Winnipeg Free Press

Winnipeg Free Press (Newspaper) - December 25, 1920, Winnipeg, Manitoba Money and business Manitoba free december urges members to be fully insured Iive organization reminds of duty to those dependent on their efforts retail Trade has been very Active rails forfeited 1 to 2 aside Tytrom the later rallies were the Market closing with a heavy sales amounted to although Call Money More than ordinarily the rate held at 7 per that quotation applying also to renewals into next remittances to Paris and other important centres eased the Bond Market was but prices tended mainly Liberty issues showed marked the Wheten Erarte throughout Canada i aggregated Ben Active during last ten i old Bonds were unchanged on Call the Christmas brought Busy Days collections have in the wholesales the association it life insurance j Lien of the which is the largest j Best organization of the kind in i sent out a christinas Preot no to its seeking to make that nil the men who sell insurance should be themselves fully pro the circular which is Igod by of the favor a mortgage Goodyear tire people arrange for for new financing i of i the Goodyear tire and rubber j at their annual meeting Here t Foo j i voted in favor of a mortgage on the physical property of the company to cover the company new financing than a week states the weekly letter of the Canadian credit mens Trust Busy in groceries generally the report Winnipeg stocks listed Empire great West life loan trusts 11 n of unlisted stocks Home Hank of and Iron traders North Star Oil 2orth Star Oil r937 Victory 1923 1927 1937 1924 1934 200 141 96 340 96 95 v4 100 21 i 110 100 80 365 500 95 97 97 96 the Bank of Commerce shareholders of the Canadian Bank of Commerce West Are receiving atthe present time copies of the annual statement of the institution for the ended on the figures of this report must prove plea Sarit Reading for those interested in the growth of an institution which has taken so prominent a part for Many years in connection with the development of the do the report shows that cur 97 j rent Loans and discounts in Canada commercial War at Victory at at 50o j iq4iia2p at at at 96i fc00 at wholesale Trade is with j 86 it 96y4 3400 at All travellers off the Road until after u2 92 have increased approximately it is an interesting fact from 9 a Western Canadian standpoint that is by in creased assistance granted to the produce Market continued Page Vetma news As is As Fol no under sealed to scheme and arrange and some Ine Day Pate stops in and our dreams Are tossed into the yeasty Elbert Hubbard phrased the Corn met Story which told within this and to offset the financial the and orders that Are be ing received Are mostly of a sorting retail boots and ladles Wear and mens clothing also Dull and much liquidation at less than Cost prices 1s still much in evid ence in All grocery houses a total of of preferred a Stock was represented at the nes and he hardware Trade con More than the necessary two thirds re Frank Columbus whose suit to throw the company into the hands of a receiver was quashed i in Jini Iuo Al a Tutt Biden Hoik that death would bring to his j was present und attempted family and his business be carried substantial life insurance hat when to went Down with the the proceeds of his life insurance provided the Cash with in High 10 carry r and now for a personal j can you go Home tonight and look your wife and kiddies straight in the j them How much life insurance you have in then maintain an absolutely Clear con science take this Good advice if you if you your pen and Jin application on your own in your own for As much As you can possibly then Call up the write out a Binder and ill guarantee that you will have More satisfaction in this years Christmas than Ever be or perhaps you Are you know the reasons that and Vance when talking to a single so just reverse the process and pro vide for the Days that Are sure to and most important of this right turn All the arguments you use with others of 3 on that Independence is just As dear to a woman As it is to a and so Ilo something Worth dont Points at to Block the his amendment to the motion to refinance was voted Down the meeting adjourned to de Cember when of the Refl an Cong plan will be gains were made cringe the Ordinary life plan will broke 17 Points total