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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - March 27, 1971, Lethbridge, Alberta X i imm i: Business Briefs TRUDEAU TO SPEAK TORONTO (CP) - The 100th annual meeting of the Canadian Manufacturers' Association here June 6-8 will near Prime Minister Trudeau as guest speaker on the final day. The association ays the program theme features? Canadian and international speakers concentrating on "the problems and challenges of the day and their meaning for tomorrow." WORKERS TO RETURN QUEBEC (CP) - Gaspesia Pulp and Paper Co. Ltd. says the 526 employees laid off last Saturday from a newsprint mill at Chandler, Que., wUl be returned to work April 5. The mill was closed temporarily because of reductions in demand for newsprint and a resulting need for inventory adjustments. Gaspesia is a member of the Price Group of companies. COMPANY GETS LOAN TORONTO (CP) - Bio-Research Laboratories Ltd. of Point Claire, Que., has been loaned $144,583 to construct a plant in Gloucester Township, Trade Minister Allan Grossman of Ontario announced recently. The loan will be used to help build the $495,000 plant on property already occupied by an associated company. EARNINGS DOWN TORONTO (CP) - Falcon-bridge Nickel Mines Ltd. re- SHOPPING CENTRE FERNIE, B.C. NOW COMPLETED offers opportunities for selected tenants. Furniture and Appliancit, Man's and Ladim' Wear, Hardware, Dry Claiming, Flower Shop, Restaurant, Orocery and Meats, and number of variaty stores. The contra has a number of prime national tenants. This Shopping Centre is located in a new billion dollar coal mining and forestry industry captital . . . The City of Fernie, B.C. which now dustry capital . . . The City 15,000. Enquiries, to. i LUCAYA DEVELOPMENT CORP. LTD. No. 425 - 510 W. Hastings, Vancouver, B.C. 6C6-5939 ports net earnings of $43,879,000 or $8.88 a share for 1870, down about 6.3 per cent from $46,806,000 or $9.51 a share the previous year. Operating revenue was up about 17 per cent to $160,674,000 compared with $137,611,000 in 1969. Increases in labor and supply costs and losses on Canadian dollar exchanges were among reasons cited by Marsh A. Cooper, company president, for lower net earnings. Bond prices Supplied by Ooherty Roadhouse and McCualg Bros. OOVUNMINT OF CANADA SONDI OOVMNMIHT OF CANADA QUARANTtlD BONDS Cwit Mirtt Rhvy* BM Asked VA% Sept. 1, '72 99.40 100.10 5%% Oct. 1, '75 100.25 101.25 8 % Jul. 1, '78 109.00 110.00 4,%% Sept. 1, '83 84.00 85.00 6%% Apr. 1, '75 103.75 104.75 7*4% Jul. 1, '75 106.25 107.25 Alberta Ontario Ont Hyd Quebec Alberta Man Hyd Sask AGT Man Tel FKOVINCIAl 8%% '90 106.00 7 % '88 94.75 9 % '94 105.75 7%% '74 102.75 8%%- '90 108.25 8 % '91 100.50 83/4% '90 108.50 8 % '74 102.75 8 % '74 102.75 INDUSTRIAl Alta G T 9'/4% Alcan 9%% B.C. For 9%% Bell Tel m% Bell Tel 9%% CP Sec 9%% Cdn Util 9%% CMHC 9%% Gulf Oil 8%% Inter Prov 9%% Massey 9%% Noranda 9y4% Int Nick 9*4% N and C 9*4% Steel Cdn 9Y*% Tr Cdn P 9%% Tr Cdn P 10% 90 125.00 '91 105.00 '92 102.00 '79 105.50 '93 106.50 '90 102.00 '91 103.00 '90 103.00 '90 104.50 '90 106.00 '80 100.00 '90 105.00 '90 106.00 '91 102.00 '90 106.00 90 104.50 '90 106.50 coNvnrmiH Alta G T 7%% '90 125.00 Cons Gas 5*4% '89 96.00 Scur Rain 7*4% '88 96.00 Tr Cdn P 5 % '89 106.00 WC Tr E 5%% '88 90.00 WC Tr 7%% '91 112.50 Dynasty 7 % '82 60.00 Acklands 7*4% '88 77.00 108.00 97.25 108.25 105.25 110.75 101.50 108.50 105.25 105.25 127.00 107.00 103.00 108.50 104.00 105.00 105.00 107.00 102.00 106.00 107.00 103.00 107.00 105.50 107.50 127.00 97.00 97.00 107.00 92.00 113.50 70.00 82.00 OFFCE OPENING! ACCOUNTING AND INCOME TAX RETURNS Peter Huising Accredited Public Accountant 2018 2nd Avenue North Bus. Phone 328-6973 Res. Phone 328-3233 DOWTOWN PREMISES FOR LEASE  3200 sq. ft. ground floor (no basement)  Half block North of Post Office, presently occupied by Royal Trust  Suitable for offices, retail sales, professional services  Available 1st June, 1971 Phone 328-1761 Royal Trust MclNTYRE PORCUPINE MINES LTD. COAL DIVISION REQUIRES 1. MINE SURVEYORS Succesful applicants will have a minimum of 12 months experience underground in operating transits, levels and making co-ordinate surveyi. 