- Business 3 is

trader who thrives In the
highprecpure world of
sometimes ‘spectacular
cans sitng alc losses.

“Eye my
business one way or the:
other," he anid at his deek at

"Bache Halsey Stuart Canada
‘Ltd,, a downtown Toronto

commodity firm,
Barthouskes a change of
government, crop failures,
war, = “the (nformation
comes fla 4n here and

it's like the nerve centre of.

the world.”

er deak is covered with
- per — Bold quotes from
urich and Hong

the latest eatimates cf

on sugar production,

' Warehouse stocks of cop

i New York, cattle rece
|
atockyards, He t eds it aL

Bicknell regularly works a
ia-hour day and some
weekends. My schedule |s

rough on fa Ife, But It's
not a fen much more
a

than It's such a
business. That's
an Lat do if,"”

The 43-year-old native of -

England went into the
commodity business in 1068
after a varelty of jobs,. in:
cluding comptroll er and
nyatemns ana analyst,

Life for him

‘TORONTO: (CP) = Some:

| people get et pilcers. Chris

Bicknell Ar a onnmodity .

The first years. were lean,

Until 1078, he had. to

moonlight as a bookkeeper,
Today, he handles aboug 50

active accounts and his
‘ ellonts have a total ‘of bet-

ween £750,000 to $1 miliion
Invested at any tine,
woe ave. to.be oer
eman or av
hard worker to fucceed in
this business,” says

‘Bicknell. “I'm a worker.

"A good = commodity

salesman knows all. the -

markets, and there's
probably’ fewer than two
donan brokers in this country
knowl.

caeatie.”

By mid-morning, Bicknell
has placed a dozen orders
The Taior. North American
marketa are open and he
scans the trading activity —
flashing quotations ‘and
streams of paper from

stype machines, -

“You have to know the
sentiment of the market. It’s
not good enough just to read
the current research. You
have tohave a feel for what's
golng on behind the scenes.’

Does he worry about the
lnvestmient, decislons he's

“Instead of developing
ulcers, I just lost: my hair.

But yes, I worry about :

whether my judgment is
correct, and I feel terrible
when I make a mistake,”

EARNINGS.

By THE CANADIAN PRESS

- Dickenson Mines Ltd.,~

three months ended March

“SL: 1979, $287,000, 7.2 cents a

share; 1978, $452,000, 13.8

“aa. Kotla Mines Ltd., .

three months ended ‘March

“81: 1879, $127,000, 2.8 cents a

share; . 1978, $75,000, 17

cents.

Liberian Iron Ore, Ltd.,
three months ended March
$1; 1979, $1,273,000, loss; 32
cents a share; 1973.
$3,532,000, 85 cents.

MB
SIGNS

OTTAWA (CP) — The the public service itself, companies, bald the industry .
fisheries departmenthaslost Donald Tansiey, the “needs. people with. exe.
at least four senior officials da fisheries “mints perience in in, fisheries who -

DEAL toprivate industry In the last ian products: .
* few months and more could be concerned If many more oto. mead markets,’
WI TH be going. of his top management tedeead department has
Noone is surg whether the pecple are lured. away.
: . departures indicate a worl = “’dhatetobeina position
; CHINA some trend for Jim whereweare being cutbl te It is hard-to ony wisether’
- |) McGrath, the new fisheries industr vba sala, He didn't the industry will seek more-
VANCOUVER (CP) —] minister, think the departures were officials “but as tha industry”
MacMillan Bloedel an- But the less of more of- ataif morale, {he firms a be
nounced ‘today it hasl jicials could jeave big holes Dav 2 Bolivar is resigning * Feng to thers,
signed @ long-term con- | inthe department which has =" ~ ssciate director of In- bat 2 ube

tract to supply '‘aub-

stantial annual volumes near-controh over com-

mercial fishing off the: wast

of bleached and ra - and West Coasts.
bleached kraft pulp to Since the virtual collapse
People's Republic “a of the Eat Coast industry in

1o74, the fisheries depart-
ment has assumed a greater
role with the introduction of

The con has sold
pul to Ching’ at times

the last'20 years | the 200-mile Ilmit, flsheries
but the present ed treaties and quotas for
ie the atom domest ¢ an foreign
ent to a con <
long-term agreement,’ : a ' rte a bsng ron
Peenident Calvert Knud- | ° by -the industry
revinelal governments
Krudsen said that ae think that the policies
China, with its mew! sectioned — Romeo
em has ee anand LeBlanc, the farmer federal
one ration ha minister, are restricting
ee ¢ expansion, o fisheries, ane of the few
come more open growth segments in the
long-term agréements to economy.
assure continuing sup: The departures also ralse

plies at competitive
et within the department and

veruational
relations to become the
manager of fleet stra
and development — wil
National
fisheries 10 yoara ag

ea 10 years ago as an

economiat,

“ches Blackwood, director.
General of industry services,

years to become
lekfreeze,
Joshua John, "murkeng a be
Nickerson’s in North

ney, N.S. And Lester Riko

Newfoundland ion, wan
hired by i et John

Ken Campbell, m manager of
the Fisheries Coun
represents the

' sheries

Sea Products in

He started with

the department after 23 yOTTAWA (CE) — A

vice:
ident of Newfoundland charg

ry here, has been arrested
director of the marketing for'breach of ball after a
services branch to man ed stolen

