Winnipeg Free Press

Winnipeg Free Press (Newspaper) - April 17, 1925, Winnipeg, Manitoba 12 Manitoba free press Winnipeg. Frt Dav .app.tt. 17, 1925 Winnipeg Bank clearings last week of Are Largejr by seven millions Over same week last year. Trade and Commerce mines and the Money markets Index of Industrial rises from 125 to 140 since Ary 1924, reflecting Rise in Price. S Rise i Price of Many stocks is maintained Index number of Industrial group shows Rise from 125 to 140 since january 1924 Canadian desp Nuclo Ottawa april main groups of Index numbers of Security prices As computed by the Dominion Bureau of statistics and based on prices in 1913, showed rising tendencies for the first to months of 3025. Although some ground wa3 lose in 3iarch. The level in nearly All cases a Well above that prevailing m , 1924. The out standing development was in the Industrial group of common stocks com prising 31 securities. The Index for this group was in january 1324. 133.5 in january 1p25 141.3 in Fob j Rumary and 1-50.0 last month. I ten Bank stocks have risen steadily from 96.s in december 1924, to 98.1 in March 1p25, and ten Public service j stocks were 7g.3 in december. 77.-1 in i february and 76.5 in March. The Gen Era Index number for 51 common mocks 10 Banks 10 Public service and 31 Industrial was 59.0 in december 105.s in february and 104.9 in March. The Index number for 23 preferred stocks which owing to the decline in the Iron and steel group fell from in january to 91.7 in december jp2-1, Rose to 07.5 in february and fell Back to 95.2 in. March. 1025. Norman j. Dawes str. Dawes. President and general manager of National breweries Ltd., who has been appointed director of he Royal Trust company. W. M. Stewart president of the Macdonald tobacco company was also appointed. Nickel plate bearing makes history in . Dominion Loans to the Canadian National if Van Sweringen succeed Way is opened to further Rig Carrier mergers special United is despatch to 1 rce iriss by a re Tress 1 Rixnie wire by Thomas l. Stokes. Washington april the Examina Tion of the proposed Nickel plate rail Road merger by the inter state com Merce commission Here is one of the most important developments in american Railroad history. If the commission Grants the application of the Van Swerin Fen Brothers of Cleveland Ohio for this mile billion Dollar merger the stamp of a the annual report of the Canadian National Union Loans to the railway now aggregate 560 Dominion regate 560 Lillinn Tiol ulat ars the of these Loans herewith Given includes advances to m were consolidated to form Tho Canadian Natrona ral was which to Cove railway and to the can Adian National railway itself. Canadian National grand 1920-192.1 loan 6% 1921-1922 loan 0% 1922-1923 vote no. 137____.______ " 6% 1923-1924 vote no. 139 Advance acct. . 4% debentures 5% 1924-1925 vote no. Less refunded grand trunk 6% appropriation act 1916 a appropriation act a appropriation act 1913 a orders in Council advances to pay interest guaranteed by Dominion government receiver s certificates 6% 3% . Bonds held by government a Canadian Northern principal outstanding at dec. 00 Proval of the government have Camers new High at Toronto la steel stocks. Beaver fire can. Fire ins. Can. Pacific by. 100 Crescent Creamery 100 in in Bank of Canada. 100 Home investment 100 n or. Mort., fully paid. 100 great West life .100 Ivin Olpoc elec. P.J-. 10o unlisted British Amor. Oil. 25 North Star Oil pm 5 traders Bil Minir 300 Western grocers pad 100 a Lynnl per april 16, Par vol. Bal. Asked. Sick 105 50 55 142 is Bull with Only few exceptions Canadian press despatch.1 Toronto april 16. Consolidated smelters and Dominion canners com Mon together with Atlantic sugar is sues were the most interesting stocks on thursday s Stock Market. A now High Mark of 103 was attained by canners common and the close was steady at 108. Smelters reached a High Point for the Day at 65. And the close at c7 3-4 represented a net Advance of 1 1-s. Atlantic sugar common advanced to 31 and closed at the top. Sugar preferred was inactive and one Point higher at 74. The balance of the Market was Dull. One of the exceptions was in