Grey Highlands Newspapers

Flesherton Advance, 18 Jul 1912, p. 2

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r IP: DOMINION K_BUILDING UP 5Ix Months' Record in Twenty-Seven Cities Gain of Twenty -Eight Per Cent. A despatch from Toronto ea.VB : According to report* from official ources compiled by The Contract Record the building operations in twenty-seven Canadian cities for the first half of 1912 aggregated $69,63.674, twenty-eight per cent. Baor than for the same period in 1911. As illustrating the steady growth of the country the journal pointu to the fact that the buildings ererted in 1911 exceeded in value those of 1910 by 20 per cent The buildings for the month of June alone represented an expenditure of 917,645.709. as compared with 112.346,908 in June, 1911. Toronto ie in the lead with a six- monthg' record of $13,195,271. Win- nipeg's figures are $11,205.600. Van- couver, with an expenditure of $8,- 132,720, is $65,000 ahead of Mont- real, and Edmonton is not far be- hind with $7.725,622. Edmonton's expenditure shows the remarkable gain of 376 per cent. Stratford showed a gain of 278 per cent, Brantford 133, Fort William 132, Port Arthur 124, Nelson 118. The building returns for six months of 1912 and the same period of 1911 are as follows : 1912 1911 Toronto ............... $13.195.271 $11.939.963 9,058.150 9.191,524 T.306.136 1.620.431 TflRdO CORRESPONDENCE INTERESTING NOTES FROM THE CAPI- TAL OF THE PROVINCE. Laorotsa and Bast Ball A Municipal Abattoir Toronlo't Harbor The Lati Mr. H, P. Dwlght. Something is th matter with Canada'* national uport. "Big Four" championship Limit,: . fames between the best teams iu the world that money can hire draw a (cant 2.000 spectators, while mediocre base ball between eastern league teams on a Saturday will easily bring together 8,000 to 10.000 IH i '. >iin. Even motor cycle races, a newly established sport, ot doubtful staying power*, attracted 15,000 people the other day. Some >ay that the trouble lies with the "Big Four" organization. Al- Winnipeg ............ 11,205,600 Vancouver .......... 8,132,720 Mom real ............ $.065,993 Kdmonton ............ 7.725.622 Saskatoon ............ 4,685,634 __ _ __ ___ Hamilton ............ 3.14i,600 2,246.780 j will "be revivified next season and will get Regina .............. 2,549,770 2.936.930 a team in Toronto, probably R. J. Flera- O.tawa .............. 2.120.000 1,393,370 1 ing's Torontos, for the Tecuniseh man- Fort William ........ 1.743,425 750.075 1 agement and the N. L. U. officials show PRICES OF FARM PROWS ,6B5,M4 2,574,441 ready there are rumors that the N. L. U 1 1.1* f.fif\ 9Jf. 7ftrt Ml 1 1 jn_-i _. . _ j ...Ml .... MaiBonneuve New Westminster Lothbridge Port Arthur .... Brantford London Windsor St. Boniface Berlin Ht. John Sydney KingKton Oalt Nelson Stratford Peterborough .... Welland 817,428 785,578 719.343 700.994 657,230 509,598 433,630 396,530 332,950 315,950 254,616 224,059 204,032 193,015 202.791 188.858 124,186 748,900 613.580 528.950 312,985 282.228 no sign yet of burying the hatchet. BOUGH PLAY THE TROUBLE. But the trouble probably lies deeper than any mere quextion of league organisation. u<! <K ' n * n * wr "* r '* opinion it dates back sey- 396.795 era ] year9i when brutal play was allow- or 2 , 53.590 186.786 MAKING SAFE INVESTMENTS TME EFFECT OF LONDON INVESTOR* ON THE CANADIAN MARKET. Tht Pros.nt Dullnsis In London Has Mad* Quit* a Notlnabl* Chang* In th* Price I 8*vsral Canadian Municipal Doben- turet What London Took From Ui Last Y*ar. Th- articles contributed by "Investor" re for the sole purpose of guiding pros- pective Investors, And, if possible, of sav- them from losing ilaeing It In "wild-cat" monoy throuirh enterprise*. The partial and reliable oharac.er of th Jiforination may be relied upon. The vrlter of these articles and the publisher of tills paper hare no interests to serve In connection with this matter other than the** of the reader. (By "Investor.") "What difference does it make whether London investors are buying our securi- ties or notP ' a man asked one day. "The pond bouses In Toronto and Montreal alone appear