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GENERAL BOOTH'S FUNERAL Workmen, Weeping Women and Children Harched in the Great Procession. A despatch from London says: The body of the late General Wil- liam Booth wa* laid on Thursday beside that of Catherine Booth, his wife, IB Abney Park cemetery, amid igns of deep respect from men and women i'f all classes. Representa- tives of reigning houses and of Presidents of Republics, joined round the grave with many thou- sands from the masses -whom the founder of tho Salvation Array had tried to uplift. Delegates of legis- lative bodies, civic corporations, the army, the navy, business men of nil branches, workmen who had sacrificed their day's wages, weep- ing women and children, of whom the General was a true frcnd, marched shoulder to shoulder in the great procession which followed the tody of the General to its last sim- ple resting place. The coffin was borne from the great doorway of headquarters ot the hearse, which was decorated only with dry palms p!iu<-d over the " Blood and Fire" banner draping tho casket. The celebrated battle flag which the General had planted on Calvary was placed at the head of the coffin, and ;us this was done the flags of the foreign deputations and of English provincial corps dipped in salute. At the same time the vast crowd reverently uncovered their heads. Then the General's campaign cap and favorite Bible were lifted on to th platform of hte funeral car. The scene was a most impressive one. as the delegates from the pro- vine es and abroad, stepping slowly to the solemn strains of the "Dead March in Saul." playexl by forty bands, marched past the funeral car, and came to the full salute as they stepped by the coffin. A guard of honor composed of the chief lo- cal and foreign officers of the Salva- tion Army, stood at attention round the hearse. Each corps was pre- ceded by a group of battle flags. As the strains of music from each band died away after it had passed the coffin another band took up the melody. Leading the hearse when the pro- cession started was a carriage filled with splendid floral tokens sent by dignitaries . and distinguished friends of the late General. Imme- diately after the hearse a selected bodyguard of staff officers of the Salvation Army swung into line, preceding the mourners of the fam- ily, who were led by General and Mrs. Bramwell Booth. Then came forty-eight brigades of members of the Army and these were followed by a rear-guard composed of offi- cers from tho international head- quarters and the emigration staff. The procession was over a mile in length, and those composing it car- ried Salvation Army banners. A ehort distance from the starting point in Queen Victoria Street the coffin passed the Mansion House, the Bank of England and the Stock Exchange. As General Booth had been an honorary freeman of the City of London, the Lord Mayor appeared on the balcony of the Mansion House and saluted the coffin. The procession took three hours to traverse the five miles from the starting point to the cemetery pates. All along the lino, on both nides of tho streets, enormous crowds looked on. These became more dense as the approach to the cemetery was reached. The service was a very simple one, consisting of singing of Salva- tion Army hymns. General Bram- well Booth and his sister. Miss Eva Booth, commander-in-chiof of the Salvation Army in America, deliv- ered speeches, while the General's youngest daughter sang a solo. INTERESTING GOSSIP FROM THE CA- PITAL OF THE PROVINCE. Ouk of Connaught'i Visit -St. Alban'a Cathedral Those Ugly Rulni. On bis latest visit to Toronto his Royal HiKhiii-nri the Duke of Lonuaught again hon-ud himself to be every inch a Prince and u grntli-inuu aud with interests and HTBMUUM in liumau as thu iu<ml demo- cratic ...uiil wmh. Toroutoniuns, how- ever, cannot