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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 1, 1972, Lethbridge, Alberta I quotations Vancouver, Calgary, prices- I Winnipeg of wheat to by McCuaig Limited) LAST BID OR SALE 1 a.m. Guolts) Quo esi dnoo a.m. QootHl WESTERN OILS HJSJJJ Oil I6.M Invest GrF 12.M H.lj (CP) The de at mid-session on the nnipcg Grain criticized by M in TOP ronto slightl tradin Ind 214.46 and v Golds 204.94 Vol 000 s same Sec vance prodi. age i nicat utilit; oily. A numt with Inc rial Vridge Nickel to MICC P iwestments to and Inter- J provincial Pipe Lino to s LIGHT TRADE NEW YORK (AP) Trading i vas light in pre-holiday action M the stock exchanges, but the market rallied with a verve hat surprised many of those jrokers and traders still in .own. The noon Dow Jones average i of 30 industrial stocks was up 5.34 to 969.07. Advances opened up a 700-10-379 lead over de-cEnes on the New York Stoc Exchange. Among Canadians, Walker-Gooderham was up Vz to Inco to Massey-Fergu-son to and Canadian Pacific 'A to Dome Mines dropped Vt to and Gcnstar to On the American Stock Exchange, Canadian Javelin advanced Vs to Canadian Marconi 14 to and Scurry-Rainbow to ,118 EXMWp. iff. aSSj F on Wo- 'ft gva: 11 r, Ind Oil 10.7S Sandw.ll J.M or tu] Super Tele dyne irn Sav 8 47 9 31 Long IS West Cdn Seed 4.12V, S" fcJJ "arler w MI.M ill ..Lnlvest 6 08 6.W Vl hiflan Westlleld 1.2J VANCOUVER rrr ome Pete CftLGARY MIKES t Pans 3J.SO Acroll .54 mm" t Cdn Oil Barons Oil .OTA E lor ochlel U1 Madison ,12Vi Balh Ncrse .47 was fractionally higher a commission house trade. Vancouver rapeseed options na re to 1 lower on hedge 0 ling while Thunder Bay fu- 'es. were fractionally higher. Rye advanced as much as 2 pr cents in a strong buying protest from government as ckbenchers, particularly when be 3 former prime minister per- m ted iri putting the question di Otto Lang, minister who gr for the wheat board. Speaker Luclen Lamoureux in ed unsuccessfully to call Mr. de efenbaker to "order." The bo >position member was con- ur ntrating on putting his ques- ge ons to Mr. Lang and did not th slice the Speaker was on his et trying to call him to "or- a[ er." Government members "sit down, sit down." to fr. Diefenbaker prefaced his ca sstion with the declaration arc t the western fanner Is "tre- an .mJously interested" in ascer- no ning the prices at which his eat is being sold. an rheso prices are known to competitor countries, said jj, Prince Albert member. He t0 pears before the parh'a-entary committee from time On such occasion they i explain to what exteot tbey willing to disclose 1 to what extent they tzu 'For my he 4ald, "t not prepared to put on them if they feel It fa to 3 interests of the farmers not disclose certain matters." Mr. Diefenbaker said he rnted to put pressure on tne nister to "tell the truth to s regard." He said the farmers are ask-g for the information. 'I ask him: Is It not a fact al most of the wheat being Id in exports today is at a below the costs of the rmers' production? If he can iswer that then I will want to low what the prices are." Mr. Lang said, "I can tell tha ght honorable gentleman that am extremely satisfied with ie performance of 'the wheat oard in obtaining, in world ampctition, the best possible rice available and still sell rain." I Jberal backbenchers shouted ncouragement lor Mr. Lang nd applauded. Mr. Diefenbaker said he real-zed the minister could be satls-ted with "almost anything." He said the minister is satls-led that 50 ships have been vaiting for wheat over