Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 6, 1934, Winnipeg, Manitoba 14 Winnipeg free mid Alt july 6, 1934 accumulation in evidence in Gold and base Metal groups at Toronto Western issues Are prominent in rally of list Little Long Lac gains sharply Teck is Active and Strong industrials improve Toronto. July Hughes Little Long Lac Pickle Crow and i Bonn led an Active group Gold i shares to higher Price Levels thurs Day on the raining Section of the Toronto Stock Exchange. Accumulation was in evidence in the Gold group and the Bise Metal and Silver chares attracted u considerable Fol lowing Vith prices in those groups showing Lew changes at the close. Volume expanded to More than million shares. Volume was Small in the group outside or the Trade in i Eck which touched 14.000 shares on a Price Rise of 15 cents to 7.05. Wight Hargreaves added 5 cents Mclntyre 45 cents. Dome 35 and Bralorne Japan and Pioneer finished the Day unchanged. Little Long Lac advanced to 6.56. Up 65 before encountering profit to kilns in sufficient volume to Check the Advance. The close at 6.30 up 50 cents. Reno advanced 1u. I Pickle Crow 4. Mcmillan 5. In Keryte 5 and Ashley 5 and other issues up 2 to 3 cents included Bobo. Maple Leaf. St. Anthony i Thompson Cadillac and ventures. Klc Lorado vote of Aldora churned about As usual dropping 22 cents in the first hour to 1.80. Followed by a gradual 3d Lilcik iad grew Cunt Diati Trade commissioner of Kobe Japan who will be in Winnipeg july 9 and 10 for the purpose i interviewing firms interested in his territory. Or. Grew May be St in by making an appointment through the Winnipeg office of the Canadian manufacturers association. Toronto mines Alderman 20 Acme of 20 Ajax 109 Algoma Vance to 2.14. The close 2.07 Wasj up 5 cents net. Other silvers were area _11" irregular. Castle and Premier closing Ashley 65 higher and Bear exploration and Mininc corporation losing ground. Nor Sincla. Came out in Odd lot Bingham Mckay Ltd july open. High. Low. Close. Ashley Assoc. Oil _ Anglo Bradian 345 18 430 265 15 b. U. A 130 Bull a. Bag Mac Barry i. Mainly registering a gain of 65 cents base Metais corporation so _ while weak spots in the group metals. 121 Ruderi and Walte Bear exp. _ Amulet. 9v2 stocks gain Canadian press despatch Toronto july s. The Industrial share Market lumbered along to a higher close thursday on the Toronto Exchange reversing the trend of recent sessions. Most of the inter listed issues closed with gains heartened by the Wall Street Dis position to raise the bids for stocks. Metal do Wilery Oil and food shares made headway. There was Rio expansion of volume however the turnover remaining below shares. Traders Are cautions traders Are still cautious a the brewery stocks and the turnover in group was Small. Brewing preferred had Only and Vance and Canada Bud the onh recession. Oils also had a quiet Clov Svi 5 52 big miss 31 Bralorne ___1510 b. H. Brett t. Bobo Brownlee Bull. 9 can. 5 churchill___6 Caribou 140 c. A e. C. _ 1 Cal. Oil 7 Malar. C. Preloh Evvy Gen. Man. Cent. Pat. _ chem. Res Clericy Cobalt cont. Col Mario _ com. Pete j coast cop. 400 1 con Iagas Coni Aurant Dorn. Exp. _ 21 10b 65 in 430 355 275 6 131 9 is 125 33 1525 2v, 55 " 3 20 103 us 425 341 260 15 128 121 16 31 5 51 2% 56 97 181 dal Oil 131 200 to 3 32 140 7 7 59 m 8 Sis 190 7 26 400 201 21 105 lit 2 4 a 65 is 425 341 260 129 124 16 33 5 52 3 9 6 a moderate gains appear on Dull Wall St. Market rails and utilities fall in line with Industrial commodities stronger associated i Ress despatch by Frederick Gardner press financial writer new York july 6. Sentiment in financial markets assumed a bullish tinge after the fourth of july recess and was translated thursday into moderate strength in stocks and commodities. Brisk