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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 18, 1970, Lethbridge, Alberta g THS liTHBRIOGE HERALD woflnosooy, io, indexes cleelme OTTAWA (CP) Consumer price indexes fell in Octubcr in nine of the 10 cities and city groups on the Dominion Bureau of Statistics survey, the bureau reported today. Halifax's index rose. The indesos are bused ou 1961 prices equalling 100 but cannot be compared on a city-to-oity basis. Lower food prices in all major cities influenced the pal-tern, especially for meat and most fresh produce. But the index component rose in nine cities {or housing, clothing, health and personal care and recreation and reading indexes rose in eight cities. The Halifax index rose by .2 per cent to 124.3. Other readings: Si. John's down .1 per cent lo 121.2; Saint John, down .4 per cent to 123.4; down .7 per cent to 123.6; .2 per cent to 127.5; Toronto-down .2 per cent, to 127.1; Winnipeg down .5 per cent io 127.1; Saskatoon-Hegina down .7 per cent to 122.1; Edmonfon-Cal-gary down .4 per cent lo 125.7; Vancouver down .2 per cent to 123.3. Market r downwan TORONTO (CP) The Toronto stock market moved irac-ionally downward in mid-morn-ng trading today, interrupting wo consecutive gaining sessions. On index, industrials were down .49 to 162.95 and western ills .76 to 176.62. Golds were up 2 o 181.65 ant base metals .28 0 Volume by 11 a.m. was bares, up 'from at the same lime Tuesday. Weakest sectors were in-iustrial mining and steels. Frees of individual slocks vere not immediately available jecause of computer difficulties the exchange. DULL TRADE NEW YOflK (API The stock market declined over a >road range in dull trading early this afternoon. Will) no developments to d trend courage Investors, the market drifted lower from the start. It was a continuation of a slide that got under way in late trading on Tuesday, when good early gains were erased. At noon the Dow Jones average of 30 industrials had tumbled 3.97 to 756.50. The Associated Press 6D-stock average at noon was down 1.3 to 25S.8. Nalotnas, down lo paced the m o s t -a c t i v e list. Goodrich fell to and General Motors was oil lls to S'l's. Dome Mines was the only Canadian issue to register a gain on the New York Stock Exchange, up at Hudson Bay Mining dropped to ?18Vi Granby Mining was off li at and Inco was off to On the American exchange, Scurry Rainbow lost 1% to and Canadian Javelin o Canadian Marconi added 11 to NO REPORT MONTREAL (CP) The Canadian Press reports the Montreal noon stock report will 3e unavailable today due to technical problems at the Mo 1-treai Stock rings tossed into trash JACKSON, Miss. (AP) -Police said Tuesday that (wo diamong rings valued at a total of apparently were thrown out with the trash during confusion in the emergency room of a Jackson hospital. Mrs. Conlell Reid of Magnolia was wearing the rings last Friday night when she received emergency treatment at the University Medical Centre here, police said. A aide told authorities the rings had blood on them and she removed them for cleaning. She said 'she placed the rings in a property envelope and was preparing to turn them over to the head nurse .when she got sidetracked by another emergency case. When she returned to retrieve the envelope from a table, she said, it was gone. Police said they had con-eluded the rings probably were thrown out with the trash. Water firm given grant of VANCOUVER International Ltd., a water purification firm ras been awarded a jrant by the National Research Council to produce drinking vater from sewage. Company president Dr. Gor-lon Robertson says the grant vill enable the firm to hire eientists lo undertake a program. He described the grant as one >f the largest ever awarded by he NRG for an industrial pro-ect, and said the company al-eady has a process for steril-zing water but that it cannot ret restore sewage to accept-ble drinking standards. Dr. Robertson announced the iward at the firm's annna neeiing and said Aquacare ilans a feasibility study in amjunction with a Canadian xnk to arrange additional debt inaneing. The firm, formed in 1967, produces two basic types if water purification systems. Che systems, intended for do-nestic and industrial use, on tiltra-violet light for moustache at stake CORNWALUS, N.S. (CP) A magnificent moustache was at the facial foliage for the past 20 years ol the base warrant officer at Canadian Forces Base Cora-wallis. Chief Warrant Officer J. G. Austin pledged one quarter of an inch of his moustache for each the base central charities campaign exceeded its objective. Apparently encouraged by visions of the disciplinarian getting clipped, the recruits and staff pushed the total to more than or 2% inches of