Winnipeg Free Press

Winnipeg Free Press (Newspaper) - March 23, 1920, Winnipeg, Manitoba 16 Manitoba free March of Elf Money and business Why Victory Bond lost its value big holders sold on enormous scale to buy imported securities 1 made yesterday a Gratifying n i with Victory hands was that yes Torday tlu1 pro was Fulk Iriny Pusi a Lisnov Hyth with for thu 1522 lands were advanced officially on half the j23 on Quarter tha la one Hail and ref 1337 Cru advanced a full Ali ii and the last Rmah is a widespread that in the Price the Victory was due to the of sir Uritis by Jirld this is by no Means of Kotorie thrown on the Market n Erin Rouh amounts by the and in tin largest there was the usual amount of by Small but this would Haye the Arhat in was the Selling by the for this is neen Dwinia the Exchange a prance very Pront lilt for tin Holt h of Canadian securities o and them to this country for having renin cd and scored Erer it in the a Rutish investor was Able make a or Twenty per on he St on these was i Yahle in Mon Vork the Canadian Huy got a As Short As a Victory r with the advantage that the interest i return was and also got the in Street payable in new and was Able to profit from this source when in i was big company with a million dollars Worth of Victory Bonds i to make a most Exchange by Selling the i and Tanintr these imported 1 this importation has now largely As a result of the the result that the Sale of Vic irn Ries is Dimin Lilied and Tho demand 1 for them hence the gain in the i the Bond dears Are suffering heavy 1 Oss from the present the profitable business from the old coun try is Lar roly or wholly Cut off and the of i he committee Are handling i ii without profit to them new Vokk on Call demand Premium on or York 11 the Banks and Exchange the Farmers of in its last Issue made charges against the Canadian Banks in the matter the Premium on new York the statement was made that the Banks were speculating in it was also said that the Banks bought All the available and that when Large Canadian corporations or municipalities these they were compelled to pay an exorbitant it is highly improbable that any Canadian Banks have made a prac Tice of speculating in Exchange such a course would Lead to Large but in the nature of the Case it would Lead to equally Large it is equally improbable that the Banks have at any time been Able to dictate the Price at which new York funds were to be the Price of new York funds is not it is not fixed by Finan Cial it is the result of natural chief of which is the Law of Supply and it is necessary to be fair to the and in the matter of foreign Exchange it is especially owing to the nature of the there is a natural tend ency on the part of the not familiar with the to jump to the conclusion that the Banks do get a big Rake off in this Canadian Bankers will without doubt be pleased when Exchange re turns to the present Situa Tion costs the Banks More in trouble than it is Winnipeg stocks fire ins 125 great West life great West Perm Home investment paid 80 Trust 117 Standard trusts Union Bank of Canada Winn net electric fully paid 90 National fire 60 traders building Western grocers pad our 1931 March 225 70 120 120 120 160 36 70 85 82 95 99 Montreal stocks t reported by Macdonald i Alt lbs As Deitos c Atlantic sugar i Tel Brazil traction j Brompton Canada car pad Cement pad canners elec Bridge Glass Detroit United steel National brew Jeter Lyall Quebec Riordon paper shawl Olgan smelters Spanish or pad steel of Toronto Way Agama War 1925 1937 Mcdo Mirall a lbs 36 291 77 new firm spot and 1sh to Isi second to steady to 2 to 1 to 11 00 Metal Exchange quotes Load Isief hid Zinc East Louis i u As fun 5s 6d 5s new prices for Victory Bonds effective from today Date free from Dominion income due Price yield 99y2 and interest 9914 and interest and and and interest subject to Dominion income tax 98y2 and 97 and interest Ding Bawlf limited investment securities Telephone Garry 49001 ground Lindsay Winnipeg 290 76 90 107 69 92 64 105 106 63 109 72 49 118 87 28 175 114 114 28 92 150 82 50 94 i 98 March 5514 287 291 general motors sold at new High Issue is taken at in Wall Market very Active 90 83 92 65 105 63 111 49 i 87 28 175 114 114 28 d3 130 82 53 93 76 77 89 it 89 49 49vi 80 it 81 82 69 105 63 109 72 49 86 28 175 113 114 28 