Winnipeg Free Press

Winnipeg Free Press (Newspaper) - February 11, 1937, Winnipeg, Manitoba Page fourteen. Winnipeg free press thursday february 11, 1937 representatives of Germany s foreign Gred jlt0rs open annual meeting of Assurance co. Held in Montreal Sun life Assurance company s yearly statement shows sub Stantial Progress Montreal feb. 19361 financial statement of the Sun life Assurance company of Canada was released Here tuesday by Arthur b. Wood president and managing director who presided at the 66th i annual meeting. Of special Inte vast is the announcement that in 193 dividends j participating policyholders Are to be increased. The statement shows an increase in assets during the year of Over s70.000.0co to 539, the highest in the company a history and have increased by Over since 1d29. The Assur ances a Force show an increase Over 1935 at while of the Hudson s Bay company for new business for the year was Well administration of the firm s affairs wednesday s Canadian and . Stock Winnipeg Gurney Gold and Gold Lake were the most Active stocks on the Winnipeg Exchange wednes play. The former sold up a Little at 62, while Gold Lake was also up fractionally at Wingold was another Active trader and increased its Price from 7% tues Day to 9 on wednesday. Oro Grande was up slightly trading at up 1 from previous Clos ing. Flin flon was firm for one Trade at 16v4 while smelters Gold was unchanged at 9. Wallace Lake traded at and Winnipeg River tin at 2. Knee Lake was quite Active tuesday but prices were unchanged at 5. Pack sack was also firm and unchanged at 28 and Oriole sold in one appearance for 1714. Bailor Gold traded at 8 and Island Lake at 4, both firm from tuesday. Maintained at Over the company s securities Are car j ried in the balance Sheet at Book values which in the aggregate e lower than Market values. The amount of government and other Bonds is now Over 310 million Dol in Canada. Is for Dominion life Toronto feb. Annual increase of More than 90 statement of the Dominion life As Stock traded in million dollars since 1935. Investment income shows a sub Stantial increase and in addition profits from redemption or Sale of Ledger assets during the year exceeded the total income from All sources is up and increased to Over while disburse ments Are Down leaving an excess Durance company indicates that excellent Progress has been made Dur ing the year 1936. The report covering the company s operations for its 48th in assets of a total in excess of year reveals an increase Imperial Oil Over making North staf Oil pid. Assurances issued and Alta. Pac. Grain pad. 100 Alta. Pac. Grain com. No Beaver lumber pad. 100 Beaver lumber pm no Blue ribbon pad. 50 Blue ribbon com no Amer. Of no c. E. can. Pac. Ray. 25 Corr. Or. Box pad. 100 Corr. Or. Box com. No com. Securities Ltd. 100 cres. Creamery pad. 100 Dom. End. Or. Pad. 100 Dom. End. It car. C. No Federal Grain pad 100 Federal Grain com. No it. West sadly. Pad. 100 it. West sadly. Com. No no no february Par value bid North Star Oil com. Prairie cities Oil revived j Reliance Grain pad. During 1936 amounted to j Reliance Grain com. Of income Over amounting to More than ment was income the special contingency reserves creased during 1936 by West and and surplus of the Sun life total making a total of for