Winnipeg Free Press

Winnipeg Free Press (Newspaper) - May 3, 1920, Winnipeg, Manitoba Ouay 3, 1920 Money business the steel merger gives details of Canadian merger Grant Morden announces Stock is sues in amalgamation of steel steamship companies May now British were closed Stock exchanges did no prospects the various exchanges were closed on Canada Interlake saturday. Tho new York institution ceased business on the ground that May 1 was moving Day canadians business will be resumed As usual 9 o clock in Canada at 10 o clock in new York. The feeling in the latter Exchange with reference to the future o prices is pessimistic. 7 irn Torl two years has recently been Given is , the period during which existing com Mercial conditions May continue. By that time or before the keen demand for curd transportation companies i the Iron Coal of if Atlantic Seaboard of the Dominion nothing prevent Inion connection with Tho Tho Ftp Ivl in Akinje financial re. Hut National action be Rabert l rouble in readjustment. So or a. J Rynn is now an a colonel Grant Mord y -3 the Kinin prospects o r. Troj or pc ration was to ass per Vint. Cunti native author of which is 10 be issued. Icing la per cent cumulative Partick authorized non Cunyu Rajive pre authorized 10 Haj t common .-.mhorized, s200.000.000, be . Authorized to be each gets an Nas to the terms u companies partial 3 trains n the a Rutish Empire Sterl Cor art1 l j Tho new merger subject to approval Are Dominion corporation j95 Par Guhit in 7r f Uon cumulative preferred Stock of the us corporation plus common Stock to each holders of 01 in i a county known Market Wise As Corn Canada steamships lines limited. Sum value non cumulative pre jarred Stock plus in common. Nova Scotia Stoel Coal company limited. Par value in non cumulative Stock pias 5-10 in common. Dominion steel. 5165.00, steamships Nova Scotia steel 5130.00. Learning exceed enters United states Royal securities corporation of can Ada now has office in new York the Active entry of Toyal securities corporation into the United states Fin Field is indicated in the announcement of the incorporation of a company under new Yorac state Laws in Der the name of Agency of Royal securities co portion Canada limit the folic is of the new Branch of who corporation have already been of Ned at Iso under the management of it. Oliver e. Hurd who has for Somo time connected the sales department of the Cor the addition of a new York office to its Canadian British fact Juk s has Boen rendered necessary by the rapid of the corporation s american business the most recent evidence of which was its successful Jin Blic offi Riner in Tho United states. Its associates of the recent Issue of s5.5co.ooo the Bell Telephone com Pany of Canada 7 per cent Bonds. New York reserves Bros. Co. Pulp ber Mills had a record year in 1919 the annual statement of Price Bros co., manufacturers or news print Etc., for the fiscal year of thu company As compared with six or seven years ago the Finan 1 enl Community was interested in the merger of steamship companies in i Canada Anil the transaction was re carded As an important one. The i concerns involved included the Richilieu and1 Ontario the Northern business i navigation the Canada Interlake i line the Niagara navigation com Pany various others. In the line an important Steamer known As the Grant the business Man is for whom this vessel was named is. O As is Well known the moving spirit in. At the present time in a considerably at Moi a important amalgamation. Ten years ago their was incorporated under the Nova. Scotia companies , the Dominion steel Cor this concern controls the Dominion Coal com Pany the Dominion. Iron steel company the Cumberland railway Coal company Etc. It has total assets in excess of is the most important single Industrial establishment in the country. The Nova Scotia steel Coal company will this year present its twentieth annual report. It has very valuable Cape Breton so close to those of Tho Dominion steel corporation that no one can Ever Tell those of the company end those of the other concern beg in. It has total assets of about j it is now announced that arrange ments for the merging of these three important can afian corporations1 have been completed. For a Long time it has been regarded As