Winnipeg Free Press

Winnipeg Free Press (Newspaper) - January 11, 1940, Winnipeg, Manitoba Jul assails y Trade pact foes Winnipeg free press thursday january 11, 1940, Page eleven by f suite Cordell Hull of state Cordell Hull defended his reciprocal men is programme today Only policy of International relations that can prevent . Tariff action on wheat expected Only in emergency reversion to economic chaos recurrent wars. Scrupulous dictatorship and recurrent to what he called in critics of the programme he replied that it was the Way of advancing Domestic Prosperity and promoting world peace. He cautioned that abandonment it now would mean a repetition of America s role after world War when he said the United states led the procession of destructive protectionism. Hull read n prepared statement to the House and Means com begun hearings today Mittee w. On a Bill that would extend the Trade programme act for three years. The present act expires on june 12. Associated Gas seeks reorganization new York. Jan. 11. A associated Gas and electric com Pany top Horlin unit in the associated Gas Utility system filed application to organize in Federal court at Utica . Today the biggest Power com Bine to seek Protection of the bankruptcy courts since the col lapse of the Insull Utility Empire in the company controls electricity Gas. Water transportation and other Public service concerns in new York. Pennsylvania. New Jersey Virginia. South Carolina Georgia and Florida and has two operating units in the philippine islands. Forcing the top unit of the sys tem into the courts was the matter of sack of Cash to meet a interest payment on outstanding Bonds officials said. The company has outstanding of 4m. Per cent. 1949. debentures maturing interest amounting to the United states Tariff cords is Lon has concluded its hearings1 under Section 22 of the agricultural adjustment act to determine Vetner an import quota should be it for wheat and wheat products at the hearing officials explained hat their request for an import quota was a precautionary measure and that it would be applied Only f the spread Between american my Canadian Grain prices becomes o great As to make it profitable for Canada to ship into the United states. James Richardson sons says in discussing the u. S. Tariff hearings Section 22 of the act directs the Ariff commission to investigate and determine whether import quotas should be set if it is found that these products Are being imported in such condition and sufficient quantities is to Render ineffective or interfere with agricultural programmes. The United states government for in stance might be aiming at raising wheat prices to some parity level f to achieve this purpose it granted Loans paid an Export subsidy or ave other assistance then it could lot permit imports to nullify these various acts. The paradoxical situation might be reached for example where wheat was being taken out of commercial channels through a loan and at the same time additional supplies were being brought in from abroad. Point of Issue the Point at Issue in this investigation is not whether present United. States agricultural Legisla Tion is in the Best interests of the United states people. There Are Many who consider such devices As Loans parity payments and Export subsidies essentially unsound. The Tariff commission has Only to enquire whether imports from Canada would interfere with the legislation now in existence. Broadly speaking the decision As to the need for an import quota would seem to turn on the question of whether there is Likely to be sufficient wheat in the United states to meet Domestic requirements. If sufficient wheat is in sight then the commission might Well decide that imports would interfere with the Domestic pro gramme. If sufficient wheat is not in sight imports Are Likely to be permitted up to required amounts. During the last four weeks the spread Between Canadian and United states wheat prices has narrowed so that Canadian