Winnipeg Free Press

Winnipeg Free Press (Newspaper) - May 28, 1940, Winnipeg, Manitoba Page twelve Winnipeg free press tuesday May 28. 1940_ of pm a High 1940. Last year of so 31 b Miry 2k. Over tlu1 Joni to a Liiro of develop Gnu nos was vhf apr Lrtil ii world Inar on tin Mlay with u a prices ii 4 Llu i rend of of Isidro dec Lions More three cents in near minimum Levels ill initial on nervous Siul Lack of Pover. Values him Vrr. Made Jond re Rovt Rirs flu a Restini orders u ene Diioli Ved i in Recos and closed in u 1 Selimir lilt May Al Kupor interest to dormant Mill lint some hrs Irvid in hav 5 he of to a -lh7-b 4sb close Prev. Clos stocks nit of a minor Init ii rep resell Ted i Lul res in Matici paled 4s. Close Minneapolis Cash wheat close May 28 protein 36-Tio ibs v 85r Union stockyards Winnipeg Amli . Boniface May receipts the Union stockyards in to nine o clock tuesday morning consisted of to cattle 14 0 calves i 105 hogs and five sheep and lambs. In addition to deliveries expected to come off trucks there arc a further two cars of Stock reported. To arrive in the Yards by rail. With a fairly satisfactory clean up on the cattle Market monday and new arrivals proving of Model ate dimensions he Trade was ported generally Active again tues Day with some underlying strength being uncovered for virtually All lines of killing material. Despite very Little support to elate this week on Southern account the Market is displaying a reasonably Good performance with most transactions ruling definitely in Tavor of the i Selling Side of the Trade i unc Van Ness is characterizing the i Market which is usually associated with Light runs and while sales in some instances can scarcely be quoted very Little different from Hist week in other eases transactions arc bordering around 25c higher. The Little flurry which has crept. Bonds Industry . Gunnar Security markets new King Leopold s surrender of the belgian army today Sharp declines in world Security and commodity markets and unsettled the currencies of belligerent nations. First repercussion of the surrender was heavy Selling on the new York s Ock Market. Opening dealings were marked by turnover in individual issues rang ing to shares and prices of leading issues were Olf is much a. 7% Points in Bethlehem steel. Some stocks declined further alter the opening but in most instances the Day ? lows were registered in the first hour. Thereafter the Market steadied. Recoveries in some instances amounted to Lour Points although very few issues were Able to net Back to the previous close. Gilbert a. Labin i president of Eldorado Gold mines and Gunnar Gold who recently passed through Winnipeg on an inspection tour of. Company proper c lie privileges tin Iii kids Viris Market was Tolsti Lilac leu tin turn Lopi ires in that Market pc line Iii Hanni d. Bill Lunin losses of in i1, cents or Ruicis from in Export Point of View however. Poi Rii i kit Awn Tiiu to port supplies were to impels Ami As to Tuioi Riih. The loss of in in sirm rep girl Market u out nol be reel for Ilic or Send. Wheat marketing cumulative deliveries of wheat to country elevators in the Vest from aug. 1 to May amounted to bushels according to the statistics Branch of the Board of Grain commissioners. Of i his total Manitoba contributed bushels Saskatchewan bushels and Alberta 1 bushels. Of total Deli cries bushels were wheat other than durum and the Trade is More or less continued on Page 13 Montreal Losli Hammond Wanton Alia . Pelcl. Brew. Risiti Sirsi a. Hell i a . A 13.c. Power b Brut k silk prod. . A f. Co. . C. I1. 