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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - January 26, 1973, Lethbridge, Alberta S2 THE IETHBRIDGE HESAID Friday. January 56, quotations Qovfs to disCUSS Vancouver, Calgary, Montreal (Supplied bv Dohertv. .McCnaig Limited) LAST BID OK SALE l.m. Quotes) a.m. Cucies. m. Ouolesl lv Lf l5 1'O WESTERN OILS Car, P A P'd -VSO C.-l W.-lual 7.10 7 1C AND MINES Cdn P B Pld J1.2J nler 15.81 IMS Easi GSS c.-n.-.v J.M j> OTTWA (CP) A major about 12 per cent annually price index advances OTTAWA (CP) The gen- cent higher than the December, TSE industrial index li.K v.c Tram u-> Ccro In.est 6.39 Aa-'jna 0 1-0 S MISC. INDUSTRIALS Coro In S: F 5.50 6.CJ BP c-n LW F U.S. 12.77 C-rea: Psdfi.- 5 .v Cc-i e B SL'gir 15 50 Gr In Snares -1.38 Exw'rt C-8! J SI SlocK ares 3.15 C- Equity 1C :--c-n '-5 a-.nco Invest Gr F 13. CO 1J l-id' 5 0 c "J Brew A Pfd 29. i.-vest 6.11 c CJn Lax: W B n :J Vjrinl Ac 6.35 e.-i 55 -5 Cdn :.-.75 C-r F 1.38 J i: V.Fi OgnCs A 7.75 V.' Gr 5.7.: S.'o Cvgnus 3 775 PrlnciKi] Gr i.13 5 to homc-ow-nership-high recent years. will get special gov- Mr. Basford told the housing T-ment aitention in the next conference that between 1961 ou- months. anr 1971 land costs rose 88 per Federal and provincial hous- cent compared to a 33-per-cent r.e officials already are talking increase in the consumer price t -out ways of preparing a "co- index and a 46-per-cent rise in irrent strategy for urban land the construction cost index. -velopment" requested by AFFECTED their ministers at the housing more rapid rate o[ lmd coherence earlier this woek. increases affects the hous-Tlie plan they out wJl e Mr Basford said K- discussed at the next fed- people arc able to -municipal con- home ownersnip_ more row in Mneraber. and apartmrats are The discussions are likely o g ecommiie on land .ran frorn lederal proposals to -f floor are v-oaden land assembly prow si ens and create a new commu- affair, minister pities prop-am to reduce land that in their dis-CO--IS and improve land use. M November Ey next November th.ev may con. some e-coenence with the size distribution of and assembly proposals as j d thev are to be included in lees- f bt-.on amendmg the NattaW Act. Lrban Affairs goals "for public land Ron Basiord has said of fed-t-e lesislation is high on the vincla] atld municipal coveranent s priorities. aimed a[ keeDing lajld MORE MOVEY OFFERED prices in line and the impact of _, government taxes; on the cost of Tne land assembly and ner J- d communities plan would cost 1 punxse of land banking. 5100 million about three times or !and is to buv land than now is spent on land in mil advance rjf velooment so thst prices are nft severs! pro-.-jices at tne boosted. It also homing conference were criti- Ianrdn2. .-a. o; tne amount budgeted. Mr. f riysTLY e to use existing land costs an-d Li- protons in the _.ret the Ucnai Housing _ Act because of ices, such as trunk sewers and -ncunt to from wholesale price index 1971, level o! 295.5. edged up again in December, The vegetable products group with vegetable products leading index rose 5.1 per cent in De-the, way, Statistics Canada re- cember, reaching 280.7 comported Thursday. pared with 267.0 in November. The index, based on average It reflected higher prices for prices from 1935 to 1939 equal- grains, sugar and sugar prod-liog 100, was 327.9 in December, ucts, bakery products, fresh up 1.7 per cent from the No- fruits, vegetable oils and rubber vember level of 322.4 and 11 per and rubber products, tire stalls- GwSTBr 1775 Ar 5.71 o C--S3-' PI3 -5 O'l A 75 U-.versal SJY v.'-'J-a 5 _ K.-J B fa "J.50 WNt'ouVER -3- D "'5 MINES Oil E 7.75 7, irtsr'-rcv '.V! 13 C-is .'J p 5 p Ba-i Si.vse C'i 3050 'i 1" PIPELINE STOCKS PrK "moUSTRIALS A-a Gas T.