Winnipeg Free Press

Winnipeg Free Press (Newspaper) - December 17, 1920, Winnipeg, Manitoba 16 Manitoba free Deci Jelmbe Send a Victory Bond As a christinas gift forecast future trend of Trade senator Penrose thinks decline fill go dividend will be paid senator Boies of Pennsyl made a statement yesterday in which he indicated that further cessation in activities in the manufacturing centres of the United states wan owing to the inability of the people of Europe to buy larger quantities of United so Tate he anticipated that Money would be that there would be considerable and that prices would decline after the readjustment Normal conditions would return with great opportunities for ambitious senator Pentose is chairman of the finance committee of the he anticipates that the excess profits tax will be abolished by Sears Roebuck there has been discussion in Tho press with reference to the position of the Bier Sears Roebuck enormous mail order establishment of the the Al Bert said that there was every likelihood that the dividend due in february would be the common Stock of the company is and the dividend rate is 2 per to pay the dividend for the Quarter takes a million and a tax in addition to the repeal of the excess profits tax it was stated that the Federal government would abandon some of the special taxes and would reduce the heavy surtax on Large to compensate for this loss of the government make drastic reductions in government new protective tariffs will be was perfunctory Wall Street trading was in less volume Clark new on the Stock Exchange today was perfunctory to an unusual the greatly reduced dealings representing Little More than the efforts of professional interests to strengthen their position on the Short Side of the these manoeuvres were moderately Suc sofar As they had to do with issues of the speculative or volatile in other notably among High Grade rails and not much headway was constructive elements again were wholly aside from the relative steadiness of Money rates and the sur prising of the foreign Exchange especially but these were ignored and played no part As helpful a very Large proportion of the Days trading was comprised in less than half score of notably United states Crucible mexican Petroleum Andl affiliated except ing Southern Pacific dealing sin rails were with an Uncertain the Bond Market was More Active than at anytime in several but the tone was both As to Domestic and foreign including the Liberty group Par aggregated old Bonds were unchanged on steel merger gossip maritime Nail works will probably be included in amalgamation the Board of directors of the Dominion steel Corpora which was in until late yesterday will resume lie deliberations As Roy the is sailing England in a few and will spend Christmas Day on the there is always the possibility that an announcement of re arranged merger plans will be delayed until he has consulted the London interests in the British Empire steel Cor it is not known whether president of Canada steamship who is Norf in will participate in the or it is under stood that Norcross health is not and that he is anxious to obtain Relief from business cares for a will not be it seems to be generally conceded now in the Best informed circles that there is no Chance of Canada steamships and a number of Allied interests being included in the there been a slight variation of the recent Street gossip about the concerns to go the idea has Bee that it would be a three cornered including the two steel Dominion and with Halifax the latest Rumor is to the effect that the maritime Kail at of which Stanley is the will be absorbed As originally so far As its capital is concerned this concern is a Small one compared with itis expected that Wol Vlf will be la for a couple of which will extend his return to Montreal into the latter part of elects new members Stock Exchange admits Williamson and two new members were elected wednesday to the Winnipeg Stock these included West Ern representative of the firm of Gundy of and Joseph of the firm of Strang Snow of the Large voluble business 4n Victory Bonds has added to the interest in the Winnipeg it is also anticipated that next year there will be an increase in