Winnipeg Free Press

Monday, April 06, 1925

Issue date: Monday, April 6, 1925
Pages available: 20
Previous edition: Saturday, April 4, 1925

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Winnipeg Free Press (Newspaper) - April 6, 1925, Winnipeg, Manitoba 12 Matoba free Bess. Winnipeg monday april 6, 1925 Alberta municipal finances Are in better shape than Ever before according to govern ment inspector fiddler. News of the business world Trade and Commerce mines and the Money markets Rijkent corrective movement in. Stock markets does noting Cate unhealthy condition in Busi Nessi. Production is maintained big Vancouver Bond Issue is Wellech Fol Bond Market feels effect of slump in other financial markets and prices show softness the traders viewpoint Clark Mart 232 Portage Avenue the past work the first session saw another drastic decline in leading Stockes Troke through Pound. Several of sound business is probable in second Quarter Trade in Iron and its products Market. To now them ton Point rally As started prove i to the the of the present decline. The that data is How f receipt Bear movement is Only corrective movement important changes Are All for better co Toronto april City of Van Couver of is ,000.000 5 per cent Bonds was the largest of this week and the Only Sale that attracted any one Cha interest. The Bonds were made up of two a lock one of Matur ing in 1sss, and 5200.000 maturing in alternate tenders were Benj the Only hat kept the Market from to lower ground. Tea bad influence Market was under the of a drastic break in the wheat Market and this to a certain extent prevented it from rallying further. The first of the month waa the first session. That was special unit try i s despatch to press by free private Tiro by Todd w. Wright now York april View of the somewhat Radical corrections of doom tendencies in the speculative markets which were the Moat import ant developments of the first Quarter a the new year the fact that Insl general average of n8as Tondl tons remain relatively in advanced two i be attributed to the in. Was accepted. The hit Hest bid j Rares wed pressure put on the j soneral has Baen pursuing. Read fir Bonds Payn Blo a new York was Market some sections of the list giving in the Stock and wheat or Only a difference of .07. In i away Quick la. Was continued asked for Bonds payable both in Canada and j the Mariet had Only advanced two a Mist be to a i Canada Only and j Points monday s Low. Further dirt Dojic which business the Haj re Price of 99.11 on a Canadian Laht Nour indications were that j policy away in of the act that the municipality during1 april 2. But this time the Market have to any Exchange. It to a the ctr s interest that the Cana Dian bid be accepted. Vory satisfactory it la very Seldom the City of Van Couver comes on the Market and to of the favourable opinion which the after giving ground slightly during t first two hours refused to decline father and the Dull appearance it presented caused uneasiness amongst bearish element especially with the great activities of the motor group. -.vhlch, in spite. Of pressure. Corked assuming towards the into steadily higher ground this municipality Tho Price Friday s session again the Markot called up0n to absorb a Large volume of Selling but the demand was Etiel to it and in several sections Evan better. All stocks offered were taken and the Market was decidedly steady in spite of the we break to markets femoral Bonds of this municipality Tho Price which they Wem enabled to borrow at which waa a Cost basis to the municipality of about 5.05 per cent., May be regard Ltd As very satisfactory. It is interesting to into tent in practically All the bldg submitted the for Canadian and american Bonds were part Mcahy the which is to Indi cation that tha level of prices Between Market Nurt thew tors la in fit the same particularly for Long Bonds next Lur rest Issue that of Tho town of Tom Ming. Totalling1 seme 5330.000 and made up of various maturities and interest rate a. Soma of the Bonds Wero by the province of Ontario and at the Pilro received. Namely. 