- L A "7" 1.57 caot 3.30 -5 i" 1375 u.s Cdn '.37 G--S "-5 MUTUAL FUND5 Kev Inc.-s' .Jl s-d c-5> i" s.j- _ was a 1.7-per-cent advance, to j92.2 from 385.8, in "ie animal products group, fleeting higher prices for live-! stock and fresh meat, fish prod-. 7 j ucts and eggs. Oil non-ferrous metals index win- moved to 2723 from the ii crease of 1.3 per cent coming mainly from higher copper and tfi I 11110 silver prices. iu were Ies3er for wood products, because of Saskatoon (CP) Agra In- higher fir, cedar and hemlock dustries Ltd. Thursday announ- 1 prices, for iron products, be-ced a S3 million sale of crude i cause of higher rolling mill rapeseed oil to Chile. prices and higher wire prices, Van Miller of Toronto, vicei- the chemical index be-president of Asra's foods group. C211-5e ot prices for fer-saJd Lie transactioa represent; titer materials and some paint a major breakthrough in put- materials. TORONTO CF' Frioes on corr.rx-o-e to mdusiri-he Toronio -..ere als v -1U.S ar.d papers .-0 in ;o utilises dropped _7a cradir.2 i.v.-y. one losses suffered over Or. MLVS Ex-ast rwo sessions. Hudson's Esy Oil .-.-e.; .-irorwd to SJ-. Denjon 10 a -W-V ?Vwer 1 to S3: iet wir'dowV. bnrfse gained lV Or. :he Canadian Ex-aid Volume by 11 W shares conr-srixi f37.- ri.u OFF XT) traded by :-e si-e XEV." YORK The rhursday. stock market seemed to be sector? c? heading tor a fifth consecutive recordins were oil o; c-Jc' iccay ar.d the HIE. rtwll-e a-d :ixc Dow averse e" sn ir.dus-DroCTSsL-.r bever- -.rial srocks was l-ovc-rbg real estate the level pac-cr ar.d torest issues The r.con DO-.V -.vas off 5.79 to trere lower. Today was the firs: time Peciires ad- it rise fallen belo" since it cje: -erieired barrier last Novem-A lores Wires rcse :o 54'- 1, ?er to On "re dropped fccus-irs to a: 533 while Gooder-Sh'el! Canada S-'S'i ar.d Distillers Sesjrsrr.5 and Scores -'ell to ally. A! car.. Canadian Pacific. Sru'ham to IV'ttte Mires, Hudson Ba1-" Mir-5ii-r. -f i ar.d cents to "o.'X1. C-rottp to Arrer'car., Car.aciari B 4 cer.ts to v ce-ts. >'-.-c-'-t. ar.d p F 5.3v ;.S1 ,'.es! Toronto mines, industrials (Supplied BV Secnrities of Canada) BID OR S.VLE a.n. C'.c'Si) -SvcJasi (T-M a.m. WINES C- 1! rl' ic-- c--- "rs.. E-s rrr. :.-3 p.C. C--.'1 C. Cza jf.K :-j "I.v T 15 Vr-rr s--r i-- Canada into the "Aurla vegetable oil market on a large scale. f 1 Agra and other rapeseed pro- ViOell 111111C cessors have exported crude rapeseed oil before, but never in such a larse volume. -lllclV C10S6 Mr. Miller said the sale, in two orders, will fill a small ship. The cash payment was nilPratlOllS negotiated in Canadian rather then American currency. r He said the sale will allow CA.NMORE -Can more crushine plant Mmc-i; Ltd- have close to" mainian full employment. operaiiors Japanese coal DLLrchnsers to s OD c. areas to undeveloped land. i-Lving coal, executive uVl "lali '.I' Central Mortgage ar.d a-esident C. W. Gregory said p ,.L_ o. .ana rnrr, ha5 HEAVT TRADE Gold flltl.ireS MONTREA-L AJI except stiiies d C? Gc'.d r> tacL-.g or ;he US furc; per stock arke: t.viay. '.V r. r e e Etc-Combinec vol'arre or. the M't-r.- TT'-'ursday. real ar.d Cazadtar. 5tcck ex- Ja.-. Apr 73 changes a: LI a r.. .r.y 57 Oc' Ehsre. corr-parre 7: Jar. 74 59 55B. at the e trrr.e 's volume- F..e Eank5 rise 1 to y-. '.-.P -es :o INDUSTRIAL; for services on the site of Neeotiations are continuing !ar.d assembly but not for F with" the Japanese "but the JLolULK. lhoss Lhe But J11- do not look all that Basiord said last September v at :his time." the covemment plans to has a 10-vear K Ml 1 K 1 tlkc to deaj cont-act. exrLing in 197S. which J.S.-L1.1. rr-unicraal sewage disposal E' torj i prorieras by !ste 1973 or ear y OH 11 UUn- fi UUil 0; coking coal to be shipped to Calgary livestock Jar'En this vear. However, some ctues have Mr C-recor.