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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 28, 1970, Lethbridge, Alberta II, If70 TNI IETHMIDOI HtRAlD Steady Market Drop Continues TORONTO (CP) Prices on the Toronto stock market dropped fractionally lower for Ihe eighth consecutive session in light trading today. On index, industrials lost .07 to 163.31, golds 2.53 to 188.20, base metals .38 to 94.54 and western oils .34 to 174.87. Volume at 11 a.m. was shares, compared with at the same time Tuesday. Ten of the exchange's 17 sub- indexes were lower. Beverages and chemicals made fractional advances. Economic Investors Trust fell 1 to Great West Life to CPR Vz to and Hol- land 25 cents to Bethle- hem was down Vt to Ranger to Alcan to Inco Vi to and Sea- grams V4 to Headers Digest rose to Walker Gooderham to Sherritt to and Bell Canada Vt to ALL SECTORS UP MONTREAL (CP) The Montreal stock market moved lower in all sectors except in- dustrials on a Mgh volume of trading today. Royal Bank dropped to Bank of Commerce to Bank of Montreal Vt: to Cominco to Trans- Mountain Pipe Lines to and Distillers-Seagrams Vt to Denison Mines gained to Headers Digest to Walker-Gooderham to Moore Corp. Vt to and Aquitaine Vi to On index, industrials gained .03 to 166.55 while utilities fell .32 to 136 58, banks .81 to 170.68, pa- pers .14. to 83.65 and the com- posite index .13 to 161.74. Combined volume on the Montreal and Canadian Stock Exchanges to 11 a.m. was 1.061 million shares. PRICES LOWER NEW YORK (AP) Doubts about the economy, and, any early settlement of the General Motors strike continued to weigh heavily upon Wall Streel today as investors preparec themselves for more bad news Prices sagged lower in moder- ate trading. At noon, the Dow Jones aver- ge 30 Industrial stocks fell .63 points to 750.82. Declines led advances on the New York Stock Exchange by 2 o 1. At noon the Associated Press 60-stock average dropped .5 points to 256.7. Prices included American Re- search and Development off 2Va at Signal Co., off 1% at 13% and Federal National fortgage up 1ft at Among Canadian issues Hud- son Bay Mining registered the only gain, up Vi at Mc- Intyre Porcupine dropped 1 to 1161, Inco to Canadian 'acific to and Dome Mines to On the American Stock Ex- change, Brascan lost Vs to Scurry Rainbow to and Canadian Javelin Ve to Correction A story on page 24 of Tues- day's Herald stated Canada Packers Ltd. earnings for the first six months to Sept. 26 were compared with for the corresponding period in the previous fiscal year. This-should have read 000 in the first instance, com- pared with last year. The Herald regrets any em- barrassment this error might have caused. Beef Futures WINNIPEG (CP) The trading was light Tuesday on the Winnipeg live beef futures market with several trades in the January future at previous close levels. Nine contracts were executed Monday. Open High Low Close Nov 29.60B Jan 29.75 29.73 Mar 30.20A Potato Futures WINNIPEG Marl time potato futures market was inactive Tuesday. Open High Low Close Nov 2-iSN Mar 2.57N Apr 2.651. May 3.07N NEW YORK STOCKS Supplied by Richardson. Securities of Canada Amr.Tand Anaconda Beth Steel Chrysler Comsat Dupont General Motors Golf Int Harvester Kenn Copper 42.25 Montgomery Ward 28.7! 