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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - October 17, 1970, Lethbridge, Alberta -Saturdoy, October 17, 1970 - THE lETHBRIDGE HERAID - 21 BUSINESS Ottawa Weekly Livestock Report OTTAWA (CP) - Cattle deliveries at the 10 public stockyards this week totalled 27,-500, about 500 below last week and 1,000 fewer than in the corresponding week a year ago. Exports of beef cattle to the Cattle deliverifes at public markets were moderate considering the holiday shortened week. Demand and prices continue very uneven. Rrices on choice and good quality steers and heifers varied from 50 cents higher to 50 cents lower. Cows traded on a none too active demand and Safeway Earmngs Higher VANCOUVER (CP) - Canada Safeway Ltd. and subsidiaries, today reported net earnings for the 36-week period ended Sept. 5 at $10,143,024, up from $9,121,-789 for the same period in 1969. J. P. Leaney, company vice-Jjresident, said the figures show that while sales have increased', a lower rate of profit per sales dollar is evident. United States last week rose to 435 and were evenly divided between slaughter and feeder cattle. generally steady to as much as two dollars lower. Bulls were mainly steady to 50 cents down. Feeder cattle varied to stronger to about 50 cents lower and stock calves to steady to two dollars lower. Veal and butcher calves were mainly unchanged. The hog market closed sharply lower, and lambs averaged from slightly higher to a dollar lower for the week. Choice steers: Montreal 28.75 to 29; Toronto 30 to 31; Winnipeg 28 to 28.50; Saskatoon 27 to 28.25; Edmonton 27.25 to 28; Calgary 27.50 to .28.10. Good heifers: Montreal 25 to 25.25; Toronto 27.50 to 28.50; Winnipeg 26.50 to 27.50; Saskatoon 24.25 to 25.75; Edmonton 25.50 to 26.25; Calgary 25.25 to 26.25. Good cows: Montreal 21.50 to 22.76; Toronto 21 to 22; Winnipeg 22 to 23; Saskatoon 21 to 22; Edmonton 20 to 21.50; Calgary 21 to 22.10. Good feeder steers: Toronto 30 to 33; Winnipeg 29 to 33; Saskatoon 27 to 33; Edmonton 26.50 to 34.50; Calgary 27 to 36. Good and choice veal calves: Montreal 40.50 to 44.50; Toronto 31 to 42; Winnipeg 45 to 50; Edmonton 34 to 36. Good lambs: Montreal 26.50 to 29; Toronto 28 to 31; Winnipeg 21 to 22.50; Saskatoon 23 to 23.50; Calgary 22.50 to 23. Grade A hogs: Toronto 27.05 to 29.20; Wumipeg 23.75 to 26.40; Saskatoon 22.90 to 23.55; Edmonton 23.95 to 24.90; Calgary 23.25 to 24.95. IN EDMONTON Stay At The RIVIERA Livestock Market Report Lethbridge Livestock Sales Tuesday to Friday included 961 cattle, 783 calves, 1,285 hogs and 90 lambs. Butcher cattle prices were strong to 50 cents higher in spots. Replacement cattle and stock calves unevenly 1.00-20.00 higher. Cattle market active. Good and choice butcher steers meeting an improved demand, at strong prices. Good and choice butcher heifers strong to 25 higher. Medium and good cows around 50 higher, with odd heifery lands topping 22.00. Bulls steady. Medium and good stocker and feeder steers meeting very good demand, with light stock steers selling 1.0O-2.OO higher. Stock steer and heifer calves. SLAUGHTERS Steers, choice, 26.75 - 27.40; good, 26-26.50; medium 25-26. Heifers, choice, 26-26.60; good 25-25.75; medium 24-25. Cows, good, 21.50-22; medium, 20-21.25; canners and cutters 16-19. Bulls good 21-24.20. REPLACEMENTS Good heavy feeder steers over 900 lbs. 28-28.80. Good light stock steers 700-900 lbs. 29-33.70. Good light stock steers 550-700 lbs. 33.50-35.00. Good feeder heifers 26.50-28.80. Good stock steier