Winnipeg Free Press

Winnipeg Free Press (Newspaper) - May 21, 1940, Winnipeg, Manitoba Page twelve Winnipeg free press tuesday May 21, 1940 Grain wheat my july oct. J i May july Oci. I Babley he Chanico Mav 1vlnnipeb. May if Grive concern Over and a Sharp j May in see relies. Markets resume to Ilu Ira i 2 and 3, Iowa and Garnet Anci special 4. Very Little was1 actually being offered. This demand was from domes lie Mills and was mostly Fin Mudd a and Small lot basis. Demand i m oals Wen Flat in the Cash Gram Market with extra off i a Cal. Other grades Rineha i cd. Only Odd trading. Low Grade Barley was wanted by Domestic interests with Odd ears coming out. Grain pit for was of such Small buying a Ere Able to Rains were reported and tuesday morn Missouri Oklahoma j while generally throughout the . I wheat Belt was Cloudy. Central and West i North Central Kansas and South Central Nebraska. Present favourable Means Little in probable wheat quotations closed tucs i Day As follows Winnipeg 2 to cents lower. Chicago. A 2 it cents lower. Minneapolis to 1 a cents lower. Buenos Aires previous close to cents higher. Open tuesday to 7s cent lower. Noon 12 2 to cents lower. Buenos Aikus flax noon live to cents Lou in Canadian Oats compete in East . Markets washing ton May 21. The . Department of agriculture in its weekly Grain Market review says Competition into Eastern markets continues to be keen As Canadian Oats of a very Good Quality and 42 to Pound weight Are offered into Philadelphia rate territory at about two cents under offerings of 36 test weight no. 2 White Oats from Chicago. Minneapolis offerings into the same territory for 3g Pound no. Union stockyards Winnipeg and St. Boniface May receipts at the Union stockyards up to 9 o clock tuesday morning consisted of 185 cattle 125 calves and 140 hogs with additional 30 cattle showing up on through Billing. Apart from deliveries expected to come off Rucks there is nothing further in sight to arrive in the Yards by rail. Following the rather slow and unsettled Start to the cattle Market monday the Trade uncovered More stability throughout the afternoon session and buyers met with very Little Success in the Way of reduced prices the Market As a whole Fin Ishing Oft very Little different from the close of last week. In View of further scant supplies making their appear acc. Sellers it in Ftp cd a reasonably firm grip on the Trade again tuesday and held out for fully steady rates on the Short holds in their Possession. Scarcity on in tuesday rather Trad in Market contributed to uneven and abbreviated session and while buyers were resisting any attempt on the to elevate prices were compelled to part of Sellers most interests Lender firm bids in order to secure their quota of the Short receipts. There was Only a Small sprinkling of Good shipping steers scattered among the arrivals to sell up to s7.50 and above while killers were faced with a scant offering of steers of value to earn from to considering the abbreviated nature of the arrivals there were a fair number of Small cattle at the disposal the Trade and suitable yearlings crossed Eldon l. Brow who has been appointed second vice president and general manager of Steep Rock Iron mines limited effective immediately. He will continue As general manager of Sher Ritt Godoir. Winnipeg Security markets new War stocks led the Stock Market in one of Tho widest Breaks in two years. Losses ran to jul or More Points fur Pivotal steels ii Cratts. Electrical equipments coppers motor and the ticker tape frequently was behind flour dealings