Winnipeg Free Press

Winnipeg Free Press (Newspaper) - October 21, 1931, Winnipeg, Manitoba Manitoba free october 15 Winnipeg Grain fluctuations tuesdays produce Cash wheat firm and Good buying nearby futures strength displayed at with and foreign interests buying Irwin ignoring a Evaker Liverpool table and an tread m 58v0 34 58 Mey 33 31 May 32 34 i May 36vi 92 94 May 100 99 38 i 3873 May 59 58 62 33 31 Kab 32 i 34 i 36 92vib 100 i 38 38y8 41 i 58 58 57 60 32a 33 35 92 94 99 38 e a 40 5914 58 61 if 61 32b 35 b Prev last 58m 94h 57 61 32 b 31i4b 34 34 b 36 94b 95b v 38 41 72 72 70 7958 34 32 i 28ya 30 36 139 127 38 american Grain fluctuations Chicago wheat dec March buying in evil of Oit rings irom May the full Advance i 43vi the but i Thi Market Cra to Thech Teaso Winnipeg of heat values up during a healthy Ali Deuce most no pressure any Nas not Hel the action of tin Market Cammay Pha sized the by Liisia sentiment existing among a Stroner of a very firm Cash wheat situation in this j october and november futures i open 52 5614 56 57 touched and with 1 hard trading at 4v2c above and 1 Northern May 38 40 May or 22 value of the May 24 Over Nike inst seen Here for me futures closed c higher to lie May 36 i there was sonic Sussex ton of Short covering in of Traile Lut the bulk of the Huyler was done and trailer with european connect who absorbed the offerings which were surprisingly Heht in View of the heavy move ment in the in actual figure was placed on the Man made overnight or during s but it was believed that business was appreciable and that a Good Deal f wheat was being bought 25 25 4014 43 44 63 61 High 5314 56 57 58 i 37 29 41 4354 23 26 2514 41 Vilow 55 56 57 36 39 41 42 23 25 40 43 close 55 56 57 37w36 39 42 23 v4 a 25 40 44 v4 a 45 Minneapolis 63 23 b 24 37 39 b 41 62 22 24a 35 38 40 Duluth 132 131 128 May 129v2 129 b 128 129 close 62 b 24a 36 39 40 a 132 Ija 129 b 57 39 41 i 43b 23 a 40 42 b 44 63a 22 b 23 b 35 b 38 b 40b 128b 129 b Liverpool wheat futures the following were the closing quotations on the Liverpool wheat futures translated from British weights and currency to Canadian bushels and Money tuesday monday december 63 March May note Liverpool wheat futures prices Are being quoted on a basis of but in re converting them to Canadian currency tuesdays Exchange rate furnished by local of approximately has been less aggressive buying by european importers reported by Broomhall Giddings Kalkes Broomhall cabled the following buying by importers monday was rather less a but North american markets continued to Southern hemisphere crops appear to be pro Gressing but acreages Are smaller than last and weather in North Argentine has been very hot lately with fears that locusts May do harvesting will commence very soon la the Early Cost acts of Australia and new wheat will Start mov ing in fair volume in the Orient has taken much larger quantities than usual this year and if Continental countries should reduce their tariffs or buy More there might be some tightening up in exporting owing to the fact that the Low Price of wheat Dur ing the past year and a half has increased consumption and reduced Export prices rally in Sterling weakened Liverpool oct by the Canadian the following wheat for future quotations were supplied by All prices Liverpool prices were quite firm at insurance and Liverpool the but a Harp j stering i Manitoba shipment 78 Market finished id to no2 Manitoba shipment fraud red pounds 3 Manitoba shipment 69 Avres wheat was firm on Argentine 63 shipment of Frost in Southern arge Argentine 63 shipment 6234 Lowed australian shipment october 1 1 hard Winters shipment 69 1 hard old shipment 64j j South russian shipment per Bushel and noon gains of to Cash Canadian Money 69 66 60 61 70 g7 634 White wire re ported a firm opening in Liverpool wheat futures in sympathy with the Advance la North american markets but a Sharp rally in Sterling and the withdrawal from the Market of parcel caused weakness in the closing with final quotations showing net losses of id to per Hundred Lake shipping demand for the various grades of j above quotations were converted by Broomhall on a seven Cash wheat was rather Sterling rate of and reconverted to Canadian funds at offerings were again on the Light i tuesdays approximate Exchange rate Between Side with sales generally confined to Odd cars and with the exception i of no 1 which traded at 2 White Spring c and 4 Northern at 3 Spring inc tatter than