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The Gazette from Montreal, Quebec, Canada • 21

Publication:
The Gazettei
Location:
Montreal, Quebec, Canada
Issue Date:
Page:
21
Extracted Article Text (OCR)

THE GAZETTE. MONTR A WEDNESDAY, FEBRUARY 1910. 21 VOL. CLXIX. No.

39 ON ROYAL TRUST BOARD premium buying; 11 per cent, premium selling. Some Western Hemisphere War Risk Rates Cut New High Since Sept. In Ocean Grain Rates N.Y. COPPER MART CONTINUES ACTIVE TREND OF BUSINESS IMPROVES IN WEEK Dominion, U.S. Ports On Cargoes To and From Slight reductions in some of the made in a new schedule announced yesterday by the Canadian War Risk Committee, representing private companies here, and which is effective immediately.

Extensive revision oi particular, has been made. The new schedule ot rates, now cargoes, or on cargoes to, from, or transhipped to Germany or oerman possessions, and applicable to voyages to and from Canada and the United States, unless otherwise indicated, follows: Initial of 4 Cents Paid By Canadian Marconi An initial dividend of four cents, payable June 1 to shareholders of record April 1. has been declared by directors of Canadian Marconi Company. Following a meeting of directors. A.

H. Ginman. president, stated that inasmuch as this is the first dividend to be paid by the company sufficient time must be given to those shareholders resident abroad to have transferred on the company's books any shares they may hold registered in names other than their own. A period of six weeks is considered adequate for this purpose. A further period of two months is necessary for the transfer agents to prepare their first list of shareholders for dividend payment and to issue the cheques.

STEADY TO EASIER ON MINING MARKET V-''' 1 Imports and Exports Cargo (excluding specie) Allied Flag Neutral Flag 1. United Kingdom, Irish Free State, Holland. Belgium and France (Atlantic ports north of Havre) 3V4 2. France (Havre to Brest inclusive). 2 3 3.

France (Atlantic ports south of Brest) 24 4. Portugal and Spain (Atlantic ports) 2 l'iTe 5. Norway. Sweden and Denmark (rates quot ed on application) 6. Mediterranean, Black Sea and Sea of Mar mora VA 1 7.

Africa (excluding via Mediterranean) and Canary Islands 1 8. India and Far East not north of Shanghai (but including Japan): Via Suez Via Cape Via Panama Via Transpacific 9. Far. East north of Shanghai Japan, see No. 8): Via Suez Via Cape Via Panama Via Transpacific If transhipped to U.S.

Atlantic ports by American ships only, 110 additional. 10. Australasia: Via Suez 2 114 Via Cape 1V 1 Via Panama or Transpacific 1 1 11. South America: (a) North Coast not south of Paramaribo on East Coast and Buenaventura on West Coast: Via Canadian ports hi Via U.S. porta (b) West Coast of South America south of Buenaventura: Via North American Faciflc ports Vi (c) All other voyages between North and South America: Via Canadian porta 4 Via U.S.

ports i 12. West Indies and Central America and Mexico: Via Canadian ports Via U.S. ports 13. Newfoundland Vz 14. North American Intercoastal: Between Canadian ports and Canadian or U.S.

ports Between U.S. Atlantic and Pacific ports J4 15. Coastwise Voyages: (a) Canadian Atlantic ports: To or from Canadian Atlantic) ports To or from U.S. ports or U.S.) Gulf of Mexico ports (b) Confined to Great Lakes, St. Lawrence River and Gulf: Not beyond Natashquan: Cape North Range Vi Not beyond Pte.

des Monts:) Matane Range 024c (c) Canadian Pacific ports: To or from Canadian Pacific ports (see Section d) i To or from U.S. Pacific Vi (d) Confined to British Columbia Inland Waters and Puget Sound, but not west of Cape Flattery or north of 51 degrees (Special to The Gazetted New York, February 13. Space for the movement of around 50,000 bushels of heavy grain was chartered late Saturday from New York to Antwerp for February shipment at 75 cents per 100 pounds, an advance of five cents and a new high level since the outbreak of hostilities in Septem ber. Further inquiry is reported for freight space at the advanced level but scarcity on space for shipment in the balance of Feb ruary and March is restricting additional bookings. Control Board Exchanges Ottawa.

February 13. The Foreign Exchange Control Board announced today's exchange rates were unchanged at: American Funds 10 per cent. DIVIDENDS MEETINGS. ETC. CANADIAN MARCONI COMPANY (Limited Liability) DIVIDEND NOTICE Notice is hereby given that a divi dend of four per cent.

