Winnipeg Free Press

Winnipeg Free Press (Newspaper) - August 18, 1925, Winnipeg, Manitoba 10 Manitoba Witti Jiki tuesday 18, .1925 freight loading on Canadian lines in week ending aug. 8 shows increase Over totals for corresponding week last year. News of the business Trade and Commerce mines and the Money markets four Day Winnipeg fur Sale starts today. Over million Dol Lars of furs expected to change hands. Freight loading scores increase Over last year loading in West is greater while East shows decrease due to civic Holiday aug. 3 car loadings of Canadian railways an inure pending freight on totalled 43.? "3 in on dins aug. S. A Darren be of from the previous Wool but 763 cars the Corrozi last year Arford Lnor to a report Jiff Titi by the Dominion Bureau of it Riti Kitoe. F no pro of d with Tho previous the f astern division showed m of earn but the Western division an increase of Carp Parr d with the correspond i no wok la St the division showed increase in loading of 3.141 cars Trio Betner rhinely 000 in Merchan Dise 300 in lumber und in other Forest for Tho whole of Vinada was lower than in the pre Vious by 832 earn but heavier than Ilie week last year by 2.490 pars. Merchandise was in Crit than in i to previous week by oars to Beloff due Marc Clyo to the widely observer municipal holi Day on Auk. Cd merchandise Load Insi were lighter than in 1924 by 261 cars. Loading1 of Coal was lighter than in theofore by 141 Aphter than in the same of 102-1 by Carp. Shipments of him be r wore greater than in the week before by 603 cars and err afer than in the week of 1d24 by oars. Grain Load ins " As Light for by Zilfi ears than in tin previous week and less than in by 307 cars. Other Forest pro Dunta. At cars was slightly below the pro of iks total but greater by 495 cars. total for the year to into stands at cars compared with cars in the same period of mining Enchner likes looks of flan Plon . Bankers me offer Good Price on Canada s loan Ore is sent to Trail for thorough Mill test special a toll to tie press the Pas Aliff. Archi. Bald. Militia Ger of the consolidated mining and smelting company s Trail smelter arrived her today after Mak ing a thorough examination of the Klin flon Copper mine at Atha Papua Kew Lake. Or. Archibald who was accompanied by other mining1 ens neerhof the company loft immediately for the West. While non committal Sis to what his recommendations would be to his company rest Ardins the Purchla 1ns of the fun flon mine from the mining1 corporation of Canada yet he intimated he was Well pleased with the appearance of the big Copper property. It is that the prospects of the Jib rth country were very Bra prot for future. Some 40 tons of fun flon oru Are now on the Way to Tho Trail smelter for a thorough Mill run test. Copper prices remain slightly under 15 cents special Vii Ted to press by Prass Privito wire new York most producers Are asking 14% delivered for Copper and allies have Maje at that Price Liere to to scion cd per still available full Ketly Bat a ice. Consequently with buying Noti in volume Ivro a us it hardly can be salt1, thai 14-% As yet been established As a Price. How Ever it is probable that Good will to made at that Price Lator in electrolytic f r ship ment is 14% to 14 s cents a tie Vereil to end of october european arc. At eve Elf tilth 14.50 to 14.95 cents . Ham Burg Havre and London. Zinc buying is a fair volume. Tho pries is some what higher with prime Western 7% a Pound. East St. Louis highest in Sev eral months although Well below High for the year. Nervousness is evident in Toronto Stock Exchange Toronto aug. Was More apparent in monday s Toronto Slock Exchange trailing than had been noticed in earlier stages of the acl Antins Market in Canadian securities. Smelters reached a new Peak Price it 124 at Tho outset of Tho Market and it worked Back subsequently to 