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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 28, 1970, Lethbridge, Alberta 20 1HE LtTHBRIDGl HERAID Soluidoy, JB, 1970 Canadian Markets Spurt After U.S. Rate Slash By NICK FK111US Canadian Press Slalf Writer Prime lending rale reductions In Ihe United Stales (his week cent Canadian stock markets lo their weekly gains of 1970. Exchanges were closed Good Friday. After starling the week slowly slightly Monday and rising moderately markets soared ahead in active trading Wednesday, continuing to advance Friday. Prime rate reduction lr eight per cent from by Several American financial institutions, including Ihe Dank of America, louched ctf Ihe activity during the last two sessions. A reduction in U.S. prime interest charged lo a bank's best indicale an easing in Ihe light credit restrictions that have de- pressed North American mar- kels since lasl June. CUT MOXKY SUPPLY Prime rates liad been pushed lo a record high S'i per cent by the U.S. and Canadian govern- ments lo reduce the of moirey in both countries in an attempt to light inflation. In rccenl months markets rose on any rumors of prime rate reductions but fell back just as quickly when nothing materialized. While increases and reduc lions in U.S. prime rales have usually been followed In1 similar moves in Canadian bank primi OSSIE STUBBS SURE KNOWS PHARMACEUTICALS Just Like Our ERNIE KNOWS MOTORS Call Us Today! ERNIE ROSVOID We Specialize in Tune-Ups CARBURETOR AND IGNITION All WORK GUARANTEED! TEXACO CAR CARE JTEXftCtJ Another reason why you should call in at El Rancho Texaco Service 6lh Ave. end Mayor Magralh Drive South PHONE 327-5404 rates. Canada's chartered joists, according lo observers, are not expected lo take any mmediale. steps to follow this week's U.S. Hut some analysts feel a cut of aboul one-quarter point in Canadian prime rales may be just a few weeks an ay. GOVEnSJlENT I'NDKCIDEU In Finance Minister Bensra said he did not wanl to conimeiil further or to advise Canadian banks on what should do aboul Iheir inleresl rate policies. Earlier in the Ccrcmtns, he said he hopes (o see Canadian interest rates reduced. Statistically, on index at Ihe Toronto Stock Exchange diis week, industrials were up 2.77 lo 131.34, western oils 9.32 to 193.77 and base melals M (o 112.83. Goldsloil3.Sltol59.il. Volume increased lo shares from last week. Gains outnumbf red losses to 293 Milli 237 issues un- changed. On the Montreal Cana- dian exchanges, liic composite index was up 1.30 (o 179.90. Combined volume WPS shares compared wilh last week. Gains outnumbered losses 187 lo 153 with IOC issues unchanged. AH-N alive Board Rims LAC LA DICHE (CP) An all native board was formed icre lo plan activities lor Ihc Alberta XcwSlart School in this community 103 niilcs northeast of Kdii'.onion. Ron TcfoUn, liaison officer between Ihc NVnStsrl adniinis ration ard the Pe-Ta-Pun De- velopment Society, said future activities ol the school will be nased "participatory de- nioerscy" In which native peo- ple will be urged lo take the lead. Ten men currently are lakin; a leadership training course a1 Use sclicol, closed lasl Dcccni IXT for economic reasons. school was ordered in February ami about 30 adul students arc to be enrolhx within a month. High-Wire Thieves SAN ANTOX10, Tex. (AP) High-wire artists are al work licrc, but they're not the circus variety. Sheriffs deputies re- port Uiicves Ere scaling ulilil poles along the Missonri-Pacifi Railroad tracks in Soulli Bexa County ar.d stealing thousand ol (ect of copper wire from in I active circuits. Lethbridge Community College STUDENT HOUSING The Lethbridge Community