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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 10, 1972, Lethbridge, Alberta Nevimbtr to, 1472 THf LETHBRIDGE HERALD 17 north mines, 1; BID OR SALE a.m. Quotes] a.m. Quotes) a.m. Quoin) MINES Norrhgeie 4.60 Dofasco (CP One down and five to go. That's the count on the Forces field engineers completed a new gravel airstrip at Pangnirtung, in a news release today. Five more such landing strips will be constructed or are at Pond Inlet and Cape Dorset on Baffin Island, at Igloolik, Whale Cove and a site Market gain on TORONTO (CP) Prices on the Toronto stock market posted moderate gains in active mid-morning trading today. The industrial index, considered a major indicator of market trend, was up .33 to 209.01, base metals .02 to 83.78 and western oils 2.64 to 256.72. Golds, however, were off 2.38 to 170.64. Volume by 11 a.m. was shares compared with 1.02 million traded by the same time Thursday. Among sectors of the market recording the strongest advances were beverage, food processing, oil refining and bank stocks while communication, merchandising, real estate and industrial mining issues were off slightly. Advances held a wide margin over declines, 151 to 95, while 103 issues remained unchanged. Chrysler rose I'm to General Motors 1 to li, Gen-star to Great Lakes Power to and Compute! to Algoma Steel slipped la to Alpa Industries to Brascan to CAE Industries to 59% and Canadian Cablesystems Vn to Giant Mascot climbed 30 cents to and NBU Mines 16 cents to Campbell Red Lake dropped H4 to Trading in shares of United Asbestos and Allied Mining was halted after the companies announced they plan to merge on a share-by-share basis and to bring into production Allied's asbestos mine in Northern Ontario at a cost of about million. LIGHT TRADE MONTREAL (CP) All sectors advanced in Light trading on the Montreal stock market today. Combined volume on the Montreal and Canadian stock exchanges at 11 a.m. was shares, compared with at the same time Thursday. Banks rose 1.34 to 272.GO, papers .57 to 92.16, the composite .39 to 219.65, utilities .32 to J5G.09 end industrials .27 to 229.J9. On the Montreal Stock Exchange, International Paper rose 3% to Chrysler Corp. 2 to and Consolidated TSE reading of up 11.89 points for the day, was stjll below the record intra-day high of Feb. 9, The indicator has never closed the trading day above though it passed it four Limes in midday trading in January and February, 1966. Automation Industries, up Vi to led the most active is-, sues. American Motors, ahead to paced an advance in automotives. Ford Motor was up to and General Motors gained 2% to American Telephone was up to Granby Mining was up 1114 to and Genstar to Down 14 were Walker-Gooder-ham at Mclntyre Porcupine at and International Nickel at Off were Dome Mines at and Distillers Seagrams at Asb. l.dO Oslsko .22 Kurd of Am 75.00 Akallcho .4? Pine Point Grt Cln Oil O.'JD Bralorne Placer Dev Gen Motors 79.25 Broulan -28 P.C. Exp. 3.90 Grt Lakes Ppr Belhlehem 17.75 Quebec Man Gulf Oil Cda Brunswick 3.70 Roy rock 1.03 Greyhound 22.50 Can. N.W Land 7.10 Radlore .40 Hawker 'Sid 3.BO Canada Tung. 1.50 Rio Algonv 17.50 Hur Erie 31 Casslar Roman Corp. t.AS Hiram Walker Central PaL 1.28 Sherrltt Gordon 12, SO Imp Oil 42.75 Chlmo 1.00 Sliver Miller .JU% Imosca Conwesr 5.25 Sleep Rock 1 72 Int Nickel 30.75 Cons. Rambler 3.10 Tek Corp. 5.10 Int Pipe Coin Lake Texmont 30 Inv Grp A program of building and improving airfields in the Canadian miles north of Frobisher Bay on Baffin Island, in September, the defence by