t jenerated on 8 miles away, by Dompany, and Jow" i 1s the reason for the failu 'of the officials power, caused, he oom] onguin Park, where the head waters and ¢ of Bouth River are claimed that beav- back water which should supply the 'power company, hat not enough is 'to supply the donnd ry water is general this 'and the busy beavers, with 6," make a bad situation A y the law forbids inter- the beavers the com- helpless, and is applying "Ontario, Government for 'special permission to destroy the 'beaver dams and allow tte water to reach the. power Jlant. Unless something is speedily done, North Bay, 'Callendar; and Powassan will not onl be to return to candles, but industries will be severely af- fected 'by the power being cut of. i Shusin following ' & session of the | Cabinet, at which the Turkish reply '| Office. says that Turkey's reply to, 1 | Italy's ultimatum is not peremp- i { | 18 3 ' | p NAA TRH HON 7 3 od Ba on peSaxa BCE 2 TE ¥ brtcesd of dati, 1 aa Tos 4 oo Grats, Cheese and. Other Produce at Home and Abroad, Toronto, Oct. I= Winter whaat, 0, per cent. patents, Sih Montreal' freight. Manitob ure--F Patents, $5.30; second patents, $480, rig strong bakers', $4.60, on track, Toronto, Manitoba Wheat--New No. 1 Northern, $1.05, Bay ports; No, 2 Northern, Lo snd No, 3, $1.02, Bay ports. | ©} Ontario Wheat--No. mixed, new, 85 to. 86c, outside. eas--Gpod milling peas, 98 to 9c out e. Oats--Ontario oats quiet dnd steady, with No. 8 quoted at 41 to 42, outside. < and* No,.3 at 4o., No. 2 Western Can- sda, 45c, and No. 3, #o, Bay ports. Barley--No. ¢ is probably worth ¥éo. sutaide: d Corn--No. 2 American Seilow quoted at 012c, Bay ports, Rye--Car lots outside, Tie west." and 170 mst. Buckwhieat--No. 2 'at' 64 to, bo, outside. Bran--Manitoba 'bran- is 'quoted at $23 lo $23.60, in bags, Toronto freight. Shorts. 1 . Mpg a COUNTRY PRODUCE. Beans--Simiall lots" of hand-pickéd quot nd at. 82.30 per bushel, . ner Exttastad. tn Nok id 16 'per B Btraw=45 10 in track, To- |' Potatoss--Osr lots, in hag,' at 900! Poultry--Prices of dressed poultry in quantities :~Chickens; nd "ger 1b.; fowl #1 to 1%; ducks, 13c; ¢ s, 8c. Live poultry, about fo' Tower | the above. SUTTER, Hog8, GEES. Butter--Dalry prints, 81 to 230; infer. for, 16 to 17e. Creamery. quoted at B6 to He par 1h. for olla, and 88.58 vo He fot 2 white, red of | % UNITED STATES MARKETS, Buffalo, Oct. 3.--8pring wheat--No. 1 Basler" Maltine, sis, to Kis ol Minneapolls, Oct. 3--Wheab_September, 81.0512; December, $1.0734; May, $1.1134; No. 1 hard, $1.0834; No. 1 Northern, $1. 3 0714 to $1.081-4; No. 2 Northern, $1.0334 To 81.0614; No. 3 wheat, 954 to 81.0134. Corn--No. 3 yellow, 67 to 671-20. Oats -- No. 3 white, 45 1:20. Rye--No. 2, 9012 $340, to Sta, a $2. Flourfirst patents, $6.30. to $5.60; 'second patents, $4.- 90 to $5.20; first clears, $3.50 to $4.70; sec- ond clears, $2.70 to $3.10. .LIVE STOOK MARKETS. Montreal, Oct. 3.--North-West cattle, $5.50. to $5.70; np choice Eastern steers; good steers, one lot sold at $5.25 to $6.50; fair, $4.76 to $5. Bulls are of slightly bet- ter quality, and for heavy bulls $3.50 was asked, but only $3 to $3.25 bid; light bulls, $2.50 to $3.75; cows, mo good cows om of- fer; demand poor; poor to medium, $4.50 to 84.75; canners, $2.80 to $3.25. One load of heifers sold by ome shipper tor 85. Milkers, $25 to $70; Bpringers, $40 $0: G6 each. Select hogs, 86.75; underwsights (under 140 pounds), $6.60; sows $5.25; stags, 83.75 per owt., off cars. PCy Toronto, Oct. 3.~The ' general rum of medium' butcher 'steady at $5.50 to. $5.80, and common mixed at $3.75 to $4.50. Oows, easier 'at $4.35 10 $4.80; extra choles,' 85; bulls, $3.50 fo '$5; canners, $1.50 to $8.75. Feeders, choice steers, 850 to 1,050 pounds, $5 to $5.25; good heifers, $4.50 to 84.85; bulls, $3.60 to $4. Sheep market easiery "| en ewes, $3.50 to $4; heavy, $3 to $3.35; baéks, $3. Lam! ; market. easier at | 4] w Calves, $350 to 88, Hogs, mar. | xet weak, with Drogpects lower. letters of a som y DEATH REVEALS DUAL LIFE. 'St. Louis Lawyer er Fled From Can. ada Twenty Years Ago.:' A Hospi from 8t. Louis, Mo., Bays: remarkable story of the hidden life of James M, Sutherland .