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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 5, 1971, Lethbridge, Alberta Gold issues are tarnished Canada, big drain on U.S. TORONTO (CP) Gold is- sues plunged sharply lower for the second consecutive session, as prices in other sectors of the Toronto stock market remained mixed to fractionally lower in active mid-morning trading today. The gold index dropped 4.25 to 161.96 and industrials .15 to ]71.40. Ease metals were un- changed at 79.03 and western oils climbed .46 to 235.32. Volume by 11 a.m. was shares, up from at the same time Monday. Advances outnumbered de- dines 104 to 79, with 162 issues unchanged. Among declining gold issues, Dome Mines lost 1 to Giant Yellowknife to S7.HO and Camflo five cents to Weakest sectors were general manufacturing, paper and for- est, steel, merchandising and utilities. Banking, oil refining, realestate and pipeline issues posted fractional advances. Beaver Lumber dropped to Inco "B to SSl-ls, Bethlehem JK to Murphy Oil to Mclntyre to and Pine Point to Shell Canada was up to after a short delay in trad- ing at open clue to an influx of orders. Rank gained -li to SZOli, Bow Valley to Nova Scotia Light and Power to and Sherritt Va to CLIMB FRACTION MONTREAL (CP) Prices moved fractionally upward light trading on the Montreal stock market today. Combined volume on the Montreal and Canadian Stock Exchanges at 11 a.m. was shares compared will at the same time Mon day. On index, the composite rose 15 to 177.30, industrials .20 to 178.88 and banks .12 to 211.30 Utilities slipped .01 to 150.92 and papers .67 to 71.85. Highlighting gains, Shell Can- ada rose to Velcro to and Hunter Douglas Vt to Bombardier dropped to R. L. Crain to and Asbestos to Vi, STOCKS DIP NEW YORK (AP) Weak- ness in steels, motors, elec- tronics and metals helped push the stock market lower today in slow trading. The noon Dow Jones average of 30 industrials was down 5.62 to 890.04. Declines held a 6-to-5 lead over advances among issues traded on the New York Stock Exchange. Analysts said investors still appeared unwilling to commit themselves to the market pend- ing further details about Phase 2 of President Nixon's economic program. Brokers noted that volume was running Monday's pace. behind Disney was up 1% to Polaroid off to IBM down 1 at Control Data off 14 at and Xerox down 1's to At noon the Associated Press 60-stock average was down .4 at 325.7. Noon prices included: Kraftco Corp., down al Flying Tiger, up Vk at Heublein, ahead at Swift and Co., down 2% to S38Ta; American Smelting, ofi 7's at and RCA down Va at Among Canadians, Distillers Seagrams was up 14 at and Grenstar up the same amount at On the American Stock Ex change, Jupiter Corp. was up at Scurry Rainbow Oil was off 14 at OTTAWA (CP) Canada was a net drain on the United Slates balance of payments during the first half of this year, sharply lower than the racked up in the first half of last year, new fed- eral government national ac- count statistics show. These are the figures that the U.S. argues with when urging other countries to cut their big surplus in financial dealings with the U.S. It was such con- inuing large deficits prompted 'resident Nixon last Aug. 15 to mpose the new American 10- >er-ccnt import duty on manu- actured goods. Canada normally figures its balance-of-payments position on ts net position in dealing