B88 CASTLEGAR NEWS,

August 24, 1983

BUSINESS

Interest ratesdampen

VANCOUVER (CP) —
producer-led recovery the
Conference Board of Canada
predicted for British Col-
umbia is fading fast in the
face of high interest rates,
says the board's director of

The provincial economic forecast-

ing.

Gilles Rheaume, in an
interview from his Ottawa
office said the board predict-
ed in May the lumber indus-
try would pull B.C.’s econ-

Faculty

accepts

settlement

BURNABY, B.C. (CP) — Fecal members at Simon

Fraser L

salary settle-

ty have
ment that will give them raises of 62 per ‘cent ive to
last year, and 1.8 per cent this year.

“It is not a settlement that we can be

omy out of the recession.
But, he said, the forecast
was based on a continued
surge in U.S. housing starts,
Instead is

year and a decline in \ produc-
tion early next year, said
Rheaume.

Lumber production growth
will “p di

, being
dampened by an unexpected
upswing in interest rates.

As a result, B.C.’s lumber

4 industry can expect slumping

exports for the rest of the

‘progr for growth in lumber production
the rest of the year,” he said. . to fall below 10 per cent:
Despite a 12-per-cent drop ‘The earlier.

“Rheaume | predicted that
this year B.C, will hens
than

of
in 1962 lumber production, this rapid growth in lumber.
the conference board had sales led the board to predict
forecast 14-per-cent growth that B.C.” ‘would bc the’

Brazil stops payment

on $1

BRASILIA (AP) —
has on

5 Bullion debt

its $1. 5-billion debt to the in-
world while

‘ly proud
of,” said faculty association president Stanley Shapiro, “but
it is the most we could expect to receive.”

Western bankers decide on
its request for renegotiation,

Shapiro said the — which about
500 SFU teachers and 60 library staff — feared it might wind’
up with no raise at all if a settlement were delayed until
after the B.C. legislature passes its package of restraint and
cutback bills into law.

One of those bills would let the government dictate | public
sector wages, Shapiro said, and faculty members wanted to
take no chances on winding up with even less than the
university was willing to pay.

a for the coun-
trey’s finance ministry said

“If they
don’t give us the green light
then we will pay.”

Brazil owes the so-called
Paris Club $500 million this

quest to renegotiate with the

normal to 74 per cent over
the last’ month.

‘We can tell that the
interest rates are haying’
impact on our market,” sald
‘Kirtland.

“Tt tolls us that any new
upward’ ‘movement in’ the.

way.”

Linda Cody, a spokesman
for ‘the Council of Forest
‘t Industries of B.C., said a dra-
matic’ three-month drop in
lumber prices from $227 to,
$166 per thousand board feet
reflects the shrinking Ameri-
can market.

“The drop in orders would
be the same for ud as the U.S,

jinety’ per cent of the
problem is thei interest asa
said

statistician with the Sear
“They didn't go down far
enough to start with, but
people made commitments to
build on'the assumption that

Now Open at our
Castlegar Location .

We will match our competitors’ prices !

With y years of Professional neon

_ 365 02s

Paris Club.

Rodrigues said it was cus- loan

tomary to stop payment on
the debt due while the group
made its decision, expected
in about three weeks. The

attempting to secure the
release of.$1.27 billion from
private international bank-
ers. This money is part of a

interest rate’ will We {elt
.immediately . in’ a negative

interest rates would conti:

to go down.”

valley landscape nursery
SALE STARTS AUG. 21 TO SEPT. 21

30 to 50% OFF

ees,

There should be no: danger of compensation stabilization
Ed Peck di

ring the

he added. “It

pact,
was negotiated in Peck’s office” with the help of Peck’s staff.
The faculty association is conducting a mail ballot to

ratify the settlement.

With the 5.2-per-cent raise retroactive to last year,
full-time faculty members will earn an average salary of
$46,000 per year, Shapiro said.

Students

work on

hi-tech projects

VANCOUVER (CP) —
Greg Kovacs and 28 other
students are the brains,
manpower and capital
unusual high-tech venture.

Founder Kovacs, a 22-year-
old fourth-year electrical
engineering student at the
University of B.C. is des-
cribed by those who know
him’as a go-getter and an in-
tellectual.

