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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 30, 1971, Lethbridge, Alberta Tutnfay Mortn THI IfTHBIllBG HIRAIO 19 1 If A f T I I Lethbridge Livestock j Supplied by Canada Department of quotations Montreal Supplied by Koadhouse and McCuaig LAST BID OR monopoly oronvn In rich Canada OILS Hlen RuKell 21 W InUr Alia East 75 Husky Oil 16 3i Lev 3W Alminex Husky Oil B Corp Invest 6H War Corp In S F 499 Market j up fracti TORONTO CP The Toronto stock market was mixed to fractionally higher in active midmorning trading On industrials were up 20 to golds to and base metals to Western oils lost to Volume by 11 was one million up from at the same time Gains outnumbered losses 128 to 92 with 176 issues Crown Trust was up to United Funds Management to Nuwest Homes Vt to Guaranty Trust Vi to Simpsons J4 to and TransCanada PipeLines to Dome Mines rose to Hudson Bay Mining to Dynasty 20 cents to Pan Ocean to Houston 12 cents to Siebens 10 cents to and Canada Southern Pete 10 cents to International Utilities lost to Husky Oil to Famous Players Vi to Northgate 25 cents to Opemiska VB to and Ranger to FEEBLE TRADE MONTREAL CP Prices rose cautiously in all sectors in feeble trading on the Montreal stock market On industrials gained to utilities trices onally to comjosite to and papers 18 to By 11 shares vere Faiconbnoge was up to Deniscn Mines 7s to National Drug Is to Rio Ugora 4 to Pacific Pexoleum to and HoUinger Mines to International Utilities dropped Vi to WalkerGooderham o and Canron to Off A each were Abitibi at Calgary Power at Union Carbide at and ConsolidatedBathuist at DJA UP NEW YORK AP Stock market prices edged up and down in moderate trading this The noon Dow Jones average of 30 industrial stocks was up at Advances held a narrow lead over declines on the New York Stock Mclntyre Porcupine was up 1V2 to and WalkerGooderham up to Dome Mines was ahead Yt at Off were Canadian at and Distillers at On the American Stock Molybdenite Canada was off 316 at Receipts mostly good and choice butcher cattle market Good atd choice butcher steers meeting good demand at steady No butcher heifers sold The few medium cows on offer sold jenerally No replaceent cattle sold Choice steers 32 to 3280 ood 31 to 32 medium 28 50 to ill Intruill 4825 Gr Equity dn Ex Gas Inter SIMlPlM S Gr In Shares 3 d 3 shland 107 JelfersonLaKe 1075 VMJ i1 dn Homestd 7M Joaltl f dn Home Pld W SO Kaiser Res 650 5cr P 5 i I dn ind Gas Oil 11 W Kan Kctla IK 742FVI dn Long Is L Ont Port Ceil 575 JSfn dn Super Hanaot 225 W Gr 53558 en Del Rio 12 37i Mentor 110 Gr tniu harter 630 Newccnex 555 Jd s 7 hleltan 77 Parllic Pett 30 CO Ac j s Dome Pete 8 00 Ora jo ji UnlversB1 Sav 7 57 Dynamic Pete 104 Selk Hold 1350 Temp Growth 3561 Total Pete 665 Shell Irv 3535 VANCOUVER Gt Plains 3387i Shell Inv Pld 3 50 Lochlel Shell Inv Wts Arctic Mining 1J Mill City 1 50 Sicks Rainier 3 00 Atlas Explor New Cent 75 Teledyfxe 5 Beth Copper North Cdn Oil 7 JO West Cdn Seed 3 CO Block Bros Numac 7 50 White Yukon 15 25 Brenda 8 60 erffio S3 CALGARY B c Sugar 18 37Vs Petrol 132 Acroll B C Sugar Pld 1 SO Pinnacle 64 Ana Pff cal Fiace Gas Barons Oil O5i Pontie 57 North Coit i n Ranger 13 plains Pele SjShroSc F hlf ho Scurry Rain 3400 west Wsrner jm Spooner 170 Madison SSlv S Decalta 635 Rexdale Dynasty 6W MISCELLANEOUS PIPELINE STOCKS Fort Reliance 57 INDUSTRIALS Alta Gas Tr L A 50 50 Giant Mascot 4 50 Agra Gas Tr Pld W tn Granule 12 i Atrn Inri 900 Alta Nat Gas 2475 Key Indust Amiatane Cdn W Nat Gas Growers B Int Nlfd 575 inland Nat Gas Bathurst 168 dn Brew A 32 50 N and c 87li Vs Brew A 3U N and C B Pfd 22 25 Interior Brew 4 E rS UUH Pacific Gas Tr 1400 Jericho rS iL Metro Kamloops Copper 1 Gas Metro Pld A 6275 Lornex 9 CO CPR Pfd vw Tr cdn Pj 33 JQ Lyltcn Minerals 2 PS CromMiest Ind 25 00 Tr Cdn 42 a New Cyanus A 