| to enter, n at 2.30 'on *Fridey "afters to Italy's ultimatum' was read. An official statement from the Foreign tory as was demanded; but is eva: sive and dilatory. In consequence of that fact the Government de- clared war against Turkey. After the reception of the Turkish reply there was a conference between the Premier and the Foreign Minister 'and the Cabinet. It was decided to occupy Tripoli without delay. The Turkish Charge d-Affaires_has received his passports to the fron- tier and started for home on Fri- day evening, Ls REFUSED TO SURRENDER. A despatch from Tripoli says: The Italian destroyer that entered the port under the white flag. this afternoon brought a summons for the surrender of the Turkish gar- rison, The Turkish authorities re- fused. All Turopeans have taken refuge in the Italian Consulate, and are awaiting the first shot. The Italian colony- is preparing fof de- fence. As soon as the ultimatum was' delivered' to the Turkish Gov- ernment the Italian fleet established a blockade off the coast of Tripoli, and no Turkish steamer is now able The present mission of the fleet is to prepare everything for land- ing the Army Corps, which js com- manded by General Caneva. If the Ttalian subjects are molested by Turkey the fleet will extend its area of operations. If the Turkish war- ships Italian squadron will be sent to deal with it immediately. No gis- embarkation of sailors and ma: at Tripoli is to be expetted, p the force would not be sufficient to sustain an attack by the garrison of Tripoli. The ' Turkish fortifications are armed only with small calibre Krupp guns, and cannot injure the Italian warships, which will be able to destroy the forts without difficul- ty. The cruisers Marco Polo and Vetter Pisani left Taranto with the squadron of torpedo boats and de- stroyers under the command of the Duke of Abruzzi. General Caneva, with the expeditionary forces, will be accompanied by General Bricola and the Count Giraldi. The first force is made up of 25,000 men. There will be 40,000 men altogether when the entire force is landed. nts are departing daily from the chief Italian towns for Paler- mo, Naples, Brindisi, Syracuse, Catania, Taranto, Genea Acona and Venice, where they will embark aboard transports. The force will be established at Tripoli by Oct. 10. Old ships, with ammunition, guns, and telegraphic apparatus, will follow the transports. Aero- poli, and Marese. In addition there, 'have gone ashore in the Gulf of Arta. 'noon, but the Turks succeeded in attempt action a strong] 1, planes and: probably o other airships wi be despatched The warships blockading Tripoli are the Pisa, Amalfi, Sardegna, Nas 'are six desfroyens;-- TURKISH SHIPS DAMAGED. A despatch from Paris says! The Matin's Athens correspondent, says'the telegraph official at Von- itza, Greece, wires to the Govern- ment that a naval battle occurred oft Prevesa at 2 o'clock on Friday afternoon. Italian warships belong- ing to the Ionian squadron encoua- tered a flotilla of Turkish destroy- ers cruiding off the coast of Epirus. The Italians promptly attacked the flotilla, and two Turkish ships were badly damaged by shells. They Prevesa is the southernmost point of Albania. The object of Italy is evidently to encourage the revolt of Albania, which is smarting under the recent cruelties practised by the Turkish General during the rising. -- FIGHTING AT TRIPOLI. A despatch from Constantinople says: The Turkish War Ministry, according to. the reports current here on Friday night, has received a despatch from the late Turkish Military Attache at Paris, who has assumed command of the forces at Tripoli, stating that the Italians began to disembark Friday after- sinking the first two barges. It is rumored also that Italian forces have landed both at Tripoli and Benghazi. INSULTED ITALIAN FLAG. A despatch from Salonica Bays: mmense crowds gathered before the Italian Consulate here on Bat< urday night. The Governor of the town and the Director of Police tore down the flagstaffi and the Italian arms, which they trampled under foot to the accompaniment of angry howls and the vilest epithets. The Italian Consul and Vice-Consul surveyed the scene from the steps of the Consulate, courageously run- ning the risk of at any moment fal- ling victims to the bullets of some fanatical Mussulman. The Italian postoffice and other establishments afterwards receiver similar treat- ment. Grave news has been received from Albania, where the authori-] ties are apprehensive of untoward developments. La... BOMBARDED RESCHADIE. A despatch from Constantinople says: It is announced from Janina that two Italian warships on BSat- urday bombarded the