Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 8, 1916, Winnipeg, Manitoba Iff Manitoba free july financial in answer to the also sure j to be whether the United j states was going to become embroiled in the great the judge said 1 think we May expect that nothing i occur to disturb the relations Fop Luff in this in Orrin for interviewed n uis turn me relations by the i or i existing at the present time Between the United states and each of the belligerent have no in nor have we the present to end rare in sex reminds Ini Iii of Ever was n the he j present War has ceased we must be Jon Friendly terms with All the other of saw lir i1 very when he wont i nov a few i our great a Nhiem is to prep nip for i judge Gary might then naturally War would be to this he makes an interesting i cannot he that the War will be loner 1 think that the warring nations Are starving for men they which will Mark the stoppage of the present High Speed speaking the great steel Corpora Tion Over which he judge Gary said that it was employing More men than it employed a year and that they on the 20 per higher he added that the Corpora Tion would spend this year perhaps in he spoke most strongly and even vehemently of the need of a High protective Tariff for the United and in one paragraph indicated his Hope that Wilson would be in that i Mhairi in rep p the n reporter j in Tim Mindr Arp Many which Indi to the lip of my spy which and munitions cannot he very in her of already there Are of coming there is sub Stantial proof that All of the coun Pur whether it to occur tint new York was become he s mrnt5 that financial Centre for the 1 not Airro with i tries deeply regret that the War was Ever started and they Are really sur prised that it has been prolonged to this no Ciupy that Gary might then be asked about the dividend on the common Stock of the United states steel Cor think that we which is a very live ques in reply he if to properly it must be admitted thus permanently hut j portion it lint we May Mccomi Tion in Oliph this r up rvs our if we live up to that he is speaking in generalities at the responsibilities thai circumstance this Point the soundest Corpora has Thrift upon us we shall obtain j tons not now dispersing the a Mii ional arid i bulk of their great earnings in in or fact thin Ivor possessed j usual they Are he any ins a surplus for the jars and jolts summer weather helps retailers favourable reports from most centres in the West and War group shares under pressure declines of 2 to 4 Lehem steel makes gain of fifteen the Dominion Bank head office Toronto established 1871 paid up capital Reserve fund every banking facility extended Sterling and foreign drafts bought and sold travellers cheques and letters of credit Assn so a savings department at each Branca be Anchus of Arlington Branch Arlington and port aft North end Branch main notre Dame notre and Portage Branch Portage and Johns Branch Muti and Redwood Winnipeg main and Mcdermot superintendent of Western Winnipeg 959 new july to Duns review from Branch offices of Dun in leading Trade centres of the Dominion of Canada note a broadening in wholesale Trade and increased retail distribution of seasonable commodities in numerous sections coincident with the Advent of More summer like weather Condi Montreal reports that retail Trade has been retarded by wet weath but that sales Are now Well up to the average for this whole salers Are receiving a satisfactory number of replenishing orders and a substantial volume of business for fall and Winter delivery is being manufacturers in nearly All the More important lines Are Well employed and a feeling of optimism seems to be the dominant there has been noticeable improve ment in both wholesale and retail business at Quebec during the Rast week or ten and with Little Idle merchants express them selves As satisfied with prevailing warmer weather has stimulated the movement of seasonable Mer Chandise at and both whole and retail Trade is now regarded i very satisfactory for this the j crops Are making rapid progess and i As reports from the country districts i new july particularly those comprising the War were again under pressure to together with other issues re related to that extreme declines of 2 to 4 paints were recorded by the More important the one striking exception being Bethlehem which gained 15 Points to 455 on a fairly Large number of Metal notably the continued to lose ground on the fur ther decline in these products shipping shares were consistently United fruit losing 3 with almost As much for mercantile Marine sugars were subject to profit taking on their recent and motors were when not variable declines were scored by United states Industrial Texas Federal