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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - July 26, 1971, Lethbridge, Alberta Monday, July S6, 1971 THE LETHBRIDOE HIRAID 19 Western oils spur new trend TORONTO (CP) Western oil issues posted strong ad- vances, as prices on the Toronto stock market moved higher in light mid-morning trading today. On index, industrials were up .36 to 179.79 and western oils 1.15 to 328.53. Golds dropped .66 to 184.45 and base metals .18 to 94.12. Volume by 11 a.m. was shares, compared with at the same time Friday. Declines outnumbered ad- vances 81 to 69, with 143 issues unchanged. Strongest sectors were oil re- fining, steel, paper and forest and pipelines. Eleven of the in- dustrial index's 17 sub-groups were higher. Communication, real estate and food processing issues drifted fractionally lower. Among advancing oil issues, Canadian Homestead was up to Numac VB to Pan Ocean Vt to Central-Del Rio Vi to and Francana five cents to Guaranty Trust rose to MacMillan Bloedel to Bethlehem 'A to CP Ltd. to and Rank V4 to Atco was up to Imperial Oil to Inco VB to and Hudson Bay Mining VB to Orlando Realty dropped to Huron and Erie Vj to Hudson's Bay Co. Vt to Sherritt to Cana- dian Breweries to and BP Oil and Gas 10 censt to and Hudson Bay Mining down 8 10 On the American Stock Ex- change, Imperial Oil was up at Canadian Javelin lost at Down !A were Jupi- ter Corp., at and Scurry Rainbow Oil, at MONTREAL (CP) Prices were up slightly in most sectors in light trading on the Montreal stock market today. Combined volume on the Montreal and Canadian Stock Exchanges at 11 a.m. today was shares compared with shares at the same time Friday. On index, the composite rose .51 to 182.23, industrials .56 to 186.67, utilities .57 to 154.85 and papers .56 to 80.69. Banks re- mained steady at 207.68. Highlighting gains, on the Montreal Stock Exchange, B.C. Telephone, CP Ltd. and Simp- sons Sears rose each to and respectively. Among losers, Hollinger Mines lost to Canada Ce- ment Lafarge to and As- bestos Corp. V4 to DIP SLIGHTLY NEW YORK (AP) Stock market prices drifted slightly lower today in dufl trading. But blue chips remained firm. Declines outnumbered ad- vances on the New York Stock Exchange 4 to 3. However, the Dow Jones average of 30 in- dustrial blue chips was up 1.53 at 889.31. Noon prices included RCA, down 1% to Tenneco, off to Comstat, off Vi to General Motors, up Vs to and Faberge, up V4 to Granby Mining was up at among Canadians. Cana- dian Pacific was off V4 at Grain prices Winnipeg Grain WINNIPEG (CP) Prices were generally steady on a light volume of trade at mid- session of the Winnipeg Grain Exchange today. Flax was fractionally lower in all commodities, rapeseed prices were generally higher and oats, barley and rye were steady. Volume of trade Friday in- cluded bushels of flax, of rye, of rape- seed. MID-SESSION Flax: July lower1'2.42y4B, Nov. Va lower 2.47VsB, Dec. lower Oct. lower 2.47A, May lower Rapeseed Vancouver: July unchanged 3.35, Sept. V4 higher 3.13% A, Nov. iVz higher Jan. 1 higher 2.97B, March lower 2.91V8B. Rapeseed Thunder Bay: Oct. higher 2.95B, Dec. Vt lower 2.82 %B, May Vi higher Oats: July unchanged Oct. Vs lower Dec. not open, May unchanged Barley: July unchanged Oct. unchanged 1.12B, Dec. unchanged May unchanged 1.08B. Rye: July unchanged 1.04B, Oct. lower Dec. lower l.OSVsB, May not topen. Prices for Class Two wheat for export to countries outside IGA: 1 Nor 1.83V4; 2 3 4 1 Durum 1.83'A; 2 3 4 1.6714; IGA prices: 1 Nor 2 3 1.76V4; 4 1 Durum 1.83Vs; 2 3 4 Loan approved i for student residences OTTAWA (CP) A 768 federal loan has been ap- proved for eight student resi- dences in Red Deer, Alta. Central Mortgage and Hous- ing Corp. said the Red Deer Ju- nior College will construct eight buildings on campus to provide accommodation for 196 