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HomeMy WebLinkAboutThe Herald, 1911-12-08, Page 7sul eel oek trio FOI ,Ole th tad ,IN an sin tin VEI ea Lrbc pra Dgu Las son out( IBL Balt Ix We 1 thus te t LIC 16U( pont tine( in a rpa rt d ahs ,oar kY astir to -dr clr, NCREAS : IN .TEA Tti7-3 S N5 RACES The ever-increasing consumption of tea throughout the world. •--particularly of British Grown Tea—has created at demand =eh :greater than the supply, which, among other causes, prevents really good tea being 'sold at former low prices; Russia and Australia aro buying tremendously of B,xitish ;grown teas in place of China teas, and the consumption in Great Britain is larger than aver. The shutting out of over 15 million pounds of colored Cltina 'Green Tea by the United States Government, the increased use -of tea duo to Higher prices of coffee, the greater acreage given.' over to the planting of rubber in Ceylon, the shortage in the , Japan crop this year and the labor problem in all tea -growing ' • countries �,re all factors which account for the much hrgher. - 1 �r1 - mary markets. The 'present revolution in China may also mean much smaller crops there next year and present indications are for still higher prices in the future. All these conditioxis either mean a lower quality at the same prices, or the same quality at higher prices. Our experience shows that tho tea drinking public prefers the latter. "HONEST TEA I5 THE BEST POLICY" Thomas J. Li glen, Toronto, onto ,te SAFE INVESTMENTS known. One can carefully scan the lists ENTS ample, railroad bonds are practically nil. plYp of bond dealers' offerings and the ad- (0, d- vertisements in the flnanoial press with- out seeing any railway bonds offered, for sale. In the States, on the contrary, they stand first in the estimation of conser- vative investors. And after railroad mortgage bonds come railway equipment bonds. 'In Canada, investors often have opportunities to invest iu railroad equip- ment bonds, but as a rule these are eagerly taken in large amounts else- where, and so' Canadians cannot give these the position in their scheme of in- vesting that they deserve. As a result, they must fall well down in rank of re- lative popularity, coming after indus- trials, and even real estate mortgages and investment stocks, not in -security, of course, but only in popularity. And so, as we are treating these se- curities in accordance with their rela- tive popularity and not according to their relative merits, we come now to the stndy of industrial bonds. "Industrial" bonds aro bonds secured by mortgage of some manufacturing, mercantile or miseellano• ons company of a private character. The consideration of an industrial bond as an investment from the point of view of safety Involves a more thorough invest(= 'tsiiAIDUSTRIAL BONDS BETTER THAN REAL ESTATE MORTGAGES -IF VALUE OF LAND IS SUFFICIENT. Must be in Excess of Bonds, However, to Make this True—"Industrials" Form a Popular Investment in Canada Where Railroad Bonds aro Practically Un• known. The articles contributed by "Inventor" are for the sole purpose of guiding pros - maitre investors, and, if possible of sac. ing them from losing money Uirnus:h ;Blueing it in "wild -cat" ,nterprises. The mpartial and reliable character of the nformation may be relied upon. The �rttvvriter of these articles and the publisher (of this paper have no interests to serve 3n connection with this matter other than those of the reader. (By Investor., The relative popularity of investments tin Canada differs very materially from 'that in the 'United States. %fere, for ex- to t, CO oct,. iebe eM rr Stop starving yourself—stop suffering the pangs of indigestion—stop worrying about what you dare and dare not eat. Eat hearty meals of wholesome food, take their ,,ling quo - M. be to be ret co, vas ce zer and you'll feel like a new person. Sour stomach—heartburn— occasional indigestion — chronic dyspepsia — all yield quickly to o ? NA -DRU -CO Dyspepsia Tablets. The properly digested food restores your strength, your stomach regains its tone, and soon requires no further aid. 50c. a box. If your druggist has not stocked them yet send 50c. and we will mail them. 37 NATIONAL DRUG AND CHEMICAL CO. OF CANADA LIMITED, MONTREAL. ma vs th fo it i ,nazi Ill E�. ,i, n Christmas ri g as on any other. winter day, you can .make your home more comfortable and cheery by using a Perfection Smoke- less Heater. fSiM O cistmas •.• Its genial warmth is quickly at your service, ready for use in any emergency. You will need it as a supplementary heater when those extra cold spells come. Later you will find it just the thing for the changeable weather of early spring. roe,;„; 014 , ,,, t; :;,; ,,,, ;w. .. The Perfection Heater is light and easily carried. It is safe in the hands of " a child — the safest and most reliable heater made. Drums finished either in blue enamel or plain sted, with nickel trimmings—an ornament to anygroom. •. raw '' " A special automatic device makes smoking impossible, All parts easily ticaned. Gallon font; burns nine hours, Cool handle ; damper top. or Dealers everywhere or write for descriptive circular to any agency of ", Qua. City Oil Company, Limited ;rets,,; yiyi:l Sete e. sits:;rl;�dPt, • gallon