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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - August 17, 1974, Lethbridge, Alberta Saturday, August LETHBRIDGE Excellent 'Ford dollar' attracts duck crop this year Try Before You Buy UP TO 30-DAY TRIAL ON YOUR DOCTOR'S RECOMMENDATION SMITH-JONES HEARING AID SERVICE RIPLEY OPTICAL 6183rdAve S Phone 328-5447 Down but not out Rene Scott of Nova Scotia heads for a wet landing courtesy of Steve Herring of British Columbia in log rolling contest However Scott managed to dunk his opponent twice to win the contest at the Canadian National Exhibition OPENING SOON! in CENTRE VILLAGE MALL NAME DESCRIPTIVE The name of the summer re- soi i of Minaki in northwestern Ontario comes from an Indian word meaning "beautiful country WINNIPEG (CP) Ducks Unlimited (Canada) reports its field checks confirm a good waterfowl production year on the Prairies, much improved over 1973 Despite prolonged hot weather, water conditions have been maintained by good rams in Alberta and strategic thunderstorms in Sask- atchewan and Manitoba The conservation or- ganization says the hatch was late but still is under way and the outlook is for substantial late production Mallard and pintail show good increases over last year and canvasback also are on the upswing Alberta is forecast to produce an excellent duck crop except in the south, where dry spring conditions led birds to fly on to the northern prairies and parklands Saskatchewan will be far ahead of 1973 and only in the southwestern corner are water conditions ques- tionable Nesting success in Manitoba is uneven and the final answer will not be apparent until late August Curfew law considered BURNS LAKE, BC (CP) The mayor of this northwestern British Columbia community says village council is seriously considering imposing an old curfew following the outbreak of a disturbance last week Mayor John Baker said the bylaw passed during the Second World War requires all children 14 and younger to be off village streets by 10 p m Mr Baker said in an interview yesterday that 10 and 12 year olds made up a large percentage of the unruly mob which filled village streets Aug 10 and threatened violence ________ Arab oil money switches from weak Britain to U.S. LONDON (AP) Arab oil money is being pumped out of a weak British economy for re-investment in the United States, bankers said Friday Banking sources indicate Arab concern over the British economic outlook and a new- found confidence in the "Ford dollar It was the first significant shift of oil money to New York from London since the oil pro- ducers began their 400-per- cent price increases last October, the sources said If it continues, the shift would have a profound effect on the British economy, including substantially weakening the British pound in world money markets The gloomy British economic picture is reflected As a direct result of the Arab withdrawals, dealers said, the pound lost half a cent against the U S dollar in the London foreign exchange Friday The pound closed at 3405 its lowest level in five months Because Arab governments are able to conceal their oper- ations, bankers here do not know the precise amount or source of investment funds in- volved But, as one informed banker said "it's big money Official Bank of England fig- ures show that about billion in Arab oil money was depos- ited in Britain so far this year The pound has been largely dependent on the Arab financial support, and loss of Arab investment will undermine its strength Britain is suffering a record loss in world trade of more than billion so far this year, more than it has in its national reserves The country was foficed to take out a biggest foreign loan in its finance this deficit Normally the pound would have fallen in value in these circumstances mistake VANCOUVER (CP) A mistake in drafting its accident benefits regulations will cost the Insurance Corporation of British Columbia up to the corporation's' general manager said Friday Norm Bortnick said he cannot identify any one person as being responsible for the mistake, which means that 27 persons are entitled to collect up to a week for life instead of for only two years Four other persons qualify for payments of up to a week for life instead of for onlv two vears Mr Bortnick said a reserve has been created out of corporation funds to pay the amounts He said no action has been taken against anyone for the mistake The error occurred when the phrase limiting payments to 104 weeks after the death of the insured motorist was left out Under private insurance in B C automatic weekly- benefit payments to the survivors of an insured motorist killed in an accident went on for only two years The benefits were a week for a spouse or first surviving dependent and weekly for any other surviving dependents Mr Bortnick said it was April 30 before the regulations were amended to put back the two-year limit Between the March 1 start of government automobile insurance in B C and then there were 23 cases involving weekly death benefits to survivors Because more than one survivor is involved in some of these claims a total of 27 persons are qualified for payments of up to a week indefinitely Specialists in all types of Engines ENGINE REBUILDING CYLINDER BORING AND RESLEEVING CRANKSHAFT REGRINDING WISCONSIN ENGINE Sales and Service Centre CUSTOM ENGINE PARTS LTD. 1605 3rd Avenue South Phone 328-8181 THOMAS WORLD TRAVEL SERVICE 309 5th St. South Phone 329-3336 OUR EXPERIENCED STAFF IS HERE TO SERVE YOU CHRISTMAS IN HAWAII 5 Farmers and Ranchers Tours Australia, Africa, or the Orient CRUISES FROM 3 TO 90 DAYS WE HAVE SPACE FOR YOU ALL YOUR RESERVATIONS REQUIREMENTS AVAILABLE AT OUR OFFICE Always use COOKS TRAVELLERS CHEQUES THOMAS 309 5th St. South Phone 329-3336 LETHBRIDGE The Greatest Name in Travel ;