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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - December 11, 1971, Lethbridge, Alberta Saturday, DiMmbtr 11, 1971 THE IETHWNDOI HWALD 10 Bond prices Supplied by Doherty Roadhouse and McCuaig Bros. GOVERNMENT OF CANADA BONDS Sept 1, '72 100.05 100.25 5V4% Oct.' 1, '75 101.00 101.50 8 Jill 1, '78 110.00 111.00 Sept. 1, '83 87.25 87.75 Perp. 3 Sep. 15 41.00 43.00 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 Alberta 8 Ontario 7 Ont Hyd 9 New Br 9 Ntld N. S. Quebec 7 Alberta 8 Man Hyd 8 Sask 8: Nfld 9' AGT 8 Man Tel 8 Alta G T Alcan B.C. For EC. Tel Bell Tel 9'.i Bell Tel K CPR K CP Sec 91: Cdn Util GV'z'J '90 108.00 'IJ8 90.00 '9-1 112.00 '90 109.00 '74 100.00 '92 88.00 '74 101.00 '90 109.00 '91 102.00 'DO 110.00 '90 107.00 '74 104.00 '74 104.00 110.00 100.00 114.00 111.00 102.00 90.00 103.00 111.00 104.00 112.00 106.00 106.00 '90 106.00 108.00 '91 108.00 110.00 '92 106.00 108.00 '90 107.00 109.CO '79 107.00 109.00 '93 109.00 111.00 '89 104.00 106.00 i '90 104.00 106.00 '91 106.00 108.00 RATS FED ON A DIET HI6H IN STARCHES AND SUGARS, SEEM TO PREFER DILUTED ALCOHOL TO PRINK RATHER THAN PLAIN WATER. HOW- EVER, WHEN OH A MORE NIU- TRITIOUS DIET THEIR CON- THIS INDICATES GOOOHU- TKiriOH COULD HELP HIMMH oaiumeas FROM BECOMING ALCOHOLICS! To 44531. SI. 136. Conoda. Business Opportunities Be the proud owner of one of North America's fastest growing and most profitable small businesses. EXCLUSIVE ELECTRONIC TICKET OPERATED MAYTAG STORE MINI-MAGIC STORE LEATHER SUEDES FURS Featuring Specialized and Conventional Drycleaning We assist you in tOCATIONS PLANNING TRAINING FINANCING Our Representative will be In your City on TUES. ond WED. Dec. 14 and 15 at the El Rctncho Motel Call him for art appointment LINLAND EQUIPMENT SALES LTD. TORONTO WINNIPEG CWNG 9% Gulf Oil nler p P Uassey toranda nt Nickel N and C G jt. of Cdn IY Cdn P fr Cdn P 10% Alta G T Vk% '90 124.00 128.00 Jons Gas '89 94.00 96.00 Scur Rain '88 87.00 89.00 fr Cdn P 5 T. '89 91.00 93.00 WC Tr C 5V4% '88 88.00 90.00 WC Trans '91 113-00 115.00 Dynasty 7 '82 72.00 77.00 Acklands '88 86.00 88.00 '90 106.00 '90 105.00 '90 107.00 '80 107.00 '90 104.00 '90 107.00 '91 106.00 '90 108.00 '90 108.00 '90 110.00 108.00 107.00 109.00 109.00 107.00 109.00 108.00 110.00 111.00 112.00 CONVERTIBLES Ford prices jacked up DETROIT (AP) Ford er's suggested retail prices of Motor Co. announced today it lias increased the manufactur- its cars and tracks in the United States by an average of 2.6 per cent. The increase would average a car, M. S. McLaughlin, Ford vice-president-sales said. Ford received price commis- sion approval for a 2.9-per-cent increase. Apparently because ol competitive considerations, Fore decided to make a 2.6-percent increase. General Motors Corp. finnounced recently it was rais- ing passenger car prices an av- erage of 2.6 per cent. Ford said optional equipmenl prices were being 'no-eased an average of 2.7 per cent. Increases would range from 66 cents for the Mercury Colony Park station wagon to for the Continental Mark IV. The subcompact Pinto price was raised to Pinto' was introduced in 1970 at a sug- gested retail price of but its price was increased to re- flect increased costs of its im- ported engine and transmission. Ford Motor Co. of Canada Ltd. has not increased its 1972 model prices but is expected to do shortly, following the rest of the industry. In July, Ford announced In- creases of about five per cent for 1972 models but this was later rescinded following the U.