Winnipeg Free Press

Winnipeg Free Press (Newspaper) - June 28, 1915, Winnipeg, Manitoba 10 Manitoba free press june Money and business Reading was the the new York Market gaining three sold fifty Points has Large railway mileage. to show this figures arc quoted the following 1914 7 296 297 in made great Advance in transportation facilities. Remarkable break i local r. 1107 Lima Rio 1311 cities a towns ill villages of Rural municipalities orators Grain production 11105. Bushels 1914, bus hels. Financial Stringency. The report mentions the changes past decade Saskatchewan i the fun Uncial Stringency upon railway con m sing dwindled Immi Gration shrank in its volume Settle ment did continue to extend Trade depression set in the Money Market became timid in 1012. Fear stricken m 1913. Incl almost collapsed m panic when War broke out in 1d14. Allen depend ing upon borrowed a nil till for their prosecution were compelled to almost immediately shut the first to be affected was construction of railway lines. Not much therefore has been accomplished in Extension work in the province during the past year. This is very much to be regretted for Nob with great Progress made be districts have to Miles to a where lines Are needed. This is True of a Large part of the area Between the line and the International Boundary of a District North of Maple Creek of District North of Battleford and of still another District North and East of Mel fort. There Are As Well Many Winnipeg electric Sells in Tor onto at was valued by sir William Mackenzie at Competition the cause of trouble. Mcdougall Cowans Toronto june eleven shares of Winnipeg electric sold on the Standard Exchange at 130, and further offerings were made this week at us. At 130 the Stock was just 50 Points under the official minimum. Since with the this is the first Sale War began and compared on july 25, 10w, the last Erie and Ontario it was stated. It would be necessary to Cut such vessels in two a a they Are longer than the locks. The two sections of each ves Sel will be joined together at Montreal. All four Are of the whale Type and built of steel. The Sale was made necessary by the recent ruling of the interstate com Merce commission that All railroads operating steamships on the great lakes must Elsp dec. 1. Pose of their Lake lines by about fifty vessels belonging to various railroads were affected by the ruling . June pm Neil f the department of railways in Tiiu Durins the Ivy lion. .1. A. A a Lecler. Min of in thu report contained i following interesting that to Duih Vay mileage of Saskatchewan nearly quadra plod during the ten years . . 1.810 ibis z tis ill co-1 Ofifi . 1.3s-i Ilou 1.11 act co my Ess 873 2.793 3.259 5.65-5 5.9s1 entrances by rail. In 1905, the report Points out. Ney across Saskatchewan from East to West by rail could have been com Merced on the East at seven different Points and terminated on the West at two Points. Today Entrance can of made i rom the East at thirteen Points o or. A Jour other districts suffering in a less de this it is that makes it to be regretted that the capital required to continue the building of Branch hues is no longer available. Nor can it very Well Ibe that much change in this situation May be looked for until transaction 19 earlier that month and 196 a. Year Aso. A Winnipeg letter received today states that the City has gone Jitney crazy and the five cent autos Are to be found everywhere. The result is the Street railway is suffering from u big1 falling Oft in traffic. Prior to the War and the present de pression sir William Mackenzie offered the Stock of Winnipeg electric to the City at 250, and at that time Many Winnipeg people were willing to con Sider the proposal. The Issue was Tor Merly considered locally to be Worth from 200 to 210, and was dealt in at these figures. Tho future of the Stock is to a considerable extent bound up in the Jit Ney . The company and the City have for a Long time been at loggerheads a number questions being in dispute. These Are now to some extent being cleared away. The appearance of the Jitney has placed a weapon in the hands of the City which can be effectively used at any time if necessity should arise. In any Case the Jitney problem must be solved by the Street railway. Brief session of new York mar Ket was fairly animated Busy time in Reading. Expand icon of the province will need and cd it ional outlets. The belief is expressed that 1 acidic ports now about to open will eventually absorb some portion of the province s surplus production. Measured in terms of acreage says the report the possibilities by the increased railway mileage Are striking. Taking the increase in round numbers at 3.500 Miles and Flims the distance on each Side of the International Boundary for or Olla he farming at 10 Miles a total increase in area amounting to almost acres Abeen made available. While proo Akly More than one fourth of this area is As yet Undjia cultivation says the report each you More of it is being tilled. With even two thirds of this area producing foodstuffs a very Large volume of traffic for already existing lines would be