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HomeMy WebLinkAboutThe Herald, 1911-10-27, Page 7SPECIAL CHRISTMAS SAI Co. Ltd. Victorian ST. JOHN, N.B. TO LIVERPOOL Sails Deo. 8 Ifirst Class, $82.50 Second Class, 62.60 Third Class, 32.60 Corsican ST. '*TORN, N.B. To LIVERPOOL Bails Deo. 14 First Class, $72,60 Second C1aas 50.00 "One Class," 00.00 Third Class 81.26 Third Class, 30.25 APPIY T H E ALLAN 77 Yong© St. All Steamers equipped with Wireless Sicilian PORTLAND To GLASGOW Sails Dec. 14 "One Clam" $17.60 Third Class, 30,25 LINE Toronto MAKING SAFE INVESTMENTS SOME SIGNIFICANT CONTRASTS BE- TWEEN BONDS AND REAL. ESTATE MORTGAGES. Difficulty of Subdividing a Mortgage and Necessity of Examination of Property !lakes Sale Difficult, if Not Impossible— All Right for Big Estates and Com- panies—More Suitable lnveatments for' Those of Small Means. The articles contributed -by "Investor" are for the sole purpose of guiding pros. Llv oit 1e of ingthemfrom lsugmoneyi1r'nh placing it in "wild -eat" enterprises. 'L'tie impartial and reliable character of the information may be relied upon. The writer of these articles and the publisher Of anis paper have no interests to serve in connection with this matter other Mau those of the reader. The question of distribution of 'risk is One 'that few mortgage investors. bear' n mind. As .a rule, the averag4 investor has but limited means, and, 'therefore, cannot buy more : than a few Mortgages fit the most. These, too, are altogether likely to be in his own neighborhood. The result is that when a year like the present comes—severe drought in many places, perhaps causing a total failure of the crop in the particular district in „which one has been loaning—there is a very good chance that interest, at least, will not be forthcoming. It is hard, if not impossible, for a person of small ca- pital to got a suilicient number of small mortgages to enable him to distribute his risk properly. On the other hand, in the case of many bonds, one can buy denom- inations of $100 and upwards. The farmer who is willing to place a mortgage for so small a sum as that on his property in all probability is in sueh straitened cir- cumstances that the security is very •doubtful. Of course, in the case of a very large state the question of proper distribution 9f rink demands that a certain. proper - of the money involved be put into )ound mortgages. As pointed out last week, the fact that mortgages are saleable only' with difft- )ulty, is a, serious drawback in the case pf many investors. The reason for this le quite obvious. In the first place, mort- rages, that is, real estate mortgages, are risually made by private Individuals. They are not divisable, so that it is impossible for a purchaser to buy part of a mort- gage. in the case of a bond, on the contrary, the holder of a• thousand dol- lar Wm. Davies bond, for example, can divide it into ten bonds of $100 each, each of which is equally as secure as the whole, and it is issued by a company whose shareholders, in their desire for dividends, will see that its earning power is kept up, if at all .possible. Then the prospective purchaser of a mortgage will have to go to the expense of a careful search of the title of the property mort- gaged; he will have to go to the expense and trouble of having the property valu- ated, he will have to worry about the question of insurance. In short, it is no great wonder that mortgages cannot be sold for their face value. If, on the other hand, the seller of a mortgage has to pay all these expenses when the pur- chaser demands it, he is that much wore° off, as the expense adds to his loss. In the case of bonds all this trouble is obviated for the reason that the legality and security of a bond issue are, as a rule, carefully examined and passed upon once for all by one or more of the most skilled. lawyers in Canada, Except in the case of small municipal bond issues the issues are for large amounts and .are therefore_ generally so well known that there is no need 'for more than the mere statement that one.. wishes to sell In order, at most times, to find a ready pur- chaser. For the small private investor, then, there is no comparison between th9, two classes of securities. The writer will, of