"Plant To Market Pipeli EMPRESS, Alta. (CP)--Con- | struction of a $33,500,000 project * 40 extract and market liquids ' from the trans-Canada natural + gas pipeline has passed the half- ' way point. | The Pacific Petroleums Ltd. ; Project includes a $22, 000,000 | extraction plant mear this Al- 'berta - Saskatchewan border j | community and a 577-mile, $11,- 500,000 six-inch liquid petroleum ses pipeline from the plant to innipeg. A company official said the ' plant, largest of its kind in the world, is about 40 per cent com- ; pleted and the pipeline about 75 per cent completed. The project ' is expected to start operating | early next year. ' COVERS 30 ACRES The plant will cover 30 acres) and receive natural gas from ' the Alberta gas trunk pipeline near its junction with the trans- ' Canada. After processing and + removing gas liquids--propane, | butane and others--the gas will be returned to the trams-Canada ' line and some of the liquids ' transported through the _pipe- line, which will run parallel to ' the trans-Canada line. The plant will process about) 1,000,000,000 cubic feet of gas | daily and production-ean easily ' be increased to 1,500,000,000 cu- | bic feet daily. A company spokesman said| ' initial production of liquids will ; be 11,000 to 12,000 barrels a) day, imcreasing to 20,000 as ' trans - Canada increases its throughput. ' EMPLOY 40 PERSONS The Empress plant, located * roughly 80 miles northeast of | Medicine Hat, will employ 40 + persons. Railways Should Help Unemployed Committee Told OTTAWA (CP) -- Canadian ' railways should use some of the money saved through automa- tion and various forms of | streamlining to assist their dis- . placed workers, the Commons ' railways committee was told , Tuesday. A. R. Gibbons, secretary of * the national legislative commit- | tee of the international railway brotherhoods, said the railway workers are "the only ones be- ing adversely affected" by rail- way changes: "All we ask is that part of the savings be applied to those who ) are being hurt through no fault | of their own.' + Mr. Gibbons headed a group ' of union spokesmen answering , committee questions on a brief | tabled by the unions last week ' én support of a bill, introduced ; in the Commons early this ses- sion by Douglas Fisher (NDP-- ' Port Arthur), that would amend. ; the Railway Act to provide for | com: ion to workers dislo- , cated by auteuseien. Extracts Propane and butane will be the only liquid petroleum gases which will be transported through Pacific's pipeline. Other liquids will be transported by truck and rail. Two terminals on the pipe- line, at Regina and Winnipeg, also will have truck and rail fa- cilities to handle the liquids while four terminals will be serviced only by truck, Pacific is building a 500,000- barrel storage facility in an un- derground salt cavern at Rich- ardson, Sask., south of Regina, to ensure a constant supply of propane to consumers east or west of Richardson, The liquid gases to be ex- tracted by Pacific are used for space heating, cooking and as fuel for tractors and power im- |plements. Canada-U.S. Resource Pool Udall Plan WASHINGTON (CP) -- U.S. Interior Secretary, Stewart |Udall Tuesday suggested Can- lada and the United States cre- jate a gigantic pool of their re- sources and exploit them in cross-border trade on the basis of achieving maximum produc- tion efficiency at lowest costs. He said this concept which he described as having "quite a bit) of support" in the U.S. adminis-| tration could be applied to the| flow of Canadian-U.S. trade in hydro and nuclear power as THE GSHAWA Times, Wednesday, Getover 16, 1765 Canada May Cut Imports U.S. Claims By HAROLD MORRISON WASHINGTON (CP) -- The U.S. commerce department says that Canada's earnings from its huge wheat sales to the Soviet Union normally might|'@' provide a bigger Canadian mar- ket for American goods, but the outlook isn't good, partly be- cause of restricted elements in the Canadian economy. "A number of economic fact- ors are unfavorable to expand- ing U.S. exports to Canada," Securities Sale To U.S. Down In August OTTAWA (CP)--Sales of out- standing Canadian securities is- sues to United States investors dropped sharply in August to about one-third of the normal trate, the bureau of statistics re- ported Tuesday. The decline contributed largely to a $21,500,000 capital outflow during the month from international trade in all out-jp standing stock and bond issues. The outflow more than offset a $14,500,000 capital inflow from t is trade during the three pre- vious months, . August was the first full month following the annmounce- ment of the proposed U.S. in- terest equalization. tax on Amer- ican purchases of foreign se- curities, aimed at reducing U.S. foreign exchange losses, Trade in outstanding Cana- dian securities with all coun- tries during August produced a capital outflow of $20,100,000, The outflow on trade with the U.S. as $15,200,000, compared with a $2,600,000 inflow in July, as sales to the U.S. dropped to $13,400,000 from $29,409,000 and urchases rose to $28,500,000 from $26,800,000. Normally, monthly sales to the U.S. are $4,000,000. aroun says Victor McNabb, chief an- alyst for the department's of- fice of international regional economics. "Although economic activity in Canada has been increasing, there are some indications that the advance may have levelled off. Foreign exchange holds are high but have declined recently. The Canadian securities market has been depressed, possibly in- fluenced by the slackening in the inflow of capital. "The currency depreciation, beginning in 1961, has damaged the competitive position of many U.S.'commodities relative to Canadian products. No up- jtrend in U.S, exports has been jobserved since the. remaining \tariff surcharges were moved in |April.. These surcharges had lbeen imposed in June, 1962 to improve the foreign exchange position. "In addition, there may be a tendency for Canada to restrict imports as a means of reducing its trade deficit with the U.S.," added McNabb in a report on the world trade outlook pub- lished in the current issue of the department's international com- merce magazine. Indust. Index well as coal and petroleum pro- ducts. Without elaborating on how! this pooling arrangement could) be operated, Udall told report-| ers '"'we are moving in that di-| rection" in cross-border nego- tiations on the Columbia River| power treaty under which the Canadian share of power bene- fits would be sold in the U.S. Asked how the U.S. hoped to press for greater foreign pur- chases of U.S. goods if the U.S. did not also encourage greater foreign industrial production-- such as automobile production in Canada--Udall said: he be- lieved the answer to some Ca- nadian-U.S, trade problems, in- cluding those creating tensions, was in pooling of resources. Resources should be exploited where they could be produced more efficiently and distributed be the two countries on the basis of their costs and a ty. Udall suggesed some' similar idea had been advanced by trade minister Mitchell Sharp who has called for a joint Ca. nadian-U.S. study of ti REGULAR PRICE | Breaks Record | 4 Times In Day | TORONTO (CP) -- Urged on |by selective buying on a fairly jnarrow front, the industrial in- jdex broke its own record four |times Tuesday to close up 2.24 |to 656.08. Other sections declined frac- tionally with base metals taking the major loss." Chemcell advanced , Cana- dian Industries Ltd. 5g and Levy % among industrial gainers, Distilleries were stronger, Distillers-Seagrams gaining 14 and Walker Gooderham \%. Papers, steels and banks soft- ened with some issues losing up to % point. Nickel producers helped to weaken base metals. Falcon- bridge and International Nickel both dipped %. Merrill led speculative mines, down 11 cents to 90 cents. New- north slipped 1% cents to 25 resources and detailing an in- ventory of long-term needs. 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