Winnipeg Free Press

Winnipeg Free Press (Newspaper) - December 13, 1910, Winnipeg, Manitoba 18 Manitoba free tuesday december 13, 1910, the Dominion Bank established is71 capital paid Reserve fund and undivided total assets the travellers cheques letters of credit and drafts issued by the Dominion Bank Are available throughout the world. A general banking business transacted Winnipeg Branch Corner Mcdermot ave. And main St. F. L Patton manager g. Heron Aart. Manager Edwards Ronald is Canada life slag. Winnipeg. Chartered accountants. Auditors. Truit eel. Edwards Morgan co., Toronto. Commercial were by us favourable re from Argentine a private report stats that Rains were Fallone la Northern Dos tocts where harvesting is la Progress and offerings of parcels of new Brusso wheat Hugo own withdrawn. This caused pronounced support and Large speculative buy and prices advanced m to 154 with princ Pul support in May. Advices from India a Cie less favourable and Hood conditions can Lii us in Sou talk in and Italy. At old Uay Market was Strong to in up from open i inn and i. To id higher than saturday. I Corn Tuiet at opening unchanged. Later Advance or is on firmer plate and Ajner can offers and in sympathy with wheat. Agent cables that wheat in the Punjab is suffering for want of rain and thai Locust is causing damage in parts. Or. The United provinces germination is Satis factory. Big world shipments reports of drought in demand for Cash. Fluctuations in Winnipeg op1 Winnipeg dec. 12. High. Low. Close. Satur. Stocks in terminals o Tola wheat in store fort William and port Arthur on dec. 0, was a3 again Rit f week end 3. 5s6.161 last year. Total shipments for the week were last year 3.747.css. Amount of each Grade 1810. 19w. To. 1 hard 1m.15sio no. 1 Northern. S71.5kuo no. 2 Northern open. May july 9av.b Kii t stirs Plai c-3b 203 May a 15s 216b 1 lib Ali Winnipeg Cash wheat. Rvl onday Satur Ono Northern. Syn two Northern three Northern no. Four 7yj. N o. Five rejected hard Ujj s let acted Northern so Sivi injected Northern so1 tue acted 7s " rejected no. 1 Northern for seeds i a ejected no. 2 Northern for seeds no. 3 cd a elected no. L feed no. 2 feed Bai Ley no a no. 4 rejected no. 3 Northern no. No. 0 other grades stocks of Oats no. 1 White no. 2 no. 3 White a fixed other grades 440.433.10 203.297.30 c11.ss7.c4 try inst to create bullish sentiment on theory that Domestic demand will improve sufficiently i the near future to cause a rapid Northur of stocks but with supplies not Only Here but the world Over at burdensome Point. They appear to be overlooking the fact that foreign demand la necessary in order to cause any material reduction in Stock As our Domestic requirements Are Only about for All Pur poses which Meana that unless we Gat Down to a world s basis we will be forced to carry Over a big burdensome Supply of old goods. There is no ques Tion but what we Are in the position of a manufacturer who overstocked but re fuses to meet the Market. The above naturally causes to feel that lower prices Are inevitable As foreign buyers Are absolutely Independent of this country. Started firm in sym Pathy with wheat and on miscellaneous covering on part of belated dec. Shorts but As pressure developed on swell mar Ket later sagged and ruled extremely Dull and finally closed unchanged. News against holders. Consignments from both Illinois and Iowa Are very heavy. Very poor Eastern inquiry with the average buyer backing away from the Market. Export bids 2v4 out of line. Trade was not Large. Until there is a decided revival in the Cash demand or material decrease in the movement it will be a very difficult matter to Bull futures. Royal Grain co Chicago dec. Wheat Market has been Dull and narrow weak Early and showing some strength at the close. News has Beon extremely contradictory. Liverpool was higher but Continental markets All lower. An estimate issued by an Argentine House of Only 60 million to 65 million but the Bueno Ayres Market waa i a to 2 rower. The Market is in a Holiday period Trade is Light sentiment