Ny,
ws Castlegar News November 25,1967

BUSINESS

SHARE
PLAN A
SUCCESS

TORONTO (CP) — Companies that offer share-own.
ership plans to their employees have a dramatically
better economic performance than companies that don’t,
says a report prepared by the Toronto Stock Exchange.

Listed companies on the TSE with share-ownership
plans have 24-per-cent higher productivity, 95-per-cent
higher profit, 123-per-cent higher profit growth over five
years, 92-per-cent higher return on equity and
66-per-cent higher return on capital than others in the
same sector, the report showed.

The of an hi ship
plan also leads to an immediate increase of two to 10 per
cent in the market value of the company’s stock, the
report added.

It shows 63 per cent of listed companies have these
share-ownership plans, with most set up from 1983 to
1986. An estimated 750,000 Cenetes employees of these

are parti ship plans.

Most of the plans are rt option programs for
senior executives and only 31 per cent are available to a
broad sector of workers.

TSE vice-president Terry Popowich said the ex-
change hopes the information it has uncovered will lead
to more government incentives for employers and
employees.

PREPARES STUDY

To prepare the study, the TSE hired the polling
company Heintzman — Ltd. poy interview ‘more
than 700 emp! p! in 45

Buying shares oes an craployer's stock is a good
education for first-time investors. A 1986 TSE report
shows many employee share owners go on to buy shares
of other psublic companies.

Share-ownership plans work bestg-at companies
where at least 20 per cent of employees participate, the
survey showed.

can ne Pp > through
financial uch as di loans,
matching schemes, payroll eduction or direct employer
purchase.

About 10 per cent of the listed companies on the
Toronto Stock Exchange with share-ownership plans
don’t allow employees to vote. These firms have more
negative ratings that one that do give voting rights.

the exch: "8 report, of
share ip say the idea is spreading even
without legislation and government incentives.

Richard Long, head of the industrial relations
department at the University of said

AWARD WINNERS...
Robert Ramage (left)
and Lorne Anderson
(right) are presented
with Accounting
Technologist certificates
by Kieran Metcalfe ata
recent student night in
Trail,

Accounting ss
awards
iven

wind tela -thF e students,
and two

ete “send the annual
Ac

Anderson by Kieran Met-
calfe, the chapter's most re-
cent graduate.

pea ibis Student Night
Nov)-5 at the Colander Res-
taurant in Trail.
Accounting Technologist
certificates were awarded to
Robert Ramage and Lorne

The A Technolo-
gist Certificate signifies suc-
cessful completion of the first
three years of the five-year
program, as well as a period
of employment in a related
position.

The balance of the even-
ing’s events consisted of a
brief video presentation des-
cribing the educational pro-
gram offered by the Society
of Management Accountants,
and a round table discussion
of the job opportunities avail-
able to students and grad-
uates.

Fletcher Challenge

a threat says BCFP

VANCOUVER (CP — Bri-
tish Columbia Forest Pro-
ducts will lose five per cent of
its annual harvest of B.C.
government timber if Flet-
cher Challenge Ltd. of New
Zealand gains control of the
company, a BCFP spokesman
said.

Provincial Forests Minis-
ter Dave Parker attached

employer involvment is crucial to a plan's success.

“If managers try to involve employees in communi-
cation and decision-making, then results happen,”
“If they're simply selling shares, the impact is minimal.”

Chamber goals

By CasNews Staff
The new board of directors
of the Castlegar Chamber of
Commerce have targetted
three areas to work on in

community access to Super
Host programs;

© promote tourism by im-
proving signage and adding
information centres.

1988. Duane Mills and Margaret
The three goals for the Green have also been added
coming year are: as chamber directors.

that to his approval
of Fletcher's plans to control
B.C. Forest, said Stuart
Clugston.

He could not say what the
minister's decision would
mean to the earnings and
profits of a Fletcher-con-
trolled B.C. Forest, a comp-

Fletcher announced last
week it will be asking B.C.
Forest and Crown Forest
Industries shareholders to
sell Fletcher their shares.
Fletcher owns 96 per cent of
Crown and 48 per cent of B.C.
Forest.

Clugston also said Parker

© to assist chamber mem-

bers improve their busines-

ses ang profits through

workstiops, \seminars and
trade’ shows;

romote tourism by pro-

ing businesses and the

/ _ maa

Two-Gallon

PAILS
ONLY

*1.50

EACH

Heavy duty all-purpose
plastic pails with tight-fitting
covers and handles.
Need cleaning. $1.50 each.

