Winnipeg Free Press

Winnipeg Free Press (Newspaper) - April 21, 1925, Winnipeg, Manitoba 14 Manitoba free press Winnipeg tuesday april 21, 1925 Manitoba is Only province to gain in building done last March compared with March 1924. Gain is 300 per cent. World Trade and Commerce mines Money markets Manitoba has -309 . Gain in new buildings foreign Exchange Only Manitoba shows gain Over March 1924, though National total More than in feb. Ottawa ont., april s Uil Cutie permits issued during1 the in Only of show a increase in of or 46. A cent. As compared with february the total however was or 9.7 per cent lower than in March 924. Reports from fio cities in Canada tabulated by the Dominion Bureau of statistics indicate that permits Gharst in March last aggregated in value As contrasted with in the preceding month and with 59. In March 192-j. More than permits were issued for will valued at nearly and about permits for other buildings it an estimated Cost of approximately a Manitoba gains Are bin Ontario Manitoba Alberta and Brit ish Columbia registered increases i lit Valkio of building authorized As compared with february last. The larg actual gain of or 11s.2 per cent., was in Ontario but Manitoba showed the greatest proportional and Vance of or 371.4 per cent. Of Tho reductions in Tho. Other provinces i Host of or 33.1 per cent., in Quebec and of or 7s.7 per cent in Brunswick were most pronounced. All provinces except Manitoba re corded declines in the permits issued last month As against March. 1924, the increase in Manitoba was or 313.2 per cent. But Quebec showed Tho largest actual loss in this comparison of or 37.6 per cent. New Brunswick registered the great est proportional decrease of or per cent. The United states Dollar was quoted at a Premium of 3-64 per cent. The British Pound was quoted at the panics for Normal without Bank charges 2-3. The1-.Money of the countries of Continental Europe was for Sale at the following prices in Canadian cents Day s Normal Price Price French franc 5.29 19.3 belgian franc 5.12 19.3 Swiss franc 19.48 19-3 italian lira 4.19 19.3. Greek drachma 1-98 19.3 norwegian Crown 16.49 27.0 danish Crown 18.49 27.0 swedish Crown 27.09 26.s German reichsmark 23.96 23.s Spanish peseta 14.44 19.5 dutch Guilder 40.02 40.0 profit taking is cause for lower prices Winnipeg stocks s. April 20. Bid asked 105 55 143 i easier prices Rule Montreal Exchange . Steel reaches new Low of two Points Canadian Tress despatch Montreal april easier Price tendency accompanied by a decrease in the Trade volume tended to create a quiet session of trading on monday s Market. Consolidated smelters was the most prominent in regard to activity closing at 7-s, for a gain of 5-s. At lactic sugar came second in volume. This Issue registered an Advance of 1-4 at 30 3-4. Montreal Power closed at its 1-4, for a loss of 1-4. Ontario steel the strong1 feature of the Day closed at 33 1-4, for a gain of 3-4, after having sold at the new peal of 5o 3-i. The greatest loss was suffered by Atlantic sugar preferred which was off two Points at 72. Other Price changes included brazilian up 1-2 . Fishing off two fuss. Steel of 1-s to the new Low of two Cana flan car preferred 1-2 to the new Low of s2 Canadian converters up 1-2 National breweries off one Price Bros., off 1-2 Quebec Power off one Southern Canada Power off 1-2 Span ish River of 1-2 twin City off 1-2, Rind Winnipeg electric off 5-s. Total sales Bonds african workers prefer notes to Good sovereigns special Cable to the free by John Mccormac London april morning Post has the following Cable from Johannes Burg the return to Gold sovereigns after such a Long period of note issues is popular with the Public. Over 400.000 sovereigns have already been paid out to the workers. The men however openly avow their preference for notes of the ground