Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 19, 1916, Winnipeg, Manitoba 12 Manitoba free commercial wheat lower on lighter Hding Trade very Light but Winnipeg stubborn till near the fluctuations in Winnipeg Market Prev financial Money for Liverpool quotations lira in a Lori Down for Down Vinhar and vac Jonir for wot lower Fot jul ind flown for flax for i Fin i it Derek Down for by july 1 hard Winter 2 red Winter 1 Northern Manitoba 2 Northern Manitoba parcels 1 Lussi 1 parcels 1 1 prices Are approximately the value of wheat at the rate of sex rate of Exchange is not be reads Market no 1 Liard livestock news prices for cattle and hogs steady 1 1 for Uil i v Down or a Rush of a Flanig Ord is the last minute took Vith after i Mady one of Cdr thick is Mark i of tlt1 on monday stir wont Down in it today gun try ally inclined to the bar but d the a stubbornly the Trade in lil would Tali Ilion Laid without to Black pus Lani in Tiisik and Burn a verily petted the Market Billy mostly Affer aril by these was in of the Luv cred near the up Inu Point of Day the Sling git Ilire if Ted to be 1h com listion Zitti the floor the it were on Side and work ing while the commission houses to tight on country resting Winnipeg was at Tho but Rindfl i on tie Ameri can was very Little Good with doing a but no new the crowd tried to do a Realini lift Fen Minneapolis and but the freaks wit against thre no on Side either coun try or sip Lariff yet Pep kept i n c while the american markets were Pruc Mically tit Trad was n i suspense and would ii thai nor the Short Side till further de from the rusted districts Are Oats in spite of Mie stubbornness of a atty poor demand in Tho rash Market Wiiri vre Sturc from some of tie big houses car rid both months flax was very but the far months were in Inion fid comparative Cash Winnipeg 1 2 Leanoir is always at lower fissure for no 115 116 1 16 Nurt Luru Northern Northern ill 15 1154 Mon 111j Hub 115j 113 117 1ulfth set 1s7 193 and oat i ii 75a 75ab 65a 65a 41 41 41h 41h 199 75i l 65e 41u 43 lard july 41 434 lard and Riks 13 07 american coarse Winnipeg wheat Oats flax Bakirci july prices 3 to to to to to to Cash markets Winnipeg Cash these prices Are always the quota turns on Rush a ruins ii Tho time of closing he option Complete to july pevious wheat 1 4 r Ait in feed 1 ejected 2 if Jecter s 1 s log 1 lots 1 ones the Cash Trade was very brokers report absolutely no demand from the Export Side and with the fairly heavy premiums had to break about us All Oats a Vire the the deliveries in Oats pretty almost As heavy As Barley also was off a Little with flax president Wilson this week per formed an official act which will probably influence both the United states and the Dominion of Canada As deeply As any that he will be called on to do during his term the reference Here is to signing of the Bill to provide cheap Money for the signature being appended to the document in washing ton in the presence of a considerable number of citizens specially interested in the the new which goes into i almost immediate provides for the appointment of a farm loan Board of five not More than two mondays quotations Rule whom May to one i they a to serve for eight j years and receive a these members of the farm loan boned will Divide the United states into twelve districts and arrange for the opening of twelve known As land each of these land Banks will have a capital of in if the Public does not promptly sub scribe this it will be taken by the United the land Banks will sell so providing the Money for individual Farmer wanting j Money can apply directly to one of i these land if the j Ordinary method Wil to form to i cais in farming which will be constituted by ten or More Bor j each Borrower getting a loan will be required to take 5 per of it in Stock in the on this he will be paid such dividends As is an Issue far too important to be overlooked by anyone interested in the future development of this trading Light on new Yorki Market outside interest is time and Call Loans at a lower Days again new july move ments today were governed almost entirely by the caprices of professional Public or outside in Terest being altogether trading was Light throughout even the first hours turnover being unusually speculative sentiment was rather of steel corporation steel corporation 51 i textile 80 Iso Montreal Power Nova Scotia steel 125 Ogilvie flour Mills 13374 Quebec railway 32 smelters 3s steel of Canada 54 Toronto railway 90 Winnipeg 5314 182 233 4 33 3svt 91 Iso reported by Mcdougall Montreal july Cement at 125 at 25 at 25 at 25 at 25 at 65 210 at 65 125 at so at 150 at Cement at Detroit at Dominion at 2n at 25 at at 132 20 at at Ames at so at at 181 a 75 at Dominion at at 50 at 150 at 54i 