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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 28, 1972, Lethbridge, Alberta prices Winnipeg Grain WINNIPEG (CP) Trading was moderate to light with >rices moving only fractional-y in most futures at mid-ees-ion on the Winnipeg Commod-ty Exchange today. Flax futures were up to two cents below previous close levels with rapeseed ranging from raclionally higher to 1% cents ower. Oats and barley moved only fractionally in both directions while rye was one cent ower. MID-SESSION PRICES: Flax: Dec. 2 lower 3.43 %B; May 1 lower 3.50B; July 1 lower 3.45 %B. Rapeseed Vancouver; Nov. 1 lower 2.95A; Jan. Va higher 2.93 B; March higher 2.89B; June higher 2.85% B; Rapeseed Thunder Bay: Dec not open; May 1 lower 2.75 %A; July not open. Oats: Dec. "4 lower Va', May unchanged 97 %B; July Vs higher 96 %B. Barley: Dec. higher 1.28 %A; May higher 1.32A; July higher 1.33 Eye: Dec. lower 1.31B; May lower 1.37 Vi; July 1 Vi lower 1.37B. Grain quotes Monday (basis High Low Close Flax DEC 347% 34414 May 352% 350 351V2 Jly 350 346% 346% Rapeseed Vancouver Nov 2966% 2% Mar 88% Jun 287% 283% 285 Rapeseed Thunder Bay Dec 270% 269% 269% May 277% 276% Jly 273% 273% Oats Dec 97 May 98'i 97Vi Jly 97% 96% 96% Barley Dec 128% 127V4 128% May 132 130% 131% Jly 13314 131% 132% Rje Dec 133 13Us 131% May 139% 138 138 Jly 138% 137% quotations Vancouver, Calgary, Montreal i (Supplied fcy DUiertjr, McCulg Limited) LAST BID OR 8ALK (1VW m Quotes) Quoted a.m. Quotes) BXSr" 83 SSWlABfa! S1GB ,ss iisgajL JIBS 3.M Inter Prov Pint 1J.J5 Atoh; Aceum J.M US BP eVnidi 17.17V. Inttr Prov SIH1 1UJ14 Or F HJK? CUn Ind Gil Oil 10.0V4 Rtlnler or f'g Cdr, suptr 55.SJ Sindwell US ?JSJffion or IM M5 Cdr, Luna Is United Accum 5.77 4.W Charter AJJ WJjt Cdfl Seed SvBJ ,.M Chleltan White Yukon 12.00 vmguird I.IJ Dome Pet. WeiHIeld l.JJ t.u 4.75 Gt PHIM M.25 Pfd VANCOUVIR Gt Cdn Oil 7.50 Lochlel Acroll WO Noble Mines in Bgronl Oil .Ora Expkjr M North Cdn Oil 7.00 North Cont .01 Bjihurst .64 ISS "RHW. Cww PTrh Alt. U..O Plnnidt Alll Nat Ols H.OO oankot .M Pace Gas .'1 In and Net Gas 11.75 Dolly Virden .33 Ponder 50 N and C 11.75 Dynasty 1.M Ronotr N and C B Pld 25.25 Equltorlal .Wl Scurry Rlln 17.75 Peclllc Trans 13.25 Fort Rellence .30 looontr 70 Oaz Metro SMVt aunt Mlscrt S.u IdMra OBI Metro A Grelsle 4.20 Tolil Pete IW Trans Cda Pipe Lcrmx 4.25 Ulter 'S Trans Cda B 40.00 Lytton Minerals 1.15 SL-S? SB S wL J Aqultam 2i.n MUTUAL FUNDS INDUITIIIAL Brlnco 5.62'A Gt 5.40 Block Bros 3.10 Cdn Brew A n.UVt .n can Compd 1.42 B.C. Sugar !0.2S Cdn Brew B 32.00 J Cdn Dlv 9.22 10.08 B.C. Suflar Pfd 14.I7V4 Cdn Pacific Inv 23.75 AM Cdn S.M 5.M Capt Infer 3.30 Crowsnest Ind American e F (.41 7.24 Columbia Brew 3.25 cvgnus A 7.75 A.G.F. Special Crltbrk For Ind 3.55 Cygnus B 7.75 Cdn F 5.24 5.74 Hys Falcon copper 11.42V! Coll Mutual 7.17 7.14 Key Indus .54 Genitar 14.12V, Comwlth Inter 15.47 17.00 Pac West A r 23.1TO Home A 40.00 Comwlth 4.31 4.74 Stmpde Inter'l Res .41 Home B 3V.37V, Comwlth Ven 1.46 OILS Hud Bay Co 18.00 Corp Inves 4.21 6.78 A Mny Oil .25 KSKffli Toronto mines, industrials (SnppUed By Rlchardsra Secnrltles of Canada) LAST BID OR SALE (11 Quom) i.m. ouotesi nnoo i.m. ouotei) MINES Noranda M.25 Dome Pete 40.12% Acme 2fi Northgafe 4.90 Dotasco 27.75 Asb. 13. NorleS Cable MOO Akaltcho .50 Oslsko .22 Grt Cdn Oil Bra orne 2 05 Pine Point 29.00 Gen Motors 82.00 B 27 Placer Dev. 37.75 Grt Lakes Pp 15.75 firthtehem 14 50 PC Exp. 2.91 Gulf Oil 36.75 "S Ou.becPM.n W Greyhound M.I7V4 can. N.w. Land 9.30 Rnyrock 1.01 Hawker Sd 3.75 Canada Tung. 1.50 Radiore .37Wi Hur Erie 32.75 Cassler 11.50 Rio Altom 17.50 mp Oil 44.55 Central Pat. 1.24 Roman Corp. 5.75 Imescs 27.50 Chrni" .91 sherrltt Gordon Int Nickel ConwKt 5.25 Steep Rock 1.61 Int Pipe 21.75 Cons Rambler 2.90 Tek Corp. 4.45 Inv Grp A 10.75 Coin Lake .10 Texmont JO Int Uti] 24.1214 Cochenour .38 Upper Canada 2.70 Ind Accept 21 