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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 30, 1971, Lethbridge, Alberta Livestock report West oils lead market advance TORONTO (CP) Western oils continued lo post strong ad- vances as prices on the Toronto stock market moved higher in Combined volume on the Mtnh-cal and Canadian stock exchanges at 11 a.m. was shares, compared with moderate mid-morning trading 233.400 at the same time Mon- today. jday. The industrial index was up the banks index, which .29 to 165.117 and western oils 1.44 to 190.20. Golds were off .52 to 151.Sll and base metals .09 to 70.14. Volume by II a.m. was shares, compared with 509.000 at the same time Mon- day. Advances held a moderate margin over declines, 107 to 75 with issues unchanged. Banking, beverage, merchan- dising and oil refining issiifs posted strong gains. Chemical, industrial mining, pipeline and steel issues edged fractionally lower. Aquitaine was up to Toronto Star U '2 to Shcr- ritt -la to Canadian Superior Oil 1 to Bank of Montreal V-2 to and Dome Pete "i to Beaver Lumber rose -K to Canadian Tire A to S33, Bethlehem 'z to Slli'.i, Canadian Imperial Bank ns to S23, Inco ]i to andTara !i toS14'i. Rained points Monday, rose 3.52 lo 2M.83. The composite ad- vanced .75 to 169.90, industrials .fiO fo ififl.BO and papers .25 to KH.74. Utilities slipped .05 to 145.02. Highlighting gains, Bank of Nova Scotia rose -Is to S30, Bank of Commerce to SM'a, Rank of Montreal VH to Simp- sons to S2K''., Royal Bank to .S27-H and Pacific Petroleums I'l to Placer Development dropped '.i lo Atlantic Sugar Vj to Imperial Oil "4 to and Bell Canada '.H H. D.IA DOWN NEW YORK (AP) Stock prices sank as profit-taking pressures mounted in moderate trading today. Tho noon Dow Jones average of 30 industrial stocks was down 7.45 to B22.28. (Earlier it was up almost two points. Dome Mines dropped Hs to Ford of Cancda dropprd to International Nickel 1 to Trans Mountain Oil Pipe I S2SU, Canadian Pacific '2 to Lines !3 lo Hudson's Bay Oil and Gas lo and AJ- Sll'i and Alcan to Slo'i. Granby Mining rose to S1 berta Eastern Gas 25 cents to and Walker Gooderham U to 55.65. BANKS UP j On the American -Stock Ex- change, Scurry Rainbow Oil lost to S127B and Canadian Jav- elin IB to Asamera Oil was down 3j at Si 4. MONTREAL (CP) Banks surged ahead to lead morning gains in light trading on the Montreal stock market todav. Canadian Radio-Television Commission The Canadian Radio-Telev following decision effective i Commission announces November Decision CRTC 71-370 WATERTON PARK, ALTA. 7104581 Application by Waterloo Lakes Television Association for a licence to carry on a television broadcasting undertaking at Waterton Park, Alta., to receive the programs of 5 Lethbridge, Alfa., and to retransmit those programs on Channel 6 with o transmitter power of 5 watts directional antenna. Decison: APPROVED Tho Commission issues a licence expiring September 30, 1973 subject to the conditions which will be specified therein. The new low power television broadcasting undertaking wilt carry all programmes of CFCN-TV which is affiliated with the CTV network and will provide an alternative