that Gold coins Are easily lost and Are too heavy to be car ried about. The Only people really pleased with the change Are the natives who always Bury their wages in the mud floors of their huts. They found that the White ants always ate the notes. Spanish treaty in forge Canada Ner Secona Scutum u. Tariff. The order in Council was passed a a result of the Trade agreement recently reached Between Canada and Spain. Sterling Exchange Canadian Vross despatch new York april sex steady at 11-16 for sixty Dav Bills and at 54.78 7-16 for demand. Wrein bar Silver Canadian Dol Lars 1-32. Francs demand lire. Demand 4.09 _ 80 "44 10 a listed Par Beaver firs co. 100 can. Fire ins. 50. Can. Pacific by. 100 Crescent Creamery co. 100 i it. A. Life Massce. Co. 100 Home inv. And s. Assn. 100 Nik ilrge., fully paid. 100 Union Bank of Canada 100 Vav pm. Elec. A. Co 100 unlisted by. Am. Oil co., Ltd. 23 n. Star Oil co., pad. 5 traders Bluff. Asan. 100 Western grocers pad. 100 vips. Al. By. Co., pad. 100 Bingo 1 War 19251931 1937. Refund info 1928 1943 1944 loan 1927 1932 Victory 1927 1933 .7 106.5o 1934 103.85 104.00 1937. 103.90 109.00 quotations on Victory Bonds Are for denomination. Sales Blinso at 11 at 10 1.000 at 10 100 at 10. . At 38 w. At 100.25. 1927, at 101.65 50 at 101.65 50 at 101.65. 193t. 514 per at 109 100 at 108.75. At 96.80 600 at s6.so. At 102.80 -100 at 102.65. At 103.30. At 106.35 50 at 106.35 at 106.50. At 103.90 150 at 104. 320 60 ii 6 42 38 410 82 23 95 10 100.25 101.90 104.00 100.60 102.20 102.45 96.70 96.80 101.75 101.90 103.30 103.65 102.75 102.90 106.50 Bankers in session at Augusta say period of sure though Small s profits is in Prospect special United us Prutch in free Pressl by free Tress private wire by Todd w. Wright new York april the Selling that depressed prices on monday on the Stock Market to some extent was Dis appointing it was wholly illogical. Prices had teen advancing steadily for More than a week and Tho liquidation was for the most part confined to pro fit taking and from any change in the general economic conditions. On the whole the Market stood the test Well and despite the weakness in individual issues upon which the Selling pressure was directed operations for the Rise were continued successfully and fully and a dozen stocks reached new highs for the year. If any reassurance of underlying Ness conditions was needed Wall Street found h in Augusta where the Ameri can Bankers association i t in session. Over optimism has been the head of the association told the members. Basic elements have riot been Hurt by setbacks in the wheat and Stock markets and conditions Are Funda mentally sound and Are Likely to go along with sure but probably Small a Sharp break in the German Mark was the Only feature in the foreign Exchange Market aside from the Canadian Dollar reaching Par. Other currencies were virtually unchanged. Lower income tax is British Hope rail Cowans Montreal april 20. Open High Low close Fatsi 64 6 a 64 91 a 30 "135 50 a 82 " 64 63a 91w 135 50% 82 44 108 108 1c2h 102% 81 16% 81 16 u 81 lob ids 91a. 108 82" 81 a. Mcdonald Alt lbs 64 Asbestos corp 63a Asbestos Corn or 91% Atlantic sugar "32 32 Bell Telephone 135 135 brazilian trac 50 a Brompton papers can. Car or 82 82 can. Steam. Vvs 12h can. Steam. Or 44u 44 can. Cotton 108 103 can. Cement jt-zr4 auar4 can. Cement or 114 h 11411 114% 114 it can. Con. 81 01 d1 01 can. Ind alcohol Dom. Bridge 91a Dom. Canners 108 aug Dom. Glass 110y4a Detroit United .8 8 b. E. Steel com. 2 Dom. Textile 71 Howard Smith 26b Lauren tide _ 82 Mckay co. 116b Montreal Power 179 . Breweries 49 wifi Lyle 137 Penman s 148b Price Bros. Quebec by. 92 so. Can. 81 01 3ha.ivlniga.