Tho general business of the local members of the Exchange seem fairly unanimous in the belief that there will not be any further recession in the prices of but that on the other hand there will be some especially As the Spring at the present time there is Little Bank Money available for i Bank of England weekly state of the Bank of England shows the following changes total Reserve increased circulation increased Bullion increased other securities increased Public deposits decreased other deposits decreased notes Reserve increased securities decreased the proportion of the Banks rest save to liabilities is last week it was per hate of discount 7 keen demand Fob Winnipeg stocks listed ask fire Empire loan it life 210 loan 65 Home Union Bank of Canada 140 i Winnipeg 32 unlisted Nat 60 Crescent Creamery 90 traders Western grocers 71 North Star Oil 37s North Star Oil 500 War 1925 91 91 1931 90 Sovi 1937 9314 Victory 1922 97 192396 97 1927 96 96 h 1933 95 95 v 94v4 1934 93 War at at at at 700 at at 100 at 1927500 at 200 at at boo at 500 at at 95 95 at 9s by at at at 300 at 200 at 1000 at at at 100 at 250 at at at at at Soat Montreal stocks Mcdougall and Macdonald is Viz s4 say the buying of Good Bonds and stocks is the Ibert we seen in Many is very apparent that shrewd investors Are securing seasoned securities at present Asbestos Asbestos sugar fish Bell Brompton car steam steam Cement Cement Bridge Glass Detroit steel textile Smith Lauren tide of Woods Montreal Lyall Quebec Riordon v flour smelters Spanish Spanish steel of Canada Toronto rails Way Agama Ivor 1931 Victory 1922 a it Zize Royal Union Mol sons 54 93 93 22 22 37 v4 37 102 102 31 31 54 83 v4 43 67 59 89 55 92 59 89 55 92 59 59 44 44 21 37 102 30 51h 35 62 59 89 55 104 104 103 92 its 4714 too 40 20 140 103 92 78 too 40 21 140 102 91 77 102 102 1 h a Clark Martin Stock Bond 2 w securities bought ant old on conservative preferred securities bought on partial payment weekly Market letter and monthly analysis of Canadian stocks on 232 Portage Huron and Erie phones Montreal dec at at at at Brompton at at Cement at at steamships at 40 at 25 at mining 35 at 1614 steel 110 at 2 at 25 at 75 at 85 at 50 at 75 at 10 at make your sayings account a first charge some people habitually spend salary or rely on having enough to Lay by at the end of the difficult plan to make the better Way attend to your sayings account and make what is left meet your this company receives sayings be ginning with sums of one Dollar and interest on such account Sis allowed at the rate of four per per Call and open your account National Trust company limited 323 main Winnipeg 86 93 60 54 88 90h 90 94 97 193 141 170 86 93 60 54 88 s0 94 97 100 40 139 101 16 85 90 59 53 87 90 94a 97 a 9svtt 95vt 193 141 170 193 141 170 close 20 55 re 21 37 102 30 51 35 62 89 5st 92 75 95 h 42 103 91 it 135 77tf 46 it 19p 100 40 21 133 68 101 16 8 90 5p 54 87 90 97 96a 9794 97a 9514 193 141 170 sir Arthur Currie who was a few Day Sago chosen a director of the Bank of the Board of this institution now consists of eighteen members sir Gouin was chosen a director at the same 7 43 24 82 50h 6114 70 to 4214 23 51 i 78 29 49 59 h 58 it 36 Montreal notice of annual meeting head office Winnipeg notice is hereby Given that the annual general meet of the shareholders of the Union Bank of Canada for the of directors and other Gen eral business will be held at the head office of the Bank in the of Winnipeg on the 10th Day of the chair taken at twelve Oclock by order of the general november 156x111 at 85 Lauren tide 7 at Spanish River 25 at Montreal Power 7 at 50 at 77 breweries 60 at 47 Howard 140 at 10 at 102 Penman 25 at Price 1 at Peter Exall 25 at Quebec railway 20 at 20 paper 75 at 140 10 at Spanish 105 at steel of 245 at Toronto railway 45 at 35 at War Loans 300 at 600 at 700 at 100 at 300 at Banks 26 at 193 1 at 55 54 Bell Telephone 31 Brompton paper 52 Canada Cement 59 of electric Canadian convert 85 40 37 3754 35 w consolidated Dominion Dominion 44 Dominion textile Lauren tide Spanish River 93 92 Montreal National Howard Peter list Tell Quebec Riordon Spanish 86 50 of 60 Toronto railway Rapaga Macc 88 War Atlantic Newroe stocks 26 30ft 10ft 34 26 30 4214 