Winnipeg Free Press

Winnipeg Free Press (Newspaper) - April 25, 1938, Winnipeg, Manitoba Page sixteen Winnipeg free press monday april 25, 1938 april recovery on Canadian Stock markets seeded up with heavy share Market making substantial gains on the promising Outlook for Good wheat Croo in West Toronto april 23. Up the april recovery in Canadian Stock markets seeded up in the last j week and listings now have erased j about two thirds or More of the de Cline from the highs to the lows of the year in the average. The pick up was attended by expanding volume and Friday s Trade of j 000 shares on the Toronto Market was the heaviest since March 16 when shares changed i hands in a Sharp decline. J in Canada the share Market is getting considerable help from the j promising Outlook for a Good wheat crop in the West. The Advance of j Spring is reviving activity in new mining areas and a Large number j of companies Are involved in raising i new funds for new ventures or 1 or further development of old ones according to information coming from the Ontario Security commissioner s office. Noranda registered the Best response to the View recently expressed by an Industrial Leader that Copper has better than an even Chance of advancing in Price this year. Saturday s Canadian . Stocks Bonds new York with the exception of a few favourites Stock Market leaders lost rallying vitality saturday and profit Selling served to bring a moderately uneven close. Business news was still far from heartening Market Wise and fall ing earnings in the first Quarter As revealed by the flow of corporation statements exemplified the inroads made by the recession of potential dividends. Most Power and Light shares along with steels rails coppers and rubbers flipped a Shade either Way. James Richardson sons metals net High Low close change sales Grant Spratt. Who has been appointed assistant manager of the Anglo Canadian Oil limited. From 1926 to 1931 he was Alaska Juneau an. Metal an. Smelting Anaconda Cerro do Pasco. Dome mines Insp. Cons. Cop. Int. Nickel j Kennicott Mclntyre pore. Mckeesport tin Phelps Dodge . Smelting it posted a s3 gain for the week asocial cd with the Dominion gov while International Nickel Samedi department of the 90 cents consolidated mining and smelting 31.50 and Hudson Bay Interior following which he was the cheaper base by the provincial govern moved ahead moderately. Ament when they took Over the Silver stocks trailed the list and natural resources. Since 1932 he Eldorado was a feature on a Rise of been resident District Engineer 28 cents to of the Petroleum and natural Gas the Gold share Index Toronto 1 division of the Alberta department Market closed Friday at 117.08. Mines and natural resources. Base Metal share Index recovered to j 78.15 Friday against a Low of 64.47 _ _ and a High of s6.46 for the year. F jul Mai Ril Industrial bids raised jv.11. Laloli vol bids were raised for the Indus j trial stocks on comparatively Small j trading featuring the steels the senior oils and the utilities. The Index for the group touched Low for the year on the last Day of March at 97.66. In three weeks therefore the Index has recovered Revenue off Montreal april 23. March operating Revenue of the Canadian National railways was a to 114.65. The year s High was 126.85. Reports that the British govern-1 yith ment was contemplating the award _ ing of armament contracts m can i for March. 