100 at car at Quebec at 32 25 at 25 at at 70 at at Toronto at 50 at 2 at 95 40 at 94i 60 at 94 35 at 93 5 at 931i 2s 92 25 at 91 i 25 at 75 at 90 150 at 83 75 at 90 50 at 91 110 at Iso at 91 25 t 50 at 50 at Union july 13 a erupts of live Light Lor tuesdays hut prices held steady on All grades of the Quality of the offerings unit but Well finished Butcher Cuttle Aifa in fairly Good Decianu Mufti and hellers sold fairly brought j7 and oxen Hulla Ivere steady at Little Strons were i to but tills due to Quality in the Orlenn Illich cuts and springers still soiling at Strong the lius liar kit was u Sutton Yeti use to buyers i on the the bulk it the Luk Tii try them at per Salto Little Bette Alve Little the course of prices i their Irr Sulur Advance and declines 50 at 91 25 i indicating Faith in investment issues 9 and further aloofness towards chose 212 25 at i specialities which recently have j brazilian at 58 25 at shown marked 25 at 58 25 at a7s i Isa 10b5 7cu 660 945 1045 1030 ago 900 1040 Luso 1270 1080 953 s70 1050 s30 1140 75 s50 6 15 5 1 1 1 1 1030 Louo brio 750 look 907 Loo b70 900 Jolt u40 o40 Lotio 600 May be the Farmer will he responsible in connection with the various Loans of his in an in i 1 i 1160 1000 j50 840 970 1100 1050 900 Sjo limited or in a limited a the Constitution of the so j c i Cordiner i i 1330 1530 1140 1430 1780 2100 1740 1740 1770 1710 oxen 1 1210 840 600 560 1510 1530 1soo 1540 1635 1530 1340 crop reports thales Lewis i int Lis wires from i saturday night followed by heat m 856 770 590 870 640 677 1s6 235 330 206 2s4 Sis 362 325 end 4 1 5 90 9 5 1 7 2 5 is 68 48 395 765 Aio 600 366 320 180 206 175 320 under this new there will be provided a Safe form of invest ment for the people of the United As has been the new England school teacher or nurse will be Able to lend Money to the Dakota with the Assurance that the investment is As Safe As the the Farmer will pay 1 per More than the Money costs the govern and the profit Over and above this will go to the the final passage of this measure into Law cannot be disregarded in the Dominion of sir Robert Borden and ail other leaders in this on either Side of must realize that a situation is Cre ated that cannot be dear Money is not an indirect in con i More important than any develop ment in the Market itself was the offering of both time and Call Loans at lower rates than any Day since j last weeks Call Money i in free Supply at 2 per and the longer maturities were shaded by 4 to 1 per some and a few High priced specialities were again susceptible to moderate general motors made an initial dip of 29 Points to but recovered the greater part of its loss before the Willys Overland was the Market but j at the expense of additional making an extreme decline of j 2 Points to 57 from which recovered in Large changes in other parts of the list represented numerous irregular gains and tobacco shares continued to with the exception i of american which Over i International Nickel was uncommonly Active and heavy at i and Tennessee Copper noted More i Reading was the Only conspicuous railway Stock to Manifest More than i a slight degree of second Ary issues of that particularly i Denver and Rio Grande preferred and Missouri were better in connection with the headway now being made in the reorganization of these Cotton carriers were unaffected by the floods in the 1 although Louisville and Nashville a total sales of stocks Exchange markets were at a stand with no material alteration in or Mark the Only feature of the irregular Bond Market was a decline of six Points in ten Nessee Copper total Par new Yoke stocks new july Hammond 190 own and 5 370 5 406 Section with which the Wool can be 205 Over the eyes of a Buta direct so obvious and evident that it will profoundly affect the whole question of the settlement of vacant this sheep steady to to rust rust spores Stock still Strong and maturing to some in doubt fears that j Kite wheat will South july steady to Loc higher Range to to cattle killers weak to i Loc to sows and to taken to to stockers and i Al feeders Loc to blackest l ii 1 feed 1 feed i feed Barley s 4 rejected feed flax 1 c 44 4i 71 44 44i 41 4s 71 1144 170 Baird Botterell have the following reports on the Dakota from All Tarl Jle lds showing Black Fields lightly rust some de july dealers the City report another Dull Day Only Nineteen hogs were received Over for and were the Stock As on for hogs and for Velu Ning rapidly and unless weather turns very favourable considerable Dani ask is soil soaking wet hot and Windy Ilis de a member of Grain cars inspected jul s7 on if cd flax 24 m this who xxv is a Here farm at spent yesterday examining this farm and is now on the floor says he doubts j if he will Ever Cut says he