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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 23, 1970, Lethbridge, Alberta QUOTATIONS Vancouver, Calgary, Montreal (Supplied by Dohcrty, Roadhouse and McCualg) LAST DID Oil SALE a.m. Quotes) a.m. Quotes) a.m. Quotes) WESTERN OILS Int Steel 5.37'A Growth Eqluty 5.36 5. Almlnex .1.00 Jelf Lako Or Income Sh 3.80 3.0 Asmera 13. 35 Kaiser Res Invebt Gr Banfl 8.00 Kain Kot a 1.99 Invest Mut 5. Can South 3.10 Lake Ont Ft 1.90 IOS Venture 3.01 3. Cdn Exp Gas 3.30 Mentor 47 Mul Accum Fd -1.24 4. Can Grigol 6.30 Newconcx 6.10 Mul Gr Fd 3.89 4. Cdn Home Pac Pete Mut Income A Cdn Ind Gas 8.50 Rank Organ Nat Resources i.39 6. Cdn Super 24.50 Shell nv 24.00 Prin Gr 3.62 3. Cent Del Rio Shell Inv 2400 Provident Mut 5.82 6. Charter 6.50 Shell nv Wts T0.37Vi Royfund 4.62 4. Chlellan 7.50 Sicks Ranler Ace 4.10 4. Dynam Pete 1.21 West Cdn Sd 2.15 VANCOUVER French Pclo 5.15 While and Yuk. Anrlk Gt Plains 17.50 CALGARY Mill City 1.27 Acroll 1.00 Arctic Mining .19 New Cont 86 Anac Pete 07 Atlas Explor .93 North Cdn Oil 5.50 Barons Oil 06 Numac 4.95 Norlh Conl 03 Bornlte Permc. 70 Plains Pete .25 Petrol 1.05 West Warn .45 Brenda 11.00 Pinnacle 77 Lcduc Cam .05V, Place Gas 1.20 Madison 19 Ponder 49 Oulnalta S'C-. P 'f'S Ranger 8.30 Rental- .16 fop! Scurry Rain 15.00 PIPELINE STOCKS Churchill Cop 3.8i Spooner 1.41 Alia Gas Tr A 45.25 Crcstbrook For 6.75 Triad 3.70 Alia r-as Hat 18.00 West Dec 4.20 Cdn West Nat Gas 14.50 Dolly Vardcn MISCELLANEOUS Hat Gas 9.00 5! INDUSTRIALS Cc" pStirNv 28 Alco Ind 9.J5 B 25.00 Nil? MM S S 545 iS iShoBre" J-S Crows 4Q.CQ Western Pacific Cy0nus A 4.40 MUTUAL FUNDS 2MS Cygnus B 4.50 A.G.F. Special 2.09 Mt Wash 10 Cum Prop 8.50 All Cdn Com Madrona 30 Gf Cdn Oil 3.90 AN Cdn Divid 7.11 7.77 New Cronin 07 Gr Cdn Oil Sd 96.00 All. Cdn Ven 3.13 3.42 New Imp Mines 2.00 Home A Amer Gr Fd 4.28 J.70 Primer 16 Home B 16.00 Cdn Gr 4.74 5.21 silver Sfd 142 Home and Pit 2.10 Cdn Invest Fd 3.91 4.35 T.C Explor 40 Hud Bay Co 12.12Va Col! Mut 5.07 5.57 Texmont 51 Hud Bay Oil 36.00 Commonwealth 11.13 12.20 Trojan 53 .Hugh Rus Pfd 20.50 Corp Invest 4.79 5.23 West Mires 4.15 Husky Oil B.OO Dreyfus Fd U.S. 9.68 10.61 Westcoast Res 28 Int Pro Pipe 8.40 North Fn 3.44 3.78 West Explor ?1 Int Utll Pfd North Gr 4.41 Utka 1.01 TORONTO MINES, INDUSTRIALS Supplied by Richardson Securities of Canada LAST BID OR SALE a.m. Quotes} a.m. Quotes) a.m. Quotes) INDUSTRIALS Molson's B 13.75 Falconbrldge 141.00 Abltlbl 7.75 Cent JJ-gW Frobex 30 Akan 22.50 Power Corp 625 First Marltlmes 1.15 Algoma Steel 12.50 Price Co 8.12'A Giant Y.K 8.00 Atco Ind 8.75 Rothmans 9.75 Gorldrum 3.65 kis Bell Tel 42.00 sears t _ 2100 Headway R.L. 13.00 Brazil Trac 13.75 Sleel 0 Can 21.E7'A Hollintter 27.00 n r Tpl wrrft Selkirk A 10.50 Hud. Bay M-S 23.50 Burns Texaco 22.00 Hydra Ex 22 B r 91 w Traders Gp A 9.00 Highland Bell 3.00 B.C sS'.V. S ?anS Pp Iron Bay 2.65 TAP Intl A no Trans Can Pp 25.00 'so Cdn Brew 650 Gas 13.00 Jollet Quebec .21 5'm Union Oil 30.00 Kerr Addison CoTSutosa 5 25 Versatile Mis 2.45 Key Anacon .40 ca Power 2125 Wesleel 9.87'A Labrador 2825 i rvpHlt I in Car Shore 3.45 CWN Gas 1000 Weslon's B 21.50 Leitch 1.65 Cdn Indust" Woodward's A T5.00 Langis Silver .07 Canada SS" West Cdn Sd 2.05 Macassa 1.30 SnMarLnl'..