Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 1, 1915, Winnipeg, Manitoba 10 Manitoba free press. Winnipeg thursday july stocks were heavy and volume of business Small in new York Pirfo Peg Bank clearings reflect quiet state of Trade Northern Trust and Northern mortgage bought on Exchange. Weal chess in All branches of foreign Exchange unsettles now York Market. Slots Sheffield Texas Pac tcil., is. L. Union Pacific u. S. Rubber u. A. Steel prominent banker suggests that americans should subscribe to the British War Lorav 12ta 127% so 52 50. 51 60 68i4 67% s. Steel pad 109 109% 109 a 10914 Copper 67% Var. Car. Chem. Wabash _ pad Vau Estoni Union 65% West bloc. 88 a Wise. Central Money 2 Salus to noon 137.200. Total sales 225.200. 66-Ti s9 a Oil. Increased our mix Iii water Iroku Tell of Tut Viiu Iii. The Myu Ilar and Jait persistent Una Sriri Umetin to Wurm to topic in ii if Ai eau issuer in tee us Olio to so Iii i Ipoh is Ivr tic Whf i. Is Giuili 01 Uio aces rang Ai Ici Jort uni icon ii ii Lur its own Alici ii account. Of Gnu ii is cry by of ii Daaud. Lie exol Auty be Jet Dfcia tile Luet mat Viilu us our i Lulu Asir Galu 01 uni future Uci Ivory , lamely Lor Amiji urn Vatca As 101 la ruins Linch Anse now Low re Zumrud Static lui1 i to Lodi icon it oui Ana leu Yrau. Lluavi1 us a ruins of Cli ecly on 1 at Tew Acu Uptan Xcvi. Chei Lis us or lira our a ii Totua Aiichi rubies or Kuss Laii guru at of Rem sunt Init a Lui count. Olb Pur cent Aga Ludt Trio Par Vatu of Trio Macri Waii Dollar. B i Nna alter declining to a i action under -l.vb. Apart ii oui Tii Jse conditions the Stock Market lapsed into extreme Dull in of Tae coming hopi Days. one i Ali of the ses occurred in the first Hall hour. A Lew of tile butter known Ruil ways specialities coppers Petroi motor mud Early gains of one to Tierce Points some of Vas later Ione Tud. Secoadari1 rails continued to sellout the uncertainty at using their future Missouri t acc to its Low record b i the Early year Ana ill Tsouri Kan Sas Ana Texas tailing sj4 to 24. Its minimum of Many years. I Otal Bales amounted to Soliai is. The Banic of Kos Lanu was a purchaser some additional sold but to tar As a Tuti be Learned no part of it was subject to release Jii this country. Tile neral Bond list heavy at variable concessions. Total sales Par Bulut. Agio related United states Bonds Ware unchanged new York stocks. Reported by Osier. Hain Monck Nanton 1 Ork. Juno 30. Open. Hish. Low close. 54 75 t 74 a 50 80 38 inti 50 81 38 a 49, 79% 38 amal. Copper Amer. Chem. Traer. B. Sugar _ Amer. Car Amer. Cotton Oil. Amer. Loco. Amer. Smelting truer. Steel fiery Amer. Jufiar. A in. T. T. Ads. 131% Amer. Avo Len Anaconda 35-v Atchison 100 i 1001 at a. Pad cd 98 Beth. Stool. 170 171 168va 169 n Jieh o 76va 76% rj6 a 7fa b. E. T. _.-. C. P. 11. _. Central leather Ches. O 39 a c., St. A. Ito a Coio. Southern clinic. I 31 36 i 35% 13 a 14214 40% 51 48% 54 45 49 i 80 37 25 36 100% 97 66% 98 1% 66 31 Clef lugs still fill reports prom local institution shows volume of business less than half that of 1913. Bank clearings in Winnipeg for the a Cek ending thursday. July 1. Show a loss of almost eight million As compared with Tho corresponding week of 1914, and a loss of Over fourteen Mill on As compared with the corresponding week 1915. The figures posted at the Clearing House ure week ending july 1. 1915 corresponding week 1914 20.55i.6b7 corresponding week 1913 two compared. Jan. 7 Jan. 14 Jan. 21 Jan. 22 i be. 4 feb. 11 Fob. 13feb. As Larch 4 March 11 March 18 april 1 april 7, 1915. 1914. 654 19.b85.943 april april 15 22 april 29 May i _ May 13 _. _. May 20 _ May 27 june a. June 10 june 7 june 24 july 538.03u.131 37.140.253 24.602.479 is. 177, 338 25.248.110 25.610.130 monthly stat moment. Cloa rings for the month of june As London june situation Aris ing from the weakness of new York Exchange on London continues to be much discussed the Treasury appear ing to be willing to permit Gold to flow to America in part payment of the bal Ance created by War purchases. The Exchange situation mean while has not been remedied. E. Davies chairman of the com Mittee of English and foreign Bankers on Exchange problems in tix Nango questions today said to an Assoc edited press representative i consider the Best Way for Anie rican Exchange to be righted will be by americans subscribing liberally to the new War loan Exchange being1 at pre sent something1 like 2 per cent in favor of America in such an operation or by americana granting about of credit to great Britain. The former Way is much the better one