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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 18, 1972, Lethbridge, Alberta y, April 1972 THE LETHBRIDGE HERALLi Market 'prices up 1. L in early trading TORONTO (CP) Western oil issues edged fraclionally lower while prices in other sec- tors of the Toronto slock market climbed higher in moderate mid-morning trading today. The industrial index was up .28 to 202.09, golds 1.95 to 182.07 and base metals .12 to 97.33. Western oils were down ,57 to 225.03. Volume by 11 a.m. was VM.OOO shares, up from CGC.OOO fiharca at the same time Mon- day. IJeveragc, real estate, con- struction and materials and general manufacturing issues posted moderate gains vhile communication, pipeline, oil re- fining and food processing stocks dropped lower. Electro home, which an- nounced a fivc-for-one stock split and a dividend increase Monday, climbed to Chrysler was up to KK, Patino lo Scurry-Rain- bow !s to and Dome Mines 1 to Inco rose Vt (o Massey- Ferguson to Hudson Bay Mining 'i to S25'.i, Asa- rncra lo Western DC- calta 25 ccnls to ?S.10 and Osh- nwa Group A to S12'.2. Bow Valley was down l? to ?31W, CDRH Lid. '.2 lo SU, Wajax lo SIP's Canada Southern Pete 50 ccnls lo Hank of Montreal !'B lo and General Bakeries 15 cents to 53.75. NT PLATINUVi ELECTRODES AROUND THE PHRENIC NERVES AND AM1NIAWRIZED RADIO ECE1VER IMPlANTED UNDER THESKIW, NOW ALLOW ABWA- YZtB fWl ENT TO BREATH E WITHOUT A RESPIRATOR. THE RECEIVER P1CK9 UP PULSED RADIO WAVES... BROADCAST A TRANSMIT WHICH 'CAUSfTHlDMfHMSM AStHHOmUL Hospital board cases burden on ratepayers PIXCIIEIl CHEEK (Special) At the recent meeting of the advisory hoard of St. Vincent's Hospital it was found that it would not be necessary to sub- mit requisitions to the mu- nicipalities this year, due to the hospital's present satisfac- tory financial position. The hoard recommended ml nor boundary changes he made lo the proposed new Pinchcr Creek hospilal district so tha he whole of Ihe Pinchcr Creek ID would be included. An application was received rom Dr. S. S. Causing lor mnd cal staff privileges. This wil >c siibmillcd to the governing joard for approval shortly. E. Pannckock, senior lies jital examiner, made his an niol inspection recently am" lis report will lie rcceivci shortly. An in-training course to nurses on coronary care wil >c hold at the hospital eacl Monday evening for scve: weeks. Mrs. Margaret niviere, di clary supervisor, will attend course on dietary training a the Southern Alberta Iiislitul of Technology, Calgary. Donations to the women' auxiliary were received, on (rom Mrs. I. Staniszewskl c S100 to assist in purchasin new hi-lo beds, and from M and Mrs. A. Petronc for stainless steel teapots. Calgary bank tbcft 110 stunt CALGARY (CP) Michai George Pawcliuk was sentence to seven years imprisonmen for a hank holdup which teller at first (bought was a Calgar Stampede stunt. A jury convicted Ihe 24-yca old Calgary resident in Maix of Ihe armed robbery a Dank of Montreal branch la July. Jounly advisory committee upporled by volunteers lly 11IC SWrilAIlT Stalf Writer Tho Lethbriilgo County msion Advisory Committee as been filled for 1072. Returning lo the volunteer osilions. for another year are erend Nyhof of Picture Buttc, Irs. Paul Juhar of Turin, Rudy abijanic of Coaldale, John (iba of Lethbridge, Gerrit 'ilhagc of Noblcford, Marvin oole ot Monarch, Mutt Tsuki- lima of Coaldalc, Hert Mag- of Turin and Dennis John- on of Uarons. Named as new members are Arterial Ijypass planned CRANIinOOK Valley Conslruclion Lid. of Kel- jwna has established all office it the Emil Anderson Construe- ion Ltd. base to launch iLs re- construction of North Van lorne .56 miles as a conlinuinE arterial highway bypass. Smith Van Home was com pleled, four lanes with curb anr {utter and proper drainage as arterial