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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 4, 1972, Lethbridge, Alberta THE lETHBRIDOt HERALD Wednesday. Otlobw 1972 r Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Dohcrtv. McCuaig Limited) LAST BID OH SAl.Ii a.m. Quoles) o.m. ouolps) a.m. Quotes! WESTERN la r.a-it Gas Market advances trade in active TORONTO (CP> The key i to Britain's gamble with Ihe su- personic Concorde could be the Soviet Dtiioii, says David Nich- olson, chairman of thi j Airways Group. The Russians have their own SST and want to introduce it into service in early 1975. ahout- i the same time as the British- In '.c lake charter groups iCMMllllcd (lights. _ way belli Ihe busi- nessman, who wanLs a choice British in bookings on short notice or the right to cancel without los- ing money, and Ihc cheaper fare passengers could benefit by greater utilization of avail- able seals. The airlines would TORONTO With pis i 30 cents and oil issues leading the way. traded. nriccs on the Toronto stock 1'UICKS 1 1' Set hiahor in active NEW YOIIK (API Pnces mid-raoniing trading today. i upward >n today stock 30 800 shares I Drench Concorde, he said in an The industrial index, consul- market after three inconclusive ercd a major indicator of mar- ket trend, rose .09 to 210.95, golds lo 192.15. base metals 35 to and western oils 1.13 OF 30 industrials was up 5.i9 to sessions in a row. Volume re- mained fairly light. The noon Dow Jones average lo Volume by 000 shares compared with 000 at the same time Tuesday. Sectors of the market contrib- uting to the increase were bank, chemical, oil refining and steel stocks while beverage, food processing, real estate and trust and loan issues were off fractionally. MOHE ADVANCES Advances outnumbered de- clines 122 to 80 while 181 issues remained unchanged. Home Oil A was up io i. Shell Canada to Cassidy's to Premier Cablevisum 'b to S19'i and Moore Corp. 'i to S48' Hamilton Voting slipped '-j to SlS'z. United Tire and Rubber 30 cents to S3. 90, Carma Devel- opers 't to S7ni. Inco to 900.26. Gaining issues on Ihc New York Stock Exchange had about a -i-to-3 lead over de- cliners. Among Canadian stocks. Dome Mines was ahead s at and Mean added to Inco was off at On the American exchange, Brascan was of! 'i at S2Ui and Neonex down a like ami interview. If current conversations with (be Soviets, Air France and Britain result in a pool agree- ment on trans-Siberian routes then "we've broken back of travel.11 Mr. Nicholson said the pool agreement would open up travel between London, Paris, iMoscow and Tokyo. "Then I believe the, Japanese will want lo join in. And if they get the Concorde they will want to use it in the Pacific. And hopefully we would go on west to New York." Mr. Nicholson said it is pos- t's mill i to envisage a trunk route ount at I extending around two-thirds of increase prolilnbility. Another major problem in the aviation industry lias heen the cyclical nalurc oE over-capac- ity, Mr. Nicholson said. BOAC, j for example, has been flying the North Atlantic route at 50 cent capacity- as low as 35 per cent in winter and as high as !10 in summer. The industry gees through stages when it builds up pro- fitability and performance, gets too optimistic and then enters a period of over-capacity when lamp wammg issued decline. "1 would say we've gone through the trough, in 1971, and :o on level and Distillers Corp. Vt to EDMONTON (CP> Alberta grain producers should ti o t count on the Canadian wheat board accepting large ties of damp grain. Walker, marketing economist 537. International Mogul increased li lo Sll's. Giant Mascot 10 cents to and Aetna In- vestments ID cents to SI. 70. Brunswick Mining and Smelling declined 10 cents to S3.70 and Columbia Metals fi cents to 33 cents. Numac clLmbed r? to Canadian Homestead 33 cents in and lhe drying program inlcrfeml exporting, he said hi a news release. Ter- minal elevators became over- ilie world, knocking on both ______ 1 sides of North America. DEPEND ON CONCOHDF His guess is that this will fVVlin States to enter dill supersonic ern. Since it would prohnWy lake five or sis years to produce their own PST. Americans would have lo depend on the Concorde. Until the imponderables are i sorted out, it will continue to be difficult to