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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 2, 1972, Lethbridge, Alberta Miscellaneous line sets sreen Calgary, Montreal (Supplied hy Uohcrly, McCualg Limited) LAST DID Oil SALE j a.m. Quotes) A.m. Quotes) a.m. (CP) Th Supreme Court of Canada Jack Alley, counsel for lh( railway, was commenting on C? haul coa! from the Crows Nes Industries Ltd, mine near 1 liver coal to the U.S. border, where it would be taken over by Toronto slump cc TORONTO (CP) Industrie Issues on the Toronto stoc market plunged sharply lowe as prices in most sectors regis tcrcd declines in moderate mid morning trading today. The inlustrial index lost l.K to 197.97, base metals .07 tc 9647 and western oils .27 tc 21G.17. Golds were up .86 tc 182.41. Volume by 11 a.m. shares, up from 4S1.00 at the same time Monday. Declines oulnumbered ad vances by more than two-to-on 161 to 74, with 209 issues un changed. Banking, beverage, commum cation, oil refining, mtinues steel and industrial minin t stocks suffered severe decline as 16 of the industrial index's 1 sub-groups moved lower. Rea estate issues edged fractional! higher. Among industrials, Bank o Montreal lost to 521, Slelco 3, to Genstar to Inco 'A to Imperia Oil J, to and Royal Bank Va t Westcoast Transmission fe to S29, Rio Algom Vt to Pan Oclan to S12V4, Numa to Hudson Bay Minin HB to 523% and Canadian He serve Oil and Gas 15 cents t 54.85. Erie Diversified A was up V to 510V4, Bethlehem VI to Asamera Vt lo General Dis tributors Vs lo Falcon bridge Vt to JBl'A and Kap1 Transport to ?10Vi. MONTREAL or the Montreal slock market con tinued a downward trend lodaj as all sectors declined in ligh midday trading. On index, industrials were down .30 to 203 SB, utilities .23 tc 161.58, banks 1.51 to 266.12, pa pers .30 to 04.31 and the com pnsile .46 lo 202.17. Combined volume on the Ca nadian and Montreal stock ex changes at 11 a.m. was shares compared with shares at the same lime Mon day. Among leading losses on the MSB, Dominion Stores was down to Financia Collection ?i to and Royal Trust to off 14 each were Bank of Montreal at Hudson Bay Mining at and Placer Development at In MSE gains, Fulcrum Investment was up to Dominion Glass lo S14V2, Dominion Textile Vi to S26% and Molson "A" Vi to 52Hi. On the Canadian Stock Exchange, Pacific Nickel Mines was off 10 ccnls lo 67 cents on shares traded, Williams >eek Gold five cents lo on shares, while Jamex Explorations rose 9VZ cents to cents on shares. NEW YORK CAP) Stock market prices strengthened omewhat today after declining arlicr in the session. Trading vas slow. The Dow Jones average of 30 ndustrials, which had been off early points earlier, was up at 943.86 by noon. However, eclines on the New York Slock Exchange led advances 3 to 2. Among Canadian stocks, Alcan dropped U to Me-nlyre Porcupine losl 'i (o Vi nd Genstar was off a( On the American exchange, irascan was off at and 3reston picked up VB at 5.3! Hud Bay Pfd 50.00 Invest Gr P 6.7B 7 Alto East Gnl 7.45 Huqh Russe 1 3B.25 Invest iViulUfll 12.15 13 Asnmera 19.75 Husky Oil 16.12'A Mutual Ac 5.B3 6 Ashland Husky Oil B Muluol 6r P 10.79 11 DP Oil Gal 5.20 Husky Oil War 5.10 Nat Res 7.19 7 Can South 7.00 Inter Prov PJpa )4.37Vi N W Fin 5.06 5 Cdn Ex Ga, 3.30 Inler Prov Sleel 1050 r'w.Grl Cdn Homcsld 7.10 Kaiser Res 3.eo Gr J can Ind Gas Oil 1.UM 1C Pelt 32.75 