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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 11, 1971, Lethbridge, Alberta Bond prices Supplied by Doherty Roadnouse and McCualg Bros. COVEINMENI OP CANADA BONDI OOVEBNMtHT OF CANADA OUAUNTIED BONDS CM. Not. ihrr. 6 Bid Apr 1, '71 Matured Sept 1, '72 99.80 100.00 514% Oct.' 1, '75 98.75 99.25 8 Jul. 1, '78 107.50 108.BO 4W% Sept. 1, '83 83.62 84.12 Perp 3 Sep. 15 39.00 41.00 6Vi% Apr. 1, '75 101.50 102.00 7Vi% Jul. 1. '75 103.75 104.25 Sep. 1, '92 83.50 04.50 Alberta Ont Ont Hyd New Br Nfld N. S. Quebec Albert a Man Hyd Sask PKOVINCIM '90 103.00 106.00 '88 92.00 94.00 '94 107.50 109.50 IV'z't '90 107.00 109.00 '74 99.00 101.00 '92 85.00 37.00 '74 100.00 102.00 '90 105.00 1U8.00 '91 99.00 101.00 '90 104.00 SyGene Fawcelle LIKE SQUIRTING FOAM TOM ASIAN! CAN OFSHAVIMS CREAM, TRUCK FARMERS ARE NOW SPRAYING FOAM OVER THEIR CROFSTOINSU tATE THEtt AeAlNSf SUDDEN FROSTS. A SPECIALLY- EQUIPPED TRACTOR CAN COVER TWO CR MORE ROWS AT ONE PASS... THE SOU.. r F0P luflk.r ilntf ila-nBcd, d ....lop. 'a MFWI Canada Wid.. SI. ili.ll VI-, Nfld 9Vi% '90 105.00 107.00 ACT 8 '74 100.00 Man Tel 8 '74 100.00 INDUSTIIAl '89 Alta G T Alcan B.C. For B.C Tel Bell Tel 9Vtc'' Bell Tel CPU CP Sec Cdn Util CMHC Gulf Oil Inler P P Massey 9Vj% Noranda Int Nickel 914 N and C G S of Can Tr Can P 9Wr. Tr Can P 107. '90 105.00 '91 106.00 '92 102.50 104.DO '90 106.00 '79 106.00 10S.OO '93 106.00 108.00 105.50 107.50 'SO 103.00 105.00 '91 104.00 '90 104.00 '90 105.00 107.00 '90 106.00 '80 101.50 '90 105.00 '90 106.00 '91 105.00 107.00 '90 106.00 '90 107.00 109.00 '90 100.00 110.00 CONVMTItLE! Alta G T '90 122.00 125.00 Cons Gas '89 99.00 101.00 Scur Rain '88 07.00 90.00 Tr Can P 5 '09 95.00 97.00 WC Tr '80 92.00 M.60 WC Tr 7Vz% '91 117.50 119.50 Dynasty 7 '82 81.00 85.00 Acklands TA% '88 75.00 BO.OO Nef earnings By THE CANADIAN PRESS Bank of Montreal, nine month.' ended July 31: 1971, 94 cents a share; 1970, cents. First Cily Financial Corp. Ltd., six months ended June 30: 1971, 39 cents a share; 1970, no figures available. Lincoln Trust and Savings Co., nine months ended July 31: 1971, 80 cents a share; 1970, 17 cents. Robert Mitchell Co. Ltd., six months ended June 30: 1971, 51.24 cents a share; 1970, cenls. Ronalds-Federated Ltd., Btx months ended July 31: 1971, 87 cents a share, 1970, 65 cents. Tancord Industries Ltd., nine months ended July 31: 1971, profit; 1970, loss. REALTORS OR THOSE WHO WANT TO BE Weslbonk Real Estate has opening! for serious career minded Galas people draw an excellent incentive plan. All interviews strictly confidenlicf. Call FRANK TINORDI-AT 328-1044 THIRD CLASS STEAM ENGINEER IMPERIAL OIL Requires A Third Class Steam Engineer to work in a high pret- jure fleam plant located near Cold Lake, Alberta. Only applicant! with steam experience need apply. Salary com- mensurate wilh experience. Applicant) should reply lo J. M. Glennie, Employee Relations, Producing Depart Imperial Oil Limited, 10025 Jaiper Avenue, Edmonton. ANOUNCEMENT MR. J. TARNAVA Mr. T. G. Martin, vice- agcr of United Molars Co. prejidenl and general man- Lla1.. is pleased to announce the appofnlmcnt of Mr. J. Tarnavo as manager of the new Housing and Mob] la Home Division. Mr. Tornovo hat served Mie company with distinction in jales for ccvcral years and for tho pas) years was sales monfjfjcT of Uni.eri. His new poiillon reflects iho impor- tance tho: M'i> company is placing In thq growth of Its housing morkoii. MR. L. PHILIPS Mr. T. G. Martin, vice- president and