[6 The Guardian. Charlottetown. Mon. Dec. 2. 1ll§_3_.

Wheat Gives New Boost To Canada's Trade Siaius

By GREG Max-DONALII

Canadian Press Staff Writer

Canada's steadily rising world; trading position got another! boost last week with wheat: again supplying the impetus.

The Canadian wheat boardl‘ Tuesday announced that Com-i munist China had made a sec; ond 18,700,000 - bushel purchaset under the long-term agreement signed last April. '

Worth about $35,000.000. the wheat will be shipped from Pa- cific ports between Feb. 1 and June 30 next year. The second contract. the same size as the first. brings total sales to Cont-.

mg markets overseas. Some, and end - of - December fig. of the big trade deficit with the; urea are available. United States also occurred. ; Turning to the busing” om. WHEAT SALES HELP I look 1964, the investment

A bureau official ‘said that of‘; firm of Wood, Gundy and co, 20 leading conimodities a total.‘ _Ltd.. says the general prospect of 17 recorded increased Ship-t is one of further growth. “but, ments. One of the main stimu-t slower growth—a rise in gross} lants to the surplus was 111-‘ national product of three to: creasedh sale 0tw\t'h'ea£; trongjei-t ‘per cent instead of six per . ‘rance, cs ci y_. . , South Africa, Japan‘ ’ 1 and Yur:0sla\'ia- j SOARED SKYWARD

The trade figures do not rel-‘ 1“ 1935_ . he1.iu,m_,;med bat, lect wheat sales to _Russla. loon ca-fried two me“ u, . Their effect on Clanadas ‘over-‘ height of 13.71 miles, a record all 1963 trade position wont be for manned flight that existed known until end-of-November for 21 years.

mtinist China under the agree-

ment to 37.300000 bushels. Communist China has agreed

to take a minimum of 112.000.-

three-year period which started last Aug. .

The importance of wheat to Canada's trade position and - of — payments prob- this year is becoming more apparent with each sale. CALLED LUCKY BREAK

Finance Minister Gordon said in Ottawa earlier in the week that Canada might be facing “very serious difficulties" if

S/¢PlEClAlS up . /-if//Wm////tttttiii ti\\h\ai\\\\ SLE STARTS MONDAY VALUE PACKED siircitiis

VIKING

3». 1..

, . General Electric tree lights are light goes out the others will stay

lights. if one

individual lit. We will check and inspect your present sets free of charge.

NEWSON ELECTRIC

161 Queen Street Dial 894-8325

it hadii‘t been for “the \‘(‘i‘_\‘ lucky break of the big wlicat sale to Russia."

In the same vein, Jean-l.uc Pepin. parliamentary secretary to Trade Minister Sharp, said that because of big wheat sale; Canada's exports to Communisti countries next year probably will account for 10 per cent of

total Canadian exports com-' pared with about 1.5 per cent prior to 1 1.

But apart from wheat, he said, “it seems unlikely that . . . we can look to these coun- tries for any dramatic or sub- stantial change in our tradi- tional trading patterns."

Mr. Pepin, speaking to the Montreal Advertising and Sales Club, said that next year the Soviet Union and Communist China will rank among Can- ada's largest halt’-dozen foreign markets.

i*‘roni.()ttawa 'l‘ucstlay came news that Canada's trade stir- plus at the end of October this year totalled $249.600.000. com- pared with a deficit of 3.25.400,- 000 on the same date last year.

The bureau of statistics fig- ures showed that in the Janu- ary - October period Canadas world trade position remained buoyant as a result of expand-

BELVEDERE

Santa Says Shop Here For:-— Childreits Wear Ladies Gifts

Men's Gifts Groceries

Open Until 10 p.rn. 7 Nights at Week

St. Peters Rd. Sh:-i'\vonrl

sarsataesivmaesssamsiroareerﬁﬁ

iﬁ insert inside at tough vinyl fabric outetr cove . ‘V RED HOT At big savings!‘ Buy now! ‘A! SPECIAL. each ‘1;ggw§ﬂo;',{jl§j;.W°°ﬂ;f_-g‘:""P'°*; . . . mam ‘K... 8.00 Per Month tool. anevice tool, dusting bmsli. I _ of SCI(:l;liiItl:g looiis é‘i\.';:«iIa“I:IC for hand suvrfatce flooning, :r"“°‘s‘°‘°’l’1 tmé cad_em°‘”““f’1h‘é;l‘: . C New‘ " d apme" ” C‘ 7 twitch conveniently placed on FREE D-RAW FOR 2 DRYERS ‘ "' ‘ °““ °‘ '" '"'“"- Um 3*"-* * speedoacks.olienncaliytireat.ed -- ~ . _ J SUNBEAM ELECTRIC gowm cimrlnroteetedmirofrz 1:. . '=,., . _ a

WASHER with PUMP

FINANCING FOR BUSINESS

On December IOih, I963 J. F. CLEMENTS and R. J. COLLINS of the Industrial Development Bank will be at the

KIRKWOOD MOTEL Charlottetown. P. E. I.

nessﬁoryourolottlies.St:mdywri-irgerwitlioafovynel Redl-lot

ohmaniliuntplavted dtrainboards. .89 Special

7.00 Per Month —No Down Payment

each

Except-ionol Value!

