Winnipeg Free Press

Winnipeg Free Press (Newspaper) - May 16, 1950, Winnipeg, Manitoba Winnipeg free press tuesday May 16, 1950 Page 17 late Spring will reduce Manitoba wheat acreage no seeding until june in flood area Long were Iol towed by which Winter weather backward cold Point created conditions to reduced wheat floods and excessive in the Eastern Parl in Manitoba this year the provincial department of agriculture Laid monday in its first crop of the season. The Survey said that these dictations held Good even with the earlier maturing rust resistant cheats. Given favourable it Barley and flax acreages will Chow an increase. More land to Likely to be seeding delayed disastrous precipitation _ of the province delay needing there the report said noting that seeding is Only now commencing at few Points. Even with the most favor Able will not he general until the week May 32. The report stated. Over much of the red River Valley to the Interlake it reported unlikely that much needing will be pos until the Early part june. Wintered Over crops reported to have come through satisfactorily although now there is an absence of growth in these plants. The report dealt with other phases of agricultural activity As follows livestock Winnipeg open july oct. 86vi May. July oct. May july oct. May livestock came Winter in Only fair through to poor the Grain futures Winnipeg tuesday May 16, 1850. High 137% 122% 87 Kab 1mb 122% Low ill 85% 143% 121% close 111% 93a 1 Prev. Close july oct. 154% Chicago May july sept. Dec. May july. Sept. Dec. May july. Sept. Dec. May july sept. Dec. 146% 131 i 76% 138 139% 142 to 146 a soy May july 294 nov. Jan. 219% Minneapolis May 234% july 238% 151 Tib 154v4b 154% 236% 219% 220% 148 147 141 b9v4 83% "6% 138 146% 294% 220 234% 223% 143% 138a 378% 346a 150b 143 122 378% 371% edition. There has been an acute of roughage throughout the province. Spring pig Farrow ing appear Normal with More kept Over. Were is to noted u and rattle 582.mm sheep and Bambi. And 4m head. Of cattle showed a per cent in crease while 6.4 per cent. More went to Market. Sheep and Lamb were Dawn 45.1 per cent., and hoi marketing Fri moved up 21.1 per cent. With further decreases expected due to floods egg production declined approximately 10 per cent and Chick hatching was Down 25 per cent without unusual mortal Ity. In flooded areas Chicks were the first to Suher. Main concern of dairymen in the province is the shortage of pasture this season. Production figures for the four months end ing april 30 showed a one per cent decrease in Creamery Butler output at pounds. Ched Dar cheese output dropped 21 per cent to pounds. Production of ice Cream was Down ten per cent to Gallons. Over wintered and packaged colonies of Are now. Making very slow Progress report Naid and imports of the packaged insects have been considerably reduced. May july eve i a 76 151% 233% 216% 216 a 217% 147 145 it 138 87% 75% 75% 135% 136% .319% 143v, 284% 285% 216 216% 232% 227% 79% 75% 152b 234% 154 139v4 130% 83% 147% 76% 75% 135% 144b @289 233% a 227% 76 76% 137% 139% 142% 218% 219% 234% 228% 80% 75% 36h 29 May july 133 135% 136% 136% 135% 138a Canadian wheat prices class one wheat Domestic 206 206 class two wheat . Export 206 class two wheat open Export 213 215 Canadian stocks Oiler Hammond too Husum Prev. Com much Low a Itobi comon 2s7i 2sh Abl till Iti up. 24 241, 34h 24li Acme Glove. By so Altama steel is. Alum. 65% Alum pfd.264i 36-31 amal s As Betti Asl Down a 15% Alai steel .-.sv4 Bathum a 2sk 29 Bathum b thib Beatty. 