The Vancouver Sun from Vancouver, British Columbia, Canada • 26

MacMillan Dloedel K. E. Laehance J. G. H.V Group Vice-President, Packaging, announces the appointments of K.

E. Laehance to the position of Manager, Folding Carton Plant and J. G. Graves to Director of Marketing, MacMillan Bloedel Packaging Limited, a wholly- owned subsidiary. Mr.

Graves will.be located in the MBP Brenda net climbs to $8 million Net six-month profit of Brenda Mines Ltd. rose to $8 million or $1.89 a share, compared with $4.4 million or $1.04 a share for the same period in 1973. Value of concentrates produced amounted to $23.8 million, compared with $17 million in 1973. Directors J.A. Hall and R.

V. Porrit said the royalty payments imposed by the B.C., government increased provincial mining taxes by $2.5 million or 60 cents a share. "The provision for his royalty is estimated at $3.3 million for the full year, if the London Metal Exchange copper price averages 81 cents per pound for the second half," they said. Giant net takes drop Giant Mascot Mines Limited of Vancouver showed a net nine-month loss of $236,163 for the period ended June. 30, compared with a profit of $82,518 for he same period in 1973.

Value of mineral production amounted to $2.8 million, compared with $3.4 million in 1973. President L. P. Stark said that the company is proceeding with shutting down the copper-nickel mine near Hope by Aug. 31.

An exploration program is being undertaken but in the absence of new ore discoveries the shutdown will go ahead. head office in Vancouver. TO LEASE Restaurant Cabaret Pub Can be operated from this fully-equipped building originally the Egress at 739 Beatty Street, new lease to be negotiated with owner. Excellent location, close to C.B.C. headquarters and hotel.

Phone (office) 254-7161 (Home) 922-2224 Mr. Meneice Rob Straight Photo MacFarlane HERE'S A GAIN FOR BURNABY Mayor Tom Constable admires new B.C. Tel tower with FOR B.C. TELEPHONE Burnaby gets terraced tower CAPITAL REQUIRED $350,000 to $400,000 required by way of 18-month mortgage on 1st class and highly profitable waterfront Waikiki Honolulu hotel. Borrower will pay 15 interest plus substantial equity participation in hotel property.

This is an outstanding investment opportunity. Brokers welcome Mr. Shepherd, 879-7151 By ALLAN WILSON Sun Business Writer The B.C. Telephone Compa-; ny is building a $30 million head office complex in Burnaby. It will be located on the Burnaby side of Boundary Road, opposite Central Park on the north side of Kingsway.

pany now rents about 280,000 square feet of. office space downtown. "The new building will save more than the rent on the downtown space," he said. "It will save all sorts of hidden costs, going from building to building and mailing costs, for example." The first 11 storeys of the building will be terraced and landscaped, with one as part of an extended restaurant for employees. The 6.7 acre site will also be landscaped.

MacFarlane said construction on the main building will start as soon as the land is re-zoned to allow it. A public meeting will be Graves Rental Condominiums HAWAII MEXICO AND EUROPE Become part of the owner oreup 7364921l20l-IS94WesfBroodway 7 Agents: The new complex will have 610,000 square feet of office space, and underground parking for 500 cars. "A building of the same size built downtown would have to be over 30 storeys high," MacFarlane said. Burnaby mayor Tom Constable welcomed the new building. "It will definitely improve the area," he said.

He said the move is in keeping with the Burnaby town centre plan. Boundary Road will be widened as part of the plan. The company hopes to move into the building by December 1976. The $30 million price tag will be spread over three years. The capital budget for 1975 is expected to be about $230 million.

MacFarlane said the com Lockheed awarded U.S. missile job SALES REPRESENTATIVE Required by national tire company For B.C. area. Position involves calling on established accounts plus setting up new dealers. Must be willing to travel at least 50 of the time.

Good salary, bonus, usual benefits, company car, etc. Prefer married man with high school education. Apply in own handwriting giving age, marital status, education and past experience to: SEI8ERLING RUBBER COMPANY OF CANADA, LIMITED 2625 Rupert Vancouver 12, B.C. G. F.

BUILDING UP EXPERTISE A program of 10 courses ranging from Construction Credit Management to Form-work for Concrete Structures has been organized by the Amalgamated Construction Association of B.C." for 1974-75. Commenting on the need for education and upgrading in the construction industry, ACA president George Schuett said: "Western Canada is entering an age of expansion unprecedented in its history. To those people involved in this program, the shortage of skilled manpower is of the gravest concern." Further information is available form Harry Penny at the ACA, 2675 Oak. ACCOUNTING PRACTICE WANTED Box 1638, this paper CITY'S N.W.Pt.Grey View home site P.O. Box 34234 Postal Station Vancouver V6 4N8 fj2333E Somethir Something to Celebrate ALFA ROMEO'S The 2000 BeHino has been colled "a racino cor disguise, it boosts the same dual overhead cam engine, 6-gear transmission ond 4-wheel discs of all Alfos in com.

fortable Bettor body. Inside a thick ood envelopes the passenger comportment ond, beneath, it a combined independentcoon, iol suspension and limited slip differential. The perfect morrioge speed ond comfort. unveooeonoceieorote. tj FRED DEELEY LTD.