stu- dents. Last year there was no on- eampus housing available for the college's 900 students. En- rolment this year is expected to be CMHC said. Montana breeder shares awards EDMONTON (CP) Mon- tana, Manitoba and Alberta breeders shared major awards in cattle judging at the Edmon- ton Exhbition. Fair View Ranch, Big Tim- ber, Mont, shower the grand champion Aberdeen Angus bull with the reserve going to Gotthold Reich of Bashaw, Alta- The grand champion Aber- deen-Angus female came from John Boake of Acme, Alta., with the reserve being won by Black Eagle Farms of Russell, Man. Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty, Koadhouse and McCuaig) LAST BID OR SALE Toronto mines, industrials Supplied by Richardson Securities of Canada LAST BID OR SALE Li OlrOO Guotet, (wotesi i.m. WESTERN OILS Almlnex Alia East Gas Asamera Ashland BP oil Gas Can south Cdn Ex Gas Cdn Homestd Cdn Home wpfd 6.00 5.60 !1.25 13.00 7.35 5.90 4.30 10.50 19.25 20.00 Cmnw Inter Cmnw Lev 42.75 Corp invest 7.60 Corp in St F 1225 Dreyfus F U.i Gr Equity 13.JI15.34 3.71 5.50 6.01 5.07 a.M 12.M-1MO 4.22 7.27 n invest Mutual Mutual Ac Cdn Ind Gas Oil 12.00 Cdn Long is Cdn super Cen Del Rio Charter Chiellan Dome Pete Dynamic Pete Gt Plains Lochlel Mill City New Cont North Cdn Oil Numac Permo Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain spooner Total W. Decalta MISCELLANEOUS INDUSTRIES .65 aw 16.25 6.35 6.90 110.00 1.04 35.00 1.25 1.60 .73 8.05 10.25 .61 7.15 2.00 .97 5.55 34 JS 21.62V2 15.25 Principal Gr Royfund Temp Gr United Ac Universal Sav VANCOUVER 38.25 17.75 Arctic Mining Atlas Explor Bath Norse Beth Copper 2.62W Block Bros 4.85 Brenda B.C. Sugar B.C. suaar Pfd Cdn Infer Churchill Copper 1.02 Columbia Cellulose 4. 5 Coronation credit 1.10 Crestbrook F Ind 4.65 4.45 12.50 .70 .05M .03 .24 .40 5.91 5.55 6.10 5.32 5.B5 7.56 fl.26 4.43 AM 5.70 5.93 26.78 29.27 4.83 5.31 7.37 8.10 .20 .08 .45V4 1.50 3.55 6.75 19.50 16.50 B.25 Inv Ind Ato Ind Aquataine Brit Nfld Cdn Brew A Cdn Brew B Cdn Hydro Car Cdn Pacifi CPR Pfd Crowsnest !nd Cygnus A Cygnus B IQUH Prop 8 Gt Cdn Oil 6-75 Home A Home B Home Pltfld Hud Bay Co Hud Bay Oil Hud Bay Oil Pfd 58.75 Hugh Rucsell Husky Olf Husky Oil B Husky oil War inter Prov Pipe Inter Steel Pipe Cdn Occidental J out el Kaiser Res Kam Kotla Lake Dufault Lake Dufault L Ont Port Cem MGF Manage Mentor Newconex Pacific Pete Rank Org Selk Hold Can Shell Inv Pfd Shell Inv Wts Sicks Rainier Teledyne West Cdn Seed 1.42 White Yukon .66 CALGARY 1.37 Acroll .46 Barons Oil North Cont 20.37V2 Madison 1.94 West Warner PIPELINE STOCKS Alta Gas Tr L A 45.50 Alta Gas Tr L Pfd 72.00 Alta Nat Gas Giant Mascot Cdn W Nat Gas 16.50 Granisle Inland Nat Gas 13.50 N and C 16.00 Pacific Gas Tr 14.00 N and C 6 Pfd 76.00 Gaz Metro Gaz Metro Pfd A 66.50 Tr Cdn P 3312V2 Lornex Tr Cdn P Pfd B Lytton Minerals Tr Cdn P Pfd A 42.12W New Imp Mines TY P Cdn War 9.75 Okanngan Hehcop 5.12V 5.B7W wc Trans 26.50 Plains PetC Western Pacific 6.50 Primer 12.00 MUTUAL FUNDS Pyramid 100.00 AGF Special 2.9B Silver Standard 33.75 All Cdn Com 8.40 9.16 Texmont 34.37V2 All Cdn Dlvid 9.50 10.0B Trojan 2.25 All Cdn Vent 3.7-! 4.09 Western Mines 19.50 Amr Gr F 6.01 6.60 WC Res 47.87V2 Cdn Invest F 4.5? 5.03 Western Explor 9.50 9.00 35.25 16.00 23.75 11.00 Croyden Dolly Varden Dynasty Fort Reliance Grower, Key Indust Hys Interior Brew Inter Mariner Kaniloops opper .1. .29 7.50 .50 5.60 11.12V 2.75 .25 2.15 4.75 1.85 .10 Mutual 6'.50 7.14 Utica Hog sale EDMONTON (CP) Aver- age prices to 11 a.m. provided by the Alberta Hog Producers Marketing Board: Edmonton: 22.05, average Friday 21.79. Red Deer: 22, average Friday 22.13. Calgary: 20.05, average Fri- day 22.28. Lethbridge: 22.15, average Friday 21.84. Lloydminster: Nil, average Friday, 21.37. Total hogs sold Friday, Average 22.01. Sows average 12.85. DOLLAR VALUE MONTREAL (CP) U.S. dol- lar