Winnipeg Free Press

Winnipeg Free Press (Newspaper) - May 02, 1938, Winnipeg, Manitoba Winnipeg free press monday May 2, 1938 Page fifteen saturday s Grain livestock produce Winnipeg wheat irregular Trade n nervous Grain Exchange winnip6g, april 30. Wheat was irregular in sat s Short session but Early Fles were recovered in the late Radin with october leading was. The May future entered some resistance on Advance hut values ended u session Ivic to higher May quoted at s1.20v4. Ices slipped off to in frenily stage in sympathy with a tinted weakness at Chicago and easiness in overseas markets. In showed the greatest loss and i wed on the rally until a few Imite before the close. Support was disappointing j Only Light Selling was needed depress values. Minor buying As attributed to Export houses of Canadian wheat for foreign account were restricted to i jew Odd loads including Drums. To Ere also appeared to be consid table evening up prior to the de month with traders Gener Jav displaying caution. Winnipeg Southern markets rallied in the open May july. Oct. May july "41% oct. May july 57y4 oct. 53 May 152 july oct. 153 May 59% july 60% High 120% 111 89 42ve 37% 57 a 153% 153 Low 118% 109% 87% 45% close 120y4b april 30, 1938. Prev. Close last year 119% 57v4 152 153 152 59v8 60% 88% 41% a 45% 37 a 129% 57% 53 152b 153% 152b 59% 60% 57 a 153 154a 60 61% 44% 74% 65% 55% 174 175 173% 116% 109% Chicago open 78% 6iy4 26% May july sept. 58 56v. 56 High 79% 79% 80 58% 61% 28% 27% 27% 58% 57% 56% Minneapolis May july open 86% no. 1 dark nor., 14% protein 58-60 ibs. Liverpool 30 quotations supplied by Broomhall today. A prices Are Cost insurance and Liverpool. Hour and locally fairly Good iving for Southern account was in overed. The Market responded apply Anco As takings dried up prices climbed to As much j Ifica Over Friday s close with Jav taking the Lead Only in the Iasi Twenty minutes. Export business in United states was Small and private . Sinter wheat crop estimates a Mared to be much in line with expectations. Nearby futures touched new lows in All Southern markets but toward the close gains posted. Liverpool wheat future prices declined in sympathy with the weakness in North american markets on Friday. Expectations of a larger United states Winter crop estimate and beneficial Rains for the seeding of Nev crops in the Argentine also contributed to the downtrend. Trading was slow and no improve Neil was noted in the demand for Stii wheat. A parcel . Soft Pacific wheat was sold for shipment during May at about s1.01 per Bushel , duty included. Quotations at be dose of the English Market were id lower per 100 pounds in All j positions. I b Aires wheat ended Satur-1 Dav ? session in to rec lower. I t Jacii Emu i Cirei Tuny 10 Srain u continued showers in Many sections store at fort William and port Arthur Low 78% 78 v4 79% 58 59% 60% 27% 26% 26% 57% 56% 55% close 79% april 30, 1938. Prev. Close 79% wheat quotations saturday april 30 Winnipeg to me higher. Liverpool lower. Buenos Aires to Yac lower. Chicago to higher. Minneapolis to a higher. Rotterdam to lower. Market Holiday the Winnipeg Grain Exchange will be closed today for the Arbor Day Holiday. Other Grain markets Well hold their usual sessions. Visible declines visible stocks of Canadian wheat for the week ending april 22 at 480.654 bushels 59% 26% 27% 27% 58% 58% 27a 26 a 57 a 56% High Low close 87% 86% 87% 87y4 87% 85% 84% 85% Minneapolis Cash close april 30 april 30, 1938. Prev. Close 86% 86% 84% april 29 92% 103% Buenos Aires wheat prices close lower Broomhall special to free Fross Buenos Aires april future prices closed saturday a to a lower with May and j june Corn closed Vic higher to unchanged with May and june flax closed a to a lower with May and june showers fell in the Argentine All Day Friday improving the seedbed but further delaying the movement of Corn. Saturday however the weather was generally Clear. 