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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - July 29, 1972, Lethbridge, Alberta Saturday, July It, 1972 THE LFTHMIDOI HRAID 19 Bond prices Supplied by Doherty MoCuaig Limited GOVERNMENT OF CANADA BONDS 4'A% Sept. 1, '72 99.75 100.25 Oct. 1, '75 9700 98.00 8 July 1, '78 10400 10500 414% Sept. 1, '83 79.B7 8037 Perp. 3 Sept. 15 40.00 42.00 Apr. 1, '75 100.50 101.00 July 1, '75 102.00103.00 Sept. 1, '92 81.00 83.00 PROVINCIAL GOVERNMENT OF CANADA GUARANTEED BONDS Alberta '90 10-1.00 106.00 Ontario 7 '88 9200 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 8500 Quebec 71.1% '74 100.00 102 00 Alberta '90 103.00 107.00 THE FLATTENED OVAL SHAPE OF A NEW'SOOSENECK" DUCT PERMITS BENDINSTOFIT TIGHT SPOTS WITHOUT OTT- OR SOLDERING. INSTALLATION IS 2 TO 3 TIMES FASTER THAN WITH THE COMMON RI6IDTYPE.. Ita G T lean .C For .C.' Tel Sell Tel ell Tel P Ltd P Sec ,dn Util CWNG ,ulf Oil nter P P lassey loranda VM nt Nickel and C G t of Cdn T Cdn P Tr Cdn P 10 1 HAY REALTY (LETHBRIDGE) LTD. APPOINTMENT MR. GEORGE OSHIRO Mr. Ian Hamilton, Manager o HAY REAITY (LETHBRIDGE) LTD iis pleased to announce lha George Oshiro has joined th Residential and Farm Dept. a a Sales Consultant. George am his family are presently residin in Coaldale. He is looking for ward to the opportunity of mee' ing and serving the public. Ca him for assistance in the sal or purchase of Real Estate i the Lethbridge and Coaldal area. HAY REALTY (LETHBRIDGE) LTD. COLLEGE MALL PHONE 327-7077 an Hyd 8 '91 97.50 99.50 ask '90 105.00 107.00 fid 9'A% '90 107.00 109.00 GT 8 '74 101.00 103.00 Vlan Tel 8 '74 101.00 103.00 INDUSTRIALS '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 10.00 '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 '90 105.00 107.00 '80 104.00 106.00 '90 105.00 107.00 '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] Uta G T '90 141.00 144.00 Gas 5Vi7o Dynasty 7 Wdands loir Rain 7V4% 'r Cdn P 5 VC Tr C 5V4% VC Trans 89 90.00 92.00 82 102.00 108.00 97.00 99.0 88 84.50 8650 89 111.00 113.00 97.50 93.50 91 123.00 126.00 'Comittee of 20' WASHINGTON (Reuler) The 120 governors of the Inter- national Monetary Fund have voted in favor of establishing a 'committee of 20" to negotiate vorld financial reform in ormed 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 o: Ten richest Western nation which negotiated last Decem ber's currency revaluations. Profit reports spur gains By PETER U5ICIINITZ Canadian Press Staff Writer A flood of improved first-half 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 nany Issues as companies re- jorting 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, told the International Congress of Pharmacology in its final session Friday that aspirin and its close chemical relatives inhibit the body's production 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 cell hi 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 halting stubborn wounds. Rudy Vallee listened to song that's ended NEW YORK (Reuters) Thirty-nine years ago Friday, a Western Union operator named Lucille Lipps called Rudy Vallee on his 32nd birth- day and sang Happy Birthday OFFICE SPACE FOR RENT Suitable For Medical Offices AVAILABLE AUGUST 1st Applv: Pahulje Construction Lid. 2618 S. Parkside Drive Phone 327-6747 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 declto ing demand, Western Union has announced it is ceasing its singing telegrams at the end of tlu's 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 26 states in the next five months. "People aren't asking for the service salt Kenneth Mau, a spokesman for Western Union. "Am we're having trouble getting operators to do the singing." CGNESTOGA MOTOR HOME 1502 2nd AVE. S. IETHBRIDGE, AITA. by McDONELL MANUFACTURING THE MOST COMPACT MOTOR HOME ON THE MARKET TODAY. 