Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 13, 1938, Winnipeg, Manitoba Page twelve Winnipeg free press wednesday july 13, 1938 business stability suggested As sales tax receipts approximate last yeat june excise tax returns decline tuesday s Canadian and u. S. Stocks and Bonds 5.5 per cent from 1937 compared with 7.2 in May and 7.8 in april the narrower margin of decline in Dominion sales tax Revenue in june carries an encouraging Sugges Tion of returning stability to Cana Dian business says financial coun Sel. Total collections of excise taxes dominated by the sales tax item for the latest month were according to preliminary figures showing a decrease from the corresponding month last year of Only 5.5 i per cent. This compared with dips of 7.2 per cent in May and 7.8 per cent in april the latter having been the largest since business Momen turn began to Slacken. Mines Montreal excise tax w8 Jan. I ch.12.sos March 11.4.12 april 5.7p2 May .14.408 june 14.215 too s omitted. From the standpoint of the minion budget the sales lax show a new mining map and description of mining operations has been by the Sanford Evans statistical service. This reference enables the Reader to locate the j property location of any mine in the mid West Canadian mining Fields and Flo Trace the Iran spor station routes supplying the Dis head offices and mine offices Are also listed. Do report of Mcdougall Pegar sex heavy buying in late trading tuesday rallied Montreal mar Ket from Early easiness. Papers led the Rise with gains of a Point for Price St. Lawrence corporation preferred and St. Lawrence paper preferred. Nickel gained a Point and Smel ters Brazil improved almost a Point and Bell Telephone a i. Dominion Bridge and steel of Canada lagged fractionally. Cement and United steels How Ever edged up "4. National steel car climbed a Point and Canadian car preferred do minion steel and Coal a and Mccoll. International Pete and general steel wares were up about h. Osier Hammond Alt. Pac. Grain Alt. Pae. Gun. Pad. Assoc. Brew. Bathurst a Bell Tel. Co. Brazilian . Power . Power a Bruck silk. Bldg. Products for the current year largely 3e As valued at car Fly pm pencils. Revenue Wise upon the trend Wilth cup cases taking 55.248. Other Cement com. Revenue was from dividends and Hajj pad. . Per. Com. For june is heartening because. A proration co. Of Canada limited with the income tax increase pretty the l ear ended March 31 show Well established the Fate of the Bud Jed net profit of compared gated Over All deficit of a with 515.321 in the preceding year. I production As valued at Nan Long july 12. Open High Low close it 4% 4 a 414 78 10 121. 31 4 a 3b 56 17% 27 163 12% of this next most important source i of Revenue. Estimates of the minis Ter of finance have provided for a decrease of 9.2 per cent in the combined excise taxes group for the current fiscal year in that the june drop of 5.5 per cent and the cumulative first Quarter decline of 6.5 per cent provide a Cushion which May 11 ssh royalties. Daily tonnage at the Mill of Waite Amulet mines be raised from 350 to 500 ions As soon As possible James y. Murdoch. President announced monday. Aerial Tramway from the Waite property to the Mill will be Over . Per. Pid. . S ships com. . Pm to. Limited will . Bronze com. . pm. . Cd lanes of. . Converters. . Pac. By. I Coin. My. Tes. 4 15 3 2 Tib 38 12 92 421 go Auberta . Cons. Trans Canada British Dominion Brown Oil. I Calgary and Edmonton ii Calmont j Commonwealth crows nest Oil a Dalhousie 24 East Crest Freehold foundation Hergo Oil i Hume Oil the Exchange Bates at -i.9g . Dollar. Franc 2.77v8 Jim Icino d cents. At new York Pound . Dlr. .99vi franc cents. At 178.60 for . Dlr. 36.23 for . Dlr. 35.93 for. In s2.90 . 