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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 18, 1972, Lethbridge, Alberta W. German rivals vying for votes BONN (AP) Chancellor Willy Brandt and opposition challenger Rainer Barzel vied for last-minute votes today on the eve of one of the closest-run elections in West Germany's 23 year history. Highest earnings for AMC DETROIT (AP) American Motors Corp. reported Wednes- day its highest earnings since 1964, saying its net earnings for fiscal 1972 were nearly triple those of 1971. Company officials said net earnings S30-2 million or 51.11 a share for fiscal 197! compared with net earnings of million or 40 cents a share a year earlier. American Motors alone among the auto companies op- erates on a fiscal year ending Sept. 30. General Motors, Ford and Chrysler report eanings on a calendar year basis. John Pichurski, a company spokesman, said AMC will pay no dividend to its shareholders this year. He said AMC has not paid a dividend since the third quarter of 19G5. Earnings for both 1871 and 1972 included tax credits result- ing from losses in previous years. The tax credits added 51 cents a share to this year's earnings and 18 cents to last year's. Earnings slip CALGARY (CP) The earn- ings of CanDel Oil Ltd. slipped to or 51 cents a share for the first nine months this compared with or 56 cents a share the corres- ponding period in 1971. Dividends By THE CANADIAN PRESS Ford Motor Co. of Canada Ltd. 75 cents, increase of 25 cents, plus an extra of Dec. 15, record Nov. 24. Gordon MacKay ud Stores Ltd., Class A, 1214 cents, Dec. 15, record Dec. 1. H. H. Smith Ltd. Customs Broker coins Amid the first heavy snows o, winter, Brandt rallied his Socia Democratic supporters in th small northern town of Bad Old esloe before visiting nearby Luobeck, the Baltic seapor where he was born, and Wes Berlin, where he was mayor ii the cold war years of the early 1950s. Christian Democratic leade. Barzel toured his Paderbom constituency in northern Ger many without giving any off! rial speeches. Amid forecasts of an unprece- dented 90 per cent or better turnout among 40.8 million eli Bible voters Sunday, the elec tion slill appeared undecided. Brandt focused attention this week on his popular, Nobe" Prize-winning drive for East West friendship. He said Friday night he hopes to visit East Berlin "before Christmas" if re-elected so he can sign his good-neighbor treaty with East Germany, con eluded only last week. HITS ECONOMIC ISSUES Barzel flayed Brandt's men Friday for failing lo halt recorc consumer price 6.' per cent ahead ol last year's. Though the main inierest ii focused on the Brandt-Barze confrontation, another factor which could decide the outcome is whether Brandt's Free Demo- crat coalition partners receive the five-per-cent minimum vote required to enter parliamenl. Brandt's Social Democrats have almost no hope of winning alone, observers say, and the Free Democrats received only 5.8 per cent of the vote in the previous election in 1969. If the Free Democrats do not make it this time, Brandt will not be able lo form a govern- ment even if both coalition par- lies poll more votes combined than the Christian Democrats. A total of eight parties have fielded candidates for 496 lower house seals in the voting. Ford recalls cars, trucks DETROIT (AP) Ford Mo- ,or Co. announced Friday it is recalling more than cars and trucks which may need araking or fuel-leakage correc- tions. Ford said it will recall in the United States 1973-model cars equipped with 429-4V en- pnes and 1972-model Sconoline trucks to find about vehicles which may need :he corrections. Also