Winnipeg Free Press (Newspaper) - July 21, 1931, Winnipeg, Manitoba
14 Manitoba free july 1931 another Cut in red Coulee reduction of 15 cents a been announced by news of the business world Trade and Commerce mines and the Money Market interim report o mines for six ended june 30 profit of moderate upturn Marks lethargic Wall session transactions fall below for first time in Over five years special a Ltd despatch to the free prp5g by free press private by Richard Ridley United financial new july business on the Stock barely paid transactions fell below the minion share Mark and were the lowest Levels in More than Elva bulls and bears fared Little prices holding narrow and closing with Small aside from minor buying operations in a few Low priced the list was devoid of dealings were to pathetic throughout the five hour Perl Ort and intervals of fevers minutes occurred Between successive sales at action of the list cd Carlo indicated the uncertainty Over the outcome of the Aid Parley monday in few traders were willing to Harrt a intr Side of the Market until the probable results the conference can be the bulls had Trio worried by the quiet bears who had put out Large snort lines last were disposer to cover their this while provider enough support to carry the list slightly interests issues took advantage of tills situation to bid up their Winnipeg stocks listed Beaver fire fire steel no life Home 100 2j no Pell Silers Royal Bank of canada100 steel 100 unlisted Beaver lumber 100 Beaver lumber no Blue ribbon Blue ribbon Oil and National fire Canadian indemnity100 City Dairy 8 Crescent 100 life 10 paid 100 North Star Oil 5 North Star Oil Prairie cities no Grain Reliance Grain no life 25 paid Western breweries 10 flour Mills 10 Western grocers 100 Western grocers no Trust no broken Dominion of Canada War 5 1931 5 1337 Victory 5s 5i 1937 1937 War loan 5i 1932 refunding 5 1943 4vi 1940 4 it 1944 1946 conversion 4vi 1956 1957 4vi 1958 july bid ask 125 85 28a 15 x490 50 15 14 30 1 245 60 90 19 36 40 10 26 125 80 89 x25 x30 90 45 15 545 1959 my and Oil stocks new York stocks Logan Bexan Meabon nov Fork Stock a Icban metals High Low 5 14a n 10 13 Ovi 6u Iti smelting Anaconda Calumet Calumet Hecla Cerro do Pasco dome mines Cranby great Northern Nickel Ken Newcott Nevada Park Utah Phelps Dodge Joseph Lead Par in 51 200 50 150 20 july net open High Low close change 35 41 1 25 10 150 100 100 200 60 200 100 200 100 35 27a m 15 14 20 Lova 34i 7 17a 11 10 27a 40 tvs 11 14vi u4 1014 1 1 1 invt motors and accessories 295i solvi 6 3 Vij it o 25i 2v 22v4 9a 74i 48 31 5211 26 11 8 19 4 35i 40 to 10 11 26 20 4h 3ai 5vi 6 8u Auburn aviation Bendix aviation Briggs motors Collins Aikman Chrysler Curtis Wright Eaton Axle Auto general motors Goodrich tire Goodyear tire Hudson Kelsey Hayes Mack truck motor wheel Mullins body North Overland Packard Stewart Warner Studebaker United rubber yellow truck 10 100 100 160 600 300 300 100 200 300 150 400 10 10 40 10 120 160 3j4 3v 21 12v4 2 13 a 23 3 40 37 13v4 40 10 Lovi 26 3 4 10 17 27 21v 13v 15 i 40 13v4 Gimi 12 a 40 12 i 15 40 i 13 Vivi 18 14 8 26 27a 8vi 4 lots n v 27 26 i i a steels and equipments at the Small gains shown by All classes of stocks in the Bow Jones were industrials advanced Points to rails Point to and utilities Point to few were More than a because of the Harht Many of the commission houses were to cover their operating sex rinses with their As suming that shares represent f1 purely commission business and the average Price of the shares traded the total commissions col is Ted approximated this Fly tires out s1so rach for the thousand Odd Stock commission similar conditions prevailed on the curb where Only shares changed