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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - July 11, 1973, Lethbridge, Alberta 34 THE UTHBRIDGE HERALD Wednesday, July 11, 1973 Cool Below normal tempera- tures are expected to cov- er most of Ontario during July according to the 30- day outlook of the United States Weather Bureau. Above normal tempera- tures are expected in parts of the prairies and the East Coast while the rest of Canada will hove near normal conditions. Near normal precipitation is expected to cover most of the country. The outlook is not a specific forecast and changes may occur. f I Moderate Nerrnel Preclpltetlon Venceuver 1.0 Edmonton Normal Vancouver Edmonton 63 Regino Winnipeg Toronto Ottawa Montreal Halifax St. John's Precioitation TemoeratureEfeSS On Sole: July 11 to 14 While Quantities Lost MISSES' COTTON BIKINI PYJAMAS Sizes Colours Pink, Mauve ond Mint. Reg. 3.99 A Clearance A. MISSES' BODYSHIRTS Reg. 10.96 7 AA Clearance Reg. 8.99 Clearance Reg. 6.99 Clearance 7.00 5.49 LADIES' and MISSES' SUN DRESSESES Reg. 7.99 Clearance Reg. 3.99 Clearance 4.25 2.99 Children's Sandals Reg. 1.99 and 2.29 fj. Clearance I .OO Reg. 2.49 and 2.79 AA Clearance Reg. 3.99 A Clearance TODDLER BOYS' T-SHIRTS Reg. 1.19 Clearance 99c GIRLS' 2-6X SHORTS Reg. 1.22 and 1.33 Clearance 99c LADIES' FULL LENGTH CHECKED DUSTERS Reg. 13.99 Clearance 7.00 LADIES' and MISSES' PANTS Assorted styles and colors. Clearance 5.00 MISSES' and LADIES' BATHING SUITS ONE PIECE Reg. 12.95 Clearance 11.00 Reg. 2.33. Clearance 2.49 Reg. 8.96 Clearance 7.OO TWO PIECE Reg. 12.96 Clearance 11.00 Heg. 3.99 and 4.99 Clearance 3.33 GIRLS' 4-6x NYLON TOPS Reg. 1.37 Clearance 99c LADIES' MISSES' PLESSE COTTON GOWNS Reg. 2.98. Clearance Reg. 3.98. Clearance 2.66 Reg. 4.98. Clearance 3.32 LADIES' and MISSES' COTTON DUSTERS Reg. 7.99. Clearance 4.99 Reg, 5.96. Clearance 3.77 Reg. 3.99. Clearance 2.77 Reg. 2.99. Clearance 1.99 MISSES' WHITE PULL-ON PANTS Reg. 12.99 1AAA Clearance IU.UU Reg. 8.88 Clearance GIRLS' FLARE PANTS Sizes 2-6x. Reg. 2.33 A Clearance BOYS' and GIRLS' NYLON T-SHIRTS Reg. 1.99 Clearance T.19 BOYS' SIZES 4-6X TERRY T-SHIRTS 1.49 Reg. 2.22 Clearance GIRLS' BODY SHIRTS Sizes 4-6x. Reg. 1.77 4 A Clearance Sizes 7-14. Reg. 1.96 Clearance MEN'S POLYESTER COTTON STRIPED T-SHIRTS Reg. 5.49 Clearance 3.49 Reg. 3.99 Clearance BOYS' SWIMMING TRUNKS 2.99 RUG PIECES Approx. 15" x 26" Reg. 99e 75. rionmnrn ______. Clearance Girls Bag Pants Solid colours and checks. Sizes 8 14. Reg. to 8.95 MQ Clearance Reg. 5.99 to 6.95 Clearance NOXEMA COVER GIRL SUPER SHEER MAKE UP liquid ond Compact Reg. 1.69 AA. Ciearance 77v PLASTIC WIND UP SEA PLANES teg. 97e 77. Clearance PIASTIC BAT AND BALL Reg. 97e Clearance 77c YOUNG MEN'S COTTON BAGGIES Sizes 30 to 36. Reg. 11.98 a QQ Clearance O.7T BOYS' SHORT SLEEVE SPORT SHIRTS Reg. 1.99 to 2.99 a A Clearance ASSORTED PICTURES SCENES 22" x 28" Reg. 4.99 Clearance 3.00 4-WAY POSITION CAMP COTS 5.00 Reg. 7.99 Clearance VINYL COVER PHOTO ALBUMS Size 9" x 11H" Reg. 1.49 Q7C Clearance 'fv NOXEMA COVER GIRL BLUSHER DUO WFTH BRUSH 99c Reg. 1.49 Clearance BOYS' BATHING SUITS Sizes 22-6x. Reg. 2.66 Clearance 1.99 Reg. 1.99 Clearance 1.66 Reg. 1.27 Clearance ,99 MEN'S 100% POLYESTER KNIT SHORTS Reg. 5.98 Clearance 3.99 MEN'S POLYESTER KNIT PANTS Reg. 15.97 and 18.00 J JJ .Clearance I I DOUBLE FACED MIRROR ON STAND Reg. 1.39 Clearance 75c MEN'S and LADIES' PARKER WATCHES With expansion braceyet Reg. 15.97 19 AA Clearance....... IZ.WW FLORAL PERMANENT PRESS BEDDING PILLOW CASES Reg. 2.83 Clearance Sheets Reg. 5.99 Clearance 76" Shew Reg. 5.99 Clef ranee Reg. 5.97 Clearance..... 