Ontario Community Newspapers

Port Perry Star, 31 Jan 1912, p. 2

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Statistical Department has compiled 'a' very complete, review of ' 'Standard Canadian Securities « This booklep: will be found of partiéular value to every investor who desires to keepin close touch with * leading Canadian corporations whose stocks are:listed on .the Montreal and Toronto Btock Exchanges. The twenty-nine companies reviewed include the 8 following : OANADIAN GAR & FOY, OANADIAN PAOIFID RL. DETROIT UNITED RY. | IMcCUAIG Sherkrooke WAG SAFE : INESTAENS coon POINTS OF RAILROAD EQUIP: MENT BONDS NOT REALIZED : "an CANADA. M Canadian "Equipments" Co to Americans Who Appreciate Them Highly--How This. Class. of Bond is Is sed and What They Represent. (By *'Investor.) ---- 8 articles contributed by "Investar® or the sole hursiops of guiding prow 1d, «if possible ol. sag osing | money, thrangh nr. dt Pw ildear' rite rtial and reliable. character of ths mation may be relied upon. The r of hegs wrticles 'and the publisher is paper have no interpsta to serve nnABLion 'with this matter other Ahad o% of tbe reader * A. (By 'Inyestor.) Xi mvestment. are . Rajlroad . Equipment * Bods. The ordinary railroad 'mortgage bolls build 'the Yoad, but they do not provide gives," freight 'cars; flat' cars, ers, dingls, passenger coaches, eto. © thoi reason that. the .life of railroad pment _is short, that it, is, purchased all nantities relative to the amount one, cespafy to be talsed fo build i road "itdel?, and that On 'the' other thy" wimounnt (is usually tod great: to ge 10 any one year's income; 'it. hag found convenient to provide for the ent by a separate issue of bonds #8 allroad Bquipnient Bonds, dnd by fhe relling stock which they issued: tos putchase, i Canada, although quite readily pro. ble, investors have not. quite ea. the good points of equipment bods méatle for safe investment, and o great majority of Canadian equip met securities are. sold. in the United States The usual 'manner of Tasuing equipment bonis is to organize a separate company not: part bf the Failfoad which' buyeithe g stock and sells it to the railroad: per-epnt;. down. and the balance n qual annnal installments and in- urse, Moreover, the railroad eth to 1 of adequately repair ' pe rel ears, eto, keep them insured an any 'worn ont or lost. The ny then issues 'bonds, secured by a mortgage on the equipment and GUAT. id absolutely, principdl and inter y the railroad until the" 'railroad but remains with the company hich is usually': 4 brown syrup, turn you. to Ho 3 this the . United States «very, favorite | *N. 8. STEEL & 00AL OBILVIE FLOUR MILLS TORONTO RAILWAY = Copy mailed free on request. BROS. & co. Members Montreal Stack' Exehange 17 St. Sacrament Street, Montreal Granby Sorel er 2 show, usually on 'the end of one of the floor beams, a cast iron plate bearing the inscription, "This car is the property of the Imperial Rolling Stock Company," and also stating the series of bonds which are secured by the equipment purchase of which that partioular 'car formed a part, The Imperial Rolling Stock Com- pany is the company which handles thé equipment for the Oanadian 'Northern just as the Victoria Rolling Stock Come pany does for the C. P, R, These bonds are usually. so arranged that part of the issue' is paid off each |: year, although, 'sbinetimes, - théy' are" is- sued subject to: redemption jab maturity by. the proceeds of a: sinking fund. In either case .the security, ample at the outset, increases proportionally with the reduction ' in Obligations = outstanding against it.. The above method of 'pro: curing: equipmént and of issuing' mort. gage; bonds, thereon 4s khawn as. the "Philadelphia plan." and is the method usually followed in Canada. .The other plan is" where the railrond' iggues the bond dd Ite' direct Obligation, whild utider 'the Philadélphia plan. the railroad is liable 'only. ns. guarantor of the. honds. There is always provision, of course, that the 'bonds cannot be fasted until the volling 'ptéek is delivered from the mi ers. Just this summer & large Canadiag equipment issue was purchased by a bond firm; and could. only. he put out, on the market in small quantities, owing to the fact that the construction and delivery of the equipment was, delayed, Bi CHOICE REQOIPES; |» - Chesthut Pudding. --Twenty- four chestnuts will be needed for a pint mold, "Take off 'the brown skin, plunge them ip boiling water for a mintte or two, and peel off the red skins. 