Winnipeg Free Press

Winnipeg Free Press (Newspaper) - June 21, 1968, Winnipeg, Manitoba Winnipeg free press Friday june 21, 1968 11 Public notice the Public utilities Board greater Winnipeg Gas company rates by its order number the Public utilities Board directed that create Winnipeg Cas company Lay before the Board a schedule of Gas rates which would reflect a downward adjustment in Revenue of based on 1965 sales volumes normalized for weather. In accordance with this direction greater Winnipeg Cas company has filed with the Board the following schedule of rates calculated to produce the above results. Proposed rates general service rate territory entire natural Gas service area of the company availability for Gas supplied through one meter to residential commercial and Small Industrial customers rate first 0.2 next 1.3 next 198.5 next 200.0 All Over 400.0 minimum monthly Bills 1.00 per month for connected loads of less than 300 cd. 5.00 per month for connected loads Between 300 and cd. 25.00 per month for connected loads Between and cd. 100.00 per month for connected loads Over cd notwithstanding the above rate schedule no residential user shall pay a minimum Bill in excess of per month. Connected Load shall be the total of the manufacturer s rated capacity of All connected appliances. Al Bills of the company shall be rendered monthly on a net basis. Large volume service territory entire natural Gas service area of company availability for any commercial and Industrial customer at one location whose natural Gas requirements equal or exceed an Annua rate of Kcf and who contract for such service for a minimum term of one year. Service under this rate shall be limited to the extent that company considers it has natural Gas Supply available therefor. Rate shall be agreed upon by contract Between customer and com Pany and shall recognize among other factors the size Anc characteristics of customer s requirements amount of facilities required to be constructed by company minimum Purchase obligations of customer priority of delivery service term o contract. The contract shall be approved by the Public utilities Board. Residential air conditioning rate territory entire natural Gas service area of the company availability for service to single family dwellings and duplexes Fror june 1st to August rate first next next ail Over minimum monthly Bill 1st. 0.2 1.3 1.0 2.5 commercial air conditioning rate territory entire natural Gas service area of the company availability available to All commercial Industrial establishments Fror May 15th to september 15th rate first 0.2 next 1.3 next 1.0 next 47.5 All Over 50.0 minimum monthly Bill residential seasonal rate availability in All resort areas Consumers not using their or their main residence and requiring service for seasonal use for Domestic purposes rate first 0.2 next 1.3 next next 200.0 All Over 400.0 minimum Bill per season per service payable on each april 1st for established services. This will apply to Geis used Between apri 1st and october 31st. Cas used in excess of the minimum will be billed in november using rate blocks that Are appropriate multiples of the monthly blocks. Any further usage will be billed in accordance with the general service rate. Existing rates schedule of rates general service rate for All firm natural Gas service first 0.2 Kcf or less per month next 1.3 Kcf per month 1.30 per Kcf next 198.5 Kcf per month .80 per Kcf next 200.0 Kcf per month .60 per Kcf Over 400.0 Kcf per month .50 per Kcf minimum monthly Bills 5 1.00 per month for connected loads of less than 300 cd. 5.00 per month for connected loads Between 300 and cd. 25.00 per month for connected loads Between and cd. 100.00 per month for connected loads Over cd. Notwithstanding the above rate schedule no residential user shall pay a minimum Bill in excess of per month. Connected Load shall be the total of the manufacturer s rated capacity of All connected appliances. All Bills of the company shall be rendered monthly on a net basis. Interrupt Ibie rates for interrupt Ible natural Gas service first Kcf per month per Kcf next Kcf per month 0.33 per Kcf next Kcf per month 0.31 per Kcf Over Kcf per month 0.30 per Kcf availability this rate to be available to any customer within the company s service area provided natural Gas is available from the company s supplier. Service shall be subject to terms of a contract approved by the Public utilities Board. Minimum the minimum shall be determined by negotiation with the customer and shall be in relation to the Cost of facilities required to serve the customer which Are provided by the company. No interrupt Ible service contract shall be for less than one year. The negotiated minimum shall be reduced for each Billing period during which the company interrupts service. The reduced minimum shall be the negotiated minimum multiplied by the number of Days of the Billing period during which service was available without any interruption and divided by the number of Days of the Billing period. Large volume interrupt Ible natural Gas service availability for any customer on uninterruptible basis who requires and uses Kcf or More of Gas in any one Billing month of each contract year. Rate to be set by special contract based on volumes characteristics of use and location such rate to be subject to