with other countries in commodity jade and services. The U.S. lowever, views its balance-of- payments as including net flows of short- and long-term capital. In the Canadian way of look- ing at things, Canada had a net deficit with the U.S. amounting .0 million in the first six months of 1971. In other words, tills was a S273 million benefit for the U.S. in its commodity and services trade with Canada in that period, compared with million in the same perioc of 1970. BIG INFLOW However, there was a net in- low of million into Canada in American short- and long- term investment in the first nal of this year, which meant tha' in balance, from the U.S. poinl of view, Canada was a mil lion drain on the U.S. balance- of-payments. In the first six months of last year, the ne capital flow into Canada wa: billion. The U.S. is looking for a billion turn-around in its bal ance-of-payments deficit will the rest of the world. This is thi goal set when President Nixor imposed the surcharge, let lh U.S. dollar float in relation fc Check Einstein theory New Gulf refinery on steam Building record in sight WASHINGTON (AP) Two scientists took off from Dulles International Airport Monday night on a round-the-world flight to test with jet and atomic era equipment Albert Einstein's Potato Prices WINNIPEG (CP) Mari- time potato futures: Close 2.25N 2.60N 3.05A 3.05A i pair of 60-pound atomic clocks Nov Mar Apr May Fri. 2.25N 2.60N theory of relativity first ad- vanced in 1905. Joseph C. Hafele, an assistant physics professor at Washington University in St. Louis, and Richard Keating of the Naval Observatory here will conduct the experiment in a 214-day trip eastbound. They will try to see whether Einstein was correct in theoriz- ing that a rapidly moving clock measures time differently than a clock at rest. On their commercial 747 jet 2.68N rids in seats beside them are a Dollar value MONTREAL (CP) U.S. dol- lar in terms of Canadian funds unchanged at 25-32. Pound terling up 1-16 to NEW YORK (CP) Cana- dian dollar up 1-32 at 15-64 in term of U.S. funds. Pound sterling up 1-1 fi at 61-64. each valued at A third atomic clock will measure time in the normal manner at the ob- servatory. Hafele says that if Einstein's laboratory observations were correct a clock flying westward around the world should gain about 300 billionths of a second over the clock on the ground and a clock Hying eastward should lose about 100 billionths of a second. Under Einstein's theory, the time that a clock records is de- pendent on its speed relative to the stars. CALGARY (CP) Buildin, permits for construction value at fl7 million were issued dur ing September, pushing ft nine-months total to mil lion. In 1968 when the city ha record construction, the toto of building permits for the com plete year was million. If construction starts continu for the remainder of the yea at the current rate, the recor could be exceeded but the la three months are usually slw So far this year, single-fam ily dwellings have account! for million worth of co sfruction and apartments million. The remainder includ industrial plants, commerci and office space and govern ment structures. price of gold d ordered a 90-day price and age freeze, Compared with the billion gure, the net drain that Can- la imposed in the last couple of years Is small: million in 19C9 and million in 1870. For the whole of 1971, the total drain is expected to