port of Res- chadie and torpedo boats lying in that harbor, one of which was dam- aged and landed its crew. The Italian ships entered the port and shelled the town, several houses be- ing struck. After taking soundings they left and later entered Port Musto, taking the Captain of the port and three boatmen prisoners. HUNDREDS MEET DEATH Dam 'Bursts at Austin, Penn, and Practi- ally Destroys the Town. A despatch 'rom Austin, Penn. A nesday. Grief over a charge on nd | supposed to_have 'led them to sui- M cide.i © wreckage of the busiest portion of the town was carried to that point and from upset stoves and lamps caught fire. It is believed that scores of persons are buried under from ten to twenty feet of wreck- age there, 'and the *ask of recov- ering them will necessarily be a difficult one. I MOTHER AND SON DIE. Because Latter "Was Charged With Crime, Causing Heart Break. A despatoh from East Brookfield, Mass., says: Bound together by stra; 8 Shon 4 thats wrists, the bodiex' uy Lace, and her son, itchburg, were PE ke Ng Pelvis on' Wed- which the son had heen arrested is Mrs. Lacey was 53 years old son 30. Ay for RUSSIA'S' NAVY. and Doan on Thursday, wa for an expenditure of $82,108,078, an increase of $87,979,778 over 1911. § Ji REINDEER FOR FAR NORTH Smith Arrives Shipment From Newfoundland to Fort, at Edmonton. A despatch from Edmonton says: Three carloads of reindeer from northern Newfoundland arrived in Edmonton on Wednesday on the Canadian Northern Railway from the east. There were 43 reindeer in three cars, and a fourth car was stocked with 'reindeer food, 'moss and grass. The Department of the Interior has planned to stock the district of Mackenzie, and the ani- mals are to be used for carrying purposes in long reaches of the north in place of dogs. The coa- signment of reindeer left Newfound- land Sept. 8, and passed through Quebec on Sept. 18 to reach Id. monton a week later. The reindeer will be taken by rail as far as Stony Creek, sixty miles north of Edmons, ton, and from that point they will be taken overland to 'Athabasca Landing. Some that have been well broken will be led and the others will be conveyed in waggons. AY Athabasca Landing the animals willl be placed in scows and floated down the Athabasca River to Fort Smith, which is their destination. They will have travelled fully five thou sand miles by the time their journey is at an end. MAKING SAFE INVESTMENTS HOW THE PRICE OF MONEY AFFECTS PRICE OF SECURITIES. In Cood Times and in Bad Times How the Future of the Investment Market Is Tending--Offset by Easy Money Con- ditions In London. The articles contributed by "Investor" are for the sole purpose of guiding pros- eotive investors, and, if possible of sav. ng them from losing money thirongh placing it in "wild-cat" .uterprises. The impartial and reliable character of the information may be relied upon. The writer of these articles and the publisher of this paper have no interests to serve in connection with this matter other than those of the reader. The other day an investor asked the writer if the present was a good time to buy securities. This was a very simple question to ask, but rather a large order to answer. It involved carefully scrutin. izing the influcnces controlling the price movements of securities, comparing them with conditions in the past and forecast- ing the future. This is a most important question in connection with the investing of money, and almost absolutely easen- tial to successful speculation. Of course in investment a man need not estimato the future of general conditions in order to insure a steady income aud safety. But by so doing he can occas jonally quite easily choose a time when he can got a better rate of income with equal security, or even the same security at a lower cost than at some other not remote time, ana go it is quite worth while to attempt this, for while failure to do so correctly involves the speculator in difficulties it merely affects the in- vestor by causing him some disgust at not waiting longer, or at not purchasing sooner. Of course, the true investor need not worry over this feature, but even if you shoold intend never to sell your investment, it is always a source of sat- isfaction tv realize that you bought it at a lower price than it would bring at present. There are two things that affect the market for megotiable securities--that ls securities which are readily bought and sold. One iw the loaning price of money, and the other is the general condition of business. Bometimes these work together, sometaanes in opposition. When working together their power is irresistable. Usu- ally, however, thay are in opposition; money generally being low when busi. ness is bad and high when business is The effect of these eonditions is this. When money rates are low aud business bad and' likely to get worse, high-grade bonds such as good municipal debentures will advance. 