BUSINESS

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? iit Ey fi, ; o x 5 ‘ In The Vancouver Province
iy sat HI F - . ™ ‘Mine-watchers can ¢ to see a more aggressive
ae hvstl Lear rill panFEe HE i i li \ a a ae next year,” Robert Hall-

after
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' al Pie il MU EE ihe Tel ) ae pect
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zine-lead deposit in Alaska and the Hellyer zine property in
In & Speech earlier this year, Teck Corp. president

iti
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h ae fet PEPE, f mle dpe the decision to buy control fo the zine-lead producer was not own
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TH Hare ‘ ts util ear, because the trick was to make a silk purse out of it,

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Hallbaver said. It also means further sharpening of corp-
H orate efficiency, an active exploration program and pushing
ahead with development of two future mines — the Red Dog

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nil 1 an easy one, given the company’s huge debt load and
ij ff ne tl i i “ financial losses in recent years,
“a

i it i3 me “We code-named the acquisition Project SE, for sow’s

Hie it re i ef d EEN dit of $008 milion st Sept. £0, 1908, bad bows Ralved to
? vik BF9 bead HELPING OUT . . . Bert Lamb (lett), customer service Nielsen, of the Castlegar United Way, with @ cheque | $18 million by the end of September this year.
representative for IBM Canada, and Peter Smolik for $4,600 which will be used to help purchase a com- bys
(centre), IBM Canada field manager, present Dale puter for United Way. —Casbtews Prowo Of Faising new equity capital and selling off some of the
company’s long-held assets,

‘Asset sales have included the controversial disposal of

West Kootenay Power and Light Co. Ltd. for $80 million to
an American firm, UtiliCorp Inc. The sale was approved by

Weeklies bought out the fedora] and provincial governments, but was opposed by

Also put on the block were some of Cominco's U.S.
fertilizer operations, and in addition the company shut down
some of its Canadian plants.

Hallbauer said Cominco has been trying to sell more
assets in the chemicals and fertilizers division, but hasn't

a iT ie
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The summer takeover of Alberta for decades, even Parklander, the Camrose Ont., which already has a ansapectaah dubaae . pte sore

the Banff Crag and Canyon though chains inject a mea- Canadian, the large week! im and
aid the Canmece Lander by sure. of soosntle Otabllity Tiees, the. Ghacweed Peck cccoad Edenton, le aid to fertilizers altogether.” he aie oe don't west bale had
Black Tusk Holdings of Van- inte tbe meshing. News and the Fort Sask- be interested in penetrating eventos net out; if we can make money
couver, along with reports- “! the independent atchewan Record. the Calgary market, current-
that Calgary-area newspaper serves the com- His brother Howard ly dominated by the Calgary yy 5 eo oe seme improvement is being seen in the
weeklies are planning a — pola vere caine the Bowes, owner of Leduc-based - Herald's Neighbors tabloid lustry, if you have demonstrated success
ger, underscore the consoli- owner lives inthe community Lynard Publishers, has also and the Calgary Sun's North Canadian
dation trend. and has a stake in the com- built up a stable of weeklies and South Side Mirrors. ante Penn ctor aaed added. for new ohalleng and oe looking
The seven are the Strath- munity,” he said. — the Stony Plain Reporter,  Netmar is affiliated with . quarter me Comelnc rAd setters edioess ig
more Standard, the Okotoks “Alberta is one of the last the Whitecourt Star, the the London Free Press and *°smen' woce Wiruer nthe ee poring t ori d and p 1M with @
Western Wheel, the Okotoks- strongholds of the indepen- | Drayton Valley Western Re- puts out the weekly Edmon- illlion ithe lene roy “ih irae Fecorded to in the
based Eagleview Post and dent newspaper, but I know view, the Spruce Grove Ex- ton Examiners and shopper °” Operating loss o! $3.9 million, against the year-earlier loss financial Services industry; and
Jack Tennant's group, the this is changing as people aminer, the Leduc Repre- tabloids in St. Albert. have completed the Canadian
Airdrie Echo, Cochrane This reach retirement age and i Oe Ee yy - “ ay urities ooarée, pleas
Week, the Rockyview Times have no family to pass the : CLOSED i send
and the Didsbury-based paper on to,” Merrell said. Great Christmas Gift. . . (As MON., DEC. 21 UNTIL complete resume and letter of
Chronicle. - The consolidation trend is ° ° : AFTER THE NEW YEAR! application to:
Black Tusk, which owns further advanced in central Genuine Sheepskin m & From the Manogement

the weekly in Whistler, B.C., ang northern areas of the

y and Staff of The Manager

apts ag i : sisi ff ig i clgulile iH tH ig ita aii neu hau ear Hoge soe 2 por ng ni "howe Publishers lad of neve aoe COVOTS $79.95 = ' - ea mn: po orate laa
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i H i HE e talked to them,” said dsities is Fort McMurray an fad MMULTIFIT SLIPCOVERS Reg. $124.95 ........56.- $109.95 Was, es " B.C.
lag HH Melson,
HB [} *§ ui! i uy ‘A ee Ba if Hui H : RHE i tle Fi te i

