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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 10, 1972, Lethbridge, Alberta Saturday, 10, 197J THE IETHBRIDGF HERAID 23 Bond prices Supplied by Dohrrty McCuaig Limited GOVERNMENT OP CANADA BONDS PROVINCIAL GOVERNMENT OF CANADA GUARANTEED BONDS iVo Sept. 1, '72 D9.00 1CO.OO Oct. July 1, '75 96.00 97.00 1, '78 104.00 105.00 RITCHIE BROS. AUCTION NOTICE Dole TUESDAY JUNE 20th 1972 at a.m. Owner J. A. MOULSON CONSTRUCTION LTD., who are retiring from the conttruclion busmen and others. Sept 1, '83 78.50 79.00 'erp 3 Sept. 15 40.00 Apr 1, '75 100.50 101.00 '75 102.00 103.00 92 82.00 83.00 Jul. 1, Sept. 1, Alberta Ontario 7 Ont Hyd 9 cw Br Nfld 8 N. S. Quebec 7Ti% Alberla WA Man Hyd 8 Sask 8W% Nfld 914% ACT 8 Man Tel 8 '90 104.00 106.00 '88 91.00 93.00 '94 107.00 109.00 '90 108.00 110.00 '74 100.00 J02.00 '92 83.00 85.00 '74 100.00 102.00 '90 105.00 107.00 '91 93.00 100.00 '00 105.CO 107.00 '90 lOfi.OO 108.00 '74 101.00 103.00 '74 101.00 103.00 Weaker trend g surprise COMPACTION: 196? Raygo Rascol Super 600 vibratory compactor sn. O3BO334; Cal DW20 Myster wheels; Hy- ster PCI double drum grid roller; Tompo 48" double drum sheepsfool; 10) 13 wheel wabblies; Cat DW10 wheel Iratlor; titlleford 108 7 ft. road broomi SCALES: Howe Richardson 10x35; Fair- banks Morse 10x32; CAMP: 1970 Atco 10x24 office bunk; (3) 1970 Atco 10x40 3 com- partment bunks. Nodwell 10 x36 6 man bunk; Tee Pee 16" travel trailer; TRUCKS: Ford 800 tandem dump; Auto- car diesel tandem Iractor; Chev. 80 Rosco distribu- tor trailer; mechanic's service truck; (5) CMC 6x6 Th Ions; 1968-71 pickups; MISCEL- LANEOUS! 6x10 tandem ma- chinery trailer; (2) Twin-omalic roll welders; W) arc welders to 500 amp.. 2, 4 and 6" pumps; tool and core trailers; Cat 30 CCU (for D9I; Col parts and tools; 54" and 40" Pioneer cruiher rolls; semi- trailer walcr tank spray bar; asphalt storage tank; aspholt pump; Pulvi-Mixer; dollys; cab tire; fire and shop bond and power equipment; parts stock ond mony more CRUSHERS: Pioneer 1536SE Primary Jow sn. 1536-SE-101, trailer mounted 1536 iaw, 100 bp electric motor and Independent drive con- veyors; Pioneer 5229EX porr- ablo roll sn. 5229EX-109 trail- er mounted Cat 353 pow- er sn. 46B1590, 5424 twin rolls and independent drive conveyors; CONVEYORS AND SCREENS: Pioneer 775HT1495 19x60; 24x50; Kolman 101 30x50 reciprocating feeder and trap; Pioneer Surge bin; Kolman 4x8 2 deck vibrating screen; Pio- neer 4x8 vibrating screen; POWER: Murphy MP-22T, 175 KW electric set sn. 23715; Murphy MP-224T power unil sn. 34288; WHEEL LOADERS; 1969 Cat 988 sn. 87A-2313; 1970 Cat 966 sn. 30K1108; Michigan 175 GM 111 artic- ulate sn. C-5AHG9-16; (2) Al- lis Chalmers T120 sn.'s 2247 and" 2250; Terex 72-40; Case 1537 uniloader; CRAWLER TRACTORS: 1969 Cat D6C sn. 102282 Turbo charger, A-dozer, D6E wincb and fair- lead; m Col D6 sn.'s 30 and 9U24954 A-doz- ers and D6N winches; Cat D8H sn. 46A6131 A-doz- er ond D89A winch; Cal D8H sn. 46A165 A-doier; IHC TD20B sn. 5614 A-dozer, Carco F50 and hyd. Gearmat- ic winch; IHC TD15B sn. BP- 7927 A-dozer, carco F50 winch; IHC TD15B sn. BP20- 366 A-dozer Carco F50 and hyd. Genrmatfc winch; IHC 151 sn. 5092 A-doz- er and Carco F winch; GRAD- ERS: Cot 14D sn. 96F1262; Cal. 14C sn. 35F446; Cat 12 sn. 8TI7813; INDUSTRIALS Alta G T Wt% '90 105.00 107.00 Mean '91 165.50 107.00 B.C. For 'M 106.00 103.00 