Winnipeg Free Press

Winnipeg Free Press (Newspaper) - August 5, 1925, Winnipeg, Manitoba Manitoba free press wednesday August 5, 1925 optimism As to fall Outlook in Canadian Trade centres grows steadily stronger. Collections Are markedly improved. News of the business world Trade and Commerce mines and the Money markets firmer american Money rates Are due to Early crop demand condition will last through autumn. Summer Trade holds up Well despite Lull evidence of better fall Trade especially in West continues to pile up despatches to Dun s review from Branch offices of r. G. Dun and com Pany in True principal Canadian cities state that while a quiet ing Down prevails in numerous departments of business orders for both prompt and future delivery covering a wide variety of Staple commodities arc Well above these of last year at this time and there is a growing feeling that if present crop prospects Are realized fall Trade will be very Active. Montreal reports that despite a seasonable quiet in some depart ments there is a steady movement of dry goods clothing footwear Gro Ceries and other Staples and it is boing confidently predicted that Mie Promise of Good crops in almost every Section will result in materially increased business activity with the ending of the vacation period. Collections Are improving. Business in most lines is about average in volume at Quebec for this period but the crops Are making satisfactory Progress and indications Are believed favourable for a Good fall Trade. Collections Are fairly , Toronto collections better the Toronto and in its visit Ltd has not been altogether favourable but a satisfactory movement of dry goods furnishings footwear is reported and there is a steady de Mand for hardware paints furniture and farm supplies. The agricultural Outlook continues encouraging and with Industrial operations Well maintained prospects Are considered Bright for an Active fall Trade. Collections now occasion less complaint. Although business conditions in the far West and Northwest How comparatively Little change there is a perceptible increase in the Confidence with which the future is regarded As a result of the promising crop out look in most sections. More inquiries in connection with fall and Winter needs than usual for this period Are being received at the leading whole Sale centres and orders actually placed compare favourably with those of last year at this time. Sentiment generally is cheerful and a substantial improvement in the movement of All kinds of seasonable merchandise is confidently expected to appear As soon As harvesting results Are definitely ascertained. Collect tens continue to improve. Detroit flourishes this year As never before foreign Exchange the United states Dollar was quoted at a 3-64 discount. The British Pound quoted at Normal Price without Bank charges j4.86 2-3. The following quotations Are in were unit of foreign currency Par today s . Smi goes above 12a level on heavy buying Belgium franc value. 19.30 Brazil 54.62 Denmark Krone. 26.80 Finland Funmark 19.30 franc 19.30 Rel Schwark 23.82 Greece drachma 19.30 Holland Florin India Rupee 2s. Italy lira 19.30 Norway Krone 26.80 Spain peseta _ 19.30 Sweden Krona 36.80 Switzerland franc 19-30 Price. 4.65 11.95 23.12 2.56 4.79 23.95 1.63 40.40 30.94 3.72 18.59 14.57 27.05 Montreal stocks Mcdougall it Cowans Montr Al aug. Asbestos corp. Pad Atlantic sugar Boll Tel Brazil. Tract Brompton paper Canada car a. Steamship p. Oan. Cement can. Convert can. In. Alcohol. Dom. Bridge open. Hakh 72 to 106 1o5 31 138h . Coso. 72 12 31 h 31 43 8714 r.7% 21. 45 6 7 1p6 87 91 8s 39 i 81 44v 15 h 87v4 84v, 79y4 183a 19s4i 198 44 i 161 160 48 c. 106 109 103 a a Levi 113% 31 i 57v, 21 37 39 79% 31 a 21 39 c i a 15 91 84 i 81 4414 44 1-m 160 48 a 110 106 16-1 109 107v, 1m. Howard Smith Laurent de. Of Woods Mckay. Montreal p National Bow. Penman. Price Bros Quebec Shawn Loran Spanish 6. River pad. Elec. A. W. E. R. Pad. 05 Loa a 102.35 102.35 Law 104.70-104.70 104.70 1.m.70 103.75 103.75 103.75 303.75 inane 100 in 1o3.no 49 to 109 its 52 9514 9m i 1934 1937 1932 1944 Industrial Nas Olgher employment in Detroit on a rust 1 than it has Ever been so far this year it is Stater. In the last few years mid summer to Erien ced a decided slump beginning in May and june. Since May 1. How Ever talk year a gradual increase has noted. The july employment figure was 365.000 compared with 000 in july. 1924. 