Winnipeg Free Press

Winnipeg Free Press (Newspaper) - September 19, 1938, Winnipeg, Manitoba Sixteen Winnipeg free press monday september 19, 1938. Toronto stocks crash for heaviest weekly loss since break in Rush of events threatening War in Europe drops Gold share Index within nine Points of year s Low Toronto sept. 17. Rush of events threatening War in Europe got the Stock Market Down in the last week and As alarmed holders dumped their securities prices crashed for the heaviest losses recorded in one week since the break in october last year. Gold shares took a loss of 10.86 in the Toronto Exchange Index to come within nine Points of the Low for the year. Industrial shares did Little better registering a decline of 9.85. While the base metals weakened 4.71 and the Western oils 2.84. In faling under the influence of War fright Canadian markets merely followed the Lead of new York London and other european centres. On thursday prices rallied from the severe sell off wednesday inspired by hopefulness for the Suc Cess of the Chamberlain conference with Hitler but political skies were again dark on Friday and prices tumbled again though the Selling jars Worth of concentrates which j. D. Shannon Engineer in charge of operations on the Oro Grande is in the City arranging for the Purchase and shipment of supplies powder and stores for Winter work. He is also arranging for the instal lation of a flotation unit to treat the concentrates which have been accumulating. Of Bullion the result of 25 Days operation has been shipped to the mint. Another clean up will be made in the near future and in addition there Are some three or four thousand Dol dried up to the lightest volume since monday. Base Metal shares went Down with the golds and the industrials Early in the period but As the week advanced they began to reflect Board room sentiment that if War should come the non ferrous Metal producers might not do so badly. Selling bulked in a dozen or More of the medium Price golds and these tumbled to crowd their Low Points for the year. A thin buying demand marked the Trade in the Industrial Section and in the excitement of wednes Day s sell off some of the heavy in j dust rials dropped a Point Between j sales. Utilities and senior oils held bet Ter than other groups while the liquors foods papers and implements were heavy. Aside from a loss of so for Royality the Western oils were not severely hit. Start t1 ii it f to halt was conservation Calgary sept. 17. Oil companies Friday started action in Alberta supreme court for an injunction to restrain the Petroleum and natural Gas conservation Board from enforcing a Gas conservation order in Turner Valley Oil Fields. The companies claimed the Alberta conservation act 1938, was Ultra Vires of the Alberta Legisla Ture and that an amendment to the natural resources Transfer agree ment Between the province and the Dominion providing for passing of the act was also Ultra Vires. Miracle oils limited and Mer Cury limited who operate Gas Wells in Southern Turner Vader and Gas and Oil products limited absorption Plant operators brought the action against the attorney general of Alberta and the conservation Board of which w. F. Knode is chairman. Wings reports net loss of Toronto sept. 17. Of wings limited for the year ended May 31 showed net loss of 278, compared with net profit of in the preceding 13 months. Operating Revenue dropped to 461 from operating expenses were reduced to from earned surplus was listed at 770 Burnett s London dry gins