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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 13, 1971, Lethbridge, Alberta Uterch 1971 THf IETHMIDGI HttAlD 25 Boose is big business Business Talk Stocks surge in week president Volume was 1364 Home to purchase a majorih up from knows booze is big business in Leth bridge and A study of the 46th annual report of the Alberta Liquor Control Board is a real eye opener and the following fi gures show just how well the government did in the mind numbing Liquor and beer sales in the province during the year to talled million cost of the liquid was million result ing in gross profit of mil Subtract operating ex penses of million and the board realized a net profit of Liqiuor sales for the year ended March 1970 were million and liquor costs were resulting in gross profit of Beer sales totalled mil lion and costs were mil resulting in a gross prof it of 2 Note that the gross profit on liquor is about half of sales while with beer the gross profit is about 22 pel cent of sales Net profit for the 196970 year was million higher than the previous due largely to higher volume The sale of ale an stout increased to million up million gallons The gallons of cider soli was up by The 1 6 million gallons of vAne and ver mouth sold was an increase o gallonsThe gal Ions of liqueurs sold was u The million gallons of spirits sold was up by There were 6 5 gallons o ale and stout sold for ev ery gallon of all other liquor put The cash value of sales t licensees was mi lion dining lounges and loun million million million for total sales of million p millkm from the pre1 rious At March 1970 there were 424 beverage room and oear vendors licences in force in During the year there were 102 club beer li cences 44 club liquor 4ft canteen beer li 44 canteen liquor li 156 dining loung li 120 lounge licences while 112 dining lounges and lounges were authorized to provide r t t t During the year six hotels had their licences none in the for selling eer to a minor using exces sive and unnecessary force in restraining a patron from en ering a beverage room and unsatisfactory supervision and control or conduct of the bever age room Increasing the price of resale permits to from and ban quet permits to from was largely responsible for the in creased revenue from per m i I Revenue for the year was compared with the previous an increase of There were resale permits sold and banquet permits compared with resale and banque1 permits the previous The board had 928 employees at the financial year There were six brewers h cences issued with Sicks Leth bridge Brewery receiving Licence Two wine man ufacturers and one distiller were 9 In Lethbridge booze sales to talled resulting in a net profit for the board of The North store had liquor sales of beer sales of for total sales of The booze cost the board and operating ex penses totalled for a ne profit of The South store had liquor ales of and beer sales f for total sales of The liquid cost and operating expenses Dialled for a net profit f Beer sales from other than he liquor stores totalled cost of beer was and operating expenses of for net profit of 551 Of the boards operating ex salaries totalling mil ion was the highest single item Salaries paid Lethbridge em ployees totalled It would be interesting to know the total amount spent on and liquor by individuals n the but those fi ures are not The sales figures mentioned in this column are thue of the board lounges and which buy their stocks from the also make good profits on the sale of Another set of figures that would be interesting to on the other side of the but which would be impossible to are the costs of alcohol abuse and If heart damaged bro ken families and the host of other problems to which alco hol can contribute could have a dollar figure theres no doubt in my mind it would considerably exceed the sales volume of If alcohol causes no prob why does the province have a division of alcoholism Why were 945 persons on the interdict list last year Why are there institutions for treat ing alcoholics Why do the jails and mental hospitals have so many inmates with alcohol problems Following is a table of liquor and beer sales and the net prof it made by the board in south ern Albsrta By ART JOHNSON Canadian Press Staff Writer A drop in lending rates xierest in the ered Canadian stock markets m j Brown controls Home a sharp drive upward this week through Cygnus of Cal The Toronto