A6é

CASTLEGAR NEWS, December 21, 1980

Province shows
real 1980 growth

By GARY KINGSTON

VICTORIA (CP) — The
sign of a successful sports
team is one that can lose its
top stars and continue to do
well. The same could be said
of the British Columbia econ-
omy in 1980.

Despite an indifferent
year in the lumber industry
and a significant downturn in
natural gas sales — the
shining star of B.C, industry
— the provincial economy
experienced three per cent or
more real growth, in stark
contrast to the decline in
Eastern Canada. °

“We undoubtedly did
better than the rest of Can-
ada and better than most of
the provinces,” Bill Hamilton,
Employers’ Council of B.C,
president, -said in an inter-
view. “There was a develop-
ing air of pessimism in
mid-year, but that substan-

tially dissipated by the end of -

the year."

Hamilton said people of-
ten believe that the lumber
industry, the traditional lead-
er in the province, is the only
barometer of the provincial
economy,

But even though lumber
prices collapsed, he said,
revenues from other sectors
remained high, particularly
in the coal and mining in-
dustries,

EXPORTS REMAINED

Despite the drop in lum-
ber prices and a 19 per cent
decrease in lumber ship-
ments to the U.S, because of

, 4 housing slowdown, export
volumes remained steady,
said Don Lanskail, head of
the Council of Forest Indus-
tries.

“The only thing that
saved us is better life in
exports markets to Japan
and Europe,” he said. “Ex-
ports to those countries
tended to take up the de-
cline.”

Natural gas sales to the
United States took a severe
beating, as Americans balked
at the high border price of
$4.47 a thousand cubic feet,
and the mic sl

The mining industry ex-
perlenced one of its better
years in 1980, said Bob Hall-
baure of the Mining Asso-
ciation of B.C., with most
metal prices remaining
steady and significant gains
being made in gold and silver
prices,
He said some new mines
came into production at the
end of the year and more are
scheduled to open in early.
1981.

Hamilton said that in
addition to the good year
experienced. by the mining
and tourism industries, retail
sales were better in B.C. than
any other province.

“Consumer confidence
has stayed at a pretty high
level,” he said.

Despite the steady year,
however, many economists
are predicting’ slower econ-
omic growth in 1981.

William Empey, senior
economist of Data Resources
Inc. of Toronto, who recently
presented a forecast for B.C.
to an economists’ conference,
said the recession is catching
up with B.C.

He forecast lower em-

ployment growth in most ‘in-:

dustries and said an expected
acceleration in wage ‘set-
tlements will carry the prov-
ince’s inflation rate (9.5* per
cent in 1980) back above the
national average.

Craigmont
mine stays
open ‘til 83

VANCOUVER. (CP) —
Craigmont Mines Ltd. will
keep its mine near Merritt
open until early 1983.

- Craigmont had planned
to close the mine which em-
ploys about 240 workers in
mid-1981 because of dimin-
ishing ore’ reserves,

However, the company
said in a news release it has
decided to treat its coarse

in the U.S. caused several
Pacifi¢ “Northwest industrii®
users of B.C. gas to cancel
shipments.

And despite a late fall
surge in gas sales from U.S.
customers who use gas to
heat their homes, sales were
expected to fall below 100
billion cubic feet, compared
with 167 billion cubic feet in
1979,

The resulting drop in
revenue to the provincial
government — revenues are
expected to be $184 million
below the original forecast
for the fiscal year ending
March 31, 1981 — has forced
the government to tighten its
own purse strings.