Number 3, three years igo. Present arterial continues t Baker and east to Cranbrook Street, through ccnlral busines. area. New bypass will continue on North Van Home to North fourth then cast to its Cran brook Street junction. Contractor superintendent Mike Good, nnd office manage John Goertzen. It will includ excavating for installing prope drainage and routing of a me anderiny creek between track and North Van Home, pipe- laying and 30-inch concrel calchhasius. Two to three months Is th esitmaled lime for project com plclion. REQUIRED IMMEDIATELY MOTOR MECHANICS, JOURNEYMEN or EXPERIENCED APPRENTICES -New Shop Day Week -Up to per hour Fringe Benefils Phone MR. CYRIL BENDER (Colled) BIG M MOTORS LTD. MEDICINE HAT, AlBERTA PHONE 527-4406 Eleclroliome splits stock KITCHENER, Ont. (CP) Electrohome Ltd. announced a increased dividend and plan for a five-for-onc split of il common shares. Tho dividend Is being In creased to 3714 cents seml-an dually from 20 cenls, payab1 May SI to shareholders of rec ord May 15. The slock split proposal he submitled lo a shareholdci meeting May 24 for ratification If approved, it will be cffeclH Juno 0. As reported earlier, Eleelrn- home had 19V1 earnings of million or a share, up from or a share a year earlier. TS. C. Erickson of Koblcforci, rs. Ed of Coaldalo, _'rs. Howard llanc-y ol Picture ullc, Mrs. Donald McCann ot oaldalc, Mrs. Ilcmler- ol Lctlibrii'ge anil Mrs. Don illon ol Lctlibridcc, The commillee has licon cs- blishcd lo conic up with ens, lo sense the needs, prob- ms, interests nnd nspirations the various communities itllin Hie county ns a resource Hie extension division of the Iberta department of ayricul- jrc. The extension division, the district agriculturists and dis- icl homo economists lake the nfornialion from the commit- ee nnd plan programs (o ea- sly llic needs sel forth. The next meeting of the ccm- liftee will ho held April 20 in IB Administration Unilding oard room. C. 1C. Burge, supcrirriendentof chools for the bounty, will speak Lethbridge ahoul the ssucs involved in the proposed modification of the school year. Teachers organize campaign CRANBTtOOK (Special) Cranbrook Teachers Associa- ,ion president Ian re- ports his B.C. Teachers Federa- ion affiliate plans lo organize campaign for democratic rights with a provincial election in the wind. It would be In support of cor. reeling alleged legislative inter- ference in recent years to dim- inish free bargaining rights of the various professional and trades and labor groups. CT'A steering committee has rejected hlankel polilical par- tisanship, and Instead will urge support of the individual candi- date who will most effectively support reinstatement of rights it considers curtailed. First concrete slop will be a CTA sponsorde rally April 20 at Central School gymnasium George Zinovich ol Kimherley will be moderator, and sncak- ncrs arc invited from CUPE, B.C. Teachers Federation and provincial government employ' ecs. Though Hie teacher associa tions arc not affiliated in (he CLC, support In the rally toward slipping rights in bargaining procedures will also be sough (rom unions which are adili aled. Produce 1 nickers to pay toll TORONTO (CP) The pro- vincial government has levied a loll starting today on trucks bringing produce to market ot the Ontario Food Terminal, and officials say a traffic tie-up is possible. The toll, 50 cents tor small trucks and up to S5 for tractor- trailers, is designed to produce revenue for the government-ap- pointed Ontario Food Terminal board. Agriculture Minister William Stewart said the board needs the money because its labor costs have risen and it cannot raise Ihe rents of the firms that have leases. The Automotive Transport As- s o c i a t i o n of Ontario, which plans to protest today to Pre- mier William Davis and Mr. Stewart about the