1937. Ada have possibly had a supporting operating expenses were effect on steels. National steel j 309, an increase of compar ally go i. Corp. 10 33v, 40 a 30% 36 54 12vi 48% 36 39 a 32% 39 2914 35 vib 12 i 47% 35v. 24 59 58 motors 3v, 33, 4vi 4 12 28% Collins a Kinan 22 Auburn aviation corp. Bendix aviation. Bockins air plane. Bribes Miff Chrysler Curtis Wicht a. Curtis Douglas aircraft. Elco. Aulo Likht elec. Storage Batt. Gun Cronl motors Goodrich tire Goodyear tire Hudson Mack truck Murray corp. Nash Kelvin Tor North am. Avn. Packard Studebaker United aircraft United air lines . Rubber yellow truck am. Car. Fly am. Roll. Mills Baldwin Loco. Bethlehem steel Case. J. I Caterpillar trac Colo. Fuel Crucible steel Gen. By. Sig Inland steel int. Harvester Otis elevator steel id 1714 20 i 20-3 6 5% 27 a 8 a 29 13 19% 18v. 3 13 28 18 fi7 62 203 13v, 21 is 45 Tim r. B. U. S. P. I f u. S. Steel Vanadium West. A. B 42% 17 vib 32% 9 28 h 12 i 18 1714 7% 49% 7 9 a to 20 14% a i 17 4 it a 20 in. Vun. A 39 29% 457 16% 16v 21v, railroads 28 4 a it 19 49 i 79v44. 1 27 in 4 3% 1 20 Winnipeg steady to easier quotations were posted on the Winnipeg Exchange saturday morning. Transactions completed were con fined to four securities Wingold Gurney Oro Grande and Marvel oils without any of these nor Mally heavy traders developing any substantial volume. Gurney slipped into a decline of a cent at 20, with the others maintain ing their Friday closing Levels. Bidding in Sachiyo River stood unchanged at 11.25 to 11.50 and flin flon 3 to moderately lower than Friday. Car Canadian car and foundry j de with and Dominion steel b were among i for the same i another sizeable trading flurry i for the first three months of 1938 was registered. Royality led with a s2 gain and issues up 8 to 20 cents in the period included Calgary Edmonton. Home Kalta and foot Hills. Last ear operating sex atch. T. Balto. Ohio Brooklyn my ten. Canadian Pacific. Chs. Ohio Del. Hudson Erie common it. Nor. Pad. Illinois Central mo., Kas. Tex. N.y., Chi. . 10 0% car loadings drop to for week Ottawa april 23. Up car loadings for the week ended april 16 totalled cars compared with the previous week and in the corresponding week last year the Dominion Bureau statistics reported Friday. Cai Jinan flin of increased j Penna. . Southern . Southern Fly. Compared with unlisted mines by James Richardson sons april 23. Argosy Albany River Al sold Algoma Summit Athena Bailor Barber Larder Bear big master Berens River flon dropped to from 32.213 a year ago. While those in the Western division totalled against in the Western division can. Pandora Canda Llaca Central Manitoba Chesterville Coin Lake cres. Kirk. Cuni Tau miscellaneous was heavier than in cont Kirkland 1937 by 366 cars and Ore by 296. Crows on Coal Coke and pulpwood also showed Small increases. All commodities except pulpwood and Ore were lighter in the Eastern Divi Sion compared with last year. Fasken recommends Nipissing dividend Toronto april 23. Fasken. Vice president and Secre tary of Nipissing mines company limited told shareholders at the annual meeting Friday he would recommend payment of a 10 or 15 cent dividend this year. In explaining the company s in Terest in Michigan Oil Fields Gen eral manager Hugh Park said in dividends had been received to Date on Nipissing s Origi Nal investment of and Magnet Lake Dawson White Dunlop a. Dickson Sachiyo Bonanza isl Eva Lake i flin flon Gold forty four Frontier Golden Gate Gordon Lebel Gurney Gold Hall nor Hudson Patricia Hugh . Hutchison Lake great Falls a Crow Patricia Lakeside