Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 20, 1916, Winnipeg, Manitoba 12 Manitoba free july commercial fluctuations in Winnipeg Market wheat lower in All markets bullish reports on bust fail to arouse i july oct 1 july i i july 171 172s 441 414 115 11054 4314 1125s 11118 64 financial 113 favor Canadian 171i 170 171 173 173 175 Grain july what closed with july Down Orother Down lie and Down were a acc Down for july and Down for flux was Verv weak with july 3vsc Tob or Down and bar Svic him to what was lower for july and and is Down wheat was lie up for ij1 Orr for september and pm the absolutely Fea Murhp fix fat for the extremely Nar Winnipeg wheat Oats livestock stews i Worth of mostly n to taif i i us i i la Olla u i Lynul through new y comparative Cash 1 2 j anyone who has lived in Halifax j Montreal or Vancouver realizes to some extent How greatly these cities and the Canadian transportation companies would Benefit if Canadian importers asked in All cases that their purchases be routed through Canadian there Are wholesale houses in the City which carry a million dollars i Worth of mostly imported from c comin into York Anc the government of provided All kinds of Canada has facilities at make a gain of 10 cents cattle receipts but hogs drop i of Lutua t either there was no usual the Penitis rear kit today was of a v mostly 1 halt of the bion Ron to up Utt Tiff lower on but if Iii raft round Kvin the pit r for til Luct nations Noush margin or the crowd Vrr did a Iohp Alt Xirui i sput k j at 88n s at a at urion is at whole t 1 14 is for of to men were i 111 in july hard Najih 2 july Epi mock july o for u Reno Days Market were More inner i than the two preceding were steady and the mar it Ivun All Butch i and were steady at tues i d to cows wry Mai Inui ins was a Little better in i of Buin Iii but oxen the Lew offered hell a my feeders work fur Ihfe inferior but about Vury ii tit chanic on inc Wen for h class m ninth with rut crowd r i having Sirju Erht Tai Jofs of w in Iii ret tip do to i o or Quality a crash around t a it tits Itron Sef runs Are getting Light Market buyers out at of 1t cents in a ferns to be the j july io4 Only new Export from very k 4 with of and on expert the co Iii july Weohr and wind has uni too or n o these reports not very ii tit j representative 3n and it would seem i the has Fin do n 1 i coarse fit a Imp drug from tues the lately Lias to the seem to in Oua i hut therein no Dilaive i title and of the Holder Are j primary j i j3j out july and the in tar Wajih Market and the Iasi Lone i win at Ciao helped the the ruin has seen a lot of profit lately win the Trade disappointed Ai tilt Tup in i he recent the it Cline was natural out it is gon All months were Trade in july rather it lakes continue to be very is for Lake Superior to Buffalo in shippers look to Cash markets j Montreal and Van Couver and is All the time spending Money on further these Are but it does not necessarily follow that they will be used to the largest possible exit might appear that the railway companies would intervene strongly in a matter of this these it May be de Are doing their utmost to get the there strict limitations to what a railway company can do in the their efforts must necessarily for the most part be beneath the the credit men at their recent meeting in Vancouver went into this Issue As result of inquiries made both in the West and in the East by Henry managing director of the credit mens a Reso Lution was passed suggesting that the wholesale houses of the Domin Ion should take action when possible to give the preference to the Cana Dian in their discussion of the Issue the credit men stated that goods could be brought in via Canadian ports without any additional and that the facilities at the ports both East and West were second to none in the Beins desirous to build up the Trade of they passed unanimously Resolution to which reference has been i things being Canadian 0 general gains Ai Newyork favourable reports As to new War contracts sends the prices new july stocks Dis played pronounced recuperative Power specialities of almost ajl particularly those under recent severe scoring aver age gains of 2 to 3 with greater advances in the More Vola tile the Rise was brought about by a combination of favourable which included Well olefin i reports of forthcoming War the apparent Success of tie French in which i rulings on the when issued bails were made in the open Market and the weekly re views of steel Trade authorities which referred to increasing tonnage of sex exercised a favourable senti mental local Money conditions reflected further both As to Call and time advances in the Stock list were made largely at the expense of an Over confident