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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - March 4, 1971, Lethbridge, Alberta IM SIM SS Little movement in stock prices TORONTO (CP) - Prices on the Toronto stock market showed little movement in light mid-morning trading today. Grain prices Winnipeg Grain WINNIPEG (CP) - All commodities except rye and pats were showing fractional strength on slightly improved trading at mid-session on the Winnipeg Grain Exchange today. Rapeseed had light hedge offers and fairly good exporter buying with prices up to two cents higher. Flax also had light hedge offers and scale-down exporter buying. Some exporters were buying barley while oats was inactive. Rye had exporter buying in May with commission houses on both sides of the market in other months. Wednesday's volume of trade was 280,000 bushels of flax, 1,-224,000 of rapeseed and 109,000 of rye. Mid-session prices: Flax: May unchanged 2.54B; July Va higher 2.52%A; Oct. Va higher 2.S6V4B; Nov. not open. ' Rapeseed Vancouver: March 2V* higher 3.07B; May Hi higher 2.91%B; July 2>/e\ higher 2.74 %A; Sep. unchanged 2.58*4. Rapeseed Thunder Bay: April unchanged 2.88; June 2 higher 2.76%B; Oct. and Dec. not open. Oat s: May, July, Oct. and Dec. not open. Barley: May % higher I.3IV4; .July, Oct. and Dec. not open. Rye: May V* higher 1.14A; July unchanged 1.07%; Oct. V4 lower 1.09%A; Dec. unchanged 1.13. Prices for class two wheat Wednesday for export to countries outside IGA: 1 Nor 1.80 %; 2 1.78%; 3 1.74%; 4 1.71 ?A; 1 Durum 1.79y4; 2 1.76y4; 3 1.67 % 4 1.63 IGA prices: 1 Nor 1.807/s 2 1.787/8; 3 1.74%; 4 1.71 %; 1 Durum'1.79V4;-2'1.76V4: 3 1.67%; 4 1.63. Grain quotes Wednesday (basis Lakehead): High Low Close Flax May -254% 254 254 Jly 252% 2521/4 252% Oct 256% 256 256Vs Nov 253% Rapeseed Vancouver May 290V4 287y4 290V4 Jly 272y4 269y4 272% Sep 258Vi Rapeseed Thunder Bay Apr 288 286 288 Jun 274% 274% 274% Oct 256 Dec 254% Oats May 85% 85'/4 85% Jly 85% Oct 86y4 Dec 86% Barley May 130'/8 130% 130'/8 Jly 128% Oct 122y4 Dec 124% Rye May 114% 113% 113% Jly 107% 107% 107% Oct 109% Dec 113 On index, industrials were un-changed at 177.47. Golds dropped .08 to 185.46 and base Metals .27 to 91.09. Western oils gained .30 to 208.07. Volume by 11 a.m. was 627,000 shares, down from 690,000 at the same time Wednesday. Losses outnumbered gains 96 to 90 with 196 issues unchanged. Weakest sectors were banks and trust and loans. Communications led advancing sectors. Leigh Instruments was down y4 to $7%, Canadian Equity y4 to $10%, Dynasty 30 cents to $3.95, Syracuse 20 cents to $2.75, Central-Del Rio % to $12% and BP Oil and Gas five cents to $6.40. Dome Pete rose % to $90, Fraser % to $17%, Canadian Industrial Gas y4 to $11% and Alcan y4 to $23%. Horgold Mines Ltd. was suspended from trading on the exchange because of failure to meet listing requirements. The stock closed at five cents a share Wednesday. LIGHT TRADE MONTREAL (CP) - Prices drifted uneasily in light trading on the Montreal stock market today. Banks were up .96 to 189.99 and the composite .01 to 175.31 while industrials slipped .06 to 178.33, utilities .21 to 153.29 and papers dropped 1.06 to 89.25. By 11 a.m. 228,600 shares traded. Highlighting gains, Dome Petroleum was up $1 to $90, Pefcro-fina Canada % to $21%, Canada Steamship Line % to $30%, British Columbia Telphone % to $65% and Bank of Commerce % to $22. National Sea Products was off $2 to $53, Hollinger % to $36%, Canada Cement Lafarge % to $39% and