calves under 400 lbs. 39-40.25. Good stock steer calves over 400 lbs. 35-38.50. Good stock heifer calvra 32-34.50. HOGS, LAMBS Butcher hogs sold this week FOB Lethbridge 23-24.90 base price. Good lambs 23.50-23.75. Perlich Livestock Weaker Trend Evident DOLLAR VALUE NEW YORK (CP) - Canadian dollar down 1-16 at 97 21-30 in terms of U.S. funds. Pound sterling up 11-64 at $2.38''/8. HAY AGENCIES LTD. APPOINTMENT Bond Prices Supplied by Uoherty Roadhouse and McCuaig Bros. GOVERNMENT OF CANADA BONDS Bid Asked 6 % Apr. 1, '71 99.55 100.30 W4% Sep. 1, '72 95.85 96.60 5^% Oct. 1, '75 91.25 92.25 8 % Jly 1, '73 1CD.75 102.25 AVz% Sept. 1, '83 72.50 74.00 Perp. 3 % Sep. 15 37.75 40.25 GOVERNMENT OF CANADA nUARANHED BONDS Con. Nat. Rlwy. Bid Atlnd 5% May 15, '77 84.75 86.25 53/4% Jan. 1, '85 77.75 80.25 PROVINCIAl Ontario 7 % '88 84.25 86.25 Qnt Hyd 9 % '95 103.50 105.00 New B 9%% '90 104.50 105.75 Nfld 8 % '74 95.25 97.75 N.S. 6%% '92 74.25 76.75 Quebec 7%% '74 94.75 96.25 THE HOTEL WITH MORE TO OFFER For your convenience in making reservations Call Long Distance and ask for ZEnith 0-7255 At no cost to youl IVIERA MOTOB HOTEL 5359 Calgary Trail Edmonton, Alberta Phone: (403) 434-3431 Telex: 037-2610 Alberta m% Man Hyd 9 % Sask 7%% Nfld 9%% AGT 8 % Man Tel 8 % JACK C. HIGGINS Hay Agencies Ltd., College Mall, Lethbridge, Alberto is pleased to announce that Jack Higgins has joined the Residential and Commercial Department as a Sales Consultant. Jack has many friends from his 8 years in Lethbridge in the Automobile and Real Estate Sales, and would ask them, along with anyone that is needing assistance, to I call on him. * ANOTHER CUSTOMER CONVENIENCE AT FORT MACLEOD AUCTION MARKET LTD. REGULAR WEEKLY SALE TUESDAY, OCTOBER 20th FAT CAHLE SELL at 9:30 a.m. STOCKER and FEEDERS SELL at 1:00 p.m. ON OFFER THIS WEEK 750-HEAD-750 There were 1,469 head of livestock sold this week at Perlich] Bros. Auction Market Ltd. Receipts included 828 cattle and 641 hogs. Butcher steers met an improved demand, heifers were steady. The stock calves and feeder cattle met a good local demand at steady prices; Price quotations were as follows: - SLAUGHTER CATTLE: Good to choice steers 27 to 27.60; medium 25 to 26.50; good cows 20.50 to 22.10; medium 18 to 20; canners and cutters 15 to 17.50. Bulls: 22.50 to 23.80; shelly kinds down to 20.75. REPLACEMENT CATTLE: Yearling steers 600 to 750 lbs. 30 to 33.80; steers over 750 lbs. 28.50 to 31; feeder heifers 26 to 28.10. Good steer calves under 400 lbs. 38 to 40.60 sales higher on some lightweights; steer calves over 400 lbs. 36 to 40.50; plain quality steer calves 33 to 36 depending on weight and quality. Good quality heifer calves under 400 lbs. 32 to 35.50 with sales to 37.75 on lightweights; heifer calves over 400 lbs. 28.50 to 33.50; plain quality heifer calves 26 to 28. There was a heavy run of older feeder cows and these sold 16 to 19. Sales on younger cows 19.50 to 23.20. DAIRY CATTLE: 200 to 260; Baby calves 30 to 48. � HUGS: The hog market met an Indifferent demand, prices wea-e lower on all classes. Weaners 8 to 11.75; light weaners 5.50 to 8; light feeders 13 to 20.75; heavy feeders 20.50 to 31; bred gilts and sows 40 to 66. Taber Livestock TABER - Trade was active at the Prau-ie Livestock Ltd. sale this week with all classes meeting reasonable demands. Good cows, steady to 50 cents stronger. Yearling feeder steers 50 cents higher. Steers and heifer calves held steady. Weaner hogs sold under some pressure and were 25 cents per head lower than last week. Good cows - 22 to 