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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 24, 1973, Lethbridge, Alberta i AH i Farm commodity lulurcti Uritvs gained strongly on Ihe board el this week. Most 'foininodilies on the mercantile closed the week slightly rhaniteif ID a shade lower. Kaslerh conniKitlilH.'s were mainly lower. When trade ended lor-the week Kriday. up M to Jan. at faivbcan meal gained to a'ton. soybean oil Calgary Sales at the Calgary Puttie Stockyards Friday totalled 800 1.100 calves and 88 Goodpfeeder heifers 38-46. Good feeder cows 29-37. Good stock steer calvos dwr'400 pounds sales to. 65. .300-400 pounds 56-63. Good stock heifer calves 300-400 pounds to 54.50. price 53.15-53.85. P. 25 EDMONTON Closing average-prices provided by the Alberta Hog Producers marketing board 'with .Thursday average in 53.79 Red 53.76 53.81 Nil Nil Fort Nil Total nog sales average 53.79. No sows sold Friday. 699 prices up Wl lo points. Di-e wheat rose 9U. Iki- corn up 124 to Iti. Dec 2.TI und tuts up 2 to 6. IX-c I 'Hie bulge in prices of futures in the soybean ciimplvx was attributed to a strong ik'ilund influemed by expanded t an increase in toe amount of soybeans crushed for oil and and concern Hull farmers are holding back their soybeans in an loil lo increase prices. 'Three soybeans and soybean meal prices advanced to limits allowed for one while soybean oil mov- ed to the. limit one day. Trade con- tinued active in the complex to Kriilay'.s but there appeared lo IK' some Fctup in the oil pit. The sliarpest advance in the wheat pit was in distant options. quotations Doc. Mar May Jul Scp 3.97. Mar May Jul Dec Mar 2.49. Dec Mar May Jul Sept 1.36. Dollar valua MONTHKAI. id'i U.S. in lei IMS ol Canadian funds closed up 2-25 at S0.99 21-25. Pound sterling was diiwn 2 at 17-itKI. In New the Canadian dollai duwn 4-25 at 425.1'ound sterl- mg was down 17-25 at 11-100. earnings Weekly egg and poultry report issued by the federal agriculture tAif.fr To prod A large 69. A medium A small B C cracks To A large A roecJium A small 62-64. To consumers A large 'A' medium A small 67- TO live No. 1 chicken 5 and irider under 10-12. Under 12. 12 to 18. 3ver 45. No. 2 chicken 6 and over 5 aid 'under turkey uri- Ser 12tO over 43. Winnipeg grain Rye and rapeseed following strong market trends in Chicago wheat and soybeans posted. good ad- vances early on the Winnipeg Com- modity Exchange. But some profit-taking-late in the session trimmed rapeseed gains while rye tapered off in a relatively unsettled market. Oats and barley were relatively unchanged in a dull trade while flax worked lower for the first lime all week after a strong opening. At the flax was three to seven cents Vancouver rapeseed 7Vj to one higher. Thunder Bay to nine oats high- er to barley unchanged lo three rye four higher to one lower. Thursday's trading volume was bushels of of jats. 10.000 of of and of rye. Thunder Bay export wheat prices all were up 'A cent. 'Grain quotes Friday Ilifili muss BACM Industries nine months ended Sept. 1973. a 1972. Bank of Nova yea i ended Oct. a 11172. Sl.MH. Bell Knit Industries nine iniililhs ended Sepl. nip per share 1972. Sfi.OOU loss. Hollinger .Mines .nine iiinntlis ended Sept. 1973. n 1972. 86cents. of Braemore Furniture three months eiidcilSepl. .tl3.ti.743.