-S. wage-price freeze in Au- gust. Insurance firms invest in Alberta MONTREAL CP) Life in- surance companies had billion invested in Canada at the end of 1970, the Canadian Life Insurance Association re- ported today. Anthony H. Hicks, president of the association, said more than two-thirds of this capital had been generated by the sav- ings of Canadian policy holders. The other one-third repre- sents investment made in Can- ada by life insurance compa- nies on behalf of policy holders living outside the country. Total investments in Alter- ta at the end of 1970 were 072 million, an increase of million in the last two years. Most of this capilal repre- sents the savings of life insur- ance policyholders in Alberta but additional amounts are ac- counted for by the savings of policyholders living in other parts of Canada or the United States. Of the total investments in Alberta, million were in corporate securities, mil- lion in provincial government and municipal bonds, mil- lion in mortgages and real es- tate, and the remaining million in other assets. Some drugs not doing job Strip-mining hearings set EDMONTON (CP) The En- vironment Conservation Auth- ority will hold the first of a series of public hearings on the environmental impact of strip- mining operations in Alberta in Grande Prairie Monday. Other hearings will be held In Lethbridge Wednesday, Dec. 15, in Edmonton Friday, Dec. 17 and in Calgary Tuesday, Dec. 21. Environment Minister Bill Vurko intends to present a re- vised Surface Reclamation Act to the next session of the legis- lature. H. H. Smith Ltd. Customs Broker 263-80501 K1NOSOATE BM14I coum Phon. 344-3822 DEPARTMENT OF INDIAN AFFAIRS AND NORTHERN DEVELOPMENT BAND MANAGER REQUIRED Ermincskin Band Hobbcmar Aha. QUALIFICATIONS FINANCIAL AND GENERAL AD- MINISTRATION UNDERSTANDING OF INDIAN ACT AND ABILITY TO WORK WITH INDIAN PEOPLE. GEN- ERAL KNOWLEDGE OF SOCIAL PROGRAMS, TENDER- ING AND CONTRACT PROCEDURES FARMING AND RANCHING. INTERESTED APPLICANTS SUBMIT LETTER IN OWN HANDWRITING TO: SECRETARY ERMINESKIN BAND, BOX 219, HOBBEMA, ALBERTA, NOT LATER THAN DECEMBER 28, 1971. PLEASE INDICATE EDUCATION, WORK HISTORY, PRO- VIDE REFERENCES AND SALARY REQUESTED. INTERVIEWS WILL BE HELD FOLLOWING CLOSING DATE OF APPLICATIONS. FOR FURTHER INFORMATON CONTACT THE ADMIN- ISTRATOR HOBBEMA, PHONE 585-3790. Sales tax prospect criticized EDMONTON (CP) State- ments by provincial treasurer Gordon Miniely about the pos- sibility of a "restrictive" sales tax in Alberta are another step by tile Progressive Conserva- tive government toward aban- donment of its significant cam- paign a Socia Credit party spokesman said today. "The acceptable course lies not in searching for tax in creases but rather a curtail ment in the rate of growth o! the costs of health, welfare and education, winch account for more than 70 per cent of pro vincial spending, James Hen. derson said in a prepared state- ment. Mr. Henderson, MLA for Wetaskiwin-Ledue and a for- mer cabinet minister, said the government must clamp down on spending and let existing revenues catch up. INDEX RISES The consumer price index rose to 135.4 last month from 134.9 in October, reflecting higher housing and clothing costs. Food prices remained the same for the two months, and transportation costs drop- ped slightly. All other components of the index rose. The index is based on 1961 prices equalling 100. Investors come to life MONTREAL (CP) Some drags on the market today are not doing their job because they do not get into the Wood stream, a symposium on the ioavailability of drugs was told Thursday. "Bioavailability simply means how much of a drug, per unit dose, is actually absorbed by the blood and used by rhe Dr. Denys Cook, director of the Pharmaceutical Chemis- try division of the Federal Food and Drug Directorate, told the symposium. Many doctors, he said, assume that a tablet or capsule that contains the same amount of a drug must be therapeutically equivalent. But this is not nec- essarily true for some