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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 1, 1972, Lethbridge, Alberta May 1, 177! THE IE1HBRIDGE HERAUJ _ Stock market dips in sloiv trade TORONTO (CPi The To- ronto stock mnrkcl edged frac lionally lower in slow mid-morn ing trading today. The industrial index was off .13 lo 199.HO fml base metals .07 10 96.88. Golds were up 92 lo 180.20 and western oils .29 to 218.00. Trading was light mil' vol ume of 491.001) shares, down from at Ihe same Urn Friday. Beverage, merchandising, oil refining, industrial mining and general manufacturing issues moved moderately lower while paper nnd forest, slecl, utility end banking stocks edged frac- tionally higher. Inco was down 3i to Falconbridgc Copper '-i to S123i Transmission Vi lo Seagrams '.1 to S33'l and Dominion Stores to Hudson's Bay Oil and Gas fell 11 to Gulf Canada to Masse-Fergusnn to Occidental Pete to 112'i and Royal Trust Vn lo VB. Bow Valley was up ni lo 30'i, Peoples Stores Bs to S225i. Okanagan Helicopkrs -Is to Sll'i. Price '.i lo and Palino lo S29'i. LIGHT TRADE MONTREAL (CPI Prices registered fractional pains in all sectors but banks in light trad- ing on the Montreal slock mar- ket today. On index, industrials were up .15 to 205.31, utilities .31 to 1152.70, papers .41 to 85.11 and the composite .00 to 203.86. Banks fell l.l.T Combined volume on the Montreal and Canadian stock exchanges at 11 a.m. was shares, compared with 381.600 at the same time Friday. Fleetwood rose n lo Greal-West Life 3 lo 565 and La Cerendrye 's to S13. tollman's was off to Aquitaine Vi lo Falcon- bridge Nickel ii to simp- Treasury Branches Staff Appointment MR. f. S. UANSDOWN Mr. Fred Spairow, Superin- tendent, Province of Alberta Treasury Branches, onnouncei Ihe appointment of Mr. E. 5. lonsduwn as Manager of the lethbridge Treasury Branch. For- merly a Treasury Branch Inspec- lor attached lo the Superintend- ent's Olhce in Edmonton, Ernie lansdawn has fifteen years ex- perience In the financial field. sons-Senrs 'A lo and Alcan Vi to ?22. On the Canadian Slock Ex- change, Pacific Nickel Mines was up nine cents to 78 cents on shares traded. DOVi'N NEW YORK (AP) Stock market prices declined today while many investors sat on the sidelines. The noon Dow Jones average of 30 industrials was down 6.02 at 948.15. Analysis attributed the mar- ket's weakness to concern about the Communist offensive in South Vietnam and uncertainly stemming from the price com- mission's order last week tc some companies lo rescind their price increases. Among Canadian issues traded, Mclntyre Porcupine was up 4 at On the American Stock Exchange, Brascan Ltd. was up 'j at Sza-le. Grain prices Winnipeg Grain WINNIPEG (CP1 AH com- modities were lower at mid- session on the Winnipeg Grain Exchange today. Thunder Bay rapesced was to three cents lower upon pressure. Flax and rye were lower un- der liquidation of nearby fu- tures. Barley was unchanged with little interest showing. Volume of trade Friday was bushels of flax, 000 bushels o f rapeseed and bushels of rye. Mid-session prices: Flax: May IVi lower July 1% lower 2.75V4; Oct. lower Nov. i't lower 2.75. Hapcseed Vancouver: June 14 Joiver Sep. Joti-er 2.59H; Nov. lz lower Jan. not open. Hapeseed Tliundcr Bay: May 3 lower 2.5Ms; July 2vz lower Oct. 1 lower 2.52V4; Nov. lower 2.52Vi. Oak: May Vs lower 68VB; July and Oct. not open. Barley: May unchanged July nol open; Oct. un- changed Rye: May Hi lower July "ii lower 1.03; Oct. low- er 1.01V4. By Gene Fawcetle FOA TftC ATI NY TUBE CONTAININGA AVASNET-HELD BALL, MOUNTED ON A GOLF CLUB'S SHAFT, THE GOLFER HOWHE'SDOINa IF THE WRISTS BREAK ONTHE KMN- SWINS, THE BALL IS PULLED AWAY FROM THE MAGNET AND GIVES