7 n! can Super 40.62'A Rainier Un led Ac Cdn Long U .57 Eandwcll J.35 Charter 5.00 West Seed 6.75 varaiuerd 10.70 11 Chltllan 10.00 While Y'.'fcon 13.50 Vent 7.5] B Dome Pelt 35.00 Westlield 1.52 VANCOUVER Gl Plains 32.00 CALGARY MINES Gt Cdn Oil fl.25 Acroll .50 Afton 11 87 a Lochiel 1.55 Barons 01 .03V3 Anuk .IB 6 North Cdn Oil 5.55 Madison .15 Atlas Explor .52 5 NumBC North Conl .07 Bath Norss -S5 1 Pancdn Pels 15.25 Wesl Warner .5] Bfenda tm ocean 1200 PIPE LINE STOCKS Brycon .30 1 Petrol t.lB Alia Gas A 5350 Churchill Copper .75 Plnnacb W.OO Alia Gas Pld 72. Croyden .13 Place Gal M Alia Nat Gis 20.00 Ranqcr la. Inland Nal Gal i? f Scurfy Rrlr, 14.62V, N and C Gas 13.00 Spoonsr .BB N ?nd C B Ptd SB.OO HJ Selheni 9.60 Pacific Trans 12.75 jjj Total 6.15 Gsz Meiro 5 is Ulster 1.32 Trans Cda PijM 00 pyramid '-17 8 w. Decalla Trans Cda B at 00 silver Standard 138 D Wesl Fele lo.UVi Trans Cdfl A 79 00 Trojan .28 MISCELLANEOUS Tran5 cda War 13-50 Valley Cooper 8.5Q i INDUSTRIES WC Trans JB.B7H WC Res .07 1 Aaualaine 21 75 wc Trans Wl- 10.00 INDUSTRIALS Brinco j'js MUTUAL FUNDS Block Bros 3.1J rrin Drew R 1515V, All Cdn Com 857 9.37 B.C. Sugar 1962 c rS p.Vm, Tnu S'ir All Cdn Divld 9.57 10 U Cant Inter 5. 87 rrtn P.c ir nv Ml! Cd" Vmt CrcstWcok F Ind 4.00 i can MaciFic inv Qr p i 8B 7 56 Hvs 305 L. Crowsnesl Ind 29.00 AGF Specla Brew Cygnus A 5.62% Cdn Invesl P 5.00 5.J0 Key Indusl .36 Cygnus B fi.m Co) v.utua a.48 7.51 Pacific W Air 19.50 Falccn Copper 13.00 Cmnw ntcr 14.41 Stampede InH Res 1.16 Genslar 1-J.50 cmnirV Lev 3.69 OILS i Home A 31.25 Corp In St F 5.3B 5.77 Albany Oil .54 Home B 31.25 Dreyfus F U.S. 13.40 14.69 Plains Pete .33 Hud Bay Co 17.50 Gr In Shares 4.02 4. 4 3 West Explor -1? Toronto mmes, industrials (Supplied By Richardson Secnrllies of Canada) LAST BID OR SALE a.m. Quotes) a.m. Quoit si m -.00 a.m. Quotes) MINES Osisko .74 Dofasco Acme M Pine Pont 34.50 Cable 17.00 Advocate Asb. l.BO Placer Dev. 39 Fd of Amer 48.00 Akallcho .50 P.C. Exp. 3.35 Gl Cdn Oil 630 Bralorne 2.60 Quebec Man Gen Molars 3975 Broulan .25 Rayrock 1.17 Gl Lakes Pap 1715' Belhlchem 30.25 Radlore 30 Gulf Oil Cda 5fl 50 Brunswick 4.30 Rio Alaom 17 75 Greyhound 18.75 Canada Tung. 1.50 Roman Corp. 7.95 Hawker Sid 275 Cassiar 17.00 Shcrrlfl Gordon 14.8716 Huron, Erie 30.25 Central Pat. 1.50 Silver Ml ler Hiram Walk: 42.75 Chlmo 1.01 Steep Rock. 30? Imperial Oil 32.12' Conwesl 7.70 Tek Corp. 5.35 Imasca 21.37' Cons. Rambler l.BO Texmonf J8 (nl Nickel 32.00 Coin Lake .09V2 Upper Canada 2T10 Int Pipe 31.37' Cochenour Weslern Mines 4.00 Inv Gp A 937' Craigmonl B 50 Wright Hargrcaves 1.15 Inl Ulllllles 46.00 Denlson Minei 33.15 Willroy 1.72 Indusr Acepf 19 62 A Deer Horn .07 Windfall .09 Laurenticle UOO D'Eldona .61 Yellowknlfe Bear J.55 KElly Doug A 5.B7' Dome Mines Zenmac ,15'A Loeb 3.BO Aldona .50 INDUSTRIALS Loblaw A 6.75 Discovery Mines .95 Abltlbl Melrn Slorea 1B.75 Fnsf Malarlic 7.30 A'can 21.75 Massey Ferg East Sullivan 2.8? Algoma Sleel 13.75 McMillan Bloe Falconbridge 81.25 Ako Ind Moore Corp Frobcx .28 Allan Sugar 655 Molsons A 31.50 First .8S Agra Ind 13.75 Molsons B 21.75 Giant Y.K. 7.80 Bell Tel 4.1.50 Norlh Cent 12. Bovls 2.00 Brazil Trc 23.13'A Power Corp 975 Granduc 4.0S B.C. Tel 63.50 Price Co e.OO Headway R.L- i.OO Burns H.75 Rolhmens 19.00 Hollirger 4300 D.C. TcrcT St Law Corp 25.25 Hydra Ex. .18 B.C. Sugar 19.75 Shell CDA -f 3.1 7V Iron BOY 355 Bow Valley Simpson's 3d. 35 50 2.15 CAE Ind Simp Sean 3750 Joliel Quebec .2B Cdn Brew nF Cdn 30.00 Kerr Addison ?.60 Chemcell J.BO Selkirk A 21 .37 'A Key Anacon .27 Col Cellulose 2.00 Teyaco Labrador 42.00 Cal Power 25 12Va Traders Gp A 17. 