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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 16, 1973, Lethbridge, Alberta 22 THI isrvmniDO! HERALD 4une u. Payroll cheque processng s money maker WINNIPEG (CP> Process- payroll cheques Is a profit- able business for Services Ltd., a Winnipeg-based company that has five branch offices across Canada. Founded five years ago, the firm harnesses the speed of tiie computer to relieve its custom- ers of the manually-tedious re- sponsibilities of payroll account- ing. Comcheq gets payroll infor- mation from customers, calcu- lates each employee's pay and deductions, makes out and signs Employers are spared work of signing paycheques and companies may save money in cheque charges, through favor- able rates negotiated by Com- cheq with banking involutions. Ctistomers are required to de- posit enough money to the paycheques and the rest is taken care of. HAS OWN RULRS Mr. Loewen said Comcheq, which is not covered by regu- lations that apply to banks and trust companies, had to draw t-hs cheques arvi distributes I up its own set of working rules, fhem to the employees. "We had to develop a set of The company, established in standards for ourselves which with Fidelity Trust Co. of Winnipeg and competing with chartered banks, is the brainchild of William H Loe- wen, a Winnipeg chartered ac- countant. Mr. Loewen said that while banks offer a similar service, he didn't know of any other company using cheque process- ing as a basis for its operations. "It occurred to me that by handling all the pay cheques through the same account, a better service could be pro- dded, particularly to small companies." He said the computer is well suited to tasks that people find boring, such as carrying for-1 ward balances and untangling complicated income tax and unemployment insurance fig- ures. With Its rented computer i time, Comcheq can also supply its customers with labor and payroll cost analyses or infor- mation on the cost of making a certain product. would satisfy our customers that their money was being de- posited in such a way that it would be available for its in- tended use "All the money ever put into the account must be imme- diately available, so we've re- stricted its use to deposits with trust companies or banks, or government bonds.'1 The company has branch of- fices in Vancouver. Calgary. Edmonton and Toronto and processes about cheques a year through its Fidelity; Trust account and another 180.- 000 annually through private: bank accounts. ODD PRICE 1961-100 Livestock market report Ottawa Livestock OTTAWA (CP) Receipts of cattle and "calves at the 10 public stockyards numbered approximately head this week, a decline of over head from the previous week, the agriculture department re- ported Friday. A-i steers were 50 cents to S2 lower in the west while east- ern prices were steady to 50 cents lower. A-l, 2 heifers in the west were steady to low- er while eastern steady. prices were D-l, 2 cows were lower to higher in the west, while eastern prices r e ru a i ned Salughter calves, good and choice veal: Edmonton 50 to 61; Winnipeg 60 to 70; Toronto 54 to 65; Montreal 64 to 74. Feeder steers over 750 pounds. Calgary 43 to 48.50; Ed- monton 41 to 48; Saskatoon 43 to 48.50; Winnipeg 42 to 49; To- ronto 44 to 48. Feeder steer calves 401 to 575 pounds: Calgary 47 to 55: Ed- monton 47 to 60; Saskatoon 47 to 56.25; Winnipeg 53 to 55; To- ronto 52 to 58. Good lambs: Calgary 38; Winnipeg 35 to 38.50; Toronto 42 to 46. Index 100 hogs dressed: Cal- gary 42.90 to 46.05; Edmonton 42.95 to 46.10: Saskatoon 43.45 to 44.75; Winnipeg 44.50 to 46.60; Toronto 49.40 to 50.50; Montreal 45.50. Lethbridge Livestock ceipts included 975 cattle and 684 hogs. Butcher and ibort- keep cattle were trading lower. All classes of light replacement cattle sold strong. One lot of 41 steers weighing 475 sold for per hundred weight. All slaughter cattle sold to feeder SLAUGHTER CATTLE Dl and D2 cows 33.00 to 35.00: D4 cows 23.00 to 32.50; bologna bulls 38.00 to 40.00. REPLACEMENT CATTLE Steer calves, 250 to 400 59.00 to 65.00; 400 to 500 Ibs., 53.00 to S9.75; over 900 Ite., 50.00 to 54.25: plain quality steer calves, all weights, 47.00 to 49.00; feeder steers, under 800 Ibs., 44.00 to 48.50; over 