The Winnipeg Tribune from Winnipeg, Manitoba, Canada • Page 16

I 16 TIIE WINNIPEG EVENING TRIBUNE, TUESDAY, JULY 31, VJS3 STOCKS, BONDS AND MONTREAL MART IS DULL AFFAIR Several Factors Indicate Ac tivity and Strength Would Follow Constructive News wlnl to The Trtbnnrl MONTKUAU July 31 Trailing 1n listed shares on local stnrk market yesterday, while. mors active than any session of last week, v. aa asaln a dull afalr. and carried on in a very narrow range of lnuea. In which Inrses were In excess of calns.

Of the 37 Issua that made their appearance on the board during the session, 10 gained ground with the greatest advance one of 6 points: 13 Issues suffered losses, with the greatest recession one of IS points; i Issues remained unchanged from their previoua closing prices, while 12 issues came, out In broken lots only. Quebeo Tcrwer stock officially listed nn the local exchange yesterday morning. While no transactions occurred in the early trading thia Issue was bid St. At the ratio of one share Quebec Power for four shares Quebeo Railway, It was somewhat surprising that the railway stock was easier this morning, falling below Saturday's prlco for a new low at while a small lot 'sold at 16ij. The earning the Canadian Pad flo Railway for the month of June are evidence of Increased business activity are a reassuring factor In view of th.

depressed condition of the local, and New York Stock exchanges. The 1 earnings of the C.P.R. have been increasing every month thti year, with tha exception of February, and this month both as regards gross and net earnings. Report received from United States railways Indicate that their earnings are also running at higher levels than thore of a year ago. The bond market has marked time during the past week In expectation of the sale of the Canadian National Hallway equipment issue for (22.COO.OOO.

Trading la negligible, with prices steady at levels slightly lower than those prevailing In June. An analysis of 20 representative bonds shows their prlcea July 16 to be from 1 to 3 points higher than on the same date last year. The consensus of opinion Is that prices of bonds will go higher In the fall. The total of bonds Issued In Canada during the first three months of this year was more than for tha same period In 1923, but amce that time the volume has fallen off considerably and the Issues is 1921 todate are somewhat less than last year. Many financial men believe the tendency towarda fewer la, sues will continue and aid in holding up prices.

The new issue ut Canadian National railway bonds Is tho only one of equipment bones when boa been sold In Canada for many years. The usual practice In the issue of railway equipment bond la to make a part payment for tha equipment in cash and Issue bonds for tha balance. This method of financing gives equipment security a hleh standard In money marietta especially at the bonds are retired aerially. In this case an additional attraction lijs In the fart that the bonds are guaranteed by the Do minion of Canada. The shortage of skilled labor for building construction In Canada has been a ral factor in tying up many Urge projects that would otherwise have gone ahead, according to contractor and builders.

In asking the Dominion government to take Immediate step, to promote Immigration, from lireat Britain especially, of skilled artisans in the building trades, the contracting and building industries of Canada are trying to r.emcdy a situation I hat has become very troublesome. SUGAR PRICES ASE OFF AT VANCOUVER (Special te The Tribune VANCOUVER B.C., July II. Sugur uropiwd 15 a hundred pounda in all grade. Monday, making the new bums on granuluted. to the retailer at (10.

Cheese puces are advanced. Alberta aolliis are up a cent to 11. New prica on Ontario solids ls J3Va, with twins and triplets up a half In each instance, U.C. cheese is 22 for nulids and respectively for the other sizes. Smoked meats Dacon plain, 82; choice buck, 29; peameul buck, 81; dry salt bnek, 24.

Hums cooked, 40 to 42; boneless, 14 to ii; picnics, 18; rolled shoulder, to. COTTON (W. E. Ilettl Co. Mil NRW 01lrC, Julr $1 fiatlafactory ahorta covarecl ycitcrtlar on Incrraaed wvi reporta frr.ni eaatarn bait ana on tha belief iiifti I'txn rainfall haa been InaufTictent.

There haa been no Improve luent In tha lr gooxXu attuatlon ami mil. curtailmtnt la atea Hiy luTcaainK. OutKia of the cotton market comluinna eoniitiua unsettled anl builiah ar tu titenta on cotton at preacnt ara Itaa num roua than baariah onea. Lata cuttoa enhlea about n.eat our rlota of yaMortJay, Kalna a.it tf tha river, but atlll dry Ih autlinval. With kov rttmciit rtport due tomorrow tha market today win probably niova within narrow rarnre (Carter.) PRESIDENT'S CONDITION 1 AFFECTS WALL STREET NEW TOIIK, July SI.

Official over Blh reports that PreUdeat liardlin 'i eondltloa was grave brought a large velum, of sailing ordsra lnta today's stork mniicet stir) cauaed a hreaV of .1 a. 8 point, la United States Steel, Stude fcaker, Ualdwla and ether speculative leadsra METAL MARKETS NEW YORK. Jirty 31 Copper steady; electrolytic, spot and fu tares, 14 to 14. Tin. firm, spot and futures 3S.

lion, steady. No. 1 Northern, 28 to 27: No. 2 Northern J25 to 26; No. 2 Southern 24 In Lead steady, spot $6.50.

Zinc, firm. East F.t. Louis spot and nearby delivery tt.iC a $6.35. Antimony, pot $7.45 At London: Standard copper, spot ttS 15a lutures, tt electro Ijtro. spot, 73 fa, futures, 72 tin, spot, 185; futures, 156.

