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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 16, 1970, Lethbridge, Alberta _ _______________ Tuesday, Juris 16, 1770 THE ICtHBRIDGE HCRAID 13 TORONTO (CP) Prices rose fractionally in light mid- morning trading today on the Toronto stock market. On index, industrials were up .05 to 152.10 and western ils 1.60 to 133.16. Golds were unchanged at 153.52 and base metals down .03 to 88.56. The market turned around from opening losses under pres- MISCELLANEOUS QUOTATIONS Vancouver, Calgary, Montreal (Supplied by Doherty, Itoadbause and McCunig) LAST ISID OK SALE a.m. Quotes) a.m. Quotes) a.m. Quoles) WESTERN OILS CALGARY (CP) Papane Smith o. Calgary suffered min- or injuries when she was clawed by a cougar in Koote- nay National Park. Ron Malis, acting director of western region national parks, said Monday Miss Smith was hiking on (lie Sinclair Creek trail six miles east of Radium Hot Springs, B.C., when the cougar attacked. Mr. Malis said she was hiking with the Rocky Moun- tain Ramblers and was about SO minutes ahead of her group when she encountered the cou- gar. Miss Smith talked to the ani- mal in soothing tones for al- most 30 minutes before it finally lunged and clawed her left arm. The main hiking group ar- rived seconds after the animal attacked and frightened the cougar away. Miss Smith was treated in hospital at Invermere, B.C., 165 miles west of Calgary. Net Earnings By THE CANADIAN PRESS Distillers Corp. -Seagrams Ltd., nine months ended April 30: 1970, a share; 1969, ?2.06. Fluor Corp., sis months ended April 30: 1970, 93 cents a store; 1969, Gunnar Mining Ltd., year ended Dec. 31: 1969, 1968, Ogilvie Flour Mills Co. Ltd., year ended April 30: 1970, 85 cents a share; 1969, Mill City Petroleums Ltd., year ended Dec. 31: 1969, loss; Mount Royal Rice Mills Ltd., year ended Feb. 23; 1970, 1969, Crestwood Kitchens Ltd., three months ended March 31: 1970, 1969, Hevelstoke Building Materials Ltd., three months ended March 31: 1970, Joss; 1969, loss, N e o u e x International Ltd., year ended Dec. 31: 1969, 66 cents a share; 1968, 57 cents. sure Irom a shai-p gain on Wall Street. Volume by 11 a.m. was shares, compared with at the same time Mon- day. Volume Monday was Ihe light- est in more than 10 years. Losses edged gains 59 to 55 with 137 issues unchanged. Largest gains were in bever- age, merchandising and bank sectjrs. Losing sectors included real estate, utilities, oil refining and [cod processing. Among advancing issues, Pa- cific Pete was up to ZlVi, Home A Vi to Asamera 10 13% and Lake Dufault Va to Bell was down to 41, Inves- tors Overseas to 21, Gulf 'A to and Kaiser Resources Vs to 15. LIGHT TRADING MONTREAL {CP) The Montreal stock market weak- ened slightly in light trading today. Banks advanced fraction- ally. Imperial Oil, which did not trade early in the day, said it has abandoned the fourth well drilled this season near its At- kinson Point discovery in the Arctic. Seagrams gained to and Consolidated-Bathurst Vt to Velcro Industries eased ,o and Bombardier Vi to Falconbridge slipped 1 to 132, Hudson Bay Mining and Smelt- ing to 23 and Gulf Oil Canada to Pacific Petroleum advanced 1 to 21V4. On index, industrials were off 12 to 152.30, utilities .62 to 22.97, the composite .21 to 148.66 and papers .08 to 83.44. Banks were up .0-1 to 167.93. Combined volume on the Montreal and Canadian stock exchanges was shares at 11 a.m. compared with at the same time Monday. PRICES SOAR NEW YORK (AP) Stock market prices soared tMs morn- ing, though trading continued at only a moderate pace. At noon the Dow Jones aver age of 3" industrial stocks closed up 16.43, or 2.39 per cent, at 703.73. Advancing issues lncrease< their lead over dediners to al- most 3 to 1. Volume on the New York Stock Exchange up to noon to- talled shares. A Dow Jones report quoted brokers as saying that a grow ing number of private econo- mists think the worst of infla tion might be over. All categories were up bu utilities, which were mixed. At noon the Associated.Pres! 60-stock index was up 3.7 a 239.4. Among Canadians Mclntyn was up 2, Canadian Pacific 1% Inco Alcan Genslar and Granby and Walker Vs. Dome was off 1V4. On the American exchange Scurry was up Javelin and Brascan Marconi was off Vs. Almlnex Asmerfl nnnff Can South Cdn Delhi Cdn Exp Gas Cdn Homo Cdn Home Cdn Ind Gos Cdn Super Cent Del Rio Charter tlynam Pete r-rcnch Pels Gt plains Mill City New Cont Smitfy's Pancake House Franchise Available Excellent location in Marathon Development in City of lethbridge to be open about Octo- ber, 1970. Cash required approximately Capital investment returned in ap- proximately four years, For further information please write or phone SMITTY'S PANCAKE HOUSES LTD. 709 8th Ave. S.W., CALGARY, Alberta. 263-5683 (403) PiONEER CAN.ADIANA ANTIQUE AUCTION SALE IN THREE SESSIONS Mon., Wed.r 7 p.m. June 22-23-24 AGRICULTURAL PAVILION Room 5 Upstairs CALGARY EXHIBITION GROUNDS I havB been employed lo sell by Public Auction the large collection which jointly was collected by Mary and the (ate Walter Kizsliuk (formerly Riteway Driving The firsl catalogued 900 iferns will' be sold at the above times and place. The remaining opprox. ilcms to be sold at dales to be announced. Early Canadian glassware, china, pottery, cast iron, clocks, lamps, telephones, brass, bits, spurs, spinning wheel, roll top desk, organ, guns, pictures, stiver, furniture, churns, coffco grinders, branding irons, ox yoke, bells, elc. AUCTIONEER'S REMARKS-300 items will bo sold pach eve- ning. Cafologucs arc available af 1020 10th Ave. S.W. from 9-5 each day, or during Sunday viewing. Viewing Sunday p.m. to p.m. Auctioneer Larry Irvine Lie. No. 478. Ph. 255-1751 3.6! 13.00 8.20 3.10 3.30 3.25 6.65 13.00 7.50 10.00 6.50 vu 5.00 17.50 1.22 .90 5.05 .67 1.00 .76 1.22 JeH Uko Jowtel Kaiser Rci Kam Kotto Lake Ont Pt MGF Manama Nowconox Polo Rank Organ Shell Inv Inv Pfd Shell Inv Wts Sicks Ranier VJtiite and Yuk CALGAR Y 8.37% .14 15.00 1.85 2.00 2.00 20. 12 ft 11.87'A 2-1.00 Growth EilUy 5.78 Gr Income Sn 2.72 2.9U Irwesl Gr 10.21 Invest Mut 4.53 4.96 105 Venture 2.95 3.2! AAUt Ac Fd 4.13 4.54 AAut Gr Fd 3.78 4.16 Mutual Income 4.10 4.51 Nat Resources 6.27 6.C5 Prov Gr 3.91 5.71 6.14 10.00 Rcyent Fund 7.03 7.68 14.50 7.50 15.75 1.30 3.40 4.10 Aquataine Brit Nfld Cdn Brew B Pcrmo Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Spooner Triad West Dec MISCELLANEOUS INDUSTRIALS J7.25 3.95 33.50 11.25 22.15 8.37'A 4.85 4.40 3.SO 96.00 15.25 15.25 2.15 11.6216 35.00 8.00 2.65 7. CO 5.25 Hyd Car Pac Inv CPR Pfd Cygnus A Cygnus B Cu p ;t Cdn Oil ;t Cdn Oil