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HomeMy WebLinkAboutExeter Advocate, 1911-9-21, Page 6ragoons Charged. the Mob .r. .e With Pitchforks at harievii a deSlpaatth us r aalalst« icla )gags b sxor en; agemeaats #rxr la $NleS Were. r *eta (reit 3tlit'rs, Chaney ktM of serious day. Crowds ntr G Around Its, attempted a 1k of the town, .sx haastily., upon then it a ielit tlae' r�lclaizniia PRICES OF PARR! PRODUCTS id:TOR `S FROM TflE I, ';Al3Il i TRADE,' CENTRES OP tires of Cattle. Grain, Cheese, and purer Produce at ilotne and Abroad. IlltDADSTUi s Toronto, Stitt, rlt>.t l0 per eent. p,atente, $34: .to $3,50, F`oTMt- real freight. 1a .asat)1 onra- b real i+a•'. terata. 93$01 second patents 94,60, and'' strong baker4". 54,69. en teaek, Toronto.' M4nit.Obk wheat --No. 1 atP-,091-2., and No. 2 et $*.08, Bay ports. New wheat 11-20 leas. € et<ario wheat --No. 2 white, zed ,or mixed, new, quoted at $6•e, Outside.. Peas --93' to 95e, outside, oats -Odd No, 2 at 40 to 41e, and new 391.2 to 40c, to ear Iota, outside, No. i4es"ern Canada, 461.-2e., and No. 451 a , Bey ports. Barle;?--two, ? i9 probably wtsxth 76e oat^ Cora- No, eriean yellow, 70 to 701.2e, Bay ports_ Rye-t'ar lata outside, Tee eveSt, and .n 'A '4. y"Qrlc. A t`reia,. s pforth of laa'is,; toed with tele - of exceptional around ar hue by to red gag, . ltlrgo force r 1 WA rXat"t Isle front 01 with ular in- gim nt Inedt li ee- eat --1o, xta1,' to aCc, o' t, 3lanitebe gran, 523'.60 to aM4, ilia TOrouto fre4.14. Sh.Ortsx `5. COB mamaramosmanzamaxemmalmetsan Put a strong glass on the label and examine it closely every time. Always look for the name " Gillett's.;' Like all good articles, which are extensive)} advertised, G1Hett'P Lye is frequently and very closely imitated. In some instances the imitators, have actually copied directions and other printed matter from our label word for word, Be wise; and recuse to purchase imitation articles for they are never satisfactory, Insist On nettin Gilletts Lye and decline to accept anything that looks -to be an irritation or that is represented to be "just .as good" or "better," or " the same thing." In our experience of over fifty years ire business i,}re have never known of an imitation article that has been a success, for imita- tors are not reliable people. At the best the r° just as good" kinds are only trashy imitations, so decline them with thanks ° t every time, G1Li t;TT's, =, W e E.w. ILLETT COMPANY MTh wlh^i' pyo, TORONTO. ONT. toaNTiMAte 13,731 all :kora of kzattd.ltieked, 92.30; Zer baa 110.1. UO3'- :itraet.^d, in tins. 10 to 'ilqper Caznatrei, 92 to 52 25, -No. 1 et 513 to '$14, gu track, at s10 t sit, tiled btraw-$3 to $3,50. on track, To. 5 C)f c"ice*ti 1771 ai fte Was Thea .' 0. tatoe a in hags, $123 to St MA SAFE NYESTMENTS PEC t1tAI ON 3 1 M7C N 151F. TMENT, Loss Not Limited to Amount of Original Outlay-laividing tine Between 1nveee, bleat and SpectilatiQn Not Clearly Dee Ilnetl-?ip;WW Mrs SpeGaslzdoO as f,lara1I) d What "margin" prams, nvestor"3 tlaia Berea itr; i*e a ho'i u o€ mac as an invest*sent, It t ever, involving llaere ie aauelrler, Pr ai lig104 when =taint., is tat no, less iui ztortsaaa er. c+ansideral 1 " 10s4 c as where iateeetauaut expos 1 and even to many wlaty l inferior w. to Rbc ar solid) . or i 1\.10 •, IRatssaw, that Ile. away s zl 0 3 \ tat r d d r c iln z iia tlzeattire pelf°fcarthflee her r tl Thn.rsig t, pis assailant nits Arre-tell. Thee was a gala per- formance at'the opera in the pres- 01101 off the. Emperor of all the Rus- . Two revolver ,hots in rapid l»taccession elketr'il e l the .audience, grad Premien Stnlypin sank to the fla!or. "Thee who were near by saw V hurt. °l `here a r x 1\' 1' E' ( r " Y Ilial its t , call 11 la laS �,:`,C.tt )alcor ll t x the �''te art theatre, and in r r, tFi alio Iniposnible 'to obtain the least de- tatils art assassination. It is report- ed that Stolypizz's `wounds are rata tats. The Czar left St.; Petersburg a few days ago, accompanied by Premier ,Stol rpzn, to review . the statue of the Emperor Alexander TI. at Kiev. It was the first public ap- pearaince of the Czar outside of the. capital `in some years. WILL R1'S.1I Central Canada' Railway to Build From Montreal to Ottawa. A despatch f rl m OttalTa says: l Cen- tral tv at directs r of the Cen trail Railway Company of Canada,. the Railway Company, which is said to own over a million acres of land in the Ottawa Valley, and eontemplato:'s connecting Montreal and the Ge{ I'ginn Bay by a, new 1inr', :hurl will be started on 'thc ??Montreal -Ottawa section of their road this week, and forty miles of a track will have been graded be- fore the snow falls. The work will commence at Hawkesbury and will go in two directions. Track -laying will not start until Spring, when the work will be pushed vigorously-. !' 11I.1S.ISIN G AT BRAND ON. Good Yields Reported :Wheat (trades High. A despatch. from Brandon, Man.., says: Thrashing is well under way. Some excellent crop reports are coming in. Mr. John Clark, one of the big farmers in the Roseland district, finished thrashing 'on 'Tues- day night. From 3,19 acres in one field he has 3,317 bushels of fine No. :1 Northern, twenty-eight bush- els to the acre. The balance of his crop is quite up to this splendid showing, and Mr. Clark says his yield is no better than others in his locality. Reports from other districts are also very favorable. '!'f1 STREN GTIIEN GARRISON. British a t Send Thou- t l War 'l at Office o p sand ;tier) to Jamaica. - despatch from Eingston, Ja- maica, says : It is reported here that the British War Office is arranging to send very soon 1,000 artillery and infantry to strengthen the lo- cal garrison in view of the inereas- ed importance of the station which will come with the opening of the Panama, Canal. It is expected that the naval yard at Port Royal, which was burned last spring, will be re- opened soon. FASTEST IN ILE WORLD, Ger"znaan -'s Nen' Dreadnought 'De- velops Phenomenal Spcetl. A despatch from Hamburg says; It is claimed that Germany has the fastest warship in the world. The naw dreadnought cruiser Moltke is credited with ,a- speed of 29X knots' on her trials. The Moltke is a ship of 23,000 tons and 80,000 horse- power. CHINA'S NAVAL PROGRAMME. Will Have Eight Battleships s With- in Text Seven Years. A Pekin'despaateh says; The Min- istry of Marine has drawn up its programme, which will give China at the end of 'seven years a fleet of eight battleships; twenty cruisers, ten smaller vessels, and fifty tor- pedo boats and destroyers. It also provides for four naval arsenals. S(.111(JOLPOIIS GO OV STIRT E Pupils at Various Centres in Britain Ac -,opt - o t Tactics of Their r BI r s. A despatch' from London - says : Young I'En;land; appears. to be i.n. l- , g . i , ex- ampleof ianrest� following the set in the recent strikes by the laboring classes. 'There have ; s of selrcOlboys at Lon- don, strikes ., don. Liverpool, Manchester, Hull,, Sheffield, G-rimsby, Llanelly, I;rad- for'd, Ashton-C,;nder-Layne, end even in, ScotLLnd': at Le'i-th, The 1>(}{". drew rllanifcstc,es, held_ de- monstrations, up monstrations, nd engaged in pick, 11o(1 .P101D1; ("T$. Welt =1a )n eleor.12e er lit, 'itt etre 3; � � c�a 0 rtta, P,.rl,, rFiaarrt t t, 5«a, di)„ mess„ (t2 tea' 921. 1t;aurs, ueealium to lislrt. 17 to 1rcr;,vY. 15 to 19t3e; rolls, 115.4 isa 2:; 1)reiekta5t tt:tcon, 7 to 18e backs; 191.3 to 20e, Lard -'Pierces, 101.2; tube, 103.4e; pails, Ile. U 7ST;,SI,dS AT MONTRBAI;, Montreal, Sept. 19. --Oats - Canadian W'estern, No. 2, 47e. ear lots, ex -store; intra No. 1 feed, 451.2e; No. $ C`, W., 46e; :No, 2 local white, 451 20; No. 3 local white, 45o No, 4 local- white, 44 1.2e. flour- Manitoba Spring wheat patents, firsts, 95A0; seconds, 94.90; Winter wheat pat. eats, 94.75; strong bakers", 94.70; straight rollers, 94,25; in bags, 91.85 to 92; rolled oats, per barrel, 95,25; bag of 90 lbs, 99:$0. Coro-Aintrican No. 3 yellow, 72c. 1litlfeed-Bran. Ontario, $23 to $24; Ma- atitoba, $23; middlings, 'Ontario, 927 to 928; shorts. Manitoba, 925 ii ouillie, 926' to 932. Eggs ---Selected, 24 to 26c; No. 1 Stack, 20 to 23e. Cheese -Westerns,, 133.4 to 141-4c; easterns, 131-$ to 135-4c. But ter--Choidest„ 26c; seconds, 251.2 to 25 3.4e. 