1-Il re. . Cement com. No ii pm to. . Coin. . Power pm i. Canada so com is. Pfc. . 3nd. Ajun. A. And. A in. Bronze of a Toronto Bingham Mckay i. change sales ii ill l Cool Rizin was tuesday in tile United states Texus. Iowa. And with Kansas. Period were May deliveries deliveries through the Clearing House on May con Racis bushels tuesday wheat. Oats Barley flax Rye can. Cola can. Pc. Re. Platform con. M. Dom. Bridie p. 2m.ooo nil i a preliminary Survey for not writ Iii Nicalos Hie likelihood of generally reduced crop yields in 1d40 com line Rel with As the result of severe Winter and late planting. Soviet Union press reports nearly j acres sown to Spring crops do aug the five Day period rame into in Feci May 10. Indicating 09 per but by Nolc plan completed As com rallied pared with 72 per cent on the Cor ought m 0 i03g according i to inc . Embassy Moscow. Us a cols cents lower. To .1 , Domestic interests Ani on House resting orders. Hungry belgians new problem for Germany with 1 no Cupit ulalious of Leopold Iri landed to Jiro Tir Timo show la. Cash is Heads using spreads. Ties not let a r4 cent lower Cint lower special wheat quotations closed tues Day As follows Winnipeg lower. Chicago to Minneapolis 1 lower. Buenos Aires wheat previous close to 2 i cents. Open unchanged. Noon. 2 to cents lower. Buenos Aires flax open unchanged. British control Board shows interest Tel. Nic . Power int. A. Lake w. Mas Harris Mont. Pou or Mccoll front. Kat. Nat. Steel car. Of i Vics Penman Pou or corp Qubee Pou or . Law. Up . A. Pad Shawinigan Slier. Wit Smith. H Siel . Kutcel. Ltd s. S. C. Wok. Gro err. Alia. R. C. Aklona True . Gold Anglo c. Anglo i. Arntfield Ashley Astoria q. Ainoi Backfield fuse m. In. E. A. R. Be attic eld. A. Bir mis. Bralorne Brett. Brown Oil Roulan eur. A. Buff. . Bunker 1-1. F c. F.i2-i Calmont can. Mai. 43 Caribou a. If lib Costlo. K cent. Pat. Cent. Fore. Chromium Clarit cop. Cochenour Coli Aurum com. Pete comm Oil 131 in an 101 18 Nib a Moo 1 500 2700 i Jolo 3000 2jjo Iso sob in 4800 Toronto undermined by the news. Toronto Stock Market tumbled to new Low prices Lor the year tuesday for Index groups As dozens of issues hit Lhoir lows for the year or longer. Index losses ranged up to about 5 Points in Industrial and Gold groups. Volume expanded to shares the Price Lone improved slightly in tiie last 10 minutes. Price declines Between sales Large to 10 cents times in secondary mining lists. Buffalo Ank Erite dropped 75 cents to 3.25. Hollinger dropped go to its lowest Price in 3 year and net decline of 20 1.750-n. A in Natii of 120 Ore has now i been opened up in this vein j is stated to run Heller than mine i average Over Soori widths. While i ,-is.suys Are nol cd Tavui Laboc on the i Ore shoot in arc is a uie f Jiju Craack May run considerably i higher than mine Grade. Some of i inc Ore was so Rich that to in boxes of were taken to the Rel incr ing put Ijiro ngh the Miil. I j Sample of Ore from this showing which arrived i j in Toronto he about 3 b. J i is estimated 10 contain about i of Gold. A Nik officials Sre pleased i to gel such High values they do nol Orpi d Ore of this calibre to to More than a phenomenon. i i does give conclusive proof How. 1 Over of the downward continuation of values i operating Nith a present time Are running 12 cent a share i while net profit works out to n i least 7 a cols a share per annul. Xei assets built up out of profits Are