on the Down swing slowing on a recovery shifts. Quota were above the lows in most cases at the close Wilh .vv.tcly. Find rails were lesser sufferers than others but they were Well Clown at the finish. India Beni r Fin Sci incr pad Corn air i Carl. A can. Fir Trust ins May hid 102.011 4. Fid i 2.011 .120.00 in per Bok can. Con c re seen Dom. K. Incl c. Perl. Dom. And c. Com. Federal pad. Federal can Iii fund. Trust a find. Trust Egl. West air cd. Go. West is idol. I . Pad. It. West Sadd. Com. Go olt Ped null be to Iii inv. And s. Awn. Mon. I Ito o . Paid nor. Can. Mist pad. Mtge., part paid Northern trusts North Star Oil pm. North Stunf Oil Coin. Reliance or mostly around with the less Attra live variety of Little cattle finding their Way into killers hands within a spread of so to in Liu Civ class u few Ioor of forints i West for purposes held a practical up in the1 remainder of Tho medium Tii cows mostly Frum s4 to with Low material Cash t it i f was another Supply of and to satisfy the needs of he Prarle and 1he transactions Nisu Rcd ii1. This Branch of the markc1 locked in Lino monday s close. Tilp calf Market on n fairly steady basis Handy weight Yealy i s holding around .sfi.50 and the bal Ance of the valves Saleable Beli Anee grail. Soy. Life 2o . Paid building Assn. United Grain growers West. Breweries West. Grain pad. West. Grocers pad grocers coat. West Elcel Pru Diielsi Wilks limited win is v. Full i to k pad. Wok. Ete Cirk a electric no St livestock markets Annii Nudd on k5 weather bushels. Trade in the coarse of the session Lilin tet that and Selling orders Trivo the Price Mil of All relation a ship to i hair volume. There not Iraq he in Crains. Although a Litile Oats taken by houses presumably for Export across the line. Oals. Barley and Rye wore weaker fur of the session in sympathy the weakness in wheat. Winnipeg Cash prices from Oklahoma City to Vilie. Texas Black rust is present and in some districts Fields Are turn the ugly Grey Green red color a. W. Some hands Are already breaking Down. I a Early wheat in Oklahoma is Safe to i Erickson. Crop reporter. Cannot to to. I fort William May 20. Grain boats cleared today from the port of fori William port Arthur i with bushels and three i vessels Are loading Grain. In to Hiil in. 1 n n i we pc l who ii i in rect la. N to huh n nor. U4 no. 4 nor. Tobit la to. 1 nor. Smigill in Billy n n Xoi 1 Ai i. Tif i no. 2 Arn. Durum pm 1.-. am. Our inn u k. No. Am. No. While sprint no. 2 White no. M White Spring n spa Cine mixed wheat 1 nor in. . Mav 21. No. 1 nor. Our. No. No. K when Nti. 1 Ganiro a Nasik to no. 1 nor. Tough Xci. Nor. To Ciulli i a n. A no. 2 nor. Putty in. Canadian wheat exports High statistics Branch Board of Grain commissioners shipments of Canadian wheat for the week ending May 17 totalled bushels compared with bushels for the Vious week and bushels for the same week last year. Overseas shipments for the period August 1 to j a a v c pack h 00 at it to i morning. At .07, 1000 at of Montreal Osier Hammond Nant Oill open High Low lip us j 11 la pull j a j ii Al c. J i j i in. I j Vii. J i i 14 1 v .1 u .1 i c. J. -1 i higher Price issues ranged up to five Points or More and All popular Gold issues tumbled Lor losses of 10 to cents Many soiling at us r lowest Price s in recent Silling in Lurous or Lor the Clay was around shares. Tho Breni on new York Market carried Al inter listed loaders Sharov a Wii Vard. J san Antonio loss ground. Ludson Bav do Curc d. Sleep Rod a 20 cent., to 1.30. Shierritt dropped n cents o fresh Selling Iva us. Induced by reports