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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 31, 1971, Lethbridge, Alberta 12 THE LITHIIIDGI HHAID Merth Fractional hike in stock prices TORONTO The To ronto stock market was mixed 10 fractionally higher in moder ate midmorning trading On industrials rose to and base metals to Golds dropped to and western oils 13 to Volume at 11 a m was down from one million at the same time Gams outnumbered losses 94 to 60 with 180 issues Dome Pete rose 1 to Alcan to Molson B j to Rank ri to and Pan Ocean to Bowater climbed 25 cents to Traders A i to Walker Gooderham to and Phillips Cable to Grain prices Winnipeg Grain WINNIPEG CP Trade continued light at midsession the Winnipeg change today as Grain Ex uncertainty about rail movement grain caused reluctance to make longlerm Tlax showed slight strength on some exporter buying while rapesesd was steady to frac tionally stronger except in the Vancouver March future where some liquidation drop ped prices three Oats and barley had light domestic shipper trade with prices fluctuating Some strength appeared in rye on light exporter and thin Tuesdays volume of buying trade was bushels of flax of of Midsession prices Flax May higher July U higher I and Genstar at lower not I began today on International Utilities dropped k to Ranger i u TransCanada PipeLmes i to Seagrams 4 to and Patino 4 to MARKET HIGHER MONTREAL CP The Montreal stock market edged higher in moderate trading Gams were registered in all sectors except Combined volume the Montreal and Canadian Stock Exchanges to 11 was compared with by the same time Tues On industrials were up to to papers to and the com posite to Utilities dipped to Financial Collection Agencies of which did not announced acquisition of Buffalo Adjustment a collection agency operating in for an undis closed Alcan rose H to Velcro to Peoples Stores to SlOs and Famous Players Js to CPR was off to and Logistec to Among speculative issues on the Canadian East Sullivan Mines climbed 45 cents to and Houston Oil 15 cents to while Buffalo Oil and Gas fell 35 cents to PRICES UP NEW YORK APi Stock market prices edged tentatively forward in moderately active trade today after aimlessly drifting for two The noon Dow Jones average of 30 industrial stocks was up to At noon the Associated Press 60stock average was up to Miscellaneous Montreal Supplied by Roedhouse aud McCuaig LAST BID OR SALE 11 M Qucttsi Qttoieu WESTERN OILS Hugh Russell 7100 Cmnw Inter 13 SS 14 14 Alia East Gas J 7S Husky Oil 16371iCmnw Lev 338 370 405 Husky Ol B J3 75 Corp Invest 5 SJ 6 0 Asamera 30 Husky War 810 Corp InSt F SJ HP Oil Inler Prov Pipe 1275 Dreylus f U H 50 13 70 Can South i 20 IntlUHIPB 4850 Gr Equity by Cintda Department of Agriculture On offer to ID Receipts mostly TORONTO CP The chairman of the board of Cdn Ex Gas Inter steel a uO Gr Shares 371 Ashland Jelfetson Lake 1087i Invest Gi trade No says the JIM harvesting has in j ij t 7 ce inntoi U nvest Mutual 5 38 5 63 Cdn Homesld 7 SS Jowtel choice butcher steers required to rceet the CP because producers ar Cdn Home Pfd iJ SO Kaiser i 37 r P Cdn IM Gas Oil 1075 Kam 133 F fl on Medium need for oil will eating nearly 50 per off more than two crop Cdn Long 73 L Onf Port 380 Sw Fm IS S generally The to increased pi mushrooms than they Cdn Super 3 23 Manage 210 u w Gr 5 V 5 0 Ctn Del Rio 25 Mento 1 09 D cows on offer years but vields have also in uen uei mo jrt Principal Gr 27 4 Charter 6 Neweonex 5 70 Royfund 5 59 5 All classes Twaits says in the is not keeping productivity and effi Chieftan 7 i5 Pacific Pete 29S73United Ac A 5 30 Dome Pete 8300 Rank Org 15 7a Universal Sav 7 58 8 and feeder cattle annual report to the in the The ai Dynamic Pets 1 OS Selk Hold 15 SO Temp Gr 2538 that world demand acting chief reach a high of pound Total Pele 670 Shell Can 3550 vawrnnvPB Gt Plains 3335 Shell Inv Ptd 3575 VAHtuuvtK i i oc inv w Anuk medium 28 50 to Cows ffood to 22 is rising He estimated consumDtion market outlook section of fha fofloral each square foot in 1967 Up 4 among Canadians were at and Hudson Bay at Canadian Pa cific was off i at Down were Dome at the Rapeseed Vancouver