Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 08, 1938, Winnipeg, Manitoba Page fourteen. Winnipeg free press Friday july 8, 1938 june business conditions moderately improved Over May says Bank Rev if gains in world commodity prices strengthened Canada economically and helped maintain production Toronto july 7. Business conditions in june were slightly More favourable than in the previous month according to the july commercial letter published by the Canadian Bank of com Merce. Increases in world commodity prices strengthened Canada economically and helped maintain production in Domestic the let Ter stated. The Lull in european political activity had a Good psycho logical effect on Canada and helped business to overcome its fears of serious disruption in the event of lumber production decreased sharply due to the great fire Haz Ard in British Columbia and for the demand for Lum Ber in some important world mar jets. Prairie province Grain grew fas with the High temperatures by More rain must fall in july if pres ent crop conditions Are to be maintained. In no part of the country Are crops noticeably ahead of o behind average. No extreme weather conditions have yet been reported. Stem rust Grasshoppers and Hai have caused local damage. In Brit ish Columbia Early fruit crops suffered somewhat during a month o dry weather but later fruits Havi better prospects. Vancouver stocks Jackson Bros. Grain co., Ltd july 7. Bid As b. C. Nickel set big to. Bralorne b. R. Con. H. Extension b. R. Mountain Caribou coast b Denton a Dunwell 35 37 925 960 2% 4 9% 4 255 260 coast 120 123 5% George Cooper Golconda Gold Belt Gold Mountain 3 1 25 614 45 2 Metal markets Canadian Copper prices based on London quotations converted into Canadian funds at Thi Sterling rate in Montreal thurs Day s Copper prices Are As follows Standard spot. 8.84 future 8.90 electrolytic spot. 9.83 bid 10.06 asked. London july 7. Copper Standard spot up 8s 9d future is 3d, up 8s 9d electrolytic spot bid 5s, unchanged asked 5s. Unchanged tin spot. Up future 5s, up bids Lead spot up 6s 3d future 3d, up 7s 6d. Zinc spot up 3s9d future us 3d. Up 2s 6d. Montreal july 7. Copper electrolytic. 11.50 tin 46.50 Lead 4.75 Zinc 4.55 Antimony 15.50 per 100 pounds . Montreal five ton lots. Revenue decrease Ottawa july 7. Department of National Revenue announced yesterday that collections of customs excise and income taxes in june totalled a de crease of compared with june 1937. 105 a 100 120% 119 a 117 Bond quotations investment dealers Assn. Of can Dom. Of bid asked 4% . Sept. 1. 1940 c 107 108 5 . Nov. 15, 1941 c ill 112 5 . Oct. 15, 1843 c 114 115 4 . Oct. 15, 1845-43 c 108% 109% 4% . Feb. 1, 1946 c 112% 113% 3 i . Oct. 15. 1949-44 a 103 104 s a . Nov. 15. 1851-48 c 102 a 10s% 4 . Oct. 15, 1952-47 108% 109 a 3 . June 1, 1955-50 c 99 100 4 a . Nov. 1, 1958-48 c 112 is h3 a . Nov. 1, 1959-49 c 113 114 3 a . June 1, 1966-56 1c 100% 101% 3 . Perpetual o 39% govt Dom. Of Canada c. N. 3 . May 1. 1944 c 3 . Dec. 15, 1950-45 4 a . Sept. 1. 1951 Cal 5 . Feb. 1, 1954 c 4% . June 15, 1955 Cal 4 a . Feb. 1, 1956 Cal 4 a . July 1, 1957 Chi 5 . July 1. 1869-44, Call Able 105" Cal 5 . Oct. 1, 1969-49. Call Able 105 Cal provincials province of Manitoba 4 . Jan. 2. 1950 c 4 a . Dec. 15. 1956 5 . June 15, 1954 in 5v . Oct. 1, 1955 c 6 . April 1, 1947 province of British Columbia .4 . Dec. 1, 1957 88 4% . Oct. 1, 1953 95 5 . April 25, 1954 99 province of 4 . Aug. 15. 1953-49 74 4 a . Mar. 15. 1960 in 5 . Aug. 1. 1s58 cd . Oct. 1, 1952 cd 6 . March. 15. 1952 c province of 4 a . Oct. 1, 1956 5 . Sept. 1. 1955 5% . 