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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 5, 1970, Lethbridge, Alberta Friday, Juno 5, 1970 THE LEIHBRIDGt HERALD 21 MISCELLANEOUS QUOTATIONS Vancouver, Calgary, Montreal I Supplied by Dohcrty, Hoadhmisc and McCuaig, Market Falls In Early Trade a. WESTERN OILS J.AST BID OK SALE a.m. today. An active raposml trade di TORONTO (CP) Thc To-1 notes by one-quarter oi one per rontb stock market fell sharply j cent, the second such reduction .in light mid-morning trading I this week. today. On index, industrials Noranda, which has acquired werei the Newton, Conn., copper-lube down 2.29 to 152.75, golds .10 to 142.31, base metals 1.88 to 90.JI3 and western oils 4.15 to 132.11. Stocks fell under pressure from'Wall Street, which began a steep decline in late trading Thursday. Analysts said the sudden weakening was caused by long manufacturing plant of F. W. French Tube Co., was off to 26 V4. International Utilities declined 1 to Consumers Glass 1 Lo 17. Alcan to Consoli-1 dated-Bathurst ki 14 and w Kamloops Copper J.75 MUTUAL FUNDS Lornex A.G.F. Special 2.10 2.20 Lyiton Min 6.QS 6.65 Madrona 7.08 7.74 New Cronin 3.16 New Imp Mines J.27 4.6? Okanogan Hel 4.E3 5.31 Primer 3.93 J.31 Siived Std..... 5.10 5.40 T.C. Ex 15.00 3.50 6.50 '.32 .30 7.25 13.37V3 .56 Grain Price Review Trading i appeared mid session. was light in commodities !u-i t, h sonic i-arly being' prices generally alflost. The trade was mostly1 lo-! the close oi' (.jrainieal and ru minimum house. Max ulso had a light luntl and hon.se Inuie; with .soir.e buying iiHcresi. Oats, harlcy and rye liad a j nominal trade with V i c e s I steady. j j Volume u! trade Thursday in I eluded hushels oi' oi rape.sced ami rye. lixport loadings of OTTAWA (CP) The fed- utiea! ir.cludofl commission on restrictive to to [trade practices has found 14 to IV-ru ar.d ;ity.- business' form manufacturers Jamaica, acted lo control prices and re- price.-; for duce competition in the indus- i two wheat and KIA wheat try, Corporaiion Affairs Minis-; down :ih cent. tor Ron Ba.sfoi-d reported Priccij I'or trlas.s tv.o wk'iit today. 'for export (o corn tries outside He said in a news release the KJA: i Nor 2 l.GlK; report of the commission would ;1.G1U; 4 1.50la; 1 Durum be turned over to the justice 2 UO'.K: :i i.GOU: 1GA deoartmenl for a determination ;prices: I Nor 1.72-s: 2 j THE BETTER HALF By Bch Barnes Price I Allege- 3.20 96.00 1175 14.50 2.00 13.371. 35.50 47.00 11.02 12.06 Tex Com'onwealth L 2.79 3.06 Trojan 8.50 Corp In 4.78 5.23 Western I 3.1f) Dreyfus F 9.E6 lO.fll West Rps 8.05 Northwest Fin 3.J5 3.78 West Ex S.25 Northwest Gr 4.38 Utica All Cdn Com All Cdn Div Al Cdn Ven Amer Gr F Cdn Gr Cdn In F Coll Mut 7.25 1.65 .30 18% Mean -V, to Canadian dropped 7.32 points to 689.21, Industrial Gas to 8 and Do-! issues on the New fasco Vi to Mattagami was down Hi to 24. Bankeno SO cents to Ranger 70 cents to and French Pete 40 cents to LIGHT TRADE The Montreal stock market moved broadly lower in ex- tremely light trading early to- day. Banks led the decline after recording substantial gains Thursday. Bank of Commerce was off -14 to Royal li to 21, and Montreal to ISli. Industrial Acceptance, u n- changed at announced a cut in interest rates on secured York Stock Exchange led win- ners by a margin of nearly 10 to 1. Trade, which had been