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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 IN MEMORIAM CAMPBELL memory of By SANDRA IMiALSBE Caudill Preia Staff Writer Profit-taJung and worries over (he energy shortage ended a three-week advance on stock markets this week. Golds again had wide price fluctuations and industrial issues suffered broad losses. Fears about the effects of fuel shortages. which had been pushed into the background during the recent buying spree, returned Tuesday to cool a 12-session rise on the Toronto stock inurkcl. Analysis said fears of recursion.high rates U inllation and the desire of ¡¡¡vcsturs to take profits quickly in un-t-crUiin markets were major factors ullvHmj; the trend. Hie Toronto industrial index, considered the main indica lor of inarket (lirvcimn. fell 5 89 points Wednesday, largest drop since a record 6,59 Dee. S. 197H. Thi- index Dimmed some of the loss Friday but still closed the week' Inner, nil 9. IT to ¡W7.W. on the Montreal Kxchange. the com-|iuMiU‘ index fell 0.22 on the week to 2Hi.SK. Winnipeg grain WINNIPEG iCl’i ^ Trading was lifilit and centred in raptseed where price.s advanced about ¡HJ irenls by the dust ul the Winnipeg commodity exChicago markets , CHICAGO i APi — Commodity futures were generally strong on the United States' major exchanges this week.    - Buying was attributed to concern :ivfT inflation, the weather in the U.S., lears that fertilizer and petroleum Jerivatives used for grain drying may be in short supply, and in an improved demand here and abroad for commodities. Wheat futures on the Board of Trade advanced their SO-cents-a-bushel limit two days and declined the limit one day. then closed 17 to 25 cents higher lor the week. March 5.74; corn was 10 to 12' i higher. March 2.85; Oats were 7' i higher. March 1.52*4: and Soybeans were 13 to 17 higher. Jan. ft.20. Soybean oil was 60 to 105 points . higher. Jan. 24.80 and soybean meal was 2041 points lower to +50 higher, Jan. 173.00.    . New Crop grain and soybean options displayed particular strength late in the week after the government indicated 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 controls oh farm commodities this year. ■ In II,it ¡unary fears and strong wide demand influenced high prices for coffee, world sugar, silver, cotton and iiranpe juice futures. Silver gained 16 to 21 cents an ounce while coffee was up 20ft to 240 points and world sugar gained 50 to 100 points. Cotton advanced 50 to 200 points anil orange juice 25 to 150 points. Cocoa .futures fell back as much as 400 points under selective selling influenced by lighter demand, while copper closed 250 points lower to 100 higher and wool fell 16 to 19 cents. Grain close:    ' Wheat;' Mar 5.74: May 5.34; .lul Sep 4.H7: Dec. 4.88. ' ’ Corn: Mar2.85: May2.88‘-i; JU12.91; Sep 2:84: Dec 2.65'2; Mar 2.68. Oats: Mar l.H'-'i: Mav l.M'i: Jut-1.52'i; Sep 1.52'-«, Beef futuros WINNIPEG 'CPI — Live beef lultircs close Friday. ,hm50.(K)A: Mar54.75B; May55.75B: Jly 54.00A.    ' Thursday's volume: Six contracts. change Friday.. Kyc futures hud a little strength on some buying interest with prices about lour cents advanced but flax was weak. The volume of trade Thursday was 2,260.400 bushels of rape seed. 327,000 bushels of flax and H9tUKXJ bushels of rye. Grain quotes Friday basis Laki.'ht’ad: Hieh Law Close Pias May • 1033 1039 1044 Jlv ■ 973 963 963 Oct ■— — 890 Nov — ' — 875 Rapcseed Vancouver Jan — — ' 711 Mar 694 #88‘4 694 .lull t>74 664 674 sop — — Rftpeseed Thunder Bay 664 Mav 6t>2 654 U, m2 Jlv' __ — 650 Oct — — 