HomeMy WebLinkAboutExeter Advocate, 1911-11-30, Page 2re
We beg to inform ()ur many thoueauds ani ettstonaern that in, cons
quenee of further inereaeed cost
O H GROCER 13 E i ITLEQ TO CHOSE c PER Lib kIVn CE
Fin- the Eine, Orange and Pink Label etends of
until colnditious become more favora,ble. The east of all teas has been
aclvaecing rapidly for malty months past, due to the shortage, of sup -
Plies and the tremendous in.erease in eoneumntion of tea throughout
the woad, but we have delayed increasing the price until absolutely
necessary. The same high-grade quality will be carefully maintained
it • sp etive of price conditions,
Tho: 1 Lfl ton,
r anh
St. East,
Tbro371
ST TEA 4S "t'iE E BEST POLICY
0. Ont,
Col
I
sondeit days They Are Besieged
By the Turks,
despateln ' f rt ut Ia pis, say
That the tows of Ta'ilrnli 5 Virtual
ly besieged by the Turk;.,, arms! that
Home is in <)n better eituatnon,
is the (+piuic,n (f a ctnrrespolnslent
of The, Temps, who bas succeeded
in joining the Ottoman forees near
Zouaghwr, He telegraphs regard -
big the Turkish side of the war, and
says it is; certain that after a 111074th
land a. half of war, after largo ex-
nendittrres and ,serious losses, the
t'taiiia;as are no farther adtiiszw ed
than on the day following their'
di senlll.tri atican. If the • Turkish
Raves are inferior in numbers to
the Italians, they make up in con,
641enee Isrhat they lack in numbers.
rzt-pes;tcd to find disorder altd
discouragement On the cola-
traay. ev'eryywhere. I net order, dis-
cipline .and contentment. Itatient
and ready for everything, the
Turkish soldiers is accepting all 'a
without t:olnplstint. If 119 suffers
hg knewe it i for the Empire of
I� lam, while the Arab knows that
if lie dies paradise with Moliam,
wed will be his,"
The food of the Turkish army is
frugal brat suMeient. Arms are
Adequate, many carrying rifles,
captured from the enemy, The
correspondent diel not And any dis-
PRICES OF .FARM. PROROCTS
.iEt'91 $ r t}}t TIM k. i:i•5Ai'i ty
nall t OENTlt.�I.S OF
AM ERICA.,
of Cattle. Grain. t:bese
Other Produce at Homo
and :‘,..broad.
i37tEzlDST ,rFF's, .�
Toronto. Nov. 28,—Flour—Winter "wheat,
90 per cent, ;patents, 33.50 to 33,55. sea-
board, Manitoba flour—First patents,
5.5,50: mond patemte. 65. slid &tre t; leak -
era', 54,80, on 'track, Toronto,
3fauitoba wheat—No. 1 Northern. 151:
071-2, Bay ports; No, 2 Northern, 31,,
041-2, and N. 3, S1,01. I3ay ports,"
Ontario wheat No." 2 white, red and
mixed, new. es tet ese. high freights.
Pegs -Good milling Peas, $L15 to $1.20,
outside.
Oats --Ontario oats—No. 2 at 44 to 441.2e.
outside. and No. 3 at 431.20; ear Iota 4t
No, 2, eta track. Toronto. 4? to 471.2e,
Western Canada oats. 46e for No, 2. and
at 45o for No, 3. Bay ports,
Barley—No. 3 extra, $$o outside; feed
barley, 75 to We,
Corn—New No. 3 Auterieau. 70e, Pay
ports, and at 71e, Toronto freight,
ItyeretlUr lots, outside. 90 to 92 for N N.
2.* a
Backteheat-40 to 62e. outside,
Bran Manitoba bran, $23 to 323.50, iu
age, Toronto f; lit, Shortti, 325.
*ices
and
ri
•
COUNTU VEO101TQI7,
les --Winter atu/ak, $3 to $4 per Mall.
