RR

_Cas a _Castlegar News November 9, 1983

BUSINESS

UGNGONDOUUUOUUULNGOOGNNOONUOOEOUUOLOGOEAOGGQNQOCGGUOCOOONOOOOONONNEdNOGGONOGUUqOOOONOUON

IN STOCK MARKETS
Computer

By ANDRE PREFONTAINE
CP Business Editor

Most people who play the stock market start the day
by picking up a newspaper to check the stock tables and
see how their shares fared in the previous day's trading.

But for more and more private investors who own a
personal computer, this daily ritual has changed
radically.

Now they can go to their computer printer and tear
off a sheet of paper to get an updated of thei

use grows

compared to 2,000 three years ago, “and we are.getting
between 1,400 and 1,700 new customers a month.”

Dow Jones is the only data bank offering Canadian
market quotes, but both it and Compuserve can be
reached through local phone numbers in major Canadian
cities. Both companies say their Canadian business is
flourishing, although they are unable to provide exact
figures.

ACCESS COSTS
Access to data banks usually costs between $1.60 and ;

portfolio, including an estimate of the loss they would
suffer or the profit they would make if they sold their
holdings.

During the night, the computer automatically dials
one of the growing number of financial data banks on an
ordinary phone line, selects the desired quotations,
calculates the total gain or loss and prints up the good or
bad news.

With the of home and the

on the nature of the information

IN CANADA

Feds help make
first floppy disk

OTTAWA (CP) — The
federal government is contri-
buting $665,000 to help Didak
Manufacturing Ltd., a newly
created Canadian company,
produce Canada’s first floppy
disks.

The repayable grant, pro-
vided under the govern-
ment's industrial and re-

and the size of the portfolio. The bill for more extensive
searches runs from $9 to $20.

“Uusally, the amateur investor calls in once a day,
but the fanatics will very often do it twice a day,” says
Minot.

Dow Jones and Compuserve, complementing their
data banks, sell off-the-shelf that

gional

will go toward the venture's
estimated $2.7-million cost,
Industry Minister Ed Lumley
said in a news release.

The floppy disks, or dis-
kettes, are high-speed mag-
netic data storage devices for

pected to hit the market next
summer.

Didak, which will build its
new plant in Arnprior, Ont.,
about 50 kilometres west of
Ottawa, will initially produce
eight-inch (20.3-centimetre)
and 5%-inch (18.8-centi-
metre) diskettes.

The company, which hopes
for sales in Canada of more
than $7 million a year by
1986, also expects to produce
microdiskettes of less than

‘four inches (10.1 centimetres)

when standards for them '

have been established.
. The roughly 20 million dis-
kettes used in Canadian

enable home computers to digest and analyse market.

growing interest in the stock market, the number of
people who use a computer to monitor their investments
increases every day. It gives them access to the same
kind of it that ly rely on to
make on possible

TOUCH A BUTTON
A company's profile, a detailed analysis of its past
performance, its earnings forecast and the latest
comments from leading analysts become available at the
touch of a button.

The most basic home computer can do the trick,
while more sophisticated models will prepare charts and
draw color graphics.

All of this spells big business for the financial data
banks.

Dow Jones, whose financial data bank started off

thes 2, hae

100,000 and i: is easel to double that number by y the end

of 1984, says Larry Callen, a Toronto representative of
the New York-based company.

and manage a portfolio.

Despite the popularity of financial data banks,
leading stockbrokers say they don't consider them a
threat.

CAN'T BE REPLACED
Even if the information in the data banks can help
you decide when to buy or sell, they can’t replace the
skills and knowledge of an analyst, said a spokesman for.
broker Richardson Greenshields who asked not to be
identified.

He doubts many small investors will rely on the
computer to manage their portfolio and buy their stocks
through a discount broker.

“It's tough enough for a professional. Imagine how it
is for an amateur.”

Bruce Bolin of broker McLeod Young Weir sees a
“movement in the direction of people using their own
computing nov t hame" to menage their portfolio, hut
feels most stors will to > rely on
for advice.