prices Are now about 6 to 10 cents Bushel away from an import basis after paying 12 cents Bushel nines s b 9 Bate s262.400 was payable on these Bonds next monday. Bonds decline new York. Jan. 11. Of asocial de Gas and electric co on the curb dropped 6 to 8 Points today in the Wake of a petition for reorganization for the company filed late wednesday. Coke production Best in ten years Ottawa Jan. 11. Coke production in november 1939. Howey Gold mines limited red Lake onto reports production for the there months ended dec. 31 to talled from tons milled. Operating profits before taxes and write offs amounted to s100.100 for the period. Total re covery for the year 1939 was 22s from tons milled com pared with from tons in 1939. Operating profit in 1939 before taxes and write offs was compared with in 1938. Propose Winnipeg head office for seed men Saskatoon Jan. 10. Suggestion that the head office of the Canadian seed growers association be moved from Ottawa to Winnipeg was made at the an Nual meeting of the c.s.g.a., Saskatchewan Branch Here. It was pointed out that Winnipeg would be a More Central location for the head office which has to Dea with growers in every province no action was taken. J. S. Thomson Calls for rebirth of league idea by w. J. Mather Saskatoon Jan. 11. Cape to some idea for a federation of the nations of Man kind must be the Hope for what is to come out of the War presi Dent j. S. Thomson University of Saskatchewan declared at the an Nual banquet of the Saskatchewan Field husbandry association at Saskatoon wednesday. Partisan politics he considered the main cause of the failure of the first league. He urged the need of an educated Public opinion to sustain the idea. People saw examples for such a league in such federations As the United states and Canada but the British Commonwealth of nations was a More inspiring example. With More than half the certified and registered seed of cereals and the same inspected forage crop seed Saskatchewan occupied an important position in Canada s production of pure seed t. W. L. Burke District supervisor of the Federal plants products Divi Sion told members of the association. Half of the certified wheat in Saskatchewan this year was Apex he reported. Renown and Regent cheats also show esd an in but Thatcher a Large reduction. J visitors showed keen interest in the air plane photographs j now be no ised to prepare an j economic classification of Saskatchewan s ands. These photographs permit he work to go Forward three times As rapidly As was before possible and work on the South Central area s completed. The Royal Canadian air Force photographed Over Square Milec showing in Relief each Ridge and hollow. Further work has been done by a private com Pany s planes. War front Home front London quotations London Jan. 11. Stock closings in Sterling Babcock and Wilcox 43s boots drug 39s 9d celanese corp. Of am., fit a cent. Mining Consol. Gold Fields 49s 4vjd Cour Gaulds 36s Crown. East Geduld tons the highest total i . 25s 3d London Midland for any month in the past 10 years the Dominion Bureau of statistics reported today. October production totalled tons and november 1938. 179.473. Coal production totalled ions compared with in october and in november 1938. November. 1939, Coal imports amounted to 1.947.631 tons com pared with 1.674.377 in november. 1938, while exports totalled tons compared with in november. 1938. Bond quotations . Ciment dealers of Canada january 11. Municipals cite of k do mar. 1. 1942 id. 101 104 4. . Oct. 1. Cal. 95 28 arc Arr water Hist t . May 1. 1332 Chi Loo lab industrials Abi Tibi Power paper 5 . June 1. 1953. S4 68 Beauha Mois corp i . Jan. 1. 197s id. 99 102 co 51 . April 1, 1946. 55v2 vote Canary Power co. Ltd . For. 1. 1950 Cal i. 106% Cornea co . Nov. 1. 1351 ice. 102 Loo Canada steamships 5 . Jan. 1037 Ici. 90 93 can Pacific 3 oct. 1. 1045 ice la ivs a feb. Is. 1051 c 83 consolidated paper co s a . July 2. 1861. 60va m i pc Sci Al Grain co h . Auk. 1. 