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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 22, 1970, Lethbridge, Alberta Lethbridge Livestock (Supplied by Canada Department of Agriculture) On offer to a.m. 90 cattle. Receipts mostly butcher steers. Trade moderately active. Good and choice butcher steer meeting a fair demand, prices about 25 cents lower. Medium grades steady. Good and choice butcher heifers meeting good demand selling cat stronger prices. Choice steers 27.50 to 28; good 27 to 27.50; medium 26 to 27.50. Choice heifers 25.50 to 25.90; good 25 to 25.50. Butcher hogs sold Monday f.o.b. Lethbridge 27.15 to 27.75 base price. Calgary livestock CALGARY (CP) Receipts to 11 a.m., about head, mostly good to choice slaughter steers and heifers. Trade moderately active on steers, active on heifers and cows. Slaughter steers sold barely steady with heavy and over-finished steel's being sharply discounted. Hsifers around 50 cents higher with over-finished heifers discounted 25 to 50 cents. Cows sold steady and bulls were lower. Choice steers 28.28 to 40, good 27 to 28, medium 26 to 27. Choice heifers 26.50 to 27.10, good 25.25 to 26.25, medium to 25. Good cows 2.50 to 22.40, medium 20 to 21.25, canners an( cutters 7 to 9.50. Good bulls 25 to 26.50. Replacement cattle were mainly heavy fleshy steers selling a t steady prices. G o d d feeder steers 750 Ibs. and up 28 to 30.20, good feeder heifers 650 Ibs. up 26 to 28. No stock or slaughter calves on offer. Hogs base price 26.55 to 26.70 Portland Livestock PORTLAND Ore. (AP) USD A Cattle and calves, receipts Slaughter classes mostly steady after some early sales cows 25 to 50 lower. Indications marketing largest of any so far this year. Slaughter steers good to Ibs 24.75 to 25.80. Slaughter heifers good and choice 24.75 to 27.50. Slaughter cows utility 18 to 20.75. Canner and cutter 15 to 19.25. Bulls, commercial and good, 28 to 30.25. eedcr steers, standard and good. Holsteins to Ibs 23 to QUOTATIONS Vancouver, Calgary, Montreal (Supplied by Doherty, Roadhouse and McCuaig) LAST BID OK SALE a.m. Quolesl a.m. ouoles) Ouoies) WESTERN OILS Husky Oil War 6.-10 Invest Gr 9.62 10.5 Alminos 5.30 tnlcr P P pe W 13714 Invest Muloal iM 5.2 Asamcra mil Ulll Pld ".00 IDS Vent 3.5 Banff 11.25 Inlerprov S and P 4.75 Mutua Ac F 4.67 5.1-B P Oil ond Gas Jullerson Lake 12.00 Mutua Or F 4.07 til Cdn South 4.15 Joutel 1.15 Mutual In 4.58 St. Cdn Export Gas 4.70 Kaiser Res 11.00 Nat Res 4.64 7.2 Cdn Grldoll 7.30 Kam Kolu 1.75 N W Fin 3.54 Oln Homestead 8.50 L Onl Port Cem 1.95 N W Or 4M Cdn Imp 6 and 0 MFG Manage 2.30 Principal Gr 3.59 39 Cdn Long Island .71 Mentor .52 Regent F 7.70 8.4 Cdn Superior 3B.OO Newconcx 6JO RoyfUnd 4.85 5.01 Central Del Rio 11.50 Pacific Pete 58.00 Un ted Ac 4.22 4.6: Chieftan a.50 Rang Organization 15.00 Universal Sav 6.65 7.7 FrySICPep.f K VANCOUVER Great Plains 27.50 shell Inv Pfd 28.50 Anuk 23 AMII City 2.15 Shell Inv WIs 13.00 Arctic Mining il New Continal 106 SIck's Ralner 3.7S Atlas Explor .88 Numac 7.S! W Cdn seed Pro 2.55 Beth Copper 15.00 Permo .92 White and Yuk 13.62'A Bprnlte Ridge Pelrol 1..I1 western Warner .42 Block Bros 36i Plnacle 55 Madison '1 B.C. Sugar Place Gas 1.50 Rexdale 10 B.C Sugar Pfd 15.00 62 PIPELINE STOCKS Cap! tnter 3.80 Ranger 12.00 Alta Gas Tr L A 45.75 Church; 1 Copper 2.45 Scurry Rainbow 22.DO Alta Gas Nat) 21.25 Coronation Credit 1.00 s-wncr 1 85 Inland Nal Gas 10.3714 Crestbrook F Ind 6.00 Western Decalta 6.20 N and-C U-00 Croyden 