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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 4, 1972, Lethbridge, Alberta Bond prices Supplied by Doherty McCuaig Limited GOVERNMENT OF CANADA BOND; dept. Oct. '72 Matured '75 98.00 09.00 8 ft July '78 105.00 107.00 Sept. 1, '83 83.00 84.00 Perp. 3 Sept 15 41.00 43.00 6V4% Apr. 1, '75 101.00 102.00 July 1, 75 102.75 103.75 Sept. 1, '92 92.00 94.00 PROVINCIAL GOVERNMENT OF CANADA GUARANTEED BONDS Alberta Ontario Ont Hyd New Br Nfld N. S. Quebec Alberta Man Hyd Sask 8' Nfld 9' ACT 8 Man Tel 8 '90 104.00 106.00 7 '811 91.00 93.00 9 '94. 107.00 109.00 '90 108.00 110.00 8 '.o Ir4 101.03 103.00 6K% '32 84.00 86.00 '74 100.00 102.00 '90 105.00 107.00 8 '91 93.00 101.00 Dynasty Acklands Scur Rain Tr Cdn P 5 '.1 WC Tr C 514% WC Trans 714% 7 '82 90.00 7V4'-l 'BB 100.03 102.00 '08 87.00 90.00 'B9 113.00 117.00 '88 83.00 BB.OD '91 109.00 111.00 Bond prices higher '90 113.00 103.00 '90 107.00 100.00 '74 101.03 103.00 '74 101.00 103.00 INDUSTRIALS Alta G T '90 106.00 108.00 '91 100.00 108.00 Alcan B.C. For r.C. Tel 914% '90 104.00 10600 Bell Tel Bell Tel '93 108.09 110.00 CP Ltd 'B9 104.00 105.00 CP Sec '90 105.00 107.00 Cdn UlU '91 106.00 108.00 CWNG Gall Oil Inter P P '93 105.00 108.03 '92 105.00 103.00 '90 107.00 109.00 '90 103.00 105.00 Massey Noranda Int Nickel NandC-G9'.i% St of Cdn Tr Cdn P Tr Can P 107. '80 105.05 107.00 '90 108.00 100.00 '90 103.00 108.00 '91 106.00 108.00 '90 106.00 108.00 '90 107.00 109.00 '90 110.00 113 00 CONVERTIBLES Alta G T Cons Gas '90 146.00 151.00 93.00 93.00 TORONTO (CP) Prices on ._.................._. the Canadian bond market I two persons involved. Feed grain information exchanged The Alberla Grain Commis- sion has formed a feed grain information exchange. It operates through the re- gional agricultural o fices throughout the province. Daily calls are made to feed grain buyers in each dis- trict. These arc compiled each Thursday and sent Lo information exchange man- ager Cliff MeARlhur in Cal- gary for preparation. Then facts are delivered to news agencies. The following statement of prices from the exchange is a smaple of the feed grain situation in Alberta. Prices quoted are for the use of buyers iind sellers as a guide. The exchange will put any person selling feed grain in contact with buyers but the prices arranged are left to the satisfaction of the Vote test tips traders were higher in active trading this week. The short end of the market was up about 25 cents on the week. Mid-and long-term issues gained about one-half to three- quarters point while corporate issues were up about one-half point. One dealer commented that the election has had its effect on the market. After a "ner- vous" start at Ihe beginning of the week, the market had strengthened by the end of Fri- day's session. There were no new issues during the week. Relocation of business urged B.C. Mont. (AP) The Co. has proposed taken the central business dis- of (he city of Butte be re- Jjy policy statement issued here says about one billion tons low-grade copper ore lie be- PENTICTON, B.C. (CP) Casabello Wines Ltd., one of the city's business district and the company hopes to last independent wineries in British Columbia, has been taken over by John Labatt Ltd. of London it. The statement says the company realizes that the decision whether (o relocate the bus- Casabdlo director R. C. Mc-Coll said today the winery's 49 shareholders have accepted an offer of about million for their shares. Holc'iirs of the common shares will district rests with city officials and property owners. The Anaconda Co. has shown increasing interest in its properties in Butte since losing its interests in Chile about a year a share. Holders of preferred shares will a value (CP) U.S. dollar in terms of Canadian at noon today unchanged Pound sterling down 3-16 at MOTOR YORK (CPI-Canadian dollar in lerms of U.S. funds at Welcomes you up 5-64 at 25-64. Pound sterling down at To help your stay more H. Smith Ltd. would like to introduce