59.44 cents . Dlr. 58.95 cents. Narcee cite Model Monarch Nat. Pete i Nordon i Kalta dlr. J Paralta a Fiur Mill Heads at s. Dollar 4.82% 1 of. Per the Pound French franc 178.69 the Pound. London quotations London july 12. Brazilian . Int. Nick. . Steel Anglo am. Of so. Africa 55s, Brit. Am. Tob. 105s 7vid, Cable and wireless cent. Mining Consol. Gold Fields 78s vivid East Geduld h.. 23s 9d, Len. Midland Metal Box 75s, 4s 7v2d, rhodesian Anglo am. 23s i 3d, Springs 29s Trinidad leaseholds 101s 3d, Vente Spost Gold previous close Toj Southwel to United i 10 Vanalta Vulcan bid 10 45 7 1 17 h 10 120 4 1234 17 17 7 23 12 ii is 153 4350 11 30 14 i ask 20 a 40 210 3b 20 30 12g Freeport Texas 23 Barbour co. Houston new 8n4 8 mid. Cont. Pete. 19 4 is Phillips Pete 40 pure Oil i 11 Shell Union lib i consoled. Oils 10 i 10 Socony vac. 14 is Keiley Oil co 30 i 29 stand of Calif. 32-b 30 stand of n7. 53 Texas corp. 45 43 Tidewater Assoc. 14 Union Oil of Cal. 21 i utilities an. For. Per. An. Per. It. Ii 6 an. Tel. Tel. 1-hl i. 139 an. Water was. It Columbia Gas 8 7 consoled. Edison 2il .4 27 elec. Per. If of. To int. Tel. Tel. Nat. Per. It. North an. Co. Ipac. Gas elec. 28 Public serv . 3r- n Sou. Calif. Edison Standard Gas 41. United corp United Gas Imp. 11 Western Union miscellaneous air reduction fi2 Allied chemical. 176 j. M. Cons Jaekola jell Joe Kerr add. Kirlic h. B. Kirk. Lake Kirk town Laguna Lake Shore. Lamaque c Lapa cad Lebel Oro Leitch Gold. Little l. Macassar Mac cod c Madsen red Mal Robic Mandy u Man. E. Jmar Algo Mclntyre p. Mckenzie r Mcvittie Mcwatters Meu curve Merland Oil min. Corp Minto Moneta Morris k. Murphy Mon. Roy Roy Mcd. Newbeck Nipissing Noranda Nordon c. Normetal a 4g 184 70ta 115 14 29b 10 41 178 308 13 19 38 21 it 13 1 4a 1% 7a it 4000 75a 277 1 9070 3900 12 a. 15 600 1500 2150 2900 5000 1500 2000 1000 Able 105 Cal Parvin Cial province of i . Jan. 2 1950 c i . Dec. 15, 195g 106% 110% 113% 104.v s 102 108% 99 112% 112% 100% 89 104 99 115v4 119 118 115% 115 117 83 87 . June 15, 1954 in 93% 5% . Oct. 1, 1955 cd 87 6 . April 1, 1847 c 100% province of j British Columbia 4 . Dec. I 1957 88 4% . Oct 1, 1953 96 5 . April 25. 1954 99% province of vhf Auk. 15. 1953-49 a mow a g6o in 1958 c March 5 . Aug. 1 oct. 1, c 6% March 15. Province of oct. 1, 5% sept. 1. 1 . Mar. Province of dec. 1. In 51 Viz . June . Feb. Province of april 15. 1061 province of 107% 112 114% 109% 113 a 105 a 103 it 109% 101 113% 101% 90 116% 120% 119 117 116% 118 it 8614 90 103% 92 93 v4 101 it 76 79 Frontier sets new Turner Valley recent Calgary july 12. Auction records for Turner Canada s major Field 45 Miles West of Here were shattered the week end. On a 24-hour test Frontier so allies located in. The South of Section of the Valley produced barrels f. O. Byrne presidents the Frontier royalties combat. Limited an associate of Anglo a Dian announced. It is the Fin time a Valley Well has produced t excess of barrels in a 24-hoi period. The record was established sue Day on the last Day of an la production test under proving government supervision. 