88 Castlegar News May 26, 1985

BUSINESS

was angry...

PLR: SRN NR ea

Sperlich still mad

DETROIT (AP) — Chrysler Corp. presidei
Sperlich says eight years have failed to erase th
over his firing by Henry Ford who later used the same
axe to rid Ford Motor Co. of Lee Iacocca.

“For several years it cost me more agony than it did
joy.” Sperlich said in an interview. “But I've mellowed. I
and I suppose I still have some anger,
because I was treated unfairly.”

Sperlich, a key product planner for the original Ford
Mustang, was just 34 when t

Harold
anger

car came out in 1964.

He went on to win a reputation as one of the auto
industry's birghtest stars. But, after 20 years at Ford, he

was fired from his

in 1977, app

because of his close association with Iacocca.
“I finally had a meeting with Mr. Ford and he

wouldn't give me a reason,”

Sperlich said. “He said he

thought it would be best.”
Sperlich went to Chrysler and said he has not seen

Ford since.

If Hal Sperlich’s story sounds familiar, it’s because it

was the opening act to a bigger drama —

the 1978 firing

of Iacocca and his subsequent move to Chrsyler as
president and then chairman.
CAPTURES ATTENTION
The firings at Ford have captured renewed attention

with the publication of

Iacocea’s best-selling book,

Iacocea: An Autobiography.

Ford, 67, has made rel: ly few public
since retiring in 1979 and has not responded to Iacocca’s
book.

The rebuilding of Sperlich's career Mt

Business loves
new budget
‘blockbuster’

Chrysler's fall to near bankruptcy and recovery through a
federal bailout that allowed time for new cars to reach
market.

The first key product was Sperlich’s 1980 K-car, the
Dodge Aries-Plymouth Reliant. Its failure could have
taken Chrysler with it.

The K program was already in place when Iacocca
arrived.

In his book, Iacocca refers to Sperlich as a visionary
and his “advance man.” He said that seeing his old friend
that was Chrysler was like finding a “tall cool beer in the
middle of the desert.’

There is no question that Detroit-born Sperlich, 55,
who has been Chrysler president fora year, is doing well.

Although Chrysler is only half the size of Ford, he
still oversees a sizable kingdom of product planning,
design, engineering and procurement.

His last published salary, for 1983, was $378,000 with
a bonus of $450,000.

By The Canadian Press

Bay Street veteran Michael Wilson produced a budget
Thursday that received rave reviews from parts of Canada's
financial and business communities.

“It's everything we asked for and more,” said Jim
Bennett, vice-president of the 70,000-member Canadian
Federation of Independent Business. He called the budget a
“Blockbuster.”

“It sounds as if it (the budget) was put together by
business people rather than civil servants,” said Dan
Harrigan, president of the Canadian Organization of Small
Business.

“I think that the deficit cutters didn't get everything
they wanted but business better be pleased with this one,”
said Leo de Bever, an with Chase E
Canada, an economic forecasting outfit.

The Canadian Chamber of Commerce and some other
business groups faulted Finance Minister Wilson, a former
bond trader with the Bay Street investment firm of

ics of

Sperlich is a possible to the chair i
along with two other former top Ford executives who left
to join their old boss, vice-chairman Gerald Greenwald,
49, and executive vice-president Bennett Bidwell, 57.

Wood pri
Selling prices for Crestbrook Forest Industries Ltd.

lumber and pulp products continue to .
In their interim report to shareholders for the

three-month period ending March 31,

1985, Akira

Shibanuma, chairman of the board and chief executive

officer, and Stuart Lang,

and chief

ces down

$931,000 or $0.12 per common share. The results reflect the
continued downward pressure on selling prices that was
reported to you in the fourth quarter of 1984. Although loss
was di it was a over

Dominion Pitfield. They said he didn't go far
enough in cutting the deficit.

Others, mainly those in enterprises sensitive to budget-
hit consumers, were also critical. Generally, however, the
business response was positive.

TAXES CHANGED

Papers accompanying the budget show the tax burden
will get heavier for individuals and lighter for business in the
next five years. In that period, personal income taxes will
increase $4.1 billion, while corporate taxes will fall $2.2
billion.

