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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 3, 1970, Lethbridge, Alberta -Wddnntdoy, 1970 1HI lETHBRIDGI! HERAID Weaker Trend Evident Today TORONTO (CP) The To- ronto stock market was mixed in light mid-morning trading today. On index, industrials were down .89 to 151.74 and golds 3.06 to 140.75. Base metals advanced .12 to 90.38 and western oils .04 to 133.72. Volume by 11 a.m. was shares, compared with at the same time Tuesday. Gains edged out losses 97 to 88 with 136 issues unchagcd. Analysts say the market is re- f lee ting the adverse effect which the unpegged Canadian dollar is exercising on Canadian exports. Finance Minister Edgar Ben- son said Sunday that exports would suffer if the dollar rose in value. Largest declines were in banks, general manufacturing, industrial mining, merchandis- ing and oil refining. Among declining issues, Bras- can was down 5A to 1414, Home A to 14, International Nickel to Ford Canada to and Imperial Oil to ISVi. Among advancing issues, Northern and Central Gas was up V2 to Simpson Sears to 20% and Seagrams Vz to 4414. MONTREAL (CP) Prices were fractionally lower for the third straight day in light trad- ing today on the Montreal stock market. The downward move- ment was a reversal of strong gains made hi Canadian and United States markets late last week. Brascan declined to 114% following an announcement that Hie sales by the company's elec- tric utility in Brazil were up five per cent from a year ear- lier but represented a decline from high growth rates experi- enced in 1968 and 1969. Northern and Central Gas, up Vs to announced that its subsidiary, Canadian Industrial Gas and Oil Ltd., showed a net income of or 14 cents a share, up from or 13 cents the previous year. Royal Bank declined Vt to 18. Commerce to Nova Scotia was up to In senior mines and oils, Ca nadian Petrofina was up tc Aquitaine Vi to 16 am Husky to 814. Imperial Oi was off to Inco decline! to 39, Noranda to 27 anc Alcan "Xi to On index, industrials were off 83 to 153.17, utilities .50 to 122.76, banks .78 to 160.78 and the composite .76 to 148.54. P pers were up .15 to 89.11. Combined volume on the Montreal and Canadian stoc" exchanges was at 1 a.m., compared with E the same time Tuesday. NEW YORK (AP) Stock prices experienced a mild dip al mid-day today that left Ui whopping advances of recen sessions largely intact. By noon, the Dow Jones aver- age of 30 industrial stocks was off 1.50 at 708.11. The average had been down 2.81 points a1 a.m. The Associated Press 60-stock average was off .5 at 245.2. Declines were registered motors, rubber issues, farm im- plements, and electronics. To- baccos were generally higher. Glsrror issues were generally higher. Prices of glamor stocks included Telex, up at 1614; Fairchild Camera, up at Memorex, up 2Vt at Xerox, up at Control Data, up 1% at and Pola- roid, up 14 at IBM was off 114 at 28HV and University Computing at Prices on the American Stock Exchange included Automatic Data Processing, up 2 at, 32" and Asamera, off at Among Canadians on the NYSE, Distillers Seagrams adv- anced Dome Mines and Ca- nadian Pacific and Hudson Bay Mining Mclntyre Porcu- pine was down V4. On the Amex, Brascan Ltd was down and Canadian Jav- elin Scurry Rainbow Oil was up Ontario Fully Determined Up Auto Engine OTTAWA (CP) The On- tario government will either end pollution from automobile engines in five years or en- sure their replacement by an- other form of propulsion, George Kerr, the provincial resources and energy minis- ter, said Tuesday. He told delegates at the North American fuel technol- ogy conference here that the government has