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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 15, 1975, Lethbridge, Alberta 12 THE LETHBRIDOE HERALD Saturday, Frtrtwry Consumer debt not excessive TORONTO (CP) The burden of consumer debt in Canada is not ex- cessively high and Canadians are not getting deeper into debt, J. E. Toten, vice president for planning and economics of the Bank of Montreal, said here. Speaking at a meeting of the Conference Board, Mr. Toten said banks are not faced with a high level of loan delinquencies. "Furthermore, the burden of repayment seems to be well within borrowers' capabiliti j. "Consumer debt repayment as a percen- tage of personal dis- posable income is only just over seven per said, "and it is .hard to conclude that the debt burden is ex- cessive." He predicted there will be no shortage of funds for consumer credit in 1975 and that total volume should increase by billion or 10.7 per cent by the end of the year. "With the economy on the verge of, if not ac- tually in, a recession, this is hardly the time when the monetary authorities will turn restrictive." Oil supply priority need urged WINNIPEG (CPI R. G. Reid, president of Imperial Oil Ltd., said today the federal-and provincial governments are more concerned with the con- stitutional issue of resource revenue sharing than in tackl- ing the problem of Canada's future oil supplies. "It is obvious that the prior- ities of our governments are woefully, Mr. Reid said. "Something must be done to set them straight." Speaking to a meeting of the. Financial Executives In- stitute, Mr. Reid said Canada's political leaders don't fully understand the role that profits and cash flow play in the operation of any in- dustry, particularly the oil in- dustry. This lack of' knowledge, along with public misunder- standing of the financial aspects of business, was a threat to continued Canadian progress. He said government pre- occupation with constitutional issues was severely hamper- ing the oil industry's ability to find and develop the petroleum reserves Canada will need in the 1980s and 1990s. The current mix of royalties and taxes reduced industry cash flow last year by million, he said. "If it remains in effect, it will likely reduce cash flow over the next decade by million to billion per year." As a result, the industry had not received enough money to finance projects like those of Syncrude of Canada Ltd. for the Alberta oil sands, and Arc- tic and Atlantic exploration. He said the recent decision of Ottawa and Ontario to invest in Syncrude was an en- couraging sign that governments are beginning to recognize the problem. Earnings increase CALGARY (CP) Greyhound Lines of Canada Ltd. of Calgary has reported net earnings of or per share for 1974, com- pared to net earnings of or per share for 1973. Greyhound president R. L. Borden said in his report to shareholders that the 1974 ear- nings of per share for 1973. Greyhound president R. L. Borden said in his report to shareholders that the 1974 ear- nings performance, although only slightly up from 1973, was "gratifying." Where 1st Quality Merchandise Costs You Less MEN'S BOYS'WEAR BOYS' THERMAL UNDERWEAR. "Laurentian label" 100% colton, machine washable. Available In colors of white, green and 4 K7 gold, and sizes M and L only. Made In Canada. PAIR 9 f MEN'S BRIEFS. "Fruit of the Loom" brand name briefs made Irom 100% cotton. Machine washable with single seat. Canadian made In colors of green, gold and blue. A S.M.L.XL Three per package. MEN'S LONG SLEEVE' DRESS SHIRTS. "Van Heusen" brand name 65% polyester and 35% cotton shirts. Machine washable. Long point collar and assorted plain shades: mm mm mm fm. 4k 4 Sizes 16'A. EACH f mil BOYS" BRIEFS. "Thunderblrd" brand name 100% cotton brlels. Machine washable, with single seat. Canadian made in colors j of green, geld and blue. Three per pkg.S.M.L. PKG. ,JJ f MEN'S DRESS PANTS. Constructed In 100% polyester. Assorted patterns with flare leg styling. Machine washable and made in Canada. 301042. PAIR MEN'S SHORT SLEEVE DRESS SHIRTS. "Laurentian label" 65% polyester and 35% cotton blend. Machine washable with long point collar. Assorted plain shades of blue, yellow and beige. EACHl BOYS' DENIM JEANS. "Shield Label" 100% cotton machine washable pants. Western styling in sizes 8 to 16. 13.88 MEN'S IMPORT WORK PANTS. cotton machine washable, with wide belt loops. Sizes 30 to 42. f "Thunderbolt" brand name 100% PAIRS. 