'Swine—Small, lots of 'hand -picket!, S2,-
25 to $2,30 per bush,
hones Extracted. in tins, 11 to 12o per
7b. Combs, 52.50 to $235,
Baled hay --No. 1 at. $16 to 316,50 gra
troop, and NQ, 2 at 214 to $14.50,
inaled straw—$7,50 to $B, ort track. To
sensita.tns among the Arabs and the roma.
Turks. The Arabs, whose forces
had lett been swelled by the fierce,
war -loping natives of A>,israta, are'
most enthusiastic, insisting that
flat>y should be marched towards
Tripoli to recapture it,
The correspondent is unable to
divulge the numbers or plans of de-
fence and offence of the Ttirks,
merely saying that their foreign
Military attaches must have made
helpful observations.
WOIIK FROM SHbL POWER
Can Run Street Cars With Current Found
n Telephone Circuit.
A despatch from: New York says:
The most recent invention that
Prof, M. I. Hupin, of Columbia
University, expects to spring o11
the woeld was spoken of by him at
Wednesday's meeting of the Na-
tionel Acadetny of Sciences, in the
lecture -room t�f the new library.
Faid he was not ready to go into
the particulars just then, blit." by
the nest meeting of the Academy
in April ho would be prepared to
explain to the scientists how he
could get incredible amounts et
work done by the use of small
quantities of electricity. The ma-
chine that would do this, said the
professor, had been discovered al-
most through accident and in fact
his first one was broken into bits
at the first application of a small
current. As an example of the
utility of his machine ho spoke of
running street ears With the current
which was found in a telephone
circuit- The principle had not
been knee n before, he was sure.
SIIJPM1 NT O1 .fIII�IK.
Board Makes Order 3t s
eLt
ig
Handling and Return of dans.
A despatch froth Ottawa says:
Aln order of great interest to farm-
*rs has been issued by thr>. Railway
Commission as a result of an appli-
ration made on Jnne gee by the
iriontreil Wilk Shippers' Associa-
tien. This provides that every can
shipped must have the owner's
name stenciled. on it, and covers
armly attached. They must all be
Loaded on the cars by shippers, and
the empty ones will be, returned by
the railway "companies without ex-
tra charge. Ii there are under
twenty empty cans the railway, will
unload these; if there aro under
forty the shipper must supply one
rnan to aid; if there are over forty
the shipper must supply two. If
any train is delayed over thirty
anintxtes the trainmen must load the
milk.. After the l st of September
next year the railway companies
• will not be forced to take any can
less than eight gallons.
MURDERER MUST JIANG.
Duke of Connaught Declines to In.
teriere With Sentence.
A despatch from Ottawa says:
On the advice of the Cabinet, his
Royal Highness the Duke of Con-
naught' has declined to interfere in
the sentence of death passed upon
James A. Leak, a Hungarian, who
murdered hie rife and her parents
near Saskatoo t. There were no
extenuating circumstances. This
is the first capital ease to come be-
fore the new Governor-General.
�• rM -
SI lTY PERISHED..
Austrian Steamer Wrecked in
Sirocco n'r.lricll Swept Coast.
A despatch from Vienna says:
The Austria'* steamer Roumania.
was wrecker on Friday near itovig-
no. It ,is r ported that sixty per
sons were drowned. A sirocco has
swept the coast of the Adriatic for
three days and caused much da-
mage to shipping.
1
u
6-11.11IN CROPS
�'e
the International
�a,bi�d By institute . of
i� 'i
r
�, �IrL� eat Rome.
A ��. �i
A despatch; froma,shiru to
says } International Institute
•: The Int
i?f hgiiCulttf e. at O e, Italy,has:.
cabled' to tl-ie -United ,States 'De-
partment, of Agriculture its esti-
iilates of world's Cron of production
a, 6oIIovvs
11 eat, per er cent of last
year's or v 0`51,783 0/�
.00
'>aotluctvn ,.
1iushUis;
'.11.3.,,e 93 per cent of last year's',v • i ..ace 1
n
'production,-: or 1 3t4' 000 000 bash e
t , Chll,e,�i,$63,400 adru., and in Ilii'-'
c)s stralia, 7,905,000 acres: -
Oats; 90.8 per -cent. of last, year's
production„, err. 3,384;500;000 bush-
els.
