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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - July 29, 1972, Lethbridge, Alberta Bond prices Supplied by Doherty MuCuaig Limited GOVERNMENT OF CANADA BONDS 4'A% Sept. 1, Oct. 1, 8 July 1, 4V4% Sept. 1, Perp. 3 Sept. 6V4% Apr. 1, July 1, Sept. 1, '72 99.75 100.25 '75 97'00 98.00 '78 10100 105.00 '03 79.07 80.37 15 40.00 42.00 '75 100.50 101.00 '75 102.00 103.00 '92 81.00 03.00 Man Hyd 0 '91 97.50 99.50 Sask BW '90 105.00 107.00 Will '90 107.00 109.00 AGT 8 '74 101.00 103.00 Man Tel 0 '74 101.00 103.00 INDUSTRIALS PROVINCIAL GOVERNMENT OF CANADA GUARANTEED BONDS Alberts '90 10-1.00 106.00 Ontario 7 '88 92.00 94.00 Ont Hyd 9 '94 107.00 109.00 New Br '90 108.00 110.00 Nfld 8 '74 100.00 101.00 N S '92 83.00 85.00 Quebec '74 100.00 102.03 Alberta '90 105.00 107.00 By Gene ftnvcelte fOA THE HOME THE FLATTENED OVAL SHAPE OF A NEW "600SENECK" DUCT PERMITS BENDING TORT TIGHT SPOTS WITHOUT CUT- OR SOLDERING. INSTALLATION IS 2 TO 3 TIMES FASTER THAN WITH THE COMMON RISIDTYFE... HAY REALTY (LETHBRIDGE) LTD. APPOINTMENT i i MR. GEORGE OSHIRO Mr. Ian Hamilton, Manager of HAY REAtTY (tETHBRIDGE) LTD. lis pleased to announce lhat George Oshiro has joined the Residential and Farm Dept. as a Sales Consultant. George and his family are presently residing in Coaldole. Hs ij looking for- ward lo the opportunity of meet- ing and serving the public. Call him for assistance in the sale or purchase of Real Estate in the Lelhbridge and Coaldale area. HAY REALTY (LETHBRIDGE) LTD. COLLECE MALL PHONE 327-7077 9-% Alta G T Alean B.C For B.C. Tel Vk% Bell Tel 914% Bell Tel CP Ltd CP Sec Cdn Util CWNG Gulf Oil Inter P P Massey Noranda 914% Int Nickel N and C G St of Cdn Tr Cdn P Tr Cdn P 10 '90 105.00 107.00 '91 105.00 107.00 '92 107.00 109.00 '90 105.00 107.00 '79 105.00 107.00 '93 108.00 310.00 '89 103.50 105.50 '90 104.00 106.00 '91 106.00 108.00 '90 107.00 109.00 '90 103.00 105.00 'M 105.00 107.00 '80 104.00 106.00 '90 103.00 107.00 '90 105.00 107.00 '91 105.00 107.00 '90 105.00 107.00 '90 108.00 110.00 '90 110.00 112.00 CONVERTIBLE] Alta G T 714% '90 141.00 144.00 Cons Gas 5Vi% '89 90.00 92.00 Dynasty 7 '82 102.00 108.00 Acklands '88 97.00 99.0 Scur Rain '88 64.50 86.50 Tr Cdn P 5 '89 111.00 113.00 WC Tr C '88 97.50 99.50 WC Trans 7K% '91 123.00 'Comittee of 20' WASHINGTON (Reuter) The 120 governors of the Inter- national Monetary Fund have voted in favor of establishing a "committee of 20" to negotiate world financial reform in- formed sources said here Fri- day. IMF Managing-director Pierre-Paul Schweitzer and top financial officials of the leading non-Communist industrial na- tions agreed informally in the early part of this summer to es- tablish such a committee. The intention was to create a more broadly representative forum than the elite Group of Ten richest Western nations which negotiated last Decem- ber's currency revaluations. Dy PETER LEICIINITZ Canadian Press SlaH Writer A flood of Improved first-halt earnings reports sparked a strong rally on most major Ca- nadian stock markets this week. The earnings reports ap- peared to dictate the trend of many issues as companies re- porting higher profits scored sharp gains. One analyst said favorable economic outlook for the bal- Aspirin mystery probed SAN FRANCISCO (AP) Isolation of a group of hor- mones called prostaglandins is throwing light on the persis- tent medical mystery of how aspirin works, a British re- searcher says. Dr. John R. Vane, professor of experimental pharmacol- ogy at the University