than that of a municipal, The safety 'depends, of cenrse, en the success' of Cho security on which the mortgage,, is bated, over the amount of the 04t - standing obligations,' But this margin is by no means easy to determine, liven when determined," says a writer on 'this subject, "the rale is difficult of an lien- tips, because a margin which may seem iusufiicient from the paint of view of phy- sieal valuation, may be .satisfactory whca oonsidered as the equity of a working concern." That is to say, the "good, ,will of an active business, ,while it should not be reckoned as a proper security for a mortgage, nisy be of sufbcieat vnluo', to render the bonds amply safe when the good -will stands as a marginal security. Then, , too,machinery is valuable . only *here it is being used. A negative ex, ample of this may be seen in the un. fortunate position of the bondholders ct the Amalgamated .asbestos Corporation. This company—primarily a mining con cern, but with many points in common with the ordinary industrial --has valu- able properties and good machinery; but' its business is one in which "good-wtil —i.e., business connection, satisfied pus- Comers, etc.—counts for little, Couee. quently, when the demand for asbestos products fell off the corporation was tin. able to sell its output in the face of competition,, most of its customers' pre- ferring, apparently. to buy from a'lly other company than the so-called "trash Ilad it had a "good -will" worthy the name it might have tided over the dull times in the asbestos trade: It must be borne in mind, however, that good -will is not a proper security for a bond, 'bat is valuable only as an "equity." In estimating the safetx of industrial bonds the most easily estimated asset is its real estate. The first paint, therefore, to ,be determined is the value of the com- pany's real estate holdings, on' which, of course, the bond is a first mortgage Should, as is sometimes the case, the value of the real estate -exclusive of buildings—equal or exceed the amount of the mortgage the security is ample, and the bond has all the good features of a real estate mortgage, fYith none of its drawbaelcs. Of course, any first-class banking house handling an industrial issue will not base this determination on the cost of the land or the value at which it stands in the company's books. It is only the appraised value which is of any importance. For example, the property and plant of the Amalgamated Asbestos Corporation stood on the books last year at $17,000,000. Let us say that the plant took tip $7,000,000—au, excessive.fiisur', f coins°. We have $10,000,000 for the pro• porty to stand behind a bond issue of $7,500,000. But the $10,000,000 mai repre sent the PAR VALUE of securities paid for the property at the time of CO amalgamation, while those may have been given at a value of only 50 cents on the dollar.. In this way the actual cosi'. of the property may bo only $5,000,000., whereas the real worth of the property as determined by appraised value may be much less than even this amount. If; then, the appraised value of real estate is less than the mortgage the investor must consider several other factors. RELIEVED HIM. "I say, old man, I need $50 bad- ly and haven't the least idea where 1 can get it•" "Glad to hear that. I thought perhaps you had an idea you 'could borrow it from me." If Your Baby Is. Sick Give Baby's Own Tablets. The little ills of babyhood and childhood should be treated promptly, or they may prove seri- ous. An occasional dose of Baby's Own Tablets will regulate the 'sto- ma,ch and bowels and keep your little ones well. Or they will promptly restore health if sickness comes unexpectedly. Mrs. Lenora M. Thompson, Oil ' Springs, Ont., says :--"I have used Baby's Own Tablets for my little girls as occa- sion required, and have found them always of the greatest help. No mother, in my opinion, should be without the Tablets." Sold by medicine dealers or by mail at 25 cents a box from The Dr. Williams' Medicine Co., Brockville, Ont. DESSERTS. Coffee Pontea.--A simple dessert and a, most excellent one is made with one cup rich cream, one up sugar, one-half cup strong coffee; have cream and coffee chilled, add sugar, whip stiff. Pour, in mold, pack in snow, and salt or ice fer several hours. Banana Royal.—Take one pint of cream, three well beaten eggs, .one cup of sugar, and one teaspoon. vanilla. Stir thoroughly and freeze for twenty minutes, then divide in- to six parts. Take six small ba- nanas and cut them lengthwise d lay two halves on 'eae l 'dish; add preserved fruits Cs' sl III), 6. en te. .4 t�r''1+�3 �Si7.e1MWJ'ir p044sURt3 PERFECT BAKING RESULTS CONTAINS NO ALUs MADE IN CANADA 4110PI IP 11 111 filYflliilli]1ErMOXICealiEsTin 201 IC k 111.E ISI IUIII ilfm[I f l t i tri r4'a 14�'AY�i:h,T'•S"e�h. �.R7.:n:ut.cf,F f( mSk^•. tlf amareaa. lvtr.as sess"a.CJ egg stiff, pour the syrup on in•smal; 11 stream, beating hard at the time. !Beat until almost cool, then droa lin little cakes en buttered plate. Kneaded hedge.