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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 18, 1972, Lethbridge, Alberta 14 THE LETHBRIDGE HERA1D Sulurclny, November 18, 1972 DJA sets new market history NEW VOHK (AI'i Amid universally-watched indicator i on lire floor of the New Stock Exchange, the Dow- Jones indusirial average closed hns set records in thvcc sessions in The New York Slock above l.tlffll points for Ihe first i change index, a much broader lime in history Tuesday. gauge of market activity than In the aftermath, Wall Stree- uow sjnce n includes some tors arc askirg llomselves j j 400 common stocks, also set a what the loiig-imn con- j Tuesday. It closed up .54 sequences would he. at 62.9-1, erasing Hie old high of "Do investors who have been B2.52 set Nov. J. Standard and waiting for Ibis historic level I poor's index of 500 stocks also now start selling off and taking profits, ol' does the event in- crease investor asked Robert Johnson of Paine, Jackson and Curtis. "This could be the great in- centive lor (he small investor to of the Madisnn Fund. The Dow average of 3d indus- t-ial stocks closed at 1.003.1B, up 6.09 from Monday's close of fol'7.07. the previous record. The Salesman MOTOROLA MOTOROLA Our soles forte is growing fasf as are our managerial needs. Where will mcst of these sales managers come from? Right here: RADIO REPRESENTATIVE This is the springboard! As a Motorola Radio Communica- tions Representative you will gain vilal exposure and ex- perience to our entire mar- keting cpeiolion. The nexl step could hr Zone rVanacer and from thcrr you can ad- Hrannirnlic-n r-- y-iip --H1U nnd "-FtorK IcLc yc.u go If we'll prcvid'- Mie (raining nnd llie including: COMPETITIVE SALARY IN- SURANCE SALARY PROTEC- TION, PROFIT SHARING, CAR, tIBERAt BENEFITS. tOCATION LETHSRIDGE We need you now, so call G. WESlEY Regional Sa'es Mgr. Canadian Motorola Electronics Company 903 42 AVE. S.E. CAtGARY, AITA. 287-2111 hit a new high, 114.95. Last Friday marked the first lime the Dow ever has ex- ceeded points at any given moment dining trading. But four additional times in Jan. 18 and 19 and day. the official intra-day high of the Dow was over The official figure is derived after the close of trading, using the individual highs of each of the 30 component stocks, even if those highs were achieved at varying times. i The facl that Ihe level had been approached so many times and never surmounted at a day's end had created an aura of impenetrability around i1.. That aura now may be evaporated. i THINKING HIGHER j "A lot ot technicians watch i Ihe tape and buy on this kind of said Charles j Lewis of Treves and Co. "f'm now starting to think about 100 and Lucien Hcoper of E. Hut- ton and Co. was more cautious. lot. of people have been waiting a long time to sell when the Dow reaches he ob- served. There was 3 deal ol celling Monday and Tuesday, hut Ihe markcl's ability to with- stand the selling pressure was seen as a reassuring sign, thus helping the Dow gn over Ihe Brokers ciled these other lac- lors as having helped the deci- sive upsurge: 1. North Vietnamese negotia- t tors wen; preparing for what j the public hoped would be a fi- nal round of peace talks. 2. The U.S. gross national product rose even faster in the third quarter than had pre- viously been thoughl, govern- ment economists said. 3. President Nixon's landslide re election has removed an un- i certainty from the market. CECIL ETHERINGTON FARM AUCTION SALE 6 MIIES WEST ON AIRPORT ROAD CLARESHOLM, ALTA. LUNCH AVAILABLE NOV. 20-11 a.m. Having been favoured with instruction! from Mr. and Mrs. Elherington, who have sold their Farm, we offer for public auction the following list of items. TERMS CASH the day of the sale, with lettlement in full before removal from the farm. TRACTORS 1 1942 John Deere Model D, P.T.O., hand slart, good con- dition. N Ford Trad or, dual trans., new battery, runs good. 1 W6 Traclor, good rubber, storls good, transmission needs repair (1o be sold as THRESHING MACHINES 24x42 Waterloo separator, complete wiih belts, runs real good, used this fall. 1 21x36 Woods Brothers -threshing machine. machine, good for scrap steel. Binder on rubber, new knolter, good condition, used this fall; Also quanlily new parrs. MACHINERY 1-NalJonal field sprayer, 33' wilh 200 gal. tank, new pump; No. 33 6' oneway with seeder box, on rubber; Deere 14 T baler, good condition; shult 8' oneway; 1-12' cullivalc'r, 3 1-12' IHC rod wecder, end drive; 1 Massey cullivator; 1 10' Oliver cultivalcr John Deere 3 boliom plow; 2 Breaker bolloms; horse mower; combin- ation hammermill and feed culler, complete; 2 tired wagons with racks, steel running gears. VET. SUPPLIES Dehorners, Slock Prod, Budiizors. FUEL TANKS ]-300 qcl. fuel lank, hose, filler, nozzle. MISCELLANEOUS 1 -Scl of s'ock racks for 1968 GMC wide box; 2-Pro- pane