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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 17, 1970, Lethbridge, Alberta I _ TUB IHHBRIDGE HEBAID Wodnaidoy, Juno 17, 1970 arket TORONTO (CP) ronto stock market was up sharply in light mid-morning trading today. On index, .industrials jumped 1.36 to 155.29, golds .05 to 153.88, The To-1 three-year expansion program for its recently-acquired Rotax facilities in Austria. The engine company has also unveiled now, lightweight snowmobile i satisfy consumer demand for base metals 181 to" S0.5G and 1 lower-priced machine, western oils 1.94 to 137.51. Trading remained listless, shares changing hands, compared with at the same time Tuesday. Gains outnumbered losses 147 to 39 with 120 issues unchanged: The market began moving up- ward Tuesday under pressure from a strong upward thrust at New York. Among gaining issues, Fal- conbridge was up 33j to 1333j, Gas Vz to HVi. Inco >-i to and Alberta Gas Trunk to 41. Seaway Multicorp., asked by the Toronto Stock Exchange to show why its shares should not be suspended from trading, was down 1 to 91-z. The exchange said in a report tit members that Seaway and its subsidiary, Levy Industries Ltd. did not meet exchange require- ments regarding notice of an annual meeting of shareholders and issuance of an annual re- port for 1969. MARKET HIGHER MONTREAL (CP) The Montreal stock market was higher across the board in early trading today. Trading was light and banks and industrials led the rally. Bombardier Ltd., up ls to announced a Hog Prices EDMONTON (CP) Prices to 11 a.m. today supplied by Velcro Industries gained to 21 Walker-Gooderham to 42, Moore Corp. to Mac- Millan Bloedel Vi to Gulf Oil Canada Vi to 15V4 and Inco to Toronto Dominion Bank adv- anced to Bank of Nova Scotia to and Royal to 2F.1. On index, industrials were up 1 It to 155.11, utilities .19 to to 169.16, the "Alberta Hog Marketing Board: Edmonton: Quoted Producers and sell- ing 28.25. Tuesday's average 28.05. Hed Deer: No sales. Tues- day's average 28.00. Calgary. Quoted and selling B 30 Tuesday's average 28.13. Lethbridge: No sales. Tues- day's average 28.05. Lloydminster: No sales. Tuesday's average 27.60. Sows at all points 21.00. Total hogs sold to 11 a.m., 90. Total hogs sold Tuesday 7.805. Aver- age 28.03. pers .5-1 Combined volume on the Montreal and Canadian stock exchanges was shares at 11 a.m. compared with at the same time Tuesday. MODERATE TRADE NEW YORK (AP) stock market gave up early morning gains in moderate trade today. At noon the Dow Jones aver are of 30 industrials was down 0 07 at 706.19. Earlier in the day it had been up almost six points. Brokers noted the investor pullout was prior to President Nixon's noon speech on the economy. Anticipation about the address had been cited previously by an- alysts as a major factor contrib- uting to the rally that began Tuesday. At noon the Associated Press 60-stock index was unchanged at 259.8. Among Canadians, Mclntyre Corp. rose 3, Walker Gooder- ham Vt, Inco and Massey 14. Dome Mines fell 1 and Alcan Vs. On the American Stock Ex- change, Scurry-Rainbow and Canadian Marconi each fell V Jupiter Corp. rose Potato Prices WINNIPEG (CP) The Mar- itime potato futures market was inactive Tuesday. NOT March Close Mon. 2.30 2.30 2.60 2.60 STORE FOR RENT GOOD IOCAT10N ON 5th STREET SOUTH Suitable for shoe tfore or ladies' wear APPlYi Stan's Men's Wear 321 5th St. S. Mister Donut Didn't Invent Success But They Do .Know What Causes It! When you hovo the right product, the right peopls nnd tho right program oil working for you togeth- er, your chances for success ore positive. And it'i this combination that has made Mister Donut a giant company. With Mister Donut you're getting a multi-million dollar product, tho momentum of fifteen years of unbroken growth, the backing of a hard-hilling advertising and P.R. program, and the know-how that trains you to be successful. Franchises are available in your area now. Call Mr. James Charade, (416) 630-7746 collect, or fill out the coupon. 