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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 BONOS dept. 1, '72 Matured Oct. 1, '75 98.00 99.00 8 July 1, '78 105.00 107.00 414% Sept. 1, '83 83.00 84.00 Perp. 3 Sept 15 41.00 43.00 Apr. 1, '75 101.00 102.00 July 1, '75 102.75 103.75 5Vi% Sept. 1, '92 92.00 94.00 PROVINCIAL GOVERNMENT OF CANADA GUARANTEED BONDS Dynasty 7 '82 90.00 100.00 Acklands TA.% '88 100.03 102.00 Jcur Rain '88 87.00 90.00 Tr Cdn P 5 '89 H3.00 117.00 WC Tr C 514% '88 83.00 88.00 WC Trans 7'.4% '91 109.00 111.00 Alberta Ontario Ont Hyd New Br Nfld N. S. Quebec Alberta Man Hyd Sask Nfld ACT '90 104.00 106.00 7 '88 91.00 93.00 9 '84 107.00 109.00 '90 108.00 110.00 8 '.o T4 101.00 103.00 614% '92 84.00 86.00 '74 100.00 102.00 '90 105.00 107.00 8 '91 99.00 101.00 '90 103.00 105.00 914% '90 107.00 109.00 '74 101.09 103.00 Man Tel 8 '74 101.00 103.00 INDUSTRIALS Alta G T 914% '90 106.00 108.00 Mean 994% '91 106.00 108.00 B C For '92 105.00 108.00 C' Tel 9V6% '90 104.00 106.00 Bell Tel '79 105.00 107.00 Bell Tel '93 108.09 110.00 CP Ltd '89 104.00 108.00 CP Sec 994% '90 105.00 107.00 Cdn UU1 CWNG 9% '91 106.00 108.00 '90 107.00 109.00 Gulf Oil '90 103.00 105.00 Inter P P '99 108.00 108.03 Massey 994% '80 105.00 107.00 Noranda 914% '90 106.00 108.00 Int Nickel '90 108.00 108.00 N and C-G 914% '91 106.00 108.00 St of Cdn '90 106.00 108.00 Tr Cdn P 994% '90 107.00 109.00 Tr Cdn P 10% '90 110.00 113.00 CONVERTIBLES Alta G T Vk'. Cons Gas 514' '90 146.00 151.00 '89 93.CO 93.00 Bond prices higher TORONTO (CP) Prices on the Canadian bond market I were higher in active trading this week. The short end of the market was up about 25 cents on the week. Mid-ami 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 the 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 B.C. winery taken over by Lahatt PENTICTON, B.C. (CP) Casabello Wines Ltd., one of the last independent wineries in British Columbia, has been ta- ken over by John Labatt Ltd. of London, Ont. Casabello director R. C. Mc- Coll said today the winery's 49 shareholders have accepted an offer of about million for their shares. Holders of the common shares will get a share. Holders of preferred shares will receive a share. area urged BUTTE, Mont. (AP) The Anaconda Co. has proposed that the central business dis- trict of the city of Butte be re- located. A policy statement issuec ere says about one billion tons f low-grade copper ore lie be- leath the city's business dis net and the company hopes to The statement says the com pany realizes that the decision vhether to relocate the bus ness district rests with city of icials and property owners. The Anaconda Co. has shown ncreasing interest in its prop erties in Butte since losing it nterests in Chile about a yea ago. the RIVIERA MOTOR HOTEL Welcomes you to Edmonton To help make your stay more would like to introduce you to all our facilities. MORE PEOPIE STAY AT THE RIVIERA- BECAUSE THE RIVIERA OFFERS YOU MORE! Write or Telephone JVIERA "MOTOR HOTEL 5359 CALGARY TRAIL 43-43-43-1 Feed grain information exchanged The Alberta Grain Commis- sion has formed a feed grain information exchange. It operates through the re- gional agricultural o f fices throughout the province. Daily calk are made to feed grain buyers in each dis- trict. These arc compiled each Thursday and sent to information exchange man- ager Cliff McARthur 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 and 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 two persons involved. This service will appear in each Saturday's edition of Che Herald. In order to clear up some slight misunderstancVjigs we wish to explain the two-price system we are reporting. The bid price quoted is the ugh bid in the district, for ,op quality grain delivered to .he purchaser. When offers are reported they reflect the jrice the seller "is asking at iis bin. In the Lethbridge area wheat is bid at i.65, oats at 70 cents with some offers at 70 cents and barley at 90 ents. Around Calgary, wheat is bid at 1.60, oats at 70 cents and barley at 90 cents with some iffeiings at 92 