337.000 in july 1923, and 273.000 in july. 1922. Detroit has passed through one of the Moat prosperous six months in its his Lory the Wall Street journal states and it is expected that the second half will be even greater than the first. British Linen Trade to seek Protection Linen Tariff London july British Trade is planning to apply for a on imports of forelimb linens. O. B. Graham chairman of the York it. Flax spinning co. Belfast i hat the present world consumption of Linen is Lesa than the productive capacity of the Mills adding that on of this situation is the decline in american demand owing to fashion changes. Mining shares display firmness after Holiday Canadian Toronto aug. The Holiday recess a firm tone was shown on tin Standard mining Exchange this morn Tonj cons. W. D. Lake was Strong a 15 and Baldwin receded fractionally to 244 Kenora advanced 1% to 15, while Castle Trethewey remained steady a 90 terrain opened steady but de dined a half to Metal markets. Amoco med Tress York aug. 4. Copper firm electrolytic spot and nearby. 14 futures h is. Tin. Steady spot am s9.sb futures. 59.00. Iro steady prices unchanged. Lead steady spot. 8.50 to 9.10. Zinc firm Enst St. Louis spot futures 7.oo Antimony spot. 17.75 to. 1s.oo. At Copper. So 10s futures. 10s. Electro Lytic spot 5s futures. Tin spot i2s fid futures. A 6d. Lead spot 5a futures 7s Zinc spot 7s 6d fun lures 10s. Midland Bank. The assets of the Midland Bank Ltd. Which is one of the Large it Nincia institutions of the United kingdom stood at on june 30, 1925 compared with the pre cell no year. The change is due to decline of in deposits. Money ates and a Bear attack against the issues which broke bout 3 Points each. United states steel common and synced. 13-4 Points to 120 1-2 on buy attributed to powerful financial in rests. American can touched-215 7-8 Lack trucks 187 3-8 Dupont 201, in Ernat Lonal Telephone 137 1-1, United Rug 133 1-2, and Atlantic coast line 82 1 4, most of them closing near the of. Nash motors rallied. A Bov a 423 for a net gain of More than in was weakness in Ilie run Tictin issues the a Clos no nearly 3 Points lower at 67 1-4. Anal he a Stock showing a net loss of 3-s it 67 1-8. Cevla indeed products touched a new 92s top at 65 7-8 Simmons company 46, coca cola at 140. 7-s. In the motors. General motors at a new maximum Price at 92 3-3. White motors. Fiahlo. Body and Hayes were Strong. Steady accumulation of Loew s inc., Holch reached a record top itt 32 3-4, in anticipation of an Early in Rease in the annual dividend to except for the eight Point jump in to Antic line und the establish ent of new Peak prices by the a Ash issues there was a tuft or interest tie rail group. Call Money opened it 4 1-4 per cent and then advanced to 4 1-2. Time Sicney and commercial paper rates eld steady. Total sales shares France exports ibs to on Ted states 54 105 114 40 11 85 184 80 a 598 163 i08 165 85 saw 57 14214 Razl Ltan traction in. Pac. In an. Gen. Electric Jinn a Cement com Anada Cement pad an. Far to my. Com an. Steamships com an. Steamships pad Oil non Dominion textile an of Woods Mill. Co aurent de co Montreal Power Clivle milling co Xebec hallway Power Teel co. Of can. Com i Lynnl per elec. By Toney. On Call. 5 per cent. Time. Per cent. Terl Lnu Cable transfers 485.5s. New York actual. Demand. Montreal rate Between Bunch 48s.08. New York actual Al. Montreal rate a tween to non 481.58. York actual. 481h. New Yorac funds Montreal rate Between Banks 1-16 discount. 104 39 in 46 87 180 79 i 197 150 107 163 is a 52 Montreal sam58. Reported by Montreal. Auff. 4. At 185 at Brompton at 21. Can. Int. At can. At can. Convert at. 78. Can. At 43 50 at Gonn. At 109 110 at 107% 00 at 108 25 at Dom. At at 100 it 80. Prore at 145 at 49 Montreal it at 828 at it it ashes its it 106 50 at Loo i 5o at National at Oil lilo at 161 Quebec at 1c6. Quebec. By. At Spanish River at Oslos. At _ Spanish at Jos i at 10.5. War i Oan. At 102.35. It j04.70. Victory loan. At 105.90 3 at 1o6 v. I. At 97.05. V. U. At 103.75. Prore at 48vi 145 at 46. Bank of at 247. To nor. At 117. Winnipeg at 52 afternoon Atlantic at 2h4 Bell at 1sss4. At 26 at 57 a. Can. At 105 1 oat 106. Can. Ind. At left. Con. At 107% l 25 St 108 100 at 100 Howard at Dom. 84v4. 