Winnipeg Free Press

Winnipeg Free Press (Newspaper) - May 21, 1931, Winnipeg, Manitoba Manitoba free May 1931 17 wednesdays produce weather caused further Advance in wheat prices Clearing conditions and heavy Frost Canadian West and danger Frost Winter wheat Belt steadied Market Grain May influenced by unfavourable weather in Western local wheat prices wednesday opened fractionally High and although dips occurred around values in the final hour Crane Back to the High and finally finished with net j gains of in to 58c for the pit Trade for the most part was Winnipeg Grain fluctuations May july May july 62 28s 28 29 30 31 i 32 i 106i May july May july May 34v2 july 36 63 i 285ab 30 31b 31i 32 109b 113 35b 38 b a 27 28 29 j 30 31 32 106a 107i Ilia 344 a a May last 59 107v8 60 108 vi111 28 b 30b 30 107 v2b 109b 113b 34 b 35 Tib 38 28 i 29 106 v4 b 107 a Ilia 49 50va 46 44 45 216 216 190 34v2b 60 i 35 62 38 if 38 i 66 i american Grain fluctuations Vlay july Dull and with outside in Terest entirely scattered july Imay buying by locals constituted the main july and the amount of wheat j offered for Sale was Light and spreading operations were confined almost entirely to the near by Only a very Small Export business was reported worked in Canadian wheat Broom Hall reported but a slight improve Jelly ment in the demand from the United i with the exception of a heavy j wheat snowfall in Eastern precipitation 111 the Prairie provinces during the past Twenty four hours was and the forecast for thursday suggests no frosts were general in Western can july May july May tuesday and anywhere july from one to seventeen degrees of Frost were with Points in Central and Southern Saskatchewan May being the tie weather in july the Winter wheat Belt of the United states is much and frosts Are for Many Points during the j May next july Liverpool wheat futures were 60 h 63 56i 57 a u 49 27 29u 64 66 i 781 63 Chicago Coal John John Rock Cliffe Ralph Barge John Barge Price Angeline loading Grain and waiting orders discharging 86 60 60 64 u 57 59 5034 63 48 27 b 29 86 60 lit 60 60 57 b 27 b 29 37u 39j 39b 39i 38b 39a new York Canadian bonded wheat 67b 66a Minneapolis 32 33 34 36 78 79 63 25jb 32 33 34 78 78i 69i 324 33 Duluth 78 69 b 24 a 2oi4b 33 b 34 36 a 59 it 60 64ct64 56 56 49 2714 37s 3814 38 4 a 41 a 04i 694 b 324 33 3 34 a 35ft wheat futures the following were the closing quotations in the Liverpool wheat translated from British weights and currency to Canadian bushels and Money May 65 65 july 65 october 66v2 6613 december 68 68 Iasi tril tie a tilt a tilt May Elm noon 3 9 weather and crops foreign countries Logan Bryan wire May Broomhall cables As follows advices from Australia state that the weather is now More following the re cent excessive Rains which interrupted our agent believes that a reduction of 30 per in area to wheat is tie area to wheat last year was estimated at and if the reduction of 30 per the acreage this year would be in the neighbourhood of last years crop was officially Esti mated at of an average yield of bushels to the while private estimates indicated a yield of about 10 bushels to the the inf adorable financial conditions and Low prevailing prices for wheat have discouraged Farmers from planting the Large acreage which was 21120 bulls Stocker steers 2 calves 180 Bacon hogs 25 220 heavies extra heavies 4 lights and feeders sows 1 sows 2 Stags livestock quotations Dominion livestock Branch May receipts 780 190 steers up to Good and Choice to medium to common to 154b 152 154b 150 a 152lb 152 due to the reports of unfavourable weather in and the firmer plate and prices at the close were unchanged to 38c May higher per 100 Buenos Ayres opened unchanged in both the May and june and at noon was 4c lower per c expo a macs May by the Canadian the wheat ii m i quotations were supplied by All prices insurance and Liverpool per Bushel Canadian Money 1 Manitoba shipment 2 Manitoba shipment june 1 Lilloll u 3 Manitoba shipment june Argentine 63 shipment june Cash demand for rash showed some improvement Over the past few taut sales in the aggregate were not Large and spreads on the Arious grades remained practically there was again very ittle 011 offer and this fact exerted a steadying 1 North remained at May nos 2 and 3 were quoted most of Argentine 63 shipment the and a Etc under May australian new june 2 hard shipment june uni Verity of Wii cat at country average Sample Points and Over loading platforms i amounted to bushels tues comparer with Bushel which was on Day last ii Virve Dyni Wiiki and inquiry