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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 8, 1975, Lethbridge, Alberta 10 THE LETHBRIDGE HERALD Saturday, February 8, 1975 Energy chief admits petrochemical talk By JEFF CARRUTHERS Herald Ottawa Bureau OTTAWA Energy Minister Donald Macdonald admitted outside the Com- mons this week that he had discussed the still conten- tious petrochemical develop- ment issue with Alberta Premier Peter Lougheed dur- ing last Monday's marathon Syncrude meeting in Win- nipeg. Alberta Premier Peter Lougheed asked Mr. Mac- donald for the federal govern- ment to state publically that it would encourage the ment of a major petrochemical complex in Al- berta. And Mr. Macdonald saii that he replied that Ottawa would be willing to do so SHERIFF DAMAGED FREIGHT AUCTION SALE MONDAY, FEB. p.m. TERMS CASH NO RESERVE HURLBURT AUCTION SALESROOM N0.2 1916 2nd Avenue South Sheriff Sale Having received instructions from the Sheriff, we will sell the following; 1956 Mercury ton truck with 1-ton rear axle dual wheels; 1954 Dodge 2-ton truck with van dual wheels; David White transit level tripod; Black Decker 9% super saw; Rockwell 714" power saw; Shopmate V4" reversible drill; Rockwell V4" reversible drill; electric impact tools; tool box; Saws; Hammers; Hand tools; Oxy-Acety- lene welder; carts; Bolt cutters; Comealong; torches with hoses, gauges, regulators; Aluminum ext. ladder; Approx. 18 concrete forms; Approx. 10 scaffold sections; Plywood truck tool box; Aluminum building parts; Rope ladders; Electric cord; Jackall Jack. NEW DAMAGED GOODS Deilcraft bedroom suitesd with triple dresser, chiffonier and headboards; Small colonial buffet; B.T.U. gas furnaces; Speed Queen portable dishwasher (Harvest Colonial end table; Colonial lamp table; Colonial lamp table lamp; Arborite; tables. FURNITURES MISC. Lovely dining room suite with extension; Table, 6 chairs, buffet china cabinet; Chrome suite; Laundry tubs; Kitchen cabinets Gas heater; Space heater; Gas hotplate (for Electrohome TV; Counter tops; many more items too numerous to mention. The above Hit is to be UUKJ as a guideline in no way a guarantee either actual or implied. Items may be viewed Sunday, February 9th 2-4 p.m. Monday, February 10th 12 noon till sale time SALECONDUClEDBY HURLBURT AUCTION SERVICE LTD, Phone 328-4705 1920 2nd Ave. S., Lethbrldge AUCTIONEERS: TED NEWBY Lie. 010283-41 KEITH ERDMANN Lie. 012116-458 publically, perhaps in a speech by Prime Minister Pierre Trudeau next week. Mr. Macdonald said that the controversy over the Petrosar petrochemical project plann- ed for Sarnia was also raised by Alberta, but that nothing further was resolved on it. Alberta government sources said that the dis- cussions on petrochemicals in general and Petrosar in par- ticular were raised in the context of ensuring domestic oil feedstocks for Canadian in- dustries. Petrosar needs some barrels a day of western oil to make ethylene, a substance used to make plastics. The Syncrude Canada Ltd. oil sands project, by com- parison, will only produce barrels a day of syn- thetic oil, starting later in the decade. Alberta officials noted that Petrosar actually -would prefer to obtain conventional oil instead of any synthetic oil, for technical reasons. Ontario sources, who noted that Ontario ministers did not become involved in the dis- cussions with Alberta and Ot- tawa on petrochemicals last Monday in Winnipeg, confirm- ed Ottawa source claims that the federal government refus- ed to accept any deal on Petrosar as a part of the Syncrude agreement. NEW COMPANY MONTREAL (CP) Mo- nenco Ltd. and Banister Pipe- lines Ltd. have announced for- mation of a new company call- ed Monenco Banister Con-' sultahts Ltd. of Montreal. tier Price Index MOTORS APPLIANCE MOTORS Available Bast Prices All Typesl Fail-field Appliance Services Ltd. 1244 3rd Ave. Phone' 327-6684 UPPER HAT CREEK, B.C. (CP) British Columbia Hydro studies of a massive coal reserve near this small community, about 70 miles west of Kamloops, have shown more lignite coal in the core area than was originally estimated. No final decision has been made whether to construct a coal fired thermal plant in the area. A report by hydro engineers estimated there are 500 million tons in the core body, Attention Lethbridge Catholic Property Owners The City of Lethbrldge has mailed property owners their 1975 Assessment Notice Please check to make sure your property's School Allocation is shown in the Separate School Supporter column, marked S. This will guarantee that your Education Tax dollars go to the Catholic School District. If your School Allocation is shown under the Public School Supporter column you can change it. 120 million tons more than was originally estimated. Hydro controls the property and began the feasibility study in the spring of 1974. Hydro es- timated the energy needs of' the province are growing at nine per cent a year. In an address to the Ashcroft and District Chamber of Commerce recently, Peter Liesch, B.C. Hydro district manager, said the proposed plant would cost about WO million. He said various studies should be com- pleted by this spring and if the government approves the pro- ject, construction could start in 1976. The plant could be completed in 1980. Mike Yewehin, mayor of the Village of Ashcroft, 20 miles east of Upper Hat Creek, said he has been informed that about jobs would be created while the plant is un- der construction, and 300 jobs for operation. A study by the B.C. Petroleum Corp. estimated that the reserve is capable of generating 880 megawatts of electricity for the 30 year life of the thermal plant. Premier Dave Barrett has expressed interest in es- tablishing coal as an energy