MacMillan Bloedel % to $26%. SMALL ADVANCE NEW YORK (AP) - Glamor issues were among the major contributors today to a small stock-market advance. The Dow Jor.es average of 30 industrials was ahead 2.47 to 884.86 at noon. Granby Mining and Hudson Bay Mining each tacked on Vt, to $21% and $22% respectively. Alcan, Canadian Pacific, Dome Mines, Genstar and International Nickel were all off %. On the American Stock Exchange, Canadian Javelin rose % to $16y4 and Scurry Rainbow Oil Va to $23%. rhurtday, March 4, 1971 - THE LETHBRIDCE HERALD - 23 Hog prices EDMONTON (CP) - Prices to 11 a.m. provided by the Alberta Hog Producers' Marketing Board: Edmonton: Quoted 22.50 to 23.25, selling 23.25. Average Wednesday 22.95. Red Deer: Quoted 22.55, selling 22.55. Average Wednesday 22.43. Calgary: Quoted 22.50, selling 22.50. Average Wednesday 22.71. Lethbridge: No market. Average Wednesday 22.62. Lloydminster: No market. Average Wednesday 22.82. Total hogs sold to 11 a.m., 701. Sows selling 13.91. ATTENTION! FARMERS and STOCKMEN If You Want TOP DOLLARS for your LIVESTOCK . . . Consign to PICTURE BUTTE AUCTION MART Ideally located in the centre of large* cattle feeding and hog raiting area SATURDAY, March 6 at 1 p.m. 400 - HEAD - 400 ALL CLASSES OF CATTLE Alto ... 400 TO 500 WEANER, FEEDER HOGS AND BROOD SOWS FOR FURTHER INFORMATION CONTACT PICTURE BUTTE AUCTION MART JOE or JIM JURIS Phone 732-4400 or 732-4468 - Picture Butte Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty, Koadhouse and McCuaig) LAST BID OR SALE (11:00 a.m. (moImj C11:00 e.m. fiueteul (11:00 e.m. Quotes. WESTERN OILS Alte East Gas 4.80 Alminex 6.10 Asamera 17.75 BP Oil Gas 6.45 Can South 5.60 Cdn Ex Gas 5.10 Ashland 11.75 Cdn Homestd 9.00 Cdn Home Pfd 15.00 Cdn Ind Gas Oil 11.50 Cdn Long Is .74 Cdn Super 3S.37'/i Cen Del Rio 12.75 Charter 6.50 Chleftan 7.10 Dome Pete 90.00 Dynamic Pete 1.12 Total Pete 7.20 Gt Plains 34.00 Lochlel 1.46 Mill City 1.80 New Conf .R3 North Cdn Oil 7.90 Numac 7.45 Permo .70 Petrol 1.34 Pinnacle .78 Place Gas 1.60 Ponder .60 Ranger 13.50 Scurry Rein 23.12V4 Spooner 1.83 W. Decalta 6.25 MISCELLANEOUS INDUSTRIALS Agra 7.25 Atco Ind 8.50 Aquatalne 24.62V] Brit Nfld 5.12V* Cdn Brew A 30.50 Cdn Brew B 36.00 Cdn Hydro Car UMV2 Cdn Pacific Inv 25.25 CPR Pfd 9.75 Crowsnest Ind 25.00 Cygnus A 5.50 Cygnus B 6.75 Cum Prop 16.50 Gt Cdn Oil S 5.70 Gt Cdn Oil 6-75 100.00 Home A 26.25 Home B 28.25 Home Pltfld 2.05 Hud Bay Co' 17.12V4 Hud Bay Oil 41.25 Hud Bav Oil Pfd 57.00 Hugh Russell 22.50 Husky Oil 17.50 Husky Oil B Pfd 43.75 Husky Oil War 8.70 Inter Prov Pipe 12.25 Intl Utll Pfd ----- Inter Steel Pipe Jefferson Lake Joutel Kaiser Res Kam Kotla L Ont Port Cem MGF Manage Mentor Newconex Pacific Pete Renk Org Selk Hold Shell Can Shell Inv Pfd Shell Inv Wts Sicks Rainier West Cdn Seed White Yuk CALGARY Acroll Ana Pete Barons Oil North Cont Plains Pete West Warner Madison Rexdale PIPELINE STOCKS Alta Gas Tr L A 48.25 Alta Gas Tr L Pfd 72.00 Alta Nat Gasc 24.00 Cdn W Nat Gas 15.75 Inland Nat Gas 12.00 N and C 15.25 N and C B Pfd 30.25 Gaz Metro 4.60 Gas Metro Pfd A 65.50 Tr Cdn P 31.75 Tr Cdn P Pfd 42.50 Tr Cdn P Pfd A 63.50 Tr Cdn P War 10.00 Westcoasf Tr Western Pacific MUTUAL FUNDS AGF Special 2.59 All Cdn Com 7.64 All Cdn Divid All Cdn Vent Amr Gr Fund 5.30 Cdn Invest F 4.45 4.1 Col Mutual 6.10 6.70 Cmnw Inter . 