Winnipeg Free Press

Winnipeg Free Press (Newspaper) - March 18, 1920, Winnipeg, Manitoba 1 pm Wiroba free Bresk 1920 Money and business Winnipeg stocks is interested in Rural credits visitor from new South Wales stops Over in Winnipeg to make inquiry regarding Manitoba plan the interest which is taken in other countries in the question of Rural was indicated in the arrival at jul legislative buildings yesterday of of the department of Agri attire of new South Birks came to Winnipeg on the Home to Australia from had Learned during his Ebay Europe something of the plan which n been adopted in this province to Bank Money in larger volume for food and stated that he was anxious us learn about this ext to the department Here some time asking for detailed information tits reference to this and a cd of the act and All related Litera Ture was mailed to or Birks spent the Day with and obtained a detailed state ment regarding the methods employed n this he also met members of tie including the Valentino and Edward who Are specially inter ested in this Birks was with the australian forces in Europe during the entire period of the War and held the rank of Cap he will be in the City for one or two securing information which May be useful in his future work in his state in on his return Home no at once resume his work in the department of agriculture in new South Western grocers makes its report local wholesale House shows the largest net earnings in its history paid f6 fire great West Perm Rome investment i 50 j trusts Union Bank of Canada fully paid Fig National Home Bank of Canada traders Western grocers jfdx7 March 124 the annual report of the Western formerly known As the Macdonald was mailed to the shareholders of that company last holders of the Stock will be pleased to learn that tha net earnings for the Calendar year 1913 were in the previous year net earnings were 463 and in 1917 they were these figures Are believed to too very conserve the deductions and provisions for doubtful and depreciation on buildings and equipment Accord ing to common on a generous the company playing very Safe in View of the general uncertainty with reference to the the real earn Ings of the company in the past two years Are said to have been in excess of the report shows that Western Gro cers now has a Branch at the which is news to Many Winnipeg the company has five branches in two in and one in it owns All the Stock of Western of Van Couver of Cranbrook and of Nelson the Wisdom of the acquirement of the British Columbia houses has now been the following figures indicate to some extent the position of the company As compared with its position at the close of 1913 1919 162 97 85 82 Montreal stocks reported by Mcdoucall March 78 91 90 to 48 79 79 37 280 77 90 48 m 79 stocks were High in the final hour Many substantial gains were registered at the close in Wall Street 101 74 82 34 107 70i 94 61 foreign London Paris Clark March Spain go Anjany Holland 35s Stockholm dirty Tiala Copenhagen 17 36li March Premium on new 12 new mar in Call Money opened at 8 per adopt financial statement March the annual meeting of the National breweries limited was held this when the financial statement for the 1919 was the profit and loss account showed the follow ing figures balance at add trading pro fits for 14 after providing for War taxes to making deductions were depreciation interest pre erred com Mon leaving to to carried cur rent liabilities totalled and Active assets 191s warehouse current assets total assets Bank Loans Trade liabilities the president of the company is Riley and the Secretary treasurer is the directors include Andrew Kelly and Metal now March steady spot and 18 to Isis second steady and Metal Exchange quotes Lead easy asked quiet East Louis at 6d fun business 95i 95 50 101 101 74 82 82 6914 94 61 105 62 1o6 107 70 70 125 95 19f so 118 114 28 is 129 82 2814 87 129 801 79 9bh 98h 195 195 195 195 president of Western grocers is sailing from Hali fax today for he will visit the bermudas on the Way South and will spend a few Days at k of the Dominion loan and securities is at Palm Beach on a Holiday on the March Brood on the bourse three per 5g francs so Exchange on London 50 francs 24 the Dollar was quoted at s francs 45 if you cant get to town banking by mail is a Good Way of doing business without the necessity of coming into town Forward your deposits to us by Money order of registered the amounts will be acknowledged and added to your account upon the Dominion Bank Arlington Branch North end Branch notre Dame Cor Portage Branch Cor Johns Branch Norwood Branch Union Stock Yards Branch Winnipeg Branch assistant general Arlington and Portage Avenue 678 main Street notre Dame and Sherbrook streets Portage and Sherbrook Street main Street and Redwood Avenue Boniface Boniface main Street and Mcdermot manager Macdonald Alt lib 280 Asbestos 78 Atlantic 91 Tel 110 4814 Brompton 79 Canada car 32 pad 1o1 steamships As Canada Cement 