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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 21, 1920, Lethbridge, Alberta THURSDAY, OCTOBER 192U i-BE'lSTTHBRIDGE DAILY HERALD PAGE FIVE MARKET REPORTS [Jfliousness too much [n Mood fc> i.dtraifid linr. Ot. Kldtujr-Liwfi Pills ;liwr blliousum wi fts amir. OM pill a int. v Winnipeg Grain WINNIPEG.'Oct. opening higher, flie local market tiirpei weak and. considerable- re-sell- iiig was repirlcd..- The local cksn mar- kit'showeJ'light "demand; with no great incrcsiao in Premiums on whea't are rapidly vanishing, a drop of one cent being registered today. In coarse grains there was a fair de- maud (or cash of better grades, but there was no Interest In lower grades. October wheat broke closing at the low point of the af- ter fluctuating Alt Winnipeg closings were on tho low point ol the day, the break on ing and December closedilc down for lower for December and lie barley 3VJc lower for" lower for. November, December and 2c lower' Flax dropped 8'X-c: to JlT He for October. Quotations: October November December October December May October November..... December..... Jlay........ i October November December October IS Cash Prices 1 No. 3 Nor...221% No. 5 Feed........... Track. .Manitoba Track, Saskatchewan Track. Alberta No. 2 72 No. Estra No. 1 Feed No. 1 Feed.. No. Track No. 3 No 4 Itoiecled and feed Track the market Us weaker and trade slow. Sheep, receipts 2S5. at }11.50. Iambs tellius Bulk.of bogs receipts 305. JlS.tS iii Montreal Stocks Oct. The local stock exchange was w cat this morn- ing, practically all tie declin- ing fractionally. Abitibl was the fet- tiuA opening at 71% after dosing laat night tt 1i- Brompton was yreafc, opening at or. 1% lower than yesterday's closo. Sugar remained steady at 91. LaurenlUe lost a polnl to 107. National Spanish Hirer 70, 9't 09 C7 Breweries and i: the only stocks which made gaiflB, the'fonser rising halt point to 65 .the litter quarter to .Other-Issues were quiet. N.Y. stocks NEW YORK; Oct. sale's U. S. Steel U.S Stie'l preterred 108 S- Hr Funds ex iab'ra bwiTy; aemaisri cab Canadian dollars 9V4 pe dlMonnt. r Bar Sliver ___ -YORK. Oct. silver domestic SUM; foreign.8194. 100 9D '89V i 94V "8414 Si 153% (Prlceit.uniisiicd by -Farm Vrodacta v; No i Timotiy No 1 .Mixed Timothy anil Al- 30.0 vc 1 Alfalti J7.0 to.b. cars Lethbrldga o Coaldale. No. No No. 2 4 C Nor 19 1 ilSO "o I (Contfnucil from Front Page) 1 Feed1 81 s t this year selifng at a Jowe than i'i is reported I 2 'From the stanopoint i Hho liw.of supply and' demand thei MM absolutely none; 'tbe only reason world Is the Ineincient method ellihg wheat this year. Great Brital flnd other nations are working toget ei. -vnd In' an intelligent manner to g So r! 84U this heat at the lowest possible prlc Canada aud the United State No. 'IN. >V. C. No. 2 No. 3 Condemned Track No. 2 C. W. Chicago CLoEe CHICAGO, Oct. Close futures: December March 1S9K. SO; May S554- December Jlay 5S. Winnipeg Livestock Oct 'I (Dominion Receipts o 2oO cattle 70 hogs and slieeji Yvilh heavy aft'eringH 'on 'the cattle market trad ins inrthe butcher division -was slow antl draggy, buyers bidding 25. to BO cents lower. -Butcher steers to JD.OO for good quality; choice females J7.00. to SS.OO; feeder steers to sto'cker. steers, chojco ranged from S6.00- to: 5C.50." flood, quality to, 47.50; fair to quality Iambs to :J10.oO. Hogs declined 25 packers lidding for selects; .Calsary Liveslpck Oct; 2l.--Tho market opened dull a. tondenoy.to lower prlce.1. 