125 in millions of Bushe 1 1 1 1 1 1 1 1 1 75 declined bushels when compared with t h e previous week s total. Visible stocks were also More than bushels below figure for same week ago. Ship Broomhall says that on april 1 there were 50 steamers in the ports of the Argentine without any cargo and no likelihood of much improve ment. Freight rates however have not changed being quoted at 25s. Per ton which is the minimum. A to Brazil Peru and Chile but Only to Brazil Peru and Chili but Only bushels of bread cheats and bushels of durum grades. South St. Paul markets South St. Paul april 30. Cattle quotations Friday were steers Choice 750-Soo its.s8.40 Choice. Soo-1100 ibs.8.50 Choice 1100-1300 ibs. 8.60 Choice j 300-1500 ibs.8.60 Good 750-900 ibs. 7.50 occasional Sale has been made the . And the continent. In i Vancouver shipment May june no. 3 Manitoba Northern Vancouver shipment May. 130 to. 1 . Winters Gulf shipment May m . Soft White Pacific per by. Can. Money j Farmers Are hol Ding prices above shipment 103% Sian Best Quality Sample quoted x april shipment. Rl-1 the International Price level but it 139% i is expected that Freer offers May 130% to made in july after the com of 103% Vertex from their from the the United states department of agriculture ordered official into the Field to i Day to Light a self styled Corn Belt revolt against the new farm pro countries have been con i gramme. Asserting that the Situ saturday s approximate Exchange rate Between Banks. .-Wii-1 to a basis of Canadian funds at nation is becoming serious in the Winnipeg Cash prices these prices Are always the quotations co Sig the i Ruthern of the Argentine Are improving seedbed but further delaying the i no 2 Northern movement of Corn. No. 3 Northern Cash wheat had its usual Dull a no i Yearance on saturday with business j confined to Odd and one and i a 1 two Northern mostly taken. One no. 2 Garnet Northern traded at fractionally in i Jug proved spreads at one time but no. 3 nor. Tough flipped Back in the late Trade. The no. Drums. However Carne in a better no l nor. Smutty interest with exporters taking these no. J nor. Msj nutty classifications and spreads on two no l Amber durum durum and lower about two cents no. 2 Amber durum better. Coarse Grain Cash dealings j i Amber durum included Odd cars of Oats for Eastern no. L White Spring Domestic account and Export interest i i print apr. 30 apr. 29 no 4 special no. 5 in 3 . Barley. Pit trading in coarse grains was mostly routine with exporters Tak track i nor ing May Barley attributed to old j screenings per ton and a scattering of new business. Liquidation from Southern interests Vas in evidence in the Rye. Bookings smallest for Vancouver season ca.st1 Whiat Vancouver. April 30. 1 hard 1 Northern Northern so. 3 n Northern to. 3 wheat s wheat april 30. Wheat Cash straight 117 i 110 i 91 in no. 3 . Sex. 1 feed no. 1 feed no. 2 feed no. 3 feed track malting 6 Row sex. 3 . 2 How sex. 3 . Other grades no. 3 . No. 4 . No. 5 . No. 6 . 118 a 83% Tiv 112v4 11641 100% 82% 110% 107% 100% 88% 225? 837, 9814 80% 72% 121 a 100 47 a 43% 44 41 i 39 36 i 45 a 118% 111% 101-vn 77 a 70 a 116% 109% Liverpool futures Liverpool wheat futures close per j 100 pounds Mav july saturday 6s 6s 6s 6s 6s sved 6s converted Middle West the agricultural adjust ment administration instructed state country and township committees to begin an immediate coun Ter Campaign. In discussing the United states Friday Export business worked on Friday the journal of Commerce says it was revealed that Europe had taken fair quantities of new crop into i whiter wheat for july or August and Money at shipment and understood that sales a 109% i july 8u october these prices Canadian bushels saturday s approximate sex were on the basis of 99 cents . Change rate Between Banks Are As Continental Europe. This and the follows Friday s quotations were fact Fiat a total of Over of i hard Winters were sold for Export i converted at a rate of october 85 i 83 81 i 97 4 80 72% 121% 100 australian wheat i sections Benefit by Genera Rains Satur. Friday Friday suggests that importers 1.02% have Confidence in