Lethbridge Herald, The (Newspaper) - December 18, 1974, Lethbridge, Alberta
42 THE LBTHBRIDGt htKALD Wednesday, Decembtr 18, 1974 500 million coins per year capacity New mint nears completion stage WINNIPEG (CP) A new Royal Canadian Mint with the capacity of producing 500 mil- lion coins a year on a single- shift basis is nearing the final stages of completion. Mint director Kenneth Grant said the first coins will be rolling off the presses at the end of January, although the official opening is not scheduled until mid-summer. Mr. Grant said in a recent interview the mint will be one of the world's most sophisticated money-making plants. "This should be the most modern mint in the world. We availed ourselves of the latest equipment and technology we could find." The plant, built in conjunc- tion with a 12-storey office building in a Winnipeg suburb, Tranquil site A monastic view of the Centre Block of the Parl- iament buildings is captured by a camera through the iron fence at street level surrounding the Hill. Inside the doors of the serene setting politicians debate the practical issues of the day often in an en- vironment sharply contrasting with the quiet exterior view. will be almost totally automated. The various metals and coins will be shuttled throughout the plant by way of electronically-controlled box- es, and overhead and floor- level conveyor belts. If necessary, the plant will be able to produce up to one billion coins annually on a basis. In contrast, the mint in Ottawa would have to work three shifts a day to achieve a comparable produc- tion level. Planners have also designed the plant to obtain optimum efficiency and convenience for visitors. A moat and artificial lakes surround the plant while the interior contains a courtyard reception area, a theater to show a film on the plant's operation, a coin museum, and viewing galleries with audio stations to explain PHOTO CHARGEX Phone 328-6661 DEC. 23rd 9 FR-6891-6570 LLOYD'S DELUXE FULL-SIZE STEREO PHONOGRAPH WITH BASS REFLEX SPEAKER SYSTEM 80 watts IPP power 2 watts RMS power Separate controls for volume, balance, bass and treble Toggle switch from phongraph to tape Full-size BSR turntable with dust cover Stereo headphone jack plus tape input jacks Includes extended range WW-6570 bass reflex speakers with 5" woofer Dimensions: 15 W. x 7 H. D. H. x 5" W. x D. ANGLO PRICE Most SALE Q2-9910-8483 LLOYD'S SOUND VALUE ENTERTAINMENT PACKAGE stereo receiver with built-in 8-track record playback system. Tape system allows recording from radio, records or microphones, Full size BSR changer on plastic base with smoked acrylic dust cover. Speakers include 6Vi" extended range woofers with bass reflex sealed back enclosure. Stereo headphone has adjustable headboard and 15 foot cord. Stand styled in walnut wood-grain provides speaker separation and storage compartment. ANGLO PRICE 285 00 LLOYD'S NN-7397 PORTABLE RADIO Battery or electric power supply (built-in AC line cord) Easy-to-read slide-rule dial Up-front controls for easy operation Slide volume control and push-button switch Telescoping antenna Luggage-type case with carrying handle trimmed in rnetai Earphone jack and earphone for private listening Comes with 4 "C" cell batteries ANGLO PRICE 50 LLOYD'S JJ6491 AM DIGITAL CLOCK RADIO Drum Vernier tuning 3" (op firing speaker Large digital clock readout Automatic wake-up-to-music with lighted alarm set Lighted clock-wood grain cabinet ANGLO PRICE JJ1617 LLOYD'S COMPACT DIGITAL CLOCK RADIO Compact size and big performance and happily combined in this smart solid slate digital clock radio. Push buttons on top select desired function. Slide rule tuning dial wake up to music or alarm. Built in earphone. ANGLO PRICE OUR PROFESSIONAL STAFF are Technically Qualified to SERVE YOU BETTER various production stages. Mr. Grant agreed the plant is designed for public accessibility. "We expect a lot of visitors. It will be a definite tourist at- traction. And it's free." In order to avoid confusion, both the Ottawa and Winnipeg mints will operate simulta- neously for the time being. The ultimate goal, however, is to utilize the Winnipeg mint for all domestic coin needs. TO MAKE FOREIGN COINS In the immediate future, the Winnipeg mint will begin processing foreign coins to augment Canada's activity as one of ten countries com- peting on the export market. The plant itself will create about 125 new jobs. Although most of the managerial and executive personnel have already been hired, officials are beginning to tap the local market for prospective talent. "We've started to recruit lo- cally for production and engi- neering support Mr. Grant said. "We're getting a very good response." Security for the plant remains a well-guarded secret, but Mr. Grant emphasized the system is as sophisticated as the plant it- self. "There is hard security within the mint. We have no intention to build fences around the mint. At least, we hope that's not needed." One other source of pride for the plant's staff is that the final cost of construction will fall between the expected range of million to million despite current inflationary trends. "The bulk of that cost is represented by the processing equipment. Some of it was bought one to IVz years ago. We were lucky." Newsprint aid sought by papers WASHINGTON (AP) Of- ficials of two United States newspaper organizations have urged federal assistance to increase the supply of newsprint. Donald McVay, executive vice president of the American Newspaper Publishers Association, told the U.S. Senate subcommittee on investigations that Congress should approve tax incentives to make paper mill expansion financially attrac- tive. He also said the U.S. Customs Service should per- mit duty free entry of lightweight newsprint from Canada, which currently supplies two thirds of U.S. newsprint needs. George A. Joplin III, treasurer of the National Newspaper Association, said newsprint manufacturers should be eligible for low cost government backed loans. Joplin, editor of the Somerset, Ky., Com- monwealth Journal, said increased newsprint costs have forced some smaller' publishers to put out thinner newspapers. He said some smaller newspapers are un- able to sign "supply contracts to assure a steady source of newsprint. Fatality free year for airlines LONDON (CP) The third fatality-free year in the last five for British scheduled air- lines has been reported by the Civil Aviation Authority. The authority said schedul- ed airlines carried more than 17 million passengers in 1973 on more than flights totalling some flying hours. A total of 11 accidents were reported on both scheduled and non-scheduled flights. The only fatal crash took 104 lives aboard a chartered Vanguard aircraft in Switzerland. The report said the combin- ed total of passengers carried on British scheduled and non- scheduled flights was more than 28 million. MANY CHEQUES The American Bankers Association says more than 23 million personal cheques will be written this year in the United States.