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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - March 6, 1971, Lethbridge, Alberta Saturdoy, March 6, 1971 - THE LETHBRIDOI HlltALO - XI Chargex is coming to Alberta Business Talk liiiiiiiiiiiiii............................. "DEMiEMBiEIR the days when a person only had to cairy a waUet in his pocket to hold cash, some change, a few stamps and family pictures? Lo(dced at your pockets lately? Who's got any room for pdc-tures? Who's got any room for a wallet? Nowadays it seems, tLere's room only for cards, bills and perhaps a few pieces of negotiable paper. A check of my "oaird wallet" showB three department store plates, two gasoline credit cards, a press card, a club membership card, an identification card, AMA membership card, pink car insurance card, driver's licence, car registration certificate, change of ad-dr^ certificates, social insurance card, birth certificate card, cash discount card, Alberta Health Care card, and an Alberta BItie Gross Plan card. There's no room for business cards. My desk drawer at home has numerous other cards. It never seems to fail that when you need a card, that's where it is -at home in the desk drawer. Then there are the times when you're standing at a counter with a mess of cards and certificates spread all over the place while the lineup behind you grows, and you mutter to yourself, the cashier or clerk and anyone else listening: "I know it's here somewhere ... or is it home hi the drawer?" The small list of cards mentioned here is nothing to what some people carry.  *  Now there is a new card coming into Lethbridge and district. If it's as good as the sponsors say, it may help reduce the number of credit plates in one's pocket. Chargex is a scheme ^nsor-ed by the Bank Canadian National, Canadian Imperial Bank of Commerce, Royal Bank and Toronto Dominion Bank. �   A Chwgex card alows the holder to make purchases at all Chargex stores ttexmghout Can- H. H. Smith Ltd. Customs Broker EDMONTON t I ( f cCALttARV ~ 283�H0I \tETHBRlOGB COBTTI PhMit 344-3822 ada. The card can be used for charging or budgeting. Instead of receiving bills from numerous stores and making payments to them all, the cardholder simply makes one payment or monthly payments to Chargex. When the cardholder receives his bill from CSiargex, he mav pay it off within 25 days o� the billing date at no cost. If he decides to budget his purchases, he is charged interest at the rate of 1% per cent a month. If he decides to budget, his first payment is equal to 10 per cent of his bill. Subsequent payments are also equal to 10 per cent of the monthly balance. Minimum monthly payments are $10.   * If a person makes several purchases at Chargex merchants totalling $90, the first payment would be $10. The second month he would also pay $10 and keep that payment up until the account is paid. Say the cardholder makes $90 hi purchases for the first billing. Initial payment would be $10, leaving a balance of $80 plus interest. Then, before the second billing, the cardholder adds another $60 in purc>ises. The new balance owing would be $140 plus interest. The payment would then rise to $14 in the second month and about $12 the followinig month. As the monthly balance decreases, so does the payment. If purchases increase, so does the minimum payment.    Persons desiring a Chargex card apply at one of the banlcs mentioned. The amount a person may purchase on the card is set at $300, $500 or $1,000. Purchases may be made on the card through any of the merchants in Canada bearing the Chargex sign. If a purchase price exceeds a floor limit (they vary from business to business but average about $50), the merchant phones Vancouver, using a Zenith toll free number, to ascertain if the account is in order and the purchase item within the value limit of the card. A computer returns the answer in seconds.    