Winnipeg Free Press

Winnipeg Free Press (Newspaper) - December 2, 1939, Winnipeg, Manitoba Page Twenty Winnipeg free press saturday decembers 1939 Gram stocks Bonds Industry Grain Exchange Winnipeg dec. 2. Influenced by strength in Southern markets local wheat futures prices were firm most of saturday s session. Trading was on a much lighter scale and two sided. At the close values were to lower for the Day with december at prices moved within about a Range with Only a Small business in Whei it and flour reported. Over seas wheat sales were made up mostly of Odd lots while the Trade in flour appeared to be largely for Domestic account. Both Export houses and Mills were credited with scattered support in the f til tires Market. Some Early buying was attributed to Southern houses and May have involved inter Market spread ing. Commission House dealings were mixed and spasmodic with some of he Selling apparently in the Way offerings Winnipeg dec. 2, 1939. Open dec. 76% Tea May july 81% dec. 34% May july 35% dec. May july dec. May july Rye Doc. May july 45% 47% 47 168% 172 High 76% 80% 82-b 35-b 36% 36 47 172ysb Low 75% 80 v4 36 35 4-a 45 47 171 of profit taking. Light credited to the were wheat Board but on the whole Selling remained relatively thin. Trading generally was Dull. United states markets forged ahead with december positions Ai Chicago and Kansas City establishing new seasonal highs Tor the to Laird successive Day. The Extension of maturity on . Government Loans coupled with continued unfavourable crop news from the Winter wheat jell prompted the up turns in prices. Values at top Levels were More than one cent Over the previous close. Buenos Aires wheat was firm and finished the Day unchanged to a higher. The government crop report confirmed poor wheat yields in the Northern provinces but Indi actus that Harvest has not yet started in Buenos Aires and la Pampa. Cash wheat appeared quiet on saturday with some terminal de Mand coming out for one and two Northern and other trades mostly on an Odd car basis. A fair Export demand appeared in nearly All grades of Barley particularly in the extra three . And one feeds while Domestic interests were picking up Oats taking extra three . With this Grade Trad ing at cent better in the spread. Pit trading in coarse grains was on the quiet Side with a Little Export support noticed in Barley and Rye being taken by Southern interests apparently on a spread against sales of wheat or in connection with inter Market spreading with Chicago. Oats were quiet a minor Domestic demand showing. Dec. May july dec. May july a. May july dec. May july Fil 64% open 33 89% 01 53 54 54% 39 is 33% 55% 56 i 57 62v4b 64% 61 64 is. 64a close of .34% 36ysb 172y4a 169 Ash 62% 64% 64b last year esp Prev. Close 76% 34% 36% 47% 46% a 168% 172 v4a 64% a. 28 29 37 38 vib 36% .141" 38% 40% 41% High "93% 90% 87% 53% 54% 55 38% 37% 33% 56% 57% 57% Low 92% 52% 54% 54% 39 37vs 33% 55% 56% 56% close 86% 54% 39a 37ya.a 56 a 56% b dec. 2, 1939. Prev. Close 86% 53% 54% 54% 37 i 57a open High Low close dec. 89% b 89% May 88% 88% 88% july 87% 87% 87% Minneapolis Cash wheat close dec. 2 no. 1 dark nor., 58-60 Ibsh protein. Dec. 2, 1939. Prev. Close 89% 88 Vic 87% dec. 1 Winnipeg Cash prices these Are always the quotations on Cash grains at the time of Clos Lufi the future Market and Refai Only to Grain in store at fort