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HomeMy WebLinkAboutExeter Times, 1912-6-6, Page 6( OliONTO CORRESPONDENCE Un versity of Toronto Convocation -The Navy Question -Toronto Spreading Out -The Weather. The annual Univereity of Toronto con- vooetion, reearring each year ia the early •slaw leStfy June, merits the close of college actieities for the P.Oadexalo year, • mud Wands the last contingent ot the 8U de brigade, letunbering many thousaude, tee their b. °ales for the suinneer. 'rile (sere- Mony of COI1VOQP.,tiou, ari now eerried out. ebrings a touch of old-world pietureeque- / AGES to this very material and comment. alized city.. A. prooessiou of professors and such studeats as amain its the oity, cousieting chiefly of the graduatiug class, • all clad in mortar -board ceps and gown% forms at the main u.niversity building in Queen's Park and Marenee across the lawn to the new Gonvoeation gail wbere the proceedings are held. Tlae chief lune - tient of the day is the conferring of the new degrees The proceedings are en- livened bY the students' exuberant, later - 'mentions, their feelings thus finding a free outlet after being pent up through the long examination grind Ot the last few onths. Afterwards there ie a garden party. when good-byes are eai1 aud stn. dout We for the Year is at an end. ONE OF TIM BIG UNIVERSITIES. The University of Toronto, with its many allied colleges, is now in point of attends mace, one of the largest universities in tbe world. Judged from this point of view it has outdistanced suell faanoue ande time-honored institutions as Oxford and. Cambridge. But there is a question in some sznines as to whether it is yet iuftuencing the life of the nation to the extent that it ought, in view of the num- ber of its graduates and the money that is being spent on it. There is a disPoei- tion in some quarters to criticize. the method by which it is managed. Its a. airs are controlled almost entirely by a Board of Goveenors appointed. by the Pro- vincial Government, this Board consist- ing of eminent business men. There seems to be a tendency on the •pert of this Board to run the institution after the fashion of a private business and it may be that a little more publicity and a greater effort to bring the univereity into touch with the lives of the people *would be -a good thiug. President R. A, Falconer, after a Ave- orama as eneral aoubtlesa being tinWilling to haeard 12,14" big a mistake in gaugiug publie °platen. A.ua meantime it is being left to olio1i or" ganieations as tne Overeseate Club to cue, tivate eetetiment on the quenitioe. The Over -seas Club littleerto has consist- ed 1argel7 of recant arrivaae from. Bri- tain, but an. enOrt 12 being made to bring nthaeteovergaellaxinzaadtioann.s viraf!rwprerneembiersumtlyrolutintgo, Euglishman of very plesteiug qualities ana marked ability,. 11 is generally under- stood that the chief persOnalitY behind the movement is Lord Northoliffe. the famous London newapaper publieher, who Is an Eiraent Imperialist. Earl Grey, re. centlY Governor General, is a,lso much in- terested. ANNEXATION AN ISSUE. The elllef issue in local aolities at the moment, le anaexation-whether Toronto with its 426,000 population shall annex North Toronto with its 5,000 seine, The proposition waa voted down bY the rate, Paiers of the city last „Tannery, but a new situation leas been oreated by the at- tempt of the Mackenzie and Mann inter- ests to get an extension of franchise for their Metropolitan railway within the limits of North Toronto, If they succeed it may complicate matters 'when Torontc. takes aver and runs its own street rail- way, as it expects to do nine yeas hence. Probably both municipalities will vote on the annexation ^question in the near future. North Toronto is the last independent