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Lethbridge Herald Newspaper Archives

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Lethbridge Herald {Newspaper} - 1974-01-12,Lethbridge, Alberta Energy, profit-taking ends stock market surge By SANDRA INGALSBE CundUn Prcft SMfi Writer Profit-taking and wgrries over tlie energy shortage ended a three-week advance «1 stock markelit this week. □old$ again liad wid« price f]vc-tuuiioDs and industrial Issues suffered lu&scs. Fears about the effects of fuel shor-taies. which had Iwcn pjshed into (he background during the recent buying spree, roturned Tuesday lo cool a 12-session rise on the Toronto stock iiiurkel AduIvkIh suid tvurKof recu$!$tOfi. hign rales ol inllalmti und liie desire of invoMoi-.s lo take proli Is quickly in un-[■iTluin markets were major factors iillciiiiiK I1k‘ trend. The Toronto industrial inde*, considered the main indiciiior of market dirt’clion. Icll 5.SU points Wednesday. Ijrgcsl drop since a record 6 Stf liec 3 1973 The index trimmed some of the loss Knduv but still closed the week luwer. oil '» 17 III ()n the Monlreul Kxchange. the com-jxisiU.- inili'K toll K '12 on the week to 21698 Winnipeg grain WINNIPKU iCPi — Trading was iif>lit und centred in rapeseed where lii u-i^s advanced :il)out 20 it-nts by the ciuse (li the Wmnipeg coinmodil.v ex- Chleago markato CHICAfU) lAf'i — Commodity tutures were generally strong un the United State.s' major exchanges this week    . Buying was attributed to concern liver inflation, the weather in the U S , leans that fertilizer and petroleum derivatives used for grain drying may iie in short supply, and in an improved demand here and abroad for commodities Wheat tutures on the Board of Trade advanced their 2(>-ccnls-a-bushel limit two days and dcclincd the limit one dav. then closed 17 to 25 cents higher fur the week. IVIarch 5.74: corn was 10 to 12‘! higher. March 2.85. Oats were 7’! higher. March 1.52’'’i; and Soybeans were 13 to 17 higher. Jan 6 20 Stiybean oil was 60 to 1(H points higher. .Ian 24 SO and soybean meal was 2(K) points lower to 450 higher. Jan. 17:t(J0 New Crop grain aiid soybean options displayed particular strength late in the week after the government m-dicatcd it wanted exporters to slow deliveries of old crop sales to foreign countries. The trade interpreted this to mean that there might not be export cunli'ols un farm commodities this vcar Inflationary lears and strong wide demand influenced high prices for coflcc. world sugar, silver, cotton and orange juice futures Silver gained 16 to 21 cents an ounce while coffee was up 200 lo 240 points and world sugar gained 50 to 100 points. Cotton advanced 50 to 200 points and orange juice 25 to ISO points Cocoa futures fell back as much as 400 points under selective selling inilucnced by lighter demand, while <-oppcr closed 250 points lower to 100 higher and wool fell 16 to 19 cents. Gr,nn    " Wheat; Mar 5 74. May 5 54, Jul 4 S3; Sep 4 87. Dec 4 B8 Corn Mar2B5. May2.88‘i. Jula.Hl. Sep 2 84. Dee 2S5'j, Mar 2.(i8. Oats Mar 1.52'i. Mav 1.54<a, Jul 1.52'I. ,Scp l.52'i. Beef futures WlNNIPKt: (CP I - Live beef lutures close FriUav .Ian 511 IK)A; Ma r 54 75B May S5 75B, JIv .M OOA Tliursdav's volume Si* contracts change Kriday. Itye lutures had a little .strength on sonic buyinc interest with prices about lour ccnts advanced bul flax was weak. The viiiuine uf uade Thursday was 2.2tiO.