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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 8, 1971, Lethbridge, Alberta Big newspapers observed 1970 price restraint guides I. THt UIMUXX HBALD OTTAWA newspapers raised advertising and subscription rates substan- tially last year, the federal prices and incomes commission said yesterday each of the major newspaper organizations observed last year's price re- straint guides. The commission studied costs and profit forecasts of 13 pub- lishers and publishing organiza- tions and srid in a report tabled in the Commons that they had "a relatively high rate of re- tarn on investment in the in- dustry." But there were wide differences in the performance of individual companies. Over-all, the commission said profits of the companies re- viewed were expected to de- cline to million in 1970 from J54.9 million in 1969. The commission studied reve- nue, cost and profit figures for the 13 firms in the light of last year's agreement among busi- nessmen at a price stability conference to hold price in- creases to less than cost in- creases. It applied this criteria to each of the 13 organizations and said: "In all cases, they (the pub- lishers) have projected greater cost increases than revenue in- creases during 1970. Power shortage hits U.S. areas WASHINGTON (AP) The acute shortage of electricity plaguing parts of the Northern United States could be but a bleak portent of things to come, a Federal Power Commission official says. Since mid-January, 19 voltage cuts have been ordered in areas from Chicago to New England. "I've never seen cutbacks like we're seeing Commis- sioner John Carver said in an interview. "Whatever else it might mean at the present time, it means we're going to have to live with this for the foreseeable future unless the good Lord sees fit to change the weather, and I don't think that will happen." In the last three weeks, ac- cording to FPC data, voltage cuts of up to five per cent have been necessary eight times in the power pool serving New England, seven times in the Naw York state power rvol, three times in'the pool serving Pennsylvania, New Jersey, Del- aware, Maryland, Virginia, ant the District of Columbia and once in Chicago and other areas of northern Illinois served by the Commonwealth Edison Co. SERVE 50 MILLION The utility firms serve up- wards of 50 million people, bu few felt any pinch beyond the inconvenience of voluntary com pliance with pleas to use as lit tie power as possible. There is no readfly noticeable effect unti power cuts reach eight per cen as they did during last sum- mer's power crisis along the eastern seaboard. Carver said the danger of nore serious voltage reductions will continue throughout the rest of the winter, in the hot months next summer and could even a traditional, semi-an- nual crisis during the next sev- eral years. Heavy demand due to unu- sually cold weather is one fac- tor blamed for current power shortages. The other is chronic equipment failures which have jlagued electric utility compa- nies for the last five years. financial results made available for the year to date confirm these projections. "These companies have, therefore, met the criteria agreed to at the national con- ference on price stability." The report named only two f i r m s. dealing with their cases specifically. Thomson Newspapers Ltd., publishers of 30 daHy news- papers and 15 weeklies in Can- ada gains its major revenues and' pre tax profits from the United States, but submitted fi- gures for Canadian operations. The Canadian operations were expected to produce lar- ger dollar profits in 1970 but te percentage of net profit to revenue was to be lower than in 1969. The Toronto Star was ex- pected to show increased profits, but this was because of a reduction in the loss it exper- ienced in 1969 on its commer- cial printing operation. Among the 13 concerns studied, higher advertising and subscription rates were wide- spread last year, the commis- sion said. The 13 concerns owned or controlled 65 daily newspapers, representing 75 per cent of total circulation. "The newspaper industry re- alizes higher profits in relation to sales and equity than most other the commis- sion said. "Average profits before tax Children in Ulster riots (CP) Most of I The children filtered out into i prosecuted if they allow their Britain turns a Mind eye on the! Belfast streets during each of children into the streets for the _. rtnttna I of fnmemunc trouble. Britain turns a ouna eye on me ncnaH uiuiug vi j Ulster riots There appears to j the last four days of rioting. purpose of fomenting trouble, be little sympathy, in England Some, no mere than six the use cf bas BO! UK _ _ ____ ____ Tn IhA iRlt fmw riavs. 33 or Scotland, for either side in a seven years of age, struggle that has simmered and bricks or stones at British troops. Older ones heave Molo- m. cocktails. A 14-year-old boy dren, some less than 10 years of lost an arm when a bomb he _ _- IL- nt ,tfie- nKsuit In thmu.' WPftt flff heave i ended. In the last fow days, 33 of the 149 persons arrested in exploded for years. But the appearance of chil for the industry have ranged from 23 to 30 per cent of equity in recent years. In relation to sales, such profits have varied from 12.9 to 15.8 per cent." CORGI AND BESS Queen. Elizabeth holds a trie of corgis on, leoshes as she arrives at Liverpool Street Rail- way station in London. Her Majesty was returning to the British capital after a holiday in Sandringham, England. Man with the Queen is unidentified. age, in the latest outbreak ot Belfast street fighting has aroused UK anger of aooui 10 mrow won uxi prematurely. Small bands of schoolchildren, dose to British soldiers, The