affected arc 915 cars and trucks in Canada and 114 cars and 857 trucks in export markets. About of the Econoline rucks have improperly routed [rent brake hoses which rub against the front suspension coil sprints, Ford said. Of the 4294V Ford and Mer- curys being recalled, about 65 are suspected of having car- buretor fuel leakage which could result in delayed starting, "'ord said. Inspection and necessary cor- rections will be provided by dealers al no cost to customers, rord said. EXPERIENCED AND QUALIFIED CLUB MANAGER Required for Active Downtown City Club at Calgary PLEASE REPLY IN CONFIDENCE TO RIO HOLDINGS TOUCHE ROSS COMPANY 600 SIXTH AVE. S.W., CAIGARY 1, ALBERTA ARE YOU AT A DEAD END? Are you working ol a job that is leading nowhere? Now could be fhit for you to mako a change and eniurs your future success. WB aro locking dynamic man and women from all walks of life, who want above-average earnings, to join ui 01 highly respected financial representatives. You will bo trained, using tho niosi rusticated techniques, and given contin- ual auiilonco by experts, oil ot our expcmc. Tho fringe benefits and High earnings polonlial will provide juccesiful candidates wilh security, income and preitigc. Tho growtli of our company in Canada means that many poii- lions havo to be filled, and 10, based upon performance, ad- vanccmonf bo assured. Wa ore part ol a largo, aggressive, international Financial company, wilh offices in 23 countries adminislcr- Ing aiicts of over Why not give us n call today and change from thai dead end to a glowing future. Phon. MR. ARCHIBALD, 328-1111, p.m. Nevombar 23, 1972, only. Mighty market climbs By MIKE WILLIAMS Canadian Press Staff Writer Confidence was restored ami prices climbed higher this week In active trading on Canadian stock markets. The most significant break- through came when the New Ye-k market's average ol blue- chip slocks dosed 1000 for the first time in its history Tuesday. It repeated the per- formance in two later sessions. Canadian Business Service said in a newsletter that, al- though the breakthrough "may sound like a numbers game, H does have a profound psy- chological effect and is one of the factors needed to stimulate investor confidence. Major Canadian markets opened the week with little ac- tivity ami closed the first ses- sion unchanged to slightly higher. Tuesday, however, saw a sharp increase as the Dow man- aged to reach Us record close. GAINS MODEST Investors took advantage of inflated prices Wednesday lor some profit-taking but modest gains were recorded Thursday and Friday as the Dow again closed over 1000 in both ses- sions. Factors such as unemploy- ment and inflation continue to plague some areas of the mar- ket but most analysts are con- fident that the favorable per- formance being seen now on Canadian markets will stretch into 1973. Canadian Business Service said it looks "for higher stock prices based on fundamentals such as quickening business ac- tivity, higher corporate profits and rising consumer spending." At Toronto, the industrial in- dex, considered a major in- dicator of market trends, was up 1.29 on the week. At New York, the Dow Jones industrial average of 30 key is- sues climbed 10.30 points during the week, closing Bt 1005.26. MONTREAL INDEX VP On the Montreal and Cana- dian exchanges, the composite index was up .53 points on the week, closing at 219.75. Combined volume on the two exchanges was 6.53 million shares compared with 8.02 mil- lion a week earlier. Trading was active through- GM warned about car quality DETROIT (AP) John Z. DeLorean, a General Moto- Corp. vice-president, has warned other GM executives