(WO bushels of rapeseed, 327,000 bushels ol flax and SW.OOO bushels of rye «rain quotes Friday basis Lakebead: High Low Close Fla* May    IBKl 1039 1044 Jly    97:t 9?3 SKI Oct    - _ 890 Nov    - - 87S Rapeseed Vancouver -Jan    - _ 711 Mar    tlil4 tiSS'i 694 Jun    (¡74 664 674 Sep    - ~ 664 Rapeseed Thunder Bay Mav    6H2    662 JIv    — — 650 Oct    - — 603 Nov    _ _ 585 Oats May    - - 156 Jly    - -    147'.i Barley Mav    — —    M5'ii Jly    - -    230 Rye May    379    m JIv    374 ass-“'! 373'•■'i Nov    - —    35] Metals LONDON [API - Closing metals in pound.>; sterling a metric ton. silver in pence a troy ounce: Copper—Spot 888-890; futures 874-B75 Tlr-spot 2.820-2,830; futures 2,660-2,«70 Lead-spot 251-251.5; futures 254254 5 Zinc-spot50:t-506, futures 495-497 Silver—spot 149 1-149 4, 3 months 154 B-154 7 Dividends Dividends are quarterly unless otherwise noted. Canadian Hydrocarfoons Lid., 12‘.ii ccnts. semi-annual; first pfd., series A, 27's cents, both payable March 29. record March 15, Combined .Insurance .Co. of America. 11 cents. U S funds. Feb 15. record Jan. '25 Crown .Cork .and .Seal .Co. Lid.. 75 cents, Feb, 15. record Jan, 15. (ireat Northern Gas Utilities Ltd.. SIX per [;enl pfd , 37''i cents, March 15, MIDLAND DOHERTY LIMITED BC For '92 102.00 104.00 GOVERNMENT OF CANADA BONDS eC Tel 9 ' e“/o '90 101,00 103.00 5':% Oct. 1/-75 97.8S 97 95 Bell Tel 9'»% '79 101 00 103.00 8% Jul. 1/76 102.25 102.75 Bell Tel 93 103.00 105.00 4 ' !% Sept 1/83 00.25 80.50 CP Ltd '89 99.00 S'<7t, Sc pi 1/92 79,00 79,50 CP Sec 9^'t% '90 100,00 3% Sep( 15 Perp 38 00 39 00 Cdn Util 9’s% '91 103 00 6 ' ?% Apr U75 99 SS 99 05 CWNG ■90 103 00 7' 4% Jul. 1/75 100.45 100 55 Gulf Oil flS'»”/. 90 99.00 100.00 PROV. AND PROVINCIAL In Prov P 9'e% '90 101.00 103.00 GUARANTEED BONDS IV^assey 9J4% 'BO 101.00 103.00 Alta 8 = 4% '90 101.75 102.25 Noranda 9'i% ‘90 100.00 102.00 Onl 7% '88 38.00 89.00 Inti Nick 9'4% ■90 101.00 102.00 Ont H 9% '94 103.50 104.50 N & C Gas 9'i% •91 101.00 103.00 N0 9'2% '90 105.50 106.50 Steel Cda 9' ."A '90 1G2.00 104.00 Nfid e% '74 99.25 100.25 Tr-Cda P 9',% '90 103.00 105.00 NS 6' % '92 80 50 81.50 Tr-Cda P 10% '90 104 00 106 00 Que 7J.% '74 91.00 92.00 West Tr 8’'!% '93 94 50 95 00 Alta 3 ,% '90 102 50 103 SO CONVERTIBLES M.m H e% '91 93.75 94 75 Al Gas Tr 7',% '90 112.00 117 00 S.isk 8'.*% 90 101.75 102 75 Con Gas 5';% ■89 82.00 84 00 NMd 9’"!% '90 104.00 105.00 Oyiiasly 7% as 138.00 140.00 AGT &% '74 99.00 100 00 Acklands 7'?'/. '88 99.00 104.00 MGT e"/,. '74 98.00 100.00 Sc Ram 7'.% ■ae 93.50 95.50 INDUSTRIALS W Tr C 5'Ä äS 80.00 83.00 AltH Giis Tr9'*% '90 100.00 102.50 W Tr 7';% '91 103.00 105.00 AlCiin 9't% '91 101.00 103.00 The New Volk market i-ondnued lo be a major inlluenie un Canadian lit’tid'. The l)ow Jones average of 30 imliisli laK closed the week at 841.48, down ;i8.<i7 '1‘hc iiKlicator retarded a sharp gain l-'riduy. howevei. in response to reports that oil prices and supplies mav be easing, analvsts said. Toronlo's gold index gained 69 5 (Joints during the first two days of the week to lough a high of 520 24 Tuesday, (iuld j>rices in iCurope continued to be viilatile, rising on rumors that Arab oil producers would demand payment m guld, and falling on prolit-lakmg The gold inden ended Hie week al 50578. up 55,15. Tiironto'i! base metal index was off I    44 to 98 84, and western oils 1.13 to 25IÎ84 Analysts remain cautious about projecting lung-tcrm trends but generally agree that Canadian stocks are good mvestinenls as a result of Canada's energy resources. Indications that the - II    S should suffer less from the energy crisis than was originally thought could improve market outlook, they say SHOULD HELP MARKET Canadian Business Service says that in the longer-term the lowering of the U.S. interest equalization (ax should llave a beneficial cflect on Canadian markets Until that tax was applied in 1963, thousands ol American investors par-iinpated in the development of Canadian oil and mining interests. "Its removal should see their return lo our market and a subsequent strength and liquidity for Canadian seciintics ■ Canadian Business Service say.s. Trading was fairly active at Toronto thi.