Bear which had extended its operations to the Point where any reversal might prove indications of urgent covering of Short contracts were frequent during the munitions equip ments like Bethlehem and Crucible the railway steel american steel pressed car and the motors and their accessories contributed their former prominence with advances of 1 to Points for preferred and United fruit and for Gulf and West indies common with three for the preferred United states Industrial alcohol reestablished it self in speculative favor by an abrupt rebound of 7 Points to 112vi on rumours of another profitable contract with the French United states steel led the although making Only an extreme gain of the consensus of opinion is that no Oxtra dividend will be declared at nex weeks quart Erly rails were backward most of the but Union Canadian Pacific and Reading moved Forward at the Tennessee sex were in fair demand and tobaccos augmented recent substantial total sales amounted to shoes cities the entire loan totals e met attractive loan that has been Lymoan treasurer of the Wells Dickey investment Bankers its Security is of the the French government agreeing to maintain col lateral against Theloan of 120 per Cen at All if the Market value on an of the paper offered As Security drops France must Supply additional col inquiries res Ardins the loan began to arrive from outside Points As soon As the books were opened the Sale will end at 10 monday and earlier if the subscriptions warrant the Bonds will yield 5ri per they Are Selling at d8 and accrued How theurel my m German americans discuss new order of the government of great new july very few exceptions allot the american Busi Ness firms and inc Vidala placed by the British government on the Black list under the trading with the enemy have their quarters in new work most of these Mer chants expressed no Surprise today Over the action of great an exporter and said this blacklist has in the hands of Bankers All Over the world at least a year to my personal 1 have known Tor More than a year that for have been placed on the i and have been for Twenty an american not Only has my which was mainly with Japan and far Eastern coun been broken off completely by seizure of but i have been unable to by any other others have been Able to get Bills of Exchange goods were Alfred a trader with chinese and japanese made a similar my goods have been seized at Hong Kong and elsewhere he until i stopped doing my mail to my agents in Tien Tsin and other cities were returned to the reason so far As i can guess is that once almost thirty years ago i was connected with a German Richter said he had been a citizen of the United states Tor Twentyfive John of Zimmerman and prominent German said All the officers of our company today Security markets sew York stocks new july reported by Hammond Wanton Anglo French 5s Allisch Almera pad chem y5i 19 71 68 39 54 95 73 69 39 57 19 68 69a 55h 5614 50a Soa 42a 61 92 93 46 46 a 109 129a 129 129 50 64 46 sugar car f Cotton hide pad linseed pad smelters steel sugar t Woolen Anaconda Atchison pad Atlantic l Baldwin Loco 68 70 i 67 o 89a 39 it steel 445 449 440 440 87 i 10a 18a 93 46 Montreal Jim Dosall am Sholden Beil Telephone brazilian traction steamships 34 Pacific Jyh Detroit United Bridge steel 2s is Ogilvie flour Mills j3 8 31 Quebec railway 13i Lei 104 Shawinigan is Fol smelters 114 13 99 98 111 70 89a petrol did leather 45 179 i 54 97 to p China Copper i Gas Southern Crucible Stel distillers Erie Erie 1st 20 a 4214 66 180 54 62 48 44 179 53 a 61 a 42 a 66 2nd motors Goodrich Ore Western Western Central Copper met Copper Sonu Tiern pad steel 35 490 53a 165 73 53 i 61 96 12s 20 4i 48 134 31 67 150 43 35 s3a 165 smelters steel of Canada Toronto Street 163 485 72 73 reported y Cement commo 25 at Dominic Ami Lai Dominion textile Terille so at 80 at it cd 55 34a 20 at car at let f 10 at pad 104 47 45 25 60 68 45 47 16h 68 35 36 1031 16 25 53v i s3 y 36 Dominion at at i s3 3 at 3325 at k brazilian traction so at 5 Bonds failed to keep Pace with the Are american of course goods should always be through Canadian routed Stock showing some Tennessee Copper convertibles add j de 5 to yesterdays loss of six total Par Broom Halls news on gain Trade 90d Loans to steady Market with quiet Trada with easier american Lull with Billr j Stathe in United i Market with 1 lower and n7n wheat the demand for wheat steady Ilia the telegraphic news service yes 5ri j ter Day conveyed the information that j the representatives of the Liberal Trio i party at a conference in Ottawa had 5 j spent a considerable portion of the Day discussing the question of cheap Money for accurate information regarding the decision arrived at was not