for the Vari Ous coarse grains was limited Dur session and a pit there was conf of the Sale of Small lots sown a year crops conditions in France Are about with Spring like Wea acreage to wheat in this coun try is expected to be weather in Germany fairly season Able but growth is still backward owns to the unfavourable weather conditions during similar conditions prevail in the United King Dom where growth was retarded owing to cold but it reports from Over Good and medium common heifers Good and Choice medium common fed calves Good and medium cows Good medium common to to to to to to to to to to to to countries state that scattered com plaints Are being received of damage from late canners and cutters bulls Good to common to Stocker and feeder steers Good to common to Stock cows and heifers is now Good to Balkan common to Canadian press May there must be no obstructions to easy Exchange of minerals and Mineral pro ducts Between great Britain and the dominions if the Industrial and economic Security of the Empire is to be this was the message of Charles Deputy minis Ter of mines for when he delivered his presidential address to night before the Fellows of the Royal society of Canada now in session at their both annual meeting at the University of few persons Ever Stop to consider How vital an influence and especially have had upon human How they have affected the everyday life of the or How at different times they have influenced the Progress of nations and determined their it is Only within recent years that the value and influence of and especially the fuels and Industrial been fully to some concerned with the Industry there is a natural temptation to at Tach great weight to the coming into use of Iron and other these events not actually though they ultimately had profound More minerals have been produced and used in the past 25 years than in the preceding this is illustrative of the rate of Progress of modern civilization and the place that minerals occupy in our present Day Industrial within recent due to the amazing rate at which minerals have come into there has developed a profound appreciation of the value of Mineral resources to the Industrial nations of the and a new significance has been Given to their ownership and control in both National and International the result is that More and More intensive study is being Given to the subject by men on whose shoulders rests the responsibility of advising on or directing the affairs of we find this question of the control of Mineral resources and the distribution of supplies occupying a place in the discussions of the league of livestock markets Dominion livestock Branch 7334 69i 63 63ft 60a 69 u 76 j 74 69 63 63 0 milkers and to veal calves Good acid Choice to common medium to hogs select Bacon 61 per head Bacon to per head a Lect heavy to extra heavy to my receipts at the Union stockyards up to 9 r Oclock wednesday morning consisted of 780 190 69b and 5 railway reports show a country russian afloat average Sample unquoted platforms i above was translated from British weights and currency 1 s tues Canadian bushels and Money at wednesdays Exchange rate Between Bushel which was unquoted i further 12 cars of Stock to arrive in nov to i the Yards during the with a Good percentage of the re lambs decrease six million Jurj i Canadian wheat visible now yid i and there was no indication crushers in the Market under Glass in steady with the fluctuations i Grain inspections May 1931 Tola cars of wheat 641 dumber graded 57 cars of contract wheat 249 total care of 36 30 total cars of barley21 31 Toia cars of f total cars of Rye i9 30 total cars of other grains 2 movement by roads do Lull h 1930 Winnipeg Cash prices thee prices Are always the quotations on Cami grains at the time of closing the future May spot 1 hard Northern Northern 1 2 3 no 5 track 1 2 durum 3 4 durum 1 while Spring 2 while 3 White Spring i 2 3 1 Tough 2 Tough 3 Tough 4 Tough 5 1 2 3 Tough smutty smutty smutty per ton Oats no 2 c w 3 1 Fri i feed 2 feed rejected track 2 Row 6 Row 3 4 5 6 c 1 no 2 3 rejected track eve 1 2 c 3 2 rejected Trad 49a 4o 44 60i 75b 6bi 63i 57 55 53 51 2 49i 47i 562 49 412 552 47 30 25 i 20 i 435i 43 a 59 745i 56 o 54i 52ii 505k 54 46 50 Canadian Tress fort May May loomed tonight us Canadas month in the Wheatley in markets of tie in two weeks of recorded up to May the Dominion exported More thin bushels of wheat and in the second week established a new High record for clearances for the according to the weekly report on Grain movement issued tonight by