99 SHOES FOR THE FAMHY MEN'S NORTH STARS. Popular Canadian-made loggers feature all leather uppers and fully cushioned Insole. Padded M A'V PAIR f INFANTS' RUNNERS. Attractive "Curiosity Shop" runners, feature washable canvas'uppers and a sure grip rubber A sole. Printedupperandsole.Sizes4t.012. V MEN'S SNOOT BOOTS. Canadian-made civil war boots popular lor work or casual wear. Feature all leather uppers and a sturdy composition sole. Rubber heel. Sizes 7 to Oft Oft 12. Brown only. PAIROV.OO MEN'S BROQUES. These Canadian-made dress shoes have all leather uppers, a leather lining and a rubber heel. Double-weight leather sole Insures comfort and quality. Brownonly.Slzes7to12. HOUSEHOLD NEEDS ASSORTED PLASTICS. Choose from a large variety of plastics, including laundry baskets, pails, dish racks, waste paper cans. EACH f DUST PAN AND SMALL BRUSH. Ideal for those little clean-up jobs. Oust pan of sturdy metal constuctlon. Choose 4 j% from 3 colors. Magnetic brush. COMPLETE I .00 STEP-ON-CAN. Removable plastic liner and strong metal con- struction are two great features of this garbage can. Ideal tor your kitchen, and comes In white, avocado, A A or harvest gold. EACHO.W EXTRUFIX ROLL AND RACK. Handy garbage bags on holder, can be attached to your cupboard door, or back porch wall. _ g> A A EACH; OO 0 0 m A A Comes complete with starter roll of bags.- CORELLE DINNERWARE BY CORNING. Practical but attractive In any kitchen. Oinnerware is strong, lighweight, dishwasher safe, and oven safe. 20 piece set comes In two attractive patterns. SCOTCH GUARD. Fabric protector that makes your furniture and clothing resist soil, and stains. 4 A A tioz-can. EACH I .OO IRONING BOARD COVERS. Teflon all-in-one cover and pad set. Fits all standard 15" m mm x 54" boards.' EACH1 I JOHNNY POLE. Easy to assemble Johnny pole with 2 shelves. Three attractive colors to choose from; fmJt OO Walnut. Avocado and White. EACH jC4iOO SNOW PUSHER. This shovel has a large 18" aluminum blade and a D shaped handle. EAC LIGHT BULBS. Six 60 or 100 watt light bulbs. Handy to have a few extra around the house. 4 AA Get some todayl PKQ. iVO MOD- LAMPS. Your kids will love these lamps In their room. Mushroom shaped shade in clear or marble effect. gmi AA Several attractive colors to choose from. EACH A v V 7 PC. COOKWARE SET. Attractive Enamelware set. Included are 2 saucepans, 1 trypan, 1 dutch oven and 3 lids. COMPLETE, SUNBRITE BLEACH. Give your clothes that extra lift to make them clean bright. Use Sunbrlte A m mm laundry bleach. 128 oz. bottle. mm for I f TERRARIUM. Plastic Satellite popular terrarlums add a decorator touch to 4 O A V any room. 16VS" In diameter. EACH! O.V GLEEM SPONGE MOP. Sturdy metilhMd with replacable Jt-m sponge 48" wooden handle. EACH 1 mff f 27.77 HOSIERY DEPT, LADIES' BERMUDAS. 100% stretch nylon with cable pattern. Made In Canada and come In colon of White.. Blue, Red, Brown and Navy. 9 to ,1. J MEN'S DRESS HOSE. 100V. nylon with stay-up Lycra leg support. Made In Canada In colors of Black, n4t Navy, White and Light Blue. PAIR.VO THESE PRICES... You Save on every item including Name Brand Merchandise and every day needs RED GRILLE FUTURE SHEPHERDS PIE "A Real Old Time Served with crisp Cole Slaw, Sliced Fresh Carrots, Roll and Butter. For Dessert you must try our own Ice Bon Cheese Cake, made right here in _ our own kitchen................................45 1.29 PET BEPA8TIW BUDGIES. Add a cheerful note to your home. We have a m A A complete selection of healthy growing budgies. EACH 4 QO SENIOR AQUARIUM KIT. iEverything you need to start this fascinating hobby! Glass tank with metal frame. CAT CHOW. Nutritious cat food In.an economical sized package. 10 Ib. package, GRAVY TRAIN. 20 Ib. bag of chunk size food, For larger dogs. 19.88 EACH 3.49 EACH 5.88 mmm m INFANTS' WEAR PAMPERS DAYTIME 30'a. Each box contains 30 disposable diapers with custom-tit tapes. A. For babies 11 to 23 Ibs. AIR LOOM BABY BLANKET. Warm top with light cover, this encloses the air cells which keep In body heat. Made in Canada. A MM White. Yellow, Blue and Pink. EACHO.Ow TEEN WEAR TEEN BRA. Seamless cup and adjustable stretch strap. Lycra back, sizes 32A to 34A and comes in colors of -Mm-Mm White, Beige, Blue and Pink. (Foundation Dept.) EACH A mff TEEN SLACKS. Pull on style with mock fly and flair leg styling. 100% polyester in plain or all over fairy print. Several A colors to choose from in sizes 8 to 14x. PAtFtO O m GIRLS'WEAR GIRLS' SKIRTS. Assorted patterns and solid colors In "A" line styling. Made in Canada in jm mm mm sires 7to14 EACH 4. 