Winnipeg Free Press

Thursday, July 06, 1916

Issue date: Thursday, July 6, 1916
Pages available: 14
Previous edition: Wednesday, July 5, 1916
Next edition: Friday, July 7, 1916

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  • Publication name: Winnipeg Free Press
  • Location: Winnipeg, Manitoba
  • Pages available: 14
  • Years available: 1872 - 2025
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OCR Text

Winnipeg Free Press (Newspaper) - July 6, 1916, Winnipeg, Manitoba Motto a free financial automobiles and reports from the important motor companies for the Hal year ending june 30 Are now to and they again raise the question where All the motors Are going and when the of this be Ere As follows vast development is to some of these reports the Studebaker Cor other liabilities it desires to and will furnish the Money necessary o resume dividends on preferred All the company factories Are reported to be doing a record and Are said to have enough orders booked to assure capacity operations until next Busi Ness is almost purely of Domestic the company is making Small number of ambulances and water wagons for the but the Large majority of the output at tie Carriage plants is confined to vehicles ordered by Canadian it is stated that the earnings this year will be equal to those of 1915 when the company profits were de ived largely from government Busi portion reports sales of cars for the first six months of 1916 Asrat St for the like period of an increase of 80 per which ought to be satisfactory to the although possibly not so much to the political none of these cars were sold to warring virtually All being used in Ordinary life by the people of this the Hupp motor re ports that it has orders for the immediate delivery of with business running 70 tier ahead of last the Maxwell motor co for the year ending june 30 shows turnover of nearly and u is planned to increase the output of the present fiscal period to the new interests that have bought the Stutz motor car state that they will double the output o that other Imge motor corporations make similar for several years past economists have discussed the question when the saturation Point in connection with the Purchase of motors by the Public would be this is a matter of special interest to buyers of motor which have registered Call Money goes to 414peb highest rate since in stocks Are substantial in car and smelters were slightly and Gen Era electric Quebec railways Rise of 2 12 to 69 12 was the chief feature in the Bond total 922 and 198 unlisted july local Stock Market today was but waa not without a firm notably Barce Lona and brazilian the former being the More Active of the it is considered probable that some of the purchases of Barcelona Are being made by buyers who Are influenced by favourable reports concerning the Progress of the enter prise and Are buying for a Long the Stock reached 15 h this a gain of 5 in the past month and a new High since the War in the inactive Sawyer Massey common was offered Down 5 Points to with a bid appearing at of Maple Leaf and one or two other issues featured in the late Christie is july directors for the Canadian Northern and grand trunk Pacific were appointed by the government the West Ern representatives Are for the and former mayor of for the grand trunk will be an other of the new Vokk reported by Hammond new july close commercial Market easier Ongoco Joeather exporters bought heavily though Only were reported from fluctuations in Winnipeg Market july 113 108 107h so phenomenal past two p o an Advance in the it is inevitable that in the course of time this demand for motors will he fully and the instead of extending their plants increasing their output by 60 or 100 ppr will find it desirable to Check All that can be said definitely about this mat Ter at the present time is that this Point has most obviously not been re nihed in the while acc Onizine in the fullest possible manner the enormous economic pain to the world through the development in this generation of the automobile j it May be said that human ingenuity has never suggested a at once so pleasing and so by which ostentatious wealthy people could indicate their position in human society As by the costly High powered new july the exception of a belated Advance in Call Money to 414 per the highest rate for this 1orm of accommodation since most develop ments and advices of a Market Char Acter Over the Holiday were accepted As distinctly Mexico conciliatory the further sue Anglo French 5s Cess of the Allied drive in the Western Jurisc Aimers War and the optimistic views pad of authorities in the Stoel and Iron Industry were factors of prime in gains were variable but substantial in the main and while trading further lapsed into dealings comprised More than the usual num Ber of the sole