to buy by far the greater part of Canadian bond offerings. This lalk of London market affecting prices ppears to me to be all humbug." Of courte. this man didn't know any- thing about the matter. He was quite correct lat least he would have been quite correct) had he said that "Canadian" house* abitorbed a large part of the bonds offered here, and left out the rest. H* tnrvol (OT never knew) that during 1911 alone our railroads steam and electric- told no less than t85.000.000 of bondi and ebentures in England without the inter- vention of Canadian houses. This one Item, then. Is a very good arid (ulDcient reason for watching carefully the ' - tn<lney of prices in London as a baro- lortrr of our own. Last year England bought no less than t208.000.000 of our se- curities, the greater part of which were THREE NEW LEPERS. Now 22 Inmates of the Lazaretto In New Brunswick. A despatch from Ottawa says : The Director-General of Public Health, Dr. F. Montizambert, re- ports that three new cases of lep- rosy were admitted to the Leper Lazaretto at Tracadia, N.B., dur- ing the year, and one death occur- red. According to him there are at this date twenty-two patients there, twelve males and ten females. Eighteen are of French Acadian ori- gin, two of English, one of Icelan-1 c 'P aI wholesale butcher shop, and thn j; T, mu expresses a determination not to let the die and one of Russian origin. The| me p at bufinfm of Toronto fnii into the Minister of Agriculture sanctioned hand* of a meat truet, such an dominates play a prominent part in the de- cision of tho big league lacrosse contests. Big crowds attended the games, "games" by courtesy, for many of them were dis- graceful exhibitions. It is hard to say why the brutality was permitted. It may have been incompetent officials, or a mis- taken idea on the part of the manage- ment that the crowds wanted to see a sort of Spanish bull flght, or just a npeeies of depravity on the part of the players themselves, or a combination of nil of these. For a period the best player nas the roan who could lay out the most opponents and not (ret caught at it. The result was inevitable. A large propor- tion of the decent public pot disgusted and cut out lacrosse. And even those who delight in seeing the gore fly want to he in decent company. 80 the attend- ance fell off, and when the penalties be- came more numerous the games became farcical from their one-sidcdnexs. And the attendance dropped some more. Therein seems t lie the real trouble with Canada's national game in the biff leagues. It can be built up again, but it will probably tnke some years of hard and careful work. CITY ENTERS BUTCHER TRADE. The City Council has committed itelf to an expenditure of $200,000 for a muni- cipal abattoir: in other words, a muni- the gift of a small organ for the use of the patients to relieve the mono- tony of their lives. The Leper Laz- aretto at Darcy Island, B. C., has not been occpied by any leper since the last one was deported, previ- ous to this year. bonds. V n fortunately. last year. Canadians dnli. i take sufficient care in preparing offcriugr, and as a result some of them disappointed their purchasers. This had the further unfortunate result of making the public oantloiii until now there is |fti., chanc* of any Canadian securities being successfully Issued in London that Dave not the backing of some Interna- tionally well known Canadian bond house. Land, and particularly timber oompan- Us, hav gon* a long way to help dis- credit Canadian securities in London. Per- baiis It would be more accurate to say that the British investor has become very keptioal with regard to the extravagant promises of a number of these. More ths.n a few of last year's issues wera toKi ii to London, which were in no posi- tion to be offered as Investments. Ai a result th* underwriters were loaded up with a lot of staff that they are still * vainly trying to unload on the public. This has, of course, affected the market for high grade Canadian bonds, so that we find very excellent municipal Issues falling flat on the market. The effect of this has been marked. A year