Winnipeg Free Press

Winnipeg Free Press (Newspaper) - June 01, 1940, Winnipeg, Manitoba Page eighteen Winnipeg free press saturday june 1, 1940 Winnipeg june 1. 1940. Open Grain Exchange Winnipeg. June 1. A Small Export business further resting orders attributed to overseas interests and lib jul offerings contributed to a july firm tone in Winnipeg wheat j oct. Prices on saturday with values finishing 1 higher and the july at Export sales believer for i nit cd kingdom account were placed at bushels. The Ottawa announce ment that ill Millioni bushels july oct july oct flax _ july oct Rye wheat july sept. Oct. July of Canadian wheat had been sept. Sold to the United kingdom and that futures trading would be continued until the end of the crop year stimulated a rally in the closing Trade. Markets die As drop or lion rec ring a at t in up prior it crop Osi Imatz a Sharp la i scr forecast of b e United stale inc auction with 495.703.000 sept. Against the guv dec. Figure of -159.000.000 f ast. Further Good Rains were also reported Over the Canadian and United slates condition a Avo Rabat the Aires mar a --.-a. Firm closing in to of n Light Char hedging m the initial stages i run crate port demand and moved Early for gains of oiling in con Vith inter Market spreading oct. July sept. July sept. Oct. 1 Dai 32i 30 3 174 open Fil i is i f 82 Hsi s g07s 58 43 48-" i 49 open i so1 Hirth Low 32 4 30.1 l a 38 i b 173b 178b 48 37 30" 37 i 38a 7cb 50 Prev. Close 74 i 3 2 l 36 3i 37 i 163 166b 51 47 lib last year 65 i 66 h 30 i 30 40 Large boost in Winnipeg May clearings Jure i is the list of Bank clearings for the month ended May 31, and a comparative list. Lor the corresponding period Vear. 1939 11.214.j177 Halifax St. John Moncton Sherbrooke Quebec Montreal Ottawa Peterborough Toronto 1940 13.507.833 433.612.763 214.655.459 2.611.208 i Hamilton 24.851.354 Chicago Low High f.2 4 83 s Fil k Fil s 58- -5 45 49 a i 82 s 61 u s7 i close so isl 82 Seffl 8 83 fis2 61 i to i 5833 a 31 in High Low close re 79 3a 31 so s03.i lib 30 2a Sib Minneapolis Cash wheat close june 1 i r protein. 5o-uo ids. Foj Prev. Close 60 i is a 33 a 31 via 44 in 4 a 4pa Prev. Close 80" 5 so 1-4 5cp-b Kitchener London Sarnia Sll Bury fort William Winnipeg j Brandon Moose jaw Saskatoon Prince Albert Edmonton Calgary i Letha Ridic Medicine hat new Westminster i Vancouver i Victoria 5.75s.gjh 11.992.463 2.608.077 15.467.100 1.588.584 i8.437.nen 2.117.321 990.094 3.108.642 74.215.12.- 8.069.181 4.943.1192 11.463.486 2.122.lil4 5.496.148 16.687.227 18.823.486 71.180.171 a a Cash wheat spreads closing Cash wheat spreads. Satur c hic agn brought some Werc from the highs although do j smutty cheats u n Wro relic Csc a by resting j other grades unchanged. Sea Ireci Mill purchases reported. Generally Deal a were Dull until near the close Irenr ral by commission and others went the Market. T foreign despatches were Fea to ret by reports that i he invaded countries were already pc cling the Pinch of a food i shortage with the danish Sov com pm taking Steps to con i serve wheat supplies and critical situation existing Norway. A Trade in 1 Northern i scr. New York report said that increases All along the line were announced by local War risk insurance underwriters for ship ments to and from foreign ports. Scr tied in saturday morning s Cash wheat Market. Exporters were the buyers a1. While there i the United Stales department Nuj i agriculture announces that wheat and Barley Loans on the crop i will be placed on a demand basis while details have not yet been i announced observers assume hat these Loans will have a maturity Date but will be callable and producers will either have to pay thru report food situation crucial in Norway Root shall comment the danish government in ounces that in future a to Oarse Type of wheat and Eye i Lour n ill he milled for ii real making As a measure of Economy. The norwegian ministry of agric us sure Tor the area under German control has issued an Appeal Tor maximum production of foodstuffs. The food situation is very crucial on account of the German invasion. In Northern Norway however. The government has Laid in Large stores of wheat As an emergency Reserve. Rumania has now banned the Export of Sunflower seed Oil Castor Oil Mustard seed Oil and linseed Oil. Rumania sold to Jugo Slavia bushels of Corn recently. In car loadings for week Ottawa june 1. To the May m Holiday cat loadings in can Ada declined to 49.919 cars in the a Eek ended May 25 from 53.063 the previous week the Dominion Bur eau of statistics reports. Loadings in the corresponding week of. 1930 amounted to cars. The Index adjusted for seasonal variations was 85.2 compared with 83.2 the previous week and 70.9 last year. Compared with loadings the Cor responding week last year All the groups except other Forest products increased. Loadings in the Western division totalled 13.956 cars compared with 15.404 and 13.0s3. Comparative record May 25 May 18 last or. I Gram and firkin 1 products r.071 5.347 1.215 1 kill Coal 4.766 Coke 2 pol 34s 3.010 5.09 1.1102 -1.-179 lumber pulpwood pulp and paper other Forest. Products Ore merchandise miscellaneous 1.10.1 3.725 13.72b 15.167 10.9i stocks Bonds Industry surrender their collateral Oan agencies at any time cent better spread. To Jle was no Trade of any demanded by the agencies handling consequence reported in the other the joans this it is believed will prevent producers waiting until the weeks or Days to decide a l bid for at spreads. Shipper s for Domestic account were Ufier extra . And 1 feed at s t be her sin Oad. As Well is lower Oracle Ford of a. 14 2 George a. Loab Goodyear of a. Gyp. L ;