Lead, spot, 24 It. futures, 24 6s. Zinc, spot, 21 12s. futures, 31 10s. I I EXCHANGE TdDAY.

l'nlt1 Bftp dollar command, premium of 9 32 at luciil banks. Foreign Money lay' l'rlc Niimal pniin.l torllnf $4 6 3 Krench franc 6 A ly 3 ItWjrian franc 6 (0 1' 3 Italian lira 4 1 3 i.trninn mark .1 003 ii Ilniiaml 40 4 4u.O. Nnrnei nn crow 16 3 Ji? 0 FwtMiinh. crowa 43 'si' 3 J' a 1 4 72 195 Sw ism franc 1 42 1 3 1 i own 1 3 e0 HuiiKarlan rovrn .007 17 MILLIONS OF REVENUE JUMP Customt and Excise Figures For Four Months Are Encouraging OTTAWA. 31 There has been an Increase of over tl7.C0fJ.00O In the cus and exi lse revenue of the Dominion for the four months of the current f.Hcal year which ends according to returns available at the department here.

For the month of July alone the Increase over last July was over three millions. The lamest part of the Increase Is In the revenue from the sales ta and other excise taxes. The total revenuo of the department of custom an dexclao for the four months this year was as compared with $81.741 .727 for the similar period last year. The sales tax end filter excise taxes brought in $40,100,. 70S in the four months this year, as crmpared with II5.61S.2or, last year.

The incase In customs duties for the four months was $2,145. 027, the total customs revenue this year being ltd. 335, 231. The revenue fioin the excise duties on spirits and tobacco was SI an Increase ft the four months of For the month of July alone the sales arid other exclso taxes produced 111, an Increase over July, 11(22, of 094, 059. Tho customs duties for the month were tll.29l.2i4, an increase of only a little over tlO.000.

while the ex cIm. duties on spirits and tobaccos totalled 13.447. 3r.5, an increase of 1191,145 over July, BOND PRICES July 31, 1923. Allan. Killmsn Si McKay, l.t.l furnish tli.

following approximate bond quotations: Prerts letters sre Mcodvs ratings. xM.ans rating not ytt issued. I'rlc. Tleld Aa Alberts, 6. 1043 B7 .50 5.140 l.aa Uelso c'ana'ltnn.

6, 1943 ft') 00 6 10 Aa HrHndon, 5, lsjil4 6.50 Una liny sulphite, 11143 07.75 6 70 Can. Paperl.oaril. 7. HU7 100 00 7.00 Aa Can. nniotiva, 6, l'J51 100.00 6 00 Asa Can.

Cons, itubber, 6, 1946 102.55 8 80 Baa Clyde A Klaalboo Pulp, 6V, 1943 100 00 6.50 Aaa Dom. of an. iuar. c. il.) 6, 8 10 5 21 '5 55 7 SO Aa Edmonton flchls.

SVt. '13 Ha Eraser Companies, H. '41 106.95 A 'rnnc. (Credit Nations!) I 6. 1919 lame, per deli.

600 frame S3 68 Aaa Hull, 195S 102.20 A Jamaica Pub. Service, G'A. l'J4J 100.00 6 50 Aaa Imperial Tobacco, 7t4 1971 118 38 A LelMiridge. 4'. 1942..

83 37 Asa Montreal Hr houis, 4, '61 81.63 Aaa Uanltoha (Guar, N.H.) 4, 1930 92 S3 Aa. Manitoba, 5, 1913 76 Aa S. Bteel, 6, per 60 50 a Nor. can. Power, 64, 1938 91 A Ont.

Tranitnliiilon, 6, '45 97.40 Ana New luiinawlt 5, 1943 100.00 Aaa Ontario, B'i. 1942 104 91 Price liro. 6. 1943 100.00 A fans. 5.

1919 l.aua. par cleh. 500 francs 88 90 riaa Qucl.cc Hallway, 5, 1i39 82 75 A (juclieo tcity) 5, 195.4.. 99 25 Aaa Sherlirook 6, 1931 103 8a Aaa Toronlo. 6.

serial Aa RRRkati hewau, 5, 194.3. 98.76 Stewiirt Tarmlnals, serial A Windsor Hotel, 1943 100 00 Aaa Winnipeg, 6. 1950 111.75 Ua Walmaley, I hu 6, 1943 97 25 A Wetarn Power, 8, 1(M9 87 St) Aaa Wpif w.ter 8, 1J 97 53 A Wpx Klec. 6. 1943 96 00 6 40 6.00 S.25 5 25 5.10 6 63 55 5 20 5.00 5 10 600 6 75 5 05 5.40 10 5 10 .6 53 6 83 6 50 6 20 6 23 8 95 5 20 635 5 37 4 94 'I 72 4 84 fi 4.75 4 74 4 76 4.74 3 13 si; Ana CsnaUlan Victory Donils, 1923 100 45 1h'J4 I ''27 1933 1934 1937 Ann War Loan I'onds 1925 1931 1937 Ana llenewal Loan BS 127 I9i2 1(10 80 104 15 105.

J5 104 25 107.75 100 AO 10! ftO 102 70 101 50 iO FAIRLY ACTIVE TRADING ON STANDARD MINING EX. TORONTO, July SI. Trading; con tinned fnlrly active at today's aesHlon of the mlninic exchanne. sales (mailing 1M.300 shares. Several Issues, howi ver registered declines.

Argonaut, whir a few weeks ago win heavily traded In following announcements marie at the annual meeting, sr.ld down 1 points to S5. Goldale was off a half at t.3Vi. while Lake Shore dropped a point at 3. J4 Trek Hughes, afler owning 2 points higher at K'9, dropped to 123 at the noon close. Over n.otio shntls were in.

In the silvers Crown Ilcavrvs at 09 a one point decline. MINING STOCKS (McUougall A Cr.watu) Tolto.NTi). 41. Oold Argrrnaut AlUa llaltlwln Jlr atly Ktirktnitham Clifton Columbus it Conir. w.

l). Lake Puvuiaon Cuna. Ucef Haiti 111.1. AaUrd. 4 7 14 IS 10 11 17 1J 12a it Sa (1 IS 2'i IS'i 17 11S 'J 11a 531 SSX Jai sis 10.70 17 is in 43 41 lilt, It i i 12J 124 I Ida 11 II is 1,0 31 :4 3 it is 4 Hillltr.n, a KItUUikI I.uku I.

nke MlKie Mr lrityre Moni'ta Nowmy I'ri atim K. Hchumarh'T Trrr UugheS VVakTHlA Wwaapika Con. Vt Tree WrlRht llargreavca Bliver Iteriv er i 'on. Caetlo Trcihewey Crown Jteteive K( ely a Hoae MrK tnley Darragh Corp IIHHHing llphlr TomtKkamlng Trethawey TORONTO LIVESTOCK TOrtONTO, July 31. livestock trade ry slow.