the end of 1975 under a six-year project that began three summers yet unamed on the west shore of Hudson Bay. The million program la being financed and co-ordinated by the northern affairs department, with the defence department providing labor and equipment. During the last three summers, a crew of 15 engineers, mechanics and cooks worked 12 hours a day at the Pangnirtung site. The result was a runway, a parking ramp, fuel storage facilities and a maintenance building. The isolated community of 700 will henceforth have year-round air links with the outside world. d By VICTOR MACKIE Herald Ottawa Bureau OTTAWA A million dollar loan by Central Mortgage and Housing Corporation to the Manitoba Housing and Renewal Corporation to assist in the horn struction of 39 family dwellings in Churchill was announced here Thursday by Urban Affairs Minister Ron Basforl. At the same time he announced a loan of to the Manitoba Housing and loan Corporation for the construction of 36 low income family housing units in Winnipeg. The development, a grouping of five two-storey buildings at the corner ol Watt Street and Thames Avenue in the St. Johns community area, consists of 11 two bedroom maisonettes together with 18 three bedroom, six four bedroom and one five bedroom row housing units. All neighborhood amenities are located in Winnipeg within easy walking distance. The CMHC loan for the dwellings in Churchill is provided under the National Housing act. The loan is for a term of 50 years at interest of 7T4 per cent. This covers 90 per cent of the construction with the remaining 10 per cent being provided by the p r o v 1 n c e of Manitoba through the Manitoba Housing and Renewal Corporation. The development will consist of 39 two storey detached buildings without basements. Rentals for each of the 20 three bedroom and 19 four bedroom dwellings will be determined from a rent to income scale with the average rent anticipated at per Mines 2.40 Wright Hargreaves .CO Kaps 1 1 .00 Denfson Mines 27.50 Wlllroy 1.31 Laurenllde Deer Horn -01 Windfall .13 Kelly Doug A 775 D'Elddna .50 Yellowknlfe Bear D.55 Locb 3.BO Dome Mines 60.00 Zenmac .10 Loblaw A Donalds .50 INDUSTRIALS Met Stores 20.50 Discovery Mines .70 Abltlbl 9.75 Massey Ferg East Malarllc 2.15 Alcan McMillan 33.25 East Sullivan 2.15 Algoma Sleel 1275 Moore corp shareholders oi record December T, 1972. By Order of the Board. H. J. leMOIGNE, Secre 281% 279% 280 Mar 27311 276% June 272 271 Rapcsccd Thunder Bay Nov 254 233% Lethbridge Livestock Lclhbrhlgc Livestock (Supplied by Canada Department of Agriculture) On offer 11 a.m. approximalo-y cattle and calves. Reccipls practically all replacement catUe. Trade aclive. Tood and choice butcher steers and heifers sold 25 cents or more higher. All classes of cows to lower for Ihe veek. There were insufficient -cplacement catlle on offer to 11 a.m. to make a reliable quotation. Choice slccrs 35.25 to 36.20; good 33.50 lo 34.50. Choice heifers 33.25 to 3-1.10; good 32 lo 33. Good cows 22.50 lo 24; report Choice slaughter steers 35.23 to 36.60, good 31 lo 35, medium 32.50 lo 33.50. Choice heifers 3.125 to 34.20, good 32 to 33, medium 30 to 32. Good cows 23.25 to 24.50, medium 21.50 to 23.25, canners and cutters 17 to 21. Good bulls 26 to 27.50. Replacements were mostly stock calves in the 400 lo 500 pounds range. Yearling cattle were in short supply. All classes and grades of replacements sold on a generally steady basis. Good feeder steers less than 750 pounds 37.50 to 40.10, more Uiaii 750 pounds 34 to 38.70. Good feeder heifers 32 to 37.60. Good stock steer calves 