Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 14, 1939, Winnipeg, Manitoba Friday s Grain livestock produce wheat prices rally to erase by Early losses Winnipeg free pres Friday july .14, 1939 Page seventeen. Grain Exchange Winnipeg july 14. Winnipeg wheat prices moved narrowly in Friday s session with firmness at Chicago and a Small Export business of around 350jkio bushels aiding the mar final quotations were a Winnipeg july 14, 1939. Wheat open 54% 55% 55 oct. Barley oct oct. New dec. 25% 32% High 55b 55% 567s-b 57 2bv 25% 33b i i u i y higher with the july at j oct. Export business in the top Northern was of mostly grades and included lots of one and three Northern. Market had a nervous appear with the Trade watching conditions and crop info i closely. It was believed that july Low 53 a 55 a 55% 25 a 25vi-a 25 33% 32% 32v43 32% close 54% .56% dec. July oct. Dec. 131 36 lib b 26 26a 34b 33a 33% 142b Prev. Gloss 54 55% a 33% 32% b 32 b 357 8a 353.1 37 3bb 38vsb 129 37a 38b last year 98% 77% 43% 34% 32% 47 is 45 146 146 50 50% Chicago the present Price level had Dis counted a Large Canadian crop and any unfavourable development would in immediately reflected. Condi tons nil the Prairies were generally satisfactory will moderate tempera lures prevailing on thursday and on Friday at most Points. Tic forecast however suggesting showers and warm weather in some caused some uneasiness Ridic the possible development of rust Chicago s steady display most set jct no session helped sentiment dry. And it was believed that the Peak of the Winter wheat move Aenni the Southwest had passed. I la Al prices drifted lower in the lures when Selling of a mod i crate character found Only meagre july wheat july sept. Dec. July sept. Dec. July sept. Dec. July open i 44 st. U some of this pressure was Iuri aupied to outside interests with Southern firms Selling the october november and december. Part of the oiling in the november was believed to be against purchases at Chicago and this was supplemented by a Little local liquidation although wheat Board offerings again appear cd of a Light character. Continental and Seaboard interests appeared to be picking up wheat quite on a moderate scale on races and in late dealings when sufferings dried prices responded briskly when local Short Cov entered the Market. The Market however got Little from Liverpool which moved narrowly opening to a higher and closing Vid Down to lid cabled despatches said thai there had been a let up in sell on the overseas Market but i that prices had shown a hesitant tone due to a slow Mill demand. on the july contract a bushels also were a minor Factor. Competitive Export prices at 1 Liverpool disclosed Only Small variations in quotations except in French which were in y creased overnight. Caru Dian prices eased while 3 Argentine Josafe declined j the spread Between three f Northern Manitoba therefore j widened so to Loc. A depressing feature of the Over seas statistical information was the expectation that France would have surplus As Large As too bushels at the end of the sea this figure was Well above any estimate and was some i what of a Bombshell to the Trade. Cash when was almost a Blank Friday with very Little interest 29 39 i 43 i High 68 a 44 45% 46% 29 2814 44 Low 65 is 66 67 it 43 44% 45 is 27% 26% 40 42% close 66% july 14, 1939. Prev. Close 40 a 45% 87 46 29b 29v4b 39b 41 431.2 Minneapolis wheat quotations Friday july 14 Winnipeg close to i cent higher. Liverpool close Down to m9 higher. Buenos Aires noon unchanged. Rotterdam close to cent higher. Chicago close Al to cent higher. Minneapolis close 1 toys cent higher. Week end Trade displays usual inactivity Union stockyards Winnipeg and st. Boniface july receipts at the Union stockyards up to 3 o clock Friday morning consisted of 115 cattle 35 calves 30 hogs and 20 sheep and lambs to Gether with 175 cattle on through Billing. Apart from a