9gvi 101 Gateau Power co 5 be june 1 1949 Ici. 103 107 . Apr. 1. Cd. Ido a gvp., Lime lab 5 l . Mar. 1. 1948 ice. Lolla Hydro electric e . Apr 1. 1944 i Cal. A 88 co. Ltd 4 4 . Mar. 1. 1954 Ici. 93 Flo Minn. Ontario paper 8 Macelaron Quebec Power . May 15. 1959 ice Shawinigan water i . Apr. 1. Id 102 Ltd. Grain growers Ltd . Jan. 2, of Wpc. Ericc. Niy. 5 . Jan. 2. 1905. Unlisted mines James Richardson sons january 11. Bid. 20 Metal Box 77s id mex. Eagle 6s Lovid mining Trust 2s Rand 9-16 Springs 27s 2vi . Consols British 3% . War loan 11-16 British funding 4s, 1960-90. More about livestock markets continued from Page 10 her sessions this week and in sym Pathy with the lower trend in the South bids locally Are being placed on an easier basis with relatively Lew transactions being registered above the Mark. There is a rather Sticky Trade for weighty steers to the narrow outlet on outside account and the present strength of the Market is being uncovered for useful Butcher weight cattle of value to sell within the intermediate Price bracket. The calf Market is maintaining exceptionally Good strength Best hand weight dealers earning up to 510.50 with the balance of the calves Saleable largely from to the hog Market was reported lore or less in line with earlier sessions this week Bacons holding on a fed and watered basis sows being priced from 0 and feeder hogs in quite Rong demand up to there was very Little doing on be sheep and Lamb Market in View 1 the scant nature of the receipts and the Trade was reported in hanged with Good lambs quoted p to outside markets cattle 150 held oyers. Largest business done for season at coast Vancouver ., Jan. Ii. Spe Cial increased interest on the part of overseas buyers which developed at opening of this week culminated wednesday with the. Largest business of any single Day this season with Over a million bushels of wheat sold. The United kingdom was the principal buyer while 500 tons of wheat space for Italy was done at a record High of . Funds prepaid. This is for transhipment to Switzerland. All business done wednesday was reported for Janu Ary loading and reliable sources indicate about bushels for february loading. There were no loadings Here wednesday while elevators took in bushels to put total stocks up to bushels including wheat Oats and Barley. In terminals there Are 139 cars and in transit on Divisions 121 cars. Jakes Heads Vancouver Exchange Vancouver Jan. 11. E. E. Jukes president of the Gold Belt mining company limited and head of the Vancouver brokerage firm which bears his name was re elected president of Vancouver Stock Exchange at the annual meet Rig last night. It was the fifth time or. Jukes has been president of the Exchange since its inception in 1907. Produce Market prices of butter and eggs until further notice will be those supplied the free press by the Secretary of the advisory committee of the Dairy manufacturers association. Butler Creamery .2fl prices according to Dominion govern ment grading wholesale to shippers. De liveries Winnipeg cases returned. A Grade Large dozen.17 a Grade medium dozen. .15 pullets dozen .13 a Grade dozen. ,14. A Crade. Per dozen .12 poultry dressed . Winnipeg a chickens Over 5 ibs. Per Ita. Chickens. 4 to 5 ibs. Per la chickens under 4 ibs fowl Over 5 la. Fowl. 4 to 5 ibs. Per la. Fowl under 4 ibs. Per la. Roosters All weights la. Geese la. Ducks la general von commander of the German fighting forces on the Western front is show with aides inspecting an anti tank gun Battery somewhere behind Siegfried line. Von Brauchitsch is in Centre wearing the Iron Cross at the neck of his tunic. Memories of the last he served As an officer in the British Navy must have Corne to the King As he visited warships based at Plymouth England. The Sailor King is seen inspecting one of his destroyers. 