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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 6, 1971, Lethbridge, Alberta Mcrch THI LETHMIDGI HKAIO XI Chargex is coming to Alberta Business Talk JIM MAYBIE TOEMEMBER the days when a person only had to carry a wallet in his pocket to hold some a few stamps and family pictures Looked at your pockets lately Whos got any room for pic tures Whos got any room for a wallet it Heres room only for bills and perhaps a few pieces of nego tiable A check of my card wallet shows three department store two gasoline credit a press a club membership an identifi cation AMA membership pink car insurance drivers car registra tion change of ad dress social insur ance birth certificate cash discount Al berta Health Care and an Alberta Blue Cross Plan Theres no room for business My desk drawer at home has numerous other It never seems to fail that when you need a thats where it is home in the desk Then there are the times when youre standing at a counter with a mess of cards and certificates spread all over the place while the lineup be hind you and you mut ter to the cashier or clerk and anyone else listen ing I know its here some where or is it home in the drawer The small list of cards men tioned here is nothing to what some people Now there is a new card com ing into Lethbridge and If its as good as the sponsors it may help reduce the number of credit plates in ones Chargex is a scheme sponsor ed by the Bank Canadian Na Canadian Imperial Bank of Royal Bank and Toronto Dominion A Chargex card alows the holder to make purchases at all Chargex stores throughout Can Smith Customs Broker COHTTS ttori 3M1BM The card can be used for charging or bud g e t i n In stead of receiving bills from numerous stores and making payments to them the card bolder simply makes one pay ment or monthly payments to When the cardholder receives Us bill from he mav pay it off within 25 days the billing date at no If he decides to budget his he Is charged inter est at the rate of 1 per cent a If he decides to his first payment is equal to 10 per cent of his Subsequent payments are also equal to 10 per cent of the monthly bal Minimum monthly pay ments are If a person makes several purchases at Chargex mer chants totalling the first payment would be The sec ond month he would also pay and keep that payment up until the account is Say the cardholder makes in purchases for the first bill Initial payment would be leaving a balance of plus before the second the cardholder adds another in The new balance owing would be plus The pay ment would then rise to in the second month and about the followinig As the monthly balance so does the If purchases so does the minimum Persons desiring a Charges card apply at one of the banks The amount a per son may purchase on the card is set at or Purchases may be made on the card through any of the merchants in Canada bearing the Chargex If a pur chase price exceeds a floor limit they vary from business to business but average about the merchant phones Van using a Zenith toll free to ascertain if the ac count is in order and the pur chase item within the value limit of the A computer returns the an swer in It cosls a merchant to join Chargex plus a month rent for a card plate machine which imprints a customers name and number on a Chargex provides all station ery free of charge to the mer Bills are generally in triplicate with one copy for the one for the customer and one for the local bank with which the merchant Chargex is responsible for billing the customer and col lecting the The mer chant is guaranteed paymen in full for the sas as soon as MOBILE HOME DEALERSHIP AVAILABLE V1 iTitinurciLturer is interested in inter for a new line of pluaso reply in confidence giving full 10 I 5115 CROWCHltD CALGARY ALBERTA NOTE Tr Itphone Calls Not Accepted THE CATHOLIC SCHOOL DISTRICTS OF GRANDE SEXSMITH AND BEAVERLODGE INVITE APPLICATIONS FOP rilf POSITION OF SUPERINTENDENT OF SCHOOLS 7 SCHOOLS 70 TEACHERS 1600 STUDENTS should havei vl i i Certificate v rI 1115 rxrcriencQ in Alberta or in a school in Alberta or from a university i fi i ij vc i graduate study in a field ac at D university in Alberta I t r re AMA ONS IN GIVING DETAILS OF AI AND EXPECTED iO BY MARCH TO JOSEPH DOCHERTY SUPERINTENDENT OF SCHOOLS ROOM 10118 RICHMOND AVENUE GRANDE ALBERTA he deposits the bills with his The merchant has no worries about trying to collect bad ac no billing little accounting as far as Char gex customers are concerned and he has payment in full for IBS product or freeing capital for replenishing inven tory or For this service the merchant pays Chargex a percentage of the days sales as high as six per cent