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HomeMy WebLinkAboutExeter Advocate, 1911-10-5, Page 7BEAVERS BUSY WITS Ddb Have Shut Off the Water From Powe: Company at North Bay; A despatch from North Bay says; Borth Ray was in darkness on Tiled- aesday night, no electric- current ding available for illumination. plc, power for the local, plaint is. ierieraa ed on South River, twenty riles away, by the Nipissing Power Company and low water is given rs the reason for the failure of the powver, caused, thecoinpany officials ltate, by beaver dams in Algonquin Park, where the head waters and reserve storage of South River aro located. It is claimed that beav- ers are Bolding back water which ,hoots supply tete power cempany, with the result that not enough water is LOW to supply the demand. Lew water is general this season, and the busy beavers, with their darts, make a bad situation worse. As the laiv forbids inter- ference with the beavers the eaM- pany are helpless, and is applying to the Ontario Government for special permission to destroy the beaver dards and allow 'tle water to reach the power plant. Unless something is speedily 'done, North Bay, Callender, and Powessan will not only have to return to eandle5, but industries will be severely af, footed by the power being eut off, ?RICES Of FARM PRODUCTS -tErif fTS FROM THE LENDING TRADE CENTRES OE hii1ERICA. 1' ECS of Cattle, train, Chews Anti Outer Produce At nome ttpd Abroad. I3I0EADST UFFS. Toronto, Oct. 3,—Flour—Winter wheat.. 90 per cent, patents, unchanged at 63.50, Montreal freight. Manitoba Sours --First patents, $5.30;. second. Patents. 64.00, and strong bakers`, $4.60, on track, Toronto. Manitoba Wheat—New No, .1 Northern, e1.05, Bay ports; No,. 2 Northern, 61.04; mad: No. 3, $1.02, Dal?' Porta. t'ntarlo . Wheat—No. 2 white, red or xecl, now, es to 66c, outsido, Peas—Good miller; peas, 92 to 95o, put - tide. Oats—Ontario oats quiet and steady, with No. 2 quoted at 41 to 42e, outside. and No. 3 at 40o. No. 2 Western Can- ada, 45c, and No. 3, 440, Bay porta.. Barley—No, 2 la probably worth 75o. outside. Corn -No, 2 _American yellowy quoted at TO 1-2c, Bay ports. Eye—Car lots outside, 75o west, and '970 oast: Buckwheat—No, 2 at 64 to 55c, outside. Bran—Manitoba bran is quoted at 623 to $23.50, in bags, Toronto freight, Shorts. 'COUNTRY PRODUCE. Beans --Small lots of hand-picked quot- ed at $2.30 per bushel. Honey -Extracted. In tins, 10 to llo Der ib, Combs, $2.25 to 52.50. Baled Bay -No. 1 at 513 to $14, on track. and No. 2 at 610 to 611. .Baled` Straw -$6 to 66.50, on track, Oro. ronto. Potatoes—Car lots, in bags, at 90c, Poultr3 Prices of dressed poultry in quantities:—Chickens, 140 per lb.; fowl. 11 to 12o ducks, 13c; turkeys, 20e. Livo poultry, about 2e lower than the above. RUTTEIR, EGGS, CHEESE. Butter -Dairy prints, 21 to 23e; infer. ior, 16 to 17e. Creamery quoted at 26 to 27e per Ib. for rolls, and at 23 to 24c for solids. ;I:lggs—Strictly new -laid quoted at 23 to 24e, and fresh at 20 to 21c Der doien.` wn rase lots.• cheese -targe quoted at 15c per ib., and twine at 151.4o. • HOG PRODUCTS. Bacon—Lone clear, 12 to ,121-2c .per lb,. 1n. case 'Pork, short out,., 623; do. mess, $20 to $21:. Flame,'tnedium to light, 17 to 1.7 12e; de., heavy, 15 to 15 1-20; ro11a 11 to 1112c; breakfast bacon. 17 to 18c: backs, 191-2 to 20c. Lard:—Tierces, 10 1-20; tubs, 103-4c; u:�iis: 13ii SINESS AT 'MONTREAL. Montreal, Oct. 3:—Oat—Canadian West- ern, No. 2, 47e, car lots ex store; :extra No. 1,feed, 461.2c;::No. 3 C, wy., ,46e; No. 2 3oeal white, 451-2o; No. 3. local white. 45e; No. 4 local white, 441-2e.' Flour— Manitoba Spring zwheat patents,, firsts, 65,40; do.,' seconds, $4.90; Winter 'wheat -tents, $4,75 to 45; strong bakers', $4. ft,. o,, ft, 'straight rat"fors, 44.25` to 44.40;d Su. bade, 1.90 to 2, Moll oats -115r barrel, 5.