25 at 81. Montreal Power-r-635 at 198 Iso a 45 at Quebec at 10ft 10 at 108h 85 at 109 20 at 110. At 164. Winnipeg at 52 100 new York curb close. 25 Osier Hammond Nanton Standard Oil of Indiana Standard of of new York. Imperial of 31. Petroleum Continental Oil 24. Banks. Commerce 207b. Montreal. 247. Nova Scotia Royal 235a. Union 117b. New York Cotton oct. Dec. Jan. Mar. May spots. Clark Martin open High Low 24.26 54.27 24.28 24.23 23.6s 23.71 23.97 24.40 25 Down. 23.86 23.92 23.35 Clos 23.9 23.9 23. 23.6 24.2 water pfc wer Bonds nation 11 investment . Outstrips Britain in French needs filling p Ratiee s Trade with tire United tates is growing in value As regards sports but shows a decrease in exports according to French official Rade figures for the first five months of the present year. These figures and late that France imported francs Worth of goods from the United states As against 48 000 francs Worth during the same period last year. This places the United states at the head of those countries goods to France the second place being held y great Britain. An analysis of the figures representing France s exports shows How Ever according to advices received by he Bankers Trust company of new York from its French information service that the United states holds Only the fourth place on the list of countries importing goods from Ranee coming after great Britain and Germany. Financial notes commercial failures Canadian failures reported to Dun s ast week totalled 34, As against Only 27 in the week before which was an Small number. A year ago 33 failures were reported in the same period. The record in the United 3fates is More favourable being 359 ast week which is less number reported in the previous week and Only Sli glitzy in excess of the 352 reported a year ago. To Pacific coast is the Only Section showing More failures last week than in Tho week before. Building brings activity. Activity in the United states Lias caused a. Steady increase the demand for paints and varnishes sales of which were larger during the first six months the year As compared with the similar period of "1924. Foreign shipments have held up Well and production is estimated by Dun s review to be 25 per cent greater than at the same period last year. Bigger Bank Bach week s reports of Bank Clear Ings in the United states show gains Over the car responding figures in last week s total was a gain of 4.7 per cent Over the same week last year. The in crease in new York City was 1.9 per cent., while the increase outside new York was per cent. Vancouver Stock Exchange the annual general meeting of the Vancouver Stock Exchange was held on july 14. Retiring president r. Gelletia Drew attention to the mining shares that had Trade in during the last year the being nearly 350 per cent greater than the previous year. The election of officers for the ensuing year re sult exl in the following w. H. Nanson vice Presl cent t. P Crowther treasurer a. N. Mclver ton Hon. Secretary w. G. Hopper managing committee g. E. Chaffey j. D. Mather s. W. Miller. Copper prices expected to stiffen up slightly special United news Frei by. Free press wire new York aug. Buy Lonj is in Good volume and Tirac Treall All Metal available at 1414 cents Dpi levered has been bought up. Sorn of the producers Are out of the mar Ket a willing to More Metal a that Price and there is Aaronj prob ability that the Price of 14 5-8 cent will be established in another Day p two. Sales monday afternoon were on Domestic account and tuesday morning there was also a Good de Mand. Foreign buying is in fal volume. Electrolytic Copper for domes i shipment is 14% cents a Pound Dell cred to end of october. Price Asid ship new York is Cente. Zinc buying is quiet with Price of prime Western firm at cents Pound East St. Louis. To Juying is in Good volume premiums of As much As a half Cen Pound Are