fears i the Trade have Little realization of the seriousness of the crop hot weather heats Grain total in 33 Medicine hoi Ause of the sex trentely hot weather some of the touch Grain in some of the terminals is not keeping property and a acadian 10 Winnipeg i Haiti week ending wheat kills total i week veal it 4 to Arthur 4m 523 Tript t f Mitland 1 i a Tolone 141 Kingston Hill not 1 Duluth 62000 Buffalo 315 percentage of cars aspect touch at Are arriving at last weeks Iho terminals in a heated to prot Rrt shippers it be necessary to dry Toursh already in Torr or to to fuse to receive Tough Grain it null Atler a Fri Tomt Giitl Pafco of b would Tenonn i porn jiul 000 at ppm it ame Tariff on file with Board of Grain produce Day by Day 10 per 10 bus per per Creamery butter fresh made Price to retailers factory Price Dairy jobbers and per straight no 1 per 21 Montreal produce the present time finest Creamery is quoted lower than it was recently be ing now 29h to while Fine is us under Lukese acid undergrads yet another finest Dairy is 21 to and 22 to 23e per the Sale of Quebec agricultural cooperative 1 Quebec sold at 14 916c 2 White at 3 at 14vic and 2 coloured at 14 i is steady at per barrel for Manitoba first patents j for seconds and for Strong per barrel in Ontario Choice patents Are to 90 per being to per in and the latter to per straight rollers Are to per barrel and to per is steady at july 000 at Loc to to s10 to s10 to to is to cattle steady native beef to Western to stockers and to cows and to to steady Weth to to july Market at the Union Stock Yards today was a repetition of that of the general tendency of the Stock was i easy and sales prices held i about steady with few i Butcher steers of a very Choice Quality moved up but the to 121 per ton in shorts being j medium classes sold slowly through to to pure Grain i out the Butcher Cuttle held mixed Molliei fairly but the Sale was baled Market is slightly i Butcher cows were one of the lowest firmer at to for 1 Hay and being Doc a Hundred to for extra Good the Sale was slow Anil 2 is to 3 being to and Clover per i reported by Anelo French 5s i Alli shalmers i Alli Schal pad i them 1 can car Cotton pad pad Amer steel f sugar t Woolen Anaconda Atchison Atlantic c Baldwin bait o Beth steel i i Petroleum i Cal bad i i leather i o 1 w i p Chino Copper f i Gas Southern Crucible steel Del Hudson distillers Erie Erie 1st Erie 2nd elec Gen motors Goodrich pad Ore pad Copper i inter met Copper i so steel Lehigh Val Maxwell motors Maxwel 1st i Maxwell 2nd 95i 55 46 79a 99 71 89 54 50 60 46 109 Issei 43 79 h 88 n 53 a 54 60 45 109 129 i 89 47 42 134 89 h 97 20 47h 134 67 89 61 i 96 46 42 135 65 64 41 it 35 35 invt 490 34 36ii 104 i 45 it 25 68 784 13 73 i 490 73 118 ii 34 68 i 89 54 9 50 i 18 42 61 92 i 129 43 104 110 67 89 435 84 i 44 178 61 i 96 46 i 42 i 134 31 66 150 35 53 i 44 164 i 485 common 64 63 ii 63 63 63 Detroit Dominion Iron 5 52 v6 52 i 52 Montreal Power Shawinigan Power Canada steel Bell Telephone Canada car s2v4 Nova Scotia Quebec rat Elway Toronto railway 92 90vi 7 55 212 extends the ban Britain will not permit Trade with certain individuals in the july British government today will publish a list of from 70 to 80 business firms and individuals domiciled in the United states which residents of the United kingdom Are forbidden to this will be the first time that any american firms have been plus Eden the statutory which is better known As the trading with the enemy Black All other countries have been represented on the list for some Vort Hington controller of the foreign Trade department of the foreign today gave the associated press the following explanation of the latest Extension of the trading with the enemy act it Lias been the policy of the Brit ish government in the past to follow the theory that in forbidding its subjects to Trade with an enemies domiciled in Friendly countries did not come under the France and various other countries hold the Doc Trine that their nationals cannot Trade with an no matter where his moderate condition of credit make it possible for an enemy outside belligerent territory to Trade with his therefore a considerable body of opinion in this coun try urged the government to abandon its traditional and the foreign while not going to this decided simply to prohibit persons domiciled in the United kingdom from trading with a limited number of firms or companies of enemy nationality or Asso under the same penalties As though they were trading with an Canadas credit i 55 97v 68 i 78 133 74 i 55 465 71 118 i 36 104ft 47 47 i 45 24 Viz 60 78 132 73ft 84 54 125 97ft 68 78 132ft 72 54 96 Butcher bulls were about stockers and feeders were in no de ers and springers held 60 60 Market is unchanged at j