20 Gold! 187.09 off 20 00 Sears 6J.OO 10 Base Met 94.55 off .37 21 Std Oil Of N.J. 49.50 15 W Oils 174.82 up .29 2400 Texas Gulf 115.75 Volume Texas Co 32.50 NEW YORK AVERAGES 11600 Woolworth 34.12'A 30 Indus! 750.82 off 3.63 70.00 Westinghouse Elec 63.87'A 20 Rails 147.14 off .21 US Steel 30.00 15 Utilities'106.21 off .07 23 AVERAGES Stocks 240.3B off .78 37.12W 20 indust 163.01 off .37 Volume AGROLOGIST A large diversified grain company an Agrolo- glsl as Technical Supervisor for the Provnce of Saskatchewan. To reside in Saskatoon. DUTIES 1. Under direction, will develop company agricultural exten- sion programs in the Province of Saskatchewan. 2. Will assist producers in improving crop production tech- niques. 3. Will represent the company at agricultural and other farm meetings. 4. Will conduct sales and product information courses for Elevator Managers as required. 5. Will act os liaision with Universities and Government Agencies. QUALIFICATIONS: University Degree in Agriculture, preferably Plant Science option. Practical knowledge of farming either through farm background or related experience. Initiative in developing ideas and ability to adapt to varied programs. We offer an attractive salary range commensurate with ability and experience and excellent employee benefits. A company car is provided. Reply in confidence with a detailed resume to: The Personnel Department P. O. Box 6600 Winnipeg 1r Manitoba Sub-Contractor INSTALLERS Required by Simpsons-Sears For DOORS and WINDOWS DRAPERIES and RODS ROOFING ALUMINUM SIDING EAVESTROUGHING Contact MR. N. KLASSON 328-9231 34.50 10.50 6.25 8.15 1.15 54.75 .86 7.50 .73 1.26 14.42'A Jefferson Lake anff 11.87'A Joutel Oil Gat 4.M Kaiser sooth S4.50 Kam Kotla dn Ex Gal Mentor Xshlands 8.50 Newconfx dn Homestd 6.55 pacific Pete dn Ind Gas 10.37Vi Rank Org dn Long 11 dn Super en Del Rio harter hleftan 'namlc pete Plains 111 City ew Cont umac ermo etrol innacle .60 lace Gas 1.25 Ranger curry Rain 22.0Q pooner 2.30 W. Detain 5.35 MISCELLANEOUS INDUSTRIALS Atco 10.00 Aduatalne 22.37', Brit Nlld 4.80 Cdn Brtvi A PW 3S.SO Cdn Brew B Pfd 34.3714 Cdn Hydro Car 14.75 Cdn Pac Inv CPR Pfd Crows Nest Ind cysnus A 4.35 :ygnus B 5.00 Com Prop 11.50 Gt Cdn Oil S 3.75 19.25 21.00 1.95 MISCELLANEOUS QUOTATIONS Vancouver, Calgary, Montreal (Supplied by Daherty, RMdbause uid McCuaif) tAST BID OK SALE (HIM i.m. Ouotn) i.m. Qww) WtSTHN DILI minex Int! Utll Pfd 29-09 Gr In Shares 9.03 3.33 iiii IOS Vent 7.62ft Mutual Ac F 110 Mutual Gr Mutual In t.ta Nat Res P" N.W. Gr Principal Or Prov Mutual Regent Fund Universal sav 2.50 17.12'A VANCOUVEil Anuk Arctic Atlas Explor Beth Copper .33 .48 .27 .13 VIocR Bros Brenda B.C. Sugar Capf Inter Churchill Copper Coronation credit Crest For Ind Croyden Dolly Varden Shell lnv Shell Inv Pfd Shell Inv Wti Sicks Rainier West Cdn Seed White Yukon CALGARY Acroll Ana Pete Baroni oil North Cont Plains Pete West Warner Madison Rexdala PIPELIHK STOCKS Alta Oas Tr L A 45.50 Alta Gas Tr L Ptd 73.00 Alta Gas (Nat) 23.00 Inland Nat Gai 1300 N and C N and C B Pf- Gaz Metro PW A 61.25 Tr Cdn Pipe 31.25 Tr Cdn P Pfd 37.00 Tr Cdn P Pfd A 58.50 Tr Cdn P War 11.00 8.62'A westcoast Tr ZO.OO 40.00 western Pacific MUTUAL FUNDS AGF Special 2.15 All Cdn Com 7.14 Madrona AH Cdn Dlvld 7.55 8.26 New Cronln All Cdn Vent 3.28 3.58 New Imp Mines Amr Gr F 4.49 4.93 Okanagan Hellcop Cdn Gr 5.05 5.55 Primer 14.12'A cdn Invest f 4.12 4.51 Pyramid 35.50 Col Mutual 5.28 Sliver Standard