drugs. The drug delivery system hether it is in a tablet, hard capsule, a soft eleastic capsule, an enteric coated the additives, which add enough bulk so the drag can be put into the tablet form, ail affect the absorption rate of the drag. "Different manufacturers may be making the same basic drug, which is chemically pure and meets all FDD require- ments, but the delivery system they use may alter the delivery rate and the amount delivered to the desired place in the he said. TJie result: One company's drag is effective, another's to- tally ineffective. The FDD is now measuring the bioavailability for every manufactured brand of certain .ypes of Dr. Cook said. "Years a.go, the fancy coating ;hey put on vitamin tablets to make them taste better just wouldn't dissolve in the stomach and tiie vitamins couldn't get into the blood stream." That problem has been solved [or vitamins so those types of tablets are not being tested. 'But tests of bioavailability are done for many antibiotics, 'time capsule' drugs, anti-infla- maSory and anti convulsanl drugs. :'These are drugs that are known to be a problem because they don't dissolve readily in the Dr. Cook added. The FFD now is testing a few new drugs and will be doing more as resources become avaialable, Dr. Cook said. "The names of the brands which pass our tests are pub- lished in a monthly bulletin which goes out to all medical personnel and druggists." The two-day symposium here was conducted by the Canadian Association for Research in Toxicology. The 125-member association groups scientists from in- dustrial, academic and govern- mental bodies. The papers and symposium are financed by granliS from government and in- dustry. By PETER LEICHNITZ Canadian Press Stalf Writer A marked increase In trading highlighted activity on major Canadian stock markets as is- sues in most major sectors con- tinued to record strong ad- vances. Although Uie advance was not as spectacular as the previous week, analysts said the market now has "for the first time in several months" a firm base from which to progress. "Investors are begiraing to regain confidence in the state of the economy and its future course and this is being reflect- .ng in sudden turnaround of stock price one analyst said. Much of the market activity was a result of trade talks be- tween Prime Minister Trudeau and President Nixon in Wash- ington Monday. Although no major announcements resulted from the meeting, market ob- servers said many investors in- terpreted Ihe meeting as a posi- tive step in regard to Canada- U.S. trade relations. At Toronto, the industrial index gained 2.55 points to 74.18. A record 10-day rally, the longest in more than two years, came to an abrupt end Thursday as prices closed lower under a wave of profit taking. NY PRICES LOWER At New York, prices edged fractionally lower interrupting a two-week advance. Trading was active. On the Montreal and Cana- ian stock markets, the eompos- te index was up 2.72 points to 77.93. Combined volume on the two exchanges as 5.06 million shares compared with 4.99 million last week. Trading continued heavy on the Toronto market. Total vol- ume during the week was 10.44 million shares, up from 10.26 million last week. At New York, prices traded within a narrow range during most of the week. The Dow Jones industrial average of 30 coy blue-chip issues lost 2.85 points during the week to 856.74. Volume was 81.60 million shares, down from 92.81 million ast week. GOLD REACTS SHARPLY Gold issues, which drifted fractionally lower during the early part of the week, reacted sharply to the continued weak- ness of the U.S. dollar and recorded a strong recovery late in the week. The price of gold on the Lon- don bullion market reached a record high early in the week and was a major factor