- 20 cenls a 1972. Iti cents. Keeprite Products nine months ended Sept. 44.9 ccnis a 1972. ceiils. Bonds 5ec 1077 985 1077 1003 1110 1029 Vniu-iiim-r- JOV 598 Vz 582 586 Ian 597 577 581 dar 594 577 lun 590 571 Hilt 543 531 day 559 546 Hy 528 171 170 161 160 ly 153 251 253 ly 226 276 lay 294 280 290 ly 290 Vi 276 283 SUPPLYED BY DOHERTY McCUAIG LTD GOVT OF CANADA BONDS Oct. 98.50 99.00 8 Jul. 103.PO 104.00 Sept 81.25 82.25 Sept 80.00 81.00 3 Sept ISPerp 39.00 41.00 Apr. 99.50 100.00 Jul. 102.00 102.50 PROV PROVINCIAL GUARANTEED Alta '90 102.00 1Q4.QO Ont 7 '88 89.00 91.00 Ont H 9 '94 104.00 106.00 NB '90 104.00106.00 Nfld 8 '74 99.00 101.00 NS '92 83.00 86.00 Que '74 99.00 101.00 Alta '90 103.00 105.00 Man H 8 '91 95.00 97.00 Sask '90 102.00 104.00 Nfld '90 103.00 105.00 Alta GT 8 '74 99.00 101.00 Man GT 8 V4 99.00 101.00 Alta Gas '90 102.00 104.00 Alcan '91 103.00 105.00 BC For '92 104.00 106.00 BC Tel '90 102.00 104.00 Bell Tel 79 102.00 104.00 Bell Tel '93 104.00 106.00 fcP Ltd '89 100.00 102.00 CP Sec '90 102.00 104.00 Cdn Util '91 104.00 106.00 C.W.N. Gas '90 104.00 106.00 Gulf Oil '90 100.00 102.00 In Prov Pipe '90 103.00 105.00 Massey '80 103.00 105.00 Noranda '90 103.00 105.00 Intl Nickel '90 103.00 105.00 NSC '91 103.00 105.00 Steel Cda '90 103.00 105.00 Tr-Cda Pipe '90 105.00 107.00 '90 107.00 109.00 West Tr '93 96.50 98.00 Alta Gas '90 114.00 Con Gas '89 85.00 87.00 Dynasty 7 '82 111.00 Ac'klands '88 97.00 102.00 Scur Rain '88 93.00 96.00 West Tr C '88 81.00 84.00 West Tr '91 107.00 109.00 Ottawa REGULAR CATTLE SALE EVERY MONDAY lUM. Dec. 1st 11 a.m. 800 TO HEAD TOP QUALITY RANCH CALVES REMBMBKR... HOG SALES every WEDNESDAY We will be assembling Market Hogs lor the Marketing Board and sell Weaner and Feeder NO HOGS WILL BE'SOLD MONDAYS OTTAWA The number of slaughtered cattle and calves sold at public stockyards this week declined more lhan head to about Toronto reported a moderate de- mand for top-quality steers while western prices were uneven with Winnipeg reporting early losses and Calgary mid-week gains. Veal prices remained steady in all centres while the numbers of feeder cattle and calves sold declined about to about and lamb sales declined by 450 head to 4.650. The east reported good 'lamb prices and increases of SI.50 were reported in the west. Index 100 hogs increased by 30 cents in Toronto while western centres reported a decrease STOCM HIM Slaughter steers A-1 and A- Calgary Edmonton Saskatoon Winnipeg Toronto 48. A-1 and Calgary Edmonton Sasxatoon Winnipeg Toronto D-1 and Calgary Edmonton Saskatobn Winnipeg Toronto Slaughter good and choice Edmonton Saskatoon Toronto Montreal 74. Feeder steers over 750 APPOINTMENT Livestock Calgary Edmonton Saskatoon Winnipeg Toronto Feeder steer calves 401-575 Calgary Edmonton Saskatoon Winnipeg Toronto Good Calgary Edmonton Saskatoon Toronto Montreal Index 100 hogs Calgary Edmonton Saskatoon Win- nipeg Toronto Montreal Lethbridge Sales Monday to 227 357 lambs. Butcher cattle prices 50 to as much as higher. Replacement cattle and stock calves lower.' Cattle market moderately active. Slaughter steers meeting good prices 50 or more higher. Slaughter heifers 50C-S1 higher un- der keen compared with last week's close. All classes of cows selling S1-2 with heifery kinds up to 35. Bulls steady to strong. Medium and good stocker and feeder steers meeting only fair demand. Stock steer and heifer Calves under pressure and selling un- evenly lower. With some breeds being discounted S5-10 per cwt. UITKH Steers Al and 2 heifers A1 and 43-43.90. Cows D1 and 28.00-30.00. good 36-38.30. i Good feeder steers over 750 Ibs. 41.00-44.50. Good feeder steers un- der 750 Ibs. 50.00-56.75. Good feeder heifers 42.00-47.50. Good cows 33.00-35.50. Good Stock steer calves 52.00- 59.50. Good stock steer calves 400 49.00-59.75 odd sales higher. Good stock heifer calves 44.00-49.75. lines IAMBS Butcher hogs sold this week at the Lelhbridge Yards 53.10-53.15 base price. Weaner and feeder hogs sold steady to per head higher. Weaners 16-20.27. Light feeders un- der 100 Ibs. 24-41. Heavy feeders over 100 Ibs. 39-55.50 all prices per head. Light feeders under 100 Ibs. sold from 29.45-41 per cwt. Heavy feeders over 100 Ibs. 35.35-.40.60 per cwt. Bred sows and gilts 55-152.50 per head. Boars 75-120 per head. Good lambs 50 lower at 35-35.50. Shelly cows 19 to 24. Sologna bulls 36 