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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 26, 1972, Lethbridge, Alberta Gold stocks dip while others up TORONTO Gold Is- sues on the Toronlo stock mar- ket turned lower while prices in other sectors re- mained strong in moderate mid-morning trading today. Tho industrial index was shcari .23 to 206.80, base metals .04 to 98.18 and western oils .47 to 222.59. Golds were down 1.50 to 204.64. Volume by 11 a.m. was 865.000 shares, at the same time Thursday. Merchandising, pipeline, In- dustrial mining, chemical and trust and loan stocks moved moderately higher while bank- ing, communication, utility and beverage issues drifted lower. Advances outnumbered de- clines by about three to-lwo, 148 to 103, wifli 220 issues un- changed. Montreal Trust was up to Skyline Hotels to Consumers Distributors Vz to S38V4, Numac I's to and Reed Shaw Osier to Texas Gulf Inc. gained !i (o Alberta Gas Trunk to Rank to Agnico Mines 35 cents to and Inco to OTs. Bell dropped !i to Inter- national Utilities to .Denison 'i to Giant Yellowknife 25 cenls to Royal Bank V> to Dome Mines Vi to and Standard Broadcasting Vt to MONTREAL (CP1 Banks dipped two and a half points as sectors remained steady In light morning trading today on the Montreal stock market. Combined volume on the Montreal and Canadian slock exchanges at 11 a.m. was shares, compared with at the same time Thurs- day. On Index, banks fell 2.51 to 264.70, utilities .44 to 1011.39 and the composile .03 to 210.91 Pa- pers rose .33 to C9.93 and In- dustrials .35 to 216.28. Among decbnes on the Mont- I real Stock Exchange, Chrysler slipped 214 to Toronto-Do- minion I to Royal Bank nl to Falconhridge to Bank of Commerce Vi to and Aquilaine to Among gains, Financial Collection rose to and Simpson's 'a to Up ?s each were Alcan at Moore at 548% and Scolt La Salle at NEW YORK (AP) Metals, chemicals and oils were among tiic stronger stock categories today as the market held on to a slim advance. Trade was rela- tively active. The noon Dow Jones average of 30 industrial stocks was up 1.50 al 970.57. Down each among Canadi- ans were Dome, at and Mclntyre Porcupine, at On the American Stock Ex- change, Brascan Ltd. was off at Egg prices EDMONTON (CP) Weekly egg and poultry report issued by the federal agriculture de- partment: Eggs: To producers: A large 42; A medium 39; A small 22; B 18; 6; cracks 8. To retailers: A large 48-54; A medium 48-51; A small 34 36; B 34-36; cracks 26. Consumers (in A large 55-61; A medium 53-57; A small Poultry: Live No. 1 chicken broil- ers, 22 Vz; 6 and over, 26; 5 and under 6, 23; fowl under 4, 4-6; lurkey under 12, 27; 12 lo IB. 23 over IS, 24. Live No. 2 chicken broil- ers, 19; 6 and over, 23; 5 anil under 6, 20; lurkey under 12, 24; 12 lo 18, 22 Vi; over 18, 22. PROCTOR GAMBLE CELLULOSE, LTD. engaged In iho production of Bleach Kraft Pulp in Grando Prairie, Alberta, has ihe following openingsi PULPING DEPARTMENT 1. PRODUCTION MANAGER Responsibrlifies fo include management of chip screening, digesting nnd bleaching areas reporting directly lo iho Unit Manager. Qualifications, ths successful applicant will be a gradu- ate engineer, probably a chemical or mechanical en- gineer with 5-10 years experience in continuous process supervision, pulp mill experience, although desirable, not a requirement for Ihe posjfion. 