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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 23, 1974, Lethbridge, Alberta inc LcindhiUOic HuKALU Saturday, evoruary a, THE STOCKMAN'S MARKET WESTERN COWS BRED EXOTIC SALE MOM., FEB. 25th at 1 p.m. 200 Females Bred to NORMANDY CHIANINA MAINE ANJOU SIMMENTAL PINZQAUER TARENTAISE etc. 300 to 500 HOGS SELL Tues., at 1 p.m. also Dairy Cows Baby Calves Sheep Market Hogs Shipped Daily Live Weight and Dressed Basis Special Rancher Calf Sale WED., FEB. 27, 1 p.m. TOP QUALITY RANCH CALVES YEARLING FEEDER AND, FAT CUTTLE and CALVES Thursday -1 p.n, 600 HEAD 600 NAVAL RESERVE NO 4 ALEUTIAN ISLANDS Livestock Stock Cow Sale FBI.. March 1st 1 p.m. 600 HEAD 600 SPECIAL: 300 one owner Hereford and Hereford- Angus Cross Heifers weighing 900 to 1000 Ibs. Bred to Angus and Murray Gray. KANE SANDER CHAROLAIS SALE MON., March p.m. 42-2 year old to Pure 23-open Heilera V. to Pure 16 old 6 Bred Cows LE GRANDE LIMOUSIN LTD. LIMOUSIN DISPERSION Bull -GibiwClM 170 PIU...JCO Bred and Open Limousin Females Friday, March 8th 1 p.m AG-EXPO GIGANTIC AUCTION SALE SAT., March Noon LETHBRIDGE EXHIBITION PAVILION Agricultural Equipment HouMhoM SPRINGTIME SIMMENTAL SALE MOfL, March Built ENTRY DEADLINE FBI., MARCH 1st PERLICH BROS. AUCTION MARKET LTD. Located in the Hub of Southern Lnrattocn Imtuttrjr 3 mites east of on Highway 3 and 'A mile south BOX 1057, LETHBRIDQC T1J4A2 Phone Day or Night 329-3101 PLEASE NOTE NEW PHONE NUMBER 329-3101 Company UconM No. 071465 AUCTIONEERS: JOE PERLICH 0OBBALOQ TONY PERUCK UC. LIC. DC. Changes coming Map shows Naval Petroleum Reserve No. 4, on Alaska's north shore, for 50 years left pretty much to lemmings and caribou. But the energy crisis may hold many changes for the 23 million acre reserve, estimat- ed to hold up to 100 billion barrels of recoverable oil. Winnipeg grain WINNIPEG (CP) Hedgers, locals and commission houses were active traders on the Winnipeg Commodity Exchange Friday and when the session ended they had combined to produce generally strong prices With the exception of nearby flax and one rye month, all positions were advanced at the close, reversing a weak trend that had prevailed through mid-session. Heavy hedging and selling pressure yearly in the session drove most commodities' prices down but the buying interest in the final hour reversed that trend and produced the strength. At the close flax was five lower to unchanged, Vancouver rapeseed 20 to IVz higher, Thunder Bay rapeseed three to 15 higher and rye higher to two lower. The volume of trade Thursday ws byshels of rapeseed, of rye and of flax Thunder Bay export wheat pnces all were unchanged. Hog prices EDMONTON (CP) Average closing prices Friday provided by the Alberta Hog Producers Marketing Board, Thursday pnces in brackets: Edmonton 47.54 Calgary. 