of Lon- don, (old the International Congress of Pharmacology in, its final session Friday that aspirin and its close chemical relatives inhibit the body's production of the prostaglan- din hormones. Vane said the work of many laboratories around the world has resulted in the isolation of 14 prostaglandins and the pro- duction of artificial chemical duplicates. Three prostaglandins are found in every ceil in the human body, he said, and their function appears to be to mobilize the body to cope with problems by simulating in- flammation fever and pain. The mystery about aspirin has been how it counteracts these three phenomena, Vane said, and research shows that aspirin and related com- pounds appear to curb pros- taglandin output by 25 to 100 per cent, resulting in less in- flammation, fever and pain. Vane said research on pros- taglandins may in time find new uses for them in birth control inducing treat- ing ulcers, asthma and nasal congestion, reducing high blood pressure and baiting stubborn wounds. Rudy Vallee listened to song that's ended NEW YORK (Reuters) Tliirty-nine years ago Friday, a Western Union operator named Lucille Lipps called Kudy Vallee on his 32nd birth- day and sang Happy Birthday OFFICE SPACE FOR RENT Suitable For Medical Offices AVAILABLE AUGUST 1st Apply; Pahulje Construction Ltd. 2618 S. Parkside Drive Phone ,327-6747 CGNESTOGA MOTOR HOME 1502 2nd AVE. S. LETHBRIDGE, ALTA. by McDONELL MANUFACTURING THE MOST COMPACT MOTOR HOME ON THE MARKET TODAY. 19, 11, and 24 ft. capacity Motor Homes THE smoothest riding Molor Home made today THE Home with (lie leasr noise inside while travelling THE only Motor Home available lodoy wilh the riding quality of a large automobile THE Manner of construction of the 22 ft. capacity motor Home with recessed bumpers is ihe only Motor Home known today wilh twin gauclio beds and gaucho dinello lhat can be lawfully parked at a parking meler of any cily THIS Molor Home has more upper cupboard and stor- age space than most olher makes CALL at our factory and see for yourself, check the conslruclion and make comparisons TRY OUR RENTAL PLAN to him over the telephone. Sometime in December an- other operator will sing the same refrain and a quaint, al- though somewhat silly, bit of Americana will vanish into the past. Because of a sharply declin- ing demand, Western Union has announced it is ceasing its singing telegrams at the end of this year. The company, with the approval of the fed- eral government, already has been granted permission to discontinue the singing serv- ice in 24 states. It expects to win approval in the remaining 2G states in the next five months. "People aren't asking for the service said Kenneth Mau, a spokesman for Western Union. "And we're having trouble getting operators to do the singing." THE HOTEL WITH MORE TO OFFER AND WE NOW HAVI COLORED TV For Your Convenient In Malting Reservations CALL AND ASK FOR LONG DISTANCE ZEnith 0-7255 at no cost lo you IVIERA MOTOR HOTEL 5359 Calgary Trail Edmonton, Alberta Phono: (403) 434-3431 Telox: 037-2510 nnce o[ the year for many com- panies also pushed prices up in many sectors of the market. At Toronto, the industrial Index, a prime Indicator of mar- ket trends, climbed 2.87 points, the best one-week advance in a month, to close at 204.49. n Wall Street, issues edged fractionally higlier erasing losses suffered during the pre- vious week. REGISTER GAINS Canadian markets registered broad gains during the first three sessions. A miltl round of profit-taking Thursday resulted in some