(4) has been declared on the outstanding shares of the Company payable June 1, 1940, to shareholders of record at the close of business on April 1. 1940. By Order of the Board. JAMES FERGUS, Secretary. Montreal, February 13, 1940, Marconi Building, Sacrament Street.

MACASSA MINES, LIMITED (No Personal Liability) DIVIDEND NO. 19 NOTICE IS HEREBY GIVEN that a dividend of 8c per share has been declared on the capital stock ot the company for the quarter ending March 31st. 1940. and will be payable on March 15th next to shareholders of record February 29th. 1940.

By order of the Boaid. L. SOLIAGUE. Secretary Toronto, February 12th. 1940.

PROFESSIONAL CARDS ADVOCATES BUCHANAN BUCHANAN Advocate. Barrister! and Solicitors insuruica Exchani Bldg. 276 St Jamet St. W. Ersklne Buchanan MONTGOMERY, McMICHAEL, COMMON HOWARD Advocates, Barristers and Solicitors Hi Royal Bank Bldt, 3(0 St Jamas St.

Oao a MonttomsTT KCRott. McUtrhid (rank Ore noon Ortlll 8. Trnrtil. B. C.

rhnoiii Km C. Wllbert Howard. K-C A. fortrth K.C KIdrlrtt Ct Ruill MrKenxlt.K.C Paul Giutb'er tlib Rlihoo Claud 8 RlrftirdMa Aniui OhIItt F. Cmpbll Cod lihn Ponwmt HiMn Htntard tihn llr; 0on.

8 ChalilM Rm Montfomar k. Charlat Dnirr foria Tluwai UonnnniarT Counaclt Warwick F. Chlpman. K.C WAINWRIGHT, ELDER McDOUGALL Barristers and Solicitors Aldrrd Bnlldtnr. 507 Place d'Armes Arnold Walnwngnt EC Anbrrr fl Cloar ft.

Stuart McDoufaa I. C. Wmdal) R. IniKJIaT (tiarlaa Mtlla William Chlpnaa MEREDITH, HOLDEN, REWARD HOLDEN Barristers and Solicitors 21J St. James Street West, Montreal.

llartdlm LL.D. A. Hol4an K.C R. Cliff 0. Mtradlia I OS Oko A Patch Reward KG P.

P. Hutehlton. K.C. T. BiHanlTRa r.

Colllni C. a. Ml union Stairs, Dixon, Claxton, Seneca! Lynch-Stauntori GIfemt Btatra O. Dlirn Hroota Cimcn. K.C Jarquta Stnaral II Lrnrn Slanntoo Hmb Tumbull John 8llr A.

Claiton K.C 231 St. James Street West. MONTREAL MacDOUGALL, MACFARLANE, SCOTT HUGESSEN Advocates. Barristers and Solicitors Aldred Buildlnc. 507 Place d'Armes Oorrton Miclni(all K.C l.airranca Mcfarlana Rcmt Hon A.

Husaam.K,C Won. K.C John t'hholm Millar Hrn Smith Kdmnnd Ebarti Wrlr Dull Jamaa Merrill, Stalker Howard BARRISTERS AND SOLICITORS Guardian Bulldinr, 240 St James St. Walter A. UarrUL Archibald Stalkar. T.

Howard MAGEE, NICHOLSON O'DONNELL Advocates. Barristers, etc. Aldred Building. 507 Place d'Armes Allan A Matta i Win NlchoUoa. K.C Hugh E.

O'Doniiflt. Ronald S. Brara Errol M'Ooujrall Counsel: Louis S. St. Laurent, LL.D K.C.

Audette McEntyre Advocates 601-02 Insurance Exchange Bldg. de G. Audette, K.C L. C. Audette J.

Gear McEntyre MArquette 3636 ST-LAURENT, GAGNE, DEVLIN TASCHEREAU Advocates, Barristers, Stc f-ouia 8. St-Laurent K.C A Gxna C. llernard UtTl'n KG Anrlra TaKhcrelu IC Kanault 1'iul 8t-Laurtnl Pries House. Quebec City. Tel.

2-2741 WELDON McLEAN Barristers, Attorneys and Notaries Public Solicitors for the Bank ol Montreal and CP.R. SAINT JOHN. N.B. Tonnage Is Not as Large as Last Week's Sales Lead Is Active (Special to The Gazette.) New York, February 13. There was an active interest again reported in the local market for copper today but tonnage disposed of is not believed to have been as large as was sold on either Friday or Saturday.