larches, 1 -Small propane bollle; 1 -Branding box; ]_Beam scale: 1-Hog scale and craic; 1-Leg vise; 1-Holf Ion endless chain haul; gross seeder; weed sprayer; 1 endless bell, good; 1ool boxes; 1 parts bin; Quanlily of repairs For threshing machines; Ouan- tily of repairs for Quanlity of bolts; 1 !i" socket set like ntwj l-W.'W calf cradle; 7-16" grain auger l-Half horse clcclric I-Buzz sow; Quanlity of belt! for threshing machine; Gas pump; Funnels; Broca and bitsi log chains; Shovels; Fencing lools; treated posts; 3 feed bunks; Scrap iron; Large quanlily fjre wood in neat pile; 1 --New battery charger 6 and 12 voll; Quantity of tools. And many more ilemi loo numerous lo menl'on. HOUSEHOLD ARTICLES Coleman oil hearer; Acme conl rango, Beach wlnle coal range; Old irt> Aparimcnl Size frig., (will Zen- ith rlrc- Inwn mower; Kelvinolor electric range, (push bul- lon style1-; Inglii nutomnlic wash, (wringer ?-Wringer washon, ono wilh pump nnd dial; Mcial butlrr churn; 2 gallon crnom tons; old kerosene Inmps; lan- trrn; iron; Copper boiler; Old kitchen rahincf. -and mnny arlicloi too numerous to mention NOTE; Descriptions given above act as a guide only and In no way express warranties, actual or Implied. All ittmi told "as is, whoro is." ROY'S AUCTION SERVICE GRANUM Ph. 236-2102 ROY FJORDBOTTEN DON WALPER Lie. 010337 Sharp pledges hard line against hijackers OTTAWA 'CP) The presi- dent of the Canadian Airline Pi lots Association spent 43 mm- ires arc planned to further curb hijacking but added that the response [rom the govem- ilcs ttilh External Affairs llin-1 menl in (he past has been "ex- isler Mitchell Sharp Friday and ccplionally good." was assured lhat Canada will! Captain Simpson, accom- continue to lake a hard against aircraft hijackers. line psnicrt by John T. Kcenan, gen- counsel for the association, Captain Charles II. Simpson said Hie possibility of a hijack- told reporters after he emerged I ing treaty with Cuba was dis- from the meeting lu1 iv a s j cussed during the meeting, pleased lhat Canada's position i Sharp's office is still remains "as firm and positive j pursuing this matter and we as it has been in the past." discussed with him what could He said the minister gave no j for? done through the Infer- indication that any new meas-i national Federation of Airline Pilols to possibly get more ac- tion, get something finally signed." Captain Simpson said a draft treaty has negoliated but remains to be finalized. "There are a lot of delicate points." He said he could not estimate how long it would take to com- plete negotiations but noted that Canada is the only country in North America in which Cuba has landing rights. "ff we want to put the squeeze on Cuba we're certainly in a position to (Jo so." The meeting was arranged in the wake of a U.S. hijacking last week in which three armed men commandeered a Southern Airways jet and forced the pilot to fly to Cuba twice in an or- deal that lasted nearly 30 hours. At one point, FBI sharp- shooters shot out the tires of the aircraft as it was taking off and the final landing in Cuba was made on a runway covered with foam. Captain Simpson said the FBI's action breached a-> agree- ment with U.S. airline pilots that no intervention would be made without the "expressed request" of the pilot. He said Canadian pilots have similar assurance thai the RCMP will not move in unless requested but they wanted to make sure that there has been no change in "Canada's position with other governments" on this matter. This was one rea- son for the meeting with Mr. Sharp. During the meeting. Captain Simpson gave Mr. Sharp a copy of a letter from Canadian I. lots to Prime Minister Trudeau. The letter, which Mr. Sharp agreed to give to Mr. Trudeau, said the association was shocked by the violence ot re- cent hijackings and the dis- regard for international law by countries "who offer i haven fir air pirates." It asked that flights from Canada to all such countries be suspended along with any for- eign aid now being given. NEW DECCR4TC THE ELEGANCE Of THEN TC THE EFFICIENCY CENCW! Add a showphone lo your home! Imagine how one of these beautiful old-style DECORATOR PHONES will accent the decor of any room. Plan to add one as a home extension phone now. Call your nearest AGT business come in and see the full selection of styles and colors. Mediterranean Cradlephone with handsome hardwood base; glossy black handsel and dial-panel; gold trim and dial. Candlestick Phones in red, white or black, with gold trim and dial. Antique White Cradlephone wilh elegant hardwood base; while handset and dial-panel gold trim and dial. Carved Walnut Beige handset complements the crafted walnut cabinet. Or ask about tha Black Lealher Chestphone. NO INSTALLATION CHARGE if ordered as a home extension phone before December 22 Call AQT now for full details of this special offer ;