400 pounds and up 44 (o 262's Jly 2607i Oats Dec OB-ii no'''' asTi May 90'i 91 91 Jly 91 9014 31 Barley Dec May 12GTJ 126H I26Ts JlV 128 12714 128 Rye Dec I20'i 1197i 12011 May 12614 1251s Jly _ sorghum, oats and bar-ey is estimated at 198 million tons, down four per cent from 1971. The October esti-ma'.c was 153.5 million tons. Soybean production was SALE By virtue of a seizure made by me 1 am offering for sale in accordance w ih the provisions of the Seizures One 1969 Forgo holf-ton Truck, Serial No. D1B-2J-27702 One 1967 CMC half-ten Truck, Serial No. C95 147 11 02720 Trucks may be inspected at Enerson's of teth-bridge, 9th Street and 2nd Avenue Norlh, Lethbridge. Bids must be submitted in an envelops marked "D 5137" and addressed to The Sheriff, Court House, Lelhbridge, before p.m., November 20, 1972. A. A. GILCHRIST, company chairman Ont. (CP) Dob ert H. Reid, 6G, vice-chairman of the board of London Life Insurance Co., died here after a onr; illness. Mr. Reid stepped dcnvn as ii'esident last year because close Wednesday. Nov 35.GOB; Jan 37.00A; Mar 37.00N. Wednesday's volume: 12 20 to 22; canners and cut-Cl'S 10 lo 19.50. LcthbridRe 35.95 base price, lambs 24 to and up 35 lo 40. A few Rood heifer calves less than 400 pounds sold lo years. A native of London, he joined he company in lie was elected vice president in Public Service II T Canada Canada _______________________ N. G. Ivcrson nlannina II III ly Tel: 32V 5514 builds your estate today, conserves it for your family tomorrow. Call your nearest Manufacturers Ltfo Roprcscnlnlivo. is.Hi The Manufacturers Lilc Insurance livestock CALGARY (CP) Receipts on the Calgary livestock lo 11 a.m. totalled lead; mostly replacement cat-le. Trade was aclive. Tire few slaughter entile of-crcd sold steady with closing >riccs Thursday, which arc base price president, in ADMINISTRATORS Indian Affairs Branch Department of Indian and Northern Affairs Lcllibridgo, Calgary and St. Pnul, COMPETITION IS OPEN TO BOTH MEN AND WOMEN DUTIES: Under direclion; provides technical ar.d consullativa odvico regarding negolialions for use of Indian lands; Implements the Deparlmenl's responsibilities for lands sel apart for Ihe bencfif of Indian Bonds ond for surrendered hndi under the control of tho Minister; ensures utilization of land use information; promotes the capability of Indian Bands to assume responsibility for reserve lands; advises and assists in administering land assets in estates. QUALIFICATIONS: University graduation or proven ability through work history, with evidence of aptitude for Salesman of the ferh Bcny Chevrolet Oldsmobilc is pleased lo announce Mint Murray Bullock has achicv-f ed the honor of ".SALESMAN wea'llh of experience in the j sales field in the automobile! K industry, lie welcomes his v many customers to come in and see Mie new 1 197.1 cars and trucks. As an 1 >y c.xpcricnccil transportation L export his advice lo j is Bffilllk JIHH CHEVROLET OLDSMOBHE OK SUPERMARKET CAR LOT j MURRAY BULLOCK PHONE prices EDMONTON (CP) Avcr-IRC prices lo 11 a.m. provided >y (lie Albcrla Hog Producers Marketing Hoard: Edmonton; overage Thursday Tied Dear: 3fi.l5, average Tliuredny 35.60. Calgary .10.20, n v c r a R c Thursday 35.81. Lelhbridgc: No sales, nvcr-ngc Thursday tho duties of the position. Forward "Application for Employment" (Form PSC 367-401) available at Post Officci, Canada Manpower Centres 24, 1972 lo: Regional Director, Department of Indian and Northern Affaln, Indian Affairs, 27lh Floor, CN Tower, Edmonton, Alberta. Attention: Staffing Officer. Please quota competition no. 72 ;