Bread prices steady as farmers face subsidy split
Canada may keep bread prices stable for months but wheat farmers could absorb a domestic loss. Otto Lang cites a $1.25 per bushel subsidy and a floor price of $3.25 for seven years, while opposition worries farmers subsidize consumers. Mills expect price stability six months to a year, bakers may still raise loaf prices if costs rise.
MENTIONED IN THIS ARTICLE
Ottawa
Commons
Trudeau
Otto Lang
Canadian Wheat Board
Canada
Lang
Alf Gleave
NDP
Saskatoon-Biggar
Food Prices Review Board
British Columbia
Wheat Board
Palestinian gunmen free hostages after embassy siege in Paris
A five man Palestinian team negotiated with French authorities for 27 hours at the Saudi embassy in Paris, released four women and the Iraqi ambassador, and flew to an unknown Arab capital aboard a Syrian Airlines jet with six hostages and 12 crew. The captors, linked to a group called Al Scab, sought the release of Abu Daoud. The leader, a Jordanian doctor, spoke of idealism and denied terrorism while the group boarded the Caravelle bound for Rome en route to an unknown destination.
MENTIONED IN THIS ARTICLE
Paris
France
le Bourget
Syrian Airlines
Baghdad
Francois Goussault
Abu Daoud
Goussault
Michel Siffre
Rome
CDC Wins Bid to Buy Texasgulf Shares in U S Court
Canada Development Corp. won a federal court bid to buy 10 million Texasgulf Inc. shares for 290 million dollars. Judge Woodrow Seals allowed the tender but required a minor amendment about losing a U.S. radio license if non U S holders exceed 25 percent. Texasgulf argued anti trust violations and secret conmm emerging, while shareholders will decide if they tender at 29 dollars a share.
MENTIONED IN THIS ARTICLE
Houston, Tex
Canada Development Corp
CDC
United States District Court
Texasgulf Inc
U.S
Texasgulf
Noranda Mines Ltd
Seals
Securities and Exchange Commission
Magazine robbery saga shifts to Saturday Calgary delivery
The NEWS hopes for a Canadian Magazine in this Saturday edition after hijacked magazines found in Montreal. Police have impounded the truckload for evidence and lawyers seek release. If allowed, the load may be flown to Calgary and trucked to Medicine Hat for the Saturday paper, with Friday afternoon clarity expected.
MENTIONED IN THIS ARTICLE
Montreal
Calgary
Medicine Hat
Pension increases in third reading
Ottawa MPs advance a bill to raise old age pensions effective Oct 1. Basic pensions jump to 105 dollars monthly for about 800,000 pensioners while the rest receive 179 dollars, with quarterly adjustments planned. Opposition argues for higher sums and lower eligibility age. Bread price debates occupy the session.
MENTIONED IN THIS ARTICLE
Ottawa
Commons
House
New Democrats
Grace McInnis
Vancouver Kingsway
Canada asks France to investigate Greenpeace III seizure
Ottawa requests a formal French investigation into the boarding and seizure of the Greenpeace III, a ketch protesting French nuclear tests near Mururoa Atoll. External Affairs Minister Mitchell Sharp announced the note after a 20 minute talk with Ambassador Jacques Viot. The Greenpeace Foundation ship’s Vancouver skipper David McTaggart says he was beaten.
MENTIONED IN THIS ARTICLE
Ottawa
France
Mitchell Sharp
Sharp
Jacques Viot
Greenpeace III
Greenpeace Foundation
Vancouver
Mururoa Atoll
South Pacific
David McTaggart
McTaggart
Canada’s 1973 trade surplus misread as deficit
Statistics Canada corrected a $1.7 billion error in a Wednesday report that dropped a minus sign, turning a $840.8 million June July surplus into a deficit. Exports hit $14 billion versus $13.2 billion imports, preserving an annual surplus if sustained.
MENTIONED IN THIS ARTICLE
Ottawa
Statistics Canada
Canada
BC rail traffic snarled as workers stay off the job
Rail traffic remained snarled in British Columbia as workers continued to strike while Winnipeg and Calgary expected normal service today. Eastern Canada saw no freight movement. two regional railways operated separately west and east of Thunder Bay. Picketers retreated in Winnipeg and Calgary workers returned to shifts. arbitration talks and back to work legislation loomed.
MENTIONED IN THIS ARTICLE
British Columbia
Winnipeg
Calgary
ACP
Thunder Bay
Canada
Rockies
Canadian National Railways
Lakehead City
Fort Erie
Ont
Vancouver
CNR
Boston Bar
Fraser Canyon
New Westminster
Joint Council of Railway Workers
David Lewis
New Democratic Party
Robert Stanfield
Also Mentioned on This Page
Microfilm Ltd
Ave. West
Guy Demarino
Southam News Services
Millers
Middle East
Illinois Central Railroad
Memphis
Tenn
South Memphis
Ihem
Pease
B.C
CP Rail
Phil Burke
United Transportation Workers
UTU
Emmett Hall
Saskatoon
John Munro
Canadian Railways
Burke
Munro
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