47.38 Red Deer. 47.51 Lloydminster; 46.65 (47.01) Lethbridge- Nil Fort Macleod. Nil Total hogs sold average 47.47. No sow sales. grain EDMONTON The Alberta Gram Commission reported Friday very little change on feed grain prices Considerable grain being offered in most areas during the present spell of good weather. Feed grain price ranges in the Lethbridge district are wheat 65, oats and barley From Medicine Hat Brooks prices reported are wheat oats S1.50-J1.65 and barley 50. The Calgary office advises wheat 60. oats and barley 50. Some slight changes from Red Deer and district with wheat oats 50 and barley The Vermilion market remained constant with wheat oats and barley fl.90-f2.2S. The Edmonton reporter quotes price ranges as wheat oats 40 and barley f2.25-f2.45. Again no change in the Peace River district with wheat oats and barley Egg prices EDMONTON (CP) Weekly egg and poultry report issued by the federal agriculture department: EGGS: To producers: A large 71; A medium 68: A small 50; B 51; C 10; cracks 28. To retailers: A large 83-84: A medium 8041; A small 6549. (three cents entra in cartons) To consumers (in A large 92-93: A medium A small 75. POULTRY: To piuduceiv live No. 1 chicken broilers. 35ft; 6 and over. 40: 5 and under 6. Fowl trader 4.10-12. tnrkey-nnder 12. 12 to IB. 46H: over !8. Live No 2 chicken-6 and over. 36; 5 and ondw turkey awter 12. U to 18. over 18. 41ft. Grain quotes Friday basis Lakehead- High Low Close Flax 1223 1218 1184 1177 May Jly Oct Nov Rapeseed Vancouver Mar 777% 751 Jun 735 715 Sep Nov Rapeseed Thunder Bay 1220 1177 1118 1080 772% 733 650 May Jly Oct Nov Rye May Jly Oct Dec 733 708% 345 336% 718 697 330 323 730 707 675 665 345 336 318 305 8 3 6Vi% Bonds GOVERNMENT OF CANADA BONDS Oct. 9835 Jul 103.75 Sept Sept 79.00 Sp1S Perp 38 00 Apr 9885 Jul. 10075 9845 104.25 81.87V4 7950 4000 9895 100.85 PROV. AND PROVINCIAL GUARANTEED BONDS Alta Ont Ont Hyd NB. Nfld NS Que Alta Man Hyd Sask Nfld AGT ManGT '90 10250 103.50 7 '88 8800 8900 9 '94 10425 105.25 914% '90 105.50 106.50 8 74 99.50 '92 80.50 81.50 74 9950 '90 10250 10350 8 '91 94 50 95 50 '90 101 50 102.50 '90 105.00 106.00 8 74 99.00 10000 8 74 9900 10000 INDUSTRIALS AGasTr "90 101.00 10300 Alcan '91 101.00 B.C. For '92 102.00 104 00 BCTel '90 101.00 103.00 Bell Tel 79 101.00 103.00 Bell Tel '93 10300 10500 CPUd '89 9900 CPSec '90 10100 Cdn Util '91 103.00 CWNG '90 103.00 Gulf '90 99 In Pr Pp 9V.% '90 101 00 103 00 Massey '80 101 00 Noranda '90 100.50 Intl Nick "90 101.00 103.00 Gas 9'A% '91 102.00 104.00 Steel Cda 9Vi% '90 10200 TrCda Pp '90 103 00 TrCda Pp 10 "90 104.00 W Trans 8Vj% "93 9400 95.00 CONVERTIBLES Alta Gas '90 125.00 135.00 Con Gas 5VS% -89 86.00 88.00 Ackland '88 10000 10500 Scur Ram '88 93 00 95 00 W Tran C '88 84 00 86 00 WeStTr '91 109.00 111.00 Dividends By THE CANADIAN PRESS Dividends are quarterly unless otherwise noted. Imperial Oil Ltd., 20 cents. March 29. March 1. IntcrproviDcU! steel and Pipe Corp.. 25 cents, increase of five cents. March II. record Feb. 25. MacMillan Bloedcll Co.. 37% cents. March 15. record Feb Power Corp- of Canada Ltd.. 7% cents. 