-v Pon. 137% 13714 smelters 69 a 70 59 a 695 Spanish Rover 106 106 106 106 Spanish pad 119 119 119 119 Teel 01. Canada 84 84 84 84 Jap of. Elec. Rail. 43j4 43 43 War Loans 192s. 100.25 100.25 100.25 100.25 1931.102.4o 102.40 102.40 10240 1937 .104.40 104.40 104.40 104.40 Victory Loans 1928, 5% 100.85 100.85 100.35 10085 1932.103.30 103.30 103.30 10330 1327.102.80 102.80 102.80 102 80 1937 .10b.95 108.95 108.95 108 95 1933.106.40 106.40 106.40 10640 1944, 96.25 96.25 96.25 9625 1934, 514.% 103.95 103.90 103.90 554 102.30 102.30 102.30 102.30 Montreal.244 a 244h Osier. Hammond Kanton Sellers. Buyers. 8 2 71 25b 81 Hub 179c4 17814 49 471 j 48v, 137 117 137 148b 38v, 38 a 92% .81 199 195 135 244 a 193 184 244 260 155 235 111 196h 110 Money to loan on improved farm and City property. At a reasonable rate of interest. 1ortgaoe corporation Corner Portage and fort Winnipeg Commerce _. Dominion. Imperial _ Montreal _ Nova Scotia _ Soyal Toronto Union _ miscellaneous Brazil traction can. Gen. Electric can. Cement com Cement pad _ can. Car k. Com can. Steamships com c. S. Pad _ Dom. Bride be _ Dom. Textile Lake of Woods ill Lens Montreal Power Oslav be milling u Quebec by _ Shaw Nissan steel of Canada com Toronto Street by _ Winnipeg electric Money on Call. Bank of England. Time. London discount Sterling Cable transfers y. Actual. _. Demand Montreal rate _ of n. Y. Actual. 478.50 sixties Montreal rate _ _ 475.75 x. Y. Actual _ 475.75 n. Y. Funds Montreal rate Par 50v, s3 103 114 i 46 71% 183 82 179 a 138 92 a 138 83% 117 44 51 114 45 12 44 91 71 182 8u 179 132 92 83 112 43 478% 478.50 Montreal Sams reported via Mcdougall Cowans Montreal april Atlantic at 32 210 at 31 33 at 31 4 15 at 31m at 135 at 35 at 50j4. Canada at 102v4, Canada Cement at Canadian Industrial at 16va. Canadian at 81. Can. At 95 at can. Steamships at 25 at h. Can. Car foundry at 82 consolidated at 69v4 175 at 330 at 400 at 70. Canada at 10r a. At 75 at 6% Dominion at 71 i . Steel at at 2. At 82. Dominion at 108 Montreal at 179 680 at Asbestos at 91% National at 49 150 at 40 at -48u 115 at 48 15 at Quebec at 92 10 at Southern Canada at 81 Spanish River at 119 it 137w. Spanish at 106 steel of at 84. Victory loan at 100.85. X Victory loan at 103.95. Bank of at 244ft 43ylnnipeg at at afternoon be ports by Jim Dougill Cowans Montreal. April 20. Close. Allan tic at 25 at 31 100 at 30 i 110 at 30 1oo at 25 at Bell at 135. Of can. Ind. At can. Steamships at 44 can. Car f. At 82. Budget secrets Are Well kept by Churchill special Clile to the i rec 1 Ress Anil times. Copyrighted London april budget should be presented to parliament next week. Budget secrets arc usually Well kept and this year there is an impenetrable veil Over Tho on the figures of expenditure for the twelve month ended March 31, there is apparently no room for further reduction of the taxes. The Chancellor of the exchequer Churchill is considered to be capable of taking a risk in Tho matter and there will be disappoint ment if nothing is taken off the in come tax. The impression exists that Large arrears of income tax were left open at the close of the financial year. No special Effort has Yot been made to get these in and therefore financial opinion holds that it would be perfectly legitimate and fair to devote such arrears to Relief of income tax payers. Had pressure been applied to collect All that due from the income tax before the Cloae of the fiscal year this Money would have gone automatically to reduce the floating debt. It is Felt that its use now however in lighten ing direct taxation would be of greater Benefit than the effecting1 of a comparatively Small reduction in the debt. Trade with France and Belgium Trade Between Canada and France has reversed its direction in the Las half year and in the twelve months ended february our imports from Franco exceeded our exports to that country by More than six million Dol Lars. In both the periods ended february 1924 and 1923, exports were Abou two million dollars greater than imports. Tho february values were imports and exports exports to Belgium remain steadily much higher than imports from Belgium and Are increasing while imports remain at the in february imports were and exports Bond prices april 21, 1925. Allan Killam i Mckay. The following approximate Bond quotations prefix letters Are Moody s ratings a Means rating yet issued. Price Tlell x Burns. P. Co., 101.60 6.35 aaa Bell Telephone 5, 1955 -99.00 i x Bawlf Grain 1939 99.00 6 As Aoa . Stock 76.31 4.7u aaa can. Pac. Illy. 1944 93.25 5.00 aaa. Dom. Of Canada guar. 5. 