now equivalent to 18 cents per share. Company increases holding i is reported that the company has Bond i recently been adding to its holdings eight j " producing mining companies. Akiri incl Vantage of the general decline in prices. The company is 1 j known to have substantial holdings i 1 in such stocks is East Malartic with i mines. Track i Luhcs Gold miss. Sains of around a Point had Virtu i International Nickel and a nor advances. I Loans Vilh a rating took the worst drubbing. Belgian Bonds plunged around seven Points on the average. Cana Dian Loans lost two Points or More i and selected japanese issues an outside of five Points. Canadian National in flyway and 2.011 7.50 j Albany r old i area i Argosy Central Mani Niia Canadian Hai Jium Chr Amis com Lake i a Dona i can asian Pacific Bonds gave up unlisted mines Lair Ami Sony bid j around four Points. J Rio Nair. I rim Floi 700 Toronto industrials i Bingheim Mckay Ltd open High close can. . Pfc Burlington steel can. Packers can. Bud. . Cd Inners Canada bread dredging cub aircraft can. Vinegars can. Gen. Dec. Canadian ii cons. Bakeries Consumers Gas Dom. Woollens Dom. Stares Equi Tybie Fanny Farmer i Ord o Canada leu. We slim Goodyear of can. Lime i i Al. Cuit ind. H. Walker com 12 24 a n 95 6 17a 14 150a Light a Catt i de showers arc j Ore ast for the great i part of the . Belt for tuesday night and us Little change in Vancouver. ., May special control Board Over the week end showed the interest h Walker Ltd. In Vancouver wheat. Cifu rings of c some time taking about tons immediate loading and indicate that further business might be temperature. monday be i liveries the vent Mav 27 seeding operations Progress steadily i for expected Between now and the end of the month. In shipping circles is understood that 21 ships have been placed on berth Here in tune with about the same number for july although past experience has aught the Trade Here that the full lumber of ships listed is not always forthcoming. Even taking 15 ships for ouch of the next two months a Var go.000 tons would be loaded local elevators. There was no Grain loadings receipts Over the week end and stocks remain bushels of All grains. Clearances this sea Lake navigation steady Progress with seeding operations has Iorii Nuell during the two under generally Luvito Able conditions in All parts of Canada no cording to the second crop report issued this by the Ogilvie flour Mills company limited. The1 Ideal conditions have been favourable for Strong. Even and Plant do in the Early Fields Pennis cd uninterrupted work in the later areas. In some parts of Manitoba and Saskatchewan however More rain i needed very soon to maintain consistent crop developments this is chiefly in Central and Northern districts where the sub i Oil is dry. Aura be Coral a lob Law "13" Maple Leaf Moore corp. Ant spec photo engravers. 351j 2 in 7b 175h 50b Fak on Bnruce fed. Kirk. foothill found. P. For Gillies Lake Glenora gods Lake go Clale Gold Golden Gate g. . Grandora Gunnar h. Us Ayze hard Rock Marker a Iii. Narcee Hill instr Tomc Oil Howdy Gold h. B. Int. Nickel. J. A cons. Ken add. K. H. Day. Kirk. Kirk. Town. E Shore. Lama. Cold. cad. Lencl Oro Leilich Gold. Lilue l. A. Mac. C. Mad. A l. Mai. Gold Mand v Man. E. Man Alko Mel. Pore. Mck. H. A. My Liuio Mcwalters Mill. Up. Model Oil m on Eta mor. A. Murphy Nat. A. Nabob Newbeck nip sins Noranda novel. Up. No a rectal 311 4 194fl, from Monarch anti a a to i. New York in Iris 200u tool i i 2230 he too lion 500 270 22.15 Al 1.40, Western 1.6.5. Frontier 1 Montreal curb Osier Hammond nanlon1 open High . Abi Tibi com.100 100 to Abi Tibi pid. Asbestos i i 1" Bat burst a . 