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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 19, 1971, Lethbridge, Alberta March 1971 THt IETHHICSI HRAID 23 Stronger trend continues today TORONTO CP Prices on the Toronto stock market were up fractionally in active mid morning trading On industrials rose to and western oils to Golds lost to and base metals to Volume by 11 was down from at the same time Gains outnumbered losses 140 to 96 with 205 issues Strongest sectors were oil re fining and Twelve of the exchanges 17 subgroups were Among advancing Al goma Steel was up 5s to KelseyHayes to Falcon bridge to Hudsons Bay Oil and Gas to Home A to and Nor anda li to Sherritt climbed to Madeline 10 cents to Chemaloy 10 cents to BP Oil and Gas 15 cents to Total Pete 10 cents to and Alminex five cents to Chrysler lost to Bett lehem to Northgate 10 cents to Canadian Export Gas 15 cents to and Pan PAPERS LAG MONTREAL CP Papers lagged behind as prices went up in all other sectors in light trad ing on the Montreal stock mar ket On industrials were up to utilities to banks to com posite to Papers dropped to By shares were Highlighting Royal Trust gained to Acres V2 to Hudsons Bay Oil Va to Noranda to Interprovincial Pipe Line Vt to Royal Bank 14 to QSP to and Impe rial Oil Vi to Among declining Ja maica Public Service dropped JOINS BENYS SALES STAFF DONAT Dcnl DEMERS Ecny Cr wish to announce the recent ad dition fo their sales staff of Don Don is a native son of and educated He recently spent four years in the retail soles field in A mar ried man with 2 Don is a member of the end an ardent He wel comes his many friends and acquaintances to see him at Benys for their motoring He will be very pleased to as sist to Seagrams to Consolidated Bathurst a to Rio Algom Vt to Consolidated Textiles Vt to Canada Steamship Lines Vt to and CPR Vt to STRONGER TREND NEW YORK AP Stock market prices remained slightly lower early this afternoon in what brokers described as a rel atively lacklustre Trad ing was The Dow Jones average of 30 industrials at noon was off at Among C a n a d i a n s on the Canadian Pacific was ahead at and Dome Mines gained Vt to Mc Intyre Porcupine was down 1 at and MasseyFerguson was off Vt at Hog producers wire Trudeau EDMONTON CP A con ference of hog producer orga nizations from Sas katchewan and Manitoba will be held next week in Saskatoon to discuss proposed federal legislation on the marketing of agricultural Sten chairman of the Alberta hog producers market ing said a preliminary poll indicates a strong majority of opinion to have hogs and pork exempted from the feder al legislation which now is re ceiving clause by clause study in the The Alberta in a tele gram to Prime Minister Tru deau asked that he use his influence to stop the movement of the bill in the Commons until a reliable con sensus is obtained by hog pro ducers in western Canada and thus prevent further deteriora tion in Canadian Hog prices EDMONTON CP Prices to 11 provided by the Al berta hog producers marketing board Edmonton no Thurs day average Red Deer no Thurs day average Calgary no Thursday average Lethbridge no Thurs day average Lloydminster no Thursday average Total hogs sold Thursday Provincial average Sows at all points Dollar Value MONTREAL CP dol lar in terms of Canadian funds was up Vs at Pound sterling was up 14 at Grain prices I Miscellaneous quotations foolish 1 on power agreement Winnipeg Grain WINNIPEG CP Trading was fairly active in oilseeds at midsession on the Winnipeg Grain Exchange Prices were generally fine to