12 Bell Tel. 40% 41 Bertram a 17 Bertram b Biltmore a Biltmore b inv Job Blue Kishon torn Lili Blue ribbon 551 b Brazil inn 22 v 22. . Oil Ufi 26 . Oil pad 26v- . Foie St. 3s5 . Packers a 31 us Packer s b 7 7 a . Power a 29-Li 29 i . Power b 3s5 Brown 475 Brown pad. 105vi Bruck silk a my is truck silk b r in bldg. Prod.33 i Burlington Burns a 30 Burns h bursar re a 7h can. Bread 2401 can bread a pad 41hj can. Bread b pad can. Cement m can. Cement pad my so can. Dom sugar 21lj can. Foundries a can. Nor. Power can. Malting can. Packers a 34vj can. Packers b 25 25 i can. . Com. Can. . Pad. Can. Vinegars 131 can. Wire a b7b can. Wire b 35 35v can. Bakeries of Jones York 30 industrials 20 railroads Clow. 218.04 55.53 11.00 a.mww218.30 56.20 noon 218.34 56.23 1.00 pm. 218.74 56.32 2.00 . 218.99. Close 219.70 total Salei monday s Range open 30 industrials. 217.69 20 railroads. 55.56 -.5 utilities. 43.49 Toronto 20 ind s. 20 revious close 231.51 11.00 . 230.98 noon 230.86 1.00 . 230.83 . 231.06 close 231.55 25 35 3s 39 1 13 i 87b 35 i 9b Loob 18w 18% 15 39% 39b s la 2551 26b 405 17 151 is ids can. West lumber 480 485 475 Cockshutt cons. Bakeries cons. M a s cons. Paper consumer Gas Consumers Glass Davis a Davis b distillers Seal Dom. Bridie 16 s i 105u 105 a 24 23 24 164 1 25b 251 21 Zoli 23 a 45 i 23 to Dom. Coal pad. 20b Dom. Engineering 57a mixed Parley . 6 Row . B Row . 2 Rhiw . 2 Row . I Row feed feed feed . Yellow . Yellow fixed grains Allemande Leit Enorah Square Arthur Murray Way. 400 Adawi res Able o Board director of that com today declared the follow a per on the outstanding "a75 common Stock of the com payable on the 15th of june. Out Al the amount i on the 10th february 1950 to Shan Holden of record at May 31st, Coth an interim dividend of soc per share my the outstanding class a common Stock of the company payable on the 13th of june. 19so, to shareholders of record May 31st, 1950. 9r order of the Board. A. I. Simmons Secretary May Lith. 1mo. My Dock limited company notice is hereby Given tha a quarterly dividend of lie be on the class a shares o the company has been declared of the Quarter ending May 27th, 195 payable on the 15th of june 1950 to on record at the Closi of business on the 27th Day of maj the Transfer books will no be closed. By order of the Board. C. H. Mordy Secretary treasurer. Vancouver ., May 11, 1950. Foundries Glass Dom. Glass pad. Dom. Steel b Dom. Stores Dom. Tar Dom. Tar pad. Dom. Textile d. Text. Pad. Dom. Woollens Donnacona Dryden Eddy paper a elect rolex fair Liilo famous players Fanny Farmer fed. Brain com fed. Grain pad. Fleet Ford can. A foundation co. Fraser 30 a 35b 35 22 lib 9 in 39b is 170h 14v, x 11 j Jalloh 35-Li 303i so Nus 19 i 1914 23 i 23h 46 20b s5b 31 471ib 35 b 170 153 49 61 9 47i 1-13 133 l uneven Trade on cattle Mart seen continuing receipts at the Union Stock Yards St. Boniface up to nine . Tuesday cons i s Ted of 30 cattle 15 calves and 10 hogs to Jether with 105 cattle showing up on through Billing. The embargo placed on s h i p ments to the Yards last thursday was lifted monday but sufficient Ime has not elapsed to bring out any numbers livestock. Only a dribble of cattle was. On hand for tuesday s session. Due to the shortage of supplies sales were too few to establish any kind of a reliable trading session however buyers snapped up the Mere handful of cattle Al their disposal at unevenly stronger rates. There were Odd decent kill ing steers which crossed the scale costing from to while a Tew suitable cows Hull made from in otherwise general Market quotations were not of Stablish eco. It will take a Day or so f o i to Start rolling and it look As it slim receipts will feature the Trade for the balance of this week giant . God s u of Lavue Gold Eye Golden a Cunnar 37h Gold Mani. 270 Hall nor 3so a lard Rock has Aga Hiah Ridge Hollinger leva Gold Lomer . Losco Emvy old 61 b 45 t. Nickel Oburke oct que. 37 46v 4fi 37 37 46 500 200u 10% this will make for Market. A very uneven Bank stocks Ocler Hammond and Nan Lon Prev. He Fth Low Cost Bank Natl my 20b