advances in rubber wheat sugar and Silver were mildly stimulating factors in the speculative markets generally. Speculation in stocks was still on a restricted scale however although turnover of shares on the Stock Exchange was somewhat larger Packard new York stocks James Richardson sons closing prices july 5. Metals neb High Low. Close. Chg. Alaska Juneau am. Metal am. Smelting Anaconda Cerro de Pasco dome mines Howe sound inspiration into. Nickel Kennicott Natl. Lead nor. Mines Phelps Dodge u. I a 33 i 43 14w 13 Vij 5614 2m4 12 Viu 42v4 44 85% 1.4 42% 44 m 55% 26 s5% 2t. 15 i 18 _ _ 4 4354 w a 41vs 18 s. Smelting _ 130w 128% 120v5 motors Auburn aviation corp. Bendix aviation _ Briggs mfg. Collins Altai an Chrysler Curtis Wright a Curtis Wright Eaton Axle elec. A. L. Elec. S. B. Firestone Gen. Motors Goodrich tire Goodyear Tira Hudson Hupp Murray corp. _ Nash North am. A. Tsvi. 6 17 a 18i4 39% m 10% 42 a 18 534 s3v4 3ts _ 4 10v4 18 com. Solvents Cong Blum Crit. Can Corn products Coty Cudahy Dupont Eastman first Nat. Stores. Fox film general general foods Gillette Gladden Gimbel 1_______ Gold dust it. W sugar int. Cement. Int. Paper a i Johns Manville _ Kelv Nator or Cage a. Krosser net High. Low. Close. Eng. 22 a so h 27 _ _ it i _ _ in. Fivi Suva a i b 554 6 46v4 40 4b14 88% 2% of 03% 13 _ a 1954 Loew s ii Oose incs Lorillard a. A 10% 3% 20 354 53 1c 31v4 08v4 2854 41 18 is i 30% 10 i b154 155ft than in the pre Holiday session. Leisurely buying of stocks was widely scattered through the list. The Standard statistics average for 90 stocks was lifted 1.3 Points to 78. Numerous gains Industrial shares were favored but rails. And utilities also fell in line with the slow Advance that followed a firm opening. At the close there Wero numerous gains of 1 to 4. Points among such issues As american can Chrysler Bethlehem steel . Steel Hercules powder Johns Manvill i Westinghouse Santa be Montgomery Ward new smelting. York Central and u. S. Operations Iron age estimated steel operations had dropped to 21 per cent. From 48 per cent a week ago As a result partly of fourth of july curtailment. But steel shares were 1420 9000 200u 28000 6000 3500 dome ._4373 East Crest 14 Eldorado iy5 Falcon Brickse 356 with exception of Imperial which Lake _ 192 recorded a fair Trade at an Advance Oldale 23 of to kit. Good Len 19 . Oil closed unchanged. _ 4 National Pete was up u and the Greene s. 80 Mccoll issues off u to inter-1 Oucnar-----171 National Nickel gained 171 markets at a glance .-------------------------------------------------------------------4 Toronto am trial stocks Nurr oily his lick on thursday. Toronto Wilsher new York closed higher. Closed slightly lower. Hogs off car 15 cents to 9.15. Silver and Copper higher tin and Lead lower. Zinc unchanged. New Vork bar Silver and tin higher Copper Lead and Elm unchanged. New lower rub Ber higher Coffee and sugar in changed. New York Canadian Dollar unchanged at 1.01. 251 47 65 Granada Gunnara h o g. Hollinger ___1750 Home Oil 107 g. I33 h. B. M. ___1350 Halcrow 14 Harker 10 into. Nickel Jack m.-. I Kirk. L. I Kirk. H. I Kirk. T. 23 i Little l. L. 605 i Lake Shore .s350 is pfc Maron. 8 Lee ______12 Lakeland 2% Lencl Oro Maple Leaf _ 28 a cases 244 Mck red l. 168 Mcwatters _ 35 Man Eastern 30 mclntyre___4775 Merland Oil 29 200 145 3 32 4-iou 14 214 356 193 20 i 19 i 8 a 11 45 80 172 58 172 s6 181 200 140 12 i 1s5 351 ibs 78 169 57 commodity Index special United press despatch to free press by free Tress private wire new York. July and Bradstreet s daily weighted Price Index of so Basic commodities compiled for the ten Ltd Tress 1930-1932 average 100. Thursday 112.24. Tuesday 111.81. Week ago 11.1.0.1. Month ago .112.9-1. Year ago. July 193-1 a Gigli. Jirine 1931 Low. Jan. 3. 101.05. Copyright. 