the previous closing j 2 Abw spreads near the close 3 othe session were about 1 Tough to ported Little change in the 2 Tough 14 is hour 2 Northern the Only contract Grade quoted on the card it the deliverable holders Are not inclined to sell at this and this Grade can Only lie bought at a pre with the result that no treat has been delivered through the Clearing House so a this delivered by Farmers to country elevators monday totalled bushels compared to Only bushels on the same Day last coarse Cash interest in coarse grains was confined to Barley mostly for a fair Busic track Ness was worked in but sales j of Barley and Rye were confined to 1 Cash interest in 4 Tough 5 Tough 1 smutty 2 smutty 3 smutty Oats 2 3 1 feed i 1 leed 2 feed j rejected track malting 5 Row 3 2 Row 3 other 3 4 5 and i 6 few Small tax was in the futures Market trading in ill coarse Grain commodities con busted chiefly of investment trading and routine the most part moved Tery narrow values for within Grain inspections 3 3 rejected track Rye i w 2 3 2 rejected track 56 v 52 50 48 58 52 48 47 43 u 54 u 3j 29 i 36v4 23 3s 41u 33 it so a 92 it 38 a 36a 35 33 38a 47ti Argentine Cable Broomhall special to free press passed the Sault Sault 11 aug Cal 3 1 tuesday 3 4 32 30 42 39 if4 Buenos Light frosts occurred in South Central Argentina monday but the wheat in that territory is not the forecast for the next Twenty four hours indicates Clear and warmer Buenos Aires wheat closed t to with october quoted at and december at flax was Pijie to Lac with october quoted at and february at 66 fort William fort Grain boats Are reported today As Clearing from the port of fort William port Arthur with the which has been Laid up for some going out with bushels of wheat for six boats Are loading Grain and four Are in route following is today report on ves Choice killing cattle on Plain and mediums stockers and feeders about Best stockers Selling round hog receipts Bacons held at off cars sheep and lambs Best lambs sold up to Chicago cattle receipts killing classes 25c stockers and feeders slow and about hogs sheep South Paul cattle receipts killing classes with a weak better grades of stockers and feeders kinds slow to plainer representative sales 20 reported up to 3 Strong weight steers Price hand weight killing steers Price fed calves Butcher heifers Butcher canners and Cotters bulls Tocker and feeder steers per if Purchase Loans were Avail if some of the Money squandered by the farm Board in wheat and Cotton gambling was available for feeder Loans the strategic position of the Cor Belt Farmer would be in wheat and Cotton pampered these products were pampered by the Federal government with Public Pap and neither has in the agrarian position has been aggravated rather than a wave of if not Denuncio is aggravating the great Engin Eer in the White House to an extent that in getting it was a bad bet to Start with and has been getting worse since it has been placed on the even the farm politicians Are taking cracks at it de manding the equalization or debenture Export or demo cratic leaders Are gloating Over the situation and preparing to take every possible political advantage of the blunders committed by the party in to what extent the Tariff will be interjected can Only be guess but it will Cut a big figure in the impending cattlemen hard hit southwestern Catle Meu have been hit hard by the their product Selling at 8587 per off some of these steers carry govern ment loads and in the final account ing red Ink will be used Kansas gras Sefo be out of the Way 30 Days the North Western crop of beef is Short and by december killers will be depending on warmed up cattle taken out recently at a Range of per they will not come Back to face the Butcher in desirable condition from a beef but in a Pinch anything wearing a hide and a Little tallow will speculation in cattle is at a stand nobody is going to Western Pas Tures even to look at stickers and the country Call which multiplied in recent years has disappeared with the same celerity As marked the exit of Peewee Golf from the sphere of cattle must go to the to find buyers on this occasion and arriving there Are not Worth much less in fact than during the past three dec politicians recently assuring commercial cattle raisers that the new Tariff would insure Prosperity Stock heifers calves have taken to the but the time when explanations will be demanded is Confidence in High Tariff As a Price stabilizing