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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - January 24, 1972, Lethbridge, Alberta January 24, THI IfTHMIDOf HKA10 If IIIIMMliKl! 1 A 1 Calgary, Montreal (Swlled by Mnty, McCnalf United) LAST BID OR BALE (lliO) i.m. Queni) i.m. annul i.m. Market advance TORONTO- (CP) After three declining sessions prices in most sectors of the Toronto stock market edged moderately higher in moderate mid-morning trading today. The industrial index was .43 to and golds .44 to 162.32. Base metals were unchanged at 85. SO and western oils dropped .37 to 230.98. Volume by 11 a.m. was shares, up from at the same time Friday. Advances and declines were about even, 112 to 111, with 197 issues unchanged. Beverage, communications, industrial mining, merchandising and pipeline stocks moved broadly higher. Steel, utility and trust and loan issues drifted fractionally lower. Robinson Little was up 5 to S69li, Slater, Walker to Shcrrltt to {14VJ, Numac to Simpsons to and Dominion Stores to Bank of Nova Scota rose to Canadian utilities Vz to and Seagrams U to Dominion Textile dropped to Mattagami Vt to Pan Ocean Ve to West-coast Transmission Vt to and Tara Vt to LIGHT TRADE MONTREAL (CP) Prices were mixed in light morning trading on the Montreal stock market today. On index, industrials rose .18 to 199.91, utilities .08 to 164.39 and the composite .12 to Ifle.fil. Banks slipped .21 to 250.07 and paners .16 to 83.21. Combined volume on the Montreal and Canadian stock exchanges to 11 a.m. was shares, compared with at the same time Friday. National Trust was up 1% to Island Telephone Co. Ltd. 1 to and Dominion Stores to Royal Trust slipped 3A to Pacific Petroleum to and Dominion Textiles to NEW YORK (AP) Stock prices slid lower today under profit-takLng which began in higher middle of last' week. Trade was moderately active. The noon Dow Jones average of 30 industrial stocks was ofj 4.52 at 902.29. Declines led advances by nearly 7 to 5 among issues traded on the New York Stock Exchange. The Associated Press 60-stock average was off 1.2 to 330.1 at HOOD. Noon prices included: Dome Mines and Distillers Seagrams each gained 3i to and ?35, respectively. Granby Mining was up at and Walker-Gooderham Vt at Mclntyre Porcupine fell 214 to On the American Stock Exchange, Brascan Ltd. dropped !4 to Lrthbridgo UvMtock AFTERNOON SALE Calgary livMtock CALGARY (CP) Receipts at the Calgary livestock market to 11 a.m., about 160 head; practically all cows. Trade active. A few slaughter steers were steady, conditions considered; no heifers were' offered; cows were mostly medium and can-ner lauds with all grades selling on a strong basis with good kinds to 24.30; with all grades selling on a strong basis with good kinds to 24.30; good to choice slaughter steers 33 to 34.60, medium 32 to 33. Good cows 23 to 24, medium 22 to 23, canners and cutters 1150 to 22. Replacement cattle were scarce with a few good short-keep steers weighing between 950 and pounds and selling at 535 a hundred. A few medium good stock calves were steady. Medium to good stock calves 35 to 39.25. Medium to good stock heifer calves 30 to 34. price OIL! Hud Bey Oil Pld i9.n Muluil Ac SM f.22 Alrnlmx Hugh missel Jl.SO Mutual Or f ISO 6.0! Alt! ElSt GH 5.U Husky Oil 17.00 Nat Rei 7.14 7.10 Allmtri Husky Oil B 42.M JJ -F1" J" Asniina 14.00 Husky on wir w Gr i.K tM IP OH Gn i.os intir Prov Plpi 15.00 Br 1'S J-H Cm South >.u inter Prw Sleil Sfjjn Er 590 ta Cdn Ex Gis 3.B Kllstr Res 4.30 J'mp e' Cdn Homeifd lii MOF 3.00 [iSRirai t.u Cdn Homt Pfd 17.JS Pacific 31.00 Slv Cdn Ind Gas Oil lO.OO Rainier 3.P7'A VANCOUVER Cdn Lwift Is .65 Teledyne 5.00 MINES Cdn Super West Cdn seed 4.40 Anuk 3, Charter 3.00 White Yukon 13.55 Mining .14 Chleltin 