1054 101.50 4.92 aaa Dom. Of cauda 1935 97.00 4.88 by Power 6, 1949 100.50 5.96 a Edmonton Schuls. 5, 1955. 9350 545 Baa Frasur cos., 6. 1950 97.50 6 20 Baa int. Paper . 6, 195596.co 6.3u aaa Manitoba 5, 1945 free prov. Taxes 102.00 484 Baa Manitoba pivr., 7. 1941__10400-600 a Montreal trams 5, 1955. 92.00 5.55 x metropolitan bids. 7, 19-14 101 00 6 90 aaa 5, 1955 10050 494 x North. Mil., 7. 1938 10000 700 aaa Ontario. 5. 194b ._____101 75 4 85 x Ottawa River pwr., 1953 x Ottawa Montreal 101.00 6.40 Power o 194o 91 on 7 40 Baa. Quebec Power 102.00 slab x Stewart term., 6yi, 1938. 9950 6 6u x Seaman Kent. 7, 1944 100.00 7.00 aaa Bho Brooke 5. 100 00 s 00 a Saskatchewan 1944. 95.01430 x Simpsons Ltd., 194.5. 99.00 6.co x of. Lawrence paper. 6yi, aaa. Toronto. 1931 so i so "5 5 i5.6? 100.87 4.s5 Koot. P.9 or. 6, 1943. 103.00 5.73 stocks and shakes on the Montreal Stock Exchange Market Dull gains outnumbered by losses 16 to is Active Leader closing fractionally Power raises dividend to 8 per sugar has Good year and expects a better. Despatch to the 1 Reo press Montreal april 20. The wee opened on monday without a resumption of the strength which had shown in the local Market Towan the end of last week. New Yor turned irregular soon after its Fairl steady opening and the local Stree merely looked on. Trading was dul the Active list a narrow one Price changes in either director were for the most part of a Frac Tiona variety with losses out numbering gains 16 to 5, and the average Price of. 20 listed stocks fall ing off .19 Point. Smelters was the Active leade with a further Price Advance to up after Selling As High As 70 sugar common was another Aktiv Issue opening at 32 and Selling of to 30% which represented a gain of there was no change in the breweries situation Over the week end and National breweries shares sold a Point to 48. British pm lire steel common and Canadian Cai preferred touched new Low Levels. There was no Surprise at the announcement that Montreal Light heat and Power directors had in creased the a dividend rate to High per cent at their meeting this morn ing. There was some buying in me expectation that the announcement might stimulate the Market but the Street was unresponsive and the Price closed off h at it was 14 years ago last february that the old Stock was placed on an eight per cent basis. At that time to was Selling around 145. Before 1911 was out it had crossed 190 and n March of 1912 it crossed 200 for the first time and in september of that year sold As High As 242% proved to be Only Points below the highest level touched before Tho spilt us of the shares in .1916. The outbreak of the War pre vented a More spectacular record. During the three years which it moved in a. 30-Point Range Selling up to 244 a couple of months before the split up came. The fact remains however that the Stock never once even in the panic of War went of the 200 level. Showing operating profits of approximately a ill Jon dollars the at Antic sugar statement for 1924 was n line with expectations. The improvement in financial position How Ever was perhaps better than has been anticipated. When one thinks of the hopelessness with which Many Money at work May july oct. Dec. Jan.