HomeMy WebLinkAboutExeter Advocate, 1911-8-31, Page 3IBTYIIGHT MET DEATH
FRICES.OF FARM PROQUGIS
�TTITg D
1,El'Olt'1'S 11ROM THE LEADING
TRADE CENTRES OR
.A3IEZUC4.
Prices of Cattle. Grain, Cheese
axu3 Other Produce at Bonze
and Abroad„
BR1 A•DSrIJFFS,
Toronto, Aug. 29.---]:tour--•-Winter wheat
90 per cent, patents, $3.35. to $3.40, Mont-
real freight, Manitoba flours --First pat -
eats, $5,30; second patents, $4.80; and
.Strong bakers', $4.60, on track, 'Toronto.
Manitoba n'heat.- 0. 1 Northern, $1.-
04 1.2,
1.-041.2, Bay Iports; No. 2 at $1.031-2., and
No. 3 at "$1.011-2..
Ontario wheat -New No. 2 at $2e, out-
side, and old at 83 to 84e, outside,
Peas, --87 to 88e, l.o.b. ears, outside.
Oats -Ontario grades, 48e outside, for
No. 2, and 43e, on track, 'Toronto. New.
Terrible 1r1 �prtf7 d3/� on Valley No, 2 at 37e, outside. No, 2 W. C. ;ata
J. e t 11 le T 7 ret1 the Lehigh at 421-2e, and ?so. 3 at 411.2o, Bay ports,
Railroad t� �([ N.Y.porn- �r; 2 4ttrQ ieatr yellow 661,-2e
ear Manchester, C`t•1e-"- ?sec is Beate ufferie , toad prices
;aro nominal,
Buckwheat --Nothing oft`ering-
ran-.-Manitobas at $22, in bags, To-
ronto. ;put shorty; $2.5, in bags, 'Toronto,
o -
ttTr4ri0 brae, $,.,,,, in bags, TOrQnto,.
A despatch from Lanchester, N.
Y. says
Spseci
n.g eastward s warr
be^
hind 'time, Lehigh Valley passenger
train No. 4 ran into a spread rail
on a trestle near here on Friday
and two clay coaches .from the mid-
section of the train plunged down-
ward forty feet, striking the east
embankment like a. pair of project-
iles, In the awful plunge and crash
at least tilirey-seven persons are
believed to have been killed and
more than sixty injured, The in-
juries of several are so serious that
it is feared they will die, The
wreck was the worst in the history
of the Lehigh Valley line in this
state and one of the most disastit
ovaever recorded on the system.
Crowded with passengers, many of
whom were war, veterans and exeur-
sionists from the Grand Army of the
Republic encampment at Boehester,
train No. 4, made up of fourteen
ears, drawn by two big mogul en-
gines, was forty minutes late when
it reaehecl Rochester Junetioe, and
from there sped eastward to make
up time before reaching Geneva.
The engine and two day coaches
bad just passed the centre of a
four-hnndred-foot trestle over Can-
andaigua outlet, lee yards cast of
- the station at Manchester, at 12.35
o'clock, when the Pullman car Aus-
tin, the third ear of a Lang train,
left the rails. It dragged the din-
ing ear with it, and two day coaches
'and two Pullmans, in this order, fol-
lowed.
All bumped over the ties a short
distance when the coupling between
day cone]) No, 237 and the rear end
1 of the diner broke. The forward
end of the train dragged the derail-
ed Pullman ear Austin and the din-
er over safely, after which both
plunged down the south embank-
ment and rolled over. The free end
of the ill-fated Lehigh Valley dray
coach, where most of the slaughter
oecured, shoved out over the gulf
end, followed by a Grand Trunk
day coach, stripped the rear guard
off the south side of the trestle
and plunged to the shallow river bed
more than forty feet below.
The end of the first day coach that
went ever struck
theea,tenba?�
-
Meat of solid masonry and, with the
other sixty -foot ears bellied it, both
shot against the wall with terrine
force,
Both ears were filled with human-
ity as the plunge was made, and in
to few minutes the cars lay, as mass
of grumbled wood, metal and glass,
rtnder which a hundred men, women
and children, many of whom were
killed instantly, were buried, The
most destruction occurred in the
day coach No. 237, and a dozen per-
sons were later taken dead from the
second day coach, which, hating fol-
lowed the first over the trestle,
snapped its rear coupling and, thus
saved the rest of the train from be -
lag dragged over,.