1.90 CALOARY Alias Explor .41 Doml Pell 32.6114 Acrol .55 Bath Norst 1.23 Gt Plains 31.00 Barora oil Brtnda 5.2S Gt Cdn Oil 5.05 Madison .15 Churchll Copper .92 Lochlel 1.73 North Cwit Croyden .16 North Cdn Oil 5.55 Wnl Warne- .45 Dankoe .60 Numac 15.25 PIPELINE STOCKS Dolly Virden .35 Pin Cdn Pill 16.00 Alta Gas Tr L A 53.25 Dynasty 7.10 Pan Ocean 14.15 Alta Gas Tr L Ptd 71.50 Fort Reliance .42 Petrol 1.40 Alii Nat Gas 21.00 Slant Mascot 5.0: PlnnacK .52 Inland Nat Gai 13.75 Granlsle 1.10 Place Gas 1.10 N and C Gas 1S.12V4 Kamloop.1 Copper .09 ponder 72 N and C B Ptd 31.75 Lornex B.AO Ranger 15J714 Pacllc Gas Tr 13.25 Lytlon Mineral! 1.56 Scurry Ram 16.25 Gai Melro 6.50 Primer .10 Snooner 118 6ai Metro PH A lot.50 Pyramid .35 cSSS ?25 Tr cdn p M-'M Sllver I-" I! yS Tr Cdn f Pld B 41.00 Texmont .54 Uutir 17? Tr Cdn P Pld A 73.37Vi Trolan .32 Wail Dicalla 710 Tr P ValleV 8-SO E pit? 1075 Trans 27.50 WC Res .01 West Pet, 10.75 waf INDUSTRIALS MISCELLANEOUS MUTUAL FUNDS Block Bros 3.40 INDUSTRIES All Cdn Com 8.52 9.31 B.C. Sugar 20.00 All Cdn Dlvld 9-51 10.39 B.C. Sugar Pld 15.75 Aqualalni 15.25 cfl v 379 t ,3 Capl j.uy, Brlnco 5.1711 6r F 6.49 7.13 CrMtbrook F Ind 4.00 Cdn Brew A 32.M Jg'f H, 3 ,j B 3.65 Cdn Brew B 37.75 gfr 5a Key .35 Cdn Pac Inv 24.75 Mulua, 4.4, Hys 375 CrowsnKI Ind 27.00 Cmrm mler 13.93 15.31 interior Brew 4.00 Cygnus A 6.75 cmnw Lev 3.62 3.9B Inter Manner .67 cygnus B Corp 5.B6 6.41 okanagan Hellcop 7.00 Falcon Coppir 9.80 Corn n St F 5.04 5.51 Paclllc W Air 14.00 Gcnslar Drcyfu! F U.S. 12.57 13.71 Slampede Intl Res .93 Home A 33.121ft Gr In Share: 3. BO 4.11 OILS Home B 33.00 Gr Equity 6.89 7.57 Albany Oil! .48 Hud Bay Co 200.0 Invest Gr F 11.83 12.94 Plains Pete .31 Hud Oil Invest Mutual 5.74 6.27 West Explor .12 Toronto mines, industrials (Snpplied By Richirdsou Secnrilies of Canidi) LAST BID OR SALE e.m. Quotas) I.m. duolesl a.m. Quotes) MINEI Osllko Dolasco 25.00 Acme .23 Plna Point 28.75 CAB 16.50 Advocate Asb. 1.96 Plicer 55.75 Fd ot Amer 72.00 Akailcho 45 Ouibec Man .11 Cl Cdn Oil 5.05 Brelorne !.3S Rayrock 1.33 Gen Molors 83.37'A Broulan .24V4 Ridlora .26 Gt Lakes Pap 1750 Belhlehtm 1B.62'A Rio Alsom 16.37Vj Gull Oil Cda 2t 00 Brunswick 2.72 Roman Corp. 7.20 Greyhound 16.00 Canada Tung. 1.70 Sherrltl Gordon 14.25 Hawker sm 2.75 Casslar 19.25 Silver Miller .06 Huron, Erie 28.50 Central Pat. 1.1! Steep Rock 5.45 Hiram Walk 4S.87'A Chimo 1.2S Tek Corp. 5.35 Imperial Oil 33.50 Conwesl 1.55 Texmont -55 Imasca 21.75 -Cons. Rambler 1.73 Upper Canada 1.76 Inl Nickel 34.25 Coin Lake .20 Weslern Mines 3.00 Int Pipe 21.37A Cochenour .30'A Wright Hargreavej 1.20 Inv GP A 8.87'A Cralgmont 1.30 Wlllroy .80 Int U es 45.00 Dlckenion Mines 1.15 Windfall .'0 Indust Accept 21.50 Denlson Mines 29.00 Yellowknite Bear 4.75 Leurenhde ]2.e7iA Deer Horn .03 Zenmac -07 Kelly Doug A 6.50 D'Eldona .51 INDUSTRIALS Loeb 3.75 Dome Mines Ablllbl 7.62V, Loblaw A 6.6214 Donalda .07 Alcan 18.37'A Molro Slores 17.00 Discovery Mines .7! Algoma Sleel Massey Ferg 1362IA East Mllarllc 1.36 Alco InrJ 11-37'A McMillan BIM 25.50 East Sullivan 3.25 Allan Sugar 7.00 Moore Corp Falconbrldne 15.00 Agre Indust 9.62'A Molsons A 21 12'A Frobex -'2 Bell Tel Molsons B 21.00 First Maritime! .60 Brazil Trie North, Cent 15.00 Giant Y.K. 7.10 B.C. Te 66.00 Power Corp 6.50 Bovis 2.00 Burns 14.00 Price Co 7.50 Grinduc 5.00 B.C. Forest Rolhmans H.25 Headwiy RL.. 7.00 B.C. Sugar 19.25 SI Law Corp 20.50 Holllnger Bow Valley 30.12V4 Shell CDA 37.25 HudsoS Bay M-S 21.50 CAE Ind 5.25. Simpson's 23.50 Hydra Ex. .20 cdn Brew 7.e2'A simp Sears 31.00 Iron Bay 3.35 Chemce I 5.50 Sleel ol Can 27.00 1.42 Col Cel ulose 3.20 Selkirk A 19.00 Joliet Quetec -22 Cll Power 2B.2S Texaco 41.00 Kerr Addlson 130 Coron Credll 1.50 Traders Gp A 17.4214 Key Anacon -22 C.W.N. Gas 12.12V4 Trans Mtn Pp 23.25 Labrldor 39.50 Cdn Indust 15.00 Tran: Can Pp 39.50 Liiki Shore. 