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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - January 27, 1921, Lethbridge, Alberta THURSDAY, JANUARY IWt iw DATTT MOB MARKET REPORTS __' :_____ HAY PRICES Quotation (furnished by Farin Lethbrldge) May...... No. 1 Timothy, Irriiaited 129.00 No. 2 Timothy 26.00 No. 1 Alfalfa, 2nd cutting 20.00 May No. 1 Altalfa, 1st cutting ___ 19.00. July No. 2 Alfalfa 18.00 No. 1 Alfalfa Meal 38.00'May No. 1 Ulue Joint, irrigated 24.00 July...... No. 2 Blue Joiut, irritated 22.00 Car lots, f.o.b. Ooa.ldale or-Lothbrldge. May July LKTHBKIDGE CHAIN PRICES Prices paid today for grain In Leth- brldge, wagon load lots follow: Wheat Flax 1.50 Oalif .............30 IJiiriey .....................48 live 1.30 Winnipeg. Grain Markets Jan. on the wheat market today was not par- May Osea, 117 U 119 111 CloM. 17? 5U4 80 75 WV4 114 160 168 Cash Prlcei WHEAT- NO. 1 Nor...117% No. 2 No. 3 Nor...179% No. 4 Nor...171% No. 5 No. I Nor...143% Feed .......................1S3% Track, Manlteba, Saskatchewan and Alberta.................111% ticularly active or of" large volume No. 2C.W... 4li4 No. 3C.W... 44% 4414 39 but there was aggressive selling, In-! Extra No. 1 feed flue-need by weakness In United No. 1 Feed.. 42 No. 3 Feed. Stales markets. During the early: Track part of tho session further weakness was displayed, May dropping to No. 3 C.W... 87 No. 4C.W...72 173 1-2, a decline of 4 1-2 cents from Feed....................... 61 yesterday's close. This represented I Track....................... 82 a decline of 29 cents during the past two weeks. This weakness was fol-' No. 1 N. W. C................183% lowed by some reaction, the close be- No. 2 C.W...179% No. 3 C.W....155V4 iug 7-8 to 1 3-8c higher. I Condemned.................150% A wlile difference in the situation Track.......................183% between the cash market and tho' RYE-7 futura continues. The demand forrNo. 2 C. W....................US cash wheat is splendid for all grades, j Chicago Grain which is very noticeable owing to the CHICAGO, Jan. poll- extremely small offerings. A further ticnl and economic condition! in En- increase of halt to one cent in prem- rope led to sharp declines In the iums took place during the session, wheat market today. Bearish crop but business was very dull and tea- gossip tended to further depress tureless. ....-_ trade. The demand Is for domestic ues. Support was lacking. Opening unchanged to lower with March Coarse grains continue unchanged, 113% to and May 152U to 153ft. with trading very limited In both The .market suffered further decided cash and futures. Oats closed 3-4c setbacks all around. higher: barley 2 3-4c higher to un-; Oats opened weak, unchanged to changed, flax unchanged to Ic 'high- j He off, May 41% and then lultered a er and rye 3c lower. general decline. CLOSE FUTURES 1-1; May 154. 67; July 5-8. 42 3-4; July 42 7-8. CASH 1 hard 169; No. 2 hard MNAYCR ILt OTTAWA, Jan. 4aaa George H. Bradbury, ol Selkirk, Man., la Mriouily 111 at the home of 4> hi! anther hen, 1.00 to B.M; good bulls 6.M to 5.M; Bedlam to good steers and teed- era 5.10 to 7.00; good calves 8.00; canmaa I.M. No sheep sold. No hefi have yet been sold. Bid for the latter U 18 H for selects, all car weights, hat sellers are holding for 15.21. Cdawnten Livestock EDMONTON, Jan. receipts lit; calves 2. Market fairly active; choice heavy butcher steers to 18; medium It to common choice butcher cows and heifers 16 to good but- chers 15.50 to 16; common to choice heavy short keep feeders, to IT with food lighter to Poison in the nitem and itHhwu. The are ayfekly remand by the ute e( Dr. Chiw't KMmylraw hill. One pill a int. 2Se. a all 1167. 3 mixed 60 to U 1-2; Smoke Utu it for tat itfaction No. 2 yellow 63 1-2 to 64 1-3. 2 white 40 3-4 to 41 1-4; No. 3 white 1-4 to 39 1-2. LAST ADD WALL ST There were no material changes in the later other than the fur- ther strength of oils and Important Pacific rails. The close wai firm. share! changed hand! la to- day's market. Calfary Livestock CALGARY, Jan. ot cattle 416, calves 41 hot! IK, sheep nil. Market slow and dracvy on bat- cher steers; butcher steady. Coast buyers are not operating a! extensively as expected, Several con- signments of good to choice steers ot yeaterday'g otferlnai remain nniold. No choice steer! had been welched up to noon. Medium to choice steerj were sold from 6.50 to 7.76, common 5.00 to 6.00, medium heifers (.00 to (.75, me- dium to good cowi I.7S to 7.40; com- "MAKE 'EM want THE EDITOR aald. WHEN HE asked me. IF I'D write an ad. FOR JANUARY NOW ON stands. the newt- FOR ONE Dollar. AND I said I would. AND ALL I can tell you. IS THAT sew. Done Av K. C. g. kiourlj ALL OF sheetf. the proof AND THE "dummy" AND OOVi THE beautiful AND THE first num- ber. HOT OFF the press. AND IT'S a wonder. AND IF you're an owner. OF AN automobile. OR HAVE an Idea. YOU'RE GOING to he one. YOU'LL SAVE Honey. AND TIME. AND TROUBLE. AND t-VERYTHINO. BY READING rOR JANUARY. FOR A Dollar. I THANK yon. K.C. B. 8TOKES DRUG COMPANY Wholesale r klul choice veal calves J8 I'J 19. Hofs, receipts 130; market strong- er; selects off cars. Sheep, receipts 242. Choice lambs II to yearling! 