| Coast her VICTORIA (CP) — A whole new fishing industry centred on food herring is on the verge of opening up to Pacifie Coast fishermen says Jerry Spitz, British Columbia Fisheries As- sociation president. Spitz said Tuesday that a combination of factors has led to new markets showing interest in B.C.’s food herring, which in the past have not been a highly- salable item. He said that B.C. has managed to sell only about 7,500 tons of food herring annually, out of a total stock of 450,000 tons. He said the feod herring catch could dole to 15,000 tons this year. He said that, as well, about 80,000 tons of roe herring is caught annually, leaving a “ridiculous” amount left over. “That's a tremendous underutilization,” ht said. “It's a waste.” Spitz said, however, tnat the continuing decline of the Canadian dollar, the ex- tension of offshore rights to 200 miles and a drop in North Sea catches of herring has made B.C, a competitor for international markets. INTEREST SHOWN European and Japanese buyers, he said are showing new interest in B.C.’s herring. “If we can enter into these new markets we could be on the threshold of a whole new industry,” Spitz said. “The possibilities are very €x- citing.” . He said the food herring would require a fall fishery, “and presently we don’t have one in B.C.—it means we could see fishing develop into a yearround venture.” THE HERALD, Thursday, October 20, 1977, PAGE 3 Underutilization ring industry looms At present, the ree herring season takes place in early spring. Spitz said current negotiations with the United Fishermen and Allied Workers Union could play an important role in B.C. securing new markets for the herring. “We have to reach a settlement that still leaves us competitive,” he said. An agreement reached between the union and the association | Wednesday gives fishermen $10 a ton more than last year. A union spokesman said the bargaining committee found acceptable an in- dustry offer of $77.50 a ton for seine net caught herring, up from the price of $67.50 paid last year. Ban murder news DUNCAN, B.C. (CP) —A ban on publication of evidence has been imposed during the preliminary hearing for three men charged in connection with the brutal murder of an elderly Cowichan Lake man last January. Facing a charge of first degree murder are Richard William Smith, 23, of Vic- toria, Steven William Harris, 21, of Saanich, and James Thomas Riches, 22, of Calgary. The three are facing charges in connection wit the slaying of Robert Ferguson, 70, who was tied a chair and beaten to death. Co) —— (0) mmm 0) — (0) a= (+) —= (+) ———— (+) — (] TERRACE CURLING ASSOCIATION y ATTENTION MALE CURLERS Any male curlers who wish te curl but have not yet registered contact... Brian Jackson or Gord Duplisse 635-3981 olI0E 10510 Last Saturday Jona Campagnolo hosted a luncheon for Queen Elizabeth and Prince Phillip aad over 200 professional, and amateur athletes. Recipients of the Canadian Fitness Awards were alse present. Mrs. Campagnolo accompanied Queen Elizabeth to the Ottawa Rowing Clubs Silver Jubilee Regatta later in the day, at Dow's Lake in Ottawa. Rowing teams from all over Canada were present. 635-4229 o=0S—10 1010101010 A tiny, tired woman makes the social rounds By Juliette Proom Herald Staff Queen Elizabeth looked tired on Saturday as she ate lunch with Canada’s top athletes accordin to Juanita Hatton, founder of Terrac’s Golden Rule, who attended the luncheon. “She's a very tiny woman, much smaller than she looks DOUGLAS tin EVA ULE ENANS SENIOR TRUST OFF ER Us Royal Trust atton in pictures,’ said Mrs. Hatton. The Queen is only five foot three and of slender u “Her complexion was pale and she looked worn out,’ said Mrs. Hatton. Iona Campagnolo presided over the affair and sat between the Queen and Prince Phillip. . Prime PERSONAL PLANNING ..a review by Doug Evans ’ Minister Trudeau also sat at the head table, but a few seats down from the Queen. Before the lunch started Ms, Campagnolo welcomed the Queen to-Canada and wished her a pleasant visit. Queen Elizabeth did not address the guests at this time, but toured the tables after the meal was over. She wished the young athletes success and en- couraged them to continue in their sports. When she reached Mrs. Hatton’s table, Ms. Campagnolo, the Queen's guide, motioned Mrs. Hatton to step forward. “You work for people,” was Her Majesty’s query of ‘Mrs. Hatton, after she curtsied, “Yes, I work hard to find people jobs,” replied Mrs. Hatton. Another Terrace citizen attended the sports lun- cheon as well. Thirteen- ear-old Margie Stokes was there as a winner of the Award of Excellence of the Canada Fitness Awards. Will Planning and | will be visiting your area shortly and should you wish to discuss any of these services, you can contact me at Investment Mr. Evans would tike to offer his assistance in discussing the possible structuring of your WIIL, the need for Buy-Sell Agreements, trusts and, generally, to offer Royal Trust's services with regard te helping manage your investments. Deferred Profit Sharing Plans permit corporations to make contributions from profits for employees, providing a valuable tax daduction for the company. When this typa of plan is utllizad along with a Astirement Savings Plan, an increased tax benefit can rasult. Self-Directed Registered Retirement Savings Ptan Would you like to direct your own Registered Retirement Savings Plan? We'll handle all the paper work and provide safe-custody of the Investments you've chosen. Mr, Evaris will be pleased toglve you any information you might require. Caunselling: AGREAT CHOICE. This year, Canada Savings Bonds offer youa great choice. There’s anew Regular Interest Bond that pays interest each year. Anda new Compound Interest Bond that re-invests your interest automatically, earning interest on your interest. SAFETY, INSTANT CASH AND A GOOD RETURN Both new bonds retain the preat features that have helped to make Canada Savings Bonds the favourite investment for millions of Canadians over the past 31 years. They're a safe, secure investment. They’re instant cash anytime. And they earn good interest—year after year. New Canada Savings Bonds are dated November 1, 1977 and yieldan average annual interest of 8.06% "when held to maturity in 1986. Each new bond begins with 7% interest the first year and earns 8.25% interest for each of the remaining 8 years. REGULAR INTEREST BOND If you want a regular annug income from your investment, you'll like the new Regular Interest Bond which pays interest automatically each Nov. Ist. 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It is available in denominations of $100, $300, $500, $1,000 and $5,000. THE CHOICE IS YOURS As you can see, new Canada Savings Bonds offer you a great choice— the Regular Interest Bond and the Compound Interest Bond. Bath new bonds are on sale now up toa combined total purchase limit of $15,000. They have heen specifically designed to meet your savings goals. Choose the one that's right for you. 06% Averape Annual Interest tu Maturity The Chalet in Kitimat on Oct, 24th and 25th call collect. or later in Vancouver, at 555 Burrard Street, Zenith 2600 (toll-free) FIVE YEAR TERM DEPOSIT RATE NOW 9.00 % AGREAT CHOICE COMPOUND INTEREST OR REGULAR INTEREST _—