Sd lomc A lomo B Pit Hud Bay Co id Bay Oil ,-jsky oil Husky Oil War. Int Pro Pipe Acroll Anac Pete Barons oil North Cent Plains Pete West Warn Leduc Calm Madison Qolnalta Rexdale .16 PIPELINE STOCKS Alfa Gas Tr A 39.00 Alfa Gas Tr 4'i 66.00 Inland Nst Gas North end Cen. 11.12' North and Cen B 24.37! Gaz Metro 3.75 Tr Cdn Pipe Tr Cdn Pipe 2.1 Westcoast Tr Western PocHIi MUTUAL FUNDS A.G.F. Special 2.00 2.10 All Cdn Com 5.90 6.45 All Cdn Div 6.87 7.5) All Cdn Ven 3.11 3.JO Amer Gr Fd 4.20 4.61 Cdn Gr 4.64 5.10 Cdn Invest Fd 3.89 4.28 Collective Mut 4.93 5.41 Commonwealth 10.83 11.87 Com'vfeaSUi Lev 5.67 2.93 Corp Invest 4.66 5.09 Dreyfus F U.S. 9.50 10.41 Nortti Fin 3.32 3.65 North Gr 3.84 1.13 .03 .59 .d6 .05 i 35.00 16.00 4.30 Royfund United Ac 4.0 VANCOUVER Anuk ............22 Arctic Mining Atlas Ex Beth Coppei Bornlte Ridga Block Bros ___ Brenda B.C. Sugar ___ B.C. Sugar P Capr Infer ___ Churchill Cop Crpstbrook For Croyden Dolly Vardcn Dynasty Fulurtty Gian! Mascot Granfsle Key Indust Hy's Inter Brew Jericho Kamlocps Cop Lorncx Mt. Wash Madrcna New Cronln New Imp Mines Okanogan Hel Primer Silver Sfd T.C. Ex Trolan West Mines Westcossf Rc-s Western Ex Utica 21 1-03 13.00 .16 2.90 9.40 17.00 14.00 2.75 3.40 6.75 7.15 .23 3.00 12.50 7.25 1.37 3.90 .25 TORONTO MINES, INDUSTRIALS Supplied by Richardson Securities of Canada LAST BID OR SALE a.m. Quotes) a.m. Qucrtes) a.m. Quotes) INDUSTRIALS AbJtlbl Aican Algoma SJeel Alco Ind Atlsn Sugar Bell Tel Brazil Trac B.C. Tel Burns B.C. Forest B.C. Sugar CAE 7.75 21.75 1175 8.75 5.75 Jl.OO 13.50 57.25 MolsorVs B North, Cent Pemblna Pipe Power Corp Prkft Co Roth.-nans Shell CDA Simpson's Simfi Sears Cdn Brew Chem...... Col Cellulose Cal Power Coron Credit CWIJ Gas Cdn Indusf Canada S 5 CcJn Marconi Cdn Vickers Chrysler CPR....... Comlnco Cons Salh Cons Gas Dlst Sea Dom Bridge Domtar Dom Dom Stores Dom Pete Fani Play Fd of Amer Gt Cdn1 Oil Gen Motors Gt Lakes Pap Gulf Oil Cda Hawker Sid Huron, Erie Hiram Imperial' Oil 4.95 4.90 20.25 lo.oo mi 7.62'A Steel of Can 23.25 Selkirk A 17-25 Texaco 4.15 Traders Gp A Trans Mtn Pp Trans Can Pp Union Gas Union Oil Versatile Mfg 8.67V2 Union Car 20.00 Weston's B Woodward's A West Cdn Srf Zenith Elec BANKS Can Imperial Montreal Nova Scotia Royal Tor-Dam MINES Fslconbrldge Frobex First Meritimes Giant Y.K..... Goridrum Gunnar Granduc Headway R.L. HoHIngw Hud. Bay M-S Hydra Ex..... 21.12'A Highland Bell 9.00 lran Bay Iso.......... 24.75 joiiet Quebec Kerr Addison 13.00 11.25 16.75 6.25 8.50 9.25 20.50 21.00 10.50 131.62V'! .30 1.20 e.ocr 3.50 1.20 7.20 10.00 26.00 23.25 .25 7.75 2.65 1.60 -3.40 6.25 21.75 57. GO 21.75 13.00 14.00 46.25 13.50 13.37'A 30.00 2.75 10.00 11.50 20.25 8.75 Acm, Advocate Asb. 46.50 Akaitcho..... Area Mines Belcher Iron OlacK Bay Bralorne Broulan...... Bethlehem Brtinsv, 9.75 43.00 3.90 17.15 14.25 1.95 Canada Tung. 41.00 Casslar 15.75 Central Pat. Imperial Tobacco 13-00 Chimo Nickel Int Pipe Inv Gp A Int Utilities Indust Accept Luarnetide Kelly Doug A Lceb........ Loblaw A Metro Stores Massey Ferg McMillan BIOS Moore Corp Mois'on's A 39.75 Conwest..... 