4 alt fell vt Mt ae ull, a former Grand Prairie and publica- Offer
i] 5 fisss e £390! atee! yoery rs 8 yer: 2 ze
ee it i Ma ii belly mE Tea ile ie jie ill ALE fi
i

garian who is president of {one in BC. and Ontario — . é stot VIL 4u8
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Hane a i ee af fig ae A Tit ie tn a han . if a ies di, ie we, ee, soar
aed Hd eli a mn dat wile pte VER Lethbridge Mayer Davi

Also Changing hands this erta, weeklies.
-MERRY CHRISTMAS-MERRY CHRISTMAS-MERRY CHRISTMAS-MERRY CHRISTMAS-
ai ee i]
tit :
ty iil ist ‘+ et i fit a te ; 4aef 7 Carpenter, a part-owner of

summer were the Taber
the Ad-Viser, a twice-mon-

CALGARY (CP) — The era He is disconcerted about During the last several sentative, the Mayerthrope
of the independent weekly the shift away from indepen- years owner Jim Bowes has Freelancer and the Evans-
newspaper in Alberta may be dent’ ownership of news- acquired the Peace River burg Poplar Press.
coming to an end. papers that has prevailed in Record-Gazette, the Hinton Netmar Inc. of London,

fin! ? i! fist ED

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0¢ sequieeg ‘Aopseupeyy 04 yBnosys 97 sequieseg ‘Aopsunyy,

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Times, the Vauxhall Advance
and the Sunny South News in
Coaldale.

The three south-central

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04 yBnosys 97 J0q)

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May each day of this special holiday season be filled with
magical and ext for all! We'd like to
take this time fo antand our best wishes and thanks

Merry Christmas from the staff of Castlegar News

Tete z . thly farm publication.
~ Although his plans haven't
jeeey HE rae sae gss Ht § He 5° been firmed up, C nier

pie i rity i Ane! ane j ini i AH sagt; ini i fi i Hii Oui bean firmed on, Dexvenise
a eu

iil e-e8 vam if Sieg

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be forthcoming.

iu r Dennis Merrell, executive

if i es i director of the Edmonton-
ut fFso HE based Alberta Weekly News-

‘reoney
mn 9 sce

i

fie id i i i ii i! Hike

a aie :
i re i By i

papers Association, said
g more member papers are

independently owned, Mer-

rell said, compared with Bri-
Ny H] HT sf tish Columbia where three

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EOSHEyS inet grate Pasa ibattsist ere pl an pie sare i seseree " f | grass coming under chain owner
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BPo g8$= 85

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companies control about 75

per cent of community pap-
aie mm i he esmertter see aul eae ™ Raymond & Muriel Hea Elsie Nevakshonoff
at ie : i tfaellit f, qi ni ey ny ca rf orceernce ]}  Ravhitcytonnt, iinet
i hi tall me if Fit dill eked! | PE ra
= Castlegar Savings Credit Union Slim & Annie Koochin Katelyn Merritt
= ccc eerie,
Feat 28 Hi P| lint tt Ri ifensenyy il A Wolter & Elsie Loktin Tom & Lolme Alli
Mie Ht HE i i ne iit ut i aren yee ‘
Mrs. Ester & Bob Cowlin Wall & Virginia Walper

FOR RENT Ruth & Arthur Konkin & Elliott Brown
i clit Fy : ;
Hi Hu fi ii [F spit i if For Weak of Dee 1-24 Hal & Fay Belbeck
seus # ide it Hy fi oy
Mike, Mabel & Rick Bondaroff Fred, Verna & Cynthia Pudmorett

Pauline Corbett & Family Bill & Ivy Salekin
ile H allt wl ft The fohowng lett ore Bob, Pot & though Keller William & Noncy Jmieff
—Megablocks
Hn Me UHUTESH Mw peran Hit er EHF sictet apeet et : Bea Wren, fray Ramey Jos bach afioe
se tial oH fi HT Ui i ghee? i fil Poui & Laura Samsonolf Roy & Catrina Ward

LE

as
‘eames cu6en peddeupny

aden aiid Mr. & Mrs. Alex Ferworn Keith, Jean, Tory, Kyle &

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Hi Nie 5 He eh Les & Justine Buffett Larry, Noelia & Rochelle

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We wish to extend our warm and sincere
in 6. . ; appreciation to all those who gave so generously!

i ' ae | ote KOOTENAY SOCIETY FOR HANDICAPPED

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