� , � eii 5525; ,bag lbs., $2.50... Corn-Arneri- t u1 2. v. 3, yellow, 74 to 741.2c. lIiilfeed-- `to ' $iatt, 'Ontario, $23524; Manitoba. $23: n ,arto 27 to 420; shorts, Slanitoba, ;525; mouillie, $26. to 432.> Eggs e' --Selected, '•; s 24 to 26r; .Na: rl tock;:'u0 to ,• —w4 ectierns .:1911.2 to 14 s 4a: io ,Cheese , , c a ,tl,k ., .�tl ( .,t. t utter. 'C`i:n..C. , 41 a-,. 14 to'4 a6torns, 3.4, to ,25e; seconds, ,74 Y•4 to 4?� Tieee "UNITED STATES 31A11,iC. S, Duffel°. get. 3,—spring Wheat—No. 1 Northern. carloads, etore $1.1222; Win- ter. No. 2 red, 97c; NO. 3 red, 95e: No. 2 white. 95e. Coxa--N'o, 3 yellow, 733.4o; No. 4 yellow. 731.2c; NO, 3 corn, 713.4o, tti1 on treat, through billed. Cate—No, 2 white, 503-4e: No, 3 'white. 00e; No. 4 whiten, 49e, BarleY--3lalting, $1.16 to 51.25, yfiunenpolis, Oct. 3.'.bent—September,. 61.051.2; December, 31,073.4; stay, $1.113.4; No, 1 hard, $1.003.4; No. 1 Northern, 51.- 071.4 to $1,001.4; No. 2 Northern, 51.033.4 to $1.061-4; No. 3 wheat, 983.4o to $1.013.4,. Corn—No. 3 yellow. 67 to 671.2. Oat -- No, 3 white, 45 to 451.20. Rye -•-No. 2, ',501.2 to 91e. T3ran-321,60 to $22. Flour—First eateuts, 55.30 to $5,60; eecoed patent», 64.- 90 to $5.20; Arst clears, 63.50 to 54,70: sec• end cicar4, 62.70 to 33.10. LIVE STOCK 7ULBICETS. Montreal, Out. 3.—North-West cattle, $5.50 to $5.70; no Oleic() Eastern steers; good steers,, one lot sold:, at 45.25 to 55.50; fair, $4.75 to $5, Bulls are of slightly bet- ter quality, and for heavy bulls 4150 was asked, but only $3 to $3.25 bid; light bulls, $2,50 to 42,75; cows, no good cows on of- fer; demand poor; poor to medium, $$4.50 to $4.75; canners, 52.50 to 53,25. One load of heifers sold by ono shipper for $5, Milkers, 425 to $70; Springers, $40 to 660 each. Select Hogs, $6.75 underweights funder 140 pounds), 56.50; sows $5,25; stags. $3.75 per owt„ off cars. Toronto, Oct. 3.—Tho general run of niedinm butcher steady at $5.50 to 35.80, and common mixed at $3.75 to $4.50. Cows, easier at $4.25 to $4.80; extra choice, 45; boils, 43.50 to $5;; canners, $1.50 to $2.75. Feeders, choice steers, 850 to 1,050 pounds. 45 to $5.25; good heifers, $4.50 to 64.85; bulls, $3.50 to ,$4. Sheep market easier; light ewes, $3.50 to $4; heavy, 53 to 53.35; bucks, $3. Lambs; market easier at 65 to $5.50. Calves, $3.50 to 58. Hogs, mar. ket weak, with prospects lower. letters of a son 4i DEATT! REVEALS DUAL LIFE.' St. Louis Lawyer Fled From Can- ada Twenty years Ago. A despatch from St. Louis, Mo., says: The remarkable, story of the hidden life of James M. Sutherland for twenty years a lawyer in St Louis, has been revealed through a visit to this city, of his son, J. Sinclair- Sutherland, of Charlotte- town, Prince Edward"Island. Suth- erland was buried several days ago in St. Peter's Cemetery beside the beautiful woman who for more than fifteen years had held' a high place in St. Louis as his wife. • She died three years ago. She was the daughter ,of a clergyman and the wife of Sutherland's`law partner when he was a Queen's Counselor in Canada. She came to the Unit- ed States after her' husband had died suddenly and Sutherland fol- lowed her. Sutherland's widow and four children are in Canada. CAIOLERA IN TUNIS.` Deaths "Reported Arabs in OAC Day. A ' c e pnsp atch • : from., Paris says.: _l Cholera S epidemic i idemic.' in Tunis; a 1 ree'en v andFreneli protectorate.of northern ak ' i -? and 1lwe colonial f.r c . 'efr =ns has decided to .enforce strict .c it astiires. The French re-' 'sal�R.ai} 1, r .,, ,. 7i. !fly- _rinnt-pfnne1a o, Janis, C Petite, 'has :cut shore hie holiday' pof t . 