ago Bran- ton debentures could be readily sold on a 41-2 per oent. basil. Now these may be bought at 43-4 or even 47-8 per cent This if just a sample of the effect of the _^4ollness In London on our market here. *J^ What the bond houses and municipalities are hoping for is. of course, a reversal of form In London, and a renewed de- mand for our municipal debentures. This would mean that many bonds purrhuped during this year will show a very hand- tome increase in price of two to four points. It would also make a very good di'in. ii.il for many debentures which city councils have been afraid of issuing ow- ing to the lack of demand from London. For though practically all our municipal debentures are sold to Canadian bond bouses, most of these place the greater percentage of the large issues in London. That is on* reason why the London market ii so Important. Another reason It that the English investor Is satisfied with a lower yield than the Canadian and no most of onr low yield bonds are old there. Moreover, our railroads do practically all their financing In London. Last De- cember the Canadian Northern sold no less than $J5. 000.000 of bonds in one block In London at a comparatively low rate It would have taken years to have plncnd thoie bonds in Canada. The railroads need more money to keep up to the great expenditures they are making on new construct Ion. The pessimist referred to In the first sentence had better talk to IIH of our railroad prnsidvnts before be persuades himself as to the accuracy of his statements. THE FEDERAL REVENUE. For First Three Months of Year the Gain Exceed* $S,(H>0,000 A despatch from Ottawa says : The financial statement for the first throe months of the fiscal year, closing on June 30, shows total re- ceipts of $37,838,110, as compared with $29,239,646 for the same period last year. For the month of June alone, the receipts were $13,181,174 as compared with $10,668,205 in June, 1911. The big increase is practically all due to increased cus toms collections. The total expen diture for the three months, so fai as accounted for at the end of June was $12,481,931, as compared with $8 935,732 for the like period in 1911. In addition, there have been expenditures chargeable to capita! account, amounting to $1,533,920, as against $2,303,730 for the firsl three months of 1911. During the first quarter of the fiscal year, the debt has been decreased by $6,021,- 138, as compared with $3,739,900 for the name period last year. IMPROVE VICTORIA 1TARROR. GoTprnment Will Spend a Million on Iho I'nriflo Port. A despatch from Ottawa says : It is understood that the Government has decided to call for tenders in the near future for the construction of important harbor improvements at Victoria, B.C. The work will probably cost over a million dollars. The contemplated improvements will do much to increase tlin impor- tance of Victoria as a Pacific port. GET A CQ TAINTED WITH YOUR NEIGHBORS. If yon are genteel in appenrance nnd courteous In your manner, you will be welcomed In every home in your locality, when you are showing samples ot our MI perlor toilet poodi. household necesiiitles. and reliable remedies. The satisfaction which our iroodii give, places the users under an obligation to you, which wini for .von the same respect, esteem, and In- timate friendship given the orient, phynl clan, or pnstor. anil you w prie 111 m ahe more money from your Bpare time thn you dronm of. !> 1,1, : . a hont of friend*. Thl> Ii your opportunity for a pleaiant. profltnlile and permanent buslneag. \,| drpuB. The Home Hupply Co., Dept 20, Mer- rill Building, Toronto, Ont. A NEW NORTHERN RAILWAY Edmonton Will Be Given Connections With Hudson Bay and the North. A despatch from Edmonton says : Financed by British capitalists of International repute, holding a Fod- ra) charter, which provides for 1,- 1600 miles of new railway construc- f tion, giving Canada a new transcon- tinrntal line, with Fort Churchill on [the eaat and Port EHsington on the ^west BB terminals, arid connecting Ed UK' n ton with Lac la Rich*. Fort lirrnv and Lake Athabasca, Northern Territorial Railway