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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - March 6, 1971, Lethbridge, Alberta Saturday, March 6, 1971 - THI LfTHMIDOl MRAL0 - ff Chargex is coming to Alberta Business Talk JIM MAYBII IJEMEMBER the days when  person only had to carry a wallet in his pocket to hold cash, some change, a few stamps and family pictures? Looked at your pockets lately? Who's got any room for pictures? Who's got any room for a wallet? Nowadays it seems, Here's room only for cards, bills and perhaps a few pieces of negotiable paper. A check of my "card wallet" shows 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 address certificates, social insurance card, birth certificate card, cash discount card, Alberta Health Care card, and an Alberta Blue 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 in 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 pocset. Chargex is a scheme sponsored by the Bank Canadian National, Canadian Imperial Bank of Commerce, Royal Bank and Toronto Dominion Bank. * * � A Chargex card alows the holder to make purchases at all Chargex stores throughout Can- H. H. Smith Ltd. Customs Broker RlNatOATt XJft loatfiWl/1^ ^-LETHBftlOGt 3214141 coins �torn 344-3S22 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 Chargex, he mav pay it off within 25 days of tbn billing date at no cost. If be decides to budget his purchases, be 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. a  * 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 in purchases for the first billing. Initial payment would be $10, leaving a balance of $90 plus interest. Then, before the second billing, the cardholder adds another $60 in purcVises. The new balance owing would be $140 plus interest. The payment would then rise to $14 in the second month and about $12 the foUowinig 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 banks 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 stationery 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 col lecting the account. The merchant is guaranteed payment in full for the sal? as soon as he deposits the bills with his bank. 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 replenishing inventory or reinvestment. For this service the merchant pays Chargex a percentage of the day's sales - as high 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. March 22 it goes into effect in Alberta. It is being extended to Saskatchewan and Manitoba. The plan now has more than three million cardholders and 38,000 participating businesses including national department stores, airlines, some major oil companies, other national stores and many individual busi- 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: -> i 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 OP SUPERINTENDENT OF SCHOOLS 7 SCHOOLS 70 TEACHERS 1600 STUDENTS Applicants should havet (a) a valid Alberta Teaching Certificate) (b) five years'teaching experience in Alberta or in a school system of equivalent standard; (c) a degree from a university in Alberta or from a university of equivalent standard; (d) have pursued one year's graduate study In a field ac-ceptibie 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, 197 V, TO MR. JOSEPH DOCHERTY SUPERINTENDENT OF SCHOOLS ROOM 205, 10118 RICHMOND AVENUE GRANDE PRAIRIE, ALBERTA Chargex cards are totally interchangeable, in both purchasing and selling situations, with many foreign bank charge cards including 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 that 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 uncollectable and bad accounts is another savings for the merchant. If Chargex will reduce the number of cards in my pocket, I'll apply for one. New airline rates, go into effect OTTAWA (CP) - A new domestic rate structure that h> creases Canadian passenger rates for Air Canada and CP Air goes into effect today. Hie two companies filed notice of the rate increase with the Canadian transport commission a month ago. As the commission has not intervened the fares 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. New skyscraper for Calgary CALGARY (CP) - Construe tion on the city's tallest build 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 will include 28 floors of apartment units, 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 Industrials are mighty Big bakery shuts down operation VANCOUVER (CP)-McGa-vin ToastMaster Ltd., said Friday that Its Vancouver bakery, closed since Monday by a labor dispute, will not be re-opened 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 decided to supply the Okanagan market with rolls made in its Calgary plant. The company said the 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 Baker electric and two Pierce-Arrows. 