5 ii- 'France and wilt return to Tunis direct the health measu1'es.' to C.11 T e -Ore reported • to tltzzt ix ` rlcarh. y: Tuesday in the d nn e ,,ccc,.tr_,, . n . capital and 1. i ' of he ca '00 nnw `en sea 0 ITLY Whi ON is RAE' Italian Cruisers Destroy Turkish Torpedo Boats at Prevesa and Land a Force. .ti despatch from Rome: says Italy declared war on Turkey be, ginning at 2.30 an Friday after- noon, following' a session of the Cabinet;, at which the Turkish reply to .Italy's atltimatunn was read, Au official statement from the. Foreign Office says that Turkey's reply to Italy's ultimatum is not peremp- tory as was demanded, batt is eva sive and dilatory. In consequence of that feet the Government de Glared war against Turkey,. After the reception of the Turkish reply therewas a conferenee between the: Premier and the Foreign Minister and the Cabinet. It was decided to occupy Tripoli without delay.. The Turkish Charge cl-Affaires has reeeived his passports to, the frog- tier and started for home on Fri- day day evening. REFUSED TO SURRENDER, A. despatch from Tripoli says; The Italian destroyer that entered the port under the white flag this eftereoen brought a sttmnlons for the. surrender of the Turkish gar- risen. The Turkish authorities re- fused. .4U1 Europeans have taken refuge in the Italian Consulate, and are awaiting the first shot. The Italian eolony is preparing for de- fenee. As soon as the ultimatum was delivered to the Turkish Gov- ernment the Italian fleet established a bloelmele off the eoatst of Tripoli, and no Turkish. steamer is now able to enter, The present mission of the fleet is to prepare everything ;for land- ing the Arrey Corps, which is com- manded by General Cancva. If the Italian subjects are molested by Turkey the fleet willextend its area: of .operations. If the Turkish war- ships attempt action a. strolls Italian squadron will be ,sent to deal with it immediately*. No dis- embarkation .of sailors and marines at Tripoli is to be expected, as flee force would not bo sufficient to sustain an attack by the garrison of Tripoli. The Turkish fortifications ` are armed nilly with small calibre Krupp guns, and cannot injure the Italian warships, which will be able to destroy the forts without difficul- ty. The cruisers Marco Polo and Vetter Pisani left Taranto with the squadron of torpedo boats and de- stroyers under the command of the Duke of Abruzzi. General Canova, with the expeditionary forces, will be accompanied by General Bricola and the Count Giraldi. The first force is made up of 25,000 men. There will be 40,000 men altogether when the entire force is landed. Regiments are departing daily from the chief Italian towns for Paler- ano, Naples, Brindisi, Syracuse, Catania, Taranto, Genoa Aeons and Venice, where they will embark aboard transports. The force will be• established at Tripoli by Oct. 10. Old ships, with ammunition, guns, and telegraphic apparatus, will follow the transports. Aero- planes and probably other airships will be despatched later. The warships blockading Tripoli are the Pisa, Amalfi, Sardegna, Na- poli, and Marese. In addition there are six, destroyers. TURKISH SNIPS DAMAGED. A despatch 'from Paris says The Matin's Athens correspondent, says the telegraph official at Von- itza, Greece, wires to the Govern- ment that a naval battle occurred off Prevesa- at 2 o'clock on. Friday afternoon. Italian warships belong,: ing to the Ionian $quadiron eneoun- tered a flotilla of Turkish destroy- ers cruising off the Boast sof Epirus, The 'Italians promptly atta-eked the flotilla, and two Turkish ships were badly damaged by shells, They have gone ashore in the Gulf of Arta, Prevesa is the eontlaernrnast point of Albania, The object of Italy is evidently to encourage the revolt of Albania, which is smarting under the recent cruelties practised by the Turkish General during the risilig, EIGH.TING AT TRIPOLI.. A despatch from Constantinople say's; The Turkish. War Ministry, according to the reports current here on Friday night, has