Winnipeg Free Press

Winnipeg Free Press (Newspaper) - May 6, 1922, Winnipeg, Manitoba 12 Manitoba free May Money and business Winnipeg stocks Eastern firms report business somewhat better purchases business conditions in West i Diccie in conditions Ideal Kittle change in Canadian business Dillons is in the weekly Trade of Canadian Crit Monib Trust association published and Quebec centres orders improving in manufacturers finding business Inore Jelso report belter improved Stu a utile Winnipeg and the wet reg Rel throw go to the const Tut ply reports indicating improvement continued although wholesalers in tiry mens and ladles i Minery and ilk lines Are an liner Ovenin Ulso in boots and find a in apparent lie commence ment of building and retailers say Trade improved but net equal in vol ume to same period of listed stocks fire co v1 to spire loan co West life asset loan Home i Northern fully Waii Northern on Standard trusts co Hank of Canada Winnipeg British american Oil unlisted National fire Home Bank of Canada Bridge Iron works Mcdonald common tied in flour Mills Estern grocers Netter Trust North Star Oil u or 1925 1931 1937 Victory 1925 May bid Asue Charles who recently purchased tha Busi Ness of the Central record weather conditions in the on j builders Exchange which to much Are Hobbs has been a citizen of Western Canada for 32 years and is Well known in Winnipeg and throughout the four ing in proceeding apace and the isolated is thoroughly All livestock is in fair condition and in improving with the new to that retailers Are optimistic As to summer and fall Montreal prices take turn to higher Leve Mol sons Bank shares decline two Points to 158 i May took an up Para turn Furnin today and the local Stock j Market Deal legs Are characterized by greater breadth and some lessening of i new if Fps were shown in seven stocks of which a Rcpt the Spanish stocks All were traded in Spanish which led the reached the new nigh of 86 and closed at the top for i a gain of two the preferred closed at up the j que apr railway closed strongly at p for a net gain of the Market Leader i a Points gained was Penman preferred which bold Points up at the great Post loss was n Mol sons Bank at a new Low of 158 for a net decline of 2 i steel of Canada was one of the Market i both in strength and j roof Finiff at 71 for an Advance of total sales 205 38 80 80 137 40 45 88 15 340 83 112 85 90 16 gossip of the Montreal Stock Exchange interest of radio is reflected in Stock Exchange prices pulp and paper Mills redeeming Gold Point to Quebec railway being put on a paying is on foot to distribute Stock Exchange quotations by am Sholden Bond holders appoint committee to protect interests 10040 1933 1927 1933 1937 1921 1934 leu Oratio Den in tin Victory 99 75 Jorius Are tur prices Advance in Days limited trading j Sterling Exchange reaches new High l new May Exchange j rates on London today reached j the highest Point in almost i three demand Bills Selling at an overnight Advance j of heavy buying Here i and in London to meet Cotton j and Grain requirements and the i excellent condition of the British l Trade balance were believed to i be responsible for the improved Sterling rates have been in j proving for several the j Low record was made j when demand Bills fell to and International currency was in a state of the Normal or Par rate on Sterling is i Haiti sly american it 25 at at so at 100 at 200 at 350 at 200 at 100 at at at 350 at 300 at 550 at at at at at at at at 500 at 500 at 500 at 300 at at 100 at at at at i at Smo at 500 at 100 at at at at at 500 at at Soo at 100 at at the Winnipeg Stock Exchange will to May 8 and j closed on until further j Montreal stocks i amps to in Smtih Afif Tiff Asbestos Atlantic Hui Jar Mckay hell Telephone brazilian Crompton Canada car car Cima 16 10 56 Canada bread common makes a gain of three Points trading was of Small volume than usual on the Toronto Stock Exchange the feature of the Market was the heavy trading in Canada the Price advancing sharply to or a gain of 3 Points for the Canadian general after mov ing to a new High of lost ground and closed at off 2 Imperial of advanced to 120li and reacted at the close to for a net gain of the Otner Oil securities closed practically in Thero was a Larse volume of trading in l jink stocks than usual and prices ule molson8 which lot 4 Points to Fuller sales manager is making Western tour i j Bridge Glass i Detroit United steel textile Howard Smith Lauren tide of the Montreal breweries Ottawa Power Penman Quebec Iti ordon paper Riordon 55 57 75 19 93 4 44 4 24 26b 56 s3 100 70 63b 29 154 i 69 to 164 55 close 16 10 56 57 75 19 04 114 