Winnipeg Free Press

Winnipeg Free Press (Newspaper) - May 11, 1921, Winnipeg, Manitoba Winnipeg stocks Bonas especially Trench and an mexicans also Beaver fire fire Domestic including rail Pacific railway and the Liberty were irregular Slung pressure Lauren tide May every kind of in Wall Street Market yesterday Trade additional of persistent prospects Umily th0se of to til s settlement Sares rumours Cir no immedi fre Leht rates amounted to 1 strength Bonds of paper company Advance in Montreal Ilay and set news subsequent Ermine to the of 4 Lauren tide next activity and was a Strong feature of the it advanced to 93 with the close 92s or earn of 2 Brompton fax Neil inf Sufle and eased fraction to Spanish comon was mov Ine up two Points to the utilities and textiles were More or less the steamship issues were the common los intr a Point at 25 and the preferred v4 at in the Bond War Loans were Een really the balance were s240350 17l985 Bonds Copper and Iron new May Alft electrolytic and nearby 12 to 13fut ures 12 tin mask snot 2nd nearby s32 futures to Iron nominally Lead Zinc steady East to at 2s 6d futures 2s spot futures tin 12s 6d futures 17s futures Canadian dollars new May Exchange quotations were As follows Canadian last new York sales new May sales Canadian 115h United states United states loan Trust Empire loan great co West loan Home 50 paid Norott fully paid Northern trusts Union Bank of Canada Canada National fire Crescent Creamery Burldee Iron Mcdonald common 17 traders building Western flour Mills Western 63 North Star Oil 340 North Star Oil War 1325 95 93 1937 96 Victory 1922 j927 1933 9725 1924 98 98 98 98 98 98 98 98 y Monroe stocks 75 95 78 135 66 360 550 97 99 98 Macdonald Alt lib Asbestos 62 82 Atlantic 32 Bell 106 brazilian Brompton paper Canada car Canada Dominion Canada convert Dominion Glass Dominion 36 63k 83 33 106 30 a 35h 82a 31a 106 30 54 53 75a 55 81 36 26 54 53 75a 60 81 for conservative investment the Shest stocks so m 1 Sis i Clark Martin investment securities 232 Portage Winnipeg phones i 122 123 Howard Smith 82 91 93 Montreal Power phones Huron Erie Eter Lyall Quebec new Lordon Riordon old re Ordo shawl Leaa meters Iran Ash River Iran Ash of Canada Toronto rails Winnipeg Wayar Amack new Issue greater water District 30 Bonds May principal and interest payable Toronto and we strongly urge that investors take advantage of this Opportunity to secure an unusually Jong term Bond of unquestioned Security on an attractive Price and interest to yield orders May be telephoned or telegraphed at our Dominion loan securities Sterling Bank Winnipeg capital for Manitoba development Over years ago the Canada permanent began to extend its operations into Many millions of dollars have been supplied for the use of banners and homemakers in the from Britain and Ontario and from your savings every year sees an increasing volume the Security is absolute and our savings service of the we invite your de 4 interest out deposits subject to office Toj 4 Canada permanent mortgage corp established paid up Reserve total Over Manitoba Branch Street just South of Portage at 75 75 at 35 Lauren tide 125 at so at 91 440 t 91 35 at 25 at 25 at Spanish at Montreal Power 20 at is at National 745 at 505 at 52315 at 50a 630 at so at o at 49a 770 at 49 380 at so at 100 at 82 100 Ogilvie flour at Price boo at Peter 25 at Quebec 75 at new Riordon 25 at Riordon 340 at Riordon taper 7 at Sherwin Williams 25 at 25 at 108 i Spanish River 150 at i Toronto 27 at 55 at Winnipeg electric so at afternoon May 50 15 at 85 at Bell at so at Brompton paper 10 at Canada Cement 50 at 85 at steamships 20 at 53 10 100 at 28 at steel 25 at dont 10 at so at Fop reinvestment of your Blond interest we suggest this sound province of Alberta issued registered Stock due yielding v write Foi our new Bond Gundy Toronto Montreal Winnipeg Issue Lindsay building Winnipeg Saskatoon new York greater Winnipeg Bonds Terest payable at the Bank of at or slant real Brice and accrued interest yielding 630 for 30 years Coupon Bonds in denominations of Telegraph your order at our expense to 51 104 61 26 33 23 35 108 a 73 80 58 83 70 41 70 52 61 