61V LGke Share 2.50 Coron Credit 1.20 Trar.s Mln Pp Langis Silver .07 C.W.N. Gas 1? 00 Trans Can Pp Madscn R.L. .66 Cdn Indusl 1555 Union Gas 1-J.37V' Malarllc G F. .62 Cdn Marconi 325 Union Qit 43.50 Marlin McNeely .07 Crln VickPrs 11 50 vfE3lMe Mrg 4.50 Maclntyre is 00 Chrysler 3i DO Wesleel 20.00 Mcta CPR Unlon Car Midrim .16 Comlnco 28.75 wKlon's B 19.75 Inlern Mogul 10.00 Cons Balh 950 Woodward's A 27.50 Nu west Homes cons Gas IB so West cdn Sd 6-B7'-'a New Alhona .12 C'ln W N Gas 2600 ZenMli Elcc 2. BO New Catumst .32 Dlsf Sea 33.25 BANKS W. Horse Copper 2.52 Dom Bridgo Can Imperial 57.37Va Noranda 37 50 13 DO Montreal 21.50 x i> 26.00 Nova Scolla 39.75 Norlhgale 35 Dom 15 Royg[ .32 Dome Pele Tor-Dom 32.50 Neiv York stocks (Supplied By Richardson Sccnrilica of Canada) Amr T and T 43.00 Scirs 10B 30 Soldi 181.0! oil J7 Anacmds 19.50 Sid Oil of N.J. 70.00 10 Base Mel 96.J3 off .31 Beth Sleel 31. l2Vi Texas Bu f IIB.DD 15 W Oils 21J.13 olr 1.31 Chrysler 33.B7V] Texas Co 30.35 ucw vnok- Comsal 4300 Wickes Corp 5075 NEW YORK AVERAGES 741.25 JO 00 30 Indust 9J3.JO up 1.12 GM 73.25 Weslinahouse Elec 50.25 20 Rails 256.7? ofr .07 Inl Harvester if IM J'5' S'" 31JS 110-" UP Kenn Copper 33.63' TORONTO AVERAGES 85 slocks 331.74 up .37 Mcnlgomery Ward 2B 67V3 3D Indus! 19fl.0i oil 1.03 Volume the Koolenay and Ell Railway "Uie green lighl" I build its controversial line frorr the Crownsnest area of Brills] Columbia to the United Stale border, the company's lawye said decision handed down In Ottawa Monday in whicli the cour ruled that the Canadian trans port commission had erred in e major point of law when It re jectcd the railway's hid a year ago to build an 60-mile line B.C., lo Ihe BurlinRto Northern Hallway In the U.S. The commission had ruled th Koolenay and Elk was nol common carrier because would carry only the coal of it parent company, Crows Nes1 and th-it the Railways Act pro hlhlts a common carrier, in thi case Burllnglon Northern, fron interchanging traffic wilh company that is not a commoi carrier. The court, In a six to Hire decision, found the commissioi had interpreted Ihe act in to restrictive a manner. "This gives us the green ligh to go said Mr. Alley I'l: said the transport commis sion now must reissue the order, granting the Kootenaj and Elk application. He said he was not certain how this will be done. "No one seems to be sun about the correct procedure." MANY LOOSE ENDS Mr. Alley faid there are "i whole lot of loose ends to be tlec up" before work on the line car begin but that it would be leasi He to have the job completed ir a year. The line would be used lo Burlington Northern for shipment across the northwestern e U.S., then back Inlo Canada to a the deep sea port at Roberts Bank, south of Vancouver. s The Koolenay and Elk appll-, cation was opposed by CP Rail, which already hauls coal be-s Iween B.C.'s East Koolenay re-i gion and Roberl.'i Bank, j CP Hail lias conlended that Canada could lose more than million in wages and tax 3 revenue over ]5 years should the Durlinglon Northern Interchange arrangement be allowed. In Seattle, a Burlington Northern spokesman said an