Winnipeg Free Press

Winnipeg Free Press (Newspaper) - April 24, 1925, Winnipeg, Manitoba 12 Manitoba free press Winnipeg Friday april 24, r improvement is noted in Metal working Industry of Canada. Eastern firm reports sales 50 per cent greater. News of the business Wor Trade and Commerce mines and the Money markets Canadian Bank clearings in creased last week in almost every City Iii Dominion. Gain is t prophesied by steel magnate will address underwriters Bethlehem steel should restore Confidence to general buying Public which is still nervous special United news Denim Tell to free i Ress by Loco Tress private wire by Todd w. Wright new York april markets were still Drifting about in aimless fashion on thursday with no immediate signs of any definite trends in Tho offing. It was the absence of any outside participation in the markets leaving trading largely in the hands of profession als that accounted for these con fusing Back anal Forth movements and it is the general opinion that until the markets Settle Down to a. More Normal stride the Public will continue to keep their hands off. On a return of Confidence in the general business situation rests a Good bit of the Market s future course and naturally thai sooner the Confidence of the Public is restored to the extent that it will again be come Active in buying for invest ment the sooner will the Market re sume its former stability. Tho statement by president Grace of the Bethlehem steel corporation at the quarterly meeting of that company should help considerably in restoring some of that lost Conli Dence. Grace said that he saw no reason to expect a repetition of the depressed conditions that existed during the summer months of 1924, and emphasized the fact that Beth Lehem steel was entering the second Quarter of 1d25 with 20 per cent More orders on its books than a year ago and that they were Book ing new business at a greater rate than at that time. Them Are no he said that purchasers Are postponing buying of their requirements in expectation of a further reduction in prices. On the contrary. It is generally recognized that the pre sent prices for various steel pro ducts do return a fair profit to demand Sterling gained a full cent and was within a half cent of its recent Post War High. Guggenheim May extend Portland canal hol clings the Guggenheim interests it would appear from reports Are preparing to Rel Luquis hairy holdings in the port land canal mining area of British Columbia says the Victoria colonist. On the contrary it looks As if that District is very much in the Eye of the mining interests that arc generally classified under the generic name of the Gug Gen Helms. A Well informed Eastern mining Man expresses the opinion that the pre Mier company has in View very wide Extension of its holdings in the port land canal. He the opinion that this company will essay to control properties outside of that District but believes that All the interests that the Guggenheim a will have in this same District will be brought under the Premier company. The Premier company while controlled As far As majority of the Stock is concerned by the Guggenheim a is regarded As subsidiary to that Well known invest ing House. Metal markets. Associated press despatch new York april steady electrolytic spot and futures 13 3-s to 13 1-2. Tin firm spot and nearby. Is is futures 53.37. Iron steady prices unchanged. Lead easy spot 7.75. Zinc firm East St. Louis spot and futures 6.95 to 7.00. Antimony spot 11.25. At Copper spot. 10s futures 10s. Electrolytic spot los futures tin spot 2s 6d futures. Cd. . Spot ifs 6d futures Zinc spot 10s futures us go. Mortgage Loans Money to loan at a reasonable rate of interest on improved farm and City property Corner Portage and fort Winnipeg prof. L. A. H. Warren m.a., ph.d., will talk on fundamental principles to life insurance Institute wednesday april 29. Foreign Exchange the United states Dollar was quoted at a Premium of 1-64 per cent. The British Pound was quoted at the Banks for Normal Price without Bank charges 2-3. The Money of the countries of Continental Europe was for Sale a the following prices in Canadian cents Day s Normal Price Price French franc 5.2s 19.3 belgian franc. 5.18 19.3 Swiss franc______19.49 19.3 Taiwan lira 4.19 19.3 greek drachma 1.91 19.3 norwegian Crown _ 16.45 27.0 danish Crown 18.65 27.0 swedish Crown -27.10 26.8 German Reichs Roark 23.93 23.s Spanish peseta 14.43 19.5 dutch Guilder. 