CASTLEGAR NEWS

197 Columbia Ave.
Castlegar

ave paBby STORe

Pre-Christmas Specials

Through Nov. 30

109-402 Baker
Nelson Trading

SAVINGS ON
Cribs, Strollers,
Carsets, Safety gates,
Playpens, Highchairs,
Walkers,

Wall ecrrations:
Mobile:
Handmede Dolls,

caibing Items.

No one copies our

Color or Black 2

KONI 1500 Copier

Regular Price

Limited Time. Su. 095

Ma)

5 Copies per Minute
matic Exposure
trol

Sheet Bypase,

copying Capabibty
treray me Mode

Copying, OpwiOn
Red. BI

White

Color that's absolutely photograph
ic reproduction--so perfect you can
color separate from our copies.

Black & White with the greatest
range of sizes and features--and the
industry's finest technical service.

FOR FURTHER INFORMATION OR A DEMONSTRATION CONTACT
Dave Plant 365-2887 or 1-800-642-1234

Nov. 23-30
45" PRINTED

WEEKLY SEWING SPECIALS

Thank You

A sincere thank you to all the
volunteers for their help in so
many ways and to the citizens of
Costlegar for their support at the
polls. | will do my best to serve you
well.

LAWRENCE CHERNOFF

is pleased to announce that

Dr. Filip Vanzhov -
Is opening his office Dec. 1 at
ZDOROVIA FAMILY CLINIC
1100 - 4th STREET, CASTLEGAR
OFFICE

36 5 *; 2477 APPOINTMENTS

RESIDENCE

ba when ue

The right accesories to help you
STIML Pro Kill

Ne

THE PRO WaT msclvos occs $51)

@ new STIHL 009 L, 011, 012, 024 SUI
SUPER, 034 or
pd (16", 18" ond 21" bors only)

Wark herder, work lonpet ond work safely” FREE in your
COLUMBIA SAWS
199 Columbia Ave. © 366-2716

TIHL

WORLD'S LARGEST SELLING CHAIN 8A

038 SUPER PRO chain

chain © 250 ml STHL
‘tatety manual © protective

new STIL chain

7

SEARS 11 H.P. Lawn tractor and
36" snow thrower attoct

FLANNELETTE Reg. $5.95.
Dec. 1-5 All Fall Fashions .
Dec. 7-12 All Corduroy wide wots, rn wole ox

Dec. 14-19 All Patterns ......... “Qurnnmus fmt

CARTERS SEWING CENTRE

DOING OUR BEST TO SERVE YOU.
$23 Columbia Ave., 365-3810

365-2421 ..399-4230

Please call for an information brochure.
For information aboyt Naturopathic Physicians
in other areas, contact the ANDP of BC office
in Vancouver at 1-738-1791

requested an assurance from
Fletcher that it would not
undertake “any mass red
cution of people or closure of
facilities” because of the
harvest reducti:

ee,

AUCTION
SERVICE

NATIONAL EXHIBITION CENTRE,
Christmas cial,
Welebrich, limited edition pant,
River Cove". Price
reduced to 3/92

DIRTY CEILINGS?
We Have the Answer

processors and manual
$800 0.b.0, ‘999-4121 evenings. aa

[JOHNNY'S]

Buy of the Week

= 85°
a 14
= 35°
a $1.89

(wom srodas Last),

WE VHS VIDEOS
Hrs. 8 a.m.-8 p.m. daily
Robson, 365-7941

SINGLE bed frame, spring. ty

POTATOES 2 ts
Norland or Winter Geras

323-36 365-237: 7
F STOVE a 7 regular,
Toleted: Inclodes collar invert tor
at Spark arrester, with
-4178. 3/92

FOR MORE INFORMATION CALL

ACTION ADS — 365-2212.
CLASSIFIED DISPLAY — 365-5210

Heavy duty all-purpose
plastic pails with tight-fitting
covers
Need cleaning. $1.50 each
CASTLEGAR NEWS.

197 Columbia Ave.
Castlegar

352-9474

WATERBEDS. For all you! water
bed needs and supplies: | 367.
}04/40
tse GUNS ‘bought ond. soid.
Cash or trade. Wi rdware.
tin/93

READERS of the Castlegor News

through this newspaper's mem

bership in the 6.C. Yukon Com:
Si

prota?