Kirk Kennia Kov Agama. Kirkland Galeav la Fayette i Lacoma Lake Rose Lumaque Lake Rowan Lake Gen. L. L. Lacoon Magnet j Malartic Goldfields Manitoba Basin profit should be continued for a few years though on a diminish-1 Martin Bird ing scale. The company is watch ing Promise. New Oil properties of great lakes paper creditor Toronto april 23. Up announcement is made by president c. H. Carlisle of great lakes paper that claim of the company against j Minnesota and Ontario paper com i Quebec Manitou Pany has been settled whereby Rand Malartic great lakes paper ranks As an Rice Lake Ordinary creditor for Gold it is indicated the settlement was Sachio Moffatt Hall new Mosher Long Lac Moosha Mccarthy Webb new rib ago North shores Oklend o Leary Malartic Oliver Severn Ope miss pan Canadian Oriole Pascalis Pontiac Rouyn prop. Mines Plains Pete Sand River is Hedon Larder Shenango Siscoe Extension smelters Gold split Lake Springer Sturgeon Sturgeon River Sunbeam Kirk. Agreeable to All concerned. Alberta Pacific profit Calgary april 23. Up profit Skookum in 1937 of after depreciation tsnawanda0" nip son and depletion of is shown upper Canada in the annual report of Alberta a j Val d or civic consolidated oils limited. Gross revenues totalled in Swinoga chiding s42.571 income from and was can a mines profit on sales of investments and a Chis Long Lac profits on sales of shares and Wesley Gold win sold j Woc o Gold i y. Davidson equipment. Lake american freight loadings Advance Washington. April 23. Association of american report 537.585 cars of Revenue freight May were loaded during the week ended july last saturday. September this was an increase of bid 3% 48 311 22 11 i 38 i 1 39 120 3 16 6 40 4 43 31 i 20 600 ask. 4vi 50 41 23 12 lev 6 Allan. Cont. Of Del. Freeport Texas Harbour a co. Houston new mid. Cont. Pete. Phillips Pete pure Oil cons. Oils i Socony vacuum 39 2 Skelley Oil stand of Cal. Stand of n. J. Texas corp. Union Oil of c. 17 12v, oils Stock Par bid asked Alta. Pac. Gun. Pad. 100 16.00 19.00 Alta. Pac. Gun. Com. No 2.00 4.25 Beaver lumber pad. 100 96.00 Beaver lumber com. No 2.25 4.00 29 i Blue ribbon pad. 50 31.00 31.50 36 i Blue Kibbon com. No. 4.50 Brit. American Oil. No 20.75 it c. E. Corp. No 2.60 i Canadian airways no 3.50 4.00 it can. Pacific railway. 25 6.85 a Corr. Paper Box pad. 100 88.00 in. Corr. Paper Box com. No 2.50 it cres. Creamery pad. 100 15.00 58 i Dom. In. 4 car pad. 100 94.00 97.00 Dom. In. Car com. No 2.50 3.00 Federal Grain pad. 100 24.00 Federal Grain com. No 2.00 . Sadd y 6% pad. 50 . Sadd y com. No 1.50 Imp. Oil no 17.75 int. Nickel no 48.10 North Star Oil pad. 5 North Star Oil com. No 1.00 Reliance Grain pad. 100 x48.00 Reliance Grain com. No 3.50 Ltd. Grain growers. 25 7.00 Western breweries no 1.50 w. Can. Flour pad. 100 w. Can flour com. No 3.00 Western Gram pad. 100 5.00 West. Grocers pid 100 106.00 West. Groc. 50.00 Western steel prod. No wings Ltd. Is mpg. Elec. Pfd.100 mpg. Elec. A no mpg. Elec. A no wings voting Trust insurance Trust loan. Etc Beaver fire ins. 100 can. Fire ins. 50 81.00 Canadian indemnity 100 125.00 it West life Assur. 100 305.00 Home invest.100 nor. Can. Mtg. Pad. 25 3.00 Monarch. 10 . Pm. 100 23.00 North. Mage it. Pm. 2.00 Northern Trust 20 6.00 Royal Bank 100 175.00 Sovereign. 25 . Pm. 100 13.00 traders bldg. Assoc. 