The Montreal Star from Montreal, Quebec, Canada • 70

wfwww1 wm iyr ai a Tvrr yrwnrrt "Wl Ml 1 Si Alt Wl'Hivt'aloO ill iHlh of hits Uax( of Montreal BUSINESS FOR SALE RARE OPPORTUNITY Well established and profitable textile printing concern wishes to sell to the right buyer Modern plant and facilities serving the needletrade AH Inquhia Mr Louie Groeebaum C0 WeeMiMS RiSwt Britt GimAw Co 11 Sherbrooke West Suite 225 Montreal Quebec H3Z IBB 931-7210 Business Today Westcoast ups share stake in Foothills unrrported "low values" to a 20-rout intersection returning 208 ounces of gold a ton and a 16-foot section returning 146 ounces Other values ranged from 007 ounces gold to 063 ounces Assays reported represent uncut values iv dorp Wix Corp first-half net was $133066 nr 18 cents per share against $165201 or 23 cents a shure a year eurller which excluded $76036 extraordinary credit and made final net $241237 -(33 cents) Sales totalled $55 million ($16 million) Sterling Sterling Trust first-half net was $540961 or 63 cents per share against $370555 or 45 cents a share a year earlier Included in results were gains on sale of securities of $29600 Revenue totalled $89 million ($66 million) its plant at Brantford Ontario The new facility will house a third assembly line for room air cundiliiHicrs and other air fund it inning and relrigeration products ami will expand the manufacturing area of the Brantford plant to 372001) square feet New equipment will include an additional complete paint und finishing line and related facilities hinfi Lae IiOiig Lac Mineral Exploration and Thompson-Housquet Gold Mines reported assays from a further 10 holes drilled on the No 3 gold zone in the Thompson-Bousquet property in northwestern Quebec Lust month the companies said a gold zone and a combined copper-silver and gold zone were encountered on the property Drilling is continuing on both zones On the latest 10 holes in the gold zone assays ranged from VIDEOGAME DISTRIBUTORSHIP Canada's largest Video Game Co is now appointing dstributors throughout Quebec Over 1 5000 Video Games now in operation earning high revenue for individual operators Financing national servicing and group ins policy made available Complete and comprehensive assistance given in setting up your own distributorship Min investment of $700000 secured by inventory Call Mr Mitchel 844-5054 "Don't bo afraid to bnnh this guy back Ha's nothing but a management stooge" cents per share against $598000 or 20 cents a share a year earlier Production value totalled $17 million against $23 million Bank third largest commereiHl bank reported assets crossed the $20 billion mark fur the first time as at July 31 end of the third quarter of its fisrul year This was a year-to-year gain of around It) per cent largely due to loan demand particularly in Canada during the first hall" Third-quarter earnings after tax but before loss appropriation) were $22 million against $318 million a year earlier and $256 million In the second quarter' Decline in earnings between second and third quarters was due "narrowing interest rate spreads in both Canadian and foreign currency operations and rising operating costs particularly employee expense in Canadiun currency operations" The impact on interest costs could not be recovered through higher loan rates in all cases "Market pressures on Interest-rate spreads and operating expenses are unlikely to ease significantly in the balance of the year" Nine months' after-lnx earnings were $756 million against $735 million lass appropriation is calculated at year end Kobin Lake Rubin Red Like Mines first-half net was $167009 or six an Arctic Gas proposes actually discriminates against Canadian gas shippers subsidizes the US shippers and reduces the dollar netback to Canadian producers in Mackenzie Delta' gasfields" Westcoast which estimates It has spent $2-milllon on Foothills assumes in its revised application to build connecting facilities from the Maple taaf pipeline through British Columbia that first gas deliveries from the Mackenzie Delta will begin on Nov 1 1982 with 500 million cubic feet a day going to Westcoast for domestic and export customers If Arctic Gas should be approved as the pipeline builder instead of Foothills and Arctic Gas agrees to provide 500 million cubic feet a day of northern gas to Westcoast at an earlier date then West-coast would speed up its con-structiim schedule Westcoast now has deferred its main construction of interconnecting gas pipeline lari lilies from 1978 and to 1981 and 1982 Keep rile Keeprite Products will spend $16 million to build 70 000-square foot addition to August 18-19-20-21 Sears BOCKHILiL Beautiful 2 storey maisonnettes atop the Rouklull apartment complex on Cote des Neiges Ideal as executive or company apartment Excellent location for downtown Montreal the financial district and industrial areas Other fine apartments available include studios one and two bedroom units Rental office open Monday to Friday 10 am to 6 pm or by appointment 4858 COTE DES NEIGES 738-4704 OTTAWA WeKtcoHKt Transmission Co Ltd has in-iTfasvd its equity participation in the Foothills Pipe Linos Ltd from 20 per cent to lit) per cent The change