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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 9, 1972, Lethbridge, Alberta Jim. 1972 THf UTWRIDOI HBtAlB Western oils buck downtrend TORONTO (CP) Western oil issues on the Toronto stock market crept fractionally higher while all other major sectors moved lower in qiu'et mid-morn- ing trading today. The gold index dropped sharply lower J.or tne consecutive session, losing to 216.90. Industrials were off 39 to 202.17 and b-se metals .83 to 96.50. Western oils climbed .27 to 223.12. Volume by 11 a.m. was 617 000 shares, down from at the same time Thurs- gold issues, Domo 0 and trust Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty, McCnaig limited) LAST BID OR SALE day. Among to Mines dropped Camfle 25 cents to Sigma 40 cents to Communication, steel, and loan, chemical, industrial mining and food processing stocks suffered broad declines while banking, beverage, mer- chandising, general manufact- uring and real estate issues edged fractionally higher. Federal Grains dropped Hi to Alberta Gas Trunk to Asamera to Numac 'A to SIC'A and Imperial Oil to Masscy-Ferguson fell Vt to TransCanada PipeLincs Hudson's Bay Oil and Gas rose V, to Royal Trust Vt to Skyline Hotels Vt to Slierrilt to Scur- ry-Rainbow to and Gull Oil 1's to BANKS GAIN MONTREAL (CP) Banks recouped somo of Thursday's losses to post the only gain as prices fell in other sectors in moderate trading on the Mont- real stock market today. Banks were up 1.13 to 246.85 while industrials fell .56 to utilities .40 to 161.22, the composite .36 to 208.84 and pa- pers .16 to 84.87. Combined volume on the Montreal and Canadian stock exchanges at 11 a.m. was shares at 11 a.m., com- pared with at the same time Thursday. Rapid Data was up Hi to Canadian Javelin 14 to Walker-Gooderham to Royal Dank 14 to and Bank of Nova Scotia to Falconbriege Nickel lost 1 to Placer Development Ttt to tm 3.40 7.55 9.00 43.25 .S3 ss'oo a.m. Quoin) WESTERN OILS Atmlnex Alia East Asa m era ASM tub BP Oil Gas Can South Cdn Ex Gas Cdn Homestd Cdn Ind Gas Oil Cdn super Cdn Long Is chletlan Domo Pela Gl Plaint. Gt Cdn Oil Lochlel North Cdn oil Humac Pancdn Pete Pan Ocean Petrol Pinnacle Place Gas Ponder Ranger scurry Rain Spooner Selbens Total Ulstsr ..m. Quotes) Hud. B.JT OIJ. Pfd toe Husky Oil War 4ju nlaifc IfJlJf prov IMS Kaiser "I'M Mu, Or Pacific Rainier Tclecjynft West Cdn Seed WSJe Yukon Westfldd CALGARY Acroll 1 Barons Oil rViadfacn Horlh Cont .49 .OVA .15 1.51 5 IS West" warier 14.62% pipE LINE STOCKS AUa GaS A M? Nat Gas 21.25 Inland Mat Gas 14.12% Dolly Varden N and C Gas 12.62va Dynasty N arxJ C B PfrJ Equltorlal Pacific Tra Temp Growlh Un Accum Unlv Savings Vanguard Ccmm Vent VANCOUVER MINES AHon Atlas Explor Bath Norse Brenda Bryccn Brycon Church Copper Croyden Davon Port 7.12 7.73 5.23 5.80 5.95 6.54 5.07 5.57 fi.64, 6.93 7-10 7.74 5.44 5.93 8.08 8-88 10.31 11.30 7.68 Olson plan pays egg men to get rid of laying hens T; n ana v- D Pacillc Trai Gai Metro w Trans Cda Trifl MISCELLANEOUS INDUSTRIES Aqua Brlncn Cdn Brew A Cdn Brew B Cdn Pacific Falcon Copper Gcnslar Home A Home B Hud Bay Co Hud Bay Oil ____ _-... Trans Cda A Trans Cda War WC Trans WC Trans Wts if, 50 81.50 12.75 26.75 6.65 Giant--------- Granlsle Lornex Lytton Minerals Primer 10.75 .43 .92 5-2S .17 -.7 .68 -tl 1.60 .70 .39 '.76 4.90 9.05 9.00 1.90 Standard "K33 .51 .16 10.00 MB INDUSTRIALS AGF Spec 3.47 Block Brothers 3.45 Cdn In Fund 5.02 5.50 B.C. Sugar Coll Mutual 6.U 7.51 B.C. PFd Comm Inter 14.52 C a plain Inter Comm Lever 3-B9 435 Hys Corp Invest 6.15 4.73 Columbia Brew S.WW Corp Inv St Fd 5.74 5.73 Key Indust 17.75 DC-- S Air Gr In SKEWS 'i.16 4.S1 Slam Int'l 31.75 Gr Equity 7.87 8.W