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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 12, 1973, Lethbridge, Alberta 12 THE IETHBRIDGE HERALD Saturday, May 12, 1973 Livestock market report Ottawa Livestock OTTAWA (CP) The num- ber of cattle and calves sold for slaughter at the 10 public stockyards from Monday to Thursday this week dropped 500 to head, the agriculture department reported Friday. Prices for all classes of cat- tle, hogs and lambs were gen- erally steady because of good demand. Wholesale meat prices were uneven; western sled's sold between to for 100 pounds in the west and between and in the east. Heifers, similarly, sold in the west at to and in the east at to Prok bellies sold from to higher in the west at to S55 a hundred pounds. But they slipped to 83.25 lower in the maritimes at On the markets, top quality steers traded actively with prices running from, steady to 50 cents higher. Heifer sales fol- lowed the same trend. Feeder cattle and calves of- fered for sale dropped 100 to head daring the week. Prices, as a result, stayed steady. Spring lambs sold for a hundred pounds at Edmonton, the only market where any were traded. Slaughter cattle, steers A-l and A-2: Calgary 42.75-44.20; Edmongon 43-43.50; Saskatoon 41.50-43.40; Winnipeg 43.50-44; Toronto 43.50-45; Montreal 42- 43.75. Heifers, A-l and A-2: Calgary 4075-42; Edmonton 39-40 Sas- katoon 39-40; Winnipeg 40.50 41.50; Toronto 42.50-43.50. D-1 and D-2 cows: Calgary Consulting firm hired for egg marketing study EDMONTON (CP) A pri- vate consulting firm has been commissioned to study egg marketing in Alberta. Agricul- ttircr Minister IV Hugh Hom- er said Dr. Homer said Kates, Peal, Manvick have been engaged to ascertain whether the prin- ciples and objectives of the present egg marketing quota sjstem. established by the pro- vincial egg and fowl market- ing board in 1969, still are rele- vant. The minister said he wants the consultants to evaluate the present quota system to find out whether it provides for a balance between the supply and demand for eggs so that consumers are assured of rea- sonably priced eggs and pro- ducers are assured a fair re- turn for their investment. Dr. Homer said he also a quota system that will "adequately reward the effi- cient producer, but that will not discriminate against the small producer.'' Any weaknesses in the pres- ent system will be corrected 'o "strengthen the position of Al- berta's egg producers in the re- cently formed Canadian Egg Marketing Agency." He said the consultants w work with the Agricultural Products Marketing Coun- cil, the Egg and Fowl Market- ing Board and will have direct contact with producers and oth- ers involved in egg marketing. Beef futures WINNIPEG fCPI Live beef futures close Friday. May 43.60A; Jly 43.20A; Sep 41.80A; Nov 41.10N. Friday's volume: Four con- tracts. THE STOCKMEN'S MARKET 300 TO 500 HOGS SELL tit 1 p.m. ALSO -DAIRY COWS -BABY CALVES -SHEEP SPECIAL FOR. TUESDAY, MAY 15th 10 BABY CALVES Market Hogs Shipped Daily YEARLING FEEDER AND FAT CATTLE AND CALVES Thursday 1 p.m. 800 HEAD 800 LAST CALL BULL SALE WED., MAY 16 100 BULLS Including: 55 CHAROLAIS Two year old and yearlings. 7s to Purebreds including 28 large yearlings from the Midland Test Station at Billings, Montana. 