current prices. L00% considering the present need of .98% rain in Europe generally the fact that British purchases will be materially larger by reason of govern ment buying and italian needs 1.01 .99% .97y8 43% 44 a 33 be 36% Vancouver. . April 30. Cape there was no Export Busi mj5 in wheat or coarse grains in evidence on the local Market Fri 5a.v As Cash wheat prices dropped pack Over half cent. In View of very Small Grain sales Toush 115 a no. 1 2 3 98 a no. 4 88yt track 66 .4 no. 1 c. A. No. 2 c. W no. 3 c. W Rej. 2 c. W no. 4 c. W. Track 53v, 52v, 51% 57% 152 148 137 120 152 59% 50% 50% 59% 52 i 5 i 57 .4 153 149 138 121 153 60 60 56ya 51 51 60 Broomhall comment Atchison. Giddiness Raikes wire fairly general Rains have been experienced Over practically All the wheat producing sections of Australia during the past week but it is stated that the autumn i Rains Are still deficient and Are i badly needed to ensure sufficient i subsoil moisture for satisfactory i germination. No estimates of the probable try . H greater because of crop damage it is logical to believe that european Market sentiment is not As Bear ish As that prevailing in America. L the Xiv either in Europe is mostly and Cool with local showers reported in Germany and Belgium. Spring Rowings of russian wheat Are still backward being placed at acres versus acres during the same period a year ago. Private report said that s. T the the a year overseas ments for the week amounted to Bush Els and compared with bushels for the previous week and 1, 457, 101 bushels for the same week a year ago. The current Clear included bushels of bread cheats and bushels of Dur overseas ship t r of aug. 1 to april 22 comprised april business volume lower than last year april business conditions compare favourable with March but Are not up to the Levet prevailing at this time last year says the weekly re port of the Canadian credit men s Trust associations reports for Western cities follow grocery and meat sales fairly Good with fruit and confectionery sales slightly be Low last week. Tobacco sales fairly Good. Is shown in sales of dry goods clothing and boots and shoes but these lines Are still not very satisfactory. Knit Good sales Good. Hardware and paint sales show improvement. Sales of automobile accessories gasoline Oil and greases fairly Good. Retail Trade fairly Good. Collections fair. Grocery sales fair to slow. Dry goods slow. Hard Ware somewhat improved Over last week. Retail Trade is showing a tendency to slow up due to Cloudy and Cool weather. Collections slow. Moose boots and shoes fairly Good. Wholesale and retail groceries fairly Good whole Sale and retail hardware fairly Good. Dry goods fairly Good. Collections fair. Good. 900-Hoo ibs. Good 1100-1300 ibs. 7.75 Good. 1300-1500 ibs. 7.75 medium. 750-1100 ibs. 7.15 medium 1100-1300 ibs. 7.25 common. 750-1100 ibs. 6.25 steers Choice 550-750 ibs. 8.15 Good. 550-750 ibs. 7.35 7.65 8.60 Heifer Choice. 750-900 ibs. 8.15 8.75 Good 750-900 ibs. 7.35 8.1s medium. 550-900 ibs. 6.50 7.5c common. 55.0-900 ibs. 5.75 i.6. Good 6.50 7.0c feeder and Stocker cattle Choice. 500-800 ibs. 7.50 8.1e Choice 800-1050 ibs. 6.35 Good. 500-800 ibs. 6.85 7.5c Good. 800-1050 ibs. Medium 500-1050 ibs. Common. 500-1050 ibs. 6.85 6.25 produce Market prices for butter Cream and eggs until further notice will be those supplied the free press by t. J. Coyly co. Butter fresh no. 1 Creamery butter . Winnipeg cries wholesale to Cream .24% Grade per dozen Grade per dozen vegetables prices according to Dominion govern ment gracing wholesale to shippers. De liveries Winnipeg cases returned. A Grade Large per dozen a Grade medium per dozen Manitoba 90-lb. Bag. California head lettuce Case. California celery. Per Case. Florida celery Case local beets per 100 is. Man. Carrots. 100 ibs. Parsnips 100 is. Turnips 100 ibs. California Parsley dozen. Sweet potatoes Box new potatoes. 50-lb. Bag. Mexican tomatoes Case California cauliflower Case. . Rhubarb. 