17.50 to 18.50; ewes to 17. Winnipeg Livestock WINNIPEG, Jan. (Dominion Receipts 400 cattle, GOO hogs and 11 shsep. A weaker tone was evident on the cattle market, and the trading was extremely dull and draggy. A few real good killing cattle appeared to be about steady with yesterday's close, but all others looked a good 25c lower. The sheep and lamb market was steady. Good lambs good mut- ton sheep There was an unsettled! tone to the hog market.- Packers were bidding 114.25 for selects with no sales. Sell- ers were holding off for 114.50. Toronto Livestock Jan. (Dominion Branch.) Cattle, ruutupti 425. about 1500 ot yesterday's receipts left over, trade opened a little slow at prices steadj- with yesterday's de- clfce. There are too many cattle on the mvrket to be absorbed. Butcher steeri, choice 19.50 to 110.50. Calves, receipts 24. Choice veal strong, 117.50 for tops. Sheep.receipts 104. The best lambs are ateady at fli.75. Hogs, receipts 1032. .Despite ef- fort! of packer! to lower prices, hogs are steady at Chicago Llvcitock CHICAGO, Jan. Cattle, re- ceipt! beef steers steady; early sales mostly 10 to 25c lower; bulk butcher cows to bulk food and choice vealers to Hoga, mostly 10 to 15c lower than yesterday's aver- age; pig! 15 to 25c lower. Sheep, receipt! no early sales. Choice sheep and lambs bid- ding 36 to 50c lower; bidding 25c lower on feeding lambs. Toronto Stock! TORONTO, Jan. Prices weak- ened In a number ot stocks during ac- L'J NAVAL SE OUEMILLION Activities of Naval Greatly Deduced During Year OTTATVA, Jan. Press.) the net eipenditure of the Canadian department ot naval ser- vice dnrtag the last fiscal year was la shown by the annual report of tbe department which was issued today. The gross eipenditure for the year was in excess of 000, but the amount of refunds ex- ceeded six the total thus be- ing greatly redubed. The revenue tor the year was slightly in excess of half a million dollars. The report notes that the naval dockyards at Halifax and Esquimalt were maintained in operation during the year, but consequent upon the re- storation of peace, the activities of the dockyards were greatly diminish- ed and a large number of the person- nel employed were demobilized. Num- ber qf workmen employed at the close ot the fiscal year was Halifax 370 and Esquimalt 240. Under orders is- sued In March by the minister of naval service, a complete reorganiza- n of the c MEIOHIN TO W. P1TERBORO AGAIN OTTAWA. Jan. ian prime minis- ter not yet completed ar- rangements for making fur- ther speeches In buro. It Is expected, how- ever, that he will visit the con- ntllucucy again durlai tho campaign. ONTARIO WILL BOOST TAX ON MINING PtOflTB TORONTO, Jaa. H. Mills, minister ot today itated that the government eoutemflatieil amend- ing the Mining Tax Act, lacreaeinf the tax ou the net profits on attver and gold from 9 ier cent, on the flnt million dollars to lew per eent.. lad the tax from Ore per cent to seven per cent, on all over one doOan. The aneatt tu la oeM. up to ire mil- Itaa dollars. TMe will arohaMr fce ainrssead to aevaa tU over allllaa doilara. 0. T. H. EANNINM MONTRHAU Jan. TMak traffic earnings tor the week ot January 21 were: Itll, ItJO, U.S. Wheat Stocks Less WASHINGTON, Jan. Wh.nt stocks on hand in the United Statts January 1, 1921, totalled bushels, ac- cording to an estimate made pub- lie taday by the department of agriculture. This figure compar- ed with bushels on hand a year ago. Captain Ordered Women And Children to Jump Overboard from Wreck MANILA, Jan. with babieB in arms leaped overboard and ere drowned or dashed to death against tho rocks, as a result of orders tion on lines ot strict economy and efficiency. After referring to tlie report ot Lord Jelllcoe and the naval policy of the government as outlined by re- solution ot parliament, the report says: "In order to carry out the policy ot the government to place the naval department on pre-war lines, instruc- tions were issued by the minister for tbe complete demobilization ot all naval and civil personnel