9 ef GIRLS' PANT DRESSES. Peter Pan collar with trill embroidery at front. Short sleeve style with pull-on pant. Light Blue A 4 4% 2 GIRLS' DRESS. Three styles to choose from. All 100% polyester and made in Canada. Short sleeve style in Pink, Blue, Mint and Natural. Sizes 7 to 14. EACHB COLE STEEL OFFICE DESK. Double pedestal desk made of double 'steel panels. Locking drawers. Tan AA4 A4 or Black with walnut top. EACH mm 1 V 1 FILE CABINET. Solid steel construction. Plunger lock styling locks all four Full suspension for easy sliding A A OV drawers. Tan or Black in color. EACH99ri4p-aT STENO CHAIRS. Office furniture steno chairs. Chrome base, tilt back, padded seat and back. Caster' mm m wheels. Assorted colors. EACH O4.9U FILE CABINET. 4 drawer plunger style lock. All steel construction. Letter size only. Ideal OO AY tor office or home. EACHO-O.VaT SECURITY CHEST. Fire reslsltanl, asbestos lining. Ideal for all valuables and papers lock. Assorted 4 A9 colors. 14" x 9" x EACH f OMEGA FILING BOXES. Unlversal.tlllng boxes Ideal tor all uses around home or office. Letter sized only mm Assorted colors. _ EACHf LADIES' AND CHILORENS'WEAR ,17.76 LADIES' TAILORED BLOUSES. Assorted prints In a blend of 65% polyester and 35% cotton. Long sleeve and O A7 one patch pocket on front. Sizes 14to20. EACH mj B f GIRLS' LONG NIGHTGOWN. One button opening at neck, machine washable and no Iron. Made in Canada Irom A 100% cotton. Pink or Blue and sizes 4 to 6X. l LADIES' DRESS. 100% polyester or arnel. Four styles to choose from, all'wlth long sleeves. New Chemise fife 4 O 38" length. Sizes 8 to 16. EACH 1 Q WOMEN'S SIZE DRESSES. All over primed pastel shades in 30% poly- ester and 70% acetate arnel fabric. 4 A O O Washable. 18Vito24Vi. EACH 1 Z.0O LADIES' JUNIOR PANT COAT. Tailored collar In single and double breasted style. Raglan sleeve with cuff. Made in Canada. Selection ol Spring colors. 9 to 15. EACH LADIES' JUNIOR ALL WEATHER COATS. Double breasted with front tie belt. Raglan sleeve with culf. Canadian made 4 A Jnaselectlonofsprlngcolors.Slzes9to15. EACH1 9. f O GIRLS' PANTS. Pull on style In 100% acrylic. Machine washable and made In Canada. Pink. A M Blue, Yellow and Sreen. Sizes 4 to 6X. PAIR J BOYS' 2 PIECE SUITS. Washable polyester with lacquard pattern. Two styles of jackets in sizes A 4 to 6X. Made In Canada. LADIES' BLOUSE. Light weight blouse made of nylon and acelate blend fabric.'Long sleeves and pointed collar. Washable, 4 A and mads in Canada, Assorted prints In sizes 10 to 18. EACH LADIES'. PANTS. 100% polyester pull on style with sewn' In crease. Colors of A EACH O. Of Or 4E for I WOMEN'S SIZE HOUSECOAT. 100% Triacetate with Raglan sleeve. Two patterns to choose from. Washable in colors mm, AO ol Pink. Melon, Blue or Yellow. EACH I O OO LUGGAGE DEPT, SPONQE VINYL EXECUTIVE LUGGAGE. 5 piece companion s... Attractive styling and design. Buckle and snap 4 aS 4 closures. Colors ol Brown, Gold and Red. COMPLETE I Ql f U PLIGHT BAG. 100% nylon construction featured In this vinyl trimmed bag. Two side pouches for extra storage. An 4 O O A excellent travelling companion. Blue only. EACH1 O.Ow OVERSEAS TRUNK. Size 38" x JO" x 19" features all metal exterior with brass locks and corner mouldings. Includes OK handy top loading lift out drawer. Blue only. EACH 99 DELUXE OVERSEAS TRUNK. Features attractive vinyl exterior with brass locks'and corner mouldings. Also includes M m lift out top tray. Blue only. EACH CAMERAS MUSIC ELECTRONIC FLASH. Popular Morris C500 deluxe automatic fully transistorized flash unit. Dual-Auto operation, Gold mirror reflector. Hot shoe manual operation. A A. A.O. BINOCULARS. "Carl Holler" coated optics triple tested binoculars. 7x35 power-field of 6.50 degrees. Complete with straps and carrying case. EACH4 POCKET INSTAMATIC. Kodak Instamatlc 20 camera. Comes complete with strap, film and flash. AO O4V Ideal gilt lor anyone. EACHjCQ.lfQ A A. 9 WEEKS Serviettes "Rite" serviettes. with 280 serviettes per package. Choose from rainbow or white. Pkg. 1.15 Old Dutch Potato Chips Choose from plain, ripple, salt vinegar, bar-b-que or sour cream and onion. Fresh and delicious! 67 l- t'i'i'i 11. j; I'M: M i -i 4'j t n.iH: 14-iij jLvnI f .vJ i ,1 f ICO DEPARTMENT STORES A DIVISION 111 iw wonuvnnm r.n IID 2028 MtijfOf MA0TAlh Drlvtt Monday. Tiwwhy WsrinMdqr a.m. to p.m. Thurtday Friday fcW a.m. to fcOO p.m. r fcOp t.m. to p.m. mi SATISFACTION SUMMED ;