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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 10, 1971, Lethbridge, Alberta Friday, Srpitmbtr 10, 1971 THE LETHBRIDGE HERALD 19 workers Calgary, Montreal (Supplied by Doherty, Itoadhcruse and McCuaig) LAST KID OR Weaker evident TORONTO (CP) The Toronto stock market turned fractionally lower in mid-morning trading today, interrupting six successive advancing sessions. On index, industrials dropped .28 lo 178.98, base metals .55 to 89.54 and western oils .57 to 240.95. Golds rose .11 to 175.05. Volume by 11 a.m. was shares, up from al the same time Thursday. Losses outnumbered gains 120 to 87 with 204 issues unchanged. Weakest sectors were oil refining, real estate and steels. Among declining issues, Du-Pont was down to Moore. to Bow Valley to Imperial Oil Hi to White Pass and Yukon Vi to end Keeprite Products Vi to "4. Denison dropped lo Belhlehem to Brameda five cents to Scurry-Rainbow to Numac Vi to and Northgate 10 cents lo ?7.50. Slater Walker rose to Bell V, to Seagrams Vt lo Canadian Imperial Bank Vi to and Union Carbide Vi lo MONTREAL (CP) Prices fell moderately in all sectors in light trading on the Montreal slock market today. Combined volume on Ihe Montreal and Canadian today exchanges at 11 a.m. was shares, compared with at the same time Thursday. On index, industrials dropped .71 lo 186.56, the composite 56 to 183.58, papers .29 to 79.91, banks .28 to 215.16 and utilities .17 to 153.42. On the Montreal exchange, Falconbridge slipped to Credit Fonder to Denison Mines to Dominion Stores V, to and Stelco lo Toronto Dominion advanced 'A to Northern and Central Gas 'A to CHUM Vi to QSP Vt to and Massey-Ferguson Vn to On the Canadian exchange, Whiterock Estates rose 5-i to and RED to Ahed Music lost to NEW YORK (AP) Profit taking continued to eat into recent stock market gains today as prices fell in moderate trading. The noon Dow Jones average of 30 industrials was down 6.87" at 909.02. Among issues traded on the New York Stock Exchange declines led advances by nearly 3 lo 1. Brokers said the profit taking was normal and constructive. Some analysts said that despite the slide Ihe market could be preparing for further attempts to advance. One analyst said nervous traders were lightening their portfolios because of uncertainly about phase two of the administration's economic program. He said it might lake some time to absorb the supply of stock available now. Most slock categories were lower. The Associated Press 60-stock average was otr 2.0 to 332.9 at noon, with industrials down 3.4 rails off 1.0 and utilities down Among Canadians, Dome was off at and Distillers Vt at Off were Alcan at ?1BH, Genstar at Inco at and Masscy at On Ihe American exchange Scurry was off t Jupiter was up at Off Va were Brascan at and Javelin at OILS Hud Bay Oil Pfd 57.00 Cmnw Lev 3.49 3 (CP) -A Shigihara said that unless Mclntyre Porcupine and other mines in Western Canada meel the production levels promisee in Iheir contracts they could lose the current sales to Japan. Mr. Shigihara said better production can be achieved by employing experienced miners and Japan has a surplus of experienced miners willing to come to Canada. Earlier this week, spokesmen for Japanese coal importers said in V? xmver that Japan will sign no further contracts until Western Canadian mines start meeting existing contracts and existing contracts may have to he reduced if the mines "can't fulfill their contracts." The major criticism has been directed at Mclntyre Porcupine, now working on a two-million-ton-a-year contract, and Kaiser Resources Ltd., working on a five-million-ton-a-year contract. The two mines are reported to be as much as 30 per cent behind required production. East Get s.40 Husky Ol Asarnera 1B.50 Husky Oil Ashland Oil H.37W Husky Oil V B. P. Oil, Gas fi.BS Prov. Cdn Soulhern Inter Prov, Cdn Export Gas Joutel Cdn Home. 10.35 Kaiser Cdn Home Pfd 50.00 Kam Kolla Cdn Ind Gas 11. id uake Dulau Cdn Long Is. .62 L. Ont. Per Cdn Superior 44.0D M.G.F. Ma Central Del Rio 16.75 Charter 5.70 pacific Pet Chleltan 7.35 Rank Oroer Dome Pete 36-75 Selkirk Hoi Dynamic Pele 1.18 shell Can. Great Plains 33.75 shell Inv. F Lochiel Expl. 1.10 shell Inv. Mill City 1.85 sicks New Cent. .71 Teledyne North Cdn Oil 6.65 Wcsl Cdn S Numac 12.25 Whltepass Permo .43 B1 Petrol 1 M Plnnacle .63 Karons 01 Place Gas Norlh Conl Ponder 46 Madison Ranger 13.37% West Warn SpoonerRaIri" "u? PIPELIN wS Simula I'll MISCELLANEOUS Cdn W Na INDUSTRIES Inland Nat Agra Indus. 