2. MAINTENANCE MANAGER Responsibilities will include the successful maintenance of 1he pulping department, reporting directly 1o the Unit Monager. Qualificalions, a graduate engineer, preferably mechani- cal with 5-10 years industrial experience in the mainten- ance of a continuous process operation, supervisory and planning experience required. Pulp mill experence is de- si ra bio but no I required. These positions lo be filled in Jufy, 1972. Resumes should bs submitted prior 1o June 1, 1972. THE PRODUCTION DEPARTMENT 1. PRODUCTION MANAGER Responsibilities will include iho management of pulp drying, finishing, warehousing and shipping areas, re- porting directly to the Unit Manager. Qualificalions, a graduate engineer, probably chemical or mechanical wilh 2-10 years experience and continuous process supervision. Pulp mill experience, pulp drying (Flalt) and the finishing is desirable but not essential, 2. MAINTENANCE MANAGER Responsibilities, planning and supervision of mainten- ance programs ihe production department report- ing lo Iho Unit Manager. Qualifications, a graduate engineer with 2-10 years of industrial maintenance experience Including planning and supervisory functions. Those positions to be filled in August, 1972. Resumes to be submitted' by June 15, 1972. WOODYARD DEPARTMENT 1, MAINTENANCE MANAGER Responsibilities, include all maintenance within a depart- ment: receiving, debarking, shipping, mobile equipment, clc. Qualifications, an engineer graduaie wilh a minimum ihree yours industrial maintenance experience and famili- arity with mobile equipment maintenance, 2. ELECTRICAL SHOP AND ELECTRICAL TRAINING MANAGER Responsibilities, lo include I he supervision of Ihe elec- Irjcal shops, technical technician training and Irouble-slioot- ing iWounhout Iho mill. ol ele7 00 Comincn .ll'.'j Cons Bath Cons Gas 0.12V: Cdn W Nat .U Seagrams .24 Dom Bridge l.IS Dom Textllei 6.15 Dom Slnres .26 Dome Pete in.50 Union Gas 3 95 Union Oil 12.00 Versalile Mfg Wesleel 15.11 V3 Union Cnr 30.62Vj Woslon's B 70.75 Woodward's A W Cdn Seed Zenilh Elec BANKS Can Imp 35.3.5 35.50 35.75 14.75 Nova Scotia 1535 Royal Tor-Dom 70. W A7.00 6.05 76.00 17.35 28.75 20.25 3.25 31.12Vi rffi35 35.00 25.25 30.37V3 4B.35 20.00 T3.50 7.00 4.00 7.50 16.50 15.75 25.75 10.B7Vi 8.75 22.75 25.00 71 CO 51.50 18.00 21.75 13.50 5.37V3 20.03 19.25 31.75 7 25 290 28.00 21.00 36.75 New York stocks nd T Ansccnda Bclh steel Chrysler Comsat (Supplied By Richard SOD Sccnrillcs of Canada) M6.B7''j 20 Golds Sit ,54 otf .3! 7i.l5Vi 10 Base Met 103.00 off -OS 117-B7Vi 15 W Ols up -13 3J.75 Volume 43.37'A Sears std Oil of NJ, 30.75 Texas Gulf 31.75 Texas Co 67.50 WiekM Corp 170-25 Wodworlh VM NEW YORK AVERAGES _ Gulf Inl Harveste Kenn Copper vvoLiwonn Woslinghouse Elec 52 E7yj 30 Indust 97057 up 15 2-150 U.S. Steel 30.50 20 Rails 261.56 off .32 Gen Tel Electric 30.00 15 Utilities 108 00 off 06 TORONTO AVERAGES 65 Sleeks 327.63 up .13 Vionlgomcry Ward 20 Indust 97057 up 1.50 Volui Raise prices of new cars WINDSOR, Ont. (CP) Chrysler Canada Ltd. an- lounced Wednesday il has aised prices on most of ite au- omobiles by S21 to by "naking optional ront disc brakes, electric locks and deluxe wheel covers A company spokesman said the increases are consistent mth current industry practice towards simplification of op- tional equipment and changing popular options to standard equipment. Increases announced by Chrysler Corp. in Detroit Tues- day ranged from to CORRECTION CANADA SAFIWAY L1MIIID The following item which appeared In Wednesday's edition of the Herald Should have read as follows: BABY SCOTT DISPOSABLE DIAPERS Regular Pkcj. of 30 Grain price review URGENTLY REQUIRED USED CAR RECONDITIONING FOREMAN SUPERIOR MOTORS TOP WAGES TO PER HOUR you handle the reconditioning of used cars? you diroct tho dulics of a junior clean-up man? -Arc you experienced? If you aro, wo need you Immediately Phono: DILL SITTER, General Sales Mgr. Collect at 223-3537 TABER ALBERTA Winnipeg Grain WINNIPEG (CP) Trading was mixed with prices gene ]y lower al mid-scsion on the Winnipeg Grain Exchange to- day. Trading was moderate 1 n rapeseed prices were nearly three cenls hclow pre- vious close levels, reflecting a China may purchase more wheat WINNIPEG (CP) A four- man delegation representing the Canadian. Wheat Board has completed a week of negotia- tions in Peking, but it is too early to determine whether a new wheat sale will be made to China, a wheat board spokesman said Thursday. The delgation is headed by Wheat Board Commissioners Dr. R. L. Kristjanson and