the list .everal weeks. He again asked f the wheat was being sold at a jrice below the farmers' aver-ige costs of production. Mr. Lang said the average :ost of production is a complicated one. He was not to state what it was. He asked the Prince Albert MP if he knew what costs- below which the Wheat Board should sell grain. Speaker Lamoureux finally got Mr. Diefenbaker's- attention and calling him to order Former prime minister resumed iiis seat. The House .subsided and turned to another subject. market advanced y in light mid-morning s 3 today. istrials were up .35 to v base metals M to 96. 11 1 reslern oils 1.07 to 256.21. 1 however, dropped .06 to ome by 11 a.m. was down slightly from 0 shares traded by the time Thursday, tors which registered ad-.s were oil refining, food cts, real estate and bever-ssues while steel, commu-on, industrial mine and 1 stocks were off fraction-1 v a n c c s slightly out-wred declines, 133 to 90, 179 issues unchanged, o rose 2 to Impe-Oil to Texas Gulf Gulf Vt to ?36 and umers Distributing Vi to i Telephone fell to Hudson's Bay to to MICC In-nents to and 25 cents to .nieo was up 15 cents to North gate 10 cents to and Campbell Chibou-au 10 cents to J6.75. Deni-was down Vi to S32V4 and c Corp. to jiningdale climbed 35 cents 6.20, Ram Pete 13 cents to and Pan Ocean to e Chieftain fell to Scurry-Rainbow Va to 'BBS OFF ONTKEAL (CP) In-rials led a moderate ad-ce while papers and utilities e off, in fight trading on the itreal stock market today, ombined volume on the itreal and Canadian stock hanges at 11 a.m. was compared with the same time Thursday, tilities were down .27 to 91, and papers .18 to 94.17 Ie banks were up ,13 iu 14, the composite .50 to 80 and industrials .70 to 18.2S PIPE LINE STOCKS Churchill Copper .5a ancdn Pete 15.00 Alia Gas A 40.12W Croyden an Ocean li.OO Alta Gal Pret 73.87V? Davenport -40Vj W elrol >-27 Alia Nal Gas 20.00 Dankoc .58 o nnacle .33 inland Nat Gas 14.50 Dolly Varden .33 ace Gal .79 N and C Gas 12.62'A Dynasty 9.40 HT onder .55 rj c B PFd Equllorlal .22 anger pacific Trans Tori Reliance .37 :grry Rain s.W Giant Miscol 5.W pooner .60 Gaz A 20.00 Graisle 7.70 fj elbc-ns 11.1JI4 Trans Cda Pipe 44.75 Lornex E.M ola 7.15 {1-ans cda B jo.55 Lytlon Minerals 1.57 Vi Isler Trans cda A B2.25 Prlmer el V. Decalla Trans cda War ,j.oo Vest Pele 10.WA WC Trans Silver standard 1.12 MISCELLANEOUS WC Trans Wls 9.20 U INDUSTRIES MUTUAL. FUNDS Valoy Copper ?30 e Vqullane 24.75 pacific 4.98 valoy y-J" if Inco All Cdn Com 8.73 9.74 INDUSTRIAL 2 -dn Brew A 30.50 All Cdn Divid 9.55 10.4! .Bros 3.35 S5 135 '1 "a is 5 Cvsnus B 5.75 Mutual 7.09 7.7a crestbrook F Ind 3.45 2 Falcon Copper H.7S Crnnw Inter 15.21 K.71 i RS.Kifa -SS Toronto mines, industrials (Supplied By Richardson Securities of Canada) LAST BID OR SALE 111-00 a.m. Quoles) HI -.00 a.m. tllioo a.m. Quolesl A 30 IfSSffi" 1 ill SL 3s6" SaST 11 cTnfVU, Kg, 2VOO sstt pa.. s 'ffl-s ss Chlmo .M s 20 Int Nickel M.62V; 1 2! i, a. O'Eldonj slores Dome Mine! 74.25 INDUSTRIALS Msssav Ferg 17.75 BSSS.V "-.S14 IF is FHwim" 7ij ffli-T-r 2 10 Braiil Trac Rothmanf is HomS 50 BC. Forest 23.00 Simpson's 29.00 MDllinger suqar Stmp Sears 38.75 Hudson ron Bay 3.30 M iiJw MVS ChertiMll Traders Grp A 19.25 i01 in'js col cell Trans Mln Po 24.3TO If Cagary Z6.JO Trans Pp 'OM Co on Credit Union Gas T3.37'A I" 51 ?hrre 3W C W.N. O3S Pfd 11.50 Union Oil .45 Vtnols siwer 06 Ind 17.12V4 Versallll Mfg 7.00 u HL 59 Marconi 5.25 ,Westeel 11.25 115 Cdn Vickers Union Car 13.55 Jl .chiyeler A Conilnco 27.50 Seed "ns Balh U.3711 Zenith Elec 3.15 "-fj BANKS Nu West Homes S.M Oi.l cdn Imp 27.B7IA New Alhona Dom Bridge M.w 20.37W Calumet .24 Domia. s 3, 5, SB.K-D-, IVetw Yorfe stocks (Supplied By Richardson Securities Amr T aiwS T 4J.87W Sears 10 Base Wl'et 96.27 up .20 Anaconda rnll 11800 IS W Oils 254.94 up 1.80 Belh Steel .1 3500 Volume cSmsaT 58-" Wickes Corp YORK AVERAGES Dupont 30 Indus! 