OILS 31.M mv Gr Fund 13.26 13.40 Albany Oil 17.37% Inv Mutual 6.30 Plains 4025 Mirt Accum 5.88 6.47 West Explor 30.50 30.50 26.00 17.50 5.62H 3.00 3.'40 Toronto mines., industrials (Snpplied By Richardson Securities of Canada) i Pacific Pete Vfe to and Kerr Addison Three killed in gunfire, bombings otiotes) By PAUL, JACKSON Herald Ottawa Bureau OTTAWA Min- ister Bud Olson has unveiled a sweeping program to halt an over-production of eggs in Cant ada that has been playing havoc with marketing channels and se verely depressing prices. Under the plan, the federal government could pay egg pro- ducers as much as million within the next six weeks for getting rid of an extra one mil lion laying hens above normal. The plan will ultimately mean higher egg prices for consum ers. It will not mean lower chicken prices, since most o the laying hens to be slaugh tered are old birds destined fo manufacturing processes rathe than the supermarket. Mr. Olson, MP for Medicm Hat, Alta., gave an assurance Thursday that the new plan wi! not backfire as did a simila plan last fall. He described th new plan as "very well though i out and an excellent propositic financially for egg producers.' I Basically the plan encouragi I producers to cut down on U size of their laying flocks b paying them as much as al governments and producer roups in evolving the plan. The an was effective as of last rlonday. Canada has a laying hen pop- alion of about 26 million birds. 'lie average producer lias a lock of between and birds. Provinces greatly affected by is subsidies and flock reduc- ons will be British Columbia, Manitoba, Saskatchewan and, to Texaco Canada Vi to Fulcrum Investments to Trizec Corp. to Velcro Industries te to Pacific Petroleum 14 to and Nor- anda to SLOW TRADE NEW YORK (AP) The stock market, ecntiraurg the de- cline of the last four sessions, slipped moderately today. Trade was slow. The Dow Jones average of 30 industrials, which had dropped some 20 points in previous ses- sions this week, was off 5.57 at 935.73 by noon. Declines led ail- From AP-REUTER I vances on the New York Stock BELFAST (CP) Bombs Exchange by nearly 2 to 1. and gunfire took three more Analysts continued to cite as lives in Northern Ireland during a major reason for the weak- the night. ness concern about the ceo- One victim was a 24-year-old nomic proposals advanced by married woman who was killed Senator George McGovern in by a hail of machine-gun fire his bit for the Democratic pres which tore through the car she identipl nomination, was sitting in in the Catholic Among C a n a d i a n s on the Andersonstown district. Her NYSE, Dome Mines was off 1% body was delivered to a nearby to and International Nicke! police station-by a cab driver to Walker-Gooderham who said he was held up by was up at armed men and given the On the Amex, Canadian Mar- corpse, coni was down VB at Bras- The other two victims were a car was up .'A at and 61-year-old police inspector who Scurry Rainbow Oil at strayed a few yards from the Republic of Ireland into the North to deal with a package of explosives and a 19 year old building worker shot dead on a construction site in Belfast. MINES Acmft Advocale AkaMcho DralornE Brouhn Bethlehem Canada Tung. Cassrar Pal. Chlmo Conwest Cons. Rambler Coin Lake Cochenour cratgmont Dlckenson Mines Denlsort Mines Deer Horn D'ETdona Dome Mines Ardona Discovery Mines East Malartlc East Sullivan Falconbfldge Frclex First Marltimes Giant Y.K. novls Granduc Headway R.L. Hollinger Osiskn Pine Point Placer Dev. P.C. Exp. Quebec Man Ravrock Radiwe RTo Algom Roman Corp. Slierrllt Gordon Sliver Miller sleep Rock Tek Corp. Texmont .60 Upper Canada 8.50 Weslern Mines 1.70 Wright Hargreaves 1.25 Willroy l.M 