that much better this advertisement is not inserted by government liquor control commission. The commission is not responsible for statements made As to Quality of products will have to be treated to extract the Gold. In opening up various Stopes in he mine sampling and assay tests have far exceeded expectations or. Shannon says. The first Stope on the 250-foot level has now been opened for a continuous length of 150 feet. The Ore was carefully sampled and in nearly every in stance the average ran higher than the Drift sampling and across greater widths. Values of two to four ounces per ton in Gold across three to five feet were not uncommon. With these Cut Down we estimate that the entire 150 feet with an average Width of three feet is better than ounce Ore. Another Stope has been opened on the first level which will average half ounce Ore across stopping Width. Three machines Are operating underground and Ore broken a month ahead of the Mill. There is enough Ore in sight to last eight or nine months at the present rate of production. Canadian business continues steady business in some centres moved on the upgrade during the last week but most districts showed Little change the weekly report of the Canadian credit men s Trust association limited said Friday. A summary of the report for Wes Tern cities follows Winnipeg wholesale grocery sales Good. Meat sales slightly improved. Clothing sales Are also showing an Advance. Collections remain fairly Good. Grocery sales fairly Good. Dry goods fair. Hard Ware Good. Retail Trade fair. Collections slow. Moose boots and shoes Good. Wholesale and retail groceries fairly Good. Wholesale hardware fairly Good. Retail hard Ware fair. Dry goods Good. Collections fair. Saskatoon wholesale grocery business about the same As August but considerably increased Over last year. Retail Trade has been slow but the fall season pick up is starting. Country Trade still shows an increase. Current collections Good. Calgary wholesale and retail grocery trades report a slight in crease. Department stores Are busier than they have been for some time. Hardware just fair. Building Supply trades Slack. Edmonton wholesale groceries fairly Good. Hardware paints and varnishes Good. Automotive sup plies Good. Dry goods boots and shoes and ready to Wear fairly Good. Current collections fair. Vancouver wholesale grocery and food Supply houses report Good sales volume. Boots and shoes sales Good. Clothing sales Good and collections fairly Good. Hardware sales fairly Good in Small wares but larger lines still rather slow. Gaso line and Oil sales continue Good. Confectionery lines fair. Retail Trade continuing to show improve ment. Collections fair. Saturday s Canadian . Stocks Bonds Winnipeg Winnipeg Stock Exchange fal Lowed the Lead set by other exchanges saturday and prices were generally lower reflecting the critical state of world affairs and the disposition to relinquish hold Ings Over the four thousand shares of flin flon Gold sold at 3. Sachiyo River sold at 513.75 despite news of payment of the company s indebtedness after less than five months opera Tion. Star Lake was bought at 2, five thousand shares changing hands at this Price. Great Falls sold at while Gurney Gold was from 9 to Ovi. Previous after noon sales included Star Lake at and san Antonio at while Home investment sold at 517. Par Alta. Pac Grain pad. 100 Alta. P. Grain com. No Beaver lumber pad. 100 Beaver lumber com. No Blue ribbon pad. 50 Blue ribbon com. No Brit. Amer. c. E. Corp. No . . Pac. Ray. 25 Corr. Paper Box of. 100 Corr. Pap. Box. Pm no bid 20.00 2.00 25.00 3.50 18.00 1.81 5.00 25.00 3.10 100.00 28.00 60.00 2.50 cres. Army. Pad. 100 12.00x advertised. Metal markets new York prices. New York sept. 17. Steady electrolytic spot 10.25 Export 10.45-10.50. Tin steady spot and nearby. Forward 43.50. Lead steady spot new York 5.00-5.05 East St. Louis 4.85. Zinc steady East St. Louis spot and Forward 4.85. Pig Iron aluminium Antimony quicksilver Platinum and chinese Wolf Amite unchanged. Montreal prices Montreal sept. 17. Copper electrolytic 11.95 tin 46.10 Lead 4.75 Zinc. 4.50 Antimony 15.00 per 100 pounds . Mont real five ton lots. Canadian Fairbanks Morse preferred. Payable oct. 15 to shareholders of record sept. 30. Uchi cold mines limited notice to shareholders your president and Board of directors advise that it is very important to you to have your shares registered before the 26th of september 1938. Toronto Ontario sept. 15. 1338. J. E. Hammel president. Dom. End. C. Of. 100 93.00 96.00 Dom. E. Car pm no 2.50 3.00 Federal Grain pad 100 30.00 Federal Grain com. No 1.75 2.25 saddlery 6% of 50 18.00 3. W. Saddlery com. No 1.50 Imperial Oil no 15.50 int. Nickel no 45.75 nor. Star Oil of cd 5 3% North Star Oil of cd no Reliance Grain pad. 100 Reliance Grain com. No 5.25 United Grain grow. 25 7.00 Western breweries. No a. Can. Flour pad. 100 w. Can. Flour com. No 3.50 Ivester Grain pad. 100 West. Grocers pad. 100 108.00 West. Grocers com no 49.00 Vest. Steel products no 9 00 wines limited is vines v. T or. Electric pad. 100 8.00 Ivos. Electric no 200 web. Electric a no 1 13 insurance Trust loan. Etc Beaver fire ins 100 . Fire ins 50 81.66 Canadian indemnity 100 125 00 it. West l. Assance 100 Home i. S. An. 100 Monarch life Loox 25.00 nor. Can. Mtg pad 25 3 00 nor. Mage. Part pm 2.00 Northern Trust 20 6.00 Royal by of . 100 fio of Sovereign l. 259i up 100 12.00 traders bldg Assn 100 investment trusts . Amer. Trust no 300 . Invest. Fund no fundamental ser. A no 4 68 fundamental ser b no 4 213 grouped income no sales transactions saturday morn info sent 17 1.50 58.50 7.50 7.50 2.50 30.00 4.5d 7.00 10.00 .50 .40 13.00 2 .50 320.00 20.00 Toronto stocks were sold for heavy losses on the Toronto Stock Exchange saturday on gloomy news from european capitals relating to War prospects. Many new lows for the year were with the medium Price golds Bear ing the Brunt of the Selling drive. Base metals went Down with the golds while the industrials held a Little better. Noranda and consolidated smelters wilted 2% to 3 Points Nickel lost about Hudson Bay a Waite Amulet sold off sharply hitting a Low of 3.75 for a drop of 80 cents. Bingham Mckay Ltd High 7 Acme Afton Ajax Alta. P c. Alderman amm. Anglo h. Anglo c. Arntfield Ashley ast. Q Aztec Ang pore bag Mac 14b net change sales 9a. It 4000 Backfield base Beattie bid. Big mis. Bobo. Bralorne Brett to. Buff a. Bun. H. A. Brown Oil c. E. C. Calmont Oil . Malar. Ii Rioboo a. 210 Castle Treth. 69b cent. Pat. 210 cent. Pore. 7 Chr. M. S. 45 coast cop. 200 Aurum 112 com. Pete. 20 Chesterville. 