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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 17, 1971, Lethbridge, Alberta 26 IHH lETHMtlOGt HERALD Wednesday Match 1771 Stock prices mixed TORONTO CP Prices on the Toronto stock market were to fractionally lower in heavy raidmorning trading On industrials lost to 183 27 and western oils to Golds were up to and base metals to Volume hy 11 was million up from at the same time Weakest sectors were food pipelines and com munication and chemical issues were fractionally Gains outnumbered losses 159 to 110 with 180 issues un Chrysler dropped KH to Oshawa A to CPR to Texas Gulf Sulphur to International Utilities i to Canadian Imperial Bank i to Great Plains la to 34li and Demson Aquitame climbed j to Gieat West Life to Thomson Newspapers to Canadian Vestingliouse rose a to Sherritt to Hud son Bay Mining i M and Patmo 10 TJTIUTIKS ll MONTREAL CP Utilities continued to climb today as puces in all other sectors de clined in light trading on the Montreal stock Utilities rose to a now high for Industrials dropped lo banks to composite to and papers to By 11 a shares were Hollinger was up to Aquitaine z to Southam Beef futures WINNIPEG CP Tne Winnipeg live beef futures had active trading Tuesday at cur rent levels to 10 points Open High Low Close Mar 3300 May 32 00 32 00 Jly 3110 to Montreal Trust to Dominion Bridge 3i to ami Great Lakes Paper 3s to International Utilities dropped a to Great West Life 2 to Calgary Power to Denison Mines vto 28 and Shell Canada to PRICES LOWER NEW YORK AP Stock market prices were sharply lower early this though some of their earlier downward momentum appeared Trading was fairly ac At noon the Dow Jones aver age of 30 industrial stocks was off at only fraction ally lower than an hour Among Dome Mines gained 2i to Mc Intyre Porcupine to Distillers Seagrams and Genstar s to 55i to Granby Mining was off IVt at Canadian Pacific at G6 and Alcan J4 to On the American Stock Ex Scurry Hainbow was up at Oil Canadas trade surplus booms OTTAWA CP Canadas booming million suiplus in as international balance of payments last year was accom panied by a sharply reduced in flow of foreign the Do minion Bureau of Statistics re ported Hog prices EDMONTON CP Prices to 11 provided by the Al berta hog producers marketing board Edmonton quoted to selling average Tuesday Calgary quoted to 20 selling Average Tuesday Red Deer quoted to selling Average Tuesday Lethbridge quoted and sell ing Average Tuesday Average Tuesday Total hogs sold Hogs sold Tuesday provincial av erage Sows The 1970 surplus in Canadas other coun tries in goods and senices com pared wiih a deficit of 5751 mil lion in and it was the first surplus chalked up since The bureau said that taking seasonal conditions into ac the surplus was particu larly strong in the first and final quarters of the after a slump in the second and third threemonth While the United States con tinued to he the main investor in foreigncontrolled enterprises ii there was a sharp increase in investment from Western which more han doubled its 1969 and accounted for about one fifth of 1970s The bureau gave this picture of Canadas international pay Potato futures WINNIPEG CP The Maritime potato futures mar ket was inactive Tuesday with some offers but no Open High Low Apr May Nov Close Livestock report Lethbrdge Livestock Supplied by Canada Department of Agriculture On offer to 210 Receipts mostly slaughter cattle market Good and choice butcher steers meeting very good prices strong lo 25 cents grade and yieH Odd sales to 32 mcditiir grades 25 to 50 cents Good to low choice butcher heifers scarce and selling No good cows on hulk 50 cents Medium and good heavy feeder steers meeting keen prices 25 to 50 cents Choice steers to The Lethbridge Branch of the Consumers Association of Canada Will Hold a MEETING 188 Gas Company Auditorium FORM AN ACTION GROUP All Members Are Requested To Attend good to medium 29 to Lou choice