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
Previous Edition:

Search All United States newspapers

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

Browse U.S. Newspaper Archives

googlemap

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

OCR Text

Lethbridge Herald, The (Newspaper) - July 3, 1971, Lethbridge, Alberta July I. If 71 THI HTHMIDOt HMMD it Prices climb in week By PETER LEICHN1TZ Canadian Press Staff Writer Prices on major Canadian stock markets posted fractional advances in most sectors in light trading this week. Analysts attribute the rise to several actors. Many feel investors have had ample time to fully study the federal gov- ernment's recent tax change proposals and are making cor- responding adjustments in their portfolios. The continued rise in con- sumer credit, that is the amount of outstanding consumer loans, continues to have a bullish ef- fect on the market. Many inves- tors interpret a rise In con- sumer loans as a general sign of the strengthening economy. New pulp mill plans scrapped EDMONTON (CP) A pro- posed million pulp mill at Whitecourt, 100 miles northwest of here, will not be built "owing to market conditions." MacCJillan Bloedel Ltd. had until midnight Wednesday night to present its plans for the mill or forfeit its hold on acres of forest in the Whitecourt area. The plans, were not an- nounced and Peter Downs of Vancouver, vice-president of communications for MacMillan Bloedel, said the company is unable to proceed. The company has had the mill under study for five years and spent more than mil- lion on the project. Death of the project, how- ever, did not come as a shock to Whitecourt. "We've been expecting said Bill Frizzell, a member of the town's boar'1 lion. "The liar :g was on the wall a year ugo." MacMillan Bloedel spent the 6 million buying out the in- jests of a company that had lease on the area and then doing studies on the area. The company and the Al- rta government opened ncgo- rations in 1967 for the lease rich would supply timber for le mill. Since then the agree- ent has been renewed several Tines, but Wednesday night as the deadline for a firm immitment. Construction permits up CALGARY (CP) Permits for construction valued at million have been issued by the city during the first six months of the year. The total is well ahead of the Six-months figure of million in the record year of 1968 when structures valued at mil lion are approved. D u r i-n g June, 938 permits were issued for buildings ex pected to cost million. Projects include single fam ily dwellings worth mi lion, apartments worth mi lion with the remainder for stores, office space and publi buildings. H. H. Smith Ltd. Customs Broker SZ8-814I COUTTS Phon. 344-3BM Bond prices Supplied by loadhouse and McCualg Bros. eOVEKNMENT OP CANADA GOVERNMENT OF CANADA OUAKANTiED tONDS on. F-kry. lid AtkiJ Apr 1, '71 Matured Sept. 1, '72 99.85 99.95 Oct. 1, '75 97.75 98.25 Jul. 1, '78 107.25 108.00 Sept. 1, '83 81.00 81.50 3 Sep. 15 38.00 40.00 Apr. 1, '75 100.75 101.25 Jul. 1, '75 108.25 103.75 i Sept. 1, '92 82.00 83.00 rlOVINCIAl Alberta mtario 7 Ont Hyd 9 New Br Nfld 8 N. S. Quebec Alberta Jan Hyd 8 Sask Nfld 9Mi% ACT 8 Man Tel 8 '90 102.00 '88 88.00 '94 106.00 '90 107.00 '74 99.00 '92 81.00 '74 99.00 '90 104.00 '91 96.00 '90 103.50 '90 104.00 '74 102.00 '74 102.00 1M.OO 90.00 108.00 109.00 101.00 83.00 101.00 106.00 98.00 105.50 106.00 104.00 104.00 Alta G T 9V4% Alcan B.C. For B.C. Tel Bell Tel 9Vs% Bell Tel CPK CP Sec Cdn tTtil 9% 5 CMHG Gulf Oil Inter P P Massey 934% Noranda 9'A% Int Nickel 9Vt% N and C G 914% S of Cdn Tr Cdn P Tr Cdn P 10% '90 102.00 104.00 '91 102.00 104.00 '92 103.00 