for the recovery- Tlie Toronto market's gold index was up .05 points to 145.38. Western oil and base metal Is- sues enjoyed renewed investor interest as prices continued to advance in both sectors of the market. Stores sold to The Bay THUNDER BAY (CP) Ne goliations have been completed for the purchase by Hudson' Bay Co. of four northwestern Ontario department store iwned by Chappies Ltd. Lloyd Hurdon, president of Chappies Ltd., said today the sale would involve company stores in Geraldton, Marathon, Red Rock and Schreiier. It would not affect the firm's Thunder Bay store. Analysts said mud. of ao- Ivity is "bargain-buying" with nvestors buying Into issues which have over-sold ind an increase in buy orden from J.S, investors. The Toronto market's metal Index was up 1.76 to 74.04 and the western oil index 3.02 to 204.98. Dividends By THE CANADIAN PRESS Canadian Industrial Gal tnd Oil Ltd., per cent pfd. 2714 cents Jan. 1, record Dec. 17. Dominion Dairies Ltd., 40 cents Jan. 14, record Dec. 24. Domtar Ltd., pfd. 25 Dec. 31, record Dec. 17. Howard Smith Paper MUli Ltd., pfd. 50 cents Dec. SI, record Dec. 17. John Labatt Ltd., common 18 cents Jan. 15, record Dec. 17; series A pfd. 25 cents Feb. 15, record Jan. 21. Power Corp. of Canada Ltd., per cent pfd. 1965 series 59% cents Jan. 14, record Dec. 17; five per cent pfd. 15 cents Feb. 15, record Jan. 28. "X" MARKS THE SfCf WARDS RENTALS LAND INVESTMENT OPPORTUNITY 160 acres 320 acres or 640 acres adjoining the town of CLARESHOLM Here is on opportunity for on Investment group. Individual or company to acquire an interest in a well located proporty. Partnership interest also considered. 640 Terms flexible. For full detail! call CHARLIE LEECH 284-3344 (24 hrs.) or 289-4161 (Rei.) Exclusive agents for the abova P. J. TOOLE and COTE REALTORS CALGARY No. 222 North Hill Shopping Centre Crossword By Jennie Lemmo ONE MORE FOR THE ROAD Toyota prices raised again TORONTO (CP) A second price increase for 1972 Toyota vehicles was announced Friday, making the total increase sold to 10 per cent compared to 1971 prices. The company blamed an upward revaluation of the Japa- nese yen. The latest increases, effective Jan. 3, average 2.7 per cent. The earlier increase, averaging 7.1 per cent, was effective Sept. The company gave Ihis exam- ple of the increases: A Corolla 1600 coupe wilh four-speed shift, which carried a suggest retail price of last summer, was increased to Sept. 29 and will be increased SB5 Jan. 3, making the new price increase of ?23I or 10 per cent over last summer. Mnking Rejnrvntionl THE HOTEL WITH MORE TO OFFER AND WE NOW HAVE COLORED TV For Your Convenience in CALL AND ASK FOR LONG DISTANCE ZEnith 0-7255 nt no cost to you IVIERA MOTOR HOTEL 5359 Calqctrv Trail Edmonton, Alberta Phono: {'103) Telax: 037-2510 1 Bout: colloq. 6 Illustrious 11 Information 15 Goal 20 Fletcher'l product 21 Peace goddesi 22 Begin 23 Boo-boo 24 Drink to for- get: colloq. 2.1 S. American enimal 28 Daybreak 29 Mormon's obligation 30 Granulated 32 Hostelry 33 Nice season 34 Plower----- 35 ___ W.iuqh 3G-----Navarro 39 N.Carolina city 41 Clydesdale's tresses 43 Toss 46 takeover Gloomier 2 Printing goofs 3 Gardening implement 4 Burg 5 Possess 6 Terminata 7 Mountain crest 8 Network 9 Being: Sp. (0-----Tag 11 Rout 12 Mythical Norse king 49 native 50 Small ropa 51 Danger 53 Nimble 54 Transfera- ble design 57-----Bay 59 Nickname for 72-A 61 Black 62 Noah's son 63 Met soprano 65-----Adams 66 Resembling: suff. 67 Limb 68 Have a quick one: colloq. 72 English queen 73 With clangor 75 N.C. college 76 Recent 77 Diaphanous 78 Ointment 79 Nocturnal animal, for short 80 Olympian goddess 13 Peking sky 14 Goose genus 15 Convened 16 Age 17 Getting at the pu> colloq. 18 Bourbon source 19 Irish isles 22 Unfailing 25 N.Zealand district 26 Oeillada 31 Sire's mate 81 Fixed charge! 