M

cComble sald
Tueeday that LaBelle, 2
was arrested in Verdun
cil which Monday and will be returned
fishing toa to appear in court

' arrest, minal. About

Tho Herald, Wednesday, Juna 13,. 19, Paget

Business hooks fisheries brass .

However the
were not hirlng .

aa ET, Oo
ater pal tt Peas te
dustry le a chaile

polls varvice f sl ts
pubile varvice for & long

fatty Be need people vit with

"The defeat of ot Ge be Liberals

bashing promises the
Liberals and Se ogauive

Conservatives before and
a mn em

far ign make it hard to keep
ard. working public ser-

meng feel unjustly
one sald.

Mail robbery suspect was
arrested after skipping out

“The FBI had notified clty
police that a man was

wanted in New York on three
a

charges of pass
cheques there and
Issued a warrant for his

2 at a Montreal ‘a on
charges of break, and

main Ottawa postal ter-

McCombis said the al jewelry ae
was

cheques were cashed after

, LaBelle was. released on off an
‘ $35,000 bad] in Oltawa peated Eastern Airlines flight from
-eariched uncle, Miami, Poltce in Fort

ottery-enri
“ large number of them Lauderdale had arrested
(15,000 es) tugned two

him days earlier on
up in New York tate...” chargea of grand theft after
LaBelle ' was arrested May

stolen
He had fast s

aman attempted to cash two
$100-travellers' cheques.

BUSINESS DIRECTORY

JOCK’S EXCAVATING LTD.
Excavator JDGS0B
Backhoe 4.7.50 — | 4

638-8354.

John Black
Sli4 McConnell
Terrace. 8.C.

q

EGAR
ESIGH LTD.

Custom flatshing - Renovations - Additions
CEDAR SPECIALISTS \

Box 543

Ready Mix Concrete, Sand, Gravel, Top Sell, Oraln
rack, Patio Blocks, Concrete Gravel, Bags of
Cament, 4 Yard Concrete Mixer ayallable for rent.

WE DELIVER SATURDAYS
PHONE 635-394
F.J.H. READY MIX
Construction Ltd.

uv

Plant Off Krumm Road
; Tharahill

635-4656 terrace, B.C.

DIVIDENDS

By THE CANADIAN PRESS

Corporate dividends

. Tuesday, Tuesday, quarterly unless

hertace Indusrries Lt.,
correction: dividend In-
formation released June 5
has been changed to. read
payable July 31, record July
16, instead of payable June
2, record June 15.

Canadian Pacific Ltd, 80
cents, seml-gnoual, an in-
crease of 20 cents, July 30,
record June 26.

Consumers ~- Distributing

-Co. Lid, three gents, Aug.

16, record July 31.
Dalmys Canada La, class
A, three cents; class B, three

cents; class C, three cents;
class D,. three cents; all
semiannual; payable July 5,
‘record June 20.

Hudson's Bay Oil and Gas
Co. Ltd., 50 cents, July 27,
record June 30; pfd., 62. §
centa, July 15, June 30.

Norcen Energy Resources
Ltd., 20 cents, an increase of

bwo, cents; Sept.''t, Fecord

Aug. 10: $1.06 pfd., - 98.5
cents, Aug. 1, record July 2;

$l ‘50 pid, 37. 5 cents, Aug. 15, .

tecord July 31; $1. BO Jr. pfd.,
37.5 cents, Sept. 30, record
Aug. 14.

Northwestern Utilities
Ltd, four per cent pid., $1,
Aug, 1, record July 5.

DOLLAR

‘MONTREAL (CP) — US.
dollar in terms of Canadian
funds at 3:39 pm. EDT
Tuesday was down 27-100 at
$1.1725. Pound sterling was
up 2.96 at $2.4846,

In New York, the Canadian
dollar waa up 1-5 at §0.8528,
and pound sterling was up

3,00 at $2.1020.

STOCKS

TORONTO (CP). — The

Torontostock market was up
sharply at the close of active
trading Tuesday.

The TSE 300 Index rose
0.84 to 1574.56,

“Volume was $.81 millioni
compared with 4.07 million
Monday.

Among industrials, Nu-
Weat Develpment A rose two
to $22, Dome Petroleum 1%
to $31%, International
Business Machines 1% to

#92, Induamin 1% to $21%
be Home O11 B 1% to $68is.