12.42 13.61 39.62'/i 8.37% 11.37'A .79 6.00 1.09 2.90 1.90 .99 5.50 30.50 17.75 11.12% 34.62V1 34.50 14.62% 2.87V2 3.75 16.62'/* .95 .16 .Of'A .02 .32 .39 .3("A .16 cVnnw Lev 3.21 3.52 Corp Invest 5.41 5.92 Corp ;n S F 4.84 5.29 Dreyfus F U.S. 11.97 13.12 Gr Equity 5.95 6.53 Gr In Shares 3.33 XU> Invest Gr 10.70 11.70 Invest Mutuel 5.25 5.11 Mutual Ac 5.16 5.67 Mutual Gr F 5.02 5.52 Nat Res 7.23 7.90 N W Fin 4.31 4.74 N W Gr 5.22 5.74 Principal Gr 4.03 4.42 Royfund 5.38 5.53 United Ac 4.66 5.12 Universal Sev 7.08 7.78 Temp Gr 24.74 27.04 VANCOUVER Auk Arctic Mining Atlas Explor Beth Copper Block Bros Brenda B.C. Sugar .32 .14 .55 14.75 6.05 7.00 17.75 B.C. Sugar Pfd 16.25 23.00 4.80 35 8.70 �.51 3.42 3.74 5.82 Capt Infer Churchill Copper Col ellulose Coronation redit Crestbrook F Croyden Dynasty Fort Reliance Giant Mascot Granlsle Key Indust Growers B Bath Norse Hys Interior Brew Jericho Kamloops Copper Lornex Lytton Minerals New Cronin New Imp Mines 5.00 .91 5.87% 5.75 Ind 7.25 .22 4.25 .61 4.65 10.00 .26 4.15 1.10 2.50 4.90 .09 .11% 7.25 2.10 .08 1.30 Okanagan Helicop 4.35 Primer Pyramid Silver Standard Texmont Tro|an Western Mines Westcoast Res Western Explor Utica .16 .33 1.48 .66 .26% 3.20 .14 .26 .46 Toronto mines, industrials Supplied by Richardson Securities of Canada LAST BID OR SALE (11:00 a.m. Quotes) (11:00 a.m. Quotes) (11:00 a.m. Quotes) MINES Acme Advocate Asb. Akeltcho Area Mines Black Bay Bralorne Broulan Bethlehem Brunswick Canada Tung. Cassiar Central Pat. Chimo Con west Cons. Rambler Coin Lake Cochenour Craigmont Dickenson Mines Denison Mines Deer Horn D'Eldona Dome Mines Donelda Discovery Mines East Malartic East Sullivan Falcon bridge Frobex First Maritlmes Giant Y.K. Bovls Gunnar Granduc Headway R.L. Hollinger Hudson Bay M-S Hydra Ex. Highland Bell Iron Bay ISO Jollet Quebec Kerr Addison Key Anacon Labrador Lake Shore Leltch Langls Silver Madsen R.L. Malartic G.F. Martin McNeely Maybrun Maclntyre Meta Mldrim Intern Mogul New Athona New Calumet New Imperial .07 2.30 .50 1.55 .06% 2.50 .25% 14.50 5.25 2.50 22.50 2.30 1.45 9.90 1.98 .14 .41 8.20 1.45 28.00 .06 .86 65.25 .17% 1.02 1.10 3.35 136.50 .27% 1.06 10.25 1.90 6.85 10.50 36.50 21.62% .26 3.15 3.60 1.68 .20 9.60 .33 35.25 3.25 1.60 .12 .76 .85 9.50 .13% 126.00 .13 .28 11.50 .16 .24 1.38 Noranda Northgete Opemlske Oslsko Patino Pine Point Placer Dev. P.C. Exp. Quebec Man Rayrock Radlore Rio Algom Roman Corp. Silverflelds Sherritt Gordon Silver Miller Steep Rock Slscoe Tek Corp. Texmont Upper Canada Western Mines Wright Har. Willroy Windfall Yellowknife Bear Zenmac INDUSTRIALS Abitibi 31.75 8.30 .10.87% .26 22.00 28.75 32.75 .99 .17 1.65 .36% 19.00 7.20 1.90 17.25 .08% 2.45 1.75 155 .66 2.00 3.25 1.23 1.08 .14% 5.75 .12 Alcan Algoma Steel Atco Ind Atlan Sugar Bell Tel Brazil Trac B.C. Tel Burns B.C. Forest B.C. Sugar CAE Ind Cdn Brew Chemcell Col Cellulose Cal Power Cdn Indust Canada S S Cdn Marconi Chrysler CPR Cominco Cons Bath Cons Gas Dist Sea Dom Bridge Domtar Dom Textile Dom Stores Dome Pete 7.25 23.12% 14.87% 8.50 7.75 47.75 16.87% 65.50 11.12'/j 24.00 17.75 4.50 7.50 4.85 5.75 26.37% 13.37% 30.25 3.70 27.00 70.00 20.87V2 10.00 19.37V2 52.25 20.62V2 15.25 15.12% 10.75 90.00 Dofasco Fam Play Fd of Amer Gt Cdn Oil Gen Motors Gt Lakes Pap Gulf Oil Cda Greyhound Hawker Sid Huron, Erie Hiram Walk Imperial Oil Imprial Tob Int Nickel Int Pipe Inv Gp A Int Utiities Indust Accept Laurent Ida Kelly Doug A Lbeb Loblaw A Metro Stores Massey Ferg McMillan Bloe Moore Corp Molsons A Molsons B North, Cent Pembina Pp Power Corp Price Co Rothmans St Law Corp Shell CDA Simpson's Simp Sears . Steel of Can Selkirk A Texaco Traders Gp A Trans Mtn Pp Trans Can Pp