26 53 23 35 25 it 75 55 81 122 82 91 85 104 i 26 33 35 108 a 103 18a b 36 62 83 3114 106 30 35 30b 62b 25 21 61b 108b 81 92 4914 104 96b 61 26 33 s3 35 108 75 80 58 83 70 41 70 73 80 58 83 7o 41 70 95 75 As 83 70 it 41 70 95 9a85b 1 q27 97 1937 1934 i 95 95 sales at 50 at 25 at at 206 at 00 at 125 at 25 at 200 at i at 255 at i at at 50 at so 25 at at at Detroit at Dominion at 25 at who who in Canadian finance and Commerce Jelleff sprint englent of branches for the Royal Trust who is in the City to attend the meeting of the Dominion association of mortgage and investment steamship issues Active belief prevails that dividend on preferred Stock will be paid May a broker offered the opinion that the budget should have a bullish influence on there Little sign of it in today outside of the flurry in National brew trading in breweries Stock was Active during most of the chiefly at slightly under the close at 4954 left a net Advance of interest was still keen in steamship and there further appearance that the on preferred would be both issues of steams in closed with a loss of half a there was a Good percentage of Trad inc in paper with a scattered activity in most issues and generally a steadiness in scattered trading in the general list brought a few Cana Dian Pacific recovered nother Point to canners and Canada bread Wert also while Consumers do minion brazilian and Mackay preferred were Amone the stocks to close Victory Bonds moved the 1937 be ing thirty cents and the 1924 and the 1934 making Small rumours All guess work the of discusses fifty million Dollar Story May by Canadian reference to the rumours current in new York As to prospective Canadian Pacific railway financing president of the stated today that All statements appearing in sew tort were based upon but mors and were guess work pure and the president added that the had not even been considered by he directors if and any dancing was decided upon u would at the Toper time be announced by the Corn any Beatty Drew attention o the fact that the company had no fiscal its in new and that therefore r suggestions coining from banking sources there were Spring Trade Large of correction ederal Reserve says in equalities exist in connection with Price readjustment special correspondence May took England Early 20 years to recover from the in action of the Napoleonic six ears after the close of the american ill War prices had Only fallen about 0 per from the level of if history should repeat the Outlook or readjustment from the recent world Star might be regarded As but history will not repeat there re Clear and unmistakable signs that t will from september last the Index numer shows there has been a decline of 2 per in wholesale prices in the the drop has not been a great on this Side of the up to the end of March it had cached 15 per a further fall is indicated for the difference be Ween the two countries is chiefly in Canadian prices Espond to american Price it in respect of meats and Dairy pro acts this not been the Case during he past six Konttis in retailers lag the Federal Reserve Board at Washngton has thought it Worth while to All general attention to the fact that Etal lers Are lagging in the matter of Rice it warns them that his can Only result in delaying the de action which must take place before Rade can be restored to a sound says the Board among the factors which Are re arding readjustment Are retail nigh transportation wages and he relatively High prices of such High y important requisites of production As Oal and the most important immediate Point at which the readjust ment process appears to be sticking the retail Price with respect to it is pointed it that readjustment is but it is neither uniform As among various sections of the Mong different nor among groups of unskilled workers ave suffered greater reductions than Lave the and nonunion men Lave been unable to hold on to their Cales of pay Aswell As have those within Strong farm has declined by about 5 per Over the whole Coal and steer too High Coal and steel Are held to be Unwar rant edly the former is still 100 or above 19ia and the notwithstanding recent reduce is 76 per