92i 129 81 50 94a 98 82 69 92 65 305 63 310 96 49 i 87 28 i 175 113 114 28 130 53 82 i 98 new Larch by the improved showing of the Federal Resene Banks and other advices Over which reported increased activity in Many lines of Industry pools today resumed their bullish operations m the Stock professional interests were assisted by an appreciable revival of Public Par buying from that Quarter concentrated in equipments and numerous specialities which have yet to act in recent decision of the supreme court respecting Stock was not so Large in the a Agauas of last when transactions approximated but was characterized by look reported by Mcdougall March at 49v4 10 at Brompton at Canada at at Detroit at 109 so at Dominion at Dominion at 72 25 it 60 at 73 50 at 73a 130 at at 96 45 at 9474 at 25 at Tsvi 25 at 105 at 175 at 150 at at 36 20 at Montreal it National at 49a 175 at 49 25 at Peter at 87 25 at Quebec at Lawrence at 114 45 it Spanish at 125 at 914 50 at 25 at steel of at 82 20 at Toronto at at 50 at Canada Cement at Atlantic at to 25 at 75 at Canada at stamp 4si Brompton Canada consolidated Detroit 111 110 j Dominion i Dominion i3vs 7214 72i 96 36 Spanish 130 Montreal 8814 National 45 Peter s7 Quebec 2s 2sh Riordon Lawrence Spanish 93 92a i steel of 82 i Toronto i War 94 95h 1 Atlantic Canada greater scope and Price changes Cov ered a wider general motors general motors again monopolized attention during the first half of the rising 29 Points to the new High of declining to 303 before rallying 15 Points and ending at a loss of 6 Stutz motors with an s Point gain to the new maximum of was another outstanding also Crucible steel at an Advance of 12 and Bald win Texas company and mexican in which Gross gains if s to 10 Points were registered trailing along wit i these leaders were other their numerous secondary equipments and including Superior which Rose almost live Points on an in creased dividend Leath ers and various unc Lansidel made up the balance of the but rails were comparatively Dull at slight extreme advances were shaded by to 5 Points at the end of the hardening of Call Money from 7 to 9 per sales amounted to 000 the Bond Market was irregular in contracted Liberty issues showing no marked total Par aggregated old United Stales Bonds were unchanged on unlisted Pattten members Montreal Stock and Toronto Stock Lori Bay furnished the following approximate quotations bid asked ref sales Book 7vi Ames Holden tire Belding pref s7 to pref i pref 6s Coin com Carter pref Cockshutt 7to i Crown life is Dunlop 7 pref Eastern 6s Goodyear 79c prof Home Bank Imperial com j King Edward 7s 1 Okinawa com Loews pref Loews com manufacturers Massey Harris Mississauga Golf Murray 1 pref Northern life Assurance Ontario Sterling com United Cigar business of the Home invest ment and savings is 1n i visiting the Coal mine which i he acquired with other Winnipeg peo pie last he is accompanied by also of this new York stocks Home Bank Canada savings accounts every facility afforded for the open ing of savings one Dollar de posits full compound interest at highest Bank rate allowed on deposits of one Dollar and branches and connections throughout Canada West Ken offices i Cabri Crystal ecu Grodl Alofs Khedive i Mnnie Law sask Winn Pesl office 426 main Street marjor1e by Hammond a now March Anglo Frenchi 5s Alli Chalmers beet sugar can linseed Sumatra steel sugar Sumatra Tel Anaconda Atchison Baldwin Ojito steel Canadian Pacific Central leather Ohio Paul Chicago i 44 87 k 51 861 106 132 137 63 h 84 135 96 125 i 58 37a 50 105i 105 it 151 it lost 99 63 84 97 124 91 Caa 93 Corn products Crucible steel Cuba Cane sugar distillers Erie motors Northern pad Ore Nuckol alcohol Copper Marine pad Copper steel a Vaie steel x Central Pacler new Haven Pacific Pennsylvania Peoples Gas pressed steel car Ray cons 93 235 49 in 395 41 100yi 39 99 32 79 83k 43 40 19 87 i 105xi 102 24o s retail stores Southern Pacific Southern by Atuf Lebaker 109 texan co 214 tobacco products 74 Union Pacific 122 u Hubbort 113 steel Utah copier 78 Westinghouse electric Willys Overland 25h 37 91 94 237 48 373 41 22 100 57 38 80 a 199 48 28 i 35 44 40 it 103 19 a 86 i i07 101 24 309 219ii 74 122 South fort Rouge Community club entertainment attracts i this is my Mother she i Shes mine such was the crowd that gathered