105.00 '90 104.00 106.00 '79 104.00 106.00 '93 105.00 107.00 '89 102.50 104.50 '90 100.00 102'00 '91 103.00 105.00 '90 103.00 105.00 '90 103.00 105.00 '90 102.00 105.00 '80 101.00 103.00 '90 102.00 105.CO '90 103.00 105.00 '91 104.00 106.00 '90 104.00 106.00 '90 103.00 105.00 '90 105.00 107.00 At Toronto, the industrial index, the prime indicator of market movement rose 1.20 points, closing at 180.37. Trading continued light throughout the week. Total vol- ume at Toronto was 7.86 million shares, down from 8.83 million last week. However, Canadian markets were closed Dominion Day, July 1. At the Montreal and Canadian exchanges, the composite index climbed 1.43 points, closing at 179.72. Combined volume at the two exchanges was 4.90 million shares, compared to 5.21 million last week. Western oil issues posted strong advances, reflecting a growing amount of encouraging news. Dome Pete announced It Is planning to split its shares on a three-for-one basis, subject to shareholder approval. Also Worldwide Energy an- nounced a large gas discovery in south-eastern Alberta. The Toronto market's western oil index gained 6.76 points, closing at 220.85, a high for the year. NEW YORK HIGHER Prices at New York moved modsrately higher during what observers termed a "technical rally." Many analysts say the market is presently in a "corrective phase" and as a re- sult many investors are on the sidelines, waiting for an upward trend to develop. On the week, the Dow Jones industrial average of 30 key blue-chip stocks rose 14.22 points, closing at 890.91. Volume at New York was 62.8 million shares, down from 66.30 million last week. Monday's volume of 9.81 mil- lion shares was the lightest vol- ume on the New York Stock Ex- change since Nov. A lack of buying on interna- tional money markets, coupled with a drop in gold prices forced gold issues fractionally lower during the week. The gold index, at Toronto, lost 2.87 points, closing at 169.22. With little news to inspire speculators in base metal is- sues, prices drifted fractionally lower. Observers said a recent strike against the major copper pro- ducers in the U.S. had been largely discounted in advance on. Canadian markets. The only highlight of the week was an announcement by New Imperial Mines that it was sus- pending its copper mining and milling operation near White- horse, Yukon. The company said low copper prices on inter- national markets now make the operation uneconomical. On the week, the Toronto market's base metal index rose .74 points to 93.37. AifliliiMilll Saratoga service rate base boosted by 'Pass acquisition Iraq Petroleum warned by Syria OOLKMAN (CNP D P. McDonald, president, an- nounced today that Saratoga Processing Company Limited has purchased the sulphur re- fining plant at Coleman, own- ed and operated since 1961 by Jefferson Lake Petrochemicals of Canada Ltd. The Saratoga Company pres- ently owns and operates a gas processing plant at Coleman to process gas from the Savanna Creek Field for delivery to Westcoast Transmission Com- pany Limited. Mr. McDonald stated that the adjacent sulphur refining plant will be operated In con- junction with these gas pro- cessing facilities under the ex- isting service contract with Westcoast. The acquisition ot the sul- phur plant increases the cos of service rate base of the Saratoga Company by Under the revised contract with Westcoast the rate of. re- tarn payable to Saratoga will be increased from 7% to 7% per cent. Mr. McDonald fore- cast that as a result of these changes Saratoga's net income will be increased by approxi- mately 15 per cent. Charter flight licensing needs another hard look MONTREAL (CP) Govern- ments