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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - January 12, 1971, Lethbridge, Alberta IIIMMSS Fractional hike in stock prices STOCKS NOON TORONTO (CP) - Prices were fractionally higher in mid-morning trading today at the Toronto stock market. On index, industrials were up .08 to 176.34, base metals ,23 to 93.04 and western oils .83 to 196.70. Golds were down .06 to 169.25. Volume by 11a.m. was 734,000 sham, compared with 771,000 at the same time Monday. Gains outnumbered losses 136 to 103 with 195 issues unchanged. Strongest sectors were food processing, real estate and trust and loans. Ten of the exchange's 17 subgroups were higher. Among rising issues, Investors Overseas was up 80 cents to $5. Aouitaine % to $26%, Te-Jedyne Vt to $6, Opemiska % to $11, Banff % to $12% and Canadian Homestead five cents to $".55. Leigh Instruments was down % to $13, Lake Dufault Y* to $13%, Ranger Y� to $12% and National Pete 10 cents to $3.10. ACTIVE TRADE MONTREAL (CP) - Most issues gained fractionally pushing the Montreal stock market slightly higher across the board in light' early trading today. Combined volume on the Montreal and Canadian Stock Exchanges was 501,300 shares at 11 a.m. compared with 379,500 shares at the same time Monday. The composite index moved ahead .23 to 174.15. Fraser gained % to $19, Canada Cement % to $40, Royal Trust % to $29% and Scotts restaurants Vt to $10%. Union Carbide declined % to $15% and Velcro Industries Yi to $20. Dome Petroleum advanced Yi to $81% and Denison Y� to $26%. On index, industrials were up .26 to 179.01, utilities .08 to 152.35, banks .29 to 175.11 and papers .17 to 94.95. MARKET HIGHER NEW YORK (AP) - Stock market prices turned down the bid of the profit takers and forged ahead in active trading Tuesday. At noon the Dow Jones average of 30 industrial stocks gained 5.48 to 842.69. The New York Stock Exchange tape had been running late in earlier trading. Among Canadians Dome was up % at $581/8, Massey Vt at $10V4 and Alcan Va at $23%. Hudson Bay was off Ya $19% and Walker % at $39%. On the American exchange Brascan advanced % to $16%, Marconi % to $3%, and Molybdenite % to $3.75. Off % were Javelin at $10% Preston at $8% and Scurry at $21. Jupiter was down % at $8%. at Livestock Lethbridge Livestock (Supplied by Canada Department of Agriculture) On offer to 11:00 a.m. 125 cattle. Receipts entirely butcher steers and heifers. Trade active. All classes of butcher steers and heifers meeting good demand, butcher steers 50 cents higher. Butcher heifers steady. Choice steers 30.25 to 30.60; good 29.25 to 30; medium 28 to 29. Choice heifers 28.25 to 28.90; good 27 to 27.75. Butcher hogs sold Monday f.o.b. Lethbridge 21.65 to 22.15 base price. Monday sales 530 hogs. The few weaners and feeders on offer sold steady. Calgary Livestock CALGARY (CP) - Receipts to 11 a.m., 525 head, mostly slaughter cattle of mixed classes. Trade was strong and active. Slaughter steers sold a full 25 cents higher, with sales to 31.20. Heifers were 25 cents higher, sales to 29.20, cow trade was on a strong basis. Bulls steady. Choice steers 30.50 