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Lethbridge Herald, The (Newspaper) - October 20, 1973, Lethbridge, Alberta LETHBREOGt uctooer zu, Oil, gas search stepped up EDMONTON if PI The petroleum industry, which claimed last January that in- creased provincial taxes would seriously dampen enthusiasm for exploratory effort in Alberta, appears to have stepped up its search for oil and natural gas in the province in the first nine months of 1973 Statistics compiled by the Drovincial department of and minerals show that the industry paid the govern- ment almost S92 million for exploration permits and lease rentals in ihe first three- quarters of the 23 per cent or million from the comparable period in 197? Michael Day. the province's director of minerals, said Thursday that if industry spending to acquire and hold exploratory land continues at the current rate the amount should reach S120 million for the highest level since 1969 when the govern- ment took in S163 million from permit sales and lease ren- tals The increase came despite tax changes that went into ef- fect last Jan. tax on crude oil reserves and higher royalties that were designed to take another year slice out of industry profits. But industry spokesmen in- sist that 1973's increased spending does not mark a new wave of exploration COULD CUT EFFORTS There have been no signifi- cant discoveries to encourage exploration, they say, adding that current uncertainty created by the federal export tax on crude oil and Alberta's announced intention to in- crease taxes again early next year could quickly curtail in- dustry exploration efforts. The upswing in permit sales and lease with the higher tax- Alberta's take from the industry to million in the first nine months of million more than the government collected in the same period in 1972. Royalties, a tax on production, were up million from 1972. Government revenues from JOHN TOFIN Auction Sale Located 4 Miles South of BOW ISLAND, ALBERTA LUNCH SERVED SATURDAY, NOV. 3 a.m. Sharp Having received instructions from Mr. Totin who hai sold his farm we will sell at Public Auction the following items: model R-170 truck (3 ton) grain box and hoist, stock racks; Ford F 100 ton truck; Jeep, in running order; Chev. T-z ton. auto trans., V8, radio, deluxe cab, also camper unit to fit Chev. and GMC Vi tons. STORAGE gallon fuel tank; gallon 2 compartment fuel tank: gallon portable fuel tank HAY AND 25 tons of choice 1st cutting alfalfa hay; Approx. 25 tons of choice 2nd cutting alfalfa hay; Approx. 25 bushels of certified Betzies Barley seed, cleaned and treated; Approx. 20 bushels of certified Redwood Flax seed, cleaned and treated. LIVESTOCK stock squeeze, model 150 cattle oiler; large cattle feeding bunks; in stock rack for '2 ton trucks; loading chute; Master battery electric fencer; weed chopper electric fencer; quantity of new and used fence posts, plus many other items including troughs, waterers, vet. supplies, etc MOTOR 125 Twin Motor Bike with helmet (excellent HAYING Holland model 273 baler (like new, has been used only one 3 point side delivery rake; Deere No. 9, 7 foot 3 point mower; sweep, adaptable for most front end loaders; foot bale elevator on transport FARM Harris 90 Special S.P. combine with 10 foot McCoy Renn Pickup; 1 Versatile model 103 S.P. swather, 15 foot; Cormick 14 foot press drill model 100; 14 foot fertilizer attachment; model 470 tandem disc. 20 inch discs Cormick No. 50 chisel plow, 17 foot; rod weeder attachment: Harris 15 foot tiller with seeder box; foot Noble packers; 15 foot rotary harrow; Ferguson rod weeders; bar for duplex equipment; 1 McCormick 24 foot rod weeder; Blades, model K-2, with duplex hitch, marker, and hydrau- lic cylinders, (a 14 foot 15 foot spring tooth harrow; 10 foot oneway with 24 inch pans; Harris 14 inch 3 bottom plow; of diamond harrows; harrows; flex harrows with draw bar; land sprayer; 36 foot grain loader