19, 22, and 24 ft. capacity Motor Homes THE smoothest riding Motor Home made today THE Home with the least noise inside while travelling THE only Motor Home available today with the riding quality of a large automobile THE Manner of construction of the 22 ft. capacity motor Home with recessed bumpers is the only Motor Home known today with twin gaucho beds and gaucho dinette that can be lawfully parked at a parking meter of any city THIS Motor Home has more upper cupboard and stor- age space than most other makes CALL at our factory and see for yourself, check the construction and make comparisons TRY OUR RENTAL FLAN IN EDMONTON THE HOTEL WITH MORE TO OFFER AND WE NOW HAVI COLORED TV For Your Convenient; In Making Reservations CALL AND ASK FOR LONG DISTANCE ZEnith 0-7255 at no cost to you ce of the year for many com- anies also pushed prices up in any sectors of the market. At Toronto, the industrial dejt, a prime indicator of mar- et trends, climbed 2.87 points, e best one-week advance in a onth, to close at 204.41. n Wall Street, issues edged actionally higher erasing osses suffered during the pro- ous week. EGISTEB GAINS Canadian markets registered oad gains during the first iree sessions. A mild round of ofit-taking Thursday resulted some losses, but another rong performance Friday re- ared most of the advance. On the Montreal and Cana- ian stock markets, the compos- index rose 1.63 points during IVIERA MOTOR HOTEL 5359 Calgary Trail Edmonton, Alberta Phono: (403) 434-3431 Telex: 037-2510 had feared and some bargain- buying of issues which had been over-sold during this sector's lengthly decline was evident. The base metal 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 west- ern oil index of the Toronto market closed at 235.06, up 1.34 points during the week. e week, closing Friday at 1.22. Combined volume on the two was 5.37 million lares, compared with 5.67 rail- on last week. Trading was moderate tiroughout the week on the To- onto market with a total of .36 million shares changing lands, up from 8.5 million a eek earlier. Some of the best advances ere scored by gold issues as price of gold on interna- onal bullion markets once gain rose to record highs. Fri- ay, bullion traded at U.S.) a fine ounce on the Lon- on market, its best level ever. ISSUES STRONG The higher prices, coupled nth improved earnings for ome Canadian gold producers, esulted in strong gains for gold ssues on Canadian markets. The gold index at Toronto oared 10.57 points during the week, closing Friday at 222.28. At New York, the Dow Jones ndustrial average of 30 blue- hip issues rose 5.65 points dur- ing the week, closing at 926.10. Combined volume on the two exchanges was 76.23 million hares, down slightly from the 6.93 million traded a week ear- ier. Base metal issues made frac- ional gains in light trading, toe analyst said first-half earn- ngs by some mining companies were not as bad as investors Coal pipeline route okayed PENTICTON, B.C. (CP) The 490-mile route for a pro- posed million coal pipeline through southern British Col- umbia 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 loberts Baaik j of Vancouver. Shelpac Research and Devel- opment Ltd. is currently work- ng on the pipeline plan. Cascade is a subsidiary of Canadian Pacific while Sheipac was established by Shell Can- ada Ltd. and Canadian Pacific ;o do research and development of solids pipelining. Construction is expected to take two years. Feed grains, seeds cut OTTAWA (CP) Canadian farmers have planted an esti- mated 23.1 million acres in wheat this year, about 10 per cent more Uian the 1971 total of 19.4 million acres, says Statis- tics Canada. But Statistics Canada also re- ported Friday that estimates ot i, ripeseed, barley asd oate 