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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 29, 1971, Lethbridge, Alberta Friday, Octobtr 29, 197! THE LETHKRIDGE HERALD 25 Market prices slightly higher TORONTO (CP) Prices on the Toronto stock market edged fractionally higher, interrupting nine consecutive declining ses- sions, in light mid-morning trad- ing to-day. The industrial index was up .06 to 160.35 and base metals .01 to 69.05. Golds were down .W to 140.84 and western oils .79 to 200.10. Volume by 11 a.m. was shares, compared with at the same tune Thursday. Avances held a slim lead over declines, 88 to 66, with 172 is- sues unchanged. Strongest of the industrial in- dex's 17 sub-groups were bever- ages, general manufacturing, utilities and pipelines. "Walker-Gooderham was up to Vt, Asamera Vt to Home A to Western Broadcasting to Bell >4 to and Denison Vi to MacMillan Bloedel rose VI to Pine Point Vt to BP Oil and Gas 10 cents to and Soutliam "A to Dome Pete was down to Falconbridge Vz to Scurry-Rainbow Vs to Inco to and Imperial Oil Vs to PAPERS UP MONTREAL (CP) Prices slumped in all sectors except papers in light trading on the Montreal slock market today. On index, industrials declined .51 to 164.84, utilities .02 to 143.95, banks .31 to 199.26 and the composite .39 to 164.83. Pa- pers rose .30 to Combined volume on the Montreal and Canadian stock exchanges at lla.m. was shares compared with at the same time Thurs- day. Highlighting losses, Dome Pe- troleum was down to National Trust to Fal- conbridge to Hudson's Bay Co. Vz to Hudson's Bay Mining and Smelting to and Fraser Co. Ltd. to Maritime Electric was up to Asbestos Corp. to and Husky Oil Vz to QUIET TRADE NEW YORK (AP) The stock market drifted aimlessly ir quiet trading today. It was unable to maintain the momentum that on Thursday pushed the Dow Jones average of' 30 industrials to its first gain in 12 sessions. Investors continued to hold back because of uncertainties about Phase Two of the Nixon administration's economic pro- gram, analysts said. The noon Dow industrial aver- age was off 1.54 to 836.08. Among the NYSE, Dome Mines gained 1 to and Walker Gooderham was up to Alcan and International Nickel were both off to amd respec- tively. On the American exchange, Jupiter Corp. and Scurry Rain- bow Oil both rose to and respectively. ByGeneFawcelle A NEW PRINTIN6 MACHINE. FASTER.SMAUER ANDQUIETER THAN OTHER PATATERMINAL ORTELETYPE MACHINES, HAS NO INKED RIBBON CR KEYS. A AWES ACROSS THE SPECIAL PAPER PRINTING 30 CHARACTERS PER SECOND EACH COMMSEP OF A PATTERN OF MICROSCOPIC POTS... MWf 70 CHANBf WflR FKOM 3025 To obtain odditii lo ler (urtli.r 34S St. Jomti SI. W., Manlitol 124, Con. Appointment MR. JAKE JANZEN Mr. Oliver A. Nerland, Gen- eral Manager of General Form Supplies toko pleasure in an- nouncing the appointment of Mr. Jake Janzen as Alth Chalmers sales representative for the Lethbridge area. Mr. Janzen Is a 23-year resident of the Coaldale dis< trict, and has boon associated with General Farm Supplies slncft 1966. Ho Is fully quail fied to assist you in tho pur- chaso of your farm equipment needs, and would welcome your enquiries. Jake may bo contacted by phonei Even< lng-345.3678. Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doheiiy, Roadhousc and McCuaig) LAST BID OH SALE a.m. Quotes) a.m. Quotes) Hud Bay ON 41.00 Invest Mutual Hud Bay Oil P'd Mutual H-jgh Russell Husky oil Husky Oil B Husky Oil War Inter Prov Pipe Inter Prov Steel Kaiser Res Lake Dufault MGF Manage Pacific Pete Slck's Turkey growers cash in a.m. Quotes) WESTERN OILS 5.02 Almlnex Alia East Gas Asamera Ashland BP Oil Gas Can South Cdn Ex Gas Cdn Homesld Cdn Home Pfd Cdn tnd Gas Oil Cdn Long Is Cdn Super Cen Del Rio Charter Chieflan Dome Pete Dynamic Pele Gt Plains Gt Cdn Oil Lochlel Mill City New Coot North Cdn Oil 5.95 5.25 3.35 7.90 15.00 V.25 .57 30.25 _.- 14.67Vi Teledyne 5.25 West Cdn Seed 1B.OO 15.75 42.00 6.00 Mutual Gr Mat Res N W Fin W Gr 11.37Vj Principal 6.62V2 Roylund 3.90 1.75 29.50 3.50 IDC Temp Gr United Ac Universal Sav VANCOUVER MINES Anuk Arctic Mining Atlas Explor Balti Norse Brenda Churchill Copper Croyden Dankoe Dully Vardcn Dynasty Fort Reliance Giant Mascot 5.49 5.34 4.72 5.12 6.30 ft.7a A 17 4.58 ..15 5.6S :'76 4.13 5.14 5.35 A.76 5.30 4.55 5.00 7.2? Pan Ocean Permo Petrol Pinnacle Place Gas Ponder Ranger scurry Rain Spooner Setbens Total Ulster West Decalla Westcoast Pele MISCELLANEOUS INDUSTRIES Aquataine Jrlm Cdn Pacific Inv Crovrenest Ind Cygnus A Cygnus B Genstar Home A Home B Hud Bay Co White Yukon 38 00 CALGARY .60 Acroll -45 30.75 Barons Oil .05 -1.65 Madison -12 1.14 Norlh Cont -02 1.50 West Warner -30 .55 PIPELINE STOCKS 5-15 Alta Gas Tr L A 47.25 Alia Gas Tr L Pfd 76.CO 9-50 Nat Gas 21.30 inland Nat Gas 11.75 1.20 N and C G3S 13.75 -43 N and C B Pfd 27.75 Pacific Gas Tr 12.75 Gai Merto 5.00 11.12'A Gaz Metro Pfc! A 65.00 14.37V2 Tr Cdn P 3-1.25 Tr Crfn P Pitt B 42.00 Tr Cdn P Pfd A 63.25 Tr Cdn P War 9.50 WC Trans _ MUTUAL FUNDS B.C. Sugar Cdn Com 7.77 8.49 Sugar Pfd 8.74 9.55 Capt Infer 3.48 5.80 Crestbrook F Ind 5.67 6.23 Grower B 2.71 Key Indust 4.27 4.68 HV5 5.65 6.20 Interior Brew 12.01 13.20 Inier Mariner 3.10 Okanagan Hellcop 5.02 5.49 Pacific W Ail 8.45 6.25 1.33 Kamloops Copper Lorncx Lytton Minerals Primer Pyramid Silver standard Texrnont Trojan Valley Copper WC Res INDUSTRIALS 24.00 5.00 29.00 All Cdn Divid All Cdn Vent Amr Gr F AGF Special Cdn In F Col Mutual 22.25 Cmnw Inlcr 2.1.50 Crnnw Lev 5.00 Corp Invest Corp in St F 4.61 5.04 Stampede Intl Res 1075 Dreyfus F U.S. 11.43 12.53 OILS 31.00 Gr in Shares 3.12 Albany Oils 31 25 Gr Equity 5.62 6.17 Plains Pele invest Gr F 10.06 11.00 Western Exploi .25 7.80 .05 2.95 17.50 16.00 6.25 3.50 7.50 .35 2.70 4.00 .81 .74 Livestock Lethbridge Livestock NOT AVAILABLE AT PRESS TIME TODAY Calgary livestock CALGARY (CP) Receipts on the Calgary livestock mar- ket to 11 a.m. were head, practically all replacement cat- le and stock calves. Trade was strong and active. Slaughter cattle on offer con- sisted of steers and cows which sold at steady prices. Choice steers 32.25 (o 32.80, good 31 to 32, medium 30.50 to 30.75. Medium to good cows 20 fo 21.50, canners and cutters 16 to 19.50. Replacement cattle were mainly yearling steers and they met a good local demand with prices fully steady to higher. There were no feeder heifers on offer early. Early sales of stock calves were in line with mid week sales. Good feeder steers under 750 pounds 36 to 38.70., 750 pounds up 33.50 to 36.70, sales to 37.50. Good slock steer calv- es 40 to 47.50. Good stock heif- er calves 33 to 37.50. Hogs average base price 23.75. Hog sale EDMONTON (CP) Prices to 11 a.m. provided by the Al- berta Hog Producers Market- ing Board Friday: EcmcDton: 23.65. Average Thursday, 23.35. Red Deer: 23.70. Average Thursday, 23.14. Calgary: 23.75. Average Thursday, 23.09. Lethbridge: No sale. Average Thursday, 23.66. Lloydminstcr: No sale. Aver- age Thursday, 22.80. Grande