rill commence a survey of itfl route from F.dmonton north-easterly in the course of tho next few days, and before the close of the season a Htnrt. will probably be mnde on tho actual count ruction of the grade. The corporation is capitli/ed at $40,000.000, and under the charter, which was granted by the Domin- ion Parliament at it* last session, 1ms bonding powors amounting to $40,000 per milo. The length of this now transcontinental from the coneti to Fort Churchill will be 1,450 mile*. the famous Chicago stock yards, and through them most of the cities of the United Slates. It will be interesting to sec how the problem works out In Toronto. Toronto has been in the cattle market business for many years; in fact for a long time it had a monopoly in that department. But it did not take full advantage of its opportunity, with the result that now tho city cattle yards are altogeiher too small, are Inconveniently situated, nnd a bin proportion of the business is going to the privately-operated union stock yards, which occupy commodious premises at West Toronto. It Is said the Union Stock Yards form a potential nucleus for a Canadian meat trust. One of the most active Prmn op- eratinir there is the Canadian branch of the Swift Co. of Chicago. Recently the two largest Canadian firms, the Harris Abattoir Co. and flunn's. which formerly bought entile both at the city yards and the Union Stock yards, announced that In future they would buy only at th latter. And it in said the fourth large Arm, Park- Blnckwcll. will shortly follow su;j The result is that the city, to save Its cattle market, is forced into the abattoir business. A municipal abattoir will en- able the small independent wholesale butchers, of whom there are pcrhans a wire, to kill their animals and distri- bute to the retail trade economically; ancj their business, on the other hand, will keen the city cattle yards going. Without tho city abattoir, and with the hitr firms buying only at the TTnion Stock Yards the business In the city yards would soon dwindle to Insignificant proportions, the Independent wholesale butchers would he. compelled to go to the big fellows for thoir supplies, and the whole business would be effectually centralized in per- haps four firms. This !a what the City Council wants to prevent. A HARBOR. BUT NO PORT. Toronto's new harbor Commission has not got much to ihow for Its efforts yet. But, of course. It has not been on the job long enough to have had a chance As everyone knows, Toronto has one of the finest harbors, if not the very finest, on the great lakes. And yet the amount of shipping it accommodates is practi- cally negligible. For example, the ton- nage of the Sanlt cnnals for tho month of June was 10,700,000 tons, as compared to 7.400.000 tons in June. 1M1. While To- ronto harbor's traffic for the month was only 271.000 tona, as against 251,000 In June. 1911. Relatively, the lake shipping from To- ronto has been dwindling year by year for the last generation. It Is only oltl- inns well on in years who remember when the waterfront usml to be dotted with grain elevators and the docks were al- ways busy. Perhaps the day of grain traffic by boat from Toronto Is past, but there are plans on foot to make Toronto again a great port for other purposes. That's the chief purpose of the new Harbor Commission. The city owns a largo acreage on the waterfront, and to this acreage it is hoped to attract large Industral factories. Dorks and wharves whoso cost will total many hundred thousands of dollars are being projected. At present when a boat From the Atlantic works its way up through tho 8t. Lawranrn canals It cannot find n place to dock. But that is to he nulekly changed. The sympathy of the Dominion Government has been enlisted and extensive dredging operations are now under way. But. of course, the great boon will be the now Welland canal and be deepening of the st Lawrence route Then Toronto hopes to be a real ocean port and also on the highway from the icean to the head of the Lakes. If the 'actorv development progresses, ns hoped 'or, Toronto harbor will change from a ilece of