exceptions to the upward tendency were the Zinc smelters 95 shares which followed the course of f 50 Adverse Trade mexicans As a group were the out standing mexican Petroleum gaining five Points with 3 for the Green cananea Copper Rose Over 2 with almost As much for affiliated Rose four american smelting and Texas company presumably in consequence of the 00 per dividend recently declared by one of its United states steel served More than any other one Stock to stabilize the being freely absorbed in blocks of to shares at s6 to closing at a Mere Frac Ron tinder its Best in the face of continuous steels contribution of about shares re presented approximately 12 per weak Mun can car f Oil pad linseed pad sugar 95h 24 76a 66 89 it 54 24 7614 68 93vt s3 20 75 i 66 52vi 43 19 68 h 67 i 96 94 50 50 95 24 75 67 i 9314 54 54a 10 it 52 45 67 50 110 t 1 128 128 128 12814 Woolen 45 45 Anaconda 83a 83 82 Atchison 105 105 pad 99 98 Atlantic l Baldwin Loco 72 municipal the Ted gain were making an extreme 3 Points there was a renewal of last months inquiry for the better fair was w o steel 73 90 72 petrol 16 Cal pad 43 it p 182 Central leather 56 Ches o a w p Chino Copper i Gas Southern 63 130 22vi 23 50 42 4214 135 Crucible Stel 72 73 Hudson 151 distillers 44vi Erie Erie 1st 52 it Erie 2nd pad 73 to 89 it 428 2 85 i 17a 16 17 44 43 56 56 63 63 it 99 130 22 it a pvt 50 50 42 42 it 134v4 33 72 73 it 15u 44 44 it 36 63 99 it 44 a 52v 2 5314 45 elec 168 168 168 motors Goodrich 7r to7a 75 Northern 120h 120 120 i 120 Ore Western pad y of activity and strength m Wool Copper 13 it 37 37 it free press telegraphic news service on tuesday carried the information that who in Calgary is h Law partner of sen Ator James and tue Hail had on his own behalf and on of certain Eastern to relieve the pity of Edmonton of the Street which is owned by the City and owing to Large extensions made in the Boom is being operated at present at a some one in the Enst hag stated municipal ownership in the West in Ignis which the William in Tho current Issue of his highly interesting Montreal financial says is construed in that cultured City As follows meaning As in ignite meaning the while meaning the fat is now in the fire Why not Wool Copper inter Boro met Copper Southern Pra Lelih Nail motors Maxwell were with a Broad 50 17 49 pm 26 it 80 87 Maxwell 2nd 56vi Soo 127 petrol 100 50 17 49 i 26 80 56 13 Sovi 17 48 26 it t 35 13 37 103 17 49 26 i 60 68 79 133 79 80 i 86 56 s6v4 128 127 128 103 99 102 total Par Homespun perusing the even Trik the War debt of great Britain is now ten Homespun Why dont they hold a York control new holders of Stock obtain Poe Section of Carriage Ltd july activity and want three Hundred of Canadian foundries and forgings Are very july the most re disparity Between buyers and Sellers on record on the Canadian chances occurred this morning when a bid of 200 for Canadian foun Ries and forgings was confronted Vith a lowest uttering one Hundred Points this is Ali 3 the High St pries for Welcl Sellers have con ended in the Iii try of the George Graham is a Well known director of Canada foundries and Workings Ltd the president of he con Croneis of Mont assets Are supposed to be about the merger took in the Well known Plant of James smart m Canada fort company at Welland and Canadian Billings and 4 pad 12 a conc 7 t 1cbk new w Norf w 131 131 Pacific 114 113 113 58vt 58 58 29 1 Pittsburg pad 102 48 43 it 98 45 it 107 Grain july 1916 Winnipeg wheat closed c Down for july and and c Down for in cargoes Oats were h to Etc flax was unchanged for july and he up for october Chicago wheat c up for he up for october and c up for sep tember and Minneapolis wheat was he Down for he lower for september and c Tor All markets closed round our Low Points of the exporters said that in spite of the Good Little new business was Russell reported which was probably about the new wheat in Kansas is grading dispatch there said that out of 163 cars 78 graded 2 in the Torst half hour it seemed As if the renewal of the american Trad ins would cause an exciting just after the Bell our wheat was subject to some aggressive Selling which took the Price of july to c under tuesdays then some fair buying took it up to late weakness in Liverpool made the Price take a Midway course and it settled at the morning news from Liverpool gave the gain from saturday As 2 but a later Cable said this had been reduced to 6d higher the weakness was not the splendid weather map also had a weakening effect on our while Chicago went stronger from Rains and Cloudy weather in the Winter wheat reports reach ing Winnipeg stated that brokers were asking 10 and 12 cents Over july Price for the new Winter wheat in the Chicago this would make their new wheat dearer than the last month of our old general there was not a big general but the