HomeMy WebLinkAboutExeter Times, 1912-5-30, Page 2CANADIAv CROP AGBEMiE
Eeavy Percentage of int Killed What
--Large Decrease in F Yield.
despatch: from Ottawa says
A bulletin of the Census and Sta..
tistical Office makes the following
report on the 'crops • and live stock
of Canada. The area sown.to win-
ter wheat last fall was reported as
1,097,900 acres, of which 707,200
acres were in Ontario, and 300,70G
stores in Alberta. From reports of
corespondents at the end of April,.
it is estimated that. about 31.50 per
cent, of this .area has been winter
killed, the proportion being 28.72
per cent. in Ontario, and 38.50 per
cent. in Alberta- This represents
a total deduction- from the area
sown of about 345,000 ares (229,000
acres in Ontario and 116,000 acres
in Alberta). The average condition
of winter wheat on April 30 was
72,62 of a standard (71.24 per Dent.
in Ontario and 76.80 per cent. in
Alberta). From these figures it is
calculated that the yield per acre
from winter wheat in 1912 is likely
to be about 20 bushels per acre, or
13 per cent, less than the average
yield of the three years, 1909-11,.
viz., 23.33 bushels per acre, pr'o-•
vided that average conditions pre-
vail between now and harvest.
In the Maritime Provinces spring
seeding on April 30 had only begun
here and there, most of the ground
being still under snow. Very little
progress had been made` by the
same date in Quebec, the amount
of seeding done representing not
more than about 3 or 4 per cent.
In Ontario about 15 per cent. of the
total seeding was completed, but
this applies chiefly to the western
anti southern parts of the Province.
In the North-West Provinces the
wet condition of the ground, cou-
pled with cold weather and the
small amount of 'fall plowing corn-
pleted last year, has 'caused seeding
operations to be somewhat back-
ward,
In Manitoba 50.13, in Saskatche-
wan 71.54, and in Alberta 61.26 per
cent. of the seeding of spring wheat
was completed• by the end of April,
and of total seeding done the per-
centage proportions were Manitoba
36.63, Saskatchewan 49,30, and Al-
berta 51.50.
Nearly 14 per cent. of the hay
and clover meadows have been win-
ter killed, and their average condi-
tion is represented by 74.63 for all
Canada, the figures for Quebec tak-
ing 50, for Ontario 80.46, for Mani-
toba 88.48, for Saskatchewan 8.7.82,
for Alberta 95.60, and for British.
Columbia, 97.72.
The report on the condition of
live stock shows a high average for
the Dominion, being over 90 per
cent. of a standard. West of On-
tario the figures exceed 90 for all
descriptions of live stock. In On-
tario, for milch cows and other cat-
tle, in Quebec, for horses and ranch
cows, and in Prince Edward Island,
for much cows and other cattle,
the percentage figures of condition
fall below 90, the range being from
83 to 38.
PRICES OF FARM PRODUCTS
REPORTS FROM THE LEADING TRADE
CENTRES OF AMERICA.
Prices of Cattle, Crain, CSeese and Other
Produce at Home and Abroad.
BREADSTUFFS.
Toronto, May 28. -Flour -Winter wheat,
90 per cent. patents, 54.05 to $4.10 at sea-
board. and $4.15 to 54.20 for home con-
sumption Manitoba flours -First pat-
ents, $5:70; second. patents $5 20, and strong
bakers', 55, on track, Toronto.
Manitoba wheat -No. 1 Northern, $1.10,
Bay ports. Feed wheat is quoted at 68c,
Bay ports.
Ontario wheat -No. 2 white, red and
mixed, $1.05 to $1.06. outside.
Peas--No..2 shipping peas, $1.25, outside.
Oats -Car Lots of No. 2 Ontario, 48 to
48 1-2c. and No. 3 at 47c outside. No. 2
Ontario, 50 to 51c. on track, Toronto. No.
1 extra W. C. feed, 49e, Bay ports, and
No. 1 at 48c Bayorts.
Baxley-Marketcontinues dull.
Corn -No. 3 American yellow quoted at
82o. Bay ports, and at 850, on track, To-
ronto.
Rye -Prices. nominal.