Beins paid for Lead a both new York and St. Railway passenger traffic the railways of carried passengers in april a de Rease of the preceding Montri. The average journey however Vas 8-2.3 Miles a against 5-3.9 in March the standpoint of earn nos More than offsets the decline in of a Bengts in april 1924, the number of Paesens ers carried and the Xiv rare journey per Asse Feer were Miles respectively. Stocks and shares on the Montreal Stock Exchange strength of Montreal Power features Mark passed for first Bridge climbs on Rumor of big Saguenay aluminium peal steel prod Ueta increase earnings in last Twelvemonth spell no to the 1 ree j Onmi Montreal aug. And a Ivity of Montreal Power overshadowed Ilni Ost All else trading on ocal Exchange tuesday to a lesser extent Good advances. By i two other Power stocks Shawin Gati and Quebec were prominent As was a Sharp upward movement in Dominion Bridge which tools place in the late trading. The general hot a As Dull and narrow with the tendency in an upward dlre2 Lon but not in any decided manner. The Asbestos issues snowed Little change in quiet trading and the Mer Ger situation was unchanged Uther Nan the fact that negotiations Are to. Renewed again this week in new York. Taken As a holc tuesday s Narket Here despite its dullness gave i Good sound display and an expand no Public interest would be very read by reflected in a Strong upward move ment. Strength of Montreal Power is of course in reflection a coming split up and on tues Lay the Issue crossed he 200-Point Mark when it is consid ered that the closing Price of is sex dividend 2 per cent. There is now Alk in Well informed circles Here of a still higher figure for Power before the Hare split and from the Type of tidying a n evidence thursday is not hard to be Leve. Strength of Shil Winigan is accompanied by rumours of other things in store or the shareholders in addition to the increase in the dividend rate to s per cent., which has been generally accepted As practically assured. Quebec Power s almost certain to go on a 6 per cent. Miss. About this latter company there growing optimism. I a feature of tuesday s Market was sudden and quite Sharp upward move Bridge in the afternoon cession. This Issue closed at 91 . For a net gain of 3% Points on. The Day and was bid and 92 asked for More Stock at. The close. The., move was accompanied by a fairly Well founded Rumor to the effect. That Lead closed a contract with t a Alum Winum company of America for t their Canadian development at Chute a Fearon calling for tons of steel. It was further stated that this order was to be followed by others. There wire no Money at work developments it is understood As far As the South Shore Bridge is Concerne a. A despatch received from t. Paul stated that the Federal court lad ordered an immediate valuation of he twin City rapid transit company by the master in chancery to Start within 60 Days. It added that this will a precede the state valuation on which Are Rise was the Appeal of the company for a higher valuation has evidently met Vith the question not Only if an increased fare but also of pro erty valuation has now been placed in he hands of the Federal courts and out f the jurisdiction of the local political a licence. It is not expected that any Independent valuation such As proposed produce. A lesser figure than that accorded by the commission but rather hould More nearly approximate the company s own. Which was everal millions higher than that Al owed by the railway commas site. For the year ended june 30, the an Ual financial statement of Ontario steel products go., utd., shows a sur plus of j27.48s, As compared with a deficit of .j26.506 in the preceding 12 months. From the remarks of. The president it will be noticed that the in Rove meet came in the second half of he period covered in the report the improved demand being noted with the Jegl nning of the year. An Andrea pcs la he amount of securities held by the company amounting to Over is reflected1 in the working capital Posi Tion which shows an increase of nearly he same amount. Profit the year under review amounted to compared with h70.s38 in the fiscal year ended with june 30, 