120 under the pressure of fairly Liberal offerings from Montreal. Closing quotations stood at 120% to 12m. Canada bread common was forced Down temporarily to 5fi, rebounding to it the close. Tho Range of fluctuations in Bra Zilian traction was Between 61 and with the close at the lower Price. Christie Brown changed hands at a recession of Ivi Points. Pure Gold continued activity of saturday reaching a new High Mark of 27. The shares closed x higher on Tho Day at 26t4. New Vork Cotton. It. Ivc. Ikel. March May sports Cark. Martin qo.1 open Low close 23.so j3.57 2s.3s 23.38 23.75 23.s3 2.1.66 23.22 23.f.5 23.45 23.65 23.33 23.18 up 5. Two syndicates seek to capture says Canada s Bonds Are in class by themselves a t. Heron who has lately joined Tho staff of Fairbanks Rattray limited. Or. Heron has in tile past 20 years acquired a wide experience in the rental and insurance business. Winnipeg stocks Beaver pure co. 100 can. Fire ins. In. 50 can. Pac. Try. 100 Crescent Creamery 100 . Wost Ulfo As. Go. 100 Homo inv. Inv. 100 nor. Mart. Fully paid Ico nor. Mori. Paid 100 nor. To elms in. 50 Toyal Bank of Canada 100 Wiik. Klan. Fly. Go. Ico Holt. Am. Oil co. Ltd. 25 North Star Oil co., 5 traders blk. Assn. 100 Western . Ico was. Al. By. Co. Pad 100 War Tjoan a 1925 1931 3937 refunding 1328 1943 1014 War renewals 1927 1932 Vicinity 1927 in Napeff. Aug. 17. Par . Asked. 105 55 142 325 fi5 75 35 35 235 38 h 410 83 31 95 7 100.00 101.85 104.30 10035 1c0.60 102.15 97.10 101.35 103.00 102.05 105.50 105.70 103.80 1934 1937 108.40 quota t ions on Victory Bonds Are for . Sales 200, it 101.85 at 101.85 5x 100 it 101.85. 1937. At 104.25 at 102.15 too at 102.15 400 at 102.15 1.000 at 102.15. Al 102. Montreal stocks Mcdougall Cowans Montreal. Auff. 17. Open. Hash. files 651 661 69b ii 99 99 33 33 140 61-54 61% 22b 37 37 43v4 43 i 109k. 86 3254 61v, 33. 40 6114 97 182 207 52 a 156 54 115 166 122 10s1 4 114t it is h7v, 86 97 a bit lbs Aab Emob corp Asbestos pad Atlantic sugar Bell Tel Brazil traction Brompton Canada car c. Steamship p. Can. By front c. Cement p. Can convert can. In. Alcohol. Dom. Bridge Dom. Canners room. Glam. Dom textile. Howard Smitht a aurent de. Lake of Woods Montreal Power National brew Penman. Price Bros Quebec by smelters Spanish River a. R. Pad. Steel of can. Mpg. Elco. W. E. R. Pm. War Loans 1925 10o.oo 100.00 100.0o 100.00 1931 102 30 102.30 102.3o 1937 1o4.70 104.70 104.70 Victory Loans 1933 105.55 105.55 105.55 105.55 1934. Ids.sob104.101 37 103 117v4 86 36 14vi 96 a 97 10014 109u jul 111 110 110 85% 86 89% 86 43v a 81v, big 81 182 182 182 207% 207 52i4 52 156 156 54, 54 is 115 156 166 106 114% 114 89 u 80 v4 51 51r 96 96 54 i 115 160 120h 114 few a 51 96 1944 Royal Montreal Coni Merce Union. 97.30 97.30 97.3o b7.30 243 205 115 233 4 248 248 24h 205 205 205 115 115 115 Ostler. Hammond Timtim Commerce Ltd 203 Dominion 205 202 Imperial ,._ 198 Mont real to 247 Nova Scotia. 275 Loyal a Al 233 Toronto cd 20614 Union brazilian traction to. P. Canadian Pacific . Canada Cen int com can. Car Vou Sriry com Canada steam ships ii Nail. Steams Hajis pro Dominion Dominion textile co. Montreal Power of male ill line co. Shawn Ajtan w. P. Chi. Steel co. Of Canada can win Lpes by. Call time. Sterling Tible new York actual Dufini incl rate Pietu Cen Hank Al new York actual sixties Montreal Between Banks new York actual Vork Famida. Jontreal by tween Banks 61% 109 i 37 97 86 31 207 61% 143 a ii 43 c. H9 51 v 4 4 171 165 f8w 51 .1.32 482.22 mon1tleai. Sa1es. Mcdo Surall it Cowans Montreal. Aug. 17. A 29 at 33. 25 at 30 Bel Telephone 80 00 at 150 at 61 a 495 at at 109v4. 10 at Indus. At 14.14, 90 at new arrivals in fall us hugs Duncan Cameron merchant tailor. Fort Street est. 1895 a3725 Ariada can. Car. To at 37. Canadian at 86. Co at 121 255 at 123. 710 at s30 at 120 at 100 at 122, 160 at 190 at is Lii. Is n 120h. 100 at Koward Smith at 101. Dominion at 111. 