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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - January 13, 1973, Lethbridge, Alberta 22 THE LETHBRIOGE HERALD Sofurdny, January 13, 1973 Livestock market Ottawa Livestock Saskatoon :4.50-Si: Edrnopton 34-15: Calgary 30.5CM2-. OTTAWA .CF KeceitJts Feeder steers over 750 it Canadi's fuvk- pounds: Toronto X-W: Wirmi- vards to Thirs- reg 54-10: Saskatoon 37-11: Fri- day returrtv to wrtt-.a! with rronton J4-15: 35.50: Good and chotce veal Montreal Toronto 41-57: Saskatoon 40- 45.50: Ei-aocton 40-43. Gcoii lambs: Taixito 36-39: WL-jjpee 3: 50-34: Saskatoon Edmonton 2S-30: Calgary Index 100 hoes dressed: MOE- real Torocto 44.15-46: Win- nipeg 39. 65 -J045: Saskatoon 3S.95: onion 37.50- 3T 3S.D5. Jteer 401 :o 575 pourcs- Wir.ri- calves Mie-tx: 'or sl.iuir.cer, 1S.1T r-eavi !0r uvcLlg s.-.eep limbs available. cerr-inis A-l A-- sreers wre uneven with eastern mccs aiK 'rarerr. steady to lower. 5-: B-: co e: Choice rlth to pr C-3CC li-'rs -vere accve etrocger r-ces arc hots '-ere er price trerc. Seers. A-l M'.T.real Torocto 41 43 10: K: tooc S4-3G. Ciliary 37 Heifers. A-: A-I: Toro to 33 4'1-'.': M.50: J4 "3 35. IidrnontPi: "J-Jc. Canary S4.3 36.60. NATIONAL FEED AND LIVESTOCK .Mr. C- as MCn- cger, l --sed Live- pointment c- cs Manacer of Sc- has en ffs'ersive il feeding crd rrc-cg rrant. Hi Cvcilcbls to prcdi-'C- tn Soulr-rn Ab-r-c in L'cu-c S" V 13S4. Lethbridge Livestock Sales Monday 'o Friday Cat- tle 510: calves 30c; lambs Butcher cattie prices are hish" to a? as 1 in" spots. Replacement cattle arourc higher Trade strong and active. Slaughter steers keen deziacc. prices :5-M nigh- er. -xc sales to 39. SO. this is the highest price that has ever been paid for slaughter steers in tl-e histnry of the Lethbrlcje Public stockyards. SiacEhter heifers steady to strong. AI! ciasses of COM-S under pressure, prices 50 i lower n spots. Bulls 1 1.50 higher. Ker' cattje meeting very c'eciand frcz: i'Xal buyers, prices. SLAVGHTZRS AI ar.d A- Steers 3S.73 SS.50. Al ar.d .AT Heit'ers 35-i5 70 .D: and DC 3.50-K.3C. D3 :4- 25. D4s Gcod buiis :s- 30.50 REPLACEMENTS Gcod feeder steer? over 750 Ibs. 3S-43: good feeder steers under 7K lis. 4CL4s 40: good feeder betters 573-7PO Es. 3o- 3S- bred rer tesd. Stock 1th calf at fcc: per stock stesr calves good stocl-t heifer calves 33 50-C. HOGS. LAMBS Butcher hojs sold this at Lethitndse Yards 33.25 'Dise price. attc feeder tor? about steady to 4 per bead "higher. Wearers 13- 13. Lieht feeders under ICO Ibs. Eea'.--' feeders over ICO Ibs. 30-40 per head. Ugr: feeders ur.cer 100 Ibs. sold from 3.1> 4" per htincrec- Heavy feeders ICO ibi. 26-30.50 per hundredweight, Bred sows 60-130 per bead. Good hunbs 2S. THE STOCKMEN'S MARKET 300 TO 500 HOGS TUES., at 1 p.m. ALSO -DAIRY COWS -BABY CALVES -SHEEP Market Hogs Shipped Daily IOCH-IOMOND STOCK FARMS SHORTHORN PRODUCTION SALE WED., JAN. 17th ot 1 p.m. 42 REGISTERED SHORTHORNS Including; 19 FEMALES 1 3 YEAR OtD BULL 13 2 YEAR OtD BUllS t YEARLING BULLS An opportunity tc buy top qualify breeding itaclc for commercial and purebred cattlemen. YEARLING FEEDER AND FAT CATTLE AND CALVES Thursday 1 p.m. 800 HEAD 800 INCLUDING 40 CHAROLAIS REPLACEMENT HEIFERS FIRST SPECIAL STOCK COW and BRED HEIFER SALE of 73 WED., JAN. 24th AT 1 P.M. 500 TO 800 HEAD OF STOCK COWS AND BRED HEIFERS INCLUDING 150 ONE OWNER RANCH COWS SO HEREFORD HEIFERS LIST YOURS EARLY PERLICH BROS. AUCTION MARKET LTD. Lecot.d in Hub of Southern Alb.rfo'i Liv.itocb Indvifry 3 milei can of iHhbridgo on Highway 3 and U mil. loulh BOX 1057. LETHBRIDGE PHONE DAY OR NIGHT 328-3951 report Perlich Livestock i There were 2WO head of live-! stock sold this week at Perlich Bros. Auction Market. Re- ceipts 1N9 cattle and 7L1 hoes. Price quotations as SLAIT.HTER CATTLE Good to low choice 3S-35.SO; good to low choice heifers good! cows medium cow's catmers and J