----. Mar. New York Cotton. Clark Martin co open High Low 2-1.78 24.93 25.27 25.15 25.12 25.03 25.10 24.84 25.05 24.95 25.05 24.66 25.02 24.s1 24.92 24.66 24.95 close 24.66 25.02 24.s1 24.32 24.70 24.05 new York spots 24.95, 5 up. Mining stocks Osier Hammond Nanton mines Argo Gold 34 to 35 Beaver 32 to 33 Crown Reserve 37 to 38 Castle 80 to 81 dome mines 1300 to 1335 Indian to West dome cons d., 15 Everett a to 8h Hollinger Kenora 13 to 14 Kirkland 44 to 45 Lakeshore 560 to 565 Mclntyre 1700 Ray 22. To 23 Teck Hughes 113 to 145 32 to Vipond 114 to 116 Wright Harg Reaves 450 capital 29 to 30. Canadian Tress Montreal april pulp and paper company limited Lave completed arrangements to add to their present pulp and paper Plant at three Rivers a 200-ton newsprint Mil and a 150-ton ground Wood Mill. Cons. At 70 65 at 69% Dom. At 71m 1o at 71 at 81 Price at 3814. At 75. A Asbestos at National at 48v4 Abl Tib at 64 at 137 que rec at 60 at 92 s. Can. Nt-80 a 137vj Spanish at 1o6 War loan at 100.23 Lioan. At 10r it v. At 102 30. V. A. At 106.40. V. A. It 103.90. At 43. Only the big investor from tax exempt Bonds yield also is less their tax exempt for Given Bonds ofe Quat safety interest Ojst tax exempts if you Are a Small investor do ave up 1 or 2 per cent yield to buy tax exempt securities just because they Are exempt. The tax exempt feature attached to state and municipal Bonds is of no importance to the average Small investor because Tho tax pro visions concerning Bonds does amount to anything until a Large amount of them Are held. And almost without exception these tax exempt securities yield Asprec teary less than Gilt Edge Bonds of. Other types excepting it is of course True that tha Small investor May find other features about a tax exempt Security which will make it a Good Ouy such As safety and High marketability As collateral but to buy such tronds merely because of the tax exempt feature is Rife profit Able finance for the average Man. Viewed the company s position at. The end of 1921 the improvement mad has been striking. Happily situate As the company is to take advantage of the Export markets and wit the Low Price of raw sugar prevail ing which is advantageous to refiners and particularly so for the expo Trade it seems logical to look of further improvement. It is reported that the company produced Ove pounds of sugar in Marc As compared with in february and that april will be ahead of March the company being practically sold up to the end of june. W the activity and strength of on Tario steel products Over Tho Pas few Days has been regarded by mos people As simply another move of Low priced Issue which has been favored by More of a Public ing than anything else in the mar Ket of late. There has teen a Kumoi to tha effect that the company Olgh be merged with the Reynolds Spring company of Jackson Michigan. Directors of Ontario steel however deny any knowledge of such a merger from which it might be gathered that the move has reached the distribution Point. Another Rumor is to the effect that the Stock is to be placed on a eix per basis he this is Given much credence brazilian and sugar Are Only Active Stock Canadian Tress despatch Toronto april trac Tion and Atlantic sugar common were the Only Active stocks on monday s Stock Market and both closed for Small gains. Brazilian changed hands at 50 1-4 to 50 3-1 with the close at Tho latter Price. Atlantic sugar common sold at 30 1-2 to 31 with the close at 30 3-4. Consumers Gas shares made further Progress closing a t 170, a gain of one Point. A single Small lot of Ontario steel products common changed hands at 3-4, a Advance of 71-2 Points from the last previous transactions. Winnipeg electric common receded 1 1-4 Points to 42 3-4, arid the Only other traction Stock to come out was Duluth Superior which receded l-2-.to prices steady in heavy Standard Ivi in ing trading Canadian