be much smaller than last year, the sta- tistics indicate. EDMONTON (CP) The dmonton refinery of Gulf Oil anada Ltd., described by the ompany as the largest in Vestern Canada, went ream" Monday. The million refinery is to produce daily barrels of gasoline, barrels ol jet, diesel and heating fuels, and solvents, 45 tons of sulphur and Grain prices Winnipeg Grain WINNIPEG (CP) Rape- seed prices were firm to slight- ly higher at mid-scsion on the Winnipeg Grain Exchange to- day. Trading in that community was quiet. Barley posted slight ad- vances in a light domestic and maltster trade and oats were steady. Rye futures were frac- tionally higher. Volume of trade Monday was bushels of flax, of rapeseed and of rye. MID-SESSION Flax: Oc.t unchanged Nov. not open, Dec. 5 higher May not open. Rapeseed Vancouver: Nov. Va higher 2.61 Vi, Jan. higher 2.56'.4, March -ni higher 2.5S14B, June not open. Rapeseed Thunder Bay: Oct. Hog sale EDMONTON (CP) Prices o 11 a.m. provided by the Al- wrta Hog Producers' Market- g Board today: Edmonton: 23.75. Average Jonday 23.62. Red Deer: 23.65. Average Monday 23.47. Calgary: 23.65. Average Monday 23.47. Lethbridge: 23.70. Average londay 23.51. Lloydminster: No sales. Av- erage Monday 23.10. Grande Prairie: No sales. Average Monday 23.08. Hog sales 646 with sold Monday. Average Monday 23.54. Sow price 13.10. B.C. exchange chief quits VANCOUVER (CP) John Van Luven resigned Monday as president of the Vancouver Stock Exchange. Exchange chairman Gerald H. Stevenson, who announced Mr. Van Luven's resignation "for reasons of said Mr. Van Luven had been under a doctor's care for some time and that his health had deterio- rated in recent months. Mr. Van Luven had been pres- ident for almost seven years. Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Dohcrty, Roadhouse and McCuaig) LAST BID OR SALE a.m. Quotes) Quotes) Quotes) WESTERN OILS Almlnex Alta East Gas Asamerfl Ashland OH B. P. Oil, Gas Cdn Southern Cdn Export Gas Cdn Home. Cdn Home Pfd Cdn Ind Gas Cdn Long Is. Cdn Superior Central Del Rio Charter Chleftan Dome Pete Dynamic Pete Great Plains Lochiel Expl. Mill City New Cont. North Cdn Oil NuniEC Permo Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain 17. Spooner 1. Total Petrol 7, West Decalla 7. MISCELLANEOUS INDUSTRIES Agra Indus, Atco Indus, Aquataine it. Nfld 41.50 7.15 11.75 Hugh Russell 5.50 Husky Oil 5.40 HusKy Oil B 16.75 Husky Oil War Inter Prov Pipe 6.95 Inter Prov Steel 6.20 Joutel Kaiser 10.42Vs Kam Kotlfi 20.00 Lake Dufault 10.75 L. Ont. Port .61 MGF Man. 41.50 Mentor 16.25 Newconex 5.50 Pacific Pete Rank Organ. 37.35 Selkirk Hold. 1.27 Shell Cdn 33.00 shell Inv Pfd '.39 shell Inv VVts 3.-13 sicks .78 Teledyne 6-80 west Cdn Seed 13.00 Whitepass .61 CALGARY 1.37 Acroll .-5 Barons Oil 1.18 North Cont. Madison 13.00 west Warner PIPELIN ESTOCKS Alta Gas Tr R 1-15 Alta Gas Tr L A 49.75, Alta Gas Tr L Pfd 75.25 Alia Nat Gas 22.50 Cdn W Nat Gas 19.00 inland Nat Gas 8.25 N and C Gas_ 1750 Corp In St F 5.13 5.61 17.D7Vi Dreyfus F U.S. 12.18 13.35 In Shares 3.36 3.70 Inxest Gr F Inves fMutua! Mutual Ac Mutual Gr F Nat Res N W Fin N W Gr Principal Gr Royfund Temp Gr 3J.1IV2 United Ac 20.50 Universal Sav 15.12W VANCOUVER 36.00 Albany 35.50 Anuk Arclic Mining Atlas Explor Bath Norse Belh Copper Block Bros Brenda B.C. Sugar B.C. Sugar Pfd Capt Inter Churchill Copper Columbia Cel Coronation Credit 5.00 .32 11.00 2.25 2.00 .70 5.10 17.00 2.50 3.85 4.50 9.75 .34 6.07 6.6; 10.56 11.55 5.26 5.76 5.27 5.BD 9.93 10.52 4.E-J 5.32 6.P7 7.62 4.42 4.18 4.59 5 52 5.7- 25.24 27.5! 