forgot li.it be is a Priuce of Ito.vul blood. At the iwruiiioiiios at the KxhibitKin at which his Koyal iligh- I-I-.H i>tl]riat-'l rtnmo. of the local digui- tan*-* were ol>vi*m*]y quite overawed. Not o Rev I>r. Hriirirs. the venerable stow- ard of tin- IfetAOttllt church, who was i*ii'-;iit in tin- i.tji.u-ity of unofficial rhap- luin f<ir the |iiii|rie of invoking Divine birring. In nu-llifluoiih plir.iMs and re- onant ton-* he delivered a pruyer that would h.i\. irrai-cil u revival mewling. Hu did nut toiK<-t to ai*k euro and guidance for I. - Mujcty and his Koyal rcpresen- t.uiv.-. liu, tin- r<-.-.ir<l as a Field Marshall of the man who sU>od betide him and his avowed int'-rt-pt in the, cadet and similar morementH did not prevent the reverend doctor from anklng frustration of the plan* of those who delight in war. Alt-r Dr. Hriggs' Invocation the pro- ceedings were about as stiff and formal an one could imagine. 1'renidoiit ' O. K.-nt read a stiff litlle address of wel- come t vili.i h be did not add one word of informality. Throughout th entire pr<-<-edingH lie |... .k.-.l miinewliat uncom- fortable. Then hi- K-.v.i! Highness read an Hildren in reply. And tho small boys pn-nent noted that when he took hii eyi-M off the mannsi-ript he sometime* had to pause to find tho place ,-igain. This reading flninhi-d. his Koyal Highness bowed and started to retire, the audi- nr> Htanding, Thorn was a hushed si- lenre It was (ji-orge H. floodcrham, M.PP., who broko in with "threo choors for the Duke and Dneheoii." He didn't ven say whii-h Dnkc and rtiichi-HH. The audience WHH so nvercomn by the infor- mality of this proceeding that it almost forgot to cheer Another silence. "And the PrinrcHn too," pl|>cd nnotlier voice. But the crowd could sen reel* cheer at all for gasping. ROYAL LADIKH OBSERVE AND OBSKRVKD. Of ooursn. the DuchcHs of Connmight and the I'rlncens Puiru-ia, tho former lining on the left of 1'renidont Kent at tin- front of the drnped Koyal hoi, and the. latter immcdiuti'ly liehind her father on the right, wero> the cynosure of much oWrvatimi. particularly from the f>m- In i ne portion of the crowd. Everyone (aid they were glad to HUO the Oiichcas looking no well af <-r her recent Illness. Indeed, it was a xurpriM- that she came to Toronto at all on this trip. Follow- ing the Knglinh fashion, Ixrth the DBOBOM and the Prim-enii wore heavy veils, which made it almost IraiKiSflihle to observe their feature*, hut it wan evident that be- hind thi" fortification they wern quietly and critically observing as many of his MajoBty's subjects a they could In it;.- time allowed. The occanion was graced by the prcs erne of a number of politicians, including Hon. O. E. Fouler, looking mellower and wrencr with the paxning yearn. Hon. J. H. Duff, who easily niakeK the transition from overalls on the farm to frock coat for Royalty, tho immaculate lion. ur. Pvne .mil a number of others. There wag more Informality at somo of the oilier fuiiftionu attended by the r.oyal party. Noteworthy wan the mon- ster garden party organid as a golden jubilee by tho ttoyal Canadian laclit C'lnb. but which wad Badly marred at tho end b" terrific thunderstorm, which wipt and drenched, the inland home of ill.- club like a young cyclone. On every occasion the Duke, showed interest, even c mini-. .11-111, in the proceedings. Evident- ly he spoke with absolute sincerity when in one. of his adilrcRKs he said: "I have learned onoufth about, your city and your citizens to be able to identify inynHf with your aspirations, your difficulties and your mMMMM." CATHEDRAL AT LAST UNDER WAY. It is thirty-seven years since ground was broken for Toronto Church of Eng- land i ,;!,. h il. and. yut to-day the city is still without a cathedral. True, St. JaiiK-s, at hints and Church Ktrcotx. with its line edifice aud hixtorical associations. dating batik