exporting Branch of the Trade provided some very Good both july and october months were taken up by these the general sentiment of the pit was inclined to be bearish and wheat would have declined in spite of the Strong american markets if it had not been for this coarse affected by a poor demand in the Cash Oats were weak during the Day and would have declined but for some Good buying by one of the exporting the Cash demand was exceptionally flax opened slightly but firmed up in sym Pathy with the american there seems to be very Little pressure on the Selling Side of flax and most of the contract stuff is in Good hands Liverpool quotations reported by july 1 hard Winter 2 red Winter 1 Northern Blue Stem 1 Northern Manitoba 2 Northern Manitoba new Argentine Baril prices Are approximately the value of wheat at the rate of sex rate of Exchange is not furnished by Cable a a received reads spot wheat no sales Manl today Jan Tobas on Liverpool Man Tobas declined to 6d Over with no bid from Satur sheep decline Butcher cows Dull cow stuff slow and Choice cattle sell prom to Union Stock july wednesday cattle and Winnipeg Minneapolis 1 Northern 2 Northern to 3 rejected seeds 1 Tough 2 Tough Tough 1 smutty 2 smutty 3 smutty Oats 2 3 1 feed 1 feed 2 feed 4 rejected in 1 no 2 cars inspected heat Oats flax july 4 761 219 is 39 1050 i 1915 c 411 67 duh 27 total Grain inspected for period wheat Oats Barley screenings Bye received at Barley shipped from terminals wheat wheat livestock news i produce Day by Dat potato bal 10 per 10 Frei pro to jobbers and per n 23 spy was on Board Brus mls captured As july the Tele Graaf publishes a report from Bruges concerning the recent capture of the or British steamship Brussels torpedo saying according to the general belief at capture was brought about by a Senger who he was but is believed to be a this Man remained on Date throughout the voyage and is have made signals with wife the result that the German halted the according to this the Senger was treated with the est consideration by the germans ant was Given full Freedom of to when he landed at Swiss War july the Swiss War loan of at 4 per issued at has Zeebrugge by German to 150 oversubscribed by Fra act since the beginning of the War Swiss National debt has risen an average of 2a francs per the Dominion Bank i Cai if Jot Bis Ved rices was easier the exc Choice stalled stuff which the sold at ers were were Siul ecu anxious to and very few went Over a new Choice Butcher steers sold bulls and were also Stock ers and feeders were 2o cents lower than were the Choice lambs Are it sheep Are off 2 per ast week5 receipts of sheep Are be coming Choice Milch Cowa and stringers Are still holding one or of Choice stuff was bought at an offered 1 360 and prices ranged from to both Eastern and local buyers were on the representative had of pics to Stolfo 1871 i i the Canadian Bank of Commerce to 968 970 850 980 880 866 970 810 840 873 730 840 770 970 820 720 875 913 570 so 600 750 z or 2 Canadian v1siblb 6 75 870 Cash markets pressed steel steel apr Reading red Shattu Karls Seaboard l Seaboard pad Sloss Shef Southern Pac Southern by pad Studebaker Copper 48 44 99 45 47 44 22 98 98ft 25 98 24 Texas Pacific 13 i twin Oil City Union Pac rubber 6 steel pad Utah Copper chem of Carriage factories yesterday was accompanied by an authoritative Story to the effect that control had passed into new according to gossip one or two Loca men und a group of new yorkers have been buying the Stock for a number of and have succeeded in securing Over 51 per cent of the total outstanding common this group has offered to lend the management enough Money to allow it a in All Hank Loans and any the Prudential America has established Iseli firmly in the Good will of Canada by its Liberal policies its fair dealings its prompt methods of paying the Prudential of life insurance in Canada last of in Over Complete the line forget Sayi Quebec and Saguenay will be finished this july Rodolphe for get and the new Channan of the Quebec Harbor were in tre capital today in connection with the taking Over of the que Bee and Saj Suenay railway system b that Tho que line be completed to Murray Bay by the governments taking Over of the line dates practically fro july Al though the exchequer court still has to decide on the figure to be paid the former which will be in the neighbourhood of four million dollars it is understood the government has decided on a reference to be submit Ted to but it will not be heard until after the Long mean while the unfinished Sec Tion of the Road is to be judge Garys Mcdougall new july Gary s prior to his departure Lor i very the steel the Best thermometer of general business is booked full to the end of the year with Many orders for 1817 margin of profit on this business will be larger than in