEW NO. 17 P.O. BOX 100, DIDSBURY, ALBERTA Every home should have the friendliness and warmth of a fireplace You can in- stall it in any room in the house, easily. Complete from floor to ceiling. Your choice of beautiful colors and finishes.. We Also have a good stock of FIREPLACE LOGS and ACCESSORIES SHORT OF CASH? CHARGE 111 CRESTLINE BUILDERS MARKET LTD. "LETHBRIDGE'S INDEPENDENT BUILDING SUPPLY HEADQUARTERS" 123 30th St N. Phone 327-5444 or 327-5110 ;