Buckwheat -70 to 72c, outside.
Bran -Manitoba bran, S25, in bags, To.
route freight. Shorts, $27.
COUNTRY PRODUCE.
Apples -The market is dull and feature-
less.
Beans -Small lots of hand-picked. $2.70
to $275 per bushel; primes, $2.60 to $2.65.
Honey -Extracted in tins, 11 to 12e per
Ib. Combs, 52.50 to $2.75 per dozen.
Baled hay -No. 2. 518 to $19 a ton. Clo-
ver, mixed, 514 to 515.50, on track.
Baled straw -$11 to 511.50, on track, To-
ronto.
Potatoes -Car lots of Ontarios, in bags,
51.75 to $1.80, and Delawares at $1.85 to
51.90. Out -of -store, $1.95 to $2. Imported
potatoes, 51.60, in car lots, and 51.80, out.
of -store.
• Poultry -Wholesale prices of choice
poultry: -Chickens, 15 to 17c per lb.; fowl,
11 to 12e; ducks, 12 to 14e; turkeys, 20 to
21c. Live poultry, about 2c lower than the
above,
BUTTER. EGGS, CHEESE.
Butter -Dairy, choice, 24 to 25c; bakers'.
inferior, 20 to 21c; creamery. 27 to 280 for
rolls, and 25 to 25r for solids.
Eggs -New -laid, 22 to 2;.c per dozen, in
case lots.
Cheese -New cheese, 14 to 141-2c per lb.
HOG PRODU CPS.
Bacon -Long clear, 14 to 14 1.4c per Ib.,
in case Iots. Pork. short cut, $23 to $24;
do.. mess, $20 to 521. Hams -Medium to
light, 18 to 18 1-2c; heavy, 16 to 16 1-2c:
rolls, 121-2c to 130; breakfast bacdn, 17
to 18c; backs, 19 to 20c.
Lard -Tierces, 14c; tubs, 14 1-4c; pails,
141.2c.
MONTREAL MARKETS.
Montreal, May 28. -Corn -American No.
2 yellow, 86e. Oats -Canadian Western,
No. 2. 55 to 551-2c; do., Canadian West-
ern. No. 3. 51 to 511-2e; do., extra. No. 1
feed. 511-2 to 52c. Barley -Man.. feed, 65
to 66c; do., malting, 51.06 to 5117. Buck.
wheat -No. 2, 74 to 75c. Flour Man.
Spring wheat parents, firsts. 55.80; do.,
seconds, $5.30: do., strong bakers, 55.10;
do., Winter patents, choice, $5.25 to $5.-
35; do., straight rollers. 54,80; do., straight
rollers, basis 5225 to $2,35. Rolled ants -
'Barrels, $5.35; do., bags. 90 lbs.. 52.55.
Bran -$25.00: shorts, 527.00; middlings.
$29.00; Tnouillie, $30.00 to 534.00. Hay -No.
2, per ton, car Iois, 519.50 to $20.00. Cheese
-Finest Westerns, 133.4 to 137.8e; do.,
finest Easterns, 131-2 to 135.8c; Butter -
Choicest creamery. 27 to 271.4c; do , sec.
onds, 253.4 to 261.20. Eggs -Fresh, 23 to
231.2e; do., No. 2 stock. 18 to 19e. Potatoes
-Per bag, car lots, $1.70 to 51.75.
LIVE STOCK MARKETS.
Montreal, May 28. - Ton quality steers
sold at $8, 'good at 57.50' to $7.73, and the
lower grades from that down to 56 to
$6.50 per cwt. Butchers' cows at from
$4 to 56 76, and the bulls offered brought
from $4.50 to $6.25 per cwt. Sheep at from
53 to $6 each, and Spring lambs at from
54 to 6 each. while °elves soldfreely et
from 53 to 58 each. Selected lots at 59.-
75 per cwt., weighed off cars.
UNITED STATES MARKETS.
Minnest,nolzs. May 26. -Wheat --•May, Iti.•loll,.
141-8;. July, $1.15 3.8; September, $1.05; No.
