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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 29, 1972, Lethbridge, Alberta Ihursday, Juno -It, 1972 THE LETHBRIDOE HERALD 27 Gold stocks up at mid-session Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty. McCitaig Limited) LAST BID OK SALE fllLOO Quotes) 'Ouolttl a.m. Quoits) ll.m 515 5.60 3.30 7.25 TORONTO (CP) Gold Is-> sues on the Toronto slock mar- ket edged fractionally higher in mid-morning trading today while prices in most other sec- lors remained lower in slow trading. The industrial index was down .59 to 200.40, base metals .14 to 94.19 and western oils .39 to Golds were up .61 to 223.01. Volume by 11 a.m. was Store provides free rides for public TORONTO (CP) A To- ronto department store prov- ided free public transportation today to city residents for a two-hour period. Bui the T. Eaton Co. did not provide the ride until after the morning rush hour. The free rides on Toronto Transit Commission buses, street cars and subways were in effect from 9 a.m. to to 11 a.m. The department store, pro- moting a special sale, rented the entire TIC system for the period. An estimated persons use the system be- tween 9 and It. The TTC and Eaton's have refused to say how much the department store paid for liie promolional venlure. Beef futures WINNIPEG (CP) Live bee lulures close Wednesday. Jly 37.45A; Sep 3B.70A; No 35.25 A. Tuesday's volume: No coi tracts. By Gene Fawcette SAUHA HERSSATORTABLE SAUNA. SCWWITHADIFFERENCE. THIS SPECIALVIMYl BASZIPS UPTHE FRONT UKEANYOTHEff, BUT TH ETUB6 AT THE BOTTOM CONNECTS TO AN ORDINARY HA1RI _________MOWED ON A STAND WHICH INFLATES THEBAS WITH WAW AIR... shares, down from at the same time ednesday. Declines held a narrow mar- n over advances, 109 to 91, th 167 issues unchanged. Communicalion, merchandis- j, industrial mining, steel and nkng stocks moved moder- ciy lower while beverage, gen- al manufacturing, food proc- sing and oil refining issues ored fractional gains. In co dropped lo Va, Fal-' nbridge Vi lo Slater, alker Canada to Hud- n Bay Mining 14 to and elco to Reyal Trust was down lo 7, Home Oil B to Sher- II >.i lo Preston Vs to 1, Canadian Superior Oil to 14 and Asamera li to Consumers Distributing was p Vz to Western Brpad- asting to Imperial Oil Vz Tara to and ransCanadu PipeLincs Vs to i. IGIIT TRADE MONTREAL (CP) Trading as light and prices were lixed on the Montreal stock marke': today. Banks gained .54 to 246.71, nd papers .16 to 87.45, while ndustrials dropped .34 to 213.99, omposite .19 to 207.25, and util- .ies .02 to 159.84. Combined volume on the lontreal and Canadian stock xchanges was com- pared to at the same ime Wednesday. Rapid Data was up 1 to Vebb Knapp 1 to Distillers eagrams 14 lo Canada 'ackers M> to and Interna- ional Utilities K to Grafton was oft IVz to Credit Foncier 1 to Hudson Bay Mining and Smelting 1 to Falconbridge Nickel to Vi, International Nickel to and Canadian Javelin ft tO DJA DOWN NEW YORK (AP) Against a background of continued un- certainty over the inlet-national monetary situation, slock mar- ket prices moved onto lower ground today. Trading was light. The noon Dow Jones average of 30 industrial stocks was down 4.44 at 926.40. Declines led advances 7 to 4 among issues traded on the New York Stock Exchange. Among Canadians, Genslar was down li to Granby Mining li to Hudson Bay Mining li to Inco to and Alcan li to Massey-Ferguson Vs to and Mclntyre V4 to On the American- Slock Ex- change, Canadian Marconi rose Vi to WESTERN OILS Almlnex 5.30 Alta East Gas 6.35 Asamera Ashland DP Oil Gas Con South Cdn Ex Gas Ctfn Hornesld Grin Ind GBS OU Cdn Super Cdn Long ts Charter Chief Ian Dome or Plains Gt Cdn Oil Lochfet Norlh, Ctln Oil N u ma t Pancdn Pele Pan Ocean Relrol Pinnacle Place Gas Ponder Ranger Scurry Rain Spooner Selbens Total