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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 20, 1970, Lethbridge, Alberta Ottawa Weekly Livestock Report OTTAWA (CP) Cattle of- ferings at the 10 public stock- yards from Monday to Thurs- day tliis week totalled about an increase of slightly over from the previous wcek and 500 fewer than in the corresponding week a year ago. Exports of beef cattle to the United States last week to- talled only 182 head, all going for immediate slaughter. Despite only moderate offer- ings of cattle at public mar- kets, demand continues very uneven. Trading on all classes and grades of slaughter cattle remained under pressure at all major centres. Prices on steers were gen- erally 25 cents to ?1 lower, and ton to 37; Calgary 30 to 34.25. Good and choice veal calves: Montreal 41 lo 45; Toronto 33 to 34; Winnipeg 45 to 50; Sask- atoon 37.50; Edmonton 48 to 53. Good lambs: Toronto 34 to 37; Winnipeg 36 to 40; Calgary 30.10. Grade A hogs: Montreal 30.50 to 32; Toronto 31.75 to 33.75; Winnipeg 28.90 lo 30; Saskatoon 27.95 to 28.75; Edmonton 23.15 to 29.C5; Calgary 28.25 ID 29.05. Perlich Livestock There were head of live- stock sold at Perlich Bros. Auc- tion Market Ltd. this week. Re- ceipts included 756 cattle and 437 hogs. The fat cattle mark met an indifferent demand prices generally lower on all butcher classes. There was r good run of feeder cattle. Hei heifers mainly 50 cents to 52 down. Cows varied from steady to SI lower for the week. Feeder cattle followed H'6 suitable "for replacemen slower slaughter trade, and met a ,.cen demand from local met only moderate demand at j ami fl[ area Price steady to lower prices. quotations were as follows: The calf market was steady sLAUGiiTER CATTLE lo sharply lower. _ _ I choice steers 29.50 to 30.30 Hog prices averaged lower for the week, and good lambs were from steady to as much as lower. Choice steers: Montreal 32.75 lo 33.75; Toronto 31.50 to 32.50; Winnipeg 30.50 to 31.50: Saska- toon 29.25 to 30.60; Edmonton 22 to 29.75; Calgary 29.50 to 31.10. Good heifers: Montreal 25.25 to 26.50; Toronto 28 to 29: Win- nipeg 26 to 26.50; Saskatoon 24.50 to 26.50; Edmonton 26 to j To 38.75. Feede 26.50; Calgary 25.75 to 27.7o. and replacement heifers 600 t> Good cows: Montreal 23.50 to medium 28.50 to 29.50; gooc heifers 26.50 to 27.00; good cows 20.50 lo 21.80; medium 1950 to 20.50; canners and cut- ters 17 to 18.50; plain qualitj bulls 24.60 to 25.00. REPLACEMENT CATTLE Steers 750 to Ibs. 30 to 33.40; feeder steers 600 to 75( Ibs. 32 to 34.20; Holstein am plainer quality feeder steers 27 to 30.00; some sales higher on lighter weights; lightweigh' 26; Toronto 23.50 to 24.50; Win- nipeg 23 to 24. Saskatoon 22.50 to to 23.50; Edmonton 21.50 to 22.50; Calgary 21.50 to 23.50. Good feeder steers: Toronto 33 to 37; Winnipeg 30 to 36; Saskatoon 29 to 34.30; Edmon- SALESMAN OF THE MONTH FOR MAY 800 Ibs. 27 to 31.00 with sales to 34.50 on replacement heifers heifers 475 to 575 Ibs. 34 to 36.85; plainer kinds 29 lo 33.00 feeder cows 21 to 22.40; cov, and calf pairs 250.00 to 310.00 yearling and 2 year old bulls 350.00 to 520.00. HOGS AND DAIRY CATTLE The hog run was heavier this week and the demand was bet ter; weaners 15 to 16.50; light weaners 13.50 to 15.00; ligh feeders under' 100 Ibs. 24 to 30.00; feeders 100 to 160 ibs 30.25 to 39.00. Bred gilts ant sows 50 to 80.00. Baby calves 64 to 102.00 depending on breel and size. Good dairy cows t 335.00. JEAN BLOCK For the 2nd time this year Jean has won the Salesman of the Month award pre- jented by the M.L.S. Board. A consistently hard worker, Jean will give her full at- tention to your real estate needs, whether you are buy- ing or selling property. Call Jean at SCHWARTZ AGENCIES LIMITED, 328-3331 or Res. 327-8697. Potato Futures WINNIPEG (CP) The Man time potato futures market was practically neglected Friday. Open High Low Close Thur Nove 2.30A 2.30A 2.30A Mar 2.60B 2.60A 2.60A H. H. Smith Ltd. Customs Broker 263-80501 I KINGSGATE 328-8141 04-424-545S 9 COUTTS Phon. 344-38M PRAIRIE LIVESTOCK LTD. SALE EVERY MONDAY AT p.m. L 4 Let Us Take the Worry Out of Your Livestock Sales our contacts with