Distribution issues continue in Canadian bond market
Distribution matters dominated Canadian fixed income news with no new features seen in the bond market last week. Officials formally offered Canada Iron Foundries 20 year Linking Fund Debentures for about 7 million dollars in 64 percent debentures priced at 99 dollars plus accrued interest.
MENTIONED IN THIS ARTICLE
Canada Iron Foundries
Canada Iron
Canada Iron Foundries Ltd
Westcoast Transmission
U.S
Saskatchewan
B.C. Power Corporation
City of Vancouver
Vancouver
Vancouvers
Superior Rolling Stock Ltd
Algoma Central and
Hudson Bay Railway Co
Philadelphia
Algoma Central
US Treasury
Treasury
Canada
Canada reports record deficits and rising capital inflows
Canada posted a second quarter deficit of 50 million dollars in goods and services, bringing half-year shortfall to 914 million. Long term capital inflows reached 469 million in Q2, with total 1956- year inflows at 1.372 billion. Housing starts and completions fell year over year, while manufacturing shipments rose about three percent through July.
MENTIONED IN THIS ARTICLE
Canada
Clover Farm Store opens drawing crowds and free samples
Towns of patrons and well wishers turned out at the J. M. Seede store for the Clover Farm Store opening. The event promoted the Clover Farms Stores, an international group of independent retailers. Twenty hampers of groceries were given away and more than 1,200 cups of coffee served.
MENTIONED IN THIS ARTICLE
J. M. Seede
Clover Farm
Clover Farms
South Sask
Star
Radville
Sask
Train Derailments Disrupt Line Restsover Weekend
Two derailments disrupted service on the line. A freight derailment between Brandon and Belmont delayed livestock from Belleview loaded by Mrs Van Loo until after dinner Tuesday. A passenger derailment near Greenway halted all trains over the weekend.
MENTIONED IN THIS ARTICLE
Brandon
Belmont
Belleview
van Loo
Greenway
the Recorder
Reston
Man
Canada’s Minerals Opens to Delegates at Global Congress
During September and October the doors of Canada’s mineral industry will welcome delegates from 30 countries for the 6th Commonwealth Mining and Metallurgical Congress. They will witness the notable development since the previous Congress and gain insight into Canada’s mineral progress.
MENTIONED IN THIS ARTICLE
Canada
Commonwealth Mining and Metallurgical Congress
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