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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 4, 1972, Lethbridge, Alberta Solurdoy, March 4, 1971 THE LHHBRIDGE HER AID _ 13 Future for grain corn looks bright By RIC SWIHAKT Staff Writer TABBR British Columbia's Fraser Valley has forecast a need for 5'A million bushels of grain corn for 1982. If the price is right, southern Alberta can and will be the supplier. Bill Ritchie, representative of ihe B.C. Feed Manufacturers Association, said the greatest amount of corn is used In tha poultry feed industry. Addressing the Alberta Corn Growers Association Tuesday, Mr. Ritchie said this would be a 1.5 million bushel increase from the total used in 1970. And to add to a rather rosy picture, the Fraser Valley accounts for only 82 per cent of the B.C feed production. Presently, B.C. gets it's corn supply from the Minneapolis, Minnesota area for SCO.50-64.00 per ton. If able to supply thn demand, Alberta growers would get the same price. PIUCE IS KEY The key is the price. Ev e n though corn is needed in somo specially products, the use is limited by the high price. "We could use much more if it was priced ho said This Is how Alberta growers can convince B.C. feed manu- facturers to use their product- be competitive with other pri- mary grains used in the feed industry, he said. At present prices and produc- tion limits, Mr. Ritchie feels south Alberta may not be able to enter the corn market in B.C on a large scale for some time. Since wheat and corn can be interchanged for feed produc tion, the corn price should be approximately the same as wheat. Wheat brings per ton for feed. Mr. Ritchie claimed tha southern Alberta producer would have to increase yield to an average of 100 bushel per acre in order to make profit, Yields on irrigated land dur Ing 1971 averaged about 6 bushels per acre. This is about the estimated yield necessary to break even on a years production, at pres- ent costs and prices. Several producers did surpass the 100-bushel mark, proving it can be done, he said. Base metals improve By PETEH LEIC11N1T7, Canadian Tress Slaff Writer Base racial issues continued long the long road lo recovery rom lows recorded late last ear as major Canadian stock markets moved. higher for the ourlh consecutive week in ac- tive trading this week. One analyst said the strong performance by base metal is- sues has been Ihe result of sev- eral price increases by major Canadian melal producers. The >rices for lead, zinc and copper lave all been raised this year. At Toronto, the base metal nta recorded the largest ad- varies of the wei'k gaining 4.05 points to 94.97, its best level since May 21, 1971. At New York, prices recorded their best advance in recent weeks in active trading. On the Montreal and indcx rose 1.43 points during the week, closing Friday at 206.G2. VOLUME 11ISES Combined volume during the week was G.H million shares, compared with 5.94 million last week. At T o r o n t D, 17.06 million shares changed hands during the week, down from 10.12 mil- lion a week earlier. Some of the best advances of the week were recorded in the industrial sector of the market as investors continued to react favorably to improved year-end earnings reports by several major Canadian companies. The Toronto market's in- dustrial index, a good indicator of market movement, rose .40 points during the week, closing dlan exchanges, the composite Friday at 203.74. Markets edged fractionally Bond prices Supplied by Doherty Doherly McCuaig Limited GOVERNMENT OF CANADA BONOS Sept. Oct. 100.06 99.00 89.50 Jul 1, '78 107.75 108.25 Sept. 1, '83 84.25 84.50 Perp, 3 Sept. 15 40.00 42.00 Apr. 1, '75 101.75 102.25 Jul. 1, '75 103.75 104.25 5Vi% Sep. 1, '92 87.00 PROVINCIAL GOVERNMENT OF GUARANTEED BONDS By Germ Fawcelle VITAMIN C DOES FIGHT IN- FECTION! THIS LATEST SHOT IM WE BATTLE OVER THE VITAMINS EFFECTIVENESS OWES FBOM TESTS WHERE 