1952 c Ontario 87% 53 54 54% 57% 98% 159 Brunswick 100 113 a . Sept. 15, 1952-47 5 mar. 1, 1960 108% 115 123 13 v. 109a 7, v. 44 4 3 100 2 85a 74 l. 360 460 375 38 61 6 72 355 350 36 1% 108 13 30a 51% 3 g3 6 74 360 460 305 36 7 151 10 3 112 111 20 a g2 60 12vib 20g 13 2b 13 i tag 170b g8 19.1 12 112 % r 18 so 5 190 5 200 6 12 250 14m i 4300 266 24500 13100 2220 300 i 1680 4000 3800 3100 3500 e25 714 34125 800 9600 2500 2600 120 1550 3700 5450 700 500 5310 200 13% 500 20300 18800 130a it set 3% 78 2039 1200 14go 6 . Mar. 1, 1942 cd 99 . Oct. 1, 1960 in i. 89 greater Winnipeg water g . Apr. 1, 1940 98% 5 . Feb. 1. 1943 a 97 5 . May 1. 1952 97 industrials Abi Tibi Power paper. 5 . June 1, 1953 64 Beauharnois Power corp., 5 . Apr. 1, 1973 92 Brown co., 5% . Apr. 1. 1946 60 Calgary Power co., ltd., 5 . Apr. 1, i960 98 Canada Cement co., 4 a . Nov. 1. 1951 10214 Canada steamships. 5 . Jan. 2, 1957 83 Canadian Pacific Ely 3 . Oct 1, 1945 c 88% 3% . Feb. 15, 1951 c 883-i consolidated paper co 5% . July 2, 1961 sex Federal Grain co 6 . Aug. 1. 1949 and Gatineau paper co 5 . June 1. 1956 cn1 104 6 . June 15, 1941 101% Gypsum Lime lab 5% . March 1. 1948 c Massey Harris co. Ltd 5 . Oct. 15. 1947 Cal 99 Minnesota Ontario paper 6 a Maclaren Quebec Power 5% . Feb. 1, 1961 Cal 102 Shawinigan water per 4.% . Oct. 1, 1967 Cal 105 United Grain growers Ltd 5 . Jan. 2. 1948 c mpg. Elec. Rev. 4, 5 . Jan. 2. 1965 c 65 final distribution of Advance Rumely new York july 12 a final liquidating distribution pm t common Stock of one of the olt farm equipment companies of United states the Aav Rumely corporation which Back to declared Modavi amounting to a share payable at the new York Trust company july 20 upon surrender of Loci certificates for cancellation j unlisted i Richardson sons 5614 100 104% 85 90% 91 9-k 16 13 in 155 10 4400 Cio 90 100 Wall Street hour by hour a. P. Warns co Allis Chalmers an. Bank note an. an. Pm. Achl an. Int. Cryn. An. Radiator. An. Tobacco a an. Woollen Armour Borden. Burroughs Canada dry celanese corp. Coca cola com. Solvents Congo Eum i cont. 1 Corn products Eastman first Nat. Sto Fox film general elec. General foods 49 i 99% a 15 60 v 175 20 a 96 14vh 79 18% 18 20 19 20 175, 138 137 3v. 23 48 i 67 170 30 45 6g 176 1 pc 99 3 17 the following Price indexes supplied at intervals during All sessions Gillette s of the new York Stock Exchange by Dow Jones and company indicate a strict Navy the Market trend of the major groups of securities listed. The averages int. Bus. Mach. Are computed by total i. Int paper pad. The Market trend of the major groups of securities listed the averages Midland by. I Are computed by dividing the total prices of each group by the following Max. Eagle industrials 15.46 rails. 17.8, and utilities 20 Price indexes for tuesday s session Foli Orf 30 industrials 20 railroads 20 utilities. B d. Wool North 65s hid. 4 " Bonds Brit. Per cent Consols Brit 3y2 per. Cent War loan Brit. Funding 4s 1960-90 46 104" 124 11.00 . Noon 1.00 . 2.00 . 