suburb of the city to be annexed. To- ronto junction, five miles west of the cor- ner of King and. Image streets, East To. mirth to the east, Wychwoocl to the northwest and other areas, all have been taken in, while North Toronto, beginniag scarcely more than two nailes straight up Yonge street, has remained out. -Opposi- tion to the Inclusion et this distriet has come in part from owners of vacant laud in the eity limits who don't want rnore eompetition. Tb.e statement is made that Toronto bas room for 260,000 more. people without ealarging its areas. This state- ment has never been clearly demonstrat- ed, a.nd it is doubtful if there is room for such a growth witnout serious over- crowding. Certainly there is to the casual ver very'little vacant space in To- ll e choice building ter- etb. amaz- PRICES OF FARM PROONIS ,gatm.p REPORTS PROM THE keArlitio Times CENTRES OP AMERIOA. Prle�s 0 cattle, Drain, Cheese tine other Produce at Home and Abroad, BREADSTUFFS. Toronto, jurie 4.--Flonr-Winter wheat, 90 per cent. patents, 54.10 to a4.15 at sea- board, and 54,15 to $4,26 for home con, sumption. Manitoba Flours'Firet pat- ents„ $5.70; secona patents, $5.20, and etrong bakers', $5, on track, Torento. Manitoba Iv/mat-No. 1 Northern, $140. Bay ports; No, 8 at $1.07, and No. a at 1B -Ay BPaQ3ertesS'orts.ced. Wl‘sat cltwted at 67Ontario Wheat -No. 2 wbite, red and mixed, $1.05 to $1.06, outside. ?eas-e. 2 ehipping peas, $1..25, out' SideA Os --Car lots of No. 2. Ontario 48 to 490, and No, 3 at 47e. outside. No. 2 On - tarn), 51e, on track, Toronto. No. 1 extra W.Ctle-efedo,zs. 4t9o, Bay ports, and No. 1. et 480, ay u Barley -Prices nominal. Corn -No. 3 American yellow 08140, Bay ports, and at 86 1-20, on track, Toronto. Rye -Prices nominal. Buckwheat -Prices nominal. Bran -Manitoba bran, $25, in bags. To- vont° freight, Shorte, $27. COUNTRY' PRODUCE. Beans -$3 per bushel; prienee, $2.65 to $231.705.ney-Extracted, in ties. 11 to 12o Per lb. Combs. 82.50 to $2.75 per dozen. Baled Hay -No. 2, 819 to $20 a ton. Clo- ixeds $14 to $15.50. on track. Baled Straw -$11 to $11.50, on traela Tp - Maple Syrup -$1.25 per gallon. ! • Potatoes -Car lots of Ontarios, in bags, $1.75 to $1.80, and Delawares at $1.85 to 51.90. Out-of-sbore, 51.95 to 52. Imported potatoes, 51.60, in oar lots, and $1,80, out - of -store. 33 -UTTER,, EGGS, CHEESE. Butter -Dairy. choice, 23 to 240; bakers', inferior, 19 to 20c; creamery, 26 to 27c for rolls, and 250 for solids. Egge-22 to 23e per dozen, in ease lots. Cheese -New cheese, 14 to 14 1.2e per pound. HOG P-RODUCTS. Bacon -Long clear, 14 to 14 1-40 per lb., in case lots. Pork -Short eat, $24 to 526; da, mess, $21. Hams -Medium to light 18 to 181-201 heavy, 161-2 to 170; rolls, 13 tato 211301.-2es breakfast bacon, 180; backs, 20 Lard -Tierces, 140; tubs, 141-4o; Pails, 141-20. • MONTREAL MARKETS, • Montreat'June 4.-e-Olitababadian West- ern, No. 2, 55c to 551 -Oa; do.. No. 3, 501-2 to 510; do., extra No. 1 feed, 511-2 to 620. Bar- ley -Man. feed, 65 to 66o; do., malting. 81.- 06 to 51.07. Buckeybeat-No. 2, 74 to 7513. Flour -Manitoba, Spring wheat patents. firsts, $5.80; do., seconds, 55.30; do., strong bakers', 55.10; do., Winter patents, choice, 55.25 to $5.35; dos straight rollers, 84.80 to $4.90; do, straigbt rollers, bags, $2.30 to 52.40. Rolled oats -Barrels, $5,35; do., bags, 90 lbs., $2.66. Bran -$25. Shorts - $27. Middlings -$29. tfouillie-$30 to $34. Hay, No. 2, per ton, car lots, $20.50 to $21. Cheese-Filaost westerns, 14 to 141-8o; doe finest easterns, 13 3-4 to 13 7.8c. Butter - Choicest creamery. 