beyond the pre War leather has dropped Back o nearly old yet there tall Cost f boots and shoes is 100 per Bove the 1914 the Federal Reserve which makes these clearly that such in qualities Are in urgent need of Cor had big Mineral output Ames Catto says it was most equal to year the past three months he of Trade in the wholesale Ryg oods business in has been most equal to that during the Corre onding period in according to rat ement made by James chairman of the wholesale dry goods see on the Toronto Board of in his annual report presented to that in of the Vicissitudes during the ast year this was regarded a Ca courage huge cancellations the seasons Trade last fall had been seriously Catto by and the luxury especially in the mens Woollen cancellations of orders Between May and had run millions of mild left heavy stocks on Catto he spoke of Mer Hants cancelling orders and returning oods without and he Sug ested of a Dominion wide wholesale to cooperate with be retail merchants association of Ana Dato educate merchants in business this so that each Branch of tha Trade receive fair 10 at Montreal at National at 25 at 495 at 50 at Bank at Ogilvie flour at Peter 61 Quebec at Riordon at us at 22 at Spanish at 15 at steel of at Toronto at at War at at new York stocks new May Copper smelters 4214 42 Butts 14 n Anaconda l 42 de Pasco oo14 Cal 5 inspirations Kennicott 2114 Utah 5414 Railroad Atchison 182ft and 42v4 Pacific 1171 Central 73 73 and 65ft 65ft 73 Pacific 23 23 it and h 20 Jac Lilc 7614 36 36 Marquette 21 2314 keadine78 78fe 88s 76ki 32h 22 120 equipment air Brake 12714 127 l 89 89 Baldwin 9014 90 steel 88 St Springs motor stocks Arrow cd White motor wll Lyso Oil invincible mex Neuv states Houston Pierce pan Royal Sutcli Texas Calif steel Bethlehem b Crucible steel dry Iron Replogle 23 29 i 7314 120 7114 124a Goodrich co 39 3914 Lelly Springfield 49 49 15 rubber 75 75 sugar stocks x beet sugar 41 41 cuban Cane Sug co 42 43 91 91 Sumatra 71 retail stores 56a 57 s1h 53 miscellaneous Gulf 41 ii Allia Chalmers 3714 37 i corp 51 51 Asphalt 75 Union bag Allied 45 45 american 31 31 i Ocaola 50 754 8 Central leather 38 38 Corn 74 19 it and Scptt Johnson 66 66 famous players 78 78 general electric Iso 138 Harvester 96 96 alcohol 70 it 70 it Nickel 16v4 16 paper 62 it 1514 38 45 Isa 73k 38 4114 9014 39a 46 15a 74 38 20a 91 63 65 12314 59 5514 5714 51 4sa 37 60 a 75 70 44 31 29 7h 37 a 49 a 7 74 into 56 it ii 22 51 48 78vi total sales 56 i pure Oil co food Ero Worthington Westinghouse 9414 1614 62a 15 55s4 30 34 21 16 it 15 Al 78 77 52 4814 Bonds Bond new May prices the Day were at the closes follows losing or due 193247 4s due due 1st 4vs due 2nd 4as due 192742 3rd due 1928 414s due 193336 394s due 4ss due 192223 1920 value of product of mines in was Over official statistics place the value of Canadas Mineral output in 1920 at of this total represents production of which exceeded u value the total output of Iron and other metallic Canadas Coal resources Are extensive and production is the output n 1920 was in 1913 it was according to the Dominion of can study toy the Bankers Trust Gornor of Canadian Mineral Nel resources Are estimated to Belover 357757 million this unlined tonnage is classified As follows million Semi Anthracite w bituminous w the province of Alberta includes More ban two thirds of the Coal lands of can and All of the estimated Semian Thra cite and sub bituminous will develop Power Hollinger company applies for per i Mission for Kettle Falls consolidated Gold dines company has made application to he Ontario government for the right to develop hydroelectric Power at Kettle some 25 Miles North from Cochrane on the Abi Tibi it is understood he matter is being looked into by pre Mier Drury and will probably be dealt with in such a manner As to offer the greatest possible Benefit to the Industry As Well As being governed by adequate Rovision for possible government Power it has been estimated that approx horse Power May be devel oped at Kettle and the indications appear to be that the Louinger will be granted the right to proceed with the it being provided that the govern ment shall Reserve