very evenly divided. Snow or rain Over the drouth Section of the Southwest comes As a treat Relief from the anxiety now Felt. The Trade is waiting for something on which to base an opinion As to which Way the Market go. Started Strong but was soon subjected to heavy Selling and receipts Are increasing. Consignments from Iowa and Illinois. The forecasts is for Snow or rain East of the Mississippi River and prices should not go much lower Early with other grains Anu sold off later. Receipts were More than double last year. Imperial Bank of Canada capital capital subscribed. Capital paid up. Fund. Agents in great Britain avd u. S. London. Bank limited. New Bank at Manhattan com Pany Bank of America National City Bank. National Bank com Exchange National Bank. Minneapolis int National Ezaak. St. National Bank. Branchi or Arenta at All principal polenta in Manitoba Saskatchewan. Alberta. Brit leu co Lumbia. Ontario and Quebec. Intel Eit allowed at current rate in saving a Bank decan ment letters of credit issued. Winnipeg o. Leslie met. Tlrur., Deo. S 4.4007.35 g.2008g.30 Friday dec. 9 this week ago. Showed substantial increases. The mar Ket closed a operatively Active about the lowest of the Day. Total sales to be no extensions report that Detroit United was to spend la emphatically denied. Montreal dec. J. Feri Ruson i vice president of the Detroit United railway company returned this morning from Detroit where he attended a meet ing of the directors. When asked As to die truth of that the com Pany intends spending on extensions and improvements he replied the report is too ridiculous for any serious consideration. We do not intend any such expenditure was then asked if there would be a dividend in february. H1" reply was equally emphatic there will no dividend unless the recent Bond four weeks ago 1909. 1903 1907 4.goss.90 hog prices a leu Light picking i acini of packing a Colum selected it selected an butchers shipping shipping ibs. Dec. Jo.9agrt.go dec. 5 7.100s7.65 cw.c6s.1s Barley Plax Oats Tirley sh1pmbnts. Canadian visible. Baird and Botterell Chicago dec. Closed at Tia net gains from saturday s Market had. I higher opening along with the and extra payable Jan. 20 to holders of record 31. Canadian securities in London. Loridon Dee. Changes in prices of Canadian for thu we ii ending december la arc As Canada 1911, his Canada still 4 u Canada la i. , Wai 3s Canada Ului uni s Ontario Lohn s Winnipeg 1914. 6 s Toronto local imp., w10 1013, 4 s to Lulu to Luu Luu to 101 to to so to w 70 to 7i" to a to i j2 to 104 100 to 4s 28 scale Down close observers t. A t buyers on it. Is Tho impression among Liverpool Market a Romball 3 srecis.1 Cable to Tho free pres. Manitoba no. 1 Northern Manitoba to. Sort Horn spot 73 nay above quotations Aro for 100 ibs Bushel Hoy Are no. 1 sort Juern approx slow it wheat and coarse grains i brokers comment of Tyfo Novas Market. Anlo a no. 1 Northern Manitoba no. 3 Northern Manitoba no. 3 Northern december March o Brien Ana martln.1 to n Arn. Ii lower. Liers was Dispir Sutlon to Mil. Prompt and by then than expected majority 01 foreign and Nesnec Sajiv Buenos Ayres Ivas from 1vs t o cents lower which was said to be due favourable thresh lne j secondary 12m to 13c per in. Bulls 12 to per in. Montreal. Montreal. Dec. Choice cattle were none too plentiful at the local stockyards to Day and under Good demand and Active Trade prices advanced me. Per 100 ibs receipts at the East end Market were 450 cattle 275 sheep and lambs 200 Hoss and 150 calves and for the week cattle 770 sheep and lambs hogs and 300 calves. Steers sold from w.50 for Ordinary Stock to s3 for Choice costs. 