Winnipeg Free Press

Winnipeg Free Press (Newspaper) - April 9, 1929, Winnipeg, Manitoba Free press Winnipeg tuesday april 9, 1929. 15 mjn1ng news a stocks save Standard Trade from inactivity i Juwell Home associated list inclines to softness Terr a despatch Noluo april n0t i Tel activity or the Western 0. L .1 i i. And Fields Gold Hill 5 Good Flash it Oraham Bosq. 18 Granada Rou. 18 Rover Daley. 3 Golconda _ _ 110 pen a Orvllle broke to 88.50 a loss f3cls b1e maw n Oil Adan new pea the ced to e s109.25 for the old Stock shares greater the mining inclined 13 softness. Oil sold from an. Opening of 39 its to a nigh of cents. 519.75. Devenish 3 produces 85 bbl. On Bailer present plan for controlling flow Churchill River 5 17 in ii 3 115 4% 17 17 Hilltop----------4vi Holllnger-------730 735 Gowty _-----130 134 Home Oil 2000 Hudson Bay -1875 1900 int. Nickel _4825 4825 Jack. Man Ion. 3 13 Kelley Kirlic. Bunion 1% Kirk Lake 112 Kirk. Premier 12 Kootenay poor. 16 Lake Shore Laval Quebec 6 jjalartlc._____53 Uander 155 Kan. Basin 50 it 17 a 3 115 4 735 131 1975 1900 3 105 4 125 123 1850 1875 4715 4775 13 13 40 40 in m in. 119 133 119 14 12 14 16 15 16 2630 2600 2630 1 my Lemd Oil _ 560 of engineers Complete Survey of 55 la Ronge Reindeer Lake watersheds j special despatch to the free press the Pas Man., april representing the Churchill Elver Power company hate just completed a Survey or the Lac la Bonge Reindeer Luke watersheds for the Pur pose of the possibility of controlling the flow of the Churchill River at Island Prills. Ruring the period of Low water which prevails m the Winter months there is the eventuality that the volume or water that Point might not be sufficient to guarantee the maximum of seventy four thousand horsepower which is expected to be developed. During the last six weeks water meter tests have been made of the .___1900 Mck. Darragh 22 mining 460 Mot. Hall n.__13 Murphy 21 new acc 33 275 Noranda ._____5300 North 60 Paw. Kirk. 31 Pend Orvllle 885 Picard 47 165 Pioneer _ Premier Rubago 2 v san Antonio 14 Irrett c. 875 Coe 70 Sudbury c. 7 3 a of 55 cents Oil men foresee extensive Dpi in the Btl d River connecting a Lac la Ronge with the Churchill a elopement in Skiff Field up 45 Centre i Petroleum up 4c 25 cents to s3, s 20 cats to s7.75. Roppold 40 cents to a weak undertone in cents to on slides. Bedford moved up 3 cents. Seits cents respectively. To s1.g5, with of .51.60. Buii-.u-. St advanced 1 i Amity Copper was a 2 pcs a higher it 38 cents Are a gain of 30 cents Lake Gold was up to Wright Hargreaves to . Sylvan let up 5 m f 1 Tio. Premier up n special despatch to the free Prein . April was Learned Here tonight that Devenish no. 3 Well in the Skiff Field produced 85 barrels of Oil a Day on the Bailer in a pro duct Tou test undertaken last week by the Imperial Oil company. On the pump the Well should make at least 250 barrels a Ciao with a potential increase if the Hole is carried deeper into the Sands. Oil men in this City Are al Lihwa with the showing made by the Well see extensive development in the Field. Whether the Well will be put on the pump is not known. Stocks Bonds Grain investment hankers members Winnipeg Grain Exchange Winnipeg Stock Exchange. Private wire connections with All the leading exchanges. Gage Evans. Spencer limited Birks building. 