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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 29, 1971, Lethbridge, Alberta Wedn.lday, Stpt.mber 1971 THE LETHBRIDCE HEKALD 13 Hellyer party mum on membership figures OTTAWA (CP) Action Can- ada, the political movement founded by Paul Hellyer last spring, is drawing members from all walks of life, but the biggest single groups are unem- ployed persons and people from 45 to 40. The movement, which holds its first convention in Toronto O-'s weekend, is keeping its jnibership figures secret until that meeting begins, bul a com- mter study of Ihe membership ards shows that 21 per cent are leld by unemployed persons. be next biggest cent, are held by professio: persons EXPERTS BAFFLED Deod birds are collected in Prince Rupert for analysis by the department of agriculture in Vancouver. Authorities are baffled by the deaths of scores of small birds in the north coastal B.C. port. Reports reaching Prince Rupert say bodies of larger birds, including eagles, owls and rovens, have also been found with- in a 50-mile radius of the port. ____________________ Business Spollighl Mutual funds slipping tion; c-igiil per cent are stu- dents; seven per cent are house- wives; six per cent are business executives; five per cent are business owners; another five per cent are "blue-collar" work- ers; two per cent are semi- skilled, and one-half of one per cent are unskilled. By age group, 20 per cent of the membership is 45-W, about 23 per cent is 30-44, some 20 per cent is 60 or over, another 17 per cent is from 21 to 29 and eight per cent is under 21. An estimated nine per cent did not give their ages. membership cards shows that 67 per cent are from regular members, who paid the 21 per cent from tile unemployed, and 10 per cent from students who each paid Mr Hellyer, a former cabinet minister and a Liberal leader- Housiiig project raises fears A further breakdown of I he .ship candidate in 1968, has de- clined to give membership fig- ures on the grounds that Action Canada would be tipping Us CLARESHOLM (HNS) A number of residents in the northwest part of town have ex- ____ 13 per pressed concern over Ihe pro- ssional posed construction of "low- cost" housing in the area. Regular membership costs ilO. It is free to persons unem- Joyed. They have the fear the con- struction of duplex houses, one to a 60-foot lot, might affect Eleven per cent of the mem- 1 their property values. bers are classified as "white Council recently approved 10 per cent aro retired; construction of five semi- nine per cent listed no occupa- i detached units and five singlc- liand prior to a federal election family dwellings by Challenge he slil! expects this fall. But he says these figures will be released at the Toronto con- Homes Ltd. of Edmonton at a total cost of about Council gave the [mm a 60- day option on 10 (own-owned lots at a fee of SI per loi. John Bell, president of Ihe company, said construction could begin in a week. The homes will be offered for sale to people in the to salary range with down payments starting at vention to give more meaning to the various votes to be held. The Conservatives and Social Credit parties are expected lo send observers lo the conven- tion, which will vote on basic policy and decide how Action Canada will involve itself in fu- ture elections. The organization has already decided to nominate, or support, candidates in the next election, but Mr. Hellyer favors the rnaiiilenance of Action Canada as a movement, as opposed to becoming a full-scale political parly. Bylaw allows tenant vole on money EDMONTON (CP) City council authorized drafting of a bylaw which would allow len- nanls to vole on money by- laws. The legal department ha.c been jnslnicted to prepare Lhe bylaw, required by provincial legislation before renters car have the same voting status as property owners. TORONTO (CP) After 20 years of growth, mutual funds appear to be losing some of their appeal. Alan Johnstone, president of Uie Canadian Fluids As- sociation, says the trend has the industry "examining its soul and acknowledging Hie need to increase the calibre