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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 23, 1972, Lethbridge, Alberta Stock prices up in light trade TORONTO (CP1 Prices on the Toronto stock market moved higher in light mid- morning trading today. The industrial index, consid- ered a major indicator of mar- ket trend, was up 1.53 lo 20J.55 and western oils 1.48 to 250.70. Golds, however, slipped .02 lo 184-29 and base metals .10 lu Volume by 11 a.m. was 000 shares compared 000 by the same time Friday. Communication, paper and forest, oil refining and indus- trial mine were among sectors of the market registenng in- creases while real estate utility were down slightly. Advances more than doubled declines, 152 to 67, while 145 is- sues remained unchanged. Falconbridge Nickel gained to 59, MICC Investments US to 26'A, 1 to Imperial Oil to 42a'i anil Du Pont to 20. Toronto Dominion declined to Libcrian Iron rose :fs to i: Bethlehem Copper lo 1C and Stwrrilt Gordon U to 15. Nu mac Oil was up 1'fe to 21 and Sunningdalc .40 lo 17.70, Teck Corp. A declined .35 t change index of more than 1 common stocks was up 60.32 at noon, while tl price-change index on th American Stock Exchange wa ahead .11 at 25.33. By Gene Fawcette SUPfff TUBE A BfltGHIIR FLUORESCENT LAMP-UP TO flTWlESjWpRE LIGKT PER LINEAR FOOT- W1LL SOON BE AVAILABLE, ITISREALLYATUBEWHHIN A TUBE. 6MKG IT 3 PHOSPHOR- COATED SURFACES IMSTEAD OF ONE INTHE STANDARD SINGLE Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Uahcrty, McCunig Limited) LAST HID OK SALE B.m. Quotes) WESTERN OILS 405 Easl Gos p.m. (JuolfM a.m. Quotes! (ugh Russell Or Equily B.ll lusky Oil IS.liVi Invest Gr F invcil Mutual ,snrr !p O.I Gas an Sculli ;dn Cx Gas :dn !dn Ind Gas Oil Cdn Super Long Is Charier Chid'an ome Pete _l Cdn Oil LccMcl Jorlh Cdn Oil JurriHc ancdn Pelo Pan Ocean Innatle 'lace Gas 'order Ulsi-r VJ. Uecalta l Pelt Cdn Brew A _ i Brew B Cdn Pacific Inv Crowanesl Ind Cygnlis A Cygnus B Falcon Copper Home A Home B Kud Bay Co Hud Bay Oil Hud Uay Pld U Musky Oil Vr'ar 13 tlVi Inler Prov Pipe Inlcr Prov 7.E5 3.M MGF: Manage 11.25 Pacific pele Rainier .33 SandA'Cll Te-lcdyne Vfcst Cdn Seed Whife 1? IS 13.10 2.55 3J.OO Ac Gr F 13.13 1326 i 61 4.33 600 TJ CtJn 4.15 N VI Gr Principal Gr Roy lima Temp Gr United Ac Universal Sav Vanguard 5.13 7.76 7.93 5.79 i.S? 6.14 4.J7 514 i.E3 7.11 7.90 B.43 5.43 5.P7 8.75 B7fl 31.50 a.30 l.BJ M l.PS 43 M .31 CALGARY Acroll Barorti Oil Cert Wesl Wadner PIPE LINE STOCKS Alia Gas A 15 51 Alia Gas PreT 70.03 AUa Mai Gas I'D oQ Inland Net Gas N and C Gas N and C B Ffd Pacific Alias Explcr Oalh Ncnc Brerda CnijrchUI Copper CroydLd Davcnpcrh 13.75 Ga. tio G.'.i Mclft Trans Cdo Pipe Trans Cda D Trans CcTa A Cda Trans Trans Wls Perl Reliance Giant Mascot Gra'slc Lyllon M'mcrols Primer ........._ "Sl-W Silver Standard Texiront 72.3 JVa Valley Copncr I 50 INDUSTRIAL MUTUAL FUNDS BIccV; Brcs Ciln Com fl.19 E.9S B.C. Si-gar Divld 3.T6 9.77 DC. Sugar Pfd i.ll A.H Capl Inter 6.71 6.B3 C (uinbia Brew 3.7a For Ind iCi 5.55 Livestock report Macleod Livestock FORT MACLEOD There were head of calllc and calves sold al Fort Macleod Auction Market last week, In- cluding 870 yearlings Tuesday, AH Al AH CUn Vcnl Amr Gr F AGH