professional order buyers, plus your early consignment, means lop prices for you! PRAfRSE LIVESTOCK LTD. (FORMERLY HANDIEY-JENSEN LIVESTOCK LTD.) PHONE TABER DAY OR NIGHT Auctioneer: Sales Manager JOHNNY CHARLTON GARY JENSEN lie. 293 Bond Prices Supplied by Uohcrl.v Roadhouse and McCuaig Bros. GOVERNMENT OF CANADA BONDS Bid Asked 0% Apr 1 '71 J00.03 Scp I '72 95.G5 98.33 Wo Ocl 1 '75 !I5.25 91.75 I Jly 1 '711 100.75 102.25 I'.i'.l Scp 1 '83 71.01) 72.50 Pcr'p. 3'.' Sep. 15 38.75 43.25 GOVtRNMENt Of CANADA GUARANTIED BONDS Con Hal. Rlwy. Bid Alkid i May '77 82.25 84.75 Jan '85 77.25 79.75 Ontai'iu Out. Hy N.B. N.S. Quebec Alberta Man Hy Eask Nfld. ACT Man Tel PROVINCIAl 7 '88 82.75 85.23 9 '.i '95 103.50 '05.00 '90 101.75 104.25 '92 73.75 70.25 '74 94.75 97.25 'SO 101.25 102.75 9 To '90 101.25 102.75 Wt '88 83.75 86.25 '90 100.75 103.25 B '74 98.25 99.75 8 f- '74 78.25 93.75 Lethbridge Livestock Sales Monday to Friday cuttle, 00 calves, hogs, 9 lambs. Butcher cattle prices 75 to 1.50 lower. Replacement cattle weak to 50 lower. Trade moder- ately active. Good and choice butcher steers under pressure, prices 75 to 1.00 lower, wilh sales to 31.00 early in the week. Medium grades dosing 1.00 to 1.50 low- :r. Good and choice butcher leifers opened steady, closing around 1.00 lower. Medium and good cows open- ed strong to 50 higher, closing 50 to 1.00 lower. Bulls about steady. Medium and good stocker and feeder cattle meeting reason- ably good demand from local buyers, prices weak to 50 low- er. INDUSTRIAL Abitiiti Alta. Gas Alumin. lank N.S. 7 i', BellTel 8 B.A. Oil 51i% Cn. Brew 5 Cn. Chem 7 C.P.R, 5 Cdn WN Con Gas Domtar T. Eaton GM 7 Husk Imp Oil I.A.C. TVs.% I.A.C. Labatt Loblaw Mac B. Norcent Nowest U Shell Oil 5ii% Tor Dom 6 Tor Dom 7 Tr. Can 5.85% Tr Fin West Tr S'.bT. West. G '87 79.75 82.25 '81 79.75 82.75 '73 88.2.5 90.75 '87 80.75 83.25 '77 95.75 98.25 '77 80.25 82.75 '83 65.75 09.25 '80 83.75 86.25 '83 67.75 70.25 '83 08.75 71.25 '82 71.75 7-1.25 '87 74.75 77.25 '87 82.25 84.75 '86 77.37% '87 75.75 78.25 '88 82.75 85.25 '86. 83.75 '84 79.75 '87 69.75 '81 72.75 75.25 '78 77.75 80.25 '88 72.75 '83 67.75 70.25 '77 79.75 '87 72.75 '87 81.75 84.25 '87 68.75 71.25 '87 80.25 82.75 '83 65.75 68.25 '87 75.73 78.25 CONVERTIBLES Con Gas '89 77.75 80.25 Dyn E Scurry Tr Cdn '82 76.75 82.25 77.75 83.25 '89 77.75 80.25 West, C '88 74.75 80.25 Beef Futures WINNIPEG (CP) Trading in the Winnipeg life beef futures market Friday was limited to a few contracts in July and September. Open High Low Close Thur. Jly 30.70A 30.70A 30.70 Sep 29.30A 29.30 29.27 29.27A 29.30 Nov 28.80N 28.80N Jan 28.80N 28.80N NET EARNINGS By THE CANADIAN PRESS Argus Corp. Ltd., six months ended May 31: 1970, 34.6 cents a share; 1969, 32.5 cents. Bethlehem Copper Corp. LW., three months ended May 31: 1970, 46.8 cents a s-hare; 1969, 35.8 cents. Now Extra Parking at the Mad! We now offer increased parking space for the convenience of registered guests! 95 additional underground stalls are available in the Avis Parking Garage adiacenl lo Hie hotel, with more space planned for the near futurel While in Edmonton make it the Hotel Macdonald Soccer Results Good stock steer calves lo good slock heifer calves 32 to 35. HOGS, I.A.MIIS Butcher bogs sold this week FOB Lethbridge 28 to 29.65 base price. There were 671 hogs sold for export, price converted to 22.45 to 23 livewcight. Wesncr and feeder hogs sold .50 lo 2.00 per head lower. Weaners 12 to 17.50. Light feed- ers under 100 Ibs. 17.75 to 25. Heavy feeders over 100 Ibs. 28 lo 38.50, all prices per head. Light feeders over 100 Ibs. sold from 24 to 29 per hundred- weight. Heavy feeders over 100 Ibs. 20.00 lo 24.50 per hundred- weight. Taber Livestock TABER Prairie Livestock By AIIT JOHNSON Canadian 1'rcss Staff Writer U was a grim time for slock brokers but some investors counted themselves among the fortunate this week as Canadian stock markets made large adv- ances. Trading, however, remained at Hie listless crawl established last week. At the Toronto SLAUGHTER CATTLE Steers, choice, 29.50 to 30.30; good, 28.50 to 29.50; medium 26 to 27. Heifers, choice, 26 to 27.25; !0ocl, 25 to 26. Cows, good. 20.50 