6 . Mar. 1, 1947 province of 3 . Dec. 1, 1951 4 a . June 1, 1950 s a . Feb. 1947 province of new 4% . April 15. 1961 103 a prov. Of Nova Scotia 4 a . Sept. 15. 1952-47. 5 mar a 1960 municipals City of Winnipeg 6 . Mar. 1, 1942 c 4v . Oct 2, i960 greater wok. Water dist 6 . Apr. 1. 1940 cd. 5 . Feb. 1, 1943 c . May 1, 1952 industrials Abi Tibi Power paper 5 . June 1. 1953. 68 71 Beauharnois per. Corp 5 . Apr 1. 1973 92% 94 Brown co s a . Apr. 1. 1946 6j so Calgary per. Co., Ltd 3 . Apr. 1, 1960 98b Canada Cement co ,4 a . Nov. 1, 1951 of. 103b can. Steamships 5 . Jan. 2, 1957 83 a 84vi can. Pad Fly Ratvay . Oct. 1, 1945 39% 90 a 3% . Feb. Is 1951 of. 90% cons. Paper co., 5v . July 2, 1961 54 5a% 93 34% Gatineau Power co. 5 . June 1, 1956 in 104 Ioa 6 . June 15. 1941 101% Gypsum. L. A. 5% . Mar. I 1948 Massey Harris co. Ltd., 5 . Oct. 15, 1947 . 98% 100 a Minnesota ont. Paper. 6 . 42% 45 Maclaren Quebec Pover -5% . Feb. 1. 1961 Cal 102 Shawinigan water per. 4 a . Oct. 1, 1967 . 104 a 106 Ltd. Grain growers Ltd. 5 . Jan. 2, 1948 cd 94 a 96% mpg. Elec. Ray 4. 5 . Jan. 2. 196e 65% 67 104 a 99 115v4 119v, 118 a 116 11514 117 a 120v2 87 91 98 a 75% 82 83 51% 5214 5314 55 9814 113 108 a 115 99 9814 97 97 118 a 12114 85 a 9014 9414 98 92 98 102 77 78% 85 86 90 53% 55 a 56 a 58 100 a 114% 118% 111 118 Grille w. Home Gold i Island Mountain 80 Kootenay Belle 123 Lucky Jim 3v Mak Siccar Minto Nicola Noble five Pend Oreille Pilot Gold Pioneer Gold Premier Gold Quesnel Quartz Reeve Mcdonald Relief Arlington Reward Sally mines Taylor Bridge Vidette Waverley Whitewater Calgary Anglo Canadian Banner comm Oil Davies Firestone Globe Hylo Lith Bridge Mercury Merland Marjon National Pete Prairie royalties Richfield Richland Reward Sunset West flank Weymarn 1 3% 3% 3% 225 1 297 220 45 14 3 214 7 140 5 67 36 1414 7 2% 13 4 6 11 34 a 314 2 3 14 3614 10 1 is 125 3% "3% 4% 230 2 310 225 11 55 15 3v, 5 4 thursday s Canadian us. Stocks Bonds Toronto prices swung upward in the Early trading thursday on the Toronto Market but under size Able profit taking in the after noon gains were trimmed or eliminated. At the close industrials and Western oils were still on the up Side by a narrow margin and the. Mines showed Little net change. Action slowed Down when prices softened and volume was Well Down from the turnover of the previous session. Waite Amulet made a demonstration of its own. In the Early after noon and climbed to 4.65. Only part of the gain was held. Bingham Mckay Ltd net High Low close change sales 7 a. 700 6 4 38 14 1% Acme Alton Ajax Alt. Pc. Con. Alder nac amm. 2 a 20 20 so 25 i Anglo Hur. 320b Arntfield Ashley Astoria Rou. Aztec augite pore. Bag Mac Backfield base metals Seattle Bidgood Kkt big miss. Bobo 17b 7 3 lob 20% 15% 69 42 115 26 30% 14% 20 20 56 25 345a 18a 7 3 1000 5100 20800 16200 1000 28 it unlisted mines James Richardson sons july Albany River Alecio Aroma Summit area Argosy Athena Bailor Barber Larder Bear Berens River big master Brengola Callinan flin flon Camlaren Canadian Pandora Central Manitoba Chan Yellowknife Chesterville Coin Lake cont. Kirkland uni Tau Dawson White 3ickson Sachiyo 3unlop a. Is Bonanza Samos j Lake Faulkenham Fin flon Gold Rorty four Frontier Olden Gate ordon Lebel Orham. Reat Falls Urney Gold Lallor. Hiawatha Ludson Patricia lugh Pam Mutchison Lake Caw Crow Patricia Henricia Cewa Gama Kirkland Gateway Fayette Lacoma be Dufault Ake Geneva Rose Jake Rowan Akenhead Lakeside Kirk. Gold a Macfarlane l. L. Flag net cons. Magnet Lake Malartic Goldfields Manitoba Basin Martin Bird Mccarthy Webb Mohatt Hall new Loo Shea. Kosher Long Lac vegas Gold new rib ago Oklend o Leary Malartic. Oliver