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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 25, 1972, Lethbridge, Alberta Business Spotlight Drug industry week prices ---------------Saturday, March 3J, 1972 THS lETHSRIDGf HERAID _ 23 CARD OF THANKS big bi isiness MONTREAL (CP) pharmaceutical industry is big business in Canada employing more than persons di- rectly and creating for an additional in firms supplying sales and services. One growing part of Hie indus- try is the manufac- turing and research complex that was completed in 1963 in nearby Kirkland by Charles E. Frosst and Co. and Merck Sharp and Dahomc Canada Ltd. Tte two firms were linked in 1965 following acquisition of Frosst by JvXrck and Co. Inc. of the United Slates. Frosst and MSD Canada are now member companies of Merck Sharp and Dolwmc International, one of the six divisions of the parent Merck company. The Kirkland plant handles production, packaging, ware- housing, quality control, re- search and general administra- tion frr the two firms who em- ploy COO persons in the plant and another 200 across the coun- try. Total sales for the two firms in 1870 was more than mil- lion. MSD Canada produces drug products in the cardiovascular, inflamntory and psychothera- psuiic fields and also vaccines. The company also produces a wide range of animal health producls, industrial chemicals and isotopes. Frcssts products include an- algesics, chemotheraphy and antibiotics, vitamins and miner- als, hormones and radioactive chemicals. The two firms will spend nearly million this year on original research ventures. More than million is esti- mated to have spent by pharmaceutical companies in Canada last year on research and development. A research program takes years to complete and from lo SV million is needed to put one product on the market. By PKTKH LKICHNITZ Canadian Press Staff Writer Canadian, stock market recorded one of their most lack lustre performances of the yea this week as prices continued tc drop lower in light Irading. Analysis said the absence o j any cncouragmg economic new which would revive markets has I resulted in many investors with Bond prices Supplied by Doherty McCuaig Limited GOVERNMENT OF CANADA BOND WS'M Sept. 1, '72 93.60 100.11 5'M'a Oct. 1, '75 fl Jill. 1, '78 108.00 107.CC 414% Sept. 1, '83 B0.25 Perp. 3 Sep. 15 40.00 42.M Apr. 1, 100.50 101.0C 7Vi% Jul. 1, '75 102.50 103.y SliCc Sept. 1, '92 81.00 85.0C PROVINCIAL GOVERNMENT OF CANADA GUARANTEED BONDS Sells building RAYMOND (HNS) One of the first buildings on main street, owned by G, N. Wells, has been sold lo Val Grbavac. When the work of renovation Is completed, Raymond Bil- liards will move into it. H. H. Smith Ltd. Customs Broker 263-80101 KINOSOATE 323-81.11 COUTTS fhono 344-3B21 halted talks WASHINGTON CAP) Presi- dent Nixon says he personally ordered (he Paris peace tslks suspended because North Viet- nam has conducted a filibuster for propaganda pur- poses. "I am not saying that this move is going to bring a nego- the president said in an impromptu news conference Friday afternoon. "I do say, however, that it was necessary to do something to get the talks off dead centre and to see whether the enemy continued to want (o use the Uilks only for propaganda or whether they wanted to negoti- ate." He also told reporters tdiat the United States will return to tile peace talks when the North Vi- etnamese indicate they will ne- gotiate seriously. While expressing skepticism about the Paris talks, Nixon gave an assessment about arms limitation