Winnipeg Free Press

Winnipeg Free Press (Newspaper) - March 29, 1911, Winnipeg, Manitoba Manitoba press Winnipeg wednesday March 29, financial Heui Loffi pm reaches 223 Canadian Road is still record Strong in Lon Active in Toronto. Gedar rapids Power tout nothing Defin ate will be known for some time sat to what he intends to to with the propose people who know the management of Montreal Power via that if cellar rapids Power had been of any commercial value to a operations the would have purchased it when it was uttered to them on several occasions in the past. On the other hand the development of the rapids will no doubt compensate an info Pendant Corpany. Dominion steel weakened to on a Small amount offering. Frequent Dis Cussion of the dividend position has caused some unrest and Selling by Timio other considerations that helped to Ward higher prices was the Winnipeg. March 23. Prices towards Cloie of the markets did not show my treat change from the level of yes sturday s close. There was a movement and again . Was the Selling at general opinion rom Bankers and others remains opt Sorne More gossip Tho de was current. One Rumor attributed to Idle talk was that october would arrive be fore they would be handed and opinion attributed to Tor the Standard Trust was that they would be on hand next Mui iday. It u prob Abro that the a Ojakli will be to naut until these decisions Are re Ivi in or any rate until they Are. To some other period. Northern Par Flo dividend for the Quarter remains the per cent Southern Pacific for february shows 3 net decrease of j415.000. From Tho first of july Tho not decrease la Union Pacific s february decrease amounts to from july 1 last the net decrease to the end of february is Soo rights sold at tvs. General p Romish no Outlook for crops in the United states it be Ellis that mexican situation will now be speedily adjusted and bullish gossip affecting i divid. Ual stocks. The Porcu sane Boom is be Gunnink to broaden out into the real thing and like any other mining booms will num Ber its victims by thousands. _ Money continued tight to Day with however one local Bank not a chartered institution lending a Little freely. Several brokers stated that further Loans had been called but there was c. P. R. Shares. Yesterday the .price6of Cana Dian Pacific railway shares reached in Wall Street. This Price is Over 20 pollits higher than it Ever previous to this year. Traders United Empire 1v1 Legal intelligence my Oil v president Clark makes statement satisfactory to shareholders substantial surplus after pro Viding liberally for depreciation fat court House Rol Wotton j. The court and was its Orf Lei not be removed except by its leave. I the Rule was different in chancery. In that court any person was Al awed to Bug As next Friend who to assume the Burden Ond Security for Custy would not be required merely Oji the or Rouart of his poverty. T the infant s disability to sue without either a Proch Iii Amy or next mend never been removed. He is still m Schvartz v. Bolsch Oshy Che capable bringing an. Action without plaintiff in this action was a to assistance of some person who May merchant residing at Altona the de b responsible to the court for the pro a real i the in its institution and Progress. May by Friend. By Rule 231, an infant May As plaintiff by his next Friend. Tills is an adoption of the Rule of Equi Tyas it prior to Tho judicature act. An infant is at Liberty without igh4ia.nl., agent residing at Winnipeg and his of defendant a j. Mcdemott. Re siding at Minnedosa. In 1908 Plant life agreed to sell to defendants a Quarter Section of for on june 1, 1900, an the is it Hennessy s glance at the unopened bottle will t Juliu 4.uv instalment of Principa 1 reached in View of the discussion that has taken place relative to the movement in Carbon Oil Stock on the local Exchange tie annual meeting that company held yesterday was As i anticipated there was an unusually. I Large attendance of shareholders. A. I Clark Trio president occupied the chair i and in present los the report that Hie assets or Tho company As shown 115 the auditor John Scott to the current liabilities to j10.0co. In tact the latter represents the total liabilities the company except to the stockholders. The report showed a sur . V a. An Inmom is became due and the plaint to re permission to that effect Cei Ved from defendants Way of an by his next Friend collateral Security a prom Libory note the right in signed by them payable at the pauper in a founded on the Lith of Montreal Altona. Of Henry Vii. C. 13, and 23rd Henry when the note became due i Viii c. 15. Ment was made on account a. The counsel requests that balance of the