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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 15, 1970, Lethbridge, Alberta Trend Is Down In Early Trade TORONTO (CP) The To- ronto stock market turned mod- erately downward in light mid- morning trading today, inter- rupting two consecutive advanc- ing sessions. On index, industrials dropped .48 to 162.23, golds .08 to 167.12, base metals .46 to 95.91 and western oils 3.49 to 174.58. Volume by 1 a.m. was shares, compared with at the same time Monday. Losses outnumbered gains 135 to 64 with 172 issues unchanged. Among declining issues, Investors Overseas was down IVt to Texas Gulf Sulphur 1 to Chrysler to Incb to Aquitaine tc Asantera to Al berta Eastern Gas 15 cents tc and Numac 10 cents t Huron and Erie rose to Canadian Industrial Gas Vs to and Bell Va to 4314. MIXED MONTREAL (CP) Trading was light in mixed activib early today on the Montrea stock market. Canada Cement gained tc Melchers Vi to and Ivaco Vs to Moore Corp fell Vz to 531V2 and IOS Ltd. 20 cents to Among senior mines and oils Falconbridge Inco declined to to and NA Railway Restores Run GRANDE PRAIRIE (CP) Service on the Northern Al- berta Railway mainline be- tween Grande Prairie and Dawson Creek, B.C. was re- stored Mcnday. Derailment of 11 cars of a 20-car freight train occurred Saturday. The derailment occurred when the train collided with a truck driven by Carl Hommy of Dawson Creek. Mr. Hommy and a passenger whose name was not released jumped -to safety moments before the col- lision. No one on the train was in- jured in the collision at a level near Pouce Coupe B.C., about 10 miles southeast of Dawson Creek near the Al- berta-B.C. border. WAR general manager Ken Perry said 800 feet of track was torn up, one car carrying diesel fuel was overturned and 10 others left the track. Although traffic has resumed at a reduced speed over the de- railment site, final repairs will not be completed for several days, Mr: Perry said. One Less Teacher COALDALE (HNS) Sister Imelda Tooniey, principal at the St. Joseph's Sep a r a t e School, reports a teaching staff cut of one at the school this term. Grades 5 and 6 have been confined into one classroom. Total enrolment recently was 185. There are 121 in elemen- tary. Of this 19 are beginners. The junior high section has 64 students. The new Social Studies courses are being taught. Aquitaine to Among speculative mining is- sues oil the Canadian Stock Ex- change, Karly Bird Mines was voluntarily suspended from trading until the company's shares cease to be in primary distribution. The stock closed Monday at 53 cents, up three cents from Fri- day's close. The company has announced an underwriting and option agreement with West Coast Securities of Vancouver. On index, industrials were off .80 to 163.87, banks .92 to 177.23 and the composite .61 to 160.30. Utilities were up .19 to 135.63 and papers .04 to 89.08. Combined volume on the Montreal and Canadian Stock Exchanges was shares at 11 a.m. compared with at the same time Mon- day. PLUNGE IfEW YORK (AP) Bad news rained on Wall Street to- day as prices plunged on a broad front in moderate trad- ing. The United Auto Workers strike against General Motors created the biggest storm. GM officials predicted it could last six to eight weeks. At noon the Dow Jones aver- age of 30 industrial stocks was down 6.98 points to 750.14. Declining issues held a 7-to-l lead over advances on the New York Stock Exchange. Analysts said the effects of the strike could hs most dis- turbing if it continued more than 10 weeks. It is almost certain to destroy any gains in the U.S. real gross national product in Hie third quarter, they added. General Motors