mining and some of the Industrial issues dependent upon favourable Tariff mexicans and affiliated stocks offered greater resistance than most other Petroleum closing with an actual California Petroleum also were unusually Active and except for which was one of the chief features of the rails were scarcely a Market Union Pacific and Paul manifested Little of their recent and Canadian Pacific lost All of its sub Stantial Rise of the first publication of the crop report in the latter part of the contributed to the partial rallies of that general crop conditions showed improvement Over the preceding especially As to Corn and Winter Tola sales of stocks amounted to a Rise in Call Money to 4vi per the highest quotation since the resumption of business on the Exchange in was accompanied by a forecast of local Money movements for the showing probable loss by Clearing House institutions of Over much of this Drain is due to record breaking interest and dividend pay As Well As heavy disburse ments incident to the income Bonds were irregular on Diversi commercial lied total sales Par value aggregated Kwh Yoke stocks dont Send Money in a letter when you Send subscriptions to or order goods out of or pay Small accounts at a do not place the actual Cash in the thousands of dollars Are lost every year through robbery or use the Bank Money issued by this they Are payable in Canada and the United states in any sum up to fifty their Protection is Well Worth their Small British North America 79 years capital and surplus Minorin telent of Central Canada and f a quirk Ohem eral opinion seems to be that pro expects could hardly be taking everything into West conditions favourable reports from Mosi Cen tres in the far West and Northwest indicate generally improved conditions with the Advance of the there is a brisk demand fur nearly All classes of commodities at j with the volume of sales in practically All instances making i j t very favourable comparison with this j Woolen sugar can car Cotton Ltd linseed pad smelting steel Susura 54 k 52 54 19i 95 47 111 95 55 66 95 47 92 53 52 j 10 53 63a 94 47 67 95 i 53 53 54 10 52 i 44 65 47 111 129 45 Strong Market on Export buying Trade was Light and fluctuations narrow but wheat showed Good Grain Winnipeg wheat closed higher for Lii up for october and up for Oats were 4c to e while flax gained for july and for Chicago wheat was up c for a for september and c for de wheat was c up for Vic up for september and c up for the government report showed an improvement in the Winter crop condition of in Spring wheat of and in All wheat of the Market was firm and yet the volume of Trade was very the opening was higher on the strength of the Liverpool cables and a Little Export buying in the Early part sent prices up to the High there is a broadening in the Export demand but it was More the condition of the Market than the amount of buying which caused the Sharp and Russell reported about bushels of wheat worked at Seaboard up till noon and there would not be much More covered in the local mar the shipping Branch find wheat hard to get and Little buying runs up no one cares very much to sentiment in the american markets has and the opinions there Are that wheat is touching the Bot Tom prices for a this caused some fair buying by the Chicago there was no speculative interest in our and the waiting for the government report had a Ali dieting effect on the Trade the difference Between Winnipeg october and Chicago december offered a Good Opportunity for spread ing buit is said that very few took advantage of october Winnipeg october went up quickly the High Price was inc above thursday which Chicago december at the same time was Only c there were some fair orders from the South to buy Winnipeg some which were said to be for the shipping Branch of the Trade were Good buyers in Cash wheat to this Market showed an improved demand for All strains at bet Ter coarse Oats were helped by a better Cash demand and the Rise in wheat but showed Little the Trade in this Grain wis rather Dull with very Little Good flax very indicating renewed interest by the crushing american flax was even firmer than Winnipeg with a gain of 2 rates on the lakes Are very Strong with a Good agin the cheerful feeling in mercantile business at Saskatoon is very both wholesale and retail petrol pm reporting sales to be much larger Central than a year with prospects Lor gi4 Fin Thov in t l further improvement 49 181 i 181 180 56 i b3 9hi 445 35 21 47 i 180 56 i 62 98 reports from Resina indicate that he volume of Trade is Well up to sex 1 the Bank of x i i j be stations in the territory tributary 1 23 Vij 4214 23 501 22a 42 to that Centre and that the Outlook for is fall is rmihieousiee7 