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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - July 8, 1971, Lethbridge, Alberta mi Stock prices up in active trade TORONTO (CP) Prices on lha Toronto stock market moved fractionally higher in ac- tive mid-morning trading today. On index, industrials cliir.bed .13 to 180.5G, golds .16 to 172.11 and western oils 1.61 to 226.15. Base metals dropped .02 to 93.98. Volume by 11 a.m. was shares, up from at the same time Wednesday. Advances outnumbered de- clines 119 to 96, with 198 issues unchanged. Strongest sectors were bever- ages, food processing, real es- tate and pipelines. Dome Pete climbed 2% to Canada Permanent Mort- gage to Tara Vs to Asamera to Premium ton Ore to Pacific Pete ?s to Moore to and Bow Vally Vt to Falconbridge dropped 2 to Argus to Gulf to McMyre 1 to BP Oil and Gas 10 cents to Simpsons lost to and Home A to LIGHT TRADE MONTREAL (CP) Prices were down slightly in most sec- tors in light trading on the Montreal stock market today. Combined volume on the Montreal and Canadian stock exchanges at 11 a.m. was shares compared at the same time Wednesday. On index, industrials rose .20 to 184.11. utilities declined .40 to 153.01, bar.ks dropped .87 to 206.52, the composite slipped .03 to 180.94 and papers slipped .08 to 81.28. Dome Petroleum rose Sl'i to and Du Pont TB to j J -d SaJ j By Gene Fawcette I THE OLD DRAFTSMAN'S I PRACTICE OFMAWNS DOTS AND RULING LINES IS NO ION6ER NECESSARY. WITH A NEW DRAFTING DEVICE, I DIMENSIONS ARE PUNCHED 1 OUT ON A SPECIAL KEY- i BOARD AND LINES ARE AU1D- SAWICALLY-AND PRECISELY DRAWN IN PROPER LENSTH AND DIRECTION... STSUIIHfSS OFHANPOR A8ILITY10 RE4P SCALES.' 1127 Argus Corp. was down to tfurphy Oil at and Vel- cro Industires to ACTIVE PACE NEW YORK (AP) The stock market extended its ad- vance into the third consecutive session as trading moved at a moderately active pace today. The noon Dow Jones average of 30 industrials was up 5.26 at 901.14. The Associated Press 60-stock average at noon was ahead .8 at 322.5. Wall Street analysts said the beginning of an expected flow of improved second-quarter earn- ings reports appeared to be stimulating the market. Noon prices among the more- actively traded issues included Shell Oil off 1 to .New- berry up 214 to and Grey- hound up to Mclntyre Porcupine dropped to among Canadian is- sues, Inco was off Vt at and Genstar Vt at Dome Mines was up at On the American Stock Ex- change, Scurry Rainbow rose at and Canadian Javelin dropped to ART DIETRICH DENTURE CLINIC Certified Duntal Mechanic ..Mrtropollmn Bldg. 328-4095 Here's how Canadians finished VICTORIA (CP) Final standings of Canadian com- petitors in the London-to-Vic- toria air race Wednesday after completion of lap six from Calgary, with points and money won: 1. J. H. Blumschein, Heincr- zhagen, West Germany, 591, 4. Jim Wright, Edmonton 547, 5. Grant Davidson, Toronto 540, 7. L. H. O'Brien, Delta, B.C. 525, S. L. D. O'Brien, Delta, B.C., 525, 14. Fred Carson, Burlington, Ont. 493, 15. M. R. O'Neil, Windsor, Ont. 489. 