It costs a merchant $25 to join Chargex plus $1 a month rent for a card plate machine which imprints a customer's name and number on a bill. Chargex provides all station-ety free of charge to the merchants. Bills are generally in triplicate with one copy for the merchant, one for the customer and one for the local bank with which the merchant deals. Chargex is responsible for billing the customer and collecting the account. The merchant is guaranteed payment in full for the sah as soon as MOBILE HOME DEALERSHIP AVAILABLE Progressive manufacturer is interested in interviewing prospective dealers for a new line of homes. Interested parties please reply In confidence giving full particulars to: 5115 CROWCHILD TR. S.W. CALGARY 10, ALBERTA NOTE: Telephone Calls Net Accepted THE CATHOLIC SCHOOL DISTRICTS OF GRANDE PRAIRIE, VALLEYVIEW, SEXSMITH AND BEAVERLODGE INVITE APPLICATIONS FOR THE POSITION OF SUPERINTENDENT OF SCHOOLS 7 SCHOOLS 70 TEACHERS 1600 STUDENTS Applicants should havoi (a) o valid Alberta Teocliing Certificate; (b) five years'leaching experience in Alberta or in a school system of equivalent standard; (c) a degree fronri a university in Alberta or from a university of equivalent standard; (d) have pursued one year's graduate study In o field ac-eeptibie to the Minister either at a university in Alberta or at a university of equivalent standard. APPLICATIONS IN WRITING, GIVING DETAILS OF QUALIFICATONS, EXPERENCE, AND EXPECTED SALARY, TO BE SUBMITTED BY MARCH 12, 1971, TO MR. JOSEPH DOCHERTY SUPERINTENDENT OF SCHOOLS ROOM 205, 10118 RICHMOND AVENUE GRANDE PRAIRIE, ALBERTA JIM MAYBIE he deposits the bills with Ms The merchant has no worries about trying to collect bad accounts, no billing problems, little accounting as far as Chargex customers are concerned and he has payment in full for his product or service, freeing capital for replemshing inventory or reinvestment. For this sei-vice the mercHatt pays Ohai^ex a percentage of the day's sales -> as hd^ as six per cent and averaging about four per cent. The percentage charged for the service is based on volume of sales and the value of sales. The service charge is deducted when the merchant gives the Chargex bills to his bank and the balance is deposited to the merchant's account. The Chargex plan is in operation in Ontario, Quebec and British Columbia. Mairch 22 it goes into effect in Alberta. It is being extended to Saskatchewan and Manitoba. The plan now has more than three million car^olders and 38,000 participating businesses induding national department stores, airlines, some major oil companies, other national stores and many in d i v i d u a 1 businesses. Chargex cards are totally Interchangeable, in both purchasing and selling situations, with many foreign bank charge cards includmg the U.S. Bank-Americard, British Barclaycard and Japanese Sumitomo card. This international interchange network has more than 33.5 million cardholders and 750,000 merchants in 50 U.S. states and 65 countries in South America, Africa, Europe, the Far East and Canada. W. John Pritchard, manager of the Alberta office of Chargex in Calgary, says Uiat even if all merchants in Lethbridge joined Chargex, there should be no increase in the price of products and service because the Chargex plan does not increase a merchants costs. He maintains that increased sales more than compensate the merchant for the service charge. Elimination of uncoUectable and bad accoimts is another savings for the merchant. If Chargex will reduce the number of cards in my pocket, I'll apply for one. New skyscraper for Calgary CALGARY (OP) - Construe tion on the city's tallest buUd ing, with the exception of the Husky Tower, has started with a completion date of late 1972 for the $6.9 million residential-commercial structure. At 382 feet, the 38 - Storey building wiU include 28 floors of apartment imits, three levels of office space, a recreation floor and five levels of above-ground parking. It will be well short of the Husky Tower's height of 626 IN EDMONTON Stay At The RIVIERA THE HOTEL WITH MORE TO OFFER For your convenience in making reservations Call Long Distance and ark for ZEnith 0-7255 At no cost to you! IVIERA MOTOR