pretty scenery to the centre of a live of industry. THE PAHRINO OP H. P. WIGHT. The passing of Mr. n. P. Dwight, Pre- sident of the G. N. W. Telegraph Com- mny. removes one of Canada's landmarks. ITie oldest surviving telegrapher In Am- rlea, his reminiscences went back to primitive days In Canada. He "discover- ed" Hon. George A. Cox, took him into he employ of the G N. W. Co as office boy, and taught him the language of the wire. Senator Pox was a prominent mour- MI at the graveside. Mr. Pwlght was one. of the most likeable men. The bent of his mind was well 11- imtrated by the chief hobby of his later rears. It was the Roval Canadian MM- nane. Society which had for Its chief nirposo the rewarding of deeds of bray- ry. To liear of a deed of heroism, no matter how unspectacular the clrcum- itatices nnd reward, the hero was a source if pleasure which never lost Its pownr. He took a keen Interest In public affairs ip to his IMI darn, but never succumbed o the modern theories of pnbllo owner- hip with which lin was always somewhat int of sympathy. Tto was a frequent cor- ennondent of the newspapers over the Ignatiire "Dw." but he was always mod- rate In the e*nresslnn of his views ind 10 newspaper declined to publish his let- ors. even when they were opposed to the publisher's policy. Tie was possibly prl- ato ownership's ssnest advocate. , REPORTS FROM THE LEADING. THAOi CENTRE* OP AMERICA. frio of cam*, Grain, Ch**s* ind Otntr Prcduc. at Horn* and Abroad. BREAD8TUFFB. Toronto, July 16. Flour Winter wheat. M per cent, patents. $4.15 to $4.20, at sea- board, and at $4.20 to $4.25 for home oon sumption. Manitoba flours First patents 15.70; second patents, $5.20, and strong bakers', $5, ou track, Toronto. Manitoba Wheat-No. 1 Northern, $1 121-2, Bay ports; No. 2 at $1.091-2, and No. 3 at $1.05, Bay ports. Feed wheat by sample, 62 to 64c, Bay ports. Ontario Wheat No. 2 white, red and mix ed, $1.04, outside. Peas Purely nominal. Oats Car lots of No. 2 Ontario. 46o, and No. 3 at 45c, on track, Toronto. No. extra W. C. feed, 48c, Kay ports, and No 1 at 47c., Bay ports. Barley Prices nominal. Corn No. J American yellow, 75c, on track. Bay ports, and at TSo. Toronto. Rye Prices nominal. Buckwheat- Prices nominal. Bran Manitoba bran, $22, in bags, To run io freight. Shorts, $24. COUNTRY PRODUCE. Beans Hand-picked, $3 per bushel primes. $2.65 to $2.75. Honey Extracted, in tins, 11 to 12o per Ib. Combs, $2.SO to $2.75 per dozen. Baled hay-No. 1 at $15 to $16. on track. Toronto; No. 2 at $11 to $12, and mixed clover at $9. Baled straw Good straw, $10 to $10.50, on track, Toronto. Potatoes Car lots of Ontarios, in bags, $1.40, and Dclawares at $1.60. Poultry Wholesale prices of choice dressed poultry. Chickens, IS to 17c per Ib. ; fowl, 11 to 12c; turkeys, 18 to 19c. Live poultry, about 2c lower than the above. BUTTER. EGOS, CHEESE. Butter Dairy, choice, 23 to 24c; bakers', inferior, 19 to 20; creamery, 27 to 28c for rolls, and 26c for solids. Eggs Now-laid. 24c. per dozen, and of frexh at 22 to 23c. Cheese New cheese, 14 to 141-2c per Ib. HOG PRODUCTS. Bacon Long clear. 14 to 141-4c per Ib., in case lots Pork Short cut, $24 to $25; do., mess, $20.50 to $21. Hams Medium to light. 171-2 to 18c; heavy, 161-2 to 17o; rolls, 13 to 131-2c; breakfast bacon, 191-2c; backs. 20 to 21c. Lard Tierces. 133-4c; tubs. 15c; pails. 141-2c. MONTREAL MARKETS. Montreal, July 16. Oats Canadian West- ern, No. 2. 48 to 481-2c; do.. No. 3, 47 to 471-2c; do., extra No. 1 feed. 48 to 48 l-2c. Barley Man. feed. 641-2 to 65c; do., malt- ing, $1.05 to $1 07. Flour Man. Spring wheat patents, firsts, $5.80; do., seconds, $5.30; do., strong bakers', $5.10; do.. Win- ter patents, choice, $5.40 to $5.50; do.. straight rollers. $4.95 to $5.00; do., straight rollers, bags, $2.40 to $2.45. Rolled oats- Barrels. $490; do., bags. 90 Ibs.. $2.321-2. Bran -$21. 8horts-$26. Middlings -$27. Mouillie-$30 to $34. Hay-No. 2, per ton, car lots, $17 to $18. Cheese Finest west- erns. 13 to 131-8c; do., easterns. 123-8 to 125-dc. Butter Choicest creamery, 251-2 to 253-4c; do., seconds. 243-4 to 251-4c. Eggs Selected. 