Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 29, 1949, Winnipeg, Manitoba Winnipeg free press Friday july 29. 1949 Rains this week improve Prairie crop Outlook Drout toll Page or have practically Dis heavy in some areas widespread Rains which were general in Manitoba and Light to general in Saskatchewan and Alberta have improved the crop Outlook considerably during the week the weekly crop reports of the Canadian National and Cana Dian Pacific railways stated Friday the Early sown crops Iri South Western Saskatchewan and Central Alberta have already deteriorated too much to Benefit from the Good Rains but the pasture and feed situation has improved in these areas. Manitoba reports the Best crop prospects and cutting has begun in Southern Manitoba at several Points. Harvesting operations Here Are expected to be general by the of next week according to one aphids appeared in Manitoba but in the southwestern sections As much As 15 cent of the coarse grains were slowed under at one or two Points one Survey stated. Saskatchewan s Outlook for la seeded crops has improved durin the week with the added moist i increasing the filling of Grain the better areas in the Eastern an Northern parts of the province. Light to heavy Rains occurred ithe Regina Section benefiting the generally. To the South we the crops Are practically write off As failures in Many District except for feed and pasture. O account of the feed shortage Southern Saskatchewan the in Vinci Al government is making a Range ments to assist in securing fodder supplies. West of Saskatoon the crops a spotty with five bushels to the car anticipated one Survey state Northern sections of the province excellent Progress but Nee More warm weather to bring crop Ito maturity. Frost reported at Prairie rive last week caused 100 Cen damage in a few localities of the North. North and East of Calgary an in the Edmonton Region Albert crops Are showing some improve ment especially the late sow grains. Much of the wheat is headed out but the Heads Are Shor and present prospects indicate crop of from 45 to 60 cent o a Normal. Pasture and Hay lands have re covered to a Point where the fee situation will not be As critical a anticipated. The crop Outlook in the Peac River District has improved and i Inow excellent for wheat and Coars grains. More warm weather is required however for the filling on of Heads. Grain futures Winnipeg open july 7914 oct. Dec. 70y4 july 131 114% 109% oct. Dec. Flax july july oct. Dec. High 80% 132 115% 110% 1427 so 143vsb Winnipeg Friday july 29, 1949 Low 79 73% 131 114% 14h4 142 i 142 sept. Chicago dec. 207 March 207% May sept. Dec. 117vs Larch 119% Vlay 120% 64% dec. Play dec. A. 154 156 h Way. 155 207 208 is 203 a 130% 118 65% 66 155 1571-5 156v4 207 m 206 202 119v4 64 64 to 353 156 close 30 h 7 3vi Tovia 132b 400n 142hb 143 so 143 h a 209 2081.4 130b. Prev. Close 131 114% 109b 400n 141 142 a 142a 205fi205vs 201 f a 64 to 65% i Coffee futures new York. July 29 a Coffee spot Santos no. 4 thursday closed at 27.90-2s.10n. Anr1 freight offerings include Santo bourbons 3s at and 5s 2s.75-27.00a. Santos a futures closed 27 to ,43 higher. Sales 230 contracts. High Low last gept.28.25 27.91 2s.lsn dec. 27.65 27.40 Inch. 27.19 2s.s4 27.04 z 26.66 26.40 26.60 july 26.40 25.95 26 25 Santos no. 4 a futures closer 59 to 3s higher. Sales 67 contracts sept. Dec. Men. May july High 24.75 24.45 24.45 23.70 23.55 Low 24.00 23.ss 23.65 23.65 las1 24.55r 2-130 24 30 n 23.95 2365 wholesale Index new York july associated press weighted wholesale Price Index of 35 commodities thursday closed at 152.75. Previous Day 152.44. Week ago 352.4s, month ago 158.49, year ago 190.24. 1949 194s 1947 1946 High 177.37 20s.14 207.94 169.72 Low 150.05 176.70 164.05 112.02 1926 average equals 100 Bowes company limited. A 121.s cents payable aug. 15 to shareholders of record july 30. Imperial Bank of Canada elects new director i. K. Imperial Bank of Canada announces the election of or. I. K. Johnston to the Board of directors. Or. Johnston As general manager of the Bank. Dividend no. 158 an interim dividend of sixty cents 60c share has been declared on the capital Stock of the Borden company payable september 1, to stockholders of record at the those of business August 11, 1949. E. I1. Noetzel i a blk 19-sj Rcpt. Dec. Sept. Dec., sept. Dec. Oct. Minneapolis 155% 153 59% 60 212% 59% 60 is 144 i 146v4 210% zoos 212 209% a 59 Vij 60a 144 vib 146b 360bnt Canadian wheat prices class one wheat to Domestic 203 class two wheat . Export 205 class two wheat open Export 211 155b" 209 593-4 143vsb 360bnt 205 205 209 Cash Grain these prices Are always the quotations on Cash grains at the tin of the closing on the Winnipeg futures Market and refer Only rain in store at fort William an port Arthur. July 29, 194 close Prev. Clos Oats 2 . Sex. 3 . 