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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - July 8, 1972, Lethbridge, Alberta _ THE IETHBRIDCE HERAID Saturday, July 8, 1972 Livestock market report Grain shipments Two-price5 wheat system TAW A (CP) Receipts Good Heifers: Montreal 2C.25 turn heifers, 31 to 32: pood 'I i f f i lower al 10 public slock- to 29; Toronto 32.50 lo 33.50; cows, Lo 215.25; medium I PI 1111 TllflS V llrtl tftYKYlPY >s Ihis week, shortened be- Winnipeg 31.50 lo 32; Saskaloon cows, 22 (o 2-1; canncrs and VV Ull l< ILx I M- M l< J I lUL 11 i-i T-v__i._l nn en -II -fl. nn rfi 1R 99' ImlniUl'l itlllK i OTTAWA (CP1 were lower al 10 public slock- Ihis shortened be- of the Dominion Day hoi Sclav, but n moderately active market prevailed. The agriculture department reported today thai' prices lor choice steers end heifers de- clined, good remained steady and replacement cattle held firm. The calf market was gener- ally steady some discounls rcportcc. lings prices general- ly adviir.ced had declines on the high side in some mar- kets. Hecepits of cattle al the nine public stockyards from Monday through Thursday Mailed 656 head, G.08G below last week. Marketings were head De- low the corresponding week in 1971. The decline in deliveries was attributed In (lie shorter holi- day week. Genera! quality of slaughter cattle marketed Ihrough the yards was up slightly, with 69.4 per cent grading as good and choice carcasses. Exports of beef cattle to the U.S. totalled 193 head 109 for feeding and the remainder Winnipeg :il.50 lo 32; Saskaloon 30.50 lo :ll.50; Edmonton 30.50 lo 31.50; Calgary 30.75 to 31.75. Good cows: Montreal 26.50 lo 28.50; Toronlo 27.50 to 28.50; Winnipeg 25.50 to 26.50: Saska- toon 2-1.25 lo 25.50, Edmonton 24 io 23; Calgary 25 In 2B.25. Good feeder steers: Toronto ,18 to 4G.50; Winnipeg .17 lo Saskaloon 34 to -10.50: Edmon- ton 34.50 lo 45; Calgary 34 lo M. Good and choice veal calves: Montreal 52 to 57.50, Toronto 45 lo 55; Winnipeg 50 lo CO; Saskaloon 40.50 lo 51.50; Ed- monton 55 lo CO. Good lambs. Montreal 40 lo Toronlo -35 to 38; Winnipeg 30-33; Edmonton 28 to 30; Cal- gary 32. Index 100 hogs: Toronlo 37.75 lo 39.70; Winnipeg 33.40 lo i M.65; Saskatoon 32.20 to 32.70: Edmonton 32.40 lo ,13.03; Cal- gary 32.30 lo 32.65. Perlich Livestock There were head of livestock sold this week al Per- lich Bros. Auction Market Ltd. Receipts included 534 cattle and B25 hogs. Butcher cattle for immediate slaughter. j prices steady to 50 cents lower. Choice steers: Montreal 36.50 Light feeder cattle met to 37.75; Toronto 37.50 to 38.50; Winnipeg 37 to 37.50; Saskatoon 34.75 to 36; Edmonton 34.50 to 35; Calgary 34 to lum heifers, 31 to 32; good cows, Lo 25.25; medium cows, 22 lo 24; canncrs and cutlers, If! to 22; bologna bulls, 24.20 lo 27.30. Light stock sleer calves, 4G to 49.25, sleers 500 to COO ihs., 41) lo 48; steers COO to 050 His., lo DO; shorlkcep steers, 114.50 lo 3C.JO; nolslL'in steers, 32. lo 38.25: light slock heifer calves, 35 lo 40.25; itplaccmenl (jual ily heifers, 3-1 to 38; feeder heifers, 30 to 33; medium qual- ity cow-calf pairs, 300 lo ,130. Market hogs, dressed weight, "2.70 to 33; wcaner hogs, 15 lo 19.50; light wcnncrs, J2.75 lo 15: light feeders. 22 lo 27.50; feeders over 100 ibs., 35 lo 44.50; sows and gilts, 55 to 25, baby calves, 55 lo 05; light beef type calves. 