The Goderich Signal-Star, 1975-11-27, Page 20PAGE 6B---UODERICHSIGNAL-,STAR, THURSDAY, NOVEMBER 27, 1975
THURSDAY,
Each case is unique.
m
Personal treatments different
in wide variety of cancer
"Every person's cancer
needs special, personally
tailored treatment" said Dr.
Roger Inch as he spoke to
about fifty members of the
Huron County Branch of the
Canadian Cancer Society at
South Huron Hospital
recently.
Dr. Inch, who is head of the
Cancer Research Clinic at
Victoria Hospital in London,
Ont., hastened to add that this
type of personal treatment is
impossible to give with the
,_.,.,xtumber of researchers and
workers presently employed
at the' Clinic. The clinic is
sta;rfed by five senior
members and the rest of the
contingent comes from
graduate students at UWO.
Dr., Inch, who has lectured
and studied at the University
of Chicago and -the University
c)f California at.Berkle0 said
that there" are 44 drugs that
are, used individually and in
combinations in the treat -
than that It does, however,
give the researchers the
advantage of knowing the
proper type of therapy and
the correct combination of
drugs to use on the
human in the event of a
reoccurrence of cancer.
The other major drawback
is the cost. , Each df the
animals averages about $8.50
each and at least 100 are
needed to do a proper
research intd the reactions of
the animals to the treatment
administered.
The use of animals is being
Rridoe. cores
.
Mary Donnelly and Eleanor
Erskine scored .100 points to
top the North-South section at
the November 11 meeting of
the Goderich Bridge Club,
There were eight tables in
play.
Verna Worthy and Jean
ment of cancer. These drugs_-_ Cook took second spot with a
and the research into ' them point total of 911,-2 with Mary
are not administered in a Lapaine and Gail Hovey
scientific manner, but rather settled for third place with
an "empirical selection of 931,2 points. •
drugs is used, ° Susan White and Vera Hill
The major problem with took top honors, in the East -
the administration of West section t}'ith 991,, points
radiotherapy is the ability of white, Joanne Duckworth and
a tumour to outgrow its blood Lee Ryan were a close second
,supply, When the tumour with 9712 points. Sally
does. this, its susceptibility to Rewbothan and Betty
the • destructive rays of. Christian finishedthird with a
radiotherapy is greatly point total of 941;2,
lessened. Bill Bradley and A.
Many cases occur of the Weerasooriya scored ,98
periphery of the tumour, points to claihi top honors
which' still has sufficient with the North-South division
blood flow, being killed while ' at the Nov.. 18 meeting of the
the interior of the tumour club with eight tables in play.
continues to live and then can, Mary Donnelly and Eleanor
regrow. This limits both the,. Erskine took second place
effectiveness and the amount with points followed by
of , radiotherapy that can Tom Eadie and Ray Fisher,
safely be given before with 94:
damage•toother cells.occurs. Evelyn Galbraith and
One solution to the problem Dawna Sproule led the East -
is the use of oxygen tents to West section of play with 981/2
inject excessive oxygen into points . while Art Wislon and
the infected area thereby. Omar Haselgrove:,, to,o r
increasing its sensitivity to second place with 97 points.
radiotherapy. The difficulty The team 'of Cathy, McDonald
encountered here is the size of and Pat Stringer settled for
the, tent and 'the difficulty of third with a point total of 901/2.
directing the rays around the
cumbersome' tent.
One of the most successful
of the ,new methods of
research is the use of a new'
brand of hybrid mouse called
tide nude mouse, so called
because,of the mouse's entire
lack of hair.
The nude' mouse, has had
its immunity to all diseases
suppressed. This is done by
destroying the ',effects of the
thymus . gland, the gland
.,whish produces immunity in
all animals.
Cancerous tissue is'' -then
grafted ' to the mouse and
,allowed to grow, and the
ensuing treatment that'comes
from research is then.used on
the human whose tumour it
was originally, as the con-
ditions of the mouse closely " The' Goderich detachment of
coincideswith that of a the Ontario Provincial Police
human - announced the addition of
There are several inherent Corporal Arnold Craig to the
difficulties with this treat- •forc'e last week. Corporal
menti Dr. Inch said, The Craig has been a member of
biggest drawback is the time the Fort Erie detachment for
involved with this sort of
the past 221/2 years and i,1ra-
research. It often takes over tends to settle in -the Goderich
two months for the animal to area with his wife Dorothy
Show the proper signs that and a son. The addition to the"
are needed to commence Goderich detachment boosts'
treatment and many humans the force total to 31 members.
need treatment much earlier (staff photo)
PUBUC NOTICE
TQ'
SENIOR CITIZENS
The Goderich district Housing Action Committee
is attempting to determine if there is a need for
more senior citizen housing in Goderich. We
need your help.
r1.
