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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 17, 1972, Lethbridge, Alberta Bond prices Stronger trend evident Food prices increase n Edmonton, Calgary Supplied by Doherty MeCuaig Limited GOVERNMENT OF CANADA BONDS PROVINCIAL GOVERNMENT OF CANADA GUARANTEED BONDS Sept 1, '72 100.00 100.25 Oct.' 1, '75 97.00 98.00 8 July 1, '78 104.00 105.00 414'f. Sept. 1, '83 79.00 80.00 Perp. 3 Sept. 15 40.00 43.00 6V4% Apr. 1, '75 100.50 101.50 7V1% Jill. 1, 5Vi% Sept. 1, '75 102.00 103.00 '02 82.00 83.00 '90 104.00 100.00 '88 91. CO 93.00 '9! 107.00 109.00 '90 108.00 110.00 '74 100.00 102.00 '92 83.00 85.00 '74 100.00 102.00 'SO 105.00 107.00 Man Hyd 8 '91 98.00 100.00 Sask MS% '90 105.00 107.00 Nfld 9'iVo '9D 106.00 108.00 ACT 8 '74 101.00 103.01) Man Tel 8 '74 101.00 103.00 Alberta 8V Ontario 7 Ont Hyd 9 New Br 014 Nfld N S. Quebec Alberta 8 BteTo INDUSTRIALS Alia G T 914% '90 105.00 107.00 Alcan '91 105.00 107.50 B C For '92 107.00 109.00 B.C. Tel '90 105.00 107.00 Bell Tel Bell Tel CP Ltd Wit: CP Sec Cdn Util CWNG Gulf Oil Inter P P '90 105.50 107.50 Massey Noranda lilt Nickel 9Vtf" N and C G 9V-j% '91 106.00 108.00 St of Cdn '90 105.00 107.00 Tr Cdn P '90 107.00 109.00 Tr Cdn P 10% 109.00 111.00 CONVERTIBLES '79 104.50 106.50 '93 108.00 110.00 '89 103.50 105.50 '90 104.00 10D.OO '91 106.00 108.00 '90 107.00 109.00 '90 103.50 105.50 '80 104.50 107.50 '90 105.00 107.00 1M.50 107.50 H. H. Smith Ltd. Customs Broker coins 812 Alta G T 714% fins Gas Dynasty 7 Acklands Sour Rain 7'A% Tr Cdn P 5 WC Tr C 514% WC Tr 7K% 146.00 150.00 '89 92.00 94.00 '82 108.00 112.00 '88 95.00 98.00 '88 87.00 89.00 '89 107.00 108.00 '88 97.50 99.50 '91 127.00 130.00 Killer rain hits Hong Koiig HONG KONG (AP) Hong Kong counted eight dead in floods and landslides Saturday as heavy rain continued to hit the battered colony for the sec- ond day. More than a dozen oth- ers were reported missing and at least two of those were be- lieved buried under tons of mud and rock In one of the more than 30 landslides that have crashed down Hong Kong's steep hillsides since Friday morning. FOR SALE OR RENT OR RENT WITH OPTION TO PURCHASE Corner lot property at 1210-3 Ave. North The lot with offrco and warehouse can be purchased with dawn, balance as rent per month If interested contact: J. KUNDRICK, JR. Box 687 or Telephone 327-9015 By PETER LEICI1N1TZ Canadian Press Stalf Writer Rebounding from heavy losses in recent weeks, major Cana- dian stock markets advanced io moderate trading this week. Analysts said much of I lie ad- ance was the result of bar- .ain-buying, particularly in is- sues which had been over-sold during the market's decline. Markets generally closed ligher during the first four of he five trading sessions, edging fractionally lower Friday under pressure of profit-taking. At Toronto, the industrial index, a broad indicator of mar- ket trend, was up 1.85 points during the week, closing Friday at 203.92. At New York, prices made moderate gains, erasing part ol the severe decline suffered dur- ing the previous week. Trading was moderate. On the Montreal and Cana- dian exchanges, the composite index was up 3.29 points during the week, closing Friday at 212.29. Combined volume on the two exchanges was 7.74 million shares, compared with 8.88 mil- lion a week earlier. VOLUME DROPS Trading was light on the To- ronto market with a total ol 11.62 million shares changin_ hands during the week, down from 13.33 million a week ear- lier. Western oil issues soared sharply liigher following an an- nouncement that two major ol and gas study groups hac merged under the new name Gas Arctic-Northwest Projec Study Group and plan to build a pipeline down the River valley. The western oil index at To- ronto jumped 13.04 points during the week, closing Friday a' 237.19, its best level since Sept 21, 1371. At New York, the Dow Jones