6914 pad 94 61 Bridge Glass 63 Detroit United 106 steel 70 125 Laurent de 9514 Lake of the 195 National brew 50a ogllvie254vj 25416 253 118 Peter Lyall c Quebec ry2716 27 h 27 i Bordon paper 180 180 173 shawinlgan114 114 smelters 2814 Spanish River 67 89 pad 129 12914 steel of Canada 8014 80 i Waya Gasc 79 82 Commerce Montreal Mcdougall March Bell 110 48 Brompton 79 consolidated Detroit Dominion 70 70u 93 93 Spanish 2s5 National Ogilvie 254 Quebec Lordon Iso 19 178 177 176 175 Spanish 87 18 89 steel of 79 new York stocks reported by Hammond new March Anglo French 5s 97 97 9716 ally Chalmers 4214 42 4214 85 87 85 can 4914 5o car p 139i 138 hide 24 2414 24 24 linseed 8414 84 84 83 101 10o 105 69 69 6914 69 i steel f 45 v4 46j4 451a 4614 sugar 131 Vij 131 131 Sumatra 97 9814 96 97 Fri t 99 100 99 woolens 132 13514 13014 135 601i 60 60 Atchison 84 Baldwin Loco 12514 123 135 o37 37 36 36 steel 91 9214 90 Butto Superior 26 27 26 26 petrol 40 40 3914 39 12514 122 Central leather 86 h 87 57 37 4054 37 new March were Active and Strong at the opening of to Days Dull and Dur ing the intermediate session and higher than at any previous period in the final when Many substantial gains were the spirited rebound in the later trading followed word from Washington that the Secretary of the Treasury had1 advised against the imposition of a tax on Stock dividends until the begin Ning of next Stutz gains 20 Points motors and As Fea tured by Baldwin Stutz and mexican Petroleum led the Baldwin gained 13 Points and Stutz while some two score less prominent is sues made net gains of three to ten Crucie steel and general which again created much unset Lement their erratic finished at comparatively nominal after having fluctuated within a ten Point it is noteworthy that stocks which manifested greatest strength in this feverish activity at the close were those directly in line for Stock in the most prominent Industrial and railroads made Little headway though strengthening at the sales amounted to Call Money 6 per other developments of the Day ranged from favourable to the Call Money was freely offered at six per after opening at but foreign Exchange was unsteady and Industrial As viewed by Trade authorities was clouded by fuel and freight and car a belated Rise in Liberty and the better tone of High Grade rails the chief features of an irregular and contracted Bond internationals recording no material Par old United states Bonds were unchanged on steel of Canada 81 portrait gallery Labelle who has just been appointed to succeed to the Canadian management of the Royal insurance on the retirement of Mac the present in May the appointment carries with it the manage ship of the royals associated the Queen insurance com Pany of America and the Newark fire insurance As Well As the presidency of the Hudson Bay insurance Labelle has been associated with the Royal since and since 1904 has held the position of assistant shipping British Gold to new York 40i 86 57 39 to 37 34 38 93 57 39 9i 34 38 36 i 38 242 231 233 i 47 45 u 47 68 68 68 14 326 83 h 40 22 97 36 91 4 17 30 7314 14 40 22 96 35 30 72 the difference if you Are Able to keep your expenses Down so that they Are less than your income you have made a Start in the right the next step is to place the difference in a savings account with our where your Money will be Safe and will earn regular 4 you May Start a sewing account with any amount from one Dollar Union Trust company limited Henry president main and Lombard 4 on savings 038w o Chicago i Chino Copper 54 fuel 38 Corn products 9314 Crucible steel 242 Cuba Cane sugar 4514 motors326 326 324 pad 8314 ore39 Nickel 21 alcohol97 Coper Marine 36 Marine pad 9114 Southern 17 Copper 30 steel petrol 190 Soo Midvale steel 46 pacific29 Central 7514 7514 new 3514 pacific8354 Penn 4314 4314 Peoples Gas 39 39 pressed steel 53 103 102 cons18 18 18 reading8614 8614 8514 85 95 96 92 96 retail stores 7514 75 7514 Sloss Shef 73 73 7214 72 Southern 100 100 tools Southern 26 25 24 24 studebaker102 102 10o 1o2 Texas co 210 210 tobacco product 6914 70 6914 7011 Union Pacific 121 122 121 121 rubber 107 109 107va 109 steel 99 98a 100 steel pad 113 113 113 113 Utah 73i 74 73 a 74 chem 7414 76 7414 7614 electric 52 52 Willys 2514 24 Money sales to noon total sales 82 39 21 95 55 a 35 h 90 y4 311a 72 190 190 78 47 46 29 u 28 7554 34 83 i 42 38 March in stocks on the Toronto Exchange today was of the scattered character familiar in re cent Days for the most Price changes were brazilian closed at a net gain of the final bid lowered to Dominion Iron sold up half a Point to but yielded to and in the afternoon the bid was reduced to steel of Canada also advanced half a Sellins As High As but forfeited the entire gain later and the Clos ing ibid was Down to movements in and Spanish River of the paper group were 1n Sharp the former us a sequel to the publication of its annual sold off Points to and the bid in the afternoon was lowered to on the other Spanish River