Winnipeg Free Press

Winnipeg Free Press (Newspaper) - October 26, 1927, Winnipeg, Manitoba 16 Manitoba free press Winnipeg wednesday october 26, 1927 Kirkland Lake and Iroquois Falls in Northern Ontario visited by chamber of mines party from Winnipeg. Trade and Commerce mines and the Money markets appearance of new Model undergoing tests m troit streets causes traffic on Woodward Avenue. New Ford Modi trial run in Detroit causes Small traffic still unknown Dearborn. Midi. Oct. Ford s associates announced two weeks ago that production of the n deluxe Olivver would commence in a Ivy. today the associates would not or could not enlarge on thai statement. Informally they said it won t he Long Ford executives Here were Bland in their apparent ignorance and unconcern Over status of the new their ignorance might have been Milne and their unconcern no doubt. Was based on the fact that l com Pany has already received sufficient sight unseen orders of insure a Suc Cess Oil Clebit for the edition of lord s commodity. Facts about the car Vern few rumours were plentiful. The company was Mill in tooling the River Houge Plant it was stated. The number of employees there has been increase i in recent though the total was still considerably the Peak Point. However the new Ford is Lin accomplished fact even if tin Assembly line Lias not yet started functioning. A number of cars have been turned nut Tor experimental purposes. Recently tiie appearance of these in Woodward Avenue. Detroit s main Street came near causing 11 traffic Jam. It away before it could examined. Residents Here have seen the new Ford on a few occasions. The most recent was when Edsel Ford drove his rather to the Airport to Welcome Home Edward f. Schiewe and William s. Brick round the world on that occasion Edsel drove the car into a Covey of cameras still and movie belons Jini to newspapermen awaiting the filers. But Edsel was quicker than the cameramen. He swung the machine around and was Oil again to find a parking place half a mile away in an accessible spot that May have been a regular Model or specially designed Lor Henry a neat looking Sedan larger than the pre sent Type. Th3 lines were conservatively elegant and wire wheels replaced the old Type. It moved swiftly and Caslov and if it was a gear shift car the fact could not be detected from Edsel s motions when he came to a Stop. Foreign Exchange the United states Dollar was quotet1 1 at y per cent discount. J the British Pound was quoted r ?4k6 i Normal Price without Bank charges 84.8g 2-3. The following quotations Are in cents per unit of foreign currency Par today belgian Belga 39.30 14.01 Milreis 54.c2 12.02 danish Krone 2b.80 26.94 finnish Jonmark -13.30 2.35 French franc. 19.30 3.95 German res Lunark 23.82 24.0.1 gawk drachma j0.30 1.35 dutch Florin 40.20 -10.43 Indian Rupee 48.00 30.02 italian lira 10.30 norwegian 20.130 26.-ib Spanish peseta 19.30 17.23 swedish 20.80 27.08 Swiss franc 19.30 19.39 Long list of gains marked at close despite Best efforts of bears Mill d by Winnipeg tourists hospitality of Northern Ontario lavished on students of mining producers of Kirkland Lake visited by paper Mill is seen. Pur Beaver fire co. Can. Fire . Co. It. West life Massce. Home inv. Fez inv. Nor. Mort., fully paid nor. Mort. 50s. Piti i nor. Trusts co. Standard trusts co. Elec. By. unlisted i Brit. Amer. Co. I Ltd. I Central . Mines. Ltd. Man Bridge cd Iron was. I North stir Oil co. Pad i sniders bids. Assn. I can. Flour Mills Wpc. Elco. By. Co. Pad Lou 5 Victory pre. Of t. As. Ivilue. Bid. Ino 120 so 107 1110 100 73 100 7s to 100 39 so 37 100 so 25 32 i Iso 195 100 2fv it 500 100 52 100 103 100 107 101.05_____ 105.40 105.70 Wix loan 100.00 105.30 103.50 103.60 109.50 10d.s5 102.80 102.95 100.in 103.00 09.75 99.35 03.00 Bonds Are Lor 1023. 1043. 1944. 