industrial average of 30 ke; blue-chip issues rose 10.61 points to 945.06. A week earlier thi index plunged almost 27 points one of its worst declines of the year. Total volume on the New York market this week wa 77.37 million shares, up fron 71.26 million last week. Profit-taking early in thi BOILER AND PRESSURE VESSEL INSPECTION ENGINEERS Positions are now available in Edmonton with tha Alberta Department of Manpower and Labour for in- dividuals interested in a career in Power Plant Inspec- tion. The successful applicants will have a First Class Engineer's Certificate or a degree In Mechanical En- gineering and be familiar wilh the design, fabrication, installation, operation and maintenance of high pres- sure steam plants and pressure plant equipment. Salary range to Starting salary com- mensurate with training and experience. Attractive fringe benefits included. Competition No. 6003-3. Closing data June 27, 1972. Information and application forms from: GOVERNMENT OF ALBERTA Personnel Administration Office Room 500 Terrace Building 96 Avenue and 106 Street Edmonton, Atberia. ATTENTION BUSINESS AND OFFICE MANAGERS WB Are Offering For Sale Or Rental Purchase ONE FIVE TOTAL BURROUGHS F 5200 ACCOUNTING MACHINE with automatic alignment, dual printing heads, simplified numeric keyboard, fast -four program change and other (ea- tuj-oi. Approximately seven years old in excellent condition and used "for four years. Programmed now for cccounls re- ceivable, accounts receivable age analysis, general ledger, trial balance and cheque writing. We were processing eight thousand sale invoices working with over three thousand active accounls plus general ledger requirements. Ease of operation makes ior efficient machine lime and one girl con handle all aspects easily. TOTAL PRICE S1SOO.OO We are willing to offer o training period and assist wilh farm design which would eliminate any program changes for a small additional charge. ONE BURROUGHS THIRTEEN FULl KEYBOARD PAPER TAPE PUNCH MACHINE :n good working condition. This equipment requires litlls maintenance due to the solid printing heads which also cul bock an the noise factor. We used ihis equipment to process over input entries each month handled by one girk TOTAL PRfCE S5OO.OO At on a time we used both machines wilh our paper taps punch machine producing our sales analysis breakdown. Plecue call MR. GEORGE DRUHAN at 337-7249 for furlher Air Canada business fantastic MONTREAL (CP) Air Can ada reports an 86-per-cent in crease in transatlantic passen ger travel during May com pared with the same period las year, and Guy Gauvereau, th airline's sales manager, say "it's fantastic." "I couldn't believe the figures until I saw I hem. You can sti get a seat but it takes persist ence." Other airlines are also pros pering with overseas flights. BOAC has reported a 5fl-per cent jump in passengers Mil year over last, while Alilali shows a 20-per-cent increase i overseas traffic from Montrea Figures released by the fnter national Air Transport Associa tion in its latest survey showec Ihe percentage of seats fillet in aircraft is up to 52.4 per cenl This is a gain of 8.3 per cen over last year for all travi across the Atlantic. IN EDMONTON Stay At the RIVIERA THE HOTH WITH MORE TO OFfER AND WE NOW HAVE COLORED TV For Your Convenience in Making Reservations CAU AND ASK FOR LONG DISTANCE ZEnilh 0-7255 at no coil to you IVIERA MOTOR HOTEL 5359 Calgary Trail Ecfmorilcn, Alberta Phone (403) 434-3431 Telex: 037-2510 eek resulted in sharp losses gold issues, but a rally mid- ay through the week erased uch of the decline. The gold dex of the Toronto market lost points, closing Friday at 9.38. Banking issues moved sharply gher midway through the eek following an agreement raong the banks to reduce short-lerm interest rates. The liigh cost of short-term money in recent months has been a major factor for the poor