This second day coach struck on
the bottom - and stood up, the rear.
end projecting a few feet above the
top of the trestle, All of the pas-
sengers in this ear were piled ill a
tangled mass of broken seats at the
bottom of the ear.
Indeserable pandemonium follow-
ed, The Pullman ear, Emelyn,
which remained on the bridge, with
one end projecting over the gulch,
and. several cars behind it, derailed,
and n immedoate danger of going
over on the mass of wreckage below,
were soon emptied of all their pas-
sengers, and these, aided by gangs
of railroad employes from the big
freight yard -s at Manchester, rush-
ed to aid. As the groans of the inl-
jured and dying were heard below,
all possible speed was made, but it
was several minutes before anybody
reached the ears at the bottcim tie
effect rescues.
It was necessary to chop through
the sides and bottom and the work
of removing the victims moved with
painful slowness, Death had come
swiftly to many, a large number of
the dead having had their skulls
crushed in when they were thrown
with terrible velocity against 'the
ear seats and projections. The
mortality was high among the older
passengers, most of whom were bat-
tle -scarred veterans of the Civil}
War and their wives.
LOSS OF $2,500,000.
•
Extraorilinary Effect 'of the Strike
on British Lines.
A, despatch from London says.
British railways lost ,consid-erablte
more than 2500,000 as a result of
the two days' strike last week.
The traffic returns pub?ishe4Friclay
night chow an aggregate lieei ea,a
of £485,000, whereas under normal
eonditionz an increase of £60,000
might have been looked for. On
the London and North-Western the
falling off was £101,000, on the
Great Western £9i3Oo0, on the Mid-
land Line £:ii3Oo0, and on the, Lan-
cashire and Yorkshire, and North-
Castern about £50,000 in each case.
Df course, some of the traffic, on
;he big trade lines especially, is
merely ; delayed; and there ought to
be unusually good returns for the
ext week or two, but much. of the
levenue is irretrievably lost.
o�
BURNED AT THE STARE.
3,000 hien, Women and Children
Watched the -Lynching.
A despatch from. Purcell, Okla-
says,—While 3,p00 men, wo-
men, and children Stood by shoting
their `.approi=ail; Peter Carter; a
negro, who had been captured by
the members of his qwn race, identi-
fied as the man who Wednesday
night attacked Mrs. Minnie Sprag-
gins, wife of a, farmer, was burned
to death on a brush pile in the main'
street of Purcell at five o'clock on
Thursday afternoon, Deputy
Sheriff Hayes and Under Sheriff
Farris, who attempted to rescue the
negro from the. crowd, were over-
powered and locked in the Court -
Too many people 'Waste their
time in condemning the work of
others instead of spending it in
trying to improve their own.
TG A
Young Woman Held Bottle of Alcohol
Over Stove, Which Ex:�loded,
p ,
A despatch from Cornwall, Ont.,
.lays :—A terrible accident took
lace at the 'home of F. E. Bailey,
ass n
aThursday,on when n hi
s
)1dcst daughter, Misr:, Mbel
Bailey,
no ofthe nett popular young
. adicin '1 t;ssena was fatally
Ia ,
Drs ned., ; Miss Bailey and her moth -
21` were . p (paring supper by an
:atcolu,l. ato1e,, And, Mabel held the
�,, ><
i la ti I ilc,.
1 h.r.l n.l. r
t.0 l_. U ,. hJ 'yin
o f -.a,
R •
) e
4� a
'if(
.e
't let;
lin'g w,Si et u151erl ,frons the
Xa c niletrelt
ao
°neet t} tT
raSs lit
4
1 flames, and was assisted by sever
aI neighbors who saw her rush out.
It was some time before the doctors
arrived, but within fifteen or twenty
minutes there were , five of them
working over her. I-Ier legs were
horribly burned from • the- ankles
to the body, and her arms nearly
to her, shoulders. From the Start
tbo..doctors,realired tha site was "so
badly bttrned she sou i snot l ecov :-
or, ,and' -6 ir� ,eeffolts, were rna2nl�
e1' rt.et .--. esseningilz@ st ferns
eared- abo ite One l,vee h urs- rafter"'
a,cci<lert `;She was25',
e;tfand was :vary ''no/palta '
$:
COCiyTlty. Pilt)'lali(kl.