service to the Woterton Park, Alta. area. RTC-47-22-11-71 MONIQUE COUPAl, Acting Secretary. l-ethbridge Livestock AFTERNOON SALE I Calgary livestock CALGARY (CP) Tucs- c'ay's receipts on the Calgary livestock market to 11 a.m. were 900 head; mostly good to choice steers and cows. Trade was active. Slaughter steers sold fully steady with no strictly choice kinds on offer. were scarce and steady. Cows were in good demand. Good cows sold 50 cents higher with sales to 23.30, other grades were 50 to 75 cents higher. Bulls high- Choice steers 33.50 to 33.90, good 32.25 to 33.25, medium 31 to 32. Choice heifers 31.50 to 32, good 30.25 to 28.75 to 30. Good COWS 22 to 23, medium 20.50 to 22, canners and cutlers 17 to 20. Good bulls 23 to 24.50. Replacement cattle were scarce and practically all short-keep steers weighing 9CO pounds and up, selling at steady price. There were insuf- ficient stock calves on offer to establish quolations. Good feed- er steers 750 pounds up 32 to 34.20, good feeder heifers 600 pounds up 29 to 31.75. Good stock and feeder cowrs 21 to 24, with odd sale higher. Hogs average base price 24.50. Macleod Livestock FORT offer at the Fcrt Macleod Auction Market last week were head of cattle and calves. All classes of slaughter cat- tle sold steady with cows up SI. Stocker ard feeders steers and heifers remained firm, with a good demand on heavier weights. Increased demand on calves pushed prices for top quality animals up to over last week. In the slaughter class, choice steers 33.25 to 33.60: choice heifers 31.50 to 31.90; good cows 21.00 to 23.90; medium 13.00 to 20.00, canners and cut- ters 14.CO to 17.50. Shelly lends sold 10.00 to 13.00 with medium bulls selling 20.00 to 21.50. In stocker and feeder class- es, good feeder steers (700 to 300 pounds) 35.00 to 37.50; (850 to pounds) 34.50 to 35.50; gcod feeder haifers 33.00 to 33.90: medium 2S.OO to 32.00; good feeder cows 19.00 to 23.00; medium 14.00 to 17.00. Calves sold gocd. Good steer calves (400 to 475 pounds) 43.50 to 46.50; (475 to 550 pounds) 42.00 to 44.00; (300 to 350 pounds) 45.00 to 43.00. Good heifer calves (325 to 425 pounds) 34.00 to 37.00; (450 to 500 pounds) 33.00 to 37.00 with replacement heifers to 40.30. In the stock cow and bred heifer class, good cows to 330: medium to 260; choice heifers to 330; good S260 to 280; medium (light) to On offer at llighwav 52 Feed- ers near Raymond, Fort Mr.c- Icod Auction Market handled 351 head. Choice steers 33.60 to 31.10 with choice Iwifers 31.30 to 31.00. Alberta protest lodged EDMONTON (CP) The Al- berta government sent a strong protest to the federal government asking it be pass- ed on to China following the Chinese atmospheric nuclear test, Environment Minister Bill Yurko said here. Mr. Yurko released the text of the province's telegram after External Affairs Minister Mitchell Sharp failed to re- spond to it. "Since Mr. Sharp has not acknowledged our telegram, we think it is proper to re- lease the contents so the peo- ple are aware of the action ta- ken by the Alberta govern- he said. Mr. Y u r k o said Canada's Nov. 25 protest transmitted on behalf of Mi1. Sharp was "per- haps somewhat and it took some time to