brisk near the start, was slower though still active. The Associated Press 60-stock average was off 3.9. Prices included White Motors, off Hs at and Litton, oif.l at 19'A. Among Canadians. Mclntyre Porcupine fell a, Inco 3i, Distill- ers Seagrams and Alcan V2. Dome rose On the American Stock Ex- change, Brascan Ltd. and Cana- dian Javelin each dropped !i and Jupiter Corp. Vn. TORONTO MINES, INDUSTRIALS Supplied by Richardson Securities of Canada "A fi-jt-'ooled, 40-year-old baie'ral! catcher has: more iuc-'. stealing 'name than 1 do." hat court proceedings, it '3 1.61' any. are warranted by the evi- 1.73' dence." 1 Lethbridge Livestock IIo" Prices 2 1. High a.m. Quotes) INDUSTRIALS LAST BIO OR SAKE a.m. QUDTGS) Colleses-Umversities Partnerships Suggested MEDICINE HAT (CP) Al- berta's universities should ac- inio four-year liberal arts col- leges, with the others maintain- ing their two-year status." major universities cept colleges as partners in a comprehensive education sys- tem, tlie president of the Medi- cine Hat College told the Worth I the province can provide ail Commission -on E d u c a tional I the research and facilities for Planning Wednesday. Dr. Neville Matthews ur, m> o r c co-ordination between universities and colleges, even to the extent of having one gov- ernment commission dealing with both types of institutions. At the least, an accreditation agency should be established to eliminate confusion now char- acterizing college-university re- lations, particularly in the field of transfer courses, he said. Such an agency would help each college gain nwre auton- omy from the specific univer- sity it is affiliated and give college students more freedom in choosing universi- ties. Questioned about the pro- priety of colleges aspiring to become universities. Dr. Mat- thews said "two provincial col- leges should be transformed QUALITY DENTURE CLINIC 324 Stfi St. S. Ph. 328-7684 Above Capitol Furniture EDDY DIETRICH, C.D.M. post-graduate study now need- ed." He suggested the new univer- sity proposed for St. Albert should be established as a four- year liberal arts college rather than as a university. In keeping with colleges' avowed aim serving unique regional needs, an aim that should be pursued, a regional co-ordination board would be a valuable addition to the pres-; ent college system, he said. Abilibi Alcan Algoma Steel Atco Inrf Allan Sugnr Bell Tel Brazil Trac B.C. Tel B.C. B.C. Sugar CAE Ind Cdn Brew Chemcell Cof Cellulose Cal Power Coron Credit CWN Gas Cdn Indus! Canada S S Cdn Vickers Chrysler CPR Corninco Cons Bath Cons Gas Dist Sea Don Bridge Dorntar Dom Textile Dom Stores Dome Pels Farn Play Fri of Amer Gt Cdn Oil Gen Motors Gt Lakes Pap Gulf Oil Cda Hawker Sid Huron, Erie Hiram Walk imperial Oil Imperial Tob tnl Mickel Int Pipe Inv Gp A Int Utilities Indusr Accept LauredHde Kelly Doug A Losb Loblaw A Metro Stores Aflassey Ferg McMillan Moore Corp Molson's A Molson's B North, Cent 8.75 mbin Corp Pp Po> 5.75 Prici 4U7V2 Rothmans 13.87V2 Shell CDA 56.75 Simpson's Simp Sear? 23.00 Steel of CE 16.87V2 Selkirk A 4.30 Texaco 6.75 Traders Gi Trsns Mln 5.25 Trans Can 20.75 Union Gas J.20 Ur.icr, Oil 10.00 Versatile Mfg 9.B7V2 Westeel 19.50 Union Car Weston's B Woodward's A West Cdn So1 Elec Can Imperial Nova Scotia 12.75 12.75 11.75 18.25 7.00 East Malarlic 6.25 22.00 56.00 1. IK) MINES Asb. 12.50 J8.25 9.25 43.00 3.70 69.25 17.00 IS 15V- 16.00 15.75 13.00 29.50 IB.87V? Conwest Cons. Rambler 22.75 coin Lake 13.