Winnipeg Free Press

Winnipeg Free Press (Newspaper) - September 8, 1915, Winnipeg, Manitoba 10 pee press. Winnipeg wednesday september 8t.1915. Commercial fluctuations in Winnipeg Market wheat october december _ May october open High. Low. 85s 90jbb 89jas close. Sat. 85 84i Job september october october. November december 47s 47 142 142s 140s 47 45 141b 14114s 145 36h Mil 36 Doo _ s3h May 58u -37w 38u 38 Chicago Pokk. Laud and iuh3. Primary rec upts. Winnipeg Cash my drops 41-4c heavy receipts in All markets Oato flax weak and 3 Northern no. 1 rejected seeds no. 2 rejected seeds no. 2 c. W. _ no saw. 81 _ 34 36 32 40 40 140u 1 feed no 1 feed 2 feed Barley 32u feed no. 1 n. C. No. 3 c. W. 40 -10 _ 139 Clark Martin Chicago. Sept. 7. Today. L. Year. _ _ shipments------------1.6u5.000 _ 1.87s.wo stocks of team input. Grain Exchange. Winnipeg. Sept. 7. 1315. Liverpool cables were not quite w Veak a but tills was off by uie heavy receipts Over to Holl or. Of uie line for three Days inspections showed 1.2si cars Minneapolis 1.47. Uii Luth. I i. And Chicago. 1st. Tic Lyril hour and a Naif of a Gulnesa the i raft was around opening considerably later in Kol d Cash demand and could Erable Euort Tinl Nisi. Prices com Yaich with saturday s close were Toto lower ant about 11.30 ., tune was a train of about s cents from Points but this was not main opened in he str. Und were opened lower on october. 2f. Unver on november and and further on Tho month. American markets opened i to to Jihor. Hut it intr Tho to hours on unsettled a Cahier in the Southwest. Mckibb again Liverpool spot wheat unchain cd to 3d lower for Winter. .4d lower i Latef. In chaired. And Cana will to boar Light dealings on Wall Street sinking of hesperian Hibib effect on. Now York sales for foreign account. New York 8epl Leht Deal ties and relatively narrow Price accompany inc today s mar Ket were air bed to Callon urls Lair rom Tho san kilns of Tho urls Lslie liner me Spenlau. Traders were plainly Dis posed to await further regard no that episode before making now commitments on us Thor Aldo of the account. Public interest was again ackling to a noticeable extent. Although much of the Day s general news of a favourable nature. Conditions affecting twin foreign Exchange Market were without material change despite th8 arrival of another Larca consignment of Gold and american securities from London making an estimated total of about . 300 from that Quarter within the few weeks. Offer lairs of Bills on Lon Don were Light at nest. But later they Wero sufficient in volume to depress demand Sterling almost 3 under Tho week s closing quotations. Continental Exchange win irregular Franca while Marks ind a arcs Ulso yielding Wero morn steady. Stocks opened it Ono to two Points decline reflect inc thu marked heaviness of american securities in London. Amount of Cotton ginned to sept. I uie Tho Dominion Montreal 318. Nova Scott steel co. 3iu w. Us i5h. Can. Spanish the Bank merger. Eai Terp financial paper statement of minister Varjo and Union Vingino. An Eastern financial weekly which has presented some interesting information regarding Tho proposed Merior of Tho Koyal Bank and Tho Bank of Hamilton suggests in its current Issue that the statement of the minister of finance. In refusing to allow the amalgamation to proceed there is vagueness or uncertainty in Law Welch governs Circum stances of Tiu character. The Bank act of 19u provides that any Bank May sell us to another it. However also provides that the ral Nuter and the governor in coun cell must in a trifled that the proposed Amalga Matlon in the Public interest. Of this latter matter the minister him self the final judge. Tho Law most Clear and explicit. Throughout the world them been for a Long time past a growing conviction that very Large aggregations of capital wore not in the Public interest. At the Pujo investigations in new York City a most distinguished financier undo the statement that the for mation of a. Money Trust in new York had up to that time not done any great harm but to was of the opinion that further expansion along the same line would to fraught with danger. Amount. 