'UNITED STATES 111ARRETS. Buffalo -Sept. 19, -Spring wheat -No. 1 Northern,' carloads, store, 91.0712; Win - quiet, Corn -No. 3 yellow, 71e; No. 4 Yellow. 70o; No. 3 corn, 693.4c, all on track, through billed. Oats -No. 2 white, 480; No. 3 white. 47 1-4c; No. 4 white, 461-4c. Barley -Malting, 91.15 to $1.22. rye -14o. 2, 94e,' through billed. Minneapolis, Sept. 19.-Wheat-Septem. ber, 91.01 7-8; December, 91.03 3.8 to 51.• 031-2; May, $1,073-8; No. 1 :hard, 91.055.8;. No. 1 Northern, $1.033-8 to $1.047-8; No; 2 Northern, 51.005-8 to $1.027-8; No. 3 wheat, 95 3.Oo .to 81.00 3-8. Corn -No. 3 yellowy 631-2 to 64e. Oats --iso. 3 white, 431.4 to 433-4c. Rye -No. 2,; -811 -2 -to 82c. Bran 921.50 to 822, Flour -First patents,. $4,90 to $5,15; seebu11 patents, 94A0 to 94.65; first clears, 93.25 to 93.75; second clears, 92.25 to . $2.65. B Or NIONTREAL ROi Safe t. taint its aetious thorough) wait aetrulf investment 'rkao rl,lvidiaag )islet between specula*dog, and inner tlnent is not always eloor, auil i disenasiug investing 3tis not un .proot.' lt into A to -. 9 i r`:it3... Haatte i1 Q •ip the 1pd til . t t 1 014 where "eefet,' of priouiper is held. n small esteem in soanitnrisou with ltreepect of appreelaatinS in value"; and "rate of income" IS a deeidedly seennd- are Consideration. Of -coarse lig l:caaartil it Is underst0otl that 000 Willa IMYe mining stocks "speeu- fates," and one who buys bonds ":invests," But where one matt buy» ltigh•c1aes stocks outrightas a speoulntfon it is )hard to eeparaae hiui from the Investor, and for Practical purposes lie is. such. Spenulatlon takes many forting. In. (,general,' however, it is done on "margin," unless mining shares are bought, Tho latter aro subject to such violent changes le prices in tier market that no broker who has any reputation 'worth consider- ing will buy them except for clients who are prepared to stay for them. outright. Wben one buys a stook on "margin" it is customary to go to a broker who takes the order and makes the purchase for a small commission of a quarter of. one per Cent. on the par value. The broker, being a responsible person, AS his possession of a seat on -the Toronto or Montreal Stock 'Exchanges, costing as they do some 920,000. would indicate, . the client. as soon as 3m is notified that his stock bas been bought pays the broker fifteen or twenty per "cent. of the market value of the stock. This 20 per cent. is the '"margin." Sometimes it is allowed as low as 10 per cent, but "narrow" mar- gins are most dangerous. The broker takes the, stock purchased to his bank. lei us say it is Toronto Street Railway of which he bought 100 shares -and there makes a loan on it. The stock cost $15,- 800, as the market in "Toronto )tails at this writing stands at 158. The bank will loan:' 80 per cent. of this amount, or. $12.640. The client's margin amounted to 93,160, so that the broker 10 not out of pocket. The *broker has received 925 commission for buying the stock, finding a bank to loan, money thereon and be- ing _responsible for the loan's repayment when demanded, for banks loan on se- curities "on call" only, This means that the loan must be repaid at once- when isnotverystable Asthe laine for. asked+ being used for keeping active surplus bank funds not required for the moment, and may be called at any time, the bank generally charges a lower rate than that LIVE STOCK MARKETS. Montreal,' Sept. 19.