more than one hundred years. Is commonly referred to as St. James Cathedral, but. properly speaking, it is not such. On various occasions at- tempts have been made to give H the Hiatus as well as the popular designa- tion of a cathedral, but all have come to naught. One oX tbo chief difficulties in the way is the fact that Ht. Jnmcx' IM'WB .11-11 not free, a condition essential to cathedral. And it would be no easy matter to free the pews In Ht. James, because many of them have been held in Hi'- same families for generations, and are surrounded with association* that it would be difficult to disturb. Properly speaking. St. Albans is the cathedral of Toronto. As such it should be tho seat of the Bishop, but hitherto it has been little more than name. As stated, it is nearly forty yearn since the site, away in tho nortnwest section on up|H>r Howland Avenue, then far from the ix-ntro of population, was acquired, but tint only portion of the chiiroh edi- Hcc that has been constructed la the nave, or eastern wing, and up to the present this small section with its went oml board- ed up la primitive style, has ac<x/inino- datccf the eongrenation. It is difficult to explain this extraordinary delay. It moans, for one thing, that the ambitions of the cathedral promoters have been away beyond their powers of achieve- ment. Homo said that if Canon Cody hud been elected Bishop of Toronto he would diiickly have made tha cathedral a real- ity. They based tholr supposition on the success he has made, of Ht. Paul's. However, an onorRPtte committee under the dir<x-tion of lllshop Sweeney, has been grappling with the financial problem in- volved, and have made ucl< Hiibstnntlal progress that the corner Ktonc bus now been laid for the south tranwpt of the building. The ceremony wus performed by the Duko of C'onnauicht, und it Is hoped that Hiich huppy auspice:* foresha- dow an early realization of the long-de- layed Ideal. KIRK RIIINH AFTER EIOHT YEARH. Although It In more thnn eight yenrs since Toronto's big flre. almost the flrst WEST CALLS FOR MORE MEN Wages Offered Are Half as Much Again as Two or Three Years Ago. A despatch from Winnipeg says: "We, are still short 25,000 ban-es- ters to meet the requirements of the west," said J. Bruce Walke.r, Do- minion Commissioner of Immigra- tion, Thursday morning, "and I am extremely anxious that very effort should be made to obtain them. I concede that the harvesters' spe- cials have been filled to ovorftow- ing with a oplendid class of work- era, but I am afraid that our friends in Ontario have failed to apprrai- .-iii the urgent neds of the western farmers for this year's crop. Tho estimate of 50,000 is not in the Blightcflt exaggerated ; not more than SO. 000 from eastern Canada have reached Winnipeg to date. "Deputy Minister Hareourt of I'xlmonton wired me on Thursday : 'There are not enough men for har- vest in this province as yet. Advis- able get railway companies run more specials.' "Deputy Minister Mantlei of Sas- katchewan wired me: 'Saskatche- wan has :il.i.iii one-half number of mn required. Strongly ndvise sup- plementary excursions." "Western farmers are paying $3 to $3.50 per day with board for good, experienced harvesters. This is fifty per cent, of an increase over the wages of two or three years ago, whilst tho harvesters' ex- pense* have not increased." thinff that meeta the eve of a Tltitor reaching th city by way of the Union Hiution is a view of the seotlon of the ug-ly ruiim lying betwenn Front street and the Buy. This unpktturesque night occu- pying one of the most valuable areas in the city, lying unproductive all these yearg. tells the story of a long feud be- twoeii Toronto and the railway corpora- tions. Immediately after the conflagra- tion, the railways took advantage of the situation to lay claim to what property they wanted for a new terminal