08 Wind rail .45 Yeilowknira Bear 4.35 75.75 Zcnmac .15 INDUSTRIALS 1.70 .65 2.42 -3S 20.50 1.50 16.50 1.55 1.15 7.05 1.67 i nayinc mem auotesi nv.co a.m. Quotes) bird ip subsidies f sending the extra million birc [to the slaughterhouse in add 30.50 39.75 3-90 .11 1.15 .30 20.25 is! 25 3.35 .95 .60 9.00 1.75 3.75 6.00 43.25 Hudson Bay M-S 53.25 By Gene Fawcetlft IOCKS fORTHE CAX DOOR ANP STEERING WHEEL LOCKS CAN'T FOiLTHE PROFESSIONAL CARTHIEF FOR LONG, BUT HERE'S A NEW ONE 7H AT GOES ABOUT TDIFFERENTLY-ITUICKS ME WHOLE BRAKINS SYSTEV FTrlEVCANtMOVEIT.THEY CAN'T STEAU IT... Banks hike lending rate LONDON (AP> Two ol England's four largest banks announced higher lending charges today in what could be a sign improvement in Brit- ain's economy. The National Westminster and the Midlands banks said they would increase their basic rate to five per cent from 4.5. Britain's other two largest banking chains, Barclays and Lloyds, were reviewing their po- sitions but were thought likely to follow suit. The higher lending charges follow growing demand for credit, partly from the in- dustrial sector, which, could sig- nal the start of a long-sought upturn in industrial invtVtment and expansion. Beef futures WINNIPEG (CP) Live beef futures at close Thursday: Jly, 37.40N; Sept., 35.75; Nov., 35.50B. Wednesday's volume: Two contracts. Hydra Ex, Iron Day Jollct Quebec Kerr Arfdisofi Key Ana con Labrador LaXe Short Langls Silver Madsen R.L. Malar-tic G.F. Martin McMeely Maclntyre Meta Alldrlm Nu West Homf) New Alhona New Calumet W. Horse Copper Noranda Norlhgate Nortex Abilibi Alcan i Atlantic Sugai Agra Ind Bell Tel Braiil Trac B.C. Burns B.C. Forest B.C. Sugar fl.75 .MIA Bow Val Ind CAE Ind Cdn Brew chemcell col Cell Calgary Pew Coron Credit C.W.N. Gas Pld .07 Cdn Ind. 47 Cdn Marconi 75 Cdn Vickers .11 Vi Chrysler ,12Vi Comfnco Cons Bath 9.50 Cons Gas Dist Seagrams Dom Domrar Dom Txe Dom Stores DomB 3.50 1.76 .31 '.11 40.00 3.50 .26 T47 39.75 5.9S .78 Dofaseo Cable Ford ol Am Grt Cdn Oil Gen Motors GrT Lakes Pp Gulf Oil Cda Greyhound Hawker Sid Hiram Walker Imp Oil tnt Nickel tnt Pipe Inv Group A Int UUI Ind Accept LaurenHdt Kelty Doug A Uoeb Lob! aw A Met Stores Massey Ferg McMillan Bloe 13.75 Moore Corp 11.55 Molsons A Molsons B 13.75 North Cent Power Corp 23.25 Price Co. 41.25 Rolhmans 15.00 St. Lav; Corp shell CDA 20.75 Sfrnpson's 32.75 Simp Sears si eel of Cda 7.B7'A Selkirk A -J.95 Texaco Traders Grp A Trans Pp 1.50 Trans Cda Pp 11.50 Union Gas 16.JO Union Oil 3.10 Versatile Mfg T2.25 Weslee? 30.00 Unfon Car I4.oa Western's B 29.12% Woodward's A 10.12V) West Cdn Sued T8.00 Zenith Elcc 34.50 BANKS 31.62W Can Imp 14.37% Montreal 30.75 Nova ScoHa Royal 39.00 Tro-nom IGUbO [sending Ihe extra million bir 20.00 -J' 6.25 73.00 15.25 AJ.25 32.87VJ a smaller degree, Alberta, r about Ihe plan, although therj acknowledged that a serious Other provinces, while eligible for the subsidies, do not gener- ally have an over-production problem. The Alberta MP stressed that egg producers will not be able to unjustly benefit from the sub- sidies. A producer would lose, rather than gain, by getting rid of too many hens or Ico few hens. Opposition MPs voiced Uoubts Mental health: A new approach PONOKA Alberta. This would require govcrn- government has been forced to ment monitoring of services to consider community based ensure the effectiveness anil mental health services because success of programs, of the rising costs of bed care It was impossible to provide in institutions, Dr. Charles Hcl- highly specialized personnel m Ion says. all areas. lion to the average week now being disposed. The pi an'will run for eig weeks. If one million extra hens are slaughtered within the eight-week