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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 24, 1973, Lethbridge, Alberta Saturday, March 24, 1973 LETHSKIDGE HERALD 2i Five per cent decline from previous record year World wheat crop for 1972-73 forecast at 303 million tons LONDON (AP) World wlieat production in the 1972-73 crop year was forecast Thurs- day at 303 million tons by the International Wheat Council. The council said this was about five per cent under the previous year's all-time high of 319 million tons, but still the third largest world wheat crop ever. Figures for China were not available. A good crop of about 1.4 mil- lion tons of wheat from the nine-member enlarged Eu. ropean community, an increase of 1.3 million tons over the pre- vious year, is helping offset poor performances expected in other West European countries. Wheat production in the So- viet Union is expected to be lower than last year, the coun- cil said, but exact figures weren't available. The council estimated Soviet production at 80 million tons, down from 98.7 millions. Elsewhere in Eastern Europe it is marginally higher at 24.9 million tons, up from 24.6 million tons. North and Central America are estimated at 42 million tons or million bushels or some two million tons or 73 mil- lion bushels higher. Canada is million on the pre- vious year and expected to pro- CONTRACTORS MUNICIPALITIES TRAINEES JOIN THE BIG PUSH Earthmoving Equipment Operators Courses com- mence April 16th and 30th. These special Courses held at Vermilion College, in co-operation with Alberta Roadbuilders Associa- tion are offered under the Alberta Government's Pri- ority Employment Program, where under certain con- ditions trainees may qualify for free tuition. Tbe 6 week long Courses provide complete instruc- tion in Earthmoving Equipment Operation, from lab sessions, films, lectures, demonstrations, to field opera- tions, maintenance procedures and first aid and safety techniques. In the past, students completing these programs have been accepted in excellent positions across Can- ada and the Northwest Territories. The Alberta Road- builders Association will also assist in the placement of graduands. For full details and applications contact: The Registrar Vermilion College Vermilion, Alberta TOB 4MO or phone 853-3366, ext. 54 duce 14.5 million tons or 533.3 million bushels. Good weather conditions in Argentina have resulted in 8.1 million tons, some 2.7 million tons up on the previous season. Brazil, however, in bad weather conditions, has suffered a set- back reversing a five-year trend of constant rise. The Bra- Textile industry outlook brighter >dlbsrra ADVANCED EDUCATION TORONTO (CP) After several years of only mar- ginal growth, Canada's textile industry appears on the verge ot strong gams In 1973. Although many of the prob- lems that plagued the in- dustry in past years are ex- pected to continue in 1973, analysts say that major pro- ducers have taken steps to prevent further losses. Wood Gundy in one of its in- vestment letters says there are many encouraging signs for the textile industry and hi particular the outlook for car- pets is excellent. The investment firm also says the apparel market will benefit -from increased con- sumer spending, reflected in higher retail sales. The recent federal budget provided a further boost to a major segment of the apparel market by eliminating the 12- per-cent federal tax on chil- drens wear. The government has also imposed quotas on lower-priced imported knitted, goods. Severe pricing problems and over-production ham- pered the textile industry's growth in the past and pro- ducers now are keeping lower inventories as a safeguard against sudden price slumps and shifts in consumer de- mand. Carpet manufacturers re- ported sharp sales increases in 1372 and several analysts HAROLD CLEMENTS ESTATE Farm Auction Sale 2Vi MILES WEST OF HIGHWAY NO. 3 FROM BARNWELL, ALBERTA FRIDAY, MARCH 30th 11 a.m. LUNCH AVAILABLE Having been favoured with from the Harold Clements Estate we will offer for tale following line of farm machinery as listed which Is merely a guide and in no way a warranty or guarantee as to condition or and is subject to additions, deletions, vrrors