IS-li: shelly kinds 10-17.50; bolosra bulls 2S-31.70. RFPLACE.MENT CATTLE Steers CKMOO Ibs. 43- 50: steers 40O600 Ibs. 4S-M: steers WO-SCO Ibs. 43-47; steers SCO W-43.73: holsteLl 39 heavy HiVisteLn feeder 3S 5M7.40: heifer calves C5C- Ibs. heifer calves 4CO-5W Its. with sales to 47.50 on Cnarolais: heifer Calves over 500 ibs. feeder heifers all weights bred stock COHX and bred heiiers 300- 357.511: 260-300: HOGS Gcod Meaners 17 24 23; Liht wear.ers U-16: feeders under Ibs 25-34.75; feeders over Ibs. 35- 54 sccc so'- lCO-145: Trucking proposal dropped Taber Livestock TA3ER Or. offer this w 107S bead cf livestock coc- of SlU cattle, and hofs. Trade was very active most classes shoeing u> creased demands. Butch- er steers and heifers ot H5 cents stronger. Cows up 50 cents. Willis raised Stoci Cos? and Bred Heifers steady. No choice feeder steers or hei- fers were offered. S'-eer calves steady. Eeifer calves up 1.50. All classes cf hogs were 1 to Gccd to choice b u t c h e r steers. 39 to 39.35; :aL- to med- ium. So to Gooe to choice butcher hei- fers. 56 to a-50: fair to rnec- G-xc cc-'-s. _b to 27 cO: fair Bred atxi heifers, oto to Bulls. "3 to GC.Is. FaL- to medium feeder steers over pounds. 3S to. 41.50. FaL- to' medium feeder hei- fer; ever fyl pounds. 37 to 33.75. Good steer calves, :2 to 55: fair to medium. 43 to 51.75. Good "rvifer calves. 44 to 47; Light feeders. 24 to Untapped oil heart of bargain position prces OVrOX Weeilv ECrGf To prcc-jcers: A large 45: A -ediizT 45. A C4: B 33: C 6: cracks 15. To retailers A large nteclluiTi 37: A A-ali 26-41. To tti canottss: A iarge A medium 55-63: A sdail POLXTRY To producers: ii'-e No. 1 chicken brokers. 24: 6 and c'-er 3 arc ctder 6. :4.: 'jrvier 4. 4-6: 12, 12 to 13. y-.; 0'. er 13. 17. Lire No. chicsen broil- ers 21: S ard over 13'-: 5 aid ur.cer 6, "1: urdrr 12 to 13. o'-er 13. 2j. Beef futures WTNMPEG C? _- Live beef beef futures cicse Fridav Jan 39.3JN: Mar 40.ION; Msy 40.W3. Tbursday's volu.T.e: No cor.- trairs. By IRVING C. WHYXOT CP Business Editor TORONTO C? i The re- cent oil product price increases in Canada. they hit the etbocs: where it hurts, have much rar.crg ramiflcs- ticns considered as pan ci the energy scece. ell map as far trroclucricr. goes less than three per cent c: the world total the untapyed reserves '.h'O No-th and off- shcrs areas ore major harfEiti- big c'-estic-c is Can- sea use tl'Ls its energy exploration and ce- veiopliietlt plan or. even more v.-hole tracing relatlorshin -vj tbj Vrated States, bv far our trac- ecor-omic t' are n-erse. ar.c the po-trical imD'i- combes. For Carjaca. the has to face a decision or. U.S. overtures for sorae form ot a cctfjr.ental Or. the other har.d. Canada's cec-sicc has to re sreigr.ted soircss or" and ce- rrjancls that the envLror-meijt be srotected in the fnr-zer areas, There is no doubt the or.e-thlrd of toul vorld erergy wants ac- cess to additional Canadian supolies. John Nassikas. the U.S. Federal steadily increasing oil and nat- tirai gas imports frora Canada. btr. that from the Canadian Arctic be esper- rve and to transport. SURPLUS In Ona-i. F_r.ergy Miroser Donald reaitlrms that Canada's policy has beer. t.i expor. 'Xly supplies ard ne-eds. He says there :s r.o in'enion of cb.anrmg this pc-sirior.. No r-ancs al-rro oil is corcsmed I: is truly 2 Torld cotnmoclitv, b'jt 9 per cent cf me production comes from 11 rr.ajor pnxrjc- ir.g nadctj. in the Mid- d'e There has been seady these ccvjntries for higher prices, and this reflects on the whole world market. Their positdoa is strong csuse world cetriazd for energy has been irr-rreasfcg at a fan- tastic rate for more than 5 years. The ceman-d for oil. for usance, has uxreased four- fc'.G. HEAVY SHIFT For total demand, th? increase even niore pro- roujxed atxi there was a bee-.