20 SIMMENTAL Limousin and Brown Swiss yearling and 2 year oldi 3 HYTESTER BULLS GIGANTIC CONSIGNMENT EQUIPMENT AUCTION SAT. JUNE 9th 10 a.m. LISTINGS NOW BEING ACCEPTED For information contact TONY VIRGINILLO Phone 345-4291 PLAN NOW TO ATTEND THIS SPECIAL SALE! WEDNESDAY, MAY 23rd, 1 P.M. CAN-AM CHIANINA SALE Approximately 100 lop quality CHIANINA HALF BLOOD CALVES AND DAMS AT THE AUCTION MARKET LIST YOUR FARM SALES EARLY AND BE ASSURED OF A GOOD SALE DATE. FERLICH BROS. AUCTION MARKET LTD. located in the Hub of Southern Alberta's Livestock Industry 3 miles east of Lethbridge on Highway 3 and mile joufh BOX 1057, LETHBRIDGE PHONE DAY OR NIGHT 328-3951 33-35; Edmonton 32-33; Saska- toon 33.75-35; Winnipeg 35-36.50; Toronto 34-35. Slaughter calves, good and choice veal: Edmonton 50-58; Saskatoon 51; Winnipeg 80-73; Toronto 45-63; Montreal 61-66.50. Feeder steers over 750 pounds: Calgary 40-45; Edmon- ton 38-45; Saskatoon 41-45.50; Winnipeg 40-45; Toronto 40-45. Feeder sieer calves 401-575 pounds: Calgary 45-51; Edmon- ton 45-57; Saskatoon 46-54.75; Winnipeg 49-52; Toronto 47-55. Good lambs: Edmonton 38. Index 100 hogs dressed: Cal- gary 41.65 43.10; Edmonton 42.1'j 43.35; Saskatoon 41.65- 42.40; Winnipeg 42.85-44.30; To- ronto 48.50-50.85; Montreal 43.50- 44. Lethbridge Livestock Sa'cs Monday to Friday: 35 slaughter cattle: 475 feeder animals; hogs and 86 lambs. SLAUGHTER CATTLE Al and 2 Steers 42.75 to 43.60. Cows Dl end 2 34 to 35.50; D3 31 to 33; D4 28 to 31. REPLACTMENT CATTLE Good feeder steers over 750 Ibs. 42 to 45.10; good feeder steers under 750 Ibs. 43 to 49; good feeder heifers 42 to 45.40. Good s.ock steers caHes ov- e- 400 Ibs. 49 to 55; good stock steer calves under 300 Ibs. 60 to 64; good stock heifer calves over 400 Ibs. 43 to 47; good stock heiter calves under 300 Ibs. 50 to 54. HOGS AND LAMBS Butcher hogs sold this week at the Lethbridge Yards 41.85 to 42.60 base price. Weaner and feeder hogs strong to S3 per head higher. Weaners 17.50 to 25. Light feed- ers under 100 Ibs. 29 to 37. Bssvy feeders over 100 Ibs. 42 to" 55.25 all prices per head. Light feeders under WO Ibs. sold from 40 to 46 per hundred- weight. Heavy feeders over 100 Ibs. 32.50 to 41 per hundred- weight. Bred gilts 67.50 to 93 per head. Boars 80 to 138 per head. Good lambs 35. Perlich Livestock There -were head of live- stock sold this week at Perlich Bros. Auction Market Ltd. Re- ceipts included 653 cattle and 402 hogs. Cattle market was strong and active. All classes of cattle selling higher to local and outof-area buyers. Price quotations as follows: SLAUGHTER CATTLE Al and A2 steers 43 to 43.80; Al and A2 heifers None on offer; Dl and D2 cows 33 to 35; D4 cows 25 to 32; bologna bulls 35 to 39.25. REPLACEMENT CATTLE Steer calves 250400 Ibs 53 to 55.50: 400-500 Ibs. 50 to 55; plain quality steer calves- all weights 47 to 50; holstein steer calves 45 to 46 50; feeder steers under 800 Ibs. 46 to 49; over 800 Ibs 42 to 45.80; holstein and shortkeep steers 39 to 43.70; heifer calves _ 400-500 Ibs. 42 to 46.75; over 500 Ibs. 41 to 46; plain quality heifer calves 38 to 40; feeder heifers 39 to 42.30: feeder cows 30 to 35: medium cow-calf pairs 350 to 430. HOGS AND DAIRY CATTLE Market hogs dressed weight 42.20; good weaners 19 to 28; light weaners 11 to 19; feeders under 100 Ibs. 32 to 37; over 100 Ibs 42 to 47; bred sows and gilts to 160; baby calves 80 to 125; light calves 170 to 190. British consumers get butter subsidy Super seeder Pilot Roger Blackwood directs rapese ed into a bin on his Stearman biplane which he uses for seeding near High River, Alta. He has sown 500 acres in three hours, a task that would take 15 times longer fay tractor. The plane can sow 10 pounds an acre in a 40-foot swath when the land is too damp for surface seeding. However, the area seeded by air must be harrowed later to ensure germination. The plane carries 900 pounds of seed and travels TOO miles an hour. LONDON (CP) After much debate British consumers are to get a slice of Europe's "butter mountain" on the cheap, but skeptics