i there is a Seady demand at it Hudson i Gary for dry agric Misti piers j cultural groceries Ami ther and with no setback to Klio list the Canadian Bank of Commerce sir Edmund John Aird Genera assistant general c superintendent of Central Western savings Bank accounts the current rate is allowed on deposits of and or Firul attention is Given to every Small accounts arc mints May be opened and operated by in of a removal of a depositor to another the manager Wii i to advise regarding the Transfer of the admits he opened in the names of two or More withdrawals to be made by any one of them or by the main office 391 main manager asst other branches in Alexander Blake fort Kelvin North Dufferin and main Portage the present favourable crop Krie 2nd 37u 54 5114 fall and Winter business is expected to be very Ood Ricl pad a satisfactory movement of sum Mer merchandise is reported by de and the numerous that Are being received regarding i future requirements Are thought to Copper reflect prosperous conditions in the i country districts As Well As to Point j cower to a More Active business later i Vancouver reports a gradual but j steel steady improvement in general Trade vat and Munji satisfaction is expressed t regarding the j Maxwell motors Gross earnings of All Canadian Raili a Jurisi roads reporting so far for june show i00 an increase of per As comi petrol pared with the corresponding period i i pad Aci Ilu 500 75 119 36 510 11914 44 i 131 i 32 i 6814 50 44 562 54 44 167 2 500 515 75 i 36 74 s 26 80 80 i 70 81 57 104 a year commercial failures in the Domin Ion of Canada this week numbered As against 2s last week and 57 new the same week last 105 51 a 51 i 174 17b 470 252 60 133 80 85i 56 56 128 102 12 7 7 25 68 7fl 78 gets new works 103 46 Vuk 44 Lindsay will soon have huge government Small arms Plant in july first wheels will be turning by septem Ber 15 in the new Dominion govern ment Small arms ammunition fac tory in this a site of 100 acres has already been slo3s Shuf bought for the big the i Norfolk 4 w Northern Par 1 i 1tnn Peoples Pitt Fiuri Coal Pitts Burr pad pressed steel c steel up rav Reading 100 45 it pad 108 Shattuck Ariz Seaboard a l Seaboard 27 132 cooperative saving is facilitated and encouraged by the open ing of a joint savings account in the names of husband and father and brother and or any tvo or More members of the either can Deposit or withdraw Money at and the interest accrues to the credit of ask the manager for full two Central offices Willum Mir g a aul formic other branches in Winnipeg Condon per tue it arts Ftp 411 Forue ii the 1 a Home Canada branches and connections throughout a joint account with the Home Bank is a very convenient arrange ment for a Man and his As the wife May Deposit or withdraw Monck the absence of her husband and the husband May at the operate the account As if it were in his personal name pea Studebaker Copper Texas Pac Texas Oil contract is in the hands of Westing Church and Kerr engineers and of new who purpose to employ fully 500 men in the erection of the building after installation of bring ing in a Large number of men for this the building will be of by j1s7eef pad steel and i Copper the number of employees i3 to be i chem it is half of them Wabash Fra Maryland 70 27 26a 131 14k 11414 35 57 i 57 h 28 27 46 44 43i 2214 22 99 99 45 103 152 45 133k 35 281 100 47 98 24 i 70 136 35 45 it 193 195 192 192 twin City 96i 139 139 138 53 53 53 53 86 u 36 86 78 78 Union pacify rubber 52 51 it on fourth boys and on fourth they will work eight hours a and their wages Are to be i regulated by civil service Schei Willys 75 74 millions of it is Central 4s 45 44 have already been expended on Masa noon 57 94 55 40 51 14 29 93 56i total sales july steel stocks were subjected to some Selling pressure Here today As a result of the weakness in munitions issues at new the Selling was in no great about a thousand shares of steel of eight Hundred of and five Hun dred of but the demand was in steel of Canada declined 1 to 57 1 12 to and 1 to 129 slight rallies be which was a weak Stock in German sailing ship Indra began to thursdays Market rallied slightly and a big rolling Mill Plant has been purchased outright in the United weather of has charge of the government end of the like tale cargo tied up in new York two years by the War turns to new july the win 426 main Street h3 discharge Here today a cargo of nitrate from Chile valued at when she arrived Here bringing the cargo in it was Worth Only but the demand for the chemical for the manufacture of explosives has greatly increased its Price since the result is that while lying in this port for nearly two years the value of the cargo has increased by i the Indra was bound