inevitable that a merger would be a i him j ranged 1 or the two steel companies. Luii1 in this Union it was thought Likely that the steel company of Canada would be included. The latter organization was not secured to the Surprise of almost All canadians the steamship company was obtained. The beginning of the War the interests of this latter concern have been turned to a considerable extent to the o Atlantic the Vest Els will be needed by the new or Honor Westerner hanging the in which several girls in the costume of foreign Worsen took part was presented. The Ole of. Tie medical Mission Ary was by miss Harper while other parts were taken by misses Lily Atha Mildred Nichol Lydia Davis Ivy Walker Beatrice Holla Heather Walker the negotiations Between the elec Trica workers tie Manitoba telephones commission a new wage schedule will be continued to Day. At a meeting of. The electrical workers Union at the labor Temple yesterday it was reported that no settlement had been reached at re cent conferences with the commis Sion. 740-Somerset building to 221 Heder Mot Avenue. The Headquarters of the provincial . Organization have been in Somerset building since March 1912, when the former office with 02 Scott Block were destroyed by fire. The new quarters will permit carrying a larger Stock of supplies for the growing demands of sunday Provin Cial. Under the auspices of St. Alban s ladies a May Day fancy dress carnival card party will be held in the Parish Corner of Osborne Street this evening. Music will be furnished by plants i orchestra dancing will commence at half past nine. Prizes will be awarded for the Best lady gentleman comic costumes to the win ners in the Waltzing Competition. Refreshments will be served. Manitoba the real property act land titles office District of _ the tur responding of animation. For the transportation of figures for the previous year is in part the products of the Canadian plants. I to Europe. The tendency to the merging of i Industrial plants has been greatly 11 000 i strengthened throughout the world i by the action of tie Industrial Lead of Germany. From that country 130.000 the spirit of amalgamation spread to 7s1.121 j Britain its influence is now be of the profit in loss account a i the close of the i it t m follows 1919. Profit for year interest each. Interest on notes dividends. balance k3.s84 the amount at credit 20.000 whites1de elected president of the Canadian mining Institute at Tho Aat annual meeting held in Toronto manager of in Ter Nationiel Coal Coke company Coleman Alta. And president of the Western Coal operators in. Tion to being widely known As a col Lier Engineer manager he has prob Amy been filling prominent positions in the mining Industry of that province that embraces the Domin Ion s greatest reserves of Coal longer than All others. Or. Is a charter Mem tour of Che Canadian mining arid has always taken the keenest interest in ilk affairs. He has been a member of the coun cil for Tho. Terms 1910, 1di2, 1914 1910, has Boen closely connected with the activities of the Stocky Mountain of which he was one of the original organizers. He u As also one the the Western Coal operators association which was formed a bout fourteen years i ago was elected president of the association this year. Final documents in the k. B. Rus sell Appeal Case will to prepared by May 14, to. H. Trueman k.c., announces when they will be presented to Hon. T. H. Johnson attorney Eren eral of the province. Or. Trueman will leave Winnipeg on May is. To sail on Tho . Mauritania from new York on May it was. Announced. Or. Trueman said he hoped to hear from a on. C. J. Doherty minister of Justice before he sailed for England. Caveat taken forbidding the same or tenders for Hub spigot vitrified tile pipe Ivill thereafter be forever anti c h o r c0 6 Era t d s o it Kos of 15 Curmania May 10 debarred or in respect Harry c. Laird arrested stable Thomas or Esrov. Pleader guilty in police court on saturday to having driven his Auto on Portage Avenue while intoxicated. Friday night. He was fined costs by sir Hugh John Macdonald with the alternative of spending three months in jail. On. A charge of speeding to which he also pleaded guilty was allowed to go with a reprimand. The offices of the religious Tion . la new 1 oui Lluhi Loung am i of Sou l Fla Mlton "5fji Tribune building. I Mauret Nln May Imperator june i 17 j scaled tenders will be received by the commissioners of the greater Winnipeg water District up to 12 noon on Wei i Erduy May 5fn, 1020. For the Supply . Of Hub spigot tile pipe. 21120 feet of a Nch j diameter feet of a Inch diameter. h. Ashdown. Of import nor Atiim. 