last night in Tho lord Roberts school to witness the entertainment Given by i the South fort Rouge Community i that no children were admitted without their and Conse i Quentlyn a Large number of desperate i Small boys flocked around every Good i natured looking lady who went claiming her As his maternal the children the Community who took part in the concert programme did excellent those who Sang or the lord Roberts school in the i musical festival rendered some Fine i having been trained by i miss Florence Chislett and 1 Lilian two of miss Darby i gave a piano duet and mar Garet Mitchell gave a violin Solo which was enthusiastically other contributors to the programme were miss Jean Lay Field and four Young men of the com who gave a much appreciated mandolin the feature of the evening was the lecture by professor of the agricultural on Decora Tive he spoke of the desirability of cultivating the aesthetic phase of especially on the Bare Prairies of Manitoba and the and emphasized the necessity of selecting Hardy material that will live through the severe Broderick lecture was illustrated by some very Beautiful lantern Many of them showing and Hardy perennials suitable for growing in the the professor urged All present to Plant gardens and thus to help in making a More More attractive the chairman of the evening was Rose carnival a approximately 800 people attended the special Rose carnival held in Tho Alhambra dance Hall last the entertainment was held under the auspices of the ladies auxiliary or the the Hall was gorgeously decorated with roses and each guest was also presented with that conspicuous Wasdell acted As convener and the following committee i charge of pro gramme arrangements Kemp Wil ton miss Katherine miss Russell and Excelsior a Strong Canadian company Lew for Protection or buy Excelsior Western of Europe pro info of Manitoba Manitoba Power commission department of the naval service Royal naval College of Canada tenders for steel strand wire t i shut n is july 10 Section inv 28 tone apply local or railway of Canadian Pacific Ocean services fsvy1 i Vides a thorough grounding i i tcnheum1vorlrcation Aims at de Fol Asseri p both physical and rants j candidates must Hon s3sss2j fssssi1 Terem ror entry to the sealed tenders office of will be received of the undersigned up to is Oclock noon of March for the Supply of galvanized stat strand wire required by the Manitoba Power full particulars and to the 24th Deputy minister of the naval of and e sment will not be paid tenders for sanitary supplies the will Money to loan on farm and City property apply to Harris manager Canada permanent mortgage corporation 298 Garry Street Winnipeg y us an cd b f Donald so n proposed sailings new 24 it Man vow Southampton 34 Iii Trutor 8 Muu Relauia 22 Lin Peutor d a Kwh o1lekboukg and Woutila Motoji Kolf Corgo 14 Geordie 19 Georce 23 Uyl Georce 2 new Cherbourg and Liverpool ii mania 10 Chiron la May 201 new via Moville Columbia it Colu Inbi Columbia new and Hamu aug sealed tenders addressed to chairman committee on finance be received at the office of the signed up to 3 Oclock on april for the Supply of toilet paper paper towels and liquid required by the City during the year 1920 specification and form of tender to Gether with conditions governing tend ers As prescribed by bylaw May be obtained at the office of the City store City Corner Ross Avenue and Tecumseh the lowest or any tender not necessarily cite clerks March new Ani Havre a Annonia 10 Glasgow pm Sandhi april 21 Saturn la 1 crts Sandra May 13 anti Irivin cons Sandra Only for full information apply to any or or to company office Scott 7u 5iain White Star Roch Omnie generate Tran Atlantique b a Prem postal new Fayette 10 May 8 8 aka ice 34 slay 12 june a Hock Lambal 22 Liny 21 july 1 la Tou Kain 21 june 2 july 6 la 1 May 29 Juno so la savo1e 22 june 28 july 17 colder can main or and ticket if you Are going to Europe see Stockdale depot ticket passports secured i i from Portland from Halifax Canada mag Antic 22 Canada Jane 12 Meir until Jane 10 me Ennio 17 j White Star line j new local tic 17 or aim 24 celtic May 15 Baltic 22 new 1 Laplan dip 3 Adriatic 184 Lapland mar a Adriatic May 29 i american line new new York 27 Paul 3 Philadelphia 10 new York 24 apply any or or com pants 286 main Winnipeg Ocean