agreement could probably be renegotiated if Koolenay and Elk decides to submit its application again. Burlington still would have lo build track north to the rlian border if the deal went through, said the spokesman. The exacl routing of Ihe Iracka would be a mallsr for negotiation. At present, Burglinglon has no definite plans or proposals and is simply wailing for developments In Canada, said the spokesman. c CNI pret FERNIE, B.C. (CF) M Bruce Pepper was elected Mon day as president of Crows Nes Industries Ltd. by the board of directors following the com pany's annual meeting. He succeeds William tident Prentice, president since 196 who announced his reliremen after 33 years service wi CNI. Mr. Prentice will continu as a director. Pepper, 41, joined CNI In 196 as vice-president finance am was named vice-president anc general manager last year. H is a chartered accountant. Crows Nest Industires Is 75-year-old firm with extensk coal land holdings and fore product operations In the Eas Koolenay area of British C lumbia. It also has oil and ga interests. Forest products currently a count for 85 per cent of annua sales. Profits for 1971 were SI as compared with a los of million in 1970. CNI sold its coal operations and a large block of land Kaiser Resources Ltd. hi 1% but subsequently has been ac live in acquiring and providin up new coa holdings in th East Kootenays. No sales contracts have ye been arranged for the up zinc prices NEW YORK (AP) Five foreign companies have raised heir prices of zinc above Jnited States levels to 19 cents a pound in response to reported shortages in the metal. Most American producers are selling zinc at 17 or 18 cents a )ound under price commission Juidelines. Rising demand and the clos-ng of zinc smelters unable to meet poDution control requirements have led to some shortages, observers said. However, ic situation may soon ease with the passage of a law Friday permitting the immediate sale of U.S. government stock-liled zinc on the open market. This would be the first such sale since the Korean War. On Friday, three Canadian rms Cominco Ltd., Hudson Bay Mining and Smelling Co., and Noranda Mines raised zinc prices one cent to 19 cents a pound. This action was followed by EZ Industries Ltd. of Australia and Cerro de Pasco ?orp., a Peruvian subsidiary of Cerro Accuse motor firms DETROIT (AP) Officials o General Blotors and Ford Moto Co. deny charges in a federa indictment accusing them o firing prices on automobile flee Bales. A federal grand jury, conclut Ing an invesligalion contended Monday that "price of automobiles in the fleet mar ket have been raised, fixed anc maintained at artificial and non-competitive levels." ft charged the two auto giants with conspiring to fix prices am with attempting to maintain a monopoly in (he automobile fleet-sales market. The "accusations in the in dictment are not Ford Motor claimed. The charge have "no basis in sale GM. The National Aulomobile Dealers Association and the largest aulc-lcasing company Oeterson, Howell and Ilcathei Inc.. were named as co-conspir ators, but were not indicted COULD BE FINED Bolh GM and Ford face fines on each count. The charges were filed with a 12-page companion civil suit in U.S. District Court in Detroit by the anti-trust division of the justice department. The fleet-car market consists of large-volume automobile purchases. It accounted for