moved up a Point to and the late jumped sharply to the War Loans were the Only feature being a stiffening in the quotation for the War loan of which sold on Quarter higher at 54li Black Lake Asbestos preferred spans into sudden hut made no head Way in Selling around the of Cimon was Dull but steady at Riordon earnings March pulp paper annual report earnings per on new Stock to be new March ship ment of British Gold to new York via Canada is reported by the Sun and new York Herald this morning on what is claimed to be excellent the initial be tween and is due at Halifax on British battleships this the Sun at the offices of Morgan and com it was said that no statement would be made prior to the actual arrival of the Spanish River Active dealings in this Issue amounted to shares in Montreal March were few Large net changes in today Stock although the tone was distinctly better than Spanish Kiver contributed nearly half the turn dealings amounting to the Stock opened slightly lower at but advanced immediately afterwards to at which it a net gain of 2 the preferred was the second most Active Stock on the list but showed Only a net gain of a fraction at announcement of Rio dons capitalization plans was apparently of a Bear ish effect since the Stock broke from the opening at 180 to latter recovering to a net loss of six Canada Iron foundry preferred made its Bow to the Market sales being at largest gains were a four Point and Vance by provincial paper and a Point gain for against j Canada Cement 1 per these May be set a 3 Point decline for sales and prices of unlisted securities have ceased to be pub trading Money will be tight the situation with reference to Money is not reassuring or the said to have have been unofficially advised from Ottawa that caution is to the the order of the and that commitments should not be the result of this is seen in the fact that Good or Loans that would be accepted in Ordinary times by the financial Are be turned even if lateral is first there the col is Hesi Tancy to Advance funds for new in there is More unwillingness than usual on the part of the Banks to tie up currency and a Strong disposition to keep funds in a liquid the purpose for which borrowings Are to be used is closely and advances Are freely made Only for productive dividends declared March regular quarterly dividend of 2 per payable april 10 to holders of Ter ending March payable april record March Asbestos corporation common City of Winnipeg not Ca of intention to certain local and to coat of same upon frontage proper notice is hereby Given that the municipal Council of the City of Winnipeg intends to mane and and will Nemko and the Sev eral local improvements mentioned in the schedule excepting in the respective oases in which a As hereinafter mentioned la in the respective cases in which such local improvement Wrork is proceeded with the City will Issue debentures sufficient to raise an amount to the Cost of said and will Assem and Levy a annual uniform frontage rate sufficient to pay interest and raise a sinking fund to repay the loan or amount of said and to pro vide for the discount and collection charges in the respective term of years for which same Are according to the class of work As mentioned in the said interest on debt be ing calculated at s or such lower rate As the Money Market May and on reinvestment of the whole sinking record March 24 Banque National fund at per per Quarter ended april in the Case of payment the assess payable May record april i6 be made upon the front nor upon both books close april 16 to 30 or part of Street shawm Lgan 1 per period improvement is 51 a Limo Andrii in ending March payable april record March 2 stocks for Sale Canadian guaranty Trust bran commercial loan and Consumers equitable Elmhurst Golf Empire i International motor country unit ownership United Grain Billett Mcarthur Winnipeg 17 Black de ques and i copy inn flu in in world Fajner can Lead Pench Csc i 1io of Fly York i 47 28 754 35 83 38 Bond Clark new March prices of the Day were quoted at the close As Fol lows closing due 193247 4s due 193247 2nd 4s due 192742 1st 4 s due 193247 2nd 4ys due 3rd 4us due 1928 4th due 193336 due 192z23 due 192223 5s due Canadian War following were the asked prices for Bonds at the close of the Market today War 5s due 1925 War 5s due 1932 War 5s due 1937 due 1922 due 1927 due 1937 due 1923 due 1933 5ws due 1924 due 1934 new York Money on demand Sterling Premium on new Tork Hammond Nanton investment financial stocks and Bonds bought and sold on mortgage Loans on improved farm insurance effected in All its farm lands for Sale in Western and Corner main and Portage Manitoba 321116 Busy at the wholesale wholesale Trade at the present Rae in certain lines is said to be he most remarkable which Western Canada has Ever Joo Cal Deal ers have stated that they would not have believed it possible that such buying Power could be manifested in the Prairie january and february Are