course, be accused of prejudiee against mortgages. That is quite true, but it is based on experi- ence. For, many years ago I loaned a small sum on a first mortgage. The amount was small and on ample security —residential property in a part of To- ronto . which was rapidly growing in po- pulation and value. It so happened that I found it necessary to get some ready cash for another and much more desir- able investment. I tried to sell the mort- gage. The first and only offer was for an amount equal to only 80 per cent. of its face value. As this meant a substantial loss of $200 out of every thousand, it was naturally not accepted. Finally, the other investment, which proved profitable to those who "got in on it," had to be passed by. The reason why large companies like insurance, mortgage and loan companies find mortgages so attractive is this: In the first place, they employ large staffs whose duties are so divided that all such Small, but important, details of a mort- gage as insurance, ete., are attended to This Food -Tonic Quickly Restores Strength After a serious fitness, ordinary food should , be supplemented by a strengthening tonic. For this purpose ' NA -DRU -00 Tasteless Cod Liver Oil Compound is recommended very highly. In its prepara-' tion the disagreeable flavor of the natural Cod Liver 011 is entirely removed, while its wolf known nourishing and tissue -building qualities are retained. Then we add Hypo,- phosphites ypo-phosphites to build up the nerves, Extract of Wild Cherry (for the Lungs and Bronchial Tubes), and Extract of Malt (a food itself) which aids in the assimilation of other foods. rIA- 0114.1 PC/ Children In particular enjoy the pleasant flavor of Na-Dru-Co Tasteless Cod Liver Oil Compound, and quickly regain health and strength .when Nature Is aided by this natural food -tonic. ?our Druggist has It In 50c. and $1.00 Bottles, National hitt and Chemical Co. of Canada, Limited. }0n EVERY AILMENT THERE'S A NA -DRU -CO SPECIFIC DEARING 1•H10 TRADE MARK. 0Gc THAT YOU GET14. 105 is part of the routine of the day's work. "hey can afford to employ their own )tilled valuators who do nothing else but ,ass on the security of mortgageopror. unities offered. them, Finally, their year - y incomes are so great and from. snob a tiversity of districts that if John Jones +nd, perhaps, a score of others find it Impossible to meet their interest pas" anents they are by no means worried— .hey let it rest for a season, when., in the asual course • of events it will be naught up. U sIess, therefore, you are willing to go. to a lot of trouble and worry, not only over making your original investment,. but in all the time it is current, it 13 best to avoid mortgages. Of course, many people have 'made money out of mortgages—but not in a way any elf• rspocting person would care to do. INVESTOR.. A TALK ON RHEUMATISM Tolling How to Cure This Painful 14Ia1aay. This article is for the man or wo- man -who suffers from rheumatism who wants to be cured, not merely relieved—but actually cured. The Most a rheumatic sufferer can hope for in rubbing soriiething on the tender, aching joint, is a little re- lief. .No lotion or liniment ever did or ever can make a cure. The rheumatic poison is rooted in the blood. Therefore, rheumatism can only be cured when this poisonous acid is driven out. of the blood. That's why rubbing and liniments and outward applications are no good—they can't reach the cause in the blood. Any doctor will tell you this is true. If you want something that will go right to the root of the trouble in the blood every time take Dr. Williams' Pink Pills. They make new, rich blood which drives out the poisonous acid and cures rheumatism to stay cured. This is a solemn truth which has been proved in thousands of cases, and the following is a striking instance. Mrs. W. H. Elnor, Sarnia, Ont., says : "I feel it my duty to recom- mend Dr. Williams' Pink Pills as they completely cured me of rheu- matism after I had been almost all invalid for three years. I doctored with two skillets doctors and took electric treatment, but without benefit. On going to a. third doctor he recommended mineral ,baths as the•only thing that; would help raq., After taking" `this treatment four, some time I felt that 