Special Cdn Irweil Wul 3? SO 23.35 26 .'3 4.25 612' 11.25 15.25 31 00 Ccrp In St F 3.25 3.2i 3.W Cmnvj Cinrw Inlcr Utv 77 IS.'ij peciflc Wesl Air V 3 VO Stampede Inll Res j-a 5.13 5.E3 Albany Oil prices EDMONTON (CP) Weekly egg and poultry report issued by the federal agriculture de- partment: Eggs: To producers: A large 45; A medium 42; A small 24; B B25; C 6; cracks 8. To retail- ers: A large 57; A medium 54; A small 3C to 37; B 41; cracks 29. (two cents extra in To consumers (in A large 03-05; A medium 60-61; A small 41-45; cracks 49. Poultry: To producers: Live No. 1 chicken broilers, 23; 6 and over, 27; 5 and under C, 23; under 4, 4-6; turkey under 12, 2714; 12 to 18, over ID, 26V4. Live No. 2 chicken broilers, 19; G and over, 23; 5 and under 6, 20. Turkey un- der 12, 24V4; 12 to IS, 25 over 18, 24i4. Dreyfus F U.S. 13.56 13.74 Plains Gr In Shares V? Explor Toronto mines, industrials (Supplied By Richardson Srcnrilies of Canada) LAST BID OR SALE a.m. Quoles) MINES Acme Advocdle Alb. AKailcho ilralcrne .37 Osisho Pine Poinl Placer C v. P.C. Lxp. 2.C5 .07 l.CS Farmer loaus show increase OTTAWA (CP) Farmers borrowed S27.7 million more from tlic Farm Credit Co "p. from April to SeplQmher this year than they did during the same months last year, the feri- e ral agriculture department seid here. Tiic cQ-poratinn apjyovcd loDR-lerm mortgage loans during Ihis year's period, worth million, compared with loans ?Bfi.6 million during Lhe 1971 period. The announcement quoted Agricullore Minisler H. A, 01- ECJII as saying the increased ho' is due lo more op- timism by farmers concerning Iheir economic future. Ctfn. N.W. Land C..inad3 Tung- Cdiiidr Cenlral Pal. Chirvno Corwtil Cons. Ramblrr Coin LeVe Dickenson Den'son Mines Horn D'Eldona Darne Wines Donalda Disccvery Mine Lfasi Mdlarlic EJM Sullivdn Falconbriclge First Marilirnes Gian) Y.K. Headway R-L. HolHnger Mut'scn A1-S Hydra Ex. Iron Day 150 JclicF Quebec Kerr Adtlison Key Anacon Lake Shore Langis Silver Naasen R.L- Melarlic G F. Martin h'.cNeely Maclnlyre ME I a 13.l2Va Silver 6.10 J.1S 37.JO Tck Ccrp Texmcnt Upper Canard 1 i VVcslcrn W.ines 1 V.'riqhl Hadgreaves 1 Windfall Ycllo.vknilc Bear 3 Zenmac INDUSTRIALS Fcrd of Arn Grt Cdn Oil Gzn A'n.'crs Grt Pr GUT Oil Cda Ir.v Grp A Int iJI.I Ir.d AcCCpl 1 ai'rcnllde K.'lly Dwg A Alt Steel Ind rim inltrn Nu v.'csl Homei New AlPana Calumet Nor an da Norlhgala Hortex .10 .14 11.SO PCD Atlantic sugar Agra ind Bell Ttl Brazil Trac B.C. fel Burns B.C. ForftsT B.C. Sugar Bcw Val Ind i CAE Ind Clicmcell i Col Cell calrjary Power Corcn Credit C.W.M. Gas P CrJn, Ind Cdn Vichers r.hryrjer C.P.R. Cominco Cons Bath 13.37V? McftMlldi 11.7S C 5. SO Tl.W 15 CO 75.50 14.7S B Norlh a. Cenf PGVfed Corp Price Ca SI, LdvJ Ccrp Shell CDA SIrTipSCn'5 Simp Sefirs SlccL (if Cdd Selkirk A TGXE.CO Traders Grp A. Win Pp Trans Cda Pp Unicn Gas '3 Union Versatile tf.lg i Dam Brides er Dom Dom Stores Donr.e Pete Zcnl Cdn 7B.DO 10 DO 21.CO 14.621'; 3] 50 JS 35- 2J.75 CO 12.15 13.7J 27.C) 35.53 J.75 14 SO 51.35 2T.15 5.75 3.05 Oil company petitions govt. EDMONTON (CP) Grea Canadian Oil Sands has peLi Uoncd Ihe Alberta governmen for labor legislation that wouk limit an allempt by the Oi Chemical and ALoinic Worker (o