01 Cotton canned i oops. Comparing with 480.318 Bales last your. -783.099 in 1913. Und in 1912. to by anticipated that term returns to sept. 1. This year will comparatively Light As picking has been delayed by unsettled weather and email returns should be viewed in thu Light rather than upon the ultimate size of the crop. tre i now inc. Tho interest in Tho will Cen on the weather map. The South dry warm weather to Force maturity.? Ana such weather is soon had we shall find Tho Trade apprehensive of to the Effe Cui possible Early Winter. Railway earnings. Mcdougall Coward naw York. Sept. A West Ern july grass. Increase net. Were Public opinion in Canada runs along recoveries followed by another setback. I Tho same line. Let Lei or no harm has later Tho list settled into h state or in by with a renewal of professional activity and manipulation in Tho Una i hour. Notable gains were Coll cd to the specialities but liter changes were limited to a Point or Thyren hoists. Exceptions were general motors which Rose 7 is to 249 1-2, and Avil 18.s, in the ii Only 1-1. Belh Ichum steel Rose 4 to 2d1 relinquish ing a Point it the clone. Total sales of stocks amounted to Shn rus. Salem of for foreign ii account. Least they were no regarded of Tom frequency of future offer Lens. Larger and broader than for months past. 000. In us Dlton to these open trans i colons numb rom Privalo Eales of these securities also for european interests were reported. Advices from leading financial confirm local reports of a steady piling up of Cash a condition which conservative Bank inn int crests Are beginning to View with concern because of he tendency toward reckless speculation and inflated values. The Bond Market was throughout. Toll sales Par value no Regii Tinb United slates Bonds unchanged Call. _ sew Yorik stocks. Ille ported broiler. Hammond t. Sun ton Ork. Lilith. To so Wool Sale opened. London. Sept. Wool auction were opened today with offerings of 9.900 the selection was fair and the attendance was Large. Them was a Pood demand for mar los and Cape of Good Hope and Natal and prices ranged from unchanged to 5 to cent lower. Sold from in but 89 01 do Ohlow. Hut. 163 Bivi 62 b5 Amer. Can Amer. A. Chen. J Amer. U. Sugar. 00.4 Amer. Rory. 68 wait Amer. Cotton Oil. Amor. Of Amer. Smelting. Amer. Steel dry 32ft Amer. Sugar ii Amer. T. To 1z3k 122jj Ainer. Woolen _ 3914 ionic atch. Old Atlan Lii a increase. 09 total income. Increase Small nails showed better strength than industrials and the fact was in couraging., an it conveyed the Promise of in increase of Public interest. Furthermore. It was believed to indicate the Palm of difficulty Exchange. Encouraging increase of earnings for Coal roads As result or increased Domestic demand and development of an Export Trade was reflected in the strength of c. Of. And Norfolk Western. Big Gold shipments August 9, following a Imp Gucal o Atlon. Was held at Calva a Irth Pluto. Near Here to Day. 38u 71 halt. Of. M. N. T. Bs1. 82v4 mj1 156 4 los i if h May 67v. B71 i Bank of Montreal established 1817 r. B. Anna. Pm. Hon. Robt. Mackar. Baum Sarton. Eat. Board of directors ii. V. Meredith. . Sir . K. C. V. O. C. B. Gordon. Etc. Sir William . C. R. Homer. H. R. Drutz Nond. D. We. Mcmurr pm. Ger Frederick william8-Tavlor, Bankers in Canada and London eng., for the Canadian government. Branches established throughout Canada and Newfoundland. Safety Deposit vaults boxes for Safe keeping of valuable papers and jewellery. From per annul according to size required. A. F. D. Macrachen changed to 5 per cent Wilsher declined 714 per cent Xiii Chat scoured. And America line with the Ilia Export licenses will a rom Tail. No though Fri Clil Lias been made yet. Big receipts Send wheat to Low Point. Chicago sept. Wheat decline. To Day to the lowest or lock yet this season. Big receipts in Tho North wort favourable weather for the movement of Grain tended to induce Selling. Lower quota Loim it liver Pool counted also against the bulls. After opening it to Tower Tusi Down with september at 92 to and december at 89h to Doc. The Market rallied a Little but then weak cued a Aln. December at Doc. Holcli Ocean freight Ratch and talk of u Hlll further incr Euno in Tho near future kept Tho Market weak most of the time despite covering by prominent Shorttie. Tho unsettled in to net lower with september it and december at soul. _ livestock Union stockyard news. On hand tuesday at the Union Stock Yards were 2.1u5 cattle. S5 Hogh and sheep. Let Colita on september 6 Wero "0 Catton and 1-0 hoes. Shipped in the name period were 70s cattle s33 Hoss and -11 sheep or which 9 cars of cattle wern sent cast. 12 cars of cattle South and Ito remainder to Tho local abattoirs. Trading Wax fairly Active. He thigh inc Clits were Light Tho last Day or two Calm. _ of