10l52, the Mun i pallav a securing its Money on about j is derails proportions sri Fisl of s maturing in 1953. Payable in in Mon new Toroc and . At n Price of j ground in which for a time presented sized appearance. The last few Days of trading when Analysed closely indicates that ally our further Prea Stire will be brought to Bear upon tha Market the latter is not Likely to give away As it has during the previous week. Signs As indicated further there Are by the volume of Trad los. That a Pood rally could easily j come and should the latter press tha Short interest that the last decline has created the rally could become of con 97.57, or a 5.16 Pitr cent basis. Market is 3ofter generally speaking the Market appears to to a trifle softer than Durons the last Foiw welts. Although there have been no substantial recessions in prices. The very severe plump in wheat prices has had ail effect non Tho j meeting with Stock Market in of general mid this in j level Union j contrary they failed to rally As much. During the rally they became very Dull showing that if there is. A Short interest it 13 not inclined to corer and seems very confident that it will be Abla to do so at lower Levels. Southern rail Way which has now declined Over ten Points from its help a. Seems unable to come Baltimore a Ohio rallied from 71 to 75. But is pressure at the latter Pacific after its drastic turn has had bit unsettling1 effect in i decline of is Points has failed to rally financial circles with the result tent Bond prices Hava reacted to a slight pressure has however been lifted. New York Central declined slowly but Stead extent in sympathy. There is How j by. The entire week Selling at on Ever no Basic weal mess in the Market j Friday acid is still leaded for lower and thiere does not appear to any Levels. The engr to give the impression that pres ent Levels will not be maintained at be Airt for some Little while in the future is plenty of investment Money available although it is reluctant to become employed under a 5 per cent basis. Any Bonds of substantial cities and towns can to yield 5 per cent or better ars very readily disposed of. Premier mine reserves Kcf Ore valued at the production of the Premier mine in British Columbia for 1924 was of. Of Gold of. Of Silver and ibs. Of Lead says the Vancouver province. Persistent reports have been in circulation that a Large body of Rich Ore had been struck in the new no. 6 level the company s report specifically refutes this statement. Additional Ore has however been found along the main northeastern Ore zone on which the company has carried on its operations from the beginning and at the intersection of he Northwest vein with the main Ore zone. These discoveries have not. However increased the Ore re serve merely compensating for the amount of Ore mined from year to year. Oro reserves Are valued at 000. While the company had options and made Largo payments on adjoining claims it has not been Ablo to find any Ore of commercial value outs do its present boundaries. New York Cotton Mav july oct. Dec. Jan. Opem 24.10 24.40 24.07 24.03 23.03 24.25 24.54 24.20 24.25 24.02 Low 24.08 24.35 24.01 24.05 23.ss close 24.13 24.41 24.25 24.09 23.90 motor stocks stocks were no doubt the brightest spot in the Industrial Section. To is the Only group where something like a Good rally took place. That some thing was underway in this Industry was indicated by the action of the Dif Ferent members for the week ending markets were mildly reflected in momentary hesitancy on the part of business but it has become appear inf that any important changes Wero for the better rather than for the worse. Such actual changes As occurred in the rates of productive and distributive activity were largely if not mainly attributable to seasonal influences some s Ortins at this season being the Rule. During the first two months of the year and a considerable part of March the operating rate in the steel and a num Ber of other industries was slightly above Normal. Slight slowing up modification of this tendency was noted into in March but it so happened that while slowing Down was taking place in certain trades. Indi cations of an Spring were be ing reflected by speeding up in others n general however to is probable j that the rate of production at the end of the month was below that at Tho beginning. As evidenced by the Price changes i the month showed even greater irregularity than february six Corn j modifies reaching new