Winnipeg Free Press

Winnipeg Free Press (Newspaper) - August 14, 1929, Winnipeg, Manitoba Mining and business Hudson Bay is Strong spot on Standard list advances 35 Points to shares forge i moves up de at Bwana dropped 10 Points to and fend Orvllle closed at 86.50 for a net of 25c. While precious Metal stocks were not Active in the Day s trading prices were steady. Hollinger closed at 1 have linked the name of Imperial Oil repeatedly with this possibility and just As often have officials of the com Pany disclaimed any such intention. The other consideration is the establishment of research laboratories on the Field with a View to finding just what chemicals May be derived from All components of Turner Valley Wells. The Canadian Pacific railway in the August Issue of a monthly analysis on the Industrial Progress in Canada has a decline of 10 Points and Mac asset the following to give 011 this subject dropped 3c to 17c. Kirkland Lake the first promo Salon investigated by moved up 2c to 87c. Kirkland and the government More than a year ago Canadian press despatch Toronto. Aug. Shares forged to the to take the leading place from the stocks in today s trading on the Standard Stock and mining Exchange. Ajax Oil was the most prominent in the trading and Price movement. It opened at made a High of s3 and closed at s2.98 Lor a gain of 23 Points for the Day. In the better class stocks Price changes had a fairly Large Range but striking reaction. International Nickel lost some of its strength on the Day before closing at 552.10, off 90. Noranda. On the other hand advanced 5c to close at s62.75, while Hudson Bay advanced 35c to Lake Premier Gold each advanced 5 a tots to close at Loc and 81.82, respectively. Admiral oils opened at touched a Low of but strengthened to close at a total loss of 30c. Low Ery Petroleum and Foothills each dropped 25c. The former closing at 53.25" and the latter at Calgary and Edmonton declined 45c to s8.25 Dalhousie off do to 53.66 Southwest i Petroleum lost 15c at s4.25 Baltic off be to 52.07, and Wal Well at 29c Wai off 2 Points. Alberta Pacific moved and up 15c at and East Crest Vinced 10 Points to chemical possibilities of Turner Valley Gas suggest establishment of research laboratories to study problem special despatch to the free Tress Toronto out. Aug. 12. Much has been written since Turner Valley first opened at s15.75 and closed i great potential assets on the utilize s15.95. Showing a loss of 5s. Jolon of natural Guys which is daily Eoy Alite Oil in a 12-share Trade closed was the possibility of the manufacture of Carbon Black. Tills scheme was be ing developed along fairly Safe lines when added Gas production in the United states sent Price Down and it was deemed unwise to continue with this plan it that Tom. A Short time after tills new york1 capitalists made representations to the Dominion government for permission to Lay a pipe line from Turner Valley and pipe Gas through Saskatchewan and Manitoba cities and towns As far East As Winnipeg. Just when this venture looked As of it might be car ried through to completion Gas in Large quantities was struck in the Cypress country and with the base of Supply nearly 200 Miles farther East than Turner Valley this scheme was abandoned. There is however Dis Tinct possibility of a similar scheme being carried through from the More Easterly Gas Field it being announced that Canadian and new York capital is interested in a scheme. It will probably take to finance to pipe Gas from Alberta to Winnipeg serving also other Western Canadian centers. Vancouver stocks up is at s150 Imperial Oil dropped 25c to close at -529, and Home Oil was o to 75c at s23.75. Amulet dropped off in sales to about with the Price dropping 3 Points to 82.70. Also in a Selling move ment around 70.000. Dropped to while Newbeck in which trading came close to shares was off i in at 46c. Towage Mac dropped is to s1.85 Abana in Good trading dropped 12c to s1.90 big Missouri off 2c at s1.56 Mandy mines declined 5 Points to 64c, blown Sci the winds in quantities of millions of cubic feet. Recently this has been occupying the serious Atten Tion of the Dominion and Alberta governments and Southern Alberta cities. Schemes have been advanced without number Only to fall by the i Wayside because of the economical Absurdity of