Bozus--s mull tote, $2.20 to $2.25,
Motley -Extracted, in tins, 21 to 21e per
lb. Combs, $2 to $2,60,
haled hay --No, ,I at $13 to $14, on to eek,
ansa No. 2, at $11 to $14.
Baled $tarty --$6 to $6.50, on trach, To.
Tonto.
Potatoes -.-New, in har,t•ele. $4,50, and',
:fret' hush,51,25 to $1,90.
Pouitry-mDucks, live, it to 12o; hens,
alive, 12 to 13o; ehiekr, live, 13 to 15c.
BU"TT'En AND EGOS.
Butter -.Dairy prints, 20 to 21e; infer-
. 15 to 17e, Creamery 25 to 26e per lb.
for colli, and 23 to 24e for sonde,
Eggs -Strictly neer-laid, 22 to 23e, and
fresh at 10 to 1°e per dozen, in ease lets,
1100 PRODUCTS,
Bneon---E,oag clear, 113,42 per lb.. 'in
case lots. Pork, ,short cut, $23; do.. mess
$21.
Yams lSedium to light, 17 to 18e; do,,
Leary, 15.1.•2 to 16e; rolls, 1111.2 to 12e;
breakfast bacon, 17 to lee; back, 191.2
to 20e,
Lard -Tierces, 101.2x; tubs, 103.4e; pails,
lie.
BIJ$INE$S AT MONT =AL,
Montreal, Aug. 29. -- Oats, ^- a.' W,
No, 2, 433.4 to 44c, ear lots. ex.store;
extra No. I feed, 431.4 to 431.2e; No, 3
C. 1V,, 423-4 to 43. Flour -Manitoba
Spring wheat patents, firsts, $5.40; sec-
onds, 84.90; winter wheat. patents. $4--
50 to $4,75; strong bakers', $4.70; straight
rollers, $4 to $4.10; in bags, $1.85 to $2.
Rolled oats -Per barrel, $4.75; hag of 90
lbs., $2.25. Corn -American, No, 3 yellow,
70e. M[ilifeed-Bra„, Ontario. $22 to $23;
Manitoba, $21 to $22; middlings, Ontario,
$25 to $26; shorts, Manitoba, $24; mou-
i11fe, $25 to $51. Eggs -Selected, 22 to
24e; fresh, 171.2` to 18e; No. 1 stock, 181.2 i t
to 20e. Cheese -Westerns, 123.4 to 131.8e; a
Easterns, 121.2 to 125.8e. Butter -Choi-
cest, 241.4 to 24 1.2e; seconds, 25 to 54c.
-UNITED STATES MARKETS.
THE Wly1TEST IOKEsr,
Winnipeg Policeman Shot and Another a
Target for a Pusilade.'
A despatch from- Winnipeg -say
enstaabl£ Trainer u -as shot in t
lung and Constable Brown 11'
fired et. 15 times, but not hit,
three house -breakers whom the a
s' tion only, one same near hitting!
he him, cutting a -hole hi. the le,a f
his troltsers, With another cil ser
as
he succeeded ill cornering toe t'io
b
fieers were trying to arrest
Elmwood and North Winnipeg o
Wednesday afternoon. Trainer
-n a serious condition. Two m
are now in the cells, The noli
were notified that house -breaks
were at work about 2 o'clock, at
Constable Trainer, en his maul
cycle, started for Elmwood, u
armed., He was informed that ti
man had gone to the segregate
district, and located them at
house on Rachael street- Be w<
refused admission, and on going
the rear door was shot 'n the ht
and laic/ out. constable Ervutp,
t who liatl chew sent -to his as;'st-
ance, set off after the men e
as they
lefthI
the r
i 1.