Plarr. Prices for j the year against Tea which showed i now lows for the year. Beef pork products Cotton and print cloths were motors display great activity rising strongly Maxwell a and t reach hew tops Wale Nash soars 16 Points also to new High Cost of uhf Flag Falls Canadian press despatch Ottawa april Index number of wholesale prices in Canada computed by the Domin. Ion Bureau of statistics and weighted according to the com Mercial importance of the 235 commodities included fell 3.2 Points in March being 161.6. As compared with 164.5 in february last. Alta. Municipal finances show both imports and exports of Iron and its products were greater in february than in january but while the imports of s10.751.114. Were slightly lower than in february last year the exports of were above those of lust february i r in the twelve months ended with february both imports and exports and especially imports Are considerably below those of the prov locus twelve months. Associated press now York april a. Speculative in Terest in saturday s Trief session the Stock Market Usu divided Between the motor shares which moved up vigorously on a resumption of Pool operations and Delaware and Hudson. Which soared More than six Points on Tho official announcement of the pro posed segregation of. Its Coal proper ties. The general Market Aiso Dis played a stronger tone despite fur ther in settlement in grains net gains of s. Point or More being quite com Mon at the close. The Maxwell motor issues led the group in Point of activity the a Stock touching Sui and the a 60 both at new record Hijra is. The cios quotations of s1w and 60% repro mar of 25j and a tors soared re 16 View York stocks inspector fiddle says Loans fewer and most Loans in record time Clark Martin company i new Tori. April 4. 1923, Civiss open a Jofh bid Copper Amer. Smelting Anaconda Cerro a Pasco Chile ._______3214 inspiration a Enneett 48 94 38 32 h 9svk 32 it Calgary april municipal tricks Alberta Are in the Best Ancial in one history of to province. Municipal Truta eld not borrow for either sch of or municipal purposes last a ear. J the remaining one Hundred Aai municipal districts which did 48% 1054 1314 47 10 12 a is 15 is s4 All but Twenty nine repaid the a Hajj i before the end the year. Stocks and shares on the Montreal Stock Exchange among the commodities which reached new High Levels whereas wheat com Oats flour Coffee sugar arid some of the metals went to new lows. In general the Nirh prices noted were arrived at Early in the month and the sow prices late in the month. 1 there were exceptions As for in Day gave the in Reluse to pick up stance pork which reached its top in stocks in the Keal Market the last week of the month. Bare shelves at the Levels Confidence is shown j obtained throughout the week. As As reported by statistical records. A result purchaser had to pay any March was fully As Active in most lines As either of the two preceding months. Car loadings Bank clearings and most of the other accepted Baro meters of Trade continued to reflect saturday sees strongest session of year with net gains outnumbering net losses 18 o issues both reach new Southern Canada Power increase Brick of present Good Leport. Special despatch. O the san press Montreal april to whom the rather Zernar fable development of strength in Wall Street on Satur found which spots. 24.40 is Down. Annual meeting Western grocers Ltd. May 5th, 1925 to tace is he Tsoy Given that the general meet nor of the share holders of grocers limited be held at the head office of the company in the City of Winnipeg Manitoba on the 5th Day of May. 1925. It tha hour of 3 p.m., for tha Folio Wing purposes Viz presentation Ana inception of directors annual report and annual financial statement of the company. The election of auditors Tor the Corn year. Tha election of directors for the 21. The first indication la that they were being purchased any time they Camp near the lows of Tufa Rich 17, and the group average failed on three different occasions to break below that level although the rest of the list could not find any footing. The feature of this group is centred on the Terf Ormatina of Mack trucks. To advanced through from the 120 level to 140 in three Days time. Its movement was helped by constant rumours of the