—Choice steers sold' at 534c. good at 51-2c fairly good at 5 to 51.4c, fair at 41=2 to 4 2-4c, and com- mon at 4 to 4 1-4c per pound. Cows and bulls were 1-4 to 1-2e per peund lower,` the former selling at 31-4 to 5c, and the latter at 21.2 to le per pound: Iambs' .charged on general discounts. So the sold at -5 1-4 to 51-2c, and sheep at 31-2 to 33.4c per pound. The demand for calves was good.- at prices ranging from 93 to 510 each, as to sire " and quality. lio g s $6 to $7.30 per Cwt:, as to quality, weigh- ed cit cars. 'Toronto, Sept. 19,—Choice offerings were snapped to early -at prices ranging from 96 to $6.25; medium to choice, firm at 95.- 40 to 55:85; good bill -cher cows and heavy eting like their elders. Theyto 525• ,�' a justbulls, &rm, at $a;50 50...0, medium a,xl object 'to the use of- the cane h , - c 3y I ci)nanzon, at 83.75. to 5..25,. e:znners at $1.- schoolmasters. , and also want an50 to .,9��.0b. sheep Beep steady, heavy P.• ewes;. : ..,3 to i;3.2o • light ewes, ?;3.50 5.25. - to 4 du?I and easier, at 95 to 55.42: ,+e,.rlq` 'at R.19,` 4.o.b , and $7.43 ;stored, extra half -holt -clay 001 ^ Wed neuiay afternoon. At Islington. the bus smashed stheschool-winclnwye with stones, and in Hull there .v« s pro- to rt7.50; T�•d inanseuolls-stone-throwing with uolt damage e 'to wind ows, in ,tile • ncap•h-• _- horhr :r1,' l>a most Aires the` strifc'e ',Vow We e„ nv met .anri carving's have been 1" t lte_1'h-e collapsed .... order. Crackers Blow O Sen Safe at New Westminster, B, r 01 Gle�lratcla Iain New Westlnin- I3.C„ says: Two hundred a:.1d it thousand dollars was stolen o11 Friday from the 1)9'ant:11 tie bank of Montreal in 'this the by the frog Math the cif vita t> -ply eeri11C, and gist clear their )plait\ with,int 1, e g 1t,"t'a1, e \Copt by a C'lliSwse 01710 - ker. They probably escaped a\ n the ?Frazer River in ;a, launch, broke of the to cl,se by an automobile inward Vancouver, Actual figures of the losses weo'e obtained in the after - on from Manager G. 1). Brymer, wlao has been in ` charge at New Westminster for twenty y"enrs. There were $339,000 in the bank, and of this fa253,000 was taken, Of the : amount taken $150,000 even were in five and ten dollar bills. .)'hese were all new, and the bank a till 11:14 the zlurobers azpcd zts errs than t)aa?i malent on themt"aza bo st•,IaA l)ed,' There was i34,00t Fla gold, of wi4eh s�i0,000 was taken gaud the reniaaz.ctear 'left. An*tri lark . lnount of money ,watt paying rift fishermen as from. the loop fields, 'rile first known of tdit s when the (Mines,`cztretahatr "ed at the police station a,t 5,0 tip"eIoek and gave the ala had Managed to work loose hem the bonds with which he hard been tied after" the robher4 had depart- ed. Chief of .Police -Bradshaw hur- ried to the scene, and all available tii aCel S were '�lesSCS L at service. but the onlyobtai±abla clue u that given thoroughnessL)y the Chinaman. From the thoroughness of t. 'lop and the c ) the tools with which the work was done the loeal officers believe the same gang which has been at work in Vancouver diol the yob here. 171, terest charges. Suppose at She end of tiro year the stock hes ad -0 need to 163 and the client sells. The broker gets 916,500 for the stock' and the elicnt's ac- count would look somewhat as follows: Debit Credit 100 Tor. ?)ails (3 159 ...,$13,800 Brokerage ..... ... 25 Margins ,,.. .,. $ 1160 Intereat ,. 738 40 Dividends ... 800 100 Tor. hails said ... 16,300 Brokerage 25 Cheque for balance' ... 