‘Paged, The Harald, Wednesday, Janvary4,1984 Canadian da daliyherald: Published avery weekday. at 2010 Kalum Street, ~ Terrace, B.C. by Sferting Publishers Ltd. Authorized as second class. mail. Registration Number 1201. Postage pald In cash, return postage guaranteed Terrace: : 635-6357 os |. Circulation: 635-4000 Publisher - David Hamilton "> Advertising Sales: Nick Walton Editor: Brian Gregg Sports: Don Schaffer Staff Writer-Photographer: Keith Alford . Reception-Ciassitied: _ Circutation: Claire Wadley Sue Nelson . NOTICE OF COPYRIGHT The Heraldretalns full, complete and sole copyright — In any advertisement praduced and-or any editor tal or photographic content published In the Herald. Reproduction is not permitted without the writfen - permission of the Publisher. — The Terrace-Kitimat Daily Herald Newspaper is politically Independent and a member of the British Columbia Press Council.” aan RCTcit actiie San ay Trading: booms _ | Alberta’a supply of crude oil from conventional sources =f will drop by more than 35-per cent during the next 10 years, § says a report from the province’s Energy Resources § Congervation Board. The report, released Tuesday, Bays production will decline to 98,000 cubic metres o day in 1993 from 165,000 . @ubic metres a day in 1983, The board also says: production from large pools discovered In the 1950s and 1960s ‘will decline rapidly and the loss in supply will not be offset by ‘new discoveries. As a result, the supply: froin conventional oil pools in the province will decline to about 56,000 cubic metres a day. by 2007, a further drop from 1993 of 40 per cent. However, an active development program in the oil sands could reverse the overall decline in the province’s oll supplies, the report says. The reat of the country will have to rely on synthetic oll . from Alberta’s oi] sands if oil self-sufficiency is to he ate. tained, says theboard. ‘In addition, it says Canadian’ demand will i increase synthetic crude oil production from 25,000 cubic metres a day in 1983 to 139,000 cubic metres a day in 2007. Significant volumes of crude bitumen will also be produced, largely for markets in.the United States, the report says. a néexk, 15, ot eaiae Titres a day will Géclitid’ gradially-to' 12) eubic metres aday until the late 19908. That will be sine by a mofe rapid decline to 2007, the end of the: forecast period. ! The board also found that current. fiscal and ‘price regimes will result in.a moderate but sustaihed level of activity i in the exploration and development of petroleum resources. : ; ; HEAVY TRADING so : ‘ * Elsewhere ‘Tuesday, more. than three-quarters of a million shares of the Toronto-Dominion Bank traded on the Toronto Stock Exchange, its largest volume of any day in 29 years of listing, A bank spokesman said the heavy trading of 780, a7 shares was sparked by a rights offering currently under way. The rights offering, designed to raise $243 million for the bank in an Issue of new shares, ls the largest ever made by any Canadian bank. > The spokesman said he was confident that large block activity i in TD shares Tuesday (the biggest block was 200,000 shares) represented domestic interest. .“‘However, there could have been buying from Canadian brokers: on: behalf of foreign investors.” + Last month, TD officials urged. buying of the bank's 3 shares in a seven-city tour of European and Asian financial gapitals. ’ * Tuesday's volume In TD shares. was the largest ‘since its . listing in early 1955, when the bank was formed through | a inerger of. the Bank'of Toronté and the Dominion Bank. Previously, the peak daily volume in 'TD shares was 718, 607 . on Sept. 22 1978. ‘ The bank's shares closed Tuesday at $16.63, up 13 cents on the day. Velume included blocks of 300,000, 200,000, 100,000, 40,000, 19,900 and 18,700, all at $16.50 a share. “In other business developments Tuesday: :-—Canadian Occidental Petroleum Ltd. of Calgaty aaidit - bas amalgamated with its wholly owned subsidiary, - Canada-Citles Service Ltd. The amalgamation was ef- fective Jan. 1. All of the properties, assets, operations, Gbligations and liabilities of Canada-Citles have been . transferred to the new amalgamated company, which will ke known as Canadian Occidental Petroleum Ltd. . 