Winnipeg Free Press

Winnipeg Free Press (Newspaper) - May 31, 1932, Winnipeg, Manitoba 14 Winnipeg a free press tuesday , 311932. Canadian producers look to conference to Aid Copper Sal Montrea leaders Winnipeg stocks continue under Selling pressure Montreal stocks nine new lows for several years recorded Montreal Power is weak spot Winnipeg Stock Exchange 11.30 Call muted Beaver fire can. Fire 3ns. Can. Pac. By. _ 50 25 May 30. Bid ask 115 a 9 it Canadian t Ress Desi Fidilo Montreal May 31. Left to its own devices As new York holidaying the Montreal Stock Exchange gave a display monday. Selling pressure was again directed corp. Steel prod no g. W. Lite . 100 200 Hove inv. S. 100---- i nor. Can. Mage. Pad. 25 i Northern Trust. So j Pells Sienis pad. 100 10 poll skiers . No Roval Bank of Canada 100--- i Western steel prod. Pad. 100 i unlisted Beaver Lumbe r 100 Beaver lumber com. No 5% Blue ribbon pad. To b. A. Oil no City Dairy 7 . 100 City Dairy 8 . 100 Crescent Cream pad. 100 o. W. Saddlery pad. 100 g. W. Saddlery com. No a Mon. Life 10 . Paid 300 osier., Hammond Nanton Abi Tibi p. S p. Co. 1 1 1 abit Ibl p. Pad. 33 s aha. Pac. Grain 4b Atlantic sugar 23 28 27 Braz. Trac. L. P. S i 816" 8 Bell Telephone to j . Pwr., class a . Pn-r., class b. 3% 3s . Packers Ltd. 75b bldg. Prod., non voting class 36 80 16 Canada Bronze i0-1.4a _ _ _ 30 against the leading issues and nine new lows for several years were re corded the Cut standing one being in Montreal Power which was Sola amount of 3.972 thai a and broke i Midg. An. 100 Points to 22. United Drain growers 25 ".j. Such Active issues As brazilian i Western breweries 10 traction Bel Telephone Canada Cement preferred. Cockshutt plow i Dominion Bridge. National Shawinigan and steel of Canada lost of front a Point to enter new Tori Lory. At Boom the weaker feeling la std All 1 through the session the in Liugi most issues at or near their worst Levels of the Day. Selling of Power i continued to the final Gong its Clos in Price being its Bottom for years j very Lew issues resisted the general trend. Canadian Pacific railway held at 9 i Atlantic sugar gained 3 to 27 on announcement that the shareholders were to de asked to j accept a re organization their Stock i Asbor hed by general sugar a t new company. Three other Small i skirts were recorded. Canada Cement preferred established its Low at off Points sell Telephone lost 2 at 30 Cockshutt i at Dominion Bridge was Down at Nickel lost Ujj 43j steel of Canada sold off 13b at 115g. And s dropped v4 after 7u. National Bre veries with sales of 1.955 shares followed. Power in a and dropped 3" Point to 10 Dominion Bridge was third with North Star Oil North Star Oil com. 5- Reliance Pirrin pld.----100 a . Paid__100---- 78 10 Chu. Flour pad. 100 Groess Ltd. 100 52 Western grocers Jpn vice. Elec. A d.-----100--- invest men Cau. Am. To. So fires fundamental series a. No fundamental series b _. No grouped income shares no Dominion of Canada War loan 5 . 1s.37 107.40 Victory 5 j p a 1933_________ 100.50 1934 . 1037 105.40 War loan i . 1932__________ 100.50 101.25 i refund info i 5 . 1943______________ s6.65 37.75 . 1940___________ 93.15 . 1944___________ 91.40 . 1946 91.40 40 can. Car is can. Car 24 can. Converters fan. Cement can. Cement i can. Per pc paper j can. Gypsum can. Ind. A. Co. _ can. Pac. By. Can. . Lines Cockshutt plow cons. M. S. Dom. Bridge co. Dom. Glass co. Dom. Steel Dom. Textile Praser of. Ltd. Gen. Steel w. Ltd. Al Aser co. Ltd. _. Gurd a "v1 suming countries on the continent take Copper irom the distr h through which Nickel markets Ite Supply. The official teas however that four cent duty would entirely out Nicker the United. States. Hudson. Hav willing while no information is available As to the effect a would have on Hudson Bay mining and smelling it is Pany is in a position similar to that of Noranda mines. I com Blister the flin shipped to the Canadian. Refiners at marketed with Noranda Copper. Fal Oubridge Falconbridge Nickel the Only other Eastern Copper producer Copper in Matte to its norwegian refinery where it is train Falconbridge Copper up to the present has been sold almost pm Ope the greater in great Britain. Montreal Stock averages the. Average Price for representative securities listed on the Montreal Stock Exchange monday was 13.40, a decrease of .45 from saturday s average. Aver. Net Price change May 30 May 28 May May 27 26 May 25 May 23 May May May May May May May May May May May May May May May May May May april april 21 20 19 18 17 16 14 13 12 11 10 9 7 6 0 4 3 2 so 29 High Low 1932 13.40 13.85 15.57 15.63 15.96 16.80 16.92 16.il 18.90 is.98 17.40 17.52 17.57 3.7.61 18.79 18.90 18.74 18.71 18.66 18.66 18.60 18.64 18.66 18.73 19.43 19.51 1931 36.90 48.09 13.40 28.38 .45 .03 -3s .84 .12 .01 .01 a .01 .51 .12 .05 .04 .11 .16 .03 .05 Uncle. .06 .04 .02 .07 .03 to 1930 59.46 38.01 Hydro Electrio earnings Imperial tobacco Only Issue to gain on curb weighted mine Index 2300 j 2800 1500 3100 base Metal issues Are weak features Canadian press despatch May Metal Market Par value. Austria 14.07 Belgium 13.90 Bulgaria 19.30 Czecho Slovakia 20.26 Denmark 26.80 Esthonia. 