Page 10, The Herald, Friday, September 14, 1979

The hogs are coming

WINNIPEG (CP) — The
Manitoba \ Hog Producers’
Marketing board is warning
the province’s 4,500
Producers that morv2e may

under way to vertically
integrate the hog Industry.

The warning follows plans
announced by Cargill Grain
Co. Ltd., the Canadian
subsidiary of the glant in-
ternational grain trading
company, to contract with
farmera for increased hog
production in the province.

“The board seriously
se tsi
extra production y
Cargill at this time,” the
board said in a letter to
producers.

“Hog producers are con-
cerned that already other
feed companies are won-

dering If they should con-
sider some type of similar
program. A major expansion
of this type of integrated
aduction could lead to a
foes of contro] by individual
producers of their industry."
Vertical integration im-
es control of the industry
rom the production level
through to retailing.
But Cargill Pork Systems,
a new division established te
manage the program, calls it
a superior production and
marketing tool that can help
bring back Manitoba's share
of the national market,
Under the contracting
agreements, Cargill will
aupply a packaged program
including ‘'genetically
superior’ breeding atock or
feeder hogs, formula feeds

| DOME |
TESTS
WELL

CALGARY (CP) — Deme
Petroleum Lid. said Thur-
sday teating in the upper
zones of [ts Kopanoar M-18
well in the Beaufort Sea,
where one of Candda’s
largest oll discoveries was
reported last week, showed
Indications of natural gas but
production rates were not
commercial,

Last week, Dome an-
nounced the discovery of an
oil-producing zone at the
well, located 120 kilometres
northwest of Tuktuyaktuk,

and management expertise.

The producer agrees to
supply preduction facilities
and production skills, In
return, the company cays it
ensures farmers earnings
based on the number of hogs
produced. Cargill accepts all
marketing risk factors,
including market price, feed
and health costs,

. Cargill's goal is 2,000 sows
on contract by 1680 and in-
creasing to 6,000 in three
years, producing 100,000
hogs a year.

The producer board says
Manitoba production to date
this year already is up 22 per
cent, It anticipates 1.1
million head will be
marketed this year.

than 200 feet thick at a depth
of 11,500 feet,

-ment-commissioned study.

N.W.T, The zone is more.

STUDY SAYS

Feds should opt out |

OTTAWA (CP) — The
Canadian government
should bow out of the

olitically messy job of
ping hard-hit industries

adjust to freer world trade
and leavé the major
responalbllity the
cea, says a govern:

Cotret promised that the

help weak industries adjust
to the logs of tariff protec-
tion, .
The new trade agreement,
signed in Geneva on July 11,
will open Canadian markets
to stilfer foreign com-
petition: :
_ The federal government is
investigating what sort of
adjustment assistance it
‘ should provide and where its
funds will be most urgently
needed.
. HoghMcA Pinchin, author
of the study, says: ‘Whether

to

. The 200-page study,
published this week by the
Economic. Council of
Canada, recommends action
quite different from that
announced by Industry
Minister Robert de Cotret in
July.

In announcing the con-
clusion of five years of in-

long: efficiency, ity,
Seen trade talks, de lretun efficiency, equiy.

or sheer political ex-

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the federal government at
the local leve] invites public
criticism, regional rivalry
and international reaction.’’

A spokesman for the
council, an Independent
advisory body which reports
to the prime ‘minister on
Canada’s long-range
economic outlook, said the
bulk of the study was written
long before the conclusion of
the latest round of world

pedlence, direct involvement

“ trade negotiatfons, But he

said McA Pinchin was un-
doubtedly aware of the move
toward freer trade taken by
most Western countries
since the mid-70s. .

Tn committing the govern-

"ment to a prime role in

helping weak industries
survive in the coming era of
more liberal trade, de Cotret
would not say which in-
dustries he had in mind.

McA Pinchin likewise
avoids picking out individual
industries, but says the
of the
Prairies and Quebec will
suffer moat

The largest industries in pri

Quebec, in terms of ear-
nings, are clothing, textlles,
metallic minerals
(primarily iron ore) and
paper products:

In the Prairie provinces,
the topranking industries
are petroleum and coal

minerals,
beverages and printing and
publishing.

"A disproportionate
amount of the dislocation
resulting from tariff
removal would fall on the

‘the

manufacturing sectors of:
Quebec and the Prairies, ,

McA Pinchin says; “Ad-
justment programs des! goed
simply to encourage firms
and workers to relocate
would assist the further
concentration of Canada's
manufacturing sector In On-
tario.””

This would run counter to
the whole concept of Con-
federation, the author says.

-At the same Ume, federal
funding aimed specitically at
the two areas affected would
distort existing economic

atterns and provoke a

ealaus outery from in-
duatries not getting help.

“For these reasons direct
responsibility for area ad-
justment to free trade should
devolve ta the level of
regional government.
Provinclal governments in
each region should be en-
couraged to plan the future
economic base within their
‘tegion, with some limited co-
jordination at the national
leve).” :

McA Pinchin recommends
that regional equalization
grants be sent to the
ovinces, based on each
area’s ability to adjust to
trade changes over a 10-year -
period.