15 at 110, b. At at 85 at 86. Frontenac at 120. At Price it 54. 210 at Montreal at 207, 80 at 206 i 5 it 206v., 70 at Clark Martin co. Stocks Bonds and Grain direct private to principal 232 Portage Avenue Winnipeg phones a2881-2882 new York aug. It. Canada is. Likely to sen an extraordinarily stood Price in new York for the Forth coming Dominion loan the evening Sun states today. The Sun Taro syndicates now Are planning to compete for the forthcoming Canadian loan it Ivas Learned today and other groups May enter the contest a Little later the amount of Issac May be 000. Thereby becoming the largest foreign loan of the year. Canadian Bonds rank in a class by themselves and since the bulk of the loan is for the purpose re funding maturing Bonds owned in the United states Competition on. The pact of the Bankers particularly keen. They will not let any thins but a. Major obstacle prevent Tho flotation of the loan Here. It is Likely that Canada will set an extra ordinarily Good Price for her Bonds. The maturing Loans consist of one year notes due 1, and Bonds due dec. 1. Both Are expected to be refunded in one transaction. In april of next year a loan becomes due but 1t is not probable that an at tempt will be made to refund that now especially As Money in the new York Market promises to remain easy. The character of Security to be offered by the Dominion government is not yet known i.e., whether it will be Short term notes or Long term Bonds. The on year notes due sept. 1 were four per cent obligations and. Were offered at Par and prices ausust 18. 1925. Allan. Killam shirt Mckay ltd., furn ish the Folio wins Bond Ciao talons. These quotation.? sure approximate and subject to Market . Rate Slat. Price municipal 5 1943 4v, 19f4 1941 1943 provincial and province of Alberta of Alberta. ool. Brit. Col. Province prov. Of prov. Of prov. Prov. Prov. Prov. Prov. Prov. Prov. Prov. Prov. Prov. Pro1 of of of of fit of of of of of of 6 5 5 6 5% 5 4 1s44 1947 1936 Manitoba. Manitoba Manitoba Ontario ontario1. Ontario 5 1948 Ontario 1944 Ontario 4 1957 Saskatchewan 6 1936 Saskatchewan 5 "1943. Saskatchewan 1944. Winnipeg 5 1944 Wimmil purr water d1s. -5 1944 government guarantees . Man. 4 1930 . Dom. Guir 4 1934 . Deb. Stock 1961 . 1954 Public Utility and Industrial . 5 1934 . 1944 hell Telephone 5 1955 term. Public service. 6 4 1943 Dike Price Power 6 1940 Manitoba. I. 7 1941 Winnipeg blot rec 6 1954 Montreal trams 5 1955 Dominion Canada 5 a 1927 refunding renewal 5 5 5v, 5v, 5v, refund los 5 4 i 1928 1931 1932 1933 1934 1937 1b43 1944 94.50 112.50 100.00 102.00 96.50 109.00 108.25 103.25 89.28 109.35 101.40 95.75 101.00 100.00 06.50 94.00 77.00 95.30 100.00 93.00 98.25 103.75 102.75 104.50 97.25 32.00 101.50 100.75 103.25 106.00 1m.10 108.90 102.25 17.20 Panama canal is already great Benefit to West wonders Are be info done for the Western Tho Prairie provinces by the Panama said Hon. Or. Minister of Public works in the Federal Cabinet in London England. In addition the Pacific coast is profiting by the increased Export and import the Panama he said la revolutionizing Trade routes. It is cheaper today to Send Timber from Vancou ver to new York than it is to. Sena it to Calgary which is Only 6.00 Miles away. It May at first sight seem bad for the railways but in the Long run it will not be so any thing that is Fot the Benefit of a Large Section of people must in the end he Good for the whole country and that which is Good for Caneda As a whole must be Good indirectly for the new York curb close. Osier Hammond Nanton Standard Oil of to 60t4. Standard Oil of new to 4oii Imperial International Continental to British american to 3sv. Reo to Banks. Nova pad. 10 at 99, 10 at 989i. 10 at 98. 75 at 9716. National 55 at 52 205 at Oil Lyle 35 at 171. Penman s 10 at 156, me Katy co. 10 at 70. 