7 —Alean Aluminium Ltd. of Montreal said the company should see its profits climb steadily after its $58-mllon. loss in 1982, thanks’ largely to its policy of making its own electricity. Alcan won't say how much it pays for ‘home- thade kilowatts, but sources close to the company place the cost at between three-and six-tenths of a cent a kilowatt- hour. Arecent Organization for Economic Co-operation and ToRONTO «¢ (GP) = = ‘The price of resale howsea in. cannila should rise only probably post strong gaind because of iraptoving « consumer confidence: and relatively: stable mortgage rates, says ‘piodeally this year even théugh sales will, . fr | dis pisectloy.Peisalniag ig denne Jorgen at ae energy ne yeass, the board predicts :the-current supp. ly of of 0 _knowing something about Christianity: et LEVESGUE Peale CAURCHS ze N QUEBEC DURNG VATICAN Vi is 2 | tinue throughout 1084 © as | a aU Bd Rau ioss Aioua was wekcaeaced Atieh ae, ‘Chinaman studies theology — ‘TORONTO (cP) _ A student from China — the world’s test populous” atheistic state. — is ‘studying theology in Canada, . DN ‘dhang Jinglong, who has taken courbes in Christianity at the’ ‘Nankirig seminary, packed’ his. bags in September. and. Ow: is enréiled in a three-year, master. of divinity degree " program at the University « of Toronto:” ‘The’ ai-year-old: student; wha- ‘believes’ he: ‘is ‘the first ’ Chinese.student to study theology outside China, sald that ' while there are profoun 4 differences between belief inthe | Kingdom of God and the classless society, adherents af both, can learn from each other. | “Jesus tried to serve the wounded and the oppressed."* " Zhang learned his Christianity from his;mother-— a: doctor educated in Methodist mission schools.- His father, once a Buddhist, is also a doctor. Lo After some childhood training. aS. a musician, Zhang .- learned’ English by listening to radio programs from ‘the BEC, Voice of America and Radio. Peking. He joined the staff of the Centre for Religious’ Studies at: Nanking University and, after his interest was sparked i in religious matters, entered: the seminary. . Zang said he felt apprehensive applying to the Chinese " government for permission. to:study theology ‘outside the ’. “Communist: ‘ideology can: co-exist with religton"gald country, but overcame his ‘apprehension because the new d-puts ty , clair anna) Cillege. ce ea? ER and equality andthe’ enjoyment: “of material wealth, no ‘explojtation, is very good. . . “Even some Communist party members - 7 fad's ‘a talk with :theni. before I-came here —-are very interested dn _ IN-HARMONY:.. aoe “They even “said, that We don’t: believe, of course, “in Christianity, but:we feel that the: ‘teachings of Jesus. ‘Christ inthe New Testament are good for the people. And. even ; ‘that Is not in conflict —in‘fact, it is in harmony - = ‘with one of the principles ofthe Communist Party by: Mao: serve e the people." vig “Terrorists: tum a PARIS (API — Agents of terror and death, whe long have # : used ‘France ai’, killing‘ ground for external’ disputes, oo appear to have turned against France itself; and the bloody bombings New Year's Eve have Jed many to fear the worst for the future. °°” "International ferroxisin and. murder ‘are > nothing new to i x a ; the Frenth; who for years have-watched as bombs and guns -; felled’ Palestinians, « ‘Tranians, ° ‘Israel, .;Syrians* and Americans and settled grudges between Armenians and Turks or Arabs and Jews. But Saturday night's: bombings at the ‘main’ rallway , -station in. Marseille ‘arid aboard. a-. high-speed: train | travelling from Marseille to Lyon which. killed four people and injured dozens of others may be a sign of things: to come... As the Paris dally Le Matin put it. in Monday’ 8 ‘editions: be the ‘Great Satan’. ‘Of evil in the world.” | | And. it may be the price France must pay