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Lethbridge Herald Newspaper Archives

- Page 35

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Lethbridge Herald, The (Newspaper) - April 16, 1974, Lethbridge, Alberta Tuesday, April LETHBRIDGE Barons Oil, Ltd. keeps puttering along The chances of Barons Oil. Ltd. ever making the cover of Time Magazine are very slight indeed, unless that publication does a story on the mini- minors of the oil industry. With assets in 1973 of only Barons Oil is not quite in the same league as the giant of the industry Exxon Corp. whose jolly tiger was shown- on a cover of a recent issue of Time magazine, groaning under the weight of the world. The Rockefellers probably don't even know there is a Barons Oil, but to Ihe local shareholders of the company formed after an oil strike in the Barons area in 1950. it's important. Important enough for some major stockholders to have lent the company money when it needed enough capital to keep going. Alfred Cameron, former president of Barons Oil and one of the principals in the firm, told The Herald bigger oilmen think the company is a joke "They figured we'd be belly-up in six months, but hell, we just keep puttering along." The shareholders, who have never received one dividend cheque for their efforts, are out to prove that businessmen in ALFRED CAMERON WESTERN CANADA NEW BREEDS SALE MONDAY, APRIL 22.11a.m. Periled Bros. Sales Pavillion LETHBRIDGE 90 Purebred Percentage Exotic Females Outstanding Consignment oh 30 Purebred Brown Swiu from Thor Holdings; of the moat reputable names in Canadian Brown Swiu. Popular Swix pedi- included ere; "Golden and "Payne Purebred Welsh Black HF open 'A Blood Blonde D'Aquitaine Simmental HF call with Oam Vi Limousin 'A Blood Maine Anjou yearlings Vt Murray Grey females Vi Blood Limousin 'ft Blood Limousin Vi Blood Murray Grey Blood Maine Anjou HF with Dam Blood Simmental HF with Oam Blood Pinzgauer HF with Dam LISTINGS INVITED SALE CONDUCTED BY PERUCH BROS. AUCTION MARKET LTD. Box 1057, Lethbridge Office Phone 329-3101 Company License 071465 JOEPEHLICH BOB BALOG Lie 010293 Lie. 067454 Phone 328-9772 Phone 647-2201 Lethbridge, Alberta Milk River ED TORSHER TONY PERLICH Lie. 012467 Lie. 010292 Phone 545-6452 Phone 328-9872 Bow Island. Alberta Lethbridge, Alberta Southern Alberta can start a company and keep it going, even without the large amounts of capital that major companies have access to. The big oil companies take the cream and leave the skim milk for the small producers. Mr. Cameron says, adding that if Barons Oil ever did "hit it big" it would probably be bought out. But Mr. Cameron and associates expect big things from Barons Oil, which now is only a little more than a gleam in their eye. a telephone number, some small oil wells and oil leases and some mining claims in the Northwest Territories. "In the past 15-year period small companies have just been pushed out." Mr. Cameron says of the oil industry. Kxpecting the trend to concentration in the business. Barons Oil began to diversify into mining holdings about 10 years ago and although all its mines exist only in the imagination, company officials are hoping the claims they hold can bear fruit. "We feel Mr. Cameron says, "and we're just damn fools enough to make a go of it." SUPER SPRING FISHING TACKLE ALL ROD AND REEL COMBINATIONS Special ALL FISHING RODS (except Fenwick and Parametric) Off FENWICK FUREL LIGHT FLY AND SPINNING RODS Regular 65.00 Special PARAMETRIC FLY AND SPINNING RODS Regular 58.95 Special ALL REGULAR FISHING LINE Clearing at OFF ALL REGULAR FISHING LURES Clearing at PRICE ALL REGULAR TACKLE BOXES 25% o. ALL FLIES In stock PRICE ALL Clearance FISHING REELS 4 Off in stock at GRAB BAGS 9 to 5.00 99' Regular Values to 5.00 Your Choice Only DEPTH GAUGE Reg. 2.95 Special Look What Will Buyl TRIUNE ADAPTORS tor MHcnel 300; Dam 220; 2062 or 2051; Berkley 402 and sev- eral Regular 4.50 Special only ALL FLATFISH In stock OCOA at atOVO Off PLUS MANY OTHER FLOOR SPECIALS! Personal Shopping Only Please you always do better at... A large assortment of spin- ners, lures, pocket tackle boxes, bait boxes, pkgs. of steel leaders, etc. at only 99 Call Sporting Goods 327-5767 DOWNTOWN 606-608 3rd Avenue South Convenient terms your Chargex or Hoyts' own charge account ;