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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 30, 1972, Lethbridge, Alberta 24 THE IE1HBRIDGE HERALD Fridoy, 30, 1972 Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Uohcrty. McCunig Limited) LAST BID OK SALE a.m. Quotes) ono WESTERN OILS Ccnwesl Cons, Rambler Coin Lake Cocher.cur Cralgmont Dicttenson Mines Oenlson Mines Deer Horn O'Eldona Dome Mines a Id a Discovery Mines East Malartic East Sullivan 17.CO 1.45 1.12 B.8S 1.50 .13 .55 Pine Point Placer Dev. P.C. Exp. Quebec Man RavrccK Radiore Rio Algom Roman Corp. Sherrill Gordon Pele Dolasco cable Ford c( Am Grl Cdn Oil 1.10 Gen Motors ,2J Grl Pp 22.00 Gull Oil Cda 8.15 Greyhound U.i2Vi Sid 31.00 39.75 3.50 5.10 .ri Sleep Rock Tek Corp. Texmcnf -52 Upper Canada 3.25 Wriphl- Hargreaves 1.17 VVIIIroy 1.15 Wind fair .13' Bear J.10 Frobex Firsl Marilimes GJant Y.K. Bovis Granduc Headvray R.L. HoMinger Hudson Bay W-S Hydra Iron Ray Key Anacon Labrador Lake Shore Langfs Silver R.L. Mafartic Martin WcNsely Maclnlyre Mflfa Midrlm Inlern Hi) West Alhona New Calumet Horse Copper Noranda Ncrthgale Norlax Zenmac INDUSTB1ALS Abllibi Alcan Algoma S1eel Alco Ind Suqa Anra Ind Bell Tel Brazil Trac B.C. Tel Burns B.C. Forest B.C. Sugar Bow Val Ind CAE Ind Cdn Brev; .27 Criemcell 9.50 Col Cell .21V'j Pow n.oo Coron Credit Gas .07 Cdn ind .64 Can S S. Cdn Warcon Cdn Viewers Chrysler C.P.R. 3.45 A.OO iO.SO 20.25 .IIVj 3.35 6.00 1J.2S 21.00 60.CO 1J.75 21-W 1.371'; Hiram waiter Imp Oil Irnasca Int Nickel Int Pipe Inv Grp A Ind Accept i Int Util Lavjrentide 3 Lceb Kelly Doug A Loblavj A Met Stores Massey Ferg McMillan Bloe Moore Corp Molsoris A Motsons B North Cent Power Ccrp Price Co. Rdhmans St. Law Corp SJiell CDA Pfd Simpson's 8.35 7.55 J.45 1.95 15.35 1.50 W.50 .16 9.fiO 5.50 mini Cons Bath Cdn W NA1 Ga Dist Seagrams Dorn Bridge Oorntar 5.35 Dom Textile .IJVt Onm Srorfis Texaco Traders Grp A Trans Mln Pica Trans Cdn union Gas union Oil Versatile Mfg westeel Union Car Weslon's B A 17.CO Cdn Sed 17.87Vi Zenith Elec ?j.OO BANKS Can Imp 73.00 Montreal M.bV'i Neva Scotia 14.5o' Tor-Oom JQ.2S 'A 20.75 61.00 7, CO 72.50 31.35 20. (X> 4.15 28.50 44.00 24.00 31. 37 2.5.75 8.75 19.17V! 12.75 J.15 7.75 7.00 "A 47.50 74.75 12.17.Va 11.37''] B.75 22.12V 31 .CO il.OO 76.25 39.M 24.25 47.75 16. SO 27.1 2 Vi being quoted in early trading at 2.4525 lo the U.S. dollar, an effective devaluation of six per iraning- cent against the old parity. Cliimi today revalued its cur- rcncv against tile Hong Kong dollar, which is partially tied to sterling, for Hie second lime in days. The new rate is 37.49 renminbi (or 100 Hong Kong dol- lars compared wilh 4020 rcn- nimbi before sterling was floaled. South Africa unnonnced today it will maintain its link between its rand and sterling, meaning that the rand will float with Ihe pound. The announcement means, in effect, the second devaluation of the rand in six months. The cur- rency was lowered it. value by 12.28 per cent last December when world currencies were re- aligned. MAY REVALUE YEN AGAIN And in Japan, speculation mounted that the yen will be re- valued again later this year. Forward U.S. dollar quota- ions declined heavily on the Tokyo foreign exchange market, it the close, there were no buy- irs for offers of dollars for De- cember delivery at 290.50 yen, more than eight yen lower than .ast Friday's rate. Bankers in Tokyo feared that TORONTO (CP) Western issues on the Toronto stock market advanced moderately in mid-morning trading today while prices in most other sec- tors remained lower in slow The industrial index was down .04 lo and golds .37 to 220.52. Base metals climbed .20 to 94.10 and western oils .77 to 230.M. Volume by 11 a.m. was shares, compared with 482.000 shares at the same time Thurs- day. Advances held a slim margin over declines, 93 to 76, with 