such in undertaking. Two of the most seriously propounded projects for this waste Gas situation Are expected to be dealt with fully. The one considered most feasible is the piping of the Gas to centres of popu lation throughout the province first and Cohun Aric off a like amount Clos by. Edmonton and Winnipeg. Writers Tifi Titi property investments deserve i expert management profitably operated commercial proper ties in All cities Are almost invariably those which Are in the hands of firms whose business it is to manage and develop property. The amount of Money involved in the average invest ment is too Large to permit you to handle it As a Side Issue. The right management co ordinates with its supervision a keen aliveness to your property s development possibilities secures year after year the maximum Revenue from it. Professional management pays Oldfield. Kirby 8 Gardner. Building managers real tors a evaluators Mori Gage Bond stokers Fife life e casualty insurance por Tage ave. Telephone 11-371 established jl88l is your Money working for you keep abreast of developments Wilh spectacular development of Oil Fields and mines throughout the Dominion canadians Are Awakening to the potentialities of the country s vast natural resources. Millions of dollars have been taken from the mines during the last few years and now investors Are getting returns from Oil Wells. There Are Many opportunities for sound in vestment in mining and Oil companies today. Our Stock and Bond report will assist you in placing your Money to Best advantage. Have us Send you this report free. Miller court co. Ltd. Investments branches London eng. Toronto Winnipeg Regina Calgary Nelson Victoria and Seattle Wash. Members Vancouver Victoria. Calgary Winnipeg Standard Seattle and Standard Spokane Stock exchanges. Winnipeg office ground floor Lindsay bldg. Telephone 80 331 private Branch Exchange. Head office Stock Exchange bldg., Vancouver b.c., can Miller court co., Ltd aug. 13. To 28 to 3 to big to 150. .4 to 10. Cork to l. Cotton Georgia to 35. George to 725. To an. 41l.i, to International Coal to 38. Kootenay to 17. Kootenay to 40, Lucky Marmot Marmot River to 4. Morton 5. Morton to 20 National to 14. Noble to 62. Oregon to 21. Pend g50, Pioneer Porter to 185. Reeves to 183 Ruth to 38. To 6. To 25. To 10. Ciocan to to 230. Topley to 25. To to c. A e. To 825. Vancouver oils Advance a. P. To -m6. To 516. 373 to 380. To -13. To 14. To 150. Koine to 2370. Illinois to 475. To 985. British to .105. To 120. To 170. Mcdougal Segur. To Mcdougal scour. To 45 j to 135. Mil to 000, new in Iso. Sterling to 20.1. To 122. To 270 to 300. To 00. Ottalia. To 320. A Kuisis c to corp. And Home decline on coast Market Mill City gains 75 Points on possibility of renewal of Nego tons with Home spezia to the free press Vancouver b.c., aug. Home Oil proved the feature on the Vancouver Exchange today following a report from Winnipeg that a hitch had developed in the merger negotiations with the c. And e. Corporation. The Stock was Strong in the Early session but in the afternoon came a report from the conference at Winnipeg that c. And e. Was asking better terms from Home and the result was drop on Home to a close at 23.bo, a net loss of 40 Points. C. And e. Suffered a loss of 40 Points from an opening at 8.50 to a Low at 8.10, with the close at 8.20. Mill City after trading at 8.00 even during the Forenoon suddenly came to life in the j.-1-, 192y 17 Power has been developed says can adian1 Industrial Progress issued by the Canadian Pacific railway. In que 95 per cent of Power used in mining is water Power and in Ontario of the 20 Active divisions of production Only four Are not energized by Hydro Power. Water Power is also being extensively developed for the purpose in British Columbia and actively in the Prairie provinces. The principal uses of Power in the Mineral Industry Are in the extraction of Ore and. In. Crush ing smelting and finishing. In the metals from to 2 a horse Power per ton is required. In Coal mining electric Power is replacing steam. Where steam Power. Is used 10 per cent of the Coal is required for that purpose. 