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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 28, 1972, Lethbridge, Alberta 28 1H! H1HBRIDGE HERAID 30, quotations wine by Doherty, McCuaig Limited) LAST BID OH SALE Quotes) ood 31.25 to medium 29 0 31. Good COW'S 25.25 to 20.50, medium 23.50 to 25, cnaners and cutters 19 to 23. Replacement cattle were mainly fleshy, short-keep steers and heifers. Re p 1 a c eraent steers two cents to ower. Replacement h e i fers vere steady. No stock calves offered. Good feeder steers more than 59 pounds 34 to 36.40. Good feeder heifers 31 to 33.10. Good lock and feeder cows 23 to 28. Hogs base price 31.30. Lambs were steady Tuesday with good kinds mlnex 5.30 Husky Oil B Aira Gro 6.33 Sulky Oil V.'sf Asarmra Inter Prov Pipe Asri and 11.25 Inler Prov Slee OP Oil Gai 515 Kaiser Res Can Sourh 6.15 ft'.GF Manage Cdn Gx Gas 3-30 Pacific Pete Cdrc Homestd '-75 Rainier Cdn Lrd Gas Oil 10.25 Sandwell Ccfn Super JJ.OO Teledyne Cdn Lcng Is -J5 West Cdn Seed Charier -O5 While Yukwi ChieMan 9.05 We s Hie Id Dome Pete AQIJVi CALGAR Gt Plains Acroll Gl Cdn Oil 7.00 Barons Oil 1.3? Madison North Cdn Oil 5.3S North Cont Numac 15.25 West War nee Pels 13-50 PIPE LINE S Pan Ocean Alta Gas A Petrol 1.15 Gas Pfd prnnade .41 Alta Nat Gas Place Gas .eo Inland Naf Gal Ponder .58 N and C Gas Ranger 17.75 N and C B Pid Scurry Rain U 25 Pacific Trans Spoonrr .82 Gai Metro Seltens 9.95 Gaz Merro A Total Pe1a 4-15 Trans Ccfa P p Ulster- 1.35 Trans Cda B W. Decalra Trans Cda A West Pete Trans Cda War MISCELLANEOUS WC Trans INDUSTRIES Aqual.lne M.1HA All f Brinco All Cdn Dlvld Cdn Brew A 30.75 All Cdn Vent Cdn B 36.50 Amr Gr F Cdn Pacific Inv 36.00 AGF Specia Crowsnest Ind 27.12Vi Cdn In F Cygnus A 5.00 Col Mutual Cynnus B 5.75 Cmnvv Inter Falccn Capper Cmnw Lev Gensiar 14.50 Ccrp Invest Home A Ccrp In SI F Home B 30.87'A Dreylus F U.S Hud Bay Co I7.12Va Gr In Shares Hud Bay Oil -11.25 Gr Equity Hud Bay Oil Pfd Invest Gr F Hugh Russell 31.00 Invest MXJtua Toronto (Supplied By RIcharctson LAST BID C a.m. Quotes) a.m. MINES Norlex Acme J4 Osisko Advocate Asb. 1.70 Pine Point Akallcho .65 Placer Dev. Uralcrne VTO P.C Exp. Broulan .30 Man Bethlehem 20.75 Rayrcck Brunswick J.OO Radlore Canada Tung. 1.50 Rio Algcm Casslar Roman Corp. Cenlral Pat. Sherrllt Gordc Chimo 1-" Silver Miller Conwesl 7.00 Steep Reck Cons, Rambler 1.50 Tek Corp. Coin Lake -WVr Texmont Cochennur .57 Upper Canada Cralgmont 6.JO Western Mines D ckenson Mines 1.75 Wright Hargr Denlson Mines 33.00 Willroy Deer Horn .06 windfall D'Eldona Yellowknlfe B Domp- Mines 76.50 Zenrnac Dtxiai'da tNDUSTR Diicovery Mines .84 Abitibl East Malartic 2.50 Alcan Fast Sulliban 3.5? Algoma Steel Falconbridge Alco Ind Frobex .39 Atlantic Suga First .65 Agra Ind Glanl Y.K. B.W Bell Tel Bovis 1.75 Braill Trac Grandue 3.S5 B.C. Tel Headway R.L. 5.M Sums Holllnger B.C. Forest Hudson Bay M-S 32.00 B.C. Sugar Hytfra Ex. .22 Bow Val Ind Iron Bay 3.35 CAE Ind Iso 1.95 Cdn BreW Joliet Quebec .28 ChemcelL Kerr Addison 9-45 Col Cell Key Anacon -22 Cat Pew Labradcr 41.00 Credll Lake Shore 3.JO C.W.N. Gas Lanqls Silver .07 Cdn Ind Madsen R.L. .63 Marconi Matartic G.F. ,91 Cdr. VicVeri AAariin McNeelv .12 Chrysler Martnlyre 65.W> Mela -12 Comlnco Midrirn -IS Bath Nu West Homes 9.75 Ccns Gai New Athwa .17 Cdn W NaJ Calumet .28 D1st Seaqrar W. Horse Copper 3.31 Noranda 37.61Vj nom Tex 5-50 Dom Stores Neiv Yor (Supplied By Richard so Amr T and T 41.50 Sears AnacoMa 18.25 Std OH or Steel 3B.CO Texas Gulf Chrysler Texas Co Comsal 55.25 Corp Dupcnt 166-lJiA -GM 7S.12W Gulf 2J.37Vs U.S. Steel Int Harvester 3? .37 Gen Tel E Kenn Ccpper W.SO TORONTC3 McntcxJniery 20 Inrfust Gr f 5.3P 5.9) J 3 1: Nsf Re: 7.M 7.7? 