cents. Red Deer prices report wheat bid 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 cents for barley. In the Edmonton district wheat bids are oats 60 cents and barley 90 cents. In the Peace River Fairview reports bids of for wheat, 65 cents for oats and 90 cents for barley. Vote test tips traders Saturday, November 4, 1972 THE LETHBRIDGE HERALD 27 Employment figures up Dollar value MONTREAL (CP) U.S dollar in terms of Canadian 'unds at noon today unchanga at Pound sterling 3-16 at NEW YORK dollar in terms of U.S. funds z noon up 5-64 at 25-64 Pound sterling down H. H. Smith Ltd. Custom; Broker 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 analysts tended to 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 the Arctic would be discouraged. Imperial Oil, one of the largest Mackenzie Delta explorers, fell Wi 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. A sharp advance on the New 'ork market Wednesday helped eter any further declines on Canadian exchanges. The en- performance in New was attributed by most to ontinuing hopes for peace in Vietnam. Some experts also said the inprovement in Canadian mar- ets was due, in part, to im- Oil, gas growth is forecast 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 perioc last year, net profits were or per share. Daily oil deliveries average barrels this year, com pared with barrels las year. This includes petroleum jet fuel and barrels of pro pane to tankers for Japan. Stiff penalties for polluters SYDNEY, Australia (Reuter) Drastic new regulations against pollution of waterways, described by government offi- cials as the most com- n-ehensive anywhere in the world, came into effect in New South Wales Saturday. The act provides for penalties up to for a single water pollu- tion offence, with extra penal- ties of up to for each day on which the offence continues. TORONTO (CP) A re- search study by Toronto Do- minion Bank concludes that Janada's oil and gas industries will experience substantial growth during 1973. The bank estimates 1973 crude oil production will top ;wo 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 pel cent with production up abou 12 per cent to 7.6 billion cubic feet a day. The Toronto Dominion studj expects 1973 price increases in both industries, reflecting ex panding domestic and export demand and increased explor ation activity. proved third-quarter financial eports. At Toronto, the industrial in- ex, considered a major in- dicator of market trends, was p 1.55 points on the week, clos- ing at 207.15. A gain of 1.37 mints Friday accounted for nost of the advance. At New York, the Dow Jones industrial average of 30 key lue-chip stocks climbed 37.71 points for the week closing .at 184.12. The average rose 11.06 >oints in Friday's session ilone. 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- ion shares a week earlier. Trading was extremely active on the Toronto market with .4.73 million shares changing lands compared with 10.97 mil ion 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 openet Friday's trading down .17 or 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. Census figures CANBERRA (Reuter) Aus tralia's population at the end o June, 1971, was ac cording to census figures re leased by the federal statistic bureau. WASHINGTON (AV> Total mployment in the United otates continued to rise last month while the jobless rate re- mained unchanged at 5.5 per ent of the work force, the la- rar 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 t as a rise of on a sea- sonally adjusted basis. The actual unemployment to- tal dipped nearly to 4.5 million, but 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 (Reu- ter) James Howard, 27, m 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. Laurentide Financial Corp., common 10 cents; pfd. 35 cents; pfd. 50 cents, all Dec. 30, record Dec. 8; pfd., Jan. 1 record Dec. 1. Nov. 13; eVi-per-cent pfd. cents, Jan. 31, record Jan. 10. INDUSTRY LOCATED IN SOUTHERN MANITOBA, MANUFACTURING RECREATIONAL VEHICLES a PRODUCTION MANAGER Must have knowledge and experience in assessing