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Lethbridge Herald, The (Newspaper) - June 30, 1973, Lethbridge, Alberta THI LETHBRIDCE HERALD Saturday, June! 30, 1973 Energy consumption, speed limit cuts urged by Nixon SAN CLEMENTE, Calif. (AP) President Nixon called today for a five-per-cent cut- back in personal consumption of energy ana asked the states to Gov't. urges purchase of cherries VICTORIA (CP) Buy Brit- ish Columbia cherries to help the province's cherry growers out of a serious price squeeze, agriculture minister Dave Stu- pich yesterday urged house- wives and consumers. He said in an interview that B.C. growers are caught be- cause of a "super abundance" of cherries coming in from the United States. American cherries went on sale before the B.C. crop, he said, and sold at S8 a crate, but since Okanagan cherry growers began selling their crop last week, the price had dipped as low as a crate. To meet the competition, the B.C. industry has had to drop its price to in the prov- ince. At that price, the return to the grower is about 21 cents a pound exactly the cost of production. lower highway speed limits to reduce gasoline use. Nixon said in a statement the federal government will set an example by cutting energy use seven per cent through such measures as raising thermos- tats on air conditioners and buying cars that provide in- creased gas mileage. The president also proposed a billion energy research pro- gram to be carried out over a five-year period. He recom- mended a major government reorganization to transform the present interior department into a new department of energy and natural resources. Nixon also asked Congress to create an energy research and development administrati o n, and, on his own, set up a new White House energy policy of- fice headed by Colorado Gov. John Love, who Is being ap- pointed as a presidential assist- ant. "America faces a serious energy Nixon said. "While we have only six per cent of the world's population, we consume one-third of the world's energy output" Nixon said that we act swiftly and effectively, we could face a genuine energy crisis in the forseeable future.'' In a letter to the governors of the 50 states, Nixon wrote: "I urge you to work with your legislature on reducing highway speed limits in your state, tak- ing into account the objectives WANTED NOW PAYING MORE FOR ALL TYPES OF SCRAP METAL Form Industrial Anything Made of Iron! COPPER BRASS RADIATORS BATTERIES CAST IRON Truck Loads Carloads Truck Scales Magnet Crono Service National Salvage Company LIMITED NEW LOCATION 206 33rd Street North Phone 328-1721 "Scrap is Our Business" of moblity, safety and energy conservaton." He did not suggest any spe- cific speed limit objectives. Kaiser reduces big debt VANCOUVER (CP) Kai- ser Resources Ltd. announced Friday it has reduced its debt to million after receiving money from Kaiser Steel Corp. under a financial restructuring program. S. A. Girard, president of Kai- ser Resources, said Kaiser steel has made an additional equity investment of million. The investment was made by purchase of 4.6 million shares at a share in cash and through conversion of a mil- lion loan into purchase of 2.1 million shares at a share. Kaiser Resources shareholders had earlier authorized an in- crease in the company's au- thorized share capital to 28 mil- lion from 15 million. Under the financial restruc- turing, Japanese coal custom- ers will purchase some shares and the company's public shareholders will be issued warrants allowing them to pur- chase an additional share for each share already held for If all the public warrants are exercised, Kaiser Steel will own 53 7 per cent of the company. the Japanese investors 27.4 per cent and the public 18.9 per cent. Cool and dry Below normal temperatures are expected to cover most of Ontario during July according to the 30-day out- look of the United States Weather Bureau. Above normal temperatures are expected in parts of the prairies and East Coast while the rest of Canada will have near nor- mal