HOTEL 5359 Calgary Trail Edmonton, Alberta Phone: (403) 434-3431 Telex: 037-2610 iiliilliii iii^^Mii New airline rates. into effect OTTAWA (OP) - A new domestic rate structure that in'-creases Canadian passenger rates for Air Canada and OP Air goes into effect today. The two companies filed notice of ttie rate increase with the Canadian transport commission a month ago. As the commission has not intervened the fanes automatically become effective today. When the airline filed notice of the increases, they said world-wide inflation and rising costs have had an adverse effect on the aviation industry. They said they plan to file for increased freight and express rates soon. Under the new rates, the price of each economy-class ticket will increase $2 plus one-tenth of a cent a mile. On some short-haul routes the increase will be limited to $2. There will be additional increases on some flights between more than two points but the $5 stopover charge will be dropped, compensating to some extent for the increase. Youth standby and senior citizen fares will rise to 66.2 per cent of the normal economy rate from 60 per cent. There will also be an increase in the charge made for each piece of luggage carried in excess of the free baggage allowance. Big bakery shuts down operation VANCOUVER (CP)-'McGa-vin ToaistMaster Ltd., said Friday that Is Vancouver bakery, closed since Monday by a labor dispute, will not be re^)pened because it is losing money. About 280 persons were employed in the plant. Allan M. McGavin, company president, said in a prepared statement that the business impact caused by the dispute "has made it economically impossible" for the company to reopen the Vancouver plant. He said the company will do its best to relocate as many employees as possible and meet its obligations. About 90 members of the Bakery and Confectionery Workers'' Union walked out when the company dedded to supply the Okanagan market with rolls made in its Oalgary plant. The company said tiie decision to shift the supply from Vancouver was based on economic factors. McGavin ToastMaster has 10 other plants, including plants in Nanaimo and Kelowna and eight on the Prairies, employing about 1,100 persons. HORSES REPLACED Horses were replaced by automobiles in the White House stables in 1909 when President William Howard Taft bought a White steamer, a B^er electric and two Fierce-Arrows. Industrials are miglity By ART JOHNSON Canadian Press Staff Writer Industrial issues continued to move higher on Canadian stock markets this week, but western oils edged a share lower. At the Toronto Stock Exchange, the industrial Index, a key indicator of market activity, climbed 1.73 points to 179.12. The exchange's western-oil index faltered .79 of a point to 207.52. It was only tiie tiiird week of 1971 that he oils group showed a decline on the week. Analysts suggested that some speculative interest in oils was cooled by a statement Issued early in the week by Panarctic Oils Ltd. Panarctic, a consorthim of government and private companies formed to explore for oil in the Arctic, dismissed rumors of Turner Valley contract let EDMONTON (CP) - The awarding of two highway improvement contracts was announced today by Highways Minister Gordon Taylor. M. E. L. Paving Ltd. of Red Deer was awarded a $148,457 contract for asphaltic concrete paving of Highway 22 for 14 miles from south of Priddis Comer to Turner Valley in southwestern Alberta. R. R. Sales Construction Co Ltd. of Edmonton was awarded a $40,292 contract for the crushing and stockpiling of gravel for seal coating of Highway 16 from east of Elk Island Park entrance, 20 miles east of Edmonton, to east of Mundare. BOOK RECORD A record number of books- 450 million copies-were bought by Muscovites dumg the last five-year plan, tiie Soviet news agency Tass reports. a major oil find on King Christian Island. A PanarcUc gas well fire there was extinguished last month. Speculation about oil hi the Arctic has been a key factor in the strong upward movement of the western-oils group. The