525 Tr cdn p pfQA 5300 New Imp Mines 147 Cycnus B Tr Cdn P War 1000 Okanacjan Hellcop 475 Cum Prop 17 wc Trans 24 M Prlrrer Gt Cdn Oil S 6 85 Western Pacific 4 70 Pyramid 35 Gt Cdn Oil 675 10000 MUTUAL FUNDS Silver Standard Home A 2725 AGF Special Texmont CP The i learmonopoly the United tates has enjoyed in Canadas narket for imported horticulure products has been severely mdermined in recent a number of other counies elbowing their way Despite the builtin adantage of being Canadas nearst and having a climate suitable for products Canda cannot produce yearround growers have seen aluable sales slip Henry writing in ie current issue of the agriculu r e departments magazine Foreign gives a angle of reasons for the loss Canadian ranging rom bad weather to careful economic planning by But in he it was ue to more aggressive salesmanship on the part of other uppliers in bidding for the Caadian Canada has a sound a high standard of living and a large demand for fruits and vegetables to make it an attractive market he GOOD LABOR USE Mexico was a good example ol a developing counry using ome of its large reserve of abor available at relatively low rates to deliver a valuable product not already in export Converting land from whea and cotton crops to fruits and for by 1969 had 84 per cent o anadas market for importec rozen and the 12 per In the early the had had market in force at tne D time of year when Cans s iian duties on fresh produce are P produce often is mar c eted late in the spring or early a n the fall when duties are f ligher to protect Canadianprown c Israel and Portugal were ex e mpies of countries that have a added to their Canadian sales i v better processing and more J aggressive Israeli c armed citrus fruit had cut into of the Portugals exports of tomato aste jumped from three per ent to 50 per cent between 1960 nd edging out imports rom Italv and the Despite the warning that ould be read into all t he was still Candas firstranked supplier and n 1969 Canada was the market or 44 per cent of all for sales worth 200 and cutters 16 to Butcher hogs sold Monday Lethbridge to ase Mondays sales All classes of weaner and eeder hogs met very good Weaner hogs or more Light feeders under 100 to heavy eeders over 100 steady to Weaners to 1450 light eeders under 100 to 7 heavy feeders 100 to 130 bs to heavy feedrs over 130 to All prices per Light feeders under 100 old from 17 to per leaw feeders over 100 14 to 7 per Calgary Livestock CALGARY CP On offer o 11 about head mostly good and choice slaugher steers and Trade was fairly active with local an nprovince Light slaughter steers were steadv with those around pounds under pressure to 25 cents lower heifers were fullj steady cows fully steady to strong with sales to and rails were Choke slaughter steers to good 31 to medium to Choice heifers to good to medium 27 to Gooc cows to medium 20 to earners and cutter 18 to Good bulls 24 to 25 50 Replacement cattle w e r mostly short keep All grades of re placements were Insuf ficient stock or slaughter calves to establish a Good feeder steers mor than 750 pounds 30 to Good feeder heifers t with sales to Hogs base price unic contract r MONTREAL CP A threeyear contract between the CBC and its clerical and administrative employees has received national a spokesman for the employees said The spokesman said 11 of 14 national locals had ratified the which will give the workers wage increases of up to 24 per cent over the life of the The spokesman for the Association of Kadio and Television Employees of Canada ARTEC said that under the lower wage scale employees will receive a larger wage package than betterpaid All increases are retroactive to the expiry date of the last April BASIC BOOST BIGGER New wage reached after more than 15 months of will give workers in the to y e a r bracket a firstyear increase of four per