Cmnw Inter 11.2212.30 Texmont Cmnw Lev 2.86 3.13 Husky Oil 11.12'A Corp Invest 4.89 5.35 Western Mines lusky 0 B 3950 Corp In S F 4.35 4.75 Westcoast Res Sy Oil war iOO Dreyfus F U.S. 10.34 11.33 Western Explor nter Prov 11.50 Gr Equity 5.31 3.2e 3.50 4.61 5.12 4.02 4.4i 4.M 4.74 3.52 3.87 4.21 4.70 3.57 3.B 6.02 6.51 7.70 8.42 4.77 4.92 4.20 4.62 7.09 Granlsle Key Indust Growers B Hy's Interior Brew Jericho Kamloops Copper Lofnex Lylton Mineral) 4ome A Home Pllfld Hud Bay Co Hud Bay Oil ___ Hud Bay Oil Pfd 50.00 Hugh Russ 20.50 5.51 6.05 Utlca .20 .21 M 14.75 1.35 9.25 15.25 3.00 1.75 1.00 6.25 .33 (.05 3.30 12.1214 .31 385 2.BO 4.90 M'A .17 A.80 2.65 .34 .08 1.85 .51 1.30 .50 .33 3.90 .18 .25 .71 TORONTO MINES, INDUSTRIALS Supplied by Richardson Securities of Canada LAST BID OR SALE a.m. Quotes) INDUSTRIALS niroo a.m. Qooies) a.m. Quotn) Vbttlbi .lean Algoma Steel Atco Ind Atlan Sugar Bell Tel Braz B. C. Tel lurns i. C. Forest B. C. Sugar CAE Ind. Cdn Brew Chemcell CD] Cell Cnl Power Coron Credit C. W. N. Gas Cdn Indus Can S. S. Cdn Marconi Cdn Vickers Chrysler Cominco Cons Bnth Cons Gas Dist Sea Dom Brldgt Domtar Dom Textllfl Dom Stores 3omt Fam Play Fd of Amer Gt Cdn Oil Sd Gen Motors Gt Lakes Pap Gulf Oil Cda Hawker Sid Hur and Erie Hiram Walk Imp Oil Imp Tob Int Nickel Int Pipe [nv Gp A Int Utlt. Indus Accept Laurentldc Kelly Doug A Loeb Loblaw A Metro Stores Massey Ferg McMil Bloe Moore Corp Molsons A North and Cen 12.75 13.00 22.15 5.50 25.00 15.25 4.65 7.25 4.05 6.00 24.25 1.15 Rothmans St. Law Corp Shell CDA Simpson's Simp Sears Steel of Can Selkirk A Texaco Trad Grp A Trans Mtri fp Trans Can Pp Union Gas Union Oil 11 UVi Versatile MM 950 westeel- 2575 Union carb 3 25 Weston's B 7.25 Wood A 24 West Cdn Sd zenith Elec 31.00 BANKS Montreal 4125 Nova Scotia 15.3TO Royal 13.75 Tor-Dom 11.50 MINES 19.00 32.00 U.25 52.00 Frobex First Marltlrnes Giant Y.K. Gunnar 7.87'A Granduc 12.25 Headway R.L. Holllnger Hud. Bay Hydra Ex. Highland Bell lrm 10.50 26.87'A Quebec Kerr Addlson Key Anacon Labrador Lake Short Leitch Langte SHvar Macassa Madsen R.L. Malartlc G.F. Martin 'McNeely Maybrun Maclntyrt Mela MMrlm Wildcat Drilling Halts NEW YORK (AP) Wildcat drilling has been halted on the oil-rich Alaskan North Slope be- cause of a variety of problems, says The Oil and Gas Journal, a trade publication, in its current issue. __ The publication says that in addition the seasonal freeze- up, causes of the shutdown in- cluded failure of the department of the interior to issue a permit to build a pipeline for moving Prudhoe Bay crude oil to mar- ket; the native land-claims issue and a related court injunc- tion that forestalled granting of pipeline right-of-way, and a new edict that prevents operators on federal leases from transporting badly needed gravel for drill- site pads. Interior Secretary Walter Hickel said again recently that he expects to issue a permit for the Prudhoe-to-Valdez pipeline in the spring. Business organizations in Alaska are trying to unite in an effort to obtain settlement of the native-land claims. 1S.25 31.50 14.50. 3.40 9.75 12.50 52.00 15.50 2.50 1.40 19.25 15.00 18.50 22.12' ul 10.25 72.00 10.37W JO.00 3.75 71.00 18.50 1.90 Acme Advocate Alb. Akallchp Area Mines Belcher Iron Black Bay Bralorne Broulan 1719IA Bethlehem Brunswick Canada Tung. Cassiar Central Pat. Chlmo coin Lake Cochenour Dickenson Mines Denison Mines 14.