17. E. D. Dover, Calgary 481. 19. C. G. Vaughn, St. Cath- arines Ont. 471. 20. George Hulbert, West Vancouver 449. 22. B. 0. Bengtsson, Cal- gary 446. 24. A. R. Cockburn, Sidney, B.C. 427. 28. T. J. Walker, Fort Ma- cleod, Alia. 417. 29. Don Ireland, Mission, B.C. 409. 32. George Lemay, Calgary 391. 33. Al Vanhee, Hamilton 388. 36. E. W. Crombie, Lillooet, B.C. 366. 27. Gordon Lindmere, West Vancouver 357. 40. J. R. Main, Toronto 330. Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty, iioadnouse and McCuaig) LAST BID OB SALE a.m. ttuoteu) Thursday, July 8, 1971 THE IETHBRIDGE MIRALD 13 nrirp TPV1PW a.m. Quotes. WESTERN OILS BJOKIJ Almlnex Alta East Gas Asamera Asnland oil B. p. on Can Southern Cdn Exp Gas Con Home Cdn Home Cdn Indus Gas Cdn Long Is Cdn Superior Cent Del Rio Charter Chleflan Dome Pete Dynam Pete Great Plains Lochiel Exp Mill city New Conl North Cdn Oil Numac Permo Pelrol Pinnacle Place Gas Ponder Ranger Scurry Rain Spooner Total Petrol West Decolta 5 SO 5.05 32.50 Hugh Rus Pfd Husky Oil Husky Oil B Oil V.'ar Common Lev Corp Invecl 3.70 407 5.5! 4.03 11.37VJ Inter Pro Pipe MISCELLANEOUS INDUSTRIES 7.10 5.75 4.10 8.40 14.50 11.00 .55 42.25 6.95 107.00 1.05 35.00 1.26 '.n 6.85 1.3S .59 1.45 .50 21.50 1.90 7.60 6.60 43.00 7.15 12.50 7.00 10.50 6.12'A .69 2.35 1.90 .91 5.65 31.00 22.00 15.25 36.50 37.50 17.25 Corp Invest S F 5.17 5.65 Dreyfus U.S. 12.74 13.96 Growth Equity 6.5B 7.23 Grouped In S 3.59 3.9S 11.12 12.15 4.99 5.65 5.49 t.Oi 5.43 6.03 Invest G F Invest Mut Mut Accum Mut Grow F Nat Resources 7.59 8.30 N. W. Finance 4.77 5.74 N. W. Growth 5.53 6.0B Principal Grow 4.45 Royfund Templeton G United Accum Universal Sav VANCOUVER AnuK Arctic Mining 5.00 Atlas Explura 4 70 Bathurst Norse 2 75 Beth Copper Block Bros. Brenda .61 B.C. Sugar B.C. Sugar Pfd Captain Internet .02'A Churchill Cop .35 .26 Indus Atco Indus Aquataine Brit Nfld Corp Cdn Brew A Cdn Brew B Cdn Hydro Car Cdn Pac Inv CPR Pfd Crowsnest Ind Cygnus A Cygnus B Cum Proo Gt Cdn Oil Sds Gt Cdn Oil Sds Home Oil A Home Oil B Home and Pit Hud Bay Co Hud Bay Oil Hud Bay Oil Inter SI Jeff Lake Joutcl Kaiser Res Kam Kolia Lake Ont PI Ce MGF Manage Mentor Newconex 6.25 Pac Pete Rank Organ Selkirk Hold Shell Canada Shell Inv Pfd Shell Inv WI5 Sitjks Rainier Teledyne West Cdn Sd White Yuk CALGARY Acroll Anac Pete Barons Oil th Cont Madison West Warner PIPE LINE STOCKS Alia G T L A 44.25 Alta G T L Pfd 74.00 Alta Nat Gas !2.7! Cdn Nat Gas 18.37V'j Inland Nat Gas jnd C Pac Gas Tram N and C Pfd Gaz Metro Gaz Metro Pfd Trans Cdn P Trans Cdn Pfd 41.00 Trans Cdn P Pfd A 62.00 Trans P War 9.35 Wescoast Trans 26.50 West Pac 6.25 MUTUAL FUNDS A.G.F. Special 3.01 All Cdn Com 8.3B 9.16 Silver Standard 34.87'A All Cdn Divid 9.47 10.35 Texmont All Cdn Vent 3.76 4.11 Trolan 2.40 American G F 4.07 6.67 West Mines 19.00 Cdn Invest F 4.61 5.05 Westcoast Res <7.2S Collect Mut 6.51 7.15 West Explore 57.50 Common Inter 14.01 15.40 Utica 5.62 585 26.73 29.21 9.25 a.oo 26.62'A 15.00 74.75 11.00 27.50 5.75 6.25 12.00 6.35 100.00 Columbia Cel CoronaTon Credit Crestfarook F Ind Croyden Dolly Varden Dynasty Fort Reliance Giant Mascot Granisle Growers B Key Indus! 