00 Craigmont 5.55 Western Mines 2.49 Kaps 11.3714 Dlckenson Mines 2.95 Wright H.rgreavB .90 Leurentide 13.00 Denlson Mines 24.00 Wlllroy 1.16 Kelly Doug A 7.00 Deer Horn -04 wlndlill -09 Loeb 3.90 DTEIdona .43 Yellowknlte Bear 3.35 Lobliw A 6.8714 Dome Mines 63.00 Zenmac .01 Met Storg 23.00 Donalda INDUSTRIALS Ferg 11.421 Discovery Mines .65 McMillan Bloe 23.75 US 4 i sL i .40 ,Jg Power Corp Giant Y.K. 6.55 JJ-S Price Co 11.75 Bnvis 2.05 Belt Rothmans U.OO Granduc 2.85 Trtc St. Law Corp 19.00 Headway R.L. 3.00 C Tel 57.75 CDA S5.37. Hollinger gurrnSp....... Simpson's 30.75 Hujsj, Bay M.S 19.37V, B.C. gg 3.55 13 2% et Queue 2114 crd" Traders Grp A 22.37 Kerr Addlson Trans Mtn Pp J3.2S MT 39-15 SlgSfy Power J3" fij gg 111 Madsen R.L. .55 Ind 15.75 WBH.I 24.00 Maiartic OF 70 cdn Marconi s.w un on Car 15.75 Weston's B 20.25 IS KXu, a-B? '-1s? New Athoni .11 Dam 30.75 Howttatli New Calumet .77 Domter 17.50 Royal LIVESTOCK Lethbridge Livestock Monday sales GOO bogs. All classes of weaner and feeder logs met reasonably good demand. Weaners and light feeders under 100 sold or more higher. Light 100 to 130 Ibs. remained steady while feeders ver 130 Ibs. sold higher. Weamn 13.25 to 22 dollars ler head. Light feeders under 100 Ibs. 24.75 to 36.25 per head. Heavy feeders 100 to 130 Ibs. 7.25 to 38.25 per head. Heavy feeders over 130 Ibs. 38.25 to 42.25 per head. Light feeders under 100 Ibs. sold from 37.25 to 45.25 cwt. Heavy feeders over 100 Ibs. sold from 28 to 30.50 cwt. Boars sold to per head. Butcher hogs sold Monday at he Lethbridge yards 37.25 base trice. One lot of hogs sold at 28.50 ive weight. Calgary livestock CALGARY (CP) Receipts on the Calgary Livestock Market to 11 a.m. totalled 950 head, mostly slaughter steers and cows. Trade was strong and active. Slaughter steers met a good demand at prices 25 cents higher; heifers were scarce bul selling steady; -cows were 50 cents higher heifery kinds to 26.50; bulls were steady. Choice slaughter steers 35.60 to 36.80, good 34.25 to 35.25 medium 32 to 34. Choice heifers 33.25 to 34.10, good 32 to 33 medium 30 to 31.50. Good cows 24 to 25, medium 22 to 23.50 canners and cutters 17 to 21.50 Good bulls 25 to 27. Insufficient replacement cat tie or stock calves were offere Jty, he told the annual confer-nee of the Canadian Tax Foun-ation today. The budget said that effective an. 1 the top rate of corporate ax applicable to manufacturing nd processing earned in Janada is to be reduced to 40 rom 49 per cent. Profits for the small business de-uction will have a rate of 20 ather than 25 ptr cent. One reason for current bust less concern, Mr. Simon said, s the delay In publication of raft regulations on how manu-acturing and processing profits jre to be calculated, as distinct rom other kinds of income not jualifying for the lower tax. specifically retailing and wholesaling. "I think it is fair to say that msiness generally is aware that he department of finance is struggling with a very tough he said. But 1973 is almost here and "business jlans must be made which invariably require good estimates of anticipated cash flows." He suggested the regulations should be based on more than one method, "dissimilar in approach and based upon varying and that selection of the method "should be at the option of the Market up sligh TORONTO (CP) Prices on he Toronto stock market were mixed to slightly higher in ac-ive irid-morning trading today. The industrial index, considered a major indicator of mar-ret trend, was up .34 to 213.88 and western oik .41 to 203.73. Golds were down .11 to 183.73 and base metals .06 to 81.89. Volume by 11 a.m. was shares compared with ;raded by the same time lly Beverage, industrial mining oil refining and real estate locks were among sectors o: .he market recording pipeline, utility anc chemical issues were off slightly. Advances outnumbered declines 120 to 87 while 233 issues remained unchanged. Seagrams rose 14 to