STOCKS
CLOSE

VANCOUVER (CP) —
Prices were up in heavy
trading Friday on the Van-
couver Stock Exchange. Vol-
ume at close was 7,358,942
shares. be

Of stocks traded, 328
advanced, 185 declined and

iron kpile and by pro-
cessing copper and iron sim-

ultanedusly,“ underground

mihing may be

~ he CAS Eiasea ad
THE MASSIVE exterior of Cominco’s $210 million zinc electrolytic and
melting plant project has become
how things are shaping up in the electro!
as 3% football fields. Pictured is a cath

a familiar Trail landmark. This is
lysis séction which is as long
ode-pulling crane which was
jomatic cranes for the plant, it

Se

These cranes will also be used for
cranes are r ‘kable b:

—

: a 3
will lift 50 cathodes at once holding zinc weighing seven tonnes.

g anodes for

The
with

extreme precision,
operation in 1981,

they are 1 by Pp
The first section of the new plarit will begin

—Comincs Photo

recently installed. One of four such aut

| Cosgrove doubts mortgage

relief, if any, will b

. OTTAWA (CP).— Thow-.,

viewer. as.the Commons held
a hi de-

until 1982. The company said
the mill would then, be con-
verted to process only iron.

“Although copper pro-

duction from that time would.

likely be only at a breakeven
point, there are benefits to be
derived from the immediate
processing of all of the coarse
iron stockpile,” Craigmont
said.

_Sandman Inn
is picketed

VANCOUVER (CP) —
The Sandman Inn in Vancou-
ver was picketed briefly Fri-
day by members of the Hotel,
Restaurant and Culinary Em-

ployees and Bartenders —

Union who were supporting

the month-old strike against ~

the hotel chain.in Cranbrook,
Contract negotiations
between the union and three
Sandman Inn hotels in Cran-
brook, Kelowna and Revel-
stoke reached an impasse in
id-N

sands of h are

being locked in to high mort-
gage rates while the federal
government studies’ what, if
anything, to do about the fi-
nancial burdens they face.

Senior officials of Can-
ada Mortgage and Housing
“Corp. will complete a review
of the situation over the
holiday season, but Housing
Minister Paul Cosgrove said
it's doubtful any mortgage
relief program will be retro-
active,

Cosgrove was inter-

bate on the state of the
economy. The debate began
Thursday night after interest
rates jumped to record highs.

Mortgage’rates have not
risen as di i in re-

the rate five years ago when
many -of the loans up for
renewal this winter were last
arranged.

A person with a $40,000
mortgage amortized over 26
years pays. $527.63 a month
in principal and interest at a

cent weeks as the interest
rates on business or other
kinds of personal loans,

rate of 16 per cent. A similar-
mortgage at 12 per cent costs:
$412.76 a month.

renewing their mortgages
this month could be paying
interest as high as 16 per
cent. That's about four per-
centage points higher than

CMHC esti rough-
ly 400,000 mortgages come
up for renewal each year and
fhe number of renewals
doesn't vary greatly from
month to month.

Chamber expresses concern
about aoutlook for 1981.

By THE CANADIAN
PRESS
The Canadian Chamber
of Commerce says it is both
disappointed over and con-
cerned about the economic
outlook for 1981.
In its annual year-end
the it

» but only

217 were unch
In the industrials, B.C.
L

Cranb ploy went
out on strike, said union
: Ron Bonar.

Corp.
was steady at $6.10 on 42,340
shares and Finning Tractor
was unchanged at $32 on
10,000. Webb and Knapp rose
+95 to $5.80 on 5,600 and
Canadian Javelin was up .20
at $1.60 on 5,328. ‘Grouse
Mountain gained .01 to .72
and Renn Industries was
steady at $4.25,

On the resource and de-
velopment board, West
Trend Resources rose .10 to
$3.70 on 757,100 shares and
Knobby Lake Mines dropped
-10 to $2.90 on 334,700.
Maclan Exploration declined
+11 to $1.34 on 206,700 and
Hansa Petroleum dropped
01 to $1.34 on 153,200.
Damascus Resources rose .24
to $2.84 and Redford Mines
was up .10 at $2.80. Q

On the curb exchange,
New Beginnings Resources
was up .65 at $6.15 on 281,658
shares and New Beginnings
Warrants rose .75 to $5.10 on
119,000. Pez Resrouces was
steady at $2.30 on 116,300
and Meridian Resource War-
rants was unchanged at .08%
on 68,100. Meridian Re-
sources gained .03 to $1.21
and Velvet Exploration ad-
vanced .10 to $1.70.

