“OTTAWA (CP) — i ts pn of Cadi ” dustry Increased during the -... first quarter of the year by a -Gtaggering 68.3 th de cent compared same orig lact lact year. : ths cs 2. Wedonnd rata quarter qs : pot ev i t least five - setae 2 sucha this is known : asa “break! _ increase which occurs once . few years and pushes cofits ‘oe new level. e reakthrough Was. in the late 1078-early 1074 period, he sald, The profit figures released: Wednesday show tha .. Theinerease tn prota aaa” -much larger than the jump ~'‘p In sales — 17.6 per cant: — the quarter. 7 In terma this was a $5.8-billion increase, to $39.0 profit Pertted 8 t during ~~ the. three-month period © ; ‘ime . Profits for paper and : forest products Increased by —. -almoat SH per “ent — to§$02 million d ‘Dillon this year from’ the’ firstquarter figure of §75.4° biillon in 1678, Ths chief contributor to in-. creased industrial profits was the manufacturing | sector - heh ab a yhele cent. in- cee sflquarter ts. compared with last Total after-tax | radlt “thie: first three mo the year in manufactur: was $1.9 billion compari with $1.1 billion for the corresponding perfod in 1978. Several industries were. noticeably above the rest of ‘the manufacturing sector, Wood and furniture in- ‘dustries reported a firat- quarter increase in. profit levels of almost 900 percent, “This year's total of $146. ‘million compares with $58 million in 1078. cant to. $288 mailiton fem - $104 milllon during the first quarter of 1978. “Metal fabricating, whleh is Bteel, showed an” ease of more than 100 the first quarter of 1978 from $82, million = for’; the STOCKS corresponding period last — Profits for’ machinery “plants almost tripled to SH He’ s the oil recycling genius VANCOUVER (CP) — “Ray Nye, a businesaman whonevar got past Grade 9, ‘ls partcof a univeraty research team trying to find a new way to safely recycle oll, Nye, 52, owner of Wills Oll Co, haa heen operating on 4 $10,000 Environment Canada ‘grant at Simon. Fraser ‘Univeraity da suburban Burnaby, He has heen recycling all aince 1980 but - recent developments have forced him to find 8, norrpolluting _ syatem. | “The we use {0 re- ¢ycle oll leaves and acidic sludge,” said Nye. “We've been dumping about 600 ~. gallons a week of it In landfill sites for years but the city is concerned because of the low - million compared with $4 miliion million for the first quarter Textiles and knitting, Nye wor -& reprieve from the edie! but later app”: theresearch grantand asked SFU for help, The univeralty . went one ter Nyo was ‘asked to te, The act ig Iter syatern now used at Wills Oil not only generates ‘sludge but haa- difficulty extracting some of the new additives found in ‘modern ‘oils, Nye hopes thee proceas he ls working on will allow him to recycle the oll ‘and reclaim the additives — -mostly lead. ““TWVe are looking at an elec- trostatie precipitation method for oil,!' said Bruce Croagrove, a 26-year-old science student who is working on the project. “In simple terms, we charge the metal wwante Thad to stop dumping it Last water table and they told me - particles and then try to draw them out of the oll anto epring. _& plate for disposal.” _~ . Busi ness. profits are 1 up by 58.3 per cent. rcont-in- + Mining, however, tec pte oniroma a era pene below the tha firat-quartee figure of 932 al average. Ite first: milifon last year. quarter jump In profits wan In addition to anly there were fou oil ie SE ira coped W reclaiming plants in the ces anoiler — compet ‘Vancouver area. He's the fro from Mobawi Oty amnlah ms to a on re- Pefining plant here this fall, “sma The Herald, Thursday, May 17, ™ Page 9 PELLEVE Ty cota r a 55 par cent, bri profits tributed much forthe threat on oa