26.80 Finland. Prance germany., Greece Holland Hungary India Italy. Yugoslavia. Price today 16.02 Western Power Winnipeg City or j Winnipeg electric 1949___ 1942_ 52.00 53.00 65.00 59.00 84.00 75.00 63.00 9.00 13.00 s5.no 43.00 flying prospectors Toronto Bingham Mckay new York May 31. Metal Marke closed at new Tork monday. At Lon Don Copper Standard spot 2s 6d future 2s 6d. Electrolytic spot 10s future tin spot 2s 6d future 10s. Lead spot 15s future .l_10 of. Zinc 10s future. 15s. Latvia. I Lithuania. Spot Paris Money Canadian Fross Cable Taris May 30. Three per cent rentes. 73 francs 40 centimes. Five per cent loan. Is francs 45 centimes. Exchange on London 93 francs 53 centimes. The Dollar was quoted at 25 francs centimes. Norway Poland Rumania. Spain Sweden Switzerland. Japan yen Hong Kong 2.52 3.92 23.82 1.30 40.20 17.49 36.49 5.26 19.30 19.30 19.00 2s.80 11.22 19.30 io.30 26.80 3.381 23.12 30.55 2.00 4.51 27.06 1.21 46.40 31.65 22.00 h.41 21.10 12.82 21.60 22.38 36.78 27.29 Toronto stocks notice of tender t Enders will be received by the under up to and until the 15th Day of june. 1932. For Purchase of the Iol lots 11 to 14 inclusive in Block 35, plan 1606. St. Boniface. 3 the West eight feet of lot 1 and All of Lois 2 to b inclusive in Block 1e06. St. Boniface. Tenders will state Price and terms. 30. Tenders be upon the basis of All one third Cash and one balance in six and twelve months at the has Host or any tender not necessarily tenderer will brately. Tender for parcels sep v. Smith. Administrator of the estate of Michael Sheray. Abbott t Mcl Uehlin. Bar Risters Mcleod bldg., Edmonton Alberta. James Richardson monday. Hay 30. Open High. Low close f. N. Butt la to _ Iid. 7lib can. Can. Canners can. Bread __1_ can. Dredging can. Bakeries can. Vinegars can. Gen. can. Oil cons. Bakeries con. Con. And. Gas stores motors Ivo l _. S a 51 3vib 143 143 21is 1 l Loob 143 15 Ford of con. A Goodyear of can. Gyp. L. To a. Hiram Walker Cly. Of Laurar Secor to Blair a Leaf 4a 1-13 15 17aa 3 34 9 3 Maple Leaf _ lob Moore 3 3 34 9 43 2% -.1 34 9 6-ii ont. Equitable _ photo sen san. E. Stand. Paving super test Pete Waterloo mfg. West. Can. 104 a i 12b in 48 .1" 3 34 9 3 0b Loa Joa 3 2a 13a. In City of Winnipeg . Homiday a. To to to. Cap. Castle to 12. To 2. Jackson to 1. Moffat to Ivi. To 1. St. To b. Thompson 2to 3. To.3. Brett 5. To can a fit to cent. To 3w. Dom. Gold i to to Potter South to 1. To 3. Oil to 3 i Bunker Khataey Gold Kirk Lebel to 3. To May 30. Take up a half interest by contribut-1sicn the Standard mining sex ing 45.000 shares. The capital Stock change was one. Of Dull trading and will not be lowered to its present reactionary prices. Losses dominated value the movement of practically All leaders with the Metal Section standing to the front in Trie Down Ward movement. The Day s turnover was shares with 61 stocks in _ a Plav. The Price trend shows 28 arrive at the 8 sales and 25 in according to the movement yesterday there is no support behin International Nickel and the Stock again broke through to a new Low closing Down 30 cents to Noranda also showed a softest tendency dropping 50 cents base metals at 30 cents and Falcon Bridge at 50 cents each loss o Points. . Pioneer and mining Corpora Canadian press despatch Montreal. May two new lows were established and three other is sues equalled the year s Low on the Montreal curb Market monday As the trend continued toward lower Levels. Volume Harnois closed was heavy with Beau Active Leader. Five issues Vii Chr need associated Oil , , Home Oil and Walker preferred. . Oil touched a new Low of associated Oil and. Beauharnois equalled their year s Low at .04 and .50 respectively. Imperial showed the Only gain of the Day. Lifting one Eigi Iii from its year s Low of 6% cents to sell at among the mines Moss touched a Ottawa May 31. The weighted in Dex number of Twenty min no stocks computed by the Dominion Bureau Canadian press Montreal May than in the previous Psi ported in the annual Adiarte Hydro electric limited and subsidiary including Gatineau Poire for 1931. The company net Revenue after charges amounted to equivalent to s13.44 pet of Cyk i corporation s 6 per cent referred Stock or More Etc times dividend compared with ear share in 1930 and Gross Revenue including come amounted to pared with further made United states Exchange i ment of first prefer rom amounting to Ca of