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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - January 19, 1973, Lethbridge, Alberta Friday, January 19, 1973 THE IETHBRIDSE HHALD 21 Bank stocks up in active trade TORONTO (CP1 Prices on '236 issues remained unchanged. the Toronto stock market were Chrysler fell :s to 5393-J, To- Winnipeg Grain in active mid-momiug ronto Star B to So3, and Do- The industrial index, coasid-; Imperial Oil Li to ered a major indicator of mar-: fasco 's to ket trends, was off .10 to 223.00 and wesrern oils .70 10 2S5.30. Golds were up .17 to 204.25 and Perrofina Canada 5s to base metals .45 to 93.10. Moffat Communication 4 to SI3 Volume by 11 a.m. was 1.01 million shares compared :nih r .-Vndres Wines rose 1 to .Associates 1 to SIB, million traded the same time Thursday. Beverage, oil refining, pipe- line and s'.eel stocks were and Price Co. H to Caaat'ian Superior Oil lost to 553 while Siebens climbed H to 5154. MONTREAL (CP) Declines among sectors of the market: outnumbered advances in mod-, WINNIPEG (CP) Rape- seed maintained its opereng j stroigtti but was weaker i at mid-session on the Winnipeg j Commodity Exchange today. Rapeseed fuures were four to i seven cents higher on active trading. Flax was fractionally lower to two cents higher on a i mixed trade. Oats was fractionally higher and barley a cent stronger on moderate, routine trading. Eye, j which opened about three cents j above previous close levels, j was about one cent higher in the nearby month but fraction-1 ally lower in deterred futures. Thursday's volume of trade 1.003.000 of rye and of rapeseed. Mid-Session prices: Flax: May love- 4.37A: j July 2 higher 4.18A; Oct. '-i I higher 4.03 Nov. not open. Rapeseed Vancouver: Jan. 5 higher 3.53 March 6 j higher 3.58 34A; June 7 hisher j 3.56A: Sep. 6 higher 3.50B; Nov. 4 higher 3.S6B. Rapeseed Thrafcr Bay: May higher 3.53 1i: Juiy 6 "'2 high- Montreal (Supplied by Dolerty. McCaalg LImileii) Grain prices Miscellaneous quotations f MnntrPnl take attitude5 a.m. ouotul LAST BID OR SALE nl.'DO t.m. t.m. Ouotei) I mx.Ki z. uliJ> U 2 recording losses wrule commu- erate trading on the Montreal er get 4 _s hioher il2 nication, processing, paper stock market today. and forest and bank issues were Combined volume on the Mon- hieher. lead Advances held s slim over declines. 145 to 128. while shares, compared with at the same time Thursday. Industrials dropped .M to 232.W. the composite .61 to 23S.44 and utilities .35 to 162.63 while papers gained .85 to 110.09 and banks .45 to 281.41. On the Montreal Stock Ex- change. Canadian Arena _ Oats: Mav higher 1.07 3jA: ireal and Canadian stock ex- Jujv j 07A: TS changes at 1! a.m. was m r_R LIVESTOQi REPORT Calgary livestock dropped' Ts to S18H, Dome Pet- CALGARY (CP1 Receipts roleum to S433j and Imperial to 11 am from the Barley: May 1 higher 151 Oct.' 1 higher 1.49 Rye: May 1 Ti higher l.SS July lower 1.75 Oct. "-4 lower 1.71 1jA. Grain qucies Wednesday (basis Lakehead1: High Low Close Flax Oil ;-i to while Andres May 441V sales sained 1H to W3Tf. Jly On ae Canadian Stock Ex-1 0_ct 403 change. Cinevifion cropped to 512 on 9.325 shares. Rapeseed Vancouver Jan 353 342 NEW YORK (API Stock Mar were plainer