53 5.35 2.VO IB 2.20 4.75 13.00 16.00 14.00 Interior Brew Internat Mariner Kamloops Copper .09 Lornex 8.00 Lyfton Minerals 2.07 New Imp Mines .Fl Okanagan Helicop 5.00 Plains Pete Primer Pyramid .30 .11 Toronto mines, industrials Supplied by Richardson Securities of Canada LAST BID OK SALE Winnipeg Grain WINNIPEG (CP) Trading was moderate at mid-session of Ihe Winnipeg Grain Exchange today as prices fluctuated near previous close levels. Vancouver rapeseed was un- der selling pressure and flax had mostly inter-month spread- ing. Rye had some exporter buy- ing interest whUe oats and bar- ley had some domestic shipper trade and buying for eastern feeders. Wednesday's volume was .Flax Jiy Oct Nov Dec High Low Close 2M's 231 2431s May Rapeseed Vancouver Jly 312 310 248 247 242''. 249U 248 247 255 li 311 Scp 3W 3BW Jan 292 291 292 Mar 286 2857B 280 Rap-seed Thunder Bay Oct 29B3; Dec 230'. May Oats bushels of flax, of rapeseed and of rye. 74 Vj Mid-session prices: Rapeseed Thunder Bay: Oct. Vt higher 2.98; Dec. and May not open. Oats: July Vt lower 76; Oct. IVs lower 7r; Dec. is higher May not open. Barley: July unchanged 1.20: Oct. higher 1.16; Dec. and May not open. Rye: July Vz lower Oct. Yz higher 1.07; Dec. un- changed Flax: July lower 2.43; Oct. 1 lower 2.50; Nov. 7s lower 2.49; Dec. not open; May lower 2.56. Rapeseed Vancouver: July unchanged 3.12; Sep. lower 3.05; Nov. 1% lower 2.97; Jan. We lower 74; Dec. higher Prices for class two wheat for export to countries outside IGA: 1 Nor 2 3 1.76'fi; 4 1 Durum 1.83; 2 1.80; 3 1.71; 4 1.73; IGA j prices: 1 Nor 2 l.SIVs; 3 1.76% 4 1 Durum 1.83; 2 1.80; 3 1.71; 4 1.73. a.m. Quotes) MINES Acm1 a.m. a.m. QUOIM) COMPUTER ACCOUNTING AND MANAGEMENT LTD. Data Processing Services 507 CANADA TRUST BUILDING TELEPHONE 328-7883 THE UNIVERSITY OF LETHBRIDGE Invites Applications for CAMPUS SECURITY SUPERINTENDENT Reporting lo the Physical Plant Co-Ordinalor and re- sponsible for organization, direction, operation, control, training and administration of the Campus Security Division of the University of Lethbridge at its now campus. (Expected initial complement of three to five employees.) The superintendent is responsible for implementing the policies and procedures established by a campus security committee with respect to security of the University grounds property and personnel, conlrol of traffic and parking and assistance to law enforcement bodies in main- taining the peace. Successful applicant will have experience with a recog- nized security or police force, working knowledge of law, administrative capability, considerable personal maturity, and ho will be expected to gain an understanding of uni- versity structure and policies. Applications must bo by July 15, 1971 and must state ogr, education, cxpcricnco, references, salary expectation and da to available. All replies confidential. THE PERSONNEL OFFICE THE UNIVERSITY OF LETHBRIDGE LETHBRIDGE, ALBERTA Advocate Asb. Akailcho Black