Winnipeg Free Press

Winnipeg Free Press (Newspaper) - August 8, 1929, Winnipeg, Manitoba 18 wednesday Manitoba 4 bbb press Winnipeg thursday August criticize Export open. Oct. Deo. May oct. Dec. New oct. New dec. Oct. Dec. Act. Dec. May May sept. Dec., Market was up 2 to 3 cents most of session but lost some ground near close Grain Exchange Winnipeg aug. 7. Wheat steadied up wednesday morn ing after the slump of the previous Day for the greater part of the morning held gains ranging from 2 to a finally closing 1 to higher for the Day. Spreading operations accounted for the bulk of the pit Trade in this connection there was some excellent sept buying of Winnipeg May wheat against sales or Chicago May largely by local interests. Other spreading saw the May cecum bar futures being bought against sales of May shippers sept. Terminal interests buying the october dec. Against sales of december. Trade vol mar. Ume was much lighter than tuesday s but the Market had Many Active to Oats ments nevertheless. Sept tuesday s shake out left the pc technically stronger while there was a Little More liquidation in the of the morning All offerings were easily absorbed the Market was Able to hold its ground until the final minutes when Selling became More Liberal. J weather conditions in Western can Ada were no More favourable in the i past 24 hours. A few scattered showers Tell in the Prairie provinces but they not heavy enough to be of much value to growing crops. Temperatures were about Normal with a maximums running in the seventies Over the greater part of the wheat territory. Reports from Australia indicated that week end Rains there had been insufficient. And similar conditions were reported from Argentina where the situation is approaching the critical stage. Export business in United states Winter wheat was confirmed new York advices indicated n better inquiry for Canadian heat but Large holders not offering any for Sale. Liverpool did not confirm any buying of foreign i wheat but the firmness of the closing cables was taken to indicate a broader demand. Liverpool wheat closed lower but in View of the Sharp break in Winnipeg prices tues Day this decline was negligible. Cash wheat Munct demand for the various grades of Cash what during the morning was somewhat better with the exception of no. 6 wheat which traded about in better spreads generally were from the previous closing differences. Offerings were extremely Light firmly held As Large holders Are not interested in spreads at pre Levels. Direct Export business could be confirmed done overnight Tut it is reported that Seaboard interests did a Small business in the various grades from no. 3 Northern Down to no. 6 wheat. Wheat delivered by Farmers to noun try elevators tuesday totalled compared with bushels on the same Day last year. Coarse grains trading in Cash coarse grains Dur ing the morning was Dull featureless practically no business of account was done in any of the various commodities in the course of the session. Pit Trade in All grains very slow futures prices generally were bid up in sympathy with wheat. Oat values advanced about Ivic Over the previous Cloie while bar Ley prices generally were 2c higher. Flax futures values at one period were almost go better. Rye prices neat the close of the session were More than 4c higher. Weather forecast except for a few local showers in Saskatchewan Manitoba the weather has seen fair throughout the West with about Normal temperatures. Provinces fair moderately warm today thurs Day. 1 Fri 155 67 70% 82% 31% 273% 264 115% 117 High. 157% 154% 159% Low. 155 Winnipeg. Aug. 7. Close Prev. Close. Last year. 82% 265 a 118 68% 67 70% 82% 81% 115% 116 165% 1 152% 60% 67 i b 83 i b 82 a a 83 a 81 via 272 122a. 151b 155% 68% 66 a 60 i a 82 80 a b Soa 270b 261v4 113% 119 via 115 120 45% 43 i 4714 69% 18414 183 american open. 142 14314 14414 146 149% 150 Chicago High. 149 152% 98 i 99v4 102 Ficq a 58 55 i ii 54 yesterday s Sellers advances followed with the close about sys higher than last night. Liverpool closed 1% to 2% lower. Broomhall reports continued dry weather in Argentine Australia our own private cables confirm the former. Cash continued to show in 70 a 68 vib 368 i 13-Lvi ids i 102 i 99 i 84 a 114 i 80 75 69 67 2g2 233 235- 110% 105% 130% Chicago August 7. Sept. Dec. Open. High. Low. Close. Prev. 1200 1202 1200 1202 3200 1225 heifers included in the run eligible around the 59 Mark but most of the useful kinds found outlet from s8 to 158.50, with Plain fair grades Selling none too freely within a spread of to Good Butcher cows were in demand on a firm level sold from to the Plain in Between variety of killing cows Selling about steady within Range of to canners cutters showed a Little strength Wethi the bulk ranging from to 54.75, but there was no undue activity in evidence for bulls while a few made from to the by. And nothing Book bulk changed hands under a moderate de to arrive from the country. The inquiry from 55.25 to weather map showed some scattered Rains West Sori Thweat the excessive heat wave in the Southwest has apparently been broken. We believe this suggests the buying Side at pres ent Levels. 