SS Castlegar News _ october2, 1985 c2 BUSINESS MUST SELL OWNERS TRANSFERRED And must sell this nicely decorated, three bedroom, 2 bath, family home completely finished on both floors. This property is located at 644 - 5th Avenue in North Castlegar. Home-reduced for quick sale to only $59,900. For more in- formation CONTACT GLEN WILSON Century 21 Mountainview Agencies Ltd. HOME: 365-3407 — OFFICE: 365-2111 > bankers who are’carrying hundreds of millions of dollars : bankers say. Loans in West a problem for banks VANCOUVER (CP) — The West is still a plague for worth of troubled loans on their books, but the banks say the” worst is over. 5 A ‘The problem loan portfolios are gradually being reduced to be i d +h the region “We're making progress,” said William McIntosh, senior vice-president of the Toronto Dominion Bank's Pacific region. “It's slower than we anticipated but we're getting there.” s Banks have several non-performing loans, ranging from a rescheduling of loan payments to writing off a bad loan altogether. Rearranging loan payments doesn't guarantee the bank will get all its money back, bankers say, but it is better than nothing. The Royal Bank of Canada’s heavy exposure to. non-performing loans in British Columbia and Alberta was cited_as_a-major factor in Dominion Bond Rating Service's recent decision to lower the bank's credit rating. The bank revealed in its 1984 annual report that those MAKE AN OFFER WILL TRADE FOR MOBILE HOME - On this nearly new quality constructed 4 bedroom home, located at 3600 - 4th Avenue. in South Castlegar. Wooden framed, twin seal windows, fireplace and shower in master bedroom ensuite are just a few features. Some appliances also included. (Owners may be in- terested in trading for mobile home. Priced to sell at $69,900. CONTACT GLEN WILSON Century 21 Mountainview Agencies Ltd. HOME: 365-3407 OFFICE: 365-2111 two for 77 per cent of its non-performing Canadian loans — $522 million in British Columbia and $567 million in Alberta. The Toronto Dominion reported last’ year that more than three-quarters of its $962 million of problem Canadian loans were in the two western-most provinces. “BANKS IN SAME BOAT The other major Canadian chartered banks don’t report on the regional br of their ing loans but Bill Spence, Canadian Imperial Bank of Commerce senior vice-president, said the figures are likely similar at all the five biggest banks. “It’s no secret that other banks have had a similar experience as the Royal where loan losses are heavier in the West than in other parts-of, Canada,” Spence said. The Royal Bank cut its problem loans in British Columbia last year by $105 million — to $522 million from $627 million in 1983 — and spokesman Peg Byars said the bank expects to reduce the figure again this year. Byars said several factors have come into play in reducing the Royal's problem loan portfolio — including writeoffs, improved business conditions that have allowed some clients to repay their loans and cash injections from the bank to improve some companies’ long-term position. Bank of Montreal spokesman Don Peacock said the - recession created problems for the bank in British Columbia, but they haven't been “enormous.” The Bank of British Columbia's non-performing loan portfolio now is low when compared with other banks — $57 million out of a total of about $2.5 billion in loans. But that was achieved only after the bank came close to collapse last year and absorbed a $45-million loss by selling a $110-million package of problem loans to an Alberta company for $65 million. The sale was necessary for the bank to solve its financial problems. options when dealing with - visit TO VANCOUVER . . Castlegar’s Mayor Moore takes a break from the Union of B.C. Municipalities conference to visit the B.C. pavilion at Expo 86 with Don Phillips, minister of international trade and in- Bike industry suffers By FLORIS van STRAATEN BONN (REUTER) — A wooden bicycle with a one- cylinder engine strapped un- der its seat rattled through a village in southwest Ger- many 100 years ago. It was the world’s first motorcycle. But a century after engin- eer Gottlieb Daimler took out a patent on “a vehicle with a gas or gasoline engine,” the motorcycle industry in the country that invented the machine is