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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - July 2, 1970, Lethbridge, Alberta Thursday, July 2, 1970 THE LETHBRIDGS HERAID 19 Spending Slows Down OTTAWA (CP) Uncertainty about the future and the govern- ment's anti-inflation program appear to have been responsible for a sharp reduction in con- sumer spending on durable goods. Slackening consumer demand for such things as automobiles, stoves, refrigerators and the like has prompted producers to cut back on their output. New figures made public here on Canada's expendi- tures on consumer goods and services showed an eight-per- cent reduction in spending on durable goods from the last three months of 1969 to the first three months of 1970. Expressed as annual rates of spending, seasonally adjusted to smooth out the normal varia- tions between pre-Christmas and posMMew Year activity, ex- penditures on durable goods dropped to from In the first three months of this year, durable goods spend- ing was at the lowest level since the summer of 1968. INCOMES RISE The cut occurred while per- sonal incomes continued to rise. Spending on non-durables and services rose, did per- sonal savings. Economic analysts read con- siderable importance into the durable goods figures, however. While demand and expenditures for such things as wheat and beer, or beauty treatments and dry cleaning, are directly re- lated to incomes and prices, more complex factors affect du- rablfi goods. Among them are credit condi- tions, and the prospect for a continuance of high and rising incomes. People hesitate to buy a new car as long as the old one is running well if they think credit conditions might become easier, or if they think wage and salary increases may be- come more difficult to get. Figures released here in the new DBS monthly index of domestic output showed a drop in durable goods manufactur- ing. It was down 3.2 per cent be- tween February and March, this year. Though it recovered in April, it was still down 1.7 per cent from February. Crops Look Good CALGARY (CP) Hot, dry weather last week followed by weekend rains brought improv- ed crop growth and develop- ment, says the Alberta Wheat Pool weekly crop report. Wheat crop prospects remain generally good to excellent, the report said. Crops in the south- eak of the province will be light, but elsewhere are excel- lent. Wheat height now is about nine inches, with about 22 per cent of the wheat already reach- ing the shot blade. Considerable patchy growth is evident in stands of rape- seed and flaxseed. Heavy weed growth is report- ed in all regions. Hay and pas- ture growth has improved. Cut- worms are numerous. The report also said the wheat index declined two per cent to 94 per cent of normal. Crop de- terioration due to drought was reported by 33 stations this year compared with 141 last year. Crops other than wheat show- ed adecline also: barley is down one per cent, oats and rye dropped two per cent, and rape and flaxseed each declined three per cent. Top-soil moisture and sub-soil moisture declined to 80 per cent of capacity. Fort Vermilion 170 Years Old FORT VERMILION (CP) This northwestern Alberta com- munity of 800 persons celebrat- ed its anniversary as one of the longest established towns in western Canada. It was first settled July 1, 1880, by a group of fur traders and missionaries, making it 170 years old. Fort Vermilion is on the Peace River, 350 miles northwest of Edmonton. 