March May 1 lower 290 July Vs lower 1 higher Rapeseed Thunder Bay April 7s higher June U higher unchanged not Oats May a louver j American Stock Exchange in Western Decalta Petroleum of The under the tape designation opened at SC4 on a 400 share Jupiter feU i at Off s were Erascan at and Canadian at Lochie Mill City 1 New Cont North Cdn Oil Nomac 7 Perron Petrol 1 Pinnacle Place Gas 1 Ponder Ranger 131 Scurry Ram 24 Spooner I Decalta MISCELLANEOUS INDUSTRIALS Aqra Ind 850 tnd Aquafaine Brit Nfld Cdn Brew A Cdn Brew B Cdn Hydro Car Cdn Pacific Inv CPR Pfd Crowsnest Ind Cygnus A Cygnus B Cum Prop Gt Cdn Oil S Gt Cdn Oil i75 Home A Home B Home Pitfld Hud Bay Co Hud Bay Oil Hud Bay Pfd 5 50 2 00 6 00 J 1525 S7S 31 50 3700 Shell Inv Wis Sicks Rainier Teledyne Can Seed White Yuk CALGARY Acroll E2 Ana Pete 75 Barons Oil OS North Cont 03 Plains Pete 35 West Warner JS Madison 34V PIPELINE STOCKS Alta Gas Tr L A 51 00 Atta Gas Tr L Pfd 7562 Alta Nat Gas 24 00 Cdn V Nflt Gas 17 CO Inland Nat Gas 1300 N and C 16 871 N and C B Pfd Pacific Gas Tr 1J 00 Gaz Metro 5 37 Arctic Mining Atlas Explor Beth Copper Block Bros Brenda B Sugar B c Sugar Pfd Capt Inter Cturchill Copoer Colur Cell Coronation Credit Crestbrook For I Croyden Dolly Varden Dynasty Fort Reliance Giant Mascot Grenlsle Key Indust Growers B Balrturst Norss Hys p wir Western 175 MUTUAL FUNDS AGF Special 2 Com 1750 7i0 27 37 3 An cd 30 so All Cdn Divid 2 to All Cdn Vent 787b Amr Gr F M 75 cdn Invest F 5850 Col Mutual Pyramid Silver standard B Oi 8 79 Texmont 9 10 01 Trojan 3 61 3 94 Western Mines 541 6 16 WC Res 4 56 5 00 Western Explor f J7 711 Utica Toronto industrials Supplied by Richardson Securities of Canada LAST BID OR SAtE Quotes 1 ftfi 605 257 J2 9 15 1 42 27 CO 78 6900 July not s lower not Barley May Ps lower July n higher unchanged 3i j lower I EDMONTON Week July U higher unUy egg and poultry changed not Eggsi Prices Tuesday for hvo To producers A large wheat for export to countries A medium 3o A small outside IGA 1 Nor 2 179U 3 4 1 Dur um 1794 2 3 4 1 63U IGA prices 1 Nor Quotes MINES Acme 0 Advocate Asb 3 Akaitcho Area Mmei Black Bay Braloms Broulan Bethlehem Brunswick Canada Cassiar Central Chimo Con west Ramblei Coin Lake Cochenour Craigmont Dickenson Mines Denison Mines Deer Horn DEldona Dome Mines Don a Ida Discovery Mines East Matartic East Sullivan Falcon bridge Frobex First Manhmes Giant Bovis Granduc Headway R L 9 50 Hollinger 3S 75 Hudson Bey 2335 Hydra Ex U Highland Bell 3 20 Iron Bay 150 Joliet Quebec Kerr Addison Key Anacon Labrador Lake Shora Leitch Langls Silver Madsen R L ttalartic G F Martin McNeely Maybrun Maclntyrt Meta Intern Mogul New Athona New Caiumet New Imperial NorantSa Northgale Opemlska Osisko Patino Pine Point Gordon Quotes 1500 Dom Textile Dom Stores Dome Dofasco Fam Plfly Fd ct Amer Ct Cdn Oil Gen Motors Gt Lakes Pap Gulf Oil Cda Greyhound Hakwer Sid Eri9 Hiram Walk 1 81 Imperial Oil 20 Imperial Tob Int Nickel Int Pipe Inv Gp A Int Utilities Indust Accept Kelly Doug A 7100 31 75 3350 1 3 680 259 1 fi 600 1 86 1 65 Loeb lit 50 36 1 30 10 50 250 itta INDUSTRIALS Stores McMillan Bloe 2Vj Moore Corp 5 30 Molsons A 11 Molons 8 Cent i Pembina Pp 2l 00 Power Corp 15 6V7 Price Co 8 SO Rothman5 7 123 St Coro JB 62t Shell CDA M 62 It 75 3400 IS 50 1 48 20 Sirnpsc Simp Steel of Can Slekirk A Texaco Traders Gp A Trans Mtn Pp Trans Can Pp Union Gas Union Oil Versatile Mfg Wcstee Union Car Westons B Woodwards A West Cdn Sd Zenith fciec BANKS Can Imperial 19 622 Montreal 5375 Nova Scoha 2725 Royal 13 a TorDam 750 1100 1350 31 SO 3 50 10CO 79 00 925 2S35 925 6025 7 40 F350 IS 50 7 25 M 25 1 50 11 25 3475 2000 1725 1 50 2800 825 42 50 18 00 550 i 50 3fi50 25 62A 1650 1600 1675 33 121 512la 825 1300 1900 1025 25 2700 12 50 31 25 1725 11 87 3300 1550 42 00 315 9 1600 150 2175 390 s 2 Durum 4 High Flax May 2547a 25434 Oct 15731 Nov 25G2 25Glj Rapeseed Vancouver Mar 339 May KJ2 287 t Jly 279 Sep 273 272 1 74ri 4 1 2 1 56 3 Low Close 254 25714 256z 336 2914 19 C 6 cracks To retailers large 50 to 51 A medium 47 to A small 32 to 33 B 32 to 35 C 20 to 21 cracks 20 to Two cents extra in To consumers in cartons large 56 to 57 A medium 47 to A small 