R. M. Esdale. The spokesman said negotia- tions for (he last wlieat sale to China, made last fall, lasted three weeks. At that time, China purchas- ed 117 million bushels of Cana- dian wheat valued at mil- lion. Shipments ot the wheat began in January and will con- tinue throughout the year. Livestock Calgary livestock CALGARY (CP) Receipts on the Calgary livestock mar- ket to 11 a.m., about 600 head; mostly replacement yearling steers and heifers. Trade was strong and active. A few slaughter slcers and heifers were steady, quality considered, and cows were fully steady to strong with top grades to 29. Good to low choice slaughter steers 35.50 to 37.20, medium 33.50 to 35.25. Good to low choice heifers 33 to 35, medium 30 lo 33. Good cows 27 to 20.25, medium 25 to 20.50, canners and cutters 20 to 24.50. Replacement cattle and stock calves met a keen demand at strong prices. Good feeder steers less than 750 pounds 39 to 43.75, more than 750 pounds 35 to 38'25. Good feeder heifers 575 pounds and up 34 to 38.60. Good slock steer calves 40 lo 45. Good slock heifer calves 35 to 41.40. Hogs base price 29.60. Beef futures WINNIPEG beef futures Thursday. Jly 36.20; Sep 35.75; Now 33.75B. Wednesday's volume: 20 con- tracts. Net earnings By THE CANADIAN PRESS Monarch Life Assurance Co., I7li cents July 4, record June 1C. similar trend on the Chicago soylrean market. Trading in other commodities was light IB moderate with, flai prices fractionally liigher, oats unchanged, barley fractionally higher and rye fractionally low er. Thursday's volumne of trade was bushels of flax of rye and of rapeseed. MID-SESSION PIUCES: Flaxi May unchanged 2.73B; July Ve higher 2.75B; Oct. higher Nov. not open; Dee. higher liapesecd Vancouver: June 2 lower Sep. 2 lower Nov. 2Vt lower 2.5PAA; Jan. unchanged 2.53. Rapcseeri Thunder Bay; May not open; July 2 lower Oct. 1 lower 2.46A; Nov. 2'1 lower Dec. 1 lower 2.46A. Oats: May unchanged 69A; July unchanged Oct. anc Dec. not open. Barley: May unchanged 1.09V4A; July higher Oct. i.i higher Rye: May Va lower July 1'f, lower Oct. lower 1.03B; Dec. not open. WINNIPEG fCP) Grain quotes Thursday (basis Lake High Low Close Flax May 273 27n's 273 Jly 274'4 274Tg Oct 277 "A 277 Nor 27514 Dec 274% Hapeseed Vancouver Jun 233g4 Sep 2541s 252% Nov 254% 254 Jan 253% 252 253 Rapcscld Thunder Bay May 244% Jly 240% Oct 248V4 246% 247 Mov 249 Dec 247 Oats May 69 Jly G9'.s Oct 70 Dec 70 !i liarlcy May 109% Jly 109% Oct 111% 111% HHi Eye May 102% 102 102'i Jly 104 103% 103Vs Oct iMVl 103 104'k Dec 102-li By Gene Fawcette fOR A NEW CUTTER SAID TO BE SO VERSATILE IT CAN CUT CURVES IN CERAMIC TILE. ITSCORES WITH ACUTTINS WHEEL AND SNAPS OFF THE SCRAP WITH THE SPECIAL WING-LIKE OfA CKANKFOR'MAXIMUM HELP WANTED! MALE and FEMALE Full ana part lime Experience in relall sales preferred FIELD STORES 318-6lh Street South, Lethbridga Phone 323-6566 FOR SALE BY OWNER LOVELY 5 BEDROOM HOME Perfect For A Big Happy Family 639-16th St. S. phone 328-9790 Friday, May 26, W2 HIE tETHBRIDOE HERAtD 19 Kaiser dealings firm suspended TORONTO (CP) The On- tario Securities Commission or- dered today a one-week suspen- sion of the president of A. E. Ames and Co. and a reprimand lor another company officer for their action In the handling of Kaiser Resources Ltd. shares. President W. B. MacdonaW was ordered suspended as a trading officer for one week from June 19. A reprimand was ordered for Ronald Gunn, vice- president of sales. The commision fount! no cause for action against the company, one of the oldest and best-known members of the To- ronlo Stock Exchange. The commision ended Tues- day three days of hearings to determine the fitness of Ames and the two officers for contin. ued registration to do business with the public. The hearing was ordered after It became known that shares of Kaiser Resources had been sold to some US. residents through a private Canadian investment firm, although they were in- fended for Canadian distribution