1924. In the current report deduction for depreciation at Bond interest at sinking fund at preferred Dividen at and common dividends at left surplus for the year at previous surplus was brought Forward at which leaves profit and. Loss balance of an improvement is shown in the working capital position of the com Dany excess of current assets Over current 1 liabilities standing at As compared with in the pre Vious report. The working capital position for the two years compares As follows 1925 1924 current assets current liabilities the capital of an. Individual or of country must a conserved spending Sav Imja alone poorer i without profits there can be no income any one government or individual using savings for living expenses instead of for income production become. Steadily poorer Anc borrowing won t help any. For eight years fluff Ala has been trying to do business for service Only Sha has wiped out profits Walthou profits there is no income and with out Inconnu there savings and Ici addition to business capital. Tushla then Tia s lived on her Cupita which in an Tondl Viduate would be termed atm ally it Lias steadily diminished and the country Haa grown poor and poorer. Site has been try no to borrow hundreds it millions of dollars from other countries to Tull up that Busi Ness capital again. If that Money too not face to build up profits and income it Ivill just be eaten up in Levi nor axe sea and sly would lie poorer that Ever. Tei How much one los or Lioyd much he tier rotors it i not used pro duo Lively lie a scores steadily copyright 1925, associated Lac working capital one of the chief changes in the bal Ance Sheet is a reduction of in the Goodwill account who a the presi Dent explains accomplished by utilizing the sinking fun 3 Reserve which appeared in the 1931 balance Retei. At and similar accumulations to the extent of florins tin cur rent year for this purpose. Securities held by the company is the current re port amount to As compared with in the previous report. Mcintyre Porcupine goes to new Peak of Canadian Den Ulch Toronto aug. Bridge and Maple Leaf common were the out standing Toronto stocks in tuesday s Slock Market. Another Specular near showing was made by Mclntyre por Cupone mines with the attainment of i new High for 1924, at Consoli dated smelters moved Between 107 7-8 and 100 1-8. Leaf common moved up four Points to s9 on a single Small trans acmori., Winnipeg common Oft 1 to 51 and Duluth was very Dull at 83 1-2. sugar common closed fractionally lower at 31 7-s. Canada May get american Gold in fair amount Jold exports from . Fall off largely Little demand in Prospect Gustay Cassel tha swedish economist lately remarked that there is bound to be a further Large flow of Gold from the United states to Europe recalling the movement last Winter which took out of the country in three months says the Wall Street journal. Some of the Continental exchanges were in a position then to draw Gold from in addition to special importations to facilitate the return to a Gold basis. At present however there is no indication of a. Resumption of shipments on any such scale. The Only european Centre there fore which might draw on. Us for Gold is London and Sterling is still far too Low to warrant any such it is in fact Only about one cent above the Gold shipping Point in this direction. Canadian shipment Likely the Only country to which there is much Prospect of our losing a fair amount of Gold at this time is can Ada. The slight Premium ruling at the moment on Canadian funds is d to warrant shipments across the c order from Here and Banks have been making inquiries for the Metal. During july the smallest in and out movements for some time took place. At tire port of new York for the first Days of the month exports to talled Only and imports leaving Export balance of june exports of Gold amounted to Only or half the month be fore. June imports amounted to compared with in new Diamond Trust to replace de Beers House of Morgan May be behind new jewel Combine new. York aug. May have replaced dollars at least temporarily in the eyes of the j. P. Morgan interests. The Bunke Buhler interests of Ger Many and the Barnato interests