Winnipeg Free Press

Winnipeg Free Press (Newspaper) - January 11, 1940, Winnipeg, Manitoba Page ten Winnipeg free press thursday january 11, 1940 livestock produce stocks Bonds Industry Early gains Are erased Grain Exchange Winnipeg Jim. 11. Karly gains of around a Cen in Winnipeg wheat prices we erased in 1he at Trade thursday when weakness Chicago induced Selling which found support thin. Earlier the Trade a Good Seaboard de Mand in connection with sales estimated As High bushels and Given the Market a firm undertone. The Export solos were reported both the United kingdom an Neutral countries and include Good purchases by Scandinavia countries with Norway taken about bushels of on Northern. Export sales for the two Days were estimated arum bushels. Final quotations were be to 1 m a Lowe with the it there was no particular feature to United states weather conditions although the map disclosed fail moisture in sections of the Belt some cloudiness was predicted in the forecast taut no important precipitation was indicated. The Security Market however showed some weakness in the late trend a which appeared to be reflected in Southern markets which broke rather sharply under Stop loss sell ing. Local prices had quite a firm tone in the Early dealings with the Large Export sales on wednesday a constructive Factor in the Trade. Fur ther buying by exporters was also in evidence in the Early stages with offerings being Well absorbed and some Southern support coming into Market in connection with inter Market spreading with Chicago. Some commission House demand was also stimulated at this stage and Mills made purchases in connection with Domestic business but later Longs turned to the Selling Side when Southern markets slipped and Chicago houses were also credited with liquidation in the last hour. Buenos Aires gave a much better display with opening prices is cent higher and gains extended it noon to cent to cents. The stronger Lone of the Argentine Market was attributed to Export demand and it was believed that sales of Argentine wheat had been made in the general Broad scale buying on wednesday. It was noted that Argentine wheat shipments for the week were expected to be in Good volume with 000 bushels forecaster shipped. This compared with 737.000 bushels for the previous week and bushels last year. Private reports placed Uhi Terl Winnipeg Jan. Open May july 38% act. 89% May 40% july 38% oct. 33 May july May 107 july 195 oct. May july 77 High 88 89 8 39 Esb 38% b 52 Low 85% Novi 1 52 close 87a 88% 40 b Prev. Close 87-% b 88-a 40% 38% 38 52-b l 195b 77% b 77% a 7.0% a last year 62% 63 28% 28% 38% 154% 42% 43 regulated open May 102% @v4 july 89% sept 98% May july 58% sept 58% May 40% july sept Vlay uly sept Chicago Low. 7214 71 72 High a 02% 89% 58% 58% 50% 40% 35% 33% 73% 72 72 87 9.8% 58 58% 40% 35 32% 68% close 86% 38% v. 40% 32% a 70% a close 58% 40vhr ,35b 33 72% 71% Minneapolis close 88 u. Open High Low y 99% 100% 98 y -99v4 Loovis 97% to. 91 it 97w 97% 97% Minneapolis Cash wheat close 1 dark nor., 58-80 ibs., 14% protein. Prev. Close 89% 98 98% a Jan. 10 103% Winnipeg privileges closing daily Winnipeg Privi Ges thursday january 11 bids. Offers. 