Caps Transport to Al can to Inco to and Texas Gulf to Falconbridge Nickel slippe< k to Canadian Imperial Bank to Walker-Goo-derham to Security Capital B 15 cents to and Venpower 5 cents to Dynasty climbed 20 cents to Copperfields 15 cents to ;l.90 and Iso Mines 15 cents to Mclntyre dropped 1 to and Camflo 10 cents to party joosts vote ROME (AP) Italy's governing Christian Democratic lost a seat In the Senate md another In the Chamber of Deputies today, but Premier Giulio Andreotti's centrist coali-ion increased its vote slightly n local elections in which of the electorate voted. The two special parliamentary elections were held in .he French-speaking northern region of Valle d'aosta, where two Christian Democrats were elected posthumously in the general election last May after Dfing killed in an automobile accident two weeks before the Auto firm dickering for spokesman for Volkswagen Canada said Monday that negotiations are going on between the Quebec government and the parent auto firm for an (CP) Ad vances outnumbered declines ii ight trading on the stock market today. Combined volume on the Mon treal and Canadian stock ex changes was shares compared with at the same ttme Monday. Industrials rose .74 to 233.78 papers .70 to 94.42, banks .57 to 278.64 and the composite .49 to 223.76 while utilities fell .35 to 157.65. On the Montreal Stock Ex ch a n g e s Densson Mine dropped 1 to Hudson Ba Oil to and John Labat Vz to On the Canadian Stock Ex change, Belleterre Quebec Mines lost three cents to 3 cents on shares. NEW YORK (AP) Stoc market prices edged modestl higher today but showed littl enthusiasm for a major rally. The Dow Jones average of industrials at noon was up 2.3 at Advances led declines on th New York Stock Exchange by to 5. Analysts said the market wa riding the crest of its own upward momentum. "It would take an event o major importance to break th market's upward sai one. Among Canadian issues, Al-can jumped to Dome Mines gained Vt to and Walker Gooderham also moved up Vt to Distillers Seagrams was up Va to Losers included Canadian Pacific off to and Granby Mining, also off Va to On the Amex, Brascan was up Vt to while Canadian Marconi eased Va to prices EDMONTON (CP) Average prices to 11 a.m. provided by the Alberta Hog Producers Marketing Board: Edmonton: 37.38, average Monday 37.27. Red Deer: 37.15, average Monday 37.27 Calgary: 37.05, average Monday 37.15. Lethbridge: Nil, average Monday 37.22. Lloydminster: Nil, average Monday 37.45. Fort Macleod: Nil, average Monday 37.05. Grande Frame: Nil, average Monday 36.84. Total hogs sold Monday average today bly plant near Montreal. Ralph Hestler, treasurer of Volkswagen Canada said: "We aren't actively involved in the discussions at the ent company in Germany." The Gazette says Industry Minister Guy Saint-Pierre is meeting today with Volkswagen executives in Wolfsburg, Germany in an attempt to work out a plan whereby the company would build more than cars a year at the Societe de Montage Automobile plant in nearby St. Bruno. Mr. Saint-Pierre said earlier this month that the government had reached an agreement with Renault Canada Lfd. to keep the money-losing plant open at least until next MONTH-END CLEARANCE ADVERTISEMENT Of NOV. 27 25" COLOR TV fry RCA 389.95 SHOULD HAVE READ 15" COLOR TV by RCA 389.95 Sorry for any inconvenience! Alw LADIES' AND TEENS' DRESS and CASUAL SHOES AND DRESS SLIPPERS SHOULD HAVE READ HOM futures WINNIPEG (CP) Lvl beef futures: Jan 36.50M..36.50N Mar 37.00A..37.00A Friday's volume: No con Scotia pipeline possible NEW YORK (CP) Pre mier Gerald Regan of Nov Scotia said here there is a po sibility that Soviet natural ga could be fed to the North' An erican market through hi province. Regan told a news conference that industrialist Cyrus Eaton who has had talks with Sovie leaders on the possibility o buying liquefied natural gas had expressed to the Nov Scotia government interest moving