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HomeMy WebLinkAboutThe Herald, 1911-08-25, Page 3e 1G, tr ,s TERRUiLE CRIME �gied Children, Placed Them in Beck; 4 Then Hanged Herself. :A •despatch from Lion's Head,' Ont., says: The body of Mrs. Thos. Pettigrew was found hanging dead ixi the kitchen of liar home here by neighbors on Thursday morn- ing, and in a bed upstairs were the bodies a hertwo children strang 1'ed to death. The children were• a boy and;a girl, James and Hazel, Aged 10 and 12 years. From the condition of the house it is evident that they were able to put up come sect of a straggle for their lives, but the frantic woman finally over came them, and by tieing pieces of thin rope around their necks they -Vere slowly strangled ,.to death. • After undressing them and plac- ing them side by side in bed, the woman then tied a: -piece of rope to the bottom of the bed in another room. The end ,..:.of it was put. through a :stove -pipe hole in :the floor. Coming downstairs the wo- man thentied the loose end around her throat, mounted a table and jumped off. The deed is thought to have been the result of insanity brought on by years of illness. Her husband, a carpenter, was away from home at distant work. Cries were heard from the house about midnight. Noticing no life about the place, the door was broken dpwn., CIGARETTES CAUSED •aLl Warehouse and a Hotel Damag- ed at Ottawa. A despatch from Ottawa says; je fire occurred here on Wednesday' eight with losses estimated .ab 1;100,000. Two boys smoking cig- erettes while tending to a teeth of horses, se't fire to the whrehonse•s pi Provost & Allard, wholesale gro- cers, and did $20,000 damage there, The flames then caught Chevrier's Hotel on Murray street, which was completely gutted, and some of the ehantymen therein had to be car- ried out by the firemen, owing to being under the influence of liquor. The fire scorched many near -by houses, and hetw•een - the fire and water oust $ c00,000 damage ere it was over. • • WILL BE CREAT SHOW. Every Stall alien at C. N. E. 11'ill be Full. There is stabling at .the Canada. an National Exhibition for 1,500 horses, 1,200 cattle, 900 sheep and 600 pigs, and at the rate reserva- tions are being made it is assured th t,the-re won't be a vacant sta11 diaektaitNten. the Exhibition opens. The entries from,' across the- line are much More numerous than usual, the large additions to the ne'amount of prize money.' and :the $500 special prizes having attract- ed wide-attention. _—__14— MONTREAL __14----•MONTREAL REAL ESTATE. Sir Max Aiticeu and English Inter- ests Purchase Block of Land. A despatch from Montreal says: Sir Max .Aitken and certain Eng- lish interests on Wednesday pur- chased the blook of land surroun- ded by St. Catharine, St. Alexan- der, St. Edward and Bleury streets, paying $377,000 for - the property. Part of the property was owned by C. A. Workman, who purchased it four years ago 'for $92,000, and received $175,000 on Wednesday. STANLEY RHODES KILLED. Nephew of Cecil Rhodes Met Death in Automobile A.ecidcnt. A despatch from London says: Manley Rhodes, a nephew of Cecil Rhodes, is dead a:i the result of in- juries which he received in an au- tomobile accident on Wednesday. His wife, who was formerly, Miss Mabel Russell, and a Gaiety chorus girl, is also reported dead ss a result of the accident. J IJ L1ED IN AUTO ACCIDENT. Montreal Party Came to Grief While Crossing a Bridge. ,A" despatch from Montreal says: Two persons were killed and two others badly h jured at R•osem.re, t`eenty. .miles from Montreal, on Thursday night, when an auto car- rying forty passengers, skidded off the wooden b;;idge and plunged in- to the waters of the River Jean, The dead 'are Mr. Joseph Gorman, an •ex -Mayor of the municipality cf Outreinont, and