40 Case Texas spinach. Bushel Flora s festival May is season of mirth historical records show by Kathleen Blanchard. May and its beauties Haye been the theme of poets since it was called Maia in the Kalendar of Numa first of May celebrations Ara among the oldest customs Down the years Furbin paganism. The Sun is the author of the Beautiful was ones worshipped by celtic nations and was called is still remembered in some parts of Ireland and other places. Groceries fairly dry goods and cloth ing sales fairly Good. Boots and shoes showing a slight improvement. Hardware and paint sales continue to show improvement. Gasoline Oil and grease sales fairly Good. Re Tail Trade fairly Good. Collections fair. Cal. _ continue to move in fair volume being about the same As this time last year. Little improvement is. Being shown in sales of ladies and men s Wear which Are moving particularly slowly for this time of year. Hardware and farm Machin Ery repairs continue to be about the brightest spot. Edmonton wholesale grocery fruit and confectionery sales fairly Good. Hardware fair. Automotive supplies Good. Ready to Wear and boots and shoes fair. Millinery fair. Collections fair on current accounts but practically nothing be ing paid on old accounts. Vancouver wholesale grocery and food Supply sales fairly Good and collections fair. Sales of boots and shoes compare favourably with the same period last year and collections Are fair. Dry go ods and clothing sales fairly Good. Confectionery sales slightly below last week but collections fairly Good. Hardware lines continue to show improvement. The Observance of May Day id Europe is derived from jibe romans who have left traces of it in All countries they overran. This was i the festival of Flora at which there was a great display of Flowers and where women danced. Into ecstasy. Chose monarchs Saxon sources Tell us that the Saxon Alderman going at this season to their Wittan Remote or Assembly of Wise men left the peasantry to choose a the King to choose a Queen. He wore an Oaken and she a Hawthorn Wreath and together they gave Laws during those Elysian Days of free Dom. The column of May maypole was the grandstand of Justice among our ancestors in the by commons or Fields of May the Garland on top was the grand signal for con vening the people. Here it was they deposed or punished their Gover nors their Barons and their Kings. The first of May was the Boun Dary Day Between Winter and sum Mer. Most of the customs Are now extinct but As late As 1790 May Day feast was kept in Ayrshire by Light ing of Beal fires on the tops o mountains. Here is an old English rhyme which suits the climate till May is out change a a Henry Chi Elizabeth and James All took part in the festivities o the maypole. In the Progress o Queen Elizabeth is this entry May 8, 1602 on May Day the Queen went a Maying to Robert Buck .17 .16 .14 .12 .40 6.25 2.50 3.75 .75 1.60 .30 .60 .75 2.25 2.50 3.25 2.00 1.75 1.25 1.75 1.75 .20 acreage to wheat have been pub-1 Bledsoe president and chairman listed but with the delay of of the Santa be rly., at the annual Casio Ned by the drouth of the past i stockholders meeting stated the two months and the continued hopeful sign As far As the livestock quotations Union stockyards. April St. Boniface Man i Reight bookings for May loading j Choice Sre the smallest this season stokers report. Outside of 934 steers up to 1050 loaded elevators in past 24 hours Idle at port. Good medium steers Over 1050 Choice s6.00 5.25 4.50 3.50 6.00 certainty regarding moisture it is probable that areas seeded will not be As Large As a year ago. Any deficiency however in the australian acreage is Likely to be offset by a prospective increase in the Argentine. Mailed advices from the Argen Tine just received emphasize the extent of the Rains which fell in the Northern districts last month beginning on March 6 after a very j dry january and february which r a destroyed Between 30 to 35 per Good medium one ship in port is booked bushels but hat not moved common spouts. New Westminster loaded a Small and movement there