'DRWMTIC RESULTED FROMTHE ADDITION OFVIT.C TO WHITE BbOOO CEUS WHICH WERE NOT REPELLING IMFECTOM.., Stay At the RiVlERA Are Fiat employees spied upon? TURIN, Italy (AP) An In- vestigating judge notified somo of the top managers of the Flat motor company and scores oJ policemen here they are sus- pected of illegal spying on em- ployees of Italy's largest privatp firm. The notification coincided with a four-hour strike by Fiat workers accusing their bosses of "repressive methods." Judge Ivan Monone named as suspects Gaudenzio Boni, Fiats vice-president; N i c o 1 o Gioia, general manager; Umberto Cut- tic a, head of the personnel de- partment; Ermanno Bessone, officer in charge of the political bureau of die Turin police, and 73 policemen or retired police- men now employed by Fiat. The judge said they were sus- pected of bribery, illegal viola- tion of personal privacy, viola- tion of police secrets and other crimes. Punishment on convic- tion could run to five years in prison or more. The company declined to com- ment. Communists and oilier leftists have accused Fiat for decades of bribing the police to pass on information on political and union activists. Alberta Ontario 7 Ont Hyd 9 New Br Nfld 8 N S. Quebec Alberta Man Hyd 8 Sask Nfld ACT Man 8 '90 105.50 107.50 '88 9.1.50 95.50 '95 109.00 111.60 '90 109.00 111.00 '74 101.00 103.00 '92 8B.OO 90.00 '74 101.00 103.00 '90 106.00 108.00 '91 100.00 102.00 '90 107.00 109.00 '90 108.00 110.00 '74 103.00 105.00 '74 103.00 105.00 lower early ta Ihe week as profit-taking and a minor selloff cut Into the large advances recorded last week. The upward trend resumed midway through the week and Friday the To- ronto market's industrial index posted its best session of the week, gaining 1.22 points. At New York, the Dow Jones industrial average of 30 key blue-chip issues climbed 19.64 points, its best advance in sev eral weeks, closing Friday a 9-12.43, a high since April 29 1971. Toial volume at New York was 104.81 million shares, up from 69.97 million last week, OILS SLIP Profit-taking early In Ui week severely reduced the strong gains recorded by west- ern-oil issues last week follow- ng the announcement of an oil discovery in the Canadian Arc- Jc. One market observer said much of the selling was by investors who thought the mar- set "had over reacted to the news of tha discovery." However, late in the week oil Issues began edging higher lime, one analyst Gold issues suffered the sharpest losses. One market ob- server said there has been "a marked reduction In the interest shown by investors In Uiis sec- tor of the market" since the gold crisis was settled late last year. During the the To- ronto stock market's goM index fell 4.03 points, closing Friday at 173.70. During February a total o 67.4 million shares lands on the Toronto stock rnar- et, the largest since June, 1969 nd up from 47.1 million duriilf le same month last year. Dollar value of issues trade< was million, an 82.7-per cent increase from Uie mi] ion in February, 1971. On Ihe Montreal and Oana dian exchanges the value of is sues traded during Februar was million, a 30-pcr-cen ncrease from the millio during the same month las year INDUSTRIAL: 'W J06.00 107.00 '91 106.50 108.50 '82 106.00 '90 106.00 10B.OO '79 107.00 109.00 '93 109.50 110.50 '80 105.50 100.50 '90 104.00 105.00 '91 107.00 109.00 '90 107.00 109.00 i '90 105.50 10G.50 1, '90 100.50 100.50 '80 104.50 106.50 '90 107.00 108.00 '90 Combined volume on the tv. exchanges totalled 25.05 million down from 26.61 million a ye ago. Secret meetings opponent reinstated RED DEER (CP) Gilbert 'arthing, removed as chairman f Red Deer College's art de- lartment, says lie will continue to teach at tho school. Ho said in an interview ho wil1 await the outcome of a pro- posed public inquiry which would study staff and student unrest at the college. The pro- vincial cabinet is to decide Tuesday whether there will bo an