with new electric start motor; 25 foot grain loader with gas engine; deck wagons; 1 roto tiller; powered lawn mowers. Chalmers D-17 gas tractor; 3 point hitch, live P.T.O. (used only 1570 hours) complete with Allis Chalmers model 417 Front End loader: bucket and dozer blade. This tractor is a premium unit and should be seen to be fully ap- preciated; Ferguson 95 Super Diesel tractor with Meade cab. Live P.T.O. Good condi- tion and ready to go to work; Moline model U gas tractor, with hydraulics, P.T.O. and belt model 8N tractor, three point hitch and P.T.O. and utility terrace blade. SPRINKLER mile Ireco wheel move sprinkler units. 7 foot wheels, self leveling risers, hydraulic movers. (These units are assembled and located in the field adjacent to the sale site where they may easily be inspected and 301 International Power Unit, with natural gas carb. and Monarch model 205GP type B pump; foot lengths of 6 inch main line pipe with screen and flex line. Also Z pipe, Y pipe and various plugs and valves; pipe wagon; lengths of 4 inch wheel move sprinkler pipe complete with wheels. -SHOP TOOLS AND Comet air amp Lincoln electric welder; anvil; grinder; inch electric drill; 1 inch electric drill; Battery charger, chain hoist, 3 h.p. motor, several hyd. rams, pump jack, grease guns, chains, wrench sets, shovels and many other items, Helley gas range; West- ingnouse refrigerator, chrome kitchen suite; bedroom suite; Westfilia electric cream separator; plus many misc. furniture including beds, dressers, chairs, dishes, etc. The description at to Ihi condition or othtrwlM as MI forth on item Is merely a guldt and li In no way a warranty or guarantee, actual or implied. Neither the auctioneer nor the owner are res- ponsible for any errora in description or condition. SALE CONDUCTED BV PERLICH BROS. AUCTION MARKET LTD. Box 1057, Ofllct 328-3951 Company 071495 JOE PEflLlCH Lie 010293 Phone 328-3772 LlUlbrifll. MIDI BOB BALOG Lie 06745-1 PHOM647-220I ED TORSHER Lie 012467 Phone H5-MS2 few ItlMf. Mem Tony Parilch Lie. 010292 rhom 3214172 the salt1 of exploration per- mits, drilling reservations and lease rentals are considered a good indicator of the petroleum industry's con- fidence in Alberta's explora- tion potential. The govern- ment generally collected more than million a year from land sales from the late 1950s through the 1960s and took in a record million in 1965. A decline then set in and sales revenue dropped off to million in 1970. Hans Maciej. Alberta man- ager for the Canadian Petro- leum Association, attributes the decline to a shortage of ex- plored land near proven dis- coveries. Mr. Day said the last region to attract considerable oil in- dustry bidding was the prov- ince's Crown reserve area of northwestern Alberta. This region, which includes the Zama and Rainbow Lake oil fields, yielded Alberta's last major oil discoveries in the mid-1960s AIMED AT NEW AREAS The current increase in oil industry spending for explora- tion territory is being aimed at parts of the province with petroleum potential once con- sidered only marginally economic but now made attractive by higher prices. "The recent emphasis has been on the shallow gas fields of southeastern Alberta and lands in the northeast with heavy oil and oil sand poten- tial." Mr. Day said In the last two years a num- ber of companies have taken leases in the Cold Lake region of northeastern Alberta in anticipation that higher oil prices and new technology will eventually make produc- ing these resources economic. Interest also continues high in the deep gas prospects of the Rocky Mountain foothills although the likely financial returns from these deep sour- gas reserves are not as im- mediate as from the shallow gas reserves in southeastern Alberta. Mr. Day said. Mr. Maciej said he doubts that increased expenditures on land signal a new wave of exploration in the province be- cause no new reserves have been found. "Oil