the full session since the curb Exchange Bisgaa compiling sales five years German Bonds Active More interest was in other German Bonds were Alana Amulet Arno sip Missouri Central pm Lake turned Over ending Howdy Gold Granada Rouyn Hudson Bay Nickel Ireland Lake Lake Shore Mariy mine Manitoba Basin Mclntyre a pissing Mier Antonio Sudbury Basin Eck Hughes read Eli Yukon Vipond Vait or Echt Hargreaves oils erne soc Oil Balzac Calmont Corn broke More than 2 cents a Bushel on improved while Cotton spurted a Bale at one foreign markets were Stock trading in both Berlin and London attracting scant typical of the movements on the Exchange was the action of steel opening 4 Point higher at the Stock got As High As 95s and closed at 95 for a gain of 14 it never sold below its trading in this corporation Commonwealth East Crest Foothills Inper Lal Pete Nordon petrol Royality sin Psi no 1155 05 19 02v4 10 05 20 03 no no no no no no 82 115 330 600 no 1435 i 63 is 2625 is 07 it 03 2160 180 s5 100 no 1915 65 no 15 no 40 sin 51 no no c50 100 70 100 276 sin no n sin 16 113 c3 06 16 no 1110 no 1205 2 650 no 1200 84 125 08 i 30 140 610 450 1475 61 2650 10 03 2225 185 115 1940 70 17 660 155 47 155 2so 17 120 10 04 16 18 25 20 27 37v4 30 vib 70v4 131 i 63 1s2 70 58vi 50 36 152 Iso 30 Vij 25 13 15vi 2hi 75 39 38 32 23 10 32 20 83 i 23 ii 20 i Brake shoe car foundry rolling Mills steel Bethlehem Crucible Foster and Wheeler Ingersol Rand Inland Harvester Ludlum steel Otis elevator Pullman 240 100 100 400 100 600 100 200 400 250 250 Tomsen roller pipe and 0 u u steel pfd100 250 400 300 200 700 700 29v 18 17 i 21 vib invt 44 32 i 44 95 45 42 12vb 40a 31a 15 35 22 21a Xcvi 45 32 73 vib 44 vib 13 41 21vb 44 31 72 ii 4 3a 25ta 42 45 3214 44a 26 r 2 v4 it Viivi 1 42 13 41 Ivi r 22 i 94 22 95a Vanadium vis Stinehouse air Brake 31s 200 25 railroads 12 203 Cau 40 46 vis 43 c9i 23i 42 cot 13a 64 62 103v4 133 Chi 54 27 35 43 10 14 713i g3 Allegheny corp Atchison Brooklyn Manhattan Canadian Pacific and Ohio Northwestern Northern Texas Pacific common new Haven 100 1000 100 400 250 250 400 250 new York curb 9 67 27 205 137 9 Northern Western and Southern Pacific Southern Union Pacific Lla Ryland 25 100 100 too 100 Ico 100 100 100 100 100 100 Ico Coo Coo 500 7vs 162 9 153 35 i 15 2jg 85 70 i 33 11 j 32 25 i 162 10 i 26 35 31 47vi 26 85i 71i 40 v2 47 25v1 25 Vii 161 i Lovi 35 30 i 3 5 a 30t4 47 26 71 4 40vb 11v4 47 High Low Slot 13vi United fruit alcohol Warner Westinghouse Woolworth Par la ii 400 200 125 77 28 4 14 54 107 54 total 50 10 50 400 240 400 net Onen High Low change 58va 30 29 30 7 7i 7 4 67t4 67h f i 67 68 t 67 60i 67 4 to Montreal stocks Abi Tibi and Alt lib Atlantic sugar brazilian Bell Telephone Power a Power b packers Bruck silk Mills a Bronze Mcdougall Cowans open High Low close 3 19 21 21 21 139 37 37 37 11 a Ivi 7 32 22 139 37 broads 105 and Lla Lla Lla Lla 19 Cement 10v4 10v4 10a Lovi can Cement 89 Gypsum 8v4 a 8v4 8v4 alcohol 3 60 60 60 60 c p 26v4 wet 26v4 26 13 13 13 13 Cockshutt plow 5v4 5vi aaa 36 Dominion 32 i 32 v4 32 i 32 it Dominion Glass 100 Dominion textile 70 70 70 70 Praser steel wares Gurd Hamilton Nickel 14va he Power 69 Lake of Woods 8vi Massey Harris 4 Mccoll Lla Montreal 43 National brew 27 steel car 20 Ogilvie 200 200 Price Eros 32 Price 32 4414 Quebec 33 33 41vi 43 steel of Canada 29 29 steel 31 12vi 3vs 25 25 25 25 43 27a 25 84 14 200 44 32 29 44 43 29 Montreal sales i 3 i 600 400 3 i 1000 161v 13 162 161 182 oils 23v4 Ali Atlantic refining 143a Vul Barnsdall a cont of 22 for Epcot Texas Asphalt 6 Houston new Seaboard continent Hammond 1 july open hich Low close 12 42 44 14 19 i Loo 100 100 300 300 Ali Ssue was a handful of Low priced favourites like