“The biggest problem for
regional policymakera will
be in securing the orderly
adaption of the industrial
structures of the principal
trouble spota of Quebec and
the Prairies,” he said.

A FEMALE PIONEER
Around the time of Christ,
official Chinese
historian, diplomat, moralist
and poet was a woman
named Pan Chao, :

STOCKS

TORONTO (CP) — The
Toronto stock market was
sharply lower at the close of

TENDERS

.. MINISTRY OF
- TRANSPORTATION,
COMMUNICATIONS
AND HIGHWAYS
HIGHWAYS — TENDERS
To mix and dellver to Port
Clements, Queen Charlotte
tslands, B.C. 1900 Tonnes of
AAC 2 (Patch mix),
Materlal produced must be

” In accordance with Sectlon

311, Subsection 10 of the
General Specification’ for
lghway Construction and
related clauses In the Special
provisions:

Tender opening date: Oct
02, 1979 at 2 PLM,

» (File: §1-80-1)

SEALED TENDERS, on
the forms and In the en-
velopes provided, ac-
companied by @ bld bond or
cerilfled cheque as defined
In the Instructions to Bld-
ders, will be recelved by the
Ministry of Transportation,
Communieations and High-
ways at 940 Glanshard
Street, 4th Fioor, Victoria,
6c. VeW 3Eé6, unless
otherwise specifled, up to 2
p.m, (local Victoria time) on
the day of the tender
opening, at which time
tenders will be opened in
public. The lowest or any
tender not necessarily ac-
cepted.

Tender forms with en-
velopes, plans.
specifications, and con-
ditions of fender can be
obtained from the Minisiry

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of Transportation, Com-
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7H West 2nd Avenue, Prince
Rupert (telephone 624-2121),
untess otherwise specifled,
or from the undersigned for
the sum of $10, between the
hours of 8:30: a.m. and 4:30
p.m. Manday to Friday,

except holidays. Postal
Code: VéJ 1H3.
if available, full-size.

drawings can also be ob-
tained for an additional $10.

The Ministry ‘General
Specificailons for Highway
Construction." to which the
constructlén of this contract
shall confdrm, are also
available for the sum of $10.
APPLICABLE.

Cheques or money orders
shall be made payable to the
Mlnister of Finance. Nosuch
purchases are refundable.

The tender sum Is NOT to
Include Federal Sates Tax.

Tender documents ob-
talnable from' Ministry of
Transportation, Com-

Call us at 635-6357 - 9to5

‘munications & Highways,
730 West 2nd Avenue, Prince
Rupert, B.C. V6J 1H,
R.G, HARVEY
Deputy Mintster
Transportation,
Communications
and Highways
(a5-205)

active trading Thursday.

The TSE 3X} index fell 8.07
to 1,710.02.

Oil and gas issues declined
steeply as Dome Pete an-
nounced that a hole-drilling
falled to return anything of
commercial value.

Volume was 7,04, milllon
compared with 6.40 million

ednesday, Rootes 4

Among industrials,
Cominco fell 2 to $43%,
Alberta Energy 1% to $3744,
Kaiser Resources 1% to
$92%, Aquitaine of Canada
1% to $4444 and Bow Valley
% to $30%.

Murphy Oil rose 14% to
$2844, Canadian Pacific % to
$39%, Canadian Pacific
investments 5 to $284, Inco
% to $244 and HCI Holdings
1% to ae and -

Placer Developments 1%
to $34%, Canada Tungsten
Mining 1% to $244 and
Dome Mines % to §50,
Campbell Red Lake Mines
was up 1 to $26%4 and United
Siscoe Mines 5 to $11%.

Total Pete NA dropped 1%
to $28%, Quasar Pete \% to
$154 and Petrol Oll and Gas
% to §$6%. Ranger Oil
Canada was up 1% to $34 and
Ocelot Industries A 1% to
$2156,

MONTHS ENDED July
31; 1970, $290,300, 13 cents a
share; 1978, $406,044, 18
cents, :

ENDED July 31; 1979,
$400,214, 44 cents a share;
1978, $309,883, 34 cents. -

ENDED June 20: 1979,
$4,560,000, U.S. funds, 70
cents a share; 10978,
$6,516,000, logs, no share
figure.

» WEEKS ENDED July 28:
1979, $2,-214,131, 48 centa a
share; 1078, $1,652,776, 24
cents, ‘

DOLLAR

MONTREAL (CP) — USS.
dollar in terms of Canadian
funds at 3:30 pm. EDT
Thursday was Up 11-100 at
$1,163]. Pound sterling was
down 2.81 at $2.5594.

In New York, the Canadian
dollar was down 4-25 at
$0.9598 and pound sterling
was down 2.20 at $2.2005.

SIT ON IT!

EXETER, ‘England (CP)
— One bold Briton no longer
sleeps on his problems — he
sits on them, The angry city
gent, who couldn't f a
firstclass seat on his
morning express train,
staged a sit-down strike on
the railway line — three
metres in front of the train —
and refused to budge. He
held up the train and 600 in-
furiated passengers for 20
minuter