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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 26, 1970, Lethbridge, Alberta Friday, June 26, 1970 THE LETHBRIDGE HERALD 19 QUOTATIONS Vancouver, Calgary, Montreal (Supplied by Doherty, Roadhousc and McCuaig) LAST HID Oil SALE a.m. Quotes) :.m. Qooles! Ouotes) WESTERN OILS Inl Pro P po 8.20 Northwest Hln 3.33 3.3i Almlnex 100 Ir.t Utll Pfd 2135 Northwest Gr 3.82 4.30 Slight Ga On Stock TORONTO (CP) The Toronto stock market made fractional gains in light mid-morning trading today. On index, industrials rose .19 to 153.26, golds .46 to 157.33, base metals .26 to 90.50 and western oils .41 to 132.26. Volume by 11 a.m. was shares, down from at the same time Made Market Gains outnumbered losses 100 to 42 with 123 issues unchanged. The market began to edge upward in late trading Thursday, after drifting throughout most of the session. The rise was1 made under pressure from Wall Street. Largest gams were in industrial mining, paper and forest and steel sectors. Among advancing stocks, Federal Farms was up 35 cents to Inco to Mas-sey-Ferguson to 10, Greyhound to 10, International Utilities to 20% and Pacific Pete to Lake Dufault was up to 17% and Numac 25 cents to Bell lost to 42, Noranda to and Alcan to 22. LIGHT TRADE MONTREAL (CP) Most price changes were fractional today on a mixed Montreal stock market. Trading was1 extremely light. Trading was resumed in the shares of James United Industries Ltd1, after being halted Thursday pending the company's announcement that it plans to seek shareholder approval to wind up its operations voluntarily. The issue, listed on the Montreal Stock Exchange, did not trade early today. Falconbridge gained 1% to Calgary Power to 21% and toco to Cominco fell to 21% and CPR to On index, industrials were up .14 to 153.15 and papers .11 to 84.02. Utilities were off .53 to 124.10, banks .90 to 165.42 and the composite .10 to 149.25. Combined volume on the Montreal and Canadian Stock Exchanges was shares at 11 a.m. compared with at the same time Thursday. SMALL GAINS NEW YORK (AP) The stock market, moving within a narrow range today, registered small gains in slow trade. At noon, the Dow Jones average of 30 industrials was up 0.14 at 693.73. Among Canadians, Genstar Ltd. rose Hudson Bay Mining Inco and Massey Alcan fell and Dome Mines On the American Stock Exchange, Canadian Javelin fell 1% and Scurry-Rainbow 12.25 Irit StMl 5.50 Growth Equity 5.33 5.85 Bonn 7.90 Jed Lake 8.25 Gr Income Sh 2.70 2.95 Can South 3.05 Joulel 1.17 '-X 'JS Cdn Delhi 2.85 Kaiser Re! H37V4 18 1M Cdn Exp Gas 3.20 Kam Kolla 1.90 Vent 2.98 3.26 Cdn Grqol 5.95 Lake Onl Pt 2.00 {Jut Ace Fd 4.13 4.54 Cdn Home 6.05 5.75 f' Sin 9i'S? ?262'A Resources t.W ia Lon buper KanK urtjan Prin prnwih i 1 79 Cent Del Rio 9.80 Selkirk Hold 11.75 If, Jg Charter 6.50 Shell Inv 2150 H? Chleflan 7.00 Shel! Inv 2100 oSL ,u 475 Dynam Pete 1.10 Shell Inv WIs 10.50 MX Accilm i'm 4.41 French Pete 4. GO Sicks Ranlcr VflHrnUVFB Gt Plains 17.50 West Cdn SO 2.10 Mininn in'A S, SUSV UM JSSV'v. v. S 1 Pelro! 