Avail july tendencies in the new York which closed up with an improved resulted in a further curtailment of offerings on the Montreal Stock Exchange today and prices moved up Ward under a Light and still cautious the Only Sharp movement of the Day occurred in Dominion which Rose s to 220 in anticipation of a continuance of the three per quarterly Bonus with the regular two per expectations in that respect were Veri in United Kingins again indifferent the1 offer Ings a Light Trade was done my lower indication agric in the contract grades with the lower i grades All it is nearly impossible to sell Tough the too for nobody wants dried wheat very Oats were in fair at premiums unchanged for All the offerings were fairly Liberal with a Large amount of Oats going through Itic Clearing Barley was in Good it seem natural respect were Ven fied by the action of the Board of 3 to suppose following the comi directors after the close of the much of our business has been done with Germany but for years we have had business relations with England and Many of her Colon ies As Well As other countries now included in the War and those which have held Cable Money to we Are considering Means of talc ing the matter up with the state department within a Day or said Oscar of nac Sod and we feel that we have been unfairly discriminated we have information that Many of our cables were interfered Charles Metal said the Only reason he could think of for the presence of his name on the list was that he had been cabling Money to relatives in july William Pacific National Lead Rua x Central new West Pacific t Penn Peoples Gaa Plata burst Coal list Burgr did pressed steel steel apr 60a 61 60 26 129 129 128 111 Llla of afford knife Limestone Grain 57 57 56 cons Reading did Seaboard l Seaboard pad Sloas she Southern Pac Southern by pad Studebaker Cooper Texas Pac Texas Oil twin City Union rubber 43 97 127 k 43 21 43 i 101 26 101 47 45 22 William Ball Ore Stith Paas engfors North i Randise 25 i 25 j goers and Brih i lumber berm ii 44i Joseph Light pm Coal for River 42 97 24a 6814 129 i 40 108 25i 39 41 passed the Sai it july Small noon Ogle Hay t with offers of amr11 and Ier Nanu very pint Broomhall h Aru Nunu wheat la1 weekly review of i Liverpool Market Pleto adoption of the scheme by the 1 United every Public Man in the Dominion would recognize that there was Only one thing now for and feeders 350 Canada to i be the situation must Winnipeg Cash these prices Are always quotations in rash grains at the time of closing the option previous american strength and High i freights have caused firm Haird i Towms from Liverpool Markt Tho 45 pot prices 1 3 4 99 i rejected rejected rejected 3 los 1 juts no s 43 1 feed 42i 1 feed 2 414 3 4 i a rejected need t4h 1 nil l66ii Loo week has Rul Al import arrivals it Incipit have in can Valuer and it if of North american Likely to increase in tin in the Are coming and with it is estimated that Vic by during Ali 44 u 42 71 v i i 4 pileup and hogs 4 Mimo should if quite Mats will be fully j but it must la in mind Russia would he this i sous and heavies 1 As has already been stated in the free it would be Idle to sup pose that an emigration propaganda in favor of the Dominion could be i successfully carried on in the United i states if Farmers Money cheap i there and dear in this Canada will have in the consid j ration of the matter in parliament foe the Bevertt of the Complete invest gallon of the subject made by the j United several million Dol 7 Oil ars was spen n that country in to securing information in and members of Congress have been enraged in the consideration of the Issue for the result of this crop reports Lewis i i is now seen in the Bill which has be John Inglis wires from i conditions in the two j countries Are sufficiently similar Tui Grain Usuf toted at july 18 wheat 539 Oitt 197 Barley 23 1lnx 15 1 p 347 315 10 in coarse Grain Baird july no 3 to to 10 to Ull Luth to to Liverpool quotations reported by quiet 1 haul no l Ivd in 1 Northern Manitoba no l1 nor then parcels no nor 1 nor parcels 1 no i Mil Balik District to both Black rust and heat maturing i wheat too kit and blight in i to 1orecait Maui c count wires from South Dakota ju1 wheat seen today badly some Laidly darn believe state will ini1 portent loss from As greater1 part of crop is late and i weather Tossy and rust will St All the late quite Ian Orille Oene Ial suns int up by Price i current Winter wheat Harvest is j nearly Ami the Resimius turns As reported Are in tie main up to july 1 As Excelia Missouri Southern Illinois and Pacific Nebraska is running of Indica Spring Uii eat under Leaf of Black rust and there is some Little indication of probable trouble from that Oats crop leaving