Westburne Interational
was down 1% to

‘KeepRile 5 “ to $44, wel

Canada 1% to $18%, Im-
rie Oil A 3 to Fm and
CO 1 ta hd.

Danison Mines gained 15
to $2845, Roman Corp. one to
$21%, and Melntyre Mines
one to $32, Dome Mines lost
ag to $4444 and Campbell
Red Lake two to $2144.

NuMac Oil and Gas was up
1m to $354, Chieftain
Development 1 to $37 and
Ranger Oil Canada % to
42%. Tinity Resources
dro; % to 96% and
Prairie Oll Royalty % bo
a4.

VANCOUVER (CP) _
Prices were mixed in active
trading Tuesda

y on the
- Vancouver Stock Exchange.

“Corp. fe

Volume ‘at the close was
§,011,712 shares.

In the industrials, Goldale
Investments A rose .25 at
4.30 on 7,00 shares and
Ardiem Corp. dropped .04 at
26 on 6,000. Canadian
Javelin Ltd. was unchanged
at $1.46 on 4,399 shares and
Daon Development Corp.
was down 5-4 at $14.7-6 on
3,400. Grouse Mountain was
unchanged at .0 and Proflex

Ltd, was unchanged at .10. °

On the resource and
development board, Liberty
Petroleums fell .02 at $1.99

on 06,000 shares amd Rio
: Plata Silver Mines gained .06

at $1.01 at 96,600. Pan
Acheron Resources was up
02 at 36 on 55,600 shares and
Nu-Energy Development
15 at 94.80 on
52,700, North South
Resources was up .28 at $2.78
on 69,200 and Pan Arctic
Exploration was down .10 at
$8.10,

On the curb exchange,
Kerry Mining Ltd, was up .01

. at .24 op 58,500 shares and

American Fluorite waa down
OL at $1.87 on $2,200, Jet-Star
Resources was up .02 at $1.62
on 44,300 shares and Sibola
Mines Ltd, was up .05 at .71
on «-93,800. Meridian
Resources was up 01 at 36
and Dorado Resources was
unchanged at 41. -

For Insights .

into Insurance
—Family Protection
—Mortgage Insurance
~Business Insurance :
—Income replacement

— Brian Montgomery

Representative

Registered Retirement, Planning]...

Plumbing - Heating - Commercial Servicing
Residential - Industrial . Speciailzing Gas Fitting
and Sheet Metal Shop

Charlie Belanger

ies

446 wt Baro AVEN

a ) 39% D Fan” Th. P.O, Box $34 PHONE 635-9919 |
Business MoanuAcife Business 635-3346 : HELE UK RD GATT & Daas TERRACE, B.C, VEG «BS OR 635-9320
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EASTSIDE |
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~~ OPEN |
7 DAYS A WEEK
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WEEKDAYS 8-11 WEEKENBS 9-11
"4438 Lakelse - 35-2104
YOUR FRIENDLY CONVENIENCE: STORE -

Terrace Electronic Repairs Ltd.
SERVING TERRACE & KITIMAT

AUTHORIZED
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Mon.-Sat. — 9 a.m. -é6 p.m,
; Friday — 9 am. - 9 p.m.
44 Lakelse

MARCOUX Offices, caton

finishing &

homes, Fireplaces

remodelling & General Carpentry

WILFRED HOGUE

-Aluminum Service

635-4543 | 6-3916 Mountainview Ave., Terrace.
MR. FIX-IT GLACIER | D&A JANITOR SERVICE
| I 2, 4418 Legion Avenue -
APPLIANCE REPAIRS A oy Terrace B.C. a .
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Phone 635-9205 S A Complete Glass and

636-6622 4732 Halliwell

Bar = eh

VAN’S CONTRACTING

Furniture Repair .
Restorations, Hope Chests
,bustom Made Furniture Refinishing
( General Building Contracting

635-5585
2610 Kalum Si.

—

‘

Terrace

tin Cleaners Ltd.

"*' FOR THE BEST IN .
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CLEANING
2 LOCATIONS
4404 Legion Avenue and Mini Mall
{Next to Mr, Mikes)

635-2838

_ SMALL APPLIANCES - LAWN MOWERS -
RENOVATING. BICYCLES- ETC.

Handyman Unlimited

Cail BILL or DALE
430-0277 or 635-3967

3943 Mountalniview
Terrace, B.C,

Pro-Teoh Electronios Engineering
SERVING TERRACE & KITIMAT

We Service All Commercial & Home Entertainment
Appliances Including Microwave
Warranty Depot
Sanyo Soundesign, Kenweod, Admiral
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3500 KALUM 625-5134

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PHONE 634:1468 TERRACE, 4c.

Call us at 635-6357 9 to 5