Winnipeg Free Press

Winnipeg Free Press (Newspaper) - August 6, 1929, Winnipeg, Manitoba 14 Manitoba. Ikee Jet fess Winnipeg 6, Canadian building1 activity shows a substantial increase Dur ing the first seven months of 1929. Trade and Commerce mines and the Money markets Oil production in Turner Val Ley for july totals 91.-840 barrels Only 282 barrels less than the june record. P. O. Shattuck and United St hts steel closed 2 to 6 Points lower. Case threshing dropped 8 Points. Total sales. 3.861 .440 shares. Credit utilities Are strongest. Traders but lose bulk of Early gains associated precis despatch stocks 367 main Street established 1857. Bonds Grain Winnipeg. Phone 24 831 Abi Tibi _ Asbestos com. As Basios pad. Ali. Pac. Grain. Beil Telephone b. C. Power a Brit. Am. Of Brompton building Canada brewing Canada Bronze can. Car com. Can. Car cull. com. Can. Cement pad. Can. P. A. Can. Ind. Alcohol _ can. Steamships _. Can. Steam i d. _ Cockshut plow Dom. Bridge Dom. Glass Dom. Textile famous players Fraser int. Nickel int. Petroleum Imperial Oil Luke of Woods Massey Harris com. Vic Coll front. Montreal to 4 or matl. Breweries National steel car. fencer Lytic Price Bros 73 .125 35 05 180 45 51 44 34 19% 73 125 150 20 97 35 3-11 93 33. 33 33 ill 109% _ 209% 209 _ 94 94, 66 53 54 53 52% 53 51% july notes special dispatch to the free press Montreal que., aug. Action of brazilian in extending. Its recovery under the impetus of an unusually heavy demand was the Over shadowing feature in monday s trading on the local Exchange the remainder of the list pursuing a somewhat mixed Price course in response to the action of the Market in Wall Street where a Rise in the Call Money rate brought in. Its Wake a quite wide spread volume of Selling that reduced i earlier advances in Many sections of the list. Sentiment surrounding the Market shows no change from the generally optimistic feeling of recent times while credit conditions so far As the Stock Market is concerned Here cannot fail but be eased in the sense that a greatly increased buying Power results by so substantial a recovery in brazilian Stock that enjoys a Market following As extensive As almost any Stock Oil the Canadian Board. Mas scr ii urls recovers Massey Harris made a further Extension of its recovery of last week closing 2j4 Points higher at be cause the operations the company Are so world wide which renders it to total is greater by 51 per than same month in 1928 33 209 94 g4% 53 52 Power Quebec Power so. Can. Per. Shawm Lgan smelters steel of can. Com steel of can. Pad. Wayng Amack mpg. Com. 29 60 57 42 120 140 83 02 620 23 109 118 88 41 95 395 i 29 a so 59 59 i 57i s 56% 56% 4212 41 i 120 Lisle 120 140 140 140 83 80 80 23 i 23 110 109 109% 113% 1171i 30 89 As a 95 04% 395 395 395 65 02% a considerable extent immune from crop failures in any one Section Many followers of the Stock feel that the decline based on the Adverse crop in. The Canadian West was overdone. The Stock pays an annual dividend of 83 per share which at current Levels returns a Good yield particularly in the Light of the com Pany s prospects Over a Broad period. Hydro electric lit demand publication of a dispatch from new York indicating How successful Hydro electric had been in its investments in Public Utility shares was followed by a further heavy wave of buying of shares on the curb Market Here. The Stock was. By far the most Active on that with 11.310 shares dealt a and sold up to the now High of 82, with the close at 80, representing a net Advance of 2 Points. Price Bros. Strong Price Bros was again a particularly Strong feature in a comparatively Small turnover of shares that Issue Selling up to the new High o 110-and a losing at 109 % for a net Advance of 7% Points. The sensational Advance of aluminium of America Stock 500 in recent Days has attracted creased attention Imp Price which owns shares of that Stock with a. Anaconia Market value monday of nearly 20 lcn.1. Millions. Price also owns a tall Block of aluminium of and a financier recently in comment ing on Price and its investment accounts carried at so conservative a figure on its books suggested that the company was More of an investment Trust than a paper company. Is Centre of interest. Brazilian was again the Centre of the trading picture in monday s Market following up last week s recovery with another robust Advance under the impetus of a huge wave of buying. The very marked expansion of volume on the local Exchange was almost entirely accounted for.-. By this Stock which led in activity with a turnover of shares which was Over half of the entire volume. The Price moved up to the new Leigh for the move of 68-n, the Best Ovel since Early in March and closed at g7% for a net Advance of 2% Points on the dry. This Issue sold As High As 81-a in january of this year and in the break got Clown to the Low of 48. At the Low it was Oft 33 Points from the year s Best while today s High Price represented a recovery of 20 Points. Building statistics covering the. First seven months of the present year re veal the fact that construction in Canada is running ahead of the same Pei Lod in 1928 by about 1 per cent. The july total was greater than for any previous july exceeding that of july 1928, by 51 per cent according to the Mclean building review. By classifications the july contracts appear As follows business buildings show or 42 per cent engineering or 30.4 per cent residential or 19.8 per cent and Industrial or 7.2 Reo St Debaker Stewart Warner Tim Hen while a Clow truck 23 is 77 i 70 101% 102.% 70 i 681. 31 Abi Elbl _______________50 vib _ a. M. Eyers________133 a 13314 132 am can. Am. Int. C. 75-yw am. Am. La am. F. 141 at. G.s.5 Allis Chalmers am. Ii. F. Armour a Armour am. S. R. Anto Saleo Bruns. Balke Natl. Biscuit Beech nut plug. Brown Boveri Best ;