3,652 60 ai 4 920,260 00 920,260 broker pays, at the present time, 51-2 per cent. and charges the client 6 per cent., the difference being considered a fair charge for looking after the loan, pay- ing the interest and handling the client's account. . Now. supposing that 'while waiting for an advance in price the client has to hold his stock for a ,year. The interest will amount to $758.40, of which the bro- ker gets 963.20 for handling the loan dur- ing that 'time. :And „generally in the eourse,of a year the broker amply earns his money for the lean may require shifting a dozen times, when as many banks it repaid. And sonzctimes loanc `are hart) to nralre Tlac, client re calves; however, dividends on hi:, par- cha o at the rate of 8 per cent en the n •'V=,v1{i t par 'vel ac—an': ` marc,,,, -,Ar, case. of Toronto K .. wa -arid : so at the 'end of tIm year something, .� has .receeeed' 941.60 more than the in 1- e So that the client receives back his mar- gins and about 9500 of profit, Of course, in this example, the client was quite" fortunate. Ile had only. put up about 31 points on the market price of the stock which, however, might have de- clined that amount. But before it had gone down very far the broker would have written a polite but firm note ask- ing for sking'for further margins, and the lower the price went the greater the amount of 'margin required. Finally, perhaps, the client would sell out at a substantial loss, as he • could not raise further mar- gins. For, .remember . this, in speculat- ing on margin, the margin does not lim- it the 'risk. Legally, you own the stock and the broker only loans you the money to pay for it, and keeps the stock aS security. The fact that am is turn bor- rows from the banks'' does- not alter this fact. And so, if yqur stock Should drop down 10 nothing in value you would have to stand the .loss and the broker could torso you to make good the amot7nt through the law courts. "You could, 08 course, limit your losses to a terrain point, bat that Is seldom done, uud, is nit often ;satisfactory: Qf course, had you boon an iisvrstor and bought the .stock to hold you would not have been werried by a drop is market price; for while the specu3atoz secrifleed safety to prospect of appro dation, the investor would not hav4 oti erlookcd sorb au important feature. ^"ter VOLUNTEER POLICE FORCE, British ' Government Gontcmplater a' orination in Large Centres. A despatch from, London, sayst ' -It is announced that the Govern, nlent contemplates the formation of a volunteer police•,foree in each of the large centres of population. This is for the purpose of toping .with emergencies, like the recent strike troubles. .1. .. KILLED AT TILE ,Soo. xYlittiCBCurrie Toronto Fell fifty. .(�i 1 o � Feet Front 'fridge. A despatch from Sault Ste. Marie, Ont., says: James Currie, aged 25, an. employee of the Cana- dian 'Bridge, Company, who hails from Toronto, was instantly killed on Friday by falling fifty `feet from the bridge which is in course of construction over the Montreal River. OUNT ETNA, ELCHING LAYA The Eruption is Proving Disastrous t CqT , , o those Li'ing in .Neighborhood.. A despatch from Catania, Sicily says: The eruptio i of li'touni; Etna is assuming the -proportions ot a real disaster. The lava • stre.zin whose path crosses the railway line circling thevolcano and whiclex- tends eight mules Irom its source, is approaching the railway stations to the north ands especially threat- ening the depots of Moto an•cl Al- caltra, which were abaandc>ncd o,l '"lTednesdty. - S;1uads of labnie:•:: v'eti'e at work raking up th^ ma.. road tracks and removing al; ± ;on' - o •alc material 1.0 lace- r, f ;s; A'.. l) i t ..) place- ety with the idea of nein::r-_..__ee toe loss's. The entire crest of Mount int:: -la appears to be in a state ebnilition', An exact count of the number of fissures is impossible, be- cause of the smoke which shrouds the whole mountain but there seemed to be more than seventy, new fissured all be,lching sp'noke ;and kava. ' The. eruption means, :great sulierin,, for the peasantry. rine o slopes f- lfini'' with pan area of l �, more 117:a 100 square miles cup - Pert papulation more- dense that. t ,the,-. .other portion ofSicily �-fir 4,it air Etat .. There are s'aty c les and villages in .the 'catirc aria. ,AL;.11s al -Nails