the first Hal years production unfilled orders on the books Are close to tons on Mav is the largest on there has been some natural setup in buy in because of the High but there is no evidence of any slump in business throughout the he thinks steel is in time to reflect the remarkable condition which now the reference to judge Garys trip to Europe in the above despatch is a Tir Enoy the financier will be in Winnipeg on thursday on the Way to the Montreau july prices in Wabash Wabash pad Maryland 30 Union 94 West Willys Overland 71 it Wise Central 43 soles to noon total sales 47 98 45 107 h 27 16 39 47 69 135 it 35 i 12 it 195 139 139 54ft 54ft 54 87 h 86 h 86ft 117v4 78 i 79 78 41 it 41ft 41 52 it 30 it 98 25 71 135 136 135 35 35 35 h 194 13 i 196 13 194 for Cash wheat was off a bit from tuesday and was Only offerings were fairly lib eral and premiums about he no 1 sold at c Over other demand for Oats was poor with offerings some premiums were c Down from 2 sold at and then v4c Over the demand for Barley was Good with premiums firm Are Buffalo 24 1st 978 12 020 882 o pm any Lewis it last Winnipeg wheat 1 95 58 73 i 44 i 14 i 29 i 94 58 71va 43 14vi 30 94 it 58 it 72 be 44 4 Montreal Mcdougall july Over the wires shipments shipments 444 000 960 800 980 857 950 960 790 d90 in z 5flo the dash after a sure indicates a split Price that a Purchase of at 88viwould mean 884 and at when Price is split at close Clearing is always at lower figure for am Sholden Bell Telephone brazilian traction packers steamships car foundry Pacific Detroit United Bridge steel corporation 2914 150 59 58 69 2svi 67 116 182 118 220 1s3 11 234 130 131 90 33 69 29 68 118 184 223 186 14 235 131 95 33 132 37 Iso the Prudential Forrest f Home office Somerset Block the Prudential company of America no connection co should not be Para enter former company of Laurem Jde Macdonald Montreal Power Nova Scotia steel Ogilvie flour Mills Ottawa Power Quebec railway Shaw Migan smelters steel of Canada Winnipeg railway Montreal reported by Mcdougall a v new july Cement at 70 20 at Detroit at 100 at 117ft25 at 118 95 at 10 at 118 5 at 180 100 at 117ft 561 200 at 118 75 at at am Sholden at Lauren de at at 58vt 25 at 58vt 60 at 59 125 at 75 at Cedar at Bell at 150 3 at at Quebec at 34 50 at 34v4 85 at 341465 at 34 45 at 100 at 60 at 20 at 37v4 10 235 at Price reports that the weather has been idea for harvesting in the win Ter wheat rain overnight in the How caused strength in Liverpool Market closed with most of the gain since saturday wiped the total Canadian visible figures show a decrease of bushels of wheat since last a slight de crease in Oats and about Bush Els More Minneapolis Cash demand was Good for the Best primary receipts at Winnipeg were 1050 cars inspected with 700 in Minneapolis and Duluth passed Over the Hoh athe weather map was a dry with Only Light scattered showers in temperatures Are still the forecast is fair and july 104 it sept 106 110 Man Neapolis july 108 sept 110 110 Cash Pricel 1 hard 106 110 110 it 110 103 108 103 105 108 1 Northern 2 Northern 3 Northern Duluth july sept 107 109 113 104 99 103 it 108 107 july h0t4 Duluth 110h 481 528 330 213 162 232 420 890 880 670 955 880 780 735 570 640 650 436 260 360 115 201 220 has installed safety Deposit boxes Lodge your d of title insurance other valuables in one of these for further information apply to main office 391 main manager not Mem by other branches in Alexander Blake fort Kalvin North Duffrin and main sheep and 78 10 93 170 125 100 210 244 183 2q7 sows and 250 275 355 360 410 289 445 420 of Canada us a la a growing have always toward closer relations Between business men and their Bank but with a broader and More valuable service from Bank to customary open an account with the Union Buk of advantage of the exceptional which our 315 in add us to two be ital offices Otott Sanctus Perusse go t in i Al 180 82a 180 182 a 182 nov 182 it 182 Chicago Corn and oat Corn july sept Date july sept dec 76 73 62 38 40 i 76a 73 62 39 38 40 i 73 61 38 38 39 76 38 73 38 38 40 it established head Oak tvs Cai Cuil Jet Iii Kest and undivided boaju1 of George sir Henry Russell sir Henry George general disk cobs John Alexander Denis sir George ass general chief for thursday Chicago lard and july ing of tuesdays demand for Detroit furnished the principal Fea Ture of the on buying of about a thousand shares the Price Rose to 118 and finished at the Best Leav ing a net rain of 1 Carriage finished unchanged at and Quebec Selling 12 also finished unchanged at Lauren tide rallied smartly on Light Selling at 1sj or 4 up from last like a Strong feature among Public 1 to 59 14 and finishing at the but Toronto a fraction to 9 and in Montreal Power sales were recorded at 233 a recession of 1 12 from last Market bid prices on improved to 234 before the steel