—Two cups of granulated sugar, one cup of milk 1s or cream, two tablespoons of Brat• ed chocolate, butter the size of an 'WINTER HEALTH. A. person who says, "I am never seswell in the winter as I am in the summer," is very likely to use the tone of one who states a natural law, which must be accepted with- out question of struggle. The fact of 'poor health in winter is. unfortu- nately common with many persons; the question is, Need it be'? No' doubt more common sense a, a. more self-control is needed to colhmand health through the win- ter months. The reasons are obvi- lua. In the summer the most in- veterate house -dweller ie driven in- to the ;open air ; the hungriest meat - cater calls for fruit and salads ; the Stuffiest, sleeper throws open the bedroom windows. The conditions forced on all of us are, with the exception: of extreme "humid heat; the''' conditions that mean health. The result is that many persons wh are generally below the level of • heir best health are at the high- until it strings, pour over corn, est point of physical efficiency ;n stir well, let cool a little, dip hands Se tembeir and: October, after their fere months •of . enfonned healthful, living. • From that time one with the,\.closing of doors and windows, andl,the resumption of heavy meals, the, Slip clown -hill again. have no especial theory egg, a 10 cent box of marshmallows. Put these in when fudge is boiling Test the fudge in a eup of cold water and when it forms a ball, take off fire and beat hard until it is thick enough to take into your buttered hands and knead. After kneading put in a buttered dish and eut in squares. Crisp Popcorn.—To keep pop- corn crisp when already buttered, keep it in the warming oven of a range. Pop a large quantity at a time, then put some aside in a crock and in two weeks it may be placed in a moderate oven and heated, then buttered, when it be- comes more delicious than when first popped. Popcorn Balls.—Pop cern and select earefully all the best part; make syrup with one pound of light brown sugar, one-half cup of water, one-half cup of. vinegar. Let boil s e 'umnter regime--; it• rs .onlythat they do what nature fore - 'a_� exeto do. Their theories as to, t e. winter regime, on the other hon, gave both many and strange. An rtreine terror .of drafts and d. ;milfeet is offset by a callous in- diffeOnce to stuffy sleeping -rooms and reeking' public places. Many peopll `pass through the entire win- ter in air unfit to breathe, if the short:;Iieriods of time during which they ,are unwillingly outdoors in goingfrom one building to another are e ,cepted. Each cold is prompt- ly 1ai(1 to the account of these brief journeys—never to bad indoor air, overeating and lack of proper ex- ere,r.c� - 'taking wet feet is very easily avoid by persons who do not wish to heave them. At the same time, wet et cannot create grippe un- less the grippe germ is there to work-i,with; a,ad perfectly well per- sons ;are germ -proof persons. That is the goal of all hygienic struggle —to he germ -proof. As to' drafts, they are the most wholesome of things for those per- sons .Who have educated their bod- ies to them; and since they are unavoidable in a world like this, the Shorter a man educates himself to them, the .better, although that does not mean that he ehnukl search for drafts- to sit in. When a per- son feels a shrinking from a draft, it is because at that particular mo- ment .he is not in a condition to stuncl,<}t, acid nature is giving him a lint' to move on.—Youth's Com- panioli, 'CONFECTIONERY. Sea '£I`oam.-Use two cups of best brown sugar, put enough water on to melt sugar, boil 'until it can be made in soft ball; beat white of an in cold water, and make balls quickly.. WORKS WITHOUT FAITH Faith (.'anti After the Works Had CARER& WONDBII1S. Used As an Md in Uncovering l'ivi- dYenCeS Oi im'. It is a w•ell•-knownCrfact that the photographie plate is much ' more sensitive:'to. certain distinctions iii color, than .,)•he`human eye, says the gaientific 'American. This remark- able property has found extended and important use in the tracking of criminals. Professor R. A. Reiss has published an account of a large number of examples of mosit striking character, :a brief review of which appears in a recent num• ber of Die CJmschau, .and is cited below : "A handkerchief which has been washed with soap is to be examined as to any possible rble tba es of blood: The linen appears uniformlywhite' Without any stains. A cemical examination in such a case would be quite unavailing, as there is no information at all as to where the stains may be located. A photo- graphic copy of the handkerchief taken through a dark blue light filter shows distinct stains, which are then cut out from the linen and separately tested by a special method which 'establishes their true character. '-'In another case • a search through the living apartment of a person suspected of forging- 100 franc notes, disclosed tee presence of a. number of lithographic stones, the surface of which had been fresh - cover. All efforts, aided by the context, to recall the character of the picture, proved fruitless, and the only resource left open was to '~ endeavor to reconstruct by photo- graphic means the vanished picture from any impression which it might have left upon the tissue paper cov- er. This task was accomplished with complete success by alzi6`id- graphing through a blue filter and reinforcing the contrasts by the successive perforations