tolls, blames 311-year leases granted tenants of the terminal for the board's financial difficulties. The leases, containing no es- calation clauses, were offered lenants when the facilities opened In the early 1950s. Soaring tests uly 9 to 15 Claresliolni CLARESIIOLM (H N SI his town has been chosen as silc for the western Cana- i soaring championships, resident Garnet Thomas of Alberta Soaring Council, as announced. It will he held at thr. Clarcs- olm Industrial Airport July 9 15. Mr. Thomas stated Clares- lolm was chosen because of its avorahle weather and good unways. PLENTY OF The British Isles as a who! have an annual rainfall of nwe 40 indies while England alone has about. 14 inches. New York stocks (Supplied By ntcliarrtson Securities of Canada) Srars 11J.3T', 20 Colds 16323 up a.11 IB (2'.i Sid Oil of N J. 7C.75 10 Base Metals 97.31 L-p 32.75 Texas Gulf 15 W 23.1 is ofl 1.74 Volume] vSv.orftrP 43 YORK AVERAGE SI WrUipghouse Elec 30 Irdusf 973.0S up 25.35 U.S. Sk-cl Rails 375.33 up .33 TORONTO AVERAGES SIcckL" IJ.B'ui.'i'oj1 fgon-.c-ry V.'ard 30.15 30 Indjsl 10767 up :t Vclujne V.2SO.HO Anaconda Ucih Sleel Chrysler Uuponl GM Gulf business loans We can lend to nearly every type ol enterprise: manulacluring wholesale and retail trade tourism and recrcalion construction agncullufe transporlalion and storage. II you need Imancial assistance to slarl, expand, or modernize a business anywhere in Canada, we invite you lo discuss ycur requirements us. business anywhoro in 'INDUSTRIAL DEVELOPMENT UTHDRIDGE, Alln.L 740-4lh Avo. Souih-Tol.: 328-9G8I Ask (or this folder Beef futures WINNIPEG (CP) T.lvc bco close Monday. May M.CjR; .Iil'j 34.00B Sept. 32.50N. Frirtny's volume: No con racls. Break in deadlocked trade talks is urged by Trudeau Grain prices Winnipeg Grain Grain quotes Monday (basis High Flax May 1 Jly 287 Oct 285VB Low Close 2R5U 284 '.i 28? OTTAWA The deadlock in Lhc ti'ndc negotiations Caiiiula and the United Slates' must lx? broken betoro it hard- ens, Prime Minister said in Uie Coinmons Momhiy. IIo rcportwl that President [lichard Nixon was onxious lo gel Lhc stalled tmdc talks in molioti and both governments have agreed lo re- view llicir respective posiliiuis with n view lo resuming ni'ijo- tialions "if The president mtide "no UireaLs to lie said, "nor did I make any threats against Ilia U.S." lie was an- swering questions from (lit1 op- position on the IMks lie held with President Nixon last Fri- day. Sir. Tmdenu said the presi- dent oullined llic pioljlem the Americans arc cxporiencing with their balance ot payments. The president the hope that ha.s continued since last various countries would help Ihe U.S. improve Us cconoinic silualion. "I repealed that it ivas ('an- ada's intention to contrihntc in any way we could lo the im- provement of their position, knowing full well lluit a lioaUhy U.S. economy is important lo Canada. Bui ns to Ihe c-hiriricn- lion of what this meant on his side and on our side we did not enter into any great said Mr. Trudeau. primo minister said they both agreed Jt ivas important lo prevent this "non-resolution11 ol the trade negotiations from hardening inlo a pennanenl deadlock. Ilolh agreed thai cncr government should review iti position in the trade Inlks. H o w c v o r he acknowlcdgcer cent lax on new Canadian cars entering llic U.S. or cancel- ing (he exemption [rom the lu- cres t equalization lax which Ford recalls 1972 models OAKVILT-K (CPl-Kord nn- noimccd Monday U Is recalling norc than cars--tin- rn- irc North American produclion of 1072 Torinos and oecRuse of possible rpiir axle A memorandum 'jciiig sent, lo ''ord service managers int "under extreme conditions an axle shaft might become dis- engaged from the rear axle searing, possibly without ade- quate warning to the drhei." A spokesman for Fnrd Molor Co of Canada Ltd. said