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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - December 4, 1971, Lethbridge, Alberta Bond prices Supplied by Doherty Roadhouse and McCuaig Bros. OOVERNMEHT OF CANADA BONDS 4V4% Sept. 1, '72 100.00 100.25 5V4% Oct. 1, '75 101.25 102.00 8 Jul. 1, '78 110.00 111.00 4K% Sept. 1, '83 87.50 88.00 Perp 3 Sep. 15 41.00 43.00 614% Apr. 1, '75 104.00 105.00 Jul. 1, '75 106.00 107.00 Sept. 1, '92 90.00 92.00 PROVINCIAL GOVERNMENT OF CANADA GUARANTEED BONDS 8 Alberta 8 Ontario 7 Ont Hyd 9 New Br Nfld N. S. Quebec Alberta Man Hyd 8 Sask Nfld 9Vz ACT 8 Man Tel 8 '90 108.00 '88 98.00 '94 111.00 '90 108.00 '74 100.00 '92 88.00 '74 101.00 '90 109.00 '91 102.00 '90 109.00 '90 107.00 '74 104.00 '74 104.00 Alto G T Alcan B.C. For B.C. Tel Bell Tel Bell Tel CPR CP Sec 9% Cdn UtU 9% CWNG Gulf Oil 8% Inter P P 9% Massey Noranda 9Vi fat Nickel 9V4 '90 107.00 '91 108.00 '92 105.00 '90 105.00 '79 107.00 '93 109.00 '89 105.00 '90 105.00 '91 106.00 '90 106.00 '90 105.00 '90 103.00 '80 105.00 '90 107.00 '90 107.00 110.00 100.00 114.00 110.00 102.00 90.00 103.00 111.00 104.00 109.00 106.00 106.00 110.00 107.00 109.00 111.00 107.00 107.00 108.00 108.00 107.00 110.00 107.00 109.00 110.00 IN EDMONTON Stay At the RIVIERA Making Reservations THB HOTEL WITH MORE TO OFFER AND WE NOW HAVE COLORED TV For Your Convenience In CALl AND ASK FOR LONG DISTANCE ZEnith 0-7255 at no cost to you IVIERA MOTOR HOTEL 5359 Calgary Trail Edmonton, Alberta Phone: (403) 434-3431 Telex: 037-2510 N and C G 9V'2% '91 104.00 106.00 St of Cdn '90 107.00 110.00 TV Cdn P '90 108.00 110.00 Tr Cdn P 10% '90 109.00 111.00 CONVERTIBLES Alia G T '90 121.00 Cons Gas 514% '89 94.00 Scur Rain '88 87.00 Tr Cdn P 5 '89 89.00 WC Tr C '88 87.00 WC Trans 714% '91 111.00 Dynasty 7 '82 68.00 Acklands 714% '88 85.00 124.00 96.00 89.00 91.00 89.00 113.00 73.00 87.00 Gordon Elves dies at 54 CALGARY (CP) F. Gor- don Elves, former president of the Calgary Stock Exchange, died suddenly Thursday at age 54. Mr. Elves was well-known in city investment circles and served as exchange president from 1957 to 1966, a position his father, Fred, held in 1934 and 1935. RCMP probe guii deaths CRANBROOR (Special) James Carl Burkett, 46, oper- ator of the Pines Mobile Home Park in Kootenay Orchard, was apparently murdered Thursday afternoon, and his 48-year-old killer then shot himself, RCMP believe. The latter, not identified until next of kin in eastern Canada have been located, died within minutes of his victim, and both were dead when RCMP arrived minutes after a call from the rural park a mile south-east of the city. Dividends By THE CANADIAN PRESS Canadian Industries Ltd., common 15 cents Jan. 31, record Dec. 31; pfd. cents Jan. 14, record Dec. 15. Laurcntide Financial Corp., common five cents; pfd. 35 cents; pfd. 50 cents, all Dec. 31, record Dec. 10; 6V4 per cent pfd. 31% cents Jan. 31, record Jan. 10. H. H. Smith Ltd. Customs Broker 328-8141 COUTTS Phoni 344-3822 Prices surge in week By PETEK LEICHNITZ Canadian Press Staff Writer A series of announcements by the federal government which may indicate the Canadian economy is on the road to re- covery combined to give prices on major Canadian stock mar- kets their largest one-week ad- vance of the year in active trad- ing this week. The Toronto stock market's industrial index, a prime indica- tor of market movement jumped 9.19 points, its sharpest one-week gain of the year, to 171.63. Early in the week the federal government announced Prime Minister Trudeau would visit Washington Dec. 6 for trade talks with President Nixon. One analyst said: "It appears the economic uncertainty which has been hurting the market in recent months is on the brink of being