at firm Light sheep continued to hold the i Carruthers at Small stuff but heavies were july James in Verl Choice Veals freely at steady common medium calves were in slow de Superior shipbuilding and i lambs in fair demand at firm inspected the Steamer now receipts today were 4 3i7 being rebuilt at Superior Yards for us 233 hogs and 131 i his the Moreland was wrecked in 1912 at sawtooth Kew Enaw and her the Only part left was brought of the Canadian sold in has Sumet to or steamships j and m today As the guest of hogs in very Smail president of the i but prices held fairly Spring 7vi 7 63 63 i 62 i 63 103i 103vi 103vi 26 12814 128 i 111 1uv4 34 57 101 26 101 43 43 97 43 i 108 25 15 44 i 44 44 97 43 it quotations Here this Spring to be fitted on to a new Forward making the new Steamer Over 600 feet in two Montreal horse More steel steamers will be the occasional de Here this which Means i unchanged As steady work throughout the off navigation season for a Large Crew of the steamers will be All steel and of modern construction and july is very Little interest in the horse Market the present supplies exceeding but Are quite sufficient to meet they will be of Welland canal and win be used in Ocean bulk freight they Are Beins Northern Crown Bank head office capital authorized capital paid up Reserve directors sir h Robinson j e sir Douglas general manager Robert Campbell of Mccarthy special care Given to savings savings Bank department All a general banking business manager Winnipeg built for James of Bav tasked the a 830 Andrew up follows dress kill hogs and hogs Are meeting with a prices Are Tlisov Vituj very Little although they fractionally lower than a week Lifinus is to per for Abattoir killed de 950 Victory vol Manci for smoked and cured meats is noon White Good and the Price of Bacon has 2 Maricopa Vance about 1 c per Pound All the 3 see urn s so this being due to the larger Coni Northern 4 b f Jones Atikokan sumption during the prevailing hot sped i As Well As to Light breakfast 8 Bacon is quoted at 2fe per Pound i Thompson pm Windsor selected at 26 to and j Rire City Man Renesse we visor Boneless at 2sc per 1 2 these being Neaily record i 3 North prices were follows heavy draft weighing to to each Light draught weighing to j150 to Small each Fine Saddle and Carriage horses to Montreal livestock review july weather has now become the hottest of the and As a consumption of fresh meat has fallen off in a marked offerings continue fairly and in fact Are said to be More Liberal than in consequence of and the falling off in the tendency of prices was by no Means although Little actual change took the Best steers offering sold at to 9ic per while medium Stock brought so to and the commoner grades sold Down to butchers cows ranged All the Way from to and bulls from to 8vic hams Are steady at 3 to 24c per Pound i Liv per demand for sheep and lambs for 21 to 22c for medium and 13 j 4 5 was fairly and offerings were to por for lard is unchanged Hill moderately with the result that prices were quite sales of sheep took place at 7 to per and of lambs at 12u to 13e per calves sold All the Way from 5c to Loc per according to there was moderate demand for hogs and sales of selects were made at 11 to 12c per while rough Stock sold at 11 to 11 c per weighed off t to per Pound for and 13 to for has now turned j wards american new crop potatoes j Light merchandise nor i petrol i 4vi i red i Pacific National Lead y Central Evv Haven West 128v4 129 Pac t Penn 57 Peoples Gai 101 Viz Pittsburg Coal 1 Pittsburg pad pressed steel i apr i rav 21 21 i heading 97 h 98 i 1 i s 43vi 44 i Ren red 108 25vi 25vi 25 25 Seaboard 16 15 i j Seaboard pad 33vi Slom 40 40 39 i i Southern Pac 974 by 24 i pad 68y4 Studebaker 125 126vi i j july from Toronto which broke violently i to 89 and recovered Only two Points of an extreme decline of local stocks presented a steady to form front general conditions in i the Market showed Little change from i those of the relaxation of the Selling pressure that intermittently declared itself last week has not been followed by any keen buy leaving aside Toronto j Price movements have been so narrow j As to suggest a condition approximate in that respect the Market duplicated new Yorks per fairly and potentialities of the next movement rest seemingly with new York Initia the break Toronto rails was associated with bearish views of the dividend position with of speculative weakened by the recent accelerating the do inward the quotation was at an decline of and the Price quickly to there was better tone in the late at Sale going out at total for the Day 13s mines Bonds in unlisted securities 155 sir George Paish says this country will get plenty of Money in London staff by mail the visit of sir Frederick general manager of the Bank of who will arrange a further loan from the Canadian Banks to the Treasury of is being looked Forward to in financial and efforts will be made to have him address one of the leading societies on Canadian the strength of has so surprised even leading financiers the in alluding to the strength of Canada in this says the Economy of the Canadian peo ple coupled with their increased pro has not Only brought about a wonderful change in the foreign Trade but also in the bunk ing when War broke out Bankers were heavily but the Canadian out of their greatly increased income and their relatively still greater have redeemed a substantial amount Loar All tha actions of the Canadian people since War began in becoming More econ and at the same time largely increasing their and thus being Able to meet their have enhanced their High reputation among investors in this and in the Days to come will greatly As Sist them to obtain the additional supplies of capital they will need for the development of the vast natural resources of their Quality of the Cream Ery being offered during Midsummer is never the choicest of the year Aad and july to a or ruler posted at South Paul to Day emergency regulations applying to livestock and livestock products from the it Nisei states into which have been in effect since the outbreak of the Hoof and Mouth disease in this country have been practically no livestock the from this state into Montreal Mcdougall july is brazilian 58i Cement 63 steamships car foundry Jet 115 Detroit United i finish railway Deal agreement regarding Quebec and Saguenay is news Mcdougall july be tween Quebec railway and govern ment now up and matter will be closed tomorrow the agreement is a complicated document dealing with a number of such As Power Etc it contains a refer ence to the exchequer court on the matter of american Telephone and Telegraph expected to show gain of this increase in Detroit United Gross in june was Over 4 per Butte and Superior earnings per share for past six Riordon pulp to go on 4 per regular policy to be inaugurated this earnings of the company after All charges and appropriations were equal to three per Centon common Stock in proved one to steamships com Mon to and which sold Early in the Day at to 14v4 at the a gain of will conceal earnings Industrial companies May As sets gained in War Bankers get Ilc Dougall new july need not expect full earnings to be issued by India vials during the current this positive declaration is made by conservative who say that a great Deal of extraordinary Revenue received from War sup plies will be put Back in the property or concealed in Way from Gen eral information Chan Nels of Good repute Are referring to evidence of excellent of american smelting common brokers in touch Gugenheim interests Are reported to have scaled Down buying orders in this a great Deal of talk is now heard in offices of the Street to the effect that certain differences which have been existing Between important banking interests have been recon with a result that they no longer Are regarded As a menace to the Market Toronto reported by a Mcdougall july the absence of anything More it was not surprising to find the Street discussing the question of the permanency of the s per cent dividend on the Toronto As the result of the recent weakness in the the present Price is altogether out of Harmony with the Sale of and it was argued discounted a six per the management of the company for a Long time past has not taken the pub Lic into its but the impression seems to prevail with the improved there is no special reason to anticipate the reduction in the new financing recently spoken of naturally becomes impossible under present conditions and a certain amount of accumulation is going on on the theory that this principal will fail and the Price will be run up Bridge company does reported by Mcdougall july Lawrence Bridge the subsidiary com Pany of the Dominion Bridge formed for the construction of the new Quebec is running nearly one year ahead of contract time on the which will be concluded this to thus running ahead of con the company is Able to save a Large amount of Money in keeping Down overhead it also Means that they will be Able to redeem the Deposit made to the government on the and thus secure a years interest upon Dominion Bridges share of the pro it is will Between and As against previous estimates of slightly Over the working company will be dissolved upon conclusion of the which has already extended Over the better part of four Shawinigan new off feb a Hafk belgians score great enemy commander among prisoners july troops operating in Germas East have reached the Shore of Lake Victoria and in a engagement fought