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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - July 9, 1970, Lethbridge, Alberta I Lethbridge Livestock 1 On offer to a.m. 29 1 cattle. Receipts nostly choici butcher steers and hiefers Cattle market active. Good anc choice butcher steers steady tc 25 cents lower in spots. Mr. 0 L. Wareberg of Coutts sold 61 strictly choice high yielding steers averaging 1210 poundi at 30.70 to export buyers. Gooc and choice butcher hiefers meeting good demand at aboU steady prices. All classes o: 8 cows meeting fair demand ai steady rates medium and gooc heavy feeder steers seiing fuliy steady. Choice steers: 30 to 30.90; good 29 to 30; medium 26.50 to 28.50. L Choice heifers 27.50 to 28; I good 26.25 to 27.25; medium 25 Good cows: 21 to 22.20; medium 20 to 21; canners and j cutters 17 to 19.50. Good heavy feeder steers (over 900 Its.) 29.50 to 30.80; s medium 27 to 29. Good stock cows 21 to 23. Butcher hogs sold Wednesday f.o.b. Lethbridge 28.85 to j 28.40 base price will all hogs selling for export price con-. verted to 22.80 liveweight. Calgary Livestock CALGARY On offer to 11 a.m., about head; mostly good and choice slaughter steers and heifers. Trade was active. All classes of slaughter cattle sold at steady prices with good cows scarce. Choice slaughter steers 30 to 30.70, good 29 to 29.75, medium 27.50 to 28.75. Choice heifers 27.50 to 28.30, good 26.50 to 27.75, medium 25 to 26.25. Good cows 21.50 to 22, medium 20.25 to 21.25, canners and cutters 18 to 20. Good bulls 26.50 to 28. Replacement cattle were mostly fleshy steers and heifers selling at steady prices with a good local demand. Good feeder steers more than 750 pounds 29 to 31.80. Good feeder heifers more than 650 pounds 26.50 to 28.20. No stock or slaughter calves were offered. Hogs base price QUOTATIONS Vancouver, Calgary. Montreal (Supplied by Doherty, Haedbause and McCuaig) LAST BID OR SALE a.m. Quotes) til; 00 a.m. Quotes) a.m. QUOTAS) WESTERN OILS Joutel Incoma fih Different Tax Autos' own car, the allowance ww at 3 cents per mile for a mill-mum of 30 miles per day. the taxpayer qualified for the allowance, he was for the year in question. He was also instructed to include the amount in his income. He refused, arguing that was merely a reimbursement of expenses of travelling he had necessarily incurred in carrying out the duties by which he earned his taxabla income. In other words, he reasoned that U the car allowance were taxable, surely the travelling expense, which excwded that amount, would be deductible. At the Appeal Board, be, like the doctor, argued his own case but Board member J. 0. Weldon, Q.C. had no alternative but to apply the law M it presently stands. He pointed out that tax law provdes that where an employer arranges and pays for transportation for employees from their home to the job site, the benefit (free transportation) to the employee is generally not taxable. But, on the other hand, where the employer doesn't provide the transportation and compensates employee for furnishing his own, that compensation become taxable as a benefit to the employee arising from his job. Mr. Weldon ruled in this that the travelling costs were a personal expense rather than a business expense, because the individual was a salaried rather than a self-employed person. Thus the car allowance was taxable as ordinary income. While the logic of laws which treat similar situations so differently may escape many observers, nevertheless the fault, if any, lies in the law, not in its administration. The present tax reform program attempts to resolve this tax discriminaiton between the employed and self-employed by allowing employed persons to claim a general deduction (or all costs of earning their living, as the self-employed may do. However the proposed deduction isn't sufficiently generous to be of much help since it is limited to the lesser of three per cent of one's income or per year. The Carter Commission had proposed a maximum of per year and it would seem that the latter figure is