Bay Bralorne Broulan Bethlehem Brunswick Canada Tung. Cassiar Central Pot. Chimo Con west Ccns. Rambler Coin Laks Cochenour Craigmont DIckenson Mines Denlson Mines Deer Horn D'Eldona Dome Mines DonaIda Discovery Mines East Malarllc East Sullivan Falconbridge Frobex First Giant Y.K. Bovis Granduc Headway R.L. Hollingei .17 .42 .06 1.80 .25 U75 27.75 2.41 1.30 9.65 1.95 .06 Norlex Opemiska Osisko Patino Pine Point Placer Dev. P.C. Exp. Quebec Man Ravrock Radiore Rio Algom Roman Corp. Sherrltt Gordon Silver Miller Sleep Rock. Tek Corp. .26 Texmont .BO Upper Canada 05 Western Minei Wright Har. Willroy Windfall Yellowknlfi Br. .43 10.75 1 00 3.10 103.50 1.95 6.80 P.50 -10.00 Hudson Bay M-S B.C. Forest Hydra Ex. .24 B.C. Supar Iron Bay 3.15 Ind Iso "n Brew Jollet Quebec 36 Kerr Addison 8.20 Key Anacon .32 Labrador 39.00 Lake Shore 3.20 Lanqts Silver .16 Madsen R L. .BO Malartlc G.F. .70 Martin McNcely 9.50 Maybrun ,17'A CPR Maclntyrt 103.00 Comlnco Meta .16' Cons Bath Midrim .28'A Cons Gas New West Home V.OO plst Sea mac INDUSTRIALS Abitibl Alcan Algoma Steel Atco Ind Allan Sugar Bell Tel Brazil Trac B.C. Tel Burns B.C. I..... B.C. Supar CAE Ind Cdn Chemceil Col CelllosB Cal Power Coron Credit Cdn Indust Canada S 5 Cdn Marconi Cdn Vickers Chrysler 1.08 .17 1.28 .2! 6jo" 1.93 3.30 1.15 7.00 .12 5.50 Athona New Calumet New Imperial Noronda Northgata Dom Bridge Domtar Bl Dom Textile Dom Stores 10.25 Dome Pete Dotasco CAB Fd of Amer Gt Cdn Oil Gen Motors Gt Lakes Pap Gulf Oil Cda Greyhound Hawker Sid Huron, Erie Hiram Walk Imperial Oil 1712Wi Imperial Tob Int Nickel Int pipe Inv Gp A Int Utilifies Indust Accept Laurentide Kelly Doug A Loeb LoblawA Metro Stores Massey Ferg McMillan aloe Moore Corp 7.12'A Molsons A 22.50 Molsons B North, Cent 7.75 Power Corp Price Co Rofhmans St Law. 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 O'l Versatile Mfg Westeel Union Car Weston's B Woodward's A West Cdn Sd Zenith Elec BANKS Can Imperial Montreal (ova Scotia 7.50 19.50 57.25 1.15 13.25 33.00 3 20 8.50 27.25 63.50 23.25 2LOO 53.25 24.25 14.00 17.75 12.87'A Royal 103.50 Tor-Dor 34.00 13.00 63.75 6.35 81.25 16.25 24.00 1400 2.60 21.25 25.50 19.75 38.00 2S.25 8.00 42.00 18.50 5.37Va 3.85 5.50 41.00 10.50 23.75 37.25 19.12'A 1900 5.25 7.87% 11.75 19.00 20.62Vb 25.12V; 25.37% 15.25 33.00 23.37 Vj 15.87l'a -16.00 4.50 11.00 77.62% 1725 24.12% 23.25 15.87% 26.25 36.75 .25.50.. Neiv York stocks Supplied by Richardson Securities of Canada Amr T and T Anaconda Beth Steel Chrysler Comsat Dupont Gen Motors Gulf Int Harvester Kenn Copper Montgom Ward Std Oil H. J. 22.75 Texas Gulf 26.50 Texas Co. 89.75 20 Golds 171.84 off .11 77.50 119.00 36.00 10 Base Met 93.E6 off 15 West 0 228.59 up d.QS Volume Wesfinghouse El 31.62V2 U.S. Steel 31.00 28.62V! 34.00 TORONTO AVERAGES 20 Indust 180.84 up .41 "EW YORK AVERAGES 30 Indust 901.57 up 5.69 !0 Rails 218.47 up .73 '5 ulil -IS 65 Stocks 302 90 up 1 <0 Volume Potato growers in trouble VANCOUVER (CP) Cheap imported potatoes and poor waether are hurting British Co- lumbia growers and they see little