companies are paying more for leases today in an- ticipation that higher oil and gas prices will make it economic to produce already proven and semi-proven fields which were marginal operations in the past." he Mr. Day said the year-old provincial drilling incentive system, which permits a five- year tax royalty holdiay for new field oil discoveries, has increased drilling and con- sequently encouraged bidding for new land. Mr. Maciej said the in- dustry is uncertain about its future market because of the federal embargo on gas ex- ports to the United States, and the approaching hearing on oil exports. If these uncertainties were not cleared away quickly the increase in exploration spending would be short lived. Geophysical activity in the province was still at a low level. A slowdown in lease pur- chases would take several months to become noticeable, an executive with a small ex- ploration firm said. "We have to plan our pro- grams and buy our land many months in advance." Macdonald 'jumping the gun' EDMONTON (CP) Federal Energy Minister Donald Macdonald is "jump- ing the gun" in presuming that Syncrude Canada Ltd. no longer needs exemption from crude oil export taxes for its S800-million Athabasca oil sands development. Syncrude president Frank Spragins said here. Mr. Macdonald said in the Commons that Syncrude no longer needs the exemption because of Ottawa's intention to use a formula under which domestic oil prices will be related to the price of foreign oil landed at Montreal. Mr. Spragins said in an in- terview that discussions between Syncrude and the federal energy ministry are in the "preliminary" stage and Mr Macdonald has no grounds for thinking that Syncrude is willing to accept the 40-cents-a-barrel export tax CONFERENCE PLANNED WINNIPEG (CP) A con- ference on farm credit here Oct. 29-30 will be the first of its kind in Canada, the spon- soring Canadian Bankers' Association says. The meeting is designed to provide a forum to discuss mutual problems and seek new areas of co- operation. Les Eros AUCTION SALE Located 20 miles East and Vi mile South of Milk River, Alberta. Monday, Oct. 22 1 p.m. Sharp. Lunch served. Terms Cash Having received instructions from Les Eros who ceased farming we will offer for sale at Auction the following: TRACTORS I-I968 Cockshutt Model I850 Diesel Tractor Cab, Hydraulics, Fully equipped; l-John Deere Model B Tractor Hydraulic Loader and Garden Cultivator. TRUCKS I-I965 Ford 700 Series 3 Ton Truck, Steel Box and Hoist, Original Miles, 5 speed trans- mission, 330 Heavy Duty Motor; I-I967 Mercury 250 Ton Truck, 352 Motor, 3 speed, radio, complete unit COMBINE AND SWATHER I-I957 Massey Harris Model 90. 16 ft. Self Propel Combine, RemrrPPickup; I-I967 Massey Ferguson 16 ft. Self Propel Swather. T'VNKS 3-300 Gal. Fuel tanks with stand; I-I35 Gal. Fuel Tank for Pick-up; l-Water Tank; l-Propane Tank MACHINERY I-I968 IHC 18 ft. Double Disc; I-I965 IHC 20 ft. no. IOO Press Drill; I-I970 Massey Ferguson no. 9 PTO Baler; I-IHC 22H 15 ft. Disc Plow (Hydraulics) I-2I ft. Noble Blade 3 Standard l-Massey Ferguson 7 ft. Power Mower, l-Alhs Chambers Side Delivery Rake l-Victory Rod Weeder Attachment I-I2 ft. Noble Straight Blade; l-John Deere 20 ft. Rod Weeder; I-I4 ft. Graham Hohm; I-I2 ft. John Deere Drill (Hiah 4-Fme Tooth Harrows and Draw Bar and 3 Hex Harrows and Draw Bar; 1-Bale Stooker (10 Bale l-Bale Elevator; l-Flat Deck Wagon Rubber Tires. CHICKEN BROODERS 1-4 Light Brooder; l-l Light Brooder. Chicken Feeders; Chicken Waterers CAMPERETTE Camperette to fit I960 1966 Chev or CMC Ton Truck GRAIN AUGERS 1-Snowco 25 ft. Grain Auger and Gas Motor; l-Snowco 24 tt. Grain Auger and Gas Motor MISCELLANEOUS I-2II Water Pump and Motor; Several Electric Motors; Table Saw; Stock Racks; Loading Chute; Stationary Engine; l-Briggs and Stratton Gas Engine; Sharpened Fence Posts, Good quantitly of hand Tools; 3-Lengths of Ridget Plastic Pipe Propane Cook