statiou. The city, on Its gide, considered the time opportune to muke a demand that the railways, which by their increasing tracks and operations, have practically dextroy- ed iln> naturally attractive waterfront, should do Homethlng to mitigate this evil. The rexult was a demand that the railways should elevate their tracks on a viaduct high enough to permit the street passage to run underneath nn- distnrbed to the waterfront. The various matterB ariaing out of these demands and counter demands went for adjudica- tion to the Dominion Railway Board, which, after years of nrgmnent with Heemlnicly endless appeals, deolared for a viaduct as demanded by th<- city. Of course the railways protested vigorously and have succeeded in hanging the whole matter up. In view of the record so far it would be unwise to underestimate their further dftlaying powers, but it does look now UB though they had about reached thn end of their tether, and that before next year's exhibition visitors come to town tho scene of desolation on Front street will be replaced by one of busy construction on the new station and track elevation work. The Orand Trunk railway has now professed its readiness to eo ahead with the work. At the time of writing the Canadian Pacific la still protesting that it will not contribute its li il-", and if some means of overcoming thin attitude cannot be discovered the work may be still further indefinitely de- layed. COERCING A HAILWAY. The latest order of the Rallwav Board in unequivocal and specific, and the only things the Canadian Pacific can do now are to apt>eal to the Dominion Govern- ment, or to stubbornly defy the Board's order. Neither of these courses is likely to be effective. True, the only penalty provided in cas the railwny rpfnwa to ohpy the order Is a fine of *100 a day. which, amounting to only $36.500 a yt-ar would be but a flflablte to that wealthy corporation. But the Railway Board cannot afford to bo defied, and will doubt- less find dome method of ni.ik.u-- the re- calcitrant company toe the scratch. It might get Parliament to pass legislation providing severer penalties, or it mi"ht order the con nt ruction to bo made and collect the Canadian Pacific's share through the courts. Meanwhile the eyesore of the conflagra- tion ruins i? but the smallest of many Inconveniences the city is undergoing, duo to the dolay. The level eroHsinps at Yotiite and Bay str<v>ts used by thou- sands everyday on their way to the boats are. intolerable nuisances, to say nothing of being death traps. And then there is the dungeon which goon by the name of Toronto's Fnlon Station. It probably holds tho distinction of being tho most inadequate and most inconvenient sta- tion nhich an" city of Toronto's size any- where can boast. On a bupy tlay vvh*>n thousands of fMM>pl are seeking their trains and truck londe of batrgag" are being unceremoniously hauled around the paHscnKcr platforms it represents aluuit the acme of discomfort. The railways ny the new stntion woul'l Ionic ago have been a complete fact if it had not ben for tho city's demand for a viaduct. For this reason th<> vinduct ought to be all the more appreciated when It corwK. though there are those who maintain thnt the viaduct Is nil .1 finite mistake, and that a B.VNtem of over- hend liriilircii would have been much more practical. MONTREAL'S DEATH RATE. Jews at Ollior Kxtrrnro of (be VI- (al Itoeords. A despatch from Montreal Rays: That the highest death-rate is among "other Catholics," which is the form in the health statistics used to denote all Catholics not French-speakintr, is the conclusion arrived at by T)r. Louis Laherg". Medical Health Officer, in compil- ing statistics for his report for tho past twelve months. The percen- tage of deaths as against births is an follows : Other Catholics, 66.71 ; French-speaking Catholics, 50. 