this Mon is a against i common 5 year ago. Cd of the Corn 3-50 inspected for Friday. April 3.00 lives 6.50 5.50 7.00 6.00 1933 1 Man. Nor. 52 2 Man. Nor j3 3 Man. Nor 4 Man. Nor d 1 Garnet a Choice Good medium Good medium common canners and cutters bulls Good ,._ tenders tenders addressed to the common Dersi snid and marked tender Tocher and feeder steers staff i Vinci quarters received up to 12 o clock noon time. Thuis n Section of Liv quarters for radio staff at the astern y 12 1p3s fir the aerodrome. Rivers. Man. Jans specifications torm of contract it. Rorm labour conditions. Ray be seen and no Tim d on application to a Ottawa or the District Wirin or 45t Post office build form further detailed in if required my be obtained District Airway Engineer at must be accompanied by a a n v a Leque a chartered Canadian ecu Al to ton Oer Cert Urr l of the Price payable to the order of the r of Canada which i be for frito in the event of Rufu on the basis of enter into his tender upon to do so or failing to Satis Complete such a contract. A of unsuccessful tenders will be any tender not Good medium and medium common milkers and springers veal Good and Choice common and medium select 3.25 2.75 3.75 3.00 2.25 2.75 2.25 1.75 20.00 6.50 3.00 3.75 3.00 4.so 3.50 2.75 3.50 2.50 2.00 45.00 7.50 8.00 1 am. Durum 2 am. Durum per he. Pm. 9.60 9.60 i.00 per he. Dis. Heavy extra heavy lights and feeders sows no. 1 sows no. 2 roughs Stags. Good hand weight Good heavies common Bucks i accompanied by a i s described will not be i Good heavies Creo. Good hand weight e oed Artmer riots not bind itself common the lowest or any tender. Go. Yates. J Secretary. J 8.60 8.25 9.50 7.75 8.50 7.50 5.00 5.00 2.00 2.50 1.50 8.60j 8.5" total cars wheat cars of contract wheat coarse Grams 2 3 sex. 1 feed 1 feed feed Toush total cars Barley so no. 3 . 3 sex. . Total i . 9.75 i l 8.do j 6.50 total Nars 5.00 i 2 . Santa ferry. Is concerned is the. Kansas wheat crop which now promises to be one of the largest if not the largest wheat crops Ever produced in United states. Private estimates showed no material change from a month ago with Bennet indicating production at bushels which was the same As the last re port and Miller some bushels. Bennett and company estimates . Winter wheat crop for leading states As follows Kansas bushels Nebraska Texas Oklahoma Ohio and mis Souri bushels. A wheat crop of or slightly under the government estimate a month ago is indicated by the current estimate of e. H. Miller of Shields and co. Acreage abandonment is placed at is 13.5 per cent. The report states that 29.1 i abandonment in Texas and okla homa appears somewhat heavier than indicated a month ago and that crop prospects in those states have declined. Recent rainfall greatly improved soil conditions but sub soil deficiency has not been replenished. Additional Wai distributed Rains needed. There is still considerable uncertainty relative to recent freeze damage and it will be weeks before extent of damage can be accurately determined. A country a marketing Friday last year new Texas cabbage 50-lb. Bag. Texas carrots. 50-lb. Sack. Green peppers per australian onions sack 3.75 Florida cucumbers Bushel hamper. 3.25 Texas beets 50 ibs. 1.85 California asparagus Case. 3.00 flour Small lots delivered to dealers sex elevators or consignment Maple Leaf Robin Hood five roses Quaker Royal household purity Manitoba. Saskatchewan and Al Berta per sack of 98 ibs.3.70 two 49-lb. Sacks 3.77 a elevator retail Price to Consumers country Points 15c per 98 ibs. Extra. Rolled Oats Small lots to dealers 80-lb. Sack. 3.35 retail prices to Consumers Loc extra Mil feed ca1l prices nominal and sask bran per ton 27 00 Horts per ton. Alberta shorts per ton the elevator retail Price to Consumers is s3 per ton More. Hides Green salted cured in. Of Green salted Kip skins in. Green salted Calfskin in. Dry hides. Horse hides Larce j. A Moschides medium i of horse hides. Small and ponies sheepskins each 15 Seneca Root dry ib.42 203 170 9 10 4 8 i 11 11 6 2 