A LOUD A SdFB> CAN PRACTICE WITH CORRECT FORM fOfi A NEW OPPORTUNITY The Bank of Montreal is socking candidates for a com- prfiheiiMve development program loading to a manage- ment position in Ornncli network within 1? to 30 THF. PORTION ADMINISTRATION MANAGbR (or Inr op pro I inn of Rrnnch under supervision of Branth Manner DESfRED QUALIFICATIONS Dcmomlralcd supervisory skills willi 15 ycarj experience in officn managoinenl cind procedure or o technological or community college diploma in AdnVmistrolitin. An interest in people and a dcsiro to work in o rapidly r hang ing Prrforencu will bn givnn lo cnndi- dnips with iruM company, finance company nr other ex- prrionco rlnsr'y rrlnlrd to hnnking. WE orrER A modern management pnvirnnrnrnl, willi onnunl rnvicw and pcrfcumanco, allrntlrvc inte.rnnl devolojimcnl pronrami and iho oppor- lunily for advancement bniL-d on demonslralcd per- formancn. for further InFormotmn, plrmo lubmif full resumr, IOT fl. W. TREADWAY, l and Cmplnyco Rotation) BANK OF MONTREAL HO Mglitb Avrnun P.O. "ox 050, Calycry i, Alberto. S.W., Miscellaneous quotations Vancouver, Calgary, Montreal (Siipplli-d by Dolicrly, McCuaig Limited) LAST BID OK SALE 8-m. WESTERN OIL5 Almlnex 5 10 Alia East Ashland BP Oil Gai Can loulh Cdn Gas Cdn Homesld Cdn Ind Gas Oil Cdn Super r.helMfln Dome Gt Plolni Gl Cdn Oil Lochlel North Cdn Oil 30.50 7.10 375 7 15 Jl.'fl 10.00 35.15 21.50 6.55 Quo Huiky Oil Husky Oil B Husky Oil Wnr Inter Prov Inter Prov S1eel Kaiser Res MOT Rnlnier Pels fl.m. rjuolel) 591 77J 5.03 5.5H 621 i.B? f 7j Principal Gr d -J i7s Temp Gr United Ac j Unlvorsal Sa 6 70 7.01 7 NL- iflC Pancdn Pete SeiDcns Total Pels Ulsler W. DscflUa VJesl Pele 9.70 rt.15 1.J3 MISCELLANEOUS Aqual CrJn CALGARY Acroll .id Barons Oil .Oil Medison .15 North Conl .02 Wesi Wiirnsr .15 PIPE LINE STOCKS Alls A 5300 Alia Gas Pld 77.50 Alia Hal Gas 20.00 Inland Mel Cat 16.00 N and C G.IS 12.C7 N and C 0 Pld IB tin Pacific Trans C-az Melro 5.50 Gil Metro A 77.00 Trans. Crta Plos Scolia 26 Royal 16.00 Tor Do m 1 CO 2S.50 JO.OO 4.00 2. BO 30.75 JJ. 371-3 3? 50 31. Mt 32 50 31 75 6.CO 3.TO 13.75 Id. 00 3J.B7VJ J2.75 21.75 7.75 19.00 3550 J3.09 26.50 3025 31.00 75 16.0D 19.75 27.75 7 CO J.55 '27.E7" 39 25 33.75 32 JO New York stocks (Supplied By Richardson Secnritlcs o! Canada) Belh Sice Chrysler 00 Scars 19.75 Sid Oil of NJ. Texas Guir 3J.I21 a Trxas Co 63.63laWirtcs Corp 166 00 WooKvcrll- 111.50 20 Golds 179.91 up .63 69.75 10 Base Mel 96.61 eft .U 117.55 15 W Oils 217 56 off .23 30.25 Vrlume U.m NEW YORK AVERAGES .10.00 30 Indusl 9JB.15 Gulf inf Harvester 79 .W Wsstinghouse Elec 51.B7''320 Rails 257.7! off 1.06 US- Sleel 31.25 15 Utilities cfl .10 TORONTO AVERAGES 65 Slocks 32277 oil 1.5S announced his retirement at Vancouver as chief executive officer of MacMilLn Blocdcl Ltd., Canada's largest forrst products company, hut said In> will stay on for awhile as chairman of (lie hoard. Mr. f'h-ne, 7fl, has licld his pnsi- lion with company and il.s predecessor companies since 1058. Inter-city transit link predicted EDMONTON rapid transit link between Edmonlon and Calgaiy is not far in the future, Industry Minister Fred Peacock said here. The minister said, however, the two cities should consider their "inner core" transporta- tion priorities first and lalcr examine inter-city transporta- tion. Inter-city rapid transit would probably use existing rail lines. Mr. Peacock said in an interview. He declined to say how many years away he thought such a rapid transit development might be but Sfid such a proj- ect is closer than, many peo- ple think. ?ry Ward ID Indust 19951 oH .51 Volume Dividends By THE CANADIAN TRESS Peoples CrtvJit Jewelers Ltd., common cents; class A 7Vi cents, both May 