the Western Over in addition to the j year and an excess of receipts Over special contingency reserves other i disbursements of is shown reserves have been Fri theri it is a matter of gratification to no no 100 no Western brew. 10 i w. Can flour pad 100 w. Can. Flour com. No rain pad. 100 strengthened. Taxes paid by the the Board that the gain of insurance Sun life exclusive of those on real in Force in 1936 amounted to estate amounted to in j 784, bringing the total for the com 1936. In 1936 beneficiaries. 37.00 96.00 4.00 37.00 4.50 25.00 5.90 18.60 91.00 4.00 36.00 97.00 1.75 47.00 4.75 34.00 3.00 21.60 64.40 4.25 2.00 96.00 10.00 1.25 85.00 11.50 12.00 grocers pad. 100 120.00 West. Grocers com. No West. St. Prod. Pad. 100 mpg. Wok. Wok. Elec. Pad elec. A elec. A Pany up to the amount i paid to i paid by the company in death claims was while the total pay ments to beneficiaries and policy holders amounted to Home investments has profit Royal Trust co. The annual report the Home investment and association to the shareholders at the annual meeting on monday shows a net profit of was earned during the year subject however to Dominion provincial and Muni Cipal taxes of si.189. Interest receivable on Loans and mortgages shows a reduction of s14.243 from the previous year due partly to he fact that few Loans have been made to replace those maturing. Throughout the year the liquid position of the association was Well maintained. Investment securities arc increased to at their Book values wit current Market prices running almost higher and giving a present value under this head of which to pc Caner with Cash represents a total of quickly realizable assets substantially greater than the entire liabilities to the Public amounting to the association has reserves and undivided profits totalling profit Montreal feb. 10. Financial report of the Royal Trust company delivered to shareholders shows profits for 1936 were As compared with in 1935. Profits transferred to profit and loss account amounted to while was set aside for Dominion provincial and municipal taxes other than taxes on real estate. The sum of was four quarterly Divi dents at the rate of a share annually. Toronto industrials Bingham Mckay Ltd brew. Corp. Brew. Corp. F. N. Burl can. B. B. Can. Canners can. Open High Low close pad. Gurney Gold advice from h. V. Echols mine manager of Gurney Gold mines is that the Shaft has reached the 625 foot objective and a station has been established. Cross cutting is under Way to open the Strong vein system Cut by the Drill Hole from the 625 foot station. By location this vein is a South Westward continuation of vein material carrying important values in Gold Cut by Drill holes from the surface 650 feet North of the Shaft. This vein appears to be a parallel occurrence about 100 feet to the West of the main vein system. Bread dredging can. Bakeries can. 15% 21 20sb Dominion stores. 11 can. Vinegars can. G. A. Can. Oil cons. Bakeries Consumers Gas equitable Trust Fanny Farmer Ford of Canada. Goodyear of can. Gypsum l. Al. George Weston Hiram Walker Hirran Walker pad. Kelvin of Canada Laura Secord Loblaw a. Loblaw b. Pante . Maple Leaf. Moore corp. Toronto mortgage. Photo engravers Rogers Majestic stand. Paving super test Pete Waterloo Mir. West. Can. Flour. Walk Orville brew. I United steel 8% 87 4414 6b 19b 3% 19 9% 8% 44 a 3% 8% 86 44 a 3% 19 43a 9% 28 87 be 15 47 i 36 i 74 24% 22% a. 8% 44 2514 8% 3 a lib 9 a 15% 21 la 23 4 29% 87 a .15 17% 47% 36. B 74 24% 22% 8vh 9% 44 25 a 8 a 6% 35 3 a 86 44-. 