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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 17, 1973, Lethbridge, Alberta Saturday, March 17, 1973 THE LETHBRIDGE HE RAID _ 23 B.C. logging, sawmills facing business axe VANCOUVER (CP) A lo- cal business consultant has warned the Vancouver Board or Trade that many British Co- Farmers to plant more corn WASHINGTON (AP) United States farmers intend to plant 7.2 per cent more corn and 14.5 per cent more soy beans Bus year the Agriculture department said Thursday. The crop reporting board sail that based on March 1 in dications, farmers will plan 71.71 million acres of corn. Tha could mean a record crop nex fall of 5.77 billion bushels, com pared with 5.55 billion last year officials said. Administration planners ha set an informal goal of 74 mi lion acres planted to com th year, about 10 per cent mor than the 08.7 million acre farmers planted for 1972 ha vest. The report said soybean pla: tings are estimated at 53.8 mi lion acres with a possible ha vest of a record 1.5 billion bus els, compared with 1.283 billion bushels last year. The soybean goal had been about 54 million acres, a boost of 15 per cent from last years 47 million acres. jnbia companies in the log- ng and sawmill equipment in- ustry could go out of business rithin a decade unless they ex- and into offshore markets. NormSn Bedford told the roup this week sale of equip- iciit in industries seems o be leveling off in B.C. and hroughout Nortli America. "Now we definitely must look awards offshore markets his he said. Mr. Bedford said the major- ty of companies in Canada do not wish to take any financial risk whatsoever when an op- rartunity arises to sell in an offshore market. He urged B.C. secondary in- dustry to face the challenge of competing in the international marketplace. He said most of these manufacturers are small- to medium sized companies which can not afford planning for exports but could work with- in a framework of co-ordina- tion with government and fi- nancial institutions. LARGEST MINE North America's largest tan- talum mine is at Lac du Bonnet, Man. Analysts see strong base beneath narrow trading By PETER U5ICHNITZ Canadian Press Staff Writer On the surface, it was a rather lack-lustre week on ma- jor Canadian stock markets with most issues trading within a narrow range. However, analysts said sev- eral factors indicate the market has a strong base for further advances. While trading was active, vol- ume was not as heavy as in re- cent weeks and they said many investors had withdrawn to the sidelines until the current mon- etary crisis' was resolved. A 14-counlry conference" in Paris announced Friday it had reached full, agreement on the crisis in negotiations. A decision earlier in the week by major trading nations to float their currencies jointly ad versely affected ths price of gold. GOLD INDEX DOWN The Toronto market's gold in dex plunged 7.29 points Tues day, its sharpest one-day de- cline in a month. By the end of he week the index lost 7.83 points, closing at 22.72. Analysts agree the continuing low of improved 1372 earnings reports is having a favorable ef- ect on market prices. In addi- ion, several major companies announced proposed stock splits his week. The Toronto industrial index, considered a prime barometer of market trends, climbed 1.25 points during the week, closing at 2Z5.09. Trading was moderately ac- tive on the Toronto market with 12.72 million shares changing hands during the week, down from 13.76 a week earlier. Base metal