Winnipeg Free Press

Winnipeg Free Press (Newspaper) - April 3, 1925, Winnipeg, Manitoba 12 Manitoba free press. April 3, 1925 Winnipeg Bank Clearing s in crease Over last year s figures. Toronto Treal Calgary Edmonton gain. News of the business Trade and Commerce mines and the Money markets action of Winnipeg desters said to be to Public according to Campbell report. Clearings Are general gyms than last year foreign Exchange Winnipeg shows increase of Toronto Calgary and Edmonton have increased Winnipeg Bank clearings for the week ending yesterday increased Over Tho corresponding week a year ago Montreal clearings increased by Toronto Edmonton and Calgary also substantial increases. Otherwise the hot shows few gains and in most cases noticeable decreases have occurred. The Winnipeg clearings last week amount to compared with a year Apo. The list of Bank clearings for the principal cities of the Dominion is As follows the United states Dollar was quoted at a Premium 7-64 per cent. The British Pound was quoted at the Banks for Normal Price without Bank charges ?4.s6 2-3. The Money of the countries of Continental Europe was for Sale at the following prices in Canadian cents i Day s Normal Price Price French franc 5.29 19-3 belgian franc 5.18 19.3 Swiss franc_______26.90 19.3 italian lira 19.40 19.3 greek drachma 1.70 19.3 norwegian Crown 15.95 27.0 danish Crown 26.90 27.0 swedish Crown 27.11 26.8 German reichsmark 23.96 23.s Spanish peseta 14.40 19.5 dutch Guilder 39.99 40.0 Montreal has Dull Day with lower Levels Sjef John Sancton Quebec Montreal Ottawa Kingston Peler Bro Toronto Hamilton Hrant Force a Lehener we Melbor it. William mesh leg Brandon Retina jaw Saskatoon Albert Bridge hat new West Alor Vancouver Victoria april 2. 25 2.b21.627 4.806.920 822.380 _ 568, bs3 92.q30 843 fi20 813.ci4 335.419 481.970 2.706.576 327.792 _ 5.286.565 268.402 545.701 1.799.640 week end april 3. 24 s 3.946.916 i 2.325.884 776.492 628.932 6.94b.125 604.188 779.222 90.650.218 360.801 2.482.-153 870.7k3 2.v26.s17 listed stocks. Beaver april 2. Par value. Bid. Asked. .s100 437 105 was. Bingo 968.39j 312.49a 602.295 5.799.7s5 4.116.134 261.359 610.32f, 15.555.178 can. Pac. By. 100 Crescent Creamery 100 nor. Mort. Fully paid 100 Union Hank of can. 100 by 100 unlisted i it. Amer. Oil. 2o Noi la Star of pad. 5 traders Kuil link 100 West. Grocers pad iop Klec. Pad. 105 1s9 31 103 40 36 a 410 81 80 "42 37 a 415 packing company will be reorganized Chicago ills., april and company one of the Biff four packers will in out of the hands of Tho receivers within three months Bankers estimated today following announcement of the plan of re organization. The plan has the approval of the various interests involved. Frank o. Wetmore chair Man of the first National Bank and chairman of the reorganization com Mittee declared Tho plan is to sell Wilson and company to a new country under fed eral court decree and Exchange the new securities for the old. The pres ent financial Structure will be scaled Dawn. The. First mortgage six per cent Bonds clue in 1941, will be. Disturbed. Holders of other Securi ties and claims will receive securities in Tho new company. Holders of the present preferred Stock will receive one and a half shares of the new common while Hal ref is of the present common will Given four tenths of a share of new common. It was announced that the company Hart earned in 192-1. After various deductions there left a balance sufficient to pay re turns on the new preferred the new a Stock and the new common it was stated. Tho company went into receivers a year ago. Financial Structure was the Basic 100 1 rate. 100.60 102.15 96.55 101.85 103.40 102.80 106.40 104.00 108.95 100.80 102.30 9fi.65 102.00 103.55. 106.45 104.15 109.10 War loan. 3925 5 100.50 1931 5 101.80 1937.___ 5 301.00 refunding loan 1923 5 1945 5 1944 4 a War Tjoan renewal 1927._ s a 1932 514 Victory loan 1927 s a 1333. S a 1934. 