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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 22, 1970, Lethbridge, Alberta Your I. H. MINES, INDUSTRIALS Supplied by Richardson Securities Canada LASt BID OR SALE a.m. QU I'll) OtwtM) CKnM) INDUSTRIAL! MolSWlt Sullivan .3.50 iDiANOrtn, U.OTi Falconbrldge 145.00 Ablllbl Pp 21.00 FroMx M Alcan Corp 5.50 "First Maritime! Advance Tax System May Be Sham ttu. Ttonartment of Na- utvinee internreti- For instance, the government buiinest cost him as long lional Revenue made its announcement last month to the effect that it proposed to introduce an advance ruling system into the tax law administration, the move was greeted with applause from most quarters. This was to be expected as the government action was ung overdue. An advance ruling system permits a taxpayer to submit a tax officials the details .of a transaction which he proposes to cany out. The government reviews the and then jives a binding ruling as to ffhat will be the tax consequences. In simple cases this means that the taxpayer can now go about his business mowing exactly 'how he'll tare ax-wise. That such a system is essential has long been beyond dispute. The tax law has become io complex and tax officials liave been given such wide discretion as to how to treat taxpayers that it has become almost impossible for the taxpayer's professional adviser to confidently predict the. tax effect of a proposed action. While it must always be regretted when law becomes so vague and ambiguous that its effect is uncertain, nevertheless, short of rewriting the system of major assistance. This writer was among those who had long urged its introduction' and congratulated Ottawa when this announce-ment was made. At the time of the government's decision to begin its tax advisory service, 'we observed that there were apparent defects in the plan as proposed. These Included the fact that the government intended to charge a substantial fee for the service, that the tax rulings would not be made by an independent board of tax law authorities, and that the rulings would ap-ply only to the specific cases presented but would not necessarily be binding or. tlw government in relation to other similar cases. The formal, plan of the Tax Department is DOW being circulated and as its techniques become better, known, its other defects become itself the option to re-five to m a k e advance rulings in a number of key areas. The best example il that dealing with capital gains. Where the tax issue is one that tunu on whether a payment is received as a tax-free capital gam or as taxable income, the Tax Department will likely refuse to give a binding ruling. This is quite unacceptable and unless it is changed the advance ruling plan becomes somewhat hollow. Capital gains disputes dominate the tax field. The trend of court decisions on the subject in recent years has narrowed the concept very considerably and today many transactions are inhibited or abandoned because of the uncertainty over the tax results that flow. If, as part of an estate plan, a father sells his business to his children, he may -realize a. substantial gain over what years ago. One normally tends to think of this as a lifetime capital, gain. In recent years, tax officials have tended to question these transactions and in many instances have suggested that because of the father's business activity, the gain may be taxable. Obviously under, those conditions the father is reluctant to make the transfer to his children. It is difficult to understand why the family should not be automatically entitled to know in advance exactly where they will stand. The same kind of continuing uncertainty will continue to