B4 CASTLEGAR NEWS, December 14, 1980 Overbooking co! By ALLAN SWIFT MONTREAL (CP) — Travellers who have booked a flight home to spend Christmas with the family beware — your plane may be overbooked. If it is, a flight attendant will politely ‘ask if there are any volunteers’ to step down and let on somebody else who feels his or her trip is more urgent than yours, But the jeunes won't in Canada this yea + end of November. was 4,400,” : said spokesman Ted Marris, and. Air Canada has spent $220,000 jand '$440,000 in compensation, But Air Canada ‘and ‘other airlines feel it is cheaper to overbook and pay . ‘compensation to the .003 per ‘cent of passengers who are bumped than it is to hold ‘seats for the regular 12 per STOCKS | REVIEW TORONTO (CP) — Prices were mixed in active trading on over-the-counter ‘stocks this past week. Among industrials, Can- -adian Gas and,Energy Fund * 'B.warrants rose 3 to $50 bid and $52 asked, Campeau Corp. 2 to $38 bid and $40 ‘asked, Breadman Inter- national 4 to $4.25 bid and “$4.75 asked, Carvern Inter- national $8 cents to $1.38 bid and $1.50 asked and Asso- ielated Recreation Corp. '& to * 1$4- bid and $4.25 asked. Superpack- Corp. fell 4 to $2.50 bid and no asking Brice. pcial ~Gomput cents to 20 cents bid | and 25 :cents asked. Among mines, Initiative iExplorations was down 2 to | :$8 bid and $9 asked, Aug- ‘mitto’ Explorations 1% to $54 bid and $5% asked, -Glencair Mining'1' to $7.bid tand $7%/s asked, Lassie Red ‘Lake Gold Mines 1 to $1.50 cent of no-shows — people who make reservations, then find they can't make the trip but don’t bother to call and cancel their tickets. PLANS OVERBOOKING Because the airlines know some of those making reservations will not show up, they often sell more tickets than there are seats on a plane, If, by chance, the normal number don't drop out, the plane is overbooked and somebody has to be bumped. “If a person shows up and the plane is full, and they have to get on for compas- sionate or grounds, we ask for volun- teers (to give up their - seats),” said Morris. “Usu- ally there is somebody will- * ing to take a later flight and pick up the compensation.” Compared with the 4,400 - bumped this year, Morris emphasized there were 1,900,000 in that same period who reserved but didn't show up for takeoff. The highest rate of no- shows is for the “briefcase trade,” such as hourly flights between Toronto and Mon- treal. Businessmen often sip book two flights in case they don't make it for the first one, : Overbooking . increases at Christmas time, as does double-booking. Morris said Montreal and Toronto resi- dents make a common prac- tice of double-booking on U.S. carriers to 6° to Florida at Christmas. . BLOCKING TRAVEL "PLANS “Unfortunately they're ‘ blocking’ travel plans for other people,” he.said. “Once an airplane takes off with an empty seat, we.lose our chance to make money on it, and someone else’can't get home for Christmas.” Morris says overbooking is an industry-wide practice around the world. For the Ist -, five years; carriers have been | comparing notes during peak travel periods such as Christ- mas to weed out reservations made in the name of someone * The Canadian dollar * con- tinued a dizzying drop to emergency tas bought tickets on. disrupted if its ‘Aight at another garter carry outa threat to | days and anes from.10. 8 from. 4:30 ‘to. 6:30 steals Friday nights from’4:30 to 9 ere on Satur- t teachers witha first-hand look : at the ; BCTF-commis- Intéfest rates disastrous to ‘businesses By THE CANADIAN PRESS i . Canadian interest rates rose to near-record levels last week and ‘business spokes- men said the consequenced could be disistrous for small and, medium-sized: busi- esses, i “Smaller businesses in VANCOUVER (CP) — Canada are being clobbered Prices were /up friday in by today’s high interest heavy, sien on the Van- 6," John Bulloch, presi- tock Exchange. Vol- of the 57,000-member. Federation of In- dependent Business, said ina news release Friday. ‘It's a tragedy. when small companies are. faced with notice after notice from the banks informing them den If the issues traded, 318 217 ‘declined and lowed’ increases announced Thursday in prime lending rates charged by 208125. ‘on 8,625 and Proflex d banks to 17 per cent front to .28 on 6,000. alltime high of 17.5 per cent bid and $2 asked and Gran- dad 1 to $7 bid and $7 asked. Change comes in mortgages VANCOUVER (CP) — The maximum house price which qualified for a gov- ernment grant’ or second mortgage will be raised to $96,000 effective -Jan.1, the housing ministry said Friday. The change affects the "$1,000 first home grant and’ the $2,500 family first home grant, previously applied, to houses costing up to $70,000, and the $5,000 B.C. second _mdrtgage, which