kinds- sell- market prices plummeted today Jun ins steady! A few bulls also as Wall Street continued to fret j Sep over the possible effect of ad-: Nov ministration policies on tie economy and ignored news of business expansion. Jlv Too noon Dow Jones average j Oct mainly steers weighing 576 to of SO industrials was down 9.63 Oa 750 pounds and heifeTS in the to 1.019.49. and declines out- i 560 to 650 pound range. numbered advances by a 2-lo-i' J'.v Stock calves were generally margin in heavy trading on the i In the 450 to 575 pound New" York Stock Exchange. Tab-child Industries, which had increased nearly 2 points Thursday just before official an- a.m. pubh'c stockyards of of Cutt'.e. mostly replacement and stock calves. Trade was strong and active. There were no slaughter steers or heifers en offer. Cows sold steady Cows Dl and 24.To io 25. D4 20.50 to 24. Good 29 to 32. Replacement cattle were 400 342 339 344 334 332 329 Rapfseed Thunder J Msv 330 s 416 These met wiih keen demand wirh some expert order ir. evi- dence for stock calves. Prices on replacement steers nouncement it had won an Air and Heifers strong. Force cositract that might Stock calves sold oa a fully amount to SI billion, slipped H steady basis. Good feeder steers over 750 pounds 33 to 43. Under 750 rounds -M to 47 to 4S.SO. Good feeder heifers 34 to 3S.50. Good stock sicer calves. Barley May 1501-: Jly Oct 1484 Rye May 18911 ________ _ Oct to S12: .American Telephone common feu Ts to ?52Vs after the com- LrdS all weights 45 to 53. Good stock heifer calves all weights 33 to 44. Hogs sold fob Calgary to 11 a.m. average base price 40.25. stations pany to massive "wage J T increases in the settlement of a j ClOSeCl aOll'Jl job discrimination suit filed- against it. Gold futures wiped out TEL (API Eighty per cent of trael's tomalo pro- BRVSSELS (AP) The Bel- gian government ordered all gas stations closed this weekend as the faced a worsen- ing fuel crisis due to a week-old WKXTPEG (CP) Gold fu-1 srrike by oil refinery workers, tures. U.S. funds per ounce, j yi garasres were ordered Winnipeg Commodity Exchange closed p.m. tonight unril Tiiursday. 5 a m. Monday. Some sources Jan 73 64.25A: Apr 73- predicted all fesen-es wo-jld be duction 'and half the avocado. M.90A- July 73 65.80: Oct 73 exhausted bv Tuesdav Jan 74 6S.05. !________'_i banana and pocato crops were destroyed by a wave of cold ihe kiSt mcnth. Wednesday's volume: 16 con- racts JOHN DEERE INDUSTRIAL Are you planning for Hie fulure? Wt- c: c-r r.ew :-r 1573 o.-.d increzsira c'cr-crd rrccs ci uJ. v.-e recuire 'ived who art inftrested in grcwi-g L1! c-z their cfcjertives. Tcp rcfei wi'h 'he perc'e, Lcccl interviewi in orec) "ill bs Write imiriKiictelv to KEN BROWN, c o COAST TSACTOH t EQUIPMENT. 