on july Ujj jul dispersed the germans opposing Apt taking the German mandant prisoner Ana inflicting number of losses on the according to an official statement sued by the belgian War office to the review covers the operations of general Tombers army Dulinea period beginning june briefly the statement says operations were As follows after defeating the enemy of june 25 one Days March East of ill tors Bris Rada continued to Advance eastward with the object of occupying the Western Shore of Lake Victoria cutting the Retreat southward of last of the enemy forces still Holdt ing out in the Region Between tha upper Kagera River and Lake the belgian troops bore selves admirably major Roung twice wounded at the head of buyers some weeks ago on the belief that the Stock would go on 6 per per annul dividend Ware tha buyers again yesterday on the Advance it was added that these buyers confident that three per cent will yet be declared Tor the past half or rather for the six months ending july it was not stated when the declaration was but it Ivan added that no Surprise would be caused if the declaration took place before the end this month making the 3 cent payable around the raid Ali of Imperial reported by my Popall july circles which were bullish on the last Rise in the Rumor is heard that those who were july More interest was shown in Canadian stocks today on the local and there was greater although Price move ments were Cement com Mon and Toronto railway furnished the outstanding features of the Trad the former advancing and the latter breaking through to a new Low level for Many in the rest of the gains and losses were about equally for tha most War issues scored while losses were sustained by a number of peace Cement opened at and advanced on Active buying in the morn ing to in the afternoon the Stock reacted to Toronto railway was sold opening at 94 self ing Down during the morning to so Ami rallying slightly at the close to 90h this represented an extreme loss for the Day of Points and net loss of 5 among the War Scotia gained Point to and steel of Canada to smelters in reported by Mcdougall july returns bearing on Shawinigan new Issue of common subscription rights to which expired on Are not yet it was stated at j the company office it was that it had been a com plete Success As was shown by the strength of the French buy f reported by Mcdougall new july Tobania compan declared interim dividend of free of tax payable big Marine reported by spousal a new july mtr Cantua Marine earnings in May amount eel to a new the figures compare with for previous High s thus die Tecl an inc Viise for May Over april exceeding these amounts in elude War taxes to be to great net after allowing for taxes and estimated to average month would be for my against for n Otter words net after tax for May were equal to nearly the entire net earnings for any preceding month before deducting estimates of june made by mar Ine interests Are for further the shipbuilding i reported by Mcdo Surall july French gov rement is understood to be quietly enormous quantities of Railroad ies for use in rebuilding railroads in this is a step towards the reconstruction of wars the tie purchases thus far made Are said to total at a Price from 35 o 55 cents Cement May july is Vival of shipbuilding a american Industry la emphasized in u Bureau of navigation statement today showing that the country shipyards had under construction or contract on july 335 Gatesl merchant vessels of Gross High Ocean freights proved tha stimulus that quadrupled construction within a great although hampered or the Drain of War and a his naval construction still leads the world in building merchant her ship Yards have under actual Ronat auction now 425 steel merchant ships of the entire world in 1915 launched 743 merchant ships of of these 84 of were launched in the United Sterling new july for Bank of Montreal established 1817 capital paid of rest undivided total 1915 savings department at All at Winnipeg Branch boxes for Safe keeping of valuable papers and from per according to size Winnipeg Branch Opportunity according to a Well known comes but once while another equally meritorious poem states it is continually knocking at ones both Are relatively True of life to insure is yours but owing to Tho uncertainty nay Yovor Homo if you Are Batall Toly Portain that you live to a Ripe old in the full enjoyment of your the Opportunity will no doubt come often but Art Yon our business is to carry the risk on your write stating your age nearest for full particulars As to our guaranteed the manufacturers life Bravura Canada in 1915 the company paid to policyholders and Benefi 51 our assets amounting to Are considered to be of the very highest Cecil provincial ;