- ..S Zenith Else 1.25 JAadsen R L. .92 iS'lo BANKS Can Imperial 19.75 Maybrun 21 Monies 15.25 Maclntyre U3.00 comlnco 22.50 Nova 17.oo Cons Bath 13.00 Rova, MIdrim 32 Cons Gas U50 Tor-Dom Intern MoquI 9.20 UlSt bea JI5.25 Mpw ithnna 17 Don, Drldse 1OO MINES cSlV 53V Domtar 14.00 n Nevg, 203 Dom Textlel 9.37ft Advocate Asb. 2.00 Noranda 27.B7V Dom Stores 12.61V, Akaiicho Jl Northqate Dome Pete 48.00 Area Mines 2.00 Opemiska 1375 Fan Play 9.50 Belcher Iron .40 Osisko 30 Gt Cdn Oil 3.90 Black Bay 09 patino 35.50 Gen Motors 66.50 Bralornn 1.65 Pine Point 30.50 21 Dev- 30-00 Gulf Cda 15.25 Bethlehem P.C. Exp 67 Hawker Sid l.m Brunsw ck 5.15 Quebec Man .20 Hvron, Erie 16.00 Canada Tung. 1.90 Rayrock 1.27 Hiram Walk 41.25 Cass ar 19.75 Radiore 30 Imperial Oi! 16.25 Central Pat. 2.70 Rio Algom 1800 mperinl Totj 13.37V4 chimo 1.40 Roman Corp. 6.25 nt Nickel 42.75 Conwest 10.50 Silverfields Ontario Labor Laws Hit Unions, Lethbridge Livestock No Sale. Calgary Livestock CALGARY (CP) On offer to 11 a.m.: about head mostly steers and heifers will a fair percentage of lightweights. Trado was moderately active. Slaughter steers sold fairly steady. Heifers were steady with sales to 27.50. Good cows steady, medium and canners fully steady. Bulls sold higher with sales to 29.40. Choice steers 29.25 to 30.10, good 28.25 to 29.25, medium 27 to 28; choice heifers 26.25 to 27.30, good 25.75 to 26.50, medium 24.50 to 25.50; good cows 21.25 to 22.25, medium 20.25 to 21.25, canners and cutters 18 to 20; good bulls 26.50 to 29. Replacement cattle were mostly fleshy steers weighing more than 800 pounds and heifers over 650 pounds1. Prices were generally steady. Good feeder steers 29.50 to 31; good stock and feeder heifers 26.50 to 27.50. There were no stock or slaughter calves on offer early. TlVere were no hogs sold f.o.b. Calgary to 11 (CP) amendment to Ontario's labo law provide procedures for im posing heavy financial penalties on unions or companies whici carry out, or even threaten, ille gal strikes or lockouts. The n m e n d m e n t s, to the Labor Relations Act, introduced in the legislature Monday by Labor Minister Dallon Bales also will allow employers in the construction industry; who com plain they are at the mercy o powerful trade unions, to bano together in accredited bargain ing groups. Another change, which Mr. Bales claimed was a first in North America, guarantees a striking employee the right to his former job back any time he wishes to return to work within the first six months of a strike. The labor minister told n news conference he was introducing the amendments during the last week before the legislature adjourns for the summer "to give the people of this province time to study them." He said the changes will "improve the ways to industria peace while providing additiona' rights and freedoms to and promised the bit would be high on the order oi legislature business this fall. WOULD RAISE FINES The amendments raise fines 'or all breaches of the Labor Relations' Act to from 5100 for individuals and :rom for unions and companies upon conviction by a court. Under present law, strikes and lockouts could bring awards 'or damages on top of these fines only if the employer and union had signed a contract clause providing for payment of costs of illegal strikes and lockouts. The amendments will change his to provide for damage awards by arbitration in all cases, even when there is no specific clause in the agreement. Threatening an illegal strike or lockout will also be cause for ir.es and damage awards. Mr. Bales said this amendment is aimed at cases where unions threaten a strike to try to force a general contractor to ise only sub-contractors who lave