4 it Trade of Ca Nada shows total Canadian exports of electrical Energy in .1928 at . With a value of All going to the United states with the exception of . With a value of going to Alaska. Both Ontario and Quebec Are opposed to the making of further contracts for the exportation of Power from these provinces to the United state the Quebec government in fact having adopted a prohibition of the Export Power policy. Contracts in Force were made some time ago and cannot be cancelled. The Stock Market situation is such As to justify investors making commit ments in a jew selected Issue s and in holding the better Grade of securities previously acquired in the opinion of afternoon and sold at 8.75 even a net i the Brookmire economic service inc. Joints the Rise being sex the Market is now sustained by extra the possibility of a break Ordinary business and earnings reports Gai i of 75 Olal Ned by the _ on the part of Home with c. And e. Land in spite of the slim Supply of funds and a rental of negotiation Between temporarily available for Loans on col Home and Mill. City j lateral. In the general business Situ East Crest. Gained 15 to 2.65. Me at Lou. No news seems to be Good news. We mean that activity continues at a High level with motor and building holding up exceedingly bet Ter the was expected by Many fore casters. The seasonal increase in activity is shown by some expansion in commercial Loans and the Federal re serve system has shown some inclination to ease the situation by buying acceptances. Apparently the volume of Loans on stocks and Bonds is still regarded As excess of by the Reserve authorities raid funds for Stock Market had to come largely sources. Accordingly big Missouri was it from 2.54 to 1.58. I while Money rates May ease off some what this week the is that on margin will have to be car Dougall exploration was up 25 Points to 4.00 even with the Board showing 4.25 bid and 4.50 asked a the close. Freehold was up 5 to 1.75, while hartal held unchanged at 1.70. United new advanced 2 Points to 1.22, while Sterl ing was tip an equal amount to 2.04. A. P. Con. Held within a Range of 4.29 and 4.48 with the close at 4.45. Down 3 in sympathy with the drop in Home. In the mining Section. Oreille sold at 6.35 on Light Trade. Beeves Mcdonald held at from 1.83 to 1.85. J Mir poses have Premier had a slight Trade at 1.81 and i from outside George Copper was stronger at 7.20. Golc Omla was Down to a Low. And closed at 1.89. Grandview held around 41. Kootenay King firm at from 39 to 40. Montreal Market notes special despatch to the free press Montreal aug. 13. While the undertone of the Market Here in tuesday s trading remained one of decided strength the movement of values took on some irregularity with a considerable contraction in the mat Ter of volume. The Utility shares came in for chief attention with heavy demand for a Itobi. The papers us a our were firm but quiet. At the close gains were in excess of losses by 25 to is. While. The average ried at comparatively High rates for some time to Bureau Index of wholesale prices advances sharply indices Are higher in quotations in lower 368" unchanged Canadian press Ottawa o.nt., aug. Prices in Canada advanced noticeably during july. The Dominion Bureau of statistics Index on the basis of 192s As 100, moved from 02.6 to 96.0 in the month in 83 quotations the in dices were Higner 51 were lower and 308 were unchanged. Vegetables and vegetable products a decided Advance from 83.4 to 93.7. Prices for grains Rose sharply and substantial gains were also made by milled products raw traders finance pref United Grain growers 23.50 Western Grain co. Ltd. Western life Sura acc co. 13.00 province of Manitoba. 1d53 Alberta Pacific Grain. 1946___ Burns co., 1948_________ Canada Cement 1047_________ Anada Gypsum Aruba Stenc 1948__________________________ tonn Dlan Pacific ry., 1944__ Dre ways limited. 1932 Eaton t. Realty co., 3949____ greater Winnie cd water District 1052_________________ great West saddlery. 6tr. "l348 Harris Abattoir 1947._______ Manitoba Power. Svia j951 Maple Leaf milling. 1949 Massey Harris 1947__________ Reliance Grain 1s43__________ United Grain growers. Vicc 1949 Western Grain. Err. 1949_________ Western steel products 1948_ Winnipeg City of 1944_________ Winnipeg electric car 1054______. Rubber and sugar. Fresh foreign 100.00 Well in North end. Officials report 1.000 feet of crude Oil in Hole. Buenos arcs aug. Person was killed and several injured Soma seriously by a terrific Cyclone which struck tic town of Caselas. Near Buenos arcs. Late just night. Exten Sive property damages reported. 