general ager of United Motors Co. Ltd., Is pleased to annauncn the appointmenl of Mr. I. Phillips (a rho position of sales manager. He has had an outslanding career in sales wilh United having achieved Soles Honor Club rating for B consecutive years and In 1968 wa-i iho recipient of tho Prosfdenl's Award as top American Motors Salesman In Canada. Ho will co-ordjnnfo thfl tale of now and used cars, jeeps and Scamper trailers as well as heading the Trailer Rental Djvjilon. Western oil is strong By ART JOHNSON Canadian Press Stall Wrllcr Canadian stock markets ended the week almost un- changed as sharp declines Fri- day cancelled small advances of earlier sessions. Trading activity during (he four-day week showed a sharp increase from last week. Mar- ket.1; were closed Monday, Labor Day. Average daily volume at the Toronto Stock Exchange was 2.18 million shares, up from an Pipeline target date abandoned WASHINGTON (AP) Tho. U.S. interior department had abandoned hope of meeting its mid-September target date for completing an environmental impact study of Hie proposed trans-Alaska oil pipeline. The completion target now is being described only as "mid- autumn" and is considered flex- ible, Jack 0. Horton, head o[ the department's pipeline task force, said in an interview. He said department experts are still plodding through a de- tailed project description sul> mitted Aug. 6 by Aleyeska Pipe- line Service Co. The plan is a five-foot stock of 25 volumes weighing about 161 pounds. Aleyeska, a group of seven oil companies, wants the depart- ment's clearance to build an 800-mile pipeline across federal land from Alaska's North Slope to its southern seaport at Val. dey. Conservationists have charged that the pipeline and a planned oil-tanker link to the lower West Coast would pose se- rious threats to the environ- ment. The interior department's first attempt to seize up the en- vironmental impact in a draft statement last January was se- verely criticized by environmen- tal groups. Horton said the final state- ment will discuss two major as- pects omitted from the draft statement: the tanker link in the present proposal, and the al- ternate possibility of an all-ov- erland pipeline route through Canada. Living cost rises faster in the U.K. WASHINGTON (Reuter) The International Monetary Fund reported here that the cost of living in Britain rose sig- nificantly faster in the first half of this year than that in any other industrial country. At the end of June, consumer prices in Britain were 10.3 per cent higher than a year earlier, the IMF's monthly statistical bulletin says. This compared with an in- crease of 4.5 per cent for the United States and 2.4 per cent for Canada. Tlie only industrial countries whose inflation rale approached that of Britain were Japan at 7.9 per cent, The Netherlands at 7.6 per cent and Denmark at 7.1 per cent. The rate of consumer price in- creases in the European Com- mon Market averaged out at about half the British rate. START U.S. VISIT NEW YORK (AP) Prince Hitachi and Princess Hanako of Japan have begun a two-week U.S. visit that include a meeting next week with Presi- dent Nixon in Washington. IN EDMONTON Stay At the RIVIERA THE HOTEL WITH MORE TO OFFER AND WE NOW HAVE COLORED TV For Your In Making Reiflrvalionl CALL AND ASK FOR LONG DISTANCE ZEnilh 0-7255 or no cast lo you IVIERA MOTOR HOTEL 5359 Calnory Trail Edmonlon, Alberta Phono: (403) 434-3431 037.2510 Horton said he could not pre- dict more exactly when the statement would be finished. "We feel it is