plus a S240 basic yearly pay This lowerlevel bracket then receives an increase of six per cent in the second year of the contract and 5fc per cent in the third a 24percent increase over three For higher level whose salaries range up to about a increases will be for the first plus a fourpercent wage In the next two increases amount to six and per The employees also received extended medical benefits and increased job We received breakthroughs rn those three areas where wage atified has resisted trongly in the ARTEC pokesman The was tentatively settled March but subject to national Pitlld All Cdn Divid Hud Bay Co Cdn Vent Hud Bay oil 44 12i Amr Gr F Hud Bay Oil Pld 5600 cdn Invest F Toronto mine Supplied by Richardson LAST BID Quotes MINES Noranda Acme Northgate Advocate 2 35 Opemlska Akallcho Cstsko Area Mines 1 tf Patino Black Bay 06 Pine Point Bralorne 2 05 Exp Broulan Quebec Msn Bethlehem 18 00 Rayrock Brunswick 6 10 Radlore Canada 2 40 Rio Algom Cassiar 23 Roman Central 1 50 Sllverflelds Chlmo 1 50 Gord Conwest Silver Miller Cons Rambler 2 50 Steep Rock Coin Lake Siscoe Cochenour Tek Cralgmont i Texmont Dickenson Mines 1 iO Upper Caned Denlson Mines 23 75 Western Min Deer Horn Wright DEIdona WFllroy Dome Mines 75 Windfall Donalda Ycllowknlfe Discovery Mines Zenmac East Malartlc 1 10 INDUST East Sullivan Abltlbl Falconbridgi 144 00 Alcan Frobex 26 Algoma First Maritimts Atco Ind Giant 1075 Allan Sugar Bovis 2 30 Bell Tel Granduc soo Trac Headway 900 1 1 Hollinger 1 Hudson Bay MS I srost Hydra Ex 1 igar Highland Bell 3 15 r d Iron Bay 3 r ew iso II Jollet Quebec luloSA Key Anacon jver Labrador 38 00 Credit Lake Shore 3 30 t Gas Leitch 1 60 dust Langis Silver S S Madseri irconl Malartlc 80 tkers McNeely Maybrun Maclntyrt a Meta sth Midrim n 5as Intern Mogul 1 a New Atnona Dem Bridge New Calumet 21 Domtar New Imperial 146 Dom Textile New Yor Supplied by Richardsoi Amr T and T Montgomery Anaconda Sears Beth Steel 21 75 Std OH of Chrsler Texas Comsat Texas Co Dupont 13 75 Woolwarth GM 82 25 Westinghjiue Gulf Steel Int Harvester 28 00 TORONTO Kenn Copper 20 9 97 Western Mines 3 70 92WC Res 6 74 Western Explor 499 Ullca 64 industrials Securities of Canada DRSALE QUOTH Quoltt 34 12A DomStores 9 30 Dome Peta 11 75 Dofasco 2J 62 Vj 29Vi Fam Piny 9 S7V24 03 Fd of Amer 59 75 33 SO Gt Cdn Oil 6 85 1 33 Gen Motors Gt Lakes Pap Gulf Oil Cda Greyhound 2025 Hawker Sid 6 95 Erie 21 87A Hiram Walk 3700 on Imperial Oil 2075 Imperial Tob 253 Int Nickel 4J Int Pipe 6 00 Inv Gp A JO Laurentlde 8 SO B 1 86 Kelly Doug A ES 3 80 Loeb 4 60 Loblaw A Metro Stores 36 Massey Ferg 11 00 McMillan 25 37li Moore Corp 37 12Vi RIALS Molsons A 675 Molsons B 1612W Cent 1S87A 1550 PemhinH Pp 3250 8 50 Power Corp 4 95 7 25 Price Co 8 00 Rofhmans 13 00 17 50 St Law Corp 1900 6350 Shell CDA 3712V Simpsons 1950 24 00 Simp Sears IB of Can 2800 Selkirk A 1250 7 25 Texaco 495 Traders Gp A 550 Trans Mtn Pp 2275 Trans Can Pp 33 00 1 40 Union Gas Union Oil 4200 12 62A Versatile Mfg Westeel 9 87 350 Union Car 1612A 10 7S Westerns B 1950 3900 Woodwards A West Cdn Sd 350 2325 Zenith Elec 140 9 15 BANKS 19 Can Imperial 2167 53 50 Montreal 14 62V 22 25 Nova Scotia 35 00 Royal 2fiOO 14 ToiDom 2312 stocks Securities ol Canadi Ward 34 00 20 Gods 193 4fi up 25 10 Base AAet 9732 guaranteed salaries TORONTO CP Several Home Oil executives lave been guaranteed at least wo years salary if they quit or are fired within 12 months after control of the company changes Control of an independent Canadianowned has been the subject of negotiation in recent The salary apparently covering 11 company executives including seven was detailed in a proxy statement mailed to A proxy statement s sent out with the solicitation of voting powers held by Homes annual meeting will be held in Calgary April Grain pri Winnipeg Grain Prices WINNIPEG CP Liquidation pressure in all commodities