Replogle steel made perpendicular decline in Wall Street close reactionary new on the Stock Exchange today was of the usual perfunctory pre Holiday Char the trading dwindling steadily after the first hour and becoming Al most motionless in the later prices were even in spots at the but reacted sharply before when Replogle steel relieved the Mono tiny with a perpendicular decline of 10 most duplicating its performance of last the Stock recovered 5 Vanadium steel and affiliated is sues to 3 Shippings 1 to equipments 1 to and Lea food and tobacco shares 1 to of off prices in Short session in Montreal were almost a higher to the fact of its being christinas the tines collections better with regard to collections the re port is More optimistic than few Eastern Canada re ports obligations fairly Well and Many houses in Western Canada state they Are now on a Par with last while a few report they Are 20 per behind that of prices Are Low there is a growing feeling that the Bottom of Price cutting and Low Price has been reached for the time and that Many merchants in a scramble to liquidate and turn their stocks into have gone fur ther in depressing prices than the real situation it is known that wholesalers in both Eastern an 100 at at94y Soo our at 500 Soo at at at at Montreal stocks Mcdougall and 53 75 Macdonald Asbestos Asbestos of suitor fish Bell 101 Broil Brompton 47 car can steam steam Cement j agricultural interests of the Central Western coupled with the recent establishment Rotthe Supern tendency of Alberta branches at Cal which gives two superintend Denches for the West and increases the Banks to give prompt and efficient service to its Western Cus this clearly the Banks desire to assist to the fullest extent pc the development of West Ern 53v 75 75 20 20 34 34 101 101 29v 48 34 34 local Exchange dispensed with the a Western Canada Are quoting prices Ter noon the most Active for Spring and summer Trade on Slock Shawinigan with 800 Many commodities higher than the an Issue that very Seldom j same goods can be purchased retail leads the the Price closed 102 Brompton continued its upward plants Are closed the manufacturing Trade generally movement and added a Point net having adopted largely the other Active stocks were of no production until Thi cries a fraction higher Spanish a i orders Are in and in some in fraction higher steel of Canada 2 stances the of cancellation Points higher Dominion steel Ivi Jis Points tip and recent unemployment by which unemployment continues to be the Only net loss was made by i come More particularly in Canadian which sold at 73 i Eastern the Prairie West no equivalent to a net loss i suffering to any undue extent a 3 this is being taken stocks to score substantial gains hold of by provincial and Ere which added 3 Points r Federal and much Worl at 75 converters which added 2 i will be provided during the canners up 5 at Bridge up to 2 at 75 textile at and Ogilvie the paper stocks outside Lauren tide up a confined their move ment to fractional gains or were unchanged and elsewhere in the list a on Point gain was made by Canada general electric at Victory Bonds were lower and que Bec railway 5s were up 2 per Cash assets Large Dryden paper company has liquid resources of the Dryden paper company excess of liquid assets Over current it is ainu no to approximately nearly All of which is in the Only contracts for new construction which have been made a far amount to less than Anc Are to cover necessary work in Tho present new Kokiv i1kiefs new meeting of Goodyear Tiro and rubber at Akron and Seilal Roget Init of Ana Lador Are declining Ana u is expected to into scheduled this morning a that the company will be Able to carry out Tion financing and rear Salza its programme for Pomider p 5 Abl less than the directors Grain company m malt and decided move slowly in the Plao the prices of machinery and labor Are and it is expected 1 n f of anime j Ine of new contracts for this in a Hurt tin rails the meantime Owins to the com in s b Bethle mock Tiea which has included Kraft my Valc and Lackawanna steel com Germany has Little Chance securing 1 this country cannot Orban and company Purchase Atlantic coast line one to Ftp tech which Anthracite operators decline to Leonon Coal a Inge award reject demand of Cras m 8 additional Wase in joint accounts