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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 5, 1971, Lethbridge, Alberta March 1971 THE HERAID 2 Stock market prices lower TORONTO CP Prices on the Toronto stock market were mixed to fractionally lower in moderate midmorning trading On industrials were down to and base met als to Golds rose to and western oils to Volume by 11 was up from at the same time Gams outnumbered losses 166 to 94 with 197 issues Weakest sectors were communication and Bank of Montreal was down to Southam to Bell to Canadian Impe rial Bank VB to Reitmans Auto sales rise DETROIT AP sales of foriegn and domestic cars in creased by nearly nine per cent in Februarv compared with the same month last Sales of Americanmade cars were up per cent with Gen eral Motors and Ford both showing gains and Chrysler and American Motors Although Volkswagens Febru ary sales were down this year from sales of foreign im ports were up per largely due to gains posted by Toyota and both Japa nese Sales of foreign cars made by or for American iirms in creased per mainly because three such models Plymouth Dodge Colt and Mercury not on the market a year The total of cars sold in February included Americanmade for eign imports and imports made by or for American In February there were cars of which were American foreign imports and imports made by or for Ameri can For the first two months of this year sales are running per cent ahead of last Sales of Americanmade ears are up per while sales of foreign imports are up per cent and sales of madefor imports are up per cent Potato futures WINNIPEG CP There was fair action on the Maritime potato futures market Thurs day with trades in the nearby Wednesdays volume of trade was 21 Open High Low Close Mar Apr May 2 C5B 1 to Stelco to and Westcoast Transmission t o International utilities was up 1J to Petrofina A to Cominco to Pacific Pete i to li and Home A s to MONTREAL CP Most sectors strengthened modestly in light trading on the Montreal stock market Industrials were up to utilities to banks to the compos ite 33 to 176 18 while papers eased to By 11 shares changed International Utilities was up to Cominco lo Petrofina Canada to In ternational Nickel to Dofasco Vi to Massey Ferguson to Gulf Oil Canada Vt to Moore Corp Vt to Husky Oil Vt to Bank of Montreal was off Ta to Velcro Industries to Rio Algom Vz to NEW YORK AP The Dow Jones industrial average flirted with the a point reached last in as stock prices advanced sharply today in active The Dow Jones average of 30 industrials was up to at Among C a n a d i a n s on the Canadian Pacific gained to Distillers Seagrams was ahead at Interna tional Nickel was up at and Alcan was up at Genstar was off at On the Scurry Rainbow Oil was up at while up were Molybdenite Canada at and Preston at Wheat Board appointments announced WINNIPEG CP assistant chief commis sioner of the Canadian Wheat Board since was appoint ed chief commissioner Thurs The appointment was made b y Otto minister i n charge of the wheat and made public by the board in Vogel succeeds McNamara who was appointed to the Senate late last a commis sioner since was named assistant chief commissioner and a marketing co was appointed Dividends By THE CANADIAN PRESS Aluminum of Canada four per cent 25 June record May 7 4 per cent 2nd 57 May record May Loblaw Groceterias 1st 372 cents 2nd both March record Loblaw pfd 60 March record ADMISSIONS OFFICER Required Immediately by GRANT MacEWAN COMMUNITY COLLEGE This newly established College commences classes on a trisemester basis in September The Admissions Officer will assist in the formula tion of admissions criteria and systems and implement them