moustache over the objective. During a commander's parade, Nursing Sister Lieut. Cathy Holland wielded a huge set of clippers and amputated 1% inches from each side of the quivering moustache. The pledge was honored in units hit weak spot PHNOM PENH (APJ Communist troops launched a fresh round of heavy attacks today along the Cambodian northern front where a government position was apparently weaker than at any time since a North Vietnamese offensive began eight days ago. Reports from the scene said that in one attack the Communists pounced on elements of a five-battalion government task force at Mien, 45 miles north of Phnom Penh on Highway 7, killing seven Cambodians and wounding 41 others. Heavy U.S. air strikes destroyed about half the village but were unable to stop the attacks, witnesses said. Meanwhile, the Cambodian high command in Phnom Penh reported two strong attacks the. one at Phurn Trapemg Tolling about 11 miles northwest of the capital, and another at Kompong Pring about 14 miles southeast of the capital. Earlier it was announced in Saigon that thousands ol South Vietnamese troops pushing into northeastern Cambodia had uncovered one of the biggest North Vietnamese ammunition stockpiles of the war. Honey mart outlook good EDMONTON (CP) Honey production in Alberta totalled I million pounds in 1976, ahead of 1969 produc-ion and twice the 1968 total of 0.2 million pounds, Jack Ed-tiunds, former supervisor of he provinieiai apiary branch, aid here. "World markets are stronger iau they've been for years for Janadian honey and prices are lie strongest they've ever Mr. Edmunds said. Honey is being marketed at 4 cents a pound and excellent marketing opportunities ibound, he said. Mr. Edmunds attributed the trong world market lo reduced wodaeUon by three major vorld suppliers Red China, fexico and named to rail post EDMONTON (CP) J. H. Spicsr, 46, of Montreal has been appointed vice-president of Ca-n a d i a n National Railways' mountain region, it was announced here. Mr. Spicer direct activities in British Columbia, Alberta, the Yukon, Northwest Territories and western earnings By THE CANADIAN PRESS Alberta Gas Trunk Line Co. Ltd., nine months ended Sept. 30: 1970, 1969, Canadian Breweries Ltil., three months ended Sept, 30: 11.3 cents a share; 1969, 13.7 cents. Dome Petroleum Ltd., nine months ended Sept. 30: 1870, S5.903.000, S1.74 a share; 1969, General Bakeries Ltd., six months ended Oct. 3: 1970, loss: 1969, Computer Data Processors Ltd., year ended June 30: 1970, loss: 1969, Home Oil Co. Ltd., nine is a native of Winnipeg months ended Sept. 30: 1970, four' cents a share: I960, 60 Sombardier factory destroyed in fire ROXTON FALLS, Que. (CP) An early-morning fire in this small community 55 miles east jf Montreal Wednesday heavily lamaged a factory belonging to iombardier Lid. A spokesman or the lire department said no yne was injured in the blaze, >ut the factory was a total loss. rhe fire leaves about 250 employees v.ithout tic action favored by teachers VANCOUVER (CP) An overwhelming majority of British Columbia's teachers have voted to take strike ac-tloii unless the government brings in legislation to improve (he teachers' pension plan, the president of Ihe B.C. snid today. Jim KiJleen announced at a news conference that 83 per cent of teachers voted in favor of striking, if necessary, to support their demands, The Social Credit government, lias promised to revise the pension plan in the nrxt legisbUve ucsl yi.'ar. A sfrike v.mild mil Udar place until jit'tcr Uiat. 4 SAVE TOP 60% ON MUFFLER REPLACEMENTS WE HAVE: A MUFFIER FOR MOST CARS FREE INSTAUATION 10 MINUTE INSTALLATION LIFETIME GUARANTEED MUFFIERS FRK INSPECTION AND ESTIMATES Alt AT 509 6th Avenue South Phono Miscellaneous sn Vancouver, Calgary, (Supplied by Dohcrty, RoadHouse and McCuaig) LAST BH> OU SALE fl.m. Quotes) a.m. Quotes) i.m. have WESTERN OILS Inll Utll Corp Invest Alminex 530 lnler 7.0S Corp Invest S P 4.2B B.75 DrcylifG F U.S, Ift37 DEER (CP) If one- Asamcra 13.62Y2 BitnfE 1T.62V2 Kaiser Gr Eqully (S.G2 7 Gr fn Shares 2.98 of the Canadian farmers 8P Oil Gas 5-00 Kam invest Gr 5.J7 vacate their Canus, 95 per Can SouMi 'tjmilj, allow for gallons per hour out effect on fish was not ,Uit: ground until (he fluid sump. He had bccrv IglU lo to create a favorable environment for the fanner, but he must make his own decisions. "I have confidence that the farme: will make the right decisions both for the farmer and for Ihe country if he is given an opportunity to use his judgment." He said fanners likely would have cut back v. wheat this year even without the LIFT program. "They may not have gone as far as reducing it under LIFT, but they would have moved io the right direction." He said also that the