1-r n13w i oink Plymouth. Southampton Kyi. 13 Kri. Gun birr As Kyi. 28 Kyi. It Orice Kew Morille ii2 Columbia 3 Coln bib Only 31 Columbia new finl London in Ronda 22 cd Ronk june 50 Mouth Leal Glasgow Toms Pindru May 29 Saturnin 12 cuss trim 3 Montkeal-bh1stoi. Dated a at the Titi a offic seventeenth april . 1920. 15 land referred to _ Council have been moved from. 32 Lull uppity 1u 1c.u. Usual year in 1919 was the business of i ice Bros co. J has been in existence for More than a i Century. The paid up capital is 55.000. 000 More than half of which is held by j members of the pries family. Tha i company controls about live million i acres of pulp land with lumber pulp paper Mills Etc. Sir William Price is the president. In Tho no jury a quoted above Tho in Terest includes the deduction for the sinking fund. The last of the serial notes on which hints rest is nor paid mature in july of 1921. The insures Keven Are for Tho to so a period ending on february 2s in each year. Wetr York May actual Condi Tion of i Jatsa Riiff House Banks Trust to of pennies for the week shows that they hold s30.s39.1go Reserve in excess of Legal requirements. This is a decrease of from last week. Foreign Money Vork. My Exchange Oasis. In o7s for sixty Day Bills at "s3 of. Pmj c dollars 51.00. . 10.72 cables. 3b.7h. Marks . 1.73 cables. 1.74. Buying Lackawanna Charles Schwab mentioned in con j Keetion with big . Steel merger show continued increase in sales complaint being shortage in supplies. Manufacturing centres Are very Active prices for fall orders in neighbor Lio ocl of 25 per cent Leigh a than same lines for this Spring. Retail Trade is improving although weather is still unsettled. Toronto reports wholesale grocery Trade Vury Good with prices term. Dry goods Trado fairly . Manufacturing Are operating to capacity Scarcity of help reported. In the j retail Trade grocery business is very i Good. Spring Trade is however Somo i what affected by continued Cool weather. R. I Hurt by backward Spring Canadian wheat Board announce i isl l Iveth delayed Haipt Rencs owing t j Many washouts on railroads. He Tail business is also about the average for t the time of year with bus Tiess i the Sain of Spring goods some shut do i played on account of backward Spring. I this also up leis to Tho Keff iria area. 1 Patrun of in Southern Alberta is about to Start but the up runs is very late extend privileges buying seed wheat Price of Good up to Midnight May 8 in View of Tho late Seedin Tho Canadian wheat Board in the Northern districts be con Mew York 2.__reports that i Luu wheat Ozara have an sic Lerable time before operations can Bethlehem steel steel noun the Extension of the privilege i commence or. The land. Warm weather form the Backbone of a Supre in Rte punch Nimg seed wheat for ?2.4u Oer pendent steel merger have been going i to Mun Light of May s. The the rounds of the commission House s for Reada As follows several Days although no official Midnight May St. 1920. The announcement has been made it is be j of wheat grown in Tho provinces heed that the Nef rotations to this end 01 Al Are under Way. The Street has guessed sold locally from country Eleva guessed a Jessell As to what is in the province for use As seed going on in connection an inde therein shall be 52.45 per Bushel basis pendent steel Meffor. Practically every j n9 j Northern in store Public Ter corporation in the business has been i Levator a. Port William or Poi to mentioned denials have been re Ariler licensees of the Board corded from Midvale Republic Uch wheat shall pay to Tho several others. On the theory that Board the sum of 30c. Lor each Bushel where there is some smoke there is i bound to be some tire Tho Rcpt it that is very desirable in that District. These conditions generally apply to most parts of Tho West although re ports _ say tint in some parts seeding will commence next week. Home Bank dividend wheat sold. Bethlehem . Will merge i non in int finn Blyn credence Sene Raily , department of mines i been current that Lackawanna be taken at a parity with Beths. A be taken at a parity Bethlehem s a Stock. In irn Nunn non assays Rinio 1v1inf Forf Ohio a till Llly r increase your income half ton non selected Ore runs the period reconstruction is on the production in nearly every line of Industry makes the buying of Staple stocks a sound investment. We till be pleased to give you the Benefit of our advice when you want to Purchase. Our partial payment plan permits the Man of moderate Means to Purchase Good dividend bearing stocks with a Small Deposit per share paying the rest of it in monthly instalments. Explanatory Booklet will be sent you on request. Clark Martin investment brokers Lindsay building ground floor 337. Garry Street Trade with France the British chamber of Commerce Paris is composed entirely of British subjects firms possesses a powerful Canadian Section. It puts its members in touch with. Suitable agents. Obtains information on the commercial stand ing of French firms. Supplies exact customs classification of goods. Notifies changes in French customs duties pro posed commercial legislation Likely to affect special trades Etc. Communicates inquiries from French buyers of British goods. Gives commercial statistical information of All kinds concerning Franco British Trade. The foreign Trade department will Supply on request forms of application for admission to membership in the above will Forward the completed applications to the Royal Bank of Canada France for transmission to the chamber of Commerce. to the ton an interesting valuable Docu ment has recently been received by Ino Bingo mines ltd., from the department mines Ottawa. J. Myers managing director of the company when interviewed in this connection stated some time ago a special party of mor. Were sent to the Bingo property to take out half n. Ton of Citi Artz f r special test. Every precaution was taken in this connection. A com missioner was sent in to take affidavits to the effect that the Ore was from the main vein of Tho Bingo that it was not selected or picked but that it was a True Sample of Quartz Cut across the vein from Wall to Wall. This work was done under severe quarterly distribution will be made As usual on june 1 Tho directors of the Home Bank have declared the dividend for the Quarter Endl Nof May 31, at die rate of six per cent per annul. J during the most of the War period the Home Bank was on a five per cent basis. In the lost Hyscal year of thu institution live per cent was paid. The fiscal year of the Bank ends with the close of the present month. In Tho past few years deposits have increased As follows year total deposits 1910___ .____i_____._.5 1913 ._._. 101g .-._. 1d17 ._. 12.m0.41s 1818 .-. New York briefs. An association of Stock Exchange firms is considering the formation of a surety company of its own following Tho refusal of three companies to re new policies covering loss through Thoft of stocks. President Wood of the american Woollen co., denied the suggestion that a company has charged excessive Pricell or ginned unreasonable of excessive profits. Dow Jones co s tabulated history of . Steel shows an increase of Iso per cent in capacity in working capital since organization with an actual reduction i preferred dividend interest obligations indicating that the common Stock i s sell ing far below its intrinsic value. Sir Auckland Geddes British ambassador to ., before chamber of Commerce of ., says we must assist Europe on business basis or be confronted with Europe s troubles Here. Climatic conditions the Ore was freighted out by doer teams to Hudson Bay Railroad Ana then ship Ped direct to the department of mines Ottawa for assay. The reasons 1 or forwarding so Largo a shipment to Ottavia was that we were anxious to ascertain the value produced from a Mill run of halt a ton of non selected Ore As compared with a Laboratory assay of a few pounds of specimen Quartz also the tests being conducted by the Hig Hest authority in Canada the department of mines Ottawa the statement of value would a authoritative irrefutable. Hundreds of bicyclists Tho a to recently received a full re Jority of them schoolboys out port on this shipment from the de 1920 