84% 87% 85% kingdom purchases of wheat from Canada Australia and the Argen Tine As High As bushels with bushels taken from Australia. Some Chicago observers were inclined to take a Bear ish View of the commitments As indicating that the . Demand would be satisfied for the time be ing while others believed that the commitments indicated a Long War and had bullish implications. Large Cash wheat sales Are reported Cash wheat Trade was featured by the first Lai go transactions for the opening of navigation. It was reported that approximately 000 bushels had been acquired and Lake freight tonnage fixed for shipment in the Spring. Three and four Northern were mentioned As figuring largely in the trades although shippers and exporters were after five wheat and one and two Garnet. Some Trade for the opening was reported in three Northern at 4 under the May while transactions in four North Canada s overseas Export Clear aces of wheat and imports into in United states for consumption and milling in Bond totalled b bushels in the week ended Jan. 5, compared with bushels for the corresponding week of 1939, the Dominion Bureau of Statis tics reported. Canadian wheat in store As at Jan. 5 amounted to bushels compared with bushels the previous week and bushels the correspond ing week of 1839. Canadian wheat in the United states totalled bushels compared with bushels last week and bushels for the same Date last bought Canadian and much of. This has already been shipped British streamers will be provided to transport the new purchases. The Argentine is reported to have sold wheat far Export mesday and thursday. To a a nor. Per. Pad. 1071 con. Steam. Com. 5a.i can steam. Can. Ind. Ale. A can. Ind. Ale. 3b can. Bronze com. 4314 can. Bronze pad. Lobb can. Celan. Com. can. Celan. Can. Converters 18 can Pacific Ray. Con. Man. Salt. 48 15100 300 1690 7200 2800 to 11 a .11v, my 2omm. Pete comm Oil 28 30 b flu 17s 28 3sa 1 7200 Dalhousie o. 50b Daviee Pete Deni Eori dome Dora. Sis. East Resl Kast Malar. Eldorado Oil Al Bride. Federal Farmland Foothills foundation Francoeur Gillies Lake Glenora god s Lake. Goldate Gold Eagle. Golden Gate Good Flash Graham to. Grandora Gunnar Halcrow s. Hard Rock Harker Highwood. Hollinger 105 a .175 106 22b 425 4 5 87 lob 61 63 19b 23 21 5vbb b2 81 2 a 133 132 a i7b 19 .10a a 20 7370 5 105 1 42s 4, in tin 3 in. 87 3 a 7 1 63 22a in. 1 1soo .1800 2000 Isoo 1000 1500 2000 100 a 1000 Home Oil. 286 3bo Homestead Howe . Vey w. A the Bonds annual interest owing on for which payment could be claimed in u. S. Funds is 760, but interest on Bonds held by the province itself reduces this figures by int. Nickel j. M. Com. Jacolyn Jellicoe Kerr add. Kirk. . Kirk. Lake Kirk. Town. Lake Shore Lanique g. 71.0b i 3814 33 32% 43v4 i 292 250 22b 149 147 lib 31 a 31. A 21 1 2n i 2% in. Cd 1 2% a 132 2 s in. 20a 15 in. 280 4 b i la 5a 280 Tia 147 2 2000 1900 730 4500 480 2800 100 8100 ibs 1-30 cock Hull plow 3om. Bridge 3om. Glass com. 3om. Steel Dom. Tex com. Dom. Tex. Pad Dryden Eastern dairies electro Lux found. Co. Of a. Gat. Per com. In. St. Com Quad Ili co. Gypsum l. I a. Hamilton Bridge Imp. Tobacco int. Nickel int. Pow. Eom. Int. Pow. Pad. Lake of Woods . Harris com. M. Harrl i Pitt. Mont. Povier Mccoll front. Nat. Brew. Com. Nat. Brew. Nat. Steel Cir Ogilvis com. Pen ens com. Power corp in 123b is in 155b 15 11 10 16 43 a a 20 sol 10 a 10 new defend Trade pad Washington Jan. 11. The new Deal marshals defense of the recipe Root a agreements act which renewal at this session an important argument o be preparing is the the Trade agreement in the four years which q and the . Have traded m cipro Al basis it is the Only major under the