1 6 26 1 .04 .0414 .05 1.25 to to Alberta Oil news Imperial Oil Rig builders Are Rushing construction on the Der Rick for their new Lethbridge Imperial Oxland Well. The Well is situated on the Oxland farm eight Miles Southeast of the City. Boilers from Turner Valley Are being set up and two 500-bar Rel tanks have been erected on the lease to store fuel Oil for drilling. Rotary tools will be used in. This important test. Imperial has under lease a Large Block on the Lethbridge Structure the acreage being obtained from the Farmers who own rights. The Middle of May should see the Well studded. It is believed Imperial is seeking an Oil Pool of heavier crude than the Turner Valley product to be used for blending purposes. It is reported that a geological party under the direction of John Galloway los Angeles geologist Wie arrive in Calgary Early in May to study Oil properties in Alberta held by the Standard Oil company of California according to a wire received by Jackson Bros. Grain company. The work will be carried out under the joint auspices of Standard Oil of California and Standard Oil of Indiana. The location of the properties has not been disclosed. Western Oil stocks As a group suffered a Price setback during the past week with the Toronto Stock Exchange averages for 15 oils re ceding from 42.35 on april 22 to 38.41 on april 28. Stocks losing ground included Calmont Down 6, 5, Home 15, Sunset 5, wheat freight rates tramp Spac Ocean rates Montreal to United kingdom cents per Bushel to Antwerp Rotterdam Montreal to Greece berth Montreal to United kingdom ports Montreal to Antwerp Rotterdam Albany to United kingdom to Msj f 0 wheat. 219.000 0.00 8.00 6.00 6.00 2.50 3.00 1.75 3 . Total cars 1 276 346 apartment or transport. Ottawa. April 26. 1938. Remember the Winnipeg foundation making gifts to Charity passed the so Salt Ste. Mien. April 30. I april 29 nil. _ us april 30 capt. C. D. Becraf air River. Coi j. 8 s 2.30? p. D. Bloc pc mixed grains grand total cars movement by roads car .144 c.n.r.98 l note inspections 9 cars of wheat. 5 cars of Oats and 1 car of Barley for Relief needs. Weather Over United states Grain Belt is generally Clear but it is sex become unsettled and petted to showery sections. In the extreme Western Sorel que., april Ftp Grain receipts at the port of Sorel for the week ending acne 28 totalled 267.000 shipments were 31.515 bushels. Shipments Quebec. April Grain shipments from the oort of Quebec. Friday totalled received none in coarse grains cars wheat. Coarse grains. 339 47 376 68 Cash wheat spreads closing Cash wheat spreads sat urday. April 30 one Northern 4 cents Over May or 1 cent lower. Two Northern 2 cents under May or 1 cent lower. Three Northern 8 cents under May or unchanged. Tour Northern 18 cents under May or unchanged. All grades of durum 2 cents higher. Sullivan consolidated mines. 2% cents payable june 15 to shareholders of record May 31. Two vessels Clear fort William ont., May 2. Two vessels left with Grain from the porn of fort William port Arthur Satur Day carrying bushels. No Grain boats Are loading. Following is saturday s report on vessel move ments cleared Arlington. Goder Ich wheat John h. Price Montreal wheat Barley Curonic pointed Ward flour. In fort harmonic Dis charging freight. Montreal horse Market Montreal april 30 exceeded available Supply on the Montreal horse markets this week. About 50 head were shipped to eng land. Prices were unchanged at for general work horses and to for heavies. Canadian Ottawa april 30. Oij sold at 90 to 97 shillings on the United kingdom Market this week according to Cable a Dirice received by the agricultural department. Danish Bacon sold at 98 to 108 shillings and Canadian hams at 98 shillings. Montreal movement Montreal april 30. Canadian Grain figures in bushels Stock in elevators total receipts to Date 1938 total receipts to Date. 1937 total deliveries to Date. 1938 total deliveries to Date. 1937 3.677.511 Friday s receipts Friday s deliveries. Friday s exports wheat Only. Lake boats