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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 10, 1971, Lethbridge, Alberta Wodnnidoy, Novembor 10, 1971 THE LFIHBRIDGE HERAID 19 Western oils buck uptrend TORONTO (CP) Western oil issues dropped sharply lower while prices in all other major sectors of the Toronto stock market climbed higher in light mid-morning trading today. The industrial index was up .18 to 163.43, golds .12 to 148.39 and base metals .12 to 70.43. Western oils were off 1-19 to 198.47. Volume by 11 a.m. was shares compared wilh at the same time Tues- day. Advances and declines were even, 89 each with 166 issues unchanged. Strongest of the industrial in- dex's 17 sub-groups was pipe- lines. Other advancing sectors were banking, chemicals, in- dustrial mining, oil refining and communications. Ten of the sub-groups moved higher. Steel, paper and forest, gen- eral manufacturing and bever- age issues drifted fractionally lower. Royal Bank was up 'z to Kaps Transport to S67i N.umac to SHss, Metro- politan Stores 'i to and Inco >s to Great Plains Rained !i, to Tara to S10 Aqui- taine U to S24is, Bow Valley toS24'f and Shell to Bank of Nova Scotia dropped 3s to Total Pete 20 cents to Walker-Gooderham '.i to Western Decalta 10 cents to and Ahitibi >s to S53j MONTREAL in all sectors except banks dipped fractionally lower in light trad- ing on the Montreal stock mar- Among Canadlansontho NYSE, Canadian Pacific gained to and Dome Mines, Gcnstar Ltd and Granny Mill- ing all lost to and reso-H'tively. On the Amex, Canadian Jav- elin was down -lit to Jupilci Corp. and Scurry Rainbow Oil were up 14 to and re- spectively. Grain prices Winnipeg Grain WINNIPEG (CP) Rape- seed posted slight declines on small exporter buying interest at mid-session on the Winnipeg Grain Exchange today. Barley prices fluctuated fractionally in a quiet maltster and domestic shipper trade. Volume of trade Tuesday was bushels of flax, 1.753.000 of rapesced and 000 of rye. MID-SESSION Flax: Nov. lower 2.42'iA, Dec. rices drifted lower. Trade 1MV4 102 Ward 28.37V, 20 Indust 163.20 off .05 Volume __ 1 1 ,12 noon JUIIPS dverdgc f 30 industrial stocks was off .68 at of Canada Industries Ltd., six months ended Sept. 30: 10-year life for By Gene 43 cents a 000, AN ELECTRONIC DEVICE, SMALLER THAN A POSTAGE STAMP, NOW SPEEDS UP OR SLOWS MWN RECORDED Canadian Superior Oil Ltd., nine months ended Sept. 30; 1971. 1970, Cull Oil Canada Ltd., Canadian Pacific announced Tuesday it is wthdrawing its 2.1. 800-ton yas-senger liner Empivss of to in 1970 from 98.000 in IflfiO. Some 500 employees affected by the decision will be placed with the line's other ON AMY PHOMOSRAFH 03 ended Sept. 30: both transatlantic ships or will re- WITHOUT BSTORTINS THESOUND. THE USER 69 cents a share; 1970, 59 sen-ice, effective Nov. 23, ending 70 years of United Kingdom government redundancy benefits. THE DESIRED SPEED AND THE MODULE HOLDS TrIE VOICE FITCH AT THE ORIGINAL of Draemorc Furniture Ltd., three months ended Sept. 30: 1971, 12 cents a share; 1970, S49.310, eight The liner, which made its maiden vovage from Liverpool to Montreal in April, is sole Ltd., nine months ended Sept. 30: 1971, last ocean passenger s lip. It will be withdrawn were no cattle sales at the Lethbridge yards Monday FOR THf UMP, ITWIUPfRMITTHCM TOCISKHTO "MKW6 ffffOftS' Algom Mines Ltd., nine months ended Sept. 30: 1971. S6. 47 cents a share nt-trilniiahle to common shareholders; 1970, 90 cents. Itoyal Trust Co. Mortgage Corp., nine months ended Sept. 30: 1971, ice ai. Liverpool following its final scheduled transatlantic voyage from Montreal. The decision lo terminate the service brings lo a close an aspect of CP'.s operations as old as tho establishment of (he CPR ranscontincntnl railway, which was inaugurated in June, 18'iii. Stenason, to weekly sale of weaner and feeder hogs. Sales 1250 hogs. All classes of weaner and feeder hogs rr.et an indifferent demand at steady prices. Weaners 3 to 9 per head; light feeders under 100 Ibs. 9.75 to 15. M per head; heavy feeders 100 to 130 Ibs. 14.75 to 20.75 per head; heavy feeders over _ i _ __ I'nion OH Co. n( Canada Ltd., ninr ninnlhs ended Sept. 30 1971. a sharp; 1970. 