about 12 per cent of the new cars registered in the United States in 1969. About one million autos valued at approximately were sold or leased that year in the fleet market. According (o the indictment, GM and Ford now account for about 75 per cent of that market. The civil suit asks for a permanent injunction against any continuation or renewal of activities to eliminate fleel-market will on liquor, w EDMONTON (CP) A deposit will be required on li quor, wine and Imported beer bottles under an amendment to (be Beverage Containers Act which received approval in principle in the legislature. This means they will join soft drink containers and beer bottles which now are returnable ror refunds. John Ashlon (PC Ottewell) said soft drink containers are only part of the province's litter required nc bottles Including liquor, wine and imported beer bottles under the act would not only reduce the lilter problem, but also make the act credible to the public, he said. It was a case of "pulling your money where your mouth is." The government was looking after the problem of soft drink containers but ignoring products sold by a government department, the Alberta Liquor Control Board. report Calgary livestock CALGARY (CP) Receipts on the Calgary livestock to 11 a.m. today were head, mostly slaughter steers and cows. Trade was strong and active. Slaughter steers sold fully teady to 25 cents higher with prices to 37.70 highest on ecord at Calgary. Heilers were in short supply vith choice kinds scarce, bu all grades sold steady for quality. Cow trade vas unevenly steady to strong in spots with sales of good con-s to 28.70. Bulls steady. Choice steers 37 to 37.70, good 35.75 to 36.75, medium 34 to 35.50. Choice heifers 34.50 to 35.30, good 33.25 to 34.25, medium 31 lo 33. Good cows 27 to 28, medium 25 to 26.50, earners and cutters 20 lo 24.50. Good bulls 27.50 to 29. Replacement cattle were scarce and mainly steers in the heavier weight range, selling at steady prices. No stock steer calves were olfered. Stock heifer calves sold steady. Good feeder steers 750 pounds up 35 to 37, good feeder heifers 31 lo 33. Good stock and [eeder cows 23 to 29, good stock heifer calves 35 to 37.50. Hogs average base price pri Winnipeg Grain WINNIPEG (CP) Rape eed prices moved lower in a relatively quiet trade at mid ession on the Winnipeg Grain Exchange today. Local anc commission houses traded on loth sides of the market anc invited exporter buyers in tha ommodity met moderate ledges. Flax prices were fractionally ower in a quiet trade and oth r commodities were feature-ess. Volume of trade Monday was bushels of flax, no of rapeseed and o rye. Mid-session prices Flax: May lower uly Vi lower 2.76'AA; Oct. Vi ower Nov. Vi lower Vancouver Rapeseed: June Vi lower Sep. 2Vi low-r 2.57V2; Nov. 2% lower 2.55; an. not open. Thunder Bay Rapeseed; day 1 lower July Oct. l-j> lower 52A; Nov. not open. Oats: May unchanged 69A uly not open; Oct. unchanged Barley: May review 1 July not open; Oct. unchanged'.SB. Hyc: May unchanged July unchanged Oct. lower 1.01-lsA. High Low Close Flas May 276 275H 276 Jly 276ft 275 276'i Oct 27C> j 275T4 Nov 2753i 275 Rapescrd Vancouver Jun 2G53i 265'i Sep 2COsi 2593i Nov 25814 258 257% Jan 253 Rapesrrrl Thunder Bav May 2575'8 254 V4 255% Jlv Oct 253% Nov 253 Oals May 69 69 Jlv 69 Oct 70 BarJpy By THE CANADIAN PIIESS Reitman's Canada Ltd., ents, May