mass-circulation out: "Go home filthy Britub Mirror describes the Ulster Fascist velopment at "the horror of Ulster government has child parents they will be Victim of HAMBURG (AP) A bring her back to West Ger- German model who was by sending a cable to a she had inherited newspaper. an unknown benefactor was cable asked for help in victim of a hoax, says Bild the model because she tung, West Germany's to return to West Germany daily a month or lose the in- It says 26-year-old model in a Munich oline Hackmarm met a er-photographer assigned by the German magazine Toronto newspaper found Miss- Hackmann who declared; to do a feature article with just can't understand it. It's in The newspaper says the Neue-Revue refused to porter Erich Wiedemann, on the affair, saying fell in love with her, but it was Wiedemann's ptrtrte the 10-day job was finished had to go on to Toronto, and mother said he back to West home a week ago with twc When he received only suitcases saying he was postcards from her with no return address, he devised a away for a while. She die not say where. Jelfast were juveniles. One British reporter said in a dispatch from Belfast: "I watched a little fellow throw a petrol bomb. Troops grabbed lim. But he will never be prose- cuted. He is only eight years oVd." Ulster detectives are reported to have seized an I.R.A. train- ing pamphlet found in a Belfast garage. It gives advice on the value of constantly switching the battle front "we can undermine the enemy's inorale." It also urges greater use of the public at large in a drive to oust the British troops from Ulster and eventually join Ulster with the Irish Republic. But while newspapers and the public 'express shock at the ap- pearance of children in the bat- tles, The Scotsman notes that the Ulster deaths have rioting and the "created little stir on this side of the Irish Sea." "That is a sad measure of the degree to which disorder has become endemic again." SKI-A-THON FERNIE (HNS) A ski-a- thon will be held at the Snow Valley ski hill from 1 to 2 p.m. February 6 for members of the Snow Valley Ski Club. Cranbrook C of C installs officers CRANBROOK Retiring president of the Cran- brook Chamber of Commerce, James Dalton, urges industrial and professional support of this organization. He was speaking at the an- nual chamber dinner. His successor' Frank Sch- maltz and Mayor M.. G. JOink- hamer concurred that a strong chamber could serve Cran- brook. Mayor Klinkhamer installed the new officers. Why ore you reading this ad? It has no headline. No illustration. It's not in color. It's not even a large-space ad. Point is, you don't necessarily need a big advertising budget to be seen in The LetKbridge Herald Ron Draper and Bernard Me- enzie are vice-presidents; ad- isory committee includes W. Draper, Gordon Dezall, incent Downey and Mr. Dal- on and directors are Art hillock, Doris Barfcman, .rary Bain, Jim Campbell, Joug Perry, Urla Holdaway, Sruce McDonald, Jim Stewart, Cliff Barley and Grant Mad- ocks. Mr. Schmaltz intends to con- tinue executive meetings the irst Wednesday in each month, rith membership meetings the oil owing Wednesdays. Feb- executive session will name the year's standing com- mittees. Mr. Dalton reported "Opera- .on summer stu- ent job placement program a major 1970 item, with about 300 tudents employed in the im- mediate area. Chamber expenditures wev. with entertainment ex- >enditure for Vancouver Board if Trade and Lethbridge cham- ber only about of which was not self-liquidating. Salaries expenditure was 236. Chamber receipts for 1970 vere with memberships at top item, and city grant Entertainment receipts were and the rest was from miscellaneous sources. Secretary treasurer Murray McFarlane reported the year- end balance at Plane slams into side of mountain FORT ST. JAMES, B.C. (CP) A single engine aircraft crashed into the side of a moun- tain five miles west of this north-central British Columbia community in a snowstorm Sat- urday, killing all seven persons aboard. The victims included three members of one family and a 10-day-old baby. Killed were Alec George, 44, Agatha George, 26, Emma George, 6, Phillip Charlie, 22, Marion Teegee, 36, all of the Takla Lake Indian reserve, pilot Brian Maitland, 22, of 100 Mile House, and the baby. Name of the baby was not determined. The plane, owned by Northern Mountain Airlines Ltd., disap- peared on a flight from Fort St. James to Takla Lake, about 100 miles to the northwest. It was last heart from when the pilot radioed that he had run into bad weather and was turning back to Fort St. James. Etna spews CATANIA, Italy (AP) Mount Etna, the most active volcano in Europe, spouted lava and smoke Sunday night in re- newed but harmless activity. It had been dormant for about two years after three years of con- tinuous activity. If you're looking for a snow removal operator... we'll get him Not only snow removal operators, but men and women, skilled and unskilled, in a variety Your Canada Manpower Centre will find the workers to help you get any job done or started this winter anywhere in Canada; Q Whether you're planning changes around your home, renovation of a store or the overhaul of industrial plant and equipment winter is the best time to get work done. Right now the workers are available. In winter, you get the men with the skills and know-how when you want them. D Canada Manpower Centres cover the entire country. A network of 390 offices serves both employers and workers. So this winter, if there is a job to be done, call us. We have the workers you need. D Give us that job request- we'll do the rest. Canada Centre de Manpower Main-d'oeuvre du Centre Canada Manpower and Immigration otto E. Lang. Main-d'oeuvre et Immigration ;