as College He will determine the admissibility of all applicants for enrolment in the College and present admission information to other Divisions of the College in acceptable The successful candidate will bp an efficient and accurate record have some data processing j knowledge and an aptitude for interviewing 1 Salary commensurate with exper ience and Apply with full resume by March 1971 to The Director of Student File Grant MacEwan Community 20010355 Jasper Grain prices Winnipeg Grain WINNIPEG CP Moder ate strength developed in flax at midsession on the Winnipeg Grain Exchange today on ex porter buying and light hedge Gams were fractional but were maintained in all Action in Thunder Bay and Vancouver rapeseed and most rapeseed futures were on a slightly easier pat Oats and barley were and all rye futures were Thursdays volume of trad ing was bushels of of rapeseed and of Midsession prices Flax May higher July s higher higher 2573s higner Rapeseed Vancouver March 2 higher May low er iiB July lower unchanged Rapeseed Thunder Bay April M higher 2 A June Ha higher un changed not Oats May li higher July unchanged and not Barley Mav Ye lower and not Rye May unchanged B July higher unchanged not Prices for Class Two wheat Thursday for export to coun tries outside IGA 1 Nor 1 8034 2 3 4 1 Durum 2 3 4 IGA prices 1 Nor 2 3 4 1 Durum 2 3 4 Grain quotes Thursday basis High Low Close Flax May 254s 254 Jly 2533ij 252s Oct 257 256 256 Nov 2St Rapeseed Vancouver Mar SlHi 209 311Va May 290ya 2913i Jly 275 273 275 eP 254 Hapcseefl Thunder Bay Apr 289 2OT 287V4 Jun 27MJ 274i 276 Oct 256 Dec 254 Oats May 85 Jly 85 Oct 85 Dec 85 Barley May 131 Jly 128 Dct 122V4 Dec 124 Rye May 114 113 113 Jly 107i 1074 107 Oct 108A Dec 113 Tight money continues in Britain LONDON AP The British government decided Thursday to continue its Lightmoney pol icy and maintained the Bank of Englands lending rate at seven per the second highest in Western The pound which had been back ing off during the im mediately jumped four points in relation to the to The Bank of Englands dis count which sets the level for all lending in is nor nally fixed by the government on It has stood at seven per cent since Britains high rates have at racted a flood of speculative hot money from abroad which has swollen the Bank of Englands reserves of foreign currency to their highest point in 20 Hog prices EDMONTON CP Prices o 11 today provided by he Alberta Hog Producers Marketing Board Edmonton Quoted and sell ng 2175 Average Thursday Red Deer No market Aver age Thursday Calgary Quoted and selling Average Thursday Lethbridgc No Av rage Thursday 22 Lloydminster No Average Thursday Total hogs sold to 11 j Sows selling I Total hogs sold average Dollar value NEW YORK dollar up 764 at 99 916 in terms of Pound sterling up 361 at MONTREAL CP dol lar in terms of Canadian funds down Vs lo Pound sterling down i to 1 Miscellaneous Supplied by and McCuaig LAST BID OR 1100 OtQfest tijcieic WESTERN OILS Hud Bay Co 1712W Airr Gr F 5 35 5 Ata East Gas 4 70 Hud Bay 25 Corp Invest 5 w 5 95 Almlnex 610 Hud Bay Pfd 57 50 Corp In S F 4 86 5 31 Asamera 1825 Hugh 2250 Dreyfus F 15 M 13 24 3P Oil CBS 635 Husky Gr Equity 597 656 Can South Husky Pfd 44 00 Gr In Shares 3 37 3 71 Cdn Ex Gas 5 10 Husky SS5 6r 103 Ashland 11 75 inter mji Invest Mutual 521 513 Cdn Homestd 920 intl Utl Mutual Ac 519 570 Cdn Home Pfd 1500 inter Mutual Gr F 50 5 Cdn Ind Gas Oil 11 62V 11 M N W Fin 435 478 Cdn Long is 73 N W Gr 5 U 5 78 Cdn Super 38 50 Kaiser United Ac 4 68 i 14 Cen Del Hlo 13 62Va Kam Universal Sav 780 Charter L Ont 2 VANCOUVER Chleftan 190 Dome Pete 90 00 Arctic Mining Dynamic Pete l 10 Atlas Explcr Tolal Pete 7 50 pacific Beth Copper t1 621 