25 to 26c. No. 2 stock, 15 to 16v. Potatoes Per bag, car lots, $1.50 to $1.60. UNITED STATES MARKETS Minneapolis. July 16. Wheat-July. II.- 061-2; September, $1.011-8 to $1.011-4; De- cember. $1.021-8; No. 1 hard. $1.091-2: No. 1 Northern. $1.083-4 to $1.09; No. 2 North- ern. $1.07 to $1.07 1-2. No. 3 yellow corn. 70 to 72c. No. 3 white oats, 47 to 471-2. No. 2 rye, 68 to 70c. Bran. $20.50 to $21.00. Flour, first patents, $5.20 to $5.45; second patents. $4.90 to $5.15; first clears, $3.60 to $3.65; second clears. $2.50 to $2.80. Buffalo, July 16. Spring wheat. No. 1 Northern, carloads, store. $1.13; Winter. No. 2 red, $1.13; No. 3 red, $1.12: No. 2 white. $1.16. Corn, No. 3 yellow. 78c: No. 4 yellow, 761-4c: No. 3 corn, 753-4 to 761-4c; No. 4 corn. 74 1-4 to 74 3-4c, all on track through billed. Oats, No. 2 white. 621-2o; No. 3 white, 511-2o; No. 4 white, 601-2o. LIVE STOCK MARKET8. Montreal, July 16. The top price for best steers was $7. and the lower grades from that down to $5 per cwt. Prices of butchers' cows ranged from $3.50 to $5.50 per cwt.; bulls sold at $3.00 to $3.50 per cwt. Sheep sold at $4.00 to $4.50 per cwt., and lambs at $6.00 to $6.25 each. Hales of calves were made at from $300 to $10.00 each, as to site and quality. Hogs sold at $8.40 to $8.65, and mixed lots as low as $8.25 per cwt., weighed off cars. Toro'.to, July 16. Cattle Exporters, choice. $7.90 to $8: bulls. $4.50 to $5.25; cows, $5 to $5.25. Butcher- Choice, $7 to $7.60; medium, $6.50 to $6.90; cows, $5 to | $5.25. Calvcs-$7.60 to $7.85. 8tochers-$4.- 50 to $5.75. Sheep Light ewes are steady at $4 to $4.50; heavy. $3 to $4; spring lambs, steady, at $7.75 to $8.50. Hogs Selects. $7.50 f.o.b.. and $7.85 fed and wat- ered. ANY brands of Baking Powder contain alum, which is an injurious acid. The ingredients of alum baking powder are never printed on the label. Magic Baking Powder contains no alum and is the only baking powder made in Canada that has all the ingredients plainly printed on the label. EW.CILLETT COMPANY LIMITED TORONTO. ONT. WINNIPEG MONTREAL .^5- noNJ JlAJNSNOAiS DISEASE ON EVERY VESSEL Quarantine Station Reports a Bad Year Among the Immigrants. A despatch from Ottawa cays : In a report to the Minister of Agri- culture, Dr. G. G. Martineau, of the quarantine station, Grosse Isle, Quebec, states that the year ended March 31, 1912, has been a bad one as far as quarantinable disease is concerned. Six passenger vessels arrived in quarantine with small- pox on board, two with cholera, and one with typhus (ever. Two births and seven deaths occurred in the hospital during the year. The doc- tor announces that two very uncom- mon cases have made an appear- ance, cholera and typhus (ever. Three hundred and sixty-seven vessels underwent quarantine in- spection during the year ending March 31, 1912, a decrease of eleven as compared with last year, due to labor strikes in Great Britain dur- ing the summer. The total number of pas&engers exami'ed vas 193,313. an increase in the year of If, 146. Infections or contagious aisea&et was reported or discovered at th quarantine station in erery pasEen- ger boat sailing to that jKirt on ono or more occasions with the excep- tion of two, and the patients trans- ferred from vessels to hospitals were 102. THE NEWS IN A PARAGRAPH HAPPENINGS FROM ALL OTEB THE GLOBE IN A NUTSHELL. Canada, tho Empire nnd the World iu General liefore Your Eves. CANADA. Judge Mahaffffy of Bracebridge died in England. Scores of Americans are flocking io farms in Essex county. The crops in Saskatchewan are in splendid condition. The Whitby hospital for the in- sane will be a model asylum. Nearly $33.000 was raised for the new Y.W.C'.A. building at Berlin Lambton county farmers are mak big strides in scientific agricul ure. HOMR-THROWING Tl'BES. A despatch from Berlin says : The Technical Monthly gives the parti- culars of the new military air crui- flor, Zeppelin III. The ship is fit- ted with bomb-throwing tubes and an observation turret on top of tho frame for a machine gun, which has been specially constructed for a minimum recoil. Save Monay and Increase Us Earning Power WE have