Barrie Historical Newspaper Archive

Barrie Examiner, 29 May 1976, p. 14

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FRANK BAZOS 74yearold founder of the Becker Milk Co Ltd shown here with one his store managers star Two stores week is Beckers target TORONTO CP Frank Bazos 74 founder of Becker Milk Co Ltd came to Canada at the age of 19 as penninless stowaway from Greece Today Beckers is the largest conveniencestore chain in On tario with more than 500 stores We started with five stores in 1957 said Mr Bazos who an still run three miles in 40 minutes Now we have gone into more than 120 cities and towns in Ontario from London to Orillia to Ottawa and were opening an average of two stores week While its chief rival Macs Milk now operates across Can ada Beckers reigns in the major Ontario market Last year was the best ever for Beckers owned by Mr Bazos chairman and Bob Talk of default again in New York City NEW YORK AP There was talk of default again in New York City this week as both potato traders and the Big Apple itself gave investors cause to worry Tuesday the New York Mer cantile Exchange experienced the largest commodity futures default in its 10+year history involving $425 million in con tracts for 50 million pounds of Maine potatoes Wednesday Moodys In vestors Service bond rating agency slashed the rating of the Municipal Assistance Corp MAC from mediumhigh to speculative At the commodities ex change where food processors and speculators try to beat in flation by buying and selling contracts for potatoes and other goods for delivery at future chtes exchange officials were meeting throughout the week to discuss the default Under existing rules the resident of the exchange is re qrired to buy enough potatoes to fulfil the defaulted May con tracts then charge the cost plus penalties to the defaulting brokerage houses that had taken socalled short positions in the contracts in the hope of selling them later at lower prices PROIIIBITS CHANGES US federal regulators told the exchange they will not per mit rule changes in dealing with the default Meanwhile the future of New York citys threeyear emer gency financial plan was dealt blow by the downgrading of the MAC The municipal corpo ration was formed by New York state last summer as credit lifeline for the city OTTAWAAT AGLAN CE FRIDAY MAY 28 1976 Acting prime minister Mit chell Sha said he thought comments Bryce Mackasey mnsumer affairs minister ap parently attacking proposed dianges to the unemployment insurance program were mis represented McMaster University pro fessor Cyril Greenland told the Commons justice com mittee that alcohol is factor in many sexual and violent of fences The price of natural gas ex ported to the US may rise by $400 million as result of nego tiations under way says Energy Minister Alastair Gil Iesplc ted with chain of five stores staggering total of 500 stores in 120 Canadian cities CP in 1957 This year the firm II mm Piggy cheer Jets Thousands WINNIPEG CP Thou sands jammed Portage Avenue in downtown Winnipeg to pay tribute Friday to the Winnipeg Jets new champions of the World Hockey Association Led by Scottish marching band under sunny skies team dficials and players sat atop convertibles and inched along an eightblock stretch of the av clue crowd estimated by police at between 15000 and 20000 cel dirated the Jets fourgame weep over Houston Aeros that captured the Avco Trophy on Thursday Team captain LarsErik Sjo berg leading the processsion while perched on the back of sports car held the fivefoot trophy in one hand and waved an gestured to the crowd with the other IDUDEST CHEERS The loudest cheers went to Bobby Hull 37 who brought the World Hockey Association its first measure of credibility by signing multimilliondollar contract with the Jets in 1971 That was the occasion for an other parade culminating in an outdoor ceremonial contract sgning at Portage Avenue and Main Street Missing Friday was Ulf Nil son the Swedish centre who set WHA playoff record by ac cumulating 19 assists in 13 ymes Nilsson also named the most valuable player of the playoffs srffered an eye injury in the second period of Thursdays game and was under observa STUART SMITH More like leader now he says after months TORONTO CP Four months after he was dected leader of Ontarios liberal party Stuart Smith says he is just beginning to feel comfortable in the job It has been trying ap penticeship feel more like leader now the 38yearold Hamilton psychiatrist said in an interview this week And that he said is im portant for anyone who aspires to the political pin nacle If you dont feel like leader then clearly the people will not regard you mane Mr Smith who some political observers have found to be more assured in his handling of the cut andthrust of the political arena in the last few weeks said he probably tried to do too much too soon as new political leader SHIEDULE BUSY For weeks following his election to succeed Robert Nixon he put himself in the hands of party officials which meant an exhausting schedule speaking to various groups in the pro will average two new stores Wirephoto week to bolster their alreadv tion in hospital Mayor Stephen Juba pro claimed the day Winnipeg Jets vince There was little chance for him to adapt to his new job Day What finally did was put my foot down about PREVENTINJURY To prevent burns wear gloves when you handle dry ice Looking for an outlet for his trother Jim whose restaurant had gone bankrupt Mr Bazos mticed dairy wagons loading ice into restaurants to keep ice cream cool He discovered that mechanical refrigerators were just coming into the market My God thought theres money in this business now and its going to get bigger KE REAM VENTURE He and his partner imme diately invested $2500 each in the Superior Ice Cream Co and Jim was hired to run the to bacco firm As the need to expand grew Mr Karres was unable to in vest more money so Mr Bazos bought his share of the busi He changed the companys name to Devon Ice Cream Ltd after his motherinlaws birth place By 1940 Devons had ex panded across Ontario After the Second World War Mr Bazos sold Devons to food merchant Garfield Weston for nearly $1 million but agreed to remain as president Restless in 1956 he remem bered magazine article he had read