ss Casthii Newrs 09.1 BUSINESS BUT IT'S IMAGINARY MONEY Students make fortune LONDON, ONT. (CP) — Too bad these business students aren't playing with real money. Four members of a Fanshawe College team have taken & $100,000 investment and, since February, parlayed it into a competition sponsored by Wilfred Laurier University in Waterloo, Ont. Aside from piling up a fortune on paper, team members can savor the knowledge that their record of stock buying and selling is good enough to put them in first place in the ‘Evena plete duffer should be able to make some money in today's market.’ $317,000 fortune by playing the ups and downs of the stock market. The budding entrepreneurs from London, Ont., won't be able to bank their impressive gains. They're playing with imaginary money as part of a national inter-school which has attracted 931 teams from 138 high schools and six colleges and universities in Canada. Fanshawe College has 43 students on 10 teams in the contest. But John Denomy, Joe Sadlowski, Karen Yap and Mike Strahi have outdistanced all rivals. They're far ahead of last year’s winners. Ml teams began Feb. 10 with $100,000 in imaginary funds and instructions to build as big a bankroll as possible by pretending to trade stocks on the Toronto Stock Exchange. The competition, which closes May 2, is ANTED Vehicles of the West Kootenay for Special Discount Prices on Paint & Bodywork! Rock guarding at no extra charge with every complete paint job DROP IN AND ARRANGE YOUR SPECIAL DEAL! REMEMBER: We meet our friends by ac- cident. FREE ESTIMATES — FREE COURTESY CAR — NO OBLIGATION! 55 ¢ 56. y 5-2 Ne 4-92 13 Maloney Pontiac Buick Columbia Ave., Castlegar purchase necessary. S¢ Pp by the stock exchange and Bell Canada. The students buy and sell stocks based on the previous day’s closing prices. The p' are made by and are relayed to Wilfred Laurier through an electronic message system. A weekly listing of stock results is compiled to show students how the teams are doing. HELP ALLOWED The traders can seek technical assistance from their faculty adviser but all the buying and selling decisions are made by team members, said Ian Skaith, acting co-ordinator of Fanshaw’s business-finance program. He said the competition gives students a chance to use skills they have learned in their studies. Students also learn to cull information on winning and losing companies from sources that include the public t record b part of class assignment. library, the University of Western Ontario's business library y) and the financial sections of newspapers. Skaith said a booming stock market has made it easier for competitors to make money than it might be during a downturn. Even a complete duffer should be able to make some money in today’s market, he said. Cash prizes and trophies await the winners of the competition but it's the thrill of the chase for imaginary dollars that keeps interest high, said Skaith. There's also a practical payoff for Fanshawe's competitors — they'll be able to submit their investment records as part of a class assignment. os "SINGER SALE-ATHON! A FASHION HOLIDAY iN PARIS! You could win a one-week Paris holiday for two via Air Canad just for visiting the dealer. No contest details at your local Singer dealer. ASK ABOUT THE BRAND NEW LINE OF SINGER ULTRALOCK* SEWING MACHINES. And enter often! * AIR CANADA Credit terms avaliable. “A todemoark of THE SINGER COMPANY. Registered user Company of Canada Lid. tPrices deaiers Carter's Sewing Center Castleaird Plaza Castlegar 365-3810 SINGER LETTING PEOPLE KNOW .. . Castlegar Chamber of Commerce administrator Ann Stasila shows off the Travel InfoCentre flag that will fly above the Cham- CASTLEGAR TO GET INFOCENTRE By SIMON BIRCH Staff Writer What is being touted as the most advanced visitor information system in North America‘will have an outlet in Castlegar when B.C.’s Ministry of Tourism opens one of its Travel InfoCentres in the Castlegar Chamber of Commerce's new building on 6th Avenue. The Travel InfoCentres, announced last month by Tourism Minister Claude Richmond, bring to B.C. a network of 140 coordinated tourist information centres identified by a new logo and manned by trained and uniformed managers and staff. The logo — two blue stripes topped by a red stripe blending into the B.C. flag with the words Travel InfoCentre above and below the stripes — will also be featured on 36 2'/-by-five-metre highway signs “placed at-strategic locations close to entry points to.each.of the Brovince’s pine tourism regions,” », Tourist ‘Mistry, ews release says. - Ann Stasila, administrator of the Castlegar Chamber of Commerce, said she is pleased with the concept of a unified system of tourist centres. “The information logo is going to be effective,” said Stasila, who has completed the Superhost program, a Fequirement of InfoCentre managers. ber's new building indicating that Casth of B.C.'s new travel information network. is port Contews Prete, In addition, InfoCentre staff will attend professional workshops, seminars and a travel counselling technique To cover the cost of setting up the InfoCentres, the government is providing one-time grants to the operators of the centres. The Castlegar Chamber of Commerce has received its grant of $2,000, chamber president Paul Moroso said. Stasila said she hopes to have three students manning the InfoCentre 12 hours a day, seven days a week this summer. Last summer, the chamber hired two students. The students will be funded under the federal government's Challenge 86 program. “I've requested money for three students,” Stasila said. “(Whether we get three) depends on the amount of money given