Word: canadianization
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Dates: during 1960-1969
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...hold a contract and when to sell. Prices rise sharply on good news, fall in a matter of minutes on bad news, and gyrate with changes in weather forecasts. Last week's action was generated largely by reports of reduced grain surpluses and the Soviet purchase of Canadian wheat. Two weeks ago, Vice President Humphrey caused a 3% jump in soybean futures by revealing in a speech to farm editors that the soybean surplus this fall will be only 32 million bushels, or a two-week reserve, rather than the 48 million bushels that the Government had previously estimated...
...former boss and later when I made him a minority partner in my business, I am mortified that my good friend and geologist, Franc. R. Joubin, should write as he does of my career [June 10]. When Canadian Franc. Joubin was employed by me, the price of uranium had already been fixed by the U.S. at the rate of $8 or better per pound for all uranium-producing countries. Canada was not excluded. The North Span Uranium Mine was completely financed by Morgan, Stanley & Co. and the Chase Manhattan Bank to the extent of about $90 million...
...Many Are Afraid." In the art of acquisition, Canadian-born Cummings has the connoisseur's touch. He likes to buy the works of recognized painters, unblinkingly paid $92,500 for Picasso's Woman with Flowers. Doing corporate deals, Cummings looks for moneymakers whose owners might like the strength and size of Consolidated. He closes deals rapidly, sometimes in just one day. "If they don't go quickly," he says, "they usually never go." He scrutinizes a prospect's book value, sales and earnings reports, also examines advertising budgets because "advertising is closely related to consumer demand...
...English and French Canada by cooperating with the government of Quebec's Liberal Premier Jean Lesage, got a rude jolt last week. Lesage, 54, who had even been mentioned as a possible Pearson successor, was drummed out of power in one of the biggest election upsets in recent Canadian history...
...with everything from bank robbery to narcotics offenses, only 1% of that group failed to show up in court. What makes those figures all the more spectacular is that the Detroit court is a mere ten-minute, 25? bus ride away from the tempting possibility of sanctuary across the Canadian border...