1211 GREAT NORTHERN WAr, VANCOUVER, B.C. or PHONE 673.1651 Eveningi Phons 581-3416. Quota boosted 'for flaxseed WINNIPEG (CP? The Ca- nadian wheat board announced yesterday that the quota for flaxseed has been increased to 20 bushels from 15. effective im- mediately, in all shipping blocks. CORRECTION Alberts Men's Apporel od in yesterday's paper should have read as follows 331 5th St. S. SIMPSONS-SEARS Ccnodo's foslest growing retail business immediate openings in the field of CREDIT SALES MANAGEMENT wide variety of challenging opportunities avail- able due to our continuing expansion program. Minimum age 21 with one cr mere of the following qualifications educaricn Re! a led experience in bcnk leans, finance companies cf other credit granting capacity. These positions offer immediate and respon- sibilities, Apply In perun to PERSONNEL OFFICE SIMPSONS-SEARS LETHBRIDGE, AISIS7A Hog prices EDMONTON tCP) Aver- age prices to 11 a.m. provided by the Alberta Hog Producers Marke'iing Board'. Edmonton: 40.25, average Thursday 40.04. Serf Deer: 40.25, average Thursday 29.2S. Calgary: 40.25, average Tiiursday 39.23. j Lethbridge: Nil. average 'Thursday S9.52. Lloydminsier: Nil. average Thursday 39 50. Fort Macleod: Nil. average Thursday 3? 70. Grande Prairie: Nil. average Thursday 38.50. Fairriew: Nil. average WESTERN OILS Cdn Pacific Inv J7.12V4 Amr Cr F Alt- Erst Gss MS Crestrroak Ind 4.75 AGF Special 3-rt Almme.- 7-00 Ind 2S.7S Cdn nvest F S.rt RIC SWIHART U HeraW SUft Writer voice of Alberta's farm com- 6, 7 and 3, said, "The attitude unitv. of producers in the west is 1125 Cvnnus A 775 Col 8-14 Cyenus B 7-75 Cmrrw Inltr Federal Lea, attending the West- of cauta fro BP Canada Falcon 13 J.J7 "grow all (he grain you em Agricultura] Corlerence are cautious of Mines F and M Trust inJSI 717 Can Scutn 735 G'fTlar IB '5 RVKl _ t are being taken with a the Canadian Federation of all-out production for r_fln MUin e M en Corp In SI F S.W 6.19 CCn Ex Gei _ t.u Home A -i--J Dreyfus F U S. 13.19 of salt according Io Dob- Agriculture prior to the CFA ranee periods unless the 13. Home B 29.25 j CdT I'd Gas Hud Bay Co iD.W SJ, 927 10 Lea, president o[ Uniform, annual meeting in Ottawa Feo. government is prepared to Cnn Long 1: .3} Hud Bay Oil 53-00 F a fund or reserve stock pol- Can Suptr 5fi-M HUG Say A tl-00 6 jj 6a Cr.irrer -1.00 Hugh Russell IS Mutual Ac that will maie sure if cn'sfian IMZVa O'l 21.25 MuTUBl Gr F Pe> Husky B Pfl 4312Vj Nat RK 8.25 9.03 ?.2u D War 7.25 jj Cdn 5.BS fi.i4 Fr H'jsky E War 6.75 fj w Gr S Ei grain elevator G.en: S to inter Prov Ppe Gr 5-23 5.6'j G-ar.iEle Prov S'ee! 17.W HoyiLj'xJ 7.2i 7.i5 Gt Pla'r.s 17. XI Rfci 2.33 Temp Gr 5.7? Gt Csn Oil 5 E.H C Pfd X-50 Ac 5.99 fi.i? i -v-h'tj 3.10 Pacfic Pe'e Sav T ,7 T T 7 77 "If the federal government Letlioridge may be sola iet it i give us the assurance P3C v.'Kt Air 1125 EJ4 get burned like last time.'" W.'-iU 2.15 Rainier In; J.75 Tie million been losing about S100.0M an- Iisr'n Cdn O'.ls E.M Royal TuTsf -2. 03 AircM .93 5C 22. St. fAELjrice Cap 1.25 'J capacity Canadian Gov- cuallv, so lenders were called 3, Par-iS-, Pit! 17.M SCO WMl Elevator on the east- to get rid of the elevator. Fai Id.Ca oulikirts of said DO offers were re- ,T r T V34 J Atton change hands in the near ceired from the first tender call Gas .78 A Pfd ti 75 '5? p-.rrT .53 Vti7> Yuksi 13 03 Ba that the commission felt could L L. P-insir 31.12Va PIPE LINE STOCKS Shuttleworth. assistant be recommended to the federsl Re'.n Gas A 17.53 commissioner for the Ca- minister of agriculture, said another factor which AltjG'sFJd 73.Z5 nTi'lv'' .72 G55 22.03 iSllCi'l" Pe- Grain Commission, told ing one from the Alberta Wheat ''ould help the p-sin ,.3''i Nat G2I IJ.mi Herald Thursday the board Pool. is for the i n'sl rs's ?.