statistician to the Hoard of Grain shipments abroad for the Sec Ond week of May totalled Slis compared with bushels which set a new 1931 Export record Vious almost half the clearances were from ports on flip Canadian shipments from John and Halifax amounted to a total of bushels was cleared from Ini cd states at lactic ports and bushels from Canadian Pacific in the week ending May stocks of Canadian wheat in store dropped almost bushels to on the same late last year stocks were stocks in store bushels Western country elevators Interior private and Mill elevators Interior terminal elevators Vancouver new Westminster elevators Victoria elevator Prince Rupert elevator fort William port Arlhur elevators Eastern elevators Lake ports Eastern elevator Seaboard ports Lake ports Seaboard ports 25s 30 b 107i 103 i 92 i 92 i 107 15i 33 34 3 Ivi 29 27 26 31v 106 34i 34 vib 31 23 Winnipeg Grain Exchange representative sales May wheat i spot 60rs 1 spot59 3 spot 51 3 spot51 1 spots 2 2 Spotek 1 spot 57 i 3 spot i s spot51 1 spot74u 1 2 3 spot64i 2 spot s spot 53 Oats 2 spot29 2 spot28 s 2 3 spot25 1 feed spot23h 2 feed spot s feed spot15 Barley spot31 4 spot 30u spot26i i spot106 Clearing House deliveries wheat Oats Barley flax Rye May a fair amount of the mod Erate deliveries being moved out at practically All killing classes Are Selling a full 25c higher to Date this the general of the Market been attributed to the smaller size of the there were very few Choice cattle t Iii Tio included in today but the w the Canadian press latter was not confirmed by the regu Lar news Export demand was extremely Light and primary movement Low temperatures in the Southwest and possibility of Frost there was also a determining influence for higher me o weight butchers earning up to the less attractive variety of steers crossed the Scales generally from Liverpool Market news week ago year ago v Ocean shipments Canadian Pacific Seaboard ports Atlantic Seaboard ports Atlantic total Seaboard l a week ago 1st to May 15th Grain movement at port of Montreal May Grain figures stocks in elevators stocks la holds of 46 Lake boat receipts past 24 i 24 White wire service May cables As follows Broomhall futures opening Mark the balance of the weighty steers moving downward from buyers took on desirable fed calves costing around and absorbed the remainder of Little cattle at their disposal generally from to Good Light to hair Dweight Butcher which were not very plenty met Sale within Range of to while was owing to reports of Frost in Canada and due to firmer plate slippers Small inquiry for wheat in the United but a Small Trade in Argentine and australian varieties is reported on the Broom Halls Export news Jackson wire May Broomhall cables As follows there was a Small business reported in tues but the volume was disappoint no sales new crop american Winters were the demand for Manitoba in the United kingdom tuesday was somewhat report weather and crops in the May Gress and condition Winter wheat was very Good to excellent through out Ohio Valley with crop now heading in Many lower Valley sections and jointing in Northern por there were local complaints of the rank in Central trans Mississippi growth was Good during the past week with wheat coming into Boot in Missouri and some Heads in South Western Fiat of main producing heat and drying winds were Detri particularly in Western por Tion of Oklahoma and but in other sections Progress was Good to excellent wifi crop jointing to Nebraska and Gen total receipt total receipts to 1930 of total deliveries to 3414 total deliveries to t Ike Borts arrived 24 Lake unloaded past 24 hours 10 tramps Chicago Grain letter Bawlf private wire service May was affected Early by reports of further in Fie Canadian and our prices dipped moderately on this reaction and trying several Mesto work higher in the late moving up under considerable local buying and closing o higher than tues Tays there was considerable unfavourable Rop news from the Southwest but City prices failed to reflect there was also con on or shipping news fort May and sleet delayed loading Grain to Day at the port of fort Arthur so that Only two boats Are re ported today As Clearing with bushels of the Kenora leaving last night and the Reiss Load ing began again late in the Twenty one boats Are in port loading Grain and waiting orders and two Are in route four Coal boats Are discharging cargoes at the three Coal following is today report on vessel movements wheat Peter flax passengers and Butcher in Manta Good Handy weight Good heavies common Witzl