husband and or for other have Long been special feature of the savings accounts May be opened by one or More persons and May be withdrawn by Cheque at any time by either Narv we pay interest at 4 on deposits subject to a office 9 to 4 Canada permanent mortgage corporation established paid up capital Reserve and surplus total Manitoba Branch 298 Garry Street just South of Portage sulphate pulp and building Pap the company present its operations will be necessarily rendered less profitable than have been anticipated for the nest Render Large service figures show advances to current business by Banks have been enormous while addressing the members of the Canadian bunkers association at Tho re cent Anft Ual president Clarence boar cart urged that As generous treatment possible be accorded business interests the period of financial Stringency through which in common with other is at present that there Are a Good Many business men who Are not being accorded by the Banks that measure of accommodation which they deem their necessities demand there can be no but the test of the generosity with which or is accorded in not whether each and every business Enterprise is getting what it deems it is rather to the extent to which the Banks of the country Are using available funds for the i applying this test to the figures furnished month by month by the Dominion government it can hardly be said that the Banks Are penurious in the disposal of their for the accommodation of the Busi Ness necessities of the the latest aval Jable government returns Are those for they show the aggregate amount of Money out on com Mercial Loans at the end of that month amounted to compared with and for the corresponding Date of 1919 and 1918 re at the end of june when the present period of restricted credit May be said to have become pronounced from these figures it will be seen that the increase since the month preceding the amounts to or Over 40 per and the Bond Between Bank and farm cumulation of agricultural Pur v is o the welfare of the this Iti part As a National institution by lend ing every Effort and its vast resource i to support agricultural activity to those interested in any enter Palm the Loil invited to Confer with our Branch Union Bank of Canada two Central offices r Portage Garry other branches in Winnipeg Codon and Locman Selkirk and Portage Ond 491 Nawf and Union Stock main condemns deflation Gundy says it has been too precipitate in the United states financing and us consequences was the theme of an in testing address by Cas Adian representative at the Brussels Fin i Ancial at the Independent la apr party the views to enunciated were evidently unpalatable to Many of those for it was noticed that his declaration that it was necessary to i set currency Back on the Gold i received in absolute when is mentioned that Germany and might have another a a to repudiating their making new Start in commercial suffisj1the tement twid Evet member of the Cement convert Bridge Olaski Detroit steel 40 63 56 90 92 74 54 63 90 43 53a 92 75 39 v4 63 56 90 42 92 74 20 85 20 34 101 29 48 34 61 40 63 86 90 43 92 75 Medicine hat Small Quanta ton rolled Oats 1 Talmot 2 Timothy at Mil Dobr is per boiled 1 red ton 2 red York s re n 56cstate Chicago Creamery Montreal pro Dice butter Uter 32w to the extensive Branch the West where opening in there is a Loo Smith 4314 42 101 100 88 77 45 Lauren tide Montreal Penman 35 Lourdon 133 shawl Olgan 102 smelters Jug Spanish 88 steel of 57 Toronto s3 88 77 it 45 35 35 102 16 16 83 it 83 90 87 56 53 53 84 84 Victory 1922 Commerce 183 Montreal 194 merchants 166 9414 94 97 97 h 98 97 97 97 95 preferential Tariff with and in South America shows that the Bank is also prepared to assist its customers in the development of Adas fore Gln the Advance of the blink in the twelve months is indicated by a gain of in interest bearing the liquidity of the assets is indicated in an increase of in Cash on hand and cheques on balances due from other 4s the total liquid assets now amount to and Are 45 per cent of the total liabilities to that the Banks Are contributing larger sums in the Way of contributions to the Cost of the administration of the affairs of the nation is the statement i paid by the Bank this year were 233 j per of the figures of the previous twelve 87 43 101 106 87 77 4 35 135 