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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 1, 1973, Lethbridge, Alberta .1 Tuesday, May 1, 1973 THE LCTHBKIDGE HERALD 17 Livestock TSE prices up at mid-session r Calgary livestock per 100 Ibs.- TORONTO (CP) the Toronto stock j CALGARY (CP) Receipts: io 11 a.m. today from the Cal- gary public stockyards show sales of 725 head, mostly slaughter cattle. Trade was active with good local and export demand. 1 Slaughter steers, m o s I ly Prices on while bank, trust and loan, util- j piain, sold sleady. Good market WHOLESALE SUGAR_ PRICES (Mid-month Quarterly Averages) moved moderately higher in moderate mid-morning trading ity and merchandising issues holstein steers 39 to 40.40. Hsif- were lower. i ers steady. Cows steady with Toronto Star B -ose S4 to saies to 3'5_ Dome Pete slipped 1% to j 34 50 said a Xational Kge Mar- be brought in from other prov-': keting Board, now being form- Sugar prices increasing em oils, however, slipped 1.52 Corporate Management A to j Replacem to 229.26. S25'K. Harlequin to S13'-2 ana i Voluma by 11 a.m. was 522.- 000 shares compared with 505.- 000 traded at the same time Monday. Stslco to Dome Minss was up 1 to S89. nit cattle w e r c practically all short- keep steers weighing to ,ndy selling. j tfl.vl .T t 1 I 1 11 Bethlehem Copper to and steady A few feede., Anglo United five cents to soM steady There were Lagging glcba! supplies while sugar demand has been increasing during the lost few years moved suoar prices upward. But the experts now are predicting the peak is post and substantial price declines should be evident by 1974. Wholesale refined sugar prices in Canada reflect changes in the price of raw cane sugar on markets. Advances were slightly aliead Dynasty was down la cents to steer calw of declines. 101 to 96. while 183 and United Siscoe to cents tabfeh qiiotations to issues remained unchanged. Industrial mining, steel, real estate and food processing j cents to S8.65 and Francana stocks were among sectors o! j to S10-V the market recording gains.' quc A. few good stock heifer i j rv. 11; vv tiuuu Alberta_ Eastern climbed la caives feed. er steers more than 750 pounds 40 to 44. Good feeder heifers more than 550 pcunas 37 to 41. MONTREAL (CP) All sec-, Goocl stock heifer m lo tors gained today in light trad-: 550 pounrjs 40 to 46 75 ing on the Montreal stock mar- No hogs fcb {0 kef. 11 a.m. Combined volume for tne Montreal and Canadian ex-- changes at 11 a.m. vvaa nv.yw y shares, compared with 235.600 There were nu caili.s liet inCOlie shares at the same time Mon-.Monday due day- of and feeder hops. OAKVILLE. Ont. CCP1 ,0" MlV- Sale? 850 Ford Motor Co. of Canada Ltd.; cnange. 2, to; of weacer and reports lien "million or S2.80 a share for! uaii f d the corresponding period last On t h e Canadian Stock keat board asks fanners o step up grain deliveries Ford shows increase In income met WINNIPEG fCP) Ca- operations are just g e t t i n g mit.mems can be fully Board today call-j under way and farmers may i without shipping delays.' >-d on farmers to step up grain find it. hard to take time off to The board today announced inces for sale in B.C. I Mr, Guichon said in an inter-: j view that Manitoba and to same