and averaging about four per The percentage charged for the service is based on volume of sales and the value of The service charge is deducted when the merchant gives the Chargex bills to his bank and the balance is deposited to the merchants The Chargex plan is in oper ation in Quebec and British March 22 it goes into effect in It is being extended to Saskatch ewan and The plan now has more than three mil lion cardholders and par ticipating businesses including national department air some major oil com other national stores and many individual busi Chargex cards are totally In in both purchas ing and selling with many foreign bank charge cards including the Bank British Barclaycard and Japanese Sumitomo This international interchange network has more than mil lion cardholders and merchants in 50 states and 65 countries in South the Far East and John manager of the Alberta office of Chargex in says that even if all merchants in Lethbridge joined there should be no increase in the price of products and service because the Chargex plan does not in crease a merchants He maintains that increased sales more than compensate the mer chant for the service Elimination of uncollectaule and bad accounts is another savings for the If Chargex wiU reduce the number of cards in my Ill apply for New airline go into effect OTTAWA CP A new do mestic rate structure that in creases Canadian passenger rates for Air Canada and CP Air goes into effect The two companies filed no tice of the rate increase with the Canadian transport commis sion a month As the com mission has not intervened the fares automatically become effective When the airline filed notice of the they said worldwide inflation and rising costs have had an adverse ef fect on the aviation They said they plan to file for increased freight and express rates Under the new the price of each economyclass ticket will increase plus one tenth of a cent a On some shorthaul routes the increase will be limited to There will be additional in creases on some flights between more than two points but the stopover charge will be compensating to some extent for the Youth standby and senior citi ren fares will rise to 66 2 per cent of the normal economy rate from 60 per There will also be an increase in the charge made for each piece of luggage carried in excess of the free baggage New skyscraper for Calgary CALGARY CP Construc tion on the citys tallest build ing with the exception of the has started with a completion date of late 1972 for the million residential commercial At 382 the 38 storey building will include 28 floors of apartment three levels of office a recreation floor and five levels of above ground It will be well short of the Husky Towers 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 07255 At no cost to you IVIERA MOTOR HOTEL 5359 Calgary Trail Alberta Phone 403 4343431 Telex 0372610 Big bakery shuts down operation VANCOUVER vin ToastMaster said Fri day that its Vancouver closed since Monday by a labor will not be reopened because it is losing About 280 persons were em ployed in the Allan company said in a prepared statement that the business im pact caused by the dispute has made it economically impos sible for the company to re open the Vancouver He srid the company will do its best to relocate as many employees as possible and meet its About 90 members of the Ba kery and Confectionery Work ers Union walked out when the company decided to supply the Okanagan market with rolls made In its Calgary The company said the decision to shift the supply from Vancou ver was based on economic McGavin ToastMaster has 10 other including plants in Nanaimo and K el own a and eight on the employ ing about HORSES REPLACED Horses were replaced by auto mobiles in the White House sta bles in 1809 when President Wil liam Howard Taft bought a White a Baker electric and two Industrials are mighty By ART JOIfXSON Canadian Press Staff Writer Indistris Issues continued to move higher on Canadian stock markets this but oils edged a share At the Toronto Stock Ex the mdiBtrlal a key indicator of market activ climbed 1 73 points to The exchanges westernoil index faltered of a point to It was only the third week of 1971 that he oik group showed a decline on the Analysis suggested that gome speculative interest in oils was cooled by a statement issued early in the week by Panarctic Oils Ltd a consortium of government and private compa nies formed to explore for oil in the dismissed rumors of Turner Valley contract let EDMONTON CFM The awarding of tno highway im provement contracts was an nounced today by Highways Minister Gordon Paring of Red Deer was awarded a contract for asphaltic concrete paving of Highway 