generally Cavpershs lnaieae cf banks bad been bumping alang at $81 billion until August, when it began a rapid ascent te $84 billion in October, bankers who had seen no growth in this sector since mid-1983. The annualized rates of increase during the two months soared from almost nothing to more than 20 per cent. But in November, the rise stalled, and now bankers What is even more distressing for analysts is that the prime rate reduction to 12 per cent in November failed to spur demand for money by Canada’s corpor- ations. “It’s interesting that despite the cut in the prime, you have business loan demand going nowhere,” said Sherry Atkinson, an economist at Burns Fry Ltd. of Toronto, Another explanation for the jut money market interest rates fell, in, ti October period, leading many company treagurers'to use banks to meet borrowing needs itt the hope of locking in even lower borrowing rates later, When rates decline and there are predictions of even further drops, it makes sense for companies to shift borrowings based on guesses about the future direction of rates. Most corporations have this flexibility because they can borrow directly in the wholesale money market or raise funds through their lines of etedit at banks. Even though corporate loan demand has picked up, only to sputter again, there are predictions that lending will be higher in 1985 than this year. “I think that we're going to see some continuing growth in loan demand,” said Bederman, although he conceded the figure would be in the “single digits.” Atkinson said corporate loan demand growth will pick up from a rate of about four per cent to between five and eight per cent in 19865. Although the projections for business needs are low, other types of borrowing at banks have remained brisk. Surviving in By KEN SMITH The Canadian Press If you asked a lot of money experts what you should be doing in these,still-dicey days to try to keep a firm financial footing, they'd probably sug- gest, “Be business-like,” or words to that effect. That's because, whether you're trying to finance a family or a corporation, there are a few basic rules you're supposed to follow to keep out of trouble. You should, for example, always know how much money you have on hand or expect in the near future, and what you owe. Work from a budget so you don't bite off more than you can chew. Don't let your enthusiasm for buying some- thing new get you into debt you can't handle. Keep something in reserve to meet emergencies. BE ORGANIZED In other words, handling finances, whether for your family or a business, is just a matter of being well organ ized. There's a certain surface logic to comparing the finan- cial operations of a family and a company. In these days of unem. ployment that affects almost 1.5 million Canadians, high interest rates and general uncertainty about whether economic recovery from the tough 1981-82 recession can be sustained next year, any guidelines that might help a family keep afloat are wel come. Like any comparison, how. ever, it can be carried too far. Businessmen haven't always covered themselves with glory in recent years. In 1982, for example, when the latest recession was at its worst, 84,000 small busi- nesses closed their doors permanently, says the Cana dian Federation of Indepen. dent Business. Last year, the total was 64,000 an improvement, but still a sorry record. ADAPT IDEAS The first edition of a new publication by the Bank of Montreal offers some basic is the key to survival. It’s pretty hard to challenge that, whether you're running a business or a family. There isn't much a busi- ness or an individual family can do about government legislation or ies, or major economic develop- ments such as unemploy- ment, interest rates and international trends. Both can, however, identi fy problems created by these apparently overwhelming trends and work toward at least neutralizing them. There are some other tricks you can adapt from Cominco to sell common shares Comineo Ltd. has an nounced that it is filing a preliminary short form pros pectus with the securities regulatory authorities in Canada covering the sale of additional