PAGE 8 7
Announcing

Belated
Hockey
Scores

Kitimat’s Wellspar Loggers
and Smithers Totems batled out
a pair of hard fought hockey
games at the Kitimat arena one
weekend ago.

Wellspar won both the
games; taking last Saturday
night’s contest 8-2 and Sunday’s
decision 8-5.

The scoring department was
a team effort on Saturday for
Kilimat with Bill Riley and
Garth Scott netting 2 goals
apiece. Merve Michaluk tallied
once whiie Brian Brockel,
Jimmy Watson and Terry
Markwart also each added a
goal apiece to Kitimat's score.

Scorers on the Smithers team
saturday were R. Collingwood
and D. Wilson who each netted
one goal.

Sunday, Ray Parfitt was the
top Kitimat scorer with 2 goals
while six others recorded one
point each; Tom Farrow, Billi
Riley, Barry Robertson Garth
Scott, Doug Seaby and Jimmy
Watson.

. One Smithers player, S.
Pullano got a hat-trick while W.
Leary and R. Fraser split the
remaining Smithers goals.

Houston Luckies are back in
the league with what looks like a
stronger team. They will be
playing here this weekend and
tans are advised to check their
paper later in the week for
announcement of time and day,

MINOR HOCKEY
Latest score in the Kitimat
Minor Hockey League, Pee Wee
Division: Johnsion Reality 1,
City Centre, In a hard fought
game on Tuesday, Nov. 9.

The same night in the
Commercial League Alcan C
Shift tied Vega with a score of 6-
6.

In two games played in
Kiltimat’s Minor Hockey League
on Monday, Nov. 8th Far West
and the Steelworkers came out
ontop. Far West had a score of
5 over Iron Works one goal;
while Steelworkers were 4-2
over the Kinsmen team,

Sad Story...
Cont'd. from page 4

pile of fur laying beside the
bottom step. At first we thought
it was something the dog had
canght, but -when we looked
closer we discovered it was our
little cripple, Leon. As I picked
him up calling his name, he
coughed twice and died,

Heart failure because of the
scare, we figure, After a session
of crying for about two hours
Leon was laid to rest beside his
brother Carlos, the first of the
family to go.

only imagine the terrible feeling
of losing a child. A lot of people
do not even like animals,
Today we have the twins, SP
and CA. (Bet you cannot guess
why). Radar, our fifty-seven
variety dog, anu Mitzi our
original cat, but we’re not sure
whether we want to keep them
because if we become too
attached ta them and then lose
them it would be too hard on us,
We hope to get Ruebyn back if
she is still alive and then at least
we will have one of the originals
to remember the others by, To
say the least, we had quite a
Remembrance Day,

12TH & KINGSWAY

“Air Conditioned.

think roses will
Mrs. Fern Panter of Walker
Ave. in Terrace is out to prove mother nature
works in strange ways. The roses which are of the -

So you don't bloom . in

_ THE HERALD, TERRACE - KITIMAT, B.C. -

climbing variety, bloomed once this year already.’

Fern says she thinks the plant, which was planted
this spring is protected from the seasons by the

heat of the house.wall.

Decline of Alcan net profits shown

Alcan Aluminium. Limited,
operations based in Kitimat,
reports consolidated net income
of $47.0 million in the first nine
months of 1971, as compared
with $57.0 million (before
extraordinary items) in the first
three quarters of last year.

Net income per common
Share was $1.37 against $1.68 -
per share last year, a decline of
18 percent. In addition in last
year’s period there was an

extraordinary profit of 23’cents nine months shipments in 1971
per share arising from to 1,032,400 tons against
exchange revaluation of 1,994,400 tons last year. This
Canadian working capital. year’s shipments contained a

In the third quarter this year, jarger proportion of higher-
Alcan had net income of $15.1 yalued semi-fabricated and
million which produced finished products than last

earnings of 44 cents per year's, This accounts for much
common share, as compared of the increase in ‘sales

with }13.9 million and 41 cents yeyenues.

per common share ‘(before = ‘Among favourable factors

extraordinary items of 15 cents affecting Alcan’s earnings this

per share) in the third quarter year have been the improved

of 1970, ; ; performance in fabricating in
Earnings in the third and Canada and in the integrated

last operations in Brazil, India and
tedend be the oeferts of the Australia. There have also been

prolonged strike at Alcan’s Some. financial benefits
Kitimat smelter. resulting from movements in