collective agreements with certain unions. The labor minister said he rapes the employer accreditation scheme for construction contractors will be in force be-ore the next major bargaining ounds in the industry. REPRESENT MAJORITY Under the proposed legisla-ion, employer groups who can irove they represent the major-ty of construction employers nd employees in an area, will je accredited with bargaining ights to negotiate collective greements. Setting up of the groups will >e voluntary, but, once estab-ished, they will prevent individ-al employers -from entering nto separate agreements with rade problems covered in these reports, including protection for workers in the face of techmo-logical change, ex parte injunctions, or Mr. Rand's recommendations lor making unions lega entities which can be sued ant for setting up a powerful labor tribunal to arbitrate disputes. The labor minister said changes in the law relating to ex parte injunctions, by which one side in a dispute may obtain a court order without the other side being heard, are being drafted by the attorney-general's department. He said his amendment allowing strikers new guarantees that they cannot lose their jobs permanently during the first six months after they go on strike will 6f> much to reduce tension during labor disputes. BE UNFAIR' Mr. Bales said the labor department felt that asking an employer to guarantee jobs after longer than six months would be an "unfair burden." The amendments also include changes designed to force more vpies in the certification procedure by which unions gain the right to negotiate for an employee group. Only 35 per cent, instead of 45 per cent, of the membership will be needed for employees a certification a change intended to make it easier lo organize remote or far-flung bargaining units. A simple majority of votes will still he enough for certification but the percentage required for certification without a voto is increased lo from 55-per-ccnt membership support. The proposed legislation Will also authorize the minister to establish special industrial Inquiry corranissiors io investigate and report on protracted labor disputes or disputes in essential services. The commissions will supplement the work of conciliation boards, having much the same powers. But Mr. Bales said that since the commissions will sometimes make settlement recommendations, they could become a for wage review and wage restraint. The amendments also: set up a system for private settlement of inter-union jurisdiction disputes; protect employees against discharge under terms of a union security provision when the loss cf membership involves "legitimate formK of internal union dissent; and allow employees to opt out of union dues checkoffs for religious reasons if they give the money to charity instead. Oil, lad Index D TORONTO (CP) The To ronto stock market was mixec to fractionally lower in ligh mid-morning trading today. On index, industrials drappcc .21 to 156.13, and western oils 1.03 to 134.94. Golds were un changed at 151.65' and base met als advanced .30 to 92.61. Volume by 11 a.m. was 343.001 shares, compared with at the same time Monday. Losses outnumbered gains 82 to 69 with 151 issues unchanged The largest were in beverage communication and bank sectors. Seagram dropped 1 to Argus 'A to 13, Internationa Utilities to Chrysler to Standard Broadcasting to Canadian Industrie' Gas to 8% and Pacific Pete Vz to 21 New Quebec Raglan was down Vi to Home A eclines 14, Mclntyre