23; fair to medium 20.75 bo 21.75, Good yearling feeder steers over 750 lbs. - 31 to 32.50; fan: to medium over 750 lbs. -29.70 to 30.90. Good steer calves under 400 lbs. 39 to 41.25; .over 400 lbs. .35 to 38.76. Good heifer calves - 33 to 34.50; fair to medium 30 to 33. Light weaner hogs - 7.75 to 9.50. By PETER E. LEICHNITZ Canadian Press Staff Writer Canadian stock markets faltered this week after about a month of moderate advance. The Toronto Stock Exchange's industrial index, a broad indicator stock activity slipped 1.27 points during the week, closing at 167.90. The decline interrupted a four-week advance. At New York, the Dow-Jones industrial average of key blue-chip stocks was down 5.34 points to 763.35. Observers said prospects of a long General Motors strike and poor third-quarter profits were SHEETS FOR SHELTER OTTAWA (CP) - Canada will give Pakistan 420,000 corrugated steel sheets woiih about $1.7 mlUion, the Canadian International Development Agency announced here. The sheets will be used to construct shelters in East Pakistan where floods recently affected 10 million people. Soccer Results '90 101.25 102.75 '90 101.50 103.00 '88 86.50 89.00 '90 101.25 102.75 '74 98.00 99..'50 '74 97.75 99.25 INDUSTRIAl Abitibi P m% '87 Alta Gas 6%% '81 B of N.S. 7 % '87 Bell Tel 8 % '77 BA Oil 5Vs% '77 Cdn Brew 5 % '83 CPR 5 % '83 C W N G 5%% '83 Cons Gas 5%% '82 Domtar 6%% T Eaton 7%% GM Ac 7 % Husky Oil 6%% Imp Oil 7%% lAC 7%% lAC 6%% Labatt 5%% Loblaw 5%% Mac B 5%% N C Gas 6%% NW Util 53/4% Shell Oil 5%% Tr D B 6 % Tr D B 7 % Tr C P L 5.85 Tr Fin C 7%% Union Gas 5%% '81 West Tr A 5%% '88 64.75 Weston G 6%% '87 77.75 '87 '87 '86 '87 '84 '87 '81 '78 '88 '88 '77 '87 '87 '87 '87 82.75 81.75 82.75 95.75 81.75 66.75 71.25 68.75 72.75 76.75 83.75 77.75 75.75 84.75 81.75 77.25 72.75 74.75 81.75 72.75 68.75 80.75 73.75 82.75 71.75 80.75 75.75 85.25 84.25 85.25 9fl.25 84.25 69.25 71.25 75.25 79.25 36.25 80.25 87.25 77.25 75.25 71.25 76.25 85.25 74.25 78.25 67.25 30.25 CHAROLAIS CROSS-BRED CALF SALE WEDNESDAY, Oa. 21st at 1 p.m. 1000 - HEAD - 1000 THURSDAY, OQ. 22ncl at 1 p.m. CALF SALE 1250 - HEAD - 1250 TOP QUALITY RANCH STEER AND HEIFER CALVES FOR INFORMATION AND LISTINGS CONTACT: INTERrlATIONAL SALES MANABEMENT FORI MACUOD 'iLEimt ' CANlDt MBDIE90 Plioni4DJ nt niS CONVERTIBLES Cons Gas 5%% '89 87.75 90.25 Dyn Ex 7 % '82 82.75 88.25 Scur Bain 7%% '88 89.75 93.25 Tr C P L 5 % '89 89.75 93,25 West T C 5%% '88 85.75 88.25 West Tr E 53/4% '84 85.75 88.25 ENGLISH LEAGUE Division I Arsenal 4 Everton 0 Blackpool 2 Huddersfield 2 Coventry 2 Notts F 0 Crystal P 3 West Brom 0 Derby 1 Chelsea 2 Ipswich 2 Stoke 0 Leeds 2 Man United 2 Liverpool 2 Burnley 0 Man City 1 Southampton 1 West Ham 2 Tottenham 2 Wolverhampton 3 Newcastle 2 Division II Blackburn 2 Watford 3 Cardiff 2 Leicester 2 Carlisle 1 Middlesbrough 0 Charlton 2 Sheffield W 3 Luton 2 Bolton 0 Oxford 2 MillwaU 3 Portsmouth 0 Norwich 2 Queen's PR 5 Birmingham 2 Sheffield U 3 Orient 1 Sunderland 1 Bristol C 0 Division in Aston Villa 0 Chesterfield 0 Bradford C 0 Wals^ 0 Bristol R 2 Rochdale 2 Bury 1 Wrexham 2 Fulham 1 Barnsley 1 Halifax 1 Preston 0 Mansfield 2 Doncaster 1 Port Vale 4 Swansea 0 Reading 3 Gillingham 2 Rotherham 1 Shrewsbmy 1 Division TV Bournemouth 1 Aldershot 1 Chester 1 Brentford 2 Orewe 1 Workington 0 Darlington 3 Barrow 1 Hartlepools 1 Colchester 2 Lincoln 0 Cambridge 1 Northampton 1 Newport 0 Notts C 2 York 1 Oldham 1 Grimsby 0 Peterborough 5 Stockport 1 Scunthorpe 3 Exeter 0 SCOTTISH LEAGUE Division I Airdrieooians 1 Celtic 3 Clyde 1 Cowdenbeath 