1 bard. 91.165.8; No. 1 Northern. $1.157.8
to $1.1618;. No. 2 Northern, $1.1.37.8 to lee
141.8. No. 3 wheat, *1.12 to 81.121.4. No.
3 yellow corn, 76 to 77c. No. 3 white oats,
60 to 52c. No. 2 rye, 86 1-2a. Brtin, 6123.50
to $24. Flour -First intents, $6.50 to .$5..
75; second patente, $5,30 to 5546; flret
Eden e, 83.90 to $4.15; second clears, $2.80
Iiutpalo, May 28. -Spring wheat -N^. 1
Northern,,. car loads, store, $1.231.4: Win.
ter. No, 2 red, $1.19; No. 3 red, $1.17; No,
2 white, $1.18. Cern-No. 3 yellow, 83e; No.
4 yellow, 801.2e; No. 3 corn, 801.4 to 821.4e;
No, 4 corn, 791.4 to 79'3.4c, all nn traek,
through billed. Oate-No. 2 White. 581.2;
No. 3 wlilt", 58; No., 4 white, 67. Barley -
Malting, $1.16' to 51,29.
A license :reduction campaign will
be started in London, Ont.
RING CHIUSTI-&N X. OF
DENMARK,
who is 42 years old. Re has two
Sons.
QUEEN ALEXANDRINE OIr
DENMARK,.
who is a sister of' the German
Crown Prince.
CHINESE PREMIER SHOT.
Crank Einpti.es Revolver While Oft-
eial is Dining.
A despatch from Pekin says:
While President Yuan Shi Kai was
dining with members of the Cabi-
net., Governors of provinces and
leading Chinese officials, on Friday,
Chung Ping Lin, a disgruntled
office seeker, bribed the attaches
and entered the hall flourishing a
revolver. He fired several shots
point blank at Tang Shao Yi, the
Premier, whore he blamed for his
failure to get the political promo-
tion he had sought. His aim was
bad and all the shots went wild.
After his ammunition was exhaust-
ed Chang was overpowered by the
attendants and taken to jail.
DEVELOPMENT 01` FEMINISM.
700-Acre,Farm Financed and Work.,
ed'I►y 'Women.
A despatch from London says: A
seven hundred acre farm in Sussex
on the Surrey border, controlled,
financed' and worked, exclusively by
women, is the latest development
of feminism. Sympathizers with.
the scheme have subscribed $5,0,000.
The farm is to have cattle, sheep,
pigs and poultry and many institu-
tions rim by women have promised
to patronize it with orders for milk
and chi's' produets,
MAKE SAFE INVESTMENTS TORONTO CORRESPONDENCE
THE DANCERS OF "IeONG DISTANCE
SPECULATION" TOO OFTEN
OVERLOOKED.
Repent Seddon Rise In Canadian Markets
a Tra?9 for the Unwary -Profits en Long
Heid Speculations Eaten Up byInterest.
Tbe artiolee contributed by "Inve tor
are for the sole purpose of guiding ;Mel-
ee/Alva investors, and, it possible,. of see
fag them from losing money through
placing it in "wild -eat" enterprises. The
Impartial and reliable character of the
information may be relied upon. The
writer of there articles and the publisher
of this paper have no interests to serve
in connection with this matter other thea
tho¢e of the reader.
(By "Investor.")
Those who have watched the steady rise
in the Canadian stook markets during the
past three months have doubtless felt
elated if they owned some advancing
stock or disappointed if they were inter.
ested merely as spectators. Let these lat.
ter console themselves with the homely
axiom that "Everything which goes up
must come down.' This phrase is true of
the stock market as of everything else.
Everything which goes up without a. sure
foundation and strong superstructure can-
not remain above the general level for
long. Last week the movements of sev-
eral industrial stocks were noted. Now
many of these have advanced without a
semblance of foundation or superstruc-
ture. They have been carried up in the
whirlwind of general prosperity and mar•
ket activity, wbioh at present is: whirling
throughout Canada. A lull, and they drop
back to whore they should be.