stronger in the nearby fu tures bin weaker in others on some exporter buying and thin hedge Exporter shortcoverings pushed the March Vancouver five cents above previous close Oats and barley had a light domestic shipper buying for eastern Rye was steady to fractionally stronger on good exporter Over night confirmation was re ceived of the sale of bushels of rye to Thursdays volume of trade was bushels of of rapeseed and of Midsession prices Flax May t higher July Vs lower un changed lower Rapeseed Vancouver March 5 higher 3 May higher July 1 higher Hi lower Rapeseed Thunder Bay April Hs higter June Vz higher lower lower Oats May unchanged July lower un changed not Barley May Vt higher July not unchanged unchanged Rye May unchanged July higher Vs higher unchanged Rye May higher July higher fa higher unchanged Prices for class two wheat for export to countries outside IGA 1 Nor 2 3 174k 4 1 Durum s 2 3 4 IGA prices 1 Nor 2 3 4 1 Dur um 2 3 4 1 WINNIPEG CP Grain quotes Thursday basis Lake High Flax May 254 Jly 253 Oct 256 Nov 25514 Low Close 234 233 256 255 254 253 256 25514 Rapeseed Vancouver Mar 320 315 320 May 297 292 297 Jly 290 285 289 Sep 279 27614 279 Rapeseed Thunder Bay Apr 297 Jun 294 Oct 282 Dec 266 Oats May Jly Oct Dec Barley May 131i Jly Oct Dec 293 285 269 261 101 Ma Jly I Oct Dec Hje 114ls 10838 108i 297 294 282 266 131 1291i 12214 12212 114 109 110 NEW YORK CP Cana dian dollar down 764 at 994 in terms of Pound ster ling down 164 at 41 2932 SIMPSONSSEARS CORRECTION On Page 4A of our Great Spring Sale Sec tion which appeared in the March Lethbridge the KENMORE POWERMATE VACUUM CLEANER Which Was Advertised As Should Have Been 124 The price of refers only to the vacuum cleaner without the Powermate We Regret Any Inconvenience Caused To Our Customers Dividends By THE CANADIAN PRESS Alberta Gas Truck Line class A cents series C scries D all May record May Alberta Natural Gas 25 March 31 record March Canada Steamship Lines 50 cents extra 30 April record March SimpsonsSears 12 June record May Montreal Supplied by Raadhouse and McCuaJg LAST BID OR SALE am Qooiesi Q 1100 WESTERN OILS Aita East Gas i 95 Alminex Asamera BP Oil Gai Can South Cdn Ex GftS Ashland Cdn Homestd Cdn Home Pfd Oil 35 Husky Oil B U Husky War Inter Pipe Intl Ull Pfd 4 0 Inter Steel 10 75 Jefferson Lake 840 Jouiel 1500 KaUer 525 Cmnw Inter 12 95 Is 19 4S 50 Cmnw Lev 3 37 3 69 j 890 Corp Invest 554 6 CS 1100 Ccro In St F SOS 552 nn Dreyfus F 12 58 13 79 PlCtC and Cdn Ind Gas Oil II 62Vj Kam Kct a auvt 11 87ii Cdn Long Is Cdn Super Cen Del Rio Charier Chief tan Dome Pelt Dynamic Pete Total Pete Gt Plains Locheil Mill City New Cont North Cdn Oil Numac Permo Petrol Pinnacle Place Gai Ponder Ranger Scurry Rain Spooner Decalta MISCELLANEOUS INDUSTRIALS Agra S 25 Atco Ind Aquatalne Brit Nfld Cdn A Cdn Brew B Cdn Hydro Car Cdn Pacific Inv CPR Pfd Crowsnest Ind Cygnus A CygnuE B Cum Prop Gt Cdn Oil S Gt Cdn Oil 675 Home A 3700 1 SO 630 7 SO 700 3325 160 BO 750 59 1400 2550 1 77 L Ont Pct Cem MGF Manage Mentor Pacific Pete Rank Orq Selh Hcttl Shell Canada Shell Inv Pfd Shell Inv Wts Sicks Rainier Teledyne West Cdn seed While Yukon CALGARY Acroll Ana Pete ms Oil North Cont Plains Pete West Warner Madison Rexdale 2 PIPELINE STOCKS Alia Gas Tr L A 5075 Gr In Shares Invest Gr Invest Mutual Mutual Ac 1 Mutual Gr F 2 J5 Nat Res N w Fin N wj Gr 5 M Royfund 30 6214 United Ac 1975 Universal Sav 1200 Temp Gr 3J50 VANCOUVER 35 Anuk U 62li Arctic Mining 3 Atlas Explor 5 Beth Copper 3 90 Block Bros 1562Vi Brenda B Sugar B Sugar Pfd i Capt Inter Churchill Copper