3 . Sex. 1 feed 1 feed 2 feed. 3 feed track Barley 1 . 6 2 . 6 Row 1 . 2 Row 2 . 2 Row 3 . 6 Row 1 feed 2 feed 3 feed track 2 . Yellow 3 . Yellow Rye 1 . . Rej. 2 . 4 . Track flax 1 . . . . Rack so i 77 77 77 i 76li 74 i 39vj 70 i 132 w 132 i 132 132 128 is 123 i 120 116% 132 130 142% 142% 137% 129% 132% 141% 400 395 334 375 400 79 76 76 76 75 74 69 70? 131 1.31v 131 131 131 127 123 1181 115 131 129 141 141 136 128 131 140v 400 395 3s4 375 400 Grain inspection cars inspected 430. Friday july 29 Spring wheat Rade Man. Nor. Man. Nor. Man. Nor. Man. Nor. O. 5 Mutty ample o. 2 Garnet. O. 3 Garnet am durum am. Durum Winter wheat . . . Ejected on is . X. 3 . X. 1 feed feed feed feed Barley . Yellow no 2 . X Row no. 3 . Feed feed feed flax . . . . Groty Rye fixed grains screenings heat its Arley ave 50 r Iso 36 16 nil. Red grains Rennings my Rand total 130 tract wheat movement by roads . 2s6 . 13-1 . 10 unlisted oils James Richardson acid sons july 29 near Clos bid Asli s 6 2 25 35 37 17 12 4s 43 23 Liance Mac Oil Irish Empire Oil Nti Ncneal Oil of can. Lusader Pete Ivon Leduc. Anco Oil and Leduc Oil. Cat Bend Oil Ter Leduc Oil. 35 13 13 30 4 25 8 35 17 30 2s 3 15 i 9 t oils pitch oils. 10 be Rock Oil. Idison Oil. Cleod Erland oils Pacific Oil and ref. Rcd water Pete rib Stone Valley Pete. Rose Leduc trend Trifield Pete Universal Pete. Wessex Westlock Pete 5 30 in London stocks Prev. Close close Babcock 56s 3d 56s 6d boots pure drug iss Blanco 39 Silver Miller 35 til 235b 165 21 go 9. 3125 3h 19b 405 19sh 320 b sub 157 43b 31 30 1501 i 1191 300c 3000 h 7. 5h 50b 3s 13 us 501 95vib 7h ibo 15bish a a 971 t x 1 lib 1421 lib Nion Gas nit cd can. A Niton can. B Niter fuel a nit cd fuel b listed steel walkers esl or nov. Groc a. Est Groc pad. Is Cal Western pad elec. Is elec. La i 50 19 b 31 in Hiscoc Sladen Mai. Pad Canna Starratt of. Steep Rock Sullivan Sylvanise Reck h. Trans Ris. Upper can. Ventures a ate am. Weka Sec. S Winora i i har. 225 Wii Scy co. 10 . Bear 44 i 45 i -s5 ifi3 170 150 15fi 315 Al 134 460 910 160 330 1ss 320 3 in 420h 5200 37b 5-Ioo 39b 35 2000 22 in -j51-. 1000 fish 172 1600 100 221 in 160 Sib 134 465 915 to n 22l 91 200 1500 13000 Admiral a. Con. 17 can. 315 Atlantic Brit. Dom. 21.1 c. I e. Up 440 Calmont oils 32 Cal North s l Central a 7-1 coastal 25a command 2o Cammil com. Pete. K5 inns. Home f Daili i sip 27 Pete. Dealta 11 Kast. . East Leduc 20 Freehold -1 Foothills 240 Globe is grease or. 1 Hanna Pete. 1-1 v unreal i. Scarce 7 Home 825 Turpinn Leduc Calm. 12 Leduc cons. 11 Leduc u est 62 Ery p. 45 s Mercury 30 mid. C. Oil 4h Mill City p. A Model 30 National p. 33 ranch of Alan Paralta urine Hillips p. Princess p. Echt held p. Oxana p. Royal can. Crest 3 Odalite a Flo. Brazeau Knuth 25 ipod once 15 Sunset 1c31 Superior to. P. 6n Turner Vail. 20a United a Ulsan by. 11 i til can 20 Varnor Loa Vel Lincton other Day this month with turn Over at the rate of Only shares or so. Bethlehem steel s record earn Ings reported for the first Hal of the year announced after the close thursday had just Little Al feet on Price trends. Befhlehen1 steel common dipped around one time but other steels help steady. Canadian issues generally added fractions. Smelters boosts Price of Lead Montreal. July 29 Ftp consolidated mining and smelting company of Canada announced wednesday an increase of cent i Pound in the Price of Lead bring no the Price to cents a Pound. This is the second increase this Veek the Price being raised a Sim Lar amount monday and is the ourth increase since the 19-19 Low f 11% cents was established in following a series of declines Letwen March and May. Wednesday s increase was in line with similar Advance in new York. Country marketing rain in bus. Thursday a year ago heat 920.000 742.000 6001 2001 3711 2b 25 220c fib 3b 200 300c 251 ish 20a 37a 6b 20a s la 20b a. 4b Loa unlisted mines James Richardson and sons Advance red Lake. 3 meander red Lake amalgamated Kirk. 5 5akcr Lake 1 Barrington Lake july 29 ask 4 6 7 v. 16 Boulder Hill Irown Mcdade can exploration Amray Ocker am Lake ventral Manitoba do Maque try four i Mont Lold pan 1945 Granville Lake Asco keep Gold Ensen . Asalle Assie red Lake Jokey Scnora. Lallon red Lake in cubic red Lake i Finley Lake Liles red Lake Lur Mac National Malartic isto or Acme. Ayne yellow