100 investment. Can. Amer. Trust no 3.00 3.25 can. Invest. Trust cd no 3.65 3.85 fund. Series a no 4.08 4.62v4 fund. Series no 3.70 i grouped income no 4.65 sales transactions saturday morning april 23, 1938, from 9 to Sovereign at 1x00. National at .28v4. Gurney at .20. Oro at .03, 500 at .03. At .04vi. Marvel at .09vi. Split at 500 at .04k 500 at 500 at monday april 25, 1938, the trading hours on the Exchange will week Days 8.00 . To 3.00 . Saturdays 8.00 . To 11.00 . Curb and Bailor Gold mines. No .02 .02vi Bruce cons. .03 8.25 7.00 1.00 1.25 21.00 2.00 3.50 1.35 8.00 40.00 3.50 55.00 9.00 .65 11.00 2.00 2.00 .50 177.00 14.00 81.00 v 1 12v, lev i 12v, 7% 6 lib 41 20 a 125 6 it n Lovi 5 7 a 3 22 650 6 590 3 20 s 77 13v, 32 1 33 4 34 tvs 5 4 1 is 6 i 4v 30 fib 250 12 1125 9v. 28 16 4 23 4 9 25 23 1 t 3 45 80 3v 7 12 4 1 16 20 6% 5vi 4 to 32 i 3 12 i 10 625 10 22 6 79 14 4 34 2 35 5 35 7 7 7 8 20 5 a 33 10 270 4 17 59 40 45 1 14 2v, 1150 11 3tr 18 4% 24 2 a 5 10 23 2 4 3v, 47 100 a 8 8 in 12v, 14 4vi 2 6 is 21 am. And f. P. Am. P. And Am. T. And t. Am. W. W Columbia Gas comm. And s. Cons. Edison elec. P. And Int. T. And t. Nat. P. And North am. Co. Jac fir g. And e. Pub. Sec. Of . S. Cal. Edison Standard Gas United corp. United Gas Imp. Western Union 11 a 9% 14 25v, 30 40 i 20 utilities 18 35v, Llva 9vt 13% 29% 39 29 in. I it in. 18 it 35v, it i 13% in. 4 a 30 48ti in. 39% in. 5 130 9 35 i 5 128 to 183i 293.i 3 Lovi 24 Vij 814 7 18 9 i Svi of Viv 4 a a tin. 1vi 9 miscellaneous air reduction Allied chemical Allis Chalmers am Bank note am. Can am. Com. Alco. Am. Int. Corx am. Rad. . Am. Tobacco b Armour new Borden Burro Nahs Calif. Pee. Canada dry Ceia Csc corp. Childs com. Solvents con oleum cont. Can Corn products Coty Dusom Eastman first Nat. Stores. Fox film general electric. General foods Gillette great West sugar and. Roj on 47% 146 13 it 11 47 6 12h 43 16" 47 4. 203 40 64 3v, in. 15 145i 14 4v, 4 to 7 20v, 41% 64-v, 105 102" 153% 153 22v4 36 a 26% 9 28% 17 22 a 35% 26% 8% 2b i 17 Xlyn. T a 64 to 153 in. 28% 17 int. Bus. Machines 1451. 344v2 pad. Int. P. Pal. Int. Paper Lone Star Johns Manville Kresge. S. S. Lambert. Liggett m. A liquid carbonic. Loew s inc. Nat. Biscuit Nat. Cash Reg. Nat. Dairy prod. Nat. Distilleries. Paramount Public Penny j. C. Proctor a Gamble purity bakeries. Radio corp. Radio Keith Orph re Mintron Rand 39 69 17 it 94 16% 43 33% 20% 16 a 13 a 19% 9 it by. 11% 28 7v, 67vi 17 11 94 16 it 42 32% 20% 28 14 1% 17 in. H i 94 a 16% in. 42 a i 8% new York sugar Jarnes Richardson sons april 23. Low close High 2.01 2.06 1.92 1.98 2.02 Reynolds. A 38% 38vi Safeway stores 16% scars Roebuck 60 58% Swift and co. 17v. Simmons. 19% ia34 stand. Brands 7% 7% trans Morica 10v4 Underwood 51 Union Carbide 7fl United fruit 62 u. S. Ind. Alcohol 17 16% Warner Bros. 5% Zenith radio 12 we Stinehouse 79 Wool Worth 43v4 43 Worthington p 15% . Total new York curb in. 4 Vivi in. 18% in. It 4 88 114 it Viv 4314 in. Jackson Bros. Grain co. Ltd april 23. Open High Low close co. 75vs 75vs 7514 20% 21 207, 20yb 25 25% 25 13-16 a 13-16 2.01 2.04 1.88 1.96 1.98 2.01-2 2.04-5 1.89-90 1.37-93 2.00-1 cars or three per cent compared with the preceding week a de new York Cotton James Richardson crease of 208.933. Or 28 per compared with a year ago. And a May decrease of or 41 per compared with 1930. High Low close i december off .02. 915 920 893 900 909 912 910 916 904 907 910 916 883 896 904 907 Toronto Stock averages Melady Sellers co., Ltd 20 Indus. 115.74, up 1.01 20 golds 116.48, in .60 10 base metals. 77.75, in .40 15 West oils 42.03, in .32 total new Yoke hide futures James Richardson sons april 23. High Low close j March june september december 17 lots. 10.40 9.50 9.90 1d.22 10.32 9.40 9.69 9.98 10.28-31 9. 