Cellulose only million left of the a million originally placed in the VICTORIA CP Another i an additional 30 years pected to cost another mil 72 million is needed to com1 the 1993 date in the present the Columbia River j How can you stand here there is The he said and tell us you made a good foolish deal Barrett asked the Social Credit 529 sal the legislature was told The only way you can inter WiUiston replied that in 41 I pret this is that you were the uhen the treaty was nego a t oo j To add insult to said country boys with the the inflation rate had iZ 521 leader Dave Pre he been per cent a but 7 28 e oo I mier A Bennett has sug Resources minister Ray Wili since that time the rate had 25 37 27 73 extending the sale of i hston said that even in light risen to four per power to the United States for additional the Columbia This had accounted for an in project would still supply the crease of million in the cheapest power in either Can cost of the Barrett said the Mica 06 2 Coronation Credit J55 850 15 50 612i 1 70 5 622 1 50 Crestbrook For Ind 7 00 Dynasty Croyden Fort Reliance Giant Mascot Granlsle Hoi Home Pitfld Hud Bay Co Hud Bay Oil Hud Bay Oil Pfd Amr 750 Alta Gas Tr L Pfd Key Indust Alta Nat Gas 2500 Growers B 5 3714 Cdn W Nit 15 50 Bathurst 11 Inland Nat Gas 1275 Hys N and C 16 Interior Brew 36 0 N and C B Pfd 3225 Jericho Pacific Gas Trans 14 50 Kamloops copper Gar Metro Lornex Gas Metro Pld A 6600 Lytton Inerali Tr Cdn P 3312Vj New Crcnln Tr Cdn P Pfd 1300 New Imp Mines Tr Cdn P Pfd A 62 K Okanagan Hello Tr Cdn P War 1075 Primer Westcoast Tr 2425 Pyramid Western Pacific a 75 Silver Standard Mi MUTUAL FUNDS Texmont Special Trolan 2 05 All Cdn Com 7 96 Western Mines All Cdn Divld 907 991 WC Resources 4400 All Cdn Vent 359 3 92 Western Explor 2500 28 Oo 525 700 600 10000 27 360 1 18 2 490 12 850 222 1 33 ip 475 C5 B Ic 14 F 562 617 Utica Toronto industrials Supplied by Richardson Securities of Canada LAS BID OR SALE f Quotpsi 232 220 Quotes MINES Acme Advocate Akaitcho Area Mines Black Bay Bralorne Broulan Bethlehem Brunswick Canada casslar Central Chimo Conwest Cons Rambler Com Lake Cochenour Dickenson Mines Dentson Mines Deer Horn DEldona Dome Mines Dona Ida Discovery Mines East Mslartic East Sullivan Falconbridge Frobex First Maritimes Giant Bovis Granduc Headway Hollini 1175 1 IS QUUTCSI Norlex Opemiska Osisko Patmo Pine Point Placer Dev Exp Quebec Man 1675 Radiore 590 Rio Algom Roman 22 Silverflelds 255 Sherntf Gordon 1 J5 Silver Miller 10 Sleep Rock 2 55 Slscoe Dofasco Players Ford of 25 00 Great Oil 31 87W Gen Motors 3400 Great Lakes Gulf Oil Greyhound Hawker Sid Erie Hiram Walker 35 1925 700 1 90 20 45 1 40 6800 16 1 05 3 SO 1J600 27 123 1025 275 7 75 1000 38 SO Hudson Bay MS 2400 Hydra Highland Bell iron Bay ISO Joliet Quebec Kerr Addison Key Anacon Labrador Lake Shore Leitch Langis Silver Madsen R Malartic G Martin McNeely Maybrun Maclntyra Meta Midrim Intern Mogul New Athona New Calumet New imperial Noranda Northgate 325 360 1 73 920 38 3725 315 1 61 12 76 82 1000 17Vi 133 SO 1200 Texrnont Upper Canada Western Mines Wright Wlllroy Windfall Yellowknlfe Br Zen mac INDUSTRIALS Abitibi Alcan Algoma Steel Atco Atlantic Sugar Bell Tel Brazilian Burns B C Forest B Sugar CAE Ind Cdn Brew Chemcell Cellulose Calgary Power Coronation Gas Marconi Cdn Vrckers Chrvsler CP R 2 54 1 84 625 72 1 92 385 125 1 15 Imp Oil Tobacco Nickel Pipe Group A int utilities I 25 12Vj 9 75 6075 600 B400 21 75 1J25 275 22 00 37 50 20 17 E71i 4575 2800 700 2375 IfiOO 7 50 762W 64 50 1200 J30 750 JSO 5 75 2750 1 50 11 75 1275 32 00 