3b CALGARY N and C B Pfd 28.50 Dolly Varden 52 Acroll 1.23 Gaz Me ro 5.12'A Dynasty {.70 Anaconda Pole 10 Tr Cdn Pipe 29.00 Endako 13.12'.' Barons Oil 04 Jr Cdn P Pfd Fort Reliance .45 N continental .IHVI Tr Cdn P Pld A 57.75 Giant Mascol ..2.80 Plains Pelc 38 Tr Cdn P War 9.70 Granisle 13.00 MISC. INDUSTRIALS Westcoast Tr 19.50 Key Indust .Jl Atco Indust 10.75 Western Pacific 5.25 Hy's 2.50 Aquataine 23.50 MUTUAL FUNDS Interior Brew 4.50 B New Corp 4.70 AGF Special 2.14 Kamloops Copper .11 Cdn Brew B Pld 35.50 All Cdn Com 6.48 7.08 Lorncx 8.00 Cdn Hydro Car 15.00 All Cdn Divid 7.50 8.20 Madrona 34 Cdn Pacilic Inv f 23.87V5 Al Cdn Vcnl 3.24 3.54 New Cronln .07 CPR Pfd -8.50 Amr Gr F 4.37 4.80 New Imp Mines 1.95 Cygus A 5 00 Cdn Gr 4.96 f.45 Okanagan Helicon 2.90 Cygus B Cdn invest F 4.18 4.59 Primer 16 Gt Cdn Oil Sands 4.00 Col Mutua 5.25 5.76 Pyramid .35 Home Oil A 30.00 Comnw In er 11.29 12.37 Silver Stand 1.51 Home Oil B ...20.00 Cmnw Lev 2.88 3.16 T C Explor Home and Pit 2.15 Corp Invest 4.95 5.41 Trojan 62 Hudson Bay Co 14.50 Corp Invest S F 4.49 4.90 Western Mines 3.90 Hudson Bay Oil 39.75 Dreyfus F U.S. 10.35 11.34 WestccMt Res .15 Hugh RUS Pfd 20.00 Gr Equity 5.59 Western Explor .25 Husky Oil 12.75 Gr in Shares 2.94 3.23 Utica 80 TORONTO MINES, INDUSTRIALS Supplied by Richardson Securities of Canada LAST BID OR SALE a.m. Quotes) a.m. Qumes) a.m. Quoles) INDUSTRIALS Molsons B 13.25 East Sullivan 550 North, Cent 13.75 Falconbrltfge 134.50 Abltlbl Pembina Pp 22.00 Frobex 27 Alcan Power Corp First Marltlmes 1-05 Algoma Steel 13.00 Price Co B.QO Giant Y.K 7.EO Atco Ind 10.75 Rottimans 11.50 Gunnar Atlan Sugar 6.50 st Law Corp 19.00 Granduc 7.75 Bell Te! 43.8716 Shell CDA 29.62'A Headway R.L. 11.50 Brazil Trac Simpson's 16.62'A Holiinger 34.00 BC Tel Simp Sears 20.62% Hud. Bay M-S 20.3716 Burns 8.00 Steel of Can 22.12W Hydra Ex. .20% BC Forest 24.00 Selkirk A 10-50 Highland Bell 2.85 B.C. Sugar 15.50 Texaco 2J.OO Iron Bay 3.25 CAE Ind 5.00 Traders Gp A 10.25 ISO 1.85 Cdn Brew 7.62V4 Trans Mtn Pp 18.25 Jolie! Quebec .23 Chemcell 4.90 Trans Can Pp 29.50 Kerr Addison 10.00 Col Cellulose 5.25 Union Gas U50 Key Anacon .30 Cal Power 24. Union Oil 35.00 Labrador 32.25 Coron Credit -1.05 Versatile 2.95 Lake Shore 3.25 CWN Gas 10.50 WOSteel Leifch 1.45 Cdn Indust 10.00 Union Car 14-25 Langis Stiver .08 Canada S S Wesfon's B 22.00 Macassa 1.26 Cdn Marconi 3-10 Woodward's A 16.25 Madsen R.L. .87 Cdn Vickers 6.00 West Cdn Sd-. 2.50 Malartic G.F. .65 Chrysler 26.25 Zenith Elec 1.55 Martin McNeely 13.00 CPR 62.00 BANKS Maybrun ConsinBath" Can Imperia 20.25 Meia ___ j6vi Cons Gas 17 6VA Montreal 15.37% Mjdrim Sea Nova Scotia 19.12% ,ntern Mogu, 9.25 Dom Bridge 15.37% New Athona .16 Domtar 13-75 Tor-Dom 19.50 New Calumet .28 Dom Textile 12.75 MINES New imperial 1.95 Dom Stores H.62W Acme 08% Noranda 23.1 2% Dome Pete 66.00 Advocate Asb. 1.90 Northgate Fam Play 9.75 Akaitcho AZ Opemiska 12.12% Fd of Amer 49.00 Area Mines 1.95 Osisko 30 Gt Cdn Oil 4.00 Belcher ron .42 Pallno 33.00 Gen Motors 72.25 Black Bay 07 Pine Point 30.50 Gt Lakes Pap 18.62% Bralorne 1.40 Placer Dev. 32.00 Gulf Oil Cda 17.37% Broulan 23 P.C. Exp. .76 Hawker Sid 2.10 Bethlehem 15.37% Quebec Man .24 Huron, Erie Brunswick d.50 Rayrock 1.35 Hiram Walk 41.37% Canada Tung. 2.17 Radtore 31 mperial Oil 17.75 Cassiar 22.00 Rio Algom 16.50 Imperial Tab 14.50 Central Pah 2.45 Roman Corp. 6.00 Inf Nickel Chimo 1.24 Silverfields 2.00 nt Pipe 24.50 Conwest 10.75 Sherrltt Gordon 18.00 Inv Gp A