influence has although some of the More audacious champions of the idea Are still advancing preposterous claims also equally preposterous assertion of what would have happened without additional sheep ii Etc lip the sheep Industry is picking but a Tough Winter is ahead of leed 410 40qiers if is probable that millions of 9 350 fed lambs will be under the necessity g0q of Selling or s7 per Chicago As the tall end of lambs 25 Bacon hogs heavies 4 extra heavies lights and feeders Sel movements cleared steers Over increase six million Canadian wheat visible total now Oats Chicago wheat wheat wheat la j wheat passengers land j in James j Good and Choice loading Grain loading medium sows 1 sows 2 the largest Lamb crop the country Ever raised must go to the Butcher this Side of next hogs will be cheap All As despite ravages the country is full of Economy is the order of the j recalling a forgotten episode when 4 501 old Jock Cudahy ran the Board of Trade provision he was manipulating a pork Corner and had run the 250 4 00 Price up per barrel unconscious of i the fact that Armour was alter his one Day when the Corner looked assured he left the Board for ordering a roast Duck and a bottle of Champagne at a High Cost then picking up the ticker he realized that Armour be pit breaking pork 82 hold on he Dominion livestock quotations 20 870 105 receipts steers up to Good and Choice to medium to to raided per shouted to the change that order make it a Beer and a cheese produce Market Good and Choice medium common prices of butter and until further will be those supplied the free press by Coyle produce Nutter fresh 1 Creamery Winnipeg is to eggs i prices according to Dominion govern ment strictly not Over to to 250 to 300 Tulve Days Ola j to Doz cases returned 37 37 35 34 32 37 Winnipeg Grain Exchange representative sales wheat cars inspected Spring wheat 1 hard 1 j 6 Tali smutty Tough be jetty Damp special 1331 84 350 686 176 26 s special i durum i durum White Spring Winter 1 2 13 254 6 2 1 1 1930 wheat 1 hard spot Shi 1 hard spot 61vi i hard spot 62 u 1 hard spot 1 hard spot sit 1 hard spot 62 j spot 1 spot 60 j i spot 1 spot 60a 1 spot 1 spot 60 1 spot 1 spot 1 nor spot 5434 i fort an increase of about bushels Over the revised figures of a week is noted in the cart Adlan wheat Accord ing to figures compiled by tie statistician to the Hoard of Grain commissioners the total in sight is now bushels compared with bushels at this late a year the great est increase is shown in the coun try elevator stocks due to a very heavy movement from the figures follow stocks in bushels Western country elevators private and Mill elevators flour discharging i 2 spot 54 2 spot 2 spot 2 spot 55 2 spot 3 spot 51 i 3 spot 4 nor 48 4 spot 47 1 spot 7614 2 spot 69 2 spot 68 2 spot 68 i 2 spot Esu i 1 spot58 56t 2 spot 54va 3 spot 3 spot 3 spot 51 a 4 spot 1 spot total cars wheat cars of contract to Vic 1621 1322 573 1 1 i feed feed coarse grains total cars 3 3 12 22 11 4 1 2 29 28 27 33 32 Interior terminal elevators new Westminster elevators Prince Rupert elevator fort William port Artthur elevators Eastern ports Eastern ports Lake Seaboard total a week ago revised Fig ures 3 spot 2 spot56 outs 2 spot 2 spot 32u 2 spot 32 3 spot 3 spot 3 spot 1 feed Spet 1 feed spot 2 feed spot 26vi 2 feed spot 2 feed spot Barley 3x 6r spot 42 3 spot 3 spot 3 spot 3 spot 30a 1 spot 92a 2 spot Seaboard ports i from Atlantic sea Board ports a year ago Ocean shipments during the week from Canadian Pacific sea Board ports i from Canadian Atlantic Gran movement at port of Montreal total Ocean a week ago Canadian Prejs t Grain figures olm 1709 mover it by stocks in elevators 29 stocks in holds of 36 Lake Days receipts Days deliveries orders on hand i total rec isl to 01 total deliveries to total deliveries to 1930 Lake boats arrived today 1 to 16 livestock markets Dominion livestock Branch Union Winnipeg and at the Yards up to 9 Oclock tuesday morning consisted of 970 105 calves and 560 in i there were 830 cattle through Bill j de for Eastern railways re ported 26 cars in sight to arrive with an additional 90 cars to arrive during the night and Early this another generous Supply of cattle on hand for tuesday fresh supplies being augmented by some cattle held Over from mondays fairly heavy trading on today Market was not very and while Good butchers met a fair reception and sold at steady buyers appeared rather indifferent on the plainer classes and bids in most