Inquiry. The college board of gover- nors has ordered Mr. Farth- ing's Feb. 2 suspension lifted but wants him to "cease inter- fering in the administrative matters" of the college. Mr. Farthing said he is puz- zled by the claim that he has Interfered in administrative mailers outside his jurisdlc- lon. He recently suggested that ho board conduct all ils busi- ness in public. Five instructors it Iho college were denied ten- Dividends By THE CANADIAN PRESS Canadian Imptvlal Bank o: Commerce, 20 cents May 1 record March 31. ure at a closed meeting of tha board on Jan. 20, he had said. The unrest at the college is centred on reductions of staff and courses because of budget cuts. TOURIST INCOME Tourists spent billion In Britain in 1971. said, based on "speculative buy- Alta G T 9VS Alcan B.C. For B.C. Tel 914% Bell Tel 914% Bell Tel 9Vi% CPR CP Sec Cdn UUI CWNG 9W Gulf Oil Inter P P D-ls1; Massey 9 Noranda 9VJT< Int Nickel 91V- N and C G 912% '31 107.00 109.00 St Of Cdn 91i% '90 108.00 108.00 Tr Cdn P '90 109.00 111.00 Tr Cdn P 10% '90 112.00 CONVERTIBLES ing." At Toronto, the western oU index ended the week at 227.39, down .90. HAY REALTY LTD. Recently received the Certificate of Achievement from the Lethbridge Real Estate Board for trie TOP AGENCY OF 1971 M.l.S. SALES VOLUME IN 1971 M WHEN SELLING, BUYING, TRADING OR RENTING CAU HAY REALTY LTD. COLLEGE MAIL 327-7975 or 327-7077 DR. R. A. LACEY M.B.. 8.5. F.R.C.S., M.R.C.O.G., SPECIALIST IN OBSTETRICS AND GYNAECOLOGY WISHES TO ANNOUNCE THE LOCATION OF HIS OFFICE AT 1283 3rd AVENUE SOUTH UETHBRIDGE, ALBERTA FROM 1st MARCH, 1972 BY APPOINTMENT TELEPHONE 327-8171 FOR SALE BY OWNER At One of lethbrldge's Best locations 605 28th Street South, Lethbridge Such features as: TSOO sq. ft. on the main floor, 3 bedrooms, dining room with built In china cabinet, Tappan deluxe dilhwaiher, famitv room, built in heatod earage with electric door open- er, two ono covered, professfonally lancficetped, underground sprinkler system, woll to wall carpet) in all rooms, two full FULL PRICE DOWM PAYMENT OPEN Contact BILL MORGAN Res. Ph. 328-3729 Bus. Ph. 328-6056 Crossword THE HOTEL WITH MORE TO OFFER AND WE NOW HAVE COLORED TV For Your Convenience] In Malting Reservation! CALL AND ASK FOR tONG DISTANCE ZEnlth 0-7255 al no cost lo you IVIERA MOTOR HOTEL 5359 Calgary Trail Edmonton, Alberta Phone: (403) 434-3431 Telex: 037-2510 Alta G T 7H% Cons Gas 514 Scur Rain 7'A? Tr Cdn P 5 WC Tr C 5V47 WC Tr 714 Dynasty 7 Acklands 7V4' '90 140.00 150.00 '89 97.CO 99.00 '83 92.00 94.00 '89 108.00 110.00 '88 105.00 107.00 '91 130.00 138.00 '82 90.00 '88 95.00 97.00 SALESMAN OF THE MONTH LES SKINNER Westbank Real pleased to announce lhaf Lea Skinner has won trie iales- mon of Ihe monfh for Feb- ruary. Mr. Skinner extends his lhanki to all hrs clients that helped make achievement possible. WESTBANK REAL ESTATE AXE SPRUCE GOOSE LONG BEACH, Calif. (AP) Howard Hughes' Spruce Goose, the controversial pant plywood seaplane that flew only once, is scheduled lo be evicted from Its roosting spot in a year. The har- bor commission refused Tues- day to renew the industrialist's -year lease on the hangar where the plane has res'led, almost as hidden from the public as Hughes himself, since its single one-minute flight to 1W7. The commission gave Hughes Tool Co. unlil March 4, 1973, to remove the plane. 