5 a 1937. S a quotations on Victory Bonds Are for . Salca. Vorih Star at 415. At 102.25 200 at 102.25. At 96.55 2.000 at 96.60 500 at 96.60. At 102.65 50 at 102.65 4x500 it 102.75 1.000 at 102.85 10.000 at at 102.85 at 102.80 2.000 at 102.80. At 106.ss 750 at 106.25 500 at 106.25. At 104.20 200 at 104.20 200 at 104.20. At 9s.60 at 96.60. 1 Mcdougah Cowans Montreal april 2. Open. High. Low. Close. 66% 66% 661i 65 a s9 a 59 25 i 24 28 28 24 Ali Itil Asbestos corp. Atlantic sugar. 25 b. E. Steel 1st 28 Bell Tel .135ki Brazil trac. 51 a Brompton paper 23 a Canada car 46b can. Car 8216 82 a 82 a can. Sta mesh la 12 12 12 c. S. Pad. 44 44 44 can. Cement 101 101 10oh can. Cement tit. 114 114 a 114 can. In. Alcohol 16 16 16 c. G. Elec. 52 52 52 Dom Bridge. 83 a 83 a Dominion Glass ill 111 111 Dom. Textile. 63b Laurent de. 81 a by a Montreal Power 174% 175 _. National brew 4-7 a 48 138 a iss a i top heavy Peter Lyall a. 21 23 a 21 s. Can. Power. 72 a St. . Flour 30 30 30 smelters 61% 61 a 61 Spanish River 10514 105 a 105 105 Spain River pad. 118 a 118 a 11b14 118 a steel of Canada. 85 85 85 85 i steel of can. Pad 109% 109 a 10914 09 a 59 2514 215 135 a 135 a 5 a -51 v 2314 24 82 a 12 44 114 a 16 52 3314 111 68b 81 a 81 1t4% 175 43 138 a 23 72 a b 30 61 losses outnumber gains but breweries Rise slightly due to buying on Short account special despatch to tile free fress Montreal april Down trend in quoted values was resumed in the local Stock Market on thursday. Trading showed a further falling off and the Active list contracted. Prices declined under moderate offerings which for the most part seemed to come from the Loor where they been brought on the strength of the better tone evidenced by Street. That the Confidence of these traders was deep seated was shown when they relinquished their holdings As new York again became to Settle cart. Breweries was the Leader and closed with a fractional arts once. Most people seem to think that the situation War rants this Issue in Selling lower but there is persistent buying some think for Short account which holds it up. The preferred on the other hand broke two Points to the new Low of 08. Thea compares with a High for the year of 306. Smelters which held Well immediately after the appearance of its annual statement sold off two Points to 60. The annual meeting of the company is being held Here next thursday. Apparently the strength of Lyall on april. 1 had nothing to do with the Date for another two Point Advance was scored on thursday and it has been written that the Stock could easily be moved higher. Net losses out numbered gains 10 to 7, while the average Price of 20 listed stocks was off .03 Point. Bakery merger May lower prices centralized buying Agency will re sult in Economy Canadian press despatch Montreal april the big bakery merger by which prominent Canadian Hakins houses have amalgamated with United states interests James Strachan head of one of the largest Montreal firms stated to will be Able to buy a great Deal cheaper. Instead of by yens ten or twelve carloads flour As before the one organization will do the buying for All companies and the output of an entire flour Mill will probably to taken Over. In other words costs will he reduced to a some reduction in the Price o bread As a. Result of the merger is forecast Here. The Northern bakeries limited which has been acquired by Tho Continental bake nor corporation is under stood to include James a. Aird Ltd., James Strachan Ltd., Dent sons Ltd., d. I. And g. A. Aird nil of Montreal the Ideal baking com Pany Ltd., Toronto and the Neal Bak in company of Windsor St. Thomas Sarnia and London Eastern Brick merger a i i r to pm Iii i or Oan. Ratified by shareholders j. War Loans no Simth to tile t ree i Ress Mont Eai april 2. The proposal Crick com Pany of Canada limited inter pro Vinci Al Clay products limited and Atlas Brick company limited was unanimously ratified today by the shareholders of three companies involved. The merged company will he called the inter provincial Brick company limited. It will have a authorized capitalization of preferred and shares of no Par value common. All Junior Security will be issued together with .300 of the preferred