Ontario Community Newspapers

Russell Leader, 24 Jun 1915, p. 2

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Pure Ice Cream in the Home Tue BRICK has greatly popularized City Dairy Ice Cream with the housewife. Theres is no other dessert that can compete with City Dairy Ice Cream in the summer, Our Service makes it possible for your dealer to supply you with City Dairy I Cream in brick form so that you can serve it in your own home at Dinner, Afternoon Tea or Evening Party, just the same as yo City Sister, For Sale by discriminating shopkeepers We want an agent in covery town. TORONTO. ce ur A COMPLETE WRECK From the After Effects of Pneu- monia Followed by Diptheria FrequenSly the after effects of ill- ness are more serious than the ori- ginal trouble. ' This was the case with Mrs. James B. Moir, Mutana, Sask. Mrs. Moir says: "Some years ago, while we were still living in Nova Svotia, I was taken down with a severe attack of pneumonia. I had sufficiently recovered to be around, but had not been able to go out when I was attacked with diphtheria ny weakened state it took a & hold on me, and neither m; .ends mor neighbors thought I would recover. 1 did, however, pull through, but was a physical wreck. The muscles of my throat were paralyzed, so that even a cup of water would flow back through my nostrils unless they were held. losed. My voice was almost inaudible, and my eyes so badly effected that I feared I was going to loose my eyesight. I could only walk with assistance, and it looked as though I would be a helpless cripple. Medicine was used but did not help me. Then a neigh- bor advised Dr. Williams' Pink Pills. I began taking them but had the utmost difficulty in swal- lowing them owing to the condition of my throat. However, after a couple of boxes had been used I found it easier to take them, which was a sign they were helping me, and I felt greatly cheered. I do not know how many boxes I took, but I continued their use until I was as well as ever, much to the surprise of all who knew me, as all thought I conld not get better. Since then I have several times taken the Pills when run down, and have always been greatly bene- fitted by them." For the after effects of fevers and all wasting diseases there is no medicine can equal Dr. Williams' Pink Pills. They enrich the blood, build up the nerves, restore the appetite and bring back complete health and strength. Sold by all medicine dealers or by mail at 50 cents a box or six boxes for $2.50 from The Dr. Williams' Medicine Co., Brockville, Ont. Ne. Wills must be made in writing. 'Now then, "ung man,'"' said the angry fu s Sdid- 2S;368 that board | YOu cali trespass- ing in thes. ..ods?' 'Yes, sir," said the culprit meekly. 'Well, what did it say?' "I dunno. I was too polite to. read any more when I saw the first word was "Private." and as Favorite re] LCE ~ "ioneer Redpath Sugar has been growing better and more popular ever since. When there seemed no further room for improvement in the sugar itself, we made a decided advance by intro- ducing the ¢Zafaf Sealed Cartons. Sug: since the days Igy i 10 fille ~ Pp \Y dE &, lh 1X FEL ANADA'S pioneer sugar refiner was John R edpath, who in 1854 produced "Ye Olde Sugar Loafe"'-- the first sugar "made in Canada". These completed a series of individual packages--2 and 5 lb. Cartons and 10, 20, 50 and 100 Ib. Cloth Bags which protec the sugar from Refinery to Pantry, and ensure your getting the genuine Get Canada's favorite Sugar in Original Packages. ] CANADA SUGAR REFINING CO., LIMITED, MONTREAL, BONDS AND THER YIELDS Railroad Bonds--There is a Splen- did Market for Railroad Bonds Which are Quoted on Most Exchanges. Few general classes of bonds of- fer such a wide range of choice as the railroad bond. This kind of m- vestment offers a great variety of bonds, ranging from the strictly staid and sober prior lien or first mortgage bond to the third and fourth general debenture issue ; and short-term notes ranking either pari passu with the one or the other of the mortgages, or as.a secondary lien after all the others have been looked after. If the investor wan:s absolute security for his money 1 - gether with a steady rate of inte: - est, he can get this in a certain type of railway bond: or if the sr culator wants to take a little flie" in something which 'has a great many elements of safety lacking in shares, 'and yet has sufficient price- variation to net a decent profit on the turn, he will find his desires ful- filled by yet another type of rail- road bond. And iso ik is all the way down the line; practic. - ~very re- quirement of the averag stor will be found to be fulfilled by some one of the numerous kinds of railway mortgage securities. The Straight Mortgage. Probably the best known repre- sentative of this large class, is the ordinary railroad mortgage pond. This is an obligation of a railroad company, which runs for a certamn length of time at a certain definite rate of interest, and is usually se- cured by a mortgage upon railroad property. In the case of the first mortgage bonds, they are secured by a mortgage against all or the greater part of the company's pro- perty; while in the case of the other subsequent issues of bonds they may be secured by separate properties or as second or third mortgages on the same property. The short-term notes may be secur- ed in either of these two ways, or a certain amount of treasury stock may be set aside as special security, in addition to the general deed of hypothec against the property it- self. There is