William and port Arlhur wheat shipment for Lakehead the Canadian wheat Board in circular instructions to the Trade has requested Grain companies to ship three Northern to feed wheat including toughs and Damps to fort William port Arthur from Al Berta Points having an eight cent or lower freight differential in favor Oil Vancouver when shipment is required to relieve congestion. The Board says that except As above previous instructions remain in effect but shipments to Calgary and Edmonton government Eleva tors from above area on allotments made by the Board s Calgary office will now be confined to one hard one and two Northern 1 . . And 3 . Garnet including toughs of these grades. Wheat quotations saturday dec. 2. Winnipeg lower. Chicago higher unchanged. Minneapolis higher. Buenos Aires higher. Liverpool and Rotterdam closed. 1 hard no. 1 Northern no. 2 Northern no. 3 Northern no. 4 Northern no. 3 wheat no 6 wheat feed wheat 58% no. 1 Garnet no. 2 Garnet no Garnet 65 a no. 1 hard Tou Jih 74% no. 1 Toush no. 2 nor. Tough nothing no. Tough 70 a. No. 4.nor Tough 68 a. No. D Tough no 1 nor. Smutty no. 2 nor smutty is a no. 3 nor. Smutty no. 1 Amber durum no. 2 Amber durum no. 3 Amber durum no. Amber durum no. 1 White apr Lufi no. 2 White Spring 6514, no. 3 White Spring 621 i no. 4 special no. Special 64 a. No. G special no. Mixed wheat 04v4. Truck i basis no. 1 2 . No. Sex. 3 34w no. 3 . Sex. 1 feed no 1 feed 30% no. 2 feed no. 3 feed track grades no. 1 . 6 Row 46 no. 2 . 6-Row 4g, no. I . 2-Row to. 2 . 2-Row 47. No. 3 . Brow 45v4. Other grades no. 1 feed 4514 no. 2 feed no. 3 feed track 45. Vlad no 1 . No. 2 . No. . 142v., no. 4 . 62 Central owners ask exorbitant rates Vancouver ., dec. 2. Spe Grain trading Friday was entirely devoid of interest and n fact nothing has been sold Tor Export since last monday. Freight brokers reported Neutral owners still asking exorbitant rates Lor freight. Loadings Friday were rarely nominal at 39.733 compared with elevator receipts of bushels. Total stocks Are bushels but rail move ment continues to ease off with Only 157 cars in terminals Here and 479 cars in transit on Divisions. November exports were Only a fraction of last year being 926 bushels compared with a year ago. Month s total included to . Continent to Orient. And to Central and South America. Figures for month season and year ago follow -.-continent, s89 and Orient 632 and Central and South Canadian and . Ports hold Large quantities wheat in late Rush Broomhall comment we. Held co. Ltd with the close navigation in the great lakes approaching about the capacity loadings Are reported at the Lake head 24 hour shifts Are Load the vessels and move the wheat East Ward. Additional Lake boats have been brought into this work. Mont real now. Holds Over Bush Els of wheat Sorel que Halifax and St. John bushels. Albany has now bushels of wheat alone in store besides Corn Etc. The . Has bought a lot. Of Canadian wheat estimated at bushels wheat and flour this week and a similar amount last week. The Price has been 70 cents and 75 cents at fort William for Best grades. This is 80 and 85 cents at the Seaboard or about cents and Canadian funds in great Britain. This is not an exorbitant Price in. War time but with the oversupply in the world at , it is still a buyers Market and importers can still obtain a lot of wheat from exporting countries if