usually deemed Dull but in the lines referred to they have been As Active As months in the fall of the increases in sales to the amount of 50 per cent have been shown Over the Corres non Dong months of collections Are reported As new London March capital this total Twenty sic is Are forthcoming that the Public capacity to absorb All fhe new issues is becoming the Chancellor of the exchequer last Nocht said that he could not vew without some concern the extraordinary Extension in the promotion of he was convinced that a part of it Only created an increased Competition for the limited supplies of labor and form new March an Effort to stabilize the crude nil important Independent producing and refining interests in Western Pennsyl have organized a corporation with a capital of Maxwell has won its following through its Quality the metals used in the Maxwell Chassis com pare favourably Pound for Pound with those in the Best cars that the world has according to there is a real reason for this Quality in a the fundamental purpose of the Maxwell is to carry the same passenger Load Over the same roads and at the same speeds As larger and More expensive but it must perform this Mission in an extremely economical therefore the Maxwell has to be but to make it Strong As Well As Light Only the very Best of materials can be the Quality and it is through the Quality of its metals that Maxwell has developed its this is a following that began five years ago with a foundation of and now reaches a Mark of new Maxwell enthusiasts in maxwells now on the highways of two continents Are a daily endorsement of the Merit of this great Maxwell motor of Williams motor 7008 Portage phone 7456 factory distributors for Manitoba and Saskatchewan enus uie Street the local in the cases mentioned in the schedule hereto in which the City generally will assume or pay part of the Cost the said annual assessment shall relate Only to the share of the Cost Over and above the cites unless within one month from the publication of this the owners of the real property affected in respect of any of the respective local improve representing at least three fifths in value of said real according to the last revised assessment petition the Council against such local improvements or against the pro posed assessment of the coat the City without further proceed with the construction of such one or More of said local improvements As have not Ibern petitioned against in the manner and Levy local improvement frontage rates As stated for the purpose of a petition or each of the said proposed improvements is treated As a separate the local improvements and the streets and parts of streets upon which said improvements Are proposed to be made Are As grouped under the Heads of the respective periods of years during which assessments Are to be made and debentures to local improvement ten year a 24foot 2 on Machray Avenue from main Street to Ilc Kenzie estimate Cost the City will assume and pay As its portion of the Cost of this pave ment of the Cost a 24foot 2 on Magnus Avenue Mcgregor Street to estimated Cost the City will assume and pay As its portion of the Cost of this pavement on Quarter of the Cost by City City clerks March tenders for Road grading sealed tenders will be received by the undersigned for the grading of the Fol lowing roads in the municipality of Swan River up to 12 Oclock noon Satur april 1920 from the East Quarter 303329 South to Corner of prom Corner 73329 South to Corner from Corner 303229 South to Corner North of the 233529 North to Quarter from Corner 253329 South to Corner also Small cutting at 700 feet North of from Corner 103428 East to Corner from Corner 243829 East to Corner from Corner 213629 East to Corner through Between 16 and Between 16 and Between 15 and through Mcrorie Creek and Small diversion East of Between 20 and Between 28 and South of sections Bast of Section Between 32 and Bast of Between 9 and Between 15 and Between 21 and Between 27 and Between so and approximating cubic tender specifications and files May be had at the municipal in i Glne ers Swan Good Heads District engineers o at the office of the Highway commis a certified Cheque for 5 of the con tract Price must accompany each ten the lowest or any tender not necessarily Secretary treasurer municipality of Swan Box 153 Swan per preferred Quarter ending March april record april per Cen payable Rural municipality of Swan River y Swan March tenders Forenoon on the of oreo Adril for the of Engineer for Rumely Oil pull Road overseer or and first and second grader As follows tractor Engineer Man with working knowledge of and Vance Rumely Oil pull must be Arcla to overhaul and keep tractor in running head grader Man Wideawake not afraid of hard a Man with working knowledge of leaning wheel graders second grader Man Man with some knowledge of grader to follow instructions of head or Foreman must be a Man with Road grading capable of handling and must be Able to read and