cases were placed about 25c lower than the close of last there was an inquiry for the bet ter Grade of stockers and the buying was principally to fill but the outlet for common to medium which were Well proved fairly narrow and these classes realized very unsatisfactory in order to included among the receipts today was a Small sprinkling of Good Strong weight steers which went into killers hands within a spread of s5 to while the Best end of hand weight steers sold from to with rank and file of steers on offer of mixed weights were Only of a Quality and condition to sell from to strictly Good Butcher heifers were eligible up to with other very useful killing kinds Saleable from to the Plain end of the heifers were classed from to Trade in cows was none too Strong and bidding in this Section showed a weaker buyers absorbed j a few of the Best cows at around Bacons behead discount heavy profit taking gives Chicago wheat setbacks and Brvan private fairly decent offerings were Fol Rittzo oct 20 the wheat secured from to cheaper ii i grades which moving Choppy having Lake boats unloaded tramps chartered Winnipeg Cash prices trustee escapes prison with Only one More month of a 13month i sentence to Walter Liverpool closed is a trusty at Burwash Industrial several setbacks due to profit although new highs for this move ment was made on the rallies and final figures were around one cent under Best commission House buying was in evidence on the set w i to i there were reports from new York Arm escaped this he had indicating that there might be More Man and it prices by always the a the time of closing the Arm escape s been working with a freight j sales of wheat to Germany and it of Are trusted i was intimated that the form Boarn canners and cutters ranged from soc to while bulls looked about steady at to stockers and feeders grading Good or better made from to the plainer end of the receipts meeting a sluggish Trade from to calf Market to to to common fed Good and Choice to medium Good medium canners and Good to to to to to to to Stacker and feeder Good to to Stock cows and to common to milkers and a rangers to veal Good and Choice to common and to hogs select per head Premium to extra heavy to to lights and feeders to sows 1 to to to to to to to to to to common to sows roughs Stags Good hand weight Good heavies common Bucks Good heavies Good hand weight livestock Market conditions in by James Poole cases returned cases returned graded potatoes per 100 Winnipeg wholesale Manitoba potatoes mining and business Montrea leaders Register gains in Strong Trade Nickel and brazilian stage Sharp issues show strength Canadian Frew the inter listed stocks pointing the Way the Montreal Stock Exchange turned buoyant reflecting a growing Confidence that important and constructive developments Are in the making in the International Canadian Pacific railway rallied to a pronounced strength in rails at Street and went to its Best level in at 17 where it closed for a gain of International Nickel also was higher than at any time for a touching and closing at 1114 up brazilian which yesterday soared Over two Points on announce ment that Brazil would meet some of its external obligations in today held firm at the better figure on Large the pegged issues came in for better support than they have received for some Canada car and Canada Cement in particular being in car sold to the amount of shares and was unchanged a1 the pegged level of while Cement went higher at Massey Harris was being bought for investment accounts and gained i at on sales of brazilian traction was by far the most Active Stock on the local sex Selling to the amount of shares and closed at in after touching Nickel was second with sales of total sales were shares com pared with shares on monday and shares on the correspond ing Day of last the Bond with sales of was almost con version 1958s lost at on a single Sale of Sterling moved Between and while new York funds closed at a Premium of 12 per Montreal Stock items Hammond Nanton brazilian traction was a Strong and Active feature on the Canadian markets monday touching a new High on the recovery at the announcement that the government of Brazil would pay interest and sinking fund on most of its external debts in special scrip instead of Cash was taken to mean the strengthening of the ill res with consequent Benefit to brazilian traction and other companies operating in Laura Secord Candy has experienced a