Cons, Rambler .8-1 Silver Miller MERCURY Stock M Down S TORONTO (CP) The Toronto stock market was down sharply in light mid-morning trading today. On index, industrials dropped .80 to 102.30, base metals .38 to 94.82 and western oils 2.94 to 180.38. Golds advanced .01 to 158.15. Volume by 11 a.m. was shares. A comparative figure for the same time Monday was not available because of computer problems Monday morning at the exchange. Losses outnumbered gains 133 to 58 with 143 issues unchanged. Leigh Instruments was down to Pacific Pete to S28, Zellers to Internationa! Utilities to Gulf Canada to Home A to Canadian Superior Oil 1 to and Ranger to ?117s. United Bata Resources was up 10 cents to Trading in United Bata was delayed at ODening for about 30 minutes. MARKET LOWER MONTREAL (CP) Prices on the Montreal stock liarply moved lower for the second straight day in active trading today. Banks led the decline in morning trading, falling more than a point in .spite of Monday's announced reduction of the prime lending rate to 7% per cent from eight per cent by major U.S. banks. Among banks, M o n t r e a slipped Vi to Commerce to and Royal Vs to Toronto Dominion was unchanged at Crush International was off to Canadian Internationa Power to Moore Corp to and CPR to oils were mixed as In lerprovincial Pipeline slipped to Gulf Oil to and Husky Oil to Texaco Canada rose to and Im perial Oil Va to On index, banks slipped 1.08 to utilities .67 to 137.59 the composite .60 to 160.90, in dustrials .51 to 164.39 and pa pers .16 to 88.44. OFF Market Winnipeg Grain Prices WINNIPEG (CP) Trad ing was generally fairly activ at the close of the Winnipe Grain Exchange today, bu rapeseed and barley continue to attract most of the attei tion. Both Vancouver and Thunde Bay rapeseed recouped som of the losses suffered at th end of Monday's trading, in ag gressive buying by locals, com mission house'; and exporters Barley maintained a fair ly strong price pattern in lin with the strong position of corn on the Chicago market, wit domestic shippers, commission houses and exporters all activ buyers. There continued to be fairly active trade hi oats and rye but prices moved only slightly from previous close levels Flax prices were down sharply in late trading. Volume of trade Monday in eluded bushels of flax cf rapeseed and 340, 000 of rye. Prices for Class Two whea for export to countries outsid IGA. i Nor 1.77; 2 1.75; 4 5 1 Durum 3 1.6614; 4 IGA prices: 1 Nor 1.77; 2 1.75 3 1.70K; 4 5 1 Durum 3 1.6614; 4 High Low Close Flax Oct 274% 26714 287% Nov 262 255% 255% Dec 245 239% 239% May 253% 248% Rapeseed Vancouver Nov 231% 226 231% Jan 227 220% 224 Mar 222% 217% 221 May 222 220 221 Rapeseed Thunder Bay Oct 236 234 236 Dec 212 Apr 221% 221 221% Oats Oct 94% 92 94% Dec 89 88% 89 May 88% 88 88% Jly Barley Oct 126% 125 125% Dec 123% 122% 123% May 127 126% Jly 127% Rye Oct 105V4 105 105% Dec 108% 106% 108% May 114% 113 114% Jly One Of J FOX CREEK, Alta. (CP) From the air, Kaybob South Plant 3 looks like bombed-out rabble with nothing to distinguish it as an key to Alberta's natural riches. When it opens in about eight months however the Chevron Standard Ltd. operation will be one of the largest natural gas re-cycling plants in the world. More than men are trying to get as much construction work done as possible before winter sets in. The plant sits on a plateau 3o miles south of this tiny community in west-central Alberta; a 100-acre scar in the forest that stretches to the