in terms of Canadian funds was up to Pound ster- ling was down 11-16 at Communist chief seeks nomination EDMONTON (CP) William luomi, 58, of Edmonton, Al- berta leader of the communist party, will seek the nomination In Edmonton Northeast in the iug. 30 provincial general elec- tion, it was announced today by Neil Stenberg of Thorhild, shah-man of the Alberta com- mittee. Chinese learn U.S. history before visit HONG KONG (Reuter) China is preparing its people for President Nixon's forthcoming visit by publishing articles on the United States every day. This was disclosed by 15 U.S- graduate students and teachers who arrived here today after a one-month tour of China during which they were allowed to pho- tograph virtually anything, in- cluding a space-satellite track- ing station. Paul Pickowicz of the Univer- sity of Wisconsin said: "Begin- ning the day after the announce- ment of the visit, the People's Daily carried on its back page every single day an article about America, its history, ge- ography and other things." The Americans represent the Committee of Concerned Asian Scholars, an anti-Vietnam war group. NEW YORK (CP) Cana- dian dollar down 5-32 at 98 19-64 in terms of U.S. funds. Pound stering down 1-64 at 29-32. Nixon visit to China has support DENVER, Colo. (AP) President Nixon's planned jour- ney to China has the approval of 67 per cent of the American people, says a public opinion survey of the Republican Na- tional Committee. The poll, conducted by Opin- ion Research Corp. of Prince- ton, N.J., showed 20 per cent of the persons surveyed July 20-21 do not consider the Nixon trip a good thing. The others had no opinion. The poll indicated that 41 per cent of the public believes China should be admitted to the United Nations; 40 per cent said it should not be admitted. The survey also gave Nixon a 54-per-cent approval rating for the way he is handling his job- Thirty-two per cent disap- proved. The administration source de- clined to say who commissioned the poll. ByGeneFawcette THE ELIMINATION OFHBWIM WITHDRAWAL SYMPTOMS HAS BEEN REPORTED BY DOCTORS ATTHEU.OF RHODE ISLAND, THEY KftVE DISCCVERE01MAT A CERTAIN UNSUSPECTED SMALL DOSES, RELIEVES EVEN SEVERE SYMPTOMS IN 12 TO 46 fie Canada St. SttMl V Montnol ___ a.m. Quoits) MINES .21 2.05 .43 i.eo .25 17.00 5.25 2.00 22.00 2.22 1.15 9.60 1.75 .131 .35 8.85 1.05 24.50 .05 .55 Advocate Asb. Akaitcho Black Bay Jralorne iroglan icthlehem Srunswick Canada Tung. Casslar Central Pat Conwest Cons. Rambler Coin Lake Cochenour Craigmont Dlckenson Mines Denlson Mines Deer Horn D'Eldona Dome Mines Donalda Discovery Mines East Malartic East Sullivan Falconbrldge Frobex First Marilimes Giant Y.K. 9. Bovis 2. Granduc o- Headway RL Hollinger 41. Hudson Bay M-S 22. Hydra Ex. Iron Bay 3. iso 1. Jollet Quebec Kerr Addlson 8- Key Anacon Labrador 40. Lake Shore 3. Madsen R.L. Malatric GF Martin McNeely Maclntyre Mela Midrim Intern Mogul New Athena New Calumet New Imperial Noranda Norfhgate Norlex Opemlska Oslsko Patino Pine Point Placer Dev. PC Exp Quebec Men Rayrock Radlore Rio Algom Roman Corp. Sherritt Gordon Silver Miller Steep Rock Tek Corp. j Texmont Upper Canada Western Mines Wright Har. Willroy Windfall Yellowknife Br. Quotes) 10.50 21.50 21.50 30.00 31.00 1.U5 a.m. QuolM) 1.25 .28 Dome Pets Dofasco CAB Fd ,of Amer Gt Cdn Oil Gen Motors Gt Lakes Pap Gulf Oil Cda iu Greyhound 15.62'A Hawker Sid 6 35 Huron, Erie 16'l2'A Hiram Walk 07 Imperial Oil 240 IMASCA 40 Int Nickel '58 Int Pipe Inv Gp A Int Utilities Indust Accept Laurentide .91 .11 Vi Zenmac .09Vj .99 1.05 2.90 94.25 .23 1.05 INDUSTRIALS Abttibi Alcan Algoma Steel Atco Ind At (an Sugar Bell Tel Brazil Trac B.C. Tel Burns B.C. Forest B.C. Sugar CAE Ind ;i Cdn Brew L, Chemcell ,-v Col Cellulosi Cal Power Coron Credit C.W.N. Gas Cdn Indust Canada S S 85 Cdn Marconi Cdn VIckers chrylse Loblaw A Metro