Winnipeg Free Press

Winnipeg Free Press (Newspaper) - January 16, 1940, Winnipeg, Manitoba Page ten Winnipeg free press tuesday january 16, 1940 stocks Bonds Industry Winnipeg open May july Low Grain Exchange Winnipeg Jan. 16. Weakness in outside markets and More favourable reports on he United san pcs Winter wheat situation were reflected in Winnipeg wheat trading on tuesday with prices Drifting lower to finish to Down and the May at ski is. Export business was estimated in excess o bushels and included i rav Sjo of garnets worked to he United kingdom out of Tho Canadian Atlantic ports ant approximately 200.000 o Norway. Now York advices oct. May july oct. May july May july oct. May july oct. 38 36 52% via High 87% 89 a 40-b 39% 38vs-b 200 197% 78v4 77 36 is 52% 200 it 198 b 77 m. 35% a 199a 196% 77% a a close 87% 39 a 35 a 52% 51-b 196% a 192a 78vsb Prev. Close 87vab 89va-b 39 a 38-a 36vaa 52% Indian cd in Capori if around 750.00 however business bushels and reported another Eago of garnets for British account. A forecast of Snow Over much m inc United states Winter wheat Belt was the main bearish Factor in the Market and was reflected at Chi Cago which showed hesitation most of the session. The Market also received Little stimulation from the european situation with tension believed by observers to be easing in Neutral countries. Winnipeg trading was principally of a local character with Light com Mission House Selling coming out in the Early stages influenced by the break ii Chicago. Some Selling credited to Southern interests mostly in the july was believed to have been connected with inter Marke to operations with Chicago but offer Ings generally appeared unimportant. Mills wore riving modest support with a Little american Mill demand in evidence in the pit while moderate Purchase s were attributed to Seaboard account. Local spread ing appeared to be quite Active with the july being taken against sales of the october believed largely at 3 spread of cents. A break in Burros Aires prices retarding influence in the Trade with this Market opening a to t s cent Down and losses of to 1% cents registered at noon. The More favourable weather for the Corn crop has been reflected in the wheat Market and Export de according to advice from or. S. T. Whatley vice president of the Aetna life insurance company or. Ralph h. L Jroy. Who has been associated with the Winnipeg Agency Chicago May july sept. May july sept. May july sept. May july sept. Open 100 58% 59 is at so 34% 32v2 60% 68 68% High 100% 98% 97% 58% 58% 59 i 39% 34% 32 Vij 69% 69 68% Low 98 96% 96 57% 5g 58% 39v4 34% 32 or 68 a 67% close 58% 58% 34v4b 68b 68 i Minneapolis High open High Low close May d9v4 97% 97% july 98% 97vs sept. 96b Minneapolis Cash wheat close Jan. 16 no. 1 dark nor. 58-60 jbs., 14% protein. 97% 58% 58% 59 be 33% 34vib 32% 69l% 68% a Prev. Close 99b 97 Tib Jan. 15 Mckay Ltd c net Low close Cage. Sale 4b Balb 21b 25a . A. 18b 22a 34 100 Gold 5b 5 via can. .95 40 h. 237b 250a 14 14 380 a q. 250 245 250 8 220 Loa 23. 23 a 40 metals 27b 29a 6b 7a 108 260 a. 13 13 150 miss 12a 0 0 150 11 l 6 t. La i a Oil. 60 g2 1 900c Anh. 835b 860a Hill sex. 3v4a e. Cor. 211 210 210 600 Oil 41b 45a Malartic 77b g. 24gb Cas. Troth. 7qb 75a Pat. 250 250 40c pore. 11 10 the a 400c 92b 95a .50 30 hoc cop. Ibbs 200a 70b 72a 178 17fi 176 2 50c p. 28b 30n 32a 1 50 50 50c p. 27 27 7b 9a 20 2b% 20 Btl wheat quotations tuesday Ian. In Winnipeg close to cent lower. Chicago close to cent lower. Minneapolis close to cent lower. Buenos Aires previous close to cent lower. Open tuesday to cent Down. Noon to 1% cents Down. 3 p.m., 1% to 1 a cents Down. 4 p.m., 1% to 2 cents Down. Mand has been quiet with in creasing receipts of new crop. On tuesday Cloudy conditions were prevailing. Cash wheat was quiet with some demand in evidence from shipper Oming out in three and four nor Hern for the opening of Miv Iga Ion. A few trades were reported n three Northern and five wheat and a few cars of the lower grades vere taken on an All rail basis but he business appeared to be of i Small character. Coarse Grain Cash dealings were also pretty much in a rut with spreads on the higher grades of Oats showing an easier ene Dency. Offerings were a Little More Liberal than of late and after buyers had filled their require ments spreads slipped Oft Viz to cent. Demand for the Ontario Trade continued to show in the lower grades with a few sales reported n the extra one feeds and transact ions on a carlot basis. There was a better Export Industry showing n Barley with two . And three . Six Row in the wanted class by he Export Trade. Eastern interests were reported o be fair buyers of Oats in the of that company for a period of Over Twenty years in addition to completing the necessary qualification for the 1940 conference in half the allotted time has achieved the Unicie distinction of the leading producer of the whole Aetna life organization throughout United states and Canada for the year 1939, and is accordingly president of the leaders club for the year Grain pit while Millers also were doing some buying. Main demand for Barley came from exporters but the Quantity involved was said to be not Large. Early in the session some speculative demand for flax was shown but