to 21.70; I medium, 19 to 20; canners and j cutters 16 to 18. i Bulls, gccd, 25 to 27. HEFLACEJIENTS Good heavy feeder steers over 750 Ibs. 29 to 32; good j light stock steers 550 to 650 Ibs. 32 to 36; good feeder heifers 28.50 to 31.50: _______________________________Saturday, Juno 20, 1970 THE LETHBRIDGE HERAtD 11 Index Jumps 4.17 Points Slock Ex- but adding that the nation still faces serious problems. Markets (lipped slightly after Mr. Nixon's talk but began to rally laic Thursday when it was announced that inflation in the U.S. was casing. ANALYSTS CAUTIOUS Many analysts and other mar- ket observer's arc still cautious when commenting on short- or lung-term trends. lislics among these low points. liongard Leslie and Co. of To- ronto says in its June invest- Armed Forces Offer Jobs To Students which held steady with last week. Bulls were steady. Year ling feeder steers down 50 cents. Yearling feeder heifers down There were insuffi- cient calves on offer lo esta- blish a firm market. Weaner hogs came back up Feed- er hoss steady. Gccd butcher cows 22.50 to fair lo medium butcher COWS 20.50 to 22.25. Cows and calves to 320; bulls 4.10 to 23.75. Good yearling feeder steers 32 to 33.00; lair to medium feeder steers 30 to 31.75. Good yearling feeder heifers 30 to 31.50; fair to medium feeder heifers 27.75 to 29.75. Weaner hogs 12 to 19.50; light feeders 20 to 24.25. Our next sale will be bald Monday June 22. Sale time is p.m. For listings please plane 223-3921. change, the advance on the in- dustrial index, 4.17 points to 150.63, was the largest of the wcek since a five-day period that ended Nov. 14, 1969. The second-largest advance in 1970 was for Hie week ending fcb. 23, when the index jumped 3.49 points to 183.92. Volume of trading at the To- ronto exchange was up slightly from last week, with shares changing hands, com- pared with last week. Last week was the slowest five-day trading period of 1970. TRADING SLOW The Toronto exchange posted A sustained reversal of tho long bearish trend cannot be ac- complished overnight. "Jt is our opinion that (the floating dollar and reduction in the bank rate) might well prove to be the catalytic agents re- tive attitudes toward the slock ULIIUS. i Some say markets now have formed new bases after the steady erosion of the last few months but others maintain that this process is still to be com- pleted. The Toronto brokerage firm, J. 11. Crang and Co., says in its June 17 newsletter: "The process of forming a base could last quite a few months. "This base-forming period could well he a protracted one. especially when one takes into account that there will be ome psychological low points." The firm includes balance-of- payments figures, corporate On index at Toronto, base metals were up 3.18 lo 92.46 and western oils 5.33 to 136.11. Golds dropped 5.12 lo Gains outnumbered losses 414 to 313 with 231 issues un- changed. At the Montreal and Canadian exchanges, combined volume was shares compared with last week. Gains outnumbered losses 165 its slowest trading session Mon- day since April 18, 1960. Observers say many investors i are still leery of buying or sell-1 ing shares after the frantic dips j of a few weeks ago. j While there was no Canadian news this week to spark sharp advances, the United Stales provided two prods to drive markets up. Anticipation built up in the early part of the week among investors who expected that President Richard Nixon would give words of encouragement in his economic address Wednes- day. Mr. Nixon failed to do so. say- ing only that the U.S. economy was the strongest in the profits and unemployment to 125 105 issues un- changed. The composite index was up 5.03 to 153.69. CUT IT OUT McKay Technical Institute 10012 107 St. EDMONTON (CP) The Ca- nadian Armed Forces will offer jobs to about prairie stu- dents' as part of a j federal government program to i provide summer employment j for students. Maj. Jeff Jefferies, regional information officer for the de- partment of national defence, said that to qualify, students must be between 16 and 21 years old, physically fit and either a Canadian citizen or British subject. Those accepted will receive