“The next t step won't be investors managing their

George Minot, vit id of C ve,
another financial data bank operating out of the U.S.,
says the company has more than 82,000 subscribers

and then going to discount ~
brokers, but fully integrated'brokers starting up their
own data bank for their clients,” he said.

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and word
processors.
The Didak product is ex-

each year now are
imported, mostly from the
United ee:

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‘i ce INOINICE:
OLIKSEIGAIGE'S|

Ariswer to Sunday Cryptoquip:
THE CHEAP TOY MAKER'SSPY DIDN'T LIKE TO
‘CRETS.

STEAL MANY TOP SE!

Steel
union
head dies

PITTSBURGH (AP) —
Lloyd McBride, who com-
bined caustic wit and iron
dedication in six years as
president of the United Steel-
workers union, has died at
age 67, leaving no heir ap-
parent to his labor throne.

McBride's death Sunday
created an internal challenge
with no relief from shifting
economic forces that threat-
en to steal the union's in-
fluence’ and its members’
jobs.

“Let's just say I've got a
big knot in my stomach,” said
one executive board member

as he contemplated the nam-
ing and the administration of
nominations and elections.

“Everybody in this union
has got to be wondering
about what direction we're
going to take now,” he said
Sunday on condition he not
be named.

PRAISES McBRIDE

McBride, who had under-
gone heart bypass surgery
Oct. 18, was found dead at 7
am. Sunday by his wife,
Delores, in their suburban
Whitehall home, said union
spokesman Russell Gibbons.

“He will be remembered
for his strong stand in de-
fence of his members’ posi-
tions at a time of special
challenge to the steel indus-
try," said Lane Kirland,
president of the AFL-CIO.

“Lloyd McBride was one of
the most outstanding labor
leaders in America's history,
and the country will miss his
responsible leadership,” said
David Roderick, chairman of
U.S. Steel Corp.: and Mc-
Bride's adversary on contract
concessions and-most recent-
ly on steel imports.

“He had a very caustic,
very biting sense of humor,”
said Ben Fischer, director of
the Centre for Labor Studies
at Carnegie-Mellon Univer-
sity, who had worked as Me-
Bride's assistant.

VOTE

Bob
MacBain

FOR ALDERMAN.

SAFEWAY

GROUND BEEF
eae $373] $1 69

we ts ke (0 be
Smaller $i size Packages... bz$3.95/0.$1.79

STANDING RIB
nee ROAST

5692?

LOIN OF PORK
ge-sgzo) $79

_ Now Open at ou
Castlegar Location

We will match our competitors’ prices !

365-7025.

WATERWORLD ENTERPRISES.
laterbeds 7 eatore: abeatonle:
prices. 367-7

ACTION '
‘ADS
DEADLINE

for this

© New & Used
Furniture
© Household Items|

KRAMER AUCTIONS
Next te Super Valu 345-7028

FRESH

ies SHOULDER

ES $439), $199

y

1la.m.
- Thursday

ANTIQUE dork jock sideboard
with bevelled mi
dition. $375, OBO: 365-6035
she

GARDEN LO,
Screened and | funied, ne nt "sod,
HED ROAD
SRA Truckload lots only,
$120. Discount on lorosed lots.
365-2600 or 365-5519, in/3t

‘i ee 120, 20 page < Career Guide
in. at home for

Fae 03 Top pat paisa island part ine sites

{obs iaide Street, West, Toronto.
Cat riataie )) 977-3929 today7/85

' 341 mi Container..........0..

SUN CROP
ORANGE JUICE

69°

Save 206.
Frozen Concentrate.

Christmas Special:
300 Gummed Address
Labels $2.95

Il cheques

LADIES discover your natural
beauty ‘ind your best colors!
enante yo ur Sppearance with
qualified color analysis con-
sultants. Improve your image
with complete application of
ymetics in your correct sl

Moll with order to; Dominion
Labels, Bex 1316, Station A, Surrey, B.C.
‘Vas avs.