of de ptrtment, both at headquarters and at the The reorganization involved a large reduction of staff throughout the de partment and only the most efficient employees were retained." The section of the report dealing ith the fisheries protection service says that on Great Lakes one ship has been in commission. This will be replaced by three smaller ships pro- viding a better vystem of protection at little additional cost. U. S. TRAIN tlREWS WILL MOVE FIFTY MILLIONS RELIEF WHEAT FREE CLEVELAND, Ohio, Jan. rlne and train crews, to move 000 bushels of wheat, to be donated by tive trading on the stock exchange western farmers was today offered by this morning, losses exceeding gains' the chief executives of the big rall- road brotherhoods, without charge for the mens' labor, to Herbert Hoover, tn charge of relieving starving condit- ion! among the hungry millions in Eiurope and China. at the noon close. C.P.R. loaaes rang- ed from small fraction! to two and a half Over 300 shares ol C. P.R. were dealt in. Montreal Stock! MONTREAL, Jan. Breweries was the feature of the early trading on the local stock mar- ket this morning. This Issue closed last night at 54 and today rose to M 3-4, oHy to lose a 1-2 point. At- lantic Susar rose a point to 33 ai did Laurentide to 93. Other very Wall Street Stocks NEW YORK, Jan. dull- ness attended the early dealings In the stock market today, the nominal trading disclosing usual mixture of gain! and losaec. Royal Dutch soon rose 1 1-2 points aad General As- phalt a large fraction. American Car, Vanadium Steel, International Paper, and Chesapeake and Ohio were high- I er by fractions to a point. Mexican Oil! yielded to further pressure. In Its essential features the market followed its dull and uncertain course of recent days. After a further ad- vance In the European oils, especially Royal Dutch and Shell Transport, as well aa more pool buying of asphalt, American Can, General Electric and International Paper, tbe list began to fall oft. Asphalt and Mexican Petro- leum were among the first to weaken with Baldwin Loco, Studebaker and Republic Steel. The money market was unchanged with call loans at 7 per cent., but the British rate of exchange made a fur. ther gain to N. Y. Fund! NEW YORK, Jan. ex- change strong. Demand ca- bles Canadlau dollars 10% per cent, discount. N.Y. Stock! NEW Jan. sales: C.P.R. 117 1-2; U.S. Steel S3; U.S. Steel preferred 113. Bar Silver NEW YORK, Jan. sliver, domestic 1-2; foreign 66 3-8. Suspend Russian Bond Trades NEW YORK, Jan. In the per cent, certificates ot the im- REFERENDUM ON NEW AMENDMENTS TO SCOTT ACT IN QUEBEC NEEDED QUEBEC, Jan. referendum on tbe repeal of the Canada Temper- ance, or Scott Act, in Quebec, will be necessary, it is thought, before the new liquor legislation of the provin- cial government legislature can come into force. It appears that though the federal government would be quite willing to take steps to help the prov- incial government to carry on its new liquor act and recall the "Scott objections have been raised in the capital by certain supporters of the latter. U. S. CITIZENS' PROPERTY IN GERMANY RELEASED BERLIN, Jan. ol United Spates citizens in Germany, which was taken under control by the German custodian of enemy property fitter the United States entered tbe war, has been unconditionally releas- ed, said Dr. Von Haimhausen, under- secretary for foreign affairs today. Final settlement with the United States owners, however, been im- possible owing to the provisions of the treaty which stipulated that such settlement should be made through an international clearing house and this operation cannot be carried out until the United States ratifies the treaty or a new pact is negotiated. TRIAL OF 24 FOR MURDER TO PROCEED WILLIAMSON, W.'va., Jan. Trial of the 24 me.n accused of par- ticipation in the famous Matewan battle of May 19 last, win go on, Judge Bailey announced at the open- ing of the circuit court here this motion o? S" I'i'S defense to quash the seven indict- suspended today by the New York stock txchange. ments for murder on the ground that one of the grand jurors was not a control and that underwriters of the bonds, had no Information as to when Interest payments would be renewed. NEW POLITICAL LEAGUE IN U.8. WASHINGTON, Jan. ation of the People's Reconstruction league, described a non-partisan union ot farmer and labor organiza- to carry out a "program of econ- omic justice which will save work- ers six billion dollars a was announced at headquarters ot the league here today. The league aa- nonnced tbat it stood for government operation of the railroads, payment