organize employees ot For McMurray. The company sought amenc ments lo the Alberta Ac because tho large intcrnaliona union has attempted wilhou success seven times in 41, years to organize about GO employees currently reprcsen ed by the McMurray Indepen dent Oil Workers. DIVIDENDS By THE CANADIAN PRESS Canadian Western Nalura Gas Co. Mil., 4-pcr-cent pfd. 2 cents; e n t pfd. cents, both Dec, 1, record No1 15. Imperial Life Assurance Co of Canada, 70 cents, Jan. 1 record Dec. 7. People's Credit Jeweller Ltd., cents, Class A, 71 cents; both payable Nov. 1 record Oct. 31. Dollar value MONTREAL (CP) U.S. dollar in lerms oi Canadian funds Tit no en today unchanged at 7-32, Pound sterling down at NEW YORK (CP) Cana- dian dollar at noon today down at 27-32 in terms [J.K. funds. Pound sterling up 15-H at Put your money to work in Canada. And earn up to .The Canada Savings Bonds arc oh sale in denominations ranging Irom S50 to And they oiler an average annual yiold o( 7.30% il held lo maturity in Thai's a hignly compelilive interest rale on your savings dollars. And you have Ihe Ireodom ID cash in your bonds anytime You'll always get what you paid plus any interesl due. Cut i( you do hold your Canada Savings Bonds unlil maturily, you will more lhan double your money. And you'll have security. Canada Savings Bonds are backed by the resources ol our country. If you'd like lo put your money to work in Canada and lor Canada, huy Canada Savings Bonds. Just drop inlo our ollice or telephone us. We'll be glad to help. Merrill Lynch, Royal Securities Limited 480-Sevenlh Avenue S.W. Calgary 2, Alberta 265-7240 Merrill Lynch, Royal Securities: We're bullish on Canada. Merrill LyncTi, Limited, Ca'gary, CharloIlfclOAP. SainlJohn, SI. John's, Toronl'o. Vancouver. Vicloria. Winnipeg. New York stocks (Supplied By Richardson Sccnrilics of Canada) Amr T and T Sears Ke Do ?5 lef.2fi olf .4! Amcvnla Sid of NJ. 10 Base V-el ES.ifl rff .15 Bttn Sleel 3775 lexis Guir IS West Oils 3il.Z5 up 3.0 Chrysler 21.53 lexas Co 36 7i Volume V-B., ..ypBerp. iHEW YORK AVERAGE ICO calllo Wednesday and Ivcs. Slaughter slcers ami lieitcrs ere 50 cents lo 75 cents r. Cows, hulls and all classes stockers and feeders mcL an elive trade, Low choice to choice steers 1.80 lo 33.70; low choice (o ]oicc 31.CO lo 32.50; (iood cows .50 lo 2C.50; medium cows 1.50 lo 24.50; canncrs and cul- irs 17.75 to 21.50. Good bulls 27.00 lo 2S.75; me- ,um hulls 23.50 lo 25.50. Short keep fcccier steers 3J.M i 3G.10; Rood grass steers (800 I 930 pounds) 3S.75 lo 33.10; i50 lo 730 pounds) 39.80 lo 2.80; medium (C50 to 780 ounds) 30.20 to 39.00. Good (coder heifers (420 lo 40 pounds) 37.00 lo 33.10; (700 730 pounds) 30.00 lo 30.10; 70 to 835 pounds) M.JO lo 1.GO. Top qualily Hereford an u s calves in he same weight range will hesc calves selling around )CT under. Good heavy calves, weighing over 500 Ibs. brousht M6.50 lo ?50.50. Good heiler calves, 375 to 475 Founds, Ml to Mc- Monday, Oclober 73, 1972 THE U7HBRIDGE HtRAlD 15 Precedent-setting mine pact signed EDMONTON (CI'l Coal jroduclion at Mclrityrc-I'orcu- jinc's Grande Cache, mine re- sumed Monday as mind's rc- lo work under what was called a "prc-dcdenl-sclling11 safely agreement. Officials of