to 31.10, good 29.50 to 30.25, medium 28 to 29.25. Choice heifers 28.50 to 29.10, good 27.50 to 28.25, medium 26 to 27.25. Good cows 21 to 21.90, medium 19.50 to 20.75, canners and cutters 16 to 19. Good bulls 24 to 26. Replacement cattle were all heavy short keep steers selling at steady prices. Good feeder steers 750 pounds up 30 to 32. Hogs base price 20.55 to 20.65, currently 20.65. Portland Livestock PORTLAND, ORE. (AP) -Cattle and calves 600; slaughter cows steady to 50 lower; slaughter steers and heifers scarce, most feeder classes to sell later in the day. Slaughter steers, individual high good and low choice 28.25; standard and good 22 to 26.10. Slaughter heifers individual standard and good 22.25 to 23.50; slaughter cows utility 17.75 to 22.25. Cutter 16 to 19.75; some high dressings 20.25 to 21; canners 12 to 16.25; slaughter bulls commercial and good 25 to 26.25. No high dressing kind sold. Potato futures WINNIPEG (CP) - Trade on the Winnipeg beef futures market was quiet Monday with a few trades executed in the January future at 10 points over previous close. Offers in other futures, at current levels to 50 points lower, met no buyer support. Friday's volume of trade was four contracts. Jan 31.00 31.00 90.90 30.90A Mar 30.80B May 30.80A PREBCO ANNUAL BUILDERS1 DISCOUNT AVAILABLE TO ANYONE BUILDING OR CONVERTING A RECREATION VEHICLE PREBCO EXTENDS A 10% DISCOUNT ON ALL NEW ITEMS. AS MUCH AS 50% DISCOUNT en slightly damaged or used parts and accessories PrabCo personnel are ready to assist the builder with plans and technical advice PREBCO RECREATION VEHICLES 600 4th AVE. N. PHONE 328-4421 OPEN WEEKDAYS and SATUIDAV MORNINGS Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty, Roadhouse and McCuaig) LAST BID OR SALE (11)00 a.m. Quoten HlsOO a.m. Quotes) (11:00 a.m. Quotes) WISTf UN OILS Almlnax Asamera Banff B. P. Oil Can Southern Cdn Exp Gas Ashland Grid Cdn Home Cdn Home Pfd Cdn Indus Gas Cdn Long Is Cdn Superior Cent Del Rio Charter Chleftan Dome Pete Dynam Pete Gt Plains Mill City New Cont North Cdn Oil Numac Permo Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Spooner West Decal MISCILLANIOUS INDUSTRIALS 5.9S 14.75 12.25 5.90 S.10 4.35 9.20 7.50 .49 11.50 .49 37.50 12.12'/i 4.75 7.75 15.00 1.24 31.50 1.62 .87 C.10 8.50 .70 1.44 .93 12.25 .61 12.B7V4 21.37Vi 1.92 6.35 Agro Ind Aquatalne Brit Nfld Corp Cdn Brew A Cdn Brew B Cdn Hyd Carb Cdn Pac Inv CPR Pfd Cygnus A Cygnus B Cum Prop Gt Cdn Oil Sds Gt Cdn Oil Sds Home Oil A Home and Pit Hud Bay Co Hud Bay Oil 7.50 25.75 5.37V4 30.00 34.87V4 16.37Va UM'/i 9.12'/i S.37Va S.37VJ 14.50 3.80 100.00 28.12Vi> 2.00 15.8714 39.87'/i Hud Bay Oil Husky Oil Husky Oil War Inter Pro Pipe Int Utll Pfd Inter steel Jeff Lake Joutel Kaiser Res Kam Kolls Lake Ont Pt Ca Pac Pete Rank Organ Selkirk Hold Shell Inv Pfd Shell Inv Wts Sicks Rainier West Cdn Sd While and Yuk CALOARY Acroll Anac Pete Barons Oil North Cont Plains Pete West Warner Madison Rexdale PIPELINE STOCKS Alta Gas Tr L A 48.75 Alta Gas Tr L P Alta Nat Gas Inland Nat Gas N and C N and C B Pfd Gaz Metro Th Cdn Pipe Tr Cdn P Pfd Tr Cdn P Pfd A Tr Cdn P War Westcoast Tr Western Pacific MUTUAL FUNDS