16-17c 13-150 ll-14e 13-uc 9-i3e 8-llc 9-10c 11-120 by Grade 2c less than Grade 5c less than turkeys Ita., Ita. Per la. Old hens la. Per la. old Toms la. Per la. in. Vegetables local Man. Green onions Doz. Turnips cwt.75 Albany River old area Argosy Nerber Larder car Laren Coin like Continental Kirk. nos flin flon Hall nor Hiawatha Hudson Patricia Hutchison Lake Kaw Crow Patricia or ricin Lake Durm it Lake Geneva Lake Lakeside Kirkland Magnet con Magnet Lake Marc arc t Martin Bird match Canadian Moffat Hall new Mother Lone Lac nexus Gold National Malartic Tow now rib ago Oklund o Leary Malartic of Pivniska inc Rouyn prop. Mines Quebec Manitou Rand Malartic Sachiko River Sheldon Lar Elfr maps Siscoe exit non Springer Stu Rajcon Sunbeam Kirkand Thomson Lundmark Union mining Val d or mines to cells Lone Lac Wesley Gold mines West Rod Lake Wingold a Iviria of Woco Gold mines Davidson 775 10 9 21 80 17 10 5 4 ask. 22 4 Sib 4 1 12 i a 8 800 15 Iii 10 23 4 83 19 11 12 3 5 a 20 183 19m 15 800 5 73i 2 11 17 21 if 2 2 of i 4 i 11 2b 10 198 21 1c 875 5 ii 81 3 13 18 23 i t 65 3 3 13 5 Fox prices lower Montreal Jan. 11. Cana flan fair auction sales reported a of is reported by Canadia Pacific railway company in traffic earnings of for wee erased Jan. 7, compared with s2 126.000 in the corresponding Perio of 1933. Lie Loo 12o me 12e Loo 7e .20 Man. Cabbage cwt. 2.50 potatoes 100 ibs. 1.10 beets la. .01 Manitoba onions 50-lb. Bag.50 imported California Green peas hamper.3.25 California Beans hamper 3.25 California Brocoli Case 4.10 Sweet potatoes lb.05 mexican tomatoes Case .3.00 California head lettuce Case. 3.00 California Green peppers. Id.18 California Parsley dozen.50 Calif. Brussels sprouts 25-lb. Hamp. 2.40 California cauliflower Case. 1.75 California radishes Doz.50 California spinach hamper. 1.10 Celery Case 2.10 California celery Case arly sales. Wednesday s Trade closed and 25c lower on cows with steers and heifers ruling a Shade easier. Top i Tiht steers at butchers rang no to s7.60. With up to 7.75. Hog receipts 60 Bacons sold wed a slav at trucks. Not Suft ent sheep and lambs on to is Losha cattle Market eak to 25c lower. Steers quotable s7.50 o s8. Cows to and bulls from c.25 to 56.75. Three cars of canadians cattle Market generally Eady. No canadians on offer. Livestock quotations Union Slock Sards is. Boniface Man., steers up Good medium Ommon steers Orer ibs. Choice Lood medium Choice Good common. Fed Rood Indium Good a medium common canners and cutlers Good common Slocker and feeder steer Ood medium common. Stock be of medium common milkers and sir Iscra veal Good and Choice common and medium. Select Bacon Barcori butchers. Heavy extra lights and feeders sows no. 1 sows no. 2. Roughs. Stags 57.00 s.50 5.50 4.75 li.50 5.50 4.75 6.75 5.75 5.00 4.50 8.00 7.00 6.00 4.75 4.00 3.50 2.75 4.75 3.75 5.so 4.75 4.00 450 4.00 3.50 40.00. 9.00 5.00 4.50 7.25 6.75 6.25 5.00 7.00 6.50 5.50 4.75 s.50 Argentine prices steady wednesday Broomhall special to free press Buenos Aires Jan. 11. Wheat was cent higher to unchanged at the close of trading at wednes Day s session with february at 64% and March at Corn declined 1 to cent and january closed at 50% and february at 51ja. Flax showed slight gains of it to is cent. February closing at and March the partial heat wave now visit ing the Argentine is evaporating the surface moisture. Rains Are to maintain present Corn prospects. The heat wave however still appears to be a negligible fac Tor in the Market. Small lots flour delivered to dealers sex elevators or consignment stocks Maple Leaf five hoses i purity Royal household Robin Hood Quaker Manitoba and Saskatchewan and Alberta sack 98 3.10 two 49-lb. Sacks 3.1714 rolled Oats Small lots to dealers. 30-lb. Sack. 3.20 retail Price to Consumers 15c extra Ahlf cd Man. sask. Bran ton 24.00 shorts ton.25.00 Alberta Carlots bran ton. 22.50 shorts ton. 23.50 macs 3reen and Green Frozen .09 Kidskin Green and Green Frozen. .10 Calfskin Green and Green Frozen. .11 dry hides. .10 horse hides. Large 3.00 horse hides. Medium. 2.3u horse rides. Small and ponies. 