Winnipeg Free Press

Winnipeg Free Press (Newspaper) - August 1, 1931, Winnipeg, Manitoba 16 mining authorities estimate that Canadas Gold production will exceed in pre sent news m a Kish Autt uht 1b1 vib 1j Trade and Commerce of the by siness w orc a m1nes the Money Market predict higher Bank of land rates and German coinage proposals will assist Gold Silver production manager wholesale Trade fair in Winni Bui quiet in Saskatchewan cities the Trade report of Canadian credit mens Trust fioria for week ending August follows manufacturers report in whole Trade report a in fair volume is reported in wholesale groceries and dry retail Trade collections Moom boots and shoes Xii it groceries Ood whole Sale and retail hardware re Tail business generally although groceries reported 50 collections grocery Trade rather Aita Sugii t fair volume is reported considering pre sent hardware fair boots and shoes fair oils and greases still continue fair with very Little signs of dry goods report a very slight improve used sloths retail Trade in the City some 3eaver what improved probably due o passing through at this time of the collections in the Newyork stocks a bbv4n its Stock metals rat tins Metal 10 31 Anaconda 50 150 24ju Calumet and Arizona 20 37 Calumet and 25 Fiu Cerro 100 dome mines 100 ills Granby 100 100 great Northern Ore 200 Nickel 60 Kennicott 100 magma 200 Mckeesport 400 Nevada 100 Patino mines 20 smelting50 100 july net once Low close Chaase Loo 10i 303 16 11v 16 11u 131s 13 13 731 73vi High Low you 129 i Nej Cican Par in is 100 v open High Low Closi change 55 motors and accessories 140vi Alexander Fraser who has been appointed production manager Tor the Toronto and Winni Peg plants of Christie Brown phase r will make his Headquarters at 30s ii fair country Lair to the groceries and other lines Are inclined to with no signs improvement Verv slow wholesale exception 01 All he decidedly if immediate retailers Are obligations meeting but unable to make much 3iud ribbon reduction on old past Oil Little change has no been reported in business 100 Trade being very largely limited to Dairy 8 100 crops in the whole eds Monton District and the North j life scarcely Ever j change is reported c Oll no in conditions prevailing at the coast Reliance Grain 100 retail or Reinec Grain 400 Bendix aviation 100 Briggs 150 Continental motors Collins and 100 Curtis Wright Curtis Eaton 160 Auto 600 Fisk tire general motors Goodrich tire Goodyear tire Hudson Hupp Mack truck Mullins body Murray Nash North Overland Packard Reo Studebaker Timken Detroit United yellow truck10 142 24 Xvi 142 21 14 i 1 a 13 31c 3 3 30 s 13 i 300 394 100 8 300 33h 30 i 71s 401 26i 37i 39 Isle 32 30 26 10 10 40 no 80 13 h us 18 17v4 8 Villic co100 Home a nor Perl pc issuers Roya bunk 100 Ste pfd100 unlisted Beaver Lum pfdj100 comp Blue Hilion no no steels and Mills rolling Bethlehem equipments 17i 26 120 s9 4sox Caterpillar tractor Crucible Foster a Wheeler tank car Harvester Pullman Republic time can roller bearing steel steel Vanadium 400 100 Eoo 300 100 200 250 400 100 100 300 400 700 Ista 29vi 597a 23 a 33 13 29 i 60 231k 40 i 59 i 391j 33 13i 30 la 140 16 i 36 27s 54 23 i 39 23 37 13 28 i 139vi 26i 2814 23 i 39 23 i saw 327a 13 i 45 12 1095i 61i 31 335i 35 4474 901 54 67 Zilfi s83a 54 109 48 i 66 60 132 Lui 76 i 43 33 62 12 23 7s14 101 135 52 38i 82 30 17 5r 56 38 48 72 36 55 16 american water works Brooklyn Union Gas Columbia Carbon Columbia consolidated Gas Power and Light int system and Gas and Power and Light North Pacific Gas Pacific Light service of Edison Standard Gas Stone Webster United United Gas i 900 300 500 500 200 40 400 100 200 200 175 100 200 300 340 200 350 300 75 120 169 48 u loss 108vi 107 68 68 2 1 913 37 271 28 24 65 i 46 51b 78 42 29 v 37i 22 i 24 c4 45 51 21s 65 i 46 51 78 42 41v2 6u4 29a 22 a 28 i 24 65 i 4514 m 78 46 00 i 22 i bears fail to Force general reaction in several speculative shares suf Fer Sharp but other losses Are Small september wheat deliveries record lows