'The rewson is, of eourse, that municipal bonds wre practically un- d by ad i conditions and, therefore, their price is influvnced almost entirely by the money market. 'When money is cheap. that is loaning at 312 and 'four per ogni on good security in Oanada--is-has been many years since this occurred, and will probably be many mgFe before We'sos 1 SEain=bonds yield- ing 4129085 per cent. are eagerly sought by'.banks and insurance companies; se they present a return--some run to 114 Maat th 458 MAfkoriard +f thaienite i, . 0 'thé minbket=and same Estimat endlur by 42 Call tor for an Ex. | =H a Reatety' oF whith 1s ; 165,075. by sonditions of general business, This A despatch from. St ~Petershifg #aét loatises the prise' of aa bonds' to, save e naval estimates for 1912, Bate ai add' the yield to fall until the ich were submitted to thejoaning price of money and the return on bonds are apuroximitely equal. . Bu: middle. grade bonds will remain stations 'Mexico, says: ary for bad business conditions, Tenutug $ to depress prices of all but best bondss are offset by the effect of cheap money. Bpeculative bunds whosa safety depend very largely on the condition of busi ness will weaken in market price, a9 their safety is in danger to such an ux' tent as to offset any effect of cheap money. On the other. hand, when busi. ness Is guod and money dear there is a tendency © for high-grade bonds to de- cline; for the banks can sell them an they only yield a low rata of 4 fo #12 per cent at such a time, and loan the money at a better rate. = Other bonds, yielding & higher rate, and becoming the more secure the better tho business ouc look 1s, will tend to advance. The present tendency is this, Money in dear and business very good. indeed, in Cauada. Therefore high-grade bonds should ease off. They will not do so ta any appreciable extent because high. grade municipal bonds are not handled on the Canadian markets, but are dealt in wholly by private sale. But yon will notice that the prices which good mu. nicipalities get for their bonds are lest this year than last. In fact, from all appearances, the prices are getting down to a level where they yield a return ap- proaching that on free money. Excellent business conditions, however, are caus ing securities of a lower grade to ad vance, because their safety fs improving and because, ylelding a higher rate, the money market is not yet too high to in fluence them scriously. A CUTTING DOWN YUKON MAIL. Only Lighter Forms Forwarded and Other Restrictions Imposed. A despatch from Ottawa says: After the first of October restric: tions were plated on the kind of mail to the Yukon to be sent on- ward from White Horse. This is owing to the closing of navigation. All letters, postcards, single-wrap- ped mewspapers, periodicals, etc., will be forwarded ; but newspapers and periodicals sent to newsdealers for trade in bulk, books and mer- chandise, circulars, patterns, and samples are excluded. The par- cels may be sent to White Horse by mail to be transferred there to the express companies, and the de- artment will transfer them to these forwarding agencies there, but assumes no responsibility, Sh BOMBS IN A CHURCH." Four Killed and Fitteen Injured io Mexican Town. A despatch from Guadalajaru, A terrific explosion of rockets and bombs in a crowded church. here, resulting in four, deaths and fifteen seriously injur-| ed, cast a shadow of gloom over the, merrymaking attending the coming of Madero on Wednesday. Of the wounded many were so seriously burned or trampled in the Panic|- which followed that they are believ- ed to have been fatally injured. ay... RESTRICTIONS REMOVED. British Live Stock May Now be Ime ¢ ported Into Canada, A Zompitel "from" Ottawa says: aes Oa tish Government has Bott Oapada : tha Be aaa thet Lg oh sheep and other amine Canada, - a : Doli Ei the p! -- of the foot and mouth ee ease. in the formes, ba have n re tions have beet,