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Ottawa hearing set
on natural gas deal

te National Energy Board will hold hearings in Ottawa starting.
aa ber 25 into whether to grant permits for the largest exports of
1an natural gas to the U.S. in our history.

Noy

ie = largest of these applica-
missior One by Westcoast Trans-
Story i Co. Ltd. (see PT lead
a ast week) to export 6,123,-
Bae ee cubic feet of natural

er a 20-year period in a
ee the El.Paso Natural

0.

i ‘together there are a number
Chit, applications for export
energy peeiore: the Canadian
ne ig sane of these the B.C.
others ae ar the biggest. The
os Alberta and Southern
Mission. Ltd. is seeking per-
500,000 a export up to 1,552,-
b Saas cubic feet to the U.S.
Alberta 1970 _and = 1993. The
Kings Sas will move through
and Beat B.C. into the, U.S.
ning to Iberta company is plan-
through auila Pipeline capacity
Opa; -C. to expedite the flow
. The the U.S.
fare Co anadian-Montana Pipe
export u; wants permission to
Botcs to 83,950,000,000 cubic
to 1993, S the Alberta border up
0
eet application by the
Bete atonal Gas Co.
ern eeking a permit to
ae 2,712,000,000,000 cubic
through o, the next 25 years
0 ungre, Saskatchewan.
Neb. any from Omaha,
Mission’ 28° applying for per-
Pipeline tr. build a 315. mile
ungre ae Express, Alta., to
3 . ask., and from Willow
a ask., to Swift Current.
Co,. °nsolidated Pipe Lines
S. company, wants to

build-a north-south pipeline as
part of its plans for large scale
exports to the U.S:

‘The* quantities of gas being
applied for in the latest appli-
cations staggers the imagina-
tion. Adding the total together
one comes up with the figure of
almost ten and a half trillion’
cubic feet of natural gas which
the U.S. hopes to take from Cana-
dian sources between 1970 and
1993.

With the hearings scheduled to
get under way in less than one
month (Nov. 25) there is little
time left to press the Trudeau

, government to halt this gigantic
‘ giveaway of one of our most

vital and versatile resources,
and to demand a national energy
policy which will look towards
the maximum utilization of the
gas to provide jobs and new
industries in Canada.

LABOR HITS
OIL LEASES

The B.C. Federation of Labor
and the Port Alberni Labor
Council have added their voice to
the protests growing over the
leasing of more than a‘ million
acres of Georgia Strait for oil
exploration to the Gulf Oil Co. |

Both labor bodies warned of
the danger to B.C. fisheries and
pollution of the waters on the
coast and Gulf Islands. They
called for cancellation of the

"eases.

Entertainment

CELEBRATE |
OCTOBER REVOLUTION &
LENIN’S CENTENARY

Ps at the
Nordic Centre - 7820-6th St.
Saturday - November 8th
Banquet 6:30 p.m. - Dance - 9 p.m.
SPEAKER — JACK PHILLIPS, prominent Trade Union leader

Adm. Adults - $3. Students $1 .50

New Westminster’

Refreshments

ae _ Ausp: Fraser Valley Regional C'ttee, CPC

Who’s getting the gravy

from high beef prices?

By H.K. WARREN
The retail food supermarkets
are now getting a much better
margin of profit than they were
able to extract prior to the
recent strike. This increased
margin of profit is best illus-

trated in meat prices today.

Although the price of cattle

has steadily decreased since
their much publicized high from
$32.50 per hundred live weight a
short time ago, to their present
level of $27.00 there has been no
noticeable decrease in retail

prices.

One knowlegable cattleman,
writing in one of the ranchmen’s
magazines has shown this in a
somewhat lengthy article which
we will try to condense for your
information.

A rancher buying feeder stock
weighing approximately 800
Ibs., keeps them for 120 days at a
cost of about 60.5 cents per day.
The average daily gain should be
9.75 lbs., so that a steer that he
buys at 800 Ibs. in 120 days will
weigh about 1130 lbs. This will
end up as a dressed carcas of 655
lbs. of ‘red’ meat. “Red”
carcasses in the first week of
October were selling wholesale
to the retail chain dealers at
$49.00 per hundred pounds — or a
price of $320.95 for the carcass.

In the chart below we break
down the carcass and work out

FRONT QUARTER

Rib Roast (bone in)
Braising Ribs

Blade Roast (bone in) .
Short Rib Roast

Cross Rib Roast

Shoulder & Neck (boneless)
Brisket Plate

Brisket Point (bone in)
Boneless Shank

*Fat, Bone, Shrink & Trim
Sub Totals

HIND QUARTER

Round Steak

Rump Roast

Sirloin Tip (boneless)

Club Steaks

Boneless Shank

Sirloin Steaks

T Bone or Porterhouse,

Wing Steak & boneless flank
*Fat, bones, shrink & trim
Sub Totals

the return, using prices taken at
actual meat counters. If the
figures shown below are
followed closely, it will be seen
that a $320.95 carcass has now
become $437.82 worth of
consumer meat, without taking
into consideration the 207.62 lbs.
of fat, bones, and trim, that
ean be sold for salvage or
processsed into lower profit
saleable products — all of which
is gravy for the supermarkets.