5snd me, without obligation, full information on how I can own a Mister Donut franchise. Name Addres: City ZIP PHONE MAIL TO: Mr. James Charade, MISTER DONUT OF CANADA ITD, 1111 Finch Ave. W., Suite 206, Downsview, Ontario. M-LH MISCELLANEOUS QUOTATIONS Vancouver, Calgary, Montreal Livestock Conflicting Reports Track QM Page 31 (Supplied by Doherty, Roadhouse and McCuaig) LAST BIO OK livestock (Supplied by Canada Department of Wheat Crop Quotet) Quotes) offer to 11 a.m. 135 WESTERN OILS Hud Bay 01 35 .75 Cnnoda Growth 5.SO mostly butc li e wrrrm MArKIR ment to the present he said Mi1. Mmlnex DM, pfd'" 20.00 Commonweolth 10.VO and steers Trade moder- He said in singled out an By Oil T. 8.12V, Corn-wealth Lev 2.71 active. All classes fhe amendment could Donff 8.40 War 280 Corp. Investors 5.09 :an South 3.15 P, pr pjDO 825 Dreyfus F US steers meeting Conflicting quickly as a passage of the -H" I'll um 33'42'''' 5w prices 25 cents on the size of the measure while the Act is in fact :d Griaol 680 'nf sfeel 5'5S i 9 33 10 and choice butcher winter wheat crops in is being he said. "If steps !dn Home 7.35 Lake f.'u Investors Mil' 4.'S2 '.'5 Cdn Homo UOO n 75 105 Venture 2.97 3.5a Cdn Ind Km KofU Miftii.l Arcum. 4.13 sold steady. All classes of cows were meeting an States wei'e heard in the Commons Tuesday. Lang said the passage of the Canada Grains Act protein grading are to be proceeded with. This Is Cdn Long Is .85 Cdn Suoer 25.75 Onl pt rent Del Rio 10.75 rharler 6.50 Mutual GUI F 3.8? 4.16 51 Mutual Inconio d.10 5.60 Nalurot Res 6.17 6.E5 20 37W Principal Gth 3.60 3.95 12.00 Regent Fund 7.14 7.80 9J..W ROVfund J.W demand. Prices 50 ents lower. Heifrey kinds sell-ng to 23.90. Medium and good leavy replacement steers P. Cleave (NDP Saska-toon-Biggar) asked Otto Lang, minister without portfolio in charge of the wheat board, the jurisdiction of Agriculture Minister H. A. of great importance to wheat producers in Canada. I hope tire agriculture minister' and the house will be able fhletlan 7.95 Dynom Pels 1.20 "3 at stcadv rates. Choice steers 30 to 30.80; ood 29 to 30; medium 27 to should not summon another conference of wheat ex-sorting nations in view of passage of this legislation accordingly. Mr. Muir said the new :fj Petrol 1-10 CALGARY Bornite Ridge .16 S5S1 M. heifers 27.50 to 28.10; ood 26.50 to 27.25. Good cows 21 to 22.90; of the "bumper" crop ex-jectcd in the U.S. "There are recent Grain Act is a complicated and extensive piece of new legislation. He said Kcerr Ba.r v. 20 to 20.75; canners the Americans are committee must Scurry Rain 16.00 Plains Pete .27 Ca -f 17 to another banner wheat (CP) very serious and Spooner 1.48 West Warn churchlll 3.60 Triad 3.50 Leduc Calm .04 6.75 West Dec ressure and Mr. Gleave. Mr. Lang voiced puzzlement. "The member is obviously reading reports which must issue from a very mysterious source. The last report I saw indicated that wher'eas this year's U.S. wheat crop had dropped about bushels compared to last year, the forecast was that next are found in drugs used and bought wthout prescription by the general public for common head colds and headaches." The