Union Gas Union Oil Versatile Mfg Westeel Union Car Weston's B Woodward's A West Cdn Sd Zenith Elec BANKS Can Imperial Montreal Nova Scotia Royal Tor-Dom 24.75 9.75 57.00 5.50 80.25 19.00 21.00 14.25 2.35 20.57% 38.37V2 19.25 17.00 43.50 27.00 8.37% 39.62V2 17.00 7.50 5.25 3.25 4.90 35.00 10.50 26.50 34.371/j 16.50 16.00 15.25 24.25 5.25 8.50 11.62% 19.00 34.25 18.00 23.75 27.00 11.121/2 'O.OO 11.00 22.87% 32.25 15.37% 42.00 3.60 10.75 15.00 19.50 19.87% 3.75 1.45 21.75 15.25 23.25 24.75 21.62% New York stocks Supplied by Richardson. Securities ot Canada Amr T and T 48.62% Montgomery Ward 34.87% Anaconda 20.12% Sears 81.75 Bth Steel 24.25 Std Oil of N.J. 77.00 Chrysler 27.25 Texas Gulf 120.37% Comsat 69.12% Texas Co 35.62% Dupont 136.25 Woolworth 51.25 General Motors 80.12% Gulf 31.00 Int Harvester 31.50 Kenn Copper 34.62% Westinghouse Elec 80.37% U.S. Steel 24.87V2 TORONTO AVERAGES 20 Indust 177.56 up .09 20 Golds 185.41 off .13 10 Base Met 90.92 off .44 15 W Oils 208.19 up .42 Volume 1,058,000 NEW YORK AVERAGES 30 Indust 884.86 up 2.47 20 Rails 197.63 up .15 15 Utilities 121.52 off .06 65 Stocks 291.77 up .49 Volume 6,750,000 Rogers plays big role in foreign policy WASHINGTON (AP) - The state department said Wednesday that State Secretary William P. Rogers "has played and continues to play a decisive role in foreign policy decisions." The department, through press officer Robert J. Mc-Closkey, was replying to a statement by Senator Stuart Symington (Dem. Mo.) that presidential adviser Henry A. Kissinger has become secretary of state in everything but title. President Nixion said Tuesday, through a spokesman, that the statement is not true. THE U OF I BASKETBALL RAFFLE WINNER CHAD NESSMAN TABER, ALBERTA THANK YOU FOR YOUR SUPPORT! Beef futures WINNIPEG (CP) - The Winnipeg live beef futures market Wednesday had trades in March between commission houses on both sides of the market at prices 10 points above previous levels. Four contracts were signed Tuesday. Open High Low Close Mar 33.00 32.00B May 31.BON Jly 31.25N Potato futures WINNIPEG (CP) - There was moderate activity on the Maritime potato futures market Wednesday with trades in March and May. Four trades were completed Tuesday. Open High Low Close Mar 2.20 2.2M Aor 2 30A May 2.80 2.05B Nov 2.40A GETS $3,300 BACK PAY NEW YORK (Reuter) -Mayor John Lindsay has yielded to the Patrolmen's Benevolent Association and said that each of the city's 27,000 policemen will receive $3,300 in pay retroactive to Oct. 1, 1968. COMPUTER ACCOUNTING AND MANAGEMENT LTD. Data Processing Services 507 CANADA TRUST BUILDING TELEPHONE 328-7883 GNP figures show sharp gain OTTAWA (CP)-A strong gain in the final three months of 1970 sent the year's total of goods and services produced in Canada to an estimated $84,468 million, the Dominion Bureau of Statistics reported today. The total-Canada's gross national product-was 7.5 per cent higher than the GNP for 1969, $78,560 million, but the price increase for the year was 4.1 per cent. This was a slightly slower rate of over-all growth, and a considerably higher rate of price increase, than has prevailed in recent years. In the final three months of 1970, the GNP was estimated to be running at an annual rate of $86,376 million, up sharply from $84,988 million in the third quarter. The GNP now is likely to exceed $90,000 million by the end of 1971. Last year's total output of goods and services, valued at current market prices for the year, was the equivalent of $9,977.33 for each