suggested yesterday that the main beneficiary in the deal will be Prime Minister Heath's Conservative govern- ment. Under the scheme, butter sold after May 14 will be subsidized at two pence (five cents) a pound. In addition, vouchers will be issued to welfare recipients and pensioners per- mitting them to buy a pound a month subsidized at 12 pence (30 At present the price ranges up to 25 pence (63 cents) a pound. Thus, instead of butter prices going up as scheduled, they will drop a bit and then level off at the current level, the experts predict. Perhaps because the butter dilemma is more easily under- stood by the average shopper than other more complex prob- Canadians receive buy on foods --Whelan GUELPH, Ont. (CP) Pur- suing a theme he advanced Wednesday in Ottawa, federal Agricultural Minister Eugene Whelan said Thursday night that Canadians are getting "a good buy on foods." Speaking to banking represen- tatives at a one-week course at the University of said: Guelph, he After so many years of subsidizing the consumer with low food prices, the fanner is finally beginning to get a better return for his investment. Mar- kets are improving because de- mand for farm products contin- ues to rise." Statistics Canada reported Tuesday that food prices jumped 2.6 per cent between March and April. Mr. Whelan said the average Canadian construction worker makes a week while his counterpart makes in Eng- land, in Russia and in Japan. The average Canadian bank clerk makes a week while his counterpart makes in England, in Japan and in Russia, he said. At the same time, average food costs a week are in Canada, in England, in Russia and S39 in Japan. GOOD PRODUCER Dr. Whelan said the average Canadian fanner produces enough food for 50 people while his Russian counterpart only produces enough for three. "I know we can supply the needs of the people in our coun- try at a reasonable he said. Mr. Whelan urged bankers to offer increased financial sup- port to Canadian farmers, seek- ing to fill a worldwide demand for cereal production. Grain price review Winnipeg grain WINNIPEG (CP) Rapeseed traded on a narrow margin and closed down the daily trading limit of 30 cents Friday on the Winnipeg Commodity Ex- change. Flax rallied and was four to nine cents higher in the old crop. New crop futures remain- ed seven to nirm cents lower. Rye was an active trader at slightly higher prices and clos- ed two to Ps cents higher. Barley was unchanged to 1-1 V4 lower, while trading in oats was thin and only in the old crop which closed off lower. Thursday's volume of trade was bushels of flax, bushels of rye and bushels of rapeseed. Thunder Bay export wheat REGULAR CATTLE SALE EVERY AT A.IKI.K Don't be content to accept one offer home, cons'gn your livestock to us, where you are guaranteed to have the Auction Ring full of Buyers to bid on your product. 4fh ANNUAL HORSE SALE SATURDAY, MAY 12th at 7 p.m. NO SALE VICTORIA DAY MONDAY, MAY 21st Look forward to seeing you at the TABER. RODEO PRAIRIE LIVESTOCK LTD. PHONE 223-3921, TABER DAY OR NIGHT Auctioneer: JOHNNY CHARLTON lie. 293 Sales Manager GARY JENSEN prices were all down cent. Grain quotes Friday (basis High Low Close Flax May 556 540 556 Jly 543 529 542 Oct 5093A 504 505 Nov 483 491 Rapeseed Vancouver Jun 397'i Sep 400 395 Nov 390 385 Jan 384 379% 395 385 388 Rapeseed Thunder Bay May 399 3J Jly 391 Oct----- Nov Oats May 388 368 Jly Oct Dec Barley May 166 Jiy Oct Dec Rye Jiy Oct Dec 116% 165'i 16138 164% 163% 156% 156 15914 153 116 108Ts 166 151 Vs 157'4 155% 157% 1607g 164'A 16214 Taber Livestock Trade was active on a steady market. Butcher heifers up 25 cents, cows steady, year- ling feeder steers steady, heif- ers up 25 cents, steer calves 50 cents stronger, heifer calves steady, all classes of hogs sold strong to higher. Good to choice butcher steers, none on offer. Good to choice butcher heif- ers, 41.40 to 41.90 fair to medi- um. 40 to 41.25. Good cows, 35.20 to 35.70: fair to medium, 33.50 to 35; feeder cows, 35 to 37.50. Good yearling feeder steers over 750 IDS., 44 to fail- to medium. 