you Broker all our MORE PEOPLE AT THE EDMOMTOW BECAUSE THE '12-9'' Q OFFERS YOU Write or A 253-8030 32MHI VMJ MOTOR 5359 CALGARY 344-.1SH This service will appear in each Saturday's edition of The Herald. In order to clear up some slight misunderstancVjigs we wish to explain the two-price system we are reporting. The bid pice quoted is the high bid in the district, for top quality grain delivered to the purchaser. When offers are reported they reflect the price the seller is asking at his bin. In the Lethbridge area wheat is bid at 1.65, oats at 70 cents with some offers at 71) cents and barley at 90 cents. Around Calgary, wheat is bid at 1.60, oats at 70 cents and barley at 90 cents with some ifferings at 92 cents. Bed Deer prices report wheat hid at oats 60 cents and barley 90 cents with offerings of 65 cents for oats and 90 cents for barley. Vermilion buyers advise they are bidding for wheat, 65 cents for oats and 90 cents for barley. In the Edmonton district wheat bids are oats 60 cents and barley 90 cents. In the Peace Hiver Fairview reports bids of ?1.45 for wheat, 65 cents for oats and M cents for barley. Stiff penalties for polluters SYDNEY, Australia (Reuter Drastic new regulation against pollution of waterways described by government ofli cials as the most com prehensive anywhere in Un came into effect in Neu South Wales Saturday. The nc provides for penalties up (c for a single water pollu lion offence, with extra penal ties of up lo for each day on which the offence continues. BECAUSE NEGATIVE IONS IN THE AIR WE BREATHE ARE SUPPOSED TO KEEP US ALERT, SOMEONE HASPBODUCEDA TINYIONI7ER. FOR THE CAR OR OTHER ENCLOSED SPACE, rr ATTACHES fffsvcnon AND IS ENERGIZED Br BATTERY OR OTHER DC SOURCE.., SPECIAL STOCK CALF and FEEDER SALE FRIDAY, NOVEMBER 10th at a.m. 1200 HEAD OF TOP QUALITY RANCH CALVES MONDAY at 1 p.m. SPECIAL Feeder Hog and Baby Calf Sales SLAUGHTER HOGS ASSEMBLED AND SOLD MONDAY THRU; FRIDAY. FRIDAY At 10 a.m. FAT and FEEDER CATTLE SALES at 1 p.m. SPECIAL Stock Calf and feeders EXPORTERS OF SLAUGHTER HOGS EXCELLENT FACILITIES FOR FEEDING AND LOADING HOGS. ED FRENCH DAN KLASSEN KEN MlllER, MAGRATH LOU DEI ACER WHIT HENINGER 328-3986 345-4358 758-6607 345-4489 328-7354 CONSIGN ALL YOUR LIVESTOCK TO C. E. FRENCH LIVESTOCK LTD. IN THE HEART OF CANADA'S RANCHING COUNTRY ALBERTA STOCKYARDS Phono 327-0101 RBI. 318-3986 P.O. IOX S-S I-I-7, LETH8RIDGE By MIKE WILLIAMS Canadian Press Staff Writer Prices on major Canadian stock markets plunged sharply following Canada's close fed- eral election, but confidence was soon restored and most sectors closed the week higher in active trading. Canadian Business Service commented that investors over- reacted to the election results and most analysis tended la agree with the statement. Much of the post-election sell- ing pressure was directed to- ward gas and oil issues with in- vestors predicting delays in a decision on the proposed Mack- enzie Valley pipeline. Some also thought that ex- ploration in Uie Arctic would be discouraged. Imperial Oil, one of the largest Mackenzie Delta explorers, fell the day fol- lowing the election but recov- ered most of the loss by the end of the week. Other stocks were affected because of fears that tax con- cessions and grants, major is- sues during the pre-election campaigning, might be altered. Pipeline firm net profits up VANCOUVER (CP) Trans Mountain Pipe Line Co. Ltd. yesterday reported en in- crease in net profits of 000 for the first nine months of this year. Net profits as of Sept. 30 were or per share. During the same period last year, net profits were or per share. Daily oil deliveries averaged barrels this year, com- pared with barrels last year. This includes petroleum, jet fuel and barrels of pro- pane to tankers for Japan. A sharp advance on me New York market Wednesday helped deter any further declines on Canadian exchanges. The en- couraging performance in New York was attributed by most to continuing hopes for peace in Vietnam. Some experts also said