substantial increase in sales since the reduction in Price per Pound from 60c to the annual statement of the company for the year ended september is expected to reach shareholders Early next week and it should show earnings in excess of per As against current dividend require ments of while demand for Nickel in the steel Industry has shown some curtailment As a result of the reduced operations in the automobile Indus try the use of Nickel steel in other Fields has been less adversely affected and the use of White metals for architectural and household uses is Manitoba potatoes retail vegetables jobbers to retailers Manitoba per Manitoba to Manitoba per tags Manitoba per Manitoba per 100 pounds Manitoba Leal Bunches Manitoba head per Manitoba per Manitoba vegetable Manitoba per Manitoba crate Hubbard per flour retail Price to Consumers at country elevator Manitoba and Saskatchewan quoted on Quaker Lake of the five Western Canada Oil Vic Royal the Maple Leaf Mills and Robin act two sacks four sacks boiled Oats per sack per Lack per my feed delivered in net Cash excl Lisl Manitoba and per ton per ton Alberta per ton per ton Smai sex county elevator Ware a fresh baled spot prices or Well cured Good at late of issues and quoted by two leading 1 Timothy 2 Timothy i red top 2 red top to to being no Hay Exchange in Are obtained regularly from members of the to de Mand for lower Bedel cured per to cattle Trade conditions defy despite Industrial Stag and other Adverse factors a Market for corned steers i has not Only been the undertone is possibly medium and each each sheepskins Seneca per per to to to to Siscoe Gold discovery appears promising special despatch in the free new Gold finds recently made at Elscoe Gold mines is now Eald to be More important than was earlier the discovery was made on surface when the ground was being the vein is said to have been opened up for a of and is heavily plastered with free no As Are available at this Diamond drills arc being rushed to the property for the purpose of proving up the new it la said to be the intention of the company to Start a drive underground towards the discovery As soon As drilling gets under Elscoe also is said to have opened up High Grade Ore sections la underground and together with the new surface Are expected to be reflected in in creased milling operation at Biscoe in the Early Montreal Stock averages the average Palco for representative securities hated on the Montreal stoic Exchange tuesday an increase of Over mondays the average with changes Lor the part follow 20 18 17 16 15 14 13 10 9 oct 7 6 5 3 3 1 30 39 28 28 25 24 23 22 21 Price Chance to High Low 1931 1930 1929 group leaders show substantial gains Canadian Freis Price firmness with speculative interest marked trading tuesday on the Standard Stock and mining sex group leaders in All sections show substantial Price total sales involved action in with 70 stocks traded of which 35 19 closed unchanged and 16 showed minor International Nickel and Hudson Bay proved firm spots in the base Metal Nickel Rose to while Hudson Bay gained to despite reports of discovery of another new High Grade Gold Sec Tion Noranda closed unchanged at Mclntyre took the Lead the pre Cious Metal group and jumped 1 per share to close at el9 Lake Shore advanced to and dome moved up to substantial Price gains featured Oil Section with International Petroleum up to Imperial to and British american to Premier Gold advances in Vancouver dealings Canadian Freis on the whole remained unchanged in Light trading on the Vancouver Stock Exchange Penny stocks again led in Point of grand National Silver and Fabyan Oil accounting for shares of total traded during the Premier Gold 2 close at 50 Canadian Pacific sold at in one Small transact but closed 50 cents lower at 50 cents above the previous Imperial Oil gained it like amount at Toronto mines Abana Binshi Mckay open Uhlich Low close sales 500 Acme Oil 13 Vij 14 l4b Amity Amulet Arno i 3900 Oil Brownlee Barry hotline base look bldgood17 10 Oil 900 in j5b 14 Iva 5a 4v 4 1i 1000 7300 1000 17 10 990 bunt Hill sex Pioneer 235b 13 900 of 13 10 950 Brett Treth on 10 Tab 7b 9 10 chem 325a Clericy h4 114 lit col Mario 7 7 7 7 come til 8 8 coast 300a 3000 i5j 1000 3500 dome a Cpl 8 1060 8 so 1075 0 93 89 of 6b 8 1030 8 m 1070 9 53 w Treasury treas Ury net balance 17 Wes expenditures for that Day were customs receipts for the month through 17 were agricultural news cattle judges for Royal