Earlier this spring, he
realized that many bright
engineering students would
be unable to find work this
year. So he spread the word
on campus that he was
looking for people to work
with him on high-technology

The new
yser will check the quality of
sound by measuring sound
waves. For instance, a rock
band could use one to
measure the quality of its
music.
SELLS FOR LESS
The group is also working
on a.color graphics system
for computers, which would
sell for a quarter of the price
ystems. And

is researching

speech recognition hardware
that a handicapped person
could use to run a computer.
Wedepohl said Kovars’s
talent became apparent at
age 19, after his first year at
when he worked

projects.

“The came in
at a tremendous rate and I
ended up interviewing all
sorts of people,” said Kovacs.

The group wants to

for a subsidiary of the
multinational TRW and deve-
loped a piece of sophisticated
electronic testing equipment
now being used in industry.

produce at least three high-
tech p The
sometimes have to work
around the clock without pay,
but agree that it’s better
than doing nothing.

Kovacs said he hopes the
company, Shaughnessy
Computer Systems Ltd. of
Vancouver, will have its first
prototype built within a
month. It is a spectrum
analyser that will cost 10
times less than the $80,000 to
$40,000 machines on the
market now.

Martin Wedepohl, dean of
applied science at the uni-
versity, said “There. is no
doubt that he (Kovacs) and
his group will be successful in
one of his ventures,

“That is a 100-per-cent
certainty and he could end up
making lot of money on it.
But at this point it is a little
too early to judge absolutely
about all of his projects.”

ment.” ;

Cam MacDonald, president
of H.C.L. MacDonald and
Associates Ltd., a Vancouver
computer systems consulting
firm, agrees at least one of
the co-op's projects is comm-
ercially viable.

“But even if they fail...
they will have learned a
valuable lesson. These kids
will have seen a small project
fail so when they start
working on major projects,
they will have a better
understanding of what is
going on.”

Kovacs founded Shaugh-
nessy 18 months ago. He
owns the company along with
two other UBC undergrad-
uate students. The group in-
cludes. 14 undergrads and
nine graduate students from
UBC and one high school
student.

3-year,

LOW
PRICE

2797 Hwy. Drive
Phone
364-0202

Dealer Lic. No. 7336

New Ladas

80,000 km. warranty,
5-year rust perforation
warranty

owes OIA

5-Year Financing
YOUR NEW DEALER

CANADA LTD. &

year and $1 billion in 1984.

The group is made up of the

representatives of govern-

ments and public insi|

in the industrialized world.
Brazil, Latin America’s tary Fund.

largest country, has a foreign ~

debt of $90 billion — the

$4.4-billion loan promised
Brazil last December.

ENTIRE STOCK
Thousands of Juniper | &
rraiionhiocg ett Aenea” 4: |]

NURSERY — 226-7270

wit of the
international banking HWY. 6 WINLAW. B.C.

“community.

biggest in the Third World.
Last week, Antonio Delfim

line. Approval would: mean
of $800 million

the release

"Excellence in quality & service”

Win fal ainda

10 ‘Venus’ H.B.
& 10 ‘Laurentien’
Coloring Pencils

97

pack

444-Sheet Rell .,
Soucoute nue? Value! ‘Crayola’

Crayons & Markers

8 markers for fine or broad
Pack of 8 fl
crayons.

97

.3-Ring Binders
Vinyl, 1 inch,
2 per pack.

4”

*Save 10%
on |
Unpainted
Furniture

estudent desks
ebook cases
and much more.

*10% Off All Regular Prices

Nylon Gym Bag mun Front 79

Save 25%

Black, Royal,

Silver-calor.
Men's Sport Tube Or Crew Socks
Cotton/Nylon. White, White/Red,
White/Navy, White/Royal. Fit
10-12. Our Reg., Pair 2.39. Now:

79

pair

Magnasonic 3-Pc. AC/DC Portable Stereo
Receives AM/FM/SW1/SW2. Cassette
player/recorder with soft-touch controls.
Takes metal/C,02/Normal tapes.
Detachable speakers.

198%

@sSANYO

&-Digit LCD Calculator
Independent memory. Up to 10,000
hrs. use on 1 “AA” battery (incl.).

Prices Effective (While Quantities Last) Til

WANETA PLAZA SHOPPING CENTRE
HWY. 3, TRAIL
Wookco Store Hours: 9:30 a.m. to 6:00 p.m.
Thursday and Friday: 9:30 a.m. to 9:00 p.m.

ENJOY THE RED GRILLE
FROM LIGHT SNACKS
TO-MEALS..,

Thoredey ond hidey: 20am. to i00 om:

USED 30” Continental bed, scat
windows, sete 5/68

Miss
itt.