extent Saskatchewan eggs are being imported into Alberta, es-' I peeially in Edmonton and Mcd- 1 icine Hal. But the prices en the j imported eggs were as, a rule only one to cents lower than for Alberta eggs "so I wouldn't accuse them of dumping." He said the imports have had an adverse effect on market- ing in Alberta, because "we i have seasonal excesses and i: I makes it difficult to remove i them, as well as disrupting the j quota system because quotas I are allotted on known provm- cial demand." eri. should stabilize prices aero.--- Canada. "There1 is no difference across country in the price of pro- niK'ins e2'4.- Manitoba has a surplus nov.. so the price is" The price of.eggs at the re- tail level VI to 73 cenis a uuzsn today for Grade A large in Edmonton outlets was un- likely to drop as long as 1iie protein meal remained high. Dollar value if I Dl 0" tic uuvj i-u_ i v months. "But our sales requirements The open quota means farmers j trade so we have not taker, the Esdale are very high at this time of j can deliver as much of the j same action as British Coium- df .year and we urge producers to i three gr 1-2 co-operate in stepping up deliv- i elevator it- eries at this time to facilitate i acreage. year. Roy F. Bennett, president, also said in his annual report to shares, shareholders today that sales totalled 5891.9 million in the over 130 change." Crown-bridge declined S3 lo S5 cenu to 1', cents on 1.000 to Light leeders unasr jOu 25 to Heavyfeeders over Joi) Ihs. NEW YORK (AP> i _ J6 to 50 first quarter, of which prices were sharply 4Ji head million were in Canada. The tQfjay after opening with iaht feecinrs undPr 10il ylK corresponding figures in 1972 i lo 55 "per v.-cre S701.6 million and The Dow Jones Average of 3d ove, 130 "ibs. to per hunrired- FREK FLOW deliveries to help meet'aii ex-i deliver grain to country open quotas for wheat, barley! "However, we believe in the ceiitionally heavy export pro-i tors." he said. and oats in 22 shipping blocks, j free flow of interprovineii-' gram in the next two Commissioner R. M. -nid additional quantities of .year and we urge producers to i three grams for which there is j.bia." oats and barlev ai- "co-operate in stepping up deliv- elevator space, regardless of, Mr. Guichon said Alberta p--o-: ducers are paid 53 cents a I en for Grade A large esgs. fivo I cents more than producers in M a n i t o b a. However, freigh: i cost? were three to 31- cents a dozen. Prices paid to the prndiu-er; i had gone up from cenls 3 dozen in February. 1972. to cents but "none of iiit- pro- ducers are getting fa; on thst." funds quotations Vancouver, Calgary, Montreal (Supplied by Boherty. MeCnaig Limited) industrials, which had been erowth cli-. ajlesd more than, three points. to 5S1 On the Amex. to Bra.scan in- S203s while to million. "However, this mate should not be permitted to (jOWTi 0.62 at 914.SI at noon, obscure the fact that our 1972; Declining issues led advan- earnings from Canadian opera- C2rs ;n iight trading, tions represented just 3.R cents Advancers had been'ahead two- en each dollar of T'.lr. J0.ollc Bennett said. Among Canadians on the "Our company's ability to im- JVJYSE. Alcan rose 34 to prove this situation in Canada, Seagrams to S41, Mclntyre compared