that if belter car quality is not achieved, warranty repairs will destroy the company, a Detroit newspaper says. Robert Irvin, Detroit News automotive writer, reports De- Lorean delivecd his warning to 700 of GM's top executives who are gahfercd in a secret mcet- ng in Uw Greenbriar Hotel in Write Sulphur Springs, W. Va. The Greenbriar conference is icld evey tiro; years. Top GM executives must attend. Irvin also reports DeLorean told GM executives the first use of the Wankel rotary engine will e in a version of the 1974 !hevy Vega. "At least one proposed prod- uct program shows the rotary engine in 80 lo per cent of our automobiles within the next 10 years." Irvin quotes DeLo- eaii as telling the conferees. He also warned that loyalty nr.ong GM car owners is dimin- shing, especially when com- iared with people who own 'orri Motor Co. cars, Irvin re- orls. The only solution, he is re-1 wvted to have said, is to pro-' idc better quality. the RIVIERA MOTOR HOTEL Welcomes you to Edmonton To help make your stay mora would like to introduce you to all our facilities. MORE PEOPLE STAY AT THE RIVIERA- BECAUSE THE RIVIERA OFFERS YOU MOREI Write or Telephone IVIERA MOTOR HOTEL 5359 CALGARY TRAIL 43-43-43-1 out the week on the Toronto market with 14.51 million shares changing hands com- pared wilh 1C.70 million the pre- vious week. Base metals Issues at Toronto were unchanged to slightly lower at the week's close de- spite a run of increased earn- ings reports. The index closed at 83.42, down .22. Toronto's gold index was the only one suffering a heavy loss on the week, closing at 175.45, down 2.54. Thiralay was the only session the index managed to post a gain at the close. The western oil index was strong throughout the week closing at 260.20, up 1.C4. An in- crease of 1.09 points Wednesday accounted for most of the gain. Bond prices Supplied by Doherly McCuaig Limited GOVERNMENT OF CANADA BONDS Sept. 1, '72 Matured Oct. 1, '75 90.00 89.00 July 1, '78 106.00 108.00 VA% Sept. 1, '83 83.50 84.50 Perp. 3 Sapt. 15 41.00 43.00 EM Apr. 1, '75 101.09 102.00 July 1, '75 103.00 104.00 Sept. 1, '92 82.00 84.00 PROVINCIAL GOVERNMENT OF CANADA 6UARANTEED BONOS Alberta 8 Ontario 7 Ont Hyd 9 New Br 9: Nfld 8 N. S. 6 Quebec T Alberta Man Hyd 8 Sask Nfld K AGT 8 Man Tel 8 Ki '90 105.00 107.00 '88 91.00 93.00 '94 103.03 110.00 '90 108.00 110.00 '74 101.00 103.00 '92 86.00 '74 100.00 102.00 '90 106.00 108.00 '91 100.00 102.00 '90 105.00 107.00 '90 107.00 109.00 '74 101.00 103.00 '74 101.00 103.00 Alta G T Alcan B.C. For B.C. Tel Bell Tel Bell Tel CP Ltd CP Sec Cdn Util INDUSTRIALS '90 105.00 '91 105.00 '92 107.00 '90 103.00 '.79 104.00 '93 107.0D K% '89 104.00 9-145 '90 105.00 '91 106.00 108.00 108.00 109.00 107.00 107.00 110.00 106.00 107.00 108.00 CWNG K% Gulf Oil Inter P P Massey Noranda Int Nickel Wt% N and C G 914% St of Cda 9KSS Tr Cdn P Tr Cdn P 10% '90 107.00 109.00 '90 103.00 105.00 '90 105.00 108.00 '80 105.00 108.00 '90 105.00 100.00 '90 107.00 109.00 '91 106.00 109.00 '90 105.00 108.00 '90 107.00 110.00 110.00 113.00 -Saturday, Nmmtxr II, I97J THI UTHMIDOI HfRALB 29 Bond sale short OTTAWA (CP) Another million was added to tha federal treasury this week through the sale of Canada Rail company earnings up MONTREAL (CP) Cana- dian Pacific Ltd. reports total earnings of ?66.6 million, or 89 cents a share, for the first nine months of 1972 compared with SEid Thusday he ?54.7 million, or 73 cents a toUI sale o[ im m share, for the corresponding pe- riod of 1971. The company attributed the increase to greater traffic vol- ume in its various subsidiaries ami consolidation of some oper- Savings Bonds, bringing the total for