-0 Cochenour 3.80 Crakjmont S.B7Vi Dickenson Mine Dc-nison Mines S.37Vi Deer Horn la 00 D'Eldcna 10.75 Dome Mines 33.50 Donalda..... 30.12VJ INscovery Mine Acme Advocate Akaitclio Area Mines Belcher Iron Slack Bay flroulan Bethlehem Brunswick Canada Tung. Cassiar Central Pal. Fakonbridge Frobex First Maritime: Gior.t Y.K. Headway R.L. Hollinper Hud. flay M-S Hydra Ex. Highland Bell Iron Bay ISO Joliet Quebec Kerr Adclison Key Anacon Labrador UcitCil Langis Silver Macassa W.adser, R.L. Malartic G.F. Martin McNeel Maybrun Maclntyre A-'eta Midrim Intern Mogul 1B.37W Wew Alhona New Calumet 18.75 New Imperial Noranda Norihpafs Opemiska Osiako....... Patino 9.2S 15.75 20.00 30.75 10. DO 21.50 1000 21.25 15.00 2.15 2.00 .03 lint Man 2.26 1.35 4.25 P.C. Exp. Quebec s Rayrock Rndiore Rio Algom Sitverfields Sherritl Gordon Silver Miller Steep Rock Siscce Tek Corp..... Tpxmont Upper Canada Western Mines Wriaht Har. Wiljfoy Windfall Yellowhnife Sr. Zenmac..... 132.00 .27 7.25 11.00 26.75 22.25 .22 2.SO 2.65 1.55 27.00 1.75 9..15 '.IS .23 2.06 26.75 12.75 13.25 .30 33.50 ,31 29.00 17.00 7.00 1.66 17.00 .OB 2.02 S.'fi EDMONTON Prices ip U a.m. today supplied by the Alberta hog producers market- ing board: Edmonton: Quoted 29.75 to 29.80. Selling 29.80. Thursday's average 29.73. Red Dscr: Quoted 29.75. Thursday's average 29.50. Calgary: Quoted 29.90. Sell- ing 29.90. Thursday's average 29.50. Lethbrid.ee: Quoted 29.85. j selling 29.85. Thursday's aver-in age 29.47. Lloyd minster: No sales. Flax Jly 2.78 lOd 272-i Nov head of replace- Sale starts at Rjipesecd Jly 306-.; Ncv i Jan 24S Mar 24P.-2 Oals Jly Get Dec Uarli-v Thursday's average 29.80. j Grande Prairie: No sales. iNV) ;Dgc sales Thursday. Total hogs .sold to 11 a.m. I 251. Total hogs sold Thursday Provincial average 29.6ti. Sows 21.89 at all points. Rye 104': 106 100 KM1- U W1. a tu medium !2" lo depending on feeder :weight. Guud ttt'er ealvo.s j37.50 to heifer j calves lo i Xo butclTr calve? f 93.549 and 5.91 per j .v. Week, same amount 1 98.443 and 6.34 Qllt-Of-PrOvinCe PatiejllS Refjf Futures WINNIPEG (CP) The Win- nipeg live beef futures market had light trading with some contracts executed at prices from previous close levels to 10 points higher in the July and -September futures. Open High Low Close Wed. Jly 30.BO 23.00B 30.50 Sep J9.00 29.00A 29.00 Nov 28.80N 28.80 Jan 29.00A 29.00 Potato Prices WINNIPEG (CP1 The Mar- itime! potato futures market was inactive today wih some offers at previous close levels but no buyers. Open High Low Close Wed. Nov 2.3SN 2.35 Mar 2.62N 2.62B ins Cut Freight Rate I DIES Dr. Hjalmnr Schaclil, 93. former German Finance Minister under Atfolf II i 11 e r's regime, d i r if Wednesday in Germany of complications from n fall lie suffered last week it was re- ported today. VANCOUVER iCPi will probably find iLs own in- ternational exchange level three or four weeks. Dr. Erhard told a news con- ference at the start of a two- day visit to the city that Can- ada might well decide to !a the exchange rale of its cur- rency after it does gain inter- national stability. "I have nothing against a float ing exchange he said through an interprets'. makes for much less rigid- Smithj ity m economic relations Transport and CP Transport announce reductions