40.11 40.0 Hamilton him works overtime to Roll orders Canadian Metal working Industry shows improvement though primary prices weaken Winnipeg Stock Winnipeg april 23. Listed Par value. Bid. Asked 50 100 300 100 100 so Ico 100 55 142 a 25 100 1 60 a Vii 110 95 79 29 60 so 40 30 15 can. Firs ins. Co. Can. Pac. By. Crescent Creamery Home. Inv. Shiv. As. Nor. Mort. Fully paid Xor. Trusts co. Bank of can. Was. Elec. By. Co. Unlisted Salt. Am. Of co. Ltd. Western grocers pad. By pro Minos can War 1325. 1931 3937 refunding 3928 1944 War loan 927 1332 Victory 1927 3 933 .-._. 1934 1937quotations in Victory denominations. Sales at 14 at 34 1 000 at 103.35 at 100 at 500 at 34 1.000 at 34 1000 it 14 at 34 at 14 at at 102.25 300 at 102 25 1927, at 102. 3928, at 10055. At 102.35 300 at 102.40 200 at 102.40. At 1o2.40. At 96.80. 100.30 _. 108.00 104.00 100.s5 100.60 96.75 96.80 101 85 103.35 103.40 102.75 106.75. 104.00 304. La 109.00 109.15 Bonds Are for at 106.40. At 1o4.15. At 103.55 at 105.40. Montreau Tocks Abi lbt Asbestos corp. Asbestos corp or Atlantic sugar. Bell Telephone by Urpton. Paper., i can. Steam. Or. 1 can. Cement can. Ind alcohol can. Gen. 321. Or. Dom. Bridge Dom. Censers Dom. Glass. Textile Lauren tide Montreal Power. N at. Breweries Penman s Peter Lyall con. Price Bros. Quebec by. St. Lawre nce Shawinigan smelters Spanish Kiver Spanish Rev. Or steel of Canada a per. Electric War Loans a.11 Cowans Montreal. April 23. C6i65 91% 59, 27% 2814 87" 28% 335 135 135 buy Good stocks and Bonds with moderate monthly payments credit for dividends Amie paying. Write for particulars. Truax Carsley co members Montreal Stock Exchange 96 notre Dame Street Montreal Canada. 52 5214 23 22% 22k 43 101 i 101 a 101v4 16% 16% 1614 16 a f Iff i 108lib 72 80 105 105 108 lib 72 72 4 80 80 "6 175-% 176j. Sulli 5214 50 t. T. Actual. Demand Montreal rate 479.75 x. T. Actual. 479.75 sixties Montreal rate .------476.s5 n. T. 476.25 x. T. Funds Montreal rate Par at 9 at Sojit Beale reported toy Mcdougall Cohan Montreal. April Atlantic at 30 at 25 at 27 50 at 28 15 at 277. 25 50 at 2814. Bell at. 135. At 70 at 52u 100 at 52. Brompton at 23. Canadian Industrial at can. Rat can. Steamships at 43. Consolidated at 6856 50 to 69 300 at 68% 5 at Dominion at 72 25 at 80. Dominion at 30o. Montreal it 176 12a Asbestos at 59 i 5 at Asbestos at National at 51 v4 885 at 51h 215 at 51 25 at 80 at 501j s55 at 25 at 5114 125 at abit Ibl at 62 a. Peter at 20. Quebec at 90. Dominion at 38 200 St 59. Victory loan. At 96.65. Victory loan at 102.80. Nova at 263. Bank of at 243. Royal at 255. Bank of at 198. Winnipeg it 43i4. Afternoon sales reported by Mcdougall Cowans Montreal april Atlantic at 25 at 28. Atlantic sugar at 69. Bell at 135. At. 135 au52. Brompton at Canada at 101h. Canadian Industrial alcohol 16 4. Can. Steamships at consolidated at 67k 50 at Dominion at 72u 110 at 5 at at 80. At 10 at Asbestos at 59. Asbestos at National at 51 a 150 at 370 at 130 at at 25 at 5151 40 at 52 first Quarter. The world production for the month was pounds by far the greatest amount Ever mined in a Welve months and is Jat the rate of pods o year. The mar Ket Price of the Metal has dropped to 13 3-8 cents a new Low for the year. Insurance menu hold by two Day convention i Winnipeg underwriters j with University of in instructional meet the Manitoba Branch of the underwriters association will hold Ito annual sales and life insurance Institute Ken Sutherland Well known Winnipeg sportsman who has been promoted to local manager of the Sovereign life Assurance company. Fund Nipes on wednesday and july april 23 and 30. New York stocks closing bids Clark Martin co. Now York. April 23. Copper open High Low close american smelt. 92 a Taco Ida 35% Cerro de Pasco 45vn Ohio 19v. Ora by 13% 22% Kennicott. 46%miami Ray Cona. 11% Railroad atch soil bait. Ohio can. Pac. Ely.142% Chesa. Ohio Chicago Worthw. Erie . It. North pre f. 61, 62% 6054 Kaa. City South. 3314 Lehigh Valley mlg., Kas. Tex. 33 Pac. Com. N cd Haven. New York cent. North. Pacific 60%pennsylvania Firo St Arquitte. Reading 72 Rock Island. 43% St. L. San. For. It. Paul prof. South. Pacific St. 3u Southw. 45v, Union Pacific 1j3 137 Yvo Bash a 62 equipment am. Car Fly. ____198 am. Loco. 122 Baldwin Loco. ,112vi 112 Loco 63 Pullman co. 134 Rall to. Steel spgs.------. 