-; week with 16,56 million shares changing hands for a value of »157.19 million, compared with IÎ02 million and ïlOO.lM million during the four .w.'isions last week On the Montreal market, volume was « «8 million sliare.-! compared with 4 «» million Value was $42 02 million against S2f 42 iTnllion. (’anadian exchanges adopted extended trading hours this week, opening lino hour earlier to conform lo trading iin till' New York market Alberta grain KDMONTON — The Alberta Grain Commission reported Friday feed ¡¡ram prices continued from firm to .strong throughout the province this week but cold weather and road con-Uitiuns limiting grain movement. In the Lethbridge district prices ranging wheat $3.30-|3.&0. oats $1.60-$l.ffi and barley S2.25-S2.40. From Medicinc Hat — Brooks the prices reported arc wheat t3.l(^$3,25, oats SI 45-ÎI 60 and barley Î2.35-Ï2.40 Little change noted trom Calgary buyers with wheat $3.35-$3.45, oats Sl.'.'i.i-ti.4fl and barley $2.25-S2 40. Red Deer buiycrs advise they arc paving wheal S3.25-*3.55, oals JL30-Î1.4« and barley $2.l5-»2.40. The Vermilion reporter quotes wheat *2 50-513 10, oats *1 10-H 30, and barley SI 80-S2.3O Around Ednionton prices are as follows; wheat $3,35-*3.S5. oats *1.15 SI.40 and barley $2 2n-$2.3B. Peace River prices continued at wheat $:i.()0-$i.40. oats ^1.25-$l.40. and barley S2.i0-i2.25. Egg prices . KDMONTON (CP I - Weekly egg and poultry report issued by the lederai agriculture department-Eggs: To producers A large 71; A medium 68. A small 50. B 51: C 10, cracks 28. To retailers A large 82-84. A medium «0-Sl. A small (a-68 To consumers i In cartons I. A large «9-9;i, A medium 87-89V A small 75. Poultry: To producers. Live No I chicken ™ broilers. .14';;« and over, 39; 5 and under 6. :t2'i fowl - under 4. 10-12 Turkcv - under 12. 47. 12 to 18, 48'4; over 1«, 4ft. tjve No 2 chicken — 6 and over, 35. ft and under 6.2D’ j. Turkcv -- under 12, 44. 12 to 18. 45'i, over IB. 43. Qold futures WINNIPKC; (CP( - Uold futures, U K funds, Winnipeg commodity exchange close Fridav. Jan 74 122 85B, Apr 74 - 128 00; ■Ily 74 - 132.951!. Oct 74 - 137 OOB, •Ian 75 - 142.50 Thur.'idav's volume: 217 contracts IN MEMORIAM CAMPBEU - In loving memory of David W. Campbell, who died January 13th, 1973. Gon« is the face we loved so dear, Silent is the voice we loved to hear; Too far away for sight or speech, But not too far for thought to reach. Sweet to remember him who once was here, Who, though absent, is just as dear. We do not need a special day To bring you to our minds. For the days we do not think of you Are very hard to find. —Ever remembered by wife Margaret, grandson and granddaughter and two great-grandchildren Paula and Tanya. 6954 PICTURE BUHE AUCTION MARKET ld*iRr locatkd )n tha canlr* of a tare* cttH* fMdtng Mid hog r«Mng country .    