-y shift to petrole'-tm per cent ci the total b to 54 per cer.t by 1971. The experts say there is no slcnvutg of these dcrnarjcs in sirht. The total rectiretner.t by 1SS5 is expected to be dotib'e that of with petroleum fuels -ore than haL' cf this. For Car.ada. the bis rrtariet is the I" S.. which, iroports clcse to per cert of its cti needs aid errects to jump to 5 K: cent by Car-iCi ptOTtdes rr.5re thar. these U.S. imports. Li sold the U.S. an averaze 740.000 barren of u-cs show up to S4-1 barrels i day it: Tr.c- caily is e-vpectecl to ccreasj RESERVES LOW U S. reserves are running ovs fast at present rates of cccs-jrr.Ddon oil rese-.-es will last only seven years ard gas "_2 years. Canada's proven oil reserves are enough to last 21 years and gas reserves 66 years. The. untapped and still irt- krxriTt reserves are the big phis that gives Car.2c-a strons bar- iainir.i: reserves cf proven crjde are 5.6 billion barrels, b'jt there is an r-ated 1 biilion to 15 billion in the Canadian North. Known Canadian reser.-es of gas are r-iliMri feet with an S-'O trhhoc to 775 r-illion crjbic feet niore b the Ncrth. By comparison, known U.S. are 3S billion barrels of crude and 300 trillion feet of gas. That rounds impressive. biit not when considered against U'.S consumption that is 100 times as heavy as in Canada. Higher pnces to producers will encourajje cerekxnent ard eraloration of possible euergy so-jrces. How long Canada will be ab'.e to U.S. pressure for ac- cess to its reserves if probl-ema- tical. U the U.S. tries to bar- sain for energy in general trade talks. Canada will have agmiz- nH decisiccs to make. Tse .Americans already are p-o'-'dirig uch of the capital for exploration in Canada through comrcU- ed subsidiary" firms. In return they set the right to purchase certain quantities of Canadian sac if it is ard if it is surplus to Canac's own needs. If Canada delays, the U.S. c.-nild well start lookinc else- where or rr.ore ettiphasts or. cevelcprjert of alterative PRLME TARGET Kcwever. Canac'a is still a target ot" U.S. planners. Sec-jr.ty of is a fac- tor. Tae U.S. has been Icoiing the possibilir.- ot" Russian gas. for ostance. Btit Interior Secretar.' Rogers Morion '-I can thiri cf a KX 'Berter pieces to spend Bnthtime Two members of a Rus sion scientific expedition I share wcter with a thirsty ccrrel, horrred in on iheir desert dip in a con- Crete tub filled with cries- ion water. According to ins Sovet news agency Tcss, tie Scientific Spert Expediticn crcssed hun- drecf; c: miles ct a rapid clio ''-rrugh Ihe cf Kyzyi-K'.-.-' crd Kcrc-Kum in Russia. Graiu prices Winnipeg Grain ttiXMPEG ,'CFl Rare-; seed was active aad on a strrag pattern ra tbe i MI exchanse Fnoay. Dill EDMONTON (CP) The Alberta government has dropp- ed its proposal to take over trucking firm which faces bank- ruptcy, provincial treasurer Gordon Miniely said Friday. He said in a statement the government has done every- LhinE possible to save the firm, Cotitinental Lines Ltd., from bankruptcy. the company Is to continue operations as they presently exist, it will cost the Treasury Branch approximate- ly S7.000 per day just to marn- sa'd. "Unfortunately, the eov- emment cannot let this situa- tion continue." IMinisier Fred Pea- cock said earlier this week the provincial government may as- sume control of the company. This proposal was attacked by Albert Ludms. Social Credit MLA for Calgary Mountain I View, who said the move would violate a "fundamental princi- pie of private enterprise." Mr. Miniely said Continental i F-xpress Lines, which operates betiveen Montreal and Vancou- ver. started dealing with the i Treasury Branch in 19H due i to a history of financial dilfi- culties. He said the firm now owes the Treasury Branch Sl.S mil- lion. i Mr. Peacoci said earlier the company owes a total of million to about 1.100 creditors. 