Kel Print Stationery

The Courtyard Downtown Squere
366-4305

with participating
Castlegar Merchants

>. >, Nov. 23-Dec. 22

” $ $ OF DOLLARS
i" PRIZES To

Including:

An Admiral Microwave «
Oven (5299.95 vaive) # CTralewu: *900

(Cl
PRU PACKAGE

&

GIFT CERTIFICATES FROM

COLUMBIA APPLIANCES
LTD. CASTLEGAR

And Many Other Prizes from Local Merchants! |!
— TO ENTER —

* When you shop at the participating Costlegor merchants
ry form for every $10 or more you
tc.)

© Draws will be held Dec Sand Dec. 22,
2 LOTSAND LOTS OF PRIZES, FtOTs AND LOTS OF WINNERS.
* Prizes ore not for cash.
MAY or MAY NOT exchange prizes.
* Official Entry Forms Only can be used.

locations to
be announced, at your earliest convenienc

LOOK FOR SHOP 'N WIN POSTERS IN PARTICIPATING STORE WINDOWS!

AND WATCH FOR SHOP 'n WIN LOGOS
IN THEIR ADVERTISEMENTS TO IDENTIFY THEM!

AMWAY | guaran nteed products,
vice to your door. Phone
1 104/70

Rates
First 10 Words $3.75
Additional Words 20¢

3x,
ere Also A\

Special Rates are for
Consecutive insertions

Attention Getters

25¢ for each time od appears.
(Minimum charge 75¢.)

Legal Ads

Word ads: 20 per word tor
one insertion; 15€ per word
for subsequent consecutive
insertions. Minimum charge is
for 20 words. Legal boxed ads
04¢ per agate line ter one in:
sertion; 48€ per agate line tor

inser

Rossland. 1-362- ia

OLDER RANGETTE IE. Working 2

en $20. 359. 3/92
ATTRESS. cxcetiont

casiven, $25. 365-6727. 3/92

RENT
THIS
SPACE
365-5210

read
ere. $10 discount tor
cash. Call our Action Ad num!

SUVER RATTLE ANTIQUES: Seo
our latest arrivals ter Christmas

zy tewellenysguliver, china, etc.
at TULIPS FLORAL CO. downtown
Castlegor. Un

asco SRR EANICE. Bob
Leathard. Ph. 693-!

by Lynn Johnston

ste

ee

| CARS |

| YOUR BUSINESS |

PLUG INTO THE CLASSIFIEDS
This Space is Available . . . For More Information Call Display Dept. 365-5210

invoiced). Castl
Columbia Ave.,

Bifold Doors
x8"

ARROW BUILDING
2240-Gth Ave. 365-2175

Aluminum.
Sheets
24%" x 36"

} to 12 — 75¢ Each

13 to 24 oc
25 or More — S0¢ Each
CASTLEGAR NEWS

197 Columbie Avenve
Castlegar

Caathoger, 266-2175 © Trail, 368-311

a Yornlshed T bdrm.
, winter rat . on ys
399-4337.
QUIET one bdrm. arin
fment on nk by Mohawk,
$250/month, Apply Mother
Nature's Fentry, downtown
365-7750; event
tins

¢ DOG OWNER
COUNSELING
© DOG TRAINING

Call Christine Cross

WE CAN HRP YOURE
WORTH MORE
THAN YOU ARE TODAY”

trons.

Payment may be mode by
cash, cheque or Visa and
Mastercard, credit cards. It is

6-Q1 C
NUTRI-WAX AX juicer $65.‘ Vik
Country skiis 150:
poles. Downhill ski
fe 3-8, $15. 965-5 78)
3/92

send cash
through the mail. Clossitied

may be but a $1
biting ch charge cree mose

the ad is not paid Tarseven

days after it first appears
(This $1 charge does NOT op-
ply to Visa and MasterCard
charges.)

AY
10 a.m. Friday
Order by Mail
Print your Action Ad on a
separate piece of paper ond

mail to:
Action Ads
Box 3007
CASTIBOAS: B.C.