30 at Favi Quebec . -5 at 115. Spanish River 110 at 15 at 85 at 25 at Shai Yanigan 20 at 166. Spanish River 50 at 105 a 25 at 105% 10 at 106. Steel of Canada 10 at 190 at 88t. 125 at 89. 105 z35 at Dominion 250 at 97. Victory loan 1944 4 at 97.30. Bank of 40 at 248. Winnipeg electric 130 at 51. Pad. 15 at reported afternoon sales by Mcdougall Montreal. Aug. 17. Cloae. Atlantic suppl a 5o at 33. Bell 15 at 139m 210 at 140 115 at 25 at 61h 210 at 61 if Canada 60 at 1o9h. Canada. Cement 50 at Canadian Industrial alcohol 10 at 14 a 10 at Canadian convert. 5 at 86. mining is at 121 v. 70 121 a 50 at 10 at 175. At .120 ,5s at 60 it 25 at Dominion class 140 at 110 25 . Steel 2nd pad. 75 at 8 Dominion textile 30 at Boft 30 at 40 at 86. . Steel com. 50 at 2h. Woods 5 at 182. Dominion Cannera 10 at. 10914. Montreal Power 80 at 207 35 at w at 207m 25 207h. Asbestos pad. 25 at 38. National 10 at 52 25 at 52 a 25 at 5214. Flour 1o at 171. Ottawa. Power 5 at 98. Mckay to. Co. 30 at. 131. Spanish River is at 11414 10 114. i 20 at 166. Spanish 50 at los i. Steel of Canada 70 at Dominion Baldeo 5 at 96% 50 at 97. Victory loan at 105.5s. Union Bank 10 at 115. Royal 75 s35h. Bank of 15 at. 205 .10 at 51. Sterling Exchange the value of the Pound Sterling in Canadian dollars averages approximately j4.85w during the month of june As compared with an average it has s4.44. During june 1024. The Pound is now at a higher value than been since the Early years of the War. Pm group receives most . Attention High priced specialities Are also feature of Active trading new York aug prices developed another unexpected burst of Fiu length Mommy Niou carried both the rail acid inns Trizil to the highest level in Terest again switched Back to the rail shares a dozen of which broke through the Gigli records for the Myftar. A few Liehs in the Railroad included a a common and preferred a Katy and preferred Western Pacific common and preferred new Haven great of Dathern preferred Ahn Arbor i Norfolk and , and Kansas City Southern. Widespread fluctuations took place in the High priced Industrial specialities. S. S. Jumped -15 Points to a record top at 340 or. One Sale. R Mack truck soared nearly 13 Points to a record High a 230, closing just below the top. Whue motors crossed 99 to a new Peak. Railroad ment stocks particularly chose of companies manufacturing1 automatic train control devices and elect Riri apparatus were general railway signal jumped eight Points on a few Saler. A sudden outburst on strength in. Allis Chalmers carried that Stock up Over Points to a Gall Money at 4 per Day. Total shares. Initial outlay of on Vancouver Oil refinery for the initial work on the construction a new Oil refinery at Vancouver a permit of has been issued. The new Plant is for the Vancou ver Oil Rof Linngr company and will be of considerable proportions. At present the company has no state ment of its Cost when completed but states that the j40.000 permit covers Only the Cost of the preliminary structures. In connection with the Plant a sleep sea wharf will fee built which win carry the necessary pipe lines for the loading and discharging of snips. A july Coppei production. Clark Mir ten a co new Vork Auff. American Bureau of Metal statistics foreign Exchange the United states Dollar was quoted at a discount 3-64 of 1 per cent. The British Pound was quoted at Normal Price without Bank charges 2-3. The following quotations Are in cents per unit of foreign currency Day a Normal Price Price belgian franc 19.3 brazilian Milreis 12.26 54.6 danish 23.32 26.8 finnish Funmark. 2.56 19.3 French 4.73 19-3 reichsmark 23.97 23.s drachma. 1.63 dutch Florin. 40.63 40.2 36.93 48.0 italian lira.----, 19.3. Norwegian Krone 18.79 26.s. Spanish., peseta. 