969.07 up 5.34 55 :S r fdrfl-rd RISES' higher 2.50 34A; Nov. Vi igher 2.48 34A; Dec. higher 44 %B; May It higher 2.52 ZB. Oats: Oct. Ve higher 79 )ec. tt higher 79 %A; May 1 higher 82 %A-; July Vi high-r 82 %B. Barley: Oct. lower 1.23 Va 3; Dec. 1 Vs higher 1.24 Hay 1 Vi higher 1.27 July higher 1.28 VtB. -5 Rye: Oct. 1 Vi higher 1.1 v fiS; Dec. 2 Vt, higher 1.20 t May 2 Vi higher 1.24B; July i lot open. i Grain quotes Thursday (basis High Low Close Flax: Dct "322% 320 322 31S% 316 319% Dec 310 308 310 May 319% 317 319 Kapesecd Vancouver Sep 260 255 280 Nov 251% 257 26114 Jan 263% 269 203 V4 Mar 262 259V4 262' Rapeseed Thunder Bay Oct 250% 24714 Nov 247 243V4 Dec 244 24U4 244 May 252 248 252 Oats Oct 79% 79 79V4 Dee 79% 79 79'A May 81% 81V4 Jly. 82 Barley Oct 123 V4 12U4 123% Dec 123% 121% 123% May 124-Ti 126% Jly 126% 126% Rye Oct 116% 116 Dec 118V4 116 118% May 122% 120% 122 Jly auto ind NEW YORK (AP) A New fork, state research scientist 's varned today that anti-pollution b quipment being considered by a he automobile industry may it- c elf be hazardous to humans. s Dr. William D. Balgord, sen- 1 or research scientist for the r tale's department of environ- c nental conservation, said he is :oncerned about metals being considered for a device called a catalytic b warns g ustry i The converter would be de- f igned to bum up the hydrocar-ons and carbon monoxide that f re not burned up during the ombtistion process. In- E tallation of the devices is i icing considered for the 1975 nodel year to meet federal lean ah- staJidards. Certain catalyst com-sitions typical of those being veloped in Detroit and else-here are reported to contain hromium, nickel and other ele-enls of known Dr. algord said. In testing catalysts contain-ng chromium, copper and ckel, under conditions similar o that of automobile exhaus-on, Dr. Balgord said he deeded emission of tiny particles the metals in high concentra-ions. Tlie particles are so small, he aid, that if inhaled "they ould be carried to the deepest ecesscs of the lung." Dr. Balgord reported on his ork al the national meeting of ie National Chemical Society. The warning came a day after General Motor Corp. re-wrted to the same meeting lat the catalytic converter is the most promising approach under development" in its plan o "remove the automobile rom the air pollution beat themselves CALGARY (CP) The Social Credit government in British Columbia "was the architect of ils own Harald Gunderson, president of the Alberta School Trustees' Association, said here. He said B.C. was the first province in Canada to implement spending limitations on school boards. "The party instituted freezes on- school buildings and completely outraged school trustees and members of the B.C. Teachers' Federation." He added the lesson to be learned from the Social Credit defeat to the New rails washed out in flooding EDMONTON (CP) Canadian National Railways will begin work immediately to salvage rails and other materials along 37 miles of Alberta resources railway tracks washed but in June flooding, Industry Minister Fred "Peacock said here. The salvage work docs nol mean a commitment has. been reached Io begin restoring the section of the