Lethbridge Herald, The (Newspaper) - January 31, 1975, Lethbridge, Alberta
U.S. warehouses full Sugar sales in slump Wheat export price lowered Friday, January 31, 1975 THE LETHBRIDGE HERALD 27 NEW ORLEANS, La. (AP) Sugar warehouses across the United States are full and sales have been so slow some refineries have been forced to shut down. It is a sharp comedown for sugar, which rose 400 per cent in price last year to join oil as a symbol of shortages and in- flation. Raw sugar has fallen since it topped out at per 100 pounds Nov. 20. The world's largest refinery, the C and H plant in San Francisco, called a five- day layoff. The second largest, Amstar Corp.'s refinery here, has just reopen- CONGRATULATIONS! TO AIRIE den Boon and Associates on their official Grand Opening of Fort Macleod Meat Processors Ltd. We were pleased to supply and install your Electrical needs. JOHN HARBERS ELECTRIC Box 64 Monarch-Alberta Phone 824-3458 ed after a week-long shut- down. "Other refineries indicated they, too, were shutting said Saul Kolodny, a spokesman for Amstar in New York City. "I would characterize it as a tem- porary oversupply in the market." This is the industry's slack season and part of the slump is normal, Kolodny added. But there was nothing routine about the accompanying sag in prices. Amstar's wholesale list price for a five-pound sack of sugar has taken five steps down from a peak of on Nov. 25. The latest, effective Friday, is Kolodny said supermarket prices often reflect the higher wholesale price of sugar that was in the supply pipeline and has not been depleted. Shell finds gas CALGARY (CP) Shell Canada Ltd. said Thursday it has encountered natural gas in the Willson Creek area in the foothills of Alberta, about 85 miles northwest of Calgary. Evaluation of the find still is under way. WINNIPEG (CP) Export prices for Canadian red spring wheat have been lowered by nearly a bushel in the past month to bring them more in line with prevailing world price levels, says a spokesman for the Canadian Wheat Board. The spokesman said the changes bring the price of Canadian wheat closer to that of other exporting countries, particularly the United States and Australia. The drop in world prices could be the result of "reces- sion psychology" in some quarters or due in part 'to restrictions the U.S. govern-' ment placed on its own export market late last year, he said. CONGRATULATIONS FORT MACLEOD MEAT PROCESSORS LTD. and best wishes for future success. from DUDLEY'S PLASTERING Box 582 Magrath Phone 758-3400 CONGRATULATIONS FORT MACLEOD MEAT PROCESSORS LTD ON YOUR EXPANSION AND RECENT MODERNIZATION FROM US TO YOU BEST WISHES ON YOUR and Congratulations on your Grand Opening of FORT MACLEOD MEAT PROCESSORS LTD. We were pleased in being a part by meeting your masonry requirements. L D MASONRY ENTERPRISES LTD. 1217 29 St. S. OFFICIAL GRAND OPENING ROWLAND CONSTRUCTION LTD. GENERAL CONTRACTORS 5632 Burbank Road S.E. Calgary, Alberta. Phone 253-2259 Phone 328-0003 CONGRATULATIONS ANDTHANK-YOU FORT MACLEOD MEAT PROCESSORS for making us a part of your'business expansion with the installation of our ceramic tile. KURT WALTER CERAMIC TILE LTD. Phone 328-3981 314A13 St. North I ISI 1 To Attend The Official FORT MACLEOD MEAT PROCESSORS on the Grand Opening and expansion of your facilities We were pleased to have performed your electrical requirements. LETHBRIDGE ELECTRIC LTD. Phone 328-8121 9145thAve.N. CONGRATULATIONS to the FORT MACLEOD MEAT PROCESSORS LTD. on their GRAND OPENING A wish for every success from J.C. EDGAR SONS LTD. PLUMBING HEATING CONTRACTORS P.O. BOX 34 FORT MACLEOD, ALBERTA And Tour of the Plant at FORT MACLEOD MEAT PROCESSORS LTD. FORT MACLEOD, ALBERTA Saturday, February IsM 9 75 BEST WISHES for every on your grand opening FORT MACLEOD MEAT PROCESSORS LTD. We were pleased to supply and install your Freezer and Cooler units. JONES REFRIGERATION SERVICE 320-3rd Ave. S. 328-5122 COFFEE SNACKS DOOR PRIZES PLAN TO ATTEND! OPENING CEREMONIES p.m. ByDR.J.G. O'DONOGHUE, Deputy Minister, Department of Agriculture 5 Door Prizes For Beef Pork DRAW Will be made at 5 p.m. Saturday, Feb. 1st Be sure to enter your name! An exterior view of Fort Macleod Meat Processors Ltd's. modern plant located in Fort Mac- Isod, Alberta. The plant features the very latest equipment to assure our many customers of the very finest in quality products.