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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - January 20, 1972, Lethbridge, Alberta Loser about Winners made in Kaiser stock TORONTO (CP) The indirectly Include directors spokesman for the OSC P. Heiner, senior offi- Mr. Ercerson, the ners among Kaiser Ltd. Each officers of a company letter was sent to Mr. Kaiser Steel and president, held a "UMiden" dealing in itock of on trades through owning more than 10 for an explanation of held for November, 1970, Canadian subsidiary through a standard of the stock of a holding. However, July, 1P70, said 700 sold 200 were sold at holding company made a the shareholders A director or officer died shortly after 200 at at and 600 at of about while advice at counsel and company which owns was sent and the loo at P. B. Marks, Oak- lost about has always been that 10 per cent of another received an L. Ilsley, senior officer, Kaiser filed with the Oriario not directly or Indirectly is also an insider of a report of the disposition and senior officer, director, Kaiser Steel and CotnoiissiOD control over the company. Senior shares. The spokesman Resources, held held state- Eighteen executives of of those above OSC did not pursue me for April, 1970, said for January, 1970, said Resources LftJ., Vancouver, KRL after his at sold at (17.12 to Kaiser Steel Corp., statement from Kaiser MADE WAS A. Macllvaine, for December, 1971, Calif., or botti, filed insider Q-jKbng reports Monday with president C. Lee Emerson on Jan. 5 said 36 the 18 who filed statements of holdings thioufdi KRL nine who sold their shares at a profit director and senior officer, Kaiser Steel and sold at Admiram Lee Peake Jr., OSC. Ibt statements were filed after toe Wall Street Journal pubH bed a story Jan. 5 calling the stock profits "fringe and key employees of Kaiser Steel purchased stock in KRL Investments Ltd." KRL is a federally chartered company with its registered head sales at average prices above the offering price. Four executives reported average sales at below the Ashby, Oakland, chairman, Kaiser Resources, held shares; a statement for March, 1970, said were sold at and at statement for June, 1970, said sold at to John D. Saussaman, Oakland senior officer, Kaiser Steel, senior officer, Kaiser Steel, held 500; statement for August, 1970, said 500 sold al The five who retain snares fits." The Journal story said the procedure followed in the Halifax. Mr. Emerson was one of price. The other five executives F. Borden, Oakland, senior officer of Kaiser statement for Jasuary, 1970, said 290 sold at their holdings through KRL, were: Mark T. Anthony, Oak- purchflsss wos AH sttenipt THe Jan. 5 one statement each of of Kaiser Steel and statement for June, senior officer, Kaiser circumvent regulations of KRL bought through KRL, held 250 sold at to shares; Robert G. United Ststcs ond Kaiser Resources at the shares have not been for January, R. Walker, Oakland, Oakland, director and change offering price when the Jan. 5 statement from sold at officer, Kaiser Steel end officer of both Steel and originally issued in said KRL still held shares; Edgar Kaiser officials had said of the F. Gleed, January, 1970, said 500 Kaiser, Oakland, senior offi- wanted a broad Canadian offering price was Kaiser Steel and to statement of Kaiser Steel, director of investment in Kaiser and the stock was Winters, former held 1970, said 500 sold Steel and Resources, owned by Kaiser in July cabinet minister and a for January, to statement Bernard E. Olsen, Oak- died. The 18 held stock of spokesman for the OSC party leadership sold at 1971, said 500 sold senior officer, Resources, the commission is 1968 in opposition to shares; and Eugene E. Tte- QUALITY that all persons defined as insiders under Ontario law now prime minister, had filed a report in J. Hardy, vice-president and secretary, Kaiser REPORT LOSSES The four Jr., Oakland, director and senior officer of both Steel Wf 1 1 reports of indirect saying he had an held J. Carlson, Resources, shares. KRL. The in shares of January, 1970, said 750 Kaiser Steel and statements filed EDDY planned judicial action Resources. This was to statement senior officer, the OSC show that some Ciitifitd Dental reports of insider Winters left 1970, said sold at I Steel, held statement companies executives Capitol Fumitun the plans were and Then he was statement for June, 1971, said sold at other substantial holdings PHONE the reports were of Kaiser. 