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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 2, 1972, Lethbridge, Alberta 1 TH1 LETKlRIDCe HEHAID Thumby, November 2, 197' Stock prices up Tri-level govts. in active trade meet in doubt TORONTO (CP) Prices on Ihe Toronto stock market con- tinued to follow Wednesday's pattern as most sectors rose moderately higher in active mid-morning trading today. The industrial Index, consid- ered a major indicator of mar- ket trend, was up .47 to 204.88, golds .09 to 178.10, base metals .39 to 82.56 and western oils 1.08 to 216.71. Volume by 11 a.m. was 000 shares compared with 000 traded by the same time Wednesday. Merchandising, pipeline, bev- erage and steel stocks were sectors of the market recording the most gains while bank, communication, utility and in- dustrial mining issues were off slightly. Advances held a strong lead over declines, 149 to 74, while 166 issues remained unchanged. Steinberg's A rose to, Walker Gooderliam to Peoples Credit A to Chrysler to and Moore Corp. to Falconbridge Nickel fell 1 to Holland Paper A to Emco to S4.80, Noranda Vi to and Royal Bank to International Mogul advanced WANTED TO PURCHASE! AMERICAN COMPANY Interested in Acquiring LARGE RANCH WITH BEEF CATTLE Reply: PRESIDENT lox 36, L.lhbridge Herald to Hudson Bay Mining and Smelting li to 4 and Iso Mines 20 cents to 54.20. Con- solidated Rambler slipped 15 cents to MONTREAL (CP) All sec- tors advanced in light Irading on the Montreal stock 'market today. Combined volume on the Montreal and Canadian stock exchanges at 11 a.m. was 000 shares, compared with 300 at the same lime Wednes- day. Utilities advanced to 152.94, papers .41 to 09.114, the composite .39 to 214.16, industri- als .27 to 223.84 and banks .20 to 261.46. On the Montreal Slock Ex- change, Interprovincial Pipe- line rose to Moore Corp., to and Inter- nSonfll Utilities to On the Canadian Stock Ex- change, Fallinger rose 10 cents to on shares traded. NEW YORK (AP) Prices were narrowly higher in to- day's stock market after two sessions of sharp advances stimulated by hopes for peace in Vietnam. Trading was ac- tive. The noon Dow Jones average of 30 industrials was up .45 to 968.99, after being ahead 2.26 at the start. Gaining issues on the New York Stock Exchange were ahead of decliners about 3 to 2. Among Canadian issues, Walker Gooderham was up to Alcan to S2H4, Mas- sey to and Distillers Seagrams Vt to ana Systems JL-'unlted 1003 4th Avenue S., lelhbridge Telephone 328-4426 a Services OTTAWA (CP) Uncer- tainty shrouds plans for a fed- cral-provincial-mumcipal con. fercnce in Toronto Nov. 20-21. A spokesman for Urban Af- fairs Minister Ron Basford said Wednesday the Liberal govern- ment will proceed with the con- ference if it is in power. But a source in Progressive Conservative Leader Robert Stanficld's office said a Con- servative government would have to consult with provincial premiers before deciding whether to hold the conference then or suggest a delay. Mayor D. G. Newman ol Whitby, Ont., president of the Canadian Federation of Mayors and Municipalities, said federal election results have demon- strated the "enormous impor- tance" of such a conference. The election was decided on a series of local issues, Mr. New- man said in a telephone