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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 18, 1971, Lethbridge, Alberta Stock prices dip in slow trading TORONTO (CP) Prices In all sectors of the Toronto stock market edged fractionally lower in slow mid-morning trading today. The industrial index was down .23 to 164.71, golds .36 to 146.84, base metals .35 to 75.13 and western oils .21 to 21C.94. Volume by 11 a.m. was down s h a r p 1 y from at the same time Friday. Declines outnumbered ad- vances 97 to 85, with 135 issues unchanged. Banking, steel, pipeline, oil refining and real estate issues were among the market's weak- est sectors. Beverage, food processing, in- dustrial mining, merchandising and utility issues moved frac- tionally higher. Weslcoast Transmission dropped Vi to Rothmans Vt to Canadian Homestead five cents to Canadian Im- perial Bank to and Im- perial Oil to CP Ltd. was off to Dome Mines !-j to i, Ranger V2 to Mclntyre to Placer Vi to and Bethle- hem to By Gene Fawcette EVERYONE KNOWS NEWS- PAPERS COME FROMVWOP, BUT ECOLOGICALLY-MINDED RESEARCHERS HAVE REVERSED THE PROCESS. OLD NEWSPAPER; SHREDDEP AND MIXED WITH PLASTIC WASTE MATERIAL HAVE ALREADY BEEN CON VERTED INTO AM EXPERIMENTAL "WOODEN" CABINET... la nbloln oddnll ID writ, lor lurtnar .nvtlepl 10 NIW! Canada US St. 51. W.. 121. Canodo. Home A was up to Inco VB to Pan Ocean to to Alberta Gas Trunk Vt to BP Oil and Gas 20 cents to and Consumers' Gas to BANKS DOWN MONTREAL (CP) Prices were steady in all sectors on the Montreal stock market today. On index, utilities gained .08 to 144.97 while industrials lost .50 to 171.36, banks .82 to 204.50, the composite .41 to 170.13 and papers were unchanged at 68.72. Combined volume on the Montreal and Canadian stock exchanges by 11 a.m. was shares compared with at the same time Friday. Highlighting gains on the Montreal Stock Exchange, Ca- nadian Viekers was up Vz to and International Utilities Vi to ?37. Among declining issues, Stelco lost to Reit- man's 14 to Imperial Oil ?B to and Massey-Fergu- son ?J to On the Canadian Stock Ex- change, Superpack gained Vz to while R R D Ltd. lost to NO PATTERN NEW YORK (AP) Stock market prices drifted without a pattern in today's slow trading as blue-chip issues scored mod- est gains. The noon Dow Jones average of 30 industrial stocks rose 1.10 to 875.95. Mclntyre Porcupine was down 1 at among Canadian issues, while Massey Ferguson lost to SlOVs and Inco dropped to On the American Exchange, Canadian Javelin picked up 14 to and Brascan added to AWOL six years LONDON (Reuter) An RAF officer who was listed missing and presumed drowned six years ago after his clothes were discovered on a Welsh beach has been arrested and charged with desertion. Terence Poet, 32, was discovered in Hong Kong last month and flown back to Innsworth base in western England. Grain prices Miscellaneous quotations Winnipeg Grain Vancouver, Calgary, Montreal Monday, October It, 1971 THE LETHHIBGI HERALD 13 WINNIPEG prices were steady to fraction- ally higher on a Jair volume of exporter and commission house trading at mid-session on the Winnipeg Gram Exchange to- day. Barley and rye futures were also up slightly on good volume of domestic shipper and com- mission house buying. Other