Hi aw beef steers Calves steady at $10. Ml. Sheep to cents lower. Hogs, top MONTREAL I.n'ESTOf WONTIiKAU July 31 I.lveatAe a eslpta poor. Trading slow and steady.

FINANCE PRESSURE AGAIN FELT ON WALL ST. Conflicting Price Movements Jake Place at New York Opening NEW Juty SI, Conflicting price movement tooK place tt the nponlnn of today's ntncK ninrket. Boiling piessur. was aKaln niiplled to the oils and north went urn rails, most of which opetit fractionally lower. Hildwin.

Vamoui I'layers and Dupont enrh dropped more than a point, while Ptwle hfiker. Stroniherjr ami Mack Truck reic Istercd minor reexMons. United Rtatts Steel rallied tllKhtly and Hock Ialand and Cerro de 2'aico each advanced a point. 1'rlcei recovered tllRhtly from their early lows but trading became extremely dull on the rally. Just before noon another nave of aellinf orders awvpt Into the market and carried prices downward attain with selling pressure concentrated on the oils, steels, equipments, motors and motor accessories.

Marland oil broke 34 points and Cosden 3 '4. the latter touch 31 1 a new low record. Additional new lows were established by Missouri Paclflq common and preferred, Cruclclle Stel preferred and Cuba Can Sugar. Ifaldwln and the lan American Issues extended their losses to 2 points each. Call money opened at six percent.

NEW YORK CLOSE (Olark and Martin) Open High OoDtier fttorka Law Close Amwrican timaltars F4 3H'4 37 2ft It 2H 32 fit4 41.14 144 Vs St6 57 5A 2H4 6714 40 73 4J 2014 85 31 11 10 IhH 5 100 '4 62 S414 111H 60 11014 47 4 100H t4 36H 47 13i 37H HVi t'l 7H 30 1H4 32 Aaaconrla 37 28 33 S9 Oirrj da Chile Inspiration. Krnnpcutt SJ1, 9S 32 94 4 fit 1441, Srt 65 2H'4 Sfii4 3 1 724 20V4 85 31 11 27 1251, Hallroad Rtocks At. fan. I'ar'fle Hall. 11S'4 N.

T. Central fhesrrp. (It. Northern Mlas. I'ucl rti3 Mm Mlafl.

rar lfic ptrl. Northern 1'arlflc. I'ero Iten'Ung llor lalnTKl Houthern I' velflc. Southern ity. tt.

i'eul coin. M. l'aul iM. t'nton 1'acltlo Krle com Mifa. Kan.

A Tr x. Kana. fit i.iu'.h. I.ehlnh Vnllry Norfolk fhlr.isri Wahaah 2H 41 tAH 2.1 So 3v; i 17 2K4 12014 Bf if 2h 5H 41 74 22 17 2HH 11 10 6 100 100', IOO14 14 11114 2r) 2514 Eriulprnent Htocka Am. 6fl Witt ltalilwln I.oi o.

H414 114 I.lma Locomotive 00 I'llllnian Co 11014 Motor Stocki Chandler Slu.lehakrr Hteaart Tlmken Holl. Hrg White Hencral Motots alexwrll Motor A Msxwell Motor 11 Muck Trur Willy, Oil Blocks Coailcn Cal. l'etroleum 1'aclfie oil I'atrol. 1'an Amerlcnn t'aa American lloyal Uutcli Hlii. Iair ('one.

of Cal Ptan.l. oil of J. T.iaa Co Houaton lnvin 11.1, MlddleHtatf, Oli. 1'rod. A Kenners.

Hteel Storks nnhl.hem I'rurllils Oulf States Kteel Hep. lro H'llosle U. S. Hteel 47 8214 134 S04 3S 21H St. 4 63 '4 41 22 4714 31 40 4214 2a 4514 6'J 7 41S 10'4 21S 6b "4 54 42 2214 4714 31 40 42 4 8H 4514 61 714 42 10 a 4RH 4R lOZ'l 102 B5 85 3M4j 47S 13, 13', 37 37 U'a 71 13 7 S3 14 S3t, 1H IBS 321, A 22 fi 57 571, 22 22 '4 314 31 40', 40', 44 1, 44 fs 30S 30 46 '4 46 61 61 tHi fi8i 41 42, 11 11 8744 85 Itnhber Rtorka.

86 30 4 44. 401, 28 Vi i 42 58 24 47 rny epnngneld. Keralone Tue V. H. Mugnr Htor ka Am.

Hret fiikar. folia Cane SiirsY. 1'unta Alesre Am. Hugar Co. Cut.

an Am. fugar Tohacco Stock Tolmcco Tohacio Pro. Cotia. Cigar Co. Miscellaneous Alltt.l flicinical.

4014 24 '4 4S 24 47 87 SO 4fc 41 41V4 81 41 6h fu 21', 2114 47 47(4 ''H '4 il IR'ik I714 121 i HIS 32 14 4514 41', 1)7 117i' 8544 27 70 71 104 IL 2'4 '51. 45', ri 17 17(4 t. r.t fis 11 7) 71(4 72 K'Vi int. lienersl A.i.ha.t 114 19 2' 1J '4 87 Am. Tel.

JliJ Am. to lunitU 2 14 t'ontltientnl fan Pro lii ta 1'avUon 1 'hemic, 1 irnoua f'lavra r'renort Ttiat I'onn. ''ntral In. I. Alcohol Ii VarSn.

rir'nt Nor. Ore I ure 1. s. ra xa fiuit n.ilptl. lthnu,) ice Am Woollen Co'.