29. record March 1: percent first pfd. series 1965. cents. April 15. record March cent pfd.. 15 cents. May 15. record April 26 Falcoabridie Copper Ltd.. 20 cents March 29. record March 8 Monarcn Life Co.. 22% cents, increase of 2% cents. April 2. record March 15. Ottawa OTTAWA (CP) Receipts of slaughter cattle increased by more than 300 head at the 10 public stackyards this week, with about offered. in its weekly livestock report Friday, the federal agriculture department said a narrow demand for steers and heifers in Toronto was caused by continued U.S. imports and resulted in prices J3 lower. However, heifer prices recovered from last week's decline under a good demand and closed to !2 higher In western centres Al and A2 steer prices declined to in early trading but Winnipeg reported strong mid week trading with steer prices advancing D-l and D-2 cow prices fell in all centres with Toronto lower and western centres steady to lower. Vealer calf prices remained steady. Feeder cattle and calf receipts declined head with about on offer Prices in Toronto remained steady under a moderate demand In western centres prices were steady to higher under a good demand. Winnipeg reported closing losses of for steer calves 401-575 pounds and heifer calves 401-550 pounds due to a narrow demand after initial early trading advances of 50 cents Receipts of sheep and lambs numbered the same as last week. Hog prices declined 35 in Toronto and prices in the western centres were from 50 cents lower to 25 cents higher Slaughter cattle, steers A-l and A-2. Calgary 46.50 to 47.70, Edmonton 44.50 to 45 70; Saskatoon 45 to 47.80; Winnipeg 48 to 49; Toronto 47 to 50 Heifers, A-l and A-2- Calgary 43 to 43.90, Edmonton 4150 to 42; Saskatoon 41.25 to 42.75, Winnipeg 42 to 43, Toronto 45 to 48. D-l and D-2 cows. Calgary 32.50 to 34; Edmonton 33 to 34 50; Saskatoon 31 to 33, Winnipeg 33 to 34; Toronto 34 to 35. Slaughter calves, good and choice veal Calgary 40 to 41; Edmonton 33 to 41; Saskatoon 38.75 to 40; Winnipeg 36 to 43; Toronto 36 to 43; Montreal 34 to 45. Feeder steers more than 750 pounds: Edmonton 43 to 47, Saskatoon 38 to 45, Toronto 47 to 51. Feeder steer calves 401-575 pounds: Edmonton 47 to 53; Saskatoon 35 to 47 80; Winnipeg 44 to 48; Toronto 50 to 58. Good lambs. Calgary 38 to 40, Saskatoon 35 to 37.50; Toronto 46.50 to 48 Index 100 hogs dressed- Calgary 47.70 to 48 70; Edmonton 47 to 48.25; Saskatoon 46.55 to 46.90; Winnipeg 46.25 to 4785, Toronto 51.10 to 53.35, Montreal 50 81 to 52.75. Chicago markets CHICAGO (AP) Commoditv futures generally traded on an international basis advanced sharply, in most cases, on the major exchanges in the United States this week A strong demand for futures, some hedging against inflation and steadily rising cash prices contributed to the higher futures prices Silver cotton, copper, world sugar contracts and cocoa posted strong gams while wool coffee and orange Earnings Bay Mills Ltd., six months ended Jan 31- 1973, 1972, 27 cents C and C Yachts Ltd., three months ended Dec. 31. 1973, seven cents a share; 1972, one cent. Canadian Industrial Gas and Oil, year ended Dec 31- 1973, 72 cents a share: 1972, 50 cents. Canna Developers Ltd., year ended Dec. 30: 1973, million, a share. 1972, million, 70 Great Plains Development Co. of Canada Ltd., year ended Dec. 31- million. a share. 1972, million, Greyhound Lines of Canada Ltd., year ended Dec 31: 1973. 54 a share: 1972, 52 IAC Ltd., year ended Dec. 3i: 1973. a share; 1972. New Calumet Mines Ltd.. three months ended Dec. 31: 1973. 1972. loss Power Corp. of Canada Ltd.. year ended Dec. 31. 