27 to 271-4c; do, sem onds, 25 3-4 -to 26 1-2c. Eggs, seleeted, 25 to 26c; do., No. 2 stock, 18 to 19c. Pota- toes -Per bag, care_lote, $1.70 to 51.75. UNITED STATES MARKETS. Buffalo, June 4. -Spring wheat -No. i Northern, Dazloads store, $/.22.,3-4 Winter. No. 2 red, 51,20; No. 3 red, $1.18; No. 2 white, 51.19. Corn. -No. 3 yellow, 830; No. 4 yellow-, 82e; No. 3 corn, 791-4 to 80 1-4o; No 4 corn, 781.4 to .783-40, all on track, through billed. Oats -No. 2 white, 580; No. 3 white, 571-201 No. 4 white, 561.20. Barley -Malting, $1.16 to 51.2.5. • Minneapolis, June 4 -Wheat ---May, $1.- 12 5-8; july, $1.13; September, $1.05 3-8; No. bard, $1.15 1-4; No. 1 Northern, $1.141-2 o 51.143-4; No. 2 Northern. 81.121-2 to 51.- 14 3-4; No. 2 Northern, $1.12 1-2 to 51.12 3-4. Corn -No. 3 yellow, 74 to,750. Oats -No. 3 white, 510. Rye -No, 2, 831.2 t,o 84c. Bran -523.50 to 524. Flour -First patents, 65.50 to $5.75; do., seconds, $5.20 to $5.45; first clears, $3.90 to $4.15; do., seconds, 52.80 to $3.10. • - LIVE STOCK ,MARKETEL Montreal, jun° 4. -Choice steers sold at $7.75 to $8.00; good at $7.25 th $7.50, arid the lower grades front that down to 56.- 50 per cwt. Choice bu.tehers' cows sold as high as 5675±0 57.00, and good at $6.25 to 56.50, while the comixion sold down as kw all 54.25 per cwt. Cheicesbulls sold at ,6.7b to $7.00, good at $6.25 to $6.50, and oonnuon from 54.25 to $5.50 per cwt. Sheep sold at $5.00 to $5.50, and Spring lambs at 53.00 to 54.50 each. The demand for calves was good at prices ranging from 53.00 th $10.00 each as to size and qua- lity. A weak feeling developed in the market for hogs owing to the increased supplies and prices declined 25 to 50e per cwt., with sales- of selected lots at 59.25 th $9,50 per cwt., weighed off cars. Toronto,. June 4. -Cattle -Extra choice heavy steers for butcher and export, 87e 60 to $8; good. medium to choice butcher loads, 57.15 to 57.80; common, $5 to 56; canners, $3; choice butcher cows, iirm, at $6 to 56.50; bulls, $5 to $6.25. Stockers -Steady demand at $5.25 to 56 forgood quality; extra choice heavy -feeders, $6.- 25 to 56.50. Calves -Good veal, $4 to $7.- 90; bobs. 51.50 to $2.50. Sheep -Market lower; choice ewe, 55 to $6.25; 'bucks and culls, 54 to 55; spring lambs, 53.50 to 56.- 25 each. Hogs -at 58.40 Lob., $8.75 fed and watered, ana 59.10 weighed off cars. a fit Of rage, she beating. City Judge Hotchkiss de- clared that if women desired men's • prerogatives they should also have "men's punishment when found guil- ty of violation of the law. He al- ways dealt severely with wife -beat- ers, he said, and, accordingly, he sentenced her to three months in the penitentiary. • $1,000 MEDAL FOR ROSTRON. Captain of Carpathia to be Reward- ed by Congress. A despatch from Washington, D. C., ss:. The Senate on Tuesday passed a joint resolution extending the thanks of Congress, and appro. priating- $1,000 for a medal to Cap- tain Arthur H. Rostron, of the Car- pathia, and also a vote of thanks to the Carpathia's crew. al that t e food value of candy is eyond dispute, and that it has a therapeu- tic use in certain forms of heart dis- ease. The absenee of fat, it seems, is an indication that children should not partake of it in unlimited quantities, although the only dan- ger from eating it lies in the fact that it is often adulterated. .-a FRENCH ARE DYING OFF. An Increase in Mortality of 34,869 for Last Year Recorded. A despatch from Paris says: The Freneh Minister of Labor, in the report of th.e vital statisties of France for 1911, says the number of deaths was 34,869 more than the to- tal of the year previous, thus con- tinuing the unfavorable situation of Frame& as compared with that of 'growing nations. • goolont.ftills1•1111110111 MAKING- SAFE INVESTMENTS "Never Put AH Your Eggs In One Basket" -This Should be the Investor's Motto -What Happened to Several Prominent Investors Who Overlooked This Idea. If a farmer had 31,000 with which th buy stock for his farm would he spend it all for a pedigreed bull if he could 'bur no snore? If you had 