disappeared with the mid session weakness in wheat. The Rye Trade was of nominal proportions. Richardson established 1357 first 100 Sion enter your subscription of fat James Richardson 6 sons on request Winnipeg privileges closing Dally Winnipeg Phil eyes tuesday january 10 bids offer May 86 to 87 july 8s% a m United states weather forecast mostly Cloudy in Illinois Indiana Wisconsin Iowa Minnesota the Dakotas and Nebraska with Snow probable in All states. Some rain possible in Southern Illinois Anc not so cold in Illinois Indiana Anc Wisconsin. Colder elsewhere with cold wave in South Dakota Anc Nebraska. Kansas increasing cloudiness with occasional Light Snow and much colder. Missouri Cloudy with occasional Snow and much colder a few scattered loads of Canadian wheat was reported sold to ant Werp Belgium monday. A new York report credits scandinavian countries tuesday with Purchase of around bushels of Manitoba. Exporters in new York have confirmed the Sale late monday of two cargoes of Cana Dian Garnet wheat to the United kingdom for shipment out of at lactic in addition it is re ported that exporters recently Pur chased around bushels of Garnet wheat at Vancouver presumably in anticipation of a renewed demand from abroad. Of a a Kansas City report states that purchases of government loan wheat by elevators have also hampered country movement. No important precipitation was reported Over the United states Winter wheat Belt Early tuesday Illinois. Iowa Kansas Indiana Anc Missouri were Cloudy and Nebraska Oklahoma Texas. Tennes see and Louisiana a t Cash wheat spreads Cash wheat spreads were l changed on tuesday. Believe Russia negotiating for Manitoba Russia is showing an interest a Canadian wheat with private re ports indicating that the . May be in the Market for two to three million bushels. It is believed that this Grain would be shipped from Vancouver to Vladivostok. There was some suggestion that some business to Russia has Al ready been worked on wednesday As new York advices on tuesday said that bushels of Garnet wheat had recently been purchased at Vancouver by exporters. The acquisition of this Grain May Lave been in connection with rus Sian sales. Further color was Lent to reports of russian purchases by a Reuters despatch from London which said hat some attention had been aroused in the London freight mar get by confirmation of a report Fiat a vessel had been chartered for the movement of wheat from a Northern Pacific port to Vladivostok. The rate paid for this space was mentioned at per ton. There is nothing unusual in rus Sian purchases of Canadian wheat Grain men Point out. In other years the . Has come to both United states and Canada for supplies for the Vladivostok area where considerable military garrisons Are maintained. It is More economic to transport wheat from North Ameri can Pacific ports to the far Eastern province than it is to bring it Over he expensive rail haul from the Interior of Russia. Foreign Exchange Montreal Jan 16. And foreign Exchange nominal ates Between Banks Only China Hong Kong dollars .2742 lunch France franc .025030 Britain Pound flinch rupee.3358 unch Taly lire .0561 unch Tapan yen. .2609 unch United states Dollar 10-11 . Preen. Urich compiled by the Royal Bank Canada Eeast Crest in. Malartic Eldorado Sexten of Falcon Bricle fed. Kirk Fernland Foothills found. Pete Franco cur Gillies Lake Genoni god s Lake. Go Dale Gold Eagle Golden gat0 Good Josh Graham Grandora Gunnar Halcrow Shadrock Marker Hollinger Home Oil Homestead Howey a . M. St s. Int. Nickel . Cons. It Teolin Jyll Coe .1 bit add. Kirk. . Kirk. Lake Kirk. Town. Lake Lamaque g. Lapa and. Leitch g. Lobe of id Little . A Casutt Mel. Cd shot. Madsen Malartic of. Mandy Man. East Mara go Mclntyre p. Mck. R. A. Mcvittie Mcwatters. Mining cup. Model Oil Monarch Moneta Morris kill a Murphy Natl Pete. A Nabob Newbeck Nipissing Noi Rocla Nordon cup. Sci Metal. O Brien Oil selects. Kalta Omega Oro Plato. Paralta amour por. Pandora paymaster Pend Oreille Perron Pickle Crow Pioneer a. Powell Rou. Prairie Roy. Premier Preston Heno Robb Mont. Roche . Hoy Alite St. Anthony. San Antonio Sand River senator r. Shawkey shop cd. Her. Gor. Siscoe Sladen Mai. Lave Steep Rock Traw l. A. Sturgeon a. Sud. Basin Sud. Sullivan Sylvan site Teck Hughes be mask. Tex. C. Of. Toburn towage. Achl a in. Oil up. Can. Ventures Waite a. Wend fio Wilt c. Wood c. Wright h. Lab 370 365 101 100 22ta 420 w 4b 85 80 lob 61 60 1 a 59 if a 20 jdv4 1 a 3 514b by 2vtb 130 7 a 286 lib ,17 31 i 4s 44 4 1 n 8a 370 a s 101 420 url or 5 via 80 Vir 12n 60 1 8a i 20 in. 3 a a 61 4 1 2 via 130 i. 8 a a 1 20a 14% nil. 286 1 37 i 1 710 14 fib 253 250 148 725 17 85 1 305 445 440 s30b 53 07 12b la 58 251 Iiona h5 12 725 17 45 1251 251 Svob in i Ata n a fib 55 305 440 240a 33 87 a 4 15a 1 a 3vi 57% 58 142-5 12a 44 120a Flaa 88 1 via 17 v 7a 55 i 2 57. 112i54 27b 351 51 220 6 50 215 200 405 216 188 10 136b 217 47 48 210 215 103 214 45 5v4b 33b .2 16 234 232 157 _ 3 2 via 38a 8a 220 4. S 6 216 200 405 215 133 5 is 140a 215 2 47 la 1050 1250 335 1000 700 3sgu 766 3100 1500 Ioco 325 400 6110 33 it Ido 25sh 100 1216 600 1800 600 9000 400 1625 2200 3200 1000 25 400 1600 3500 500 17200 5000 l60 201 460c 38qc 3770c 107 201 2701 301 5200 2200 Montreal Hammond ;