38 to Poulto To producers No chicken Fowl Under Turkey Under 12 to over Live 2 222 12 to 231Z over 22 j New York stocks Supplied by Securities of Canada Amr T and T J9 00 Montgomery Ward 3425 20 Golds 19334 up Anaconda Sears 83 10 Base Met up 35 Beth Stee 21 62 i Std Oil of N 7975 15 W Oils 20315 up Chrysler 36 372 Texas Gulf 131 A2b Combat 75 CO Texas Co 3675 NEW YORK AVERAGES Ctpont 13912 2 Woolworth 5200 30 Indust up 1 or GM WestlngriGUse Elec 62 37a 20 Pails 20028 up 53 Gulf 3025 US Steel 3275 15 Utilities 12305 off 51 Int Harvester TORONTO AVERAGES 65 Stocks 29740 up Kenn Copper 39 20 InddSt 1R445 up 7 Voluma JJLocklieed Aircraft knocks on doors urn 20 to canners and 1980 in the free world of 72 mil cutters 16 to Bulls good to Good feeder heifers 30 to Butcher hogs sold Tuesday Lethbridge to base Calgary Livestock CALGARY CP On offer lo 11 about head mostly good and choice slaugh ter Balance of slaughter catle were mixed grades of heifers and Trade was fairly active on lighter steers but slow on heavier kinds and heifers and heifers and cows were up to 50 cents lower ex cept for earners and cutters which sold Choice slaughter steers to good to medium 29 to Choice heifers 30 to good to medium to Good cows 21 to medium 20 to canners and cutters 18 to Insufficient replacement cat tle or stock calves to estab lish a Hogs base price Lambs sold Tuesday at Coop meeting in Calgary Officials and shareholders of Purity Dairy Coop Leth left today for to attend a special meeting of the The exact nature of the meeting is but it is expected it will involve re views of operations following recent management lion barrels a up from 40 million barrels in He said the oil industry in Canada had reached the stage where technological innovation no longer will be able to offset rising The industry now has reached the stage where its prices will not only have to be much more responsibe to cost but will have to achieve a level that will provide the incentive for the massive investment re quired to fill Canadas growing needs for As previously Impe rial had 1970 earnings of million or 82 cents a up from million or 73 cents share during Sharp drop m earnings VANCOUVER CP Com inco reported Tuesday a slight increase in 1970 sales and total revenue but a sharp drop in net Consolidated sales hit an all time high of more than 5264 the company said in Us annual up about six par cent over Total reve nue of almost million was up about five per Net were off approximately 20 per at Pershare earnings in 1970 were down from in DANISH ORIGIN There are more than people of Danish origin in Can says imports of processed particularly from Taiwan and have in creased much faster than Cana dian He believes the Canadian because of a renewed interest in gourmet cooking and an increasing will continue to expand and that Canadas mushroom producers can adjust to fill the The production of mushrooms increased 23 6 per cent to million pounds in 1969 compared with million pounds in But imports of fresh mush rooms totalled million pounds in from the United and imports of canned mushrooms reached million Burns emphasizes all do mestic production is consumed in Canada and there have been no fresh or IMPROVED HARVESTING The area of mushrooms beds decreased to 3 8 million square feet in 1968 from million square feet in 1964 and although the total area has decreased Wilderness meet Ths regular meeting of the Alberta Wilderness Association Lethbridge branch will be held Wednesday at 8 in the Gas Company Auditorium on Stafford The main item of business will be drafting and approval of a brief concerning AWA views on the Canadian nation al parks master plan now under consideration by the fed eral Members and non members are welcome to compared with pounds in but dropped slightly to pounds in Mushrooms are produced in all areas of Canada with On tario being the largest producer followed by Quebec and British The Prairies and the Marl times also grow mushrooms but on a much smaller Burns says growing mushrooms is a highly special ized business calling for a mix ture of art and scientific knowl Tale trial cases may last 5 years LOS ANGELES AP The chief defence lawyer in