14.67, 19.3 swedish in Ona. 27.07 26.8 Swiss franc 19.56 19-3 the worlds production of Copper in july amounted to 129.300 Short. Tone against in june. In Mayi in april and in March. Total output for first seven tons. Mining Exchange has Broad Strong undertone Canadian Toronto aug. Market was Broad and Active on the. Standard min ing Exchange this morning and the undertone was Strong several substantial advances being recorded. Everett Lorrayn. And Columbus Kirkland were leaders in Point of activity and Everett and Colun bus each gained a Point while in Orrin improved a half. Argon Atit and Castle Trethewey both registered two Point advances. Premier m cold up five cents at 206. Bank sales. Toronto Stock sales 12 Commerce 20bh 10 Dominion 204 15 Imperial 198, Iota 198 24 Nova Scotia 377. Bourse stronger. Canadian Paris aug. Improved on the bourse today three per cent rentes francs 70 centimes Exchange on London 104 francs 30. Centimes five per cent loan 59 francs 10 centimes. The Dollar was quoted at 21 francs 4614 centimes. Stocks and shares on the Montreal Stock Exchange week open on Active scale of hold limelight Over a Point Lauren tide and River statement. Expected to show Large economic in operation effected. Special be Pateli to the tree aus. Week opened on the Stock Exchange with a slightly mixed tendency Al though with a Strong undertone in sympathy with the resumption of the upturn at new Stork. Trading while remaining in respectable volume fell below that of list Friday the pre ceding Juli session by nearly ten thousand the Active list was a fairly Broad one in which net gains and net losses equally divided the Honor s. Smelters was again the Centre of attraction and. And Van once More into new High ground at 123-y. It eased off in Ever to 120h, which represented a net loss of on the Day. Toronto seemed to be ahead of Montreal on Tho Advance the Price attaining a top of 124 in t , and considerable arbitrage business was re ported. Nearly two thousand shares of Frontenac common and preferred went through at the Purchase Price of brazilian was again quite Active and wafted a fraction. Mac Kay preferred and steel of Canada made new highs the latter being in quite brisk demand. The present is one of the most interesting times of the Yeay for the multitude of holders of shares of Canadian pulp and paper companies particularly Hooe manufacturing newsprint. This is by reason of the fact that the annual statements of two of the leading companies Laur entire and Spanish. River will be forthcoming shortly and. The show ing of these two companies has on Many occasions a distinct influence upon the Market for Tho Sharee. Representing this group in general in View of what the rest of the Market has been doing the papers have not Bera acting Well. This has been largely due to the uncertainty As to the future relation be tween production and consumption. It is University realized that All the first line companies have been Bendig every e Effort in the past two or three years to the inauguration of operating , and considerable Success in this direct Lori has been reported in fact the showings estimated about the Street for Spanish River and Laurent de if fulfilled in the forthcoming exhibits will indicate surprising results in the Way of Economy. With regard to the ratio of production to consumption it is noted with some Little satisfaction by paper shareholders that there has been a substantial abatement of the Fervour to put in new tonnage which prevailed a few months ago. As in any growing Industry there Are bound to be periods of overlapping of production and consumption but to companies in Good financial shape such periods need have few terror Sand the lessons of 1921-22 would appear to live been drastic enough to be lasting in this respect. An important feature of the Situa Tion from a Market Point of View that a period of overproduction would undoubtedly precipitate the mergers the terms of which seem to be firmly planted. One