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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 15, 1974, Lethbridge, Alberta 28 E HER LD Saturday, June 15, 1974 The Herald Business Earnings 1111 I'Kl Duininiun t itrus and ltd tlllll MIlMllhs fill1 ll I'17.4 vl ii mill r i u s i n M1J no" i.' Foremost I td u in pmlil 7 7 c t n Kt'K lUstau 11 1'C Industries i (HW mis I til i u i mild nun 11 ii MS i null linn i' nts John lab.itt ltd M u indid M'1'1 n sjj nun --2 I i .1 shai1 Oshawa (.roup I td I- MI i ks i-ndtd shan (inn Ml tints Minis ltd months i mini in sj7') omi iints i stun I'i7[ sjjh mill iinls r.imhhn I til nuks indid IX i J" si tu0 s4 'W i i iiii ml' (i M.I' h il I'1' s] 7M >i> 11 nts >ukon Consolidated (.old Corp I td ih. (i mild il I'i74 s "in i7i J4nnts i shart shit J4I mm 11 nts Distilkrs (orp ltd. tni'i tininllis imlii] id 'H74 su ,'i mil) I s tumls vi ,11 i slut o M'l 1 iJ DtHi M 411 Capital (.roup 1 M thiit. Mininlis i mil (I Muih 11 SJ770IH) 17 nuts i slnu I'i7t SJDJ nun 14 I I Ills I oeb I td u.n ndid I in A ]'I74 sj 4l> i nits a sli in l'J7! s'i'il OIKI 22 (i nts Health 1 td Months i mil d K) mill jn unts a sh in I'Ci sit4 14 i flits Keitman s (Canadai ltd thiri1 months i mini 'n s41'i DUO 'i 1 d nts ,i shan I'd sji.J Dim 7 I lilts I til M U Ullll'll Dl I il 147! sj 7 noil loss SI d nts a sli in nun ii) c i nts New ProMdemi Pvulopmt-nt Co I td HUH months i-ndul M in It il I'i74 sh'i, loss Bahamian Hauls i s i4't ,nu (Hi-lot Industries ltd mm mmths ni'ul 10 1'I7J loss live i mis i slum I'd -10 uiinpii iblf IILUIl s Iv ill.lbll ALBERTA GOVERNMENT TELEPHONES AUCTION SALE Monday, June p.m. at Shell Service Lot Magrath, Alberta 600 Poles, 1400 Cross Arms Sale conducted by PERLICHBROS. AUCTION MARKET LTD. Company Lie. 071456 Phone 329-3101 P.O. Box 1057, Lethbridge JOEPERLICH Lie. 010293 BOB BALOG Lie 067454 TONY PERLICH Lie 010292 Market Hogs Shipped Daily Live Weight and Dressed Basis YEARLING FEEDER AND FAT CATTLE AND CALVES 2 BREED SPECIAL SALE WON., JUNE 24lh-11a.m. 80SIMMENTAU70MAINEANJOU V.-EMALES. SPECIAL! SIMMENTAL BULL HYGRADE CHRISTOPHER- PURBRED Tattoo TTw-C11 Ear tag TTw C11. Born July 10. 1973 Sire: Otto 461668 Dam- Elvira 482864 Consigned by Hygrade Livestock Ltd SPECIAL HOLSTEiN DAIRY HEIFER SALE Fri., June p.m, 185 Head Top Quality Holstein Heifers PERLICH BROS. AUCTION MARKET LTD. Looted in Ow Hub of Southern Alberta s Livestock industry 3 miles ol Lethbndge on Highway 3 and mile south BOX 1057, LETHBRIDGE T1J4A2 Phone Day or Night 329-3101 OUR NEW PHONE NUMBER 329-3101 Company No. O7146S AUCTIONEERS: Unemployment tabor Force otOCliS Mid-May Seasonally Adjusted 5.5% Actual 54% 7% III III Out of Work 400 Thousand Workers 200 Illl F M A M J J A S O N D as investors wait 4% of Labor Force KOSKN I UK CANADIAN I'KKSS Canadian Mm k maikets stagnated this week (torn the wait and see altitude ol most nneMois Imistms including instititutional lumls an- postponing stoik pun bases until theie an- signs (hat mli le-1 i jlis aie abating inueasiim mlldtiun which in tin In-1 ol this more than ilmibUd List s annual ute is also itiMsimi'iiI indeiisKm sav the l.irtiir is the luK ledual ileition II one ol the iiidlin paities hums a ginuiiiiienl astoikmaikit i.ilh would ommenie it is d major upwaul mine in pi i an get undei wax until altei the election However it the i ihi-ial paitx lUlueves a majo'ltx and pusliis ihioiigh the same budget on which tin goveinment was deleated the- m.nkit lould again decline SOFThMNO' Oni anadian eionomist the piMk in diuiiLstii inteiesl iates has bein lull luil and will be lower end iiHi'stors should be .iwaii that pine- are at iMHinh low lexil- on tin' basis ol pi n i i ai multiples the 11 I iliiiiiship biUMi'M stoik pi in- and i minims pi i sh iif and ilnidfiid Mil'] stoik pi iifs hau- been du lining wlnli' iiiipiM.ilf