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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 29, 1973, Lethbridge, Alberta Saturday, Stpttmbtr LETHBRIDGE Ireland ends foreign mines tax holiday MONTREAL (CT) Cana- dian industries investing in Ireland can expect written guarantees that tax incentives will not be removed in the same manner as concessions are being pulled back from mining firms. Justin Keating, Ireland's in- dustry and commerce ministern said here yesterday his country's announcement Wednesday that it was prematurely ending a 20-year tax holiday for foreign mining concerns is a policy that applies to no other industry. He is on a visit to Montreal and Toronto to promote Canadian investment in Ireland The 15-year tax exemption on export profits from manufactured goods in Ireland will be maintained, he said. It is guaranteed in a witten contractual agree- ment with the government, but no such written agreements were signed with mining firms. Mr Keating defended removal of the mining tax ex- emption before a group of about 30 Montreal businessmen and earlier at a [the IVIERA MOTOR HOTEL Welcomes you to Edmonton To help make your stay more would like to introduce you to all our facilities MORE PEOPLE STAY AT THE BECAUSE THE RIVIERA OFFERS YOU MORE! Write or Telephone news conference. He said the exemption, in- troduced in 1967, was a bad move and its removal as no surprise to mining firms. New taxes, expected to be levied in April, will be "reasonable and within the context of taxation thinking around the world." Authors face Heavy taxes MOSCOW (Reuter) The Soviet Union has announced it will henceforth impose heavy taxes on royalties of Soviet authors and foreign writers whose works are sold here. The new taxes, decreed by the Supreme Soviet, will be as high as 75 per cent for Soviet authors receiving royalties from their works published abroad. CALL ED AT 327-3203 IVIERA .V MOTOR HOTEL 5359 CALGARY TRAIL ED BAUER FOR ALL YOUR PRINTING NEEDS Our plani is well equipped to give you service and quality on all your printing atx! lithographing orders. -TLJ. THEHERALDPRIHTEPS 327-3203-328-4411 5th and 7th St. S. Herald Building A Dividon of Ronaldt Federated Limited CAPITOL CARPETS LTD. PARTNERSHIP ANNOUNCEDI Mr Jack Belzberg is pleased to announce that Mr. Cornelius (Casey) de Jager has entered into partner- ship with myself and Mr W. J Penny in ownership and opera- tion of Capitol Carpets Ltd. The new company will be located at 322 5th Street South di- rectly adjacent to Cap- itol Furniture. Mr. de Jager will h-T man- ager of the new com- pany. Mr. Cornelius (Casey) de Jager It takes a foursome to plan your estate. Get together with your lawyer, trust officer, accountant and your New York Life Agent. Four! Yes, it takes four knowledgeable men to cover all the aspects. Iron out the complications Make sure your heirs get the full inheritance you want them to have. And your New York Life Agent can make a vital contribution. He's had sound training. Can place valuable experience at your disposal. Understands certain difficulties you may face. In short, he knows the course like a professional. He belongs on your estate planning team. Helping people achieve financial security is par for the course with a New York Life Agent. E. A. "Ed" Brunner SPECIAL AGENT NEW YORK LIFE INSURANCE COMPANY 600-540 5th S.W. Calgary, Alberta But. 1-403-269-4365 Bond prices 8 4V4% 3 SUPPLIED BY DOHERTY McCUAIG LTD GOVT. OF CANADA BONDS Oct 9725 9775 Jul 10250 10350 Sept 8075 81.25 Sept 7900 80.00 Sep 15 Pr 3800 4000' Apr 9950 10000 Jul 10025 10075 PROV. AND PROVINCIAL GUARANTEED BONDS: Alta '90 102.00 104.00 Ont 7 '88 89 00 91 00 Ont Hyd 9 '94 10400 10600 NB 9Vz% '90 10500 10700 Nfld 8 74 92 00 94 00 NS '92 83 50 85 50 Que 74 10000 10100 Alta '90 10300 10500 Man Hyd 8 '91 97 00 99 00 Sask '90 93 00 95 00 Nfld '90 10400 106.00 ACT 8 74 10000 10100 Man GT 8 74 10000 101 00 INDUSTRIALS Alta Gas