press Toronto april fairly heavy amount of trading took place on the Standard mining Exchange today but he Market did hot show any marked change slight advances and a few Rac tonal declines were the limit. Bald win Hattie and Kenora were leaders n Point of turnover Kenora gaining a Quarter at Hattie eighth at but Baldwin was unchanged. Ceeley dropped 2 at 19s. Atlantic sugar earns three per in 1924 press despatch Montreal april annual re port of Atlantic sugar Heneries Lim Ted for the year ended 31, 1924, shows earnings for Tho year of 3 per Cut. On the common Stock As compared Vith 10.8. Per Centin the preceding ear and 1.03 per cent. In 1922. The statement. Shows that., profits mounted to this compared with in previous year he deficit was reduced from. O Metal. Markets Candocia Tell press i new York april. Steady electrolytic spot and nearby futures to tin easy spot ind nearby futures ?51.00. Iron no 1 Northern j21.50 to s22 Northern to 2 nothern. To Lead any spot. Zinc easy East St. Souls spot and j6.so to s6.85. Spot at London Standard Copper spot e60 futures electrolytic spot futures 10s. Tin spot 7s 5d Lead pot 5s futures sine spot 2s 6d. Earnings Abe greater. New York april earnings if the Sinclair consolidated Oil Cor oration for exclusive of inter company sales and charges for trans i creation amounted to As compared with in 1923, according to the corporation s annual re copyright 1925, port made Public today. Canada s March output of Iron shows increase production of Long tons of pig is greatest since May 1924 Canadian pc sol Dispa Tchul Ottawa april production of Long tons of Coke pig Iron in March was Tho highest monthly output reported since May 1924, and exceeded Tho combined totals for january and february of this year says Tho Bureau of statistics. The in crease Over last month was 117 Pel cent. February in turn showed an in crease Over january of 4 per cent the entire March output consiste-3 of Basic Iron tons being for the fur ther use of the reporting firms and the balance of 192 tons was intended for Sale. Tho cumulative production of pig Iron the first Quarter. Amounted to 121. 740 tons As compared with tons for the first three months of 1924, and consisted of s7.736 tons Basic Iron tons foundry Iron and s.2s2 Tona Malle Able Iron. . Steel will raise mid end half billion surplus is partly in vested in business associated press despatch Hoboken n.j., april h. Gary chairman of the United states steel corporation held out Little Hope or in creasing dividends or special distribution to Stock holders in addressing their annual meeting Here on monday. The Best interests the Stock said or. Gary in response to a suggestion that the corporation Divide some of its surplus with the shareholders is always protected by a conservative management which is Best calculated to save the Corpora Tion from financial harm and distress whatever business conditions May be or whatever emergencies May arise. We have an undivided surplus on hand of prom this amount there has been invested in new properties leaving a balance of Western hardware up Winnipeg reports indicate Bris retail buying hardware and 1 Oron comments on hardware and Meta Market movements As follows in Issue of april is Trade in wholesale and retail hard Ware circles is responding under the influence favourable weather conditions. The weather has been Ideal of the development of activity in building painting gardening seeding operation and in sport and such activities provid a Market for considerable hardware Winnipeg reports indicate brisk buying in retail establishments great Felt in condition in Western Canada this year and Trade has increased in proportion. Hard Ware Trade in Vancouver is feeling the Benefit of seasonal activity in All lines reports from that Centre also Stati that much hardware has been imported through that port from new York great Britain and the european continent via the Panama canal. Reports of travellers. Indicate appreciable improvement in the number and Suie of the orders procured. Government Bonds 4.09 -s.57 Allan Killam Mckay Ltd Victory , 1927 s4.50 1933 106.60 1034 1u37._______ 109.00 Wai loan Bonds 1s35__________.