	canadian pacific cp confirms ings canadian pacific ltd said fourth quarter operating profit rose to mln dlrs or cts a share from mln dlrs or cts a share a year ago the statement confirmed released preliminary ings figures the company released in february a mln dlr gain on the sale of cp s cominco ltd interest helped raise final fourth quarter profit to mln dlrs or cts a share the company said a drop in full year operating profit to mln dlrs from a restated mln dlrs in was due mainly to lower world oil prices the company said its cp rail division reported net income of mln dlrs compared with mln dlrs in it said grain traffic recovered from drought affected levels of a year ago but was offset by weakness in other traffic areas and increased expenses it said the net loss from its soo line increased to mln dlrs loss from mln dlrs loss in mainly due to restructuring charges canadian pacific said favorable developments during the year included reduced bulk shipping losses as a result of a recovery in tanker markets and a turnaround in the forest products sector reuter 