27? Portage ave. Winnipeg. Branch office 554 Grain Exchange Winnipeg. Phone 80391 private Exchange connecting All depts. And branches 53 160 00 530 58 1900 475 15 28 33 275 51 150 48 550 55 1900 22 455 13 28 31 275 51 Isi 49 580 58 1900 22 470 15 31 275 5300 5225 5240 60 60 co 3tt 3 a 850 850 2000 Isoo 8000 500 room 3000 1400 9boo 5800 300 1500 2500 1000 2000 1mo 1500 1000 4500 6300 8003 400 1000 30 1000 900 3000 1000 25000 1000 500 4900 47 170 trading in leading mining stocks furnished Liy sol Ion a m1iu co., Ltd., for week ended april 6, 1939 company Abana Conda Amulet area Barry Hollinger Bathurst Bedford St. Anthony Sudbury Basin 025 Sta Acona Sylvan let Teck Hughes _ 920 Thomp. Cadiz 21 Tough Oakes _ 3 i 14 375 71 7 500 35 950 10 .4 11 180 180 920 21 3v4 45 165 13 860 70 025 35 425 35 35 923 950 130 180 905 905 21 21 3 3 2000 170 703 2 la 500 13 3000 870 5400 70 i 10500 7 2000 500 400 Castle Trethewey Central Manitoba con Lagas. Dome Goldal Goldhill Hollinger Howey Hudson Bay .___.__. Jackson Manlon International Nickel Keely Kirkland Lake Kootenay Florence Lakeshore Towa Mac 210 215 210 215 tread. Yule-----1250 1250 1250 1250 ventures ____1060 1100 1050 1050 vlpond______108 107 105 Ioc Wain. Oil wind. Mourn 8 urls it car. _ 190 47 9 -.01 37 i 48 8 i 135 183 1003 1800 6501 400 1200 3000 2000 300 200 boo 2300 165500 3500 3100 in the Reindeer River which connects the Lake of that name to the Churchill. The result of these tests serves corroborate the expectation that it will be necessary to control the Waters by building dams at either or both Point to be let through at such times Asi the flow in the Churchill is insufficient to develop the maximum Load. The findings incline the engineers engaged in the work to favor the Reindeer area for immediate operations. 1 a dam at a Stowiak palls just be Low the settlement at Southend would raise the level of Reindeer four feet this for the present is expected to be ample for the purpose. Since this great body of water is about 153 Miles Long a third of that distance in Width at its widest Point it will be seen that it will prove an enormous storage. It is highly prob Able that More than a year would be required to Rise the Lake to the higher level. It is proposed to erect a pile dam with n Gate which can be raised in the period of Low water to permit the necessary increase of flow. Mclntyre Malar to mining corporation Mew Bec Nipissing Noranda Pawnee Kirkland _. Pend Pioneer Premier san Antonio Sherritt Gordon Sudbury Basin Sylvan it Teck Hughes Tough Oaks Tow Agamao Tredwell Yukon Vipond Wright Hargreaves Vancouver stocks us continuous recording of quotations sales up to Date Field prompt execution of orders Over our own wires. We invite you to make the fun lest use of this service. Specialists mining securities Miller court co., Ltd april Argent to to 7c. Big to Cork to 18c. Cotton to of. To 22c. To 50c. Georgia id 4-ic. George to 1.2h. To 50c. B. To so. con a b. Kootenay ice to 50c. To i a. 1. L. C to. To 18c. A cringe to Marmot River to 7 Mohawk a. Morion to a Nasonal to is. Noble to 73c. It Iid to 8.40. Porter to 53c. To 1.64. To elves to . Kuth to 42c. To Silv Ere a. Silver cup to 39c a. Slocan b. 27c a. A. Topley. To 33c. To 1.75. To 171-c. To 1.05. To Sec. To 19c. Oregon to 67 a. To 87 a. Vancouver oils to 8.75. . To 3 "5 to 5. 60. To 1.75. To 16c. Home 90 to 20.00. Illinois to .8j. To 5.1ju. To 5.go. To . To 1.75. To 3.20. To 1.55. Mcdougall scour n.--4.so o 500. Jmc Youga Segur Job. To 70r. To 3.40. To 11.25. Brazilian takes Lead in sluggish showed an increase commen sin ate with the growth shown in Janu Ury february of this year. The i i ii 11 i i i total sales for the first Quarter sex stocks move in highly irregular needed those of the corresponding 3 period a year ago by a Good manner in narrow Price Range Sharea issued 953.334 5.100.000 4.757.144 Par value 1.00 1.00 1.00 1.00 no 1.00 1.00 5.00 no 1.00. 