special distribution to be made on tha Stock. Its movement however smocks of manipulation and May have been brought about to facilitate the Selling of the Stock. Studebaker also was constantly bought around the 42 level and was stroma enough to Shock any decline and Force the Price Back to the 44 level. General motors however failed to follow the rest of the members. It fluctuated Between the 69 and 70 level. Chandler Rotor for some reason of other continued to Advance slowly and there appears to be persistent buying of that Issue. Oil stocks tha Oil stocks save p. Better account of themselves this week than the pre Alcraa one. Activity qua on a larger Scales and mostly on the constructive Side the Market. Pan american a Stock Small provides the feature of the group. It is dealt in a. Extremely Largura and fluctuates to within a Rar Tare of 10 Points. Its volume Dur ing week larger than a the rest combined. Its movements How Over Are of such erratic nature that is hard put to follow them. Sinclair Reno Irereo a great part of last Derf lne advancing from 17 to a Oft 20 Marland of halhed of Truckly. After touch Nir 33, but the character of buying a not of a nature to Confidence and us behaviour is such that under Ujj. Jul than Likely that it a Ftp a dip ground ext Lockly. Cosden has go far Fahed altogether to come Back. To presents a decided weak in Carance. Pacific of recovered sharply from its slump but Tho by Lnor to be mostly frown coverings steel stocks Altha Rurh real pressure was put on the steel Ero Trp duo mostly from the Down a Forward buying in that Industry Thoy did not lose ground a much As during the previous week halted states steel declined to the ifl2i quickly. And during a pal 1 Brood baying developed that carried Tho Stork above 116 around the Low of March 21 it received considerable support and Darlne Friday s Sharp drive the Stork failed to break through its last Low. The rest of Tho Independent Scroup seem to be battling around the level established during the week without Rev inst much indication of their intention. Satisfactory conditions. Where the value of these Ince ies was questioned Reliance was based mainly upon opinion and first hand observation. Those venturing forecasts were torn Between Hope and expectation but in the Outlook was Anas viewed with Confidence. Of forum banknotes total reaching Canada is Small say officials Canadian Tress despatch Toronto april Imperial Bank of Canada today issued Tho following statement regarding a London Cable referring to the possibility of the forged Hank notes emanating from Russia the article cabled from London was referred to ill. More the superintend ent of the branches of the Imperial Bank of Canada. Or. More stated that while he is of course unable to state the Quantity of spurious Money which has reached London it is quite pos sible that it May reach a total of As stated. The Imperial Bank of Canada had no Branch in London and the Bank referred to As having received tha notes is probably the Imperial Bank of per through which Branch at rest. Near the Caspian sea a great Many of the counterfeits appear to Piave passed. Only a few of the counter Felts appear to have got into circulation in Canada and where there has been evidence of honest ownership these have All been redeemed by the Imperial Bank of where from a fraction to seven Points higher for Moat of the stocks on the Board. was Only one decline is a fairly Broad list for the Brief session Ani that was of a Quarter of a Point in Canada Cement preferred. The Iemon Stratton was probably the of the year to Date net gains outnumbering net losses is to one while the average Price of Twenty listed stocks advanced .27 Point Asbestos Stock i were prominent. At the company s Drummond tue Power House. This will bring the capacity of the Plant which was put in in 1919 to eighteen thousand horsepower. The turbines for the new units will be supplied by Cana Dian Westinghouse company. The seated net gains Spect ively. Nash Points to a record top at Jordan fetish a and Pierce Arrow preferred each to. Pachfl. Moved up about -2vs Points while Willys Overland preferred and some of the other automotive is sues showed gains of a Point or More. A the so called Pivotal industrials showed substantial gains on the Day. Can