forecast the future of Concorde operations, he said, The nil-lines still do not know what countries they will be a 11 owed t o fly over, where they'll he able to land or what quanti- j other nations might come up David i with .supersonic planes. The Concorde will not be if the past is anything lo over-capacity BP Oil Gas Soi'Mi tix Cdn Ccln Jri) Ga Cdn Super Cdn is Ch.iMer ChkMan Dave. Gt Plains Gt Cdn Oil OILS HusXy O'l 6.T5 Husky Oil B fl.10 Oil War U.J5 Inler Prov Pipe U37''i Inter 6JO Kaiser Res J.EO 10.00 Oil S3.CQ i.03 13.CO 4 2. CO 1.60 II i, 80 Ko ell W Ponder Ranger Scurry Spocr.ef OocaUa West Pets MISCELLANEOUS INDUSTRIES Sand1 Tclcdyne J 'u West Cdn Seed 6.00 White Yukon 12.W WesKIeld I.Cfl V.'cslon Pfd (5.00 CALGARY Acroll .15 North Conl Warner .33 PIPE LINE STOCKS Alfa Gas A ISiO Alia Gas F'ref Alia Mat Gai Inland Nal Gas N and C Gas H and C D Pfd Pacific Trans Gai Metro Oaz Metro A Trans CiSa Pipe Trans Cda B Trens Cda A Trans Cda War Vi'C WC Trans WIs Gr Hqully Invest Gr 4 15 Mutual Mutual Ac 13 Mutual Gr F I (0 Nat Res (8.00 11. CO 13.25 17.63V. 76.CO United Ac Universal S3V 8.! Vanguard 9-1 Univeil 5.5 VANCOUVER MINES A IE oil Alias El x pi or Balh Norse B rend a Crurchit Copper Croyden Djvenporl Vardeo 8.37 9.17 ir-H 13.60 5.15 6.51 6.09 470 4.W 5.32 7.47 316 5.39 574 6.33 -4-9B i.47 7.76 8.11 8.87 6.05 Government cool on Alberta idea 40.75 ,'2 27.W 3.20 mcnl 4.55 .51 .07 Vi 1.04 js .33Vi ,22V 6-7.5 CALGARY (CP) The fed- eral government still has lillle ympalhy for Alberta's desire o be included in energy neg- >lialions conducted by Ottawa, Energy Mi nis ter Donald Mac- said lierc, The federal government prc- crs 'consult ation with the provinces to their participation m negotiations. Shortly after Alberta Prem- ier Peter Lougheed was elected last year, he asked the federal government to include Alberta in energy talks because it holds off" for the next five years. But, post actions will prob- ably see the airlines get opii- rnistic again and "buy a lot of planes1' and nm into the over- capacity problem again in the EollowmK five years. IMr. Nicholson, 4U, was bom in Britain of parents from Arn- Tier-st, IvS. Ho became cliair- j nan of the group a year ngo. Cynnus D FakL-n Copper H-2ira A Home 0 Huil Co Hud Dav Oil Hud Bay Oil Pfd Hugh Russell {.M e.CO 11.75 37.CO :M 13.00 -85.00 5375 'alley Cooper INDUSTRIAL 8.36 9.U Block Ores 3-00 9.1510.00 B.C. S'inar 2200 4.57 B.C. 1S.M 6 j? 7.02 Cail Ir.lcr 370 3-31 Columbia Brew 3.25 5-72 5 73 CreslcrODk F Inrl 6.87 7.51 Mys 3.IS 16-25 Key Indus! 55 J.Oi 4.4S Pacific W Air -24.M 3.IB 3 fl) Slarr.pede Res ,71 4.30 6.75 OILS 1 5.27 5.76 Albany Oil .88 7? Fear of The wheat hoard allowed ad- proportion of high-yield traffic, j seafcod poisoning in the north- with the provincial department, said Moi ericultm-c I low-fare plane. Its success will Inday. depend on flights with a hiffii j vance delivery of damp grain to to 510 and Pan Ocean S17's- LIGHT TRADE MONTREAL (CP1 All sec- tors declined in liglit trading on the Montreal stock market to- day. Combined volume on the Tontreal and C an adian stoc k exchanges at 11 a.m. was 200 shares, compared with 900 at the same time Monday. Utilities dropped .'25 to 157.95, papers .IB to 92.65, the com- posite .09 to 221.14, industrials .05 to 231.46 and banks .03 to 257.83. For the moment, this rules out Canada, in future Concorde plans. British Airways Group, which brings the operations of British loaded with lower grades of Overseas Airways Corp.. Brit- wheat for which there were few ish European Airways and as- markeus. sociated companies under one Ke said there is an extreme-! management, sees the Con- ly heavy shipping schedule out corde as a pioneering job that of Vancouver this fall and win- will have in tne long ter, and there already is evi- term. dence the hoard will be Mr. Nicholson said it will cut extremely reluctant to compro- j travelling time for intemational mLse its sales program to ac- businessmen in half. ___ commcdate damp grain. "We expect to get DO per cent 1 prices in (he New England "Grain producers would he of our passengers market foi' lobsters h a v e better advised to make contin- j switching over to supersonics {Iropped to its level in gency plans for having their j as well as attracting first-class j two years. eastern