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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - January 2, 1973, Lethbridge, Alberta Tueidny, January 2, THI IFTKtSIDCE HERALD 19 Miscellaneous quotations Vancouver, Calgary, Montreal (supplied bv Uoheru. Medial' Limited) LAST CID OR SALE B..T- CLIC-SS) (II Co WESTERN OILS M Bay P'd C-- Ev.iV 'H-.ntx R.-ss-il ir, B- 1S.HH.K A'-a Essi c-as Ji 0'' 6'2 Asar-eri 3 Full employment Sugar 6eet slicing -is it dream? itwfc completed cci Mi V.iSt l-'fl C4LG4KY 51 i.-.! "'I.- 23-r-i C' Stock prices up at mid-session PIPE LINE STOCKS c-is if C-3E :s- Gas i1 C-'sv 9" MISCELLANEOUS I" Vi V- MUTUtL FUN_D5 _ 5.C P-A 1515 NEW YORK (APi Stock market prices spurted ahead in the first half-hour's trading to- day, thec continued higher at a more restrained pace. The Do-.v Jones average of 30 industrials El noon was up 12J9 to 1C32 21. Over 10 points of this gain carae during the first half- fiuur of the session- Advances topped declines on the New York Stock Exchange by nearly 5 to 1. Among Canadians. sd- LS'.'r '.15 i.'l OILS 5 Cc-z '-i i "5 7 1--5 C-r rd 5.-'3 5 ci 01 Dre. Fd US. i- Toronto mines, industrials fSopplifrJ By TIJrha.rdsiiD PecTirilies ol Canada) MST BID OR SALE P.C O'l C.; '.'j- !5 1 TORONTO 'CP) Prices on the Toromo stock markei j sharply higher in moderate mid-morning trading Tne indussial index, consid- ered a major indicator of mar- ket trends, uas up l.M to 222.57. golds to 1S5.31. base metals .23 !o 85.17 and western 1.18 to 274 72. Volume by it a.m. 000 shares compared inth 652.- j OCO traded by Lhe same time i Friday. Bark, beverage, oil refining and bdusirial stocks amorg sectors cf the mar- kct recording gains while nier- 1 chaijcusine. s'.eel and issues v.-ere the only sectors showing a majority of losses. Advances were welJ ahead of declines. 145 to 61. 141 is- sues remained unchanged. ______________ Canadian Imperial Bank rose 1 to Kl-t. Automotive Hard- I ware -5 to S14'5, Metropclitan Stores '-2 to Ssagrams to .C4.j1; and Inco 'r to P.eitraan's A slipped h to SIS. Peoples Stores to Dy- A to 523. BeD Canada to Mi's and Crov.s '4 lo Co Grarby Miring to lo S521; aad Vralker-Gocderham l-s to S53. dropped -j to S4S On the American Stock E.v Canadian Javelin rose :-i to S6rs :s 10 acd Pi-esion 1i to Can Canada achieve full em- ployment, or whatever is re- garded as full employment, or is that dream being discarded by economists'' Most admit that getting the unemployment level down to the 4.5 per cent target ior 1975 set by lhe Economic Council of Canada trill be difficult. The council's chairman. Andre Ravnauld. said the target was set on the understanding that unemployment this year would average about 5.6 per cent. In fact, it is running a: abou; 6.3 per cent. In the past, a tnree-rer-cer.i 1 unemoloymeni rate had been considered acceptable. Finance Mirkier John Turner, a; an in- vestor conference in Toronto in the past week, declined to" be drawn bio a discussion on what is considered acceptable unem- ployment. By Gens Fawcerte AUXSMAP TABER season-1 About 120 temporary empjor. By RICHARD ANCO I He said he had seen the econ- Canalian Press Staff Writer omists gradually increase the rate from three per cent to 3 3, al operations at Lhe Taber and ees at each plant have been and DOW to 4 5 per cent But Picture Butte factories o! Ca- laid off. is a human not nadlai1 Sugar Factories Ltd.: Despite the increased acre- a statistical problem i concluded over the weekend age of 43.500 compared with after nearly 100 days of con- i 42.000 harvested last year, sea- tinuous sugar production. Slicing of sugar beets was CITES ULTIMATE AIM "My ultimate goal is the creation of a sufficient number completed at the Picture Butte of jobs (o employ those Ca- j plant at 13 minutes after mid- nadians who are able to work. Dec. 29 and the Taber who want to work and who are ended its 1972 run at prepa-ed to make s reasonable effort tj find work.'; Mr. Turner noted a "troubling paradox'1 in statistics showing a high level of unemployment while some factories report p m Grain prices Winnipeg Grain WINNIPEG (CP) Rspe- Lrouble obtaining worker Ke it may result from ;he soeicl phenomenon made Canadian youth -ore selective in job-seeking.; 391.682 tons at 3.945 tons per Tr.-e economy would have to ad- iracoocal losses ji a rr-.Mcrate just everruallv to meet de- of trade at mid-session .aV r more meaningful cn lhe Commodity Exchange today. sonal conditions ziid an un- favorable harvest reduced both average yield and s'Jgar con- tent. Sugar produced totalled just under 145 million pounds which is about 24 million pounds be- The total beels processed was 628.035 tons, do'.vn about tons from the previous vear. The Picture Butte plant slic- ed 241.907 tens at a rale of 2.451 tons per day. At Tafaer the operation sliced won sons, most economist agree no P-EVMUS quick cure ior unemplo'-inent is "LC- reo; S7101C of man. i-s advice 107 cicse levels was r: to 75 cents. No cows or bulls offered. A-l asd .-'.-2 3? to A-! and A-I he-jers "r4 to 35.60. Bepi2renier.s u'g-? sho-.t- keep s'eers arjd hei-'c- select- rf 'frorj the siaur' d- ferhgs. "steers weighed raore 'i-.n 1.000 pounds and bej'ers were 900 pounds and "r. GOM "veers ET-EI i.CW 33.-W to 3P.60. heifers rriore triar pomes to ?Co to 11 XEW YORK fCpi-Canadian at nwn 5t T V. :V" 13-32 in terms of V.S funds. Pound sterling 3-32 at 52.S4 NOW IS THE TIME TO INSTALL ZONOLITE INSULATION FIREPROOF ROTPROOF VERMINPROOF ODORLESS If the insulation in your attic is less than 4" tlvcln ony under ony cona'fiion iL-Tpasses peak power demands oi any ccr. Th-5 Diehard ask for full c-? 5 guoranlee. more plates more acid more life more power more starts You can do-it-yourself or let our men complete the job for you: FREE ESTIMATES Per Sack.... ADVANCE LUMBER CO. LTD. Supramatic Shock Absorbers Reg. SA.99 C.55 %f EACH Guaranteed 24 months or miles Goc-o' Eciucil cvicinc! r; CHARGF.X Corner 13th St. and 2nd Ave. S. Phone 328-3301 "Your Pioneer Lumber Dealer Since 1925" Save I3c All Season motor oi! m S'mpscns-SM's vn.i pn! "IP auarantee or monty rtluncttd delivery SERVICE STATION HOURS: 8 a.m. to i p.m. Daily Thursdny onH Friday until 9 p.m. Cen're VHIIags f 2nd Avp. ond !3lh St. N. ;