But how about those who eschew tho
excitement of the . stock market and buy
the tame and steady, but eminently re.
speotablc, bonds? As bonds don't go up
much at beat they have but a little dia.
taupe to fall al worst. So long as the
security is behind a bond, and reasonable
care and discretion, will keep an investor
clear of misfortunes. Like Black le.ke
Abbeatos, the bondholder need have no
uneasiness over the future of his wind.
pal or the regular payment of his inter-
est. In this column, since its inception.
stress has been laid on the advantage o:
investing in sound bonds over semi -spoon
lative purchasing of stocks. To deal in
stocks with any hope of success one must
of necessity bo on the spot. The folly of
long,, distance" speculation is obvious
when one sits quietly to contemplate it,
but all too many people outside of the
market centres believe that by means of
the market news in the daily press and
occasional communication from their
broker they can successfully, purchase:
speculative stocks.
Take a feverish market like that at pre-
sent. On the day this is being written
one could have bought Sao Paulo at ten
o'clock and by noon have sold it at a ten
point profit. Yet by twelve -fifteen the
stock was back six points. Anyone not
in close touch with the market who sent
in an order this morning might have lost
several points within a few minutes of
the time his order was filled. The way
of the bond may be slow, but one can
sleep easily and not open his daily paper
with trepidition for fear of a break in his
investorent that will more than wipe out
his year's ircome.
And so it goes. The speculator in real
estate hasn't the excitement of the stock
gambler, but his losses may be no Ieas
severe and far reaching. Many readeae
can remember the time when the dnil
times of 1889-1892 commenced. -dfhe owner
of real estate found things change with
surprising suddenness. From having peo-
ple offering absurdly high prices .for •his
land lie : found -if he wanted to sell -that
he had. to Offer it to the buyers. The
bids he would get were usually below his
price, and worse than all, these offers be-
came lower and lower until finally he
found it practically impossible to sell
without severe loss. Many men who
bought speculative real estate during that
boom have only recently found an oppor-
tunity to get out without loss, when the
twenty-five years' interest on their money
is added. For it is a point too many
people overlook that the longer they hold
an unproductive property the less their
chance of making a real profit; for their
money even in a savings bank at 3 per
cent., compound interest, doubles itself
about every eighteen years. The result
is that a man who purchases western land
now and has to wait five years for his
profit, must sell for at least one and a
half times its value to make fifteen per
cent. on his money if we deduct interest
at 6 per cent. on the sum involved.
The man with bonds or sound invest-
ment stocks on the other band has some-
thing which is returning him an assured
income, which he can readily sell and
which -far more important in some in-
stances -does not take time from his or-
dinary business to watch.
0
INVESTING MONEY.
Among the securities which are attract-
ing attention these days none is regarded
more highly by the careful investor than
the nix per cent. first mortgage bonds of
The Spanish River Pulp. & Paper Mills,
Limited.
Exclusive of the value of the concessipn,
which gives the Company the right to cut
pulp wood on an area of 6,000 square
miles, the assets of the Company includ-
ing the Pulp and Paper Mills- at Espa-
nola. Ontario, are estimated at six times
the bond issue.
During its first year of operation, the
Company showed profits of 5309,263,19 from
wood and pulp mill operations alone. The
bond interest and other charges were
5106,627.54, leaving net profits of $202,635.65
for the year.
It is believed that the earnings with the
paper mill now in operation should be
well over 5400,000 for the ensuing year.
As the Bonds are a first mortgage on all
the Company's property, it is plain to see
why they are in such demand. At the
present price of 981-2 they yield 61-8 per
cent. per annum. Interest is payable the
1st of July and the tat of January. The
bonds are in $500 denominations, and with
the high interest yield, combined with ab-
solute safety of principal, make an ideal
investment.
The Dominion Bond ,Company, Limited,
Toronto, will furnish complete informa•
tion on request.
CANADIAN FRUIT WINS.
Gold Medals Were Awarded Can-,
oda and Australia.
A despatch from London says:
At the International Flower Show
on Thursday Canada and Australia
were awarded blue ribbons in the
form of large gold medals for the
best collection of fruit. The Ring
expressed great ,satisfaction at the
admirable arrangements of the ex-
hibits.
TITANIC WAS WARNED. ,
Brush Investigators IlelieVe Vessel
Hit the Identical Berg.