Heth. Steel a. 31. St. A Crucible steel Chic t n. Of. Colo. 1. I conv. Del. Denver k. U. Denver pad _ Allyl com. Alula Chal. Old. Urlo Erie 2nd pad 8m 231 28518s i 8s j but l 200 48u 46% 14 0 j11 140 38 i 67 at. Nor. Ore at. Western 111. Central _ i Wiiiiam Valley t Nash 39 29v. 42 42 Lulli Iblis 140 8 38v4 i8u 44 i 33 a 431 30 170v 41u Loti 13 31 to 27 27 e. P. Win slow bunt of Dranchek Northwest prone net. Winnipeg. Manitoba. Manager Winnipeg. Manitoba. Parlor observation cars Edmonton Rupert Abr nuclei lbs Rocky mountains Villi Meruil i tour i1_ most modern electric lighted parlor observation cars with com Modlo Tih Obom Nylon platform also Brooking compartment Tho Only cars mud which afford Tho tourist full View of Tho succession of Wounderful natural beauties encountered in through Tho Valley also Amonjr Tho Fraser and . Sunday tuesday Friday Leo Edmonton . Monday wednesday saturday Arr. Georgei . Tuesday thursday sunday Arr. Prince Rupert . Wednesday. Friday. Londay your route to the California expositions and Pacific coast cities a 500-mile Ocean voyage thrown in agents of the grand trunk Pacific will to pleased to furnish full information. A Are Iraq Union station. Main 2326. City ticket offices 26q Poppa a Avenue 5373. Lint there was k fair Quantity or love c on hand previously. The demand Lor real Good it cars Good Lehlah jl., k. T. Pad so. National Lead if 67 i West 111 3% 63 031 4 a 02 " in Lloldi 145 114v 116v 71 a 64v nor. 108 -107w Ift a been Donn so far by Tho concentration of Loop ital in Montreal. The Domin Ion has however had enough of it. What the people of this country am looking for now is Tho development of financial Interior its in other cities from Halifax to Vancouver. Tire present chartered Banks arc in Many respects a great credit to Canada what is needed now is not Tho enlarge ment of. Tecsa institutions but the creation of a new class of financial institutions of a com what different character which will do in Tho Domin Ion and for its citizens a class of la Nanlal work which our chartered institutions Scro not designed to do. Difficulty to continue exc Harrje problem Between America and Europe will outlast War. London sept. Morning 1 . In a. Financial Artl clo today treating Wlton the Exchange problem expresses Tho belief that even when the War comes to an end Tho purchases of raw material and machinery from thu United states by All Tho belligerent countries will continue on n very Largo scale and that therefore the influences operating upon International Exchange must on Tho whole to Adverse to eur Ope. Under these circumstances the article whatever credits Are or it gtd should not be too Short dated. Tho newspaper says it Hopes the trea sury will Bear this Point in mind. Advises purchases american suggests that Wil son will submit to All outrages. Mcdougall Cowana new York Bept. Sinking of he la Esporlas and Tho pernicious a Vilty of or. Dumb Arn Apt to cause to settlement in the Market today. It s not not to very severe however As Wall Street is gradually making up to mind that Washington will a Cut Esco quietly in anything that Germany May do and that us activity will be Lon nod to protests Only. This feeling has been steadily gaining ground Ever since the sinking of the lust anal on any Sharp by Cali this morning stocks should be a passengers new York. Hept. Elevated and subway transportation lines of new York City during Tho year ending june .10 carried passengers. This number is a decrease of four and a half million compared with the pre Vious year. The subway carried 646 passengers Moro than last year but them wan a falling off on Tho elevated lines of the Decene on the elevated lines is attributed to general business depression and to a Fallone off in foreign travel. Trading in Paris. Rails sell was Dull on Tho Mourao today. Rentes 6s francs 50 centimes. Exchange on .7 Franca s3h centimes. Surplus Otter charges. In crease Soo july Gross decrease net increase Missouri Kaunas a Texas july Gross decrease net. Decrease twin City earnings. Nerr York. Sept. City rapid transit for the fourth weak in August decrease for the month. Increase i loss. From Jan. 1. Inc Nunuo Wall street1 close. Now York. Sell in stocks was on a nominal scale today the Hes Perian incident acting a a Check. In uie main however the tendency was towards further improvement. With no increase in activity prices were lifted All around in uie final hour coolers leading Tho railways. The closing was irregular. London