heifers 29 to good to Covte medium to cutters 15 to Good bulls 24 to Good heavy feeder steers over 950 31 to medium to Bctcher hogs sold Wednesday FOB Lethbridge 2055 base Calgary Livestock CALGARY CP On offer to 11 about head mostly good and choice slaugh ter Trade was active with the balance of slaughter cattle offered mostly mixed grades of heifers and Slaughter steers were heifers were steady with sales to cows were fully steady and bulls were 50 cents Choice slaughter steers to good to medium to choice heifers to good 28 to medium 26 25 to Good cows to medium to canners and cut ters to Good bulls to Replacement cattle were mostly fleshy steers sell ing at steady Insuffic ient stock or slaughter calves offered to establish a Good feeder steers more than 750 pounds 30 to 32 Hogs base price to Lambs sold lower Tuesday with good kinds ot Southern Alberta Livestock Marketing OPEN 24 HOURS TO RECEIVE YOUR IIVESTOCK Consign All Your Livestock To The Coop There are five packer buyers on our public so you the producer should consign your cattle to your Coop and give them all a chance to bid on your right here in our sale SALES EVERY NOT JUST ONCE A WEEK Feeder Hog Sales Mondays 1 oclock Cattle Sales starting 10 WE ARE ALSO HOG ASSEMBLERS FOR THE ALBERTA HOG BOARD CONSIGN ALL YOUR HOGS TO THE COOP If you are in need of feeder phone we will be glad to fill your order to your Grain prices Winnipeg Grain WINNIPEG CP A Uni ted States government report clop estimates for the coni ng year apparently affected the market today at the open on the Winnipeg Grain Ex The report predicted a percent drop in the flax crop next year and flax futures moved to higher price patterns on the Winnipeg Of lers were light in all commodi At the open flax was to 1 May rapeseed Vancouver 1 higher in May at rapeseed Thunder Bay Vz higher in December at oats 196 lower in May at 84 and rye one lower in May at Opening prices Flax May 1 higher Julv Ts higher 14 higher 1 higher Rapeseed Vancouver March not open Mav 1 higher 2 94 July and not Rapeseed Thunder Bay June and not open J2 hicher Oats May lvs lower 84 and not open Barley and not Rye May 1 lower and not Prices Tuesday for class two wheat for export to countries outside IGA 1 Nor 3 4 3 Durum 2 3 167 4 IGA prices 1 Nor 3 4 1 Durum 2 3 4 Grain quotes Tuesday basis High Low Close Flax May 2523i 253 Jly 25512 253 253 Nov 254 Rapeseed Vancouver Mar 315 310 313 May 907S 293 Jly 287 2W Sep 275 272 Rapeseed Thunder Bay ments position exports rose to million from million m and imports declined to mil lion from This left a merchandise trade surplus in Canadas favor of million last com pared with one of million in But Canada again ran a defi cit on nonmerchandise trade in such things as and travel This cut the commodity trade balance to the net surplus of million in Canadas bal ance of international payments for last The bureau earlier reported a preliminary balance of nay ments surplus of Tuesdays report gave more de finitive figures and greater de tail on capital There was an influx of million in longterm capital into Canada in but this was cut last year to Can adas outflow of shortterm cap tal was only million last compared with mil lion in DBS said a major factor in he decline was sharp cutbacks in the amount of new Canadian investments sold to nonresi With a gradual easing of monetary conditions in especially in the latter part of the and in response to of ficial requests to limit their is sues Canadian borrow ers obtained a far greater pro portion of their funded debt re quirements domestically in 1970 than in the bureau The long slock market uncertainty about tax law revi growing public debate about foreign investment in and a narrowing of the spread between Canadian and foreign interest rates also con tributed to the sale of Canadian investments Foreign direct investment in Canadian enterprises grew nar rowly to S760 million for the from million in About 70 per cent of the foreian investment