-3 fj grid C IS 00 U -3 N srti C 3 PJd grain commissioners is now tender call was nut m2ie sure trl5re an offer with an un- in October. 1972. decision to 11- G-T tMro A source. has been made on the most re- domestic MISCELLAHEOUa r i T KIAL5 INDUSTRIES a r would not say whether the cent offer Mr. would heb hold dow2 the iNUUaiKltS Tr Cda A P'5 63.75 r_2l j.50 L'd :s.OO jr a pfj jjys cd- was for sale or lease of i worth said. price to Tr War U.75 Key freiaht assistance str-jc- v.C 21.75 OILS EC Pfd j.73 Albjny 1.28 j.33 MUTUAL FUNDS V-'i Res 1.1 IS months ago tie p ture for agriculture! products board put the elevator uu for vrraiH export movie across Car.sda is E-i'Erew A Pld 2B.C-5 Al Co'l "oiv'd 10 i2 i'r1! Res or lease. Mr. on the list of nrioriiies C2T E'EW 5 32.12'.i Cdn Vert 5i V.'es; EKjlX for years ttre facilitv western i target Lea said. "There ETJDesrs Toronto mines, industrials Proper be some ineoumes ia the i S? (SnppHed By RichardsoE Secorities ol Canada) LAST BID OR terminals BCO bushels of praine gram at pushing for changes. B.TI. (11 iW r.n. Tl'iK rn. es acceptable to producers, del- vegetable m Al-Stressed deeded riursdav at the'berta Pnd it difficult to Ol TTesSem Aericultural Cooier- nete with grower? Ln Asvxa'e 1.25 P.C. Gsr, rf. rhp frpiph. Quebec .'1 PE Proper use of inland grain terminals is need- agreed actual produc- structure now F.TD 2r.W S'rf to maiimiie effitiencv decisions skxJd be }eft up r'e C3-. N.V.. C-rrrci S for r-nrer? rjaides for of then back to Alberta markets Zf, Dalegatts from Albirta's 'cheaper than producers in CD-Acr' 75 172 Irv C-- A Fprm can. This Isa't :5 V.'Tc'-T Hi-s-eavts Iv U: 1 21.75 :.I5 .03 Kfl'v Dd.1? savs moving cleas Eraia from inland terminals io" CT- lcm GraE Growers ingh, positions is more efficient Federa- Mr. Lea said ihe rre.ght a> and more economical Ln the 0: the fed- slstance mestioa v.-ul oe one INDUSTRIALS c run should suppan more importaru issues to predicted here, prior to KHcepl o; ag- f ace the Canatiian .V'-u 72 OJ nnfminp of the third cj coJ_imoaiij> AericultuTS. ii- r'ii i- ;.r: A-isr- A WiKat Growers Association convention that fei; efferJve 45. CO N3-h cer.I handling industrr wiil g r a i ns agreement Finance .51 indude and .0 S.C. Tfj K Cc l-'.lTr v.K. ie.75 Ra'r-ia-j said elevators such as the An aggressive sales Ltd, G-S-ZL: 3.15 e C. 35.93 Lew Government Elevator Calgary PloEt, Ee, llis l-i VaMr-d X Lethbridge have beer, losing ilh Ave. S.W., Ccloory En. ,15 C-E Ind VSSTS e> iii aj Irf Ear ;.K CCT Erew 5.F7'-i Steel cf CCa 37. 'S jVilEf Cell 1.13 Ttxera ASi IT.jT'j Ca'airy Tradsr: Grr A 2? tevo onlv had a eoual to theL- capacitv each rri f Canaaiai cram ''Eridgs" cvcilcblt, cr.d ever. Ksv Cc-on Crts'it l.tS T'-J FD Lstreir- CAS' P'd V X_ Trars Cia P? There is storage for 20 mil- ics urged ths; minimum MRS. f. THOM Cr- bushels LT the throuEhout Canada aad wnsaL, oao .73 V-cNHli' C ?.R. H.ra 16.03 if.57 S onlv harile about the escsnaes' U same number of bushels a of esci ;.'E'a Cms 1S ?3 A 31 61' AV-.