1.84 5.3! 6.98 7.61 17.12', 3.00 4.10 1B.EO Dane has 18 pups NEW ORLEANS (AP) Madame Teke wasn't taking ad- vice from the old woman who lived in the proverbial shoe who recommended average size families. Madame Teke, a Great Dane, gave birth to 18 puppies Sunday and veteri- narian H. B. Tide said it was the largest litter he's ever seen. Sixteen pupies survived. Foreign reserves unchanged OTTAWA (CP) Canada's foreign exchange reserves re- mained substantially unchanged at billion last month, down from the end of August, the finance department reports. The reserves included billion in U.S. dollars at the end of September, a decrease of million for the month. There was an offsetting in- crease of million in Canada's reserve position in the Interna- tional Monetary fund. Cdn Cdn Grew B Cdn Hydro Car Cdn Occidental Cdn Pac Inv. CPR Pfd. A Crowsnest Ind. Cygnus A Cygnus 8 Genslar Gt. Cdn Oil Gf. Sands 6-75 Home Oil A Home Oil B Home Pitfleld Hudson Bay Co Hudson Bay Oil 3B.OO N and C B Ptd 28.75 pacific Gas Tr 12.50 30.00 Gai Metro Pfd A 65.00 36.25 caz Metro 6.00 13 87Vi Tr Cdn P 35.62V 900 Tr Cdn P Pfd A 65.75 55.50 Tr Cdn P Pfd B 42.00 1025 Tr Cdn P War 10.00 25 00 WC Trans U-50 600 MUTUAL FUNDS Crestbrook F Itld Croyden Dolly Varden Dynasty Fort Reliance 11. 62 Giant Mascot 14.62'A Granisle Growers B Key Induat Hys Interior Brew Inter Manner Kamloaps Copper Lornex Lytton Minerals Okanagan Helicop Pete 4.95 10.50 2.95 .IS 3.50 4.00 .65 .09 6.50 1.53 6.00 Hud Bay Oil Pfd 55.00 8.24 9.02 Prir. 9.2710.13 Pyramid -39 All Cdn Vent 3.78 4.13 Silver Standard 1.40 Amr Gr F fi.o5 6.64 Stampede Intl Res .71 AGF Special 2.93 Texmont .39 Cdn In Fund 13.80 15.16 Trojan -31 Col Mutual 6.22 6.83 Western Mines 2.01 Cmnw Inter 12.56 13.80 WC Res .05 Cmnw Lev 330 3.63 Western Explor .15 Corp Invest 5.G9 Utica -21 6.25 All Cdi 11 12Vi All Cdn Dvid 5.05 100.00 3-1.75 34.50 2.40 17.75 45.50 RECREATION SUPINTENDENT required by PARKLAND REGIONAL RECREATION Application-; ure Invited io fill ihe position of Recreation Superintrndrnt for thp TorHand Regional Recreation Council. RESPONSIBILITIES 1. The Department Hcnd responsible to the Parkland Region- al Council. 1. The management of budgets, staff ond programs. 3. The development of policy statements for all aspects of program, leadership, faculty use and development. EDUCATIONAL REQUIREMENTS 1. B.A. or BSc in Recreation Administration or related de- grees and training. 2. Five years of full time experience in the administration and management of n recreation service. 3. Be fully familiar with Provincial Government services, grant programs and the philosophy of regional develop- ment. 4. The personal and educational qualifications to membership in Ihn Professional Institute of tho Alberto Recreation ond Parks Associotion, SALARY Starting at 1o Application ccm bo mado to Mr. N, Vlco-Chalrmon, Parkland Rcciionnl Council, Box 130, cvanburg, Alberta. Please give personal qualifications, roiumn of experience, references and any other pertinent Information on or before November 15th, 1971. BIG BUSINESS Foreign tourists to Italy to- talled 4.7 million in the first eight months of 1971. By Gene Fnwcette A BOAT BASIS) WHICH BECOMSA PRYOOCKIW WINTER. THE CLOSED BASlN IS CONNECTED TO OPEN WATER BY A