35-39 9.69 9.98 aluminium an. Cyna mid am. Gas elec. An. Super per can. Marconi carib. Synd1. Cities service Cord corp Crole Pete. Crocker Elco. B. A. Gulf Oil Humble Oil pc Road St. Resis paper Segal lock pan Amer. United Light Niagara Hud. 11 it 1% 23% 6 7v, 1% 3vt Iva in it 1% 23v, e to in 1v, in in 23 a 37 69 56 1% 3v, 14% 2% 37 69 56 1% 3v, 14% 214 in 1 i in in 1% 23 i 6 73.i 37 69 56 1% 3 it dividends declared the regular 12% cent quarterly dividends on the common payable May 16 to shareholders of record May 2. And s2 on the preferred were declared Friday by Canadian of company limited. Cons. Goldfields Dick Stone Copper Mandalay Star Lake Bailor Send. B. M. Cynd. Canadian Rand Clover Gold Clover Gold synd. Cryderman Gold a. Dickson Sachiyo flin flon Gold forty four Gold Island Gold Lake great Falls m. S. Gurney Gold Island Lake Joycy Island knee Lake Malartic Goldfields Oro Grande Oxford mines pack sack Pine Lake Rice Lake min. Sachiyo Hiver Scattergood Scotia Gold Wallace Lake wendigo Wingold mpg. River tin Marvel oils no no no 50c no no no no 51 no no no no no Psi sin no no no no no no Psi no Psi .01 .0114 .01 a .70 2.50 .03 .50 .0214 .05 .20 .01 .33 .02% .0014 11.25. .0014 .1014 .0314 .02 a .09 .03 .0114 .03 .01% 3.66 .0114 .03 10.00 .0014 .09 .0314 .05 .03 .0514 .06 .0114 .34 .03 .40 .04 .05 .00% 11.50 .03 .02% .01 .03 .09 i Montreal curb Osier Hammond Nanton open High Low close 175 Abi Tibi com. Abi Tibi Ltd. Asbestos Bathurst b Beau. Per. Bou Cadillac brew. Dist. Can. Brew. Can. Brew. Pad. B. A. Oil b. C. Packers can. Dredge can. Malting can. Vickers can. Vick. Pad. Can. Wineries cons. Paper dist. Corp. Dom. Engineering Dominion tar Dom. Tar pad. Donnaconna Dominion stores foreign Power Ford Fraser co. I. Walkers com. I. Walkers pad. Home Oil Hydro electric Imperial Oil int. Petroleum int. Utilities int. Utilities Lake sulphate Melchers Melchers pad. Price Bros com. Price Bros. Pad. Quebec Gold Robert Mitchell 11% Thompson cad. 27 Walkerville brew. 130b 175 165 i 20% 2014 2014 30 29% 8% it it 15 62 3b 9 fib 135b 16b 20% i2b 26 28% 8% 30 i 13% 70 40b 17 17% 143 143 140 3 17% 26v4 2614 26 70 314 2 61 514 18 it 140 3vi 26 i 7 it a 12v, 40v, 49b 4% 3vb 4% 12v, 12 Metal markets Montreal prices Montreal april 23. Copper electrolytic 11.40 tin 40.80 Lead 4.85 Zinc 4.40 Antimony 16.50 per 100 pounds . Montreal five ton lots. New York prices new York april 23. Per steady electrolytic 10.00 Export 9.92. Tin steady spot and nearby 38.30 Forward 38.35. Lead steady spot new York 4.50-4.55 East St. Louis 4.35. Zinc steady East St. Louis spot and Forward. 4.25. Iron aluminium Antimony quicksilver Platinum and Wolfram Ite unchanged. Toronto the Toronto Stock Market rounded out the week with a Dull session showing exhaustion from the vigorous upward flurry of the Friday Market. Trading dropped to shares in the first hour which was Down about. From the first hour Fri Day. The mining and Western Oil indices registered narrow de Clines and the industrials showed Little net change. Brazilian traction featured the utilities rising nearly a Point to 12% in sizeable action. Bateham Mckay Ltd Acme of ton Ajax Alta. Pac. A Dennas Anfilo Hur. Arntfield Ashley Astoria r. A Etc. Aug. Pore. Bag Mac Backfield base metals Beattie Bidgood k. Big to. Bobo Bralorne Brett Treth. Buff Ank Bunker h e. Brown Oil. C. E. Calmont Oil can. Malar Caribou Gold 224 Castle Treth 601 cent. Pat 273 