vessels can be Lound. The Southern hemisphere crops have matured with the usual amount of damage from Frost rust and inclement weather but yields with the old crop carryover added will furnish Large surpluses for shipment in 1940, approximating bushels from Australia and the Argentine with the old crop carryovers added. With the exception of the Southern half of the Buenos Aires province the crops in the Southern hemisphere Are about ready for the combines and receipts Are about to assume the usual Large proportions at of the year with a reduced outlet on account of the Ever spreading War in Europe Australia reported excellent Quality of Early threshing returns. . Offers new York dec. Reports the following grades or wheat and coarse grains offered at Liverpool . Port of shipment Canadian no. 1 nor., Vancouver dec. Canadian cents o. 2jnor., Vancouver o. 1 Tor. St. Form t dec. Mid Jan. No 1 feed Oats St John mid Jan other australian wheat Dee. Argentine Josafe dec. No. 2 White african Corn dec. Argentine Corn dec. No. 2 . Yellow Corn Baltimore dec. 7 Swa 83% 57% 61% so we 28 a 3vib 315 305 totals was moved from new Westminster or Victoria in novem Ber. Country marketing . Track Grain inspection cars inspected Friday. Dec. 1. 1939. Sorinc wheat 1 Man. Nor. 302. 2 Man. Nor 162, 3 Man. Nor. 43, 4 Man. Not 14 no 5 3. No. 4 special 10, no. 5 special 1. Smutty 2. Toush 154, Damp 3. Re in card 4. No. 1 Garnet 11. No. 2 Garnet 13. No. 3 Garnet 1. Tough Garnet 2.0, 8 am. Durum 4. 1 mixed wheat 2. Win r 2 . 1. Total cars wheat wheat coarse grains cars wheat coarse grains Argentine wheat yields Are poor Broomhall special to free press Buenos Aires dec. 2. The Argentine official crop report indicates very poor wheat yields in the Northern provinces but in Buenos Aires and la Pampa the Harvest has not yet started. The Southern sections of these prov inces Are expected to give the Best yields. Linseed yields Are Gener ally poor. Corn conditions Are Good but some Frost bitten Fields have made reseeding necessary. Buenos Aires wheat futures closed unchanged to a higher saturday with february at and March at 60-Yac, while flax was to lv8c higher with february and March closed my higher to unchanged with december and january 55c. Antwerp has been a fair buyer of afloat Argentine wheat. No last year wheat 555. 374. Cars contract e crams 2 . 13, sex. 3 . 10. 3 . 4 1 feed 13. 2 feed 3. Tough 13. Total Arr no. 2 . 15, six 3 . 22. 1 feed 5, 2 feed 3 feed 5, Tough 14, Damp 1. Total cars 71 last flax year 1. 1 a year 35. A 12. Total cars 12 last hyc--2 . 14. 3 . 7. Touyh.2. Total cars 23 last year 0. Grand total 380, . 477, . 55. Rocky Mountain House Alta. Up _ a Farmer in this Bushland area has found a sure Way to foil Chicken thieves after annual thefts for 10 years. He has moved the Birds into he Kitchen o his Home. Calgary Alta co operation is still in Flower. When Charles Semple went to Hospital his neighbor j. J. Mcknight har vested Sample s Grain with his own Thresher. Ilminster. England. Eight hours after being sentenced to death for the murder of her five month old son a 19-year-old girl was reprieved to life imprisonment. The. Presiding judge broke Down while passing sentence on her. London. London trans port Board has Lent some of its bus Drivers to the Royal army service corps to serve As instructors to lorry Drivers. Looking huge just