knife dec tantalum West Yello knife and Malartic Ledwood Lepina yellow Kelfa Ussett red Lake Almita. Meters Gold now Lake Quail Lake Sunbear Thornhil Esley Gold Vest red Lake Yellowknife Gold Davidson kor 475 31 i a 5. I 90 i s 6 11 600 35 6 to 7 3 10 13 31 3 34 67 c. Grains heat grains 607.000 45s 295 342 s6 Canadian Oil companies limited eight cent preferred two pet cent. Five cent preferred cent. Four cent., one cent., payable oct. 1 to share holders of record sept. 1. Port came largely from Eastern shippers. There was also some com. Mission House buying in the form of resting orders. Oats futures closed from 1h cents higher to unchanged who the july at cents. Barley futures ranged from it to 1 cent higher a the close with the july at sl-32 bid the Rye Market showed a firmer tone in Light trading with most support coming from american interests. Commission houses were also on the buying Side. Offerings which came in the form of Eleva Tor hedging were Well absorbed. Rye futures ranged from to 1 cent higher at the close with the july at bid. Outside reports indicated a Sale of approximately bushels of Canadian Rye to Switzerland. The Canadian wheat Export business totalled bushels All of which were destined for the United kingdom under the wheat contract. Good Rains were received throughout. Manitoba and in the Southeastern Corner of Saskatchewan during the 2-1 hours preceding 6 . Friday according to the official weather reports. Heaviest Rains in Manitoba were 1.-3s inches at Brandon. 1.10 inches at Rivers. 1.03 inches at Neepawa .84 inches at. Portage la Prairie and Emerson. .68 inches at Virden .64 inches at Cypress River and .50 inches at Pierson. A fall of .67 inches was recorded at Estevan in Southeastern Saskatchewan. Clear weather was forecast for most of the Prairies with after noon temperatures in the 70 s. Chichi so higher Chicago. July 29 firm one in september contracts helped the rest of the Grain Market Fri Day. September wheat and Corn advanced around two cents at. Times. Some buying in wheat came from the Southwest. Cash prices in that Irea gained around one to two cents. A belief persisted the Kan Sas City office of the commodity credit corporation would soon take a More Active interest in the Cash heat Market. Soybeans had to absorb a Good Deal of profit taking after their Sharp run up thursday. Prices held a Little under the previous close All Day. Wheat closed higher Corn Vas higher Oats were 1 cent higher Rye was higher. Stock commodity markets to close the Winnipeg Grain Exchange he Toronto Stock Exchange and he Winnipeg Stock Exchange will e closed monday aug. I for the Ivic Holiday. The Montreal Stock will operate As usual. Produce and livestock markets n Winnipeg and Toronto will be closed. More business news on Page 24 builders american Alpha Portland Grey Type no. 1 Cement Carload quantities immediate and continuous Supply Cost and freight to Winnipeg bag Box 1944, free press Eddy paper company limited entire. M dividend on class a shares the Board of directors has declared quarterly dividend of 25 cents fs.25 share on the outstanding class a Lares of the company payable sept Nebr 15. To shareholders of record the close of business on August 16, 149. Cheques in payment will be mailed the shareholders of record Stock answer Hooks will not close. Ull Canada. July 27. 1349. B. F. Caldwell Secretary. 140 is i 1 i 2h, ibs 20 15 a Stock Exchange House members of Canadian Stock exchanges acquire repute by the reliability and extent of their facilities for executing orders and their capacity to Supply accurate information about stocks and snares. Through our statistical and research departments we Supply As mailable facts about All types of Industrial mining and Oil stocks for investors and traders from which they can form their opinions As to whether to buy or sell. Through out membership in All Canadian Stock plus the facilities provided by a Chain of fourteen offices from Montreal to Victoria All connected by direct private wires we offer clients the most advantageous markets in which to do business each month we Issue an investment securities review which clients find useful because it them posted on prices interest and dividend yields and other matters of interest affecting securities. Invite you to write for a copy of the current Issue. James Richardson sons established 1857 367 main Street phone 923-131 Winnipeg executive offices Winnipeg branches Vancouver Victoria Calgary Edmonton Saskatoon Moos jaw Orth brings. Portage la Prairie current Ken ii Kingston Toronto. Monnt3 ;