1.77 4.33 4.33 4.33 MISSES'ONE SIZE STRETCH BIKINI BRIEFS Blue only. Re9 79c 2 1.00 Clearance LADIES' and MISSES' SHORTS Reg. 4.99 A QQ Clearance A.77 Reg. 2.99 Clearance ALL NUDE PANTY HOSE Colours -beige and spice. Reg. 99e A AA Clearance for I AW GIRLS' 8-14 COTTON Pyjamas and Gowns Reg. 3.98 Clearance 2.66 Reg. 2.98 Clearance 1.99 Reg. 2.88 Clearance 1.92 Reg. 1.88 Clearance 1.26, MISSES' PULLOVERS Reg. 6.94 to 8.99. M AA Clearance 1.TT Reg. 4.96 to 6.96 4 77 Clearance Reg. 5.96 to 6.76 Clearance 4.49 LADIES ana MISSES TANK TOPS and HALTER Reg. 3.33, Clearance 2.49 Reg. 2.99, Clearance 1.99 Reg. 1.99, Clearance 1.77 LADIES' VINYL SANDALS Reg. 2.99 i Clearance Reg. 3.99 Clearance 2.99 BOYS' COTTON PYJAMAS Size 2-6x. Reg. 2.19 Clearance 1.46 Reg. 1.98 Clearance 1.32 Reg. 1.59 Clearance 1.06 GIRLS' 7-14 SHORTS Reg. 1.74 and 1.88 Clearance Girls' Bathing Suits .Sizes 2-14. Reg. 3.77 Clearance 3.33 Reg. 2.77 and 2.93 Clearance 2.49 Reg. 1.96 Clearance 1.69 BOYS' COTTON SHORTS With Patch Pocket. 2.76 Reg. 3.66 Clearance BOYS' PANTS Asst. of denim and corduroy. 4.77 Reg. to 8.95 Clearance POLY STEP-ON GARBAGE CAN .....2.99 Reg. 4.44 Clearance MEN'S ELECTRIC SHAVERS Reg. 16.77 Clearance 12.00 BOYS' SHORTS 2-6x. 99c Reg. 1.19 Clearance BABY DIAPER SETS Reg. 3.66 and 3.99 Clearance Reg. 2.99 Clearance 2.99 1.99 MEN'S SHORT SLEEVE DRESS SHIRTS White and beige only. Reg. 2.99 Clearance MEN'S SWIMMING TRUNKS Reg 4.98 Clearance Reg. 3.99 Clearance 2.99 Reg. 2.99 Clearance 1.99 STRIPED ACCENT RUGS Approx. 23" x 34" Reg. 3.69 A JPA Clearance WICKER BASKET CHAIRS Reg. 6.99 Clearance 5.00 WHITE PERMANENT PRESS BEDDING Reg. 2.41 Clearance Sheets Reg. 4.74 Clearance 76" Sheets Reg. 4.74 Clearance Sheets Reg. 4.54 Clearance 1.54 3.64 3.64 3.44 VINYL BASEBALL GLOVES 1.50 Reg. 1.V5 Clearance PROFESSIONAL FRISBEES Reg. 1.39 Clearance 99c TOY LAWNMOWERS Reg. 1.97 Clearance 1.49 AIL WEATHER PLASTIC PUP TENTS Reg. 97e jj Clearance V PLASTIC BOATS 4 IN PACKAGE Reg. 49c Clearance pfcg. 10 SPEED BIKES Reg. 88.88 Clearance 75.00 INFLATABLE SWIM RINGS Inflated site 21" x Reg. 53e A Clearance for CONVERTIBLE BIKES Wifh training wheels Reg. 46.66 9Q Q7 Clearance.....VT.Tf LAWN DARTS Reg. 4.97 Clearance 3.99 SUBSTANDARD SHEARED BATH TOWELS Approx. Reg. 2.98 Clearance CA Open Daily 9 a.m. to 6 p.m. Thursday and Friday 9 a.m. to 9 DAVID BARRETT B.C. uncertain socialist By JAY WALZ New York Times Service VANCOUVER Premier David Barrett is a more "re- laxed radical" than he appear- ed to be when he took over Bri- tish Columbia's government 11 months ago. The shift has by no means quelled the fears of business- men and capital investors. "We wish we really knew his inten- one company executive said the other day. However, there is a growing consensus that his time in of- fice has made the 42-year-old Barrett, as a business writer for the Vancouver Sun observ- ed, a "more cautious Socialist and a more confident capital- ist." Barrett, a former social work- er, led the leftist, New Demo- cratic Party to victory last Au- gust over what were considered great odds. He successfully challenged the 20-year record W. A. C. Bennett, who had made his Social Credit party a synonym for free enterprise. While countering the thrust of Bennett's of "radical socialism." Barrett promised that any government he head- ed would promptly take over the British Columbia Telephone Company in the public inter- est. Since Hs election, Barrett has become more vague about the date of the takeover. "We are still committed to it, but we have no timetable for he said recently in a state- ment. "We do not intend to na- tionalize. We intend to par- ticipate and participate on our terms." This was a reference to Ben- nett's "surprise" takeover of British Columbia Hydro, the province's electric utility, 10 years ago. Bennett, the champion of free enterprise, defended this unexpected move on the ground that it was good business and in the public interest. Bennett, who was his own finance min- ister, always boasted of Bri- tish Columbia's vast natural wealth and the "wonderful fi- nancial shape" of his govern- ment. On the night of Ms de- feat, he said: Enormous debt "British Columbia is in a cash position better than any place in this continent and so Mr. Barrett is going to have a