Stock Exchanges I industrial a key indicator I On index at base at market advanceo metals were up to and to golds to Western oils It was the markets third con1 lost to seeutive weekly At the Montreal and Canadian the composite index rose to Markets made their sharpest advance on Tuesday when the Toronto Dominion Bank an nounced reductions in its mort last week At the Montreal and Canadian combined volume was 438 million down from 6 23 million last Gains outnumbered losses 216 to 163 with 117 issues un Bond prices Medical faculty post taken by deputy minister T7RFDERICTON CP1 Much of what has been set Clarkson is resignout to accomplish haUh Supplied by Ooherty t and O rate for singlefamily dwellings and semidetached homes was cut to 9Vi per cent from 9 per National Housing Act mor gage rates dropped to Kt per cent from nine per CUT RATE EARLIER The reductions put the banks Massey Koranda 9U Int Nick GOVEBNMtW Of CANADA IONDI OOVEKNMlNt OF CANADA GUARANTIED IONDS 80 90 90 J Graham Clarkson is resign ing as New Brunswicks deputy health minister to accept an ap N and C G 91 105 CO Steel Cdn 9 Tr Cdn P Tr Cdn P 90 i 90 103 00 Alta G T 7i Cons Gas CONVHTIBUI 90 rates in line with those of the Royal and Nova Scotia which announced cuts earlier in the Canadian markets during the week outperformed the New York Stock The Dow Jones average of key industrial issues advanced a weak of a poiri to The average stopped below 900 after a threemonth rally that petered out in midFebru Prices rose bringing the average to within about half a point of the 900 but the New York market faltered The ChaseManhattan Bank o New York reduced its prime rate Thursday to per cent from 5 per The move sparked reductions by other Prime rate is the interest charged on loans to a banks fa vored HOME SUSPENDED Shares of Home Oil and Cygnus were suspended from trading Friday on major Canadian The federal government an G v Jons uas m 4V Sept 72 Ra Oct 1 p 5 Jul Sept 1 83 3 I 7 92 Alberta Ontario 7 Out Hyd 9 N Bruns 914 NBd 8 6Vi Quebec 73i Alberta 8V Man Hyd 8 Sask Sii Nfld 8 ACT Man Tel 8 90 88 94 112 00 90 74 102 00 92 74 90 91 101 50 90 BO 74 74 INDUSTRIAL Alta G T Alcan For Tel Bell Tel Bel Tel CPR CP Sec Cdn Util C1IHC Gulf Oil nter Pro 90 104 00 91 92 103 00 90 99 50 100 50 79 93 108 00 89 90 91 PiTo 90 90 90 89 88 91 82 6000 7000 88 8200 permit to packers Only one major building per mit was taken out during the week ending March Kenwood Engineering Con struction was issued a permit for an addition to the Canada Packers Ltd plant at 3939 1st Five other permits valued a more than were issued by the city hall building depart ment All were for singlefam ily residences their total was announced Friday who came to Brunswick from Saskat said in an inter forward to lis new position but is quite ad to leave behind the people had come to know in New He said he had come to the province because he felt there vas a great deal of work he cculd do in the health depart I came to make some contri even though I realised I would be here for a limited pe riod of PRAISES PREMIERS He had words of praise for former premier Louis Robi chaud and the current Richard Politics I have a very high regard for Louis Robi chaud His leadership has been remarkable and has helped the province become unique for its advances in He also said he has great respect for welfare has been accom he said Before coming to New Bruns pubhc health minister ii Saskat Net earnings By THE CANADIAN PRESS Husky Oil year ended Dec 67 cents a share 76 Pembina Pipe Line year ended Nov Silreruood Industries 40 weeks ended Jan 3 a share figures not British Columbia Packers year ended 31 a share Gold prices LONDON AP Fridays closing gold prices in dol lars an ounce London Paris Frankfurt Zurich Hong Kong Beirut a kilo Smith Customs Broker jLETHBRIOGt COMMUNITY IIQUOR Blairmore Bow Island Brooks Claresholm Coleman Foremost Fort Macleod High River Lethbridge Medicine Hat Milk River Nanton Pincher Taber Vauxhall Vulcan Waterton Park TOTAL SOUTH ALBERTA Calgary Edmonlon SALES BEER f TOTAL NET PROFIT Crossword B HEAVENS SAKE B of M revenue decreases MONTREAL CP The Bank of Montreal has reported a balance of revenue of or 64 cents a share in the first quarter ending compared with or 84 cents a share in Ihe correspond ing period last Arnold chairman and chief executive said this represented a 23percent de crease compared with the cor responding quarter last year but a 17perent incicase over the