which will be divided in two classes a and the first named to have priority the other is to dividends Only end to have the privilege of conver at any time into class a Stock. Smelters and both slight decline com slim press Papatch april leaders in the de Jimj on their Day s Stock Market . Consolidated smelters and brazilian. Rudins in smelters was comparatively quiet and the Price re ceded to 60. The close was it 60 1-2, a recession of 1 1-2 Points on the Day. Brazil irm traction reached a Low Point for the year to Date at 51. Romp Tor to 24 yesterday and the Crose was at 23 3-4. Which represents gain. After touching 140 ., closed at 140 1-2, w Alch repro decline of two Points. Duluth Superior receded one Point to 37. Final in City were at 59 1-2 to 60. Power merger rumoured. Assoc Burrt Prapa 1 Buffalo n. Y., april 2. Reports were current in financial circles today a Long rumoured merger of the Buffalo general electric company Tho Niagara fails Power company and Tho Niagara and Ontario Power company was on the eve of consume mat Ion. 1925 1931 102.25 102.25 1937. 104.25 104.25 Victory Loans 1932 1927 103.10 103.10 1937 109.00 109.00 1933 j06.35 104.05 104.05 102.25 104.25 1934 1928. 100.75b 102.25 104.25 103.10 109.00 106.35 104.05 103.10 109.00 106.35 104.05 _ 100.85 100.85 100.85 100.85 5% 102.10 102.10 102.10 102.10 1944, 96.60 96.60 96.60 96.60 Union ill Commerce 199 Montreal.245 111 111 111 139 199 199 245 245 245 april 2. Osier Hammond Sellers. Buyers Commerce 200 199 Dominion. 197 195 Imperial. _. 188 187 Montreal ._.ts45 a 245 n ova Scotia 264 252 Royal 236 235 Toronto 798 ill a 110 brazilian traction 51 a 51 a can. Pacific n. A 139 can. Gen. Electric 53 50 can. Cement com 101 100 a Cement pad. 115 114 can. Car f com 4-714 47 can. Steamships com. 12 a 12 c. S. 44 a 44 Dominion Bridge. 84 83 Dom. Textile. 69 Toa Lake of Woods milling 185 180 82 81 a Montreal Power 175 174 Ogilvie milling 140 138 a Quebec by 89 87 Shawinigan 135 a 135 steel of can. Com 85 a 85 Toronto Street by. 117 113 Winnipeg electric by. 42 41 a Money on Call 5 4 a Sterlek in transfers 47-7.92 n. V. Actual. Demand Montreal rate. X. V. Actual. Sixties Montreal rate. I y. Funds Montreal Fate. 477% 477.35 477.25 4-74.80 474.50 3 16 Montreal Macy _ _ Jiffy. Cotton close i Clark. Martin co j open High Low close 24.85 24.65 2-1.53 24.83 i 24.93 24.45 Jarv. 2-5.ss 24.27 24.3s 24.14 n. Spots 24.00 24.80 24.27 24.30 24.14 24.90 24.40 j 24.43 24.20 i Montreal sales reported by Montreal april Atlantic at 25 150 at 15 at 25 at 2414. At 5115 us at b Rompton at 5 at 23% 10 at 24. Canada at 101 5 at 100 Canada Cement at 114 5 at Canadian Industrial at 16 can. At. 12. Steamships at 44. Can. Car foundry at 82 a consolidated at at 61 a 135 at 61. . At 25 at 30% Dominion at 111. Dominion Glass at 112 1st . At 28. At Montreal at 5 at 175. A Bop of at 59 a 25 at 59 a i 10 at 1 National at 471i 20 at 47 13s at 4714 50 a t 190 at 48. Alt lib at 10 at Osl Lvie at 138 y. .p0e or at 21 "l25 at 23 50 at 23w 5 at 23s 15 at Spanish River at 118w Spanish at 10514 75 at 103 50 at 105 steel of at 85. Steel of Canada at Dominion at War loan. At 102.25 Victory Joan at 96.60. Victory loan at 104.05. I Union at 111. Bank of at 24o, of at 199. Winnipeg electric at Bank of England. Canadian press Coble London april weekly state ment of the Bank of England shows the following changes in pounds total Reserve increased circulation decreased Bullion increased other securities increased other deposits increased 620.000 Public deposits increased 000 notes Reserve increased government securities increased the proportion of the Hank s Reserve to liability this week is 19.92 per cent. Last week it was 19.76 per. Cent. Rate of discount live per cent. At work make haste slowly. The proverb a piles with special Force to investment. I fit doubles Over night it May be dead next morning Canada s world Trade Public offering of Dodge Stock expected actual Price paid in motor Deal is now set at total of though there As , a decrease of exports in february As compared january there was an