received a despatch from the late Turkish Military Attache at Paris, who has assumed command of the forces at Tripoli, stating that tho Italians began to disembark Friday after roost, but the 'Parka succeeded u sent ing the first two barges. It is rumored also that Italian forces have landed both at Tripoli and Benghazi. INSULTED ITALIAN ELM. A despatch from Salouica says': Immense crowds gathered before the Italian Consulate hero on Sat- urday night, The Governor of the town mord the Director of police tore down the flagstaff and the Italian anus, which they trampled under foot to the accompaniment of angry howls and the vilest epithets. The Italian Consul and Vice -Consul surveyed the scone from the steps of the Consulate, courageously sun- ning the risk of at any moment fal- ling victims to the bullets of some fanatical Mussulman. The Italian postoffice and other establishments afterwards receiver Similar treat- ment. Grave rows has been received from Albania, where the authori- ties are apprehensive of untoward developments, INDEER FOR FAR NORTif Shipment From Newfoundland to Seth Arrive+(, BOMBARDED RESCHADIE. A despatch from Constantinople says It is announced from Janina that two Italian warships on Sat- urday bombarded the port of Res- chadie and torpedo boats lying in that .harbor, one of which was dam- aged and landed its crew. The Italian ships entered the port and shelled the town, several houses be- ing struck. After taking soundings they left and later entered Port Musto, taking the Captain of the port and three boatmen, prisoners. �UIDREDS YIEET BEATII Dam Bursts at Austin, Penn., and Praoti- 4:Tully Destroys the Town. 'A despatch from Austin, Penn., says ; Three hundred or more per- sons met their death through the bursting • of a dam "above this town on Saturday. Fire followed and completed the work of destruction. The 'curtain' of night, which was rung'down on the flood scarcely be- fore its victims had all been claim- ed, 'and ` its surviving sepetators fully realized' how great a tragedy the elements of ,water and ,fire had enacted in the natural amphithea- tre of the' Allegheny Moirnttains here, was :lifted by. dawn on Sun- day revealing a ghastly scene of death and devastation. Austin itself on Saturday .a busy mill town of 3,000 people, many' -of whom were enjoying a fine autumn ,afternoon as a Saturday half holiday,.,is now, only 'a ghost of a 'town. Torn to pieces by water and eaten by fire, the wet and charred xemnants ,,of its buildingsings , believed to-hold.`the"remains 'of•300 ol',moe •p r person 8, , were strewvn,along • ww-into °s the valley od;,e,piled an Wilerp the Mame street businQ,9, sec tion. was, swept, Or . ,:. t,. in " saat,ter'ed, 1!. mosses fax clown the ravine. The greatest loss - ; o I fe', by fire < ,. occuricd at 'a shxip'�j, he,of" �,tte. valley juet holey; ain street where the debris wasl caught and cern- Pressed with terrific power by the-: cre'i g sweep of the flood.' The, wreckage of the busiest portion of. the'town was carried tothat point and from upset stoves and :lamps caught fire. It is believed that scores of persons are buried under from ten, to twenty feet of wreck- age there, and the ''ask of reent- ering them will necessarily be 'a difficult one. MOTJIER AND SON, DIE.' ,. Was Charged With I3ecausc Latter a Crime', Causing 'Heart Break. A despatch from East Brookfield, Mass., says: Bound together` by straps about their wrists, the bodies' of Mrs. Mary Lacey and her son, J. B. Lacey . of Fitchburg, wwero. found in Lake Lashww ay on 'Wed- nesday. Grief over a ''charge on which the son had been arrested is• supposed to have led thcxn to sui- cide, Mrs.Lacey was 53 years old and her sone 30. Poll RUSSIANAVY. i, • 2• Ctrl to . Erie i.,)1 1 f, 1° rsttu a >. : di are 0.0 $ ,t0S,0' F'J, )Un ti . atch from