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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - December 8, 1971, Lethbridge, Alberta ________Wednesday, December 8, 1971 THE LETHBRIDGE HERALD 29 Nickel industry suffers economic TORONTO (CP) The inter- national nickel industry is suf- fering an economic hangover and a slump in consumer and plant equipment purchases has compounded the i n d u s t r y 's problems. During the late 1960s and into 1970 nickel was scarce and pro- ducers were expanding as rap- idly as they could. Then supply surpassed demand and at the same time demand began to de- cline. International Nickel Co. of Canada Ltd., the non-Commun- ist world's largest supplier, produces annual figures on con- sumption which estimate the amount of nickel actually proc- essed in factories. Industry sources say they ex- pect Ineo's 1971 es- figure usually is re- leased in December each year be between 800 million and CM million pounds. It was 985 million pounds in 1970, 844 million in 1969 and 830 million in 18C8. The decline in nickel con- sumption is in large measure a reflection of. the drop in steel production. Henry S. Wingale, Inco chair- man, noted in a speech last month to the International Iron and Steel Institute in Toronto that more than 60 per cent of primary nickel consumed last year was in steel or iron-con- taining products. Stainless steel alone accounts for 4'.l per cent of the nickel market. Mr. Wingate said the nickel- steel alloy markets are rela- tively less'important to the steel producers. Only about four per cent of steel sold contains nickel but added: "In general they are, however, high profit products and products wilh a rapid growth potential." Raw steel production for the first nine months ol this year was down 5.05 per cent from the same period of 1970 in countries reporting lo Iho International Iron and Si col Institute and ac- counting for about BO per cent of world steel production. The Inco estimate may make the nickel market look worse than it actually is. Metallgesellschaft A. G., a West German firm which is one of the largest metals dealers in the world, also estimates nickel consumption and its estimates would correspond closely to sales by producers. While Inco estimates the amount of nickel consumed by factories. Metall- gesellschaft' adds both use and stockpiling. Falconbridge Nickel Mines Ltd. makes projections on Me- tallgesellschaft figures and the projection for 1971 is between 900 and 910 million pounds, up lo about 10 per cent more than what industry sources expect the Inco estimate lo show. Falconbridge, the non-Com- munist world's No. 2 nickel pro- ducer, projects consump- tion at belween 980 and S90 mil- lion pounds. Ths Metallgesellschaft con- sumption figure for 1970 was 9SO million pounds; for 1969 it million pounds; and, for lifiHi it was 813 million pounds. PRICE DECLINES The established Canadian price for nickel now is cents a pound. A year ago it was above S2. half century Halmrast to Edmonton dub EDMONTON More than 50 derdah u. niiiiiu Early in the program presi- addressed the latest dent Howell called on James R. years in the story of educatio in Alberta came under review when L. C. Halmrast of Leth bridge addressed the latcs meeting of the As One That Serves Men's Club in St. James United Church here. Jack Losie mentioned that Mr. Halmrast had been minis- ter of agriculture in Alberta for nine years, and minister of wel- fare for more than six years. During the 15 j'ears he had been in cabinet Mr. Halmrast had remained at the head of the Alberta Emergency Mea- sures Organization Civil De- Mr.' Losie stressed the fact that Mr. Halmrast had been appointed to the board of Fore- most School Division No. 3 in 1936 and had served as deputy- chairman of that board for nine years prior to his first election to the legislature in 1945. With a charm of manner and complete familiarity with his subject, Mr. Halmrast told a bit of the frustration, the dis- couragements and the real achievements that were asso- ciated with the launching of the first school divisions in the province. Mr. Halmrast proceeded to tell a bit about his earlier years when be had herded sheep and later became a sheep rancher in his own right in the King's Lake area. Discussion of the formation of the Foremost School Divi- sion No. 3 gave strong empha- sis to the name of the man who had directed the then new set- up H. A. Macgi-egor, now of Edmonton. He was not present. Mr. Macgregor went to Fore- most in 1934 as school inspec- tor and served as the first su- perintendent of the school divi- sion. As superintendent. Mr. Macgregor was followed by H. S. Baker, now Dr. H. S. Baker of Edmonton. He served for nine years as dean of the faculty of" education of the Uni- versity of Calgary. In turn Dr. VCrSliy OI ill HUM Baker was succeeded in Fore- vision hnving a superintendent most by T. C. Byrne of Edmon- most and nine years as chief inspector of schools, he be- came deputy minister of educa- tion and is now serving as presi- dent of the university in the I' making at St. Albert. During his days on the board of the Foremast school rlivi- 111 Fosttr Orion. of Manyberries and Gcw from north of McFall to introduce distin- guished visitors and to read a noie which h: had received from a neighbor cf long ago, Perren E. Baker, who was min- ister of education in Alberta from 1321-1935. The note read as follows: "Yocr unexpected letter came, as you suggest, like a voice from the past and I thank you and other men of the AOTS Men's Club cf St. .lames Uni- ted Church for your kind in- vitation. "You tell me that, at your next mec'ing you expect to have a.s guests Mr. Halmrast, Mr. Baker and