100.00 95.00 100.00 97.00 94.50 104.00 96.00 100.00 100.00 102.00 101.50 97.50 97.00 100.00 .100.00 100.00 103.00 10p.oo 102.00 fruits and Coffee declined noticeably but made no impression in the lace of the increases noted. Animals and their products Rose front 107.6 to 108.3, due chiefly to in the prices of hogs calves butter and eggs which were greater than declines for fish furs steers and lambs. Fibres textiles and Cotton Bessian Ana Rayon Yard were of slightly More account than increases in jute and silk fabrics. Wood Wood products j and paper also remained almost stationary recording a minor Alvance from 93.9 to 94.0, due to higher quotations for fir siding. Iron and its products stayed unchanged at 03.9. Non ferrous metals declined from 04.6 to s4.3, Silver and tin showing a disposition to firmness but being outweighed by declines in Lead and Antimony. Non metallic minerals and their products Rose from 92.9 to 93.4, because of increased prices for fuels i and Cement certain areas. Chem i cals and Allied products a group. I were somewhat firmer being1 95.7 As j Calgary Oil notes Gage Evans. Spencer. 1 Home no. New Hole after Short delay when Drill rods were acc dentally unscrewed. Foothills no. Still blowing. No further official report on How. Mercury no. Casing. Mercury no. 330 feet with ease Crest no. Feet in layer of dont drop out at 65 keep in the Simo. A Small investment now will Crown your old Ige is i Casi and Contentment. Your inure secure with Canadian government annuities diet of labor 712 commercial of Duj. Telephone 23607 d. E. Dobson representative province of Manitoba. Shales found above Lime at feet. Expect Lime in 25 feet. Of us Freehold no. 1. Delayed for Day or marked rentier two while new bul Bee being put in. Freehold no. At feet in same Section As Home Wells. Resumed at Model against 95.5 in june. Price of 20 stocks advanced .30. Iii Kun cur i. It is understood that directors of Che Lako Superior corporation will meet Here tomorrow to discuss plans for the Reorg Nizato. Of tiie capital Structure of the company and us subsidiaries. Agreement with tiie recently reached the English Bond Toronto mines a Ancla Ajai Amity Amulet area Arno Sobic Forlong Matthews August 13. Open. High. Close. Sales. 203 204 188 100 18500 15 15 ii 13 15 15000 177 300 275 2911 52000 ----------21 21 21 21 500 275 279 200 2d8 43000 9 19 Assoc. Oil 39u Ahn. Pne. Con. Ii Bast Melba 535 Baltic Oil 213 Bidgood blk miss. 131 b. H. By ten. 11 b. Kubwu___5v8 Bairy Holung. 30 Batturs 13 c. E. Corp. 8tiu o Commonweal to 1110 Castle t. 30 i cent. Man. 40 Clericy. Dalhousie Oil 375 dome________1050 Delpratt Bast Crest 245 pal. Bridge _1350 foot Hill 750 guru View 40 qoodflsh_____7 . Bousquet Gran. Rouyn 25 holunser_____675 Howey 49 46 390 380 435 535 450 11 595 30 11 3uu 125- 3 Ola 1060 7 250 1355 775 40 7. I 685 117 2450 2025 5295 2585 4 11 560 13 82u 118 30 40 Sis 370 is sea 505 20 in 155 11 so 14 s2o 120 301i 40 0 370 1040 7 250 1355 775 40 7 1040 7 240 1350 750 40 7 25 675 115 2375 1990 5210 2585 4. 87 17 10 2600 2600 101 23 24 995 10000 75000 2500 12500 4000 2500 500u 5000 1500 500 2500 5000 200u 1500 2000 100d 1000 3000 1500 2500 3000 500 my so 500 3.5000 29 45000 bullish signs Many indications in the Oil situation Point to the greatest activity this fall and Winter in the history of Oil in Canada. New Speed records in drilling Are being made former obstacles Are being eliminated and favourable results should come fast in the next few months. Oils grains mines Sot Tovay Mills co. Ltd ground floor Union Trust bldg., main is Lombard Telephone 80 351-2 a. A. Weir manager office connected by nation wide private wire Home oil____2450 . Int. Nickel.__5280 int. Peter. Manlon 4 Kirk. So 92 Koot. Flor. _ its 18 Kirk. Prem. _ 10 Lake Shore 2600 Gerlanc Oil 101 101 101 23 .23 22. Man. Basin _. 25v4 27 24 Mayl Ancl Oil os5 b95 095 min. Corp. 450 450 445 Murphy Newbeck 4816 to Noranda __6280 6300 6205 n. M. Hail 6 6 o a Colony 25 26 25 Peterson cob. 28 28 27 Premier ._----180 180 180 p. Oreille 675 675 645 san 13 13 Sherritt g. 775 775 765 Elscoe 72 72 72 Southwest p. 440 445 425 Sci. Basin _ 000 Doo 890 3 Sylvan let 107 107 107 Teck Hughes 8w 810 300 Thompson a. 12 13 10 Towa Mac ___185 z85 180. Ventures ____815 825 815 Wain. Oil-----30 35 2914 w. D. Lake. 3 is 3v-j Wright h.