In the meantime the price situation remained firm with no copper available in any source primarv custom smeltpr or outside market at less than ll'ic a pound delivered Connecticut Valley base. Buying of copper in the export market wa.s stated to be quite satisfactory by important trade quarters, with several neutral nations reported as seeking metal. Among these. Spain, Bulgaria, Rumania and Switzerland were prominently mentioned as seeking tonnages here. Sales for export account were recorded in primary producing sources at 11.5(1? a pound alongside shin New York for prompt metal while 11.

40c a pound was said to have been paid for March delivery. April was quoted at 11.25 to 11.30c and Mav at 11.20 to 11.25c. The additional 25.000 long tons sold to France at the close of last week at 1 1 Vic a pound calls for nearby shipment and some in the copper trade were inclined to the belief that with France at the moment already taking 25.000 tons per month from the foreign market an already rather tight spot and nearby supply situation may be accentuated. Buying of lead again was in excellent volume with both custom and producing sources reporting satisfactory business. In the producing end it was stated that the new week started with a waiting list and additional orders received today swelled this total.

Actual sales in this division were equal to about twice daily production quotas. It is now estimated that consumers of lead are about 75 per cent, covered on their February needs and around 40 per cent, on their March requirements. The price was firm at 5.00 to 5.05c a pound delivered New York and 4.85c East St. Loui" Zinc was quiet and steady at 5.50c a pound East St. Louis.

WAR SUPPLY BOARD PLACES 348 ORDERS Contracts for Week Ended Feb. 10 Total $3,307,166 in Value Ottawa. February 13. The War Supply Board placed contracts valued at "$3,307,166 for the week ended February 10, Transport Minister Howe said Of this amount $2,658,436 was for aircraft supplies including fleet model "16 aircraft to be used for training purposes in the British Commonwealth air training plan. With the exception of aircraft supplies purchases, few individual items were prominent in the week's list.

Barracks stores accounted for the next highest figure at $204,541. There were 348 orders placed. 21 being for sums in excess of $5,000 each. The list of those over $5,000 follows FOODSTUFFS. Toronto.

Carnation Company Limited, $6,300. CLOTHING AND ACCESSORIES. Paris. The Paris Wincey Mills Co. Hamilton, the Canadian Eye Protection Co.

Limited. Ottawa, the Breadnor Co. $5,500: Peterborough. Peterborough Lock Mfg. Co.

$5,500. BARRACK STORES. Montreal. Dominion Rubber Co. Kitchener.

B. F. Gnoderich Co. of Canada Limited, Toronto, Simmons Toronto, Way Sagless Toronto, Canadian Comforter Company, $16,450. AIRCRAFT SUPPLIES.

Fort Erie, Fleet Aircraft British Air Ministry, Montreal. British Aeroplane Engines MACHINERY. Montreal. Williams and Wilson, ELECTRICAL EQUIPMENT. Toronto.

Newafax (Canada) Lim- d- Toronto, Turnbull Elevator CONSTRUCTION. Vancouver, Pacific Engineers for temporary accommodation at R.C.A.F. station, Kamloops. B.C.. Sherbrookc, Que.

Stewart Construction Company for construction at R.C.A.F. station, North Sydney. N.S., MUNITIONS. British War Office, $55,400. Smuts' War Measure Passed Cape Town.

February 13. (P) The South African House of Assembly tonight passed on second reading by a vote of 79 to 59 the war measures bill supporting the Empire's war effort after a record non-stop debate lasting 28 hours, 48 minutes. The previous record session, which followed industrial disturbances in 1914, was 22 minutes shorter. DIVIDENDS MKtrjlNGS. ETC, Note: For covering Strikes, Riots and Sterling: $4.43 buying; $4.47 seu- ing.

DIVIDENDS MEETINGS. ETC. DOMINION COAL COMPANY LIMITED A Dividend of thirty-seven cents 37c) per share upon the 6To Cumu lative Sinking Fund Preferred stocic of Dominion Coal Company Limited. for the three months enamg Jlsi March. 1940, has been declared payable on 1st April, 1940, holders of record on 15th March.

1940. M. W. McDOfiALD. Secretary.

Montreal. P.Q.. 8th February. 1940. JOHN A.