510,000 to inveat would you put it all into one security!? If you and the farmer were wise equally the answer would be an unhesitating riega- tive. Yet, when it comes to investment many, people place all „their money in one security. The ! farmer's bull might dee; your security might fall on evil days. Two bulls would be lees riek.. Twenty head ot cattle would be little.aisk. • . A. few years ago 'aellank ettestaa its available 'funds in one security. It bought all it tould with its own aral ate depOotters' Money and .berrovresi • more. Something Went wrong -things seldom go snioethly at firet--and the bank had to borrow attn. more. Finally the erash come and the Farinete' Beek failea with prac- tioally ell • its assets locked Up in the Keeley merle, .The craeh was inevitable, of couree, huf.the ghastly folly: Of the di. reotors putting all their shateholderte moneY late ova security -and ehat . a nalne-ean an error which no intelligent broengor would ever be guilty, of when buying for handed!. • The greed old ride, "Never put all Your ego in' one basItat," it one of the most important that the invesfor Cats follow, and then Oren if his Judgment is at fault, kis average over eay ten securities -un. lege they ard' all mines -will be Much bet. tor time if he only purehtteed one, rem eenen buying nende, this diatribe- -doe of risk as it 88 called, Os a very iire portant matter. If you look over the in- vestments of the insurance companies you will find this followed closely. In the Insurance Blue Book issued by the finance department at Ottawa all the in- vestments of the insurance companies are given in detail. One of the smaller life companies fine three pages with ite mu- nicipal inveetreents 8.1020. Then it has sound corporation bonds, such as those of electric liglet, power and tramway eons - /mutes, some iezaustrial bonds and a small but select list of bank stocks, atid a few of those _like C. P. It., but not many. Then thca have mortgages and loans se- cured by collateral --chiefly bonds. Theo ono can find the seeetritiee of foreign goy- erelnente,'iricluding each high-grade stuff as Beide*. e,onscds. In short„, tie° distri- bution -of risk theory is followed to a commendable extreme. The beaentof this is obvious, A few yeare ago the Sovereign bank found it had the ;ashy Chieage and Milwaukee nonde for the good of lts health and incontinently was wound tip, At the same time eeveeal insuratice °duvet:dee had to write' off seventsailve!per coat.' of the 'par value, of ;these bonds. Did theyfail? WhY, tio. •The! advance in the price of their other breestments more than offset thierelatively entall Imes, • But had theY no followed the old advice about their eggs there 'alight have been. troteble. The Sovereign bank forgot it, however, and there was treuble. The moral is obeloue, "INVESTOR." Since DIFFERENT NOW. the Slugger, Coffee, Was Abandoned. • Coffee probably causes more bil- iousness and so-called malaria than any one other thing -even bad cli- mate. (Tea is just as harmful as coffee because it contains caffeine, the drug in coffee). A Ft. Worth man says,: "I have always been of a bilious temperament, subject to malaria and up to one year ago a perfect slave to coffee. At times i would be covered with boils and full of ma- larial poison, was very nervous 'anal had swimming in the head. "I don't know how it happened, Vat I finally became convinced that my sickness was due to the use of coffee, and a little, less than a year ago I stopped coffee and began drinking Postum. "From that time I have not had a boil, not had malaria, at all, have gained 15 pounds good solid weight and know beyond all &ebb this is due to the use of Postum in plate of coffee as I have takea no Medi - eine at all. "Postura has certainly made healthy, red blood. for me in pleat, of