the last three weeks to more than million, the Bank of Canada reports. Sale of the bonds continues, but after Nov. 15 buyers began to pay extra for the interest which accrued from Nov. 1. Fi- nance department officials say it will be some time before all returns from the fall sales cam- paign ar recorded. Finance Minister John Turner to billion. This is far short of the record billion sold in the fall of 1971 but better than average. The central bank reported that as of Nov. 15, outstanding Canada Savings Bonds of new and all previous issues to- talled nearly billion, up 1.1 billion for the year. SELKIRK HOLDINGS LIMITED NOTICE IS HEREBY GIVEN that a quarterly dividend of tir. cenli per ho) been declared on the out- standing Class "A" non-voting shares without nominal or par value in the Capital Stock of the Company payable on Dec- ember 29, 1972 to holders cf Class "A" tharet of record at the close of business on Dec- ember IS, 1972. By Order of Board F. T. W. NASH Secretary Toronto, Ontario November 14, 1972 CONVERTIBLES Alta G T 7Vi% '90 152.03 157.00 Cons Gas 5Vt% '89 92.00 95.00 Dynasty 7 '82 95.50 98.50 Acklands 7H% '88 102.00 104.00 Scur Rain 7Vt% '88 80.00 95.03 Tr Cdn P 5 '89 114.00 117.00 WC Tr C '83 84.00 89.00 WC Tr 714% '91 109.00 m.OO Net earnings By THE CANADIAN PRESS Calgary Power Ltd., nine months ended Sept. 30: 1972, a share; 1971, Hoyal Trust Co. Mortgage Corp., nine months ended Sept. 30: 1972, 1971, 000. Sllverwood Industries Ltd., 3G weeks ended Sept. 10: 1972, 60.71 cents a share; 1971, 90.51 cents. Crowsnesl Nest Industries Lid., nine months ended Sept. 30: 1972, a share; 1971, 90 cents. SPECIAL STOCK CALF and FEEDER SALE FRIDAY, NOVEMBER 24th at a.m. 600 HEAD OF TOP QUALITY RANCH CALVES SLAUGHTER HOGS ASSEMBLED AND SOLD MONDAY THRU FRIDAY. FRIDAY At 10 a.m. FAT and FEEDER CATTLE SALES at 1 p.m. SPECIAL Stock Calf and feeders EXPORTERS OF SLAUGHTER HOGS EXCELLENT FACILITIES FOR FEEDING AND LOADING HOGS. ED FRENCH DAN KLASSEN KEN MILLER, MAGRATH LOU DE.IAGER WHIT HENINGER 328.3986 345-4358 758-4607 345-4469 328-7354 CONSIGN ALL YOUR LIVESTOCK TO C. E. FRENCH LIVESTOCK LTD. IN THE HEART OF CANADA'S RANCHING COUNTRY ALBERTA STOCKYARDS Fhon. 327-0101 Rei. 32S-39B6 P.O. BOX S-S 1-1-7, LETHBRIDGE CrOSSWOrd By Norton Rhoadc-r FUNNY PLACES 1 Australian aborigine 6 Girl 10 Comb .15 Sen bird 19 Morelacile 20 Perched 21 Shakespeare- an Aprils "22 French kings 23 Big Washing- ion rickshaw man 25 Arkansas pebble 27 Constricto1 28 Spurs 29 African ialk-lalk 31 Be in session 32 Haggard novel 33 Edge 34 Kalian wave 35 Convict 36 Light laid 38 Sale condition 40 Fisherman 42 Summer hrs.- 44 Expenses: abbr. 45 Main song 47 Relative 50 Pain" 52 Chimps 5G Bill and------- 58 Play part 59 French wing 60 Good for you! 61 Command to Gangiok dog 64 Prepared apples 65 Kill 66 Tanker 67 -----Nachl 68 longa 69 Agree 71 Lifeless 72 Word with prompter 73 Plot 75 Dickens' Edwin------ 76 Miss Naldi etal 78 -----soda 79 Ages 80 Italian card game ACROSS Bl Bet 82 Decao 85 Of seaweed 67 Meuse river car style 88 Contends 89------old Men 90 Man's name 92 Snooze 94 Kind ol iron 95 Corrects 97------a big bill 98 Some: F-r. 99 Peace goddess 101 Kind of common denominator 102 Brittany bosom 103 Exhaust 104 Pickle joints 105 Brother 106 Terrier 107 French holy one down- hearted 108 Donkeys 109 Wear away 113 American ostrich 115 Southern 117 Abyss 121 Ukraine metropolis 122 Perfumes 125 Awake 128 Finials 130 Irish sea god 131 Spanish gold 132 Siamese pewter coin 134 Trap 135 Rubbish 136 Coy 137 Massa- chusetts dummkopf 140 Cool cat's spouse 143 Latin to be 144------Haute 145 Theatrical group: init. 146 Ohiowedd'h' 147 Rush 148 SamorJ.C. 149 Prophet 150 Snow and rain 1 Wyoming mus. notes: 2 World power init 3 Game far prizes 4 Newly decorated 5 Penny------ 6 Roman praise 7 8 SuslaineO attack 9 Purloin 10 Claws 11 Makin'a Gaelic mistake 12 Islet 13 Collections 14 Conic section 15 Go wrong 16 Place to rule 17 Corner 18 Glacial ridge 19 Self-center- ed one 24 Heritable land 26 Stale; Fr. 27 Targets of Women's Lib 30 Presage 35 Chickens 37 Wile of 135-D 39 Hammer and- 41 Again! 