College, in an allempl lo provide its potential student wilh housing Informa> lion, is asking all residents of Lelhbridge with space available for student occupancy to register willi Student Personnel Services Department it Ihe College. This will insure on early ossignment of accommodations and will fscililnle mailers for bolh Ihe student ond Ihe proprietor. TYPE OF ACCOMMODATIONS REQUIRED (1) Room and Board (Single and Multiple) (2) Apartments (Basements included) (3) (Single and no meals Inquiries or regisralions should be forwarded to: STUDENT PERSONNEL SERVICE LETHBRIDGE COMMUNITY COLLEGE PHONE 327-2141 EXT. 257 Plan New Flock Of Rare Cranes But from a low of 15 binls In 1M1, Ibe numbers of Ihe big, wlu'te cranes have slowly in- creased under government prot- ection. A Ictal ef y> cranes were counted in Hie winter census this year at Arkansas national wildlife refuge along the Texas iulf Coast. There also are 21 whoopers in captivity. As for their survival, F.rick- son says: "It looks continually more promising." FI.OCK IHFFIOMENT The proposed second WASHINGTON (AP) Cana-i ikui arid American biologists tave started experiments lo es- ablish a secoixl Hock of mi- whooping cranes, a rare ir..l endangered bird whoso trumpet-like clamor once rang across UK skies of North America. plan, an effort to keep tho vr.oopcr from following Ihc pas- senger pigeou icto obUviofl, calls for placing eggs from cap- ivc whoopirg cranes in the nests of sandhill eranes. The relatives cf Ihc hatch the eggs, raise Ihc young and guide Jiem south on the annual au- umn migration, thus establish ing a migratory tradition. KsUblishment of a second fleck, says biologist flay C. Er- ickson, wou'.d "divide the risk" Dial a disaster could exlc-rmi- the world's lasl remaining wild whoppers. PHKALUi AUOUND plan, however, has many piilalls and experiments have lo be condwlcd More eggs are released, says Erickson. assist- ant director of Ihe Paluxcnl uildlifc research centre in l.au- crs al Patuxcjit wildlife re- rcl, Md. j search Elation. The whoopers unlikely Ihal raised from eggs taken c.in be released lo the wild [or six or 10 he said. 'we'd like lo have somewhere do anything between 10 and W pairs. "Unless we can release them in 20 and 40 a numbers would be inadequate to have much assur- ance cf success." The only successfully nesting pair ol caplivc, migrant whoop- crs currently is hcuscd in the San Antonio, zon. Another factor Ihal could delay Ihe inlroduclion ot would he dislir.d frwii the lor.e band of wild birds ilial fjCSls in Wood Buffalo National Park slraddling llw Alhcrla-Norllh west Territories boundary and winters in Arkansas. 'We would like to establish a population cast oi saysj Eriekson. Ideally, he said as he pointed to the map, Ihe birds would nest north ol Lake Winnipeg and winter in the southeastern United territory once in- habited bv Ihe birds. Eriekson currently manages a caplivc [lock of 15 young wlioop- hooper eggs into the wild is I cross-breeding, nock i.j( faff js such an ir.clina- resulU in cross breeding between san- dhills and whooping cranes." lion, then other procedures would have lo be followed." Er- iekson said. "We don'l wanl lo ASPHALT PAVING TOLLESTRUP SAND and GRAVEL Consliuction Co. ltd. PHONE 1 328-270? 