OLD DUTCH
POTATO CHIPS

a.99'

PURITY
FLOUR
$469

FRESH Creston a

PADDLE FANS: The original far: = ties. Ph:

store. Wholesale & retail, free Casilegor
alogu Ocean Pacitte Fan.

a Butadly 8. se 2K" ng) custom? case) leathe

Only: $10. For Oppoiniment Karen
365-6848 3/88

les. All varie-
). 565 - Sth Aves

PRO HAGSTROM Bass guitar,
jer strap.
Amitation Fender’Stratocaster
Bas 8264 ~ 7/85

° Parts |
© Service

SNOW TRAILS )

SALES & SERVICE

502 - 12th Ave., Genelle
693-2382

a,

by Lynn Johnston

* from $2.99 & up

Seed
Mixtures.
15% off

Sandwich Filler
r Blend
jalfa Plus
Mixed Salad

Champion
Juicer

$249.95

LIMITED STOCK
Plus many

more In-store

specials
only at

Mother
Natures.
Pantry

Downtown
Castlegar
365-7750.

You WANT TO TAKE A
CRACK AT DRIN' ING

WOOD WINDOWS, | doors,
a

-68: ee
374. 35667 Nonaimo, ae
7375; Winlaw 112-226-7343 |

GPRGHT PIANOS Gea Greed
Flonos | reconditioned. Expert

Fified ‘rane, technician, Keld
Neumann (jchansen). Phone
Corel Romn

MacBain

FOR ALDERMAN

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

NO EXTRA
CHARGE

7 Insertions for Price of 4

YOU REALLY THINK SHE
CAN MANAGE THAT

FRESH HONEY, 965.9147 9768
WEDDING STATIONERY from Kel
Print. Sample book available to
take home evenings or weeken-
ds. 623 Columbia Ave. 365-6385.
26/64

PISTOL: Thompson Contender,
with 4mag neg and .22
inch Born
s! a aint
$550. (25 calibre
with 2 2 ee: eee sia8.
Sao =
tress and spring, coffee table,
, Newspaper rack, car-

top earrier. 365. 3/89
Teak coffee table $120. 365-: oe

TRIXIE THE TRADER

Dee,

Laan

i] MN te 1-83
"CASH REGISTER LIKE HEH —
HOW We

WOULD YOU LIKE
FOR YOUR BIRTHDAY?

4 piece livingroom fe.
wood frame with c
compartment fuel tonk me teal
box style, 2
loo

trailer axtes, with 13° 4
Chevy motor and auto trat

TER 12-guage shot

Sides cy ray 1 beef, Aronte & Aan

Free deliv. every Tues. Newdan

Forms, Creston, (nay ee aad

or 365-5662.

VALLEY COMFORT wood/ sea

furnace — government grant
compact, efficient ond

curomatle. Information ond

me
ik.)
SATELLITE SN STEMS aa, 5380,
Imperial c. 501
Complete sotel jigs packa: aa
from $1995. . Financing | availa le,
29/month. Bebier. inquiries
Selene Phone 113-490-4040,°°
RECLINER CHAIR for sale, like
now. 365-2255 after 12. 3/90

THE SECRET SECT:

u
AWIENTION oll Christiana] Free

catalogues of Christian books,

fnuale end Christmas gifts, al

3a rl
2 Lighthouse, 543 Bost 8th,
Street, lorth Vancouver, a ss
SONSTGNMENTSFOF, MOOT re
#., Castlegar, Featuring coats,
jackets, boots. 3/90
CRIB, couch and chair, Kuchen
table, tricycle. 365-6661
p.m.

FIREWOOD, 1890) a er bieh, Tt re
Ory larch

359-7317 or ry 19-71 a, Wall
* trade for what-have-) shee Yk}
FOUR GM TIRES and wheels,

Alcohol stove, $45. 17°

with Ca HP Merc and Wallet
$450. jolo with 140 HP
Evinrude send wali $6500.
Ford F2: at $5500. Three PTO
will iM
ches, two oil tanks, ri
sees tor 34'x40' building.

TOPSOIL: For lawns $60 per load,
gerdens $75 per lood, gravel $60
fet load 112°309.7809" 7766

3x9 VARIABLE SCOPE with ring
3s. 365-6231 ‘3789.

Ford motor, 4 spd., standard
8. 365-3432

oath b Poakabel hea

5578

use.
ort
tand, 112.