_ tt,
u s
c and :
x
all c>t in,m,
opened tire on him in the street,
and of le shots sent a„ his MAKING SAFE INVESTMENTS
z, in Euclid street, a few blocks from
the segregated area, The finial
in capture of the desperadoes e as
n due to the prrsence :sl mind and
is courage of a youthful esvilian
en The fugitives held op :s trolley
r
.v
Cat'
onEuclid
Avenue, but the ci--
rs vilian, hearing the police v n stle,
Id s and seeing the fugitives urging the.
r- motorman to hasten, pulled off tee
hi- trolley. The men then bacl.cd cut
to of the ear, covering the passen-
d germ and crew, and commandeered
a a horse and buggy driving by, The
is same youthful civilian grabbed the
soghorse's head and ducked a fusilade
p of bullets from the two despera-
SAFETY OF A BOND ODES NOT DEFEND
ON STABILITY OF MARKET PRICE
How nezessary it Is for a man to know
what his requirements arerbefore invest.
leg -flow some high class Securities sag
In the etarAot without win dqubt as to;
their sefety-A moral drawn from the
recent failure of the Birkllaclr Bank.
which was caused by not observing
carefully the nature of Its requirements,
thy ”"Investor'")
In the first of this series it u -as shown
that "distribution of risk' is an import-
ant p]rtuaiplo of investment, It is a very
Pimple one, however, involving no very
contused ideas. !There is ane'tter prinet.
pie to be borne in mind when retaking in.
vestments which is of no hese importance,
bat it is, however, considerably' less ob.
vfons to those whose investment experi.
once is small --and even to many who
should understand its action's thoroughly.
This is the principle of investment "in
aeeordami , withartful requirements."
SuPPese a man wont to a doctor and de-
manded a prescription saying be was ill
but refused to give his symptoms;, you
would comsider that man a Sit subject for
a luuatio asylum. Yet be in not much
more insane than the man who writes to
an investment house and makes the bald
statement that he desires to invest such -
and -such a sum of money and asks them
o recommend, a security without stating
ny further particulars. Last week we
aw that there are at least five important
points to be considered in investing in ac-
cordance with our actual requirements.
It is necessary to know all the "symptoms
of the ease" in order to pick a security
and to recomend an investment fulfilling
the necessary points. Just to -day for ex-
ample I'received a letter from a man
who askedif a certain stock was a good
investment. And it was a good invest-
ment for certain classes of investors, but
for many others it was most decidedly not
so. Yet without giving any particulars
as to whether he was rich or poor; wheth-
er be desired great safety- or `a high in-
come; if he required a readily`` Saleable:
stock. or.. not; he wanted' advice. As well
ask a physician if a mustard plaster 'is
good ler- a sick Man without any- dos.
cription as to his particular ailment. So
these points are not to be passed over
witiout careful study, and if this study
is given them it will result in your in-
vesting your money in a manner which
will give you the greatest satisfaction.
There are two of these points quite likely
to be confused—"Safety of Principal"
and "Stability of Market Price." Yet when
investing in any' -security except shares
of stock, these points are utterly dissimilar:
Why stocks are excepted will be taken up
in another article as the explanation in-
volves some special features too lengthy
for the present discussion..,
Buffalo, Aug- 29. --Spring wheat -No. 1
Northern, carloads, store, $1.18; Winter,
No. 2 red, 921.2e; No. 3 red, 91e; No. 2
white, 90e. Corn -No, 3 yellow, 68 1.40;
No. 4 yellow, 661.2e; No. 3 corn, 661-4c,
all on track, through billed. Oats -No.
2 white, 43o; No. 3 white, 421-4c; No. 4
white, 411.4e. Barley -Malting, $1.14 to
$1.22.
Minneapolis, Aug. 29. -Wheat -Septem-
ber, $1,023.4; December. $1.036.8; May, $1.-
07 1-4;
1.-071.4; No, 1 hard, $1.07 3.4; No. 1 North-
ern, $1.04 3.4 ,to $1.071-4; No, 2 Northern,
99 3-40 to $1.05 3.4; No.- 3 wheat, 96 3.4c to
81.023.4.. Corn -No. 3 yellow, 621-2c. Oats•
-No..' 2 white, 411=4" to 41 1.2e. Rye -
No. 2, 78 to Ito. . Bran -$20.50 to $21. Flour
-First. patents, $5 to $5.20;, 'seconil pat-
ents.' $4.50 to. $4.75;- first clears, '$3.35 to
$3.55; second clears, $2.35 to $2.50.