of Canada was the strongest and Post Active in the steel rising 1 84 to 69 and retaining All but 14 of Oie but Iron and Scotia held within Small fractions of tuesdays prices on a Small volume of Mcdo Surall july Dominion Montreal 2i3h she Winigan isei Holdensr Canada 5sh Cedars Bell car Quebec railway 34 33u Nova Scotia brazilian so Carriage Toronto Street 8terlino new july 5 Sterling sex for Broom Halls news on Orain Trade Baird Botterell have the following from Liverpool Liverpool Market opened unchanged from and later Manitoba became easier As shorts appeared the pronounced activity in spot was lighter to Gether with lighter worlds shipments to the United and of freights stimulated a Good with Manitoba firmly later Manitoba became Aitch being 2s higher than sold at with demand apparently Winters sold at l16d Continental demand is and european crop advices Are becoming Market opened unchanged from but with a Good Trade in american which Are 3d spot Market since sat urday id to 2d Price Chas Lewis july weather for the week ending july 1 was favourable for the harvesting of yields in soft variety sections Are generally Small or equal to the june 1 Spring wheat conditions Are improving slowly the weekend developed sum Mer weather and fears of Black rust Are entertained on account of the superfluous a muggy Seine favourable to the fixation of rust on the the Oats crop m the big Belt is reaching the filling stage and conditions Are fairly Good for a big the Harvest jul be from a week to ten Days if hot weather does not prevail a bumper crop will be the last half of the week developed the first favourable tempera sept 2485 lard july sept ribs july sept Prev american coarse a Bald it 3694 Kye wheat Corn 65 179 94 71 i 183 95 60 182 94 72 american last wobuv9 sh1pmest9 Chas Lewis lost last wheat Oats on Tures for Corn in the states of Large yield and the Plant will make rapid Winnipeg Cash these prices Are always the quotations on Cash grains at time of closing the option 1 Northern 2 Northern 3 Northern 4 5 rejected 1ot i rejected Temh wheat last year decrease Duluth july arrived sen Joseph p Snyder Lyman Moses Coal Light for Grain George John Thomas George John Light for Ore Northern wave Light octo passengers and Mer Chandise merchandise w h lumber july at Loc decline to to mix to to to to weak native beef to Western to stockers and feed ers to cows and to to sheep to to to South july receipts 2 400 5 to Loc lower Range to bulk cattle receipts 500 killers steady steers s6 to cows and Hsi Fera to s8 calves to Sll stockers and feeders steady to sheep receipts 50 steady lambs to Wethers to july the Canadian Pacific livestock Market this morning the offerings were 400 600 300 calves and 300 sheep and the tone of the Market for cattle owing to the fact that the Supply was just about sufficient to sat say the wants of the Trade for the bal Ance of the the demand from butchers was Good for All the suitable Stock Oke red and Trade was fairly with sales of the Best steers at to and the lower grades from that Down to butchers cows brought from to and bulls from to per 100 sales of sheep were made at to 75 per 100 and lambs at to sales of Choice calves were made at 11 l2c to 12c Good at 10 l2c to and the common lots at 6 l2o per Pound hogs ruled firm under a Good sales of selected lots were made at 00 to and rough Stock at to per 100 weighed off Coal Coke Galt goal Bankhead american soft and smokeless prompt deliveries Hammond Nanton wholesale and retail main and Portage phone m84w passed the Sault july Chas 10 Neptune Ellwood 11 har Vard Ball Schoomaker 1 2 3 3 4 Midland 5 Down Northern 8 j 10 b Luzon so noon 2 Barnum 4 july shipments were received at the Alberta stockyards wednesday but two cars of hogs having come these sold at a fair some bringing per three cars of mixed cattle were received and cows sold for and steers for 17 for the Best the shipment of horses which were received tuesday Are Tobe put up at auction wednesday there Over five Hun dred All having come from Sla Toronto july at in Stock Yards were 78 with sos 288 hogs and 648 sheep and Pulca lambs per 15 to Market Stead Ler with Light run slightly for nor Market makes Good cleanup of lambs hogs major Thornton la Oia Triet adjutant july Thorn of the Light has been appointed District staff adjutant Tot military District suit festoons Fota or weekend Victoria Beach new cottage and camping resort on lain Fine Sandy Beauty filly government bathing an Ideal place for the for information and apply City ticket Corner of Avenue and main main the old reliable Cunard line Avo smooth serviced new Yor Liverpool Montrea London service Suizzi Azziz Pascasia fac Soma Yor London service 5 a London Call Sis 19 it Carriss Cabin and third class l Cabin full Artl Pulark Froia any railway or steamship or Majni july 3s ;