deliver. The blast was held Nov. 18, the same day Alberta's telegram was sent to Ottawa. The province requested an "appropriate response" to the Chinese open-air test. "We ask that this telegram be officially included in the in- digant response that Canada makes to China. "The people of Alberta find no justification for such de- tonations in a world oversat- urated with nuclear explo- sives." G. rain price review Winnipeg Grain WINNIPEG (CT) Uapc- stccl prices dropped slightly in a light volume of trade at mid session on the Winnipeg Grain Exchnnge today. I-ooal commission houses were active ill a scale down buying pattern in that commodity. Flax posted slight advances on some commission house buy- ing while the rest of the market was quiet. Volumne of trade Monday was bushels of flax, of rapcseed and COO of rye. MID-SESSION PI1ICES Flax: Dec. 3 higher 1.3KA, May higher July 2-'k higher Rape-seed Vancouver: Nov. lower 2.ROA, .Ian. 1U lower 2.C2-1JB, March IV- lower 2.63B, June Ma lower 2.615sB I Kapeseod Thunder Bay: Dec. I1 lower May lower j 2.54, July lower Oats: Dec, unchanged May higlier 67-jfiA, July not open. Barley: Dec. u n c h anged l.ORiA, May higher i.WlzA, July not open. Rye: Dec-. higher May higher LOOM, July not open. WINNIPEG (CP) Grain quotes Monday (basis Lake- High Low Close Flax Dee 2313s 230% May 24 HK Jly 213 Kapeseed Vancouver Nov 263U 363 Vz Jan 2G7 2M 2WU Mar 267 >i 2G4 264'i June 264 2C3'k lUtpcsceii Tliuniler Bay Flu toll mounts GENEVA (Renter) Hun- gary and Bulgaria are in the grin of an influenza epidemic with thousands of cases re- ported this month in the main cities, the World Health Organi- zation said here. In Budapest, cases and five deaths were reported on Nov. In Pofia, cases were regis- tered in one week. May Jly Oats Dec .May Uly Barley Dec May Jly Rye Dec May Jlv 256 65'2 67'.3 65'-i 254 65 'j 67' 2 KT.'l 106% 93 '.I 100 Toronto mines., industrials (Supplied By Richardson Securities of Canada) LAST BID OR SALE a.m. Quotes) PEERLESS ANNOUNCES SALE TO TURBO The Hon. Frederick H. Peacock Hon. Frederick H Peacock. Alberta Minister of Industry, who founded Peerless Industrial Chemicals Ltd. of Calgary in 1930 (then known as Peerless Motor Products announces he has sold the assets and goodwill ot this pioneer manufacturer and marketer of automotive custom chemicals to Turbo Resources Limited. "Upon my acceptance of the responsibility of my cabinet position in the new Progressive Conservative government in Alberta it was appar- ent to me. acting for the public interest and giving my total dedication to the people of Alberta, that I wished to sever my business interests. So, now, I would like tb thank my good and faithful customers, the tradp, as well as my loyal staff, for their generous support over the past 41 stated Mr. Peacock. "The Peerless contracts and customers' lists have been turned over to Turbo Resources, and I am added Mr. Peacock, "that the many who have done business over the years with Peerless will now continue with Turbo. In saying goodbye, auld lang syne, and thanks to my many Peerless customers and friends, I'd like also to offer my best wishes to Turbo, who will, I'm confident, continue