or minor as you may find them the day of trie safe. TERMS CASH the day of the saEe, with Mttkmtnl In full before removal from the farm. TRACTORS model 730 row crop flas tractor with hydraulics and live p.t.o.; model 560 standard dieiel tractor with hydraulics and Deere Model M tractor wilh beet cultivator; model 140 row crop tractor wilh beet cultivator; model M row crop tractor with p.t.o. and hydraulics. SUGAR BEET EQUIPMENT 2 row beet harvester with 2 row I.H.C, and Kirchener whip per (lo be sold as John Deere No. 66 beet drill, 4 row; model E beet harvester with Cose mounting brackels, MACHINERY ft. Success land leveller; 1-Weed sprayer with XO ft. booms; Deere side delivery rake; Ferguson No. 3 p.t.o. J 10 ft. chisel plow; 1 John Deere 9 ft. double disc; 3 ft. of crowfoot packers; 1 John Deere 3 furrow plow converted to hydraulics; 9 sections of diamond harrows with draw bar; plow type potato digger; LH.C. power mower (needs 1 scclian of 4 ft. crowfoot packers; Deere 11 ft, rod weeder; spring tooth harrows; Sections dia- mond harrows wilh steel draw bar; harrows; Deere 14" 2 boltom plow; Garden seeder; Deere 12 fl, tiller. COMBINES AND SWATHERS Harrjj model 82 self propelled combine with Mc- Coy .Renn pickup; Deere No. 55 combine with pickup and good molor; Karris pull type swather; pull fype 121 swather. SHOP TOOLS AND MISC. ITEMS of tricycle wheels to fit Massey tractor; Quantity of wrenches, log chains, forks, shovel, beel hoes, irrigation dams, and many more items loo numerous to mention. FUEL TANKS gaf. double compartment fuel tonk wilh wood itand; 1-100 gal. Iruck fuel lank wilh pump. IRRIGATION EQUIPMENT mile of hand move irrigation system consisting of: 33 cenlro rise pipe, 33 end rise pipe, 16 mafn line with half with valves; Waksshaw natural gas power unit wilh Paramount high pressure pump; 1 Garden sprinkler outfit with 2" pipe ond gas molor pumping unit. TRUCKS 1-1964 Mercury Vi ton truck; G.M.C. 3 ton truck wilh 2 way dump beet box wilh stock racks; Chev- rolet 3 ton truck wilh 2 way dump be el box with stock racks, wirh rebuilt motor fast fall ana" new front fires. HOUSEHOLD. ARTICLES Several labour house beds; and chairs set; Cai cook stovej fawn mower. SALE CONDUCTED BY HANDLEY AUCTION AND ENTERPRISES LTD. BOX 105. COAIDAIE, AITA "Serving the Soulh by Word of Moutn" For further information Phane 345-3514 or Owntr. LES HANDIEY WED BURTON tOOER HANOLEY Lie. No. 010120 lie. No. 00561S Lie. No. 010131 Remember weother H no problem In our plasllc tent. are growing more slowly than domestic products. Wood Gundy says increased personal income, increased housing activity, higher re- placement demand and a growing contract market will stimulate growth in the car- pet industry. Consolidated Textile Mills Ltd. is one company recom- mended by several in- vestment firms based on the prospect of a strong recovery in 1973. The company's [abric operation is primarily ori- ented toward casual and leis- ure garment markets which are less vulnerable to low-cost Imports. The stock closed Wednesday at A 17-per-cent increase in firs t-halj earnings has prompted some analysts to suggest the purchase ot shares ot Dominion Textile Co. Ltd. The company recently purchased the 50-per- cent interest in Esmond Mills, Que., it did not already own and investment firms are pre- dicting per-share earnings of this year compared with 92 cents in 1972. Dominion Textile traded Wednesday at Investment firms continue to recommend shares of Har- ding Carpets Ltd. The com- pany had a 93-per-cent in- crease in profits in 1972 and has improved its profit mar- gin to 6.3 per cent, up from 3.9 per cent in recent years. The stock traded Wednesday at zilian crop was tons, down from two million tons the year before. Taken as a whole, South American production in the cur- rent season is estimated at million tons, an Increase of 1.2 million tons over the previous season, the council said. The Asian crop is estimated at 56.6 million tons, up from the previous year's 51.5 million tons. This rise was mainly ac- counted for by India, the coun- cil said. India's wheat crop rose to 26.5 million tons from 23.8 million tons. Syria' also is making greal Bahson's Report says do- mestic