123 motor Chandler z6 a general Ilo tors Hudson Hupp 17i4 Maxwell motors a Mack truck_____144% 148 144.a 21k under the joint auspices University of Manitoba a Winnipeg Lite underwriters action a comprehensive has been arranged. The Manitoba Branch of then. Underwriters of cant a and to titular by the Winnipeg for some years been Active in ing a High professional attitude j life insurance Agency ranks. A higher Conception of the in Ness of life insurance has been s eloped and has attracted to i i Agency forces men of the calibre. It is surprising Tore that the sales Congress Otai Winnipeg body has developed by year on a very High that the Best educationists authorities on the subjects Tot discussed have been selected for Tsuji occasion. It is expected Shafali number of outside delegates will tend and that the Branch offices Well As the head offices of the insurance companies doing in. This province will be strongly res. Resented. Com War tips Jurt a Ltd prov Plao Jerlef mid Talca Ove Pat 120 74 73% 73% 141 a 60 33 77 34% 73 72 4ss 42ft 73% 8 7% 103 a 102% 59% 44 64% 43 7294 21% an interesting feature of the Caslon is an address by a Lite has. Ance official from states j0 t a. O. Seller manager of inti Mutual of Minneapolis. Or. Sequei icon will bring to the Manitoba Confer ence much information As to the it a suits of unique Agency methods the training of salesmen. Of the address fundamental Prill Caples of life will in great interest to the Manitoba re3sc resent elves As it will be by a Well known student of comics professor it. A. E. University of Manitoba. The Ion president j. J. Compan led by the general Secreti j of the Dominion life ten Der j. A. Mccamus Are in route the East to Winnipeg to attend 35 ii 73% 52% _ 108 146% 21 a 62 45% 405b 62 Packard 21% Stewart i Warner 63 a Stude Baycer 45% time. Roller White a motors. Oil Atlantic Petroleum 29% Jordenia. 27 i 28 c4 ._._. Imperial Oil int Petroleum 25 Marland Oil 36v, Pacific oh______57% pan am. A ----74% 747, Phillips 39% 4o pure Oil 26% 27 Royal dutch 497, ecu Sinclair cons. 13% stand. Of til Cal. 597. Tand. Of of ind. Stand. Oil of .n.j. 41% 42v. Stand. Of of . 41 Texas . 44% 44% 43% icum Oil. Steel Bethlehem steel Colo. Fuel Iron 35 Crucible 66v. 66% Gulf states steel. Rep. Iron. Steel 44% 44 Replogle. S. Steel.1147, 115 114 Vanadium rubber Lake co. 149s 1454 Goodrich. U. S. Rubber 41m 41 a to. Beet sugar n. Sugar co.63% 637, cuban am. Cuba Cane sugar Unta Alegre tobacco a. Tobacco cons. Israr co. _. Public Utility am. Tel. 136% . Water works. _ by la n Man. Tran. Columbia Gas----55v. 66v4 5514 on. Gas. I--------78 79 i 78 79w a. Gas a us. Serv. Of._ 65% filled 857, 86 co. -----172h 137 a. Int. Corp. _3sa, m. Woollens 40v, cast Iron pipe 138 137 Antral 26 49% is Jbv 34v. 661 i 40% 23 60 29 24% 37 a 56v, 73 is 26 a 187. 53 63 41% 43% 8614 40% 70 44 14 k 82 114% 267. Is a -37 62% 62% 29 31% 42% 82 28 137 15vk coca cola 101 101 100% ton oleum co. 29% 2854 28% Orn products 38 Dupont 145 Money to loan on first class City property. At current rates. Netherlands investment company of Canada 400 Garry building. Limited convention. C. C. Ferguson manager of the great West la will furnish another High Light this occasion with his address a insurance the magnitude and greater development of life insurance by sons May be visualized by the fact it new business in Canada last increased by and Ibi there was produced in 1s24 in to assurances throughout the dome the turn of White soul thing Over four and a. Half Builte Ivi Igi of life insurance Are on Tae books we Low bust to disc i to business in Force of the life ins Ance companies operating in he i jl minion of Canada. .415 famous 99% s3 g Fleischli. Yeast general Asphalt 51 49 gon. Electric .267 26814 267 it. Nor. int. Harvester ind. Alcohol. 8551 86% 85 8s int. 5ter. Mar. Pm. Int. Nickel. 29 a int. Paper 54 u North am. Co.45 pm. Read. Coal put Tyburk Coal 40 a Kadlo corp. ?5mgnu1f 107ft 1c6 106 with Langton pump Wostl ngh be elec. 6i a o 45 Northwestern utilities 7% Bonds operating under an Earlu Ive franchise for the Domestic Supply of Nauru Gaa to Edmonton ainu the monthly Bond intact requirement is j3 the earning for lilt Jain aty available for Bond interest were and for feb. The proven Gas Field equate for their Neeti of Twenty years to come. One of the out Nundini Bond Market Price upon re Tutt Nesbitt Thomson and company Limotta electric railway us ii hip a ii Majian Jinks real old scotch produced in the finest distilleries in Scotland and matured for Many years in old Sherry casks go Bey s spey Royal fulfils the demand of All who insist upon the finest and oldest scotch whisky pro curable shipped at full pm liar strength. by a. Gilbey Glenlivet distillery Scotland Wictum Uwel see liquor store Price list f or ports. Gilbey a sherries Gilbey s London dry Gin Gilbey s Jamaica ;