Standard 311 of Nev and general Bronze urn shed the major part of the both the Oil and Copper groups showed greater than average oils readily responded to moderate buying on the general feeling that the Industry was rapidly approaching crisis after which conditions would Jet Standard Oil of new York was helped by indications that its proposed merger with vacuum would o through without a hitch Ard by reports that the regular dividend would be voted at the next although not earned in the second coppers were aided by reports of increased Metal buying by both France and German gains in these were Small the group working in Chrysler found the Way easy for the greater part of the sure out Bice profit taking was attracted by the other motors moved sugar issues made a vigorous response on a further increase in refined while in the specially turned Over in Large clocks at an Advance of nearly a Point strength in this Issue followed announcement by the company that a dividend of 25 cents a share had been declared last the first declaration in several of 125 1264 124vi 126v Cyna mid b 7vi 7k Jyh Gas 67 63 61 83 super u 11 Marconi 2 cities 10 Lovi 10 Bond 39vi 40vi 33i 40u Ford of Canada 17 Ford of England 11 12 11 12 Fox theatres Gulf Oil 58 58 e3 Goldman Sachs 6a 6a Humble Oil 61 61 Imperial of 12 12 11 Petroleum Lavt 11x a 33 33 b 8 8 Niagara Lavt Hui pen Road 6 6 Neuls paper 12 13 us 13 Swift co Oil of 27 27 21va Oil of is i r 18 i stocks Richardson sons july Burt 35b 35b 13 12 12 12 canners set set Canada bread dredging 29vi 29 bakeries 6i 8j vinegars 17b 17b 300 200 200 200 Canadian of Lovix love a bakeries 10 10 10 10 Consumers Gas 183b cons ind i5i 15 15v4 1514 stores 2m4 22 22 u 220 Durant of Canada 4b 4b Rord of can 17a 175i 1714 steel 7b 7b goof year of 98 38 98 98 set set set set Hiram Walker 5yib of Loblaw a la vib Maple Leaf 6666 Maple Leaf 15 15 15 in photo engravers 24v 4v4 service station vib 1114 Lla Lla Standard paving 7 7 7 7 super test Pete 17 17 1 17 Waterloo 3 flour 6b 8b losses balance gains on Dull Toronto Canadian press despatch july trading on the Toronto Tock Exchange continued quiet on monday and the ratio showed gains and losses breaking even at with 19 turnover amounted to new York was marking in View of the Lack of any clearcut developments during trading hours in the european and the local Board followed the International Nickel registered a gain of for a close of brazilian traction at 21 was Canadian Pacific was a half Point under Light while smelters lost oils were listless under Light British american closed unchanged at 10 Imperial picked up a half Point to and International gained 54 to steel of Canada advanced Jersey was markets associated press new july Copper steady spot and Iron 2 Eastern Pennsylvania Buffalo Alabama tin spot and future spot new York Louis Zinc East spot future Antimony at London Standard spot future 10s spot future spot future spot future spot 12s future 2s Tork sugar Logan Bryan july California crude Oil output in week ended july in averaged barrels increase of daily Over previous according to California Oil 15 151 1m 157 157 Tell 145 Ltd 145 145 143 112 Hammond Nanton Stock brokers and financial agents Nanton building Winnipeg experienced advisory service at your Montreal Stock Exchange Montreal curb Market Winnipeg Stock 51 19 52 i 26 36v4 26vi Petroleum Phillips Prairie pipe line pure Oil Royal dutch Sheil Union Sinclair Skelley of of of of Texas Union Oil of 25 100 131 25 25 25 25 250 100 160 200 200 27 21 87s 17 7t 1 15v4 15 Mcdougall Cowans july 11 Oclock sales at 20 at 20 at Bell at 25 at Ogilvie flour at at 11 at 35 at 10 at at at wire Gaile at Hamilton at at at 25 at 10 at Power at at 100 at