increase imports but exports were higher and imports lower than in. February last year. The february values were imports and exports there were decreases in the Vau us exports of agricultural and vegetable products and of Wood Wood products and but these were More than balanced in increases in other classes especially in. Animals and animal products and nou ferrous Meta a and Thoi r products. To in Man who offers to double your j Money for you in a very Short time is either a liar a fool or a Champion Al. I Trust in England London cigarettes 1o promoters offer you invest ments which they say will double our Don t be taken in by such promises. If the promoter actually had something which would Ilo this he could Securo capital from the Banks at a moderate interest Cli Arga further More if Tho proposition was any Good Why should1, he look you up and plead with you to let him have some of your men with 100 per cent Money making propositions Don t red to do this. Almost invariably the Only person who makes any of huge profits which a promoter of worthless Securi ties promises you is tha promoter. If you feel that j of Are getting your Money s Worth tit of listening to him ahead Ana buy. If you want actual returns on your investment investigate. Copyright 1d23 associated editors. Inc full text of Campbell report exonerates Winnipeg Coal dealers suggestion is made of regulation forcing dealers to keep sub Stantial Reserve Coal supplied by Hudson was of inferior preparation to that of other dealers. Press despatch new York april the country s most powerful financial interests will be associated with Dillon. Read and company in financing the Purchase Dodge Brothers inc., automobile manufacturers. Allied with Dillon read and com Pany will be Kuhn Loeb and com Pany the National City company Blair and company the Chase securities corporation and the Central Union Trust company All of new York and the first Trust and Sav Ings company and the Continental and commercial Trust and savings company of Chicago. More than Worth of stocks and Bonds f f the new Dod pre company will be sold to the Public. Although Bankers have yet decided on the total amount of financing it was estimated in the financial District that by applying part of the Dodge Cash reserves to the Purchase Price the Public offerings could be limited to about Price is special United truss to free press by free press private wire new York april is Learned from authentic sources connected with the Dodge estate that the actual Price paid for the Dodge company totalled legitimate Coal dealers Winni Peg conduct their operations on a sane basis and the put lie Winnipeg have been enabled to Purchase Well prepared fuel at reasonable prices according to the findings of d Campbell who under authority from the department labor at Ottawa conducted an investigation into an alleged Combine amongst Coal dealers at Winnipeg and Uther places in Western. Canada. Or. Campbell s report which has now been published la pamphlet form occupies 48 printed pages and delves deeply into the Domestic Coal situation in Winnipeg and the West. Tho investigation was ordered As the result allegations made by a. B Hudson and others hat a com Bine among Coal dealers existed for the purpose improperly main Taining retail Coal and that because the complainants refused to join the association the Combine had operated against them to their considerable disadvantage. In addition to or Hudson the Only other names frequently mentioned the com Sata ants is that a. X Courtney. Evidence was taken at sittings held in Winnipeg Edmonton Calgary Drumheller Saskatoon and Rufina. A total of 10g witnesses testified while 850 questionnaires were sent out to dealers in country towns through the three Prairie provinces. A. Great mass of information was obtained but the commissioner in his findings exonerates the Coal dealers both from operating As a Combine to maintain unreasonably hug Ali prices or from charging prices higher than the Cost of the commodity and the service they rendered warranted. Says Hudson s