few deliveries coming off trucks there is nothing further in sight to arrive in the Southern Manitoba expected to Cut Barley next week Yards during the Day. The usual week end inactivity featured the cattle Market for a Friday with very few buyers out in search of cattle. Consequently it was an abbreviated trading session with barely sufficient transactions being recorded on killing classes to really establish reliable quotations. There were a few stockers and feeders cleaned up to fill out ship Ping orders about in line with the Low spot of this week while a few harvesting of Barley is expected shipping bulls sold about 25c lower to Start in the Gretna area in i downward from Southern Manitoba next week a the was the weak cording railway to the Canadian Pacific report issued Friday. Generally Prairie crops continue n favourable condition according to surveys issued by both railways. . Report All of Manitoba s wheat crop More than half of Alberta s and Saskatchewan s is reported headed out according the Canadian open High 71% Low close july 14, 1939. Sept. 711j Esik dec. 71v4 71 s 7hsb Minneapolis Cash wheat close May 14 no. 1 dark nor. 58-60 ibs. 14 t protein. Prev. Close 70 u 71 May 13 Liverpool Liverpool july 14. Quotations supplied by Broomhall today. Prices Are Cost insurance and Liverpool. Per by. Can. Money no. 1 Manitoba Northern. Vancouver shipment july. No. 3 Manitoba Northern Vancouver shipment july. French soft wheat shipment july Argentine Josafe. 63% shipment july. Australian wheat afloat from the various countries have been converted from their values in Sterling to a basis of Canadian funds at Friday s approximate Exchange rate Between Banks. Fri. 69% 62% 51% 60% thurs. 69% 63 50 i Liverpool futures Liverpool wheat futures close per 100 pounds Friday thursday july 3s 3s october 3s 3s december 4s 4s these prices converted into can Adian bushels and Money at s4.08. Friday s approximate Exchange rate Between Banks Are As follows thursday s quotations converted at a Rale of ?4.69 Friday thursday july .52% i october .56 .56 december 58% 58-4 Winnipeg Cash prices these prices Are always the quotations on Cash grains at the time of closing the future Market and refer Only to Grain in store at fort William and port Arthur. Wheat no. 1 hard no. 1 Northern no. 2 Northern no. 3 Northern no. 4 Northern july. 14 july. 13 Winnipeg privileges closing prices Winnipeg daily privileges Friday july 14 october december bids 54% 55% offers 55% no. No. 6 wheat coarse grains Cash factions included a fair i Garnet and Export demand for three Ujj Darnel cats one feed Oats while three j Noi hard Tough Barley and lower were also being taken by exporters and for domes a no. 3 Northern Tough tic account. The spread on three Tol so i . Barlev quite firm with no. 1 Northern smutty Isona trades reported at better. 2 i a Load or two of Rye was also be i Amber durum to been taken i in coarse grains Dis closed Good support in. Oats believed to be in connection with Export sales out of Vancouver with the Export business placed in the neighbourhood of bushels. Liti idalion continued in most of Divis with some Southern Selling in Rye part of which May have presented inter Market spreading with Chicago. Cars inspected for Grade Soring -1 Man. Hard cents. Corn prices were in at cent lower with my at 48 and August at 47xe. Flax prices closed v4 cent higher with july unquoted and August at Good. Medium. Common can nits and cumers. Hulls Good common 241 342 2c8 482 37g 243 206 144 Stocker and feeder Good.130 common.730 Stock cows and Good.119 common.233 milkers springers. 47 total cattle .4574 Good and Choice .1746 common and grasses. 58 total calves .315g select Bacon 144 bacon.41g butchers. Go heavies. G4 extra heavies Hui lights and feeders 5.7fi no. 1 sows. 253 no. 2 sows 123 houghs. 20 Stags. 15 total hogs.1777 Good Handy weights.1236 common All weights. 202 Bucks. 38 Good Handy weights. 