45u 55 62 83 101 72 91 j 113 44 Muy 5 Sud Den Rise of Canadian Gertral electric Stock during the last two Days on the local Exchange Lias Given Rise to consid Erable comment and various reasons have been assigned for Tho Ehrp enhancement of the chief among which is the probable profits which will accrue from the manufacture of radio there in some quarters a disposition to believe that this is Only Une of several contributing on the Othir there ire those who ii this lust erase sufficient reason fur a direct and Sharp reflection in the Stock it is prove rial that the Stock Market Nan a habit of look Irir a ions Way ahead and the action of Cen trial Kiec tric a Given As an example of this interest Oil whale n pulp and Papor six per serial mor Gaffe sold due and payable May to Kother with of principal which matured May All due of the f the Bank of Montreal at Ani new or at Cluj office of the North Ern Trust will be paid on presentation of coupons and Bonds at the offices of Tho Bank of Nova at new York and Chi for interest on 7 per redeemable debenture Stock due May have been mailed to registered prospects thut Quebec railway will be basis before the year is out Are Gitin airily disc used and were responsible for brisk and a Good the ovary a Loci ii Drourr is bullish on the Atouk took a trip Down to Quebec and on return after inspecting the properties expresses the conclusion that Quebec has All the essentials of i Eari dividend during april shares fit inbred que action being effected by interests Friendly to old regime by followers of the new purty in i today prices for the Spanish River atom Fps Are not thought to write Finis their upward Bond dealer out As curious that Iho eight per Bonds of the company Are cheaper proportionately than be seven her h the directors United states Oil and refining corporation decided to 90 82 i 91 u 57 Shaw Migan 107 66 106 s 82 i Exchange Strong new May Exchange on London today Rose to is Hest Price the strength was attributed to extensive buying of Bills Here and in the London Market to meet Cotton and Grain sales manager of the Fuller Brush of i is in this City to attend Tjie i District sales meeting of the Winnipeg t District sales Force of the or i Ryan spoke of the growth of this Coni Pany in Canada and the extensive work it has been carrying on in its attempt to rehabilitate returned veterans of the world Many of the boys he stated were i now members of the Fuller organization Only fifteen year said Ryan j president of our a native of grand Nova started making brushes on an investment fit less than last year our company sold close to Worth of i Ryan acid of the extensive advertising plans of his company in using when we say that buy Buller brushes keeps canadians we mean said they made by canadians in Canada and from raw material bought in j Ryan will leave Winnipeg for Regina smelters Lanish River 68 86 96 68 66 53 32 27 a 57 51 i Hill 98 72 67 i 64a 29 154 i 69 h 80 to b8 164 57 i 230 86 106 26 5j it 107 23 h 86 96 71 94 66 53 258 187 German currency increases l May currency increase during the last week in shown by i Fures available today i Clark Martin stocks and Bonds direct private wire to new Tork and Chicago correspondents new York and Chicago greenshields i Logan Bryan Clark Martin 232 Portage phones Huron Erie building reinvest your interest coupons Victory Bond owners with interest due on May 1st will find their interest coupons easily and conveniently and will again realize the advantages of buying securities of this these interest coupons will enable Many such owners to Purchase further sound to assure that this Wise course is promptly we suggest that you plan at once to apply the interest towards a further attractive to facilitate we recommend that you write us at once for a list of suitable govern ment and municipal interest returns Range from to Gundy Toronto Linda building new York Winnipeg Victory loan coupons we will Cash your Victory Loaa coupons or place them to your credit in our savings Bank where they will draw interest at 3 per w the Canadian Bank of Commerce capital paid up Reserve fund Branch manager asst manager if Canada Sherwin Toronto rails Way Adamack War Victory 1937 1923 1s33 1924 1934 Nova Scotia 258 Commerce 187 Montreal 218 poisons 159 159 158 153 Montreal May at Bell at him 460 at 75 at 5 at s at 44 it 40 at 50 at at 275 at 33 25 at 90 at Canada at at 100 St 101 5 at 155 at 25 at Canadian at at 24 15 at at 56 15 at at 23 55 at at at Lake of the at at Spanish at 96 40 at 5 Montreal at 10 at 55 at 91 Atlantic at Price at 10 at at 5 at 35 185 at 26 Iso at 35 at 235 at 26 Bonlon at at Spanish at 200 at 85 260 at steel