603 Nov — — S85 Oats Mav — — 136 Jly — 147‘<i Barley Mav — 24ü'i Jlv' - — 230 Rye Mav 3g9’a 379 386 Jly' 374 373‘A Nov — - 351 Metals LONDON (AP) Closing metals bid-ask in pounds sterling a metric ton; silver in pence a troy ounce: ' Copper—Spot 8B8-890: futures 874-875 Tin—spot 2,820-2.830; futures 2,660- 2.m Lead—spot 251-25L5; futures 254* 254.5 Zinc—spot 503*50ti: Eutures 495-497 Silver—spot 149.1-149,4: -3 months 154.6054,7 Dividends Dividends are quarterly unless otherwise noted. Canadian Hydrocarbons Ltd.. 12'i cents, semi-annual; first pfd., series A, 27'a cents, both payable March 29, record March IS. Combined .Insurance .Co. .of America, 11 cents, U.S. funds. Feb. 15, record Jan. 25. Crown .Cork .and .Seal .Co. Ltd.. 75 cents, Feb. 15, record Jan. 15. Great Northern Gas Utilities Ltd.. six per cent pfd., 371-ii cents. March 15. Bond prices MIDLAND DOHERTY LIMITED BC For 9^% 92 102.00 104.00 GOVERNMENT OF CANADA BONDS BC Tel 9'i% 90 101.00 103.00 5':% Oct. 1/75 97.8S 97.95 Bell Tel 9'i% '79 101.00 103,00 8% Jul- 1/78 102.25 102.75 Bell Tel 9H% '93 103.00 105.00 4'!% Sept 1/03 80.25 '80.50 CP Ltd 83/-% '89 99-00 5-'-% Sept 1/92 79.00 79.50 CP Sec 9^j% '90 100.00 3% Sept 15 Perp 3B.00 39.00 Cdn Util 9*,b% 91 103.00 6’r% Apr. 1/75 99.55 99.65 CWNG 93'<% '90 103.00 7 ' 4 % Jul. 1/75 100.45 100.55 Gull Oil 8'’b% '90 99.00 100.00 PROV. AND PROVINCIAL In Prov P 9jb% '90 101.00 103.00 GUARANTEED BONDS Massey 9J'«% '80 101.00 103.00 Alta 83«% ■90 101.75 102.25 Noranda 9 Wo '90 100.00 102.00 Ont 7% 'B8 8B.OO 89.00 Inti Nick 9".% '90 101.00 102.00 om, H 9% '94 ■103.50 104.50 N & C Gas 9"?% ‘91 101.00 103.00 NB 9‘i% '90 105.50 103.50 Steel Cda 9'1% ■90 102.00 104.00 Nfl<í e% '74 99.25 100.25 Tr-Cila P 9Ji% ■90 103.00 105.00 NS 61, % '92 80.50 81.50 Tr-Cda P 10% •so 104.00 106.00 Que 7'i% '74 91.00 92.00 West Tr 8'47. ’93 94.50 95.00 Alta 3 ' a% '90 102-50 103-50 CONVERTIBLES: Man H 0% '01 93.75 94.75 Al Gas Tr 7'i% ■90 112.00 117.00 Sash 8Ji% SO 101.75 102.75 Con Gas 51 r% 89 82.00 84.00 Ndd 9v3% '90 104.00 105.00 Dynasty 7% '82 138,00 140,00 AGT 8% 74 99.00 100.00 Acklands 7'i% 88 99.Q0 104,00 MGT 8% ■74 98.00 lOO.OO Sc Rain T‘ 4% 88 93.50 95.50 INDUSTRIALS W Tr C 5 Wo '88 80.00 83.00 Alta Gas Tr 9: *% ’90 100.00 102.50 W Tr 7 Wo '91 103.00 105.00 Alcan 9 V’/, ’91 101.00 103.00 Thp'Nuw York rnarkel txmUnued to Ik- a major Influence on Canadian trends. The Dow Jones average of 30 industrials closed the week al 841.48. down    . The Indicator recorded a sharp gain . Friday, however, in response to rrpinis liuii oil prices and supplies may he ou.sing. any lysis said. Toronto's #old index gained 69.5 poinls during the tirst two days of the week to tough a high or 520.24 Tuesday. tiulcJ prices in ICurope continued to be volatile, rising on rumors that Arab oil producers would demand payment in ¿¿old, und tailing on prortMaking. -'Hie ¿¿old index ended like week at frffi.7«. up 55.15. Toronto's base metal index was off 1.44 to 98.84, and western oils 1.13 to 256.84. Analysis remain cautious about projecting long-term trends but generally agree thal Canadian stocks are good investments as a result of Canada's energy resources. Indications that ttie-U.S. should suffer less from the energy crisis Ulan was originally thought could improve market outlook, thev say. SHOULD HELP MARKET (lanudian Business Service says that in the longer-term the lowering of the ILS. interest equalization tax should have a beneficial effect on Canadian markets. Until that tax was. applied in 1983, thousands or American investors participated in the development