inter- view from Montreal. There was "frustration with the mecha- nism of government." "I think the mood of Cana- dians is such that we feel the need for very responsive, co-or- dinated government." PERMANENT CON- SULTATION Representatiwes of (he three levels of government are to de- sign permanent machinery for consultation among federal, provincial and municipal gov- ernments. The conference agenda also calls for an attempt to decide what areas of responsibility each government has in local affairs. Both Mr. Stanfield and New Democrat Leader David Lewis have endorsed the principle of the conference. "I think it would be incon- ceivable that either the Liberal or Conservative parties would take the position that it didn't have time to proceed with this conference and give greater priority to something Mr. Newman said. 'I think what this conference provides is two days of thought- ful consideration of where we are at in this country. 'Both the Liberal and Con- advised to listen to what people servative parties would be well with local responsibilities have to say and get some strong sense of the mood of the coun- try at large." TIic conference was arranged early this year after three years of discussion among mu- nicipal, federal and provincial respresentatives. The provincial premiers de- cided at n Halifax conference in August to develop a common provincial approach to the is- sues at the tri-level meeting in Toronto. Municipal officials also are expected to take a common line at the conference. Du Pont to biiikl new plant VICTORIA (CP) A mil- lion c o m m e r cial explosives plant will be built near Ash- croft, B.C., a joint announce- ment by Alex Macdonald, min- ister of industrial development, trade and commerce, and Du- Pont of Canada Ltd., said to- day. Capacity of the plant, to open late in 1073, was not disclosed. Output will be largely newly- developed products, including small diameter water gel ex- plosives, regarded as safer than traditional nitroglycerin- based types, said a company news release. Water gels are expected to be adopted for virtually all appli- cations in which dynamite is now used. The 700-acre site, on the south bank of the Thompson River about two miles from Ashcroft, anl 200 miles north- east of Vancouver, was select- ed "because of Its location on excellent transportation facili- ties in the heart of the B.C. mining the company said. fl SIMPSONS bears With the high cost of food, you can't afford to be without this low-cost freezer Shopping supermarket specials and in bulk quantities can help reduce your food bills. And with a Coldspot freezer you'll shop less often, therefore be less exposed to costly 'impulse'buying. 17.9cu. ft. Coldspot 199 Big, 625-pound capacity! Easy-reach, vinyl basket and handy divider Counter-balanced lid frees both hands. Adjustable cold control Magnetic self-sealing lid keeps cold 'in'. Interior light Protective, built-in Gleaming White acrylic finish on all-steel construction 8.2 cu. ft, space-saving Coldspot compact 280-lb. capacity Chwgi It on your nrvice what wo sell, coHl-io-cont'SiUifKlion or money refunded nt Simpsons-Scars vou gel iho lines! guarantee iillilictlon or mrney refunded and free delivnry our 51ore-lo-door bonins with ihcsalo protects you every mchol Ihe way STOKE HOURS: Opon Daily 9 a.m. to p.m.t Thunday and Friday 9 a.m. to 9 p.m. Contre Vllltmn. Tnlonhone 328-9231 Toronto (Supplied R a.m. Quotes) MINES Acme .32 Advocate Asb. Akaikho Bralorne Broulan Belhlehnm Brunswick Cdn. N.W. Land Canada Tung. Casslar Central Pal. Chim mines, industrials r Richardson SccarlUcs of Canada) LAST DID Oil SALE a.m. Ouores) n.m, Quolei) "Ml ,52 1.90 29 15 00 1-15 ;sr 5.70 2.35 27.37 Vj mbler Coin Lake Cochcnour Craiqmonf Dickenson Mines Denlson Mines Depr Horn D'Eldona Dome Mines Don a Id a Discovery Mines East Malarlic East Sullivan Falconbrldge Frobex Firsl Marilimes Giant Y.K. Bovis Granduc Headway R.L. Hollinner na.ffl Hudson Bay M-S ;o.25 Hycfra Ex. ,16 Iron 3 55 ISO Jolief Quebec Kerr Addison Key Anacon Labrador Lake Shore Lanqii Silver Matlsen R L. Malarlic G.F. Martin McNeely Maclnlyre Mela Midrim Inlern rAcgul Nu Wesl Homes New Athona New 60.00 5.00 ?.05 56.50 .-11 .AS 4.90 2.00 2.P2 .22 9.35 .17 3P.50 2.70 .05 46.25 Norlex Oslsko Pine Point Placer Dev. P C. Fxp. Quebec Mnn Rayrock Radiorc Rio Alqom Roman Corp. Sherrlll Gordon Silvpr Miller Sleep Rock Tek Corp. Texmont .38 Uppor Canada 2.65 Weslern Mines 2.52 WrigM Hargreaves .92 Willroy t.20 Windfall .09 Yellowknlfe Bear 3.45 Zenmac .09', INDUSTRIALS 19.75 6.50 .04 1.75 4.65 9.25 21.25 12.75 12.62Vi 42.00 19-50 57.25 18.131 'a 19.00 19.75 37.37' 9.CO 3.15 Col Cell .70 Calgary Power 25 25 Coron Credit 1.65 C.W.N. Gas Pfd 11.25 Ablllbl Alcan Algoma SleeT Alco Ind Allanlic Sugar Agra Ind Bell Tot Brazil Trac B.C. Tel Burns B.C. Forest B.C. Surjar Bow Val Ind CAE Ind Cher Irew cell Cdn Ind Cdn Marconi Cdn Vlckers Chryiler C.P.R. Cominco Cons Bfilh Cons Gas Dist Seagrams Dom Brief 14.25 1.45 33.50 14.37''i 24.25 UM 17.00 37.5D 31.50 Coble. Ford of Am Grt Cdn Oil Gen Molors Grt Lakes Pp GulF Oil Cdn Greyhound Hawker Sid Hur Erie Hiram Walker Imp Oil Imasca Int Nickel Int Pipe Inv Grp A Irl Ulil Ind Accept Kaps LaurenMde Kelly Doug A Loblaw A Mel Slores Massey Fcrg McMillan Bloe Moore Crop Moisons A Moisons B North cent- Power Corp Price Co Rolhmans SI. Law Corp Shell CDA Simp Sears Steel of Cda Selkirk A Texaco Traders Grp A Trans Mln Pipe Trans Cda Pp Union Gas Un i Oil Domlar W. Copper 2.40 Noranda 39.25 Norlhgale 4.BO Dom Slores Dome Pete Dofasco Vcrsalile Mtg Union Car Weslon's B Woodward's A Wesl Crfn Seed Zenith Elec BANKS Cdn Imp Montreal Novd Scolla Royal Tor-Dom 19.50 66.50 8.40 75.25 15.00 35.00 21.55 3.65 32.50 49.50 26.75 31.25 20.13'A 10.25 20.50 11.00 13.12V 3.40 6.37V 20.00 16.2.5 23.75 41 25 2B.OO 3B.5Q 11.87', 12.25 11-25 1B.OO 30.00 52.50 24.00 33.00 33.25 11.00 53.50 20.25 21.75 -17.13V 47.00 5.25 17.00 19.75 24.75 6.00 3.05 27.12V 3B.12V 34.25 32.00 Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied a.m. QUOTPS) WESTERN OILS Alminex Alia East Gas Asamera Ashland BP Can Can South Cdn EK Gas Cdn Homesld Cdn Ind Gas Oil Supe Cdn Long Is Charier Chieflan Dome Pete Gl Plains Gl Cdn Oil Lochiol North Cdn Oil Numac Pancdn Pete Pan Ocean Pelrol Pin 70 35 75 25 75 3.45 9.90 10.75 50.75 34 4 10 14 00 3B.5D 31.25 B.25 1.87 5.95 19.50 13.25 14.12V 1.32 -35 by Dohcrty, McCuaig Li mi LAST CID OR SALE a.m.. Quoiss) Hugh Russell 45.00 Husky Oil is.oo Husky Oil B 43.50 Husky Oil War i-33 Inter Prov Pipe 12.25 Inler Prov Sleel 15.03 Kflhpr Res Lotlaws Pfd Manage