only. Ames beaded the under- writing firm. OFFERED IN ]9G9 The shares of Kaiser Re- sources Ltd., aVancouver- based company with a coal mine in the Crowsnest Pas area ot B.C., were offered to Lha public in June, 1969. Kaiser Steel Corp.. Oakland, Calif., re- tained 75 per cent and the bal- ance was to be sold in Canada. A principle issue in the com- mission hearing involved the in- corporation of ICRL Investments Ltd. as a Halifax-based private investment firm. KRL, with offi- cers in Toronlo, bought shares of the 12.5 million shares offered for sale in Canada at a share. Thirty-six senior officers and directors of the American par- Hog prices EDMONTON (CP) Aver- age prices to 11 a.m. provided by the Alberta Hog Producers Marketing Board: Edmonton: 29.95, average Thursday 29.91. Red Deer: 29.95, average Thursday 29.34. Calgary: 23.60, average Thursday 29.89. Lethbridge: Nil, average Thursday 30.04. Lloydminsler: Nil, average Thursday 29.64. Tolal hogs sold to 11 a.m. 435; Thursday average 29.92. Soivs averaged 23.05. Dollar value MONTREAL (CP) U.S. dol- lar in terms of Canadian funds was up 1-32 to SO 93 13-32. Pound sterling up 3-16 to NEW YORK dollar down 1-04 at 1.01 41-64 In terms of U.S. funds. Pound ster- ling up 1-16 at 2.61 15-64. ent firm bought shares through KRL. The commission contended that Ames failed to make this known and that tho prospectus s 1 a I e m e n t of therefore not a "full, (rue find plain disclosure." German treaty BERLIN (AP) East and West Germany signed the first formal treaty Iretween them in East Berlin today. It regulates traffic hclween Ihe two German states by road, rail and water. East Germany also promises to give West German citizens 30 visiting days a year in the Com- munist stale. It says it will also consider letting its citizens visit the West in hardship cases. Egon Bahr, West German state secretary, and his East German counlerpart, Michael Kohl signed the treaty in the government headquarters i n East Berlin. The Irealy lakes effect after ratification by (he two parlia- ments. Unlike West Germany's controversial treaties with the Soviet Union and Poland, which wailed nearly two years and Ihcn barely got through tha Wesl German parliamenl, the German pacts are expected to clear quickly. Bahr said, "will record this as Ihe first treaty between Hie Federal Republic ot Germany and the German Dem- ocratic Republic undertaken out of their own responsibility." FOR SALE Three bedroom bungalow, 815 15 St. S., by original owner, near shops. No. 1 bus roule. Large living-oom and specious hall have wall lo wall, fireplace with radiant, drapes and Venetian blinds, Admiral air condilioner. Large bright kitchen wilh lots of cupboards. Beach electric range, Weilinghouso washer and dryer, ceiling fon. Base- ment wilh file floor and (hlrd bedroom, plaster walli, oak floori, itarms and aluminum screens. 220 wiring, oulside electric outlets, all weather carpet on front entrar.ee, garage, lightt heof, and cf- frccfive grounds. Phone 327-2359 for Appointrnenf earns good, safe interest in a Lombard North Central Deposit Account A Bank Deposit Account with Lombard North Central provides a good rate of interest, wilh complete salety for your capital leading 10 financial peace of mind. Deposits at 6 months' notice of withdrawal earn 6% interest perannum. The rate for depositsexceeding is subject to negotiation. Interest is paid half-yearly without deduction of U.K, tax and up to can be withd rnwn on demand during each calendar year. TIME DEPOSIT period deposits of and over can earn higher rates of interest. Details are available on request. Opening an Account is simplicity itself, so write now lo ilia Deposit Account Manager for further details and a copy of Deposit Account Booklet No. AO 51 fi. Lombard North Central London W1A UU, [nfllmuf. Id Ol-TM-iU I Tel 01 OMilU 1 nnih.ird Nfirl'i Onli.i) I imitrd is It inmlirr nt iho N.ihon.il WrMriimMof llnnk Grmin whnsn C.ip.i.it nnt1 Rnscivos exceed ;