I, record April 15. Selkirk Holdings Lid., class nine cents, June 30, recorc une IS. Canada Steamship Lines id., pfd., cents, July 4, ecord June 9. Hudson's Bay Oil and Gas Co. Id., 30 cents, July 25, record une 30; series A pfd., 62V4 cuts, July 15, record June 30. Burns Foods Ltd., nine cents une 15, record May 15. Canadian Utilities Ltd., corn-on 50 cenls May 31, record ay 15; 6'i per cent second d. 31 cenls June 30, record ay 15. Silverw o o d Industries Ltd., ass A 20 cents; class B 20 nts, both July 3, record May Zenilh Electric Supply Ltd., ive cents June 15, record June Bank of Montreal, 21 cenls nc 1, record April 23. Electrohome Ltd., 37V4 cents ay 31, record May 15. [loyal Bank of Canada, 24 nts June 1, record April 29. Trust Co., 30 cenls May record April 26. IVeslinghoiisc Canada Ltd., '.2 cents June 15, record h BRISBANE (Reuler) Ev-erjlhing stopped in the town centre at Yeppoon when an Australian army pilot called to collect his clothes from a dry-cleaning shop The pilot landed his helicopter just off the main street of Yenpoon 500 miles northwest of here. He casually strolled into the nearby shop and picked up his jungle green uniform, lie took off just as the police arrived. BuL it may be some time before he flies he has grounded pending an army the News soon. Offocials a t WJLB radio w here Ihe "good news" will be heard at 5 p.m. Monday through said the slalion is Irving to give Detroilers a more "positive" image about their 10914 Oct niH ill liui Rye May 103' 4 102 Jlv JM'i lOS'-i Oct lOl's 101ft 10114 prices EDMONTON (CP) Aver-ge prices to 11 a.m. provided >y the Alberla Hog Producers arkeling Board. Edmonton: 20.10, average onday 20.93. Deer: 29.05, average onday 28.86. Calgary: 29.10, average Mon-ay Lcthbridpe: nil, average onday Lloydniinslcr: Nil, average onday 28. '17. Grande Prairie: Nil, APPOINTMENT 111 B B G. K. Bresee, PAg., MBA IIP Bank of Nova Scnl.ia an-ounrrs Iho appointment, of K. B reset; ;is ManapcroC 10 Agricultural Department, IbiTla Region. Mr. Bresce, will be located at, tha lliprla Office in nlfiary, was raised on ft farm I'oiiuka. lln obtained his .So. in from tlia of Albcrl-a in 1067, nl reeriit lv co in pie tod the MiA program n( the y of JU'. Hi-fore joining he Hank of Nova Scotia, Mr. resec srwr.'il years wilh ilio 1'arm Credit orpnratinn in boih Alberta. nJ fbr Maritime- rrpinns: Ilo member of (be1 Alberta. isli Iho ppraisil I nsl it lid- of Canada. I'.rr.-i'r's appointment is in wilh Ihe Hank's cun-n ellorls In improve and pand ilsscrviu's to Canadian nncrs. MWfWip ByGene WAR DEATHS NEW DELHI (AP) A de-ence ministry report says nearly twice as many Pakistani soldiers as Indian troops were dllcd during the two-week war ast December: Pakistanis and Indians. Tlie report hows Pakistanis Bounded, compared with ndians. It says India holds Pakistani prisoners of var and Pakistan has 504 In-iian to patrol NEW YORK (AP) The po-ice department said Monday at 17 of the city's 322 police-omen are starting eight weeks special training lo prepare emselves for regular duly in alrol cars. The Iraining at the olice academy will prepare ach policewoman to join a pa-olman as in every nse of Ihe word on radio otor police headquar-rs registers record profit DETROIT, Mich. (AP) -General Motors Corp. announced here its first quarter profils were a record SG5I million, compared with SG10 million for Ihe EMBER THE