102 i 16 83 58 53 84 92 89 it 94 97 97 96 96 95 per to egg Market Christmas buying of Dree aed poultry is reported particularly and egg prices remain under Light supplies and Good consumptive unchanged Montreal very specials to extras 72 to firsts 66 to seconds 55 to dressed poultry scarce and turkeys wholesale chickens 33 to ducks 40 to 30 to fowl 26 to Frankie Mason just As Good As Joe Lynch flyweight who per forms has draw with new wonder Mason pal Moore by associated South March 19 Nunn in i left Jab that slowed to or the Hoys h at a Terrill Mon i it i j c son by eight pounds sons saw the baseball to Mason of fort coast in the ring at the Board of Trade in the feature bout of new dears afternoon show against Johnny the Chicago Winnipeg boxing fans will Aee the very Best Liy weight one of the top notches among the Pacific coast league kiss Ami vaml5w n bantams on the Mason has met j suns Hectl by judge Willis in t of Luthie boys of his class and Haa Demon Selea supreme judge Wlllie strata Over boys Many pounds Tho indictments old not in fact he la so Good that it is criminal leg8 t nearly impossible for him to get any matches without giving away o 1 to geese 194 166 193 183 183 194 166 166 Montreal Stock Hammond Dominion Hamilton merchants Mol sons via Montreal j Ilu Nova Scotia is Royal Toronto Iio Union Ito miscellaneous brazilian traction p 30 n 1 of 165 194 h 195 141 s 113 91 56 Canadian in general electric Canada Cement 57 Canada car Canada Dominion Bridge Dominion textile 101 steel 42 Lake of the Woods 140 Lauren tide Montreal Power 70 Boll vie milling Zzz Shawinigan p Rio 1o2 steel of Toronto Street pan 75 75h 73 73 a Iron is 6u 03 53vj 211 steel fuel 4 Iron Yim me a ail Safe 40 61 74 10o 42 132 86 100 57 53 York 50 Banks sane Zion too 17 1316 Montreal reported by Mcdougall Cowans abitibi50 24 Bell 29 34 5 47h 43 Canada 56 10 5614 Canada 90 92 Canadian 5 Dominion 33 40 steamships pad 63 car Dominion 64 Dominion 100 110 Dominion 74 100 75 Montreal 77 National breweries 410 45 10 45u Ogilvie Penman Peter Quebec 25 19 Shawinigan 102 10 102 3spamsh 83 steel of 87 23 58 Toronto railway Way Adamack War 94 Atlantic Banks 48 3 Why not select a convenient investment when you Hare Money to h in advisable for you to place it in a Security where principal is where interest is promptly paid and easily and which you can readily convert into then Why not buy Canadian government or Munici pal Bonds these Bonds offer the highest Grade of Are easily marketable and the interest Thich Are attached to each need Only be clipped off and deposited in your Bank on the due Al existing these Bonds yield tron to write for a Lindsay build my Winnipeg Toronto Montreal Winnipeg new York san that the Wayto was by cutting Orrt Narv i creased and Sav no various adopt a policy of Lue and let five i corns Hick Fryne Nula soon Asb Eini i Ajia austra he re Sere Many of a Detroit railway a 11 Rii airman of the Hoard of company is Detroit railway earnings trunk famines third week december s increase or 2s 2s declared Canadian fair Banks preferred 3 per cent Cord the Price of Silver 24 new York stocks Clark and Martin Copper smelters 35h 3oh 34 Butte s 8 8 Anaconda 32 31 Cerre de pasco26 26 25 4 4 4u inspiration 28 2s 28 Kennicott 34 8 255 28 28 15 lome Utah 48 47vi 47 Railroad Atchison 81 81 80 80 Balto Ohio 33 32 32 Pacific 114 113 113 Central 68 6s 68 ohio56 56 55 73 73 72 Missouri 17 17 16 17 17 16 Pacific 78 78 77 Pennsylvania 39 Pere Marquette 15 80 39 15 80 25 95 26 39 15 78 24 94 20 20 25 26 16 16 55 72 16 16u 78v 39 15 78 24 94 34 10 10 10 10 the 7 5bh bysueid33 Keystone 7 Kubber Augar i meet 37 37 36 cuban Jane Oug is Alegre Sug 4i 44 67 War Roux co sumatra70 70 69 69 tobacco co112 112 109 109 Cigar coo3 63 53 53 retail Aires 50 50 tobacco 50 4s 4s Gulf 104 102 is 2s 2s corp33ii 33js 32 linseed american 24 24 coca Ola graph 10 19 10 32 19 w Prairie provinces markets car of storage seconds rolling Montreal costing 56 i British Columbia local fresh 68 country Points with 73 offered for live and dressed poultry in heavy prices american Wool Market commercial bul Letin tomorrow the demand for Wool has been moderate during past but some of the very Low Tomb Najj wools Are commanding a alight increase in medium and Fine wools Are inclined to tend it is considered doubtful it any legislation