168 issues unchanged. Banking, real estate, ulility and construction and material issues moved lower while com- munication, pipeline and food processing stocks led advances. Toronto Dominion Bank lost '.z (o Leon's Furniture to Genslar to Lost River 10 cents to and United 25 cents to SG.50. Steinberg's A dropped Vt to Dramalea Consolidated o S3, Moneta four cents In 70 enls, and TransCanada Pipe- .ine to Consumers Distributing (allied 4 to Vi, Y and K 'roperties to Westo- Transmission 3s to Maclean-Hunter A to and United Canso 25 cents lo MONTREAL (CP) Utilities were down while prices in all other sectors recorded gains in light trading on the Montreal stock market today. Combined volume on the Montreal and Canadian stock exchanges was shares compared with at the same time Thursday. On index, utilities dropped .2( to 159.55. Banks moved up 1.14 .48 .40 lo 24G.OO, industrials the composite .lOfUIK and papers .14 to 87.70. Texaco Canada off 13.25 4.35 12.25 30.00 15.75 70.3S 17.75 70.37i''3 78.25 26.00 19.37VJ 35.0t> 30. JO forward exchange trading might become paralysed soon, leading to speculation about yen reval- uation. In Switzerland, sterling was weak in early dealings on the foreign exchange market, beinc quoted more than one U.S. cenl lower than Thursday's closing rate. In Denmark, sterling was offi dally fixed at 1707.20 kroner today, against 1715.25 Thursday and compared with 1739.25 when the foreign exchange market re opened last Tuesday. Mao incurable cancer All markets mark holiday TORONTO (CP) All Cana- dian stock exchanges, the Win- nipeg Grain Exchange and most commodity markets will be closed Monday, July 3. The closing is to mark Domin- ion Day, which falls on Satur- day, July 1. The New York and American stock exchanges and other United States financial markets will be closed Tuesday, July 4, for Independence Day. S473i while Rapid Data gainc H'.i to Mercantile Bank to and Financial Collectio Agencies to SMALL GAINS NEW YORK (AP) The stock market clung to small gains today after six straight session of declines. Trading was moderate. The noon Dow Jones average of 30 industrial stocks ahead 3.7G at 830.01. Gainers on the New York ex- change outdistanced declines by 8 to 3. The advances throughout the list. Brokers said some of the buy- ing might have been stimulated by the announcement that the Paris peace talks would resume July 13. At noon, the Associated Press BO-stock average was up .8 at 320.4. Industrials were 1.8, rails jwere ahead .2, and utilities were up .3. Among Canadian issues, tillers Seagrams registered the only gain, adding Mclntyre Porcupine was off 'Si at Hudson Bay Mining down Vi at SSUi and Canadian Pacific off Vi at On the American exchange, Brascan was ahead Vi at while Preston dropped MONTREAL (CP) Quebec's freedom lo choose its wn political future is the main of an election program n veiled Thursday by the Quebec wing of Hie New Demo- ratic Parly. The program, released in a 2-page booklet by Raymond ,aliberte, Quebec NDP leader, ays "Qucbecers alone have the right to decide their future." Mr. Laliberte said the provin- cial program may cause disa greemeut at the federal level of he party, but he added: "I don't see how we could have i o n e s 11 y and realistically adopted any other stand." In Ottawa, disagreement was expressed even before the Quebec executive had releasei the program. National NDP leader David Lewis said parts of the Quebec platform arc clearly contrary to the policies of the NDP adopted at a na lioual convention in April, 1971 Oli.lECTS TO STATKMKNT Mi'. Lewis particularly de- nounced a statement in the new Eskimo groups lo decide Can- ,da's constitutional future. If Quebec disagrees wilh the isscmbly's findings and propos- ils, the province should have he right "like all other parts of Canada" to reject liiem. j It says the NDP is