St:. Petersburg A. despatch, c sa s - The "naval estimates- fort 190; fl hich were, submitted' co the 7c.m2: .on providefbr, e.x enditare',°, ,rof ,S2` 9 ".in3,0 7 , ncrease1,of''a279t0_7,8 ovet 197 patoh from Edmonton says +carloads of reindeer fir Til Newfoerallend arrived i Stan nn Wednesday on the tan Northern Railway from st, There were 43 reindeer brae ears, and a tourtli car was keel with reindeer food, moss grass. The Department of the Interior has planned to stock the district of Maekenzie, and the ani- mals are to be used for carrying purposes in long xeacbee of he, alarth in place of dogs, Tho eon- ignineittcel reindeer left New leuiid- iznd Sept. 8, and passed through MAKING SAFE 1ME R E I THE PRICE OF MONEY AFFECT PRICE OF SECURITIES, uebee oxo Sept. i tci e onton a week later. The 1 will be taken by rail as far eek, sixty miles north of Edlxto t, and from that point they r taken overland to Athaixi.Sol Lainding. Some that have been yell` broken will, be led and the other wall be conveyed in waggons. Athabasca Landing the animals will) be placed in scows and floated clown the Athabasca River to Fort Sznitb , which is their destination. They ww ili have traveled!ally five bion- sand miles by the time their journey- end.. sa all ay the etfect bunds e tese nzatet largcrly vu the teeditiou weakest in market trl Coed Titres and in sad Times Row the Future et the Investment Market is Tending--.QflSet by Easy 140noY Con. tlltlons to London, The Article% contributed by "Investor„ are for the sole purpose of guiding nros- 200tive investors, and,. if poseiblo of sav, tug them from losing money tit- ons h Placing it in"wild-eat" + nterprises. Tho impartial and reliable eharacter of the information may be relied mum. The writer of these articles and, the publieber of this payer have no interests to serve itt eonueetion with this matter other than those of the Tonder. , The other day au investor asked tete writer if the present svaa a good time to buy securities. This was a very simple. quenton to ask, but rather a large order to answer. It .involved carefully, scrutin• fixing theinduenees oontrolling the price, movements of securities, comparing them] with conditions in the past and forecast- ing the future. Tbis is a most important question In connection with the investing of money. and almost absolutely essen- tial to successful speculation. Of course in investment a man need not estimate the future of general conditions in order to insures a steady income and safety. But by. so doing he can ocean. tonally quite easily choose a time when he can get a better tato of income With equal security, or even the same security at a lower cost than at come other not remote time, and so it le quite worth while to attempt this, for while failure to do so correctly involves the speculator In difficulties it merely affects the in- vestor by causing him some disgust at not waiting longer, or at not purchasing sooner. 01 course, the true investor need not worry over this feature, but even if you should intend never to sell your investment, it is always a source of sat- isfaction to realize that you bought it at a lower price than it would bring at present: Thera are two things that affect the market for negotiable securities—that :s securities which are readily bought and sold. One is the loaning price of money, and the other is the general condition of business. Sometimes 'these work together, some':tnes in opposition. When 'working together their power is irresistable. Usu. ally, however, they are in opposition; money generally being low when bust. Less` is bad and high when business is good. The effcct'`of these renditions is this. When moues rates are low and business. bad and likely to get worse, high-grade bonds -such as good municipal debentures will advance. The reason