period the govern- ment will pay a subsidy lor each bird, including birds nor- ......75 cents. m However, if the million figure is 13.37'A reached within six weeks, the i'ls subsidy will be boosted to 90 cents a bird. Should only extra birds be disposed of, the eight-week subsidy will fall to 45 en's a bird. Mr. Olson said the federal government has received excel- lent co-operation from provin- Dr. Hellon, acting director "To cover the gaps, we must of the Alberta Mental Health recognize and mobilize other Division, added that humani- disciplines, like psychologists tarian factors also must be in- nurses, and social workers." eluded in the shift in emphasis He said proposed legislation from institutional care. would offer some recognition to Speaking at a workshop on I non-medical personnel, for ex community mental health spon- ample, the authority as thera sored by the Psychiatric pists to commit patients to hos Nurses' Association of Alberta, pitals. Dr. Hellon predicted increasing ..We ais0 nave (0 g0 j0 n, use of community services in volunteer person who dwells in the field. the community and knows th "We are looking at a com- conditions better than the pro- munity team approach with a fessionals because they can sup- degree of local autonomy, sen- ply the degree manpowe sitive to the individual needs of needed." uation of overproduction and de- pressed price does exist In Can- ada. R. E. McKinley pointed out that under the pre- vious fowl buying program of last fall the government didn't have to pay out a nlckle In sub- sidies. Producers, expecting egg prices to leap when their com- petitors cut down the size o! flocks, Held on to their own flocks and did not even get rid of their normal quota of old birds. Mr. McKinley described the gg producing situation in Can- da today as and hs aid he hoped Mr. Olson was ow listening to better advice lan he had in the past. Alf Cleave iggar) claimed the govern- ment had only provided opposi- ion members and others in- olved in egg production with sketchy" information. He said there were far too many unanswered questions about the plan and discussions eading to the plan. He wanted Olson to elaborate at soms uture date. different he said. 7.50 19.50 14. 25.M 31.75 1S.V> UJlVl 27.75 33.3TO 11.0) Gold firm shows loss Livestock Calgary livestock I CALGARY (CP) Receipts on the Calgary livestock mar- ket to 11 a.m., about 700 head; zed on I mostly rep 1 a c eraent M 75 I Trade was active. 7.00 3.00 kinds. Amr T and T Anaconda Belh Steel Chrys'er Comsat Dupont Gen Motors Gulf Int Harvesler Kenn Copper IVetu Yorfc stocks (Supplied By Richardson Securities ot Canada) Mont Ward 1J.50 M.OO 5rLs Gulf 29.87V5 Texas Co 68.00 Wlcfcs 167.50 Wcolworrtl West Flee U.S. Sleel TORONTO 2t.62tt 20 Ind 302.11 elf 2S.75 3D Colds 515.17 ofl 5.51 HS.iJ'A 1rj Base Met 96.23 df 1.10 36.35 30 Ind oft 5.57 20 Rails 24J.5i off .ST 29.75 15 Utll 105-75 off .74 AVERAGES a Slocks 311.15 oil 1.34 Volumn Grain price review Winnipeg Grain MEDICINE HAT COLLEGE MEDICINE HAT, ALBERTA REQUIRES the services of an ACCOUNTANT I Duties: To mamlain Collegn ledgers. To record end account for cash receipts To supervise accounts payable To supervise payroll To prepare financial slatemervls al monlh-end and year-end Other duties as may be assigned Duties to commence as soorv as possible. Qualifications: Chartered Accountant preferred' will accept applications from experienced and qualified accountants. PLEASE REP1Y TO: W. G. STEWART VICE-PRESIDENT MEDICINE HAT COLLEGE MEDICINE HAT, ALBERTA WINNIPEG (CP) Rape- seed prices fluctuated fraction- ally in a local and commission house trade at mid-session on the Winnipeg Grain Exchange today. Flax prices dropped slightly