to 39. Steer calves 52 to 63. Steer calves 52 to 63- Plain quality steer calves all weights 45 to 52. Feeder steers 800 49 to 55.20. Feeder steers 800 47 to 51. Hols- tein and shortkeep steers 39 to 46. Heifer calves 45 to 55. Heifer calves 44 to Charolais to 59.50. Plain quality heifer calves 40 to 45. Feeder heifers 40 to 48. Young feeder cows 34 to 40. Older feeder cows 27 to 32. Good quality stock cows and heifers 350 to 440. lloi.s. inlin Market hogs 53 to 53.60. Good weaners 18 to 28. Light weaners 9 to 17. Feeders 100 28 to 30. Feeders 100 30 tb 45. Bred sows and gills 95 to 110. Baby calves 45 to vessel The longest vessel to be fabricated by the Cal- gary branch of Dominion Bridge Company Ltd. was loaded onto three flatcars in the plant's yard recently for shipment to Alberta Gas Medicine Hat. The pro- cess vessel will be used for the manufacture of methanol in Alberta Gas Chemicals' new plant. Measuring 187 feet the vessel is nine feet six inches in diameter and weighs 135 tons. Perllch REGULAR CATTLE SALES WILL CONTINUE EVERY MONDAY Due to the tremondoue reoponie to our through the heavy Ml rune hi the et PreMe Llve- Ltd. have eat the detee to help our euotomori decide on which dey they mSuM choeee to eoH their Hveotoek. DECEMBER 6th a.m. TOTAL DISPERSION olJ.W. Elliott 325 HEAD-325 COWS CALVES YEARLIN6S At PrMrM LIVMtock Ltd. Ring TiiritJf. DM. 20 AUSMCIALSALM WILL COMMBNCI AT 11iOO A.M. raOULAII 5ALI5 IVMY MONDAY AT A.M. I Don't be content to accept one offer at consign your I stock to where you are guaranteed to have the Auction Rlrg full of Buyers to Did on your product. PRAIRIE LIVESTOCK LTD. PHONE TA5ER DAY OR KIQHT JOHNNY CHARLTON Lie. Ml GARYJENSEN Gerard DeHeer has been ap- pointed manager of The Herald a Division of Ronald-Federated effective December 1973. It is announced by Donald R. who retires from the position on that date to be- come General Manager of the Lethbridge Herald. Mr. DeHeer has been associ- ated with The Herald Printers and The Lethbridge Herald Commercial Printing Divi- sion for the past 20 years. Gerry started with The Leth- bridge Herald in 1953 as a Journeyman Pressman 'and became Pressroom Foreman in 1955. He held that position until February at which time he was appointed Pro- duction Manager. Gerry is married with four children and is a member of the Christian Reformed Church. He Is very active In St. John Ambulance Bri- where he holds the position of Gerry was recently awarded the rank of 'Serving Brother' by the Governor General of Canada in recognition of his work with St. John. There were 3.574 head ol livestock sold this week at Perlich Bros. Auc- tion Market Ltd. Receipts included 2.- 859 cattle and 715 hogs. Yearlings and heavier 'weight steers and heifers continue to meet a good demand. Light weight and medium quality calves sold to lower. All classes of horned cattle are meeting buyer resistance and are trading as much as lower. si.u il rut i A1 and A2 steers 43.50 to A 1 and A2 heifers 42 to 43.20. D1 and D2 cows 31 to 04 cows 25 to 30. Purebred Holstein Dispersion PERLICH BROS. AUCTION MARKET ALBERTA Nov. p.m. 50 Purebred Holsttin MHirs out of R.O.P. 25 Bred Heifers to start freshening in Dec. 25 Open Heifers Breeding ige ADDITIONAL CONSIGNMENT 25 GRADE HOLSTEIN HEIFERS Top Quality Heifers Representing 18 years of A.I. Breeding in the John Van Den Brand Herd. PERLICH BROS. AUCTION MARKET LTD. Located in the Hub ot Southern Alberta LIVMtock InduMry 3 mllM Eait ol on Highway 3 and mile South New Phone Number 329-3101 Company LtemtM No. 071465 JOE PERLICH lie. 01S2M BALOO Lie. M74M TONY PEHLICH LIC. D102t2 PICTURE BUTTE AUCTION MARKET Ideally located In the centre ol targe cattle feeding end hog railing country RANCH CALVES Ftcdtr and Fat Canto Nov. 28th 500 HEAD 100 STEER CALVES from M. Weftmd Trackiftf HOG AND DAIRY CATTLE SALE every