carpet production "holds 90.2 per cent of the Ca- nadian market" while imports i. JACOBSEN Farm Auction Sale 12 MILES SOUTH, 2 MILES WEST, 1 MILE SOUTH OF FORT MACLEOD, ALBERTA THURSDAY, MARCH 29 12 NOON ieadway with 1.8 million tons estimated up from tons. Iraq also is ex- pected to yield 2.5 million tons, up from tons. Pakistan at 6.5 million tons shows a mar- ginal improvement. Declines are expected in Tur- key, where 12.E million tons will be one million tons less than In the previous season. The Japa- nese crop is expected to fall to tons from tons. African wheat production is estimated at 9.7 million tons, up from 8.9 million tons the year before. There were increases in most countries with exception ol Egypt where the crop esti- mated at 1.6 million tons will be tons less, the council said. Turning to world wheat stocks, which not so long ago had reached world highs, the council said that closing stocks in the seven major exporting area Australia, Canada, the original six mem- bers of the European commu- nity, Spain, Sweden and the United likely to fall at the close of this crop year to 29.5 million tons, 20 million tons ess than at the end of the pre- ious season. The council said this was their lowest level in 21 'ears. Closing stocks in Canada are ixpected to drop 42.5 per cent o 9.2 million tons or 338 million jushels and in the United States by 49 per cent to 12 million tons or Ml million bushels, the coun- cil said. Poor get poorer their approximate prices are: Bruck Mills Ltd. Peer- less Rug Ltd. and Bay Mills Ltd. Tax system favors Vicfi9 OTTAWA (CP) A study for the Economic Council of Can- ada concludes that the tax sys- tem ensures the rich get richer while the poor get poorer. The tax clout, the study says, although it Is supposed to hurt the rich more than the poor, just doesn't do it. Low-income family units are paying a disproportionate share of the taxes levied by all levels of government." The study, although based mainly on figures for 1969, is critical of the tax reform bill that went into effect last year. Capital gains, for example, now taxed at half the regular rate of personal income tax, to little to even out the burdens shouldered by all Canadians, the study says. It reaches this main con- clusion: Twenty per cent o family units at the lower end o the income scale receive four per cent of total income, half o it in some form of governmen transfers. The richest 20 per cent of family units receive 4 per cent of total income." Yet the effective tax takes a bigger bite from an income level of to than i Joes from levels above that, >ays the study by Allan M. laslove of the council staff. There is an "extremely regr- essive nature of the tax system at the low ends of the income the report says, and a ack of any catch-up effect from there to the top income levels. Main blame is laid at the fed- eral government doorstep. Because it is the main eollec- or of taxes based on income, the total amounted to aboul four per cenl. But The highest fifth ol all family units receives about 47 per cent of broad income ant about 44 per cent of full in- come." Taking 1969, the study said Canadians paid billion in billion to Ottawa, K billion to the provinces and billion to municipalities. 1EASE BEATS BUYING! Forget the worry of financing vehicle obsolence, LEASE THIS 1973 TORINO 4 dr. Pil H.T., V8, outo, P.S., H.D. susp., wheel covorj 36 mo. net mile. PER 70 MONTH LEASE THIS 1973 PINTO SQUIRE WA6ON Auto, radio, roof rack 36 mo. net mites QQ PER MONTH LEASE THIS ECONOL1NE CARGO VAN, 123" w.b., 302, auto, H.D. 36 month ne mile OB n PER MONTH 7O.U GET YOUR ONE BEST DEAL supEnar motors PH. 223-3537-TABER he central government has nore opportunity than the ower levels of government to mgage in taxation that really shares the burden equitably be- tween rich and poor, the study says. The study broke income into two income, de- scribed as including such gov- ernment transfers as unemploy- ment insurance benefits and welfare payments, and broad income, excluding such pay- ments. Full income is distributed more equitably than broad in- come, it said. "When Canadian family units are ranked by income, the low est 20 per cent received about two per cent of total