a Cocci Pyrce Nuiet i seipts being made up of late arrivals Bucks actual supplies on today cattle mar sheep Ket proved of fairly moderate proper Good heavies tons and with a reasonably Good Degood Handy weight Mand in evidence trading displayed common to to to to to to to to to to to to to Toronto produce May the United 1 Farmers cooperative company to seipts produced a fair fun Wing o Uius Acu nine to some fairly decent Strong and steers on the Export order Creamery solids weight steers on the Export changed hands around the prices of butter and until Jurth item Turgi i rot acc be those supplied the free mighty killing heifers press by Coyle produce a Wpm n butter prices according to Dominion govern ment strictly not Over five Days i cases returned cases returned cases returned graded potatoes wholesale per 100 Manitoba potatoes Manitoba potatoes jobbers to vegetables jobbers to sold from to there was Kcjr cite of Ood cows on today Market and such kinds were in refresh quest from 54 to the Plain and i Between variety of tiling cows be ing bought up from to bulls Are showing very Little change and sales Are being completed within Range of 52 to stockers and feeder were again lightly represented and Price Levels in this Section of the Market appear to Rule on a nominally steady Good Quality stockers were priced from to plainer kinds downward from the calf Market looked about steady with the bulk of the sales ranging from to according to the hog Market advanced 25c from the close of Bacons weigh ing up at with weighty feeders at sows were worked out from to the latter figure being paid for the Light end of the there was practically nothing do ing on the sheep and Lamb the receipts being insufficient to establish a outside of cattle 905 400 Trade slow with a Dull feeling hogs bidding for asking sheep and lambs Best lambs sheep sell ing downward from of cattle killing classes steady to stockers and feeders about steady hog Heep South of cattle Market generally representative sales May reported up to 3 wednesday Strong weight steers receipts past 24 crop joining la strongweigh1 r Riu 24 headed in Southeastern Kansas 2 red de Menes flours Oklahoma Price Price note there being no Hay Exchange in o and 4 w t inc Floii it t t in e o 1160 2 1090 hand weight killing steers 4 900 canners cutters the following quotations for produce dozen dozen 19c 1 in 60c to produce Market flour retail Price to Consumers at country elevator Manitoba and sask quoted on Quaker Lake of the five Western Canada purity Ogilvie Royal household and the Texas new per Manitoba per 100 imported per crate Texas new bags Texas new per Manitoba per 100 Manitoba Leaf Bunches imported per Manitoba Bunches per Maple Leaf sack two sacks pour sacks rolled Oats per sack per sack per sack Mil feed delivered in Carlots net sex Manitoba and per ton per ton per ton per ton Small a country his fresh baled spot prices for Well cured Good at Date of issues and quoted by two leading dealers 1 Timothy to 2 Timothy to 1 red top to to Alberta elevator Ware quotations Early from members demand for lower Are of the obtained regu n hides cried per to Hoise medium and each each sheepskins to sheepskins Seneca per per 890 per fleece Tawas Ojel per to to Canadian Grain shipments via May fed calves n May 6 of United states grains during the 3 ended May 16 totalled q bushels As lots non Butcher heifers compared with in the preceding week and in the corresponding of last Canadian grains in transit snipped from United states Tratos Atlantic ports totalled bushels a against United and states wheat flour exports totalled barrels against and Canadian wheat flour in transit to sop tailed barrels against Money and business Toronto Richard Bunrham urges Empire cohesion in exploitation of minerals addressing Royal society of says Empire As a whole is Strong in Mineral but easy interchange is necessary for or the subject of Guidy of special Camsell pointed out the Handi Cap imposed upon the great Indus trial nations by Lack of certain Essen tial minerals or raw products Lias had its for it has been one of the greatest incentives to Industrial and scientific research directed to wards the development of synthetic in the International he the experiences of the War have led certain nations to encourage their citizens to secure financial control of foreign deposits of essential the growth of Canadas Mineral producing Industry has been More rapid than that of any other nation of the owing to the geographical relationship to that the greater part of our surpluses of Mineral