a woman whose 'name could not be ascertained. The two persons injured were Mr. Joseph Egan of Montreal, and a woman whose came it was rmpos Bible to learn. The accident oc- `curred at 11 o'clock, when after a run through the country the auto was• being driven back over the bridge. from Rosemere to St. Rose on the ether side of the river. TWO MEN HURT IN WRECK. MAKING SAFE iiiVESTMENTS SAFETY OF A BOND DOES NOT DEFEND ON STABILITY OF MARKETPRiFE RARYESTIK�.. How neoes0;ary it is for a man to know what his requirements are before' jnvo't- Ing-How some high ciaass Securities sag in the Market without any doubt as to their safety -A. moral drawn from the recent failure of the Birkbacii Bank which was caused by not observing carefully the nature of its requirements. In the first of this series it was shown that "distribution of risk" is an import- aut principle of investment. It is a very eimpie ane, however, involving no very confused ideas. There is another prinei- ple to be borne in mind when making in- vestments which is of no less Importance, but it is, however, considerably less ob- vious to those whose investment experj- once is small -and even to , many who should understandits actions thoroughly. This is the principle of investment "in accordancewith actfnl requirements." SPRING 1 FEL ING verage Yield Predicted Fromm Many Points in the West, A daspatch Froin Winnipeg says: Orop latilletins from almost two hundred districts of the West, re- ceived on . Friday, claim an aver - ago yield of 25 kkiishels to the acre. Five thousand farm hands arrived in file city on Tritlay, and are com- pletc,ly assigned to various dis- tricte, where harvesting is in full sluing. Withan average tempera- ture of 47 and very little rain dur- ing past twenty-four hours, olds are. taking on the harvest ht.a, and there is but slight anxi- ety-T:'.4ppaient;over the possibility sifltault arriving before the grain kiss lt7eoi ciit: On the whole the r3i�1�s are splendidly: reassuring. (By "Investor")' Suppose a man went to a doctor, and de-_ manded a prescription saying he was til butrefused to give his symptoms; you would consider that man a ilt subject fol: a lunatic asylum. yet he . ie not much more inane than the man who writes to an investment house and makes the bald statement that he desires to invest suca- and-such a sum of money and asks them to recommend it security without stating any further ,particulars. Last week we saw that there are at least five important; points to be considered in investing in ac- cordance with our actual requirements. It is necessary to know ail the "sympto) le of the case" in order to pick a.security and to rocomend an invoetment fulfilling. the necessary points. Just to -day for es:- ample xample I received a letter from a inf who asked if a certiitin stock was a goo. investment. And`,'sit ,Was ` a good. intoe ment for certain classes of investors, but' for many others it was -most dbe dediy no so. Yet without givie'g 'any i'ar'tirulare as to whether he was rich or poor; wheth- er he desired great safety ay a high ice come; if he required "a readily saleable. stock or not; he wanted eterice. As well ask a physician if a mustard plaster is good for a sick man. without any des- cription as to his particular ailment- So these points arei.not to bo passed over without careful study, and if this study is given them it will resultin your In- vesting your money in a manner which will give 'ion the greatest satisfaction.. Freight : Train on the T. and N O. Railway Piled U,1 in Ditch. A despatch from. North Bay says : A freight train en the T. and N. O. was wrecked on Friday six miles north of here,' several -cars leaving -the track and piling. up in a ditt h. Tvird. i11en,, : beating their: way en top 'of .a Teak-ca'r, Were hurled