___187 187 185 w. A. ,m.____-.735 740 -735 1000 2000 1000 1000 1500 100 875, 115 2375 2000 5225 2585 4 92 15000 5000 1000 too 1000 holders has. Removed the principal obstacle in uie readjustment of the financial be up of the corporation. The corporation has embarked i Broad expansion programme and tiie earnings of its principal subsidiaries Are stated reflecting this in the matter of callings. Entry in the affairs of the cd Sipany of important to rests 01 late has served to draw j attention to the corporation but in a. Sense the situation still remains a Ait of a mystery to the Street. Brazilian brazilian turned very considerably less Active in Doday s Market which it again led in volume with a turnover o after an Early display of i rinness which carried the Price no to i 2 a. The Stock eased under profit and closed lower at the rave in the Stock which has Cavvie it up Over 12 a Lew weeks appears to have been halted the time being by realizing. Montreal rower Montreal Power was the spectacular performer in the Day s Nark it com ing third in activity with shares dealt in soaring to the new Peak for All time of 146 and closing at 143 i net gain of 3 Points. Lock has enjoyed an appreciation of Over pol cd with the past two weeks and the almost sensational Rise in so staid an gives treat Stock As Power has been accompanied by a wide of rumours which included talk of a. Split and of an arrange n ent with the Beauharnois interests. It might be just As reasonable to suppose that the move reflects Little else than a Market position that rendered it quite vulnerable to such a move on any demand. The Stock. In the past Quarter of a Century has made for itself a record equalled by few common stocks on any Market with the result that its following have More More taken an investment position in. The Stock leaving., the floating Supply increasingly limited. Int. Nickel reports increase in earnings net profit for first half of year special despatch to tile or press Montras aug. Tie second Quarter of 1929 the International Nickel Consumers goods Rose 1 rom 93.4 to 94.4, due to increases in cured meats butter eggs sugar fuel and site fabrics which were larger than declines j in Coffee fresh foreign fruits fresh i meats and poultry. Producers goods made a major and Vance from s3.3 to 100.1, caused by increases in. Both building and construction materials and in manufacturers materials. Milling Grain was j responsible for much of the Rise. I raw or partly manufactured goods Rose from 93.2 to 101.2. Increased orc is for Grain sugar rubber and jute were tiie main factors in this movement. Declines in fresh fruit. Welcome d. 0. K. K. Visitors connected with the building and Allied trades Are invited to Sec tills revolutionary new window demonstrated. T 1i c Klein Eze win Dow becomes an inter National product with the opening in the near future of our Minneapolis of flick. Chevron Ami will Der cd id by the undersigned til to n clock i nor Friday. August. 23rd. 1929. For Orav Ekins 21.1 Miles of provincial i Elm Ayi nos. 20 27. Ill the municipality of Basic Chewan and Odanah. Plans .1111 tender Lorix can be obtained at the at the Iliff commissioner. 3 3 parliament built . Winnipeg or from the office of Ali. Strict Engineer Minnedosa. Man. Each tender must be accompanied by bid Bond or in acce Pird ii Ciuc. J to the provincial treasurer of Lor approximately five per cent is i of the amount of the tender. I th-1 lowest or tender not i accepted. A. Mcrilll Vav. Highway sum 13th, 1520. Man. Wry of to. Company of Canada and livestock and raw Cotton kept within subsidiary i companies report net profits of fully or chiefly manufactured goods equal to 38 cents per share on the company s outstanding com Mon shares. This compares with 5. The first Quarter of the year or 36 cents per share in the first Quarter of the current year. Recorded a two Point Rise to 9.1. Cured meats flour butter and in let materials were higher while no de Clines of importance were reported. The installation of Hleen Eze windows i tenders for motor j driven Oil pumps j scaled lenders addressed to the Man. Committee on pubic a Lilllie. Will in received at tile of fico of the undersigned up 1.0 3 o Duck . On monday. August. 