act was the recent of norwegian Fox furs resulting from the Low import duty and the Clos ii Pean markets following break of War. This was regulated last with a supplementary 4 Between the . Canow. _. Established a quota on furs fam cd into the . W the smooth working of an ment Between two country pc Trade with each Oiler is that of any other two tries in Hie world is held to telling argument. Observed killing of the Reck Trade programme would j Trade relations the-1 stale is first and second baft Lomers which Are the Dom and Canada rest additional that Deal will make in the Trade policy Are the need of ing America s International routes open during the War 1 increasing american in fluff the drive for peace and thei Ance of maintaining Arity in the Western c 0 w s 3 ii u d if 9 8 15% 45 5 0v, Ito Lilli 4fi 5 Blaa 58 31 381 811 33 Roii u 17 5% 10 23v4 Sherwin Wllliam Smith. Howard 21% steel of can. Com. 81 s. Can. Per. Pm. 14 s. Can. Per. Pad. 109 Quebec Power St. Law. Cup. Pm St Jiw cup. I. Shawinigan Rev 33 17 5 a 10 37 a a 21 is twin City War. Elec. Com. We. A acc pad. West. Grocer Al pm. 2% 21 economic and fare a constant menace Henry f. Grady assistant of suite said recently. Canadian import Creast a in 1936, Befort the first agreement effective to in a gain of 37 per cent. Second Best importer ., Canada is the largest to that country statistics cd the slate department it in the agreement with Canad Amade with any member of Ith Empire paved the Way Ftfe agreement with the uni i Dom three years Winnipeg a Lapa cad. Lencl Oro Leitch g. Little Macasta in 1% so 320 450 445 83 Montreal curb Osier Hammond Manlon Abi Tibi com. Alt Obj Asbestos Bathurst a. Beau. Per. Bou Cadillac dust. B. A. Oil b. C. Packers can. Brew. Can. B. Pad. Can. Dredge can. Malt. Can. Vict. Can. V. Pad. Canadian wineries cons. Paper can. Distillers Seagram. Dom. Engineering Dominion tar open High Low close 2 in May 26 26 16 25 a 3 a 23% 23% 2 s 25 a 23 a Iso 26 27b 37a 6b 26 u 7% 33b 24% 3gb 180 175 160 36 25 7a ,33a 24 40a 12b Mac cod a. 234 mad. K. A. Malar. Gold. Mandy m. And e. Mara go h be Mcd. Segur. 13b Mclntyre p. Mck. R. A. 47 144 Mcvittie Mcwatters mining up. Model Oil Monarch Moneta Morris. Murphy Nat. Pete Nabob new foe Nipis sync Noranda Nordon up. Normetal 320 5 450 -1 5 232 232 3 55 a 98 a 95 97 a of 2% 4550 s14 5100 1500 2800 13 a 3% 15a 148 -1 45 130 .14a Ina so 1 5% 8 19 3 20 Dominion tar pad. Dont Conna a. O Brien Oil select. Kalta. Omega Oro Plato Paralta amour por. 220 Pandora 4b paymaster 49 dividend grades no. 1 . 6-Row 51, no. 1 . Track 42 a. Row 51, no. 2 c 2-Row 52, no. 2 . 2-Rowva, no. 3 6-Row other grades no. 1 feed 48 y no. 2 feed 48, no., 3 feed 47. Track 51. 1 . No 2 no. 3 . 175. No. T . 170, track . V 2 another american observer says when the British buy bushels australian wheat at 74 cents in terms of United states funds and Between and bushels of Canadian wheat they plan a Long War and consider the Price Low Broomhall s figures show. That Canada has shipped overseas bushels in the past six weeks to All destinations of which much went to Holland. This includes fair quantities of flour. Until its record Export Purchase wednesday it has been six weeks since the British government wheat coarse grains wheat cars Gar loadings directors of associated dry goods corporation have declared a total of a share in dividends on the second preferred Stock on account of accumulations. Gold imports