B.C. Tel 91451 '90 106.00 103.00 Bell Tel 9Vs% '79 104.50 ICG.50 BeTJ Tel '93 107.60 109.50 CP Ltd '89 104.00 106.00 CP Sec '90 104.00 106.00 Cdn Util '91 10S.OO ICSiOO CWNG '90105.50107.50 Gulf Oil '90 103.50 105.50 Inter P P '90 105.50 107.50 Massey '80 104.60 106.50 Noranda 914% '90 105.00 107.00 Int Nickel 9V4% '90 100.50 108.50 N and C G 914% '91 106.00 168.00 St of Cdn 914% '90 103.00 107.00 Tr Cdn P '90 108.00 110.00 Tr Cdn P lor. '90 110.00 112.00 By PETER LE1CHN1TZ Canadian Press Staff Writer One of tbe worst price-batter- ing declines of the year tliis week left most major Canadian stock markets littered with is- sues trading at for the year. The decline, a result of a combination o f profit-taking, minor sell-offs and consolida- tion, appeared to take many investors and analysts by sur- prise. The price of gold on interna- tional bullion markets soared to more than (U.S.) a fine ounce during the week, more than more than the official price of (U.S.) an ounce. Analysts said a heavy industrial demand, short supply and spec- ulation that the United States may increase its official price CONVERTIBLES Alia G T Cons Gas dynasty 7 Acklanus :cur Rain Tr Cdn P S iVC Tr C WC Tr '90 144.00 148.00 '89 92.00 94.00 '82 110.00 115.00 '88 96.00 98.00 '88 84.00 86.00 '89 108.00 111.00 '83 96.00 93.00 '91 121.00 125.00 of resulted in the skyrocket- ng price. At Toronto, the gold index, alter climbing almost 13 points Tuesday and Wedne'sday, Jlunged 15 points during the [inal two sessions of the week to close Friday at 211.08, down 1.79. Observers said many investors were taking profits late in the week and withdraw- ing to the sidelines. Banking issues suffered some of tbe largest declines during the week. Analysts said the ris- ing cost of short-term money and the threat of a general in- crease in interest rates has caused some concern among investors. Several banks also re- ported tliis week that balance of revenues for the second quarter were lower than during the first three months of their fiscal year. Imitating lax laws is paradox Dividends By THE CANADIAN PRESS Beaver Lumber Co., common cents; class A 25 cents; pfd. 35 cents, all July 1, record June 9. Crush International Ltd., seven cents July 15, record June 30; Tiimblj-n, G., Ltd., common 20 cents; pfd. 50 cents, both July 3, record June 10. Ycllowknife Bear Mines Ltd., four cents June 30, record June 13. Celanese Canada Ltd., pfd. 25 cents; pfd. 43% cents, both June 30, record June 6. Cimco Ltd., class A 25 cents uly 1, record June 19. MONTREAL (CP) A Mont- real tax expert says no country has done as extensive a job on tax reform rin one fell swoop as Canada did last year." added Pliilip F. Vine- rerg, former chairman of the Canadian Tax Foundation, "ex- perience has shown that tax re- form is an evolving are so many ramifications that changes cannot be made over- night." The 57-year-old partner in the Montreal law firm of Phillips and Vineberg is rather critical of the approach sometimes taken by legislators in formulat- ing new tax systems. "Frequently, a country will imitate a lax law which is used elsewhere, even though it is being discarded by the country which originated the law be- cause it doesn't work." Mr. Vineberg is president of the newly-formed Canadian which he was chairman during 1966-67. Mr. Vineberg referred lo the B.C. Hydro sued for EDMONTON (CP) The Al- berta Appeal Court ruled here