just a shadow of its former self. West German motorcycles have long lost their predom- inance even at home, where The only West German firm in good health is BMW, which has traditionally spec- ialized in heavy machines. ‘The Bavarian company show- ed its self-confidence this fall by launching a new model — the three-cylinder K-75. BMW is expecting a nine- per-cent rise in output this year. “Given a 12-per-cent de- cline on the world market, we can be proud of this result,” said a BMW spokesman. Two major factors contri- buted to a decline of the in- dustry in the 1950s — a shift to cars and competition from industry reached new peaks. In 1955, a record 2.2 million machines were on the roads in West Germany alone. BOOM DIES ‘The boom did not last long, however, and ironically it was greater prosperity that dealt the motorcycle industry an almost lethal blow. People who had depended on two- wheeled transport gradually found they could afford cars. By 1962, the number of motorcycles in West Ger- many dipped below one mil- lion. Originally a means of mass transport for the working plaything for youngsters seeking the thrill of speed. The Japanese, whose prod- ucts were cheaper than those of their West German com- petitors, were quicker to realize the shift in the market and adjust their sales strat- 2 BY ‘After long years of decline, however, the Cycle and Mo- torcycle Industry Association sees a glimmer of hope. “In this centenary year, the total number of motor- cycles in West Germany will exceed the one million figure for the first time since 1961,” spokesman Heinrich Keim LIFESTYLES re bi) > 5 October 2, 1985. Castlegar News c3 Compan “ ByBARBARA WICKENS — TORONTO (GP)'— Bouquets of roses — one for each of four staff members whe recently had a birthday — antiques, * polished hardwood floors and daylight streaming through windows all indicate Sally Fourmy does not preside over thé average garment~factory. Fourmy - herself looks -coolly d. ie beig striped two-p and London, with a different look rather than pi same uniform throughout the chai George Cohon, president of McDonald's, also had Praise ‘same look. ymakes the uniforms i or clothes needed for new staff for the designer: “She has done a great job for us. She is extremely innovative.” during the three years the client is likely to stay with the STAFF HAVE INPUT In the case of a new venture — such as Boston's Her most recent projects for, McDonald's include nayy Ritz-Carlton hotel, which she recently outfitted — she has to designers, itis one of her own creations. What is surprisng is white jacket he wore. at the opening,” Cohon said. ‘that the company product is uniforms. Actually, Sally Fourmy and Associates Ltd. does not bill itself as a uniform maker. As ‘corporate fashion consultants,” the firm advised companiés on how. their employees should look and then supplies the garments. * It has made Fourmy a quiet Canadian success story. In = ional elegant in a_ silky,;. and white suits worn by managers at 480 restaurants across design for a staff not yet hired. That means she has no dress. As is usual among Canada and garments for the new head office, including the information on sizes t 3 needed. “Then we usually try for a profile of the city Fourmy offers no little booklets with predetermined population.” styles. Instead, she starts from scratch, often working with interior designers to complement ‘colors and even the acceptance of the outfits. She tries to ensure her designs will atmosphere of a room and then adds her own touches. 2 “It is always interesting to see how far you can take asin the case of the hotel where she produced 140 designs to fashion into corporate apparel,” she said in an interview. seven years, she has attracted an imp ni list of clients that includes such_companies as Four Seasons Hotels Ltd., McDonald's Restaurants of Canada Ltd., Eastern Provincial Airways Ltd. and Estee Lauder Cosmetics Ltd. chairman of Four Seasons Hotels who has used Fourmy's services since she set up shop. “She understands ‘our industry and its needs.” Thi: taking into account how full a sleeve can be The-ultimate hurdle Fourmy faces is employee suit a wide variety of body shapes. This can be a tall order, attire everyone from the assistant manager to cleaning