HOG *    Tnicklng " .......... ■k Bnnrilng ic Vaccinating *    Ordar Biiylnii *    Govtrnment Veterinary ^ Feadlng Pens BRANCH CALVES Feeder and Fat Cattle Wed., Ian. 16 at 1 p.m. 400—HEAD—400 All Clps«H of Cattle AND DAIRY CAHLE SALE «v*ry Saturday at 1 p.m. MARKET HOGS ASSEMBLED MONDAY THRU FRIDAY Fori LItling« Contaci JIM or JOE JURIS Phon« 732-4400 Piclur* Bult« Piclur« ButI» Auction Markat — Plelur« Butta, AllMrla Aucnon markal localad 16 mll«a north of Lathbrklga on Hlqhwatt IE MaclEAN UVESTOCK LTD means    ^ Sound Order Buying Service! DUETO 1. DIrtct buying of fmh r«nch«r yMrling* and mIvm i. L*rg* wMkly thipmwitt of f««d*r c«ttl* from: (a) Cantral and Nerftwm Albarta (t)> Saahatchawan (C) iRiartor Britiah CatumMa 3. Comptot* cov*r«fl* of loc«l «uction nuirkofe. Employ Us to Beef up Your Profits! Phon* Mac MacUan 732-4211 Box 419-Plctura Butte CARD OF THANKS EMMELKAMP ~ We wish to extend our sincere thank you and appreciation to everyone who helped in any way following the passing of a dear husband, dad and grandpa. Thank you to our many relatives, friends and neighbors for cards, food, phone calls, visits and donations to the Alberta Heart Foundation. A special thanks to Rev. John Moerman, Mrs. Alice Dekker and Eden’s Funeral .Home, Your kindnesses will always be remembered. God bless you all. —Mrs. Stiena Emmelkamp and families. ed52- CARDS OF THANKS BARTHEL - The family of Mr. Jerry Barthel and John I^kslag of Lethbridge wish to 'iixtend their heartfelt thanks to the many people who visited the families during the recent bereavement ol their loving mother, wife and daughter Betsy. Thank-you for the words ol comfort from Reverend Mulder, friends and neighbors during our lirst. days of sudden sorrow. The spirit of Cliristian fellowship was felt by all. We wish to say thank you to the many who sent sympathy cards, floral tributes and contributions of food. Our sincere appreciation for all the acts of kindness from those we have mentioned and those we may have missed. From— —Mr. Jerry Barthel and children and his family —Mr. and Mrs. John Dykslag and his family 6964 PISKO - The family of the late Andrew Pisko wish to express their deepest appreciation and thanks to their many relatives, friends and neighbors for the masses, flowers, cards, spiritual 'bouquets and the many other kindnesses shown them during their recent bereavement. A special thanks to the doctors at the Roy Clinic, staff of the Auxiliary Hospital, Father Field, Father Zuback and the ladies for the nice lunch served. May God Bless you all. —Jerry, Loretta Stilson and family —Ed and Helga and family —Florence Bethel and family Saturday, January 12, 1974 - THE LeTHIfllOQt HERALD - 31 CARDS    CARDS    CARDS OF THANKS    OF THANKS OF THANKS Ottawa ByG<n« Fawcttte A90%3AVINeiNTlJVyEAND labor cost for construction of cewentbuxk BUILDlhidS iSaAlMEO R3R A NEW »FV^Tr’aSCD DIRECTLY FROW A CAULKING OJN. THC CCHM^ClUMD IS NJOW-FLAMMABI.& NON-TCftaCANDODORLESS... §9UmiYmU0tH90U9H ON YÉffTKAUŸOAfXf»- xomuifsermocKsf ROBINSON ~ The family of the late Annie Robinson extend thanks to all who vislt«d mom or sent cards and flowers during her illness and after her subsequent passing. Special thank you to her doctor and nurses in the intensive care at St. Michael's Hospital for the wonderful care and kindness given to our mother. Also many thanks to the L.D,S. Church 1st Ward Relief Society for the lunch served after the funeral, the pallbearers, Mr. Georg« Brown for his beautiful rendition of one of our mom’s favorite songs “Beyond the Sunset” and also the solo “■nie Lord’s Prayer" sung by a grandson, Gordon Bullock of Provo; Utah, who unexpected* ly arrived in time for his grandmother's funeral. Special mention of thanks to the choir, Christensen Salmon Funeral Home and friends who drove many miles to attend the services during adverse weather conditions. We all thank you very kindly. —The Robinson Jamily 6933 FRASER - The family of the late Richard Fraser wish to extend their most grateful thanks to their many friends, relatives and neighbors for the beautiful flowers, sympathy cards, food brought to the house, the phone calls and visits to the house. To Rev. J. Wood, soloist Ethel Nelson and organist Lenora Baldwin. A special thanks to the ladies who helped in am way with the lovely lunch. Your acts of kindness were very much appreciated and will never be forgotten. —The Fraser Families. 