AGF Special 2.42 All Cdn Com 7.11 7.77 All Cdn Divld 8.16 8.92 All Cdn Vent 3.28 3.58 Amr Gr F 4.8a 5.34 Cdn Invest F 4.43 4.86 Cmnw Lev 3.00 3.29 Corp Invest 5.23 5.72 Corp Iri St F 4.55 4.97 Dreyfus F U.S. 11.51 12.61 58.00 16.37VJ 8.60 13.12VJ 37.00 8.S0 10.75  1.03 7.50 1.20 2.55 28.25 17.00 10.MV4 33.87Va 14.50 3.25 3.70 18.00 1.00 .WW .06VS .02V2 .42 .43 .27 .10'A 76.00 24.00 12.50 1S.87VS 32.00 4.95 34.75 41.50 64.25 11.50 22.37V] 5.12V4 Gr Equity 5.88 648 Gr In Shares 3.18 3.50 Invest Gr 10.41 11.38 Invest Mutual 5,18 5.67 Mutual Ac 4.98 5.48 Mutual Gr F 4.44 4,88 Nat Res 7.08 7.74 N W Fin 4.15 4.56 N W Gr 4.80 5.27 Principal Gr 3.77 4.14 Royfund 5.23 5.39 United Ac 4.48 4.92 Universal Sav 6.98 7.67 Temp Gr 23.93 26.15 VANCOUVER Anuk Arctic Mining Atlas Explor Beth Copper Borntte Ridge Block Bros Brenda B.C. Sugar B.C. Sugar Pfd 75.50 Churchill Copper 1.20 Columbia Cel Crest For Ind Croyden Dolly Varden Dynasty Fort Reliance Giant Mascot Granlsle Key Indust Growers B Hys Inferior Brew Jericho Kamloops Copper Lornex Mairona New Cronln New Imp Mines .21 .15 .61 15.12V4 .11 4.55 7.85 16.75 .41 5.50 .24 .39 5.50 .53 4.20 10.621/a .30 2.90 2.35 5.25 .10 .43 6.50 .48 8.00 1.82 Okanagan Hellcop 3.15 Primer Pyramid Silver Stand Texmont Tro|an Western Mines Westcoast. Res Western Explor Utlca .16 .36 1.44 .59 .32 3.70 .15 .27 .55 Toronto mines, industrials Supplied by Richardson Securities of Canada LAST BID OR SALE (11:00 a.m. Quotes) (11:00 a.m. Queues) (11:00 a.m. Quotes) MINIS Aetna Advocate Asb. Akaltcho Area Mines Bralorne Broulan Bethlehem Brunswick Canada Tung. Casslar Central Pat. Chlmo Con west Cons. Rambler Cochenour Crafgmont Dickenson Mines Denison Mints Dear Horn D'Eldona Dome Mines Donalda Discovery Mines East Sullivan Falconbrldge Frobex First Marltlmes Giant Y.K. Gunnar Grandue Headway R.L. Holllnger Hud. Bay M-S Hydra Ex Highland Ball Iron Bay Iso Jollet Quebec Kerr Addison Key Anacon Labrador Lake Shore Leifch Langls Silver Macassa Madsen R.L. Malartlc G.F. Martin McNeely Maybrun Maclntyra Meta Mldrlm Intern Mogul New Athona New Calumet New Imperial Noranda Northgate .08 2.09 .47 1.58 1.60 .24 15.12'A 4.55 1.95 24.12V? 2.45 1.74 10.37'A .85 .45 9.40 1.17 36.75 .08 1.00 59.00 .19 1.40 4.65 138.12'/i .37Va l.OO 9.35 1.50 7.00 9.00 37.00 20.25 .19 2.85 3.75 1.71 .22 10.00 .30'/j 33.50 3.10 1.63 .13 1.10 .72 .84 11.00 .15 139.00 .17 .32 9.80 .15 .32 1.30 29.50 8.60 Opemiska Osisko Patlno Pine Point Placer Dev. P.C. Exp. Quebec Man Rayrock Radlore Rio Algom -Roman Corp Sllverflelds Sherrltt Gordon Silver Miller Steep Rock Slscoe Tek Corp. Texmont Upper Canada western Mint* Wright Har. Wlllroy Yellowknlfe Br. INDUSTRIALS 11.00 .30'/i 27.25 29.50 32.25 .87 .24 1.26 .29 16.50 7.10 1.80 16,50 .07 2.50 1.80 6.55 .69 2.05 3.95 1.21 1.16 4.60 Ablflbl Alcan ...... Algoma Steel Atco Ind ... , Atlan Sugar . Bell Tel ... . Brazil Trac .. B.C. Tel ... . Burns ..... B.C. Forest . B.C. Sugar , , CAE Ind ... . Cdn Brew . . Chemcell ... , Cot Cellulose . Cal Power .. Coron Credit , C.W.N. Gas Cdn Indust . . Canada S S Cdn Marconi Cdn Vlckers . Chrysler ... . CPR....... Comlnco ... . Cons Bath ... Cons Gas ... Dlst Sea ... . Dom Bridge . Domtar . . , Dom Textile . Dom Stores Dome Pete .. Dofasco ... . 