in a lack of trade and rye prices worked lower in a small volume of commission house selling. The rest o! the market was barely active. Volume of trade Thursday was bushels of flax, of rapeseed and rye. HD-SESSION Flax: July 'A lower 2.755sB; ct. lower 2.75WA; Nov. ower 2.74V4A; Dec. Vi lower 72% A. Rapeseed Vancouver: Juno 4 higher Sep. Vi high r Nov. 1 highe .46WA; Jan. Vi higher Rapeseed Thunder Bay: July higher Oct. highe .36V4B; Nov. unchanged 2.37B 3ec. not open. Oats: July unchanged 69HA Oct. unchanged 70WA; Dec not open. Barley: July unchangei 1.09SB; Oct. unchanged l.IWi Dec. not open. Rye: July lower 1.0M6 ct. JA lower l.OZV'a; Dec. un- hanged l.OHiB. Grain quotes Thursday (basis Low Close 27614 High Flax ly ct 276% FOV 274% Dec 272% Rapeseed Vancouver un 243% 243 Sep 247% Nov 248 VB 245% an 246 245% 272% 271 Kapcscert Thunder Bay 272% 243 248 24514 245% Tly Oct NOV 233! 23014 237ft Dec 233 Oats Jly Oct Dec Barley Jly 109% Oct Dec Rye Jly 10254 Oct Dec 101% 229% 235% 237 232% 691'a 101W 2321'8 236 237 23214. 6914 70V4 7014 109% 10H4 Lays big eggs MANILLA A poul- try farm outside Manila is try- ing to discover which of its hens is laying giant eggs with two yolks and twice the size of normal eggs. The few slaughter cattle of ,fercd were mainly heifers, cows and bulls which all sold at steady prices. Prices Thursday: Choice slaughter steers 56.25 to 37.10, good 35.50 to 38.25, me- dium 32 to 35. Choice heifers 33.75 to M.50, good 33 to 33.75 medium 30 to 33. Good cows 26 to 27 with heifery kinds higher medium 25 to 26, canners am cutters 19 to 25. Good bulls 2 to 31. All classes of replacemen attla met a good demand a teady prices. Good feeder steers more thai 50 pounds 37 to 33.50; gooc icavy feeder heifers 32 to 34.5< stock and feeder cows 24 o 27; good stock steer calves 9 to 49.50; good stock, heife alves 36 to 39. Hogs base price 30.45. Egg report EDMONTON (CP) -Weekly egg and poultry report issued by the federal agriculture de- partment: To producers: A large 42; A MEDIUM 37: A small 22; B 18 C 6; cracks 8. To retailers: A large 50 to 54; A medium 47 to 51; A small 34 to 36; B 32 to 36; cracks 26. To consumers (in A large 55 to 60; A medium 49 to 50; A small 39 to 42. POULTRY To producers: Live No. 1 chicken broilers, 22 14; 6 and over, 26; 5 and under 6, 23. Fowl under 4, 4 to 6; Tur- key under 12, 27; 12 to 18, 25 over 18, 24. Live No. 2 chicken broil- ers 19; 6 and over, 23; 5 and under 6, 20. Turkey under 12, 24; 12 to 18, 22 over 18, 22. Hog prices EDMONTON (CP) Aver- age prices to 11 a.m. provided by the Alberta Hog Producers Marketing Board. Edmonton: 30.60, average mounted to last year 1 for the normalization of the and in 1970, net earn- mentally ill." ings after tax rose from Though prevention is an 1m- o or from ona cent portant aspect, Dr. Hellon o three cents per share. said: "Really we know nothing President W. A. Aibuckle said about prevention in our field. needed. He predicted general hosp tals will offer comprehensive services, employing a variety of professionals from the behav- ioral field as members of a team. "I think the dominance of one discipline will dis- appear." Mental hospitals must Yukon adapt and become community 1 resources, providing special- term care services VANCOUVER (CP) onsolidated Gold Corp. Ltd. as reported a loss of .....e __.......