of. Allied withdraw als in the War zones sent stocks tumbling one to six Points in late dealings tuesday. Substantial declines were chalked up in All sections with Many new lows boarded. St. Lawrence paper preferred Tell Throe Points while losses of More than two Points appeared fur Howard Smith. Price Brothers and Bathurst. National steel car and Cana Dian car Clown six and three Points rails while telephones off Points headed utilities. Nickel backtracked two Points in i base Mclaws and Sellers d ipod one. Steel of tumbled five Point in and steel. And Asbestos a Point. Tinner to Rell Crl Llu i in and Lor the i f average monthly no of i year Vujs in . Is my a numnally if tile est months of Tho year for disburse ments. As tic fiscal of Lii majority of Canadian Toronto f url Calendar year. dividend no or the Moth a reported Hugh Macvay a co. Amounts i . A d a i i t it l Fiven Mikil inf conic fares i fur Simi Arnethus of Ign and St for amp Ailun Alia. P. C. Alden nah am. Goli Ai Icylo c. Anglo ii. Arne Cicitt Ashley a Torii q. A nor Bani Aii old Basi metals. 13. E. A. A. Seattie bid. Kirk. Bis miss. Bobo Bralorne by ill brawn Oil Roulan Ank. Built. Can. Bar. H. Sex. C. Mrs k. Cal. Oil can. Mai. Caribou o. Cystic t. A Cal. Pal. A Cal. Porc. Cil Fiona s. If 1 an into ise in i by finn ii May in May. I along with regular dividends i paid my distillers i Van conver. Lul. My Canadian o Paris May 21. Frenchi i Aion a oilers and Gold in f position of the country the foreign Exchange resources indispensable to the conduct of the ist.1 coi part to a week Ayo incl 11 to Shipric of for the on Dud on a Urc Bush is. Join last year. Following arc us 2 White Oats Are 2u and Ohio offerings cents a Bubble one cent per Bushel under Chicago offerings flour bookings heavy on minimum Price news Broomhall comment Rwm. To time. Co. . Flour bookings in the . Wero very heavy on establishment of minimum prices with Jakers protected from important Price declines and hopeful that an Advance in wheat prices would enable them to sell flour at a profit. Millers have already advanced flour prices 2d cents a Barret late monday. The favourable Rains in the Ameri can Southwest again on sunday were ignored although 1hese will carry the crop to maturity in some of the Early districts. Wash Nylon j reckons that the Spring wheat acre age will be bushels com pared to in and in 1938. This together with he acres remaining for Harvest makes a grand total of Only compared to last of thu Board of brain t of inlay cd in. And int. Public and Sci puh. Term. . W. L la. Vil Toria. . Prince rupert., . Chin chill. Man. It. . A. Ast. Al Lake its. Ast. Civ. Is. I. Pit. Asl. Civ. 111.-St. J. S. Lake i. Ftp. A. Afloat pts. And a. Seaboard Pis. 1 Iran. G. Lakes. I trans. Can. Rays. I Iran. In . Rota the week a Tot in wheat a year ago the United slates for milling in Bond amounted to bushels for the week bringing total imports for the season up to May 17 to bushels this total including Bush is j taken for consumption duty paid. It Grain Insp i extreme Quie Fiess prevails at coast Chon Cav "1 1. 2 Kim Vancouver May 21. Special extreme quietness As far As Export business is concerned prevailed on the local Grain Exchange monday attention of traders was principally taken in with speculation As regards government moves in connection with wheat trading and prices there was no overseas interest and oven italian line space offered Here earlier in month is now not Avail u 3. Food Able. J port elevators were almost Idle 1273 Only r n. 110 flax 3. First 28. B. total 431. 