Pacific Pete Rainier Sandv.ell Teledyne West Cdn Seed While Yukon Wesl a.m. Quotes) Gr In Shares 416 4.60 Gr Equity G.19 9.00 Invest Gr F 12-09 13.22 Invest Mulual 5.75 6.29 Mutual Ac 5.93 6.52 Mulual Gr F 4.43 515 Nal Res 7.93 N W Cdn Principal Gr Royfund Temp Gr United Ac Universal Ssv West on Pfd CALGARY Acroll srons Oil Place Gas Ponder Ranger Scurry Rain Spooner Seibens Tolnl Pele Ulster W. Uecalla West Pete 9.: MISCELLANEOUS INDUSTRIES 25.75 .52 37.37V4 15.25 .70 12.50 7.60 1.7B 565 2.25 31.35 3.0Q 41.00 4.SO 3.80 4.10 Vanguard 95 VANCOUVER 61.12'A MINES Aftoo 80 Alias Explor Bain Norse Oii' Brencla Churchill Croyden Davenport Dankoe Dolly Vardefl 5.2S 5.73 5.82 J.7B 5.15 6.7fl 7.05 B.tKJ 8.74 5.56 6.1 7.87 8.6 fl.59 9.dl Copper Aqultnine Brinco Cdn Brew A Cdn Brew B wsnesl Ind 27.50 35.00 35.00 Cdn Pacific Inv 23.25 Cygnus A Cyqnus n Falcon Copper Genslar Home A Home B Hud Bay Co Hud Bay Oil Hud Boy Pfd 7.0f) 7.00 10.75 15.00 37.25 56.25 Norlh Cont West Wai. PIPE LINE STOCKS Alia Gas A 14.75 Alia Gas Prcf 70.50 Alia Nat Gas 20.50 Inland Nal Gas N and C Gos 12.00 N and C B PFd 26.01) Pacific Trans 13.75 Gaz Metro 5.00 Gaz Metro A 70.00 Trans Cda 47.00 Trans Cda B -iO.25 _______ Trans Cda A silver Standard Trans Cda War 13.75 Texmont- WC Trans 33.75 Valley Copper WC Trans Wts 5.05 VANCOUVER MUTUAL FUNDS Block Bros All Cdn Cam B.35 9-13 B.C. Sugar 9.13 9.9B BC. Sugar Pfd 4.22 4.61 Capf Inter 651 7.15 Columbia Brew 3.36 Crcsfbrook F I Lyrlon Minerals Pyram All Cdn Divld All Cdn Vent Amr Gr F AGF Special Cdn Invest F 506 5.55 Hys 19.75 3.30 3.50 3.20 3.30 Mutual 6.90 Key Indus! 55 Comnw Inler 14.65 16.10 Pacific W Air 22 M Comnw Lev 4.05 4.45 Stampede (nil Res .64 Comnw Vent 7.94 8.73 OILS Corp Invesl 4.flD 6.59 Albany OH 76 Corp In SI P 5.15 5.63 Plains Pole .28 Dreyfus F U.S. 13.02 14-23 West Expl r 05 Nciv Yorfe stocks (SnppUcd By Richardson Secprilles of Canadi) Amr T and T Anaconda Beth Steel Chrysler Comsat Dupont GM Gulf int Harvesl Scars Texas Gulf Texas Co Wickes Corp 60.00 Woolworth 112 13Mi 10 Base Met 82.52 up .35 15 W Oils up 37.25 Volume 31.12V, YORK AVERAGES 172.00 WestlnqhousC Elcc M 'ndust 96B.P9 up .45 77.75 U.S. Steel 2B.37Vi 20 Rails 221.91 off .37 1S UIIIIH" llfl W '57 Copper 20 Indust 20i.34 up .95 Slocks 317.22 up .24 Montgomery Ward 20 'Golds 17B.10 up .09 Volume Livestock report Calgary livestock CALGARY (CP) Receipts on the Calgary livestock market to 11 a.m. totalled head, moslly slaughter cattle nnd stock calves. Trade was ac- tive. Slaughter steers were fully steady with sales to 35.5n. Heif- ers were in short supply with Hog prices EDMONTON (CP) Aver- age prices to 11 a.m. provided >y the Allwrta Hog Producers Marketing Board Thursday: Kdmonlon: 35.55, average Wednesday 30.10. Hod Deer: 35.00, average Wednesday ,15.6fi. Calgary: 35.40, a v e r a gc Wednesday Lcthbridgc: No sales, aver- age Wednesday Fort Macleod: No sales, av- erage Wednesday 35.90. Grande Prairie: No sales, av- erage Wednesday .IG.fiO. Tolal hogs sold G42, Wednes- day Iff, average Wednesday Sows average Wednesday 20.10. steady prices; cows were main- ly medium and canncr kinds at steady prices except for thin kinds were down to 15. A few bulls sold steady. Choice slaughter slecrs 34 to gool 33 to 34, medium 31 to 32.75. Choice heifers 33 to 33.30, good 