conditions. Near normal precipitation is expected to cover most of the country. The outlook is not a specific forecast and changes may occur. Grain Prices THE STOCKMEN'S MARKET 300 TO 500 HOGS SELL TUES., at 1 p.m. ALSO -DAIRY COWS -BABY CALVES -SHEEP SPECIAL FOR TUESDAY, JULY 3rd 10 BABY CALVES PLUS 4 YOUNG PUREBRED DUROC BOARS Market Hogs Shipped Daily YEARLING FEEDER AND FAT CATTLE AND CALVES Thursday 1 p.m. 800 HEAD 800 BE SURE TO ATTEND THE LETHBRIDGE AND DISTRICT 4-H CALF SALE .Wednesday, July llth at a.m. 410 4-H CALVES LETHBRIDGE EXHIBITION PAVILION ANOTHER GIGANTIC EQUIPMENT AUCTION SALE FEATURING HARVEST EQUIPMENT WED., JULY 25th, 10 A.M. For Further Information Contact TONY VIRGINILLO PHONE 345-4291 INCLUDED WITH THE EQUIPMENT SALE FEET OF LUMBER VARIOUS DIMENSIONS PERLICH BROS. AUCTION MARKET LTD. located in the Hub of Southern Alberta't livestock Induitry 3 miles east of Lethbridge on Highway 3 and Vi couth BOX 1057, LETHBRIDGE PHONE DAY OR NIGHT 328-3951 No musk-oxen for Alberta EDMONTON (CP) The Al- berta government will not im- port musk-oxen from other re- gions if the Northwest Territo- ries refuses to provide the province with the shaggy animals, G. R. Purnell, deputy agriculture minister, said yes- terday. Dr. Purnell said he hopes to have an answer from the terri- torial government on importing i the animals by next month. John Parker, deputy commis- sioner of the N.W.T., has said the territorial government will block any Alberta plans for musk-ox ranching by refusing to provide breeding animals outside the territories. Some Alberta ranchers have expressed an interest in musk- ox ranching on an experimen- tal basis. Territorial council is concerned that the milder cli- mate in Alberta would give musk-ox ranchers an advant- age over their northern coun- terparts. Winnipeg grain WINNIPEG (CP) Oilseed again advanced their 20-cen limit, while feed grains wert mixed and rye made modest in creases in light trade Fri day on the Winnipeg Commoc ity Exchange. The flax and rapeseed in creases were in response to tb recently-announced trade em bargo soybean exports from the United States. Flax closed 20 higher, rape seed 20 higher, oats 1% lower Beef futures WINNIPEG (CP) _ Live beef futures close Friday. Jly 45.25; Sep 45.20N; Nov 44.80N; Jan 45.30N. Thursday's volume: Six con- tracts. Gambling probe in Montana GREAT FALLS, Mont. (AP' Montana's crime contro board has agreed to attempt a study of the impact of legalizec gambling on Montana hope fully without becoming em- broiled in politics. The action came after a member of both the legisla ture's committee on gambling and the crime control board de scribed the first two public hearings on legalized gambling in Montana as "a waste ol time." House majority whip John Hall, a Great Falls Democrat told the board that there wasn't one person on the committee has the necessary informa- tion on the impact of legalizec gambling and its effects on law enforcement. REGULAR CATTLE SALE NO SALE MONDAY JULY 2nd DOMINION DAY PLAN NOW TO ATTEND TABER and DISTRICT 4-H CLUB'S SHOW and SALE SHOW TUES., JULY 3rd p.m. SALE WED., JULY 4th p.m Don't be content to accept one offer it home, consign your livestock to us, where you are guaranteed to have the Auction Ring full of Buyers to bid on your product. PRAIRIE LIVESTOCK LTD. PHONE 223-3921, TABER DAY OR NIGHT Auctioneer: JOHNNY CHARLTON Lie. 293 Sales Manager GARY JENSEN to higher, barley higher to 1 lower and rye 2V4 to 1% higher. Thursday's volume of trade was bushels of flax, of rye and oi rapeseed. Lakehead export wheat prices were all up Grain quotes Friday (basis High Flax Jly Oct Nov Dec Rapeseed Jun----- Sep Nov Jan Rapeseed Jly Oct Nov Dee Oats Jly 145 Oct 142 Dsc 136% Barley Jly 208% Oct 207% Dec 203% Rye Jly 234 Oct 237 Dec 238% Low Close 731% 715% 69214 Vancouver 649 633 624% Thunder Bay 630 621 600 57i 141 138% 140 134 136% 207 208% 203% 206 201% 203 226% 230 229% 233 230% 233% Grain stocks decline WINNIPEG (CP) Visible stocks of Canadian grains again declined in the last