Winnipeg Free Press

Winnipeg Free Press (Newspaper) - October 30, 1976, Winnipeg, Manitoba 18 Winnipeg free press saturday october 30, 1976 Theodore l barrister solicitor wishes to announce the opening of his practise of Law at 606 228 notre Dame ave. Winnipeg Manitoba 8 phone no. 944-1578 b aug Tofoi 3 major unreserved equipment auctions no. 1 Date tuesday november . Place 12021 my squeak drive Surrey . On behalf of Mayo lumber co. Ltd., . Pony express ltd., Norm Ron construction co. Ltd., others. Sale site phone no. 604 521 7912 Crawler tractors 1970-cat d9g, d7e, 1973-d7f 1974 Fiat Allis . 11-b, telex 82-40. Wheel loaders 1970 cat 988, 922-b, 1974 White skid steer. Crawler loaders 1970 cat 977. 941, John Deere 350. Motor graders 1973 aveling Barford super 500. Austin Western 99, Adams 411 Kidder 1975 Clark 668b. Fork lifts 1971 . Fg15 in. Cap. Hyster za80 in. Cap. Hydraulic log loader 1974 Voclain hc300. Log stickers 2-Kenworth 411 45 ton. Loader backhoes 1973 White 2-63-15, Ford 4500. Hydraulic excavators 1974 Warner Swasey hop to 550, Hein Werner hd-c12, p h 312. Pickups service vehicles 3 1-1975, 1-1973 Ford f250s, 1974 Ford f350 5-1973 Gumc custom 3500s, 1973 Gumc custom 2500 1500, 1971 Gumc Vandura Van ambulance 1972 inc 101d trave Lall. Truck tractors 1973 Hayes Clipper 1970 Kenworth 923 1970 White t754 4-Kenworth k921s. Chev. C60 80, 2-Mack b61s. Logging trucks 1974 1973 Pacific p10w off Highway. Dump trucks 2-1973 Pacific p9 Ford 8000 Tow Salvage truck Kenworth l524 . Van trucks 1971 Ford f350.1972 inc 161oa. Inc Gumc 5500 3500 3-Chev. C50s. Water it fuel trucks 1971 inc df380 2500 Gal. Dodge 700 2000 Gal. Mercury 700 1500 Gal. Inc r180 1800 Gal. Flat decks 1972 inc Load Star 1700. Ford f750 gallon 10 ton 3-wheel. Molding machine Robinson trailers Fruehauf 3-1977 new husky haulers. Attach ments cat Backhoe. Camp equipment 1972 Atco 42 Man Camp Complex. 1973 Atco 10 x52 Wash car 1973 Alco Atco recreation Hall Complex 1973 Atco 10 x52 office Silver Streak 10 x45 House trailer. Alberta 10 so commissary. Cam Mobile 12 x52 office. Woo Frame constructed 8 Man bunkhouses 4-26 x30" woo Frame construction 2 bedroom houses Boom boat sidewinder 10. Truck scale 1974 Mantle 175 ton platform scale. Bridge cranes 2-2 i ton com plete 1 Span. 1 Span. Electrical equipment 1974 cat d343 250 Kwh Gen. Set. 1973 cat 3306 125 Kwh Gen. Set. 2-Lister 3.5 Kwh Light plants. Radio equipment 6-Electrobug talkie Tooter sets 2-Marconi radio Tel. Transmitters antennas. 18-Marconi dt56 2-Way Mobile radios 3-Marconi ch25-Ssb transceivers. Marconi dj95vhf base station. 2-g.e. Mobile radio telephones by Tel. Building Butler 72 x80 Clear Span Large selection of Misc. Equipment. Late additions Hyster sc180, forklift cat d9g Crawler tractor 1974 cat 951c Crawler loader cat 988 wheel loader 1974 Ford custom 500 inc vf90a cab it Chassis for Sale by private negotiation 1974 Bucyrus Erie 38-b Crawler shovel series 2, 134825 no. 2 Date thursday november . Place 3900 22nd Avenue Quinn Prince George . On behalf of Timber Bay contractors ltd., Cassiar trucking ltd., it others. Sale site phone nos. 604 564-2400, 564-2428 Crawler tractors 2-1972 cat d8hs, d8. D7, inc td15b, td25b. Wheel loaders 1972 cat 966c 950, 2 1-1974 telex 72-41 a Michigan 125. Crawler loader 1972 cat 977. Motor scrapers 4-cat 619cs. Loader backhoes 1975 Case 580 blk 1973 inc 3400a, 3414. Hydraulic Backhoe Hein Werner cd. Skidders 1969 tree Farmer c7ap, John Deere 440. Forklifts american Road Clark 6000 Cap. Crushing equip ment Tel Smith Cone Crusher Pioneer 4 x10 2 deck screen. All terrain vehicles cat Gator 8 wheel bom Bardier 59-55 personal Carrier. Pull scraper Litourneau 5 to 6 cd. Sweeper Wayne. Pickups it service vehicles 4 2-1975, 1-1972, 1-1970 Ford f250s, 2-1972 Ford f100s, 1972 Ford f500 fuel. Ford f350 custom Crew haul Ford 5 ton service 1973 Gumc 2500 ton 1972 16 Man Crew bus Carrier. 1972 Chev. Ton 1970 inc 1110, inc kb-8 shop Dodge 200 Crew cab. Dump trucks 1970 Dodge 900 ct-800, 2-Fargo 800 2-Mack b61s, r600. Logging trucks 2-1974 Kenworth 849s off highways 2-1973 Kenworth lw924 Hayes hd34-48 Flat decks 1973 Dodge 1972 Gumc 3500 1 ton. Logging trailers 1970 Peerless 20 ton 1970 Fraser fab 20 ton 2-Peerless 25 ton Columbia 20 ton trailers 3-1977 new husky haulers 1975 Tri Axle gooseneck equipment Fruehauf 40 Highboy shop Van. Attachments Camp equipment 2-Safeway House trailers 12 x52 12 x64. Welding equipment Lincoln 300 amp welder Hobart welder acetylene welding outfit 2-new oxyacetylene outfits. Generator sets Kato 40 Kwh 2-general 7.5 Kwh. Antique steam engine 1913 Sawyer Massey. Large selection of Misc. Equipment contractors supplies. No. 3 Date tuesday november . Place Nisku Industrial Park Edmonton Alta. On behalf of Woodcrest holding ltd., Neil Brown trucking ltd., others. Sale site phone no. 403 988 6386 17-Crawler tractors to 1974. 