track washed out, Mr. Peacock said following a meeting with CNR officials. Mr. Peacock said the government position is that the CNR should do the restoration. The provinci ally-owned 230 m i 1 o line runs from Hmton to Grande Prairie and is operated by th CNR undsr an agreement with the province. Provincial officials say th railway does maintenance work whle the province pays for capital construction. It 'has no been determined in which category the restoration falls, am further meetings arc schedulec between the province and the railway. The washouts have kept th northern half of the line, fron Grande Cache to Grande Pra rie, out of service since Jun and have halted grain shipments from the Peace Rive area on the ARR. The southern half from Grande Cache to Hinlon, usei haul coal from the Mclntyr Porcupine Mine, was not a fected by the firm hikes price SAULT STE. MARIE, Ont. (CP) The Algoma. Steel Corp. Ltd. has announced pries increases, the second major Canadian steel producer, to do so within a week. Affected will be plate products and the corporation's full range of structural shapes. An Algoma spokesman says customers arc being advised plate products will cost an additional a ton, effective Oct. 2. Structural products, including angles, channels and beams, will rise ?8 a ton as of Sept. 18, the spokesman says. Sleel Co. of Canada Ltd. In Toronto began notifying iti steel users last week that prices for hot-rolled bars and shapes will be increased 25 cents a hundred pounds or a ton effective Sept. IB; The company said another similar increase for these products will take place as of Jan. 1, 1973. Prices for Stelco's plate products are to be raised 4i2 per cent, or about a ton, on Sept. 18 also. Cane Fswcetta A SI N K-aOE WATER SOFTENER THAT CAN BE ATTACHED TO SCLAIMEDTO BETHE RRST. WATER IS SOFTENED 8V FftSSIMS THROUGH AN [ON EXCHANGE FILTER SYSTEM, BUT A VALVE ALUMS NORMAL "is that education may need improvement, but when it becomes the whipping boy for the government, then that government is set on the path to oblinon." Dr. Murray Jampolsky, president of the Alberta Teachers' Association, said teachers probably lost more under the Social Credit government in B.C. than any other group. "I hope that this defeat will result in alleviation of the damage effected by the previous government's educa'ional policies and boost would spur exploration REGINA (CP) Premier Allan Blakeney said here any price increase in Alberta natural gas delivered to Saskatchewan could have an advantageous effect by 'encouraging more exploration. "If well head prices for gas are increasing as stories out o! t Alberla suggest, then explora tion for gas would be encour aged ar.d this might have an advantageous Mr Blakeney told a news confer ence. He said substantial amount, of Alberta natural gas are pur chased by Saskatchewan Pov, cr Corporation through Tran. Canada Pipelines. A price increase likely vvculi more independen 1 exploration because of a "gen 1 eral policy" that SPC will bu o all gas that is available in th province. The premier said Saskatche wan has some gas reserve which were uneconomical t i- develop and "1 don't know a what threshold they might [1 come economic." "And I'm sure there ar other fields to ba discovered.' power need report completed VANCOUVER (CP) The British Columbia Energy Board has compleled ils reporl on the province's power needs io 1990, board chairman Dr Gordon Shrum said Thursday. He expecled the documen would be in the government's hands in about two weeks. The board has been deliberat