7a 20a 206b 15% 15% 21 21 206 Canadian airways insurance. Trust and loan Beaver fire ins. Fire ins. Can. Indemnity 100 no no 63.00 7.25 34.00 7.50 5.25 10. Asked 38.0u 6.00 5.00 97.00 39.ou 100.00 2.50 48.50 4.50 3.00 15.00 10.25 88.00 12.00 124.00 70.00 8.50 38.00 sk75 10.00 100 50 75.25 100 125.00 100 350.00 it. West Lite Assn Home inv. And s. An. 100 20.00 Mon. 10 . Paid. 100 21.00 nor. Can. Mage. Pad. 25 3.00 North mtge., part pm. Northern Trust. 20 Royal Bank cd 100 224.00 Sov. Life 25 . Paid. 100 traders Belg. Assn. 100 90.00 investment can. Amer. Trust no 4.80 can. Invest. Fund fund. Series a fund. Series a grouped income no no no no 4.95 6.84 6.06 3.25 9.50 5.05 5.15 7.37 a sales 11 87 a 15 17 a 46% 36 a 74 241 a 22% 8 a 25 a 8 a 0% 35 3 a 9% 11 29% 87 i 15 17 a 47 36 a 74 24 a 22% 8va 9% 44 125b 25 a 8 a 6% 35 3 a la a a 3a 9 Exchange rates by the Canadian press at 4.90 3-32 franc 4.67 . Dollar. 1.00 1-32. At new 4.89 15-16 franc. Canadian Dollar .fl9 31-32. At 105.10 for. . Dollar. 21.47 for. Canadian Dollar 21.47 for. In s2.86 . Dol Lar 59.44 cents Canadian Dollar 59.41 cents. At Dollar. To the Pound French franc 105.09 to the Pound. P cd Bond quotations Dominion of . 1 dec., 1937 c 4 a . 1 sept., 1940 c 5 . 15 nov., 1941 1c 5 . 15 oct., 1943 a a 1 a it 1 by 2v. A 4 4 h 1_ it 3% v. 1 44 i a 1% Vuk 2 4 a i a in. A a 2v a ,4 in. A 4 a in. -1 4 -1 4 -1 1 j i a in. 4 in a i a i a 1 a i a b v1 in. Sun. N i a i in. In. A 4 i a Bonds Montreal prices tilted Forward slightly in quiet trading on the Stock Market wednesday. Steel of Canada moved up to 88, a gain of and preferred went to 81, up four Points. Cement Dominion steel and Coal and Gypsum slipped Down each. Shawinigan was up is and brazilian Down Cockshutt plow added and Massey slipped a. Nickel went to gain of smelters to 77, up a Point while Noranda and Hollin Ger sold Down the minimum. Given by Eil May ask for to negotiations arc being kept be report that conclusions we of present to meet mines february to. James Richardson sons bid asked 62 65 28 31 National steel car to Dominion steel and Coal moved up to and general steel wares preferred picked up a at 17. Cement Slid Back i to Osier. Hammond 13n dairies 3% foundation co. 24a g. St. Wares com. 16% 17 16% 16vb g. St. Wares pad. 98 a 90 9814 99 Gurd Chas. Co. 12% 13 a 12% 13 a Gyp. Lime Ala. 14% 15 14% 14% Hamilton Bridge 16v, Imp. Tobacco 14% 14% 14h int. Nickel 65 a 65 int. Power com. 30 int. Power pad. 95 la. Of was. Mlle. 39% 33% 39% 33% mass. Harris com. 10 9% 9% mass. Harris pad. .62 Montreal Power 35 a 35% 35% 35% Mccoll Frontenac. 13% 13 a 13% 13% Nat. Brew. Com. 41 a 41 a 41 41 Nat. Steel car. 52 a 52 a. 51% 51% Ogilvie com 267 Penman com. 58b 63a Power corp 32% 33 a 32v4 33 Quebec Power. 