3 50 B 1 3500 975 Cons Bathurst Gas Dist Seaarams Dom Bridge Domtar Texlile Stores Dome Pete Zenifh Elec Seed 1075 6700 2350 75 19 62 V2 5400 BfiNKS 22 Can Imperial Id 50 Montreal Nova Scctia 11 25 Royal B9 50 1450 1800 825 562W 420 5 3700 1075 2575 3650 A 168711 B 1650 d 16B7V2 Pipe 30 25 4 95 13 00 1900 3J 6216 1925 rs 24 25 an A 1200 3050 Group 1200 24 Pipe 3325 s J 350 975 rblde jglas erg Corp Mfg 20 j 390 22 12V 1525 24 50 2550 2300 Neiv York stocks Supplied by Securities of Canadt Amr T and T 48 Montgomery Ward 35 37Vi 20 Golds off Anaconda 21 62A Sears 85 DO 10 Base Met n 72 off 2 Bth Steel 23 00 Std Oil of 77 3715 W Oils 209 26 off Chrysler 2800 Texas Gulf 121 62i Volume Comsat 70 671i Texas Co 3750 AVERAGE Dupont 14000 Woolworth 5300 NEW TORK General Motors 8375 Westmghouse Elec 8175 30 Indust 91600 off 83 Gulf 30 Steel 3 00 20 Rails 202 25 off 06 Int Harvester JO 50 TORONTO AVERAGES 15 Utilities 125 24 up 26 Kenn Copper Indust 18408 up 65 Stocks 30087 off Boost port of Churchill SASKATOON CP N chief commissioner of the Canadian Wheat was challenged Thursday to an nounce that 30 million bushels of wheat would be allocated for shipment through Uie Manitoba port of Churchill in Steve McEachern was speak ing to delegates to the annual convention of the Saskateh TABER SCHOOL DIVISION 6 Requires A SUPERINTENDENT OF SCHOOLS POSITION An Executive Officer of the Board to carry out policies of the QUALIFICATIONS Applicants must have the following minimum qualifications a a valid Alberta Teaching Certificate b five years teaching experience in Alberta or in a school system of equivalent c a degree from a University in Alberta or frorr a university of equivalent d have pursued one years graduate study in a field acceptable to the Minister either at a University in Alberta or at a university of equivalent SALARY To be determined considering qualifications and COMMENCEMENT DATE To be but approximately June Closing date for application April Applications should include a complete resume of training and and salary and forwarded to SUPERINTENDENT SELECTION COMMITTEE TABER SCHOOL DIVISION 6 Box 1239 ALBERTA e w a n Association of Rural Fifty five per cent of its 292 member muni cipalities belong to the Hudson Bay Route McEachern said that al though the route association set a 1970 target of 30 million bushsls the ports only 25 million bushels were al less than shipped from there five years Let the wheat board try to sell all the wheat they can through the port of he adding that shipping costs to Europe are almost 16 cents lower through Churchill than through Thunder million energy plant is planned TORONTO CP British Newfoundland plans to build a million nuclear plant someuhere in Canada to produce enriched The proposal was received by Prime Minister Trudeau in Ot tawa shortly before Brinco President William Mulholland announced the idea here Thurs day in a speech to the Empire Club of He said it would take a work force of between and about eight years to build the It would require an oper ating staff of about The project needs federal ap There was no official comment but authorities at the federal energy department in Ottawa said there are many un answered Where would the necessary markets be Where would technical in formation come from Should the enormous amounts of en ergy required be used for such a plant There now are five plants pro ducing enriched uranium in the nonCommunist three in the United one in Britain and one in France Dam will cost million to complete and generators will cost another Transmission of power