to 164 and Beth lehem to 14V4. MARKET FIRM MONTREAL (CP) Til Montreal stock market wa fractionally firmer in extremeli light early trading today. TransCanada PipeLine wa off to 25% on a 100-shar trade. The National Energj Board has set Oct. 6 as the dat a s e d Ford Foundation which now is making its first investment in the field of real estate development. Some of the major components in the first phase of the project include the creation of Montreal's second1 weatherproof pedestrian system, creation of three residential clusters containing middle-income dwelling units, a 29-storey medical-office tower, and iwo "action centres" containing boutiques, shops, cinemas and a market 1 rust Won't Cu TORONTO (CP) While reaction was generally favora ble to announcements Monday that Canada's chartered banks will reduce interest rates paic on non-chequing accounts ;nd charged on mortgages, there was little indication that many trust companies would follow t Rates Most major banks said they will cut their rate of interest paid on non-chequing accounts to six per cent from Interest charged on mortgages will be reduced to 10 per cent from lOti and National Housing Act Mortgages to 9% per cent from E. H. Heeney, president of National Trust Co. of Toronto, said that although no definite decision 'ias been made, his company probably will follow with a reduction to 6Vi per cent from 6% on non-chequing accounts. The company's mortgage rates were reduced by about one-half point to per cent on prime loans last week. But Donald G. Keelands, president of Canada Permanent Trust Co. of Toronto, said he does not think his company will reduce its per cent paid on non-chequing accounts. Allan B. Ramsay, president of Guaranty Trust Co. of Canada Ltd. of Toronto, said if "we could find ourselves in a position to reduce term deposit rates, then mo r t g a g e rates would probably come off too." R. T. Ryan, vice-president of Mortgage Insurance Co. of Canada, Toronto, said the size of the drop in mortgage rates surprised him. "I would have expected a reduction of one-quarter point rather than lie said. Chairman In Hospital TORONTO (CP) Officials at Toronto General Hospital said today Col. R. S. Mc-jaughlin, 98, chairman of the board of General Motors of Canada Ltd., remains in safefac-ory condition. He underwent an operation Friday for a bowel of rapeseed and of rye. Export loadings of Canadian wheat Monday included jushels to Japan, to Singapore, to the United States aoid to Russia. Prices for Class Two wheat for export to countries outside IGA: 1 Nor 2 3 4 1 Durum 2 3 1.62; 4 IGA prices: 1 Nor 2 3 4 1 Durum 2 3 1.62; 4 High Low Close Flax Jly 286% 282% 286% Oct 271 269% 270% Nov 265% 265 265% Dec 263 262 263 Rapeseed Jly 312% 302% 302% Nov 259 253% 254% Jan 247V4 242 242% Mar 242 237% 238% Oats Jly 7514 75V4 75V4 Oct 76% Dec 76% Barley Jly 109% 109% Oct 110% 110% 110% Dec _ 110% Rye Jly 98 97% 97% Oct 102% 102% Dec 104% 104 Check Of Billing Practices EDMONTON' (CP) A random check of doctors' billing practices will be conducted by the Alberta Health Care Commission, it was announced here. James Falconer, chairman of the commission, said in an interview patients would be sent a statement of their records and would be asked to verify the accuracy. "It is a method to verify accounts and give us feedback on the reaction to the account which the practitioner has submitted on his behalf." It would also bring to light any "discrepancies or abnormal situations" that might exist. The