note was the off Cal Guardlyn be appointed to the sue in behalf to infant and he re r lied on a dictum of Chancellor Boyd in Taylor is. Wood. 14 or. At 460, that in a Case of commendable litigation the court has Power to interfere on behalf an impression that next Weete will see . Packers declared Tor cent on preferred and 2 per cent common. Jaygule May 20. Of Creon Oil shareholders meet to Day for tue adjourned annual meeting. Winnipeg March was again the Star performer at Wall Street nil established for itself another High re Cord by Selling it 123. Tho Advance Fol owed exceptional strength in Union Pacific and Erie shared honors with the Canadian Stock prices both at Montreal and will Street were fractionally higher it Tho opening and remained firm. Hio sold at i a and Lex tile advanced a half Point to Noil Lnger was again Strong in the Porcupine group tills morning advancing from in 15 bid to mis. Preston Liast dome was also a Point better As a result it the Good news that came to hand yesterday. Holders West dome also higher yrs pcs. Brokers letters. Med Usall Cowans new York. March Oxer considerably higher and for else is Bourent about. 50.0uo shares of Stock in this Market about half of which was Union common and preferred. The bulk it these Ini chases were made in the first hour and our Market advanced illicitly on the first dealings. After the ii inflow trading fell off however Dull Ness prevailed and stocks remained Al most unchanged from the opening level during tiie most of the Day. Commis Sion houses complained As much As Ever Lack business Anil but for the nativity 4n the Early business Market Turins most of the Day remained Al most As Dull As heretofore. In the last hour a fresh burst of buying with act Ivity set in under a Holcli the highest figures of the Day were reached. A Jolon amongst Tho Active issues led the and Vance other Strong features were n Norfolk Canadian Pacific and Atchi son the former of which made new High records in their careers and tha latter sold at the his Host reached this year sentiment As is always the Case in v. All Rit Reet has been undoubtedly much improved by the strength of Tho last two slavs bin there Are still Many hears about although Many of these undoubtedly covered to Day and then in Vang helped Alons the advances. The close was Active at the Best of the Daj. Advances ruling As High As i and Points in some of the Active issues. To Tal sales 345.000.________ new York. March Stock Market developed aggressive strength and the Vul Ucie of transactions increased to almost respectable proportions. London furnished a Strong initiative with advances extending from Stout a up of the Banks to the unlisted Dominion a Lew in the Umi Sieu of it dinners Stock was a feature e to 6-i, a 10 Point Rise within Dity. Inu n 11 _ inside buying and the n some extent when it became known that the Stock would be listed on the Exchange in april. The Compaq by s first year s operations proved highly successful. Brisk at new York advances in several important issues c. P. R reported to have bought More land. Now York. March 2s.-in response to a movement of broader scope than had been attempted for some time the Stock Market to Day Shook Oft its lethargy and advanced briskly. In the first hour about As much business was transacted As in the entire session of yesterday the Rise soon reaching a Point n some of Tho important issues. To Radonic not proceed Long at High and although gains were generally held the afternoon was Fikiet. The English Market was reported to Trifi and plus after writing off the entire deficit at tie end of the last fiscal year of Soo ind an additional As depreciation. The record showed a Good Busi Ness established with Over 500 merchant throughout the West and burned in a lire which destroyed the of Tho and he re Bank premises at Altona where the note was deposited. To recover payment. This action was brought to recover payment of the balance due on the note and for a declaration that Tho Nuriu in plaintiff had a Lien on the lands in or an injured infant by appointing the official guardian As next Friend. The official to Sordjan besides acting As guardian and item for under Spect thereof. J rules of and other orders is to the defence act up was that Wie orm such Othel. As the court amount of the note Siven was Reni t 1q Umo a loan by the plaintiff to the depend direct k. B act s. 32, As. It ants to Bear interest a. I per nay be that under to Tho instead of 6 per cent. Court has Power to direct him to bring the agreement and defendants denied an on of an us friended have Buff of extensively of the i 1-Aciflc mid United states steel. While some of this business May have Horikiri