before it Slid Down the ways at Genoa is italian battleship in Ripe launched recently. Friday Las Tyr. 470 67 489 76 78% new York dec. 2. Up Duryne the past two Days Antwerp has Purchase no. 2 Manitoba Northern for prompt shipment at per Bushel and Argen Tine tto Safe afloat at prices ranging fron to and also Barusso afloat from 94vac to 95v.1c per bushels . In addition , 1 . Dark Winters in so position was purchased at be Ushel insurance included. Mill grind pigs Ottawa dec. 2 up wheat ground in Canadian Mills during october amounted Bush Els compared with in october 1938, the Dominion Bureau of statistics reported thursday. Mil stocks of wheat on oct. 31 totalled bushels compared. With last year. In the coarse Grain group the milling of Corn Barley and mixed Grain was at a higher level while Oats and buckwheat declined. Totals were As follows with figures for october last year in Oats bushels Corn Barley 167, 169 23, mixed Grain 733. 3avies Pete Denison 3ome Dorval Sis. Las Crest East Mai. 320 i Dorado 88b Falconbridge. 400 de. Kirk. Ter land found. Pee. Francoeur. Olden Gate. Allies Lahe. Llenora gods Lake so Dale in discussing the strength of december wheat at Chicago in the ate trading Southern observers said that the demand was Stimus ated by the announcement that maturity dates have been extended on . Government Loans on wheat stored in warehouses and because of the continued absence of ten Ders on contracts. Under the original agreement wheat Loans were. For a seven month period and some of. The. Loans would have terminated Early in february and the Extension Means that no wheat will be forced out before april 30th. Maturity of Loans on farm stored wheat is also on april 30 As originally set. December deliveries Only bushels of flax were delivered through the Clearing House saturday on Winnipeg december contracts. W Cash wheat spreads closing Cash wheat spreads on saturday included three and foil Northern five six and feed wheat off one cent. Garnet grades off one cent special four off two cents and special five off one cent. It Jar few it pissing Noranda Nordlin 295 228 3 4a Olovaa 1 32a 134 18a 675 y 295 430 nil 230 nil 8s a 1 new York James Richardson sons High Low close Cage. 55% 172% 171% 1 110% 110 110 a 49% 49 168 a 168 a air reduce. Allied c. D american can am s. Ram. T. am Tota. A 82 81% 81% Anaconda cop. 31 a 30% 30% Bendix aviation 29 Bethleham steel 7b% 7914 Boeing ail plane 22% Briggs mfg. 22 a 22 22 Chrysler corp. 84% cons. Edison . 30% . He in. 03% 63% c3hi Lurtis Wright a. 10 Douglas aircraft. 75 74% 74% 4 Dupont de men. 177% 177 177% Istman Kodak. Freeport sulpher. 30 Endrai electric. 38% Gen. Foods corp. 45% in. Motors 53 52% Goodyear tire. 23% enter. Harvest. 57 Ohns Manville. 73 Kenn. Copper 38 a 38 38 Low s inc. .1-. 33% Tont. Ward 54 53% Nash Kelvin Tor National biscuit . Central . Lay. North am. A. 23% 23% Owens ill. Glass. Pennsylvania . 22% 22 a Proctor Rice Bros. Com. Quebec Gold Reliance Grain Robert Mitchell Walkerville brew. 12% 24 in 4 5 i 23b 16-vib 115 125 21% 21b 24 3. 129a 76 7a 65 60500 nil 1000in. "15 in. Too 147b 110 22b 27 200 1 34 105 4 o Brien Oil select Kalta Omega Oro Plato. Paralta amour p. Pandora paymaster Pend Oreille 215b Perron 185b Pickle Crow 430 Pioneer g. 221 Powell Ryn. 195 Prairie Byl. 19 a Premier 140. Preston . 