Severn. Opem Iska Oriole Jacksack Pascalis Lains Pete Pontiac Rouyn Lake Rop. Mines Quebec Manitou tand Malartic Raven River lice Lake Rich Rock Gold Ichigo River Sand River. Larder. Shenango Silver Valley Siscoe Extension Skookum smelters Gold Plit Lake Spooner Gold. Springer Sturgeon Sturgeon River Sunbeam Kirk. Jurf Inlet of Johnson Nipigon of Rwanda upper Canada Val d or veils. Long Lac Wesley Gold West red Lake Westside Long Lac White horse Williamson Wingold wino a Pat. Voc Gold Toung Davidson bid 32 35 18 4% 5 but 43 34 80 4% set 37 138 5 15 10 6 4 4 3 24 4 65 f 4 50 2 8 11 10 650 170 1 7 3% 2 25 b 12 i 9 6 2% 575 3 40 1 25 514 6 22 92 3 15 4 "9 4 3 37 225 7 13 175 20 34 7. Ask 35 40 20 5 s a 9 114 45 36 90 s a 214 37 514 3% 40 140 6 17 12 4 a 5 314 26 114 15 5 3 9 15 13 a 700 160 4 a 1% 10 32 24 8 8 4 11 600 314 59 1% 26 7 314 7 24 97 Bralorne 925b Brett Treth. 4 Bua Ank. 15% bar. Hill sex. 14 Brown Oil 4214 c. E. Cup. 260 Calmont Oil 36 can. Malar. 94 Carribou a. 255 Castle truth. 82 Chesterville 138 Central Pat. 250 Central pore 11 cd research 60 Chro m s 75 coast cop. 280b con Aurum com. Pete cons. Chib. Comm Oil 2000 12a 2% 15% 69 115 4 25 1% 1% 61850 960a 3% 13000 v 14 40 25% 35% 12 a 3600 500 1000 6850 200 4100 170w 15 a 13 40 40 245 250 36 91 253 91 253 125b 31 23 7 1 2 4 in. In. Vun. In. 82 138 250 11 55 72 345a 130a 30 in. 65a 7 1650 21 9% 3vi 16% it 4 in "7% 20 31 "2 4 42 100 1214 1 3 7 34 20 3% 16 4 a s 11 4 a 40 245 9 15 185 23 35 1 s 1725 id a 4 a 4 1814 2 4% 2 7% 8 22 32 2% 414 44 115 14 4v4 2 3va 6 a 36 21 Dalhousie dark water Davies Pete dome Denison. East Crest East Malar. Eldorado Falconbridge 625 fed. Kirk 5b Foothills 55b found. Pete. Frai Coeur Fernland Gillies Lake Glenora god s Lake. Go Dale Gold Eagle. Goldfish Graham a. Granada k. Grandora Gunnar hard Rock Barker Highwood s. Hollinger Home Oil Homestead Kowey . Hedley m. Int. Nickel 50 10 36 35 28 a 24 22 814 8 189 180 215 213 20 38 23 17 3 52 32 22 3% 50 in. 10 in. 2814 in. 24 114 3a 183 2 214 1 625 in. 5 a 90a 20 in. 38 2 2vs 5 a 75 74 268 12 9b 14% 132 126 19 18 26-a 30% 108 51% 258 11 30 soy. 10% Loy 20 19 37 175 70b 118 13b 170 115 80 350 470 325 37 i j. M. Cons. Jacola Jellicoe Kerr and. Kirk. H. A. Kirk. L. Kirk. Two. Laguna lakes. Lam. Con. Lapac. Lebel Oro Leitch Little l. L. Macassar Macleod a. 335 Madsen . 38 Mal Robic 1 Mandy 18 Man. East Mara go 10% Mclntyre p. 42y4 Mcken. . 113 112 Mcvittie 15 Mcwatters Mercury Merland o min. Corp. 210 Minto 3b Model ii 23b Moneta mor. K. New Murphy Monarch r. Jew rec Nipissing Noranda 29 51 2% 66 7 68 355 475 60 lib 6b 16 3 a 31 it 3 a 258 6 12 Lla 126 2 18 in. 26% in. 30 a 10b v 19 j70 5 75a 115 1 16a 29 51 v 295 3500 4500 2775 1200 3200 250 4100 1300 300 3000 574 1335q 2000 2i 110 10 2so 2i 120 400 1278 110 new York profit Selling in industrials tipped Over the Stock Market thursday after heavy Forenoon buying of rails and utilities had touched off one of the sharpest upswing of the recent recovery. Purchasing orders from All parts of the country and abroad. Piled up overnight in brokerage offices and for 53 minute s after the opening the ticker was As much As seven minutes behind. Blocks of to shares changed hands on the resumption of the upturn with gains rang ing from one to More than three Points. James Richardson Sena metals net High Low close change 10 a 10 a it 37 52% 50 36% .34ya 47 a 28% 48 16 a 51% 43 42% 20 33% Alaska Juneau an. Metal an. Smelting Anaconda Cerro de Pasco dome mines Howe sound inspiration cons. Int. Nickel Kennicott. Mclntyre pore. Mckeesport tin Phelps Dodge u. S. Smelting motors 28 15% 50 41% 42 a 19v. 32 a 1 1 Vav it it vib 32 66 7 68 355 470 335 2 5 in. 114 in. 3 1230 Ioc 1110 190 200 200 1500 653 350 64 192. 