Bank of Commerce 1ss 2 it 25 Bank of m a 29 29 by of Noi n Scotia 41 Batik of Toronto Dominion 27 lib Imperial 31 i 31 w Boyal 40 2v i Sili is 27 i 27v to policyholders will Mili imm n All until pm duct it with you. Insurance 364 main St. Phone 925 221 s 17 in 272 350b 45 37 7h 10 4b 9 Ilvio 1100 500 Gatineau Gatineau Pelcl Loh Gatineau pad Llo a Gen. Steel wares Ihu . Is i was it 104 lib Goodyear Goodyear Poffi. Cart. Los paper 19m cart. Los. Pap it 4-1 us 44-t great West Coal 21 a. West saddlery a Gypsum 19 u Lavillon Bridge Harding carpels 9mi h. Smith 141-b Imperial Oil 27 2i Merial tobacco amp. Tobacco of 7u Nous acceptance 37h Oclus. Accept. Piffl 3ha it. Pond 475b no fwd of no. Metals a 30 morals pad 1041 no. Mall inc pad 102b no. Nickel no. Paper in Pele in l. Power utilities trading brisk As stocks move n slim Range 56.44 High 218.90 55.78 43.65 15 utilities 43.48 43.61 43.59 43.67 43.64 43.65 Low 216.87 55.39 43.35 close 218.04 55.53 43.48 golds 97.21 97.03 96.97 96.97 97.04 97.13 10 b. Total sales Metais 119.33 118.98 119.12 119.48 119.54 119.86 15 w. Oils 70.5t 70.3f 70.7s 70.57 Western oils Ell Chardon Soni Prev Clow m a. Con. 3r Anaconda 13 Anglo can. 485 Atlantic 18i Brit. Dom. 2s suit. Emp. 39 29 i 40 c e corp. 780 Calm. Oils ski Cal North k Central l. 139 coastal is command 30b Cammil com. Pete. 150h on. Home 5 vice Oil can. 57jcb 59 Dalhousie .40 Davies Pelc. 2sli Denalta 3fi Ufi Del Rio so so East of est Fiti 70 1s3 29 136 67 near Montgomery Ward Nash Kelv. New. Mir. Corp. Cell. . Radio c. Of a. Safeway stores sch. Disc. Corp. Sears Roebuck. Simmons co. Standard Oil Sunray Oil corp . Aircraft . Rubber . Steel Westinghouse Woolworth s 69 4 34 i Rel 75 51v, 84 5171 44 i 58 it 20 36% 35 i 34 79-v, 75 i 49% 83 44% 58 20 351 1371 20 i 4451 30 729 13vi 43 31% 34 u 43 73 a 43 32 u 34v. 75-1, k4 515i 441 581 20 13v 33 i 30 45 30 i 73v 131 30 43 32 34 t 481 200 1000 300 500 200 1000 5600 1000 1000 6700 9700 dividends Powell River co., 50 cents quarterly Coupon no. 22, extra dividend june 15, sex Coupon Jun country marketing monday year ago wheat c. Grains Ciri loaded wheat 276 313 c. Grains 53 Canadian wire class a class is Cable company b 50 cents interim dividend payable june 15 to shareholders of record May 31 and May 3d. Toronto prices moved May 16 narrowly up in brisk trading on the Toronto Stock Exchange tuesday. Penny prospects rated heavily to account for most the heavy turnover. Volume was shares. Leading Industrial stocks tended fractionally lower for a second successive session. Highly speculative Gold stocks rated heavily for some Good gains 3ase metals recovered Early de Clines Western oils also brightened Federated Petroleum and Superior Oil sold new highs. The group opened quietly and firmed steadily As the session progressed. Mixed trend Montreal May 16 up trends were about mixed in Active trading near the final hour on the Montreal Stock Exchange and curb Market. Industrial futures Trade remains quiet exports heavy trading continued quietly tues Day at the Winnipeg Grain Exchange. Modest shipping demand appeared in Oats and Barley and there was some Light. Hedging in near by contracts. Balance of Trade consisted of local and commit scion House buying and Selling with the Market remaining steady throughout the session. Heavy Export were reported involving a total of bushels. The largest assign ment was made to the United kingdom which was allocated bushels. The Only other assignment was to Eire with a total of 60.000 bushels. At the close of the Winnipeg Market tuesday prices ranged As follows Oats up 5-8 to unchanged Barley up it to Down 1-8 Rye Down 2 3-s to 2 and Ilax. Unchanged. Volume was 14. Associated Telegraph and Tele phone co., 56 first preferred quarterly payable july 1 share holders of record june 1. Viceroy