VIKING ELECTRIC DRYER

139.88

9.00 PER MON'l‘ll—-NO DOWN PAYMENT

If you are engaged in a business—-or plan to start one—and required ﬁnancing is not available elsewhere on reasonable terms and conditions, you are invited to discuss your needs with the IDB representative.

An appointment for an interview can be arranged by telephoning

SAVE 110.00 ENTERPRISE RANGE

With easy-clean chromium plated oven. Reg. 309.95.

Full length fluoreisoent lamp, clock controlled oven. electric mtiinute minder. autotmatic oven, preheat, via-r- iable speed broiler. bake and broil pilot lights. (timed appliance outlet, seven heal switclhos. nondrin cooking top. The "Micro-Chi'om" oven finish -is a special eoottna feature. Hard, high lustre finish will witvlistand yeans of constant use.

RED H0’l‘ SPECIAL, each

1 99.95

10.00 PER MONTH No DOWN PAYMENT

Safety

llimtitt safety switch pinavenlts ovetrilieating. Top moulded lint tray easily ' . For 220 volt oneinatttiion. Steel cabinet with wtliiibe balked enamel finish.

RED HOT SPECIAL, each

Mr. Clements or Mr. Collins or the Kirkwood Moi-el

Telephone 4-8527 or 4-5147

VALUE PACKED GHFT OFFER Stereo - Phono - '-Radio CONSOLE

PLUS BONUS OFFER OF 5 LONG PLAYING RECORDS

or in advance by writing to i

INDUSTRIAL DEVELOPMENT BANK

Wen known British 4 speed automatic

nietiwiork to give sparkling liigli and full tlmuated luau

129.95

Regional Office 236 St. George Street, Moncton, NB.

No Down Payment s.oo PER MONTH

RED HOT SPECIAL, all for

HOOVER VACUUM with triple action cleaning Smart. modevnn styling. full sized upright cleaner. The slower

you push, the faster it cleans. Low down for under beds and fumiture. Easy to change. large storage, ﬁltering, paper r

NEW! LEWYT

IIAGIIIIM CLEANER

$

ooni. Luggage tyipe haindle. RED HOT SPECIAL

HAIR DRYERS

Has four t.empi=nrattuv'-te settings cont.i'ol‘ed by dial. Long ﬂex- ible hose with ccmfoitablc lined hood. also may be used for drying stock-ings and lingerie, and fingeii-nails. Coloums: pink.

easily be the winner of one of these

You can

aazwttwsivsraa ,. ex

I 5* 1i5.T9?ﬁ3{>t«'VM+‘i’.*

SUPER

;:.AND snot; ovvmzt Ev *’:LAND Page-._g

latest model clothes Hue’ mmumm ‘''”'s! 1 RED HOT 1 8 8 SPECIAL, each , Complgfg NOTHING TO BUY! VALUE PACKED OFFER! ‘ CHIRISTMAS

Just ask one of the - Easy

STORE HOURS open until

9PM

the following nights

Monday. December I Tuesday, December 10 Wednesday. December 11 Thnnduy, December 13 Friday. December 1: Saturday. December It Monday. December II Tuesday. December 17 Wednesdﬂn Dooombor ll Tlurldlv. December 10 Friday. Docanber IO Saturday, December 11 Monday, December 13 Son clues Tuudoy. Doe. II. at 8:45 p.n.

cashiers for a ballot

. write down your

REFRIGERATOR

Checlt the many deluxe features ..I . . .. SAVE NOW! 12 cu. ft.

address and and de- i posit it in one of the I boxes provided at the

store entrances. Win-

ners will be notified.

name,

phone number

You not plenty of storage space in the Moclary-Easy and down-to-earth value. The freeur holds 50 lbl. of frozen ‘ foodsandtliefreezerdmwui-mooliq'13lba.I.n Nmsmwmcﬁmmntrwnemuhinnmnuaiup ers. Glide-out Shelves and Deep Door ﬁt:-age wﬂi Removable Eu Trays. Butter and Cheese Keenan and in; Battle Storage.

.~; as ._.

3

‘1t$’fﬂ.‘."si-',~t."w,V‘_<,_

RED HOT SPECIAL, each

214-“

11,00 rim MON’l'll—NODOWNPAYImN'.l

Al

5;gayaaamewscé;.:thsr.svtt<A.#is<s“.s<L*4t:u,y.2-rats,

MARKET

I