100 240 88 10 350i 207 240 730 415 2891 286 21 2875 101 1901 1151 116 310 2001 1001 10m 10 52 a 112 in. It Seoi 9 2611 4701 201 1810i 7a 201 9 3 a 185 12 1% 12b 182 Nordon cup. Normetal o Brien 180 68% 20 80 s a 176 68% Exchange rates at 4.97v8 . Dollar franc 2.79 11-16 cents. At new acadian Dollar .99vi franc 2.77% ends. At 177.80 for. . Dollar 36.005 for. Canadian Dollar 5.74 for. In . Dollar 9.28 cents Canadian Dollar 58.88 ends. At Dollar 4.94ys to he Pound French franc 177.81 to the Pound. Wall Street hour by hour a. F. White a 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 thursday s session follow 30 industrials 20 railroads 20 utilities 137.78 27.59 11.00 138.55 28.46 noon 138.72 28.60 1.00 138.46 28.43 2.00 137.46 28.27 close preliminary calculation 137.49 27.93 thursday s Range open High Low 30 industrials. 139.01. 140.06 136.44 20 29.59 29.92 27.76 20 utilities 22.43 22.84 21.98 40 bends 88.67, up .49. 22.19 22.25 22.76 22.66 22.36 22.15 close 137.45 2733 22.15 Oil select. Kalta Olga of Omega Oro Plata Paralta amour p. Pandora Paul Ore Pawnee k. Paymaster pay Ore 13 Pend Oreille 235 Perron 140 Pickle Crow 495 Pioneer g., 300 Powell r. Premier Prest. E. D. Prairie r. 78 400 375 169 159 2 a 51 49 185 12 16a 3% 176 65. 20 78 2 2 380 3 162 7 30 7 s50 25 12 it 1 48 79 340 24 213 223 47% 13 220 137 470 208 220 7 24 12 a 1 220 140 475 300 210 220 2 5 _ 2 1 35b read auth. 265 260 rest Crest red Lake a. Reno Ritchie Robb Mont. Roche l Lac Royality Reeves Mcd 15 14 45 1 a 1% 10 45b 260 in. 15 1 it .45 1 10 1 a 50a 4190 3000 2500 Isoo 700 926 200 1200 4380 4150 3500 200 1000 4625 4000 12700 1500 1600 6000 12025 400 7895 40 1400 500 650 200 330 4650 3000 393 St. Anthony 11% san Antonio 130 125 Shawkey 12 sheep Creek 97 so. Gordon. 149 Siscoe 233 Sladen Mai. 116 slave Lake. 17 Sta Acona 59 Straw Lake. Sud. Basin. 11 96 140 228 113 15% 55 130 12 141 230 110 16 4 1 in. 4 2 5 2000 2000 4100 500 14700 4100 5100 Sud. Contact Sullivan 95 Sylvanita 340 Teck Hughes 465 Temis Kamlung 11 to. Can. Oil 135 towage Mac. Toburn uchi Lake United Oil ventures wendigo 55 z a 28966 10% 10% it 4000 320 300 330 in. 1150 51 210 202 16b 585 330 450 50 209 195 570 Waite Amu. 465 435 White Eagle 1 a Wiltsey c. 15 13 a Wood cad. 24 Wrt. Harg. 760 740 w. Turner p. 10 a it 95 Vin 330 450 135 5 50 210 5 199 7 18a 585 a 450 1 a 14 a 35000 500 1800 287 320 3520 1600 1015 2300 200 6100 6so 700 37038 760 1810 500 Toronto industrials Bingham. Mckay. Ltd Low close brew. Corp. Brew. Corp. F. N. Burt can. Bud. Brew. Can. Canners can. Bread can. Dredging can. Vinegars can. Gen. Elec. Can. Oil cons. Bakeries con. Gas Dom. Stores equitable life Fanny Farmer open High 2v. Pad 20% 17b 6 5 4% 25 16 185b 15% 16 180 180 6% 20% a6 5 4% "l6a 199a 13a 15% 16 179 a 179% set 19 19% Ford of can. George Weston Goodyear of can. 59 Gyp. Lime Ala. 8 i. Walker com. 40 i. Walker pad. 18% Kelv. Of Canada. Laura Secord 59 Loblaw a 22% Loblaw a 20% Maple Leaf. S a Moore corp. Pante 5vtb photo engravers. 16b Rogers Majestic. Standard paving. 19 19% 18% 19% 59 7% 18% 23 3v. Super test Pete Toronto Mige. Walker title United steel Waterloo mfg. Western can. To. Z a 36 108 a 123b 6% 190 set 18% 19 a 11 59% 7% 40 18% lib 59 23 20% 3% ?.4a 17a 3 a 4a 36 119a 235a 6% 5v4 190 3 22% 20% 3% Auburn aviation a. Bendix Avn. Boeing air. Briggs col. Aikman. Chrysler Curtis w. A Curtis Wright Douglas air. Eaton mfg. Elec. Auto it elec St. Batt. Firestone Gen. Motors Goodrich tire Goodyear tire Hudson Mack truck Vmurray corp. H Kelvin Tor North am. Avn. Packard Stewart Warner Studebaker United aircraft United air lines. . Rubber yellow truck s a 4 a 15 a 29% 27 26 a govt 21 5 50% 19 22% 22v, 40 19 8% 25 8% 10 a Loy 5% com 6% 28% 9 a 39% s a 4 a 15 a 28v. 26 a 66 a 20% 4 a 49 22 38 a 18% 23% 24 8 a 9% 5% 10 8% 38 it 15% s a in. A 15 a 26 it in. 68 .21. 