piolits buMi i sp.indiiu! dm' to Inch inllaliun and i Hi fst Mlis sis ll HIM suns hfi (inn loinmii'd botn .ne Ii Mint; "II the stagr will be set lot si i n k ptu es to im lease shaiph I lading un tin Noik maiki't u is sink nui'stiits postponed iiimiiiitling ilifmseUfs watting id institutions to iolliin the miiM "I I ist scu'tal banks to luuit shoilteim intui'st tales The pow lorn s a.ttagi "I industrials u is diiun to (lose at 85177 1 nil.iv loiiintii gold shales mm again to the Ikutuations ol the Inilliiin pi ii i- on m ft seas maikits It ild limd mi ni'Wsol a possible rmalua lion "I Hold duiing the Intf I national MI i nit u Fund s in ui'ting in Washington and and nisi uhfii a deiision was sheKed I In index uas up 7 I'l points to i lose at 44ti4i Hit mdustiial shovu'd signs uuk lit lilting itsell out ol the thud woist irash stnie the post wai GNP rate climbs Canada's gross national product grew by 4.9 per cent during the first quarter of 1974, compared to 4 4 per cent in the last quarter of 1973. Statistics Canada reported that first-quarter production was at an annual rate of billion. In terms of constant 1961 dollars, which removes the effect of inflation, the annual rate was S79.4 billion. The gross national product is the value of all goods and services produced by the economy Winnipeg grain c i.i lint the K'U" "'ls Hull till IIIclK.lllll "I ill.llkl't 11cud c In-ill ,il I'l i 41 ilimn 4) JM'IMts Ul'MllMlllK Illll 'l llllllliil llnj iiidix li-ll piiint-. tn ITjd'i i i'l Illlllliill sll 111 s Will I'l x-'' '1 I Ulllp.llld With 4 ill Illllllnll Illlis Illll s4ll 11 iiiillinii I.M wi ik Bonds GOVERNMENT OF CANADA BONDS Oct 95 70 q MI Jul 96 50 01 n Sept 7262 2 fc o Sept 67 50 69 'O j Sept 15 Perp 33 00 3-jOj o Apr 98 30 9tf- o Jlu 9860 93 r PROV AND GUARANTEED BONDS Ottawa THE STOCKMAN'S MARKET HOGS SELL Tues., at 1 p.m Dairy Cows Baby Calves Sheep SPECIAL Tuesday at p.m. RAY PETERSON HOLSTEIN DAIRY COW DISPERSAL 52 Head Top Quality Holstein Milk Cows ol 1 i( Pi ot slaiiuitir laltlt and lalvt's at nine puSln stockvaids weie up 2 775 head this week with 22251) oik red the I idi' at Department upoiiid todav I ndi i lattle tor sale inst- head Ii mi last we-k to 7 Sheep and lairbs were i 073 head up 1 JiO Heavv sunplv but un' nn demand lor slaugluei steeis in lorunto brougnt tailv losses nl s2 paitiallv oitset bv i.mlveek gams ol sj under strong ailing Piuis on V-l and heile-rs were stiadv undei piodct ate demand while I and 2 MIW prices rose >2 under good to bio di in mil 1 1 mus renonc-d uneven H idini; in si Highur sieers Karh ana i losing guns m entres were oiisit b. muhveik losses In tt earlv losses ot s) were loiintuid earns ot sj to I'r K es on 1 anil 2 huitcr- d' i lined M in most centres Pnees on D I mil I) 2 iovs rosi to si under Livestock Inssts to S15 as demaiu iiicdtMalcd In I dmiintiin steaih prices tin L'liod lambs under good demand Hid him pntes in furo'iti d'oppid siT) but sales M i ud the loss dut to 'IK a d- maud STOCKS ARD PRICES Skiuahtu (attle steers 1 and 1 Jh 4U Kdmonton 47 s.ixk inn 4b ill 48 hi) J7 "il )0 Montital 4b Hull s I and aUir. Sast-atinin Jl 42 80 42 44 roiuin.i 44 4h D 1 and 1) 2 (iius alaarv il M> iO ih iU Ti ill Tin onto !4 )b Slaualili-i (-ahfs iinud nid itmiK- Sjskatoun T! 75-oT Fin until Montreal hj h'tdti stttr ak s in Toronto were tor new i ion lambs h.irlv gam.s o! s, undei iiiivi ir iding .vere olSet bv midACf1' Perllch I in n n hOK In in ol livliu Ih (II) to 00 Plain ijuahU In ill i uilus to HOGS AM) DAim t VTTLE dro-ed uueht fiW .incis HIM to 10 ID I iKht .mi i ii 00 to H 00 I ei'ilui UW 1 Hutu JI DO HXMb- in' in )2 )0 Brul >ov. s jnil silts 00 Egg prices 1 DMoM'ON V.eekh egg mil piiultn it'pnrt issued the 1 HUi il uiuultur" department In [itiiduius la'iji 71 small "ill H crai ks !2 In'i t nil is 7't A siiiallbl) h7 thin unts i" i i'tons i In i misumers in i i urns lauc fo '12 medium (i! in sm ill 7i7'l To produiers Ine No 1 chicken broilers 6 and JO'. 