A despatch from London says:
That the ioebert; with which the Ti-
tanic Collided was one of those of
which she had warnings from other
ships is the conclusion reached by.
the Board of Trade court of in-
quiry, after ' a careful examination
of the wireless telegrams ,,awed to
and from the steamern the dayf
is
O o
the disaster.
INTEREST!Nc COSSIP FROM THE
QUEEN CITY.
Goad Story From Ottawa -Princess Pa•
triola--Royal Family's Visit -Honors
for sir WIUiam Mackenzie,
(We have arranged for a regular Weekly
Lotter about Toronto. and Qatari° at•
fairs. These letters have proved of the
utmost interest to 'our readers. They
are from the pen of one of Canada's
foremost journalists, a man wheelies re-
ported some of the world's greatest hap-
peninga, and now occupies a leading po-
sition on ono of the Ontario dailies.)
Toronto is disposed to smile at the pre.
tensions of Ottawa society. Consequently
it has enjayod the story, which has been
circulating. for some months, to the effect
that the Duke of Connaught was obliged
to desist from his visits to the Ottawa
Golf Club because the citizens of Ottawa,
members of the club, were so •auiious to
do the right thing 'that they always rose
to their feet every time his Royal High-
ness entered a room. Ria Royal Highness'
wish in visiting the club had been merely
to enjoy himself and mix on terms of
equality with the other members. .But
when he found this Ws impossible he
had to abandon this particular forth, of
recreation.
But, perhaps, some Toronto people have
been putting their foot in it, too, during
the two weeks' visit of their Royal High-
ness, though not always through an ex-
cess of formality. It is related that at
one of the balls one of the questa was
hurrying. to get into the ball -room, and
finding a broad back blocking the door -
Nei. tapped shoulder, andthe askmeld
d him to
kindly stand aside, The fussy guest was
iiorror.atricken to find that it was the
Duke of Connaught he had thus ad•.
dressed. The orchestra made a break,
too, when they played "Oh. You Beauti-
ful Doll" on the approach of the Princess
Patricia, Not that the Princess is not an
unusually beautiful young lady, but the
oonnliznent, if intended es such, was
soramehat familiarly expressed.
THE PRINCESS' BEAUTY.
Tbis question of the Prinoess' beauty
h;ts been a favorite topic of discussion
Sinew Torontonians have had an oppor-
tunity of looking at her face to face,
On the ,whole it may be said she has
come up to the advance notices, if one
may so speak of a Prindess, though most
observers, .human -like, have admired her
with the mental reservation that one or
more of their acquaintances excelled in
good looks even the Royal beauty. Biers
is the typical English type of beauty.
mild and -sweet and lacking in animation.
Her features are finely moulded and re-
gular with the exception of the cheek
bones, which are noticeably high.
Despite her good looks, however, press
photographers testify that the Princess is
what is known in that profession as
camera -shy" In other words, she takes
pains to dodge or duck her head every
time she sees a camera. At some of the
outdoor functions She attended there were
all sorts 'of "snap-shotters." But• very
few of them got a really good picture of
her Royal Highness, who without appear-
ing to be conscious of the presence of the.
camera -men, proved to be an adept at
keeping her face out of range.
ENTERED LIFE OF TRE TOWN.
This visit of the - Royal Family•has been
in many respects a much"quieter event
to Toronto than the one last autumn. The
first visit 'was a State affair, and all the
fuaotions were, accordingly. formal. This
time there has . been much more infor•
mality, with just enough of . the trap•
pings of State, such as the scarlet min
formed outriders, which often heralded
the approach of the Royal visitors, and
never -failed to bring throngs of specta•
tore. to tickle the fancy of the multitu.do,
Their Royal Highnesses made an earnest
effort to enter into the real social life
of the town. To this end they went about
freely, accepted many invitations and they
themselves entertained a great deal.
Nearly every day a score or two represen-
tative citizens, judges, lawyers, clergy-
men, physicians, newspaper •editors and
captains of industry were invited to lunch-
eon or dinner, as other en, agemonts per-
mitted- In this way they came in con-
tact with a great many people in a more
or less intimate manner, and doubtless
learned a great deal of the various opin-
ions and points of view of Canadians.