face the parties to a business reorganization. If company A takes over company B and pays the shareholders of company B by Issuing stock or bonds of company A, those sellers must be put into a position where can obtain an advance tax ruling on whether or not the transaction will attract tax. Otherwise they could find themselves taxed but have no liquid assets with which to pay the assessment. Under such circumstances, had they known in advance how the tax authorities would treat them they would have either not engaged hi the transaction, or, at least, done it differently. The same comment applies to another regulation Ottawa has inserted into the advance ruling system. It is that an. advance ruling .may be denied where the transactions "appear to be designed' primarily for the avoidance of tax." This is astonishing: "appear" to whom, the tax authorities? And what is "the avoidance of The act of organizing one's affairs so that he will pay only so much tax as the law requires, and no more, is often referred to as tax avoidance. Are 'advance rulings to be denied to people who want to contribute to a pension plan, or incorporate their businesses, or conduct their business affairs in partnership with their families, and so on, simply because these acts often result in a tax reduction or avoidance? It may well be that these concerns are undue, and that the Revenue Department genuinely intends to implement 'a real, and not illusory, advance tax ruling system. If so, the public will be best served if hat Department immediately clarifies its position and assures the public that in fact rulings will be given in respect of all transactions. If the foregoing concerns are warrnated, then it is a humorless joke to say we are to have an advance ruling system, for the exceptions take out the majority of situations in which advance rulings are required. (Mr. Asper is a Winnipeg StMl 13.00 Price Co 1.00 Glint Y.K T.W Atco Ind 10-50 Rothmans 12.00 Gunnar 1.24 Allan Sugar St Law Corp 19.00 Granduc 7.75 Bell Tel 43.75 Shell CDA Headway R.L. 11.00 Brazil Trac 13.75 Simpson's 16.75 Holllnoer 34.25 B.C. Tel 61.00 Simp Sears 22.00 Hud. Bay M-S 21.00 Burns f.uo Steel of can 23.00 Hydra Ex. .22 B.C. Forest 24.50 Selkirk A ..-11.50 Highland Bell 3.15 B.C. Sugar 15.25 Texaco 24.50 Iron Bay 3.10 CAE Ind 4.65 Traders Op A 8.50 ISO 2.15. Cdn Brew 7.37W Trans Mtn Pp Jollet Quebec -21VS Chemcell 4.30 Trans can Pp 32.00 Kerr Addlson il.OO col Cellulose too Union Gat 14.50 Key Anacoo .33 Cal Power 24.75 Union oil 40.00 Labrador 33.00 Coron Credit 1.25 Versatile Mlg 3.05 Lake Shore 3.55 cw N Gas 11.12'A Westeel 9.75 Leltch 1.88 Cdn Indust 9.42% Union Car 13.00 Langis Silver .09 Canada S S J5.62V4 Weston's t 22.50 Macassa 1.20 Cdn Marconi 3.25 Woodward's A 15.50 Madsen R.L. Cdn VIckers 5.62'A West Cdn Sd 2.70 Malartlc G.F. .75 Chrysler 24.75 Zenith Elec 1.35 Martin McNeely 12.50 CPR 62.50 BANKS Maybrun 24 Comlnco 20.25 r .-n-.... Maclntyre 143.00 Sss IS-iS SltrSi 5 SB? K Dom Bridge 15.75 tfW'1 New Athona .14 Domlar 13.42'A Tor-Dom 19.62K! New calumet v.29 Dom Textile 15.50 MINIS New Imperial 1.85 Dom Stores 10.37'A Acme 08 Noranda 21.00 Dome Pete 46.50 Advocate Asb. 2.15 Northqate 10.00 Fam Play 9.75 Akaltcho 54 Opemlska 11.50 Fd of Amer 52.00 Area Mines 1.95 Oslsko 30V4 Gt Cdn Oil'. 