about cars arc being recalled In Canada- lO.dOO Torinos find about in the United Stales. The spokesman .said Ford has had two reports ot axle failure In Canada. There were no inju- ries and damage in each case was under ?50. Tho spokesman said the cars brought back lo dealers will have n "retainer plate" in- stalled in Ihe rear axle assem- bly which would ensure a warn- ing to the driver it theie is a huaring failure. In the two Canadian Incidonls about three weeks in northern British Columbia nnd one last weekend in On'..ino UIG right rear became disengaged, rolled away from llic vehicles nnd the vehicles ground lo a halt. The vorlicella a one-celled animal with a wineglass-shaped body, can conlracl its stalk into Canada now enjoys. Both Buch nur. PS had been rumored la Washington recently, II was nt Ibis point that Mr. TnrrfrjNi said he and Ihe presi- dent had not exchanged threats. "Did the prime minister not bring up these very Important matk'is with the president, or did he just indulge In pleasan- tries nuaTlinj; nothing except "I hope my people will vote for mo and f hope your rx-oplc will vole fur asked Mr. Hccs. Mr. Tmrierm sought to reply but the question was ruled out [if order )iy Mr. Speaker Lucien Lamourcux. The prime minister !n re- sponse to other questions Indi- cated that Ihe Canadian govern- ment is now reviewing Its posi- tion on tlu; U.S.-Canada Aulo Pact. "I did undei lake lo look at ev- crylhini: that was in our pack- age to sec if it eould be changed or modifies! in some way to make it more acceptable to the U.S. and no more damaging lo Canada. There no timing set and no specific mention of what aspects of the package we would look said Mr. Tru- deau. lie added that Ihe Canadian officials involved had been in- formed of the substance of his lalks wilh the president and he assumed they were now review- ing Canada's position. Power up earnngs CALGARY (CT) Calgary Pouer Ltd. Increased Its earn- ings in MI71 to S12.831.000 Irom Sll.lillli.fiOO the. previous year. The earnings were equivalent to s-5.ll) n share compared with 51 07 a share In 10VO. Gross revenue in 1971 was EGIVOM.OOO, all increase of IM.mHi. Sales of electricity in- creased 9.7 per cent to million kilowatt hours. Inflation, soaring construction costs anil sharply Increased In- terest rates have put severe economic pressures on the com- spiral only a quarter of its pany, President A. Howard original length when it is fright- told an annual sbaro holders' ened by a predator. 1 meeting. Vancouver Jim 27-in 272'.i 27333 Sep 2M'4 Nov 262'-J Jan Il.ipcsccil Thunder Hay May Jly Oct 263 U 255 271 2SQ14 O.-Us May Jly Oct Barley May Jly Oct live May Jly Oct 109' 309'i 102'i ion1! HO3 a 102' 101 '.i 273 2Gl'.a 255 109'i 103'b You're miles .ahead with SNCW TIRESh .REMOVED Dividends By THE CANADIAN I'llESS Dominion and Anglo Invest- ments Corp-, live per cent pfd. 25 June I, record May 15. Ford Molor Co., cents (U.S.) June 11, record April 28. Husky Oil Lid., cents May 31, record April 27. Mercantile Hank., cents June 1, record April 28. Soulliani Press I.ld., 11 cents June 20, record June H. LETHBRIDGE HEADSTART PROJECT Tuesday, April 25lli 8 p.m. St. Patrick's School AU INTERESTED PERSONS ARE CORDIAUY INVITED TO ATTENDI PRECISION WHEEL ALIGNMENT Qpk Precision front end wheel alignment. We set easier, camber and loe-tn, and centro steering wheel. 5RAKE ELINE GREASE SEALS t BUY NOW! MUST SELL IMMEDIATELY 1811 LAKE POINT ROAD O 5 bedroom home (3 upltairs, 2 down) Ona block north of College Mall 2 baths (1 up, 1 down) fully carpeted up and down Compleloly finished basement (rumpus room) landscaped Fenced 18 months old Call JOHN HAIBECK PREFERRED REALTY Office 32B-3420 Residence 327-4436 We'll remove nnd clcnn voifr fronl wheel Pri-e frr dr brake C3'i- FERTILIZER Corner 3rd Ave. and 8th St. S. Phone 327-8548 ;