stock was off IVt at At noon the Associated Press 60-stocfc index was off 2.5 at 249.8. Prices included Mohawk Data Sciences off 1% at 31; Avon Products off 1% at 70; Compu- ter Sciences off at and Occidental Petroleum off at !0. Among Canadians, Dome rose to Canadian Pacific was lower at and In- ternational Nickel off at Granby fell to and Dis- tillers Seagrams to On the American Stock Ex- change, Jupiter Corp. was up LIVESTOCK Lethbridge Livestock (Supplied by Canada Department of Agriculture) On offer to 11 a.m. 150 cattle Receipts mostly slaughter cattle. Trade active. Good to low choice butcher steers gen- erally steady. Good and choice butcher heifers 25 cents more higher. Quality and con- dition considered. Medium and good cows 25 to 50 higher. Me- dium and good replacement cattle selling fully steady. Low choice steers 28 to 28.40; good 27.50 to 28; medium 26 to 27.60, Choice heifers: 25.25 to 23.30; good 24.25 to 25; medium 23 to 24. Good cows 21 to 22; medium 19.50 to 20.50; canners and cut- ters 16 to 19. Good feeder heifers 27 to 29.50. Butcher hogs sold Monday t.o.b. Lethbridge 25.75 to 26.10 base price. Calgary Livestock CALGAHY (CP) Receipts to 11 a.m., about head, mostly all good and choice slaughter steers and heifers. Trade was active with a good local and out-of-province de- mand. Slaughter steers sold barely steady with the odd sale to 28.80. Heifers sold fully steady, sales to 26.50. Cows were scarce and selling at steady prices, bulls steady. Choice steers 28 to 28.60, good 27 to 28, medium 26 to 27. Choice heifers 25.50 to 26.40, good 24.50 to 25.25, medium 23.25 to 21.25. Good cows 21.25 22, medium 20 to 21, canners and cutters 18 to 19.75. Good bulls 25.50 to -a. Replace ment cattle were mostly heavy fleshy steers sell- ing at steady prices. Three loads of two-year-old steers weighing to Ibs. sold 28.60 to 29.60. Good feeder steers 750 Ibs. and up, 28 to 29.80. No stock or slaugh- ter calves on offer. Hogs base price 25.55. lost Scurry Rainbow OU Hog Prices EDMONTON (CP) Hog slices at 11 a.m. today pro- vided by (he Alberta Hog Pro- ducers Marketing Board: Edmonton: Quoted 25.50 to 25.55, selling 25.55. Average Monday 25.83. Red Deer: Quoted 25.50 to 25.60, selling 25.60. Average Monday 26.10. Calgary: Quoted 25.55. Aver- age Monday 26.16. Lethbridge: No sales. Aver- age Monday 25.91. Egg Prices EDMONTON (CP) Weekly egg and poultry report issued by the Alberta department of agriculture: EGGS To producers: A large 39; A medium 29; small 14; B 17; C 5; Cracks 10. To retailers: A large 51 to 52; A medium 40 to 41; A small 25 to 26; B 31 to 32; C 20 to 21; cracks 23 to 24. (Two cents ex- tra in cartons.) To consumers (in A large 55 to A medium 44 to 45; A small 29 to 33. POULTRY To producers: live No. 1 chicken broilers, Fowl under 4, 5. Turkey under 12, 23K; 12 to 18, over 18, 24. Live No. 2 chicken broil- ers, 17. Turkey under 12, 12 to 18, over 18, 22. Lloydminster: No sales. Av- erage Monday 25.50. Sows 16.14; 693 hogs sold to 1 a.m. Monday's sales province average 25.93. When trainer George Poole trained Hall of Fame for Green- tree Stable he wore the same suit, tiey shoes and socks on days when the horse won four stakes races within several weeks. MISCELLANEOUS QUOTATIONS Vancouver, Calgary, Montreal (Supplied by Dohcrty, Roadhause and McCuaig) LAST BID OR SALE a.m. Quotes) a.m. Quotes) i.m. QuoteO WESTERN OILS Almlnex Asamera Banff....... BP Oil Gas Can South Cdn Ex Ga> Cdn Grldoll Cdn Homesfd Cdn Ind Gas Cdn Long Is Cdn Super Cen Del Rio Charter Chleftan Dome Pete Dynamic Pcta French Pela Gr Plains Mill Clly..... Mew Cont North Cdn Oil Numac Permo Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Spooner...... West Deceits Husky Oil War Inter Prov Intl Utll Pfd Inter Steel Jefferson Lake Joutet Kaiser Res Kam Kotla L Ont Port Cem. 10.12'A Mentor....... .73 Newcontx 34.50 Pacific Rank Org Shell Inv Shell Inv Pfd Shell Inv Wit Sicks Rainier Wesf Cdn Seed White Yukon CALGARY Acroll Ana Pete..... Barons Oil North Cont Plains Pete West Warner Madison Qulnalta...... Rexdale 5.30 16.25 11.50 4.85 4.15 4.70 9.00 6.