'calves 350; lings 65; sheep Steers medium to good Sa.fo'tcf bulk of cows to slockers and feed- ers to -calves top good ewes choice lambs Hogs off cars for Keluoia. Toronto Livestock .r TORONTO, Oct. (Dominion Cattle, receipts 'trade druggy with lower prices, especially for tho common grades for cattle. tales are giving goVerument credits o European countries to enable them o supply wheat to their is no concerted or pool uytng by purchasing nations. Bath he of the European countries which re this year buyicR wheat Is buying nUrefy" independently of tho other, nd making its own arrangements ,as 0 purchaso and payment through nor- mal agencies ot purchase and sale. Is no lonser government octroi in the United States arid 'Can- dian wheat may lie sent to that coun- Two Years Contracted "This sharply differentiates tUe liresent from the past year. The er- hanges'aro working and there.is free and independent buying by the Bat- ons, !n contrast to last year's concert- d government' buying, closed exchan- ges and virtual prohibition of Indivld- lal buying. "Mr. Wood's contention therefore, hat tho fact that prices this year arc .CBS than" those ot last year is due only to different ot Eellin; will not bear analysis. If the board were to be re-established as last year Canadian embargo on both the ox port and import o( wheat would pre- sumably have .to follow. "With tho United States market open and the Canadian market under control, the be to freer purchases in tho American market b: other countries and the consequen' sloppiiie back of the Canadian, whca movement. The government Is carefully watch Ing the va'rious. purchasing system employed and the marketing conditloa generally in this and othkr countrlo and Is ready to take steps to insur fair marketing of Canadian whea should a situation such as'last year' develop again." (By a SttB Reporter.) Oct. the request counsel eight cases resulting from 10 raid on alleged bootleggers and qijor vendors waged In the Pass towns by A.P.P. officers and ,ct enforcement men vrere adjourn- ed until Oct. 28 at 10, 'clock. Magistrate E. N. Barker of ardotou-is sitting on the cases. The actions adjourned for a week were hose tgalnst Dan fxls. M. Angelo, Fisher, .D.: Pasqualque, represented y T. one against Matl Molina', Kred and Peto ky; represented by X E. Gill Is. Both awyere are from Blairmore. The .cases of the Crown vs. Jack hnsour -mayor .of Colemau anc iarves for-Illicit liquor selling were adjourned-7 until 2 o'clock this after- noon. C. P. Harris, Lelhbridge, has wen retained as their counsel. THIRTY ARRESTS AND THIRTY CONVICTIONS IN UTTLE I5ELLEVUE (By a Reporter.) COLEMAN, Oct Margerltan and Reid made one of the most sensational raids at BtSlevue last Saturday and Sun- day In the history of the Nest Thirty imrsU were and thirty were secured the ap- peared before'J. H-. Robertson, J.P, Monday and Tuesday. They wtre all foreigners and the charg- es were for gambling, wife beat- Ing, drunkenness and obstruct- ing, ah officer. The fines ranged from to and costs. FORGED GRANT HALL'S j NAME ON CHEQUES MOJJTI5BAL, Oct. 1. Robin- son, charged .with forging cheques n the name of.Grant Hall, vice-presi- dent ot the DPR., was sent up for rial hero yesterday. 0 K IQ N E Y PILL'S J selling arc taking no I tqlligent action to get t1 befet possible price." I 'This states the" case clearly tro the standpoint o! those who demand re-jstahlishmcnt control. But ,'aii examination of the real situation, 85J jdoes not hear out .the statement above duoted., The law of supply and de- mand, has In reallty.'.everytlitag to Ao with The basic determination of the world price wheat. 