1 was really growing worse instead of better, and I began to think there was no cure for me and that 1 was doomed to be a helpless sufferer. For some months I discontinued all treat- ment and then I was advised to try Dr. Williams' Pink Pills.. After taking a few boxes I could notice a distinct improvement, and I con- tinued taking the Pills for several months, when the cure was com- plete. That is some two years ago, and I have ever since been per- fectly free from the trouble. I would, therefore, advise anyone afflicted with rheumatism to take Dr. Williams' Pink Pills, as they certainly made a remarkable cure in rely case." These pills are sold by all medi- cine dealers or may be had by mail at 50 cents a box or six boxes for $2.50 from The Dr. Williams' Me- dicine Co., Brockville, Ont. IN THE PATH OF THE FIRE. An Incident of the Great Porcu- pine Conflagration. The great forest fires that raged in parts of the United States and Canada during the past summer were the cause not only of the loss of millions of dollars' worth of property, but of many lives. Part- icularly is this true of the fires that swept over the Porcupine mining region of Ontario. What such a fire means to those in its path is vividly described by Mr. L. F. Jones of New York, and reported in the Times of that city. 'I was getting my supper in the tent when the smoke became so thick that I could hardly breathe. I wrapped myself in a blanket, in- tending to await developments. Suddenly there was a cracking and a. whistling all about me,,'and 1 saw fire on all sides. I had only time to grab my knapsack, con- taining an ax, a knife and my blanket; then I ran for Pearl. Lake, which is about two miles long and a half. -mile wide, and a mile from my camp. 1 got there only a few minutes before the fire, which was sweeping all the smaller trees down like straws. I hurled my knapsack into the lake and got into the water up to my neck. My clothes were burned in many plaees where sparks had settled on them. Running toward the lake was a . t'D ! i ISE C N CONTAINS N C5 R4,LU M CONFORMS TO THE HIGH STANDARD OF GILLETT'S 00005. 11111011111111111111111101MINPRIII MAN 1111111M11111111 man whose eyes seemed like those of rs crazy man. He jumped right into the lake from the high bank, gun' and all trailing behind him, He maze .lip to me, and put his head (under my blanket. For a ey long` time he nothing, and I, coup:' sea that his face was burn- ed. When he became quieted, he told me teat his name was John- son, that he was a freelance pros- pector from Montreal, and that he had- almost been burned alive in his tent; He had brought nothing but his rifle and a belt of cartridges. Hardly two minutes after we were comfortably settled in ' the water, we were alarmed by seeing a big black bear looking down on us from the shore. What was worse, he kept coming straight to- ward us nor did he stop until all of his body except his eyes and nose, were under the water. He eyed us and we eyed him. I wanted Johnson to shoot him, but Johnson said that he didn't think his cartridges would fit the rifle, or even explode if they did fit. So we just stayed right where we were, only ten feet from the bear, which slid not. make a movement. It wasn't long before the lake about., us was a. regular menagerie. A bigmoose plunged in, and swam' all the way across the lake. Several small deer did the same thing, I never saw so many rab- bits in my life. They were drown- ed by ,the score, but those that re- mained near the edge of the lake were, safe. Then it : began. to get hot. The fire, liekked up every blade of grass to the: etv water's edge; If the at -been' see -thick' they wog 1 „eertxinly have fallen over into the lake and killed us. We were ahnost scorched to death, but we frequently put our heads and the blanket under the water, and thus kept as cool as possible. All the time the bear remained motionless, sh iply panting for life. We ceased to 'ear- him, and he cer- tainly didn't seem to mind us.. About one hundred ,yards from us, toward the center of the lake, were foul: men in canoes, . with all their camp equipment safely tuck- ed away. Suddenly one of the canoes -upset. We couldn't see what happened because of the ter- rible 1'{rnoke; but later we found out