1.00 5.00 1.00 no 1.00 no 1.00 1.00 .20 1.00 1.00 5.00 1.00 no 5.00 no 1.00 no 1.00 1.00 1.00 1.00 no 1.00 no 1.00 1.00 1.00 1.00 no rango1928 High .47 5.16 .49 1.50 .42 .59 .8154 1.93 5.50 13.45 .44 .39 13.20 1.91 22.50 1.03 40.00 .85 2.80 .47 27.50 Ata 29.00 1.85 3.50 5.n .69 4.95 74.00 .80 25.00 .68 3.50 .57 8.40 11.75 3.90 11.51 .82 .4.05 31.50 .99 6.25 Low .10 2.00 .12 j25 .16 .32 .55 .66 2.25 7.65 .15 .07 7.00 .60 19.30 .17 34.00 .36 1.05 .15 17.00 .31 19.00 .80 1.35 3.05 .33 2.50 17.00 .05 .51 2.14 .18 5.60 4.80 2.00 8.10 .07 2.10 8.10 .39 1.54 Range 1939 High Low .25 3.75 .20 .44 .73 .48 .80 2.25 11.00 .17 .09% 10.00 1.48 24.90 .40 75.00 .62 1.91 .30 27.50 .70 24.00 1.55 j.80 6.00 .47 3.90 70.00 .07 16.80 .67 2.35 9.85 13.25 2.60 13.25 .15 3.56 18.50 1.26 3.35 .11 1.50 .05 .25 .11 .47 .34 .38 1.15 845 .04% .04. 6.85 ,1.00 18.00 .05 41.00 .34 1.00 .13 18.75 .46 18.75 .50 .60 3.95 .28 2.75 46.75 .02 8.50 .32 1.60 .10 6.50 8.25 1.62 8.00 .03 1.75 11.00 .83 1.45 Range week High Low .14 ,13 1.70 1.60 .65 .35 .51 1.25 9.25 .07 3 .05 7.75 1.25 19.25 .13 50.00 .40 1.25 .18 26.50 .55 19.50 .57 2.60 -34vi 2.75 55.25 .0414 14.00 .47 1.70 .17 8.00 9.95 1.70 9.20 .05 Isioro 1.07 1.95 .29 .17 .59 .34 .48 1.15 8.75 .07 i .04 7.50 1.10 18.85 .10 47.25 .38 1.08 .15 23.50 .55 19.00 .52 1.20 4.60 .31 2.75 52.50 .0315 9.00 .44 1.60 .13 8.00 9.00 1.63 8.50 .03 13.00 .96 1.65 sales of week 1.500 36.000 200 8.000 Norcon Oil Over acres of valuable Oil lands on three different structures. Per share special despatch the free Pratss Montreal april week s open ing session on the local Stock Exchange was one of the dullest most uninteresting that has yet developed in the current period with trading on the lightest scale Lor a full session this year thus far. Stocks raved in a highly irregular manner within a narrow Price Range if there is no particular pressure to sell it is also apparent that demand in the present Market is exceedingly Light. Apprehension Over the credit situation in Wall Street continues to be the ruling Factor surrounding the markets generally until this has Given an indication of solution there is Little likelihood of any Broad Advance in secur Ity values. Traders Welcome Inar tidily. In Many ways this period of Dull Ness is welcomed by constructive interests. Who. While recognizing that it is almost entirely a creation of the Money Market see it in the Light of a corrective movement which not Only greatly improves the technical Posl Ion of the Market but also allows for n general readjustment of values age the company has opened Over ten stores this year to Date in Toron to other Points in Ontario in Montreal. Other constructive developments have been the removal of existing units to better business to in some cases to larger premises. Mount Royal hotel report mount Royal hotel co., Ltd., annual statement for the year ending Decem Ber 31, 1928, has gone Forward to shareholders. Gross business shows an improvement Over the returns of 1d27 of slightly Ever 11 per cent., operating expenses increased about 5 per cent., resulting in ail in cease in net earnings of 27 per cent Over 1927 before interest depreciation. Gross income amounted to operating expenses of 408 194 left from this was deducted for depreciation interest Bank discount amortization items income tax re nerve of leaving to be carried Forward to surplus account. Previous surplus after tax reductions totalled after s409. 542 was deducted dividend on Tho per cent preferred Stock there a chained s75.436 to be can led Forward into the next year. Current assets Are valued a 590 current liabilities at "89 leaving working capital it assets arc up due easy spot new York 7.25 East St. I week As shipping companies did not Louis 7.15 to 7.40. Zinc steady East anticipate such an Early opening. St. Louis spot futures 6.80. An Timony 9.62. Quicksilver 123.00. At London Standard Copper spot i futures. 