75 transport and ships, said: regret, that, fvmiomir liavo mado il im-xissible lo aehieve a viable pas-sen.cer sliip opevatinn, despite Ibs. 22 to 26 per head: light feeders nr.der 100 Ibs. sold from is to IS. 50 per owl; heavy feeders over 100 Ibs 14 to 16.50 per Butcher hogs sold Monday 21st eler mined effort lo promote the service and al tract the stock yards 23.70 to 2-1.25 base price. LETHBRIDGE FALL CATTLE business." Me cited figures .showing OF HONEY FRIDAY, NOVEMBER 19, the number of passengers travelling liy sea between produced million worth cf honey in the first Exhibition Pavilion, Lethbridge, Kingdom and of 1971. SALE TIME: 10 HEREFORDS ABERDEEN 125 Bulls 11 Fomalct 11 BulU 10 EDMONTON CATHOLIC SCHOOL HEREFORDS SEtL SHOW TIME: Thursday, November 18, opplircitions for iho Principolihip of me proposed J. M. Piccml Hiqli School to bo oponrd in Botli broods showing nt same 1972. Tliis sfhonl will offrr o bilingual (English-French) to opproKinifitrly iiv hundred sludcnls enrolled Kon Hurlburl _ Joe Grnrfos VII to XII Tho successful opplicnn) .Snlr sponsored 01 qunlify far on Allirrta Cerlifienti? SOUTHERN AIBER1A CATTLE BREEDERS Mir nrlminiilrotivo experience, training dors hip qualities for o school of this Sole conducted by LETHDRIDGE AND DISTRICT op ply, wrilo to: H. M. MACDONALD, Staffing For cntalonuo contnct LelhbridgA and District Catholic School Box 477, Iclhbridgc, 106 Strcol .EDMONTON 14, Alberto RADISSON, Sask. (CP) Record Canadian grain exports of 750 lo 800 million bushels could possibly be achieved dur- ing the present crop year says E. K. Turner, president of the Saskatchewan Wheat Pool. Wheat exports may reach 450 million bushels, barley 200 mil- lion, rapcsecd S) million, flax- seed 20 million, and oats and Livestock report Lethbridge Livestock (Supplied liy Canada Department of Agriculture) On offer to a.m. 270 cattle. Receipts about evenly divided between slaughter and replace- ment cattle. Cattle market ac- tive. Good and choice butcher steers meeting keen demand prices steady at the week's ad- vance with odd sales to 33.10. Good and choice butcher hei- fers also meeting keen demand at strong prices with sales to 32.10. Cows SI to lower for the week. Mediurn and good re- placement cattle continue to meet good demand at firm prices. Choice steers 32.25 to 33; good 31 (o 32. Choice heifers 31.25 to 31.90; good 30 to 31. Good cows 19.25 to 20; me- dium 18 to 19; earners and cut- ters 15 to 18.50. Bulls 23 to 24. Good heavy feeder steers over 850 Ibs. '32 to 34 Good light stock steers 34.50 to 37.50. Good feeder heifers 30 to 33. Good slock cows 20 to 21.50. Butcher hogs sold Tuesday Lethbridge 24.70 to 24.90 base price. Good lambs 20 to 21. Calgary livestock CALGARY (CP) Receipts on the Calgary livestock mar- iet to 11 a.m., about head; mostly mixed grades of slaugh- ter cattle with a high percent- age of good and choice steers and stock calves. Trade was active with good local and Eastern demand. Slaughter steers were fully 25 cents higher; heifers were 25 cents lower for the week; cows were mainly medium and canner kinds selling under pressure with prices 25 to 50 cents lower; a few bulls sold steady. Choice slaughter steers 32.75 to 33.30, good 31.50 to 32.50, me- dium 30.2ii to 31.25 Choice heif- ers 31.25 to 31.70, good 30 to 31, medium 28.75 to 29.75. Good cows 19.75 to 20.50, medium 18.50 to 19.50, canners and cut- ters 15.50 to 18.25. Good bulls 22.50 to 24. Replacements were mostly mixed grades of stock calves selling steady Replacement cattle were scarce with steady prices. Good feeder steers 31.50 to 35.25, good feeder heifers 29 to 32.40. Good stock and feeder cows 21.50 to 25. Good stock steer calves 39 to 46, depending on weight. Good stock heifer calves 31 to 35.75, depending on weight. Itcgs, base price 24.30. rye five or 10 million hushels each, he said. "For this to happen, all as- pects of movement including boat arrivals and rail transport have to operate without any hitches. "With exports and domestic need, most of the barley grown Uiis past season will be able to be delivered, meaning fire- price sales should cease. "Farmers don't need to un- load barley at less than mar- ket price." Mr. Turner, speaking Mon- day at a meeting for the open- ing of a new bushel elevator at Radisson, Sask. noted that record exports of some 700 million bushels had teen achieved in the 1970-71 crop year. This year and in the future, he said, the grain handling sys- tem would have to gear up to handle ever increasing amounts. "We should set capacity t "may be necessary to look it increasing terminal capacity 'ven though our present facil ties have not been pushed to Along with these changes vould he others such as a re- luction in the