. -BUSINESSMEN: | The... Business and _ Careers section of the News is one of the fastest growing * - Sections ‘in this newspaper. | . 2 survey results:. © The average reading time. -for each Sunday and Wednesday issué of the. News is 31.5 minutes per person. - oo "To reduce floating debris In an effort to reduce the amount of floating debris in the Strait of Georgia. the provincial ministry of - forests,, together with the _ federal government and the Council of Forest Industries, has-established a unique “log trap” on the Fraser River to catch the provincial navigational hazards before _they reach the sea. - The trap is_ located midway between Hope and ‘Agassiz on the north side of the Fraser, and so far, ac- cording to-ministry engineer Don Cameron has been. “very successful”. The operation | cém- menced last March and already has collected about 15 acres of debris. It will continue until the river level. drops in July and the cat- chment basin is dry. Basically, the. trap consists of ‘two “fin booms” which stretch a mile and a half up the river and serve to deflect logs,’ stumps and other floating debris into a catch ’ basin... “Actually,” observes engineer Cameron, “we're letting the river do the work.” A crew of six mans the operation. The debris comes from as far away as the headwaters of the Fraser north of Prince George with approximately two-thirds of it originating from logging and other industrial operations and the balance from natural causes. Cameron estimates that between 75 and 80 percent of the drifting material is caught by the trap with most of the remainder picked up in other catchment operations farther down the river. He figures that close to 30 percent of the trapped logs are merchantable. They will be sold by auction next fall. The waste material will be burned. The total initial cost of the trap has been $800,000. Of moved to permit mercial and pleasure craft to ° this amount, the federal government. provided $500,000, with the ministry and the Council of Forests Industries each providing $150,000. The ministry and COFI are committed to spending $150,000 each year for the next three years to maintain and operate the — facility. It’s not the first time the ministry has installed such a trap on the Fraser. Such efforts have been underway annually. since 1975 with. varying degrees of success. Earlier_methods had boom . logs stretched across the river. These had com-. proceed. - . Ilwaddition, tugboats were needed to push debris into a catchment _ basin, operations were restricted to daylight hours. During the | - night, all. the debris they wanted to catch drifted down the river. The system that’s in place now, says Cameron, erases all the former problems and ~ 1 to be. and _ “is working extremely well. .-. 24 hours a day.” - Logs and debris aren’t the only things that wind up in the trap. Among the collection to date have been two dead cows. DRINKING & DRIVING DON’T MIX SAFE DRIVING IS A FAMILY AFFAIR ANNUAL RATE 3,4 & 5 Year Terms Savings Rate 10% Rates Subject to Change Continental Trust Company P.O. Box 10280, Pacific Centre 701 W. Georgia St., Vancouver (604) 684-7548 Member: Canada Deposit insurance Corp Canadian Pacific Limited DIVIDEND NOTICE At a meating of the Board of Di- rectors held today, the following dividends were declared. Ordinary Capital Stock Adividend of elghty-cents (80¢) per share on the outstanding $5.00 par value Ordinary Capital Stock in respect of the year 1979, of which forty-five cents (45¢) per share Is the proceeds of a dividend trom Canadian Pacific investments Limited, payable in Canadian funds on July 30, 1979, to shareholders ot record as at the close of business on June 26, 1979, 7%4% Cumulative Redeemable Preferred Shares, Series A Adividend of thirty-six point twenty five cents (36.25¢) per share on the outstanding 7%«% Cumulative Redeemable : Preferred Shares, Series A, payable in Canadian funds on July 28, 1979, to shareholders of record as at the close of business on June 26,1979. Ss, 4% Preference Stock A dividend of two per cent (2%) on the outstanding 4% Preference Stock in respect of the year 1979, payable on.July 30, 1979, to stock- holders of record.as at the close of business on June 26, 1979. By order of the Board, J.C. AMES, Vice-President & Secretary. Montreal, June 11, 1978. Guaranteed Investment Certificates Interest Paid Annually Regular 102% 10 % 10% 9% 10% 9% 1 yr. 2-4 yrs. 5 yrs. 6-10 yrs. 10 9% 11-20 yrs. 10 9% Cashabie intereat Paid Semi-Annuatly Regular 10 Va% 10 10 9% 9% Cashabie 9%% O"% O'2 9% 92 Monthly interest ts available at semrannual rates for $10,000 or more. Under $10,000, rate is reduced 44%. $1,000 minimum. With G.1.C 's and Canada Trustco debentures you can get up to $40,000 insurance from the Canada Deposit Insurance Carporation. Insurance applicable on terms up to, and including 5 years All cates sutyect to change without notice Canada Trust Aist Ave. W. at Yew e Denman at Comox @ Cambie at 41st ing Centre e West Pender at Hornby’ Park Royal Sho 450 Main at Pender *not onen ‘8 to & Ca Page B9, June 20, 1979 - North Shore News “HIREA | STUDENT _. At’s just | Tt Conoda Employment i Sd Centre for Students © _- 120 Lonsdale,.N. Shore L986-3404 : wet ‘ALOG TRAP working — on the Fraser river, — _ -FICE PERSONNEL ~ SJ PERMANENT—TEMPORARY DA» EFanc ASSISTANCE for Key Personnel 107~—140 W. 15 Street, North Vancouver 984-0251 BGTEL &) K.D.A. Morrison The appointment” of K. DLA. Morrison as- Vice-President - General Counsel and Secretary is unnounced by G.F, Mac- Farlane, Chairman and Chief Executive Officer of B.C. Telephone Company. Mr. Morrison received his Bachelor of Arts De- gree from McGill Univer- sity in 1954, graduated from Osgoode Hall Law School in Toronto and was called to the Bar of Ontario in 1988. In 19389. he became a prosecutor for the City of Vancouver and joined BOC. Telephone Company in 1970 as Counsel, Mr. Morrison ts ia member of the Canadian Bar Association. the Lar Society of BOC and the Vancouver Bar Associa: won.