except flax appeared at midsession on the Winnipeg Grain Exchange today and prices were as much as 35s cents In prices were fractionally lower in light local Trade was generally slow and volume Mondays volume of trade was bushels of of of Midsession prices Flax May lower July unchanged Vs higher Vt lower Rapeseed Vancouver March 3 lower May 37s lower July 2i lower 2 lower Rapeseed Thunder review April 3Vs lower June 1 lower 2 lower not Oats May 2te lower July not Barley Mav 1 lower July IVt lower low er not Rye May 2 lower Julv lower 1 low er not Prices Monday for class tw wheat for export to countrie outside IGA 1 Nor 3 4 durum 2 3 4 IGA prices 1 Nor 2 3 4 1 durum 4163 WINNIPEG CP Grain quotes Monday basis High Low Close Flax May 255 254s Jly 2544 254li Oct 257 257 Nov 256li Rapeseed Vancouver Mar 339 335 339 May 295s 292 29214 Jly 284 231 282V2 Sep 274 274 274 Raneseed Thunder Bay Apr 293 Jun 291 2891i 28912 Oct 269 2697k 269 Dec 263 Oats May 7914 Jly 78 Oct 78 Dec 80 Barley May 128 127 128 Jly 127 125 126i Oct 119 118 118 Dec Rye May 114 114li Jly i Oct 10G1 106 Dec whole market to In the was Canadas only supplier of frozen concenxated orange juice by 196i sales were only 55 per cent of a growing market and Mexico had 13 per cent and Brazil 24 per Other inroads were made by the Philippines with pineapple juice and canned pineapples Taiwan with canned asparagus and and Malaysi with canned With the Common Marke threatening some traditiona markets for Australia and New these countries were taking advantage of Common wealth preference to build new markets in MOVING IN Dueringer adds crop shortages in recen years have allowed Mexico t move into the Canadian sports car unveiled LONDON AP Jaguar unveiled Monday a new Etypa sports car with a V12 which it said was designed specifically for the North American wider and more powerful than its popular this latest roadster is the first volume production car with a 12cylinder Jaguar Producing nearly 300 brake the allaluminum motor provides superb acceleration the company it has been specially developed to meet United States antipollution laws up to Since Jaguar introduced its original Etype in more than have been of which 78 per cent have been exported to the and prices EDMONTON CP Prices to 11 provided by the A berta Hog Producers Marke ing Board Edmonton Quoted 1 selling averag Monday Calgary Quoted t selling averag Monday Hed Deer Quoted t selling averag Monday Lethbridge No Av erage Monday Lloydminster N o marke Average Monday 18 Total hogs sold 783 Tot hogs sold Monday Provincial average to seek CALGARY CP Calgary Power will ask for a rate increase next president Howard said in an annual report released The increase would be the first in the companys 60 he but is necessary to main tain financial stability and allow the company to attract large amounts of investment capital needed for The amount of increase was not The which provides more than twothirds ol the provinces has compensated for higher costs in the past by internal economies and volume he Compared with net income rose million to boost million in 1970 or a share after a divided of 85 Gross revenue was up per cent to million while sales of electricity increased per cent to million kilowatt Million women may have gonorrhea SAN FRANCISCO AP A health official says a million or more women in the United SVates unknowingly may have The chief of venereal disease control of the California public health Warren told a VD seminar here that the growth of infection in California now makes the use of prophylactic products the only hope for effective Keterer said that in some urban sections of California a1 least 20 per cent of all high school students will have venereal disease before they get He urged druggists to support proposals to give instruction in schools on VD Volume NEW rORK AVERAGE 50 30 Indust 