that the occupant of the canoe, a man named William Taylor, a squatter shoemaker, bad gone to the bottom. We were in the lake up to our zzeeks for just two hours. The bear, deer and rabbits left us when the fire had passed. On theway out to Golden City we found the bodies of seven dead prospectors. ,p. A haus* wedge for a bedroom window Which rattles, is a toilet comb. Put two er three thieknessee of paper round, and insert it be- tween'the sashes and the frames. PORED HIS BLOOD Car. Morse's Indian Root P6f1N Healer Mr. Wilson's Sores When the sewers of the body—bowels, kidneys attd skin ducts—get clogged up, the blood quickly becomes impure and frequently sores break out over the body. The way to heal them, as Mr. Richard Wilson, who lives near London, Ont., found, is to .purify the blood. Ile writes! "tor some time I had been in a low, depressed condition. My appetite left me and I soonbegan to suffer from indi- gestion. Quite a number of small sores and blotches formed all over my skin, I tried medicine for the blood and used many kindsof ointments, but without satisfactory results. What was wanted was 'a thorough cleansing of the blood, and I looked about in vain for some medi- cine that would accomplish this. At last Dr. Morse's Indian Root Pills were brought to my notice, and they are one of the most wonderful medicines X have ever known. My blood was purl - fled in a very short time, sores healed up, niy indigestion vanished. They always have a place in my home and are looked upon as the family remedy." Dr. Morse's Indian Root Pills cleanse the system thoroughly. Sold by all. dealers at 2,5e a box. 6. RENT BABIES FOR BAIT. Cingelese Women Get $2 a 'Week From Crocodile Hunters. That babies have an earning capacity in at least one country is made clear by this story from the current issue of "The American Traveller's Gazette" :—`A sailor who spent some years in Ceylon asserts that the (Jingalese mothers regularly hire out their babies as crocodile bait." These are his words: 'Baby bait is the only thing for crocodiles, and everybody uses it. You rent a baby down there for two shillings a day. Of course, no harm ever comes to the babies, or else the mothers wouldn't rent them. The babies are simply set on the soft mud bank of a crocodile stream and the hunter lies hid near them—a sure protection. The crocodile soon rises up. In he comes., agreedy look in his dull eyes, and then you open fire. Some Cinglese women make as much as $2 a week renting their babies for bait,' " THE WARNING OF FOOD EX- PERTS AGAINST THE USE, OF ALUM POWDERS. There are manp housewives that unthinkingly use alum baking -pow- ders in making biscuits; cake and pastry, when it would only take a little precaution to avoid doing so. Baking -powders that contain alum cause indigestion and nerve disorders. English food experts condemn alum as an injurious adul- terant unfit for a baking -powder in- gredient..; „If you are not careful you may be buying alum in your baking -powder and patting it in food. The way to be sure is to read the label on the' baking -powder, and if the ingredients are not plain- iy printed on it. refuse to accept it. A USE FOR ALL. "Did you knew that they can make shoes out of all kinds of skius V' "How about banana skins?" "They make slippers out of them." A Safe Pill for Sufferers.—There are pills that violently purge, and fill the stomach and intestines with pain. Parmelee's Vegetable Pills are mild and effective. They are purely vegetable, no mineral purga- tive entering into their composition and their effect is soothing and beneficial. Try then) and be con- vinced. Thousands can attest their great curative qualities because thousands owe their health and strength to timely use of the most excellent medicine. QUICK RECOVERY. "Mamma," said Johnny, "if you will let me go just this one time I won't ask for anything to eat." "All right " said his mother. "Get your hat." Johnny. perched on the edge of a big chair, became restless as savory odors came from the region of the kitchen. At last he blurted out: "There's lots of pie and cake in this house." The admonishing face of his )po- ther recalled his promise, and he added: "But what's that to mei" WRONG DIAGNOSIS. His Physician—Young man, if you don't