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 the third 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 consortium 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 Corner 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 during the last five-year plan, the Soviet news agency Tass reports. a major oil find on King Christian Island. A Panarctic gas well fire there was extinguished last month. Speculation about oil in the Arctic has been a key factor in the strong upward movement of the western-oils group. The Toronto exchange's western oil index 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 market posted its biggest gain of the week Thursday when the Dow Jones average rose by almost nine points, Its largest advance smca Feb. 1. At the Montreal and Canadian exchanges, the composite mdex was up 2.04 to 176.53. Toronto's biggest gain daring the week also came Thursday, when the industrial index climbed more than a point. The advance was the largest since Jan. 8. Volume at Toronto was 11.09 million shares, down from 11.98 million last week. On index, golds dropped .80 to 182.40 and base metals 1.S5 to 91.04. The Montreal and Canadian exchanges' combined volume was 6.23 million shares, down from 6.65 million last week. Gains outnumbered losses 188 to 174 with 112 issues unchanged. Bond prices Supplied by Doherty Roadhouse and McCuaig Bros. OOVERNMINT OF CANADA BONDS GOVERNMENT OF CANADA UARANTIED BONDS Cm. Nat. Rhry. 6 % Apr. 1, VA% Sept. 1, 5Vfe% Oct. 1, 8 % Jul. 1, 4%% Sept. 1, Perp. 3 % Sep 6%% Apr. 1, 71/4% Jul. 1, SVi% Sep. 1, Bid Asked 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 ntOVINCIAl Alberta 8%% Ontario 7 % Ont Hyd 9 % N Bruns 9%% Nfld. 8 % N. S. 6%% Quebec 7%% Alberta 87/8% Man Hyd 8 % Sask 8%% Nfld 9Vz% 90 106.50 108.50 '88 95.00 97.00 "94 109.00 111.00 '90 108.00 '74 100.00 '92 85.00 *74 99.00 '90 108.00 '91 101.50 102.50 '90 107.00 109.00 '90 105.00 87.00 AGT 8 % 74 102.00 Man Tel 8 % '74 102.00 INDUSTRIAl Alta G T m% '90 103.00 Alcam 9%% '91 104.00 B.C. For 9%% �92 101.00 B.C. Tel �%% '90 104.00 Bell Tel 9y8% '79 104.00 Bel Tel 9%% '93 106.00 CPR 8%% '89 104.00 CP Sec 9%% '90 101.00 Cdn Util 9%% '91 102.00 CMHC 9%% '90 103.00 Gulf Oil 8%% '90 103.00 Inter Prov 9%% '90 105.00 Massey 9%% '80 102.00 Noranda 9V4% '90 103.00 Lit Nick W4% '90 105.00 N and C G 9%% '91 102.00 Steel Cdn 9y4% '90 105.00 Tr Cdn P 93/4% '90 108.00 Tr Cdn P 10% �90 105.00 105.00 106.00 103.00 106.00 106.00 108.00 106.00 103.00 106.00 106.00 105.00 107.00 104.00 105.00 107.00 104.00 107.00 105.00 107.00 CONVmiBUS Alta G T 7%% *90 121.00 128.09 Cons Gas 5%% '89 93.00 85.00 Scur Rain 7Vt% '88 95.00 87.00 Tr C P 5 % '89 88.00 80.00 WC Tr C 5%% '88 88.00 WC Tr 7%% '91 111.50 112.50 Dynasty 7 % '82 55.00 65.00 Acklands 7%% '88 77.00 82.00 Crossword - EUMbe1h f0* POTPOURRI 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! 75 MOTOR HOTEL 5359 Calgary Trail Edmonton, Alberta Phone: (403) 434-3431 Telex: 037-2610 1 Stiff at -v 7 Kind of stop. 148mall crawl. 21 Photog- ' rapher'a term. 22 Chines* fruit. S3 Overthrew. 24 Ship's load, 25 Steadfast. 26 Beverage item. 27Wool: comb. .form. 28 Exclamation. 30 Tor. 31 Eject 33 Harden. 34 Tomes: abbr. 85 Besides. 38 Cabinet post: abbr. 37 Moon crater. 38 Exceedingly. 39 Alfonso's queen. 40 Sit. 42 Teacher: Hindu. 48 Herb. 1 Sturdy as-s 2 Rolls: 8cot. 3 All: comb, form. 4 Arab cloak. 6 Rules. 6 Lees. 7 Time periods: abbr.' 8 Warrens.  Turkish inn. 10 Brave'* helpmate. 11 Chinese tree. 12 Resin: Fr. 13 Early Eng. Ilsh king. 14 Enter a harbor. ACROSS 45 Ampht. bians: colloq. 49 Mollusk genus. 50 Braces. 54 Turkish regiment. 85 Noun suffixes. 88 Well-known puppeteer. 87 Astronaut's vehicle. 69 Convalescent's retreat. 61 Thickset. 62 AlasI 63 Japanese pagoda. 64 French masculine name. 65 Dependable. 66 Trickery. 67 McGraw't protegt. 68 Foils. 69 By -I 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. S3 Little Henry. 84 Pigtail. 85 Scantlines. 86 -Wood, France. 87 Japanese outcast. 88 Employs. 