1 Gt Plains Rank Block Brcs 4 10 Lochiei seik Mill City l 75 shell S Sugar 18 CO New Cent 83 shell Inv P North Cdn Oil shell Inv 5 Numac 7 75 sicks Ra Churchill opper 100 iS IbSVL Pondlr0 in Dolly Varden 35 Ranger 1375 Barons Fort8 Vel lance 3 Spooner 1 85 plains Granlsle 10 CO iiti i West 39 Key lndust 57 Growers B 3 o INDUSTRIALS Bathursl 1 lo Agra 725 STOCKS Hys 2 Atco Ind 875 Gas L A Interior Brew 4 7S J Alla Gas 72 00 Jericho Brit Nfld 2 j Alia Nat Gas 2350 kamloops Copper 10 Cdn Brew A 3050 cdrl w Hat Gas IS 75 Lornex Cdn B 3400 1275 Lyiton Minerals 2 Ot Cdn Hydro Car 16 Wh n and New Cronln oa Cdn Pacltlc Inv 2525 N and C 3037Va Naw Imp Mines 131 CPR Pfd 975 Gai Okanagan Hellcop 4 30 Crowsnest Ind 27 00 Gas A Primer Ifi Cygnus A 5 50 Tr Cdn Pyramid 33 Cygnus B Tr Cdn 4250 Silver Standard 1 50 Cum Prop 1600 Tr Cdn A 62 25 Texmont Gt Cdn Oil S 5 75 Tr Cdn 1000 Troian 20 Gt Cdn Oil 675 10000 Western Mines 3 20 Home A 27 00 Western i SO Westcoast Res Home B FUNDS Western Exolor 26 Home Pltfld 205 AGF Specal Utlca Toronto Supplied by Richardson Securities of LAST BID OR Quotes Quotes MINES New Calumet 14 Dom Stores Acme New 1 o Dome Pete 90 00 25 Dofaseo 24 75 Advocate 2 jQ Fam Play 950 Akaltcho Pd of Amer 5600 Area Mines 1 55 Gt Cdn Oil 5 BO Black Bay 00 Gen Motors 82 00 Bralorne 2 40 PIne Gt Lakes Pap la 75 Broulan placer Gulf Oil Cda 21 Bethlehem 4 50 Pc 03 Greyhound 14 25 Brunswick 5 30 Quebec Hawker Sid 2 40 Canada Tung 2 43 Rayrock Cassiar 2d Erie 2050 36 Hiram Walk 38 12V Central Pat 230 Rio Chimo 1 45 Roman 720 Irnpenail Tob 1675 Conwesf Rambler ShernU 1800 J Coin Lake Silver Jj tl w Cochenour 40 Steep Cralgmont 8 25 75 Jndust Accept 17 Dickenson Mines 1 do Tek LQUrenlide 7 25 Kelly Doug A 5 25 Demson Mines 29 00 Lceb 3 90 Deer Horn Upper 2 02 Lotlaw A 4 90 DEldona 85 Western 3 20 Metro Stores 35 50 Dome Mines 6525 Wright 53 Massey Ferg Donalda McMillan Bloft 2612V2 Discovery Mines 1 00 Moore Corp 3500 East Malartic 1 10 Molsons A East Sullivan 340 Molsons B 1637V3 Falconbrldge 13525 Cent 153714 Frobex 27 Pembina PP 25 50 First Power Corp Giant 9 BO Afco Price Co 825 Bovis Allan Rothmsns 11 75 Granduc 6 60 St Law Corp 1900 Headway R 1050 Shell CDA 3450 Hollinger 3700 00 Simpsons 18 87Vi Hudson Bay MS 21 50 simp Sears 2325 Hydra 00 Steel if Can Highland Bell 315 00 Selkirk A n 00 Iron Bay 3 55 7 j Texaco 30 00 Iso y 76 Cdn 75 Traders Go A 10 87A Jnllpf OiiohPr 91 Chcmceit 500 Trans Mtn Pp 22 62 W Kerr Addlson 9SS Cellulose Trans Can Pp 3125 Kev AMCM T Cal Power Union Gas 15I3A Labrador 3fS Coronaiion Credit Union Oil 4200 m C W N Gas 12 Versatile Mfa 3 Lake Shore 3 20 Cdn Westeel g 19tA iHftnt 10 Canada s S 3025 Unioncar 15 65 Madsln PL MarCCmi 3 70 Wesdn3 B 1962 r P Woodwards A Malartic G CPR Alartin McNeely 9 50 West Cdn Sd 3 75 21 tvh Zenith Elec Maybrun Cons BANKS Macintyra 13600 Cons Can Imperial 21 75 Mela Montreal 14 Midnm Dom Nova Scotia 23 Intern Mogul Roval 9j New Athona Dom Textile 1525 Torbom 22 New York Supplied by Securities of Amr T and T Montgomery Ward 3500 20 Golds 165 a J off Anaconda 20 37Va 62ft 10 Base Met 91 61 up 21 ath Steel Std Oil 7800 15 W Oils un Chrysler Texas Gulf 120 Volume Dupont Z Woolworth 30 lndust 69773 up Gulf 31 87 Steel 15 Utilities Int Harvester 65 Stocks 29627 un 213 Kenn Copper 3500 20 IndUSt Up Volume Leth bridge cattle sold in line with dosing prices AFTERNOON slaughter steers 31 good 30 to medium Calgary to Good heifers 28 to medium 26 25 to CALGARY CP On cows 20 25 to medium 19 to canners and cutters 17 to 11 about 550 Good bulls 24 to mostly replacement cattle and Trade was cattle met a good demand at prices 50 cents than midweek School calves were mostly in the heavier weight range selling