8-wheel loaders to 1974. Motor grader. Motor scrapers. Fork lifts. Skidders. 6-cranes to 1976. Hydraulic backhoes excavators. Heavy duty Digger 41 cars pickups service trucks to 1976. 8-truck tractors to 1974. 5-dump trucks to 1975. 10-Oil Field trucks to 1976. Mixer truck. Cab Chassis trucks. 10-trailers to 1976. Crushing equipment Concrete equipment. Camp equipment to 1974 attachments. 50 Man material hoist. Prewitt Boring machine. Compressors. Power units Large selection of Misc. Equipment. Write or phone for free brochure 920 Bridgeport Road Richmond . V6x 1s1 phone 604 273-7564 Ritchie Bros. Auctioneers b co. flu aids to announce. The. Ito coition of Annii to 343 new fish on 957-17s-5 we have a new name Commerce capital Trust is the new name for Farmers merchants Trust 349 Portage ave. Winnipeg pm. 942-8211 labour relations assistant the Job this is a term position of approximately 2 years duration following which there will be Opportunity for promotion. Successful applicant will assist school boards and Mast staff in the. Area of teacher and Union negotiations. Qualifications a University degree or High school graduate with related experience. Salary starting salary to depending on qualifications and experience. Application please apply in writing by november 15, 1976 to n. G. Harvey executive director Manitoba association of school trustees Mast 191 Provencher Boulevard Winnipeg Manitoba r2h og4 organization analysis november 24th and 25th, 1976 a two Day seminar for managers having an appreciation for the Complex task of managing a Complete organization. Topics organization Structure people and work communications and labour relations resource leaders John Cliffe senior consultant Glacier Institute of management in London England Jerry Gray acting head department of business administration University of Manitoba additional information brochures and application forms Are available on request phone 204 474 9921 us continuing education division room 541, University Centre the University of Manitoba Winnipeg Manitoba r3t 2n2 open has by Hobart Kowen another Oil Cartel Price increase is staring the rest of the world in the face and although the zip of economic recovery seems to be petering out every where Only a few voices Are raised in protest. There is a disturbing sense of complacency on the Assumption that the organization of Petroleum exporting countries open will Only raise prices about 10 per cent to a barrel. But As one of the few outspoken critics of open Frank Zarb says i Don t think they re entitled to a dime and they ought to be told or. Zarb United states Federal Energy adminis Trator Points out that . Oil Bill a massive Bil lion this year is Likely to Rise at current prices to a r shocking billion in 1977. For a 10 per cent open increase add another billion almost As much As the nation s total Oil Bill just a few years ago. Many economists Agrue that a 10 per cent in crease would t have much of an Impact on prices or economic growth. But As business week pointed out recently economic forecasters have a bad rec Ord in estimating Impact of the Oil Price shocks like a tax increase a 10 per cent Oil boost would Siphon away consumer purchasing last thing the . Economy needs at this Point. And of course who knows what the open masterminds will decide when they meet in Qatar on dec. 15? it could be a 15 or 20 per cent boost. The most troubling part of the picture is the Impact on the less developed countries which since the 400 per cent open Price increases of three years ago have run up a total of about billion in balance of payments deficits. At the recent meeting of the world Bank and International monetary fund if in Manila the top heavy debt of the poor much of which is owed to private multinational Banks was a source of increasing worry. Treasury Secretary William e. Simon who said that an Oil Price increase would be a dangerous spoke of Many nations awash with red nobody likes to use the word but it was Clear at Manila that another Oil Price increase would increase the likelihood that some of these buckling a by John Meyer the average investment required to create a Iob in is around k can be As High As to if the Job is in a particularly capital intensive Industry such As Oil refining or Petro chemicals production. There Are now about 700.000 unemployed. A Good Many of these Are on temporary Layoff or Between jobs others Are living on unemployment benefits. Still others Are caught up in a variety of personal circumstances which