40; Protestants, 59.10; Jews, 33.14. The- statistics show a total of 17,637 births during 1911. and 9,974 deaths, or a difference of 7,663. PASSED CENTl'UY MARK. John Whinnry, Formerly of Mns- koka. Dies nt St. Catharine*. A despatch from St. Catharines says: The death occurred on Wed- nesday at the Industrial Home in this city of John Whinney, who had reached the, ripe old age of 101 years. He had made his home there for many years, formerly residing in Mnskoka. He was still in fairly good health until a short time be- fore death. Had he lived until next Hallowe'en he would have reached his 102nd birthday. GRADUATE OF LAVAL. Convicted of Practising Medicine Illegally. A despatch from North Ray says : J. A. Bcrube, M.I)., graduate of Laval University, Montreal, was sentenced to five months in Central Prison by Magistreto Wee.gar in de- fault of fines and costs aggregating $Ki2.61 on five charges of practising medicine illegally in Ponfteld, not having passed the Ontario Medical Council examination. W. J. Con- tiers prosecuted for the Ontario Medical Council. Several previous convictions had been registered against Bembe, on ono of which ho received thirty days in jail. He pleaded guilty I" all five charges. KILLED ON TRACKS. Wife in Toronto HIM) Son on Har- vester r:\fiii-sion. A despatch from Brockville says : Nathan Purvis, a well-known resi- dent of Lyn, five, miles west of hre, was killed on the B. W. * N. Rail- way tracks between hore and Lyn on Thursday afternoon, his body being terribly mangled. Purvis had been here, and wa* walking home along the tracks, on which, it is said, he lay down and fell asleep. Hia wife is in Toronto and his son on tho way to the, Went on a har- vesters' excursion. PRICES OF FARM PRODUCTS FROM THE LEADING THAU* CENTRE* OP AMERICA. of Oittla, Grain, Crttss* ant Othsr Produoo at H*m and AbroaA BKEADSTOFF8. Toronto, Kept. J. Flour Winter wheat, 90 pur cent, patents. $3 80 to $385 for new f.o.b. mills, ami at (3.90 to $3.95 for old f.o.b. mills. Manitoba flours (those quo- tations are tor juto bags, ID cotton bags lOc more): Firso patents, $570; second patents. $5.20. and strong bakers', $5, on track, Toronto. Manitoba Wheat No. 1 Northern, nom- inal at 11.131-2. Bay poru: No. 2 at $1.10. and No. 3 at $1.07, Bay ports. Feed wheat HI . at <>-. Bay ports. Ontario Wheat-No. 2 white, red and mixed, 97 to 98c, outside; new wheat, 92 to 93c, outside. PeaH Nominal. <>.., New oatB, 40o here, and old at 43 to 431-2c. Toronto. No. 2 W. C. oats, 451-2o, Bay ports. Barley Lower grades, 58 to 63c, out- side. Corn No. 2 American yellow, 85c, on track, Bay ports, and 89 to 99c, Toronto; No. 3, 88c. Toronto, and 87o, Bay ports. Eye- Nominal. Buck-,v heatNominal. Bran Manitoba bran, $22, In bags, To- ronto freight. Hhorts, $23. COUNTRY PRODUCE. Butter Dairy, choice, 25 to 26o; bakers', inferior. 21c; choice dairy, tubs, 23 to 24c; creamery, 27 to 28c for rolls, aud 26 to 261-2c for solida. Kggs -Case lots of new laid, 26 to 27o per dozen: freuh, 24c. Cheese- New cheese. 141-4 to 14 l-2c for largo, and 14 1-2 to 14 3-4c for twins. Beans Hand-picked, $3 per bushel; primes. $2.85 to $2.90. Honey Extracted, in tins, quoted at 111-2 to 121-2c per Ib. for No. 1. whole- sale; combs. $225 to $3, wholesale. Poultry- Wholesale prices of choice dressed poultry :- Chickens. 16 to 18c per Ib.; hens, 13 to 14c ; ducklinga, 14 to 15c. Live poultry, about 2<: lower than the above. Potatoes Canadian, new, 65 to 75c per bushel. PROVISIONS. Bacon Long clepr. 131-2 to 14o per Ib., In case lots. Pork -Short cut, $24.50 to $25; do., mess, $20 to $21. Hams Medium to light, 17 to 171-2c; heavy. 151-2 to 16c; rolls. 131-2 to 133-4c; breakfast ba- oon, 18 to 181-2c; backs, 20 to 20 l-2c. Lard Tierces, 13o; tubs, 131-4c; pails. 