boats comm Oil 9. Davies Kalta 17, Royality Vulcan Vance 10 whilst foundation and four cents on the week s trading. The Market on the whole was Dull with a slight dropping off in number of shares changing hands As compared to previous week s trading. A with the potential capacity of Turner Valley s 45 crude Oil producing Wells being fixed at barrels daily As the result of the recent Alberta government test it is expected that a new proration order will be issued to permit boost ing of flow at All Wells in the crude Field. Proving up of the Northern continuation of the Valley is seen in the fact that the Vulcan Brown Well is logging favourably similar to the Sterling Pacific producers. Turner Valley South is also stretching out with National Pete no. 2 in the soft Lime and showing Strong Oil saturation. Expected to Complete drilling by the week end National Pete no. 2 is holding the spotlight of attention in Turner Valley says l. W. Hicks and company in a current review. The Well whose successful completion would increase the South end crude proven area by a third and the proven Reserve of the Field by probably barrels is located in . 14-9-18-2-ws, a mile South of Brown no. 1. Drilling proceeding about 400 feet in the Lime yesterday. Kalta no. 6 is drilling below making fast time with heavy duty rotary equipment. No information on geology is available but it is believed the Lime is still a considerable distance away. Kalta no. 7 is drilling below feet Kalta no. 8 has set 16-Inch casing to feet and has suspended operations. Drilling will prob ably be resumed after completion of no. 6. It was decided to suspend operations so that expenditure for drilling would not exceed the com Pany s Revenue from royalties amounting to around per month at present. Ley s at Lewisham some three or four Miles from what Shakespeare says Shakespeare in Henry Viii mentions that it was impossible to make the people sleep on 3 o clock May morning. Immediately after 12 o clock had struck they were All astir wishing each other a Merrie May. Then they want to some Wood nearby accompanied with music and blow ing of horns where they broke Down branches from the Trees and adorned them with nosegay and Flowers. This done they returned homewards about Sunrise and made their doors and windows Gay in flowery cd Saucer refers to maypole or Shaft in Leaden Hall Street higher than the Steeple of St. Andrews under Shaft. Another one stood nearly on the site of St. Mary be strand. Pope remembers it in amidst the area wide they took their stand where the tall maypole once o or looked the its successor was taken Down in 1717, and removed to Wanstead in Essex where is became the support of a Large Telescope belonging to the Royal society. May games about the .15th Century May games appear to have been introduced. A lord and lady of the May who presided Over the sports and were decorated with Riband scarves and wineries. A poem published in 1625 contains this allusion As i have seen the lady of the May set in an Arbour on a Holiday built by the maypole where the Jocund swains dance with their Maidens to the bagpipes strains. The youths and Maidens would March to the maypole with wands wreathed in cowslip striking them together scattering the Flowers in a Shower around. Maypole and games were sternly repressed Dur ing the regime of Cromwell. An order was sent Froni both houses of parliament for taking Down All and singular but at the restoration these fax orites of the people returned with All their Jovial surroundings. Pepys entry or. Pepys makes this entry in his diary my wife away to Wool wich in order to gather a Little Dew and to live there tonight and so to gather May Dew tomorrow morning which mrs. Turner hath taught her is the Only thing to Wash her face there is a superstitious feeling attached to May Day in the morn ing Post May 2, 1791, it was mentioned that yesterday according to custom a number it persons went into the Fields and bathed theft faces with the Dew on this grass under the idea that it would