the Case of Tuckett s preferred which Sola Oft 2 1-2 to As 1-c. In the traction group Tho Only and Vance was Ilia of Winnipeg electric common which moved up 1-2 Point to 41 1-4. And brazilian which gained 1-4 to 50 1-4. In Tho Bank share group Toronto was most Active at 197. Imperial was sex dividend three Jer cent and sold 2 1-2 lower at 185. British Iron and Stee j Industry badly depressed the capital invested in the Man fac fire of steel in great Britain is estimated to be 000 the exports of Iron and steel in amounted in valuation to Heln the largest single item after Cotton Welch was valued at according to advices just received by Bankers Trust company of new York from its British information service. Electric _ Bingo a mine Onn. Loan 1925 1931 1937 refunding loan 1928. 100 1 5 s War Joan 1927 1932. Victory loan. 1927 39k 1931. 1957 quotations 5v, 52 110 50 320 37v 28 35 15 100.30 102.00 104.00 100.60 102.20 96.75 301.80 103.30 102.70 106.45 103.35 103.75 58 "80 "-v2 is Ai 103.40 s6.b5 102.00 103.65 102.bt, 106.55 104.00 109.05 Victory Bonds Are for si.000 denominations. Sales. Bingo it 15 5oo at 15 300 at 15 100 at 16 100 at 17 100 at 17 100 at 17 100 at 17. At 100.25 200 at 100.20 at 102.20. At p6.75 500 at 9fi.7s 500 at 96.75 3.000 at 96.75. At 102.60. At 106.15 wont 106.15 2.000 at 106.40 1.000 at 106.45. At 104.05 150 at 104.05 500 at 104.00. At 103.30 50 at 1o3.30. Been placed upon the merger idea and the Way will he opened for other giant i fusions involving possibly All the rail i roads in the country. I big annual saving. General arguments were presented to the commission on thursday by j. J. Bernet president of the Nickel plate these arguments hold in their Genera application for other consolidations. The unification of the Chesapeake and Ohio the a Rio the Pere Marquette Hock Lnor Valley and Nickel plate he said would 1. Result in a More satisfactory re lation Between carriers and the Public because of limiting the number of lines with which the Public must Deal in through shipments. 2. Increase the freight car equip ment of the whole. Country through expedited handling of traffic. 3. Effect such savings of trackage payments Yard supervision clerical expenses and other items of expenditure. Reduce the various accounting operations required. Bring a saving through standardization of equipment reducing the amount of material required to he kept on hand for repairs. Bernet estimated that an Sav ing of 956. 30 to the roads involved would to effected. 3v4% advances under 1911 legislation 503 4% advances under 1914 . A advances under 1915 legislation 6% advances under 191b legislation 6% advances under 1917 legislation 6% advances under 191s legislation 6% advances under 1013 War measure act a equipment Loans under Chap. 38, 191s a advances under 1919 appropriation act 6% advances under vote no. 96, 1919_____ 6% advances under vote no. 127, 1920 8% advances under vote no. 115, 1920 6% advances under veto no. 113, 1921 advances under. Vote no. 120, 1921 6% advances under vote no. 120, ., 1921-1922 ._________._. _ 6% advances under vote no. 126, 1921-1922 o a 6% advances under vote no. 136, 1922-1923 6% advances under vote no 115, 1922-1923 6% advances under vote no. 139, 1923-1924 5% advances under vote no. 137, 1924-1925 interest accrued 1324 10.879.81 240.633.82 Stout fight is made by bulls in Adverse Day soundness of Market is proved b bears failure to Force general decline totals More than 31 millions is the largest part of the deficit of 54 millions resulting from the operation of the Road last year the total deficits to Date of the Road now amount to Montreal stoc the year was Ona of serious Depres Sion in the Industry and of a total of 482 blast furnaces Only 172 were in operation steel melting plants were Idle in 35 cases while 29 wrought Iron works in the midlands alone entirely suspended operations and much of the Plant has been dismantled. Of the employees in Tho engineering Trade. 