13 l-2o. BALED HAY AND STRAW. Baled Hay-No. 1 new hay, $12 to $13, on track. Toronto; No. 2, $10 to $11 ; clover. mixed. $8 to $9. Baled Straw-SlO 1* 10.50, on track, To- ronto. MONTREAL MARKETS. Montreal. Sept. 3. Oats Canadian Western. No. 2. 481-2 to 49p; do.. No. 3. 47 to 471-2c: extra No. 1 feed. 481-2 to 49c. Barley Manitoba feed. 63 to Me; malting, 80c. Flour Manitoba Spring wheat patents, first*, $5.80; do., second*. $5.30; strong bakers'. $5.10; Winter pat- ents, choice, $5.25; straight rollers. $485 to $490: do., in bags. $2.25 to $2.30. Rolled o;its Barrels, $5.05; bag of 90 Ibs.. $2.40 Millfced- Bran. $22; shorts. $26: middlings $28; mouillic. $30 to $34. Hay No. 2, per ton, car lots, $16 to $16.50. Cheese Fin- est westerns, 131-2 to 135-8c. ; do., easterns, 13 to 13 1-4. Butter Choicest creamery. 261-4 to 261-2c: seconds. 251-2 to 26c. KgKS Selected. 28 to 29c: No. 2 stock. 19 to 20c. Potatoes Per bag, car lots, $1.10 to 41.15. UNITED STATES MARKETS. Minneapolis, Sept. 3. Wheat- Septem- ber. 913-4 to 917-8c: December, 923-4 to 927.Sc: May. 973-8c: No. 1 hard. $1.003-8: No. 1 Northern. 927-8 to 997-8r; No. 2 Northern. 827-8 to %7-Sc. No. 3 yellow corn, 77 1-2 to 78c. No. 3 white ont. 31 to 311-Zo. No. 2 rye, 63 to 64 l-2e. Bran, $19 to $19.50. Flour Leading local pat- ents in wood, F.I i. Minneapolis $465 to $4.95; other patents, $4.50 to S485: first clears, $3.50 to $3.1)0; second clears, $2.60 to $2.90. Dulnth. Sept. 3. Wheat No. 1 North- ern. 981-4 to 981-4c; No. 2 Northern. % 1-4 to %3-8c; September, 94 l-4c bid: Decem- ber, 931-2c: May, 98c askrd. LIVE STOCK MARKETS. Montreal. Sept. 3 Top sheers. $6 to W.- 35; good, $5.90 to $6.15; fair. $5.45 to $5.- 70; medium. $5.20 to $5.40. Butchers' hulls averaged $2 to $3: canning bulls. $1.50 to $1.75. ButchiTH' cows, $4.40 to $4.60: good, $4.10 to $4.25; fair. $385 tip to $4, and poor to medium, $2.50 to $3.50. Canners and boners, $1.50 to $2.25. Old sheep, 3 1-2 to 4 l-2c per Ib. Spring lamhx. 61-4 to 61-2c pur Ib. Select hogs. $8.50; BOWS, $7. and stags, $4 per cwt.. off ran. Grans calves, $8 to $12 each. Milk calves, $3 to $7 each, according to site and qua- lity. Toronto, Sept. 3. One prime stoer, weighing 1.250 pounds, sold at $7 and Bpveral nt $6.90. Canners were a little easier, going at from $1 50 to $2.50. Lamhi are now down to $6.75. Sheep remained about the same. Calves were steady at $3.50 to $9. Hogs wore a trifle firmer, bringing $8.70. TURN YOUR TIME INTO MONET There U a flrm In Toronto who give him dredD of men and women an opportunity to earn from $250.00 to $1.500.00 every year with hut little effort. This flrm manufac- ture* reliable family remedies, beautiful toilet preparation! and many neceitiary houw-hold good!), auch as baking powder, wanning comjxmmln. Rtove, furniture and metal noliHhcH, In all over one hnndred preparations that every home tines every day. .1 u .' one peraon in each tonality can secure exclimive right free to distribute th< preparations to their neighbor*. They pay 100 per cent, commission to their agent*. Don't you think you better In- crease your income? If BO, write The ll.imr Rupply Co., I), n- 20, Merrill Build- ing, Toronto, Out., for full particulars. IF YOU HAVE MONEY TO INVEST write for our Sep- tember List of INVESTMENT SECURITIES and our free Book- let: "Whiit a Bond Investment means." They may holp you. CANADA SECURITIES CORPORATION LTD. mlnUn CiprMi BN(., Mntral MoMlnnen Building. - Toronto U Cornhlll, - - L*nd*n, Cn|. Conforms fo tfie fagfi sfandard o i/lett'a for five hundred purposes GILLET PERF15 Made in Caryada STRANDED IN ANTIPODES Money for Passage Home Cabled by Government to Vancouver Cadets A despatch from Ottawa says : The Dominion Government has just come to the rescue of a company of Canadian cadets who are far from home. Some weeks ago arrange- ments were made for a visit of ca- dets from Vancouver to Australia, the funds being provided by private subscription. The