agricultural fleece per to poultb1 Winnipeg 5 to u the cause is deficient As the 4 to 5 to 4 old crop of big Bullocks has run 3 to 4 forcing killers to substitute with the chickens under 3 a beef of lighter somebody must have Money some where to buy the product of ten cent of cheap the 85 to 5 to 6 4 to 5 3 to 4 under 3 w roosters there has been an Abun but even these Are feeling the another explanation is that the real beef so Long turkeys of Toms is Here and would have been j turkeys old hens in evidence had Industrial conditions been near with old Over 12 10 to 12 8 to to 6 to 8 lambs at and the under 4h Over 10 under 10 cattle judges for the Royal agr announced Andt As in cultural Are ral Bildne foot Hill Gem Lake by 115a 45 32 43 Holly Nurer 575 590 b75 Home Oil 40a Howey old is 310 of int Pete Keeley Lake Shore 2775 Moss mines 40 macassar 42 a soon 545 1000 45so 100 31 10 310 1125 111s 1115 31 38 2825 40 42 1050 Iowa 1005 by 3750 30 v4 4 590 20 310 1100 too 1115 21 85 la 2823 40 42 Foo 100 645 151 425 mis 33010 1000 10 mylar to 4a Mandy 5b Basin in Mclntyre 1823 1850 1825 Morland 5 141a Hall 11 it Murphy 3a Nete Bec 2b 115 118 Noranda 1550 1535 can 32 33 Nordon 15 15 old Colony Osysko 3b Pete 2 3 my in Premier 47b Royal to 525b Bitch 8a 1850 44 4 415 10 14500 11j 112 15qo 1538 33 14v4 is 2 200 3150 300 9000 other sections of the great exhibit Western judges Cru entirely ignored while the United Stales is heavily drawn James manager of the sol Abar farms of Grain will place the Axel of will judge the holsteins As he has done upon two former William manager of the Fellowship of Chester will place the awards the Guernsey and John superintendent of the Wendover farms of will judge the herefords will be judged by John of Lake cent age Clearing House deliveries wheat Oats Barley flax Rye bushels nil nil has much less wheat to sell than tile j generally Market Market was unchanged he a constant demand for has the appearance of j 5 to live poultry Rubago san Antonio 30 Sherrit 5t Elscoe 54 Sudbury Sylvan let 68 Tashota 7 Hughes 585 Towa Mac ventures Vipond Wright 2 4 30 51 3h to 51 60 58 in 3000 Jyh 21011 100 1200 73co p Loa 40 lib 45 55 look 235 40 it 7 585 48 59 45 55 40 m 7 580 43 m 3100 300 1000 3boo 600 200 285 380 3s2s gild Edge secur thes Are stronger on London Mart optimism Over the outcome of the general election next week and better news of the from controversy were responsible today for a Good tone on the Stock Exchange and a general and sheep and Lamb Market with the pcs from the close of with shiny that considerable Quantity Bacons at feeders at of wheat Mav be sold to France j and extra heavies at there is less disposition to regard the accumulation of whoa in this country As a Barrier to higher primary receipts have increased somewhat with a larger movement Southwest and were bushels a year Spring wheat receipts continue Light and Minne Apolis stocks decreased bushels for three reports of Rusht trading on the sheep and Lamb Market was confined to a few trucked in prices were re ported about Good Handy weight killers sold around and Plain and heavy lambs at to outside markets receipts 815 what will happen after the turn of i 4 to 5 in year is anybody a new j 43 crop of cattle will be on but tha it will be burdensome is i 5 to 6 the country needs Money j 4 to 5 out the on 3 w to and livestock is about the Only Able Corn is Down to 25c per Bushel Barley and other Small Grain feed is Worth even Farmers substituted soy Beans for Corn to the extent of a million or More acres this Down to 35c i the whole country is glutted Exchange on London 09 with feed but Short of the Dollar was quoted at i who has several times Jungert this in Gilt Edge French be judged which Rose from on half Point to a by Andrea and Olu we Brazil Bonds 2 to b higher on announcement that interest pay ments would be tra Satlan tics were More firm Hydro were and Beans Are French associated press per boys and girls fair at sol Girth a Success favored Lon the the cent rentes 84 francs 85 five Mia 35c a in other per cent loan 102 francs 5 centimes Eaton company bought the fat calves from the boys and girls club fair lest paying one cent Over Market the boys and girls quoted at Nickels traction radios foreign exchanges and the Irene Mont real Exchange we with the improve ment was credited to came for Cal Good or not be Selling at 25 francs 39 realized 5900from 19 head of calves prohibition on Gold shipments Fri 1 a Marc and nine ;