ing on recommendations mad by Jack Sexton of Montrca Engineering Co., its consul tants, he said. Dr. Shrum, who is also hea of the Crown Corporation B.C Hydro, said that the findings o the board had been "tidiei up" and sent to the printer. H declined to say what was in th report, saying that release a the report would be up to th provincial government. The report v.'as ordered b Premier W. A. C. Bennett i and was expected to b completed early this yea However, there were delays e the technical studies and the s board members were not ab H to meet to consider them unl y this RELEASE WALLACE BIRMINGHAM, Ala. (AP) -An aide to Alabama Gov George C. Wallace says doctor. at Spain Rehabilitation Centre plan to release Wallace "m later than Thursday." Wallace has been undergoing treatmen for paralysis suffered when h was wounded in an assassina tion attempt Way OCCAStOMAL Ke-OMOSINO. CAI GARY (CP) .50 to 37.50, good lighlwelgh 40. Good feeder heifers 3 35. Hogs average base pnc< to 11 a.m. today on the Calgary livestock rnsrkct wore 375 head, mainly steers and heifers. Trade was HARVESTER ANNOUNCEMENT JS W. R. Fleming Internolional Harvester Company of Canada, Ifmiled, of a recent meeting of the Board of a- Directors, announced the cTec-n tion of William R. Fleming Senior Vice President Marketing. ,j With executive responsibility for a" snlei and marketing functions of Ihe Mr. Flam- AGENCIES 3rd. So. Phone 327-1116 Multiple lilting Service -Exclutive Agent! for BOYCHUCK Construction Ltd. Tnturunce Service IN ADDITION now onnounce Ihe EXPANSION of our APPRAISAL DE-PABTMtNT for Gains Value -Highest cind Beil Use Insurance Appraisal Information call: Norm Bullied Ken Branch Jerry no strictly choice kinds on lofter. HeiCers were steady. Cows sold steady at the week's, lower level. Choice steers 32.25 to 33.50, good 31 to 32, medium 30 to 31. Good to low choice heifers 28.7S to 30.30, medium 27.50 to 23.50. Good 2'! .75 to 25.90, medium 23 to 24.50, canr.crs and cutters 19 to 22.50. Replacements were scarce, being mostly lleshy short-keep steers, weighing 850 to 950 pounds, selling at firm farmers ge'i cash grant OTTAWA (CP) A cas grant of 5400 will bs paid to a armers in Quebec and Ontar land is in a rain-dair ged area. The grant was announced ti ay by federal Agriculture Mil ster H. A. Olson. About farmers wi ualify for the paymen vlietlicr or not they actual offered crop damage then elves. The total cost of tt emergency program is e :ectcd to be million. About 30 Quebec counties from Mcgantic in the east Galineau in the west and t seven southeastern counties Ontario will be included in t designated areas. Those two r gions have experienced mo han twice the normal rainf this summer, washing out eo ar.d other vital i f arrive a penniless o LONDON (Reuter) Twer t ly-five Asians have arrived her from Uganda, some penniies and saying they had been stopp e ed from bringing any mor.e out of the country. Microbiologist Narshi Vac her, arriving at Kpathrow Ai port tvilh Ws wife, daughtc and niece, said Ugandan cu toms officials had taken awa all their tra jelling money. "Officials said there was strict ban on taking Uganda currency out of the country." The arrivals were all Britis passport-holding Asians comin here under an entry vouclw. st system that antedates Uganda v' President Idi Amin's rece a" order for thousands of Asiai a8 living in his country to a by Nov. 7. er The first of the Asians s fectc-d by Amui's order are e pected to arrive here Sept. 11 LQUOR LICENSING ACT (PART 3) (Section 90 (4) NOTICE OF HEARING