C n s ,,
nit the_: estimated: roductinn
,1
in Trftingery. is 69:032,000"ewt. or
or 138, 046 000' bushels of 56 pounds.
A i els.
i r r 7
[tic ., area z >robab)i >>arvcstecl in
1
British India: is 52,792,000 acres.
Cotton esiiniated - area"].
panted
in British India as 17,331,000 acres.
!!cheat, estimated area- sown in
Potatoes, --Car lots, is be
k, to $1,25, and out o
ted
, 31,40, t'
I or wholesale prices of dressed
,poultryi hickens, 12 to 1<o per lb; Ilene.
10 to 12o; ducks. 12 tee 140; 11-ee5t'. 11 to
1:..; turlteys, 17 to 35. Live poultry,
about 2e lower that the above.
;99.'4;.of lase Oats t sti:m:aited area wn >�nBarley r.; i;
1.
,f
.r
s•1itltluGi,v _1
l a '1‘7-90 0. .t,s :anti n
illll , at , lustrzlia ,653;000 acres.;'.
'LEESE.
Butter'--Aatry', choice, in m rapiers, 26
to 28e; store lata, 23 to 24e.' and inferior,
tuba, 17 to '18c, Creamery Quoted at 29
to 30o for rolls, and 27 to See for eolida,
per lb,
Eggs—Strictly uew•latii, 37 to 38e, and
fresh at '26 to 270 per dozen, in once Iota.
Cheese -^'Large, 15 1-2, and twine at
153.4e per lb.
IIOG PRODUCTS.
Bacon, long clear, 12 to 121.2c per ib, in
ensu lots. Pork, short est. 222:50, dee
mess, 519;50 to n0. ]lams -Medium to
light, 16 to 161.20; heavy, 14 to 141-2e;
roils, 103.4 to Ile; breakfast bacon. 1G to
17o; backs, 19 to 20e.
Lard- Tlercea, 113.4c: tubs, 12e; Palls -
12 1-4c.
ails,121-4c.
BUSINESS AT MONTREL.
Mot5.treal, Nov. 28,—Oats --- Canadian
Western, No. 2, 48e; do., No, 3, 47 to
471-2e; extra No. 1 feed, 461.2 to 47e; No.
2 local white, 471.20; do., No. 3, 46 1-2e
do„ No. 4, 451.2e. Barley—Manitoba feed,
82e; malting 97 to 980, Buckwheat -No,
2, 650. Flour 3fanitoba spring wheat pa-
tents, firsts, 55,60; do., flecouds, $5.10;
s :^ong bakers'. 54.90; winter patents,
choice., $4.75 to 35, straight rollers, 34.-
25 to 34.40; do., in bags, $1.95 to 812.05.
}Rolled oats Barrels, 85.25; bag of 90 lbs.,
$2.50. ldiilfeed—Bran, 323; shorts. 325;
middlings, 327 to 828; mouillie. 327 to 834.
II'ay—No. 2. per ton, ear. jots, 314,50 to'
815. Cheese --Finest westerns, 141-4 to
143-4e; do., easterns, 14 to 143.8c. Butter
—Choicest creamery, 281.2 to 29e; seconds,
27 to 28e. Egos—Fresh, 40 to 45c; select-
ed, 23e; No. 1 stock, 241-2c.
UNITED STATES MARKETS.
Buffalo, Nov. 28.—Spring wheat—No 1
Northern. carloads store, 31.10; Winter,
No. 2 rod, 990; No. 3 red, ,97c ; 17o. 2 white,
51.00. Corn—No. 3 yellow, 711.2c, on track,
through billed. Oats—No. 2 white, 62c;
No. 3 white, 511-20; No. 4 white, 601.2c,
Barley—,Malting. 31.16 to 81.30.
Minneapolis, Nov. 28.—Wheal-Deeem.
'her, 31.04 1-2; May, 81.08 5-8; July, 31.09 7-8;
No. 1 hard, $1,063-4; No. 1 Northern, $1.-
053-4 to 31.061-4; No. 2 Northern, 31.031-4,
to 81.04 1-4; No. 3 wheat, 98 1-2c to 81.011.4,
No. 3 yellow corn, 75c; new, 69 to 71e.