week, this ime reaching 341.7 million bushels for the week ending June 20, the Canadian Grain !ommission said in its weekly report. Farmer's marketings of 21.4 million bushels were slightly higher than the 20.2 million marketed last week, but were well below the marketings dur- ng the corresponding week a rear ago, which totalled 45.6 million. Overseas clearances of 21.3 million were higher than the 7.1 million cleared the previous veek, and the 15.3 million ship- led a year ago. Wheat supplies dropped to 75.2 million bushels from 177.0 the previous week and were well below the 228.6 mil- lion record in the same week of 1972. Wheat marketings totalled 12.4 million bushels, up slight- ly from last week's 12.2 million but well below the 20.8 million delivered a year ago. Overseas clearances of wheat totalled 12.0 million bushels, compared with the p r e v i o u s weefc's 11.0 million, and the 5.7 million shipped in the corres- ponding week of 1972. Weekly livestock report Lethbridge Livestock Sates Monday to Friday: 140 cattle, 237 calves, hogs, 71 lambs. SLAUGHTER CATTLE Steers: Al and A2 4344.10, Heifers: Al and A2 4040.70, cows: Dl and D2 33-34.50, D3 31-32.50, D4 28-30.50, Bulls: good 37-39. REPLACEMENT CATTLE Good feeder steers over 750 Ibs. 4447.50; good light stock steers under 750 Ibs. 47-51; good stock steer calves under 300 Ibs. 65-80; good stock heifer calves under 300 Ibs. 60-70. HOGS AND LAMBS All classes of weaner and feeder hogs met good demand. Light weaners sold lower, heavy weaners steady to strong. Light feeders under 100 more higher. Heavy feeders over 100 Ibs. around higher. Weaners 19-30.75. Light feeders under 100 Ibs. 30.5040.75. Heavy feeders over 130 Ibs. 45-51.25. All prices per head. Light feeders under 100 Ibs. sold from 43-60 per cwt. Heavy feeders over 100 Ibs. sold from 30-35 per cwt. Bred gilts 80- 92.50 per head. Boars 100 140 per head. Butcher hogs sold this week at the Lethbridge Yards 47.55 base price. There were 194 butcher hogs sold for ex- port at 36.55 liveweight. Good lambs 36-37. Perlich Livestock There were head of live- stock sold this week at Perlich Bros. Auction Market Ltd. Re- ceipts included 1123 cattle and 761 hogs. Cattle market met a good demand from local and tations as follows: SLAUGHTER CATTLE Al and A2 steers 44 to 44.50; Al and A2 heifers 40 to 41.20; Dl and D2 cows 32 to 35; D4 cows 27 to 31; bol- ogna bulls 35.85 to 39.25. REPLACEMENT CATTLE Steer calves 250 to 400 Ibs. 55 to 70; 400 to 500 Ibs. 50 to 57.50; over 500 Ibs. 49 to 54.80; plain quality steer calves all weights 46 to 52; feeder steers under 800 Ibs. 46 to 49; over 800 Ibs. to 47.60; holstein and short keep steers 39 to 44; heifer calves 250 to 400 Ibs. 45 to 63.50; heifer calves 400 to 500 Ibs 44 to 50.75; heifer calves over 500 Ibs. 42 to 40.75; feeder heifers 40 to 43.25; feeder cows 32 to 36; cow-calf pairs good quality 450 to 510; pairs plain quality 350 to 450. HOGS DAIRY CATTLE Market hogs dressed weight 46 to 47.55; live weight 35.65; good weaners 18 to 26; light weaners 13.50 to 17; feeders under 100 Ibs. 36 to 41; over 100 Ibs. none on offer; bred sows and gilts 140 to 175; baby calves 100 to 130; light calves 130 to 150. Ottawa Livestock OTTAWA (CP) Slaughter cattle receipts this week at the 10 public stockyards number- ed down more than from last week, the agriculture department said Friday. Prices were 75 cents tower to higher for A-l and A-2 steers on the western markets on a narrow to good demand. East- ern prices were 50 cents high- er on a good demand for light supplies. A-l and A-2 heifer prices were steady with Saskatoon re- porting prices 50 cents lower on a light demand. D-l and D-2 cow prices in the west declined to on an uneven demand while eastern prices were steady on a good demand. Receipts of feeder cattle numbered almost identi- cal to last week. All classes of feeder cattle met a good to broad demand on western mar- kets with steady prices except in Edmonton, where prices were steady to 50 cents lower. Supplies were light on the east- ern'markets