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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 25, 1970, Lethbridge, Alberta Wtdnesday, March 25, 1970 UIHUIOCE HIUID _ 27 Stocks Advance In Light Trade TORONTO (CP) The To- ronto slock market turned back small opening loss ar.d ad- vanced moderately in light mid- morning trading today. The market lose moderately Tuesday and snapped a twoday slump. On index, Industrials were up .53 to 182.48, golds .W lo 1C2.53 and western oils 3.23 to 189.55. Base metals slipped .04 to 112.06. In oils, Dome Pete, up Tuesday, rose 2VJ to 80. Scurry gained'Hi to 28'E, Bow Valley 1 to 2Hi and Hudson's Bay Oil 1 to 45. Seaway common was up '.2 lo 10'i on shares. The stock rose on shares Tues- day. M. A. Levy said today that "the Levy family interests had acquired a controlling position" in the outstanding stock of Sea- way. Last week, Argus Inc. of Soulh Carolina said it planned to otfer cash a share for 27 per cent of Seaway's outstanding shares and said it eko agreed lo purchase Seaway shares, or 23 per cent, from Norton Cooper, Seaway president. The Levy family acquired an interest alter a lake- over of I.evy Industries by Sea- way in 1963! Levy Industries, at 12 hid, 14 asked, did not Irade. BANKS STEADY MONTREAL (CP) -Banks were steady yhile all other sec- tors of the "Montreal stock mar- ket advanced in light trading early loday. The composite index moved ahead .54 to 178.03. Leading industrial issues were CPR. up 1'A to on a 500- share trade, Velcro Industries, up to and Imperial To- bacco, up V Pipe 27.25 Cn Pice 2.E3 37.00 PR Pld Cyg-.us A ygr.us B I Cdn Oil t Cdn Oil Korr.c A..... KcT.e B..... icrne and Pit H-jd Bay Co Hud Bay Oil Hud Bay Oil Hugh Rus Pfd Husky Oil nt Pro Pipe 1375 23 50 Trans can Pipe A 54 H Trans Can Pipe v.- 8.15 .12 .at'A _ BUxlTBrcsV Brends Brenn-a: B.C. Sucar Capl. Inler. Ct-.Lichill freilbrock Croydsn Varrle.i Dynasty Erdako Pert Reliance F'uiL-rity Giant Grar.isle Key Ir.d..... Inl. Brew. Jericho Kam'ocps 1.33 ao.ta .18 5.37 1267V: .il 17.53 5.121'j 5.75 ?.CO .42 .40 11.12V! 13 5-3 .77 .34 3.00 1425 Mar May Jly" Nov 200 218'.! 255 210 255 21CH Oats May Jly Oct Barley May 106si Jly" Oct 106i) Rye May Jly Oct ------71 106 106'i ice 105 li 102 74 10614 106 Lornex .11 9.43 3.00 4.55 100.W IS.25 IS.fO 2.rj 18.55 55.75 23.25 1237 V.'estcoasl Trans 21.25 Lv11cn Wlin, MUTUAL FUNDS Alt. A.G.F. Special 2.i3 3.10 Wajrcr.a..... All Cdn. Comp. 7.71 7.91 New Cronin All Cdn. S.a Ne.v Irrp. Mines All Cdn. Ver.'re 3.9i i.3l Primer...... An-.er. Glh F 6.01 Pyran-.ld Canada 6.73 Silver standard Cdn. Invest. F i-61 T.C. Ex...... Colletl Mil 6.76 7.47 Tflmcnt...... 3.52 3.64 Tro-an.......76 Ccm'y.ealih Lev 3.5J 3.67 Western W.bfci Corp. Investcrs 5.S5 6.M V.'eskoast RES .22 Dreyfus F U.S. 11.51 12.65 Western Explcra .31 Fin. l.a X.S2 Ulka....... in .21 301 .tl .45 IX'S :ase In Japan, "would be alal." CLOSE SEVERAL, AREAS The government lias banned commercial fishing on Lake St. Clair and the St. Clair'and De- roil rivers and has halted ex- ports of fish, mostly perch and lickerel sent to United States narkels. Fisheries department officials are lo meet today with about 40 lishermen licensed to fch Lake St. Clair to discuss the problem. In Saskatchewan, the federal government still is buying all ths pike and pickerel caught on Ihe Saskatchewan River, a pro- gram begun in January which Mr. Davis has said could cost Ottawa about A spokesman for Mr. Davi. gave no indication whether fed- Futures Potato Prices WINNIPEG (CP) There was a small Irade with price; steady at the Maritime polatoe fulurcs market Tuesday. Open High Low Close Mon. Apr 3.10 3.10 May 3.75 3.75 3.70 3.70 3.71 Xov 2.40 2.10 WINNIPEG (CP) There was moderate trade, mostly commision house on both side of the market, at the Wir.nipe, beef futures markel Dealers were selling at price 15 to 20 cents lower than prev Iras close levels. Open High Close Prcv May 31.95 31.95 31.75 31.75 31.9 Jly 31.30 31.30 31.00 31.00 Sop 30.50 30.' Nov 31.00 Bank Plans Stalled MONTREAL (CP) Yin id ad government's decision take over the assets of the ank of London and Mor.trea Poit of Spain has disruptee ans by the Bank of Montrea' i buy the island bank. The' takeover decision was an ounced in Port of Spain Mon ay night by Prime Minister ric Williams, who said the ranch would be used as UK eadquarlers of the proposec National Bank of Trinidad ant Tobago. The Bank of London and Mon real, which operates in severa Caribbean islands, is solcl awned by (lie Bank of Londo id South America Until last