Winnipeg Free Press

Winnipeg Free Press (Newspaper) - January 21, 1977, Winnipeg, Manitoba Winnipeg it january 1977 peanuts All the Way from none other the warehouse of presi Dent elect Jimmy Carter were recently shipped to a Winnipeg wholesaler and Jim am employee of examines the shipment from the pounds of peanuts will be processed into Peanut Arctic Gas experts stick with demand forecasts by jell Tartu thurs free press Fri respondent consultants Lor Canadian Arctic Gas pipeline have decided to Tiik with their i974 Domestic natural Gus demand forecast despite the significant slow blown in growth of demand Lor Sas in the Price in creases in and the appearance of Energy conserva one reason for the reluctance to Chance their demand to be used As a jus lil culion Lor building a joint Mackenzie River Dulcy is that the Gas consultants dont feel that the to cols of the past hirer years Are representative of what will happen 10 Domestic demand Dur ing the next two More in the minds of Arctic Gas sex is the belief that natural could be increasingly substituted for a significant portion of the imported 011 which will be needed in in creasing amounts in Ontario and Quebec during the com ing As Domestic nil production Falls according to a report by Arctic consultant Eric that has been submitted to the National Energy natural Gas could have displaced some a of Oil Prui i Pally Light tuck Oil and heavy fuel Oil but not diesel and Jet fuels in the Ontario and que Bec Oil markets in 1975 this Widd in effect created an additional demand for some million cubic feet a Day of Domestic natural Gas in 1975 and million cubic feet a Day by merely through inter fuel sub he such inter fuel substitution would lower the need for imported Oil and thereby eliminate the Prospect of billions of dollars in negative balance of payments on Canadas Oil just As in terms of the Lon term Gas demand such an utter full Gas substitution would More than compensate for an expected drop in Gas demand due to Energy in the original 1974 domes tic Gas demand Sievwright allowed for As much As a 20 per cent reduction in projected Gas demand for a As usual if Energy conservation re sults in a further 10 per cent Energy and an equivalent reduction is assumed in the Gas then the 1995 Gas demand forecast would have to be reduced to billion cubic on the other the possibility of inter fuel substitution could be justified in adding to the base assuming a capture by Gas of 15 per cent of the base Oil Market in Ontario and que Bec and 50 per cent of the growth in the Oil from then the 1995 Gas de Sivwright does billion cubic he this Sievwright Doest even include Market area expansion in the 1974 Gas demand forecast could be on the conservative even in Light of Energy conservation result ing from the 1973 Oil m Sievwright Felt he didst have a basis for Chang ing his original forecast solely on the basis of the events in the past three years largely because he didst feel the situation in recent years is representative of what could be expected to happen in future years in the forecast for the quantum leap in Oil prices in late 1973 int Likely to continue in increases in Gas and other Energy prices has Al ready slowed Down consider ably in the past Energy an other effect of the 1973 Oil is difficult to measure in there continue to be indications it is having mini Mal Impact i Many at least relative to other fac Dominion Bridge restructures management on Continental basis Barclay Flicker Jack Hatcher farm machinery dealers face Tough spokesman by John Twig Regina special 1977 is shaping up As a Tough year for agricultural implement according to w a 11 y outgoing president of the Sas Katche wan Manitoba implement dealers in an interview during the associations three Day convention Here of said Farmers across the Prairies Are holding Back on equip ment purchases in Case the dry weather of recent months continues into the growing a lot depends on the Spring if we get Good Rains then a lot of equipment could he but theres no Way it can move As fast As before be cause the average Farmers net income is about half what it was a few years m Martel said Many farms Are overpowered today As a result of wide spread equipment purchases made during the last few years of Good he predicted that if the grains Market turns Down Farmers will begin Selling their excess equipment for Cash to run their which will further inhibit sales because dealers lots will be Lull of used equip ment in Good w Hen the dealer has plenty of used equipment on the lot Farmers will hold off buying something until absolutely need it because they know the equipment will be readily so there will be a drastic decline in used machinery which is a Large part of the dealers he Saskatchewan dealers sold an estimated million Worth of machines and parts in according to Statis tics up 27 per cent from the million sold in Manitoba dealers sold million in up 20 per cent from the million sold in Albertas sales were million in up 24 per cent from million in together the three prov inces have More than 60 per cent of All farm equipment sales in with Saskatchewan leading the Way with 29 per cent of the the provinces have Only 30 per cent of the value of farm equipment manufacturing i n according to statistics Canada figures for Ontario has 65 per cent Manitoba has 20 per cent and Saskatchewan has eight per Manitoba equipment manufacturing w a s Worth million that year Saskatchewan was Worth and Albertas was Worth the problem is that Prairie manufacturers make Small items like Rock Rod weeders and Grain while Ontario manufacturers put out com Bines and Martel said the Prairie manufacturing Industry i s being helped substantially by tie Prairie agricultural machinery which is operated jointly by the three provincial it evaluates the performance of agricultural equipment i n Prairie and helps the development of new a its a lot of Benefit for Small manufacturers who need expert help to test their it gives them an unbiased he however do not seem to favor buying a Prairie made machine just because its made Martel said the major factors in a Purchase