rallied three Points to 163 and then eased slightly. United states steel and Baldwin each closed about a Point higher. Outside of Delaware and Hudson which set a record top at the chief interest in the rail group Cen tred in the brisk demand for the Gull Mobile and Northern issues each of which closed about 2% Points higher on reports that important negotiations Tho exact nature of which was not Dis closed were pending Between that Road and Illinois Central. Total sales to shares. Montreal stocks 63 33 74 53 h. 62 a 33 73vi 141, i so v work will be finished by Early Fau it is expected. It will be interesting to Southern Canada Power shareholders to learn that the full amount of Power from the Hemming Falls development is now being supplied to the Shawin Gan water and Power company under the terms of the contract. Delivery started in March and has now been brought up to the full horsepower required tinder the contract. A third unit is. Now in operation thus giving the company Power for its own distribution sys tem and favourable Progress is re corp asst Steps pad Atlantic Beu Tel Brazil tre Letlon. Brompton paper Canada car of 60 67 ill Cowans april 4. Open. Hsii. Low. Clos 65 66 66 61 i 67 6114 92 a 93v" 92 l ? 23 26 135% 135% 15554 51 ii 611-4 61 a 24 24 24 4414 1 can Cotton-------106 106 can. 101 4414 is a 24 46b 441other three horsepower units which will bring the Plant s Capar City to horsepower. With the common jumping seven i ported in the installation of the Points to the net High of 67, while the preferred up. Two Points to 93h sex breweries was the Active Leader and sold up to with broken lots changing hands at As High As 50. It closed at 49m, for an it gain of there were rumours that an Effort was be in Tow matter of the estate of Sarah Emma Shulson Lata of the City of Winnipeg Manitoba spinster. All claims against the above estate must be sent to the undersigned at 333 half. Street. Manitoba on or before the 15th Day of slay 1925. Dated at Winnipeg. In Manitoba this 33th Day of March 1925. The no Fhern trusts 2i situation shows no increase in world Trade Laid up ship tonnage in the United pm from at the close of was 469.9s1. Start for from n Peak of tons in Jun nary of last year the first three month of 1p24 saw the total reduced to 410.000 tons. To that figure 60.000 tons been added by the end of july hut Tho heavy de for Irraine ships which followed fibrous it about a fall during the Fol Lowne Quarter to 331.000 tons the lowest tota.1 of unused tonnage recorded in four years. According to Lloyd a the. Small amount of employment available for shipping is a Clear indication that so far there has been no marked Addi Tion to the volume of intimation a Trade and therefore under such conditions there can be no real improve ment in either shipping or shipbuilding. Bank sales. Toronto april of Bank Stock this morning were s comm Surce 199 5 Imperial 1st 7 Nova Scotia 262 6 Royal 235 10 Toronto 19s. Money at work the get Rich Quick has sent Many a Man into grinding misery and poverty successful. Speculation experience i capital a judgment t i nerve t have you the if you intend to speculate get a seasoned trader to take you to a brokerage office and give you a few biographies. Ing made Over the week end to Patch up matters Between the Brewers but statements of interested parties refuted his Story. Power was in demand and advanced two Points to 176h. Be coming quite Active in the second hour. A. Decidedly better feeling was in evidence about the Streel which seems to augur Well for the Market this week Given any encouragement by new York. The foundation company has been awarded tto contract called by Southern Canada Power company for the construction work in connection with the installation of two new thousand horse Power units 106 106 101 Cement 114v5 114v. 114v, can. Converters. 81 81 81 can. In. Alcohol 16% 16ft Dom. Brinsc _ 8s s6 85 Dona. Can nerf _ 9o Dom. Glass. 