at least partially resolved and many investors who in the past have remained out of the market now are buying issues which are currently under- priced." The government also an- nounced thai Canada's'gross na- tional product rose 2V4 per cent d ti r i n a the third quarter of this year and that foreign excltange reserves dur- the month of November climbed million to a record billion. At New York, prices posted Govt. nets for permits EDMONTON (CP) The Al- berta government has netted from a petroleum and natural gas permit sale. Sun Oil Company Ltd. paid top bids of and for two parcels of land, the first totalling acres about 100 miles northeast of Edmonton, and the second acres southeast of Coronation about 170 miles northeast of Calgary the Alberta-Saskatchewan boundary. Sulpetro of Canada Ltd., paid for acres south- east of Wainwright about 120 miles southeast of Edmonton. No offers were received for five of the 23 parcels. Sales climb at Zetter's Limited reports a sales increase for the nine months ending October, 1971, of 17.5 per cent. Sales totalled to the end of the company's third Fiscal quarter, which repre- sents an increase in volume of over the comparable period last year. Net income for the nine months to October, 1971 was which was equal af- :cr payment of preferred divid- ends to 26 cents per common share against 24 cents a share earned in the corresponding nine months of 1970. SECOND CLASS STEAM ENGINEER Required for the operation of a Power House and related operating equipment at our Empress Gas Plant situated 60 miles north of Medicine Hat, Al- berta. The successful applicant must hold or be eligible to obtain an Alberta 2nd Class Steam En- gineer's permit. This position is shift work on a forty-hour per week basis. An excellent benefit program is offered and Company housing available for a married, man. Reply in confidence to: Mr. L. P. Carroll, Employee Relations Assistant, PACIFIC PETROLEUMS LTD., P.O. Box 6666, CALGARY 2, Alberta. PACIFIC PETROLEUMS LTD. P.O. BOX 6666 CALGARY, ALBERTA TAX SHELTER PHYSICIANS DENTISTS We will buy your present equipment at full original value and lease back. Think what you could do with the money you have tied up In your office. PROFESSIONAL SUPPLIERS AND ALLIED TRADE REPRESENTATIVES THIS OFFER IS WORTH INVESTIGATION TODAY Phone 328-5037 LETHBRIDGE or 823-5811, DRUMHELLER DAY OR NIGHT MONARCH LEASING LTD. Ste. No. 1006 Board of Trade Tower 1177 W. Hastings St. Vancouver B.C. ALL REPLIES HELD IN STRICT CONFIDENCE one of the strongest advances of the year as Wall Street closed higher for the second consecu- tive week. INDEX CLIMBS On the Montreal and Cana- dian exchanges, the composite index climbed 8.49 points to 175.21. Combined volume on the two exchanges was 4.99 million shares, combined with 4.44 mil- lion last week. The Toronto market recorded Westcoast Petroleum profits climb CALGARY (CP) West- coast Petroleum Ltd. today re- ported net earnings for the nine months ended Sept. 30 of compared with for the comparable pe- riod last year. The company was formed last September through the amalgamation of Weslcoast Production Co. Ltd. and West- ern Pacific Products and Crude Oil Pipelines Ltd. The operating results of the predecessor companies w er e restated under one accounting system. Gross revenue was up from Cash flow was ot a share for the first nine months this year, compared with or a share the previous period. The company announced it will participate in a 40 well drilling program worth mil- lion during the winter months. Thirty of the wells will be drill- ed ui Alberta and the remain- der in B.C. ROAD BUILDERS South Africa plans to spend million on new roads and bridges during the next three years, the planning