of Cape Colony will Combine with Morgan a new Diamond Syndicate which will replace the present de Beers african band late on dec. 31, Lee arge american Diamond importer has announced. The new Diamond Trust will control 30 per cent of the Diamond output of he world and will Benefit the buying and those in the Trade by adjust nor and stabilizing prices of the stones. Reichman said. The Syndicate will control production of the Premier and Jaeger Fontein Fields for five years Ana supervise o it put of the principal mines in Angola and the Congo. The Morgan offices hero professed ignorance of the entire matter. Lock Mjaland St. 4 8au or. So. Pac. So. By. St. L. So. Union pm pc. Wabash com Wabun a Eaulin Keiit fat of , car of. Amer. Loco. Balwin in , Ilma Reese steel a. Ullman by. Steel apr. Motor Iotch Magneto handler. In. Motors Luda on. Hupp. Lack truck Tewhart Timken r. A Overland p. A Overland com. Oil Atlantic Nefyn. Cal. Petrol. Osden Lovaton me real Oil it. Petrol. Larland Oil Heine Oil an am pet. Oil and Gas. Ure. Of Oyal dutch inc Lair Tan. Oil of Cal. Tail. Oil or and. Oil of . Stand. Oil . Us co. Vacuum Oil. Steel an. Steel f d f. Bethlehem steel. O. Fuel it. I. Crucible steel tron a. S. Ontario loan companies increase deposits this year deposits of Ontario loan and corporations increased during the Quarter ended june 30, by Over 000, and Are now higher than year ago. Cash securities and Loans Are 59.76 per cent of deposits compared with 52.11 per cent a year ago and with 6-5.58 per cent on March 31. Cash and Bonds have decreased since March. Guaranteed investments of Ontario Trust companies increased by during the Quarter ended and Are now Over More than a year ago. Deposits and general guaranteed investments Are higher but specific guaranteed investments Are de creased. American Iron prices proof any at Rock Bottom the Atory of steel and Iron in the United states during june Wae one of further recession in activity. Of then told of the quietude it business in Many of the Mill towns saying that the number or those out of employment was Large. The Mills were operated at 65 per cent of Capa City the plug Iron output was tons against Tona la May while tons of steel ingots produced in june a compared with tons in May. There we re. But slight changes in prices. The composite Price of pig lion was it to it. La May com pared with in june. The Gen eral was that prices were bumping along and that next movement would up Ward. Estimates carryover of Cotton at Bales a new Orleans despatch to the Wall Street journal states that Hes ter s estimate of the world carryover of american Cotton at the end of Bales a year ago. July was Bales against Hester says world consumption american Cotton ended july 31 was Bajes against year. Actual growth was against commercial crop totalled Bales against Hester estimates the total exports of Coliori from the United. States Dur to tire season at Bales against the preceding sea son. These include shipments to Canada and also Lenters. Average Gross commercial weight of Cotton Bales was 511.09, against 510.07 the preceding season. Porphyry is discovered in new Beardmore Field port Arthur aug. The discovery of poplin a on the Long Worth claim and the finding of tour Maline in an old gravel pit were the features of the week of events in the new Gold area of Beardmore. Where a scope of engineers and Field of fists from some of the largest min ing corporations in the. Dominion Are now engaged in making a Survey o the properties. The finding of porphyry an added interest in the new Tolt Field As it is an indication of value Tourmaline the engineers say Usu ally indicates deep mining and these two things combined with the some what co Ploue findings free sold have caused engineers and Geol Kolsti to place their Confidence in the Ald give encouragement to the Hordi of have spent the past month in hard work. Mining stocks. Osier Hammond Nanton Argo Gold to 26. Beaver 31 to 34. Cream 16 to 17. Cattle 90 to 91. Indian. 4% to West dome 14 to 15. Hollinger 14.80 to 14.90. Keeley. to j1.s1. Lakeshore 6.15 to 6.30. Mcintyre 19.85 to 20.00a. Mining corporation 2.so to 2.go. Night Hawk 23 to 25. New Ray. 22 to 23. Tecec Hughei 1.70 to 1.72. Temli Kaminir 3c% to 17. Vipond 1.22 to capital 85 to 87, Premier. 