the approval in writing of the Public utilities Board. General air conditioning service availability rate first next available to other than residential customers supplied through a separate meter for air conditioning in summer in combination where Gas is used for summer air conditioning and Winter heating. Character of service natural Gas or its equivalent having a nominal heat Content of Btu per cubic it. From september 15th through May 15th, the existing rates in effect for general service being As follows 200 cubic feet or less cubic feet i so per Kcf next cubic feet .80 per Kcf next cubic feet .60 per Mcfall additional .50 per Kcf from May 15th through september 15th, the following rate shall apply first 200 cubic feet or less next cubic feet 1.30 per Kcf next cubic feet .80 per Kcf next cubic feet .50 per Mcfall additional .37 per Kcf minimum monthly Bill si.00 per meter per month residential air conditioning service availability available to any residential customer whose re conditioned by Gas operated equipment. Character of service natural Gas or its equivalent having a nominal Btu per cubic foot. Rate from october through May the existing rates in vice being As follows first 200 cubic feet or less next cubic feet next cubic feet next cubic feet All additional from june through september the following rate first 200 cubic feet or less next cubic feet next cubic feet All additional minimum monthly Bill per meter per month. Residential seasonal rate availability in All resort areas Consumers not using their premises As their main Resi Dence and requiring service for seasonal use. For Domestic purposes. Monthly charge same As general service rate. Minimum Bill 530.00 per season per service payable on each april 1st for established services. This will apply to Gas used Between april 1st and october 31st. Cas used in excess of the minimum will be billed in november using Rale blocks that Are appropriate multiples of the monthly blocks. Any further usage will be billed in accordance with the general service rate. Connection fees if service is disconnected at customer s request a charge of 55.00 will be made for re connection within three months of disconnection for same customer at the same address. If service is disconnected for non pay ment of Bills All arrears must be paid in full and a re connection charge of paid before service will be re connected. Any person wishing to make representations in the matter should signify their intentions by writing to the Secretary of the Public utilities Board 116 Edmonton Street Winnipeg 1, on or before july 15, 1968 following which Date the Board will consider whether further notice and hearing of the application is necessary. Greater Winnipeg Cas company a. L. Campbell q. C. Isi Dence is summer air heat Content of effect for general ser 1.30 per Kcf .80 per Kcf .60 per Kcf .50 per Kcf shall apply 51.00 1.30 per Kcf .80 per Kcf .50 per Kcf by Sheldon Bowles with the passage of the . Tax Bill and the continuing Strong Bond Market there now seems Little doubt that the interest rate ceiling on mortgages insured under the National housing act will drop when the rate is again reviewed july 1. Thursday the Bank of Canada reported the average yield on seven Long term government Bonds was 6.68 per cent preceding week. Set quarterly the Nha rate is based on the aver age yield of Long term government Bonds for the four weeks preceding the setting Date. This week s average is the third in the series that will determine the Nha rate for the next three months and the third week that the average has dropped following a corresponding Rise in Bond prices. Last week the Bank of Canada set the average at 6.82 per cent and in the preceding week the average was 6.85 per cent. So far the three weeks average out at 6.783 per cent indicating that should Bond prices remain steady the Nha rate rounded off to the nearest a per cent following the addition of the 2% per cent would be nine per cent. The passage of the . Tax Bill however which will help Stem inflation and restore Confidence in the . Dollar according to Money Market analyst its is Likely to provide a further boost to Bond prices in the next week. Although the passage of the tax Bill had been counted on by Money Market dealers and allowed for to a certain extent in recent transactions Market observers say that now the Bill has actually passed Congress the Market will Likely strengthen. While the main provisions of the tax Bill raise an extra billion in Revenue through a 10 per cent income tax surcharge and impose spending cuts of billion on the Federal government the most important aspect of the Bill for the Bond Market is the fact that it is expected that it will enable the . To Cut its deficit this year to billion from billion last year. Should the Bond Market follow through As Obser vers Are predicting the four week average on which the Nha rate is based might Well mean a drop in the Nha rate to 8% per cent. A drop in the Nha rate july 1 would be the first such downward revision of the rate since april 1, 1967 when the rate dipped to seven from 7% per cent. The Strong Bond Market will also Likely bring a reduction in the Bank rate from the present 7y2 per cent. The Bank rate is the rate at which the Central Bank will loan Money to Canada s chartered Banks Money Market observers