LIVE STOCK MARKETS.
Montreal, Aug. 29.-A fairly active
trade was done, with sales of choice
steers at 61-4c, good at 5 3-4 to Sc, fairly
good at 51.4 to 51.2e, fair at 43-4 to 6c.
and common at 41-2c per pound. Cows
from 4 to 51-2c, and bulls at from 3 to
41-2e per pound as to quality. Lambs
sold at 6c and: sheep at Ic per pound.
The demand for calves was good, and
sales were made at prices ranging from
$3.00 to $10 each, as to size and quality.
Sales of selected bogs were made at
$7.50, and mixed and heavy lots at from
$6 to $7.25 per cwt., weighted off cars.
I'
WESTERNERS TO TRAVEL.
Prominent Business Men ,Will, .Visit
Great Britain. Next Year. -
A' despatcli4 from ;Winnipeg says,
—One hundred prominent Western
Canada business men will visit the
chief industrial cities of Great.
Britain during June next year.
This was definitely 'decided at a
directors'.. meeting of the Winnipeg
Industrial Bureau on Thursday.
Leading financial and commercial
men representing all Western cities,
will be invited o
c t accompany the
Winnipeg party, covering six • weeks'
itinerary abroad.
CHOLERA CLOSES SCHOOLS..
Twenty-eight 3 ;,eig1
it Dcailts a Day ilepart-
ed in Constantinople.
A des atch' flour :Cons an 3
p tno t
p..
sa s T ere<
h e e .�
w r went a
y � e
rdecsths fromny eholer
4hT hate ;i
4t3yfa1rt3tilrr9p1
casei
tLe
n11dx1'.
repb'r
tYy ltflVO kieeni;sf3�7
For example,' Consols -the famous abbre-
viation for Consolidated Debt of Great
Britain -have , declined over twenty-five
does, thus delaying them till the
police arrived and effected their
capture. Two of the men. 'rt st,-
ed gale their names as Harry Kelly
and Frank Jones, both of Mieeen-,
pelts.
points .in the market during the past ten
years, although -there has not been the
wast feeling that they were not perfect-
ly Seenre,Consols have for years
been Ilie premier irivestmeut: security of
the world and the alteration in quoted
price has absolutely no rtteet upon their
safety to the investor who, without any
desire ever to sell, 11ou214 at par; far of
course when the Government decide to re-
pay them they will do so at par; hat ;For
the man to whom stability of Market was
a first consideration a mere ugfortuoate
hick dabs inve$ttuent could not have been,
chosen. Take the Ilirkbaele bank which in-
veeted bcavily 'in Cousol;t, The :Directors
bought a security and paid a high price
for the element of safety. while stability
of market price should bare been their
first thought. a:s a result of their lack of
Judgment and carelessness in, diagnas•
inu their rertuirenaenty, the hank was forc-
ed to close its deem, So too the mats with
a surplus supply of funds, which he may
require at an indefinite period In. the fut-
ure, but meantime desires a better rate of
interest than easing banks allow.
must chose an investment which will en -
able him. to realize on his, holdings at
short notice with little or no loss. Of
course there are securities of this sort,
'Bonds vltich are within a very few
years of tmaturlty-lweu they will
be paid at par -present this feature very
strongly. The stock of a bank such as the
Bank of Montreal, Bank of Nova Scotia
or of several others of equal merit aro
excellent mediums for the investor who
wants it fairly high and certain return
and an excellent chance in the long run of
appreciating in value; but the fluctua-
tions of erica which lave beset all batik
stocks in the market during the past eigh-
teen months makes them a decidedly unde-
sirable form of investment when stability
is the prime essential, The iiuctuationa
had absolutely nothing to do with the
condition of the banks themselves
seldom have they done a better or more
profitable business. The cause was quite
removed -from that and will be taken nn
fully within the next week or two.
These brief examples serve to show not
only -the difference between "safety" and
"stability of market price" but also -in-
dicate `the importance of knowing what
you want and getting it -
RING MANUEL'S INCOME.
Portuguese Government Says lle
Owes $10,000,000.