Veteran trader discussing the situation today while admitting that the recent behaviour of the paper stocks gave scant indication of any impending movement declared that he is confident that this group will come in for a reasonable upswing before the present Market hag reached the culminating Point. That this Man is always found on the Side of conservatism in the Market adds weight to his expectations. River is expected to show approximately after dividends for its fiscal Vear while it is reported in the Street ent de will probably show earnings equal to nearly g per cent on the capital Stock. This if Correct will come As a pleasant Surprise com paring As it will with a showing of 7.24 cer cent in 1923-24 and 6.81 per cent the year before that. Today s for Sale is greatest Ever held in Winnipeg four Day local Sale will probably see Over of furs change hands commencing with weasels Lynx Sil ver Fox wolves and rats the Winnipeg fur. Auction sales ltd., basins its largest Sale of the year today. The Aalo which is Benir held at Tho Royal Alexandra hotel will extend Over four jays and it is expected that by Friday evening pelts aggregating in value up wards of a million dollars will have changed hands. The Sale is said by the company to be the larg est they have , and to have attracted to it More buyers than at any previous affair the kind in Winnipeg it is being Wated keenly by the local fur men As it More or less sets the Price of furs and indicates clearly the trend of the Market. Although it Doea not yet compare in size with the Large of new York and St. Louis the Winnipeg Sale is steadily attracting More attention and is Besom no More of a Factor in the fur world. It has also the distinction of Selling u class of fur much sought after by the arge dealers and in quantities which make it Worth their while to attend. Many out of town buyers some of the out of town buyers at the present Sale Are in. Resenx whiff. I Brand h. Gerringer Herbert Edelman i representing Julius k. Rog ers William Wolfe f. Huebsch f. N. Monjo Paul Fisch Raan Henry stitch s. Bohdar Max Sherman Fred Ramel son b. Herzig. All of new York Leo m. Goldberg Helena Mont. Sidney i. Rob non re Gina. . B. Minne Apolis m. Flynn. Seattle Ned Hyman Vancouver j. Hector Regina Sank. H. B. Cole Seattle Wash. D., Rosen thai. Fort Arthur ont b. Halperin. Montreal William la Vine Max Shu bin j. W. Cameron w. Wool h. Balt Zan a Goldman j. A terrain and a c. Mckenzie of Edmonton John Mack Herman Carl Lind mayor Minneapolis Minn. A. Katz Kenora ont. George Abrams Glace Bay wis. H. Goldberg St. Paul Henry Maut Ner Chicago Gus Mickoloff Prince George . S. Sanderson nop Lgon a. Hamdon fort chippewas j. A. Maurey fort Smith Sam Greenborg Yorkton h. Simpson Calgary Alta. Lohn c. Felkel Seattle Wash. Sam Cohen Duluth Minn. Financial notes heavy strike Cost of the Nova Scotia Coal strike Are estimated by the financial Post t this includes the value of Coal which would have been produced had them Arjes been working full Lime throughout the whole period of the strike and the value the wages which the miners have lost. The remaining sum of slightly Over a million includes the damage done by water and looting As Well As royalties lost to the province. Rise of Canada bread Stock Rise of Canada bread Stock on the Toronto Exchange is attributed by some observers to a belief that the earnings of the company Are such As to secure the directors in making capital readjustments in the financial Structure the company by issuing additional shares of a preferred. Other observers Are inclined to think however that big american interests Are Endea voring1 to secure control of the com Pany in the open Market. German monopoly broken German dyestuffs which dominated the markets of the world before the War no longer find such a. Sale according to the american Consul in Berlin who Points