90345 up V7 Elec 9175 20 Rails 19 14 off IS Utilities 12372 Up AVERAGES 65 Stocks 296 74 off up 49 Volume cliemi siilplmr gases CALGARY CP Chemists at the University of Calgary are hunting for a way to eEminate many of the noxious sulphur gases given off by naturalgas processing tackle problem And ths approach being taken is not how to remove pollutants from the stack bu to prevent them from ge ting there in the first The process of extracting su phur from natural gas has bee sreatly said chemist but little effort has been directed to the crucial frontend combustion The step is the first operation in converting hydrogen sulphide gas into elemental sulphur and is used in 30 naturalgas plants in dean of graduate studies and a director of Alberta Sulphur Research and its Fundamental Research said improvement o combustion efficiency would eliminate wastes later in the STACKS NOT ANSWER The characteristics of the combustion units and the gases fed into them van considerably and what we propose to do is find out just how these variations affect the efficiency of the combustion The joint industryuniversity research group was formed in 1964 and during the last two years reviewed the whole sulphur recovery process from bottom hole to dowmvind ol the Hyiic said the problem of pollution is not solved by building hiphcr stacks which disperse the cfflueris into the atm o s p h e r e high above the that is only killed near Sudbury CP Five Sudburyarea men were killed Monday when their plane crashed into an icecovered lake on the way home from a fishing trip about 60 miles northwest of Provincial police said the singleengine Cessna 180 crashed into Bannerman Lake in the Pogamasing area during a Four of ths dead were identified as pilot Charles Kenneth Cameron and George all of and Leonard Thompson of nearby Val The name of the fifth person was not immediately released by who said his only living relatives are in futures WINNIPEG CP Th Maritime potato futures mark was mostly inactive Open High Low Clos April Mav 270 TO Nov 2 HIT CITY Chile Reuter Four earth tremors rocked this port city where six years ago an earthquake killed more than 400 No one was killed in Mondays but thousands stayed out in the streets until they were sure the shocks had r HIGH FLYER Greg seoted receives o push from three loyal friends on his homemade kite in who built the kite himself in less than a week from bamboo poles and a plastic ai high at 15 feet if the wind it prices jacked up TORONTO CP Two To rontobased producers announced increases Monday in their domestic copper The International Nickel Co of Canada said its new Ca n a d i a n price will be the equivalent of cents L a The increase follows three reductions since 1970 The latest was to Stfis cents a pound in January of this Noranda Sales mar keting arm for Noranda Mines of raised its price by two cents a pound to 5 cents a effective ioday Other Canadian producers usually follow when major companies increase Hry a with famous goanywliere 4Wheel Drive THE 2CAR CAR TODAY Equipment SPECIAL Mile 4 x 40 USED LATERAL LINE WITH END RISERS AND MAJOR COUPLERS Very good PRICED TO SELL GOOD USED MAINLINE ALSO AVAILABLE AT ATTRACTIVE PRICES We use the best ALCAN aluminum Major Irrigation 2125 2nd Avenue South PHONES increase for pilots OTTAWA CP More than 200 government pilots and civil aviation inspectors will recehe a 1C per cent pay It wars announced here that a threeyear agreement has been signed between the treasury board and the aircraft operations unit of the Professional Institute of the Public Service of The retroactive to July calls for a starting salary of up from for Executive pilots who ftnrt under will receive and helicopter pilots up to a futures WINNIPEG CP There was a light trade Monday on the live beef futures Open High Low Itee May 32 36 Jly MOTORS 1 3rd 3rd Phone 3272805 ;