issues, whicli climbed to record levels last week, plunged sharply lower following, a major announce' ment in the United States. CURBS METAL PRICES The U.S. said Thursday i planned to release strategic stockpiles of copper, aluminum and zinc in an attempt to hold >rices down. Hardest hit Cana- lian companies were those with exports to tlie U.S. The Toronto base metal index ell 1.32 points following the an- nouncement. A moderate recov- ery Friday erased part of the decline and the index ended the veek at 102.32, down .76 points. Trading was moderate on the New York exchange with prices closing lower for the second consecutive week. The Dow Jones industrial average of 30 key blue-chip issues lost 9.18 xnnls during the week, closing at 903.05. On the Montreal and Cana- dian exchanges, the composite index rose 1.87 points to 231.87. Combined volume on the two markets was G.21 million shares, compared with 7.52 mil- lion the previous week. The western oil index of the Toronto market rose 2.11 points during the week to 253.26. H.-H. Smith Ltd. Customs Broker LETHORinGE PHONE 323-8141 COUTTS Home Office Ph. 344-3822 Bond prices Supplied by Doherty McCuaig Limited GOVERNMENT OF CANADA BONOS ISask Nfld ACT Man Tel Sept. 1, Oct. 1, July 1, Sept. 1, '83 Perp. 3% Sept. 15 '72 Matured '76 93.25 99.25 8 '78 105.50 105.50 81.00 82.00 39.00 41.00 5V454 April July Sept. '75 101.00 102.00 '75 102.25 103.25 '92 82.50 84.50 8 '93 105.00 108.00 '90 107.00 109.00 '74 101.00 103.00 '74 101.00 103.00 Uses hydrogen PROVINCIAL GOVERNMENT OF CANADA GUARANTEED BONDS AJbcrta '90 106.00 108.00 Ontario 7 '88 92.50 94.50 Ont Hyd 9 '94 108.50 110.50 Nsw Br '90 109.00 111.00 Nfld 8 '74 101.00 103.00 N. S. '92 84.00 80.00 Quebec '74 100.00 102.00 Alberta '90 107.00 103.00 Man Hyd 8 '91 99.00 101.00 ASSISTANT CITY MANAGER A challenging management position Is available wilh The Cily of Lelhbridge to provide administrative control on cily operations, prepare annuol budgets, co-ordinale lond sales transactions and "New Town" development. Salary range to annually an excellent fringe bcnefils The ideal applicant will have a university degree in public or business administration, with emphasis on account- ing, and a minimum of 4 years' experience in a senior res- ponsible management position. Preference will be given to applicants with municipal administration experience. Forward -complete resume, including work experiences and references, in confidence tot The Personnel Officer, City of Lethbridge, City lethbridge Applications will be received up to April 2nd, 1973. INDUSTRIALS Alfa G T '90 106.00 108.00 Alcan '91 107.00 109.0 B.C. For 'S2 108.CO 110.00 B.C. Tel 9yB% 'SO 106.00 108.00 Bell Tel 9tt% '79 106.00 108.00 Bell Tel '93 109.00 111.00 CP Ltd '89 102.50 104.50 CP Sec '9D 106.00 108.00 Cdn Util 'SI 103.00 110.00 OWNG 1008.00 110.03 Gulf Oil 'SO 105.50 Inter P P '38 107.00 109.00 Massey '80 106.00 108.00 Noranda '90 105.00 107.00 Int Nickel '90 106.00 108 .CO N and C G '91 107.00 10S.OO of Cdn 9Vi% '90 108.00 108.00 Tr Cdn P '90 108.00 110.00 Tr Cdn P 10% '90 110.00 112.00 CONVERTIBLES Alta G T 7te% '90 106.00 100.00 Cons Cos 5'A% '89 93.03 92.00 Dynasty 7 '82 105.00 111.00 Acklands '88 105.00 107'.00 Scur "Rain '88 93.00 92.00 WC Tr C 5Vi% '83 85.00 88.00 Trans 7'A% '91 107.00 109.00 The Stirling engine, invented by a Scoltish clergyman more than 150 years ago, is one of the power plants being looked into by the major car manufacturers in the search for the cleaner engine. The Stirling has been refin- ed (top) and uses hydrogen