commodities were stea- dy in a moderate trade. Volume of trade Friday was bushels of flax, of rapeseed and of rye. Mid-session Flax: Oct. Vt higher 2.47B; Nov. higher 2.48A; Dec. H-i higher 2.4314B; May higher 2.49. Rapeseed Vancouver: Nov. tt higher Jan. higher March Vs. higher June unchanged 2.7H4B. Rapeseed Thunder Bay: Oct. unchanged Dec. un- changed May Vt high- er 2.71 Vi; July unchanged 2.65B. Oats: Oct. higher 65ViA; Dec. unchanged 65V4A; May Vt higher 67A; July not open. Oct. higher 1.03V4A; Dec. Vt higher May Hi higher l.MA; July not open. Rye: Oct. higher Dec. PA higher 99; May IVi higher 1.05A; July not open- Grain table not available at press time. Free fluoride pills plan considered CALGARY (CP) The Cal- gary Pharmaceutical Society is to consider free distribution of fluoride pills following defeat Wednesday of a plebiscite on fluoridation of the city's water supply. Gordon Hinker, society presi- dent, said he will ask the mem- bers to endorse a letter outlin- ing the suggestion to Health Minister Neil Crawford. The fluoridation question was defeated by voters in 1966 and 1969 and after each rejection the society made the offer, he said, "but never received any reply from the provincial gov- ernment." "All I will ask the society to do is re-affirm the offer. May- be the new government will be more responsive." The pills now are distributed free of charge through city health clinics but some sup- porters of fluoridation say there should be more outlets, such as through drugstores. GAME ROOM PACKAGE ALL THE BUILDING MATERIALS REQUIRED TO BUILD A 12 FT X 20 FT. GAME ROOM FOR THE LOW, LOW PRICE OF .00 249 Package Includes: 0 Construction Grade Framing 9 Polythene Vapour Barrier 9 Construction Grade Strapping 0 Ceiling Tile Fire Retardant White COMPLETE 12x12 Vinyl Asbestos Floor Tile All trim including baseboards and casings Prefinished Wall Panelling Nails, glue, staples CHARGEX OR CRESTLINE BUDGET PLAN NO DOWN PAYMENT WE HAVE CARPENTERS AVAILABLE IF YOU WANT TO HAVE THE WORK DONt FOR YOU. ASK US FOR A FREE ESTIMATE PREFINISHED MAHOGANY PANELLING 4'x8' Sheet. Only 3-29 Sheet CRESTLINE BUILDERS MARKET LTD. "LETHBRIDGE'S INDEPENDENT BUILDING SUPPLY HEADQUARTERS" 123 30th St. N. Phone 327-5444 or 327-5110 (Supplied by Dohcrly. Roadhouse and McCuaig) LAST BID OR SALE a.m. Quotes) WESTERN OILS Alminex Alta Eos) Gai Asamera Ashland O'l B. P. OH, Gas Cdn Southern Cdn Export Gas Cdn Home. Cdn Home Pfd Cdn Ind Gas Cdn Long Is. Cdn Superior Central Del Rio Charter Chleflan Dome Pete Dynamic Pete Great Plains Great Cdn Oil Lochlel Expl. Mill City New Cont. North Cdn Oil Numac Pan Ocean Petrol Pinnacle Place GBS Ponder Ranger Scurry Rain. Spooner Selbens Total Petrol Ulster West Decalla Weslcoast Pete f.15 5-10 10.00 6.15 5.90 3.fiO B.80 16.00 10.00 8.30 32.50 .93 31.00 5.M 1 32 1.83 .64 6.15 11.62V3 11.00 .41 1.30 .50 1.15 .50 H.iO 15.87V) 1.23 6.75 1.66 4.00 11.00 !.DO 3.60 3 a.m. Quotes) Invest Mutual 5.08 l. 55 Hudson Bay Oil 43.25 Hud Bay Oil PId 55.00 Hush. Ri'ssell Husky Oil Husky Oil B 4175 Husky Oil War fi.BO Inter Prov Pipe 11.JO Inter Prov Steel Kaiser Lake Dulai.lt MGF Man. Pacific Pete Sick's Teledyne West Cdn Seed Whitepass 9.mj CALGARY Acroll -55 Barons Oil .05 Madison .10 North Cent. .02 West Warner .31 PIPELINE