Internet Payments

Secure & Reliable

Your data is encrypted and secure with us.
Godaddyseal image
VeraSafe Security Seal

Lethbridge Herald Newspaper Archives

- Page 19

Join us for 7 days to view your results

Enter your details to get started

or Login

What will you discover?

  • 108,666,265 Obituaries
  • 86,129,063 Archives
  • Birth & Marriages
  • Arrests & legal notices
  • And so much more
Issue Date:
Pages Available: 24

Search All United States newspapers

Research your ancestors and family tree, historical events, famous people and so much more!

Browse U.S. Newspaper Archives


Select the state you are looking for from the map or the list below

OCR Text

Lethbridge Herald, The (Newspaper) - February 21, 1974, Lethbridge, Alberta ADDITIONAL ASSIGNMENT OF GASOLINE Gasoline allotment Chart shows additional assignment of gasoline for the month of February as announced by the Federal Energy office in Washington. Black boxes indicate cur- rent allotment while white boxes show the additional assignment. Distribution is un- changed in states without figures. Sugar-related products price to be increased TORONTO (CP) The rising price of raw sugar means many sugar-related products are going to cost more, food industry spokesmen say. Raw sugar delivered to refi- neries jumped two cents a pound Tuesday to a high of nearly 31 cents. The price that is moving fastest in its wake is on refined sugar in bags. Last October a five-pound, bag cost 77 cents in Toronto. Now it costs One reason the price change? follow quickly is that few firms have bought ahead. Warren Caulfield, vice- president of the dairy division at Borden Co., says his company has not protected itself with futures. "We haven't bought futures like we usually do because we kept thinking the price of sugar would tumble. We didn't think it would get much over 20 cents a pound." He said ice cream prices have been raised eight per cent and will go higher. At General Bakeries, vice- Claim government tampering with marketing boards VANCOUVER (CP) Egg and poultry industry leaders claimed Wednesday that the provincial New Democratic Party government has been tampering politically with the British Columbia Egg and Broiler Marketing boards. The interference has come at times from Premier Dave Barrett, they said. They said the premier has been directly involved in: the dismissal of B.C. Egg Marketing Board members; more egg production quotas to interior egg growers; the .board to drop court actions against two interior eggmen for non- payment of board levies against them of and almost out-of-court settlements with the two amounting to and the broiler production quota to be issued for the north Okanagan- Salmon Arm-Kamloops area. OVER' Bill Janzen, chairman of the egg board, and Bruce McAninch, chairman of the broiler board, said that if such interference continues the government might as well take over complete control of the boards. They said the premier's interference appeared related to pre-election promises and a possible caucus split led by some interior NDP MLAs. B.C. has 10 commodity marketing boards that have power to set minimum producer prices and, for most of them, the power to set production quotas based on market demand. Tax tips For farther information, call the District Taxation Office. If yon live in toll area, ask your long distance operator for ZENITH 0-4000 awl your call will be placed without charge. Q. I have heard that I can deduct the fees my tax consultant charges for making out my income tax return. Is this correct? A. There is no provision in the Income Tax Act which permits deduction of these charges. However, if you normally require accounting advice in connection with your business, the tax consultant charges may be deductible as a business expense. Q. I am a commission salesman operating out of my house. I have a room set up as an office. Can I claim any expenses for this "office" when figuring my income tax? A. If the room is used solely for the purpose of earning your income, you may be entitled to deduct a portion of the cost of maintaining your house, as a business expense. Unfortunately, more information would be required before yon could be advised on how to calculate the