- said Lhe onlv C.A1GARY 'CP Receirs the MOXTRE.U. Tne new cave :o 11 an. a! the Cakary Pib- sio-s. Saskatoon, for example, chairman of the Canadian the s'-n-.v 7 '50 he? d used 'ard gated through Paper Associauon u_e[ tiwv had S-Ci' Cr-: it- '.i.? i-- 5-: i -5: r i -r '.--j-'-ia IE C: r- e-; c. 3.73 5-; -.cfrr v- s s." i Grain price VONMPEG 95--B-trices 2" '-e 4 1 "A: li.TJ: L-. irJsher 1 77. -ng a' cr, n-_.. ,V i n T i D e r Co HT- i ..Lirs.iti iz other Low Flas more active, ar.a re re generally Oats ind rye were up slightly ar.d 71' -as nixed Thursday's voltirne of trade i-as 363.WO biusheU of i.- ancouver IiS.000 of rareseed ar.d .'r" Say j 1C j: r1 C 5 If 5 :i 'J 17 fr :f T r 'f.i: "r" jj1; "BASKS 3 of. r New York stocks (SnppUed By Richardson Securities of cat- :ax defaul: in tN; issns or ac- '.-riustrj- should be operatm.c at _uch t'e ard stock calves. Trade was ctired in the to control :uU steam this year as it mskes ur-jon was .--o-; arc active ir-d cost; and planning. a "slow but sure irjornied Tnursdav o! a possible were in short Several provinces indicated at from the hard times 01 the v.-hich vould leave supply, steady for oual- the housir.2 corj'erence that w without jobs. Quotations are i.-.ursdav's ;--ev Lvc-d "to assemble land on Robert G. Rogers. production ot a much larger scale than in the chie5 executive otficer c: a-rm-iiv is A! iLtd 3 T: to 40 Cron-n Canaaa l.'.d. ed U5 to even A: >i to 39.75. A o-.iaho ara Manitoba, for ex- Vancouver, said the industry pa- contracts 2.-.C ,v to "7 ?o. A 3 35 to jmpio that the SIM mil- is now ricong the crest of a gen- _rc j.0.ored js extremelv un-Cov.-s D 1 2 25 35 to 2..D3 ijon budeeted for land assembly era! economic upturn across Lhe that -o 25. D 4 20.50 to Good j-j land for entirelv country. "this torjiaee vJl be forth-buLs 29 to 32. ne.A. was not Mr. Rogers, elected chairman Cotnirg cattle were most- re_riv of the association at its annual coai (rorrl (he mine. !y steers weigmr.g 576 to 750 Columbia said it meeting today, said in an inter- v-es; of cajajv ,n the Rockv twur.cs. selmg a' strong onces. wou-d te on view. that the in- Mountains, is sold in earem Calves v.-ere max-y in tne _. pro- dustry rail faces a number o: Canada but Mr. Gregorv said to 5H po_jrd range, set law. problems. this alone would not be mg at to Strong _ "Wni'p arrl nro- of rye. iCd-session prices- Flas: 10 hirrer J.71--E; 3l6 Jalv 10 hidter 4.51-B: Oct. 10 Xov 3" hieher Nov. 10 Rapeswd Thunder Bay 4.11B. May Vancoir.'er: Jar. 10 J-l" 349- 1 niaher 4.01B: March 10 hisher Oc: All c.ass repiacements me: a keen demand. Good :eecer steers 575 to 750 T pounds 42 to K. sales to 52.50. :or 33 to 43. 1' C- f C I 1 C-Gc-xi feecer 35 to 39.75. sales to 40 30. stock and feeder cows 2.1 to 23. Good _ .-x i fl rip-rHv 17E "3 NEW YORK AVERAGES C-'.1 7i V EEC K '-C--S- 5" TORONTO" "AVERAGES foe's 3 -i j ward :n. r- if are less than fully recovered ar.d our T1 r r could still be much Heel lUllireS Tr.e industry is looking ;or '.he go-. erTimeci to "reraove some WINMPEG Live beef c: ;he corstraicts and road- futures close Thursday, blocks to make us compediive Mar '.5B: May on ihe world market.'' B: Jly W.MN: Sep 40.00 "We should aiD make s-jre X. that we don't make the same Wednesday's volume: Seven mistakes we mace a few years contracts. 