Peerless' product lines with the same fine quality and service Peerless always took pride m." Peerless' automotive custom-produced chemicals, car washes and cleansers will be expanded by Turbo, and will be marketed by auto- motive wholesalers throughout Western Canada. furbo RESOURCES LIMITED iMtJes on the Calgaiy Stock Exchange (lormrrly .is Liberty Resources I TURBO RESOURCES' SUBSIDIARIES DIVISIONS INCLUDE; Peerless Industrial Chemicals: Turbo Refineries, Ltd.; Parkland Oil Products Freeway Transport Ltd.; C. C. Snowdon Ltd.; Turbo Chemicals Stop-N-Save Petroleums Ltd.; and Petroleums Ltd.; and Velvet Oil Company, Tdrlio Head Office: 901 9th Aver. CaTgary 2, Tclepliono 262-4635 McWilliams quits exchange WINNIPEG (CP) The Win- nipeg Grain exchange an- nounced here the resignation of J. E. McWilliam as president has boon accepted by the board of governors. R. P. Piirves, chairman of the board, ssid Hie 56-year-old pres- ident will continue in office un- til early in the new year. Mr. McWilliam in a brief in- terview declined to give a rea- son for his resignation. Mr. McWilliam was appoint- ed president of the Exchange in October, 19G7. Mr. McWilliam was born in Ireland and car to Canada as a boy when his lamily moved to Clive, Alta. MINES I Acme 1 Advocate Asb. Belhlehnm Brunswick Canada Tung. Central Pat. Chimo Con west Cons. RamtDlor Ccin Lake Cochenour Dif.fir.ton Mir i Dcnboti Mines Hern D'Eidonfl Donr Pati 1.13 7.15 1.25 16.00 20.25 .70 .09V'j 1.01 .17 12.62''i 11.75 1..10 Jclict Quebec Korr AcJcitson Key Anaton 1 nhrsdor Lake Shore Lantjls Silver Madsen R.L. Malartic G.F. Martin McNeely Auta Midrim Inlprn Mogul New West Home New Atliona New Calumet W. Horse. Copper Nora nth N'orthgate Nor lex Opcmisks 1.92 27.00 4.70 Point Placer Dev. P.C. Exp. Quebec Man Rayrock Radiore Rio Algom Roman Corp. Sherrltt Gordon Silver Miller Steep Rock Tek Corp. Texmont Uoper Canada Wright Hargreaves 1.20 Willroy .63 Windfall .OB YeMowknlfe Bear 4.10 INDUSTRIALS B.50 45.00 60.00 12.25 15.75 18.DO 25.00 2 75 25.50 1.00 11 00 13.00 39.25 2.70 8.50 27.50 12.00 IS.75 5.50 19.37V: 26.75 27.00 10.25 16.50 13.B7V2 27.75 a.m. Quotes) Dofasco 21.3! CAB 13.CC Fd of Amer 64.7; Gt Cdn Oil 4.4( Gen Motors 77.7: Gt LBkCS Ppa 15.2! Gulf Oil Cda 23.81 Greyhound Hawker Sid 2.1! Huron, Erie ?J Hiram Walk 382. Imperial Oil 29.N Imasca 18.0' Int Nickel 29.7! Int Pipe 27.0' Inv Gp A 6.71 Int Utilities 3D.7: Indus! Accept 18.B Laur ntldo 'W Chemcell Col Cellulose Cal Power Ccron Credit C.W.N. Gas Cdn Indust Canda S 5 Cdn Marconi Cdn Vickers Chrysler CPR Comlnco Cons Bath Cons Gas Dist Sea Dom Bridge Domtar Dom Textile Dom Stores Dome Pele Kelly Doug A Loeb Loblaw A Metro Stores Ma'-sey Fern McMillan Bloc Moore Cnrp Molsons A Molsons B North, Cen! Power Corp Price Co RothmanK St Law Corp Shel! CDA Simp Steel of Can Selkirk A Traders Gp A Trans Mtn Pp Trans Can Pp Gas Tuesday, November 30, 1971 THE LETHBSIDGE HERALC 23 Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherly, Roadhousc and LAST BID OH SALE a.m. WESTERN OILS Mniinex 5.05 Alta East Gas Aismer ind DP Oil GIIS Can South Cdn Cx Ga- Cdn Hoi tlltl Cdn Ho Cdn Intl Gns OH Cdri Long K C'ln super Charier Chioflii