beneath thewreckage and seriously .injured. Louis Leblanc is in New Liskeard Hospital, and may die.. John Labelle was dug out of the wreckage with a badly cut head, but was able to continue his journey, after his injuries were dressed, hw • Not one single point reported da- mage from frost, and there sare only few isolated cases Of hail, Rust .has appeared in quite a number of districts, but though correspondents Alio/Wed to the enquiries only three ,of them re- ported material damge. from this souree. Seventy=five "per cent. of them stated that their distri=ts were -unaffected by rust, while, with the exception of the three localities already • noted every place heard from maintained that the crop was tou fax advanced to fear serious injury irons rust. Wheat, oats and barley "yield will be 20 per cent. in excess of other years. remo , from that and will be taken up fully `,}+'thin the next week or two. Oli 'brief examples,,serve to show not ou13 , jj e difference between "safety" and ''ntln, y of •.market price" but also in - f he importance of knowing what Y q 7 ;t and getting" it- •LBER.TA. CI -CLONE. It Occupants, Carried anil ii'olflan Hurt. from High River, s ; Information received `ma the report of a cy- l'evastatecl'part of the district,, twenty A shack in rid a child were a hundred yards, fell out, hurling ,;o the earth, but ry. The shack,, vas eavenward autl de - other woman, 'seeing ehltetaing, took refuge un - e, and was severely in - tying rocks and gravel. the path of. th•e storm Bred impassable by fall - w:'='• The, cyclone was local o touch any lager build - district, or great loss 1•ihave been inevitable. DEATHS IN MONTREAL. The Month of August Has so Far Led Record. A despatch from Montreal says': The month of August so far has set a record fox the number of acci- dental- and violent deaths in Mont- real 'and vicinity. Up to this time over eighty cases of this kind have already been reported to the morgue. BLOWN FROM STREET CAL Fear Suffered Injuries in Ottawa When Motor Exploded. A despatch from Ottawa says: Four men received painful, but not serious injury, here on Thursday, when the -motor on a street car, blew out, setting fire to the car. Three passengers and the conduc- tor were blown clear off the ear and sustained burns and other mi- nor injttries. EAT PROSPECT The Condition of the Grain in the Domion Is Ninety Per Cent. A despatch from Washington says : The foreign erop report for, July was issued on Wednesday by the U. S. Department of Agricul- ture. In western Canada spring whe+ prospects appear to have maintained their excellent pro- mise. The condition at the end of July for the whole of Canada was• given at 90 against 77 last year. The total yield of winter wheat is estimated -at ' 17,706,000 bushels, compared with 16,610,000 in 1910. - ': The .cereal harvest in Europe on 'Aueeet l diad reached the latitude of the British Isles. In the west it was from one to three weeks early. and in the east from two or three weeks late. The total crop is not likely to equal that of last year. In Argentina and Chili, where autumn -sown crops are now pass- ing through the mild winters of those countries, weather conditions have been reported favorable, and indications point to a good yield of wheat, oats end flaxseed. In India weather conditions have been untoward, but lately some improvement bas been netede There are two of those points quite; like to be confused -.:-"'Safety' and "Stability of Market Price." Yet investing in any security except sha of stock, these points are latterly dissimila Why stocks are excepted will be taken its . in another article as the explanation in-•' volves some special features too lengthy for the present discussion. For example, Consols --the famous abbre- viation for Consolidated