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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 8, 1973, Lethbridge, Alberta s s Stocks advance at mid-morning TORONTO (CP) AH sx- lors of the Toronto stock mar- ket, except golds, advanced in moderate mid-morning trading today. The industrial index, consid- ered the major indicator of market trend, rose 1.24 to 210.67, base metals .21 to 97.5J and western oils 2.06 to 2i'j.78. Volume by 11 a.m. was COO shares compared with COO at the same time Thursday. Advances more than double declines, 165 to 71, while 174 is sues were unchanged. Oil refining, paper and fores' steel and communication stocks were among gaining sectors the market. Only the genera manufacturing index decline and fee food processing inde was unchanged. Imperial Oil rose "s to Walker-Good'srham to Pacific Pete to Oca dental Pete to an Granfton Group to Reitman's A fell to and GSW A Vz to Gibraltar gained to Tara Va to Falconbridg Copper Vs to and Kerr Ad ciscn VB to Camflo fell V cents to and Mclntyre to Numac was up 3 to Pan Ocean to JlS'A and Houston five cents to Can ada Geothermal lost 10 cents to rial Oil to and Walker- Gooderham and Worts to while Andres Wines dropped IVz to On the Canadian Stock Ex- change, Ambassador Develop- ment was cff 15 cents to en shares. MONTREAL (CP) All sec tors advancjd in light trading on the Montreal stock markei today. Combined volume on the Mon treal and Canadian stock ex changes at 11 a.m. was snares, down from shares at the same time Thurs- day. Industrials gained 1.70 to 229.22, the composite 1.27 to 217.06, banks .85 to 257.88, pa- pers .70 to 117.50 and utilities .02 to 150.63. On the Montreal Stock Ex- change, Stelco rose IVs to Texaco Canada p to Impe- CALBARY POWER ANNOUNCEMENT M. M. Williams The Board of Directors of Calgary Power Ltd. an- nounces the appointment of M. M. Williams as Pres- ident of the company. Mr. Williams was for- merly Executive Vice-Pres- ident. NEW YORK (AP) In- vestors anticipating strong ac- tion by the Nixon adminis- tration to step inflaton pushed stock market prices broadly higher today. Among Canadian issues listed on the New York Exchange, Al- can was up to Seagrams to Hudson Bay Mining to and Walkers to Inco lost Vi, to and Dome Mines VB to Grain prices Winnipeg grain WINNIPEG (CP) moved in a narrow range in active trade at mid-session to- day on the Winnipeg Commod- ity Exchange. Flax prices were six cents lower in the nearby months, but the more distant months were near Thursday's close. Rapeseed was mixed and most prices moved only fractionally, was mixed but changes were small. Barley was unchanged to lYt higher, while rye moved fractionally lower. Thursday's volume of trade was bushels of flax, of rye and of rapeseed. MID-SESSION Flax: July 6 lower 6.08; Oct. 6 lower 5.72A; Nov. 1 lower 5.55; Dec. unchanged 5.28A. Rapeseed Vancouver: Jun higher Sep. Vt higher 4.61V4B; Nov. 1% lower Jan. 2 higher 4.50B. Rapeseed Thunder Bay: July unchanged 4.59A; Oct. 1 higher 4.45A; Nov. unchanged 4.29B; Dec. not open. Oats: July IVe higher Oct. 1% higher 1.27; Dec. 1% "ower Barley: July unchanged Oct. 1% higher 1.90V4A; Dec. 1 higher 1.86B. Rye: July lower 1.90A; Oct. Ve. lower Dec. un- changed Grain quotes Thursday (ba- sis High Low Flax ly 597 Dct 579t4 562 5XVz Dec 531% 519 Rapeseed Vancouver un 475% 453 Sep 478% 457% Vov 474% 455 469% 448 Sod-turning for Glenwood cheese factory Ned Davis, far left, and Bryon Smith, far right, join new Glenwood Cheese Factory, with unidentified agricultural officials to turn sod for Ihe New cheese factory SHERLEEN HUNTER photo Glenwood leaps forward Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty, McCaaig