created. Villages become towns. With the growth of the railway sys tem the report business centres sprung up along the various lines. Villages grew into and towns into cities. Residents in Rural districts organized themselves into municipalities to push improvements and undertaking s of local concern. A spirit of activity and Progress pre dhum Macc Clicc cd Buo Htoo of Fino so Annii it fld to dui Linb Oruro one Quarter of Chicago s wage earners directly or indirectly involved in labor trouble. New York june in in vestment shares and renewed weak Ness in secondary railway issues and United states rubber furnished the up Jocsing movements of today s Uriol fairly animated session. Buying of heading was the most impressive Fea Ture transactions in that Stock aggregating about shares or 25 per cent of the whole at a minimum gain of 3 Points. Except t of time worn a rooms which hinted at important developments there was nothing of a tangible character to account Lor read ing s Rise. Other High Grade railway shares were in. Moderate demand at advances or a Point or and United states steel. Amalgamated Copper and american smelting together with a few War specialities also reflected absorption some of which probably came from the need s of Short interest. United states rubber added 3 Points to its recent Sharp setback declining to 51% against 66 vie at the week s open ing on persistent reports that the business Between Canada and Britain shows an increase dividend is to be Cut entirely associated press London june following Are the official figures of Trade Between Canada and the United kingdom in the under mentioned articles during May imports from Canada May 1915. May 1.914. Wheat. Wheat meal and flour Barley Oats Bacon 12g.9.-m special train service to Winnipeg Beach and Giralis july 1st trains will leave As follows .8.35k, , of Luk. 13.20k, 11.00k, 14.20k. Chicago june in Many parts of the country will suffer As a result of the shutdown of this City s building Industry which ordered by the Allied building and material interests As a War measure against the striking carpenters began to so into effect to Day according to James Pryor a Mem hardware her of the press committee of the employers. Or. Pryor said he had Tele j graphed out of town concerns to can cel orders arid to Stop consignments Al ready on the Way to Chicago. The shutdown will become Gen eral for a week or More it is stated j in some cases where it needed Only hams cheese canned Salmon canned lobsters exports to Canada. Spirits Wool pig Iron wrought rails galvanized sheets tinned plates steel bars pig Lead cutlery s2.10s 23.49s 4.sc9 2.s72 but 103 1-2 wast bid for. More at the close of the Market. Cement Bonds were stronger Selling at 03 1-2, the Ilg Hest for a Long time and being quoted that Price bid at the close. In unlisted stocks Asbestos common touched a new High for Trie movement .1, but fell Back to 10 later. Tram Power after easing 1-4 to 42 1-4, to 43 1-2. 0 total business for the morning 336 shares 1.600 mining shares Bonds in unlisted securities 285 shares and Bonds. Argument concludes in rate Advance Case Washington d.c., tune argument was concluded before the inter state Commerce commission today in the Western Advance rate cases after a fled a discussion by attorneys for interested Railroad s and shippers touch no the reasonableness of the proposed advances in Western territory. The Case was submitted to the commission. Its importance was said tonight to be the basis for the belief Here that it will be decided during the summer. Chairman Mchorgh of the commis Sion announced at the conclusion of argument that hearings scheduled for hic ago next month on proposed in creases in the territory on com oddities other than those on. Which argument Here has been made will be cancelled by the commission since the carriers agreed to suspend these proposed advances until september. C. C. Wright attorney for the North Western and other interested roads said he had been informed these schedules would be suspended at once Proba Bly until september 29. The sus pension was taken to mean that the carriers prefer to have the Case just submitted decided by itself. Several new companies form Das Sod at next week s meeting of the directors. Missouri Pacific res Ponder to unofficial statements outlining the proposed1 Friendly reorganization which is said to involve a drastic Scal ing Down of existing issues by soiling 7, a fraction above its Low Price o the year. Hock Island at a decline o 16 measured the precarious state o that property in relation to its prov Able rehabilitation. Total sales amounted to shares. Routine news included another break in italian Exchange remittances to Genoa being quoted at i.02, which implies further impairment of lires As against the american Dollar. Exchange on London also fell off. Likewise French but neither was with recent quotations. For the first time since Early in May local Banks failed to show an actual Cash gain. Reserves contracted 000 reducing the excess reserves to after having stood1 at above for a week. Bonds were irregular with More sales for future