9.00 N and C Alco Indus. N and c Aqualaine 2OD Pacific Gas Bril Nfld 5 25 Gf" MelrD Cdn Brew A 39.75 Gaz Metro Cdn Brew B 35 50 Tr Cdn P Cdn Hydro Car 14.75 Tr Cdn P Cdn Occidental 1000 Tr Cdn p Cdn Pacific Inv. 25.50 Tr Cdn p CPR PFd. A 11. 5D WC Trans Crowsnest 2J 50 Western Pa Cygnus A 6.00 MUTUAL Cyqnus B 6.M All Cdn Cc Gt. Cdn Oil 5.40 AH Cdn 01 Gt. Cdn 6-75 100.00 All Cdn Vfi Home Oil A 34.50 Amr Gr F Home Oil B 36.75 AGF Specia Home and Pit. 2.45 Cdn Invest Hudson Bay Co 19.25 col Mutual Hudson Bay Oil 46.35 Comnw Inle Toronto mim Supplied by LAST BID a.m. Quotes) nvoo a. MINES Noranda Acme .79 Norlligale Advocate Asb. 200 Norlex Akailcho .1 Opemiska Black Bay .M Osisko Bralorne 1.B5 Pallno Brouian .35 Pine Point Befnlefiem 20.25 Placer Dev. Brunswick 4.60 P-C. Exp. Canada Tung. 1.54 Quebec Mar Cassiar 2D.50 Rayrock Central Pat. 2.05 Radiore Chjmo 1.2! Rio Algom Conwes! 8.50 Roman Corp Cnns. Rambler 1.71 Sherrllt Go Coin Lake .13 Silver Mil e Cochenour .35 Sleep Rock Cralgmcnt 8.EO Tck Corp Invesl S T S.72 5.70 'Id B 4250 DreylUS P U.S. 12.5513.75 Yer B 35 G rln Shares 3.56 3.91 Pipe 12 75 Gr Eqully 6.41 7.04 Steel Invest Gr F 10.9711.93 Invesl Mutual 5.46 S'OO MUIUSI Ac 5.50 6.0S 45 MulUfll Gr F 5.33 5.66 1 1ADO Nat Res 7.46 B.I 5 N W Fin .08% Comlnco Maclnlyre 62.00 Cons Bath Mela .09% Cons Gas Midrim .SO Dlst Gca Inlern Mogul 9.00 Dom Bridge New West Home fl.50 Oomlar New Alhona .14 Dom Textile New Calumet .31 Dom Stores Wte. Horse Copper 2.35 Dome pete New Yoi Supplied by Richardso Amr T and T 43.12% Sears Anaconda 15.37% Std Oil 00 Sears 24.25 12 iO Sleel of Can 26.i2'-'z 19.25 Selkirk A 1S.50 19.00 Texaco 35.00 Traders Gp A 13.50 675 Trans Mln PD 23.50 Trans Can Pp 36.75 B 3 70 Unoon Gas is. 50 26.25 Union Oil 48.00 12 50 Versatile Mfg 3.75 3] 50 Weslecl 1100 1 270 Union Car 16.00 SO Western's 0 17-25 2375 Woodward's A 23.75 7 '0 West Cdn Srf 4.50 21.12V7 BANKS Can Imperial 12 1716 Monlreal 16.62Va 18.75 Nova Scolia 38.75 13 00 Royal 2B 00 36.87Vj Tor-Dom 26.1 2 stocks n Securities of Canada 92.50 20 Golds 174.91 off .03 N.J. 73.37'A 10 Base Met B9.4i otf fi3 15 W Oils 110.61 oM .51 33.37V? Volume YORK AVERAGES 51.50 30 Indus! 90946 off 643 Elcc 93.00 20 Rails 244.69 otf 2.71 31.I3Va 15 UNIilics 112.70 up probe shooting death of 18-year-old SUPPLIERS It is estimated that by 1975 Canada and the United Stales will supply 50 per cenl of Ihe European Economic Community's pulp Widt. ll Jnmn Slml W, 136, THIRD CLASS STEAM ENGINEER IMPERIAL OIL Requires A Third Class Steam Engineer to work in a high pres-fure steam plant located near Cold Lake, Alberta. Only applicants with steam experience need apply. Salary mensurale with experience. Applicant) should reply lo J. M, Glennie, Employee Relations, Producing Department, Imperial Oil Limited, 10025 Jasper Avenue, robbed ofS SUMMERSIDE, P.E.I. Police pressed their invest! pation today into the theft o S4H.H7 from a bank in this western Prince Edward Island town of Nation-wide warrants were is sued for two young employees of the bank who police said were among bank staff mem bers who knew the combination to a series of doors and vaults inside the branch of the Canadian Imperial Bank of Com merce. Warrents were issued for the arrest of Archibald Alexander MacLeod 28, and William Angus MacDonald 29, both of Summer-side. Few details of the theft were released. Police said the theft occurred jetween 6 and p.m. Wednesday, but was not