82 Spindly 84 Fr. Guiani tribesman 85 Hawaiian windstorm 86 Distilling apparatus 89 Aware 90 Tennyson poem 93 Japanesa outcast 94 Residue 95 Carrack of yore 96 Cupid 97 Arid 98 Rind 99 Whiskey to Cochise 102 Shakespear- ean heroine 105 Renown physicist 106 Wed on the 107 Get in shape 109 Give off 34 Small uOttla 35 "Winterset" playwright 37 Gettysburg winner 38 Neronian names" 40 Dash 41 -----dieuxl 42 Cunnirif 44 Sphere 45 Jesuit's cap 47 Anhurian 48 Proffer 110 Cedar Rapids college 111 Narrate anew 113 Hundredth of a yen 114 High-strung 115 Italian ciiy 119 Greek serf 121 Flock 123 Dermal aperture 124------eye 125 Tootsv'i member 127 Enactment 130 Girl's name 1330tate 136 Went to "bend elbow" 139 Fashion 140 Bay window 141 -----Bean 142 Choice 143 Subject 144 Rebuke 145 Wee 146 Proceeded 50 Laqo north of Milan 51 Luxurious 52 Large spoon 54 Campus VIP 55 Spanish rio 56 Bobby Burns title: var. 57 Indian servant 58 Couturier's creation 60 Never: Ger. 62 Maintained 64 Unspoken 68 Sinewy 21 x 21, by Janet C. Flory ACROSS 1 Arab fabric 4 Child-car" hurt? ricio 9 "Naturfl then broke 26 Arab or Jew the-----." 11 Strident l.T Pollmon b Ottawa r.hicf 17 Light brew 1R Obwrved 20 Wrath 21 Bolster 73 Si, eft 24 Sneaky 29 sal 31 Half-bel 32 DflSBM springs (lying isle 36 Egyptian god 38 Moslem 41 Numbers ex- pressed, in scales of 10 43 Concert halls 44 Paleozoic division 45 English jiuto hood 47 Instrument ol power R1 Schooled 55 Russian mountain raniyj 56 Vivid 50 Traveled bv shanks' mare 59 A Fury 61 Purloined 63 Inflicted a heavy blow 69 Gasses 70 Plai-a lass 71 Girl's name 72Paidonmel 74 Starch 77 Prophet 79 Barrel makers 80 Large cask 81 Excoriate 64 Blanched fiG Indian coin 6; Rend overseas 69 Mnqnon 72 Contraction 7ii PUmiff 77 si. 00 Rnvnt of R1 Snlami, e.g. 83 Gentleman of no title RR Slavey 86 More certain 82 Shoe style 83 Store fodder 84 Actress May 85 Yarn projection 86 Mouth ol a canyon 87 Particular 88 Colombian city 87 Heraldic order 88 Feel sick 89 Nourished DOWN 1 On land 7 Parke 4 Attitudes B Mild rebuks G poor Yorick" 8 Tosses 9 Masculins 90 Oriental lea 91 Niblick 92 Redact 95 Neat-a J 98 Equal 100 Fencing (oil 101 Scottish explorer 103 Down Under 10 Tans leather 11 Twirl 104 Illuminated 105 Links call 108 Breathed in 110 Jeivelpt'i weight 112 Cut Hie top otf llSPilgrim'i milieu 35 Hole in one 3G Arab stain 12 Roman god! 37 Blood-red 13Dorij 14 Grenk IGTmrlahly 19 Flsgstaff'i corporal Hairy 71 Tilt 28Czernv composrtlon 73 Aunties 30 Grerk letter 32 Lubncato 34 Derad 38 Watch pendant 3fl Turmoil 40 ImighT 42 Frostrd 44 Hnadlmrr 4fi Cupid 4H Annoy 116 Semitic 117 Describe 118 Venerated 120 Small diuir 122 Norse hero 123 Don 125 TriBl run 12G Vow 128 Parched 53 Ecccnuio one: si. 54 Run away, by twos notice 57 H.Vf a pnir 58 A.rK 59 fiinpnie nr Jotpphine 60 49 Nein, in 62 Easygoing Hiqhl.inris f'-1 Napped 50 Antiquity In.llhur 52 No-----. ands 65 Await, or maybesl trembling 129 Skidded 130 Undefiled 131 Churc' part 132 White wax 134 Slippery----- 135 Scottish river 137 Speck 138 Marching count 6G "Le ert mort" 68 Cornish cathedral town 69 Restful harvesting 71 Molding 73 Bay window 74 Catty sound 7fi Golf aid 79-----vitm 82 Breakers 84 canton CRYPTOGRAMS 1. T) E I) T C III T P A Y U 7. M R I, D F O E X 7. C, T R F, A O D PEG II11G nREAYO FOEXT CTYWEHT. Kdwnrd R. Lloyd t. V M 7, K C K K I. C D K J II W .III M I. I) W W J S HJ K W 7. A M J K II W Z W I) M S F I' 1! 7. K C S K K M P W I. A B R 7. P C A C I. K U W S K "y W- Minkin Last Week's Cryptofrrnms 1. Acquiring of rqiml rights nClm raster Ihnn sodtrinR tlioir full u.w. lliRlii-r malll slildonls apccd the sum of two tw" is four, somrllmo.. .1. Female prrformn preferred the usual ChrWmns Rifls: peifumc .mil eolotne. ;