1530. Cont incl 277 _ move i no rear it . Can. . 227. . -.3. . Over the week and monday with Only record shown on Grain i of nth Exchange daily record being Loca shipments of bushels. Position of other British Columbia ports is unchanged. Gran Montreal. May 21. Closing que lo4.0prt on Tho Canadian commodity Exchange. Tuesday were so t p2 scorch. 22a i Tco a in acc j3 to 231 Sale s Bop que Ocic 32 Scorpil. Butter 24 i. Sales one november 24 j. Year and Liverpool cables two years ago. Report austra Ian wheat in bulk and Argentine wheat Are Selling at the some Price on a . Basis while no. 2 Mani Oba is approximately five menu Premium for the first halt of August shipment. . Limits daily Grain fluctuation r i d nil a it Periat to the free pit Buenos Aires May mar Ket took action tuesday to limit daily fluctuations of major commodities. Wheat was limited to daily fluctuations of 50 Centavos per Hundred Kilos on basis of the Prev ious close or at he present Exchange rate equivalent to 4 cents american Money. Flax is limited to 70 Centavos of cents Corn 10 Centavos of Oats 10 Centavos of cent daily of auctions. Of tin wheat. I my too i can. J. Jiin. I. 1.783 Vocat a did Mav 17. Total previous a Cimi Cori of. Vovk. In in . In 103.777 . 1. To May 1040 .llil.s08.07li Carres period 9a.282.b2.- to ails full Laid stocks of the visible Stock i Ain or week ended May 17 Rev aled declines infill commodities except Rye. As compared with the previous figures. Arc compare totals or Vav. Or. Ones io.ofio.58 icy t m Fia i72.no . Ryc. 4.68r.0ri7 foreign Exchange Montreal May 21. Foreign Exchange nominal Joni. Si.lt-1 Gatineau it j. Gen. Steel w. Gen. Gurd. Chas. A. Hamilton a. Imp. Tobacco int. Nickel int. To Vor Eom Lake Woods Mill. Massey h. Com. Massco 11. Pad. Montreal Power Mccoll i Hiilei Kunal. Com. Nal. Tiivi. Ltd. Nal. Car com. Ogilvis Yta. Penman com. Steel of can. Pad. S. Can. Per Montreal curb Osier Hammond a Kanton open close China. Hong Kong dollars France franc .2259 .020502 .000402a it. Britain Pound 4.43-4.47 unch Italy lire Japan yen Krone 0561 Clinch 2605 Inch 2645 c. 0003d Switzerland franc 2490 unch ., Dollar 10-11 . Prem. Funn Toronto Stock averages Mel adv. Sellers it co. Ltd. I 20 industrials. 80.49 flown fi.81 20 golds 83.65 Down g.20 10 Hase metals 61.23 flown 3.17 15 Western oils 20.80 town .39 total sales Montreal May 21. Up spot Copper. Electrolytic. 12.75 tin 62.50 Lead. 5.50 Zinc 5.g5 Antimony 15.25, per 100 pounds . Montreal five ton lots. Abi Libi Eom. Abi Tibi. 7 if. Asbestos can Vickers can. A. Pad. Can. Wineries cons paper can. D. Sue. Dist. Up. Seas. Dom. In Pau. Do in. Tar Dom. Tar pad. Monaco non a Donnaconna b Domin. Stores Fleet Ford a Fraser to. Fraser v. T. A Walker com. H. Walker offt. Home Oil Imperial Oil int. Pete. Int. Utilities b Melchers com. Mulchi nid. Price Bros. Com. Price Bros. Pad. Robt. Mitchell Exchange Bates at Montreal. buying 4.43. Selling 4.47 . Dollar buying 1.10, Selling 1.11 franc 2.06. At new 3.17 Cana Dian Dollar franc 1.78vi. At 176.625 for. . Dollar 43.80 in Canadian Dollar 39.4515-16 for. Nom in . Dollar cents Canadian Dollar 55.06c. Bond averages Mills Spence co., Ltd Prev. Today Dom. And prov. 93.8b Short can Dag .106.02 106.17 Canadas 99.62 Dom. Guarantees 10670 10670 Eastern provs.102.15 102. Is to Stern 59.53 3d.-10 Cape. 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 and company indicate the Market trend of the major groups of securities listed. The averages Are computed by dividing the total prices of each group by the follow ing industrials 15.46 rails and utilities 20. Price indices for tuesday s session follow 30 industrials 20 railroads 20 utilities previous close 122.43 11.00 . 