19.87V3 Cons. Rambler Coin Lake Cochenour Craigrnont 3 90 Dickenson Mine Denison Mines 4.35 Deer Horn 6.00 D'EldonB 17.50 Dome Mines 9.50 Donalda 21 62Vi Discovery MIna 29.00 East Malartlc 13.25 East Sullivan Key Anacon Labrador Lake Shore Leitcii Langis Silver Macassa 2.25 Martsen R.U- 1.30 Malartic G.F. Martin McNeflly Maybrun 15.25 Maclntyre 17.JO Midrim 21.50 Intern Mogul U.62V2 New Afhona New Calumef New Imperial Noranda Northgale Opemiska Osisko Patino Pine Point Placer DeV. P.C. Exp Quebec Mori Rayrock Radlore Rio Algorn Roman Silverflelds Sherrltt Gordon Silver Miller Sfeep Rock Siscoe Tek Corp Upper Canada Western Mines Wright Har. 09 2.15 1.60' .21 13.00 5.25 1.86 19.00 2.50 1.35 9.75 .83 .IS .44 11.25 1.5S 25.00 54.75 .25 1.30 1.02 Windfall Yeilowknlfc Br. Zenmsc 27.62% 3.50 1.55 .07 1.31 .92 .81 13.00 .21 155.00 9.25 .50 .23 2.09 26.25 11.00 13.12V .30 33.00 29.00 28.00 .65 .20 1.20 ,30 17.25 6.50 2.20 .03 3.05 2.00 5.75 3.95 1.70 T.33 .13 4.75 .11 Amr T and T Anaconda BIh Steel Chrysler Comsat Dupont Gen Motors Int Harvester Kenn Copper NEW YORK STOCKS Supplied by Richardson, Securities of Canada 41.B7'A Mont Ward U Golds 153.83 up .31 56.50 10 Base Met 88.7] up 55.00 15 West Oils 134.79 up .3.3 26.75 Volume 2, jjiiNEW YORK AVERAGE 30 Indust 702.97 up 15 MO 5 i Rails 138.73 up 1.32 U-S. Steel Utilities 98.83 up .54 TORONTO AVERAGES 45 stocks M5.22 up 3.43 JO Indust 153.50 up 1.45 Volume 24.50 Oj N jt 23.12H Texas Co 116.75 Conuco Ltd. Earnings Up CALGARY (CP) Conuco Ltd. today reported net earn- ings for 1969 of or 70 cents a share compared with or seven cents a share in 1968. Conuco, formerly Consoli- dated New Pacific Ltd., has acquired two equipment rental companies in Calgary and con- solidated them under Bates Equipment Rentals. Bates ex- panded into Edmonton June 1. In December, Conuco ac- quired Collins Steel Products Ltd. of Edmonton. The Calgary based compan- has residential and cominercia property and undeveloped lar in Ilinton, Alta., through it subsidiary Athabasca Valle Development Corp. Ltd., and 50 per cent interest wil North Canadian Oils Ltd. i mining properties in southeas ern British Columbia. In India a joint committee o parliament has decreed that woman marrying an untoucha ble becomes an untouchab! herself. STORE FOR RENT GOOD IOCATION ON 5th STREET SOUTH Suitable for shoe store or ladies' wear store APPLY: Stan's Men's Wear 321 5th St. S. CHARTERED ACCOUNTANT AND SENIOR STUDENT A challenging opportunity in public practice with a national firm is open to a chartered accountant and an ex- ceptional senior student. Using the "latest audit techniques, duties wii! entail planning and field supervision of audit engagements. The successful candidate will have public accounting as his goal, be capable of directing end getting along with people and possess a desire to learn. Salary commensurate wilh qualifications and experience. Referring to file 223, pjeaso reply in complete confi- dence DEIOITTE, PUNDER, HASKINS AND SEL1.S CHARTERED ACCOUNTANTS 602 BANK OF MONTREAL BUIIDINO EDMONTON IS, AUERTA Flax Jiy act s'ov Dec IVapeseetl iy S'ov an lar Oals iy Oct Dec Barley Hy Oct Dec Rye Jiy Oct Dec Grain Prices Winnipeg Grain Prices WINNIPEG (CP Prices most commodities wcif on asier price patterns at the o[ the Winnipeg Grain xchange today. Rapeseed prices slump e d lightly because of reports that askatchewan rapeseed acre- go will be up about 70 per ent tliis year. Oats and barley had light ade and rye was steady and irm. Export loading of Canadian yesterday included 