common shares. Total proceeds of the offer ing are expected to be ap- proximately $20 million. The offering will be by way of an initial sale to specified purchasers of common shares and share purchase tax cred- its and a subsequent resale of tough times good business management to help you handle your fam ily’s money more efficiently One technique is to look into the possibility of renting or leasing. Most families think of leas. Take the money you would have spent on buying that power saw and put it,into a bank where it will earn interest for you. move. Later in the day; couneil here was urged by one of its members to join the campaign against the PWA move, which could eventually cost the municipality adjacent to Vancouver 1,000 jobs. In late October, PWA officials informed employees that many of their jobs were being moved to Calgary where a major new maintenance centre is to be completed by August. Vancouver machinists with less than 12 years seniority with PWA have to decide whether they wish to relocate in Calgary or quit the company. But more than 1,000 jobs may eventually be lost in the transfer and the relocations will cause “serious economic impact” on Richmond, according to a report to council Monday by Ald. Bob McGrath. PRESIDENT HERE Schira said Monday's demonstration was held because company president Rhys Eyton was in town. McGrath's report said “studies are under way regarding the move of pilots and flights attendants, the purchasing department and printing shop. Employees fear that over 1,000 will eventually be relocated.” This will have a serious economic impact on Richmond, where 45 per cent of the employees live. Almost all of those residents do their grocery shopping in the municipality while 77 per cent made their last major purchase there and 50 per cent purchased their last car there, McGrath said. McGrath asked council to call on the support of Industry Minister Don Phillips, Transport Minister Alex Fraser, and Richmond MLS Jim Nielsen to pressure the Alberta government to stop the moves. Although the Alberta government no longer owns the Airline, which was recently sold to several thousand investors in Western Canada, McGrath feels the govern- ment may be able to influence the company. $112,000. CALL TODAY TO ARRANGE VIEWING DAVID DANIEL 21, Mountainview Agencies Ltd. Office 365-2111 Res. 365-6892 ing only when they're con sidering a new car,and they weigh the advantages of s lease against purchase. But other occasions can arise. Suppose, for example, you want to install a cedar patio in your backyard. It would be nice to go out and buy a lot of expensive equipment that will make the job easier, but do you really need to? ISCOVERY the common shares to the public in Canada. Wood Gundy Inc., Domin. ion Securities Pitfield Lim ited and McLeod Young Weir Limited have been engaged to carry out the distribution. Cominco is also planning to sell additional common shares in 1985 to provide for a flow-through of an ag. gregate of approximately $20 million of Canadian explor ation expenses and scientific research credits. tips for pe busi nessmen. Several ideas in Independent Business Review can be adapted for household use. First, the review states Wed. Dec. 26 Closed that good cash . Give someone you love the Christmas gift that goes on giving GIVE A SELKIRK COLLEGE FITNESS / ACTIVITY PASS SALE PRICES Levey! ELECTRIC POWER SHOVEL a $] 44 to as Powered Available at Sale Prices SNOWBLOWER REPAIRS All Makes & models % OFF with B&S and Tecumseh Engines ALL PARTS HENNE’'S MARINA Castlegar 365-3219 ELECTRIC FOOD SLIGER, $70: TOYOTA CAR radio $40. 1964 $25; men's shoes, Toyota truck rim, $25. 365-6585. no alan i, $35; floey polisher — 3/100 $20; imitation 6x3 Sears Pooltable and ac cos: 365-2609 3/100 SPECIALS BEEF & PORK “Quality Guaranteed Sides of Lean pork $1.09 Ib. caw Beet — A-1 Government swes $1.55 caw ninos $ 1.89 caw Fronts $ 1.35 caw (Weigh! lous in cutting, boning ond trimming will increase price pe b TRIPLE “MOTHER ATURE’ © < c. Ph. 428-5613 PHOTOGRAPHIC ENLARGER electronic tlash ox LOG HOUSE Shell STYLE, 28°940', Will ssi setting =F $5.000. 0.8.0. 