to us.” She added that she hopes to keep the InfoCentre and the chamber office open with extended hours longer than July and August, as was the case last year. But again, she said, that depends on the grants. Stasila said she does not have information on where the new highway sign will be placed in the Castlegar area, adding that the department of highways in cooperation with the Tourism Ministry will handle that aspect of the InfoCentre network. The lack 6f adequate Highway information signs has been a sore point for Castlegar council for some time. The provincial government has estimated the cost of the InfoCentre network and the coordinated highway signage at $1.5 million. Stasila said she hopes Castlegar’s centre will be ready at the end of next month when the chamber’s new building is scheduled for completion. Terrorism hurts travel the allure of the Mediter ranean for tourists, travel agents say, and the explosion aboard a TWA jet over Greece last week is apt to reinforce the fear. Some U.S. travellers are taking vac ations in Canada instead. “The threat of terrorism has definitely cut down travel plans to southern Eur ope,” said Charles Bressler, owner of Foreign Travel Inc. of Chevy Chase, Md. “The fact that the dollar is down doesn't have nearly as much influence as concern over personal safety.” Barbara Durkin, manager at Alexander Travel Agency in Rochester, N.Y., said she was making fewer reserva- tions for trips to Europe than in previous years. “Tm getting a lot of calls for trips to Hawaii, rather than Europe,” she said. “And Canada and Mexico are big 7) be JIM CROSS Vice-President Pulp Marketing Mr. Cross joined Westar in 1982 and has held positions as General Manager, Terrace Operations and General Manager, Southern Wood Products at Castlegar. Jim has an extensive background in the in- dustry and has held a number of senior marketing positions with other forest products companies Jim will be responsible tor all marketing activities for bleached kraft pulp from Westar's two pulp mills located at Prince Rupert and Castlegar Westar Timber APPOINTMENTS WADE ZAMMIT General Manager Southern Wood Products Southern Wood Products new General Manager will be Mr. Wade Zammit. Wade transferred to Castlegar in September 1984 as Production Manager (S.W.P.) Since Joining Westar in 1983, he has held mat ent positions at Plateau and Kitwango Operations. Wade's new responsibilites now en- compass all activities related to the S.W.P. operation too. I think I won't be need- ing a big supply of European brochures.” “We're seeing a lot more American vacations,” said June Magrin, director of marketing for Hughes Inter- national Travel Inc. in New York. “People are becoming very patriotic all of a sudden. “They want to stay home.” An explosion tore a hole in a TWA jet flying from Rome to Athens and three pass- engers were sucked through the opening and killed. For the travel industry, it was but the latest in a string of terrorist strikes against travellers in the region: e@ Thirty-nine Americans were held hostage in Beirut last summer and a U.S. navy frogman was shot to death after a TWA plane was hi- jacked on a flight from Athens to Rome. Twenty people, including five Americans, were killed when terrorists attacked air- line counters at the Rome and Vienna airports on Dec. 27. © And, Egypt's tourist in- dustry suffered another blow last month when rioting po- licemen sacked hotels near the Great Pyramids. “The media has kept the Achille Lauro incident alive,” Bressler said. “And after what happened in Greece . . . I'm afraid all the money the Greek government spent trying to rebuild its tourism industry will be wasted.” Mary Nalbandian, owner of Penobscot International Tra- vel Service Inc. in Detroit, said overseas bookings are running 50 per cent below last year. “It's definitely due to ter. rorism,” she said, adding that her customers are avoiding Greece, Italy and Israel. , NEW REALITY ‘FOR TAHSIS IS FEWER JOBS Tahsis has a school, a gymnasium, a doctor, a bank, a gas station, a hardware store, a grocery, a FEATURE REPORT bakery, a coffee shop and a couple of bars. Some of these amenities may not be around in a year’s time. “It's pretty damned serious,” said Mayor Thomas McCrae, who works in the hemlock mill as a shipper. “Quite frankly, I don't believe we are going to have _snuch of a village left. The impact of this announcement produced shock waves that are just now settling a bit.” LOSE TAXES The village could lose almost $400,000 in industrial taxes next year from the closure, he said. It amounts to the entire budget for recreation — “and goodness knows, with 200 inches of rain a year, any indoor recreation is something we hang on to until the bitter end.” Steve Johnson, 21, who grew up in Tahsis, has only 18 months’ seniority at the doomed cedar mill. He is likely to be among the first to lose their jobs. “Time to get out of this town anyway,” he said. “It will hurt the local businesses; they are doing bad enough as it is.” Tony Ellis, 42, said he bought the building-supply store two years ago for nearly $250,000 from “someone who was smart enough to leave.” No new home building is in sight and if the business declines as anticipated, Ellis said he could become bankrupt. “I can’t see what else: I don't know, may be walk in the bank and give them the keys and walk away.” Ellis, married with two children, is also a substitute teacher at the local school, where there are fears about teacher layoffs and program cuts when fewer children are around. LAST A YEAR? George Minta, who runs the only service station in Tahsis, said he will try to hang on for a year. “That's