steamship tickets All lines if you contemplate a trip to the old country this make your steamship reservations both going and summer sailings All lines now ready special passport and steamship secure your tickets and All information at the old reliable City ticket office Corner Portage and main tenders for Supply of hardware sealed tenders addressed to the committee on will be received at the office of the under signed up to 3 Oclock on r for the Supply of hard Ware required by the City during the year specification and form of tender to Gether with conditions governing tend ers As prescribed by bylaw maybe obtained at the office of the City store City Corner Ross Avenue and Tecumseh the lowest or any tender not necessarily City clerks March Rural municipality of Charleswood notice six per debentures for sealed tenders marked tenders for debentures will be received by the undersigned up to 12 Oclock noon on saturday the 3rd Day of 1920 for the of of debentures bearing six per in Terest from March being an is sue of the municipality of Charleswood to cover part of the costs of the Erec Tion of a Bridge at the said debentures Are drawn covering a period of Twenty one debenture to fell due each year the amount of each is the sum of which is the amount of principal and interest divided into Twenty equal payments As provided by the bylaw of the municipal Council authorizing the Issue of Charleswood March 103 53 it Canadian War March following were the asked prices for Bonds at Tho Clowa of the Market today War due 1925 95 94 new fixed prices due 1922 1923 1924 98 99 101 return from Montreal Hammond Nanton investment financial stocks and Bonds bought and bold on mortgage Loans on improved farm insurance effected in All its farm lands for Sale in Western and Corner main and Portage Manitoba i merchants Back officers Are on Way Back from Eastern conference a number of the higher officials of the merchants Nank in Western can Ada Are passing through the City at the present time on the Way Home from a conference was called by the Gen eral manager of the this attended by representatives from All parts of the do and from the Agency in new Many Eastern managers were present and matters of interest to the officers were the trustee company of Winnipeg 322 main de la managing see us for investments in allocated or guaranteed Loans at attractive rates of we Are handling French government which at the present rate of Exchange offer big our Agency department is very while out of leave your affairs in our those who were in attendance from the West included of this superintendent of Manitoba and Saskatchewan branches Ken of superintendent in Alberta of superintendent in British Columbia of Victoria Frank of Edmonton of Cal Gary of Kresina and the manager of the Rural service George the superintendent for Manitoba and is expected to arrive in the City today from the manager in Gal who was for some years in the Winnipeg is spending the Day one of the of the Conven Tion in Montreal was a banquet at the mount Royal where addresses i were Given by the chief officers of the i i positively the last week All Sample shoes to be sold this is to say that our representative will close our showrooms in the Hammond building on March 27th and return come in and select your pair from samples at Sample decide now to come before he leaves and see the famous shoes place your orders now our representative will gladly demonstrate to you the Superior Quality and work Manship of backs also take measurements and your last of makers of Mac Tomeasue shoes Over 73 phone or Call at our 102 Hammond 61 Albert Telephone Garry tenders for Supply of motor trucks and separate sealed addressed to the committee on will be received at the office of the undersigned up to 3 Oclock on March for the Supply of four motor equipped with Power revers Ible tall closed cab and attach ment to haul two trailers of 5 Yards tenders will also be received for the Supply of 17 specifications and forms of together with conditions governing As prescribed by May be obtained at the office of the chief health City Winnipeg the lowest or any tender not necessarily City City clerks March tenders for summer separate addressed to the committee on will be received at the office of the undersigned up to 3 Oclock p m on March for the Supply of summer