cent. Pore. Chem. Res. Cd. M. S. Coast cop. Con Aurum com. Pete. Cons. Chib. Net. High Low close change sales 8b 2 a 24b 52 330 18 6b 3 a 35 14 vib 83 to 36 118 32 9a 3a 32a 27a 52 330 18 9a 4 3 30v4 9 870 4 15 16vs 55 260 4bb 31 36b 50 225b 134 39 22 270 14 20a 36 1 115 30 y. 45a 9 v. B70 15 a lev 54 258 2 49a .11 j 1 224 1 74a 270 5 50 300a 134 39 22 3100 300 500 2500 1000 12400 5400 11433 500 6500 2666 100 2000 155 1000 11900 800 3600 200 350 12600 57 14v, 56 54 a 15 23 11 172 270 600 Dalhousie o. Dark water Davics Pete dome Doryal Sis Denison a. East Crest East Malar. Eldorado Federal Kirk Foothills foundation p Francoeur Fernland Gillies Lake. Glenora god s Lake go Dale Gold eau goldfish Graham Bou Granada to. Grandora Guimar hard Rock Harker hip Wood Hollinger Home Oil Homestead Howey Gold h. B. M s Hedle m. Int. Nickel to. M. Cons. 7 Tacola 24 14 55 54 57 14v, 11 n. In. Tin in. 1 165 168 263 2h5 600 5 15 in. 700 600 1100 200 2600 1500 565 1800 400 1500 2 7625 in. 24700 in. 500 1 800 in. 500 600 14550 2300 100 800 1600 25 Jellicoe Kerr add. 195 Kirk. H. B. 80b Kirk. Lake 114 Kirk. T. 15b Lacuna 36va Lake Shore 51% Lamaque c. 3v, Laos cad. 51 Lebel Oro 8 Teitch Gold. 89 Little A. 430 macassar .460 Macleod c. 370 Madsen h. L. 32 Mal Robic i it Mandy he Man East 2v4 Maralco i2ta Mclntyre to 40 Mckenzie r. 90 Mcvittie 23 Mcwatters 62 Mercury 12b Merland Oil 8 mining corp. 187 Minto 2v4 Model Oil 37b Moneta 235 Morris Kirk. 11 Murrphy 2v, Newbeck 2vi Newbeck 2 Nipissing 182b Noranda 58 i Nordon corp 10 88 420 360 1500 22v, Riv 15400 1900 189a so 14 10 Montreal prices turned lower in late trading on the Stock Exchange saturday but the declines were confined to fractions. International Nickel eased and hoi linger was narrowly lower. Smelters gained a Small fraction and so did Noranda. Papers had narrow losses with Bathurst and Price Down Small amounts. In the rails National car slipped Canadian Pacific was off utilities remained firm. Brazilian added and Gatineau preferred was up is. Osier Hammond Nanton 12 a 25% open High Alta. Pac. Grain. Alta. Pac. Gun. Pad. 16b Assoc. Brew. 12vib Bathurst a. 9v, Bell Telephone 158 brazilian . Power a. 29 Bruck silk 3b building products 42n can. Car dry. 12vt can. Car dry. Pad. 25% can. Cement com. Lovix can. Cement pad. 95 can. Or. Per. Pm. Can. . Pad. 106ta can. St ships. Pm. 3 3vt can. St ships. Pad. 8 it can. Indus. Al. A. 3v, 3v, can. Indus. Al. B. 314 3vi can. Bronze com. 33b can. Bronze pad. 105b can. Cel. Com. 12% 13 can. Cel. Pad. 103a can. Converters Loa can. Pae. By. 7 7 con. Min. S. 57 Cockshutt plow 9 Dom. Bridge 28 Dom. Glass com. Jota Dom. Steel 12% Dom. Tex. Com. 60b Dom. Text. Pad. 143 a Dryden 6vi Eastern dairies 60b electro Lux 14 Fetn. Co. Of can. 12% g. Steel is. Pm. 6v.i g. is. Pad. 55b Gurd. Chas. Co. 7 Gypsum A. Hamilton Bridge 5vab Imp. Tobacco 14 into. Nickel 48 i int. Power com. 4a int. Power pad. 75a Lake of Woods m. 12vii Mas. Harris com. 7 Mas. Harris pad. 40b Montreal Power 29vii Mccoll Frontenac 14 Nat. Brew. Com. 38mi Nat. Brew. Pad. Low close 3 Xia 9 a 91i 12% 12 3% 3% 19a Lloa 3v, 314 3% 35a 12% 13 6% 57 57 12% 12 a 12v, 6si 48 48 Nat. Steel car Ogilvie com. Ogilvie pad. Penman com. Power corp. Quebec Power Shawinigan Sherwin Williams. A 150b 50 13 Isva 19 29vt 13 3sv, 41v, 40% Sher. Williams pad 120a Smith Howard 14b St. Lawrence c. 4 St. Law. C. Pad. 12 i feel of can. Com 64 steel of can. Pad 61b so. Can. P. Com. 12 so. Can. P. Pad 104b mpg. Elec. Com 2 mpg. Elec. Pad 7b West. Groc. Com. 50b West. Groc. Pad 106% 71 13v, 13 a 13% 14 via Loa 60a 112a Toronto industrials 1500 brew. Corp. 1500 brew. Corp. Pad. 11200 f. N. Burt 8550 can. Bud. Brew. Can. Canners 5100 Canada bread Canada dredge. 