nant $750 mililon. Economists have at- strength of manufactures in recent months to last’) devaluation of the do “ "Hh Tae rat OIE real : a 5 Bava Tata PhS one left, with prices ‘ranging: fom ve sella his recycled oll 91.25-91.40 & quart fof, selost for $1.24 a gallon compared brands of woused of]: peeeerrs wat Sune ie FOrmer Hughes loses bid or the technical ability to VANCOUVER (CP) — ay eer ayo tt Federal Justice Minister Marc Lalon signed an we can improve e the process extradition order against with minor alterations and John Mel fi to cut costs through the resulta o ef, Stormer ace of ourresearch, we abould be Howard Hughes. able to compete. Other companies haven't which bega at oie} fared ao well. When Nye en. when the stale of Utah asked ‘the «tered the business. in 1960, for Mefer'a extradition. The signing ends a rs fo ary, lal in eannectinn Meier has been living a Meier said, however, “he Tsawwassen, aouth wants a change of veme:He Vancouver. sald he wil hot have a Se Meler now will be sent to Mormon ebireh i ogana Utah to face a charge of ob- him, so an im - truction of justice will be difficult to find, wil dealings of one of He ma to ask the U.S. the companies owned by the PE eal to allow hip case late bulHonnaire. to ba heard in Seattle,” friends for life The Canadian Red Cross Society . eee an ae) of! ‘the - TORONTO (CP) — The Toronto stock market was thoderately lower at the close of sioderate trading * Wednesda The TSE $00 index dropped 1.56 to 1,453.01. . The market was in Ilne with a lower trend at New York, but failed to follow its late rally. Volume was 3.37. miilion compared with 3.23 miilion Tuesaday, ‘Among industrials, Algoma Central Railway fell % to $244, Domtar % to $2544, Canadian Tire A % to $28%, Fruchauf Trailer % to bh and Bell Canada % to Va. . . Vulean Industrial Packaging rove 1% to $9%, ; Falconbridge N Nickel Alto, ae At, $2.76.01.19 $58, Home Oil A iMate. ale ae orth Hart ‘was-u yu 25 Trimac A’ % to $9154" an Standard Indistries A x to * Dome Mince loat 4 to $129, -- Numac Oll andi Gas declined 15% to $26%, Ranger’ Of Canada \% to $22% and Ocelot Industris B % to $19%, Coseka Resources advanced 14 to 8% and . Bonanza Oil and Gas % to 6%. ‘VANCOUVER (CP) — Prices. ‘were mixed in moderately-active. trading Wednesday on the Van- couver Stock Exchange. Volume to close was 2,482,036 shares. In the industrials, Mace Milian : Blaedel was un- ‘changed at $23'on a turnover. of 3,625 shares, International Tonare was down O4 at 340n 3,582, Ambassador. was... ih unchanged at.600n3,250and “J ‘Déon Development waa un- changed at $11 on 3,000. Saratoga was off % at $5% and Canadian Javelin was up 1b at $1.60. ‘ On the resource and development board, St. Elias was unchanged at. .46, trading 250,000 shares, Temag Oil was. Un- on 51,200 and uk en Gate was up .14 at $1.12 on 50,300. Omni Resources was un- changed at $2.91 and Rio Plata was unchanged at .67. On the curb exchange, Edina International was up 01 at .83 on 49,4) shares, Poney Explorations was off 01 at $1.18 on 39,700, Gold Angel jumped .11 at .90 on 37,500 ard West Provident | slumped .15 at $2.25 on $3,600. Futura Energy was down .10 at $1.99 and -Tampico Development was down .07 at .23. EARNINGS By THE CANADIAN PRESS Campbell Red Lake Mines Lid, three months ended March 51; 1979, $4,961,000, 31 cents a share; 1978, + $3,600,000, 23 cents. Canadian Supertor Oil Lid, three months ended March 31: 1079, $20,627,000, $2.25 a share; 1978, 917,047,000, $1.87, Claiborne Industries Ltd., six months ended March 31: 1979, $56,101, four cents’ a share; 1978, $26,548, two cents, -. Colonial OF and Gas Ltd, year ended Dec, 31: 1078, 9265,-085, elght cents a share; 1077, $31,747, lose, . Consumers’ Gas Co., six months ended March 41: _ 1979, $87,599,000, $1.75 a share; 1878, $37,614,000, $1.75. Costain Léd., three months ended. March 31: 1879, $964,000, 18 cents a share; 1978, $1,454,-000, 69 cents, Dome Mines Ltd, three - months ended March 41: 1979, $10,628,000, ~ $1.62 a share; 1078, $10,090,000, $1.70. Dominion Dairies Ltd., three months ended March S1: 1979, $969,149, 48 cents & a. share; 1978, $1,366,717, 58 cents, Dominion Stores Ltd., year ended March 17: 1979, * 924,077,000, $2.81 a share; 1078, $20,836,-D00 $2.44, Fathom Oceanology Ltd., year ended March 31: 1079, 9202,000, 20 cents a share; 1078, $187,000, 10 cents, Federal Ploneer Ltd., three months ended March _ Sh: 1970, $1,290,507, $1 a share; 1976, $1,-656,908, $1.37. ' Gas Metropolitan, Ines .' three months ended Ma G1: 1978, $8,064,000, 75 cous a share; 1978, $8,417,000, 82 oaranty TrustCo. of Can- ad, three ‘months ended March 31; 1078, $802,000, 7.6 cents a share; 1978, $4,911,000, 17,1 centa, Inland Natural Gas Co. Lti., nine months ended March 3h: 1978, $5,181,157, $1.46 a share; 1978, $4,681,334, $1.28, ITL Industries Lid., three months ended March 31: | 1879, $458,000, 26 cents a stare; 1978, $107, 000, nine Northgate "Explorations Lid., three months ended — March 31: 1070, $1,249,000, 18 — cents a share; 1978, $356,000, - five cents, ' Peerless Rug Ltd, year ended Feb. 28: 1979, $9,591,300, $1.76 a share; 1978, $1,089,700, 53 cents. Hugh Russel inc, three months ended. March 31: 1978, $2,189,000, 73 cents a ‘share; 1976, $615,000, 22 cents, Simga Mines Quebec Ltd., three months ended March 31) 1978, $1,3300,000, 65 cents a share; 1978, $528,000, 41 cents, Spar Acrospace LtiL, three months ended March 31: 1979, $587,000, 26 centa a share; 1976, $495,000, 24 cents. Trimac Ltd, three months ended March 31: 1979, $9,499,-000, $1.40 a share; 1978, $1,968,-000, 82 cents. “VAP Inc., three months ended March 31: 1979, 3,000, 28 cents a share; 1978, $189,000, loss, 19.76 cents, Cornat Corp.,’ three months ended March ‘31: 1970, 95,741,-000, 96 cents a share; 1078, $2,-264,000, 48 cents. pecan cela MR. FIX-IT APPLIANCE REPAIRS 3781 Paquette St. Terrace, B.C. . Phone 635-9205 WILFRED HOGUE VANS CONTRACTING Furniture Repair ~ Restorations, Hope Chests Custom Made Furniture Refinishing j General Building Contracting 635-5585 2610 Kalum St. Terrace For Your Ad. ANNUITIES ——Estate Planning —Mortgage Insurance —Business Insurance Educational Funds alt Brian Montgomery Representative Business Manulife 635-9936 The Manuf Life Ir ” Business’ 635-9236, a a oe , ‘as Ct TP ON Al he STORE TAL HAS ERT! 635-3346 “nl Dabs 3992 D WATCH FOROUR COLUMN ‘ASK KOBE’ OLD LAKELSE UX RD Plumbing - Heating - Commercial Servicing Residentlal - Industrial - Specializing Gas Fitting and Sheet Metal Shop Charlie Belanger -PLUMBING & HEATING LTD, “roe "Unique Bathroom Boutique’ 44% LAKELSE AVENUE Ane: sie chad Ce retttotdper sere P.O. Box 534 PHONE 635- osip TERRACE. B.C. 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FOR THE BEST IN SUEDE AND LEATHER CLEANING . 2 LOCATIONS 4404 Legion Avenue and Mini Mali SMALL. APPLIANCES - LAWN MOWERS. , RENOVATING - BICYCLES-ETC, Hand-man Unlimited: ; (Next to Mr. Mikes) Call BILL or DALE 943 Mountainview - 4607 LAZELLE AVENUE 638-1864 635-2838 436-8277 or 4359947 Terrace, B.C, , — Pro-Tech Electronios Engineering FOR TAX RESIDENTIAL Phung’ uoTRVATER SERVING TERRACE & KITIMAT mo SS We Service All C een ciate BILLS TAX SERVICE lan’s r Nexting arra Saye soundgn, Kenwood 4920 HALLIWELL AVENUE TERRACE ree Hammond Certified Technlelon 10 00 a.m. to 10: 00 p.m. 1308 KALUM 425-5144) Phone 635-3971 2+ 4717 WALSH AVE. PHONE 638-1466 TERRACE, B.C. Call us at 635-6357 9 to 5