of at 68 10 at 35 at War at at Victory at v l at at 100 at at at afternoon May Atlantic at 19a 15 at Bell at 114 50 at at 44 200 at Brumpton at 33 50 at 25 at Canada at 624 25 at at 99 at 50 at 98 at at at Dominion Al Dominion at to Melon at Dominion at 70 20 at 72 at Spanish at 96 5 at 96175 at 96h 125 at 25 at 25 at Xio Treal at 914 Al National at so at 57 25 at Price at Quebec at 26 85 at 5 at Lordon at Lawrence at at 70 at 107 Spanish at 85 220 at 864 50 at 100 at steel of at 68 15 at 100 at 68vi 600 at 70 10 at 69 135 7014 100 at 71 60 at to at 71 at War at 10060 at at at new York stocks make an extra distribution of one per simultaneously with the regular pay ment of 2 per on june 1 Mak ing a total of 3 per for the Ward veep silent of the Canadian steel announces that building activity at whore a Plant is being will be increased in the near the amount of work to b undertaken this Perley depends on the Fin committee of Tho according to information reaching Mon a movement to have new York Stock Exchange quotation sent broadcast by radio Telephone started lie re company being financed which will handle the dissemination of Stock Market information which will reach to All parts of the United the higher courts having decided that of the Stock Exchange 4re prop erty of the it is believed that permission of its officers mus first be an objection is raised that bucket shops could thus freely obtain holders of the 30year 6 per first Gold Coupon Bonds of Ames have appointed a committee to protect their interests composed of Edwin James and John holders of the Bonds Aro requested to Deposit their Bonds with the with april 1 and All later coupons at in a notice calling for the Iho committee refers to the deficit revealed in the annual report of resulting from general Trade liquidation of the com Pany defaulted in payment of interest on the above Bonds of april the company is largely interested in Ames Holden Pelt and in Ames Holden tire both of which have been operated Assur by diaries of the these companies have outstanding issues of first mortgage Bonds and Are largely indebted to Trade the Bonds of subsidiary companies guaranteed As to principal and interest by the Parent com protective committees have formed to represent the different cusses of bondholders of each of the panties the Ordinary creditors of each company will also be represented by oils dominating new York Market sudden demand for rail shares checks threatened setback new Selling for hath in which profit taking seemed to mo3t accounted chiefly for the intervals of hesitancy and comparative dullness manifested v today Stock the More Active Pace of the later lifted the Days total transactions to As a again dominated the list in prominence and notably the secondary Domestic High priced oils save Way in the final reacting one to four Points from pre Vious what promised to be a formidable set Back towards the close was checked by n sudden demand for including Southern new Haven and a few of which ill Surg and West Vir Ginia was most j sugar specialities and the local traction and utilities on to two Points a to their but in j Many instances thase gains were impaired j or entirely both Domestic and foreign monetary considerations were a Eiful to the Stock markets constructive Call Loans opened and renewed into next week at per hut dropped to 3va per in the Exchange on London Rose steadily to for demand tie highest rate for this remittance in More than two All Continental quotations were while gains in the Allied group were relatively South american rails a bloated to thursdays successful offering of the brazilian loan Heads Globe bedding motor Boson motors Arrow it Micbaker wll Yso Oil Houston invincible pan Royal dutch Shell Texas Bethlehem Cruc me Lackawanna Iron and reply free Vanadium steel Midvale rubber stocks Piske rubber Goodrich Kelly Springfield Keystone rubber sugar beet cuban Cane Punta Al ogre sugar tobacco stocks Sumatra tobacco retail stores tobacco Gulf Allis Chalmers i Asphalt Allied coca cola graph phone Central Corn textile Endicott Johnson famous Harvester alcohol Pickei paper Mer mar pad Ore pure Oil Sears Roebuck food Worth Aston Woolen 47 u 75 22 55 8 7i 8 58i 44 u 13214 65 i 65 32 1 47 73 4z 53 64 i 31 u 17 53 65 so 40 40 83 63 i 124 65 59i 64 43 53 is 6614 40 57 44 82 it 64 68 h 49 63i c 55i 38 84 50 18 52 34 75v sad 142v 53 68 36 49 1 46 63i 68 56 38 103 84 i 82 i 163 13 52i 6hi 94 48 64 19 43 52i 23 i 65 40 52 68v a 36i 49i 45 62 i 67 i 43 55 101s 84 81 i 49 17 93 57 i 44 17 131 66 66i 32 47 48 Ali 65 59 31 44 37a 19k 43 s34 40 40 7s and Prairie Superior great West life gunns pad Harris 6s Home Bank of 