losses, but another strong performance Friday re- stored most of the advance. On the Montreal and Cana- dian stock markets, the compos- ite index rose 1.63 points during the week, closing Friday at 211.22. Combined volume on the two exchanges was 5.37 million shares, compared with 5.G7 mil- lion last week. Trading was moderate throughout the week on the To- ronto market with a total of 10.36 million shares changing hands, up from 8.5 million a week earlier. Some of the best advances were scored by gold issues as the price of gold on interna- tional bullion markets once again rose to record highs. Fri- day, bullion traded at (U.S.) a fine ounce on the Lon- don market, its best level ever. GOLD ISSUES STRONG The higher prices, coupled with improved earnings for some Canadian gold producers, resulted in strong gains for gold Issues on Canadian markets. The gold index at Toronto soared 10.57 points during the week, closing Friday at 222.20. At New York, the Dow Jones Industrial average of 30 blue- chip issues rose 5.65 points dur- ing the week, closing at 926.10. Combined volume on the two exchanges was 76.23 million shares, down slightly from the 76.93 million traded a week ear- lier. Base metal issues made frac- tional gains in light trading. One analyst said first-half earn- ings by some raining companies were not as bad as investors loturdny, July 1972 THE LFTHMIDOI HRALD 19 ir gains had feared and some bargain-buying of issues which hnd been over-sold during this sector's lengthly decline was evident. The base racial index of the Toronto market climbed 1.29 points, closing at 93.04. With little news to guide Investors in the oil sector of the market prices remained mixed to fractionally higher. The western oil index of the Toronto market closed at up 1.34 points during the g] OTTAWA (CP) Canadian farmers have planted nn csli-matcd 23.1 million acres in wheat this year, about 10 per cent more tfian the 1971 total of 19.4 million acres, says Statistics Canada. But Statistics Canada also reported Friday that estlmotes se seeded to barley has declined to 12.5 million, a drop ol 11 per cent from last year's estimate of 15.2 million. Rapeseed at acres is down 38 per cent from last year's record of 5.4 million acres while flax feedings cut dropped to 1.4 million acm from 2 million acres. Oat acreage slid to 7.2 million acres from last year's estimate of 8.1 million acres. Rye estimates were down 34 per cent to acres from the 1371 total of 1.1 million acres. But a record of acra has been sewn to soybeans, up from in 1971. lost figure was also a record. Acreage set aside for mm-merfallow is up to 29 million from 26.2 million last year. layeoccu, uurlcy acreage showed decreases from last year's In the Prairie provinces, where most Canadian wheat is grown, acreage Is estimated at 20.8 million, up from last year's 18.9 million. The preliminary estimates, based on a June survey by Statistics Canada, indicate workers OK contract HAMILTON (CP) Employees of the giant Steel Co. of Canada ignored plant stewards Friday and cast a 65-per-cent vote in favor of a new three-year contract with the company. Although' the leadership of the United Steelworkers of America, Local 1005, urged Hie union members to accept management's offer, Hamilton plant stewards had turned down the agreement at a pre-vote meeting Thursday. The plant stewards also rejected a settlement supported by the union negotiating team in 1969 when the last contract was negotiated. That time their opposition set thp. stage for rejection of the agreement