announcement follows a recent incident in Stony Plain, Alta., in which three physicians were disciplined for over-charg' ing on patients' Prices EDMONTON (CP) Weekly egg and poultry report issued >y the Alberta department of agriculture: Eggs To producers A arge 33; A medium 26; A small 16-17; B 12; C 8; cracks 0. To retailers A large 46-48; A medium 39-40; A small 29-31; B 2G-29. To Utililies 21.25 cochenour Indust Accept 14.50 Craiqmont Laurentide 4.00 Dickenson Kelly Doug A 5.S2W Denison M Loeb 4.25 Deer Horn Loblaw A 5.62'A D'Eldona Metro Stores 17.00 Dome Min Massey Ferg 9.12'A Donalda McMillan Bloa Discovery Moore Corp 30.00 East Mala Molson's A East Sulliv NEW YOF .Supplied by Richards Amr T and T ___ 42.25 Sears Anaconda 25.00 Sid Oil of Bth Steel Texas Gulf Comat 31.75 Texas Co Dupont 120.35 Woolworl-h Gen Motors West Elec Gulf 24.00 U.S. Stee nt Harvester 24.62V2 TORONTO Kenn Copper 48.00 20 Indust 1. Mont Ward 42.75 20 Golds 45 steep Rock 3.15 11.50 Siscoe 2.25 M ne 1.60 Tek Corp. 5.90 nes 23.50 Texmont .51 Urjper Canada 1.38 95 Western Mines 4.20 s S3.00 Wriqht Har. 1.55 .31 WiilVoy 1.33 Mine 1.30 Windfall 13 tic .90 Yellowknlte Br. 4.60 an 5.50 Zenmac .10 STOCKS on. Securities of Canada 57.00 10 Base Metals 92.W up .33 NJ 57.62Vji: West Oils 134.70 off 1.27 116.50 Volume YORK Potato Prices WINNIPEG (CP) The Mari-times potato futures market was inactive Monday. Open High Low Close Fri. Nov 2.30A 2.30A Mar 2.60A medium 41-44. Poultry To producers Fowl under 4, 6-7. Turkey under 12, 12 to 18, over 18, 26. Live No. 2 chicken broilers, Turkey under 12, 12 to 18, over 18, Bales said the new mendments are based on the eports of the late Mr. Justice van Rand's royal commission nto labor disputes; the federal Voods task force on labor rela-ons, and the investigation into is Canadian construction in-ustry conducted by labor Carl Goldenberg and John rispo. However, the amendments do ot deal with many Charged With Murder REGINA (CP) Keith Rus- '-'2 32.00 20 Rails 133.90 oft 2.40 AVERAGES 15 Utilities 97.23 off .51 5.36 otf 65 Stocks 223.20 oft 97 up .32 Volume Frees WAESAW (AP) Two Britons held on spy charges in Poland were tDld today by Polish authorities Spies were free to return home, the British embassy announced. The British charge d 'affaires, Alan Bowes Horn, said the Polish foreign ministry had informed him of the decision and officials at the embassy made arrangements to get Jeffrey Futcher and Ian Turnbull from Zielona Gora, where they have been imprisoned for the three weeks. Both railway enthusiasts, TiirnbuU, 30, and Futcher, 28, were accused of photographing trains, classified information in Poland, at the time of their arrest. "It appears the Polish authorities have accepted our explanation the two were just innocent train said Futures WINNIPEG (CP) Trading in the Winnipeg live beef futures market was light Monday with contracts in the July figures. Open High Low Close Fri. Jly 30.50 30.50 30.50 30.50B 30.70A Sep 29.27N29.27A NOV 28.80A 28.80N Jan 28.80N Smitty's Pancake House Franchise Available Excellent location In Marathon Development in City of Lethbridge to be open abouf October, 1 970. Cash required approximately Capital investment returned in approximately four years. For further information please write or phone SMITTY'S PANCAKE HOUSES ITD. 709 8th Ave. 5.W., CALGARY, Alberta. 