regular force pay in addition to room and board, Tbs students1 will receive two or three weeks of basic mili- tary training at local bases, then move to Camp Waimvright, 100 miles southeast of Edmon- ton, for four weeks. DIVIDENDS By THE CANADIAN PRESS Automotive Hardware C o. Ltd., 6 cents, July 15, record June 30. Dominion Textile Co. Ltd., common 15 cents; 7 per cent pfd. ?1.75; both July 15, record June 25. Joins City Real Estate Firm BILL GOLIA Fort Whoop-Up Real Estate Agencies are pleased to an- nounce that Bill Golia is now associated with their firm. He will happily look after all your Real Estate needs. FIRESTONE STORES WE NEED A SERVICE MANAGER with store manager potential. Liberal starting salary, bonus plan, rapid advancement. Apply to AL MYCHASIW FIRESTONE STORES 3 Ave. and 8 St. S., Lethbridge STORE FOR RENT GOOD LOCATION ON 5th STREET SOUTH Suitable for shoe store or ladies' wear store APPLY; Stan's Men's Wear 321 5th St. S. SMEN AND WOMEN Step saying "I can't get a good job because I don't Bhave a college Industry is desperately needing technically skilled 0 people. Salaries are high, conditions ore great in the field of Computer Pro- gramming, C o m p u t o r Operating, I.B.M. Key Punch and Drafting and Designing. Find out where you fit in enquire re- student financing and free placement assistance. Edmonton, Alta. (Name) (Address) (City) (Age) (Last School Grade Completed) Mister Donut Didn't Invent Success But They Do Know What Causes It! When you have the right product, the right people and '.he right program oil working for you togeth- er, your chances for success are positive. And It's this combination that has made Mister Donut o giant company. With Mister Donut you're getting a multi-million dollar product, the momentum of fifteen years of unbroken growth, the backing of a hard-hilting 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. Send me, obligation, full information on how I can own a Mister Donut franchise. Name Address City PRQV ZIP PHONE MAIL TO: Mr. James Charade, MISTER DONUT OF CANADA LTD. 1111 Finch Ave. W., Swilc 206, Downsview, Ontario, M-LH A WESTERN CANADA FOOD PROCESSOR REQUIRES A PLANT MANAGER PREFERABLY WITH 3-5 YEARS EXPERIENCE in Food Processing Management A degree in Food Science or related field would be an advantage. Pleqse reply: P.O. Box 781 LETHBRIDGE, ALBERTA, CANADA Opening Also Available for Supervisory Personnel! Deportment of Municipal Affairs Under the direction of the Head, Land nnd Assess- ment Branch, the incumbent of this position will be re- quired to value all residential, commercial, industrial, agricultural land, and buildings in the Territory beyond Ihe limits of unincorporated municipalities. The work also includes responsibility for preparation of an assess- ment roll and tax roll, maintenance of records related to the assessment function, and dealing with inquiries and correspondence on assessment problems and pro- cedures. Applicants for this position should have completed grade XII supplemented by course work in the field of appraisal and assessment and should have several years experience in assessment or appraisal practices and procedures. SALARY: Under Review QUOTE COMP. NO. 70-1347-1 To ensure consideration resumes outlining train- ing, experience, references and salary requirements should be submitted as soon as possible toi PERSONNEL OFFICE, GOVERNMENT OF THE YUKON TERRITORY, P.O. BOX 2703, WHITEHORSE, Y.T. THE STOCKMANS MARKET Join the many farmers and ranchers who market their cattle in our modern facilities. K HOG SALES EVERY TUESDAY P.M. 'WEANER AND FEEDER HOGS BROOD SOWS-BOARS BABY CAWES-DAIRY COWS, ETC. REGULAR CATTLE SALES EVERY THURS.-l P.M. Stocker Feeder and Fat Cattle LARGE LUMBER AUCTION TUES., JUNE 23rd AFTER THE HOG SALE FEET 2x4 2x6 2x10 2x10 Tongue and groove Planed and rough Various lengths Perlich Bros. Auction Market Ltd. located !n Ihe hub of Soultiern Alberta's livestock in- dustry 3 miles cast of Lethbridge on Highway 3 and !i mile south. PHONE DAY OR NIGHT 328-3951 BOX 1057, LETHBRIDGE REGULAR CATTLE SALE June ON OFFER 500 to 600 HEAD Highlighted by 50 HEAD YEARLINGS from ED NELSON, STAVELY AUCTION 'M E ;