3.85 Belcher Iron ..45 Patlno 30.75 Gen Motors 72.55 Black Bay 07 Pine Point L In Light TORONTO (CP) Prices were lower in light trading today on the Toronto stock market. On index, industrials dropped .56 to 165.54, base metals .49 to 95.69 and western oils 1.47 to 179.57. Golds advanced .33 to 177.98. Volume by 11 a.m. was shares, compared with at the same time Wednesday. Losses outnumbered gams 118 to 77 with 149 issues unchanged. Weakest sectors were beverages, industrial miners and steels. Nine of the exchange's 17 sub-indices were lower. Among losing stocks, Union Oil was down 1 to Husky Oil to Hudson's Bay Oil and Gas to MacMillan Eloedel to Seagrams to Mattagami 1 to and Patino to Lake Dufault dropped to .Sherritt to Campbell .Chibougamau 30 cents to National Pete 20 cents to and Craigmont Vt to Supertest ordinary climbed to Alberta Gas Trunk to Nova Scotia Light and Power to Conwest to and Leitch 16 cents to DOWNWARD TREND MONTREAL (CP) The Montreal stock market lower in all sectors today. Trading was light. Inter Provincial Pipe Lines Ltd., which did not trade, reports net earnings of million or 85 cents a share for the first nine months of this year, up from million or 71 cents in the year-earlier Trade The company said deliveries of crude and natural gas liquids averaged barrels a day compared with barrels in the 1969 period. Highlighting declines, Greal Lakes Paper slumped to 517, Walker Gooderham to Pacific Petroleum Ve to CPR to Distillers-Seagrams to International Nickel to Canadian International Power to Velcro to and MacMillan Bloedel Vt to 24. On index, industrials were down .63 to 168.57, utilities .20 to 138.21, banks .53 to 174.42, the composite index .54 to 163.86 and papers .73 to 85.55. Combined volume on the Montreal and Canadian Stock Exchanges to 11 a.m. wa; shares traded, compared with at the same time Wednesday and at the same time last Thursday. DJA DIPS NEW YORK (AP) Stock prices floated slowly downwan today, with many investors watching from the sidelines. By noon the Dew Jones aver age of 30 industrials had dined 2.94 points to 756.71. Joining the downtrend, Me Intyre Porcupine was off 1% to Walker-Gooderham of to Dome Mines off to International Nickel of to and Alcan down H it On the American Stock Ex change, Scurry Rainbow Oil Molybdenite Canada and Bras-can Ltd. all fell to and respectively. Oil Cda Broulan Hawker Sid 1.90 Bethlehem Huron, 17.25 Brunswick Hiram Walk 41.00 Canada Tun imperial oil 18.75 Casslar Imperial Tub 14.25 Central Pat. nt Nickel 45.00 Chlmo Int Pipe 24.37Vi Conwest Inv Gp A 7.37'A Cons. Ramb Int Utilities 32.62V2 Coin Lake ndust Accept 15.1 Cochenour 5.00 Cralgmont Kelly Doug A 5.1514 Dlckenson 4.BO Danlson 24 P.C. Exp W 15.75 Quebec Man .22V4 4.30 Rayrocfc 1.30 1. 1.17 Radlon 22.7S Rio Alsom 3.05 Roman Corp. 5.60 1.35 Sllverftelds 2.05 1J.7S Shwrltt Gordon la.oo er .77 Silver Miller .07 .is stnp Rock Re Has Gloo By ARNOLD ZEITLIN ISLAMABAD, Pakistan (AP) A dark side is emerging in the Green Revolution. "Miracle" varieties of wheat and rice are boosting production in Asia, but, experts say the greater yields pose problems of surpluses, unemployment and possibly new diseases. A conference here of the UN Food and Agricultural Organization was told the new varieties cost more to grow and my Side taste as good in chapatti, the flat bread that is a staple in'tLe subcontinent. "It would appear as though we are approaching the end of the tunnel and there is a gleam of hope that we might at long last win our battle against hunger and said Pakistan 's agriculture and works secretary, A. K. M. Ahsan, in what sounded like an optimistic statement. "One might wonder if the present achievements should give rise to more than cautious he added. ,'..-Pakistani after Pakistani warned delegates from 20 that all is not bright about the Green Revolution, even though "miracle wheat" has boosted Pakistan's production to more than seven million tons a year from 4% million tons in 1965. CITES PROBLEMS "Pakistan has already Started experiencing some problems arising out of the cultivation of these said Shafi Niaz, agricultural-secretary of the Punjab, the richest wheat-growing area. He said .new varieties require 30 to 50 per cent more water, so farmers cannot cultivate as many acres. 