claim baseless in the allegation which lied to Tho investigation the statement was made by Hudson that the Hoople of Winnipeg might be saved an amount from to in the Cost of Coal to them. Or. Campbell in his report says there is no evidence to substantiate such a statement and although Hudson in his evidence claimed to have made a considerable profit on handling Coal at approximately per ton less than charged by the Ordinary dealer his accounting methods were that it was impossible to verify his statements. , up a far As possible he came to the conclusion that Hudson had Over Esti mated his own profits and exaggerated the extent of his business. In dealing with the method of handling Coal from the car to the consumer eliminating As far As pos sible Yard expenses equipment and therefore bringing about a reduction in the Price of Coal or. Campbell says it is incredible that to Many Busi men should be so lacking in their business ability ind foresight As to invest so much Rooney and to systematically add to Hie expense of operating their bus mrss if these things were essential to the needs of their business. I have come unhesitatingly to the conclusion that shed and bin. Accommodation and Reserve supplies of Coal Are absolutely sentia to a retail Coal business in this country. Our weather and climatic conditions can and de tiers must be prepared at All times to meet the de Mand of the Public for an ample Supply of Coal or great hardship and suffering would periodically be met with. I am of the opinion that the Coal dealer who avoids carrying his fair sri Are of the Burden necessary to maintain a substantial Reserve stocks avoiding a duty which he owes to the consumes which cannot be compensated to them by the Small reduction he Price. Rather than suggest that the business does warrant it i would Ibe morn inclined to say that to should be a precedent to Beine permitted to in Gage in Tho inside history in the course of hip investigation the commissioner uncovered the in Side history of some of the leagues which wore ostensibly Lorcan Zerl to provide their Mem mrs with Che upor Coal. Apparently the Juty mint of an fee was of no it act Cal Valuo. Dealing with one of those which was known As the docs us Coal i con Sumers league and an in trance fee of was attached the report the league was to be composed of members who paid p Entrance fee of ?4. Each and were to receive Coal at a subs Antral reduction below the going prices court Ney says that this a All collect and retained by Starrett who had an office downtown. He also says the number of people who were induced to join was about 75 o 100. Star rett says it about one third c that number. Ivo record appears to have been kept from which am thing could be ascertained. Tho association finally came to grief in february 1924, when Courtney Saya it was practically bankrupt. To also states there was a daily struggle Between himself and Starrett to who should get the contents the Cash drawer. It might be noted in. That the Coal handled by this Concor was the Rosemount. The iniquitous of this league was the absence of value in return for the Entrance fee they made no. Distinction betwee members and non members in the matter of Price Selling to am for the same Money. Who paid the Sta Brett admitted those got nothing for their Deai Ini with or. Hudson and some of his complaints As to being placed at a disadvantage in. Obtaining Coal the commissioner says it seems rather anomalous that some of the dealers whom he Hudson charges As being in a vicious Combine whose chief aim was to put him out of business have befriended him on Many occasions by Selling him coat when he needed it and could get it elsewhere at the time. He Sells Coal on a strictly Cash basis and in Deavors to buy from 15 to 30 Days credit. From the evidence furnished he has made any profits but has had difficulty in making ends meet to aay the least. Methods criticized the utter absence of any systematic accounts or records of his business and financial transactions whereby one can definitely determine the results