The budget contains a variety of measures to encourage
investors to up more money into business, particularly small
enterprises. These range from improving research and

the loss of $2,332,000 or $0.35 per common share reported in

Pp
officer, said “The first quarter of 1985 resulted in a loss of

Management is
stuck in middle

CALGARY (CP) — The
middle manager is a dying
breed, a adviser

change in technology there's
no time to coddle middle

to hundreds of top Canadian
corporations said in a recent
interview.

“I see middle management
being wiped right out and re-
placed by roving problem
solvers,” said Art McNeil of
Edmonton, founder of
Achieve Enterprises Ltd. His
company lists the Royal Bank
of Canada, Dome Petroleum
Ltd. and the federal govern-
ment among its 480 clients.

Managers “not involved in
creating anything but paper
work” will find themselves
deemed obsolete by the need
to make quick decisions in
the world of high technology,
McNeil said.

“The reality is that be
cause of the tremendous

ry 6
“Canada has the produc-
tivity it deserves and it's dir-
ectly the responsibility of
management.”

MeNeil said a forced evol-
ution is changing executives’
roles.

“Leaders are needed when
the status quo is no longer
acceptable. And after what
our economy has been
through, there are few com-
panies where the status quo
is acceptable.”

By their visib-

the quarter of 1984.”

Net sales were up significantly at $35,061,000,
compared to $27,006,000 in 1984,” added Shibanuma and
Lang. 1985 first quarter sales were comprised of $20,522,000
(lumber and plywood) and $14,539,000 (pulp), while respec-
tive 1984 figures were $21,059,000 and $5,947,000.

financial it inall were
obtained during March,” continued Shibanuma and Lang,
adding “except as indi above, pro i facilities

writeoffs to a newly created lifetime
exemption from capital gains tax worth $500,000. The
exemption will mean many small-business owners now can
sell out and reap a full reward at retirement.

“This is a very exciting development,” said Robert
Stewart, chairman of the Investment Funds Institute of
Canada. “It offers a ive to Ci i to
own Canadian assets, and history has proven that this is
where the greatest rewards lie.”

Even the real estate industry, which will be hurt by

operated at or near capacity during the quarter. A monthly
production record was achieved by the Cranbrook sawmill
machine stress-related unit which has contributed signif-
icantly to the added value of our lumber products. The Elko
sawmill is continuing to improve in production and produc-
tivity. Reload centres and distribution yards operated at
capacity, with inventory levels higher than desired.”

costs and for the during the
ban opening quarter rose to $35,608,000, compared to the
figure of $29,749,000 in 1984. Working capital at the end of
the period increased to $20,947,000 from $7,038,000 with
assets rising to $122,181,000 from $103,274,000.

“Capital projects during the quarter continued at the
Elko sawmill and pulp mill,” said Shibanuma and Lang. “The
machine stress-rated lumber facility at Elko is scheduled for
completion during the second quarter. The pulp mill
optimization project, which was approved by your Board in
November 1984 and ile will result in substantial

cost for in

ility among g employees, set-
ting performance

September of this year.”

and listening to the workers,
the presidents and chief ex-
ecutives become a rallying
point for worker enthusiasm,
MeNeil said.

Weekly Stocks

VANCOUVER (CP) —
Prices were mixed in active
trading Friday on the Van-
couver Stock Exchange. Vol-
ume at close was 12,062,338
shares.

Of issues traded, 262 ad
vanced, 222 declined and 424
were unchanged. The VSE
index was 1183.81, up 6.17
from Thursday's close.

Lytton Minerals was the
most active trader on the
consolidated general board
and was steady at $1.11 ona
turnover of 500,000 shares.
Caneco Resources rose .06 to
63 on 229,690, Zytec Com.
puters gained .50 to $4 on
136,060 and Sterling Energy
fell 08 to .45 on 80,500.
Cosmos Resources dropped
03 to .22 and Energex Min.
erals climbed .08 to $1.