barely closing feeder steers more than 750 pounds 30 to less than change pounds to Good feeder heifers 28 to depending on Good stock steer EDMONTON 36 to good stock hater calves 31 to Good butch berta Teachers weight calves sold steady 31 Thursday termed as vised and objectionable11 base price 22 65 Edmonton public boards decision to school opening and closing dates while contract Highlanders tions are m an ATA celebrate said city teachers objecting to the dates CP The 48th but feel they should be of Canada will their 80th anniver Until a new agreement during the last week in it will be with the highlight being a that school will open military tattoo at and close June as it Leaf Gardens May 28 ently is in the and a former a revision in the officer of agreement can alter said the Highlanders Connors expecting representation The board earlier across Uiat school would close June this year and reopen earnings for the 197172 The THE CANADIAN TRESS closing date will be June yenr ended The board said the idea is 31 two open on a Monday and a share on a Friday each WEDDING PRAYER Prime Minister Pierre Elliot Trudeou bows his head in prayer with his the former Margaret Sinclair a sthey were wed in North Van B Exclusive wedding photos were provided by Vancouver photographer Fred No support for Laos drive Woman causes stir i OTTAWA CP Cteir Cu hane of Monueal caused only minor stir in the Common i Thursday htln she arose froi j her scat m the gallery anc i called for an end to Canadia in the Vietnam While the question period cojn security guards easfl snipped a luilfmth chrom chain that bound Culhan to her seat and hustled her to basement She was questioned there for tuo hours and then release She said she expects to b charged with disturbing th peace later this New Democrat Leader Douglas was questioning F nance Minister Benso when Culhane began shou ing from her seat m the Liber gallery and throwing leaflets t She had been admitte there with a Mari Taylor of after the shotted a card signed by Jea Richaid In a voice barely heard abov the proceedings of the Hous addressing he self to Speaker Lucien Lamoi said Why build hospitals in Vie nam while suppljmg bombs t the A A similar occurrence la year by women protesting Car adas abortion laws had force the Commons to adjourn brieflj WASHINGTON AP Presi dent Nixon says the Laotian op eration ensures continuation of troop withdrawals from In but adds there are no plans for American support of an invasion of North In a news confer ence Thursday Nixon said a force must remain in the South as long as the North holds American The Indochina war dominated the halfhour news session de voted to fcreign troop withdrawals have been averaging roughly a month since Nixon began reduc ing the force in Our troopwithdrawal sched uled will go forward at least at the present Nixon Nixon said Creighton commander in reported the South Vi etnamese units in Laos already have cut North Vietnamese southbound track traffic by 55 per which means that those trucks that do not go South will not carry the arms and the men that will be killing The aim of the Cambodian and Laotian operations had been to reduce forces and casualties and that is exactly what this administration has Nixon portrayed talk by South Vietnamese President Nguyen Van Thieu of possibly invading North Vietnam as natural for the leader of a country under But he drew limits on what the United States might We will have no ground forces in North in Cambodia or in Laos outside of rescuers for flyers or Nixon He said air power will be used against mili tary targets where increased in filtration endangers remaining U Nixon again steered clear of a deadline when all troops will be