110 lo 165. Taber Livestock Trade remained a little sloiv- cr again this week with all classes of heavy cattle selling under pressure- The slaughter sleers and heifers offered were on the lighl side and were 50 cents loner than last week. Cows were off with no grain finished cows offered. Feeder steers were all over 850 pounds. Only a few replace- ment heifers were offered and WINNIPEG (CP1 C. W. commissioner of the Canadian Wheat Board says (lie record pace of Prairie gr.iin shipments under way now will continue until the close of Great Lakes navigation and heavy producer deliveries of both wheat nnd barley will be needed to meet the demand. Sir. Gihbings, in a statement today, said the wheat board soon would announce openmg quotas for the new crop starl- ing Aug. I. "It's going lo be a summer unlike any that's ever happen- ed before. Producers have be- come used to Ihe traditional August slow-down after the July rush is over, but there will not be a let-up lliis year. Au- gust will be just like another July in grain shipments and Churchill gulling under way, country elevator shipments now arc averaging more than 31.) million bushels a week. Grain shipping programs for the balance of the summer and fall require shipments of about 20 million bushels a week lo Thunder Bay, more than eight million bushels a week to west coast ports and about mil- lion bushels a week to Church- ill, Man Mr. Gibbins urged producers to apply immediately for their 1972-73 permit books to ensure that they can conlinuc deliver- ing grain al the opening of the new crop year. "ft is very important that producers be ready to make their deliveries as soon as the now quotas come into effect, to make sure deliveries are not I'm sure producers will keep up i delayed for lack of permil their deliveries to ensure lhat our sales commitments can be met." Wilh rail shipments to books. We'll take whatever slops are necessary to get Ihe permit books out to produce as quickly as possible." OTTAWA fCP) The genera] economy, nol I he farmer, is Ihc major bencficiai-y of Lhe federal government's "t w o -p r i c c" wheat system, says an Agricul- tural Economics Research Council study. The slurly also notes lhat of Ihe ?WI million to be paid an- nually lo Prairie farmers, Ihc federal government will get 521) lo million back in increased lax revenue from farmers and businesses affecled by farm in- come. The council is an independent body including representatives of government, private busi- ness, agricultural associations and universities. The sludy on Ihe economic impact of Ihe Lwo-price system was done by council president Gordon Mac- Eachern and researcher Peter Appleton. Justice Minister Olio Lang an- nounced what he called a "two- price" wheat system Jan. 22. Under the system, the federal strong demand from local feed-1 (hesc good demands. All ers ar.d order buyers. Choice steers, 34.50 to 35; choice heifers, 32 to 32.35; med- THE STOCKMAN'S MARKET WEANERS-FEEDERS SOWS-BOARS SELL TUES., at 1 p.m. ALSO DAIRY COWS BABY CALVES SHEEP SPECIAL FOR TUESDAY, JULY 11 fh 250 LIGHT BEEF-TYPE CALVES Market Hogs Shipped Daily LETHBRIDGE and DISTRICT 4-H SALE Wed., July 12-11 a.m. LETHBRIDGE EXHIBITION PAVILION FEEDER AND FAT CATTLE Thursday 1 p.m. 500 HEAD 500 PERLICH BROS. AUCTION MARKET LTD. letoled In The Hub Of Southern Alberla'i liveitock Industry 3 Milei East oF lelhbridgu on Highway 3 and U Mils Soulh BOX 1057, LETHBRIDGE PHONE DAY OR NIGHT 326-3951 classes of hogs sold from to S3.00 higher. One package of 11 hogs weighing 206 erage sold at Good lo choice steers, .15.00 lo 35.20; fair to medium, 34.00 to 34.00. Good to choice butcher heif- I crs. 32.00 lo 32.70: fair to me- dium. 30.00 lo 31.75. Good feeder cows. 24.00 to 2440; 23.75 Manitoba has strong ally HS in plan to cut drug costs butcher! government would pay directly to fanners the difference be- tween S3 a bushel for wheat used for human consumption in Canada and Ihe Canadian sell- ing price of a bushel. THERE'S DIPFEIIENCE But (he system differs from the usual Iwo-price syslem in lhal all Prairie farmers, nol just wheat farmers, get a share of Ihe governmcnl money. Mr. Lang said the