26th. 1923. Lor the Supply and delivery. 1.0.b. I Lac Riu Bonnett Man., 200 gallon j motor driven .riotr.of pumps for j Hydraulic Turbine i instructions to bidders and j form of tender May be obtained at i office of the City of Winnipeg Hydro elec Trie Syx Lam. 55 Princess Street. Winnipeg. The lowest or any tender nou necessarily i accepted. M. Peterson City clerk. City clerics office. Winnipeg. Viscust 13lh. Cite of j tenders for hand costs but operated Crane farm abruptly products from 93.2 advanced 107.1. Very prices i Jou Anso this new window possesses the Msj Tures of a. We Anjier stripped window Coin the net operating income Ofero. , arid hides were higher. Mined with the most revolutionary for the second Quarter. Improvements of a. Century in win Quarter with reported a for initial Quarter of the year and gives to coi tid 616 061318 it r. I of so of twin f to i Wei a total of Lor the first six months of the year. Although the comparison is not altogether fair this figure compares with re ported in the first six months of 1928. The 1028 Flag ure of course does not Dow construction one i sent Antici its installation to be by _ merger reverse is the actually costs Kluex approximately Siccia despatch to the tree Tress of include the income derived from the Calm out oils limited have announce recently acquired mond Nickel pro i Only a few minor details remain parties. Actual issuing of one ailment profits for the last j for each three Dallas will begin Quarter an increase of the i according to the agreement Rati Llesi js.ri.5i loss to install than the Ordinary and weather strip window. It can be obtained in All sizes. 1000 2500 445. 5 46 6275 5 i 26 28 180 650 i 13 775 72 425 895 107 805 11 185 825 2pv 4 740 300 Ionov 60000 2500 3000 250fl 7000 200 500 5000 1800 500 5000 2000 5000 100 8000 20000 2500 200 Nickel International Nickel came second in volume on the local Board with Trad ing in shares and moved in a somewhat manner within a comparatively narrow Price Range at 52 after having earlier in the Day. Closing lower sold up to 53 4 the increase in the dividend was in line with intimations made some weeks ago by important local interests close to the of the company and was generally greeted As progressive policy that will keep Pace with the expanding earnings of the com Pany. The earnings statement for the second Quarter of 1929 As released by the company today was quite in line with intimations give. In. posted sources. It. Shows a continuation of the very Sharp increase Over last year but still comes far revealing Ilia on which the major optimism of Lead ing Canadian interests is based. Abs lib. Came in for a robust re 4 200m a Vulval trading interest Selling up i the new High for the year 1 a i closing at 55 for a net gain of 2 Points with trading in shares. Total profits for the first six months of the present year of Are compared with for the first six months of 1928. These figures again reported for 1928 do not include those of the mod Nickel company. After allowing for a dividend on the preferred Stock of the company which remains outstanding the profits of the first half of the year Are equivalent to 74 cents per share on the com Mon Stock. The increase which is reported in the assets Mendouse. Of the this company however is is tre counted for largely by the acquisition of the various companies and Stib Sidi Aries which have come under the Wing of the Canadian company within the past year. The assets Are now reported at As compared with1 As of december 31, 1928. The properties of the company of course form in the total shown with the largest single item assets. These Are now a total valuation of by Dallas shareholders August 8. Holders or Dallas Stock will receive one share for each three Dalla i shares held and in addition have the j right to Purchase one additional Cal j Morit share at per share for each j three Dallas shares held. In other words a Holder of soda Lori. Shares will receive 100 Calmont shares. And have the right to Purchase an additional 100 shares or Calmont at i Pur share. J officials of the Calm out oils limited pointed out that Only registered stockholders of Dallas will be Able to make the Transfer. It will be Neces sary for any holders of Dallas Stock to make sure that the shares Are registered in the Holder s name before they Ray be exchanged for Calmont Stocki Calmont s drilling programming is go ing steadily ahead with no. 2 Well adjoining the Wells Down about 3.250 feet. Up Gjoci in Der i. Stir crossed to the chair imm. Conic mlle on Public Lull Llars. Bal co Sivad it Chr of t u1 Ami thened up to 3 . On monday. Ai Kust. 2gui. Is29. Sipply of Ono hand Der Ald Grant for the Mcl Hilll i is acct. Waterworks put plus Slation. Instructions to bidders specifications form of tender Tofte Lier Vilh conditions governing tenders As prese Riherd by by Law May lie obtained at the office of the City Engineer. 