80 1000 2 1000 4.05 5.25 Dalhousie o. Dark water Davies Pete. Dome Doryal . Denison East Crest East Martic 181 Eldorado 178 Faulkenham 17 Falconbridge 475 fed. Kirk. Foothills found. P. Francoeur Fenland j Gillies Lake Glenora god s Lake go Dale Gold Eagle 35b 7 25 30 6% 15 170 155 50a 7 u 25 u 8a 6a 171 162 1000 1100 1510 new York the Stock Market Sank to new Low ground since. June 28 in Active trading saturday while1 Central european Bonds had a Sharp decline and grains advanced. Many traders sold stocks to be out of the Market Over the week end in event of any change for the worse in the Czecho slovak situation. Some Selling came from european houses. So Active was Selling that Stock tickers fell several minutes be Hind in the first hour. The mar Ket was More orderly in the final hour but volume continued Large. Losses were extended to More than 6 Points in Chesapeake corporation. Rails were particularly weak. Steels motors and utilities were heavy losers. Coppers resisted pressure better than other sections. James Richardson sons metals Alaska june Aii am. Metal am. Smelting 9% Low close Chie chg. Cerro de Pasco dome mines Howe sound Insp cons. Cop. Int. Nickel Kennicott Mclntyre pore. Mckee. Tin Phelps Dodge . Smelt Auburn 45 31% 44 29% 42. 12% 43% 16% 34% 56 motors 43% 30 42% 29 40 12v, 39 v4 15% 33 aviation corp. Bendix aviation. Boeing air plane Briggs mfg. Chrysler Curtis Wright a Curtis Wright Douglas aircraft Eaton mfg. Co elec. Auto it. Firestone general motors Goodrich tire Goodyear tire Hudson Mack truck Murray corp. Nash Kelv. North am. Avn. Packard curb from 8 to 10.15 at great at 05 a Gurney at .09. 500 at Sachiyo at 13.75. At .02, at .02, Star Laki at .02. Curb unlisted Bailor Gold mines no Bruce cons. 3i cons. Goldfields no Dick Stone Copper no Star Lake no b. M. Syn. Canadian Rand 50c Clover Gold no Clover Gold Cryderman Gold mrs. No Dickson Sachiyo no flin flon Gold no forty four is Gold Island no Gold Lake no great Falls m., s. Is Gurney Gold no Island Lake no Jowsey Island no knee Lake Malartic Goldfields is Oro Grandesi pack sack. No Pine Lake no Rice Lake mining no Sach go River no Scattergood no Scotia Gold. No Wallace Lake no Wingold no mpg. River tin no Marvel. Oils 51 Sunbeam Kirkland .01 .01 .02 .00% .01% .04 .09 .03 .01 .02 .27 .03 .03 .01% 03 2.50 .02 .03 10.00 .00 y. .05 Osy. .05 .02 .06 a .0914 .01 .07 .01 .03 .05 14.00 .02 .01% .01 .04% -01 .05 .29 40 10 20 10 9 9% 9 2vbb 37 36 goldfish g. Bousquet or. Rouyn Grandora Gunnar hard Rock Harker High. Narcee. Hollinger Home Oil Homestead Howey Gold . M. S. Int. Nickel. J. M. Cons. 13 3% 57 " 148 460 475 4% 3 40 10 20 9 9 3a 36 4 i 1 13 12% 95 15% 27% 7b 56% 135 7 i2% 85 15 20 5 via 1% 140 a a 85 15 20 3 10105 500 goo 1500 500 750 200 2200 14000 3500 2400 1500 1500 175 4% 4% 7a 17 Toronto industrials Ching Harris Mckay Ltd _ open High Low close brew. Lisa brew. Corp. Pad. I9a f. N. Hurt 21 21 Burlington steel. Can. Bud brew. 4a . Canners 5a . Bread 4a . Dredging 16 16 . Vinegars 14b . Oil rift n a Consumers was 175 175 Dominion stores 5 5 equitable life 6b Fanny Farmer Ford of Canada 19 19 George Weston Lovi 10% Goodyear of . 63 s3 Gypsum. L., a. 4% Hiram w. Com. 37vi 37% Hiram w. Pad. 9 19 Kelvin Tor of a. 12v, 12v.i Laura Secord 55y4b Loblaw a 21 y 21v. Loblaw a 20 20 Maple Leaf 160b Moore corp. 31 31 Pante Pec photo engravers 15 Brogers Majestic 2 2% stand. Paving 2 2 super test Pete. 36b Toronto Mage. 107b Walkerville it in United steel 3% 3% w. Can. Flour 2b 1 18 4 10 18% 57a 20% 191.4 250a 17a 2 38a Lloa 10 63 4vi 36 18% 12 a 20% 19% 2 1 a 3% Montreal curb Osier Hammond Nanton sept 17, 1938. Open High Low close 200 200 195 200 15 75% 2% 2% 15 75% 14 72 Abi Tibi Abi Tibi pad. Asbestos Bathurst a Beauharnois or. Bous. Cad. Brewers dist. 4% Brit. Am. Oil 18% 18% u Isy . Brew. 120 . Brew. Pad. 17 . Malting 28 29y4 a . Vickers 514 5% 5 . Wineries 3a cons. Paper 4% of Dis. Seagram 14 Dom. Stores 5v 4a bom. Tar a 19 18% 43% 41% 20 18% 25 23% 7% 21 7v4 a 7% 7% 714 4 9 8% 6% 6v, 24 23% 7% 7% 42 a 39 1s% 15% steels an. Car Fly 21 20 an. Loco. 15% 15 Baldwin Loco. 7y8 Bethlehem steel 55va 54ya Case. J. 1. 