-f-n .T Gsi H'ssf Cf-> Seed f Den Vridpi 32.75 far 1 i Ii "To be viable, they should handle at least four tiines Salesman of the 1C in a he Csrper 3.ii AV.'rH' -ii.15 Do-e Fsfc 5ccMa could handle eight Chevrolet H Dr'ssca 27.53 Rcyal 37 capacity during thai __- pleased to announce tna! .72 '7.3PT Tr-'-Do-Ti 33. they were Murrav Bullock has said the recent i ed the'hsDor of New York federal eericalrur-e minister Eugene Whelan for farmers OF THE MONTH" for De-' f- cember. 1972. Murray (Snpplied By Richardson Securities ol all the grain they can will not change the a oi' e-tperieace f f in the sales field in the G-'' 15 k1.' 2Si.57 tie government --W mobile industry. He f f customers io come ia iS.x 23.6rlNEW YORK <'X'- Q.JL" 'p" XE" expert his ad- Kzr.-, "c 15.5? AVERAGES if DIEGO. Calif. vnu TV-] v. ard lr r; 2Z7.ii .ii Peru arrested 13 V boats within its 200-m i 1 Ednioutou a spokesman for the American Tuna Boat Association szid here Wednesday. The CHEVROLET OLDSMOBILE OK SUPERMARKET CAR LOT escorted (o part to 328-1101 ulinut and buy Peruvian licences. EDMONTON vCP1 Ed- mtxr.on bjiinessmen heard a blunt warning Thursday that ii northerners do not receive the service they require from here, iti go elsewhere for be warned, urging Edmonton supply firm5 ID consider pro- ndins v-ork as subcontractors to northern-based firms. Mr. Bergasse also complain- ed that northern firms 'have Territories gm-emment. Northern residents could go io Vancouver, Winnipeg or Montreal for services if Ed- monton did not supply them, he Total hogs sold to 11 a.m. nes, total hogs sold Thursday mon.on 8.S46. average 39.SO. Total sows badly. sold 109. average 26.70. "Dai late from Ed-' or handled LOCAL FIRM REQUIRES AN EXPERIENCED DRAFTSMAN With Estimating Ability Pleasa Mnd complete resume to P.O. Box 1202, Lethbridge The statement was made at' difficult borrowing mon- a Focus North seminar in a than do finr.s in oiher pans speech by J A. Bergasse. assis-; Canada. ;ant director of industry and Too often, northerners were development the Northwest over when to job opportunities. Brian Beechim of the While- horse. Y.T.. chamber of com- merce, said Edmonton is on the host lar.d rouie to the Yukon via the Alaska Highway but rail route Siagiray, Alaska. He urged Edmonton to sup- port the northern pou'cv cdopt- ed by tlif Canadian Chamber take us for of fommerct1 calling for ol the Alaska Highway, devel- opments of better tourist facili- ties, support for education and (ratting of natives and provi- sion of a system of incentives and grants to encourage north- em development. The seminar, which con- dudes today, is sponsored by the provincial government, the Edmonton OiF.inber of Com- merce- the Albona-Nwthwcst Chamber of Jtines-Oils-Ke- fources and the city of Edmon- ton. NATIONAL REAL ESTATE SERVICE LTD. SUCCESS THRU SERVICE Wl TRADE HOMES SHOW HOME OPEN Saturday 2-9 p.m. Sunday 2-9 p.m. SURIANO HOMES 2081 19 Street North VIRGINIUO HOMES 2077-19 Street North Beef futures WINNIPEG tCTl Live beef futures closf Thursday. Jan M.75B; Msr 41.25A; May 41.00A. l1! rf cf Ve c psrion to go t !o obtain 520 the purchase of a new horns fro-, Canl-ccror. Certificcit to lill Seclfirbtr 1, FOR PRIVATE SHOWINGS CONTACT ANY ONE OF THE 15 BIOCK BROS, SALESMEN BY CAllING 32J-7356 also hovs new homes buil( bv: Walter Czarny Homes Ltd. Geo. Schlichter L po.l ;