24% Shawinigan 33 33yb 32% 32% Sherwin Williams 25% Smith Howard 21 i 2114 21 21 St. Lawrence c. 10% 10% 10 10 steel of can. C. 86 88 88 88 steel of can. Pad. 79 81 79 81 so. Canada per c. 16 a 18 a 18 a 18 Sou can pad 107 mpg. Al. Com a 7% 8 7% 8 mpg. Dec. Pad 34ta Basin Eva _ 7l-2 Lake 140 Grande 12 i 13 28 21 23 River 40 4.t slave Lake 350 smelters Gold 10 11 19 22 Johnson Nipigon 8% Westside Long Lac Vanson Manitoba 13.4 2 win offa Patricia 40 43 curb Hammond Nanton open High Low close Abi Tibi com 7% 8 7% 7 a Atai Tibi pref 48 48 46 Lake 3 3vi hed Lake 8 10 horse 27 31 b 7% 7% 7% 7% Beau Harn. Per. 8% 87a 8% 8% Bou Cadillac 99 100 93 95 brewing corp. 3 a 3 a 314 3 a brew. Corp. Pad. 18% 19 18% 19 . Oil 25% 25% 25 25 Canada dredge 43b Canada malting 37 37 37 a can. Vickers 13b can. Vickers pad. 60a can. Wineries 3 a 3 a 314 Cartier Malartic 40 40 38 40 cons. Paper 15% 15% 15 15 dist. Seagram 25 25 25 25 Dorn. Ensin 65b Domin. Tar 16% 16% 1814 Domin. Tar pad. 114 114 114 114 Donnaconna a 14% 14% 14 a 14% Donnaconna b 14 14 14 14 foreign Power 2% 2% 2% Ford a 28% 29% 28% 29% Fraser co 31% 31% 30% h. Walkers com. 47 47 47 47 h. Walkers pad. 19% 19% in Home Oil 380 400 375 385 Imperial Oil 21% 21% 21% 21% int. Pet 34% 34% 34% 34% int. Util. A 20 21 20 20% int. Util. A 3 2% 2 a Melchers a 13% 13% 13% 13% Melchers a Price Bros. C. 37 37 36% 30% Price Bros. Pad. 129 129 126 128 Quebec Gold 85a Reliance Grain 12b 14 Robt. Mitchell 25% 25 25 Thompson cad 155 155 150 152 walk. Brew. 2 a 2% 2% York curb Jackson Bros. Grain co open High. Low. Close. Atlas corp ht4 17% 17% co. Of a. Ibs 167 165 167 Amer. Cyna mid 3314 32% 33 a am. Gas elec. Kit 42 am. Super Power 2% Bunker Hill s. 115 115 115 115 can. Marconi 2% 2vi 2% 2v, carib synd. Ltd. A 2 a 2 a cities service 4 i 4vi Consol. Aircraft 26r. 20 26 a Cord corp sv4 set Creole Pete i5 a 36v4 35vb 36 Crocker we. Elec. 18 .4 18 is i elec. Bond so. 24 24 Ford motor. Eng. 7v. 7% 77i Gulf Oil of a. 60 60 Hall am lamp. 6v, 6v. Hume Oil r. 86 86% 88 Smi Newmont. Min. 127 127 129n pen Road corp. 43a St. Regis paper 9% Svi Segal lock h. 3% pan. Am. Air. 71% 71vs. 71 71 stand. Oil by. .20 20 20 20 United l. P. 10 by Niagara Hud 16 16% 15% wages Detroit feb. 10. A the Chrysler corporation tuesday announced a to per cent wage increase for employees. Cupper based on London quotations converted into Canadian funds at the Sterling Raate on tuesday Are As follows Standard spot 12.10 cents future. 13.18 cents electrolytic Ogilvie flour Mills company limited preferred per share payable March 1 to shareholders of not be announced Berlin feb. 10. Natives of Germany s foreign ors to whom in private de owed opened new German officials today. The conferees adjourned naming committees. They Weitz meet again tomorrow and Cobic talks for probably the remainder the week. The negotiations will and members said the results via Noi be made Public until the eni j the week. Or. Rudolf -.ckle. The Heich Bank hinted in 105% 28 97 29% 97 a 12% 12 57-% 27% 35 40 29 30% 14 138 id a 42 67 i 7% 173% 172a. 36% b2% 44 20 49% 37% 3fi% 68% 18% 102% 11% 57 a 27% 35% 46 27 a 13s Iny 4 i a s93a 67 a 7% 61 a 43v4 19 a 37 a 38% 68 a 17% 993a 77% 235 77 a 108 28 28% in. 97 a in 57% 4 i a 3oy34i 1 46 in 29 a 14 4 138 4 3 413a4 a 61% 2% 67 38 43 a 19% 37 a 30% 19% 18% 4 102% 4 per spot 13.18 bid 13.30 asked. Record feb. 18. The publication Staat Bank it Germany might ask for a Ful thorium including interest on her foreign debts. The conferees Are dealing Wii Only the part of Germany s to foreign debt was covered in a so called Stag still agreement last february Vancouver stocks close pc ii mines bid . Nickel Beaver Silver big Missouri 63 Bralorne .800 . Cons. 6. . Extension. 