must take a fresh look at their licensing practices for non-scheduled charter flights, Honor student CHENEY, Wash. A Vaux- hall High School graduate now attending Eastern Washington State College, Christine L. Brown, has been named to the EWSC spring quarter honor roll. The daughter of Mr. and Mrs. Robert 0. Brown, Jr., Sherwood Park, Miss Brown is a senior music major at H. Don Reynolds, chairman of [he International Air Transport Association's North Atlantic Traffic Conference, said Friday. Referring to an announcement in London Thursday that one charter firm was seeking a lic- ence for York flights for a round fare of Mr. Reynolds said governments could undermine schedule: service through depriving scheduled airlines of revenue. Explaining that such pro- grams by charter airlines are not subject to IATA regulations he said: "Many of them use bargain basement aircraft They avoid the need of having reservations staff and other ost-productive services." BEIRUT, Lebanon (AP) Syria warned Friday that it would seize and1 shut off the pipelines of the Western-owned Iraq Petroleum Co. The warning was broadcast by the state-controlled Damas- cus radio 24 hours after the Syr- ian government broke off nego- tiations with IPC on higher transit royalties. "The people and government of Syria possess the means and will to extract their rights from IPC. The company tows from past experience that we stop at no limit to get our rights in a broadcast said. This was a reminder of Syria's 1967 seizure of IPC pipe- ines and installations that caused a three-month shutdown. The pipelines move 75 million ons of Europe-bound oil a year rom oilfields in northern Iraq o Mediterranean terminals in Syria and Lebanon. The lines were reopened when PC agreed to raise Syria's an- nual transit royalties by 50 per cent to million from mil' ion. The Syrians now are demand ing a new increase based on an agreement last January _ be- :ween Syria and the American owned Trans-Arabian Pipeline Co., which gave Syria an 80- per-cent increase in royalties to million from million a DutcH coocena and has head- quarters in London. A shutdown of IPC pipelines would hurt Iraq's economy In which oil accounts for 80 per cent of the national Income. year. IPC is owned equally by Brit- ish, American, French and Plan new engine PARIS Swed- ish car manufacturer Volvo has signed an agreement with French car makers Renault and Peugeot to produce a new range of anti-pollution car en- gines. _______ Oil, gas firms join in venture LONDON (CP) Home OD of Canada and Canadian Indus trial Gas have joined British interests to establish a censor tium for petroleum exploration in the North Sea. The new organization will ap ply for North Sea exploration licences recently offered by th British government. Home Oil, with a 30-per-cer stake in the consortium, wi act as operator of the enter prise. Canadian Insfairial Ga has a 15-per-eent interest. Char ter Consolidated, a Brit is company, is to have the sam stake as Home Oil in the con sortium. A number of English an Scottish firms have joined t obtain 25 per cent of the ex ploration group, thus givin British companies a total of c per cent in the consortium. Home Oil has already drillet two dry holes in the North Se bed and is involved in a su cessful on-shore gas field in Yorkshire. Canadian Industrial Gas aL has participated in North Se operations and, with Home, hi an interest in considerab quantities of gas condensa discovered in Scotland. ARONOVITCH ALBERTA LIMITED CORPORATE ANNOUNCEMENT RAY. A. HOLLAND Richard K. Dalton, F.R.I, C.P.M., Vice-President and General Manager, Aronovltchl Leipsic Alberta Limited an- nounces the