1340. L j4s. Quotations on Victo a 51.000 denominations. Sales can. At 107. Win. Elec. At i06 i 3 it 107 at 107. Elco. At goo. At 105.30. At 09.75 500 at 03.75. At 103.80. At 103.60 at 103.60. Canadian Vross despatch port Arthur oct. B. White head. 01" Duluth has purchased 400 acres of mining lands in the sheban Dowan Lake Section which is described As a Lead Prospect. The claim was originally started in 1878 and has had Only one change in the title since going from its original owners the Marks estate to f. S. Wiley who sold it to the Duluth Man. The City of Winnipeg will pay you interest on. Your savings for Defin Ite periods at let us show you How you can save on this basis. J. Co. 203 Kensington bldg phone so 786. Amt Tel Asbestos corp. Asbestos corp. Or. Atlantic sugar Bel Telephone brazilian Brompton paper Cali anti car can. Car or. Can. Steam pad can. Cement can. Con. Can. Ind. Alcohol Dom. Bridge Dom. Glass Laura tide Howard Smith Dom. Textile in Kif of the Woods Montreal Power Nat. Breweries Penman s Peter Lyall Price Bros. I Quebec Power j so. Caln. Power i Shawin Lortan Power. Smelters i Vena Nash Lvi i Sinish River pad. Ret of Canada off. Elec. Rail. Mcdougall cow Msj Montreal. Oct. 2 Opl u High Jow 130 Lull a 126 36 i 36 i 361 " 94 in .14 Mil. 2ivj 150l-4 52 44 93 247 100 so i 279 127 103 70 Leif 45 381 93 63 247 247 100 100 36 a 37 279 2b3 127 127 103 106 70 70 127% 130 165 105 89 60 39 so i 01 to 370 370 370 52 92 92 68 68% 7g 7c 135 135 135 115 85 85 242 130 125 140 140 159 s3 80 close 130 94 2 4 i 150 45 3914 93 247 100 37 2b3 127 106 70 130 165 89 ill1- 370 92 t Ull Pil despatch to Vree Tress by fron press private wire Fly Elm us c. Walker. New York. Oct. On Tho Stock Market tuesday converged on the old time leaders. . Steel and general motors of which reported Tor the third Quarter after the close. Expectations of a record show ing in the Case of general motors 1 orc de that Issue up More than five Points and brought general buying into n Long list of industrials. Steel com Mon was not outdone by the Premier motor Mihare and advanced steadily closing the Day with a gain of More than three Points. The Industrial average Rose 3.88 Points and rail figures 1.63 Points. Motors earnings a com Mon share Lor the first three quarters of 1027, while steel managed to earn Only on its Stock. Wall Street expected just about what it . Best gains for the Day were made by Dupont up Freeport Texas up 4, american sugar up american smelting up 4, radio corporation up 314, Wool Worth up 414, new York Central up american Telephone and Telegraph tip Baldwin up 3, Goodrich up Allis Chalmers up 3v4. American machine and foundry up 15vi. American machine preferred up 15. Houston Oil up Otis ele Vator up 4. Timken up 3, and Warren Bros zip a horde of earnings reports published today showed substantial gains Many of them influencing the individual stocks concerned. Even in the Case of poor reports however the mar Ket never wavered. It had to absorb some nimble profit taking and at tempts at forcing recessions by the Bear crowd. 244 129 140 159 32 135 85 247 i 12r in lift 00 Montreal sales. Mcdougall and Cowans morning. At Svi. Asbestos at 94. Atlantic it 24vi. It 130 25 it 75 at 126. It 100h go at 190 4 100 at 1901-1 125 at 190v.1 110 at Loo i 100 at 25 it 190 i 50 at 191 100 at Loo i 100 at 19i 50 at 1901 50 it 1u1 300 it 19114 100 at 420 it 191 i 75 it 76 it 191 a 280 at 192 150 at 75 at 1921-i 25 at 192-h 385 at 50 at 75 at 192 50 at 191t4 50 at 192 135 it 25 it 191 a 115 at 193 175 it 50 at 19f-i 25 at 75 at 192 35 at 75 at 192 50 at 19hi 25 at 192 25 it 191- l 25 at 210 at 1911i 25 it 70 it 200 it 19m 30 at 30 at 150 it 192 100 at 50 at 100 it 191-h 350 at 102 175 at 525 it 192 210 at 375 it 135 it 192vi 325 it 192 50 it 191h 100 it 191v 25 at 115 it 191vi 30 at 191s 25 at 191-Yt 200 it 192. A 50 a 60. At can non at. 44. Alberta pc. At 42 i 100 at 41. Matthews 1 m1ted Stock brokers specialists in mining shares private wire system. Continuous quotations Standard Stock Exchange and current mining news. Marginal or outright accounts. 