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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 14, 1970, Lethbridge, Alberta OP DOWNTOWN DURING THi DOWNTOWN BUSINESSMEN'S ASSN. Saskatchewan turns to beef By JTO NEAVES REG1NA The lack of markets for Saskalchewan- gronti wheat lias brought about increase trt UK- prm'inre's livestock Charles N-a.sk. Saskatche- wan Wheat Pool livestock bracch director suid in an in- terview that grain sales Wd up Own' would have been ostly "minuie [x-rceutege in- T. McFarlane. Saskat- chewan agriculture minister, said the value of livestock production this year probably will be Uie highest in Saskat- chewan's history. Sir. Leask said final figures tvon't be available until Uie end of Uie year, but "we're shipping a lot more finished cattle than ever before." The increase, however, was attributable to existing produ- cers uicreasiBg their herds rather than to more termers j going into livestock. But there are some new i participants in the livestock field, mainly groups of grain producers getting together to j form co-operative, mutual feeding operations, j I cure DOWN si'iti'Uis i "You sit and look at grain (or so long are! then you get desperate and start to ask what you are equipped to Mr. Leask said. TROUBll SRUPTS liberation dstnsnsiraters In Japan challenge rioi Ujee wresting one of group during a march In Tokyo, Screaming women, wiring helmets, demanded libsrotlen In fire! japonete street domett- To cm Indian youngster loneliness is big city VANCOUVER parable period last year. The extraordinary charge re- sulted from disposal of offshore drilling sissets, the company said. Net earnings torn operations totalled J.l cents a share com- pared with 33 cents in. Us same period of 1969. Sales and operating revenues increased by nine per cent to million from SIM.2 mil- lion in the nine months ended on Sept. 30, 1969. The company said explora- tion under the drilling fund will be increased in the fourth quar- ter. The exploration program includes searches for natural gas in the AlberU and British Columbia foothills region and in the Trois Riveres area of Quebec. est jnanufaeturuig concern Is shut down Uie strike takes an increasing toll on workers, auto dealers, companies tftat supply goods and services to GM and government treasuries that rely on the firm for tax revenues. UAW and GM reached tenta- tive agreement a new na- tional contract Wednesday, tat the company is not enacted to be turning out ears at its nor- mal clip unffl Dec, 1 at tee earliest During the strike Sept. 15, the UAW used up ill its million strto fund on weekly sufwistence payments to about 394. UOO union members. GM lost miffioa for the third quarter, which Included the first two weeks of the strike. This was GM's first quarterly loss since 1946, fad it is ex- pected to show more red ink in the fourth quarter, Steel companies, raHways, fcraciOBg firms and airlines were among the industries hardest hit by the strike. State and local tax collectors also suffered. strike became a political issue is Michigan, tte state hardest hit by the shutdown. Treasury bills OTTAWA (CF) New Government of Canada treasury bills auctioned. Thursday: J100 million at an average price and yield ef 9B.798 and 4.88 per cent. Last wek, same amount and term, 98.776 and 4.97 per cent. million at 97.588 and 4.96 per cent. Last week, same amount and term, and J.10 per cent. When Republican Gov. Wil- liam G. Milliken announced just before the Nov. 3 which he that budget cuts would have to be made because of tax losses traceable to the strike, his Democratic opponent charged the governor with poor planning. Glenn Altai, Michigan's budget director, raid the strike has out the state about mil- lion in reduced Mies tax collec- tion and about million ic Increased welfare costs. An Oct. 29 report to Millilten said the cities of Detroit, Flint, Grand Hapids, Pontiac, Saigi- naw, Lansing and Highland Park had lost in the first month of the strike a total of nearly million in city income tax revenues, Jones and Laughlln Steel Corp., which sells about 32 per' cent of its output to auto fens. announced layoffs workers Kelsey-Hayes of Detroit, a major supplier auto wheels, laid off at its Detroit firm... The F. J. Bou- tell Driveway Co. of fStt, Mich., laid off 600, including 458 truck drivers The Grand Trunk Western Railroad laid oft 800 workers as auto shipping w- ders fell off Firestone Co. laid off or 10 per cenE of ite work force as toe from Detroit fell... and no it went. GM spokesmen said the was losing about mfllNi day in sales during the strike, while workers lost million daily in wages and the firms which supply GM with parts lost about ?40 million t day in sales. tmger'te and wevar Suxurits moke her fee! pamper Primrose Shop 313 St. 9PSM THURSDAT Till P.M. McCREADY-BAlNES PHARMACY LTD, 3rd Ave. lETHBRIDGi FHONI 337-35M TOT WK HOMi DEUVEMI 35 M.M. CAMERAS JOODTt with S180 t Aiahi fmlttx Spotrrwiif 1.4 with ems........ 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