“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. VaG 4Bs OR 435-9920
Install & Service Gas, Wood 2 Oli Furnaces:

EASTSIDE =
GROCERY & LAUNDROMAT
| OPEN .

7 DAYS A WEEK

To Serve You

WEEKDAYS 8-11 WEEKENDS 9-11

Terrace Electronic Repairs Ltd,
SERVING TERRACE & KITIMAT

8 SERVICE ON ALL
&.
e

MAKES OF T.V.'s
Warranty Depot for
Zenith, Phillips, Hitachl,

nVeeS by

Th
“Uh

ie

PICK-UP AND DELIVERY
SERVICE

tok

«ot x
Hitiecd teat

Phone 638-1768 evenings or
View at 3961 Dobie St."
EXPELIE

Jungle Jim’s Pet Store

—Largest Selection of Fish In the. Pacific
Northwest

—Complete line of small animal and bird
praducts

4438 Lakelse | 635-2104 ‘MON. - SAT: vivania - Spam. BROCK FUGER 3941 OLD LAKELSE LAKE ee
YOUR FRIENDLY CONVENIENCE STORE 4623 Lakelse 605-454 “— remmaees Be Pe
FOR SALE GLACIER be
PRE-FABGREENHOUSES || [4% 4418 Legion Avenue Smooth Sailing
$108 and up. rT A a5 Terrace, B.C. to the t
BAKKERS MODULAR STRUCTURES | | oo : Py ee

Ss A Complete Glass and

Aluminum Service

3212 KALUM PHONE 835-635;

stteal

cas Cleaners Ltd.

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