I 901 W. Broadway, 738-2171 Meter Dealer Lie. DUM Groups woo Canada in commodity trade OUTOF RESPECT FOR THE MEMORY OF G. DOUGLAS CC0PER, DIRECTOR THE OFFICES OF SANITHERM ENGINEERING LIMITED 767 POWELL VANCOUVER B.C. WILL BE CLOSED ALL DAY WEDNESDAY AUGUST21, 1974 WASHINGTON (AP) -Lockheed Missiles and Space Co.

has been awarded a $1.3 billion contract to begin production of the new 'range Trident missile to be fired from submarines. The contract also calls for the start of advanced development of a new manoeuverable warhead for the Trident designed to help the missile evade enemy defences. The Trident missile would be installed in a fleet of 10 new Trident submarines, each carrying 24 missiles, to enter service in the late 1970s. And, the Navy said the missile would also be installed in 13 smaller Poseidon submarines, Electrical distributor purchased A privately-owned, Vancouver based electrical distributor has been bought by an Al-berat Company. Van Home Electrical Supply Ltd.

as been sold to Unit- held at the Burnaby muni-cipaal hall today at 7:30 p.m. to hear opinions on the re-zoning. plies could impose a higher cost than benefit for Canada. Second, officials say, attempts to control supplies and prices always cause bottlenecks and market i r-bances, and often result in falling production. In the economic turbulence that follows as in the wake of OPEC's price increases the producers as well as the customers can get hurt In the long And unless all producers join the association and honor its marketing rules, there is always the chance that some producer will break the cartel rules and either under-price or over-supply the market.

Wilkinson gets contract The Wilkinson Co. Ltd. of Vancouver has been awarded a $295,562 federal contract. GUINNESS TOWER SUB LEASE PRESTIGE OFFICE SPACE NEW SHOPS FOR LEASE CENTRE OF DOWNTOWN AREA HOTEL GROSVENOR Manager 681-0141 EARN MORE! BUSINESS MANAGEMENT DIPLOMA COURSE The Vancouver Junior Chamber" of Commxt in wnjunctiM wirh tht U.I.C. faculty of commerce and buiineis administration often 3 year evening diploma program far men end women, it offers both theoretical and prectkol training to equip its graduates to handle managerial retpontibility and broaden their understanding of bask and advanced business concepts.

Courses offered include: Managerial finance, marketing and retailing, fundamentals of account ing, organ iiational behaviour and management, business economics, public speaking, sales dynamics, reading improvement, commercial law, and la-bour relations. Courses start Sept. 16rii. Please cell or write for a brochure to: The Vancouver Junior Chamber of Commerce No. 2 505 Dunsmuir Street, Vancouver, B.C.

orM735 VANCOUVER 626W. Pender 687-8887 6200 sq. all north side, 20th floor Spectacular view over harbour 4c mountain! Partitions broadloom incl. in rent Parking available AvaUable October 1 OTTAWA (CP) Canada is being wooed as a partner by members of at least two international commodity groups hoping to copy the example of market control set last year by the oil exporting countries. International associations of copper producers and iron producers have been urging Canada to join them in moves to stabilize world markets and even control prices in the style of the Organization of Petroleum Exporting Countries (OPEC).

Typically, these groups are composed of small, poor countries selling to powerful cus-, tomers in the United States and Western Europe. Government officials say that, for various reasons, Canada has not taken up the offers but has not quite rejected them either. First, Canada is a major user as well as producer of iron, copper and other materials. Any action that would raise prices or endanger sup The building consists of two phases, an 18 storey terraced office tower and an additional seven storey northern wing. F.

MacFarlane, vice-president of corporate development for B.C. Tel, said the Burnaby location is central to the 1,800 head office employees who will occupy it. each carrying 16 missiles. The Trident will be armed with a multiple warhead which can be aimed at several different targets. Later the Navy expects to develop a version of the missile with a range of 6,500 miles.

Such technologicaladvances are allowed under the current strategic arms limitation agreement with the Soviet Union. And the Soviet Union is currently deploying its new Delta class submarines carrying missiles with a range. The United States and U.S.S.R. have agreed to sharply limit their anti-missile defences, but Pentagon officials said they will go ahead with the manoeuverable warhead, called Evader, as a hedge. Wescorp net increases to $214,000 Wescorp Industries Ltd.

reports net earnings for the first half of $214,400 a substantial increase over last year's $163,500. The Vancouver-based com-nanv earned $1.78 a share compared with $1.36 a share in the same six-month period last year. Consolidated revenue amounted to $6 million compared with $5.6 million in 1973. The figures are unaudited. President A.