6796-12h HANZEL - Many thanks lo the staff at St. Michael's Hospital and special thanks to my doctors for the wonderful care I received while a patilsnt there. Sincere thanks to my relatives, friends and neighbors for the flowers, gifts, cards and visits, which all made my stay at the hospital seem shorter. —Matilda Hanzel 6962 MATISZ - We wish lo express our sincere appreciation to our many friends, relatives and neighbours for alt the mass cards, flowers, food and cards of sympathy sent to us during our recent bereavement. A special thank you to Rev. Father Zuback, Rev. Father Field, and the pallbearers. To the doctor, the Sisters and nurses at St. Michael's General Hospital our deep gratitude for the care and kindness shown our mother. —Paul, Peter and Andrew Matis2 and families. 6963 Livestock Pariteli OTTAW.^ (CF) About 25,JW head of slaughter cattle and calves were for isale at the 10 public stockyards this week, an increase of 15.000 head from last week. Demand for top-grade cattle was good in all centreii wltii Toronto reporting gams of $3 for A-1 and A-2 steers, and SO cents to ft for top~grade heifers. Western centres also reported price increases, Edmonton was the exception — prices there dropped 50 cents. In Toronto prices for D-1 and D-2 cows increased ^ in early and midweek trading but dropped in moderate demand towards the end of the week In western centres, cow prices dropped !(2 50 lo i3 50. Toronto also reported veaier calf prices down (4 to ST in mid-wedi trading. Western prices remained steady. About 14,900 head oi leader cattle and calves were on sale this week, an mcrease of about 11,000 head over last weeli .Trading fur k-eder cattle was active in ^11 centres with Toronto reporting closing pnccs $1 higher for steers of more than 750 pounds and i:teer calves 401 lo 575 pounds. In western centres prices generally were steady except m Edmonton where prices for steers of more than 750 pounds gained t(f fi About 2.500 head of sheep and lamb were offered for sale. Prices were steady in most centres but Edmonton reported mid-week losses of SI .50. Indcn 100 hog prices increased 95 cents In most western centres hog prices increased !i0 cents to $1.2S. llalgary reported early losses of $2.80 hut these were partly offset by later f;ains ol $i 70    ' Slaughter cattle, steers A-1 and A-2; caigiir.v 47.50 to 51.60. Edmonton 474S. Saskatoon 46.5049. Winnipeg49-50; Toronto Heifers. A-1, and A-2, Calgary « 5044,10. Edmonton 42-43.50. Saskatoon 4:i.iS-44.T5. Winnipeg 44.50-46, Toronto 46.50-48 D-1 and D-2 cows: Calgary 33-35, Edmonton 33-37 50; Saskatoon 32.50-34 50; Winnipeg 34-36. Toronto 36-J7 Slaughter calves, good choice veah Kdriionlon 43-46. Saskatoon 50.50-59, Tornntn 5:1-62. Montreal 65-77. I-’erfer steers more than 750 pounds: Caigarv 45-52; Edmonton 42-52.50; Saskatoon 3D 25-48 50. Winnipeg 46 to 4B; Toronto 47-,52. Keedcr steer caivc.s 401-575 pounds-Calgary 48-53: Edmonlon 48-58; Saskatoon 4D-55 75; Winnipeg 52-56. Toronto 54-59 (iaod lanihs Calgary    Ed- inonliiii I15-H7 25, Toronto 40-51. Miinlreai $r>ll. Index illO hogs dressed: Calgarv 4fl.7.‘i-50.55. Edmonlon 49.10-49..10'; Saskatoon 4!) 40-50 10; WinnipcK 49.1050 R5. Tomnto 53 60-55 10. Montreal S5:t 53 Dollar valu# MONTKKAI, ICI'I -US dollar in terms of C.madian funds at r!