201 notre Daine at Portage Telephone 89 326 George w. Matthews managing director. Our october Bond list this list is now ready. It contains a widely diversified Range of securities including government municipal and corporation Many of which Are de scribed in detail. Copy will be gladly furnished upon request. Lindsay build info Telephone 22 Vood Gundy limited profit 0f earnings fall off from compare Jive 1926 figure in rec oct. Earnings or tiie United states steel corporation for the third Quarter of 1027, alter expenses and taxes amounted to 373.b31, compared with in lilo preceding Quarter and in. The third Quarter or 1026. Surplus available Lor the dividends 111 the nine months dropped to 850.623, equivalent to a share on the common Stock from s85.433.404 in the same period of 1926, or a share on a smaller amount of Stock outstanding. Third Quarter surplus was 425, equal to 52.14 a share on the common compared with in the second Quarter or a share and in the third Quarter of 1026, or 84.od a share. Can. Steamships at 93. Dominion it 279 125 at 280. At 17.30. Indus. At 36 40 at 515 at 37. Int. At 25 it 64 25 at 50 at 54 200 it 25 at 64h 75 at. 25 at 64vi 75 at 175 at 64 100 it g4 25 at 300 at 64vi 50 at 64 i 25 it 225 it 150" at 64v1 225 at 64v- 250 at 6414 75 at 100 it 64 i 150 at i a 100 at 04 a 50 at 75 at 64v4 75 at 200 at c4vs 550 at 14 425 at 25 at 63 h 25 at g3 75 at at 25 tit 103 150 it 104 50 at 75 at 105 225 at 104vi 25 at 105 75 at 10414 75 at 101v1 30 at 104v4 60 at 104. Massey at 35 100 at 3514. Montrca.1 89. National at 785 at 90. 225 at 95 at us 100 at at 91 25 at 9hi 100 at 91vi 25 at 91 55 at 100 at 90vi 25 at 100 at 91 25 at 75 at 91 225 at 91vi 25 at 25 it .11. Quebec Power at 7b 50 at 90 at 77. At 85. At 244. 25 at 245. 75 at 210 at 245. 50 at 75 at 342. Spanish it 129, 935 at 130. 75 it 129 i 85 it 125 it 25 at 128, 50 it 126. 375 at 125v4. 25 it 125 m. 50 at 126. 50 at 125 at 185 at. 127, 50 50 at 126. 50 at 126, 100 it 50 at 125vi. 50 at 50 it 125 50 it 175 1215. 25 at Joo at 126h, 300 at 1271- 50 fit 323, 45 at 127v1., 50 at 128, 75 it 12714. Spanish River at 140. Twin at 50. Eosin. It 127k. Electric at 82. At 04 a. Montreal Stirli . At 33vi, 60 at 32. At 1.40. It 59. Fri Stern at 53. It 9-Li. 25 Al. 25.50. Power at g7li. 25 at 25 it at 19vi. 50 it 10. Afternoon close at 129, 100 at 130. 50 it 128 400 it 130. At 192, 100 it 102li. 25 at 100 at 192 i. 305 at 193, 75 at 100 no 193, 25 it 25 it 193. 75 at 103va, 425 it 10310, 25 at 100 at 25 it 565 it 70 at 200 194, 655 at 184, 25 at 25 at 380 at 185, 75 at 10551, 25 at 133 it 188, 50 at 195vi, 25 at 25 at 105w, 125 at 25 it 195vi, 165 at 195v4. 100 at 025 at 196, 30 it 75 it 25 it 19g, 50 it 50 at 75 it 190, 25 at 50 at 106, at 105-u, 200 at 196, 425 at 105 i 25 it 50 at i95 i 100 it 105. 85 at 195v. at 125 at 100 it 105h, 40 at Bisti. 60 at invt. At 49li, 25 it 155 at 50. 100 at 50v4. 25 it Sovi 450 at 51 50 at 51 i. 50 at 51v4, 40 at 62. . At can. It 44, 75 at 45. Can. Car at 89vi. Dam. At 25 at 261, 100 at 231vi, 50 at 282, 100 it 283. Indus. At 37. Int. At 50 it 25 at 300 it g4 a 225 at 25 at g5 Price at at 245 50 at 247 25 it Spanish it 127 50 it 127 i 75 at 128 25 at 150 at 128 50 it 12815 265 at. 128 50 at 138h 25 at 128 Droit non at 130 Winnipeg elec. At 81 65 at to Peter Lyal. It 52. At 941-. At 85. Dominion at 127. Imperial at 60. It 105 100 it 105 in secy it Montreal at 89. National at of i 55 at 81 125 it Montreal curb. Power it 50 at 67u Man. It 85, Eastern it 53. Special bes Paul to Pic 1 r n1 Tress by staff correspondent dlr Klail Lake. Ont., oct. Winnipeg chamber of mines special reached Kirkland Lake Camp Early this morning leaving Iroquois Falls late last night a Side trip not included Oil the original itinerary but made possible through