13 so N W Ffn 5.17 5.68 1 1J CO N W Gr 3 83 335 Principal Gr 501 5.50 3'35 Royrund tM 4.H Temp Gr 6.W 7.5B 0 5 6Yh United Ac 5.ti, ft.00 v Universal Sav B.SS e j'os Vanqtard ?.97 10.93 C A'jS Cmrw Vent 7.63 8.J4 I VANCOUVER i 72 MINES V Afton 9.15 I Atlas EKplor .10 Bath Norse a. TORONTO (CP) The Cana- 1 1 ian wine industry, laced with a s rowing demand and shortage h f raw materials, has been s orced lo look for additional Yin- a ards .and consider the imporla-on of grapes. s J. H. Beatty, new president of K_7JLAV-r-M. te Canadian Wine Institute, c aid in a. recent interview the t iagara Peninsula, major >urcc of grtpss, soon will r.ot be ble to meet production needs. He said the solution to Ihe apply problem is the iniporta-011 of raw materials, not oncenlrate but grapes and lending wine. Last year, grapes represented he most valuable crop in On-ario and Ihe second largest in Canada. Ontario's wineries, the coun-ryfs main wine producers, are 31'ohibilccl by law from making vine from grapes other than hose that arc Ontario-grown. SEEK CHANGE The wineries. are negotiating vith the Liquor Control Board of Ontario to have the law changed. The Wine Institute is oxamin-g the possibility of growing {rapes elsewhere in -Canada. 3ne of the areas being consi-ered is Harrow in soutli-estern Ontario near Pelee Is-nd. Mr. Beally said most Cana-lan wine-drinkers choose prod-els in the medium dry cate-jory, one in which Canadian inc-makcrs excel. But as wine drinking becomes more a part of the pattern of a n a d i a n living tastes will egin to change and dry wines vill grow in demand, he said. Mr. Beatty added thai by that ime the Canadian wine indus-ry will have developed a wide ange of dry wines to match the >roducls of European wineries. SAY THERE'S SHORTAGE Grape growers on the Niagara 'cninsula charged Hie wine industry with "trying to beat the rice down" by claiming there vas a shortage. Bob Kirkby, a grower from VTiagara-on-the-Lake, said if the vine industry was allowed to mport grapes or grape concentrate the Ontario grape growers wouldn't be able to compete. Lavalle Staff, one of the largest grape producers on. the peninsula, said Mr. Beally was mistaken in his facts. He said here had been grape surpluses each year since 19C7. Last year, he said, there were about unmarketed tons of grapes. Bryafto Churelilll Copper .51 Dav'elwrl lil? DanKoo ,M Doliy Varden .33 Siw Dynaslv .SO J Ejullorlal .2] !1K'2 Fdrt .3! rl'J, Gianh Mascot Griinisle S.05 Lornex Hi Aim WinenU J-10 in'S p'1mer S'S Pyramid .33 KIA S1vtr Slandsrd 1.37 Tsxmont .5! Trolan .21 Valley copper 9.0> 9UWC 9.H IfcM INDUSTRIALS 4.05 4.43 Block Bros 3.15 6.M n.C. Sugar 31.25 3.46 B.C. Sugar prd 16.50 J.01 5.49 Cap! Inter 450 6.7A 7.42 rreslbrccK F Ind 14.17 156! Hys X30 3.85 4.23 Columbia 3 30 4.04 6.62 Key Indust .62 5.1S 5-At Pacific W Air 23.00 13.05 I4.SO Sfampede tntl Res .89 4.08 4.49 OILS 7.82 3.63 Albany Oil .47 7.2? Plains .23 5.73 6.32 Expfor .10 s, industrials Securities of Canada) )R SALE Ouorcs) a.m. Quoits) Domo Pelc M Dofasco 21. W 31. iO Cable 20.CO 39.50 Ford of Am 63.00 3.55 Grh Cdn Oil 7-00 .11 Gen 7J.OO 1.10 Grt Lakes Pp 15.37 "A .29 Gull Oil Cda 31.50 Greyhound 1950 7.85 Hawker SIdK i M.WA Hur i Erie .05 Hiram Walker 2.01 Imp 011 3i.OT 5.20 Imasca .52 Int Nickel 2.SO Int Pipe 29.75 3.30 Inv Grp A 9.W eaves U5 Util -13.75 1.15 Ind Accept Laurenllde ear 4.W Kelly Ooug A .IS 4.39 IALS Loblaw A 7.3S Stores 31.50 Ferg u.37Wi 13.35 Bloc 24.75 13.12TA Corp X7.37li r S.OO WolSCflX A 13.00 Molsons B 14.50 43.13 Norlh fc Cent 71.62'fi Corp 59.75 Rolhmans 22.25 15.00 SI. taw Corp 21.W 51.00 Shell COA 31.25 Simpson's 25.87V? 30.50 Simp Sears 40.00 6.-J5 Steel of Cda 33.12l'i 7.25 Selkirk A Texaco 47.75 1.95 Traders Grp A 14.00 24.75 Tran Win 22.00 l.AS Trans Cda Pp 4J.25 Pld 11.00 Union Gas P.37W 14.50 Union Oil -11.00 4M Versatile MIg 6.25 1J.50 20.25 30.50 Union Car 18.00 Weslon'S B 20.25 38.37Vi Woodward's A .28.25 West Cdn Seed 6.25 Zcnilh Elcc 2.85 24.00 BANKS ns 34.25 Can Imp 25.3? 