NARROW GATE THKOUSH WHICH SMALL BOATS ARE SAILED OR DRIVEN INTO SPECIAL SUPPORTING RACKS... ...ONCSAUCMFT AKEM THEIR RACKS, OUT IEAWH6 THEM HIGH AND Toronto mines, industrials (Supplied By Richardson Securities of Canada) LAST BID OR SALE a.m. Quoles) MINES Acme Advocate Asb. Akaitcho Black Bay Bralorne Broulan Bethlehem Brunswick Canada Tung. Casslar Central Pat. Chlrr.o Conwrst Cons. Rambler Coin Lake Cochenour CraigmonT Dickenson Mines Denlson Mines Deer Horn D'Eldona Dome Mines Donalrfa Discovery MlneS East Malarfic East Sullivan Fskonhridge Frohcx FirM Msritlmes Giant Y.K. Bovis indue .26 1.75 .35 17.35 3.50 1.68 IS. 50 1.70 a.m. Quotes) Northgate 5.75 Norlex -28 Opemiska 8.10 Osisko -22 Patino 17.62''; Pine Point 25.00 Placer Dev. 25.75 P. C. Exo, .67 Quebec Man Rayrock Radiore 1.23 .19 Rio Algoi ___ Roman Corp. 5.75 7.90 Sherritt Gordon U.37'-2 1.J6 Silver Miller .05Vz Steep Rock 2.07 .35 Tek Corp. 4.85. 8.25 Texmont .39 .86 Upper Canada 1.GO 21 50 Western Mines 2.90 .05V? Wright Hargreaves 1.15 rO -75 62 Windfall -10 Wa Yellowknife Bear 4.95 .80 Zenmac .07Vi INDUSTRIALS a.m. Quotes) Dome Pete Dofasco CAB Fd of Amer Gl Cdn Oil Gen Motors Gt Lakes Pap Gulf Oil Cda Greyhound i-ker Sid Hui Erie 63.00 1.PO 7.50 38.00 Headway R.L. Hollinger Hudson Bay M-S 30-50 Hyrirn Ex. Bay 150 Joliet Kerr Artdisrn Key Anacon Labrador Lake Shorn Langis Silver Madsen R.L. Malartic G.F. Martin McNrely Maclntyre Meta Mldrlm Intern Mogul New West Home Now Athona New Oilumet W. Horse Copper Norandn .77 AWflhi Alcan Algoma Steel Atco Ind Allan Sugar Dell Tf I Brazil Trac B.C. Tfl P.C. B.C. Sunar CAf: Ind Crin Brew Chnmcp'l Co) Cfllulrsr Cal Power Ccrrn Credit C W.N. Gns Cdn Indust Canada 5 S Cdn Marconi Cdn Vickcrs 1 Chrysfrr 'CPR Cominco Cons Pain Cons Gns Sra Dom Bridge Domtar Dom Textile Dom Hirsm Walk Imperial Oil Imasca Int Nickel Int Pipe Inv Gp a Int Utilities Indust Accept Laurentide Kelly Doug A Loeb Loblaw A Metro Stores Massey Ferg i McMillan Bloe Moore Corp Molsons A Molsons B North, Cent Power Corp Price Co Rothmans St Law Corp Shell Simp Sears Steel ot Can Selkirk A Tpxnr.o Trarirrs A Trans Win Pn Trsns Cfln Pp Union GHS Union Oil Versatile M'g Wcstecl Union Cur Western's B Woodward's A West Crin Scl Zenith Elcr 6ANKS Can Imperial Monti rnI Nova Scotln 37.50 22.50 13.37' 70.00 515 8J.75 15.25 25.75 14.25 2.45 16.00 36.50 30.75 IP 31.75 27.6! 6.S7 36.55 18.75 B.75 5.37 3.95 5.37 1600 11.25 23.75 35.00 17.00 17.00 K75 5.12 6.15 12.25 19.00 3S.62 20.37 26.00 73.37 15.12 3350 13.87 2700 35.50 LUS 3.60 1.U2V2 16.00 23.75 A 50 1.00 23.50 27.12'7 35.62Vi cc. unchanged IM'.zB, May 9a gher G5UB. Barley: Oct. ri Wghei Dec. higher ay higher October 3, 1971 THE IETHBRIDGK HERALD 13 Livestock report pounds up 21 to 30.90. Good stock steer calves 37 to 43, de- pending on weight. Hogs average base 23.05. price Calgary livestock CALGAKY (CP) Receipts o 11 a.m. at the Calgary Pub- ic Livestock Yards were lead, mostly slaughter steers and heifers. Trade was active with a good local and eastern demand. Slaughter steers sold uneven- ly steady under closer sorting with over-finished steers sharp- ly discounted. Heifers sold fully steady to strong with sales to 29.90." Good cows were barely steady with medium and can- ner kinds 50 cents lower. Bulls steady. Choice steers 31 to 31 .CO. good 30 to 30.75, medium 215.75 to 29.75. Choice heifers 29 to Companies Ltd. reports profits 29.80, good 