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 Sta- tistics Canada, indicate acreage No payoffs VANCOUVER Tom Campbell said an investi- gation has shown there was no substance to an allegation made July 13 that senior mem- bers of the city's police force were taking payoffs. The charge was made during a television interview in which an unidentified self-proclaim-, ed uiusiuuiv cpoke an inter- viewer on the CHAN-TV pro- gram News hour. seeded to barley has declined to 125 million, a drop of 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 while flax seedings have REFUSE TO EAT PRINCE GEORGE, B C. (CP) About 45 of the 173 inmates at the Prince George Correctional Institute are re- fusing to eat certain meals in a protest over the quality of the food, prison officials said. Steel workers OK contract HAMILTON (CP) Employ- ees 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 rath the com- pany. Although' the leadership of the United Steelworkers of Amer- ica, Local 1005, urged the union members to accept man- agement's offer, Hamilton plant stewards had turned down the agreement at a pre-vote meet- ing Thursday. The plant stewards also re- jected a settlement supported by the union negotiating team in 1969 when the last contract was negotiated. That time their op- position set (hn stage for rejec- tion of the agreement by the membership and an 81-day strike. DEPARTMENT MANAGERESS Required by local firm to take control of o large China and Giftware 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 to employment, age, martial status, etc. to Box 68, Lethbridge Herald. All replies strictly confidential. dropped to !.4 million from 2 million acres. Oat acreage slid to 7.2 million acres from last year's estimata of 8.1 million acres. Rye esti- mates were down 34 per cent to acres from the 1971 total of 1.1 million acres. But a record of has been sewn to soybeans, up from in 1971. Last figure was also a record. Acreage set aside for mim- merfallow is up to 29 million from 26.2 million last year. H. H. Smith Ltd, Customs Broker I it-ETHBRlDSI KWGSOATE 328-OUI V'u MUTTJ Phtm. 344-382} ROYAL BANK AGRICULTURIST Applications are invited for a position as a member of professional staff of our Agricultural Department. The suc- cessful candidate will participate in furthering the develop- ment and operation of the bank's services to tha agricultural industry in Alberta. QUALIFICATIONS Consideration will be given 1o opplicants who have com- pleted a bachelor's or Masters Degree in Agricultural Eco- nomics. Several years related or financial experience would be a definite advantage and the individual should enjoy working with the public. SALARY Fully commensurate with qualifications and experience. interested please submit complete resume in confidence toi B. K. Wershler Employment Officer P- O. Bag Service 2534 Calgary, Alberta By Sidney L. Bobbins DUTCH TREAT 1 Diminishes' 7 Beam 12 Stupor 16Won'twork Without a ;'.'ike 21 One versed in law 22 Msrtml component 23 Judah'sson 24 Grand or comic----- 25 State of fundamental- ist sect 27 Sect led by M.Simonj 29 Nice season 30 She Fr 31 Study hard 33 Firearm! 34 Soak 35 Current events 37 Newspaper 39 Brain tissue 40 Land tip on Bering Strait 42 Raised 15 Eat 47 Nasty lock I-----stock 2 Strike: obi. 3 Man of rhetoric A Sardine holder 5 Being 6 Slender- pointed 7-----or leav( it 8 State- abbr 9 Trangress 10 Oust 11 Raised 48 Teem 51 Concorde, eg., ebbr. 53Ferberor F.l.tlay 55 Roman emperor 59-----offering BO Cut off 63 Extra 64 California fort 65 Obligated 67 Last long 68 Corrida crv 71 Ricochet 72 Crystalline substancs 74 Hot and bothered the tele- phone" 79 Religious body abbr. 80 Agony 82 Key group 83 Mark of quality 85 Assistarn 86 Beam 87 French lily 88 Bird's loweruw ACROSS 89 Amish center 92 In a faulty 95 Least possiblt 98 Ampersand 95 Perhaps 100 Seat of tha sixth sense 102 Widgeon 105 Can. prqv. 106 Famed commuter line abbr 107 S African fox 109 Branl parrot 110 Swedish island 112 Given "what for" 116 Former Barbary state 118 Recompense 120 Obi 121 At center point 122 Stinging insect 125 Doctrine! 