still loaves The Alberta Gas-Trunk Lino Co Ltd the only other partner in Foothills and the related pipeline project Westcoast president Phillips described as just "a myth" the benefit" tuuted by Canadian Arctic Gas from a joint system cap rying both Alaskan and Western Canadian Arctic gas to southern markets lie told the National Energy Hoard the benefit" is not in the Canadian public interest rate structure Canadi- BC bank raising $43 min The Hank of British Columbia plans to offer shareholders of record Sept 8 rights to buy 255277 new shares on the basis of one new share for every three held at $17 a share The offer expires Oct 13 and is not being extended to CS shareholders or those holding more than 10 per cent of the present equity The rights issue will raise about 843 million of new money Total assets at July 31 were $802 million against 8800 million a year earlier and nine balance of revenue before loss appropriation was $2 million against $18 million Sears Simpsons-Sears opened today its tenth major department store in Quebec at real 144000 sq feet of sell- ing space at Lcs Galeries Anjou Tiie full-line department store will carry a complete range of Simpsons-Sears merchandise and provide all (lie usual services Cygnus Cygnus Corp reports first-half operating net Income of $17 million against $15 million a year earlier on revenues of $19 million against $2 miljiun Company owns a 40 per cent stake in Home Oil which is in turn owned by Consumers Gas of Toronto Sen rry-liain bow Scurry-Kainbow nine-months net (period ended June 30) was $3521000 or 8133 per share against $2-177000 or 82 cents a share a year earlier which was restated to reflect lax adjustments Revenue totalled $122 million against $10 million Bank cuts rate i Royal bunk reduce the Interest charged on US dollar loans to 71 1 per cent from 7Lt per cent lids morning OFFICE SPACE Vw ivV a DORCHESTER PLACE A distinctive location for the company moving in the downtown area Three doors of office space -10000 sq ft each at $750 net Ground floor commercial space sub-divided into 1 000 1 600 2800 sq ft at $900 net Available immediately Exclusive to Dorchester Place the complete use of indoor pool sundeck and saunas for all office tenants DORCHESTER PLACE 1 819 Dorchester Blvd (corner of St Mathieu) BROKERS PROTECTED Sears invites you to store Les Btossards un a our Also available ax iSj ytv va :0 933-6771 SITE-SEEKING IN THE US? COME TO CLINTON COUNTY There's a lot going for you in the Plattsburgh area gateway to the big US market' FINE QUALITY AT THIS LOW PRICEI Man's long sieave riteas sliirts made oi cotton and polyester Hand Choice of pattarna and colon Sires 14 to 17 2-PIECE DENIM SET Sava 8 50 Brush cotton denim with embroidery Pams with alaiticized back waial bait loops Sires 4 lo 6X Light Lius 29R 02 501 C49 Rag 999 aat Saais-Cluldran Wear Div 29 LADIES' LEATHER COATS 4 SINGLE BREASTED STYLES Mid of cowlwte leather and quilted rayon-acetate lining About 44" long Learlier dean All etytee may not coma innll colori and ares Brown Hue Mpck and other fart ion colors 8-18 17R 006 628 QQ99 Rag St 45 Sear Ladies' Coats Div 17 3112 Rmg 4 98 Sean-Man's Access Div 33 Public Corporation Net worth $22 million SI 2 million cash in bank $600000 unused credit lines 10:1 current ratio is interested in Requisition of a substantial private company earning S300000 to $4 million or more annually Consumer products field preferred Management must remain Can invest between S1S and $2 million in cask Balance on terms Brokers protected Rtpiy to Advertiser M7B2 Ike Stir P0 Box 4005! Place dimes Montreal H2Y 3M4 OFFERING a prime industrial plant sites a outstanding transportation services a a stable labor force a low incidence of work stoppages all w'ithin an I tour's drive of Montreal i 1 fi''IlL SEW YORK cut CRAFTSMANS RADIAL SAW SAVE S100 Does everything from basic woodcuts to sped ah ted jobs using the piopei accessories (astral Features durable solid die-cast aluminum arm and column support Carriage slides sinuothlv on sealed bail bearings Raar-mountad crank control Manual braka stupa blade in saeonda Motor dev: 2-HP09R 027 OOO 4-PIECE CONTEMPORARY SUITE Heavy Muffed lima and deep lawn backs No tag spring seat and back construction CaMars on front Saiga olefin Sat aidudaa: Sofa ottoman high-back chair chair 01R OBI 057 s449 at Rmg 29998 Saars-Hardwaia Div 1)9 PLUS: County Development Corporation assistance in: site selectkin financing up to 100 a attractive interest rates a valuable tax concessions labor recruitment a on-the-job training programs OUR SPECIALTY: Progressive Canadian businesses Give us a call You'll see we mean business FRANCIS A LAPH AM Clinton County Area Development Corp P0 887 Plattsburgh Naw York 12901 Sears- Furniture Div: 01 TAX SHELTER APARTMENT BUILDINGS For Sale of interact to those needing 10 depreciation against personal income For furthm i latatls coll: Mr- Ralph 733-5361 Simpaona-Saara Ltd MAIL CHAMPLAIN TASCHEREAU LAPINItRE BRUSSARD 1655 PR0VFNCHER PLACE VERTU COTE VERTU CAVENDISH VILLE ST-LAURENT 3055 COTE VERTU LES GALERIES VILLE B'ANJbU 451 Built Las lieleriet Arhi tJLmi 3P -t I A a 'rt aaaanAaaM aai- as a is -HTtS aaa fc-aow'a ioiAiMMaa.