1.00-1.50 Horsehair Tail .38 .40 mane .12 .14 sheepskin each.25 .50 Seneca Root lb.45 ,5u fleece Wool lb.16 .18 holdings according to a. London report the u. S. Secret service has received information indicating Alfred frauenfeld above an austrian nazi has been named to succeed Fritz Kulm As Leader of the Ger Man american bund. Kuhn is in sing sing prison serving a sen tence for embezzlement. Grain inspection when l cars inspected january 30. 1940 Spring Man. Hard 1, 1 Man nor 122, 2 Man. Nor. 57, 3 Man. Nor 17, 4 Man nor. 7. No. 5 4 special 1 smutty 4, Tough 4g. No. 1 Garnet 26. No. 2 Garnet 29. No. 3 Garnet 8, Tough Garnet 22, 2 am. Durum 1. 3 am. Durum 3. 1 mixed wheat 1 total cars wheat 345 last year 261 cars of contract wheat 260. Coarse grains . 1. 2 . 27. Sex. 3 . 15, 3 . 1. Sex. 1 leed 1, 1 feed 4. 2 feed 3, Tough 12 total cars 62 last year 22. No. 2 . 8, grow no 3 sex. . 8. 2 feed 3. Tough 8 total cars 27 last year 43. Cars last year 0. . 1, Tough 1 total cars 2 last year i. Mixed grains 0 last year 1. Corn 2 last year a. Grand total ears 438 last year 328. Movement by 162, . 217. . 59. Butter cold Ottawa Jan. Storage 11. Up Creamery butter held in cold storage and weather reports issued by the meteorological service Canada temperatures High Low wed. Thur. Free. 1 46 35 43 30 flight Lieut. Donald Robert Mil Ler is second in. Command of flight of the All Canadian Squadron serve his resources a As Canadian commercial artist i Saskatoon to nearly two Dairy factories in Canada january 1 a w amounted to pounds compared months before he was called he with a month before and lived on one meal a Day to. Con january 1, 1939, the Dominion Bureau of statistics reported thursday. Dairy butter holdings totalled pounds compared with and pounds. Canadian cheese holdings excluding pro Cess and cottage cheese amounted to porn Der compared with and pounds. Conquerors of the Admiral Graf Spee sailors from the British Cruiser Ajax one of three British warships which drove the German pocket Battle ship into Montevideo Are shown in the Bottom picture As they toured the City a smiling Happy company. They re proud of their Marks Manship. The upper picture shows the Alax at Montevideo. No great damage is shown to the Cruiser which reached the great port on the la Plata River Jan. 4. From Rio Ide Janeiro came word today that the German freighter san Paulo loaded with Cotton sailed from Labedelle Mon Day joining one other German ship attempting to run the British blockade. Cab edello is at the East Ern tip Brazil. The Bah la left Bahia Brazil last saturday and now is unreported. The Ger Man freighter Rio Grande which left Grande do sol the same Day went Back to port last Sun Day reporting engine damage. But brazilian naval planes reported the British Cruiser Alax was off Rio Grande do sul about the same time. There Are 14 other German ships besides the Kio Grande in brazilian ports. 4.50 5.00 4.25 3.75 65.ug 10.50 8.50 6.50 7 60 Good Handy Wisht Good heavies Conj on Bucks heavies Good hand weight 1.00 head Prem 8.60 8.60 1.50 head dire. 7.60 8.75 8.75 g 50 5.50 5.50 4.00 3.00 8.00 s.50 8.00 3-00 4.00 2.00 9.00 6.50 5.50 5.50 4.50 Simpson. Smith Victoria Vancouver Kamloops Prince George Jasper Fairview Beaverlodge Mcmurray Edmonton Bacon situation Toronto Jan. 11. Agri cultural committee of the Ontario legislature decided today to in Vite Hon. J. G. Taggart chairman of the Federal wartime Bacon Board. To explain the Bacon situation in Canada. The committee also will invite representatives of Bacon producers and the packers. Montreal produce Montreal Jan. 11 quotations on the Canadian commodity Exchange. Thursday were spot butter que. 92 cheese unquoted. Large 23a. To arrive butter and cheese unquoted. Butter futures Jan. Feb., Lonrlon tin 30 21 21 13 19 11 18 is 18 8 4 16 0 3 0 3 0 6 10 2 17 21 20 17 31 21 56 20 26 17 7 6 .05 .05 .10 .20 .03 .62 .03 .11 i4 .01 02 foreign Exchange Jan. 11. Up British and foreign Exchange nominal rates Between Banks Only Belgium Belga .186v Ooola China h. K., dollars .2736 .0006d Finland Linmark .0209 unch France franc .024891 .000084d it. Britain pound.4.43-4.47 lunch u _ Torlia runee.3358 unch Kenova and Bainy South f Shiv win str Elf adv with Lucht Holland Florin .5921 .0004a Italy lire .0561 unch Japan yen .2609 unch m a for tar 11 spot ., Dollar 10-11 . Prem. Unch bid asked compiled by the Royal Bank bid asked. Of Canada Calgary 18 Lethbridge 34 Medicine hat. 15 Swift current 19 Moose jaw 21 Battleford i Prince Albert 13 Regina 23 Minnedosa 15 Winnipeg 22 the Pas is Sioux Lookout 19 port Arthur 23 White River 23 Parry sound 29 Chicago 32 Duluth 21 los Angeles go s. S. Marie. 31 St. Paul 26 Banff 25 red Deer 18 Saskatoon. S Broadview. 21 Rivers. 17 Brandon. 18 Kenora 15 la .03 synopsis of weather conditions the weather has been moderately cold in the Prairie provinces with Light Snow occurring in a few districts. In Ontario it has become Milder with Light Snow Falls or flurries. Forecasts winds mostly fair and moderately cold today arid Friday Cloudy and moderately cold tonight and Friday with Snow curries. Cloudy with Snow tur Ries today and Friday moderately cold in North and Central portions. Peace River Cloudy to Dav and Friday with Snow flurries not much change in temperature. Kenova and Rainy Erly to Westerly winds Cloudy with Light Snow somewhat colder tonight. For Lav. Mostly fair and moderately cold. Lake Superior fresh southerly to Westerly winds Cloudy with occasional Snow somewhat colder tonight in West Ern portion. Friday fresh northwesterly winds partly Cloudy and moderately cold with Snow flurries. Durance of full italian and Hun Garian support against any russian attack on Bessarabia the former russian province she gained after the last War. Italy was understood to have a similar plan for settling differences Between Rumania and Bulgaria who desires return of the Dobrija District. Reports from Belgrade said that Italy was trying to draw Yugoslavia also into Ber front against possible russian expansion into Southeast Europe. Members of Gyro club heard an address on Oil by a. Wray Jones assistant sales Man Ager of the Mccoll Frontenac Oil company at their lunch meeting in the Hoyal Alex for unimaginative persons who never can count sheep when wooing sleep professor Oakes has invented a mechanical sheep counter which at any Given Fame will give you the Correct count As the sheep pass in review on a revolving wheel. R mania opens door Bucharest Jan 11. Italian and hungarian f a reign my Ian officials asserted last night that Rumania was ready to Settle Long standing differences with Hungary but ceding of this country s territory was out of the question the feeling grew among foreign diplomats however that King Carol revision after the present War might yield soon to an italian backed plan for settlement Budapest reports said that the Sisters count Ciano and count Csaky in their meetings at Venice last week end worked out a pro gramme under which Hungary would give up claims to Transylvania for the present in return for rumanian Promise of territorial Andra hotel thursday. E. M. Tay Lor presided. Wing commander a. H. Hull .a.f, Western air command Vancouver is a guest at the fort Garry hotel. _ notice to creditors in the matter of few cell Gowler Taylor. Late or City of inn Lucr. In the province of Manitoba one of Hie of the court of Kunf l Bench for Manitoba All claims against the above it Tate duly verified by statutory declaration must be sent to the office of messes. Col will Newman. Portage a Prairie. Man., on or before the sixth Day or february. , 1940. Dated at the City of Portage Prairie in Manitoba this ninth Day of Colwill is Newman. Solicitors for Mabel Agnes Taylor and James Hoy Coli in executors. Prices for 25 of. Bottles Range from to Seagram s famous brands Seagram s Seagram s Seagram s King s plate Seagram s "83" in payment for that Promise which would be guaranteed b Italy Rumania would receive As ent a Tabor control commission. Cora. Naft As to Quality a products birr ;