issued a Book- let describing th* " PERIODICAL PAYMENT PLAN" for the purchase o! stocks and bonds. This Booklet shows how you can create capital through a small monthly savings. It also shows how these savings ar protected and how they are available for use at any time if required. Writ* to Investment Department, THE METROPOLITAN SECURITIES AGENCY, LIMITED 160 St. Ji> Ft.. MONTKBAL III Mountain Hill, Q The latest crop reports from Wes tern Canada are highly satisfac tory. A factory watchman at Hanover! Ontario, fell down an elevator shafi and was fatally injured. An airship dropped on a crowd o: spectators in Winnipeg. No one was seriously injured. The Dominion Railway Board ap- proved the Canadian Northern Railway's tunnel scheme in Mont- real. Seven hundred Indians took part in the celebration of Bishop Grou- ard's golden anniversary in Alber- ta. A seven-months'-old girl living near Gait has two frrandmotheri and four great-grandmothers liv- ing. The- Provincial Government through Hon. I. B. Lucas will in- vestigate public ownership of tele- phones in Britain. GREAT BRITAIN. The King went down a coal mine and wielded a pick. The Wimbledon Cup was won by an Irish marksman. The reproduction of Elizabethan scenes and pageantry at the exhi- bition in London was a brilliant success. The British Foreign Office has communicated to tho United States Government Canada's proposed ob- jections to the Panama Canal regu- lations. Sixty-five, including thrpe Gov- ernment inspectors, wore killed by an explosion in the Cadoby colliery, Yorkshire. It is feared that the number of dead may reach 80. GENERAL. Signer Mascagni, the composer, eloped with a chorus girl. Tho Federal forces drove the Mexican insurgents from Sauz. Strike riots brokrf out at Zurich, 'witzerland, and the troops were -tiled out. The Portuguese Parliament closed ts session to cries of "Long live the Republic." The Royalist forces make no headway in Northern Portugal. Th rising appears to be fizzling out. George Goulding of Toronto won the 10,000 metres walking champion- ship in the Olympic games at Stock- holm. PLAGUE AT SANTIAGO. Stops Taken to Rid the Cuban City of Rats. A despatch from Washington says : The plague alarm has reach- ed Santiago, Cuba, according to ad- vices to the State Department on Thursday. One case, suspected o! being the plague, was found in th business section on Wednesday, and the discovery of the suspect caused great excitement. Energetic mea- sures have been taken for cleaning the entire oity and exterminating the rats. A house to house cam- paign of elimination has been in- augurated. BEEF FAMINE IN LONDON. Phenomenally, Due It Price Foot And Mouth A despatch from London says: The price of home-killed beef ros 87.50 a carcass in London on Wed- nesday on account of the foot and mouth disea-se which prevails among cattle. Two fresh cases wero discovered near London. Ireland exported 121 cattle last week, com- pared with 36,290 in the same week last vear. 7% Cumulative Preferred Stock AMES-HOLDEN McCREADY LIMITED (Carrying a Bonus of 40% Common Stock). Price and full particulars will be gladly forwarded on request. CANADA SECURITIES CORPORATION LTD. M*ntr**i, Toronto, Louden. Ing. 67. INTEREST AND SAFETY q Price Bros, and Company Bonds pay 6 per cent on the investment. They offer the strong security of first mortgage on 6,000 square miles of pulp and timber lands-which are insured at Lloyds against fire. The earnings of the Company at present appronmate twice the bond interest. The new pulp mill in course of construction wtll double this earning power. Purchased at their present price they pay interest at the rate of 6 per cent. The best posted investors in Canada and England have purchased these bonds. Owing to the security and pr ducts of the C^Pany. these bonds will unquestion- If you have money to invest write us fcr complete Information ROYAI SECURITIES I\\-f I /\L, CORPORATION BAinr /\B u/>u<nii ..... *^^* ^ BANK OP MONTREAL BUILDING R. M. WHITE LIMITED YONGE AND QUEEN STREETS TORONTO MONTeAL-OUIBSC-HALir.X-OTTAW LONOON (ENS.)

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