about man named Jim Lawson wo was revolutionizing the retail milk business in Akron Ohio by selling lowpriced milk in gallon jugs rather than quarts from his own stores for cash rather than home delivery MEETS PARTNERS Mr Bazos visited Mr lawson to learn about the new milk retailing idea While there he met Bruce Becker Mr Lawsons sonin Moodyvs also said the law and Bob Lowe former securit of the rincipal and in 13W ménégflg terest gf the MKC bonds was in 83 wmd bou or mum because of talk by cor them to Toronto and they later poration officials that maturity formed the BLCker Md Mr ed Bazos invested $100000 while iréwuzed an Mr Becker contributed $15000 as DO YOU FLY OFF THE HANDLE AT YOUR TRAVEL AGENT Try one who digs up the best deal for the traveller AlRHOTEUTHANSFEHS WAHDAIR IAIIADOS 1wxm 2WK 429 1WK 329 2th norm 1WK149 mm 1WKm LAS VEGAS DYS 219 SUNFLITE SPAIN WK 482 INCL MOROCCO WK 599 HAWAII WK 499 LONDON FROM Lowe president an engineer when hejoined the firm Beckers recorded $800000 in sales the first year it began 0p aating In the fiscal year that aided last Oct 31 total sales were $597 million PASSION FOR WORK Business has always been my hobby and main passion Mr Bazos said Beckers has become my life Mr Bazos was salesman in 1926 for Superior Macaroni Co earning $25 week plus three per cent commission In the evenings he sold cigarettes Soon he was making $60 week on cigarettes alone so he went into the tobacco business with fellow Greek George Karrys Within three years he was earning $10000 year at ths height of the depression As result of the down grading MAC and city bonds fell sharply and city officials were attempting late this week to have the bond agency recon sider the rating Moodys said both the MAC and the city were providing poor flow of information to in vestors and that the first year the citys emergency finan cial plan had failed to produco the necessary budget measures to restore New Yorks fiscal health JAMAICA SUNOUEST BUS TOURS FROM DAYS TO 30 DAYS CN RAIL TOURS UNESCORTED ECONOMY TRIPS HURONIA TRAVEL 13 DUNLOP STREET 726322 See The Fabulous One Hour Concert Special Tuesday June lst on the full llhh NVIR uvr CBCTV Network SONGS FROM MI thll ACROSS scheduling he said That was bit of advice sit from Prime Minister nudeau It took him about iyear and half to learn to ta hold of his itinerary eventually realized that had been running myself ragged all over the ovince and missing the mily considerably But thats changed he said The last six weeks the itinerary has been mder my control ME TO ELECTION The result of the first two months of confusion was that Mr Smith nearly led lis 36 Liberals into relue tant coalition with the 38 New Democrats in forcing an early election on the minority government of Premier William Davis Then there was an em barrassing rollback dur ing the midMarch crisis when caucus members told him the party was not ready for an election was not functioning at my best although the blame was not all mine Mr Smith said referring to the fact that advice from some party veterans who mould have known better was not forthcoming Still he is not convinced that an election then would not have been desirable am not happy with what see coming from the Davis gwemment EXERCISES CAUTION He is much more cautious now when talking about the prospects of an election in the near future maintaining only that when it comes he hopes the par ty will take the offensive and present real alter natives to the government if Premier Davis The Liberal leader said that as member of the legislature the most disap pointing thing is the lack of opportunity to get things done and the govern ments reluctance to work with the opposition parties In any creative way He said that if he is elected premier in the next election his first step would be to dismantle the bureaucracy even if had to check out every single jobmyself would decentralize the governing of Ontario and get the decisionmaking irocess back to the people of Ontario where it belongs gating low Aybody Coiaq To Sn Amour hs NNA TAIu Linlr Bh Loqul TI EAsy Pnus Ovm Don My Ring Hear You Fix lusr anu You And Mr Cnysul Ckudrlims TI SHARKS Cluwl Niqln Im 1051 Kiss An Awl Good Mounilnq All RAVI To You Is Mr Charleys Albums are available on RCA records 51 tapes at fine stores everywhere JUST PLAIN CHARLI OTTAWA CP Liberal MPs favoring abolition of hang ing were accused in the Com mons Friday of currying favor with abolitionist Prime Minister Pierre Trudeau in the Inpes of eventual cabinet ap pointments If you want to get into the cabinet then vote for aboli tion Alberta rancher Peter Elzinga PCPembina said as the Commons resumed debate on legislation to abolish the death penalty and establish minimum 25 ear ail term for premedita er During the debate fellow re lentionist Jake Epp PCProv eicher accused the Canadian Council of Churches of misrep resenting the issue by including the Mennonite church among religious organizations favoring abolition Mr Elzin singled out Mar cel Lessarga minister of re gional economic expansion who was not in cabinet during revious votes in which he posed establishment of five year moratoriums on hanging for all but murderers of police and prison guards ENJOYS HOUSEWORK NEW YORK AP Linda Hopkins star of the Broadway husrcal Me and Bessie was formerly domestic still en joy domg my own housework she says It keeps me hum Hed She said she is hard to flease when it comes to having someone else clean for her SAVE VEGETABLES NEW YORK AP For an ddtime nonpolluting selfde structing insecticide dilute one part molasses with 50 parts of water then spray squirt or gilash on vegetable plants Liberal MPs accused of currying favor But now he is in cabinet Mr Elzinga said Did he have to sell his soul to achieve that position Mr Epp member of the Mennonite Brethren denomina tion said the Canada Council of Churches included the Men mnites in January 1975 news release listing church groups favoring abolition He said only me Mennonite denomination in Kitchener Ont passed resulotion taking such stand RENT NEW CAR $731 $1795 mam Monday Plus Mileage TIEDEN 341 BAYFIELD ST the Bayfietd Sufloco Car Wash 7370800 CANADA His Performance His Music Prove that CHARLEYS BEST It SI NSAI IONI

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