Dr. Macgregor and also invited Dr. Byrne all cf whom have been closely associated wilh the schools of the Foremost division. Their thoughts as they meet their former colleagues will natural- ly turn to the past. Mine, too, go back to the sufficient sup- port to make the scheme work- able. "It is not to be expected that many members of this group would bo interested in the de- tails of that fight of long ago. You will hcwever, I trust, bear wilh me a few moments while I give your distinguished edu- cationist guests a glimpse of what was going on behind tho scene. "Much thought and study had gone into the preparalion of the bill that I was proposing to in- troduce .in the 19r.il session of the legislature. In discussing it with Ciiief Inspector George Gorman, there arose the ques- tion of what our larger scliool units should he called. "School districts" wcuhi ncl co since we iieeced a name for Ihc new units. After casling .ine.ul for .some lime the example of railroads came to my mind. The CPU was or- ganized by "divisions.1' each di- 1 i.-llull 11 .111'.V.I JIHl.IHH.JIL. in charge. These terms seemed mOSC Dy 1. ttynic Ul EAmiuJi- .....c> ton After five years at Fore- suitable so they were written __ tllo Kill into the bill. "Th.it bill after being debated in the legislature, was with- drawn ii wr.s decided thai il '-id not sufficient public sup- lo make it workable. The ild government went out and government, at its sion, Mr. Halmrsst said that he my ?c.--sion. passed (lie had served with each of the j bill eroding larger school three men. Both Dr. liakor and D. Byrne were present as guests units. With minor changes il u-as a replica cf the bill of Premier Aim-hart Problems for the major pro- d lifers are compounded by price-cutting by small compa- nies. Producers in Africa, Fin- land and Greece have been marketing nickel at prices as low as SI a pound. The large companies rely on long-lerm contracts and the small compa- nies disregard the uniform price structure used by the major producers. The situation within the indus- try is dramatically demon- straU'd by one sU'.tistic front accounts for more half the deliveries in lire nuri-Cummunist world. Ineo's inventories at the end of September were valued at S425 million, more than triple Ih2 million worth of nickel the company had in stockpiles at I he end of 1S70. As a result. Inco has made two reductions this year in pro- duction levels, or.o by seven per cent and the second by 15 pel- cent. New PoW release in sight EAIGON (AIM The South Vietnamese (Wvernmcnt is plan- niistf anoth'.T hifl prisoner re- lease in an effort lo get Hanoi !o American pri.sont'rs, offi- cial (iiselosiKi today. The sources said 1) o t li V i e 1 n a in e s e and Vie! Cony would be free durir.s Christmas. New Year's and the Tel cele- bration of lunar new year in mid-February. The Saigon government also will announce ceasefires for the ihrce holidays, the sources said. The Viet Cong already has de- dared thrce-dav ceasefires for Christmas and New Year's and four days for Tet. The number of prisoners to be freed has not yet deter- mined, the sources reported. IIul the Saigon newspaper Xay JJung said the government is considering releasing about North Vietnamese and Viet Cong and granting amnesty U> another Viet Cong. It would be the biggest PoW re- j lease of the war. Find uranium nOTORUA (Renter) Ura- nium has been found on ths re- mate and uninhabited Auckland islands 350 miles south of New Zealand's southern tip, a mining firm announced Wednesday. MAPLES USED HALIFAX (CP) This city will fill needed tree replace- ment.? wilh No-way maples in future, says Ben Scallion. assist- ant supervisor of city parks and grounds. The Dutch elm may not be planted here because of fear of Dutch eta disease, he explained. and .shared the head table with cccdcd wilh dispatch lo put ii Mr. Halmrast. into cpcralion unit Alberla had Ilio (irst representative on a new and heller .school svs- Inc board from the northwest. i tern wilh, th.inks lo the CPU corner of the division was the divisions ar.d supf.-inlondenls late 0. F. S'olhcrg of Bow Is- _______________ land. At the first meeting he elected chairman, and he served in that capacity as long as ho remained on the As trustee Mr. Solbcrg was succeeded by H. E. Strom of liiiiilcu mm in due time was 10 he Ihc man wiio would succeed Mr. Halmrast as minister of agriculture and who subse- quently would become premier of the province. (ithor men who sowed ns Irvslces on tho Ixiard of Fore- most School Division No. I! and mcai MI-HUTS 10 nve- v.c.-o lalcr elected lo l.i lo local re- legislature included James Un- j tail oullci.s. ,10 JIIN'KS. Onl. (CPl An abattoir will Ire eonslriieled provide a new Irict. Iho.sloeli producers. Wilh financial assislance from the federal-provincial Agricultural Rehahiliinlion and Development I Agreement, the new slaughler- J ing facilities will lower market I transporlalion enabling local lo live- SIMPSO The Tumble Stone rock-polishing kit .99 Turn rough stones into sparkling 'gems' A complete toy rock-polishing kit that lets you create sparkling 'gems' to mount as cuff-links, key chains rings, etc. Assorted pre-tumbled stones, ready for polish- ing are included everything you need! We have a cure for toy shopper's nerves Shopping for the right toy is often a real chore. And we, at Simpsons-Sears, understand your problem. That's why we sell not only the toys you see on T.V., but hundreds Also, we nme a sincere error! to ensure that you'll find no lower prices. Anywhere. The deluxe Woodburning set special Lets you create unique pictures and designs on wood, leather, cork or colour foil. 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