broad in- come." On a full income basis, TERMS CASH the day of the sale, with settlement in full before removal from the (arm GRAIN HANDLING EQUIPMENT Grain treated, 9 h.p. B S motor; Flex hopper; Malco 27 ft., 6 inch auger wilh B. S. 9 h.p. Robin 24 ft. 6 Inch auger; Massey Harris grain grinder. TRUCKS AND EQUIPMENT 1960 GMC No. 960, 13 ft. steel box, Renn hoisl 900-20; Stock racks for step side Chev half-Ion; Stock racks for style side GMC half-ton; ground grip tires. HAY EQUIPMENT Massey Horn's No. 3 bafer 24 ft. Malco bale elevalor TRACTORS T967 3020 with ccrb, ten hours on new motor. New Idea front end loader. Massey Harris No. 55 gas, PTO belt pulley. TILLAGE EQUIPMENT 12 ft. Craiy Harrows (like 18 ft. flex Harrows, steel drawbar; John Deere No. 400 12 fl. rodweeder; IMC 12 fl. rodweeder; J.D. 10 fl. double disc; 12 II. Viclory blade, 3 standards with new blades; Cockshult No. 247 12 ft. chisel plow (new 12 fl. J.D. hoe drill, 7 inch spac- ing with fertilizer allachments; Golden Arrow 32 ft. sprayer; manure spreader, rubber tfres; Rubber tired wagon (8-14 FUEL TANKS 500 gal. single compartment with steel stand 500 gal. two compartment with wooden stand HOUSEHOLD 2 burner eletlric stove wifh oven; 4 burner propane stove; Electric washing machine? 2 beds; numerous other household articles. CATTLE 1 young Angus cows to coif In April 1 five year old Angus cow 1 7 year old Angus cow wilh bull calf at sido 3 coming 2 year old Angus heifers to calf in April All foregoing animate artificially bred to top Angus built 3 yearling Angus bull {Marshall breeding) HARVEST EQUIPMENT 15 ft. Versatile No, 103 SP (new condilion) 14 ft. Case No, 600 SP combine cob and pick-up MISCELLANEOUS Galvanized water trough; 3 feed Irought 16 fl. long; Cattle trimming stocks; Screw jacVj 8 hole Bealty hog feeder; 4 MoJaisei barrels; Quantity of burning barrels; 100 fl. of heavy duty extension cord; shovels chains, shop tools and othfir articles too numerous to mention. SAIE CONDUCTED BY HANDLEY AUCTION AND ENTERPRISES LTD. BOX 105. COAIDAIE, AITA. "Serving the Soulh by of Mouth" For further information Phone 345-3534 or Owner LIS Lie, No. 010120 AUCTIONEERS: FRED BURTON Lie. No. 005615 ROGER HANDLEY Lie. No. 01012! US BERES Farm Auction Sale 2 MILES SOUTH AND 6 MILES EAST OF COAIDAIE (ACROSS THE ROAD FROM THE READYMEADE SCHOOL) COALDALE, ALBERTA TUESDAY, MARCH 27th -1 p.m. LUNCHED SERVED Having been favoured with instructions from Mr. who has retired from farming, we will offer for tale the fol- lowing line of farm machinery as Listed below, which merely a guide end in no way a warranty or guarantee at fo condition or age and is subject to additions, deletions, errors or minor changes os you may find ihem the day of the sale. TERMS: CASH day of the sale, with settlement in full before removal from the TRACTORS Deere model 820 standard 1958 tractor with cab; Case 1959 model 800 row crop tractor with 3 point hitch; Model B tractor. COMBINE AND SWATHER Massey Harris model 27 combine model 161 self propelled swalher IRRIGATION EQUIPMENT x 40' Oliver hand move pipe wilh centre risersi x 30' Oliver pipe model 251 stationary motor, natural gas (good shape) model B4J 5" x 6" pump; Selection of valve openers and T. Z elbows; screen; MACHINERY ft. John Deere hoe drill 7" wilh fertilizer atlachment; ft. candy fertilizer spread; ft. Cockshutt model 246 chisel plow? Harrii 14 ft. tandem disc Hike new) wilh knock pans in front; point hilch 16" Oliver plow; Deere No. 500 rod weeder; Harris No. 10 baler; of diamond harrows with steel draw bar; of diamond harrows with steel draw bar; of flex harrows wilh steel draw bar; 1 Malco pop up bale loader; J ft. sfack bale elevator; Neufeldt 10 ft. land levellor with steel rollers; of Crowfoot packers; fl, spring toolh harrows; 10 "ft. wheel rake; semi-mounted 7 ft. mower; ft, Mayrath loader with Wisconsin motor; 1 4" x 20 fl. Mayralh ouger wilh 16 h.p. eleclric motor; x 12 ft. Mayralh auger with h.p. electric motor; ft. Inland weed spray- er; 1 Kirchner ft. dilcher; ditch filler. TRUCKS 3 ton truck wilh hoisl and 13 ft. beet box. Chevrolet 60 series 3 ton truck wilh 14 ft. beet box. SUGAR BEET EQUIPMENT Deere No. 66 6 row beet drill; row 3 point hitch beel