29.50 Monrreal 19.62V? 1J.B71A Nova Scolia 30.00 Royal 30.50 U.15 Tor-Dom fc stocks 3 of Canadu) 112.00 10 Golds up 1.29 10 Base Met J4-45 elf .22 116.25 15 W Oils 230.16 off .67 32.75 Volume BBJ.COO YORK AVERAGES 3D Indus! 931.44 off 3.M Hlec 51.50 20 Rails 236.77 ctf 1.1X '5 UlilitifS 105.N up .19 AVERAGES1 310-M df '-1" .15 up .91 Volume i with east Prebuilt Industries of has merged with Qlendale Mobile Homes Lim-ted of Strathroy, Ont., Tlie Herald has learned. Prebuilt, which had gross income of million last year 'rom sales and rentals, will be a wholly-owned subsidiary of Glendale which had mil-ion in sales. For Prebuilt the merger will mean readier access to eastern Canadian markets for its industrial and commercial relocatable buildings, said Elmer Ferguson, Prebuilt director o! marketing. Prebuilt will be able to utilize Glendale production facilities and personnel. CONTINUE HERE The company will continue to operate in Lethbridge with its own identity and same nerges firm iel, he said. Prebuilt employs -25 persons at its Lethbridgo Dlant and 25 in its Calgary 'of-ice with an annual payroll in excess of million. The merger will make .Glen-tlale one of the largest Canad-an manufacturers of mobile lomcs, recreation vehicles and industrial units. Tiie company has mobile ionics and recreation vehicles manufacturing in Slrath-roy; Wetaskiwin, Alta.; SI. Joseph de Beauce, Que.; Sussex, N.B.; and Caboolture, Australia. It was incorporated hi 1954. Sales increased from million in 1969 lo million in 1970 and S20.2 million last year. Stock was actively trad-tog today at Financial details and effective date of the merger were not prices Winnipeg Groin WINNIPEG (CP) Trading was dull at midsession of the Winnipeg Grain Exchange today with most interest in oilseeds. Flax had a mixed market which showed some strength. Volume of trade was light. Rapeseed had some local and commission house interest. Barley had some domestic shipper buying and prices were fractionally liigher. Oats and rye were steady. Volume of trade Tuesday included bushels of flax, rye and rapeseed. Mid-session prices: Flax: July 1 higher 2.79; Oct.-l lower 2.81; Nov. 1 higher 2.79 >A; Dec. 2 higher 2.76. Rapeseed Vancouver: June Vi higher 2.48 !i; Sep. unchanged 2.52; Nov. 1 Va lower 2.51; Jan. 1 lower 2.50. Rapeseed Thur.der Bay: July Vi lower 2.33; Oct. unchanged 2.37 te; Nov. unchanged 2.38 Vi; Dec. unchanged 2.34. Oats: July unchanged 69 Oct. !B higher 70 'A; Dec. unchanged 70 Vs. Barley: July unchanged 1.09 Oct. higher 1.10 Dec. 'a liigher 1. 10. Rye: July lower 97 Oct. Vs higher 98 Dec. higher 97 Grain quotes Tuesday (basis High Low Close .Flax Jly 278 Oct 279ii 27714 279V4 Nov 278 273 Dec 274 Ilapesecd Vancouver Jim 24814 24014 Sep 252% 248% 252 Nov 249 2521s Jan 251 249% 251 Rapeseed Thunder Bay Jly 23314 2321', 233 li Oct 23714 23514 23714 Nov 248 li Dec 234 to get rid of grade 12 exams EDMONTON (CP) A start at doing away with Grade 12 departmental exam inatipns could be made as early as somewhat steadier on the ntreal stock market today as sectors except utilities ved slightly upward. Combined volume on the Jntreal and Canadian stock changes was corn-red to at the same le Tuesday. Jn index, utilities dropped .53 160.56 while banks gained .29 245.63, papers .29 to 88.32, ustrials .28 to 213.99, and mposite .10 to 207.27. Wines was up 1 to fear people dling All sections of the gas indus-ry have agreed at the hcar-ngs into the field price of gas hat "some" increase is need erl "with a couple of notable ex ceptions." The petroleum industry has he opportunity to demonstrate that it means what it says by working toward this