Atlantic foilip. Tub. Int. Itnrvcater Int. Mci'l 13 ft niy 11114 0 70 VJ 10; ISO', 172 71 60 4 2vt 1114 70 73 121.

17 ST 5 11 73 SHIPPING BTP P. larkson. l'rana Muncy, 8 Ma'rsala. 8 SO 1'ilnn, NewhnM. 10; V.l.

art r. lay, llayton. Clark. Canadian Engineer. 8, nieh.

Kontana, 8 30 1. Rlrharrlaon, 8 pm. Monday: Slick. Watton. Alberta 0.

It: Muter. I'nr um, 1 0: Corrr. linrh vr.nH... Ittrlt? irtiar. trt.

bora. 4. CHANGE RINGERS IN ANNIVERSARY (Suerial to The Tribune) I.OVDOV Tlnllln iii.iii nn riartB of the country gathered nt Saffron Wnlden recently to take part In the 30uth annlversnrv fntivni r.r tho P.ifTron Walden Society of Hlnger. Jt claims to be the oldest society of hell rlnpcrs In a claim which rests nn the fit on Juno 7. the Kiffrnn AValden bell rlnirora wrr.

left lef 0V by Thomas Turner, a Inr rcc 1 lost ay In the der.re 'woodlands ajjity i but renched s.ifjtv by f.il'r.wlriT the gound of the iwtr'rh bcKs. In trrr.i.iuu'j ir li deliverance he hnie a yearly rum to the rinrets, vlth tne I'jptilutinn thtt on that dato epch year tl ey ehould ring a poal on the church t.n.i t.t..B a Bjiccfr.l gennon. lu. r.cr left suitable sums to the prr. chor nrd to t'e uhurch clerk for oprnhijr the, On the frstiva dcy the bell rlntrera' friends were given a pul lic dinner by the townspeople, and the mayor and mayoress held a reception, In tlu town hull.

NEW VOKK KXrilAXC.E NEW YORK. July Slsiri tin e. change eay; demand rates: Great Britain. $4 St; France, 5 H2 rents; It y. a cents: Oerniany.

Canadian dUrs, 2 3 32 percent discount. MONTREAL CLOSE MONTREAL, July Jl. Trading today nu evhieiK ai of any change In the siugishm which tuts pervaded lately, lliazillau and Montreal Power vein ex dividtnd. The former sold down lij points to wlillo tli latter was ull i to HSU. (Ut 'Dougall and Cowansl uian IUkU Ctnae A.

Maclionald 6 8 Ai.itiht 6 ea Aaueatos Corp. 6014 baoealos Corp. pr. 76 76 Atlantic cluiiar 10 li K. Sier.1 a 8 Hell Telephone ..122 12214 Urasil.

Tiar. U. 4544 4bl liruiupton l'apr, 3m, 3S4 Canada. Car 2ri 2tt Can. Car pr 77 77 Can fiteanisliipa 14 14 76 15 76 15 It 28 77 14 Mi loa 80 Vl 104 28 87 101 63 91 7014 18 64 68 93 23 77 14 4614 109 BO 4 104 28 87 101 63 91 7014 1HV.

64 68 93 Can. Kteama. 46 4IS14 Canada Cotton 10U 10 Can. Ceiiieiil, B0 14 8014 Carl. Cement 104 lioillln.

Canners 'dH 2H Can. Convenors 871a 87 Can. Gen. Kiac.101 101 liupiln. HrW.a .,63 63 liomlnion tllasa 91 tli l'olrolt L'nilad 7014 7014 U.K.

bteel 2ml pr. 18Va ly Duinln. Textile 64 b4 Howard Hiiiltn 6d 64 Lautentlrle 94 f5 Lake of Woods. 170 170 170 170 Montreal I'. XU.118A 118H 118V.

11814 Nat. br.wcrle. 47 47V. 47V. 47 1'fllvl, 2720 Penman's 149b P.

l.yall 2014 2014 20V, Wtisl.se Hy 18 1S 171i Ht I I. 2014 17S 55 Shawinlgan I 115V4 115V4 115H fmelteia 25 2514 25 2514 Hi. an, ah Itiver 85 '4 8514 8544 854 Hpan. Uiver B5V4 8514 5 95 Hteel of Canada. 69 64 69 69 Steel of Can 10014 100V4 100V4 Winnipeg Klec.

34 34 34 34 WuyaHinack 47V4 47V4 47V4 4714 War Loan, 1931 101.32 101.32 101 32 101.33 victory Loans 514 1112 102 50 11'27 103 00 1:137 107.80 1U2S 100 20 105 50 1924 100 60 1934 103.10 102 50 102 50 10" 20 103 00 103 00 103 00 107.80 107 80 107 80 100 20 100 20 pro 20 105 50 103 50 105 SO 100 60 100 60 100 60 163.10 103.10 103.10 WONTJtKAl RAIJCH (rteportod t.y i'IioiikoII A Cowans Atlantic Sugar 10 at 16. 25 at 15. Hill Telephone 17 at 122. 50 at 122V4. Uraill, tx.

dv. 45 at 4544, 10 at 4614, 25 at 454. Urompton Paper 45 at 38 4, 25 at 3814. Can. Htenmship.

75 at 14. Pref 31 at 46. 80 at 4614, 155 at 45. can. Car Foundry pref.

90 at 77. onaolidatcd Mining 5 nt 25, 8 at 2514. Howard Frnlth 40 at 68. Pref 25 at 102. Prtiott t'nlted 50 at 70V4.