2. HEAVY DUTY MECHANICS A minimum of four years experience required to effectively maintain heavy equipment including D7 and D8 Cats. Journeyman status preferred. Mechanics must own tools. 3. COAL MINERS Experienced underground coal miners with a minimum of six months experience. 4. HEAVY EQUIPMENT OPERATORS Able to operate all types of road building and strip mining equipment. Excellent employee benefits, located near the new town of Grand Cache, 90 miles northwest of Hinton. FOR MORE INFORMATION APPLY TO: Mr. B. Roberts Industrial Relations Superintendent Mclntyre Porcupine Mines Ltd. Box 2000, Grande Cache, Alberta. 530 new jobs expected Business Talk �HI srj|y iTt^p CINCE the Regional Devel- opment Incentives Act was passed by the federal government in 1S69 the government has agreed to pour $2.8 million into southwestern Alberta to establish new industry and to help existing industry expand. The nine businesses which so far have been offered assistance have total capital expenditures of $10.4 million and are expected to create 530 new Jobs. Some of the projects are completed and in operation, others are being constructed and some are delayed for different reasons. Those who qualified for grants include: Kainal Industries Limited at Standoff, a new plant valued at $1,334,800 creating 150 jobs for the n\anufacture of prefabricated houses, campers and mobile homes, was granted 20 per cent of the capital costs plus $4,000 for each job created for a total grant of $866,960. Vauxhall Foods Limited $1,-588,300 potato processing plant at Vauxhall, creating 75 new jobs, receiving a grant of 12 per cent of capital costs and $2,000 for each job for a total grant of $340,596. Swift Canadian Co. Ltd. new $3,551,000 beef slaughtering and processing plant at Lethbridge received 12 per cent of the capital costs plus $2,000 for each of the 128 jobs created for a total grant of $682,120. Aqua Tech Limited's new $207,600 activated carbon plant in Lethbridge creating 16 new jobs qualified for 10 per cent of capital costs plus $2,000 for each job resulting in a $52,760 grant. Lakeside Milling Limited's $568,450 plant expansion at Brooks for livestock and poultry concentrates creating 14 new jobs qualified for 15 per cent of capital costs plus $3,000 per job for a total grant of $127,268. Lakeside Packers Ltd., $695,-600 packing house processing plant at Brooks qualified for 15 per cent of capital costs and $3,000 for each of the 55 new jobs created for a total grant of $269,340. Kirchner Machine Ltd., of Lethbridge qualified for a $13,-600 grant for a $68,000 expansion to its plant for manufacturing farm equipment on the basis of 20 per cent of capital costs. Nothing was allowed for the four new jobs created. Moore Business Forms Ltd. proposed $2,446,833 business forms manufacturing plant for Lethbridge qualified for 11 per cent of the capital costs and $2,500 for each of the 85 jobs created for a total grant of $461,651. Net earnings By THE CANADAN PRESS Bethlehem Copper Corp. Ltd., year ended Feb. 28: 1971, $7,467,752, $1.17 a share; 1970, $10,025,598, $1.58. Chromium Mining and Smelting Corp., Ltd., nine months ended Jan. 31: 1971, $670,000, 14 cents a share; 1970, $184,000. Ranger Oil Canada Ltd., year ended Dec. 31: 1970, $601,506, 20 cents a share; 1969, $341,908, 11 cents. IN EDMONTON Stay At The RIVIERA THE HOTEL WITH MORE TO OFFER For your convenience in making reservations CALL LONG DISTANCE AND ASK FOR ZEnith 0-7255 at no cost to you IVIERA MOTOR HOTEL 5359 Calgary Trail Edmonton, Alberta Phone: (403) 434-3431 Telex: 037-2610 Lethbridge Industries Ltd. qualified for a $4,000 grant for a $30,000 expansion of its roller chain sprockets manufacturing operation which is to create at least two new jobs. Dennis O'Connell, city director of economic development, reports at least seven other firms have applied for grants for development in the Lethbridge area. * * * The