True, there have been a few
advertisements of meat
specials that would tend to
mislead us into believing that
there has been a reduction, but,

_a personal tour of the main super-

markets will reveal the actual
truth: that there have been a few
adjustments, but in the main the
price of choice cuts are all at a
much higher level than they
were before the meat cutters
lockout.

The retail food supermarkets
have now established a new high
margin of profit, which, in its
turn has been used by them to
perpetuate that old myth that
increased wages mean higher
prices.

Nobody has yet pointed out
that while the producer is getting
no more for his product than
previously, and the consumer is
paying more for everyday neces-
sities, the cartels are getting a

% of total

Carcass Weight
6.5 ‘ 42.57
3.1 20.30
a2 34.06
4.5 29.47
3.6 23.58
47 30.78
3.2 20.96
3.9 25.54
1.9 12.44

15.4 100.87
52% 340.57

% of total :

carcass Weight
6.4 41.92
4.3 28.16
2.6 18.99
a) 7.20
3.9 25.54
4.6 30:13"
4.0 26.20
3.0 19.65

16.3 106.75
48% 316 Ibs.

bigger and bigger slice of the
consumer dollar.

Putting her
foot in it

Socred Minister Without
Portfolio Grace McCarthy put her
foot in it last Thursday when
speaking to a group of 150 Van-
couver businessmen and
newsmen she said B.C. can be con-
sidered the 50th state of the U.S.

Her statement was greeted
with boos and hisses, not because
she had forgotten’ the U.S.
already has 50 states, but
because the audience obviously
didn’t relish being taken over by
the U.S.

While claiming she didn’t mean
what she said “politically,” the
fact is that she expressed Socred
policy .which is rapidly inte-
grating B.C.’s economy with the
U.S.

GDR exhibit
at bookstore

An exhibition of East German
books, periodicals and art books,
marking the 20th anniversary of the
German Democratic Republic is now
on view at the Co-op Bookstore, 341 -
W. Pender St., between 9 a.m. and
5:30 p.m. daily except Sundays. The
exhibition will run until November 8.

Retail Price

per pound Total
99 42.14
.59 11.97
85 28.95
7D. 23.28
1.09 25.60
69 24°25
fs) 16.72
.69 16.35
.69 8.58
.00 0
191.44

Retail Price
‘per pound Total
1.29 54.08
1225 33.20
1.29 24.49
1.29 9.29
.69 17.62
1292. 38.87
1.69 44.27
1.25 24.56
0 0
246.38

«It should be noted that we show 207.62 lbs. of fat, shrink, bones and trim, that we have not valued. These are

usually used up in lower grad

es of minced beef, sausage and other salvage values.

Classified Advertising

BUSINESS PERSONALS

DRY CLEANING
& LAUNDRY
Also Coin-op
LAUNDRETTE
2633 Commercial Dr.
879-9956

REGENT TAILORS LTD. —

Custom Tailors and Ready-
to-Wear, 324 W. Hastings St.
MU 1-8456 or 4441 E. Hastings
= Gy. 8-2030> ‘See= Henry

Rankin for personal service.

COMING EVENTS

NOV. 1 - You are invited to hear
JOE WALLACE speak on
the Soviet Union & read his
poetry - and hear TOMMY

HAWKEN sing. SAT., NOV.

Ist at 8:30 P.M. at 4274
SOPHIA ST. Snacks & Re-
freshments. Everyone  wel-
come. Ausp: Van. South Club.

CLINTON HALL, 2605 E.
‘Pender. Available for han-
quets, meetings, weddings
etc. Phone 253-7414. = S

NOV. 16 - DINNER & FILM
SHOWING of “CHAPAYEV”’
will be held- on SUNDAY,
NOV. 16 at 600 CAMPBELL
AVE. TURKEY DINNER
with Trimmings at 6 p.m.
Film at 8 p.m. Admission -
$2.00 Ausp: Kingsway Club,
GPG:

HALLS FOR RENT

UKRAINIAN
CULTURAL 4- CENTRE: =
805 East Pender St., Vanou-
ver 4. Available for Banquets,
Weddings, Meetings. Phone:
254-3436 or 876-9693...

CANADIAN: |

PACIFIC TRIBUNE—OCTOBER 31, 1969—Page 11

‘RUSSIAN PEOPLE'S HOME—
Available for meetings, ban-
quets and weddings at ta-
sonable rates. 600 Campbell
Ave. 254-3430.

_ PENDER
Auditorium

(Marine Workers)
339 West Pender
Phone MU 1-9481

Large and Small Halls
for Rentals