Oshawa Times (1958-), 10 Oct 1963, p. 22

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BUSINESS SPOTLIGHT World Displays On Market TORONTO (CP) Prices back-tracked at the close of moderately heavy trading on the stock market Wednesday. o Se "I Hard To Measure Russia -- First' a deal for about 300,000 tons of wheat worth some $22,000,000; then the whopping purchase of 5,300,000 OTTAWA (CP) -- How much will Canada profit economically by helping--at a price--to meet the Communist world's de- Good For Canada TREAL (CP) -- Canada waa 'ind it profitable to orga- nize large commercial exhibi- tions abroad, says Rene Guillot, 42, who has organized more than 13 for France. "There's no better way to make your industrial and con- sumer products known," he said in an interview. Mr. Guillot has organized ex- hibitions in Mexico, Teheran, Moscow, Lima, Helsinki, Sydney and Lisbon. He is in charge of the "France in Canada" exhibi- tion opening here Friday. "Almost everywhere we have had enormous co-operation from in countries where we ve exhibited," he said. "But nowhere has the co-oper- ation been greater than in Can- ada: I have a soft spot for this Construction Hits New 9-Month Peak TORONTO (CP) -- Canadian construction contract awards for the first nine months of this year totalled $2,659,913,800, or $134,623,200 more than in the corresponding period last year, says a compilation by Southam- MacLean Building Reports. Awards in September totalled $295,530,700, or $69,538,600 lower than the total in September last year. The nine-month figures by cat- egories are: residential $883,- 846,600, down $4,159,700; busi- ness $891,313,700, down $94,532,- 300; industrial $214,171,600, up $14,437,800; and engineering $670,581,900, up $219,257,400. Nine months figures by re- gions included. Ontario $1,069,- 962,200, down $39,558,200. jmuch effect a strike of long- country anyway, because this is where I organized my first ex- hibition." HELD AT TORONTO The exhibition was at Tor- onto's Canadian National Exhi- 5 ; st mito aie 198. »lting a new high of 103%. "It was only a small one, Mr. Guillot said. '"'Nothing like the present one. But it was very successful. "We were then trying to give Canadians an idea of French consumer goods, which in 1954 were being bought by Canadians to the tune of $20,000,000. Now|§ the Bs ig figure is more than $54,000,000. The present exhibition is em- phasizing French technology. "While we're delighted French perfumes, wines and cheeses are well known," Mr. Guillot said, "we now want to show some of the technological achievements made in France since the Second World War." ih TWO YEARS WORK 26 Almost two years of prepara-|in, tion went into the Montreal ex- hibition, Besides displaying in- M di and Abitibi gaining %. Gooderham %. points to 14 following the an- nouncement that the board of ciple an offer to be made to shareholders by a company to be formed by Annett and Com- pany Ltd., Toronto brokerage firm, under the name Montex Ltd. The formal offer is ex- pected to be made in a month. among base metals, bridge slipping % and Interna- tional Nickel %. results on the company's prop-| erty in Ireland. ions of wheat and 575,000 tons of flour. Over-all value: Close to $500,000,000. Communist China -- Renewal of the previous agreement, call- ing for delivery over three experts, that cannot be meas-|years of between 3,000,000 and ured. 5,700,000 tons of wheat worth Last year the Canadian saig?f?om $216,000,000 to $350,000,000. of about 1,800,000 tons to Red China worth some $134,000.000-- part of the previous three-year agreement--along with smaller shipments to Poland and Ai- bania made up about 25 per cent of all Canada's wheat exports. MAKE DEALS Now, since come deals for these sales: FRONT-END ALIGNMENT ALL CARS Papers were mixed to lower, mands for daily bread? Consolidated Paper slipping % The effects of the huge sales to the Soviet Union and its sat- ellites are certain to ripple through the entire domestic eco- nomy--but in a manner, say the Aluminium fell % and Walker- Banks were ahead, Montreal and Nova Scotia 4%. Chrysler led automotive ocks, up 2% to 102% after = n ay the stock was selling at tons of wheat worth some $14,- 600,000 this year. Poland--100,000 tons of wheat valued at $7,300,000 this year. Bulgaria -- 250,000 tons worth of wheat this year and 100,000 tons in each of the two subse- last May, havelquent years; total value some |$33,000,000 Monarch Knitting rose two rectors had approved in prin- Nickel producers declined Falcon- Kenworth Gold Mines held| the spotlight among speculative ines, rissing seven certs to 4% on 1,033,010 shares follow- g reports, of favorable dr dustrial products and machin- ery, much effort has been given to creating a French atmos-| phere in Montreal. "Not too dif-| ficult a job in the Province of| Quebec,"' Mr. Guillot remarked. A large exhibition of the! works of contemporary French| painters was scheduled for the] Montreal Museum of Fine Arts,| a French troupe was to perform) French plays at the Comedie) Canadienne and the latest in| haute couture was to be shown} at the Place des Arts. While Mr. Guillot spoke it was| not immediately clear how) shoremen might have on the ex- hibition. Some of the exhibits were aboard ships in the har-| bor. 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