cadets in due course said au revoir to the shores of Canada and started across the Pacific. They were given a royal reception in the Commonwealth, and a somewhat extended itinerary was arranged for them there. The Canadians were scoring peaceful victories in unbroken succession, when the disquieting discovery was made that the funds hereinbefore mentioned were dwindling with un- expected and alarming rapidity. The financial situation became more acute as the tour continued, until at last the company was con- fronted with the possibility of hav- ing to spend the rest of its days in Australia for lack of the means to return. In this painful extremity an appeal was made to the Govern- ment at Ottawa. .The consideration given to th supplication of the Canadians ex- patriated in the Antipodes was careful, but sympathetic. It has been decided that a perfectly good company of youthful citizens is worth bringing back to Canada, and, following this decision, the sum of one thousand dollars is be>- ing sent by cable to Capt. Havey, who is in command of the cadets. MAKING SAFE INVESH WHAT A BOND REALLY IS AND HOW YOU GET YOUR INTEREST. An ExampU of How Bonds are Issued A Big Mortgage Divided In Equal Parts- What the "Coupons" are and How Thty are Used. The irtlcle* contributed by "InTestor" re for the sole purpose of gnlding pro* pectire investors, and. if possible, of saT ing them from losing money throusli placing it in "wild-cat" enterprises. Th Impartial and reliable charac:er ot the Information may be relied upon. The riter of these articles and the publisher ol this paper hne no Interests to wrve in connection with this matter oihr thin those of the reader. (By "Investor.") "What are these stocks you aro selling anyhow?" a*kcd a mail of a bond MUM- uiau this wvuk. Now to explain just what a bond is to a person who is entirely unacquainted with the general terminology of finance is by no means an rai-y matter. The easiest way to do it is to tako him a bond and show it to him. Although this matter has been explain- ed in this column about a year ago it is perhaps pcrmissabU 1 , in view of tho fact that there i.- so much uncertainty on the question to refer to it again. Now, tiike a large company like the M.I i-\ ll.n r - Company, which, by the way, has issued no bonds, so we may use it as au example. Suppose they should want to buy some more land to extfiid their factories (as they did a year ago) and it so happened that it was not pos- mble to ru-f the ticct-spary manry from their shareholders. The amount requir- ed, lot us sny, to buy the land and ercc't and equip the plant is $2,000.000. Now conceivably they could go to one man and borrow the money from him on a mortgage. That is quite poHSible, but al- together improbable, for no one man would be likely to care to put so great a sum into one security. To get around this difficulty here s what they do. They go to a big bond hoiittp and toll them the circumstances and offer them the mortgage, winch they buy. Their plant, equipment, lauda, and all other as- sets are mortgaged to a trustee, usually a trust company. The truxt company, in- stead of turning over to the bond BOOM this mortgage, turns orer to it 2000 small mortgages, each one representing one two-thousandth of the $2,000,000 mortgage of a par value of $1,000 each. Kvery one of thcue would bear on its face an ab- breviated form of the big mortgage and each would be signed by the president and the secretary of the Massey-HiirriK Company. Each would also be endorsed by an officer of tho Trust Company to show that it was properly ixxued. In other words, the bond is merely a sub- divided mortgage, each bond ranking equally with every other bond and equ- ally secure. In this way the bond house which buys the mortgage, instead of hav- ing to place tho whole mortgage with ouo man, may sell it to 2,000 