13.9 per cent were out of work and 31.4 per cent of the employees in the ship building trades. High rubber prices to increase fire costs a. Macdonald b. E. Steel 2nd. Abi Elbl Asbestos corp. Asbestos pro. Atlantic sugar Bell Tel Brazil. Traction. Bro Nipton paper. Canada car can. Car pad can. Steamships. C. S. Pad. _ can. Cotton can. Cement Cement pad. Can. Convert can. M. Alcohol can. Gen. P. Dom. Bridge. Dorn. Canners Dom. Glass Detroit United. B. E. Steel Coin. Dom. Textile Howard Smith Mcdougal Cowans Montreal. April 16. Open. Hash. Low. Cloae. 666 9 65 65 92 136 5014 2414 9 .65 65 so i 30 a 50 44% 81 i 44 14 103 11414 81 i 44 108 103% 16% 52 92 6 9 65 65 92 31 it 136 44s.l 9 65 65 91 i 30% 135 sow 24 44% 81% 12ii 44 44 108 108 103% 114 114 80 i 80 16 16 52 52 92 s2 52 92 109 103 w 108 108% 130% 110% 110% 110% 8b 8b 2vib . Indications Are that 1925 will be one of the largest enjoyed in unit sales by rubber and the tire Man fac says the Wall Street journal prices continue at the lowest level in history. Leading manufacturers Are understood to be considering Price advances ranging from 30 per cent to 13 per cent to be made effective in to Btu future. Economics instituted Liy manufacturers in and last year Are not now sufficient to materially offset higher costs production. The steady Rise in crude rubber prices to 42 cents a Pound is due. According to a leading rubber user to Tho British rubber re Striction act. British rubber growers rigidly conformed their production to the provisions of the act and in August lust year a reduction of 5 per cent was made in rubber exportation. An other reduction of 5 per cent was made in. November. 2-tb s3woods. 182 Montreal Power. N atonal brew 46 72 82" 182 Oslo Vale. Penman. 138a. 14sb Price Bros 39a Quebec by 93ys s. Can. Power. 84 St. Flour 110 Sha Luisan 137 smelters 66% Spanish River 107 84 41 71v, 71 27b 82 82 182 182 46 47 14sb 93% 84 30 68 107. 84 82 26 a 133 Komi 8334 93 83 138 68 107 84 41 i 100.351 102.40 steel of Canada. We. Elec. Tall. War Loans 1925. 1921.102.40 102.40 it w 1937._ 104.20 104.20 104.20 104 20 Victory Loans. 1928. 5% 100.85 100.85 100.85 10085 1932. 103.30 100.30 103.30 103 30 1937. .102.80 102.80 102.80 102 80 1937 .108.85 103.85 108.85 its. 106-30 Commerce Nova Scotia. Montreal 19814 198v4 198v4 262 262 262 5 262 a 244 24414 24414 Osier Hammond Tanto to april 15, 1925. Sellers. Buyers. Banks. Commerce Dominion. Imperial Montreal or. Nova Scotia May july oct. Dec. Jan. York Cotton Clark Martin co open High Low close 24.50 24.18 24.20 24.s5 24.51 24.73 24.38 24.85 24.4s 24.47 24.83 24.70 24.s2 24.50 24.30 24.is new York spots 24.45, Tio ints. 24.55 24.40 24.50 24.15 n 20 ltoya.1 Toro Iuo Union miscellaneous. Brazilian traction c. P. To. Can. Cen. Electric. Can. Cement Corn Cement pad Avcoin can. hip com can. Steamships pad Dominion Bridge. Dom. Textile of Woods mall Luff Montreal Oslo Vale milling Quebec by. Steel of Canada com Toronto Street by vein Napeff electric Money on Call time so Orlirio Cable 199 187 a 2441-i 263 236 134 187 233 111 110 50v4 Fairbanks Morse has better year quiet agricultural conditions make 1924 poor year special despatch 16 tile free press Montreal april on operations of is shown in the an Nual financial statement of to Canadian Fairbanks Morse compan for the year ended Decem Foer 31, 192-1, which compares with loss of in the previous Yea while showing some improvement Over the previous year the result o the operations for the period undo review were far from satisfactory the president pointed out that the company is mainly eng aged in the manufacture and merchandising equipment for Industrial and Agri cultural and thu Lack o general development. In Canada Las year along these lines is reflected i the somewhat unsatisfactory show ing. Tho balance Sheet shows consider Able improvement. A tank loan o nearly half a million has Complete disappeared inventories Are lower working capital Ling her Anji Reserve account for bad and doubtful debts set up. The loss on operation amount in. To was reduced to reduction in surplus of results no from forfeiture and cancellation o common Stock brought the loss to. Previous surplus at made a balance of from which was transferred to Reserve of bad and doubtful debts a sum o leaving total surplus at is stocks and shares on the Montreal Stock Exchange uninteresting trading with losses Mora than brew eries again most Canada Power jumps 11 Points earnings May sled company again hampered by Lack of working Power increase surplus. Sped i be Patch to Tho free press Montreal april in listed Litock on along the Tho local Market continues same uninteresting T. Actual. 