102 sg.50 6.00 5.25 4.50 g.50 6.00 5.25 4.50 0.00 5.25 4.50 4.00 c.75 6.00 5.25 4.25 3.50 3.00 2.25 4.00 3.25 4.25 3.00 .1.50 4.of 2.50 3.01 30.00 50.00 0.00 4.00 3.50 1.00 per he 2.00 per he 5.75 5.00 5.75 5.00 7.00 li.50 5.75 4.50 4.00 3.25 3.00 4.75 thumbs Down Saskatchewan Kcf spurns new party Saskatoon july 14. Decision to refuse a proposal for co operation with the new democracy movement in the forthcoming Federal elections in Saskatchewan was made thursday morning by the fourth convention of the Saskatchewan . Meeting in the bes Borough Here. In a Blanket Resolution introduced y the . Central executive the meeting also turned thumbs Down on an overture made by a. C. Stewart k.c., m.l.a., Unity Mem Ber for Yorkton constituency. Or. Stewart s proposal contained in a memorandum Given a h. Williams. M.l.a., provincial . Leader suggested that the . Refrain from running candidates in constituencies both Federal and provincial where he and three others of whom he was Leader in the opposition ranks of the wan legislature held seats. Have submerged themselves within this no platform movement or. Herridge finds himself in the Peculiar position that he is nominal Leader of the communist party in weather reports issued by the meteorological service of Canada i 7.65 n.50 8.50 5.51 4.50 4.50 3.50 8.00 5.50 7.00 7.g5 5.75 7.00 7.50 common total sheep. 103 .1737 South st. Paul markets South is. Paul july quotations Friday july 14. Slaughter Stock steers cd. 750-900 ibs s9.25 s10.co 10.00 9.00 8.75 8.25 go. 900-1000 ibs. 0.00 cd. 11100-1300 ibs. 825 cd. 1300-1500 ibs. 3.25 go. 750-900 ibs. 8.25 go. 900-1100 ibs. 8.00 go. 1100-1300 ibs. 8.50 9 go. 1300-1500 ibs. 8.00 9 com. 750-1100 ibs. 6.25 7, steers. Ii fees and mixed cd. 500-750 ibs. 8.75 9. Go. 5110-750 ibs. 8.25 9, cd. 730-900 ibs. 8.75 go. 750-900 ibs. 8.00 mtg. 500-900 ibs. 7.00 com. 500-900 ibs. 5.75 go. All was. 6.50 med. All was. 6.00 Cut and com All was. 4.75 canner Low Cut All was. 3.75 hulls yearlings beef go. All was. 7.00 Sau Sajle go. 6.75 med. All was. 6.00 a ausaire Cut and com., nil was. 5.25 go. And cd. All was. 8.00 com and med All was. 5.25 cull All wts.4.00 go. And ch., 400 ibs. Down. 7.25 com. And med. 400 ibs. Down 5.00 cull 400 ibs. Down 4.00 feeder and stocked cattle and calves steers cd. 500-800 ibs gd., 500-800 ibs med., 500-1000 is. Com. 500-900 ibs heifers cd. 500-700 Itas med. And gd., 500-750 ibs. Cows Mart. And go. All was. Calves steers go. And ch., 500 ibs. Down. Med., 500 ibs. Down calves Heifer go. And cd. 500 ibs. Down. Vied., 500 ibs. Down hog quotations _.d.-ch., 120-140 ibs. ., 140-160 ibs. 160-180 ibs. 180-200 los. Go -ch., 200-220 ibs. 200-240 ibs. 240-270 ibs. ., 270-300 ibs. Go -ch., 300-330 ibs. 3d.-ch. 330-360 ibs. Ilcd., 160-220 ibs gd.-ch., 270-300 ibs. ., 300-330 ibs. . 330-360 ibs. Go. 360-400 ibs gd., 400-450 ibs go 450-500 is Jed. 250-500 ibs Tib 875 8.25 7.25 0.00 6.25 6.50 6.75 7.00 7.00 7.00 0.65 6.50 5.65 5.25 5.10 6.40 mayor a. C. Ellison of Regina and George h. Barr. K.c., recently nominated to carry the Herridge High Banner in the Hegina Federal Riding presented the request for co opera Ion with the new democracy movement to the convention. Their arguments were answered by m. J. Coldwell m.p., chairman of the . National organization. Or. Williams read the Stewart memo Randum. The Resolution As passed unanimously adopted by the Large convention read As follows resolved that this convention reiterate its Faith in the . Plat orm the . Organization and n the ultimate Victory of the ., and instructs its officers and Meni ers to do everything within their Jower to ensure that , Candi Latch contest every election and by election in order to elect a . Government for Saskatchewan and a . Government for the Resolution was construed As excluding the possibility of Unity with other groups or of a saw off Between the . And other progressive political organizations