of positive and negative copies. This resort was rendered possible through the fact that the grease of the printers ink had been partially absorbed by the tissue paper, and lad, by oxida- tion, imparted to the same a slight yellow coloration quite invisible to the eye. The engraving was later ly scraped and polished. The or- dinary methods for bringing out old drawings upon lithographic stones yielded an entirely negative result. It was only by photographing the slab after special chemical treat- ment, that the pattern of the bank_., notes was disclosed. Among these ..I,:tial.the 'Foundations ----. , was rh •i hftSir`°nferisshey,t �ne less than twenty yeas "While a eoffee drinker I was a ly i^ � sufferer from indigestion and in- tensely painful nervous headaches. from Childhood. (Tea contains caf- feine—the same drug fau.tcl in cof- fee.) "Seven years .ago my : d;allh gave out entirely. • 1 grew so weak that the exertion of walking, if r.aly a few feet, made it necessary for me to lie .clown. My friend thought I was marked for consumption— weak, thin and pale. "I realized the danger I was in and tried faithfully to get relief from medicines, till, at last, after having employed all kinds of drugs, the doctor acknowledged that he did not believe it was in his power to cure me. "While in this condition a friend revious 'At one of the public libraries it was discovered that a. copper en- graving had been abstracted. The thief had, however, omitted to re- move the protecting tissue paper discovered in the thief's possession. "The examination of a drowned woman by photography disclosed distinct evidence of strangulation marks which were absolutely in- visible to the naked eye. On the basis of this evidence it was sub- sequently ,established that the drowned person had been thrown into the water after- a previous struggle: "Among other instances of the use of photography to detect crime or unravel mysteries may be brief- ly mentioned the discovery of the traces from pencil characters upon induced me to quit coffee and try paper over which actual writing Postum, and 1 did .so without the I paper had lain during the act o least hope that it would ,do me any' writing ; the detection of past - good. I did not like it at first, but when it was properly made I found Postum was a most delicious and rcfreshiog beverage. I am especi- ally fond of it served at dinner ice- cold, with cream. "In a month's time I began to improve, and in a few weeks my in- digestion ceased to trouble me, and my headache stopped entirely. I am so 'perfectly well now that I do not look like the same person, and I have so gained in flesh that I am 15 pounds heavier than ever before. "This is what Postum has done for me. 1 still use it and shall al- ways do so." Name given by Ca- nadian Postum Co, Windsor, On- tario. "There's a reason," and it is ex - pained in the little book, "The Road to Wellville," in pkgs. Ever read the above lettere A new one appears from time to; time. They are genuine, tale and full of human interest. z .. TA.T INCREASE IN VALUE al When the demand' increases for a bond of a certain denomination, the price goes ttp. A new issue of 5 per cent. bonds may be made which will sell at $98, on which basis they would yield 5.o5 per cent. Future demand for these bonds would probably force them up to $105. The original purchasers could then sell at e profit and re -invest the funds. 41 We will beglad to place your name on our mailing list and advise you when neW :issues of bonds are made. T tis will keep yoti;in teach with the Bond Market, which is unquestionably the IBM your investments should take if you value security and a high rate of intdrest. S—F" CURITIES CORPORATION l-, l M l TE•D DA*, OF MONTREAL BUB -DING YbWGE ANI) QUEEN ', gE Ts d: R. ret, WHITE TORONTO fvt„eagar MONTRrAL. U'uaasc-HALIF5 . ;O marks upon postage stamps chem- ically treated to renovate them ; the development into visible form of previously invisible ink impres- sions ; the detection of fraudulent tampering with sealed mail matter' the regeneration of the text of charred documents, etc." THE TURKISH. ARIIIY. 1,000,000 Men Could be Placed in Elio Field. Every Mohammedan subject in Turkey is liable to service and re-, plains liable for twenty-five years. At 21 the young Turk enters the - active army the Nizam, and re- mains in it for three years. 1 -le must then serve six years in the re- serve, ealled the Tchtrad, and after this he, remains nine years in. the Army R,eserve, called the Redif, which resembles the .German Lard- wehr. This reserve has a second line called the Mustafis, in which the citizen liable to serve is finally enrolled. Every year produces about 100,- 000 men liable to service and Ch numbero n^^ w .V•> eztrolled oafs reic- emits. The remainder, that is to say the least effective, are given drill, and they may perhaps be com- pared with the extra reservists of the first class in Germany. They finally find their way into the Redif. Altogether Turkey can place a milion men in the field, and as fir as .material is concerned, German officers who have instrtioted Turk- ish troops declare that there is not an army in the world that would .not rejoice to get such men;-' Frankforter Zeitung. ;Star{ .;. e _ • un