os Top Caledonia

raue Writer”

oy avons. — Claudette : We naa -up “the
| awards lst for Phora

| Junior’ ‘Secondary

School, taking +

_ 7 the Best Allsound Shident award along with: the: Best All: 6
soup round. ‘Academic’ award for ‘Grade-10° female’ atudenis. -
Robert Holtaiyd received the top award for Grade 10 males,

~ Sandeck| and Holland also made thé honor roll for’ Grade,
10 students all with Joan O'Brieg and. Heather Greening

wn can Hersld Staff Writer :
mE RRACE—- While hundreds of “other students won
me irda Debbie Carson was named top Grade 10 student,
d Amarjit Pannun was named top Grads il student for
"Mate Ringuette, who placed first in the bth annual euclid
niathematica contest, across Canada, recelyed thearts and —
" sglence. program award. Bonita Young received the
education program award. Suzanne Pelletier -
‘received ‘the community services program award, Frank
Freiburg received the industrial education program award.
Mare Ringuatta received the $500 John and Ellen Bastin
Memoria] Scholarship and the $100 Caledonia Senlor
Secondary School scholarship. He and Trish Philpot were
given the Caledonia Outstanding Student awards,
Trish Phulet received the $500 Centennial “Lions Club of

“REGINA (CP) — Mineral ‘Resources Minister Colin
Thatcher announced incentives Tuesday that several. oil -
industry spokesmen said should help bring explofers back
to Saskatchewan.

“The initiatives are designed to provide necessary in-

. céntives for the industry during a difficult period, while
: ensuring that the province retains its fair share of oil
; revenues,” Thatcher said.

. Under ‘what the minister described as the worst scenario,
projected oil revenues of $796 million could dip by $35
million this year in Saskatchewan, Canada's second largest
oil-producing province after Alberta.

‘But he said what Saskatchewan loses in revenues because
of a lower royalty rate, it should make up in volume from an.

_ active industry:

VICTORIA (CP) —1t's technically open season on trout
until July 14, and fears are, mounting that some of the
300,000 B.C. freshwater sports fishermen will take ad- .
-vantage of the legal loophole. -

“It's as though you told people that the alarms in jewelry
stores have enh a" ‘saya RCMP Conbtablé Tors

Cshirsw

Edw. ds of
eae iene eg ABR ER HART ov BP Tl

"and depleting the fish stock ," he said, “That's why we're

trying to keep it hush .
The loophole was opened when Ottawa neglected to pass —
new freshwater fishing regulations into federal law in time

_for' the start of this year’s season.

_ AS a result, provincial conservation officers have been
forced to bluff sportsmen into following the regulations,
‘said Environment Minister Stephen Rogers.

_ ‘The loophole won't be closed until the regulations appear
in the federal Gazette, Rogers said, and Ottawa has sald
this’ won't happen until July 14. -

Few people have known about the loophole for ‘the past

'. . four. montis of tthe season, said Ralf Aldrich, chief con-

servation officer for B. c.

With eight days to go, “Aldrich hapes that ‘people. will co-
operate. in the spirit of management of the resource -~.a
little peer: pressure might help.”

“If the fishermen ignore the rules this year, there won't
be good fishing. next year,” said Rogers.

Blows felt

Canada’ s major banks, already suffering” “under soaring ~ .

loan losses and falling profits, have been dealt another blow . .

- by a bond-rating agency which has reduced their debt from

an impeccable triple-A rating to a more modest'double-A.

-Dominion Bond Rating Service ‘of ‘Toronto, which ,

evaluates the soundness of companies that. borrow through

such instruments as debentures, says it lowered the banks’

~ ratings because of the weakness of the Canadian economy
and the-high ‘concentration of bank loans to particular “
companies or industries.
These companies not only ‘included debt-ridden:‘Dome ©

. gained the most publicity, but various other companies that
are also overextended, the agency said. ; ;

Asa result, the major banks could no ionger live up to'its
definition of a triple-A borrower.

However, Dominion Bond's president Walter Schroeder
"said although the banks’ ratings have been reduced, they
are still considered to be superior credits in Canada and
chance of bankruptcy or insolvency is remote.

- In-another development, car and truck sales in June by: -

- Canada’s four major automakers rose over the: previous |
month but were still much Tower than in June, 1981, com-,
pany figures released Tuesday show. | 7 :
” mhe figures: indicate the four major manufacturers. _

‘General Motors of Canada Ltd, Ford: Motor Co. of Canada .

“Ltd. Chrysler Canada Ltd, and Amer an Motors (Canada). .

: "> gelling-:month: Those figures’ ae.

‘Ine, — sold 76,374 vehicles in, Jun faflilionally a-strong .:

Per:
: May buit..14.7. per. ‘cent | ‘below, June, 1981; levels.

‘Tuesday's ttigures. come a day.” atten Statistics Canada| si ie

i reported Japanese: imports’ grabbed ‘a ! $5-per-cent share of -

mp igi to ‘slow their entry through.