1 Fishermen 8 Blunt needlei 15 Carriage and saddle hone' 22 Extravagant 23 Slanra of eight linei 24 25 26 Angry Biowler 27 Most unhappy 23 Fixes in position 29 Dili ant 31 Sonowful expreision 32 Tobacco 34 Informer 35 point: abbr, 36 37 Sawbuck 33 Drunken carousal 39 French city 40 Evil: comb, form ByH.H.Reddall MISCELLANY ACROSS 41 Hamelin'j 73 Hatl-moon e.g. piper 43 Paul, 44 Mineral spring 46 Radio okay 19 Golfer's EO Swamps: var, 5; Extreme 55 Love god 56 Outside covering 57 Pioiect 58 Light hue: wds. 60 Total 61 Transmitted 62 Tromeri 63 Seed coveting 64 Oelsn prak 65 Baiemeim 67 Is poisibla 68 Scenti 59 Hang loosely 70 Court action 71 Jury list 72 Reachei H. H, Smith Ltd. Customs Broker 3444822 1 Degradl 2 Cognomens 3 Abrado 4 Privation 5 peers: abbr. 6 Lamentabli 7 Auto type 8 Ministerial degrees; abbr. 9 Adorni 10 Telephoned 11 Moslem scripturei 12 Ailmernr 13 Born 14 Sharpened T5Cue ball stroke 16 17 Revolution- artei IB 19 WidflBwalci 20 Kind of twang 21 Bout: colloq 30MB31 33 God of war 36 Sailor 38 Makes like vinegar 39 Tranifer of ownership figure Tool let 75 Florida tport 77 Coin ol Peru 78 Hurried 80 Voided eicuccheoni 81 Steam balh 82 Shlp'l bot- tom piank 85 Stunnum 86 Emissaries 87 Aver 88 Pioneer 89 Single 901iid H! 91 Piophetl 02 Legal equal 93 Man's name 94 Renos-rig 96 Look fixedly 97 Happy 98 Weight! 99 100 Russian Btives: var. 101 Exude 102 Hindu aueen DOWN 40 Kiddle: comb, form 42 Annoy 43 Horns or 45 Drawl 46 Respond 47 Command 48 Divinity 40 Makes verbal quibblei 50 Result of beach over- 103 Portugueu coin: abbr 105 Periods of tlmo 106 Stupor 107-----Cupid 108 World War I admiral 111 112 Presiding oflirer: ebhr. 114 Pack IIGGcw't, 119 Anger 120 Split 121 Pelvic bonei 122 Long, long lime 123 Gill's 124 Scorn 126 Postal 129 Setter, e.g. 131 Seducer 132 Wind flower 133 Aminoacfd 134 Ocean trial 135 Acts of retri- bution 13fi Jonathan 52 Disireji 53 Fonreii 01 uia saying 56 Nol hii b7 Thief; Yiddish 6B Tine of a fork 69 Affected manners 61 Reason 62 Sheeli ol glass 63 Turkiih city 6G Placed recumbent 67 Walking iticki 68 SuppoiB 7t Certain Europeani 72 Closes 73 75 Patch 76 European river: Fr. 77 Heavenly body 78 Shop NEED MONEY FAST? to REDUCE PAYMENTS BY MORE THAN 50% FREE HOUSE APPRAISAL! Repay according to your qualified budget! Mortgage loans made regordleit of credit rating! Phone for confidential loan MIDTOWN MORTGAGE and LOANS LTD. 1265 3rd AVENUE LETHBRIDGE J. (Norm) GieibreeM Phone 327-2181, Evenings or Weekends 32B-0005 23, by Anthony Morse ACROSS 1 Old Greek 19 Count on canteit 5 Movies 6 Tough in uniform 10 Middle Eait garb 11 Collection! of an i mai 20 Caia roo 21 Reply: ebbr. 22 Dill ?3 Headtin-r 25 King of Judah 28 Family background 39 Erinorg. 40 Soul 41 Nephrite 42 Thor's wife 43 Latin pronoun SOLUTION'S OP UST WEEK'S PUZZLES 79 Yearni BO Honest 82 Pung S3 Celtic fool wldier B4 Expungs 86 Whirls 87 Placet in office B8 Summit DOWN 1 Kettledrurr 2 Revolve 3 California fort 4 Immediately 6 Deer with grourxf coin, flic, 1 coted'----- 6 Tapering frgura 9 Loam 12 Pig 91 Purloin 92 Gratify 95 Golf moundl 96 Pertaining to manateal 97 Piecioui stone 90 Sunburn 100 Granular jr.ow 15 Dog-like 16 Fragrant 17 Portal 18 San----- 20 Pmonnl seasoning order 24 Grain ?5 Come down 26-----comic 27 Babylonian abode of the dead Lettuca 102 Uncooked 104 Turning pointi 1 10 Koslesj Perle 1 1 2 Turn o Jl- ward 106 113 Region; poet, 507 Name (or B duck 108 Divided positioni 109 Girl's nama 29 Faiial'i warriori 30 Rove 31 Dutch communi 37 Turi ia genus: var. 38Moiiture 40 Babylonian god 41 Stick out 44 Pneumatic pressura 46 Ducts 115 Judicial robes 1 16 Lowest point 1 17 Fair 118 Wise men 47 Cicero's colleague 49 Ivy Leaguer EO fnfant 5: Pronoun 52 kon; praf, G3 Smear M Decrees Lived in a tree 61 German exclamation 62 Nicknama 63 Crests 120 Food i 121 The same de pro lion 127 Compail pt. 123 Roman Ljronie 130 Stomach 66 Customary! abbr. 63 Fair 72 Musical group 78 Vandaf 79 Wild ox ROPrie------ 81 Shock 82 Envoy 90 Ethiopian river 91 Fairy queen CRYPTOGRAMS l.ANLZBAXBC CUP: INP DSN YOUXL JUMP AND TK QULAP TRY IXT CXAO ZONE 8NENTRLXMRQ EXJG! Dy B.rb.r. J. t. SOCCOMN TRl DM OMYTKU I D E STXK IDAUZ UEHUXI QUCH TX AMDYA TS D N U M 0 R Z By Ellznhelli A. Lyol V'i Cryptogram! 1. rallliottlie gods are grinding men farter near the flnUh line ol 2. Maiden Udy took mild ocean cruise to cure balky bluet 3. Msny nights in August may be hot, but in February often are not. (B 1972 by Chicago Synd. Inc. Woild RlshU Reserved ;