Stefl in new York manipulation arbitrage houses Here said the movement reflected in part at least the effect or hedging on account of railing due abroad. Canadian Pacific forged ahead to another High record Ris no to it was Learned to Day that the company had purchased a inf e tract of Lind to add to its holdings and the expectation of still higher dividends from land operations As a result of this transaction sent up the Stock briskly Union Pacific Valley ii and Norfolk and Western All of w gained from 1 to 2 Points were Amott the strongest stocks. American common and preferred broke sharply evidently in response. To Dos of various elements in the rom pan As to the Purchase by the management of part of the common Stock of so Niff of thelic test railways presented their february reports to Day and the showing made was for the still Cong Al Luence. Ltd contains of the efforts which Are being made to and Southern each reported a shr Taige of about a Coos grass. Northern Pacific kept Down operating expenses most effects ily to meet the situation reducing customers showed that a Larse amount search work had been done. Adj erect result of this research an option had been sold to the inter nations contract ins company for Tho Purchase of Tho company s . Preservative Oil for the treatment of Tim Ber. The option does not expire till april a of has to be paid on account of part of the Purchase Price. Critics a. A result of press comment tid criticism directed against this company a number of questions were asked of the president and ills answers Appeal to have been entirely satisfactory As at Tho conclusion of tiie meet lab the Fol lowing Resolution was passed without a dissenting j. De a Herrink Ham moved seconded by n. Bawlf. That the shareholders take this Cpanor units to express their entire Confidence in w. E. Clark the president and general manager of this company a his Unfall so a forts on behalf of the company and hereby unanimously extend to him a vote of the directors for the year As Fol lows Geo. F. J3ryan, . Winnipeg a. Carmichael capitalist Kenora ont. Joseph Clark director k. J Whitla co., Ltd. Winnipeg we. Id Clark president and general manager Carbon Oil works Ltd. W. A. Corbett the an action on Menan of an Udine leu the of Tuo to i but even if there is such Power balance that might it should be very sparingly used at him declared to be a Hen on the lands until Uler is gome method of referred to in the agreement for Sale., Tho official a guardian a. E. Hoskin k.c., and p. J. Mon other than at present. Ordinary for the plaintiff. I by the successful party to the Lilga h. M. for the defendant required to pay the costs or fhe and item and add Hame to his own. In such a Case As this a successful defendant could not to compelled to pay the costs of the unsuccessful next Friend in addition to Bear and f. M. Dermott. A. J. Andrews Burbidge for defendant my rights of infant to bring action yesterday morning at the sittings of Tho tuesday court that Tho settlement of this litigation would to a favourable Factor both As regards Union Pacific and the Finan Cial situation at Larse. In the that the court should order dissolution of the Union Pacific Southern Pacific merger the Sale of the properties would enrich the Treasury by considerably Over an amount sufficient to retire the entire of first Mort Gage Bonds if such were possible. If tie Les laity of these holdings is sustained Tho strategic position of the Southern Pacific in the Western Field would be secure. Tho feature or strength to Day however was Canadian la woj. I Pacific which Rose nearly three Points on concentrated buying. There was no further news to account Lor this de Mand but the impress ski remains that he phenomenal earnings of this pro will influence _ Tho management closed Strong with indications of a further co. Briefs from new York. New York March in meets in Wash in Aton new mexican Cabinet formed. C o directors ask Stock holders to authorize eur year 0 per cent in Washington that presi Dent Taft will not Pardon either c. Dalorso or 3ohn it. Walsh. Pas Senkar traffic Between new Philadelphia shut off for several Jious last right by Force of the Gale. Preferred shareholders of american Woollen organizing opposition to. Pro posed reduction of in common " democratic opposition in Washington favors Tariff revision at coming extra exports of Iron and feel were s1s.6w.ooo, compared with year. Twelve industrials advanced .26 per Twenty Active rails advanced of por were unchanged on Call. Crown Reserve jumps Sells at Toronto at 325, an Advance of 55 Points on previous Day s closing. Toronto March there was Excel Lent investment buying on the local mar Ket to