the only )olitical party that is committed o setting up democratic strut- lures for negotiations thai would guarantee Quebec's independ- ence but at Ihe same time maintain the lightest possible links with the rest of Canada. Mr. Lewis refused to say what the party's reaction would be to candidates in a federal election who promote the proposals of (he Quebec execulivc. He said a meeting of Ihs par- ty's 125-member national coun- cil vould he lield to make that decision. Party officials said the Quebec executive, which had nccep'ed Ihe national policy in a special provincial convcnlion lasl October, wrote Ihe new Quebec platform without proval of the Quebec member- ship. Quebec program that says: "Under federalism, the cen- tral government has no other powers than those that are dele- gated by the different parts that make up Ihe country." The NDP leader told a news H. H. Smith Ltd. Customs Broker IN EDMONTON Srny At the RIVIERA THE HOTEL WITH MORE TO OFfER AND WE NOW HAVE COLORED TV For Your Convenience in Making Reservations CALL AND ASK FOR LONG DISTANCE ZEnilh 0-7255 nt no cost to you JVIERA NEW YORK (AP) Man Neiv York stocks (Supplied By Riclmrrtson Securities or Canada) 10 Base Mel 9-J-15 up Amr T and T 41.50 Montgomery Ward 20 Golds 220.55 off -34 AnatxjmJa 18.2S Seers Beth Steel 27.B7V: Std Oil or N.J, 74.50 30.75 Texas Gull 117.50 Comsat S500 Texas Co 33.37V; Oupcvil Wickos Corp Woolworth 35.75 t- ji iir. Erec 50.75 Gulf y s a9 75 Int Harvester 32.50 TORONTO AVERAGES Kenn Copper 32.75 10 Indust 1J9.52 off .30 NEW YORK AVERAGES 30 IndUSl 930.01 Up 20 Rails 232.94 up .33 IS Utilities 106.79 up .45 4.5 Slocks Up I.W Volume Grain price review Winnipeg Grain (CPi Rape- seed prices gained slightly in a fair volume of exporter buying at mid-session on the Winnipeg Grain Exchange today. Flax prices in the deferred months also advanced strongly on local and commission house business with some exporter trade. Oats and barley were firm on domestic shipper ami malt- ster interest and rye postetl fractional gains. Volume of trade Thursday was bushels of flax, of rapesecd and 000 of rye. The Winnipeg Grain Ex- change will be closed Monday for the holiday. MID-SESSION Flax: July higher 2.81 UB; Oct. higher 2.838: Xov. higher 2.81 Dec. 1 high- er 2.78 Rapesced Vancouver: June 1 higher 2.48 Sep. 1 15i higher 2.53 Nov. 1 higher 2.53 liB; .Ian. I higher 2.52 B. Piapeseed Thunder Bay: July Is higher 2.3.1 -liB; Oct. 1 higher 2.38 'jB; Nov. V< higher 2.30 Dec. 1 higher 2.34 B. Oats: July unchanged Gfl Vt: Oct. unchanged W ViA; Dec. not open. Barley July unchanged l.tii) "iA; Oct. (s higher 1.10 Dec. not opeii. Oct. higher 05 OsA; higher M. Tse-tung is reported to be suf- fering from incurable throat cancer, the Wall Street Journal says. "One estimate is that he may not survive beyond the year, though that apparently is not a i firm medical the newspaper reports in a story by staff writer Robert Kealley. Keatley says the 78-year-old Chinese Communist party chair- man, a heavy smoker, was re- ported to have received radia- tion treatment for his illness but it was not known if there were plans for surgery. Keatley says the report of Mao's illness originated "with sources who have unique access to such information" but not with Nationalist Chinese or other sources hostile to the mainland government. Tie said the report could not he con- firmed independently. REGIONAL DAIRY POULTRY SPECIALIST Fairview The Alberta Department of Agricullure has a responsible position involving professional and adminislralive octivilies in the areas of production, quality control, marketing and policy application relative to the Dairy and Poultry Indus- try. The incumbent is responsible for planning, implementing and assessing policies and1 to bring about the processing of quality dairy and frozen foods, to ensure accurate