Rocky Mountains. A smokestack now 370 feet tall will be 405 feet when finished and should be visible 23 miles away. The plant is expected to have a daily yield of 445 million cubic feet of gas out of which will come barrels of conden-sate, a light crude oil; 8.300 barrels of propane, barrels of butane and tons of sulphur. CYCLES THE RESIDUE The difference is that this plant, instead of burning residue gas, will re-cycle it back into the Kaybob South formation to maintain pressure, thus allowing more efficient recovery. Fifty million cubic feet of the gas will be piped into Alberta Gas Trunk Lines Ltd. pipelines daily, leaving 250 million cubic feet for re-cycling. Two otter plants, Shell Canada Ltd. and Hudson's Bay Oil and Gas Co. Ltd., are working the Kaybob South Plant Largest Ninety-seven homes costing nearly S2 million were built in Fox Creek to accommodate personnel who will operate the plants Sixty of the new homes, built by Nelson Manufactured Homes Ltd. of Llcydminster, Sask., were opened officially last week by A. Russell Patrick, minister of mines and minerals. The three-bedroom units cost Chevron a total of SI .25 million, an average of Serviced lots cost about each and Chevron will rent the homes to its employees for 575 a month, depending on floor area. Measles Spread Feared DAWSON CREEK, B.C. (CP) Public health officials are expected to complete a mass vaccination program by the end of the month in an effort to stem a feared epidemic of measles. A spokesman fcr the health unit of Grande Prairie, Alta., said Dawson Creek is "sitting on an insidious epidemic." Increased numbers of cases of the disease have been recorded in the lower mainland areas of British Columbia, and there are fears the disease could spread north, Dawson Creek public health officials said. Beef Leads Meat Parade OTTAWA (CP) Individual beef consumption in Canada is expected to rise by at least 20 pounds annually by 1980, says Z. J. Yankowsky, an agriculture department economist. But sharp increases in beef prices could dampen demand, Mr. Yankowski says in an article in the August issue of Canadian Farm Economics, an agriculture department publication. Mr. Yankowsky said that con-sumpiton of meat in 1967 to 1969 was about 200 pounds a person. Of this, beef represented about 90 pounds, far ahead of pork and poultry. From 1949 to 1969 psr-person consumption of beef in Canada rose to 87 pounds from 57 pounds. Poultry c o n s u in p t i o n increased to 42 pounds from. 16 pounds annually in the same pe-riod; pork consumption remained close to 50 pounds. He said that based on current trends beef consumption will increase to 106 pounds per capita to 1980 from 87 pounds in 1969. Total consumption was likely to be million in 1980, about 51 per cent greater than in prices were off sharply in moderately active trading today. At noon the Dow Jones average of 30 industrial stocks was off 5.55 points at 746.37. Analysts said the market's plunge was a reaction to investor concern that the Unitec States might become involved in the fight ng in Jordan. They said developments in the Middle East probably would continue to guide the stock market in the near term. They also said some profit, taking was evident on the rally gains of last week. At noon the Associated Press 60-stock average was off 1.5 at 251.0. Prices included University Computing up at Chrysler off at Dome Mines was up at among Canadians, while Genstar Ltd., added Vs to Losers included Canadian Pacific off at