from a Chil lean port at when the european War the Cap Tain headed for new York on learn ing that War was consignees of the cargo began litigation to Cornel him to carry it to Dun but he declined to take his ship to sea where she might be captured by British or French july 29 1516d per 4 per discount rates Short o per cent three 5h per the Selling at g7 but it weakened a full Point later and closed 12 Down for the Day at 66 the greatest activity was furnished by Tram Power in the unlisted depart on buying of about shares the Price Rose 1 to 40 but fell Back to apart from these business was on an extremely Small scale and virtual la Canadian War loan Bonds were Active and steady at 39 to 39 total Busi Ness for the Day 753 Bonds in unlisted securities 311 Montreal Mcdougall Jelv am Showen 2s brazilian traction soil Cement 65 steams los car 67 Pacific Detroit United Bridge steel corp Iso 11714 213 54 Fil us 152 its 5414 fluctuations in Winnipeg Market july oct july july 43 113a 109 107 41 112 113b 108 107 106 43 160 162 165 166 41b government july 1916 Winter wheat Spring wheat wheat Corn Oats condition crop comparisons Winter wheat conditions Spring wheat conditions All wheat 19116 1915 Liverpool quotations reported by july 1 hard 2 red Winter 1 Blue Stem 1 Northern Manitoba 2 Northern Manitoba j4 new parcels 1 1 parcels 1 1 prices Are approximately the value of wheat at the rate of sex rate of Exchange is not furnished by Cable As received reads Market 1 Northern Bard 10s 2 red 10s 4d 1 nor Blue 11s 5d 1 Northern 10s Lod 2 Northern Mani 10s 1 Northern 43s by 1 nor Thern 50s London 1 july 50s 1 Northern 30s 6 93 need 87 1 rejected seeds 107 2 rejected seeds 105 3 rejected seeds 100 1 Tough 109m 2 Tough 10714 3 Tough 104 1 smutty 105 2 smutty 10s 3 smutty 9714 Oats 2 44 3 43 14 1 feed 43 i 1 feed 43 2 feed 41 Barley 4 rejected feed flax 1 2 73 63 b31i 1s214 153 i 91 85 105 103 98 108 106 103 103 101 44 43 43 43 41 72 63 159 156 l produce Day by Dat 10 10 per Carlota per fresh made to factory Price Dairy and eur alight Rev Lpuis per 23 Barley also was in Good de care july 6 wheat my 326 30 45 12 i Barley others 2 1239 59 580 575 56 cat Gary 26 Moose Winnipeg Cash Winnipeg deliveries these prices always the quotations on Cash grains at the time of closing the option 1 Northern 113 112 2 Northern 111 110 3 Northern 107v4 4 102 101 Vij 5 9bu 95 Lauren tide Macdonald Montreal Power Nova Scotia steel Ogilvie flour Mills Quebec railway Shawinigan Stock of Canada Toronto Winnipeg 131 32 1s5 14 235 132 57 us Iso i american the dash after a figure indicates a split Price that a Purchase of would mean at and at when Price is split at close Clearing is always at lower figure for t july 104 sept i064 105 105 109 108 109a 108 july 108ii sept 109 109 s 108 108 110 110 109 109 july sept report by Muo Uhll july Cement at 67 95 at so 66455 at 100 at 30 at 67 130 at Detroit at 118 60 at nonunion at 55li 100 at 85 at 55 175 at 55 25 at 100 at 120 at 54 50 at Montreal at 234 25 at at Dominion at Canada at 420 at 57 50 at 50 at Cedar at 77 Quebec at 50 at at 32 it at 130 100 at at 51 10 at at 100 at at steamships at 84 20 at 84 i 5 at brazilian at 60 25 at Cement at Detroit at at 100 at Montreal at at at Canada at 10 at Quebec at at steamships at 55 at at 10 50 july Advance in Russell motor issues was the Bright spot in a rather Dull and heavy local Market this Russell issues continued on Page 110 109 110a 109 Duluth july 182 182 Sopt 184b 185 184 183 185 183 183 Chicago Corn and oat 77 77 74 74 74 62 july sept 74 july 38 sept 40 39 39a 38 38a 38 40 it 40 40a ch1cago Laud and july sept lard july sept rib july sept primary shipments receipts shipments receipts shipments Clea wheat Corn wheat and flour Lewis 44 000 Cash markets was a Good de Mand for Cash wheat mostly by the exporting Side to cover old offerings were fairly but premiums were other excellent demand for wheat was also reflected in offerings were fairly and premiums were As much As Etc on trial incorporated tn9 fora Pam capital paid directors sir Herbert president Vic president sir Aldred Fayette Brown Caverhill Crosbie Curry Pease Dandurand James Redmond Jones Ross Macpherson Ross Neill Haig Sims Hugh Paton Stuart Strathy manager Winnipeg Royal Bank 464 main Hammond Nanton Stock financial private connections with new York and stocks and Bonds bought and sold on commission for Cash on new York and London England main Street and main Over the wires reports from Minneapolis say the Dakota crop is from two to three weeks and is much damaged by russells were through Baird and Botterell reported a Good demand at Seaboard in the the sales till noon were the weather report gave the South generally fair with Clouds in some states