53 50 to bulls s3.3t to sheep were firm at and lambs at ?6 to 50.10. Hocs sold at 57.40, and sows at calves brought All the Way from to Chicago. Chicago 111., dec. Receipts Market slow and weak Beeves Texas steers West Ern steers stockers and feeders cows and heifers calves receipts 42.coo Market he. Higher than Early Light mixed 53.10 heavy s7.55s5s.05 rough t7.55gj7.75 Cood to Choice heavy Pic j7.ox917.so bulk of sales sheep receipts steady native Western. J2.758s4.so yearlings lambs native West Ern _ Chicago live Stock returns. Drovers journal. Dec. 10. Cattle prices number extreme bulk of received Ranee. Sales monday. Dec. 5. Tues., dec. 6 dec. 7 33.s83 j4.45si7.26 50 7.601 4.606623 25.152 4.40st.35 6.20s6 s London quotations. London Datil Luxl Anial declined atch. U. C. And o. Declined i. Canadian pact to declined ills. Ottar Al advanced a nor. A conc advanced i x. Y. Central declined a Fenna. A. Reading declined a St. Paul advanced a s. H. Unchanged s. P. Dec Nej 51, u. S. Steel declined a pfc. Advanced ii. Brokers letters. Osier Hammond Nanton new York. Dec. Showing an irregular movement prices during the morning session the Market gradual la developed dullness and in the afto Nooh transactions had dwindled torrid summer proportions. It would seem that liquidation had run its course so Lar As the pools were concerned but there is nothing in the situation or the immediate t o stimulate buy Nir to. Investment and this is just what the Market needs. Conditions have reverted to the status which prevailed be fore tiie election just week s court de a Lions having of exerted a stimulating effect upon the Anthracite stocks and left a pleasant aftermath. The rate decisions however and the Issue at litigation against the american co. And Standard Oil co. Are still fac tors that must be. Eliminated before the larger Market interests will lie willing to take an Sarf Fressie portion for the Rise. In the meantime the Market appears to be settling into Holiday Leth Ariy. A trading Market seems the e Best that May be expected for the immediate co. Of Mcdougall Cowans wire this Stock Market Iliad to number rather unfavourable developments to with to Day Amons them two decisions of the United states supreme , one them relating to the ease in which the old Board of directors of tie american sugar refine inc co were involved. When this came it to trial in the lower court they pleaded the statute of limitations. The supreme court decided against this plea and the defer plants will now have to stand trial a Turney Kentral s annual recoil be Lotuis considerate space to the Sikic taken against Orre Numis clip ovations Anu his rut usal to take drastic Acton lit cases involving Only technical i racoons was Weil received. It spurts deals with Western con icons Aurig Tho past week indicate that traffic is holding Weil on the lines West of Chicago with some slight improvement in the Section East of that Centra. The Grain movement a the West continues to be of moderate proportions although last weeks receipts at Chicago amounting to , is an in crease of almost bushels Over the previous week. Domestic exports for november showed fairly Lauffe Iuchi Yasus in shipments of Corn with an extraordinary tailing Oft in Whiat. Shipments of this Cereal Wero Over Bushel ii below november i m. The total exports of foodstuffs for the eleven months of the Calendar year arc less by Over than in 19w. Tho Bond Market was easy and tiie total sales Par briefs from new York. New York. Dec. In London weak to below parity. Associate Justice White appointed chief jus Tico of the supreme court. I Knapp of the inter mate Commerce commission appointed principal judge of Commerce court. J. Rogers Maxwell president of. Lilo Atlas term it company is Clead. Us slow of the new York Antral is Iliad. In Endon settlement begins to Morrow Jan enl of the Teterboro Public service commission that the sub Way is carrying up to us full capacity. Threat fined strike of Telegraph operators London Market quiet but Copper stocks weakness in americans. I Ost Mariter be izeral reports reduction of Uoc Uoo in a elicit which now an outta to u s. Steel unfilled Ordera up to nov. Are Tona lowest months month show in on record. Co d weather helping Anthracite business. Some possibility of Cir Keement of Eod for new York in London to Day. Substantial improvement in actual condition of in earing House Banks shown in Bank state ment but loss of Cash still heavy. General chemical company will show earn Ings for current year fully up to previous it Conle. Twelve industrials advanced .54 per cent. Twenty Active Ralerf advanced ,23 por cent. Reported by Moi Jug All Cowans a major amazed 13. Canadian in troit 6s 2j, 58u 265. 