263-5683 Koski, 23, of Regina has )een charged with non-capital murder in the weekend shooing of Daniel Bertrand, 20, of St. Laurent, Que. RCMP said Bertrand was hot in the neck with a .22-calibre pistol at a party in a armhouse near Grand Coulee, about 13 miles northwest of Prices EDMONTON (CP) Hog prices provided by the Alberta Hog Producers' Marketing Board: Edmonton: Quoted and selling 28.25. Average Monday 29.30. Red Deer: No market. Average Monday 29.52. Calgary: Quoted and selling 28.75. Average Monday 29.67. Lloyd minster: No market. Average Monday 28.30. Grande Prairie: No market. No market Monday. Total hogs sold to 11 a.m. 839. Total sows sold six. Total hogs sold Monday average 29.38. AT LETHBRIDGE Monday sales 923 hogs. Weatl-er and feeder hogs met fair demand. Weaners sold weak to lower. Light and heavy feeders steady. Weaners 9.25 to 17; light feeders under 100 Ibs. 20 to 26.25; heavy feeders 100 to 130 Ibs. 28 to 31.25; heavy feeders 1 over 130 Ibs. 34.25 to 39.25. All c prices per head. c Light feeders under 100 Ibs. 1 sold from 24.50 to 30 per 1 randredweight. Heavy feeders i over 100 Ibs. 21 to 23 per 1 mndredweight. Greek Officers Farm Wins Tory Nomination FALHER (CP) Marvin Ucore, 31, a farmer from was nominated to contest le new provincial constitu-ncy of Smoky River for the 'regressive Conservatives in le next provincial general ection. Mr. won the nomina-icn over two other candidates a meeting in this Peace iver district community, 70 niles northeast of Grande (AP) A royal decree today retired 45 ranking Greek armed forces officers who had completed 35 years or lad asked to leave the sendee, retirement followed rumors :hat some high officers were op-xsed to streamlining the armed 'orces. It was the largest retirement list posted in almost a Donut Didn't Invent Success But They Do Know What Causes It! When you have the right product, tha right people and jhe right program oil working for you together, your chances for succesi ore positive. And it's this combination that has made Mister Donut o 1 giant company. With Mister Donut you're getting a multi-million dollar product, !he momentum of R fifteen yean of unbroken growth, the backing of H a hard-hitting advertising and P.R. program, and 1 tho know-how that trains you to be successful. Franchises are ovailablg n your area now. Call Mr. James Charade, (416) 630-7746 collect, or fill out tho coupon, H Send me, without oblige ion, full information on how 1 can own a Mister Donut franchise. H PLEASE NOTE The ADDRESS of the IMPORTANT UNRESERVED AUCTION SALE of TRACTORS and FARM EQUIPMENT on behalf of JOHN DEERE LTD. that appeared in Saturday's Herald Should have Corner of 33rd St. and 5th Ave. N. TIME FRI., JUNE 26th 1 1 a.m. City Fined For Pollution BUFFALO (AP) The Erie bounty health commissioner ined the City of Buffalo Monday for air pollution. Dr. Vilh'am E. Moslier said the city violated the county's sanitary ode in the operation of an in-inerator and dump on Squaw sland in the Niagara River. rhe city was accused of allow-ng open burning at the dump, lie county code prohibits all ypcs of open Now Against standing grain is insured 1H against fire oss at no extra charge, .-aflaB us now' Bo safo not sorry. Kf Insure against hail with fORSTtR jGfNg 706 3rd Ave. S. Phone 327-2793 "Servinq tie South with Integrity GENE FORSTER For Nearly 60 FOR RENT GOOD LOCATION ON Sth STREET SOUTH Suitable for shoe store or ladies' wear store APPLYi Stan's Men's Wear 321 Sth St. Address City PROV 7IP PHnMF MAIL TO: Mr. James Charade, I QQf MISTER DONUT OF CANADA LTD. 1111 Finch Ave. W.r Suite 206, 9 Downsvicw, Ontario. MUSter ;