43 to -14. Good yearling feeder heifers 42.50 io 43.50; fair to medium, 40 to 42. Good steer calves, 400 to 500 Ibs., 51 to 53.50; fair to medium. 46 to 50. Good heifer calves, 400 to 500 Ibs., 44 to 47; fair to medium, 41 to 43.50: Charolais Cross heifers to 53. Weaner hogs, 23 to 26.50; bred gilts, 85 to 137.50; light feeders. 30 to 39; heavy feeders, 40 to 64; baby calves, 110 to 160. "Opportunities for Canadian farmers are looking brighter by the day. When the fanner's out- look grows, the economy grows. When the farmer's cash flow increases, the effect rip- ples into the surrounding busi- ness community." Bankers are gaining con- fidence in farming, Mr. Whelan said, but added that they are still too cautious when consid- ering applications for loans un- der the Farm Improvement Act. Responsibility for troubled ARR switched EDMONTON (CP) The minister who has described the Alberta Resources Railway as a line nobody wanted takes re- sponsibility "for the troubled outfit under a bill introduced in the legislature. The bill switches responsibil- ity for the wilderness railway to the minister of industry and commerce from the provincial treasurer. Fred Peacock, minister of in- dustry and commerce, said re- cently that the which so far has cost the prov- ince about million and has a debt growing at million a year offered for sale to the CNR and CP Rail. The best offer was mil- lion. Under the bill, more govern- ment representatives will sit on the board of directors of the provincially owned railway. The board is expanded from five members to nine. Under existing legislation, the provincial treasurer and four other directors appointed by the cabinet make up the board. The new board would consist of the minister of in- dustry and commerce as chair- man, the provincial treasurer as vice-chairman and the dep- uty provincial treasurer and six other persons named by the cabinet. Medicine Hat, Brooks grain prices stronger CALGARY While Medicine Hat-Brooks grain prices were slightly stronger there was lit- tl change reported from oth- er areas. High bids around Lethbridge remained wheat 1.75 oats 85 and barley 1.11. Some wheat offer- ed at 1.65. The Medicine Hat Brooks district report bids of wheat 1.95 oats 85 and barley 1.10 with lit- tle grain being offered.. The Calgary reporter advis- ed bids slipped on wheat to 1.80 oats 80 and barley 1.05 with no offers. No prices available from Red Deer. High bids from the Vermil- ion district are wheat 1.70 oats 85 and barley 1.15 with barley offered at 1.10. The Edmonton area reflect- ed little change with wheat 1.90 oats 80 and barley 1.00. Oats were offered at 75. No change on bids in the Peace River area with uheat 1.85 oats 92 and barley 1.15. Egg prices EDMONTON (CP) "Weekly egg and poultry report issued by the federal agriculture de- partment. EGGS: To A large 53; A medium 51; A small 36; B 33; CIO; cracks 18. To retailers: A large 62-65; A medium 60-62; A small 48. To consumers (in A large 65-73; A medium 59-69; A small 52-57. POULTRY: To producers: Live No. l chicken broilers, 27; 6 and over, 29Vi; 5 and under 6, 27. Fowl under 4, 5-7; under 12, 35. Live No. 2: tur- key under 12, 32; 12 to 13, 32; over 18, 33. lems iii the Common Market, It has become a source