of Bis business makes it impossible to say just How unsuccessful his business has been. Moreover after going As fully As possible into his affairs As Well As those of his co complainant i am unable to say that the preparation of Coal which they have delivered has been Equa to that of the great number of Deal ers against whom they have made complaint. I a no convinced that most if All of the Well established dealers furnish Superior preparations and better Coal. In putting fuel on the Market he is quite prepared without any Hesi tation to sell it As it May have been sold to. Him without any knowledge As to whether or it is As represented As to the substitution of cheaper coals i have already pointed out that a considerable amount of the Coal handled by them is of the highest Quality nor is it Well prepared either by themselves or by the dealing with the question As to whether a Combine Between dealers exists he reviews the Section the act defining a Combine and says it will readily be seen that the act recognizes two distinct types of com Bine one As Legal and the other illegal. The determining Factor As to which category the conduct of persons be Longs depends whether or . That conduct is operated or is Likely to operate to the detriment of or against the interests of the Public. In thl Case has it done so by reason c prices which the Public have been obliged to pay for Coal or putting the proposition in another Way has Adverse news is cause of reaction Fey industrials lose ground under heavy pressure associated Prem despatch new York april prices turned reactionary today on Sellini inspired by a series Adverse new developments. Including the French government s decision to increase its note circulation the Extension crude Oil Price cuts and the reduction in the great Northern Ore dividend. The re organization plans of the pan american Petroleum Wilson packing companies also proved disappointing to the speculative fraternity which sold those stocks freely. United states steel was hammered Down to 114 and then rallied feebly showing a loss of two Points. Baldwin closed fractionally lower tit jul american can closed at 162, off american Woollen was hammered Down to a new Low for the year at and then rallied to 37, Oft Independent strength was shown however by motors which soared nearly ten Points to 30 9-u and then slipped Back to 307 Mack trucks which closed 2% Points higher at 138, and preferred s. S. Otis elevator. Pierce Arrow preferred and Standard milling up two to five Points. In the rails Good gains were recorded by Jersey Central Denver and Rio Grande Western preferred Lacka pure Marquette. Sterling steady. New York Iii in 2. Sterling Exchange steady at 4.73 1-2 for sixty Day Bills and at 4.77 3-s for demand. For eign bar Silver 66 3-1 Canadian Dol Lars 1-16 francs Desmand 5.19 lire demand 4.10.3-4. I new York stocks closing bids Clark Martin company stubborn fight made Buus to hold open High Low bid Coso i 3114 Al a 35 3l s 47% 12% 83 i 93 36% 44 31 is 20 22 47 12% 83 117% 11854 74% 73 i4oy. 54 23 14 62 54 Slid 7014 Copper Amer. Smelting. 93 93 Anaconda 37 37 Cerro de Pasco Chile a Llano 23 23 a Kennicott 4816 As a Miami 11 11 Ray cons. 13% Rutah . 84 84 Liu Irlond at Hasou sva bait. Ohio 74v4 can. Poll la Kly. 141% 141% 13s Chesa a. Ohio. 9014 91 Chicagon West n 55 55 Erie com. Z3h it. Nor. Ltd. 62% 63% Kuna. City so. 31 a 31 a Leli Isth Valley 70 a 72 mo., Kad. . To. Pacific com. 3314 331 a to. Pall la Ltd. Naw Haven Sou n. Central 115 a Northern Pacific 61w Pennsylvania Peru Marquette. 65 65 do t2 72v. 72 Rock Island 4234 42 a 41 a St. K san it. 65y, 65 h 64 Southern Kly. 84 to St. L. S Western. Union Pacific 138h 139 137. Iva ssh a 62% 62v4 61% equipment am car i f dry 200% 200v4 199 am. Loco. 324% 122 Baldwin Loco. 113% 114 Cima Loco. Pullman co. Motor Stock 73v. 29% 115 a 114 61% 31 a 72 30% 32 i 73% 30 a 114% 61% 4514 63 72 a 42 64% 84 45 a 139. 