STOCK', Alta Gas Tr L A 4e.io Alta Gas Tr L Pfd 76.00 Alfa Nat Gas 22.50 Inland Nat Gaas N and C Gas 13.75 N and C B Pfd 28.50 Pacific Gas Tr 12.75 Gaz Metro 5.75 Gaz Metro Pfd A 65.03 Tr Cdn Pipe 33.25 Tr Cdn P Pfd B 42.00 Tr Cdn P Pfd A 62.00 Tr Cdn P War 9.75 WC Trans 24.00 MUTUAL FUNDS a.m. Quotes) Mutual Ac Mutual Gr Nat Res N W Fin 5.58 5.00 5.50 7.22 4.26 4.6B 5.38 5.91 a.OO 4.39 5.33 24.33 16.59 6.77 7.44 Aquataine 2i.65Vj Brrnco 5.00 Cdn Brew A 29.00 Cdn Brew 8 36.00 Pacific Inv. 32.50 Crowsnest Ind. Cygnus A Cygnus B Genstar Home Oil A Home Oil B Hudson Bay Co J.50 5.37W 6.00 11.00 33.25 33.75 17125 All Cdn Com Al Cdn Divid Al Cdn Vent Amr Gr F AGF Special Cdn Invest F Col Mutual Comn Inter Cmnw Lev Corp Invest Corp !n St e.ll 8.66 9.12 9.67 3.71 4.0S 6.00 6.59 2.85 4.41 4.83 i.5B 12.34 13.56 3.21 3.53 5.29 5.25 Dreyfus F U.S. 11.97 12.12 Gr In Shares 3.23 3.55 Gr Equity 5.76 632 Invest Gr F 10.18 11.13 N W Gl Principal Gr Royfund Temp Gr United At Universal Sav VANCOUVER MINES Anuk Arctic Mining Atlas Explor Bath Norse Brenda "J Churchill Copper Croyden Dankoe Dolly Varden Dynasty i Fort Reliance Giant Mascot 4 Granlsle 10 Kamloops Copper Lornex t Lytton Minerals 1 Primer Pyramid Silver Standard 1 Texmonl Trojan Valley Copper WC Res INDUSTRIALS Block Bros 3 B.C. Sugar B.C. Suga Capt Inter Crestbrook F Ind Growers B Key Indust Hys Interior Brew inter Mariner Okanagan Helicop Pacific W Air Stampede Intl Res OILS Albany Oils Plains Pete Western Explor Pfd 6.25 3.70 Toronto mines, industrials (Supplied By Richardson Securities of Canada) LAST BID OR SALE a.m. Quotes) a.m. Quotes} a.m. Quotes) MINES Acme Advocate Asb. AkBifcha Black Bay Bralorne Broulan Bethlehem Brunswick Canada Tung. Cassiar Cenlral Pat. Chlmo Conwest Cons. Rambler Coin Lake Cochenour Craigmont Dickenson Mines Denison Mines Deer Horn D'Eldona Dome Mines Donalds Discovery Mines East Malartic East Sullivan Fa Icon bridge Frofcex First Maritime! Giant Y.K. Bovis Granduc Headway R.L. Hollinger Hudson Bay M-S Hydra Ex. Iron Bay Iso Jollet Quebec Kerr Addison Key Anacort Labrador Lake Shore Langis Silver Madsen R.L. Malartic GF Martin McNeely Maclntyre Met a Mldrlm Intern Mogul New West Horns New Athona New Calumet W. Horse Copper Noranda Northgate 1.7) Norle: .23 16.62Vj 3.00 1.71 18.25 1.63 .97 7.50 1.50 .09 .27 8.05 .78 .22 14.75 22.50 23.50 Opemtska Osisko Patino Pine Point Placer Dev. P.C. Exp. Quebec Man Rayrock Radiore Rio Algom Roman Corp. Shcrritt Gordon Silver Miller Steep Rock Tek Corp. 4.60 Texmont .42 Upper Canada 1.62 Western Mines 2.60 Wright Hargreaves 1.12 Willroy .68 Windfall .09 Yellowknlte Bear 4.65 Zenmac .07 INDUSTRIALS 27.12ft Dom Stores 4.90 Dome Pete .27 Dofasco 7 flO CAB Fd of Amer Gt Cdn Oil Gen Motors Gt Lakes Pp Gulf Oil Cda Greyhound Hawker Sid Huron, Erie Hiram Walk nperial Oil 1.20 .21 13.15' 5.00 12.75 .05 2.01 .50 7.25 1.55 d.50 6.50 3B.DO 18.87V2 2.90 1.10 Abitibi Alcan Aigcma Steel Atco Ind Aflan Suqar Bell Tel Brazil Trac B.C. Tel B.C. Forest B.C. Sugar CAE Ind Cdn Brew Chemcell Col Cellulose Cal Power Coron Credit C.W.N. Gas Cdn Indust Canada S S Cdn Marconi Cdn Vlckers Chrysler CPR Cominco Cons Bath Cons Gas Dist Sea Dom Bridge Domtar Dom Textile 6.25 43.75 17.50 59.00 11.50 17.50 18.00 3.G5 6.00 4. JO 3.00 Int