number of coun- rv elevators. Oil firm accepts Chargex TORONTO Gulf Oil Can- ada will be the first of Can- ada's "big three" oil com- panies to accept Chargex charge cards. Beginning Monday, Nov. 15, Gulf Canada's retail out- lets from cost to coast will hon- or the Chargex card in addi- jon to the company's own Travel Card, for purchases of all products and services. Par- ticipating Gulf Canada service stations will also accept U.S. BankAmericards and related Bank Charge cards, which have reciporcal agreements with Charges. "Now that Chargex is na- tional, it makes good sense to jrovide its three million hold- ers with the added convenience of Gulf Canada products and said R. T. Brown, the company's vice-president, marketing. Medical imposter serves B.C. town CLEARWATER, B.C. Male of Kamloops, who sen- This central British Columbia j tcnced Wolfe, said: community, hcsct by problems j "Von Ropa is an intelligent in getting a hospital and a doc-1 man and 1 felt a jail term or, was served for a week by would serve no real purpose in i medical imposter. Urn case. A former beer parlor waiter j "The circumstances were ra- and Canadian Army Medic a I' thcr clumsy and he has been Corps orderly with a grade I given a year to make full resti- Third stage sewage plaiil proposed CALGARY (CP) The city needs a tertiary sewage treat- ment plant to remove nutrient materials, regional fishery biologist Dennis MacDonald said. Such materials in the Bow River promote the growth of plants which then die and de- compose. "It's almost impossible to travel by boat from here down- stream in some places the stench of the dead plants along Ilie shores is ruininE recreation- al activity." A tertiary treatment facility would cost, about S12 million, he told a University of Calgary luncheon, but "this is a debt taxpayers will have to decide on." The city put. a secondary treatment plant into operation a year ago which removes ma- terials that consume oxygen in the water. This lias improved the oxy- gon content of the river and en- couraged the return o( trout and I he insects on which trout feed, lie said. Car prices increased TORONTO (CP) Ford of Canada Ltd. has increased the price of two imported compact irs. The price of the British-built Cortina was increased for all models, making the range of suggested list prices to The German built Capri was increased to These prices are f.o.b. port of Toronto or Van- do not include pro- cial taxes or distribution and delivery charges. Ford s a i d the increases re- sulted from currency revalua- tion and increasing manufactur- ing, material and transportation costs. All other 1972 Ford models are being sold at 1971 prices, largely as a result of the wage- price "freeze in the United Stales. Chrysler Canada Ltd. an- nounced price increases in two compacts, following increases on the same models in the United States The price of a Japanese-made Colt was increased 7.8 to 9.1 per cent. New suggested list prices ranged from to The two models of the Brit- ish-built Cricket were increased each to and FIli.ST AIH MAII, The first air mail in Canada was o.irrird from Cal- gary to Edmonton on .luly 9, 1918, by 22-year-old Knthorine SthiFon, flying a single seat lii- i plane. Hog prices EDMONTON (CP) Aver age prices to 11 a.m. provided by tiie Alberta Hog Producers Marketing Board: Edmonton: 24.55. Average Tuesday. 25.33. Red Deer: 24.55. Average Tuesday, 25.11. Calgary: 24.30. Average Tuesday, 24.57. Lelhbridge: No sales. Aver age Tuesday, 24.73. Lloydminster: No sales. Av- erage" Tuesday. 24.95. Grande Prairie: No sales. Average Tuesday, 24.33. Total hogs sold Tuesday average 25.11. Sows aver- age 13.45. arget for tho system of one jillion bushels. This will mean he railways and grain com- lanies will face heavy expen- ditures to get the system into he viable stale that will take !iat amount." Needed will be more a system of many fewer points. But it will remain the decision of the elevator companies as to where facilities will be located keeping in mind changes in railway lines that will occur." Mr. Turner added that no matter how much grain is mov- "are, more motive power, and i ed under any system "farmers new! price support policies to counteract the policies of our major atniiK-litors." Amonff the measures he sug- gested were: a higher price for wheat used in Canada, a stor- age policy for all grains, a guarantee of initial prices for grains, a grains income now appears there will he j