of paramount importance to do it he said. BLOCK DEFT. ACTION Department action already has been blocked for the last 17 months by a federal court In- junction won by conservation- ists claiming interior had not made the environmental study required by the National Envi- ronmental Policy Act. Interior Secretary Rogers C. B. Morton said last March: "If we don't do a good job, it could get into the courts and stay in the courts a long time." Once the environmental re- port is issued, Morton is re- quired by the court injunction to allow at least two weeks' notice before acting on AJeyeska's ap- plication. Horton said the need for natu- ral gas pipelines from the North Slope is being considered. John N. Nassikas, chairman of the Federal Power Commis- sion, said recently that natural gas pipelines would not be feasi- ble along the proposed oil pipe- line route to an Alaska seaport, but would have to go overland through Canada lo reach the lower United States. Horton said the possibility of locating both oil and natural gas pipelines on the same right-of- through Can- will be discussed in inte- rior's environmental statement. Average of 1.80 million daily last week. It was the most ac- tive trading week since early July. The Toronto Slock Exchange's industrial index, a key indicator of market action, declined .12 on the week to 178.49. On the Montreal and Cana- dian exchanges, the composite index advanced .28 of a point to 183.30. CREDIT TAX DECISION Analysts attributed part of the buying strength early in the week to news last weekend of a United States administration de- cision against an excess profits tax in the U.S. Increased interest also was attributed lo continuing enthusi- asm for U.S. President Nixon's economic program, announced Aug. 15. Some observers had antici- pated that Mr. Nixon, in a speech to Congress Thursday, would announce economic de- velopments that would buoy the market, but found that it con- tained no surprises. Mr. Nixon said the wage-and- pricc freeze would end Nov. 13, replaced by an unspecified sys- tem of wage and price stabiliza- tion. After Mr. Nixon spoke Thurs- day, the Dow Jones average of key industrial issues slipped downward. DOW DOWN The Dow average continued to slip Friday, and on the week was down 1.68 points to 911.00. Western oil issues continued strong on markets during the week, with the Toronto ex- change's western oil index reaching its highest level in about two years Thursday. Their strength was attributed in part to increased buying by U.S. investors of shares of Canadian resource concerns and to ex- emption of raw materials, such as gas and oil, from the U.S. ad- ditional import duty. Base metal issues dropped back a bit during the week and the Toronto exchange's index of these stocks was down .63 to 89.29. The exchange's gold index slipped .49 to 174.66. Says: WILDFIRES WASTE RESOURCE OJST MONEY.1 Ili'lp IVcvrnl All Wildfires Dividends By THE CANADIAN PRESS Canadian Pacific Investments Ltd., per cent pfd. 47'A cents, Nov. 1, record Oct. 8. Hiram Walkcr-Gooderham and Worts, 30 cents quarterly, plus extra of 25 cents, Oct. 15, record Sept. 23. International Ulililies Corp., 55.00 pfd. J1.25; pfd. pfd. series B convertible pfd. all paya- ble Dec. 1, record Nov. 12. John Labatt Lid., 18 cents, Oct. 15, record Sept. 17; pfd. A 25 cents, Nov. 35. record Oct. 22. Strlurdny, 11, THE LETHMIDGE HERALD 27 Nixon meets labor chiefs WASHINGTON (AP) Tlie U.S. government and organized labor seem liiely lo agree on a national nnli-inflalion program after