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The Gazette 1982-01-06 - 1982-06-30
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Date
1982-04-21
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Wednesday, April 21, 1982 Cleo Ross, the person responsible for the Hainstock Hobby Show poses with Ralph Durand in front of the latter's models fashioned from copper. The Hobby Show was held at Hainstock Community Centre for the weekend. Hainstock Hobby Show committee member Mrs. Clarence Erickson (right) and Pansy Bailey pose with samples of Mrs. Bailey s bead and leatherwork. The Gazette The Darol Herbert's flew out to Vancouver for a few days to visit their daughter Donna, husband Ted and the twins. The weather was terrible but seeing the twins really. made up for it. Gordie Krebs and protect farmers The Bank of Mon- treal has established new review systems to protect farmers facing difficult times in a period. of widespread rec ssion, Simon Kouwenhoven of Calgary, senior vice- president of the Bank s Alberta Division, outlined the systems recently in an address to the First- Bank Farm Profit Outlook conference in Edmonton. Kouwenhoven said the Bank of Montreal has established a special review officer and a senior review committee for farm customers -who felt their personal circum- stances. had: not received adequate con- sideration from other bank officers. He said- this approach guaran- tees that all farm har- that every possible averiue or alternate ac- tion has been con- sider d before a foreclosure or similar action is initiated by the bank. to devise a realistic turn-around plan - using services of out- side management con- sultants and accoun- tants if necessary in order to prevent foreclosures. Another course of ac- tion within the bank is establishment of regional agricultural advisory panels which include respected bank clients representing thajor commodities from grain to beef. Panel members offer independent views on the current farm financial environment. Kouwenhoven said banks are in business te make loans and they. do not want to make a bad loan - or to . jeopardize the positions of farmers. Some critics feel that we have over-lent in the past and some feel we are under-len- ding now, he said. This is clearly not our intent as we are only successful both in the marketplace and advisory on the balance sheet if teams, including a we maintain a sound bank agrologist and a - professional in- senior credit officer, tegrity. also have been set up. Kouwenhoven said The teams are directed 1982 looks like a tough ea oe year for farmers - the fight with inflation still is on and, the far- mers could expect lit- tle by way. of relief from the federal or provincial governmen- ts. It is in times like these that each of us and our organizations are called upon to do what we can do to cope, to minimize disruptions, and to try and move ahead. Kouwenhoven sugges- ted Alberta farmers consider new financial services developed by the Bank of Montreal to help them in a time of need: - A fixed-rate farm mortgage makes sense now because - rates have a greater poten- tial for rising than for going down. Amor- tization periods of up to 25. years, combined with renewal terms of one to five years, per- mit farmers to control Page 17 annual payments and improve their cash flow. - Farmers can obtain flexible terms fix a rate today and draw the money 90 days later when it is needed. They have the option of obtaining credit ap- proval and fixing the rate within 180 days of the day they require the funds. - Bank of Montreal has developed a plan mers to obtain a lower down-payment, and to match loan repayments to the expected lifespan of the equipment. Loan payments can be amor- tized, blending pay- ment. of principal and interest over the term of the loan. The bank can offer a constant payment by the month or by the quarter, re- gardless of interest rate fluctuations. ZY WINDOW Lf AUCTION Olds Auction. Mart Ltd. Olds, Alberta be AGRICULTURAL ECONOMIST Olds --We are looking for an individual interested in financial management of farm businesses. The respon- sibilities include conducting investigations into management strategies under the Income Tax. Act, for farm estate planning, preparing publications and reports and ducting training i Qualificati B.Sc. in planning, preparing publications and reports and con- ducting training sessions. Qualifications: B.Sc. in Agriculture. Economics with related experience in- cluding knowledge of public speaking and meeting procedures. Candidates with less experience may be ELECTROLYSIS +4 Salary 18,720 - 30,612 (dependent on qualifications) COMPETITION No. AL-4406-C-2 e BY LYNNE CLOSING DATE: April'30, 1962 (Permanent Hair PLEASE SEND APPLICATION FORM OR RESUME Removal) QUOTING COMPETITION NUMBER TO: - graduate of govern- Government of Alberta cant ified school Personnel Administration Office Room.1101 - member of W.C.E.A. John J. Bowlen Building Ciircmergeelh , mee sts 556-3557 SOT AVREW id easier gE Ee 16-2te Calgary, Alberta T2P 0Y8 CONSTANTLY CREATING CONFIDENCE Tues. April 27 at approx. 