National at 10 at at 25 at 85 at steel of at at 1 at 10 at 5 at 85 at 225 at at dissension is seen among holders of firms shares 10a 10i 37 373a 31 4 4 2 33 33 j 23 16vb 24 23 utilities 1 Oclock sales Atlantic at can at Brazil at 115 at 0 at 95 at 50 at Bell at 50 at steam at can at at can at Hamilton at Iron at at int at 815 at at 85 at National at 50 at 50 at 25 at 70 at National at Price at Power at 44 95 at Quebec it 10 a at at 11 at 10 at Montreal curb Hammond Nanton july 2 Ivi 30i 130 i 98a 55 20 2v4 82 201 80 129v4 45 12 109 191 141 61 30 31 3s 44 54 67 250 96 54 v4 Abi Tibi and and and and water works Bolyn Union Gas Columbia Carbon Columbia Gas cd and consolidated Gas Detroit Edison Power and Lott system and Power and North Pacific 25 Pacific Peoples Gas 100 of Edison 25 Standard 54 i 31 17 18 20v4 56 33 1c3v4 72 36 55 25 s Stone and Webster 16va United 25 United Gas 100 Soo 500 500 500 200 40 400 Soo 100 200 200 100 10 200 300 000 340 200 350 300 75 120 29xi 177 50 109 31 i 93 160 33 31 25 69 a 103 80 44 61a 31 29 30 294 30 r 178 50 177 49 178 49 Oil end distillers Eldorado open High Low close 31 31 8v4 94vi 93 39 24 33 25 63 38 24 3 Ivi 25 68 47 31v4 8 94 i 24 32 25 69 47 1 Gem Lake Hiram Walker Imperial Imperial tobacco utilities b Petroleum Moss Noranda Page Hersey 197vi 196 197v 80 79vi 80 5 Ivi 3vi 1 23 29 61 30 22 29a 62 it 31 it 23 29v4 miscellaneous industrials 109 70 102 42 18v4 1295i 92a 45v4 38 31 18w 28 21 69 123 132 11 4vi 2 7gvi 32 43 air a eduction Allied chemical Allis Chalmers beet sugar can chicle ice 11 43 98 102 1v4 i 47 19 29 170 16 11 62 12 86 18 48 26v 78 to 107 185 a 38 54 55 57 15 36 16v4 i is h 28 s 27 34 91 53 62 i 20 39 83 33 x 50 2 45 v4 39 71 it Sta 2814 53 65 it 20 11v4 63v4 3 v4 8 23 20v4 3v4 18 75i 7154 13 6 10 6 40 3 55 6a 33 Xvi 6114 71 118 4 11 36 43 29 3 21vt 8 21 7 2 Lii 40 8 it 25 18 is 63vv i 11 66vi 18va 15vi 26 18 1 8 be 12 n 1754 40 38 it had Lator sugar tobacco an tobacco Woolen Armour a Armour b Borden Burroughs Canada dry certain teed coca cola graph commercial solvents Cong oleum Continental can Continental shares Corn products Coty Cudahy Dominion stores drug Dupont Eastman foundation pox film general electric general foods general general theatres Gillette Gladden Gold great West sugar Grigsby Grunow Hahn stores combustion Johns Manville Kelvin Tor Kreuger and toll Kroger 100 25 25 100 25 23 25 300 200 400 300 100 500 78 77 78 118 119vi 118vi 119v4 26vb 26 26 3 3v4 3 3 104 104 103 i 10411 23 22 22 14 14 14 13 13 i 13 57 57 57 2vi Ivi 22 14 57 119vj 123 124 123 i 1 4 41 it i 2 300 75 100 400 120 400 400 400 160 300 400 250 28a 10 20 Liggett and Meyers liquid carbonic Loews Lorillard Macy May stores Montgomery Ward biscuit Cash Dairy Paramount Public Pathe Penick Ford Proctor and Gamble radio radio Keith Raybe Stos 25 b Safeway stores Savage arms 4 Schulte retails 44 Sears Roebuck 3bvi 3 Shubert 10v4 Simmons 15 Standard brands 1 tobacco 63i Tran Samerica 40 Underwood Union Carbide 160 160 100 300 300 250 260 400 ibo 240 240 260 300 500 200 120 120 40 500 2 1 57 40 143 146 9vi 17v4 17 11 51a 51 i 47 Evi 3 40 22 i 73 89 a 146 b 157a 414 48 34 3 22 i 10 23 10 3vi 6 2vi 52 2 58 57 58vi 4 1 1 1v4 143 146 9 17v4 17 11 50 12 i 51 66vi 65vi 4071 22 73 i s9vi 17 49 3 22 40 22v4 73 40 22 73 i f it h1 6 2va Lovi 26 20 2dvi 29 i 44 79 34 20a 58 23 34 23 i 1 40 34 64 13 14 52 55 13 7 21vi 16vi 18 18 7vi 48v4 50 46 80 34 20 59 35 24 41 13 14 20vi 52 13 8vi 16v4 18 18v1 7 16v4 41a 48 34vi 3 2 Ivi 27 9 5 us 52v 10v4 20 29a 73 i 44 21 79 20 v4 25v4 3va s3vi i 40 14 20 51 13 i 7 55 i 21 16 17 17 7 17 42 49 34vi 3 21 28 3vi 5 2 52 11 s0 29v4 46 31a 80 34 a 20 59 25a 35 24 41 64 18 20 52 13 Svi 56 4 t 4v4 4v 4ivi 1m 41 