put them in the category of the unemployed Al though they Aren t actively seeking work. Let s say for Sake of argument that after provi Sion is made for these there is left individuals who Are actively looking for work in manufacturing. It would then require an investment in Job creation at a Job of billion. The figure is an interesting one to place against other figures the amount of tax say that business pays on profits it has t realized. In 1974. For example that figure was billion 30 per cent of total income tax paid by business and it can be presumed to be much the same for 1975 and 1976. Over three years then business would have for investment in Job creation the billion needed to provide jobs in manufacturing if it t been taxed away. It does t work out like that in practice admittedly. Just How much of the savings in taxes business been taxed realistically would be put into Job creation is anyone s guess. Nonetheless the magnitudes of such figures to give an indication of How far Askew an Economy can be put when government s Are indifferent to its needs. They offer a background Loo against which to place the million to be spent by the Federal govern ment in Job creation through such programs As Canada works Young Canada works and the summer Job corps. It is expected that expenditure will provide jobs. Debts will have to be stretched Cut or three will be defaults. And if the Lac a like everybody else have to pay the saudis the kuwaitis the iranians and the rest of the Cartel More for their Oil they naturally will be Able to buy less of other goods from the Industrial West. Another dimension of the problem is that the Cartel trumpets with exceeding Pride the fact that it has put million in a special fund Lor Low Cost Loans to the poor countries. But a 10 per cent Price increase would raise the Cost of Oil to the Lucs by More than that each year. The open argument for a boost in prices is that Oil is a bargain at present Levels and that worldwide inflation has Cut the real return that the Cartel countries get for their Oil. In the past says Mohammed Yeganeh of Oran chairman of the open special fund the Prosperity of the United states Japan and All developed countries has been at the expense of the developing world who Supply them with raw Materi the Industrial world s errors however Are now being compounded by open. If the Industrial world profited excessively in past years by keeping the Price of Oil too Low open is now bringing the world to its Knees having forced the Price of Oil too High too quickly. Thus much of the inflation which open com Plains is eroding its take from Oil sales is Trace Able to the skyrocketing prices caused by Oil. But or. Yeganeh struck Home in remarks he made at Manila by citing the increased dependence of the . On imported Oil. This year the is importing 38 to 40 per cent of its Oil needs including a growing percentage from Arab states. Or. Zarb tells this correspondent that the import ratio will run Over 40 per cent next year. At these Levels . Susceptibility to another Boycott is greater than Ever. What the . Needs and never seems to evolve is a real Energy policy that will quickly get us into Coal and other alternatives. A reduced dependence on imported Oil is the Best route to putting the Oil Cartel in its place. Hobart Rouen is a syndicated columnist to create jobs mean an investment of a Little less than a Job against the required for a Job in manufacturing. The government created jobs would be temporary which admittedly would be desirable for youngsters working Between school terms. Their productive value would clearly be limited. The Job created in manufacturing however would be permanent in sofar As economic conditions would permit and would be measurably productive. The million in t Large relative to total govern ment spending but it is a sizeable enough to question. Has the country really been put into the position where tue government must spend million to provide temporary and relatively non productive employment the number of unemployed suggests it has no certainly we All have gone along As if there were no Choice. But Aren t there at least two other possibilities what would be the effect on unemployment if in the Pursuit of one of these possibilities taxes on Busi Ness were lightened it would take time for the results v to show but there is no question that there would be re sults. Tax reduction for business is one of the reasons Why the . Recovery got off to such a vigorous Start and the absence of tax reduction is one of the reasons Why the Canadian Economy did t. The other possibility is a reduction in the Federal minimum wage. At an hour a 40-hour week would pay a