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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 22, 1970, Lethbridge, Alberta __ bU.y, M.y M, 1970 THE UTHMIDOt HIKAIO U.S. QUOTATIONS Vancouver, Calgary, Montreal (Supplied by Doherty, Roadhouse and McCuaig) LAST BID OK SALE i.m. Quoins) a.m. Quotis) fl.m Exploitation mTTVI" T T T On OILS mt pro Plgi Int Ptd Almlnox sleet Asmert Lak> Grouped Income 2.67 2.94 Investors Gth 9.33 10.20 iM Investors Mil lan at the ministerial level in June. Outside the Commons, Energy Minister J. J. Greene, one- of several cabinet ministers responsible for pollution control, said he is optimistic that the .alks would lead. to joint Can-ada-U.S. action on pollution. U.S. LAGS He said Canada is several steps ahead of the U.S. in some areas of pollution control. One involved a bill before Parliament to eliminate all phosphorus in detergents before the end of U.S. cities were dumping raw -sewage in the lakes than were Canadian cities, he added. Mr. Grteene said the tone of the negotiations is most encouraging. OTHER MOVES URGED Other recommendations in the IJC's report: should develop a complete contingency plan for meeting all pollution dangers in its sections of the lakes. into dealing with oil spills by all governments should be co-ordinated. of oil and gas containing large amounts of liquid hydrocarbons should be banned in Lake Erie. oil wells in Lake Erie should be adequately plugged and all future drilling in the west basin banned. efforts should be made to reduce phosphorus in municipal and industrial waste being discharged into the Great Lakes and the St. Lawrence. ships likely to present an unreasonable risk of oil pollution should be excluded from the Great Lakes. levels of government should co-operate to design regulations for the control of pollution from pleasure Dtlhl 'Kim Kotla ;dn EXD Gat 3-30 Mentor Cdn Grlgol Mutual Incoma 4.14 .51 Natural Res 6.13 6.70 5.15 Principal Gth 3.W Na-donsl Farmers Union attacked corporations and governments 'riday in a brief to the cabinet. The NFU said in the brief was representing UK needs f farmers against agri-business, interests, which often aro 'parasitic in nature by exploit-ng and profiting from the and investment of farm leople." The brief accused governments of aiming apparently "to lerpetuate and expand a cheap ood policy at the expense of he farmers, wltii the consequent sacrifice of the rural community." Government policies, it said, should be directed at the main-.enance of the family farm as he chief food producer in Canada. The NFU said it is organizing among Alberta farmers and carrying out actions such as its march on the provincial egislature earlier this year because it believes that through collective action farming people can achieve "some greater legree of justice and stability." Thousands of Alberta farmers, the NFU said, are on the edge of bankruptcy. While wages and salaries in the non-farm sectors of the jrovinc i a 1 economy increased 3y 16.2 per cent in 1969, farm cash receipts declined 20.3 per cent and farm costs increased by five per cent. CUT PRICES The brief said corporate buyers of Alberta egg production have retained egg marketing board. Corporate buyers have cut prices by importing eggs from