Hudson Bay Mining down at and Inco off Va at On the American exchange, Canadian Javelin lost 'A to Brascan was down Vs to and Scurry Rainbow Va to Drug Use Curbed OTTAWA (CP) Federal health officials have decided to restrict the use of benzathine p e n i c i 1 1 i n, a drug formerly available to farmers without prescription for treatment of cattle, pigs and domestic animals. The federal food and drug directorate decided to restrict the used to counter infections and because residues of the chemical have been found in slaughtered meat. Although no residue has been found by Canadian inspectors, the drug has been detected hi animal tissue 10 days after treatment in other countries. Health authorities are concerned that residues of the penicillin product in meat might sensitize a human to the drug, making penicillin treatment for a disease or infection less useful and possibly BORROW or r MORTGA AVAIL from Avco Fin Canada's numb services or FASTS FAVOURAE Get the RE Build tha Remodel t DEBT CON! Pay off old debts, have at terms to fit MAJOR PI A new car, b FINANCIAL. "We Believ 6th Street Sou or call the WUPTO 000 nore GE FUNDS .ABLE ancial Services er one financial ganization ERVICE 3LE TERMS f you need for: MODELING t addition lat kitchen JOLIDATION one monthly payment your budget JRCHASES oat, or trailer SERVICES e in You" th 327-3107 Accept ld.75 Cochenour 53 Siscoe 2.12 Laurentide 4.50 Craigmont 10.37% Tek Corp. 6.40 Kelly Doug A 5.75 Dicksnson Mine 1.45 Texmont .47 Loeb S.37% Denison Mines 23.00 Upper Canada 1.72 Loblaw A 6.00 Deer Horn .08 Western Mines 3.90 Metro1 Sicres 25.00 D'Eldona 1.03 Wright Har. 1.30 Massey Ferg 9.75 Dome Mines 58.25 Willroy 1.45 McMillan Bloe 26.00 Donalda .23 Windfall 12% Moore Corp 31.25 Discovery Mine 1.30 Yellowknife Br. 5.90 Molsons A 14.12% East Malartic 1.20 Zenmac 08% NEW YORK STOCKS Supplied by Richardson. Securities of Canada Amr T and T -13 Montgomery Ward 2fi.25 20 Golds 157.94 off .20 Anaconda 21.50 Sears 10 Base Met 9J.62 off .56 Blh Steel 22.00 Std Oil of N.J. 15 W Oils 1BO.BO off 2.52 Chrysler 26.25 Gulf 117.55 Volume Comsat Texas Co 29.75 NEW YORK AVERAGES Dupont 119.50 Woolworttl 30 Indust off 3.36 General Motors 71.50 Westlr.ghouse Elec 66.37'A 20 Rails off 1.17 Gulf U.S. Steel 30.25 15 Utilities 107.68 off .03 Int Harvester 33.12Vi TORONTO AVERAGES 65 Stocks 137.67 off 1.11 Ken Copper 41.00 20 Indust 16Z.25 off .93 Volume Prices EDMONTON (CP) Battalion Wins Highest and poultry report issued by tha Alberta department of agriculture: EGGS To producers: A large 39; A. medium 29; A 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. To consumers (in A large 55 to 56; A medium 44 to 45; A small 29 to 33. POULTRY To producers: live No. 1 chicken broilers, fowl, under 4, battalion of the Princess Patricia's Canadian Light Infantry was presented with the highest award for infantry marksmanship in the Canadian armed forces. Dorothy B. Gault, widow of the trophy's donor and founder of the regiment, Brig.