Stores Massey Ferg McMillan Moore Corp Molsons A Molsons B North, Cent Power 91.50 Cominco .23 cons Bath 10.25 cons G8S 21.75 13.25 8.75 7.50 Co Rothmans st Law Corp Ste11 CDA i en Simpson's j JT, Simp Sears Steel of Can Selkirk A Texaco Traders Gp A Trans Mtn Pp Trans Can Pp Union Gas Union Oil Versatile Mfg Westeel Union Car Weston'E B Woodward's A West Cdn Sd Zenith Elec 5.12V2 4.10 26.50 1.10 11.00 13.00 32-75 3.10 9.50 28.00 64.75 110.50 55.00 13.62'A 64.00 5.40 79.50 25.50 14.12V3 2.75 21.62'A 37.75 27.25 20.25 34.1 Wi 28.00 7.87'A 37.75 18.12W 5.371A 4.00 5.75 44.00 11.50 23.00 37.75 17.75 18.25 5.12V 7.62V 11.00 19.00 37.75 19.00 27.00 26.00 15.25 33.25 14.00 23.621 33.50 15.50 45.00 4.25 11.75 17.75 17.25 53.62' 4.50 US Lethbridge Livestock AFTERNOON SALE Calgary livestock CALGARY (CP) On offer 11 a.m., about 375 head; lostly slaughter cows and eavy feeder steers. Trade was dive. No choice slaughter steers or eif ers were offered and other jrades were steady; ctows were neven with buyers watching closely; bulls were .81 35.35 9.20 .40 Dom Bridge Domtar Dom Textile Dom Stores 54.00 23.75 BANKS Can Imperial T> MIA Montreal NovB scotia '-75 Royal 12.75 Tor-Dom 22.75 16.00 26.50 27.50 26.00 New York stocks Supplied by Richardson Securities of Canada Amr T and T Beth Steel Chrysler Tomsat Dupont julf Int Harvester Kenn Copper itgomery Wa 4U7V2 Sean 22.25 Std Oil Of 27.62'A Texas Gulf 65 OD Texas Co 145.00 Wicks Corp 79.37'A Woolworth 87.50 20 Golds 184.34 off .77 N.J. 79.37V2 10 Base Met 94.20 off 1800 15 W Oils 237.32 Off 35.75 Volume 44.00 NEW YORK AVERAO 48.12'A 30 Indust 889.3B up V ivestock Goo d slaughter steers 30.75 to 1.75, medium 29.50 to 30.50. Good heifers 27 to 27.50, me- iunr 26 to 27. Good cows 22 to 22 50, medium 21 to 22, canners and cutters 19 to 21. Good bulls 25 to 26.50. Replacement cattle were mostly heavy feeder steers mere than 800 pounds selling at steady prices with active rading. Good feeder steers more than 750 pounds 31 to 32.60. Good eeder heifers 27 to 27.80. A ew good stock steer calves 38 o 42.50. A few good stock hei- fer calves 32 to 34. Hogs base price 22.05. stolen at drive-in EDMONTON (CP) A shot- gun toting bandit relieved the manager of an A and W drive- in of cash early Monday. The manager of the southeast Edmonton Drive-Inn told police his employees had just left the premises and he was locking the door when the bandit came. He was told to leave the money and 'walk around the corner and don't look back." STUDENTS 18 TO 24 TRAVEL CANADA for '50 Bus Meals Accommodation See Canada With Your Fellow Students AUGUST 7th TO SEPTEMBER 2nd Phone AUGUR at 328-7144 A.M. TO P.M. ECM GAINING LONDON (Reuter) A na- tional opinion poll carried out for the British Broadcasting Corp. shows the proportion of Britons opposed to Gammon Market entry had dropped to 43 from 51 per cent in the last two weeks. SUB-TRADES All forms of sub-trades, PLUMBERS, ELECTRICIANS, FRAMERS, etc. for 100 home project located 30 miles north of Natal, B.C. Starting in early August. CONTACT NU-WEST DEVELOPMENT CORP. 301 14th STREET N.W., CALGARY 41, ALBERTA PHONE 283-0711 Contact Mr. Jerry SZULCZYK or Mr. Lloyd Gregory THE ALBERTA QAS TRUNK LINE COMPANY LIMITED NOTICE To the Holders of Class "A" Common Shares of The Alberta Gas Trunk Line Company Limited NOTICE is hereby given that, subject to market and other conditions, The Alberta Gas Trunk Line Com- pany Limited (the intends to issue to holders of its outstanding Class "A" common shares, purchase warrants evidencing rights to purchase from the Company Class "A" common shares of the par value of 55 each with no I voting rights attached and ranking equally with such outstanding Class "A common shares. The Class "A" common shares will not be offered for sale in the United States of America or in any of the territories or possessions thereof, ana