32 to 33, medium 30 to 3i.75. Good COWS 25 to 26, medium 23 to 24.75, earners and cutlers 18 to 22.75. Good bulls 27 to 29.50. Replacement cattle were rel- atively scarce with the major- ity of sales medium to good slock calves. Prices were steady. Good feeder slecrs more than 750 pounds 34 In 30, less than 750 pounds 37.50 to 40.25. Good feeder heifers 32 to 35.25. Good stock steer calves 43 In 48, Good stock heifer calves 35 to 40. Hogs base price 35.40. Beef f 11 lures WINNIPEG (CP) IJvc beef futures close Wednesday. Nov. 35.20; Jan. Mar. 36.30D. Tuesday's volume: Two con- tracts. HERE ARE THE ANSWERS FOR YOUR NEWS QUIZ PART I: 1-c; 2-a; 3-NDP; S-o PART I: 1-C; 2-a; 3-b; 4-tt, S-C PART III; 1-bj 2-d; 3-a; 4-0; 5-c PICTURE QUIZ: Holnrich Booll Albertam favor reHllable bottles EDMONTON (CP) Alber Inns are solidly in favor of a standard refillable bottle for soft drinks, liquor and wine, says a university team which conducted province w.ide re- search. The study conducted during the summer in the province's six largest cities said BO per cent of households sampled la- vored refillable standard bot- tles, and 70 per cent of retail- ers interviewed said they would prefer to stock standard bot- tles. The study, conducted for the province's environment depart- ment and financed through the summer temporary employ- ment program, also said that increasing the deposit would not increase container returns substantially. Only one-quarter of the 2.030 households surveyed said they Grain prices Winnipeg Grain WINNIPEG (CP) Rape- seed prices were firm to slight- ly higher in a mixed volume of trade at mid-session on the Winnipeg Commodity Exchange today. Flax prices also were higher, posting gains of more than three cents in a good exporter business. Oats and barley trading was narrow while rye prices ad- vanced fractionally on small exporter buying and good com- mission house interest. Wednesday's volume of trade was bushels of flax, of rapeseed and of rye. Mid-session prices Flax: Nov. SVt higher 3.52, Dec. 3% higher 3.25K, May 1% higher July 1% higher 3.27A. Rapeseed Vancouver: Nov. higher Jan. high- er March higher June Hi higher 2.76VjB. Rapeseed Thunder Bay: Nov. higher 2.56n-iB, Dec. 1V4 high- er May 2 higher 2.65B, July higher 2.63B. Oats: Dec. unchanged 87, May Vt higher July higher 89B. Barley: Dec. unchanged MttA, May '4 higher July not open. Rye: Dec. higher 1.22'iB, May higher July un- changed Grain quotes Wednesday (basis High Low Close Flax Nov 348'A 343 Dec 31714 May 329 3MV, Jly 325% 324'A 325, Rapeseed Vancouver Nov 287 288Va Jan 285 285% Mar 282% 281 281% June 275% 274% Hapesced Tunder Bay Nov 256 25514 256 Dec 25414 May 263 Jly 26214 Oats Dec 87 86% 87 May 89 88% 89 Jly 88K Barley Dec 124% 124% 124% May 127% 127V1 Jly 127T's Rye Dec 122Vi 122 121% May 127 Jly 127% TO LEAD CENTRE PARIS (Renter) France has appointed one of its top nu- clear warfare experts, Vice-Ad- miral C. Claverie, as head of the French nuclear testing centre in the Pacific. would return more containers it the deposit was higher, while another 19 per cent said they would buy fewer bottles If the deposit was increased. The survey also found ths larger the retail store, the greater was the opposition to accepting containers for re- funds. Generally, retailers were more