1.01 Barons Oil .05V; Kmac 54 Pinnacle 71 North Cont .03 BC sugar H25 Place Gas 1.11 West Warn .45 j'S Ponder 50 Leduc Calm .06K, 345 Ranger ___ 7.90 Madison 19 credit .1.10 Scurry Rain 14.75 Quinalta 05 crestbrook For 7 00 Spooner Rexdale 15 croyden 30 Triad 3.55 PIPELINE STOCKS Dolly Varden 42 West Dec 4.10 Gas Tr A 40.25 Dynasty 6.90 uicrn i Alia Gas Nat 17.75 Fort Reliance -12 iMniKTBia MC Cdn Wfist Nat Gas 14.00 Futurity 21 Na, Gas WJM Mascot 2.95 Atco Ind North and Cen 11.25 Granisle 12.00 Afluataine 17.25 North and Cen B 25.00 Key Indust 38 Brit Nfld 4.05 Gaz Metro 3.35 Hy'S 3.00 Grain Prices Winnipeg Grain Prices WINNIPEG (CP) Most of the day's activity centred in rapeseed with prices sightly higher at the close of the Winnipeg Grain Exchange today. Commission house and shipper buying entered the rape-seed market and it was also announced that Japan had taken a few parcels overnight. Flax was also on a slightly lower price pattern with traders following activity on the Chicago soybean market. Oats, barley and rye had generally light trade but both barley and rye Dec. experienced some shipper buying. Volume of trade Thursday included bushels of flax, of rye and of rapeseed. Export loadings of Canadian wheat consisted of bushels to Belgium, to Venezuela and to Russia. Prices for Class Two wheat for export to countries outside IGA: 1 Nor 1.73V6; 2 1.70V4; 3 1.62; 4 1 Durum 1.74; 2 1.71; 3 4 JGA prices: 1 Nor 2 3 1.62; 4 1 Durum 1.74; 2 1.71; 3 4 High Low Close Flax Jly 294% 293 293% Oct 275 273 273 NOV 267% 266Y4 266% Dec 264% 263y4 263% Rapeseed Jly 298 293% 294 Nov 260 255% 257% Jan 243% 246% Mar 243 240% Oats Jly 75y4 Oct 76% Dec 76% Barley JJy 109% Oct 110% Dec 110% 110% 110% Rye Jly 99% 97% 99 Oct 104% 102% 103% Dec 106 104% Hyd Car 11.25 Tr Cdn Pipe 25.25 Inter Brew 3.95 Cdn Ind Gas 8.25 Tr Cdn Pipe A 53.00 Jericho 07 Cdn Pac Inv 21.00 Tr Cdn Pipe War A.6S Karri Copper 10 CPR Pfd B.OO Wesfcoast Tr 16.25 Lorncx 6.60 Crows Nest In. 40.00 Western Pacific 4.20 Lytton Win 2.55 Cygnus A 4.50 MUTUAL FUNDS Mr Wash 10 Cygnus B 4.05 A.G.F. Special 2.00 2.10 AAadrona "'l Gt Cdn Oil 3.90 AM Cdn Com 5.97 6.53 New Cronln 03 Gt Cdn Oil Sd 96.00 All Cdn Divld 6.95 7.60 Okanogan Hel 2. j Home A All Cdn Vent 3.05 3.33 Primer 16 Home B 15.25 Amer Gr Fd U5 4.55 Silver Std 1.40 Hud Bay Co Cdn Growth 5.54 4.99 T.C. Explor 33 Hud Bay Oil 36.62Va !nves' 3-93 4-31 Trojan 53 Hud Bay Oil 50.00 Commonwealth 10.97 12.02 Western Mines 4.20 Oil 8.12V; Corp Invest 4.64 Western Explor .20 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 13.00 Falconbrldge 1.10.50 Abltlbl 7.75 Cent 11.00 Frobex M Acnn 22.00 corp V 400 1.21 Alooma Steel 12.50 Co _" 8.00 Atco Ind Rnthmars 9 i T Allan Sugar.. 5.62V, 3.65 Brazll'Trac 13I2V Headway' R.C. 11.50 S llm i Trans Mtn Pp 14.62V4 V 1.57 SrSr..'.-. ESS iS S fS Cdn Indust B.37V4 weston's B 21.25 tangis Sliver' .07 TH T Woodward's A 15.CO Jffl'sV 1.31 Cdn Marconi 3.15 We5t cdn sd 2.05 R L .93 Malarllc 6.F. .78 SS "1" Cominco 21.50 Imperial Cons Balh 11.75 Montreal 1S.12V4 Cons Gas 14.87'A Nova Scotia 17.00 Dist Sea 4t.su Royal 21.00 Mm.ii" too Dom Bridge 13.75 ToJ-Dom 18.00 "1" 'iw Dom Textlls 9.87'A Acme 09 Mew Imperial 1.97 Dom Stores 12.62'A Advocate Asb. 1.90 Noranda Dome Pete Ji.50 Akaltcho JO Northqate 11.25 Fam Play 9.37V4 Area Mines 1.90 13.00 Fd of Amer 43.00 iron Oslsko 30 Gt Cdn Oil 3.M Black Bay pallno 33.00 Gen Motors 63.25 Bralorne 1.50 p-me point 29.75 Gt Lakes Pap 17.25 Broulan 21 Placer Dev. Gulf Oil Cda 15.00 Bethlehem 13.87'A p.c. Exp 43 Hawker Sid 1.B5 Brunswick 5.35 Quebec Man .20 Huron, Erie.. 14.00 Canada Tung. l.ao Ravrock 120 Hiram Walk .11.00 Cassiar 20.00 RldlorV mperial Oil 15.42V2 Central Pat. 2.S5 Rio Algom IB 00 mperlal Tob 13.25 Chimo 1.35 Roman Corp. 6.00 nt Nickel 39.B7V3 Conwest 10.25 Siiverfieids 1.80 Int Pipe 20.87'A