with automotive op- ta ant) Gooderham erations in other countries, will he an important determinant in the attraction of new growth capital for investment in this Sairry-Rainbow dropped country.'' Mr. Bennett said ihe first- quarter figures appear in- dicative of continuing growth in 1973. but be cautioned against, a number of possible deterrents. "For example, we must be wary of the degree to which consumer confidence could be impaired later in the year by any escalation of inflation, taxes, unemployment and inter- est rates. "Any work interruptions re- lated io the expiry of the UAYV United Auto Workers') contract 4U in mid-September could akn be Ol1 Sa.nds, says the a deterrent to sales erowth. al-' Proflt i.'' ,11 i i he oiiSet aniicj- (hough we are hopeful that a new contract can be signed j Pated losses lhe SiS first oil sands extraction Text of Mr. Bennetts address; at released deliver 1 Son for' the i first three months of 1973. com- i pared with a loss of for the same period in 1972. A relatively mild winter and i Bred sow? and gilts Seti in jS170 per head. Boars 75 to 172.50 per head. Butcher hoes sold Monday al the Lethbridge yards 42.83 'o .43.10 base price. Oil sands company has profit EDMONTON (CP> The Great Canadian Agrimarl application appro vet CALGARY ICP> The gary Planning Commission has approved a sub-division outline plan and a development permit for Agrimarts proposed live- siock centre in a northeastern industrial sub-division. Comrnlision approval came after city council agreed to re- zone the area in question. If no one appeals the devel- opment permit approval, con- struction can on the million complex in May. Grain prices Winnipeg grain iCPi Oilseeds cor..ijraed s'.rcng in good vol- unie tradhig at mid session today on the Winnipeg Com- modity Exchange. up to it) cents in Vancouver contracts and 6 !o Hi higher in Thunder Bay. J-'iax was 7 t.o 10 highta-. exporters 1-he main buyere. 1 Rye also was trading ac'.ive- K ai 2' cents higher the previous close i Oats and barley were active and two or more cents higher in the new ercp. Monday's trading was uufl bushels oi rape-seed. bushels of flax and '000 bushels of rye. MID-SESSION PRICES: Flax: May higher July !0 higher 5.29'... Oct. 7 higher 5.14A, Nov. o higlinj- 5.02A. Raceseeci of oaus ann Darsey ar? COODKICSLC: m -r-----, needed to meet sales commit -h-, forwarding of grain to ex- :Jr. Lsaaie said the '.-ealize that soring seeding port positions so that our com- art bang to bring about an immediate increase in pro- ducer deliveries in those ship- ping blocks where deliveries have not kept pace with coun- try elevator shipments. Rail shipments alao will be given priority in areas not in- i eluded in the quota change, a view to opening quotas in the remaining blocks as soon as elevator space becomes avail- i able. The 22 blocks where quotas for the three grains were open- ed today are Saskatoon .south and north: Prince Albert east, south and Eiggard north: i Edmonton north, south, east and Edmonton CP: NAR east: Hnnna south and Ou.- look: Medicine Hat: Brooks; Lethfaridge; Vulcan; NAR west. 