478vs demand Montreal Rato. _. 4.73 o fit 71 at 182 at 82 Dom at 109 200 at 10914 179vi at 65 abit Ibl at 65. Quebec at 80 it 93. A business Opportunity the present owners of one of Portage Avenue s largest retail stores wish to retire from Active business and offer to one or More reliable business men or women a wonderful Opportunity to take Over a going concern for a very Small initial outlay of Cash considering the size of the organization. This business has its present owners Independent has never changed hands enjoys the highest credit rating has no debts and its record of Twenty years on the Avenue is one of uninterrupted Success. The Goodwill of the business is alone Worth actually More than will be asked for the Complete organization As it stands. The present owners Are desirous that the name shall continue to hold its present enviable position in the estimation of the Public and Only applicants with a clean business record will be considered integrity is valued above Cash. If you have a few thousand to invest and wish further information address it 137 a Spanish at 107 25 at 106h. Steel of at 84. Dom. At 92. Var at 102.40. Victors at-106.30. At 103.95. Of Nova at Bank of at Banc of at 198s4. At 120 at afternoon sales reported by Mcdo Usall. Cowans a april so Atlantic sugar at 74 25 Brompton at 24vi lds i Canadian 50 at can. Steamships -25 at 12u Mlnins-215 at 68 a. Macdonald 5 at 6 Canada. 25 at 103 Dominion textile 10 at Dominion Glass 10 at 110% Lam entire -5 at 82 Lon 50 s at 10 at at 10s 10 at Alt la Southern Canada at 83 at its of at so at m Story loan. 932-1 Kos to to Story loan. At 108.85 n., 15 St lines which have characterized recent sessions. The Active list was narrow. the Price trend mixed while Trad ing was on a slightly More Active scale that on Tho preceding Dynya of the week. I Fet losses outnumbered net gains 11 to 9, while the average Price of 20 lasted stocks dropped .1l Points brew eries was the Active feature. Moving a Range of two Points Between 46 and is it closed at 47 for a net gain of there is a buying Power for the use which is extraordinary under the circumstances. The sugar issues again advanced As did smelters which wan also an Active feature. 0 Southern Canada Power was the Strong spot of the Day. With a net and Vance of 11 at s3, after having established the new High of 84. Contrary to Tho usual state of affairs there have been no rumours of favourable dividend developments in the Advance of this Stock. The Stock has a very Good distribution and is closely held while it is understood that insiders have recently aided substantially to their holdings. The company has been steadily improving its earning position. Fresh attention was drawn to the Ideal breweries situation today by the announcement of the resignation of t to of the directors of Frontenac brew Erles limited Hon. J. M. Wilson and Raymond. The regulations so As can be ascertained Bear Little significance in relation to the outcome to the Price War situation. The sea sled company reporting to shareholders on 1924 operations Stati a sales amounted to s241.279 in compari son with 5111.741 for. 3323, and 055 for 192z. Gross profit after paying All labor material and manufacturing expenses amounted to or about 1 per cent of sales in comparison with per cent for 1923, and 6.1 per cent for 1922. After deducting Selling and administrative expenses a net loss of ?