the kindness Hon. Chas. Mccrae Ontario minister of mines. At that Point the entire party the guests of the Abi Tibi pulp and paper Mills and were shown through the huge Plant which has a capacity of 550 tons of paper every 24 hours. The Ontario medical association were also holding a convention at Iraq Irois palls and the westerners fraternize with the medical men at n banquet in the evening. Mayor eur bits of Iroquois palls welcomed both parties. And westerners were also warmly welcomed by or. Weston Kripp. Of Woodstock president of the medical association and a. M. Dewar Oil of the a Bibl pulp and taper. Hon. Chas. Mccrae in a Short speech pointed out to the westerners How three great industries were work ins hand in hand in Northern on Tario viz., mining pulp and paper and agriculture. Manitoba lie said had opportunities equally favourable and it was his Hope that the Wynn speggers would see and learn How great things might be accomplished by the co operation of in clusty. After a drive around the Kirkland Lake Camp which included All the bettor known properties a Stop was made at Teck Hughes mine. Both underground working and surface Plant were thoroughly inspected and the Teck Hughes company were hosts to the Winnipeg men. In its Stah quart ers at luncheon. Immediately follow ing this the Lake Shore largest of the Kirkland Lake mines was seen and following that the Wright Hargreaves the Sylvan let and the Tough Oakes Burin Imide. J in the evening the Board of Trade invited the visitors to a banquet and again the. Hospitality of Northern on Tario was made unmistakably Clear to Tho Western men. The duty of reply ing to the Friendly Welcome and invitation to come again devolved upon Jackson Dodds. Assistant general Man Ager of Trie Bank of Montreal. Or. Dodds during his underground investigations during the Day had come in sudden collision with a mine Timber and the result showed very plainly Over his left Eye. Suggested that he had been chosen to speak because it was evident a most marked. Impression had been made upon him. He explained the object of the visit was to show Winnipeg business men some thing of what they might expect from the Mineral development to North of Winnipeg. All had been greatly impressed with what they had seen. They had been equally impressed with with which everyone conceded Ontario s mining Laws Are second to none and no member of the party Coull fail to be other than most favourably impressed by the Hearty Welcome everywhere accorded them and particularly by Hon. Chas. Mccrae. Who hid clone so much to Ren Der trip agreeable and instructive. The party will spend. Wednesday at Cobalt. Here or. Mccrae leaves them but wiil again meet them at sur Buty. Clark i Tarlin Copper open. Am. Anaconda Teutle Superior Cerro de Pasco Granny inspiration icon Newcott 46 i 62 i 34 19 47 co High. Low. Close. 16 lit 164s 46 i 46 i magma Coppe. Miami Copper 15 National Load 110 Tenn. C. C. 17. S. Smelters 38 it Uili fail at Sou _____-----186 at. Coast line -----1u5 Ohio 1lt.3 can. A acidic do Piil. C. M. St. P. Com. In m do part. 23 ii Chi. I waste re u9 u. H. I. P. --------105 h Del. Hudson Iblis Leuver k. O.------31vi do 1st i it. Nor. It d._______.117 Illinois Central-------132 Kas. City 59 to Lehigh 94 Lou. Sci Nashville ___148 m. St. P. S. S. M. To. K. T.-----------42 i mis. Pac. Do new Haven n. Y. Isor. Nor Pacific------------94 i Penn Sylvinia .----------65 Perc Marquette--------130 plus w. Va.-------h4 Reading sen. Air so. Pacific 121% i 3o. Hallway________131 i St. L. S. F. 110 Texas a Cilc 33 i Union Pacific in Basalt do a Western Wheeling l. E. E am. _. Am. Locomotive am. Steel Fly. Baldwin limn Loco. N. Y. Air Brake pressed steel car Pullman co. 34 s3 19v4 73 s 72 48 i 17 33 i 19 i 13 x 47% 38 is la ii 1sb 1u5 it i 113 iu7 Iblis i 12 pc Lvi 12 i 15k los i. 10-1 104t4 1e3vi Iso g3 14 97 57 93 11 6-t 61% 98 i 50 9-hi Trail Ore kece1pts Montreal oct. Receipts at he Trail ., smelter from october to 14, inclusive and from january 1. 