No. 3 white oats, 451-2, to 461-2e. No. 2
rye, 921-2c. ' Bran, 322,50 to $23. Flour —
First, patents, 35.10 to 35.40; second pat-
ents, 34.70 to,$5; first clears, 33,60 to $3.-
95; Second clears, 82.50 to 32.90.
LIVE STOCK, MARKETS.
Montreal Nov, 28—Butchers' cattle,
choice, 36; do., medium, 34 to $5.50;
core:, 33.50 to 33.75. Canners, 31.75 to 33.-
95. butchers' wattle, bulls, 33.50; milkers,
choice, each 375; do., ram, and medium,
each, ` $50 to 360; springers, 330 to .$40.
Sheeli; ewes, .6373; bucks and culls, 33,-
25 to 33.50. Lambs,' 83.50. ' :flog f,i,,h.,
$6 to $6.6-15. 'Cal ra, $3 to 31
4
0.
Toronto, Nov.28.—.Ther
loco C was an e$,z.CCl
ally good F,ftle for ,
a,y 'feeders ant
c
7n
--...411-,.4-14,_-A
Rl:, m CpmM o ri ,f. ; . ♦
7P,4r-u./r
POWDER
MGIC BAKING
GILLETT'S PEO
MED LYE
;em�
t,,
voattilt
Ut�
,� �..�,
}C
�
"a,,, I,,u,,'ai' Ma }}ti�� `
tablet Aiwa $atom! i
°UW-.111
I)ia igWUt'c ''t1iY0t7 1'ttYiOfk, ha ��PGY�. � `'��
�.:
'
L
When you'
ETT: CR TARTAR'
� �
ROYAL YEASTIES
ask your dealer ffor anythe
, li :� 1. AS iA S
ti, .' 000v
Bove: goods and he reaches les osubstitute, ..
STOP HIM. That is the time. It is too late"
� �* � .'
after you have used part of it with poor
/' ------'I success, as is always the case with substitutes.,
1 There is every reason why you snouic%
Y
insist upon Gillett's Goods, and absolutely *
sno reason why you should permit a dealer
to substitute something he claims to be "Just
>� as good" or "better" or "the same thing"
•� ' ` as the article asked for.
- ^ The buying public and the dealers acknow.
ledge the superior quality of Gillett's Gooch.
: . Why accept something inferior when you can,
buy Gillett's pure goods at the same price?
' .,moo.,_ ,. hi
We task assistance of all goo f$
housekeepers in our efforts to
introduce pure goods.
Er W CiU ET i' COMPANY LIMITED
Wlnnipog„ Toronto, haat. Mantroa}
PROTECT YOURSELF BY REFUSING suns ITUTES�
_ • 9
SAFEINVESTMENTS
MAKING E E S
! .!��
UNICIPALS HAVE NO CREAT,PROS-
PECT OF APPRECIATION, BUT
ARE READILY CONVERTIBLE
INTO CASH.
The "Yield" Basis on Which Bonds aro
Banally Sold Eliminate a Groat Part
of Prospective Apprcclatiotu—Stable 1n
Pie OvOnn to Fact That They are
t9rtaffocted by General Conditions --
Recapitulation.
The artielea contributed by "Investor
are for else sole purpose of guiding pros.
pective investors, and, if possible of ear.
tug them front losing money tirronuh
placing it in "wild -cat" . nterpriees. The
%i mpartial and reliable character of the
informuation may be relied upon. The
writer of these articles and the publisher
of this paper have no interests to serve
in connection with this matter other thou
those of the reader.
(By Investor.)