sub- scriptions will not be accepted from any person, or his agent who appears to be, or the Company has reason to believe is, a resident of the United States of America or any of the territories or possessions thereof. It is anticipated that such shareholders may be able to sell their Rights in Canada. Purchase Warrants will not be forwarded to any shareholder whose recorded address is outside Can- ada but it is proposed that National Trust Company, Limited in Toronto, Canada, will hold such Purchase Warrants for exercise (except in the case of resi- dents of the United States of America, as aforesaid) or transfer upon the instructions of such share- holder. It is anticipated that the record date for determining shareholders entitled to purchase Class "A com- mon shares will be August27, 1971 or a date shortly thereafter as the Company may specify (the Pro- posed Record and that the Rights will expire on or about October 1, 1871. The price at which Class "A" common shares may be purchased and other terms relating to the issue will depend upon market conditions at the time of offering. Particulars of the -Purchase Warrants, the Rights and the Proposed Record Date will be published by the Company when they are determined. This notice does not constitute an offering of Class "A" common shares and the Company reserves the right, in its discretion, to postpone, or to refrain from making, any offering. The Alberta Gas Trunk Line Company Limited By: .1. M. Ballachey Vice-Presidcnt and Secretary July 26, 1971 THE ALBERTA CAS TRUNK LINE COMPANY LIMITED NOTICE To the Holders of 7Va% Convertible Sinking Fund Debentures, Series 1 of The Alberta Gas Trunk Line Company Limited NOTICE is hereby given to-the holders of 74% Con- vertible Sinking Fund Debentures, Series 1 Series 1 of The Alberta Gas Trunk Line Company Limited (the that, subject to market and other conditions, the Company in- tends to issue to holders of its outstanding Class A common shares, purchase warrams War- evidencing rights to purchase from the Company Class "A" common shares of the par value of each with no voting rights attached and ranking equally with such outstanding Class "A" common shares. The Class "A" common shares will not be offered lor sale in the United States of America or in any of the territories or possessions thereof, and subscrip- tions will not be accepted from any person' or ms agent who appears to be, or the Company has reason to believe is, a resident of the United States of America or any of the territories or possessions thereof. It is anticipated that such shareholders may be able to sell their Rights in Canada. Purchase Warrants will not be forwarded to any shareholder whose recorded address is outside Can- ada, but it is proposed that National Trust Company. Limited in Toronto, Canada, will hold such Purchase Warrants for exercise (except in the case of resi- dents of the United States of America, as aforesaid) or transfer upon the instructions of such shareholder. It is anticipated that the record date for determining shareholders entitled to purchase Class "A" com- mon shares will be August 27, 1971 or a date shortly thereafter as the Company may specify (the Pro- posed Record and that the Rights will expire on or about October 1 1971. The price at which Class "A" common shares may be purchased and other terms relating to the issue will depend upon market conditions at the time of offering. Particulars of the Purchase Warrants, the Rights and the Proposed Hecord Date will be published by the Company when they are determined. A holder of Series 1 Debentures is entitled to con- vert such Series 1 Debentures into fully paid and non-assessable Class "A" common shares on a con- version basis of 25 Class "A" common shares for each principal of Series 1 Debentures so converted all in accordance with the terms and conditions