5 a a 22 in. In. 18 a in. 24 it 24 8 a in. 10 it i 10 in. It 28 it 38 it Montreal the Stock Market dipped late thursday As profit taking in late trading undermined opening gains. Papers held part of their advances with St. Lawrence paper preferred and St. Lawrence corp oration preferred up about. But Price and St Lawrence Corpora Tion common slipped Small fractions. Off were Nickel Braz Ilian and Montreal Power. Con off steel of Canada and United steel losing each. the decline with National steel car higher and Canadian car up Osier Hammond Nanton open High Low Closi Alta. Pac. Grain. Alta. Pac or pad. 27 Assoc. F brew. 14b 11 163 14 a 31% 4 a 3% 56 Winnipeg rigor mortis set in on the Winnipeg Stock Exchange thursday morning with but three stocks figuring in the transactions prices drifted downward with the Lack of interest. Sachiyo River traded in a 20 share lot for a loss of 25 cents. Wingold at 4 was clipped a half cent compared with wednesday. Western steel at 8.50 completed the morning s business Gurney Gold at 10% to 11 sold in Good volume in the late trading wednesday. 11 a 10% 14% 13% 31 a 31% 15a Bathurst a Bell Telephone brazilian . Power . Power Bruck silk building products can. Car dry 13 a 13 a 13 13 can. Far f pad. 2714 27% 37% can. Cement com. 11% 11% la a can. Cement pad. 98% can. Nor. Power c. 19y8 can. Nor per pad 106b a steamships a. 4 c. Steamships pad 15 15 a 15 15y can. Ind. Ale set can. Ind. Ale a can Bronze com. 38b i9% can. Celanese com can. Celanese pad can. Con. Can. Pac. By. 7% 7% 7% 7 a con. 61% 61 61 a Cockshutt plow 12 12v4 la a Dom. Bridge 32 32 31% Dom. Glass com. Dom. Steel Dom. Textile com Dom. Textile Dryden Eastern dairies electro Lux found. Co. Of c. 16 steels am. Car dry. Am. Loco. Am. Roll. M. Baldwin Loco. Bethlehem steel Case j. I. Cater. Tractor Colo. Fuel Crucible steel Gen. Ray. Signal. Inland steel int. Harvester Otis elevator Republic steel time. Roll. Bear. . Pipe Fly. U. S. Steel u. S. Steel pad. Vanadium West. Air Brake. 2614 22% 21% 10 6214 98 v4 56% 17 a 36 22 7% 67 24 20 a 49% 61 25 be 21 20% 9% 5514 16v4 3514 7% 65 v4 23v. 19 y. 38% 5914 22 20% it it it 1% 109 a 108% 109 20 19 19 25v, 24% 56 in. 16% in 36 7% in. V4 19 it 1% i it railroads Allegheny com. Atchison too. By. Bilto Ohio. Brooklyn Man. C. P. C. Ches. Ohio. Chesapeake corp. Chi. North sern Del. 8c Hudson. Del. Lack. A. Erie com. It. Northern pad. Illinois Central. Mo., Kas. Texas ., Chi. St. L Central Northern . Pennsylvania Southern . Southern by. Union Pacific Ray 114 39 11 Xvi 7% 47 a 41 1% 16 7% 3% 22% 3 2054 19 v4 12 a 22% is a 1314 83 oils 1% 10% 10% 7y 45 a 40 15 a 714 314 21va 11% 2% 17% 1814 11% 22 v. 17 12% 79% l a 37% 10% a 7 a in. 1 40 1 it 15% it 7% 3% 21ye a 3 17% a 22 a Al 17 12% in. 24 9 12% 55 44 a in. It a in. Amerada 76 74% Atlantic refining. 24% 24 cont. Of Del. 33% 32% Freeport Texas 28% Barbour is co. 21 a 20y8 Houston new 8va mid. Cont Pete. 20 19% Phillips Pete 43% 42 pure Oil 12% 12% Shell Union 17 a 17 a consoled. Oils 10% Lova Socony vacuum. 15% 15% Skelley Oil co. 32% stand of Cal. 32 31% stand of . 55% 55 Texas corp. 45% 44 a Texas Sul 33 a 33% Union Oil Cal. 21% utilities an. F. P. Sva 5 an. P. It. 6% 6% an. T. T. 143% 142 142 it an. Water w. 12% 12% Columbia Gas 8% it com. A. 1% 1% 1% in. Cons. Edison 30 a 29% elec. P. It. 13 a 12 a a int. T. T. 107, 10 a Nat p. It. 8 a 7% in. Sorth an. Co. 23% 23 a a g e. 29% 29 29 in. _ us. Scr. Of . 