hope in the near future. E. J. Gilmore, manager of the B.C. Coast Vegetable Mar- keting Board, said farmers are losing about per acre due to a cheap supply of potatoes from California and the poor weather. The board has set a price of about a ton in order to re- in ain competitive. Several fanners in the area say the price should be at least for them to break even. Beef futures WINNIPEG (CP) Live beef Dec 74'B May Barley Jly Oct nn Dec 1161a Rye Jly ]06's Oct 107'-2 106 Dec 76 'i 75' 74's 76 120 117'i !07'2 107'i A. J. ELLIS R. R. CURTIS Potato futures WINNIPEG (CP) Mari- time potato futures: Nov Mar Aug May Open High Low Close 2.23A 2.65A 2.VOA In line with continuing expansion ot Bank of Montreal activities in Western Canada Iwo senior executive appoint- ments are announced by J. Leonard Walker, President of Bank. A. John Ellis, formerly Senior Vice-President at the British Columbia division, is appointed to the new position of Execu- tive Vice-President, resident in Vancouver, corporate re- sponsibility for the Bank's B.C., Alberla and Manitoba-SoskaJ- chewan divisions. Appointed Senior Vice-President of Ihe Alberta division is Ross R. Curtis who was formerly Senior Credit Manager in the Corporate Credit Department at Head Office. Mr. Curtis returns to Calgary where he hos served as Superintendent of Ihe Bank's Alberta division. He succeeds R. J. Kayser who be- comes Senior Vice-Presidenl in the Bank's British Columbia 3.10A division. Livestock market report Lethbridge Livestock (Supplied by Canada Department of Agriculture) On offer to a.m. 123 cat- tle. Receipts mostly slaughter cattle. Trade only moderately active. Good and choice butcher steers under pressure, prices 25 to 50 lower with odd sales to 32.30. Good and choice butah- er heifers meeting only fair de- mand prices weak to 25 lower. Cows selling at firm rates. Me- dium and good feeder cattle steady rath sales to 32.60; hei- i fer at the Fort Macleod Auc- fers, cows and bulls were i lion Market this week were 535 steady. i cattle and calves with active Choice slaughter steers 31.75 to 32.40, I 30.75 to 31.75, me- dium 29.50 to 30.75. Choice hei- fers 28 to 28.30, good 27 to 27.75. medium 26 to 27. Good cows 21.50 to 22.50, medium 20.25 to 21.25, canncrs and cutters 18 to 19. Good bulls 25 to 27. Replacement cattle were mostly heavy, fleshy, short- keep yearling steers between 800 arid 950 pounds at steady futures: Open High Low Close Jly 33.12N Sep 31.25N Nov 3I.15N selling about steady. Choice steers 31.50 to 31.90; good 30.25 to 31.25. Choice heifers 27.50 to 28; good 26.25 to 27.25; medium 35 to 26. Good cows 21.25 to 22.50: me- dium 20 to ?i: -aimers and cut- ters 16 to 19.50. Good heavy feeder steers 31 to 32; medium 28 to 30. Good light stock steers 34 to 36.50. Butcher hogs sold Wednesday f.o.b. Lethbridge 20.75 to 21.15 base price. Good lambs 25 to 27. Calgary livestock CALGARY (CP) On offer to 11 a.m., about head; mostly mixed grades of slaugh- ter caMIe and replacement yearlings. Trade was active. Slaughter steers were fully I pro Insufficient