out that Only metric tons of Dye left Ermany in the first three months of 1925 compared with metric tons in the flirt Quarter of 1013. In West in Europe Britain France and Bel Gium have successfully developed their own Dye industries. Britain Alona before the War took Over a third of Germany s total Export. Another favourable balance French exports in june exceeded imports by francs. This represents a decrease of francs in the favourable balance secured in. May for the first half of 1925, however Trade has been run Ning much More heavily in prance s favor than in the same of 1924, the excess being Over 0-00 francs. Metal markets press new York aug. Copper steady electrolytic spot and futures to tin easy spot and nearby 57.87 futures 57.75. Iron irregular no. 1 Northern 19.50 to 20.00 no. 2 Northern. 19.00 to 19.50 no. 2 Southern 18.50 to 18.00 Load steady., spot to 10.00. Louis spot and Antimony spot Zinc firm East St. Futures 7.62 to 7.65 18.00 to 18.25. At Standard Copper spot 15s futures 15n electrolytic spot 10s futures tin spot 7s 6d futures Lead spot 6d futures 7s fid. Zinc spot -17s so futures 7s 6d. Sterling Exchange Pren new York aug. Sex in Inife at for sixty Day Bills and for demand. Foreign bar Sliver Canadian dollars. Premium. Francs lire demand 3.60. Mining stocks. Osier Hammond Nanton Argo 25 to 26. 31 to grown Reserve 16, to 17. 91 to 93. And land it to 5. Test dome consolidated is to 13 a to 14.90. 1.80 to 1.83. 6.14 to 6.10. Mclntyre 19.25 to 19.76 mining corporation 3.55 to 3.60 Teck 1.66 to Tough Altes 32. Terns Kamlung x6 to 18. 1.20 to 1.22. 31v4 to 33. Premier 2.00b. Bank Stock sales Canadian Ptim Montreal aug. 17. Bank Stock Ralfs five Hoyal 3g Montreal. 248. 9 gets promotion g. V. Pearce one of he Best known younger banking executives of Winnipeg g. V. Pearce has been promoted from the assistant manage ship of the Mcd Raiot Avenue Branch of the Canadian Bank of Commerce to be manager of the. Bank at fort Frances ont. Or. Pearce went to the Portage and Carlton Branch of the Bank of Hamilton eight years 3, and was later placed in charge of the Bank of Hamilton Branch at Portage and Garry. Since 1921 he been assistant manager of the main office the Bank of Hamilton and remained in that position after this institution was absorbed by the Bank of. Commerce. Or. Pearce left saturday for port Frances. New York stocks closing bids Clark Martin co. Copper an. Smelting Anaconda. Cerro de Pasco 52% 55 it. Chile 341. Chino Granby Konn 55 Miami stay consolidated Itu Irlond Stock atch4sonbillmore o. Now York aug. 17. Open nig i Low close 108 a 4214 5s 17 28 it 54 u 11% 14 it can. Ray. Clio Sapako of. North Erie com. Pad. Kans. City so. Valley Kan. T. Miss., Pac. Com. Mesa. I us. Pad. Haven n. Y. Control North. Pac. Pennsylvania Perc Load info holc Island 81. U to fail of. South. Pacific Southern Illy. St. Southw n Union Pacific Wabash common Wabash equipment 121% 145% 143 104 a 183 69 it 68 33 it 73 38 37 39 79% 41 38 it 85 it 38 u 69 it 70 47% 72 87 9974 102 49 a 142v. 42% 49% 96 102 14s 44 120v. 122 i Sou 81 us 104 68 33v. 75k, 38 38 it 121v. 47s4 72 86v. 49r 95 i 99v. _. 102 is 143 43% 73% 68 33tt 73 36 v4 79 37 i 85 i 37 it 69 46 a 87 142 95v. Amer. Car Ajner. Loco. Baldwin . Lima . Pressed steel a. Pullman. By steel apr motor 5rch Magneto motors Huit Joii Mack truck Packard Warner stud Elvaker. To Muon r. 13. White motors w Oveirt. Com. Of ral. Petrol c is Dell. Himton. Imperial of int. Petrol Morland of Pacific Oil pan Amer. B. Phil. Patrol Prairie Oil pure Oil Royal i dutch Sinclair Conn. Stand. Oil stand. Of ind stand. Of n j Brand. Oil . Texas co. Vacuum Oil steel inn sleet dry Bethlehem steel. Crucible re pub. Iron s. U. S. Steel Vanadium. Rubber Flake rubber co. Goodrich. U. S. Rubber .05 113 115 141 a 128vi 105v. 105 Lis i lit is 141% 105 224 it 67 43 98v, 63 30 Ssali 39 i 53 26 to 50 19 w 52vi 62 40 41 85% 62 it 17% 229 i 35 a 43 27 i 53s9 i 53 26. 