already taken some steps to curb emission of carbon monoxide from ex- hausts and emissions from carburetors and gasoline tanks. "We are determined lo ei- ther clean up the internal combustion engine by the middle of the decade or see it replaced by another form of he said. Dealing with North Ameri- can pollution generally, Mr. Kerr said that predictions the human race will be dead in 20 years from pullution have caused unnecessary fright. ASSUME NO ACTION "These dire predictions are based largely on the premise that man will do nothing about the problems of air, water and soil pollution in the next decade or he said. "This will not happen be- cause, even if we politicians were the unfeeling Franken- steins we are often painted by our critics, the pressure of public opinion would force us to do something." Mr. Kerr later told a Con- servative party meeting that unleaded gasoline may be- come a requirement in On- tario within two years. Although it is a pollution- producer, leaded gasoline is used for so-called "muscle cars" with high-compression engines for greater power. Building Regulations Eliminated OTTAWA of government building regula tions would result in ad ditional dwellings for low-in come people, Eric Johnson, president of the National Home Builders Association, said here He told the Ottawa branch o: the association that removal of myriad controls and restrictions release for construction of low income housing. Mr. Johnson said the industry is in such a deplorable state that he doubted the reducec goal of housing starts for 1970 would be achieved under present conditions. The increasing cost of shelter has created a situation in which the industry is producing houses for only the top 20 per cent of wage-earners. AH three levels of government are to blame be- cause of their controls and in the lack of co-ordination and su- pervision of them, he said. Smitty's Pancake House Franchise Available Excellent location in Marathon Developmen! in City of Lethbridge to be open about Octo- ber, 1970. Cash required approximately Capita! investment returned in ap- proximately four years. For further information please write or phono SMITTY'S PANCAKE HOUSES LTD. 709 8lh Avo. S.W., CALGARY, Alberta. 263-5683 (403) Livestock Lethbridge Livestock (Supplied by Canada Department of Agriculture) OP offer lo 11 a.m. KM ca'lle. Receipts mostly slaughter cattle. Trade active. Good and choice butcher steers meeting an improved demand. Prices a shade higher. Grade and yield considered. Good and choice butcher heifers meeting good demand at steady rates. Me- dium and good stocker and feeder steers1 no Ixitter than steady at the weeks lower levels. Choice steers 30.50 to 31.20; good 29.25 to 30.25; medium 27 to 28.50. Choice heifers 28 to 28.50; good 27 to 28.75. Good cows 21.75 to 22.50; me- dium 20 to 21.50; canners and cutters 17 to 19. Good heavy feeder steers 800 to 850 Ibs. 30 to 32. Butcher hogs sold Tuesday f.o.b. Lethbridge 28.55 to 28.70 base price. One hundred hogs sold for export price converted to 23.05 liveweight. Calgary Livestock CALGARY (CP) On offer to 11 a.m.: about head, mostly slaughter cattle of mixed quality. Trade was slow. Slaughter steers sold steady. Heifers were steady with light- weight and fed yearling heifers under pressure and discounted around 50 cents. Cow trade was uneven. No bulls were on offer. Choice steers 30.75 to 31.30, good 29.75 to 30.75, medium. 