Shade Over a year which is coincidentally close to what the new Federal program would average if it generated jobs. What would happen i for example the minimum were dropped to 000? for one thing More jobs in a Host of marginal Busin esses. Not the kind of jobs out of which to make a life time career. Better though than no jobs at All. Better too than dribbling a million Here a s100 million there in the creation of temporary and relatively non productive employment. Meyer is a syndicated columnist car makers ride Cost increases the Washington Post Washington the administration s inflation Moni Toring Agency says that Auto Mobile makers have been Able to raise prices enough Over the past five years to cover substantially higher costs. That conclusion conflicts with Auto maker contentions that even though their Price increases have often been Large they have not been big Well help you make More of it. Guaranteed the permanent Canada permanent Trust company Canada permanent mortgage corporation member Canada Deposit insurance corporation Semi annual interest 5 year term guaranteed for 1, 2, 3 and 4 years our debentures and guaranteed investment certificates Are available for fixed terms from 1 to 5 years in amounts of and up. Drop in or phone to find out How you can make the most of your Money. Rates subject to change. Hours monday thursday . . Friday . . 433 Portage ave. Phone 947-o441 a. Keith Forsyth Branch manager Rex Tarrant savings manager enough to cover skyrocketing costs of labor and materials. William Lilley Iii acting director of the Council on wage and Price stability said that a Council study of car Price increases shows that cumulative Cost in creases Over the past five years Are virtually the same in dollars terms As cumulative increases in net Revenue per the Council also said that Price increases on 1977 Model cars which the big four automobile companies began Selling last month Are sufficient to cover both the expected costs of the United Auto workers settlement and further Price increases on steel. Or. Lilley told reporters the Council does not Antici Mousseau 6 Mills realty Jeanette Teoh Mousseau and Mills really would like to congratulate Jeanette Teoh or having the highest sales volume of Iho St. James Branch in the month of september Jeanette is a hard worker and a conscientious agent who can be depended upon to go out of her Way to help her clients. To Contact Jeanette please fan office 889-7235 or at her residence 256-8795. Pate any further Price adjustments during this Model the automobile companies raised the Price of the average equipped 1977 Model 5.9 per cent. General motors corp., the nation s largest producer no comment on the coun cil report. The no. 2 Automo b i 1 e manufacturer Ford motor co., the report substantiates the Modera i Tion of the Auto Industry s 1977-Model Price Ford said however that it questioned t i e Council s conclusion that further Price adjustments should not be anticipated during the 1977 Model Ford said it no plans to raise prices again but that the actual Cost of the Law settlement May be much higher than the Council anticipates. The Law has yet to Settle with pm Chrysler corp. Or american motors corp. The Council reported that its calculations. All of which Are based on data sup plied by the Auto makers show costs per car will in crease More than revenues per car this year. But the Agency said that the a car Cost increase represents a 7.7 per cent Rise. Given that the general rate of inflation has slowed to less than 6 per cent this projection appears to be on the High if Cost increases Are in the five to six per cent Range that inflation is expected to be in Auto company profit margins will not slip slightly this year but would Rise. The Council acknowledged that while Cost increases have not outstripped Price in creases for the last five years prices have not risen enough to permit car makers to maintain profit margins which Are profits As a percentage of Revenue. Auto makers pre tax profit margins of 10.9 per cent in 1s72 Model year which fell to 2.4 per cent in Model year 1975, a severe re cession period in which by of the country s Auto workers were Laid off. But the profit margins re covered to 7.9 per cent in the 1976 Model year and if com Pany Cost increases Are prop Erly anticipated the margins will decline slightly this year to g.7 per cent. If Cost rises five to six per cent rather than 7.7 per cent the profit margin would Rise to be tween 8.4 per cent and 9.3 per cent the Council reported. Ole in Mexico or i say in London. The answer is at Thomas Cook the trusted name in travel everywhere 311 Dayton bldg. Pm. 942-0246 323 Portage ave. Mpg. Man. R3b 2c1 ;