23j. 5s 300, Dominion steel and a 61. Dominion Iran 103 10, 103vi. Illinoia 91-1. Of the Woods 13-1. Minneapolis St. Paul and Saulte Ste. S6, 13sk. Montreal Light teat and 133 75, 137 to 1ssw 50. -5. Montival Street 2l 0. Kio do 10214 23. 102. Toronto Street Tsvi. Crown 270 200, is Iii. Of ment 23 so Cement a 66, hive. Toronto Toronto dec. Following were the Active St Ocks at to at icum to 102. Rio at 98. La at 456 to 471. Co. Loan--13fl at 70. At 95% to soul. Tor. At 119 to Del. At 79% to so. At 190. Unix Josted. At 9s to great at 52vi to at 123 to 124. At .07h to of Cobalt Toronto Doc inert los Market was we Active to Day. Upward be ing Nolken Jile in niplsaing1 and the proposal of the troll Iowa a in proctors to double the capful. Rather took the Edge out Christmas of a 10 orint. Dividend. Hoa an Orfan leation to cil Clent Ilott it is equal to the Imine Gumont of a More sex the Naioti business than the Hoied acreage can provide. The new St Turk will to held in the Treasury and k in pos Lule that any now properties which Are acquired will be in cof cult rather than where Stroot no nor located Tho Zinb Tiona 01 the con Yany. T Mone to loan on nest Clasa securities proved City property. Lowest current Canada permanent mortgage Corpora the Geo. F. R. Harris. Garry Street winning Virs. Caj. Chem pad Western Union was. Central Money Salos to 245, .300. Tota 18 tuft 314 Banks. Reported by Oeler Hammond Aud Winnipeg d or seller Montreal. So dim non Olli Vii. Nova Scotia 2st merchants. 134 l Nion. Royal Hamilton in at 1c London Stock quotations Winnipeg listed stocks. Winnipeg. Doc. 12. Bid. Asked rebates Between Orleans and Rutland this ease waa decided against tiie com Pany also. A renewal of the Tariff talk m the Senate to Day also waa disturbing All these matters had a Cumah have in fluence and brought about the afternoon reaction. Foreign Exchange was a Shade easier. It is understood that Many of the Banks and Trust companies Raj found Early this morning notices of a slight increase in Call Money rate and in Many cases Loans were called in the main Money remained As it had been. American beet sugar was t. Specially that was Active. Tho movement being accompanied by divided Rumor. The few railways reporting Cross earn Ings for the Host week of december fire fully paid Canada landed great West Lleo great weft Perm. Home investment Northern fully paid Standard trusts fully paid Winnipeg electric loan Anil insurance. Com. Xian fully paid com. Loan partly paid Empire loan fully paid Empire loan partly paid Monarch life Occidental fire. Tire .10 paid. Sovereign fire. Western Trust Winnipeg fire. Central Canara fire Western Canada realty Crown n or them co Beaver lumber pad Manitoba pressed Brick traders building Western Canada flour est Van Coal. Estevan Coal common Carbon cm1. 3d 107 110 120 110 10g 82 100 so 21 s. A. Warrants 1 warrant 1 warrant 1 warrant i warrant 1 warrant 19 6so 20 great West permanent 10 Northern ctr Montreal Montreal close. 027 140 i 110 110 110 115 115 315 3? 102 300 Iio in 100 28 320 2014 605 705 700 700 g95 695 Vancouver Vancouver b.c., 20u up to l dec. Portland Stewart m. And d., asked great West permanent bid Isi South Atman scrip bid 005, asked 700. Sales. Portland at at great West permanent live at 124 i South african scrip two at 95 americ in Caniullan Oil was the feature of Tho Market shares sold at from 23 v4 to new York reported by Oaler Hammond Anil Nanton Winnipeg dec. 12. Ivi 46 i 6414 7414 to i 100 102 74 30vj 100h 741j 30% s7 133% 163 29 inventions h. Cask Patent attorney kept. Temple tue unto. Booklet on pain in my drawing Sheet on request. Reported by Asl Stoa Canada Cement pad. Canadian Pacific Crown Reserve Canad an Convene in la Trout United Duluth six Flor do minion Coal a Jed Dominion Stee and Coal Dominion i. And s. Ltd in. Traction pad. Bid. Asked. 