'Circumstances Calves, receipts' choice veal of trinsport.'h'y s'ea-'or land, financial and exchange conditions and methods of buying may temporarily affeut'aad vary, 'the, but determining factor is the relation of the'supply to the demand. ivill vary from time to lime by greater or less pres- sure ariaiiiK, from the supply temporarily on hand, or readily avail- able. Last year 'the' features ot the. sit- uation, which In the opinion of tha government, rendered the Junction of the wheat hoard necessary, were: 1919 Wheat Board Reasons lack, of -money- and credit on the part of most' European buyers arid :Tiecesstty for advances by exporting 'countries in the shape ol Joans or credits. "Canada itself made large advances to European countries system' of government con- trol operating In'.all" European coun tries In ih'e United States and in most other exporting countries; which re suited in- concerted pool government buying by the nn.r the virtual eliminating of frea buying agencies. The United Stales' governmeut purchased and sold at fixed prices tha United States export wheat crop sur: plus and the United 'Sates market was, consequently, shut against the import ot Canadian wheat. This year the sit nation -ife essentially different. WHEAT PARTICIPATION CERTIFICATES' Leave your certificates with this Bank, and we will collect for. you- the final- payment which will probably be auth- orized Wheat Board about the end of October. u WlE CANADIAN BANK i OF COMMERCE PAID-UP CAPITAL LETHBRIDGE f. Rcikie, Jlonager. HALLOWEEN DANCE S1KOKOTOKI CHAPTER, I. 0. D. E. FRIDAY, OCT. MASONIC HALL Tickets Cannoneers' Orchestra'. Canadian Cooperative Com- pany Likely: to: Be Better Established i ..Soon as high ns lt> cents but Canada nor tho United Ifour table drink will never bother 4 nerve, s or sleep r ifyou ojiit coffee i: and drink. 'A WtVCTACt following statement of the wool market is Issued by the Canadian .Cooperative. Wool Growers' Limited "The wool market Is at bedrock prices, further price 'cutting in .raw malerial is unlikely as 4ho market reached the level at which trailing may be rtoue with confidence. Thisjs the opinion of conservative wool men giving close study to conditions. Lead- ers in the trade are satisfied that con- ditions: are 'not -as- serious aa some of the pessimistic" reports.-have, iudieal' ed recently. As far as the wool trade Is concerned, it Is believed that llio worst Is over and that tiie situation in wool lias already been well liquidated "The Australian sales which open ed this month have not met with the success, that the trade had hoped for, in giving strength to the market However, it is now known at whal prices Australian wool can bo obtain ed and all prices have been adjusled j accordingly. The real problem the.i wool market Is to use up accumulated stocks and finance is the chief obsta- i cle in the way." i Quotations on Canadaian wool here arc as follows: Western range, fine medium staple 43 to 40 medium clothing 41 .to 43; medium staple 3S to 40; medium clothing 55 to 37; low medium staple 33 fd 35; low staple 28 to 30. Domestic bright wools; fine medium staple 44 to 45; fine medium clothing 42 to 43; medium staple 40 to 42; medium clothing 35 to 37; low medium 35; low staple 30; semi-bright domestic wools two cents lower than above prices and dark wools five six cents lower than price for bright. The Young Man's Best Recommendation A Savings Account is more than a start, 'towsurds financial is a rajairk of character. ..'