LANG Cr SONS LIMITED DIVIDEND NOTICE NOTICE IS HEREBY GIVEN that a Dividend of 412c a share, representing the regular quarterly dividend of 17'aC and a special dividend in respect to 1933 earnings of 30c. has been declared on the No Par Value Stock of the Company, payable April 1st. 1940. to Shareholders of record the cloe of business on March lath, 1940. By Order of the Board.

K. L. MONTGOMERY. Secretary-Treaaurer. Kitchener, February 10th.

1940. THE OGILVIE FI.OIR COMPANY LIMITED Preferred Dividend Notlcs Rate: One rJoHsr and Cents $1.75) per share. Payable: Friday. March 1st. 140.

To Shareholders of Record: Close of business Saturday, February 17th. 1940. For quarter end- in February 29th. 1940. H.

K. HEPBURN. Secretary. PROFESSIONAL CARDS ADVOCATES CHAUVIN, WALKER, STEWART tx MARTI NEAU BARRISTERS SOLICITORS Htnn Chiu'lB I Ftrolf Walkar K. Tboa.

8 Siawart BLC inn VliKlrtii K.C Prank Oauls Robart ar Bank ot Toronto Building 414 St James Street West EWING McFADDEN Barristers and Solicitors Room 520. 132 St. James Street West Montreal J. Armitage Ewinj, K.C. Geo McFadden.

K.C. John Caseraln MANN, LAFLEUR BROWN BARRISTERS SOLICITORS 507 Place d'Armes. Montreal HArbonr 4234. J. A.

Mann. K.C. Kenneth H. Brown Henri G. Lafieur Paul B.

Pitcher A Maxwell Bouitoa MatUiew Holt CAHAN HENRY Hon.CH.Cahan.K C. W. R. Henry Ci. 231 St.

Jemtt Sf. PL 9164 HAGUE, HENEY HAGUE BARRISTERS and SOLICITORS H. J. Hague. C.

T. Hecey. K.C H. McLeod Hatrue Aldred Buildlnr. HArbonr 117 KEARNEY DUQUET BARRISTERS A SOLICITORS The Royal Bank Buildlnc 360 St.

James St West. Telephone HArbour 5211 J. KamT K.C t. r. r'n daW.

MacKar William Mii(3 Stuart Waist! PHELAN, FLEET, ROBERTSON ABBOTT BARRISTERS SOLICITORS A Pnatan Rabanxw W. BL Bobanaoa. K.C Ahbmt i Mchnlua i Pnr a I C. Blnnla BarrutitoB Canada Life Bldg. 275 St James St.

O'BRIEN STEWART Barristers and SoUcitors Canada Life Building 275 St. James Street HA. 5232 John O'Brien J. Gibb Stewart George Hall HYDE, A HERN, PERRON SMITH Advocates, Barristers Solicitors 112 St. James Street a Gordon Rtda John A ham Ptul a ttmitn Oua Parrot) Rnra'rt tl Wara Richard Hvda PATENTS Patents, Trade Marks, FETHERSTONHAUGH CO.

Fred. B. Fetherstonhauf bv, K.C, ML. Chas. W.

Taylor. B.Sc. Expert Resident ROOM 533, CANADA CEHEM BLDG. MONTREAL. Tet LAncaster 3491.

E.J.Fetherstonhaugh Son ATTORN EYS-AT-PATENTS Dominion Square MA. 7183 Also Toronto and Ottawa HANBURY A. BUDDEN ADVOCATE -and COUNSEL In Patent and Trade Mark Cases MA. 5840. 212 Drummond Bide.

"Brevet" S. R. W. ALLEN Parents, Designs Trademarks, Copyright 360 St. James St.

Montreal Phone HArbour MOO SMART BIGGAR Counsel In Patent, Trade Mark. Customs and Other Causes VICTORIA BLILDINO OTTAWA O. M. Big-far, K.C. Russell S.

Smart, K.C. Alan Swabey Co. PATENT SOLICTTORi CATEHOUSI BUILD IN 3 Godin Smith 2.11 SL James V. HA. 6237 Erijtena Godin Edgar W.

Smith Geo. R. Lighthall 507 Place d'Armes MA. 9525 Walsh Mulcair St. James W.

MA. 3649 Paul WTickham 210 St. James W. HA. S969 32 Third St.