Day partly no doubt anticipating april dividend receipts. Sao Paulo made a move of a Point closing at 180v2, two Points above yesterday s Giffe. General electric s excellent annual statement put some strength into that Issue and it sold up a Polof to 103. Bank of com Merce was in Good demand at 219, advancing to a while Imperial sold at 230. Torr lib electric Light was steady on the close at Rio weakened Dur ing the Day and closed half Down at lows. A feature of the Market was Crown re serve. Which sold As High As 53 Points up from yesterday s close in the face of Large sales in Montreal to enable tired holders to shift into Dobie the Mon Treal Porcupine Issue. The Porcupine Market has much during the past Lew Days and shows decided indications of being the base of stocks. Hollinger weakened however on digestive sales Selling Down to 9s5. Preston was stronger on confirmation of the news of the strike on that property. West dome advanced to s25 for Cash and 3w for 60 Days delivery. There Are several Strong indications that efforts will be made during Tho balance of the week to move up the Power priced porcupines. Cobalt were in Tetter de Mand for some reason. New buy ing some Beaver. Dobie sold of to 460 great Northern was quiet at 20, and Vipond at 70. In january 1911, while Sturgeon was Down East Starr without any no Tice to we seized the goods a and h docked the premises up and sold goods. Action to recover. This action was brought to recover the sum of paid by Sturgeon and to return the moneys received for t Aenied that he knew at the time that plaintiff was not of Tho full age of Twenty one and denied the allegations of fraud that the premises had been left considered they had been abandoned by the plaintiff and that was Why he repatriated a party of frenchmen mostly repatriated canadians who have been living in Tho state of Maine and the remain Der Quebec French canadians leave Montreal on 4 for the West. They will All take up Laud end Settle North of Vegreville. Along the Saskatchewan River. The party is made up or 2do families. Vatet year. A party of 405 came 105 of whom wore children less than five years old. Tha party is coming out under the auspices of the Alberta government and is in charge of for. Quelette and for. Gaspe. The latter will be their Parish priest in their new Home. They Aro Conkins on a special train via Duluth and . The . Is getting out a pamphlet on homesteads which describes homesteads on the new land in the different Western districts. The company report a steady influx of settlers and has teen handling from 30 to 50 cars of effects Dally since the movement began. Tho Steamer Royal charge arrived in w. Wright and h. F. Tench for Thi plaintiff w. W. Kennedy for the defendant. Judgment Given. As above mentioned the plaintiff in was under Twenty one years of age and therefore an infant in tto. Halifax this immigrants. Rev. James Pullar aged presbyterian minister who died in Winnipeg yesterday. Montreal failures London quotations. London March advanced amalgamated advanced Atchison advanced 1, c. A o. Advanced 14, con. Pac. Advanced 111. Cen. Declined x i n .y.c. Advanced Pennsylvania ii Vance rending advanced s. R. Advanced w. S. P. a v. Advanced 1. V. To. S. Advanced advanced of co improved at Montreal Montr tial March business failures were registered at the court House yes Torbay involving a Pood Deal of Money. Messes. J. Rosenthal Anil Albert Copperman. Doing business As the Albion rubber consented to assign on demand of Marcel Marius. Their liabilities amount to about k5.000, spread among a Large num Ber of creditors chief among whom is the Bank of Toronto secured js.643. Percy r. Bonnet and Mortimer Waller doing business As the International Supply assigned on demand of William Bennett estate. Their Are about divided amongst 66 creditors. Jacob Uecker trader assigned on be half of the w. R. Brock co., Ltd. His liabilities amount to about divided amongst m creditors. Market shows better tone . Reaches new level sailing at 222% on Small trading. Montreal. March Market showed a decidedly improved tone to Wilny following the inspiration of Cana Lilian Pacific s Contin Jed Advance to a High level at Thero was t a great Deal of trading in c.p.it., but Wall Street and London houses were quite Active. Crown Reserve was a feature of great strength at compared with -j2.s2 at the opening. Strength it due to Porcupine possibilities. Sou was Strong at 148, but very ii dec. Richelieu was very Active and firm to 114. The directors Are disinclined discuss the details of the proposed Nii Tser. The Stock from a Market in an unknown Quantity at Ali so quotations. Power was steady to Strong and firm. Interests