investors, giving each a thousand dollar bond. But this is not all. Suppose this issue we are speaking of has fifteen years to run. Hi" interest, as is usual with in- dustrial bonds of this nature, will be at the rate of six per cent, per annum, pay- able half yearly. When the bond is print- ed It has ID addition to the abbreviated mortgage another sheet containing "coupons," one for each Interest date, r thirty in all. Each one is a small bond, or better, a small cheque, signed by the secretary of the company, the first ono stating that on January 1st. 1913, (or whenever the interest is due) a certain bank will pay to bearer. WO. The next one will state tha. on July 1st. 1913. the same bank will pay the bearer $50. and o on until the bond matures, and is paid in full. All the owner of a bond hns to do is to take out his bond at the lime the interest i" due, take a pair of scifnors and cut off the couj>on. This he deiwiwitB in his bank just as he would a cheque, and spends the money. (Of coarse, the moitBage may be subdivided other than in the manner augeested.) Mo^t bondi are now it-sued in denominations of II.- 000. S500. and $100. But whether they ar $5.000 eaeh as many old issues were dt- vided or $100. at the present time, ihe principle in tho sanir. and the bonds .ir equally secure Tim half-yearly coupon on the $100 bond is only $3. instead of $30 on the !.000 bond, but the security is eia.'tly the same. When you so. :\ chance have a look at a bond. That will make it much clearer. NARCOTIC IMPORTS. HiK Increase in Canada in First Four Months. A despatch from Ottawa says : According to a Government return the importation of narooticc into Canada has grown heavily in tho first four months of th current fis- cal year. The importation of pure cocaine was one hundred and thir- ty-eeven ounces as against thirty- five in the whole of last year. In the four months nine hundred and thirty- throe pounds of crude opium was brought in. The total impor- tation of this last year, was five thoutand and seventeen pounds ; powdered opium imports in four months were one hundred and for- ty-four pounds, as compared with two hundred and fifty-five for the whole of last year. FOUND SNAKE IN MII.K. Montreal Woman Made St.-irtling Discovery. A despatch from Montreal sayR : After opening a bottle of milk on Thursday morning Mrs. Rosa La- mothe, Workman Street, was hor- rified when a small snake sprang to the ground and lay there hissing. Having recovered from her fright Mrs. LanKithe telephoned the Health Department, which sent an inspector to the house to kill the reptile. The snake was of the> harmless variety, and it is supposed that it either fell into a milk-pail or was in the water with which tho bottle was washed. POTATO YIELD VERY HEAVY Dealers are Buying Very Lightly, Expecting the Prices to Decline A despatch front Toronto says : The consumer is at last to (?et re- lief from the high prices of pota- toes. The potato crop re]Krta from all potato growing districts show an unusually heavy yield. The west- | ern part of Ontario and the. vicinity i of Orangeville, as well as the Mari- time Provinces aud the Delaware Valley, all have excellent yields. The acreage this year has greatly increased. Since last week the prieo of tu- bers has fallen off 35 per bag whole- sale. In a few days the retail prices will be 85 to 90 cents per hag, whereas last winter, Torontonians paid $2 per bag for potatoes im- ported from Ireland. The loeivl dealers, both retail and wholesale, are buying very lightly, expecting the drop to take place any time now. The cool weather for the past month, followed by rains, has played great havoc among the field crops, but it has been ideal for po- tatoes, aud unless rain followed by a very hot sun overtakes the grow- ers before harvesting operations are completed, the yield "ill be a reeord-brcaker .