the blood that coffee drinking inapoverished and made unhealthy." Name given by Canadian Posture Co., Windsor, Ont. Postunt makes red blood. There s zt reason," and it is ex- plained in the little boOk, The 1:toad te Wollville" in pkgs. vor read the above lattert A now one aware from tIma to thin). They ere • ginelneetatilettlid 11.111 of Rumen intareet. THE NEWS IN A PARAGRAPH Eux.,ENIN. FROM Att OUU THU GI,011X IN X NUTSHELL. the Empire and the World in Couoral Before Teat Eva, • CANADA. Canada Simooe has passed a $36,000 sew» age by-law. Calgary's police census gives a population. a 61,340, All grades of Sugar have been re- duce(' ton cents per hundred lbs. D. F. McMillan a Reaina eity 8,s- ' , aecarr, dropped dead in the city h Two Toronto stenoeraphers be-, came heirs to an eseate between $75,000 and $100,000. Roes, convicted of raan,slaughter at Montreal, is dying in , prison of tabeaaulosis. The Toronto police. believe they have arrested the leader of 421, gang of eotaine smugglers. . Conaplaintilme beep. laid at Que- bec against the C.N.R. for aot post- ing time table a i3a. French. • Forty million dollars will be spent by the railways in Montreal wit - in the next two or three years. Those who subscribed to the Y.M,O.A. fund in Ottawa and have negletted tee pay up, will be sued. Alex. Blondia was shot and killed on. the Alg'oraa Central Railway line byhis partner, jos,epli Bend, who anistcx3k him for a deer, Conditions at Hamilton •General Hospital are so discouraging that Mayor Lees has suggested that a new building be erected. • There are 23 ocean steamers now using the, St. Lawrence route for which the,re is no dryclock large enough in ease of necessity. • The Militia Department reports its inability to get horses for eamp purposes. Eastern breeders are sending their horses to the west. Parents of Harailton school chil- dren have been asked to express an opinion on the advisability of the keeping of two schools ,open during the summer. Sohn. Macpherson, postmaster at Traeadie Road, N.S., died four years ago, but his death was never reported to Ottawa, his widow raaantaining the office, lVira,and will establish. a customs re- codnd will reach about $9,000,- 000, an increase of two and. a half inillion.s. Twenty-four new customs ports 'have been opened by the Gov- ernment. The Dominion Mining and Ex ploration Company, with a paid-up capital of $2,500,000, is being form- ed by a nuMber of leading Canadian and American financiers, to inves- tigate mining a,nd other proposi- tions in Canada. GREAT BRITAIN. General Booth has been declared totally blind by the doctors in at- tendance. The will of the Duke of Fife dis- poses of an estate of over $1,000,- 000. Landon shipowners have declined to' 'confer with the transport work- ers toward a settlenaent of the strike. Mr. Asquith and Mr. Winston Churchill viaited the Mediterranean to e,onsult withViscount Kitchener and others as to defences. UNITED STATES. The United States Senate passed the bill for an eight-hour day- on Government work. U. S. eraigration returns show an ex.oclas of 175,329 .to Canada the past year, an. increase of about 22,- 000. • John Maley, a Boston chauffeur, who ran down and killed two men while joy -riding, was sentenoed to five years. • The Housewives' League of New York have taken • up the fight against the inereased price of an- thracite coal through Mrs. Julian Heath, the president The New York ex.eursion season opened with all'vessel e fully sup- plied with life-saxreg equipment, as a result of the lesson given by the Titanic disaster. • The United States House steel and iron tariff bill passed the Sen- ate, repealing the Canadian reci- procity act and ,putting a universal duty a $2 it ton. on print -paper. More than a thousand waiters at the Waldorf, Gotham, Breslin, and