and forecasts of Oklahoma is threshing 11 bushels to the the prospects Are for a crop or 7 to 10 million More than was the government report is expected to show an increase in the average for live years is Export sales at Seaboard were estimated at bushels of Mani Toba and of of wires that Michi Gan crop is threshing bushels to the against 20 last primary receipts at Winnipeg were cars with 900 in Minneapolis and Duluth passed temperatures Over the West were a Shade but still with the weather mostly heavy Rains fell in with the High temperatures around 8fi the forecast for saturday is mostly fair and livestock news Good Cable steady hogs settled Choice Batcher cattle hogs sen from to and lambs Union Stock Only Tho cattle Market Friday was still slow on medium and but what Good cattle were la the offerings Wera steady at steady but prices on the inferior kind no Butts were a Little but oxen sold Irish As the Quality was extra heavy oxen with lots of fat sold from to Stock Ere held this was due to few outside buyers Comins on the veal calves also held and lambs were slow with a weak Illich and springers steady to the Hoe Market Friday opened bidding but no hogs were sold up till when prices advanced and Boss sold from to both the Eastern Aad local buyers were on the representative 940 Solo s 25 940 850 985 Grain brokers letter Baird july wheat showed today on bet Ter cables than the Trade looked better demand for Cash wheat at premiums about unchanged from yesterday and indications of further port Busi Ness worked at the both can Adian and american advices from the Seaboard also to the effect that freight markets reflecting a broader de Mand for this indicating a broader foreign enquiry both for old and new crop particular news from any weather generally receipts Liberal modern Miller advises there Are also indications of quite a Little business doing in new crop Winters at pretty Good whereas offer Ings from first hands new crop Winters generally very further rumours of further Allied successes encouraged Little Selling pres it seems difficult to take a positive View on the Market and in View of a limited foreign demand with Liberal supplies in All dont see How prices Are Likely to work very much higher on other this is the character of the news that has been reaching the Trade for name Liberal moderate foreign favourable weather olo ments for new crops yet wheat seems to hold stubbornly around present indicating a firm undertone and Oil any sign of improved we could be quickly reflected in but would Only encourage conservative buy ing operations on All Good fractionally somewhat better tone to the Market both Cash and Lake tonnage Well booked up for also considerable business being All rail the daily demand is we to insure steady values for undertone to the mar Ket while Trade very deliveries continue and Are finding Good owner modern 980 950 s20 s28 960 97b 880 870 970 840 9s3 775 980 875 700 842 s75 060 750 if 958 s20 960 670 570 Soo 980 Soo Soo 700 900 983 300 Soo 557 675 730 920 i stockers Alnoid 495 570 830 454 s34 190 320 200 9 00 i 520 450 760 460 398 238 594 175 243 340 i july 5c lower i to to i to to i to to steady i live beef to Western i to Stockert and j to cows and heir to to j firm i to to i to i i i Lewis july Winter wheat is progressing under weather con and the Quality of the crop will be Good and far Superior to last threshing is under Way in Southern Illinois and and in Kentucky and Tennes South july j steady to lower 10 to to steady i to cows and i to to i stockers and to i steady i 55 to Wethers to Northern Crown Bank head office Winnipeg continued on Page capital authorized capital paid up Reserve notice employers of labor All physically flt single men Between ases of 1s and 30 Are of More value to their and country than they Are to please advise if you have any men who should be in 76th overseas Battery Canadian Field fort Osborne Barracks to Tavish Camp sir Douglas John general manager Robert of branches Mccarthy general banking business transacted manager Winnipeg Rice Lake Gold Fields i have three Mineral claims for Sale write free press Box Grain elevators and lumber Yards we Are prepared to pay Cash for elevators Ami lumber Yards together or separate in and Send particulars lowest Cash Price to the 1oht office Box i Grai the Chance of a become a mine owner in that new Al Dorado now dont wait until next the Colden Opportunity lays right at your very two reliable with heavy holdings in the Rice Lake Gold mining arc open to do assessment stake guide Back again about the 1 t references write Billett 6 Bonds and stocks for investment merchants Bank the Spectator a la urary and weakly one la Claraa postage to any part at us 11 in ;