12 morning. May 23. I air reduction lord. J Allied c. A d. Lameran. S. He. Amer. Tr-1. A. Aii.i-. Tob Anaconda cop. Ate. A h. Pc i Beth. Stix a he air Lanc Oil ill 1- con of Rii d Nin modal Hall new i no Jil lib no my 7b 7s by 2a 580 . . Call. . . . Cons. Oil packers brew. . Pid. Malting Vickers Ltd. Paper Jooa 2b 41 -4 fi2b 50 4b 30 to 11 1 look 47 47 of 3c1 1 i38 1500 7500 1200dodo 3600 Shioo Bloo 131.00 700 2500 4900 1200 Foo 1500 3 00 Unoo 1500 325 230 s . Corp. Sea. Horn. Engineering Dom. 1 a donaconn.3 a Dora Conna 1pb" Dom. Stores Fleet foreign Power Ford a fraiser com. Fraser . H. Walker com. Oil Hydro Sec. Ini Perial ii int. Petroleum int. Utilities int. Utilities a Lake sulphate Mcl hers pad. Price Bros. Eom. Price Bros. Pad. Robt. Mitchel Walkerville brew. Mala lie 4 a 10 16 14- 6 b. 10 iriv son Are compared with bushels a year ago. Overseas shipments maintain High level overseas shipments of Canadian wheat during the week ending maj 1.854.1111 bushels of when other than durum plus bushels of durum. This compare with a total of bushels shipped previous week and 3.560.564 bushels the same week last year. Aggregate shipments since August 1 were bushels against bushels a year ago. Imports info principal .a. Northern Border ports into bonded Mills for grinding were bushels during the week ending May .18, against bushels a week ago and bushels the Broomhall Specius to the free Tress same week last year. Imports into Buenos Aires. May 28. Move-1 .a. Northern Border ports since Rnell of wheat and flax in the in August 1 totalled bushels Ito rior of the Argentine is Light but including bushels for a con Cern movement is Liberal. Weather present favors fieldwork and germination of the Early sown period last year of wheat. Monday s wheat prices bushels including 221.000 bushels closed 2 scents to 2vi above the Rogers Majestic stand. Paving super test Pete Toronto tic. Wilk or Villa 70b United steel 3 West. . Flour. 2 Winnipeg Casti prices these prices Are always the Xvi Stalions n grains a. Tile time of closing the Ianire Market and refer Only to firkin in lore Forl William and port Arthur. May 28. I hard 73. No. 1 Northern 727ji no 2 Northern 70vn. No. Northern no. 4 Northern Bihli. No. 5 wheat no. I wheat so ii feed wheat no. 1 Garnet Odlini no 2 Garnet Fisi n. No k Garnet Burtn. No. 1 hard Toufigh no. 1 nor. Toufigh. No. 2 nor. Toufigh no. 3 nor. T of Fth no. 4 nor Tough no. S Tough no. 1 nor smutty no. 2 nor. Smutty 04 i no. I nor. Smutty no. 1 am Ber durum no. 2 Amber durum no. I a inc i durum 13v -i.-no. 4 Amber durum Olvi. No. 1 while Spring no. 2 while apr Lufi Stii. No. I White Spring Nuj ii. No 4 special no. 5 special no. I special no. 1 mixed wheat Wii. Track. Basis no. 1 72n.i. Screenings Pel ton. Si.00. 1 . 33vj, no. Kex. . To in 70 .1 no ".1 no o Brien Oil Selec. Kalta of Ciki Oro Plato Paralta pain. Pore. Pandora paymaster Pond Orcille 12q Perron 120 Pickle Crow 2.rio Pioneer g. 20s Powell r. Bs1 p. Royalties 13b Premier so Preston 15.d. 1s5 0 Bommerer Dominion Imperial Montreal Vova Scotia Argentine wheat movement Light 1 feed 30vt. No. No. Feed no. 2 . 1 18. . 127, 31. No. . 1 feed 30 -4, no. 1 feed track i2 a. 1 . 152 no. 3 . 142, no. 4 Barley. Malting 1 . 36. No. 2 . Glow 3b. No. 1 . 2-Row 41, no. 2 ., 2-Row 41, no 3 . 