Rector's hotels, New York, joined the strike already in force at the Holland and Knickerbeek'er. avnt ea...44=4a" Gitarr, 1111 Maae in Cara opmpommosonommulllliglif11111111 Cone0774 to ai • high' soara 11P etifeit4• sroodo, awful foe fire. hundifed priroan -GILLETT PERFU un sok ll I 011 HIl/ MONTREAL HARBOR PRAISED. Engineer Cowie Says It is Not Equalled itt -the World. A despatch from Montreal says Mr. F. W. Cowie, chief engineer of the Harbor Oomnaission, who has juet returned from the twelfth In- ternational Navigation Congress at Philadelphia, said 9n Friday :- "There is not a harbor in the world that equals ours in the economical handling of freight. Our most up- to-date freight handling facilities give us the most economical port handling in the world." Mr. Cowie continued: "My own personal im- pression of the Congress is, after listening- to discussions by learned representatives from every civiliz- ed country in the world, that we, here in Montreal, ha,ve an initia- tive equal to'that of any other port on the earth." SIX PERSONS DROWNED. Terrible Aecident on Lae le Grand 'Quebec. A despatch from Chenneville, Quebec, says: Six people were drowned in a, boating aecident on Friday while crossing La,c le Grand P,oisson Blanc, There were thir- teen in the beat when it was upset in it squall, and seen managed to save their lives. • HO HELES S F-RO III FIRES. Several Lumber M,ilIs DeStibyed in Newfoundland.. A despatela from St. Sohn's, Nfld., says: Several lumber mills • have been destroyed by fire and 175 persons are homeless as a result of the forest fires raging in tlie north of this island. The fire has been raging for the past two days. GENERAL. The London Welsh Male Choir won the President's prize of $2,000 at the Paris musical festival. Postoffice clerks in Paris have been found who have trained snails to race as an office pastime. The Powers have notified 'Turkey that they will not tolerate the clos- ing of the Dardanelles Straits. Prof., WilheThi Grugel, 'Dean of the Hygienic Institute of the Uni- versity of Rostook, Germany, an. aatinces that he has found the bacil. lus which causes foot-and-mouth disease, and a serum for rendering 69,We immune against the malady, The serum is preventive and can be administered only to healthy ani- mals, • BONDS PAYING 6Z INTIRE$T q The First Mortgage Bonds of Price Bros. & Company at their present price pay 6 per cent interest. The security they offer is first mortgage on 6,000 square miles of pulp and timber lands scattered throughout the Province of Quebec. The timber is insured with Lloyds of England against loss from fire. The earn- ings at present are sufficient to paybond interest twice. over, and when the mill now in course of construction is in operation'earnings will be enormously increased. These bonds can be quickly converted into cash, as there is a ready market for them. ¶ Prom standpoints of interest return and security, those bonds-tonstitute an investment of excep- tionally high order. There is every reason to believe these bonds will considerably increase in value. . We will be gIad to send you literaturefurther describing these bonds., ROYAL SECURITIES CORPORATION Li miTED BANK Or MONTREAL BUILDING • • - NONCE AND QUEEN STREETS TORONTO R. M. WHITE MONTREAL-QUEEJEC-HALIFAX-orrAW.• Manager • LONOON (ENG.) THE CANADA BRICK 00., $100.000 7 per Cent. Preference Stock with .43 per Cent. Bonus of Common THE Montreal Bond Company, Limited, are making a public offering of $100,000 of 7 per cont. cumulative preference stockf the Canada Brick Company. Limited, at 95 (par value $100.00 per share) with a bonus of 40 per cent. of commote The capitalization of the company is 31.000.