closer to reality and should be adopted If the system is to be made more fair. (Mr. Asper Is a Winnipeg lawyer) Talple anc rease in will re-rorld oil-present Canadian ly to be Prices EDMONTON (CP) Closing >rices Wednesday as provided >y the Alberta Hog Producers arketing Board: Edmonton: Quoted 27.50 to .05, average 27.60. Red Deer: Quoted 27.55 to .15, average 27.70. Calgary: Quoted 27.55 to 28.25, erage 28.04. Lethbridge: Quoted 28.05 to 40, average 28.21. jloydminster: No sales. Grande Prairie: No sales. Hogs sold provincial erage 27.71. Sows sold 80, ices 18.25 to 19.35, average Shows In The Red TORONTO (CP) Organizers of the recent Festival Express rock concerts appear to have lost about on the three-city train ride. Although figures are not yet final, Len Knott, a publicist for the Express which was backed by Ken Walker, George and Thor Eaton of Toronto and Maclean Hunter Ltd., said here attended Uie shows in Toronto, Winnipeg and Calgary. He said that is made up of paid admissions in Toronto, in Winnipeg and about in Calgary. Mr. Knolt estimated the gross at on tire scries of i shows which had originally been JUdgeted at This i budget also included scheduled c shows at Montreal which were 1 irohibited by the city. Oil Policy Mess EDMONTON (CP) Dr. DENTURE CLINIC 324 5th St. S. Ph. 328-7484 Above Capitol Furniture EDDY DIETRICH, C.D.M. Bottling Facilities At Labatt's EDMONTON (CPJ-Labatt's Alberta Brewery announced Wednesday that construction las started on a addi-Jon to its bottling facilities. W. E. Pearson, general man-jger for the Alberta division, ,aid the new facilities are expected to be in operation by fune, 1971. He said the company also vill spend to increase ermenting and aging Liberal member oi parliament for Edmonton-Strathcona, said here that Canada's "so-called national oil xilicy is so damn out of date it isn't funny." "Tilings are in a he said regarding the announcement Tuesday that Gulf Oil Canada Ltd. would reduce production at its Clarkson. Ont. refinery by 40 per cent, cutting mrchases of Western Canada crude oil by barrels a day by July 15. Development of new refiner-es in Eastern Canada during the past five years has all been aimed at markets reserved for ve-stem products, he said. It would be in Canada's best nterest to build a pipeline to lontreal. A proposed refinery n Newfoundland will have a apacity of more than arrels a day slated for Mon-real, he SALES OUTDOOR POWER DIVISION DEALER REQUIRED This fast growing division of Renn Sales, which ncreased sales on snowmobiles alone by over 300% last year, requires dealers in this area to market Moto-Skl Snowmobiles and Vamoosa All Terrain These beautifully designed high performance vehicles can be your entry into the highly industry of the future; supplying people and the leisure time industry with these and other vehicles for their recreational needs. Also farmers, ranchers, and others need these rugged, go anywhere vehicles to meet their requirements for winter and summer transportation. CALL GENERAL SALES MANAGER DEL 5HARPE el 264-0850, or to: RENN SALES (Calgary) LTD., 3240 11 St. S. Smitty's Pancake House Franchise Available Excellent location In Marathon Development In City of lelhbridge to bo open about October, 1970, Cash required approximately Capital investment returned In approximately four years. For further information plant or phone SMITTY'S PANCAKE HOUSES LTD. 709 8th Avt. S.W., CAtOARY, 243-5683 On July 77, 1970, Council of the Cily of intends to pass By-law No. 2897, be ng a by-law lo regulate hedges, treti, fences, or other objects on private property adjacent to intersections In Int City of Lethbridge. Interested persons may inspect a copy of the proposed By-law at the office of the City Clerk during normal working hours, and may make written submissions, for or againtt the proposed by-law, to City Clerk not later than Noon on Friday, July 24, 1970. KEN A. SEAMAN, Acting City OFFICES FOR RENT EACH PER MONTH SECRETARIAL SERVICES ALSO AVAILABLE Contort PAHULJE CONSTRUCTION LTD. S. PARKSIDE DRIVE PHONI ;