limited) LAST BID OR SALE (II a.m. Quotes) WESTERN OILS AND MINES Close 614 578 556 528 an 467 461 456% 448 Rapeseed Thunder Bay 476JA 'Ct 460 fov ec 406 Oals ly 126% ct 126 2C Barley !y ct ec 187V4 Rye ly 191% Ct 195% 192V8 459 444 395 123% 123 193% 189Vi 134% 185% 187 185% 459 444 429 395 I'27% 125% 196% 185 190% 191% 189% Albany Oils Alta East Gas Alminex Asamera Ashland BP Canada Brenda Mines Can South Cdn Ex Gas Cdn Homestd Cdn Ind Gas Oil Cdn Long Is Cdn Super Charier Oils Chleftan Dome Pete Dynasty Fort Reliance Giant Mascot Granisle Gt Plains Gt Cdn Oil 5 Lochlel Lytton MIn Noble I'Jnes North Cdn Oils Numac Pancdn Pete Pan Ocean Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Seibens Spooner Total Ulster West Pete W. Decalta MISCELLANEOUS INDUSTRIES Acres Ltd Aqultalne BC Sugar Pfd Block Bros. Cdn Brew A Cdn Brew B Cdn Pacific Inv cresfbrook ind Crowsnest Ind Quotes) 7.75 7.75 13.25 6.25 16.2S 40.50 37.00 19.00 42.75 52.00 45.00 6.80 825 4.75 910 12.50 300 29 (11 a.m. Cygnus A Cyqnus B 1.22 Falcon Copper 7 85 F and M Trust Genstar 9.05 Home A Home B Hud Bay Co 5.60 Hud Bay Oil 4.05 Hud Bsy A Pfd 3.30 Hugh Russell 6.45 Husky Oil Husky B Pfd .20 Husky D War 46.25 Husky E War 4.00 Hys of Canada 10.00 Inter Prov Pipe 23.00 Inter Prov Steel 6.05 Kaiser Res .29 Loblaw C Pfd 2.80 Magnasonlcs 10.00 Pacific Pete 27.00 P W Air 8 40 Pe-Ben Oilfield 2.03 Rainier Inc 1.43 Royal Trust 1.10 St. Maurice Cap 6.6O Sandwell Teledyne 13.SO West Cdn Seed 13.25 Westfleld MIn 1.17 Westfleld War ,19 Weston A Pfd .59 White Yukon PIPE LINE STOCKS Alta Gas A 16.50 Alta Gas Pfd 11.75 Alta Nat Gas .45 Inland Nat Gas 6.90 N and C Gas 1 02 N and C B Pfd 5.67 Pacific Trans 5.05 Gai Metro Gaz Metro A Trans Can Plpr 13.50 Tr Can A Pfd 21.75 Tr Can B Pfd 15.00 Tr Can War 2.65 WC Trans 24.50 WC Trans War 30.25 CALGARY 26.75 Barons Oils (11 a.m. Quotes) VANCOUVER MINES Afton 7M Atlas Explcr .53 Bath Norse .78 Croyden .04 Dankoe 1.90 Davenport .461 Dolly Varden .32 Equiterlal Res .la Lornex 9.25 Primer .12 25 Pyramid .15 Silver Standard .80 Valley Copper 9.50 INDUSTRIALS Col Brew 2.75 Indust .27 Wardalr 2.30 OILS North Continental 29.50 Western Warner 10.00 PRP Explor 1.47 2725 Plains Pete .il 9.75 Ponderay Explor l.oO 6.15 Stampede Int Res 1.3d MUTUAL FUNDS .95 All Cdn .Com 7.F 3.35 All Cdn Dlvld 7.42 J.I 4.25 All Cdn Vent 3.47 3. 5 Amr Gr F 5.J3 5. 1.17 AGF Special 2.53 .02 Cdn Invest F S.OO 5.4 62 00 Col Mutual 5.34 1437ViCmnw Inter 14.8516.3 Cmnw Lev 3.76 4.1 1375 Cmnw Vent 7.13 7.84 Corp Invest 6.05 6.44 20 00 Corp Invest St F 4.86 5.3 10 Dreyfus F U.S. 10.55 11.54 10 00 Great Pacific 4.47 4.89 2200 Gr In Shares 3.54 3.90 Gr Equity 7.64 1.3 425 G F 11.95 13.0 6450 Invest Mutual 6.1 34.87V? Mutual Ac 5.81 6.3 6400 Mutual Gr F 3.44 3.7 Nat Res 7.56 8.3 N W Cdn 5.45 5.99 N W Gr 4.73 5.25 Principal Gr 4.J3 4.64 Royfund 6.48 6.7 Temp Gr 8.57 9.3 djiA United Ac 5.44 Universal sav 7.51 8.2 S.74 6.31 .37 Vanguard 6.10 6.69 41.00 7.0S 17.25 3.00 WANTED! INDUSTRIAL PROPERTY LEASE BACK Large, responsible Western Canada Company would liVe to lease a warehouse and offics building of approximately square feet in Lelhbridge area. Would be prepared to sign long term lease. New cost of land and buildings es- timated to be in to range. Who would like to own this type of property end lease it back to ui? Apply To BOX 125, LETHBRIDGE HERALD DIRECTOR OF NURSING For a modern', active 34 bed general hospital, 100 miles from Edmonton on one of the main highways north. Preference will be given to applicants with N.U.A. course and supervisory experience. Personality that allows for firm but fair relationship with employees, medical