weighing7 sampling, grading and Jesting of raw products received from producers, and lo acl as a compe- tent resource persorv to the Dairy and Poultry Producers. Qualifications: University graduation wilh specialization Dairy and some Poultry Science. Eligible for rriember- sSiip in the A1A. Considerable related experience and some i administrative experience. Salary range SI 1o Competition No. 4407-5. Closing date July 11, 1972. Information and application forms from: GOVERNMENT OF ALBERTA Personnel Administration Office Room 500 Terrace Building i 96 Avenue and 106 Street EDMONTON, ALBERTA MOTOR HOTEL 5359 Calgary Trail Edmonton, Alberta Phone: 1403} 434-3431 Telex: 037-2510 08 Dec. Office complex for Reg in a BEGINA (CP) A 13-storey, S6.5 million office building is planned for downtown Regina, a joint venture by the Toronto Dominion Bank and MacKenzio Jewellers. The building, scheduled for completion by the spring of 1974, will he built at the corn- er of Hamilton St. and 12th Ave. Jvfaking the announcement were S. T. Paton of Toronto, executive vice-president of Tor-1 onto Dominion, and Irving Cer- i .Tly stein of Toronto, president of Ocl MacKcnzic Jewellers. Pec flax Jly 281 231 Oct 282 282 '.i Nov 281 231 Dec 276 Tlapesccd Vancouver Jun 248 Sep KK'f 2513i I Nov 253 251'i 252 Jan 2503i Rapesfctl Thunder Bay 238; s Jly Oct Nov Dec- Oats Jly Oct Dec Barley Jly Oct Nov Ityc 23214 237 232 237 23-1 69 "i 70' 70 1 10% HOli Defective trucks recalled TOKYO (Renteri The Nis- j san Motor Co. announced Thurs- day it ties begun recalling a I total of small-sized trucks j of Datsun truck model 1300, all I exported, to replace defeciive parts. i The car makers said it is hop- ing to complete the recall by the end of September. The defect has been found in a stopper holt of the accelerator pedal, it said. Of the total. units were exported to Hie United States, units to Mexico, [trucks to Canada and oth- i crs lo Australia, the firm said. Dollar value MONTREAL (CP) U.S. dol- lar in terms of Canadian funds up 7-32 to 11-32. Pound sterling clown 15-16 to 7-16. NEW YORK (CP) Cana- dian dollar down 17-64 at J11-1G in terms of U.S. funds. Pound .sterling droppc-d 2 to REGULAR CATTLE SALE EVERY MONDAY SELLING MONDAY, JULY 3rd AT 12 NOON BOARD FEET OF LUMBER VARIOUS DIMENSIONS AIL LENGTHS TABER AND DISTRICT 4-H SHOW AND SALE VAUXHALL ARENA SHOW TUES., JULY 4th SALE WED., JULY 5th AT P.M. PRAIRIE LIVESTOCK LTD. PHONE 223-3921, TABER DAY OR NIGHT AVAILABLE AT NO EXTRA COST 1. A HARVESTING EXPENSE ALLOWANCE will be paid where losses exceed 2. FIRE COVERAGE on insured crops is included at no extra cost. 3. COVERAGE OF PER ACRE in all rate areas. INSURE WITH CONFIDENCE The Corporation has a record of 34 years of service to Alberta farmers, and handles 75% of Alberta's haii insurance. REFUNDS TO ALLPOLICYHOLDERS The Corporation lias a continu- ous 17 year record of premium refunds (up to to policy- holders. The wise farmer protects his invest- ment and his profit with Hail Insur- ance. Don't Wait! Hail Doesn't. It costs no more to insure now and get extra weeks of protection. THE ALBERTA HAIL CROP INSURANCE CORPORATION INSURE TODAY-SEE OUR HAIL AGENT NOW! WARREN INSURANCE AGENCIES Picture Butle Ph. 732-4550 KREEFT AGENCIES LTD. Bow Island, Alta. Bow Island Ph. A. BUCHAN Insurance Agency Champion, Alta. Phone: 897-3747, 897-3758 LARRY C. SMITH ALBERTA WHEAT POOL ELEVATOR lelhbridgc, Alia. BOB ROBERTS UNITED GRAIN GROWERS Milk River, Alberla Phone 647-3633, AGENCIES Vauxhall, Alta, Phone 654-2512 BERT AFFLECK Alberla Wheat Pool Elcvalor Coniad Phone 222-2229 Province of Alberta TREASURY BRANCH 319 6lh Street South Phone COFELL Tempest, Alia. Phone 345-3875 -Bui. 345-3481-Home CO-OPERATIVE Insurance Services College Shopping Moll PHONE 318-1175 RUSSELL BOYDEN 1210 13th Street South Phones Bos: 327-9177 Res; 327-6074 ;