Cons. Rambler .84 sherrltt Gordon 18.00 Inv Go A 6.12W Coin Lake 15 silver Miller 04 nt Utilities 20.75 Cochenour steep Rock 3.00 Indust Accept 14.37'A Cralgrnont 11.00 slscoe 2.0B Laurentlde 3.75 Dickenson Mine l.fiO Tek Corp. 580 Kelly Doug A Denison Mines 23.00 Texmont 50 Loeb 4.20 Deer Horn 08 Uoper Canada 1.J5 Stores 17.00 Dome Mines 57.00 Wright Har. 1.55 Massey Ferq 10.12W Donalda 3116 Willroy 1.30 McMillan Bloe 23.50 Discovery Mine 1.32 Windfall 12'A Moore Cov 30.00 East Malart c .90 Yellowknlfe Br. 4 40 Molson's A 12.37'A East Sullivan 5.50 Zenmac 10 NEW YORK STOCKS Supplied by Richardson. Securities of Canada Amr T and T 40.75 Mont Ward 41.00 20 Golds 157.96 up .It Elected New President BANFF (CP) Fred T. Gale, president of Calgary Power, is the president of the Canadian Electrical Association. He was elected at the association's annual meeting REPORTER BARRED BRUNEI TOWN (Reuters) Colin Bidder, Reuters Malaysia correspondent, was refused entry into Sabah Thursday to cover parliamentary elections in the East Malaysia state. Immigration authorities cited a state order banning visits by foreign correspondents' during the Steel 22.12W Std Oil of N.J. 55.25 15 West Oils 130.97 off .88 Chrysler 18.25 Texas Gulf 115.25 Volume Comsat 32.25 Texas Co 26.50 NEW YORK AVERAGES Harvester 23.25 TORONTO AVERAGES 65 Stocks 218.34 off .38 Kenn Copper 45.50 20 Indusf 153.18 up .11 Volume Prices Ontario Hikes EDMONTON1 (CP) Prices today provided by the Alberta MlHUlllllll Wage Hog Producers Marketing i TORONTO (CP) A general Edmonton Quoted 28.30 to in the minimum wage 28.3a, selling 28.3o. Average rates in Ontario to 28'49' next Oct- J was announced Red Deer Quoted 28.30, Thursday in the legislature by selling 28.30. Average Thurs- Labor Minister Dalton Bales. dav 2MO- Mr. Bales told the house the Calgary Quoted 28.45 to minimum wage will be in-28.55, selling 28.55. Average creased to an hour from Thursday 28.70. in the non-construction ih-Lethbridge: No market. Av- rtetry. In the construction in-erage 28.63. dustry, wages will rise to Ltoydminster: No market, an hour from Average Thursday 27.92. He said a further increase Is Sows at all points: 20.00. planned for April 1, 1971, when Total hogs sold 338. Total non-construction rates will go hogs sold Thursday, av- up to an hour and rates in erage 28.51. construction to NOW LEASING UP TO SO, FT. OFFICE SPACE IN CENTRE VILLAGE MALL Will subdivide to suit nego iabla dependtnt on fin ih required Call KEITH HAND MARATHON REALTY PHONE GOVERNMENT OF THE PROVINCE OF ALBERTA DEPARTMENT OF LANDS AND FORESTS NOTICE OF PUBLIC MEETINGS PROPOSED WILDERNESS AREAS ACT Place Hall Dale Uthbridge Hamilton Junior High July 28, 1970 p.m. Colgary Viscount Bennett High School July 29, 1970 p.m. Red Deer Memorial Centra July 30, 1970 p.m. Edmonton Social Room, Jubilee Auditorium August 4, 1970 p.m. Grande Prairie Elks Hall August 5, 1970 p.m. Meetings will be held at the above places to discuss the proposed Wilderness Areas Act. Written briefs from individuals or organizations may be presented and eaci person will be granted from 5 to 10 minutes to verbally review the brief presented at the meetings. Government officials will be present to answer questions re ating to the above topic. Further information and a copy of the proposed Wilderness Areas Act moy be obtained by writing to the Deputy Minister, Deportment of and Forests, Edmonton, Alberta. Dated at Edmonton, Alberta