10s. Electrolytic spot. Futures. Tin spot. 1225 futures 15s. Lead spot futures Zinc spot 17s 6d futures 15s. Buttons sewn on Small repairs free of charge. Suits dry service. Dry clean ing dyeing dial 89 654 s. Treasury special United news despatch to the free j press by free Preni private wire Washington. April neti balance on april 5 was customs receipts Lor the month to the 5th totalled which May have in Many of additional furnishings 1 not for in clip la Lull lie icy i eat n i. la 000 serial notes reduction 01 Urai. Look As Bright As Ever through sinking remains stringent a the annual meeting will is that plenty will be Avail Montreal on monday april 15. One too far in the protracted Bill Market. In reflecting actual conditions in the affairs of the companies which they represent underlying conditions look As Bright while it is Llakel. Able for Stock Market purposes when the credit situation is once More on a even keel. Nickel yields leadership. International Nickel for the first j time in Many weeks yielded its lion As Leader in activity to brazilian coming second in volume with 9.113 is arcs dealt in closing at 47% for a net loss of according to i advice trom Sudbury the company has i increased i eduction at its Creighton i mine in order to keep Pace with the i steady deman 1 for Nickel Copper. And it is further stated that recently tons were hoisted in 24 hours. 1a larger tonnage is also being of d equipment. Lon in Bor ratify Oil Deal c augury Deal whereby the stockmen oils limited. Is to be taken Over by the Turner Basin Oil com Pany was ratified at a meeting o the shareholders of stockmen oils. Sat urday. While the. Terms of the agree ment Between stockmen oils Turner Basin were not announced it was stated by an official of the Stock men company that they were favor Able to his company. St. Lawrence opening. Montreal april St. Lawrence River is now open from Montreal to Verch�res. And Only a few Miles of ice remains Between Vercheres Sorel. Tilts ice is rapidly breaking up it is flowing downstream past three hovers. The big movement started yesterday no jams were reported. Despite the fact that the River is Clear Norcon Oil being operated by a responsible directorate. Speculation of Merit at per share rowed capital by redemption of Erial notes reduction of first Toronto stocks trained at the Levack mine which of put from the cont Osier Hammond Kan ton april o. Open. High. Low. Close. A ill blog Mon react 35o " British Amer. Oil. A 49 1c2 f. M. Burt c7 Bank Commerce 350 Cement com can. Gypsum can. Vinegar conduits Cosmos Imperial distillers seas Nim. Uhi Dominion Bank 26o Dominion stores _ to 350 340 59 60 112 112 .111 21 21 h 21 21u 31 to Odd Muiir tire ----32a Ora at West saddlery 23 i Ilioram Walker------73 Imperial Imperial Oil 265 40. 335 261 43 325 Ston smelter. To Mike win suit. Was made today that Tooke Bros had won in the suit taken j ii i 105 against. Them by Van products Jii. For infringement of patents. It i int. 1 Otro Leum. U stated that business of the company 1 has shown a 54 90 111 i 19 261 4du 3j5 109 41 however this port will shipping of importance be without for Over a Canadian government annuities verite or Clep one for Dei Crip Tive Booklet today. Department of labor 712 commercial bldg., notre Dame ave. East. Telephone 23 607. D. E. Dobson representative. Mcdougall Cowans members of the Montreal Stock Exchange members of Montreal curb Market Stock brokers investments 311 fort Street Winnipeg great expansion of lat. No at the present time the operations Pac i Jersey 128 arc being conducted at 100 pc. Cent. Engravers 30 Tou " 5 to 321 31 52 12t.-1 128 Toronto mines j Abana Conda _ Amity a Pulst Apex Arno of capacity. Appointed president. At a meeting of the Board of dire.