discovered until Thursday afternoon. Branch manager Henry Swift said MacDonald and MacLeod knew Uie various combinations and when they did not report for work Thursday morning the hank had lo get in touch with Ihe regional ead office in Hali-faxwhic h has all combinations on file. This delayed the opening of Ihe vaults. Belli MacLeod and Mac-Donald are married. MacLeod, son of a protcstant clergyman, ias two children. MacDonald, a native of New Gasgow, N.S., has four. Police said bolh families were in Siimmcrside Alia. (CP) Police today are investigating the shooting death of Victoria Lee Paisley, 18, Wednesday night on the Canadian Forces Base here. She was shot in the head with a .22-calibre rifle following an argument. No charges have been laid buf. a 15-year-old boy has been taken into custody. Penhold is just outside Red Deer. Texas Co Comsat 63.75 Cor Dupont 156.12% Woalworlh GM 83.12% Weslinghous Gulf 29.00 U.S. Steel Kenn Copper 32.12% TORONTO Monlgomery Ward 20 Induit off .64 Volume force I to take long WINNIPEG (CP) The driver of a Winnipeg transit bus was forced at knifepoint lo take three young men to Portage la Prairie early Thursday. Police are searching for the men, believed to be hitchliikers, who forced Rene Aimc Lamoureux to take a 55-mdle side trip from his Winnipeg route. As the bus ncarcd Porlage, Mr. Lamoureux persuaded Uie men it was running oul of gas. He gently pumped the brake pedal and caused a red light to flash on Uie dash. IE an interview, Uie bus driver said Ihe men, carrying pack-sacks, got on at Ihe end o[ his suburban run. "They asked me which way I uas going. Then they told me which way lo go. I saw Ihe knife, then 1 said 'OK1 That's the way we go.' He said he thought it was driver side trip joke until he saw the foot-long knife. Alter they got off the bus, Mr, Lamoureux said he slammed the door and roared off lo the Portage police stalion. "I tell you I was some shook up. They took about and some change. I got a scratched arm out of the whole ho said. The 34 year old bus driver said the 55-mile trip "seemed to be the longest bus ride I ever prices EDMONTON (CP) Avera- Executive Driven Automobiles Both cars are fully equipped including air conditioning with automatic temperature control. Trades Accepted the Alberta Hog Producers Marketing board: Edmoton: No sales. Average Thursday 23.83. Red Deer: No sales. Average Thursday 23.11. Calgary: 23.15. Average Thursday 22.78. Lethbridge: No sales. Average Thursday 22.71. Lloydminster: No sales. Average Thursday Total hogs sold 280. Total sold Thursday Average 23.50. Sows average 12.92. I97i 4 Door Hardtop TO VIEV TOYOTA TRA Located at General Farm PHONE OPEN WEEKDAY LINCOLN 4 Door Hardtop 1 V-CAU VEL (CP) Lire licof futures Thursday: Open High Low Close Sop 32.75 32.75A Nov 32.01B .Inn .1I.45B Mar SALE! are overstocked on Vi inch washed gravel. This gravel ii excellent for roads, parking areoi, driveways, etc. Reg. Price cu. yd. SALE PRICE TOLLESTRUP SAND and GRAVEL CO. Ph. 327-4280 Hospital Services Commission HOSPITALS ENGINEER II Required immediately, for administrative duties in tho planning and construction division, a fully qualified posifion will cnlail spccifi coiling of hospital, medmnka lions systems and equipment knowledge of thcso systems. Salary Rango VALUE MONTREAL (CP) U.S. dol-Inr in terms of Canadian funds iip 1-.12 Hi 19-32. Pound sterling unchanged at electrical, and coniniumca-and will call for intimate r monlli depending on TO: ASSISTANT SECRETARY OF THE COMMISSION, 6lh Floor, 9912 107 Slrcot, Edmonlon, 27-3 165 "JINGS UNTIL 9 YORK (CD-Canadian dollar down 3-W at 27-M in terms of U.S. funds. Pound sterling up 1-32 at A general shortage of experi- enced miners and a rapid turn- over of trained slat! also has contributed to production dis- ruption. "Canadians won't slay in the coal mines even if they have had mining experience in East- ern a provincial gov- crnmenl mining spokesman said. A Mclntyre Porcupine spokes- man said