Prairie: No sale. Av- erage Thursday, 22.65. Hogs sales with Thursday for an average 23.30. Sows 13.40. Toronto mines, industrials (Supplied By Richardson Securities of Canada) LAST BID OR SALE by the surtax, say egg raisers Department sources OTTAWA (CP) Turkey growers are the first to benefit from government plans to offset the adverse effects of United States trade restrictions on ex- ports of some agricultural goods. Informants will be next. Agriculture Minister H. A. Olson announced in the Com- mons Thursday that 3.6 million pounds of turkey will be bought by the government at prices be- tween 33 and 40 cents a pound. The freshly-killed, gutted birds will be purchased by his department's agricultural prod- ucts board, canned and given to the world food program run by the United Nations. Purchase details followed an announcement by Mr. Olson Oct. 12 that turkey producers would be given some form of aid because the 10-per-cent U.S. surcharge on dutiable imports made processed Canadian tur- keys harder to sell on the Amer- ican market. Earlier this month, Mr. Olson said the government would he supplying aid under a special program to all producers and distributors of farm products hit said Thursday that egg producers will be the next to be bailed out by the government. PRICE TO KILL HENS Tentative plans, the inform- ants said, are to offer egg pro- ducers a premium price for slaughtering laying hens. That would eliminate the need to buy up egg's but would still help egg- men make up for the tightened U.S. market. Potato futures WINNIPEG (CP) Mari- time Potato futures close un- changed Thursday. No trades Wednesday. Grain price review Potato growers, orchard farmers and other producers of farm commodities hit by the surtax also stand to benefit from the government help. But Mr. Olson has said each commodity will be dealt with on an individual basis and that aid would be handed out as circum- stances warrant. Proucers will he holned ei- ther through purchasing pro- grams, deiiciency payments or from payments to distributors for the benefit of farmers. There is no estimate of what the total program will cost. Essays, posters good a.m. Quotes) MINES Acme Advocate Asb. Akaitcho Black Bay Bralorne Broulan Belhlehem Brunswick Canada Tung. Cassiar Central Pat. Chlmo Con west Cons. Rambler Coin Lake Cocnenour Craigmont DIckenson Mines Denison Mines 20.00 Deer Horn D'Eldona Dome Mines Dona Ida Discovery Mines East Ma la rile East Sullivan Falcon bridga Frobex First Moritimes Giant Y.K. Bovls Headway R.L. Hollinger a.m. Quotes) a.m. Quotes) 12.75 23.00 24.00 .63 .21 14.25 2.9! 1.55 17.00 1.45 7.00 .04 1.10 .16 12.: Patino .25 Pine Point 1.66 Placer Dev. .34 P.C. Exp. .03'A Quebec Man 1.35 Rayrock Radlore Rio Algom Roman Corp. Sherritt Gordon Silver Miller Steep Rock Teh Corp. Texmont Upper Canada 1-55 Western Mines 2.45 Wright. Hargreeves 1.12 Willroy -67 Windfall Yellcwkntfe Beai Zenrnac INDUSTRIALS CAB Fd of Amer Gt Cdn Oil Gen Motors Gl Lakes Pap Gulf Oil Cda Greyhound Hawker Sid Huron, Erie Hiram Walk Imperial Oil Int Nickel Int Pipe Inv Gp A In! Utilities Indust Accept Laurenfide A 30 Kelly Doug A Loeb 54.25 V .80 2.60 65.00 ,25 -SO 7.10 1.55 6.50 34.25 Hudson Bay M-S 16.50 Hydra Ex. Iron Bay Iso Joliet Quebec Kerr Addlson Key Anacon Labrador Lake Shore Langls Silver Madsen R-L. Malartie G.F. Martin McNeely Mac Inly re Meta Mldrim Intern Mogul New West Home New Athona New Calumet W. Horse Copper Nornnda Norlhgate Norlex Opemiska .15 2.90 1.07 .20 5J5 .22 35.00 2.00 .07 .65 .64 .27 7.20 7.75 .11 .18 1.50 25.12VI 5.25 .25 7. BO Abltlbl Alcan Algoma Steel Atco Ind Atlan Sugar Bell Tel Brazil Trac B.C. Tel Burns 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 Comlnco Cons Bath Cons Gas Dist Sea Dom Bridge Domatr Dom Textile Dom Stores Dome Pete Dofasco Loblaw A 5tores 5 75 Massey Ferg McMillan Bloe Tl'25 Moore Corp 7 DO Molsons A g'tjo Molsons B Nortn- Cent Power Corp 58.25 16.50 17.50 3.90 6.00 .1.25 2.80 24.00 1.00 11.00 10.75 38.50 2.60 9.00 28.62', 53.75 23.00 9.75 17.75 14.00 2650 20.25 Price Co Rothmans St Law Corp Shell CDA Simpson's Simp Sears Sleel of Can Selkirk A Texaco Traders Gp A Trans Mtn Pp Trans Can Pp Union Gas Union Oil Versatile Mfg Westeel Union Car Weston's B Woodward's A w Cdn seed 1 Zenith Elec BANKS Can Imperial Montreal Nova Scotia Royal Tor-Dom 12.75 67.01 4.65 77.25 13.50 24.50 13.75 1.90 23.50 37.5H if, 'i 5 17.00 26.12Y2 38.75 18.50 8.50 5.25 3.55 4.85 15.00 9.50 20.50 33.62V2 16.62V2 16.35 13.75 4.35 5.75 13.62% 19.03 32.62'A 19.75 25.75 21.37V: 14.00 30.75 12.50 34.25 44.00 3.35 13.62VZ 13.00 14.25 21.50 A.f-0 2.05 52.00 15.62V2 27.25 24.87VJ 24.12V; New York stocks WINNIPEG (CP) Trading was moderate in the oilseeds with prices generally higher at mid-session of the Winnipeg Grain Exchange today. Oats and barley featured some spread buying of one month against the other. In barley prices ranged from three higher to 1% lower. Rye bed good exporter buy- ing and was one to two cents higher. Volume of trade Thursday included bushels of flax, of rye and 000 of rapeseed. Mid-session prices: Flax. Oct. unchanged Nov. not open; Dec. lower 2.4BB; May lower 2.55. Rapeseed Vancouver: Nov. lower Jan. 1 higher March higher 2.73V4; June higher 2.68Vs. Rapeseed Thunder Bay: Oct. unchanged 2.54 ViB; D2C. higher May 1% higher 2.651AA; July not open. Oats: Oct. higher Dec. unchanged 66V4; May lower July not open. Barley: Oct. 1 higher 1.06; Dec. 2% higher May 1% lower July not open. Rye: Oct. 1 higher 95; Dec. 1% higher 97; May 1% higher July ft lower High Low Close ..Flax Oct------------------ Nov Dec May 259% 248 255 25714 247 254 Rapeseed Vancouver Nov 273% 268 M: J'an 273 V4 Mar 273% 271va Jun 268% 267 259% 259% 247 254 271% 274 272V4 267 Nursing home earnings up CALGARY (CP) The earn- ings of Villacentres Ltd. in- creased to or 37 cents Rapeseed Thunder Bay Oct 255 Dec 256% 256V4 May 265V4 263% 264 V4 Jly-------------------- 2G2V4 Oats Oct 65% 65 65Vs Dec 66% 66% May 68' 67% 67% Jly--------_ 67% Barley Oct--------------------- 105 Dec 106 105% 106 May 108% lOBVi 103% Jly 106-14 106% 106% Rye Oct 95V4 Dec 97 95% 96% May 103% 102% 102% Jly----------------- 105% Egg prices EDMONTON (CP) Week- ly egg and poultry report is- sued by the federal agriculture department. Eggs To producers A large 42; A medium 38; A small 18; B 22; C 6; cracks 6 To retailers A large 54; A medium 50; A small 30 to 32 B 29; C and cracks 32. To con a share during the nine months sumers (in cartons) A large 5! ended Sept. 30. to 61; A medium 55 to 56; A Net income for the correS' Amr T and T Anaconda Beth Steel Chrysler Comsat Dupont GM Gulf Int Harvester Kenn Coppei (Supplied By Richardson Securities of Canada) Sears 91. OD 20 Golds 1J0.79 off .09 Std Oil of N.J. 70.50 10 Base Met 68.97 otf 07 Texas Gulf 113-00 2875 Texas CD 30.50 15 W Oils 1W.S2 off 1.37 Volume 78.JS Wesllnghouse Elec 8J.50 30 Indust 835.65 off 1.97 xmding period in 1970 was S285.916 or 28 cents a share. Cash flow was