manufacturing company 20 cents june 15, record june 1. Canada malting cents payable june june 14. Company 50 15, sex Coupon distillers ltd., 30 cents june 15, record May 25. H. Ashdown hardware company class a 15 cents july 1, record june 10. Globe Oil company., 2 cents june 1, record May 15. . Forest products ltd., 15 cents aug. 1, sex Coupon july 31. Donohue Brothers ltd., 25 cents quarterly plus special dividend of 50 cents a share payable june 1 to shareholders record May 15. Madsen red Lake Gold mines five cents payable june 15 to shareholders of record May 15. Home Oil co., 25 cents payable tune 15 loot record Mav 15. Shares. Mines were again actively traded with a volume of shares. Gains and losses wore minor fractions with the Odd Issue mov no around a Point. The majority of issues traded in the Industrial Section were softer with utilities and senior oils Call ing in line. Papers were Strong in selected group. Mines and Western oils were irregular with changes generally amounting to pennies. Up As strike ends new York May 16 Cap Railroad shares greeted the end of the strike with a quiet show of strength the strike settlement also Haa a mildly tonic effect on the bal Ance of the Market a Large number of leading stocks changed hands at gains of fractions to around a Point. Trading was faster than Mon Day. Which was one of the slowest markets in a couple of months but still nothing to get excited about. Government funds up London May 16 Reuters Small Public and institutional sup port created Many rises in Bri Tish government funds tuesday All classes of issues were supported to close with gains of up to per cent. Elsewhere in the London Stock Exchange the trading period ended quietly and with some irregular Ity in Price movements. Trading in consisting of tons. Rye was very Light Small local transact record wheat cargo fort William May 16 paving 1 pains pad. 12 radio 514 can 23 b can. Pad. 24% 335 p. Com. P. Pad. Tailors 181-Il 2-14 Elev 91ib finance a 32% i is 4 86 finance b 27b 49 Fin pad 95b 91 Gas 171ib 1 can a 26 in 145 can b 27b 60 290 2ooo 290 fuel a my s United fuel b 20vib 100 300 Soo 55b sheol walkers 43 i 4 Groc r95 695 Croc a Niliba 915 Groc pad so Weston 27 309 Weston pad Loova -11w elec com 36h 3 130 elec pad 1 and Dauch 1 june 25 cents jul 31. 51b 55 a 55 it 191 fish is 25qb 24 a 15b 22b 34ssi b 29 v 24 v4 9su 21 20 i 42b 32 16b 120a 22b 94 a Job 33b 5 lib 24 i file lib is Vil 32 i 27b 59 17v.b 1mb or co., o 3, record 4 year 6 month 3% Bonds due 15th december 1954 non callable to maturity denominations and Issue Price 99.80% yielding about 2.05% to maturity delivery on or about 15th june 1950 18 year Bonds due 15th june 1968 callable on or after 15th june 1967 denominations and Issue Price 99.50% yielding about 2.79% to maturity delivery on or about 15th june 1950 dated and bearing interest from 15th june 1950 interest payable 15th. June and december principal and interest payable in lawful Money of Canada. Principal payable at any Agency of Bank of Canada. Interest payable at any Branch in Canada of any chartered Bank without charge. Bonds May be registered As to principal or As to principal and interest. Subscriptions May be made to Bank of Canada Ottawa through any investment dealer eligible to act As a primary distributor or through any Bank in Canada. The proceeds of this loan will be used by the government Tor the redemption of funded debt which has been called for payment on 1st and 15th june 1950, in the amount of the minister of finance reserves the right to accept or reject in whole or in part any subscriptions for either maturity or the books of the loan will open on 13th May. 1950, and will close in either maturity or both with or without notice at. The discretion of the minister of finance. Ottawa 15th May 1950 ;