1200 can. Bakeries 12ho can. Vinegars 2000 can. Gen. Elec. 3800 can. Oil 500 cons. Bakeries 3600 cons Gas 8ix Dom. Stores 1400 equitable life 9075 Fanny Farmer 200 Ford of can. Goodyear of c. Gypsum l., a. George Weston h. Walker h. Walker pad. Kelv. Of Canada Laura Secord Loblaw a Loblaw a Pante Maple Leaf Moore corp. Toronto mtg. Photo Engrav. 5 2945 Rogers Majestic. It 2150 stand. Paving super test Pete Waterloo mfg. West. Can. Hour. Walkerville brew. 35 United steel 500 Bingham Mckay Ltd open High Low 145 145 140 close 140 3% a 17ba 14% 184 economic Index gains Point at 107.8 Ottawa april 23. Of the six major factors indicating trend of economic conditions recorded increases in the week ended april 16, the Dominion Bureau of statistics said in reporting its economic Index Rose to 107.8 from 106.8 the previous week. Although Only one of the six major factors showed an increase Over the same week of 1937, the composite showed a deficit of Only 3.6 per cent at 111.8. The Index and its six components Al. 17 Al. 9 Al. 16 1937 1938 1938 car loadings 82.4 71.6 74.7 wholesale Price. 86.0 83.3 83.0 Bond yields 136.1 154.1 155.0 Bank clearings. 108.4 92.9 93.9 com. Stock prices 139.4 93.1 97.5 shares traded 352.2 169.5 93.2 economic Index. 111.8 106.8 107.8 Hope to resume work in near future Hope that the Cochenour Wil lans Gold mines would be in a position to resume work in the near future was expressed at the annual meeting of the company by w. M. Cochenour president. Initial underground work on the. 150-foot level carried out by hoi linger consolidated and subsequent Diamond drilling indicated a number of sections where Good commercial Ore would Likely be found w. P. Mackly. Consulting Engineer reported. Following this the 275-foot level was established and a drive was put out along the main shearing without regard to Ore results. A programme of Diamond drilling was carried out with practically every Hole returning Gold values. Three of these holes when exam ined by underground work failed to show Ore while a fourth re turned Gold and some Quartz. Foreign u Montreal april and foreign Exchange saturday. Nominal amounts Argentina peso Belgium Belga. Til China . Denmark Krone France franc great Britain Hungary Peng Japan yen Yugoslavia Dinar Switzerland franc . Dollars 17-37 Coppei to during Canadian producers output of per in february _ in the in february i Copper production i month amounted to pounds compared with the month before. London averaged 8.751, Pound in Canadian Fura this Price the Worth the was 10.131 in the and the total Silver chit Montreal april 23. Pm futures closed 1 one Point higher. No i april 42.20 May 4l86. Air Speed up London april 23. French conservative member meet Friday called a Manchester May 3 to ing up of the government e gramme by All Means b Large purchases abroad. Exchange Bates at . Dollar 1.00 17-32 franc 3.03 31-32. At new can Adian Dollar .99 15-32 franc 3.02. At in . Dollar 59.34 cents Canadian Dollar 59.091 cents. U1 1832 _ be in an interim dividend if 30f per share his Ben the outstanding common company payable june stockholders of record x tic business May 16, 1931. Be mailed. The Borjon pm i l nor 11938 21 i 22 20% 5vib 3 my 2vib 31b safety for your Valatia avoid the risk of serious loss and ii