this 10th day of June, 1970. V. A. WOOD, Deputy FOR RENT GOOD LOCATION ON 5th STREET SOUTH Suitable far shoe store or ladies' wear store APPLY: Stan's Men's Wear 321 Sth St. S. CABLES (WESTERN) LTD. Require Permanent Male Production Employees at their plant in Sentinel. Average pay rate is 2.85 per hour plus such benefits as group iife insurance available. Approximately 50% medicare paid by company and company paid pension plan. Plean Coll or Write -CANADA MANPOWER FEDERAL BLDG., BIAIRMORE For Interview: PHONE 562-2816 LIVESTOCK Lethbridge Livestock (Supplied by Canada Department ol Agriculture) Friday sale gets under way at 1 p.m. with 150 head of re- placement cattle on offer. Calgary Livestock CALGARY (CP) On offer to 11 a.m.: about 500 head, mostly replacement steers and heifers and slaughter cows. Trade was moderately active. Slaughter cattle on offer sold in line with Thursday's closing prices. Choice steers 23.75 to 29.60, good 27.75 to 28.50, medium to 27.50; choice heifers 26.50 to 27.30, good 23.25 to M.25, medium 24 to 25; good cows 21.50 to 22, medium 20.25 to 21.25, canners and cutters 18 to 20; good bulls 26.50 to 29. Replacements on offer were mostly steers and heifers of medium quality which met good local demand at prices in line with mid week sales, quality considered. Stock calves were scarce. Good feed- er steers under 750 pounds 30 to 33, lightweights around 550 pounds to 37.CO, over 750 pounds 29 to 31.30; good stock and feeder heifers under 650 pounds 25 to 30.80 depending on weight, over 650 pounds 20 to 28.50; good stock and feeder cows 20.50 to 24; good stock steer calves 39 to 45; good stock heifer calves 32.50 to 35.50. There were no slaughter calves on offer. Hogs f.o.b. Calgary to 11 a.m., base price 28.45 to 28.55, currently 28.55. Potato Futures WINNIPEG (CP) The Mari- time potato futures market was inactive Thursday. Open High Low Close Wed. Nov. 2.30A 2.30A March 2.60A 2.60A Charolais Cattle OTTAWA (CP) Federal permission has been given for the importation of 615 Charolais catUe this year from France a n (1 Switzerland, Agriculture Minister II. A. Olson said Thurs- day in the Commons, He said there have been applications to import of the breeding stock this year. Mr. Oten said up to 50 per cent of the 1960-67 imports of Charolais cattle can be re- leased from the export em- bargo. George Muir said cattle would not be Underwriters Face Change CALGARY (CP) Insur- ance underwriters will face hard time unless they change some of their basic ideas, the chairman of the Life Under- writers Association of Canada says. John A. Bowden of Toronto told a meeting of the Calgary Life Underwriters Association that members who were not prepared to change were "in for dreary days." One concept gaming wider acceptance is that of dual li- censing which allows the sale of mutual funds and life insur- ance by the same agent. "We should encourage mutual-life selling. No matter how we feel personally, this is the way business is going." Tile association is drafting rules to govern dual licensing, he said. "This marriage may take a little time to become compat- ible but we're at the hold- ing hands stage." Smitty's Pancake House Franchise Available Excellent location in Marathon Development in City of Lethbridge to be open about Octo- ber, 1970. Cash required approximately Capital investment returned in ap- proximately four years. For further information please write or phone SMITTY'S PANCAKE HOUSES LTD. 709 Sth Ave. S.W., CALGARY, Alberta. 