amount of your deduction. Your District Taxation Office would be glad to help you. Q. My wife and I are the same age and this year we qualify for the age exemption. On my tax form do I claim age exemption for my wife as well as for myself? A No. The fact that your wife is entitled to claim the age exemption if she filed her own tax return 'does not effect the amount you can claim as married exemption. Q. Who qualifies for the age exemption for income tax purposes and what proof has to be sent with the tax form when claiming this exemption? A. The Age Exemption may be claimed by a taxpayer only if he was 65 years of age or over during the year. It is not necessary to supply proof of eligibility unless asked to do so by the Tax Department. Q. Why can't the income tax office in my city fill out my lax return? A. The self assessment system requires that each person takes the responsibility for reporting his income from all sources. With available personnel and limited space, it would be impossible for the staff in the District Taxation Offices to prepare retnrns. president Peter Wygant said his company increased prices seven to 12 per cent on baked goods a month ago and may have to do it again. Some items have been withdrawn or are about to disappear. manufacturers raised the price of a 10-cent chocolate bar to 12 cents Jan. 1, and now the price of chocolates in boxes is going up. At Rowntree Mackintosh, a one-pound box of chocolates has gone up 15 per cent, from to At General Foods, George Beatty said prices on "virtually everything that contains sugar" have gone up in the past two months. Sugar- sweetened cereals are up five to 15 per cent, gelatin desserts five per cent and pie fillings almost five per cent. But not all the price increases can be attributed to sugar said Mr. Beatty: "Gelatin has tripled in price and grains are higher than they used to be." Wheat production increased LONDON (AP) World wheat production in 1973-74 is expected to total 341 million tons, 9.6 per cent or 30 million tons more than in the previous year, the International Wheat Council said Wednesday. This figure does not include China. The previous estimate in December was 338 million tons and the council said it had upped its present estimates because of a reported increase in the Soviet Union's crop outlook. Business in wheat, after a brief lull, has picked up again, the council said. Among major deals are tons of Canadian wheat to Brazil and tons from the United States for the same destination, all for delivery on or after July 1, 1974. Seek talks VANCOUVER (CP) The chairman and chief executive officer of Cominco Ltd. has called for talks between the British Columbia Government and the mining industry before final reading is given to the NDP government's new mining royalty legislation. In a statement issued Wednesday, F. E. Burnetsaid it had been hoped the Mineral Royalties Act would dispel the many uncertainties that have faced the industry in B.C. during the past year. But he said the act has added considerably to those uncertainties "and is far too contingent on ministerial discretion." Gold price soars PARIS (Reuter) The price of gold rose to an all- time high of an ounce on the Paris market today. Previous high here was Jan. 21, the first day of trading after the floating of the franc. The Herald Thursday, February E LETHBRIDGE HERALD-19 Business Stocks Miscellaneous Vancouver, Calgary, Montreal Midland Doherty Limited WESTERN 5.75 AND 5.00 Afton 7.1 2Vi Albany Cdn Sd Proc 3.50 Min 1.35 A Pfd 59.12V4 Ashlar.d Yukon 8.75 Alta East LINE STOCKS BP Gas Line A Grenda Gas Line Pfd 63.00 Can Nat Gas 18.00 Cdn Exp Nat Gas 9.67'A Cdn Metro Cdn Ind Metro A Pfd 65.00 Cdn Long and C Gas and C Gas B Pfd Cdn Gas Trans 1'0.50 Dome Pipe Pipe A Pfd Fort Pipe B Pfd 36.75 Giant Pipe War 5.00 Gibraltar Trans 23.50 Trans Wts 4.10 Great Gt Cdn Oil -72 Lochiel Oils -12 Lytton Continental -03 Noble Warner .29 North Cdn Pancdn Explor .36 Pan Norse 1.35 3.30 .63 Place Gas Varden .58 Res .18 Ranger 9.00 Scurry Mines 3.80 .11 .11 Total Standard 2.25 Ulster Copper 9.00 United Can WC Brew 2.90 Western Indus .11 1.55 Acres Pete -61 Pete .20 BC Sug A Explor 1.05 Block Stamp intl Res .80 Cdn Pac Inv A MUTUAL