112a 8b Detroit United b. E. Steel com. Dom. Textile _ 69 Lauren tide. 81 it Lake of woc8s_ 180 z a 69 69 83 81 180 180 115 176 its 56 49 81 to 63 8s Iso Llola 176 a 49 139a 90 89 721 j 30 Montreal pourer 175 a atonal brew _ 49. Ogilvie. _ _ 139a Price Bros 39a Quebec by. _ s3 s. Can. Power. St Lawr. Four 30 30 Shawinigan p. 135% smelters _ _ 60s Spanish Pover _ 136 k 106v. Span. Hit. Pad. 119 113 steel of Canada s5 steel of can. Pad 109 4 War Loana 1325____100.750 1931 _ 102.25 102.25 102.25 102.25 1957 104.35 104.35 104.35 104.35 90 7214 30 ____135v. 6014 106h 119 119 85 Soli 10914 the investing Public generally have held in the future of the company since the present administration showing net profits after All charges including income tax at 5l National Brick company of Laprairie limited justifies the Confidence which the shareholders and Victory Loans 1928 5% _ 100.85 100.85 100.85 100.85 1932 105.100103.100 1827 103.10 103.10 103.10 103.10 1937 took hold. The annual statement for Thi twelve months ended. February 28, also shows working capital to have increased nearly or approximately thirty per cent. The showing is the More remarkable for the fact pointed out in the remarks of the president c. C. Ballantyne. That sales were Only slightly ahead of the preceding year the improve ment in net due in be main to improvement made at the plants which have resulted in greater efficiency and lower manufacturing costs. Cpl is again showing strength files of having dropped to 137 on break Canadian despatch Toronto april most note worthy occurrence on saturday s Stock Market was the two Point Rise in Canadian Pacific hallway shares to 142, which is we twin a fraction of tha big Best Point Tou ubed since the recent creak to 137 on the local Market. The other Strong feature of the Day was Atlantic sugar Beith common and preferred. Some bus ing orders came into the Market for both issues and the preferred was particularly Strong at which represents a gain of 1vs for the Day. An Odd lot o. Asbestos changed hands at. 60. Other Price changes included p. N. Burt common up one Canada Cement common up i Canada general elec tric preferred City Dairy preferred up Vica Nadian Industrial Al Cohol up 1iafie Leaf preferred off Porto Rico preferred off Continental Oil was steady at Imperial receded 4 to 30, and International Petroleum was unchanged at 4. Common business is sound says Melody s Survey a s. Shows expansion without sign of inflation Moody s a weekly review of financial conditions in its current Issue says in part Many evidences of a so called shake out but none of a genuine Bear move ment Are revealed by a study of the statistical position of the Market Bank Loans Are sound interest rates Are moderate and capital supplies Are ample. The january Trade barometer figure went enough above those of 1324 and 1923 to denote expansion but not enough to denote the slightest inflation. Pig Iron prices have thus far advanced less than Tho minimum for movements. Dividends have increased but not extravagantly. Costs of production Are lower As compared with finished goods prices than they were twelve months ago. Inventories Are not inflated. Commercial paper May continue rising a Little but Call Money la almost certain to show a downward trend for two or three months. Time Money May sympathize commercial paper but Short term Loans and acceptances should go with Call Money. Winnipeg electric railway system increased earnings in february the february 1925, statement of Gross earnings operating expenses and net earnings operation together with improvements to the system of the Winnipeg Illey talc company s Rau Way Utility shows an increase of in net earnings As compared with february 1924. The statement is As 1 increase decrease in the trading room of almost any brokerage concern you can sae graphically what speculation will do to the outsider. Almost always there will be a Little group of would be financial wizards who have lost everything except their passion for speculation. The Only thing these be rows can do is talk stocks give worthless tips and Hope for More Money to speculate with. They Are chronic hangers look ing for a Windfall so they can Start out again on a shoe string and eventually get Wall Street by the them Over and get their stories before you decide to speculate. It will be Worth your while. Lit 132s, associated. Editors. Gross earnings operating expenses exclusive of taxes and depreciation 1925 1924 earnings before deducting taiga and operating taxes 22.s51.84 Ket earnings deducted depreciation 10.0s5.7s Xet earnings from operation improvements to property amount expended on account of