per- formance of the banking sector of the market. Base metal issues edged frac- tionally higher in quiet trading this week, with the Toronto market's base metal indei gain- ing .43 points to 96.53. Solurdoy, June 17, 1972 THE IETHBRIDGE HERALD Producing more, earning less OTTAWA (CP) Canadians ave been producing arning less in salaries and earlier Statistics anada figures Viave indicated, he federal statistics bureau aid Friday. The bureau released a fresh eport for the first three months f 1972, together with the first art of a general revision of old tatistics on the gross national total value of all oods and Services produced in year in the country. The report showed that the 1NP was running at an annual ate of billion during the irst quarter of 1972. This mounted to a 2.2 per cent in- crease over 1971, but more tSiafl lalf the increase was in higher >rices. The growth in "real" output is, physical volume of oods and one ter cent. The general price level was .1 .per cent higher. Earlier this year, Statistics Canada reported the growth in output during the final three months of 1971 was 1.5 per cent, and this was about the pace of mprovement that prevailed hrough all of 1971. On Friday, however, the bu- reau announced revised figures 'or 1970 and 1971. It said it is aking its revision of old figures >ack as far as 1947, bringing hem up to date on the basis oi more accurate and more de- ailed data now available. The net result of the revision s that total GNP last year was ligher than originally reportec billion. In the fina" hree months it was running al an annual rate of billion Prices rose faster than origi- nally reported in 1970. Another revised finding was that the current recovery from the mini-slump in 1909-70 started early in 1971, not late in 1970 as originally thought. Corporation profits before taxes last year were signifi- cantly higher than originally re- ported, and so were the rents obtained by landlords and other small businessmen. The in- creases reflected in the revision were six and nearly 15 per cent, respectively. Wages and salaries were nearly one per cent lower than originally reported for last year. But if the pattern of the first three months of this year is car- ried through to the end of the that is quite unpre- dictable salaries and supplementary income will go up 6.5 per cent. Corporation profits before taxes will go up 11 per cent, and net income of non-farm, unin eorporated business income, in- cluding rents, will be up five per cent. OTTAWA (CP) Shoppers lund higher food prices In Ed- lonton and Calgary last month, ut significantly lower food rices in Toronto and Ottawa, tatisllcs Canada has reported. Food price changes In other ities were smaller by compari- on. Shoppers also found higher lothing prices prevailing in most cities. Higher rents also revailed generally across Can- da. These trends were reported in Jie statistics bureau's monthly Deport ou consumer price exes in the 14 principal cities nd city combinations repre enting provincial interests icross the country. The regional city indexes can- not be used to compared living osls between one city and an- ither, however. Separate tabu- ations are not made on the cost of buying a house, but Statistics Janada said it is working on his problem. Food prices rose 1.2 per cent n Edmonton and Calgary. They declined 1.3 per cent in Toronto and 1.1 per cent in Ottawa. Tho index covering rent and house- operation rose in all cities ALBERTA REAL ESTATE ASSOCIATION HOWARD G- YANOSIK A Director of the Alberto Re< Estate Ai social ion for 1972 Howard G. Yanosik of Lelh bridge. A long tfme resident of Lelh bridge, Mr. Yanosik is with Art Williams Agencies Lid He is a Past President and officer of The Lethbridge Estate Board. The Alberla Real Etlale saefafion, representing the reat estale boards nnrf Albertan's licensed to trade ii real estate, hat Sis office at