source because of the high cost of hydroelectric projects. Winnipeg exchange approves margin WINNIPEG (CP) The board of governors of the Win- nipeg Commodity Exchange have passed a resolution allowing members taking margins from customers in futures trading to accept Canadian or U.S. treasury bills instead of cash. In an announcement Friday, the board said letters of credit issued by a Canadian chartered bank or demand deposits will also be accepted as substitutes for cash. Exchange president. Ron Ennis said the decision, effec- tive immediately, was made, to "release the restric- tiveness" of customers margins, which had previous- ly been limited to a cash only. He said the move is design- ed for convenience and to maintain the exchange's com- petitiveness with other markets. "We've found we have to be competitive with other markets, so we keep review- ing the situation." A customers margin is the amount a customer must deposit with the broker for each contract to designate good faith in fulfilling contract terms. It is not con- sidered as part of the payment of purchase, but security to in- sure performance. Vegetables pay producers Index up again Higher prices for energy, food and automobiles pushed the consumer index up again in January. The index rose to 176.6 from.175.8 in December, standing 12.1 per cent above the January 1974 level. Massive coal reserve found near Kamloops TABER (HNS) More than }2 million was paid to producers of processing vegetables last year ac- cording to reports presented at the recent annual conven- tion of the Alberta Vegetable Growers Marketing Board held in Taber. The reports indicate that direct returns to the growers from acres of vegetables amounted to and that ail risk crop insurance paid on 481.5 acres lost from various causes totalled just over Highest payments went to the 85 producers of field peas, the acres producing 1.53 tons per acre which, at per ton, paid a total of per acre. Insurance on the 142 acres lost paid the growers Nugget peas received a supplementary payment of The 335 acres of green beans harvested returned 2.68 tons per acre. Average price at per ton brought a dollar per acre figure of Wax beans fared less well. The 190 acres yielding 1.67 tons per acre at brought per acre. A supplementary payment negotiated last year amounted to No wax beans will be grown in 1975. Insurance on 21.5 acres of beans lost paid harvested acres of corn produced 4.82 tons per Helicopter expansion VANCOUVER (CP) Okanagan Helicopters Ltd. have announced the purchase of Dominion Pegasus Helicopters of King City, Ont. The agreement to purchase is subject to the approval of the air transport committee. The company news release said Dominion Pegasus operates 50 helicopters, main- ly in Ontario and Quebec. The company has bases at King City, Sept lies, Que., Dryden, Ont. and Inuvik, N.W.T. Okanagan is Canada's largest helicopter operating company with bases across Canada. acre which, at per ton average, brought per acre. Insurance on 314 acres lost amounted to Carrots were not insured, the 107 acres harvested yielding 20.76 tons per acre. At per ton, the return was per acre. Four acres were lost during the season. Red beets amounted to 48 acres yielding 12.55 tons per acre which, at per ton returned per acre. Beets, as with carrots, were not covered by insurance, but no acres were lost. Flying N transfer takes time CLARESHOLM (CP) -For three months, The Flying N, listed as among Canada's 10 best restaurants, has been on the selling block. And the reason for selling it, says owner manager Jean Hoare, is because it has become too successful" and "too busy" for her. "I'm selling because -I've been awfully tired and think somebody younger should take over. I'm in no hurry it's just a matter of finding the right person with the right offer." But anyone who buys the restaurant will have to wait until early October to take it over. "I've taken on too many summer commitments to turn it over to anyone else before then. We had 300 busloads of customers coming through'the area between June and September. If I take on a com- mitment like that I have to give those people what they expect." NEEDA MUFFLER for your BUICK CADILLAC CHEVROLET CHRYSLER DODGE FORD OLDSM08ILE PONTIAC DATSUN TOYOTA VOLKSWAGEN PLYMOUTH MERCURY PICK-UP Drop III or Cill 328-6353 CARDINAL MUFFLER CENTRE 2710-12 Ave. South Appointment X-Pert Realty Ltd. is pleased to announce the appointment of Frank Kurina to their staff. He is qualified to trans- act all phases of Real Estate. When buying or selling Farms, Commer- cial or Residential pro- perty give Frank a call at 327-4402 or one of the X-.Perts at 329-4988. X-PERT REALTY LTD. 1281 3rd Avenue South MGlG S tlOWi mail it to the Assessor of the City of Lethbridge. Final date of appeal 14 February, 1975. Complete the form on the reverse side of the Assessment Notice and For Further Information Contact: Tta CHy if LitklrUii CiiMic EfecitiM Cwrtrt M 327-4133 it 328-2341 LMktrMfi. AIM. -1- School i needs it You're young, strong, energetic, and you've got a pretty good job. School's a drag! But so is that "Dead End" job after a few years. And it may be for a lifetime. So you can't hack sitting all day in a classroom. And you need the money. You can still get your Grade 12 and some business or technical training. It will cost you just to mail this coupon. And it can make a real difference to the rest of your life. Do it now. ACS courses arc based on the Provincial curriculum designated as credit courses bv the Alberta Department of Education. Wl EDUCATION THE DIRECTOR, ALBERTA CORRESPONDENCE SCHOOL DEPARTMENT OF EDUCATION, EDMONTON, ALBERTA PLEASE SEND CORRESPONDENCE COURSES INFORMATION Grade Name Address ;