250 sold at to In Kaiser ThvrMby, JcniMty 10, H72 TW LtTMRIDOE HWALO SHOP AWaolworfl THIS THURSDAY, FRIDAY AND SATURDAY FOR THESE DOOR BUSTER SPECIALS 2-ROLL PKG. PUREX BATHROOM TISSUE 2 77" tm pkgs. I I WEEKEND SPECIAL 4 JEWELLED MOVEMENT ALARM CLOCKS at DUNLOP FORD WESTON WAGON WHEELS Box of 12 A t- QQ TERRIFIC VALUE..... boxei W MEN'S DRESS HOSE Plain or A Patterned pair 15-01. THERMOS VACUUM BOTTLES Talk easy guyi of DUNIOP FORD an listening They know they can wve you money. You can bank on So m a DUNLOP FORD Mfy guy Ihii week hi'i (at tho dnl you'vo wailing for. Talk financing DUNLOP FORD credit powtr will tavt you money, nil ui how much a month you can pay and a DUNLOP FMD easy guy will toiler a deal ihaf pun you behind Ihe wheel of a 42.79 WEEKEND SPECIAL LADY PATRICIA HAIR COLOR Completely coven grey. WEEKEND SPECIAL 6-OZ. NOXZEMA SKIN CREAM value. WEEKEND SPECIAL SCATTIRMATS In a widt (election of colors and patterns, FEATURE VALUE SOUD STATE PORTAUE DAMO Talk lease: At DUNLOP FORD you can lease i new car for leu than Talk rent DUNIOP FORD will rent you a car for a day, week-end, week or month come in and gef our law rates. Talk service DUNLOP FORD quality service puts ever 20 factory trained A-l at your call, theft why you con r. T For .xampl-a 1972 Pinto for a day at count on DUNLOP FORD'S total ,.rvic. bated on 36 monthi. fn dqy ond g( 1972 PINTO 2-DOOR 1600 cc engine, 4 spd.. floor shift, bucket seals, w.w. tires, block heoler. C9OCO AS LOW AS 9C493 or only S259 Down and per month GMC 960 series 3 ton, 5 spd. main and 2 spd. aux., 167" w.b., ntw 900i20 rubber on rear. Good mechanical condition. TALK PRICE C4OC1 SPECIAL A REAL SLEEPER. TRY THIS 1970 PONTIAC Police Interceptor, 454 cu. in. V8, outo., P.S. ond P.B., black, no markings. Power train has miles on overhaul. TALK C1Q4O PRICE SPECIAL 9 1 THIS OUT 1970 Merc. Cyclone 428 CJ engine, seleclshiM auto., PXS. and P.B., radio. Candy opple red exterior with o black knitted vinyl uphol-slery. A real cleon mileage unil. TALK COOQ7 PRICE SPECIAL ONLY 1963 CHEV TON V8, 4 spd. trans., in real good ABOUT THIS 1969 FORD 6 pass, ranch wagon. V8, auto., radio. A good solid economical unit. TALK PRICE CO1OO SPECIAL THIS SPECIAL ON OUR 1970 FORMER SERVICE TRUCK F2SO IWB styleside, 360 V8, auto, llans., pwr. steering, pwr. brakes, radio, rear bumper, new rubber. This will rnalce an excellent camper unit or H.D. farm vehicle. App. miles warranty remaining. ONLY A 'A TONT BUY THIS 1970 FORD 6 cyl. custom, 3 spd. frans. with a radio. Only miles on this unit and balance of power train warranty available to 5 yrs. ond miles. TALK PRICE C9OOO SPECIAL 1968 MUSTANG V8, euro., radio, original miles. Reol cleon both inside and out. Candy apple red with a block knitted vinyl upholsiery. TALK C 4 OCO PRICE SPECIAL 972 MAVERICK 2 door. 6 cyl., sld. trans., block heater, w-walls, wheel-covers. Ready to go. FORD Vi TON V6, 3 spd. trans., shorl W.B., narrow box. TALK PRICE C19OO SPECIAL ___ 91 CC CHEV Vi TON V8, 4 spd. trans., radio. A good running unit. TALK PRICE C 4 49C SPECIAL ___ 91 only S333 Dawn and S79 per month W.A.C. With built In AC AN UNBEATABLE VALUE RUG REMNANTS Approximate Sin DOOR BUSTER SPECIAL adapter! iS VALUE LET DUNLOP DOLLARS DO THE JOI FOR YOU MONEY AVAILABLE FOR BOTH NEW AND USED VEHICLES LEAVE YOUR BANK LINE FOR EMERGENCIES WITH DUNLOP DOLLARS YOUR CAR IS ADEQUATE COLLATERAL fj FORD OPEN HOURS: Weekdays 8 a.m. to 9 p.m. Saturday 9 a.m. to 5 p.m. Corner M.M. and 16th South Phono 328-8861 L.P. RECORD SPECIAL Buy one for THE SECOND ONE FOR ONLY...... SPECIAL YOUR CHOICE OF PIES i i USE YOUR OR YOUR WOOLCO CREDIT CARD ;