“car sales in the month: were 1,917, compared with 62, a74

he year
Motors Jeeps). fell 'to.14,718: from 25,815.

‘In other business. news Tuesday: | :

“3—(The Canadian dollar: was pushed, lower by rising

American. interest rales and. closed. at..77.35 cenls U.S.,

almost a quarter of a cent below Monday's final of 77.58:
cents: However, money traders said the fail might have

' been worse but for Statistics Cunada’s report the country...

had a $. Sét-billion trade murplus in May.

7 while Todd ‘Young received the hore award. Hester Flew,

-an interview: ,

provincial production is classed as marginal, producing an

- about $2-a barrel, Porter said. - -
. The program is heavily weighted in favor. of heavy-oll
‘development because the provincial government is com-

- chewan. The $1-billion project will exploit the province's
_ huge heavy-oil deposits in the Lloydminster-Kindersley

; Sandecki (

Diane Morehouse: received the bet all- round academic |
award for Gradq 9 female atiidents, while Todd Tieschuk *
“redelved th

Boudrealat, ‘Marcle: ‘dackulack, Connie. -Rausehenbatger "
‘and Joslanne Cam. ~ ;
Michele Smith took ihe academic award for Grade 8 z

students: receive
‘Terrace scholarship, and the $100 Ken' ‘5 Phete Studio Lid.
Scholarship, —

Robert Lindhout and Leanne McChesney each received. a ;
$300 Kinsmen Club of Terrace scholarship. Robert Komloe ©

and Eric Metzmeier each recelved a #900 bursary from the.

Dudley G. Little fund,

Massimo Durando ‘received - ‘the Han G.: Muehle
scholarship of $300. Patricia Kamphaus received the $250
Judge C. J. Norrington scholarship sponsored by Terrace
Rotary, | Scott” Jeffrey received the §300- “Northwest
Education 83 Foundatlon scholarship,

- Denise Kenney and Evelyn Porter each received $1,200:

Royal Canadian Legion Branch 13 bursaries fund by the
Frank Morris Estate. - Christine Timmerman received the
“cost of, uiltion, | Denise Kenney and Margaret McDaniel

Saskatchewan baits explorers

The incentive program reduces royalties on all types of
-ail, provides royalty-tax holidays of one to five years,
depending on the type of well, for wells drilled between
June 1, 1982, and Dec. 31, 1989, and offers incentives for —
_companies which spend money to maintain or increase
" Production on existing wells.

- John Porter, managing director of the Independent

Petroleum Association of Canada, told a Calgary news
conference the program will help revive ‘Saskatchewan’ 8
small but significant oi] industry, .

Jim Sullivan, Saskatchewan chairman of the Canadian ©

Petroleum Association, described the program asastepin fi

‘the right direction.
“There is some rellef for. the heavy-oil area and wells
producing under 10 barrels. a day whieh I'm sure will help

~ he: said.

But Opposition énergy critic Jemey Hammersmith said j in
‘I'm not one of those who believe that Imperial Oil, Shell
or Gulf Oil are suffering or are in danger. of going broke.”-”
Thatcher. sald 45 per cent fewer wells were drilied in
Saskatchewan last year compared with 1980. ; ;
Independent Petroleum Association figures show 792
wells were drilled in 1981, down {romi,570 in the previous

year. In the first six months of 1992, 260 wells were drilled.

Thatcher also said light-oil production in the provincehas ff

been running at half capacity for more than a year. ,

The Independent Petroleum Association said this move
recognizes the high cost of heavy-oil production.
- Porter said thé fregram will come close to achieving the

association's target of an average net return to producers of - ,

$5 a barrel from Saskatchewan wells, About 80 per cent af -

average 10 barrels a day. ;
Previously, net return “Fanged from a minus figure to -

mitted to building a heavy-oil upgrader plant in. Saskat-

region along the provincial boundary with Alberta.

male award joinging on the honors ‘themi'roll ”
for that grade were Arlene Renaud, Susan Welasner, Marie

- Camilla ba Krista: wae and cae Hansén Joined .
them én the Grade @ honoura rill.” .
Brenda. Webber ‘received the’ itizenship award. aa

from Grade 10, Connie ‘Rauichenterger, Marcle Jackulack
] Ken Brinkacfrom Grade 9and Michele Smith, Todd Young
and, Hester * Flewin:. from ! my Grae. a recelyed ° -apecial
mathematics awards, :

‘many awards

each received a $350 Terrace and. District. Arts Comet +

‘scholarship. Denise Kenney and Margaret McDaniel each
Terrace Talent Educators scholarship. -

Association scholarship: Also receiving ~a~teachers’

scholarship were Judy Healenfeld ($250), Minh Ly ($509),
_Linda McConnell (4900), and Teresa Weismiller (§300),

Wayne Bolton received the $900 Tertace and District

* . Credit Union scholarship. Sheri Brown and Jennifer Smith

each received a $44 Terrace and District Medical Society
scholarship. Lynda Millar received the $100 Terrace Art
Association Scholarship. Karen Kuechle received the $500
Terrace Co-operative Association scholarship.