127 Youth'i forte 130 Promise breaker! (34 Jewels Onion Goddess of youth 141 Nigerian 142 Auricular ,143 Put your heart 144 Passage of 146 Person of habit 147 and 150 Amish on lift 154Scottiih town 155 Arthurian lady 156 Coal tsr product 157 Hole scrpper 158 Moslem titles var 159 Gal Friday, ebbr. 160 Used up 161 Reason DOWN 12----in 13 Two halves 14 Animal disease 15 Yesrly 16 Brutes 17 Bee ccmb 18 Tropical fish 19 Boring pprion s! 20 Speed 26 Solittorj' 28 Beginning 32 Estrange 36 Avoid 38 Hardy girl 41 Las Vegas game 43 Wise 44 Military award: abbr. 46 Business abbr 48 All round 49 Pack dor-key 50 Arrmh ideals 52 Dragged 54 Coral islands, 56 Founder of Amish 57 58 kingdom 60 Depression 61 Apple cider gal t 62 Approach 66 Apple 69 Lsriy known as 70 Opponent Diagramless IS x 19, by Anthony Morse ACROSS 1En, 4----vous 9 Remains 14 Opposite 15 ftabbla 16 Forbidden1 17 Have trouble IB Capek idea1 19 Alaskan 20 Degree ol concern 23 Conjunction 24 On firs' 25 Olio 30 Recording device 33 Mapped out 36 Fixed procedurs 37 Electrical unit 33 Actress Joan p Netherlandl 40 Beat 41 Tarun 42 Garland 43 Court 44 Outfit 45 Foil m Southwest Arabia 47 Taking memory of dwellings 51 ExwmivB 52 Egyptian maid 63 Beak 54 Hit on head 55 Rehgioui dress V 57 Samnan porl 59 Article 62 Setae 64 Theater sign 65 Gffatly impressed 66 Footwear 67 Pintails 53 Theater location 69 Tennis term var. 70 si. 71 Fill up 73 Kind of acid 75 Startle 76 Custom 77 Pit 78 Ardor 81 Cheese 84 Clay, Baba ei al 8G Tucks under chm again 72 Put felonies to music 79 80 Webs 81 Siv'e 82 Mowgli'i ttOlt 83 With 84 Siamese 85 Caucasian 86 Signs winter 87 Gram DOWN 1 Back 2 Flying 3 Touched chapeaux Hallucina- tory drug 89 Travail 90 Like an old woman 91 Nautical ch3.n 32 Followers of 56 A 93Chieis Hind. 4 Proiecuv! garment 5 Teacher, (or short S Chief crop in India 7 Collar 8 Paid up 9 Begin lOYain 11 Ribicoff 12 Two world problems 94 Legal term 95 Greek priest 96 Bird's nest 97 Smallest 101 Water Fr. 104 Related 106 Not so flighty T08 Collar 111 Cavalrymen 21 Comfort 22 Norse goddess 5G Noun endmtj 77 Gravestones 28 Wife of Menelauj 29 Rel. 30 Fruit 31 High note 32 Plaything 33 Mild cigar 34-----poiiot 113 BurmesB 114 Executed 115 Portaininf to a type of poem J17 Morse qoddess 119 Brcauseot 122 Dives 12-1 Triads 33 Nonsense 40 Battled 41 Short throws 43 Came f.rst 44 Inspct 46 Newcomer 47 Duplicated 48 Italian river 126 Lays loiv 128 Intersect, ing Ims 129 Slam 130 Gam and Hay worth 131 Black 132 Nobody 135 Porch irl 49 Flag 50 Entities 51 54 Shot 5G Drink 57 Tool 58 Pastry 59 Felon taking sncond rap 60 Leadership 61 Dutch communa G3 Monkey 64 Royal etomami 133 As a friend, [n Pant 139 Cruet 140 Ing rest 145 Adrift 148-----sack 143 NYC area 151 Chem.suff, 152-----Yutang 153 Q'War 65 Winged 67 Offsprinj 70 Weight 71 Heaps 73 Seafood delicacies 74-----of Augui. obs. word 75 Ardor 76 To bp- Fr. 77 Passed on 78 Rim 79 Portuguett saint CRYPTOGRAMS .SOLUTIONS OF (1. H M F HZFSYE STICK NINKNMF UMATB iDMOMEC TK DYE NKNMF MONEY UMAYEFZZ By Myrtle Cushmin 2. SVNAV XVWYY XHXJWL XHXJw" SVNAV XSJ XJJXYWL XJ XJJX LJ? By Milt Hammer 3. ONDBY DBNONEBN EB DAMESBOND MDIASBO BSB NIOYO OY MDBYQNSB By Norton Rhoadei last Cryptogams 1. WI for Good old children's chant, bid for big fat dad. 2. A word to the wise: Crossword addict s don't care loheur cross words, no-howl 3. Dieter's usunl dilemma: How to keep spiiils up while keeping weight down. (E) 1972 by ChlcaRoTnbnnc-N.Y. News Synd.lnfc, World RlfihU Reserved ;