New Ridge Resources was
the most active among de-

velopment issues and ad-
vanced .04 to .86 on a turn-
over of 239,900 shares. Jetta
Resources was up .10 to .70
on 237,500, Corinthian Re-
sources was unchanged at .27
on 192,500 and Monte Christo
remained at 13 on gor
Kerrisdale
clined .03 to $1.55 and Mone
Gold Mines rose .21 to .96.

Levon Resources warrants
A were the most active war-
rants issues and were up .20
to $2.20 on 23,400 shares
while Energex Minerals
warrants A were steady at
32 on 11,000. Deep South
Points warrants B were the
most active among develop-
ment issue warrants and rose
02 to .04 on 97,000 shares
while Southwest Tech war.
rants gained .01 to .25 on
54,500.

B.C. Resources climbed .10
to $2.50 on 20,425 shares.

Serna Columbia to the public

nel

DATE: sone 17 -21
TUME: 90

FEE: $25

Selkirk College,
with Tourism British Columbia
is offering a five day

‘Travel Counselling
Techniques (Basic)’’
Course

This course 1s designed primarily tor people employed by
tourist mformation centres eround the province but is also
to those in other positions giving intormation about

Gradvotes receive o Ministry of Tourism certificate which is

recognized by most employers of information centre person
4 p.m

PLACE: Selkirk College, Castlegar Campus

Please register by June 12
phone ©

in cooperation

Selkiri College

CASTLEGAR CAMPUS
Box 1200, Castlegar. B.C. VIN 3/1 — 365-7292

MAKE YOUR DEBUT
AS A MODEL

of the Regi: Home Ownership Savings
Plan, reacted favorably,

“It (budget) was a bit tough in some a:
it's hard to criticize,” said David Hawkins, vice-president of
the Canadian Real Estate Association. “People will still
invest in houses without the encouragement of that tax
deduction (RHOSP).”

The praise was even heard on Wall Street, the New
York financial district, where there was a special screening
of Wilson’s budget speech.

Peter Gordon, managing director of New York's
Salomon Brothers investment dealers, called the budget
“constructive” on deficit-cutting.

ilson projected a deficit of $33.8 billion for fiscal
1985-86, down from his original November estimate of $34.9
billion. He forecast reductions of more than $4 billion.

Consumers will pay extra taxes immediately on
cigarettes, wine, beer and other alcoholic beverages. They
will pay more for gasoline on Sept. 3 and more on July 1 for
candy, pet food, soft drinks, shampoos, soaps and energy
conservations devices and materials.

but overall

Saturday, June Lg 1985

THE KOOTENAY.COLUMBIA
CHILD CARE SOCIETY
wishes to announce its’
ANNUAL GENERAL MEETING
Mon., June 17 — 7:30 p.m.
at Hobbit Hill Children's Centre
749 - 11th Ave., Castlegar Everybody Welcome!

HOMEGOODS

FURNITURE
WAREHOUSE

Mon. - Sat., 9:30 - 5:30
China Creek

“Drive a Little to Save a Lot”

CASTLEGAR
CHRISTIAN ACADEMY

EDUCATION FOR THE WHOLE CHILD
Mental, Physical, Emotional and Spiritual
Offering full curriculum with Basic

Computer and required French.

Now taking applications for limited
enrollment for 1985/86 school year.
R.R. 1,S. 15, C.16, Castlegar, B.C.
(Old Brilliant School)

Phone 365-7818

(9 a.m, to 2:30 p.m.)

‘Datsun ti
7662.

THE
KITCHEN CORNER

* For Every Kitchen Need
* Ideal Gift items

FULL LINE OF WILTON PRODUCTS
LOCATED AT

WANETA WICKER

1458 Bay Ave., Trail 368-8512

E PAVIN
q\heniDGe -7333 a LTD,
~INPUSTERESIDENT VAL 452-7333

1 Supplies * Grading
Also Offering: Grave! + Control)
e on Spraying (Dust Cor
Compacting rucking

352-7333

How ice
2 1 Answering Serv’
pit i 2-000-332- 4475 For Free Estimates

[FALCON
PAINTING @
DECORATING

CASTLEGAR
VIN 281

AVENUE
c

365 3563

hts n Sher

hting
Stock of Lig
ccessories & Water

5 Towne Squore mall
368-5

Upstoirs in Trail’ 5302

‘beds
Bath A

Central Kooteng
Paving Ltd.