staff and community. Please state qualifica- tions, experience, references and salary expected when applying to; ADMINISTRATOR WHITECOURT GENERAL HOSPITAL BOX 1080 WHITECOURT, ALBERTA Toronto mines, industrials (Supplied By Richardson Securities of Canada) LAST BID OR SALE a.m. Quotes) MINES Acme Advocate Asb. Akaitcho Bralorne Broulon Btthietietn Brunswick Can. N.W. Land Cinadl Tung. Casslar Central Pat. Chlmo Con west Cons. Rambler Coin Lake Cochenour Craigmont Dickenson Mines Denlson Mines Horn D'Eldcna Dome Mines Donalda Discovery MInei Eest Malartlc East Sullivan Falcon bridge Frobex First Maritime: Giant Y.K. Granduc Hollinger Hudson Bay Hydra Ex- Iron Bay Iso Jolitt Quebec Kerr Addison Key Ancccn Labrador Lake Short Langls Silver Madsen R.L. AAalartlc C.F. Martin McNeely wiacintyre Mela Mldrtm Intern Mogul Nu West Homes New Athona New Calumet W. Horse Copper Noranda Northgati Norltx .13 1.10 1.18 2.15 .41 14.50 e.70 1.60 10.2S 1.15 1.31 3.80 .20 1.16 t.SS 4.00 29.75 .OS .3? 92.00 Quotes] .22 29.00 26.75 275 (11 a.m. Qsisko Pine Point Placer Dev. P.C. Exp. Quebec Man Rayrock Radiore RIO Algom Roman Corp. Sherrltt Gordon Steep Rock Tek Corp. Texmont Upper Canada Western Mines Wright Hargreaves 1. Willroy 1.09 Windfall Yellowknlfe Bear Zenmac (11 a.m. Quotes) Cable 1-1.25 Glendale 9.75 Grt Cdn Oil 8.40 Gen Motors 67.50 Great Lakes Pp 21.75 1.31 Gulf Oil Cda 3325 Greytwund 2450 Hur f. Erie 28.00 Hiram Walker 52.00 Imp Oil 39.25 Imasca 30.00 Int Nickel 29.00 Int Pipe Inv Grp A 9.12V3 Int Util Ind Accept Kaps .Uvi Laurentlde 3.45 Kelly Doug A .12 Loeb 15.25 1 54 4.30 .22 2.M 305 INDUSTRIALS AbitibI Alcan 1.21 Algoms Steel 3.90 Atco Ind 2.45 Atlantic Sugar 71.50 Agra Ind .11 Bell Tel .42 Eraiil Trac 7.60 B.C. Tel 3.65 Burns .44.00 B.C. Forest 22.75 B.C. Sugar .37 Bow Val Ind 3.70 CAE Ind 2.12 Cdn Brew .23 Chemcell Col Cell .22 Calgary Power 42.00 Coron Credit 3.15 C.W.N. Gas Pfd .08 Cdn Ind Cdn Marconi 1.05 Cdn Vlckers .40 Chrysler J3.00 C.P.R. .13 ComJnco .13 Cons Bath 12 00 Cons Gas 8.50 Dist Seagrams .17 Dom Bridge .26Vi Domtar 3.15 Dom Textile Dom Stores 5.25 Dome Pete .30 Dofasco 29.00 17.00 11.00 6.50 13.7S 43.00 18.75 Yorfe stocks Amr T and Anaconda Beth Steel Cormat Dupant GM Culf Int Harvister Copper By S 1.37tt Sears X-Ron 29.50 Texas Gulf 27.25 Texas Co 44.75 WlcktS Corp 167.50 Wootworth 17.37VJ 11.75 6.75 495 21.00 19.25 30.00 5000 25.75 8.00 14.62VJ 11.25 19.50 17.75 1300 30.75 co'on 16.25 20.75 34.75 12.62V3 7.70 15.50 20.25 JS.GO 5.50 2.65 29.87Vt 18.12V3 32.00 32.00 98.00 20 Golds 281.99 off 3.70 97.87V] 10 Bate Met 97.87 up .51 22.75 IS W Oils 117.M up 3.14 Volume 17.7S NEW YORK AVIRAOfS 24.00 30 Indust up 11.14 L061 aw A m Mst Stores Massey Ferg McMillan Bloc Moore Corp Mclsons A Molsons B Nachurs North Cent Power Corp Price Co. 16.75 Rothmans 16 25 St, Law Corp 19.75 Shell CDA 26.50 Simpson's simp Sears 4.45 Steel cf Cda 4.15 Selkirk A 3.80 Texaco 24.87ft Traders Grp A 1.60 Tr Mm Pipe 1075 Trans Cda Pp 15.00 Union Oil 375 United Slscoe 11.50 Versatile Mfg 27.00 Westeel Union Carb Weston's B 21.50 Woodward's A 15.75 West Cdn Seed 38.3VA Zenith Elec 34 50 BANKS Cdn Imp 8 00 Montreal 14.25 Nova Scotia Royal 26.00 Tor-Dom Elec 35.00 20 up l.M 23.75 U.S. 31.75 ,j 107 JO UD J9 23.37VJ Gen Tel Elec TORONTO AVIRAOIS J8'-u UP Montgomery Ward I9.oo 20 Indust 211.30 up 1.17 Volume By SHERLEEN HUNTER Special Correspondent GLENWOOD villag of Glenwood, a little farmin community, took a giant ste forward recently on the road progress. Glenwood has been known fo 32 years for the finest chedda cheese in the country; prov en by government tests year after year foat never go below 99 per cent (this year the