on Board of Trade Ings at 48 and cents a Corn declined in 7m1 in the list Clay on 193031 broke 81 a new lows since to Many Small losses in Standard session Canadian cd Osses again dominated movement m miscellaneous industrials special Cable la the free by Richard Ciri lev United press financial editor ated at the Toronto volume was of 26 losses in Active with ratio to 10 Gams and 18 Friday with 35i 42 08 47 29 i Hill 13u 10 i air reduction Allied chemical Allis Chalmers Bank note i can chicle Woolen dry goods Best Borden Canada dry Childs 10 25 ice Radiator and safety razor sugar tobacco tobacco 300 200 200 400 300 60 500 500 250 200 300 240 55 200 100 250 76a 111 111 23i 73 43 13 u 3 i 3v 12 Active was unchanged at a Nickel lost to 12j brazilian traction registered a of a half Point to a the Oil group waa Reue rally pre 55 118 118 132 36 38 14 8 36a 57 38s 15 3511 56 is 33 any life 25 Grain g i breweries 10 i West can Pelcl 100 grocers 100 West grocers no no j broken j Dominion of i Laun i 5 Iai i 5 u37 Victory 5i 1933 i 5j 1934 1037 All firms report conditions As being fair to fairly Good with collections slow to report conditions and orders somewhat lighter than the weather is having an Adverse effect on Trade in All retail collections still Saint fair volume is re ported by the wholesale retail j Trade fairly collections just groceries in s Good dry goods with a few filling in orders fall i orders for boots and shoes very j manufacturers fairly clothing j a satisfactory volume is reported in retail Trade i a satisfactory week throughout the mostly due to the tourist wholesale collections very fair retail somewhat Normal activity is noted at the port j of the building trades continue fairly j Toronto wholesale and Manu trades continue he Tail Trade collections under the rust by act As disclosed by the can 100 Ada reported by the Canaj clean credit mens Trust j gig 100 limited for week ending july j Manitoba Ico show an increase of 19 no the previous figures no and figures for j no the whole period of the year to 100 above Date Are and Rouyn no an increase of 80 or 7 per no these Are div fled among the Hudson Bay no provinces As follows 32x 500 500 30x 11 45 15 433 railroads renewal is 1932 refunding 5 1913 4i 41a 11h4 4j pkg conversion 4 2 1056 412 1957 41 1953 1953 203 in 63 46 65 42 83 cola 64 109 i 205 133 43 5s 54 24i 27 35 14 53 i 71 63 30s 42 i 9 67 137 9 Allegheny Atchison Ancl Ohio Brooklyn Manhattan Canadian Pacillo and Ohio and Northwestern and Pacific common 100 1000 100 500 400 125 t Central new Haven Northern and san Southern Southern Union Maryland 25 25 100 100 100 Ico 100 100 100 50 100 10u 100 100 100 250 225 600 600 600 500 300 so 58 25 21 a 27 75 la 67 i 44u is 152 50 151 2451 34v2 ii 151 i 48 i 25 35 101 l2vi 4 80 i 24a 2818 27 c7i 35a oils mine and Oil stocks 10 1150 85 100 7 30 165 600 375 1930 o 2g 348 452 50 63 71 51 1931 4 32 50 362 449 60 94 65 67 24 14 1q 31 16 97 increase new incorporation Canadian press july incorporation noted in this weeks Issue of the Canada Gazette follow Dan vers Corinth Bruceton Sterling Oil Moose shares without nominal or Par value All Star 990 preference Par value each and common shares without nominal or Par value Midwest shares without nominal or Par Nickel no 1260 t Kirkland Lake 100 62 or i Shore 1002500 2 a Mandy mini 100 6 8manitoba Basin no 2 Mclntyre 2115 mining 500 1eo nipsising500 90 Noranda 1320 premier100 62 san Antonio no Shirritt Gordon 100 g2 Sudbury Bruin 40 Teck Hughes 100 640 tread sell yukon100 100 ventures no 41 Vipond 100 70 Wiite no 110 Hargreaves no 275 oils Acme 15 Ajax 100 120 of lip balt acne 3 calmont100 5 26 commonwealth100 12 Dalhousie no 17 easter Estop foothill sep 15 Home of lip 40 of lip 1205 Pete no 1200 nordon500 petrol100 22 Royal ten 650 6 j 20 i 26 12 1160 93 115 t 32 167 610 400 1230 66 2625 100 1875 68 15 645 155 43 13 125 10 5 Svi 15 25 1235 1220 16 24 12 42 44 191 20 Len 51m 52i 30 55 0 14 22 Svi 1 4vi 6 Slva 13a 18 mis 4 Atlantic refining Barnsdall control