federal paymenl will be about SCO million a year. The agricultural council sludy says the inflationary affect of a two-price S3'slcm for wheat "is million and the construction In- dustry would expand by million. Altogether, the 1111 o n subsidy would produce million in economic benefits In lhat case, the study says. If the subsidy was spent on consumer goods, an additional domestic output of 5291 million would be generated. The study says 30 per cent of this increase would benefit manufacturing businesses directly or indirectly and 43 per cent would benefit service industries. "While the distribution of hen- surprising'y eithcrjefils varies depending on how WINNIPEG (CP) A pro- vincial government spokesman says the federal government will play an active role in Man- itoba's proposed new program lo lower the cost to consumers fair to medium, 22.00 to I 0[ pharmaceutical drugs. Saul Miller, chairman of the Good yearling feeder steers, eabinel.s commiltee on health and social policy, said federal authorities have offered lo co- operate in quality testing and analysis of the drugs. "The Federal Food and Drug Act hasn't really had much l.eelh in Mr. Miller said in an interview. over 850 pounds, 34.00 to 35.00; fair lo medjum, 33.00 lo 33.00. Good yearling feeder heifers j over 550 pounds, 35.00 to 36.10; fair to medium. 33.25 to 3-1.75. Fair to medium steer calves, 42.00 lo 46.00. Good heifer calves. 40.00 to 42.00; lair to medium, 37.00 to 39.75. Weaner hogs, to 50. Light feeders. S25.00 to S31.00. Heavy Feeders, S33.00 to availability or any of those I Our next sale will be held! Monday. July 10. Sale time is IIiOO p.m. For listings please I phone 223-3321. "It lists the drugs, but didn't really test, as far equivalency is concerned, about tilings. Now they are moving in I cept where specifically prohib- itcd by the prescribing doctor, substitulion of cheaper generic that direction.' Ensuring Lhe exact equiva- lence of substitute drugs for brand-name products is a key equivalents for brand-name drugs on prescription orders concern behind legislation that j be mandatory, has been given second reading j Mr. Miller said with Ihe fed- in the legislature. The measures say lhal Beef futures i coal WINNIPEG rCPJ-Llvc futures close Friday. .fly 3G.80A; Scp 35.20N; Nov ,n.85. Thursday's volume: No con- tracts- Long wait I JERUSALEM Smithsonian Institution in Wash- inhton waited in vain for 29 f years for two rare Syrian bears I to have offspring. Finally they j gave the bears to the Biblical ZOO, I both here, were whicb discovered female. Now the VANCOUVER (CP) Offi- cials of Kaiser Resources Ltd. say they were unable to con- firm reports from Tokyo that company negotiators are about to sign a one-year special agreement to supply coking coal to Nippon Kokan and Kobe Steel from Kaiser's mine al Sparwood, B.C. Girard, president of S. Wallace may back Humphrey WAVERLY. Mum. (AP) Senator Hubert Humphrey says he believes Alabama a Gov. George Wallace would support him for president if he is the Democratic nominee. "He could be an active spokesman for some of Humplirey said bere i n an interview "I believe he could and would give me support." Humphrey also said he thinks Wallace would support .Senator Henry M. Jackson of Washing- Ion il Jackson is the nominee, and possibly Senator Edmund Muskie of Maine, but not Sena- tor George MeGovern of South Dakota. Humphrey, who lately has of Kaiser Resources, and Ed- gar F. Kaiser, Jr., executive vice-president of operations, ....._ are heading up the Kaiser team aging animals "are" to "undergo i been holding talks hormone therapy before being mated with two male bears. PICTURE BUTTE AUCTION MARKET Ideally located in the centra of a Calf, Feeder and FAT CATTLE Every Wednesday at 1 p.m. 