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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - August 30, 1973, Lethbridge, Alberta High home prices political hot potato in U.K. LONDON The high price of buying a home may be- come on this fall for Ed- ward Heath's Conservative gov- whose stock already is in the popularity stakes. In particular it will hurt the administration where its sup- port is traditionally among the property-owning middle-class. The continuing controversy over mortgage interest rates took an ominous turn this week with one mortgage companj chief predicting rates may go as high as 14 per cent to com- pete with the levels the banks are paying investors. Mortgage rates were raised recently to an unprecedented 10 per but British unlike gain tax re- lief amounting to roughly one- third their interest payments. Noting that several mortgage companies are talking of an 11- per-cent rate before year's the newspaper said the issue would likely become Heath's political If interest rates do rise stee- the middle-class Con- servative voter may grow as disenchanted with the govern- ment as trade unionists appear to be over pay restraints and the scaring cost of the weekly shopping basket The latest political popularity polls showed the Liberal of power since running neck-and-neck with the well behind the opposition Labor party. Big payoff for soccer pool ivinner Cheshire Wine store man- ager Fred quit his job Wednesday and collected a cheque for 365 pounds from a soccer pool firm after se- lecting eight drawn games for the first jackpot of the English soccer season. His outlay was 22 56 cents OFFERS FOR REMOVAL WITH SALVAGE INVITED ON LOG CABIN In Waterton Townsite INTERESTED PARTIES S. A. COLLIER 328-1711 Famed Canada warship honored TORONTO Canada's most famous the HMCS is being honored today as former crew gather aboard the destioyer to celebrate the .30th anniversary of her commissioning. Vice-Admiral H. G. first commanding officer of the ship will be the guest of honor at the wrneh will in- clude an ll-gun salute The Haida gained her fame by suiking two German destroy- a submarine and 20 other enemy vessels during the Sec- ond World War. The ship also served in the Korean War. But in the ship was decommissioned and des- tined for the scrap heap until two formr crew Neil Bruce and Norman bought her for to con- vert her into a museum and war memorial. The Tribal class de- stroyer was later taken over by the provincial re- furbished as a tourist and berthed at Ontario Toronto's lakefront showplace. Now it is manned by 20 ca- dets who live on board during the summer and who will get a chance to play host for many of the original crew. The celebrants range from the oldest member of the ship's Chief Petty Officer Fred to the young- 20-year-old Cadet Petty Of- ficer Timothy Graham. mm V t. j 'V tel1 W' V n. t x o V Normal temperatures Near normal temperatures are expected for most of the country during according to the 30-day outlook of the United States Weather Bureau. Below nor-' mal temperatures are expected in of the East Coast and British Columbia. Kaiser named president VANCOUVER Edgar F. Kaiser Jr. was elected Wed- nesday as president and chief executive officer and was nam- ed a member of the executive committeee of Kaiser Resourc- es Ltd. at the company's board of directors meeting. Mr. was execu- tive vice president of opera- succeeds Stephen A Gir ard. He is also a director of Kaiser Industries Corp. and a STAMP- OF ALL 1973 MODELS SHAMROCK and OLYMPIC MOBILE HOMES ALL UNITS ARE DRASTICALLY REDUCED. We Must Make Room For The 1974 Models 14W 14 14' Here Are A Few completely furnished. Regular Ret ail STAMP-OUT PRICE 3 deluxe slider bay window. Choice of 3 models. Regular Retail STAMP-OUT PRICE 3 Deluxe Spanish 2 door Frost Free Fridge. Regular Retail STAMP-OUT PRICE 11750 MANY MORE UNITS AT OUTSTANDING SAVINGS Bonk Financing Low Down Payments Open Daily 9 'til 6 9 'til 9 After Hours Ray Tymko 327-2507 Fred Meheden 327-9103 MIDWEST MOBILE HOMES LTD HIGHWAY 3 EAST Phone 327-1986 trustee of the Henry J. Kaiser family foundation. Mr. who is moving to the company's headquarters in served as Kaiser Resources Ltd. president from 1972. He was named to the executive committee of Kai- ser Industries Corp. Workers out at Calgary CALGARY Members of the construction and general workers union vent on strike halting sewer and water line construction at new city housing developments. Dave business agent for the said workers voted 72 per cent in favor of strike action last week before walking out at Borger Utilities Construction Ltd. Picket lines were established at three locations in the city's northeast area. The first certified with the union nine months are seeking ad hour in- crease on their base pay of plus improved fringe ben- efits. S. A. president and chief executive said the Japanese investors purchased shares of Kaiser Re- sources at a share in a further step in the company's financial restructuring pro- have been aware for some time that the only effec- tive means of reducing the company's heavy debt load was to bring in new equity capi- said Mr. Girard has now been accomplished with the further equity investment of Kaiser Steel Corp. and today's equity investment by our Jap- anese customers. Neighborhood plan approved EDMONTON Alberta has become the first province to authorize municipal partici- pation in the federal govern- ment's new neighborhood im- provement Dave Rus- minister of municipal af- said yesterday. The program offers grants and loans from the Central Mortgage and Housing Corpor- Gleichen man dies under police car GLEICHEN Harry Lowhorn of the Blackfoot Indian Reserve was killed Wed- nesday when he was run over by an RCMP vehicle near here. RCMP say Lowborn appar- ently lay on a road near the re- serve when run over by a ve- ru'cle driven by Constable D. G. Pittendreigh of the Gleichen de- tachment. Calgary coroner Dr. Li. A. McKercher said an inquest will be held but no date has been set. ation to assist communities In upgrading their older residen- tial neighborhoods. In his announcement of the federal Urban Affairs Minister Ron Basford said it a much more appropriate an- swer to the problems of older neighborhoods than the bulldoz- er clearance A total of million has been reserved for neighbor- hood improvement operations in Alberta during the next 18 months. Most funds will be given as grants equal to half the cost of improvement programs. Low- interest loans will also be avail- able to underwrite 75 per cent of costs. INSURANCE LIABILITY BONDS AUTO FIRE ROSSITER AGENCIES LTD. ESTABLISHED 1911 Floor 517 4th Avi. 9. Phono 327-1541 1965 METEOR RIDEAU these PB.......... 1969 TOWNSMEN roof excellent......... 1969 GMC Custom radio......... S2010 1968 FORD TON 6 4 mint con- dilion........... 1968 Ford Fair-lane 2 door radiali 1610 SOMMERFELDT CAR SALES 321 13th ST. N. PHONE 328-9444 The elorious beer of Copenhagen AT REGULAR PRICES Nowbrewed in Alberta Carlsberghaslongbeentheworld'smost exported Lager beer. Now this glorious beer of is brewed right here in Alberta. And because it's now brewed you can enjoy Carlsberg at regular prices. Carlsberg brewed with all the skill and tradition of Denmark to the taste of Canadian beer drinkers. Discover Carlsberg for yourself. Canadian Breweries Alberta COPENHAGEN city of beautiful towers 'f t i 1 .1 ;