-Gen. A. Hamilton Gault, presented the award. It was the fourth time the first battalion, based in Calgary, has won the trophy since it was first donated in 1958. The competition is open to all service infantry battalions i n Canada and Pollution May Become No. 1 Problem MONTREAL (CP) Noise lollution soon may become nore alarming than either air or water pollution, Cecil Z. Monaghan, general manager of the Mmcnton water and sanitation lepartment, said Monday. Mr. Monaghan said in an in-erview noise not only is more lifficult to monitor and contra 'but it is with us all year ound." "Noise is tough to regulate jecause often it is not the machine but its operator who is esponsiblc for disrupting the nvironment." Mr. Monaghan, an observer at he City of Montreal seminar on ir and noise pollution, said small motorcycles are not that oud, but give them to people 'ho like speed and the sound of ower, and they become a najor cause of noise Cen Part-1 OTTAWA (CP) The once-in-a-decade task of counting Canadians, and of detailing their ages, mother tongues, living conditions, work patterns and incomes will cost million and create some part-time jobs next year, the Dominion Bureau "of Statistics announced today. Planning for the decennial census, to be taken as of June 1, 1971, began in 196S, the statement reported. The ability and willingness of some Canadians in Quebec, Ontario and Manitoba to answer "self-enumeration" questionnaires has already been tested and ready to digest census data is a new machine called FOSDIC. Film Optical Sensing Device for Input to record the data on magnetic tapes and enable computers to produce "an almost infinite variety of tabulations" on all social and economic grouas in the country. But it will not, says DBS, be able to record names .ind addresses and to trace information to the individual who supplied it. "Every possible step has been taken by the census To Create Jobs confidentialily of census information." Every census employee is sworn to secrecy and is liable to a fine and imprisonment for violation of the oath. Basic census questions to be asked at all households will include name, sex, relation to head of household, marital status and mother tongue. As well, one of every three households will be asked to complete a much more comprehensive questionnaire to be returned by pne-paid mail. The 33-per-cent sample is designed to give the bureau of statistics a comprehensive outline of the economic, educational and social conditions under which Canadians live. Most of the questions will he answered simply by checking a circle which will later be recorded by FOSDfC. The questionnaire will be accompanied by a booklet explaining how to fill in the form. The procedure will allow people to study and reply to the questionnaire in private and will also save money and speed processing, the bureau 18, over 18, 24. Live No. 2 chicken broilers, 17. Turkey under 12, 12 to 18, over 18, Prices EDMONTON (CP) Prices to 11 a.m. Tuesday provided by the Alberta. hog producers' marketing board: Edmonton: Quoted 26.55 to 26.75, selling 26.75. Average Monday 27.70. Red Deer: Quoted 26 to 27.70, selling 26.60. Average Monday 28.09. Calgary: Quoted 26.55 to 26.70. selling 26.55. Average Monday 27.99. Lethbridge: No market. Average Monday 27.50. Lloyd minster: No market. Average Monday 27.49 Grande Prairie: No market. Sows 16.75. Hogs sold 10 11 a.m. 917. Total hogs sold Mon-lay Provincial average cMeinpries to Lethbridge year books. Tlie delivery date? By THE CANADIAN PRESS British Columbia Forest Ltd., common 25 cents: pfd. 75 ents; both Nov. 1, record Oct. Quotes MONTREAL (CP) U.S. dol-ar in terms of Canadian funds ip to 11-32. today. Pound sterling up to 13-16. NEW YORK (CP) near you dollar down 7-64 at 98 43-64 n terms of U.S. funds. ana would like more information about your mortgage loans RENT Building with Sq. Ft. or on 3rd Avenue with goad parking Feasible for any type of business Write Box 24, Lethbridge 328-4426 fJData <_ ;