Lambert Zone 7354 Western Hemisphere rates were tne bouui American scneauie, in appiicaoie to an except uerman snip 2 1 (excluding 2 1 1 1V4 1 2'3 Va lVi 1 1 1 Imports and Exports U.S. and Lai. Other Allied American Neutral Flags Flag Flag 316 .15 v4 .15 V7o- 316 7b .15 02 lie 02 Vic .15 .15 Civil Convnolion only 02 Vic Gold Mines, Limited, In 10 months ended December 31, 1939, reports profits of $19,822 after taxes but before depletion or depreciation. Bullion production for period was $187,079 from 40,618 tons milled, indicating recovery of $461 per ton. Operating costs averaged $3.90 per ton.

FRENCH SET WATCH OVER RED EMBASSY Guard Is Result of Soviet Association With Outlawed Communist Party Paris, February 13. (F) A special French police detachment began a watch over the Soviet Russian Embassy tonight, disregarding the conventional immunity which diplomatic representatives of one country enjoy in another. The Foreign Ministry said the watch had been set because of the embassy's connection with the outlawed Communist Party in France. Authorities riorlarprf thA nlar-ini of the guard at the embassy build- ing in tne Kue de urenelle was an action which was no more severe than regulations imposed by the Russians on the French Embassy in Moscow, where visitors sometimes are questioned, searched and even photographed. Observers noted that the French took action coincidentally with a closer drawing together of Germany and Russia, and a corresponding cooling of relations between Russia and France.

The Soviet Union protested last week against a police raid on the Soviet trade office here. France rejected the protest. Yesterday the Germans and Russians announced completion of a new trade agreement intended to swell the exchange of Russian raw products and German manufactured goods. French officials were inclined to see political as well as economic importance in the Russian-German pact. On the Western Front, despite Intense cold, a German mfuntry unit was reported by the French to have made an unsuccessful attempt against a section of the French frontier defences near Luxembourg, "East of the Moselle an enemy raid preceded by trench mortar and artillery fire failed completely," said the evening communique.

Heavy batteries and infantrymen on cither side of the Rhine also opened Donnacona Meeting Deferred Quebec, February 13. (CP; Annual meeting of Donnacona Paper Company, scheduled to be held here today, was postponed until February 20 because of lack of a quorum. The most successful in business must have the horsepower of an optimist and the emergency brakes of a pessimist Except as follows: Palestine: To ports, 05c; to Interior, llttc. When War Risk also covered, add these rates to Mediterranean in Section No. 6.

Specie and Currency For Section! 1, 2 and 3 charge 100 of Schedule Rates Remainder 75. Securities Charge 50 of Schedule Rates. Some Areas Report Trade in Period Best This Year, States Quebec Survey General business conditions showed marked improvement during the wrk ended February 12 with some urces reporting it the best period 90 far this year, stales the trade re-port of the Canadian Credit Men's Truit Association (Quebec Division). As additional war orders are placed the industrial areas affected report better commercial business nd a resultant absorption of some cf the in unemployment. In Montreal and vicinity aviation planti apparently have been benefitting.

As a result of recent ship-building order, steel and machine tool firms snoAins! more activity. Flour mills reported sales as lair and slightly under last month at t-us date. The weather has not been favorable tr this type of business. Moderate optimum prevails with uncertainty as to future prices. Gasoline and oil sales continue at a g-od level and improved over this t.me year.

A busy pnng is anticipated. Men's haberdashery sales were motty. Sales so far are below this date last month, with placing of orders being regarded as good. Sales of siisis. silk ribbons and the l.ke reported a general upward trend and much improved.

Placements are good. Steel, copper and piping sales were given a good rating. Sales lor January, 1940. were upwards of 50 per cent, above January. 1939.

The automobile industry reported sales as satisfactory and better than for the past few weeks. The dairy outlook and present activity is regarded as more hopeful. The establishment of military centres and gradual improvement in employment in some industrial areas has created a larger market for milk. Creamery butter production was roughly 5 per cent, higher than the January figure at this time last year: cheese production shows an increase of nearly 2 per cent, for the same period. Meat packers are busy.

Exports bacon continue at a good level. Wholesale groceries are buoyant. Sales of dry goods, footwear and paints all come within the fair category with placements good. Collections on outstanding ac counts showed ninety per cent, of the survey reporting them as fair, enly two per cent, reported as good. Renewals continued in an upward trend.

Wholesalers generally were tightening up on credits as many reported that merchants' inventories inclined to the heavy side. Imports of Antimony From Canada Increase (Special to The Gazette.) Lanoxin. February 13. It is un in market circles that sup plies of Canadian antimony are reaching Great Britain in larger quantities with arrivals estimated et between ou and 75 tons per mrr.th. In view of reduced imports r-f tr.e metal from China these new shipments are being added to ex isting suppl.es.