-6.051 was sustained in comparison with for 1923, and for 1922. These figures Are after allowing for full depreciation and write Down of doubtful accounts Anil taxes. The report adds that the company s activities were again seriously Handi capped owing to Lack of sufficient work ing capital to enable them to take full advantage of the Spring demand. The annual report of Illinois Power and Light corporation for 1924, shows earnings after All expenses interest depreciation and preferred dividends equivalent to per share on the of no value common Stock outstanding. After payment of dividends on common Stock the surplus for the year amounted to which was added to prior surplus Mak no a total of As shown in he balance Sheet. A comparison with the income account figures of the pre ceding year shows that while Gross earnings were slightly higher the in creased charges for preferred dividends and particularly for interest resulted in a smaller balance available for the common Stock. Special United news despatch o pfc re press by 1-Rcc press private wire by Todd w. Wright. New York april of the mos impressive fights Ever made against number of Adverse Market factors a staged by stocks in thursday s pcs Slon. A further break in Grain prices which sent wheat below the 51.s level additional curtailment of Stei. Operations further reductions in Price of Petroleum products and declines i Copper Lead and Zinc to new Low level for the year were anything but cheer Ful for an Advance in securities. Nevertheless a. Spirited Advance tool place in several sections of the list however there was plenty of Selling and the struggle Between Tho operator on the conservatives Side and those working for a decline caused a Mark edly irregular Price trend. Market thoroughly sound. Selling was directed for the mos part against the leading speculative Industrial leaders such As United states steel Baldwin american can ant United states cast Iron pipe. That this liquidation did not cause a Genera decline was a most impressive Demon stration of the thorough soundness of the Market s technical position am gave plenty of evidence that for the most cart the Market was thoroughly sold out. Buying of the strongest character in the rails particularly the southwestern carriers was of course inspired by further merger developments. Eastern rails were also in very Good demand on expectations of an Early agreement among trunk line executives on pro posed alliances involving reapportionment of valuable terminal properties. The main Drift of prices was indicated rather plainly by the establishment of about a score of issues at new High Levels for the year. New locomotive fitted with diesel engine fill Lessen fuel costs great a locomotive is from Day to a Jung tested and improved in Phila d Sophia at the Baldwin locomotive works. Its builders expect that will reduce fuel Cost by one Thalf it Furnace will consume crude Oil. It engine la of the diesel Type. Wha s the reason Why this diesel Typ has for years steadily grown in favo with the designers of Lon equipment simply lie diesel engine is not Only the Oij engine but the most eff Dent heat motor Ever invented. B master stroke of ingenuity i avoids the severe limitations of an Ordinary Gas engine. To the com 33-Ession of a charge in a Gas Engin ii Ere is a moderate limit. This i exceeded the heat of compression prematurely ignites the gasses so a prevent due action. On the Well known principle tha mechanical work convertible into Loat our grandfathers had a labor Ous Mode of producing fire. In. Rainge with a Glass barrel the placed a Piston fitting snugly. In a cavity of this Piston they fasten a bit of Cotton Wool soaked in de i Sulphide of Carbon. On forcing1 the Iston suddenly into the Cylinder he air quickly compressed be came lot Enos feb to set the Cotton Wool j fire. On a bold scale this heat due to he Quick and extreme compression f air is applied in the diesel in Bane so As to make it the most eco comical converter of heat into work ver devised. First the mechanism empresses the air alone to 500 or Mare pounds per Square Inch then Only then the Oil for combus irm is injected to take fire in tartly from the heat of Trio com dressed air. Al governor he period of burning this is Usu Liy during one Teeth part of the Troke the the burned Roduta completing the stroke. Be aude 600 pounds is a pressure out f for the mixed charge air and combustible Gas in an sinary Gas Cylinder the diesel engine excels in Economy any Gas engine thus far built in repeated eats Large diesel engines have transformed 33 per cent their heat Ftp. Motive Power. Tho most care buy patterned steam motors