800 Ibs., 43.00 to 44.90; holstein and shortkeep steers, 39.00 to 43.40; heifer calves, 250 to 400 Ibs., 46.00 to 51.25; 400 to 550 44.00 to 50.00; over 500 Ibs., 43.00 to 49.00: plain quality heifer steady. Vealer calf prices were generally steady in the west and steady to higher in the east. I Receipts ot feeder cattle and calves increased over 500 head j this week with approximately Sales Monday to Friday: 145 12 593 offered. Good demand for I cattle: 228 calves; hogs; calves 41.00 to 43.00; feeder all classes of feeder cattle and I 87 lambs. heifers 38.00 to 42.00; feeder calves resulted in generally I SLAUGHTER CATTLE cows 32.00 to 36.00; good quality steady prices. Steers: Al and A2 44.10-1 cow-calf pairs 430.00 to 515.00. Steers over 750 pounds m Ed- 44 80. monton were steady to low- Heifers: Al and A2 40.60- 41 with sales to 42.10 earlier in the week. Food index up The food index for the month of May rose 1.2 according to Statistics Canada esti- mates. The May level stood at 157.4 compared with April level of 156.2. The meat, fish, and poultry category showed o drop in prices of 1.9 per cent, the first decline since last Novsmber. er. prices Beef futures WINNIPEG- (CP> Live beef futures close Friday. Jly 45.75N; Sep 45.60N, j Nov 45.25A; Jan 45.30A. Thursday's volume: No con- tracts. Food processors express concern on price freeze Sheep and lamb receipts were head, a decline of j 750 from the previous week. Lamb prices in steady while eastern were'si to higher. Index 100 hog prices in the west were steady to high- er and eastern prices were 25 cents higher. PRICES STRONG Wholesale meat prices for A-l steer carcass es continued Cows: Dl and D2 34.50-' 36.50. Bulls: 36.50-38.50. REPLACEMENT CATTLE Good heavy feeder over 800 Ibs 41-45 50 HOGS AND DAIRY CATTLE Market hogs, dressed weight, 43.05 to 46.00; market hogs, live weight, 33.60: good weaners 24.00 to 32.00; light weaners 17.00 to 23.00; feeders, under 100 Ibs 35.25 to 36.50; over 100 libs., 43.00 to 58.75; bred sows Good feeder heifers 39-44.75, feeder cows 31.25-34.50. HOGS AND LAMBS Butcher hogs this week to 475.00. at the Lethbridge Yards 42.95-1 45.80 base price. All classes of I weaners and feeder hogs meet- i ing very good demand at about steady prices. Weaners 23-31 50. Light feed- steers j and gilts 85.00 to 162.50; baby calves 87.50 to 135.00; light calves 135.00 to 160.00; good dairy cows 500.00 to 875.00; me- dium quality dairy cows 350.00 WASHINGTON The farmer's basic need to sell his product may keep agricultural would increase domestic sup- plies. Michael Bloch. Named Salesman of the Month Beny Chevrolet Oldsmcbile is pleased to announce that Murray Bullock has achieved the honor of "SALESMAN OF THE MONTH" for May, 1973. Murray has had a wealth of experience in the automobile industry. He wel- comes his many Mends and customers to come in and see the new 1973 oars and trucks. As an experienced transportation expert his advice to you with Beny You'll BENYfit. BENY MURRAY BULLOCK CHEVROLET OlDSMOBILE OK SUPERMARKET CAR IOT PHONE 328-1101 prices in line with frozen whole-1 Michael's Finer Meats, Inc., of sale and retail prices, according j Columbus. Ohio, said Nixon's to a number of food processors I action amounted to "a self-im ville. Fal., farmers market. "We're not going to feed' president of; people for nothing." said Fred j Morris, co-owner of River View i and merchants. Some, however. haie freeze on farmers. They knovv how much thev can raise pressed concern that the 60-day their prices before packers and price freeze could keep some others along the line start bal- agricultural products off U S i Jang." he said. "If they jump price? too high, they know they can't said Farms'in Kansas Citv. In Wind- i with western prices sor Conn veetable rower higher and east sor. Conn vegetable grower Daniel Christenson said that if i ?2 33 to higher he couldn't sell for a profit, stronger with western prices 61 cents to higher and east- ern prices 26 cents to high- ers 100 32-37.25. er. Heavy feeders 100-130 Ibs. 38- A-J heifer carcasses were i 43 75 steady to stronger with west-' Heavy feeders over 130 Ibs. ern prices steady to S1.25 high- 51.50-57.25 all prices per head, er and eastern prices 21 cents Light feeders under 100 Ibs. sold