opposed to acoeptng cans than they were to accept- ing bottles. Eighty-six per cent of 'the householders said they favored universal depots to handle all types and brands of beverage containers. Eighty- nine per cent said they returned bottles lor their deposit, while only one-third said they returned cans. A breakdown of the survey, which also included stores in Edmonton, Calgary, Red Deer, Lethbridge, Medicine Hat and Grande Prairie, revealed: Almost 90 per cent of those surveyed felt the need for leg- islation regulating the types of bottles and cans sold. About 67 per cent of the households return their bottles to the store where the drinks were purchased. Fifty-five per cent felt the present system for refunding containers was adequate but another 38 per cent said it isn't. Only 7.6 per cent pur- chased soft drinks in cans; 2.1 per cent bought drinks in non- refillable bottles, and 81 per cent bought refillable bottles. One-quarter of those sur- veyed had difficulty in obtain- ing cash for empty container returns. About 65 per cent of house- holds said compulsory deposits on containers helped reduce lit- ter and another 44 per cent call- ed for sliffer littering fines. More than 90 per cent said they would like to see a de- posit refund system on liquor and wine bottles; 57 per cent said a refund-system for food cans and jars was desirable. Sixty per cent of those surveyed said they would be willing to separate their garb- age while another 25 per cent said they might be willing and 33 per cent said they would be willing to take all or some of the separated portions of garb- age to a nearby salvage depot. Of the 649 business survey- ed, 41 per cent said Uiey thought a higher deposit would increase the rate of return, while 43 per cent answered no. More than 65 per cent of the businesses said they preferred to handle refillable bottles while 14 per cent preferred cans. By Gene Fawcetto CWKCDTWSTBl AN INDUSTRY "FIRST" IS CLAIMED FOR A N EW TOAST- ER WITH SHUTTERS THAT CLOSE OVER THE BREAD AUTOMATI- CALLY WHEN THE LEVER IS PRESSED COWN. IT TOASTS FASTER AND KEERS THE BREAD MOIST INSIDE WHILE CRISP ONTHEOUTSIOE... ...AMAUUAL Sfturrra COffTKOj CLOSES THf TOP m SHERIFF'S SALE FARM MACHINERY Toko notice that by virtue of a Seizuro made by mo I shall sell tho following goodj by public auction in accordance wilh iho Provisions of tho Seizures Act: COMBINES 3 M.F. 410 combines; 1 Ccso 600 com- bine; 0 Moisey Ferguson 92 combines; 2 Massey Ferguson 510 combines; 1 Cockshult 428 combine; 1 New Holland 980 combine; 1 International Model 141 combine; 1 New Holland 990 combine. TRACTORS 3 Massey Ferguson 97 tractors; 1 Mlnn. Molino G. tractor; 1 Ford tractor) 1 Minneapolis Moline G1000 Iraclor; 1 I.H.C 650 D Iroclor; 1 I.H.C. 660 tracfor; 1 Massey Ferguson 1130 tractor; 1 Ford 6000 trodor SWATHERS 1 Massey Ferguson 34 1 Owalon swath on 2 Vcrsalilo 103 1 Case 820 swathe rj 1 Massoy Ferguson No. 36 iwolhor; 2 Cockshutl iwalhers, model 502; 1 Owatonna 30 iwathor. OTHER Altinn Tandem Disc, icrial no. 440; 1 Graham Howe Plow, lorial no. 62076. Tho solo will be conducted on my behalf by Porlich Brother! Auction Market) Ltd. and will taka place at tho promises of K D ImplomonU Ltd., Cordslon, Alborta com- mencing p.m. on November 7, 1972. A. A. GltCHRIST SHERIFF ;