62 a 199 122 12314 114 621-2 132 Bosch Mab Neto. Chandler general motors. Hudson Itu Irp Maxwell m. A 70 a 4331 34 a 69% 4 3 a 27% 34% 70 43% 15 a 88 ragged movements disappear Jug Stout rally towards the close proving better Market tone 1 Al United Lar Spalli to i Ress by free 1 Elrate Virt. By Todd w. Wright new York april 2. Despite severe break in Grain and is truck 336% 139% 138 Stewart Warner. 60 Studebaker 43s Timken Noil. White motors 5914 Willys Over. Pad. 80% Oil Atlantic real nuns. Calif. Petrol. Cosden 27 i Louston c-4 Imperial Oil int. Petroleum Marland Oil Pacific Oil pan Amer. Phillips petrol. Pure Oil Royal dutch. Sinclair cons. Stand. Oil Cal. Stand. Oil of 23 35% 55 74% 37 27 50 ii 19 a 59% _ r 61 stand Oil of stand. Oil of . 42 a Texas co. 44 a vacuum Oil am. Steel f dries 48 a 60 43 29 ii 28 64 a 30 -35% 38 27 507e 19 a 60 a 62 a 42 42% 44 a 87% 59 42% 59% 85 y. 59 a 60 85 la 10214 27% 29 27 to 64 29 23 34% s4 a 74 a 36% 26 50 a 1814 61 40 a 42 a 44 8014 48 a 41 a 68 47 Vij 39% .33 is 66 46% 46 Bethlehem steel. Col. Fuel Iron 33v1 Crucible 67 Gulf states Stool 70% rep. Iron it steel Replogle w gloss Sheffield . Steel 115 a 115% 114 rubber Fluke rubber co. Goodrich . Rubber 30% sugar am. Beet sugar. Amor. Sugar co. Cuban am. Sugar 29 tobacco am. Tobacco cons. Cisar co. Tobacco prod. 74 53% 05 a 29% 11 a 53 64 h 29 64 a 30 23 a 35j.i 56% 75 37 r. 50 a 19 60 62% 41% 42% 44% 47 a 33 a 67 70u 34 84 a 314 Lylliss .35 40 65 a 88 a 28 Ilont gom. Ward. Shultze stores 45% 45% 45 Uze soars Ilo Bucl 152 a 152 a 151 be 1 1 ii .1 in a 11r wooh Vort. Am. Tel. Tel. 13514 133% am. Water Wka. 45 a 45% by k n Llano. To. 3814 .33 a Columbia Gas 54% 55% cons. Gaa 75% .75% air reduction Allied Cwm Laj. Allis Chalmers am. Can co. 117 a 118 1331s 133 a 45 a 45% 38 55% 7516 33 54% a 3m. Iron pipe .-166 Central leather. 98 .99 u 98 99 a 83% 83% 81% 82 80 80 162 159 a 161% Bow 35% my 165 162 a 165 persons been such that retail prices for Coal have been charged in Winnipeg that Are justified by reasonably necessary service rendered having regard to the facts that i have found i cannot find that any such Combine has been reviewing the. Evidence where it indicated there had been collusion be tween apparently with the object of supplying Hudson or Courtney with Coal or. Campbell Points out that it would have to be established that such collusion had resulted detrimentally to the con Sumers. He goes carefully into the evidence and a paragraph dealing with this phase of the question reads Hudson in his efforts to compete for Trade., la Excelsior proceeded to undersell the dealers handling it. If this is. Who were done surely those dealers have the right to say to the producer from whom they buy if you sell to Hudson we will buy your Coal.1 the producer is merely called on to choose which of two customers he prefers to Deal with since he cannot have both. Even the fact that in doing this Hal Allday and Robinson intended to main Tain their present prices makes it no worse sinless it is shown that such prices Are so unreasonable or unfair As to be detrimental to the interests of the cannot find their prices were and their conduct there fore does bring them within the the result of the investigation therefore merely serves to establish that no ground existed for complaint on the part of a and. The other complainants that prices charged for Coal have been reason Able and that no Combine exists de the conduct of any combination of trl Niestat to the consuming Public. Coca cola con oleum co. Corn products Davison chem. pm Dicot Johnson Fleischmann s y. General Asphalt 92 35 of a 33 45 92 35% 38 a 33 91 a 46 i 45 91 a 35 37% 32 a 14014 63% 76 a 46 a 25915 30 general electric. 260 a 260% 257 int. To Harvester t103% 103% 102 a 102 a ind. Alcohol 82% 82% 81% 82 int. Mer. 31. Pad. 41 a int Nickel. Int. Paper. 