3 Dundee 1 Hearts 0 Dunfermline 0 Motherwell 1 Nigemian 4 Ayr 0 Kilmarnock 2 Dundee U 1 Morton 0 Falkirk 0 Rangers 0 Aberdeen 2 St. Johnstone 2 St. Mirren 0 Division H Arbroath 3 Stranraer 1 Berwick 1 Albion 2 Brechin 1 Partick 0 Dumbarton 2 Raith 0 East Fife 2 Clydebank 0 E Stirling 1 Alloa 1 Queen of S 2 Forfar 0 Sterihousemuir 0 Queen's Pk 1 Stirling 0 Montrose 1 IRISH LEAGUE City Cup Ards 4 Crusaders 2 Ballymena 0 Bangor 3 CliftonviHe 0 Glentoran 2 Coleraine 2 Glenavon 1 Distillery 3 Linfield 1 Portadown 1 Derry 2 $170 MilUon Investment Stalled MONTREAL (CP) - The Gazette says about $170 million worth of investment in Quebec province is being delayed because of political unrest linked to the recent terrorist kidnappings of two officials. The newspaper says the largest of three projects being stalled is a $100 million steel fabricating plant near Trois-Ri-vieres, on the St. Lawrence River north of Montreal. It was being financed by European capital. A source in the Quebec industry and commerce department is quoted as saying: "There was going to be an announcement fairly soon. But we have been asked to hold things up for a few weeks." The Gazette says a $50 million investment in the iron ore mining town of Port Cartier, 350 miles northeast of Quebec City, also has been held up. The final delayed investment involves a proposed $20 million plastics plant in the Quebec City area. contributing factors in the decline. Trading was generally light ! throughout the w.eek. At Montreal the composite index dropped 1.34 to 166.08. Golds rose for the thii-d consecutive week, climbing to the highest level since October, 1969. Analysts cite rising prices on world bullion markets as the leading factor behind the strong advance. The Toronto Stock Exchange's gold index jumped 8.33 points to 181.32. In other areas of investment, mining and oil issues eased downward throughout the week. The Toronto stock market's base metal index dropped 1.65 to 97.60. The western oil index fell 6.10 points to 183.78. Average daily volume at the Toronto market was about 2.22 million shares, down from about 2.85 million each day last week. Total volume on the exchange this week was 8.85 million shares, compared with 14.2 million last week. The market was closed, however, on Monday, Thanksgivmg day. Analysts interpret the drop in volume during a declining period as an auspicious sign. It indicates, they say, widespread confidence among investors. Canadian markets were lower for three of the four trading sessions. Shai'pest losses were recorded Tuesday. Thursday, prices closed fractionally higher. Statistically at Toronto, losses outnumbered gains 232 to 218 with 495 issues unchanged. The Montreal and Canadian exchanges combined volume was 4.U million compared with 5.42 million last week. Losses outmunbered gains 195 to 115 with 107' issues im-changed. DIVIDENDS By THE CANADIAN PRESS Peoples Credit Jewellers, common 10 cents: Class A 10 cents; both Nov. 13, record Oct. 30. Melehers Distillers L t d., common 6 cents, Nov. 30, record Nov. 16. H. H. Smith Ltd. Customs Broker EDMONTON 42 -9796 m XINGSGATE 04-424-5458  I I I I 9CALCARV \ 263-80501 \ I \tETHBRIOGf kj^ 328.8141 coum Phono 344-3822 Beef Futures WINNIPEG (CP) - There was light tirade on the Winnipeg live beef futures market Friday with some contracts in March at three points under previous levels. Open High Low Close Nov 28.85 28.858 Jan 29.25N Mar 29.47 29.47 Potato Futures WINNIPEG (OP) - The Maritime potato futures market was inactive Friday with some offers but only one trade. Open High Low Close Nov 2.25N Mar 2.55B Apr 2.65N May 3.08 3.08 PRAIRIE LIVESTOCK LTD. BUSINESS OPPORTUNITY ROBO CAR WASH FOR SALE ONLY ONE OF ITS KIND IN VICTORIA B.C. EXCELLENT RETURN WITH GREAT POTENTIAL REQUIRES INVESTMENT OF $120,000 Apply 756 Hillside Ave., VICTORIA, B.C. DIRECTOR Preventive Social Services $7,200.