of tbe war costs by taxing privilege Instead of poverty and strict control of natural ;3MWoai. all arms carried by persons who sought to enter. BUTTERFLIES APPEAR IN SUNNY MAGRATH (Special to the Herald.) MAGRATH, Jan. has come. At least Lieut. Bob Swift, M.C., postmaster hero, aays so. Yesterday he caught a full grown butterfly of the yellow species flymg about the streets. California haa noth- ing on the Garden City this winter. dad, wrecked at the north of the Ag- a loss of 36 lives, according to state- ments of one of the rescued passen- gers. Official Investigation was ordered here today Into the conduct of the captain and crew of the wrecked ves- sel, The captain ordered all hands to jump overboard when the storm-toss- ed schooner grounded and appeared to be breaking to pieces on'the rocks, according to the survivors' account. Among the 14 survivors were the cap- tain and four of the crew. Thirty- three passengers and three of the crew were lost. The passenger vic- tims were mostly women and chil- dren. Pierce at do these: the Well now for I tookltePfarce's Favorite Thousands of women in country have reason to apeak as above. From every part of Canada women write Doctor InvaJids' Hotel in Buffalo, N. Y., as trv r B K xrnaKxiputm curca WK wnm ail other medicines failed. The home doctors could do nothing for me. I happened to see Dr. Pieree'i advertisement in tbe paper, sent for the medicine, and felt great benefit from even the first few tnspoonfub that 1 took. I took but a few bottles until I ww well. I cannot speak too highly of its JANBT Baoww, R. R. 1 SrauoBAU, POT-'I am only too glad to tell you Pierce'a Favorite Prescription haa done for me. I doctored three l to hmve m thanta to Or. Ptaree's medicine, I new felt better in my life than I a...... _ it__ i v. _, EXAMINE MARINE CONTRACT WITH BRITAIN WASHINGTON, Jan. tion of the contract between the In- ternational Mercantile Marine com- pany and the British government which, it has been alleged, is inimical to the shipping interests of the United States and the development of the United States merchant marine, was begun today by the shipping board. Charges that the International Mer- cantile Marine in 1903 entered Into a. 20-year agreement with the British government to pursue no policy "in- jurious to the interest of the British mercantile marine or to British trade" were made last week by Sena- tor Jones of Washington, author of the new shipping act in an address before the National Mercantile Marine association convention P. A. Franklin, president of the In- ternational Mercantile Marine, denied that the agreement was inimical to the Interests of United States ship- ping and declared it was a benefit to his company. ervom ow scarcely do any work. That waj eighteen yean) ago tbk summer, and I have never been troubled with the feminine troublo JOHN W. Starrat All drogEuts sell Dr. Pierce 's Favorite Pnacri let form. Send lOc. to Dr. Pieree'a Laboratory in for trial package of Favorite Prescription in liquid or tab- Ontario. BANKING BY MAIL emr koUrf "Brnnldng ky provide braking facilities ftir ow J. friends, who live in districts without the nrrices of a local bank, special have been established at central points in Alberta, to handle out-of-town business. One dollar will open an account and tibe method of procedure is fully explained inthUbmUet m MCRCHANTS BANK HeaaOffiee: Or EDMONTON MANdi CALGARY MUNCH LETHMIDGE BRANCH, nuMc ran. H w. NEaarrr, M. J. DINNING, Mwacer, DOMINION-WIDE LABOR PARTY ORGANIZATION IS AIM OF THE MOVEMENT WINNIPEG, Jan. the In- tention of effecting Dominion-wide organization ot the Dominion Labor party, Secretary Maybank at a meet- Ing held here last night was Instruc- ted to communicate with provincial branches of the party to ascertain the general feeling toward the project. Tom Moors, president of the Do- minion Trades and Labor Congress, who Is expected to be in the city with- in the next two weeks, will be asked by the local council to address a meeting in Winnipeg for the purpose of giving a representative expression of labor's views politically from a Dominion standpoint. Endorsation of the Western Labor News as.the official organ of the Do- minion Labor party was given at the meeting. BENEFICIAL ECONOMY All Caaadians should remember that Ike econ. omiea necessitated by the war helped pevc the way to Victory. Practise economy and pave the way to prosperity. A Savings Account is both a moral and a material asset. TU THE CANADIAN BANK OF COMMERCE PAID-UP CAPITAL RESERVE FUND i LETHBRIDGE W. Keikie, Manager, MACDONALD'S Cut Brier More Tobacco fcrthe Money ;