Exchange rates. Now York Siept on Lon Don continued downward after 3 o clock. Herl intr 60 Days. De Mand cables Dow Jones comment. To Mcdougal Cowan new York. Help. Sharp rally kit needed the opening decline but trading became Dull on the Advance. The Supply of stocks appeared to be i a will bring inflation new. York. Sept. Hero did not altogether relish today the news that More than lit Gold Coin was speeding to new York to better great Britain s credit in this country. This it is believed. Is the largest single Gold ship ment Ever made by a foreign Power. It comes at a Elmo when Gold la less wanted than Ever before in the his tory of the country. Bringing this Mountain of Gold to new York a when the Normal demands of business Are lower than usual when Tho vaults of the country Oto already clinking with Gold. It will accelerate the tendency toward inflation and speculation. Already us cordon in to the weekly statement of the Federal ret Ervn Board As of Bept. 3, the cold Reserve in National Banks has reached the total of this mass of treasure cannot remain Idle. Seasonal demands such As the in creased demand for Money in dry goods Trado and the movement of the great Corn and wheat crops will de crease uie sum. Hut will still leave. It is believed a huge amount which must be put to work in other ways. A Strong temptation would thus he presented to employ the big remaining surplus in speculative Enterprise which would tend toward bringing about a period of inflation and fictitious values whose collapse would have an unhealthy effect upon business in Gen eral. Liverpool Cotton prices. Liverpool sept prices Are quoted As follows due. 3 to lower. Opened Culet unchanged to 1 higher. 11.16 ., quiet 3ft lower on near 1 lower to 1 higher. Spots Cood demand unchanged. Bids. 5.5 tales. American. Imports american author of Siwash stories buried. Corlo Iii. Sept. Funeral of George Fitch widely known at u humorist and. Author of the sin Ash stories who died at Berkeley cal., train service changes trains no. 1 and no. 2 leave or Peg .-and arriving . Respectively will Dally except sunday West of i my Lola and return. Trains no. 1 and no. 2 will be to Fortee and Melville to Points As far As Edmonton. Including Saskatoon. Nokomis. Train no. Cav inc Winnipeg t runs through to Prince it Upert on Baa Days and fridays. Train 2 at . From Prince Rupert. Rives Winnipeg tuesdays. Burt Dan. Sundays. Mixed service Melville to do. Itan i Melville Mondays. Days. Fridays. Ticket Union station. Phone City ticket office Portage ave. Pm. M. K Choss established line Montreal to Glasgow i . Qty . Cassandra Cabin passengers Only j52.m Ord Citty prepaid tickets from Scotland. Issued at Lount rates. Full information from railway or steamship agent or h. E. Sidman. General agent 34h main Street. Phone m. Mii. Wynn leu. Hep. 1. Up. Hack Island burnely 101 21 it s3 6 6u in Studebaker. 110 hoho. A to. 16. 00 Only especially Good make j7. Tiu Hulk being the 50.60. Tho hoc Market holds steady and the top quotations Aro around thu j j for Choice Bunches. Steers. Choice to prime Good to Choice 1 nor to Good Choice feeders fair to Rood Tenn. Copper Texas race Len Tol. St. Twin Tilty _ Union Rac u. S. Blubber u. U. 8. Steel Ltd Ulah cupper 55 Vint. Cur. Chem. Z8v. I 4 -4 i Central l ill go go 101 19 5? 112 60 165tt 541 10 Joti 129h .oov4 74 u 741. 68v, 381i the Sterling Bank of Tanada save the a pig Man who would Prosper must first learn the importance of Thrift. American line under the u. S. Flin new York to Liverpool every saturday at noon. White Star line new York to Liverpool. At noon. For outward or prepaid la Cuciti and full information apply to any agent for or or to w. Mcleod. Canadian Western passenger to Tel. 333 vain Street. Wynn Leo. French line compare Nile generate postal service new York to Bor beaux Chicago sept. 18, 3 Pajk la Touraine 25. 3 Spagne 2, 3 rochambeau__1. Oct. 9. 3 foil info mation Al 1 Alex. Calder s or neral cmti4wl acelus. 663 main he u Btu pc. Ifil liver tar kit Ayento. London Lemdon sept. Discount rates. Diver Choice stockers medium stockers hulls. Choice to prime medium to Choice i weights 6.81 to 7.00 6.35 to e.7r b.7c, to 6.k b.65 to 6.00 c.3g to n.50 to 6.75 4.75 to 4.s3 to s.10 4. Co to 4.75 4.00 to 4.23 Safe invest meat of savings in listed Bonds and debentures giving from to 6vi% return. There is o Market for securities of this class when other holdings cannot be realized on write As for full particulars. Mcdougall ;