When one buys ani investment. strictly
speaking, ono looks merely at the ratio of
income. Prospect of appreciation. when
present to a high degree, usually indi-
cates danger, _perhaps romoto—in the ex-
tent of realization not 'measuring use to
anticipation—of severe loss front a. drop in
value, An investment should be free
from any such danker. As a. rule, really
high-class investments altogether fail to
take into consideration prospect of ap-
preciation, and, of course, as the better
class of municipal bonds aro strictly
"gilt-edged" investments, the question of
appreciation is one very remote from
the ihhughta of the average investor 'wbo
buys this class of security, To be sure,
they aro by no means as rigid in value
as real estate mortgages, but they are
not likely to any extent to appreciate in
market price. In the first place, they,
are usually Hold on the basis of their
Toronto 4 per
of�Torc �o
"yield:" One -buys City 1
cent. bonds to yield 3.95 per cent., and
then ,by the aid of tables which every
bond" dealer has—and most bond buyers—
the price is worked out afterwards, As
was pointed out in au early article in
this series, "yield" represents the taking
into consideration, in the return on the
investments, the gain—where the bonds
are sold below par or the loss where a
price greater than par is paid—resulting
from the purchase at 95, say, and the
ultimate redemption of the bonds at par.
At the risk of being tiresome, it may be
pointed out shortly than when purchas-
ing abond due a year hence at 99, the
purchaser receives 100 at the end of the
year. Re thus makes 1 per cent on his
Purchase. If the bond pays 4 per cent.
the "yield" on the investment is not 4.00
divided by 99 or 4.04 per cent., as in the
case 'of a stock which is never redeemed,
•
but 400 divided by 99 + 1, or 5.04 per cent.
So that the prospect of appreciation in
purchasing a bond at 95 due to its re-
demption at par is dulytaken care of in
the 'yield. On the other hand, the
growth of a city whose' bonds formerly
sold .on a 5 per cent. basis may make
these bonds appreciate so in value that
a 41-2 per cent basis is the
proper e
r
price,
and in that way an investor may make
through appreciation. ' put as a rule,
however, this element is one that has,
a decidedly unpromiuent place in the
handling of municipal bo"ds.,
The (location of convertibility into cash,
however, is very, 'different. The great
safety of municipal bonds make them so
desirable as 'security for loans that: bank-
_
ers will loan 60 them at a rate froth one-
• . than they half to 1 Der cent., loyver tlia y loan
f � on security; of shares of stock in a' sound
medium -weight etoakers. Milkers `' were
also strong. 73est butcher cattle avail
able sold 'from 65.50 to 16. medium and
common from 83 to' $5.25. Bu11s and
cows were strong at $3 to 35.40 for th
former, and $2,75 to 85.10 tor the latter
i company, and at the same time require.
only about one-fourth the margin,, So
that the investor in municipal bonds has
c
always available '•i e ur'twhich his
s c t Y
el banker would be "lad to accept
• curity for a loan ;at around 95 per cent:'
Sheep and lambs were firm but 'un
ell iigcd iii price. hogs wens steady "a
35.40
• of ,its value ai, a rate but li ,tic •over the
rate of •interest,, which - bond pays.
T
Furthermore, practically all bond deal-
ers are
ealers.are :glad to repurchase municipal
bonds at about half a point• below their
market valu , a,id so the` marketability
trif .ti f;lriy ticl<aa9 of .inve.,tnic°nt; is very high:
Iii" iY yt '.
a.;t,„lei lei:
^.'• ..•du t, then,.,is that of
S,'THE LUNGS e+ *r"';2•.r:
75 CEurs
1%
'market ,price.
100 BILLED AND INdIRED
The Bibby 011 Coke Mills, Liverpool'
Totally wrecked by an Explosion.
despateh from Liverpool, T1ng-
land, says; Forty-three workers
are known to have been killed` and
upwards of 100 others injured by a
boiler explosion which occurred on.
Friday .at the oil eako mills of J.
Bibby & Sons. The foree of the
explosion was 50 terrifie that the
roof of the great mill was blown
off, while, the walls•sl
slit and crumb-
led, and the bodies of the victims
hurtled high into the air nnineleci
with the flashes of flames which in -
scantly followed the bursting of the
boilers. Nefu•ly 400 workers were
engaged in the building at the time.
Every one w'as hurled to the ground
through the violence of the explo-
sion. Those in the near vicinity of
the boiler -room had their arms and
legs torn off, and their horribly,
matagled bodies fell into the adjoi,i-
i ig streets together 'with the shows
ors of brick and debris, Vim ;