80% Caterpillar tract. 45% 45 Crucible steel 30% 28 Gen. Ray. Sig. 17 Inland steel 73 72 int. Harvester 59 a 56% i drum steel 16 Otis elevator 20% Republic steel 15% 15% Timken r. 45% 43% . Pips f. 36% 36 u. S. Steel 52% u. S. Steel pad. Vanadium West. Air b. Stew. Warner 2500 Studebaker United aircraft 18000 Ltd. Air lines . Rubber yellow truck 2% 2% 42 2% 29 Iya 40 2% it 1% 20 1% 30 in 1 67 to 2% Ivi 2 i in. 21 8 a i 24 a 40 2v, k a 1% 45 Montreal prices collapsed one to More than in Stock Market Selling started by traders fearful of what the week end might bring1 in european developments. Rails and equipments were hardest hit. National steel car swung Down. Canadian car and foundry common lost and Dominion steel and Coal a dropped a Point. In the metals Noranda Copper sold off three Points smelters 2vfe and Nickel the papers showed weakness too and utilities Fol Lowed the trend. Osier Hammond Nanton open High Low close Alta. P. Or. 3a Alta. F. Or. Pad. 28a Assoc. J3rew. 13% Bathurst a 7% it it Bell Telephone 160 brazilian 9% 9% 8% . Power a 29y3 29y2 29 29 Bruck silk 3 build. Prod. 50 . C. F. 11% 11% 10 10% . C. F. Pad. 25 25% 25 25% Cement com. 7% 7va 7 1ys . Cement pad. 92 92 91 91 . Pow. Pad. Lloa Canada is. Com. Canada is. Pad. 9 a. Can. Ind. Alco. A 2 Cari. Ind. Alco. B 2b . Bronze pad. 104b. Can. Celanese com . Celanese pad 90 . Con. 8b. Can. Pac. By. 5% 5% 5 5 f . M. And a. 50% 50% 49% 49% Cockshutt plow Dom. Bridge Dom. Dom. Textile com Dryden electro Lux. Found. Co. Of Gatineau p. Com Gatineau pow. Pad Gen. W. Com 28 10 27 8% Gen. Steel w. Pad Gurd Chas. Gypsum l. A. Imp. Tob. Int. Nickel int. Pc wer. Pad. Lake w. Mag. Mas. Karris Mas. K., pad. Mont. Power Mccoll front. Nat. Crew. Nat. B., pad. National steel car Ogilvie Ogilvie pad. Penman Power corp. Quebec Power St. Corp. P. Shaw vinian Sherwin Williams Smith. Howard St. Lawr. A. Steel of . Com. S. Can. Pow. Com. 28 10 63 5 15 10% 10% 9% 9% 10% 80 by go 15 47 77% 11 5% 41 28% 9% 38 40b 48 27 150 10% 15 12 17% 12 11 3% 64 11% 15% 47 41 4va 14% 4 a 45% 39% 39% 43% 25 10% 10 12 17% 3% 64 61% 37% 43a 4g 26 11% 17% 3% 61% . Pow. Pad. 105a mpg. Elec. Com. 185 i mpg Al pad. 8b West. Groc. Com. 49 a West. Gioc pad. 72 1 Atchison top. A. Bait and of. Brooklyn Man. Can. Pacific Dies and of. Chesapeake corp. Del. And Hud. Del., l. And a. Erie com. It. Northern pad. Illinois Central Kan. City a. A. And to. ., c. St a. Central Northern Pac. Penn. R. A. Southern Pac. 1091.4 109 16% is 19% 18% railroads 2% 36 2 1% a 16 19 554 26% 32 15 i 5% 2% 16 9% 28% 5% 7% 554 25% 1454 5 a 15% 814 it 4 1 Southern Ray. Union Pac. 2% 10% 15 9% 17% 14 a 10 80% oils 14 8% 16% 13v o 9% 79 Allan. Refine. Cont. Of Del. Freeport Tex. Harbour co. Houston new mid. Cont. Pete Phillips Pete pure Oil Shell Union cons. Oils Socony vacuum Skelley Oil co. Stand of Cal if. Stand of Texas corp. Texas Gulf Ulph Tidewater Assoc. Union Oil of Cal. 20% 20% 28 2754 29 16% 6% 6 16 15 36 35% 9% 8% 14% 14% 8 a 8 12% 12% 2% 28 28 51 so 41% 40 34% 12 19% utilities an. For. Per 3% 3 an. Per. It. 4 an. Tel. Tel. 136 1 20 v in in 14v4 i an. Water works Columbia Gas comm. Sou. Consolidated de. Elec. Per. It. Int. Tel. Tel. Nat. Per. 1.1. North an. Co. Pac. Gas elect. Pub. So. Of . Sou. Chi. Edison Standard Gas Ltd. Corp. Ltd. Gas Imp. Western Union 8% 5-% 1 24 3% 6% 6 17% 25% 27% 207, 2% 