Commercial a. Residential

808 POsTILL
sais 49-6537

Carol Magow
Dianna Kootnikoft

ADVERTISING SALES

CASTLEGAR NEWS
Ca eee c.vem

OFFICE 365-5210

Lawn Mowers
LAWN-BOY. f

BEST PRICES
AROUND

LOTS OF PARTS
IN STOCK!

SHOP FOR
THE BEST TODAY!

HENNE'S MARINA

191 Columbia Ave., Castlegar

T. sealers.
dre: night | tab!

Lounge chairs ‘and pads.
Levan sk cu. ft. deep freeze.
Movie camera, screen projector,
Chest of drawers. 365-7005. 3/40
FOUR GM tires, aed Four
28, also mounted. 226
40

STATIONERY SUPPLIES
PHOTOCOPYING
WEDDING STATIONERY
GENERAL PRINTING

623 Columbia Avenue
365-6385

roar ine | rote mer, Water

Ed mobile

new tires wih 13-

ach Det Cn tims, 365-5791. 3/40

COW MANURE. No straw or

FRESH ASPARAGUS. Setclive
Forms, Creston, 8.C. 428-996!
Bring boxes. 7 5

ae)

Rates
First 10 Words $3.50
Additional Words 15¢
3 Insertions for Price of 2
7 insertions for Price of 4
Special Reduced Rates tor
13x, 18x, 26x, 52x, 104x
are Also Available

Attention Getters

256 for each time ad appears.
(Minimum charge 75¢.)

Legal Ads
Word ads: 20€ per word tor
one insertion; 15¢ per word
for subsequent consecutive
insertions. Legal boxed ods
64¢ per agote line tor one in.
sertion: 48¢ per agate line for

365-3219

ATTENTION
ASPARAGUS
LOVERS

BRANNET FARMS
is marketing

TOP QUALITY
ASPARAGUS

atthe
OASIS FARM
GRAND FORKS
Starting May 7
Place i order by
windy i508"

OASIS FARM
Hwy. 3, 2 mi. E. of GrandForks

ireorene

Sones" cen, $500. 365-2584.

> 2440
new 88D 7'%” sawcot Prot-sow,

$90. Westinghouse air con-
ditioner, $100. 365-5917. __ 3/40

Two-Gallon
PAILS
ONLY

*1.50

EACH

Heavy duty all-purpo:

Need cleaning. $1.50 each.

CASTLEGAR NEWS

197 Columbia Ave.
Castlegar

WASHER, DRYER, dishwosher
fridge, stove, TV, queen-size

i ig vond Up
ical
carton, ie

.m., weekends 11. 2 only. y, 065.
R
CRAFTSMAN power tools. Join-
ter, bandsaw, etc. Like new, 365-
5891. gal

this week!
ARMSTRONG
MOZZARELLA
CHEESE
$939
$5.27/kg Ib.

SCARDILLO

YOGURT

Assorted Flavors

250G 69°...

WHITE PASTRY

FLOUR
87¢/kg 39 4

SWISS B
VITAMINS

20% off

Only at

Mother
Nature’s

munity Newspapers Assn
offered the most compr:

we can place
blonket” classifi.

community newspapers
more than 1.5 million readers!
Call our Action Ad number, 365.
2212 tor details in/33

= QUALITY TOF SOK 9
$40 12-13. loads

inser
tions.

Payment may be made by
cash, cheque or Vise ond
MasterCard credit cords. It is
not advisable to send cosh
through the mail. Clossitied
Ads may be charged, but o $1
billing charge will be made if
the ad is not poid for seven
days after it first appears.
(This $1 charge does NOT ap
ply to Visa and MasterCard
charges.)