Stove; l-Big Steel Wheel; Quantity Lumber; 20 Bushel certified Neepawa Wneat; I of Steel, Mill HOUSE AND ANTIQUES l-Oak Round Table l-End Table l-Antique Butter Churn and I Ib. Butter Maker; l-Antique Box; l-Antique Frig. l-Old Washing Machine; 1-Coal Cook Stove; 1-15 Gal. Clay Crock; 1-Propane Cook Stove; 1-Wringer Washer. dtjcrlpllon at to condition or olharwlM Mt lorlh on Men Itam It t It In no way warranty or quaran M, or Implied. Nallhar lha auctlonatr or owner art lor any wort In description or condition. Periled Bros. Auction Market Ltd. Box 1 057, Lethbrldflt) Office Phone 328-3951 Company Llenaaa 071485 JOE PERLICH ED TORSHER BOB BALOG TONY PERLICH licO10203 I ic I H, Phono 328-9772 Pnonn ry15-6'152 Phone 6-17-2P01 Phono Lolhbnclqo Alia Uow Island AIM Milk Rivor Alia I olnhndqo AIM abolilion urged OTTAWA (CP) A Con- servative asked the Commons Tuesday to approve abolition of the Senate because it has become merely "a repository for Liberal party supporters." The motion by Tom Cossitt (Leeds) did not win the unani- mous support required for a debate. Outside the Commons. Mr. Cossitt snid he is exasperated with the of the Senate. His action, he said, was made to protest the recent Senate appointments of three Liber- als: Former British Columbia Liberal leader Ray Perrault. Toronto lawyer John M. God- frey, and Maurice Riel, for- mer chairman of the Mon- treal Metropolitan Corp. After the guilty plea Former White House counsel John W. Dean III and his wife, Maureen, leave U.S. District Court after he pleaded guilty to conspiring to obstruct the Water- gate investigation. Dean had held out for total immun- ity from prosecution before finally agreeing to plead to a single conspiracy charge. Food bill triples in some cities OTTAWA (CP) Food prices in eight of 12 regional cities climbed at rates double or triple the national average rise last month. Statistics Canada reported Friday. "Food indexes advanced in all cities, except Montreal and Quebec City, reflecting higher prices for meat, poultry, dairy products, bakery and cereal products, eggs and food eaten away from home." the report said. At the same time, another report from the international Organization for Economic Cooperation and Development showed Canada with the swift- est-rising food prices among eight major nations in North America. Europe and Asia, based on figures up until July. The Statistics Canada report said five cities showed food price increases triple or more than the national in- crease of nine-tenths of one per cent in September. They were St John's, Nfld., with a jump of 3.2 per cent: Saint John. N.B.. with 3.1 per cent: Thunder Bay. three per cent. Edmonton-Calgary 2.7 per cent, and Vancouver 2.9 per cent. Food prices dropped seven- tenths of one per cent in Mon- treal and declined five-tenths in Quebec City. Toronto showed an increase of two-tenths of one per cent in food prices in September and Ottawa a rise of five- tenths, both lower than the national average increase, the report said. "I am totally fed up with high prices and high un- said MP James McGrath of St John's East. Conservative food prices critic, in a blast at the Trudeau government. He attacked what he called the Liberal government's "in- tolerable inaction on the issue of rising prices in Canada and its crass, sanctimonious at- titude toward Canadians who are experiencing the effects of escalating prices and high unemployment." The Statistics Canada report also showed that St. John's over-all living costs last month rose 1.2 per cent, double the national rise of six- tenths of one per cent, and Ambulance training planned EDMONTON (CP) The Alberta Ambulance Operators Association received a "favorable response" but no money when it asked the provincial government to defray the costs of a training course for drivers and atten- dants, Roy Warren of Edmon- ton, the association's treasurer, says. He said the association will probably