2% 9% 23% 4 135% 135 21 7% 5% 22t4 7% 6% 16% 25 i 25% 2v, 2% 9% 23% 8% 1 in miscellaneous air reduction 56% Allied chemical 173 2% in z Sand a. St. Anth. San ant. Shawkey sheep a Sher. G. Siscoe Slad. M. Slave l. Sta Acona Straw l. Sud. A. Sud. A. Sullivan Sylvanita Teck h. Temiscaming Tex. Can. O. 120 Toburn 175 towage Mac. Uchi Lake 115 414 81 105 164 66 6b 32 210 10 80 280 445 7% 101 98 155 61 20a 101 it 98 155 1500 1934 265 430 30 150 9b 425 lob United Oil. Ventures to Bendigo Waite am. 450 375 White Eagle Wiltsey a. 7 Wood cad. Wrist h. 725 695 West Turner 7% 31 7 200 10 80 265 8 120 166 30 135 1 3900 2500 650 4000 1600 2475 7940 6000 400 1000 500 8000 2 4 4-6 405 12a 375 7 17 700 7% Allis Chalmers an. Bank note an. Can an. Com. Alch. An. Int. Corp. An. Rad. . An. Tobacco b an. Woollen Armour new Best co. Borden Burroughs Calif. Pkg. Can. Dry celanese corp. Childs corny. Sol. Cong oleum . Can. Corn pro. Coty Dupont Fox film Gen. Elec. Gen. Foods Gillette Glidden g. W. Sugar Indus. Rayon int. Bus. Mach pad. Int p. Pad. Int. Paper a Lone Star Johns Manville Kresge. S. S. Liquid garb. Loew s inc. 2500 Lorillard Mathieson Alkali 1875 45? 15% 95 10 6% 14 80% 4% 4% 47 15% 16% 14% 18% 7% 44% 15 94% 9% 6 1354 4% 46 15 15% 14 17ya 7% 8% 22va 38% 65 3v, 56 3 14 1 6 1, i 23% 66 3% 128% 127 23% 22% 37% 32% 77. 18 2654 22% 155 32 6% 49% 5200 Toronto Stock averages Melady Sellers co., Ltd 20 industrials 102.75, Down 3.96. 20 golds 104.53, Down 4.53. 10 base metals 79.45, Down 3.44. 15 Western oils 26.49, Down 1.30. Total sales Wall Street hour by hour a. P. Elul e a co the following Price indexes supplied at intervals during All sessions of the new York Stock Exchange by Dow Jones company indicate the Market trend of the major groups of securities listed. The averages Are computed by dividing the final 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 134.85 24.67 17.94 11 am. 131.85 2354 17.42 close preliminary calculation 131.82 24.01 17.34 saturday s Range Ope ii High Low close 30 industrials. 131.82 131.87 131.03 131.82 20 24.40 24.42 23.71 20 utilities. 17.64 17.65 17.28 1734 40 Bonds 86, off .27. Mont Ward Natl. Biscuit i. Nat. Cash Reg. Nat. Dairy prod. Nat distilleries Owens 111. Glass Paramount pub Penny j. C proc. Gamble purity bakeries radio Corn. Radio a Orch. Remington Rand Sears Roebuck i 33% 7% 19 23 155 33y, 51 17% 48 18 26 44 22% 22% 21% 66% 9% 50% 11% 6% 2 13 68 6% 15 v in. 14 65 2 y 2% 38 1 1 1 26% in 155 4 15 i 46 18 42 21% 12 21. 66_ 76 50% 10% 6 7 49% 21 m 2 v. 1 in. Standard brands Simmons 27% tra Samerica Union Carbide United fruit . Indus. Al. Warner Bros. Zenith radio Westing. Elec. Woolworth Worthing. Pump. 78 57 1814 5% 19 99 44% 1614 total 6% 25% 9 a 77 18 5 17% 95v4 43% 15% 66 a 9 Miya a 6 2v. It a 77 2 s y4 4% new York curb Jackson Bros. Grain co. Ltd aluminium co. Am. Cyna mid am. Gas elec. Am. Super pow. Can. Marconi carib. Synd. Cities Sec. New Crole Pete elec. A. Gulf. Oil. Humble Oil open .106 22 23v. 7. 6 19 6v4 37% 6314 Newmont 67 pen Road. 1% High 106 22 23% 1 7, 6 19 so 37% 63% 67 Low close 103 103% 2078 20% 22% 23 St Regis paper pan am. Niagara Hudson 2% 12% 6% 6 37% 63% 67 2% 8 37% 12 unlisted stocks t. R Billett co sept. 16. Bid ask . Pulp paper 7% pad. 50.00 55.00 Burns co. A 5.00 6.00 Canada life Assurance 520.00 530.00 Dunlop tire pad. Par s25. 18.00 20.00 Federal Grain 30.00 transit. 6.75 7.25 Guelph carpet 101.75 104.00 London Western Trust. 