Torontonians, on their part, were delight.
ed with the frank and unaffected man.
ners of the Royal hosts and their staff.
There was an entire absence of "side" and
apparently a genuine pleasure in making
now acquaintances.
HONORS FOR SIR WILLIAM.
Sir William Mackenzie, who placed his
residence, "Benvenuto," overlooking the
city from the heights at the north, at
the disposal of his Royal Highness, prom-
isee to be shortly one of the richest men
in the world, if his many railway and
other schemes develop as expected. It is
{rumored, too, that there are high Im-
perial honors in store for him,_.tha.t his
present knighthood will soon be supplant-
ed by more important titles, but to this
there can, of course, be me present con-
flrmation,
There is a story that Sir William se•
cured the palatial Benvenuto from its
former owner for a consldoration of 1,000
shares of Toronto Street Railway stook.
According to report, this stock oost the
President of the company about $10 a
share, so that for the equivalent of $10,-
000 he got a property that is now worth
bexor $200,000
butan ample of he MAkenie luck -or
foresight.
Many people suppose that Sir William
was the Duke of Connaught's host', at
Benvenuto during the Royal visit. 'phis
is hardly correet. The residence was
simply turned over .to His Roval Hieh-
nese, who brought his own servants, some
twenty in number, while Sir William and
his family found quarters elsewhere.
GALA DAY FOR THE OHILDIIEN.
Empire day has enema to be agreat
event for the school children of the city.
On that day they marched, many thou-
sand strong, to Queen's Park, there to lay
their garlands of flowers on .the menu•
menta of statesmen and heroes' which
adorn the nnproaches to the Parliament
bnildines. The ceremony is a. conception
of School Inspector James L. Hughes, who
generally arranges that some nutpteed-
ire notable shall be nresent to lend .dig..
nity and interest to the proceedings. This
year he was narticularly fortunate in the
presence of the Duke of Connaught, and
the feature; of the afternoon was when
his Royal 'Highness reviewed the • scone
from a position at the baize of the monu-
ment to his mother, the late Queen . Vic.
Coria, which unfortunately is one of the
least impressive of the Queen's Par]c me.
=oriels
A MILLION FOR TORONTO.
It is quite the fashion row to talk phnut
the env when Toronto will have a million
rnrarlation. Aril the nromise of en early
fnlfilmeet of the eredieteme has just been
given calor by 'the rennrt prepared• -bv e.
board of expert engineers. who were asked
to 'rewire .;.erne for a wafer' aunnly, for
the future Toronto. 'In their report :hey
sneak emilideirtly of a 'Willett n prnnle•
tien in the neer fut'-ro, and have d+ren
mars accordinely. Tent thpy rre enllpc.t•
irtg.froSn Toronto a• fon of P05,0n0-for 4•l'eir
brief Work.
eryt,tele Jtre.rttlee ftfohelp their bill alon
however, there ere some optimists who
talk of two million people within thirty -
years.
SALE OE HUDSON BAY LAND.
A despatch from Edmonton.
Alta„
save: Property to the tnt,iil
value of $9,500,650 hod been Hold itx
the portion of the Hudson i3a;y re=
serve recently .thrown on the mar-
ket up to 3 o'+'loek Wednesday af-
ternoon. In Ezlmnrltsrn alone the
value of lots ,ld is $1.860,500. a
tote having been dis-
INSURES
PERFECT
BAKINGrp
RESULTS
CONTAINS
NO ALUM
M A D -E IN
CANA®A
•EdoV7. Vf6LiLi iy } s
loco : ix
x✓ 'r. x '
ToRpowra,,0x+Y'a;.
in 4
•�s' ,
FIVE' CAPITAL CASES.
T � I'
Largest Number in Any Month for
Some Years.
A despatch from Ottawa says:
Five capital cases are under consid-
eration at present by the Minister
of Justice, which is the largestnum-
ber of any month of the past two
years,. The executions are sche-
duled to take place between June 1
and June 27. All the cases are in
the West, One execution to take
place on lune 1 has been postponed
pending the consideration of Hon.
C. J. Doherty, who has not had
time to weigh the facts.