'CP, U.S. rrns of Canadian today fell 1-25 to down jrk. the Canadian i-25 at S0.99 17-25. (jowu 1-100 at TAFF B.m. G'.iores) WESTERN OILS AND MINES C-ss 8.6i LAST BID OF. SALE a.m. BP Car, Erend? Can Sc; Pete J-'-. Dynasty 9- Fort Re'o'mce Oran'-ile Gt Plains 51? G' Cdn Oil 5 P Lcchiel Noble A.'iner Ncfth Ccn Oil-- Uuma: I" Pilr.csr, Pels Fr-n Ocean Pptrol 1 Pinnacio Place Gas Ranger 7.1 Srurry Rnrn '6 Tots! Ulster West Pole W. Der.aita 5. MISCELLANEOUS INDUSTRIES H.-mc i Home E Hud Bay Cc Hud Bay Oil Hugh P.USSEt! Oil Husky 3 Pic! HLfky D V.'st Hur-Ky E 'A'ar inter Prov Pipf Inter Prov Steel Ksiser Ras C Pro Pacifir Pete PW Air Pe-Een Oilfield Rainier Inc Rcyai Trust St. Maurits Cap Sandweli Telenyne West Cdr. Seed Westfield Min A Pfd XVhite Yukon LINE Alta Gas A Alta Gas Pfd 2C.OO J7.00 7.r7'-, Collect Mut 7.75 Cmnivlth In 13.371 j cmnwith Lev e, B7' Cmnwlth Von! 16.37'2 Core Invest --j Corp In Si fa V Drey Fd U.S. Gt Pacific Gr In Share Grcv- Equity Invest G" Fd Invest ,V.ut (V.ut Accm .Wit Grew Fd Nat Res. Cdn N.W. Grow Grew Royiund Teinpie United Accm Universal Sav Ur.ivest Vanguard .''jjrclel 11' 1J.3E 5. IP 3 15 30.75 10.50 c.75 4.57' 5.92 4.54 6.11 .i.5S o.9B 10. Z3 5.6? S.91 (.X EDMONTOX (CP) air Canada Ltd.. an Edmonuui-; iiased airline, will take delivery Wednesday ol a Boring 7-17 i wide-bodied jet which will be i used exclusively for charier Calgary: i service. The 452-seat jumbo ]et The open quotas also apply in flown from Boeing's plan! in all seven B.C. shipping points. 1.10 2.55 5.R7' 1.77 64.'0 13.62'. STOCKS Inirnd Nat Car- N and C N flnd C B P'd Pacific Trens Gaz Metro A Trans Cda Pipe Tr Cda A Pf'1 Tr Cds B Pfd Tr Cda War '.VC Trans WC i.f.5 MUTUAL FUNDS S.37' All Cdn ?7.25 All Divia 7.4S Al! Cdn 58.15V5 Amcr Grow Fo 5 7 75 AGF Sncciai 2.4? n :i Cdn Invest Fd 5.1! 11. 15.00 CALGARY Acrol! Barons 0-1 North CcnTi west warnsr VANCOUVER A'llNES A.fton Alias nxpior Brthurst Crov'den Dankos Davenport Varden EMGuifcriai Lc-rnex Prin-er Pyra.-nid Stand Valley Cspper INDUSTRIALS Capt Inter CDium Brew Hys Canada Key Indur' OILS 1 Oils 7 Plains !nl West Explor 1 15 ..'8 .2P .15 Gold f ii In res WINNIPEG iCPi Gold fu- tures. IJ.S. funds, Winnipeg Commodity Exchange close Monday. Apr '73 S0.70.V: .Ily 92.32B: Oct 73 94.85B: -Ian 14 9fi.fl.5B: Apr 74 99.05A. Friday's volume: Id con- tracts. Everett. Wash., and flown so Toronto. The aircraft, valued al S25 million, will begin charter service ToicnUi Rurope this and one fliiJhi a week from Vancou- ver ID London. The 747. together two Boeing wall enable Ward- air to offer 95.000 return seats :o Eurone this summer. Wardair will not bs ti.-iiii; the Boeing 747 from Edmonton this summer. Mr. Oir: TED ELL Wcgenvoort, Generol Eeny Crievrolef i Brunswick 1 Can N i 6.C-5 1.75 Cassis r 11.00 I.3J Chimo '--'-i rr.nv.VM 6.75 Cons. Riincif-r 3.85 Ccin _ '-1 Cocher.nur 1 Oil Cr.-ic'r on! Dichanr.on Mine? Dfni-O" W-ines 32.25 n-rsr Horn .06 D'Eidons .