The Castlegar Ihave reserves
the right to classify ods under
appropriate headings and to

ny
states no

state or imply o preference,

limitation, or specification, on

the basis of an applicant's

, colour, marital

‘oncestry, place of

oge, sex (uniess the

tenance of public decency
AND prior specovel hos been
Gbtoined through the Human

(Rights Branch)

NINA’S

Personalized Hair Care

CSA airtight stove, $250, 0.b.0.:
entique tub. sinks, doors, cedar
its, 6 winter radials 175-
ww 7352-1892 alter & p.m. i
KyA

JACK L. PARKIN —
365-4664 © Res.

we
Vijit oma

mural reece

SERVING CASTLEGAR
& AREA

FOR 44 YEARS!

WEEKEND WORK
NO EXTRA CHARGE
FREE ESTIMATES
SENIORS & CASH
DISCOUNTS
Loading & Hauling

Back Hoe Work

Road Gravel
Concrete Gravel*

Thanks for Your Patronage

KINNAIRD
TRANSFER i.

Ph. 365-7124

TOPSON, rood and cement
ravel, drainrock and sai
ackhoe service.

if -7926;

 SHUFFI
$500

YARD,
0.b.0. 365-2401.

2 DUNLOP studded redial

tires, 165-14, $75. 365-6032. 3/94

BELL upright piono, 1300. a
3/

woOODWORK

PAIR skate guards $2.00.
inyl corpet runner, $15.00. 399:

new wool winter coat,
wee 2214 5 $40. 365-5808. 3/93

399-4121

[XMAS PUPPIES |

Purebred, enticing Minto
ture

Guis ise, 21 2 Saver skates, A
ee

'S drum set, Sr ancaliont ‘con-
Gitton, $15. 365-6002, 3/94
APARTMENT SIZE humidifier,
$30. 365-2572.

REMINGTON manval weer,

ran se, $19. aT.

LADIES omni figure kas

. furnished bsmt.

vate entranc:

utilities included.
soe

Fornished/untur-
fiche ‘unifies, cob
loundry facilities evailable. 268.

ia BORM. mobile home, aaa,
clean, gas heat $225. Can be tur-
ni Ph. 365-3155. tn/90

e, $225
495-6206 $275. ind
wn

2 BORM, 5 — Strand &
Mosby ea ity, 365-2166

NEWLY RENOVATED, a
nished, self-contained units.
private, quiet,
$pac tee
iScation.

for seniors,

ts
4 ‘Monthly rate of
wall-to-wall car-

bedroom units
of yard. Possible

Subsidy evoiloble.. Small
welcome on approval. Office
open 2-4 Wednesday or leave

365-2677

TWO WINDOW at
sBR5* 36" wide, $10 ech. 3

bl

il

‘A bed S a good con-
Shion, $95. 365.

children. $300,

Ph. 365-8051

35. QUIET 2 bedroom apt. close to

downtown. Seniors
2969. preteens

— ee
FOUR singie-bed boxsprings, $10
ich. 365-6239. fi

jit cross-count

GREWMAN ACRES
365-3986 365-2570

Fomily like atmosphere
and 3 bedroom units

with fridge and stove

* Ideal Retirement

* Handicapped Units
evailable

* Close to 3 schools
Privote E yf
Sundeck or Patio

UNFURNISHED 3 bdrm.

peed trom —

|, SAAS
PUPPIES AND FISH AT
FANCY FUR

HAGEN, oS FEATHERS..|

2 BORM. Torntahed oie Tor 4.
eee

Prster "Selentes

house,
Castlegor. beater.

SOUTH CASTLEGAR. 2
house, no pets please,

bdrm.
$325. 365-
751)

BDRM. HOUSE,
rer $300/month,

‘basement
Clove te" schools in beat]
Large fenced

tea rose

FURNISHED bachelor suite, tur-
nished one bdrm. suite, close in.
965-8132. tn/49-

CEDAR MANOR

ideal retirement

1 & 2 bedroom units
Fridge and Range
Very clean & Homey
Would Furnish on
Request

Ask for more intor-
mation on Senior
Citizens retiring plan

PH: 365-6213

BORM. furnisl
._ utilities in
tel. 365-2480, 365-3110. 3792

vive, or immedicie
EZ
OFFICE SPACE
FOR RENT

GEAUTIFUL
Southridge

A

365-6700

1983 FORD , 4 eee 4
7 y tess” 7/94
Cc ‘on

carriers, rigeuches ft
$1,100. Aey

1987 CHEVY
SPECTRUMS

rox... $8997

1976 FORD Pickup, at AM/FM,
iberglass

canopy. '90,.000 mites. 965.5648.
3/93
1985 fox _