-15 11.75 6.40 8.45 60.00 1.35 6.65 25.50 1.75 1.09 6.50 1.22 5.95 Cmnw Inter 12.12'A Corp Invest 30 50 Corn In St F 700 Dreyfus F U.S. 10.35 11.3. 1025 Gr Equity 5.61 6.' LIB Gr In Slum l.m 3. 1175 Invest Gr 9.6010.5 180 Invest Mutuil J.BI 5.2 'OS Vent 52 Mutual Ac P ft 10 Mutual Gr P 3725 Mutual In Nat Res 30M Principal Gr Pund 10.75 !1.87'A 1.61 5.95 MISCELLANEOUS INDUSTRIALS Ako Ind 11.00 Aquatalna 23.50 Brit Nfld......4.70 Cdn Brew A Pfd 29.25 .06 .10 PIPELINE STOCKS Croyden Alia Gas Tr L A 46.87'A 28.6214 12 87'A A'm Unitcd Ac Universal Sav VANCOUVER Anuk Arctic Mining Atlas Explor Beth COpper Bornlto Block Bros Brenda B.C. sugar Capt Inter Churchill Copper Crestbri 3.20 3.5 4.64 5.1 3.93 t.iS 5.01 6.67 7.2 3.63 3.9 7.64 8.3 4.83 4.9 4.19 4.60 6.52 7.1 17.00 1.01 .07 .06 ik For Ind 6.00 .........26 Alia Gas Tr L Pfd 70.00 Alia Gas (Nat) 2S.50 Cdn W Nat Gas 14.50 Inland Nat Gat 10.25 N and c 13.00 N and C B Pfd 28.00 Cdn Hydro Car 15.12V! Pacific Tr 12.00 Cdn Pac Inv Gas Metro 4.30 CPR Pfd Nest Ind Cygnus A Cygnus B Gt Cdn OH S Gt Cdn Oil 6-75. 100.00 8.25 49.00 5.00 5.75 Home A _ Horns B..... Home Pltfld Hud Bay Co Hud Bay Oil Hud Bay Pfd Huph Russ iky Oil 18.50 19.25 2.30 15.00 41.25 56.50 20.00 12.25 Husky Oil B Ptd 37.00 Tr Cdn Pipe 29.50 Tr Cdn P Pfd 39.50 Tr Cdn P Ptd A 55.50 Tr Cdn P War 9.10 Westcoast Tr 19 50 Western Pacific 4.65 MUTUAL FUNDS AGF Special 2.12 All Cdn Corn All Cdn DIvid All Cdn Vent Amr Gr F Cdn Gr Cdn Invest Col Mutual Endako Fort Giant Mascot Granisle........ Key Indust Hy's Interior Brew Jericho Kamloops Copper Lornex Lytton Minerals Madrona' New Cronln New Imp Mines Primer Pyramid...... 6.45 7.05 Silver Standard 7.4t5 S.15 T C Explor 3.25 3.55 4.31 4.73 Western Mines 4.97 5.46 Westcoast Res F 4.18 d.SB Western Explor 5.24 5.75 Utica .32 3.00 4.30 .10V .10 8.80 2.65 .33 .07V 1.95 .16 .38 1.60 TORONTO MINES, INDUSTRIALS Supplied by Richardson Securities of Canada LAST BID OR SALE a.m. Quotes) a.m. Quotes) a.m. Quotes) INDUSTRIALS Abltibi Alcan Algama Steel Atco Ind Atten Sugar Bell Tel Brazil Trac B.C. Tel Burns B.C. Forest B.C. Sugar CAE Ind Cdn Cnemcell Col Cellulose Cal Power Coron Credit CWN Gas Cctn Jndust Canada S S Cdn Marconi Cdn Vickers Chrysler CPR....... Comlnco Cons Bath Cons Gas Dist Sea Dom Bridge Dom Textile Dom Stores Dome Pete Fam Play Fd of Amer Gt Cdn Oil Gen Motors Gt Lakes Pap Gulf Ail Cda Hawker Sid Huron, Erie Hiram Walk Imperial oil Imerlal Tob Int Nickel Int Pipe..... nv Gp A nt Utilities ndust Accept .aurentide Kelly Doug A Loeb....... Loblaw A Metro Stores isey Ferg McMillan Bioe Moore Corp Molsons A Wolsons B 7.50 North, Cent 22.50 Pemblna Pp Power Cdrp 11.00' Price'Co 6.6VA Rothmans St Law Corp 15.00 Shell CDA 61.00 Simpson's B.50 Sin-.p Sears 24.50 Steel of Can is.oo Selkirk A 4.45 Texaco...... 7-75 Traders Gp A 4.B5 Trans Mtn Pp Trans Can Pp 24.50 Union Gas i.os Union Oil 10.25 Versatile Mfg Wesfeel 24.00 Union Car Weston's B Woodward's A West Cdn Sd Zenith Elec BANKS Can Imperial Monlreal..... Nova Scotia Royal Tor-Dom..... MINES 3.25 5.00 54.25 59.00 21.50 10.75 17.00 47.00 16.00 13.50 13.62V2 9.75 17.75 29.50 U.OO 35.00 3.25 9.25 13.50 21.75 16.75 2.10 1.55 20.50 15.25 19.25 70.00 50.25 4.30 69.75 19.00 16.75 2.10 16.00 .41.00 17.50 14.50 Advocate Asb. Akaltcno..... Area Mines Belcher Iron Black Bay Bralorne..... Broulan...... Bethlehem Brunswick Canada Cassiar Central Pat. Chimo...... Conwest..... 