improvements to railway system exclusive of to property used jointly 751-27 60.785j.4 19.ts109.10 109.10 109.10 103.10 19s3_____106.55 106.55 106.55 1944, 4vatj 96.60 96.60 96.60 96.60 1334, 5i4% 104.05 104.05 104.05 1943, 102.15 102.15 102.15 102.15 _ 244 h 244w Royal 235 23514 off marcs 19814 198vi 19814 198 a Nova scotia__263 263 263 263 Mck treat. Sales reported by Mcdougall Montreal april Atlantic 25 at 24 ii 15 at 25% 25 it 26 25 at Bell at at Lvi 10 at 51h 470 Ilu. Brompton at 24. Canada at 5 at 101. Canada Cement at Canadian Industrial alcohol 10 at .6h 95 at Canadian at 83 can. Steamships at z5 at 44h 5 at 44h. Consolidated at 60vi 20 at 60 i. Dominion at 70 100 at 35. Dominion Girasa at 112. . Staal at Dom. At 69. Belso at 5 at at 97. At 180. At 8114 110 at 82 10 to 83. Canada at 106. Montreal at 175 50 at so at 176 25 at 176m. S5 at 176 a. Asbestos at 10 at 50 at 64h 15 at 64 100 at 67. Asbestos at 25 at 93 50 at 75 at National at 49 10 a Iso at 175 at 49h 280 a 350 at 10 at 50 10 at 4s 65 at 49 a. Abl Tibi at 66. Ogilvie flour at 125. Mckay at 115h 5 at 115. Quebec at 89 90 at 90. Southern Canada at 72ya. Spanish River at 119. 50 at Spanish at 10654 2o a of at 8s 40 at 85ii steel of Canada at 103fc. Dominion. At 85 2o at 85j4 50 at svs 25 by 25 at. 86. At 47. Nova at 263. Bank of at 198 Royal at 233vi. Bank of at 32 36 7014 44vi 6314 Paivi 57 435i 71.14 71 4iik 20o 121 w 11jus. 29% 55 76 38% 27 59% 63% 23% 23 it 25 56 7514 59 a 63% 6i5 Ray Kuju Road Atchison ----------117% Ali a 11. Bait. Ohio can. Pacific dlr cheap. I Ohio. Chicago x wast n 53ii it. North Kern pad. 63 kans. City so. Valley com. To. Pacific pad. 74 Yew Kaven x. Y. Central Llo Pacific. 61 61 Pennsylvania 45y 4ovs Pere Marquette. Reading 1% Rocic Island 42 42j. 42 san for. 6411 St Paul pm. 8va 8ti Southern Paciuc 100% Southern Ray. St l. S Western. Union Pacific 13914 140 1389 a 62 6214 62 equipment m. Car 198 200 1g8 a. Loco.----. 124v. 1241i Baldwin Loco. _ 113h 114 Loco. 63ki 63% motor Tosca Itas Neto 30% Chandler 35% eneral motors. Hudson it. A 91 Mack truck 136% 1sta Packard 19h 19% 59 stud Balcer 43% Tom Len Roll. Is. White motors Willys Over. Pad. 8614 86% 56 i t of Calif. Petrol. 29 29% 29 Houston Imperial Oil------29% int. Petrol. 23% starland Oil------36 a conc Oil 56 hairier. 75va Phillips 38 pure Oil 26% Royal dutch Sinclair cons. 19va Bland. Ohot Ca. 59ij stand. Oil of. Ind. 63va stand. Oil of , stand Oil of . 42vi Texas co.---------4414 vacuum Oil 8714 steel Bethlehem steel. 4014 col. Iron Crucible 67% Gulf states steel rep. Iron steel . 11514 114 Vanadium. In Bobec Fluke rubber co. 11h . Rubber 37 sign in stocks am sugar. Amer. Sugar co. 66% cuban am. 29% Cuba Cace sugar 13 h tobacco am. Tobacco to Bacco prod. 73% 73% 7414 department store Assoc. Dry goods 177 ------1v7 May department 10414 10414 font from. Ward 44% 44% 44% Sears Roebuck _. 152 153 "152 1s3 119v6 h9 .4. Tubillo Utility am. Tel. Tel. 13314 13314 am. Water was. 47% 47% Loti Columbia. Gas 54% 54% 54% cons. Gas t6 re Pac. Gas elec. 105--------------Ida air reduction 33% 100% 991i 100 chemical. 53% 85 83% 13451 Allis Chalmers so i 8014 791i Tsa am. Can co.___162 165 162 1154 it am. Woolens 37 57si cast Iron pipe _ 16714 168% 16514 Central leather 1614 161i coca cola 92 92 91v, "11114 Cong oleum co. _ 361a 3614 .136 Corn products 3bvi 3214 s81i Davison chem. _ 33% 3jiai. Dupont 159 a 141 famous players 93w 9344 921 is a general Asphalt 4514 45u Genera electric. 253 260% 25115 26014 it. Nor. 29 29 28v, 2bti int. Harvester _ 103% 103% 103 ind. Alcohol 817. 82 81.vs b1s4 int. M or. M. Pad. 4054 405i int. Etc enl -------1 2714--------------2714 int. Piper _ 49 i North Amor. Co. 44v4 wit radio 53% 5514 651% 15514 Simmons co. 331i 33% 33114 Tex. Gulf Sulphur 103% 10214 103% a. 46% 48. 47h West ngh. Elec.-. 