263-5683 (403) tco many to import in one It was hard to understand why only 515 could be allowed in. Alt Cleave NDP farm snokcsmin, said the Canadian beef industry is being endangered by Ottawa allowing Australian and New Zealand beef to be trans-shipped into the U.S. American cattle- men as a result were for import quotas en Canadian beef. Gilbert Exmdeau Creditiste House leader, said the agriculture department should give more attention to prompting Canadian cattle breeds instead of importing Eu- ropean breeds. Beef Futures WINNIPEG (CP) TUB Win- nipeg live beef futures market was inactive Thursday, with some bids just above the mar- ket. Open High Low Close Wed. July 30.85A 30.80B Sept. 29.32B 29.35 Nov. 28.80B 2S.80B Jan. 28.80N 28.80N EARLY START The word chocolate is from the Aztec language. LYLE SHEARER Mr. Howard Fleming, Presi- dent of Fleming Motors ltd., i> pleased to announce the appoint- ment of Lvle Shearer to tho posi- tion of Body Shop Foreman, tyla comes to us with vasi know'edpo of auto body work, having been associated with this field for 22 years. The past 12 years Mr. Shearer has operated his own shop in Picture Butle. He welcomes his friends and former customers to give him a call or drop in with their neces- sary repairs, tyle is marrier with 6 children. FLEMING MOTORS LTD. BODY SHOP 427 2nd St. S. Phone 327-1591 SEE IT FOR YOURSELF! All week you arc welcome to come in and browse and look at the new 1970 PARK ROYAL 12'x60' This is a completely furnished 3 bedroom home. This beautiful mobile home must be sold. Under So come in and see this home! Low interest rates can be arranged. MUST SELL! 1964 International Scout 4x4 24-Foot Travel Trailer MID WEST MOBILE HOMES EAST ON HIGHWAY 3 PHONE 327-1984 I AGRA MART LETHBRIDGE I I GIANT I I I I I I I I I I I SALE WE ARE CLOSING OUR LETHBRIDGE OPERATION! VERSATILE PARTS WHILE THEY IAST Off Rtgular lilt Price Calh Price Only SMALL LOADER ENGINES 20% 7.25, 9 and 10 h.p. SWATHERS 2-18 ft. new Versatile 103 self- propelled V.G. 4 motor. Regular Closing Out Special Model 103 Self Propelled 15 ft., VH 4 motor. Regular C17flfl Closing Oul Special I "U Type Swather Transport. Regular Closing Out Special USED EQUIPMENT SPECIALS TRACTORS H.D.H.B. Allii Chalmers Crawler. Ready to Go. Regular John Deere 830D Electric Start Recent motor overhaul New paint. Regular Closina Out Speciol Allis Chalmers D21 791 Hri. Duoll Cab Turbo Charged Excellent. S9000. Closing Out Special Minneapolii Moline G1000 Factory change overs done. Regular Closing Out Special COMBINES Case 600 Self Propelled Cab and Cutting Equipment. Regular Massey Ferguson 410 Self Propelled. Cab 10 ft. McCoy Renn Pickup. Hesston Straw Chopper. Good, Regular 57200 Closing Out Special Massey Ferguson 300 Self Propelled. 8 ft. McCoy Renn Pickup. Straw Spreader. Good. Regular Closing Out Special SWATHERS foot I.H.C. Model 175 Self Pro- pelled. VG4 motor. Excellent unit. Regular Closing Out Special ft. I.H.C. Model 175 Self Pro- pelled. VG4 motor. Excellent unit. Regular Closing Out Special All EQUIPMENT AND PARTS NEW OR USED IISTED ON SPECIAL PRICES WILL BE SOLD ON A CASH NO TRADE BASIS F.O.B. LETHBRIDGE. THESE PRICES ARE IN EFFECT UNTIL JUNE 30, 1970. Shop and Office Furniture will be sold at reduced prices May be viewed at our sforel I I I I I I I I I 3nop ana urrice rum ITU re WIN oe so IP 01 reaueeo prices may ae viewuu HI uur siurci ;