28 to 29.50; choice heifers 28 to 28.50, good 27 to 27.55, medium 28 to 27; good cows 22 to 23, medium 20.75 to 21.75, canners and cutters 19 to 20.50. Replacement cattle were scarce, being mostly feeder steers weighing more than 700 pounds and selling steady, good feeder steers 30 to 32. No stock or slaughter calves were on offer. Hogs f.o.b. Calgary to 11 a.m. basic price 28.55 to 28.65, cur- rently 28.65. Good spring lambs Tuesday, 31.10. Good woolled lambs 29.10. Police Nab Suspect Near Bank EDMONTON (CP) CVy police said a 28 year old man was charged with armec robbery Tuesday following robbery at a downtown bank about 2 p.m. The charge was laid against Leroy Kaeremk of Saskatch- ewan. Police said n suspect was ar- rested by two policemen block from a branch oi the Bank of Nova Scotia where a man escaped with about after handing a note to a tell- er. A police spokesman said the money was recovered. Fiucl Body Of Missing 5-Year-Old JOUSSARD (CP) The body of a five year old boy was found Tuesday night in a lake during a search for two missing boys. Paul Phillip Shailloux anc Patrick Tomliins, both five, have been missing since Sun- day in this small community on the southwest corner oi Lesser Slave Lake, 200 miles north of Edmonton. The identity of the victim was not immediately known. Up to 400 people from set- tlements along the lake, a po- lice dog, and a search plane have been taking part in the search. The search continues. Net Earnings By THE CANADIAN PRESS Famous Players Canadian Corp. Ltd., three months ended March 31: J970, 19 cents a share: 1969, 17 cents. The Provincial Bank of Can- ada, six months ended April 30: 1970, 1969, Tcck Corp. Ltd., six months ended March 31: 1970, 26.3 cents a share; 1969, 25 cents. T r i z e c Corp. Ltd., three months ended March 31: 1970, 1969, Trans-Prairie Pipelines, Ltd., three months ended March 31: 1970, 47.6 cents a share; 1969, 35.3 cents. POLICIES FOR POOCHES DES M01NES, Iowa (Reu- ,ers) The Midwest Insurance ?o. of DCS Moines announced Tuesday that any eat or dog who can come up with the inmihl premium will got cash >cnefits of for accident or vela' bills. MISCELLANEOUS QUOTATIONS Vancouver, Calgary, Montreal (Supplied by Dohcrty, Roadhousc and McCuaig) LAST HID OK SAM5 fl.m. Quotes) a.m. Quolcs) Ouoresl WESTERN OILS Joule! 1.15 Invest Grow 10.73 Almlricx 3.95 Kaiser Res 16.75 Invest Mut '....4.56 4.98 Asmera Kani Kolia I.a8 105 Vent 3.25 Banff 755 Lake Ont Pt 2.05 Mut Acm Fd 4.64 Can South 345 MGF Manage 2.25 Mut Grow Fd 3.76 4.14 Cdn Exp Gas 3.35 Mewconcx 5.50 Mut Income ...4.19 Cdn Gricjol 6.75 Fac1 PPtP 20.75 Nut Resources 6.39 6.98 Cdn Home 7.15 Ronk Orc-on Print! Grow 3.71 4.07 Cdn Ind Gas 7.50 Selkirk Hold 10.00 Provld Mut ..5.72 6.26 Cdn Long Is .90 Shell Inv 73.75 Regent Fd 7.09 7-75 Cdn Super 53.25 Shell Inv Pfd 24.50 ROVfund .......4.55 Cent Del Rio 9.4S Shell Inv Wts v.75 Unit Acm 4.48 Charter 6.50 Sicks Ran er 4.00 VANCOUVER Ctileflan 8.50 West Cdn Sd 2.25 Anuk ,Wi Dynam Pete 1.27 White and Yuk. 17.75 Arctic Mining In V.S. F( WASHINGTON (CP) The president of Venezuela, which s Canada's prime competitor for U.S. oil markets, opened n state visit here Tuesday with the declaration that he will insist on the importance of a "new attitude" toward Venezuela in her "just claim" concerning petroleum. Dr. Rafael Caldera said many people "don't realize how hard it is for us to bear that the U.S. must take two different stands" toward Canadian and Venezuelan oil imports. "We hear that Canada Is a first-class friend; that Venezuela is a second-class friend. That is too hard to bear." Speaking at a National Press Club luncheon, Caldera said that Venezuela has "manifested our desire to discuss it (the petroleum question) at the hemispheric level in clear discussions with all the interested countries of America present." Later, in reply to questions, he said Mexico, Venezuela, Canada and the U.S. would participate in the proposed hemispheric