came from the United with the growing importance of European invest About 35 per cent of the for eign investment went into Cana dian There was a sharp increase in foreign in vestment in expanded pulp and paper manufacturing Toronto industrials Supplied by Richardson Securities of Canada LAST BID OR SALE Quotes fi Qujie Quotes MINES Acme Advocate Akaltcho Area Mines Black Bay Bralorne Broulan Bethlehem Brunswick Canada Tung Cassiar Central Pat Chlmo Ccnwest Cons Rambler Coin Lake Ccchenour Dickenson Mines Deniscn Mines Deer Horn DEldcna Dome Mines Dona Ida Discovery Mines East Malarnc East Sullivan Falconbridge Frobex First Mariilmes Giant Y Bovis Granduc Headway R Hollinger Hudson Bay MS Hydra Highland Bell Iron Bay tso Jolite Quebec Kerr Addlson Key Anacon Labrador Lake Shore Leitch Langls Silver Madsen R Martin McHeely Maybrun Meta Midrim Intern Mogul New Athona New Calumet New imperial Noranda Northgate 259 6700 1 1 05 370 146 00 37 1 26 775 245 810 1000 3B25 2375 365 3 55 2250 2975 3375 19 s 1 90 1 76 655 75 1 E5 390 1 20 115 Stores Dome Pete Dofasto Players Ford of Amerl Great Cdn Oil Gen Motors I akes Gulf Oil Cda Greyhounc Huron and Erie Hiram Walker Imperial Oil imp Tobacco Nsckel Pipe nv Grcuo Int Utilities I creep jglas life Br INDUSTRIAL 1 49 3500 990 Algoma Steel Atco Ind Atlantic Sugar Bell Brazilian B Burns Forest B C Sugar CAE Ind Cdn Breweries Chemcell Cellulose Calgary Power Coronation C W Gas Cdn Indus 2 Marconi VicKers Chrysler Comlnco Cons Bathurst Gas Oist Seagrams Dom Bridge Comtar Textile id Cent Pipe 700 t 2J 12i r 15E7V3 800 1 7 50 4875 1725 6450 12 00 2400 IS 25 t tO J BO 575 2750 I ft II 75 1300 3025 350 1035 29 12 6725 9 62Vi BANKS 19 SO Imperial 54 00 Montreal 22 50 Nova Scotia U Royal 15 122 ToronfoDom Pipe 2525 950 5900 6 10 8400 51 75 250 7050 45 8 4400 1775 525 4 15 5 3711 3BOO 10 87V2 3SOD 1700 3025 435 1275 34 62W 2425 28 DO 1200 3050 24 3325 1562W 4200 150 MOO 15 2200 15 12Vi 2375 2475 2300 Miscellaneous quotations Montreal by Koadhouse and McCuaig LAST BID OR SALE a WESTERN OILS Ata East Gas 5 1 Almlnex Asamera BP Oi Gas Can South Cdn Ex Gas Ashland Cdn Komestd Cdn Home Pfd Quotes 7tt 455 530 460 a 20 1500 Cdn tnd Gas 01 11 Corp In St F 5W Dreyfus F 4500 Gr Equity 610 470 850 Gr ln shares HWa Invest Gr 90 invest Mutual 4871j Mutual Ac Cdn Long Is Cdn Super Cen Del Rio Chertcr Chleftan Dome Pete Dynamic Pete Total Pete Gt Plains Lochlel Mill City New Cont North Cdn Oil Numac Permo Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Spooner Decalta Agra Ind Atco Ind Aqiatlrne Brit Nfld Cdn Brew A Cdn Brew B Cdn Hydro Car Cdn Pacific Inv CPR Pfd Crowsneit Ind Cygnus A Cygnus B Cum Prop Gt Cdn Oil S Gt Cdn 011 675 Home A Home B Home Plifld Hud Bay Co Hud Bay Oil 3450 1275 A 50 3425 105 700 34 6213 1 30 1 61 72 7EO 750 66 1 36 76 1 36 58 1375 2612j 1 79 635 800 800 5J 50 525 31 00 1725 25 937j 500 1675 10300 26 12Va 2625 205 1775 4200 1 32 Nat Res N W Fin 205 N W Gr 1 05 Principal Gr 5 75 Royf und 30 WUnited Ac 1975 1200 3453 3450 1450 377 536 5 56 535 588 7J3 45 504 546 600 421 462 556 574 4 S3 727 Universal Sav Temp Gr VANCOUVER Mining 13 Hush Russell 21 00 HwkY S Cmnw Lev Husky Oil B w i vt A ru Husky Oil War Inter Prov Plpt Intl Util Pfd Inter Steel Pip Jefferson Lake Joutel Kaiser Kam Kotla L Onf Perl Cem 2 55 MGF Manage Mentor Newconex Pacific Pete Rank Org Selk Hold Shell Can Shell Inv Pfd Shell Inv Wts SicK Rainier West Cdn Seed White Yukon CALGARY Ace oil Ana Pete Barons Oil North Cont Plains Pete West Warner Madison Crestbrook F Ind Rexdale 20 PIPELINE STOCKS Alta Gas Tr L A 5025 Alta Gas Tr L Pfd 74 00 Alta Nat Gas 2500 Cdn W Nat Gas 1700 Inland Nat Gas N and C 16S72 N and C B Pfd 31 Pacific Gas Tr 1450 Gaz Metro 4 80 Gas Metro Pfd A 63 Tr Cdn pipe 33 CO Tr Cdn P Pfd 42 50 Tr Cda P Pfd A 62 00 P War dkanagan Heltcop 4 i ic Primer Anuk Arctic Atlas Beth copper Block Bros Brenda Sugar B C Sugar P Capt Inter Churchill Copper 39 Col Cellulose Coronation Credit