Debt of Great Britain --have declined over twenty-ilve, points in the market during the past teti years, although there has not been the. least feeling that they were not perfect ly secure. Con:,ols have for year, been the premier investment security o the world and the alteration in quote price has absolutely no effect neon then safety to the investor who, without a; desire ever to soli, bought at pari-. course when the Government decide to re- pay them they will do so at par; but for the man to wham stability of market was a first consideration a more unfortunate+ high class investment could not have been chosen. Take the Birkbaek bank which in- vested heavily in Consols, The, Directors bought a security and paid a high, price for the element of safety, while stability of market price should have been their first thought. As a result of their lack .of judgment and carelessness in diagnos- ing their requirements, the bank was forc- ed to close its doors. So too the man with a surplus supply of funds, which he may require at an indefinite period in tho fut- ure, but meantime desires a better rate, of interest than • saving banks allow, must chose els investment which will en- able him to realize on his holdings at short notice with little or no loss. Of course there are securities of this sort. Bonds which aro within a very few years of . maturity."40n they will bo paid at par -present thtsiefeature very strongly. The stock of a bank such as the Bank of . Montreal, leankm)f Nova Scotia Or of several others of equal merit aro excellent mediums for the investor who wants a fairly high and certain return and an excellent chance in the long run of appreciating in value; but the fluctua- tions of price which have beset all bank stocks in the market during the past eigh- teen months makes them a decidedly unde- sirable form of investment when stability is .the prime essential. The fluMtuations had a.bsolutelY nothing to do'{with the condition of the beaks themselves -- seldom have they done a better or more SEc', TEAMS. uteriea Will be at This Year. . oinpetition in six -Horse s is promised for this anadian: National Exhibi- ie famous Morris team of r whichclaims the clem- �. of America, will be here understood tli'at Graham Claremont;, and The of Toronto; will be tall,✓ other entries. As there Buys been an idea that Ca- ' anis could be produced to at Chicago champions, the k ion should b'e exceedingly PILES 3f FARM PRODUCTS f,EPORTS FROM THE LEADING TIADE CENTRES Oh' k 31Ts1_i1(u. THE NEWS ItiA. AAAP' RAP11'13101;0a lE'Jixi9l , OVE TIIE yGLOBE( . IN NWr�A- lUL. Canada, the Empire and the Vliol'lilt in General • 'Before 3i our Eyes. CANADA. The water in Toronta'harborage the lowest on record. A bay was killed by falling 'from a tree near Ottawa. Charges of mal,admini stratio n were laid agaiixstl Fire Chief Trema bray of Montreal. A Canadian ap reeeedsibit car▪ r• ied off highest award at 'the : Internam tiunal Exhibition at Detroit. The Dominion census returns will be compiled on a special tabuiat' ing machine being made in Tel sa. iu The International Harvcstei Company will spend a quarter of asmillion dollars on uew buildings de Hamilton. George Neilson was sent to the Central Prison from Sault Ste, Marie for stealing money 'hem hospital patients. Mr. Percy Simlrronds of Halifax and Miss Nellie Burton were drowned in Dartmouth Lake by their canoe upsetting. Joseph R. Forbes of Amabel toidiship is dead from using butter and milk from Caws poisoned by noxious weeds- His mother and brother are very ill. GREAT BRITAIN. Lord James Hereford is dead. UNITED STATES. Prices of Cattle, {train, Cheese and Other Produce at lloum and Abroad. • BREADSTTJFFS. Toronto, Aug. 22. -Flour --Winter wheat, 90 per cent. patent's, $3.35 to $3.40 :Mont- real