of its sales- men." The association represents about 50 funds holding almost 90 per cent of the total assets of Canadian funds. Sales of mutual fund shares dropped 40 per cent to mil- lion in 1970 and the sharp in- crease in share redemptions, or cash-ins, resulting from sagging stock prices in 1969 has not ta- pered off. At the end of 1908 sales- men were selling mutual funds in Canada. Now there are about "We are quile cognizant of a certain loss of confidence and an erosion of our public says Mr. Johnstone, president of a Vancouver-based fund man- agement company. In an attempt to improve its image, the industry has estab- lished the Canadian Institute of Financial Planning. "We believe that our future will lie in providing an in- creased range of dle to grave maybe. Tnat means, first, training a new profession of general practition- ers in the field of Financial man- agement." The newly-formed institute's board will hold its first meeting Oct. 15 to discuss policy and plans. Answering critics who say the industry is non-competitive be- cause of the similar commission rates charged by most of the funds, Mr. Johnstone says such a system allows fund buyers to know exactly the cost of pur- chasing shares. "Can you say that about any other Mr. Johnstone opposes a re- cent Ontario law which makes it an offence for anyone to "twist" or attempt to a client from a whole life insur- ance policy to term insurance. Ill some provinces salesmen are allowed to sell both mutual funds and insurance. Most funds which, sell insurance offer their clients term insurance, or lerm insurance with mutual fund shares as a package. He says the new law is a "thinly disguised attempt to protect the insurance compa- nies' area of greatest revenue lo the disadvantage of policy-hold- ers. Despite the slump the mutual industry now is experiencing, Mr. Johnstone is confident the decline in fund sales has turned around and is on the upswing. "Now is the second-best op- portunity in our lifetime to ac- quire fund shares. The first was in May, 1970, when stocks prices were in a trough." Bank without workers NEW YORK (AP) Hun- lington National Bank of Co- lumbus, Ohio, has announced plans to open an automated branch office without employ- ees. Huntington off i c i a 1 s, an- nouncing the plans here to- day, said the branch, sched- uled to open next April, will offer about 93 per cent of all consumer banking services, including making small loans and transferring funds from one account to another. The branch's equipment will include an automatic teller, a currency and coin changer, a postage stamp machine and a pay telephone. Edward A. Huwaldt, Hun- tington president, said the bank estimated it could estab- lish 10 of the 24-hour auto- mated branches for the cost of one normal branch office. Huwaldt said the bank plans to ask the U.S. comptroller of the currency soon for permis- sion to open several of the au- tomated branch offices. Stupidville election issue sizzles STUPIDVILLE, Tenn. (Reu- Icr) The one-man election in South Vietnam and the wage-place freeze both have been raised in Slupidville's currcnl mayoral election, but Ihe main issue is thai the only candidale, Sam Biggs, just re- cently returned lo town after a five-year absence. Biggs, who gave S'lupidvillc (population 187) its name and developed ils ists posing next lo the town sign to have their pictures ta- moved lo nearby Nosey Vnllcy to live wilh his mother after gelling a di- vorce. Nosey Valley is four miles north of Stupidville on U.S. Highway 27. Stupidville is Ihree miles north of Warl- burg, counly seat of Morgan County. Asked why he did not be- come Nosey Valley's mayor, Biggs replied: "She's got a mayor already. He's Jay Bird, who founded Nosey Val- ley soon after I founded Stu- pidville." REPLACES SIGN One of Biggs' first chores after reluming lo Slupidville was to replace Ihe lown sign, which had beer, lorn down. Now lourisls stop again, he said. He does not mind that he has no opposition in his re-el- ection bid. "After all, Presidenl Ngu- yen Van Triieu is doing the same thing in South Viet- he said. "I'm not like Thicii. I don't