-. Tors of the title guarantee Trust i corporation held Here monday e. R. J Decary was appointed president Suc 1 i ceding the late sir Lomer Gouin n that position. Or. Decary has been open High Low sales continue As director general 180 180 155 no 13100 of the corporation which he was in 300 san mental in forming in november 6000 i92i, when he left the City Hall Here stoic Forlo Tik Maui news 4 42 360 Assoc. Of i Dass metals _ 350 Balzac Oil ___300 Baldwin 4 Barry Holl. 32 Bathurst----20 b .dgood____42 big 325 Boischatel ii 6 bunk. H. Sex. Leanna Kubwa 430 Cap. Rouyn 6 Man. 53 18 a Colum. Klerx. ----115 Crown . 3 Dalhousie Oil s35 dome------------925 Dun bin Gold. Falcon brldre.1090 Oran View 54 1314 13 45 42 38 35 168 161 4 42 425 350 300 4? 33 22 42 125 118 i 1 7 6 12 i 490 490 55" 51 18 18 3 37 350 350 300 4 20 80001 after having acted As chairman of the to 3500 administrative commission. Or. De 22500 j Cary is Well known in the financial 3300, world includes among his direct Maple Leaf milling co. Can 40500 j Adlan Bronze co. Canadian National 8500 railways Canadian Industrial alcohol 4l i "500 Ond paper Mills. 39 425 350 300 4vb 33 115 3 525 925 i 7 1100 1090 54 54 115 3 s75 925 118 15200 1 i 7500 493 6 55 18 1. 115 3 575 925 7 ,100 53 10000 200 2500 brazilian leads activity. Brazilian assumed the Active leadership of the quiet list with a turn Over of shares was also a firm spot Selling up to 60 Clos ing at 59 4 for a net pain of the Market position of the Stock must Sieve greatly improved in the past few months All the while the operations of the Utility show steady marked expansion As judged from the monthly earnings. Sales of Dominion stores Ltd. In Royal Bank _ 363 service station-----77 Standard chemical 44 Ettl of Canadas i Western can. Flour 31 40 54v. 40 53 45 54 i smelters _ 435 Metal markets associated press despatch i York. April Copper quiet. Spot futures. Norcon Oil May be obtained through Wood Dudley Hilliard Ltd. 305 Mcarthur building Winnipeg. Phone 87 227 or through any brokerage House in Winnipeg. Tenders for Coal sealed tenders addressed to the Purchas ing agent department of Public works of will be received at his office until 12 o clock noon Daylight wed Urit Dity May a for the Supply of Coal for tie Dominion buildings Experiment al Jarms stations throughout the prov inces of Manitoba. Saskatchewan Alberta British Columbia. Forms of tender Wotli conditions attached can to obtained from g. W. I Hlf purchasing a Jent department of nubile works Ottawa 31. E. Matthews District resident architect. We Iipp. Man. G. J. Step Tienson District Dent architect. Helna . Chus. 8011011.1. District a cordent architect. Calgary Alta j. G. Brown District resident architect. Victoria. B. C. Tenders will not be considered unless Naff on the above mentioned Foniri. The right to demand from the successful tenderer a Deposit not exceeding 10 per cent of the amount of the tender to Securi the proper fulfilment of the contract i reserved. By order s. E. O Brien department of Public Ottawa. April 5. Sec ret try. License granted Public notice is hereby Given that St. Boniface packing co., a corporation duly incorporated by certificate of in corporation pursuant to article two of the Stock corporation Law state of new York u.s.a., Lias been granted a License bearing Date the 21st Day or March . 1029. Authorizing the said company to carry on it3 business within the province of Manitoba ibid that the said company has appointed Giacinto Trossi of the City of St. Boniface us duly authorized Ativo Ney Lor the province of Manitoba. Dated at the office of the provincial Secretary of Manitoba this 3rd Day of March . 