that a damage suite by Peace River, against British Columbia Hydro will be heard in Alberta. Peace River is suing B.C. Hydro for more than for damages to the town's water and sewer system allegedly caused by the W. A. C. Bennett Dam at Portage Mountain, B.C. The dam on the Peace River lowered water levels down- stream and this is claimed to have damaged the town's water systems. B.C. Hydro, represented by lawyer W. H. Hurlburt, had claimed that because the dam is in British Columbia, the case should be heard in that prov- ince. Mr. Justice W. R. Sinclair o Alberta Supreme Court ruled last December that the case should be held in Alberta, bu B.C. Hydro appealed that de- cision. The appeal court ruling quashed that. The damages sought by Peace River ask for 5 IS ,624 to cove reconstruction of its water in take, to pay for a riffle dam which protects the intake in future instances of low water levels and for rebuilding he town's water supply CARD OF MEMORIAM RALPH I would like In loving In loving memory lhatik Hie doctors, nurses of our dear cousin, a dear father and grand- staff at the Municipal "passed away June 11, Steve Sera, who passed for Ihcir excellent care little eyes are June 11, 1069, given to mo while willing hands arc beyond the sunset patient there; also to one who played so loveliness never Mends and relatives for resting at God's sits, cards and loved and missed dwells In a beautiful Hazel Sherry, Uncle Auntie Jane, Uncle Andy, Auntie Mary, the' blue and gold of IN Bemie and skies. We who have known and 1ENGYEL In loving memory of a dear son and brother, 'rank, who passed away HORVATH In loving mem-ry of a dear grandson him Whose parting brought great pain Will treasure his1 memory He meant so very much lo us That nothing we can say Can still the grief that is In our hearts As we think, of him each Alan John, who died June 11, 1967. A silent thought, a little prayer, Knowing you are in Until we meet again. remembered b y Frank, Margarette and family- 3625 Ever loved and rememberec by his mother, brother anc sister. Loved and always remembered by grandma and grandpa Uruska, H. Smith Ltd. In loving memory of a dear son and brother, Aunlie Rosie anc! family. Broker who passed away June 11, The dear In loving missing of a dear grandson Alan, who 0 I June 11, I In memory, certain smile, a e'er With lonely, certain someone none ft CALGARY TL ing, c m p today as we And tears 328-8U1 never God would have many years loved and remembered by dad and mother, and grandpa 34M82J Cathy and Aunlie Ethel, and the children. controversial foreign accrual property income portion of. Can- ada's new tax system as an ex- ample of copying another coun- try's legislation. "Hie United States has had a provision similar to this for sev- eral years, but is thinking of dropping he said. The tax provision was to have come into effect Jan. 1, 1973, but implementation was post- poned for two years as a result of problems it would create. Because this particular por- tion of legislation is based or "an notion of constitutes passive and active said Mr. Vineberg, the provision makes Canada a "most unattractive base fo multi-national companies.' system. branch of the International Fis- DIRECTOR Award contract CALGARY (CP) A mi lion contract for construction c a six-storey remand centre wa awarded here to Can a Con struction Co. Ltd. The building is lo be coin pleted by the start