212 208 Reno 52 Robb. Mont. Roche . Royality ,5-7-z. Sen. Rouyn 37b St. Anthony san Antonio 199 198 Sand River. E a Shawkey sheep Crk. S. Gordon Elscoe Sladen Mai. Slave Straw . Sturgeon Sudbury b. Sudbury a Sullivan Sylvanita 150a 108 x 22b 27 in. 4b 200 5 34 a 220a w5a 430 195 20 a 140 in. 209 1 52 1 a 5 a 33b 118 112 67 36b 8% 4% Lovix 195 70b 305b 111 Steep Hock. Ifo tech h. Temsik. Texas c. Of. Tota urn towage. Upper can. Uchi Gold United Oil ventures Waite am. Wendigo Wiltsy c. Wood cad. Wright h. 405 400 75 160b 25b 05 81 7% 1 435b 585 560 7 2 a 15 795 38a 11 a a 198 b a 3a 118 i 1 112 1 40a ill a 195 6r 80s 310a 170 s 403 6 a 75 175a, 30a 65 1 7 445a 560 5. 7 3a 15 795 700 too 460 9740 30 100 50 Isoo 2500 100 1400 2000 266 200 3000 566 1500 100 1020 700 100 3000 .100 2500 920 200 Wall Street hour by hour Thomson Mckinnon the following Price indices supplied at intervals during All sessions of the new York Stock Exchange by Dow Jones company indicate the Market trend of the in Sojor groups of securities listed. The averages Are computed by dividing the total prices of each group by the following .17.8, and utilities 20. Price indices for saturday s session follow 30 industrials 20 railroads 20 utilities previous close. 146.54 31.85 25.08 11.00 146.63 25.17 close preliminary 146.58 31.76. 25.11 Friday s Range open High. Low. Close 30 industrials. 146.07 146.94? -145.51. 146.54 20 railroads i31.68 31.96 31.50 31.8 15. Utilities 25.00 25.20 24.04 40 Bonds 89.26, to changed. 4b 20% 20b 22 7 a b 19b 245 15% 23 a 40b 2 a 150b 19 27b so is 14 Sci Svi 23 a 17a 120 2w. 25a 37a 7 20 v by 3a 22 17a 17v 3v. 200a 6% 18s, is. Look 3.c. Power a . Power 13 3ruck silk building prod. . C. F. Co. . C. F. Pad. . Cement com. . Cement pad. . Pow. Com. . Pow. Pad. Canada is. Com. Canada is. Pad. . Ind. Alco. A can. Ind. Aleo. B can. Bronze com. . Bronze pad. . Celan. Coin can. Celan. Pad. Converters can. Pac. By. . M. And s. 3om. Bridge Dom. Steel Dom. Textile pm. 3ryden electro Lux found of can. _ to. Power com. Gat. Power pad. Gen. Steel w. Pm. In. Steel w. Pad. Gurd. Chas. Co. Gypsum Al. Hamilton Bridge. My. Tobacco int. Nickel int. Per. Pad. Like of w. A. Massey Harris pm. Massy Harris Ltd. Montreal per. Mccoll Frontenac Nail. Brews com. Nail. Brews pad. Natl. Steel car. Peruvians com. Power c6rp. Quebec Power St Lawr. C. Com. St. Lawr. C. Pad. Shawinigan Sherwin Williams Smith. How. Co. Steel of can. Com. Scan. Per. Coins can per. Pad. Woje elec. Com. Mpg. Elec. Pad. -17 15 27b Oval s2b 17 a 1031 3% 3b 38b 107ta 24 117vib 131 6% 6% 47% 38% 15v. 9a Iriva 93 to a 88 Foj b 5 in 4 6 4 15 a 45 4 7cb 24 r 59 to 37% 3714 401 Goa Ali a 17 Ata 23 j 2b in i e4a 13% 2b 10 31 16fel 13 a 9v, 214 a 17 15 27 93 via 40a 24 Beaver fire ins. 75 00 Beaver lumber pad. 87 on Beaver lumber com. 2 75 can. Amer. Trust 3.70 can. Fire Canadian indemnity can. Invest. Fund Corr. Paper Box pad. 4100 or Cincent Creamery pad. Dom. End. Car. Ptd.67.00 Dom. End. Car. Com. 525 Federal Grain pfd.4050 Federal Grain com. Fundamental Trust a 5.17 fundamental Trust a 4.67 it. West life Assance. It. West Sadr. 6% pad. 19.50 it. West Sadd. , grouped income pm Home . Sav. Assn. 10 of Monarch life 10 . Pm. 21 50 nor. . Me. Pad. 2 30 nor. Mage. Part paid. 1.50 Northern trusts 8.00 North Star Oil pad. North Star Oil com.60 Reliance Grain pad. 64.on Reliance Grain com. Soveun. Life 25 . Pm. 11 2t, trader ii Assn 60.0ft United Grain growers. 