report Texas Asphalt Seaboard Phillips Prairie Oil Prairie pipe line pure Oil Shell Union Sinclair of of of 600 400 1000 154 11 100 100 300 300 26 75vi 152 Levi Texas Texas Gulf Sulphur Tidewater 25 25 25 25 250 160 200 300 36 i 33 18 23 i 57a Xvi 10 i 38 10 103i 36vi i 27 73 3i 64 74 35 76 153 ii Svi 10 a 36 1774 i i 55 62 i 20 3j 4 83 39 4 2 b 462 61 11 118 1415 Lila 36 43 23 3 8 21 7 10 i 25 18 18 56 20 i 36i Ali 18a is i 400 400 250 250 1go 300 400 11 i b6v4 s6h 39 33 commercial credits Coni Mercoal solvents Cong oleum Continental Continental shares Corn products 25 Davison drug Eastman first stores Fox film general Ferric general foods general general theatres 34 Gillette 21 a Glidden Sti Gold dust 250 49 great West Sugai Grigsby Brunou 3 Hahn stores Hershey Cement combustion Johnsman Vilie Julius Kelvin Tor 10 Kreuger toll 20 Kroger Lambert Liggett meyers25 liquid carbonic Loews Lorillard Mathieson Alkali May Montgomery Ward biscuit Cash Dairy distilleries Paramount Public Pathe Penick and Ford Coal 36 57 33 15 814 13 u 47 4 74i 87 135 561i 15 16 30hb 40 49 43 1 87 139i 16 40i 21 49 400 400 160 160 100 800 300 300 200 250 301s 2 n it 21 49 utilities Abi Tibi american foreign Power 26si 27 8 Fivi 51 Proctor and Gamble 52j2 24u purity bakeries 12 radio 24i Lulli radio Keith 57a Remington Rand 40 3814 Safeway stores 12u Savage ills 4 Schulte retails 634 Sears Roebuck 291s Simmons 20i 15 Standard brands 314 tobacco produce 18 6v4 tra Samerica 75ti 40 Underwood 71 i 43 i Union Carbide 67i United fruit 77 24s alcohol 13b realty 8 h4 Warner Bros 107 i 54 Westinghouse 72 54s Wood North 100ii Worthington punic 260 200 250 100 240 300 500 200 120 40 500 260 400 200 125 45 a i 22 33 14 20 i 86i 25 a 25 lib 39 7 27 14 0k 50a 6ia 14 6vi 55 13 15 18 3i 7 43 48 18i 31 65j 73 19 33 32 5614 3 a 481i 3014 Sou 11 1771 301 65 72 46 to 19 33 33 25 23 33 23 25 23 3714 35 6412 26 49 26 i 17 13 8 50 i 62 10 100 400 250 total per c2i 68 i 40 48 57 274 58i 67j 41 40 48 i 57 i 154 a department Justice in Advance in Price of Mcdougall i open abitibi4 Abi Tibi Atlantic sugar cd Bell telephone138 a july High Low close is 1815 181 138 138 36 Loli i2 b packers Bruck silk Milis bldg cd 21 Bronze 21 Bronze pad 105 car ii u 20 20 Cement 10 la Cement c4 60 60 Gypsum 8i alcohol Cockshutt plow 5 93 Bridge 32 Glass 98 Fraser 1 25i Bridge Nickel Canada 13 63 Lake of woods81i Massey Harris 4v Mccoll Oil Xvi Csc 45 National 36 10 is ii 20 10 Fil 60 1814 138 36 101 n 20 10 81 60 25 25 25 i 13 32 25i 1214 2514 steel car Ogi Ivle flour Mills 190 Price 31 Power 43 Quebec Power 33 Shawinigan 413i steel of 271 steel of 34 11 mpg 54 Lulli 45 26vi 43 33 42 27b 11 44 i 26vi 43 33 41 27i 4 Levi 26 i 43 33i 41 foreign Exchange the United states Dollar was quoted at a Premium of 516 of one per the British Pound was quoted at Par Price value Austria Belgium Bulgaria Czechoslovakia Denmark Esthonia Finland France Germany Greece Holland Hungary India Italy Yugoslavia Latvia Lithuania Norway Rumania Spain Sweden Switzerland May rectify ill adjusted balance of Gold and Silver special Cable to the free government in England to Check Japan yen Hong Kong Toronto stocks James Richardson k sons Montreal sales Mcdougall Cowans 11 Oclock sales july i at brazilian at 145 at 115 at 25 it 125 at Bell at at steam at at at 35 at Cement at 20 at 15 at Iron at 100 at Hamilton at at at 95 at 325 at 25 at 165 at at at Mccoll at 25 at 45 at Montreal at 50 at Power at Quebec at 50 at at 140 at 125 at steel of at at 40 at Burt canners bread dredging july bakeries 7 vinegars 34b 11 lib 8b 4vbb 28vib 17vb 200 Oil Golib bakeries 9b gas183ib 211 Durant of 4b Pord of Canada 167ab Frost steel 5b Goodyear of 100 Gypsum Lime Hiram Walker Kelvin Tor of cat Laura Loblaw a Maple Leaf Leaf photo engravers service pains super test Waterloo 7sb 41kb 37b 6 6 15 15 z4b lib so 17b s1 3i 8b 34b 12b 8b 4v4b 9vb 7 17 lib 200 Golib 9 lib 183 vib 15b 2 21 i 4b 167sb 5b 100 7 lib 4 lib 37b 6 15 24b lib 5ib 17b 3i 8b Send Money safely j Royal