however say that it is unlikely that any move to lower the Bank rate will not be made until after the Federal election in order to avoid any possible charges of the Central Bank entering into the political Arena. Another interesting feature of the stronger Bond Market has been the Rush of holders of Canada savings Bonds to the Cash in wickets of the Banks in order to take advantage of higher interest rates still being offered in other securities. Last week canadians redeemed another in savings Bonds to bring the amount outstanding to the weekly report of the Bank of Canada also revised the figure previously reported for last week s savings Bond Cash in to from the stated the nation s Money Supply the currency in circulation and chartered Bank deposits held by the general Public was set at up from the previous week. Reserves deposited with the Bank of Canada dropped in the week to still Well above the minimum required for the month As a whole. In another move to take Cash out of the banking system. Government of Canada deposits with the Central Bank Rose to offsetting these withdrawals of Cash however was an increase resulting from a net Rise in Bank of Canada holdings of government Bonds. Along the Avenue Manitoba Hydro has been Given an award by the american Public Power association for the presentation of the company s operations in their 1967 annual report. This Marks the first time that the company s annual report has won an award for artistic Merit notes Earl t. Mills Hydro s chief of Public relations. S. J. Parsons president Huggard equipment company Ltd., Winnipeg has announced that Huggard has acquired the White mob lift Fork lift truck fran Chise for Manitoba from the White motor corporation. Edward Johnston general manager of Alpha numeric data processing schools and . Data processing and computer programming schools has announced the opening of a new school at 269 Kennedy Street. The school is the third such school run by or. Johnston in Canada. Tenders have been called for a Square foot addition to the Pioneer electric Plant in fort Garry. Fonger construction co. Ltd. Of St. Boniface has been awarded the general contract for a Square foot office building according to a press release from Green blah Stein Russell associates architects and engineers for the project. John Johns Market research manager t. Eaton co. Ltd., has been elected president of the american marketing association in Winnipeg. John Mcdiarmid was elected vice president and Michael Cunnington was elected Secretary treasurer. In sees role As land Bridge Montreal up Cana Dian National railways announced today that because of he growth of Container traffic he company has set up a con Ainer development Branch. Vice president in charge of in Branch will be e. J. Cooke formerly vice president of the in s Atlantic Region. Purpose of the move is the de elopement of a Canada wide Container system. Our immediate interests involve the role in might play in i transcontinental land Bridge service and the movement of containers from far East and european locations to Points in Inland Canada and or. 2ooke said. We Are also concerned with traffic which might originate or terminate in the . But enter or leave the continent through a Canadian the land Bridge plan Calls for Multi car trains capable of carrying upwards of 300 containers each from West coast dockside to the East coast and then again by ship across the Atlantic. Initial Revenue passenger fares excluding transfers collected by 62 Urban transit systems during March numbered Down 2.4 per cent from. Reported by 64 firms in March 1967. Revenue freight car loadings during the final 10 Days of May numbered up 4.6 per cent from the corresponding 1967 total. Heavy print ing equipment is swung out the third floor window of the free press building thursday As saults and Pollard Ltd., printers move to their new Plant at 1499 Buffalo place fort Garry. Suits and Pollard first bought the Job printing business of the Manitoba free press in 1907 and when the free press building opened in 1912 they also moved. Natural Gas licensing on May 24, the Dominion Bureau of statistics celebrated its fiftieth Birt Liday. The first statistics act the work of or. R. H. Coats who had been. Dominion statistician since 1915, became Law on May 24, 1918, and the transition began from a Small and scattered statistical system to one of the most highly developed and fully Inte grated in the world. Telc the steel company of Canada limited dividend no. 226 notice is hereby Given that dividend no. 228 of Twenty five cents 25c per share for the Quarter ending june 30, 1968, has been declared upon the shares of the company payable August 1, 1968, to shareholders of record at the close of business tuesday july 2, 1968 and that the extra distribution made at the year end in prior years will be discontinued. By order of the Board j. W. Younger. Secretary Hamilton Canada. June 17, 1968. Auto leasing attention professional and businessman for your Auto leasing needs see de Funk Penner Dodge Chrysler Winnipeg Ltd. 3oo Pembina Hwy. Pm. 474-2316 by Boris Misk Evv Quebec Cana Dian Gas association was told thursday that the next session of parliament will be called on to adopt legislation making any import by Tanker of liquified natural Gas subject to licence. Jean Luc Pepin minister