of the Series 1 Debentures. Reference is made- to the trust indenture relating to the Series 1 Debentures and to the summary of such terms and conditions set forth in the certificates for the Series 1 Debentures as to the manner of conversion. A holder who converts such Series 1 Debentures and is a holder of record of Class "A" common shares resulting from such conversion at the close of bus- iness on the Proposed Record Date will be entitled to Purchase Warrants with respect to such Class "A" common shares. This notice does not constitute an offering of Class "A" common shares and the Company reserves the right, in its discretion, to postpone, or to refrain from making, eny offering. The Alberta Gas Trunk Line Company Limited By: I. M. Billachey Vice-Pidldent and Secretary July 26, 1971 THE ALBERTA GAS TRUNK LINE COMPANY LIMITED NOTICE To the Holders of Cumulative Redeemable Convertible Preferred Shares Series D of The Alberta Gas Trunk Line Company Limited NOTICE is hereby given to the holders of 5i% Cumulative Redeemable Convertible Preferred Shares Series D Shares Series D i of The Alberta Gas Trunk Line Company Limited (the "Company'1) that, subject to market and other con- ditions the Company intends to issue to holders of its outstanding Class "A" common shares, pur- chase warrants evidencing rights to purchase from the Company Class "A" common shares of the par value of SS each with no voting rights attached and ranking equally with such outstanding Class "A common The Class "A" common shares will not be offered for sale in the United States of America or in any of the territories or possessions thereof, and sub- scriptions will not, be accepted from any person or his agent who appears to be, or the Company has reason to believe is, a resident of the United States of America or any of the territories or possessions thereof. It is anticipated that such shareholders may be able to sell their Rights in Canada. Purchase Warrants will not be forwarded to any shareholder whose recorded address is outside Can- ada, but it is proposed that National Trust Company, Limited in Toronto, Canada, will hold such Purchase Warrants for exercise (except in the case of resi- dents of the United States of America, as aforesaid) or transfer upon the instructions of such shareholder. It is anticipated that the record date for determining shareholders entitled to purchase Class A com- mon shares will be August 2 7, 1971 or a date shortly thereafter as the Company may specify (the 'Pro- posed Record and that the Rights will expire on or about October 1, 1971. The price at which Class "A" common shares may be purchased and other terms relating to the issue will depend upon market conditions at the time of offering. Particulars of the Purchase Warrants, the Rights and the Proposed Record Date will be published by the Company when they are determined. A holder of Preferred Shares Series D is entitled to convert such Preferred Shares Series D into fully paid and non-assessable Class "A" common shares on a conversion basis of 2.80 Class A common shares for each Preferred Share Series D so con- verted all in accordance with the rights, restrictions, conditions and limitations attached to the Preferred Shares Series D to which reference should be made as to the manner of conversion. A holder who con- verts such Preferred Shares Series D and is a holder of record of Class "A" common shares resulting from such conversion at the close of business on the Proposed Record Date will be entitled to Purchase Warrants with respect to such Class A common This notice docs not constitute an offering of Class "A" common shares and the Company reserves the right, in its discretion, to postpone, or to refrain from making, any offering. The Alberta Gas Trunk Line Company Limited By: J. M. Ballachey Vice-President and Secretary July 28, 1971 ;