11 a.m. Friday

Classified Display
Ads Deadline

“Boxed Ads”
WEDNESDAY CASNEWS

10..m. Friday
Order by Mail

Print your Action Ad on a

separate piece of paper and

mail to

Action Ads
Box 3007
CASTLEGAR, B.C
VIN 3H4
The Castlegar News reserves
the right to classity ods under

appropriate headings and to
determine page location
Humen Rights Act

All advertisements such os

Help Wanted must comply

with the British Columbia

Human Rights Act. This Act

stotes no advertisement may

state or imply o preference.

limitation, or specification, on

the basis of on applicant's

jon, colour, marital

oncestry, place of

sex (unless the

matter relates to the main.

tenance of public decency

AND prior approval has been

obtoined through the Humen

stereo
Seed condition. $1500 for all or
be sold separately
3695, ask for Tammy or Don "
var

RAWLEIGH
PRODUCTS

Call Mable Soukerott
At 365-2961

INCLUDE THE PRICE: When od

vertising items for sale, it's

always advisable to state the
ice. fr

FREE ESTIMATES

Call George Ross
Shop Manager

MALONEY’S AUTO BODY — 365-2155

ALUMINUM ot > Weal tor
inexpensive rooting, siding. oF
fetion. be

used printing press
plates (.009 x24% x36 inches)
are priced as follows: One to 12
75 conte each: 13 to 24, 60 cents
each; 25 or more, Se

Apply Castlegar News “87
Columbia Ave. ‘Castlegar. iin/22

Pool & Spa Sales
and Service

BioGuard Chemicals

CALL GARY AT
VALKYR AQUATICS
+7389
nd grovel. 6

g loads, . $110.
aul Legebokott, 359-7926. Hin/ 40
BEAUMARK upright, 19 cu. ft
freezer. Two years old. $350.
3/40

‘po ae

Run your
classified word od] §
twice at regular
price and get the
third insertion

NO EXTRA
CHARGE
7 Insertions for Price of 4

yo GAS ee 135,000
wood

soskplove, cil fen’ fo
heating boiler. 365-6261 after 5
aa)

= liback bucket
ret a he cloth stripe ve $130 pa.

A em GIFT for o poem
a ook hope

SAVE $100! Pioneer GM 120 cor
stereo amplifier, $120. 365-3990.
war

AUCTION HOUSE
New & Used
Furniture for Sale

365-2456,
SPECIALS
BEEF & PORK
‘Quality Guaranteed
Sides of Lean pork
95¢ Ib. caw
Beef — A-1
Government Inspected
swes $1.72 caw
Hinos $2.19 caw
Fronts $1.49 caw

TRIPLE
D MEATS

Canyon, B.C.
Ph. 428- 5613

SUALTY TOPSOIL, and gravel.
Phone 359-7926. tin/36

SWIMMING _ POOL K
ound, 16x37, complete. Save
5.000. Do-it-yourself. Asking
{900 or consider compact car
on trade. 365-3784 or 365-5650
3/4)
USED GUNS bought and sold
Cash or trade. Wises Hordwore,
Rossland. 112-362-5171 tins 9?

Rights Branch)
A

LEAVES
BALFOUR

333333333333333

G.J. Sutherland, P. Eng.
District Hix
Ministry

MINISTRY OF
TRANSPORTATION AND HIGHWAYS

Kootenay Lake Ferries Schedule
Pacific Daylight Savings Time

The following schedule will be in effect on the
Kootenay Lake Ferries for the summer season
effective Tuesday, June 11
cluding Monday, September 23, 1985

VESSEL
M.V. Anscomb
M.V. Anscomb

M.V. Balfour
M.V. Anscomb

M v. Anscomb
M.V. Balfour
M.V. Anscomb
M.V. Anscomb
M.V. Anscomb
M.V. Anscomb
M.V. Anscomb

way Manager
Transportation and Highways
Nelson Highway District

1985, up to and in-

RENT
THIS
SPACE
365-52 10

SCREENED — to “now
ovailable. 352.6187 or 362 $00,

WATERWORLD ENTE!

lore! Uni
prices! 112-967-7608

TOP SOIL

Call

365-3315

MOVING: MUST SELL, 1976 Mon-
tego, 351 Cle .
beds (bunk) eseer, wonders
and much more. 399-4186. 3/41
SEE whot Mory Koy cosmetics
gen do ter you. Fron. 365-7857

Aluminum
Sheets
2442" x 36

75¢ Each

60¢ Each
S0¢ Each

11012
13 to 24
25 or More

CASTLEGAR NEWS
197 Columbie Avenue
Costlegor

OPENING SHORTLY

THE COURTY;,
GALLERY OF ARTS,
CRAFTS & COLLECTIONS
Downtown Squere
623 Columbia Ave.,
WANTED

focel crise ond’ crohipe nooogic.