is, of course, that municipal bonds are practically un- affected by adverse business conditions' and, therefore, their price is influenced almost entirely' by the money market. When money is cheap. that is loaning at 31.2 and four per eclat. on good security in Canada—it has been, many years since this ocourred, and will probably be many more .before we see it again -bonds yield- ing 4 1-2 and 5 per cent. are eagerly sought by banks and insurance companies, as they present a return—some run to 11.2 points above what cpuld be obtained in arket—and at the same., n the m loaning o time the safety of which is not affected by conditions of general business, This fact' eau`ses the price' of the bonds to advance and the yield to; fall until the lea xin nrice of money and the, return e p, on bonds U roxinlately� errual. are a p t middleg aryfor bad rade bonds will .remain statinn- - lousiness conditions, ref,lz.1D , -.' tent a i. tet ottxwet any e!feet of clteatr money. On tllcl athor ttstt3d, tvi,exa buai nos Is good and money dost utero tentleocs for itigh.rrade bonds to dee clue; for the banks eau kelt theut ate they only yield a low -rata of 4 to 41.2 per cent at such a time, and loan the money at a better rale, other bonds, yielding a higher rate, and beeeneing the tuore secure the better the uuslnesS oaa look ts, 'will tend to advance. The :present tendency is this, Ironer clear and lauyinrns- very good, Indeed. in. Canada, There tore higb.grade bonds sllanld euso off. Titer will not do so to any appreciabie extent because ]sigh grade municipal bonds are not handled on the Canadian markets, but are dealt in wholly by private sale. But you will notice that tbo prices which good mu, nicipalities get for their bonds are lest this year than last, In foot, from all appearances. the prices aro getting down to a level where they yield a return ap- proaching that on free money. Excellent business conditions. however, are taus, ing securities of a lower grade to ad, vanco, because their safety is improving and because, yielding a higher rate, the money market is not yet too high to in fluence them seriously. 4— CUTTING DOW' YUKON :11AIt„ Only Lighter Forms Forwarded and Other Restrictions Imnoscd. A despatch from Ottawa. says: After the first of October restric- tions were placed en the kind of mail to the Yukon to be sent on- ward from White Horse. This is owing to the closing of navigation., All letters, postcards, single -wrap- ped newspapers, periodicals, etc., will be forwarded; but newspapers and periodicals sent to newsdea.lers for trade in bulk, books and mer- chandise, circulars, patterns, and samples are excluded. The par- cels may be sent to White Horse by mail to be transferred there to; the express companies, and the de- partment will transfer them to these : forwarding agencies there, but assumes no responsibility. BORES IN A CHURCH. Four Iiillettrand Fifteen Iujurcd in Mexican Town. A despatch from Guadalajaru,l Mexico; says • A terrific explosion of rockets and bombs in a crowded church _ `here, resulting in four deaths and fifteen seriously injur- ed, cast a shadow of gloom over the, '• merrymaking attending the coming of Madero en Wednesday. Of the wounded many were so seriously f burned or trampled in the panic which followed that they are believ- ed tohave bean fatalIy injured. J RESTRICTIONS Il,E MOVED. be Iral« a, li Live Stock May ,Now w British ort I cd rte Canada. r I? A despatch from Ottawa says: The British Government has noti- ed Canada that ,the' restrictionai', prohibiting,he importation of tis, sheeP and other 'ruminants. and; dd ;;,. swine from the t nited N.ingdom - �o -Canaela,: on account of the p re l valence of the. foot and mouth; dis. f �;' bee°. re, the . o ease- in e trioti rs have `cent ht�ra o moved.: T til :Y 6 ni J r lti 0 ealleatieler