18 i 18 18 i 7 50 48 50 1 service stations lib Siscoe Gold 47 10v4 26b 814 84 5a 124 9v4 7a 11 38 1925 1950 80 5 12v4 9 32a 8v4 84 3aa 5a 5 12 9 i i 3714 1925 48 11v4 37 1950 80 12a 48 foreign Exchange the United states Dollar was quoted at a Premium of 2164 of 1 per the Brit Sii Pound was quoted at Par value Austria Belgium Bulgaria Czechoslovakia Denmark Esthonia Finland prance Germany Greece Holland Hungary India Italy Yugoslavia Latvia Lithuania Norway Poland 11j22 Rumania Spain Sweden Switzerland Japan Hong Kong Price today Toronto Cubb Mckay july to to to to to to Castle to to Graham Jackson to Laval Moffatt v to to to to Thompson to to to to to Pawnee to 3 South Sudbury Sudbury Walsh to of to Bunker to new York Coffee d december March May july Logan Bryan july contract 377 878 860 880 890 890 873 697 897 832 840 849 828 883 858 873 88 828 my Silver is associated press new july futures closed steady quotations cents Montreal Stock averages tie average Price for 20 representative securities listed on the Montreal Stock Exchange monday was an increase of from saturdays the average with net changes for the past follow july july july july july 20 18 17 16 15 july july 13 july 11 july 10 july july 8 july 7 july 6 july 3 july 2 june 30 june 29 june 27 june 26 june 25 june 24 june 23 june 23 High Low Price 193031 net change 4 15 1929 trend is steady in Dull session Montreal Mart Nickel gains fractionally As Active de Clines 18 Point Canadian press july on the Montreal Stock Market was extremely Dull on with Only Odd shares changing about half of fridays the leaders continued to exhibit a steady and among these Small gains net gains and losses were evenly distributed at the close of and in very few instances did the movements in either direction exceed a the Index recorded a Small fractional reflecting the steadiness of the final prices included Atlantic unchanged at 24 1 higher at 37 off 4 at drillers hang up at what is believed to he for underground Diamond in Canada has plated at the san at Rice like by the travers o according to d j mine two under the direction of Diamond dry Lam 7p feet in the month or feet this no Cord was accomplished consisting two shifts per and the of fe3eth0los Varlet Roebuck Fitl gain in special United Siresi despatch press by i tee pro so prime july and company reported seventh business period of 1931 19 to july has been the favourable of the year and earnings Only one per those of the similar period b the sales of the period 1 Canadian press july is very to says the sunday that a certain amount of dissension s apparent among shareholders of the Hudson Bay the new major Ashley has Jeen Able to build up a Strong and influential Board which should be Able to set in motion recommend on of the committee of investigation and bring about a revival of the fortunes of the it might be suggested that the proprietors should give the governor and his colleagues a fair Chance their arduous task of there Are difficulties mainly associated with the depressed Busi Ness conditions in it is necessary for the proprietors to give new governor every support and prevent once and Tor All irritating the vigorous initiative of the government has quickened Canadian the newspaper enter prise is astir the Hudson Bay route is to to opened experimentally this Ontario is setting her unemployed to build a Section of the Tran Canada the Prairie j provinces Are turning their thoughts to development of their Mineral clearly the Canadian people believe in their like the the sunday times strongly advises shareholders of the Hudson Bay company to support the new government and i conditions in Canada change very and with capable management the fortunes of this