327-3610 The whooping crane's exlinc. lion once was widely predicted. Naturalists said the. stalely bird would, soon join Ihe ranks o[ the healh hen, great nuk, Labrador duck and passenger species nalivc lo North America Ihol became extinct. from the r.ests of wild birds. Most ol them arc still imma lure. "Our oldest male is six years Eriekson said. "Our o'.desl female is three. This could be Ihe lirst year Ihcy could possi- bly breed." Before pulling any eggs in Ihe nests of sandhills, lie said, Child Welfare Act Code Rewritten EDMO.YTO-V (CP) Any re-1 Hay Speaker said if a mother j irji for gives up her child and express- that a child given adoption be placed in a rrp- Icslant or Roman Catholic home will expire if Ihe is r.ol adopted within a six-month period under changes in Ihc Child Welfare Ael introduced in the Alberta legislature. Social Development .Minister es a preference aboul religion in anv fulurc adoption that preference Mill he binding for a six-month period only. "If the child is not placed with a person ol the designated failh within (he specific lime it sbsU be conclusively deemed Sharp To Visit Paris. Bonn That's aVolkswagen? Thct'saVolkrwagsn, Honosf. The Ycfe.vogrjn And v.'hi'o if doesn't bear Ihe slighted resemblance lo a VW, it doss bear soire lerrific sirrilarilics: lit'; gas An o'r-coo'ocl fir.- v.'Orkn-ans'riip you'd expecl lo linci only in a ..well, Volkswagen. The Notchback also has o things you wouldn't expect lo find in a tfte eleclronic fuel injection. A Porsche- lyr-o rcarsuiponsion.Amore powerful engine, cruises at belief lhan 80.) lr also ha; disc brakes in front and an opliono! fully oulomalic transmission. Vv'hcl's more, you gel of Ihis for lets lhan No doubt aboul it. That's a Volksvr'c PAfilS (CP) External Af- ilrs Minister Mitchell i'narp of will visit France and 'cst in April, lie will holil lalhs with French creign Minister Maurice Scltu- nann during a visit to >Vancc pril 2 lo 4 anrt with Gcr- unn Foreign Minister Waller chccl during an April 6 lo 8 isit. The French visit will he the by a Canadian exlcrnal Bl- airs minister since former resident cle Gaulle's outburst f "Vive le Quebec libre" (Long ve free Quehcc) in Montreal in uly, 1W7, strained relations be- wecn the. two countries. Sharp mil formally open a ew Canadian cultural centre ere April 2 and be Schumann's uncheon guest April ,1. The tvvo minister, met al NATO conference in Brussels asL December, arc expected to iscuss slcps to restore a closer elation between the two coun- rics. that the parent made a state- ment of no preference al Ihc lime of surrender cf Ihe child. Under Ihc easting legislation Ilio parent who surrenders a cliild for adoption has Uis choice of designating a re- ligious or non-religious prefer- ence for the child's future adoption. The amw.dmenls lo llw act also provides authority for llw Social Welfare Department lo assume Ite [or juvc-m'le offenders. Such young- sters previously the re- sponsibility of ilw attorney-gen- eral's department. Vatican Envoy Readies Rome HOME (Reuters) Can- ada's first ambassador lo (he Valican, John Kvcrell Rob- hins has arrived in Rome. Ro'jfoins, former president ol the University of Brandon, is expected to present liis creden- tials lo Pope Paul. Canada and the Vatican announced that they had established diploma- tic relations at ambassa dor level Insl Ocl. 15. how to get your passport in time Some 35 per cent of pnssporls are delayed due to mistjfces by applicants. Don't let yours be one ol Ihem Get it right Ihc lirsl lime. GE! evidence cf yo'jr cilirenship-a Canadian birln or citizenship ctililicalo. This can take IITIC liul Ihe djtu- menl will revcr go out of dais. Allow at least one plus mailing foi pro- cessing your complelEd passport application. Pick up passpoil epplicatbn forms from your post ollice, travel ager.cy, aiiline cr steamship ccirpany. Read the instructions carefully, Ansv.'er all questions, Selsct only an sligitle guars-ilor as listed oa Ihe Icrm, Enclose with yocr signed application: Tivo photajrapns ol Ifte appmei size