Place Your
ActionAd by —
1LA.M.
., . FRIDAY
for Sunday CasNews
365-2212
iy Deadline for

Wednesday CasNews
is Noon Tuesday.

Write Box. Soir eas
Mh SH. *365-6670 a!

lor
one Bell, both ap-
rs. old. 965. mots or

965-3022. | 3/67
SAXOPHONE, B flat tenor. Ph,

AL

87 '\_ CHAINSAWS - BRUSH CUTTERS - WEED WHACKERS

BUCK HAVEN

Road At Seaver
ereck South of Trail
367-7822
“We Service What We Sell”

© Chainsaws

© Lawnmowers

© Pumps

© Garden
Tractors

For Better or For Worse

iB

Lynn Johnston

SERN E aay, Second $58
@ ton, 359-7196. 0 187

BABY: at, mattress,

How DID THE HENS

beer  icldge, Talibeor Phone
67

cANTTING Peaches, 35¢ to 40¢
per Ib. (one mile irom ferry),

RESIDENTIAL
& AUTO
REUPHOLSTERING

Boat Seats

DISAPPEAR, UNCLE
NNY?

Draperies
Fabrics & Vinyl
New & Us
Furniture
Foam Cushions

#70

650 - 23rd St., Castlegar

365-3055

ickling;
potatoes, most vi

cucs,

SSUPER TAM ciate for Van
Couver Sept, 3, 399-4476
5 pce, Chater el Zales
toble, baby buggy: baby crib, soMATOts, Fick your own 206
ores. ib: in beans 35¢/! baal
picked pickling slicing
e cucumbers, peaches,
CHECK OUR Spanish onlgns,s ved aipatate he.
WEEKLY
IN-STORE
SPECIALS , SATELLITE SYSTEMS U1, me

Mother Nature’s i tmperial Soy
from $1

avail
no down payment Hi
month. Dealt joqu ins el
per. an Dealer

ne i. Br love: ta containers. ae 7

r=

Et Nohicer n/66'

CASTLEGAR
365-7232

30 DAY TERM
DEPOSIT

30 DAY TERM
DEPOSIT

n
4} . i i
Ce arene 128-9961 _——————————

JEWELLERY ond Novelty Store in

rowing

2S2- screened and Hunted’ he 40d,
64

WEDDING STATIONERY Irom Kel
Poot. jeomele book evallob le. le to

jome evenings or wesker
‘da, 623 Columbia Ave. SESc055.

FREESTONE PEACHES. Pick

ol

ring containers. Open daily 9
gm. = S_p.m. Covert Farms,
Oliver, B.C. tin/64

‘TIwo-Gallon

: /
965-6773. Ole
MUST SELL: Heavy ping Iving rm,
sale Stereo components, real
pe recorder, Franklin fire,
place, misc, items. 365-5124,

365- 5210

COMPLETE Flatsaw shoke Mill
lent cond.
Ph. (509)

Lrg PAILS

ONLY:

roots or rocks, ED ROAD
GRAVEL, truckload lots ony,
$120.. Discount _on larger lots.
eso ls n/3i

fancouvel
. Vancouver 208:
14, Richi
foops 374-3566, || Nanaimo, 755.

int Conditioner; ,9600 BTU BTU, we
low mount, loug, tone
365-6285, bale

a Tr Ta LA)
| RALEIGH'S PRODUCTS. Phone...
2965-29617 M: Soul

‘Stukerdtt.”
FADOLE:| FANS sie origina fon

purpose
plot pails eat ian Hitting

Need cleaning. $1. r Soreach,

CASTLEGAR NEWS ~
197 Columbia Ave.
cm Ht .

more frid;

Keni . Base-
beard d tim. Heavy-duty

jack. Ph.
3/66

@ CLASSIFIED 9)

RATES AND
INFORMATION Sauer seHooL domme
RATES won! be underssid: camp or
First 10 Words $3.00 mentesh Shop Ps 7
Additional Words 15¢ | So
3 Insertions for Price of 2
7 Insertions for Price of 4
Special Reduced Rates for
13x, 10x, 26x, 62x, 102%
ere Also Avollable