great opportunity of doing things because his is going to have an this cash left by Mr. Bennett." The cash reserve amounted to million, which the pre- sent government would be hap- py to use on new social and economic ventures. But against this reserve of cash the new premier inherited minion of outstanding parity bonds. And last February, in his first budget, Barrett, who is also his own finance minister, report- ed a net provincial debt of billion. Whfle Barrett insists, "we're in very good shape in this prov- some financial observers find a direct relationship be- tween British Columbia's bond and debt accumulation and Bar- rett's retreat from "radical" to "moderate" reforms. Barrett recently returned from a "get-acquainted" tour to visit financial experts in New York and several European cit- ies, where he portrayed British Columbia in terms of investment of opportunities as brilliant as the land's sunny climate and mountain scenery. In New York he called on Solomon Brothers; Kuan, Loeb; Merrill Lynch; Halsey Stuart, and First Boston. He dropped in on Moody'a Investment Ser- vice and Standard and Poor's, offering to answer questions about "our solid financial po- sition." "We thought some bankers might shy away because of all the British Columbia socialism an aide told a reporter. "Bust most of the financial men were impressed by the prem- ier's business approach." Back home, Barrett said that New York money men had seemed but he added that he felt it wise to have foreign investments from Europeans and Japanese, too. Diverse capital "Any country should diversi- fy its source of foreign capital and the purposes of that capi- he said at a news con- ference. Foreign ownership, so much feared by many Cana- dians, is "irrelevant if it is participation on our Barrett said. And "our terms" mean "joint participation with the government in suitable sec- ondary industry." he added. As an example, he said the British Steel Corporation was establishing a small steel mill (the province's first) in Bri- tish Columbia. The British con- cern might also become a par- ticipant in the operation of the Sukunka coal field, in which the British Columbia government holds a 40 per cent interest, be added. While businessmen find Barrett's expressed commit- ment to private investment gratifying, many are less than sure about the premier's prom- ise to eschew government own- ership. There have been a num- ber of government purchases from private industry. When Crown Zellerbach Can- ada, Ltd., a branch of the Unit- ed States based company, began phasing out its news- print mills a Ocean Falls, B.C., last winter, the New De- mocratic Party goverom e n t bought the entire town "and all it contains" for mflJion. Officials explained that the government bad done so I" "save a of 500 people front extinction. Motives questioned More recentb', the govern- tuent bought Columbia Cellu- lose facilities at Prince Rupert, and on Jan. 27, announced the purchase of a majority hold- ing in Plateau Mils, Ltd., at Vanderhoof, an operation founded in the 1940's, and for several years administered by 42 families of the Memxnrite sect. Since Plateau Mills has been a profitable operation and is in the area where jobs were not threatened, the government's motives are being questioned. The purchases led one Vancou- ver Sun columnist to ask, "is fts (New Democratic Party) po- licy to rescue failing communi- ties and failing but worthwhile companies? Or is Victoria now in competition with fee private sector when sales come up? Such questions are being ask- ed, too, by Vancouver brokers, who are suffering from a stomp in mining investment Tbe re- cent decline on Ibe New York and Ttoronto Stock markets, ft is conceded, must in all pro- bability have a depressing ef- fect on British Columbia inves- tors. However, an official of securities firm last week men- tioned the "uncertainty over province's New Democratic Party government" as an ad- verse factor. ;