32 32% s. Cal. Edion 25 24% Standard Gas 4 a 4% in. United corp. 3% a United Gas Imp. 11% 11 it Vestern Union 33v4 31 it miscellaneous Gatineau p. Com Gatineau pow pad Gen. Steel w com Gen. Steel w pad Gurd Chas. Gypsum l. A. Hamilton Bridge. Imp. Tobacco int. Nickel int. Power int. Power pad. Lake w. Mag. Mas. Harris Mas. A. Ltd. Montreal p Mccoll front. Nat. Brew Nat. B., pad. National steel car Ogilvie pen maps Power corp Quebec Power St. Law. Corp. Of. Shawinigan Sherwin Wil Smith Howard St Lawrence c. Steel of can. Pm. Steel of can. Pad. S. Can. P. Com. S. Can. Piped. Mpg. Elec. Com. A mpg. Elec. Pad. West. Grocers of. 38b 13a s7a Ioa 7% 61% 12 32 s7b 65 sea 8% 90b 14% 14% 11 83 a s a 75a 7 a a 8 51 it 4b 16% 15% 814 8% 8 v4 8% 8 a 8v4 7% 7v4 51% 50 50% 15 it 29% 10% 15% s a 9% 52 29% 10% 40 4g a 47 30 30 a 49 14 a 17 17 17% 18. 22% 22% 17 a 69% 69% 65 a 13% 3 3 15a 49 a 15 8% 29 10% 46v4 30 1614 17 a 22 15 8% 46% 30 16% 17% 22. 5 a 09 a 67a 2% a foreign Exchange Montreal july 8. And foreign Exchange closed easier thursday. Nominal rates for Large amounts Argentina peso .2618 .0007d Australia Pound 3.9691 Belgium Belga .1707 Orold China Hong Kong Dol .3118 Coosa Denmark Krone 2219 France franc 027970 Germany reichsmark .4049 00004d it. Britain Pound 4.9713 .0057d Holland Florin India Rupee Japan yen .5551 of old .3714x.0006d .2902 .0002 d new zealand Pound. 4.0011 c0060d Norway Krone .2449 .0004d Poland zloty .1904 c.0006d South Africa Pound 4.9465 .0076d Sweden Krone. .2564 of old Switzerland franc .2302 .0002d compiled by the Royal Bank of Canada Stock miscellaneous Alta. Pac. G. Pad. 100 Alta. Pac. G. Com. No Beaver lumber pfd., 100 Beaver lumber com. No Blue ribbon pad. 50 Blue ribbon com. No Brit. Amer. Oil no c and end can. Airways no can. Pac. Ray. 25 Corr. Paper b. Pad. 100 Corr. Paper Box com. No acres. Creamery pad. 100 do. In. Car pad. 100 id. In. Car com no Federal Grain pad 100 Ped. Grain Sadd y 6% pad. It w. Sad. Com. Imperial Oil Par bid Aske 50 no no no 5 no lint Nickel North Star Oil pad. North Star Oil com. Reliance Grain of a. Reliance Grain com. No itty. Grain growers. 25 Western breweries no w. Can. Flour pad. 100 w. Can. Flour com. No Western Grain pad. 100 West. Groc. Pad. Cd. 100 106.25 West. Groc. Com. Cd. No w. Steel products no 8.50 wings Ltd. 25.00 4.25 s of 30.00 21.50 2.50 2 .50 11.00 81.00 2.50 36.00 2.40 2.90 17.75 51.25 3.40 1.00 58.50 5.25 7.25 1.80 30.00 3.00 11.50 28.00 4.75 93.50 33 .50 4.00 74.00 25.00 3.00 wings . Is mpg. Elec. Pad. 100 11.25 mpg. Elec. A no 1.90 mpg. Elec. B no 2.10 ins. Trust Ailor Syndicate i. It m. Syn. Canadian Rand 50c Lover Gold no Lover Gold cry Terman old. Mrs. No Dickson Sachiyo no flin flon Gold no Orty four 01 .02 .03 .03 .01 a .01 a .50 2.00 .01 .03 10.00 .00% .05 .05 Goltl Island Gold Lake Falls m. Gold salad Lake sey Island knee Lake . Goldfields to Grande Oxford mines Jacksack. Ine Lake. Lice Lake. Mining. Ichigo River Scattergood Scotia Gold Wahlace Lake Ringold mpg. River tin oils no . 