earnings amounting to was added to surplus account to from Irhke directors appropriated 82.001.ks payment at the close of the la dividends on the Secor and common stocks. Included in the report s ment of Gatineau powr which showed i Tisi Educ before interest dividends of compas in 1930. The 1831 was 2.16 times the interest ments on the first Mort pm and prior liens. Of statistics on the base of 192si week with equals 100, was 48.4 for the ending May 26, compared 49.0 Lor the previous week. Eleven fold stocks fell from 51.1 to 50.4, four Gold capper stocks from 48.0 to 47.n, and five Silver and mis Cellaneous stocks Rose from. 14.7 to 15.2. Among the Gold stocks the weekly average prices behaved As follows Hollinger declined from 54.71 to Eastern dairies reports slightly cents Lake from 27 cents Lake Shore irom 22 Mclntyre from 915.75 to 515.04. Tecec Hughes from to and new Low or .26, showing a loss of .03 or Lgth Hargreaves from s2.23 to Lor the a a a. Amulet equalled its year s Low of .07. Koranda lost .60. Selling s13.30. Weekly prices were lower unchanged for one and Lor one of the Gold Copper Amulet fell from eight cents special. De Palch to the free the 5ian., May 31. In route to the great Bear Lake country where they will spend the season prospecting five seaplanes landed on the Saskatchewan River Here Mon Day evening after completing the second leg of their flight. Led by j. H. Eastman former president of the Eastman air plane company of Detroit the five planes taxied Down and gassed up on the Saskatchewan River to prepare Tor their next flight to Edmonton. Tace lure of precious metals in the far North and the Glamour of Aerial searches for hidden treasure in Canada s Rock bound Frontier has gripped the imagination and Eastern said. The group Stock Index lower and re manager for auditorium. So the City clerk Winnipeg and endorsed on the envelope manager Psi be received by the undersigned up to 12 o clock noon on thursday june 2nd, 1932 the position of manager of the Winnipeg auditorium. Applicant shall state and Jive full particulars As to experience qualifications. Applications for the position umsted to Bons Lide residents of the City of Winnipeg. M. Peterson. Poitr it Etc Luo Cliea press pcs path Xen 1 Ork May Street american primary markets rites and commodities Mon ,da7 observed the memorial Day hoi Day. Banking and trading Ness of All kinds. Was suspended. Wool aug press Cable London May 31. At the Wool auction today Bales were offered of which were sold a Good selection was offered and com petition was keen at full current rates. There was of with. To trawls among scoured Ierino due to the. Nigh limits. Puntas Arenas sold Well at previous prices Canad in press Dusvitch Ottawa May investors traders weighted Index numbers of Security prices computed by the do minion Bureau of statistics on. The base of 1926 equals 100 showed a decrease of More than three Points for the week ending May 26. The Index of Industrial common stocks of i8.0. As compared with is 5 for the previous the Index of prices of tie Twenty five Best sell ing Industrial and Public Utility common stocks of. The Montreal and Toronto exchanges was 250.1, As com pared with 268.1. The Index of Domestic common stocks was 32 8 As compared with 37.5. The Index of common stocks of companies located abroad in which canadians Are. Heavily interested was As compared with. 46.5. The Index for All three groups of common Stock combined was 42.0 As com pared with 45.6. Average weekly of the United states or. Eastman of men financing the Syndicate represent Michigan and Ontario capital. The planes will stay in Edmonton some time. Thay flew from. Windsor by Way of Winnipeg. The men Are flying in East Man flying yachts the products of the company formerly headed by or. Eastman but now owned by the Detroit aircraft company. They expect an Active season s work in the i Barren lands. All of the men have j experience in prospecting Are i experienced pilots. Abi Tibi has Bond interest due june 1 Canadian press despatch Toronto May meeting of the directors of Abi Tibi Power and paper company was called or held monday officials of the stated Here. Following e. Meeting of the directors last week in Montreal which was tide stood to have been concerned wet i the Bond interest due june a statement was made that the Board would meet monday directors of the company do not meet to decide whether or not Bond interest will be paid Abi Tibi official. Monday. The interest Falls due firm spots in the Gold gaining 5 Points to close Tion were list each at and 75 cents respectively. Other Gold issues were soft wich Lake Shore Down 65 cents to 326 Eldorado dropped 6 Points to close at a new Low of 85 cents. Dome at ?10.50 and Granada Gold at 55 cents fell 5 Points ;