but either is in the interest of both coun tries and America thereby would herself for her shipments to this country. Paris depends solely upon London and any payments for. Foods and munitions must be made through Canadian insurance company will take portion of War loan Montreal june first subscription by a Canadian institution to the British War loan was announced to Day by t. B. Macaulay managing director of the Sun life Assurance company who stated that his company is applying for of the new Issue. Mutual zing the found impossible to obtain sufficient quantities otherwise. The government he was arranging so that a sufficiency for its requirements would be assured. Moratorium affects Manitoba s record equitable life the Home investment company paid yesterday its regular quarterly dividend at the rate of 5 per cent per annul. W. A. Windatt the managing director or the Home investment made the interesting statement to the. Free press that in the matter of collections for Tho first five months of the present year Manitoba compared badly with Saskatchewan and Alberta. In previous years the reverse was True Manitoba being usually the better province. moratorium Law has made a change this year Many borrowers Tak ing advantage of its provisions Ana postponing the payment of Money. The financial condition on. The. Whole in the Prairie provinces or. Windatt says is fairly satisfactory. Germans retire from Canadian concern Montreal june. New Dir Ector were elected today at an. Annual meeting of St. Lawrence sugar he wineries limited vacancies caused by resignations of Alfred Baumgarten and o w. Donner being filled by appoint ment of C. Ballantyne and or. Mil ton l. Hersey. Baumgarten and l on Ner Are germans whose resignations were compelled by Public fee ing As they did not repudiate Lusitania sink. Info. Trade balance biggest in american history Washington . June official announcement the greatest favourable Trade balance in the nation s history More than a billion the cur rent year ending at Midnight was today at the department of Commerce. It exceeds by nearly four Hundred Mil Lions the beat previous records. Important stocks lower in London new York june uncertainty was reflected in initial dealings in the Stock Exchange today with fractional declines in a number of leading shares. The Low priced railways Snow d increased heaviness Missouri pall la Albany june 30. General. T. Coleman Dupont who recently acquired control of the equitable life Assurance society wishes the Mutual nation of the society brought about according to a letter he has written prank Hasbrouck state superintendent of insurance. Or. Dupont said Mutual nation plans were be ing c sir. Tion did not prove practicable and satisfactory he was ready to co operate by other methods in safeguarding the future management. Considered but gave no details. Dupon also said that if Mutu Aliza special currency has now been retired june 1914 june 1913 _ Winn Peci stocks. The Rollo vans sales wore reported by the Winnipeg Stooge Exchange us having been made during the past weak Northern mortgage. 50 . At no therr at 125 50 at 125 50 at 125. Union at tie Exchange will not be open on. July 1, Dominion bid and ask prices at the Cobb were As follows listed stocks. Bid. Can. Fire a in7 com Merical loan 225 Home investments. Cd 130 Northern Crown Bank nor. Mortgage cd Northern Trust Standard trusts. Cd Union Bank Canada 143 a 125 35 .2 Lulli Colo. P. I.-. Cona. Gas Del. Hudson. Denver it Denver pm Erie Erie 1st pad Lille 2nd pad Gen. Electric _ nor it. Xor. Ore it. Western _ 111. . Kansas City. Lehigh Valley _ Louis. Nash Soo 115 a . K. T. Si., k. T. Ltd 28 to. 1 ii civic lend y. Cir trial 37-a to. O. 2s Norf. West Loc. Nor. Pacific. Penn people s Gas a Ressell steel car rep. I. Rep. Ltd Rock Island Southern Pacific Southern by . Piffl Copper 169u 147 of 9 a 2sh 31 95 137 asked. 100 105 80 97 i 145 140 Montreal stocks Mcdougalll Winnipeg june 30, 1915. Close bid asked 118% 118 138 9 55 147 54 116 28 65 40 ____________144 62 28 107 los i 15% 16 Ames Holden Ames Holden pad. Bell Telephone ----------------145 brazilian traction . Packers -------------------114 can. Cerner can. Cement pad. Can. Steamships so. Can. Car Fly. Can. Loco. _---------.--------.39 Levi can. Pacific 105 Detroit United 22m, 22 t30m. Bridge .---------------j.31 i Dom. Steel corp. ------------40 Dom. Textile .---------------72% 73 Lake of the 135 Lauren tide 160 Montreal Power ---------------215 218 Nova Scotia steel 62 64 Ogilvie flour Mills -----------122 125 Ottawa Power 120 Quebec ry.