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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 6, 1971, Lethbridge, Alberta Wodnesday, October 6, 1971 THE LETKBRIDGE HERALD 7 Alberta trains sights on new petrochemical markets in U.S. CALGARY (CP) Industry Minister [''ml Peacock said Tuesday the provincial govern- ment plans a bilateral trade agreement with the United Si ales involving the petro- chemical industry. Addressing a seminar on in- dustrial development, he said such an agreement would open new markets in the U.S. north- west for Alberta products. Trade agreements between Alberta and U.S. states are not bottle of wine LONDON (Renter) Paul Manno of New York paid a record at Solh- ebys auction house today for a Jeroboam of Chateau Moulon Rothschild 1929 vintage claret. Struck by car VERMILION (CP) Eth- ridge E. Webber, 88, of Ver- milion died when struck by a car as he walked on Highway 16 within the town limits. The driver of the car was not charged. DIETRICH DENTURE CLINIC ROSS A. HOSACK Certified Dental Mechanic National Store Bldg. Ph. 327-7244 Lethbridge It was a world record price for any bottle of wine. The previous record was paid for a bottle of 1848 Prcphylloxera L a f i t e claret, sold by Heubleins in San Francisco last June. The Jeroboam sent for sale by Corney and Barrow Ltd. of London is believed to be only one remaining. The directors of this old, established firm bought two of only eight Jero- boams originally bottled, drank one of them and sent the other to Sothebys. The year 1929 is among the great Medoc vintages of this century and Chateau Moulon Rothschild made one of the finest wines. Because of the size of the Bordeaux Jeroboams Ihe wine bottled in them matured slowly. The 1929 vintage still has a long life ahead of it, ex- perts said. constitutional, he said, and such a pact would have to be bilateral between the two na- tions. He said imposition of the 10- per-eri't import surcharge by the U.S. has underlined the fact that Alberlans can't afford to be insular in their approach to trade. "We can no longer look at one market place and we must aggressively seek new mar- kets. The minister said plans by his department to improve manufacturing and export op- portunities include: of a sep- arate directorate to promote development of manufacturing of new Al- berta trade offices in addition lo existing ones in Los Angeles, Tokyo and London study aimed at develop- ing new sources of financing for smaller businesses besides existing financing available at the federal and provincial level -Establishment of an eco- MASONIC LODGE BARBECUE 702 WING HALL AIRPORT THIS SATURDAY Oct. 9th p.m. ELKS PUBLIC BINGO 1251 3rd Avenue South EVERY THURSDAY 8 p.m. 16 GAMES AJCKPOT IN 50 NUMBERS 10th GAME BONUS JACKPOT 55 NUMBERS NO ONE UNDER 16 YEARS AltOWEDl PUBtlC-UPSTAIRS EtKS AND GUESTS DOWNSTAIRS ENTERTAINMENT for ELKS and GUESTS in CLUB ROOMS Thursday, Oct. 7-METROS Friday, Oct. 8-BRIDGE TOWN TRIO Saturday, Oct. 9-RAYMOND CANADIANS nomic advisory council and promotion of improved com- munication between industry and the department. Delegates attending the two- av '''so heard from rector for the federal trade de-1 industry and increased co-or- manufactured goods hut only and the province should aim for 10 per cent is exported to olh-i a tyrpe! 'if 20 per export triment like more industrial groups formed to promote specilic in- dustries. IT federal trade denart- MacKenzie Hall, regional di-1 ment wants more ideas from dination with government trade piomnlinn efforts, he said. Jack Snary, director of the Provincial Industrial Develop- ment Branch, said Alberta pro- duces er countries. This isn't enough, he said, of manufactured products by 1975. Economy rebelling -Trudeaii OTTAWA