7 Howard Smith 41 Imperial International 6s King hotel cd 4 King Edward 7s Lake Superior 63 Lambton Golf manufacturers pm Massey Harris Matagami Deb mount Royal 30jr Bonus com Murray pad cd National life 6s Nova Scotia Ontario is Peoples loan pad cd 37o Spanish 1941 Sterling cd 2to Sterling com Toronto 1924 Samuel vessel exempted from Pilotage dues Resolution passed by Bill read first time Olny a passed in the House of this oven inc to provide for temp Tiu of Canadian fishing from Pilotage the rvs Luion also authorizes the to for not exemption from Cujes to ships of War Anil Hospital u foreign nations is i Calif 1 by Nohr in Ernest minister of Marine Anil it had been gusto Nuiry hut i hero no Legal authority for Iii in ply to Arthur m explained that the j id to the Rig it to Diamonto in Vii nations in i i i of ships of ships Zuur Dershai the i Bcott mixed to j granted rip Royal p i after the Resolution had Oil thereon by the minister and Given first read Hont Hospital which discriminate in favor of Home manufactories the newly appointed president of the Globe bedding wholesale manufacturers of bed to Brazil i Limo May pcs Patti Fernando mfr Una reports tha j Mortuk Uinise generally at so to j with tile captains coun actor inns to and sailed from there thursday for Paul Paris i Nocks to meet the brazilian Steamer which i is Hrinsin i yarn May improved m from Lisbon bourse three per lace tha s7 Exchange on 16 i machine wreck eco in the recent night there francs 50 1ohk Kex Chaoe from the Cape verde the extent to which some countries Are going to protect Home industries is evidenced by the Public announcement of a committee appointed by the norwegian minister of Public that invitations to tender present usually be confined new May Exchange firm at for Pix today and at for bar Canadian new companies Toronto May authorized capital to norwegian even if it of a represented by rom evident that goods can be procured Danies whose incorporation were re More cheaply from ten sorted to he monetary times during Ders Are invited from outside firms i the week april i they contain the reservation to the sex with the previous tent to which it is to be assumed that norwegian raw materials and Semi manufacturer will be this is the information which Lias come to the Winnipeg Branch of the Canadian manufacturers Vohen countries provide a closed Market for their own producers for their own thus enabling their manufacturers to quote unduly Low prices for is it any wonder Large quantities of imported Merchan Dise Are available for Canadian con said a prominent local Manu use losses May losses in can Ada during the week in May arc j estimated by the times i compared with t in j previous smokers your Cigar dealer will give you free with a 25c Purchase of Pathfinder cigars a picture of above ask in he simply ill Means that less Canadian workmen will be employed in producing similar i oods and is an added Ara vation to and is an added aggravation to the unemployment steamships oversubscribed five times Trust guarantee Western Assurance Western pad Western Power 5s 35h i Whalen com to Deb 52 Winnipeg pad 68h 36 i 48 45 63 68 i 43 55 37 84 32 163 18 25 4 83 May allotment of of Canada steamship lines limited Bonds has been Flo times Over according to a statement Here today of Thompson and com investment who i Are handling the As a result the i firm states that it had become impossible j to allot to investment houses More than i per of their it is 1 21 00 j understood that some Large Toronto 1 95 i houses will be associated with i Thomson and company in the these i houses have heretofore confined their i operations almost entirely to government i Ani municipal Bond prices Wool 75 v4 Killam Mckay furnish the following approximate Bond quotations Price yield 1936 Assiniboia and 6s serial British Brantford Dominion 1952 France credit per 5flo francs Glenwood schools 1941 Lethbridge irrigation 1951 May Commer Cial bulletin saturday will say the Market Here has continued very Strong and prices Are somewhat higher i again for the although the vol ume of business has been a Little less on account of reduced stocks with which to do in the West there has been very general buying with prices slightly dearer than last Fine on accumulated saving any sin plus of and upwards can he and conveniently invested in our three to year behind them Solute and they will yield you interest at c Gall or write for full s a Canada permanent mortgage corporation established paid up capital Reserve and Over total of Jar Manitoba Branch 298 Garry Street Winnipeg incorporated capital and 128 branches in j Moose 61h Manitoba 1941 93 i ixvest3iest Jik