Deci Sion Are the service to be provided by the and in other Prairie manufacturers have to make it or break it on their1 in stiff Competition Froin out of province a typical manufacturer is Sakun Diak farm equipment which has been manufacturing Grain augers just North of Regina since the company had Art inventory of pieces from 1975 and manufactured another modified rent controls sought by Eaton Howitt Toronto up the Ca n a d i a n federation of in dependent business presented a Brief to the Ontario govern ment Here asking for a modified rent control program and reductions in income and sales president of the Organiza Tion of owner managers of Small to medium sized Busny esses under 500 told a news conference follow ing presentation of the Brief that Ontario is heading for a Sharp slowdown in the econ omy in Bulloch said Ontario faces a real Gross provincial product increase of Only pel1 cent compared to a four per cent increase in the Gross National the Brief says that if recommended tax cuts Are the real provincial growth should Bounce Back to about five per cent in Bulloch said the Only practical Way to stimulate the Economy was by a reduction in he indicated that he got no to the tax Cut suggestions from provincial treasurer Darcy Mckeough when the Brief was who will bring Down his budget during the next session of the Legisla has indicated the prov Ince is looking for places it can raise More Bulloch said a Cross country Survey of Organiza Tion members showed that 60 per cent of persons who replied favored retention of Federal government an Price m a meeting of the Board of directors of Dominion Bridge limited held on november the Board approved a restructuring of the company management organization on a North american basis effective january presently chief executive officer of Dominion Bridge and its wholly owned a Mca International becomes chairman and chief executive officer of both companies upon the retirement of Dominion Bridges chairman Mcmurray in former executive Vic president Canadian operations will become Vic chairman of Dominion and Jack formerly president a Mca becomes president and chief operating officer of both Dominion Bridge and reorganization will result in integration of the top management of both companies to management skills and North american Dominion Bridges aggressive approach to Continental and International business in this decade has resulted in its annual consolidated Gross Revenue almost tripling to More than million while a More than six times increase in earnings was achieved during the same seclude your next business meeting on an Island Gull Harbour hotel Kojka at the Gull Harbour resort you can conduct any business meeting in Beautiful located 110 Miles North of Winnipeg in Hecla provincial natural the hotel provides classic special meeting and conference banquet the latest in audio visual equip meeting and Al inclusive business conference after enjoy the Pool or gymnasium take to the ski indulge in exquisite cuisine or relax in our comfortable lounge let us arrange everything for your next successful business Call our conference director Gull Harbour resort hotel Box 1701 m r3c2z6 y j p a on the question of rent co he said his organization feels that owners of Small units such As duplexes and triplexes should be the Brief said apartment starts have been sliding Down since driving vacancy rates in Ontario metropolitan areas to below one per t h e federation recommends that rent controls in Ontario be modified As soon As the Brief the ensuing upward adjust ment in or at least the knowledge that rents can be increased to maintain mar gins will stimulate construction of badly needed rental housing and provide jobs in the depressed construction in the Brief also urges new tax Laws and says the tax sys tem is rigged in favor of the he said the Small business Man cannot afford lawyers and accountants to question the Brief asks that an Appeal Board be is Ontario is a cruel place to do he the Brief also congratulates the Ontario government for practising in it sold leaving aft inventory of Worth Sakun Diak will be cutting Back sharply its 197 production but has not had to Lay off any workers because of the High attrition Fate in the which is plagued by a Lack of sales were Good in 1975 but be real bad in 1977 be cause of the the final payment for wheat from the Canadian wheat and the heavy buy ing of the last few said Larry Vic president of the family Saskatchewan Manitoba implement dealers association chose a new executive at its three Day con new president is John Baj Bula of first vice president is Ken Thompson of Prince second vice president is Lloyd Lee of is Vern Brown of past president is Way Tel of the association represents about 550 main line franchise dealers in the two personal debt up nearly 16 Ottawa up canadians owed billion at the end of neatly 16 per cent More than at the comparable time a statistics Canada re ported by far the biggest category of personal debt was Bank which Rose by per cent to the mercantile Bank dividend 28 notice is hereby Given that a dividend of twelve and on Hill cents per share upon the paid up capital Stock of the Bank has been declared for the Quarter ending january payable on and after february to shareholders of record at the close of business on january by order of the Board Livingstone Secretary january University of Winnipeg presents the Challenge of Middle management february 1418 the University of Winnipeg joins with the staff development Branch of the Federal Public service commission in offering Al on week daytime course entitled the Challenge of Middle february the which is of approximately 30 hours is designed for the Middle manager in private Enterprise and government who seeks further exposure to current manage ment theories and concepts and the Opportunity to relate them to own situation and course discussion areas include management organizational organization decision making and executive the fee is for further information and registration please Call the director of continuing business furnishings us 201 Kennedy Street 9426306 ;