of 1974 an is to contain eight courtroom and accommodations for 1 prisoners. The centre would be maxi mum security with prisoue awaiting trial being held on t top two floors. A dormito would hold 85 prisoners and i dividual cells 60. MEDICAL RESEARCH FOUNDATION OF ALBERTA We hove been asked to recrull for ihe nbove position In Edmonton !o filled approximately July 15. The successful candidate will have proven ond successful executive ond od- TniniitrativD background, will bo malure, well educated, with good personality, ond In- quisitive nature, a genuine interest in people, good judgment ond lact. Ho should articulate in oral and written communications and an effective public speaker. Invest- ment experience could be helpful but not essential. This is on administrative posilion and does not requirs research experience or skills. Tho successful candidate li probably currently employed In the plui area. Interviews arranged In Calgary or Edmonton and replies treated in confidence if requested. Write giving employment experience and other background 1o TULK PERSONNEi OF ALBERTA LTD., PERSONNEL CONSULTANTS 904-304 8th AVE. S.W., CALGARY, T2P K2 LATE ADDITION 1969 Caterpillar 966C wheel loader sn. 30K902 Tube-lok canopy and bucket. Phone on the lite (403) 272- 6960 License hPumbers 10396 10477 10478 I Virile lor ftse Calsiagus lo 246 LAWRENCE AVE. KELOWNA, B.C. I NATIONWIDE AUCTIONEERS IN EDMONTON THE HOTEL WITH MORE TO OFFER AND WE NOW HAVE COLORED TV For Your Convenience in Making Reservation} CALL AND ASK FOR LONG DISTANCE ZEnilh 0-7255 no cost (o you IVIERA MOTOR HOTEL 5359 Calnnry Trail Edmonton, Alberta Phone: (403) 434-3431 Telex: 037-2510 CrOSSWOrd By Jonnie Lcmmo MATTER OF AGE ACROSS 6 Associalion 10 "Midnight Cowboy" character 15 Pullulate 19 Contound 20 Unusual 21 Feature of art armored tank 22 Swiss measure I "South Pacific" 48 Hitchcock (Mm 49 50 Hair care product 51 Haunts 54 Gocaie 56 Be con- tingent on 23 Feeling one's 57 Citv on trie MR. VINEBERG cal Association. The group In- cludes lawyers, accountants and corporate tax officers. NEW BODY Although the Canadian branch ot the association is new, many of its members have partici- pated in the international body's activities in recent years. The international association 'as founded at The Hague in Holland in 1B38. Its members, who come from nearly 70 coun- tries, are drawn from industry, the legal and accounting profes- sions, government and universi- ties. The international association is primarily a forum for the dis- semination of knowledge, saict Mr. Vineberg, and the Canadian branch has the same objectives. "We don't intend to he a pies- sure group. And as we will be concerned with international taxation, we won't he encroach- ing on the activities of the Ca- nadian Tax P'oundation" of EXECUTIVE HOME FOR SALE yean 27 Dm of tint 78 29 Banal 30 Containing cereaf 31 Departed 32 Instance 33 German poet 34 A consum- ing time 3fi Have It up lo here 37 VVitherPd 38 Journalist great 1 Wharton cliatacler 2 Romance 3 Swabvjorrt 4 Sloppy stau 5 Minrwwia city 6 Warship 7 Uhlan's weapon 8 Importune 9 for Lariy Peel 10 Aliercatioi 11 Mountain ndgs 12 Undeniable Swan '56 Kin lo a Lithuanian 59 Specter BOZestfut til Bloom in the 62 Nigerian city 63 Ecctesiaiti- cal vestment W Quadra- (jcsirna 65 covering 66 Foster song 70 Broadway musical 73 Symbol of purity 74 Awaken 75 Paier- familiai T8 Reflected ?9 Echinateri 81 Bedfam 82 VJheistona S3 Having prongs 84 "Oor 85 Attractive- 86 Viovs 87 Regency IpCTil 88 Utilising 89 Rampancy 90 Forest officer 91 Having erred foolishly 96 97 Youwcrs; Lat. DOWN' 13 His: Fr. "H Resident: suff. 15 COSOJSMS 16 Pray-act 1 7 Live coal 18 Behavior 19 troda 21 Heath: et al 24 Egg-shaped 25 Shandy's creator 26 First "Mr. Chips" in the movies 32 Enclosure 33 Throw 34" Q5 "Picnic" dramatist 26 Agitatfid colloq. 