ministry says. one of its most active weeks of the year. Total volume was 10.20 million shares, up sharply from 7.08 million last week. At New York, the Dow Jones industrial average of 30 key blue-chip issues gained 40 points closing Friday at 859.59. Much of the trading activity came from reports from the Group of Ten 10 richest free countries in the the U.S. might con- sider devaluing its dollar as much as five per cent if other major trading nations will put a higher value on their curren- cies. Volume at New York was 92.81 million shares, compared with 50.97 million last week. Gold issues continued to lose ground in slow trading this week. The current international monetary crisis has created a highly volatile bullion market with extreme price fluctuations. The Toronto market's gold index dropped 6.68 points to 145.33. A renewed interest by U.S. investors in Canadian resource companies helped boost western oil issues sharply higher during the week. Obervers said there has been an increasing number of buy or- ders for western oil issues from U.S. investors in recent weeks. By Gene Fawcelte IETTHEJNSJCTS DOTHE WORK! THISISTHETHEORYOFA RHODESIAN GOLD MINER WHO "PROSPECTS" TERMITE ANTHILLS TO GET AN INDIGV TION OF UNDERGROUND ORE OVERAWIDEAREA. DEPOSITS OF GOLD, SILVER, LEAD AND ZINC HAVE ALREADY BEEN FOUND BYTHE METHOD... SMPiCO BY A SHOWN A Of FINITE OORRflMIOH BflWffN THE -Saturday, 4, 1971 THE IETHBRIDGB HERALD 22, Survives mountain, ordeal -X" MAKKS THE SPOjX' WARDS RENTALS WHERE WOULD YOU LIKE TO BE 5 YEARS FROM NOW? Does your present job hold a future and a career for you? Would you like to double the income you are now receiving? This is possible with our organization. We offer a recession proof job with high potential and steady income. No canvassing. FOR MORE INFORMATION PHONE 328-8776 4 p.m. to 6 p.m. DECEMBER 4th, 6th or 7th SYDNEY, Australia (Reu- ter) A man survived a six- day ordeal while lost on a snow-covered mountain only to die Thursday from a fall down a ravine as he was wav- ing to a rescue helicopter, Alan Enver, 50, had been missing with his wife Mai- britt, 42, on Mount Kosciusko in New South Wales. As he was waving to the rescue helicopter, he fell 90 feet Into a ravine. The helicopter winched down a crew member to give emergency treatment, but Enver was dead on arrival in hospital 20 minutes later. Mrs. Enver is in hospital suffering from exposure, but her condition is satisfactory. She said she and her husband survived freezing weather and lived on gum leaves and bar- ley sugar after losing their way while on a hike on the mountain. Net earnings By THE CANADIAN PRESS All-Can Holdings Ltd., year ended Aug. 31: 1971, profit; 1970, loss. Bank of Montreal, year ended Oct. 31: 1971, million, a share; 5970, million W a r d a I r Canada Ltd. 10 months ended Oct. 31: 1971, 47 cents a share; 1970, nine cents. FOOD FRANCHISE COMPLETE NEW DINING FRANCHISE OPERATION in the East Kootenay for opening in spring of 1972. Operator required with limited finances and opportunity to purchase complete operation Reply To Box 95, Herald AGRICULTURAL SYSTEMS SALESMEN Western Harvestore, Limited Is building a large sales force to sell Harvestore Automated Feeding Systems. Sales staff Is required for Saskatchewan, Alberta and B.C. Successful applicants must have the following qualifications: Farm background 9 Degree in agriculture 0 Agribusiness experience or equivalent This position offers great financial potential: basic salary plus expenses, commission, and all usual fringe benefits. Send replies to: Mrs. R. H. Nelles, Sales Manager Western Harvestore, Limited 11915 111 Ave.f Edmonton. CrOSSWOrd By Martha J. DeWitt MEANS OF LOCOMOTION 1 Sudden downpour 6 Kind of cart often upset II Gaucho's equipment 16 Eschew 20 Received by ear 21 Tracked transport 22 Outstrip 23 Seed 24 Witchei' transport 26 Legendary Iranian transport 28'Minus 29 Savor 30. Holes in the skin 31 Balances 32 Before 33 Pares 34 Segments 35 Culled 36 Mongoloid tribesmen 1 Black 2 Tannery 3 Got up 4 N. Mexican resort 5 Slippery GGet 7 Rhombo- 8 Bargains 9 Analogous 10 Abstract being 11 Court scribs 13 Puts forth 37 Throw 38 Strong point 39 Kind of nu; 42 Precedes Carlo 43 Put to flight 44 Wound by thrust 48 Pains' partneri 49 Erring transport? 