Umtet'i Slates is just "one more nail in the coffin." of the lobster market for Mari- time fii-hermen, a spokesman for a lobster exporting company .says. Arthur LeBlanc, general manager of United Maritime Fishermen, said fears of poi- sonous algae in New last month came in the wake of consumer and institutional backlash against record high prices earlier in the year. He said that due to the scare, Rroutan Belhleliem Brunswick Cdn. N.W. Canada Turrj. Caviar Central Pat. Deer He Discover Frobex Firsl Alaritii ant V.VC. 1.53 1J.OO 1.45 l.SO Pine Poinl 51 DGV. 3.10 P.C. Exp. .33 Man J.75 Rayrcck 3.EO Radicre J-J3 Rio Algom Ccrp. Sherrilf Gordon Silver Miller Steep Rock Tel: Corp. Upper Canada .06 Ye I lew knife Bear 3 Zsnmac lower 2.75 %A; June 1 higher 2.73B. Rapesecd Thunder Bay: Oct., Nov. and Dec. not open; May unchanged 2.61 ?iB. Oats: Oct. unchanged 82 3iB; Dec. higher 83 May un- changed M July unchang- ed 85 A. Barley: Ocf. unchanged 1.28; Dec. higher 1.20; May un- changed 1.28 July lower 1.29 A. Rye: Oct. unchanged 1.13 Dec. H higher 1.21 VsA; May higher 1.27; July unchanged 1.26A. Grain quotes Tuesday (basis JQgh Low Close Flax Oct .153 350 353 335K Dec 323 May 334 Ti 330% Rapeseed Vancouver Nov fan 279''i 275'A 279H Mai 27IVs Jun 272 27011 272 molecules of carbon dioxide gas until they send out a beam of intense, highly focused, and co- herent radiaiicn. When aimed at tissue through a microscope, this laser beam's bursts of invisible light pro- duces a spot of heat less than a hundredth of an inch deep, enabling it to cut more pre- cisely than any scalpel, Fidler said. The laser has Jjeen used on four severely damaged burn patients lo vaporize dead, un- wanted stun instantly and with- out any bleeding, the study re- ported. The excised area was so clean that skin grafts took more quickly alter con- ventional surgery, Fidler said. He said experiments on ani- mals give hope the laser will he useful in surgery to repair vital organs such as the liver, which now frequently causes death after rupturing because they contain an extremely high num- ber of blood vessels. Bursts of Taxation from the carbon dioxide beam were used to slice away damaged liver tissue in dogs, Fidler said. Tha ser neatly severed and sealed end of each blood vessel, educing bleeding by half. The beam also completely va- orized the dead tissue, leaving o surgical debris at the site of he operation and thus greatly educing the risk of infection, idler said. Dollar value MONTREAL (CP) U.S dollar in terms of Canadian funds down 1-32 at JO.93 11-32 Pound sterling up 1-16 at 7-1C. NEW YORK dollar unchanged at 1.01 in terms of U.S. funds. Pound sterling up 5 6-1 at 2.42 25-64. Rapcseed Thunilcr Bay Oct Nov Dec May Oats Oct Dec May Jly 256Vi 256K 83 Ki'i 85 Ilarley Oct Dec May Jlv Rye Oct Dec May Jly 130 110'2 121 Vi 127 KHi PA'.', 126 1257i 12JS-VI IIS 120 254'i 255% 25214 126 125'i 120'i Italy's lectors strike HOME (AP) Italy's ospital doctors and their as- istants walked out today in heir second three-day strike 10 days. They are protesting against he present system of exam- nations for hiring hospital doc- ors and demanding a greater roice in hospital reforms. Hospitals turned away all but emergency patients. D3-IO-72 OS.llped By Gene Fawcelle ACUPUNCTURE, THEANCIENT CHINESE NEEDLE TREATMENT FOR ILLNESS AND PAIN, IS BEfNS USED SUCCESSFUL 8YA BRITISH DEMT1ST. WITH NEEDLES INSERTED IN HASPS ANoreer, PATI ENTS FEEL NO RftIN WHEN THEIRTEETH ARE DRILLED NEAR SfARf SOMETHING GOOD Beef futures WFNNIPKC; (CP) Live hecf futures Tuesday. Nov 3-1.30; Jan 33.50A; Mar Monlay's volume: four con- tracts. COURSE CALGARY (CP) The Uni- versity of Calgary will offer credit courses in elementary Ukrainian this fall. The courses, first of their kind aV the univer ily, are offered in re- sponse to several requests. NW INVESTMENTS LTD. NW GROWTH FUND NW CANADIAN FUND LTD. NW EQUITY FUND For a confidential dilcutsion colT or wriFB Dkk Batomon, 1514 U Avo. N. lethbridgs Pli. 327-5137 SALES REPRESENTATIVE Due lo Increased sales volumes and additional products, we wish to increase staff in our dualor department. offer good benefits and potential for the right man. Please reply in confidence giving full background, education, experience end marital status to: SALES MANAGER BOX 97B RED DtERr ALBERTA ;