Winnipeg Free Press

Winnipeg Free Press (Newspaper) - December 28, 1946, Winnipeg, Manitoba Page 13 Winnipeg free press saturday december 28, 1946 Canadian dividend payments Are highest in eight years Toronto dec. Payments by Canadian corporations for the year 1946 were the Besl since before the War and were substantially above the previous year 1945. Total distributions for the year of compare with for 1945 and for 1944. The 1946 total however is Well below the Peak of pre War years of established in 1938. Year end extras Are again heavy and during the year 1946 numerous companies in dividend total. However offsetting factors Are the redemption of preferred Stock issues or refunding through new issues carrying lower rate of dividend and a decline in payments representing accumulated arrears of dividend which had been satisfied in preceding years. The greatest proportion of the year s increase is accounted for by miscellaneous industrials with the total for this group of up from for 1945 and for 1944. Dividends by creased their rate of dividend raid i mining companies due to several bonuses or initiated dividend pay ments. A number of private corporations were changed Over to Public companies and for the first time their securities placed with the Public to add to the year s factors including higher operating costs labour troubles and the return to parity of the Canadian Dollar Are the lowest in some years. Classification and compare e payment for the years 1s4s 1941 194 3 19-12 1941 19-10 1939 1933 industrials s135.s54.1so 11s.k19.5m iu.js0.3s8 113.si27.97s 117.7tl9.2-is 122.076. To mines s67.c67 2t.1 74.648 b93 10s.964.563 101.r1s.660 97.793.480 inclusive follow utilities institutions Trust Etc. 17.727.4ss 1s.032.0sci 19.556.295 s62.2fio.977 60.294.3fi5 60.457.232 42.70o.419 .tj.s2s.204 30.232.123 18.644.651 total All 271.539.9s5 2sn.659.206 intensive Mineral search now proceeding in Midwest Midwest Canada in 1946 engaged portent shipper of High Grade in the greatest Hunt for mines recorded in its history according to a recent Survey issued by the Manitoba chamber of mines. Gold again was the principal object of search despite the adversities that have harried the Industry since Pearl Harbour but other metals also were prominent. In Northern Manitoba. Nickel Copper deposits have been proved in great Quantity and the finds bid fair to rank with the important non ferrous metals discoveries in Canada. Western Ontario embarked on a career As an in town of Ponoka Alberta waterworks sewerage tenders Lor materials construction sealed tenders will be received by the until s o clock . On tues 14th january. 1547. For the 36000 Lin. It. Inch. A Inch 6-Inch Wall Street hour by hour James Richardson sons the following Price indices supplied at intervals during All ses sons of the new York Stock Exchange by Dow Jones and compan indicate the1 Market trend of the major groups of securities listed. The averages Are computed by dividing the total prices of each grou by the following industrials 15.46 rails. 17.8 and utilities 15. Price indices for Friday december 27, 1946 follow 30 industrials 20 railroads previous close 175.21 11.00 . 174.67 noon 174.35 1.00 . 174.57 2.00 . 175.05 close preliminary calculation 175.68 Friday s Range sales open 30 industrials 175.11 20 railroads 50.88 15 utilities 36.91 50.93 50.65 50.48 50.63 50.93 15 Utility 36.84 36.85 36.72 36.81 36.81 36.86 High 176.17 51.25 37.05 Low 173.88 50.26 36.59 cios 175.6 51.0 36.0 Toronto mining stocks James Richardson sons Prev. Close amalgamated Larder 159 armistice go Anglo Canadian 300 Anthona new 30 Arjon Astoria Rouyn 1714 Aubele 26 73. Base metals g a b. A. 23 bag Mac 24 b. E. A. in the Northwest territories a company returned to production another company embarked on an underground development Prog Ramme that eventually is to Lead to a tons daily milling opera Tion two companies resumed underground operations three companies plan to resume under ground exploration and two companies have underground operations recommended by their advisors according to the Survey. Gold production in the first nine months of 1946 was ounces compared with ounces in the corresponding period of 1s45 and ounces for All that year. Prospecting was done in the following areas Yellowknife River Valley Thompson Lake 40 Miles North West of Yellowknife Gordon Lake pm. To. 01 a inn. , a ii and 4-Lnch cast Iron water pipe and Miles to the Northeast Beau lieu Hiver 65 Miles to the East snap Hiver 65 Miles to the North vital fittings. Gate valves fire hydrants meters and service pipe arid fillings. Two close coupled vertical Turbine pumps and motors each 200 Gallons per minute capacity and two deep Well Turbine pumps and motors. An elevated tank and Tower. Gallons capacity 100 it. High Frost casing. 