Do 'you know, or, will you in the future require
housing in the town of Goderich:
PLEASE PHONE
TOWN OF GODERiCH
524-9492 -
COLBORNE,TC)WNSHIP
524-6365
(REEVE McNEIL)
,.
GOpERICH TOWNSHIP
524-7093
(REEVE GINN)
>
'YOUR' DISTRICT ,HOUSING ACTION COMMITTEE
phased out now and the use of
"culture vessels" is ,peing
brough in. Culture vessels
area type of container that
when properly incubated will
produce the cancerous cells
and the surrounding area. All
that is needed is a small
selection of the tumourous
area and within three or four
days these vessels will
reproduce that area. In this
way thousands instead of
hundreds can be studied'and
many more samples can be
taken.
When the culture vessels
are -being studied they can be
treated with any one of the
combinations' of treatments
for
combinations
that are now
available.
The samples in the culture
vessels can then be tran-
sferred to Petrie udishes
where they can be multiplied
thousands of times over and
then can be studied. This
method is also substantially
cheaper than the use ' of
animals.
The biggest key to cancer
treatment is early diagnosis,
allowing a longer time to given chemotherapy, but
research the proper method people wltio are Estodiole
of treatment. Breast cancer, negative are not susceptible
which has the second highest to chemotherapy. This
rate of occurrence of any eliminates much of the
cancer cart often be detected guesswork in trying to deduce
by self-examination, Dr. Inch the best form of trea'tnient.
said. He added that it often The biggest drawback in
shows up in such treatment research Is the
examinations, but that self lack of manpower. The time
examinations is notinfallible. ' • and the expenditure for each
Two tests that have been patient often prohibits the
discovered, however, are,"- necessary research "except
making cancer detection for _those patients whose
easier now. Carcino cancer is in the advanced
En'lbrypnic Antigen, or CEA; stages.
a component in the blood, is It take`s approximately a
often)higher in a person that week for each subject to be
has a tumour than it is in a researched, and one
non -tumourous person. It is a' technician can work on only
useful index in the discovery six to eight tumours a week.
.of breast cancer, but it is The best preventive'Dr:.Inch
often cost prohibitive, costing stressed was early detection,
between $100 and $150 a test. but the lack of desire by
The other test that can be people to pay for physicals is
run to discover the best one factor, that inhibits this.
treatment for cancer is the Under the present OHIP
use df Estrodiole Receptors, format, one physical is given
or Hormone' Receptors. free each year by the General
Estrodiole is .a hormone Practitioner. GPs are. often
produced in the body. People reluctant to give more, Dr.
who are found to be Inch said, because fe the time
Estrodiole positive can be involved.
— Staves individually pressed under 500 tons hydraulic pressure
-- Plaster lining on entire silo
These factors reduce acid absorption to a minimum
FOR INFORMATION WITHOUT OBLIGATION CALL:
�Yr
AREA SALES REPRESENTATIVE
Francis Boyle
R.R. 3 Ripley
395-5088
e•.
Tower King Silos Ltd.
Wallenstein,
669-3984
EARLY ORDER DISCOUNT BEFORE JANUARY 1st
CANADIAN IMPERIAL
BANK OF COMMERCE
STATEMENT OF ASSETS AND LIABILITIES
As at October 31, 1 975
1975 1974
$ 4;.422,483,850 $ 3.295 287,155
346,961,.627 543.182 861
ASSETS
Cash and due from banks
Cheques and other itemS in transit, net
Total cash resources
Securities issued or guaranteed by Canada, :at
amortized value •
Securities issued or guaranteed by provinces; at
amortized value
Other securities, not exceeding 'market value °
Total securities ,
Day, call and short loans to investment dealers
and brokers,'secured
Other loans, rncludm,g.mortgages less provision
for losses.