OF LIQUOR APPLICATION The following noPice is published in accordance wEth tha provisions of The Liquor Licensing Act: 1. The creo comprising of Ihe Village of Barons boundaries being all of that area within the Corporate Umih of the Village of Borons has been designated as a oca option area for the purposes of the above Ad. 2. The llth day of October, 1972, has been set os the date upon which Ihe Board will consider applications for licenses under the above Act, unless prior to that date the Board has received a pelilion sigied by 500 efec ors of the above described local oplion area or 10 per cent of Ihe number of persons named on the latest lists of electors for on e ection of a member or members to the legislative Assembly from Ihe area compr s ng Ihe local option area, whichever ii the lesser number, requesting that Ihe L eutenanl Governor in Count! submit1 1o a vote of the e! eel ors of the local option area a question Tn respect of ihe class of license applied for. Dated al Edmonton, this 1 8lh day of August, 1972. A. D. ELLIOTT Chairman The Alberta Liquor Control Board hlOTEi Petitions request ng a plebiscite vole must be on the official petilion forms which may be obtained from The Alberla Liquor Control Board, 12360 1 47 Stree Edmonton, T5J 2R4, logether wilh instructions for the submission of a There were insufficient ;ood stock calves on offer to establish quotations. Good feeder 750 pounds Dollar value 'v MONTREAL (CP) Unite y States dollar in terms of Can dian funds unchanged at 5-1S foday. Pound sterling up 16 at o NEW YORK (CP) Can r dian dollar down 1-64 at n 23-32 in terms of U.S. fund [t Pound sterling up 1-64 at e T x- Lawyers S polled 011 ie A abortion MONTREAL (CP) Almo three-quarters of Canadian la m yers questioned Bt the Can dian Bar Association meeti icre Wednesday would deny married woman living with h :iusbanci the right to an abc ticn without his consent. lie The lawyers, answering a er- part association questioraiai a on abortion and legal rights f de the unborn, voted 56-21 in by of seeking HIP husband's t eft proval before having the fe iry aborted, na A majority also agreed tr. is- legislators rhould enact a d he ration "of the time at which man life prices EDMONTON (CPi Average prices to 11 a.m. provide< by the Alberta Hog Producers Marketing Board: Edmonton: 35.90, average Thursday 35.63. Red Deer: 35.90, average Thursday 35.59. Calgary: 35.90, averag Thursday 33.69. Lefhbridne: N i 1, avcrag Thursday Lloydminstcr: Nil, averag Thursday 35.34. Fort Macleod: Nil, averag Thursday 35.59. Grande Prairie: 35.15, av erage Thursday 34.79. Fairview: Nil, averag Thursday nil. Total hogs sold to 11 a.m Total Thursday A erage 35.60. Sows T SAND f GRAVEL k. ASPHALT I TOLLESTRUP 4 r SAND AND GRAVEL W Construction Co. Ltd. V PHONE .ro k ing brings to Ihii new post, cr covers of the truck, farm, construction A and industrial equipment Since joinina the company In A Montreal Tn Mr. ffeming of a violent thund storm, thieves broke into church near Rome and ma off with artworks valued priests at 51.7 million. The th of paintings, a Hth centi Vvooden figure of the Mador and ntiier art works, was covered by tw.i priests at Churcii of or Beef futures p-us WINNIPEG (CP) Live b( futures close Thursday, lat Sep 34.00A Nov 34.! :fi- Jan 34.75N; May 33.38 m- Wednesday's volume: Fi' he wai released to 1hc IH _ Overseas Division for assignment Io Great Britafn. Tn 7965 he re-t tirrned to Canada as Director of Sales and tha following year, was elecled to the Beard of rectors and Vice President, ;