by the membership and an 81-day Coal pipeline route okayed PENTICTON, B.C. (CP) -The 490-mile route for a proposed million coal pipeline through southern British Columbia to the coast has been approved by directors of the Regional District of Okanagan-Similkameen. The pipeline, proposed by Cascade Pipe Line Ltd., will carry coal from the Kootenay area In southeastern B.C. to the Roberts Bank port facility south of Vancouver. Shelpac Research and Development Ltd. is currently working on the pipeline plan. Cascade is a subsidiary of Canadian Pacific while Shelpac was established by Shell Canada Ltd. and Canadian Pacific to do research and development of solids pipelining. Construction is expected to take two H. Smith Ltd. Customs Broker I eoMoftTOfl I I 1 V X >t AI.ETHBMMI KINGSOATE MMHI MMWKt COUTH Phon. payoffs VANOOUVKK Tom Campbell said an investigation has shown there was no substance to an allegation made July 13 that senior members of the city's police force were taking payoffs. The charge was made during a television interview in which an unidentified self-proclaim-, sd uruatituic rpote t" an interviewer on the CHAN-TV program News GEORGE, B.C. (CP) About 45 of the 173 inmates at the Prince George Correctional Institute are refusing to eat certain meals in a protest over the quality of the food, prison officials BANK DEPARTMENT MANAGERESS Required by local firm to take control of a large China and Giflware Department. This person should be recently or actively employed in a similar or related position. Basic salary plus bonus and other benefits. Please send complete resume as fo employment, age, martial status, etc. to Box 68, Lethbridge Herald. All replies strictly candidate parlicipaie in furthering ihe development and operation of ihe bank's services lo the agricultural industry in Alberta. QUALIFICATIONS Consideration will be given to applicant who have completed a bachelor's or Masters Degree in Agricultural a definite advantage and the individual ihould enjoy working wifh the public. SALARY Fully commensurate with qualifications and experience. Tholi interested please submit complete resume in confidence tor B. K. Wershler Employment Officer P- O. Bag Service 2534 Calgary, Crossword By Sidney L. Robbins DUTCH TREAT ACROSS 1 Dimirmhei1 7 Beam 12 Stupor 16 Won't work without a r'.rike 21 One versed in law 22 Mariinl component 23 Judah'sion 21 Grand or comic 25 Slate cf fundamenial- iii sect 27 Sect led by M. Simons 29 Nice season 30 She: Fr 31 Study hard 33 Frrearmi 3-3 Soafe 35 Currenl events 37 Newspaper notice 39 Brain IISSLIC 40 Land lip on Bering Strait 42 Raised 15 Eat 47 Nsstv look 1-----stock 3 Man of rheionc 4 Sardine holder 5 Being 6 pointed 7-----or leavi B Siatc: ahbr. 9 Trangress 10 Oust 11 Raised 48 Teem 51 Concorde, e.g.: ebbr. 53 Ferberor Mi Hay 55 Roman emperor 59-----offering GO Cut off 63 Extra tin 64 California tort 65 Obligsted 67 Last long 68 Corrida cry 71 Ricochet 72 CryslaMm, tubsiancs 74 Hoi and bothered 77 "All-----by the tele- phone" 79 Religious body abbr. 80 Agony 82 Key group 83 Mark of qual'iy 85 Assistant 86 Beam 87 French My B8 Bird's lower jaw 89 Amish center 92 In a faulty 95 Least possiblt 98 Ampersand 99 Perhaps 100 Seat ot tha sixth sense 102 Widgeon 103 PMvrthnsn 105 Can. prqv. 106 Famed commuter line: ebbr. 107 S. African fox 109 Broil parrot 110 Swedish island 112 Given "what for" 116 Former Barbary state 110 Heeompsnie 120 Obi 121 Al center point 122 Staging insect 123 Tens. 125 Doctrine! 