a meeting of lop labor leaders and President Nixon. George Meany, president of Meat, poultry processors get ivarning WASHINGTON (AP) Tho U.S. agriculture department, bowing lo court orders, has made public thousands of warn- ings sent to and poultry processors suspected of violat- ing federal inspection rules. The disclosures were forced by lawsuits brought against the department by the Centre for Study of Responsive Law, a Ralph Nader organization. Department officials had con- tended the documents were privileged information involving enforcement of federal rules and not subject to the Freedom of Information Act. But a U.S. district court In Baltimore ruled 15 months ago lhat the letters and notices or- dering meat detained were in the public domain. A court of appeals in Richmond, Va. up- held the order May 25. SIMPSONS-SEARS requires 2 MALE MANAGEMENT TRAINEES Only with Univenily or a strong Retail Background will be considered. We offer a full range el Company Benefit., Including Staff Discount and Profit Sharing. Why not ioin on> of CanauVl largiil Retail Organiza- tions for a challenging futurt. MR. J. ABLE, Operating Superintendent, Simpsoni-Seari Lid., Centre Village Mall the powerful AFL-CIO, led six other union chiefs into a two- hour White House session re- cently and then said "I told him Nixon, in effect, we would co-operate in any system that was equitable and fair." "We were said Jo- seph A. Beirne of the Communi- cations Workers of America, "that the president and his ad- visers will be giving serious consideration to the viewpoints expressed." Element? of uncertainly over how the government and labor will finally stand probably will be resolved after Nixon meets next week with representatives of business, agriculture and the Congress. One of the labor participants told an aide "he felt that Nixon understood what they meant when they talked about the problem of workers who have wage increases coming due dur- ing the freeze." This has been one of (he points labor has pressed for since the freeze was declared Aug. 15. Nixon's press secretary, Ron- ald L. Ziegler. said the union leaders were both candid and helpful in the meeting. END OF ERA Wagon wheels stopped rolling on the Sanla Fe Trail about 1880. H. H. Smith Ltd. Customs Broker corns Phoni 344-3B22 1 Wtupofil of yore. 7 Husaeln. for one. 11 NCEI. 15 Mexican cactus, Form a knife. 23 Viva vocfi. 24 Unwilling. Factor in campui life. 27 Mortal life. 28 Enumerate, E9 Mexican tree. 30 Finn. 31 Particular. 33 Lamentfi. lion. 35 "La 36 Type of cracker. 38 Resource. lOFIccn. 41 Extremely. 42 Scottish Tenth. Went under. 45 Harnesi strap. 46 Ride Invitation. 1 A "Peanuts" tyke. Z William tho Conqueror's 3 Stairway post. 4 English river. 5 Graduate of English school. 6 Tranquil. 7 Competent. E King: Fr. 9 High: mm- 10 Puerile. 11 Have an Inordinate desire. By Joseph La Fanci EXPRESSIONS IN TIIE NEWS ACROSS 49 Egyptian 79 Mexican heaven: var, 60 a .iitenl 61 Wind Instrument. 62 Drooping. 63 Duke athlete... EG Akin. 59 Bluff King .j group. 61 Choice. 62 Au Laughing expression. 64 Enliven. 66 Iniect. 67 M-ndrakVi girlfriend. 69 Fabled moly. 70 Lodge. 7T Grave fft a prairie. 72 Expound. 73 Gunther'a 74 Bestow approval. 75 Cily in Arizona. 77 Besmirch. 78 Bishop's symbol. SO Electro- magnetic generator, fil African. antelope. 82 "Mister" jrt Vienna. S3 Irish 84 Houston baseball player. S5 Malayan prince. Lang Syne" time 89 Nothing. SO Donizetti opera. 91 Trumpet key, e.g. S3 Droop. 94 Old-time note. 95 Clerlca.. office. 