cultivator frame with complele set of tools; 1 Kirchencr 2 row harvester; Kirchener 2 row lopping unilj 2 row lopping unit with rake. STORAGE TANKS gallon double comportment fuel tank with steel stand, gallon single compartment fuel tanks ,cne wilh gallon fuel tank' trailer with pump. gallon propane tank. SHOP TOOLS AND MISC. ITEMS Quantity of barbed wire; Quantity of cedar posts; 1 12 fl. x 16 ft. tarp; torch; Quantity of wrenches, pliers and many more shop tools too numerous to mention. HOUSEHOLD refrigerator; Quantity of beds. SAIE CONDUCTED HANDLEY AUCTION AND ENTERPRISES LTD. BOX 105. COALDALE, ALTA. "Serving South by Word of Mouth" For further information Phone 345-3534 Hit Owner AUCTIONEERS: LES HANDIEY FRED E-URTON ROGER HANDIEY lie. No. 010120 lie. No. 005615 lit. No. 010121 Remember the weather Is no problem In our plastic tent. JOHAN KONYNENBELT Farm Auction Sale 5 MILES WEST AND 1 MILE SOUTH OF NOBLEFORD, ALBERTA WED., MARCH 28-10 A.M. LUNCH WILL BE SERVED Having been favoured with inttructions from Mr. Johan KonyneTibeltr who hat retired from farming, wo will offer for Mile rne following line of farm machinery as listed be- low, which It merely a guide and in no way a warranty or guarantee as to condition or and is subject to or minor changes as you may find them the day of the lale, TERMS; CASH the day of the tale, with settlement in full removal from .he premisfti. MACHINERY wheel heavy Jury tractor; ft. Graham wing style plow heavy 1" shank; wheel car trailer gal. fuel tank; furrow horse plow; I.K.C. 3 fl. one ways; 12 fr. rod weeders of diamond harrows; fl. smalt packer; ft. Melroe pickup; post auger; Karris super Six front end loader; plow; Deere 7 fl. power mowej-; wheel flat deck; master 14 ft. rod weeders; 1 5 bottom plow lift or mech- anical; ft, Williamson blade; ft. field cultivator; blades 11 ft. hilch; ft. crazy har- row; Deere hammer mill p.t.o. on transport; driven field bole loader; ft. bale loader; clear view cab for tractor; ft. crazy harrows; ray 2 yard earlh scraper; Massey Harris 16 ft. wide level seeder; of packers; bus. small size I.H.C. manure spreader; model TDH 14 heavy duly dual wheel double disc; clearance victory blade; swath roller; rod weeder attach; fl. groin auger; ft, grain auger; auger; ft. x 4" auger; filler h.p. gas motor; auger hopper; 4 extensions for case chisel plow. TRACTORS Deere model 830 dies el tractor Model TR9 Wagner Iraclor Cummins diesel motor, transmission and power train overhauled. Model 7D9 Caterpillar tractor r.p.m. p.t.o, track (aprox. 3274 hourO SWATHERS 18 ft. pull type swother double swath attach. 20 ft. model 103 self propelled swather. TRUCKS Dodga 3 ton truck and 300 bui. box and stock racks; 1 Maple Leaf 3 ton truck and hoist; Fargo 2 ton 1-1947 I.H.C. 2 ton truck [repairs; 1 1954 Mercury 1 Ion Iruck 1-1942 4 wheel drive army truck speed trons. and ford molorj 1 I.H.C. model K5 3 ton truck HOUSEHOLD ARTICLES tables and chairs; complete; electric cream separator; pasleuriier; brooder; Coa[ range; 1 heater; heaters; Etectrfc vacuum cleaner; 1 Cole man gas stove; man gas lanterns; Col email gas lamp; egg grader; brooder. FUEL AND WATER TANKS gal. fuel tank, single compartmenl; gal. fuel tank; gal. water tank; 1 1000 gol. water tank. SHOP TOOLS AND MISC. ITEMS forge; hi-pressure hydraulic sy- stem controls; f-irps truck jacks; 1-Hydraulic bumper jack; Quantity of Iruck tires from 6.15 up to welder sion cable; anvil; drill; vise; ram; pipe wrench; clamp; vise; jocks; Quonllly of electric motors; 1 p.t.o. pump; 1 eleclric drill; 1 8" electric hydraulic rams; electric 3 h.p. motor ft. cable; irrigalion pump; gun filler; h.p. gas motor; h.p. gas motor; 28 sweeps for Cose and Graham pfow; sharpened posls; bd. ft. of mixed lumber; Chain hosil; sharpener; 1 Sleel water Trough; shovels sprayer pumps; tap and die sel. Quantity of log chains, shovels, wrenches, socket sets, and many more shop tools and miscellaneous article loo numerous to menlion. SALE CONDUCTED BY HANDLEY AUCTION AND ENTERPRISES LTD. BOX 105. COALDALE, ALBERTA "Serving tha Soulh by Word of Moulh" For further Information 345.3534 or the owner ItS HANDIEY lie. No. 010120 AUCTIONEERS: BURTON lie. No. 005615 ROGER HANDLEY lie. No. 010121 ;