51 no no no no 51 sin no no no no no no no no Psi .04 .04 .65 .05 .03 .12 .13 a .01 .07 .01% .42 .04 .40 .03 .05 .00% .01 16.25 17.00 .03 .02 .01 .03% .04% .01 .03% .02 .11 .11 .01 .40 .03% .01% .05 Bond averages Spence co., Ltd july 7, 1938. Prev. Today Cage. 102.06 110.20 103.00 108.87 110.00 5 Dom. Prov. Hort Canadas Canadas Dominion guarantees astern provincials Vestern provincials 90.02 .02 h. C. Cox former chairman of the Board o directors of. The Canada life Assur Ance company who has been appointed chairman of the London Board of the company. Optimistic about general conditions a. Fairbairn Smith assistant Gen eral manager a. Mckim limited advertising Agency Ivhon arrived wednesday morning from Montreal expressed himself As being decidedly optimistic about general conditions if what i am told about crop prospects is he said there is certainly every indication that the Ide has or. Smith announced with regret that e. F. Griffiths had resigned and was retiring from a. Mckim limited on july 15. Or. Griffiths Las been a member of the organization for 35 years the last 15 As manager of the Winnipeg office. A a. Brown of Winnipeg has been appointed to succeed him. Or Brown is a Westerner and has been associated with the Mckim Winni Peg office for the past 15 years. Montreal curb Osier Hammond Nanton open High Low . 4% 4 Abi Tibi pad. 29 29 26% Asbestos 75 .75 73% Bathurst b 4 a Beauharnois per 4 Bous Cadillac. 8% brew. Dist 5sab. A. Oil. 21% 21% 21% b. C. Packers 12 a 12 a 12 can brew. 2 a 2vi 2 2an. Brew. Pad. 21a Canada dredge 25a Canada malting. Canadian Vickers 7% can. Vickers pad. 25b wineries on. Paper ays 8% 8 list. Corp s Gram 15 a Dom. End. Lin Ioji tar Bax 8% 8 a i. Tar pad. 83 Lon Conan a 8% 8% Don Achna a 7% 7% stores 6b foreign Power 50b Ord a Raser co. 19% 19% Raser . Trusts 20% 21 a Hiram walkers pm 40 Thram walkers of 18 a ome Oil 130 Hydro elec. Sec. Imperial Oil it. Pet. Int. Util. A it. Util. A r Uke. Sulphate etchers etchers pad. Price Bros. Pad. Ue. Gold Eliance Out. Mitchell Homp. Cad. Walker. Brew. 8 7% 19 19 a 130 128 17% 25% 26 4.75b -3% 3% 3% i50b 5% 19 a 51% 40b 1414 14% 25 26 160 160 5% 19% 51% -17% 25v4 s a 18% 5114 close 4v4 2 it 74 a 714 34a s14 83 8 a 7% 6 via is -20 40 18% 129 Ca 17% 25% 95a, 3% 200a stir sit 14 25 150 26 150 Toronto Stock averages Melady. Sellers co. Ltd 20 industrials 122.05 Down .41 20 golds 118.63 Down .35 10 base metals 90.04 Down .13 15 Western oils 37.15 up .95 total sales . Eastern Railroad fan increased Washington july 7. I cited states interstate commission authorized roads wednesday to coach fares for cents a Mue. The commission said fares could go into Days notice. Two months ago the denied the to make the half cent granted a rehearing. I in wednesday s ruling Fly Mission said the carriers fied the 2.5-cent fare period of 18 months Eastern carriers have that a half cent fares would add nearly Fly annually to their Revenue Tiff x London _ Montreal july 7. In London off two in Canadian funds British. The fixed Price amounted to Dian. London july 7. His i fed up 2% Pence bar Suver 19 a i Montreal c Montreal july 7 futures., closed steady _ changed today. No a Jtj tit july 42.50 41.20. New York cutt Jackson Bros Grain co. Us open aluminium. Co. 96 am. Cyna mid 2454 am. Gas elec. Amer. Super punker Hill can. Marconi cities Sec. New. Avia transp Cor. Crole Pete. Crocker lec. A. Ford of England. Gulf ii Lumble Oil Vermont inroad it Regis Segal lock pan an. Tand. Oil Kent United Light Niagara Hudson. Calgary a b. Flett co i4j.i Alta. Pac cons. Irish trans Cam Irish Dominion i pwn Oil. Calgary Edmonton Commonwealth Dalhousie last Crest Largo Oil. Highwood Narcee ._._. Home Oil Ladison. Mercury. If Cleoa to Mcdougall Segur Mill City. Lodel to Moharch Gordon. Kalta Acala Odalite Pooner Southwest Pete United of anal a Ulsan. Rat Pete. Bank stocks Jas. Richardson it St Ank of Canada a. Ank of Montreal Ank of Nova Scotia i Ank of Toronto. Manque can. Nat. Bank of opinion Bank Imperial Bank of can Royal Bank of can so 21 a 100 a 15% 81v1. Est 57 17% 18% 23 air reduction 62 Allied chem. Allis Chalmers Bank note am. Can am