12 Noon Selling approximately 120 new windows. - sealed glass and frames. Various standard sizes of bedroom, living room, kitchen, hallway and basement - fixed pane and slider windows - fixed pane only - frames without glass Harry Jackson. Mr. and Mrs. Lori Wahl of Medicine Hat visited Mr. Ralph Jack- son for a few days. Howie McLean and Russell Aulstead spent the Easter Holiday at Smithers. B.C. with Russell Dodd looking after the farmstead. Mrs. Harry Jackson Sincere sympathy is extended to the E.P. (Sam) Jacksons in the passing of Delores Aunt of Edmonton, and also to Wyatt Jackson in the loss of a school chum, Danny whom also attends the Hori- zon School in Olds. Mr. and Mrs. Ed Fin- nigan also attended a funeral at Crossfield on Friday. Mr. and Mrs. Joe Yoos and family spent Easter with their dau- ghter and. son-in-law and family, Mr. and Mrs. Pete Veer of St. Paul, Alberta. The Stan Morphy s had their family all home for Easter from. Ed- monton. Mr. and Mrs. Roger Jackson and. boys. of - Edmonton were down visiting Mr. and Mrs. had an -eye appoint- ment in Calgary Wed- nesday. Mrs. Art Jack- son drove her down. Jim Whyte has had his cousin visiting him through the holidays. TO ALBERTAN GROUNDS. WHEN WE PROMISE POWER One of-a series about Alberta first power. company: At TransAlta Utilities. we've been doing a lot. of things for a long time to make sure that Albertans havea sufficient and secure supply of electrical energy. , WE HAVE GOOD Back in the 1950's..we looked beyond the surplus of low cost natural.gas and saw the day when this fuel would become prohibitively expensive for power generation. We also predicted a time when the prior claims of the domestic user and the petrochemical industry would put natural gas.out of reach for our purposes. And so we turned to Alberta's vast resources. of low-sulphur coal as the answer. To fuel our new generating stations. we began to buy coal properties at 1950's prices. Coal TOWN OF OLDS 1982 CENSUS The 1982 Census will be conducted between April 25th and May 1st, 1982. Enumerators will be calling on you to obtain statistical information which will be utilized for future planning, grants, etc. We are par- ticipating in a Red Deer Regional Planning Commission pilot project this year which uses standarized forms to provide comparable data THE 1 s Anhydrous Ammonia Service Pioneer Grain s Anhydrous Ammonia Service Depot is in operation in your area, ready to take bookings for complete delivery and appli- cation of low-cost nitrogen fertilizer this Spring. The Pioneer Anhydrous Ammonia Service Depot provides efficient and trouble-free appli- cation. F Call the Pioneer Grain Elevator Manager in your area for more information on Anhydrous Ammonia Service, and to place your dry fertili- properties which, together with those we would subsequently acquire. will enable us to protect our customers from energy price and supply uncertainties for decades to come. t Now, thirty years later. we can confidently promise power to Albertans because we have fuel in the ground to back that commitment. And we're still looking into the future. We're supporting research into alternate forms g of energy solar and wind power. We're keeping abreast of the latest develop- ments in nuclear energy. We're continuing the search for economically feasible hydro- electric power. And we're maintaining our solid financial capability to raise the neces- / - sary capital to build future plants. At the same time we will continue to offer an opportunity to Albertans to invest in the growth of their province. Meanwhile. back in the present. we take pride in what we do today. This in- cludes our 99 . Canadian ownership, Our devel opment of a strong. innovative management. And the maintenance of a neighborly presence in the communities we serve. : throughout the Province. All of our o TransAlta Utilities. Power for Albertans is our enumerators will carry Town of Olds iden- Olds - Ron Luft prime concern. ificati Carstairs - Les Markham ad . Innisfail - Dave Shoemaker We ask your co-operation to assist the eran oe L lend enumerators in completing this census and if you have any concerns or questions, please contact me. Trans A Ita Gee Cea si aaene Te cS Secretary Tre aa Utilities Secretary Treasurer ) ; ( t ;
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Image 281 (1982-04-21), from microfilm reel 281, (CU12511972). Courtesy of Early Alberta Newspapers Collection, Libraries and Cultural Resources Digital Collections, University of Calgary.