'Make 'a syrup of Bugar and water sufficient to cover the chest: nuts in a 'saucepan. Flavor this with 'vanilla; set over .the fire and 1h $ gently stew the chestnuts until they | are soft; by this time they will have absorbed the sy 1 , ent: ly. 'Pass thon lire a wire gieve 'while the chestnuts are stew- ing. : Prepare a custard with half & pint of milk, boiled "and cooled, a gill vof/ cream; two -whole 'eggs; and two yolks, 'or omit the cream 'and use three-quarters of 'a pint of milk, Sweeten with sugar, mix the custard in a pan over the hot w : | ib iss rich and' ereamy. eqifpment. 'The title vo it: does a : of ca ! he sugar melts and rm a cap; let the puree and Sustasd 5 in cold. , Cover Because' they % 1a done Srain. put. o and butter' to suit ta scald one and a half cape milk thicken with one tables 2 Then add . celery Tiqu ine pe osting.--A ul. of oar Hod ei osting 'when the TE is ad-} ed will keep it from being brittle! and breaking when cut, ai will be as moist in a week as 5 was made." Also a teaspoonful of} vinegar added to each pint of home made 'syrup will ,prévent ¥ from candying. = castor ol 18: tlie. ag To shine biekly do nok DELICACIES. . blacken, but rub i a a, piece 'of Angel 'Food in Pyramids:--One of | orange, Let the juice dry and the: prettiest things: seen! recently |then polish with a soft brush, at a spring luncheon: was angel food | they 'will shine like a perved . in small pyramids. Beat To save paint a; the 'whites of nie eggs' to a stiff being knocked an froth; 'beat 'in 'a level teaspoonful |sweeping, nail pads'o or shoe lea boots. of cream. of tartar; add flavoring.|on all brooms and brushes, especis | bt Beat into this mixture lightly one |allv those used for stairs. eup of granulated sugar, sifted.l. When boiling cabbage, tie up a Then add one cup of flour; sifted. | piece of bread or small crust in a Grease lightly with lard one gozen muslin bag and drop it. into 'the jelly glasses, ; Fill these half full of | gancepan. . This will; prevent the the mixture. Place the lids on and {smell of the "cabbage penetrating steam for ope hour. After the into the room. gakes' are' cold, cover wit led ; : icing. 3 Confectioner's Icing. Two 0: cup fuls 'of 'granulated 'sugar, one {ea- spoonful of glucose, one aupful of} water, Boil together 'without: stir- ting until it forms a thread: when: dropped from a fork. "Take from the fire at once and lep-stand -uni-| ih lukewarm. Beat until like' soft' then knead with the hands anti hick jand oreamy. Pacle away in glass, cover and keep'in a cool place. When waited to uge, publ gome-in 'a bowl, set the bowl in hot} water, and stir "until soft enough to spread on cake. Add desired fia: vor, and use. This icing will keep. an indefinite 'fime if kept cove = directed. Corn (syrup i mays substituted for glucose, | Grape Juice Taffy. --Make ordinaty lemonade, add the i of two 'oranges, a little.pineap| syrup, and a quart of grape juice. This will make a delicious drink or oN -| punch to serve ab parties or 'recep- | ; tions. o3 3 GRAND T4 TO LIVE hevera e thar a on: fri h to KE hio woman, © re is. (The effects of tea goffee 'on the system: are similar both contain 'a drug Ls "eaffeine)." { "ince childhood I drink coffee! peo as. id the 'other members of an ounce of | breaking down, oh Tast winter the ase of 38; ee be: a harden ;. mix! c and Kady in Waiting to the Duchsit f e 'dent of the Wom:

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