28 to 29, medium I were almost halved during the 26.25 to 27.75. Good cows 23 to 1970-71 fiscal year while sales 23.80, medium 20 to 22.50, can-1 increased slightly. Profit of Lob- ners and cutters 17 to 21. Good j ]aw Groceterias Co. was oft by Loblaw profits halved TORONTO (CP) Loblaw Rye: Oct. Vhigher FMB 33.50. Good feeder heifers ec. 3-i higher BB'.zA, May 'i gher High Low Close Flax ct 22511 OV 225'i lay bulls 2.150 to 25.50. Replacement cattle were practically all heavy steers selling at steady prices. Stock calves were scarce and sold steady for quality. Good feed- er steers SCO pounds up 31 to include National Tea Co. of Chi- almofit one-third. Discount pricing was cited as a factor in the reduction of profits. Loblaw Companies, the mer- chandising firm whose holdings 223% Rapeseed Vancouver ov 260 an 258V4 255-% lar 224% 228'i 22514 28014 253 Hapcseed Thunder Bay Ct 24.V.2 24 ec 246 lay 253 Vz 251 Jly Oats )ct 641.4 )ec Wi 2 lay 65" Barley let 101 1001-4 Jsc lOl'-i lOO'i lay lOHi NXRi Ryo Jet 86 Dec SSi 2 8B lay 94's 24314 251 '.i 250Vi 65-4 101 101 101 86 PM accused of playing with figures Corporation profits rebound OTTAWA (CP) Pre-tax irofits of industrial corporations n Canada, after declining through most of tlie last two years, rebounded in the second quarter of 1971, Statistics Can- ada reported Monday. They ran to billion in April, May and 12.3 per cent from January, Febru- ary and March, and 14.5 per cent higher than in the second quarter of 1971. The figures, which are ad- justed to take into account nor- mal seasonal fluctuations in profits, reached their low point in the final three months of 1970, when they ran to bil- lion. The latest report showed them at the highest level since the first quarter of 1969. when they amounted to -billion. The statistics bureau's figures cover 25 industrial groupings, excluding agriculture, fishing and trapping, and construction Sales in the second quarter of this year ran to billion, up 12.6 per cent from the iirsl quarter, and seven per cenl higher than in the same perior last year. Unadjusted net profit was billion in April, May and June this year, up 29 per cent from the first quarter and 16.4 per cent higher than the first quarter of 1970. OTTAWA (CP) David Lewis, federal NDP leader, Monday accused Prime Minis- ter Tr'udeau of "playing with figures'1 in a Sunday night tele- vision broadcast. He said at a news conference that the figures on planned fu- ture payments to western farm- ers were "pure guesses" and "confusing and misleading." Mr. Trudcau on the free-lime political broadcast, The Na- tion's Business .estimated that farmers would get S170 million during three years under the grain stabilization bill now be- fore Parliament. He said that during the same period payments under the 1956 Temporary Wheat Reserves Act, which the grain bill would repeal, would he million. CONFUSES FARMERS Mr. Lewis said this statement was deliberately made to con- fuse farmers. The reserves act and grain bill were completely separate and distinct issues. Mr. Lewis said it is improper to compare amounts under the two measures. In event, the amounts given by Mr. Trudeau were pure guesses because the payments would depend on such circum- stances as markets and prices which the prime minister could not foretell. Mr. Lewis also said Mr. Tru- dcau did not mention that the Prairie farmer would make substantial