Bank Money the most convenient and economical Means of sending Money by pay Able anywhere in the United states or the British Isles issued in either dollars or the Royal Bank of Canada stirring Canada since 1869 i Oclock j brazilian at Bell at i at i car at i at 325 at at Cement at at 10 at wire and Cable at 25 a at at 25 at t5 at 55 at 15 at 55 at 25 at 10 at 25 at Power at Mccoll at 200 at Massey at Montreal at 10 at National at at 10 at 65 at steel of at at new York curb Hammond Nanton july open High Low close july developments seemed to Promise rec i Tif cation of the ill adjusted balance in the worlds Gold and a Factor in the the problem with Gold is the concentration of the bulk of the worlds Supply in two the United states and economists say this strains other nations in keeping to the Gold with it is the Low the ill effects of the depressed Price Are Felt by Silver Many of them in and by which is on a Silver to the Low Price is the drop in chivas in affects the rest of the Treasury officials Are hopeful that the Bank of England increase in its re discount rate will attract the Gold from the United the same end was sought vainly in re verse manner when the new York rate was lowered some time ago to one and a half per economists believe the Silver situation May be helped by the proposal of the German government to Coin in Sliver Reichs which will require Large out Side and the proposed floating of a loan by the Indian count the Sale of Silver in the Indian government has been feeding Silver on the world incident to the establishment of a Gold Exchange basis and this is held responsible in quarters for the depressed Price of the the Bank of England higher re discount rate is designed to break up the concentration of Gold in the United and to prevent fur ther of Gold from England to the action was taken with the knowledge of the United states Federal Reserve which will keep the rates Here at their present Low Gold has piled upon Gold in the sew july u tempts or the bears to Force a general reaction in the Stock Market met with Little Success on a number of speculative shares suffered Sharp sinking but the main body of stocks Only moderately lower and mustered enough Power to recover most of its loss before american rained s Jor close of Imperial lost for close of 12 while inter nation Petroleum was unchanged at 12 preferred stocks came into play downward British n feared lost to and Cana Cement preferred trip Jed to 81 the common j to heavy professional Selling made its appearance at the opening on the theory that a break in the the Ford unchanged at Canadian pad was weaker at 23 and Bell the below their recent support slipped to would cause a general this reasoning attracted widespread stocks and Bonds Selling in shares that led the Billoti a the pressure 31 with Little interruption to the bid aft steel common was a bulwark of of Iff meeting of support every time it approached us years Low of it touched a Burns units 15 Calgary Power 6 go Canada life 685 of 33 and closed with Only a 33 tonal loss at failure of 2nd t Leader to break was encouraging loan Bull forces and Lent strength to life j2 Continental life i2rf go High Grade lorm 75 Adverse proprietary is 28 the Market was forced to trusts 173 with news of an Adverse life further Breaks in Cotton life 35 Grain prices which sent them to new seasonal lows overnight omission life of traders finance 14 the Nickel plate dividends and Empire life 2i that the department of Justice life 20 investigating the recent Arlie Advance were but traders refused to be stampeded into Selling their this province 1951 rep Harnois Potter 1959 go City 1935 Erith american Oil of important Selling was 1345 by decreased 1343 so amounted to shares City 1370 shares Selling tactics centred chiefly on shares suffering from dividend 1947 Canadian National Dominion 1556 Canadian Pacific 1960 certainties and issues of 1950 97 with unfavourable 1334 Loo Case was the focal Point of the realty 91 crashing More than 6 Points at one