of great embarrassment to the Heath government which took Britain into Europe earlier this year. SOVIETS BOUGHT HALF The fact the Market countries got caught with a "mountain" of tons of surplus butter was bad enough. But criticism mounted sharply when one-half was sold to the Soviet Union at about eight pence (20 cents) a pound. Butter prices elsewhere Jn the Common Market, or European Economic Community are almost double those in Brit- ain. Nevertheless, British crit- ics of the Market held up the butter incident as an example of the jungle Heath had led Britain into in joining the com- munity. Although Heath avoids the spectacle of British butter prices going up while the So- viets benefit from the Market miscalculation, the general re- action to the scheme announced Monday by trade Minister Peiar Walker was not exactly jubi- lant. "The butter subsidy (In wel- fare people) is costly, adminis- tratively involved and paterna- says The Daily Tele- graph. "The cost of the subsidy abcut m-'ilion (57 million) will come from EEC funds; but the administrative cost, re- markably high at will fall on the British taxpay- ers." It would be simpler, the pa- per says, to increase by 10 pence. Economy expansion forecast MONTREAL (CP) Sun Life of Canada's 1973 Canadian capi- tal markets forecast says the Canadian economy is expanding on a broad front and the ex- pansionary trend is expected to continue through 1973 and well into 1974. The forecast, released yester- day, predicts an 11.8-per-eent increase in gross national prod- uct in current dollars, or 6.5 per cent after allowances for in- flation. The growth is expected to lower the 1973 unemployment rate slowly and possibly irregu- larly to an annual average of 5.8 per cent compared with 6.3 per cent last year. The forecast, prepared by the Montreal company's economics section, says vigorous ex- pansion of the business sector will be providing the dynamism in the economy in the coming months, spurred by strong growth in personal disposable income u the pace of eco- nomic activity among Canada's trading partners. The expansion "will increas- ingly challenge the ability of Canadian business to satisfy these demands at current levels of inventories and production capacity." Gold futures WINNIPEG (CP) Gold fu- tures, U.S. funds per ounce, Winnipeg Commodity Exchange close Friday. Jly 73 99.15B; Oct 73 101.80B; Jan 74 103 90B; Apr 74 105.703; Jly 74 107.73B. Thursday's volume: Four contracts. AUCTION SALE Used Furniture and Miscellaneous Wed. Evening, May 16th p.m. TABER AUCTION MART (Next to Feed Mill Taber) Fridges; gas and electric ranges; wardrobe, dressers with mirrors; chest of drawers, dip net; life jackets; hydro- plane boat; school desks; tubs; new sinks; record players; floor polisher; Hoover tubs; 9x12 rug; chrome suite; gas lawn mowers, large wicker veg baskets; scythes, hoes; beds, chesterfields, chairs; colonial rocker; gas and elec. heaters; 14' table; picnic table; 7 arborite top tables with padded benches; plus many, many more articles loo numerous to mention. SPECIALI Antique mantle clock; radio anrl dresser; S like new vacuums. PICTURE BUTTE AUCTION MARKET Ideally located in the centra of a large cattle Feeding ond Hog Raising :ountry HOG f FEEDER CALF AND FAT CATTLE WED.r MAY 16th 400 HEAD Services Available Trucking if Branding if Vaccinating if Order Buying if Government Veterinary if Feeding Pens and DAIRY CATTLE SALE Saturday at 1 p.m. SPECIAL 15 BABY CALVES MARKET HOGS ASSEMBLED MONDAY THRU FRIDAY For Information and UtKngj contact JIM or JOE JURIS Audien Picture Alto. Auction market located 16 miUt north of lothbridgo Highway 25 Phons 732-4400 Buttt ;