K. Hteel 2nd pref 125 at 18V4, 90 at 19. l'omlnlon Textile 216 at 64. II U. Hteel eom 200 at 8.

Twin City 45 at 70, 96 at 70. Liuirrntlde 25 at 93. Tu.kett'a 75 at I rire Plroa. 23 at 43. Montreal Power, ex.

rtlv. 5 St 11814. National Hrewer'c a 10 at 47Vi. Abltll.l Paper 35 at 39, 25 at S844. 50 KQIl qo RDc Ottnwa rower 10 at 84.

nr. Maurice 2S at 100. (jurl.ee Ity. lhO at 18. 25 at 19, iS at 17, 25 at 7i.

10 at 17H. Asueaine 5 at 50 liver iei. tu 3 lO St 9314, Shawinlgan 42 nt 11514. 50 at 11514. iiiiinii i.i.ii ni o.J IV III D.lt, Etcel of fanndn 50 at 69, 100 at 69.

l'ref. 5 at 100. War Loon. 19311,000 at 101 32. Victory Loan, 1932 2.000 at 102 59.

19274.000 at 103 1W3 8 000 at 100.20. 1 1334 000 at 105 50. 4.000 at, 100 60. 1SS4 11.000 at 103 10. Vnlon Pack 1 at 11614.

Uank of fnmmercs 2 at 194. I WINNIPEG STOCKS 1 WlNNirTO. July Jl Listed stocks Can. Klre Ins. Co.

Can. I'aclflc Ily Oreat 'West Life As. Hume Invest Savings As. Northern Ml' Fully paid N'orlhern Ml' 60 paid Northern Trusts Co Itoynl Hank of Canada Standard Trusts Co t'nion riank of Vpg. Klectrlo Ity Co.

pref. Wpg. Klectrlo Ry Co I'nllsted ato4ts fieaver Lumler Co. Amor. Oil Co Ltd.

Crescent Creamery Co. Home Hank of North Star nil Co. Sterling Hank of Traders' Building Western Grocers, pref Bid Asked 140 1 47 4 130 13B 101 US 0 110 117 117 31 IVi SI i 74 63 1M III 60 WAR LOANS, Rata 6 percent. 1925 'Ml 101 30 101.70 1M 102.70 WAR LOAN RENEWALS, Bi percent. ll sr.

19.12 102 in VICTOKY LOANS, 6'4 'percent. 1021 100 30 1M2I 1H27 19.11 1014 10. .7 100 70 10.1 10 100 2.1 101 15 100 80 103.25 107.70 Quotations on VlctoVy" Bonds ara for 11.000 donominatlr.ne. SALES British 'Amer. Oil, 6 at 24.

r.rf l.ooo nt 102 .70. 600 aPlOJ 70 10241.000 at 1927 J.ir.o at tin 15, J50 at 103.15. 134 200 at 103 20. 1M7 5'4, 300 at 107.711. 1032 Uenewals, 600 at 101.28.

LEGlblTLlooklNG FOR LOST HERO Lad Sentenced For Deserting Post Makes Name Afterwards rftpeelnl Ths Trlhnnel NOIITHAMPTON' The aid of tha British Leclon. the great organization of ex soldlera. haa been Invoked to discover the whereabouts of a man Whnan nne. V. I ln UB eiruiiga ss any on record.

The rptiucst for aid ue. mans Dy sir. Cameron Lhlshcilm. who was a captain In the 1st Battalion Northamptonshire regiment. Captain Chlsholm, In giving; the Mnry, atates that during trench patrol between 2 and 4 o'clock ono morning he found this man, then a boy of 19.

nsleep nt his post In one of the fire hays In pursuance of his duty he had him placed tinder arrest. The lad was couit martinlled and sentenced in ii i ii. lieallz.ng that sheer phj nlcn! exhaustion hart cnuaed tho Capt. Chlshnlm. by permission of his colonel, sent In a special pica which had tho effect of geltlm? the death Ben tenco suspended, and some una afterwards the lad's gallantry an emergency brought the quashing of the death sentence.

In a later battle tho bev dli 'ilaved even itrcat gallantry. Under terrific shell Are volunteered to cany a message to the portion of the regiment In front of Itullnn headquarters lie succeeded In getting through ami returned with a reply that was of trrent lr. With many others Capt. Chisliolm a abort time later was taken prisnnor. He had, however, recommended the yotmg aoldler for the Ictorln Cross.

After his capture nothing further waa done In the matter. lAIllJ noiKSR JU' SI Vrlrea wrrn wenV the hour t. dHT. Thrte percent rentes. lrfindon 78 frnncs vrrl J0V' 60 entlme The francs 13 centimes, M.

BUSINESS ON SOLID FOOTING Federal Reserve Board Points to Heavy Rail Traffic as 1 Indication VUwed In 1ti broailut apert business at tlit preacnt Km Is on a sub stantlal basis and, making allowances for tli seasonal si urn p. is as roo4 as It was In xnldwintsr and almost readies tha his). mark of ttis lata sprinii. This Is Ilia conclusion of tha FMtrat neaarva board after Its latest perlollraI survey anibraclns; transportation, tura, nianuiacturfna, wholesaln and retail trat as well as banking; and credit, with which daala every day In tha year. Analyftle of Tllxh Taints Tha hint, points of this bird's eye Tlaw of business In the United States on the aide of prosperity are: 1.

Except tonally hrary freight ship menta through June and July, one week's traftlo being tha lieavltat In tlie history of American rallroiiding. B. Km ploy men generally ts maintain ed, although there has been some con traction In Imluatry, particularly In the New England States. The volume of both wholesale and retail trade continues unusually heavy, that for June far exceeding the June badness of laet year. 4.

of bank eredtt In use about up to May level in spite recent cash withdrawals for Income tax payments. 5. Bumper cotton and wheat crops, with only alight reduction Th corn crop. Prlcea nt all these products are down, however. The Bar erne Hide On the other ham! the board finds that the production of baelo toiiunodttlea, steel, coal, and the like declined In June and July.