300 HEAD HIGHLIGHTED BY JO HOLSTEIN STEERS SCO fo 600 Ibs. from B. L. and Sons large cattle Feeding Services availabla Trucking Branding Vaccinating Order Buying Government Veterinary Feeding Pens and Hog Raising Country HOG Cattle Sale every Saturday at 1 p.m. 20 BABY CALVES MARKET HOGS ASSEMBLED MONDAY THRU FRIDAY For Information and listings contact Auction In JIM or JOE JURIS Picture Butte Auction Market Picture Butte, Alia, irket located 16 miles north of lethbridge Highway 25 Phone 732-4400 Picture Buito with Nippon Kokan and Kobe Steel for the past two weeks on renewal of a temporary con- tract which expired June 30, The rumored settlement may involve Kaiser plans to enlarge its 570 million capital invest- ment in Canadian coking prop- erties with loans of million which may be increased by an- other S45 million in new loans. Pork exports to Japaii increase may CALGARY (CP) Exports of Canadian pork to Japan will likely increase this year but other producers may be enter- ing the market, says president A ,1 E. Child of Burns Foods Lid. In 1970. Japan took 6.4 million than civil rights, said he be- lieves that if the Democratic na- tional convention fails lo choose a nominee on the first nr second ballot, up to 75 per cent of Wal- lace's delegates would support Humphrey. Humphrey once said ho couldn't accept Wallace as a vice-presidential running mate, but dropped that stance after eral government involved ex_ I testing for equivalency, a com- -----1 mittee of professionals would be able to provide a virtually j foolproof list of drag oquiva- lents. "When this bill was first con- ceived and printed, we hadn't firmed up contacts with the federal government, and I felt il was essential for the federal government to be behind us in the testing." A commission headed by Winnipeg surgeon A. A. Klass recommended lhat a committee nf professionals be assigned the task of setting out the in- terchangeable equivalents for each drug category. Mr. Miller said the govern- ment is considering another commission recommendation, lhat the drugs on an approved list be bought through a crown- owncd central drug purchasing agency. He said the government In- tends eventually to introduce bulk purchasing, but may not have to establish a new agency for it. "We have to explore. There is a point at which there is a maximum discount I was in the metal business, not the pill business, but I know that if a year, I hit my maximum. Ev- en if I doubled that, I wouldn't be better off." under (he Lang plnn or under a plan where the consumer pays the high price. In analyzing Lhe economic im- pact of the SGC-million payment, the study examines Iwo allcrna- lives: i. If Ihe money is spent on farm equipment and increas- ing production; 2. If the money is spent on consumer goods. ft notes that the true effect of (he paymenl would fall between the two cases. If the million is spent on the farms, agricultural output would increase by million and output of other sectors of the economy would rise by S104 million. For example, the petro- leum and natural gas induslry would produce million more, the fertilizer industry would increase its sales by Sl.l Ihe money is spent, clearly the over-all Prairie economy will receive a major stimulus and the most important direct and indirect beneficiary is not so much the grain farmer but the Canadian economy." INSURANCE 6 LIABILITY BONDS AUTO O FIRE ROSSITER AGENCIES ITD. ESTABLISHED 1911 tower Floor 517 4lh Phone 327-1541 Swarming with rats ADELAIDE (Reutcr) Mil- lions of rats have overrun the far northeast comer of south Australia, forcing stockmen in the to stop camping out losing the California primary to at night. Stockmen said rats McGovern, CATTLE SALES FAT AND FEEDER CATTLE SALES WEDNESDAY AND FRIDAY AT 10.