contributions to the stabilization fund under the new grain legislation two per cent of gross sales. cago, and T a m b 1 y n 's drug stores, as well as Loblaw super- markets, had net profit of or 42 cents a share during the fiscal year ended April 3 compared with or 79 cents a share during the previous fiscal year. The 1970-71 profit includes an extraordinary gain on sale of certain assets of while there was a similar gain of during the previous fiscal year. Sales totalled during 1970-71 and the previous year. Loblaw Groceterias, a subsidi- ary of Loblaw Companies, had net income of or a share during the fiscal year ended April 3 compared with or a share a year earlier. Beef futures WINNIPEG beef futures: Close Frl. Nov 32.TON 32.70B 32.50B 32.50A Jan Mar 31.85N 31.85N EXPORTS TO JAPAN Australia's exports to Japan during 1970 amounted to million. Town planner gets new job RED DEER (CP) Michael H. Rogers, 39, planning direc- tor for the city of Calgary, has been appointed Red Deer's new city commissioner at a special meeting of city council. Mr. Rogers, a British-train- ed tov.ii planner who has been prominent in Alberta munici- pal government for 15 years, was selected from" among 75 other applicants, the city said. Mr. Rogers fills the vacancy created when Denis Cole mov- ed to Calgary to become that city's operational and develop- ment commissioner. High Profit Franchise Opportunity Living Lighting, a rapidly ex- panding chain of specialty lamp, chandelier and shade centres, has another prime location available at the new Centre Village Mall in teth- bridge for qualified indivi- duals. .12 Canadian slorei now open Systems and Buying power of a major chain. Complete training program Investment required Exception earning tial "CLIP AND MAIL" Name.................. Address City Phone...... LIVING LIGHTING LTD. Suite 300, 48 Yonge Street, Toronto 1, Ontario, Phone 363-5166 or 363-5167, Mr. E. K. Loyst, President. Naval blotters MOSCOW (Renter) Soviet) shipyards are building a fled of oil-clearing vessels for service in the Black, Baltic and Caspian seas. The first already are in use in the ports of Leningrad, Riga, Odessa and Baku, rapidly disposing of any oil accidentally discharged by tankers. HANKS EIGHTH India is Hie eighth Inrposl. In- dustrial country in Hie world. MAJOR OIL COMPANY HAS FOR LEASE HIGH VOLUME SERVICE STATION WITH COFFEE SHOP AND UVING QUARTERS ATTACHED Located on Highway No. 3 Apply to BOX 110, THE LETHBRIDGE HERALD Giving Particulars of Experience and Capital Available, York slocks Amr T Am Anncondfi firth Steel Chrysler Comsat Duponl GM Gulf Int Hnrvps! Kenn Copper Montgomery (SiippUod By Richardson Securities of Canada) id T i Soars Std Oil of N.J. Texas Gulf Trxiis Co Wickns Corp Woolworlh 'j El H W Golds 1A1.0-1 Off 4.17 73.13'> 10 RflSP Mel 79.19 oft .44 15 W Oils 234.19 oft .67 volume ;S555 NEW YORK AVERAGES 96 SO 30 Imiust flfl9fll 5 04 30 RfliK 3.18.89 off .47 J 15 Utilities 113.W up .19 AVERAGES 65 stackS 305.68 off 1.19 Wnrd Xl'.tm m Mint 170.94 Ml Voluirn ATCO (WESTERN) LTD. lias an immediate opening for a Draftsman with Iwo or more years experience in pre-fabricated building production draw- ings. Successful completion of a Drafting Course and general construc- tion experience an asset. Reply in writing stating salary expected toi ATCO (WESTERN) LTD. 51 IS Crowchild Troll, S.W. CALGARY 10, Alberta ATTENTION: PERSONNEL DEPARTMENT ;