Mclntyre-Porcu- pine, United Steelworkers of America Local 7G21, and Ihe Board of Industrial Relations worked through the weekend to settle the dispute which lie- gan Ocl. 12 after a mine was suspended for shorling a ser- vice vehicle battery. DISPUTE HAI.LONS Company officials had sus- pended the man under provi- sions of Ihc Coal Mines Act. The union responded by listing cases in which they said the Hog prices EDMONTON (CP) Aver- age prices lo 11 a.m. provided by the Albirla Hog Producers Marketing Board: Edmonton: 26.25, average Friday, 36.58. Red Deer: 30.10, average Friday, 33.03. average company was breaking the act's safely requirements. The dispute, wluch initially involved about lOOmen in one of the company's mines, ballooned in- to complete shutdown ol under- ground operations. The sic-point agreement re- quires Ihe company to improve some o! its safety standards. There also a three- n hoard of government-ap- oinled arbitrators lo handle ulurc safety disputes. The board, known to be the rsl of its kind in AJberla and wssibly Ihe only one Canada, as the power of final, binding arbitration. Watntyre-Porcupine employs liout COO men, including under- round, strip and processing niners. The Grande Cache .inc is 230 inilcs west of Ed- monton. Calgary: 36.05, Friday, nil. Lloydminsler: average tiium quality and heavy hellers, Iprjday nj] to 540. I'-cirt'Macleod: Nil, average Friday Calgary livestock CALGARY (CP) Light re- ceipts lo 11 a.m. today on the Calgary livcslock market of about 400 head, mainly slaugh- ter steers and stork calves. Trade was aclivc. Slaughter steers sold at strong prices, quality and con- dilEon considered. All grades oi cows sold at strong prices. Few bulls sold at steady prices. Good to low choice steers ?A lo 34.20, medium 32 (o 33. Good cows 25.75 to 27, with younger kinds higher, medium 23.50' lo 25.75, canncrs and cutters 19 to 23. Good bulls 27 to 2S.40. Replacement caUle were mainly stock calves of medium quality, selling at generally steady prices. Good stock steer calves 43 to good stock heifer calves HG to 40.50. Hogs average base price 36.05. nil. Fnirview: Nil, average Fri' day, nil. Total hogs sold soira sold Friday ,c 3G.59. Tola' aver any clarifies reports EDMONTON (CP) Impor ial Oil Ltd. has clarified re ports on Mackenzie delt exploratory wells. The company termed the Ivi J-2S "an oil discovery. Earlier, it had repoiictl oil a th; well. A second well, Imperial Ma Ilk A-06. is evaluated as a dr> liole. s.iirl. the company. Philippine uprising put down MANILA. (AP) Philippine :roops put an uprising on .he southern island of Mind- anao Sunday as the Japanese ambassador manoeuvred to avoid capture by guerrillas dur- ng the nuinrng gun bailie at a. ur.ivcrsily. The (roops killed 13 insur- cnls and the military stockade in is "full" of suspects, information Secretary Fran- cisco Tatad said Sunday. Nine soldiers wore killed and one was missing in Ihe 36 hours liphling 500 miles south of Ma- nila, he added. He said about 4DO well armed insurgents were involved. It was the lifth and largest such clash on Mindanao since. President Ferdinand Marcos declared martial law Sept, 22, Tatad said. Tatad said the insurgents could have been put down sooner bul the Iroops held back until Ambassador Toshio Urabp, who was visiting tha university, was out of the area. Comsal Duponl GM Gulf Ifif Kern Copper 40.00 Corp 3! 