tr '90 10200 10400 Alcan '91 10300 10500 BC For '92 10400 10600 BC Tel '90 102.00 10400 Bell Tel 9V4% '79 10200 10400 Bell Tel '93 10400 10600 CP Ltd '89 10050 10250 CP Sec '90 1Q200 104.00 Cdn Util 95e% 91 10500 107.00 Cdn Nat G 90 105fiO 10700 Gulf Oil '90 101 00 10300 In Pr P '90 10200 104.00 Massey 80 10300 10500 Noranda 9Y4% '90 10300 10500 Int Nick '90 10300 10500 Gas 9Wo '91 10350 10550 Steel Cda '90 10200 10400 TrCda P 90 10600 10800 TrCda P 10% '90 10700 10900 West Tr '93 97 00 98 00 Salutes progress Workman Yvon Rain- ville, atop the CN tower in Toronto, lifts his coffee cup in salute to his fellow workers after their tower reached785 feet. FOOTPRINTS ON Crossword THE SANDS OF TIME By Joseph La Fauci 10% 81'2% CONVERTIBLES: Alta Gas T 90 12000 13000 '89 8000 8300 82 105.00 11000 '88 12000 12500 '88 SO 00 70 00 Con Gas Dynasty 7 Ackland Scurry Ram W Tr C West Tr '91 9300 7200 87 00 90 00 1 High-strung great Sheol 6 Japanese Splenetic Harness 10 Symbols "Funny Girl" 14 Funny Licit Island Wences' 20 Oat 21 Fashion 22 Went Silk N. Hamp. city Delicatessen 23 Embroidery 24 False Famous 27 Famed 28 Texas St. Linus' 29 Stow 30 Metric 31 Senor's Italian 33 Father Maiden name 34 35 Reagan, Fly Celestial 36 37 Corny as Film leading 38 41 Cotton Deplore 43 Penetrate w; Obligation DOWN Meet Your Best Friend Financially He is fully cjalified to pro- vide complete personal financial services offered by Investors These include saving and tax Saving Certificates Annuities Pension and Estate planning Seven Mutual Funds, and Mon- real Trust Guaranteed Cer- ificates He is also available for the Servicing of Western Savings and Loan Association accounts EARL WAGNcSS 1413-15th South Lethbridge Office and Houtt 32B-1307 1 Nonsense 2 Work wear 3 Leavings 4 Entering 5 Saint: Port 6 Pallid 7 Vulgarian 8 Declare a no-no 9 Decrement 10 Cruel 11 Cheap cigar 12 Furor 13 At times indeterminate 14 Arab garment 15 "Butley" stage star 16 Vigilant 17 Gainrecog nilion: 4 wds. 18 Redcross Knight's love 19 Part of yen 23 Playing marble 25 Golf club 26 GetV.I.P. treatment 32 Famous: 3wds. 35 Memorable John Wayne film 36 Nimble 37 Hope of Hollywood 39 Mortgage 40 One and only 42 Paterfami- lias 44 Irene of Hollywood 47 Scary word 48 103 indigence 106 Belgian commune 107 Chemical salt 108 Debussy's "La 109 Section ofN.Y.C. 111 114 Destroy 115 Better half 116 Indian split pea 117 Summer: Fr. 118 Neronianhail 119 Formic acid source 120 Identical 121 Aglow 122 Molding style 123 Barbarians 126 Being body 3 wds. 130 Causing feelings 131 Brink 132 Drunkard: si. 133 Pasture 134 Spanish saint 135 Bambi, e.g. 136 Whirlpool 137 Lay to rest 49 Rosinante, for one 50 Deviative 51 Subsequently 52 Excessive one: suff. 54 Poems 55 57 Classify 58 Sound system 59 Greatly esteemed: 4 wds. 61 Hermann, favorite of youth 21 X 21, by Janet C. Flory 1 "Pursued it forks 4 8 Mrs. Chaplin Yorkshire 9 One 11 Baby Vinous Short thor- 12 New at Wager 13 Due 14 Puts to Ives" 27 Cab 28 Classy girTs name 30 grise 33 "...bird in a cage" 34 Frisk 35 Spring cfy 36 Finis 37 Aspect 39 Prefix with pod or sect 42 Consumed 44 Prepare for recession 47 N.Y. skater 49 Henparty sound 51 Coerced 52 Author of that picnic 53 Still 55 Plaguey 56 Self 57 Order's twin 59 Scottish river bank 60 American as apple 61 Medieval poems Investor given advice on new stock purchase TORONTO (.CP) A new stock is not necessarily a good buy simply because it is new, and an investor should approach it in the same way he would any other purchase. Canadian Business Service says a broker is as much a salesman as the person sell- ing in a retail store. But the investor does not have the same advantage in buying a new stock as he does shop- ping in a store. A person buying an appli- ance usually knows what he wants, which manufacturers are considered reliable and whether warranties or money- back guarantees are offered. The investor has no such protection, nor does he know how well