-00 A.M. SPECIAL STOCK CALF AND FEEDER SALE FRIDAY AT P.M. StAUGHTER HOGS ASSEMBLED AND SOLD Doily EXPORTERS OF SLAUGHTER HOGS Excellent Focililict For Fending and Loading Horji FEEDER HOGS nnd BABY CALF Every Monday af p.m. CONSIGN ALL YOUR lIVfSTOCK TO C. E. FRENCH LIVESTOCK LTD. IN THE HEART OF CANADA'S RANCHING COUNTRY Alberta Stockyards Phone 327-0101-Res. 328-3986 P.O. BOX SS 1-1-7 IETHBRIDGC t Ed French 328-39B6 Ken Miller 758-6607 Mcigralh Lou DoJagor 327-9548 C.W. Hcnninfjor 328-7351 Dnn Klnsson 345-4350 LIVESTOCK COMMISSION AGENTS ORDER BUYERS EXPORTERS pounds of Canadian pork and last year purchased 20.3 million pounds. .Japan also buys pork from Taiwan, Australia and the Uni- I ted States, Mr. Child said, but two oilier producing blocks could enter the market. High transportation cosLs cur- rently keep Denmark, Holland and Poland out of the market but if Canadian prices rise those European countries might become competitive. China, which has the highest I number of hops in the world, has been holding discussions wilh the Japanese to overcome problems whirji have prevent- ed Chinese sales. "We can probably hold our nivn in Ilia Japanese m.irket if I we pny attention lo quality and if our prices remain eompcti- I live for world markets." Mr. Child, past president of the Moat Parkers Council ol Canada, said Japan is Hie only market for pork in enslcrn Asia wilti other polenlial aren.s out of for economic or tariff rciisons, MEAL IMMUNITY SALFORD, England (CP) Cats may not have as many as nine lives but Rastus proved he had more than one. His owner was lo move Io a council apart- ment where pets were barred and Rastus had to be destroyed. After a farewell meal, he was taken away by animal welfare officers for the lethal injection. But next morning Raslus turned up in his owner's back garden. "If a cat is fed before the injec- tion it can withsland Ihe poi- one officer said. Raslus was i n j e c I c d an empty stomach. were gelling into their food, into their sleeping bags and nibbling at their hair while they slept. Safari guide Mike Steel said "the plague covers hundreds of square miles." MRS. J. W. (Margaret) WOZAK A.T.C.M.; R.M.T. NEW DAYTON, AtBERTA TEACHER OF PIANO AND THEORY Is moving to lelhbridge in July and will continue teaching private lessons in a slutlio al the Family residence at 1212 31 St. A. Soulh. Mrs. Wozak is immediate past president of frie lelh- bridge branch of the Alberla Registered Music Teachers' Association and at preseni is the chairman of the Co-ordin- cting commiMee on music in the provincial A.R.M.T-A. Phone 733-2252, New Deyton 328-1096, Lethbridgs COMING SALES FORT MACLEOD AUCTION MARKET Tues., July llth at a.m. 500-HEAD-500 ALL CLASSES OF CATTLE REGULAR CATTLE SALE EVERY MONDAY AT p.m. STEAM LINES LONDON (CP) Steam loco- motives are to make a come- back on selected lines after a Brilish Rail survey into the po- tential revenue lo lie earned from steam enthusiasts. When the 300 miles of track are opened later Ihis year, the own- ers of the steam trains will he responsible for coaling and wa- i (cring. t foolplalc staff will be piovidcd iiy Ihe rail authority. DONT BE CONTENT TO ACCEPT ONE OFFER AT HOME, CONSIGN YOUR LIVESTOCK TO US WHERE YOU ARE GUARANTEED TO HAVE THE AUCTION RING FULL OF BUYERS TO BID ON YOUR CATTLE PRAIRIE LIVESTOCK LTD. PHONE 223-3921, TABER DAY OR NIGHT Auctioneer: JOHNNY CHARLTON Lie. 293 Sales Manager GARY JENSEN Join in the fun and excitement of EXCITING RODEO EVENTS Thun., Fri., Sal. 8 p.m. HORSE RACING Daily at p.m. PAHI MUTUAL BATING JULY 17-22 in LETHBRIDGE Thomas Bros. Midway Giant 10 a.m. Stage Show Grandstand Monday Tuosdny Wednesday EXHIBITS GALORE Special Features: -BEER GARDEN -CASINO -FOOD FOR YOU -KIDDIES' ZOO -WHOOP-UP COMPOUND ;