-50 23J5 33.25 15.50 5.00 4.55 5.62V 23.00 10.00 23.25 31.00 12.75 D'Eldona Dome Mines Donalda Discovery Mines East Malarlic East Sullivan Falconbridge New Athona New Calumet New Imperial Noranda Opemiska Oshkn Patlno Pine Point Placer Dev. P.C. Exp. Quebec Man Rayrock Radtore Rio Alsom Roman Corp. Sllverfields Sherrltt Gordon Silver Miller Steep Rock Slscoe Tek Corp. TexmonT 1.07 Upper Canada 66.00 Western Mines Wright Har. Willroy Windfall Yellowknlfft Br. Zenmac .87 i.os .sa 1.93 .47 .07 l.SS .B 15.00 4.70 1.90 23.25 2.60 1.37 .14 .62 1.45 25.25 .21 1.20 1.45 5.40 143.00 .2514 1.05 10.25 1.11 T.SO- 10.00 35.00 30.62'A .31 3.00 3.10 2.08 .21 11.50 .31 33.2! 3.75 1.M .08 1.14 .90 80 13.00 .23 158.25 .14 .31 9.85 .17 .29 1.85 9.15 ll.SS'A .32 29.2! 32.00 31.00 72 21 1.25 .29 14.SO 4.75 2.15 17.25 .0714 J.50 1.95 6.75 .50. 2.25 3.80 1.65 1.38 .14 5.00 .10 LEADS OWNERS Mrs. Ethel D. Jacobs, owner of Personality and High Eche- lon, led United States owners in races won in and 1943. LIVESTOCK Lethbridge Livestock (Supplied by Canada Department of Agriculture) On otter to 11 a.m. fflO cattle. Receipts mostly slaughter cattle. Trade active. Good and choice butcher steers meeting good demand. Prices 25 cents or more higher. Medium grades steady to strong. Good and choice butcher heifers also meeting good demand. Prices 25 to 50 higher. All classes of cows under pressure. Prices weak to 25 cents tower. Me- dium and good heavy feeder steers sell readily at steady rates. Choice steers 27.50 to 27.80; good 11 to 27.50; medium 26 to 27.25. Choice heifers 26.25 to 26.80; good 25.50 to 26. Good cows 20.50 to 21.50; me- dium 19 to 20; canners and cutters 16 to 19. Good heavy feeder steers over 900 Ibs. 27 to 28; medium 26 to 27. Butcher hogs sold Tuesday f.o.b. Lethbridge 22.60 to 23.10 base price. Calgary Livestock CALGARY (CP) On offer to 11 a.m., about head; mostly good and choice slaugh- ter steers and heifers. Trade was active. Slaughter steers sold fully steady, heifers were steady with over weight kinds dis- counted 50 cents. Cows were uneven with bulls steady. Choice slaughter steers 27.75 to 28.40, good 26.75 to 27.50, me- dium 26 to 26.50. Choice heif- ers 26.75 to 27.40, good 25.75. U) 26.50, medium 25 U> 25.50. Good to medium cows 18.50 to 21, canners and cutters 14 to 18. Good bulls 22 to 23.50. Replacement were scarce with most offerings in the heavier weight ranges. Stock calves met a good de- mand at steady prices. Good feeder steers more than 750 pounds 27.50 to 29. Good feeder cows 18 to 23. Good sOock steer calves 38 to 41.10. Good stock heifer calves 31 to 34. Hop base price 22.80. Lambs were steady Tuesday with mixed lots of good and choice 23.60 to 24.50. Hog Prices EDMONTON (CP) Prices to 11 a.m. today provided by the Alberta Hog Producers Marketing Board: Edmonton: Quoted 22.75 to 22.80, selling 22.80, average Tuesday 23.32. Red Deer: Quoted 22.75 to 22.80, selling 22.75, average Tuesday 23.16. Calgary: Quoted 22.75 to 22.80, selling 22.80, average Tuesday 23.20. Lethbridge: No market, av- erage Tuesday 22.97. L1 o y d minster: No market, average Tuesday 23.09. Total hogs sold to 11 a.m., 950. Sows selling 14.02. Total hogs sold Tuesday, 601, average 23.23. Mr. E. C. Campbell, President, Inn Operations, Com- monwealth Holiday Inni of Can- ada Limited, announces ap- pointment of Mr. E. R. "Lefty" Wilson