89 Fall guy. 90 Renewed action. 91 Light-bulb size. 93 Hushl 94 Flunk. 95 Marquis de -. 98 Williams and Griffith. 97 Rotates. 98 Insomniac's look. 100 tee: Ger. 102 Delay. 103 Ilk. 104 Ink or Illy. 105 Umps. 108 Old Mae* Donald had MO Certificate parte: abbr. 111 Old English letters. 118 Road algm 116 Filipino. 117 German auaage. 118 Lath. 119 Inlet. 120 Box. 121 Asservate. 123 Indian officer. 126 Out-* 128 Less ripe. 129 Vespucci's first nam* 130 Infers. 131 Dub. 132 Polished gain, as a car. 133 Apocryphal book: O.T. DOWN 16 K'nd of garage. 16"- Girl" on TV. 17 Mischief: colloq. 18 Storm: Fr. 19 Canadian physician. 20 Grace, before Monaco, 21 Energy unit: abbr. 29 Obeisance. 32 Village near 86-A. 35 Some. 37 Like a eon-tented kitten. SB Toward: Fr. 89 Brief statements. 41 Sullivan, etal. 42 Association. 44 Raised. 45 Stud. 46 Sweet* scented. 47 Grazing ground. 48 "The treat's - 49 Puppets. 61 Secluded. 62 Socrates' protege. S3 Chairs. 56 Projection. 67 Scorches. 68 Egyptian god: var. 60 Haunches. 61 Wall Street Items. 62 As-v 65 No -� 66 Aliments. 69 Roman deity. 70 Blue. 71 Open. 73 Welcome. 74 Reliance. 76 Describing some tales. 76 Greek letter. 77 Consumsd 78 Expel. 80 Wrappings. 81 - cologne. Ill IS 16 17 18 19 20' 23 26 3? 36 105 106 107 � ioe 10) 116 M 121 122 128 131 82 Gulled. 90 Waver. 84 Seemingly. 92 Letters. 85 Peter, Paul 93 Canner's or Mary. Item. 86 Seethe. 94 Pro. 89 Jewish 97 Twos, to holiday. � Scot. 98 Behan play: "The-." 99 Existed. 101 Elongated fish. 103 Flower spike. 105 Mountain 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 Merganssr. 120 Aspersion* 122 Flower necklace. 124 Dutch uncle. 125 Bar. 127 Supplement. Diagramless 21 x 19, By Anthony Morse ACROSS 1 Nave. 25 Open cloth. 4 Indian. 26 Vacation spot 7 8quash. 29 Lucre. 11 Old English 30 Musical money. abbreviation. 12 Draw. 31 Corn holder. 13 Swedish .32 Monk, province. 33 Heroic verse. 14 St. Thomas, 37 Responded. 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 Outinga for religious groups. 51 Hair style. 62 Onlonlike plsnt. 63 Smooth. 64 Tel -. 65 City on the Seine. 67 Black Hand. 60 Numerical prefix. 61 Dutch commune. 62 Fossil. 63 Kin: abbr. 64 Refreshment center. 66 Faney garb. 69 Network. 70 Pet.  71 Numerical suffix. 72 Power source. 73 Inlet. 74 "Clothes" man. 75 Preaknsss winner: '53, 78 Voice part. 79 Ivy leaguer. 80 Japanese song. 81 Drudge. 82 Err. 83 Monkey. DOWN 10pponent of Washington. 2 Swiss canton. 3 Dwarf. 4 Measure. 6 Tire filler. 6 Azure. 7 Series of outdoor - concerts. 8 Soap plant. 9 Dry. 10 Cover. 15 Pound. 16 Command Latin abbro* . vlation. 17 Argentine river town. 18 Border. 19 Opt. 20 Pled-a-. 24 Chatter. 26 Easter recess. 27 Reverses  position. 28 Spanish hero. 29 For. 32 Pentagon booboo. 34 National objective. 35 Revolution, ary name. 36 Pathetic 38 Islet. 39 Cow talk. 40 Wing. 42-Ware. 43 Florida "Tower" man. 44 Gins. 45 Put by. 46 Twist. 47 Letter. 48 Fowl. 49 Equal: pref. 60 Tide. 51 Ns good. 55 Arbiters. 66 Shelley opus. 5,7 Small pad. 68 Inner sanctums. 69 Paragon. 62 Waterless. 65 Russian Inland sea. 66 Affliction. 67 Oriental computer. 68 Indian. 69 Slogan. 70 Think tank 72 Man. 74 True: Fr. 75 Pile. 76 6th century date. 7? Greek letter. CRYPTOGRAMS BOLtmONS OF wst steer'S puzzles hbei mm nran naa nn llBICIDBmD nnmamm be ana unci nnH bub hbe3b O BEBBBBB eHBOB em3g ISfilHB aaarja anaa uauu HioHiaRi nmainia am&a mma nopEnHg maiam maa aaa aimin ebbb eh-iei mna nrarara annsDD__, aiara oiara nmonDB eeeb lawaKini rnniraa rnraciB ggnpoE nmaa anm anna uhuhuuu ninra aiiHOHiiEinmiaiflEGE beub nnM ni3H HHHHIl qebb ebb raiaHEimH annran ranEOB bdbb maa laauiaia bbbbb eek _ mama hqciuiu ?bcide bdbdbg nna auciifl uoaiau ebb puu mama hhhhuuhuuui21si!I3 ebb EinGnODB bbbo 651313 CBBO aSnH I3HOH f3EBB pBOBE DIDHB hedhbe ebb ebb GHBBBE EBtiB EEB CEE nnnn gbbii nnn IIP eeec nnmiiBBB bbbc eebis SS! LAWS NOW DIMTTR: NFNHNPEWI VDEDWP' OIN� PKMO MHPVGIWP TGITFW KMGUENDUP' KNAWPEH. - Br Bsrbsra 3. Rntf 2. JOSEPHV RKPXVJDRLPJH EFZJ RBZJLXPHPOS: KLJHDLPKXTFOH BFHKJOHJB," - By Joseph Vener Ree4 8.JXLUP PQGH. JUNGLE PGQHE GJ NXUP. - By Henry Gelmss) Last Week's Cryptograms 1. Sign in store window next to best-gelling padded bra says, aptly: "We fix flats." 2. Nabob combed most likely markets for fine jade - mosey no object. 8. To get "together," get "to get her" together. 4. Uniting "sow here" gets us "nowhere." f> Field Enterprises.. Inc.* 1971 ;