the stock will per- form in the after-market. Performance will depend basically on three factors- how well an underwriter does the marketing job, whether the issue price is attractive and the mood of the market at the time of issue. A great many details have to be prepared before a com- pany goes public. Underw iters middlemen between the company and the stockbuying prepare financial statements to meet securities regulations of highly detailed disclosure LAWYERS JOIN IN Lawyers specializing in cor- porate underwriting prepare the prospectus, the legal docu- ment which must contain "full, true and plain dis- closure of all material facts." Once the prospectus is sub- mitted and approved by the securities commission, shares may be offered to the public. The underwriting firm con- tacts major buyers to drum up interest. It may invite other brokers as sub-underwriters After that, the market takes over and should be guided by the progress of the company, Canadian Business Service says. H. H. Smith Ltd. Customs Broker COUTTS Home Office Phone 327-3822 For Complete Livestock Sales and Service. call FRENCH MONDAY p.m. IFEEDER HOG 1250 to 500 head and BABY CALF SALES WEDNESDAY a.m. FAT and FEEDER FRIDAY FAT and FEEDER CATTLE SALES A Friday -1 p.m. Special Stock Calf 'v Feeder Sale 600 to 800 HEAD SLAUGHTER HOGS ASSEMBLED AND SOLD MONDAY THRU FRIDAY. WE BUY AND SELL FAT AND FEEDER LAMBS DAILY. WE CARRY HARTFORD INSURANCE ON ALL LIVESTOCK. Exporters ot slaughter hogs Excellent faciiifies for feeding and loading hogs, f ED FRENCH 328-2986 DAN KLASSEN 345-4358 KEN MILLER. Magrath 758-6607 LOU DEJAGER 345-4489 WHIT HENINGER 328-7354 CONSIGN ALL YOUR LIVESTOCK TO: C. E. FRENCH LIVESTOCK 'In the Heart of Canada s Ranching Country' Ph: Office 327-0101 327-3986 Alberta Stockyards P.O. BOX 3.S. 1-7-7, LETHBRIDGE, ALBERTA 63 for the lOVfi of Allah" 65 Balanced 67 Sleuth Philo 68 Matronly title 70 Dinner course 71 French Imperial 74 Object of Sarah's jealousy 75 Unaspirated consonant 77 bfen 78 Mrs. Mene- laus 79 Final 81 Cap style 82 Subsequently 62 -at windmills 63 "Better to be than pitied" 66 Raw minerals 67 Constant, for a horse1 68 Entertaining uncle 70 Precursor of PX 71 Great lake or canal 72 Appear 73 Favorite DOWN 1 Lily plant 2 Deface 3 Hostelry 4 Summit 5 Avocation 6 Gazing 7 Showery, at Oxford 8 Pain 9 there any news? Not a new" 10 Born Free 11 Malign 83 Cicatrix 85 "The Shrew" 86 Cut 89 Attention 90 Eucharist plate 92 Beam 94 Romanian city 95 President's nix 13 Artery 15 Bohemian reformer 18 Gone with it! 20 Judges'seat 21 Excluded 22 Obligation 23 Caslontype 24 Tiny, like Willie 26 Pixy 27 Propensity 97 Named 98 You betl 99 Chemin de- 102 The rests 104 Tasteful 105 Cleansa 107 Expunge 108 "La Boheme" heroir.a 28 Mercenary ZSO.T.hlgh priest 31 Wrath 32 Girl's nickname 33 Step on the-1 35 Forest deity 38 infinlta variety" 40 Balderdash 109 Abhorthis heartily 110 More sub- missive 112 Egg-shaped 113 College in Denver 115 Vacillate 116 Wea 120 Wise 121 Burden 122 Muscat is its capital 123 Immovable 124 Wood core '25 Marie Saint 127 Nigerian city 128 Deus 129 Title in India 41 body meat a body" 43 Ripen 45 Jason's yacht 46 ;by-night 47 Got up, fragrantly 48 Noah's cabin cruiser 43 Present, in Edinburgh 50 Water sprites 51 Possible 54 Shadows 55 Draftee 58 Moist 59 Swahilis 61 Minus 62 to nature 64 Basic abbr. 65 Fuhrer 66 Leave out 68 Corded fabric 69 Before CRYPTOGRAMS SOLUTIONS OF r WEEK'S PUZZLES 1973 by Chicago Ntws Synd. Inc. World Rights 1. NUHHUG ABULLWA USH UP CHURE GZBEWH ZC HOW PTUUB PWTT HOBUSIO PBTJG NXI TUZA UP HXREWB HZLW. -ByJoynelDavidson 2. IMPHICHUZ GRIPELUS IUSAUI CHSL MI CSUU GEOPHORBRI MZAUSPHIUS. India M. Sperry d. YDCTLFMTA JCCM JOT LFAMY CBB YDCT. Ear) Ireland Last 1. Horrors! When Little Miss Mutfet attended a casual buffet ihe spied big spider swimming in her cider. 2. Her big fat jolly wandering boyfriend WM really jurt a no-beau. 3. Tall doctor took cake for old fee. ;