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22 THE OSHAWA TIMES, Thursday, Morch 12, 1964 BUSINESS SPOTLIGHT y Building Boom Hits Greater Montreal _ MONTREAL (CP) -- Many; tourists visit Montreal to see its old churches and other history- steeped buildings nestled among narrow 200-year-old streets. But to get to them they almost in- 'evitably have to pass under the shadow of 20th - century sky- scrapers and along modern su- per-highways. Greater Montreal, and all of Quebec province, is currently in the midst of a building boom involving billions of dollars. The Montreal Construction Associa- tion has estimated that $8,000,- 000,000 will be spent on construc- tion in Quebec province this year. At least one-third of that sum is expected to go into the! Greater Montreal area. The value of building permits| in 1963 was $185,006,005, sec- ond only to the record year of 1959 ($209,214,652) when huge projects such as Place Ville Marie were started. A spokesman connected with the construction association says: "The prospects for 1964, and even for the next two or three years, seem encouraging. The winter months have been more active than usual with the call- ing of tenders for a large vol- ume of building and _ engineer- ing projects." VOLUME LARGE "There is also a large volume of institutional construction in- volving district colleges, uni- versities and schools and hos- pitals. Construction of several high-rise apartment buildings in the downtown area is already under way or will be soon." The extra winter activity is due to the city's unusually low snowfall--there have been only four snowfalls of consequence since the new year and the weather has been mild for the time of year. | Heavy construction, digging) and transportation, normally af-| rently being constructed are a subway, Place Victoria and the 1967 world's fair development. Other projects, either under way or to begin in the near fu- ture, include a new tunnel- bridge complex connecting Mon- treal Island and the south shore of the St. Lawrence River, va- rious university buildings, and a new provincial building to house courts and the provincial police headquarters. The value of building permits in the city for January was $7,673,800 and for February $12,726,600. Costs To OTTAWA (CP) -- The Na- tional Research Council says the annual cost of snow re- moval and ice control will dou- ble in the next 10 years to be- tween $120,000,000 and $200,000,- 000 unless better methods are adopted. The council's associate com- mittee on soil afd snow me- chanics reached this lusi in a report analyzing technical discussions which took place at a two-day conference here in mid-February on snow removal and ice control. Some 150 delegates attended the conference representing the federal government, provincial highway departments, cities, airport maintenance onganiza- tions and the railways. The report said four major steps could be taken immediat- ely in an effort to check rising costs. NET EARNINGS 1, Greater use of weather in- formation provided by the met- fected during Montreal's aver. age winters, have moved) smoothly this year. | "T really shudder to think what would happen in the down- town area had we maintained our average winter snowfall 'of| more than 100 inches," one con-/ \tractor said. "We are very, very |lucky." | |BUILD SUBWAY | Among major projects cur-| By THE CANADIAN PRESS Canadian Williston Minerals Ltd., year ended Dec. 31: 1963,| $96,718; 1962, $40,603, Photo Engravers and Elec- trotypers Ltd., year ended Dec. 31: 1963; $240,493, $1.46 a share; 1962 $208;956, $1.28. Tancord Industries Ltd., year ended Dec. 31: 1963, $400,775; 1962, net loss, $1,391,380. Siscoe Mines Ltd., year ended Dec. 31: 1963, $590,372. Tancort Industries Lid., year jended Dec. 31: 1963, $400,775; |1962, net loss, $1,391.380. | Distillers Corp. - Seagrams Itd,, year ended Dec. 31: 1963, $19,112,000; 1962, $17,876,000. |(Epxressed in U.S. funds.) $672,454; 1962, Hudson Bay Mining and) Removal Of Snow parked cars eorological service of the fed- eral transport department. 