Spot picketing has oc-
curred at the Kelowna and
Revelstoke locations, and al-
lied picketing at other lo-
cations, including the Van-
couver Sandman Inn, will
continue, he said.

Bonar said the last con-
tract expired in October and
talks broke down over wages
and management's refusal to
provide medical and dental

le
body says the future “is
clearly not very promising.”
“While growth hopefully
will resume in the second
half of next year, this will
barely offset the decline in
1980 and early 1981, suggest-
ing that by year-end 1981
business activity may not
even be back at the level
that prevailed at the end of
197!

9.

“The inflation rate in
1981 is likely to exceed this
year’s 10 per cent, and the |
danger of a new wage-price

plans which are d in
the industry.
TRAIL OTHERS

Bonar said Sandman em-
ployees earn an average
wage of $5 an hour while
employees of other similar
hotels receive $6 and $7 an
hour.

Office workers
organizing
The five clerical and

office employees at Castlegar

city hall and two at the

RCMP office have applied to

the Labor Relations Board to

become part of Canadian

Union of Public Employees

Local 2262,

he 8:

“In the face of these
difficulties, the unfortunate
tack taken in the last federal
budget becomes even more
apparent.”

A year ago, the chamber
says, it was expecting a boom
in energy-related develop-
ment which would cushion
the economy from other
weaknesses and build future
strength,

But the budget elimin-
ated that hope, at least for
next year, it says,

“In addition, it has ex-
acerbated the political divi-
sions in Canada, and led to a
shocking and worrisome rise
in western Canadian separ-
atist sentiments.

SPENDING HIGH

“At the same time, the

budget glossed over one of
the main economic problems
facing Canada, namely the
excessively high level of
spending by the federal gov-
ernment.” é

The federal-provincial
energy dispute had to be re- '
solved quickly, not only be-
cause of the constitutional
stresses it was creating, but
also because of-the impor-
tance to the economy.

“As 1980 draws to a
close, it is abundantly clear
that the Canadian economy is
in poor health, and that what
should be a season of good
cheer and rejoicing is instead
much more a time for a
somber re-assessment of our
national problems and pros-
pects.”

Elsewhere on the busi-
ness scene, financially bat-
tered Massey-Ferguson Ltd.
said interest on its crushing
short-term debt created a
loss of $225.2 million for it in
the fiscal year ended Oct. 81.

In the 1979 fiscal year,
Massey had net earnings of
$37 million.

Its sales rose worldwide
to $3.182 billion from $2,973
billion, but interest charges
of $229.9 million more than
wiped out at net profit.

Massey now is basing its
hope of escaping bankruptcy
on a plan in which the 260
banks to which it owes
money will: take shares in-
stead of interest, No decision
has been announced yet by
the banks.

An. unusual take-over
fight is shaping up between
Zeller's Ltd, of Montreal and

Hudson's Bay*Co. of Winni-

peg, wiich already owns 57

per cent of Zeller's shares,
PROPOSED MERGER

The Bay proposed a
merger Nov. 21, offering
$16.50 a share for stock it
does not yet own, Zeller's
said the bid is too low, since
its value had been estimated
at $18 or $18.25 a share,

The Bay said it will
continue with its merger
proposal, which would need a
two-thirds: vote to pass.

The federal government
said it has decided not to
increase the export price of
natural gas March 1 to reflect
a new. tax announced in the
Oct. 28 budget.

The export price now is
$4.47 for 1,000 cubic feet. The
decision against an export
increase means that pro-
ducers in Western Canada
will have to swallow the new
tax of 80 cents for 1,000 cubic
feet. et

Hydro-Quebec says it.
plans new projects for the
next decade that will cost
$55.5 billion, The provincial-
ly-owned utility says it ex-
pects electricity use in Que-
bec to triple in the next 15
years, and to fill most of the
demand with hydro-electric
power.