staff. Sharpe said his hotel employees are not asked about the —j for a waitress or what hem length will appeal to the greatest esthetics of the uniforms but when they make practical number of employees, whose tastes may range from suggestions, like the placement 6f a pocket, Fourmy listens. conservative to high fashion. Cohon said his employees are happy with Fourmy’s There are other requirements in her line of work that work, describing the garments as comfortable and durable. “She is very good,” says Isadore Sharpe, founder and designers for the general public do not have, but she says And the public has commented on them too, saying they look she sees these more as challenges than restrictions. - “All the variables are magnified,” she says. “It's much She explains garments must survive at least 12 months of constant wear. She only occasionally uses fabrics hosiery to wear with an outfit. She has even worked with a Furs,. feathers for winter ~ By SUZY PATTERSON PARIS (AP) — Runways teemed with dazzling, sexy clothes, custom-made for a remme fatale, as paradés -of Paris haute couture for winter 1985 wound up ‘in an extravaganza of rich fabrics, feathers and furs. Hemlines may be either’ very long or short, but bodies are moulded into hourglass figures with tiny waists, shaped shoulders and flared hemlines’on the longer suits and redingote coats. Short skirts are usually narrow, draped and clinging. A-few couturiers showed trouser suits — excellent at both Guy Laroche and Yves Saint Laurent, whose bolero toppers with pointed collars are cut to perfection. Flirtatious cocktail dresses or suits with jackets are also a hot Paris item in myriad versions, after years of neglect. : Wealthy women attending the shows had only one problem: which party outfit to choose from, among the hundreds of opulent models offered. The daring dresser.will try a loud scheme of mixed satin prints and velvet, tightly draped around the bottom, as at Ungaro. Another version might be’ a fitted black velvet and taffeta dress shown by Louis Feraud. It has a bodice slashed to the tiny waist, a puffy Chinese-lantern skirt revealing the knee. JACKET SUPERB milled for Barbeque for balconies TORONTO (CP) — Be- cause fire regulations pro- hibit the use of barbecues on balconies, apartment dwell- _ers have been denied the joys of a “backyard” barbecue. Now, however, the Cana- dian Standards Association has certified an electric bar- becue designed for indoor or outdoor use. The Multi-Chef is classified as an electric indoor grill and can be used to prepare steaks, chops or burgers. It is best used on a patio or bal- cony but can be used indoors on a stove top under an ex- haust fan. the ‘control about 80 per cent of the market. “The birthday boy is a little under the weather,” quipped, a speaker at. the opening of an exhibition ing- the motor- Givenchy’s dressy day wear and evening cocktail the Suzuki, asaki. When the motorcycle made its debut, Daimler’s com- patriots made fun of the takers" Honda; Yamaha and Kaw- cycle’s centenary in Munich this summer. king, stinking vehicle and it was rumored that drivers could explode if they elas, “it became chiefly 1 ‘said“in-an intervie Apple has problems In 1955, there were still 30 prospering motorcycle com-— drivin} panies in West Germany; only two major manufactur- opened their mouths when The Germans nevertheless ‘started large-scale produc- tion well hefore—the—First Fr g what of dit action to take a oh work station for against chair- universities that would be— 4 icy SAN FRANCISCO (AP) Jobs apparently p for pple Computer new company to build a is ‘suits had a superb jacket with a zig-zag pointed front and basque effect at the nipped waist. He elevated humble jérsey into a noble fabric in draped and fitted bicolored models, with shades of green, hot pink, royal or periwinkle blue. The ultimate in long, voluminous luxury clothes was shown by Jean-Louis Scherrer. His. sumptuous ivory, hite and black-outfits flaunted the wearer's wealth, and 7 often trailed_yards of lynx,fox-and sable. e Furs and feathers — usually, fluffy dyed ostrich — topped many of the coururiers’ hip-draped or_sashed dresses -in_black—or—hot—colors, to_add_ the luxury. winter-resort—touch: The f 4 There-are-no-coals-and-no- fuels that could produce car- bon monoxide. It has a 1,500- watt element so other ap- pliances should not be plug- ged into the circuit at the same time. Prices_vary from—$100—% $200, depending on the size of the model. so she tests those ii crisp and.neat, he added. Fourmy, who Ps planning RANK’S Castlegar — ’ SHARPENING FLEA service || MARKET CASTLEGAR, B.C. (Behind Castle Theatre”) Every 5 5 Saturday For oll of sho le ieng. chansons comee |] & Sunday |. shears, etc! 9a.m. to3 p.m. PROMPT Next to Wizard's Palace SERVICE 1003 - 2nd Street. 