person in the Students support teachers WELLAND, Ont. (CP) - Stu dents in three area schools kept their promise Wednesday and refused to attend classes as a show of support for teachers protesting a decision ' by the Niagara South board of educa tion to reduce the number of teachers. More than 1,000 students walked out at two high schools in Fort Erie and one at Thorold. Students who attended a board meeting here Tuesday night said they would strike Wednesday to protest the cut backs. They requested that the number of teachers remain the same. The board's 950 teachers at 16 high schools started a work-to-rule program Monday to protest the board decision. The immediate result was a slowdown in extra-curricular activities such as sports and school plays. The board said 185 teaching positions, to become vacant through resignations and retirements will not be filled because of the provincial government's new spending guidelines. $50 million in projects approved CALGARY (CP) - The Cal g a r y Planning Commission Wednesday approved $50 million in building projects for the city, including a $30 million housing development. The development, announced by Famous Players Ltd. and franchised development group of Edmonton, will involve four high-rise apartments and a number of smaller buildings'. The project would occupy a 55-acre site along the Bow River in northwest Calgary and would contain 1,462 suites. A $7 million, 41-storey apartment building near the Husky Tower in downtown Calgary was also approved, along with a provincial judges' court and remand centre, valued at $5 million. Net earnings By THE CANADIAN PRESS Bank of Nova Scotia, three months ended Jan. 31: 1970, $5,933,209, 35.2 cents a share; 1969, $4,735,874, 29.8 cents. Loblaw Companies Ltd., 40 weeks' ended Jan. 2; 1971, $4,693,000, 35 c e n t s & share; 1970 $6,587,000, 51 cents. Dividends By THE CANADIAN PRESS Beaver Lumber Co. Ltd., common 12% cents; class A 25 cents; pfd. 35 cents, all April .1, record March 10. �l.'flj|jgjM*- Serving you with  INTEGRITY  STABILITY  EXPERIENCE For over 60 years We write all kinds of INSURANCE HOME-BUSINESS-FARM-AUTO-and LIFE and can save you $$ MONEY $$ SEE US SOON- rFrSTjRJSSiQf IMSllflANCE MANAGMS � IH^KIHi - Af.lNTl A continuous family enterprise for over 60 years 706 3rd Ave. S., Lethbridge Phone 327-2793 country's labor force. This compares with an average of $9,509.26 for each person in the labor force in 1969. The over-all price increase of 4.1 per cent last year compared with an increase of 4.7 per cent in 1969. However, the bureau said, during the final three months of 1970, the price in- crease was much more moderate, only one tenth of one per cent compared with two per cent in the first three months of this year. COMBINES WITH RECOVERY This, combined with a recovery from earlier in 1970 in the quantity of goods and services produced, resulted in a strong Livestock Calgary Livestock CALGARY (CP) - On offer to 11 a.m., about 1,200 head; mostly mixed grades of slaughter cattle with a large percentage of steers. Trade was moderate on steers, active or heifers and cows. Slaughter steers were .25 lower; heifers were steady, cows were mostly medium and canner kinds with all grades steady; bulls were barely steady. Choice slaughter steers 31.25 to 31.60, good 30 to 31, medium 28.50 to 29.50. Choice heifers 29.25 to 29.70, good 28 to 29, medium 26.25 to 27.75. Good cows 20.25 to 21.25, medium 19 20, canners and cutters 17 to 19. Good bulls 24 to 25. Replacement cattle were mostly heavy, fleshy steers selling at steady prices. No Royal Trust cuts rate MONTREAL (CP) - Royal Trust Co. today announced a reduction of one-half per cent in the interest rate on conventional and National Housing Act Mortgages. The new rate of nine per cent will be applied to houses and duplexes. The company also announced a reduction of a quarter per cent to 9Vz per cent the rate on loans for commercial, industrial and other real estate. The interest rate on savings accounts was reduced to five from 5% per cent. Earlier this week several other trust companies and chartered banks announced similar reductions. Durum variety on the market OTTAWA (CP) - A new higher yielding variety of durum wheat with short straw has been released by the agriculture department, it was announced here. The department says the new variety, Wascana, may replace Stewart and Pelissier, both popular varieties on the Prairies. Beside its short straw, higher yield and earlier maturing date, Wascana is resistant to loose smut, bunt, leaf and stem rust and moderately resistant to kernel smudge. It is eligible for the top grades of Canadian amber durum wheats, the department said. Dollar Value MONTREAL (CP) - U.S. dollar in terms of Canadian funds down 1-16 to $1.00 21-32. Pound sterling down 5-16 to $2.43%. NEW YORK (CP) - Canadian dollar up 5-64 at $99% In terms of U.S. funds. Pound sterling down 7-64 at $2.4113-16. Total hogs sold Wednesdrf/, 5,493, average 22.80. Why it's called THE SECURITY GRAPH My: Eric Mayeske How much Life Insurance do you really need to guarantee your family the kind of future you want them to enjoy? The Manufacturers Life's Security Graph answers this question by an easily understood visual method. A Security Graph review of your present Life Insurance will enable you and your family to get maximum benefits from your present policies. For more information just mail the coupon. To: MANUFACTURERS LIFE INSURANCE COMPANY 210 Professional Bldg., Phone 327-5514 I would like to know more about your SECURITY GRAPHi NAME.....................___________ ADDRESS..................................._....... stock or slaughter calves offered early. Good feeder steers more than 750 pounds 30 to 32. Good feeder heifers 28 to 31. Hogs base price 22.50. Lambs were 50 cents lower Wednesday with good kinds 25. Macleod Livestock FORT MACLEOD - On offer 577 cattle and calves steady trade on all classes. Choice steers 31.70 to 32.00. Good 30.00 to 31.25. Choice heifers 29.40 to 29.80. Good 28.40 to 29.10. Good cows 20.00 to 21.00. Sales on heifery kinds to 21.80; medium 18.50 to 19.75; plainer kinds down to 16.30. Good short keep steers 31.70 to 32.60 with 550 to 630 lb. steers 34.80 to 38.00. Good feeder heifers 30.00 to 31.50 with one fancy package of 26 weighing 700 lbs. selling at 32.20. Heifer calves brought 33.00 to 34.25 depending on weight. Stock cows sold with the better end-nothing really fancy at $275.00 to $300.00 while t'ne plainer kinds brought $240.00 to $260.00. Prudential sales up TORONTO (CP) - Prudential Insurance Co. of America reports it had record sales in Canada with $769.4 million worth of life insurance sold during 1970, an increase of $118.5 million over 1969. Business in force in Canada totalled $5,800 million at the end of the year and net gain over the total at the end of 1969 was almost $180 million. Floyd H. Bragg, senior vice-president in charge of Prudential's Canadian operation, said Canadian policyholders' assets totalled more than $750 million at Dec. 31 and combined Canadian and U.S. policyholder investment in Canada was about $1,800 million. Prudential is a policyholder-owned company and the total paid to Canadians for dividends or claims was $91.7 million in 1970. increase in the GNP in the final three months. GNP is widely regarded as the best and most easily obtained measure of the total output of the country. It values goods and services at the end of the production line, when sold to consumers, governments, and industry for its accumulation of inventories and new plant and equipment. Wages, salaries and supplementary labor income totalled $47,043 million in 1970, up from $43,203 million in 1969. Military pay and allowances rose modestly to $906 million from $898 million. But corporation profits before taxes were down last year to $7,364 million from $7,852 million in 1989. They declined in the second quarter of the year and after a small recovery in the third quarter, they dipped sharply in October, November and December. As for goods and services sold, personal expenditure on consumer goods and services rose to $48,995 million for the year from $46,531 million in 1969. SPENDING UP Government expenditures on currently-used goods and services rose to $15,802 million from $13,680 million. Government expenditures on new buildings and equipment rose to $3,252 million from $3,052 million. House construction and business expenditure on new plant and equipment totalled $14,709 million last year, compared with $14,190 million in 1969. Snowmobiles becoming headache McLENNAN (CP) - An inquest into Alberta's first snow-mobile fatality recommended that the present snow vehicles act be revised with greater emphasis on safety. Henry Thibault, 26, of Fahler, died Feb. 4 when the snowmobile he was driving collided with a truck driven by Armand Bellerieve, also of Fahler. Mr. Thibault was wearing a safety helmet but no goggles. Before sending the jury out, coroner Dr. H. W. Fish of McLennan said chief coroner M. M. Cantor had asked for recommendations. "Snowmobiles are proving to be quite a headache in some centres because of irresponsible drivers," Dr. Fish said. Some drivers "tend to have a lot of power and don't know how to use it." He described Mr. Thibault's death as a "misadventure" to which no blame could be attached. v. recess 1 tt a an J *S\jstems UeJ 1003 4th Avenue S.r Lethbridge Telephone 328-4426 V. recessing ervices AUCTION SALE at the 4-H CLUB DISPLAY BUILDING LETHBRIDGE FAIR GROUNDS of ANTIQUES, CANADIANA DECORATOR ITEMS BYGONES AND COLLECTABLES Sat., March 6-1:00 p.m. Sharp j Featuring an oak roll-top desk, oak swivel office chair, candlestick telephone, Old English Mahogany canteen of silver cutlery. And a host of other interesting and unusual items including fine quality original oil paintings, whale oil lamp, English banquet and parlor lamps, Railway lanterns, horse braises, copper and brassware, crystal and glassware, fine quality antique furniture, Canadian furniture, early radios, shaving mugs, photo-album, piano stool, dining room table, brass Military Drum, crockery of various types and description and numerous other items. Set of Team harness complete with Scotch Tops and Scotch Homes including attached spreaders, all in excellent condition. GOODS ON VIEW Friday, March 5 from 2:30 p.m. to 9 p.m. Saturday, March 6 from 9:30 a.m. to 12:00 noon HARRISON AUCTION SERVICE 8820 48 AVENUE N. W. CALGARY 50, ALBERTA. Auctioneer: W. J. (BILL) HARRISON - License No. 010041 ;