kidney disease, renal papillary necrosis, "was previously very rare and first described in the Scandinavian countries, but the disease has turned up in other proposed changes in export grain standards. Mr. Speaker Lucien Lamour-eux said the member was making a suggestion to the minister and presumably the minister would take it under consideration. He ni ed aigainsl Mr. Muir asking any more follow up LAST BID OR below heavy heifer prices. Cows were steady would be down about another disease had been reported in medical journals for a.m. Ouotes) a.m. Quotes! a.m. lands scarce. Biills years but "evidence INDUSTRIALS Motion's B 13-00 Frobex Abltlbl 8.00 North, Cent 11. M First WjrllimM Cho'ice steers 30 to 30.80, members asked the minister if he would overwhelming and as a teaching hospital we felt Schaefer produced the first artificial snow in Alcan 22.12'A Pemblna Pp 17.00 Giant 7.75 Alaoma Steel 11 P.ower Corp 6.50 Gortdrum to 29.75, medium 27.50 inquiries regarding take the initiaive Schenectady, N.Y., by Ako Ind Price Co 8.87Vi choice heifers 27.50 in other it off the list of drugs into a deep freeze. ?e" i slrr.Dson's 1600 Holllnqer good 26.50 to 27.25, 25 25 to 26.25; good report to the the basis for cloud Brazil Trac 14.12V, impso _ BMr'n, 5 MIA Steel or Can 21.00 Hydra Ex to 23.20, medium 21.25 Lang said he might try to make available from, time BC 2400 Selkirk A 10.00 Highland Bell 2.75 I'.C. Sugar 17'.SO Texaco 21.37V, Iron Bay 2.6S TAP Infl 420 Traders Gp A V.OO ISO 1-71 Cdn 6.50 Trans Mln Pp 14.62'A Jollet Quebec canners and cutters 19.5C .0 21; good bulls 26 ta 28. Replacement cattle some information about production in other countries. He said the sources of some Pancake Chemcell J-90 Trans Can Pp 2.I.87V3 Kerr Addison 11.03 Ca'l 21 Un'Sn Oif 31 JZVi ffl'.SO mi ruwci i '.yu Versatile Mfd 2 60 LakQ Shore 3 being mostly fleshy steers selling at steady opposition members appeared 1000 Wcsteel loioo Leilch feeder steers 30 to will try to see that at Cdn Indus! 900 Union Car 12.00 Langis Silver .OTA Tannria S S 2000 Weston's B 20.25 Macassa 1.32 X Marconi' 330 West Cdn Sd 2.20 Madsen R.L. lightweight steers 34.25; ;ocd feeder heifers 25.50 members opposite who are interested, are location in Marathon Cdn Vickers 650 Zenith Elec 1.40 Malartlc G.F. .82 Lan vicners BANKS Martin AAcNeelV There were no stock accurate reports City of Lethbridga to be open about Octo- ll 50 Can Imperial 19.63'A Maybrur, 21 rSSln'co Montreal 15.25 Maclnlyn 161.00 Cora Bath" 13 '5 Nova Meta IB rat Royal 21.50 Mldrlm calves on offer. Hogs f.o.b. Calgary to 11 a.m. base price to said Mr. Lang. George Muir (PC Lisgar) asked "in view of the 1970. Cash required approximately Capital Investment returned In Sea 4700 Tor-Corn 18.62Vi Inlern Mogul 9.25 ulsr i- MINES New Athona were steady required in the four Domta? 1375 Acme 09 New Calumet .23V4 uamidr jog mcw imperial spring lambs committee of further write or nhona nnS ifnrii5 11M Akaitcho '.40 Noranda 37.37V MS SSSffi M rf im.r" Jl'oo Black Bay .Oa'A Osbko LTKED A wild hog found in the the New Grain Act, and Uie full appreciation of all members of the committee PANCAKE HOUSES Gt Cdn Oil 375 Bralorne 1.80 Katlno is known as the babi russa or pig-deer. It is a importance of protein in export grain standards, 8th Ave. Brunswick S.'lS P.C. Exp. food of the natives and minister be prepared to (403) Hakwpr 190 Canada Tung. 1.75 Quebec Man .20 Huron Eire' )j Casslar 19.50 Rayrcck 1.20 Wrarn' WaV iloo Centra pa.... 2.55 Imrorlal nil 160n Chlmo 1.36 Rio Algom 17.12V ImSa 1300 Conwest 10.00 Roman Corp. 6.50 I I'M! t.l .mini 4 Cons Rambler .88 silvertlelds is reputed to taste better than government to bring forward the appropriate StPoe 2050 Coin 'Lake 15 Sherrilt Gordon 18.00 nv GP A" 625 Dochenour 40 silver Miller -OS Int 52.50 Cralgmotit _ 11.50 Steep_ Rock Kelly Doug A'. Deer Horn .09 MO Minei Metro storej 1750 Donalds Wright Har. 1.37 sey Ftrg Discovery Mint 1.31 Wlllroy McMillan Bio. East Mulartli: 1.02 .11 Moors Corp East Sullivan 5.60 Yellowknlhr Br. Kon'i A 12.75 Falconbrldg. 