favor Able to the Wool Industry can to passed at the Short session with the emergency Tariff Bill in its present i the goods Market is Only moderately a general reduction in wages of 22 per cent in All Tho Woolen Mills is considered several Hundred thousand pounds of Texas combing mohair reported sold at about 28 Yukuno club the Coleman Competition will Start at Tho rink next the draw will be announced the Smith company event will follow the and entries Are now being All employees have been to join the now that it has been to in order that it make in Good a 5how As Pov Ible in association the Winnipeg attractions club announces that there has been hitch in the semifinal owing to that Billy Mckenzie manager insists on Tom mul Lall making weight at ringside while the alg fellow will not consent to do any weighing after 10 Oclock in the morning so that lines Are out for another tip top local fans do not have to go to new Tork to see boys just As Good As Joo the new Bantam Champion Asma son is credited with a draw against the lard hitting Irish lad according to the following information 0 Lynch by Starr Baltimore Mason won Hla Point by earning a he wanted to gain recognition Here and and selected the Boxer Many experts believe be Tho next ban Tam Champion for the tie handicapped himself More than any other Man would have done under the Circum he permitted Lynch to weigh in at 118 pounds seven hours before Tho it is Safe to assume that the fort Wayne flyweight gave at least 12 pounds and proved to his opponent that there la i much to to Learned in Tho boxing j by Baltimore j Mason weighed a few ounces under 107 pounds last night when he the j and it is no stretch of the imagination to figure that Lynch weighed in the Neighb Rhod of from 118 to120 when it is noted that he waa just a bit under118 pounds at 3 Oclock in the this difference in weight la a Handicap of col los Sal especially against a boy of Lynch it was this weight and the strength that it carried that permit Ted Lynch to fairly Sling Mason found he would Start to rough but the Little fellow was always smart enough to j v lock his opponent when the new yorker j 1xcw would Start tactics of this Thora number of times Evhen Tho boy from Indiana stood toe to toe with his heavier opponent and slugged with him to no Corn for Sale j Cadott or Jess at much Readom 1 Laing Strang Snowden 428 main pay Cash for Victory Bonds Dollar buy puts and Calls for thirty Daw 100 shares of any Stock listed on the then entire no Mason Zulu kid James Layon in the Plain May Frankie of fort out pointed Young Zulu of claimant of the american flyweight in eight of the ten he made Zulu look nearly As tame As he did Patsy Wal lace in his recent bout Mason knows too much about the boxing game for to Calls possible risk strictly limits profits write for free Success in the Stock plan no with Trouil Anas of dollars Are beware of brokers who Are not members of Anu Kennedy members consolidated Stock Exchange new 74 Broadway new York Cleveland May Zulu crack Little 116pounder from new travelled at a fast clip but when it was Over he was trial Lens Frankie the fort com products 67 met 3jvi 33 33ii Johnso 67 65 of 4j 47 4v v47 75 famous play 118 Harv cd 94ft s4h alcohol 73 Nickel 12 paper 46 Filer a Jed 495j Ore 25h 46 12 62 12 44 1114 49 62 to 49 pure Oil 32vs 32 25 26 v4 31 31h 33 39 16 17 40 41 m 58ii 59 total sales Bonds Shell 40 40 food 17 17 pump 41 41 40 41 Woollen 60 60 new York Bank statement 1 Northern trusts company As administrator or the Northern trusts company offers a corporate experience of 16 years practice in Western and the individual experience of its directors through 30 years of Western Canadian a Booklet explaining Trust company service sent at your write our nearest Branch office head office Victory Winnipeg or Lynnton life risk Annn r Giarla Bank Milton Hersey limited Industrial engineers and analyses and Cement inspecting and consulting Engin examination of Chacra Ico Legal expert Paris 257 Portage notice under and by virtue of the Bank George chapter anti j amending and the Lien and right of Sale thereby conferred on Tho Sterling i Bank of there will be offered j for Sale by Public by Gray at their auction 346 Ellice in the City of j in the province of on the 4th Day of at the hour 12 Oclock i the following valuable property