365-7395 Labo renyien) Ph. 365-3237 i) BACKING INDEPENDENT BUSINESS y , } 1) 4 Alf Janes, a representative of the Bank will be in CASTLEGAR on October 9, 1985 to discuss your busi * fii ial and needs. Why at 426-7241 (collect) to arrange not call us today offers an ? for general use to see how they stand up. Because she works with fashion fabrics available only for a limited time, Fourmy estimates how much to buy for doormen. i + pany to do for female staff. In addition to employing a staff of 16, Fourmy contracts out some work, such as supplying fur coats for some hotel WE to the LCOME Federal Business Banque fédérale Development Bank de développement peer iach t Canada ®@ ] Tey GRAND OPENING | OCTOBER IS TRUCK . MONTH AT MALONEY PONTIAC BUICK GMC LTD. AND WE HAVE THE BEST SELECTION OF NEW AND USED. TRUCKS IN THE KOOTENAYS! 0 FULLTERM e 0 FINANCING AVAILABLE THIS IS A LIMITED TIME OFFER! OL. 5058 toren Werke (BMW) and World War, while abroad fa- Jobs, who intends to hire ~The atter-has-been—mous—firms—emerged like sway five- powerful-th y personal computers, th _8 PASSENGER ROOM CS GMC SAFARI TO QUALIFIED BUYERS” OF SELECTED TRUCK LINES. MALONEY PONTIAC BUICK GMC LTD. “Your Kootenay GM Truck Leader’ 365-2155 1700 Columbia Ave., Castlegar 364-0213 forced——to— cir drastically: ‘Zuendapp, one 6! os dustry’s flagships, went bust last year. Its production lines were bought by Peking, which took them back to China. ——In_ the ugias—z pi Britain-and-Harley Davidson est motorcycle firm still in production. inter-war. years, motorcycles still outnumber- ed cars and after 1945 the Visit Jasper for the 100th anniversary of ‘ Canada’s National Parks “managers —to—begin—a—new— computer venti Jobs, “who with Steve {fas the-softest3 patterned sill with 3 ered_jacquard-3 —prints-for-attention: Black velvet-made-a great cocktail éffect combined with satin-and-faitte-or moire — ing jn pastel shades for next winter. The board will “talk about reining in, deposing or pos- sibly even suing” Jobs, said the San Francisco Chronicle. for dir VANCOUVER (CP) There may be as many as 4,000 corporate directors in British Columbia who don't really know what they're doing, says the U.S. super- intendent of brokers. So Rupert Bullock is going to teach them. He has set up a course for corporate directors who are unaware of their legal liabil- ities and responsibilities un- der the B.C. ities Act. Wozniak started the com- pany in a garage nine years ago, remains Apple's largest shareholder. Course set up ectors “They just don't know what they're getting into.” There are 2,500 reporting companies in Vancouver (about 1,750 listed on the Vancouver Stock Exchange) with at least three directors each. Of the 7,500 directors in those companies about half don't fully understand their responsibilities, he said. Bullock said the problem of i di has be- They aren't aware of such requirements as filing finan- cial statements and insider trading reports, said Bullock. They are also often unaware of their ial liabilities if” come a more serious problem since 1983 when a “prolifer- ation” of new. VSE listings brought a number of. people to boards like teachers and Reserve now to avoid disappointment. ~Mailing address for both hotels: P.O. Box 850, Jasper, Alta. TOE 1E0 On Floor our New Hardwood Per Month (pepe TANNING BED 1 Sessions — $4? 20 Sessions — $79 BURNS GYM 365-3434 5 FITNESS CENTRE : who the company gets in trouble’ were inexperienced in- the ~and-is~sued;he said. stock market. 2 Cotse cabin t phonaa SA eos bane TV. Start Your Fitness Program! © Excellent dining in the radio and phone ~ Amethyst Room © Tavern with name- ere © Licenced lounge: band live entertainment PECIAL MEMBERSHIP. RATES \22 outdoor jacuzzi * Attractive rates for