Harvest tie big but hot weather during the j past ten clays probably eked Normal yield in 1 Corn has had Fine showing weather where moisture is but the ther Bureau map indicates that the sufficiency of moisture is somewhat irregular and warm weather some sections has stunted the i that the Legris Lution which is deemed satisfactory in one country could not applicable in the july in one Cou t yesterdays be wholly inapplicable red precautions 5v 0 Triin improvement through the balance of the list was More leisurely but Toronto after its Sharp break of the previous steadied Down Between 93 and 91 and closed or 1 up among the steel stocks Iron improved to 53 and closed 53 bid steel of Canada improved to 54 and closed 54v while Scotia finished firm at 125 bid with no Cement opened at an overnight gain of 1 and Rose to Ames preferred advanced 1 to 55 and the steamship stocks at 26 and s3 for the common and preferred respectively scored gains of the preferred finishing Strong at s3 a variety of stocks like smelters and Lauren tide held the rallies of the previous with fractional improvement in the final preferred stocks were relatively Active through the textile prefer which sold 1 higher at was a Bond business was lighter than usual and trading in unlisted stocks was also total for the Day 100 Bonds in unlisted securities 79 precautions inadequate South july 19 As Fower i Hulk to killers 10 t ers Host Hariw receipts 200 25c loner c is to 50 ewes to George Graham thinks germans have no difficulty getting Canadian july Canadian Nickel is probably getting into the hands of the enemy through the new medium of the German merchant submarine now Baltimore on its return trip to Ger Many is the conclusion reluctantly drawn by George who is in Ottawa to has spent the past few Days in new while there he came into touch with a number of gentle july local Stock Market in sympathy with an improved tone on Wall showed in the local list gains were made by most of the Active ranging from a Small fraction to 1 Toronto which had a bad on recovered the Stock opened at 92 and advanced to 92 a net gain of one the Rumor that the company had sold its new Issue of Stock in was not confirmed Cement followed its Good conduct of the previous Day with an Advance opening at 63 14 and closing at 64 5s n of 1 a net gain of 1 munition stocks have a better following the Button of Shell Maple Leaf common opened at 90 14 starting out from 8 Sells at 89 the new loan i Billett says More time needed to reach country Billett in discussing the Forth coming government loan yesterday made a suggestion which is Worth the most careful consideration on the part of those who Are interested in this mat ter at Billett said that the announce ment of this loan would probably be made on a monday when the prospectuses would be brokers would Send these out to clients in the country who would reply asking for information on some minor the broker would Long before the correspondence could be completed the period allowed for subscriptions to the Stock would have the plan which probably will be Fol Lowed in this matter by tie government is Well adapted to a country like in addition to this and the investors Are quainter with Bond Well a Here it takes longer to carry on and there is Ereat educational work to be suggests that a preliminary announcement be made by the giving full information regarding the Price of the and that a Little later the books be opened for subscriptions for the Cus Tomary in this Way people at country Points would have the privilege of getting in at the lower the War loan Bonds of last which were placed at Are now quoted at Riordon paper steel 11774 Imi 24 26 13 13 190 194 Utah Copper Wimbash 73 1314 38 13s 37 53 35 76 38 Down Zenith i Rariek Palmer 11 noon Sarant is Corsy Richardson 5fjci Jay John Bowfin we Oast pad Sou Maryland Union 04 electric 54 Willys 59 Central Money sales to noon Toal rules 56 60 54 t 54 i 59 95 60 Rogers will the first dinner of the credit my is fail the address will be Given to i Robert room is been asked to speak on Trade after the this will Beon third thursday in the Dominion Bank head office Toronto established 1871 f capful ret care fund prompt and efficient traded Dupar taunt at Tali allowed on it Points and Branch at 73 branches in Arlin Atou strand Portage North end main porn ave and St Ortw Portage and Sherbrooke 3t Johm Branca main and Redwood Wio Timbo main and Mcdermot superintendent of Worthem Winnipeg m the Canadian Bank of Commerce has installed safety Deposit boxes Eastern concern earns eighteen per on july Riordan and paper company directors met Lodge your title insurance policies of valuables in one of these or ending july thus placing the shares on a i