reached 99.7 par The demand for Glenwooi cheese has been so great tha they haven't been able to kee up with it for some time. So action had to be taken anresent factory and is the one nainly responsible for the first ate quality of Glenwood cheese over the years. He commented, "I guess you iave to expect change and get used to it. We certainly hope o keep up the quality of cheese hat we have been producing." With Ned at the helm that houldn't be any problem. Archie Leavitt said, "I guess 's going to he great; it's been ceded for quite a while. We an't keep up with the orders s there's no room for the ad- itional milk. We had to turn way milk producers re- ently." When the people of Glenwood eed a change they get to it. Need fcr a larger factory be- ame apparent just over a year go, and these enterprising men xpect to be in the new build- ing in about 2% months. While other small commun- ies are becoming ghost towns nd crying about it, Glenwood is doing something about urvival and growth. About three years ago these people had town water and nat- iral gas installed and hope to ave the town sewer in soon. They realize without these modem conveniences they will go the way of so many of our fine communities, just a mem- ory and so many empty build- ings. The people of Glenwood re- fuse to let this happen to them and they are rolling up their sleeves and doing something about it. The ground- breaking was well attended. Most of the vil- lagers and students were there. The factory employs four men at present, Ned Davis, Archie Leavitt, Don Ziffle, and Ronald Smith. With the new plant and add- ed milk they will soon be able to add to the staff, thereby cre- ating jobs as well as more fine cheese. Hog prices EDMONTON (CP) Aver- age prices to 11 a.m. provided by the Alberta Hog Producers Marketing Board: Edmonton: No sales; aver- age Thursday 44.76. Red Deer: 43.80; average Thursday 43.60. CALGARY: 44.05; average Thursday 43.50. Lethbridge: No sales; aver- age Thursday 44.27. Lloydminster. No sales; av- erage Thursday 43.67. Fort Macleod: No sales; av- erage Thursday 44.50. Total hogs sold to 11 a.m. 218. Total hogs sold Thursday, 285; average 44.43. Sows aver- age 34.80. Calgary livestock CALGARY (CP) Receipts to 11 a.m. from the Calgary Public Stockyards show sales of 850 head, mostly cows and replacement cattle. Trade was active. There were insufficient slaughter steers or heifers on offer to establish quotations. Cows and bulls sold firm, qual- ty considered. Cows Dl and 2 35 to 36.70, D3 33 to 35, 29 to 32.50. Good bulls 38 to 41. Replacement cattle were mainly yearling steers and heif- ers meeting good demand at irm prices. Stock calves were scarce and sold steady. Good feeder steers 576 to 750 pounds 47 to 51, more than 750 xnmds 43 to 47.50. Good feeder eifers 600 pounds and up 38 o 44. Good feeder cows 28 to Good stock steer calves more than 400 pounds 46 to 52. ood stock heifer calves more tan 400 pounds 43 to 49. Hogs 44.05. Welcome Legionaires and Ladies' Auxiliary To Your Albtrta Command Biennial Convention PRAGUE'S Flower Shop 322 6th St. PHONI 327-3747 Mtfey, June I, THI UTHMUDOf HttAlO 2t Packers expand CALGARY (CP) The meat packing industry is expanding in southern Alberta to meet the increasing demand for beef. This week, the building of two new plants and the expan- sion of another were an- nounced. Kerr Meat Packers Ltd. said an plant will open in Calgary in about two months. Capacity will be head per week. Another plant is being built by Lake- side Feeders Ltd. at Brooks. It will open shortly. XL Beef, a division of L. K. Montana Power plans plants HELENA, Mont. (AP) The Montana Power Co. is expected