licenses at the civic office on apartment of mines the assay saturday gives value in Gold of Over 5110 to ski Jung Exchange. New York May of Banse easier today for demand s3.s3 for cables. Canadian Dellara quoted at 90.25. Franca demand 16.72 cables 18.70 lire demand local. Notes. The ton. With regard to the development work the company has the services i of experienced engineers mining men. Work is Well in Camp Der Way on the property buildings Are completed work on the j saturday. Shaft has commenced . The Neces i machinery to keep the property three suits of overalls were All that were visible saturday morning on the. Trading floor of the Grain Exchange although nearly 200 traders employees of Perrain firms had agreed to Wear overalls commencing _ All the summer is in Tran sit to Tho Camp. The organization of Tho company was completed late in january o this year within 60 Days development of the property had commenced. We have every reason to be proud of this record As it serves i Mason alias Colo pleaded guilty in police court on saturday to being a vagrant. She sentenced to six months in jail by sir Hugh John Macdonald the warrant to be held until monday night to allow her to the City. Res Aalto driven by George to Shuw that not Only have Tho pub 122 Lydia Street was Trade malt. Badly appreciated the methods adopted ased on saturday when a run i by this company in publishing All team smashed into it on main h acts in connection with the propose i Street Graham Avenue. The horses lion by it also illustrates that the were attached to a Dumn Waje on the invest nor Public is always willing outfit be Najj owned by g. B. Cham ready to subscribe capital to any i Herland d5 Laver end j Enterprise that is based on sound Boniface. I business principles. 1 the directors of the company appreciating the excellent support been Given them by the w hath Abb Export intr or importing the first Esle the Aea Istance q Baak wit ii world wide Affili Tedoco. Throw sri our foreign depart ment producer trader can reach out to All the markets of the Globe. Union Bank of Canada that has shareholders realizing their d Tiit ional grave applying Public Money in developing the property Deci fled to make a fur Thor severe test of the Ore values that would verify Al previous reports which would satisfy the most Busy in the East credit men s association reports on in the provinces Winn pee april from All parts of Canada received by the can Adian credit men s Trust association indicate an improvement in Trade Fol Drye Street St. Angrus Mcdonald 651 Sargent ave nue was fined s380 cos i a. Mclntosh Adam Wilson there fined each for violating the Temperance act by police Mas is trate Macdonald on saturday. They paid. They pleaded a guilty to having liquor in a Public place. George Laporte. Who pleaded a guilty to three charges of theft a of Khop breaking. Was sentenced to six months in. Jail by sir Huyth Macdonald in the policy court saturday. A Large Quantity of the valuables he stole have been recovered. Laporte was arrest to by detective Ernest Betteridge in a room apr House on Kennedy Street a week Ajro. A main r. H. . port age a ve., Cor. Garry branches in Winnipeg have. I if Ejon so w activity in wholesale manufacturing quarters average business Winnipeg reports indicate wholesale up average of 1919, but Tho Handicap of. Difficulty in obtaining goods especially in dry hardware. Retail Trade is normu.1 reports on collections conflict tar some reports stating very Good others to the contrary. I Montreal states that wholesale Housea provincial police John Dineen m. L. Mcphail found 35 bottles of liquor concealed under Neath a cupboard on the mrs. Piaso Soltroff. 553 Herbert ave nue. As the House is part y a store the woman has been charged with keeping liquor in a place other than a private dwelling House. Yesterday was missionary Sun Day in Emmanuel Baptist sunday school. During the afternoon All the departments of the school assembled in the missionary hymns i there Aung a pageant entitled Europe Al Vejl. Cora can Ellilu month Salto a a tue 13 maj 5 june 3 Juno 5-july 10 july a auit. Ii july is aunt. 11 Man Neiloa Sion bal to Glasgow 19-Juno 23 18 my 28-.1niy b july 31-Stpt. 10 a twirl 13-july pit . Of a Lilwid Alene Canadian pac3fic Ocean service s a. A nth. Or to office. 