look upon my race as a vnlc of confidence. I'll scltle for a one-vote ma- jority." Asked about President Nix- on's wage-price freeze, Biggs sdd: "ft doesn't apply here and Ihercfore is no problem. Stupidvillians' pay has been frozen for decades and prices have always been a bargain hereabouts." About fat people PORTLAND, Ore. (AP) Obesity "is an inherited dis- ease. It's nol simply thai people arc pigs." That's the opinion of Dr. Edgar S. Gordon, n University of i s c o n s i n mcdicai re- searcher. In an interview during Ihe recently completed Oregon Association conven- tion, Gordon lolcl of studies by him and associates on the chemistry and metabolism of fal. people. "Our studios of fat. children show Hint they actunlly eat less than a normal he said. "And fat people in general -Ihere arc n lot of things alioiil Ihcir chemical machin- ery. They don't behave like normal people at all. "They have a biological ma- chine thai, is so efficient they (Jon'l need nil lira loot! they eal so they store all the ex- cess in fal." Gordon said: "A gcnelical- ly-fransmilted disease does nol have lo be present from birlli. Because you don't have a fat father and mother docs nol mean you don'l have Ihe pallern for it." Rogers, who is chief of me- tabolism and endocrinology at I ho University of Wisconsin, did early diet studies which resulted in formation of Port- land's medical diet service. On physicians' orders, MDa provides measures and pack- aged food for n week. Tlic designed diets, planned for each individual, cnll for eating six times a day rather than three. The dicl.s arc fairly high in low in carbnbydrnles, wilh iviodornlc lo moderate till. LJiiifarm fires i off protest EDMONTON (CP) The president of Unifarm today ae cused the federal government I of discrimination against Wesl- i ern farmers. Dobson Lea sent a lelcgram lo Olio Lang, minister in charge of the Canadian wheat board, saying: "The discrimination is ob- vions from Ollaw's failure lo pay money owing farmers un-! dcr Ihe Temporary Wheat He- serves Act while offering million In aid industries which may be affected by the U.S. import surcharge." Unifarm is an amalgamation of Alberta agricultural organi- zations. IIUFL DRIVE DUNSTABLR. England (CP) A man caught driving a car wilh one wheel missing after lie bad liecn drinking wi.s fined and banned for a year by a Bedfordshire court. New! Phil Esposito HOCKEY BLADE Ideal for street hockey. Fils onto hockey stick shaft. Adjustable to right or left hand; itraighl or curved. EACH Hockey Goal Professionally styled. Nylon nel: mode of strong 1" tubular steel. Con be used for slreet game EACH 11.77 Hockey Sticks A. Vicloriaville 'Canadian' Hockey Stick has fibreglass impregnated blade. Solid rock ash shaft. Length EACH Junior Hockey Stick is made of first quality wood. Waterproof Incq uered blade. Sizes: 40 lo EACH imprey PIUIUU 2.47 .69 CCM pro-qard helmet Lighiwerght, protects forehead lo neck from falls and blows. Made of strong high density polyethylene. Adjust- able to fit all sizes. EACH Hockey and sole. Plal- ide and metal indon guard. 3 5 Men's BOYS' SHOULDER PADS Cotton covered and shotk ab- sorbing. Molded plaslic caps ond elastic harness. EACH MEN'S HOCKEY SWEATERS lace necked models. Made from a Wool and Rayon blend. EACH 5.97 Shin Pads Pio-slyled, full size. Plaslic shin and knee p r o 1 e c I o r. Wrop around side prolec- pAIR 6.97 Youth's Shin Pads Form fit guard made with molded plastic shin and knee pro- leclor over while fell. PAIR 2.97 Youth's Hockey Glove Top grain leather palm. Four reinforc- ed rolls on back of hand for protection. Molded p I a s t i cuff. PAIR Boys' Hockey Glove Made with suede leather palm. Fibre proteclod thumb and cuff.--------------- PAIR Men's Hockey Pants Gabardine p a n t wilh urclhcne foam at hips, spine, waist. Moldec! plastic ihigh guards Blue, Red, Sizes: 38-44. __ jiita; ju-tf. PAIR Men's Hockey Socks Wool nnd Rayon blend. Available in most popular colors. Opart Monday and Tuoirlay 9 o.m. to 6 p.m.; 9 a.m. lo 1 p.m. Thuridny and Friday 9 a.m. lo 9 p.m.; Saturday 9 o.m. to 6 p.m. College Shopping Mall 2025 Mayor Magrath Drive ;