1929. D. G. Mckenzie. Provincial Secretary. Eastern dairies limited dividend notice notice is hereby Given that b quarterly dividend of one three quarters per cent. I Ive hag been declared on the preferred Stock of Eastern dairies limited. Payable the 15th Day of april. 1929, to shareholders of record the 31st Day o March 1929. By order of the Board. E. W. King dec retard. Montreal March 27th. 1029. Roberta oils Ltd. Offers drilling started As will As whom will you depend upon Why not appoint the Royal Trust company your executor or one of your executors it is proverbially careful painstaking in its Tami stration of estates i it is readily accessible to heirs at All times for consultation f it is promptness itself in the rendering of statements in the investment of funds i it is experienced in the intricacies of the settlement of succession of involved accounts partnerships personal business. If its decisions Are surrounded by so Many safeguards that the risk of loss through unwise or precipitate action is reduced to a minimum. It is so organized As to assure officers will maintain a personal in Terest in the of fairs of its clients. The Royal Trust head office Montreal Aby Hamilton Saint John Ottawa St. John s. Fld. Quebec Toronto trading in the leading mining stocks on Vancouver Exchange furnished by Solloi Vaj Mills co. Ltd., april 6, arrangements Are being Mado for the los tons of this Stock on the Exchange. I Bay Lew. I b. C. Silver i big Missouri i Cork province i Dunwell 84.c.ooo Duthie mines shares issued 2.705.000 1.500.000 Grandview Home Oil Independence Indian mines int Coal Coke 3.000.000 l. And l 1.boo.ooo Jin 3.000.000 National Silver Porter Idaho Bic Limond Rufus Argenta. _.-. Ruth Hope Silverado is sufi Oulu Del _ non. Fit terminus _ Torio mines Whitewater 2.300.000 o Nurt no Woodbine or. Hig 80.07 2.30 .321 .20 .75 12.00 1.48 .93 26.50 .15 .08% .08% .05 b .26v .11 .27 .82 .05 .57 .70 1.45 .14 .18 .19 4.50 .15 .62 2.5s 1.50 .20 w Range week Low High Low i Nguc 1929 his .14 .40 4.30 .81 .48 3.15 .33 .03 i .01 .01% .05 .15 .53 .02 .25 .44 .75 .07 .09 2.25 .10. .34 1.00 1.00 .02 .06 1.55 .20 id .43 7.00 .05. I 1.35 .19 .19 .40 6.50 1.21 1.10 .65 .53 18.25 18.00 ,08 .32v4 .21 .20 .06 .05 i .17 .53 .53 on Sqq 148 46 .75 .75 .10 .08-fi Turner Valley 80 acres these leases Are mostly in the Southern end of this productive Field one being Only Miles irom Home of Tho largest producers in the Field. Another is surrounded by four companies preparing to Drill which will prove the value of this property. Jumping Pound 8o acres Oil operators with ample Capi Tal Are planning to Drill in this Field this Spring on the strength of geological surveys. Roberta oils leases arc considered Amone the choicest on this Structure will Benefit from the exploration under Way. 1 Moose Mountain 40 acres these holding s Are located close to properties now Beins explored where Oil indications have been encountered. This property is regarded As promising by the company s geologists May prove of great value. Highwood 12o acres situated close to Warner oils now drilling already 100 it. Down in Dakotas adjacent to others who have started an extensive drilling program nein the old Calgary Alberta Well. Started in 1914 finding Oil at 200 it holdings arc expected to prove of immense value. At per share for fall particulars application for Stock apply to the following brokers Winnipeg mining brokers Ltd. 342 Garry St. .38 .17 .06 1.05 .17 Canadian investment brokers 704 Standard Bank bldg. Phone 26 072. Elliott Little Dowdell Ltd., 206 notre Dame ave. Phone 86842. Winnipeg Wyman Ellis 206 Paris bldg. Phone 27127. Phone 24 864 Geo. H. Hood co., 25 Syndicate bldg. Phona 89 953. Malden elevator co., Ltd 141 Grain Exchange. Phone 27 307 ;