1934, by Dun and Brad Street inc Moody s 1ndkx press despatch York Only Nev of is Staple commodity prices dec. .11. 1031. Equals .100 in life average equals thursday previous Day 13s.8. Week ago 141.0 year ago . 1934 High 142.3 193-t Low 126.il. 1933 High 148.0 1933 Low 78.7. 1932 High 103.9 Low t9.3. Copyright 1934, by Moody s 1765 107 134 1350 14 Lou 25% 4 7 a 66 24 i 665 5365 8 12 16 31 246 170 36 34 4835 1750 lit 1335 14 10 45 65 23 600 5350 ?.a 400 13 i 200 140 3 31 4400 14 2cj 351 192 29 i i to i 45 80 no 57 no 14b 1760 1c7 132 1350 14 10 i 25% 2600 1200 1ucu 3500 Iii 45l 2850 3235 20100 29bl 1200 bought on expectations that product 2900 i Tion was dragging the. Seasonal Bot i torn and that a recovery was in Prospect next week. Home stake mining further in trenched its position As the highest Price Issue on the Board by spurt 2612 ing 9 Points to 421 As directors de 1000 cleared an extra of 52 in. Addition to 200j the regular monthly dividend. Powder stocks were Strong Hercules rising 4 Points to a new 1934 top at 77, while Dupont ran up nearly 3 Points. Other gainers Assurance that enough proxies had been obtained to the company s Rei lifted Armour of More Chan a poin de a new Peak of and finished 2 pc sugar shares were ing sugar prices ther reduction of Swigar. 6100 54 a 1400 a 1500 5 36500 ,5 196 7 2000 3 is 5000 a 1900 Stewart Warner Studebaker tingled aircraft . Rubber yellow truck _ 27 i. 154 h a 4% std 12 20h i Mathieson Alkali 3254 j4 Montromery Ward 28 j54 Nat. Biscuit 3114 Svi 20vs in 53 134 16 i 1 in. Wh4 28 1 in. A 1 1714 1 i a 4 4v4 17vs 17h 4m steels am. Loco. Am. Roll. Mills Baldwin Loco Bethlehem Byers a. M. Case j. I. Cater. Tractor Colo. Fuel Gen. Ely. Sig. Int. Harvester Otis elevator Pullman 34 a i i _ 21 14 1 Nat. Biscuit _ Nat. Cash bes. _ Nat. Dairy pro. _ that. Paramount Public Enny. J Proctor exas Gulf sulph. 38 5i Lou Oil of Cal. 16h we in. Utilities inn. I for. Per. K a 8 8 in. My. Or _ 7 a Xvi 7 i in. Tel til 114% 112% 114. 1 m. It. Was. Cd. 21 a omm. Sou. Vaun. On. Gas 34% 33% lit Lee. Per. I it a 514 a i in. At. Tel Tel. _ 12% 12v4 .12vi in. At. Per. It. _ 10 10 in. Orth an. Co 17v4 i7 17 94 acidic Gas in is Exchange Rinshed Ain co. Ltd. July 5. Par bid ask s100 63 no 31i no s no 14 v no .72 25 i 100 x8 100 6 _ no 1 no 15 no Calif. Edison Jbv Luh .lg9i in. Tand. Gas a United corp. _ 5 in. Noted Gss 16 15% j5t4 in. West. Dion 43 1% stocks Bingham. Mckay Ltd july s. Open High Low close brew. Corp. 8% 8vi 8% brew. Corp. Pad. _ 28b _ 28 a a Burt p. N 33 33 33 33 Qia by Avi Avi 5 2 no i 100 chem. 132% 130 Svi his Chalmers 15vj an. Bank 21vs 21 21va p chicle Sovi bread 1 a 2% 2% 2ta 10 1.00 100 89 x9q no 33 34. 100 10 a 100 100 50 50 100 x320 100 20 int. Corp 7% 194 7% in. In. Bad. . 14 1394 14 an. Tubac. B 75 canners 5jab 6a can. Dredge l. _ _ Oil 15iahisa 2fi 2894 rv4 b 8% Gas lab i 182a can. Vinegars a Sib 26 a dry 21 _ Hilds 5% h Oca cola 13014 136 i corp. Invt 15% 15va 15 a Ford of Canada _ 20% 21 21 Gypsum 6v 6 a 6% s a Gen. Elect run tire 118v4 11814 118 118 50 10 100 160 100 17 100 65 is .54 u .08 no .03 no 2.05 no mines Jas. Kiili Aruso int. inv w of Secord 55b Tslia Loblaw a 16% 16t4 Maple Leal to 75 .75 75 Maple Leaf pad. _ _ Moore corp 15% 15 i 15% 15% ont. Suitable 5 a _ _ photo engravers 19ta 5. Bid. Fax. Hib it As 7n test 23b _ 25a service station _ _ 7a Standard steel 5b 5 an is 1.70 no 13.50 mfg. Hib Long Lac Brew. 8 a 14 u 14 i _ 77 Summit 62 curb Porcupine Gold units 33 old Hammond 3s Nanton july 5. Open High Low close Abi lbt com. 135a Assoc. Brew. _ 10% 11 10% 11 41 20 9 33 26 27130 135 14 15 _ .17 39 33 35 30 _ 2a 7 8 6 i and dist. 12512a p brew corp. Com. 8 a brew corp. Pad 28 Sivu Ion n 100 50 25 no 2.75 units a. Oil _ h a 14 a Mashni 331k 33 a i an we Onsri 9.3s Ensline Cring no 31 t a 20% 20% 20v 3_ 20% 106.25 107.75 100.25 101.00 108.25 109.10 108.25 can. 13 Oil .110 110 Oil 14% 15 Xvi 15 Imperial tobacco _ 10 a _ Lova int. Petroleum _ 27 a 27 a 32 i Cockshutt 59 millies a 65 70 65 70 a m k Horsey _ Price Bros. Com. _ 3 a _ _ 3v4 32 hi5.rs Gold 232 232 230 230 ins Boins Enst brew. 915 915 915 915 Lake col Short Bank stocks James Richardson sons july 5. Open. High. Low. Close. Can. By. Of com. 158 104.40 104 104.25 Frold 3? Gold 25 to Pound. 