Toronto exchange's western oil hidex has shot consistently upward since June of last year. AVERAGE, VOLUME UP ... Wall Street climbed during the week. The Dow Jones average of 30 industrial issues rose 19.17 points to 898.00 The New York Stock Exchange's volume increased to 84.35 million shares, up about five million over last week. The New York mai-ket posted its biggest gain of the week Thursday when the Dow Jones average rose by almost nine pohitj, its largest advance stnea Feb. 1. At the Montreal and Canadian exchanges, the compoeit* fades was up 2.04 to 176.53. Toronto's biggest gain during the week also came Thursday, when the industrial Index climbed more than a point. Ttm advance was the largest �inc� Jan. 8. Volume at Toronto was 11.01 million shares, down from 11.96 million last week. On index, golds dropped .90 to 182.40 and base metals 1.35 to 91.04. The Montreal and Canadian exchanges' combined volunit was 6.23 million shares, down from 6.^ million last week. Gains outnumbered losses 188 to 174 with 112 issues unchanged. Bond prices Supplied by Doherty Roadhouse and McChialg Bros. COVERNMINT Of CANADA BONDS GOVERNMENT OF CANADA eUARANTEED BONDS Con. Nat. Rhry. 6 % Apr. 1, 41/4% Sept. 1, 5%% Oct. 1, 8 % Jul. 1, 4^% Sept. 1, Perp. 3 % Sep 6%% Apr. 1, 71/4% Jul. 1, 51/4% Sep. 1, Bid Atktd '71 100.00 72 92.10 '75 99.50 '78 108.75 '83 82.25 , 15 41.00 '75 103.10 '75 106.00 '92 86.00 99.20 99.75 109.25 82.50 45.00 103.25 106.50 87.00 PROVINCrAl Alberta 8^/4% Ontario 7 % Ont Hyd 9 % N Bruns 9%% Nfld. 8 % N. S. 6%% Quebec 7%% Alberta i7s% Man Hyd 8 % Sask 8%% Nfld 9%% '90 106 '88 95, '94 109 90 108. '74 100 92 85 �74 99 90 108 91 101 90 107 90 105 .50 108.50 .00 97.00 .00 111.00 00 .00 i.OO 87.00 .00 ,00 .50 102.50 .00 109.00 00 AGT 8 % 74 102.00 Man Tel 8 % '74 102.00 INDUSTRlAi Alta G T 9y4% go 103.00 105.00 Alcan 9%% gi 104.00 106.00 B.C. For 9y4% '92 101.00 103.00 B.C. Tel 9%% '90 104.00 106.00 BeU Tel 9%% '79 104.00 106.00 Bel Tel 9%% '93 106.00 108.00 OPR 8%% '89 104.00 106.00 CP Sec 9%% '90 101.00 103.00 CJdn Util 9%% '91 102.00 106.00 CMHC 9%% '90 103.00 106.00 Gulf Oil 8%% '90 103.00 105.00 Inter Prov 9%% '90 105.00 107.00 Massey 9%% '80 102.00 104.00 Noranda 9'/4% '90 103.00 105.00 Int Nick 9y4% '90 105.00 107.00 N and C G m% '91 102.00 104.00 Steel Cdn 9y4% '90 105.00 107.00 Tr Cdn P 9%% '90 103.00 105.00 Tr Cdn P 10% '90 105.00 107.00 CONVERTIBLES Alta G T 7%% '90 121.00 la.OO Cons Gas 5%% '89 93.00 95.00 Scur Rain 7y4% '88 95.00 97.00 Tr C P 5 % '89 88.00 90.00 WC Tr C 5%% '88 88.00 WC Tr 7%% '91 111.50 112.50 Dynasty 7 % '82 55.00 65.00 Acklands 7Vt% '88 77.00 82.00 Crossword - Eii�bethTnck potpourri ACROSS 1 Stltr at -. 7.Klnd of stop. 14 Small crawt. 21 Photographer's term. 22 Chinese fruit. 23 Overthrow, 24 Ship's load, 25 Steadfast. 26 Beverage Item. 27Wool: comb. . form. 28 Exclamation. 30 Top. 31 Eject. 33 Harden. 34 Tomes: abbr. as Besides, 36 Cabinet .post: abbr. S7Moon crater. 38 Exceedingly. 39 Alfonso'* queen. 40 Sit. 42 Teacher: Hindu. 43 Herb. 1 Sturdy as 2 Rolls: Scot, 3 All: comb, form. 4 Arab cloak. E Rules. 6 Lees. 7 Time periods: abbr.' 8 Warrens.  Turkish inn. 10 Brave's, helpmate. 11 Chinese tree, 12 Resin: Fr. 13 Early English king. 14 Enter a harbor. 45 Amphl. bians: colioq. 49 Moilusk genus. 50 Braces. 54 Turkish regiment, 55 Noun suffixes. 66 Well-known puppeteer. 67 Astronaut's vehicle. 69 Convalescent'* retreat, 61 Thickset. 62Alasl 63 Japanesa pagoda. 64 French masculine name, 65 Dependable. 66 Trickery. 67 MeGraw'f protege. 68 Foils. 69 By -! 70 Grieve, 71 Vehicles for Martians? 72 Home: abbr. 73 Hoes, rakes, etc. 75 Blaster's Item, 76 Golf pegs. 78 Wine measures: var. 79 Wear down. 80 Hidden. 83 Little Henry. 84 Pigtail. 85 Scantllnes. 86 - Wood, France, 87 Japanese outcast, 88 Employs. 89 Fail guy. 90 Renewed action. 91 Light-bulb size. 93 HushI 94 Flunk, 95 Marquis de -. 96 Williams and Griffith. 97 Rotates. 98 insomniac's look. DOWN 15 Kind of garage. 16"-- Girl" on TV. 17 Mischief: colloq, 18Storm: Fr. 19 Canadian physician. 