37 Watersfde 38 Squalid! 39 Swerved 40 Speecnify Monad 42 Exchanged 44 Encircle 45 Conceive Excellence 47 Between: f r 48 Feller Macabre" 52 Persian tig 93 Salmagurxli 99 cusumb apple trees 102 "In-----Way." Wayne movie 104 Nuiwnca TOSFrEEbie 109 N. Dakota city 110 Vertebral column parts 11 Enyo's ton 112 Hit U 3 Nursery rhyme character. 118 French 75-A 19 Eliminator 150 O'd-timo dance 121 Have in 122 German river 123 Carried on 124 English compowr J25 Litlla- biisy 55 Grandilo- 56 Tear r.hsorber 57 Feather 59 Classy equine 50 BTitiih "boob tube' 61 Exceipied 63 Tatter 64 Beef cuts. 65 Eschews 66 Concluding part 67 Wince 68 Brook: Sp. 69 70 Quote chapter and 71 Friend along the Rio Grands 72 Platitudi- nous 75 Artifice 76 Incense- ment 77 Dikdlkor pudJ 79 Early morning 80 Puoctihoui person 81 Foot problems- Executive home on South Parkside Drive. 3000 sq. ft. of living area. boths, family room, formal dining room, wood burning fireplace, and patio, are just a few of the mony exciting features ia this fceaulifully finished home facing tha golf course. VIEW BY APPOINTMENT ONLY MIS CONTACT HUDSON AGENCIES LTD. 415 HO11DAY VILLAGE PHONE 327-5885 ANYTIME 21 x 21, by Anne Halioran ACROSS 1 Artie's stand 22 WorVw on 6 Obsolete 3 paswrxjer 57 Put out forcibly 58 European fish 59 Possesiivf pronoun 60 QuicVly 63 Regret profoundly 65 Pl 67 Particle B8 Solidify 69 Braril of cashew 70 Sti hicusptds wnier 2Snecofate 28 Morse 29 Hurt 31 Scottish, caps 32 33 In th? center 34 Beehive vehicle 10 Per milt Malayan dagger ISLubiicate 14 Pea holder 16 Elm, e.g. 17-----Stanley Gardner 19 Santa's reindeer SOLUTIONS OF 1A5T WEEK'S PUZZLES 82 Shitar 84 Prosperous times 8b "Watch On the Rhine" Oscar w inner 86 Mains city 88-----pudding 89 Ceremonious 5? Cupola 23 Actress -----A darns 24 Tickle 25 Certain drawings 27 Feminine nickname 28 Ill-bred fellovj 90 Whai'i left 9? Poetry MUE3 93 Hellion 94 Cajol- Toizi 99 Heaped 100 B. Arnold'! 101 Might 102 Part of a ship's bow 103 104 Gloai 105 Adhesive 105 Cadaverous 107 Hardhearted 108 Germ 109 Dsvidfa v: Eights 3a Shrub 43 Persian money 44 Free sn-d 45 Emmet 46 Subjoin 47 Burden 43 American publisher CRYPTOGRAMS 51 Dsoftf of a habil 52 Posed 54 Frets 55 Unit of Italian currency 61 Hog 62 Ffozen e-VNo.sy 110 Obitada 111 DecFare 112 Visitation 114 European SLJll 115 Parrot genus 11 6 8.blical king 117 Insect egg 65 Gism G'fst 71 Spider's produc: 72 Winter vehicle 73 Sweet sop 74 Mairy 76 Guido'f high ncta '77 Acou'fsd 78-----Mar l.WHOLLE FRAXJXJNACU' VACVOAYKV ICK URKCOIHTC G3H FXOEAYN C W H O L L X K ----By Esther Neville BYTM GOURMET GOURMG I.XUEORX UEORX DOUB BEU YTBMUYEU G I. O U R M E T ----By Lois Jonfil 3.BICMH RICH TUCH-SKEEMER SHE MB BMRB 10 KE KOOCAYEN YOOCAYEN. By Baibaia J. RujJ whipped Last Week's Cryptogram! 1. Oddly, little hoy lilces his strawberry rtiortcake simply loaded czeam. 2. Exotic tale contains lone sex icene. 3. The exhausted business man relaxed quietly by the moonlit abandoned ;