15fl Ini 00 102 _., 330 135 Vanson Manitoba by. 16ob Imp. By of can 171 172 171 172 Banque can. Nat. 135 135 of n Scotia 258 _ 2os by. Of Montreal _ 190 a 19oy2. Iso 190 Royal by. Of can. 158 160 158. 160 by. Of Toronto _ 101.50 102.2 t. Dominion. 40 Young Navi Siroti 33 Street hour by hour j 4. 1 White Nan Toni july 5. N Hiah Low Clos i 65v 4 18i 2 18v4 271-4 i 2vi 2 i 2v i 3v, i 3v i 2% 2-v. 2 re 2 2v i 15 a 14% 15v i 20t4 20% 20t i 7% 7 i 62% 62% 62 i -41v8 46% 41v 15 15 15 i 27v, -271" 52 a 52la 53v2 i is 6s a 2% i 2s, 3 3 3 a 17v4 17 h 17 a a 27% 27 a 27v i6va 16% a 214 2% i 3% 3% following Price indexes supplied at intervals during All sessions o the new York Stock Exchange by Dow Jones and company indicate the Market trend of the major groups of securities listed. The averages Are computed by dividing the total prices of each group by the following industrials 15.46 rails 17.8, and utilities 20. Price indexes for thursday s session follow 30 industrials 20 railroads 20 utilities previous close 94-80 42.79 23.50 00 Ara 96.03 43.17 96.14 43.17 23.57 96.30 43.22 23.56 96.73 43.32 preliminary calculation 96.44. 43.30 23.56 s Range open High Low close 30 industrials 95.37 9632 95.19 43.45 42.93 43.30 2340 23.58 23.32 july 5 Lovi Lova utilities b. R. Bay big . Can. Coast Caribou a. Georgia Trull Gran .4 -3. International Coal Coke Kootenay Kootenay Mill Vi-13. Morning National native Noble tend Premier Pioneer Porter Reeves Reno Sally Standard Taylor b. Taylor wind a. White Vij. A. P. 17b. C. E. East Highwood Home Nordon i tilled London july 5. Bar Gold advanced 2 Pence to 137s 7d. U. S. Equivalent on basis of Sterling opening at a it London july bar Silver firmer 3-16 higher at bar Silver gains new York july 5, bar Silver advanced of a cent an ounce to 46% cents today to equal its 1934 i High which Mac in february previous to that the Metal Hart not sold that High since 1930, when it readied 46% cents. A . Bar Silver new York. July bar Silver steady is higher at Silver futures associated press new York Loans showed uncles in thursday s Bona though trading was que improvements generally total transfers of value about equalled Greg ate the Standard average for 60 ate issues advanced two tenths 5 Polar to 86. Of among the More Active fractions to around a Point issues of Alleghany corp Baltimore and Ohio corporation Burlington 5.1 Ciao and North per. Columbia c Hudson and International Telephone trial. Nickel plate Noni Iet a philae Lnla Kea and Iron Southern Pacific Toul railway and utilities pos Light. Colorado fuel Points. A rally of 1 to 2 German Dollar obligation i _ the Only feature of the to life Young plan secs and 7s gained 1 and respectively lowing word that the Lelih had Stih de an agreement Etta Guicai by Oil the continuance of interest ments on these issues. Closing Exchange sates new York july 6. Silver futures closed steady 10 to 52 higher sales ounces. 47.106 sept., 47.55 oct., 47.75n dec., 48.30 jan., 48.50n March 49.10n. Paris Money Canadian press Cable Paris july per cent rents 77 50 centimes 4% per cent rentes 91.80. London 76.61. The United states Dollar was London Money London july Bank of eng land today bought in bar Gold. Money per cent. Discount rates Short and three month Bills to 15-16 per cent. New York Cotton James Richardson ;