up Tom for the first nine months last year. The Calgary-based company operates nursing homes in Can- TORONTO AVERAGES 55 stocks 291.05 Off .13 MontgonW Ward 31J7V1 20 Indust 160.01 off .It Volume Place to wait ior bus Via satellite, a three-minute telephone call from New York to London costs compared with in 19G5. JOINS BENY'S SALES STAFF COLEMAN (CNP Bureau) Three members of the Coleman Elks Lodge, Mayor John Holyk, Mel Cornell and Jack Chal- ers, were honored at the lodge's birthday party when they were presented with their 35-year membership pins. Also honored al Ihe event was Delberl Ennis of Blairmore who received a life member- ship. Bill Holyk of California. Pete Smith of Calgary and R. A. Montalbetti received 30-year pins and Len Hotte, Clarence Clarke and Joe Wavrecan were recipients of 25-year buttons. The 20-year membership pins went to Steve Wavrecan and Clarence Wesley and Mike B'Arnico of Calgary and Ron Collings received their 15-year buttons. Master of RON DICK Bcny Chevrolet Oldsmobile are pleased to announce that Ron Dick has joined their sales staff. Ron was born in Winnipeg, and raised and educated Taber. He Is a graduate in busi- ness administration from the Lethbridge Junior College. Ho also completed four quarters at the University, of Montana. Ron Is a singa Is well known In Tabcr and area and welcomes his many friends and acquaintances 10 sea him al Beny'i for their every motoring need. Elks Doug Roadh'ouse and his wife of Lethbridge; Dast dis- Iricl deputy of the OORP, Vio- let Wavrecan of Coleman; hon- ored royal lady of the Coleman OORP Anne Bodisch and her husband Joe; district deputy of the OORP Jean Le Grandeur of Cranbrook and past honored royal lady Irene Barrett of Cranbrook. The large birthday cake cen- tring the head table was cut by charter member Bert Bond while all present sang "Happy Birthday" to mark Ihe lodges 46th anniversary. An evening of dancing concluded the success- ful event. Life in death WINAMAC, ceremonies Joe 16-months-old Wavrecan called on Exalted Ruler Dave Bouthillier lo wel- come the guests. Distinguished visitors included district de- puty grand exalted ruler Marx ditch, police said. Michael Gryschuk and wife of Hillcrest; Wes Jacobson of Lethbridge, secretary of Ihe Provincial Elks Association and wife; in- ner guard of the provincial Ind. (AP) girl, her A body cushioned between those of her dead parents, was found-alive Thursday, three days after their fcrm machine overturned in a delbach, 29, and his wife Slur- ley, 22, died when the corn picker tipped over. The child, Melody Kay Reidelbach, was in hospital in poor condition. SECRETARY TREASURER Established G.M. Dealership Requires the immediate services of a Secretary Treasurer to take full charge of office. Complete benefits with commensurate salary. If necessary, can train on accountant In G.M. typo account- ing. Excellent conditions car supplied, etc. Apply In confidence (o: MR. J. H. STEPHANSON, Box 1056, Medicine Hat, Phone 527-1115 ada. small 35 to 38. No. 1 Chicken Broilers, 22. Fowl Under, 4. Under 12, 24; 12 to 18, 25; over 18, Live No. 2 Chicken- Broilers, 19. Turkey Under 12, 21; 12 to 18, 22; over 18 COLEMAN (CNP Fire Chief Henry Zak says the essay and poster contest spon- sored by the Coleman Volun- teer Fire Brigade for Coleman pupils was successful. Winners in the Headstart school were Kathy Liszicsan. Lori Jamarchuk and B o y d Runge, morning class, and Mi- chael Taje, Rhonda Bannik and Wendy Oczkowski, afternoon. Special