Alcan Aluminium Ltd, of:
Montreal says it successfully
brought its new smelter at
Grande Baie, Que., on
stream. When it reaches full
operation, the $425-million
smelter will have an annual
capacity of 171,000 tonnes of
aluminum and employ 650
workers. '

That means perhaps
33,000 homeowners are ex-

periencing large increases in,

their monthly payments this

‘month,

Federal cabinet minis-
ters and senior federal offi-

cials acknowledge this adds '

to burdens, but say they have
yet to hear from lending
institutions of people bein;
forced into the street by high
mortgage rates,

That claim has been dis-
puted almost daily by oppo-
sition MPs.

Last spring, after inter-
est rates rose to what were
then record levels, the Lib-
erals promised help to a sel-
ect group of 7,000 to 10,000
homeowners whose mort-
gages. were coming: up for
renewal and whose monthly

e retroactive

family incomes.

By May, int Tal
were falling again and the
government shelved its relief
plan indefinitely.

WANT NEW REPORT
Cosgrove said that

CMHC president Ray Hes- -

sion and other senior officials
of the federal housing agency
have been asked for a de-
tailed report on the situation
by the first week in January.

. . The report is to include a
review of the earlier mort-
gage relief plan, an analysis
of recent housing statistics
compared to statistics from
previous years and a report
on problems with mortgage
renewals based on infor-

pay were 0
exceed 30 per cent of their

mation lied by major
lending institutions. *

Manfor still
sf up*for'grabs

{a
WINNIPEG (CP) — Ef-
forts to sell Manitoba For-
|, estry. Resources Ltd. at The,
Pas, ara based on finding a

‘company to enlarge the pub-
licly-owned sawmill’and pulp
operation, Finance Minister
Don Craik said Friday.

“The only options we are

, looking at are-options that
‘will expand the opportunities
for employment,” Craik told
the legislature.

i Despite a grilling by
three Opposition New Demo-
cratic Party members, Craik
refused to describe the gov-
ernment’s sales pitch to
potential buyers in the forest

- industry. ass

He would only say no
-sale hasbeen made yet.
Craik objected to an ac-
cusation from Jay Cowan:
(NDP-Churchill) that the;)
‘government was hiding»

- something. * '

Craik said nogotiations::
with various companies must
remain confidential if the,
Conservatives are to get "the
best possible deal” for Mani-
toba. : :

» MacBlo wants
to offer new

‘preferreds

VANCOUVER (CP) —
MacMillan Bloedel Ltd. ‘is
seeking securities! commis-
sions approval to offer a new
issue of convertible preferred
shares worth $50 million.

MB, Canada's largest in-
fegrated forest products
company, says it filed a
preliminary ‘prospdttus on
the new issue, 2

Proceeds will be used to
finance expansion. x

Derek Parkinson, senior
vice-president for finance,
said in a news release the
company has spent $340 mil-
lion in 1980 on the capital
expenditure program.

He said the company's
total capital spending plans
amount to $2.3 billion which
will be financed primarily by
reinvested earnings and by
additional market issues.

ce

‘sewage color

CRANBROOK (CP) —
Crestbrook Forest Industries
Ltd. will spend $2.5 million to
reduce the color of sewage
being pumped into the Koot-
enay River at its Skookum-
chuk pulp division.

’ Environment ministry

. officials ordered the company

to improve the quality of dis-
charge after residents in the
area criticized the color of the
Kootenay below the point of
discharge.

Crestbrook said in a’
news release Friday the new
System, the first in Canada,
will reduce the pulp-mill
effluent color by 90 per cent
and return the Kootenay
River to its normal upstream
color and clarity,

CASTLEGAR

Thank You for your patronage and making our
. Ist year in business a successful one.

AUTO BODY (1979) utd,

2230-6th Ave. +

cat

Lan

wo oe

+ acholar x ¥
4 Creek physician 108 A president
‘A single track of Germany

CROSSWORD

No Monotony answer in Wednesday's paper

- Seek. $3 per

_hour increase
“,” NANAIMO (CP) — Non-

KUSE'M DGAKGYE PMB
DPCYM NCYS KUSA

‘Today's Cryploqaip chen: Mequala8 _

Ready fo

Bree so s“as

UN UYUAGEUKUSCOM

a

+

‘— An A ry
,. whose work ranged from the

Union of Public Employees
said. The workers are seek-

fgred $1 an hour.