PAYMENT POLICY.
Payment may be made by
cash . cheque, or Visa and

redit cards. It is
tor ‘edvisable ie send cash
phroualy Ve ‘mall,

Pare oy arged,

the od is not paid for seven
doys oied ua
(this NOT ap- | er,

NATURE'S GATEWAY

Wine & Boor Making

quarters

THROOM
3 cabinets,
S65 SATS See 9/66.
|, but o $1 | DUO Keyboord Bon Tempi Organ
bs model assatedchier pum. "—ée

STUBBEN Parzival Dressage ead.
Je, 365-6541. tin/61

Sides of pork, cot & ra
aon,
aks Sg gi A bee, tran 6 gs.

deliv. every Tues
Forms: Creston, ("3 as 901
OF 365-5662,

SEARS model Stereo with 8 ak
& Sespsokers, Higeed [con ond. Cheap.

oo" Gxt GAS K Kcr Rong, white,
‘cellent rat! ind. $250.
65-5961. 7/63

‘Saver, brown
(like new). phone:

16'cu. ft. dospiresze,
lest appears. ingle bed, $50. 1 baitery ¢ charge
NO : i 339-7934. 4 bn

NEED SOMETHING

’ For the Pool?
CONTACT
WALDIE ENTERPRISES:
Ph, 368-5552,

ely 12 Vise ond shastorcord
charges.)

11 a.m. Friday
Classified Display that we are
Ads Deadline specialists.

peidechrnr th
WEDNESDAY CASNEWS:
NDAY CASNEWS
SUNDA i
ide 83 ARIES
Wau: Fricey 4dr, auto, 2,000 km

Order by Mail
Print your Action Ad on @ ‘82 RELIANT
separate plece of paper and 4dr., auto., 36,000 km
eeriser ‘81 MALIBU
Pen oor 4dr., auto., V-6, clean
hagas re ‘81 CITATION
dr., hatchback, 46,000 km

‘81 CITATION
2dr. H7B, air, 33,000 km

‘79 TRANS AM

The Costlegar News re-
serves the right to classify ads
under appropriate headings
and to determine page loca-
tion.

Human Rights Act
All advertisements such os
Help Wanted must comply with
the "British Columbia Homan
ights Act. This Act states no
eceniisenient may state or
imply a preference, limitation,
or specification, on the basis
of an applicant's race, ‘relig-
ion, colour, marital statés, an-
cestry, place of origin, age, or
sex (unless the matter relates
to the maintenance of public
ND prior approval

obtained through
Rights Branch). ve

Waneta Junction, Trail

These are merely a few of the quality cars
we have to offer. Please compare.

PAUL’S PLACE LTD.

We have an excellent
selection of trade-ins of
most brands. So, if you
want a quality used
automobile,

remember
the used car

27? RENAULT
dr., LeCar, sun roof

‘81 CHEVETTE
4dr., hatchback, 34,000 km

‘79 MONTE CARLO
2door, nice
‘79 CUTLASS

2dr. coupe, Brougham
‘78 LE BARON

4dr., alr, cruise and tilt

‘80 OMNI
2dr,, hatchback, one owner

368-8295

Let Dave Williamson show you
the car of your choice!

ae a end rR cash

land, ie see
(MECC gas: furnace: ideattor com
large home, goad co
onbro. Ph. 365-9868 10/60
WaTERWTORID ENTERPRISES.
alerbed galore, unbeatable
prices. 367-7¢ tin/44

. DOLL HOUSE, pls turn fornlare ot ond

dolls, $20. Ph.

metal cree na ‘3
fireplaces $2, 365-2485,

WELL: TREY KerT
FALLING ASLEEP ON
THE SIDES OF THE
PEN: AN?

24 —YEAH, MIKE. ITS
Mr] A PIG-ERT-CHICKEN
WORLD

13767

Lb)

90 DAY TERM
DEPOSIT

90 DAY TERM
DEPOSIT

Run your
classified word ad]
twice at regular.
price and get the
third insertion

Castlegar Savings

CREDIT UNION
Costogar 365.7232

Stoean Park 226.7212

SPECIAL
SAVINGS

1 YEAR T
DEPOSIT

]
ie

free. 216 6th Ave. or

ROOM & BOARD for girl, =
mao. Laundry incl., 365-$005.7/

4, BDRM house, full base jent
(Robson) Reasonable.

|. 1 bdrm apt. Unlities ind
Entra toca: tod 365.