the Sharon Tate murder trial says appeals of the convictions and death sentences of Charles Man son and his three women follow ers may last five years and will be taken to the United States Supreme Court if Paul Fitzgerald said in an in terview Tuesday the defence will launch its appeal April 19 before Superior Court Judge Charles who presided over the 94month trial that ended Under California law Judge Older can reduce a sentence he finds the jurys verdict un but if the sentences had been less than death he would have no power to in crease Rapeseed Thunder Ba I WASHINGTON AP Lock heed Aircraft went knock call on other TriStar customers and on officials of more than Apr 2JX Ocl 2fifl Dec Oats May OH Dec Barley May 12R Oct I If i Doc M ay 1 i i W fV Dec 2904 291 290 7fi3 Area sessions information about and lance in he I lions for the I Old Age Security uig on the doors of its anline I banks uith interests in Lock customers and bankeis today heed and the airlines wih a plan in hand to retain alrujies invohed in auuuv RollsRoj ce engines for its pel which has or filing of applicapowered air 50 Trans World Canada Pension i Flrsl cn the ust tor a 21 Pacific andfrom Lockheeds top brass was and Air the Guaranteed Income Sup plement will be provided at itinerant offices in Blainnore and Pincher Creek this a field officer ot Canada will be in Air which has ordered 10 L1011 TnStars which can fly up to 350 passcn gers at 600 miles an 1 have not been usj closed for the tentative agree no 107 I the BLunnore Federal Build Thundav from 10 am to r i p m and m the Pmcher twecn Locked and the Tfntit ment announced after tuo of pnvate talks ind Tmvn Council Chambers i foment dav from 9 a to bankrupt Roll KIR SEE PAGE 19 ANGIO DISTRIBUTORS GRAND OPENING 426 6lh Streei S Beef futures Hog prices EDMONTON CPi Prices lo 11 nm loflny provided hy thr Alborla hog producers markrtinR hoard The plan could lack up costs i Edmonton Quoted 13 iin aml alter deliveries of the sold Tuesday ISSn TnStars on But a Mnteh Quoted in un to another power plant at this Average Tuesday of the ls WINMPEG CP The point would require costly rcdc Quoccl no mar NATIONAL DEPARTMENT STORES CLEARS OUT EASTERN FACTORIES Our buyers have returned from the East with sensational buys in bankrupt and surplus stocks You can profit from the factories Mens Dress and Sports Canadian Made Large assortment of sizes and Jaguards SHIRTS OONT PASS UP THIS SPECIAL LADIES GIRLS POPLIN JACKETS Zip All sizes and to and Many Items At Half Of Regular Prices Limited Quantities WHO SAID NATIONAL CANT BRING LOW PRICES MENS SLACKS PermaPress all sizes Woist 30 to 46 All to BLANKETS SUBS Assorted materials and sizes in a variety of EACH 1 Many Unadvertised Specials Shop Early And Save Full Range of Camping Equipment Now LADIES COTTON SLIMS Ideal for tiround house and garden All at lowest Spring Has Arrived At National With The New Styles And Fantastic Colours GIRLS BLOUSES Figured ond striped Perm anent Sizes 8 to Wiampeg becf futures market sign of the planes tail assembly iuhetc tlie third engine is lo i cated The other two are wing mounted in pods was inactive Open May Jim Tuesday I T Use Your Charqex Now At Naiional Stores Av Salesmen Wanted Renumarations include generous sal ory and commission health benefits and group Apply to Box 10Tr Letlibndtjc Hoiaicf AH replipv hold in strict Letlibndge No eragc Tuesday Lloydminsler X o market Tuesday in Total hogs fold Tuesday 11 average 1177 aver age 13 in Joialo Tlie Bntish picked up thp Rolls i pieces in an effort to maintain its balance of frarlr soiifiliL as suvanccs that lyvkheod wnuki 50 to full ptnrlurtion of nil In nn Mr njlifr 1 dpmarded HIP Mantimc pofnfn futurrs Rolls HB211 onginos would ho i market Tuesday was with transactions in the future at points under the market Open Hi fill flnsn Bool styles in to 1 CLEARING CHILDS AND BOYS RUNNERS and low cut canvas broken sizes 6 1 i ready when needed and at a J pnce making the TriStar com pctitive with the McDonnell Douglas alwi a Ihreeon Latrjt week Lockheed will Apr Nov BOYS STRIPED FLARE JEANS 100 cotton in lha latest Sizes 8 to 2 3rd Avc ond 5lh Phone 3272764 Open Thundny nnd Friday ;