conference. "Mexico is in favor of such a he added. CANADA IS FRIEND As for Canada, "we are friends of Canada. We do not want any unjust privileges. We want a just deal for the lour countries." Speculation Is that Caldera, here for a three-day state visit, will not leave empty-handed. The belief is that his 'talks with President Nixon and other administration officials will result in some relaxation of the U.S. quota on Venezuelan oil imports. By comparison, Canada and Mexico receive preference because then- oil is imported overland by pipeline and thus is considered more secure and reliable than overseas imports from Venezuela. Mexican Imports remain pretty constant in volume rr Veneziu In and year out and ore not a contentious issue. Last March, in a lu'ghly controversial move, tile U.S. imposed formal quotas on Canadian imports. As leader of one of the Deal elan Oil pie dcmocrncicA of Ijitin Amer ica, Caldera has received th highest honors tho U.S. can be stow on a visitor, including th rare opportunity to address joint session of Congress todaj 1 Price Rt CRANBROOK, B.C. (CP) Three East Kootenay cities today agreed to a settlement with British Columbia Hydro and Power Authority for the takeover of their electrical systems by tile crown corporation. Announcement of the settlement was made jointly by Hydro and the cities of Cran-brook, Kimberley ami Fernie. Under the agreement, Cran-brook will receive cached Kimberley, and Fer me The takeover Is effective Jul; 2. The three systems purchase their power from B.C Hydro for distribution to residential and comniercia. customers. Negotiations between B.C Hydro and the cities had con tinued for several months Hydro's original offer was 700.000. Gt Plains 1G.OO Acroll Mill City 1.36 Anat Pete New Cont 96 Barons Oil Numac 5.15 North Cent Permo 33 Plains Pete Petrol 1 .03 West 1.05 Bethlehem Copper 15.00 .10 Bornllc Ridge .19 .OSVa Block Brothers 3.10 .03 Drenda 8.15 .32 Brenmac fiO r .52 B.C. Sugar Place Gas 1.28 Madison Ponder .48 Quinalta Ranger 7.dO Rexdale Scurry Rain 16.00 PIPELINE Spooner Alia Gas Tr Triad 3.50 Alta Gs Tr West Dec 3.60 inland Nal MISCELLANEOUS North Centra INDUSTRIALS North-Cent fa Atco Indus 8.50 Gaz Metro Aquatalne 16.00 Trans Can P Brit NfltJ 4.20 Trns Can P Cdn Hydro Car. 11.50 Trns Can P Crin Pac Inv 22.62Vi Trns Can P CPR PFd 7.75 WCStcoast Tr Cygnus A -MO Western Pac Cygnus B 4.15 MUTUAL Cum Prop 8.00 AGF Spec a Gt Cdn Oil 3.60 All Cdn Corr Gt Cdn Oil Sd 96.00 All Cdn Ve Home A Amer Grow Home B Can Grow Hud Bay Co 13.25 Cdn Invest Hud Bay OH 34.50 Collect Mut Hud Day Oil 47.00 Cmnwlih In Hugh Rus Pfd 18.75 Cmnwlth Le Husky Oil 8.50 Corp Invest Husky Oil 3. DO Dreyfus Fd lot Pro Pipe 8.25 NW Fin Int Util Pfd 26.00 NW Growth Int Sfeel 5.50 Growth Equ Jeff Lake 8.50 Grp In Shar TORONTO MINE Supplied by Ricliardso LAST BID a.m. Quotes) a.m INDUSTRIALS North, Cent SS'n" S S-Algoma Sleel H.WV4 Ako Ind 8.25 Allan Sugar 5.62'A Bell Tel U.SJVi I Brazil Trac 14.50 "If Searj B.C. Tel J7.00 Burns 775 A B.C. B C Suaar 16 "P CAE Ind ..I Trans Mtn Cdn Bmv 4.62V, "n 6.12ft 'f.as Col cellulose H" Cal Power 2075 versatile M Coron Credit K20 CWN 10.00 X. a Cdn indust 9.50 Canada S S 20-50 5 Cdn Marconi 2-85 7-njtf. pt.r Cdn Vickers 6.25 tlec Chrysler 24.00 BA CPR 5-1.B7V2 Can Impefl Cominco 23.00 Montreal Cons Bath 15.25 Nova Scolla Cons Gas 14.37Vi Dist Sea 4-1.50 Tor-Dom -Dom Brldqe 12.75 Ml Domtar 13.1 2 V3 Acme Dam Texfilo Advocate As Dom Stores 12.75 Akaitcho Dome Pole 49.25 Area Mines Fam Play 9.50 Belcher Iron Gt Cdn Oil 3.50 Black Bay Gen Motors 68.50 3ralorne Gt Lakes Pap 17.00 Broulan Gulf Oil Cda Bethlehem Hawker Sid 1.90 Brunswick Huron, Erie Canada Tur Hiram