8.75 24.50 14.B7V4 9.50 7.00 47.50 16.50 63.50 8.87'A 23.00 16.25 5.75 7.87VJ 6.00 7.12Vi 27.25 1.55 10.75 12.00 29.00 3.25 9.50 25.62>/4 68.75 24.75 12.12'A 50.00 50.00 19.12Vi 14.62'/s 12.75 11.00 80.50 23.50 Fam Play . Fd of Amer Gt Cdn Oil Gen Motors Gt Lakes Pap Gulf Oil Cda Greyhound Hawker Sid Huron, Erie Hiram Walk Imperial Oil Imperial Tob Int Nickel Int Pipe Inv Gp A Int Utilities Indust Accept Laurentlda Kelly Doug A Loeb Loblaw A Metro Stores Massey Ferg McMillan Blot Moore Corp Molsons A Molsons B North, Cent Pembina Pp Power Corp Price Co Rothmans St Law Corp Shell CDA Simpson's Simp Sears Steel of Can Selkirk A Texaco Traders Gp A Trans Mtn Pp Trans Can Pp Union Gas Union Oil Versatile Mfg Westeel Union Car Weston's B Woodward's A West Cdn Sd Zenith Elec BANKS Can Imperial Montreal Nova Scotia Royal Tor-Dom 10.75 53.00 3.90 78.50 19.75 20.50 14.00 2.40 20.00 40.00 19.75 16.00 45.50 27.37V4 8.00 37.00 17.12'zi 7.25 S.lJVi 4.25 5.12V* 33.00 10.37Vi 28.00 34.12'/i 16.00 15.871/! 15.87'/a 24.75 6.00 9.12VJ 13.75 19.00 33.75 18.00 22.50 26.87V4 10.62i/i 27.75 10.75 19.87W 35.00 15.87VJ 43.00 3.80 11.00 15.50 19.00 19.12V] 3.70 1.15 14.75 21.62V] 22.50 19.62V4 Amr T and T Anaconda Bth Steel Chrysler Comsat Dupont GM Gulf Int Harvester Kenn Copper New York stocks Supplied by Richardson. Securities of Canada 50.87V] 19.00 23.25 25.50 49.25 135.00 78.00 30.25 29.62V] 37.25 Montgomery Ward 31.87'A 20 Golds 169.34 up .03 if?1?.,. . IT 19 B�� *� �� "P 09 Std Oil of N.J. 70.12V4 15 W Oils 198.45 UP .58 116.3714 Volume 1,268,000 32.75 NEW YORK AVRRAOIS ........... 38.00 30 Indust 842.69 up 5.48 Westlnghouse Elec 6S.62V4 20 Rails 177.12 up 1.60 VaS' S�?el ... 33.50 15 Utilities 123.35 up .77 I?WT?,�*yBR*0BS 65 s,ocks 276 53 �P 20 Indust 176.17 up .02 Volume 7,950,000 Texas Gulf Texas Co Woolworth Cold halts work at gas plant POX CREEK (CP) - Cold weather has halted construction at an $80 million natural gas processing plant in this northwestern Alberta centre. Don Cameron, a spokesman for Ralph M. Parsons Construction Co., said Monday about 1,600 men will be off the job Tuesday and will remain off until weather improves. He said temperatures in the area, 140 miles northwest of Edmonton, went to 40 below zero Monday, with a wind chill factor making the conditions about 70 degrees below. SURFACED ROADS There are 18,000 miles of surfaced roads in the Philippines. FERNIE, B.C. SHOPPING CENTRE NOW COMPLETED Offers Opportunities for Selected Tenants Men's and Ladies' Wear, Hardware, Dry Cleaning, Flower Shop, Restaurant, Grocery and Meats and a number of variety stores. The Centre has a number of Prime National Tenants. This million-dollar Shopping centre is located in a new billion-dollar cool mining and forest industry capital . . . the city of Fernie, B.C. Trading area now has a population of 15,000 and will triple by 1974. Enquiries toi LUCAYA DEVELOPMENT CORP. 816-510 W. Hastings St., Vancouver 688-5939 SALES REPRESENTATIVE Wholesale Auto Parts Sales Representative PREQUIRED IMMEDIATELY Good basic pay, plus commission, car expense