Lethbridge Herald (Newspaper) - January 25, 1971, Lethbridge, Alberta
in mm ns .v 11\ami: Market lower in light1 trade TORONTO (CP) - The Toronto stock market was mixed to fractionally lower in light mid-morning trading today. On index, industrials dropped .17 to 178.50 and golds .65 to 164.03. Base metals gained .16 to 92.94 and western oils 1.36 to mis. Volume by 11 a.m. was 662,000 shares, compared with 591,000 at the same time Friday. Gains outnumbered losses 134 to 91 with 207 issues unchanged. Industrial mining led declining sectors. Noranda was down Vt to $31, Inter-City Gas % to $10%, Read-en Digest % to $7, Inco V* to $46, Demson % to $25% and Central-Del Rio V* to $12%. Crown Life rose IVi to $30, Home A H to $28'/�, United Funds Management % to $13, Northgate 10 cents to $9, Ranger % to $15%, Scurry-Rainbow V Royfund" 17.12V� United Ac 11.25 Universal Sav ... 34.00 VANCOUVER 34.25 Anuk 14.75 Arctic Mining 3.3711- Atlas Explor 3.50 Beth Copper 17.50 gprnlte Ridge Block Bros Brenda .M B.C. Sugar .09'/) B.C. Sugar Pfd .O6V2 Capt litter .02'/* Churchill Copper 5.10 5.61 4.74 5.21 .7.18 7.85 4.27 4.69 4.99 5.48 3.92 4,31 5.34 5.48 4.59 5.01 7.13 7.B3 .26 .12 .60 13.25 .10 4.60 7.50 17.00 15.62'/} 4.10 1.05 Agra Vag Atco Indue Aquatalne Brit Nlld Corp Cdn Brew A Cdn Hyd Carb Cdn Pae Inv CPR Pfd Crowsnest ind Cygnus A Cygnus B Cum Prop Gt Cdn OH Sda Gt Cdn Oil Sds Home Oil A Home Oil B Home and Pit Hud Bay Co Hud Bay on Hud Bay Oil Hugh Rus Pfd 7.75 1.75 M,37'A 5.37VS 30.75 1*.�7'A 27.37V, .00 33.00 5.25 5.7$ 15.25 4.40 100.00 27.17V* 25.25 2.15 15.3714 39.75 57.50 21.25 .40 Columbia Cellulose 5.75 .43 Coronation Credit 1.50 .34 Crestbrook For I ,10 Croyden Dolly Varden , Dynasty Fort Reliance Giant Mascot Grenlsle Raxdale PIPRLINB STOCKS Alfa Gas Tr L A 48.75 Alfa Gas T L Pfd 137.50 Inland Nat Gas 12.50 wan,,, N and C � dm �SW K�V '"dust 8ar'nM.troB PW 8T'" B Tr Cdn Pipe 34.12'A interior Brew Tr Cdn P Pfd 42.75 jTrlehn Tr Cdn P Pfd A �3.50 !,,rlenB Tr Cdn P war 11.00 Westcoest Tr 23.00 Western Pacific S.OO MUTUAL FUNOS AGF Special 2.47 _,,,,, All Cdn Com 7.30 7.98 Primer All Cdn Dlvld 8.31 0.16 Pyramid Al Cdn Vent 3.35 9,66 Silver Stand Amr Gr F 5.06 5.55 Texmont Cdn Invest F 4.41 4.14 Tro|an Col Mutual 5.96 6.54 Welferh Mines Cmnw Inter 12.06 13.22 Westcoast Res - Monday, January IB, W\ - THE IETHBRIDO! HERALD - 13 Manitoba Liberal party head warns of west discontent TORONTO (CP) - Western discontent, if ignored by the rest of Canada, could "become a source of disruption capable of severely damaging the Canadian union," I. H. Asper, Manitoba Liberal party loader, said today. Mr. Asper told the Canadian Club of Toronto the West faces special problems, most of them related to the fact "that the economic and political power of Canada . .. remains concentrated in Ontario and Quebec."' He said the West "no longer Livestock Kam I oops Copper Lornex Madrona New Cronln New Inmp Minn Okanaga* Hellcop Cmnw Lev Corp Invest IS l.