Friday il was own ed jointly by Bolra, the Bank o Montreal and Barclays Bank Condon, each of which held one-third inleresl. Barclays and the Bank c Montreal exchanged their intc est in the Bank of London an Montreal for "an equivale value in new Bolsa Bank of Montreal spokesma said Tuesday. As part of the deal, ths Ban ol Montreal acquired an opti to purchase the five Bank London and Montreal branch in the Bahamas, Jamaica ar Trinidad. o Arctic waters, the Com- ons was told Tuesday. Jerard Loiselle, parliamen- secretary to Transport Uiuster Don Jamieson, did not y whether New York City- ascd Humble Oil has agreed In ast the bond. He did tell Wallace Nesbilt that the oil com- has agreed to obey 24 her regulations the federal ivernmenl has imposed on the anhattan. These regulations stipulate imoag o'Jier things that a Cana- an official must be aboard the anhattan, that the ship must any the most modem equip- .ent available and only enough il for its own use and those of ccompanying support ships. Mr. Loiselle also said that a umble Oil official will be iascd in OlUiwa during Ihe pril voyage so that instant ommumcation can be estab- shed between the government and the company. Burns Food Subdivides Its Shares CALGARY Burns ?oods Ltd. announced today hat its board of directors has voted to subdivide the common shares of the company inlo Ihree common shares. The directors also decided lo increase the authorized capital of the company by creating first preferred shares with a par value of 520 a share, issuablc in series. Shareholder approval will be sought at the annual meeting in Toronto April 20. NEW YORK STOCKS Supplied by Richardson Securities ol Canada Arrer T and T. 53-00 Montgomery Ward 20 Golds 161.02 l.iJ 53.25 ScjrS.. ..M.M 10 B Well 11J.W ell .tl 5 J.sra Standard Oil H.J. is SO is W Oft 1SU1 Lp JSM 113.50 Volume U1S.OOO. n.tKi Texas Co M.BJV, NEW YORK AVERAGES 56 E7Vj Wool worth 3JB 35 Indusl 7W76 tp 73.50 V.'cstrjhouM El li.li }1 Rails 17] el up 1 U.S. S'eel 37 BI'.li 15 UliU 117.H up 5800 TORONTO AVERAGES 65 Slocks 563.33 up 5.76 50.15'A Indusl up UJ Volurr.i: _ Belh Slesl Ctrysltr Comsat Hern Copper Business Spotlight The Lethbridge Herald INVITES YOU TO USE THIS HANDY GROCERY SHOPPERS' LIST SOUTHERN ALBERTA INSTITUTE OF TECHNOLOGY CAIGARV, ALBERIA ELECTRICAL INSTRUCTORS for appointmenl August 3, 1970 ElECTRtCIAN APPSEIsUKE INSTRUCTORS There ore four vacancies in Apprenticeship Program for Instructors to prepare and preienf lectures and demonilrallons lo ap- prentices in I ho vaffous years of their in such cou ;e> as Electrical Theory, Practical Labomlory Work and Safely Rules and Regulations. Applicants must hove Alberta 1st Class Journeyman Certification and a minimum of 5 years experience, preference be given to applicant! who have completed a recognized apprenticeship program. IIECTRICAI MECHANIC APPRENTICE INSTRUCTOR ThEs vacancy should appeal to an experienced Shop Electrician wilh experience in Motor rewinding and repair. Additional experience in Applicants Service would be ad van rage out, but is not enenfial. Applicant should preferably have Journeyman Certification and a minimum of 5 ex- perience, SALARY: Experience, education and training determine storting salary. TRAINING: Candicfafcs appolnled to these positions who do not have a teaching rospccls are promising. The metallic residue from ex-' icrimcnts prcditccd good qnal- ty iron, worlh eight to 10 cent.1; i pour.d. The iron was produced n powdered form which was in great demand by industry. Prcfesscr Lilge estimated the, cost of an effective incinerator! ilant would be and' "Hie leaching plant Sale cf (lie iron should bring in at least 41 a Ion on refuse, lieat generated anolher 51 a Ion and ths asphaK aggre- gate could be sold. There was no cstimale on how much the latter be worth. Prcfessor Liigc said he is pleased with his findings ar.d large cities should do some ex-. porimenting. He is conducting 1 further tcsls and lo pro-' duce a report on his findings soon. MACHINE-GUN BULL MESSINA, Sicily (CP) Po- lice killed a bull in a slaughler- housc wilh a machine-gun Tues- day afler the animal wcnl bcr- through a leaching whell a special pislol used for slaughtering only wounded Blades Baking Baking Cream Bcklng Toilet Aids Napkini Tissue Coffee-Instant SUPPLIES Cooking Corn Supplies Evaporated Flour-All Pins Tiiiue Salad Wrap Supplies Bulbs Bags Juice pore g us plans Svrop Pcliih Paper Cleaner Wax Julcei BAKERY Softener and BEAUTY peaches Pineapple Headache Another Public Service by The Lctlibtridge Herald ;