1 to Active Trade an undercurrent of strength most of the Day. Cash was in dependent strength both Here Southwest. The Seaboard fails to con firm any Large Export business but the decline of yesterday resulted in Liberal sales abroad. The action of taif Market today was More natural after liquidation induced by an Over bought Market. We believe the warrants higher prices. Followed much the same course As wheat finishing 2ys to cents higher. September was independently Strong on Short covering gained on the december Cash was in continued Good demand the basis to in higher with local shipping while a further 28 cars Are in sight for arrival during the night Early to reported up to 3 August 7, 1929 Butcher steers 850. 10.50 940. 940. 960. 960. 10.25 10.00 10.c3 9.50 9.00 Butcher heifers 930. 9.00 930. 890. 9.00 900. 900. 8.75 92.0. 8.50 850. 890. 8.25 860. 920. 8.00 Butcher cows canners Cotters 7.25 7.23 7.00 6.75 6.50 6.25 6.00 960. 5.75 910. 9.00 8.75 8.50 8.50 8.00 7.50 jobbers to retailers Manitoba Leal lettuce per dozes Bunches Texas new cabbage per in. Manitoba new beets per in. California per in. Carrots per in. Manitoba turnips per. In. Manitoba rhubarb per to. Manitoba Green onions per Doz. Manitoba peas per in. Manitoba Beans per in. Flour .20 .04 a .03 .04vu .04 a .0.1 .20 .04 .12 wholesale prices smell lots delivered to real cars Quaker 98-lb. Sacks to 49-lb. Sacks four 24-lb. Sacks Price Home Oil off 25c, closed at s23.50 East Crest chemical dec search each dropped 15c, the former closing at s2.60 the latter Waim vell the most Active ii trading opened at 33c at 32c, los ing 2 Points Dalhousie Oil dropped do at s3.75, Southwest Petroleum associated Gas Oil each moved Down 10 Points closing at 55 34 respectively. Financial news in Brief Lake of the roses two 49-lb. Sacks 24-lb. Sacks Canada _ 5.30 _ -s5.20 _ 5.30 _ 5.35 Morrow morning. Demand on she cattle Market for 690. 680. 760. 570. 620. 640. Stocker steers most classes grades proved of reasonably Broad Trad ing in general developed a fair amount of activity with a Good clean up being experienced on practically everything with a number of late arrivals included in the Day s receipts which were held off the Market actual supplies were not Large As sequence buyers were fairly keen resulting in prices ruling generally on a steady to firm basis. In the Butcher division there was some inquiry for Good steers but un-1 fortunately the Supply was very Llumi i 8-50 Ted Only a Small quota of killing1 8.25 steers were Good enough to make from 320. 8.00 610 to the general run Chang 800. 8.00 ing hands from to with some 7.75 Plain steers Selling bulls 5.50 8.25 6.00 5.75" 940. 6.50 6.00 5.50 5.25 5.00 4.75 4.50 4.25 4.00 3.75 5.85 5.50 5.50 5.25 8.25 680. 7.00 8.00 610. 7.75 6.50 7.75 6.00 7.50 -5.50 7.25 560.5.00 Stock heifers 620. 6.75 570. 6.00 560.1. 6.60 530. 5.75 590. 6.50 580. 520. 6.25 feeder steers two 49-lb. Sacks pour 24-lb. Sacks Olivio Royal 98-lb. Sacks two 49-ib. Sacks pour 24-lb. Sacks Maple Lent. 03-lb. Sacks two 49-lb. Sacks four 24-lb. Sack Many new settlers. Edmonton total of settlers have gone into the peace Elver country thus far this year from Janu Ary i to july 31, according to figures issued by Neil s. Maguyre of the . Colonization department. These settlers have taken with them an average of nearly capital per head. Per 80 ibs. Bulled Oati will tour my nth area. Reglin Regina saturday night. August 10, the special train chartered by the Regina Board of Trade will visit the Pas flan flon 5.25 area Cranberry Portage Hudson Bay Junction Prince Albert National Park returning through Saskatoon. Tenta Tive arrangements have been made for members of the boards of Trade of Yorkton icam sack Canora to join delivered in car lots net Cash . Saskatchewan -s28.00 _ 29.00 bran Prfu ton shorts per ton bran shorts per ton bran per ton shorts per ton ---------------------------30.00 Small lets sex country elevator warehouses per shorts per ton Manitoba. Bran per ton. Shorts per ton bran per ton _ shorts per ton Saskatchewan Alberta -s3q.oo _ 31.00 _ 32.00 spot Hay press prices for Well cured Hay Good it Date of issues ant quoted by two 57.50. There were downward from a few Butcher 210. Trading for the most part developed quite a Little activity Andall useful grades were readily absorbed at Strong prices. Buyers took on Good grades of feeder steers costing from s7.75 absorbed desirable. Light weight stockers which were not Rover plentiful from to 58.25, the. Bal Ance of the decent stockers being Sale. Able from to with plainer Mavi higher shipping sales of trial going downward from we continue to stress the fact that Oats the calf Market maintained a fairly Are Selling below their rightful relative firm tone with the Best grades realize Follett de Corn closing higher. There was a fairly excellent demand with the basis to in the Stocker feeder division level As compared with other cereals. At thj3 la Canadian press despatch reliable service assured 745 Grain Exchange pm. 29 146 fort William. Out. Aug. 7. Three cleared with Grain from the port of fort William port Arthur today All bound for Montreal carrying 168. 