52 Site of Montfl'y 53 Groom'i partner 54 Like a grub 55 Trench river 56 Irks 58 Organs of speech 59 Framework 60 Mr, Grey 61 Bahaman 62 Old name for Tokyo 630ldtimemail transport 13 Lots of land 14 Hardy girl 15Baba 16 Pixies 17 Abode 18 Prodded 19 Cape 23Quickia 25 Desert transport backbreakei 27 To the left 30 Soft shada 33 Those nearet "34 Himalayan bear 66 Livet 67 Sides 69 Inflation gas 70 Mean 71 Ayei 73 Second sheet printer 80 Turn 81 Gean 82 Stupid ones: var. 83 Khayyam 84 Showy flowers, for short 85 Tender 86 Beset 88 Serr 89 Cere, transports 92 Resourcn 93 Magnolia 95 Collections 96 Christmas carols footballer 35 Pickled pigsfeet 36 Molts 37 Arched 38 Moat 39 Voica transport 40 Pungent 41 Government transport 42 Guillemot 43 Demolishes 45 Stuffer of sorti 46 Girl's nama 47 Premise SB Coolidge'i Veep 100 Meat, In Mexico 101 Inkstains 103 Chief 105 Pointed 106 Scratch and mash 107 Once around 110 Kind of roofar 111 112 Clocked 113 System 114 Pioneer transport oversBor 1T6 Plush ocean transport 118 Displaced by reefers 119 Strand 120 Occupied 121 Awkward 122 Farrago 123 Judean king 124 Recorded 135 Dock a boat 49 Bulletlen bulleti 50 Kind of very gallant man 51 Neck icarves 56 Projecting cap brim 57 Give off 59 Neapolitan noble 60 Famous TV 61 Czech ttalesman 63 Lederhojen 64 Nominal values 65 Eve's origin 6G Staves off 6B "Kindly Light" preccder 70 Ship holster 71 Slang 72 Kind of moon wind 73 problems 74 Senile 75 Non-register key 76 Former late, late man and family 78 Artist'i accessory 79 Greek isle 81 Thread man 83 Kicks out 85 Bessemer made it 86 Love token 87 Correlative of pitch 88 Trot and canter 91 In love 94 Redactors 95 Hivg horde 97 Spiced, hot brandy 99 Words of agreement 100 Chicago suburb 101 Stupefy 102 Looked askance 103 Run second 104 Pels 105 John Jacob or Mary 106 Redo 107 Hermit, for one 108 Expert 109 City on Ihe Swan 110 Sink or 111 Tennis star 112 Food fish 113 Ore source 115 Hardwood 11G Landed 117 Women's Diagramless v 21, by Cora Goodman ACROSS 1 Shoe fastener 6 Plateaus in the Andes 8 Washington, Lincoln and Other! 10 Pole 1 i Unyielding 13 Modern and nuisancs 14 Tatter 3 Ovine animal 1 Iowa town 6 over the Arno 6 Kitty 7 FumB 8 Dot-and-dash 32 Resort 34 Year in Trojan's reign 35 Homesickness 38 Network 41 Newspaper featura 42 Aloha 47 Dismantle 48 Crop 49 Part of thB forest Tutta" 15 Merry 17 Wife of Augustus 18 Exactly right 19 Fish 21 Endow 23 Exciso----- 25 Bearcat 27 Leaner 31 French evening 33 "Faith is like 36 Holy one; Fr. 37 High wind 38 Charlie----- 39 Famous fictional street 40 Beleaguer- 41 Lizard 43 Cupboard 44 Gl address 45 Church pit 46 Vision 47 Pricklei 49 l.pavps 50 Dna sewina job 53 Tier 54 Civic grouD 55Confpdei.ita 56 Diet, entry 53 Plunir GO Warni 62-----ol 6-1 Nnf o: 6G Kind c 69 Hsrs 71 Stalile 7-1 Knfit 76 Wen 78 By wi) CRYPTOGRAMS I. WYNO AVAI1 KWZAKV EUWI ZKYOVAII. EUKAV ROSS ny Archibald 2. S D N T 7 D IDESCENDE lETKSDEEDY OLD A W A T Z KLETWONTW U P S 0 W 1 1) E S A N I) THY K 0 7. C. V R I) Uy Nnthnn Hnrrii 1. In today's light economy nnrl hfRh prim cash intlir poor man's credit card, 2. Morfl rortnls than iwrtals on TV this yonrjvcry conuucicuil, 8. Lioness needled lion. ;