40 bushols to Bulgaria, 045 to Japan and to Rus- ia. Prices for class two wheat or export to countries outside GA: 1 nor 2 3 .637s; .75', i; .5614; .53'A; 4 1 durum 2 3 1.63; 4 1GA prices: l nor 2 3 l.G37e; 4 1 durum 2 3 1.63; 4 High Low Close 'Stock Market Lethbridge Livestock (Supplied by Canada Department of Agriculture) On offer to 11 a.m. 140 cattle. Receipts mostly butcher steers of mixed ciuatily. Trade active. AH classes of butcher steers meeting good demand selling steady. No bulurcr heif- ers in early trade. Ail classes of butcher cows meeting very good demand selling 50 cents higher. Bulls steady. Medium heavy replacement cattle sold crs. active on cows and at steady prices. Slaughter steers and heifers Clwice steers 30.25 to 31.10; sold 'a cents lower. Cows were good 29.25 to 30; medium 27 to i 50 cents higher with sales to 28. 23.80. Bulls were SI higher with 279Vi 279% 268'A 209V8 __ 203% 261 261 261 315 266 262Vi 201'A 252% 250 250 249% 247% 247 75Vi TSVi 76y4 76'A 76V4 110% 11014 11014 a 102'A 106 107% 107IA 102% 106% 106 Hog Prices EDMONTON (CP) today provided by the Alberta 3og Producers market. Edmonton: Quoted 28 to 28.25, selling 28. Average Mon- day 27.98 Red Deer: Quoted 28.10, sell- ing 28.10. Average Monday 27.88 Calgary. Quoted 23.10 to 28.20, selling 28.10. Average Monday 28.09 Lethbridge: Quoted 28.15 ;elling 28.15. Average Monday 28.20 Lloydmlnster: No market, Average Monday 27.95 Grande Prairie: No market. Sows at all points: 21. Total hogs sold 752. Average Monday 27.99. Beef Futures WINNIPEG (CP) There was no trading on Uie Winnipeg live beef futures market Mon- day with only one offer in the early session. Open High Low Close Frl. Jly 31.10 31.10 31.25A Sep 29.40 29.25B NOT 2B.80N 28.80 Jan 28.80N 28.80 Controversy Erupts O'n Islands ST. PIERliE (CP) Contro- 'ei'sy has erupted on the 'rench islands of St. Pierre-Mi- luelon following a visit to "Vance's last territory in North America by a United Slates Air 'orce ice patrol aircraft. The C-130 Hercules landed lore for an informal visit June J after receiving permission rom the chief of air control at he airport. However, foreign military air- craft are supposed to receive clearance to land from the is- ands' governor, J. J. Buggia, who was at the airport when the lercules landed. "Here we are not in Viet- the governor told the 12- man crew of the Hercules. He demanded to know who lad given the U.S. aircraft per- mission to land and said: "I was the only one to give it to YOU." Civilians at the airport ap- peared surprised by the gover- nor's obvious anger. Governor Buggia's reaction prompted Senator Albert Pen of St. Pierre to send a letter to the French minister of over-sea ter- ritories. S'enator Pen said: "I am very surprised that a gover- nor could express himself like this toward American people whom the territory ol St. Pierre has many times asked for help." As a recent example, Senator Pen said the territory' had asked the U.S. naval base at Argentia, Nfld., for Wood and serum for men injured aboard a ship here. The Hercules, temporarily based at Siinimerside, P.E.I., is used to check ice drifting south of Newfoundland. Its crew had planned to visit and shop in this ancient seaport. Potato Prices WINNIPEG (CP) The Mari- time potato futures market was inactive Monday. Open High Low