FURN. 1 bdrm apt., Sate
1, Private entrence & a
365-5211 eves. tt

S BDRM house, avail. Sept. 1. Fh.
965.2549 ines

Large 2 and 3 bdrm. apts, full
bosement, inewly: renovat

ocated orF7'4 acres of treed,
park-| Tike 3 Shing. ng. shore Bur.
chase necessary. Membershi

Gurer, T penile, pectthy Guer Guerni ernsey
eda monty ‘ago. Will Tall wines or
without calf. Also, pinto pony

SHELTER

For injured wildiite,
Pete poarded — Pete Avaliable,
Livestock information.
365-3907 or Mobile Haopses
(Castlegar Channel)

You may advertise in thi:
free of charge. Up

REGISTERED Purebred German
Short Haired Pointer Pups. Im-
rted bloodline, Excellent hun-

por

“fers. & fomily dogs, F
be see u
Mile House, Po

MILK COW, [ust freshened, good
ler se reotonathy priced. arte

management stab!
at Woodland Park Housing Co-
esha u paecetien call 365-
365-3608 or 365-2677.

2 one Rea iuroished basement
suite. 3/67
ONI ALi a, ae No
pets, 355-6171 Teves 3/67
ONE BDRM: in Fae no pets
please. $300/mo. 965-6691 eves.

Set q
2 BDRM lower duplex, ground
entrance, downtown Castlegar,
overlooking ri » Ph,
359-7586 on write Ross, C-11, S-
ERS Re ith Crescent t Volley: yy 9

- ONE BDRM, furnished a
euler in Castlegar. 495- 6208
et 7/5

CLEAN ONE BDRM.
HOUSEKEEPING APTS.

Includes heat, lights, TV hookup.
‘Weekly or monthly.

Ph. 365-5613

3 BDRM ieee iy &
sigve, Avell. early Sept. Phone

ONE pore bsm't arn wulte (Robson)
$250/mi Ke
ONE ae Hove. North Soria.

vate yard. Co re
18 Avail, Immediately. $350/mo.
Ph, 365-5608, 3/68

val
jed. 3rd bdrm

SLOCAN PARK

226-7212

ERM

UNFURNISHED 2 bdrm house
(Castlegar). $300/mo. 365-7551

BDRM fornished suite, uill-
tles Hee) $275/mo. 365-6571

BDRM House, piso. 2
furnished or unturn.
(365-3237.

HOUSEKEEPING units. Full,
nished, incl. minor

THREE BDRM. house with
to buy. One year old.

me Pests ae ane Bae
(eves) Gen) or eee

» CEDAR MANOR: One and two-
bdrm. apts. available immed,

365-6213 oF 365-7661. tin/t00

fl
TWO BDRM. house. Close to
365-6862

co very P private.
6. 7/64

ARE YOU
LOOKING
FOR:

Selection?

Over 100 cars and trucks to choose from
in one convenient location.

an

jo, private,
Robson, NO
365-6254

ONE BDRM furn. bmi sulle, gor-
age, close to Plaza. 365-7823.
3/68
HEATED, furn. 1 Bdrm suite, util,
Iglu uded. No pets. 365-5156, of

RM house in Robson. Suit-

Value?

Our 1983 clearance of the best-selling
automobiles in the world continues.

able for couple. No pets. Eves.,
365-669 tin/60
TO Ie house. Stove, fridge
and garage. 365-6804 8
p.m.

en ‘cottage, plus 2 btm
fuse, se3No children or pets. F

BRIGHT nd spacious Tbdim ap

Fridge & stove incl. Avall it Sep ‘

Days, 365-2111; 365-3570,
tin,

* 10%

—On First

Before you Renew the Mortgage on your Home:
CHECK THESE MORTGAGE ADVANTAGES

at Kootenay Savings:

INTEREST P.A.

ances now.

Top Trade-In Allowance?

We are ‘desperately in need of used ve-
hicles and are giving top trade-in allow-

“The Super: Guys”
and Mic
fied customer.

| Mortgage «:

* BI-WEEKLY OR R WEEKLY PAYMENTS

Lg

Total
— —Pays off Mortgage in les Time!

* FULLY "OPEN"

— Can be Prepaid ! — In any Amount! — At any Time!
— Without Penalties!

FREE QUOTATION / CONSULTATION

Kootenay Savings : Credit Union

TEAM ¢ SaUNVALS «

+ saw Omen © WAMITA RAZA

Proficient Sales Help?

— Pat, Mike, Brian
want to make you our satis-

THEN
YOU'RE LOOKING

FOR

US!

MALONEY

Pontiac Buick GMC Ltd.

365-2155