18 Oct 1988
Page 2
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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Oct 18, 1988
Page
2
The Monday Medicine Hat News corrects an earlier report that five boys were charged with theft and possession of stolen property. The youths are aged 14 to 16, not 11 to 14, and the newspaper apologizes for any confusion.
A Toronto securities expert testified that Principal Group Ltd and Allarco Energy manipulated Matrix Investments shares from December 1986 to July 1987, creating a false market and lifting Matrix prices. The report notes thin public float, large block trades, and a Cormie family deal that boosted values, contributing to the 1987 collapse and huge investor losses.
United Steelworkers representative Jack Hill says Wittke Iron Works lured striking workers with higher wages to end the walkout. About 54 workers at the 20 year old plant near Calgary face unresolved talks on job security wages safety and pensions. A union local was certified about 90 days ago.
In a Calgary court, Peter Falkenau linked Linda Bowen to a February 1987 Edmonton restaurant holdup of 700 dollars just weeks after RCMP Constable Gordon Kowalczyk was shot dead. Bowen and Andrew Kay face first degree murder charges in Kowalczyk’s death. voir dire heard how the robbery tied to the case.
TV listings feature a mixed schedule with shows from The Children's Theatre Company, Robin Hood, North and South, Royal Champion, Frontier, and various documentaries. Sports coverage includes Mets vs Dodgers in World Series context and auto racing events. Also airing Care Bears Adventure in Wonderland and several classic dramas.
Cablevision general manager Jan Gillies said Channel 26 should resume within a day or two after ABC Detroit reception gear failed on Thursday. A backup unit had similar issues and cannot be programmed for Channel 26.
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