pro- duction requirements in relation to plant capacity, man- power material and financial limitation. Formu- late program, recommend improved manufacturing tech- niques. Control quality and develop reporting procedures. Good potential with growing company, good incen- tives, salary open. Apply to: MORDEN Canada Manpower Centra Box 1418 Morden, 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 CrOSSWOrd" By William Lulu-mink THE ELECTORATE CHOOSES ACROSS 263-80501 328-8141 coins Phont By Gene Fawcette fORTHeCAR BECAUSE NEGATIVE IONS IN THE AIR WE BREATHE ARE SUPPOSED TO KEEP US ALERT, SOMEONE HAS PRODUCED A TINY IONIZER. FOR THE CAR OR OTHER ENCLOSED SPACE, IT ATTACHES BYSUCTION AND IS ENERGIZED BY BATTERY OR OTHER DC SOURCE... YOU CAN ffOf f 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 HOOS ASSEMBLED AND SOID MONDAY THRU j FRIDAY At 10 a.m. I 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 MILLER, MAGRATH LOU DE.IAGER WHIT HENINGER 328-3986 345-1358 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 Phone 327-0101 328-3986 P.O. BOX S.S M-7, lETHBRIDGE 1 Kind of poll: with113-D 6 French pronoun 11 Indian city 15 See102-A 21 Hour, in Lyon 22 Features of 74-D 23 Garden bloomer 24 Competitors 25 Body that decides who won 28 Verve 29 Bridge actions 30 Meat pies 31 SAC HO 32 Maries do 33 Court score 34 Band instruments 35 Francis ------Harte 3G Short-lived things 39 Inimical things 40 Jet 41 Hall, in Bonn 42 Witty one 45 Election Day slakes 48 Potential winner 50 Tarry not 51 Picnic spots 52 Ship's stem 53 Yanks or Rangers 54 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 65 Seekers of votes 68 With no effect 69 Used a mangle 71 Intended 72 Each 73 Mall units 74 Gallup's lorte 76 Mrs., in Valencia 79 Smart 80 Kind of wheat 81 Mississippi bridge 82 Office copy, for short 83 American beauties 84 Suffers 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 98 Nav. man 99 Takes on, in Soho 100 Stand of trees 101 Paddock youngsters 102 Withl5-A: Easy victories 103 Growing out 104 Kind of screwball 105 Depression initials 108 Numerical prefix 111 JohnQ. Public will always 112 Sparing words 113 French pronoun 114 See18-D 117 milieu 120 ------d1 121 A human being 122 Outlander 123 Nonplussed 124 Ermines 125 Hartebeest 126 Garden favorites, for short 127 Small 59 Swiss city 61 Foolish blunder 62 Marechat, for one 63 Follows closely 65 Siudies intently 66 Urge onward 68 Verse form 70 Footloose one 72 Isolated 73 Political warcry 74 Stage fare 75 Approaches 67 Provides an overhead IS X 15 by James Leave 7 Protective garment? 8 Looks narrowly 9 Woody perennla 10 Courteous 11 Musical compositions 12 Appea 14 Surface rvtcnt 17 Cobbler's blocks 18 Annoys 70 Portions 21 Hoosier Umtist 72 Perils Head rove ring 26 American coins 27 Piece of evidence 23 AdcisliQvior to a drink 29 Inanimate aihjert 30 Kind of sandwich 31 SenrchfW for 32 Serves Memorable rioicn Illuminated Enrich with 5 Wild plum 6 Drawing moms M1UTJOM) i.VST 80 Sma springs 82 Goblet features 84 Frosted 85 An Allen 86 Supervision 87 Rural crossover 89 Rural sight 91 Sliced thinly "93" Helm's outfit 94 Fiery 95 Starling 96 Night, in Turin 97 Deterio- rates 101 Rolled up, as a flag 102 ------long time: endure 103 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 She, in Milan 112 Cashbox 113 Seel-A 115 Dundee 116 French pronoun 118 Exhaust 119 StoolpigjDor CRYPTOGRAMS SONG R U P Y E A R RIE CHTMEUXMIC R G XAVING GASPO MINNIE'T DEIMMG TYHVDG TYHEM. -By Lois Jones KOTUOTHYDE EKIHY COLCZN RE N Y Z Z I B- ARTHYME BYDY FWPPOUL R ARPPN MWUY OU R FIMMZY IU MCY MRFZY. -By Esther Neville GENDA-SEHNWOWY COWARD SOENDAWHWY CDEGW GESAEHN SWARDEHN WARDEHN- L. J. CRINER TRY DUINERC CYK AXYYU DINERT CRUINER CRY GPUY, TRY CRINEUC PC OPERC ROSY T1YYK DYCCYU CI ROSY -BvE.X. I) N E R C D I N A N Y C T. 7. A 7. B Y 0 U U E I IB K O E Q U E Y Z A Lost Week's 1. Highlight at high jump: joy rider cried "heigh horse shied, rider said lumpy "hi" to thistle patch. 2. Many new schools welcome real scliolnrly men. 3. Vegetarian movie maker doesn't like meeting dead lions. World ftighis Reserved ;