per per annul Divide end a an interim dividend of 14 paid on the common in comi Mon shareholders will receive a total of i 2a per out of the profits for the seven months of the current fiscal Stock dividend at the rate of about is i per if that is 4 per is payable August 13 to Stock of record july for further information apply to main office manager amt other branches in Winnipeg fort Kelvin Strait and main Portage Ink i i men who were conversant with the Toronto Street railway goes at Low with 376 1lckel in irked in United est Price since 1907 1 Torso 20k or relying on the Assur ances Given to him last session by Market was the government to the effect that St atelier loaf in t the of clinic of the Larl liar of he very Hish i adequate measures had been taken predicts bumper 1 i to Kawitt yield in would thit h d Vav would n in curing hip to Virv inn of Ceu Tatten ills i to the Sale for any i enemy use of Nickel made from can Jadian Ore by the International Nic j j Adian Ore by the International Nic i s Asio i Kel to Manv expressed the View that to the Back a july Sharp break in Toronto rails in the Canadian markets Down to at which the current dividend rate vi4ld a return of about 9 per cent revue acutely some recent uneasiness As to the immediate dividend Outlook of Stock at s3 rails sold at the lowest Calgary May come in Foothills City will follow Winni pegs example and convert its july it is just posed Actu july of flip Al i snark Tiothy j1 f i of Liore being a Al 1 i and a num 52s to 1 her of optic ills of he Road 52s Pankins sir 1 Rit 1 a pit trader desires position to offer to an sex perish cd Pii who has Inland with the of them i i u familiar with tur Oil of he and in known on in i want to come to Box 696 free press Duluth Coal july Coal ship ments from head of Lake docks continue to be far in of Cor total busing to in favo of 1516 up to july being of Coal of All june shipment amounted to or now intr an Cices Over month in Flo of or ship arnts despite falling off in Coal tale re Der Ned Iron will end with Bridy up by to co ship mints from Iota Dot Stond growth the produce Day by Day Liverpool j j 5 l2d i american potatoes i 0 per jc1 Hus Ikea Mckuy butter 1icch pain to n Faily Price 30 Dairy jobbers and shipper a per Straif Fht receipts i 1 per j cargo of it could not be Ca jail Ian his Confidence i i rudely shattered by the reply made i i to him by one the lat ter declared that he had recently seen a Sale of some tens of thousands of dollars Worth of Nickel rented by the International from Cana Dian when he made the Pur Chase not a question was asked As to the ultimate use or destination of the it might easily have been resold to German agents so far As the practical precautions of Canadian government Nickel dividend i Canadia american the to subject of much Adverse com j will pay 1 Mcdougall i new july is under i stood that the directors of the inter National Nickel company have decl j de on a policy of distributing Divi i ends More evenly Over the four quarters instead of waiting until the close of the year to make a special that undoubtedly Means a higher rate of quarterly distribution than the 5 quarterly of a share that prevailed during the last 12 Nickels Busi Ness is running heavier this year than May Mak follow Winni e arrangements of the French loan sible that Calgary pegs example and to retire several millions of debenture Bonds which Are outstanding in England and obtain a new and More favourable loan in new the City treasurer believes that if the could be arranged the City would save from i to twin cities will contribute five is today will be very heavy m and Vicinity according to indications in the offices of the Minneapolis companies interested in the underwriting of the in eorn2 quarters it is believed As much As St will be subscribed in the twin system is july and san Francisco Frisco system sold to representatives of the roads Bond holders Here today for 200 More than the minimum Price fixed March 31 by United states judge Lead and new july Metal Exchange quotes Lead asked per 100 Spelter East Louis de at 10s per Long of Canada with Cash int Tela you can ii to advantage you know How costs More when you Haw to buy on Why not practice self denial for a while if open a savings account in the Union Bank of and with the Money in hand buy at Cash prices the discounts will help to swell your Bank and you will made a Good Start Flaa Odal other branches Condon a 491 two Central offices d the Linkof Capri no Mill la and total Over of George sir Henrt Russell to a v directors Kohv r Lii Ciro Llama Dep a Coal Coke Galt Coal Bankhead briquettes american soft and smokeless prompt deliveries Hammond Nanook wholesale and retail main and Portage phone ;