223 Lames Avenue Winnipeg. The or any Lender not necessarily accepted. M. Peterson City clerk. City clerk s office. Winnipeg. August_l_3th.__iq23._____________ or Hon Sipeo. Intel ii unlisted stocks am uni is furnished by t. B. Bill Lett co aug. 3. Power 6% pref life Assurance j Canada National fire Canadian Marconia an increase of As of december 31, 1928. The invest ments Are now reported As Cal and time Loans now stand As compared with 000 at the end of 1928. The inventories the company now stand at As compared with at december 31, 1928. It is upon this figure that Many people on the Street Are predicting higher earnings for the lost half of the pres ent year. They Point to the Large stocks which the company now have on hand at its plants and which have an immediate Market value. The value of United states and Canadian government Bonds held in the Treasury of the company remains Aneed a Cash on hand shows ail increase from Mcgillivray Creek 2s3, on june 30, As compared with j Lff 35% is at the close Royal Canadian the report indicates that sask. Co operative Creamery shares of common stocks Are now put pref standing which is an increase from . Life co. Capital loan City City Dairy 7% pref City Dairy commercial life Assurance co. 10% commercial securities corp. Continental life 20% paid Durant Ford of Canada new Imperial International Coal Coke. International loan International proprietary is _ Monarch life Assurance co. _ 93.00 000.00 40.00 8.50 95.00 50.00 windows alone can you uie comforts and Conven made possible by its patented tension this exclusive feature keeps the Sash at a.11 times in full Contact with the nolo he Causs windows cannot windows rain proof dust proof Ables Yon to remove the Sash from the Frame by pressure on one Side. Cleaning pay Ling outside Frame and Sills or flt Iii storm windows and can All be done from the House. A Side 90.00 100.00 10% paid 22.00 84.00 45.00 440.00 .30 33.00 .48 112.00 75.00 92.00 75.00 36.00 120.00 75.00 11258208 reported on december 31. This increase is accounted for in the Exchange of the preferred Issue the common under the teems of the merger agreement with mond . I the capital surplus of. The Compa life As of Canada 24.00 103.50 2450.00 manufactured under License by almost leading Sash and door factories and distributed throughout Canada by the principal retail lumber Yards. Tenders for Frame work and Glass sealed tenders addressed to the chair Man. Committee on Public will be received at the office of the unders Knud up to 3 o clock . On monday. Aug text 20th. 1929. For Iho Fol apply of for Mir world and for at Street waterworks pump in station. Instructions to bidders and form of. Tender together with conditions co Vernonsr is prescribed by by Law May be obtained it the office of City Engineer. 223 James Avenue. Win nip a. The lowest or any tender not necessarily a cup c Peterson City clerk. City clerk s office. Winrig Petr Knuusi i3th. Tenders sealed Lenox re. Addressed to the ural or so Gard. Will received up 111 s o clock . On monday. 19th August. 3023. For additions and alterations to Telephone Exchange building. Brandon. Man. A certified Cheque Crimual to five per cent of the amount or tender and payable to the Manitoba Telephone system must accompany Jotch tender. The lowest or any tender not necessarily plans and specifications May to obtained from Alex. Melville architect. National Trust bul Dinc Winnipeg. To. K. Lowb. Commissioner evian Lloyn Telephone system Winnipeg. Man. Canadian Pacific railway tenders tenders will be received until 13 noon Friday August 16th, for Tho erection of waste Wood burning Plant at Tho Power _ _ House. shops. 