6cott Block. 27fl main St Ket. Winnipeg. A 100 containing nearly openings at various Points on Canadian National railway lines Between port Arthur ont., Victoria . These open Ings include almost every line of business activity several Hun dred persons found satisfactory locations through the medium of the . List during the past Advt. Harry Totz Painter Miike thai Mechanic both of Tho cite of , in the province of Mah Tobl k Seal a a Toba. E. D. Carey. Deputy District registrar. Per to White d o of a 1 pm i Montreal. Qty Bekc me Pool 25 Meira nuo july 20 White Star line new toll i rvs Lpool w 18 Chi tool is a Tow Sokk Soutua Mito a is , s july 8 american n y i South Mattos trans Canada limited exclusive sleeping car train replaced in service May first train passes Winnipeg May 4th. Westbound leaves . Daily eastbound leaves 6.25 . Daily 10 hours to Regina 24 hours to Calgary 49 hours to Vancouver. The Quick Way to Ottawa Montreal All Eastern Canadian . Two other daily trains de luxe sleepers if unexcelled dining Cak service compartment Library observation cars Canadian Pacific railway let us plan your trip Dominion made in Canada Raincoat s give you popular styles at popular prices the enormous increase in the demand for Dominion Rayn sters has made three things possible. Greater variety of styles patterns from which to choose wider Range of prices. For Spring Dominion Rayn sters offer a Complete line of new models at popular prices As Well As a More extensive assortment in other grades. Dominion Rayn sters Are for every member of the men women children. They Are Canadian made by skilled Canadian hands. They Are smart give you just double the service of the usual coat because they Are absolutely Waterproof. Of the Dominion rubber system is in every garment As an Assurance of Quality workmanship satisfaction. Sold by the Best stores throughout Canada. Wanted fishery overseers live in for provinces of Manitoba. Alberta districts North applicant be residents o the provinces of mad i Loba. Alberta. Saskatchewan or i districts North thereof. i school ton general knowledge of fisheries Prience in detailed knowledge i kilns methods ability to reports. U forma May be from the offices of plications must be filed in the the not later than by order of the commission w. Fok Secretary. Ottawa. April 2s, 1320. Sealed tenders addressed to the under signed for ail materials labor r quire alterations to Hospital Jiuji lungs for conversion into bar Actu at the military Hosy Itai Centre Tuxedo. Will be received until 10 o clock . Friday May. 1320. And specifications can be form of tender All information obtained at the address stated below. Tenders will not be considered made 01 the forms supplied by the at i apartment in accordance with the conditions set Forth therein. Each tender must be accompanied an accepted Cheque on n chartered Bank payable to the order of the minister Public works. Equal to id Ner cent o the amount of tender. War Bonds of the. will also be a a edited As Security or i Jones if Evju Iraj an ski Anio unt Winham Morley. Superintendent of military hospitals. 631 notre Dame investment building i for department of Public Dominion government. Tenders for i Supply of groceries sealed tenders addressed to the chair Man. Committee on finance will by is received at Tho office of the undersigned up to 3 o clock . On Friday May 7rh, 1920. For Supply of groceries for f Relief purposes for a period of 6 month commencing May 15th. 3920. L a list of provisions articles quire form of tender May be obtained at the office of the social Wel fare comm Salon. New civic office i Bui Miff in rear of City Hall. Simple l of the various goods tendered on must i be submitted to th.-, Secretary of social welfare commission. I each tender must to accompanied it an accepted Cheque or Cash Deposit of the sum of in accordance with lilt provisions of the cite Byl aws. J right a reserved to reject or i ail tenders or to accept any bid May appear to be advantageous to tit City. It. Peterson Secretary. City clerk s office Winnipeg. Hay 1, 1920. Tenders for Supply of bread tenders addressed to tie chair Man committee on finance will received at the office of the undersigned up to 3 o clock . On Friday mar 7th, 1920, for the Supply of 50.000 ;