15, record April 28. Huron and Eric Mortgage 'orp., 20 cents July 1, record June 2. Ford Motor Co. of Canada SO cents June 15, record May 19. George Wcslon Ltd., common 21 cents July 1, record June 7; per cent pfd first series six per cent second se- ries SI.50, both June 1, record May 15. Shell Canada Ltd., class A common 30 cenls June 15, record May 15. TORONTO (CP) Members of several right-wing organiza- tions met here Saturday night but a spokesman later denied Livestock Calgary livestock CALGAHY (CP) -lieceipts (o 11 a.m. today on tlie Calgary livestock market were 230 head, practically all cows. Trade was active No slaughter sleers were of- fered and slaughter heifers were scarce. Few medium lo good heifers sold sleady for quality. Cows were mostly me- dium and calmer kinds all grades selling steady, sales lo 28.30. Insufficient bulls sold j early to establish union that they had formed an anti left alliance. The occasion was a banquet staged by tlie Guard, formerly the Edmund Eutke So- ciety, to celebrate Ihe fifth anni- versary of the group. Paul Fromm, editor of the Guard's magazine Straight Talk, said Rev. Robert Miles, charged with conspiracy lo bomb school buses in Miclu'gan. said grace and Don Lobsinger, leader of Breakthrough, a De- Iroil right-wing body, was the speaker. When Miles was arrested in Seplember he was described as Hog prices EDMONTON (CP) Aver- age prices to 11 a.m. provider! Good heifers 33.25 lo 3-1.25, i by Ihe Alberla Hog Producers medium .11 to 33. Good cows 57 Marketing Board. Edmonlon: average Friday, 29.32. Red Deer 28.75. lo 211, medium 25 lo 2G.SO, ran- ners and culters 20 lo 21.50. Replacement callle were scarce. Few steers in a heavier 1 Friday, 28.ns. average weight sold steady. No slock steers were offcrrcl. Fru- pood slock rnhps sold steady. Good feeder steers j Friday, 20.97. Calgary: 28.00, average Friday, 2B.B2. average pounds up 35 lo good slock hcitcr calves 35 lo 37. Hogs average base price 211.90. Fort Maclcod: 28.93, average Friday, 28.75. Total hogs sold 752. Tolal Friday 3.141. average Michigan Grand Dragon o[ the Ku Klux Klnn hut Fromm said: "I know of no connection Miles has wilh the Klan." Fromm also said there was no question of forming an anil-left coaliiion at the meeting. ''It would be just a dream at this stage to think we could put logether such a he said. "Vi'c'ro. not nearly that ad- vanced Among the 130 persons at the dinner were William Pearace of Washington, editor of nU I wing r.anMmri Allack: Neil Kennedy, president of Ihc Chris- tian Defence League of Dclioit Jack Morrison, disputed presi- dent of the Ontario Sorinl Credit parly, and Gcza Malrai. con- victed of nsnaulting Soviet Pre- mier Alexei Kosygin during his OUaM'rt Apparently Ihc ullra-righlisl John Birch Kocioly was not rep- resented. I hough Ihe United Stales-based organizalion an- nouuccri uisl week if is begin- ning a membership drive in Canada lo "fight evil which is manifested in (he Communist conspiracy." Weekend weather stalls south farm operations n.T JOE BAM..A Herald KLall Southern AIhorta farmer.1: stnrlcd lo trickle hack onto Ilic land with Iheir equipment Mon- day morning alter skirmishing with the weatherman, rain showers and some drizzles of snow at the weekend. Most advanced region Li the province is .sajd to be liie south- eastern corner of the province, where early planlcM spring wheat is starting to show through the ground. From the southeast to the equipment operations are slowed, with practically no land work started as yd in the southwestern portion of (lie province where deep snow drifts are s'lill in evidence in many parts of the countryside. AMPLE MOISTimn While the southwest has am- ple top and subsoil moisture