--------------11 12 Shawinigan .-------115 119 Sherwin Williams paint 55 steel co. Of Canada .-------15 Toronto Street 111 twin City Winnipeg elec. By. Iso financial personal. David h. Cooper manager of the Winnipeg Branch of the National Trust in recuperating in Toronto. 142 us 24 As 6% -63 87 a 28 29 103 106% 105% 114 i 47% 147 51 a 36 tit Lafof Winloc cd 1 it. Feed at a ton but latest sales Are said to have been made at tin bids invited on tons i rails for new transit lines. And the East Canonsburg tin plate company has started work on a 12-Mill addition. Of Canada account and your Bills Fey Cheque there is a. Decided advantage in depositing your housekeeping Money in the Union Bank of Canada and issuing cheques for your expenditures. You avoid the risk of keeping a considerable sum in your Home or carrying it when shopping and each Cheque when cashed becomes a receipt Tito sex Turat Job yiota and William Avenue d. I. Neeve manager. Portage ave nue strict ind Oln is Post f. J. Boulton. Manager. Of Bjiek branches in tying Peg. Ave nut Avenue North end. Sarrent Avenue. Mortar Al ind Siel Kai sent Avenue and Arlington Street 490 Montreal sales. Mcdougall Cowans wednesday june so 1915. Afternoon. Dominion steel 65, 30. Dominion steel corporation Dominion steel corporation Montreal 21.5. Dominion 72 25, 10, 73. Montreal Tram 15, 25, 50, 44v3 so 375, 25, 200, 4-Ivi 25, 44 100, 125 43y2 225, 43 100, 43. Porcupine 75. Steel co. Of Canada 69. Montreal Montreal june big Market for Tram Power in the unlisted depart ment upwards of shares chiming hands on a rising scale of prices in the Early morning and a sharply declining scale in the late afternoon infused More life into business on the Montreal Stock Exchange today than has been 1n evidence for a Long time Back. Rumours of favourable action on a franchise contract were accompanied in the morning by an Advance of 1 3-4 to a new record for the year of 45. Offerings increased at that level and a. Reaction of Pont followed but a fresh wave of buying in the Early after noon and the Price worked Back to 44 1-2. In the last fifteen minutes however Stock was pressed for Sale in hurried fashion and there was an ii erupt slump to -12 5-s. With the close at the Low for the Day. Thus turning an Early Advance of 1 3-4 into a net Losa of 5-8. The urgency of the late Selling explained i the1 Newa which did not become general on Flo or until the close of the Market that injunction proceedings had been taken against the Board of control in the matter of the franchise agreement the proceedings being based on bribery charges. Apart from Tho big Market for Tram Power business was Small and without feature. The first transaction in Carriage factories preferred since the recent dividend declaration went through at 73. Total business 531 shares 50 mines. Bonds in unlisted securities shares Bonds. Toront o stocks. Toronto tune some improvement in the trading on the to Ronto Stock exc Hango today. Values snowed Little Chango and the buying was chiefly of an investment Char Acter. Money was still in limited offer and the rates on Call nominal at 6 to 6% per cent. . Was steadier. The Price seems and if the i oot weather continues Iri the West some stimulus will arise for investment. The Stock sold at the notes Are higher at car and foundry was traded in at 65. And general electric at 91. Macki was firm Selling at National steel car was less Active closing firm it for the common and at 72 for the preferred. Barcelona weaker with to one share of in Oen to. 20 rails declined .92 per cent Dow Jones co. Stock prices attractive. Osier Hammond Nan Toji new York june course of business and financial affairs through out the such As to suggest a very substantial if not phenomenal revival of Prosperity at the nest definite sign of european peace meantime the volume of Domestic business is steadily expand a and this should soon be reflected in the profits of corporations. Many stocks still Rule at a level which should attract investors especially m event of any appreciable Jaid Law co. The new York Bond Sale. Osier Hammond Nanton new York june Foreit n. Situation is absorbing the attention of the Trade and its influence As a Market Factor must not be ignored. The new York City Bond Sale was oversubscribed about four Bryan. Canadian Pacific Down Jondon june the exception of Selling Canadian to a lower level business in the american Section was confined to further sales of. Gold Bonds at easier prices. Metal prices. New York. June electrolytic to Iron steady and unchanged. Metal Exchange quoted tin ;