of Canadian oil and mining interests. "Its removal should see their return to our market and a subsequent strength and liquidity for Canadian securities" Canadian Business Service aavs. Trading was fairly active at Toronto this week with 16.56 million shares changing hands for a value of f 157.19 million, compared with 13.02 million and $100.04 million during the four sessions last week. On the Montreal market, volume was K.Bft million shares compared with vtiS million. Value was $42.02 million against $21.42 million. Canadian exchanges adopted extend* rd trading hours this week, opening one hour earlier to conform lo trading on the New York market. Albsrta grain EDMONTON - The Alberta Grain Commission reported Friday feed grain prices continued from firm to strung Ihruughout the province this week bul cold weather and road conditions limiting grain movement. In the Lethbridge district prices ranging wheat i3.30-J3.50. oats $1.60-S1.<S5 and barley $2.25-^2.40. Kr»m Medicine Hat — Brooks the prices reported are wheat $3. ID-$3.25, oil Is    and barley S2.35-S2.40. Little change noted from Calgary buyers with wheat $3.35-$3.4S, oats $1.35*31.40 and barley S2.25-S2.40. Red Deer bulyers advise they are paving wheat $3.25-$3.55, oats $1.30» £1.40 and barley $2.15-$2.40. The Vermilion reporter quotes wheat $2.50-$3.L0, oats $1.10-51.30. and barley' $1.8032.30. Around Edmonton prices are as follows* wheat $3,3543.65, oats *i,i& $1.40 and barley $2.20-$2.3&, -Peace River prices continued at wheat $3.00*$3.40, oats $L25-$L4Q. and barley $2.10*$2.25. . Egg prlc«s . KliMONTQN <CP> — Weekly egg and poultry report issued by the federal agriculture department: Errs: To producers: A large71; A medium 88: A small 50; ¡5 51: C 10; cracks 28. To retailers: A large #2-84; A medium M-KI; A small 65-69. To consumers (in cartons): A large DH-tfll: A medium 87-89V A small 75. Poultry: To producers: Live No. 1 chicken — bruilcrs. M'n; B and over. 39; 5 and undur B. H2'i. fowl — under 4. 10-12. Turkey — under 12, 47: 12 to 10, 48 over 111. 45. Live No. 2 chicken — 6 and over, 35: 5 and under 6. Turkey — under 12, 44: 12 to M. 45’n: over IB. 43, Gold future» WINNIPKG ICPI - Gold futures. U.K. funris. Winnipeg commodity ex-chanpe cinse Krida v, Jan 74 — I22.B5H; Apr 74 — 128.00; .Jlv 74 — m.9&B, Oet 74 — 137.008-■Irin .75 - 142.50. Thursduy's volume: 217 contracts. PICTURE BUTTE AUCTION MARKET fdnlly located In IIm e*ntr* of • larg* cattt* tMIng and hog r»tolng eaurrtry HOG AND DAIRY CATTLE SALE *«ry Saturday at 1 p.m. RANCH CALVES Feeder and Fat Cattle Wed., Jan. 16 at 1 p.m. 400—HEAD—400 All Clp*«e* of Cattle ★    Trucking ★    Branding ★    Vaccinating ★    Order Biying ★    Govarnmsnl Veterinary ★    Feeding Pens MARKET HOGS ASSEMBLED MONDAY THRU FRIDAY u.rc“rn,nd JIM or JOE juris Picture Butt« Auction Mtrkol — Pictur* Butt*. Albana Auction marini located 16 mlln north of LoHibridga on Hlflhw*« 21 MacLEAN UVEST0CK LTD means    , Sound Order Buying Service! DUETO 1.    Dlroct buying of frooh ranchor yoarllngs ond c»Ivm 2.    L*rg* weakly •hlpm*nt> of 1**d«r catll* from: (i) Central and Norihom Mbtiti (b)    SaakaMlMom (c)    InMrigf BrHMl CthfflMl 3.    