'New varieties do not come up to the standard of Niaz added. "Their chapatti-making quality is poor. "This factor brings a discount of about 30 per cent in toe market price of new varieties compared to conventional varieties. "The new varieties have not been fully 'tested against pests and diseases and' run the risk of being devastated." U.S. scientists already have warned India and Pakistan that a new corn blight is an example of what can happen in planting large acreage with the same kind of grain resistant to only certain diseases, MEANS WORK Growing the new wheat involves harder work but not more laborers. Sartaj Aziz of the Pakistan Planning Commission said higher yields mean less labor is needed per ton of wheat. He quoted survey figures that introduction of farm machines may cut laborers needed to four from eight persons per 100 acres. Ahsan said: "Surplus cereals would create problems of storage, distribution and marketing. Storage of surplus agricultural commodities can be very expensive." He also noted: "We could buy a small tractor 10 years ago with the export earnings from 10 bales of jute. The same tractor today costs us over 35 1.30 Texmont 51 a 34.00 Uoper 1.96 .O7'.i Western Mines 3.75 1.13 Wright Her. A 5.75 Deer Horn Metro Stores 25.50 D'Eldona Massey Ferg 10.00 Dome Mines McMillan Bloe J4.00 Donalda Moore Corp 31.62Vi Discovery Molsoos A 13.00 East Windfall 15 Mlnei 1.30 Yellowknlfe Br. 5.00 c 1.40 Zenmac Vancouver, Ca (Supplied by Doherty, LAST BUD a.m. Quotes) a.r T WESTERN OILS Int Utll FK Almlnex '5.85 Inter Steel Asamera 14.87'A Jeft Lake Benff 12.25 Joutel B. p. Oil 5.15 Kaiser Res Can South 4.10 Kam Kotla Cdn Exp Gas 4.80 Lake ont t Cdn Home 6.85 Newconex. Cdn Ind Gas 10.50 Pac Pete Cdn Long Is .73 Rank Orga Cdn super 3S.2S Selkirk Ho Cent Del Rio 11.00 Shell Inv Chteftan 9.75 Shell Inv P Dynam Pete 1.27 Shell Inv Gt Plains 27.25 sicks Rain Mill city 2.07 West Cdn S New Cont .98 White and North Cdn Oil 6.25 CAL Niimac 7.40 Acroll Permo M Anec Pete Petrol 1.35 Barons Oil Pinnacle 81 North Conf Place 1.34 Plains QUOTATIONS Igary, Montreal RmdDouse and McCuaig) OR SALE n. Quotes) a.m. Quotes) 29.00 105 Ventura S.28 3.58 Mut ACC F 4.74 5.2' 9 87'A Mut Grow F 4.11 jJ-5: 1 25 Mot Income 4.57 5.03 a Nat Resource fi.79 7.42 1 1J N. .W. Fin. 3.55 1 80 N. W. Grow 4.34 4.77 N. W. Equity 4.67 5.13 i7M Principal G 3.S8 3.93 n' -TiSv, Provident Mut ..6.0? Grain Prices Winnipeg Grain WINNIPEG (CP) Active trade in rapeseed on the Winnipeg Grain Exchange today kept prices on buoyant patterns. Flax had light trade with some inter month -spreading and some commercial buying on a scaled down -pattern. .Oats and barley had fairly good domestic shipper buying tor eastern feeders and some fractional strength was shown in all rye futures. Wednesday's volume of trade was bushels of flax of rapeseed and of rye. Export loadings of Canadian wheat Wednesday included bushels to China, to Japan, to Pakistan and to Britain. Prices for Class Two wheat for export to countries outside IGA; 1 Nor 2 1.78ys; 3 4 1.68; 1 Durum 2 3 4 IGA prices: 1 Nor 2 1.7811; 3 4 1.68; 1 Durum 2 3 4 High Low Close Flax Oct 264 266% Nov 263% 261% 261% Dec 245% 243% 244 May 255% 253% 254'A Rapeseed Vancouver NOV 268% 263 268% Jan 266 266 Mar 257 252 257 May 250% 247% 2493A Rapeseed Thunder Bay Oct 266% Dec 240 Apr 248% 247 247% Oats Oct 86 Dec 1100 Re9ent Funlf "f IS U'a) ExpPor M BART Beth Copper 15.75 Bornlte Ridge 54 09 Brothers 3.40 Brenda 950 B.C. Susar 15.25 captain inter 3.20 Churchill Cop Sands Company In Red TORONTO (CP) Great Canadian Oil Sands Ltd. reports losses of for the first nine months of this year, compared with a loss of for the comparable period of 1969. Revenue for the nine-month period was in 1970 and in 1969. Production for the period totalled 9.03 million barrels of synthetic crude this year and 7.36 million barrels last Lethbridge Livestock (Supplied by Canada Department of Agriculture) On offer to 11 a.m. 140 cattle and calves. Receipts about evenly divided between slaughter and replacement cattle. Trade active. Good and choice butcher steers meeting good demand at strong prices. Good and choice butcher heifers fully steady. Cows strong to 50 higher. Medium and good replacement cattle and stock calves meeting good demand at firm rates. Choice steers 27.25 to 27.50; good 26.75 to 27; medium 26 to 27. Good heifers 25.50 to 26.20; medium 24 to 25. Good cows 21 to 2.90; medium 19.50 to 20.50; earners and cutters 16 to 19. Good light stock steers 31 to 33. Good feeder heifers 25 to 27.50. Good stock steer calves over 400 Ibs. 37 to 33.75. Good stock heifer calves 31 to 33. Good stock cows 21 to 24. Butcher hogs sold Thursday f.o.b. Lethbridge 23 to 23.05 base price. Calgary Livestock CALGARY CP) Receipts to 11 a.m., head, mostly good to choice slaughter steers and heifers with a large percentage being steers. Trade was active. Slaughter steers and heifers sold barely steady with over-finished steers and heifers, under pressure, discounted 50 to 75 cents. Cows were mainly medium and canner kinds. Trading on cows was uneven, bulls steady. Choice steers 27.50 fa 28.10 good 26.50 to 27.25, medium 25.50 to 26.25. Choice heifers 26.50 to 28.90, good 25.50 to 26.25, medium 24.50 to 25.25. Good cows 21 to 21.80, medium 19.50 to 20.50, canners and cutters 14 to 18.50. Good bulls 22 to 23.50. Replacements were mostly stock calves of mixed quality and mainly steers within the heavier weight range. Prices on all classes of replacements were generally steady. Good feeder steers under 750 Report 30 to 32, 750 pounds up 27.50 to 29, good stock steer calves under 400 pounds 38 to 42.25, pounds up 35 to 38.75. Goot stock heifer calves 30 to 33.75 few good butcher weigh! calves 30 to 32.75. Hogs base price 23.25 to 23.35 Rain 22.00 Rexdale Spooner 2.34 PIPELIN West Deral 5.40 Alia G T MISCELLANEOUS AIIB 9 .T. INDUSTRIALS Northern C Atco Indus 10.42'A eaz Metro Aqualaine 24.50 Trans Can Brit Nfld Cp 5.00 i S Cdn Hyd Car 14.50 MUTIIA Cdn Inv 23.75 A G F SM CPR Pfd 8.62V4 All Cdn C Crows Nest In 47.00 cdn DIi cvgnus A 4.70 v Cvsnus B American G Cum Prop 11.50 cdn Invest S' .3'8S Colectlve ft Home Oil A 50.00 Common In Horne and Pit 1.95 Common Le Hud Bay Co 14.00 Corp invest Hud Bay oil 40.00 Corp in s Hud Bay oil P Dreytus F C Husky Oil 12.00 Growth Eq Husky Oil B 39.50 Group In Husky Oil War. 6.35 Invest Ore Int Pro Pipe 11.87V4 Invest Vi.. Coronation Credit 1.15 t STOCKS croyden 33 -A 4SOO Dolly Varden 50 L Pfd 72.00 Dynasty 10.37VJ Endako 14.00 tnt Giant Mascot 3.10 5.00 Granlsle 12.25 P 32.00 Key Industries 35 P Pfd 59.50 Growers B 5.95 P War 11.12V4 Hy's 2.BS Trans 21.00 mler Brew 4.75 c 4.85 Jericho .OSVa SUNOS Kamiops Copper .17 lal J.18 Lornex 6.65 om 7.28 Lytton Minerals 2.0 7.68 8.39 Madrona 32 ent 3.31 New Cronln 08 F 4.50 4.94 New Imperial M 1.83 F 4.19 4.57 okanosan Hellcop 3.15 5.32 5.84 Primer 22 ter 11.41 12.50 Pyramid 60 v 2.90 3.18 Sllve Standard 1.3B 4.H 5.42 T. C. Explora .36 F 4.42 4.83 Texmont .52 1.3. 