As suggested in the overtures of the new democracy movement and or. Stewart. Mayor Ellison declared the new democracy movement was not a new political party but an align ment of existing parties groups and individuals for the purpose of defeating the forces of reaction. There was no suggestion the . Should sink its identity. The . Would not have sufficient candidates in the Federal Field to elect a govern ment and Victory was certain Only through joining hands with other Reform groups. Want new Deal now people did not want an Utopia for their grandchildren. They wanted a new now. Are we going to Divide and let reaction win or will we ourselves unite and he Victori or. Barr told the convention that Canada needed the services of such men As m. J. Coldwell t. C. Doug Las and other . Members. Co operation would assure the elec Tion of these. He denied there was any attempt to destroy the . On the part of or. Herridge. Your decision Here lies at the very Root of the Farmers or. Barr asserted. Or. Coldwell recalled the progressive movement of 20 years ago when 65 men without a philosophy or a programme were elected to Ottawa. More than half of these had shed Progress ism at the first Opportunity and had gone to their own some of them still sat in a reactionary government. He declared the present Unity movement was in the same category As that of 20 years ago. Frustration defeat and betrayal of the Farmers organization would be in the Herridge movement As it had been in the previous Unity attempt. It was formed solely to defeat re action but offered nothing to Lake reaction s place. In 1925, when the progressive move disbanded Many retired to their studies and were not heard from until the recent Herridge move. I would rather go Down to defeat than be associated with such a or. Coldwell declared. Amazed at move originally he understood it was the intention of the new democracy not to run candidates and he was amazed to find they had nominated Saskatchewan and Here alone where the stronghold of the . Was situated. The . Was itself a new democracy move ment. It had been denounced As such by the communists and social Victoria Vancouver Kain oops. Prince George Jasper Fairview Low free. 7.10 7.10 7.10 7.05 0.75 fi.25 5.70 5.35 5.50 Only 5.40 5.15 4.70 4.30 4.10 4.00 5.50 5.50 5.25 4.75 4.40 5.15 . 00-120 ibs. Go cd. 70-120 is. Go -ch., 120-180 ibs. 6.25 0.50 6.50 president s cup up for Competition Winnipeg Grain men Are All poised for the president s cup con one of the major Golf com petitions of the season As far As the Trade is concerned which com at Nia Kawa on monday of july 17. The coveted trophy which is up for Competition has produced Many stirring Battles since it was presented by w. A. Bawlf in 1917. J. T. Irving is the present Holder and is expected to be a keen defender. Fences Ter noon. Calgary Lethbridge Medicine hat Swift current Moose Baui Eford Prince Albert Quappelle Minnedosa Winnipeg Sioux Lookout while River port Arthur Parry sound Toronto kinks on Ottawa vet Irville red Deer Stettler Coronation Empress Drumheller Brooks Lloydminster Macklin Kinder sly Humboldt Melfort Yorkton Kamsack Consul Assiniboia Lehow grass Swan Kiver Dauphin 3-i Sli Ai 8 71 48 71 78 8-1 b i 35 7s by 7.1 78 78 70 70 b l 73 s3 59 lil lil 48 53 34 52 is 48 44 44 52 41 47 is 30 01 02 52 51 60 44 38 53 48 58 51 54 44 52 48 4g 411 51 4fi 48 44 .03 .07 .05 .73 .02 ,02 Brandon Porta fic la Prairie 74 52 Pierson 84 44 Boissevain 78 48 Cypress River 7r 44 Morden 80 52 Emerson 78 Fin Kenora 73 50 synopsis of weather conditions except for a few i Howers in Al Berla the weather in the Prairie prov inces has been fair and warm. Thunder showers have occurred in Many districts from Ontario eastward. Forecasts and moderately warm today. Saturday to arcs ii Southeast winds partly Cloudy and warm probably scattered thundershowers. C Oudy tonight and saturday with scattered Thun Cler showers