great historic company can be re but there must be no divided the newspaper the London times of july 4 has the following regarding the Hudson p Bay company Hudson Bay company shareholders of the Hudson Bay company Are being urged by Charles Nordoni to sign in his favor a proxy which he states is issued with the authority of the proprietors consultative which consists of 17 since the inquiry into the affairs of the com Pany the Board has been a new Ashley has just been after consultation with the governor of the Bank of and the new Board ought to without inter Ference or time in which to bring about an improvement in company this will undoubtedly take place with a recovery in general Trade particularly in in a circular to states that the proprietors consultative coun cil wish to have at least three seats on the Board to be filled by nominations by his no mention is made of the names of the men who Are to be we Ven Ture to suggest that shareholders should not sign the proxy in favor of but should wait for the annual which is expected to be issued in about a weeks Siscoe reports big increase in earnings july the interim report of Siscoe Gold prepared by general for the six months ended june states total production for the period under review amounted to with be fore depreciation and of leaving a mine profit of this figure for the half year exceeds the total mine profit for full year 1930 by during the half year Ore milled amounted to of an aver age Grade of per and re covery of per the costs per ton or Ore milled was exclusive of depreciation and regarding Ore Forbes these May be Majcen at approximately the policy of the management while recognizing the importance of continued to concentrate on development work with the object of establishing the existence of sufficient Ore to place the mine on further increased tonnage basis As Scon As our present develop ment plan has As its objective sufficient Ore for a 400 ton this Wilt naturally some months to current assets As at june 30 total made up of Cash in National Trust Bullion in transit Bullion at mine outstanding liabilities Are shown u Canadian unchanged in broken lots unchanged at 70 Hamilton up v4 at 854 up 1 at Power off at 44 Price higher at 85 tip 1 42 w steel of unchanged at 29vlau unchanged at of Nova off 2 at and Royal off at smelters lost to International was Active and closed at up brazilian closed at off closed at 10 off 4 total sales were Bonds or under last Jari sales of the like the Ems decrease despite the fact that we Haa declined considerably year indicated a Large gain Ujj the volume of will push Sale of British canned goods Canadian Tress i july the British i Crement is preparing to push Batisa i canned goods on the British Tom lord pin i said in the House of common j this afternoon we propose to i tempt better marketing of Bra canned fruits and British we propose to take selected not i and see if cannot supplant per1 haps californian canned fruits wit British Logan berries m i other canned it is also proposed to extend use of the British National Mark on British Johnston tether stated that As a result of being marketing arrangements for Briosi canned fruit it had been agreed to raise the Price to the British producer by 25 per say Cut in Oil prices is blow to Industry commodity new july the Normal reaction in sentiment which developed after the debt moratorium agreement became an actuality has reflected to a considerable Derree in the commodity says Standard statistics company of Stew in a current Survey continues in part prices of most volatile commodities receded last they Are in All but one or Tiff Well above the years of 40 major 21 8 advanced and 11 were weakness was most apparent