97GlrMe magazine! feature. Preeminent. "100 Campus cutie. 101 Endure. 102 Region ot Greece. 12 Ancient Syria. 13 Buddy. 14 Factor. 15 16 Balanced. 17Champagn8 descriptive. 18 National political issue. 19 Backward. 20 Cautious. Maria." 32 Duffer's padget. 34 Sturdy tree. 37 38 English river, DOWN tiiagramless 19 x 21, By Belly Lcary ACROSS 1 Caress-. 22 Parlor: Fr. 4DimInishei. 25 Scamper. C Have a 27 Before feittf. share If. 28 Repeat! tean. before an 9 Bakery item. audience. 11 Anger. 30 Song. 12 Latin mother. 31 Miss Eamea 13 Boy in and others, thrsbox. 33 European 15 Jab. country: 15 Physicians' abbr. group: Init, 34 Talk. 19 Light blue. 35 Digit. 21 Valleys. 36 Necessary. 39 Campui "happen. Ing." 40 meeting. 11 43 High-strung. 44 Factor In American opinion? 45 Function. 46 Sunk 47 "The Good Earth" heroine. 48 Socially consclout Individual. 49 German pronoun. fio Smite. 38 Wharves. 39 Attention getters. 41 Quality or condition! tuff. 42 Narrow inlet. 43 Trading center. 44 WW I term for German army. 45 Settles securely. 4ft Pronoun. 50 Away from the wind. 61 Owing. 62 Goose 134 Versifier. 135 Regan'a father. 136 Short trip en purpose C1 City In Afghanistan. 63 Wine cask. 54 Cause to fed groovy. 65 "quickly." Airport neerf, 67 Eldritch, Exclude. 62 Present day "money." 65 C as aba. e.g. 66 TV marino In reruns. theater. 69 Rugged; 71 Perle S3 U.S. phll- anthroplst. 64 CalhedVal. 56 Section. 57 "Say so." E9 Restrict, 60 Like a bunny. 61 Man's name. E2 Holy person: Fr. abbr. 63 Indians. 64 Loafer. 66 Song. 68 Also. 69 Decorate. 70 College group: abbr. 71 Having more rubtance. 74 Open-air business structure. 75 deMcd: 76 Sapid. 77 List of candidates, 7B Whimper. Defense Secretary. 73 Man's nickname. 74 Bishopric. DOWN 1 Peel. 2 Insect. 3 Bakery llfims. 4 Cloth ridge. 6 Hockey equipment. 6 Public land, 7 Piece o'.'t. 5 "Old London iheater. 10 Schoolroom equipment. 12 Harm. 81 Formerly. S2 Maintained. 85 Lopez's sorifl. 87 Woe unto us I BB 90 Part of a saxophone. 92 Emmet. 13 European mountain range. 14 Swiss river. 1516th century stately dances. 17 Son of. 1B Girl's name. 19 Parthenon location. 93 Dormouse. S6 Part of speech. 97 Instance. 98 Insect. 99 Prophet, 101 Playful caress. 103 Lesi 20 Inactive. 21 Owner, occupied estate. ;J Under other circum- stances. S4 Something almost fatal! colloq. 25 Rested. plain. 105 Wildly gay. 106 Southern state: 107 Footwear. 108 Severe In design. 109 Out of condition. 20 Agreed. 28 Close aoiln In a way. 29 Rds. 32 French Mr. 33 Controvert 36 Direction. 37 Laundry workers. 38 Atternooni: abbr. 110 Burrt tomewhat. 71J FoFd. 112 Letter. 113 "West Sldi Story" character. 114 Cambric. 115 Moved gradually. 40 Euay subject. 44 Wham. 46 Alexis Nobefjjrizfl winner. 47 Silkworm. 49 Kiln: var. 51 Find. S3 Irritate. 55 Explosive. 118 Liberate. 119 Growl, 122 Knightly title. 124 Gold: 125 Lyric poem 1270dallsqui chamber. 128 Pronoun. ES Certain restaurants 68 Also. 60 Daughter of Gaea. 64 Glide. 65 Stolen: 67 Branch. 68 Fir. 70 Number. 72 Golf peg. CRYPTOGRAMS 1. HXEOSULI HUMOR MAGOO QLRM0.1JI TLBR MX RZCOLS EXHRTJZ: "MONOZAXIO, MONOEGLZA, SO SOLUTIONS OF I.A9T TEEK'S PUZZLES MONN FB TUQO. BrBerbiraT.Rngf 2.BPRSK HBEGEBKDVJ RTVSJ AKVJHDG IOSEPHSV EA TJIERV .XBJOHB JOSEKEXITDG. 3.-MERI STRATIN ST RAYINf ASWHAKI AS YJITAKI" TVHTOM OMI EDDTO: .-ByArchibilJV.Meleel List Week's CryptoRrams 1. Cjistlc'n unique inliimei Mend, baroiiue rococo. 2. Snlolencs, lilolehri, dribUr.ll bad made up curious bolcbed muni. 3. Honolulu alumnae sbun loan: no males. c Fidd Enterprises, 1971 ;