outside the province. "We regard such business practices, although technically legal, as a form of corporate crime against farmers." The NFU said the A 1 b e r t a government has been awarding contracts to wholesalers who fill the contracts with eggs from Manitoba. The brief recommended Al berta implement legislation to .prevent corporations from ta Hug over farm operations from small operators. Such legislation, the NFU said, has been on the Nortl Dakota statute books since 1932 and was overwhelmingly supported in a referendum in tlia state two years brief called for farm ebt legislation in Alberta to >revent repossession of farm nachhitry when farmers face rard times. >OWEU RATES A government takeover of irivatc power utilities in was recommended. The said the provincial government's public utilities board s failing to keep power rates barged by private utilities own to reasonable levels. The brief attacked the federal task force on agriculture eport, saying that "never be-ore have farmers been so ruthlessly and callously dealt vith by any government-sponsored study." "The clear, unmistakable in-ent is that the federal government totally abandons farmers o the vagaries of the free mar-iet system. "It has condemned most armers as being totally redundant, hardly an inspiring thought for fanners. The to farmers and rural communities are unmistakable." Task force proposals are cer-ain to result in a further drastic decline of dairy producers and loss of farm income, the brief said. The NFU contended that present marketing and pricing if feed grains were hastening ndustrialization and corporate akeover of an increasing volume of animal production. The basic issue facing farmers now is one of survival, the jrfef asserted. It asked whoso nterests could be served by 'orcing farmers from their land a city slums, and who would control food production? Ind Gas Rank organ 11.00 Regent. Fund tM 7.50 Con Long li .J.. sneii 21.00 Royfund tM Cdn Super shell inv Pld 21.00 united Accum. 3.98 4.37 Cent Del Rio 8.60 shell Inv WIs 705 Charter t.ti S Ran Jr V Too VANCOUVER Chleltan west Cdn Sd 1.90 Anuk 19 Dynam Pete UJ while and Yuk. 15.50 Arctic 20 French Peta CALOARY Atlas ?5 Gt Plains 17.75 75 copper 13.87V4 Mill City 1.25 Mac Pck! m Bornlle Rkjg, .17 New Conl Barons Oil OSVj Block Bros plains Brenmac 60 .40 B.C. Sugar 70 lBduc Place Gas 9" Madison Ponder Ranger 4.70 Rexdale Scurry Rain 15.00 PIPELINE Srxxmer .W 6a5 Tr. Triad 3.00 Alia. Gas (Na West Dec Inland Nat. C MISCELLANEOUS North, Centra INDUSTRIALS North, Centra Atco Indus 9.25 Gaz Metro Aauatalne 14.50 Trans Can Pi Brit Ntld 3-80 Trns Cn Pipe Cdn Brew A 31.00 Trans Can Pip Cdn Brew B 35.25 Trans Can PI Cdn Hydro Car Westcoast Tr Cdn Pac Inv 11.50 Western Pac f CPR Pld 8.00 MUTUAL Crows Nest In A.G.F. Spec Cygnus A 3.50. All Cdn. Com Cygnus B 3.2S All Cdn. DIv. Cum Prop 9.00 All Cdn. Vent Gt Cdn Oil 3.25 Amer. Gth F Gt Cdn OH Sd 96.00 Canada Grow Home A 11.00 Cdn. Invest F Home B 13.50 Collect Mt Home and Pit 2.00 Commonweal! Hud Bay Co 12.7i Com'wealth L Hud Bay Oil 35.00 Corp. Investor Hugh RUS Pfd 20.00 Dreyfus F U Husky Oil 7-50 Northwest Fi Husky Oil B 37.50 Northwest Gt Husky Oil War. 2.45 Growth Eqult TORONTO MINE Supplied by Richardson LAST BID