in the farm products and nonferrous metals the former declining because of continued fairly favourable growing weather and the imminence of new crop again focuses attention on the Large declines in nonferrous metals Are a result of the Sharp advances of late unusual weakness occurred in naval following he demonstrated ineffectiveness of he cooperative Agency to maintain a in our no one Factor would contribute More forcefully to a genuine revival in business than a steadily rising trend in commodity and the Advance already recorded has succeeded in strengthening sentiment in most of the major raw material producing regions of the available evidence that recovery will be slow and subject to recurring periods of momentary at succeed ugly higher the chief As we see lies in the reluctance of the business world to assume Large risks after two years which the error of such policy Las been amply in other latent timidity for some Tima will counsel a programme of making a rapid profit turnover in commitments of every nature with a View to maintaining a condition of liquidity the universality of this will tend to prevent any Long sustained upward Price movement by compensating despatch to tile fret Prui july Knolto Cut in red Coulee a red Calm of 15 cents a has been this Means that operation Are now getting 70 cents a barrel la their operators Bellest this a severe blow to the int Otto and development contemplated i been a year ago Bel Coulee crude was fetching t today the Imperial Oil la paying producers Only 70 the Oil Man has taken a worse blow than the wheat an Oil Man said on to there has been no Cut in volume c Oil that will be accepted by the finery it is understood the Vanalta it Drill no further Wells this year on their red Coulee leases having Bun relieved of this requirement by owners of the its Askalia Montana is on top of the Vanalta Sands and is mating the Nellie Jane being finished by Williams and associates of is making Gas i should pick up the Oil Early wit slow Progress is being Bute at the Nordon Parco twin due to boulders interfering with the at Taber was shot this according to an Early night but no results Are to Keho Well is drilling in the Price Range is Maii on quiet mine Stessl dec Jan Mai maj jul oct Tork Cotton k Bryan july other 077 071 july cd Mats were of Small proportion in Mon Bijj trading on the Standard Stoat a mining with Market the Price ratio shows stocks 18 advances 17 with 74 issues traded Ana total sales of trading and Price movement Law base Metal group bordered on while Noranda Rose sue International Nickel closed changed at and other issues a the group were Gold stocks in Light trading steady to ing and r Lake Ana dome closed m interest was lacking in Oil and prices were to 310 International closed unchanged at Ana american advanced to dose Insi in p7l 1r2 953 up Bank James Richardson sons july 208 308 i 208 Bank 208 208 205b Binic 207 207 207 207b Bunque 164b bans 312b Bank 265 i 265 263b Royal 246 246 245 245b bans Toronto july the Treasury net balance for july 17 was expenditures for that Day were customs receipts for the month through that 1 Logan and Bryan brokers stocks Grain Cotton sugar and other new York Chicago main and Lombard Telephone 80 153 other Canadian offices Quebec Montreal Toronto Vancouver new Rock Stock Winnipeg Grain new York curb Montreal Board Chicago Board of Vancouver and other exchanges in Canada and direct private wires new York Chicago Montreal Toronto Vancouver Royal Trust executors and trustees Winnipeg advisory Board a my Tavah Campbell twi speak Coleman pm meet office Royal trait a Oval 436 main Street Amu under administration exceed
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