to higher. from 39.25-63 per cwt. Veal carcasses were stronger j Heavy feeders over 100 Ibs. to sold from 31.25-38.75 per cwt higher and eastern prices Bred sows and gilts 95-160 per Hog prices EDMONTON (CP> Closing average prices provided by the Alberta hog producers market- ing board: 46.15. Average head. Boars 54-133. Good lambs 37. supermarket shelves pltogether.! President .Vucon ordered the general price freeze day, but exempted raw tural products sold by farmers.! The action led to some specula- tion that food processors and wholesalers would be forced to pay higher prices for raw agri- cultural products but be unable to raise their prices to retailers I have to pay more for an i item than I can sell it for, then I'm not going to buy it." said William Bos. of the Jackson- he'd "plow it Charles West, a major south- j ern Delaware vegetable farmer, i said, "We're going to raise our j prices. The American people; haven't even begun paying for i their food vet." Perlich Livestock Grain Prices Western lamb prices were steady to stronger and eastern prices were 50 cents higher Quebec was, the exception at IK tn were 1-659 head of llve- Pork bellies were 25 cents to gtock soW thjs S4 higher in the west and S1.67 j BrQs to 82.25 higher in the east. j____________________________ Prices for pork hams were steady to 50 cents higher in the west and 50 cents higher in the east. Slaughter cattle, steers A-l Red Deer 46 30. Average Thursday 45.35. Calgary 46.08. Average Thursday 45.43. Lethbridge no sale. Average Thursday 45.66. Lloydminster 45 40. Average Thursday 45.38 Fort Macleod no sale. Aver- age Thursday 44.41. Total hog sales 3.754, aver- age 46.17. Total sows 11, aver- age 34 75. THE STOCKMEN'S MARKET 300 TO 500 HOGS S6U. TUES., at 1 p.m. ALSO -DAIRY COWS- -BABY CALVES -SHEEP SPECIAL-10 BABY CALVES 2 MILKING MACHINES Hartford, Conn., food whole- saler James Economou. "We are going to take a long look at the situation, and if we can't make money on our prod- j ucts, then we are not going to said Frank Montgorn-, ery, general manager of H. A Johnson Co., a major Boston' food processor. i HOPES FOR INCREASES Winnipeg grain WINNIPEG (CP) -Flax prices posted major gains Fri- day on the Winnipeg Commod- ity Exchange, reversing the losses experienced through our much of the dav's early trad- other commodities suf- fered losses, with rapeseed los- ing the most, but oats was mix- ed and rye up one cent or less in active trading. At the close, flax was 15 to 14 cents higher. Vancouver The Nixon administration has' rapeseed U3'4 to 8 lower, Thun- said that efforts to increase der Bay rapeseed H to 5 lower, should tend Market Hogs Shipped Daily YEARLING FEEDER AND FAT CATTLE AND CALVES Thursday 1 p.m. 800 HEAD 800 SUMMERTIME EXOTIC SALE WED., JUNE 27th 1 p.m. EXPECTING 200 EXOTIC FEMALES iorly listings 20 Anjoo Heifer calves with Cnian'no heifer with damt 30-Registered Brown Swiss (bred ood n-Vi Simmental heifers with heifer tolv., 10 Vj Simmental Heifers (bred) 10 Vs Simmental Heifers (open) 10 Vi Blonde D'Aquitaine Heifer ealvet with Dam. 3 V4 Murray Grey Heifers (open) 4 Rising 2 year old Maine Anjou Heifers (to coif in August) yearling Anjou Heifenj (bred) 10 cows bred Tarinjaise 1-% Simmentol Heifer bred lo have tolf 2-Limousin half blood heifers with heifer eolvw 2-2 year old limouiin heifers due in October Limousin heifers, seemly bred PERLICH BROS. AUCTION MARKET LTD. letofed In the Hub of Southern Albedo's livestock Industry 3 miles east of lethbridge on Highway 3 and 'A mils BOX 1057, LETHBRIDGE PHONE DAY OR NIGHT 328-3951 food supplies should tend to j oats higher to lower, bar- j Oct hold prices down and prevent j ley 3% to lower and rye 1' N'ov higher prices for raw agricul- i to higher, tural produce. One method of Thursday's volume of trade fighting such a price rise is was 893.000 hushels of flax, Expori wheat prices all were up cent Grain quotes Friday High Low Close Flax Jly 666 631 Oct 616 593 Xov 6Q5-1 584 Dsc 572'2 553 Rapeseed Vancouver Jun 533'i 5281? Sep 524 Nov 527% SlO'-i Jan 503 512 S20 Rapeseed Thunder Bay and A-2: Calgary 44.75 to 46.10; Edmonton 43.50 to 45; Saska- toon 43.75 to 45.25: Winnipeg 46 to 47, Toronto 46 to 47.50; Mon- j (basis treal 45.50 to 46.25. Heifers, A-l and A-2: Calgary 41.75 to 4270; Edmonton 40.50 io 41.50; Saskatoon 40.50 to 42.25; Winnipeg 42.50 to 43.50; Toronto 43.50 to 45. D-l and D-2 cows. Calgary 34.50 lo 37; Edmonton 33.50 to 35, Saskatoon 35 to 37 25: Win- nipeg 36.50 to 37.50; Toronto 36 to' 37. 