immediately preceding quarter ended Balance of profit for the last quarter was or 31 cents a share compared with or 40 cents a share in the first quarter of the previous fiscal Revenues totalled a decrease of per cent from the and expenses totalled an increase of per cent from the Dividends By TOE CANADIAN PRESS Federal Grain 10 May record April Lnblaws Groceterias April record March Loblaw class A and B 9 both April record March Zellers common seven cents 414 per cent oCii both May record Apri Mclntyre Porcupine Mines Coal Division REQUIRES MINE SURVEYORS Successful applicants will have a minimum of 12 months experience underground in operating tran levels and making coordinate HEAVY DUTY MECHANICS A minimum of four years experience required to effectively maintain heavy equipment including D7 and D8 Journeyman status COAL MINERS Experienced underground coal miners with a mini mum of six months Excellent employee Located near the new town of Grande 90 miles northwest of For more information please apply to Roberts industrial Relations Superintendent Mclntyre Porcupine Mines Box Grande Alberta HAY AGENCIES Appointment 1 Largest S Submarine 15 Sea 22 Branch of 23 Milky 24 Old Italian 25 Turkish administra tive 26 Silent per formance 27 Muslim SB College 29 Shear 32 33 34 55 Plankton collecting 38 Danish 39 Soft soapy 40 41 Columnist Rowland 43 Negative of ACROSS 45 Variable 76 Share star in 46 Baffling 7 Expose to fresh 49 Vietnamese 50 51 Straw 52 Planet near est the 54 55 Indian 59 62 Sultanate in 63 Time of 77 78 Constella 80 Polecat used for 81 82 83 84 85 86 Astronomy instrument 88 89 Door earths 90 Direct 64 Set 66 Feminine 68 Second 69 Science of celestial 72Antiered 74 Biblical 75 91 Bluish 92 93 Earths sis ter planet 95 River in 96 Instructive 95 99 Telescopic 101 102 Great 103 104 Moray H1 Red 112 Celestial 114 Outmost 115 Swedish 116 European 117 120 Land 121 122 Music 123 Danish 125 Early 127 128 Mineral IP 130 Atomic 132 Ipecac 134 Canadian 135 Brisk 136 Academic board members 137 138 Red 139 1 East Indian mint 2 Producing iogether S Site of giant 4 Town In 5 6 ystellers sea SSeed 9 Musical 10 11 Victorias 12 13 Business abbrevia tion 14 15 Gaseous cloud in Milky 16 Small South African 17 Arrange 18 Caucasian wild 19 Planet wiili 20 Town on the 21 Island with gigantic 30 Throw out of 32 35 Hindu land 37 39 Pluck 3 DOWN 40 Island near 42 Watch 44 Negative 45 Smaller J5 Date 48 Blackboard 50 Hy 51 aids 53Cl city in 54 Chief city of a country 55 55 Mine 57 Whole of 58 Means of communi 59 Surname of English as 60 Phonetic 61 Stars in 63 European 64 Flaring 69 Triclmlc 70 Intersection of double 71 Swampland 73 74 The Diary 76 78 Assembly 79 Unruly hair HAY AGEMCiS Abrrln ii o I ul n Crr Hiirv Ks nv Tiiifi twPnty yCHU III i ii Esnc r Ut I in wir ovsri lo fn Inlf ciinin tii i0n ol HAY AGENCIES i HAY AGENCIES 21 x Iy Berl Bcaman ACROSS 20 Asian hot spot in the 22 23 25Numerica 26 27 29 Gullible one 31 Nursery 1 Endorse ments 4 6 Audibly 9 11 Dress 12 14 Measure 17 18 wall embellish 3o Musical 36 37 Sixth sense 38 Bale out 40 42 To 45 Aware of 47 Highway 43 Brooks for 51 Nautical 53 More 54 Government 55 Wake 55 Metrical 57 Verb 59 Pub 60 62 Remove 64 65 Formosa Strait 6f Jousting 69 Tram 80 Switch to 82 Secondyear 84 Very small 86 To watch 87 Music staff 70 72 74 Bird of 75 African 76 Make Into 78 79 80 82 83 Girls 85 Wind 86 Banshee 87 88 Storage 91 93 Concert 94 98 American 99 District of 100 Earthen ware 102 103 More 105 Italian 106 Strait east of 107 Like open end 10S Diamond 109 Hawaiian 110 Ringed 111 Shooting 112 Amounts 113 Kitchen 1 War II 2 Drying 3 5 6 7 Meat S Question 10 11 13 Conduit 14 Pressure 15 16 Building 17 At of responsible 19 21 Built for 22 Half 24 28 Relative of a 30 31 Cooking 32 33 Egyptian 36 Greek 59 41 42 43 space probe 44 Capable of being 116 City In 117 Wild 119 Edmund Hal leys 122 Mod 123 Wheat 124 Branch of the 46 Campus sight 49 Noun suffix 50 51 52 55 Overseas 58 Spanish title 6t Western 62 American 126 Pagoaa city In and 130 Genus of fiddler crafaq 131 copy 133 Spread 65 Big wheeli 67 69 The European 71 Arabian 73 School 74 Greek 77 78 81 Area French CRYPTOGRAMS OF IAS r EEKS PI JWRBP ABRGI ICG JVAM EOGWIfiOXKU BCVWUKS 1OK0 UOGXHSOCKV NKUOKE By ISN SEDAJiSUUMP ISCHAB SJJD Nathan Harris Iast Weeks Cryptograms 1 Jol ace ironv alahnslor cities Bray obscures purple mountains apsthccarifs lovr aciiorlising prescriptions Feral lion favors loins of Field 1971 ;