10.48 Trojan 34 Jlty 5.6S Western Mines 3.75 3.06 3.37 Westcoast Res Issued For Return Of Sweaters REGINA (CP) Equipmen manager Dale Laird has issued a plea for the return of five Saskatchewan Rough riders sweaters, taken from a clote line at his home in northwes Regina. The white sweaters, worn when Ihe Western Football Con ference leaders play games away from home and bearing numbers of players, apparently were taken by a souvenir-hunt ing fan. The players wear green sweaters for home games. The Roughriders still have one regular-season away game to play, in Vancouver Nov 1 with playoffs to follow, and the club said it's too late in the season to get new sweaters made. The players whose sweaters have been snatched safety Bruce Bennett, linebacker Chuck Kyle, flanker Gordon Barwell and lineman Ken Frith and Bruce Gainer. School Is Still Faced With Problems EDMONTON (CP) Some1 problems which led to a school boycott in September at Frog Lake, 165 siiles east of Edmonton, have- been solved but others remain unanswered, a spokesman for the Alberta Indian Association said here. Demands for better water have been met but problems concerning more native participation in decision making and improved social programs remain unanswered, the spokesman said. Parents on the Frog Lake Reserve kept their children out of school for about a week in September to back demands for better housing, water and sewer services and improved social development programs. They boycotted two federal schools on the reserve and an integrated school at Heinsberg, a nearby community. The spokesman said parents indicated satisfaction with wells drilled by the Federal Indian Affairs YOR Supplied by Richardso Amr T and T Mont Ward Anaconda 2'A Scars Bth Steel Sid OH N Chrysler 2150 Texas Gulf Comsat 43.371A Texas STOCKS n, Securities of Canada 27.12'A 20 Golds 178.75 up" 1.10 rt.B7'A 10 Base M 95.59 off .95 J 15 West Oil 178.59 Off 2.45 Volume YORK AVERAGES 33.621430 Indust 757.3? off 2.26 e El 63.50 20 Rails 150.65 oif .40 Utilities 106.44 off .44 AVERAGES 65 Stocks 243.12 off .75 65.18 off .95 Volume Eyes FORT MACLEOD (Spe c i a 1) Mountain View Lodge ICOF 4, and Mountain View Kebekah Lodge 23 sponsored a successful four-day eye screening clinic at Cardston, St. Marys and Magrath recently. Some 290 children under school age were tested for Amblopia (lazy eyes) and other defects. Jim Shaw, chairman of the eye bank committee of Calgary was assisted by Rebekahs Mrs. D. Macintosh, Mrs. T. Conner, Mrs. B. Morden, Mrs. R. Chester, and Oddfellows G. Barr, and B. Motors 71.37'A Westlnshous Gulf 29.12'A U.S. Steel Int Harvester 24.12Va TORONTO Kenn Coper 38.37'A 20 May L On Pressing f EDMONTON (CP) Management and to Jim Clarke, are the most .pressing farm economic problems in Alberta. However, Mr. Clarke, 53, who recently became economics director in the provincial agriculture department, wants to get "grass-roots opinions." So he is visiting "the boys in the fields" to find out what these rural-based economists think the major problems are. Mr. Clarke, a farmhand for several years, a prairie school teacher in the 1930 Depression years and a former RCAF pilot, has an impressive list of achievements in the agricultural field: President of the Winnipeg Grain Exchange from 1961 to 1966 when he resigned; the first vocational agriculture course for adults in Western Canada; the agricultural section of one of the first Western Canadian economic consulting firms; H e a d e d a farm income study in 'Ontario; chief of a irrigation project in Iraq and compiled a study for the United Nations to get the project's productivity increased. After he was graduated from the University of Sought arm Problems in 1948 with a degree in farm management after a war-interrupted c o K e g e career, Mr. Clarke began with the federal agriculture department as an agricultural economist. Then he earned a master's degree in agricultural economics at the University of