products go to the United while most of our deficiencies Are made up of imports from or through that this has been the condition for some years but the gradual growth of barriers to Canadian materials entering the United states has quite naturally stimulated the idea of a greater measure of intr Imperial Trade in Mineral As Well As other a Trade that would provide for an Exchange of surpluses Between Dif Ferent units of the this idea was presented and improved in principle at the Imperial conference of concluding his presidential Camsell reminded his audience that there Are still Large areas of the earths surface that remain to be and much of this is under the British not the least important of these lies in Northern and i am convinced that the potentialities of Southern Africa Are also very no nation has such vast areas of possible Mineral bearing territory As lie within the British Empire and consequently no nation has such prospects of expanding its Mineral Industry As we from the Imperial Point of Canadas Mineral resources Are of inestimable value and guarantee to the Empire a position of Security and Independence surpassed by no other country in the Turner Valley Wells produce barrels in april deliveries of Oil to Calgary refine erie3 from Turner Valley Wells amounted to in in March the total was tie difference May be accounted for mainly by the fact that of the Shorter but mostly by increasing sales of Oil to Farmers direct at the Mercury the Fields biggest had an output of last As compared with in Mercury 2 again made its appearance with an output of Model again increased its product which in april totalled As compared with in Home sold the Imperial report follows crude naptha March Royality 14fi Royality Royality Royalette Royality Royality Royality Royality Royality Advance associated Balzac 476 Dalhousie Dalhousie 150 Foothills Home 1 994 Home Home Home Home 241 Lowery Pete Southwest Pete 1 Freehold East Crest 412 april 67 903 53 250 147 909 172 205 381 167 totals discoloured crude naphtha March april Royality 728 830 Royality 16 190 100 707 389 293 664 699 288 129 Royality 21 Royality 889 Royality 902 Advance Balzac Dalhousie Foothills hartal 360 i land Mayland Mayland Lowery 239 998 Calmont Calmont 483 Commonwealth 1 East Crest 879 East Crest Mercury Mercury Mercury Miracle Structure Widney Mill City totals crude Oil March Royality 15 189 Dalhousie Home 1 Home 2 186 Home 117 Model 1 totals Imperial 306 280 april 82 555 84 109 353 regal refinery receipts March Kalta Spooner Homestead Wellington Regent 970 738 april 231 605 regal totals april March february total i Abana Acme Oil Conda Ajax Amity Amulet Oil 10 10 20 Lilb 139 129 16b 1kb 261 5 Loa 5 s 35 i 15 15 16 5 1070 1070 62 123 Brownlee Balzac Oil 4b Barry 13 i 13 u base look Bathurst by Dewood 5 5 miss 30 30 Oil 10 10 Bunker Hill 3u 35 35 Calmona Oil 8 Al res 268 256 clerics 3i col Mario 15 Conwelth p 161 5 Oil 35a East Crest 27n Eldorado 60 ij5 58 Walbridge 125 125 foot oem Lake 10 10 Ito Uyn 175 175 160 152 1s5 151 Hollinger 710 715 710 Home Oil 45b Howey Gold 27 2j 27 28 400 400 400 Oil 1100 1100 1075 1075 Nickel 1195 1275 1195 1200 Pete 1100 1100 1075 1075 keeley23b 27a Kirk 7t 7t 73 72 1 1 Lake Shore 2735 2775 2780 Moss mines 34b macassar 35 33 35 37 malartic5 5 5 Mandy Basin 3 Mclntyre 2200 2250 2200 2200 Oil lib 207 221 2cf7 221 3 3 Newbeck 3v 3j Nipissing lob noranda2125 2175 2090 2090 Kosisko Pete Pioneer Premier Ritchie san Sherrit Elscoe Basin Sylvanita Tashota Teck Towa Mac 20b 160a 45 Vipond 90 105b Wright 275 30ib 28 28 la lob 3 3 80 so la 9b of 16 70 45 60 77 11 715 in 60 77 11 720 43 00 May 10 950 20 20i 13230 a 129 400 1500 2000 8000 506 2000 Uio 1700 495 270s Smi Tso 100 2500 280 2400 765 6300 100 1545 440 145j 3000 1000 500 145 6000 0000 too 1845 1000 3000 650 1000 a75 2800 130 4700 100 3250 1500 600 in 69 h 715 45 50 erratic Price trend Marks coast session Canadian press May of the majority of issues were erratic the Vancouver Stock wed a modest recovery during the morning session failed to hold and slight losses appeared in several of he leaders at the final the precious Metal group under the leadership of showed slight from firm opening at advanced sharply to and closed up 4 cents at the opening after Selling up to 73 eased to a close of 71 a gain of 1 Oregon Copper 1 cent o 711 while big Missouri dipped a like amount to 72 cents lome at cents was continued support gave and a net gain of 1 cent of 38 after reaching a High for the movement at 41 East Crest fell 3 cents to 27 while at 16 and Mayland at 34 eased 