decisions would have been much better it the government had supplied sound figures for _ the farmers to base their decisions on. Early production hopes are fading DETROIT (AP) General Motors' hopes of returning to production by Dec. 1 are fading, despite overwhelming approval of a new contract by all the United Auto Worker locals vot- ing thus far. One highly-placed company source estimates it may be Dec. 15 or later before GM swings back into full production from a strike, now in its ioth week with workers left idle in the United States and Canada. At-the-plant working agree- ments, which supplement the overall contract, hold the key, and 57 of 155 separate UAW bargaining units still are negotiating. Among them is one plant held absolutely necessary for a return to production. Local bargaining units were autliorized by the UAW to con- tinue striking in support of at- the-plant demands when the UAW and GM reached agree- ment last Wednesday on na- tional contract. GM says the new contract will raise wages from to annually fay the final year of its three-year span. The 155 units have been _ In- structed to complete balloting by Friday on the overall con- tract, but GM says it -will take three to seven days to fill parts pipelines after crew have put. plants in shape to start up again. The UAW can't give GM a final yes Or no on contract rati- fication until Saturday, and that leaves only five days in Novem- ber. The plant still without t to- eal-levei agreement held "abso- lutely necessary" is a Fisher Body stamping plant supplying all divisions and located at Ohio. Six of seven Canadian local- level settlements have been reached. Patrick blames pollution hysteria on neivs media CALGARY (CP) and certain organizations hysteria now sweeping selfish motives. country could create the petroleum chaos, says A. R. Patrick, of the Canadian Insti- berta mines and minerals of Mining and MMallargy, ister who blames the news Patrick said Tuesday that for its headline of the problems of the environment that suggests "crisis proportions." of the subject ap- Lefhbridge the limits of "hysteria (Supplied by distortion. Department of Agriculture) On offer to 11 a.m. 240 cattle. Receipts include butcher steers and heifers. Trade plant strike ends tive. All classes of light er steers continue to meet Ont. demand at steady prices, of Libby, McNeill ant over fat kinds are being of Canada LM. will re- counted per cwt. Good wage and benefit in choice weight trailing an hour heifers are selling 2S a three-year agreement higher. The few feeder Saturday, the cornpanj on offer sold today. A company Choice steers 29.25 to said the settlement con good 28.50 to 29; medium 27 a 30-per-c e n t increase three years from present Choice heifers 28.26 to Tlie agreement affects good 27.25 to 200 employees. Butcher hogs sold Tuesday f.o.b. tethbridge to futures base price. Calgary (CP) The Win nipeg beef futures market W8! CALGARY (CP) active Tuesday with to 11 a.m., head, in the November aw slaughter steers and futures at prices 1C Trade was below to 13 points over Slaughter steers sold 25 lo close. cents higher, heifers were of trade Monday short supply selling steady. Cows were mainly medium contracts. Open High Low Close carmer kinds with all 31.10 31.25 31.10 31.10A selling fully steady. Bulls 30.23A Mar 30.50 30.50A Choice steers 29.25 to good 28 to 28.75, medium 27 to 27.25. Choice tiefers 28 to futures good 27 to 27.75, medium 28 to 26.75. Good cows 20.25 to 21, medium 18.50 to 20, canners and cutters 13 to 18. Good (CP) The Maritime potato futures market was inactive Tuesday. In quiry entered at prices even 23 to 24.50. Replacements were mostly stock calves and feeder to five points below current levels but there were no transactions. meeting a good demand at steady prices. Good potato futures morket was inactive Monday, steers 750 pounds up 29 to High Low Close good feeder heifers 27.50 to 2.57N Good feeder cows 19 to 2.70A good stock steer calves 38 to <12.50, good stock heifer 3. ISA 31 to No hogs were sold. sold lower with mixed lots CANADIAN lo choice 25 to PROCESSORS for Ironic he Kegislry of the Com- will be closed from the CALGARY (CP) Villaccn-trcs Ltd., a Calgary-based of business on Thursday, November 19sh, 1970, until the close of business on pany which operates November homes in Canada, today preparollon for the Annual ed net earnings of of fhe Company 1o 28.5 cents a share for the held of EricksGn's, lefh- months ended Sept. 30, up from or 24.5 cents a share in Alberta, on Thursday, November 26fh, 1970, of flic Hmrr of p.m. (tethbridge Cash flow was or cents a share compared J. BANFISLD or 35 cents a share Vice -President year, Gross revenue for Secretary. nine-month period increased 23 per cent (o ;