7.25, Cons. Rambler 28.50 Coin" Lake Cochenour 4.BQ Craigmont Dickenson Mine 5.5Q Denison Mines 6.00 Deer Horn 24.50 D'Eldona..... 10.00 Dome Mines Donalds..... 31.50 Discovery Mines 14.25 East Malartic 14.00 East Sullivan 13.12V4 Falconbrldge 22.00 Frobex 6.00 First Gunnar....... 11.50 oranduc..... 19.00 Headway R.L. 30.00 Hollinger Hud. Bay M-S 21.00 Hydra Ex..... 22.25 Highland Bell 10.62V4 iron Bay..... 24.00 Iso Joliet Quebec Kerr Addison Key Anacon Labrador Lake Shore Leitch Langis Silver Macassa..... Madsen R.L. Malar-tic G.F. Martin McNeely Maybrun..... Maclntyre Meta........, Midrim....... Intern Mogul New Atriona 20.25 New Calumet New Imperial .07 Noranda 2.10 Northgate .51 Opemiska 1.95 Osisko....... .42 Patino....... .07W pine Point 1.62 Placer Dev. P.C. Exp...... 15.25 Quebec Man 4.55 Rayrock..... 2.15 Radiore 20.87V5 Rio Algom..... 2.65 Roman Corp. 1.22 Silverfields 11.50 Sherritf Gordon .86 silver Miller .19 Steep Rock .58 Slscoe Tek Corp..... 1.50 Texmont..... 23.00 Upper Canada .08 Western Mines 1.05 Wright Har. 59.75 Willroy .24Va Windfall 1.30 Yellowknife Br. 1.20 Zenmac .26 1.07 1.26 8.30 12.25 34.00 20.1216 .20 2.75 3.25 2.03 .24' .32 32.00 3.35 1.45 1.25 .90 .72 22.00 .27 153.00 .18 .33 9.50 .77 .27 2.00 27.75 10.25 12.25 .29 33.00 32.50 33.00 .88 .24 1.35 .33 16.62W 6.05 2.05 18.00 .07 2.90 2-10 4.40 .50 1.76 4.10 1.45 ,1.45 -U 5.65 NEW YORK STOCKS Supplied by Richardson. Securities of Canada Amr T and T 47.12'A Montgomery Ward 26.00 ao Golds off .39 Anaconda 21.50 Sears 45.25 10 Cast Met 95.97 off .JO Bill Steel 22.25 Std Oil1 of N.J. 15 W Oils 175.01 otf 3.01 Chryler 73.37'A Texas Gulf Volume Comsaf 40.B7'A Texas Co J9.S7ViNEW YORK AVERAGES Dupont 119.50 Woolworth 33.00 30 Indust 750.96, off 6U 'enera! Motors 69.75 Westihghouse Elec 65.62Vi 20 Rails 137.41 off 2.15 ulf 27.00 U.S. Steel 31.50 15 Utilities 108.06 off .36 Int Harvester 23.87'A TORONTO AVERAGES 45 Stocks 237.16 off 2.15 Kenn Copper 40.25 20 Indust 161.55 otf .74 Volume Threatened With 'Cement-Shoe Treatment Congratulations Mrs. Elizabeth Dykstra on attaining one million dollars in sales volume through Multiple List- ings. Mrs. Dykstra Is the second salesman In lefhbridge to achieve (his volume and is first to accomplish it in the short time of lass than three years. Shown with Mrs. Dykotra is Mr. A. Fazio, Sales Manager. RoyalTrust 323 7th St. South 328-1761 TORONTO CP) Elizabeth Citron testified Monday she ha been told that Ontario Provin cial Police personnel used Montreal hotel suite maintainei by George Clinton Duke, who she said, once threatened her life. She also said she was told the OPP men vacationed in Duke's apartment at Freeport in the Bahamas. Mrs. Citron, a Burlington, Ont., dress designer, said Duke once threatened her with "the cement-shoe treatment" and said he would be "800 miles away when it happened." She was testifying on the opening day of an inquiry by Mr. Justice Campbell Grant of the Ontario Supreme Court into allegations by Dr. Morton Shul- man, New Democratic Party member of the legislature for Toronto High Park, that senior OPP officers were associating with criminal elements. Mrs. Citron, who said she be- came a fast friend of Mrs. Duke after designing dresses for her, said Mrs. Duke asked her on at least two occasions to accom- pany her to Montreal for a visit to Expo 67. "She mentioned that mem- bers of the Burlington police force had been staying there and OPP" said Mrs. Citron.. FIRST IGNORED THREAT Mrs. Citrofl, who later laid a complaint against Duke, said she first laughed off Ms tlireat to "have me fixed" but began to worry when Mrs. Duke told her he had entertained gangs- ters at their home. She said Airs. Duke named them a.' Red LeBarre and Johnny Papalia. Mrs. Citron said she was told by Mrs. Duke that Duke had friends on the local and provin- cial police forces. 