stock or slaughter calves to establish a market. Good feeder steers more than 750 pounds 31 to 33.10. Good feeder heifers more than 575 pounds 27.50 to 29. Hogs base price 20.55. Lambs were 1 o w e r Wednesday with bucks dis- counted Good lambs 28. Macleod Livestock FORT MACLEOD On of- demand for all classes offered. Choice steers 32.00 to 32.70; good steers 31.25 to 31.80. Choice heifers 27.75 to 28.59; good heifers 26.50 to 27.50; heifery kinds 24.50. Good cows 22.00 to 23.60; me- dium cows 20.00 to 21.70; ean- ners and cutters 16.00 to 21.00; bulls 24.70 to 26.00. Short keep feeder steers 31.00 lo 33.00: heavy stackers (700 to 800) 34.50 to 37.00; light stock- ers (500 to 600) 38.00 to 40.00; feeder heifers including heif- erettes 25.50 to 28.50; stocker heifers 31.00 to 33.50; cow calf pairs to 340 depending on quality. Fort Macleod Auction also sold 1.100 head at Hi-Way 52 Feeders. Choice steers sold 32.20 to 32.90; good to low choice heifers 26.00 to 27.60; and good cows 22.00 to 24.00. an d ystetn 1003 4th Avenue tetlibridge Telephone 328-4426 INSURE NOW AGAINST Our Coverage Includes Loss of Standing Grain by Fire Competitive Rates. Call Us Now! GENE rORSTER INSURANCE MANAGERS BROKERS AGENTS A continuous family enterprise for over 60 years. 706 3rd Avenue S., Phons 327-2793 Hog prices EDMONTON (CP) Aver- age prices to 11 a.m. today pro- vided by the Alberta Hog Pro- ducers Marketing Board. Edmonton 20.60, Wednesday 20.60; Red Deer 20.60, Wednes- day, 20.63; Calgary 20.55, Wednesday 20.90; Lethbridge 20.65, Wednesday 20.99; Lloyd- minster no sales, Wednesday 20.10. Total togs sold Wednes- day's average 20.70, sows aver- age 12.27. AID FROM CHINA TOKYO (AP) Communist Cliina agreed Sunday to supply North Vietnam with additional military aid, the New China news agency reported. CRUX JAILED A. Duncan Cnix, was sfn- tcncpd In Vnnconvor to seven years Imprisonment on -charges of theft and false pretenses. Crux is Ihc form- er head of tho Common- wealth group of companies. JOIN IN THE FUN AND EXCITEMENT OF CHUCKWAGON RACES AND RODEO THURS., FRI., SAT.-7 P.M. STAGE SHOW GRANDSTAND MOM., TUES., WED. AT .PM. CASINO Open Daily 12 noon to 2 a.m. ROULETTE, BLACKJACK, CROWN AND ANCHOR, ETC. WHOOP-IP COMPOUND CHILDREN'S ZOO AND THE WORLD" EXHIBITS GALORE ARTS, CRAFTS, COMMERCIAL AND AGRICULTURAL GIANT PARADE MONDAY, 9.30 a.m. HON. PARADE MARSHAL LT. -GOV. GRANT MacEWAN GATE ADMISSION To all activities on grounds including horse races: Children-7-14-50c Under 7-Frcn GRANDSTAND ADMISSION Show Chuckwagon Races Rodeo Reserved Seats 1.50 and 7.00 Rush 1.00 Whoop-up Package 5.00 in Lethbridge JULY W 24'h BEER GARDEN OPEN DAHY FROM 12 NOON THE IRISH TRAVELLING PEOPLE Mon., Tues., Wed. from S p.m. TABER POLKA BAND Thuri., Fri., Sat. from 5 p.m. ADMISSION SI.00 YOUTHARAMA Coffee House Open Daily from 2 Tuos. and Creation p.m. Fashion Wed., Fri. at 7 p.m. Open Air nitn THOROUGHBRED HORSE RACES Daily 2 p.m. EXHIBITION RACETRACK PARI-MUTUEl BETTING Horsei from Montana, Idaho and Wcitern Canada THOMAS SHOWS MIDWAY RIDES SHOWS GAMES FUN ;