Saskatchewan, taking a year on tie doctor's program in economics at Iowa State College. "This experienced the United States gave me an insight into what could be done to help farmers in a farm management Mr. Clarke said. Install Knights NATAL, B.C. (HNS) A joint installation of officers of Natal Father Anthony OMI and Fernia councils of the Knights of Columbus was held at Fernie recently. Installed from Father Anthony and Fernie councils were: grand knight, Bruno Bev-ilacqua and Maurice O'Rourke; deputy grand knight, Abbie Desjardins and Joseph Gigliot-ti'; chancellor, Tony Melon and Albert Oarrigan; financial-secretary, Silvio Fornasier and Mike Jly 86 Barley Oct 128 127% 128 Dec 127% 126% 127% May 128 127% 128 Jly 127% Rye Oct 102 102% Dec 105% 1037A 10514 May 112% 112% 112% Jly Hog Prices EDMONTON (CP) Prices a 11 a.m. today supplied by :he Alberta Hog Producers Marketing Board: Edmonton: Quoted 23.30 to 23.55, selling 23.40, Wednesday average 23.49. Red Deer: Quoted 23.25, selling 23.25, Wednesdav average 23.55. Calgary: Quoted 23.25 to 23.35, selling 23.25, Wednesday average 23.4. Lethbridge: Quoted 23.00 to 23.05, selling 23.00, Wednesday average 23.00. Lloydminster: NV) sales Wednesday average 23.05. Grande Prairie: No sales, Wednesday average 23.00. Sows at all points 14.38. Total hogs sold to 11 a.m., 1.414. Total hogs sold Wednesday Provincial average Players COALDALE (HNS) The Coaldale Kinsmen Club has agreed to sponsor the busing of midget hockey players to Futures WINNIPEG (CP) Trade was moderately good Wednesday on the Winnipeg bee! futures market. Contracts were executed in the November futures at prices 30 points over previous close level. Open High Low Close Nov 29.00 29.00B Jan 29.25N Mar 29.50N THAINS COLLIDE MEXICO CITY (AP) Nine persons were killed and 32 were injured in a head-on crash of a passenger train and a freight, in a northern Mexico railway station Tuesday night. Futures WINNIPEG (CP) The Maritime potato futures market Wednesday had a thin trade, with offers in the March and Anril futures at prices three to five cents over previous close, but no trades. Open High Low Close Nov 2.25N Mar 2.57N Apr 2.65N May for the 1970-71 season. The midget hockey program is conducted by tire southern county of Lethbridge regional recreation Pin WARNER (HNS) Mrs. Till man (Bernice) Thompson, past honored royal lady, was presented with her 25-year pin at the recent meeting of the Order of the Royal Purple at Warner. The presentation was made by her mother, Mrs. Anna Movold of Lethbridge. A corsage was also presented from the lodge by Mrs. John (Ann) Bolokoski, honored royal War Measures CRANBROOK (Special) -Royal Canadian Legion East Kootenay Eone semi-annual session here at the week-end unanimously approved the Friday emergency invocation of the War Measures Act and so informed Prime Minister Tru-deau by telegram. WEEKEND SPECIAL ONLY if II Friday at 12 noon A fAD unfit noon Mon. PLUS lie A MILE Beny Automotive Enterprises Ltd. Contact Boris Koroshenkov, Rep., Avii Hint a Car 2nd Ave. and 8th St. S. Phono ACCOUNTING AND MANAGEMENT LTD. Data Processing Services 507 CANADA TRUST BLDG. TELEPHONE Set COALDALE, (HNS) Men's broomball play is being offered by the southern county of Leth-bridge regional recreation board for all men t. the area of 18 years of age and over. Men interested may register at the Coaldale recreation office at Box 869, Coaldale, phone Turkey BELLEVUE (CNP Mr. and Mrs. Matt Elliott of Bcllevue will be leaving the 'Pass in the near future for Turkey where Mr. Elliott is employed by an oil company. Their daughter will attend school in Switzerland while they are away for two CLASSES AUTO HOME AvVs' INSURANCE BUSINESS FARM I ;