Pele Ulster W- Deca'fa Pefi 3.20 13.50 U.oo 3.30 3.35 i Mulual Ac Mulual Gr. F Na1 Res W Finance Growth Principal Gr Royiund United Ac Universal Sav Vanguard Cairni Venl 9.95 6.0S 1.2S 5.25 MISCELLANEOUS INDUSTIRES Aqualalne Brlnco Cdn Rrew A Cdn Brew B Cdn Pacillc Inv rrowsnest Ind Cygnirs A Cygnus B Falcon Copper Genstar Husky ON B Husky Oil Inler Prov Pipe Inler Prov Sleel Kaiser Res MGF Manage Pacific Pete Rainier _ Sand'.vell 1D.12Vz Telcdyne 43.50 West Cdn Seed .Wi White Yukon 8 SO CALGARY Acfoll "30.37Vj Barons Oil 7.00 Madison rloHh, Ccnl 565 West Warner 1550 PIPE LIME STOCKS Alia Gas A 10.75 Alia Gas Pfd Alia Wai Gas Inland Nat Gas N and C Gas N and C B Pfd Pacific Trans Gai Metro Gai Metro A Trans Cda Pipe Trans Cda B Trans Cda A Trans Cda War WC Trans WC Ms MUTAL FUNDS Valley Coppci 2J.2S All Cdn Com B.37 9.15 Westcoan US All Cdn DIv 30 75 AM Cdn Vent 36.50 Am Gr F AGF Special 27.12V2 Cdn Invest F 4.95 Coll Mul 5 37 Comnw Inter 11.50 5.84 4.4? 5.37 5.91 7.07 7-73 S.17 J.68 5.87 6.45 5.01 5-50 6.64 6.SI 7.03 7-68 5.99 B.0-4 864 1.18 17.75 VANCOUVER MINES Alton Alias Explorations Balhhurst Norse Brenda Brycon Churchill Copper 57.00 Croyden 77.75 Davenport 50.75 Dolly Varden 16.25 Dynasly 12.37V: Equltorfat 35.50 Fort Reliance Glanl Mascot 5.W Granisle 70.00 Lornex Lyllon Minerals 40.50 Primer 81.50 Pyramid 13.75 Silver Standard 27.00 Texmon! 9.15 Home B Hud Bay Co Hud Bay Oil Hugh Russell Husky oil 9.55 10.08 INDUSTRIALS 4.05 4.43 Block Brs 7.30 BC Sugar 3 45 BC Sugar Pfd 5.02 5.51 Capt Inter 6 75 741 Crcslbrook F Ind ia.32 15.74 Hys Lev 3.S4 4.74 Columbia Brew Invesl 6.03 6-6-1 Key Ind M 75 Corp Invest St F 5.15 Pacific W AFr 3100 Dreyus F US 12.98 14.22 Slampecfe mil Res 17'l2'A Gr In Shares 4.09 4.50 OILS 41 37Vi Gr Equity 7.Si 8.63 Alnbany Oil 3 CO Invesl Gr F 5.82 i.40 Plains PH'e Invest Wutal 5.78 Western Explcr .5L .21 V.75 .06 Livestock report Calgary livestock CALGARY (CP) Receipts on the Calgary livestock mar- ket to 11 a.m., about 900 head; mostly steers and cows. Trade was active. Slaughter steers were barely steady with choice kinds scarce ar.d leightweights under pres- sure. Heifers were steady for quality with no lop kinds offer- ed. Cows were steady with a good demand and bulls were- steady. Choice slaughter steers 34.75 to 33.50, good 33.50 to 34.50, me- dium 32 to 33.50. Low choice heifers 32.25 to 32.80, good 31.25 to 32.25, medium 29 to 31. Good cows 25 to 26.50, medium 23.50 to 25, canners and flitters 19 to 23. Good hulls 27 to 29. Replacement cattle were mainly fleshy, short-keep steers selling at barely steady prices. No stock calvef offered. Good feeder steers more than 750 pounds 33.75 to 38.10. Good stock and feeder cows 23 to 28. No hogs sold. Official rate now Pound sterling drop steady LONDON r 6-OQ 13.00 43.00 21.00 1575 71.00 21.50 _ 33.B7Vs Sii 8.25 7.25 4.30 1.00 2 1.45 Pfd 11.00 1650 4.25 30.00 16.00 27.75 2B.M 24.00 -SO.SJ'A 27.00 20.1 Vfi 62.00 31.S7VJ 19.75 4.10 33.12 Vi 44.12Va 36.S7V: li, 62 19.37 12-00 7.25 4.25 7.00 21.50 14.SO 24.50 fJ.VM. 56.50 24.50 12.25 11.621' 22.25 54.25 39.55 33.37V 74.12V 47.87V 16.55 23.00 44.12V 13.50 6.00 20.25 2B.25 6.75 7, B5 15-75 19.37V 35.50 311.75 31.00 York stocks (Supplied By Richardson Sccnrilies ol Canada) Macleod livestock FORT MACLEOD There ere 715 head of cattle and alves sold at the Fort Macleod action Market this week. Slaughter steers ar.d heifers -ere off 50 to 75 cents per hull- red weight. Wasty steel's and eifers were heavily discount- d, cows ,a little easier and nils s'ecdy. Short keep feeders sold in me with the slaughter trade. The bulk of the grass cattle vere heifers with to 440- green yearlings selling i5.25-46.75. Choice steers 35.50 to 36.20; jood steers 34.00 to 35.25; plain steers to 34.00. Choice heifers 32.50 to 33.10; jood heifers 31.00 to 32.25; good cows 24.50 