Lethbridge Herald, The (Newspaper) - January 25, 1975, Lethbridge, Alberta
Saturday, January 25, 1975 TME 25- Court overturns big Telex award DENVER (AP) A U.S. federal appeals court, ruling that IBM had not violated anti-trust laws, overturned a damage award Friday to IBM's competitor, Telex. In a 300-word order, the 10th U.S. Court of Appeals also rul- ed that Telex had stolen IBM's trade computer secrets and ordered Telex to pay IBM million. The case was appealed from U.S. district court in Tulsa, Okla., where visiting U.S. dis- trict Judge A. Sherman Chris- tensen first ordered IBM to pay Telex million. He later reduced the sum to million, saying he had made a "substantial error" in computing the amount. Telex had charged IBM, the United States' largest com- puter company, with monopolistic practices in attempts to lock Telex out of the computer supply market. IBM in turn sued Telex for allegedly stealing its trade se- crets, and Christensen award- ed IBM million in that case. Shortly before the appeals court decision was issued, the Securities and Exchange Commission (SEC) suspended trading in all IBM and Telex stock until 10 a.m. Tuesday. The SEC said the suspensions were ordered allow time for the public to be fully in- formed regarding the decision." The SEC normally orders suspension of trading in a company's stock when it knows of coming an- nouncements that might affect, the stock market. "The evidence establishes that IBM's actions constituted valid competitive practices and were neither predatory nor otherwise violative of the anti-trust acts." ROSSITER AGENCIES LTD. AIICIIUMOf Royal Insurance and other leading FIRE AUTO BONDS LIABILITY Lower Floor S17-4lhAvt.S. Ph. 327-1541 Ottawa promotes business Publishing industry gets shot in the arm Cold business Construction work can be cold business. Ironworker Harvey Winters can testify to that. The Bank of Montreal office floor he's working on in downtown Toronto is higher than any other building in the city. When completed the bank building will be 72 storeys high. NOTICE Due to the extended shopping hours and only having part of our staff in our store each day, we feel we cannot give our customers the kind of service they deserve. Therefore we have decided to close one full day a week so that we may have a full staff every day to give our customers better service. EFFECTIVE MONDAY, FEB. 3rd WE WILL BE CLOSED EVERY MONDAY We hope this does not cause any inconvenience to our customers. u f u r ions FURNITURE LTD. 1254-3rd Ave. S. Beaver bill introduced OTTAWA (CP) A bill to declare the beaver an official Canadian symbol was in- troduced in the Commons Fri- day by Sean O'Sullivan (PC- Hamilton-Wenworth "The importance of the bea- ver is, of course, basic to our he said as the bill was given routine first reading. "Although never officially recognized (the beaver) be- came and remains a symbol 'with which Canadians have identified." Declaring it an official sym- bol would not remove the bea- ver "from popular use as a trade name or other he said. The bill is one in a long list introduced by private members. Few such bills are passed. New commander named OTTAWA (CP) Com- modore Daniel Nicolas Mai- nguy, 43, of Victoria, director- general of postings and careers for officers, has Phone 328-4133 assumed duties as com- mander of the NATO Standing Naval Force Atlantic, the defence department an- nounced Friday. PETERBOROUGH, Ont. (CP) State Secretary Hugh Faulkner announced an increase Friday night of more than 25 per cent in'the federal government's financial assistance to Canada's publishing industry. Mr. Faulkner, addressing a conference on the state of English language publishing in Canada at Trent University here, said the federal govern- ment also will take initiatives to promote greater exposure and distribution of Canadian books and magazines. He said the Canada Coun- cil's assistance program will be raised by million, an increase of 40 per cent from its current budget of ?4 million. The new programs announc- ed come into effect April 1 and include: to book review- ing and other forms of infor- mation about books; for common dis- tribution and sales services by publishers. Mr. Faulkner said support for book reviewing could include production of taped reviews for distribution to broadcast media as well as production of literary supplements for the print media and of more specialized bulletins for librarians and teachers. The program also could include a program of travell- ing book displays, and enlarg- ed programs of'tours by authors to read and discuss their works as well as the possible establishment of a children's book centre. Support for common dis- tribution and sales services could include jointly produc- ed catalogues, sales develop- ment consortia, joint use of marketing consultants and projects aimed at improving market information'and developing managerial skills. Other measures planned include: to es- tablish concessions to sell Canadian books in federally controlled buildings across the country; federal review of copyright legislation; of the review agency mechanism of the Foreign Investment Review Act to screen proposed foreign ac- tivities in the Canadian market, and to block them if necessary; of co operative projects by magazines designed to strengthen their competitive ability; of assistance to projects propos- ed by the periodical industry's representative associations to improve promotion, distribu- tion and marketing; study of the feasibility of a system of guaranteed .loans for Cana- dian book publishers. Mr. Faulkner said the federal government "is ex- amining the possibility of es- tablishing guidelines designed to increase the amount of advertising space purchased by government departments in Canadian periodicals." YAMAHA ORGANS New and Used I COLLEGE MALL Phone 328-3694 I The CITIZENSHIP COURT from Calgary will be at the COURTHOUSE in Lethbridge MONDAY, JANUARY 27th From to p.m. Persons having business with the Citizenship Court may attend at that time. PRESENTATION OF CERTIFICATES will be held at a.m. Tuas., Jan. 28th CITIZENSHIP COURT 335-8th Avmut S.W. Cilgary Phone DEPARTMENT OF THE SECRETARY OF STATE Tax time Mall your completed Return In this envelope TAXATION DATA CENTRE, OTTAWA, ONT. is Canchek time Unfortunately, it is also a very frustrating time of year. A time when you need good book- keeping and records, to help you organize and maximize your tax benefits for the past year. If you don't have such a system, you'll need one for next year, and that's where ID'S Canchek can help you. With the TD Canchek system, you simply place a code number on your cheque or deposit slip to indicate what you bought or sold, and the computer does the rest. We provide you with a.monthly cash flow statement, a farm income statement and a loan account report. And, in the last four months of your accounting year, Canchek provides you with a tax statement showing your, taxable income so you can buy or sell to adjust your tax position. Canchek is just one of the many farm banking services of the TD Farm-Pac program offered by your local Toronto Dominion Bank. Now is the time to start organizing yourself for next year's tax time. Drop in and discuss TD Farm-Pac and Canchek with your Toronto Dominion Manager. He'll explain in detail how Canchek can work for you. r Attention Lethbridge Catholic Property Owners The City of Lethbridge 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. UAPA'C ridCO nUVVi Complete the form on the reverse side of the Assessment Notice and mail it to the Assessor of the City of Lethbridge. Final date of appeal 14 February, 1975. For Further Information Contact: iaul DMjttl it 328-2341 if M I 327-4133 Mta.