2. Fifi 101 92 l 70 40 5914 61 103 final. Copper. Amer. Aff. Click Amer beet sugar Amer. Car dry. Cd Vij Amer. Cotton Oil Amer. Amer. Smelt. Amer. Steel dry Amer. Sugar Amer. T. And to. Amer. Woolen. Anaconda Atchison Atchison pad Atlantic Cost line Baltimore and Ohio Brooklyn to. To. C. P. A. Contra. Leather. Chen and Ohio Anil Alton c. M. Ii nil St. Chicago and n. A. I .c.c. And St. Col. F. And i. Southern ii. Gas Delaware Hudson Denver Ujdur. Denver pad Duluth . And a. Duluth pm Kyle brie 1st pad Cree and pad general electric Northern part it sort Stern Ore great Western Illinois Central inter Boro Kansa i City so Louis and Nash Mackay Mackay pfc Soo m. 1c. And t m. K. And t. Pad to. Pacific National Lead. N. T. Central n. Y. O. And a. Norfolk and a. Nor. Pac Pilc. T. And to. People s Gas pressed car by. Steel Springs Reading rep. I. And a. Rep. 1. And s. Pad Nock Island r. R. Pad . And . 2nd pad St. L. And s. A. St. A. . Pad. Sioss Sheffield Southern Southern by so. By. Pad Lenn Copper. Texas a conc t. I., and twin Union Pac Llic lfisi.4 Ito i u. S. Rubber. 3314 u. S. Steel 73jj 7314 u.s.3. Pad i eat 141 31 i 3sv4 no -10 12.t4 in l i 12h4 5s 133% 32va 163 45 London dec. Was plenty of and discount rates were easy to Day. Bank of England and Tho the weekly Gold arrivals at lit Advance. The expected american for the Metal did not appear. Trade non the Stock exchanges were chiefly occupied with the mining settlement which begin to Day. Gilt edged securities and How rails were steadily maintained and cos sols gained i of a Point but the sections were inclined to Sag in sym Pathy with the head Nesa in parts. Am fan securities opened a fraction of Gate hut the suit for Possession of the Oil lands controlled by the Southern a railway depressed the Market prices fell be Low parity and the closed Dull and easy. Blame Winnipeg Man for plight Minneapolis minn., dec. Minneapolis men who have of Flat tit ions in bankruptcy in the fld Al court Here Lay heavy blame out a Harvey promoter and land Brokel Winnipeg. They say ventures in last of land into they were Tau Sajn enter Throe years ago when or. Told them of Money to be made to bring returns and the Baiduc jew court is sought now As a Refuge their roofs irom being sold from Ovett their Heads to make them pay for notes to which they signed names As joint makers. George h. Hammond Foreman Painter in the Soo Road shops a Noimi Jujj Minneapolis and William White Polk Street Northeast Minneapolis they have lost All they can Affioti Are going through bankruptcy. It in 1807 that W. Marvey in Minneapolis and induced John Fig Gitt of the Soo shops to go into a land Deal. Suggit told his Many gave Money i or the i in i to of Canadian Timber land. It. About j1s.ooo was contributed the Kurt Alexander Timber fact ring company of the do Canada was formed. Hammond ten of Stock in it which As of no value. Shortly after the company was i l de j. A. Collier a stranger to i Minneapolis people Wen up to w Over the Timber land. He the stockholders that there of Timber but that a saw badly needed. Or. Harvey in Minneapolis again and i 1814 10m. 13v, Szytz 112% 111% 1h% 115 105 it i 3 i 31 "1 s3v. 40 30% s3v1 a 25 34% 25 60 i about would buy a saw the men who had their Small in the Timber Purchase said not spare More Money. Induced it la said to makers of two notes for the notes were Given oct. And were due and payable at of Commerce in Minneapolis i from Date with interest at 6 1 Harvey sold both notes to bros., Winnipeg and they in Dorset the notes to f. W. Northampton Iowa without the notes were overdue and not this fall or. Brown sued the makers in the District court at Apolis obtaining judgment each and All of them for the estimated costs will amount to there Are i makers o. The notes. J. A. Collier also signed the l he is said to to in Florida. Signers Are residents of killed by Street car. Montreal dec. Y. A Milkman had his neck was instantly wiled when struck his Wagon throwing to is the Twenty eighth Street cars in Thia City Thea Yew tvs ;