Walk Cassiar Imperial Oil 15.75 Central Pat Imperial Tob Chimo Inf Nickel 39.50 Con west Inf Pipe 19.00 Cons. Ramb Inv Gp A 6.37V4 Coin Lake Int- Utilities 22.50 Cothenour Indust Accpet 13.00 Craigmont Laurentlde 3.PO Kelly Douq A 5.87% Denison Mi Loeb Deer Horn Loblaw A D'Eldona Metro Stores 1H.OO Dome Mine Massey Fera 11. DO Donalda McMillan Bloe 24.00 Discovery Moore Corp East 'Malar Molson's A 13.25 East Sulliva Molson's B 13.37W Falconbridge NEW YOR Supplied by Ricliardso Amer T and T 43.50 Montgom W Anaconda 25.50 Sears Beth Steel 25.25 Std Oil of N Chrysler 22.B7Vi Texas Gulf Comsat 33.75 Texas Co. Dupont 114.50 Woolworth General Motors 67.00 Westing Ele Gulf U.S. Steel Int Harvester TORONTO Kenn Copper 43.25 20 Inds 18 capt. Inter 2.75 .04Vi Churchill Copper 3.25 -Ifi Coron Credit A 37.50 Croydcn 32 P Dolly Varden .30 3as 8.50 Dynasty 7.05 11.25 Endako 13.00 Pt 25.00 Futuritv 25 3.85 Granule 12.00 ipu 24.25 Key Indust 38 Pf 36.00 Ky's 2.75 Pf A 49.50 Inter Brew 3.75 Var 6.75 Jericho 09 ans 16.62'A Kamloops Copper .09 Ic 4.15 7.00 FUNDS Lytton Minerals 1.66 2.10 2.20 Mt Washington .11 ..6.09 6.66 Madrona 31 t 3.07 3.36 New Cronln 09 Fd 4.27 4.69 New Imp Mines 2.05 4 75 5.22 okanogan Hell Fd 3.88 4.26 Primer 15 5.10 5.60 Pyramid 2.79 3.06 T.C. Explor 36 5 66 6.19 Texmont 57 J.S. 9.B4 10.78 Trojan 63 3.36 3.69 Mines 4.00 401 441 Westcoast Res .23 ty 5.30 5.82 Western Explor To Ma On Indochina WASHINGTON (AP) President Nixon goes on television tonight to issue an Indochina progress report, just hours after a key vote in the United States on limiting Jus future Cambodian policy. The Senate test was on an administration-backed proposal by Kansas Republican Robert J. Dole designed to negate an amendment that would bar funds for U.S. operations in Cambodia after June 30. The vote on the Dole proposal, which called for allowing the president to use U.S. forces in Cambodia as long as American troops were held prisoner there, is not expected to affect Nixon's remarks, scheduled for 1! p.m. MST. The president set his speech after meeting with defence and military leaders during the weekend when he is reported to have been given ?c-counts of the month-old Cambodian campaign. The vote on the Dole proposal was the first real indication of Senate feeling concerning a measure sponsored by Senator Frank Church (Dem. Idaho) and Senator John Report Progress Cooper (Rep. Ky.) to curb Nix on's powers in Cambodia afte June 30, the date the presiden set for withdrawing all Ameri can forces from that country. Chances for a quick vote or the Cooper-Church amendmen itself remained dim since thret senators Tuesday accepted the president's invitation to go on a week-long tour of Cambodia ana Vietnam. INDUSTRIALS n Securities of Canada OR SALE Quoies) a.m. Quotes) 11.25 Frobex 27 1800 First Maritlmes 1.15 <5.5Q Giant Y.K 8.00 9.87V'z Gortcriim 3.95 9.00 Gunnar 1-30 2-i.50 Granduc 7-25 16.00 Headway R.L. 11.00 20.50 Hollingcr 27.00 Hud. Bay M-S 23.00 10.00 Hydra Ex -19 21.35 Highland Dell 2.B5 A 8.75 Iron Bay 2.40 Pp 14.87V'i ISO 1.45 Pp 2-1.25 Jollet Quebec -23 12.25 Kerr Addison 28.00 Key Anacon .38% fg '3.10 Labrador 26.50 10.00 Lake Shore 3.25 12.50 Leitch 1-70 19.75 Lantjts Silver -OS A 15.75 Macassa 1.35 2.25 Madsen R.L. .92 1.40 Malartic G.F. .S3 JKS Martin McNeely 1-1.50 1 13.00 Maybrun 22 Maclntyre 150.00 Mela 19 2050 Midrim 34 IB Intern Mogul 9.75 JES New Alhona ..13 OP Mew Calumet 2'l5 New Imperial 2.01 .'