All‘ financial results .are . international currency’ valugs,
reported in U.S. dollars. although the contintiing higher

In commenting on the results, Value of the Canadian dollar
Nathanael V. Davis, President Telalive to the U.S. dollar has
of Alcan Aluminium Limited increased Canadian operating
states “Although earnings on ¢OSts.
the assets employed are far
from adequate, we believe the
Company's performance during
the first nine months has been
realtively satisfactory
considering the’ unfavourable -
climate in which the aluminum
industry is operating’.

trom sales and all other sources
were $1,080 million for nine
months of 1971, against $1,032
million last year, with $355
million and $337 million being
realized in the respective third
quarters.

“Shipments of aluminum in
all forms by consolidated
subsidiaries to their customers
reached a total of 334.400 tons in
the third quarter, abainst
321,400 tons last year, bringing

HIGH WAGES
‘'Conversely, factors
adversely affecting profits have
been increasingly evident in the
third quarter, notably higher
wages to employees and rising
_ costs of essential materials

‘ which have not been offsel by

any improvement in the prices
of products we well. Alcan's
average price realizations for
aluminum ingot have been
declining in 1971 and are
considerably lower than in
1970,” Mr. Davis said.

“Two other events occurring
in the third quarter have
reduced Alcan’s earnings and
are continuing to doso, On July
15 th e Company's bauxite and
alumina operations in Guyana
were nationalized by the
government of thatcountry and
the inclusion of income from
alean’s consolidated accounts
ceased as from that date.
Payments of capital by the
Guyana government to Alcan to
compensate for the nationalized
assets are scheduled to
commence on December 31,
1972 ,.

"On August 15 this year, the
US. government imposed a
surcharge of 10 percent on the
value of many imports entering

-that country, This impost

obliged Alcan to pay the sum: of
$1.7 million on its ingot
shipments from Canada to the

income of $32.5 million for the

nine months. of 1971, against .

$51.9 million (including an
extraordinary profit of $8.1
million) last year. For the third
quarter’ these earnings were
$8.4 million against $15.9 million
(including an extraordinary
$5.7 million) in the third quarter
last year,’ Mr. Davis said. |
“Alcan as well as many other
majro world producers of
aluminum, has taken steps to
eut back on the production
levels at its smelters, and thus
move towards a better balance
between supply and demand
which - should provide a
foundation for a strengthening
of prices. Following earlier
cutbacks, operating rates at
Alcan’s Canadian smeiters
were further reduced by 60,000
tons per year in October,
bringing - the effective

; Here are the stasidlnigs for the hotly da
YMCA Volleyball League after

the November ‘ath games,
A Division: Eurocan won 2

Lost'1 giving 35 points; Eurocan: |

Finns Won 11, Lost 2 giving 32

‘points; Internationals Won 11,

Lost 2 giving 32 points: M.E.S.S.
Seniors Wop 11, Lost 2 giving 31
points; Mess Staff Won 10, Lost

3 giving 27 points; RCMP won 5

lost 8 giving 15 points, ...

B. Division: Alcan. Elecirical
won 6, lost 7 giving 18 points:
M.E.SS. Juniors waon.6, lost 7

“giving 16 poinls; Kiwanis won 6,

lost 7 giving 15 points, M.E.S.S.

Girls won 4, lost 9 giving. 14.

points; Alean Systems won 5,
lost 8 giving 13: points; Alcan
Mechanical won 3, lost 10 giving
8 points; Alcan Reduction won
2, lost 11 giving & points:

Now as the teams separate

into the two divisions for a-17- .
week inter-locking Schedule,
Eurocan holds first place in the.

NITE &.
DAY
DINERS.

ted A.
‘Mean Eleet Electrical ig frat the B “paper -will advertise. dates o

_ series on a-3-0/or.2-1 basis, Each! “personally. Terrace

‘Conservation and Outdoor.

Club last week.

3229 EMMERSON .- NEXT To 1 HOUR CLEANITIZING
PIZZA - FISH & CHIPS

LS
next year's hunting season. This

‘interested. persdns couldy
the Rod/and Gun Clty
elu
‘ members will algo be Involved
- with training. :

‘ouping. - ' .
oan are ‘awarded fer’ ‘each 2 contact.

series is best of three.