Brian Shaw received: the $500 Walter Yeo Scholarship.
Lanita Shelton received the “Rotary Shield for Social
Responsibility and School Citizenship sponsored by Terrace
Rotary Club.

Trish Philpot received the athletic service award, Colin
Parr received the most sportamanlike athlete award.
Linda McConnell received the outstanding female athlete
award and Eric Metzmeler received the outstanding male

-athlete award,—.; .

‘Lisa. Schathanger, Trevor Gleason, Sean: ‘Moldenhaver :

+
ty

" Kofoed, Kathy Watnough,
worth, and An

“ihe outs j ward | }
2 Moorehousé while: the most improved. musician award went

\,

t poy

awards lis

"edi WMeivy “Réadée" awards st 40 Christine

we Moermari.

to David Broome. 7."

a ° Josianne Cam, -Susain, Stanbury, Lisa ‘Schathouser, ‘and

Claudette Sandeck! all received. Terrace. Little: Theatre

" awards, .
‘received $1,000 board of school. trustees | (Terriite)""
scholarships, Margaret McDaniel. received the $100:

‘On the athletic” aide, Ken Hoills, Stacey Cooke and Joan
O'Brien took the best all round athlete awards for Grade id*

_ students, Mike Gunn and Susan Weissner took the top spots .
: Kaeleen Bruce received a $300 Terrace and District Arts -
“" « Coimei| scholarship and a #200 Terrace District Teachers’

for Grade. students-while-Kevin-Moldenhauer and Val
Bahr ‘die: the same for the Grade B's.

re

Bahr also took the top award for junior girls volleyball ‘A’ -

_- while Lisa Schafhauser took the award for. the 'B’. division. ;
Hester Flewin took the Grade 8 award,

In junior boys volleyball, Ken Hollis took thé KY award:
while Mike Rouw took the ‘B' trophy. James Weisaner took
the Grade 6 award:

Bahr also took the Junior girls ‘A’ bakeetball award.

Stacey Cooke took the boys ‘A’ award while Terry Barber .

took the 'B’ award. Kevin Moldenhauer took the Grade 8

. boys trophy.

Ken. Hollis received the. badminton gward while 8 Stacey

‘Cooke took the track and field equivalent.

Robin Jean received an award for athletic service while
Diane Morehouse and Susan Weissner recieved special
sports development awards for badminton, =

The Murdoch-Dillabough leam received the Thorabill

a Jogting award,

OFF

8

AN Groceries...

at t Howe equi ernirs Hetluecey bap eesia bas zene
a

Price Busters |

(Terrace Only).

AN Stock MUST GO For Renovations

{Store will be closed July 12 and reopened July 13)
| 4662 L Lakelse OPEN ¢ 9-6 Daily | 9 to 9 Thur. & Fei.

pet! cent higher than’ :

. ‘the new car; harket | in May, despite the start of a govern- | ,

before, “but: truck sales (including , American .

s

~~’ Petroleum Ltd..and.Masséy-Ferguson:Ltd.; which have | .. a

Fashion T-Shirts .

- Spring Oistorwoar
Spring Dresses .-

‘Infante’ & Kiddies’ Short Sets .

LITTLE GIRLS’.

Ladies’ Slacks and Knickers ... 152
“BP, 59
‘Summer Blouses ...  9°9,, 1 329
‘Shoris, Tanks & Halters 4 99,, 499
~ Short Sets & Rompers 6°? to 1199
1 2°9,, 2499

10°9,,24°9

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ROMPERS

and

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Kiddies’ 2-6x Tank Tops . 7 q92
Men's Extra Special Value | be
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Men's short Sleave. Knit Shirts...

S/S Fashion Tope .. aeeee TG
S/S Velour Tope. oseennees . 16

S/S Sporthie erostiathaees a ae

SELECTION VARIES FROM STORE TO STORE ;

472) LAKELSE AVE.
63-5051

gt 2th 1p nanos pone ens

CASUAL
PANTS
40

10
Clearance ot
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Kiddies’ & Girls’ Headwear 99° Men's Headwear ... | |:
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Men's ‘Jogger’ Sweatshirts. . sate ?? ny
Boys’ 6-16 Tank Tops. |
€-16 Swimwear .....
Boys’ Headwear;

€-16 Shorts 2s te. “gear
$/S Knit Shirts wha daudawacaseeen 39°
£-16 Sweatshirts. TT id

CLEARANCE of ALL our SUMMER SANDALS: Ladies’, | Men’ 9, Kiddies’ and Infantst aniaeae 3A oe

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vie @ Mercure: Keith woot . me or

* : ‘
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