for its in- * creasitig role in the Middle East. . Numerous: anonymous ‘callers. have claimed respon: sibility ‘forthe Jatest -bombings,. ranging from those professing to-represent Shiite, Moslems to a‘revolulionary “A country like Fraice must expect in ‘the coming : years to a me Aegeci toi beli sp eqnatitution, Runt cour Hers ie Zhang said ‘the council - - demonstrates: the’ Chinese: government's “riore or less “moderate” approach to religion. To" suggestions that -the-:Chinese government - wants -_ ‘teligion to die, Zhang responded: “Yes, but- when ‘and how? “Sone fadicals during the Gang of Four saidit was time for ‘religion to be eliminated. I don't think they were e authentic ~ Marxists. - “Even now we have argumetis with ‘Communists. Even. a during the discussion of the newly-draited constitution, we | * gtill had. some quarrels with Comtmunists. and radically - minded people.’ meoye against Fre rance - War. ‘That organization: has claimed: responsibility for geveral altacks, hotably the Oct. 29 bombing at U.S, and. French military. headquarters in. Beirut that. Killed about “300 people, a similar attack on an Isreeli headquarters in. southern Lebanoii that: killed 62 people ‘Nov. 4,"and the bombing of the U. 8. ‘Banbnsey ‘tin Beitut on April 18 In which “99 people ‘died. | ‘The day. after a Dec. a1 “jruck- bombing. at a French . regimental headquarters in: Beirut, Islamic.Jihad-an-.. - nounced if. was giving the French and American con- . tingents df the multinational ‘peacekeeping. force 10 days to get out.of Lebanon. or it would make. “the, earth tremble beneath their feet.”” ie : “Many. French newspapers and comnientators. have dwell on the fact that Saturday’s attack came exactly 10 days . - " after.the bombing in. ‘Belrut-and were quick to blame the . pro-iranian organization for: Saturday’ 8 explosions. PTaough powerlul,-the bombs'in St: Charles station and: -' *: aboard the train were nothing like the massive truckloads | , of explosives used in. Lebanon; And so far,. Jglamic Jibad. ' has not manifested itself outside the Middle East, — army against all non-white foreigners. None of the claims ia : ..belng given: credence by palive, who nonetheless ay no hypothesis | has been rejected... WORK OF GROUP | - ‘But speculation ig running high that the bombings were the work. ot a + Sate hated called Islamic Jihad, or "Holy Development report placed Alcan’s power cost at three- . tenths of a cent a kilowatt-hour, or less than one-tenth the. est price for electricity in the United States. That means .. the electricity content in Alcan aluminum is #45 a tonne, a frarked advantage over other producers. The industry average is $300 a tonne. The Herald welcomes Its readers comments: general public interest will be printed. They should be submitted 48 hours In” advance of desired publication date. We do, however, retain the right to refuse to print letters on grounds of. possible libel or bad taste. We may also edit letters for style and length. All“ letters. ip be considered for publication must be - signed. It Is Impossible to print a letter” submitted within 24 hours of. desired publication date. _ SSeS tere Serer ere STOR Es er penae oe “LITTLE ‘ROCK, “Atk: (Reuter) .- Former .U.8. vice: president Walter Mondale sayé if he is elected president he . intends to réduce President Reagan's spending deficits by .j- more than half, within four years. All letters to the editor of <}. During a campaign swing through the US. South, ~ Mondale, the leading candidate for the-Democratic party's “ 1984 nomination, said Tuedday that Reagan's federal budget isheaded toward ever-rising deficits of $200 bikiion a year, | * “{'m going to turn that aréund, he said, “rm going to cut Reagan’s ‘deficits by more than half.” Pressed later by reportérs to clarify his promise, Mon- dale sald he has. Hot. yet worked gut speciile plans tor ‘reductions in’ partléuiar , “As we go along, ‘I will be detaling specific recom: mendations.” —. Asked when he expected to achieve his goal ‘of bringing federal deficits under the $100-billion mark, Mondale said Fourteen people were killed and_ 195 injured ‘in terrorist attacks in France during 1982, but moat of those either | came from homegrown Corsican .or. Basque nationalists or, “were aimed: at obvious political targets, most. of them foreign. And in 1933, the most serious attack was carried out by "Armenian militants’ In a bombing at the Turkish Airlines counter at Only alrport, ‘ain. eight perple and injuring 54. he could not fix an exact date but added “by the end of tne first. term (in office if elected president).’ ad a * As'to where his budget cuts would come from; Mondaie, “paid details would be worked out lateé but: that he did . forésee.savings througlf such means as restrained defence "spending, unspecified new taxes and contabgment of’ hospital and health care costs. Mondale’s campaign’ press secretary, Maxine Isaacs: said this fs the first time ‘Mondale has disclosed a specific detictt reduction goal in d public speech, although ha may, have mentioned it in private interviews: “The Issue of U.S, spending deficits. ‘is. expected to be erate to-the 1884 presidential canipaign debate. ‘Inspeeched in Misaiasipp! and Arkansas earlier Tuesday, , Mondale repeatedty stated his view that record spending * deficits are the main obstacle to a full-scale economic recovery reducing interest, rates and restoring the United’ States to a competitive position in foreign trade. - vo ~and relatively small ‘price ’ “egutious and taking. \wait-and-aee attitude, hoping interest - the average house price elections are slated both in the ame am ed jstbanned ‘ini Chinayretceptve! . Personally, ‘T think this (séarehi for. a): classless society: ' through ‘(he - China Christian“ ‘Council, a government- ».shnctioned religlous” body. OL be a ceceet in 1 984 | increases.” The main reason: for this is: that ‘consumers are’ being rates will fall further. © Claude Root, vice-president of Royal Trustco ‘areal estate it says he expects this stable environment to.con- they are.” Oy ring any unfargeen circumatances, reeale, prices ‘should increase in value on the avera 10 per cent,’ he says. *: ; Arguing U that rates won't rise much this year, most: in dustry observers have made similar predictions and expect $83,000 range, from about $76,500 today. whe they belleve rates will remain stable because general _ and government officials are unlikely ” allow rates te rise substantially higher than today’s levels. ‘In itssurvey of the 1883 market, Royal Trustco noted real ; estate prices rose modestly | and considerably. The exception to that stable picture was in Alberta where the housing recession continued because of the slump in the energy sector, Prices in Alberta have continued to drop’ for the last six months. In other, areas of the country, markets were steady in 1933, consumers were cautious and listings declined. " ‘The quarterly Royal Trustco survey tracks prices of six types of housing units as well as renls and property taxes! In 137 communities across Canada. . PRICES UP , With few exceptions, prices rose in Ontario, Canada’ S largest real estate market. Increases ranged between 1.2 per cent for a two-storey house in Thornhill, just north of Toronto, and 27.3 per cent for a two-storey house in the o Ottawa suburb of Kanata. Current bungalow prices in Ontario range between 4 $48.500 in Sudbury and. $138,000 in Toronto's Kingsway a district. In Quebec, prices w were mixed but generally rising. Adrop _ from prices a year ago was reported for some houses: in: -communities near Montreal and in Shawinigan. and Granby. : Price increases, in the province ranged between 1.8 per: cent for a bungalow in Dollard-des-Ormeaux and almost 7. per cent for a bungalow in Hull. Current prices for a typical bungalow. are $54,000 ins - Beaconsfield, $28,000 in St. Lambert, $66,000 in Hull, 43, 500 in Granby and $69,500 in- Quebec City. - In Allantié Canada, prices rose in almost all communities : ‘surveyed, with increases between £.6 per cent for a two- “storey, house in St. John’s, Nild., and 26.3 