A Hunter - > qraining,..
Safety Program got under way...
at the Kitimat Rod. and Gun

Starting April’ 1, 1972 this
program will ba mandatory for
all violators of the Wildlife and
Firearms Act, all resident
hunters between the ages of 14.

> Alcan files
“application -
- “In “seeking fo reduce: ’ thelll

adverse impact of the US
import surcharge,” Alcan ha

and 18 inclusivé, whether they : filed’ an’ application with the gi

have hada previous hunting U.S. authorities for the removal
licence or not. . of ‘the surcharge on primary iam

All first timé hunters 14 years © aluminum entering the U.S.im
of age or older are also érom all countries. In Canada,
included. - the Comipany .is ‘investigating §

This program has been run. with the appropriate federal}
several times In the past in authorities whether relief may |
‘Kitimat and the club will run it . ie
again after Christmas for all new, Canada Employment} ”
those who want to Ret ready for Support Act. | vt

CHAR BROILED BURGERS - BREAKFAST

production-at these facilities to! -

about 86 percent of their rated
capacity of 1, 035, 000 tons.

‘United “States duting the ‘sie: Bee so»

weeks ended September 30 and
it is expected that - the
continuing cost to Alcan will be

more than $1 million per month. —

“Most of these adverse
developments have had their
impact on Alcan’s major
operating subsidiary,
Aluminum
Company oi Canada, Ltd, which
is reporting a consolidated net

MAJOR IMPACT
In his report to shareholders, .

TANNING

As I was saying before, I can .

When in Wancouvor Stay at the
Biltmore Motor Hotel .

For Reservations Telephone. ‘072-5252, 3

+, Telex. 0454338 © ae
| “ Owned and Operated by Chartle Bennett oa
os «100: ‘Modern Rooms -. °

Mr. Davis points out that
several adverse developments
in 1971 have had an impact on
the Company’s major operating
subsidiary Aluminum Company
of Canada, Ltd. whose accounts,
are consolidated with its parent. .

Separately this subsidiary is
reporting consolidated net

' income of $32.5 million for nine

months of 1971, against $51.9
million (ineluding
extraordinary profit of $8.1
million) lastyear. For the third
quarter these earnings were
$8.4 million against $15.9 million.
(including an extraordinary |.

$5.7 million) in the third quarter . |

last year.
Mr. Davis.’ made . his
additional report as follaws:

_ ‘Consolidated gross revenues: - §

VANCOUVER,. B.C;

- TV.in: Every, Room.
-_ ‘Free. Parking.

* We tan all kinds of skins for fur or leather. COW HIDES-fur
for Buckskin‘or Rugs. BEAR, WOLF, GOAT, for Rugs. We

. Skins and send to

robes or leather for boots, jackets, saddlery. DEER, MOOSE.

Pay top prices for DEER, MOOSE in any awantity. Just salt

B.C. Fur & Leather

3842 Commercial Dr.
Vancouver 12, B.C,
874-5526

COFFEE SHOP -: DINING ROOM:
BANQUET. ROOM - ‘LICENCED LOUNGE -

“: REASONABLE, RATES. FOR ALL, Trees :
ROOM M ACCOMMODATION” fa

What do you think of a man who

“says ho. can solve your heating
_ Problems for st. 19 a thonth?

- Bhan you say. Hard : “working Mal Sori rs, the
_ friendly Home- oli Heating man has finally: cracked,
: He's offerings new ‘oll. burner, for. your: turn

' $1.19a. month... says’ he? ar

ATTENTION KITIMAT
READERS |

THE HERALD CAN BE AT your

FOR ONLY $1.15 PER MONTH
‘sUST PHONE pick JOHNSON aT 632-7048

Peat aaah at tail

al

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ites. Bi) to relax, Sit...
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be available to Alcan under the fms

o 6 ‘ina . Recliner... Penns
vata great price tool.

=: “3 relaxing positions a

: ‘ o Muiti-speed vibrator: eases teinsion, relaxes
ot 8, - tuseles;—for allover: soothingeffect -

-@  I=level heating pad: relieves stiffness, soreness

8 Convenient’ control panel for easy operation :

8 Heavily padded for lean-back comfort |

‘ - ° SeroFOAM seat cushion for firm support

. * ‘King-slze comfort: about 33” w, x35"d x42" he
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