double in 1939 Washington Jan. 11. A department said today Gold imports into the United states in 1939 nearly doubled the previous High Mark. Last year s Gold imports were swollen by unprecedented be m c n t s of capital to the United states for Safe keeping. Donnaconna b. Dominion stores Fleet foreign Power Ford a. Fraser co. Fraser vat trusts Hiram Walker pm Hiram Walker pad. Home Oil Hydro elec. Imperial Oil int. Pete. Int. Utilities a Lake sulphate Melchers pad Price Bros. Com. Price Bros pad Quebec Gold Reliance Grain Robert Mitchell 8% 20b 21 19a 20 21 20 8-% 20% 8% 20% 2bfl 288 2b 15 22 Aib 21 a 74 38b 6b 18v4 a 43 a Pend Ore. 220 ferry in 199 Pickle Crow 415 Pioneer Gold 222 Powel Ryn. 205 Prairie Ryl. 4b Premier 142 Preston . 224 Reno 42h Robb Mont. A hoche l. I., s a Royality lib 45 130 27b 8b s3 5 1 a ii 29 i 3 32b 78 77 6b 53b ifi5 165 i 1 a 2 a 120 in 2b 21 a a 35b 6 a 220 3 a 49 1000 3000 3750 new York James Richardson sons High Low clone change air reduction 55% 54 Alleghany lud.1 21 11 it Allied And a. 174 173 173 tin. American can am. A and b. 50% Sovi am. T. And t. 172% 171v. Am. Tob. A Anaconda Copper atch. T. And s. F. Bendix . Bethlehem steel Boeing Al rpm. Co. Briggs mfg. Chrysler corp. Con. Edison Corn products Curtis Wright Cor. Douglas aircraft. Dupont 21v. 281. 80 a 24 a 21 a of a 31% 64 23 21 86% 31% 63% 89% i 23 21 1 1% 63 a Eastman Kodak. 163 80% 78% 2 183 181 Beaver fire Ini beak or lumber pad Sciver lumber com. Can. Amer. Trust can. Firo. Inn. Can. Indemnity can. Invest fund Corr. Paper Box pad. Crescent cars Emory Ned. Dom. Of no. I car pad. Dom. End. Car. Com. Fca Cral Grain pad Federal Grain coir. Funda. Trust a fund. Trust big o. W saddlery pad. . Saddlery com grouped income Home 1s.oo 9b.08 .1.311 1r5 11900 5 00 1050 in tit 7 set 50 i so 4 7ft of of to re la c b of to re to n. To 19 54.00 s 00 20n Monarch life 10% Moo nor. Cun. Mib. Pad. 210 nor. Mtg. Part Puld. Northern trusts North Star Oil North blur Oil Reliance Grain pad Reliance Grain 3 1100 1000 64a 5 a 49 218 196 410 220 221 42 220 1 150 in. 410 5 205 in. 5a 142 in. 221 1 600 300 400 550 40 47% 30 i 47 53% i 19 23vi 23 5bva 74 74 37% 37v. 35 a 1153 33 1 15 21% Walkerville brew Lloa 21 a 74 Loa Ilia Toronto Stock averages Melady Sellers co. Ltd 20 industrials. 125.01, Down .92 30 golds 120.85, Down .30 10 base metals 87.48, Down .29 15 Western oils Down .24 total sales is Anthony san Antonio is s 2 1714 17 Sand River sen. Bolyn. Shawkey sheep Creek 116b shr. Gordon 112 Siscoe Sisla. Malartic 52 slave Lake. 6b Steep. Rock. In 233 13 50 no 4 i new York hide futures tames i Charlson sons Jan. 11. High Low close 14.70 15.28 14.94 14.84 15.44 14.33 15.17n 15.52 March june september december sales 260 lots. Straw l. B. Sturgeon a. 11 Sud. Easing. Inn Sud. Contact 5b Sullivan Fulli Sylvanita 335b Teck Hughes 410 Temlak. So Tex. C. O. 65 Toburn to wac. Uchel o. In. Oil up. Can. Ventures Walte a. W Endito Wilt. A Wood. C. Wal est h. 36a 17 233 50 1 110 92 in a ibs 500 2025 1900 3000 4boo 4000 3545 4875 53% 7 2.w 23vi 68% 31 84% 22v4 12 a 44% 45% 34% 48 86w 2 a 84% 85 20 a 52v. 0% 23 v. 17% 24 a 22% 5% 21% 45% b31i 12 i 44% 19 23 a a 37 35 v. Us. Urn. A h-4 5% in. 21 a a 12 25 a of 98 183 28 101 78 77 420 410 580 9% 2vab 22 21% 800 Iso 7a 35 340a 410 a 65 183 28 98 4 9a 77 420 580 9 i 3a 21 800 250 1200 Moo 5250 26 200 3000 b500 2475 Freeport Sulphur. General electric. General foods Cor general motors stood