education class win- ners: Richard Hosejud, David D i n g r e v i 11 e and David Schwartz, and in the poster contest, Nita Bums, Cl a y Duane and Clifford Curtis. Elementary school winners Grade 1A were Valerie Gibos, Rae Budniak and Cindy Vchuffle: Grade IB, Dawn Tar- con, Jennifer Eagle Child and Jody Eager. Grade 2A winners were Mary Pakla, Filar Martinez and Darlene Kozak and 2B, Kim Mantyka, Connie LaFonde and Roxanne Larine. Grade 3A: Lori Beaver, Brent Cunningham and Chris Jameson; Grade 3B, Wesley Fraser, Tony Filewich a nd Dean Perozak. Thelma Thompson, Wayne Robutka and Randy Mardquart took first, second and third in Grade 4A and in Grade 4B winners were Rochille Juhlin, Lee Ann Beaver and Lori Dey- elle. Grade 5A winners were Gary Kimolo, Marilyn Dudys and Janette Beigun and Grade 5B Joanne Munroe, John Wavre- can and Gammy Gettman. Dixie Trotz, Barbara Kry- stoff and Joane Graf took the top prizes in Grade 6A and Bonnie Parks, Kevin Living- stone and Dean Herriman were winners in Grade 6B. Nuclear engines poiver Soviet aircraft? NEW YORK (AP) Sen- ator James Buckley says he's concluded that the Soviet Union has developed a test version of a bomber powered by nuclear engines. Citing "obscure technical journals" as his source, the New York Republican said in a speech to the Navy League last night that the Russian plane was capable of "re- maining aloft for 90 days or more." Favor abortion WASHINGTON (AP) Nearly half of American men and women over 16 favor per- mitting abortions when parents have all the children they want, a federally sponsored Opinion Research Corp. survey says. The survey reported 49 per cent WINNIPEG (CP) Live of those questioned are in favor, beef futures close Thursday. 142 per cent opposed and nine Nov 33.75A; Jan 33.20B; per cent have no opinion. Mar 32.45A. years ago, BO per cent opposed Wednesday's volume: 14 con- the proposal. About per- tracts. sons were polled Beef futures Try again to reach dead magician NIAGARA FALLS, Ont. (CP) An attempt to reach the spirit of escape artist Harry Houdini will be made at a seance in New York City Friday night. Henry Muller, president of the Houdini Magical Hall of Fame here, said Thursday the last unsuccessful attempt to reach Houdini was made here in 1968. This lime the attempt will be made in Houdini's home, an old brownstone house on 113th Street, which is still oc- cupied by his former house- keeper, Rose Bonano. Bonano claims that Houdini returned to the house in Ihe form of a stranger had dinner with her in the house and thai he still walks the corridors al he said. Houdini died in 1926 at De- troit. At one time in his car- eer as a world-renowned es- cape artist he commanded a salary of a week. COMMERCIAL EQUIPMENT FOR SALE 1-Heavy duty Hobart Mixer 60 qt. cap., suitable for restaurant or bakery, ex- cellent condition, handsaw. Hobart, excellent condition. Garland Restaurant Range 36" grill top and oven, almost new. Phone Manager at 327-6412 The Mmcdn-Baa 2SOSE SriJi "Spend over on a car? Believe me, when my wife and kids are out there on a day like today, that Mercedes-Benz is the best investment I ever says the Mercedes-Benz "represents the present pinnacle in safe car engineering." Take your family for a test drive this week. Mercedes-Benz For mow Information your local dealer or write to: Mercedes-Bonz ol Canada Ltd., 849 EQllnton Avonuo East, Toronto 17, Ontario. PRO MOTORS LTD. 1S20 2nd AVENUE SOUTH, IETHBRIDOE, ALBERTA PHONE 328-4021, 328-4845 ;