2. Provision of more adequate dump areas to receive snow re- moved from city streets, 3. Adoption of methods to prevent moving traffic and interfering with snow removal. 4, Studies into the use of heat- ing systems to melt snow as it is removed from streets and to flush the water into drains. NOW MAJOR COST | "Snow removal and ice con- trol have become of major eco- nomic significance to Canada,"| the report said. "These opera-) tions can consume as much as| 40 per cent of the total annual] maintenance budget for city, streets or highways." | There were demands by the| public for better services, plus increases in the number of auto- mobiles and trucks and the) roads required for them. | "It is estimated that for Can-| lic funds of snow removal and ice control now is between $60,- 000,000 and $100,000,000. Trends indicate that this cost will dou- ble within 10 years." "Labor also is an important factor in the cost of winter maintenance. and weather has no respect for regular working hours,"' the report said, "A six- inch snowfall can cost 1% times as much to clear on a Satur- day as on a Wednesday, twice as much to clear on a Sunday and three times ,as much to clear on Christmas Day." The report emphasized. the need for studies on the effect that chemicals have on road surfaces, structures and vege- tation. More information was needed on the correct method and rate of application under different circumstances. _ OWNS COIN LONDON (CP)--Street trader John Setters claims he has the only existing halfpenny coin with a bust of Shakespeare on it. Only 800 were minted in 1790 with Shakespeare on the ob- verse side and Britannia on the reverse. Setters said: 'I defy anyone to produce another like Mad Speculatives Gain Favor On Stock Market TORONTO (CP) -- A revival of interest in speculative trad- ing and the announcement of a proposed takeover bid were the main features of a somewhat erratic market Wednesday. Heavy trader for the day was orthcal with a turnover of 10,600 shares, up 10 cents to 88 cents. Mount Wright rose nine cents to 60 cents on 160,- 900 shares and Crowpat 2% cents to 11 cents on 81,000 shares. { Calvert advanced 4% cents to 52. cents on 251,920 shares among speculative oils. Union oils, Canadian Collieries was standout on the industrial board. The issue gained 5% to 12% af- ter reaching 12% on 28,200 shares following the announce- ment that Western Plywood Co. intends to make a takeover of- fer of $13 a share in April. Massey-Ferguson also traded heavily, ahead % to 19% on 28,757 shares. The issue set a new high of 20% during the day. Automotive issues moved strongly ahead, General Motors, Ford Canada and Chrysler up. more than one point. Banks were uncertain during the day and closed slightly lower, Im- perial Bank of Commerce: the main loser with a drop of. % to %. Noranda rose % to 42% and Consolidated Mining and Smelt- ing %4 ot 32% in senior metals. A softening among juniors helped push the index down. The exchange index edged ahead .01 to 132.65, industrials 04 to 141.51, golds eased .15 to 135.92, base metals .15 to 65.33 and western oils .41 to 82.69. Volume for the day was 3,687,- 000 shares compared with 3,174,- 000 Tuesday. oil fell ¥% to 11 among senior) SUPPLY WATER WINNIPEG (CP) -- Manitoba 4/ Water Supply Board is hoping to supply 16 more towns with water systems by the end of 1964, The board instals the sys- tem and looks after construc- tion and operation, with each community paying rates calcu- lated to pay for the system in 35 years. all) | N.Y. Senate Gives OK To | Bread Curbs ae | ALBANY, N.Y. (AP) -- The- |state Senate gave final legisla- ltive approval Wednesday to a bill designed to curb imports of bread from Canada into New York State The measure swept through the Senate without debate and was sent for signing to Gover- nor Rockefeller, who has not taken a position on the issue. The measure was drafted in response to complaints from bakers in northern New York, especially around Buffalo, that |they were running into stiff |competition from lower-priced Canadian bread. Under terms of the bill, any white bread or rolls baked out- side the state and sold in New York would have to meet st--4- ards for vitamin and mineral content. Bakeries would be suv- ject to sanitary regulations equivalent to those required in the state. ada the direct cost from pub.