140 5 31 15v n 34 3g 10 Gold and Silver Montreal july 12. Gold in London off four cents to Canadian funds 141s in 4 a British and fixed Washington Price for Gold amounted to in Canadian. London july 12. Gold 2vid. Up id. Equivalent 16% i2 bar Silver up 1-16 d. 4 i equivalent 42.97 cents i i Silver close s j Montreal july 12. Futures closed steady and unchanged today. No sales. Bids july 42.50, sept. 41.20, dec. 41.20. Too 213 dividends declared coast breweries limited Quartz res dividends of three cents per share payable aug. 1 to shareholders of 13 record july 13. Bank of Toronto per cent payable for the current Quarter at any of the Bank s branches on and after sept. 1 to shareholders of record aug. 15. 37 i 134.56 134.56 136.40 136.92 close preliminary calculation 137.49 tuesday s Range open 30 industrials 134.10 20 railroads 26 35 20 utilities in is 40 Bonds. 88.68, up .20. 26.61 26.41 26.51 26.90 27.10 27.32 i gtd 138.22 27.57 21.88 Low 133.84 26.26 21.10 21.23 21.13 21.27 21.43 21.55 21.68 close 137.49 27.32 21.68 900 800 500 freight car loading thousand cars i Oboh 1kb ask Kincan Chart by Standard statistics co., in 1933 although United states car loadings Are still Well below the level of the first few months of this year after allowing for seasonal variations they have shown a tendency to stabilize at recent Levels and an Advance is considered Likely Over the next few weeks because of the movement of Large crops to Market. Bus. Mach. Paper pad. Int. Paper a Lone Star Johns Manville Krossc s. S. Kroger 23% 22 i Govi 159 Lig. Meyers Loew s inc math. Alkali . Nat. Biscuit. Nat. Cash Heg. Nat. Dairy p Nat. Dist. Owens Iii. G. Para. Public Penny j. C Proctor g. Purity radio corp. Re k. O. Remington Rand Reynolds a Safeway stores Schenley dist scars Roe. Swift co. Simmons stand. Brands tra Samerica Underwood Union Carbide United drug United fruit . Ind. Alcohol Warner Bros Zenith radio Westinghouse Wool Worth Worthington p. 11 52 18 be i b Ion i 51 20 it s9v11% 78% 10% 15 41 18v. 19% 69 8 11% 58 81 set 05 21 a 23 we. 10 50% 89 17% 16% 99 i 50% 27 24 20 lol 22% 67v4 10% 50 it 18 19 a 65% 17% 23 it 83% 21 3vi 67 1 123 5% in. 8 i h 44 2i 51 j 2.-, v 51 44 4. Pvt 15% in. 23 4 50 i 10 in. 15 68 2% 3 in. It it 2v p. O Brien Oil sol. Kalta Olga Oil Omega Oro Plata Paralta Parlour Pandora Paul Ore Pawnee k. Paymaster Pavord Pend o. Perron Pickle c. Pioneer g Powell r. Premier Preston e. D. 91 Prairie r. 3fib fend auth. 200 to 157" 50 85 10 345 49 no 224 1go 2fl5b 227 218 370 80 a 7% 340 2% 50 500 4100 4700 str 2vt 14900 340 5 250 25a 17600 3000 101 40 104 log i 67 Toronto industrials Bingham Mckay july 12. Open High Low close red Crest red l. G. Reno Ritchie m. Roche l. Royality Reeves me. 15 11 45 3 o 13 44% 40b my 145 405 219 216 85 i 220 7 157 4g5 300a 225 218 85 500 i c brewing corp. Brewing corp. Of. F. N. Burt . Bud. canners Canada bread. Anada dredging. . Vinegars . Gen. Elec. 21 17b 21 b 20% 2goo 5450 4000 1380 4100 400 9900 2ro 13 33070 1500 2% 1% 12% 44% 300 1000 2500 4100 an. Oil St. Anthony h Antonio 130 Shawkey 12 beep Crk. 97 Sher. Gord. 144 Siscoe 228 Sladen m. Slave Lake. Sta Acona Straw l. B. 120 53 10 127 225 115 15 52 9v 11 130 11 97 137 228 7800 300 4 11390 1 1070 cons. Bakeries cons. Gas Dom. Stores equitable life Fanny Farmer Ford of Canada George Weston Goodyear of . Gypsum. L., a. Hiram w. Com. Hiram w. Pad. Kelvin Tor of a. Laura Secord Loblaw a Loblaw a Maple Leal Koore corp. Pane j photo engravers. Rogers Majestic stand. Paving super test Pete. Toronto mtg. 25 16 185b 10 lib 179 6 4 it 25 16 199a 14a 179 6 Albany River