1 Mr. Mmiely said be and Mr. Peacock have exhausted every effort to assist the company. For the sake of competition as well ss for tbe Albertans ffto were employed by the firm. He added thst the company's ability to recover tras being impaired daily and it had be- come extremely doubtful that the company could be saved. The minister ssid he is con- fideot most ot the firm's 250 employees. S5 o; ihena in Al- berta, will be relocated with other transport firms. export sales eommodity Fiax was also strong with Locals and commission bous-: es were Livcl-.ed b which OTTAWA ?CP; Trade Min- v, as much as four cents is'.er Gillespte in- stronger during the session. troduced a bill in the Common? Gits and barley' were fracdonai- Fridi' to increase tbe ability of !y higher or. rotidne trace. tbe Export Development Corp. Volume of trace Thursday in- to help Canadian tHEirjesses cluc'ed 1.P75 COO biishels of make sales abroad. i.TsS.'M erf rye and 2.431.0M of The bill, given routiae Tirst rapesetd. reading, will increase the au- Overseas clearances of Can- tboriiec capita! of the Crown adian 'Induced ISo.OT corpcradon to E125 million from bushels to Belgium. 146.CW to lie present S73 million, italy. to Japan. 75.iW to That amount would be divioVd the Netherlands. Jic.OW to the 1.25 minion shares instead to Smier- o: Tpi.WJ. 'ins. 3S4.OT to United King- dom. Lal-tehead eir-.''- wbeat p.-lc- es all were up :t cent. bill also would raise the ceiling for loans and loan guar- antees to c-jstoaiers to n.5 htl- Lcn frora the present SS50 mil- UCD. Obviously. Canada is one of those places. Aside frotn secur- ity. there be the added benefji of return through tie operation of American szibsi- diaries in Canada. There would be no such return frotn Russian pijrchases. What it boils down to Is that- Canada has something to sell the U.S. needs. When and under what conciaocs should a sale be at the same time rcotectdnz Canada's f'Jttre needs? A LONG TIME expandmg iore ihar. opersucas cf the corpo- rive-isths of kizo'.ni eeological rtuoo as a means to iacreast time 2.5 niillion years. REGULAR CATTLE SALE EVERY i MONDAY AT I A.M.I HOGS SELL AT 11 A.M. THURSDAY, JANUARY 18th STOCK COW AND BRED HEIFER SALE PRAIRIE LIVESTOCK LTD. PHONE 223-3921, TABER DAY OR NIGHT Auctioneir: JOHNNY CHARLTON So1" lit. 293 GARY JENSEN Feed grain I prices steady Leth'or.dre area reoor'-5 the Recor-s from for ioiio'.rir.g bids: wheat 1.53. oats. CO cenLs and barley 1 sellers 1.50. 54 cents and barley i A'. Cslsary Mdbg or -res' 3rd oats a' and 7i cerw a strer.ethenina in TP vrneat ft'as offered ai 1 75 and at 1.10. btt no oals feed. The high bid for -vfceat at Red Deer increased to 1.80 with silsht to 70 and barley to 95 ceri'j. Sorr.c offered at 1.70 arjl bsrley at W ccnt.s Reports from VemvlliTn dL'- trict bids at oars and barley remainir.G st 135-. WCOKS ;ieures of 70 cents ar.d 1 ivr.s offered as follows: whcut l.M. oats 65 cents and barlcv 1. Kdmor.ton also wheat bids siichtly strnr.Eor at I.S5 airs at 73 ard bar- ioy at 1, as rerorted ly. No wheat was offered at 170 cents and barley at K the Peace River district advise bids of wheat ac 1.70. oats 75 cents aad barley widi no beins offered. i CATTLE SALE! Wednesday, Jan. 17th, p.m. 25 Head Half Semmental Bred Heifers Consigned by S.B.L, Cardrton. 35 Head Al BRED COWS From Ron Eyrie bred to Porisienne Galont and Beat Rex. 60 Head Bred Cows 100 Steer Calves CARDSTON DISTRICT AUCTION CARDSTON, ALTA. Auctioneer: JIM CROWE, lie. No. 410 PICTURE BUTTE AUCTION MARKET Idiclly iKoted in thi (tntri of a orgi coriU Feeding end Hag Roiling Counlrf CALF FEEDER AND FAT CATTLE Every Wednesday at 1 p.m. WED. JAN. 17th 400 HEAD-AU CLASSES OF CATTLE Servicei Trucking Branding Vaccinating Order Buying Government Veterinary Feeding Peni DAIRY CATTLE SALE .very Saturday at 1 p.m. MARKET HOGS ASSEMBLED MONDAY THRU FRIDAY JIM or JOE JURIS For InFormmlcn and AutTion Morkel _ Allo. Auction market locotxl 16 mild north of lithbridg. Highway 55 M-on. Piilur. Bud. ;