sil' ~nothe. railroad bonds n as trust certificates, which ar slats ly secured by the equipment they are issued to purchase. These are usually amortization bonds and are redeemable serially. They are dif- ferent from the ordinary railroad mortgage bond in that their secur- ity is rolling stock and not fixed assets. The Best Kind of Security. Where absolute security is the aramount consideration, it would be difficult to find better bonds than the first mortgage and even the second mortgage bonds of the big railways of the United States and Canada. It has been the cus- tom of most railway builders on this continent when building new lines to issue bonds for so much per mile of line, securing the bonds by a mortgage against the property on either side of the right-of-way, as well as upon the actual railway line itself. Usually a good deal more money has been needed *o build the railway than is represent- ed by the bond issue, and this ad- ditional money is often raised by the sale of stock and secondary bonds, all of which increase the se- curity behind the first mortgage bonds. These latter are the safest kind of security, because .in the first place they are a real estate mort- type of . + | gage against property which the very building of the railroad has made more valuable; and in the second place they are a mortgage against other corporate property which has a definite marketable value aside from the value of the land itself. When is Security Sufficient? There are various tests to apply to railroad bonds to ascertain the amount of security behind them, and as to whether they are or are not an absolutely safe investment. Examination of the trust deed will show the nature of a mortgage; but the investor need not bother much about this as the bond house will give him all the necessary informa- tion. The total market value of the road, its cost and replacement value are, however, important fact- gre These can be arrived at only y careful consideration of all the securities outstanding and their selling price in. the ~ open market. The bonds should be covered twice over. Then there is the earnings feat- ure of the case. It is essential that "the railroad be operating at a good prot. Bond interest must be earn- ed and well earned. Further, be- fore profits~are shown the property ). must be well maintained, sufficient allowance being set aside for re- placements and renewals. A The issue of subsequent mort- gages is a good thing for the prior, lien holders. It shows that others, have confidence in the property, and moreover it provides a buyer for the road should it fail to meet expenses ; for the second and subse: ugent 'mortgagors must buy in the road at a sum equal to the first mortgage or lose their money. Why They Are a Good Buy. Many Canadian and American railroad bonds are an unusually, good buy at the present time. The security behind the issues of the, more prominent companies is of the: best ; and particularly in the case of Canadian railroads largely financed; through sale of stock. is the market! value of the roads greatly in excess' of the bonded indebtedness. For various reasons railroad bonds . have kept down below normal values and appear cheap compared |, - with some other investment secur- ities. Their extremely wide range ' of offerings together with general stability of p ce make them an at- tractive buy. As some of these bonds are quite speculative in na- ture, howe-er, the counsel of a thoroughly reliable bond dealer is advisec where safe investment is the first consideration. Death Nearly Claimed New Brunswick Lady Was Restored to Her Anxious Fam ily When Hope Had Gone. St. John, N.B., Dec. 15th.--At one time it was feared that Mrs. J. Grant, of 3 White St. would succumb to the deadly ravages of advanced kidney trouble. "My first attacks of back- ache and kidney trouble began years ago. For six years that dull gnawing pain has been present. When I ex- erted myself it was terribly intensified.' If I caught cold the pain was unen- durable. I used most everything, but nothing gave that certain grateful re- lief that came from Dr. Hamilton's Pills of Mandrake and Butternut. In- stead of being bowed down 'ith pain, to-day I am strong, enjoy splendid appetite, sleep soundly Lost proper- ties have been instilled into my blood --cheeks are rosy with color, and I thank that day that I heard of so grand a medicine as Dr. Hamilton's Pills." Hvery woman should use these pills regularly because good health pays, and it's good vigorous health that comes to all who use Dr. Hamilion's . Mandrake and Butternut Pills. Out of ong Experience. Barristers should always be re- spectful to the court and accept decisions with good humor, says Dr. Blake Odgers, who illustrates the proper attitude of the profes-' sion in the Yorkshire Post. A young barrister who held dif- ferent views from the court te- marked on one occasion that he was surprised to hear the judge make a! certain statement, whereupon the] leading counsel apologized for his, junior on the grounds of his youth.] "Wien he is as old as I am, my] lord," he said 'deferentially, 'hel will never be surprised at anything your lordship says or does." : A High Grade 6% Investment CITY OF CALCARY 6% TREASURY BILLS. Due 1918. Interest payable 15th March and September, in Toronto, Mont- real, and New York. : Assessment $134,886,425 Population > 80,000 PRICE: Par and Interest. YIELDING 6% Al cece 24 ADELAIDE ST. E,, Toronto. JOHN STARK & Co. "I. HET ER gL pl i ag ei ng wR SONI Mo

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