Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 10, 1973, Winnipeg, Manitoba Winnipeg free press tuesday july 10, 1973 Pmj Vatos i Ull Austin Tex. Much or fins year s Texas wheat reported o twice As Bif As last year s is be Iii stored outdoors because storage elevators Are unable to i till the bumper crop. How cd i in slate agriculture depart in enl official said the wheat will to moved Lic Foro it spoils. 17 new look for historic downtown Corner moving to another City Call us new selections in Vancouver Oakridge Beauty new listing spark ing Ever so Putty he set White stucco j Livi Tif Rod Liimol Chi Foj i Arco new Kitchen. I fjord izod Cdr horns. Recreation room Down. New included. I Nierli Iio Possession. Ful Price furl our information please mrs. Ii. Coone res area 60-1-7389329 or Oft g04-263 3211. Montreal 176 Oakridge Vancouver . Toronto Beautiful surroundings in Mississauga spacious soft. Of Lovely living area on a lot overlooking Bird Sanctuary Only minutes from downtown and walking distance to supervised Beach. Stone Bank sold with custom Interior. Asking Vendor will consider All offers. Please Call Rick Stevens res area alb saw or off area 416 270-3930. Montreal Trust 2500 Huron Tario Street. Mississauga Ontario. Ottawa Riverside Park West 3 bedroom Bungalow. Liv loom with up open o dining icon ind kit Lien. I i Allis August 1st occupancy. Please Call mrs la turn Sully res area or Olf 613-725 1171. Montreal Trust 1419 a airline Avenue olt Wii Ontario. Calgary Dallion Sie Immacula Ite Side x Sicie duplex few of mountains. 3 Nice bedrooms. Jorv and and Riding frn Orl ,-ir.d . Trip at s id 0970 loj a Fiji 8990. i Trust Edmonton univ Emiily District 1 in treed Ini Wulk to University ind close to Irh rays. And sepia Dinollo Ull Kitchen i Roe bedrooms up pairs now scr Onod Sun Cleck. La Fri attached and Carport. Asking. Call Ken Martin Reb area or off area 403 won local tru it 102 in pm str Cal Montreal Cole St. Luc level "i.ld.boo. I Larj condition. I Lii u foyer Oji by i it Liun. live if room Milt room Den playroom. Tianjin. It close if shopping censer. I of Inlo Malion Coll or area of 735-2231. Mon real Cole pcs my rfcs re Over 30 offices in 20 other major cities or More information in these and other Fine selections Call or write any of the above offices or Contact our local office. Montreal Trust suite 200-213 notre Dilme Avenue. Winnipeg 942-8261 Uon Iod Liru Kufs John Mcmanus to Ricc corporation which holds nearly million Worth of Canadian property agreed last month to invest million to develop the Southwest Corner of Portage Avenue mid main Street. Re he development will be under the corporate Banner of to Ricc Manitoba us. It will be the second cur rent investment in the City of Winnipeg for the National corporation. It is the principal in development the uni City shopping Centre on Portage Avenue West in St. James Assiniboia. Development of the historic Corner has held the close attention of City Resi dents since it was vacated by the car which seemed to Many the perpetual ten ant of the Windy Corner. P r e m i c r de Seh Reyor and mayor Steve Juba took part in an official Dedica Tion ceremony when they operated a crime wielding a demolition Ball that struck in old vacant building to signal an agreement ii tween the City and the Developer. Before the demolition demonstration by the two government leaders to Ricc announced at a press con Ference it had formally notified the City thai it in tended to go ahead with re development of the site keeping an agreement it signed with the City last year. Under the agreement Triec Manitoba Ltd. Leased the air rights Over City parking Structure at the Comer for construction of two High Rise office and retail towers and a smaller building to be occupied by the Bank of Nova Scotia. Brizee president James a. Sodyn said his company hoped to begin demolition of the building in july and wrecking could be completed in a matter of weeks. The company agreed to hold up demolition of build Ings going South to 352 main so acct to let the Man i i o b a historical society preserve some of the fac ing of one of the buildings. The City will demolish the remainder the Block for ils parking garage in the fall. Meanwhile the last phase of land acquisition for the commercial development began late last month. The City approved for a 30-foot lot and an older three Storey build ing. The