35.00 province Iii paper 6% pad. 102.00 103.00 Reliance Grain pad. 58.50 Sun life Assurance co. 475.00 500.00 traders Fin. B pad. W. R. 95.00 98.00 unlisted Bonds . Pulo paper 1950 81.50 Calgary Power i960 97.50 100.00 Canada Cement 1951. 100.50 103.50 Canadian Vickers 1947. 96.50 99.50 Dominion tar 1951 100.00 Federal Grain co. 1949. 93.00 Gatineau Power 1956 102.50 great lakes paper gyp., Liine Ala. Slate 48 95.50 Maple Leaf Mill s 49 a Var. Corp. 1959 98.50 Sirr son s Ltd. 1951 96.50 Ltd. Grata growers 48 87.50 10s.oo 90.00 98.50 45.50 101.25 99.50 91.50 it. Hon. M. J. Savage prime minister of new zealand who has announced that the new zealand general elections would be held october 15. July Canadian Gold production ounces sept. 17 Gold production continues to in crease. Figures released by the Dominion Bureau of statistics show ounces were produced in july in june and in july 1937. During the first seven months of 1938 production totalled ounces against in the same period last year. Production of Western provinces with june figures in brackets was British Columbia ounces Manitoba and Saskatchewan Nova Scotia Yukon s production of alluvial and lode Gold was ounces against in july 1s37. Unlisted mines by James Richardson sons sept. 17. Bid asked Coas Ftak exports to us during August Ottawa sept. 17. Exports to the United ust totalled with in August the Export of principal coi affected by the United is Ada Trade agreement against minion Bureau of statistics principal commodities c under the agreement m Auasi the 1937 figures in de whisky Dairy cattle cattle Whitefish Muskrat skins cheese logs a planks and. Boards 436-11? pulpwood a shingles sch 774 Wood pulp newsprint government River Calgary oils a. Flett and co., Ltd bid Alta. Cons. 11 British trans Canada British Dominion Brown Oil 24 Calgary Edmonton 180 Calmont 20 Commonwealth 20 crows nest Oil 1 Dalhousie 35 East Crest 5 Freehold. 3% foundation. 12 Hargold Oil 14% Highwood Narcee 8 Home Oil. Mercury 6% Mcdougall Segur. 12 Model 22 Monarch 10% Nat. Pete. Nordon. 5 Kalta 98 Prairie. Paralta 5 Royality 3700 Southwest Pete 26 United Oil 9 Vanalta 4 Vulcan 52 Bond averages mibs Spence co., Ltd sept. 17th. Prev. Today Cage. 100.30 107.52 101.07 107.07 109.30 35 Dom. Prov. Short Canadas Long Canadas Dom. Guaranties Eastern provincials Western provincials 88.40 Gold and Silver London prices London sept. 17. Gold 144s up 1 Penny. Equivalent bar Silver 19 9-16d, up Montreal sept. 17. Up bar in London up three cents at an ounce in Canadian funds 144s, in British. The fixed 35 Washington Price amounted to j35.19 in Canadian. Silver close Montreal sept. 17. Futures closed easier Down 50 Points. No sales. Closing bids sept., 42.20 dec., 40.50. Albany Algol Ngoma. Summit area Argosy Athena Barber Larder 3erens River 3ig master. Flin flon Camlaren Canadian Pandora Central Manitoba Chan Yellowknife Coin Lake cont. Kirkland. How Shore Cuni Tau Dawson White 3ickson Sachiyo Dunlop a. Is Bonanza Clos Eva Lake flin flon Gold four Frontier Gate ordon Lebe Orham Falls Urney Gold. Lallor Hiawatha. Hudson Patricia lugh Hutchison Lake a Crow Patricia Henricia. Kirkland Gateway. Jaf Ayette Jacoma Lake Dufault. Lake Geneva Lake Rowan Lakehead Lakeside Kirk. Laraque Gold Macfarlane la. Magnet cons. Magnet Lake Manitoba Basin margin Bird Mccarthy Webb Melba Gold Moffatt Hall new Moosha Mosier Long Lac Negus Gold new rib ago no Beau Oklend. O Leary Malartic one Miska Oriole pack sack Pascalis Plains Pete Pontiac Rouyn prop. Mines Quebec Manitou Rand Malartic Raven River red Lake Gold she Rice Lake Rich Rock Gold Rhyolite Rouyn Sachiyo River Sheldon Larder Shenago Siscoe Extension Skookum smelters Gold South Verm Filion split Lake Spooner Gold Springer Sturgeon Sturgeon River. Sunbeam Kirk. Surf Inlet Tom Johnson Nipigon Tonawanda upper Canada Val d or Wells loner Lac. Wesley Gold West red Lake Westside Long Lac White horse. Williamson Dilport Wingold wino a Pat. Woco Gold Young Davidson 20 10% 3% 5 15. 