identified with the Canadian Power company have made air. Mcglohon an offer for his april dividends. The following is a list of companies pay ing dividends on april company. Hate per cent. Term. Canadian Pacific com. 1% 4 Quarter pref. 2 Duluth Superior com. Ali Toronto. Railway .1ji twin City com.1v4 twin City West India electric 1 a f. N. Com. F. Of. Burt pref.1% can. Permanent Mort be 2 can. Gen. Electric c6m. 1% pad. 3% half year Huron Erie loan 2% Quarter Mck Ley Darragh Savage 3 12 Bonus Macks companies com. Quarto pref. 1 National Trust z . Steel com. 1% ont. Loan debenture 2 Pacific Burt pref.1% Sao Paulo .2% Toronto mortgage Vii Union Trust we. A. Rogers 2% Vrej. Banks. Dominion Castern townships .2h metropolitan so Mol sons new Brunswick Nova ordained in Scotland when 21 years old and since that time had taken an Active Terest in Church matters. For 3a years e had been connected with the Presby Erian Church in Canada his last charge Eins Marie polls Man. For the last but years he had not been in Acu Vei Large of any particular Church but had substituting for other ministers especially in and around he eaves a wife who is 70 years old one laughter mrs. J. I Quinn and one son Pullar. Four Sisters Are living Iree Annie. Jane and Kate in Hamil on and mrs. George Chapman in to Tho funeral will lie held from his Home n thursday afternoon at 2 o clock Ana will be conducted by Tho Rev. J. A. Bow Man a personal Friend who is connected Tho immigration office in this City. The deceased was Well and Lavrrar tiny known by a great number in Tho City be lived in Winnipeg for tie last eight and in the West for a much Lonser Verlod. He was of a retiring nature but i very Able minister. His father so ago was a prominent co Grega Lon at minister in Hamilton. The de ceased belonged to the masonic order Al though he had not of late years taken an Active interest in the order. When in Scotland he was chaplain of the order with which to had associated himself. Contracted pneumonia. Until two weeks Aeo he Hod been in splendid health but contracting pneumonia he was unable to throw off the disease his age being against him. He was the oldest presbyterian minis Ter in the City and had probably been associated with More Mission Field work and in the building up of More churches Nihro shout the country than any other Man connected with the mind str since the time of or. Robertson Many friends feel his loss keenly and the Church itself Las Tost an Ablo and strenuous worker. Format hamiltonian Lethbridge alia., March f. Stewart formerly a prominent manufacturer of Ontario being president of thu Zaineb Stewart manufacturing company of Hamilton and Woodstock died yesterday at the residence of his daughter mrs. Mark beards aged 74 he is survived by his wife living Here mrs beards and a son n. L. Stewart commission merchant. No bottles Over bar. Bostom March to repeal the so called bar and bottle Mil passed last year Volch prohibits after May 1 next the Sale of liquor in bottles Over the bar failed in the House after a spirited debate. The vote was 103 in favor of repeal to 131 against. Eyes of the Law having no Money an application was made for leave to sue in forma Paup Cris when the Fol lowing interesting judgment on that Point was Given by Mathers this is an application on behalf of an Tatak to permit him to next Friend in forma paupers. The application is supported by an Attl Tov t of the infant that he is not Worth Jive pounds his wearing apparel and subject matter of the proposed cult Only excepted. A statement of Hie pro posed cause of action to which is appended the opinion of counsel that Case is one proper for Relief of this court. Is also furnished. The infant also swears in a supplementary affidavit that to has no relatives or friends in this province who could act As his next Friend and that he knows of no i a to whom he could go for that purpose or who could come for Ward to act As such for him and As sume any liability for payment diva Bilibio of infancy. White infancy has its privileges it also has its disabilities. At common Law an infant can Only sue by his guardian. At common Law infants could neither use nor defend except by guardian by whom was meant not the Suar Dlan of the Infra is per t son or estate but either one admitted by the court for particular suit on the infant s personal appearance or appointed for suits in general by the King s letters Patent. Any person was permitted to sue As no Chen Amy of an infant in All actions. In the con Mon Law courts the Prochin Amy was always appointed by afternoon full up with their distribution is As follows 250 for the Western provinces 70 for British Columbia. 