of 10 to 35 per cent in freight charges on small shipments between west- ern Canada and Ontario. The rates go into effect June in. cutting the minimum charge by 20-35 per cent on shipments up to 100 pounds and by 10-35 per cent on loads up to i For example, a 100 pound shipment between Vancouver and Toronto will he carried for down from S14. A 500-pound {.shipment will go for down from S37.45. with other countries.'1 Dr. Erhard said he agreed with the government's move, since lie has ''always put the principle of stability before that of expansion at any price." The former chancellor is concluding a day Canadian tour before returning to West Germany. He has been ad- dressing political and econom- ic conferences in eastern Can- ada this verk and is to speak lo the Canadian Economics As- sociation tonight on German economic advance. and yield of 98.549 and 5.91 per cent. Last Week, same amount j and cenl 182-day: at 97.129 and 5.93 per cent. Last week, same amount and term. 96.931 I and 6.35 per cent STORE FOR RENT GOOD LOCATION ON Sth STREET SOUTH Suitable for shoe store or ladies' wear store APPLY: Stan's Men's Wear 321 Sth St. S. SMALL OFFICES FOR RENT EACH PER MONTH SECRETARIAL SERVICES ALSO AVAILABLE Contact PAHULJE CONSTRUCTION LTD. 2618 S, Parkside Drive Phone 327-6747 EDMONTON (CP) 'Hie Ca- nadian Hospital Association will i ask thc federal government to j consider changes in the federal I Hospital Insurance and Diag- I nostic Services Act that woiild i permit a simpler system of bill- ing in relation to oiit-of-province j patients. A resolution to this effect was mation program is a computer- ized system of 137 specific sta- tistics for groups of hospitals. It permits t hem to gauge them- selves against statistical norms and make comparisons about i their efficiency. Delegates also approved a f resolution asking the association passed Thursday at the associa- tioirs annual meeting. I E. N. Stefanuk. CHA assistant executive director, said under the present system hospitals must either bill out-of-province residents directly for treatment! or bill thc other province. Under a simplified system, hospitals could bill their own provincial; insurance scheme directlv and to approach the federal depart- ment of veteran's affairs to make available for general pub- lic use any D.V.A. hospital facil- ities not now being used to ca- Dollar Value MONTREAL fCP) U.S. dol- linR down U to S2.47 5-16. WEEKEND SPECIAL! 9P-4B2-I ONtY BRAND NEW i 1969 DELUXE EPIC SL 4-speed transmission, 83 h.p. motor, beautiful red finisii ONtY DOWN AND 70.10 PER MONTH On Approved Credit Even Uss With Trode Regular Retail Now Only BENY CHEVROLET OlDSMOBILE 2nd Ave. and Sth St. S. Phone 327-3147 second province, possibly on a i once-a-year billing. Another resolution' called for I i i extension of the Hospital Infer- j mation System, a joint program i NEW YORK (CP) Cana-: run by thc CHA and the Domin-! dian dollar up 11-M at 97 11-16 j ion Bureau of Statistics. j in terms of U.S. funds. Pound i Mr. Stefanuk said the inior-1 sterling up !i at 1-16. SERVICE STATION FRANCHISE AVAILABLE An opportunity to own your own business in the City of lethbridge Applicants require Managerial ability Approximately Alt replies kept in strict confidence WRITE BOX 37, LETHBRIDGE HERALD MAG Diamond Merchflnt1; Jewellers In LETHBRIDGE: 613 4th Avenue South Phone 328-4214 ;