.14 Noranda 3 00 Northqate '40 Opem'iska 13.62W "lO Osisko 30 1 85 Patina 32.00 73 Pins Point 15 Placer Dev. 29.50 5.60 P.C. Exp ...74 g. 1 BO Quebec Man .21 Rayrock 1.29 2 25 Radiore .29 1.20 Rio Algom li.OO 8 75 Roman Corp. 6.75 er .89 Silverfields 2.00 Sherritt Gordon 16.50 42 Silver Miller .03 11.75 Steep Rock 3.10 Mine 1.80 Siscoe 2.05 es .25 Tek Corp 5.75 .09 Texmont .56 .69 Upper Canada 1.40 50 00 Western Mines 4.00 Wright Har. 1.65 Mine 1.30 Willroy 1.45 ic 1.05 windfall 12 n 5.70 Yellowknife Br. 4.90 1.29 .10 K STOCKS n, Securities of Canada jrd 20 Golds 143.93, off .88 57.25 10 B Mets 9D.5S, off .32 J. 56.75 15 West Oil 135.46, up 1.78 115.75 Volume NEW-YORK AVERAGES 30 Inds 712.28, up 7.67 c 62.00 20 Rails 146.0S, off .77 33.37V2 15 U.til 103.54, Up .12 AVERAGES 65 Stocks 231..6-1, Up .23 4, off .19 Volume Prices EDMONTON (CP) Prices lo 11 a.m. provided by the Al berta Hog Producers'- Market ing Board: Edmonton: Quoted 28.53 to 28.60, selling 28.55. Tuesday average 28.60. Calgary: Quoted 28.55 to 28.65, Tuesday average 28.60. Red Deer: Quoted 28.55, selling 28.55. Tuesday average 28.66. Lethbridge: No sales. Tuesday average 28.62. Total hogs sold to 11 a.m. 487 Total hogs sold Tuesday Provincial average 28.61. Prices Winnipeg Grain Prices WINNIPEG (CP) A sudden increase of trade in oilseeds left prices generally higher at the close of the Winnipeg Grain Exchange today. Trading in all other commodities was light with a drift to lower levels. Oilseeds were on a similar drift until the final hour of trade. Hapeseed trade considered of local and commission house selling but little exporter interest. Flax had mostly light offers with some buying interest. Rye had some exporter trade b ut was mostly-inter-month spreading. Oats and barley were generally Inactive with prices near previous close levels. Tuesday's volume of trade included bushels of flax, of rapeseed and of rye. Export wheat loadings Monday and Tuesday included bushels to Russia, to Japan, to China and to Peru. Lakehead prices for class two and IGA wheat were all down cent. Prices for class two wheat for export to countries outside IGA: 1 Nor 2 3 4 1.51; 1 Durum 2 1.70 3 IGA prices: 1 Nor 1.7314; 2 1.7014; 3 4 .51; 1 Durum 2 3 High Low Close Flax Jly 278% 273% 277% Oct 274 27014 273% Nov 20714 .264% 266 Dec 266 262 265 la Rapeseed ,Ilv 303% 2B8 303% Nov 2-16% 246% Jan 239% 235 239% Mar 235% 23! 14 235% Oals Jly Clis Against Simon F VANCOUVER (CP) An investigating committee of the American Sociological Association has recommended dismissal charges be dropped against eight suspended professors at Simon Fraser University in suburban Burnaby. In a telegram to the university Tuesday, the three iran committee said dismissal proceedings should be halted against professors Kathleen Aberle, Saghir Ahmad, Mor-decai Briemberg, Louis Feld-hammer, John Leggett, Nathan Popkin, David Potter and Prudence Wheeldon and that an investigation of academic freedom and tenure be conducted at SFU. The eight were suspended by SFU president Dr. Kenneth Strand last November following a 10 day strike to protest reorganization of the political science, sociology and anthropology department. Prof. Popkm's disinis sal hearing has already begun, six others are set for June 22 and the date for Dr. Aberlc's hearing has yet to be established. "Our reasons, which are explained in our full report, are that the document under which they are being charged is itself beii'.g revised, that the charges involving various kinds of contract violations are of dubious tenability because of Be Dropped raser Professors ating circumstances which make dismissal a clearly excessive penalty for the behavior with which they are the committee's telegram said. Members' of the Investigating team were Prof. Johj Potter of Carlton University, Ottawa; Prof. Gross of the University of Washington and Prof. Richard Flacks of the University of California al Santa