Co gcuy. SEND NOW FOR FULL DETAILS TO: DIRECTOR OF DENTAL SERVICES Department of Health and Social Development Administration Bldg., 109 St. 98 Ave. Edmonton, Alberta. T5K OC8 PROVINCE OF ALBERTA I I I I I I I I H Department of Health Social Development but Quebec, Montreal, Ottawa, Winnipeg and Saskatoon and Regina. The statistics bureau reported earlier this month that the cross-country consumer price index rose narrowly in May to 138.3 from 138.2 in April, based on 1961 prices equalling 100. Lower food prices were offset by higher living costs in olher fields. The city indexes for May, fol- lowed by April index, were: St. John's, Nfld., '128.0, 127.5; Halifax 130.2, 129.9; Saint John, N.B., 129.8, 129.5; Montreal 130.7, 130.4; Ottawa 134.7, 135.1; Toronto 133.4, 133.4; Winnipeg 132.4, 131.9; Saskatooo and Re- guia 127.1, 127.3; Edmonton and Calgary 132.C, 132.0; Vancouver 131.8, 131.6. On the basts of 1969 prices equalling 100: Quebec City 107.0, 107.0; Thunder Bay 107.1, 107.0. SMALL PROFESSION There are about chiro- practors in the United States. GENERAL CONTRACTOR OPERATING THROUGHOUT BRITISH COLUMBIA require! PAVING SUPERINTENDENT Successful oppiiccml should have expedience in highway paving and related work such as: aggregate production and grade preparation. Reply giving oge, marifal status, past experience and references if available to Letlibridge Heraid, Box No. 125 NOW! A COMPLETE ALBERTA NATURE LIBRARY FOR HOLIDAY OR GRADUATION ALL AGES) 50 FOUR BEAUTIFUL VOLUMES AT ONE LOW PRICE Here in one beautifully illustrated library set of over 1600 pages (much of the content in full colour) is the most comprehensive record of Alberta Wildlife to date. These books fill a growing need for accurate, interesting information by a public that is more concerned with ECOLOGY than at any other period in history. Few books have such an appeal to all ages to Albertans in both rural and urban areas. HIKERS CAMPERS CONSER- VATIONISTS CAMERA BUFFS SCUBA DIVERS FISHERMEN TEACHERS STUDENTS YOUTH GROUP LEADERS anyone whose work or recreation takes them out of doors -will find countless items to stimulate their interest. BIRDS OF ALBERTA Designed to help vou identrfy any Wrds seen fn and find wry spsciet you may wish to observe. Both scientific and popular names ere given. species is identified by colour photographs or line drawings, and illustrations are placed in dosa proximity to, the description in the text. FLOWERS OF ALBERTA An ideal book for laymen wtio whi to learn more about flowers as well as an excellent teaching Bid for parents and leaders of youth groups. Scientific terms are avoided whenever possible, although they are defined in the glossary- Soina 400 of the most popular and familiar floivering plants of Alberta described In detail. FISHES OF ALBERTA Beautifufly illustrated record of tn9 lifespan end habitat of the various spa ties of fish found within the province. Sections tm fish ecology, history of culture in Alberta, fish identification, diagrams and definitions of scientific term? as well as phoiographs make Ons book required reading for fishermen, scuba divers and anyone interested in water resources. MAMMALS OF ALBERTA Thru is the first book dcvoled lo Hie us.vmern of all animak known to exist in Alhena The volume deals with 153 and subspecies from the buffalo 10 The iiny gcssstiopper mouse. Each species is dealt with m regard to its appear a nrf. we. rhsinbtition. habrtat and various peculiarities of patterns, habits and othei aspects of life ruMoiy. "MammrJs of a welcome addition 10 The inbrdFy of every animal (over. LIMITED SUPPLY- ORDER NOW! THE QUEEN'S PRINTER ?of The Province of Alberta 1 IblO King way Avenue, EDMONTON, AlbflMa. TSG ?Y5 Pk-ate mail me_ "Ttie Alberta Library" at Sl9.50per set. Enclosed please find my cheque or nnoney cndsr iot SET yfJiyrr____________I PROV. ALSO AVAILABLE AT LEADING ALBERTA BOOKSTORES ;