have risen to one half this Effi the builders of the diesel Loco Tolve in Philadelphia frankly de that it. Will Cost much More Naa a steam locomotive of equal other. But in these Days of Imbong. Fuel costs the ill be Well Worth building Espe for. Service in the vast re where Oil is abundant. Belnap resigns associated press ecu Patci Oprin Fieldy mass. April Oun Cement m the resignation of j. Belnap Montreal As Prest of the Rolls Royce of America was made at the offices of the silent for a five year term which has expired. T. O. Earnings lower s Light improvement seen 1 employment is upwards and Fures More Active the trend of employment at the be ginning of March wus favourable the upward movement though rather slight contrasts with a downward ten Dency indicated on the same Date of last the Dominion Bureau of statistics according to the monetary time in reset Vod returns from firms employing persons or 6.921 More than were on their payrolls on february 1. The reflecting this comparatively Small in crease Rose from in the preceding month to s7.0.on March As compared with 30.7. 89.9, si.0 and on March 1, 1924, 1923, 1922 and 1d21, respectively. Manufacturing was decidedly More Active but employment in other Divi Sions on the whole showed declines partly seasonal in character. Firms in All except the Prairie pro Vinces reported improvement the trains in Ontario were Moat extensive. In Ontario per son were advert to the working Force s of the. 2.608 employers whose returns were tabulated employees on the. Iron and steel new York stocks closing bids Clark Martin co. Copper stocks Amer. Smelting. Anaconda Cerro a Pasco Chela Urai Iby inspiration Kennicott Miami. Stay cons. York april 16. 1925. Open Hiiro Low close bids 84 32 i _ 12% 12 34 46ii at Clelaon _____.121 121 a 121 12114 bait i Ohio 77 can. Pacific Ely. 143% 143hi Jue Aap. It Ohio. 50 Chicago n West n Coin. It. Nor. Pad. Kana. City 80. Kohls a Valley _ ilo., . Tox. Jio. Pac Llic com. Ilo. A conc old. Haven 79 34% 36 78 5i 31 50 v4 62% 35 35 i 36 78% 62 73 34% 35 a 78% 30 29 62 3-4 j j 78 34 r. 35 a 78% 30 Uteg Clearing Are greater by a. Y. Central 116% 117 116h 116h n or Thorn Pacific. 6114 61% 60r4 61 Pennsylvania 44ya pore Ilarij 65ii 44k, 4414 4454 66 a 65 74 m 73 Stock Laland. 44 43 feb St. L. Ban. I 67 63vi 67 St. Paul . B Southern Pacific. 102ii 102h 102h Southern Illy. 87% 87% b6vt 87ji so l. S Western. 46in Union Pacific 140% 14uv4 14i Wabash common. 21% 221i 23 Wabash a 64va equip mint . Car 200 201 200 201 Liam. Loco. Liis a 123 Baldwin Loco. 1131s Pullman co. 131% 131 Muturi Boscki 33 32 Chandler 36% 37h 36% general motors 73 73-Fa 72ya Luda on 53 Hupp Itu 1714 17 Maxwell or. 103% 106 a Mack truck Lih a 1401 Packard 22 Stewart 32 36% 73% general list show Many Toronto and Montreal by 30 million each in St yesterday s 1 the hot. I arms amounted to n1 5 against s3j i Bank week ending feature of year s Clea As Aso. Montreal and Toront have smaller Loii Ronto 30 millions. Decreases remarked. Brandon Lethbridge have sni ill the list for the Dominion a t Halifax it John Moncton Quebec Sher Brooxie Montreal is As follows Wolc end i Arroll 16. Kingston Peterboro Toronto Hamilton Brantford London. Ivic Henfler Windsor fort William. Winnipeg Brandon 651.486 572.272 sos.341 3.m9.c37 "15.291 553.s18 Wayne 64h erg a Tronsberg Studebaker i. I Lumkea Roll. Is. White motor s Vellys Over. Oil Atlantic Llo fining Ballf. Petrol. Loss ii Louston Imperial. Oil it. Petrol. Acing Oil an Amer. Petrol. Lire Oil Loyal dutch in eclair stand. Of of Gal. Tand. Of of and. . 21 62 Tana. Of tand. Of of 45 41 62 a 29 i 27 62% 28% key 74% .39 48% 19 62% 41 41 43% 45% 4211 62 pc 94 29 i 27 62s 28 h 235 s 55% 74 39 2614 is i 58% 62v, 4116 44joli 12 in 43 6814 71h 12% 51% 4014 exas co. Vacuum. Oil steel in. Steel p dried Bethlehem steel. Of. Fuel Iron Crucible Ulf states steel up. Iron steel loss Sheffield a. Steel a Adlum. It Buer stocks Iske rubber co. Goodrich. .3. Rubber sugar m. Beet suf Fiir. Mer. Co. Ubau am. Sugar m. Tobacco Reynolda tobacco prod. Department Storo is. Dry goods. A department 1041s on Guin. Ward. 48 i 4816 drug 123 124 Sultze stores firs 155 155 Woolworth. 