__ 100.40 4.sil 1831. 102.25 4.55 1937 i. 104.00 -1.5s renewal loan 1927______. 101.00 4.so 1932 ._.__. 103.50 4.9ij refunding loan 1928 _______ 100.60 4.so 194-3 102.35 4.80 refunding loan 1944 96.so 4.75 All rated aaa by Moody new York stocks closing bids Clark Martin co. New open Copper an. Smelt. 94% Cerio d6 Pasco. 46 Chile 32 Chino. Inspiration York april 20. High Low close 94% 93 93 Yaj 46 2 22u 47% 10 Kennicott ._.-. Miami Ray cons. In inroad stocks Atchison bait. Ohio can. Pac. Reva. Clies. Ohio Chic. North. _. It. Nor. P cd. Kara. City so. 34% Lewis re Valley 77 miss. Kans. Tex. 33 miss. Pac. Com. J11s6. Pac. Tjw Haven. X. Y. Central 117 a Virth. 61% Pennsylvania 44 Fere Reading 73% 73% re Csc Island 45% St. L. San 3v. 69% St. Paul 7% 8 Southern . 104% 105 Southern by. St. L. Out his. -46h Union . 141 141 Coni. 22% Wabash 6234 62% 10 v. 75 a 74% 74% 143 of 90 4 49 a 62 34 34% 33 34 78-v. 775k 78%. A 115% 44% 44 a 44% 69v, 717. 7 a 103% 10414 88 46 h 139 140 22 62w 62% Premier buys new property at Portland Cana Canadian press despatch Vancouver . April Des Natch to the. Sun from Victoria says definite announcement of the Sale if the forty nine group mine to the cold mining company is made Here by r. R. Lamb of Toronto a director the forty nine. Tho Deal Vas put through in new York. Or. Lamb said that the Premier com Lany planned to Start operations on the the Premier mine and the Porty group Are situated in the Portland canal District British. Columbia. Ontario asks tenders on Short term Canadian Tress despatch april to his Ejov system of refunding Loans Hon. Vvhs. Treasurer is to a issuing a Call for tenders for for one years to meet Blie rations in new York. To is Tak no advantage of the Low rates Hort term Money. American building Boom has passed the Crest Bradstreet s report on building 4 rations in the United states during he first Quarter of the current year give evidence that the full Dong Boom passed its Crest and rhe March total expenditures great exceed. That for the Shorter month february and. The. Totals for Large cities outside of new York continue to How gains compared with a like period last year but with new York included it is pointed Good sized decrease a shown from March a year go when expenditures permitted far reached their Peak. With returns from 152 cities include the total expenditure for is Hown to have been As of spared at the ame. Cities for March a year ago and in february this 3 the paper there is show a gain of 32.7. Per cent., for february it a decrease of 1g.3 per cent from Larch 1924." i confederation i i life building i for rent one or two desirable s offices splendid Light Al ele q i Vator service tand vault s . Inspection in s i voted. Apply building manager h office no. 607. Phone n6635. An. Car Fay 199. _ an. Loco. 124 a 123% Baldwin Loco. 116 Tjerna . Pullman co. Ray. Steel motor Bosch. 33ii 32% Chandler Gen. Motors Hudson Taxwell Mot. Mack truck Packard. Steward warner., Studebaker Tomk. A Lar. Brg. White motors Willys Over. Ltd. Oil Atlantic Refl Calic. Pet. 74% 75 52 y. 16% a 110 111 152 152 21v, 21 64 h 64 a 45 a 45y8 90% 38% 200 123% 64 4 136 126 32 36 it 74% 5214 148% 63 4514 42 a 90% 91 a 74% 51 a 148 21 62 45 a pressure upon i r Maxwell and Strain both closing after Active new York _ a shares and v Uncao and Alton i broke to new Low pro pcs Maxwell motors big 1-2 to Siu Hen a Arz Stock was pressed the opening. Rai Viag or 4 1-s Points below 5 Maxwell a touched a at 111, and alien sagged a gain of 5-s on the trucks closed a i Point i us 1-2 after Sellin As High the k Ira a new High at 11 5-s, 60 3-4, and the prior All closing one to two Poi highs but no Verthe Tesa gains of 1 5-s to 4 3-4 Willys Overland issues Tiona gains. United Stales steel screed j Baldwin dropped the 114 1-4, while american can can locomotive Dupont Gaim p., trial radio corporation and i i securities were among the it is i jul 33% Cosden 26% 27 Clouston Imperial Oil 28 int. . 