� USSST Exp,or 7.J0 .22 .39 5.05 .57 4.00 10.25 .25 2.75 2.40 4.90 .09Vi .14 6.50 .35 .08 1.40 3.70 .18 .W/i 1.42 .68 .29 3.60 .14 .32 .48 Toronto mines, industrials Supplied by Richardson Securities of Canada O1:00 e.m. Quetet) MINIS Acme Advocate Asb. Akeltcho Area Mines Black Bay Brelorne Broultn Bethlehem Brunswick Cenada Tung. Cassiar Central Pat. Chlmo Conwest Cons. Rambler Coin Lake Cochenour Cralgmont Dickenson Mine Denlson Mines Deer Horn D'Eldona Dome Mines Donalda Discovery Mines East Meiarflc East Sullivan Falcon bridge Frobex First Marlflmes Giant Y.K. Gunner Headway n.U Holllnger Hud. Bay M-S Hydra Ex. Highland Ball Iron Bay Iso Joltet Quebec Kerr Addison Key Anacon Labrador Lake Shore Leltch J.07 .46 1.72 ,07 LAST BID OR SALE (11:00 a.m. Quotes! Opemlska .07V4 Oslsko n Patlno Pine Point Placer Dev. P.C. Exp..... ,Quebec Man miju Poyrock ,,-hp* Redlore "�j* Rio Algom j'S Roman Corp. oil?.* Si'vorflelds "�"'A Sherrltt Gordon "* Silver Miller jjj Steep Rock 'k Slseoe iiia i*k cord-']fA Texmont *' Upper Canada Western Mines Wright Har. Wlllroy Windfall Yellowknlfe Br. Zenmac INDUSTRIALS (11:00 a.m. Quotas) 1.70 1.30 25.75 .07 .85 51.50 .1BV4 1.02 1.15 3.30 139.00 .�V� 1.10 8.75 1.62 14.00 37.00 Langls Silver Median R,L. Matartle G.F. Martin McNeely Maybrun Mid n tyre Meta Mldrlm Intern Mogul New Athene' New Calumet New Imperial Noranda Northgate Abltlbl Alcan Algoma Steal Atco Ind Allan Sugar Bell Tel Brazil Trac B.C. Tel �,.T Burns 21.37'A B'C- Forest .20 B.C. Sugar 3.15 CAE Ind 3.50 Cdn Brew 1.63 Chemcell .21'/, Col Cellulose 10.00 Cal Power Coron Credit C.W.N. Gas Cdn Indust T.�. Canada S s Cdn Marconi 7� Cdn Vtckers Chrysler CPR Cominco Cons Bath Cons Gas Dlst Sea Dom Bridge Domtar Dom Textile Dom Stores . Dome Pate .33 35.50 3.00 1.58 .80 10.00 .15'A 135.00 .20 .28 13.25 .15 .25 1.40 31.12'A f.OO 9.85-.30 29.50 29.75 35.621/2 .88 . .20V4 1.25 .33 18.00 7.00 1.85 17.75 .07'A 2.82 1.70 5.90 .67 1.85 3.60 1.16 1.19 .15 4.65 .12VS 8.62'A 23.62'Zi 15.87VS 8.75 7.12V4 47.25 17.12V* 66.00 9.25 23.37'A 16.75 5.25 8.25 5.75 �.87'/i 27.50 1.55 11.50 11.62'A 30.50 3.40 8.00 25.75 70.00 33.37>A 12.00 20.00 S1.37VS 20.00 15.00 14.62'A 10.75 0.0D Dofasco Fam Play Fd of Amer Gt Cdn Oil Gen Motors Gt Lakes Pap Gulf oil Cda Greyhound Hawker Sid Huron, Erie Hiram Walk Imperial Oil Imperial Tob Int Nickel Int Pipe Inv Gp A Int Utilities Indust Accept Laurentlde Kelly Doug A Loeb Loblaw A Metro Stores Massey Farg McMillan Bios Moore Corp Molsons A Molsons B North, Cent Pembina Pp Power Corp Price Co Rothmans St Lay Corp Shell CDA Simpson's Simp Sears Steel of Can Selkirk A Texaco Traders Gp A Trans Mfn Pp Trans Can Pp Union Gas Union Oil Versatile Mtg Wesfeel Union Car Weston's B Woodward's A West Cdn Sd Zenith Elec BANKS Can Imperial Montreal Nova Scotia Royal Tor-Dom 24.00 11.37V4 52.00 4.55 81.00 20.75 20.75 14.37% 2.80 20.25 39.62% 19.87VS 17.25 46.00 27.25 8.25 37.75 17.B7V4 7.62V4 5.00 4.10 S.37Vi 33.75 12.50 27.25 34.75 16.25 16.00 15.37v1 24.50 5.75 9.00 14.75 19.00 34.12VS 18.00 23.50 21.50 11.25 29.12V4 10.75 21.12% 34.25 15.87V4 42.00 3.75 11.00 16.00 19.50 19.00 3.50 1.30 19.25 14.62V4 21.50 33.12V4 19.25 Calgary livestock CALGARY (CP) - Receipts bo 11 a.m. at the Calgary Public Livestock yards, 400 head, practically all replacement cattle and; stock calves. Slaughter cattle were scarce. Trade was active on all classes. Few slaughter steers on offer