B. Cliff attributed the rise in earnings to the contributions from West-' ern Pottery Mariner Homes Pafco Insurance Co. Ltd. and Bramalea Wescorp Developments Ltd. The general business outlook for the company continues to be good and it looks forward to more growth in the second half, he said.

Shares in the company have recently ranged between $5 and $7 on the Vancouver Stock Exchange. French trade deficit rises PARIS (AP) France suffered a $60O-million foreign-trade deficit in July, up sharply from an $80-million deficit in June, the foreign trade ministry reported. A spokesman explained that French oil imports were reduced during June when some refineries were closed for technical reasons. Exclusive KNOWLTON REALTY LTD. P.

O. Box 49134, Three Bentall Centre Vancouver, B.C. 3V7 1J1 Telephone (604) 684-8291 ed Westburne Industries which is 92.5 per cent owned by Westburne International industries liq. oi uaigary. 9 rm- i it- lisl4imrl iiinnlnnnlmt time ltn wiiuicoaici waa uii- disclosed, but is being made in cash.

I R. H. Fanning, mirchasine mm AIRCRAFT Insurance Is Our Business Not a Sideline CdARBOM INSURANCE the company is 92 per cent owned by four Vancouver peo-; pie. Nn mnnaopmonf nr sfaff changes will be made in the company's 15 outlets 10 of VICTORIA 1220 Brood 3864441 .1 The price of silver has doubled since last December and the production deficit has grown continuously over the past three years. Industrial use of silverwas up in 1973 over 1 972 the increase is holding for 1974.

We have 50 and 1 00 troy ounce bars available. All bars quaranteed .999 fine. If you would like to know more about the possibility of investing in silver just mail the coupon below. mem. in ne sam.

The company employs 160 j. people. Keg profit Here is an opportunity for you to start your own business in the successful KINGSGATE MAIL LkftW tpoct lYaikblt for: Combination Beauty Paint, Wallpaper it Floor BarberShop covering or other TV (Record) Appliances business. Delicatessen Phone 685-8292 Catt Pactnurnnfo PACIHC SHIFPiNG COMPANY LTD. Appointments The Directors at a Board Meeting held on Friday, August 9th approved the following appointments effective September 1st, 1974.

Mr. H. S. Andrews Chairman of the Board Mr. H.

McD. Craig President and Chief Executive Officer Mr. J. H. Maclnnes Vice President Finance and Secretary Treasurer Mr.

J. A. Stranan Vice-President Charter Services Mr. J. A.

Stranan Vice-President, Charter Services North Pacific Shipping Company was incorporated in 1937 to operate a charter service from B.C. to South African ports predominantly as a timber carrier but with the passage of time this trade developed into a timbergeneralbulk cargo service. In 1968 the scope of operations was expanded to provide direct service from Pacific North West to Iran and the Arab countries of the Persian Arabian Gulf area as well as to countries bordering the Red Sea. The Company has represented Yamashita-Shinnihon Steamship Co. Ltd.

since 1949 in her liner and tramper services and more recently in the expanding container service to and from Japan. The Canadian Government announced the firstlarge wheat sale to China in 1961 and The People's Republic of China appointed North Pacific Shipping Company Ltd. as their agents. Since that time 1547 vessels carrying 27,857,000 Long Tons of grain products plus bulk and generals have been handled by the Company on behalf of these principals. The Company also represents Daiichi Chuo Risen Kaisha who have many chartered vessels principally carrying bulk commodities between B.C.

and Japan, Wallenius Line of Sweden who are recognized as one of the largest automobile carriers in the world, and other lines that frequently call at B.C. ports. I Vancouver reriorts npt inrnmo of $65,000 or 3.3 cents a share for the three months ended March 31. This compares with For Sale or z.4 cents a share for the same period last year. fjpnrtrp TiHhall 141 ACRES wMi WATERFRONT immadiattty West of SECHEIT.

POTENTIAL SUBDIVISION indud lart modern 6 bedroom home on DELTA SMELTING REFINING CO. LTD. 11 04 Cambie Road, Richmond, B.C. Please send me a copy of your current monthly newsletter and information about buying silver. the company, said high beef, auuokci cuiu uuuui uucca are CALL: DON VASSOS 681-4111 WO FLOOR GMNVI4.Lt SQUARE.

MO GRANVILLE. VANCOUVER, tll-4111 Name. Address. fat WMMU11 HVU1V The company has 14 operat- ing restaurants, with another one starting this fall. Keg common shares closed last week at 90 cents a share I on the Vancouver Stock Ex- change.

I MMM I I.