freight. Manitoba Hours—k n st pat- ents, $6.30; second patents, $4.80, tied strong bakers', $4.60, on track, Termite. Manitoba wheat -No. 1 Northern, 51 u2, Bay ports; No. 2 at $1.01, and No. 3 at 983.4c. Senator Root has tabled an Ontario wheat—New No. 2 at 82c, out- side, and old at 82 to 83e, outside. Senator to the arbitration Peas -87 to 88c f.o.b-, cars, outside- treaties- Oate--Ontario grades, 40c outside, for No. 2, and at 421-2 to 43c, on track, 1'o- . ronto. New No. 2 at 37e, outside. No. 2 W. C. oats at 40 1-2c, and No. 3 at 393-c, Bay ports, ports, Corn --No. 2 American yellow, 66 1-2c, Bay and 71c, Toronto, Rv e-nominalThere. Is none offering, and prices ars offering. Bran-eremite/me, $20 to 521, in bags, Toronto, and shorts,2825 in bags, Toto; f Ontario bran, $21_in b:p. bags, Toronto. beg, Beans-$COUN2.20to 5TPY2.u5,P.ROD"CCE- I'1�:1S-LN1S WOUNDED.NlWOUNDED.Honey--Extracted, in tins, 11 to 12c per ib. Combs, 52 to $2,60, BaledNo, hay-No.2at511 1 to at514, 813 to $14, on track, F.!gllt Beteeen Soldiers ;Lady Par, andBaled straw -$6 to $6.50, on track, fio is.iio'l1.erS Oi-cr Church. Property. routo, Potatoes --New, je barrels, $4.50, and, per 1 A despatch from Lisbon says i i Pot ltr 1e -•Deeks lief 11 to. 12e:; .hens, t•Aln attempt by Government of3iei- ive,' i2"1.o 130; citioks,' li'vo,X13 to' les,,,,„,. �..- ! ;.ii :.. $u 'take.. 'ail . 3n,Ve;ni ary - o th6 ,r •S C'htu•ch property at Lieela on' Mon- Butter—Dairy prints, 19 to 21c; inferirr,+ y rent 17c. Creamery, 24 tc'25c per lb 'for ; parishioners and the tTOOpS, dllr rolls, and 22 to 23c for solids. 32 ing w111C11 1Ylaiiy j1el`SOSiS R'er 23e, Eggs-Strictly hyate18lto i2 iterl cioicn, i n 1 woumd•ecl. The pries" had chase case lots. the church and refused admittanc ma PRODUCTS. Ito the uiileials, and when a detach Bacon Long clear, 113.4e. per lb., in cage merit of nliliter forced the door lots. Pork, short cut, 523; do., mess, ''1 file pastor assembled SOU j;('i'SO.i hv11 Hams -Medium t 1512o 18e; t1111 2 to 1 c ;; of his congregation ase and 1 esiste breakfast bacon, 17 to 18c; backs, 191-2 to � the soldiers. The peasants wer �_ Lard—Terces, 10 1-2c; tubs, 10 3-4c; pads, i not dispersed until a large nu beg had been injured. The inve tories in several northern distric have been temporarily suspende and a number of priests have be placed under arrest. ;iter Growth of Toronto as a Financial Centre. into, August 21 (Special).— to has every • .reason to be ed with the success that has ded the isstte made by Messrs. hra Mulook .& Co., of the bt5n a of Canada Bread_Company, Lltiiited, because the favorable re- ceptioa with which it is meeting in- dieetes that Toronto must,,\have made' very considerable progress as a finanbiale centre. Many of the larger houses 'would have hesitated making an issue during ,the holi- day season, but Mr. Mulock's fore- sight and courage seem to be bring- ing him the success he deserves. The favorable reception it has re- ceived is "alI the more notable be- cause the issue is being brought out at a time when the market con- ditions both in Wall Street and in Toronto are most unfavorable. AFTER FIFTErh.1 YEARS. GE` ER-'tL. It is rumored that the ex -S lab of Persia has been assassinated. Owing to drought and impend- ing famine in India the Delhi dor- bar may not take place in facee1n- Saautes McCracken, of London, Strikes It RitYh in Alaska. ,A despatch from London, Ont., says: After Bing absent and hear- ing nothing( from his people for fifteen years, Mr. James McCrack- en has written hale that he has struck it rich in selat goldfields of Alaska, and is now residing in Fair- banks, He left London when but a lad, and the letter reaebecl his mother, who is in a paralyzed eon- ditiot. ' His father has been dew. for some years. His people nroiitablo