had been for houses up to $84,000. Only those who have lived in B.C. for at least two years can make use of the grants and mortgage funds. NEW IN TOWN? LET. US PUT OUT THE MAT FOR-YOU! hg est Foes fiibet ag wer + : \ LINDA GREEN 365-6316 M, KENNEDY 365-3590 record lows Friday, falling” below the 83-cent U.S. level for the first time in almost half a century. After opening at 88.17 cents U.S. on North Ameri- can money markets, the dol- lar recovered slightly from a mid-afternoon low of 82.97 to close a fraction above the 83-cent line at 83.015 That low has been-un- matched since the currency. closed at 82.47 in April, 1983. reached December, 1931. Analysts attributed the dollar's crash to a disappoint- ing increase in the Bank of ‘Canada's lending rate Thurs- day, as well as seasonal repa- triation of capital by U.S. corporations and Canada’s continuing political squabbles 44, about energy and constitu- . tional issues. -below. The Gastl gar News Periods, for any in- convenience that velopment board, Hansa Pet- rojeum a a nicket to last April. The latest increases came in response toa jump in. the Bank of Canada’s lending « rate to 16.14 per cent, a rise of 1.38 percentage points and only fractionally below the “record high of 16.2 per cent in : April. Charles Garneau, an economist with the Canadian Manufacturers’ Association, . said the high rates are “tough for all manufacturers, espec- ially the smaller ones because they rely more heavily on debt.” Bulloch called for the federal government to ex- tend for one year its small: besiness development bond rogram, which provided Tow interest loans for amaller firms. In the budget of Oct. oe the cut-off date for the rogram was moved to March 1, 1981, from Dee. 31, gait 25 es 119,800. Golex-Resource war- rants -wére up-.04 to .14 on 144,600 a and Zenore Resource socieea yen ap 65 ¢0 $0.00 cm 47,190. Patmiar Resources a nickel to $1.05 on 00 and Eldorado Minerals ave caused. Castleaird Plaza Player and regular Choose a Gift this Christmas that is 1-of-a-kind and WILL NEVER DEPRECIATE IN VALUE With over 8,000 — - sq. ft. of - showroom space, we have a lot to choose from! pianos, organs, roll top desks, dolls and carriages, China and much, much more! TOP: One of 12 Dining Room Suites _ CENTRE: * "One of 10. ' Bedroom Suites _ BOTTOM: One of 4 Chesterfield Suites "YES TERDAY'S TREASURES 601 Front St., Nelson © 352. 7109 your? a SANTOrey Christin aS © “Store We reserve the right to substitute albun + Free Album for anyone shopping in the store after 6:00 p.m. dressed in bedtime attire. .(Must be age 16 or: over.) Enqune ot General Othice Free Draw for aL Black & White TY. 2 | Contest Barrel in T.V./Stereo Dept. ae | Draw at 11:30 p.m. . ri RLY SPECIALS a 9:30 A. M. DOOR OPENING SPECIALS MENS' DS on Original Price } (288 sifeeaty Limit 6 pair per customer DRESS SOCKS LADIES BRACELETS 9* ... 9° Original Price 1.19 - , Original P (200 offered) q] limit 4 per customer Limit 3 per TEA TOWELS 50 offered) . PREMIER YARN &... Origenal Price 996 (200 offered) limit 4 per customer each rice-696 customer 10-11 A.M. PANTY HOSE Cameo} Reg. 4.25.0... (200 offered) Limit 4 per customer NUTCHOS Reg. 2.94 11-12 NOON 7 99 ‘Limit 2 per customer. each (106 offered) CORD PANTS Ladies. Culottier. Cream) Reg. to 33.00... 12-1°P.M. (Ziggys. Howick, Le - (103 offered) Limit 2 pair per customer B Christmas Tree. 1-2P.M. 19° Limit 3 per customer ORNAMENTS {Asseried.) Reg. t0 1.69 ..........65. (150 offered) PLACEMATS {Laminated plastic.) SQ ecsasranese sic omens sein hese ass salle ot Reg. 1. 2-3P.M. Cc (200 offered) Limit 4 per customer Reg 103.50 ..... . 3-4P.M. OFFEE MUGS (200 offered) Lisnit 4 per customer 4.5 P.M. | FACECLOTHS patiy 4 (4 ina pack.) (134 offered) Limit 2 packs per customer SWEATERS Mens’. wear.) 3-6P.M. {Seconds - will rot ied Reg. to 40.00 (160 offered) _ Limit 2 per customer 799 SKISOCKS | 6-7P.M. (100 offered) ‘Limit 2 pair per customer 7-8P.M. JOCKEY BRIEFS — (Reg Rise.) (Seconds --will not - affoct wear. PRBQ. 2129 oo, os eas eoch™™ (107 offered) Limit 2 pair per customer PULLOVERS Ladies Assorted. (V-neck and Turtleneck.} Reg. to 12.99...,. 8-9P.M. 99 (100 offered)’ Limit 2 per customer MEN'S SOCKS er Grenadier. (60% Wool, 35%. Nyion ve 52o Spandex.) Reg. 3/4.99 . 9-1GP.M. - each (232 offered) Limit 4 pair per customer 10-171 P.M. LADIES BLOUSES (Baymart) Reg. 8.99...... 1 Pang snsen sarge Whee encale i (80 offered) Limit 2 per customer BIG BLUE SEANS (Seconds - Will not affect wear.} Reg. 16.99 (100 offered) -12MIDNITE ~ “Limit 2 pair per customer Personal Shopping only, quantities limited, may be brokensizes or discontinued lines on sale for one hour only or while quantities last. Many other non-advertised specials at the Bay, Trail. ‘Dndsons Bay Compan: