Winnipeg Free Press

Winnipeg Free Press (Newspaper) - August 21, 1981, Winnipeg, Manitoba He ii Selling share in jets to pay a wife by Brian gory Adf filet hockey superstar Bobby Hun is setting Hia interest in the Winnipeg jets so he can pay is the divorce Tieti refit he owes if the Othef seven Ommon do not buy his hell Likely put it on the open his Toronto Wayne hed like to get it the settlement cleared up and paid Oft As soon As Ratonde noting that null is being assessed est on the it has been two months my the Manitoba court of Appeal offend the Hull scuff entry in intend ing a hockey stick but Hes also been looking at a comeback with the new Voyk theres the Ratonde that if Hes playing for one he own jets president Michael Gobuty said he has no idea what hulls share is but indicated Well make him the Best possible a on eighth interest May be Worth As much As using As a yardstick the Lif Anition Purchase of the Atlanta flames by Nelson Kalban la for Calgary test the which joined the Matiotti hockey league two seasons have been losing Gobuty but Ratonde said the team should become a profitable venture within a year or two with the signing of jets season tickets Are Selling of Witt two thirds already have been the other equal besides Hull and include Winnipeg businessmen Barry mar Vin Bob John Harvey setter and Jack Hull became Hotkeys highest paid player in 1972 when he bolted from the Chicago Black Hawks to sign a Jiter million contract with the jets arid the no defunct world hockey Assoc a Joanne Hull lives in Vancouver with their three youngest aged 12 to whom their father must support Fusso monthly until their 18th birth Brian Guty is a Winnipeg Trudeau sunny today 30 Clear tonight 17 August free press Sun rises sets Moon rises sets final 250 with supplements delivery 9s74s50 claim Flotd 9562330 second class mail registration number 0286 Imi ties debt Load spirals by Cecil Rosner Manitoba major Crown corporations Are facing spiralling debt Servic ing charges As they prepare to refi Nance Loans at current interest a senior official with the Manitoba Telephone system said he expected debt servicing costs to Rise million in the next year and up to million More the following year As some of the corporations Loans come the com pants latest annual report shows million was paid in interest payments in representing about 25 per cent of the company total Alex assistant general Man Ager of finance for Manitoba said the Utility 198081 annual to be made Public will show that 50 cents of each Dollar spent by the company goes toward debt total debt for the Utility will be More than he in the next 12 Hydro will have to borrow additional funds to refinance million in Bonds which Are set to both Hydro and its routinely Bor Row More Money to pay off Lon term Loans As they come but interest rates on the maturing in the five to six percent Are a thing of the past and the companies Are forced to pay the current skyrocket Ting both Crown corporations recently borrowed Money together with the pro see utilities Page 4 Bank rate reduced marginally Ottawa up the Bank of Canada rate fell fractionally yesterday to per cent from per cent last it was the second straight week the rate has edged but the dips Are believed too slight to affect other lending the latest marginal decrease follows strengthening of the Dollar which has gained about two cents on International markets against the United states Dollar in the last two the Cana Dian Dollar is currently trading in the mid82cent the prime generally considered the lowest rate offered by Banks to their top corporate is per consumer loan rates Range sever Al Points higher than the mortgage which Are longer Are slightly lower than the prime rate and vary Between 21 per cent and per High interest rates in the a concern of not Only but other countries whose currencies have been battered More than Are needed to fight cities repeatedly the Canadian government is using the same argument to further justify us own but while the has had some Success in this pushing inflation rate to less than 10 per the inflation rate Here continued at an annual rate of 13 per cent in George Vic president and chief economist with tie Montreal in vestment firm greenshields says two key factors Are the Energy and constitutional Wayne free press Winnipeg Post sorts from the reminiscent of Mountain of mail office sorter Ken Carpenter tackles yet another bin of unsorted a legacy of 42day mail strike which ended last officials say the Mountain of the annual Christmas should be reduced to a Molehill by mid septem Reagan says Challenge shows muscle from the news services Costa president says he personally ordered the Navy to Challenge Libya Territo rial claim and conduct manoeuvres in disputed Waters to show America has the muscle to Back up its libyan Leader Moa mar khad Afy Drew the line and the crossed knowing hostilities could Rea Gan said yesterday after a three hour tour aboard the aircraft Carrier uss defensive action the president he was not trying to provoke an Inci Dent and said the Downing of two Liby an jets wednesday was a defensive Libya has refused to accept a protest memorandum from the about wednesdays air american officials said the was protesting to Libya that its aircraft were victims of an unprovoked libyan attack Over International Waters and in International air a report from the libyan news Agency received in said the foreign ministry refused to accept the document presented by the belgian ambassador on behalf of the United Belgium looks after american interests in Jana said Libya rejected the protest because the 6th Fleet committed flagrant aggression on the two libyan which were on a routine recon Naissance Mission within libyan Arab airspace and territorial the news Agency said Deli Vered an official protest note of its own to the through the belgian Zembas the note said that americas aggression was based on the Law of the Jungle and the logic of the the Only language the americans it described the attack on the two aircraft As a gesture of International terrorism against Reagan said he decided some time ago to assert the american claim that the vast Gulf of Sidra was International not libyan territory As claimed by we were faced with the knowledge that we could not go on recognizing this violation of International Waters and that we were going to plan our manoeuvres As we would have planned them without that without his artificial i approved the he Ding that he revoked a previous stand province unveils Northern Road by Bob Lowery Winnipeg free press Thompson construction will begin this year on a million project which will Complete the first Al weather Road Between Thompson and transport minister Pon Orchard said yesterday Cost of the project will be divided by the government and Manitoba the stretch of Highway Between split Lake and Gillam the Road Between Thompson split take was completed earlier will be built in two Orchard a million contract has been awarded to Erickson construction Ltd of Riverton for the first sector Between split Lake and Stephens the 60kilometre leg Between Stephens Lake and Long Spruce went to Orbanski construction also of the awarded As a result of open involve embankment trimming As Well As spreading Orchard noted that additional expenditures for culverts and other engineering work will push the total estimated Cost to More than Mil lion labor minister Ken Macmaster told a Thompson news conference that Jnore than 200 people will be employed on the project this they will be divided with one group being based at split Lake and the other at Macmaster said his department will insist on having As Many people As possible from the Indian reserves and communities in the Vicinity employed on the Ken a Thompson Chan Ber of Commerce we corned the noting that completion of the Gila Thompson Road has been a to priority item on the chamber Agenda for Many to acts into Thompson the South and West have been the salvation of our business Community As the population dropped to about from More than in a few the shoppers who used the roads to come to our City have More than made up for the population drop As far As Many businesses Are Burdorf he Felt the new which will give Access to another would be a further boost to the Thompson Ness mayor Pon Maclean said the Road create a but would help the steady buildup which is gently taking place in Orchard said the Road will follow the North Side of the Nelson River because see 61ham Page 4 ing order to the Navy to not Chal Lenge Khz Adays Reagan commented on the libyan incident aboard the Constellation and later at a California Republican fund raising dinner in Orange Reagan said the possibility of a Mili tary confrontation was raised during the briefing before the training exer the question came up with regard to if they actually became hostile and fired on our ships or what would our response Reagan there was Only one answer to that if our men Are fired our men Are going to shoot so they shot As you in what he a really Yankee Doodle a grinning Reagan ear Lier donned a Cap inscribed com Mander in chief and briefly steered the Constellation off the California he watched a dramatic Airpower show by f14 the same Type involved in the libyan they swooped and glided past dropped bombs which sent geysers exploding in the air and set off sonic see libyans Page 4 Thomson fires Back at Kent Toronto up the head of Thomson newspapers fired Back at the Kent Royal commission with his own ammunition de scribing the commissions recommendations As Kenneth Thomson said the commis Sions report described the concentration of in the hands of Large business interests As monstrous was dangerous and biased and its recommendations Tom chairman of the com said in a Telephone interview from Ottawa yesterday that the need to break the Power of newspaper chains has been made even More Clear by the severe criticism of Many of the coun try newspaper owners and editors against his Royal commission on Kent said he was surprised by the ill advised vehemence with which his report has been met by newspaper owners and the tone of Many editorials printed this which said the reports commendations were massive vindictive and an idiots clearly show the Lack of professionalism in the paper Kent i think its a fair comment to say that the nature and Quality of Many of the editorials fully confirms the Sis of the state and problems of the newspaper Industry in the report the Lack of professionalism in journal see Thomson Page 4 Patent pending of Manitoba is considering an alumni res Tarsh foundation which mpg Jcj exploit research discoveries through Star detailed stg by Anco the death two of three bears used in Federal scientists have deduced that Oil can be hazardous to a Polar pears Selkirk swings the third annual North end fair starts today and its base is Selkirk a Street with a colourful old traditions and an International worst to come Poland Solidarity Union Leader Lech Walesa warned its Teejay that the Independent Trade Union was destined for total confrontation with the polish Index Ann 31 43 6 entertainment Horoscope 3 Jomwe Pyle 30 Klady 4 letters 6 Mctroy on to 5 movies 86 31 Sinclair 31 sports 51 sports record 56 Tempo 31 i ;