24 Learland Oil 36% Pacific of Phil Llapa pet. 23% 26 26 a 18% 58 s 41% 26 48% 58 43% 86% 43 it 86% 43 w .86 a 34 45 i 85 41% 4114 14% 52 it. 41% 41s 40% pure Oil Royal dutch 48t4 Sinclair cons. 18% stand. Of focal. -58 stand. Oil of ind stand. Oil of . Stand. Oil Texas. Co. Vacuum Oil steel both. Steel Colo. Fuel Iron rep. Iron steel Sioss Sheffield . Steel 11814 118 i 116% Vanadium Kubber Fiske rub. Co Good Rich . Rubber Sug str an. Sugar co. Cuban an. Cuba Cane sugar Punta Alegre tobacco stocks Ami. Tobacco 39 4 cons Cigar 28% 29 28% Reynolds ._1 tobacco prod. 7614 pet. Nat. Drug 12iy. 122% 121% so Sultze stores 109% Sears Roebuck. 156 156 155 Lam. Tel. Tel. 126% i Olumba. Gas 56 55% ions. Gas. 77 .78 . Gas elec. 105 pub. . Of n. J. 66% 67 66% 101 28s 26 35 Syi 26 is " 61% 43 65 u 65 a 29 a 29 is 11% 42% 42% 42 a 62 29 or Allied. Mlis Chalmers Van. Con co an. Int. Corp i. An. Vav Ooi eng cast Iron Pipo 36ca. Cola Congo Jeum co. Continental can. Corn prod. Davison chem., players Loisch. Yeast. Sen. Asphalt Jon. Elec. 5t. Nor. Ore. No. Harvester and. Alcohol it. Mer mar pad it. Nickel Rit. Paper an co. 1037, 104 86 a _. 79u 79 a 79 1747, 176% 173u 36 36 35 a 4014 4014 1s5 15s 147 98 100% 98 30 29 a 32 i 32% 32 a 4s% 148% .146 w 66 96% 97% 95% 4154 34 45v, 85 1167a 27 14% 52% 41 62 a 29 11% 42 54 8914 29 47 122% 11014 15s 136% 55% 105 66 7a 102 79 4 173% 35 a 9s% 29% 32% 269 269 27o 29 1013 10954. 106% 83% 8354 43% 40 28% s3 .45% 66 270 28% 106% 34% 4o 53 45ia 1 ii in off j ular issues to drop Back one Tothi Points. I american sugar r1 by five Points to cd 3-4. To United cast Iron pipe broke 147, a new Low for the year Ai am than 100 Points below tie 50115 commercial solvents issues w motors Savage arms and Tea. Cd Sulphur Oft two to six Points pm. Debt increases in i Fiji total interest due from is Canadian press despatch Ottawa april Doe 6 Public on debt of the Canadian Xia railways and affiliated companies 1923, amounted to act i Terest to the government to j30.ll or a total of in add Lioja this on was Hon. George Railways and canals answering a Saa of questions by sir the House of commons on Liot fir stated that Tho debt of the Kattaa National railways and panels had increased by t b 1823. Of this amount debt to the government and was a. Debt to the Public. In Vious year the addition to the the government system was 53sa9, and in 1921, bourse pres firm cd m of i at a a a is Hiet Ai so associated press Cable. N Paris april rare Sonbi the bourse today. Three of rentes 45 francs 20 centimes on London 91 francs 05 centimes1 per cent., 56 francs 10 centimes. United states Dollar was i quoted francs 12 centimes. Phil. Read Pitsburg Coal 44s4 44% radio corp. Simmons go. 35% 35% Texas Gulf sup. 110 110 1075 pump 51 to est. 68v. 68 _ buy Good stocks and Bonds with moderate monthly pair Matt credit for dividends he paying. Write for to Nix members month bal Stoot Exchange 96 Notra stat Montreal Canada. Osier Hammond Nanton limited Winnipeg stocks and Bonds insurance e Loans farm lands established 1883 p to Ikei r. Of my m it Clark Martin co stocks Bonds and Grain direct private wire to principal markets. 232 Portage Avenue Winnipeg. Phones a2881-2882. the Royal Trust 0 executors and trustees Winnipeg advisory Board j. A Hough . A. F. D. Macgachen a. Mctavish Campbell C. Colemane 436 main manager f. S. Long assets under administration exceed ;