Eric Goodyear tire int. Harvester Johns Manville Kenne Colt cop. Low s inc. Mont. Ward Nash Kelv Nalor Nal. Biscuit. N. Y. Cent. B. B. Nor. Amer. . Owens ill. Glass Penn. R. A. Proctor Gamble Pullman co. Cup. Of am Republic steel Safeway stores Sears Roc. Simmons co. Socony vac. C. South p. A. Sperry corp. Stand. Oil n j Texas corp. Tex. Gulf Sulphur Timken a Lar. Brei Union Carbide Union Pacific Ltd. Aircraft United Coro. United fruit. . Rubber . Steel Western Union West Neihouse Wool Worth co. Sales 13 ., noon 240.000 1 320.000 2 total Exchange rates at buying 4.43, Selling 4.47 . Dollar buying 1.10, Selling 1.11 franc 2.49. At new can. Dollar franc 2.24 a. At i 178.625 for. . Dollar 43.80 Canadian Dollar 40.16 for. In Dollar fil.06 cents Canadian dlr. 55.06 cents. Rain growers. Western breweries Grain pad 85 i 43 a 37 a 25 i i tin. A 1 03 2-v. 40v4 40 a United Growen wednesday afternoon Central Osvi 6 a Soo at Orovil 500 .06k. At .01. Toronto industrials Ibi Cham Mccay Ltd ii thu so a. Clearings soar Winnipeg Bank clearings climbed Over in the week ended Jan. 11. Compared with the corresponding period of last year. Fig ures Are 1940, 1939, and for the same week in 1938 Ujj i Mil cup. Pad. 28 Bur Linclon steel can. Bud. News. Can. Canners Anada bread Canada j3redfilr. Can Van cars can. Gen. Elco. Canadian of Consumers cuts Domlin. Storchi Fluit Blu life Fanny Farmer fora of Canada George Pecten Goodyear of can Gyp Jilin i. K a. H. Walker com. H. Walker pad. Kelv Nalor of Secorro roblow a b Maple Leaf Moore corp. Pante Pec photo homers maj. Stand. Inv. Super t. P. Toronto Mage. Walker Llic in. Steel West. C. F. Open blah Low Iolj Wall Street hour by hour Thomson Mckinnon 165 79 coarse grains cars. Wheat deliveries this year be. R aug. 1 to Jan Argentine estimated shipments wheat Corn Oats wheat Corn Rye Barley i. Shipments since August i Black sea shipments 34s.ooo. 125.000 the indices supplied at intervals during All sessions of the new York Stock Exchange by Dow Jones company indicate the Market trend of the various 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 indices for thursday s session follow 30 industrials 20hailroads 20 utilities Calgary oils a. B. Flett co Corn Barley Oats Rye same time last year wheat Corn Barlev 20.200. Oats none Rye 1.931.000. There were no Grain clearances from South Hussian ports this past week. Previous close. 150.15 31.85 11.00 150.41 31.93 noon .v., 150.45 31.d3 1-00 150.24 31.81 2-00 148.96 31.70 close preliminary calculation 148.23 30 industrials 20 railroads 15 utilities 26 11 40 Bonds 90.39, up ,02. Wednesday s Range open High. Low 149.80 150.47 349.35 31.30 31.90 31.73 26.25 25.94 26.10 28.10 23.14 26.13 25.91 25.68 close 150.15 31.85 26.10 Alberta Pacific Brown. 17 British Dominion u Calmont c., and a corp. Commonwealth. Dalhousie East Crest foundation Foothills Home Oil Highwood Narcee Monarch. Model ii. Bid asked 41 215 28 50 is 3 Mcdougall Segur Nordon 18 m 20 10 34 120 Paralta Royality 34. Southwest Pete 41 Texas Canadian 65 United Oil 7 Vulcan 5i Montreal Copper Montreal Jan. 11. Copper electrolytic. 12.50 tin 62.25 Lead 5.50 Zinc 5.65 Antimony per 100, pounds . Mon Treal five ton lots. Dominion of Canada Bonds for Protection of principal of interest and highest degree of marketability there it no finer invest ment Dominion of Canada Bonds. . Limited business established 1889 True phone 92235 Toronto Monir of Van Courtr Neui Vork ;