alternately heated and cooled to deliver power to trie pistons. The mockjp (bottom) shows the engine os designed for the Ford Torino, Pre- hedler and burner ore at the front with exhaust pipes at bottom and gas recirculalion tube extending upward to intake air blower. A combined water pump and power steering pump, belt driven, is located near the front and the alternator is at the rear corner. Crossword By Anthony Motse "TOOLING ALONG" ACROSS Gold futures WINNIPEG (CP) Gold fu- tures, U.S. funds, Winnipeg commodity exchange close Fri- day, Apr 73 C3.00A; Jly 73 84.40; Oct 73 85.70; Jan 74 87.20; Apr 74 88.40A. Thursday's volume: 20 con- tracts. R. ANGUS APPOINTMENTS L.L. (Vern) Holland K.B. (Kevin) Bishop Mr. J. A. Angus, President of R. Angus Alberta Limited is pleased to announce the appointment of Mr. L.L. (Vern) Holland as service manager of Ihe Lethbridge branch, and.Mr. K.B. (Kevin) Bishop as parts and service sales representative working out ol the Lelhbridge branch. The R. Angus braich in Lethbridge is the only heavy equipment service center south of Calgary that has a fleet of field service trucks, over 4000 parts line items in stock and capable of doing complete overhauls. Besides the Caterpillar line of equipment, R. Angus in Lethbridge is also a distributor for Atco Fold-A- Way Sleel BuiWings. Perkins Diesel Engines, Hyster Compaction Equipment and Dart Trucks and Loaders. PederLodoen, branch manager, extends an invitation to come in and meet Vern Holland and Kevin Bishop and see the facilities located al 717-Slh Ave. N. in Lethbridge. Mrs.' Nixon is 61 WASHINGTON (CP) Mrs. Richard Nixon had her 61st birthday Friday. She attended a breakfast meeting of her hus- band's council of economic ad- visers where, she said, every- thing was discussed, including the price of meat. LIVES WITH BULLET MOSCOW (Renter) Mikhail Persiyanov, 73, has had a bullet in his heart tor 5-1 years. Tass news agency said he was hit during (he civil war that fol- lowed the Bolshevik Resolution but has refused to have the bul- let removed by surgery. the 1 TitO 5 American author 11 Puie 17 Letter-in Mecca 21 Ancient Japanese 22 Dealer in frozen assets 23 Balzac 24 Logging sled 25 Philippine tiee 26 Petty gouger 28 "Damn Yankee" girl 29 Ease'off 31 Spanish port 32 one 33 Trealisti 34 Village near Verdun 36 Doctrine 37 Too bad 39 A heel in 1 Surety 2 Mature 3 "-ribbons 4 African native 5 Top mil. off. 6 It's time for- 7 Police department 8 Namesakes of Persian poet 9 maple tree 10 Business abbr. 43 Neckpieces 44 Drying container AS Beards 49 A couple of ducks. 53 Shelter 54 Caressed 55 Seventh: Spanish SS Casks 57 Shave 58 DJiffcull question 59 Mountain: pref. 60 Spikes. 61 Supicmc being to Leibnitz 62 Eagerness 63 What makes vehicle 64 Mountain creature 65 Stake out 66 Hideaway 67 Tough fabric 69 Supervised 70 Hangings 11 Sinic 12 Washed down 13 Pyrenees peak 14 Alone 15 Italian numeial 16 Poetic contraction 17 Finally 18 Circle 19 fruitless 20 Noilh Carolina cape 27 Latin poet 72 Eastern 73 Of age 74 Reached for 76 Feature of II Trovatore 80 Giant fmmortal 03 Injured 84 Chaiacterr islic 85 Mideast group '86 Mine: French 87 Willows 88 looks after 89 Sacks 90 Harsh 91 Cut fine 92 John (food fish) 93 Europeans 94 one's laurels 95 Before 96 Carpenter fish 98 Backward.s 99 Musical groups 30 Ceramic. worker 33 Dark cover 35 Kind of catfish 36 Raccoon-like animal 37 Oldslringed instruments 38 Precepts 39 Enervated 40 Opening 41 Miscellany 42 Drang nach G3 Took care '43 Frenchman of 45 Unadorned 64 Circuit U.S.subject 65 Fact