the improvement in Canadian mar- kets was due, in part, to im- Oil, gas growth is forecast TORONTO (CP) A re- search study by Toronto Do- minion Bank concludes that Canada's oil and gas industries will experience substantial growth during 1973. The bank estimates 1973 crude oil production will top two million barrels a day with rising exports accounting for more than half of total produc- tion for the second consecutive year. Domestic sales of natural gas are expected to rise by 11 per cent with production up about 12 per cent to 7.6 billion cubic feet a day. The Toronto Dominion study expects 1973 price increases in both industries, reflecting ex- panding domestic and export demand and increased explor- ation activity. Census figures CANBERRA. (Reuter) Aus- ;ralia's population at the end of June, 1971, was ac- cording to census figures re- eased by the federal statistics bureau. proved third-quarter financial reports. At Toronto, the industrial in- dex, considered a major in- dicator of market trends, was up 1.55 points on the week, clos- ing at 207.15. A gain of 1.37 points Friday accounted for most of the advance. At New York, the Dow Jones industrial average of 30 key blue-chip slocks climbed 37.71 points for the week closing .at 98112. The average rose 11.06 points in Friday's session alone. On the Montreal and Cana- dian exchanges, the composite index was up 1.41 points for the week, closing at 217.35. Combined volume on the two exchanges was 6.25 million shares compared with 5.90 mil- lion shares a week earlier. Trading was extremely active on the Toronto market with 14.73 million shares changing hands compared with 10.97 mil- lion the previous week. Trading Friday totalled 4.13 million shares, the largest vol- ume since Feb. 28 when 4.34 million shares were exchanged. Base metals issues at Toronto closed the week off .35 at 83.38. Toronto's gold Index opened Friday's trading down .17 on the week but managed to climb 2.65 points during the session to close at 181.33, up 2.48 on the week. The western oil index also opened with a loss on the week Friday but closed at 250.93, up 2.71 points on the week. Saturday, November 4, 1972 THE IETHBIIDCE HERALD 27 Employment figures up WASHINGTON (AV) Total employment in the United States continued to rise last month while the jobless rate re- mained unchanged at S.S per cent of the work force, the la- bor department reported today. The number of Americans at work rose nearly to 82.7 million, the report said. Since employment normally rises in October, the department's Bu- reau of Labor Statistics figured it as a rise of on a sea- sonally adjusted basis. The actual unemployment to- tal dipped nearly to 4.5 million, hut this made no change on a seasonally ad- justed basis. The bureau also reported that average earnings of some 50 million workers remained vir- tually unchanged at an hour and a week. Player kicked another player ADELAIDE, Australia (Beu- ter) James Howard, 27, IB amateur soccer player, was sentenced Friday to two weeks in jail for kicking another player In the head during a charity match. He later was re- leased on bail pending appeal. Dividends By THE CANADIAN PRESS Canada Safeway Ltd.. pfd., Jan. record Dec. 1. Laurcntide Financial Corp., common 10 cents; pfd. 35 cents; pfd. 50 cents, all Dec. 30, record Dec. 8; pfd., Jain. 1 record Dec. 1. Nov. 13; evi-per-cent p'd. cents, Jan. 31, record Jan. 10. INDUSTRY LOCATED IN SOUTHERN MANITOBA, MANUFACTURING RECREATIONAL VEHICLES requires a PRODUCTION MANAGER Must have knowledge and experience in assessing pro- duction requirements in relation to plant capacity, man- power availability, malerial and financial limitation. ForP'U- lafe program, recommend improved manufacfuring tech- niques. Control qualify and develop reporting Good potential with growing company, good incen- tives, salary open, Apply to: MORDEN Canada Manpower Centra Box 1418 Morderr, Manitoba ROG 1JO Phone 822-5333 WANTED TIREMEN WITH EXPERIENCE IN REPAIR AND MAINTENANCE OF HEAVY DUTY TRUCK