appointment of Ray A. Holland as Residential Property Manager of the Com- pany's Calgary office at 614 6th Avenue S.W. This appointment further re- flects the Company's policy ol planned expansion to provide its clients with an ever increas- ing depth of service and exper- tise in property management, leasing, real estate sales and other related services. ARONOVITCH k LEIPSIC ALBERTA LIMITED 614-6th Avenue S.W. Calgary 3, Alberts Skiers to pay more ALBANY, N.Y. (AP) Charges for the use of ski lift! will be higher next winter at three state-operated ski cen- tres Belleayre, Gore and Whitefaee the New York state environmental conserva- tion department announced here. Increased costs given as the reason. Crossword COrmttTIBLft Alta G T 7V2% '90 113.00 115.00 Cons Gas 5H% '89 98.00 100.00 Scur Rain 7y4% '88 92.00 94.00 Tr Cdn P 5 '89 86.00 88.00 WC Tr C '88 88.00 90.00 WC Tr 714% '91 117.00 119.00 Dynasty 7 '82 82.00 87.00 AcKlands '88 75.00 80.00 WOUDS FOR THE HOLITUY ACROSS Berthing space at a premium VANCOUVER (CP) A flood of ships is arriving here to bypass a dock tieup in Uni- ted States west coast ports, and berthing space in Vancouver harbor reached a premium Friday. There were 42 deepsea ships in Vancouver and another eight at nearby New Westminter, with more on the way, as a longshoreman's strike halted for the second day operation of 24 ports between San Diego and Puget Sound. INSURANCE IS JUST NOT PART OF OUR BUSINESS -IT IS OUR ONLY BUSINESS Phone 327-3009 CONN VAN HORNE JACK WARBURTON 507A 7th STREET SOUTH BUY DIRECT FROM THE FACTORY ROCK BOTTOM PRICES GRAIN STORAGE FOR 12c PER BUSHEL I TRANS CANADA STEEL PRODUCTS LTD. I By Gene Fawcette TOE REQUIRED FDR SELEO10N OFASPECIFIC ANTIBIOTIC FDR TREATMENTOFAN INFEC- TION HAS BEEN CUT CMER A DAYTO 3 HOURS. AN AUTOMATED INSTRUMENT NOW SCREENS BACTERIALOILTLIRES AND PRESCRIBESTHEMOST EFFECTIVE OFANYOF13 DIFFERENT ANTIBIOTICS... me TKHNKUNS COST CAN SCSMEOf to NFWI Conodo Wirf., 345 SI. Jam.l SlnM Montreolljt. Ccnoda. TRANS CANADA STEEL PRODUCTS LTD. I BOX 35, IETHBRIDGE HERALD, IETHBRIDGE, ALBERTA I I am interested in a building long, I ........foot to be used for NAME: ADDRESS: J INSURANCE LIABILITY BONDS AUTO FIRE ROSSITER AGENCIES LTD. ESTABLISHED 1911 lower Floor SI7 4lh Ave. t. Phono 327-1541 1 Antenna. 7 Quahogs. 12 Flanges. 16 Small ears. Z1 Energetic. 22 She caused a war. 23 Silkworm. 24 Mine refuse. 25 Belonging to the time. 27 The longest "word" In TV. 29 Old musical note, ao Bather's need. >1 Mr. Caesar. 32 These may bring tears. 33 Sesame. 34 Assay. >6 Distinct variety ef food. 98 Gull-like bird. 40 Morris of TV, e.g. 41 Hutches. 42 Made a great effort. 45 Taxied. 47 Western alliance: init. 49 Request. 52 Chemical suffix. 53 Gentle. 55 Tyrant. 59 George movie actor. 60 Oral vole of approval. 64 Female relative. d'oeuvre. 66TV gadget: si. 67 Through. 68 French king. 70 Very: Fr. 71 Oriental sash. 72 Wooden pins. 73 Lily 74 Stings. 76 Tit 77 Drop for another. 79 Mata SO Kind of club. 81 Latin author. 83 Verdi opus. 84 Waggish. 86 Average. 87 Prince, for one. 89 Operatic solo. 90 Heraldic fillet. 91 Kind of lens 94 Rice 95 Take exception. 97 Tack. 98 Kind of eagle. 99 Tram. 100 Diminish. 102 Muffin. 103 Plantain. 104 Relative, 105 Hop stem. 106 Pointed arch. 108 Emblem of various states. 111 Surgical thread. 112 Late. 114 Locus. HCAI's frivoloui sal. 116 Arrested. 117 Aft. 119 Secondary school: abbr. 121 Brandy drink. 123 Dietary hazzards. 126 Distress signal. 128 Toothed dolphin. 130 Lopez's theme song. t3t Took to court. 135 Here: Fr. Island. 138 Dutch uncle, 140 Author Grey. 142 Artful. 143 Quicken. 145 Praise. 