out of UN works 011 Mideast compromise From APReuter UNITED NATIONS CP The Big Four UN delegates are reported to have reached con siderable agreement on terms of a communique they hope will revhe the ArabIsraeli peace talks and prolong the Middle East due to expire But after a 2hour meeting at the Soviet mission a number of points of differ ence a Western source Indicating the urgency of their the abassadors of the United France and the Soviet Union scheduled another meeting today It is the first time four delegates have met two days in a row in two years of sessions on the Middle East Informed sources still pressed hope that the Big Four could issue their communique ifter todays session But they conceded that a compromise may not be worked out in time to give the Egyptian govern ment the Big Four backing it has requested if it is to extern the Egyptian and Syrian troops were reported on maximum alert as the ceasefire deadline No similar alert was reported from Jordan where government sources said they behoved the ceasefire would be From Cairo Reuters correspondent John Cliadwick reported that Egypt si ill looked to the United Nations or 111 Big Four powers to pave the Middle East peace but the gen eral mood there is one of grow ing New plant is opened on reserve CALGARY CP The Al berta Panel Building to day will open a new plant on the Sarcee Indian Reserve with prefabricated cottages and garages expected to roll off production hies at tbs rate of one complete unit a The venture is the result of a deal between the city firm and the Sarcee rather than federal government sub sidies used previously to en courage companies to locate on Indian Ross Alberta Panel sales said the federal Manpower agency financed the training of 10 while the band council concluded the transaction on land and build A work force of 17 persons will assemble prefabricated units on the west of Beef futures WINNIPEG CP Th Winnipeg live beef futures ma ket had light trading Thurscla with some bids at 20 to points above previous and buyers in May and Jul There were eight trades We Open High Low Clos Mar May 32 00 Jlv CPRail Marketing Sales Appointment Martin W D Regional Man Marketing CP an nounces the appointment of N Morns Martin as Man agerMarket Development effective Martins headquarters will be in Vancouver and he will have jurisdiction of all Industrial and Marketing De velopments for the Pacific Mr Martin graduated fmm the University of with a Comm Transportation and a in Transport ation Since that time he has had extensive experience in the Research Branches of two railroads as well as the Government of FRED KING MOTOR COMPANY APPOINTMENTS Ken KINNELL Peter BRAUN In keeping with our policy lo provide he best of Automolivn i Service and Sales to our we are pleased to announco the following appointments K B Ken Kmnell assumes I the position of Parts Kmnell has 26 years of I Automotive experience lo his I 6 years as an Assistant Parts Manaqer and 9 years as Parts manager He is a liftlong resident of Lethbridqe and re ceived his education in this Kilned is a past mem ber of the Lethbridqo Junior Chamber of and was active for sevrral ycari m the little leaquc Baseball Organi7ation He is married and has two P Peter Braun assume the position of Wholesale Parts Sales Representative Mr Braun has 18 years experience in the Automotive Hi experience includes purchasing agent for a large agriculture ports sales and man end a member of the Auto Soles Club Peter has been a resident o Lethbndqe since having previously in Taber ant Vauxlicll Ho has been affil iated in the past witi the Lions Club Boy Scouts of Navy Leaque of a d tno Chamber of Ho is married and is the fathrr of three boys ;