the gas through a pip? line from Nova Scotia. The premier said in a latei interview that Eaton, a nativ of Pugwash, N.S., had brough his board of directors to tl province earlier this year t discuss the Required for PRE-FAB HOUSING PLANT Edmonton. ihould have production and thorough background of building construction methods. Salary commensurate with experience and ability. Apply in writing to; BOX 111 THE LETHBRIDGE Labor income on the rise OTTAWA (CP) Total labor Income rose to billion in July, August and September, up 10 per cent from a year earlier, Statistics Canada reported here. The statistics bureau said that on a seasonally adjusted basis, the increase amounted to '2.2 per cent for the third quarter of 1972, compared with the second OF NON-CALLABLE GOVERNMENT OF CANADA BONDS DATED DECEMBER 15, 1972 Bank of Canada is authorized by the Minister of Finance to receive subscriptions for a loan, to be issued for cash as foltowi: nuMitli IwMMfa dne 1. We are your Printing HEADQUARTERS for all your WEDDING REQUIREMENTS INVITATIONS NAPKINS MATCHES PLACE CARDS THANK YOU CARDS CAKE BOXES and BAGS COASTERS York stocks (Supplied By Richardson Secnrltlei ot Canada) NEW YORK Scars 115.25 SO Golds 183.74 rtt.M Amr T T 52.50 SM Oil of N.J. 10 Base Mils 81.95 O.C. Araconda 18.87'A Texas Gulf lla.UVi 15 West Oils 2M.M off .OS Bell 1 Steel Co 38.25 Volume Chrysler 39.00 Corp 27.50 NEW YORK DMoSft 177M 3i3TO 30 lndust 10a-W UP 2'3 Gen Motors n'.MVi West Electric 20 Rails 231.78 up .31 Gulf 26.62Vj u.s. steel 34.25 15 Utlllt es 123.24 off .13 AVERA6ES B Stocks 332.54 up .49 Montgomery Ward 30J5 20 Indus! 214.09 up .55 Volume 111 FREE Imported Line price: 99.75% yielding about 6.55% to WEDDING GIFT included with your wedding invitation Sauna Rooms Sauna Stoves Canadian distributor seeking reliable dealer to handle an exc usive line of Finnish Sauna rooms, lodges and itovet. An excellent opportunity to become part of a new fast payable Tune 1 and December 1 Five imJ one half months' interest June J, 1973 Denominations: and Bank of Canada has agreed to acquire a minimum of million of the new bonds. Proceeds of the offering will be used to redeem million of Government of Canada 5i% bonds maturing December 15, TO: PETERSON ELECTRIC CO. LIMITED P.O. BOX 985 STATION "P" 191 N. CUMBERLAND ST. THUNDER BAY, Puzzled with your Wedding I! FREE new bonds are an addition to million of 6i% bonds doe June 1, 1979 and dated June 1, QUESTION and ANSWER CIRCULAR Every bride wishes SIMPSONS Deal new bonds will be dated December 15, 1972 and wiH bear int are payable in lawful money of Canada. Principal is payable at ai payable at any branch in Canada of any chartered bank without cha December 15, 1972 and thereafter in two forms: bearer form with with interest payable by cheque. Bonds of both forms will be in changeable as to denomination form without charge (sub where The new bonds tit mthoriad pmnmt to an Act ot the Parli interest are a charge on the Consolidated Revenue Fond of Cam AppficttioK for flic MW bomb be nude, nbjcrt to iHotmet act piiMj MriMor w ujtnmta Cwwta. T Finance from that date. Principal and interest jy Agency of Bank of Canada. Interest is rge. Definitive bonds will be available on coupons attached and folly registered form the same denominations and fully inter-ect to Government transfer requirements iment of Canada and both principal and feet. To help you prepare for that wonderful day, we hcwo compiled a list of questions most commonly asked by tho bride- lo-be. The answers are taken' from authoritative sources on etiquette. The Lethbridge Herald PRINTING DIVISION Cor. 7th St. and 5th S, LETHBRIDGE Phone 327-3203 1 In Crowinest Pan So. Vcrn Dceoux In Blalrmort or Call 562-2149 On page 25a of our flyer thai wot delivered with The Lothbridge Herald on Saturday, November 25th. The item Perma Prest Sheets should have read 5.99 For tho twin flat or fitted size inttead of 6.99 at ;