supplies, agricultural olficials report the southeast is "ex- tremely dry" and (here is great need for "lots of rain." Ranges are said to be excep- tionally dry and some of the late seeded crops may have a hard time germinating unless there is some new moisture. Jack Anderson, district agri- culturist at Medicine Hat, said snowfall in the southeast the past winter appears to have been much below normal. Ski- ers on the slopes in the Cy- press Hills didn't get going un- til Christmas and were all through well before Easter. Wheat and barley acreages In the soulheast appear to be up this year and fanners should make short work of the bulk of the spring land work if conditions remain dry. A ma- jor portion of the vegetable crops is in the ground. The en- tire 70 acres of onions grown for the fresh table trade have all been planted. ELEVATORS EMPTY Many of the grain elevators in the southeast are said to be empty and farmers aren't ex- pecting any real difficulty in handling the 1972 crops. Much the same situation Is reported from soulh central Al- berta, but better lop soil mois ture. Kanges are slow in growth, and dry. Calving and lambing throughout the regions are complde with practically no difficulty being reported by the ranchers. Some of the most Ideal soil conditions are reported in a north-south line through the Lcthbridge Cosldale region. Topsoil Is good and the heavy lale spring made it marked difference in the sub soil moisture following a dry fall last year. Spring land work is again un- der Monday and is cd lo be general by the week- end unless Iherc ic additional moisture. Hams will be needed however, once seeding Is com- plete, to bring crops on Into a heavy growth. Despite Ihc late snows and cold weather during April, re- latively liUle loss has shown up in the fall seeded grains liku wheat and ire. Canadians pay ior antique U.S. autos PHlLADF.LPIIfA (AP) A group of Canadian business- men paid S95.609 [or fiie American cars Salurriay at a sale billed os "Ihe largest classic car auction ever held in America." Mosl of the crowd of about at the auction on the campus of .suburban Cabrini College came lo )ooJr, not lo buy. The S3 admission charge included free champagne. By mid-afternoon a lolal of 62 cars had been sold bringing in a record Last year, in the first such auclion here, C3 cars brought J282.270. The All- ward, Ralph Turner, Norman Halhaway and Kenneth Mo- rell, all of n 1930 Packard Boaftale Roads- ter, one of seven in existence for S5I.OOO; a 1920 Cadillac Fleetwood Roadster for two mode! T 190U for and a 1912 for a 1929 Model A for They said Uiey planned lo Marathon Realty Company Limited APPOINTMENT open sn antique auto museum in Toronto. Hathaway said that the group, starting early this year, had purchased nearly 40 cars at a cost of about half a million dollars and planned lo buy others. The high priced Packard tnvned by Millford Gould nf Tnjcksvillc, Pa., said he had hoped to Ret "I've had it since 1907 and it cost almost just lo buy and restore Gould said. A 1940 Cadillac sedan used in the movie, The Godfather, went for a bargain price of (o Ken rie Pasquale ot Valley Forge, Pa., a hotel op- erator. It was sold by Eli Abagnale of North Arlington, N.J., who said he pot it as a gift from his father, who bought it new. He said he collected a week for 20 weeks while .Mar- Jon Brando rode in it during the filming. Marathon Realty Company Limited APPOINTMENT Tabloid grows TORONTO (CP) -The Sun, a DONALD G. HORNER ROBERT MALONE Richard Morris, General Mana- ger, Prairie Division. Marathon DM, Realty Company Limited, announ- I Prairie Division, Marathon Really (h of Robert Company Lfm.led..announces linen nf Tills TplPtTrVim fPIP- I Inrpc fhp tes Llc