land and building had been assessed at under terms of a lease with Triec the City is Obi pea gets loan Okay business failures detailed Toronto up in the first five months of this year businesses i n Canada a cols with interest at an Annu w a s h i n g t 0 n up lilo Export import Bank of the of Canada Montreal. Pea will Loans totalling fur United states says the Bank make Cash payment of the 10 tie Purchase of a boxing 737 has approved a direct loan of per cent balance of Jot aircraft have been a to finance 45 per cent organized in 1945, pea proved for Pacific Western of the . Costs. Serves routes in Western Caria airlines of Vancouver. A similar amount will be a and Washington state and Henry Kearns chairman of provided by mercantile Bank operates International charter flights. The covers Pur Chase Price of the twin Jet plane one spare engine spare parts and related equip the Loans arc to be repaid in i1 20 Semi annual instalments be of Newfoundland had 13 failures july 4, 1974, with sex tint i Opik Nurs annl in re Var compared with seven but Lia direct loan to be re Poi if Crecli a Ines said by lit i e s dropped to of tile final 10 instal narc from a year earlier business there were no business fail liabilities of urls in Prince Edward Island _ during the five month period. Cantile Bank. Ontario had the largest number of failures at 483, with in liabilities com pared with 471 and in 1372. There were 447 failures in Quebec with liabilities of compared with 425 and i British Columbia was third j with 139 failures leaving debts j of compared with j 122 and i in Alberta there were so business failures with liabilities of compared with 118 in 1972, and debts of Manitoba had 39 failures compared with 69 a year earlier w bile liabilities were compared with new Brunswick showed a Rise in the number of failures to 17 from nine. Liabilities in creased silo failures i n Saskatchewan dropped to 15 from 35 and debts cased to from failures in Nova Scotia Dou bled to 12 from six. Liabilities ruse to from Kan up Bill billion 0 t t a w a Canada will spend at least 2 per cent of ils grass National product on Anvi Ron Mcneal cleanup a year until 1380, an average of about s2 billion a year. Industry will j spend about a third with the rest coming from Public funds Liun tuns. Conversion to be costly Washington the . Steel Industry estimates that . Conversion to the metric system would Cost the Industry js2.i billion Over a 10-year i period. Gated to buy properly from 288 to 300 main Street the City is also commit cd to construct a Park add on the property. Detailed plans for the development Are drawing wide expectation. They will not be completed for sever Al months. The City and Triec have hired Smith Carter partners to design the garage and commercial buildings. The development will he bounded by Graham and Portage avenues and fort and main streets. It was announced some Lime ago that the office towers would be 25 to 40 storeys. The Complex of a Bank re Tail stores and offices will cover 1.5 million Square feet. T h c formal announce ment by to Ricc ends More than three years of specs 1 a t i o n and negotiation about the Fale of the famous City Corner. The re port first Starlet As a Rumor in january 1971, entering around Silit industries Ltd., a Winnipeg conglomerate that had bought the building from the car. The same month City Hall Bureau reported the c i i y was talking about building an immense Park ing and shopping Centre on the Sile Between Portage and Graham avenues. The next month mayor Juba said going ahead with a million Public and private development May create serious traffic problems. Ai he same press conference Houn veiled Bis opinion that if they re Landing men on the Moon surely we can solve traffic ii was announced that the Bank of Nova Scolia would build a million 20-Slorey building and he cily would no ahead with a plan to build a million parking office Holczl com plex. At that press Confer ence in february 3971 the name of to Ricc first came into the picture. Since that Lime the pro Cal has grown to Mil lion from its modest Mil lion plans. To Ricc which built place Ville Marie Montreal has taken Over the project and the limited details available in Vicale Portage Avenue and main Street will become not Only a notable site but remain a irad Linnal meeting place. 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