or foreign account local sales Par value United states registered 2 s declined Viper cent on Call during the week. New York stocks. Inc sorted by Osier Hammond Nanton 1 new York. June u6, open. His. Low. Close. Erie Sells four Lake steamers the order to top machinery it occurred today but in others whore perishable goods Are handled there May be a continuance of work for several Days. Employers would venture no definite statement As to the number of men involved but the average estimate wits returning ruins leave a Lull it nil 19.20k, and to Luerul Cuit Lent main st., flu Buuts or Ihil ivus ticket acct. Hainy River navigation co., limited Tri weekly service through the ten thousand islands of the Lake of the Woods and Rainy River. S. S. Tourist season june 1st to october 15th. Up South leave Kenora monday wednesday and saturday. . Leave Rainy Raver sunday tuesday and thursday 6.00 . Arrive at fort Frances sunday tuesday and thursday 5.00 . Down North. Leave fort Frances tuesday thursday and sunday at ___8.00 . Leave Rainy River wednesday Friday at . Arrive at Kenora monday wednesday and Friday .5.00 . Winnipeg to fort Frances and return and berth on Steamer included. For further information apply to any ., . Or . Ticket agent or to a. Mackenzie be n. Pass. Agent Kenora ont. National patriotic week Winnipeg. July 1 to 1o tickets on Sale june 30th to july 4th at fare and one third tickets on Sale july 5th to july 8th at one Way fare for the bound trip. At All stations Ivenora. Ont. And West and Manitoba. For the bound trip. At All stations port Arthur and West in Ontario Manitoba Saskatchewan and Alberta. F1xai. Be Tukaj jul Ltd 12th. For further information see any Canadian Pacific agent. Winnipeg ticket offices City office Corner Portage and main. Phone m. 370, 371. Depot m. 5500. Montreal sales. Mcdougall Cowans june 26, Imo. Morning. Domino steel 25, 100, 30 25, 25, 30 50, 30 Dominion 131. Canadian Pacific Canadian Pacific can. Cement Sherwin Williams paint 000 100 11 10, 10. Crown 72 70. Montreal Tram. 100, merchants 180. Stocks in London London june transactions in the american Section consisted Princi Pally of sales which shaded values fraction under parity. The closing a steady. Financial press comment. Direct connections in both directions when travelling to or from the East via grand ,1 Runk Pacific Lake route. Itineraries Canadian Osier Hammond Nanton new York june the general list As a whole shows signs of becoming easily oversold. The mar Ket is expected to be ii diet and irregular today with advances in some of the specialities. Times the existence of a. Broad for Ward movement in highly important lines of Industry is beyond dispute. Herald press despatches from Ger Many certainly encourage the belief that a peaceful solution of the difficulty with the United states will be , and such Hopes help the Stock Market. Ryan. Montreal. Lake of the Woods train service commencing saturday june 26th the campers flyer Wilt leave Winnipeg every saturday turning from Kenora every sunday until August 28th. On the following schedule. 13.30k Leav a Winnipeg arrive 23.15k 16.35k arrive Keewatin leave 20.101c 16.45k arrive. commencing Friday june 25th, and every Friday until August 28th the campers special will leave Winnipeg at 16.56k, arrive Kee Watlin 20.00k. Arrive Kenora 20.10k. Dining car serving fakes week end season Winnipeg tic let of flees Cor. For Taffe and main. Slain depot main s500. Glens says Montreal june four listed stocks were dealt in during the two hour session of the Montreal Stock Exchange on saturday. Iron the most Active off the four sold off a Small fraction to 30, and closed 30 1-8 bid against 30 1-4 on Friday. Bridge changed hands at 131 for some broken lots and closed firmer at that Price bid against 130 the previous Day. Crown Reserve was weak Selling Down 5c. To. 70 and closing offered at that Price. Bonds were More Active than on any Day of the week a feature being furnished by Notes in which transactions footed Par value. The Price waa off 1-4 to bet Sest times today the Stone age Man held a Pebble in his Mouth for moisture and to prevent thirst. Forlorn makeshift of an arid land. Roots and herbs served better where Plant Lite existed. Early Spanish explorers found the aztecs used chicle wholesome pleasant and agreeably Welcome Relief from tropical heat. Refined mexican chicle its merits proven the test of time is the basis of and studied processes special machinery immaculate factories and the waxed wrapper sealed air tight make it the perfect gum in the perfect package. Special train to Sewell and Ketchn. Thursday july 1 the round trip train leaves depot at 8 o clock return ing leaves Sewell at 17 o clock i As restaurant facilities at Sewell arum very limited it a hug stated that j ars take to Weir lunch with them. Persons i intending to visit the Camp should Wilto their military or Oncu . A Saveli to meet them at station and vouch for them when enter inc the Camp. We. Wal Grey co., find Toronto Ontario two delicious flavors Cooling soothing Peppermint and the toothsome Tang of fresh mint Cis Chew it after Evev Ideal ;