right to claim horse Power for its own such a it is understood nos provision is for the Protection in that Isth ultimate intention of the railway commis Sion to electrify the entire As to this the provision for horse Power from Kettle fails a for the pos sible electrification of the line accordingly As it is extended North from it is Learned that a somewhat similar provision has been made at Iroquois where the Abi Tibi Power paper com Pany has developed Power on an extensive this latter reservation pros vide Energy for the electrification of a Large part of the line South from Coch Rane toward North 11 firm demand cables can Adian 9 13lfr per Paris Paris May was inactive on the bourse three per 57 francs 25 Exchange on London 47 francs 30 United state Dollar was aug Tell at francs 82 passed the Soo Sault May tuesday 3 Down 9 tues Day fort William fort May Coal i freight cleared Crain Garretson brain but Alft in rat a Traini port Grain us cljnap3d Anchor Canadian sailings Satulla May 27 Cassandra Jane 11 Saturn july 2 Cassandra july 16 new Carmanlaw May 17 Caroni Ajune 1 Albania june 7 Carmania june 15 Algeria june 25 Caronia 2 Shampton a Quitania Mlay 24 Berens Arla 2 Mauretania june 9 14 Berengaria june Aquitania 5 York Ali month a Bode Hamburg Bax Onla june 2 Sajonia 14 Glasgow Columbia May 21 Cameron a june 1 Columbia june 18 Cameron a july 2 cast Allamay 21 Boston Assyria Juno 22 Keork Sindi Terraneau Calabria May 17 Fannola june 4 can be secured from All or the company 270 main Winnipeg dividend 137 notice is hereby Given that a dividend at the rate of 10 per annul upon the paid up capital of the Union Banc of Iada has been declared for the current and that the same will be payable at its Bank ing House in the City of win and also at its branches on and after the first Day of to shareholders of record at the close of business the 16th Day of May the Transfer books will be closed from the 17th to the 31st Day of both Days by order of the general april Bonds to or Bonds to sell in either Case we shall be pleased to act for Yon will find our Market information authentic and our service Selling and trading prompt and Are you on our mailing list if you and ire will Send you the current number of investment monthly Al securities corporation Winnipeg Brahmb i Imp Huml Tara not Ullmn tenders wanted sealed tenders will us received by the undersigned up till noon on the 15th Day of for the Yard Ine of approximately 24 Miles of Road the municipality of and located in townships 16 and Ranee 1 each tender must be by a marked Cheque for approximately 5 per of the amount of the Tor further particulars apply to municipal or the office of the Highway com the municipality arrange to show prospective bid Ders Over the work on the 6th Day of Al Doctrie ear leaves Winni Peg for Stonewall at and leaves Stonewall at Titos will meet the car on the one Days notice the municipality reserves the right to reject any or All bated at in Tola 26th Day of helping humanity and the daily bread Lof the people of this country and of Clit ant a Long Chain of each link of a by Bank lag for 55 this Bank Purri legend to f Arrah a part of the Energy Necea aary in the transportation Aad marketing Canadas vat Union Bank of Canada two Central offices main Street and William a manager r Portage Garry Boulton manager other branches in Winnipeg Corydon cordon and Selkirk and Sargent Portage and 491 Portage Wett Kuronen main and Union Stock main and f a junk Commerce 190 198 14 Hamilton Imperial merchants Molans 177 Montreal Nova Scotia Toronto j181 153 Sellers buyers 188 180 17314 204 202 Are at the Bottom Coffee prices Are Low and further marked declines not expected new prices the United states Are reasonably Low and consumption was we probably have seen the end of deflation of prices As far As they affect Coffee according to Randolph weekly As we stated last present Coffee prices in the United states Are the result of the depreciated currency in the producing the weakness of the brazilian Market position is the Large receipts of the present which has already overrun the accepted Esti mates of the Santos bags with a report that there