negotiations with the Soviet Union that appear (o con- tain optimism tempered by some doubts. PROSPECTS GOOD Of his forthcoming summit meeting in Moscow, he said: "At this time the prospects for UK success of this summit trip are very good." Mrs. Auger dies at Calgary CALGARY (CP) Mabel C. Auger, long time resident of the Calgary area, died Friday at the age of 91. The mother of Fred S. Auger, publisher of the Vancouver Province, was born in Ontario and moved to Okotoks, Alta., in 1900. Mrs. Auger and her husband, Albert, came to Calgary eight years later. Mr. Auger died in 1921. (1 Albert a Ontario Ont Hyd New Br Nilrt N. S. 6Vi% Quebec 731% A'.berta We'i MM Hyd 8 Sask RWv Nfld 914% ACT 8 Man Tel 8 'SO ICn.Cfl 107.1X1 '88 M.OO 95.M '91 1W.OO I10.0H '90 109.00 111.00 74 lOl.Oa 103.00 '92 83. CO 90.0C '74 101.00 103.00 '90 103.00 lOfi.OO '91 S9.00 101.00 '90 lOo.Ofl '90 108.00 110.00 '74 103.00 105.00 '74 103.00 105.00 INDUSTRIALS 9'.i% 9W3, Alta G T Alcan 9% B.C. For 9 B.C. Tel Bell Tel Bell Tel CP Ltd CP Sec Cdn Util CWNG Gulf Oil Inter P P 9% Massey Norr.nda Int Nickel Q N and C G 9'.i St of Cdn 9V1 Tr Cdn P Tr Cdn P 10 'SO 106.CO 108.00 '91 1C6.CO 108.00 '92 106.60 108.50 '90 105.50 I07.5fl '79 106.00 108.00 '93 109.00 110.00 '89 106.00 107.00 lOi.OO 106.00 '01 103.00 108.05 'SO 107.00 109.00 90 103.00 106.0T '90 106.00 108.00 '80 10-1.00 108.00 '80 107.00 108.CO '93 107.00 108.09 '91 107.00 109.00 'SO 108.00 108.00 '90 107.00 109.CO '90 103.00 110.00 BOOKEEPER TYPIST Required by LUMBER and BUILDING SUPPLIES FIRM Must bo able lo liandle a complete set of account- ing records plui be proficient in typing. Experience desfrable. Please supply references. Salary commensLrale with qualifications and experience. Apply In wriling to; P.O. BOX 512 LETHBRIDGE CONVERTIBLES Alta G T 7'i% '90 135.00 138.00 Cons Gas 514% 'IB S3.50 98.50 Dynasty 7 '82 98.00 Ackknds '88 93.00 93.00 Sour Han 7Vi'.i '83 91.0 93.00 Tr Cdn P 5 '89 105.00 107.00 WC Tr C 'S3 101.00 103.00 WC Tr '91 133.00 135.00 WF98a koioliseiycryrvsv mar2'ly By Gene Fawcettc YOU CAN NOW WEAR A TINY ALARM THAT TELLS YDUWH6NXX) ARE NOT SITTING, STANDIWS OS WALKINS PROPERLY. THE INSTRUMEMT-WHICH MAYBE WDRN UNDER CLOTHING- TENDS TO ENCOURAGE PSOPSR POSTURE ANP IM- PROVED MUSCLE Spfeway Shelter Systems Ltd. Production Worker TRAINEES required by one of Canada's major of relocatable homes and industrial camps. Contacf your CANADA MANPOWER CENTRE or visit Mr. C, B, Thomas, Personnel Safeway Shelter Systems Ud. Industrial Airnorf, Clmeiholm, Alberta THE HOTEL WITH MORE TO OFFER AND WE NOW HAVE COLORED TV For Your Convenience in Making Reservationi CAU AND ASK FOR IONG DISTANCE 7Enilh 0-7255 fluids 114 Strong 1I5Skin 116 Oboe 118 Family man 119 Have beinfl 120 Last Spanish Queen 121 Sciemisis' milieu1 71 Fasting season 72 Obligation 73 Curve 74 VehicH 75 Strikes 77 Explorerof W. Am-'ica 81 Basic: abbr. 83 Heap 86 Blrminh 87 Card 83 Prsvarican CRYPTOGRAMS S.RPPRJGFBW L Z O V S X U fc HXUTCIfJXP OGTW' M P Z A G H W G L S R T, A B C J W V B G Z W P F B W Kf LXCP 2. APEX ZPD X V X M Y R X U X J W R O X R P Y R M By Virginia Brass Y M M S n Tin D O X D C A P S B If I, OX OUL XBXEXZ OUL CXX Y 1 By V. B, MARCH 26, 1972 Ijist Cryptogams 1. Merry entomologist large army anta "G, I. a n 1 2. One ingenuous charmer Tiax genuine charisma. 3. CompTcte reliance upon ono computer operator is seldom rerommendccU 4. Wise old barn owl once Kit in cat-bird seat. 5 Query: If skunk lacked scent could it not ask quarter from 1972 by Chicago Trihtme-N.Y. News fnc. World Rlfihls Reserved ;