turns compiled by Mcdougall Huron my Erie members of the Mont total Stock Stock Asbestos Asbestos Bell Telephone converters Cottons Cottons or Cement Cement Bridge Glass Glass Iron steel text Slepr textile Howard Smith Howard Smith or of the Woods Lake of the Woods or Montreal Cottons Montreal Cottons Montreal Power Montreal tramways breweries Shawin Gaii Spanish Spanish River steel of Canada steel of Canada i 6 s 7 8 7 12 6 8 12 7 6 5 10 4 a 6 7 7 7 7 57 78 114 83 90 92 62 91 100 70 b7 89 fi2 71 106 153 69 164 104 89 79 106 91 146 57 104 90 107 85 s6 63 96 yield 1953 1941 farm 1932 Montreal 1924 Mccormick 1940 1952 new Nelson 1934 1941 Point 1962 1919 per 500 francs paper 1940 Quebec 1956 1930 1954 Spanish 1941 1938 1940 Verdun 1s31 water 1940 Tva Maramack 51 Canadian Victory 1922 1923 1924 1933 1934 1937 the Mol sons Bank in the Mol sons Bank you have an absolutely Safe place for your savings where they earn every six loan 1925 1931 1937 in Winnipeg 367 main 377 port age Avenue of More value to Youv business than Money is the accumulated business experience this Bank is Able to place at your not hesitate to consult our they will be pleased to cooperate with to of Bank Anada foreign Exchange at the states Dollar was for Sale Premium of 1 British found was for Sale the Banks for Normal Price without Bank charges the Money of ten countries of Continental Europe was for Gale at the following air ills in Canadian cd Ness Normal Price Price French Iran belgian j Swiss italien greek drachma norwegian Crown danish Crow swedish Crown austrian Crown German i unlisted securities peseta dutch Guilder Bank shares Commerce Dominion Hamilton Imperial Mol sons Nova Scotia Royal Toronto Union 187 191 171 218 258 181 buyers 190 168 169 169 217h 256 198 180 136 Wabasso Cotton Sells securities for Extension Copper smelters and Anaconda Cerre de Pasco Ca Chino inspiration Kennicott Utah Railroad cd and o and of Pacific and Pacific Penna Marquette heading Island Pacific railway Paul 58 3714 w a 41 65 47h Pacific 142 Central so 64 a 753 27h 76 b 41tb 31 41 34 65 100 53 37 40 to s i s u 27 139 57 76 42 92 h so 64i 75 h 27 77 h 44 i a Chile equipment stocks car in i Loco 116u Baldwin 117 a Spring us 117 h 65 u 76 45 91 i will 116 79 h May members Toronto Stock Exchange and Stock 106 Bay Street Tor furnished the following mate quotations j by asked Ahl Tibi Gen Algoma 1962 com sales 6s Ashdown 6s British America Burns 1st Marconi wireless guar guar 89 75 pref Corn pref 42roo Collingwood com 6s cuban 6s Iron 1029 73 k Montreal Royal securities corporation has purchased from the Wabasso Cotton company an Issue of Par of 7 per sinking fund Mort Gage and collateral Trust the proceeds of which will be utilized with other moneys for the construction of a new Cotton Mill adjoining the company present properties at three the new Mill should be in operation by the end of the next these Bonds will shortly be offered to the Public by the Royal securities at that time up Odate information will be Forth coming As to the company present liquid position and its most recent both of which Are tinder stood to be Metal markets the Home Bank of Canada Nolice of quarterly dividend notice is hereby that a dividend at the rate of seven per per annul on the paid up capital Stock of this Bank has been declared for the three months ending May and that the will be payable at the head office and branches in and alter thurs the 1st Day of june to shareholders of record at the close of business on May 1922 by order of the Cooper general april new May electrolytic spot and nearby 13 later 13 to Dominion com 24 00 Dunlop 6s Durant Eastern 89 50 com 4cr Bonus com famous 5tko Bonus cd i Goodyear pref tin and nearby futures Iron prices Lead spot to Zinc East delivery Suot to depot i at Nunn Copper i futures pot futures f6 5ptlt Canadian Patent for Sale will sell device has to do with the building of Good roads big Success in the facts and figures cheerfully this has unlimited Money making pos Sibili storms Safe investments yielding Over the Day of exceptionally High yields High Grade Bond issues is practically but we can still offer to investors Many excellent opportune i i a in ties in Canadian municipals of various maturities to yield in excess of pull particulars upon Hammond Nanton Winnipeg John heaths Telephone pen spot futures 2s of futures 6d i pwt i the Newt hut Community Washer Stock a Good investment financial men have expressed their Faith in tits new Winnipeg Industry As an investment Opportunity not to be have you bought yours dont phone Cio Northwestern Trust company i Mcabe manager Northwestern 166 Donald Winnipeg Barley Indus u ;