.Oneof the strongest recommendations in the of business that a young man cati present, isaMerchants Bank Pass-Book, shewing 8 record of consistent savings. _ ''A Savings Account may be opened with which shows how highly we regard the accounts of those who desire to save. Head Office OF CANADA Established 1864. UTTHBRIDCE CALGARY STOCK YARDS BRANCH, _ BriiKbei alto at and Noblefor Sob-Afcncy an-1. R. 3. DINNI NO, W. T. HOPK1RK, Haven'tlou'Tried Them Yet? Then You Don't Know What You're Missing! PLAN CONFERENCE ON CHURCH REUNION DOSTUM: If coffee troubles you; iisrit I; it better to make the change now, rather than later? r Better health results and youll appreciate the econ- omy and-convenience. AT 6ROCERS "Tkeres a Reason forfostiwi Canadian Posiuni CerealCo.Ud. Vmdsor Ont. LONDON', Oct. As- sociated Archbishop of Jantcrbury, openlnj; the church con- gress at Southern! indicated Ihnl the church jiulhorlllea would Issue n for- mal invitation tor coiifcrence on re- inion. lie staled that this would be no mere following of an Impulse ot ;ood will but a definite and corporale act, authoritatively arranged and con. ducted, The archbishop adile'd a wnrnlug against impatience in such matters. NATIONAL MAID BREAD in Our Electric naked Famous Ovens. WHITE BROWN RAISIN BRANTFORD GETS CHEAPER BREAD 1II1ANTKORD. Oht., Oct. 21.. haVera" here announced this morning thai ot oread had drorpei! one cent, being now 13 cents. The bak- crs Btatc-d thai as soon as the high priced lloiir in slock was would lower prices. Tho price ol sugar nlso dropped IhlS inornlng, con- Burners Selling five Insleart'of 't four and a half pounds, for a dollar. tt ft ft v 't v Try These Cinnamon Rolls Layer Cake Jelly Rolls Cup Cakes' and all kinds of Small Cookies Farm Stock, Implements and Household Goods WILL BE OFFERED FOR SALE BY PUBLIC AUCTIOW AT THE FARM OF JOSEPH RISHEU, OF 8EC. Z MILES OUtrEA8T OF ETZIKOM J SATURDWOCIMR 23: COMMENCING 1. O'CLOCK SHARP High Grade Gray Pcrcljeron Etud. 33 years old, weight broken; gray mare, S years old, Ibs.; mart, 8 yssrs oUS.- 1 Ibs.; team gray team Ines, rislug 4 IbB.; gray.mare, 5 years old; gray geldlug, 5 years old, Ibs.; gray mare, 8 years old, l.SM Ibs.; bnAui mare, S old, Ibs.; gray eeldtns, riling I years, J.250 Ibs.; black gelding, rising 3 years, 2 brown nllies, rising 3" years, two .1, colt. One cony.G years old; 1 heifer, 2 yearB old; Dserlus .ilcCprmick mower; rjcering .hay: rake; 'John'1 Deere gacg plow; sulky7 plow; heavy anvil. with-he'st; p6strdrill and an abundance of hand'and-carpenter: drag, uew wooden il-fobt.grajn h.p. Hart Shapley, ilewi 2 sets breebbliig baruess; 1 set plowj init-.' tresses, new; l-ORlermoor" mattress, new; -3 springs; 3 iron 2 dressers, extension table, and other, articles too numerous to mention.' TERMS: 25 per cent, cash, balance 12 months credit on ap- proved joint notes or bankable paper with 8 per cent, on all credit amounts, or 8 per cent, off for cash on all credit amounts. Np reserve. Free lunch at C.G. DENTON, Prbjinetor. J. A. SMITH, "7 Auctioneer. with present conditions of the liquor traffic. Hi. They Taste Better Because They're Baked Differently. Lethbridge National o System of Baking, Ltd. 5TH ST. SOOTH. Shall the importation and the _. bringing of intoxicating Hfl into the Province be forbidden? Shall the importation and the bringing of intoxicating liquors into the Province be forbidden? They are intollerable, and must be remedied. DIVIDED CONTROIJT- of the traffic, being at present partly under the Dominion and partly under the Province, is very largely RESPONSIBIIV for these insufferable conditions. We have in our own power r THEBEBIEDY We can get the control of the traffic into the hands of bur own Provincial Government by giving a "Yes" majority on Monday next, LETS DO THIS and do it right Make it overwhelming. Vote Friends of law, order, and good govern ment are- ;