to make a request soon for a state permit to build its third and fourth electric generating units at Colstrip, Mont. The Montana firm and three others in the northwest earlier said they planned to apply for the permit in mid-May, if the state would commit itself to shortening the 600-day study period authorized by law. However, Gov. Thomas Judge refused to make any time-cut- ting commitment, but he did agree to give the project top priority. Montana Power and Puget Sound Power and Light cur- rently are building two smal- ler plants at Colstrip. ftancba Ltd. has applied for permit to increase the cupactty at its Calgary plant to bead from U.S. sets off nuclear blast LAS VEGAS, Nev. (AP) One of the largest underground nuclear tests ever conducted at the Nevada test site went off on schedule today, causing shock waves felt as far away as Las Vegas. An Atomic Energy Commis- sion spokesman said the Mast, with a yield of between and one million tons of TNT, was triggered in the Pahute Mesa area ofthedesert test site. The spokesman said there were no reports of any damage. Gold prices WINNIPEG (CP) -Gold futures, U.S. funds, Winnipeg Commodity Exchange close "Thursday: Jly 73 118.30B; Oct. 73 Jan 74 125.30B; Apr. 74 127.50; and jly 74 Wednesday's volume: 193 contracts. Beef futures WINNIPEG beef futures Thursday: Jly 46.50A; Sep. 4S.85B; Nov. 45.30B; Jan. 45.00N. Wednesday's volume. No con- tracts. CAREERS r i i BUSINESS OPPORTUNITY I A new Alberta Snack Company requtrei al I I product distributor for the City of Edmonton. An ex- wllent business prospect for an experienced id lei- I man who wishes to establish hit own busirwn or ex- I isting distributorship interested In expansion. I I I I Calgary, Alberta. isting distributorship interested In expansion. 1 A capital investment is required. I Our employees are aware of this advertisement, Please reply to: "Buiinett 2107 Palliwr Drive, S.W, Calgary, Alberta TREASURY BRANCHES OF ALBERTA CAREERS FOR HIGH SCHOOL GRADS DEVELOPMENT A comprehensive program provides training through Branch Administration to Management. SELECTION A good academic record lupported by an interest in people and a desire to be involved in a rapidly ex- panding financial organization. BENEFITS Include full Provincial Civil Servant benefits. Com- mencement salaries are reviewed annually with addi- tional consideration provided for demonstrated ability and advancement. If you are interested in such art opportunity and feel that you have the necessary qualifications, contact the Manager of your nearest Treasury Branch. XEROX TECHNICAL REPRESENTATIVE IF YOU POSSESS Initiative and an inquiring mind we offer chal- lenge and problem solving. Creativity we offer the atmosphere and tools to innovate fresh ideas. Ambition we offer advancement and excellent salary. Qualifications include a good understanding of mech- anics and a thorough knowledge of electrical and electronic principles. The successful applicants will have a High School and Technical Schcol diploma. Entire training program full pay. Upon completion of training, you will be assigned a territory in the Cal- gary or Lethbridge area, servicing Xerox electron- mechanical office copying and duplicating equipment. In addition, Xerox offers a comprehensive benefit pro- gram, including fully paid profit sharing, health and life insurance and tuition aid. Isn't it time you started a career with a company that's going placet at the same time you are? Positions avail- able for both present and future employment. PLEASE SEND DETAILS OF YOUR BACKOROUND TO: MR. D. NORTHCOTT XEROX OP CANADA LIMITED SUfTE 844, 700 6th AVENUE S.W., CALGARY, ALBERTA. T2P OT8 ;