286 for on Tario 24 for Quebec 70 for the United states and the balance for the Mari time provinces. The Western settlers will pass through Here saturday next. Dat Eft. The regular pase offer service on the great lakes of the Northern navigation company will not commence until Tho latter end or april although freighters will begin running before that the ice is practically cleared in the harbours at fort William and port Arthur also in the Soo River a ban Ner year is predicted. The traders Bank of Canada dividend no. Notice is hereby Liyeh that a dividend of two per cent upon the paid up capital Stock of the Bank has Deola Iod for the current Quarter being at the rate of eight per cent per annul and that the same will be payable at the balt and Ite branches on and after the 1st Day of april i est. The Transfer books will from the 17th to the 31 St of March both Days inclusive. By order of the Board. Stuart Strathy Toronto Fob. I do you know that of All the minor ail ments colds Are by far the most dangerous it is not the cold itself that you need to fear but the serious diseases that it often leads to. Most of these Are known As germ diseases. Pneumonia and consumption Are among them. Thy not take cough remedy and cure your cold while you can for Sale by All dealers use this letter copier free for thirty Days r thoroughly demonstrate to you that our rapid roller letter copier the Only method by which you can obtain perfect copies of your letters and. Other manuscript or typescript business records we make this non conditional 30 Days free trial offer. This rapid roller letter copier will nuke from three to five clean Clear facsimile copies of any later or Docu ment in one half the time and at Lew expense than any other copy inn method known. The machine m simple to operate and Ca Akit get out of order. Simply insert the Tetter to be copied Between the rollers and turn the handle. The of this copier u j33.00 . Winnipeg. It Ako includes one Roll at copying paper and a copying typewriter ribbon for any machine. Let us put a copier into your office for 30 Days free trial. If at the end of that time Yon Are not thoroughly Satir fed with the copier we will take it Back without question. Send for oar or Aik to have aur representative Call. Office specs Alty in Fig. Winner pkg Sale rooms 223 Mcdermot Avenue Ottawa Silver foil capsule with Gold band at Bottom and name Jas. Hennessy co. Battle axe trademark in Circle at top. The age Marks one Star two Star three Star to so to or extra with Jas. Hennessy co. Burnt on the Cork. The Crescent shaped neck Label of with Gold age Mark in Black. The bottle is Pale Green. The main Label is White and Gold with Vine design Arm and Battle a and name Jas. Hennessy pc co. Cognac in two lines printed in Gold. And at the foot registered at on the left "304" in the Centre and stationers Hall on the right printed Black. M if these Marks Are on the bottle of Brandy offered you then you know that you have genuine Brandy distilled in pot stills from grapes grown in the Charente District. Look for the Hennessy labels this is the stamp Mill that will Pound out unusually Large dividends and profits for you the estimates of Tho earning Power of Kootenay Gold mines Ltd Are based on the actual returns from the stamp Mill covering a Perio four full years. This estimate does not take into account the Rex int strike on us Greenhorn vein where the Mill run values arc twice what they from the other veins which have been developed Ami on we Ipoh the o has been blocked a greater extent. From Tho Engineer s reports from Tho to editor n from the investigation of those who have purchased Stock Kootenay Gold mines. Ltd., shows itself to he unusually secure As Well As unusually Prol tabla you owe it to yourself to at least Enterprise that commands the Confidence of Many ol1 the shrewdest and most successful business men whom you know. We Welcome your inquiries. Merely wish to give you the facts and leave it to own Host Judy ment for decision and action. You Aio invited to visit the office where the Nunley 20-stamp Miu in operation. Here you May also see the report Tho Amlin statement samples of the Ore and learn All tiie of interest Abou the Enterprise. If you cannot Call phone or write for contains 15 full Page illustrations of the property. Fiscal agents investors Trust mortgage corporation Ltd. 134 Hastings St. West Vancouver . Represented by Thomas quit Gre commercial hotel Winnipeg Osler Stock brokers and financial agents Cor. Main Street and Portage Avenue Winnipeg. And bought and told on commission for margin on Winnipeg Toronto Montreal new York and England exchanges Cobalt bought and cold on for Pailk with new. Tork sad ;