a.ii) Wni. bolh with your signaluie en IN (rent aril one signed ca tfe by yti'jr guarantor; Certified cheque cr noncy cider for JI0.03 (do not Your Canajiin hirlh certificate cr olhar cilizenship document. Mail Ire application cnly after it has teen filled i.i corsp'clely, If you end by Ifie (iiaraitsr. Enclose all documents. Check it over before you mail it. PASSPORT OFFICE, Department of External Affairs. [JitMrnnccj oLici. INSURANCE IS JUST NOT PART OF OUR BUSINESS -IT IS OUR ONLY BUSINESS Phone 327-3009 CONN VAN HORNE JACK WARBURTON 507A 7lh STREET SOUTH Everything the law MOTO CROSS lOOcc Equipped with a gear box, lift horse power el rpm. and ipeedi up lo 75 mile per hour. Available in candy red, blue and green. See It on diiplay now. iETHBRIDGE HONDA CENTRE 1307 3rd Ave. S. Ph. 327-8889 DAVE PARKER AUCTION SALE Localed on Highway 15, 1 mile north then Vi east of PICTURE BUTTS, AlBBRTA WED., APRIL 8 --11 a.m. TERMS: CASH LUNCH SERVED Having received instrutlionj from fAr. Dove Pniksr, will oiler for lale al million Ihe (allowing: TRACTORS I.H.C. Model 706 Row Crop Iraclor, Gos, Fully Equipped, 1616 Kouis, Axlci, Niw Excel Cab. I.H.C. Model 350 Utilily Trailor, Gas, Fully Equipped, I.A., Live P.T.O., Hyds. COMBINE AND SWATHER IV69 I.H.C. Model <02 Special P.I.O. Cortibine, 12-FI. Plalform, Pickup, Slrow Spreader. Combined leil Ihon 200 ceres. I.H.C. Model 175 Swalfier S.P., !6-Fl., Air Cooled Engine, Flax Roller. TRUCKS 1P57 I.H.C. Model S1700 3Jon Truck, 2-Speed P.T.O., 5 Cyl. Hoisl, 9QOx20 Grip lircs, Hilch complcle wilh Farm Mcsler 6x14 Steel Bor, Wood Folding Slock Racks. 1948 I.H.C. Model KB5 3-Ton truck, P.T.O., Good Mechani- cally, 8x14 Groin Box. HAY EQUIPMENT New Holland Model 1030 Aulomolk Bole Now Holland Model 461 Haybine Mower, Condilionsr and Combinolion, Hydi., 9-Ft. Cul, 2 Years Old. I.H.C Model 47 Baler, P.T.O., 3 Ycnrs Old. I.H.C. Model 37 Bolor, P.T.O. wilh Model 47 Conversion. Allied Bale loader, JJ-Fl. wllh Bi S 3 h.p. MEW Engine. Heavy Duly Bale Wagon. 900x20 Duoli cl Rear, 8x24 Deck, Signal and drtike lig'ils. elf. FARM MACHINESY Rolovalor, Heavy 70 inch c-jl, Blades; I.H.C. No. 100 Prtss Drill, GrDsj or.d rc.-tiluer tachmcnls, elc.; GalJen Spmyer, 33' Booms, Aluminum Tank, eK.; I.H.C. Double Diic, C.C.I.1. Rolory 11-Ft.; Evcrsman Land Plane, 3 poinr Hilch; 1.HC. Model 55 Deep Tillage Cullivalor, 13-Fl., 3 Poinl Milch; I.H.C. No. 7 Fcrlilizcr Spreader, 12-Fl.; 3- Sociionj of 5-Fl. I.H.C, PacVers and Hiferi; New SprinVler Diamond Harrovi'5; Robin Grain loader, 27.fr., Engine, rAayralh 12-Fl., 4-fnch Auger, Electric M15CEUANEOUS AND SHOP TOOLS Plalform Scale; Air Comprcnor; Mower; Anvil; 100-Chick Cnpaeily Propone Brooder; Hand Chains; Curry Trol SfocV Oifcr; Pumper Boy ond rfoie; JDO-Gol. Slojagc Tank and 300 Fl. 2-lnch Pipe, Varioui lenglhsj 5-llcg Houics, 6x8; Rails, 16-Ft., 2- SlocJc Woler Troughs; Quanlily of Borb ond Page Wire; Scrap Iron; lorga QuanfHy ol Uielul Misc. Shop Tools loo numeroui fo list. AUCTIONEER'S NOrE-Tfift Is one ot the tcil farm Inii ipring feafuring top qualily, laie model equipment. Eveiy thing has had thfl best oF (art onrf oppeori le In new like conriilion. Don't mln this qvolify tale. The description as lo condition or otherwise 01 forth en ccch ilem ti merely a guicfe and it in no way a worranly or guarantee, actual or implied. Neflher Ihe auctioneer or the owner ore for any errori In description condilion. SALE CONDUCTED BY PERLICH BROS. AUCTION MARKET LTD. Box 1057, LETHBRIDGE Office Phone 318-3951 AUCTIONEERS JOE PERLICH ED TORSHEt TONY PHUCH IFionic ?B5 Lltenie 793 license 136 Phone 732-437] Phone Pnone 328-3951 Ficluie tulle, Alia, lew lilond, Aha, ;