2 60 Canda S S 40.00 Union Car 15.75 HSl. snler Cdn Mirconl 2.95 Union Oil 47.00 Midsen R.L. .70 can Vlckers Versllle Mlg 4.75 Mllarllc 6.F. Chrysler 30.37B Wesleel 5.00 Martin MCNeelr .07 CPR Union Car 157.5 toe ntyre Comlnco 25.75 weslons B 18.25 MittM 17 Cons Bath B.75 Woodward's A 26.00 Mldrlrn Gas 19.S7V4 West Cdn Sd 4JO "IS, Mogul 10.25 C W N Oas 22.75 Zenilh Elec 3.05 New West Home f.25 Dlst Sea 32 so BANKS Sc.r.1 Star8' Selv, can imperial is ss ffiE as srsu as Nortngt.il 6.25 Dom Slores 16.25 Royal 30.W14 Norlex .24 Dome Pete 32.12V4 Tor Dom 32.50 New York stocks (Supplied By Richardson Securities of Cintdi) Amr T and T 45 6214 Sears 98.75 20 Golds 162.BO up .92 Anaconda 1650 ltd Oil a N.J. 10 Base Met 85.31 oil Kill Steel 29.OT, Texas Gull 116.B7V: 15 W Oils 219.76 oil 1.59 Chrysler Texas Co 35.50 Volume 000 SSS S NEW YORK AVERAGES GM M.1214 Westlnghouse Eltc 44.37W 30 Indust 902.92 oil 4.52 Gull 26.87'A U.S. Steel 3I-62VS 20 Rails 549.45 oil 2.26 Int Harvester 30.M TftBrtliTrt 15 utilities 117.97 olt .06 Kenn Cooper 24B7MiTORO" AVERAGES slocks 314.76 oil 1.75 Montgomery Ward 21.25 20 Indust 194.3B oil Volume Oil to build north island CALGARY (CP) Imperial Oil Ltd. says it Is planning to build a man-made island six miles off the mouth of the Mackenzie River in about eight feet of water. The project would be part of the company's long-range ice testing and operating program. An Imperial spokesman said :he dredge for building the island is to be constructed by Northern Construction C o m-pany of Vancouver with the nmponents to be assembled at Hay River, N.W.T., in July. The unit would then be moved downstream on the Mackenzie River with the formation of the island to start in August. The project, cost of which was not revealed, would provide a working area about 300 :eet in diameter on the growers want no price prop EDMONTON (CP) Members of the Western Hog Growers Association voted here against "any type of price subsidy." The 100 delegates to the association's annual meeting agreed they would prefer to take their own chances on the market with efficient operation and without too much government control or assistance. Bnice Jeffery, manager of the Alberta Hog Producers Marketing Board, told the delegates that Canada's pork business has been traditionally to a domestic market and the biggest avenue of increase would have to be in export. To accomplish this, Dr. Jeffery said, would require a continuity of supply, a competitive price and a tailoring of the product to the overseas market. Delegates approved a resolution urging the association to offer token assistance to a research program to determine the amount of water pollution caused by spreading liquid pig manure on farm IS VIOLET New Brunswick's floral emblem is the purple ELECTRICIAN Qualified electrician experienced in fractional horsepower motors required in immediole future for electrical repair and service of industrial equipment in-.eluding light duty mechanical repairs. Preference will be given to older active individuals now temi-relired or considering a more diversified light duty but challenging work opportunity. This is a permanent position for the right parly. Please) reply in writing giving qualifications and experience to: BOX 32, LETHBRIDGE HERALD All replies confidential. All replies will be acknowledged. Interviews will be arranged with L ELROSE Toronto Dominion Bank announces the appointment of Kenneth L. Elrose as Manager of 612 4th Ave. Branch, Lethbridge In succession to Doug-as J. Tyson who has retired from the KILLED 17 WASHrNGTON (AP) EAT EVIDENCE MELBOURNE, Australia (Reuler) Local officials in Mildura, north of Melbourne, have