| Smelting Co. Lid., year ended |Dec. 31: 1963, $11,737,063, $4.26; |$11,302,305, $4.10. Re =WHERE SM ART WwoMEN SH mon oF" the styles...colours... fabrics'g, | ALL OF SPRING'S*t! IN COATS Here are coats with all the finest fashion ingredients for Spring and Summer. You'll find new interpretations of the Blazer look, the Chanel look and the semi-fitted look sparked-with many variations in collars, belts and buttoning. You'll even feel Spring approaching as you try on the four coats shown here and many others you'll see at Reitman's tomorrow. ') Chocolate Party M chocolate. EATON Spring Sale, Ib. Mixed Salted Nuts etc. . . . gently roasted a CONTINUES FRIDAY, MARC Assorted creams, caramels and raisins covered in glossy light and dark milk Brazils, cashews, peanuts, almonds, an j : ; "Willow Crisp" Bite size, snack size -- peanut crunch is generously dipped in rich squares of milk chocolate. 5 EATON Spring Sale, Ib. ...... = "Rowntree" Smarties nd salted to Smooth chocolate centres with a thin candy coating -- in a variety of SOLID MILK CHOCOLATE BUNNY Such fun to give and to receive. A taste-tempti solid chocolate bunny to say "Happy Easter'. Made of creamy smooth milk chocolate from EATON'S own candy kitchen. Boxed for gift ' 13th! OPEN TONIGHT (Thursday) and FRIDAY UNTIL 9! colours, EATON Spring Sale, Ib. ...... bring out the full nut. flavour, EATON Spring Sale, lb. EATON'S MALL LEVEL, DEPT. 214 1.69 PHONE 725-7373 jay 69 ing. Approx. 1-Ib. 6-ozs. and 91" tall. EATON Spring Sale, each é A. A stands for ee eee A-Line, here in laminated crepe. Big buttons and a Queen Anne bow give a look that's chic anywhere. Navy, black. 8 to 1B. eseessssesereeeee $24.88 B. Wool flannel laminate is jaunty for spring. Welted pockets have a set-in belt which reappears , buttoned, at back. Navy, COU HCY, B tO 18.6. csc ccc occcs $19.88 MAKE USE OF REITMAN'S CONVENIENT LAY-AWAY PLAN 29 SIMCOE STREET SOUTH 725-6221 OPEN THURS. and FRI. C. Looped mohair is laminated and has a braid trim and very fashionable cardigan neckline. Large pockets, large buttons add ~ impact. White, aqua, navy. 8 to 16. $24.88 D. Woo! flannel laminate with double- breasted Coachman look. collar, contrasting butto grey. 8 tO 18. ..scscooee OSHAWA SHOPPING CENTRE NIGHT UNTIL 9:00 P.M, .-large notched ns. Navy, red, vovvcces 19.88 725-4361 He Spring Hats for Little Girls Pert and pretty little straw-types specially designed for the 'Little Miss'! Choose from a wide var- iety of styles suitable for ages 4 to 12... trimmed with dainty flowers and ribbons. Colours include white, pink, yellow, Each 2.98 to 4.98 EATON'S UPPER LEVEL, DEPT. 204 Spring 1964 Stylings In... FLATTERING MILLINERY Spring '64's hat fashions include straw fabrics . . flowers! Styles range from dressy to tailored. . , youthful to mature . . small head toppers. Pretty pastel shades of pink, blue, yellow, green, white or timeless black plus many others. See the wide selection available at EATON'S and you'll find the one you want for your 'Easter Bonnet"! Each 6-98 fe 12.98 (Ask to see our collection of exciting new Imports! Each 15.98 to 27.50) . frothy org anzas , . . and feminine . wide-brimmed to green or blue. PHONE 725-7373 e@ DRESSES e SEPARAT These informal e SUITS ES e COATS ® e SHOES AND ACCESSORIES EATON'S Presents... PARADE OF SPRING FASHIONS! Come and See the Exciting New Fashions for '64... FURS e SPO MODELLED BY MEMBERS OF OUR SALES STAFF sho wings will take place in the Dress Dept., Upper Level on TUESDAY and WEDNESDAY, MARCH 17th and 18th at 2:30 P.M. e MILLINERY RTSWEAR EATON'S Open Tonight and Friday Until 9 P.M.