051 Western breweries 1.50 is Western Grain pad Vestern grocers pad. 108.00 Jiom extern grocers com. 50.00 Agni Vestern steel proud 8.00 Vintis limited i. Vines . 20 Inni Peu Eli c. Pad. 10.00 pm inn Peg elec. A. 2.00 j in elect Etc b. Jujj sell Ftp Saturn Jim . To great of .03. Oro it .05. San at 2.ikj. 100 United Grein at , 10 41 .00, 5 at 9.25. At Friday afternoon Wale n. Balt Grain St 26 is Federal Grain 48.00 Western Grain at Asu at ,06 a Minet and Oil b. M. Synd. 6h 47 38v 4514 614 38% iia 39a 4va 6 a 5 a 45 30 8 37. 42a 18a 23 18 j 8514a i 10 Toronto industrials binsham., Ltd brew. Corp open High Clos brew. Corp. Pad. Burlington. Steel can. Bud. Brew. . Canners Canada bread Canada dredging can. Vinegars can. Gen. Elec. Canadian Oil cons. Bakeries Consumers Gas Dom. Stores equitable life Fanny Farmer Ford of Canada. George Weston Goodyear of can Gypsum l., a. Hiram w. Com. Hiram w. Pad. Kelvin Tor of a. Laura Secord Loblaw Loblaw a Maple Leaf Moore corp. Pante photo engravers. Rogers Majestic stand. Paving super test Pete Toronto Mage. Walkerville United steel West. . Flour. 110 .13% a is 221 13 la 17 25 22 221t 121ib is in 42 i 12-% 12% 27 a 2613 5 44 i Boob of in 110 2114 13% 26a 200b 18 17 4. 25 22v j2 20 a 123 i 12v 27v 28 120a 35.1 00a Bailor Gold mine.01 i3eresford Lake. .18 Botjo .09 truce con. V c. A e. Core. Callinan Klin Canadian Rand. Central alan.04 cons. cry Conan Gold mines 31ckstone copper.01 Dickson Oil. .20 flin flon. Gold gods Lake of Gold Lake .01 great Falls m s.02 Gunnar Gold .45 Surney land Jowsey Island. Knee Lake .00% Marvel Mon. G. M. A. Normandy mines. Oro Grande Jine Lake. Hice A. Mitt. Sii Chigo 6.2s san Antonio Scattergood Scotia Gold Sherri it Gordon j-12 Star Sunbeam Wallace Wingold Winnipeg River tin. .93 a j .02 .01 Exchange Bates at Montreal Pound buying. 4.13, Selling 4.47 . Dlr. Buying Selling 1.11 franc 2.45vi. At new York Pound can. Dlr. Franc at Paris closed. In Gold closed. Canadian Bank stocks James Richardson sons Commerce can. National Dominion Imperial Montreal Nova Scotia Royal open his i k.7 68 208b 312b 167 a Toronto Stock averages Melady. Sellers co. Ltd 20 industrials 20 folds 10 base metals 15 Western oils total sales up .91 115.91, up .31 85.07, d n .35 29.13, d n j4, Coal mines merged. Lethbridge dec. 2. R merger of the Hillcrest Collieta acid the Mohawk mine in Crow t nest pass is announced today. Miners working in the two coir panics appealed to the minister o labor to prevent Union of the to w mines but the Deal was put through one boat carrying Els of wheat cleared from the make head ports on Friday. Leadership sir Samuel Cunard born in Halifax in 1787, sir Samuel cd flare was Tae founder of the Cunard steamship line and the Pioneer of navigation. His Wanthe dream of a Ocean a termed it Winst Coopet ated ships crossing with tie regularity of railway tai0 dream was exactly 100 the formation of brith and Hortn american mail Sloam packet tha next . Britannia arrived in Halifax july 16ln, 1b4o, combating bar Maiden voyage. Undertakings is greatly lessened by the up to Date facilities of modern Banks. In Over one Hundred years we have had experience with almost every conceivable Type of business problem. We Welcome opportunities to place this experience at your coast to coast in Canada Newfoundland Jamaica Cuba Rico Republic new York Chicago Boston bnclaot., ;