5 DIE IN SHOOTOUT CAIRO (Reuters) Five members of a narcotics gang were killed and seven policemen were wounded in a 24-hour gun battle after a security patrol at- tacked a hideout in upper Egypt, police sources said Wednesday. BAGG1NC on a Viet Cong in action south helicopter and A PRISONER South Vietnamese soldier adjusts the sandbag blindfold prisoner in Dong Ha, South Vietnam. The two blindfolded prisoners, taken of the Demilitarized Zone, were brought in for interrogation by an U.S. accompanied bv American sergeant, right. Sergeant is unidentified FLQ Admits Planting Bombs MONTREAL (CP) The Front de Liberation Qucbecois, a group advocating Quebec's in- dependence through violence, has claimed responsibility for two bomb explosions June 24, including one at defence head- quarters in Ottawa which killed a woman and injured two men. In a letter to the news media Monday, the FLQ said it planted bombs at the Lisgar Street defence headquarters and at a Montreal postal substation to protest the firing of 435 mail truck drivers. Jeanne D'Arc St. Germain, 50, an operator in the defence tele- communications centre, was killed by the blast. Two oilier employees were sent to hospital. There was only slight damage to the postal substation in north-end Montreal. The drivers, former employ- ees of G. Lapalme Inc., were fired April 1 when the post off- ice took over delivery of Mont- real mail from Lapalme, which had held an exclusive transport contract. The FLQ said in. the letter the drivers were "dismissed be- cause of the anti-union attitude of the federal government." "Tills has been going on since April said the letter. "It has dragged on too long. The time for contempt is past. The FLQ will continue to support the 435 workers as much and for as long as the millionaire Trudeau, with his lack of conscience, and his government of financiers, withholds justice, from these Quebec workers." The typewritten not dated, was signed with thej letters FLQ and ended with the phrase: Warniifg to La Presse: Explain the action of the FLQ. La Presse is a Montreal French-language daily. CARTOONIST DIES LONDON (Reuters) toonist Anton, famous for her satiric comments on the British middle classes, died Tuesday. Anton (Antonia Yeoman) was in her late 50s. She worked regu- larly for British newspapers and the humorous Punch magazine. PRICES EFFECTIVE Thursday, Friday, Saturday July 2, 3, 4 Wi RESERVE THE RIGHT TO LIMIT QUANTITIES. SIRLOIN or CLUB STEAK TABLE RITE RED BRAND FOR A DELICIOUS BARBECUE SALTED NUTS Aloha Mixed 13-oz. pkg. MAXWELL HOUSE INST. COFFEE lO-oi. jar ROAST TABLE RITE RED BRAND RUMP BONELESS NO WASTE Ib. SI .09 I Table Rite Red Brand, Round Steak 95 YORK SPAGHETTI In T.S. 14-oi. tins NABOB ASSORTED JELLY POWDERS 3-OZ. PKGS. Spare Ribs Table Rite Pork Side Ib. 75' Smoked WIENERS BULK ISA Table Rite Reg. or Jumbo Barbecu. Ib. COOKED MEATS 39' Table Rite Fey. 4 varieties, 6- ot. pkgs. pkg. SAUSAGE Jubilee Breukfst. Mb. troy Ib. SIDE BACON IGA Table Rile, Rindlui.l-lb. troy.......Ib. CASHMERE WHITE OR YELLOW White Granulated TISSUE 8- ROU PACK Sugar Campbell's Mushroom Soup ,19 10-lb. bag 10-oz. tins Green Giant 12-oz. tins IGA FROZEN FOODS Top Valu Fruit Cocktail Q.T.F. Sliced, Crushed or Tidbit Top Valu Clear or A J ftfl F IneOppEe i. 12-01. tins 4 for I ,00 French Fries lork choi" Raspberries 2 f Dragon Dinners 14-07. tins IGA DAIRY SPECIALS Cheez Whiz Kraft iar 1.49 rhaam lea' 4 OO VllCCSCProcessed .....2-lb. pkg. Dessert Topping Monat0, TOP VALU MARGARINE l-LB. PACKAGE PINK, WHITE or YELLOW SCOTTIES 400s 3, RODGERS GOLDEN SYRUP LOWNEYS BUNDLE BARS 10 I0c bars TOP VALU BLEACH 64-01. jug 28-01. tins California 1 3J1 All PURPOSE WOW CLEANER 40 OZ. 40 oz. YORK FCY. FRENCH GREEN BEANS 14-pz. tins 2 SALAD DRESSING .TANG 6c off, 32-oz. PURITAN BEEF STEW 15-oz. tins MCCAVIN'S HAMBURGER OR WIENER BUNS Pkg. of 12 2.- pkg.. Bonanu, Cheerios i Puritan and Meat Balls n AA w i.uu r I Spaghetti tin. Fruit Salts f I Head Shoulders, MQ jhampOO Lotion 5.2-Di. 1.47 Blades TnsonChromeEdse... 59c Dishwasher Soap Kontiki choice 28-oi. tins Bartlett Pears 2 TOP VALU APPLE JUICE 48-OZ. TINS IGA TABLE FRESH PRODUCE FOR BETTER MEALS r" Peachesswee and ju y Calavo Fresh Pineapple Ib. si" California 69 NectarinesAd Canada No. 1 Carrots Canada No. 1 Celery Hearts GRAPES CALIF. GREEN SEEDLESS LB. Red Ripe WATERMELON EACH 99 ;