1 Bullo Utility am. Tel. Tel. 135. Am. Water was. 45-v 41 62 26 61 28 2314 73 v 3814 43 1854 61% 4014 4112 43% 21 64 67 41 62 92? 102 26 61 28 38% 48 i 18% 615i 41 a 44 3354 67 71 il4r. 117% 116 a 116 a 26% 12% 50% 67 a 29 i .-.__________76 h Columbia Gas and who had 301. 2s5 Date under review. Canadian press despatch Toronto april 16. A decline in the total revenues is shown in the report of the Temiscaming and Northern Ontario railways for the year ending october 31 1924. Rev Enue was compared with in 1923. Expenditures amounted to leaving a net result of Bank Stock sales. Canadian press cup atoll Toronto april Stock sales this morning were 4 Commerce 4 Dominion 195. Showed marked expansion while improvement a Salio noted in textiles and other branches of manufacturing and in transportation mining and construction. Logging on the other hand. Was seasonally less Active Trade and communication also a sol stored reductions. Kempl yement on March 1, 1924, had declined. at work Holiday can be made More pleasant at Small Cost to yourself take a banker s service with you. R Ford s Canadian Plant having prosperous Yea Ford motor company of Canada Ltd. Is experiencing one of tha. Best Spring season s business in its history say the Wall Street journal. Situation conv pared with a year ago is almost exactly reversed company s dealers have on hand fewer cars and Tho rate o sales is nearly double that of a Yea ago. Company is producing 350 cars a Day which. Is rapidly absorbing capacity o the new Plant additions March output was cars and trucks april schedule is it is planned to continue a least the rate through july after which the Normal season changes will probably require a scaling Down. 77 is 67v. Cons. Gas 77 a pub. Serv. . Fairy. Miscellaneous air Lluu cuon 101.14 10414 Allied chemical. 86% Allis Chalmers 80 am. Can co. 17h54 174 Amer. Express am. Woolens 41% cast Iron pipe kill Central leather. Coca cola Congo Leura co. Continental can 13% 50% 39% 40 67v 29li 89% 74 a 186 47h 123 124 ill 154 154 135 4d3ji 56% 67 4 76 h 6714 Corn products Dupont Endicott Johnson famous players. 30 i Educ no hat n new Westminster Vancouver motors continue toshowstreng1h Wall Street prices turn soft near end of session f associated press despatch new York april plate on thursday turned reactionary Selling inspired largely Fly the pm a tendency of Tho commodity our key although Independent strength a nth shown by the Maxwell. Land and Kash motor issues. By which attained new Peak prices the year. Standar industrials worked Vii Aurens the Early part of the session turned heavy towards the Cloa of but when United states cast Iron pfc broke nearly fourteen Points to w Points below the Yean ninety five High. Pm totals lose ground. If United states Stee common touched a new High on the movement at 1177 s i in a then dropped Back to 116 8-8 for in k a net loss of More than one Point of i m the Day. American can closed to c u tonally lower at 172 is. After Haring k cd sold As High As 174. Baldwin Sag Sefl if from 114 3-4 to 113 1-s, off 1 1-4. F net losses of 1 to 2 1- Points g a were recorded by american sugar re fining. American linseed i Bethlehem steel Cuba Cane preferred. General electric. General petrol Era internal combustion end fingering Jor Dan motors Moon Pacific olt pan american a Ana a Punta sugar Republic steel Royal duty Avage arms Woolworth and wrist aeroplane. Oil shares were sold freely on re ports that the daily average of crude Oil output increased Over bar Els in the week ended april i. Cell Money held steady at 3 1-2 per cent. Time Money and commercial paper rates were unchanged. Total sales shares Iron exports bigger exports of pig Iron from the United. During february amounted compared with on for the corresponding month of ast year. For the first two ninth a this year exports on. Against tons during a corresponding period of 1924. The liquidators of the Home Bank of Canada offer for Sale by tender without Reserve allowing briefly described valuable mortgages on Winnipeg residences House property known As 1320 Arlington Street thereunder at the rate of to by r j it nil with at 8% from March 1st, 1925, ;