com. Al. Am. Int. Corp. Am. R. And s. Am. Tob. A am. Woolen Armour new Burroughs Calif. Pkg. Can. Dry celanese corp. Childs coca cola comm. Solvents con. Can Corn pro. 3upont Eastman first Nat. Of film 26 Jen. Elec. Gen. Foods Mellette set Glidden 24 60 a 1% 175 2 48% 20% in. A it 8 in. 15 it 20% 99% 13 8 15 80 a 6 ii a 18 it 22% 18% 8v4 stores 2914 20 17% let 139% 139 139 87 86 ,46ya 67 121% 117 a 1% 172% 170 171 2 28% 2514 40% 33y. 814 23 4114 44 23 it. Bus. A. Pad. Int p. Pad. It. Paper a one Star. Ohns Man. Kresge s. 5. Croger Lambert Lig. A. Carb. Dew s inc. Orillar Mathieson Alkali. Montgomery Ward . Biscuit Tat. Cash Reft. Dairy prod. Tat. Dist. Iwens i. Glass. Paramount pub. Enny. J. C. Roctor Gamble Unity bakeries. Adio corp. Adio Keith Orp. Emington Rand. Eynolds Safeway store Henley dist. Ears Roebuck Wolf t co. Immons tand. Brands ran Samerica Nion Carbide United drug United fruit. Ind. Alcohol. Earner Bros. Enith radio est go s elec. Woolworth North. Pump 159 157 159 6% 45y, 43% Lii 11% 10% 53t4 52% 1 92% 2va a 95 18 a 16% 13 a 101 18% 55% 17% 27ya 45 24 y. 20 14" 15% 23 69 11% 82 Siya 11 a 7% 2% 14% 42v. 20 a 19% 69% 18% 26v4 a. 12 23 100% a 18% in. 51% 17% it 24 in. It it 68 in. It 80 in. I 11 in. I 4314 24 .19% 22 v4 68 11% 80 soy. 10% it i4y. 41% 18 i 19 67% 25% 8va 11% 78 6% 25% 22 a 102 a 98% 48 46% 19% 18% noon. I a. 2 ., total 28v. A set in. Viva 6% in. 1% 22 in. A 98 a i 46 18% in. Clearings off Winnipeg Bank clearings for the Eek. Ending july totalled a decrease of nearly from the clearings for the corresponding week of last year. Figures for the same week in 1937 Here and for 1936 refunding issus Ottawa Light heat and Power company limited refunding mortgage and collateral Trust Bonds series b serial 3% and Bonds sinking fond 4% Bonds due october 1st, 1957 to mature october it 1939-1948 and 1957. To Law dated october 1938. Principal and Mai annul in interest april the company s tankers at the Holder s Vancouver. The 3% and 3ji% serial Osmi Avau Oie in torm of denomination reent Erable Ai t principal the 4% Bonds due 1957, available in Coupon form a denominations of to principal Only and m fully registered form in denominations of and thereof trustee the Trust company in the opinion of counsel these Bonds will be a Legal investment under the Canadian and British insurance companies act 1932, for funds of insurance companies registered under that act. A prospectus copy of which been filed with the Secretary of state of Caw in accordance with the of the companies act 1934, is available of request. Schedule of maturities one oct. 1st 1940-------.__-. 1941__._. 1942 principal amount interest rate 3% 3 3 3 principal oct. 1st amount j85.000 1945__.-----___ 1946 rate 4% sinking fund Bonds due oct. 1st, 1957 subject a Quoin _ to. For ourselves we offer the 4% Bonds it or allotment if Fotto Eimont the can my by Croxton Price Par and accrued interest. Subject i Moro Ted mad to our to taif or Mth Drui offer without notice tee Aito offer the 4% Boiu due 1957, bearing interest from of tooth lit 1938, of per in Eidum Lefor 5% refunding Mort me Ona couet Erml nut Sinlon Gunj Gou Amis seria a of Ottaw Light Home Mam Potter company limited of 103 mad interest my october 1938, plus on allot once to Over Premium on foreign exc Hgt if ony. It is expected that non interest bearing trustee s Deposit receipts covering trustee s interim receipts bearing interest from the of Issue respectively to september 30th, 1938. At the rate of 4% per covering cask pc Faasese will be available for. Delivery of or about August 1st, 1938. W. A Pitfield company Wood Gundy company limited ;