- 000, divided inth 7 per cent. preference, of which 3200,000 will be issued and 5600,000 coalmen, of which $300,000 will be issued. Of the issue of pre- ference stools 5100,000 has been taken firm, leaving but $100,000 th he of- fered to the public. The great anthant of building aotivity Which is go- ing on in Montreal at the present time has created. a tremendous de- mand for all -kinds-Of building material, and it is to supply a portion of the demand for brick that the Canada Brick Company, Limited, has been incorporated. The company are erecting two plants, one at Mile End and the other at Si Lambert, the combined capacity of the two being 15,00000 bricks per year. As there are 325,000,000 bricks used in Montreal every year, and as the National Brick Company can supply but 135,000,000, it males that nearly 200,000,000 bricks are required to be brought in from other sources..• THE Canada 13rick CoMpany propose manufacturing their bricks by what is known as the sand -lime process, which is regarded as an IM- • proveinent on the ordinary bricks made from clay. According to tests made by Milton Hersey & Company it is shown that sand -lime bricks are equal in strength and quality th the best kind of pressed brick, and at the same time possess greater regularity of form and uniformity of dimensions than the ordinary brick. In addition; the brick is impervious to climatic changes, which rnalree it invaluabee in a climate such as we have in Canada. It is especially suitable for -the better giades of build- ings which are being erected in the city of Montreal at the present time. While in a raeariffee the process ie a new one it hos been rapidly coming into favor •with architects and builders. In Germany where it was first discovered in 1880 there are 280 plants in operation at the present timer while in the United States, whore it waa introduced in 1901, there are 74 plants manufacturing this class of brick. Canada has 10 companiee en- gaged in its manufacture. IN Montreal at the present time high class brick, such as sylli he ona par with that being Manufactured by the Canada. 13rick Company, are sellina at 5/8 per thousand, but the neW eompanylexpect ±0 manufac- tute brick at $7 per thenoand, and have put -their net selling price be the proapeetus at 512 per thousa,nd, which givete theeu a good margin • of profit. Ao a matter of fact, they have already sold oyer half of their first, year's estimated output at a figure ceneiderably higher than the $12 Mentiened itt their prospeetuse Placing their output at only twos thirds of full captteity, the company ebowt; id profits, after payinent of dividends and of manufacturing expenses, 536,000, which ie equivaleet to 12 per pent. on the Demmer; sthck. As Montreal is situated at the pro. sent time, there are no available supplies of eley-making brick and Other Materials must be subetituted. Everythine, therefore, point ±0 the likelihood of the new company securing an ample market and a good price for their eutput from the very start. THE Clotapany are fortunate la seettrieg at members of the bo'ard of di- rectors men prominent in the busittesa afeairs ef the country. Amoilie these are C. H. F. lemmas, H. A. Lovett, K.C., G. F. (*yips, • N.C., and A. G. Cameron. The prosperity which lute attendeti other brick concentt 10 Montreal 18 likely to be ditplicated to an oven geetaer extent 1)y the Canada Brick! Company., letafinfaettiring wile commence at the St. Lambert plant earlY in Joao. APPLICATIONS tor Proanettua Subsoriptions may ba Mailed (NONA to Montreal Conn Co., Limited, Montreal, or to any branch - of tin Claret of Toronto, • MEAT IN Clii-CTS. Six Cents a round D ea Retail tail Than a Week Ago. A despatch from Chieago say I Meat on Wednesday advaneed to the hignest priee known einee the Civil War. Retail butchers began charging from fear to six eents pound more for prime eats of beef, veal and mutton, thee: a week ago. An unusual