22 for 14 miles from south of Priddis Comer to Turner Valley in southwestern Sales Construction Co of Edmonton was awarded a contract for the crush ing and stockpiling of gravel for seal coating of Highway 16 from east of Elk Island Park 20 miles east of Ed to east of a major oil find on Kmg Qirls1 Its largest advance Uan A gas j fire rvinguished At the Montreal and last Speculation Elout oil In he Arctic has been a key factor in the strong upward mo ement of the westernoils The To ronto exchange s A estem oil index has Ehot consistently up ward since June of VOLUME IP Wall Steel climixvl during the The Dow Jones aver age of 30 industrial issues rose the composite fadei was up 2 M to 176 Torontos biggest gain during the week also came when the Industrial Index climbed more than a The advance was the largest Volume at Toronto was million down from million last On golds dropped to and base metals to points to The New 1B2W York Stock Exchanges volume i 91 w increased to H Vi million i The Montreal and Canadian up about five million exchanges combined volume uver last The New York market posted its biggest gain of the week Thursday when the Dow Jones average rose by almost nine j was 6 23 million down from 6 65 million last Gains outnumbered losses 1M to 174 with 112 un Bond prices Supplied by Doherty Roadhouse and McCualg GOVERNMENT Or CANADA BONDS GOVERNMENT OF CANADA eUARANTEED BONDS Bid 6 71 100 Ofl 4iT0 72 9210 Oct 75 9950 8 78 83 8225 8230 3 15 75 103 25 75 92 BOOK RECORD A record number of 450 million bought by Muscovites dunig the last fiveyear the Soviet news agency Tass Alberta Mi Ontario 7 Ont Hyd 9 N Bruns 914 8 Quebec Alberta Man Hyd 8 Sask Nfld 90 106 50 108 50 83 94 90 74 92 74 90 91 101 50 102 50 90 90 105 00 ACT 8 74 102 00 Man Tel 8 74 INDUSTRIAL Alta G T Kn 90 103 00 Alcan 9s B C For 92 BC Tel 9Uri Bell Tel 79 Bel Tel 93sri 93 106 00 CPU 89 10400 CP Sec 93iTo 90 Cdn Util 91 CMHC 90 Gulf Oil Mil 90 Inter Prov 90 Massey gjTo80 10200 Noranda 90 10300 Int Nick 90 N and C G 91 Steel Cdn 90 105 00 Tr Cdn P 90 103 00 Tr Cdn P 1W 90 105 00 CONVtRTlBLI Alta G T 714 90 Cons Gas 89 Scur Rain 88 Tr C P 5 89 WC TV C 5Vi 88 83 00 WC Tr 714 91 111 50 Dynasty 7 82 5500 Acklands 7H 88 Crossword POTPOURRI ACROSS 1 Stiff ai 7 Kind of 14 Small Photog K 24 Ships 25 26 Beverage 27 Wool 28 30 31 33 34 Tomes 35 36 Cabinet post 37 Moon 38 39 40 42 Teacher 43 1 Sturdy 2 Rolls 3 All 4 Arab E 6 7 Time periods fi 9 Turkish tO Braves 11 Chlneso 12 Resin 13 Early Eng lish 14 Enter a 45 bians 49 Mollusk 50 54 Turkish 55 Noun 56 Wellknown 57 Astronauts 69 Conva lescents 61 62 Alas 63 Japanese 64 French masculine 65 66 67 McGraws 68 69 By 70 71 Vehicles for Martians 72 Home 73 75 Blasters 76 Golf 78Wino measures 79 Wear 80 83 Little 84 86 87 Japanese 88 89 Fall 90 Renewed 91 Lightbulb 93 HushI 94 S3 Marqula 96 Williams and 97 98 Insomniacs DOWN 15 Kna of on 17 Mischief 18 Storm 19 Canadian 20 before 21 Energy unit 29 32 Village near 35 37 Like a con tented 38 Toward 39 Brief 41 42 44 45 46 Sweet 47 Grazing 48 The treats 49 51 52 Socrates 53 55 67 Egyptian god 60 61 Wall Street 62 65 No 66 59 Roman 70 71 73 74 75 Describing some 76 Greek 77 78 80 81 Diagramless 21 x 193 By Antbony Morse ACROSS 1 4 7 11 Old English 12 13 Swedish 14 St ThomaSi for 17 Island off Asia 21 Road 22 23 French 25 Open 26 Vacation 30 Musical 31 Corn 32 33 Heroic 37 39 Extra 41 42 43 Primitive missi 24 Wild 44 45 Outings for religious 51 Hair SZOnionlike 53 54 Tel 65 City on the B7 Black CO Numerical prcfixk 61 Dutch 62 63 Kin Refreshment 65 Fancy 69 70 71 Numerical 72 Power 73 74 75 Preakness winner 78Voice 79 Ivy 80 Japanese 81 82 S3 82 84 85 Paul or 86 Jewish DOWN 1 Opponent of 2 Swiss 3 4 5 Tire 6 7 Series of outdoor S Soap 9 10 15 16 Command Latin abbre 90 92 93 94 97 to It 88 Behan play 105 Mountain The 99 101 Elongated Flower 106 Forever 107 Jewelers 110 112 Vacuum 113 114 115 109 Brother 117 17 Argentine river 18 19 20 24 Easter 27 Reverses a 28 Spanish 29 32 Pentagon 34 National 35 Revolution ary 36 38 39 Cow 40 42 43 Florida Tower 44 45 Put 46 47 48 49 Equal 50 51 No 55 56 Shelley Small 53 Inner 59 62 65 Russian Inland 66 118 120 122 Flower 124 Dutch unclfe 125 127 Supplement 67 Oriental 68 69 70 Think 72 74 True 75 76 6th century CRYPTOGRAMS SOLUTIONS OF UST MTEKS PCZZLE3 1AWE NOW BIMTTR NTNHNPEWI VDEDWF OJNB PKMO MHPYGIWP KMGUENDUP BT Bartsra Ragf RKFXVJDRLPJIT ETZJ RBZJLXPHPOS KLJHDLPKXrFOIt Joseph Vener Reed TGQHE GJ X U P By Henry Golmaw Last Weeks Cryptograms Sfcn in Btore window next to hestsollinc padded fcra aptly We Nabob combed most likely markets for fino jndc money no objrcU To ffct pot to set her Uniting now here gets U3 now Field Enterprises 1971 ;