were choice quality, selling at steady to strong prices. There were no slaughter heifers on offer. Cows were medium and canner kinds, selling steady with last week's close. Bulls sold on a firm basis with sales to 25.80. Choice steers 32.50 to 32.80. Medium cows 19.25 to 20.50, earners and cutters 16 to 19. Good bulls 23 to 25.25. Replace ment cattle were comprised of stock heifers and stock and feeder cows, prices were steady for quality. Stock Firm formed CALGARY (CP) - Canadian Cities Services Ltd., a subtsid iary of Cities Services Co. of New York, has been formed to take over oil and gas operations previously conducted by three other companies. The new firm, based in Cal gary, replaces Canada-C 11 i e s Service Petroleum Corp., Cities Service - Athabasca Inc., and Cities Service-Canada Inc. New York stocks Supplied by Richardson. Securities of Canada Anaconda ....., Bth Steal Chrysler Comsat Dupont General Motors Cult Int Harvester 21.25 23.75 -,-..... ,. Stan M" Std Oil of 58.00 Texas Gulf 133.37% Texas Co 80.37% Woolworth Kenn Copper 37.75 TORONTO AVIRAOH Montgomery Ward 34.25 Volume 1,062,000 N.J. wiH^NEW VORK AVERAOBS 118.00 30 Indust 861.04 off .27 33.75 20 Rails 116.42 off .51 � JMll* " Utilities 126.34 off .61 30,67% U.S. Steal 33.87% Volume 1,900,000 Medical cream eliminates need for skin grafts WENATCHEE, Wash. (AP)-A medical cream developed to reduce the need for skin grafting or plastic surgery on severely burned victims is being tested at the Wenatchee Valley Clinic, one of 50 medical centres in the United States authorized to use the medication. "It appears the most effective treatment we have ever tried on burns," says Dr. A. J. Stojowski of the clinic. The clinic reported the cream eliminated the need for skin grafts or plastic surgery on a Washington man who suffered serious burns on 60 per cent of his body in an accident. He was released after two months of treatment. Ordinarily the man would have had to spend up to a year undergoing surgcly. Stojowski said the cream promotes better healing and reduces pain. "Patients with major burns prefer to have more cream applied rather than receive an anti-pain shot," he says. The cream contains silver nitrate and sulfadiazine, the first time both ingredients have been combined. It was developed at the Columbia Presbyterian Medical Centre in Ntew York by a scientist friend of Stojowski. Stojowski said tests will continue for several months to gather data on any possible side effects. POPULATION COUNT There are almost 26 persons per square mile in Peru. EXPERIENCED PLANT OPERATORS AND STEAM ENGINEERS Positions ore ovolloble ot our Waterloo Gas Processing Plant locoted near Plncher Creek, Alberta, level of Initial positions will be determined by past experience. Future advancement will be based on merit. Candidates should have a minimum of one year's experience In gas plant processing and be the holder of at least an Alberta 4th Class Steam Certificate. Interested applicants should write staling qualifications and experience to; SHELL CANADA LIMITED F.O. BOX 1088 PINCHEt CREEK, ALBERTA. ATTENTION! Office Supervisor WINS MUSIC PRIZE LONDON, Ont. (CP) - Tsu-yoshi Tsutsumi, a Japanese