AND EQUIPMENT TIRES for KAISER RESOURCES LTD. IN SPARWOOD, B.C. Contact your Local Manpower Centre William Lutwinmk THE ELECTORATE CHOOSES ACROSS 1 Kind of poll; wuh 113-D 6 French pronoun 11 Indian cily 15 Seel02-A 21 Hour, in Lyon 22 Features of 74-D 23 Garden LJloomer Compelilors 25 Rodylhst decides who won 20 Verve 29 Bridge actions 30 Meal pies 31 SACHQ 32 Maries do 33 Courtscore 31 Band inslruments 35 Francis -----Harie 36 Shim-lived things 39 Inimical tilings 40 Jet 41 Hall, in Bonn 42 Willy one 45 Election Day slakes 48 Potential winner 50 Tarry not 51 Picnic spots 52 Ship's stem 53 Yanks or Rangers Spinning arrow 55 Gave glow- ing notices 56 Makes hard going 57 With geliriily 59 Foundation 60 Olympian 61 Neckwear 62 Rasp 63 Tell on 64 G5 Scekcis of votes 68 With no effect 60 Used a mangle 71 Intended 72 Each 73 Mall units 1 Queen ol------ r Purposive 3 Raix 4 Cerlflin litmus 5 Not p'Q- U'CTU 6 Walpr 7 board S Gnvsongs D Gossamer 10 VVilbm.'prcf. 11 Malady 1? More imposing 13 OK 14 Yachting 15 Ones with rank 1G Eacktalk 17 Ground covers IS Outside choices 10 Author Wiesel 20 Fast planes 26 Exposes notions 27 Nnulical 7-5 Gallup's forte 76 Mrs., in Valencia 79 Smarl 80 Kind of wheat 81 Mississippi bridge 82 Office copy, lorshorl 83 American beauties S4 Sulfcrs vertigo 85 Alarm 87 Small opening 88 Prince of 74-D 89 Catafalque 90 Tsngy 91 Enter 92 Certain voters 93 Vote- seekers 97 Caprice 9B Nav. man 99 Takes on, in Solio 100 Stand of liees 34 Evaded not 3o Whacks 36 Rib-tickling 37 Naulical lerm 38 Patriotic org. 39 Sojourns 40 Stimulus Like an old woman 42 Forums lor 53-A 43 Willi nonchalance 4-1 Urani and solon 101 Paddock youngsters 102 Withl5-A: Easy victories 103 Growing out 104 Kind of screwball 105 Depression initials 10B Numerical prefix 111 JohnQ. Public will always----- 112 Sparing words 113 French pronoun 114 See 18 D 117 Polilicos' milieu 120 -----a" 121 A human being 122 Oullander 123 Nonplussed 124 Ermines 125 Harlebeest 12G Garden favorites, for short 127 Small 45 Folklore figures 46 Blaze 47 Local hopeluls 48 U.S.pent 49 Miliiaiy bodies 52 Scotch tartan 54 Oracular 56 Men of Wroclaw 57 Manol Shirez 58 Poem division Diagramless IT) X Ifi by Jnmcs Lea veil 59 Swiss city 61 Foolish blunder 62 Marcclial, for one 63 Follows closely C5 Studies intently 66 Urge omvard 67 Provides an overhead .23 Slight 68 Verse form 70 Footloose one 72 Isolated 73 Political warcry 74 Stage lars 75 Approaches 77 Source of liber 76 -----rate 79 Arson, e.g. BO Small springs S2 Gnblel features 84 Rested 85 An Allen 86 Supervision 87 Rural crossover 89 Rural sight Dl Sliced thinly "93" Helm's outfit 94 Fiery 95 Starling 96 Nighi, in Turin 97 Deterio- rates 101 Rolledup, as a flag 102 ------long lime: endure 103 Saint----- fire 104 "As you Like It" role 105 Snare 106 Bovine feature 107 Try 103 Elec. units 109 Checked item 110 Tom, Dick and Harry 111 Milan 112 Cashbox 113 Seel-A lib Urge, in Dundca 116 French pronoun 11B Exhaust 119 Stoolpiacor 27 Slirs violently 2R Cmbankmemt Supposition 7 Protective garmcnlF S Looks narrowly 9 Woody perennial 10 Courteous 11 Musical compositions 12 Appeal 1-1 Surface rvtcnt Cnhhlfi's blocks IS Annoys CRYPTOGRAMS SONG RUPV EARRIE CHTMEUXMIC RG XAVING GASPO MINNIE'T DEIMMG TYHVDG TYHEM. -By Ixiis Jones KOTUOTHYDE EKIHY COLC7.N RE NYZZIB- ARTHYME BYDY FWPPOUL R ARPPN MWUY OU n F1MMZY IU MCY MRFZY. -ByEstherNevilli 3. GENDA-SRHNWOWY COWARD SOENDAWIIWY CDECW GESAEIIN SWARDEHN WARDEIIN. -BjL.J. ,1 CRINER TRY DUINERC CYK ANYYU DINERT CRUINER CRY GPUY, TRY CRINEHC PC G P E R C ROSY n Y Y K n Y C C Y U CI ROSY I) I N E R C D I N A N Y C T. -n.vK.N'. 5 7, A 7, B Y 0 U U E 1113 K O E Q U E Y Z A Y Q Z n Y t) K. -D.v Clifford EilRO Lnsl Week's Cr.vploRrnmd 1. ItiRliliBhl ftt hiRli jump: Joy rider cried "heifih liorse sliircl, rider Rnirf lumpy "hi" to Ihisllc pnleli, 2. Mnny new schools welcome renl scholarly nien. 3. Yefictnrinn movie innkcr doesn't, like meeting dcnd lions, )972hvCliicasoTiltiLmc.N.Y.NtwsSynd.ine. Woildftighii Reserved ;