stabilization plan." eight education briefly fooled he Clearwater Hospital Board and members of the medical tution or the sentence will be more severe." John Harwood. chairman of profession in Kamloops and j the Clearwater Hospital Board, Vancouver. j said an investigation into the Isaac Wolfe, 43. also known i impersonalor's medical h a c k- .0 police on the prairies under ground was begun following an the alias of Ivan Wilfe, passed I argument alwut aspirin, himself off here last April as! "I began to suspect some- Dr. Wilbert von Ropa. a medi- j thing was wrong he ar- cal graduate of the University j gued about tl.e amount of pain of Manitoba- killer in aspirin when the He performed no surgery, but amount is written right on the treated several residents f o r he said. linor ailments and stitched up j Clearwater lost its only doc- wound suffered in an Indus-j for last fall. He left the prov- ial accident. ince in a dispute that was to He also obtained by fraud. develop into a political contro- from the Royal Bank of vcrsy over Health Minister Canada, and a car from a rcn-1 Ralph Ixjffmark's handling of tal firm and medical supplies the community's bid foi a hos- from a drug store. Wolfe has been given concur- rent suspended sentences total- ling one year for falsely imper- sonating a doctor and defraud- ing the bank and the car rental firm. Provincial Judge Stuart van pital. Anaconda to halt operations Farm disparity reduction pl an EDMONTON' (CP) The "disparity of opportunity1' be- tween large and small farms i rai'st be reduced as part of any j program to expand agricultur- al markets, Unifarm president Dobson Lea said today. Mr. Lea was commenting on Agriculture Minister Hugh Hor- ner's statement to last week's annual meeting in Calgary of NEW YORK (AP) John the. United Grain Growers at Place, chief executive officer and president of the Anaconda Co., said his firm will cease all zinc smelting and refining oper- ations in Montana next sum- cr. Place said about 800 men would be affected by the clo- sure with a resultant loss to Montana's economy of more than million. He said unprofitable opera- which he said the Alberta gov- ernment is aggressively seek- ing markets for the province's farm products. "Success in marketing will create a need for expansion in production of some commodi- Mr. Lea said in a state- ment. "Where such expansion is warranted, an incentive pro- gram is required that will re- duce the disparity of opportun- tions were being eliminated in ity between large and marginal Montana, Connecticut and Utah in an effort to place the com- pany in the black during the first quarter of 1972. Martin Hannifan, general manager of Anaconda opera- duced beginning in July and be closed by mid-August. The Unifarm president also said that part of the return from sales of any commodity should be set aside to help maintain "a basic level of pro- lions in Montana, said zinc pro- duction.that would providejar. cessing operations would be re- mers with the kind of job secur- ity that would stimulate the economy of rural Alberta." Dividends Atlantic Sugar Refineries Co. Ltd.. common 10 cents; class A 30 cents, both Jan. 4, record Dec. 21; five per cent pfd. Dec. 15, record Dec. 1. Calgary I'mver Ltd., common cents; five per cent pfd. pfd. all Jan. 1, record Dec. 2. Canada Parkers Ltd., 16 cents Jan. 3, record Dec. in. DrblKilit Canada Ltd., CVj per cent pfd series B Dec. I. record Nov. l.ri. I'nion (ins Co. of Canada Ltd., 5'j per cent pfd. scries A 69 cents, six per cent pfd. scries B TS rnils li.ilh Dee. 31, Dec. 3. SHELL CANADA LIMITED REQUIRES THE FOLLOWING STAFF EXPERIENCED LABORATORY TECHNICIAN The position involves routine general ond gas chromatographic analysis, pollution monitoring and some non-routine tasks at the Waterton Gas Plant Laboratory. Two positions are available due to plant expansion. Applicants should possess a diploma from a rec- ognized technical institute and preferably hove some Fplotrd industrial exporienrr. HEAD STEAM ENGINEER The position involves the responsibility for main- taining the efficient operation of stoom, water, air and effluent {renting facilities at Wolcrton Gas Plcnt m Iho Pinchcr Creek Applicants should possi-js a valid Alberto First Steam Certificate and preferably will have some gas plant experience. Ifica Interested applknnls lions and experience ould WRITE stating qual- SHELL CANADA LIMITED P.O. Box 1088 PINCHER CREEK, Alberta Attention: Office Supervisor ;