vengence. Keep your securities Douht jewellery and other valuables in one of safety Deposit boxes. The Cost is less than you pay of jew daily paper. World wide facilities in every department of banking a Bank of Nova Scotia Normetal 63b 395 385 314 180 178 147 49 48 17v2 17 180 173 140 465 19 o Brien Oil selects. Kalta Olga Oil Omega 44 Oro Plata 114 Paralta 10 amour pc. 375 Pandora 35b Paul orc 10 Pawnee Kirk paymaster pay Ore Pend. Ore. Perron Pickle Crow. 475 Pioneer Gold 310 Powell Ryn. 206 Premier 215 p. E. Dome 95 Bead auth. 305 red Crest red G. Reno .58 Ritchie 2b Robb m. Roche L. 12 Royality Reeves Mcd. 30b St. Anthony 15 it san Antonio 129 Shawkey 2014 20 sheep Creek Sherritt a. Siscoe Sladon Mai. 128 slave Lake. 11 Sta Acona 73 Straw B. Sudbury Bas 255 Slid. Contact 14 Sullivan 105 Sylvanita 320 Tashota Teck Hughes 475b Temiscaming 14% to. Can. Oil 124 Toburn 225b towage Mac 1 800 2 Isoo a 7900 5 1400 5 600 5 675 5 100 6 5700 3 900 in. Tot 6300 .2 700 9gb 116 240 8b 115 236 122 Lov 70 250 13 102 315 15 4 1 129 1 14 look 115 in. 240 4 4 12.1 4 2 a 72 in. 9a 250 14 105 315 5 in. 4 i 6000 100 3000 167, 1455 18300 2500 5869 450 1000 800 515 14vb uchi Lake United Oil ventures Waite Amu. White Eagle cough. Wood cad. 45 172 20b 515 151 164 147 114b 4b 31 Wright. Har 750 wendigo 1014 124 1 250a 45 2 164 8 22a 51s 5 147 4 8 2a 4 via Siva of i 750 Lovi 1000 100 100 2550 105 500 3000 415 500 Canadian Bank stocks James Richardson sons april 23 close. Bank of Canada 59 can. Bank of com. 163 Dominion Bank Imperial by. Of can. 197b Banque can. National 160 Bank of Nova Scotia 305b Bank of Montreal 203 Royal Bank of Canada 177 Bank of Toronto. 233b Wall Street hour by hour a. P. White co the following Price indexes supplied at intervals during All sessions of 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 saturday s session follow 30 industrials 20 railroads 20 utilities previous close. 118.52 22.23 18.73 11.00 . 118.19 22.18 18.85 close preliminary calculation 3. 117.64 22.07 18.81 saturday s Range open High Low close 30 industrials 118.86 119.21 117.50 117.64 20 railroads 22.31 22.36 22.03 22.07 20 utilities 18.92 19.08 18.65 18.81 40 Bonds 86.63, up .53. Over a Centhy of banking Sel Yidi fair happened by dint of strict econom or. To mistake i. Of made the mistake of leaving everything outright to his widow and appointing her executrix of his estate. Mrs. To knew nothing of business she made bad invest ments tried to recoup her losses in the Stock Market lost still More. In lie end or. Is Home had to be for whatever it would bring his children could not Complete their education. His widow now lives in a tiny Flat and Seldom sees her former friends. Were wrong or. Foresight or. A realized that his not manage an inheritance. In v will he divided his estate i Niotta parts his wife s to be held in for her lifetime his daughter i she married or reached the Alf 35, his son s to be paid in. Ments at age 21, 30 and 35, Trust company and trustee. His Bijj . His enjoy the fruits of their today the world moves fast. Governments Rise and a Fly. Stock jump slump Prosperity and depression succeed one another with bewildering r few individuals untrained in investment management can follow these realize their significance. That is Why. Though Many fortunes Are Mada kept. We suggest that you consider the advisability of creating a Trust in your will and appointing this company your executor and trustee. Why not talk it Over one of our officers the Royal Trust company ;