Dome PC! Pete Dynai Gt PI Gt Cdn Oil Lorheil Mill City t-.'ew Cent North Cdn 01 Nurr 5.80 9.95 5.60 5 50 355 7.75 15.W 9.25 37.75 B.10 27.75 91 Jfi 4.50 a.m. Quotes! Home B 28.50 Hud Bay Co Hud Ray Oil Hud Bay Oil Pfd Sl.fO Hugh Ruiselt 19.87''j Oil U 00 Husky Oil B 44 (10 Husky Oil War Inlpr Prov Pipe Inter Prov Sttcl Kaiser Res Lshn Dufaull MGF Manaqe Pacific Pete f, 50 12 25 7.00 n.rn. Quotes) Or Equity 5 79 Inv Or Fund 10.09 Mutual Mul Accum Mut Or fund Hot Res N.W. Financn N.W. Growth 4.VB 4 60 4.W 6.19 5 15 3 7.1 Rain Co 10.00 Sfl.l'S 2.50 VANCOUVER 9.25 Pan Cdn Psn Oce Pete Total ft f 1.3 Wort Dccalta M We-t Pctr- F 1 MISCELLANEOUS INDUSTRIES ine 2-i cledyne Cdn Seed While CALGARY Acroll .38 J Borons Oil .05 1 Mediion .16 5 North Cont .07 5 West v.O 5 PIPE LINE STOCKS 5 Aita Gas Tr A ii, Alia Gas Tr Pld 3 Alta Nat Gas ;o.oo In Nal G-ii 12.50 c Nor and Cent Gas 13.50 Nor and Cent Pfd J7.75 Pac Gas 50 3 Gai Wefro 5.75 f Gai Metro A (55.75 1 Trans-Cda Pps 3-i.OO 3 Trans-Ctla Pipe B -11.75 1 TranL-Cda Pipe- A 63 50 i Trans-Cda P War 9.00 i West Trans 23.42's >i; MUTUAL FUNDS All Cdn Cnm 7.73 S rf5 AM Cdn D ir, All Cdri Vc-nt Explo 5.42' 11.12' 25 37' B 69 9 .TO 3.39 1.57 5.55 6 09 15.41 13.6-1 Comm Lpver 3.15 3.46 Corp Invest 3.15 563 3 Corp Inv Fd .1.56 4.99 Drey Fd U.S. 11.39 12.48 Gr In Shares 3.15 3 47 Artie Atlas Balh Ho'ic Brenda Church Copper Croydr-n Dankoc Dolly VarrJen Dynasty- Fort Giant Mascot Lytton Mlntraij Pyramid Silver Stan Texmont Valley Copper Industrial! Block Brothc-rL B.C. Sugar B.C. Suger Pfd Cap Inter Crest For Ind Grcvtr5 B AGr Cdn Celt Ccmr Dili Albany oils Plains West Erplor New York stocks (Supplied By Richardson Securities of Canada) Beth Steel Chrysler Comsat Dupon" Gen Motors Gulf In! Harvester Kenn Copper Mont Ward Sears Sfd Oil of N.J. 41.50 12.421 25 SO Texas Co 54.K< wick Corp 139.CO Wool worth 7725 West Electric Steel 69.00 112.50 3! .25 46 03 -46.37', 83.50 37.00 j 20 Golds 151.33 off 1 17 10 Rase Met 70 08 off 13 15 West Oil 193.13 1 63 Volume NEW YORK AVERAGES i 30 Ind E25 IB erf I 7 us 20 R5iK 21B.68 Off 1.95 15 Util 109.34 cff JO j TORONTO AVERAGES 65 Stocks 2W.16 off 2.17 20 Ind 164.89 off .69 Volume Un' 1 Oil Versatile Mfg Westeel Union Car Weston's B Woodward's A West Cdn Sd Zenith Elec BANKS Can Imperial Montreal Nova Scotia Royal Tor-Dom CHIANINA OPEN HOUSE! at the Research Station Lethbridge, Alta. December 2nd, 10 a.m. -4 p.m. Come in and view i'ns large white cattle Recently v'rom Italy Thursday, 2nd COFFEE Witt BE SERVED Hog prices EDMONTON (CP) Aver- age prices to 11 a.m. provided by the Alberta Hog Producers Marketing Board. Edmonton: 24.65, average Monday, 25.35. Red Deer: 24.50, average Monday, 25.12. Calgary: 24.52, average Mon- day, 25.05. Lethbridge: No sales, aver- age Monday, 25.05. Lloydminster: No sales, av- erage Monday, 24.85. Grande Prairie: No sales, av- erage Monday. 24.45. Total hogs sold 830, total hogs sold Monday average 25.25. Sows average 14.10. Beef futures WINNIPEG (CTM Live beef futures close Monday. .Tan 34..TOA; March 33.30B; May 32.50B. Friday's volume: Six con- tracts. "NSWi" By Gene Fawcette i NONEEDFORTIDETABLES WITH THE NEW CLOCK THAT GIVES A COUNTDOWN IN