per cent: in Fredericton. : Prices for bungalows now are $55,000 in Moncton, $76,500 in St. John's and $84,000.in Dartmouth, N.S. ~ generally by less than 10 per cent. Bungalows in the Win- nipeg area seil for between $71,500 and $02,900, while. . ‘similar dwellings in Reginasell for $85, 000 and in Saskatoon for $75,000 to $83,000 In Alberta, almost all housing prices fell in 1983, ‘some dramatically. The only increases occurred in Grand Prairie, where the bungalow pricé rose 2:7 per cent to 376,000, and in Lethbridge, where, it ros 4,4 per cent,to, aN ceabeateh Die kis ites : ving i Gi: juode: Voli ad ely, aig gue Kaleidoscope _ By Kelth Alford © Ah, Vancouver. : Ah, the lady of the Cockatoos, Ah, Holidays. ‘four years, whether I need to or not, I really enjoyed my _ recent combined business-pleasure. trip. - Evensurrounded by Terrace friends, the differences, between the two towns are striking — and not all of them are. related to size. - When first got to Terrace, I stood around looking like | an idiot at pay phones until 1 got the hang of dropping in the coins after the person called answers. In Vancouver, I stood out that there you gotta put the money in first. situation. ‘paper. Not only is the price cheaper down there (doea anybody really believe it costs about 50 cents to fly those Suckers up here), but if you wait unti} about 4 o'clock you can get today’s news today. The Province has only one edition, But tabs “are for ~ .erowded subways. Vancouveratill doesn’thavea subway and the ALRT line ends in mid-air near College Press, “at every corner store and apartment building, The restaurants are delightful and varied. Where else can one Indulge in eating belly buttons, screamin’ hints, ‘and polish it off with & little chocolate decadence? And all the - while sipping on a kiltlifter.: _Unfortuantely, even in the big city one ishard put to find ta 7 reasinable Prk a jonk to have Sunday brunch. ae ePu just about dead. And trent aeems to be replacing It, no new style te CFTK has a: better looking station than niost in. AB monster building ~ inflience brings that, Tourists, usually. American, can still be convinced the CBC ia really a al Mondale | to. reduce spending ; Christmas lights. But a'heavy snow storm to them. is one - 7 Vancouver, except for CBC which has all to itself and whera ‘the French _ Concrete and glass structure to life, silo, ; yey ts At holiday ‘tine, ‘Vancouver puts ona a grect a show of that still leaves: bare Patches on the sidewalk, |' metddy forgot to tell th ‘anav And v wae ie em Christmas MEANS snow, over a and theTertace snow is going. Fine, sthat is as it mould Taking the time. to put bwo stripes of wood on: your feet rum has always _ just to get to a chalet to enjoy a hot butte atruck meas a waste of gdod drinking tlme. But Vancouver dées have and some of thé more interesting can knowing somebody who hag besn there before. One difference relating to size is that Vancouverites just don’t happen to run into friends, In fact, almost everybody, calls before going to visit someone due to the distances , involved. No one seems to live just around the corner. : Quite a change from taking tive hours to walk a block, in _ Terrace because you meet soman On the whole, I'll take Terrace, t el 80 long until nfy next tip south, 9h, the lady of the eoekatoos, Well, that’s another stor Be by between five mad roe | in Canada to be somewhere In the a United States and Canada, | sales yolumes increased , Most Manitoba and Saskatchewan prices are also. up. . are awl” . eset on seat TS reo a Ceara ‘ . ‘ a ae Being one af those people who ‘got to Vancouver avery _ around looking like an idiot at pay phones trying to figure : “IE don't think the AT&T breakup is going to help. ‘tis: - Neither did Lrealize the Vancouver Sunis a multi-edition : The Vancouver’ Magazine, which we have. to pay $2 for. : when we can get it, is a give away in Van, being dropped off . lad to get back in time for it. The holidays are’ a lot:of exelting sights to ioe - | only be found by But perhaps Kwon walt 7 .