5 and in ill i i> v4 tnul 4 10 U iniki iinilii J4 12toM 44 ulel i 4! I IM No 2 (Im k'-n hand OMI i mil iinilci t, 1 undi- J 41 U tn U> 41 on.' IK W Hog prices 1 DMON TON P losing prill's I-ndav provided bv the Una Producers Marketing Uoaul Ihursriav average in braikttJ l.dmonton h HO i i5 001 lied Deer 1500 55 (MM Prairie Nil lovdminstu Nil i 2T I ilhbriclgt Nil i Total bogs sold 1 Hid average )5 00 total sows 14 average 1850 Beef futures XMNMl'hl. I l'i Luc b- In-ill is i lose I Itih IJ V-pt 40 HT N it I m i. lliuisdr. s 14 lontraits PI Priees opened liiwt-i Indav on the Winnipeg ommoditv 1 bu' despite a near the dose weie mixed in mode-late ai tivitv lhursd.iv lidding volume 000 biishtlsol rapeseedand 7h'l 000 nl rve losing pi u ts .lulv 1 lughei d7B Oct 2'_ lowu'M5'.B Nov llloweiHW Dec Ii higlii i fi 55 Hapisud June 20 highei 7 lowu h DOB Dei unchanged i it) Hvi l-ilv 5 i lower 2 78 iB Oil 5 liiuu J 74 111 i i limi-i J71B Ma. I i at n i's I- i ida basis I ,lkl 111 .III High I ow C bse .Ih Od Niu %4 HW 855 Rapcsccd lun i Hrfi Sip h'l'l WIU jlapeseed Thunder Ih 740 Oi I DM _MO'_ HA (n t n Du 27 270' hUj jB7 74I> 585 i 27H 274 271 270 Chicago markets CHICAGO i AP' Wheat and sosbean oil futures stood out amoni? (ommodities last week as gamers a m out, losers on major I S t hantU s Wheat lutures rose 20 cents a bushel on the Imago board ol trade and sinbein oil up nearK i tents a pound orn oats and sinbean meal dei lined on the while sen beans ended the week on a lont SiKu luturts closed some 16 tents in nunii lower alter tut sessions ol limit and near limn moie-. Cotton luturts lased about a bale and (npwr uas doun along with manfie inn e and world siiaar tutures win- little changed I lii.i; and (attle lutures posted Kains at wtek s onii on the Imago alter several ol widtK suineini; prices Pork bellies bai k about HKI points ,ind shell eugs also dei hneii 1 lu> strength in wheat lutures dm lopui aitir tlu I S Departn ent ot revised its estimate downward ot this s winter iiop based on lime 1 londitions The I s t'siimated production still would in a reiord but the tradt ixpictul some loss to devlup Ironi Dollar value MtATHKM, S dollar in u nils nl anadian tiinds losed 1- rul.n down 2 at "t, 2 T Pound sterling M.IS iln.ui 1 20 at '.0 Will In New "inrk tin an idian dollar was up 22S at SI Oi 7T 100 Pound was up 2" ai S2 ty 2 T ills, notid in alter lune 1 ripori (attle on teed lor sl.uifililii in sisen states and i.iitli on lied as ot 1 was i o n s i d 111 d bearish b grain simulators hei ause there would bt liun Iliad ot livestoik to use teed mis orn and oats were sold >n this IHWS but the ikdints were slight Soxbi.ills imjiiuvid on strong buvinti inn list m oil but nual lutuies urn iinul wiak mi liuht demand appiarid lo respond tu pii Mai 1 '7' 50 Ont 75 50 r 50 Man bO 00 i DO Alta Gas Tr 9 00 BC 92 95 BC 00 Bell DO Bell 03 CP u" vk CU Int Cdn OC Gull 000 In Pr tL Vt 1 N C Steel TrCda 00 TrCda W 00 Alta G Con So J- Ra. y.'C j 00 300 300 Gold futures IXMI'I d I I' tutll'ls I s iin.N Wi'inipi 2 I omul ulltv 1 M h i U' i iosi I ml iv 400 OINCi: t II, 74 IM) 000 III t 74 Hi) >0 lall i r ill: 177 1 I1 '2 20 I uisil i voluna i i' i ontiai Is COSIRAtTS 7! H.l No, 74 Hit, 2KB Ken n Mav 71 179 00 7. 1K4 '.ol', iv s volumi 4 ontiai Is REGULAR CATTLESALE Regular Monday Sale Alberta grain IN MlHTt.idiam i iiiiiimssiMn .n its -vK riport 1 s.ndthei" A.IS Mini-fliK'nation i, win it pnies but ijuahtv appiar-. ti- IM 'In m un ason tin! u i n i> it ot tin in tv-i ails" I, ,rl. sjon s.! .11 I In- H> d aihised ii s; j, ..its s] .n s] MI ,iml 00 ou are gua'anieet) to ihe Auction lull o T t "Td Inn. 1" n ,1 TU-. M< 1 ll J I J IT 1tl" .f ITITIM ill Illl 1 Ttflid 111, 17