CALL FRENCH FRIDAY a.m. FAT and FEEDER Cattle Sales Wednesday a.m. FAT and FEEDER CATTLE SALES MONDAY p.m. SPECIAL Feeder Hog and Baby Calf Sales p.m. SPECIAL STOCK CALF AND FEEDERS SLAUGHTER HOGS ASSEMBLED AND SOLD MONDAY THRU FRIDAY. WE BUY AND SELL fAT AND FEEDER IAMBS DAILY EXPORTERS OF SLAUGHTER HOGS EXCELLENT FACILITIES FOR FEEDING AND LOADING HOGS. CONSIGN ALL YOUR LIVESTOCK TO: C. E. FRENCH LIVESTOCK The Heart of Canada's Ranching Ph' Office 327-0101 327-3986 Alberta Stockyardl P.O. BOX S.S.1-7-7, LETKBRIDGE, ALBERTA ED FRENCH 328-3984 DAN KLASSEN 345-4358 KEN MILLER, MAGRATH 758-6607 LOU DEJAGER 345-4489 WHIT HENINGER...... 328-7354 94 Gills' nicknames Cacf 97 George III 98 Act of making over 100 Walks 102 baggage Hypocrite 105 Speechily 67 Is concerned G8 Tennis 101 Weapon: French 102 Sold out 103 Smell 104 Extra pay 106 Rectory 107 Badgerlika animal 110 Artificial satellite 111 Theater location 112 Large, small 117 Fruit tree genus 118 Galdonated small instrument 122 Yield 123 Brain 124 Former queen of Ton' 125 Hebrewwocd for "God" 126 Lust word .127 Pieces ol butter 128 Beetle 129 Deal with 130 McAuliffe word 46 Treat with 47 Required 49 Gambling game 50 Bay window 51 Conclusive 52 Graze 55 Types 57 Kind of bear 59 Joined 60 Test 61 Food lists 69 Stable mates 71 Fissures 73 Habits 74 Useful compounds 75 nidiculo 76 Wild buffalo 77 Modern crusader 78 Rowland 79 Rodents 81 Muscular 82 Covered with metal MOTOR HOTEL Welcomes you to Edmonton To help make your stay more would like to introduce you to all our facilities. MORE PEOPLE STAY AT THE RIVIERA- BECAUSE THE RIVIERA OFFERS YOU MORE! Write or Telephone "MOTOR HOTEL 5359 CAIGARY TRAIL 43-43-43.1 19 X 19, by AnneHaUoran 1 Indefinite quantity 5 Heavy volu me 9 Blemish 10 Tropical mammal ,11 Kopttcattlo? in line 13 Form in a row 14 Roof 15 Asian country ACROSS 19 2000 His. 20 Mimicked. 21 Awfuf 22 Scoff 26 Bernstein and othets 2G Equipment 27 Coffee 23 Young woman 20 Shouted encourage- ment 34 Attfaclivo 35 FStm bird 36 Egg-shaped 33 Hoise's hair 39 MaUired 40 Sends a telegram 42 Unit oi v.'o rk 43 Jvimpson one fool 44 Slant 45 Had food 46 Goby 47 Diewolf liquid 49. American Beauty 50 Dessert 51 Supcilalivo ending !j2 Heavy 56 Angry 60 Lost on deep water 62 Severe 63 Uncooked G4 Pennies 66 Continent 67 Subject 69 Speech 71 Whetstones 72 Travels 73 1973 74 Require DOWN 1 Lively horses 2 Skilf adjunct 3 Bearing Concluded 5 Bird's claw 6 Give an opinion 7 ana Bill" 8 Before: poet. 9 More than six 10 Mafceslace 1} Polar animal 12 Narrow fabric strip 16 Plunderer 17 Go up 18 Table supports 23 Makes corrections 24 Regret 28 Become larger 29 Dashed forward 30 Select '31 Assists 32 Wicked 33 Took a chance 34 BilloE (aie: Fr. 37 Regan's father 38 Mom despicable 41 Break short 43 Hurry 46 SticTiU's men 48 Three 49 Harvest 52 Said 53 FerlilQ spot 54 Song by three 55 Lawel 57 Sports area 114 Tibetan animal 115 Coircct 116 TVs 118 Com pass pt. 119 English prince 120 Wlian's Rest 53 Less wild 59 Female 61 Fruit of oak tree 65 Pennsy'v30' porf 67 Biblical pronoun 68 Garden tool SOl.UTtONS OF TREK'S rUZZI.15 CRYPTOGRAMS BnlGS GNOSKIGRO'N SLLIOSM DKEULY GROK, TJLM TINTYL. SLY BETHUI.A PTIISBE 'ESTNTN BInnldcy YINAMP ELHU'-DENY DETLOY DIMMET I.O YTH. Robert Bnmo AT I'REEPS ITTYESIY EGRUB OREG? N G R N B S U U T T A P S Y, U L E N G! -By Betty MunHy Week's Cryptograms Dublin movie ad: lively Romance Tonight, But Witchly Horror Tomorrow, Hcgnrra! palms off flimsy film on gullible .FOR RELEASE 1973 by Chicago Tribunc-N.Y. Hows Synd. World RieMs Reserved ;