Algol Algoma Summit area Argosy Athena Bailor Barber Larder year Berens River big master Bre sold Callinan flin flon Camlaren . Pandora Central Manitoba Chan Yellowknife Chesterville Coin Lake cont. Kirkland Crow Shore Cuni Tau Dawson White Dickson Sachiyo Dunlop a. Al Bonanza elmos Eva Lake. Faulke Hajn flin flon Flold 31 k 35 a e 18. I 44 5 i v i 18% 19 11 59% 18% 60 19 60% 7% 40 .4 18% 18% forty four Frontier Golden Gate Gordon Lebel Gorham. _ Reat Falls Gurney Gold Hall nor Hiawatha Hudson Patricia Hugh Hutchison lace Kaw Crow Patricia Henricia Kirkland Gateway _ Fayette Lacoma Alee Dufault Ake Geneva Ake Hose Lake Rowan Akenhead Lakeside Kirk. Lamaque Gold Magnet cons. Magnet Lake Malai Lic Goldfields 7 i Manitoba Basin Martin Bird Mccarthy Webb Moffalt Hall new Moosha is 6 314 39 138 5h it 11" 6 6 51 00 170 1 2 24 13 vhf 41 a i 19 11 60v 3% 33vab 6b 16b 23% a set 118 2 11800 in 56 1 a. 15 Sudbury a. Sudbury Sullivan Sylvanita Tec Hughes Temiscaming Texas . To bum towage Mac. Uchi Lake United Oil ventures wendigo w. Amulet 5nll 485 White Eagle iwo wih Scy Cou 13 w. Cadillac. 25 or. Harg. 75s 745 West Turner lob 335 455 11 133 210 46 211 14% 550 15 15 98 3s5 450 455 10% 11 131 200 19000 40166 3200 110 1500 150 125 700 3200 300 133 210 46 1 1100 211 14% 400 7350 550 15 540 745 10 Haun. In. 5 1800 19g 1400 40411 soon 7011 945 Walkerville United steel _. Waterloo mfg. 135b West. . Flour 108vib vib i. 34a g a 17a set 4a 37a Llila new York curb Jackson Bros. Grain co. Ltd 23 100 47vi j 1% total London prices London july 12. Copper Standard spot off 15s future 5s, off 15s electrolytic spot bid off 10s asked. Off 10s. Tin spot off 12s6d future off 15s. Bids Lead spot 10s. Off of. Zinc spot 15s. Off 3s 9d future off 2s 6d. Foreign Exchange Montreal july 12. Ind foreign Exchange closed easier tuesday. Nominal rate Large amounts Argentina peso .2616 .ooc4d Australia Pound 3.9631 f.0027d Belgium Belga .1705 Orold China Hong Kong dollars .3104 c.0004d czechoslovak Crown .0349 Orold Denmark Krone .2218 aluminium co. Am. Cyna mid am. G. And e. Am. Super per. Bunker Hill . Marconi carib synd. Cities serv. New Avia. Trans. C. Crole Pete. Crocker elec. E. S. Gulf Oil Newmont j pen Road St. Regis paper pan an. Stand. Oil key. July 12. Open High Low Closi 00 23 29% 34 23% 30 France franc .027738 .000019d Germany reichm k .4048 .0003d great Britain Pound 4.9644 Holland Florin .5543 .0003d Hungary Peng .2000 Orold India Rupee .3709 .0006d Japan yen .2897 Orold Yugoslavia Dinar .0236 Orold new zealand Pound 3.9950 .0023d Norway Krone Poland zloty .2496 Orold .1904 Orold South Africa Pound 4.9390 .0034d Switzerland franc.2303 Ooola . Dollar . Prem. Unch compiled by the Royal Bank of Canada United Light Niagara Hud 7 3% 18% 2% 23 a 8 it 44 71 2 of 17% 3 8% 90 22 v2 29% 2v, 23% 8% 42 70% 3% 17% 18% 2% 8 7% Masher Long Lac 40% Negus Gold 18% j next rib ago lib Oklend 60 o Leary Malartic Oliver Severn Ope Miska Oriole pack sack Pascalis Plains Pete Pontiac Rouyn Porcupine Lake prop. Mines Quebec Manitou Rand Malartic Raven River Rice Lake Rich Rock Gold Sachiyo River Sand River Sheldon Larder Shenango Silver Valley Siscoe Extension Skookum smelters Gold 23y, Spooner Golo 30 Springer Sturgeon Sturgeon Sunbeam Kirk. 21. 8 6 24 t 575 69 12 w. 23 92 4 15 9 e i f 4 j 600 i 3 i 72 z 13 s 58 190 10 170 40 210 i 35 35 3025 1% 2.1 a ;