Total. loans
Bank premises at cost, less amounts written off
Securities of and loans to corporations controlled by
the bank
Customers' liability under acceptances, gua'`ra'ntees
and letters of -credit. as per contra
Other assets
4,769 445477 3 838 470 016
1,729,602 61 5
1 911 404,646
113,862 998 64 191 .783
695,700 578 636,229 878
LIABILITIES
Deposits by Canada
Deposits by provinces
Deposits by bank$
.Personal savings deposits payable after notice
to Canada in Canadian currency
Other deposits
Total deposits
Acceptances guarantees and letters oficredit
2,539,166.191 • 2.611.826 307
133,379 944 • '561.588.307
13355073 939' ..10.948.009 582
13,488 453.883
232,365.115
189 733 055
1018.137974,
• 21 751 534
$22,259,053,229
(0.
277 061 569
225 110 917
3.512 727795
8463.958412
7 667 175 067
20 146 033 7-60
1 018 137—.974
Other liabilities ,
Accumulated. appropriations for losses
Capital,Funds ,
Debentures Issued and outstanding (Note 2)
Capital Authorized -62.500 000 shares of a
par value of' $ 2 each
Issued -34 840 000 shares fully paid up
Rest account
Undivided profits
89 857 625
256 825 124
1 7 5 000 0"00
69 680 000
500 000 000
3 518 746
Total'capital funds 748 1 98 746
11 509,597 889
..212 730.210
99 628,385
650 092.051
' 24 536.327
$18,946,881,185
288,343.685
:346.302.456
2 220.880 047
76.39337875
.6 899.563 247
1 7 '394 427 310
650 092 051
' 7 1 172 784
2.10 821 954
1 0o 000 000
69 680.000
450.000 000
687 086
620 367 086
$22,259,053,229 $18,946,881,185
STATEMENT OF ACCUMULATED APPROPRIATIONS FOR LOSSES
For the financial year ended October 31 1975
Accumulated -appropriations at beginning of year. .1975
General S 88: 865 2'76 - $ • 108 500,041
Tax•paid 121 956 678' 96 749 323
1974
Total 210 821 954 205.249:364
Approp'r'iation from current year s operations (Note 1) 40 000 000 38,000.000
Loss experience on loans less provision Included In
other operaking expenses ' (4 844 085)
Profits and losses on securities including provisions
totreduce securities other than those of Canada
and provinces to values not exceeding'market
(Net credit in 1975 reflects mainly a iar11a1. ' ,
reversal of provisions made in previous years
to reduce carrying value$ to market values) 11 580 1 80
Other profits losses and non-recurring items net (732'9251
Accumulated appropriations of end of year ' 256 8251 24
Accumulated appropriatin•ns at end of year
General ' 93 110 582
.Tax -paid 163 714 542 421 956 678
(6 624 487)
(26 772 430)
(30 493)
210 821 954°
88 865 276
Total '$ 156,825,124 $ 210,821,9,54 °'"'
STATEMENT OF REST ACCOUNT
For the financial year ended October 31 1975
Balance at t)r,cfiYOnir r) of yaar
Transfrr from iindrv,rled profits
1975 1974
4 5(1 00n 000 $ 415 000 000
50 000 000 35 000 000
Balani e at end of year S 500,000,000
$ 450,000,000
STATEMENT OF REVENUE, EXPENSES AND UNDIVIDED PROFITS
For the financial year ended October 31, 1975
REVENUE:
Income from loans
Income from securities
Other operating revenue
Total revenue
EXPENSES:
Interest on deposits and bank deben,t4,res.
Salaries, pension contributions and
other staff benefits '
Property expenses, including depreciation
Other operatintcd•expenses including provision for
losses' on loans based on five-year average loss
experience (Note 1)
Total expenses
Balance of revenue
Provision for income taxes relating thereto
BALANCE OF REVENUE AFTER PROVISION
FOR INCOME TAXES
Appropriation for losses (Note 11
Balance of profits for the year
Dividends
Amount carried forward
Undivided profits at beginning of year
Transferred to Rest account
1975
$ 1.551 .291
183 552
144.451
504
658
134
1974
S
1,369 984 826
176.499,512
1 1 2 649.482
1 879 2.95. 2,96 1 659 1,33' 820
1 1 10 768,044 , 1:041.991.334 ,
301 595 d95
74,637 472
241 914 012
64 486 423
1 29.851 225 . 104 612, 701
1 .616 852436 ' 1 453 004.470
262 442,860
1 28.500 00.0.