NEW PRESIDENT OF G.T.R.
E. J. Chamberlin Succeeds the Late
C. M. Hays.
A despatch from London says : It
was officially announced here on
Friday that Edson Joseph Cham-
berlin, vice .presitclent arnd general
manager of the Grand Trunk Paci-
fic -Railway, has been appointed
president of the Grand Trunk Rail-
way, of Canada, to, succeed Chas,.
M. Hays, who stied in the Titanic
disaster. ,Mr• Chamberlin has also
been elected a member of the Grand
Trunk boardof directors, vice Mr,
Hays.
It
PRICELESS ORCHIDS.
A despatch from London says;
The 'greatest display of the world's
floriculture ever known was opened
by the King and `Queen at the
grounds of Chelsea Hospital, on
Wednesday. The show is in a tent
covering; four acres. It is filled
with . priceless blooms from many
climes, among which is one group of
orchids alone valued at a' million
dollars..
An Absolutely Safe 6/ Investment
q The First Mortgage Bonds of Price Bros. & Company 6 per cent. on the invest-
ment---secured by first mortgage on one of the finest paper mills and over four
miillibn acres of the best pulp and timber land in America ---insured with Lloyds,
of London, England, against fire. --offer a most attractive investment. The
present net earnings. of the Company are sufficient to pay the bond interest twice
over. The growing demand for pulpwood is yearly increasing the value of the
Company's properties. These bonds havebeen purchased by the best informed
financiers in both Canada and England. At their present price they yield.6 per
cent interest. Considering security, earnings, assets, and the likelihood of
appreciation in value, Price Bros. & Company -bonds constitute an exceptional
investment.
Write for full descriptioe of these bonds.
ROYAL.
SECURITIES
CORPORATION LIMITED.
BANK OF MONTREAL BUILDING • •- YONGE AND QUEEN STREETS
R. M. WHITE
•. TORONTO
Manager
. LONDON (ENG.)
Z72 GUARANTEED
Larger Return Probable.
Holders of the 7 per cont. Preferred Stock of The Stamen
Company, Limited, enjoy the full benefits of straight partner-
ship, because, In addition to the regular 7 per Dent. dividend on
the stock, they share. equally with the Common Stook In all
profits in excess of the preferred dividend.
The .Company has been in successful operation for close to a
quarter of a century, and with its present capacity cannot now
fill more than 60 per Dent.. of its orders. In addition, the Com-
pany Fiolds a barge number of exceedingly valuable timber limits.
Subject to prior sale, we offer 850,000 of the 7 per cent. Pre-
ferred Stock of the Company at 5100 ashare. Dividends are
paid Juno 1"st and December 1st.
We would be pleased to send` you circular giving full par.
Neuters regarding the Company, or, If you would prefer, would
have one of our representatives call on you.
NATIONAL
SECURITIES • CORPORATIONLTD.
I
CONFEDERATION LIFE .BLILDINO; TORONTO, ONT
T6
•,:,.•.-a,•r• _ ,t • •,:.� ,� _ - _......, .. '11
The
,New
Perfection
Toaster
Anyone, even a
little girl, can
make toast on the
New Per. cetioft
4,.eeelyv.r . verse r.ut::7we aeves^'h•a,
011 Ceak:
She ill notburn n t e toast, and she
willof burn fingers either, i
n her he F •
sheuses
the New Perfection Tb as e .,t r.
For toast or roast there 1s no other stove that is as
quick and as handy as the New
For boll or broil Perfection Oil Cook -store
convenient stove for all purposes,
For fry or bake ' all the year,round
Every dealer has it. Handsomely finished in nickel, with cabinet
tcp, drop shelves, towel racks, etc. Long chitn'neys, enameled tur-
quoise -blue. Made with 1, 2 and 3 burners. Free Cook -Book with
every stove. Cook -:Beck also given to anyone sending 5 cents to cover
,,failing cost.
THE IMPERIAL OIL COMPANY, Limited
Wit, ipeg, Montre -l; St. John, Hirlltfas and
Queen City tel, ozs, Toronto
deegerzegzersenffestag=
.. TM --,
,ernes. care,. e eeerz ....a.