-;to p m l-'rldiiv Wii.s down 1-50 at $0 99 4-25 Pound slerling was up 11-25 at S2 2;i'-i In IVew York, the Canadian dollar w,is up 1-50 at J1 00 21-25 Pound sterling was up at S2 25 3-20. There were 1.534 head Of livestock sold this week at Pertich Bros Auction Market Ltd. Receipts included 824 cattle and 710 hogs. Cattle nuirket was strong and active. Prices were <2.00 to *5.00 high» on feeder cattle. 215 feeder cattle sold lo US. buyers. Price -quotations as follows: slaughter CATTLE At and A2 steers — not enough on offer. At and A2 heifers — not enough on offer. D1 and D2 cows — 32 to 34.30. D4 cows — 2T to 30. Shelly cows 20 to 26. Bologna bulls — 42 to 43.60. REPLACEMENT CATTLE Steer calves, 290-400 lbs. none on offer. Steer calves, 400-500 lbs. 52 to 57. Steer calves, over 500 lbs., M to 57.25. Feeder steers', under 800 lbs, 50 to 55.50. Feeder steers, over 800 lbs. 49 to 52.80. Holstein and ghortkeep steers — Heifer calves, 400-SOO lbs. 47 to 5S, .Heifer calves, over 50« lbs. 44 to 50. Feeder heifers, 43 to 4«. Feeder cows 27 to 33. Medium quality stock cows and heifers 350 to 400. HOGS AND DAIRV C.ATTLE Market hogs, dressed weight, 49,05 to 50.53 Good weaners 18 to 23,25. Light weaners 12 to 16 reeders, under 100 lbs. 25 to 34.50 Feeders, over 100 lbs 34 to 46 Bred sows and gilts 115 to 140. Medium quality dairy cows 4S0 to 455 Calgary CALGARY (CP) ~ necelpts at the Calgary stockyards Friday totalled 289 cattle, 146 calves and 59 tiogs The cattle report was unctianged. Hogs base price 49 70 Earnings . Hiram Walker-Gooderham and Worst Lid,, three months ended Nov. 30 1973, $21.935,000. US. funds, H.Z7 a share; 1972, *20,320.000, <1.18 TclF-Capiial Lid. Ihree months ended Nov 30; 19i3, $702,320, 32.7 cents a share. 1972, *541,494 . 25.3 «nts. Toronto .Industrial .Holdings Ltd., year ended Dec 31- 1973, tl,S90,0o0, .■!4 4 L'cnt.s a share: 1872, $1,055,000. 23 t en Is REGULAR CAHLE SALE EVERY MONDAY 11A.M. RIMBMBCR... HOG SALES tv«ry WEDNESDAY We Will be assembling Market Hogs for the Marketing Board and sell Weaner and Feeder Hoff« «t liOO NO HOGS WILL BE SOLD MONDAYS REGULAR CATTLE SALES WILL CONTINUE EVERY MONDAY Stock Cow and Bred Heifer Sale Saturday, January 19, 1 p.m. EXPECTING 500 HEAD AH Ctltt* «W b* PngfMACT TmM Prt«f lo Don't be content to accept one offer a) home, consign your live slock to us. wnere you are guaranteed to have the Auction Ripg lull of fiuyert to bid on your product. PRAIRIE LIVESTOCK LTD. PHONC 22S-mi. TAiCft - DAY OR NIQHT JOHNNY CHAHLTON LM.nt BEREZNICKI - I wish to Express my sincere thanks to the doctors and nurses and staff at St. Michael's Hospital, Second Main, while I was a patient there. Also special thanics to my relatives and friends for the cards, flowers and visits. Thank you. —Nick Bereznieki 6972 MRS. THURSA RUSSEL would like to thank relatives and friends for the lovely cards, flowers and gifts she received on her 80th Birthday. Also the family would like to thank everyone who came out to make the oper house such a memorable occasion. 