make them in Trie year .1844 there were still some maypole standing. We hear of a festival at Enfield near with games running in sacks and dancing round the maypole. The site of the maypole May still be seen in knights Ridge London enclosed by railings outside tatter relic of the Days of Yore. Lord Tennyson immortalized this Day m his Lovely poem you must Wake and Call me Early Call me Early Mother dear tomorrow ill be the happiest time of All the glad of All the glad , Mother the maddest merriest Day for i m to be Queen o the May Mother i m to be Queen o the May. Car loadings slump with declining Trade Ottawa april 30. Car loadings for the fortnight ended april 16 gave a somewhat positive emphasis to the current recession in National Commerce by registering a decrease of loaded cars under the Cor responding period of last year. Up to this stage there had been Little in the nature of immediate shrinkage in volume. There was on the contrary marked stability but for the fortnight under review there was a drop under the average for the preceding 11 weeks. Perhaps no special significance should be attached to this relatively Small decrease yet it cannot be excluded from the reckoning together with the substantial decline under last year s figures. Miscellaneous declines some Gravity attaches to the fact that for the fortnight feeling re viewed merchandise and miscellaneous scored a decrease under last year of carloads. The Western division was 571 carloads in the Black As compared with 1937, thus bringing into focus again the anomaly of wide disparity As be tween the two geographical divisions with respect to Industrial activity. The Eastern provinces Are Bear ing the full Brunt of Adverse conditions in that regard. Side by Side with the encouragement afforded by the Western division As to mis Cellaneous is the sustained and impressive strength of Ore. The mines have not in any degree diminished tie outflow of new and vitalizing National Factor quite lacking in the situation of seven years ago. U. S. Loadings scrape Bottom across the International Boun Dary car loadings have of late . Steel recalls in Bonds Toronto april 30. Of of the company s Bonds was announced by president t. J. New York at the annual meeting of United steel Corpora Tion ltd., Friday. Balance out standing was reported at a dividend of 75 cents a share on class a preferred Stock was declared payable May 2 to share holders of record april 16. Reports were approved and directors re elected. Pointed to the ultimate minimum of contraction having been reached which Means that they Are at the level of 1932. We Are doing much better than that on this Side while nevertheless feeling the effects of a lowered Market for our exports i the United states. J. L. Payne s Ray. News service rebels bomb Barcelona twice Barcelona april 30 in surgent air raids today subjected this temporary capital of Spain to the worst bombing of the past six weeks. Officials estimated 30 persons were killed and 50 injured when insurgent airmen twice attacked the City in three hours. General Franco s fliers took advantage of the first sunny weather after Many Days of rain to stage the raid. Seven planes participated. Cattle exports Ottawa april 30. Exported Heads of cattle Worth in the 1937-38 fiscal year compared with Heads valued at in the previous 12 months j the Dominion Bureau of statistics reported. Of the Heads valued at exported during March went to the United states and to the United kingdom. Exports in March 1937 were at Montreal contract for a warehouse has been awarded by Consumers. Glass company at Ville St. Pierre. Mckenzie red Lake Gold mines three cents payable june 15 to shareholders of record june 1. Saint John ltd., have opened their new sardine Canning factory at Black s Harbor. Your Market is. Where you want it when you want it q u i c k Are assured if you. Advertise in the Canadian daily newspapers this advertisement prepared for the Cana Dian daily newspapers association by Duncan s. Slack be advertising Agency Ltd ;