all we've got left. I mean I'm 61 this month and I was hoping to get out of it.” He borrowed money to buy the gas station three years ago, and was slowly paying off the debt until recently, when the mill closure left local resi i their money. He hopes business will pick up from construction of the new mill. “If I'm going to unload this, I've got to do it in the next year. I don’t see any promises in the future.” Some residents believe that in the long run, the changes will turn Tahsis into a smaller, tighter community of about 1,000. Family people will stay while the single workers who now live in company bunk houses will be gone, resulting in a more stable population and possibly a better place to raise children. Dr. John Wheeldon, the village's only doctor, is not cheerful about the immediate future. “A lot of people are going to be unemployed, and it's going to hit the small businesses in town and some of them won't survive, including possibly myself.” DISTRICT No. 9 (CASTLEGAR) SCHOOL KINDERGARTEN & GRADE ONE REGISTRATION For the 1986-1987 School Year Parents wishing to enroll their child in either REGULAR Kindergarten or RUSSIAN IMMERSION Kindergarten for September, 1986, are asked to register their child at the nearest elementary school at the time(s) indicated below. If the child is presently attendin: Kindergarten, there is no need to register him/her in Grade One. With budget and staffing uncertainties, the Board may establish minimum and maximum class sizes, in which case registrations will be considered on a first-come, first-serve basis. You are therefore advised to register your child AT THIS TIME. Please note that a birth or baptismal certificate MUST be shown before a child can be registered. Kingergarten pupils must be five years old on or betore ember 31, 1986. Grade One pupils must be six years old on or before December 31, 1986. Biveberry Creek Castlegar Primary Tuesday. April 15 Kinnaird Elementary Tuesday. April 15 & Volley Visto (at Kinnoird Elem.) Wednesday, April 16 Friday, April 11 Tw , April iS , April 16 Tuesday. April 15 Tuesday. April 15 Monday, April 14 seasae58s 3 $33 Pork & Poss Creek (ot Woodlond Pork) BOARD OF SCHOOL TRUSTEES SCHOOL DISTRICT NO. 9 ( Castlegar) Town on death's door CREIGHTON, ONT. (CP) — Alfred Emblin, 82, sits on a bench outside the Creighton Restaurant, chaws on & plug of tobacco and considers the decline of the mining company town he’s lived in for 60 years. “Looks like hell now,” he says, “but it was a nice place at one time.” By June 1988, Emblin and the other 400-odd residents of will be gone. So will the town. “It hurts, it just hurts, that’s all I can tell them,” says Suzanne Powell, 34. “I was born here, I was raised here, I was christened here, I was married here, but now it looks like I won't be able to die here.” Inco. Ltd., the nickel-mining giant that owns the 80-year-old townsite and most of the houses in it, has given residents two years to relocate. “Inco wants out of real estate and it’s that simple,” Don Taylor, the company’s superintendent of property management, told members of the town's 122 families at a recent meeting. The 76 who rent company houses were told they can have the structures if they can move them. The 46 who own homes on company land were told they will get what Inco considers fair market value. Inco says it spent $725,000 last year to maintain the community, where houses rent for about $200 a month, about one-third of the going rate for comparable homes in northeast. brought up to standards set by the regional municipality. That would cost about $10 million — or $83,000 a house. commodore CHECK OUT OUR SUPER SELECTION OF COMMODORE SOFTWARE It's cheaper for the company to abandon the town. The houses will be razed, as will the other structures left in town — a church, a post office, a store and the booth-and-stoo! restaurant. The debris will be carted away. “Natural growth will take over and within 4 year you wouldn't know a house was there,” says Taylor. ‘The only man-made structure that will remain at Creighton among the about 625 miners, most of whom commute to and from Sudbury and neighboring towns. Nickel was first found in the area in the 1850s. The first ore was shipped out around the turn of the century. “Towns like Creighton were created in the early 1900s when it was a major trip from Sudbury,” Taylor. “In order to have people reasonably available, company built houses.” ‘The town — believed to be the last such company town in Ontario — grew to a peak of about 12,000 people in the 1920s. But car ownership and improved transpor- tation enabled many miners to commute from Sudbury and other centres and by the 1940s, 2,200 lived in Creighton. “I remember when there were four grocery stores, 14 boarding houses, a shoemaker, the town's own police foree — and even a theatre,” recalls Alice who works the restaurant with her husband, John. At the meeting with Inco officials, residents proposed plans to save their town. Blondie Moyle, an Inco P ‘ d the sell its houses to tenants for $1 apiece. “We'll look after everything,” he said. Another resident suggested 28 months of rent-free living would help people save enough money for new housing. But Inco has made it clear it isn't making any deals. There will be no reprieves. Still, people like Moyle, who has lived here 50 years, say they won't go quietly. “T'll tell you something, sir,” Moyle told Taylor. “I'll be sitting with a shotgun in my front window. No one is going to take my house from me.” weeeeeee © Sauna /exercise room © 24-hour room service * In-house movies © Banquet and convention facilities for up to persons 1280 Cedar Ave.