as Innkeeper of Holiday Inn of Edmonton, Alberta. Mr. Wilson has recently held top managerial positions In the Hotel Industry in Calgary and throughout Western Canada. Police Tipped Off OAKLAND, Calif. (AP) An anonymous telephone caller told police Tuesday they could find a large amount of guns and explo- sives at a motel. Police found on the bed in a motel room 20 sticks of dynamite, three ma- chine-guns, 16 incendiary frag- mentation bombs, four gas grenades and two anti-personnel fragmentation grenades. Grain Price Review WINNIPEG (CP) Export- er buying pushed all rapeseed utures to new crop season lighs at the mid-session of Hie Winnipeg Grain Exchange to- day. Offers were on the light side but prices at both the Vancou- ver and Thunder Bay positions advanced from one to 4% cents. Flax had light trade and jrices were easier. Oats and jarley had continued good do- mestic shipper trade and rye was showing some strength in all futures. Tuesday's volume of trade was flax bushels, rapeseed and rye 000 bushels. Mid-session prices: Flax. Oct., 2% lower 2.58B; Nov. 3% lower 2.56B; Dec. 1 lower 2.45B; May lower Rapeseed Vancouver: Nov. 4V4 higher Jan. Ok higher 2.82; March 3% higher May 2'A higher 2.63B. Rapeseed Thunder Bay: Oct. not open; Dec. IVi higher April 2 higher 2.62B. Oats: Oct. higher 86V4A; Dec. Vi lower May un- changed July not open. Barley: Oct. unchanged 1.28 Dec. Vi higher May V higher 1.28A; July not open. Rye: Oct. higher IMVzE; Dec, Vi higher May i higher 1.14A; July not open. Grain quotes Tuesday (basis High Low Close Flax Oct 261 258V4 2603A Nov 26C 257Y4 259% Dec 246 242% 246 May 256 252% 256 Rapesccd Vancouver Nov 282% 276% 281 Jan 278V4 270% 277% Mar 269V8 283V4 269Va May 261% 255 260% Rapeseed Thunder Bay Oct 268% 276 276 Dec 254 248 254 Apr 260% 255 260 Oats Oct 86% Dec 87 86% 87 May 85% 85% 85% Jly 86 Barley Oct 128 127% 128 Dec 127% 127% 127% May 127% 127% Jly 127% Rye Oct 104 Dec 106Vs 106 106 May 113% Jly 113'A Hello Folks! We're proud to be part of Centre Village Mall! Do drop In and browse around at your leisure. Our stock is still coming in but we have dozens of Opening Specials to save you money on Thursday, Friday and Saturday. SHIRLEY ANN (Shan) MALESCHOK gnd ED. MALESCHOK. SHAN'S STATIONERY Centre Village L aovsxornaaKH FALL SALE EVENT CLEARANCE OF FUR-TRIM WINTER COATS! MANY FABRICS TO CHOOSE FROM IN TWEEDS, PLAINS OR FANCY STYLES in the seasons top fashion these coots ore trimmed in lamb, raccoon, mink or muskraf. Sizes 7-15 or 10-18 GROUP 1 U0.99 GROUP II 1.99 GROUP III S69" SALE OF FUR FABRIC COATS AND JACKETS Assorted Styles and Sizes. Some of these coats were regular to 80.00.......SPECIAL 29 .99 SALEOFCARCOATS Your choice of many assorted fabrics and colours. Double breasled-belfcd J J QQ styles. Sizes 8-16 SPECIAL 14 PANTY HOSE SPECIAL 29' A good assortment. Regular Values to 1.98. CLEARING AT............ PAIR CELARA KNIT SUIT SPECIAL! We Are Clearing Out Fall Knit Suits! 19" Mostly Regular to 38.00. CLEARANCE SPECIAL BRIDAL GOWNS I PRICE For the bride-to-be spectacular savings on wedding gowns. Choose yours now at HALF-PRICE DRESS CLEARANCE! Compare these savings on a variety of dresses or pant dresses in plain or fancy ityles! Wools, silk knits, crimp knits. Sizes 7-11 er 10-18 GROUP 1 GROUP II GROUP III Use your charge account or open an account at the store nearest you ;