4. COB: J-jrte ID hisher 3.93B; 335-; Sen. 10 hisher 3.36fl: Nov. lo hieher 3.66B. May 115-, Rapeseed Thurder Bav: Mav 10 July 10 high- Oc: 110 C of C watching inflationary trend MONTREAL fCPl The Ca- ''The federal radian Cna.T.ber of Commerce should ccr-suit and it ivtnr.2 a -.vaccn --vei; ui advance .jrs approval pounds 5fl to 54. stock heifer calves 4fln j to 550 DO'-.ds "3 to 43.50. SCO T 1 fV ;r 3.59-jB: Oct. 10 Barlev Nov. 10 hisher May !5i'-3 153 Oats. May higher J'.y 156H 1.18LiA: Julv hisher Oc: Oct. m higher 1.11--3. Rye Barley. May hijher -May isd 190 1.534: Jalv o-.ver 1.5cA: Oct J> 179 170 H higher 1.56A. Oc: :7rs 400 pour-ds 40 to 43. Ill t; Ctt Hogs i.o.b. Calgary Lo 11 i C' a.m. average -.1.13. OTTAWA (CPi Senator as a whole turns down we wca't be hii as prefBrred Finance "We lived a a fools' wor'd for years prior to 1959. Earn- Corporation Ltd. ings were high but a large per- M160 ccncage of our profiis were ce- 345 Ave iw., Colgary from the rs'.e with tr.e I 5. Tre i-zr'-ie- e thur Laing urged the government Thursday to give price? approval1 to appli-" cations for a pipeline to carry oil ar.d ga- frcm the North CHAMPLIN PETROLEUM COMPANY REQUIRES A BATTERY OPERATOR The successful pumping serv-ces rr-c'-ly in Crnym Vci ey c.-ec. Minimum one yecr experisrce. This position offers full company hsnefifs plus ar. attractive sclary. from 400, 639 5lh Ave. S.W., Calgary from 400, 639 SthAve. S.W., Calgary Alberta T2P OM9 or phone tier.Ci n the proij-.ces :j. fce :rnr but --prices m- -Jon of thi! p'.ir.." es no-t the sn- Prices and incomes 5 to right inT.arjcn ar this would also reaujre a ' time.' he said. C. H. ScoiTield. ger.era! mar.- "Tne chamber is r.ore.u! that o: ihe chamwr. said the it inav :o B-.CES to i; a.m. oro-.-ided.sout.-sm mar.-tets. plug was ?u-lre L-. :970 e, -0 ot-. the Hog Producers Liberal cabire'. the Canactan minister, appointee last August iloated.'' a 5 7uCm o- t.p'asa Columbia senator. But he added ihst the key to 'a e'2S saidin his first Upper-Chamber cD-bued imorovement speech that aparova! of pipeline the federal and province noc ye: reached the [he full co-opcradcn r" Thr :rree critical stage.' sectors of the !a'Kr. Other methods, such as mor.e- governmerr. and a 1 g a r 41. ,5. average 1. protective provisions rr.ust be satisfactory. Ml. average ;s simple, as a SIMPSON'S policies can be ade- LIE hard at controls rc-cer.: quaie under present circum- months and has a stances, he said. committee studying the However, he said the federal A months ago. the Vic-government: should "hold in toria chamber proposed the readir.ess a comprehensive con- national body come out :n iavcr tmsency plan for dealing with c; controls, io'is inPationsry Tne propose! Such a plan "v.ould entail ob- forwarded tn the r? tainuiE the consent of all the tional board director1, v h'.c'r, pro-vincial governments." rejected the way iw :eet in v.idth.' E crossLns C-.MS; be common ca. liers. :or _For. average Lse Canadians as well COMMISSION SALES PEOPLF You Are Needed n Ihe following oreos AUTOMOTIVES APPLIANCES FURNITURE TV and STEREO must stay in hards. Tore- yc? ;n H Mr. Lain? saH companies averse -41.75. -oral million on W line WESTBURNE DRILLING EXPERIENCED RIG PERSONNEL SIMPSONS hears OPPORTUNITY READY FOR A CHANGE? If you are doing well In your present career Join drilling corr.sany in Ccncdsl We will be starting up in tne Yukon, and British Columbia. Apply to: Personnel Manager, Westburna Drilling ltd., 1332 Calgary House, 550 6th Avenue, S.VA, Calgary, Alberta. T2P OS2 Telephone: (403) In our tire ad that appeared in Thursday's lethbridge Herald, Jan. 25th, page 21; the price should have read 4 PLY NYLON CRUSADER NOW FOR AS LOW AS 1 Q.99 I O' 600x13 BLACKWALL Maior growing feed con-.pany requires personnel in three proine provinces. management, Agricultural background necessary. Agricultural education and sales and service in livestock poultry preferred. Please write itatinp qualifications to: Box areas. Benefit! ai follows: 37'i-hour 5 day Diicount on purchoscs Medical Profit sharing Apply In perion lo SIMPSONS-SEARS PERSONNEL DEPT. CENTRE VILLAGE MAU ;