Canad.an antimony has proved of good quality averaging up to P5 8-10 per cent, which compares favorably with the best F.nglish brand Current price is 95 pds c.ii. United Kingdom. Late in 1938 Consolidated Min irg and Smelting Company of Canada Limited, completed an anti mony plant at Trail, B.C., with a capacity of four or five tons of metallic antimony a day. Produc tion was first reported early in 1939 end with a few minor exceptions represents the only source of the metal in Canada. Gold Imports by U.S.

Rise to $54,605,571 Washington, February 13. JF Gnid imports increased to $54 in the week ended February 7, compared with $49,555,496 the pre vious ween, the united states Com. rr.erce Department said todav. Principal shipments included from Sweden. $7.906 656 from the United Kingdom.

from Canada. $4,049,101 from India, and $10,755,946 from South Africa Deposits of gold under earmark in the Federal Reserve banks for the accounts of foreign central parks and governments increased curing the week by $2,385,427 to a toial of about $1,127,927,000. S.lver imports declined slightly to including from Canada. Pound Leads Decline On N.Y. 'Change Mart New York.

February 13. CR The pound sterling led a general downward retreat among principal European currencies in the foreign exchange market todav. Sterling fell off ln cents to $3 in terms of the United States dollar and the French franc cent to 2.243. The Swiss franc cropped .0024 while the Netherlands guilder was unchanged. The Belgian belga was one of the few gainers with an advance of 1-20 cent.

Tne Canadian dollar hit its lowest for the new year with a drop of cent to a discount ot 13 per cent. U.K. Best Customer Of U.S. Again in 1939 February TV-e Unitt'd Kingdom Hgain was the of the United States in 1939 Tne Commerce Department. In an analysis of Ust year's foreign trade, aid that the United Kingdom's $505,227,000 purchases from the United States, although slightly smaller than in 1933.

led all other countries. Canada, as usual, was second with $493,450,000, Japan third with $231,405,000, France fourth with $181,825,000 and the Philippine Islands fifth with Canada was the leading importer to the United States, shipping in products totalling The next four sources of imports were: Japan. $161,196,000: Vrr.ed Kingdom. S149 669,000: Bri---h Malaya. $143.965 000: and the Philippine Islands.

$31,927,000. L. J. BELNAP, president of Con solidated Paper Corporation, who has been elected a director of the Royal Trust Company. Vessel Movements ARRIVED.

Santa I.ticla. at Barranquilla, 13. from New York. Brazil. Buenos Aires, 12, from New York.

Santa Paula, Curacao. 13. from New York. Conte di Savoia, Genoa. 12.

from New York. Monterey. Havana. 13. from New York Brazil, Montevideo, 11, from New York.

Conte di Savoia, Naples, 11, from New York. Republic, New York, 13, from San Francisco. Oriente. New York. 13.

from Havana Santa Clara, Valparaiso, 13, from New York. SAILED. Santa Inez, from Callao, 12, for New York. Santa Clara, Cristobal, 13, for New York. Vulcania, Palermo, 11, for New York.

Springer Pays Out $32,884 (Special to The Gazette.) Toronto, February 13. Springer Sturgeon Gold Mines Limited, in year ended December 31. 1939. in come from dividends amounted to $32,884. Expenditures for the period, including head office and adminis tration, totalled $20,296.

The balance sheet shows cash on hand at $4,919 and investments of $122,349 while current liabilities total $9,086. Dividends Declared Montreal Loan Mortgage Company, payaoie Marcn 13 ot record Febru ary 29. Central Patricia Hold Mints, Limited, regular of and extra 02c both payable March 29 of record March 15. Canadian Marconi Company, (initial), payable June 1 of record April 1. Ford Motor Company of Canada, i.imiifa, class A and pay able March 16 to shareholders of record February 24.

J. M. WILSON RESIGNS Quebec Senator's Decision Forced by 111 Health Ottawa. February 13. (CP) A sec ond vacancy has been created in the Senate by the resignation of Senator J.

M. Wilson of Sorel, was icarnea xoaay. Appointed by the Laurier Gov ernment in 1911. Senator Wilson, a retired business man formerly asso ciated with a firm of wine mer chants and importers, resigned re cently because of ill health. There is now one vacancy in On tario- and one in Quebec.