1927, to Date in tons follow company s mines 8.500 334.848 other mines 120.873 total heeling Fri l. Is. _ 14 equipment a reduction 173-ld motor Bosch Magneto Chandler motors Chrysler motors Dodge com. Do pad. ,c3cn. Motors Hudson motors Hunt motors Jordan motor Mack trucks Moon motors 45v2 42% 55-in 110% 161 90 05 a 130 145 109 30 i 123 188 71 94 i 3tiv.t 45 45 41 i 42 54 55 108-Il 110 53% lob i 161 184vi 186 94 96 64% 65 i 129ta 130 144 143 107% 108 2uli 30 j21-i.1 123 13014 1301i 110 110 00li 93 187 1871" Lifilie 671 ii 94 94 3g 36 72 u 175 Lla 98 102 47 258vi 25c 59 57 40 30 i 40 71 09 71 77 i 70 la 77 98 i 104vi 47 25s n 2176 2% 21v. Motor wheel Packard Pierce Arrow Stewart Warner Stroni bark Studebaker Miniken r. B. White motors Willys Over do pad. Oll at. Refining in Risdall _ Calit. Pet. Houston of Louis. Oil Marland Oil 52 10 15 02 i 127 09 in 15 i 102 6vs 83 a 45 m 9% 38 53 i 113 i 13% 83% 53 i 53 .4 10 914 9% 15 15 63 02-Yi 130k 127 08% 18 i 18 15v4 14% 102vh 10014 70% 18 83 84 i 47 n 3 i 70 30 54 i 110 i 116vi 3 38vi 16 v4 13% 15vj 34 93 04 84 i 47 ot4 30a 30 5j a mex. Seaboard mid dint. Pete _ mini die s. O. Pan am. A do a pan am. Western. _ prod. Refs. Oil _ Phillips pure of _ Hoy a dutch. Shell Union Simms Pete Sinclair a icily Oil stand. Oil or Cal. _ do n. J. Texas co. Texas p. C. O. Styc Beth. Steel l col. F. I. _ steel Gulf states steel 1 Replogie steel rep. I. S. United Alloy a. S. C. I. P. _ u. S. Steel do _ Venn drum steel _ rubber stocks Ajax rubber _ Plusk rubber _ my _ 22% 2214 145 i of 3-1 is 414 28 i in i 22 145 10 a 47 i 48 i 18% 27vi i 42% 25 20 55 "1 39 51 13% 5214 70 81 4 56% 202 13 7 w 137 i 52 i 7% 40% 10t4 27% 1% 43 20 5i 34 n 4 is 28 4714 45 in a 1ja 42vi 25% 117 a 22% 221i 151% 10% 34% 4vj 4bs 1814 2714 i .4 42vs 2014 25% 25 i 2554 17% Lovs 26-Ti if 18 10 55 i 52 i 52u 52 i 79 80 82 81 83 13 i a j 1 itt 07 561- 26 25% 20 206 202 206 137 i 130s 138 13714 137% 52 i Goodrich t. Goodyear tire pad Kelly Springfield. Lee t. U. 8. Rubber sugar am. Sugar ref. 80% Cuba Cane 5 do pfd._________29vl Cuba am. Sugar 20 of. West. Suytar 37 tobacco am. Sumatra am. Cons. Cigars_______77 it. J. Reynolds a Schulte stores 50 i tobacco products 95 do a to. Cigar stores miscellaneous Abi Tibi p. P.____13214 Allied chemical 147 aids Chalmers a luvs am. Apr. Chem. La is do pfd.____________411 am. Can 10 k. 75 95 i 12v4 16 72th 7i 34 i 951 i 27 11% 53 80 to Sovi 0014 20% 20 i 5% 2911 29% 20 20 Liam. Express am. I p. Am. H. L. Am. Ice am. Into. Corp. Am. Lafrance am. Linseed am. T. Am. W. W. Am. Asel. D. at. G. W. I. 157 25vi Lulli 26 k 49% 59 175 cos 21 451-i 34 57 63 i. 164 77 145 51 4 s9vi 1 2 341i is avs 143 114 11% 15bv4 2554 27 a 501-i sols 177 134 47 i 62 i 63 i i Lvi 162 _ i451i Sou 51 05 97% 11014 11.214 33 i 34vi 125 130 i 147 149 114 is 1114 62% 64 i 157 158 i 25 i 2tvi 491i 50 i 50% 175 177 go s 63 in 21 "4 22 46 i 47 5i life insurance sales rising in Manitoba september total bigger than in last year during the month of september sales of Ordinary life insurance in Canada gained 1% Over september 1026. Actual production amounted to Over this month according to issued by the insurance sales research Bureau. The report includes new paid for Ordinary business produced by companies hav ing in. Force 84 per cent of the total outstanding Canadian business. Gigli gains Are recorded in several provinces. Manitoba leads Wotli its monthly increase of 26 per cent Over last september. Calif. Packing cant. Leather Childs Case . To m. Co. Cert. cont. Can cont. com. Sol a Cong oleum Cluett Peabody col. Gas cons. Gas com products Cocci cola Cuba company Cuy Mcl Dave soil Cheni. Dupont 63 i 64 s 6311 24 _ set 62 til 250 2go Sova 503i 50 74 74 76 205 166 23% 15 89 1111. 