This production was about 4 percent under that for alar and waa at mid winter level. Wheat and cotton prices were decided ly down, affecting the purchasing power ot great cotton and wheat producing aectlona of the south and west. Wholesale and retail prices of commodities showed general price decline which does not necessarily mean less profitable business, hottever. Mill consumption of cotton, steel and sugar, showed particularly large reductions, during the last two months, though apart from New England the board does not flriH unemployment worthy of note. va.ue or permits mr new building and of contracts awarded declined in June roore than Is usual In that season, due probably, to the eiccsive building costs.

SWEEPSTAKES LETTERS HELD Iftperlal to Ths Tiibunr LONDON' Over a ouarter of a million letters were stopped in tho post In connection with an alleged Illegal sweepstake, It waa stated at Marlborough at. court. David Charles OMerat. clerk. Rnr.

well road, Shepherd's Bush, was sum moned for publishing and circulating aweepsinr.e at itr gent St. In con nection with th Dtipiran'a Dublin weepstake on the Derby run. In connection with this sweenitnV. ald Mr. Howe, prosecuting, 2D1.2C8 letter were stopped In tho post, 80, 64 of which were nostad In Irpl.imi This probably renrpsntrt fraction of those that ffnt thrnnr the post.

Defendant employed 4i to 47 frirls to address envelopes. lowaraa the end of March, continued Mr. Rows, the letters hurt ne. cumulated to such nn extent that ten funnier cars were hired, at a cost of 102, to take them aw.iv nn.i r.nt them over the whole Metropolitan area. Kour of the cara went as far as Mr.

Howe said the amount ih. prliea totalled It was siirl the eweenstake. was In niri Dublin Meath hospital, but what became of the hundreds and thmi.in,i. of pounds which had been in excess of the prize money? There waa no balance sheet and no audit. A amount would jr0 to the hosriital with a (Treat flourish of trumpets.

The surplus, Mr. Howe suggested, would be surreptitiously pocketed by the promoters. It was Bald thut the prize money had been lodged In a bark by the acting Lord Mayor of Dublin. ine neanng was adjourned. WAR SERVICE TO RESCUE MINERS Special to The Trlbunrl N'EW YORK An Instrument called the geophone, Invented by the French to detect underground nolsea during the World War, is now being uso.l to rescue entombed miners, locate mine Are arena and reduce accidents through blasting the Engineering Foundation announces.

The geophone has been Imnrav by the U.S. Army Engineers and ltu reau of Standards until Its sensitive. ness is ao great that In recent tests sledge pounding was heard 3.OO0 foot through rock, 2.000 feet through coal 500 feet through mine "cover" 300 feet through clay. The geophone, despite Its unusual functions. Is not a complicated machine.

It consists of an Iron rlnrr over which nre two metal disks. In tho apace within tho ring, suspended between the thin disks. Is a lead weight. An.tiponlng In one of tho disks leads to an earpiece. When the instrument is laid upon the ground pickrup" aound vibrations that may bo coming through.

The disks! vibrate, causing a disturbance In thc air within the Instrument which, tak ing tho form of aound, Is transmitted to the ear of the llstoncr. BOY HAS MANIA FOR RAIL TRAVEL Special to The Tribune LONDON. The strange mania of a boy, who confessed that ho could not resist riding on the railway, was disclosed at Selby, when Joseph Sylvester, 14, was charged with travelling from London without a tkkot. SSylvester, said the police superintendent, waa the son of a Devonport reveter. wnen ten years old, through his mania for travelling about tho country on trains, be was sent to Ex minster Industrial School until tho age of sixteen.

On Friday last he escaped from the school, and since then had been jumping trains all vtr th country without a ticket. lie had used London as a Jumping. olT place, and having heard his mother speak of an aunt living nt York, he took the express at King's Cross to York. The train stopped at Selby to take up tickets, and the boy waa discovered and detnlned. lie joyfully related how ho du.

1eTd the ticket collectors In various trains. When the tlcket coTlector approached the compartment he would get on to the platform and walk about until he had gone. He had slept out wherever he 4 ould. and lived on fuod which he begsed. The magistrates remanded tha boy to the workhouse to await an escort from the school.

MONEY REQUIRED TO SAVEVICTORY Special to The Tribune LONDON Admiral Sir T. C. Doveton Sturdee, who presided at the nnnnul 'meeting of the Society for Nautical Research, held at the Itoyal United Service Instit iiftrin. Whit. I hall, announced that the fund for the renovation of the Victory was going on very well.

Over 6S.0OO had been but before end of the year 80, 000 would have to be gut together from different sources, or th. work would hftve tn stop. "I believe we rhall get the money," eaid tho admiral. "The Victory Is the greatest memorial that this empire can put up for the whole if its career. Her timbers are crylnir out not to in sent to the shlpbreakers." Kir Philip who is an the committee superintending the work, reported that everything was being dono make the vessel look exactly as she did before Trafalgar.

Guns would be put in, and even the cutlasses would be In their places. WILLIAM STILL IS AUTOCRATIC Former German Emperor Stili Maintains Superior Airs of Old Times (Special Ths Tribune) DOORN William Hohenzollem, once German emperor, today In DonTTl malMlaliis his Imperial airs as of old, according to the recitals of those who from time to time come In contact with him. The latest story Is contributed by a travelling company of student actors. Augmenting their Blender Incomes by acting medieval mytitcry Dlavs In various German ond Dutch cities, the actors were renuested to give a performance nt the former emperor residence. Iicforo doing so they wero received by William, and they have since given their impressions of the reception.

First they were instructed how to behave. "Kpeak to his majesty just as the words come," paid the marshal. "Address him In accordance with his exalted position, and kindly mnke a very, very low bow." After being admitted to the house. William and an officer appeared In the hall. One of the students describes William as haviirg haughty movements and superior airs.

His eyes are nervous, and a hard. Dale grey 1n color. He has striking grey' eyebrows. Lines of ago furrow his brow, and his mouth seems extraor dinarily sensuous. His beard and moustache have turned grey, and his complexion Is unhealthy.

ullllnm wore a grey green field cape and a green sporting hut. The student thought that civilian dress made him appear bourgeois. His manner of address was sharp and Prussian. William's foible of omniscience ap peared nt once in his conversation. and he started right In.