When Parliament dissolved January 25 there were 13 vacancies but in the past few weeks Prime Minister Mackenzie King has elevated 12 men to the Upper House. It is understood that one of the four senatorships from Quebec filled last week replaced Senator Wilson and an appointment mus now be made to the English-speaking Catholic vacancy created bvthe death of Senator E. M. Tobin. The appointment probably will be made shortly along with the Ontario one.

Mediterranean Ports From St. John, N.B. For Dates, Ports and Rates, Please consult us. Montreal Shipping Co. Limited Agents CORISTINR BUILDING.

MONTREA1 Telephone PLatean 9531. CANADA WEST AND SOUTH AFRICA Freetown (Sierra Leone). Cape rown, Fort Elizabeth, cast Land on, Durban, Lourenco Marqaes, Beira, ELDER DEMPSTER LINES LIMITED 133 Board of Trade Bldg, Montreal MA. 7541 I I DIRECT TO 11 FROM NEW YORK S.S. Bergensfjord Mar.

16 ConTrnient connection! to Sweden. Denmark. Finland Comufl your Irtvtl or NORWEGIAN AMERICA LINE 24 Slot it NEW YORK 3 30th St or MAIM II AGKNCY. LI 410 fit. Nirhola Montreal.

MA. 1146 DIVIDENDS MEETINGS. ETC. 6S Joliet Quebec Continues Ac tive But Unchanged Light Trading Elsewhere Mining share prices were steady to a shade easier in trading on the local market yesterday with bulk of turnover again showing in the jun ior gold group. More, than half the active slocks finished at previous closing levels with changes in oth-.

ers connnea smau amounts. Volume at 36,365 shares compared with 43,760 the previous day. The index for 15 golds showed a loss of 0.75 to 95.02. Trading in Joliet Quebec continued to feature activity. On 16,500 shares, fluctuations were narrow and at its close of the price was unchanged.

Elsewhere in the list tradine was small. Wood Cadil lac droDDed i to -23'2. and Lebel Oro was off to .01. Red Crest added a cent to eieht. In the higher-priced bracket, Macassa was a firm spot on small volume, adding ten cents to a new high of $4.75.

Pickle Crow dropped five cents to $3.90 and Central Patricia .11 to $2.29 while Preston East Dome was at a new low of $2.03 on a seven cent loss. In the base metal group Aldermac was unchanged and Pend Oreille added five cents to Western oil stocks were dull, showing little activity. Home OU was unchanged at $2.79. OVER-THE-COUNTER MINES. With one or two exceptions the unlisted market was dull with lew price changes showing at the close, National Malartic and Cournor (new) were strong features, the former adding four to .59 while the latter picked up three to .25.

On the other hand, Privateer and Mosher showed an easier trend. Privateer dropped five to .85 and Mosher one to .07. The remainder of the list was practically unchanged. Toronto Golds Up; Rest Off Toronto. February 13.

CP; The gold stocks recovered some of the ground recently lost, gaining .44 in thi index today, but other groups weakened narrowly. Trading con tinued on a small scale and only 220,000 changed hands in th session. The pick-up in the golds develop ed chiefly in the medium-price and the junior issues. Macassa advanced 15 cents to close at 4.75, Lake Shore firmed to 28, and narrow gains were netted bv Canadian MaJartic Gunnar Gold. Hard Rock, Oro Plata Perron.

Powell Kouyn and Wright Hargrcaves, Penny Golds doing bet ter were i5roulan, Paymaster. Kirk land-Hudson Bay and Jellicoe. The tone continued a bit soft for Aunor, Beattie. Chesterville, Little Long Lac and Con ia gas. Action in the base metal shares was dull.

-Steep Rock was the only feature. It advanced to a new high at 2.63 and closed at 2 59. up 5 cents. Volume in the stock was heavy. Nickel lost V.

and Noranda gained 'a. Waite-Amulet declined 10 cents. Western oils displayed a sagging tendency throughout the session with little trade passing. Lo.sses of 2 to 4 cents were netted by Calgary and Edmonton. Home Oil, Anglo-Canadian and Foothills.

MINING EARNINGS Following are mining production statistics for January, with comparative figures for the preceding month in brackets: Wendigo: $55,082 ($34,089) from 3,216 2.325) tons milled. Gunnar: $54,212 ($57,508) from (3.771) tons milled for an average recoverv of $12.98 Amm: $20,904 ($23,800) from 5,501 (5.38?) tons milled for an average recovery of $3.80 Berens River: $98,692 ($100,990) from 6.410 (5,973) tons milled for an average recovery of $15.39 Upper Canada: $71,617 ($67,273) from 4,911 (4.724) tons milled for an average recovery of $14.58 ($14 24). Relief Arlington: $31,144 from 2.804 tons milled for an average of $11.11. U.S. Steel Shipments Under Dec; Above '39 (Special to The Gazette.) New York.

February 13. Shipments of finished steel products by United States Steel Corp. in January amounted to 1.145,592 net tons, a decrease of 298,377 net tons compared with December shipments of 1.443 969 net tons, but an increase of 274.726 net tons compared with January, 1939, shipments of 870,866 net tons. Shipments in January. 1938.

were 570.264 not tons and in January. 1937. 1.268.403 net tons. Prior to current statement shipments have been reported in gross and net tons. From now on they will be Known in net tons only.

Figures have been revised monthly back to January 1, 1929. Wide Profit in 1939 For Jones Laughlin Pittsburgh, February 13. (JP) Jones and Laughlin Steel Corporation, fourth largest steel producer in the United States, reported today a profit of $3,188,944 for 1939 as compared to a loss of $5,879,958 for 1938. Bulk of the profit came in the fourth quarter when net earnings totalled $2,907,755 against a loss of $1,129,856 for the corresponding quarter of 1933. Index Steady in Week For Commodity Prices Ottawa, February 13.

The Dominion Bureau of Statistics reported today its general wholesale commodity price index was 82.2 in the week ended February 9. unchanged from the previous week. In the week ended February 10, 1939. it was 730. Main factors with weekly and yearly comparisons in brackets: vegetable products 72.9 (72.8-60 2): animals and their products 79.8 (79.7-72.5); fibres, textiles and textile products 81.8 (81.8-65.9); wood, wood products and paper 86.4 (86.5-76.2); iron and its products 103.0 (102.6-97.5); non-ferrous metals and their products 75.3 (75.8-69.9); non-metallic minerals and their products 87.1 (87.1-85.7); chemicals and allied products 85.7 (85.7-78.9).

The index for Canadian farm products w-as 69.5 compared with 69.4 the previous week and 64 4 in the same week last year. The index for industrial material prices, on the base 1939 equals 100, was 122.0 against 121.4 and 98.8. Maximum Metal Prices Increased at London (Special to The Gazette.) London, February 13. Ministry of Supply has announced increase in maximum prices for lead, copper and zinc where deliveries called for are of less than four tons, all price increases to be effective February 19. In lead and zinc the increases are: For lots of over two and under 4 long tons.

in lots over one ton and up to and including 2 tons, JLl 10s; lots of one ton and under, 2. Copper price increases are: For lots over 2 tons and under 4 tons, for lots over 1 ton and up to and including 2 tons, for lots of 1 ton and under, 4. Refined Sugar Output Up Widely in Period Ottawa, February 13. Canada's 10 sugar refineries manufactured 54.728.387 pounds of sugar during the first four weeks of 1940 the Dominion Bureau of K.tntistirx reported tonight. Of this pounds was granulated and 6,9.18,328 pounds was yellow and brown.

This is a sharp increase over the same period last year when only 18,575,206 pounds were manufactured. Netherlands Bank Report Amsterdam. February 13. (JF) Weekly statement of the Bank of Netherlands compared with the previous week as follows (in thousands of guilders): Feb. Gold 1.013.500 Circulation 1,104.600 Total sight liabs.

1,355.000 Advances 252,800 Ratio of gold to sight liabs 74.8 Feb. 1,013.500 1.117.800 1.346.10P 247,700 76.0 Amm's Profit at $19,822 (Special to The Gazette.) Toronto, February 13. Amm NOTARIES ORDER OF NOTARIES, PROVINCE OF QUEHEC A PARTIAL LIST OF AUTHORIZED NOTARIES Art Association of Montreal The Annual Meeting of the Art Association of Montreal will be held at the Galleries Wednesday Afternoon, the 21st February, 1940, at five o'clock, for the reception of the Annual Reports for the year ending 31st December 1939, for the election of Officers and Council for 1940, and for other business. All members are cordially invited to be present. WILMA A.

GRIFFITHS, Secretary of Council. Montreal, February 14th, 1940. Gerald C. Bray 266 St. James LA.

7906 Randolph Bridgman 07 Place d'Armes AIA. 7814 R. Bridgman Henry A. Lariviera Robertson Walton Gibb Guardian 240 St. James Records ot B.

A. Dunton Henry Fry and aaA ajaii.

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