account and company group benefits, to cover south Alberta and Fernie, B.C., area. This opportunity will require a fully experienced person. CONTACT THE PARTS MANAGER FRED KING MOTOR CO. LTD. LETHBRIDGE Phone 327-1S66 Grain prices Winnipeg Grain Price? WINNIPEG (CP) - Barley was on stronger price patterns at mid - session on the Winnipeg Grain Exchange today. Good exporter and shipper buying entered barley. Offers from the Canadian Wheat Board were limited on the scale up and the May future ted a new crop seasonal Oilseeds had good buying with both flax and rapeseed in demand of exporters and commission houses. Offers in both were light and prices were buoyant but off opening gains. Rye also had good commission house and exporter buying and good inquiry at prices under the market. Monday's volume of trade was 445,000 bushels of flax, l,-995,000 of rapeseed, 323,000 of rye. Mid-session prices Flax: May % higher 2.53%, Potato futures WINNIPEG - (CP) - Prices were as much as 10 cents higher in the May future on the Maritime potato future market Monday. Other futures were inactive. A total of seven contracts were executed in Friday's trade. Open High Low Close Mar 2.50A Apr 2.68N May 3.08-.10 3.10 3.06 3. IDA July 1% higher 2.53%B, Oct. 1% higher 2.57B. Rapeseed Vancouver: Jan. Va higher 3.04y4A, March V* high-er 2.951/4A, May unchanged 2.84V4A, July % higher 2.77%B. Rapeseed Thunder Bay: April Yz higher 2X1% June unchanged 2.82A. Oats: May V* higher 88V4A, July not open, Oct. unchanged 88B. Barley: May 1% higher 1.31%, July % higher 1.31B, Oct. unchanged 126B. Rye: May 1% higher 1.18%, July Yi higher 1.18B, Oct. not open. Grain quotes Monday (basis Lakehead): FLAX High Low Close May 251% 248% 251% Jly 252% 249% 252>A Oct 255% 253% 255% Rapeseed Vancouver Jan 306% 303% 304 Mar 298% 293% 295 May 285% 279% 284% Jly 277 Rapeseed Thundsr Bay Apr 288 282 287 Jun 282 276 282 Oats May Jly Oct Barley May 130% Jly Oct 126% Rye May 117% Jly Oct 130% 126 117 88 88�/4 130% 130% 126 117% 117% 120 Tutsdoy, Jpnuory 12, 1971 - THI LETHBRIDGE HERALD - 13 Highway budgets about the same SASKATOON (CP) - Highways budgets in the three Prairie provinces will be about the same in 1971 as in 1970, government highways officials said here. Dave Boldt and Gordon Taylor, transportation and highways ministers for Saskatchewan and Alberta respectively, and Joseph Brako, deputy highways minister for Manitoba, told delegates to the Prairie roadbuilders Associations annual convention that government spending on highways would be about the same as last year. GOOD INVESTMENT Mr. Boldt also said money spent on highways in Saskatchewan has proved a good investment and is reflected in fewer accidents. These have been reduced by as much as 50 per cent as a result of four-lane roads, he said. Mr. Taylor told delegates that in the 1970s roadbuilders will have to pay more attention to human relations and to sociological and esthetic effects of highways. It is not too early to start planning for a balanced transportation program involving rapid transportation on freeways and in the air, water and underground, he said. The Alberta minister also forecast that urban and rural municipalities will rely more on the know-how of private contractors and indicated he would be meeting with the ex-exutive of the Rural Municipalities Association in Alberta to discuss this. RABIES VACCINATION CLINIC Will be held at the Coaldale Veterinary Clinic Wednesday, Jan. 13th Friday, Jan.