2.16 to new York stocks closing bids Clark Martin 4. Co. 1 Xci Tork aug. 4. Open High Low cd pc Copper Tocke am. Smelting 104 104 Anaconda. 41 "4 42 41 41cero do Pasco 53 53 52 7i 3414 34 Cut no 23 2j 77 h inspiration 28 27h Cenne Cott 55h 64 h 53% Miami Ray con. 14vi Utah kill Road at Colbon 12oh bait. Ohio 76% can. Pac. By. Dies. Ohio 94 Chic. North. 66 Irie com t. A for pad 69 Kan. City so. Ilgah Valley 77 mo., Kan. Tex 59 to. Pac. Com Pac. Pad t. Or. Pac. 67 Enna. 46 Ere Marquette. 54 10 14vi 96% 76 a 77v, 141v, 95 65% 69 33 4 91 98 i 141% 3614 71v. 111 la let 64 85% 85 102 112 111 14 112% a Levi 67 is i 46 i 47 a 141 36 a 70, 3 1 1 63 Isa 18s 67 t 47% .4 104 112 30% 68 30% 24% 46 70% 55 w 27% 51 h 20 h s6vt 63 42 h 42 38 i 4 in 4214 71 a 82 48 43 44 45 a 56 70% 42v4 so to 1s9 63 b318 1b4v, 54 "4 4 tvs 44 ass y. 664 41% 56 56 w 42v, 42 82 48 u. A. Steel a Adlum rubber stocks inks rubber co. Goodrich u. S. Rubber big far Titock in. Beet Quirar in. Co. Unta. Alegre Toby icon in. Tobacco Cuffar co. Prod. A department it d. G. Lily dept drug Shultze am Roebuck Woolworth 102% 119 120 a 2944 41 h 42 49 4 88 h 38 a 41 a is 43 4svr a i 194 m 27v. 67 31 24 a 56 67 i 41h 55 h 51 20863 41h 50 83 a 42 42 72 82% 48 23 s7y4 37 68 a 52 2314 56% 37 69% 35 i 119 29 a 51v, 37 68 a 35 w 120% 52 36 i 52 22% 55% 57% 37 68% 35% 101% 52 1i6v, 132% 132 v. 108 194 194 192 Isau 167 167 Public am. T. To. 129% 139% pm. Tater 65 65 65% Columbia Gna 73 74% ions. Gas 89u 89% 89 89 us ser. Of . 85v. 8114 88u air hied chem. Mils of Elmero am. Can co. 214 int. Corn. Amer. Ast Iron pipe. 7oca cola. Yontl Nentl can. 2orn prod 103% 90 h 91 90% 91 81% 215% 213% 215h a 36 4 36 "4 42 41 Isi 4 140 iss v 24h 78v. 3v i 339i 33 i 37 196 68 a 36 a140 201 78v, 37 upont.196 Enid. Johnson 69 _ _ _ _ amour players. 107 it 1o7 4 file Bchmann s v. 37 97 65% 308 28 of 308 in. Electric it. Nor. Ore it. Harvester ind. Alcohol 87% us it. Nickel 31 it. Paper 6mi 63% North an. Co. 57% 58 Pella. H. Coal. Radio corp. 53 63 Simmons co. Texas Gulf sul. 111% 113 ii Ron a. Weat Longhouse Al. 72% Call Money per cent. Total sales Stockl 55 4 28v. 23 4 87% 67% 62 h 111v4 72 f. 88 63 57 39 h 52% 47v. 72v. Canadians head group to use romanian Power Paru aug. Guyot in Telegram from Bucharest in the Awrence econ Mique of flan circe says Conversi tons with an Amer ican group represented by messes Berton and Arnold Arnovick lately connected with the Canadian National continue with the new for a renewal of. Mull clap water and electric Een Cerf Here. The same group is negotiating also an important loan to the government for the realization of an extensive pro gramme of Hydro electric work in firmer Money is already cause i higher rates Are expected to right through autumn credit available special filed by prep new York aug. 4__ firmer Money rates ready it hand 51 funds fur Harvest Nir Ana info expanses already t resulted in Money monday and tuesday at 4u a Al nil 4 per cent rate last when Bankw were a Undra win t for the usual and of the a Quler emundts. It generally has Heon the Demant from the Irons would Noi Ian effect on Fumm until tember but Bankers i opinion that the firmer rail. Lii Lier Mil could expected to i main through the full. The Hanks of the country in Demandt funds luring autumn la so ,1 Copti nully Sii onic Post Luj i before. In history he to take care of credit needs of the Airt ers will so Mur a Cash m be Able to to oils year i credit la Elution the Hanks could extend t greatly. Were it possible Tor the in arise without fall Iii on the. Red. Eral Reserve for any Ance. The plans of the gown front t for retrenchment and lax Roduco b factors to dins to Knauer to e i and they also help to a wid a and More Jolt Lac employment Iff capital in Industry. Resources of the ban log if i the United states Al the compard. F Call april 8 Over i and deposits stood f about so i in led Stales bunk Are about four f Hie volume of the Bank t of great. Britain and As Larne us tie Terr regate of All Eubanks. Money Rales Here Are now the Low. In the world All Hofeli Liu rope Are a gradually dropping ;