dropped plans to prosecute a baiter for selling underweight meat pies. Town hall mice ate three pies collected as evidence. SOUTHWEST AUCTION SERVICES REGULAR EVENING AUCTION AT THE AUCTION BARN 2508 2nd AVE. N. TUESDAY, JAN. 25th 7 P.M. SHARP TERMS CASH NO RESERVES 40 piece Ridge way of England Iron it one Dinnerware set, two bundlei bicycle fenders, three iheets of H utility grade veneer, new toy box, three dozen 2x4's from 6 ft. to 8 ft. lengths, B lino hall runners, 3 arboriie cutting boards, stainless ileel counter top range and wall oven, ice grinder, carpenter fool box, old were injured in bombings during the year ended June 20, 1971, says a report issued by a private organization The Bomb Data Centre of the International Association o f Chiefs of Police said Thursday racial protest was the most frequent motive in the bombings reported during the period which caused an estimated million in property ANTWHEK. ANYTIME deals for homeowners at Associates If you're buying your house, you're eligible for i. special Homeowner Loan at Associates any time you need cash. That means we may be able to give you a better deal. Lower rates or longer terms or even both. The amount you can borrow is limited only by the equity you have in your home. maybe or more. So if you have high-interest debts outstanding, or if you need cash fora second car, a boat, or any other good reason, talk to Associates about a low-interest Homeowner Loan. Sec how much better off you'll be -long-term. A 1014 Third Avenue South 327-5711 ASSOCIATES MORTGAGE CREDIT COMFORTABLE AIR CHARTER SERVICE Uie our comrenierrt, write-your-' own-ichedule air charter icrvice ..for routine buaineu or pleaa- 1970 Viking Deep F re tie 23 cu. ft. excellcnT condition and iMIl under Two pargiols (one wrapped in front page of 1929 edition of the London Daily Mirror) Sc'iool desks, chesterfield and chain, fireplace, arborite, hand meal saw ivith blades, studio lounge, Winnipeg couch, good tire and rim to fit Model beautiful hand crocheted bed spread, counter floor tllei, vacuum cleaners, deep freeze (needi range, 39" box spring, paiio table and chairs, guitar, fine lopes try, good selection of gas and electric, ranges, imporled hand carved lea tobies, old fashioned wood appointed chesterfield and chair( ideal for and m-ony oo numerous o m n i WE URGE YOU TO SUPPORT THE AUCTIONEERS' CHARITY AUCTION, TUESDAY, FEBRUARY lit at the Exhibition building. In this connection art pltajed to announce that our regular Tuesday n'gnt tale for tht will held on the following night. Wednesday, February direct airline connections. Modern, quiet, com-forttbl- Piper single or twin-engine. .flown by expert piloti. Quite often the time and et- 1 penscs you save mcin rent man- 1 cy too. Next out-of- II town trip let ui take you in your 1 Do you have mecrhondiie to We a free pick-up service, and in order for your items to appear In this ad we would appreciate being advised the Friday prior to our weekly sale. Join us each and every Tuesday evening end have the opportunity of laklnp home our door prize, a bucket of the very fine Chubby Chicken from the A W Drive. Ins. FOR FURTHER INFORMATION CONTACT AUCTION BARN Phoni 327-1222 2501 2nd Av.. N. AUCTIONEERS GORDON SHERWOOD BILL HOPE No. No. a trip or for more de- 1 taili juit phone: II LETHBRIDGE AIR SERVICE LTD. f.O, Boi ISO Hangtr No. 7 II Kmyan Fiild, II 117.1S41 II Economic council building industry By IRVING C. not only our Industry but "failed utterly to Canadian Preis ButiocBS at the chaoi that such Stewart, president would generate if HALIFAX (CP) The Economic Council of Canada Contracting Ltd. of Halifax, told the convention an industry already faced b work interruptions a full-scale study into construction p r inter-craft in the