Crestbrook F Croyden Dynasty For Reliance Giant Mascot Granlsle Key Indus Growers B Bath Norse Brew Kami oops Copper Lornex Lytton Minerals New Cronfn New Imp Mines 17 C3 445 915 1355 1550 465 350 115 2 IS 490 1 4B Hud Bay Oil Pfd 5712A Cdn Western Pacific 4 75 MUTUAL FUNDS AGF Special 2 73 Texmont All Cdn Com 8 69 Trojan All Cdn Divld 9 06 Western Mines All Cdn Vent 3 56 Westcoast Res Gr F 614 Western Explor Invest F 4 53 4 97 Utica 37 165 New York stocks Supplied by Securities of Canadt Amr T and T Anaconda Bth Steel Comsat Dupont GM Gulf Int Harvester Kenn Copper 45 Montgomery Ward Sears W 53 Std Oil of 7775 Texas Gulf 12075 7075 Texas Co 140 75 Woolwortli 20 Golds up 647 10 Base Met 96 33 up 43 15 W Oils 207 29 Up 51 Volume NEW YORK AVERAGES 51 75 30 Indust off 548 24 00 WestmghoJSe Eec 81 20 Rails 202 77 off 1 4 30B714 Steel 3275 15 Utilities 12343 off 54 TORONTO AVERAGES 65 Stocks cff 1 83 20 Indus 18331 off 25 Volume LETHBRIDGE COMMUNITY COLLEGE invites applications for the position of Acting Director of Personnel SCOPE from the date of appointment for a period of one for the administration of sound personnel practices in job classification the interpretation of policies and maintaining employee records for faculty and communicating and other personnel EDUCATION AND EXPERIENCE Preference will be given to applicants with a degree in business administration or five to eight years experience in personnel work in public or private EXPECTED APPOINTMIN TDATE On or before May SALARY Commensurate with qualifications and APPLICATIONS Interested persons should apply for the standard Application for Employment form to DIRECTOR OF PERSONNEL LETHBRIDGE COMMUNITY COLLEGE ALBERTA CLOSING DATE March 272 Apr Jun Oct Dec 263 Oats May Jly Oct Dec Barley May 1327k Jly Oct Dec Rye May Jly Oct Dec llSi IOJ4 1093 291 287 269 259 132 115s 108 108s 292 290 270 261 85 84 85 85 132s 130 122 122 115 109s 109 110 HAY AGENCIES APPOINTMENT JOE DEAK MANAGER On Offer For March 150 STOCK COWS if 200 HEIFERS and CALVES Your Coop is here to serve producer Give us a tryl SOUTHERN ALBERTA LIVESTOCK MARKETING HIGHWAY 3LETHBRIDGE PUBLIC STOCKYARDS 3274010 Office Phones 3272328 MEL HEPPLER HAY AGENCIES ITD Coilegt Alberta is plemrd In ihnt Mel Hpppler joined the Resi dential and Commercial De partment as a Consul ufiJ hm wilh Herjp1 and Gifl She wel ths opportunity to assist the uublk with the hasc or snle of Real Estate i he Lefhbndqe area ISSUE OF NONCALLABLE GOVERNMENT OF CANADA BONDS DATED APRIL Bank of Canada is authorized by the Minister of Finance to receive subscriptions for a to be issued for cash as follows year 5 bonds due April Issue price Yielding lo mafnrity Interest payable October 1 and April I Denominations and and year 6 month 51 lionds due October Issue price Yielding o maturity Interest payable October t and April I Denominations ami and year bonds due April Issue price Yielding about to maturity Interest pa able October 1 and April 1 Denomination and Bank ol Canada has agreed lo a minimum of the new as to Proceeds of the will ti used to ledeem of Government of i maturing April and for general purposes of the Government of The new bonds will he dated April and will hear interest from that Principal and inlircst are in law ful money of Principal is payable at any Agency of Bank of Interest is pajablc any branch ia Canada oC any chartered bank without Definitive bonds will bo on April and thereafter in two forms bearer form with coupons attached and fully registered form with interest payable by Bonds of both forms will be in the same denominations and fully interchangeable as to denomination form Hiihout clnrge subject to Government transfer requirements where Ihe new pursuant to an Act of the Parliament of Canada and both principal and interest sic a charge the Consolidated Revenue Fund ot Applicationsfor tlic new may ne snhjcct lo through any investment dealer eligible to act as a primary distributor or through any bank in ;