Saturday at 1 p.m. MARKET HOGS ASSEMBLED MONDAY THRU FRIDAY Infoi nMHtoA And Conttct JIM or JOE JURIS Picture Butw Auction Merket Picture Alberta Auction morket toceted it mttae north ol LethbrMge on Highway 21 Phone Picture Herald- Business Energy worries trouble market lit S IV. M.SIIK Cmuiiliiin I'nw Staff Irilrr A mid-week rally lifted some of the Ulcwih on stock markets this but the lower trend produced by worries over energy supplies persisted. Trad- ing was moderate. Markets opened the week sharply continuing the slide of the last weeks. The Toronto' market on Monday recorded its worst one-day loss since May 14. a drop of and the New York market its largest decline in 1 1 years. The Dow Jones average of industrials dropped 28.67 points. Analysts agree the plunge is a result nl fears that energy shortages will slow economic growih and produce a recession. Many share prices have fallen sharp- ly recently and investors look advan- liigu of some bargain buying mid- week. The rallies failed to dispel much ol the pessimistic and Hie Toronto industrial con- sidered 'a' major indicator of. market ended the week at him At New the Dow Jones closed at 854.00. a loss of 37.33 nn the week. The market was closed Thursday for the United States Thanksgiving Day. On the Montreal and Canadian ex- cliangi-s the composite index fell 4.54 2.'i0.2H. Some resource-related issues which could benefit from the energy shortage were higher. Toronto's western' oil index rose 4.H1 to 276.04. 'The base metal index ended the week lower despite interest in uranium stocks which might profit from slepuod-up nuclear development programs and a trend toward price increases by Base metals fell 99.40. Golds were again rcflcc'ting movement in bullion prices. 'The index was up 10.24 to 297.29. Worries over the energy shortage have produced some of the steepest declines ever recorded on stock markets. The New York market is es- timated to have lost about billion since Oct. 2ti. But some experts agree wild Finance Minister John Turner's stale- mcnl week lo a group of financial siuilysls thai Hie inarkel is over- reacting. MI TO Mr. Turner said there is no need to pet panicky should not ex- aggerate'the danger of potential oil slxiriages lo Continued healthy growth economies ol the western Canadian Business Service facing the economy at tlK1 start ol the the currency and the U.S. balance of puyme Is deficit have largely been n-Milvcil and once solution to rcslui- IMC the Mideast nil supplies In Kmopc. and Hie. II.S. is icachcil. the market will resume its previous up- wanl Qold futures WINNIPEG' coin futureg. U.S. funds. Winnipeg Commodity Ex- -change close Friday. Jan 74 Apr 74 Oct 74 Jan 75 101.90. Thursday's Nfl conlracts. Qold prices LONDON closing prices in l''.S. dollars London 90.011 Paris Frankfurt 90.01 Zurich M9.75 Hong Kong Beirul a kilo. Beef futures. WINNIPEG Live beef futures close Friday. Jan Mar May Jly 52.70N. 'Thursday's Five contracts. THE STOCKMEN'S MARKET WEST-CAN CHIANINA SALE Nov. Sale Time 1 p.m. 128 Females Listings 8 fired Vt Blood Hiilirs Blood Hilfir dim 300 to 500 HOGS SELL at 1 p.m. ALSO COWS -BABY CALVES Market Hogs Shipped Daily Llvt Weight and DrMMd Baiii Sptciii Rancher Calf Sale Nov. 28-1 p.m. 1000 HEAD YEARLING FEEDER AND FAT CATTLE and CALVES Thursday -1 HEAD 800 Dec. 7 PJIL Expecting 700 Head This will include 26 HEAD from NICK DONICK Registerd Herefords Sailing at p.m. 14 2 Year Old Htrt- ford bred to 38D AA Britisher Standard. 12 Brvd 3-7 years old to GU Britisher Domino 4A. PERLICH BROS. AUCTION MARKET LTD. Located in the Hub ol Southern Aloerta'i LlvMtock Induetry 3 mttM of Lethbridge on Highway 3 Mid Vi mHe eouth BOX LETMBRIOQE Phono Day or Night 329-3101 PLEASE NOTE NEW PHONE NUMBER 329-3101 Company License No. 071485 JOE PERLICH LIC. OlOIfJ BALOQ LIC. M74M TONY PERLICH LIC. ;