from the Mica Dam will cost another he and com pletion of the Libby Dam is ex Interest rates at that had been five per cent per Youth dies Livestock Lethbridge Livestock AFTERNOON SALE Calgary Livestock CALGARY CP On offer to 11 about head mostly replacement cattle and stock Trade was active Most slaughter cattle were cows of mixed grades and bulls selling at steady Good slaughter cows to medium to canners and cutters 18 to Good bulls 24 to Replacements were mostly yearling steers weighing 575 to 750 pounds and stock calves 450 to 550 Fleshy yearling steers 600 to 700 pounds were up to lower with other grades of replacements Stock calves were Good feeder steers less than 750 pounds 33 50 to more than 750 pounds 30 to Good feeder heifers 28 to depending on Good stock steer calves to Good stock heifer calves 31 to Butcher weight calves 31 to No hogs sold to 11 CALL FOR BAN SASKATOON CP A reso lution calling for a ban on non returnable bottles and cans for beverages was passed Thursday by delegates to the annual Sas katchewan Association of Rural Municipalities FOR RENT IDEAL DOWNTOWN LOCATION 5th and 4th LETHBRIDGE Contact Suite Lafferty or Phone 3275301 OPENING ACCOUNTING AND INCOME TAX RETURNS Peter Huising Accredited Public Accountant 2018 2nd Avenue North Phone 3286973 Phone 3283233 III fall but since that time had increased to between eight and 8S per had cost the province million more than had been He said that the province had stall had a good deal be cause the could have had the downstream benefits sim i ply by sitting back and letting B build dams on the Colum bia for its own automatic ally creating the needed power TORONTO CP Two scuf fling youths broke through a sixthfloor window at Rochdale College Thursday night and one was killed when they hit the The other was reported in se rious condition after an opera Kevin Kerick was Wolfe has two broken internal inju ries and Both are from To Police said they were told the pair scufDed in the sixthfloor lobby outside the When they lunged against a plateglass window the glass broke and both pitched ap parently landing together in a shower of Beef futures WINNIPEG CP Winnipeg live beef futures market had light traes Open High Low Close Mar 33 10 33 10 May Jly Potato futures WINNIPEG CP The Mar itime potato futures market was light trades Open High Low Close 2 40A Apr May 290 Nov ijourquidc to investment action me March edition of the Richardson Securities of Canada INVESTMENT SECURITIES is just off the You will find it helpful in shaping your investment decisions in the light of the latest available This issue features A report on the Capital Spending sector of the Canadian Current stock market Brief comments and investment recommen dations concerning Metropolitan Stores of Canada General Distributors of Canada NuWest Homes Limited and Richard Costain Canada t PHONE FOR SALE YARDS WASHED 114 DRAIN ROCK Can be Uted in Concrete 600 YARDS 34 AGGREGATE 800 YARDS V AGGREGATE This is oil washed material and can he used in driveways and Must Sell by April 1971 PRICE sell at oil or can also orranqe for This is in the lethbndpe and Coalhurst For Information Call TOM HALLIDAY at 3271443 or MR GIL DELURME at 3274463 Please send me a complimentary copy of your A March Investment Securities I NAME 4 ADDRESS r A JAMES RICHARDSON LIMITED A I OFFICES IN 35 CITIES ACROSS CANADA P A NEWOIK tOfJ33J FflAJKFURT HONGKONG A t Mail 0 RICHARDSON SECURITIES OF CANADA 709 4th AVENUE 3275757 RICHARDSON SECURITIES OF CANADA ACTUATE or JAMES RICHARDSON LIMITED OFFICES IN 35 CITIES ACROSS CANADA ;