1 cent amalgamated was fractionally while crows nest at 9 cents s Wall Street gossip 4 special United news despatch n free press by free press private new May somewhat encouraged with the resistance put Forth by in Ket in the face of acut n such shares As american Tele phone and american move for lower interest rates by several leading new York oily Banks Likely to become National in Scops and May be a Poten Mal influence in forcing Back into the Stock principal Factor in keeping invest ment buying out of the Market s the instability of dividend latest Rumor says that general electric will slash its rate to annually at fridays break in prices of Many stocks causing embarrassment to corporations which recently offered employees Stock at prices higher current payment plans for much of this pre vent it from coming on the brokers in n Nicke and Noranda Advance on Standard associated press Toronto May firmer Price trend wednes on the Standard mining sex although most stocks were represented in the loss the Gold list was sales volume fell to fractional recovery featured both Noranda and International the former closing up to and the 25c to coast Copper and Sherrl Tgordon each made new in tie precious Metal group Mcintyre was off 25c to Lake Shore Down 20c to mining corporation moved up 15c to leaders in the Oil group were prominent in the loss column and four in the list made new lows for the Imperial fell 25c to a Low of and British american Down closed at its Low of consolidated Balzac British Dominion Commonwealth Dalhousie East Crest agricultural news More cattle billed for Export Trade seventeen cars of cattle from the ranches of Southern Alberta will arrive in Winnipeg Early thursday morning Over Canadian Pacific lines in route to great this is the second Large shipment of this Type sent to the old country this Spring under the auspices of the Western Canada beef producers As whose Jack Secretary and will accompany the shipment to win herefords from Pat Burns ranch form a significant percentage of the which makes Winnipeg a feeding Point on the Way to Mon in an Experiment to test the British Market with Canadia bred six have since last october been taken across the this shipment will leave Montreal on the Manchester Vancouver stocks Richard bin Jhom Cotton George Indian to Noble to Oregon Porter to Ruth to to Home to to May Calgary Oil Market Richard bin him Freehold Highwood Narcee Home open 17 30 5 High 17 30 5 Homestead Illinois Alberta Madison Mayland Mcdougall 7 Ivi Mercury new Mcdougal Segur Kalta new Regent Hochfield Royality signal Hill Spooner Sterling Pacific new 17 i 7 1i 3 i 18 May Low close 17 5a 1214 38 16via 30 5 5v4a 5057 7 in 1k1v4 40a 3 i 17 i 35 8 vib 5vi 2vi3vi 25a 11 312 City of Winnipeg tenders for motor replacements sealed addressed to the chair committee on Public a 111 be received at the Filce the under signed up to 3 Oclock on june 1st for six coupes and one coach to replace similar equipment of the hydroelectric instructions to specifications and torm tender May to obtained at the office of the City of Winnipeg Hydro electric 55 Princess the lowest or any tender not necessarily Stock dividends Mercury a Turner Valley com has announced a 5cent Divi payable july 2 to shareholders of record of june British american Oil has also declared a dividend of 20 payable july to shareholders of record of june declare dividend new May ors of the american Telephone Telegraph today declared the regular quarterly dividend of a share on the capital payable july 15 to Stock of record june important interests reporting to be liquidating Long positions in amuse ment opinion growing that railroads will put through moderate freight rate increases to meet dwindling City clerks May City notice in the matter of the estate of late of the City of win in the province of deceased All claims against the above estate must be filed with the undersigned 012 Toronto general trusts annl on or before the 22na Day of and must be verified by statutory the late Derby was during his life time proprietor of the Derby specially manufacturing dated at this 18th Day of Armstrong Hughes solicitors for Ethel May notice hereby Given that the Union Marina and general insurance of has been grunted a certificate of registration to write tha following classes of insurance in the province of Manitoba Inland transportation plate sprinkler insurance against dam age to property of any kind caused by the explosion of natural or other and insurance against loss or damage property other than growing crops by Canadian chief ;