THE NEWS iN A PA ACRAPN
HAPPENINGS FROM.. AIL OVER
THE GLOBE IN A
NUT$1l:ELL.
Canada, the Empire. and tile' world
in General 'Before Your
Eves,
CANADA.
WAD.A.
Plansfor the new barracks near
Toronto will be patterned after Brit`
tish models..
Sarnia Ministerial ' Association
has passed 'a resolution against
marrying divorced persons.
W. 3'. Keret, a post office clerk,
has been arrested at Vannt,uver,
charged with theft of, registered
mail. •
It is now stated thatIr.
�.Hays'
successor will be chosen from
among the present Grand Trunk
official staff.
• Hon. Robert Rogers, Minister
g of...
the Interior, has decided that the
two wive • of Sikhs now in, Canada
may remain, but this is not to l;e;a
precedent,
Miss Lillian Stein' was -
fatally"i
n
jured, and. Miss. Jennie Weinstein,
of Toronto, was badly hurt by be-
ing thrown into' an open cellar by
an automobile on Friday.
City postmasters have been warn-
ed to prevent"- certain business
houses in other places sending their
city mail by express to be posted in
the city limits, thus saving one cent
in postage on each.
GREAT BRITAIN.
The British House of Commons
has adjourned.
The strike of lightermen on the
Thames may stop, all. work on the
London docks.
The Welsh coal miners are dis-
satisfied with the minimum -wage.
scale fixed by the district boards.
Sir Julius Wernher, head of the.
great De Beers Diamond Syndicate,
is dead in London.
The English House of Commons
"kitchen committee," by vote of
the Labor and Nationalist mem-
bers, decided that instead of in-
creasing the price of the House
dinner from 25 to 36 cents, that a
necessary ,saving' could be effected
by omitting sweets from the 'menu.
UNITED STATES.
The United States • warship Ne-
braska went aground in the Missis
sippi on Friday,
Chas. W. Hopping, a waiter, is
under suspicion at Boston in con-
nection with
the murder of Mrs.
Dewar, a Montreal widow. "
GENERAL.
Russia will spend $251,000,000 on
a naval ship building programme.
The German Reichstag passed the
third reading of the army and navy
bills.. -
Angry scenes took place in the
German Reichstag following a So-
cialist •attack• -on the Kaiser.
President' Gomez, in a. published
statement, seeks to minimize the
gravity of the Cuban revolt.
Italy's renewed operations in the
Aegean Sea have stirred up the
powers to furtherefforts to end the
war, as Italyhas now entered the
dominion of the Triple Alliance.
74
SEER HARBOR ON 'JAIIES BAY.
Prof. Ells to Examine the Mouth' of
• Moose River.
-A despatch from Toronto says
Professor Sydney C. Elis, of.Otta-
wa, whose exploring expedition
through the James Bay district last
summer upset the popular miscon-
ception that the bay was absolutely
without natural harbors for seago
' ing vessels, will, it is stated, be sent
north „ by the Temiskaming and
Northern Ontario Railway Commis-
sion this year to make an exhaus
tive report upon harbor facilities,-
possible
acilities,possible channels, and the tides at
the mouth, of the Moose River.
$3,090,000 CUSTOMS HOUSE.
-Such, it is 'reported, is to be Built
in Montreal.
A despatch from Montreal says
According to local report Montreal
will soon possesses the largest and,
most magnificent Customs examin-
ing warehouse in Canada. It is
said that plans are being prepared
for the erection. of a building that
will cover .an entire. block; The site
is about 150 feet in width and 550
feet in length; Between two,. and
three million dollars is said to be
involved in the purchase of the land
and the erection of the building.
GREAT GOLD RUSH*
Prospector Has Made Discoveries
North of Massey.
A despatch from North Bay says
Another gold rush is in full swing,
following discoveries of gold and
de.copper in the region north of Mase
- Station, on the "Soo" branch
y,
of the 0.P.R,, by a prospector
named Teasdale. Prospectors are
flocking in large numbers to the
scene of the latest excitement,
Which entails a 40 -mile drive north
of Massey to Whiskey. Lake, then a
Massey
canoe trip some miles further into
the wilderness,