LOS CABIN CONSTRUCTION TOY FOR KIDS? -NOW THEY HAVE REAL ONES FOR ADULTS WHO LOVE THAT FUSTIC LOOK. THE KITS COME WITIJ PflE-CUFLOfiS ANDOTHER FARTS CODED FOR EASY CON-STRLJCTlOM.PLUS BLUEPRINTS AMD AN INSTRUCTION Monday 28.13. Kairview: Nil, average Mon-y 2IU5. Tori Macleod: Nil, average nnday 20.95. Total hogs sold Monday, ,737, average 28.85. Sows ave'r-ge SEBASTIAN, Spain (Reuler) It was Ihird time lucky for passengers leaving liere on a flight to Barcelona. One of Ihe four engines on Ihnir aircraft burst into flames just before takeoff. An-nlher plane was found, bill as it rolled on Hie nimvay, a lire burst. They finally left in a thin span of last year. GM said it had "no plans to adjust our 1972 model although Ford Motor Co. announced it was rolling kick-prices on some models when announced Wednesday that its firsl-qiiarler earnings of S252 million also were an all-time record for any quarter. GUI said its 1972 car and ;ruck prices arc compelilive, 'considering (he combinalion of value and price." and its profit wilhin Ihe U.S. government's -ice commission guidelines. j At the same lime, Ihe com- j pany strongly suggested it plans o boost prices for 1973 models, a y i n g government-required j a f e I y and emissiou-conlro] j iiniong oilier tilings, vould add lo ils cosls. j GM's first-quarter profits were equal to n share, compared with last year's S2.12 for the first quarter. The old quarterly record of million set In when GM up Ils record profit of i-2.1 billion. OR SELLING CALL FRENCH I 1 CATTLE SALES J FAT AND FEEDER CATTLE SALES I WEDNESDAY AND FRIDAY AT A.M. H 1 I SSK SPECIAL STOCK CALF AND FEEDER SALE H fj FRIDAY AT P.M. M fii hires WINNIPEG (CP) L vc ecf (nliircs close Monday. May 3RM; Jly 35.30B; >cp KaNGfFPOMA 340-SQ.FT. MOOEl. TO 1 3-BfDKOOM- t Z-BATH NEWS PLANNED DETROIT (AP) A radio stalicn has decided to present five minutes of "good news" five days n week volume: 10 SLAUGHTER HOGS FEEDER HOGS H f 1 A CCCUDI En and tirj j 1 ASSEMBIED BABY CALF 1 1 EverY Monday ol p.m. H j 1 EXPORTERS OF SLAUGHTER HOGS m n 1 Excellent Facililiei For Feeding and Loading Hogi Hj AUTOMOBILE SALESMAN Progressive dealership handling complete line of Ford cnrs and trucks, invites applicalions from competent professionals to fill wo vacancies on their small, wcll-l rained soles union officers named Ilurkill f Medicine Hat. has been lee cd president of Ihe Credit 7nion Federnliou of Alhcrla, ic fedratiou announced here. Among other lop posts filled a federation meeting were S. Tohey, Kdmnnlnn, ce-presidenl: M. .1. .Jukosky, old Lake, second vice pres-en and Kirlc Allen, Cal-iry, cxcculivo CONSIGN AIL YOUR LIVESTOCK TO C. E. FRENCH LIVESTOCK LTD. B IN THE HEART OF CANADA'S RANCHING COUNTRY j' 1 Alberta Stockyards Phono 327-01 01 -Res. 328-3986 i' I P.O. BOX SS 1-1-7 IETHBR10GE M I Ed French 328-3986 Ken Miller 758-6607 Magrath k 1 Lou DoJager 327-9546 C.W. Henninger 328-7354 Dnn Klcmen 345-4358 li 1 LIVESTOCK COMMISSION AGENTS ORDER BUYERS EXPORTERS BY PROFESSIONAL, WE REFER TO A STATE r OF MIND, RATHER THAN EXPERIENCE IF you liovo a rncord of accomplishmcnl, and oro challenged by llic concept of conlribuiing to iho furlhcr growth of n 300 to 400 nnw cor operation, In fntililiei which Hominnlo their rural locolion, we offer unique opportunities wiih obovo avcrago earning pclonlial. Rrpfy qiving complofd rcaiime lo C BOX 8P IETHBRIDGE HERALD ;