Close Fri. Nov 2.30A 2.30A Mar 2.GOA 2.60A Good cows S2.SO to 23.40; me- dium 20.50 to 22.25: earners and cutters 17 to 19.50. Medium heavy feeder steers over 1.000 Ins. 28 to 29.70. Butcher hogs sold Monday f.o.b. Lethbridge 27.90 to 28.60 base price. Export 550 hogs at 22.45 to 23 Calgary Livestock I CALGARY (CP) On offer ito 11 a.m.: about 950 head, j mostly slaughter cattle of mix- I ed (lu'ality. Trade was moder- atelv active on steers and heif- Hog Prices Monday sales hogs. Weaner and feeder hogs con- tinue to meet pressure, prices dropping as much as lower on some classes. Weaners were selling about SI lower. Light feeders sold about lower in spots. Heavy feeders weie sell- ing barely steady to 50 cents lower. Weaners 12 to 17.50; light feeders under 100 Ibs. 17.75 to 25; heavy feeders 100 to 130 Ibs. 28 to heavy feeders over 130 Ibs. 37.75 to 38.58. All prices per head. Light feeders under 100 Ibs. sold between 24 to 29 per cwt.; heavy feeders 100 Ibs. 20 to 24.50 per cwt. Bred sows 72 to 92 per head. sales to Choice steers 30 to 30.00. good 28.75 to 2U.75, medium 27.50 in 28.50; clwice heifers 27.75 to 23.30, good 20.75 to 27.50, me- dium 25.50 to 20.50; good 22.50 to medium 21.25 to 22.25, carnicrs and cutters 19.50 to 21; good hulls 26 to 23. Replacement cattle were in short supply, being mainly fleshy steers weighing more than 800 pounds and s e 11 i n g steady, (Jowl feeder steers SI to a few good feeder heifers 27.23 to 29.20; good stock ami feeder cows ?.i.50 to 23.50. There were no stock or slauglv- ter calves on offer. Hogs f.o.b. Calgary to 11 a.m.. [base price 28.10 to 28.20, cur- 28.10. Portland Livestock PORTLAND 'API CatUe and calves 950; early sales slaughter cattle steady to 50 higher; most advance on cows; slaughter steers, choice 850 to Ibs. 30 to Sl.70; individual to 32; good 27 to 29.50; slaugh- ter heifers, individual, choice 800 to 900 Ibs. 28.75 to 29.75; good, 800 to 1.015 Ibs. 27.50 to 29; slaughter cows, utility and commercial, 20.50 to 22.75; cut ter 18 to slaughter bulls commercial and good 26.25 to 30.75; feeder steers good to Ibs. 26 to 27. IDB business loans MORTALITY RISES WIESBADEN, Germany (AP) West Germain's infant mor- tality rate rose in 1969 to 23.1 deaths per births from a 22.6 rate in 1968, government staUstiacs reported. A flu epi- demic was blamed for many 1969 deaths. anywhere in Canada Can IDB help your business? We have assisted nearly every type of enterprise: manufacturing... wholesale and retail trade ...tourism and recreation construction agriculture... transportation and storage. "if you need financial assistance to start, expand, or modernize a business anywhere 'in Canada, perhaps IDB can help you. TERM FINANCING FOR CANADIAN BUSINESSES LETHBRIDGE, Alia.: Ave. 32S-9631 We Want You To Be Our Guest For A Series Of EVANGELISTIC SERVICES JUNE 14-21 Guest Speaker SUNDAY 11.00 a.m. 6.00 p.m. AUDITORIUM WEEKNIGHTS 7.30 p.m. Conqregationa! DON'T MESS THIS OPPORTUNITY! Not only Is Mr. Garret! a noted Bible student and gospel preacher, but. Is dis- tinguished in the field of education also. He serves as dean of Florida College, in Tampa, Fla. You will find the lessons he presenls to be timely, inleresting, and most important of all-Biblical. QUESTION PERIOD FOLLOWING EACH LESSON our Bible Bring A Friend- EVERYONE INVITED ;