127 Youth'i forte 130 Promise breaker! t34 Jewell .136 Onion DOWN T2 28 Beginning 13TivoMvei 32EslrangE 14 Ani disease 15 Yearly 17 Bee: ccmb IB Tropical frsh 19 Boring person: si. 20 Snccd 2C Soliciors' degreci 3G 38 Hardy girl 41 Las Vegas game 43 Wne 44 Military award: abbr. 46 Business Pbbr 43 AH round 43 Pack rior-kcy 50 AmiEli ideals 52 Dragged youth 141 Nigerian 142 Auricular ,143 Pui your heart 144 Passage of composition 146 Person of habit 147 and 150 Amish wordf onlifi 154Scottiih town 155 Arthurian lady 156 Coal tar product 157 Hole 158 Moslem titles: var. 159 Gal Friday. ebbr. 1EO Used up 161 Reason 64 Coral islands, 56 Founder of Amish 57 Originals 58 kingdom 60 Depression 61 Apple cider gal 62 Approach' 6G Apple 09 Larly known as 70 Opponent! 73 Kind ol acid 7B Custom 77PH 78 Ardor 81 Cheese 84 Clay, Baba fl7 Hallucma- 94 Legal term lory drug 95 Greek priest G6 Bird's nest 97 Smallest 89 Travail 90 Like an old woman 91 Nautical chain 02 of 56-A 8G Tircks under chin again 93 chiefs. Hind. Ill Cavalrymen (01 Water: Fr. 10-1 Rclaied 106 Wot so flighty lOSCollsr ISx 19, by Anthoni-Morse ACROSS 1 Eng. mil. unit 4 ----voui D Remains 14 Opposite 15 Oabbte 16 Forbidden1 17 Have trouble 18 Capekidea1 19 .Alaskan 20 Degree ol concern 23 Conjunction 24 On firs' 25 Olio 29 frnjudicH 30 Recording device 33 Mapped out 35 Trxed procedure 37 Electrical unit 38 Actrcis JOJrr----- Nelherlandl waighl 40 Beat 41 Tanan 42 Garland 43 Court 44 Ouiht 45FoT[ m Somrnvcsi At eh 13 47 Tat. iIK, oT dwellings 51 Ev.cnsive 52 Egyptian maid 63 Beak 64 Hit on thi' head 65 Rcligioui dress V 57 Samnan porl 59 Article 62 Setae 64 Theater sign 65 Gf Rally impressed1 66 Footwear 67Pinla-1s- 58 Theater location 69 Tennis term: var, 70 GVb: tl. 71 Fill up 72 Put feionicj to music 79 Scrub 80 Webs Bl Siylc 82 Mowgli'i wo 11 BSWiihlobei 64 Siamese twin 85 Caucasian 86 Signs of wmlLv S7 Gram DOWN 1 Back 2 Flying 3 Touched chapeaux 4 Protectivi garment 5 Teacher, for short fi Chief crop in India 7 Collsr 8 Paid up 9 Begin lOYain 11 R.bicoff etnl 12 Two world problems 113 Burmese 114 Executed 1l5Pcrtaininf to a type o( poem 117 Morse goddess TT9 Brcause of 122 Dives 124 Triads 35 Cem, 13 Bsr lly 21 Comlorl 22 Norse goddess JG Noun ending 77 Gravestones 28 Wife ol Menelaui 29 Rel. 30 Fruit 31 High note 32 Plavlhlng 33 Mild cigar river 34-----polio, 49 Flag dale 33 Nonsense 40 Battled ciilicism 41 Short throws 43Camelirst 44 Insect 4G Newcomer 47 Duplicated 48 Italian 126 Lays IDIV 123 Intersect- ing line 129 Stain 130 Gam and Hayvvorth 131 Black 132 Nobody 133 Stone of 135 Porch EOEnlilies 51 Donne girl 54 Shot 56 Drink 57 Tool 58 Pastry 59 Felon taking incond rap 60 Leadership 61 Dutch communs fi3 Mnnkny 64 Royal 133 As a friend, In Peril 139 Cruet 145 Adrift 143-----sack 119 NYC area ISIChem.suff 152-----Yutang 153-----O'War 65 Winged 67 Offspring 70 Weight 71 Hcapi 73 Seafood delicaciei 74-----of Augui; obs. word 75 Ardor 7R To be: Fr. 77 Passed on 78 Rim saint CRYPTOGRAMS SOLUTIONS OF LAST WEEK'S PUZZLES' (1. H M F H Z F S Y E STICK N I N K N M F U M A YB TK DYE NKNMF MONEY UMAYEFZZ. By Myrtle Cushmin 2. SVNAV XVWYY X II X J W L X1IXJW SVNAV XSJ XJJXYWL XJ XJJX LJ? By Milt Hammu 3. ONDDY DBNONEBN EB DAMESBOND MDIASBO BSB NIOYO OY MDBYQNSB By Norton Rhoadu "fail VTcrk'i Cryploprnms 1. "Itcream for Good old children 'i clmnt, bud for fat dad. 2. A word Lo the wise: Crossword Addicts don't care lo hrnr cross words, no-liowj 3. Dicier 'i iminl dilemma: How lo keep spirits up while keeping weight down. 1972 by Chlcar.oTribnnc-N.Y. News Synd. Inc., World filfihU Reserved ;