and prices were steady under moderate de- mand. Receipts of lambs and sheep numbered a decline of 300 from last week. Western prices for good lamb were lower to higher, while eastern prices were higher under strong trading. Index 100 hogs were strong in all centres with western prices 40 cents to higher and east- ern prices 65 cents higher. Wholesale prices for A-l steer carcases last week continued to decline with western prices down to at to and eastern prices down 83 cents to at to A-l heifer carcases also were lower with western prices down 1.76 to at to and eastern prices down 71 cents to at to Veal carcases prices were up with western prices 67 cents to higher at to and eastern prices to Gold futures WINNIPEG (CP) Gold futures, U.S. funds, Winnipeg Commodity Exchange close Friday. Jly 73 124.00; Oct. 73 128.00A; Jan 74 131.50A; Apr 74 135.50; Jly 74 139.00. Thursday's volume: 44 con- tracts. Grain Quotas CHICAGO (AP) Grain quo- tations Frriday: Wheat: Jul Sep 2.68 Dec 2.67y4; Mar 2.67V4; May 2.61. Corn: Jul Sep 2.00; Dec. Mar 1.94; May 1.94 Oats: Jul .89. higher at to Saska- toon was the exception with prices tower to Lamb carcass prices from lower to 17 cents higher at to on western markets and nine cents lower to 83 cents higher on eastern markets at and Trading prices for pork bellies were stronger witti prices steady to six cents high- er at and in the west and up to in the east. Pork hams also were higher with prices up to to and while eastern prices were to higher at to Slaughter cattle, steers A-l and A-2: Calgary 44 to 45.50; Edmonton 43 to 44; Saskatoon 43.75 to 45.75; Winnipeg 45 to 45.50; Toronto 46.50 to 47.50. Heifers, A-l and A-2: Calgary 41.50 to 42.50; Edmonton 40 to 41; Saskatoon 40.25 to 41.90; Winnipeg 42 to 42.50; Toronto 43.50 to 45. D-l and D-2 cows: Calgary 32.50 to 35; Edmonton 32 to 33.50; Saskatoon 34.50 to 36.25; Winnipeg 35 to 36; Toronto 36 to 37. Slaughter calves, good and choice veal: Edmonton 55 to 62; Winnipeg 60 to 75; Toronto 54 to 65; Montreal 68 to 73. Feeder steers over 750 pounds: Calgary 43 to 46.50; Edmonton 44 to 48; Saskatoon 42.75 to 47; Winnipeg 42 to 49; Toronto 44 to 48. Feeder steer calves 401 to 575 pounds: Calgary 50 to 55; Ed- monton 48 to 60; Saskatoon 48 to 56; Winnipeg 53 to 55; To- ronto 52 to 58. Good lambs: Calgary 37; Ed- monton 37 to 38; Winnipeg 40 to 45; Toronto 45 to 49. Index 100 hogs dressed: Cal- gary 45.70 to 47.10; Edmonton 46.05 to 47.85; Saskatoon 46.40 to 47.90; Winnipeg 47 to 49.35; Toronto 51.80 to 53.55; Montreal 47. Dollar Value MONTREAL (CP) U.S. dollar in terms of Canadian funds closed Friday up 1-25 at 39-50. Pound sterling down 3-50 at 93-100. In New York, the Canadian dollar was down 1-25 at 9- 50. Pound sterling down 3-20 at 2-5. BLOCK BROS. ANNOUNCEMENT Einar Stokke Block Bros. National Real Estate Service Ltd., are pleas- ed to announce the appoint- ment of Einar Stokke to As- sistant Manager of our Leth- bridge Office. Einar has had many.years of successful management ex- perience and is looking for- ward to his duties. PICTURE BUTTE AUCTION MARKET Ideally located in the centre of a large cattle Feeding Services Available FEEDER CALF AND FAT CATTLE WED., JULY 4th 350 HEAD Highlighted By 50 HOL5TEIN STEERS From B. G. Nolan and Sons Trucking Branding Vaccinating Order Buying Government Veterinary Feeding Pens and Hog Raising Country HOG and DAIRY CATTLE SALE Saturday at 1 p.m. SPECIAL 15 BABY CALVES MARKET HOGS ASSEMBLED MONDAY THRU FRIDAY For information and liftings contact JIM or JOE JURIS Picture Butte Auction Market Picture Butfe, Alta. Phone 732-4400 Picture Auction market located 16 north of Lethbridge Highway 25 MacLEAN LIVESTOCK LTD. means Sound Order Buying Service! DUE TO 1. Direct buying of fresh rancher yearlings and calves 2. Large weekly shipments of feeder cattle from: (a) CENTRAL AND NORTHERN ALBERTA (b) SASKATCHEWAN (c) INTERIOR BRITISH COLUMBIA 3. Complete coverage of local auction markets EMPLOY US TO BEEF UP YOUR PROFITS! Phone Mac Maclean 732-4211 BOX 419 PICTURE BUTTE ;