20 Grace, before Monaco, 21 Energy unit: abbr. 29 Obeisance. 32Viilage near 86-A. 35 Some. 37 Like a contented kitten. 38 Toward: Fr. 39 Brief statements. 41 Sullivan, etal. 42 Association. 44 Raised. 45 Stud. 46 Sweet-scented, 47 Grazing ground. 48 "The treat'! 49 Puppets. 61 Secluded. 52 Socrates' protege, 53 Chalr,s. 56 Projection. �7 Scorches. 100 lee; Ger. 102 Delay. 103 Ilk. 104 Ink er Illy. 105 Umps. 108 Old Mae- Donald had llOCertlfleate parts: abbr. Ill Old English letters, 113 Road sign. 116 Filipino. 117 German sausage. 118 Lath. 119lnlet. 120 Box. 121 Asservate. 123 Indian officer. 126 Out-v 128 Lesa ripe. 129 Vespucci'a first name> 130 Infers. 131 Dub. 132 Polished again, as a car. 133 Apocryphal book: 0,T. 68 Egyptian god: var, 60 Haunches. 61 Wall Street Item*. 62 At-. 65 No -t 66 Alimentt. 69 Roman deity. 70 Blue. 71 Open. 73 Welcome. 74 Reliance. 75 Describing some tale*. 76 Greek letter. 77 Consumed. 78 Expel. 80 Wrappings. 81 - cologne. 21. 2� �5 St 59 et 68 �6 72 76 77 8? 87 91 96 105 ue la 131 1061107 82 Gulled. 84 Seemingly. 85 Peter, Paul or Mary. 86 Seethe. 89 Jewish holiday. 90 Waver. 92 Letter*. 93 Canner** Item. 94 Pro, 97 Twos, to � Scot. 98 Behan play: 105 Mountain "The -." 99 Existed. 101 Elongated fish. 103 Flower *pike. range. 106 Forever: poet. 107 Jeweler's term. 110 Barton. 112 Vacuum tube. 113 Star, 114 Fabrics. 115 Spheres. 109 Brother: Fr. 117 Poverty. 118 Merganser. 120 Aspersion. 122 Flower necklace. 124 Dutch unctSk 125 Bar. 127 Supplemont, Diagramless. 21X19, By Anthony Morse ACROSS 1 Nave. 25 Open cloth. 4 Indian, 26 Vacation spot, 7 Squash. 29 Lucre, 11 Old English 30 Musical money. abbreviation. 12 Draw. 31 Corn holder. 13 Swedish .32 Monk, province. 33 Heroic Verse. 14St. Thomas 37 Respondedr for one. 39 Extra 17 Island off dividend. Asia Minor. 41 Hair. 21 Road cover. 42 Feather. 22 Practical. 43 Primitive 23 French wing. missile. 24 Wild turkey. 44 Sober. 45 Outings foP reiigiou* groups. 61 Hair style. 62 Onionlike plant. 63 Smooth. 64 Tel -. 65 City on the Seine. 67 Black Hand. 60 Numerical prefiKi 61 Dutch eommune. 62 Fossil. 63 Kin: abbr. 64 Refreshment center. 66 Fancy garb. 69 Network. 70 Pet.  71 Numerical suffix. 72 Power source. 73 Inlet. 74 "Clothes" man. 75 Preaknese winner: '53. 78 Voice part. 79 Ivy leaguer* 80 Japanese song. 81 Drudge. 82 Err. S3 Monkey, DOWN 1 Opponent of Washington. 2 Swiss canton. 3 Dwarf. 4 Measure. 5 Tire filler. 6 Azure. 7 Series of outdoor ' concerts. 8 Soap plant 9 Dry. 10 Cover. 15 Pound. 16 Command Latin abbre* . vlation. 17 Argentine river town. 18 Border. 19 Opt, 20 Pied-a-^ 24 Chatter. 26 Easter recess. 27 Reverses a position. 28 Spanish hero. 29 For. 32 Pentagon booboo. 34 National objective. 35 Revolutionary name. 36 Pathetic 38 Islet. 39 Cow talk, 40 Wing. 42-Wars. 43 Florida "Tower" man. 44 Gins. 45 Put by. 46 Twist. 47 Letter. 48 Fowl. 49 Equal: pref. 60 Tide. 61 No good. 55 Arbiters. 56 Shelley opus, ^7 Small pad. 68 Inner sanctums, 69 Paragon, 62 Waterless. 65 Russian Inland sea, 66 Affliction. 67 Oriental computer. 68 Indian. 69 Slogan. 70 Thinlctanth 72 Man. 74 True: Fp. 75 Pile. 76 6th century date. 77 Greek letter. CRYPTOGRAMS JSOlimONS OF WST STEEK'S TVm.TS BaaD oniaD nilElDIlClD DDBDil aaaiaii qdddqob -niaiiaEiio qdbo aDBO BOGiiiB emu pncEE SaaEin aaaa amwa Qgogg^^ niaiiiia amam msng npnggfig kma niaa,^niia,nHHm,inBiaB aiaiEi nnii oaaci annBOD__, siiaiiiii naa eiiiiib DBiiDidiiy 'ani! Qiaauia mBBme eke^ EiniRiinniijinspg^ ddep. pBimE mamuB umiujmwijmmi l-ATTE NOW DIMUK: NPNHNPBWI VDEDWP' OINB PKMO MHPYGIWP TGIYFW KMGUENDUP' KNAWPES. - Br Barbara 3. Rngf 2.J0SEPHV RKPXVJDRLPJH EPZJ BBZJLXPHPOS: KLJHDLPKXPFOH BPHKJOHJB." - By Josepii Vener Beed 3.JXLUP PQGH. JUNGLE TCQHE GJ NXUP. -- By Henry Gclm�� Last Week's Cryptograms 1. Sign in store �window next to best-selling padded bra says, aptly: "We fix nais," Z. Nabob combed most likely markets for fine Jade - money no object. 8. To get "together," get "to get her" togetlier. 4. Uniting "now here" gets us "nowlicrc," .r Field Enlerprises, Inc. 1971 ;