51 North Amer. Co. 44% radio corp. 51vi Tex. Guu Sulphur 102 a Worthington a. 48% Weot Lyngh. Elec. O7 27% 51 44 a 51 a 67 26 a 50 49% 100% 66 a 41 a 26% 50 44% 50w 34 102 47% 66% Goodwin s shareholders Sale to Eaton s special despatch to tile tree Montreal. April a special Ren eral meeting held today share Wolfl ers of Goodwin s limited unanimously ratified the Sale of. The concern to t. Eaton co., of Toronto the Duye Rii assuming All liabilities As at Jan. 28, and in addition paying in Cash the sum of this will be sufficient to retire. All the preferred Stock at Par and should leave approximately 72 per. Share for the. Common. It was meeting that distributing proceeds will be made to. Shareholders Early this month. While no Deal note Date could be set it that this would be about april 7, next. Curb close . To ., to Imperial to into. To 24, cont. To Coutts. To . Of the Selling pressure stocks played stubborn resistance thursday and Little headway made in depressing prices. To auction in Call Money to cent in the late afternoon Sene h restore Confidence and the of Ujj hot rallied sharply from for Cist earlier in the session by in bears. The action of the s Ock Market h staging the last minute Rise Rakosi of the Day s activity had resulted in a rather ragged declared to be a test .0 Market s staying Powers by interests who have Clung stoutly the conservative Side. No reason appeared for the Jack in the Box move eos of the last few Days As any Tyr. Moni than a logical irregularity of. Lowing a drastic decline. Fiina. Mentally the Market is in Shaojie than it has been in Bim weeks. This week there Haa Bea nothing but news of a conserva Jurj character in Industry despite slight tendency of some Basic Una to Slack up a bit. Fluctuations in French Lasa again furnished the Only feat Jtj the foreign Exchange Market a certainly Over the financial Pulty of present government caused further weakness at the Start Bat the rates later recovered part i their earlier losses. Yields on am unlisted stocks compiled by Balfour White and company i Price till 306 so 355 99 84 74 a 30.73 6.6c 7.St saris Aira. Pac Grain. 7% Ltd. Holding Corticelli 7% pad. Brand ram Henderson 7% cd can. Westing., 8% com. Per. Trans., 7% Dunlop tire 7% Kam players 8% pad. Ilo linger cons. Gold mines cd 1% 4.0j my. Tob. Can., 6% Cal i. 4.45 Laurent de Power. 5% Sty 5.s Montreal City Dis. Bank. 10% 377 Sec Robt. Simpson 6% p cd. 98 Softli. Cau. Pwr., 6% pad. 96 Alberta issues tenders for refunding is Sot Canadian press Edmonton alta., april Alberta debenture Issue of to be made april .15 and the provincial treasurer is now tenders approximately 200 financial houses in Canada and the in item states Are being notified and Seaw tenders received up to noon of the Day of Issue. The new debentures will be Fortt purpose of refunding an Issue of maturing May 1, and use of will be taken Naai the provincial sinking funds the dem of the province being reduced by thai amount. At w i Juaa with Acbo go be ill to b. Steel sets new production record Ceniu Ullin Sydney n.s., april steel ingots at the. Sydney Plant the British Empire steel corp Ralta during Juarch amounted to Gross. In turning out this Quantity straight Basic the open apartment set up a new High rear the Best previous monthly Gross tons made during 1924. Ninth of March rage number of employees per ing Day was and paid out in wages exclusive o conversion loan special in bin to the free London april 2. It late today that tenders for the government con at 76 pounds. 16 shillings Pence received allotments of cent. Tenders above that were allotted in full application were made for metau markets. Associated deft Patch. New York april Copper and 13 to 13 3-4. Tin easy ? -52.00 futures 52.12. Iron easy Northern. 22.00 to 22-.50 no. 2 them. 21.50 to 22.00 no. 2 sout Kei 20.so to 21.00. Lead steady w Zinc easy East St. Louis . Asj Tures 7.05 to 7.07. , 14.00 to -14.2s. At London Standard Copper "3 6d futures 10s. Lytic Futi ires tin 7s 6d futures 7s 6d. Lead 8s Zinc 2s 6d 10s. Real old scotch produced in the finest in Scotland and matured for Many years in old Sherry casks Gilbey s fulfils the demand Olalla who insist upon the finest and oldest scotch whisky pro curable shipped at full part War strength bottle and gtxaranttea1 by w. A. Gilbey Glen spey Glen vet , Scotland see liquor store Price list f or Gilbey s ports Gilbey s sherries Gilbey s London dry Gin Gilbey s Jamaica ;