Everybody's
favorite
sister -—
OAKVILLE, ONT. (CP)

ing a.$8 an hour increase |
while the employers have of-

CASTLEGAR NEWS, December 21,1980

NOTICE

Schedule of

Garbage -
Pick-up
Over'the
Holidays.

con ‘nell te i ane at
who norma ave garbage..pick-up an.
Tuesday, Wednesday or Thursday will have. -

: high’ Arctic to a former
Hamilton jail has inspired an
Oakville woman to produce

r deluge

Virtually all ilabl
B.C. Tel operators will work
4%-hour shifts Christmas
Day to accommodate an ex-
pected deluge of greetings

Mord, than 1.2 million

calls

‘Day, said: spokesman Keith

Matthrews, although week-
end rates from Boxing Day at
6 p.m. through 5 p.m. Dee, 29
are expected to spread.the
load. :

Dear Ann-Landers: | am be: inning -to feel like

some kind of freak. Ann, amt hopelessly square, orare 8 Place

Editor, Castlegar, News:

Last week I wrote a
eolumn on recollections of
Christmasses years ago, and
some of: the traditions asso-
ciated with the evént. The
key memory in the cele-
bration, I indicated,-was the
preparation of the ‘Santa’s

cake’, and setting it, together -

with a bottle of (port) wine in
of honor just before

things changing so fast that-no one my.age can keep up we went to bed. |

with them?

For some. reason or

Last night 1 was invited ‘toa party. The hostess other, the key concluding
said, “This is going to be a fun affair. Bring money. You
might want to buy something.” | told her | already had the point of the story was
enough Tupperware, ‘thank you. She replied, "Wow, lost. For the sake of these

are you in for a surpri:
When | arriv

lsaw several people I knew (mostly ©

married couples) and a few fresh faces. On the dining
room table was a display of sex godgets for both males

and females — Including a rub

wore a sign, “My name is
your wife is visiting her mot!

her.
There were “love potions,”

er-doll, life-size. She
Gigi. Sleep with me when

massaging oils,
— “His and Hers”

— and a bottle of “Emotion

Lotion.” (When you. put iton..

it feels Warni-Wheh' you blow on it,"It feels hot.) There,
were crotchless pantyhose and black garter belts, as.

well as see-through

joxer shorts. The most amazing

item was a-pair of real candy panties with licorice laces

up the sides.

Order blanks were passed. around. The woman
who ran the party beamed as she wrote up over $500

worth of orders.

These people were middle-America types — no
goys,.no oddballs, no degenerates. What does it all.
mean? Do you approve? — Square Peg In A Round Hole

Dear Peg:
tooking to t:
that used to be stash
sold In the living rooms
America.” -

lt approve? What,
approval. The fact that these

Do
Adults don't need m

= It means an awful lot of people are
something different. It also means items
under counters are now being

of Mr. and Mrs. “Middle

difference does it make?

“fun-and-game” peddlers couldn't get a dime out of me

is. of Ilttle cons

uence. A lot

people want that

paraphernalia, an Nil bet the peddlers clean up.

Dear Ann Londers: Recently you printed a letter

from a man who was dinin
his office. They split the cl
was upset because he had

yout with seven people from
eck eight ways. The fellow
not ordered drinks and had

no dessert. He resented paying the same amount as the
others. You suggested separate checks,

Several months ago | had dinner with several
women friends, and we asked for separate checks. The
person in charge of the dining room said, “Sorry, we
don't give separate checks. It's too much work for the:

bookkeeper.”

\'d like to know, are restaurants in business to ser-
ve the -public or to make life .easier for the

bookkeeper?

Now I carry a calculator to figure out each person's
share, Since | am doing part of the waitress’ work, |

leave onl!

a 10 per cent tip. Maybe they think | am

cheap, but t resent this additional chore. How about it,

Ann? Where do you stand?