* 15th Hours: 9-12 a.m. - 1-5 p.m. CANADA YOU are invited by The Parliamentary Committee on the CONSTITUTION OF CANADA to a PUBLIC MEETING to discuss your country, Canada, ' and the way you want it to be vous etesl*invit6da Comite* parlementaire sur la CONSTITUTION DD CANADA aune ASSEMBLE PUBLIQUE pour discuter de la constitution et de l'avenir du Canada LETHBRIDGE UNIVERSITY OF LETHBRIDGE KATE ANDREWS AUDITORIUM Wed, Jan. 13-7:30 pjd. mer. le 13 janv. - I9h30 The special Joint Committee of the Senate and the House of Commons on the Constitution of Canada is travelling across Canada to find out what people think about our country and its future-'Whether our present constitution meets all our requirements. It will be something like a Town Hall meeting. Everybody who loves Canada and has some ideas about the way it should grow and develop is invited. You don't have to be an expert or represent any group. We want the opinions of individual Canadians-men and women, old and young, rich and poor and in-between. Your thoughts can be spoken or you may wish to present a brief, or you may prefer to sit and listen. You will be most welcome. Come and enjoy a friendly exchange of views on questions that affect the future of Canada-the constitutional aspects of questions like: Le Comite1 special mixte du Stoat et de la Chambre des communes sur la Constitution du Canada visits toutes les regions du pays pour connaitre ce que les ci-toyens pensent du Canada, de son avenir et pour savoir si la Constitution actuelle convient a leurs aspirations. Les reunions du Comite" revltiront le caractere de reunions publiques. Cette invitation s'adresse a tous ceux qui aiment le Canada et qui veulent le voir sa dcvelopper comme il convient Point n'est besoin d'etre expert ou de representer un groupement. Le Comit6 veut connaitre l'opinion de tous les Canadiens quels} qu'iis soient, hommes et femmes, jeunes et moins jcunes, riches et pauvres. II est loisible a chacun d'exprimer ses idees oralement ou par ecrit ou bien simplement d'assistcr aux rdunions. Le Comite vous invite cordialement a participer a cet echange d'idees sur les problemes constitutionnels qui fasonncront l'avenir du Canada* CITIES/lES VILLES POLLLTflON  LA POLLUTION MINORITY RIGHTS LES DROIT8 DES MINORITES FEDERAL POWERS ' �OUVOIR6 FEDERAUX r . , WOMEN'S; RIGHTSY.^-A^ %'W^m$n*-'p*iA FEMMfV^l BIUNGUAUSM  LE^BILINGUISME^ "> ; RfQlOfiAL DiSPARITIES > V NW8 DISPARIT6S REGIONALES/7 H?U�ATJPN . l;E0UCAT!9N^ MONARCHY For further information write or ealb MR. MICHAEL B. KIRBY, Joint Clerk of the Special Joint Committee on the Constitution of Canada, HOUSE OF COMMONS* Ottawa, Ontario (613) 992-9987 Pour plus de dttalls, prlire de communlquer cNta M. MICHAEL B. KIRBY, Cogreffier du Comite special mixta sur Is Constitution du Canada, CHAMBRE DES COMMUNES, Ottawa (613) 992-9987 ;