__ n operations in 1971, compar- for adolescents, forensic, alco- ed to a profit of the nol and drug patients "who revious year. J have to be cared for out of the After inclusion o! gains real- community for a lime. -J securities, which "In essence we're striving n the firm's annual report that he major part ot Yukon Con- solidated's assets is now invest- ed in shares and income deben- ures oi Lornex Mining Corp. Ltd. Unveil plans for big project WINNIPEG (CP) Trizec Corp. Ltd. of Montreal has un- veiled plans for development ct the southwest corner of Portage and Main that would cost be- tween 565 million and mil- At the moment we can really only afford to focus on de- veloping front line services." Dr. Roger Bland, medical superintendent at Alberta Hos- pital, Ponoka, said that in co- ordinating existing services there will obviously be difficul- ties. "Service will be patchy; peo- ple's toes will be trod on; or people will be forgotten. Tho people Involved will have to undergo many changes it's process of evolution." ROBERT FORD Ths Alberta Guild of pphitalmTe announces election o! officers for 1972-73. Robert Ford of Edmonton a President-, and Lonn Pcderson ot Calgory is Pmi- denr. Directors for Northern Al. tarts em Hawald John JOJEY, Theo DeHoog, end Harty Vereteen, of Edmonton. DJrflcton for Southern Alberts Grahsin Waldenberger. Ed Cote, Al HitcN staff, end of tha Guild ophlhatmic dispensers in ihl of Alberta. lion. The project would include two office towers, one of 40 storeys and one of 25, and a bank and shopping mall with a terraced garden. The development would pro- ceed if the city agreed to ex- propriate southern third of the block. DUNLOP FORD APPOINTMENT! INTEREST Thursday 30.47. OLIVETTI CANADA LIMITED INIWNATIOKAl OFFICE JQUIPMENT MANUFACTURER Requires service! of a sales representative in Lethbridge Solary, bonus, benefil. and an excellent opportun- ity for advancement. Sel1inB experience preferred but not essential. A car 11 neceisary. For oppomlment Phone Mr. D. J. McDOWEtl between 9 a.m. to p.m. Monday through fiiiaf, at 327-3555 average Red Deer: 30.65, Thursday 30.48. Calgary: 30.45, average Thursday 30.43. Lethbridge: Nil, average Thursday 30.53. Lloydminster: Nil, average Thursday 30.06. Fort Macleod: Nil, average Thursday 30.50. Grande Prairie: Nil, average Thursday 29.60. Fairview: Nil, average Thursday nil. Total hogs sold average Thursday 30.44. Prico of ,sows 23.35. "MR. DAVE STILGOE Mr. Lyndon D. Foster, general sales manager of Dunlop Ford, is pleased 10 announce ihe ap- pointment of Mr. Dove Stilooe to 1heir sales staff. Dove has had over 7 years in the automotive field, having achieved professional sahssman awards for 5 yean. He is a married man wilh 3 children, ond is Ihe 1972 President for S.A.A.R. Dave served In 1ne R.C.A.F., was born ond educot- ed in Fredericton, Bruns- wick. He takes this opportunity lo Invite his many friends ond for- mer customers to call on him for their every motoring require- ment from Dunlop Ford The Total Transportation Centre fo Southern Alberta. Is wel qualified to serve you courteous ly end SAFETY all the year when you open a Lombard North Central Deposit Account A Bank Deposit Account with Lombard North Central provides a good rate of interest, with complete safety for your capital leading to financial peace of mind. Deposits at 6 months' notice of withdrawal earn 6% interest per annum. The rate for deposits exceeding is subjectto negotiation. Interest is paid half-yearly v. ;thout deduction of U.K.tax and up to 00 can be withdrawn on demand during each calendar year. TIME DEPOSIT ACCOUNTS -Fixed period deposits of and over can earn higher rates of interest. Details are available on request. Opening an Account is simplicity itself, so write now to the Deposit Account Mansgcrforfurtherdetalls and a copy of Deposit Account Booklet No. AO 51 6. Lombard North Central Hud Offici; Lombard House, Cunon W1A1ELJ, England. Tel: 01- 499 411 1 31 Lombard St. London EGA d. OT -6234111 Lombard North member of tho National WMtmiiw Bank Group whose Capital and Reserves sxcwd ;