'Clinton is openly entertaining those gaingsters at the plant now, in front of the staff." Mrs. Citron said she had met OPP Superintendent Albert Wil- son at several parties at the Duke home and had been told by Mrs. Duke that Staff Supt. A. M. Rodger also was a frequent visitor. The two are under sus- pension. They face charges of disobey- ing orders to stop associating with Duke and their trial has been postponed until completion of the inquiry. Mrs. Citron testified that Duke once drew a revolver and threatened to kill her unless she stopped seeing Ms wife. She said Duke told her it would be useless to go to the police. MADE BOAST She said he showed her an OPP pin lie was wearing and boasted that he had arranged for the transfer of a constable to Kapuskasing Ont.. after the officer picked him up on an im- paired-driving charge. She said that later Duke apol- ogized and promised not to Dother her again, but he began driving past her door three days atcr. She finally laid a com- plaint of threatening her when telephoned six weeks later and again threatened to kill her. The case was heard last De- cember and Duke was pro- u'bited from possessing fire- arms outside his home and or- dered to keep the peace for six months and post bond of Harvey Dailer, counsel for Jr. Duke, argued unsuccess- fully that the inquiry should be lalted on the grounds it could HJ prejudicial to a libel case in- volving his client. He also argued that the in- was outside the jurisdic- should be carried out by the OPP commissioners. When Mr. Justice Grant disa- greed with him, Mr. Daiter served notice of application for a restraining order from the Ap- peal Court. Mr. Justice Grant said he would continue the hear- ings unless the Appeal Court rules otherwise. Tutlday, Itpt.mb.r 13, THI LETHBRIDGE HERALD 13 Probes Broiler Issue EDMONTON (CP) Alberta Agriculture Minister Henry Rusto plans to bring up the re- cent actions of Quebec and New Brunswick in closing their bor- ders to import of broiler chick- ens from other provinces at a federal-provincial agriculture conference Wednesday. Mr. Rusto told an annual Al- bsrta agriculture department conference Monday he will ask the federal government to take to the Supreme Court of Canada the issue of provinces closing their borders. The Alberta conference Is closed to the press, but a de- partment spokesman said Mr. Ruste had added the informa- tion to a speech previously re- leased. Firm Earns Two Cents A Share CALGARY (CP) Canadian Export Gas and Oil Ltd. had net earnings of or two cents a share for the three months ended July 31, com- pared with or four cents a share for the same pe- riod in 1969. The company reported gross earnings of an in- crease of over last year's total. Grain Prices Winnipeg Grain Prices WINNIPEG (CP) Strong price patterns developed in all jommodities except flax on the Winnipeg Grain Exchange to- day. F1 a x had only a light trade with steady prices while oats and Thunder Bay rapeseed were mostly inactive. Commercial buying and ex- porter demands led the trad- ing with some profit taking in barley. Strength in Vancouver rape- seed, barley and rye was attri- buted to light offerings and substantial buying by commis- sion houses and locals. Prices for Class Two wheat 'or export to countries outside IGA: 1 Nor 2 3 4 1 Durum 1.71% 2 3 4 IGA prices: 1 Nor 2 3 4 1 Durum 2 3 4 Wary Of Pesticides JASPER, Altt. (CP) The public