6983 Sole owner SAINT JOHN. N.B. (CP) -MacMlllan-Bloedel Ltd. of Vancouver has become the sole owner of the MacMillan-Rothesay Ltd. paper mill here. The British Columbia company has purchased the 49 per cent of MacMillan-Rothesay Ltd, held by Feidmuehle A.G. of Dusseldorf, Germany. High level price for eggs denied Lethbridge Sales Monday to Friday. Callle 308; hogs 1.840: lambs 435. SIIMM.4R\ Butcher cattle prices uneven at 2.00 lower to 2.00 higher Replacement cattle stfong to 1 00 higtier. Cattle market active. Slaughter steers meeting keen demand, prices 2.QO-3.00 higher. The McIntyre Ranching Co. ot Magralh sold 38 top quality steers averaging 1040 lbs sold at 50,70. Salughter heiters 40-1 00 higher. All classes o( cows under pressure, prices 2.00 or more lower Bulls sharply higher. The bulk ol the replacement cattle on oiler were bred cows, the feeder 3!eers sold strong to 1.0Q higher. There were insullicient stock calves on oiler Id establish quotations. SL\UCHTEK CATTLE Steers A1 and E 49.75-60.T0 Hellers Ai and 2. ■■ ■ Cows D1 and 2 3S.00-37.G0. 03 33 00-34 50, 04 29.00-32.50 Bulls good 40.00-44.50 KEPI.ACEMEWT CATTLK Good leader steers over 900 lbs. 47.00-51.00. Good leeder haifers 42.00-44.50. Good stock cows 30.00-34,00 Bred cows $300 00-$40s.00 per head. HOCS AND LAMBS Buicher hogs sold this week at the Lethbridge Vards 49.45-50 85 baae price. There were 590 head ol billcher hogs sold for export at 37.6039.95 liveweighl. Good lambs 2.00 higher at 38.0037 00 Hog prices EDMONTON (Cl’) - Closing awrage prices Krid.iy provided hy the Alberta Hng Producers Marketing B(Mird with Thursday average in brackets: tldmonton; 50.61 150 041 Red Deer 51 76 ( 49 761. Calgarj' 5U7 ( 50 58) LethbridKC No sales (50 921 Lloydmmster. No sales (49 65) Korl Mat'ifod No sales (51.50) Totiil hug »ales 4,541, .iveragc 51 IS. No !!01»S sold. EDMONTON (CP) -Spokesmen for the Alberta egg industry Friday denied a statement by the federal Food Prices Review Board that egg prices are being maintained at artificially - high levels. A spokesman for Litydate poultry said the retail prices of eggs and other poultry iroducts may fluctuate »cause stores use them as special attractions to customers. The wholesale price of Grade A large eggs stood at 87 cents a dozen here today. Most retail outlets were selling them at a little more than 90 cents a dozen. Last August, the wholesale price of Lilydale grade A large eggs was 81 cents. Berly Plumptre, head of the food prices review board, said in Ottawa Wednesday that the cost of feed bad decreased since August but there bad been no equivalent decline in retail egg prices. However, Northwest Feeds said here today that a ton of all-mash ratim sold for $154 a ton last August and $196 a ton this week. A spokesman for Northwest said the cost of grain, which forms the basis of poultry feed, “has been going up, up and up . , Russell Marfleet, manager of Alberta Eggs, said the report of the prices review board was “not really fair to people who are producing eggs.” WANTED SCRAP IRON Now Paying Mor« For All Typ«» Of Scrap Matai Farm Machinery—Tractor»—Truck* lndu«trlal Scrap—Machlnary—Dtmolltlon Anything Mad* of Iron! COPPER - anAss - radiators - batteries - cast inom Mo.—Truck Loads—ClriMdt Truck Scriw — M«gn«l Crana Strvica National Salvage Company LIMITED NEW LOCATION 206 33rd Straot North    Phono 328-1721 “Scrap Is Our Business” QARYJINSEN THE STOCKMAN’S MARKET "    300 to 500 HOGS SELL Tues., at 1 p.m. —DAIRY COWS -BABY CALVES —SHEEP Market Hog* Shipped Dally Llvt WalgM and Orawad BitIt Special Ranchar Calf Sale , Jan. 16th — 1 p.m. 500 HEAD TOP QUALITY RANCH CALVES SPECIAL—ISO RANCH CALVES fROM ONE OWNER IBSSm FEEDER AND FAT CATTLE and CALVES Thursday -1 p.n» 600- HEAD-600 stock Cow Sale Frl., Jan. 25th 1 p.m. Listings Invitod PERLICH BROS. AUCTION MARKET LTD. Loealad In IM Hub d Soirih*fn AHMfU’* LfvMfack InAwIrr $ mH« «Mt ol LMIArMga on Highway 3 and 'A tnlla acMth SOX losr, LETHBRlDOie Phono Day or Night 3a*-3101 PL£ASE NOTE NEW PHONE NUMBER 320-3101 Cempony Ltoons* No. 0714M AUCTIONIERS: JOSMtftLlCH «OaSALOO TONVftRLICK LK. sism_UC. SST4S«_ LIC. SlS»S2 ;