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. Volume. 74-No. ‘Wa

Friday, May 23,1960

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Who are these clowns? Find out by attending the
’ R.E.M. Lee Theatre’s presentation; of three
selections from the B.C. Fest

People an’ Saturday. Three groups will be.
performing a play each twice for the presen-

Photo by Greg Middleton

Ival for Young

OTTAWA (UPC) — Prime
lending rates in Canada have

. dropped a full percentage
point after the Bank of
Canada announced its hank
rate continued its downward .
spiral to the lowest level
since last September. .
. The central bank slashed

the bank rate by a record |

1,61 percent to 11.83. percent.
-Thursday, The ‘rate is now
“4.37 percent below the peak -
of 16.2, percent. reached in:
early April. te
It. was the sixth. con-
secutive weekly drop in the
‘central bank's interest rate .
—: the’ largest change in

‘history and easily exceeding | |.

the 1.23: percent decline -
registered in the previous

largest change two weeks -
ago. fs

Bank of Canada Governor

Gerald Bouey said“ the.
decline was generated by a -}

“strong expectation : in
financlal markets” for lower.
short-term rates in an
economy. appeared headed
towards recession.

He said the Canadian
. dollar and the results of the
Quebec referendum: also"
contributed to the significant
decrease. 2
_ Within © hours,.-
chartered banks‘ announced
a ‘full percentage. drop in
‘lending rates. — cet

? The Canadian Imperial . |..
Bank:of Commerce, Bank of

” Montreal, . Bank of Nova
Scotia’. and

+

‘By'ALAN JAY =.
VICTORIA (UPC) — The

British Columbia Ministry of

Health is taking steps to’ cope

lee |
‘saved _
from

A’ fire at the R.E.M. Lee

Theatre Thursday afternoon. |

was contained awiftly -
-because of quick thinking
and level-headed action on °
the part of Theatre Manager
Stefan Cieslik and’ two
theatre students. oe
The fire started during a
rehearsal for the Vicki.
Parvianen Dancers show at
approximately 5:16 p.m,
when a-stage spotlight
ignited a large curtain at the
back of the stage. .
“One of thé: theatre .
students noticed it,” Cieslik ,
said. “She called me on the
intercom right away and
said, ‘Stefan there's a fire,”
The other student called |
the fire brigade im-

- mediately. me
The. two students, Tina
Norby and Jay Cline, helped
Parvianen evacuate her
children’ while Cieslik tried
to pull the curtain down,
away from the other curtains

in the thealre.

the theatre at all you'll know
it’s heavily curtained,”’
Cieslik said.. “The flames
‘were licking at the other
curtains behind the stage.”

Cliff Best, the Terrace fire
chief, said that Cieslik was
slill pulling the curtain down
when his men arrived, and
they helped him get it down
and outside. .

Best said that the people at
the threatre reacted very
well to the fire, which could
have been serious.

“After we gat the curtain
cutside we extinguished the
fire with one of our small
lines,”’ Best said.

No damage estimate has
been made, but both Cieslik
and Best said that damage to
the theatre was minimal,
other than the loss of the
curtain. The stage-floor was
scorched when the curtain
hit it, but no other damage
was done. -

ONE PER CENT __

| Bank rate dropping

“Dominion Bank all an-
‘pounced lending rates to

most credit-worthy cor-

Monday by a full percent to
13,75 percent, _
Two weeks ago, the central

porate customers will drop bank rate dropped through

After the announcement, : |

“major

' Toronto: LL

“If you're famillar with *

TORONTO (UPC) | —
The latest drop in ‘the
chartered banks' prime
lending ‘rates is not’ ex-
pected to immediately

~ Charged by credit card

. to 13.75 percent Thursday,

lowering -the rate on‘the
amount’ it charges the
chartered banks to
borrow money." ;
Spokesman for.: the
credit eard services of

’ -department : stores . and
petroleum: companies

decreases: would have
_. little immediate, if any,
impact on ‘thelr charges.

spokesmen said the
company. intends to
‘continue: with its its un-
precedented increase to

$e
CREDIT COSTS |
_. REMAIN HIGH "—

while Gulf and Esso’.

affect interest rates-
companies, =. |.

Major banks dropped,
their prime lending rates.

as the Bank of Canada..
annolinced it -was also.

: VISA, _Mastercharge, |

_ Said the latest round of

A: Shell oil company.

24 percent.as of Aug. 1

spokesmen said it would
be “unlikely"’ for their
companies to drop their
credit rate immediately. «

‘Representatives’ from -{.

“VISA and Mastercharge |
were also skepilcal their
carrying rates would be: -

affected .by the bank.)

rate’s downward. trend,
Both credit. companies

currently charge 1.75°4.-
percent monthly or 21 [
> ‘percent annually for their.

services. 2,
“The current rate only
went into effect May 1.
_ Most changes are planned:
six months “in ‘advance.
* and this recent change is |
- the first one since 1969,”
“said a VISA spokesman.

Mastercharge will’
“probably ‘wait until -
another drastic drop in
‘the’ bank. rate occurs
before changing the rate
on its “cards,"” said’
‘company: spokesman --

¥von Rie,

: last Sept. 10.

with a growing number of
young people in seed of
psychiatric help. -

Although the exact

number of youngsters with
emotional problems ‘is not:
"known; it could in the hun-
dreds or ‘possibly in’ the ©
thousands”, says Dr: John
the:
ministry’s Mental Health —

Gray, -director of

Services.:
“There are indications

‘that more and more children

are being referred. for
psychiatric treatment ‘by

.) theie family doctors," * he’

said in an interview ‘Thur-
sday. © ‘
“We don’t know exactly
how many adolescents in the
province are in need of
psychiatric help for varying
degrees . of emotional
disturbance,” he said. .

