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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 15, 1974, Lethbridge, Alberta Saturday, 15, 1974 THE LETHBRIDGE HERALD-35 Births, Deaths, In Memoriams Cards Of Thanks Winter vacations swell payments deficit ,..._ ni and imnorts of million was up sharply advantage of the highei BIRTH PALMARCHUK Dennis and Bette are pleased to announce the arrival of their daughter Tammi Rae born June 11, 1974, 6 Ibs 9'Xi ozs Proud grandparents are Mr and Mrs Alex Palmarchuk and Mr and Mrs Hans Schawalder Insured 3821 DEATHS DEATHS BODIE Passed away at Coalddle on Saturday, June 15, 1974 Mrs Florence (Flora) Bodie at the age of 70 years beloved wife of MI Alex Bodie of Coaldale Funeral arra'ngements will be announced when completed MARTIN BROS LTD Directors Df the Funeral C9544 By BUD JORGENSEN OTTAWA (CP) Winter vacations at sunny foreign lesorts were among factors conti ibutmg to a deterioration in the balance of international payments during the first quarter of the year Statistics Canada reported that the seasonally ad- justed payments deficit during the January-March period was million The first-quarter deficit compares with a seasonally adjusted deficit of million during the fourth quarter of 1973 and a quarterly average deficit last year of million But as usual, the merchan- dise trade balance showed a surplus It was million, seasonally adjusted, which was up million from the previous quarter Merchandise exports were valued at 568 billion Spending abroad by Cana- dians on travel increased by million to million The total of service payments was 259 billion The seasonally adjusted deficit on service payments of million during the first quarter was up from million during the previous quarter and it compared with a quarterly average of million during 1973 During recent years, Canada has regularly had a surplus in merchandise trade and a deficit in the non- merchandise account VISITORS SPEND MORE Spending by foreigners in Canada also was higher Travel receipts, seasonally adjusted, totalled million, up million from the previous quarter The seasonally adjusted val- ues ol exports and imports were up by about nine per cent A large part of the gain was due to higher petroleum prices Another factor in the gain in the over-all deficit was an in- crease to million from million in official contributions for development assistance There was a net m-flow in the capital account Foreigners invested million more here during the first quarter than Canadians invested abroad The capital account surplus of million was up sharply from the surplus during the fourth quarter A major factor in the shift was a net drop of million in holdings of foreign currencies by Canadian other than individuals RATES UP Interest rates in Canada were generally higher during the period than those in the United States and Europe Canadian investors may have been converting large sums in foreign holdings back into Canadian dollars to take advantage of the higher rates Another factor was a net gam of million in foreign holdings of Canadian securities A major share ol the increase was in debt holdings and the provinces were heavy borrowers in foreign bond markets during the quarter European markets were unstable during that time and the Canadian dollar increased in value This be part of the reason lor the increase in investments in Canada LITTLE PLUME Passed away Friday, June 14, 1974 at Pmcher Creek, Pauline Little Plume of Brocket at the age of 64 years The funeral service will be held at St Paul s Roman Catholic Church Brocket on Tuesday June 18 1974 at 10 a m Rev G Fortier officiating Interment in the Brocket Cemeterv Funeral arrangements by EDEN S FUNERAL HOME LTD Pmcher Creek C9546 PALMARCHUK Alexander passed away in the city on Friday June 14, 1974 after a brief illness at the age of 83 years He was born in Bukovma in the Ukraine Oct 11 1890 He came to Canada in 1913 and has resided in Lethbridge since that time He worked in the coal mines at No GinHardievilleandNo 8 in Lethbridge retiring in 1952 He was very active in the Association of United Ukrainian Canadians and was the secretary of the Workers Benevolent Association. Lethbridge Branch continuously for over 35 years until the time of his passing He was also a member of the Miners Library His wife. Helen predeceased him in 1968 He leaves to mourn one son Alex of Lethbridge three daughteis Mrs Mike Makarenko (Helen) Mrs Fred Palmarchuk (Mary) and Mrs Wm Pnmachuk (Rose) all of Lethbridge cne brother Peter of Lethbridge and one brother Gngorv in the Ukraine eight six great grandchildien and many nephews and nieces Funeral services will be held in the Christensen Chapel on Mondav June 17 1974 at 2 00 p m Interment will follow in the family plot in the Mountain View Cemetery CHRISTENSEN SALMON FUNERAL HOME LTD Directors of Funeral Service i STADELMAN Passed away in the city on Thursday June 13 1974 following a lengthy illness, Mr John Stadelman at the age of 86 years of R R 1 Foremost beloved husband of Mrs Dora Stadelman Born and educated in Switzerland Mr Stadelman came to Canada in 1913 to a homestead at North Battleford, Saskatchewan In the spring of 1916 he moved to Warner district and in November of the same year took up his hornstead in the Foremost district where he has resided until his passing Mr and Mrs Stadelman were united in marriage December 28 1919 at Warner Mr Stadelman was a Charter Member of the Alberta Wheat Pool and a trustee of the Coulee View School during the 1920 s Besides his loving wife Mr Stadelman is survived by three sons Fred and Leo of Foremost ard Albert of Carstairs one daughter Mrs R C (Elsie) Dowd Red Deer also 10 grandchildren and 18 great grandchildren Funeral services will be conducted from the Foremost United Church on Monday June 17th 1974 at 2 00 p m with Rev Robert D Mitchell officiating Interment will follow in the family plot Foremost Cemetery Friends mav pay their respects at the church one hour prior to the service In lieu of_ flowers please donate to the f oremost United Church Fund MARTIN BROS LTD Directors of the Funeral Srevice C9543 More Deaths page 29 Public Works Canada Western Region Travaux publics Canada Region de I'Quest EXTENSION OF TIME the time for reception of tenders for id ADMINISTRATION BUILDING AGRICULiURE RE LETHBRIDGE Alberta DUE 11 A M -c> OTindl'v ooeral.on a. Iran na Resource Manaqemenl Enens .c c 513 332 PPT annum Co-ipellon -n- June 21 address Co -c c rir REHABILITATION TEAM LEADER are required IDT yior Hand woped a' f-> ine day 10 day orc-aram o' Mai o o Ca--d ds ol Technical behav.c ai ivslem combmano-i ol educ-al on and "r eiC'Drm.r'laiiy handicacoed K an awl 1D S810 "onth and uooi qualrlttalioni and CoTtx-1 June 26 For information and Application forms from: GOVERNMENT OF ALBERTA PERSONNEL ADMINISTRATION OFFICE ROOM 110% JOHN J. BOWLEN BUILDING 620-701 AVENUE S.W. CALGARY, ALBERTA T2P OY8 _ r o ;