13 . Mountain 19 Canadian hand Caribou 16 coast brews .12m Congress Denton a 21 Dumvill 3u Federal Gold. Golconda Gold Belt Curulle w. Is Gold Mountain 31 Mak Siccar a Home Gold Island Mountain 110 Kootenay Belle. 81. Kootenay Florence Meridian 5 Minlo. 21 morning Star so Nicola. Noble five Isle Pend 400 Pilot Gold s Pioneer Gold Premier Gold .390 Quesnel Quartz. Reeves Macdonald 9r Relief Arlington 28k Hano 11b Reward Icli Sally mines Taylor Bridge 1u United Empire Vic Etc 75 was Crecy h Wayside k Wesko White water 2sv Ymir Yankee girl 46 Calgary Oil close . Cons amalgamated Anaconda Calmont c. And k Commonwealth Dalhousie Devenish. Dunwell East Crest Freehold wifi Wood Narcee Home Oil Marjon Mcdoucall sex Mcleod Oil Mercury Merland Mill City Model Madison Nordon Omaha Paralta ranchmen5 Roya Lilc Spooner Ruth Hope United Oil Vanalta Vulcan Sunshine is 48 146 580 72 310 38s 42 125 5f. 93 23 343 110 60 62 2b .4 2so is Ilic Montreal Gold Montreal feb. 10. L in London up one cent at ounce in Canadian funds i British. The fixed washing Price amounted to Dian. London Silver London feb. 10. Sire steady and unchanged at 20d. Montreal feb. 10. Futures closed steady wedge far unchanged to five Points higher sales. Bids feb., 44.30 May 44.05 july 44.00 sept. 1 14.7% 147% 147% 23 23 a 23 a lie. Meyers b 112% 112v4 liquid carbonic 48 a 48 a Liq Loew s inc. Mathieson Alkali Montgomery Ward National biscuit. Nat. Cash Reg. Nat. Dairy prod. Nat. Distilleries Owens tils. Glas Paramount pub Ltd Penny pc. Proctor Gamble purity bakeries. Radio corp. Radio Keith Orph Remington Rand. Reynold a Safeway stores Schenley dist. Sears roebuck., Swift 4 co. Simmons stand. Brands tra Samerica Underwood. Union Carbide 78 a 40% 60% 36 a 25% 27 a 21v, 12 9 26% 56 44 87 a 23 54% 15% 77 a 40 59 a 25 a 21 a 11% 8% 26 a 55% 431a 87 54% 15% 40va 59% 4 36% 4 28 v. 4 171 4 h3 4 55 a 431 27% 4 17 United drug fruit u. S. Ind. Al. Warner Bros. Woolworth Worth Iriton Zenith 1 radio in. 3 108% 107 a 2% 15% 15% "4 42 a 17v4 160 371.4 41 is it a 160 in. 59 a4 a a 37 37 a Sai -11 . Noon 000 1 Pirn. 2 p.m., total Bond averages Mills Spence co., Ltd february 10. Today Cha. 35 Domin. And Provin. 101.30 Short Canadas 108.03 h Long Canadas i. Domin. I guarantees i. 1107.40 i provincials. F 113.05 i Western 88.20 Bull and Sloppy Market Grith i Mand except for interest in Wber Little de in May 2- 36 we said buy 60c-now s9.50 in addition to the above properties in the Cadillac area we also recommended Lapa Cadillac East of the area shown an sept. 45 cents. This Stock is now we have watched the development of the Cadillac area closely since Early last year recommending the Purchase of o Brien at 60 cents on May 2nd, and making other recommendations Ai shown on the map above. We now strongly advise immediate Purchase of Ypres a. Cadillac. The company is Well managed and in Strong financial position. Development is proceeding rapidly under or. Way and shareholders will be kept advised. J t we now say buy 45c to 48c on unlisted Market i i buy through your own broker or Wirtz your order direct. Write for full information and our free weekly bulletin on the Market. Gold metals exploration co. Suite 45, 171 Jonge St. Toronto. Ontario ;