to 26.10; medium cow-; 22.00 to 24.00. Good bologna bulls 26.7S to 30.25; medium bulls 23.10 to 26.25; goad butcher bulls 33.50 to 35.50. Good short keep steers 35.00 to 35.20; medium grass steers 37.00 to 40.00. Good feeder heifers 31.00 to 32.50; good heifery cows 20.00 to 29.00; good green heifers (375-440 pounds) 44.00 to 46.SO; medium green heifers (500-600 pounds) 37.00 to 38.00; fleshy replacement heifers 37.00 to 39.00. Spy claim inquiry promised o 7.7350 from Wednesday light's 7.8300 marks. The pound has been in effect devalued by about five per cent since ii was floated-left to find ts own level-last Friday. Dealers said they expect the ate to stabilize at about (or the next few weeks. But they emphasized that if the British government makes no headway in heating inflatipi, the pound wrill continue to slide dangerously, possibly to a de- valuation of about 10 per cent. U.S. DOLLAll FIRMS Early indications put the U.S. dollar firmer than Wednesday, whsn it was dragged downward with the pound. But it remainec within the fixed exchange rate limits set by Washington. The dollar held on at 3.1575 deulschmarks in Frankfurt. In Paris, it held fairly steady in early trading on the open mar kct at 5.005 francs. It closed Wednesday night at 5.003. In Zurich, the dollar edged up -lightly in early dealing ti 1.7350 Swiss francs from Wednesday's 3.7275, Currency dealers were stil nervous about whether the sur prise floating of the pound wi! By JOHN BEST ventually force new exchange ites for the dollar and touch if another world monetary cri- is. London bullion dealers at leir morning session fixed lelr price of, gold at an mice, sharply up from the pre- ious SG4. Gold is the traditional efuge of speculators in times of urrency uncertainty. PEAKS INFLATION In Bonn, Chancellor Willy 3randt's government moved to dock a feared influx of foreign nflationary currency with tougher controls on foriegn loan ransactions by West German residents. A two-day meeting of Brandt's cabinet ended with a decision to stiffen cash-deposit requirements for West Germans raising credits abroad. The measure involves drasti- cally lowering to marks from two million marks the minimum size of foreign loans for which West German resi- dents must make interest-free cash deposits with the West German central bank. At the same time, the size of the cash deposit will be to 50. per cent of the loan from 40. OTTAWA (CP) Prime Min- ister Trudeau said Wednesday be will Investigate "any serious allegations" that a Cuban espio- nage organization is attempting to infiltrate his office and is helping Quebec terrorist groups. However, in reply to questions inside and outside the Com- mons, Mr. Trudeau gave the impression of being less than impressed with allegations made by a former Cuban spy now living in the United States. The spy, Orlando Castro Hi- dalgo, was quoted in the To- ronto Star as saying the Cuban directorate general of intelli- gence (DGI) is trying to infil- trate the prime minister's office and has set up a network oi agents in Quebec. Mr. Trudeau, answering Commons question by Eld on W o o 11 i a m s said he had not yet "taken cognizance" of the news- paper account but promised to look into any serious allega- tions. KNOW YOUR CANADA? Think you know a lot aboul Canada? Kenneth Weber, professor of EnglUh at the College of Education, Universily of Toronto, says you probably know more about the United States. Test your knowledge this Friday. Watch far his history quiz, IN YOUR LETHBRIDGE HERALD WEEKEND MAGAZINE Dividends By THE CANADIAN PRESS Huron and Eric Mortgage Corp., 20 cents, Oct. 1, record Sept. 1. Amr- T and T Anaconda Belli. Steel Chrysler Comsat Duponl Gen, Molars Gulf Inf. Harvester Kenn. Copper Mont. Ward 41.25 IB-DO 27.75 30.62' 52.50 Sears Std. Oil of M.J. Texas Gulf 2 Texas Co. Corp. 143.50 