business. The cause was quite believed hire dead. BUSINESS AT MONTREAL. Montreal, Aug. 22. -Oats --- Canadian Western, No. 2, 423.4 to 43e, car lots ,,x storeextra No. 1 feed., 42 to 421.2e; No. 3 C.W. 411-2 to 42e; No. 2 local white, 41c; No. 3 local white, 40e; No. 4 local white, 39e. Flour -Manitoba Spring wheat roe tents, firsts, $5.40; do., seconds, 54.90; `lin- ter wheat patents, $4.50 to 54.75; strong bakers', 54.70; straight rollers, $4 to $4.10; do., in bags, $1.80 to 52. Rolled oat Per barrel, 84.75; bag of 90 lbs., $2.15. Millfeed---Bran, Ontario, $22 to 523; Ma,ci- toba, $21 to 822; middlings, Ontario, i 23 to $14; shorts, Manitoba $24; mil,te, $31 to $22. Eggs ---Selected, 21 We; frc•'h, 17 1.2e; No. 1 stock, 181.2e. Cheese-We:•t- erns, 121-2 to 123-4c; easterne, 121.4 to 121.2c. Butter -Choicest, 231.2 to 240. "UNITED STATES MARKETS. Minneapolis, Aug. 22.--Wheat--Septem- ber, 991.2c; December, 51.001-2 to $1,005.8; May, 51.043-8 to 51,0412; No. 1 hard, $1.031 2; No. 1. Northern $1.01 to 51.03; No. 2 Northern, 96 1-2c to 51.011.2; No. 3 wheat, 95 to 99 1'2c. Corn -No. 3 yellow, 631-2 to 64r, ,Oats -No. 3 white, 401.2 to 411.4e, Rye—No. 2, 83 to '831.2e. Bran -$20.50 to 521. Flour -First patents $5 to 55.20; sec- ond patents, $4.50 to $4.75; first clears, 53.35 to 53.55; second clears, $2.35 to $2,;0, Buffalo, Aug. 22 -Spring wheat stronger; No. 1 Northern, carloads, store, $1.11; Winter firmer; No. 2 red, 920; No. 2 white, 90e. Corn—Stronger; No. 3 yellow, 69 1.4c• No, 4 yellow, 67 1-2c; No. 3 corn, 67 1-4, all on track, through billed.. Oats-Firmer;No. 2 white, 42 1.2c; No. 3 white, 41 3.4c; No. 4 white, 40 3.4o. Barley -Malting, 51.15 to 51.20, LIVE STOCK MARKETS. Toronto, Aug. 22 --}Leavy cattle, butch- ers' or light export, 55.90 to $6.05; mediem choice light butchers', $5.75 to $5.85; in;x- ed, common to fair, $5 to 85.50; common cows, 53,50 to 54.25; good, $4.50 to $5; bulla, 53.50 to 55; canners, 1.50 to 52. Stockers and feeders—Rough light Eastern stock slow at $3.25 to $4.25. Hogs -•-$7.50 f.o.b. and 57.80 fed and watered at the market. Lambs sold at 57.25 to 57.35; heavy ewes, 53.50 to $3,75; light ewes, 54 to 54.25, and light handy ewes, $4.50, There were no choice lambs on offer but there was a market for some at 57.10 to $7.60. IIOME RULE IN SCOTLAND. Measure Introduced "in the Brit - Isis house of CQt01111of1S. KING ASSENTS TO VETO BIL Remarkable Scene in the .House Lords. A despatch from London sae The Veto Bill, limiting the pow of the upper chamber over legis tion originating in the House Commons which resulted in one the most,serious •legislative c filets in the history of the count became a law on Friday, the Iain assent thereto being given ,throe a royal commission in the Hous Lords. Whets the Royal assent e signified, the members of the Loa House present, broke out in lc cheers: A demonstration on tl part had never before been he in the Upper Chamber. ✓f' ----.- NEARLY HALF A BILLION A d h'pateh from London says: Sir Henry Jame•s"Dalziel, member of Parliament for"Kirkcaldy, Scot- land, introduced in the House of= Commons on Wednesday a measure for the establishment of Home Rule in Scotland. Estimated Value of the Real Est in Montreal. A despatch from Montreal, ea City Treasurer Robb has prepa a statement of the financial stn of the City of Montreal. The will float on November 1st a ,of $7,000,000.' According to statement, thy' assessed value taxable real estate in the city 191Q was $320,000,000, and the sessed value of non-taxable estate was $110,000,000, making total assesses value of the real taste in town $430,000,000. 'borrowing power of the cit limited to 15 per oeut. of its sessal-.'z values. As the deb the eity, including the new issue of $7,000,000, is $55,000, a goodeleorrowinig margin is le