62 50 is 74 16s 39-1-4 11-% 57-m 80 Llyl 5o-i 20v4 32 i Endicott Johnson elec. Stage. Eaty. _. Famous players Pleisch Manu free orb Texas Gen. Asp half Gen. Electric Gimbel Gladden it. Nor. Ore Hartman. Hayes wheel House. Products into. Comb. Eng. Into. Harvester into. M. M. Into. Nickel into. Paper Man. Shirt May dept. Stores Montana Power month. Ward Natl. Dairy prod. Natl. Enamel North am. Co. Owen bottle Pacific g. E. Peoples g. C. Philett. 1 80 i 124li 127v. 44 46v i 02 i Sli i 80 i 124 i 44 _ 1451 24 i 24 i 22v-3 23 22% 77 Edvi 112 a 122 21 320 ii 73 14 71 a 108 4. 31vi 15 23% 205% 34 63 a h3 31. 85 i 104 a 78 i 60% Public serv. No. Radio corp. Remington Sears Boe Bulc Simmions . Texas g. u. S. Ind. Alcohol u. S. Realty Universal pipe. Vivadou Western Union West. Electric to otworth 42 154 38 53 i 66-11 65% 60 44vb 43 208% 205% 208% 3414 3 i 3414 go i 03 i 65 68 06 i 67 87 is i 104% 10310 103tl 7814 8054 61% 605i 6114 58% 57lf sell 30% so 155vi 40 v 54 75% Wright Aero yellow mag. Co. 72 Vij 60 25 24 158 79 k 175 52 31% 38% 40 53 54 41vj 42 5s 73 i 7511 26 i 2414 25 74 91 72% 73 54 54 i 53 a 5-1 69 74 h 72 is 60 25 i 25 70% 60% 25 a 80% 79 i 80 179 175 178-y, 54 52 53% 31% 30t4 3154 Toronto mines j. Richardson sons Ltd open. Noon. Close Conda Argo area Atlas began a Baldwin Buckingham Harry Holly Castle can. Lorr Iii Central Manitoba _ Corona con Iagas Crown Reserve Capitol Duprat dome Don Rouyn go Dale. Gold Heel Gold Hill 221 530 40 i 58 211 510b 40b 58 3vi 175 25 2s 4b 93 no 173 b is 21b 500b 3714b 3115 25 2% 4b 92 i b 78b 15b 172b 15b 470b. 4.70 52b Granada Grover Daley Holly Indian Kirk Lake Kirk Hunt ii Cley Veora Lake Shore Laval m Cassa Mclntyre. Mckinley Moneta 4b 93b 84b 17b 177 16 4701 531 20 lib 20b 13b 12b 10501 1050b 10501 25 25 25 Soaib 36 a 1% 38 301 30b 16 16 Ali Nib Isvik 17001 1720b 51b 21b 1700 7b 2371 22 i 841 3b 7b 238b 221-4 301 3 mining corp Hilpl Ssang. Mow ?1ay night Hawk _ Noranda 7b 236b 21b Job 3h 27001 2680b 2675 38 34b 3l3b -47 47 47b 2775b 2725 27b5 17vib 17vsb 1714 lob lob lob 390b 398b 308 760 745b -750 49 49 fib Porcupine Crown Pioneer. Potter Doal Premier Preston Rouyn _ Stada Coha san Antonio Sylvanita Teck Hughes Thompson Kryst Tough onkes towage no i _ Vipond a a Spalka West tree k right Hargreaves West dome l acc Wakenda c 2530 62 17b 226 4b 4 24 33 450 1025 i i 5sb 460 2515b 2560 bib 61. 16b 2261 3b 4 22b 4451 58b" 57b" 450b 9b 61b 15b 225b 3b 4 22b 32 445 400b 9 of go olb if vib 739 7351 735b 81 8b 3 3 3b Cal Abt Oil stocks Osier Hammond Nanton bid Albertn Pacific 20 Dalhousie 1.20 Illinois Alberta 25 1.15 Royality 39 in Vulcan-------_------.--------------1.90 new mcdougal______________72 United 75 ask 24 1.35 brazilian leads Montreal stocks to higher level papers provide fireworks showing pronounced strength and Many Good gains made director despatch to the free Tress Montreal. Oct. Market on tuesday had its first real rally la Over week. There had been previous feeble recoveries but none of them held As did that of. Tuesday and these Olio live been most closely in step with the Market during the past two or three years would appear to have seen right once More in. Their opinion expressed on. Monday that the turn had arrived. These interests have regarded the recent decline which was so disturbing to Many people and so encouraging to the Bear element As nothing More than a corrective move ment in a Market favored on the constructive bide by Good business conditions and unparalleled Case and abundance of. Funds. As has been pointed out before the probability of such a corrective movement particularly in the Wall Street Market was foreseen several weeks ago by import Market interests and. Clients were urged to take at least a part of. Their 3ig paper profits while marginal requirements were made More stringent All of which went to strengthen the technical position of the local Market. As a result it is probably a fact that Hose who profited most Fri