138 Portage ave. E. Phone 27 796 plans Ana specifications May to obtained at room 305. . Station. J lowest or any tender not necessarily be j Cep cd. I j. C. . District Engineer. K Leejon Joe own Ndow general window products pc of Clamaca limited. A Metal Market associates press despatch new York aug. Electrolytic spot and futures .18. Iron steady unchanged. Tin Eacy spot 46.37 futures 46.bt. Lead steady spot new York 6.id East St. Edits 6.55-to 6.57. Zinc St. Louis spot and futures. 0.77 to-6.80. Antimony 8.62. At Copper 2s 6d 17s 6d. Spot electrolytic spot 5s futures 15s. Tin. Spot futures Lead spot and futures spot 6d Sterling Exchange associated press despatch new York. Aug. 13. Sterling Exchange irregular at for sixty Day Bills and at 4.84. 25-32 for demand. Foreign bar Silver 52lk, Canadian dollars discount. Francs i lire 5.2254. I inner fold to be just c in Waite Valley believed top. Of Mcdougall Segur the impetus Lor the move appeared to be of new York origin at which 10 be Centre the of is under accumulation for few months. The move appear have the past is accompanied by rumours of some special level open As imminent but beyond vague hints of merger possibilities and references to the company s Power developments there is Little to lie to. The company is one of the strongest units in the. Newsprint Industry and should be one of the first to reflect any improvement in Industry. If the move in the stocks predicated on the betterment that has come into the newsprint Situa Tion and possibilities of a resumption of dividend payments on the com Mon than the preferred Stock Selling currently at around 85 appears far out of line according to the government1 de part Merit of the Interior water Power available for. Mineral development ill Canada amounts to horse Power resources being reach of All the mining areas Ion. Of this quote Chat s48.350.737. As compared with at december 31. Again however the figures for the mond Nickel company Are not included in the december figure. Backyard at Ottawa discouraged Canadian Tress Ottawa aug. 13. Backyard prospecting in Westt acro a suburb of Ottawa ceased today when the depart ment of mines threw a dash of cold water on aspirations of the prospectors. Hopes that Silver might lie in vast Alan titles beneath the soil in the Little town were shattered today when the prospectors found that their samples contained nothing More than Iron Pyrites. The department of mines stated to Day that no record was at hand of Silver being found in Limestone formations such As that on which the town stands. The Sliver. Mining Industry is said to have been the result of an old legend almost forgotten taut revived again with the finding of the Bright Pyrites. Dividends declared Montreal inc., aug. Declared National steel car Corpora Tion 50 cents per share payable oct. I record sept. 18. Canadian Pacific railway 2 a per cent for Quarter ended june 30, pay Able oct. 1, record aug. 30. Bourse 1 rices Strong Paris aug. Ware Strong on ice bourse today. Three per cent 74 francs 70 centimes five per cent loan 102 francs 85 centimes Exchange on London 12.3 Cen times. The United states Dakar was. Quoted at 25 francs in str the of . The Fri Nix of Musk festival Banff a foor Day All Star festival of High land dancing music and sports by world famous oct onsets of dec Ballad a of old Scotland dancers wrestlers and champions in putting the shot and tossing the Caber. Scottish music festival in the even ing at the Banff Springs hotel will in clude the Ballad opera Flora and Prince famous concert singers Kennedy Fra car. Brownie Peebles Catherine Wright. Mary France. Junes. Rudlay Herberth Wetton and Stanley a gaelic Folk operetta by the Lewis society of dom1miom and Field a pfc on Tabor come mid the finest in Canada and. Many from Abr wed compete on thu picturesque playground for the championship in fifteen exc tag including running to Eltink. Jumping. Flu Aims. Throwing the Hammer. Put info the shot throwing the d Lucom. Hurdle racing and throwing the javelin. Entry forms for All Ilvento can in . To secretory. Banff Barff Springs hotel quaff. Alberta. Make now at Banff Springs hotel a any Canadian Panfic Stop Orer on your to Pac Fie Low fares in effect phone b43 211-12-13 a born. 843 2j City ticket office depot ticket office. A. Co. H. D Deschambault St. 81 ;