66 cast Iron manhole covers and other sen or ironwork. Form tender and specifications a seen at the office of the undersigned. Copies of specifications and schedules if quantities Raay be obtained at the off re Haddin Miles. Limited consulting engineers. Calvary. Alberta. Applications copies must be accompanied by a Cash of Twenty five dollars which will v refunded upon receipt of a Bona fide under. Or upon return of the documents n Sood condition not later than the Date to opening tenders. Tenders must be submitted on the printed a rms provided and must be accompanied v an accepted Cheque payable to the Ccreary treasurer of the town of in amount of at least five per of the amount of the tender r by the bid Bond of a recognized surety Many. or bid Bonds will be to unsuccessful tenderer. Cheques v bid Bonds of successful tenderer will retained until execution of contract and provision of Bond. After the tenders Are opened and read will be taken under advisement and wards of contracts if will be Lade As soon thereafter As practicable. The right is reserved to accept any under whether or not the lowest or to any or All tenders As the interest a the town May appear to require. J. H. Galbraith. Secretary treasurer Onoka. Alberta. 1946. Province of Manitoba Public notice is hereby Given that an examination of applicants for licenses As stationary engineers under the steam boiler and pressure Plant for the province of Manitoba will is held in room 255 legislative build ing Winnipeg in thursday and Friday january 16th and 17th, 1947, at . Applications for this examination must be received not later than wednes Day. January 8th. 1947. Address All communication to the department of labor. All examination fees Are payable to me department of labor 332 Legisla Tive building. Winnipeg prior to the Riate of the examination. M. Del Begio. Chairman Board of examiners of station diary engineers. Excellent opportunities for Young men Large company operating general stores throughout Canada requires a number of Young men for training purposes. Excellent prospects for the future. Applicants should be be tween 19 and. 23 years single with at least Grade x stand ing. Apply in writing stating age education Box 1211, free press. West Indin Lake 120 Miles North and courageous Mackay lakes. 15c Miles Northeast of Yeso knife. In the red Lake District of on Tario the year s Gold search ended with seven companies having engaged in underground work six with underground work projected or under consideration and three with possibilities of renewed under ground work. Additionally 97 companies conducted surface explorations two 57 included Dia mond drilling in their prospecting. At Ca Summit Lake a. Company returned to Gold at Pickle Lake and at Lingman Lake new shafts were got under Way. Southwest of Sioux Lookout Dia mond drilling has indicated a sub Stantial tonnage of Low Grade Gold Ore and underground development is to Start next Spring. Another Shaft sinking operation has been commenced 50 Miles Southeast of Kenora. O Sullivan Lake -15 Miles northwestward of Geraldton shows Promise of becoming a fresh Gold producing area. In Manitoba shafts have been sunk on or Are in course of completion at six properties. Three other Shaft sinking Are in Prospect. The number and scope of underground explorations in hand and a Lanned for exceeds that for any other year on record in the province. Prospectors were very Busy to the end of october claims were recorded compared with for All of 1945. On the basis of claims staked 1946 has been the biggest prospecting year since 1929 when claims were recorded. Banfield con. Berens River ibid Good ibo Bjo hit tera Lorne _ Brewis red British Dominion Ibro Uinn Ibe court. Buffalo bed Lake Beau leu Yak. C. E. Corp. Calmont Oil can. Malartic i Cimmo Campbell red Lake. Central Patricia Central Porcupine i Chesterville chemical research Cochenour Willans Coin Lake con arum Ico Vest ice Omar Crow Shore i Dickinson r. to Etta r. discovery y. diversified mining Donalda Duquesne East Crest East Malartic East Sullivan Eldona elder Falconbridge Federal Kirk. Increase flour subsidy to Argentine Millers Buenos Aires dec Argentine government has in creased the Domestic flour sub Sidy to compensate Millers for extra charges according to Broom Hall s special dispatch to the free press today. The dispatch advises that although the subsidy to Mill ers has. Been increased the Price of bread remains unchanged the new Argentine Barley crop is being quoted at 1.14 per Bushel . January Corn was quoted at 14% cents higher than thursday s Price. Spot Rye was unchanged at spot Oats was Viz cent higher at 76% and spot bar Ley higher at 99% cents. In maintaining democracy a free press undergirds the other rabbi Ahron opher the president Syna Gogue Council of America. Francoeur. Giant Yellowknife Gillies Lake god s Lake Goldcrest. Goldvug go Dale bold Eagle Jgolden Arrow Gunnar shall nor har Ricana har Drolc has Aga High Ridge Hollinger Fluva Gold Home Oil Homer Yellowknife Iosco Howey Gold Hudson Bay m. Nickel Indian Lake int. Uranium Jason Jellicoe Joliet Quebec a Kerr Addison Kirkland Lake Kirkland Golden Gate Labrador Lake Shore Kapaska. Leitch Gold Cadillac Long Lac Lingman Lake Louv court Lynx yellow Mike macassar Macdonald mines 62 14 80 75 10 a 14 1114 19 16 40v4 100 39 168 24 65 58 200 106 18 395 54 290 40 126 90 145 106 125 61 85 120 is 154 146 6 a 190 430 72 107 445 s 27 590 is 61 22 36 20 14 37 51 460 20 55 100 17 1014 s6 260 11 50 34 46% 36% 2014 50 7 s6 13 a 136 39 575 14 a 37 135 s a 181 close 1s9 90 100 .30 27 17 a 27 72 s a 23 23 a 67 industrials ;