1973. million a share: 1973. million. Price Co. Ltd.. year ended Dec 31 1973. 8 million. 78 cents a share: 1972. 7 million, 67 cents. Republic Resources Ltd., six months ended Dec 31: 1973. 5.4 cents a share. 1972. no comparable figures. Rcthmans of Pall Mall Canada Ltd.. six months ended Dec. 31: 1973. 5 million. a share: 1S72. 1 million. 42. Shephard Products Ltd.. six months ended Dec. cents a share: 1972. 2S.6 cents. TD Realty Imeslments. year ended Dec 31- 1973. 76 a trust unit: 1972. 31 cents Western Mines Ltd.. .year ended Sept. 31. 1973. a share. 1972. 38 cents. Tele-Capital Ltd.. year ended Aug. 31. 1973. 59 cents a share- 1972. 54 cents. Union Oil Co. of Canada Ltd.. year ended Dec 31. 1973. 87 cents. 1972. 65 cents WCI Canada Ltd.. year ended Sept 30 1973. a share. 1972. S4 487.412. 85 Gwrie Weston Ltd.. year ended Dec 31. 1973. a share. juice futures eased in price Wheat, corn, soybeans, oats soybean oil were mostly higher, but soybean meal was uneven on the board of trade Pork belly, shell eggs live cattle and live hog futures all declined on the mercantile exchange Silver and copper futures were in heavy demand throughout the week as sellers backed off. fearing to take a position that might lock them in without an immediate possibility of liquidation. Silver rose up to 48 cents an ounce, while copper gained 1.200 points Cotton futures gained nearly a bale, world sugar rose 400 points and cocoa 650 points Increased marketings and storage contributed to the losses of futures Pork bellies fell nearly 400 points cattle dropped nearly per hundredweight along with live hog futures Soybean oil again moved independently higher through most of the week, largely because of the continuing strong demand at the cash level Despite Peru's decision to resume fish-meal operations in March soybean meal futures improved early in the week, then fell back at week's end under profit-taking Wheat- Mar 625Vz; May 611; Jul 5.54, Sep 5 48, Dec 5 49 Corn. Mar 3.29, Jul3.38V2, Sep 3.31, Dec 3.11, Mar 3.14. Oats- Mar 1 70; May 1.75, Jul 1 74, Sep 1 76; Dec 1 75V2 Sale Managed by Perlich Bros. Auction Market Ltd. 403.329-3101 Box 1057 LETHBRIDGE, ALBERTA Simmental Herd-Builder Sale SAT., MARCH 1 P.M. SHARP PERLICH BROS. SALES PAVILION, LETHBRIDGE. ALTA. SELLING 222 SIMMENTALS ANOTHER QUALITY IN QUANTITY FEMALE SALE Heifers Due Mar., Apr., May. Heifers Bred Cows Due Mar. A Apr. with Heifer Calves at Side Vi Heifers Short Service Vz Heifers (Yearlings) All Hereford background on trie maternal side. Sires represent some of the top SimrnentaJ bloodJmes available on the North American Continent. AH bred females are pregnancy examined Buy with confidence. OWNER BIO SKY LAND A CATTLE LTD., LETHBRIDGE, ALTA. Calgary CALGARY (CP) Friday's sales at the Calgarv public stockyards totalled 192 cattle. 