206.1 29..350
104 800.000
133 942 860 101 329.350
40 000,000 38 000 000 .
93 942 860 63 329 350
41 1 1 1 200 38 672 400
52.831 660 24 656 950
687 086 ` 11 030 136
53 518 746 35.68 7 086
50 000 000 35 000 00Q
Und vided profits at end of year s. S 3 518 7.46 $ 687 086
•
NOTES TO THEFINANCIAL STATEMENTS
1 A provision.on account oflosses incurred .on loans is included In other operating expenses
based 00 a formula which takes into account the loss experience wer the. past five years
In addition to the provision for losses Included In other operating expenses an appro,
!manor) is made out of earnings at each year end to provide for losses not yet known which
'lay be 'carred 011 realization of existing loans together with possible tossl'•s on securities
rilld other assets
Debentures issue(.! a ul outstanding comprise.1 975 1974
(a) 7''r Debentures.maturnng December
•
1 5 1 992 $ 50 000 000 S 50 000 000
(the holder,, of any debenture may elect that
such debenture mature on December 1 5
1978)
(b) 7'',
''Debentures maturing May 1 5 1 99:3 50 000 000 50 000 000
(the holder of any debenture may elect that
such debenture mature on November 1 5
- 1979)
(c) 9'nDebentures maturing January 2 1995 75 000 000
(the holder of any debenture may elect that
such debenture mature on January 2 1 985)
sr
s 1 /5 000 000
$ 1 00 000.000
3 The financial statements Include th'e assets and liabilities and results of operations of
California Canadian Bank, a wholly Owned subsidiary
CHAIRMAN'S STATEMENT TO SHAREHOLDERS • .-.,
Due to uncertainties, regarding the delivery of mall in Canada, we are publishing In
'detail the results of your Bank's 8tierations for the fiscal, year ended October 31 1975
Copies of the Bank 109th Annual Statement will -be available at each of our branches
Your bank has experienced another successful year, with assets exceeding .22 billion
for the first time Balance of revenue after income taxes has increased from S2 91 to
$ 3 84 per share -
As I have mentioned 10 you 10 our Interim Reports, your Bank's internahbnal Opera-
tions have continued 10 show soundly based'growth These earnings which contribute
notably to Canada s balance of payments and. therefore. to the Canadian economy as
a whole, now make an important contribution to the Bank s profits. as shown in the •
table below
1975
1974
1973
BALANCE OF REVENUE AFTER TAX
t (Millions of Dollars)
Domestic. 1-nrernatinnal
Business Business
$
113
93
87
21
8
6
Total
$
.1S4
101
93
Our broadly )ased domestic business continues to he the major source o our profits
with earnings after Income taxes increasing 22'/, in the year on a growth in average
domestic assets of 16'V. The earnings. contribution from international busiri,ess
increased 147'/' from last year Of the total rncrease of $ 33 million in balance of revenue
after income taxes S 1 3 million was contributed by international business and S20
million was derived from domestic business
Overall earnings have enabled us to increase dividends moderately andto permit the
addition of S50 million to Rest Account, increasing bur capital base to support our
continuing growth
J Page R Wadsworth
Chairman and Chief Executive Officer
More than 1650 branches in Canada
Head Office Toronto . Regional Offices in Vancouver • Calgary • Regina • Winnipeg • Montreal • Halifax
Offices throughout the world '
New York • Portland, Oregon • Seattle • London, England • Frankfurt • Paris • Antigua • Bahamas • Barbados • Cayman Islands • Grenada •
,Jamaica • St. Lucia • St Vincent . Trinidad. 'nd Tobago California Canadian Bank, San Francisco, a wholly owned subsidiary with 20 branches
in Callfgrn°ia--Trust gperations in New York • Bahamas • Barbados • Grand Cayman • Jamaica • Trinidad and Tobago ---Resident Representatives in
-.Chicago • Dallas • Los Angeles • San Francisco • Brussels • Milan • Zurich • Bahrain • Hong Kong • Sydney, Australia • Tokyo • Sao Paulo, Brazil.
•
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