148 Crossbeam: dial. 149 Greek god of love. 150 Playwright Rice. 151 Exact satisfaction 152 Caesar, tor one. 153 Retreats. 154 Clever vaudeville performers. 155 Natural shelves. DOWN 1 Aspect. 2 French school. 3 Spirit lamps. 4 Ignited. 5 Nights 6 Change. 7 Amateur pianist's masterpiece. S Gaelic sea god. 9 Exclamation of sorrow. 10 Kind of badge. 11 Truman's treasury secretary. 14 Abstruse. 13 Goose. 14 Aper. 15 Certain Pacific island inhabitant. 18 Amphorae 17 And so forth: abbr. 18 Eaglestone. 19 Clear. 20 Retails. 26 Brace. 28 Toward the center. 35 Age group. 37 Away. 39 Cato and Cicero. 41 Postulate. Diagramless ACROSS 1 King of Norway. 5 Wei-known Hollywood name. 9 Opera. 10 Fratricide victim 11 Moth attractor. 13 Worship. 14 Endeavor. 16 Prods. 17 Fabric. 19 Indian. 20 The Fox. 23 Like come steaks. 26 Time zone abbr. 57 Ordered. 29 Exclama- tions. 30 Merry. 31 Carriages. 34 Acquit. 36 Hoodoot. 37 Fielder'! forte. 89 Dirt. 43 Indian memorial post. 44 State: abbr. 46 Yale. 48 Number of sides a decagon has, 49 Detest. 50 Surgical instrument. 51 Itinerant 64 Small fishing boats. 56 ness. 57 Indian, for one. 58 Irritable. 40 41 Rescues. 42 Swedish name. 43 Radio term: abbr. 44 Indians. 48 Legendary beauty. 50 Greek coin. 54 Sounds of a sort. 56 Stood. 57 Habituate. 58 Union of a aort. 60 Fruit. 63 Corrida cry. (4 Tiers. 60 Assistant. 61 Worship. 62 Watched closely. 63 Distinction 66 Isinglass. 69 Latin tion. 72 Lost color. 73 Rodent, 74 Color symbolic of constancy. 75 Exhaust. 78 Diamond 79 Broadway hit. 80 King Midas undoing. 65 Gobs. 66 Cocktail Ingredient. 67 Share. Las Vegas activity. 71 African river. 72 Bird. 73 Tests. 76 Musical instruments. 80 Angry. 81 Kitchen equipment. 82 Level. 83 River to the Baltic. 84 Drink of a sort. 82 Ancient languagel abbr. 84 Dowdy persons. 85 Turkish decree. 86 Shed. 87 Small drum. 88 Likeness. 85 Part of the overhead. DOWN 1 Louts. 2 Cheerful tune. 3 Hebrew month. 4 Pedigree or a sort. 5 Extortion racket. 6 Nigerians. 7 Pianist or fiddler. 8 Valley. 12Tied. Nancy singer. 91 Kind of sugar. 92 Skiff. 93 Direction. 96 That is: abbr. 97 Kind of biscuit. 98 Road machines. 101 Partner of Tinker and Chance. W3 Fatigue. 104 Bis: tnus. 105 Speculators. 107 Comf.ass point. 109 Corded material. 110 Balaam's- 111 Musical direction. 113 Soupcon. 116 Calumny. 118 Laughed 120 Chips. 122 Spirit, 123 Edicts. 124 African city. 125 Siamese coin. 127 Meaning- less look. 129 Soap plant, 132 Employing. 133 Encomium. 134 Units of force. 136 Coaiter. 137 Jacket. 139 Austen novel, 141 Roof edge. 144 A Gabor. 146 Mr. Torme, 147 Nickname. 13 Dyeing equipment. 15 Make possible. 16 Rubbers. 18 Exams. 19 Chinese name. 20 ibbr. 21 Certain Soviets. 22 White House Initials. 23 Japanese land unit. 24 Consumed. 25 Color. 28 Work units. 29 Choppers. 32 Chemical prefix. 33 Bondage. 34 Famous mountain. 35 Stream: abbr. 38 Convex molding. 44 45 Took turns. 46 Right: abbr. 47 Certain passes. Brinker. 49 Precise. 50 Dance. 51 Plant part. 52 Creative one, 53 Soviet hero. 55 Cigar. 57 Bird. 58 Swab. 59 To be Indebteu to. 61 Arrest. 62 Language: abbr. 68 Flooring. 73 Concern. 74 Dies 75 Space 77 Knob. 78 Kiln. 79 Spanish artist. CRYPTOGRAMS SOLUTIONS OF LAST WEEK'S PUZ7I.ES l.FUFTS UNJSO MONU EVTS RHJIBSL FOR UFTOHOJ tITHOMBSL FTS QVT SH.XWTSSO FBIWFQSTHEFB MFESL FIFTV. ByLouilJonei Z. GKBMTZl FA0G1T1JATJM LEV FATJGHUV SEA BM VUKEZMHAGHU XTM LAUGH MUZMU ES XBKEA. ByEdwiiiSiloyd Last WceVa Cryptograms 1. HMcfnl youth of loilny nay .omcflny establish nn cslabl.shtncnt, 2 Course man ale more than he should cat ot could hold lea. 3. sir and water pollution would add to Inlcrnal miseries. 4. To worry is not to Irust, lo trust is not to worry. Field EnlcrorHcs. Inc., 1971 ;