feature of the soaring retail market is that, although Chi- cago is the meat producing centre of the country, the prieeS here' on Wednesday for meatsaveraged from one to two cats higher than butchers are'eharging in New York City. • No explanation of this start- ling condition was offered by Pack- ers. Aecording to packers, the high prices will prevail many weeks, with a prospect of further in The packers blame' the alm Of cattle, due to a scarcity of hibitive co_st of meia, t to the sh • RECORD CUSTOMS INCREASE. Nearly $9,500,000 Revenue Report- ed at Ottawa for Hay, A despatch from Ott.in says: The promise of a record Increase n the May customs receipts is amply fulfilled in a s4,tement completed at the Department of Customs on Friday. The exact increase for the month reaches the substantial figure of $2,531,956.37. The receipts for the -month amounted to $9,485,111,-. 78, a,s compared with $6,953,155.41 for the corresponding month of the previous fiscal year. This brings the increase for the taro months of the current fiseal year up to 098,776.04, the receipts being $17,- 561,074,03 for the two months of 1912-13, -and $12,462,29'7.99 for the same period of 1911-12. • ATHEIST MUST TAHE OATH. Decision in Peculiar Montreal Coiirt Affair. A despatch from Montreal says: The disputa which arose in the courts here as to the relative legal values of a witness' word of honor and his testimony on oath has been settled by Mr. Justiee Laurendeau; to whom it was submitted. The judge has decided „tb at it witness in a Quebec, court in a civil suit must swear upon a Bible and accept the regular- formul& about telling the truth put to all -who testify. $10,000 FROM STRATHCONA. Fund for Montreal School for Blind Now Complete. A despatch from Montreal says: The president of the Montreal Asso- ciatiou for Blind on Friday receiv- ed a letter ,from Lord Strathcona„ with a cheque .for $10,000. Three years ago the society started out to collect a sum of $100,000 to erect and equip an up-to-date school ter the English-speaking blind. Last August Lord Stratheona, promised to donate $10,000 when $90,000 had been subscribed. The $10,000 cora- ' plebes the fund. EMIGRATION TO CANADA. • Over 27,000 • From Old Lands in April. • A despatch from London says.: Government returns of emigration ' shows that the following went tici Canada during April.: -,-From Eng- land, 20,163; from Scotland, 5,557; from Wales 316; from Ireland, 1,- 324; total, 27,370. To the other do- minions the number was 10,624, and to the United States, 13,028. 'While Scotland's poptalation is one-eighth of England's, emigration from Seat - land is twice as rapid as from Eng- land. • ITALIANS TO LEAVE TURKEY. Home Government Has Decided to Recall Them. " A despatch from Rome says.: The Government has decided to recall to Italy immediately all Italians in Turkeywho are exempt „from the expulsion. order. The redaon given is alternatively stated that massa - ares are feared when in the near fu- ture Italy begins aggressive action being. ineabeyance until the exedus age,inst Turkey, naval eperations is complete, or becande the exempt- ed persons are skilled artificers or others whoare connected in impor- tant ways in aiding Turkish indus- tries Whose withdrawal might crip- ple the Port. • , • TO EDUCATE YOUNG nurtmEns New Zealanil Iles Allotted a`Large Sum for the Purpose. A despatch from London says: The.iaern t4DdGii"ovtioedmueenatiteothGNyeowmZgear,,lzno34,1 er a the future. The Cabinet has allotted a large sum tor the imme- diate erection pf apprentices' oar. tors at the Experimental out- side Wellington. The lads will be instructed by officers of the Agri - al Dpabxaertt, and after three months training a slight re- numeration will be paid, irkereasing ite proportion to the degree, of in. dustry arid ability.