objective e said. The hearings now ore th second week of their seconc session and have concentrate! on a report from the Slanfon Research Institute which sai< :he market price of gas couk double to 40 cents a thousam cubic feet and still compel with other fuels. The study was commissione by the Independent Petroleum Association and the Canadia Petroleum Association, tot producer groups. The independent associatio suggested Tuesday that all ga contracts be renegotiated ev ery two years, that producer and transmission companies develop a formula for pric setting and that pipelines ant utilities-be abl? to obtain easie interim increases pending f nal (CP) The government might intervene in the pricing of natural gas unless the petroleum industry settles the question itself, the Alberta Energy Resources Conservation Board was Eold Tuesday. John Rudolph of the Independent Petroleum Association of Canada said producers do not want government By THE CANADIAN PRESS B.C. Sugar Refinery Ltd., common 20 cents; pfd. 25 cents, both July 31, record July 7. Northwestern Utilities Ltd., four per cent pfd. July 1, record July 7. Revelsloke Co. Ltd., sbc per cent pfd. 30 cents Sept. 1, record Aug. 15. Royal Bank tuiveils plan for towers TORONTO (CP) The Hoyal Bank of Canada unveiled plans today for two triangle towers of 37 and 25 storeys in downtown Toronlo to serve as headquarters for the bank's two Ontario divisions. The million development at the corner of Bay and Front streets, to be known as Royal Bank Plaza, is expected to be ready for occupancy by 1976, with a construction starting date of May, 1973. The south tower will rise 480 feet and the north tower 336 feet. The project will have two levels for Lou Hyiidman said today. He said in an interview thai it could take two years to get rid of the exams. The most likely alternative was some form of "power test" which could be given on a selective basis to determine areas in which students were having problems. Mr. Hyndman s a i d he wants to get away from havinj "teachers teach to "A student might pass the exam, but does he really know he plan terminated OTTAWA (CP) Agriculture Minister H. A. Olson announced Tuesday that the program to remove excess hens from Canadian laying flocks has been terminated. He. said in a news release that the to stabilize producer has already increased producers returns by about for egg markets He also said provincial marketing boards will now contro the number of hens to keep prices up. An estimated 1 mil lion hens have already been removed from laying flocks. In initiating the plan June 8 the government said that if pro duccrs slaughtered. 1 million hens within an eight-week pe riod they would pay a 75-cent subsidy for each SET UP GEORGETOWN (Reuter) The Guyana government announced Tuesday night it is establishing diplomatic relations with China. Italian pilots strike ROME (Reuter) Italian international and domestic flights were seriously disrupted today as most of the country's pilots began a 60-hour strike to back their demands for higher salaries and shorter night hours. The stale airline Alitalia and the domestic airline ATI "were forced to cancel 52 out of 138 flights. These included two intercontinental flights, 12 international and 38 domestic. The pilots strike, the second in four days, is part of a scheduled series of staggered YOU REALLY HAPPY? lead a life that makes yoa genuinely happy, you must first learn, how to get control of your time. That's the advice of Alan Lakein, president of a company exclusively de-roted to time-management. Jn the July issue of Reader's j] NEW YORK Times says New York city's builders pay million a year in bribes to city officials, policemen and workers to keep construction moving on schedule. In a report based on a six-week investigation by reporter David Shipper, an expert bribes corruption whose costs are fig urcd as routinely by builders as :he cost of concrete." The payments were typically cash bribes of ?5 to or expensive services performed a no cost in an official's private home, the newspaper says. The Times quotes Beef futures WINNIPEG CP) Live bee futures close Tuesday. Jly 37.50A; Sep 36.00N; Nov 35. 