Winnipeg Free Press

Winnipeg Free Press (Newspaper) - August 23, 1929, Winnipeg, Manitoba I Fine lots of Timber wolves i bring High prices at the closing session of the Winnipeg fur auction. New Manitoba Jakee press Wiss ipg Midat August 23. 1w Stirr i Trade and Commerce mines and the Money Mariceta Power issues Are in demand Montreal Mart adoption of new system of pro Cooling permits shipment of British Columbia fruit at 134. 80. Air 135. At 103 i. 35 at 133. 125 Quebec at 32. At 101. 25 101h. 25 at lol a. 70 at 101. 60 at Lou i 240 at 101 i 225 at. 400 at 102 25 at 60 at 1021-i. Steel of at at 396. It 3014. At 84. At sales for the last hour at 53. Can. At 35, 40 at 35, 25 at 3514. Brazilian at 70j1, 75 at 1125 at 71, 75 25 at 11. 50 at. 71, 50 at 71. Can. At 20. Can. At 128. Gen. Steel famous at 721-i, 25.at Mccoll at Tami. Domin. At 60 at 112, 170 at 113, 625 at 1h-, 140 at 11414, 100 at 114, 30 at 11414, 525.al h4vs, 75 at lid. At 51. Hamilton at 55. Indus. At 24. Into. At 54s, -50 at 5431. .225 at 5414, 135 at 55, 750 at 125 at 65. 50 at at 5414, 100 at 54.s, 25 at 64h. Imperial at 34. Montreal at .143, 40 at 143u, 125 at 143, 335 at 143, 80 at 143 i. National at 70. 25 at 81. At .i341h, 70 at 135, 50 at 13414. Quebec at 93, 25 at do at 93li. It 10216, 25 at 325 i at 140 at 02tt. 525. At 103 300 at 10234, 150. At 635 at 103, 330 at 25 at .103. Steel Smeltera-40 at. 396 at to i. At is. Clark Mariin co oct. Dec. Jan. March. May july ____18.38 10.70 18.69 18.87 ____18.95 1b.30 18.65, no 15. 19.10 18.95 22 18.33 18.-14 18.64 18.76 18.67 .1.8.82 18.85 13.85 18.76 19.09 18.91 using june and prospects of fur tier increases to be reported Lor july and August when higher prices were obtainable. The company recently retired its preferred Stock making possible the eventual payment of dividends on common. As always when a High priced Stock rises the Street talks of a split up tills was the Case today when Ghouse began its up Rush and Well informed interests Are convinced the Stock will be split in the near Westinghouse has some very lucrative a on Tribote to build electric locomotives its earnings have been rising steadily and the Stock Lias been making i Jons succession of new records. Union bag and paper had a Small gain on moderate x volume but it was Learned late in the Day that a Promin ent Utility was trying to acquire that company s Utility holdings and was to buy Stock in the open Market. Over on the curb an actual fight for supremacy or control was Beans Fous it r Mim two a Otsons to Southwest Gas utilities. The later Stock reached a new High on heavy turnover other curb utilities also were bid up As vere several of the special issues including Goltman. Sachs corporation. Bonds acted irregularly with . Issues Jirm ing up. Cotton advanced while grains Montreal Market notes pcs Palco. To the free press Montreal aug. Further shrink age in the. Volume of trading and a1 somewhat firmer trend characterized local Market thursday gains liar slight margin Over losses. The is made the Best showing in group strength and the papers were firmer on the whole although comparatively inactive. The leaders in activity showed Only. Fractional changes. International Nickel easing while brazilian moved convard. Strength or Dominion Bridge was a feature on about Tho of activity As the previous Day it touched the new High of 1141and scored a two Point gain at the close of 114. In other groups fluctuations were mostly narrow and the average Price i of 2.0 stocks advanced .34-. Announce-1 ment of an increase of in i brokers a new High record was made alter the close of the Market i in new York. Shavil Olgan. Shawinigan came in for a revival of interest today and on considerably More Active trading advanced to 103 a with Hie close at 103, representing a net gain or Points. While no Spe Cial reason was Given for the sudden renewal of demand current buying of shawl Olgan is understood to be or an informed Type. The huge development programme upon which the company is presently engaged and which Calls for Fin expenditure of Sou is during the next ten. Years. Is expected to place Shawinigan in. A prominent position in the Power producing Industry and having regard to the extent to which the income of Tho com Pany will be augmented when these projects come to fruit Lou the shares of shawl Olgan Are believed to have a unique attractiveness As an investment medium. Prospective developments in the province of Quebec As included in Best pro curable bottled goal anted by True Makk Nonni Scoturo original for it at Tho vendors and Grant s i Best Large assets and earnings we Oiler and recommend As a sound investment the _6% first mortgage Bonds of Federal Grain limited. The company is acquiring ten. Country and Ter Minal Gram elevator businesses. They have beep in successful operation for Many years. Their consolidated assets Are equivalent to More than per 6% first mortgage Bond of Federal Grain limited now being issued. Assets include 338 country elevators and 3 terminal elevators having a total Aoa Circy of bushels. Their combined earnings available for interest and reserves for the past three years have averaged 5.21 times the annual interest require ment of this Bond Issue. As a result of the consolidation the company will be one of the largest independently controlled Grain elevator companies in Canada. It will be a Well balanced organization and substantial economies in administration and operation Are expected. Price 100 and accrued interest to yield 6% Royal securities corporation limited 200 Nanton building Winnipeg Telephone 80374 Hisky blended from the finest scotch whiskies of that unvarying Quality which vex shift All Over the world. J. G. Stewart limited Edinburgh Scotland blended and botel cd by oar Uio Cito corporation. Limited Montreal inc judge f0r vow erf i the Security Market private wire connections throughout Canada and the United states enable us to give continuous quotations and last minute information concerning stocks and Bonds mining shares and securities of All descriptions. Orders executed on any Markst. M James us n4 established 1857 stocks Bonds Grain 367 main Street Winnipeg phone. 24 831 ;