‘Dr. Gray said that
although indications of a
steady increase are seen in
the growing number of
problem ° cases being
referred for psychiatric
treatment by family
physicians,’ initial —in-

-terpretation is an influencing

factor, | .

“Years ago, a youngster
with problems might have
been described as a ram-
bunetious or unruly child,
not one who had emotional
problems. —

“That was because people

who were involved with the
care’ and education of
adolescents were ‘not as
aware of emotional
problems iin young people as
we are today.’ _

But the new awareness can

sometimes lead to mistaken. _

interpretation, Dr, Gray
said.

A child who may be merely |:

wilful and’ unruly may be

assumed to be suffering .

from an emotional distur-
bance and therefore in need
of expert help.

“But for whatever reason,
the number of cases of
adolescent referrals is
growing every year," Dr.
Gray sald, .

At the moment, children in
need of help are treated in
existing adult — care
programs. But in the face of
the growing need for an
adolescent program, the
Health Ministry is taking
steps towards meeling the
demand, he said.

One of the firdt is
establishment of a 10-bed
psychiatric unit announced
this week by Health Minister
Rafe Mair. The new unit will
treat adolescent cases from
all over the province.

A new adolescent treat-
ment program will treat
_ youngsters from 13 to 16 who
have ‘behavioural and
emotional problems, severe
phobias or psychosomatic
“disorders, Mair said.

Dr. Gray said although a
t0-bed unit may be regarded
as ‘a “miniscuie’ effort to

treat a growing problem,

Minimum
VICTORIA (UPC) — A
two-stage increase in the
current
wage-rates from §3 an ‘hour
to $3.40 as of July: 1, in-
creasing to 63.65 in
December, was announced
Thursday by Labor Minister
Jack Heinrich, a
The second, stage: of the

. increase will belng the B.C.

minimum wage-rate In line
with the highest minimum
rates now. prevailing in
Canada, he said.
Heinrich = said

of 18 will also increase to
$2.85 an hour July 1 and go up
to $3 an hour on December 1.

Minimum wage increases

have been reported in eight.

Canadian provinces so far
this year, Heinrich said,

No increases have been
reported in Ontario and in

centers

B.c. minimum:

"the
minimum wage of $2.60 an.
hour for people under the age -

ae

the 14 percent level ‘that —
existed when the current
Liberal government took .-
office in February. Thursday
it hit the lowest rate since

At that lime, it Was raized-
to 12.25 percent from 11.75
percent, a level it had

“yeached In July 1979: The
’ interest-rate, cut logse to

move weekly, peaked at 16,2
percent last month.

. The rate is set 0.25 percent
above the average tender for

- $i-day treasury bills at'the —
‘weekly Thursday auction. ©

The bills, a major source of |
federal borrowing, showed
an average yleld:.of 1158
Thursday.)

Canadian - intérest: rates:

, had followed U.S. rates up to

record levels. Money was

- flowing to the higher rates in

the United States, weakening
the Canadian dollar. The fall
in U.S. rates has allowed

‘Canadian fates: to decline:

The. major U.S. banks
responded Thursday to a
cutback in borrowing by
busiriess and consumers and -

- ta plans by the Federal

Reserve — equivalent to the
Bank of Canada — to ease
the supply of money by -
slashing their prime lending

“fate a.full point.

Chase Manhattan, third
largest bank in the United

States, led the drop from 16.5.

percent and wad followed’ to
the 15.5° percent level by

Bankers Trust of New York
po and. .. st
‘throughout,

. Smaller —

banks
the.c

ountry.

Mer,

there were many other
alternatives for problem |

‘children, .

“The unit will supplement

- programs available: through

the Ministry of Human
Resources, the provincial
school system, mental health
and -smailer
psychiatric treatment
units,” he said. ; ,

federal “and Yukon
jurisdictions, he said.

“The two-stage increase
will alert employers in a
gradual way to the im-
plementation of the new

rates,” Heinrich said,

It’s illegal

". CYAKIMA, Wash. (UPI) —
‘What do you do about a

volcano that violates federal
pollution standards? :
“Envirenmental scientists
have been studying the -
discharge from Mount St.
Helens in. southwestern
Washington and have found
that it fails to meet any of the
federal pollution standards,”’
the bulletin said.
’ “Therefore, EPA (En-
vironmental Protection
Agency) has banned any
further eruptions,”

How fit is
your family?

The fitness Family of Terrace will be determined
during the Fun Fest weekend June 21 and 22,

The contest, designed for families with one or more
children under '‘i9 and over six, is open to all families in

Terrace,

The contest consists of five events, and the winning
family will receive a trophy for being ‘‘The Fitness

Family of Terrace."

“The contest runs on Sunday, June 22 at Clarence

Michiel School grounds. |

The events are as follows in the order they will be
ran, first, the two kilometre bicycle race, the obstacle
fitness course, the softball throw, the 100 yard dash,

and the 100 metre swim.

To account for the difference in age of the par-

ticlpants a scoring system has been planned

balance out the scores. .
All families taking

to

rt will receive a ribbon and

those in the top ten will get a special ribbon. Farnilies
pick up extra points by taking part in Sundays parade
and the events at the arena Saturday night.

‘
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