the dig i Lse which stocks had enjoyed this year up to two or three weeks ago. Lave been the smallest losers in. The recent corrective reaction trading was less Active than on monday. Doubtless some Short co Verng played a part in the total while bulls in Many instances preferred to wait until a definite trend is established before making new commit ments even at the expense of paying a few Points higher for their favorite stocks. For the first time in. Several Days net gains outnumbered net losses there having been 23 advances As against Only 14 recessions. Naturally 011 the Alt lib Spanish merger news the paper stocks Carne in for fresh attention while leaders of the upturn of. A month or so ago which suffered More or less severely in the decline showed smart recoveries. Brazilian. Traction proved the Leader in the recovery As it was in the re action. It furnished trading in. And recovered to 196, closing at 105 the Street pretty generally had regarded it As a forgone conclusion that brazilian would be one of the leaders in the recovery owing to impending character to shareholders of this great and unexploited Public Utility company. If the Short inter est is As substantial As it has been reported to be the shorts Are far from being covered even if every share bought today represented Short cover ing which it emphatically did not. There was realizing on the news in Abi Tibi and Spanish which found both of these stocks with net losses at the close of the official Day of the announcement of the merger of the two companies. Some people tried to read into the weakness of the two issues disappointment on the part of share holders at the terms proposed. This theory is hardly borne out by the amount of Selling however. Abi Tibi s total turnover being Only 815 shares while Spanish River advancing to the new High of 130 declining to and subsequent recovery to entailed a turnover of shares. The con census of opinion about the Street was that the Abi Tibi and Spanish directors have worked out a surprisingly equitable scheme and while there were rumours that there might be objections raised Fay Spanish preferred shareholders it is Felt in Well informed circles that when the time comes to Deal with the senior Security holders full Justice will be done and these holders will be glad to accept what the new administration will offer them. The real fireworks of the Day in the paper group came ii other issues than those affected by the news. Brompton advanced Points to the new High of f32 on a. Turnover of shares. Laurent de jumped four Points to 106 with shares traded in. Price Brothers was up 3% Points at 68% on. A turnover of 150 shares. Way Aga Mack jumped up to 95 and. I closed at on trading in shares Tho closing Price representing a net gain of Points while on the curb St. Lawrence paper was one of the Active leaders with a turnover at shares and the Strong spot with a net gain of ten Points at 55 after the new High of 99 had been established. While there remain some very interesting possibilities in the news print Field it would seem that there remains considerable water to go Over the dam before these possibilities can be cashed in on by investors and speculators. U it Dominion Bridge which gave Buch a Sterling account of itself during the made ready response to the better tone of the general Market advancing three Points to 283 with 285 bid and 286 asked As the Market closed. Nickel came in for some impressive buying it being the second most Active Issue of the Day wit i a turnover of shares. It staged an orderly re covery of 1% Points to closing at the High of the Day. National breweries was another Issue to show a Nice comeback Alt Hugli it had suffered less than some of the others in the decline. On a turnover of 3.360 shares it sold As High As 92 and closed at for a net gain of two Points. Vancouver stocks . To redeem Bonik to simplify Book