43 Followed 44 Modest penultimate letter in Wyoming 46 Shred ol waste silk 48 Direction Lookattha running walerl 51 Dressed 53 Israel: fork part 54 Always 55 Separate 57 Napoleon's surgeon 58 Ciauices 59 Tie 60 Trench box 61 Super jets 62 Willow shrub Diagramless 21x23 by Anthony Morse ACROSS 1 Criticize A Dinei 7 The whole of 8 Inlet 9 Wylic'subject 12 Listening to the staff 16 Trunk T7 Wandering 18 Unit 19 Vegas employes 20 Indonesian paradise 24 Newcomer to the Washington zoo Rouse ,28 Swiss rantnn 29 City on Lake Eria 30 Twin crystal 33 E.Indian dodder 34 -----tothi ground 35 Collection ol notes 36 Compass point 37 Eng.WWII initials 40 River in Northeast Lngtand 42 Ensnare 46 Tennis word 47 48 Larpe majority 50 Jellyfish 51 Main chair in the White House 55 Concur 56 Tarry 57 Noun ending SR Pastry 59 Iron pieca in a mill- stone GO Put down 63 Irish golf- ers gang up on Americar, pro 70 Gargabe-can raider 74 30th Presi- dent siood herupl 75 Ait movement 77 Pronoun 61 In favor of 62 Stir 63 Faim sound 65 Prods C8 Star in Serpcns 70 Neckwear 71 Coniradicls 73 Port on the Huongulf 74 Certify 75 Hound's clun 77 Horsa 73 Thraier district 84 Musical syllable 79 Cairo cockney cheated 60 Nervous 81 Military assistants 83 Purposes 84 Cosy home 86 Nit-pickers 87 Solid alcohol 88 Disappear 85 In fact 86 Dwarf 88 The Grand Canyon 91 Integers: abbr. 02 Top 93 Compass point 94 Uncle: dial. 95 Come by DOWN 1 Sound froni the stands 2 English festivals 3 Theoretical force 89 Noah trades fora 90 Cockney's basil and marjoram 91 Linger furtively 93 Dye plant 94 Choose 95 Encorel 100 Legal matter 4 Black Sea peninsula 5 River to theRhoni 6 Blew a gasket 9 Slsrin Celus 10 E. Indian woody vine 11 Wall word 13 Split 14 Exist 15 Layers 20 Arthurian twin 21 Mowgli's wolf 107 Poetic forms 108 Roman hall 110 Mark on garage floor 111 Trade a commodity 112 Each: poet. 114 Cure 116 Smoothed 118 ------form 179 Paroxysmal emotions 120 Book of devotions 122 Late bloomer 123 Wipe out 124 Oslo an 126 Girls- names 127 the Trianon 22 Went ahead 23 Wife of Alhamas 24 Cat 25 Irish islands 27 Ubangi feature 31 Illuminator '32 BA'ora 37 Color 38 Fresh 39 Last affirm- ative votes 40 Fiiendship 41 African worm 42 Plan 43 Runaways 44 Doing an ecology job at the spa 45 Emotion 46 Boom 47 Rest 49. Despot 50 Resort 52'But: Lai. 53 Spanish relative 54 Nuinero 62 ------grass 63 Medit.islB 64 Strange 66 Pertaining to dawn 129 English county 133 Now 134 Girl's name: var. 135 Husband of 37-D 138 Cot. e.g. 139 Before 141 142 in the sky 67 Printer's word 69 Toward tha stars 71 Legal profession 72 Word War Iliniiiafs 75 Line 76 The Shank 79 StfllUfl 80 ------tima 81 Totes 82 Youngster 83 Canape item 87 Infinitive 89 Energy 90 Profit CRYFTOGHAMS J. SB'ISAl'M B1TTOB 1) L TBANJO: J U R .1 CUB CALT) I10UDLE URN SMITE -ByNorton Rhoadw 2. GOLGOI.F DA IDE K011IIF HE 1ND: "BASAL OK NF BASAL NBI" -ByArchibnldV.McLm 3. TALKY MAYD-SAYD LOYBOMR TOYBOMR ZA 7.KIED-SKIED. -ByA.V.McU 1. Pwffcltrl rrvpl, us shninhm shirt, IB short, funny, nnr) ntlrncls otlentlon, 2. Imngincl 'Tubby top tnuch ought by osmosis. 3. Good hoslrm hit horrilttd when wonderful, high tonffli Ml. 4. Miny people nowadnyi would nuina punpj. ;