of Energy mines and resources told the association s 61st an Nual meeting the proposed legis lation would require and Amend ment to the National Energy Board act which already pro Vides for the licensing of imports of natural Gas by pipe line. Or. Peipin said some Cana Dian companies Are taking a careful look at the feasibility of bringing liquified natural Gas into Quebec and perhaps serv ing at least the largest Popula Tion Centre in the Atlantic prov inces. If this proves to be eco nomic then Quebec May Benefit from some Competition Between Canadian and imported Gas and the Atlantic beyond the present reach of Cana Dian have the Opportunity to enjoy natural Gas serv practically All natural Gas now used in Quebec comes from Western Canada by trans can Ada pipe lines Ltd., and any import of liquified Gas would Likely come from the Middle East or Algeria or some other Oil producing area that has no nearby Market for natural Gas. The conference was formally opened by Ray c. Bobbins association president and presi Dent and general manager of Lennox industries Canada Ltd. Of Etobicoke ont. The 500 delegates to the three Day meeting also heard an address by Buell g. Duncan president of the american Gas association who was accompanied by about 50 members of his association to the Canadian con Ference. Or. Pepin said that any imports of liquified natural Gas would be subject to licensing requirements just As imports of natural Gas by pipeline have been since 1954. He said there Are a number of other amendments to the Natu ral Energy Board act to be introduced adding that one re form of parliament s proce dures which we might Well undertake is to relieve it of responsibility for incorporating individual pipeline these companies now Are incorporated under the special act Bills introduced As private members Bills. Or. Pepin would like to see these companies incorporated just like any other company but subject to the regulation of the natural Energy Board. Such a step would free More of Parlia ment s time for matters of policy and legislation of general National interest. Unless there is a need for regulation More can be accomplished by encouraging the initiative and by enjoying the co operation of Industry than by telling Industry How to do its he said the National Energy Board is continually reviewing the Gas Supply situation in West Ern Canada adding that Al though Canada May not have dividends by the Canadian press Alberta natural Gas co. Ltd., common 25 cents june 29, rec Ord june 21. Bow Valley industries Ltd., a pref. 27% cents july 15 record july 2. Chem cell Ltd., common 6 cents pref. 25 cents pref. 43% cents All june 28, record june 21. Canadian industries Ltd., common cents july 31, record june 28 pref. 93% cents july 15, record july 15, record june 25. Canadian canners Ltd., class a 18% cents oct. 1, record sept. 6. Western Gypsum limited appointment Floyd a. Harding James l. Mcquhae . M. Barrow chairman of the Board of Western Gypsum limited takes pleasure in announcing the appointment to the Board of Floyd a. Harding and James l. Mcquhae. Or. Harding joined the company in 1962 As controller and was appointed treasurer in 1964. He was appointed vice president finance in 1965. Or. Mcquhae joined the company in 1957. He was appointed product manager in 1961, . Area sales manager in 1962, Eastern Canada sales manager in 1963, general sales manager in 1964 and vice president marketing in 1965. Much exportable surplus in the near future the Long term out look indicates we can find a lot the Board has reported to me that a comparison of the Continental United states and Western Canada shows that the Western Canada sedimentary Basin has been much less explored than the . Continental sedimentary at the current rate of exploratory drilling or. Pepin said it would take about 80 years for the Western Canada Basin to reach the current density of exploration in the . Basin. Proved remaining marketable reserves of natural Gas in can Ada totalled some 46 trillion cubic feet at the end of 1967, he said. If the criterion of density of exploration on a basis similar to that experienced in the . Basis is applied he said ultimate Gas reserves in Western Canada Are indicated to be in the Range of 300 trillion cubic feet compared with some 51 tril lion cubic feet found to Sheridan industries appointment or. Peter Sheridan presi Dent of Sheridan industries limited is pleased to announce the appointment of or. Richard Sheridan to the Alu Minum division As District representative for North Kildonan East Kildonan and Elmwood. Or. Sheridan offers to the residents of these areas his years of training and experience in the aluminium Field which includes five years with Crit tall windows in England. Distributors wanted for patented line of steel Frame Flat deck warehouse trucks this is a top Quality additional line for presently established materials handling and warehouse equipment distributors. For full particulars Contact k. C. Reid Western fabricators Ltd. 2244 Douglas Road Burnaby . Lake front property for Sale 260 acres in the picturesque Quappelle Valley of Saskatchewan with some major buildings. Excellent for development As recreational area. Please Contact Ernst Liddle Wolfe Ltd. 100-259 Portage ave., Winnipeg 2, Man. 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