a.m. Quotes) a.m. INDUSTRIALS Pembina Pp Abitlbi 8.87V2 A can 21.75 Rothmans Algoma Steel 11.75 shell CDA Atco Ind 9.25 Simpson's Atlan sugar 5.75 sears Bell Tel 39.50 steel of Can Brazil Trac 12.50 A B.C. Tel Texaco Churchill 3.00 .04 Coronation Credit 1.10 .17 Crestbrook 7.75 STOCKS croyden 30 A 37.00 Dolly Varden 30 19.50 Dynasty 7.10 9.25 Endako 11.25 10.75 Futurity 24 B 24.25 Giant Mascot 2.72 4.15 Granlsle e A 25.50 Key Ind 38 2.GO 36.00 Growers' Wine B 1.65 e p 50.25 Hy's 17.50 Jericho 09 c 4.00 Kamloops 10 FUNDS Lornex 7.7S 2.07 Lylton Mins 1.65 6.02 4.58 Mt. Washington .10 7.08 7.74 Madrona 28 re 3.10 3.39 New Cronln 08Va 4.23 4.65 New Imp. Mines 2.12 h 4.49 4.93 Okanagan Hellcop. 2.65 3.83 4.21 Primer 18 4.98 5.47 Pyramid 27 10.67 11.69 Silver Standard 1.30 V 2.69 2.95 Texmont 46 s 4.62 S.05 Trojan 65 S. 9.30 Western Mines 3.85 3.26 3.58 Westcoast Res .17 3.79 4.16 Western Explora .31 y 5.15 5.66 UHca 82 S, INDUSTRIALS Securities of Canada OR SALE Quotes) a.m. Quoles) 17.00 First ftterltlmes 1.10 Giant 8.50 Gortdrum 3.15 2125 Gunnar 1.00 1550 Granduc 6.7S 21 on Headway R.L. .10 2075 Holllngcr- 28.50 6.00 Hud. Bay M-S 22.3M 20 50 Hydra Ex 16 A 8.00 Highland Bell 3.45 p 14.00 Iron Bay 2.40 p 25.75 Iso 1.36 12.50 Jollet Quebec .23 30.00 Kerr Addison 10.75 2.95 Key Anacln 40 9.00 Labrador 28.50 12.00 Lake Shore 3.30 19.25 Leltch A 15.75 Langls Sliver .08V 1.90 Macassa 1.35 1.70 Madsen R.L. 1.M KS Malarttc G.F. .86 18.00 Wartln McNeely 12.50 14.00 Maybrun 18 17.25 Maclntyre 144.00 20.00 Mela 17 17.50 MTcJrlm 29 ES Intern Mogul 8.30 .09 New Athens .20 2.10 New Calumet .32 ,35'A New Imperial 2.09 1.90 Noranda 26.00 .40 Northqate 12.00 .07 Opemtska 1.50 Oslsko .30 .21 Patino 29.00 13 87V3 Pine Point 36.25 5.25 Placer Dev. 31.50 1.70 P.C. Exp 59 18.50 Quebec Mart .30 216 Rayrock 1.25 1.25 Radlore 30 7.80 Rio Algom 16.00 ar ,91 Roman Corp. 7.09 .15 Silvsrflslds 3.00 Sherrltt Gordon 15.37'A 11.12'A Silver Miller .07 Aine 1.65 Steep Rock 3.25 s 26.00 Slscoe 2.2ft .07 Tek Corp. 5.75 Texmont iO 53.25 Upper Canada 1.42 .24 Western Mines 4.00 tne 1.30 Wright Haf. US c 1.12 Willroy 1.49 5.80 Windfall 14 133.50 Yellowknlfe 8r. 3.70 K STOCKS n Securities of Canada Ward 41.75 20 Golds 152.54 off .81 54.50 10 B Mets 89.30 off .53 N.J. 53.1214 15 W Oils up .01 115.12'A 1.276.000. 24.25 NEW YORK AVKRAOBS 21.00 30 Indust 658.34 off 6.91 El 57.8714 !0 Rails 138.95 off 1.7! 33.B7V4 15 Ulils 108.56 up .20 AVERAGES 45 Stocks 217.77 off 1.90 .86 off .11 Volume Grain Prices Winnipeg Grain Prices WINNIPEG (CP) Prices luetuated on moderately good rading in affl commodities at te dose of the Winnipeg Grain Exchange today. Rapeseed had a fairly good ocal, commission house and jxporter buying trade. Prices rere steady except in odd crop where prices were Flax old crop, futures were town sharply on a light export-sr scale-down buying trade. Prices in oats and barley me steady to stronger on ame domestic shipper buying n both commodities and malt--ter interest in barley. Rye had a fsir amount of ex-xirter buying interest and some inter-month and inter-narket spreading. Export Canadian wheat load-jigs Thursday included bushels to Russia and to Japan. Volume of trade Thursday inducted bushels of -apeseed, of flax and of rye. Lakehead prices for class