under stand profile All applications must be mailed or forwarded to Rural municipality of Swan River Joseph Swan Box grading tenders of Bock food the undersigned will receive sealed ten Ders marked tenders Tor up till noon on april for the ditching and grading of roads in the municipality of a tender 24 Wallce in townships 16 and ranges 1 and to a completed by november tender 77 Miles in township ranges 1 and and township 17r ranges 2 and to be completed by november tenders must be accompanied by marked Cheque or Cash representing 5 of the amount of the and specifications May be seen and form of tender May be secured from Highway or Mahln municipal the lowest or any tender not necessarily dated at Thea 9th Day of municipality of tenders wanted province of Manitoba Power tenders for steel transmission towers sealed tenders will he received at the office of the undersigned up to 13 noon of March for the Supply of galvanized steel trans Mission towers required by the Manl Oba Power full plans and specifications May be obtained at the office of he chief Manitoba Power new parliament an accepted Cheque for an amount equal to five of Tho amount of the tender must accompany Ach tender this Cheque will be forfeit to the government in the event of the successful tenderer declining to execute a contract in accordance with his ten or having executed Falls to carry out All the provisions the lowest or any tender not necessarily signed Power March tenders wanted Prince of Manitoba Manitoba Power commission tenders for Road grading sealed tenders will be received by the undersigned for the grading of the Fol lowing roads in the municipality of Oak land up to 12 Oclock noon april 1920 East of sections part through part of h Bast of East of ail in 717 East of sections of North of East of East of All in 718 Bast of sections East of North of East of East of North of East of All in 719 East of North of North of East of All in 8x7 East of North of North of East of All in urls North of North of All in 819 tender Speed Catlone and pro files May be had at the office of the or at of the Highway a certified Cheque for of the con tract Price must accompany each ten the lowest or any tender not necessarily Frank Secretary treasurer municipality of tenders for Road grading sealed tenders for draining and Brading of fifty two Miles of Foad in the Munici Pality of will be received by the in Dera ened up to Eli Oclock on the 20th of Thea work includes about cubic Yards of Earth excava but Quantity shown approximate work to be completed in specifications and tender forms May be of awned at the office of the Good Roada or from the a certified f6r Flo per of the tender accompany each tender submit the lowest or any tender not necessarily w office of the clerk of the Rural municipal Ity of notice re Myrtle school of Luff to thei illness of the architect the Tirrie for closing tenders Ott the above building has been extended to March 5 school architect and heating 405 Mcarthur Winnipeg tenders for galvanized steel strand wire sealed tenders will be received at Tho office of the undersigned up to Oclock noon of March for the Supply of galvanized steel strand wire required by the Power full particulars and specifications the office of the chief Manitoba Power com Lyew parliament an accepted Cheque for an amount equal to five 5 per of the amount of the tender roust accompany each tender this Cheque will be forfeit to the government in the event of the successful tenderer declining to execute a contract in accordance his ten having executed Falls to carry out air the provisions the lowest or any tender not necessarily signed Power March Rural municipality Kildonan of West Public notice of debenture bylaw notice la hereby Given under the pro visions of the municipal act and amendments that Munici pal Council of the Rural municipality at West Kildonan on Tho 3rd of introduced and read a first ume bylaw to incur he create a debt of by the Issue and Sale of debentures of the said Mun Al Palty for the said the Bald debentures to Bear interest at the rate of six per per and to e repaid at the expiration of thirty 30 for the purpose of or Buldini a site for a municipal the time appointed by bylaw for the aking of a vote of the electors in to vote on a Money bylaw j is the 30th Day of from nine Oclock in the Forenoon to eight 8 Oclock in the afternoon of the said at the following Ward West Kil Ward West Kil Ward West Ward West dated at West Kildonan this ninth Day of Rural municipality of West notice of dissolution of partnership notice is hereby Given that the partnership heretofore subsisting Between i us undersigned a druggists in Tho town of in the province of has this Day been dissolved by Mutual All debts owing to the said partnership Are to be paid to William Rinn of the said town of trans Coria in Manitoba aforesaid and All claims against the said partnership Are to be presented to the said William Rinn by whom the same will be settled ;