time to another new Low for Grain greater Winnipeg water in addition to prospects of Early Adverse dividend Lime a 1048 was induced by the less 1951 agricultural Outlook As indicated 1947 the Sharp Breaks in various farm commodity Westinghouse electric was 1049 91 United Grain 1948 Western 1943 Western 1948 n Large blocks on dividend steel 1948 while Nickel plate City 4k 1961 lost to a record Low of 1954 on a single Sale overnight elimination of the 86 annual curb Issue Selling at its i Price since listing in common lost 5 Points to i to Van Sweringen issues suffered to Selling although to Baldwin 1 to and the key Road in the 1i to and the to Cipal Revenue held to rails Bosquet 1 to other Railroad shares like Manion York Rock Chicago and Northwestern and Moffatt 11 to Crown broke sharply in sympathy with 13 to Van Sweringen among 4 to Ilgah priced Industrial to Allied chemical and Eastman to were Underwood Elliot 2u to Bobio 3 to was a weak spot in the of to breaking 3 Points to a to of on dividend 7 tobaccos absorbed considerable to amusements again were while Bethlehem steel rallied 22l to South 3 to Sudbury mines to 2 Points on better than Iri to dividend action and second Ivi to earnings made Public after the of the Market last 18 to relatively Small losses were shown in the do Jones selections 5 to Bunker 2l to trials lost Points to York Coffee Points to and utilities Bryan Point to much speculative attention contract was centred on the Grain and 844 844 s20 k modify which partly 857 857 835 w counted for the relatively Light 868 r68 850 850 september 820 820 800 8k ing in both the july 810 i Logan and Bryan stocks Grain Cotton Coffee 1 and other new York a Way far beyond of fabled King states in the imagination the Domestic Supply is around nearly half of the worlds a Federal Reserve report Frances total Stock is some economists hold there will be no major outward movement of Gold until the United states begins Toby from other nations on a much larger scale or begins lending on a Large they do not see much Efficacy in adjustment of Dis new York Coffee Logan Brynn d december March of Cyna mid b and super Power cities service electric 4 Ford motors Ford of England Fox theatres Gulf Oil Humble Imperial Oil Petroleum Hudson pen Road Regis paper Swift o of United vacuum Oil 111 63 in 63 104 57 37vs m ii 565i 101a 1074 24i 24 20 i 45 i 110 Kiiji 9 37 Lulli 561i 10 Xvi 18i 45 i september october engineers Public in 12 set sr0 869 months ended june earned a common share against in previous 12 Montreal Stock averages the average Price for 20 representative securities listed on the Montreal Stock Exchange Friday was a decrease of from thursdays the average with net changes for the past follow july july july july july july july july july july july july july july july 193031 High Low Walker is Active on Montreal curb Mart Canadian press july the Montreal curb Market continued Dull on with few Price changes of any the heavier turnover in Walker was a transaction for the Day involving with the Price sagging net to among the oils Imperial eased Beauharnois was considerably firmer closing Ujj higher at on sales of 230 Moss mines was the Active Fea Ture of the mining with sales in and closing at off a Small Paris main and Lombard Telephone 80 153 other Canadian offices Quebec Montreal Toronto Vancouver members new York Stock Winnipeg Grain new York curb Montreal Board of Chicago Board of Vancouver Stock and other exchanges in Canada and direct private wires new York Chicago Montreal Toronto Vancouver Hammond Nanton Stock brokers and financial agents Nanton building Winnipeg experienced advisory ser vice at your members Montreal Stock Exchange Montreal curb Market Winnipeg Stock Exchange j new York Cotton Logan Bryan july december886 889 858 853 january898 893 871 March p20 320 893 May 934 934 903 october 863 865 336 Down National Trust company limited j Leaeu under administration executor administrator trustee Corner Portage Avenue and Garry Street Allan manager ;