"So you are going to offer us mystery plnys? They are, of course, the plays that reached such a flourishing condition among the ancient Greeks Then the former monarch Pro ceeded to give a history of these plays nown to modern tumcs. The marshal whispered delightedly to the student: "The kaiser knows everything." In the evening the student actors plnyed "the Dance of Death" and the lyrical "Paradise Play." Princess Hermine, William's wife, was greatly taken by tho plnys and as she came on the stage to thank the players, she remarked: "You must come again. nere one perisnes Intellectually. It Is seldom that anything of vaiua is offered to us." KING FEISAL PLEASED WITH BRITISH MANDATE Special to The Tribune NEW YORK King Felsnl of Irak Is well plensed with the British mandate over his country, according to Mrs. S.

Pchopflocher, of Montreal, who met the monarch, during a re cent tour of the Near East. Mrs. Schopflocher, who recently arrived here frmn Europe, stated King Felsnl told her tho British treated him as a "younger broker." The king plans to visit this country next year. lurs. tchopiiocher crossed the Svr nn desert from Damascus to nacdad with an expedition that blazed tourist trail between tho two cities.

Later she went toi Haifa, Syria. In an erfort to promote the Haifa movement which seeks to unite the nomad tribes of the Near East Into a feder ation. Mrs. Schopflocher made the Jour ney across the Syrian desert at the nvltation of C. E.

S. Palmer. British consul genernl nt Damascus. After caving the Near East she went to Geneva whore she was introduced to officlnls of tho league of Nations by Sir Herbert H. Ames, of Montreal, financial director of the lea cue.

Accompanied by her husband. Mrs. Schopflocher will go to Haifa In Sep tember nnd will make a tour of the region in behalf of the League of Nations. STARTS LONG CRUISE KINGSTON, Ireland Amidst hearty cheers and escorted by a fleet of yachts, the 25 ton yacht "Saorlse" recently left Kingston on a trip round the world. Tho crew, composed of Conor owner and oantain: H.

fi. Hodges, mate, and S. D. Lnvelle, hope to complete tne Journey under can vast by way of New Zealand, which they anticipated teaching before Christmas. From there they will proceed by Cape Horn to several Argentine ports, and expect to reach Ireland again by September, 1324.

CANADIAN REnVICB From MONTREATj To PI.TMOrT!I filEHIOrRfl T.OrDO Anaemia, Alls. SS Root. 10 Not. Amlnnla Kent. 1 Ort.

NaT. in Antoniu Sept. 15 Oct. 20 Nov. ii To a Sept.

1 Oct. Mlr Ails. 17 bein. 14 Ort. 1 Aus.

bot. IS Oct. 17 From NEW TORIt To rnP.BUOl KO SOlTIIAMPTOy Maiiretimh. All. An, in Kept.

IS Atiult.iiia, Aus.il Keiit. 11 Oi Frequent snllinis frota NEW YORK and in i ivniuotii, UTeriMMil, liodon ioniliinileTTT, Uuceatown, intgrmaiion may be nb World Renowned StiamersanoServke Office, 110 Main Street, Winnipeg. W. C.T. U.

TO CELEBRATE 50 YEARS OF ENDEAVOR Special te Tha Tribune COLUMUUS All tha surviving members of the crusaders of 1874 in tha field of temperance, or their neareet relatives, will be present at the fiftieth annual convention of the National Women's Temnerance Union here Sept. 4 to. 14, and arrame ments nre already nn foot to nuke the event one of hlatorlo interest. The premier spectacle. Intended to call to mind the fact that fifty years of temperance endeavor have passed, and the success that has attended these efforts.

wiU bo tho "March of Allegiance to the Constitution," to be held Sept. 8. The early temperance crusades, the growth of the or ganization, and tho development of its work, will be pictured In this parade wllh floats and banners. A special committee of 100 leading women has been formed to arrange tor the convention. FILM FANS ASK GRACEFUL GIRLS German Actresses Are Dieting Now; Youth and.

Beauty Demanded in Europe Special to The Tribune BERLIN Young women with graceful hands and feet are now being sought by European film directors In their efforts to compete with American films. American pictures long ago made It difficult for the film studios or Central Europe to market pictures abroad, or even at home. If the heroines, were not young and beautiful. The practice of featuring famous f.ctrcsses regardless of their looks i as gone Into the discard. For a long time the German and Swedish moving picture producers clung tenaciously to the theory that histrionic art was the chief feature of a film, but today they are looking for youth and beauty of figure, as well as beauty of face.

Europe's tired business man wants to see girl shows, and he wants youth in his musical comedies and movies alike. As a result German movie actresses sre all dieting. There has been also a marked change In tho types of footwear popular on the German stage. Long, slender shoes on Amerlcnn and English models are making their appearance. Tho short vamped shoe, which Central Europe used to believe made the foot look spiall, has been abandoned.

Shoe shops everywhere are advertising real American styles, nnd It Is no longer possible to identify American men and women lmmeiiate.ly by tr.rlr shoes. Russian women have beautiful hands and feet, and have founa great aver with the film photagraphers who are constantly on the lookout for grace, even in tho humblest members of their mobs. GEORGE ELIOT'S NOTE BOOKS SOLD Sperlal to The Tribune "LONDON Hooks, manuscripts, furniture, nnd other possessions of Oeorge Eliot, the novelist, have Just been sold nt Sotheby's. Her notebooks were eagerly sought after. That for "Mlddlcmarch." bought by Quarltch for 105, contains netes on the politics of the co urea ny me novel ana a sketch of its development.