CompMt* cov«r«go of local auction markets. Employ Us to Beef up Your Profits! Phont Mac MacLon 732*4211 Box 419-Picturt Butte — In loving ______________David W. Campbell' who died January 13th, 1973. Gone 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 CARDS OF THANKS BARTHEL - The family of Mr. Jerry Barthel and John Dykslag of Lethbridge wish to 'extend their heartfelt thanks to the many people who visited the families during the recent bereavement of their loving mother, wife and daughter Betsy. Thank-you for the words of comfort from Reverend Mulder, friends and neighbors during our first days of sudden sorrow. The spirit of Christian fellowship was felt by all. We wish to say thank you to the many who sent sympathy cards, floral tributes ana 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 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. Stlena Emmelkamp and families. 6952- 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 6965 CARDS OF THANKS ROBINSON - The family of the late Annie Robinson extend thanks to all who visited 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. Georgfe Brown for his beautiful rendition of one of our mom’s favorite songs “Beyond the Sunset” and also the solo “The Lord’s Prayer" sung by a grandson, Gordon Bullock of Provo; Utah, who unexpectedly 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 .Family 6953 FRASER — The family ol 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 any way with the lovely lunch. Your acts of kindness were very much appreciated and will never be forgotten. —The Fraser Families. 6796-12hSaturday, January 12, 1*74 — THC LETHBRIDGE HERALD - 31 CARDS OF THANKS HANZEL — Many thanks to the staff at St. Michael’s Hospital and special thanks to my doctors for the wonderful care 1 received while a patient 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 MAT1SZ — We wish to express our sincere appreciation to our many friends, relatives and neighbours for all 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 Matisz and families. 6963 Ottawa OTTAWA (CP) — About 25,300 head of slaughter cattle and calve» were (or sale at the 10 public stockyards this week, an increase of 15,000 head from last week.    ■ Demand for tup-grade cattle was good in all centres with Toronto reporting gains or S3 for A-l and A-2 steers, and 50 cents to$l for top-gradc 'heifers.    - Western centres also reported price increases. Edmonton was the exception — prices there dropped SO cents. In Toronto prices for D-l and D-2 cows increased 6 in early and midweek trading but dropped in moderate demand towards the end of the week. In western centres, cow prices dropped $2.30 to $3.30. Toronto also reported vealer calf prices down S4 to S7 in mid-week trading. Western prices remained steady. About 14.900 head ot. reader cattle and calves were on sale this week, an increase of about 11.000 head over last wa-V.    . ■Trading for feeder cattle was active in all centres with Toronto reporting [-losing prices SI higher for steers of more than 750 pounds and steer calves 401 to 575 pounds.    : In western centres prices generally were steady except in Edmonton where prices for steers of more than 750 pounds gained $2 W $4. About 2.500 head of sheep and lamb were offered for sale. Prices were steady in most centres but Edmuntoft reported mid-week losses of $1.50. Index 100 hog prices increased 95 cents. In most western centres hog prices Increased SO cents to $1.25. Calgary »purled early losses of S2.&0 but these were partly offset by later gains of $1.70. Slaughter cattle, sleers A-l and A-2; Calgary 47.50 to 51.60; Edmonton 47411; Saskatnon 46.50 4B; Winnipeg 4S-50; Toronto 51-53. Heifers. A-l, and A-2; Calgary 42.50-' 4t :m. KiJmorUon 42-43.50; Saskatoon 4H.2544.75: Winnipeg 44.50-46; Toronto 4(1.50-4«.    : ■ I>1 and D-Zcnws: Calgary 33-35; Edmonton 50: Saskatoon 32.50-34.50; Winnipeg 34-3B; Toronto 36-37. Slaughter calves, good choice veal: Edmonton 43-46; Saskatoon 50.50-SS: Toronto 53-CJ; Montreal 65-77. Feeder steers more than 750 pounds: Calgary 45-52: Edmonton 42-52,50; Saskatoon .18,25-48.50: Winnipeg 46 to 48: Toronto 47-52. l-'eeder steer calves 401-575 pounds: Calgary 40-53; Edmonton 48-58; Saskatoon 40-55.75; Winnipeg 52*56: Toronto 54-5». (iood lambs: Calgary 36-37: Edmonton 35-37.25: Toronto 40-51; Montreal $50. Index 100 hogs dressed; Calgary 48.75-50.55; Edmonton 49.10-49.30: ■Saskatoon 49,40-50.10: Winnipeg 49.1050.85: Toronto 53.00-55.10; Montreal *53,53. Dollar valu* MONTHEAL (CP) - U.S. dollar in lurrns of Canadian iunds at .1:30 p.m. Khdiiy was down i-£>fl aL $0.9tt 4-25. Pound sterlinn was up 11-25 at &.2V In New Vurk, Ihp Canadian dollar w;ls up 1-50 ¿it $1.01) 21-23. Pound sterling iv;<s tip at $2.25 3-20. Livestock Parllch There were 1,534 head of livestock sold this week at Perlich Bros. Auction Market Ltd. Receipts included 824 cattle and 710 hogs. Cattle market was strong and active. Prices were $2.00 to $5.00higlugr on feeder cattle. 215 feeder cattle sold to U.S. buyers. Price -quotations as follows: SLAUGHTER CATTLE Ai and A2 steers — not enough on offer. AI and A2 heifers — not enough on offer. D1 and D2 cows — 32 to 34.50. D4 cows — 27 to 30- Shelly cows 20 to 26, Bologna bulls — 42 to 43.60. REPLACEMENT CATTLE Steer calves, 250-400 lbs., none on offer. Steer calves, 400-500 lbs, 52 to 57. Steer calves, over 500 lbs., 51 to 57.2S. Feeder steers, under 800 lbs., 50 to 55.50. feeder steers, over 800 lbs. 49 to 52,80. . Hoi; Lein and shortkeep steers' -Heifer calves, 40O-500 lbs. 47 to 55., •:Heifer calves, over 500 lbs. 44 ttf B0.J Feeder heifers. 43 to 48. Feeder cows 27 to 33. Medium quality stock cows and heifers 350 In 400. HOGS. AND DAIRY CATTLE Market hogs, dressed weight, 49,05 to 50.55. Good weaners 18 to Z3.25. Light weaniers 12 to 16. Feeders, under 100 lbs. 25 to 34.50. Feeders, over 100 lbs. 34 to 46. Bred sows and gilts 115 to 140, Medium qualitv dairv cows 450 to 455. Calgary CALGARY (CP) — Receipts at the Calgary stockyards Friday totalled 289 cattle. 146 calves and 59 hogs. The cattle report was unchanged. Hogs base price 49.70 Karnlngs . Hiram Walker-fiooderhiini and Worst Ltd., three months ended Nov. 30: 1973. «1.935.000. U.S. funds, $1.27 a share; 1972. $20,320,000. $1.18. Trlr-rapiial i,«l, three months ended Nov. 30: 1973, $702,320, 32,7 rents a share; 1972, $541,494 , 25.3 cents. Toronto .Industrial Holdings Ltd., year ended Dec. 31: 1973. $1,590,000, 34.4 cents a share; 1B72, $1,055,000, 23 cents. REGULAR CATTLE SALE EVERY MONDAY AT 11 A.M. By G*w fawotte PA&T£~t/P A 90 % SAVING IN T1V£ AND LABOR COST FOR CONSTRUCTION OF CEMENT BLOCK buildimgs is claimed FOR A NEW "RASTE"US£D DIRECTLY FROW A CAULK-INGGUSI. TMe COMPOUND 15 NON-FLAMMABLE, NON* TOXIC AMD ODORLESS... ,„fTiss4/p mmotoe eouwYimiONfious# O* SMOOTH StíMHCiS, ON V&mcAUŸOA#Û*f-XOKTAUV S£T ttOCKSf REMKMBER... HOG SALES wry WEDNESDAY We will be assembling Market Hogs for the Marketing Board and sell Wearier and Feeder liOO p.m. 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 All Cattt* will b* Pregnancy T«*M Prior to Sal* I DotYi be content to accept one oiler at home* consign your live I stock to us. where you arft fluaraniMd io navo ii>e Auction Ring | lull 6t Buyers lo bid on your product PRAIRIE LIVESTOCK LTD. PHONC 223-3M1, TABER — DAY OR NICfHT CARDS OF THANKS BEREZNICKl - 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 thanks to my relatives and friends for the cards, flowers ^nd visits. Thank you. —Nick Bereznicki 6972 MRS. THURSA RUSSEL would like