incentives program, while it is the frosting on the cake, cannot take full credit for the upsurge in industrial development in the Lethbridge region. Medicine Hat, also in the designated area, has only had one small development qualify for a grant. *   It has been suggested the real reason the Lethbridge region is doing so well is because it is capitalizing and promoting the esthetics, and more particularly, the educational facilities in Lethbridge. The University of Lethbridge, Community College and other facilities and services available in Lethbridge are likely responsible, to a far greater degree than the incentives grant, for industry locating here. If facilities and services were of little account, Medicine Hat would be getting a greater share of new industry. *   Ontario florists have launched a media and word of mouth campaign to get "please omit flowers" dropped from obituary notices. The campaign will stress the importance of giving flowers which "are a part of life and a symbol of love, peace and remembrance." JIM MAYBIE """WWII nitHBiWJ Local florists have discussed the problem but no campaign is planned. One florist says that the giving of flowers is a way friends of the family can tangibly express their feelings Often flowers are done up in such a way locally that after a funeral they can be distributed to senior citizens homes, the auxiliary hospital and nursing homes. One Ontario florist said he isn't against persons giving money to charity instead of sending flowers at times of bereavement. But, he said, many friends of the family don't give either flowers or money to charity. I think it would be a pretty drab funeral without flowers.    Cheques cashed against individual accounts in Lethbridge during December totalled $115.5 million, 98.3 per cent of the value of cheques cashed for the corresponding month in 1969, the Dominion Bureau of Statistics reports. Of the total, $102.8 million ($105.9 million in 1969) was against current accounts, $5.8 million ($6.1 million) against savings accounts and $6.8 million ($5.5 million) was against personal chequing accounts. Thirty - two of the 50 clearing centres showed a higher value of cheques cashed in the December comparison. Total value of cheques cashed was $78.5 billion, 14.4 per cent above the December, 1969 value. Cheques cashed in Quebec increased 23.9 per cent, Ontario 14.7 per cent, Prairie Provinces 8.6 per cent and B.C. 0.2-per cent. The Atlantic Prov i n c e s showed a decline Saturday, March 37, 1971 - THI LETHBRIDOI HERALD - 23 Weaker trend evident By AHT JOHNSON .Canadian Press Staff Writer. The pace was slow on Canadian stock markets this week as prices turned sharply downward. The Toronto Stock Exchange's volume dropped to 11.57 million shares from 15.90 million last week. And the exchange's Industrial index, a key indicator of market movement, lost 1.31 points to 182.51. I The decline Interrupted four consecutive weeks of advance. Analysts noted the downturn followed on the heels of sharp gains in recent weeks. Last week, for example, the Toronto exchange's industrial index advanced almost three points. Observers said some investors have become concerned about reports that the United States economic growth will not keep pace with federal government goals during 1971. At the Montreal and Canadian exchanges, the composite index dropped .30 to 179.51. And New York's Wall Street also showed the effects of erosion. The Dow Jones average of 30 blue-chip industrial issues, a widely-regarded indicator o f market movement, dipped 9.44 points to 903.48. N.Y. VOLUME SLIPS Volume on the New York Stock Exchange slipped to 71 million shares from 84.71 million last week. The Toronto Stock Exchange's industrial index closed lower during four of the week's five trading sessions, while the Dow Jones average slipped during only two sessions. Base metal issues showed a small decline during the week. The Toronto exchange's base metal index slipped .35 of a point to 96.01. The decline came after two weeks of sharp advance, during which