23v4 51 29w 50 59 it 69a 38 78 26 34 35 it 7 62 45 h Iba 46 85 112 54 51 50 49 49 20 49 8614 33 35 a 61 46 1844 46 85 it trans cont Texas co42 Petroleum 24 steel Bethlehem b 51 Crucible 81 it and 70 Sloss Vanadium 37 steel 78 and Midvale 30 rubber Fluke rubber Goodrich 34 Kelly 36 rubber 63 sugar cuban Cane 20 Punta 48 85 tobacco Amer 70 to tobacco 111 cigar54 54 54 metall stores 52 52 Fil products 50 50 at miscellaneous Stock Gulf 107 106 107 Allis Chalmers 29 Sou 29 30 37 37 37 37 linseed 53 53 52 52 Union 66 can 23 23 23 coca cola 20vi 20 20 11 10 10 leather 36 36 35sv 35 65 65 65 textile 18 Johnson 52 52 5s 52 player 49 49 48 48 electric 120 119 96 96v4 95 96 alcohol65h 64 Nickel 12 12 paper 48 48 48 12 11 48 49 nor Ore 26 2614 26 Pun Woll 32 31 sheir 39 38 food19 19 18 pump 40 40 39 Westing House 4114 41 41 Woolen 62 62 61 total sales i 6 per Bond Clark new of the Day were quoted at the close As Fol lows cos Init Price 4844 11 48 26 3244 38 18 3944 40 62 big financing financing in York this included the Sale of Worth of Bonds by the Cerro de Basco cop per company Syndicate Tiea ded by the and the Sale of in eix per notes by the United drug company to the names of the members of which were not a noun the assets of the United drug company Are in the neighbourhood of the company controls the Liques Liggett which operates Many stores in this coun the assets of the Cerro de Pasco Copper company Are about the the properties of the Copper corporation Are in the Andes mountains in Oil companies Are pre paring to obtain the Standard Oil company of California offered ten year seven per Bond through William read and of new the Standard Oil com of new York is to offer 30 seven per debentures at Par in the near this under the is a Clear indication of the present Cost of local conditions with reference to the Money situation in Western Canada the state ment was made yesterday by who is Active in the Mange ment of the local Stock that the business in connection with that institution did not indicate that there was any great Scarcity of Money on the there seemed to be no limit to the vol ume of funds which were brought to Light when attractive offerings were Billett stated that the situation with reference to Victory Bonds were very satisfactory and that there was ready absorb Tio for All with a demand for the extremely High Premium on United states funds made these securities attractive to the United states the lat Ter were taking Bonds of Short main the expectation that when these were payable the rate of Exchange would be much More nearly no fear is expressed Here with reference to the future of Market for Victory funds High of 17 38per the Market was narrow Nadjem Khz Aslzee the penalty Canada has to face i her Adverse commit ments have to the smaller periods of exports flow unevenly the Condi Tion brings about undue influence in the says the Montreal Gazette financial adjusts arrears Large percentage is arranged for Canadian car Canadian car and foundry 22 per was declared in full this afternoon of arrears of accrued to december 31 to holders of Stock record december 24 in interest Prin is payable with interest at 6per payable june 24 and december other dividends la 3 per Quarter ending january payable february record january Dominion Coal pay Able february record Jan Dominion steel corporation 1 Viper payable february record january Shawinigan water and 1 per Quarter ending december pay Able Stock record december Renfrew 1 per pay Able january 2 record december Woods manufacturing regular quarterly1 per payable december Ottawa heat and 1 Viper december Union Oil subsidiary concern elects directors in new York a meeting of the Pix re of directors of the National exploration Milton Beaty elected the office was made vacant by the resignation of who elected president of the Union Oil the new Vic presidents of the National were elected Hillman and the which is affiliated with the Oil of was organized in october of last since it has acquired considerable Valu Able acreage in new Texas and a few months ago the National embarked upon an aggressive drilling which la having satisfactory the break in Exchange new York thinks the fall May be artificial new sex in