--5 Mines 89.50 Donslda Discovery A-V a.m. OuGttsl 1.25 765 "70 CAREERS SIMPSONS bears i Canada's fastest growing retail business lias opening for COMMISSION SALES PEOPLE in the Sewing Machine and Appliance Departments Preference will be given to those experienced and know- ledgeable of the above, or closely related area. We can offer you an opportunity for above average income and a wide range of Including a 37'5 hour work week. Apply in person to: PERSONNEL DEPARTMENT SIMPSONS-SEARS CENTRE VILLAGE MALL Grain qiuites MoncU High I-nw Max Slay MO SSI .ill S191-: I Oc! SIfl'z 500 Kov -HW 494 Raposced Vancnuvcr Jim 409 4 3M Sep JOi! Nov :i91 W-. Jan i liapcsecd Thuiuler Bay May 377V; .Ily' 3H01; Oct Nr.v Onls .May ll.i 114-s .fly" 114-.I Ocl JlO'a Dec Bartex May 1577s Jly Od 1S.V-.1 I'vi'.i Deo 151' -i. Huci-on F-SV M-S I t''- 7.ECS .'i' i.80 !.C3 26 1.75 .73 i.OO Pine Placer P.C. EXD. OucCcc Rflyrcct. Rio Aigon-- Roman Corn. ".H Gordon 16.50 Steep Reck T--k Corp. 3.6? Texmont Upper Canada ?.'0 1.7.5 WiMrcy l.n in1 Bear 3.SS "orH-nBC .07 INDUSTRIALS AKiiini Alcnn A'co Ir.d Atlantic Afra Ind Bti! Tcl_ J.-.P7': ir-'O H.50 BC FOI-V.I B.C. S'JCS' ?0.00 Bow V.I I Ind .'fl.'S CAE Inri IP-0'1 Ccl-i Rrp'.v Crl 5.--0 Cfllrary Po-.ver ?7 75 Coron Cr-irii! C.w.N. Gas ll.W Cdn Ind 1675 Crin Martoni --'0 Ccin Vickers i" fVl Chrvjler Gic-niiale Grt Cdn Oi! Grt Lakes Pp Gulf Oil Cda Hawker Sid i-l'jr i Eric Hiram walker Imp Oil Imasca Int NicKe! Int Pipe Int Ulii Ind Accept Loijrentide Kelly Dous Loeb A ,'.'-r-t Stores Mcor? Corp Wilsons A .Volsnns B Nacriurs North 4- Cent Power Co.-p Price Roth mans ci. i..av Corp Shell CDA 1" R71 S (10 Grp A Trans Wtn Pn Trans Cda PP Union Gar Union Oil .United Siscoe Mfq VVesteal Union Cflrb VVeston's B Woodward's A Crin Seed Zenith Elrr BANKS C ci n I n-. p Nova Scotia 7S 1700 Tor'-Don- f. 30 13.12'i a.i or, 15.12'; 75.00 51.75 39.00 .17.50 29.65'-.- 7.511 17.50 7.00 .1.75 S.50 18.12' 51.00 10. i i.'oo K.OO 19.10 53.50 13.7S 15.00 59 .'10 7.5.12': 26.25 15.50 7.83 6.50 H.OO 17.75 22.IT 7650 6.On 32.75 YorJ; stocks (Supplied By Richardson Sronriiios of Canada) 51 75 10.75 31.87' .16 on GuU Int Harvn Kpnn Ccp Montgom Ward Std Oil of N.J. Tcxii1; Gult 2 Texns Co. Wix Corp U.S. Tftle TORONTO AVERAGES 'j JO Itlds 215.18, off .07 Golds 273.31, up .3.T? 9ii 10 Met 98.30, off .55 71.7.S 15 West Oil 236.85. off 3.93 39.62' r Volume .1I.M' ?0 Rails off 05 27 37' 15 Utilit 107.11. ntf .OT 6h Stocks 287.26. Off 3.0J Volume NEW YORK AVERAGES 3'' inds 31 off Lethbridge Schoo! of Confinoinq C5S r1 j- .t- i i1 "ft E Phone 327-214: DEFENSIVE DRiViNG How ore your driving habits? Defensive driving is the professional that should end muM be practiced by every licensed motorist if we are tc reduce the number cf traffic accidents thct occur each year. For a period of eigbt hours (four, two-hour ses- s-icns! groups cf licensed, experienced, pri- vate motorists who wonl to improve their driving skills are exposed to the techniques of defensive driving. Subjects So be covered include: Prevenfability cf Motor Vehicle Acciden's Principles of Defensive Driving Situations of the Two-Car Crash Standard Accident Prevention Formula Prevention of Run-Off-Road Accidents Driving the Expressways Backing, fixed Object and Grade Cross- ing Accidents Alcohol, Drugs and Driving Pedestrain and Bicycle Safety Successful participants will receive c wcllet certificate which will give merit points under the Alberto Driver Program, and may qualify tor reduced premiums in auto insurance, IIMIT6D TO 25 ADPLICANTS 4 MONDAY EVENINGS Starting May 7 p.m. Fee Instructor, GORDON SHEEN pi. K v. KZ. [j i, L a u. APPLICATION FORM PIEASE COMPLETE THIS FORM AND NAME RETURN IT TO: Mr. .Vus. Miss riors -3 ration