6-Row 34 other grades no. 1 feed 33. No. 2 feed 32, no. 3 feed 31, track rec no. 1 . 47i a. No. 2 . No 3 . 43. Raj. 3 . 41, no. 4 . 41, track i. Reno Kobb Mont. Roche . Royaline . Anth. San Sand per. Senator r. Shawky sheep c. Slier. G. Sist of Sladen m. Slave a. Steep r. Straw l. B. Sturgeon r. Slid. A. Slid. A. Sullivan Sylvanita Teck h. To mis Kaming can. Toburn towage Mac. Uchi g. United Oil a once can. Ventures wait am. Wendigo Wiltsey c. Wood cad. Har. In 105 in 240 13 no 147 in la tax and Ian Han flames open Hugl 140a 14sb 200a 207 inn stocks a 153 247 Lou inc. Mont. Ward Nash Kelvin. Nat. Biscuit . Cent. . N. Amer. Owens 111. Glass . . Proe. The Gamble Pullman co. I radio corp. Of a. Republic Stee Safeway stores Simmons co. I Soony vae. Coj a. Is. Porto Rico s. Apr Rev Corn i Stan. Oil of n.1. Texar. I Texas g. Sul. Timken r. B. J Union Carbide i Union United air. United corp. United 1-i-Ui . Rubber . Pled Wusler Union w. Al. Pc Woolworth . R 1 1 . I v i Shenango Miner i s Nore so Nikoo Sunbeam 1. Ted Mark Union Minine i i or in Wesley i West Ren Liaise Patri Iii Ojiri i j wine old Ohk Pirn ii Jon s 4 10 7" i March i Inni i september deep nor i sales__252s011si hich Low Cost .1012 982 Islen so we s15 s7j Imio ri57 sr-5b noon. 090.000 total the richest Man in i Kivlon ills the Universal lift Astur Anco annually Csc 10 1 so 7 is 1 18 z fi2 2.1 3 130 3 i lob 100 21 n 300 61 go 10 13s 7 la a 7 4 2 1000 Moo 1soo 1000 10700 28li 2030 2701 200 6750 2700 1000 5300 1500 s700 1000 1500 4850 til 00 k500 1000 auction sales Lio fit 210 200 32s 270 9 Ila lob 535 520 is iafir.0 3 i 1500 1200 2boo 1r30 1 . Inon 400 200 inon 1200 1200 000 1700 1420 1000 4 110 Ion 12 40 3 Fil 2no 275 Al Mont i Ai. A Konro , Mav . Sietas up level with june 881s land july Corn was cent j lower to unchanged with june ?.t and july slam. Flax was inc banged june cent lower to 11414 to Llo i. Sircal. A . Ony Montreal Toronto Stock averages i malady Sellers co. Ltd 20 industrials 88.29, Clown 4.44 20 golds 80.b4. 10 base totals 58.22. Clown 3.18 is Western oils 19.00. Down .95 total for consumption duty paid. Exchange rates buying 4.43, Selling 4.47 . Dollar buying 1.10, Selling 1.11 franc 1.93. new York Pound Canadian Dollar .73 11-16 franc 176.625 in. . I Dollar 43.80 in Canadian Dollar 139.45 15-16 for. Nom j in s2.42 . Dollar 161.06 cents Canadian Dollar 55.06 cents. Wall Street hour by hour Thomson Mckinnon tie following Price indices supplied intervals during All sessions the new York Stock Exchange by Dow Jones and company indicate the Market trend the major 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 tuesday s session follow 30 industrials 20 railroads 20 utilities previous close 11.00 . Noon 1.00 . 2.00 . Close 116.35 112.22 112.03 112.38 114.24 23.32 22.54 22.43 22.51 22.82 preliminary calculation tuesday s Range open High Low 30 industrials 112.30 114.76 110.51 20 railroads 22.47 22.33 22.23 15 utilities 13.21 43.43 17.90 40 Bonds s3.01, off ,63. 18.91 18.25 18.13 18.13 18.15 18.30 close 114.26 22.82 13.31 Winnipeg will offer by Canada the following approximate quantities of May 29th, 1940 commencing . Muskrats Mink squirrels Badger 500 Marten 200 Cross Fox 250 Timber wolves 100 Lynx 75 Otter Ermine Skunk wolves 700 Silver foxes 300 red foxes 300 Beaver 250 White Fox 100 Fisher and sundry other goods the above includes a special offering of Musk rats which Are being sold for the account of the Manitoba government goads wiil be on display in our warehouse 171 James Avenue Winnipeg _ _ _ Canada ;