The notebook for "Romola" realized 52 A ketch an unfinished novel snlrl for 44. Smnll prices were realized th. rest of the relics. 12 helnir th Me h. est offer for ths novelists' wrltlng UIL.IV, Jasper Park Lodge the hostelry which the Canadian National Rail ays created In an Alpine sotting in the heart of Jasper National Park one of the most inviting of the continent's many beautiful snots nt which to spend a summer's vacation.

Stopover at this place permitted on Pacific Coast Excursion tickets nn sale at any Canadian National ticket iffice. AdvL TENDERS Tender InvItM from local man nnl pforo noon, Auirut 8th. for ratntin and cratlnir, Kf Dalr. to Iit.illftt.ir in Went Klldonnn Schools. Lowest or anv ender not nerextarlly accented.

Parti culars mailed upon written npidlcstion to senfetury Treflriurer. Harry Grainger, 1770 Wain Street, West Klldonan. RAILWAY TIES The Canadian National rtallwava ara In tho market to purrhnia their Tie' Requlrt. menta for 19C4. I'artles wl.hlns to pro.

uce Tie. fur the Railway Company shoulri on.munirata with Mr. W. li. Cmnl.

Oen.ral Tia Agent. Room tnl. Cana.llnn Nntlr.nal Kxpreas Dullrltnt, Montreal, or nelore Allsuat anil elv ha following Infurmatlvn: The location of timber from which th. Tlee are lo prodiieert; tha klntl of ttmher: quan Ity of tira. either sawn or hewn.

As 'ar aa pr BRihle. Tie. rrui.t'bs produced on Canadian Katlon. tl J.fnca. W.

H. RANT. General Tie Asent WINGFOOT CRB FIGHTS RIOTERS SINGLE Special 4a The TrtbtmeJ LONDON DuTlng th "Bad TUfl riot at tha North Devon towa cl; Hatherlelgh, Constable Hutching stood over th prostrate body of an Injured comrade, fought a whole party of the rioters, and knocked down 20 men with his fiats. He was commended for his pluck.) by the magistrates, when six men I were charged with drunkenness, pr lice obstruction, and assault. They 1 were sent to prison aiid fine wer i also Imposed.

It was stated that the disturbance began after a crowd of E0 men, who had been dancing In ths were requested to disperse. The "Red Flag'" was sung, and an attack wa made on the police. MEASURE FOOD VALUES IN HOURS OF LABOR VTBKSX Austrian government employes, fighting to gain payment for their labors sufficient to main tain their families, have presented their case In a novel way. Instead of relating that In the old days they could buy for five crowns what novr costs 60,000, they have used minutes of labor as measuring unit, and produced an interesting table. In 1914 a loaf cost 12i minute of labor; today the cost Is 49 min.

utes. A measure of sugar that cost 26 minutes nine years ao, now call for 102 minutes. Coal has risen froin 1 hour and 18 minutes to 12 hotirjs and 36 minutes, and. a pair of shoes, from 6 hours and 18 minutes to 1 houn and 30 minutes. WALL STREET GOSSIP atudebaker declined Shrea points la tha early afternoon anil United Btates Steel dropped to 8514.

a new low. Moderate rallies from extreme lows tminl. ly were followed by another In i.e. on the next transaction. TORONTO STOCKS TORONTO, July 31 rtank shares allow, ed a flriifctren.U4oday.

Bank of llamlltoa opened el a polnta lusher at 164. other laauea were quiet. Co to MinaM Inn this summer and, Inhale the glorious air from cool, green woodlands and crystal pure lakes. An Incomparable vacation region where rest and recreation await you in an idyllic setting. A.dvt.

TENDERS For Structural Alterations At Central Police Station, Winnipeg. nro invited by tha Board of Police Commissionera for structural alterations, com. prising woodwork and brick, work, at the Central Polieo station, "Winnipeg. Tlans and specifications may be seen at tho office of E. II.

liodgers, Inspector of Buildings, City Hall Annex. Offers to be sent to the under, signed by 12 o'clock noon, AVed. nesdny, August 8th, 1923. By 'order, GEO. F.

RICHARDS. Secretary to the Board of Police Commissioners, Winnipeg, 27th July, 1923." PROVINCE OF MANITOBA TENDER8 WANTED FOR MOTOR VEHICLE PLATES Sealed srtdre.d to tha "iKiierl, marked "Tenders for Motor Vehicle Plntae for tho Year ljl'4." win received at tho (iovernniei.t I'urchaalns Human. 121 Parliament Hull. I. Ine, Wlnnlpeit.

up to 13 o'clock noon, triilay, Auicuat the Tenth. 1923. Tho re. nulrementa are: 42.0U0 pairs Automobile Plain Uorrler 1'latea, aire 4is 11 1,000 nalr. Meniere' Plate.

SOO patte Motorcycle ptatea, aire 3x7 4 All enibo.aed, 24 cause ateeL numbered In duplicate. Tenilers must atato nrle. nee n.te I eluding atn.lin env Iope. Delivery to Iliaile to the Automobile Ilr naitlnent. Parliament Winnlpr whirl.

must ba on or befora November Klret. 182.1. Full STieclfleatlons Will ha a.lnnlleS em application at Ituom 229. Parliament Lii lid Ilk. Tenderers mnt forward with lender a marked cheque, drawn In favor of t)ia Provlnclnl Treaaurer of MiinUr.l)a, for fi percent of the total amount of the tender.

security that the contract, drawn by ihjfi Department with I he eiiece.afui tendeier. will be perfjrmrd. Payment will be ma. I. In Canndiaa currency aa Boon after delivery a.

poa.ibie. ine lowest or any tender njt aarlly accepted. Tenders will ba onened In thl. efrie. 11:30 Ausuat 10th.

lil'3. H. H. HURD, Pnrchaalnir Asent. Manitoba Government.

Parliament DulldlnKje. SIZES PRICES 30x3j 15,50 Slx4 23.80 32x4 26.20 33x4 27.10 Marty tires oC siiul Jat Of less value arc so priced thai a discount ts necessary to equal IJieWing foe? prices above Gooctycaf means Good Wear.