Ceramics,

Macrame,

Salespersons to staff
gollery on a commission basis

For display only. Collections of
pins, buttons, ornaments, bot
Anything you would

share with visitors to

Gellery. ah
5:30 p.m. to 7:00 p.m., Satur
day 4:00 - 6:00 p.m. and Sun.
dey 11:00 o.m 1:00 p.m., un
til May

ALREADY OPEN

the pe Chertrerd Book and Curio

OPENING SOON

The Coffee Shop.

XEROX 4500 copier ond sorter
Excellent condition. 365-7672
365-3076 otter 5 p.m.

Phone 399-4793

MEN'S 10-speed bike. Good con-
dition. First 3130" “\kes. 365.
74av. 3/42
WATERBED Queen size. Waveless
mattress. Pine frame. Complete
$200. 365-6212. 3/42
woerven Aim ams BG <
SMALL,

Slothes will tit ['y-s-1 Fight: Con
Signment Shop 1007 tr
tin.

lottery ticket in order to win
it”

BOOKS, BOOKS,
original price.
Shop. 1007-2nd St.

BOOKS.
Consignment
42

ROI PRINTING

*

*
*
*

BROCHURES
rvee SERVICE
FLYERS
PHOTOCOPYING
800 Highway Dr.
lueberry Creek

Castlegar
Roy S. Dickie
Ph. 365

elec
ye gume p. 05-gol tidy tank. Two

jew set 1” drive

sooo wa drive socket set. One
Purox duty
welding/ cutting "ork (new).
365-34:

BABY swiny
cap, $6. 365-676)

room house, $300/month.
}, -_, ct
HOUSEKEEPING UNITS
urnished ii

365
tai
Fully
including | minor
linen,

heat Available April 1. 365-

PARK:
*, Welker $7. Hub
3/42

“tes lots
avaliable. Firet a rent free
with lease o' Gas evall-

able. Sos3363.

tn/25

Le A

tin/30

Look around, compare. We don’t think you
can beat the deals we give all the time.

1x4 FULL DIMENSION hemlock
treated against decay. ideo! for
fencing 5€/foot. 365-3226.

GARDEN storage sheds: 6x8
$395. 8x8’, $495. 365-6156. 7/42
FRIDGE $125. Kenmore mohove
mirror, $50. 365-6170. /&

"Toyota | ‘77 Blazer 4x4

V8 auto. nice
tow mileage

82 Mustang WB

6 cy! auto. ps.
MIF M cassette

4 door, 6 cyl, auto
1 owns, 56,000 km

be ef 44

cruise contro!

EXERCISE
WEDNESDAY

Ph. 365-3386

"O Reliant
4 d00r, 4 ey, auto
1 owner, 19.000 ken

"Bl Lymx SW
Pyotr
‘mat tomy cr

9008 strong vericie

"T6 Mini Home
Won comerton
S00 mites

8 Dodge 1-Ton

"O1 Chev Yo Ton

Coupe Deville, 2 600"
looks super, runs great | 1 owner, 65,000 bi

® "

2 G00r 4 cy! auto.

| & D PAVING
& SEALCOATING

© Driveway Repairs

CALL ANYTIME

365-2898

Why rent a home when you can buy one cheap?
We have 1 only 12°x54’ Trailer at Geneile.
Payments will be cheaper than most rents.

Trade-ins accepted

Financing from 9.9% for full term
Complete range of Chrysler, Dodge

and Plymouth

IN STOCK NOW

Paul’s Place Ltd.

368-8295

‘TAA

Dealer 5888