renew its request for financial assistance but meanwhile Smith's Am- bulance in Edmonton will go ahead on its own with a train- ing program to meet stan- dards recommended by the Alberta Medical Association. stood 9.6 per cent above a year earlier for the steepest rise among the 12 cities. Nationally, over-all living costs in September were up 8.5 per cent over the year. The report showed two other cities with double or more September's national rise in overall living costs, Saint John with 1.2 per cent and Thunder Bay with 1.4 per cent. Five cities also had higher rates of inflation than the na- tional average last with 1.1 per cent. Edmonton-Calgary and Winnipeg one per cent each, Halifax and Saskatchewan-Regina eight- tenths of one per cent each. Four cities where living costs rose more slowly than the national average were Toronto and Ottawa with in- creases of four-tenths of one per cent each. Quebec City vith three-tenths and Montreal with one-tenth of me per cent. Canada's 8.5 per-cent national rise in living costs aver the last year is the steepest in 22 years. MRS. MARGARET HUNZINGER AUCTION SALE TERMS CASH LUNCH SERVED Located 3 Miles North of Carmangay, Alia, on Highway 23, then 5 Miles West I Mile North, or 14 Miles East I Mile North of STAVELY, ALTA. TERMS: CASH LUNCH SERVED TUESDAY, OCT. 23 1 P.M. SHARP HAVING RECEIVED INSTRUCTIONS FROM MRS. HUNZIGER WHO HAS RENTED HER FARM, WE WILL OFFER FOR SALE THE FOLLOW- ING: TRACTORS GRAIN DRYER Model 300 Utility Tractor front end loader, 3 pt. hitch good rubber; Model AC Tractor PTO, good tires; 270 bushel PTO Grain Dryer, used very little. COLLECTORS' ITEMS Churn; Irons; 2 Battery Radios; Violin Wodden Case; Kitchen Cabinet; Wardrobe; Steel Bed; Several Chairs. SPRINKLER UNIT FUEL TANKS Sprinkler, consisting of 2" pump, press- ure tank, aluminum pipe, plastic line, etc.; Gal. Water Tank; Gal. Fuel Tank. MACHINERY ft. Duplex K7 Noble Blade; 15 ft. No. 2 Swather; 12 ft. Wide Level with fertilizer attachment, hyd. lift; of Coil Packers; Rod Weeder; Moline 4 Bottom Plow on steel; Rotary Mower Blower; 4 ft. 3 pt. hitch Disc; Pt. Hitch 4 ft. Tool Carrier adjustable blade; No, 28 16 ft. PTO Swather No. 5 12 ft. Rod Weeder; 15 ft. Discall; Arrow 43 ft. Weed Sprayer; Deere 10ft. Oneway Plow; Deere No. 55 Trail Type Sprayer; ft. Pickup Reel; Metal Fanning Mill Hopper Screen; Bottom 3 Pt Hitch Plow; ft. Rear Mount Mower; Mixer; D. 14 ft. Reel; Wheel Trailer Box; I Mayrath 16' 4" Grain Auger. MISCELLANEOUS Electric Press. Table Saw, Lawn Mower Clintin engine, Swath Turner, Tarps, Seed Treater, Several Ladders, Beam Scales, Forks, Shovels, Electric Saw, Bin Cleaner, Electric Motor, Barb Wire, 3 Tarps, Forge, Chains, Hydrauli Lumber Large Quantity of Scrap Iron. Quantity of Planks, etc., Rifle. HOUSEHOLD Drop Leaf Table, Po'e Lamp, 3 Piece Chersterfield Suite, (2 Kitchen Suites 4 Chairs Table 4 Kitchen Chairs, Frigidaire, 17 cu. ft. Deep Freeze, Serval Propane Fridge, Moffat 4 Burner Propane Range, G.E. Fridge, 2 Piece Bedroom Suite, Cot Mattress, Connor Electric Washing Machine, 3 Double Beds, Jars, Dishes, Books, etc. The description as to condition or otherwise as set forth on each item is merely a guide and is in no way a warranty or guarantee, actual or implied. Neither the auctioneer or Ihe owner are responsible lor any errors in description or condition. SALE CONDUCTED BY PERLICH BROS. AUCTION MARKET LTD. Box 1057, Lethbridge Office Phone 328-3951 Company License 071465 JOE PERLICH Lie 010293 Phone 328-9772 Lethbridge, Alberta BOB BALOG LlC 067454 Phone 647-2201 Milk River ED TORSHER Lie 012467 Phone 545-6452 Bow Island, Alberta TONY PERLICH Lie 010292 Phone 328-9872 Lethbridge, Alberta HEY HAVE A LAPy Don't hunt around for auto glass replacement. Come straight to us, for Carlite. Van, camper and truck windows a specialty. Drive in or phone. Trans Canada Glass 3IB Carlite Lethbridge Glass Co. 1267 3rd Avenue S. Lethbridge ;