Nickel Int Pipe Inv Gp A Int Utilities Indust Accept Laurentide Kelly Doug A Loeb Loblaw A Metro stores Massey Ferg McMillan Btoe Moore Corp Molsons A Molsons B North, CenT ''1711, Power Corp Price Co Roihmans ST Law Corp Shell CDA Simpson's Simp Sears Steel of Can Selkirk A Texaco Traders Gp A Trans Mtn Pp Union Gas 1.00 nloo 38.25 2.65 9.75 31.00 21.50 19.50 Versatile Mfg West eel Union Car West on's B Woodward's A West Cdn Sd Zenith Elec BANKS Can Imperial S3.00 Montreal 23.00 Nova Scotia 10.00 Royal 17.25 Tor-Dom 13.50 32.25 21.25 70.50 5.00 81.75 13.25 25.00 14.00 2.30 21.00 35.57 Vi 29.62V3 18.25 29.00 6.75 36.S71-2 18.37V3 8.25 5.12V) 3.65 5.25 13.iO 10.25 21.12V2 34.25 13.75 4.70 6.87 1400 19.00 35.00 19.62V) 26.25 22.75 tJ i') 32.00 21.55 33.37ft 44.00 3.40 11.00 13.25 14.75 22.25 4.50 1.65 27.75 15.WA 27.75 26.12' New York stocks (Supplied By Richardson Secnrities of Canada) Amr T and T 43.12Vi Montgomery Ward 30.75 20 Golds 146.70 off .50 Anaconda Chrysler Comsat Dupont GM Gulf Int Harvester 14.00 30. W 56.75 1 52.75 11.75 57.25 27.50 Texas 92.62'A 10 Base Met 75.33 off 15 N.J. 70.50 15 W Oils 216.90 off .25 Volume Wickes Corp 49.75 NEW YORK AVERAGES Woolworth 49.00 30 Indust 875.51 up .65 U ElGE 237'3B TORONTO AVERAGES' is utilities 115.44 off Kenn Copper 27.37ft 20 Indust 164.91 off .03 65 stocks 303.84 oft Thank You! I wish lo express my lincercsl Thanks lo everyone for their kind support during the recent Civic Hospital Board Election. Sincerely Stan Verlindcn BUSINESS SPACE FOR RENT in SPARWOOD, B.C. IN THE NEW Crowsnest Clarion Bldg. Phone 425-7787 er Write Box 66, Sparwood, B.C. Countries grapple Volv" ailto with moncv crisis PARIS (Reuter) Officials from the richest non-Communist countries in the world meet today in an attempt to plan con- crete action for an assault on the international monetary cri- sis. Monetary sources in Paris were cautiously optimistic that some progress would be made on appropriate realignment of currencies to solve the U.S. bal- ance-of-payments deficit. The officials, from finance ministries and central banks of Canada, the United States, Brit- ain, Japan, Sweden, Switzer- land, The Netherlands, France, Italy, West Germany and Bel- gium, hope to obtain removal of the US. 10-per-cent import sur- charge imposed last Aug. 15. The three-day talks, which are to prepare for a meeting of finance ministers of the Group of Ten wealthiest nations in mid-November, are the first lop-level financial gathering since the International Mone- tary Fund annual meeting in Washington at the end of last month. At the IMF meeting, Treasury Secretary John Connally indi- cated that the surcharge might be lifted if other countries gave assurances that they would re- move specific trade barriers and allow their currencies to find Uieir own levels. But monetary sources in Paris said fears of possible 12- cession has led, if anything, to increased tr a d e obstructions and free appreciation of curren- cies against the floating U.S'. dollar. checked Livestock report Lethbridqe Livestock Ilo 43- Good 5lock 3 to 36.50. Hogs base price I 23.35. AFTERNOON SALE Calgary livestock i CALGARY (CP) Receipts on the Calgary livestock mar- ket to 11 a.m., about 700 head; mostly slaughter cattle and re- placement cattle