000 bushels altogether. Five vessels Are loading Grain waiting orders one is Enro Ute Light for Grain. Two Coal boats Are in port three Enro Ute. Following is today s report on vessel movements Montreal wheat Selkirk. Pin Ebay Montreal wheat Oats Goderich Allouez Light Assoni. Boia. Port Mcnicoll moronic Sarnia passengers freight. In Cal Adoc Dos ing from 911 to the common to medium kinds from 55 to on the hog trading was decidedly unsettled prices. Showed a fairly substantial downturn from the close of tuesday selects Bacons going mostly at. 313.50 thick smooths shops at s13. Light weight feeders made from Sll to with the bulk of sows earning from. To there being a few Light feeder sows eligible at a higher figure. The Lamb Market worked sharply stronger under Light the bulk of Good Ewe wether lambs to demand up to Plain fair lambs went from to s12, Bucks from to while the few 200. 12.00 870. 850. 870. 85q. 890. Calves 13.00 r dealers j. Timothy 5.00 no. 2 Timothy i note. 7.501 h 1 i members of the Trade if0-. 6.00 to demand Lor lower grades being no Hay Exchange. A Winnipeg the train Early sunday morning August 11. Establish new posts. Ottawa ont. Interest in the Mineral possibilities of Canada s North land continues to increase number of new stations have been established by companies devoted to this Industry. Three new posts have been founded near the Arctic Circle by Dominion explorers ltd., at Bathurst Copper. Mine River fort re Liance. 190. 11.00 170. 10.00 270. 8.00 7.00 190. 220. 6.00. .50 300. 5.00 Lames 90. 13.75 13.00 80. 13.75 69. 12.00 75. 13.75 80. 10.00 80. 13.50 Buck lambs 85. 11.75 60. 9.75 90. 11.00 sheep 6.50 160. 5.00 150. 6.00 120. 4.00. Select Bacons 21 10 5 6 salted hides . Wool unwashed per cording to Quality Seneca Root per report on july .07 to .50 to to .75 tourist traffic increases. Vancouver by customs officials for the six months of 1929 show an increase of tourist cars entering Canada from United states Over the same period last year according to figures issued at a meeting of the Vancouver pub j licit Bureau last week. The increased number of cars entering the province i represented an increase of More than j passe ing period. Able to the shareholders tuesday deals with the fiscal year ended june 30. Profits for the past year Are reported As As compared with for the year ended june 30, 1928. Record production figures in the automotive Industry Are reflected in the operations of the company in Tho past twelve Mouths. During the same period considerable expansion re Novation of the various plants have been completed or nearly completed substantial extensions to the Plant of the Dowsley Spring Axle works in Chatham auth mussed in March of 1 serve was had been added for new work which Lias been completed that which 15 stil in repress. This compares with a figure of reported at the close of june 192s the liquid resources of he Compaq Thow a slight decline from the co. Responding period one year ago. Amount to end include Cash s62.993 Bills receivable accounts receivable invent ories pension fund sinking fund assets. Sets 408. The liquid assets in the report presented one year Aso were the current of the on Tario steel products total its reserves of the company Row stand a which include far bad debts for general repairs. Spring guarantee inventories depreciation v pension funds 884.737. Dividend notice Bawlf Grain company limited. Dividend no 5. A quarterly Divi Domi on prefer. Red Stock at the rate of fix one i half per cent per has declared by tie directors payable on the first of Sepreni Ber 1929, to shareholders of record As at the fifteenth Day of August 1920. Winnipeg Man., William Pope Secretary. Tenders lenders of the uni Jet. Signed wiil be received up i 5 o clock on monday. 10th August for addition i alterations to Telephone build lib. Brandon Man. A certified Cheque equal to rive Joti cent of the amount of under to the Manitoba Telephone system Anil accompany each tender. The lowest or any tender not accepted. Plans specifications Rony be of tatti from Alex. Melville architect St Ichii Trust building. J. E. Lowry commissioner Manitoba Telephone system Winnipeg. Man. Notice in the matter of lie estate of Anni Janetta Guyton late of Hie cily it win. Nip car in the province at Manitoba tie All claims at list the above estate Dol verified by statutory declaration must by sent to the Western Trust company cof tutors of the said 1002 Cartton building. Winnipeg. Manitou a on or is Ort the fifteenth 15 Day of september . 1923 dated at Winnipeg in the province i Day of july . 19it. Herbert Adamson. This year will be completed in october. Manitoba these Are the Only Extension opera i Trust company. Tons which remain to be to nov operating Tiu-1 Canadian Pacific railway Central Spring company at Oshawa j the Dowsley Spring Axle company limited at Chatham the Gananoque Spring Axle company limited at Gananoque ont., the d. F. Jones tenders tenders manufacturing company limited also j at Gananoque during the past year waste Wood Burnini be received Una j 12 Nova far the erection of t the first mortgage Bonds it the com Pany were retired to the extent of leaving outstanding at june 30 of this year. The fixed assets of the company show a considerable appreciation Over House Weston shops plans specifications May. Be at room 305, . Station. Lowest or any tender tic ;