time the base metal index rose more than five points. Observers said the stimulus behind the rapid rise during the twfrweek period was reports that Chile was experiencing difficulty meeting copper export contracts. President Salvador AUende of Chile wants to nationalize the country's copper industry. On index at Toronto, western oils were down .62 to 209.09 and golds rose 4.50 to 191.79. At the Montreal and Canadian exchanges, combined volume was 6.23 million shares, compered with 6.15 million last week. Losses outnumbered gains 223 to 173 with 112 issues unchanged. Egg marketing ruling sought WINNIPEG (CP) - The Manitoba government has filed an appeal with the Supreme Court of Canada to rule on a Manitoba court of appeal judgment declaring the province's proposed egg marketing regulations unconstitutional. Attorney - General A. H. Mackling announced at a news conference the government's decision to appeal the March 12 judgment. Mr. Mackling said the "prime purpose ot this move was to enable the Supreme Court of Canada to rule on the constitutionality of our regulation and by so doing - since Supreme Court rulings are national in scope - rule on the constitutionality of the Quebec plan." Quebec imposed trade restrictions on eggs last fail and the Supreme Court refused to hear an application by Manitoba to rule on the constitutionality of the Quebec restrictions. Mr. Mackling said the Manitoba government then drew up an order  in - council establishing an identical egg marketing plan for Manitoba and asked the Manitoba court of appeal to rule on its legality. "By appealing the Manitoba court of appeal's judgment, we are able to keep well within the legal bounds of prece- dence, " Mr. Mackling said. "AH we seek is a judgment and, should the Supreme Court not uphold the Manitoba court of appeal's judgment, then it will mean we are free to take all counter-measures we deem necessary to protect our industry and our agriculture. At least we will finally know exactly where we stand and be able to act accordingly." TRADITIONAL HOMES Traditional igloos are made from blocks of compressed snow fashioned into a circular structure. H. H. Smith Ltd. Customs Broker EDMONTON 42***96 #) prtNoacMTt S2M141 coins Mom 3444122 Crossword ~* RonBM c. mrscMeid WOODEN POLITICS ACROSS 1"...anrf never -" 6 Analyze verte. 10 Pertaining to weight. 15 Improvise, SO Party. 21 Orderly. 22 Muse of poetry. 23 Bath, of a kind, 24 Redistrlet unfairly. 26 Government fay an elite. 28 Arboreal frog. 29 Lent 31 Wood -. 32 Box again, 34 Geologic formation. 35 Flow: pref. 36 Agile. 39 Funetlon. 40 Over: Ger. 41 -truth. 45 8porta Initial*. 1 - War: 1889.1902. 2 Ireland. 3 Planetarium- 4 Philippine island. 6 Bible and Church. 6 Hippie attire. 7 Opera (with "Le"). 5 Operatic maid. S Roman emperor. 10 Skullcaps 11 Debt. 12 Forays. 13 "- always fair weather". 46 Some of a . corps de ballet 48 Give birth in dogdom. 49 Feminine suffix. 60 Cardinal symbol*. 62 Buckeye. 63 Fish basket 64 Protection: var. 65 Long poem*. 66 Herring. 67 Nigel Molesworth epithet. 68 Monastery layman. 60 Cabbage salad*. 61 French city. 62 Moon crater. 63 Dog walker. 64 Hflt. 65 Legislative tactic. 67 Animosities. 69 Nautical term. 71 Dutch measure. 72 "Manxonl Requiem" composer. 73 Not carried. 76 Obstructive talk. 80 Salt. 83 Bank*. 84 Meted. 86 Like most horses. 86 Hop stem*. 88 Judge*. 90 European gateway. 91 Heaven: Fr. 92 Various. 93 Congressional aide. 94 Some waves: informal. 96 Judge'* seat, 97 High point* in space. 98 Pertaining to: suff. 99 Jackie'* predecessor. 100 Wearily. 102 Vessel. 103 Albanian shore. 105 Mis* Evans. 106 Jacob's son. 107 GOP rival*. 108 Rent 109 Star*. 110 Crime. 112 Disordered speech: auff. 115 Purist 117 Talent, of a kind. 121 Fiah and Ford. 124 Member of Common*. 126 Farewell. 127 Dye. 128 Pulitzer winner. 129 "What Is so -... 7" 130 Pair*. 131 Rip wood again. 132"- and Lover*." T33 Foxier. DOWN 14 Charpoy. 16- as they come. 16 Scopes' attorney. 17 Hawaiian feast 18 Corp. symbols. 19 Birch -. 20 NCO. 25 --beard: plant. 27 Husband of Desdemona. 