17035 Woal'.vorlh 75 U.S. Sleel >B.621.3 2435 Gen Tel tier 37.75 33 87Vi 1ORONTO AVERAGES 2B R5ils 313 el up 1.59 IS Utilities 11J.D7 up .92 ts Slccki 307.05 up 2.77 Ward 23.50 20 Indust up 1.33 Volume Grain price review Winnipeq Grain WINNIPEG (CP) Ilapc- sccd prices were firm in a light volume of exporter buying at mid-session on Ihe Winnipeg iommodilies Exchange loday. Flax prices fluctuated frac- ionaMy on a local and conimis- .ion house trade, oats and bar- cy remained steady on domes- shipper buying and rye de- clined fractionally. Friday's volume of trade was bushels of flax, GOO of rapesccd and ot rye. Mid-session prices: Flax: Oct. unchanged 3.61A; ov. higher Dec. lower 3.19'sll; May li lower liapeseed Vancouver: Nov. higher Jan. 1 high- er 2.64, March 1 higher 2.75; June V> hiRher Ropeseed Thunder Bay: Oct. unchanged Nov. and Dec. not open; May ?j higher 2.62'.sA. Oats: Oct. unchanged M'.iA; Dec. 'i lower BOieD; May and July not open. Barley: Oct. unchanged 1.2-1A; Dec. 'i lower 1.23Ts; May lower July nol open. Hyc: Ocl. unchanged Dec. lower 1.23'iA; May >i lower .Inly nol open. Can't leave without paying lax MOSCOW (AP) Soviet sources disclosed today thai an- other 60 Jewish families have heen told they can leave Ihe So- viet Union without paying (he; controversial diploma tax. Thai brought lo 1311 Ihe mim- of Jewish families for whom the lax has been waived since tlie middle of the week. There was no word on whether Ihe secret decree im- posing the lax Aug. 3 lias liccn rescinded or allowed lo lapse. Tiie official explanation for Ihe head (ax is that emigrants wilh higher schooling got (heir education at Die expense of Uio slate, and should repay il. Marcos sigiivS sweeping new land decree MAMLA (AP) President FcrdJn-ud Af-ircos sigrcd a sv.'Gopinp reform decree (odav, prnvidinfj Icnanls fnmilv pic's and ro- striclions on h.ovi' iniicli land Cnn velain. In -T spncch broadcast on ra- dio and television, Marcos rio crcofl the "emancipation of Ibe tenants from Ilic hund-ipc of Ihe find lo them Ihc or tlic land ihcy till." If the private Kcclor doesn't slwr support within tlic week, he added, "I will order immcdialcly the incarceration of IhoFc nrc tnkinp ntlvan- (nco of ll'.a small framcrs." Kffcc'live immedialoly, IIP s.iid, IcnniU is entitled lo a 12-ncre family plot. Landowners' may retain only 17 acres of thoir land, "and only on condition that they themselves till it or will now till or cullivMc he said. Tlic tenant taking over land will pay landowner the ronl lie is entitled lo under lease for 15 years. Paynienl will ho punr- anlced by and Uio fiovcrnnicnt, he saJi Wrong numbers aren't funny. In (act, they can be a pain. Like when you're in Ihe tub, and Ihe phone rings. So you run to answer it. On the way, your feel become intimately acquainted with your golf clubs, Bul somehow you make il to the phone. You pick it up, and it's a wrong number! That really hurls! So don't you be a pain to others. Befora you dial, check Ihe number in your tele- phone directory and jot it down. Before the phone comes off Ihe hook N TTHE SS ;