615 5321'2 529 524 517 Nixon's plan to put export con-' 741.000 of rapeseed and irols on feed grains, which' of rye. REGULAR CATTLE SALE EVERY MONDAY AT A.M. PLAN NOW TO ATTEND TABER. and DISTRICT 4-H CLUB'S SHOW and SALE Show: Toes., July 3rd Sale: Wed., July 4th Don't content to accept one offer it home, consign your livestock to us, where you are guaranteed to have Auction Ring full of to bid on your product. MRS. ANN FEURING COMPLEJE DISPERSAL Or HOUSEHOLD FURNITURE AND ANTIQUES SATURDAY, JUNE 23rd ot p.m. At the Feuring horns 5020 57th St. (Across from Cannery) PRAIRIE LIVESTOCK LTD. PHONE 223-3921, TABER DAY OR NIGHT Auctioneer: JOHNNY CHARITON lie 293 Sales Manager GARY JENSEN Dec Oats Jly J37H Oa 132-s Dec Barter Jly 205 Oct Dec Rye Jly Oct 193 ".2 194 397 510 499'-4 KWi 331 129 20! 194 391 "4. 194 51 S 503 400 132 192 194 IW't Fish change their sex completely SYDNEY (Reuteri An Australian zoologist has spent the last three years sitting on the sea bed watching fish change their sex. Ross Robertson, 26, a post- graduate student at Queens- land University, said yester- day he discovered that the cleaner fish, a small irrides- cent wrass, is capable of changing completely from fe- male to male within three weeks. He said that, the male clea- ner fish has a "harem' of five or six females, each of which gets regular attention. Almost immediately after the male dies, the chief "wife' begins displaying all the aggressive characteristics of the male, and within three weeks is sufficiently male to fertilize the other female eggs. New sheriff pistol champ FORTALEA. Brazil (Ren- ter) A straight-shooting 38- year-old blonde has been ap- pointed sheriff of Mondum- bjrn. an outer suburb of this coital of Ceara state in the wild northeast of Brazil. Margarida Maria Borges de Carvalho is a university grad- in jundicial and social packs the fast- est and most accurate female gun in the slate. For the last few years she has been state pistol-shooting champion, something that might give second thoughts to the trigger-happy gunslingers of Mondunbim. Taking her oath as new sheriff this week. Miss de Carvalho promised not to al- low "female sentimentalism" to interfere with her badge. First reports from the town of surprisingly indicated that known gunmen were not practising their draw but slickening their moustaches and polishing tlieir boots. WANTED SCRAP IRON NOW PAYING MORE FOR ALL TYPES OF SCRAP METAL Form Industrial Anything Made of Iron! COPPER BRASS RADIATORS BATTERIES CAST IRON Truck Truck Scales Magnet Crane Service National Salvage Company LIMITED NEW LOCATION 206 33rd Street North Phone 328-1721 "Scrap is Our Businesi" JUNIOR "A" HOCKEY HEARINGS (TIER I and TIER II HOCKEY FRANCHISES) The City of Lethbridge Community Ad- visory Committee will hear all interested groups seek- ing ice time for Junior "A" Hockey franchises for 1973- 74 1974-75 in City of Lethbridge Council Cham- bers, Thursday, July 5th, 1973 at 4-.00 P.M. All interested parties should obtain application criteria and submit application! to the City of bridge Community Services Department prior to 26th. For further information contact Bob Bartlett at ths Community Services Department. Telephone 328-2341, Local 239. AGREE ON AIR LINK LONDON (API Britain and China have reached agreement on a direct international trunk air link, the department of trade and industry said yester- day. The department it now is up to British Overseas Airways Corp. lo decide what route to follow and when to be- gin to PICTURE BUTTE AUCTION MARKET Ideally located in the centre of a large eatfle Feeding and Hog Raising 'tountry FEEDER CALF AND FAT CATTLE JUNE 20th 400 HEAD Services Available Trucking Branding Vaccinating Order Buying Government Veterinary Feeding Pens HOG and DAIRY CATTLE SALE every Saturday at 1 p.m. SPECIAL IS BABY CALVES MARKET HOGS ASSEMBLED MONDAY THRU FRIDAY For Information and JIM or JOE JURIS Phone 732.4400 listing contact Auefjon Morkef _ pjctur> Picture BuMe Auction market located 16 north of Highway 25 ;