30 Author of "Tiny Alice". 33 Baby's biter. 35 Former Korean president 36 Hindu garment*. 37 Spanish dish. 38 Kind of saw. 40 Kind of car. 41' Greek letter. 42 Operatic barber. 43 Joiner. 44 Optical maters. 46 Pop*. 47 Sky: pref. 48 Injure. 61 8alem author. 63 Kennedy*, for one. 54 Evoking. 56 Wise kind of hen. 57 Ascend. 59 "The Boy* In the -." 61 Inlet 62 Braid. 65 Swedish county. 66 Construction column. 67 Associate Justice (1938-1957). 68 Traveler's abbr, 70 Gaelic 7288T'a dlo tant cousin. 73 Isle of perfection. 74-tuck. 75 Browner. 76 Steady: Fr. 77 Adjective suffixes. 78 Employing. 79 Heifer. 81 Adam - 82 Bore again. 84 See 66-D. 86 Raise, a* spirits. 87 Biol, group*, 89 Kind of relation*. 91 American -compoasrt 92 Some parties. 96 Radiate. 96 Light wood. 97 Very, for one. 99 Beach and namesakes. 100 Woodworking tool. 101 Feints again, In the backfield. 104 Published. 106 Spanish chaperons. 107 Percslvs. 109 Bridges. 110- Harbor. 111 Of a cavity. 112 Australian horse. 113 Miss Lamar. 114Samoan Seaport, 116 Sports assns. 118 "How Do I Love - 1" 119 Back. 120 Abbreviated letter ending. 122 German pronoun. 123 Letter. 12519th or 20th Diagramless 17 x 17 by George W. Frank 40 Writing tool. 64 Mirth. 4 Woodwind ACROSS 41 Cooking 65 Flour instrument. vessel. grinders. 6 Nothing. 1 Magician's 20 Fragrance. 42 Shoe bottoms. 66 European - 6 Sour fruit. rod. 22 Sharp. 43 Bring to a country: 7 Hard metal. 6 Ignited. 23 Excavated conclusion. abbr. 8 Also. 9 Proof of coal. 44 Not any. st Certain 10 American being 24 Closed car. 45 Hula - skirt. Europeans. patriot elsewhers. 25 Taxis. 49 Separate 12 Writing fluid. 10 Courageous 29 Flying portion. DOWN 13 Humorist man. mammal. 60 Liberate. Edgar Wilson 11 Old dreamy 81 With speak- 64 Fill with Joy. 1 Spinal -. love song. ing voice. 65 Swarming. column. 14 Title. 15 Earth chart S3 Recline. 66 Decorate. 2 Ancient 15 First name of 18 Leg joint 34 You bet! 60 Total. hunting dog. "La Glo- 19 Synthetic 37 Popular 61 Popular 3 Wheel's conda." yarn for Florida love Western lovs rubber 16 Kind of atoektno* song. song. cushion. corner. 17 Writing tablet. 21 Make free. 24 Plant branches. 25 Troop site. 26 8ucculent plsnt 27 Timely benefit 28 Source of light. 29 Compound. 30 Ventilate. 32 Stupid persons: si. 34 Circls of light 85 Sign of future. 36 Prudent 38 Large truck. 39 Electrified particle. 45 Flsji'e breathing organ. 46 Genuine. 47 Deed. 48 Appear. 49 Leguminous seed. 60 Aviator. 61 Grain at wedding*. 62 Actress - Gabor. 63 Moray. 55 Shaft to hold wheels. 66 Group of three. 67 Register. 58 Capri, e.g. 59 Food for one meat. 62 .Poultry product 63 Mischievous child. CRYPTOGRAMS SOLUTIONS OF LAST WEEK'S PUZZLES �3Qnii rcrun aanaa hhu sunn aaaaa auu uhg ubd ama ^aa nan dqijebbc naa aaa aana mono nan aaaan nHDiEOBii aaaaia rannnn rann niiinnin mniifiH nranm ana niacin nnnrc [rfironannnannranrarannn ctvtnui niarara raran ruamni HRninra unman awn nnrnmn mnntan auu aaaaa 6bhdb taaiia aaaa bob aaacirjiaa qgu-i hbo aaa naa aaa nria SV1971 DEE BOD hbo ?GHEE niiiciii aaaaaaa ghuhhhbg] dbdodgb niaciaGino cjbbbdbe dehuijeg aHHanian aranorjuE uhguuuh aiDGja 3BH UBEE oqgdd ECU tana aaau suu uhhee lauEE QQ0 hub UUlilHU ISUD nnuaa aim uouiaia uuuue nnnn nans cioue uunuukiii una mm&ui hheh beck aw aninanaa bbede bdeeg guii maanaa bbbde debge bjeue naaaanorauEuuEBEBEKE nraraa unaiau boduii eeuweu ranis aoiHQO bdedc uueebeie ClUD UBHH LWkitfl lilUUCI UUli ramnaHRB hueb eciik buck raranrara raranon hug cbede ranran nmnnrc eeg ci=de ehe nran nnenaia enno eek geek RnnnnciH ntrccEnc eebeeke Hnnnnnn) geebhice eehec-eb BiararararaE intrri bee eEeeeui- 1. FIRES FIISLAPNACK LRM RL FZHO MACQZMA MADUDMK, IC QUNA MOAQ U IDA-PIRCKA QAVE ? - My Myrtle W. Cushats* 2. BOTHPDO BDU: PDUUH RSR JYUEN ES GYOO GTEEOA WYTJGT "PSGDN" 'GYDNA KE'N JTAWA KS1TN" WYKNA R A YE. - By Shirley J. Coffey Last Week's Cryptograms 1. My unpretentious pal is much more philosophical than most guys our age. 2. Finicky bartender brushed off rowdy customers with a whiskey broom. * Field Enterprise*, Inc., 1971 ;