two Hundred and Twenty shares of the capital Stock of the Sterling ban of Tjie said shares will be sold for Canaii to tie paid at the time of for further particulars apply to Tarr 612 Sterling Bank solicitors for the Sterling Bank of Clark and Martin Clearing House members average demand time actual net demand net time net for five Bond list i Clark and Martini new Bond prices of the Day were quoted at the close As closing due 193247 8990 4s due 193247 2nd 4s due 192742 tas due 193247 2nd due 192742 3rd due 1928 8716 4th 4as due 193336 due 192223 4is due 192223 Canadian War Bonus Montreal the following were the bid prices Lor Bonds at the close the Market today War in clue 192s War is due 1932 War so due 1937 due 1922 due due due due seas due due 1927 1937 1923 1933 1934 new York funds new Money on demand Sterling Premium on new York funds 92 89 97 96 97 96h 95 92h 7 in Christmas 1920 directors and officers of Cuje pane of Canaba desire to offer the customers and friends of the Bank their Best wishes for a Happy Christmas a prosperous new year Public notice i Public notice is hereby Given that the trustees of the school District of have passed bylaw i of the said school duh which bylaw authorizes the Bor Rowline upon the credit of the said school District the sum of eighty thou Sand by is suns Twenty the Money us to he used to Purchase a new site and build a new fou room i the voting on bylaw will take place in Brooklands school on Satur the 22nd Day of be tween the hours of 9 Oclock in the i Forenoon and 8 Oclock in the j the Deputy returning officer for Tak 1 ing votes at said poll shall be George j i dated at in this i 20th Day of i Clery of the municipality of Public notice in tested Reading Rock Island i 25 Pacific 95 railway21h Paul 25 Texas 16i 17 Union Llott 114 equipment car 118 115 117 locomotive Sou Loco 84 Haskell Barker 55 pressed St steel 77 motor Bosch Magneto 50 Chandler 65 general motors 13 Pierce Arrow Stromberg garb Studebaker 41 White Willys 6 motor truck Oil stocks invincible oil22 84 82v4 50 65 13 17 5 63 13h 17 32h 82 55 75v6 74 4s4 63 13v4 17 32u 5 18 member Winnipeg Stock 322 main furnishes the following approximate quotations asked Bingo mines Canada National fire Crescent Creamery Imperial Trust Black pox Manitoba Bridge North Star pad North Star mortgage River paper Mil traders United Grain growers Western Canada flour Winnipeg Golf club Elmhurst Golf Chub country club Beaver lumber Beaver lumber Gold North Western life Sovereign life Western life Western Empire Elife common j 60000 22 21 21 paper company earnings statement just oot shows net of an increase of Over find at the rate of mex 157 157 on working capital Middle states 12 12 11 12 compared with 000 10 10 10 banking service this Bank is More than merely a Saffy place in which to Deposit Money it is an institution whose purpose and policy is to assist in the Wise direction of the financial and business interests of its those who make full use of the tonal facilities provided by this Bank extend the Range of their business 79a the Canadian Bank of Commerce capital paid up Reserve fund Public notice la hereby Given Liat trustees of the school District of j have passed by Law who bylaw authorizes tse i borrowing upon the credit of the said school District the sum of forty thousand by Issue inf Twenty the Money so Bor rowed to be to enlarge the present school i the voting on said bylaw will take place in Brooklands school on Satur january Between the hours of 9 Oclock in the Forenoon and eight Oclock in the the Deputy returning officer for taking the i votes will be Georee dated at in this 20th Day of j clerk of the municipality of i the Horn investment savings association dividend 95 is Hervy Given that dividend at 6 per on the paid up Stock of the Home Ini vestment and savings been declared for the three months ending december and slut j same will be payable at the associations office in on january to shareholders of Cord at the close of i december by order of the managing december notice notice is hereby that licenses and 894 respectively have granted to the hardware dealers Mutual fire of re tall hardware Mutual of Minnesota and the Minnesota Impje rent Mutual fire of Minnesota to transact in Canada the Busi Ness of fire insurance to the exp no authorized by the companies of chef ;