uniforms for the health As follows More or summer uniforms for More or summer uniform suits for specifications and forms of tender to Gether with conditions governing ten As prescribed by May be obtained at the health office City Han the lowest or any tender not necessarily tenders for teachers residence sealed bulk and separate tenders will be received by the undersigned us to March 1920 of the erection and completion of a teach th8 thur North Whitemouth or from act Pei ad1 tender not Tuttle architect and heating 405 Mcarthur building notice Graham solicitors for my be obtained at the office of thai chief Manitoba com new parliament buildings an accepted Cheque for an equal to five 5 per of the amount of the tender must accompany each tender this will to forfeit to the government in the event of successful tenderer declining to execute a contract in with his having Falls to carry out All the provisions the lowest or any tender not warily signed Power commissioner March tenders wanted read the free press get the latest new province of Manitoba Power tenders for steel transmission towers sealed tenders will be received at the office of the undersigned up to is Oclock noon of March for the Supply of galvanized steel trans Mission towers required by the Mani Toba Power full plans and spec inca tons May be obtained it the of foe of the chief Manitoba Poser new parliament an accepted Cheque for an amount equal to five per of the amount of the tender must accompany each tender this Cheque will be forfeit to the government in the event of successful tenderer declining to execute a contract in accordance with his or having executed tails to carry out All the provisions the lowest or any tender not necessarily signed Power March tenders for Well drilling Rural municipality of East Kildonan tenders will be received Liy the undersigned up to noon on 5th Day of for the drilling Wells in the above Price to be Given for Wells to be sup plied with 5 and c Inch casings and also the Price per foot in Earth and the successful tenderer will be required to enter into an agreement the municipality and to furnish a Bons for As a for further information apply municipal municipal East the lowest or any tender not necessarily by municipal i East Rural municipality of Dauphin tenders for Industrial sealed tenders will be received up until March for All or any part of the following 7 Miles 20 24 Inch and without steel 4 21 incl 40 7 24 Inch feet Tamarac or fir 3 by 6 by 16 1 six ton gasoline 24 1 three ton gasoline u 30 2 Side dump 24 Gause with or without roller 4 five ton Flat 24 1 shovel gasoline or of bucket to 1 cubic any of the above equipment May new or second the lowest or any tender not necessarily time limit extended until noon april 3rd grading tenders of Rockwood under Ned will receive scaled ten Ders marked tenders for till noon on april Lor the ditching and grading of roads m municipality of As Follower tender u Nim in townships 16 and ranges 1 and to tie completed by november tender 77 in township ranges 1 and township ranges 2 and to completed by november tenders must to accompanied w marked Cheque or Cash representing of of the amount of the und Tlona May be been and form of tender to secured from or Mam municipal the lowest or any tender not f dated at this 3th Aat 01 municipality of tenders for Road i grading sealed tenders for Drain los and of Flat two Miles of Road in the Munio Pally of will be received by designed up to six Oclock l 20th of this work i about cubic Yards of Eurth but Quantity shown is apr work to be completed in and tender forma May mined at the since of the Good a Jug or from the a certified Cheque for five per o tender to accompany each tender is the lowest or any tender not i orally w of flab of the clerk of the Rural Mvi Ohop Ity of Bartle Manitoba see the new 1920 display Tuc Silay mesday at and Mcrae s 761 Cory Don the Rural municipality of Dauphin tenders for travelling t scaled tenders will be received up w noon on March lots travelling approximately 175 Miles of Road under the Good Road act in Al of Rural municipality of twi proximate yardage tender forms and specifications be had at the office of the municipality of or at the office of the Highway come i the lowest or any tender not Nechaj warily time limit extended noon april 3rd i ;