40. 85 2 3 92 61 29.1 34v. 67 45 a 42v, my. 62 so 142 32 i "s4vi 67 i 59 63 30 it 23 4 it 26 50 in v 60v. 40 47v 85 98 i 27v. 27% Toi 23 41v. 52v, 26 85 41 w 71 123 41v, 71 41 4 70% 38 a 4 70 a 14v, Loo i 99 99 122% 122v. 30 20 53 53 53 56 a sugar co. 65 6s cuban an. Stiff. Tobacco an. Tobacco 99% 97s. 97 a onus. Cigar co. 37 a 37 i 36% Reynold 85v. 84 83% tobacco prod. 89v. 89v. B9h Tob. Prod a 90% 90 y. 90% department store a lock aw90. Dry goods 48 46h Montgomery 03v4 National Druid b9 v. 90 a 46v. 67 it 129v. Sultze stores. .1o3v. 104 los i Jim Woolworth 159 169 it tvs soars Roebuck 195v1 194 19-1 Public Utility despite warning Public goes on Industrial and Railroad ave Row reach in earnings largely discounted special i Lille i news press by of Rev. J rens by Todd w. New York air. 17 More or sir Ninon cry Roker Ake houses Hui in continue to pour into Strep All pc Loim of country continue to Boom Alontra in merry Ion toward a Sprei de Kimyi Lovolo. Both the average tires ror rial and Railroad Tro a record prices each Wilny showing l Jan. Cord established. That Industrial Stoi Kii Loo rapid i Ponci in mint already discounted expected thin fall t0 extent. Monday . By jj8 switching from that of the Railto Nruh which Ever i some of Profe Nional element in the usually Tho mom a Lett Lyl behind their Market Tho Pictro Lotani toffs no vat Sallr. The Lone exec Pliny to the Hul Alfh of the Market Hiu Thiry Wen. Today i pm in Vanlul. Crude Oil the Pic in continue fishy Nihat Ter with the Oil plan Civ and Wise in he was b of Blo Elu will Iii i their Heads and it Lar reply that Hoy Haven t the Klea. Or will Vanco any one of a to zen of which May he fill of sound hut. None of which to to tit the matter. Asbestos merger is again in forefront Asbestos corporation officials of Confer with Dillon himself special in he t in Montreal Ujj. N. Pm riven to Kpou Latic holders of Aflex Kitoi stocks monday by Ryn Iora indic Jiting of erect merger purim re is in Tweti Contra Tion and head s his h was total eco that Irwi Cowit Ross who was today in Toronto i Luigj. Info a Canadian pc Acihl talc intr would proo erd from there to Kew York ton Laht and that he mid lunar Truller. New Vork director of Uig por Alion. Xoum have a the Hankie a include Erik i Allon personally. It in that Tuff Subtle salons that will he cons of f is include that neveral Al weaker companies party to t he it Mijer will Tako prefer i de Stock to Siehda of Bonds for their Ancl that Bond Issue be reduced by about one million dollars. T. To. Am. W. Or. Annh. Trn Conj limn Cari pub. Sort. N. To. air Allied 140 61 88 it 32 107" 14 can int. Amor am r. Am. Cast Iron i Leo centred Coa Coin con. Can Corn Poilu a Davison Chon. Dupola famous play cry Peel Hill. Gen. Asp nit Cion. Kurt rec of. Nor. Int. Harvester. Into. Alc Liol i. M. Pm. Int. Nickel n. Co radio corp skin non 34 43% 163 308 4 5z" 27 -121 86 it 28 140 61 51 u 89 -4 831it 80 243 144 77 i 34 i 108 72" 89 82 r9 83h. 109 94 w a s9s 34 i 39% 161 140 166 160s 106% 106v to 87, so .4 a m 76 Tex. Fiul hi1 " i 1 1 went. Elec. 76% 76v1 Coll Money 4 per rent. Total Moi i 1.112.800. Of Canada. Dividend no. In notice is hereby a dividend at the rate 0" per cent per annul upon we Imil up cup tul Stock o Union Bank of Canada been declared for the Quarter and that the will he payable it its in City Wynn los and Alro branches on and after trav. I in first Lay of septem Ber . Of record at the clone of Ness on the.13th Day of aug ust next. The Transfer books will closed from the 17hi it Day of a Kirbt by Ord the boned. J. W. Hamilton. General Winnipeg. July 1925. Osler Hammond Nanton limited Winnipeg stocks and Bonds insurance mortgage Loans farm lands Coal wholesale and retail established 1883 Don t Dollar stand Seiw Ojea you and a perfect Ibave every Day ;