Barbara. Futures WINNIPEG (CP) Trading was light on (he Winnipeg Live Beef futures Market today with a few transactions at 12 points under previous close. Open High Low Close Mon Jlv 30.75 30.97 Sep 29.00 23.00 Nov 28.80 28.80 Jan 29.50 29.50 Home Ca Opposed EDMONTON (CP) It is less costly to extend present hospital facilities and staff to give care in the community than to set up another layer of health care institutions, says the executive director of the Canadian Hospital Association. Dr. B. L. P. Brosseau of Toronto said the CHA does not approve of development of home care programs under public health departments, as recommended in reports of the recent federal-provincial study on costs of health care in Canada. "They will result in a duplication cf facilities and uneconomic use of scarce health lie said, in his annual report which was released Tuesday. The report will be delivered today when the association opens its annual convention. During lire three-day convention, delegates are expected to approve several resolutions concerning the federal-provincial reports. TO DEBATE STUDY At today's sessions. Dr. Stanley Haidnsz, parliamentary secretary to Health Minister John Munro, and V. H. Chadwick. board chairman of t he Royal Columbian Hospital, New Westminster, B.C., were to debate some of the study's recommendations on hospital cost savings. James McNulty, parlianicn-ary secretary to Labor Minister Bryce Mackasey, was to deliver a speech on behalf of the minister, unable to travel to the convention because of a back Plans By CHA Tuesday, about 350 hospital administrators met to establish a new organization, the Hospital Administrators' Council of Canada. The new association plans to develop and promote educational and professional standards for administrators of hospitals and other health agencies. Dr. L. 0. Bradley of Toronto, executive director of the Canadian Council on Hospital Accre-dition was elected president of (lie new group. Dr. L. R. Adshcad, president of the CHA, was elected first vice-president of the council. He is executive director cf Foothills Hospital. Prices WINNIPEG (CP) The Maritime Potato Futures Market was inactive tcdr.y with a fc11.1; trades at two poinls over 10 two points under the previous close. Open High Low Close Mon. Nov 2.18 2.18 2.20 Mar 2.62 2.62 2.60 Barley Jly 110% JlO'.i llOli Dcc 110% Kyc Jlv 90% Oct 104% KMlz Dec 106% 106% Alberta 3 of Technology GARY, AlBERTA JNICATIONS IICIAN ons training, equipment per-wave, subscribers equipment, eehanisms, etc. Assists in the ct.-ontcs equipment for instruc-ust have a diploma in Elec-or Journeyman status with Salary to per ill depend upon experience. Closes Juno 12, 1970. ce and applications to; NT OF ALBERTA MINISTRATION OFFICE in J. Bowlen Building 9 S.W. berta. Sout Value MONTREAL (CP) U.S. dollar in terms of Canadian funds down 3-16 to SI. 03 5-16. Pound sterling down 7-16 to 13-16. NEW YORK (CP) Canadian dollar up 13-64 at 96 J3-16 in terms of U.S. funds. Pound sterling up 3-32 at CAL TELECOMMl TECHN Maintains telccommunical taining to radio, carrier, micrc step and crossbar switching n design and modification of elc tonal purposes. Applicants m Ironies or Telecommunications a telephone or telegraphy co annum and startinq salary "A Competition No. 2213-C-3. Enquiries, AT HIJACKERS ROME (Reuters) Senator Michele Cifarelli introduced a bill in the Italian parliament Tuesday which woulfl punish ail-piracy with a minimum sentence of 10 years and a maximum of life FOR RENT GOOD LOCATION ON 5th STREET SOUTH Suitable for shoo storo or ladies' wear store APPLYi Stan's Men's Wear 321 5th St. PERSONNEL AD HpiM Room 1101, Jo 7th Avenu HMMP' CALGARY 2, ;