138.00 Zenmac NEW YORK Supplied by Richardson, Securities of Canada Ansconda J4 BTtt Montgomery Ward 30 Golds 150.92 off Amer T and T 42 75S Sears 57.25 10 B Mets 90.42 Up Beth 'steel 23.00 Standard Oil N.J. 55.75 15 W Oils 135.78 up 51 50 Texas Gulf 117.00 Volume Comsat Him Texas ?0 27.00 NEW YORK DupSit ..117.50 Woolworth 29.62K, 30 Indus! 705.85 all OF CANADA JOINS BENT'S SALES Prices Winnipeg Grain klllllllbll VI DATED JULY 1, 1970 Bank of Canada is authorized by tte Minister of rinance to receive subscriptions for a loan, to issued for cash as f in the final hour year 9 month 6i% bonds due April 1, rapeseed prices sharpl higher at the close of the Win nipeg Grain Exchange price: 99.85% Yielding about 6.58% to 'i prices had psytbls October 1 April f about two cents1 from months' interest ptyabla October I, f f following sad Saskatchewan would its rapeseed acreage 70 per cent this year. In the final hour, however, year 6i% bonds due July 1, running in shorts, price: oversold in the earl about 6.72% to f, V f prices payable January 1 Hud July due to hedging and JIM mid-session. Flax higher on 1 1 g Jim lias been employed with Beny's for six years os o leryice advisor. Ha also had 6 Oats and barley were unchanged on extremely year 7i% bonds due July 1, 1975 Issue price: Tuesday's volume of trade In eluded bushels of flax of rapeseed and about 7.49% to maturity Merest payable January 1 and July 1 Denominations: aad Jim was born and raised in Taber and is well known many. He is a married man with three children. Hs welcomes all his many, friends and of rye. Export loadings of Canadian wheat included to Minister of Finance reserves the right to accept or reject in wcole or- in part mibsoriptioa and to allot a total of plus or minus up to tances to ics him at Beny's and to of Canada has agreed to acquire minimum of of the new Bonds, their motoring needs. Ha will Low to very pleased to of service to Jly 280% 279% 280} Oft 271 268% of the offering will be used to redeem of Government of Canada 6% Bonds due July 1, 1970 and of Government of Canada 71% Bonds due July 265 264% 265 Dec and for general purposes of the Government of Canada, The new Bonds will be dated July 1, 1970 and will bear interest from that date. 322 303 321 Nov 266 257 interest are payable in lawful money of Canada. Principal is payable at. any Agency of Bank of Canada, Interest is payable at any branch in Canada of any chartered bank TdfiW 01 ML', i charge. Definitive bonds will be available on juiy vwiuioui, <4fv 247% 245 and thereafter in two forms: bearer form with attached and fully with interest payable by cheque. Bonds of both forms will be in n 75V Oct 76 and fully interchangeable as to denomination form without charge (subject transfer' requirements where Jly 109V Oct new Bonds aro authorized pursuant to an Act of the Parliament of Canada and both principal and interest are a charge on the Consolidated Revenue I'und of 107 lor flie new Bonds may be made, gnbjerf to allotment, through any Investment dealer eligible to art as a primary distributor or through any bank In 10214 100% 106 lOI'.i ;