and calves. Trade was active. Slaughter steers were steady with no strictly choice kinds of- fered and overfinished kinds discounted 50 cents to 75 cents; heifers were scarce with no choice kinds offered, cows were mainly medium and canner kinds at steady prices with sales to 23.20; bulls were steady. Good to low choice slaughter steers 30 to 31.20; medium 28.75 to 29.75. Good heifers 28.25 to 29.25, medium 27 to 28. Good cows 22 to 23- medium 21.50 to 21.75, canners and cut- ters 17 to 20.25. Good bulls 23 to 24.50' Replacement cattle were mostly stock calves. All classes of cattle and replacement calves met a good demand at steady prices. Good feeder steers more than 750 pounds 32 to 34.10. Good feeder heifers more than 600 pounds 29 to 32.60. Good feeder cows 20 to 24. Good stock steer calves 38 Hog sale EDMONTON (CP) Prices to 11 a.m. provided by the Al- berta Hog Producers' Market- ing Board today: Edmonton: 23.50 Average Friday 24.34. Red Deer: 23.40. Average Friday 24.51. Calgary: 23.35. Average Friday 24.20. Lethbridge: No sale. Average Friday 24.17. Lloydminster: No sale. Aver- age Friday 23.85- Grande Prairie: No sales to- day or Friday. Total hogs sold 886. Total sold Friday provincial average 24.34. Sows average 13.45. WASHINGTON (AP) Ralph Nader's centre for auto safety says the U.S. transportation de- partment is looking into com- plaints of jammed accelerators on Swedish-built Volvo cars. One Volvo owner told report- ers at a press conference his ac- celerator became jammed open on two different trips while the car was travelling at high speed. He said he escaped a dis- astrous crash each time by heavy application of Uie brakes. Lowell Dodge, director of the j centre for auto safety, and other j consumer advocates met with Volvo officials Friday to discuss points in a Sept. 3 letter from Dodge lo the Volvo organization detailing what he described as numerous owner complaints. At a joint news conference with the Volvo officials after the meeting, Dodge said his group learned for the first time that Volvo quietly has granted some i extensions of its six-month war- ranty, but without general no- tice lo the public. Dodge said warranty exten- i sions were granted in instances I where windows had fallen out, j brakes had been defective, or motors for windshield washers and wipers had failed- Dodge said Volvo should have notified the car owners- rather than merely its dealers, of the warranty extensions so that they would bring vehicles in for free service rather than taking them to other non-Volvo repair stations. Dodge said the centre had asked Volvo to provide it in the future with copies of service bulletins to dealers, particularly those referring to warranty ex- tensions. The Volvo representa- tives said they would consider the request, and would look into the problems involving jammed accelerators and brake failures. NOTICE YMCA SKI CLUB SKI CONDITIONING CLASSES MONDAYS to p.m. WEDNESDAYS to p.m. ALBERT'S MEN'S APPAREL Presents the Tht of THIS SUIT has many Checked pattern is mascu- line and casually elegant. Jacket co-ordinales with several plain matching pants The subtle coloring blends with the newest shirts ALBERT'S MEN'S APPAREL Where Only Albert Fits You We're Open Thursdays and Fridays Until 9 p.m. ;