Ag - The Terrace Standard, Wednesday, August 26, 1998 TERRACE’ STANDARD | ae ae store in the Lazelle Mall, A slick idea EVERY CLOUD has a silver lining — especially if you're John Lund. The owner of Slickers Raingear Warehouse in Prince Rupert has opened a branch across from Dante's restaurant. The store sells work wear, casual and children’s rain gear and includes on-site repair and alteration service. Lund opened his Prince Rupert store five years ago and Is hitching his into Al No plans to cut THE CRASH of Asian economies bas cut into Al- can’s profits, but hasn't yet translated into layoffs. And so far it hasn’t dented the company’s considera- tions for expanding produc- tion capacity in Kitimat. The fall in demand for the metal and rising inventories in Asia have contributed to a downward drift in aluminum prices, from a high of just over $1,500 U.S. per tonne in February to $1,330 U.S. last week. **That price is well below what our estimated selling price was going to be for 1998, it definitely hits the profitability of every aluminum company very hard right now,’’ said Eric Sykes, Alcan’s dircctor of B.C. operations. Sykes said despite condi- tious in Asia Kitimat hasn’t dropped from full produc- tion and isn’t holding more than its usual inventory of about two weeks produc- tion, The main affect of the Asian situation has been on Asia cutting can’s revenues production down 40 pei cent in Korea and 10 per cent in Japan — the smelter’s key markets. He added the fall in demand means inventories in that region are building. For instance, Alcan has learned traders in Japan are holding about 400,000 tonnes of metal on the dock at Yokahama — significant- ly more than Kitimat pro- duces ina year. “Everybody in Japan knows that so when you’re buying aluminum you can be very aggressive on price,’’ he added. Sykes noted the weak Ca- nadian dollar helps the com- pany somewhat. While Al- can buys raw materials and sells metal in U.S. dollars, other operating costs are paid in Canadian currency, giving them an advantage over other companies, The director was reluctant to predict what a prolonged recession in Asia will do to the company’s operations. ‘All I can tell you is I have no knowledge of any Consumer | Collection Depot Accepts Product Household Solvents, Flammable Stewardship Program | Liquids, Pesticides, Gasoline & Paint The following Consumer Product Stewardship | Program depot is now open to serve residents of ‘the Kitimat Stikine Regional District: TERRACE BOTTLE DEPOT — ...... | 3120 Kalum Street, Terrace An indusiry-rén | Ph; 635-6909 program forthe | Hours: Mon-Sat 9am-6pm, Sun ‘Ipm-Spm collection, recycling Genvironmentally | Fo» more information, ask your retailer for our responsible disposal “Protec t Our Environme ne’ and "Ee, o-Fe e” oflefiover household brochures, or call rhe CPSP’s toll-free solvents, flammable |. nf ‘on i . _, _ information line at: liquids, besticides, gasoline & paint. 1-800-505-0139 Back To Sehoor Before you go back t ) school this ; year come see us at Images we'll | help you look x your very best! hopes on the return of the forestry industry. price and profits. Demand for aluminum is pians to change production levels,”’ Sykes said. Kitimat expansion study still on track ‘SO FAR Asia hasn’t torpedoed Al- can’s consideration of expanding its Kitimat operations. “You can’t say it has no effect, you are obviously aware of (the downturn) _ but any expansion plans are based on long, term projections,’' pointed out — Bob Vanstone, manager of environ- mental assessment on Alcan’s Kitimat expansion study. ‘You are-looking at 20 years, not the next couple.’ B.C, director of operations Eric Sykes said Asia is still a promising market over the longer term. ‘We continue to believe Asia — with a vast population and a slowly rising standard of living — is going to be a good market, as it has been,” he added, In the meantime Vanstone said the a feasible option for expansion. The initial report completed in June- found that the company’s first as- stant SATELLITE SYSTEM (Not including installation or f - S00 LINES RESOLUTION 5 month +2 TUNER PLP, gac NW - PERFECT VOLUME 0f$3999.99 + 700 LINES f RESOLUTION ~ ULTRABLACK TUBE month OAC org579.99 ~ 600 LINES RESOLUTION s@ ~ULTTIAGLACK TUBE - SUAHOUND SOUND + 24% Z00M - 32x ZOOM ~ AABATIERY CAPABILITS) + REMOTE CONTROL moan OAS +2 HOUR LITHIUM BATT, § ; - PLAYBACK SPEAKER AC - PLAYBACK SPEAKER of $699.95 -3' COLOUR LCD programming) OR VCR eon - 1000 LINES RESOLUTION sumption — a 250,000 tonne capacity smelter, using a particular technology, built on a site to the immediate north of the existing smelter — wouldn’t be workable. Vanstone said they’re now ‘‘step- ping back” and looking at all the “staff on the expansion plan is waiting: ‘basit“assumptions of the first con- to go ahead with resfiguring its inital: x .conceptual engineering report tfind ow ceptual study, then try to come up ith a successful set of criteria. 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When are you giving birth? What do we name the baby? Is ita boy or gil? Does your mother know?" Peggy looked with disgust at Edgar. “You must be out of your mind. We're both going to university. We only have weekend jobs at the food market. We can’t support a child. We can't take care of it. Wea have a moral obligation to this baby. For your infor- mation, it's a gitl, Yes, my mother knows. Wa agreed that I'm going to give birth and put the baby up for adoption.” Edgar banged his head against the wall. “You have no right. | will never agree. I'm the biological father; | am prepared to quil university to get a full time jab. My mother will help raise the child.” Without another word, Peggy grabbed her schootbooks and swept out of ihe room. Edgar called after her, “It's not ending here. I'm going to contest the adcption.” BY CLAIRE BERNSTEIN BASED ON ACTUAL COURT CASES And lost. “tt is in the bast interest of the child to have two stable parents with the means to support her,” But, Edgar came away with something, “You may see your daughter when she turns 4 years old, Edgar” Jack and Jill, Julie's adoptive parents, appeated the decision. Jack and Jill were determined as they addressed the court: “Your Honour, adoption ig a permanent thing. We were found to be the parents that could provide the best home for tha child. We want the chance to make a stable home for Julie, our daughter. Don't make our lives any harder than they've alraady bean.” Edgar was not te be stopped: “Your Honour, I've baen opposing the adoption of Julia from the start, I'm her biological father. | wanted to care for her. She my flesh and blood! It’s bad enough that | have to walt 4 years to start a relationship with har, Don’t take her away from me forever!” Should Edgar have access to Julie? Edgar kept his word. Youl Be The Judge. Then look below for He contested the adoption. the decision: SPONSORED S stoning People Cope with the Legal System” Grant Lindsey Criminal Defence Law #2 4623 Lakelse Ave., Terrace, B.C. Hally Grueger General Law Marshall Matlas Family Law Phone 638-1764 Fax 638-7249 YOU BE THE JUDGE - DECISION “I'm S0ITy, Edgar, but the adoption must be flnad,” the Judge intoned, “Having a stable fe with Jack and Jillis in Julte’s best interests, The only way you can see her la with e permission of Jack and JUL” YOU BE THE JUDGE Is based an actual court cases. Today's ceclaion Ie based on the facts of the case and the lew of tha province of Manitoba . If you have @ similar problem, please consult Lindesy & Gruager. Clare Barnstain Is a Montreat lawyer and nationally syndicated coluriniat. Copyright 1997 Haike Enterprises. 815-3