remain bags yet to which would mean a Santos Cro of bags Aru together with the Rio crop of Abou would give a total of the Wea Finan Cial conditions in while the brazilian government is urgently endeavouring to secure foreign it is at the same time attempting through purchasing from Sale and checking their Export de storing Coffee that must eventually be of if the Brazil markets can be sustained until the consuming countries Are forced to again enter the they can win but unde existing conditions this is this not serious de clone in our Home As we failed to respond to Exten to their Brazil prices considerably without being on a parity with our spot russian Gooij Akrivos for 30 years we axe still Able to Fin orders for greater Winnipeg water District 6 Bonds Price and interest yielding Telephone or Telegraph your orders at on a company Bond dealers building w Winnipeg Legal canal sealed tenders will be 3 june 1 irrigation Cairn i of the at their office in province or at which time and i ers will be publicly opened in the to be Dona t follows a w n i Northern canal excavation for is approximately six All about 50 Miles of main Ana la Sest Section Bottom upon application to either of lowing offices and the Deposit dollars in or a marked Chi a prospective May secure a copy of inst tur forms for tender tract and and general detail plans May be seen flee of the a Section of the site is necessary tenders must be accepted Cheque on a Canadian for5 per of the must be begun within two Ween award of the of fort five dollars will be upon the return of the above documents in Good condition at tsttf4 of opening or shortly were apply As further ton to office of provincal or irrigation Lethbridge by order irrigation for reinforced Concrete culverts municipality of Dufferin sealed tenders marked reinforced Concrete Ai s dressed to the undersigned we Chi to Cej Ved up to 12 Oclock May Lor the one 4x8 Sac one 4x8 one 6x8 one 2x4 one 4x6 12ls w one 6x8 w specifications tender Komi May be obtained at the of fact or at the of few the m Secretary treasurer Dufferin cd n mar tenders for sealed tenders addressed to the a designed will be received up to it May is forere Tinga Klul building on it of Section ship Range Dauphin plan d May be see Ait theoffice of the department of Edna or municipal Cheque j100 must company the the lowest or any tender not warily rat Secretary Ripon notice to creditors notice to creditors of Lee formerly carrying on business at has Alexander Avenue in the City of Winnipeg under the name of chop All creditors of the Aton named Lee sing let and others wit have claims against him Are hereby re sen their said full particulars to the unde signed at 500 Huron or before the 17thday of dated tit Winnipeg this 3rd Day o Campbell Fth Husos notice to in the matter of the estate of therein late of the City of in All claims against the above estate must he sent to the Toronto general trusts their 436 main Street on or before the 18th Day of dated at Winnipeg this 6th Day of Noble Hrasek solicitors for the Toronto general trusts United states Sale thebans Premium of the British for Sale at the Banks for Normal Price without charges the Money of the countries of Conti Bigrope was for Sale at the follow ing Canadian cents Days French franc franc Swiss italian greek norwegian Crown danish austrian Spanish Jouand the Scandinavia american line Steamer United states from Christiania april 30 due in new has Boari sacks of sold valued a several million dollars consigned fron the swedish mall service As first Clas the Gold is russian bolshevik Gold re melted by the Royal last year the swedish mint re melted and refined 19 tons russian and so for this year has put 70 tons through the same unfilled orders for steel new tonnage of the United states steel corporation decreased it was announced the unfilled tonnage april 30 totalled As against on 31 on april Xii Naiona Trust Stock Toronto Stock Exchange has made an additional a Sung of atonal company is the new Issue of a Biff wrought the t capital to Petca ail fellow wants v5 have that makes the old pipe taste sweeter than is so deliciously fragrant packages and Pound ;