cell' ist teaching at the University of Western Ontario, has been named winner of the Torii Music Prize for making the greatest contribution in 1970 to the musical culture of Japan. The 27-year-oW musician will be presented the citation and $3,000 Feb. 17 at a public ceremony in Tokyo. calves sold steady. Good feeder heifers 29 to 30. Good stock and feeder cows 10 to 21. Good stock steer calves 38 to 40.75, good stock heifer calves 32 to 33.25. Hogs base price 20.80. Hog prices EDMONTON (CP) - Prices to 11 a.m. provided by the Alberta Hog Producers Market-in Board: Edmonton: Quoted 20.75 to 21, selling 20.75. Average Friday 21.73. Calgary: Quoted and selling 20.80. Average Friday 21.76. Red Deer: Quoted 20.75 to 21.10, selling 20.75. Average Friday 21.89. Lethbridge: No sales. Average Friday 21.37. Lloydrninster: No sales. Average Friday 21.10. Grande Prairie: No sales today or Friday. Total hogs sold to 11 a.m. 1, 006. Average 21.73. Total sows sold 4,996, average 12.74. Dividends By THE CANADIAN PRESS Kelly Douglas and Co. Ltd., class A, 6V* cents, March 1, record Feb. 5. P e 0 p 1 e's Credit Jewellers Ltd., common 10 cents; class A 10 cents; both Feb. 15, record Feb. 1. Simpsons Ltd., 10 cents, March 15, record Feb. 15. Bank of Montreal, 13 cents, March 1, record Jan. 29. Royal Trust Co., 25 cents, Feb. 10, record Jan. 26. Ford Motor Co. 60 cents U.S. March 1, record Jan. 28. Husky Oil Ltd., series A pfd., 75 cents, April 1, record March 5: series B pfd, 75 cents, March 31; record March 5. feels the need to be an economic colony of the East" but at the same time "is still an underdeveloped region." The West suffered from lack f population, incentives to stimulate growth and inability to finance socially-required gov eminent services. "There is also the conviction that the West has distinct opportunities for the future . . . but that we are denied our rightful destiny because Canada is not changing its economic structure to accommodate western emergence. "While the East worries about American domination, the West simply asserts that it will not accept a Canada governed predominantly from Toronto, Montreal and Ottawa. "Because of the impediments imposed upon us by the Canadian economic and federal structure, our growth rate between 1986 and 1970 was less than one-third of the national average. Because our population is so small, our cost of service by government is greater than that in Eastern Canada." Mr. Asper said the West in effect wants a "truly federal union" with proper regional recognition. "Simpl* bribes or officious tinkering with existing policies will not meet the needs of the new West." He said the West needs a new freight-rate structure to allow industrial development, new international free-trade zones for International market competition, more useful and selective federal regional development incentives, more imaginative tax reform, immigration policies to favor underdeveloped areas, and a new banking structure to ensure availability of capital for the West as well as the East. NOW TAKE A SENILE LAXATIVE From the makers of TUMS* Take gentle-actlnav Nt... Nature's Remedy! 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