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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - January 18, 1972, Lethbridge, Alberta 24 THE LETHBRIDGE HERALD Tuesday, January 18, 1972 NO IRREGULARITIES Solicitor-General Jean-Pierre Goyer strikes various poses at a news conference in He told reporters he hasn't found any irregularities in 1he release of convicted wife strangler Yves Geoffrey to get married Christmas Eve. Kaiser action dropped TORONTO (CP) The On- t a r i o Securities Commission said Monday that insiders of Kaiser Resources Ltd. have filed reports of their trading in Kaiser shares and that a planned judicial action to seek such reports has been dropprd. The commission said insiders filed trading reports Monday covering share transactions through KRL Investments Ltd. "The commission is informed that the reports now are complete as regards trading by Kaiser Resources insiders through KRL Investments Ltd. "Accordingly, the application I tor a judicial order seeking the reports) to require their filing will not be necessary." The commission said Jan. 7 that it would seek a court order requiring insider trading re- pork after it was reported that a number of directors of Kaiser Steel Corp., parent of Kaiser Resources, had purchased shares through KRL Resources and later sold most of them at a profit. The purchases were made through KRL, a federally-incor- porated firm with its head office in Halifax, because U.S. resi- dents were not eligible to buy profits REGINA (CP) Changes will occur in the carnival in- dustry as people become more demanding and discriminating but fairs will live on and mid- ways will continue to be an integral part of them, the West- ern Canada Association of Ex- hibitions was told here. Carl J. Ssdlmayr Jr. of Tam- pa, Fla., president and general manager of Royal American Shows, added that the struc- ture of the carnival industry is certain to change. He said during a panel dis- cussion that midways used to have more shows than rides but the situation now is moving in the reverse because shows can- not make the profits rides can. Another panelist, Stu McClel- lan of Chicago, a booking agent, said competition for the enter- tainment dollar is growing at grandstand shows. It is increas- ingly more difficult to find un- n r ides usual attractions that will draw capacity crowds. Mr. McClellan said, for ex- ample, that the family band group known as the Jackson Five is asking to a day to perform, Johnny Cash is asking a day, Glen Campbell and David Cassidy He said Sonny and Cher, who last year were getting 57.000 for two days, now are asking and getting for one per- formance. Mr. McClellan said a grow- ing trend in the United States is entertainm e n t at shopping centres and "they are a better job of merchandizing than we are." It was anticipated that the time is coming when one ad- mission charge will cover en- try to the grounds and every- thing else offered at a fair in- cluding midway, grandstand fond. More and more peoplethave. discovered the Shoppers Drug Mart way. Have you? Last week we filled prescriptions in all our stores. SHOPPERS DRUG MART Open every day every evening and every Sunday them directly. The shares began a sharp decline in pricp shortly alter KRL sold ma-t its hold- Ings. IS REPORT A search of commission files Monday showed 18 shareholders of KRL reported indirect trans- actions through the Halifax company. In 1969, Kaiser Resources stock was ottered to the public in Canada at a share. KRL bought shares of Kaiser Resources at the offering price and sold of its own shares to Kaiser officials in the United States. J. L. Ashby, Kaiser Resources chairman, showed an orisina" indirect holding through KRL o] 6.COO shares. He reported the in- direct sale of 4.200 shares at and 1.800 shares at ?19.37 during March, 1937. The stock traded on the To- ronto Slock Exchange Monday at S4.40. J. J. Carlson, a director, showed he acquired shares indirectly through KRL. He re- ported the sale of through KBL at S5.87 in July, 1971. C. L. Emerson, president of Kaiser Resources, reported shares acquired indirectly through KRL and the sale of a similar number at prices rang- ing between and during November, 1970. BUYS SHARES C. F. Borden, a director, re- ported indirect acquisition of shares and the sale of the same number in January, 1970. i prices between and T. F. Glecd, a Kaiser official, acquired 3.0CO shares indirectly through KHL and reported the sale of the same number at prices from to in January, 1970. E. L. llsley, a Kaiser Steel senior officer, reported 3.000 shares acquired through KRL and the sale of shares at in April, 1970. W. P. B. Marks, a director, showed an indirect holding of shares through KRL in an initial report. He reported the sale through KRL of shares at between and in January, 1970, and the sale of shares in Decem- ber, 1971, at All the shares were acquired at a share by KRL in the 1969 initial offering. No insider reports covering any KRL hold- ings were reported before Mon- day. The reports each bore a note saving the shareholders acted on advice of counsel and "my position has always been that I do not directly or indirectly ex- ercise control over the said shares of (Kaiser) Resources." Offers indignity in skull case BURTON, N.B. CCFi Ar- thur Chillick, 52, of Geary, N.B. was fined and placed on probation for nnn yp.Ar today after pleading guilty "offering an indignity to buried human re- mains. Three other persons have pleaded guilty in connection with an April incident in which n skull was dug up from u urnvc in n cemetery near Iloyt, V.B. They are to bo sentenced this week. 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