keeping flu Call old . Issue following quickly on the Canadian Northern settlement conies another d which should prove acce Tab Fri interested in View of a journal published la Don. England which continues Rall who a to cent tonal lion of Trio Bonds til railway by next at is years Henre addition the that Date. The ofter i upon acceptance on or before Ber 1 by at least of per cent holders of. Bonds or such proportion of the total a. J. Cly Akk for some years Winnipeg Maninger of the Mcclary manufacturing company who Lias been appointed to the Board of directors of the new merger Corn puny general steel wares. Ltd. Of which the Mcclary company forms an important unit. To accept Farrell is favorite As new Leader new York oct. Of James a. Parr Ell president of the United states steel corporation As chairman of the Board in succession to Silbert h. Gary is predicted by b. C. Forbes in. The current Issue of Forbes Maga Zine. Directors took no it to any a meeting however. I Siuw but stain no is rather under u the current quotation is 97v. Percent the 1 offer a Small turn with the 1-older and should be accepted. The complicated bookkeeping incidental of the of the National rail ways and the grand trunk Junction railway company and the desire 10 j save the expense involved Are the Rea Sens i Ivan for redeeming the Bonds six years ahead of the due Date. To c National itself holds of the Bonds and the acquisition of i the balance in addition to the mraihi 1 of location of accounts will be one More step in the Complete merging of tit old grand trunk railway and its Allied undertakings and the Canadian a. Lonai Raik Vilys Olitah markets to build addition after one year of operation press despatch new York oct. Quiet electrolytic spot and futures great Northern s Prince of Wales hotel tin easy spot and nearby 58.50 be at Waterton lakes Alberta. Well Combe r 58.u7. Iron steady and tin known tourist resort is to been i changed. Lead quiet spot new Toft Large it is announced be-16.25 East St. Louis 5.05. Zinc ing the figure Given As the Cost of j East St. Louis spot and futures 5.90 the new buildings. To 5.05. Antimony spot 11.00. Osier Hammond morning close . A. To 30. Coast to 1600. Corp. Co 10. Douglas to 19. George to 265. To 1614. To 5. Indian to int. Coal to 27. To. To to 2. to 33. Marmot Nat. Silver to 223. Porter to 23vs. To 17. Ruth to 32. To 7. To 17. To 78. Toroc oils To British to to 13.1. Home to 205. Maple to 11. Winnipeg faces the Issue of Al widening streets for the roads Laid out in earlier years Are choked with a rising tide of traffic. The Cost of corrective methods strike far and wide and Many owners ordinarily indifferent and silent Are aroused to protest. The Issue nevertheless remains to be Over come. Streets must be widened and new streets built and the costs will have to be paid. One Way to meet such costs is to make capital in land productive. Management is As Neces sary today in City real estate As it is in operating a Railroad but despite this too much property is left to run in the end runs amuck. Why not test out the results that can come from trained management Many owners have made the Experiment and the results have More than justified their foresight. Oldfield. Kirby g Gardner building managers feat evaluators Mori in e 234 Pix Tab air. Telephone 31-371 established l88l James Richardson sons limited investment Bankers stocks Bonds Grain futures direct private wires supplying continuous Montreal and new York Stock quotations also Toronto mines. 367 main Street Winnipeg Telephone 24 831 private Branch Exchange 1927 Victory Bonds Dominion of Canada will be pleased to Cash Victory Bonds next month from now on at Par at our for the reinvestment of these funds we , an extensive list which we believe is worthy a r. We Cash interest coupons for any investor at p Royal financial corporation limited 402 electric railway phone 26 000 ;