67% 6714 671i 6714 seven municipal districts had surplus Nall to for last year. These facts const most optimistic and. Encourage is ports issued in Alberta for Sami years were disclosed by a. Dier inspector for the municipal affairs in a brie before the secretaries of the pal districts in conv Emion at alar i never saw the municipal to Recti ter condition fun Anciaux. Oar pert is not quite Complete yet these figures i have quoted ate sen of the most outstanding. There til be other equally encouraging feat a contained in the Fuji report 42% 42 44i4 41 34 63 70% 37 29 s 40 i 3314 67 70% is 33-u 63% 42% 87v 6714 70% breweries Are firmer i in Montreal trading Canadian tracts de Pateh Montreal april firmed up a fraction led in. On saturday s Stock Market cowl a at 49vi for a net rain of Decad in volume cams Montreal poorer ing at 176v4 for a net win Ottn Points. British Empire steel Toj t v4 at in. Asbestos common the Strong Fenten closed at the new Peak of from net of seven Points. Tit pre. Feared was up two Points at tin greatest loss was suffered by Ciniski Cement preferred which was Cal at other Price Chascs. At lactic up Dominion up Dominion canners. Up 1 Shi a Nisan up h Spanish River Coli and steel of Canada up sales 6.330 Bonds ,4.77 to sett t w set Over Tho a. Ibsen. Cite try lie 6ta e am Tut tha doa be Iii in on Oliai s51i 36% 6-i 2914 40 4 Aav curb close. Osier Hammond Nanton Standard Oil of Indiana 63h to in Standard Oil of new York til -13. Imperial Petroleum to Continental Oil 24vi to Continental Oil rites 83 to 91. British american Oil 37 to Banks. Commerce Montreal Nova Scotia 263 Royal 111. Application no. 32675 the real property and and the assessment and land titles office. District of m a. Was apr Bull t and is t fun lot Cit Lor the municipality of applied to Bruns the land a described under the Resu 4. And to be As owner a a under the last Aad it f District of the application of be served the applicant claims title to m. Ctn by virtue of a talk of the land for by Rural municipality of Canova and you Are hereby required to Taffy notice that unless you redeem tie Sia. Land under the provisions of ent act or file a caveat or take Otje notice upon you. A Cert a Tate of will Issue to the an Carol m he May appoint and you will uie be forever stopped ar-3 setting up any claim to. Or m is saw dated at the land titles j. Winn per. This thirtieth Day of one thousand nine Hundred and it cd. Land referred it the South West Quarter of dec Tau Twenty in the fourth town help. I j sixth Ranse. East of Tae principal i Idian in the province of maa Tom. T j to John b. Of Chr do Winnipeg in the province of Toba b d Caret Deputy District Registrat. Notice is the order of e. D. Carey. Strict registrar. Land titles office. We Nipes. For Tho purpose of effect ii wll Stith tonal service thereof upon a i said John b. Hurl Reg. _ 1 entitle. To realm the above land May obtain info Natura. As to the necessary Steps to be. T to that end on application at the 1 titles office elevator construction tenders for the construction thirty 30 modern country grata gators of about 32.000 bushels each will be received at the a office of the undersigned up to including May 1st 1925. Plans specifications together with list. Of tons at. Which elevator Are located can be secured on elevators must be completed at May be submitted for of live 5 or More elevators., Saskatchewan fool Eleva Tum limited. Union Bank building. April 2nd. 1925. Banks. Oslar Hammond Commerce Dominion Imperial Montreal Koca Scotia. Toronto Union. I . Sellers. Buyers. 199 195 186 s4s 244 s4 ___263 _ 236 .235 a 199 198 _ 112 111 Osier Hammond it. Wanton Call 5 per cent. Time Cable 478.68 new York actual. 478h. Sterling demand. Montreal rates be tween backs. 478.30 new York actual. 478 Sterlins sixties Montreal rate Between Banks 475.55 York actual. 475.25 new York. Lund Montreal rata Between Banks 1-16 per Premium. 46 failures reported. Preas despatch Toronto april of commercial failures reported during ended Friday was 46, with. 40- for the week of last by provinces this week s failures were As 16 Ontario. 14j wan 5 Manitoba 4 British Bias Nova. Scotia j new. Brunswick newfound and All a act r j i the 1canadaj company a business in itself Maii aging an estate with All its problems is no task for an fenced iad dual investigations of securities com piling Iii come tax reports selection of proper investments for Trust funds Sale of care of real estate and accurate accounting All rec pure specs faced ability. Twenty three years experience in estates work qualifies the Canada Trast company As the executor foe your state. Pailhe lilt permanent Aid impartial than the Dominion of corms Portage and port Winnipeg. We. Whyte manager t. G. Fac Dill Elc. Home general ;