$9,000 FORT McAAURRAY To carry on established preventive social service program. Duties will include administration of existing Preventive Projects and development and initiation of new projects. Applicant should have experience and skill in community organization, be effective in stimulating and coordinating the interest of others and capable of composing and presenting reports. Applicant must hove interest ' in people as individuals and be able to work v/ith groups. University training in one of the behavioral sciences is advantageous but not essential. Orientation training and on-going consultive service is available to appointee through the Provincial Department and the salary will be commensurate with qualifications. Apply in confidence stating experience, salary requirements and educational, references, qualifications to the SECRETARY-TREASURER Box 118, Fort McMurray, Alberta. SALE EVERY MONDAY AT 1 p.m. Let Us Take the Worry Out of Your Livestock Sales . . . our contacts with professional order buyers, plus your early consignment, means top prices for youl LIST NOW FOR THE BIG FALL RUN SIMMENTAL AND LIMOUSIN FOUNDATION SALE Friday, Oct. 23rd at 1:00 p.m. ON OFFER 50 Head - Vi Bred Simmental, Limousin and Maine Anjop Calves. 350 Good Females Bred to Simmental-Miine-Anjou-Limousin and South Devon ALL COW5 PREGNANCY TESTED AND SAFE IN CALF. ALL CATTLE TESTED AND APPROVED FOR EXPORT THURSDAY,-OCT. 29th AT 1:00 P.M. BRED COW SALE SATURDAY, OCT. 31st AT 1:00 P.M. SPECIAL CALF SALE ALSO EVERY SATURDAY IN NOVEMBER PRAIRIE LIVESTOCK LTD. (FORMERLY HANDLEY-JENSEN LIVESTOCK LTD.) PHONE 223-3921, TABER DAY OR NIGHT Auctioneer: Sales Manager JOHNNY CHARLTON GARY JENSEN Lie. 293 'S HOG SALES TUESDAY-1:00 P.M. WEANER AND FEEDER HOOS BROOD SOWS-BOARS BABY CALVES-DAIRY COWS, ETC, WE ARE ASSEMBLING FAT HOGS MONDAY THRU FRIDAY RON EYRE SHEEP DISPERSION 50 EWE LAMB TUES., OCT. 20th FOLLOWING THE HOG SALE 220 RAMBOULLET AND CORRIEDALE CROSS EWES 5 SUFFOLK RAMS (YOUNG) This is one of the better commercial finrks in southern Alberta and will sell in lots to suit the buyers. SPECIAL CALF SALE WED.' OCT. 21st 1:00 P.M. i700 - HEAD - 700 Including , . . 250 RANCH CALVES FROM MICK BARNETT RANCH List Your Calves Early. As these are specially advertised and promoted sales. REGULAR CATTLE SALES THURS.-l P.M. Stocker - Feeder and Fat Cattle LIVESTOCK INTERNATION LTD. Km FOUNDATION SALE OCT. 24-10:30 a.m. 1020 - HEAD - 1020 COWS AND HEIFERS BRED TO SIMMENTAL AND LIMOUSIN  ALL PREGNANCY TESTED-SAFE IN CALF LUMBER AUCTION TUESDAY, OCT. 27tli Following the Hog Sale 60,000 BOARD FEET 2x4, 2x6, 2x8, 2x10, 4x6, 4x8 6x6, 1x6, 1x8, 1x10 Rough and Planed Various Lengths WESTERN CANADA EXOTIC BREED SPECIAL SALE MONDAY, NOV. 2nd - 1:00 P.M. 500 - HEAD - 500 Cows and heifers A-l bred to Simmental-Limousin_Murray Gray-Black Welsh and Maine Anjou, SALE CONSULTANTS DR. lAVON SUMPTION & ASSOCIATES PRAIRIE ANIMAL BREEDING ENTERPRISES LTD. Phone 328-6228 Make Plans Now For The Marketing Of Your Livestock PERLICH BROS. AUCTION MARKET LTD. Located in the hub of Soufliern Alberta's livestock Industry - 3 miles east of Lethbridge on Highway 3 and a V* mile south. PHONE DAY OR NIGHT 328-3951 BOX 1057, LETHBRIDGE ;