the company has had to look to many other countries because of the shortage of quali- fied miners. "The 40 Japanese miners are just another example ol our de- sire lo find qualified he said. The company also work- ing with Ihe provincial division of vocational education to train miners. II placed an advertisement In the Calgary Herald Thursday offering an cighl-week training program with free tuition and a training allowance. Preference would be given to married men I'jicier the age ol 40 who were Albcrla residents. Grain price review Winnipeg Grain WINNIPEG (CP) Rape- seed prices were lower on mod- erate hedge selling at mid ses- sion on the Winnipeg Grain Ex- change today while other com- modities were slightly lower in a light volume of trade. Volume of trade Thursday was bushels of flax, of rapesecd and 000 of rye. MID-SESSION Flax: Ocl. IVi lower 2.27; Nov. li lower 2.MA; Dec. lower May lower Rapeseed Vancouver: Sep. lower 2.70S; Nov. 3Vi lower 2.64VzA; Jan. 1% lower 2.63V4; March lower 2.61V4A. Rapeseed Thunder Bay: Oct. IVi lower 2.51 Dec. 1% lower May 1% lower 2.58TaA. Oats: Oct. lower Dec. lower 65A; May lower Barley: Ocl. unchanged l.OiyjB; Dec. higher 1.03V4B; May Va higher I.03V4. Rye: Ocl. unchanged 893iB; Dec. lower ST'.'s; May low- er Egg prices EDMONTON TCP) egg and poultry report issued by the Alberta department of agriculture: To producers: A large 37; A mediuLi 29; A small 15; BIO; C 6; cracks 6. To retailers: A large 49-50; A medium 4H3; A small 2627; B27-28; C 22-23; cracks 22-23. To consumers (in A large 50; A medium 45; A small 33-38. POULTRY To producers: Live No. 1 22; fowl under Turkey under 12, 2SV4; live No. 2 chicken broilers, 19; turkey under 12, 2214. High Low Close ..Flax Ocl 227'i 22fi% 226% Nov 223 227% Dee Z2R, 225'i 225% May 234% 234'i Rapcsml Vancouver Sep 269'i 269% 2S9% Nov 207 265 .Ian 202 203% Mar 261Va Hapesccrt Thunder Bay Ocl 252% 250% 251% Dec 252% 251 251 May 259 !k 25S'.z 258V4 Oats Oct 65'.k 654 65% Dec 65'4 65 65 May 66 66 Barley Oct ]04'i IM'e 104% Dec 103% 103% 103V2 May 103% 103% 103'.z Rye Ocl 91 90 90 Dec 89'8 117'z May 92 Potato futures WINNIPEG (CP) Maritime potato futures Thursday: Open High Low Close Nov 2.25N Mar 2. CON Apr 2.6BN7 Mav 3.05A School hoard slays iii ASTA CALGARY (CP) The Cal- gary public school board re- versed an earlier decision and have voted to remain in the Alberta School Trustees Asso- ciation. The board decided June 22 to leave the association because the annual membership fee was considered too high for I thfc benefits received. But trustee Scott Saville. who voted last Spring lo leave the association, said he was willing to give the provincial group an- othc-r chance. "With the knowledge that Ihere are still some defects in I Uie organization we must all try to take action to move the ASTA into the mainstream of educational policy-making." Another trustee, Deloy Sal- lenback, said research conduct- ed by the Calgary board was duplicating thai done by ASTA and Ihe cause of such repetition might lie with the board. have nothing to gain by opting out of something we can benefit, from." INTEREST twice a year, SAFETY 'all the year when you open a Lombard Bank Deposit Account. A Dank Deposit Account Lombard provides a good rale of interest, will) complete lo financial peace of mind. Deposits al 6 months' notice of nilhdrim al can earn 7 interest per niiinmi, but you cnn withdraw !o on demand during each calendar year. Inlcresl is paid half- yearly without dodticlion of U.K. tax. TIME DEPOSIT of and over can earn higher rales of interest for fixed periods. Details arc1 available on request. Lombard is a member of the National Westminster Bank Croup whose Capital Reserves exceed Opening an Accounl is simplicity ilsclf, so write now lo Ihe Gcnci.il Manager lor further details and of Deposit Accounl Dookkl No. AO. 6. LOMBARD BANKING LTMIlLn HraiiOfllcr: LOMBARD HOUSI', CTR7.ON ST., IA IKl', 1VI: 01-144 41II M LOMBARD M.C..1, I1NGIAISD.Tel: 01-623 4111 ;