WIN

2200 3" magnum chamber.
gaa, 0
SECRETS OF iCHORDINGE Bon
itor. New e study

a Fost, souy method. For sample

write: Studio ¥
ath git cash Silo7. Russell & ONE white female
dw oss. 10060 - 102 Ave., Fort St. John,
je. Wise's H Sto O08 1a 4 W155 years old, $20. 365-57

Queensize saree
idboard. 365-

‘GE WRINGER washer. $20. 365-
6350. 2/90

joose. 3
2/89

EVAPORATED
MILK

Carnation.
Save 20¢,
385 mL

BANANAS
=:.73'13.99°

MAYFAIR
WEINERS

4546 (1h)

Prices Effective Nov. 9, 10 & 12

IN THE CASTLEGAR STORE

SAFEWAY

away timirvan

SALES IN RETAIL QUANTITIES ONLY

TOP SALES
AWARD

The Top Sales Prod
fie 3 month of Octol

wale is a Profes tonal Sales
Representa who utilized

Bros. superior Marketing
Method to the fullest ex: 3
6tch servi

Congratulations ond
continued success,
Walter.

yully
looking caer rooting |
ily room
thats pechasteet eee Listed

fake trode, $124,000.

in FAR 1 MEAT
bedroom metie ona | eaaiton, with
008 soulidings ond own well, On
sir cleoreg sunny ocr arin Poss Creek.

TOP LISTER
AWARD

Congratulations to Britt Ed-
blad for being the Top Lister for
the month of October.

Britt's extensive knowledge
of our local market plus the ef-
fective use of Block Bros.

oven Marketin,

Wong ¢ CAN COMPAL
dint brick firepl
fom, Youll have to Treacy ana ae
100 youl be glod you wetted.

YOUR CHHOREN CAM WALK TO
bedroom home slturated on

privacy, lot Ie fully lon-
ped Preiine carious Teult treet,
covered perfect
for childrens play orea. to sell
Che

SOUTH Cas 10th

Silotuas fantastic UstINO. Hugs

lendacoped lot, beautiful ingiound,
iteted pool. Three bdrms,
aplice, Low Toe.

Toor te cellog

1s

from.
«

comer lot, Home has 1 bd

bai
{amity room ond th bor
ovement with full both. Patio doors

requieds your finishing
Below ates

House
touch. Priced

ebsved value oF $57,000.

SHOREACRES — HOBBY FARM of op-
proximately ¢ ocres. 3 bay separate

Berean Phone Wall

COSY BUNGALOW ON 2 ACRES. Por
tally treed, eiverview rece
creek situated on quiet

tgope. $72,

Atorter home or rental. ownth
ANXIOUS TO SELL. Asking $43,500.

WHY ARE YOU RENTING when you could
own this lovely 2 bdem. mobile home

lot. Clost to shopping, schools, etc.

WALTER’
TYMOFIEVICH
8-2280

Remember
Block Bros.
the company
that can
expose your
arty to the
greatest
nuinber of
buyers.

CONGRATULATIONS!

To the Vendors & Purchasers of
the following properties:

Sold in October

RY AVE. 5th AVE. SOU™
Serine Colles ‘ow? Executive home.S V0?
ROBSON _4\0 NORTH CASTIZQ\O
Heritage hoSO Small duplex. °

ith AVE. § Hi 11th AVE. SO!

Paenity homeS' so. Finished up and S' ne
BLUEBERR¢ ow ROBSON .o\D

Four bedro: Mobile home.9
4th AVE. £O\01 CRESCENT V7.0
Home and po
CASTLEG4-\D
Mobile hes
OOTISCH7
Double wir
ROBSON.
Smaller 3 tOSom.
10th AVE. $<(\D
Older 4 bedrooS °
RIVERSIDE © ‘NT
Executive hens
BRILLIAN™
Riverside 150%
BLUEBERRY, Q\D
Double wide S2 vot.

BLOCK
BROS.

WESTERN BEST
SELLERS INC.

2 acres.
Counts D
Downtown lot’ 5Ov
meAver FAX oe

SHORE
ore
eon rasi oar
ins ot?
meen

FLORENCE
(SALIKEN) RYAN.
399-4425