now is inclined to be wary of all chemical pesticides and thinks more about weighing the benefits against the risks and of the possible effects on tho environment, David Spur- geon of Toronto said today. Mr. Spurgeon, Toronto Globe and Mail science reporter and editor of Science Forum, said this view is not confined to chemical pesticides. "More and more scientists, and even technologists them- selves, are beginning to see the results of technology as a mixed blessing that must be carefully analysed." Speaking to the Canadian Ag- ricultural Chemicals Association annual convention. Mr. Spur- geon said the public now is more enlightened and skeptical more involved "More and more manufactur- ers and innovators are going to have to prove that the benefits of their products are worth the :otal cost." He said because of the nature of news, accidents and deaths attributed to pesticides, wildlife alls and reported dangers to lio environment all received more prominence than regular, safe use of pesticides. "It is the only way in which we are going to get progress in :he form of less injurious pesti- cides, for it does lead to an aroused public awareness of dangers they otherwise might not know existed." Mr. Spurgeon was critical of .he press because it had not 'put the record straight" in special articles on pesticides. It is partly because of the nature of newspapers and it Is partly because there tee few qualified and experienced science writers." More trust and co-operation between the agricultural chemi- cal industry and the govern- ment, then- scientists and press was needed. Ships Benefit PARIS (AP) Last-minute wokings on transatlantic liners lave doubled or tripled since ast week's airliner hijackings, company officials said here. :Tie French Line, which han- dles bookings for both the Irance and the Queen Eliza- >eth, 2, said the normal 10 to 20 booking inquiries daily had umped to 40 to 50. Canada Told To Diversify World Trade HALIFAX (CP) Conserva- tive Leader Robert Stanfield said today Canada must diver- sify its international trade and avoid being over dependent on United States markets. He told the annual convention of the Tea and Coffee Associa- tion of Canada there is a danger of "simply being absorbed into a massive North American con- tinental market where we will have little influence and little identity of our own." Mr. Stanfield said he is not sure whether the present level indicates over dependence. About 70 per cent of Canadian trade now is with the U.S. "I beh'eve that if we wish to maintain our political auton- omy, we must not succumb completely to the American em- Mr. Stanfield said. Mr. Stanlield said peaceful trading relations do not imply recognition of approval of the governments involved. Ideological differences "loss some of their -sting" where trade relationships are formed, he said. Canada would likely depend heavily on trade with Britain and Europe in the future. Mr. Stanfield said he does not have the answer to whether Canada should apply for asso- ciate status in the European Economic Community but this might become the most basic question in developing future trade patterns. There should be intensive pub- lic debate at all, levels of society on Canadian trade relations to stimulate development of new policies, Mr. Stanfield said. a an 1003 4th Avenue S., Telephone 328-4426 rocessma Ask for this booklet to learn how you may obtain an IDB loan to assist in starting, modernizing or expanding your business anywhere in Canada. DEVELOPMENT BANK TERM FINANCING FOR CANADIAN BUSINESSES LETHBRIDGE, Alia.: Ave. South-Tel.: 328-9681 i the 1971 Dodge Demon NOW ON DISPLAY "Months lalcr, she told me: j turn" of the and ;