65 2 1 "3 3% "3 11 7 4% 2% 25 1 3 20 38 22 11vs 6 17 80 3 osits off half million Ottawa crease of sept. 17. In Bank of Canada s the week ended sept government deposits was shown it the for deposits of chartered banter win also Down by s108.000. Notes a circulation showed an increase i ratio of net Reserve to and Deposit liabilities was., per cent this week 54.44 last eel the statement with change noted from the previous week t thousands of assets Gold., Coin increase 731 . Dollars other currencies of Gold Sandac countries .1, unchanged total it serve decrease 141 suck diary Coin 245, decrease vestments in Dominion and pro. Vinci Al government Short he securities increase a jobs i investments in Dominion and pro. 434 j Vinci Al government ser Rilje decrease 56 total arrest i ments increase i j premises 1.684. Increase All 3 i other assets 3179. Assets increase 4 33 2% 5% 9 750 1% 8% 2% 10 7 1 59 14 4% 575 1% 46 9 12 5 j 7 4% 5 3 3% 2% 3 0 0 6 13% 9 8% 1 5% 1% 4% 7 is 27 13 1% 1% 41 4 1% 3% 1% s 3 4 32 19 lation increase do. Minion decrease 665 chartered Bank de posits decrease 108r ofte deposits 966, increase deposits decrease a other liabilities decrease toe total liabilities irites 3 total i liabilities capital and rest butt 27 unchanged notes in. Circa 3% 100 5% 35 3% 5 6% 11 800 90 214 10 3 3% 23 11 9 1% 2% 63 16 5% 2 10 goo 49 11 1v4 14 7 8 5% 5% 18 65 foreign Exchange Montreal sept. 19. And foreign Exchange closed ease saturday. Nominal rates for larg amounts Argentine .2544 co ooze Australia Belgium 1701 China Hong Kong Orold Denmark .2158 Onosai France franc.027068 too Zowi great Britain Pound .4.8243 .0042d Holland Florin. .5413 of loom 4% .3617 70 15 4 9 3% 32 125 170 16 18 37 3% 1% 7 g 14% 11 2 5% 9 20 30 15 2 2% 43 110 11 3 g 4% 2 7 4% 5 14 21 dividends declared Hollinger consolidated Gold mines 5 cents plus 5 cents payable oct 7 to shareholders of record sept. 23. National steel car 50 cents payable oct. 15 to shareholders of record sept. 30. New zealand 3.8853 Wolod Norway 2429 0002a South Africa Pound .4.8033 Sweden krone.2492 .0002a Switzerland 2269 0002d United states Dollar pc. Prea compiled by the Royal Bank a Exchange rates at 482 7-u . Dollar franc 2.70.1w6 at new "479s Canadian Dollar .99 21-32s at in us 59.50 cents Canadian Dollar 59.1 cents. V at Dollar the Pound French franc 178.311 the Pound. Churchill bound Ottawa 17. Up ships bound for Churchill to wheat now stored in elevator there neared the to Hudson Strait today. A wireless report to the transport department. Gave the the . Rudby at 7.45 . Yesterday As approximately Miles East of Resolution the . Dalby at the was approximately 810 Resolution Island. Canada life changes j. D. Willl9jmson, actuary. File a Fla , chief actuary j. G. Beaut 51a, f.aj5, actuary. Following the recent announcement of important executive appointments in the Canada life company comes1 the news of further senior changes in that company the Board of directors have in promotion of . Williamson and j g Beatty to the position of actuary. File recently actuary becomes chief actuary. These officials have been associated with the Canada life from 19 to ;