33 calves and 92 hogs The cattle report was unchanged The base price of hogs was 47 65 Perlich There were head of livestock sold this week at Perlich Bros. Auction Market Ltd Receipts included 551 cattle and 816 hogs. Feeder cattle market showed some stiength. Majority of the cattle were trading 1 to 2 dollars higher with a strong demand from local feeder and order buyers Price quotations as follows- SLAUGHTER CATTLE Dl and 02 cows 30 to 32.50, D4 cows 25 to 30, Shelly cows down to 15; Bologna bulls 35 to 41 REPLACEMENT CATTLE Steer calves, 250-400 Ibs., 50 to 56; steer calves, 490-500 Ibs., 50 to53, plain quality steer calves, all weights, 45 to 50, feeder steers under 800 Ibs. 47 to 49 10; feeder steers, over 800 Ibs 46 to 48; heifer calves, 400-500 Ibs., 41 to 45 25: heifer calves, over 500 Ibs., 40 to 44.75, plain quality heifer calves, 35 to 40, feeder heifers 37 to 38.50. feeder cows 27 to 32, good quality stock cows and heifers 375 to 440; medium quality stock cows and heifers 300 to 350; plain quality stock cows and heifers 250 to 300 HOGS AND UAIKY CATTLE The weaner and feeder hog market met with a strong demand from local buyers, prices 2 to 5 dollars higher. Market hogs, dressed weight, 46.80 to 47 25; good weaners 20 to 28; light weaners 10 to 18: feeuers, under 100 Ibs 30 to 32 25, feeders over 100 Ibs. 47 50 to 59, bred sows and gilts 92 to 130; baby calves 62 to 90: good quality dairy cows and heifers 600 to 875, medium 400 to 600. plain 310 Gold futures WINNIPEG (CP) Gold futures, U S funds, Winnipeg Commodity Exchange close Friday. Apr 74165.80B, Jly 74172 25B, Oct 74 179.'OOB, Jan 75 185.20B, Apr 75 190 OOB Thursday's volume- 477 contracts. Beef futures WINNIPEG (CP) Live beef futures close Friday. Mar 49.25B; May 53.40B, Jly 52.00B, Sep 53.20N. Thursday's volume- Nine contracts For Complete Livestock Sales and Service. call FRENCH Monday p.m. Feeder Hog WEDNESDAY 1 a.m. FAT and FEEDER HtJP CATTLE I; SLAUGHTER HOGS ASSEMBLED AND SOLD MONDAY THRU FRIDAY. WE BUY AND SELL FAT AND FEEDER LAMBS DAILY. WE CARRY HARTFORD INSURANCE ON ALL LIVESTOCK.____________ rJMBrtirc ol slMjhlir hcilltlM tor fading ind Ipidlng hogs Top Quality Plut Baby REGULAR SALE FRIDAY FAT and FEEDER I CATTLE SALES V Friday-ip.m- Special Stock Calf Sala ED FRENCH 328-3986 DANKLASSEN 345-4358 KEN MILLER. Mignlh 758-6607 LOUDEJAGER 345-4489 WHITHENINGER 328-7354 CONSIGN ALL YOUR LIVES fOCK TO: C. E. FRENCH LIVESTOCK "In the Heart of Canada's Ranching Country" Phone Office: Stockyards: 328-3986 P.O. BOX S.S. 1-7-7, LETHBRIDGE, ALBERTA CANADIAN GENETICS CANADIAN GENETICS (LETH.) LTD. Artificial Insemination School Starts March 4-15-1974 Meet at the Stud from p.m. Monday to Friday Price includes tuition, books, and material required f> Mail applications early school limited Phone 329-3212 Located 1 Mile South of McNally School MacLEAN LIVESTOCK LTD means Sound Order Buying Service! DUE TO 1. Direct buying of fresh rancher yearlings and calves 2. Large weekly shipments of feeder cattle from: Central and Northern Alberta (b) Saskatchewan (e) Interior Britten Columbia 3. Complete coverage of local auction markets. Employ Us to Beef up Your Profits! Phone Mac Maclean 732-4211 Box 419-Picture Butte PICTURE BUTTE AUCTION MARKET in the country CALVES Feeder and Fat Cattle Wed., Feb. p.m. 300 Ail Classes of Catife Tnckini w fitVOTMBWRt Viteriiwry w rtns HOG AND DAIRY CATTLE SALE Saturday at 1 p.m. MARKET HOGS ASSEMBLED MONDAY THRU FRIDAY BRED HEIFER and STOCK COW SALE Tues., Feb. p.m. 3OO HEAD ON OFFER 4 JIM or JOE JURIS Pfctore Aocflon Aacnen mcrtiM tacMwf 19 rrMn north d on 75 ;