25 A. Monday's volume: Six THE LENS THAT DARKENS IN THU SUNLIGHT to set your goals, how-to manage your time wisely, and develop a personal ''action program" that will make your lifo happier and mora meaningful. Be sure to read. HOW TO GET CONTROL 0? YOUR TIME (AND YOUR totalling 120 B9ii 691, Oct and city government, The Times says bribery has building inspectors of how farmers PRESCRIPTION. III7- of 34 articles and features in the July Reader's IS RUNNING OUT! YOU HAVE A ONLY 2 DAYS t LEFT 70 PAY YOUR TAXES VW CITY PROPERTY TAXES 1 I ARE NOW DUE AND j MUST BE PAID BY P.M. V- FRIDAY, JUNE 30th or a penalty of 1% per month (July to October 31st) 2% November and 2% December will be assessed on all overdue Taxes. IT IS TO YOUR ADVANTAGE TO TAKE CARE OF YOUR TAXES NOWI iH City of 1 j.! I 7014 Barley Jly IWK 109% Oct novi 10951 noii Dec Rye Jly 9714 Oct 9714 Wffs Dec 9714 97 so ingrown in the building industry that it has become invincible, pervasive system from to e year in bribes all tax-free The report says bribes ar paid at virtually every stage o construction, chiefly to avoit delays in building inspections 01 deliveries. Delays are disas trous in the building Induslr because they mean that highly paid workers are standing Get your copy today! "c prices EDMONTON (CP) Average prices lo 11 a.m. provided by the Alberta Hog Producers Marketing Hoard: Edmonton: 31.65, average Tuesday 32.01. Red Deer: 31.70, average Tuesday 31.33. Calgary: 31.80, average Tuesday 32.01. Lethbridgc: No sales, average Tuesday, 32.37. Lloydminster: No sales, average Tuesday 31.W. Fort Maclcod: No sales, average Tuesday 32.30. Grande Prairie: No sales, av-i erage Tuesday 31.23. 3 Fairvlevv: No sales, average E Tuesday 31.07. i Total hogs sold Tuesday 842. Average 31.04. Sows average clinics end TORONTO (CP) A Red Cross official said here blood donor clinics in most Ontario prisons have been discontinued at least temporarily because tests have revealed a high in cidcnce of serum hepatitis in samples of prisoners' blood Dr. E. E. Tieman, assistan national director of blood trans fusion services for the Ret Cross, said the disease a opposed to infectious hepatiti ofcen is linked to the use o drugs and comes about throug! the use of a contaminated nee TOURISTS Tourist traffic to Israel in creased 50 per cent to i Gene TURBO RESOURCES LIMITED is listed for trading on the industrial seclion of the Toronlo' Slock Exchange. Shown above (loff fo right) on Ihe Toronto exchange floor, tire: Robert G. Brawn, Turbo president; V. Kenneth Travis, chairman of Turbo's board; lester Lowe, vice-president, s ock list, Toronto Stock Exchange; and Jack C. Donald, Turbo's vice-president marketing. Turbo manufactures, markets and blends petroleum and chemical products through its system of planls, warehouses and more than 120 service stations in Western Canada. Turbo (TBR) is. also isted as an industrial on the Calgary Stock Exchange. A CWPETmE, JUSTINTRO-DUCED, USES NOADHESWES WHATSOEVER, A SPECIAL RUBBER BACKING ISSAIDTD ClINGTOANYTVPE FUXHINS, YET MAY BE LIFTED AT ANYTIME FOR CLEAN IN8 OS CHANSINS Of THE MACLEOD RIDING i ARE INVITED TO BREAKFAST DR. HUGH HORNER Deputy Premier and Minister of Agriculture FRIDAY, JUNE 30th 7r30 A.M. TO 9 A.M. FLYING INN RESTAURANT CLARESHOIM AIRPORT Hoiled by the Progressive Conservative Aisocialion of the Mac eod mfsivmtsevfifo exes, WMCHfOKMAfLtrSfAM-IfSS ;