Woolworth 7i.l2V) West. Elec. 7J.37V] U.S. Steel 32 00 Gen. Tel. Blec. 26.50 22 50 TORONTO AVERAGES 23.75 30 Ind. 700.23 of! .76 U2.12V? 29 Golds 523-22 up -81 7-1.00 10 B5SP 94.23 off -1C 15 West. Oils 229.83 off .64 32.25 Volume 36 50 T1EW YORK AVERAGES 34.75 30 Ind. 72640 off J-44 50.75 20 Rails 232.61 off 2.05 olf .06 65 Stocks 307.5? olf 1.95 Volume i-ocesstitg an 1003 4lh Avenue S., Lethb ridge Telephone 328-4426 a i i-ocessncj TOM-BOY FOODMASTERS RED and WHITE-LUCKY DOLLAR STORES Flyer dated June 28, 29, 30: Beach Towels advertised as Cannon should have read; "COTTON BEACH TOWELS" WE HAVE JUST RECEIVED A NEW SHIPMENT OF TREES and SHRUBS In Containers Plant Anytime PTant pot and all. PLEASE NOTEI NEW SUMMER HOURS Wtekdayt 12 Noon- p.m. Saturdays a.m. p.m. Monday and Friday evtnTngt until p.m. CLOSED WEDNESDAYS AND SUNDAYS Lacombe Nurseries Ltd. 5 Milci East of lelhbrldgo on No. 3 Highway, Coaldale PHONE 345-4633 100-rooiii motel for Brandon BRANDON (CP) A lillion 100-room motel to be perated by CP Hotels was pened Wednesday in Bran- oil's west end. The opening ceremony was performed by Duff Roblin, president of the parent Cana- dian Pacific Investments Ltd. and a former Manitoba pre- mier. BACKGROUND MUSIC KENNEDY S AUTOMATIC MUSIC COMPANY 34 GLADYS RIDGE ROAD Congratulations To THE HOLIDAY INN Congratulations to "LEFTY" WILSON and STAFF on your grand opening of rtie new HOLIDAY INN GULF OIL CANADA LTD. Grain prices Winnipeg Grain WINJPEG (CP) Trading .-as sparse and commodities featureless at mid-session n the Winnipeg Grain Ex- hange today. Rapeseed prices hovered ear previous close levels ir trictly a local and commission ouse business, rye moved own fractionally on a lack ol nterest and flax firm and ml. Volume of trade Wednesday vas bushels of flax, 598, MO of rapeseed and of rye. Mid-session prices: Flax: July, unchanged 2.81B; Oct. unchanged 2.82 ViK; Nov. lower 2.81 B; Dec. unchang- ed 2.7G B; Rapeseed Vanouver: June lower 2.47 A; Sept. Vi higher 2.52 A; Nov. tt higher 2.52 A; Jan. Vi higher 2.51 A; Rapeseed Thunder Bay: July higher 2.32 A; Oct. higher 2.37 A; Nov. Vt high- er 2.38 "A B; Dee. unchanged 2.34 B. Oats: July unchanged 69 14 A; Oct. unchanged 70 VI A; Dec not open. Barley: July unchanged 1.09 A; Oct. Vs lower 1.10 %A; Dec. not open. Rye: July lower 98 %B; Oct. Vs lower 88 %B; Dec. lower 93 !4B. WINNIPEG (CP) Grain [uotes Wednesday (basis Lake- High Low Close Flax Jly 281 279 281 Oct 282VJ Nov 281 li 279 2311i Dec 278 275% 276 Hapesecd Vancouver Jun Sep 25114 Nov 252 232 Jan 252 2501 i 250% Hapcsccd Thunder Bay Jly S33% Oct 238 Nov Dec Oafs Jly 63'A Oct Dec Barley Jly Oct 110% 110H Dec HOli llyc Jly 99 9714 99 Oct 09 li 99 Dec 98% 9714 S7H Hog prices EDMONTON (CP) Aver- age prices to H a.m. provided jy the Alberta Hog Producers Marketing Board: Edmonton: 31.70, aver age Vednesday 31.88. tied Deer: 31.70, average Vednesday 31.76. Calgary: No .sales, average Wednesday 31.89. Lethbridge: No sales, aver- ge Wednesday, 31.80. Lloyd minster: -No sales, av- erage Wednesday 31.SO. Grande Prairie: No sales, av- erage Wednesday 31.55. Total hogs sold Wednesday average 31.85, sows av- erage today 23.30. Congratulations and Best Wishes to HOLIDAY INN LETHBRIDGE On Opening of beautiful new Hotel W. E. HYMAS CO. LTD. 731 2nd Avenue S.W., Calgary Distributor-; of TOP QUAUTY FROZEN AND PREPARED FOODS 23214 232% 237 237 238 234 701i 70% 10954 HKRi This Week notice a change in the Saturday COLOR COMICS STARTING TOMORROW Tfw Uthbrldge Herald Color Comics Section will be full' newspaper-p: size replacing the tabloid-size format. And {he comics will not only be bigger pages, they'll include two popular new strips. The Wizard of Id and Mutt and Jeff MIND IF i Mime IN I'LL ALOUG JJOOTfEV CONNING. SOME UNABLE HOWS, WARDS, DOZENS. I'M ABOUND HERE. I'M ihe Icthbridgc Herald ;