Newyork took another Down Ward move sales being made As High As 15 per discount in financial quarters it was believed by some that this condition was artificial and the result of financial Tho suggestion being made that it will results from Canadian exports of wheat to this at the close the discount was quoted As is per metals new Copper electrolytic spot and nearby 1z to 14 first to 14 tin easy spot and nearby to futures to Iron weak 1 2 Northern Southern to Antimony to Lead spot to East Louis spot to at Standard Copper spot 7s 6d futures 7s 6d is futures Lead 10s futures spot 15s futures due 4s due 193247 2nd 4s due 192742 1st due 193247 due 192742 Solo 3rd due 1928 st76 4th due 193336 72 due 192223 00 due 19222395 no Canadian War follow nor were the bid prices for Bonds at the close of the Market bid War 5s due 1925 War 5s due 1932 War 5s due 1937 5hs due 1922 Victory due 1927 she due 1937 due 1923 due 1933 due 1924 due 1934 new York Money on Call demand Sterling on new York funds foreign the United states Dollar was for Sale at the Banke at a Premium of 17 the British pmed was for Sale at the Banks for Normal Tirlee without Bank charges the Money of the countries of Continental Europe was for Bale at the follow ing prices in Canadian cents Days Normal French franc franc Swiss franc italian lira greek drachma norwegian Crown danish Crown swedish Crown Crown German Mark Spanish peseta dutch Guilder Price Price unlisted Bank the following Are the Bank clearings for the principal cities of the Dominion for the week Toronto Winnipeg Vancouver Ottawa Calgary Hamilton Quebec Edmonton Halifax Reginai John Victoria Saskatoon jaw outran Ford William Lethbridge Medicine hat new Westminster Prince Albert Monston Sherbrooke Teterboro Kitchener Windsor Hammond and Nan Commerce 185 Dominion Hamilton merchants Montreal Scotia Royal Union see 192 176 188 174 253 193 179 160 141 Premium higher enter Estaa today in the new York buy Bonds we own and offer government and municipal Bonds at ipe ices to yield up to province of British Columbia Pacific great Eastern due Price yield Edmonton school District 7 due 21st 1923 Price yield City of Nanaimo due 15ta yield we buy and sell Victory Bonds Are you on our mailing list Royal financial corporation Ltd Rogers branches permanent loan 201 16 Eldon for Christmas v a Victory Bond for every member of your household Gethart Eulara of various from Hammond Winnipeg Abi Tibt sales Ashdown Copper Stock new 40 39 Victory Bonds bought and sold Baird Botterell members Winnipeg Stock 301 smelters Superior Anaconda 36 36 35 Corre de 25 26 25 inspiration 30 30 16 16 Utah coper50 51 50 Railroad Atchison 8014 79 o 32 32 32 a conc 112 112 Central 68 69 o5714 did 7314 75 Pacific 17 h 17 17 Pacific 76 77 Penn 39 40 Pere Marquette 1614 16 Reading 82 82 Rock Island 25 Southern Pac 97 98 Southern ry20 2o Paul 27 27 Texas Pacific 17 s4 17 Union Pacific 115 equipment f 122 122 120 121 81 81 81 81 87 6814 56v4 73 16 16 75 16 24 96 20h 26 17 5 30 16 32 112 6814 5614 16 76h 16 82 24 96 20 26 17 11514 december Pattison members Toronto Stock Exchange and Montreal Stock 106 Bay furnished the following approximate quotations i Brit 6s Crocker 6s Westinghouse Cockshutt Collingwood ship life 17ko 2s Crown Jfe 1750 2500 81 Amer bad win Loco Haskell Barker pressed steel motor Bosch it Agneto Chandler Pierce Arrow Carburettor Studebaker White motor Fillyav motor invincible mexjetrol164 Middle states 12 phillips28 pan american Royal dutch s6a Sinclair 24h 87 5414 86 80 Dom Dunlop Dunlop tire 6s Eastern car 6s famous players Goodyear tire Ironside fare 6s limited Harril King loan savings life Maytag am Maytag am Massey Harris mercantile Trust Northal National North n Ontario Peoples Ijomah Stock new Stock 2114 166 162 1644 12 11 12 28 29 10 1014 774i 77 56 5414 56 sea Simpson Southern Power Southern Power Sterling Bank Sterlyn Toronto Toronto Trust Cigar Cigar Western Western Western Whalen 9000 7soo i 20 00 i 2350 8500 miso 3200 7000 no Stock Exchange Here will be closed and 27 and january District Mam Industrial and desires to Lish Supply and Branch in Winnipeg require Man or ins agents approved ability experience find wide acquaint Able to financially ize and