— Santa Rosa Expression

Dear Rosa: Several pocele wrote to sey they, too,
je

rate chec!

6, "Sorry, ti
tet up and walk out.

s, and the "bett

t's too much trouble for the

paragraph was left out and

readers who wondered “what
is the point?” and asked me,
and for those who wondered
and didn't, let me explain: °

As indicated in‘ the col-

TORONTG (CP) — Fam-
ily-life programs, of which
sex education is an important
part, are in. use in: every
school under the control of
the “Me lit Toronto

“forms —

umn, the cake was'the richest
and best that could be made,
and everyone had a hand in.
its preparation and preseh-
tation. It was the visual
symbol of hospitality by the
entire for “nothing
was too good for the tired,
busy saint.” i
Now the acceptance of
the proffered gift or hospital-*
ity is as important, (ritually,
‘as the offering of it. This -
acceptance may take several
accepting the gift.
entire; acce it i-"*

Christ Child's harid- is, ex-
tended indicating not only

acceptance of the gifts but +

the blessing of the givers.
Therefore, when we children
came downstairs in the morn-
ing, the first thing we ‘would
do was check the cake and
the wine. If there was a small
wedge out of the cake and
dregs in the wine glass (and
it always was, naturally), this
was proof positive that Santa
Claus had not only arrived,
but that he had accepted our
h and would go on

it
cally by placing one’s hand
upon it, or taking a sample of -
the gift offered.
In some of the paintings
of the Medieval masters

his way refreshed. Then, and
only then did we feel freg to
open‘our presenta. | |:
Strangely, or perhaps
not .so strangely, the ritual
with the years long

the of
the gifts of the Magi, the :

_ Family-life _
‘program lauded

tunity” Roman Catholic
schools have to transmit |
Christian values to’ their
children.

“If you_accept the de-

I of the human per-.. ‘#7

separate school board.
Robert O'Neill, the
board's family-life consultant,
said teachers are trained to
discuss sex openly in res-
ponse to children's concerns.
Sister Rita Cote, a fam-
ily-life congultant to Welland
County separate school

board, said it would be wrong -

to ignore “the unique oppor-

son as the goal of Catholic
education, how can I omit it,”
she said. :

“For the past 20 years,
we have learned more and
‘understood more about the
human person, sexual devel-
opment and the importance
of feeling. We've got to take
account of that learning and
impart it to people.” .

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fy) 233 Columbla

It’s

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" Buying and selling pre-owned furniture, applian-

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Phone — use 365-2417
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after, Santa had ceased to be
aphysical entity. The spirit, I
suppose; has no limits either
in space or time.

Sorry to-take so much

time! but-it-was-important.--

*  ‘Johii'A. Charters

her first written work.
“Elizabeth Armour says
it’ took. her siz: months to

xf write the life of Sister Juli-
y ana

longhand this year.
juliana — Everybody's
Favorite Sister, is the story
of a former investment com-
pany employee..who spent
more than 40
Anglican nun. {

+h convent
‘Matthew's

fiuntil 1976,
when she diedsat 75, the
people she canie:\in -contact
with included % mérderera,
psychiatric ‘patients and In-
dians on the Six Nations
Rese ae

rve.
It was in thé last 16 to 20
years of her life that Sister

their garb pick-up oné day garly. Christ:
mas Week (Dec. 22-26). The ‘some. schet ule,
applies for the week of Dec. 29 = Jan, 2."
Woodland Park pick-up will be Dec.°24 and
Dec. 31. Robson residents will have no pick-up

- until Friday, Jan. 2, 1981." see

years as an .

Tough-to-beat features.
af

Juliana began her it

migsion work, both in the —
area and outside Canada, -

Much of her time was spent
with prisoners at the .old
Barton Street Jail in Hamil-
ton, 7
In 1974, she went to

Frobisher Bay as a witness to"

the first consecration of an
Anglican bishop among the
north’s native people.

“Her whole philosophy
in dealing with people was_

that she accepted them as
they,.were, and. where. they
were,” says our. 6

exposure satting. s
* Shock-proof LED readout.
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