construction industry. The aim is to find some way are a basic problem in :he path of more stable and other problems real and ironing out the cyclical swings that plague the business. President Robert Stewart of the Canadian Construction Association made the announcement at the association's annual meeting today. He welcomed the study as something the Industry has been advocating relations. "Lack of employment security itself has been a major ar-jument for some of the _ex-rcmely high settlements recorded in recent years." The economic council's study will be into the causes, effects and remedies of cyclical fact that the great ma jority of labor i our industry are entered into o a group basis, whereas a teci nological change could be iutr< duced by an individual firm would miie Uie administraUo of the provision as it now stand particularly years. "Construction is not growing at a fteady and healthy rate in Canada's ?l5-bilh'on-a-year construction lead to a complet change in our collective Mr. Stewart said. ABOUT construction growths are h i s Siewart estimated Mr. Stewart said there in the industry at billion, an Grain new major pieces of federal about 12 per cent over 197 and predicted a growth of proposed competition or six per cent this WinnipGCj impractical features which would add to WINNIPEG (CP) and reduce the in nearly all commodities in light trading at mid-session on the Winnipeg Grain impracticable was la WV By Gene Fawcette change in the proposed federal labor code which TO hWE NEWSWERS, Some rapeseed futures introduction of AND OTHER PRIMED off as much as three cents changes grounds for READ ID TOU Hft- last week's exporter collective labor WISH? ASCIENTlSr dried up. Flax was two U.OF CONNECTICUT IS Tnuuflp in liffhf ONJUSTSOCHA READ' commission house COMPUTER WHICH WILL Rye was fractionally lower and the feed grains A PRINTED PAGE, 'LOOK WJRDS IN ITS MEMORY steady in an extremely AND READ THEM OFF... trade. Volume of trade Friday __________ sisted of bushels of (CP) Loans _- of rye, of for 11 land tliirC couver rapeseed and projects in the tV i Thunder Bay were Mid-session by Central Mortgage Flax: May 1% lower 4riliK IIL July lower 2.57A; Oct. made to the lower Corp., are: Rapeseed Vancouver: acres in Redwater; fAOMMf lower March 130 acres in Grande lower 2.48HB; June VA for 25 acres in TKAIWMa fOKMUCH Sep. Hi lower 2.47VJA. RcipssGcd Thunder Bsy; for 33 lots in High 2% lower 2.36; July 214 2.37; Oct. Vt lower Oats: May unchanged July and Oct. not open. Barley: May July and Oct. (Western) Lid. has an opening for o Rye: May lower 1.03; in Iheir welding ond melal fabricating shop. ?i lower have supervisory capabilities and be able himself with a minimum of supervision. He Hog worked in metal fabrication and should be a journeyman welder or have several years related EDMONTON (CP) The reading of blueprints ond the do material take-offs are a age prices to 11 a.m. by the Alberta Hog Producers Marketing written resume with salary expected Edmonton: 27.10. Average Friday, (Western) Red Deer: 27.15. Crowchild Trail Friday, 10, Calgary: 27.20. Friday, Perionne Lethbridge: No sales. Average Friday, v, 1 Lloydminster: No sales. erage FnJay, Total hogs sold to 11 Friday 1 average v t Xi 'Wt5'i Lm J jj Sows average For Those January Home Improvements See Our CERAMIC TILE Color Co-ordinated With All Colored Bathroom Fixtures We a full selection EASY TO INSTAll LAST A LIFETIME h'le priced NO WASTE BEAUTIFUL EASY TO CLEAN COMPLETE COLOR RANGE sq. WE ALSO STOCK A COMPLETE LINE OF ACCESSORIES AS WELL AS ADHESIVE and INSTALLATION TOOLS CHARGI or Use Your Crestline Budget Plan Now Down Payment CRESTLINE BUILDERS MARKET LTD. 'LETHBRIDGE'S INDEPENDENT BUILDING SUPPLY HEADQUARTERS" 123 30th St. N. Phone 327-5444 or ;