apJJUIMl, lapse of The Telegram, __ r____...... brated its first six months of pointmenl ol Donald publication loday. Tlie morning -newspaper, which publishes five days a week, said circulation has been growing since Christmas and nearly 80.000 copies now are Prai'ie Division' appoinlmenl. Mr. I Prior to his latest appointment, Homer was Manager, Rela.l Opera- Mr. Malone was Assistant _Gen- lions [or Marathon's British Columbia cral Manager, Prairie Division, Division, Vancouver. sold daily. The newspaper has________ no home delivery. Staff has been increased to 94 from 62. Calgary. NOTICE TO MY CUSTOMERS As of Monday, May 1 wo going hours back to our which nrp 8 nimcr n. la of emergency afler Don Kukham a! In VIOUTS ph 327-4614. DON KIRKHAM INSURANCE AGENCIES 308 9th SI. i. SECRETARY POSITION AVAILABLE WITH SPARWOOD, B.C. COMPANY All applicant must possess shorthand nnd lyp- Ing skills. Suilahlo candidnlo musl bo obla lo work wilh minimum of supervision. Please apply nl your locnl CANADA MANPOWER CENTRE AUTOMOBILE SALESMAN Progressive dealership handling complete linn of Ford cars and Irucks, invites applicnlions from eom- polcnl professionals to fill two vncancirs on their small, well-trained sales force. ________ BY PROFESSIONAL, WE REFER TO A STATE OF MIND, RATHER THAN EXPERIENCE If you hove c solid record of accomplishment, cind oro rhnllcnand by llio conrrpl of conlribuiing to tha furl her qrnwlli of o 300 to 400 nnw cnr oprinhon, In rxrrllonl Int .litic', which dominnle I heir rurnl locolion, we offer uniquo nppnrtunitieis wi'li above overogo carninrj polcnhal. Reply giving complclo roiumn lo BOX 8, LETHBRIDGE HERALD PROCTOR GAMBLE CELLULOSE, LTD. Hai Immediate openings far the following positions at In bleached krafi pulp mill in Grande Prairie. ENVIRONMENT CONTROL ENGINEER Responsibilities to include: to provide effective technical support In wasla trealment, fo develop end menage fro in ing proproms for successful operalion of waste Ircalmenl fccililies, to work effectively wilh governmental and con- sulting agencies. Qualifications; chcrnicol, me c ho nice I or chemically oriented ianilary engineer with severe! yccrs, knowledne of environmental control functions, air and water pollution problems in the krcft pulp in- dustry, Seme experience in work aguncics o definite asset. PRODUCTION ENGINEER Responsibilities 'o include; abilily to demonstrali consulting and regulaiory abilily and inilialiv ond solutions, to conimuni nlmcsn'ifrn, lc fain non Junlificaiions: Grcducto rnginpcr civil n 8 years exporit jinrlicn at a si -Some pu'p n-il) f'CI I rale leadership In process lystemi c of independent problem a-olysij calo effectively and work In a toom managers in llie operation cf process wi'h a of tiicmrcal, in process industries including a level, icricnco rlrsirabti? but no! essential. PRODUCT QUALITY MANAGER Jo include: cb lily )o coordinnle ovprnll quality control efforts of the numufaclunng unils lo pi even I end o'imir-.nle finished product quality problems, -nbilily to manage a Central Conlrol labcmlory, abilily to communicotn dlrr-cly wilh Ti thnital cind Soles groups to facililfilP Iranr.lalion r-f customer specificationi fo vmbln process 'product Qualifications; Grndunli! (lioniical rnninecr wi'h rich history of pulp mill experience, Exprrirnfr> in crnr! commonicalinR, bolh OTdlly and in writinn. with proplo on o trnm bcj'is, in slaliilical quality control systems and their applications, of indrprndrnt ihinkinrj nnd dovrlopment. A'lli.-ipatiM date nf employment for nny of ll-f listM po-itioni would be July 1, 1972. should bn submitted in wnl.nrj nol lolrr Ihnn May 10, UT; Personnel Manogor Proctor ond Gnmblf Ccl'u'oso, Lid. R. R, No. 2, GRANDE PRAIRIE, Albcrla. ;