to thank relatives and friends for the lovely cards, flowers and gifts she received on her 60th birthday. Also the family would like to thank everyone who came out to make the open house such a memorable occasion, '    6983 Sole owner SAINT JOHN, N.B. (CP) -MacMillan-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 Feldmuehle A.G. of Düsseldorf, Germany. High level price for eggs denied Lethbridge Sales Monday to Friday. Cattle 308; H09S 1.B40; lambs'435. SUMMARY Butcher cattle prices uneven at 2.00 lower to 2.00 higher, Replacement cattle strong to 1.00 higher. Cattle market active. Slaughter steers meeting keen demand, prices 2.00-3.00 higher. The McIntyre Ranching Co. Ol Magrath sold 38 top quality steers averaging 1040 lbs. .sold al 50.70. SaJughter heilers 40-1.00 higher. All classes ol cows under pressure, prices 2.00 or more lower. Bulls sharply higher. The bulk ol the replacement cattle on offer were bred cows, the feeder steers sold strong to 1.00 higher. There were tnsutlicient stock calves on offer to establish quotations. SLAUGHTER CATTLt Steers A1 and 2 4g.75-50.70. Heifers A1 and 2. 42.50-43.30. + ’ Cows D1 arid‘2 35.00-37.00; D3 33.00-34.50;    D4 25.00-32.50. Bulls good 40.00-44.50 REPLACEMENT CATTLE Good feeder1 steers Over 900 lbs. 47.00-51.00. Good feeder heifers 42.00-44.50. Good Stock cows 30.00-34.00. Bred cows $300.00-$405.00 per head. HOCS A1ND LAMBS Butcher hogs sold this week at the Lethbridge Vards 49.45-50.85 base price. There were 590 head of butcher hogs sold for export at 37.6039.95 liveweight, Good lambs 2.00 higher at 36.0037.00. Hog prices EDMONTON (CP) - Closing average pricos Friday provided by the Alberta Hog Producers Marketing Board with Thursday average in brackets: Edmonton: 50.61 (50.04) Hed Doer: 51.76 (49.761. Calgary:. 51,37 (50.581. Letlibririae No sales (50.92). Lloydminsier: No sales (49.65 k 1'ort Mncleod: No sales (51.50>. Total ho« sales 4.541, average 51.19. No sows 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 Lilydale poultry said the retail prices of eggs and other poultry products may fluctuate because 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 had decreased since August but there had been no equivalent decline in retail egg prices. However, Northwest Feeds said here today that a ton of all-mash ration sold for 9154 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 Mora For All Typaa Of Scrap Matal Farm Machinery—Traclor*—Trucks Industrial Scrap—Machinery—Demolition Anything Mad* of Iron! COPPER — BRASS — RADIATORS — BATTERIES — CAST IROti Me.—Truck Load«—Carload* Truck Scolao — Magnal Cran* Sanrtea National Salvage Company LIMITED NEW LOCATION 206 33rd Straot North    Phono 328-1721 “Scrap Is Our Busin«*«” JOHNNY CHARLTON Lto.m OARVJKNtEN THE STOCKMAN S MARKET /....."    300 to 500 HOGS SELL Tues.f at 1 p.m. DAIRY COWS —BABY CALVES -SHEEP Market Hogs Shipped Dally Llva Watght and Draaaad Batta ] special Rancher Calf Sale , Jin. 16th — 1 p.m. 500 HEAD TOP QUALITY RANCH CALVES special—aso ranch calves from oheownea ..... YEARLING FEEDER AND FAT CATTLE and CALVES Thursday -1 p.n„ 600 - HEAP-600 Stock Cow Sale Frl., Jan. 25th 1 p.m. Listings Invitod PERLICH BROS. AUCTION MARKET LTD. Locatad tn tt>a Hwb ol Sowtharn AMwta'a Livaatock Indwatry a mttaa aaat ol lafflferMga on HiQiNlay 1 and 'A mtta aoutti BOX 10S7, LETHBRIDGE Phon* Day or NtyM 3W-3101 PLEASE NOTE NEW PHONE NUMBER 329*3101 Company Ltcons* No. 0714*5 AUCTIONEERS: JOiMRLtCM MOBBALOO TONY PtRLlCH ttC. SIMM_ LIC. WTM4_UC. S1WW ni'. .iífiR6«siVE*cr/r!W Ñ' S-.WïVA SV.Gli !V.O ‘S C.O¡"l ;