365-804) 359 Aluminum Sheets 242" x36 Tto 12 13 to 24 25 or More 75¢ Each 60¢ Each 50€ Each CASTLEGAR NEWS 197 Columbio Avenue Castlegar 30” MOFFAT stove. Excellent condition. Harvest yellow. 365 3873, ARISTOCRAT asking $1 WEAL Christmas Gift io = special girl in your lite. Beautitul laminated cedor chests now CROSSROADS eon § = JANITOR SERVICE ing “too expensive? You may be surprised! CALL FOR FREE ESTIMATE * Daily * Weekly * Monthly COMMERCIAL — RESIDENTIAL 365-6093 auto washer 4439 920 Columbia Ave. (Across from Old Arena) FIREPLACE INSERT, gloss doors fon, double skinned firebo Good condition $250. 365-3205 399 ASK ME about Mary Ko Cosmetics. Fron. 365-7857, 7/99 OKANAGAN 13% Travel Trailer, $3500. 1976 Moverich 1976 Ford '4-ton 365-3531 9 RUSSELL AUCTION HOUSE New & Used Furniture for Sale Phone 399-4793 3x ere Also Avellable Lege! oe 20¢ per werd CERAMICS Now We per word torwvbeoqvent | (enn ang thor consecutive Insertions Donne’ Ceramics, 365°3774 EARLY 1800 Ook and Brass Hope Chest ond miscellaneous oan. tiques. 365-5536 399 Payment may be made by cash, cheque or Viso ond MasterCard credit cords. It is able to send cosh e mail Clossified buto $) billing charge will be made if the od is not paid tor seven days ofter it first oppears (This $1 chorge does NOT ap- ply to Vise ond MosterCord ACCOUNTING For Smoll Businesses Phone Bill Waldie 365-5552 Your Place Or Mine charges.) MERRY CHRISTMAS! Sale. Dec Sgnment Shop. 1007.2nd Street 99 Print your Action Ad on o 5-TON MOBILE CRANE on rubber FIREWOOD. Dry lorch. dry cedor also split cedar tence posts 208. 6621 or 365-783) NEW POOL TABLES, or recover yours. Playfair Rec. 365-3959 __3/% USED GUNS bought and sold trade. Wises Hardware. Cash or Rossland. 112-362-517). ttn/93 Incense Sprouters Pertumes & Gift Baskets Etc., Etc., Etc. Just Arrived Fresh Frozen LARGE SHRIMP Minimum 5 Ibs $499 Limited Quentity! Only ot Mother NEW LOCATION Top of Sherbiko Hill (Next To) Mitchell Auto Supply 713 - 13th St., Castlegar seporate piece of paper ond mene fer the mao. as SNOW TRAILS S & SERVICE “SNOW THROWERS per 12th Ave. Genelle For Better or For Worse® by Lynn Johnston MICHREL- GET GOING BEFORE YOU MISS THAT Bus |! [TuTAKE LIZ TO Piry- CARE ,EUY-AND RAAH .. ANEMPT House! - THERE’ NOTHING LIKE AN HIGH Savings Rates LOW Loan Rates Mortgages. Persona! Kootenay Savings Credit Union CASTUGAR AND SOUTH SLOCAN, VISIT ROSE'S BOUTIQUE tor unique gifts and practical The climb is worth your time! Above Bob's Pay ‘n’ Takit 3/99 Two-Galion PAILS ONLY *1.50 EACH Jeavy duty all-purpose plastic pails with tight-fitting covers and handies Need cleaning. 61.50 each. CASTLEGAR NEWS 197 Columbia Ave. Castlegar XMAS GIFT SPECIALS Marine VHE/FM Teanscerver, $499 FISH FINDER'g FSHPINOER $475 SYRINGA PARK MARINA PERFECT CHRISTMAS GIFT. Buy o Bosch Kitchen mill, electronic cossories oc Christmas. 112-226-7678. TRAP LINE. West side of Arrow Lokes. Renato oreo. 112-269. 7333 Vay BY UNRESERVED PUBLIC AUCTION Tues., Dec. 18 9 A.M Otfice Desks, Credenzas Filing Cabinets. Adding Machines, and Much More RITCHIE BROS. AUCTIONEERS STATIONERY SUPPLIES - PO ROCOPTING WEDDING STATIONERY GENERAL PRINTING $8 Kel PrintSta 623 Columbia Avenue 365- FOR SALE. Four G-60x15 Super charger tires with white spoke rims. $135. Phone 365-7497 119/97 RENT THIS SPACE 365-5210 WAGNER _gPRiGHt $1300 Mason Console piano $1250. 112-442-2912 in/78 OIL FURNACE CONVERSIONS PLUMB may ticles must not total over $20 ond 8c Deoters Licence Mo DOI076A POLAROID CAMERA. $10 Newspaper logroller, $10. Slow ‘coker. (new Meat slicer Chequewriter, $40. 399. 3/98 each item must is price stated. We will run your od tor ” $15. Phone 365. PROGRAM CO-ORDINATOR son FILTERS. P35, 6.2 hte diesel. $3 each. 365-5209. 3/98 CHRISTMAS PRICED! Child's con. struction crane, $12. Children s gome, $5. 399-4411 3 DELICIOUS apples. 1 box. 40 Ibs at $12. } box, 20 Ibs. at $6. Phone 365-7521 3/100 DOGS BOARDED. Alca Kennels Salmo. Phone 357.9984 ev nad COCKER SPANIEL puppies. AKC registered $225. Unregistered 226-7677 Winlaw WILL HAUL Away livestock cor cosses. Phone th 9984 ater 6 tf READERS ‘of the Castlegar News pr cost. athichent odvertising program ev $109 per week we can pl 25-word “blonket Classitied od od in more than 700,000 homes Your Action Ad will appear in nearly 8 community newspapers with more thon 15 million readers! Call our Action Ad number 365-2212. tor detoils tin /87 COTY CENTRE of Chilliwack. 