manage this u an exceptional address Box Elkhart Strang Snowden 428 main pay Cash for Victory Bonds and offer Assiniboia Bonds at a Price to yield notice of exercising Power of Sale of the a said David and dated the Iessi Opal ocal Jacii Tlora sixteen ire rep the m of coma Oloc under oct a verb Wresl Ywe Sei thai Day of As no securing the payment of seven s dred and fifty 7so dollars and Inte As therein mentioned of following namely All singular that certain parcel of land a premises lying and being in to Hack and being it in the land to Lei s plan Dlf amt Haisl been Najj in payment of the principal and i secured by said mortgage for the of Over one Calendar month Ney a Mon s and take notice that unless payment apply f the mortgage Money arid it a Erest be Terest be made within one Calendar at a e Mai j v said David Philip will proceed with or without any cons or concurrence on your part or of any1 person claiming through or under Yoi subsequently to such and without any further notice to Jou to enter into Possession of the said mortgaged lands and and to it chive and take the issues profits thereof whether in or pm u of Possession of the to make and event lease or leases of the same As the ten air David see flt and that of Eull All remedies competent shall be resorted file of to unless such default is and after such default in payment u n Paymen continuing for Tow further space of Oij All Tod As aforesaid the said Day will proceed to sell the mortgaged or or any part i thereof and All or interest therein of the Mortgagor and of Alt other persons having acquired any iat Terest in said lands subsequent to Gist ration of said mortgage in i manner and upon such Terras As said David May think flt to the provisions of the property and take that m the event Sale not realizing sufficient to the moneys secured by the said Gage together with the expenses Occa alone by such then Salt David after default Shab have continued for six of Titis after the time mentioned in mortgage for make an appucatiob111 writing to the District registrar of land titles District of for an order for dated at Winnipeg this 29th Day or David Philip by Phillipps his Solicito Jurther carlot c notice of Dou bylaw Public a Dolce is hereby give that Law which provides for the ing into of the Manitoba Hall insurance act in the will in requirements of the act and of i bylaw be submitted to the duly Quill Floetl electors entitled to vote thereon Indira the provisions of the said act for Vouwie for and against bylaw on Trail Day the 31st Day of and Between the hours 9 Oclock la Forenoon and 6 Oclock in the afternoon the following places Ward subdivision news alb Ward subdivision Copal 171me a Ward subdivision Fuchs Ward subdivision masons of a 32204b1 at noon on the 22nd Day of at the office or the the said municipality at Village of the final summing up the votes and against said Byl will take the Reeve will the office the Secretary treasurer on 20th Day to appoint persons respectively for against the said bylaw to attend or the said voting at the said poll Niepel and also at the said final Summit he thbatede8at Olill this 80th Day onto Deri s Secretary treasurer of Rural Murld it of notice Ual Tajc fort Garry District 2047 notice is Gay by Council of the Garry by bylaw 392 has the submission to the ratepayers Centiu to vote thereon of the following by of the school District of fort Garry 2047 bylaw 1 to authorize the rowing upon the credit of the f District of the sum of fifty dollars and the issuing of lectures in the same amount for Ibex Ose of purchasing school Sites and f no two school the voting on said bylaw will place on the fourteenth Between of 9 Oclock in the Forenoon Emo n the afternoon at Tho follow lne poll 333 main we Deputy return lab of fort poll Corner of Pel Way and Merriam Deputy returning Sidney municipality will j Point at 2 Oclock in 13th Day of 1921 to attend at the Polline a final summing up of of the persons Desiro of opposing the passing of said Secretary treasurer of the Man join at his office in the municipal on the 15th Day of Jan at the hour of 10 o the sum up thanum Der for and a Salust th6 said Date Dat Rort Garry in Manti fifteenth Day of reap the free All the ;