FUNDS Com Cap Cdn Com 6.42 6.98 Carling O'Keefe A Cdn Dividend 6.79 7.38 Carling O'Keefe B Cdn Ventures 3.51 3.82 .Crestbrook For Grow F 4.57 5.02 Crowsnest Special 2.42 Falconbridge Invest F 4.92 5.40 F and M Trust Mutual 5.08 5.58 Inter 13.67 13.67 Glob Com Leverage 3.19 3.19 'Home Oil Venture 5.74 5.74 Home Oil Invest 6.37 7.00 Hud Bay Invest S F 4.84 5.32 Hudson Bay Fund US 10.52 11.53 Hud Bay Oil A Pacific 4.57 4.99 Hugh Rus C Income 3.03 3.33 Husky Equity 7.34 8.07 Husky Oil B Grow F 11.29 13.10 Husky Oil D Mutual 5.68 6.21 Husky Oil E Accum 6.00 6.64 Hys of .Grow F 3.17 3.48 Int Pro Pipe Resources 4.91 5.40 Int Pro Cdn 5.30 5.82 Kaiser Growth 4.48 4.92 Loblaw C Growth 4.45 4.88 6.77 7.05 Pacific Grow 7.49 8.21 Pac West Accum 4.54 4.99 Pe-Ben Oilfield Savings 8.00 8.81 Rainier Inc 5.79 6.37 Royal 5.94 6.51 Toronto mines, industrials (Supplied by Richardson Securities of Canada) MINES Acme Advocate Asb. Akaitcho Bralorne Bethlehem Bovis Brunswick Can. NW Land Canada Tung. Cassiar Central Pat. Chimo Conwest Cons. Rambler Coin Lake Cochenour Craigmont Dickenson Mines Denison Mines D'Eldona Dome Mines Discovery Mines East Malartic East Sullivan Falconbridge Frobex Rrst Maritimes Giant Y.K. Granduc Hollinger Hudson Bay Hydra Ex. Iron Bay Iso Joliet Quebec Kerr Addison Key Anacon Labrador Lake Shore Langis Silver Madsen R.L. Malartic G.F. Maclntyre Mela Midrim Intern Mogul Nu West Homes New Athona New Calumet Noranda Nortngate Nortex Pine Point Placer Dev. Pax Exp. Quebec Man Rayrock Radiore Rio Algom Roman Corp. Snemtt Gordon Steep Rock Sunmngdale Teti Corp. A Texroonl Untied Canso Western Mines WH Copper Mimes WngrH Hatgreaves WttxJIaTI Zenmac Sear Abttib! Alcan Algoma Sleel Aloo ind Jan nock Aqta Ind Bell Tel Brascan A BC Te: INDUSTRIALS Forest Sugar A Valley Ind Ind O'Keefe Cellulose Power Credit Gas Pfd Industries Marconi Vickers Bathurst Gas .49 Seagrams Dom Bridge Textile Stores Pete Mobile Cdn Oil Motors Lakes Paper Oil Cda Sid Walker Erie Oil Nickel Pipe Grp A Intl Accept Douglas A A Ferg Bloeden Corp A B Cent Corp Co CDA Sears Canada A Grp A Ml" Pipe Can Pipe Carbide Gas Oil Stecoe Mlg A Cdn Seed Bee Imperial Scotia 13.87% 19.00 20.75 26.87% 16.62% 10.37% 3.60 5.37% 6.12% 24.50 2.25 10.00 17.75 3.50 17.12% 17.25 15.87% 33.00 38.00 17.62V4 42.62% 41.00 24.75 10.50 14.12% 43.00 31.75 7.00 9.25 49.25 24.25 32.50 17.37% 5.87% 51.12% 27.25 39.37% 29.37% 36.87% 21.25 8.62% 17.62% 18.25 4.65 5.62% 10.75 3-60 6.00 12.50 17.62% 30.12% 48.50 22.50 21.75 7.50 12.25 11.50 15.12% 8.75 19.37% 8.12% 12.00 32.37% 13.75 47.00 15.00 16.00 34.00 16.62% 8.37% 13.25 9.37% 6.75 21.12% 21.50 22-00 350 2.60 3025 20.12% 39.00 36.75 37.62% New York {Supplied by Richardson Securities of Canada! Arm. T4T Anaconda Be11x Sleel Chrysler Cornsal Duporrl General Motors Giffl Int Harvester Momgomery Ward Sears Exxon Texas GUM Texas Co. Wfo Corporation 52.00 Wootwortti 27.12% Wssimghouse Etec. 21.87% 32.62% US Sleel 42.12% 1787% Gen Te1. Sec. 24.62% 37.87% TOflONTO AVERAGES 161 50 20 Industrials 217.56 up .19 50 87% 20 Golds 562 97 up 20.70 2262V, 10 Violate 105.71 oH .92 25.75 15 Western Oils 261.54 up 1.29 4062% Volume 1.976.OOO 22.75 NEW YORK AVERAGES 85.75 20 Industrials 83831 up 7.27 82.62% 20 RaHS 187 36 up .77 34.87% 15 Utilities 93 30 up 79 28.37% 65 268 66 up 2 00 13.87% Volume Prices on stock market continue upward trend TORONTO (CP) Prices on the Toronto stock market moved higher in light mid- morning trading today, with the gold index advancing more than 15 points. The industrial index, consid- ered a main indicator of market trend, was up .32 to 217.69, golds 15.3 to 557.57 and western oils 1.81 to 262.06. Base metals declined .43 to 106.20. Volume at 11 a.m. was compared with MONTREAL (CP) Prices were generally higher in moderate trading on the Montreal Stock Exchange'today. Volume at a.m. was shares, compared with shares at the same time Wednesday. Banks rose .97 to 281.61, utilities .44 to 144.27, the composite .37 to 226.64 and industrials .26 to 241.70 while papers fell .23 to 132.12. IAC Ltd. rose to IU International to Moore Corp. Vt to and Royal Bank V, to while Stelco fell to Among speculative issues, Stanford Mines rose seven cents to trading shares. VANCOUVER