8 C The ultimate in convenience and location. Priced from only $26,500. For pictures, and more information 1 Beach B.C. VOX TPo. SKI FROM YOUR DOORSTEP! On hill doy oges trom. Big White Siar” od ‘ikem $130. Selkirk Snowcots $1 iT 08 x country $82. Coll ol tree tz 100 Lindell 100 way vsy 872-7411 “COLLECT MEDIATE CREDIT 10 CENTRE INC., 4600 Eost Hosti Street, Bur B.C. v: Phone 112-299 B66 WHERE CAN SE a truck tor only $119.97 per month? Cail Dove Hinton collect at 294-011! or toll tree at Zenith 2200. After 6 p.m. call collect 590-4589. DL 5674 100 UNEMPLOYED? Prepare to earn money during tax season. In ome tax course by correspon. dence. Free brochure. Write. U & R Tax Schools. 207-1345 Pem. bina Hwy. Winnipeg, Mon. R3T 286. 100 CLOCK WORKS. $4.95 with Concern Lid. (1973) 204 PROVINCE-WIDE CLASSIFIED ONLY $109 Coll us for details! APPROXIMATELY 700 sq.ft behind renay $o° Cant "Earvil 365 6110 @ SMALL 1 bedroom acreage in Thrums 3347 eves 365-8054. 3 PARTLY FURNISHED 2 bedroom house in the country. $200/mon th. 399.4439 "3/100 APARTMENT, 2 bedrooms down town area. Frid cluded. Call CAR doys. 365-6110 DUPLEX, 3 bedroom: th in Raspberry Vittoos 3751 Washer /dryer foci. No pete. Quiet couple or only se8 4159 Ciacr BRIGHT sFacious 2 bedroom apartment. Fridge stove included. Phone Roy 365-2111, eves. 365-3520. tin/! AND NOTICE Sunday Store Openings The City of Castlegar and the R.C.M.P have received a num- ber of inquiries regarding Merchants openin on Sunday. Castlegar has no Bylaw covering this and the Provincial Holiday Shopping Act applies open are Those stores that may stay A retail business which sells or offers for sale only goods or services in one of the following classes 1. foodstuffs, antiques, newspapers, periodicals, handicraf- ts and sundries in o total sales and display area open to the public of less than 225 m’? and employing no more than 4 persons to serve the public in the retail establishment; fresh fruits and vegetables hygienic, cosmetic, pharmaceutical or therapeutic goods and sundries only during those hours when prescription drugs are dispensed to the public nursery stock, flowers and horticultural and gardening supplies; rental, servicing and repair of, and the sale or offering for for sale of fuel, vehicles, boats and aircraft; rental of goods and equipment for sports, recreation and use about the home and garden; lubricants and accessories for motor Pre-School Development Center (Eorty invervention ter Children with Spectel Needs) Required to work under o boord. Responsible tay odmninistration. co-ordination of integrated program, including statt supervision lheson with community services and porent/child/programming oO. prepared meals; living accommodation; self-service laundries and other coin-operated services; live and cinematic productions, displays, exhibits and facilities for educational, recreational, cultural or amusement purposes and the sale or offering for sale of goods and services incidental to those purposes. Stores joned in this tion could be charged un- der The Hi Holiday Shopping Act which provides a Maximum penalty of up to $10,000. Mm ss Adult $35 Junior (18 and under) $20.00 HOURS: Monday Friday 8:15 a.m 10:30 p.m Su 12:30 - 8:00 p. - + Closed excep! tor — events QUALIFICATIONS: Early childhood educotion supervisor's cer tihcate. Minimum 3-yeors Continuous work with special needs children govelenion individvol plone end expertence in od. in into — Raquetball Lockers oa Towel Service Available lienitation, or on the bosis of on epplicent’s race, reli stotus. Rondbalt — Squosh - 1 } of try. Bonkcords accepted — Available at the gymnasium woo. don" (erlont the MONTHLY SALARY: $1646 plus medical benetits Application deadline — December 2), 1984 re PRE-SCHOOL DEVELOPMENT CENTER CASTLEGAR CAMPUS > Rights Branch! - = = 917 - 11th $¢. $., Crenbrook, B.C. VIC IVE Box 1200, Castlegar, B.C. VIN 3/1 — 365-7292 : ‘ .