A despatch from Lisbon says :
That the Government has ascer-
tained that King Manuel is indebt-
ed to the country in the sum of
$10,000,000, and accordingly will
withdraw Manuel's monthly remit-
tance, as his property is valued at
only $5,000,000. It is said that
the Government` has asked King
Victor Emmanuel of- Italy to set-
tle the debts' 'of -the late:.Queen
Maria Pia, which amount to $1,-
250,000, and that the King has re-
fused.
lIES RTjMXfl-: OUT
End of the Michigan .Industry, Is In Sight
Says Mining Expert.,
g
A despatch- from Detroit, Mich.,
says: That the end of the copper
mining
ning industry. in
Michigan is in
sight, and that it will riot
be many
years before the supposedly inex-
haustible supply of ore in the
s
u
P
per.etln ula will have been reach-
ed;
i�
a on , the s die
1, clo
-.�
B -'n5.
a
sales ma c by Ja Hila , ti
EVER' Y FA1LUR_
OR DISAPPOINTMENT
E4
N
Ir
IS USED.
CONTAINS L%
osTs MORE
THAN THE
RD NAY KIND$
IN CODA
THE NEWS IN A PARAGRaPI(
;it'I'I Ni!►(;S ;ltOyl A.LI. 0
TUE 4iLOBE I A
Canada, the Empire and the World,
in :General Before Tour
£yen.
C' A.:.,1 A.
Sugar was advanced 'by ten cent[
per hundred pounds.
Mr. Nathan Overholt' was killed
by a train at Grimsby Reach.
Mrs. Allen Earn died. at London
from injuries reeeived in jumping
off a moving street ear.
(,'anal traffic shows a- falling off.
for July, cheifly' on account of thq
decline in ore shipping.
The agreement by which the C.
R. obtain an interest in the Quebee'
Central has been completed, and
awaits the ratification of the eceuri-
ty holders of the smaller railway;l
Bids for the construction of the
new navy are still being consider
ed at Ottawa, and it is not likely
that the contract will be awarded
for sonic time.
GREAT BRITAIN.
The British House of Common(
adjourned,
The Duke of Sutherland arrived
in Montreal on his way west, whore
he has bought large tracts of land.
The last census returns givq
Greater London a population of
7,252,963.
The Liverpool strike was settle4
by the re-employment of tr, amwayt
men.
GENERAL.
Leonardo de Vinei's masterpiece
"La, Glacondo, has disappeared
from the Louvre, Paris.
AND STILL THEY COME.
Immigration Returns for July Show
Marked Increase.
A despatch from Ottawa, says :—
During the month' of July, 29,681`
immigrants arrived in Canada, 18,-
609 at ocean ports and 11,012 front
the United States. As eompa, ed
with July of last year, the increase
is 17 per cent. For ,July last year
the figures . were 16,019 at ocean
ports and 9,188 Americans, For the
four months of the current ;fiscal
year arrivals at ocean ports„num-
bered 127,525' and froth the United
States 51,814, making a total im-
migration from April to July in-
clusive of 182,739. The correspond-
ing molast year gave100,3r3 at
ocean ports and 54,669 Americans;
making: a total of 3.55.571.
Y•
TWO MORE BODIES FOUND.
?4Iore Victims Added to Account of
the I'orezlnfne Fire.
A despatch from Porcupine says +'
Evidence cence t:lat the total number of
dead in the Porcupine firewill,
P
never be known is .plainly sro%vn
by the discovery of the remains of
two mon recently. One find was
made by J. J. Anderson, who was
some over
looking '
�. timber on the
Chisholm -Vet': in Tisdale. The kall
of a manand
_ a part, of,ahand un-
der.
a small,. u I, Pedg � rock �snowed
That ilio;yid im sought refa fP6al
ere an lost tris` 1l'.
three months- His report was sub-
mitted to the State Board of Equa
lization on Wednesday. The Board
will
use thi
sr
reportas
p a new basis
for taxing the mines of the State.
His outlook for -,the iron district is
more encouraging, and the -values-
tion
�aas ciclehe, splaces
�.,one
tlie
iron mines
,eonsr ra;b4ige Th'eiron'
piset k11F48 ;
3 o iziro$..;tAllTgq
lathe:ansta
:,fir lir tYc'{'i11l�`4�;t
a