quit drinking you'll .ruin your digestion. The Young Man—Doctor, it's my ruined digestion that has driven me to drink. SO NEAR AND YET— I was very near to proposing to Miss Mayhelle last night." "Why didn't you V' "Because the had such away look." a far - A single man is seldom as good as his sweetheart thinks he is, or a married man as bad as his wife sus- pects he is. FROM MERRY 0101NRIAtWD NEWS BY, IIAIL ABOUT JOHN BULL 'AND .HIS PEOPLE. Reigns Supreme in the Com., Occurrences in the Laud That nlercial World. London's underground tubes have; a total length. of 145 miles: The value, ,of pictures in the-Na- tional heNa- tional Gailery is about $13,250,000. `here are 500 negro seamen in i,ardiff out of employment and de- • s titute. Up till September 21st of this year 116,000 British emigrants have gone to. Canada.. New hay was sold for $30 per ton at Biddlesden (Bucks); five ricks realizing $2,483. At an inquest at Poplar three witnesses and asolicitor all gave the name of .Macdonald. :After 230 years' continuous ser- vice, St. Agnes' Lighthouse, the oldest lighthouse in the world, has been finally closed down. It is expected that the claims for compensation arising out of • the recent anti-Jewish riots in. Mote mouthshire will total $50,000. Lieutenant R. A. Cammell, once of the most experienced army air men, fell 'from a height of ninety. feet at Hendon. and was killed. A woman asked at Brentford for a summons against her husband because he would persist in sing- ing loudly for hours early every. morning. Several London firms have in- creased the price of house coal by sixpence a ton. A general rise is anticipated in consequence of a shortage in supply. A statue of Cecil Rhodes has been placed in a central position in a niche of the facade of the new building of Oriel College, Oxford, facing the High street. Grown at Epsom Rural District Council's sewage works at Cobham (Surrey), a crop of peppermint has just been harvested and distilled, yielding 130 pounds of oil. Set alight by sparks from a pass- im traction engine, some 60 acres of Wisley Common, one of the most picturesque spots in Surrey, be- tween Cobham and Ripley, have been destroyed by fire. Mr. G. R. Askwith, of the Board of Trade, so well known as the peaceful intermediary in industrial disputes, was received by the Icing, at Balmoral Castle recently .and made a. Knight Commander of the Order of the Bath. So numerous were the fish in the lake at Blister Hall, Braintree, Essex, belonging to Mr. Cecil Se- bay-Montefrole, that the lake has been drained and one and a half ton of superfluous roach and•bream removed and placed in streams in the neighborhood. The Metropolitan Drinking Fountain and Cattle Trough As- sociation makes an appeal for aid in supplying human beings and animals with water by means of fountains and troughs. The as- sociation has during the last fifty. years erected 921 fountains and 1,657 troughs. Miss Adelaide Pauline Irby, an English woman who played a prom- inent part in. the struggle for Ser- vian independence in 1876, has died at Sarajevo, Bosnia, in her seventy-eighth year, and left $100,- 000 to Servian philanthrouic in- stitutions. At A.pethorpe Hall, two of the Marquis of Exeter's fox hounds started fighting during the night. When blood was drawn, the smell aroused the killing instincts of all the hounds, the whole pack turn- ing on the bleeding dog --a very valuable animal—so severely biting and tearing it that death ensued. Choir boys at Burnley went on strike recently in consequence of an innovation at the churches by- the ythe augmentation of the theirs by female voices. The choir boys the previous week failed to turn up, and a. notice pinned in the vestry notified that they had gone on strike. They have now bceu lock- ed out. Bishop Goodman was one clay ad- dressing a. Sunday school when he said, in a most expressive way : "And now, children, let me tell you a very sad fact. In Africa there are 10,000,000 square miles of terri- tory without a single Sunday school where little boys and girls can spend their Sundays. Now, what should we all try and save up our money to do 1" And the class, as one voice, replied in ecstatic. union; "Go to Africa!" New flour absorbs all odors, so keep it closely covered.