continuing warm moderate to arcs ii Southeast winds today becoming variable on saturday. Cloudy today and sat urday with scattered thundershowers not much change in temperature. Al Thrifty us fishy credit which had rallied to the Banner of or Herridge. A Challenge to or. Coldwell to publicly debate the question of co operation was accepted Here today. The challenger was mayor c. E1h on. The debate will take place about the Middle of August in Saskatoon. George h. Williams Regina. M.l.a., was chosen president of the Saskatchewan Council of tile co operative Commonwealth federa Ion for the next year and Peter g. Of Saskatoon is rg2m this advertisement is Noc inserted by government liquor control commission. J the commission is not responsible for made As to Quality of products Dairi produce Dominion Dairy Branch japs defeat westerns Tokyo july 14. All stars today detested Vancouver 1938 Canadian basketball champions. 34-22 to win the three game series two to Cne Ese team won wednesday s tin 30-28. While the canadians took the opener monday 31-6. On sunday the westerns meet the Kyoto Imperial University quintet later the canadians will tour Manchukuo. Makaroff k.c., vice president. The Canadian people cannot expect to enjoy Freedom happiness and Security As Long As they permit few huge monopolies to retain Possession of the sources of our National wealth said Angus Mac Ennis m.p., for Vancouver East. Door slammed general tightening of its constr ution to insure positive exclusion of outside influences especially communist in . Constituency conventions was achieved by Way of constitutional amendment at the convention thursday afternoon. Several amendments introduced by the Constitution committee were adopted swiftly by the convention proper so swiftly in fact that they appeared to constitute slamming the door against communism once and for All. Earlier in he convention g. H. Williams m.l.a., provincial Leader declared communist influences had been at work to destroy the . In the Meadow Lake and other provincial constituencies. The operate Canadian National railways Western Region sealed lenders will be received at the office of. The chief Engineer. Winnipeg until twelve o clock noon. Monday july 24th. For ditching at various Points Between Miles 33.45 and 50.30. Turn Berry subdivision in the provinces of Mani Toba and Saskatchewan plans specific Lions and form of con tract May he seen and form of fender obtained at the offices of chief Erinc Rel Winnipeg division Engineer. Dau Caln and . At fent at the Pas. Tenders will not he considered unless on form supplied by the railway company and accompanied by an accepted Cheque on n chartered Bank Cru. To five per cent of the value of the Wor payable to the order of the treasurer Canadian National . No bid Bonds will be accepted with tenders on ii work. The lowest or any Lender rot necessarily accepted. A. E. Warren vice president Winnipeg. July 12th. 1539. Chi a work. Public notice is hereby Siven that Columbia insurance company of new York a corporation duly incorporated by letters Patent granted by the state of new York has been granted a License bearing Date the Day if july 1923 authorizing the Caid company to carry on its business or object Wilhm the province of Manitoba. My has to estered under sub division 1 of division i of part Xiv of the companies act. Orld has appointed her the province. Dated at the office of the Secretary this sixth Day of july 1939. J. S. Mcdiarmid. Acting provincial Secretary. Public notice hereby give that Bureau of engraving. Incorporated a corporation duly for Pora cd by articles of incorporation by the state of Minnesota is been granted a License Hea Date he at a Public meeting wednesday evening. E. J. Garland National . Organizer put it this Way since or. Herridge has no plat form and the social credit forces at in Secretary this seventh Day j s. Media timid. Acting provincial Secretary ;