117.67 noon 115.46 1.00 . 112.61 2.00 . 113.67 close preliminary calculation 114.13 j tuesday s Range 23.98 23.28 22.68 90 43 22.27 22.15 30 industrials 20 railroads 15 utilities open 120.46 23.63 19.10 High 120.52 23.65 13.15 Low 110.si 21.69 17.49 19.49 18.90 18.39 13.00 17.g9 18.34 close 114.13 22.15 18.34 f steel corp. My payments or. Account of prefer red by Ina Dinn Bakaric . Metal Indus i . Hitu i com Nav i to Jar Onjak a fre fird Crea i ads Kiro in add Mon Toft turned m Hie bunk payment of s1.50 a Shar French rink a Cafori Jun rid. I com Nevin Slock of cop Tho c Cadline fur Wisn co. Leif. Livery 1-i of of . Previous payment a s in i the fonts Huy a mixer at i comp i Ixl forms in Dies i Ron extras Kirk hued Gold mi1 Tibuni go Minos. Nid m initial dividend i i mines. I dividends a arc a tidally f i i at in by in tits tins and artists. For to is duo to the incr is from 30c 70c in i lie on theto of holdings. Ltd., a to the Tinl this p. Its dividend i1 in april Slid ii inv. I e new York so a id. Fac bal Orn a cinch Gold Little l. L. Ivind. R. Mil. Gold Mandy m. Incl e. Naval an Mcdoil Lenl k. I Mirc a. Mik. H. A. Mcgillic mini Lis to. To curl Oil to on ctn Morris k. Murphy Nat. Pole a Noboli no Ibri Nipis Rii no in not. Noorlon up. O Brien 7r 75 Oil so acc. I he Kalta 7.i 7n or orca 17 1c Oro Plato 27 Paralta i in Muiir p. Re Pandora i o any Masivor 25 20 p. Orcille ii j ppr Ron in 1 "5 pick or. 2hs a incr i g. Pow. Honan 15 fifi Premier or Preston . Inn Reno 20 i 20 Robb. Mont. Roche . Royality 20 St. Ant Bony 10 Al san Antonio 110 1-1 Sand River 7 senator r. 20% Shn Kev sheep cd. Scr. Cord., no up on Slack in mai., in 2n Lake i 3 Steep Rock. A o 12." Straw a. Sturke ii a. 12 Stirt. Basin 111 Stid. Contact Sullivan u2 Sylvan it 2 22n Reck h. 325 in 1ab Tor. Can. Oil 120 Tobt irn i Tow Adamac. Jyh uchi Gorl 40 uni cd of upper can. 7. Venture 230 220 Waite Alt. 410 i7s a Vendien 0 3 Wiltsy Cpl. I i Wood cad. .10 Wright hrs. 1 Coon Toronto industrials open xxi car 1 i Lihn Jln l. And. 2700 h. in Iii a. Fri. I Kelvin. Can. A Maple Moore corp. pc _ photo f.nr-. Norcis ma.1. 5ist.-intl. Pav. Super to a t. Wasl Vinalon. 21. He uni cd suites Hia f. 4ishipme.nl.s were about _ -. Large than in tin preceding w ill 1 and the arg Cal Fri any be Imreh. British Empire shipments it Fui air wit ii War Supply f chases hero accounted for ate tin s74.000.noo of the imports. The Netherlands accounted f App i Oil try neuter to i moved most of its Gold fore the arrived. Tho British Sli Paw incl div sis.012.733 from United kingdom. S42.fw4.72c frs Canada. . from is. 151.313 from Kong is from Africa. Other Large shipments include from Italy. S2.ifi7.sn4 from bin. Gift s4.7.12.73-1 fron Japal f imports amour new ms1.976 for Canna. And from Meiji a to re polls were listed Silver i Xii it is to Allro ii cd 2iinno brim 4 son j i inn w. Can. A Long the richest Man the Universal us wiinirf1 is in. Calgary oils a. I Tocu Tiv Borla Pacific British Dominion Calmont c. E. Corp. Ii Dalhousie East Crest foundation Foothills Home Oil High Rood a Arcco Monarch Model Mcd Stigall scour Nordon Kalta Paramo Royality Pels to nos canned in United Oil Brigit s wines Are Neicer both Lei until they have been fully in Brig lat e immense wine it. There is no substitute capacity million Gallons for age this advertisement is not inserted by the government liquor control commit Ilion in not Rispon Timble for state Nona made a to Quality of products ;