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Flesherton Advance, 31 Aug 1911, p. 3

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THIRTY-EIGBT lET DEATH Terrible Wreck on the Lehigh Valley Railroad Near Manchester, KY. A despatch from Manchester, N. Y., says: â€" Speeding eastward be- hifttl time, Lehigh Valley passenger train No. 4 ran into a sprca<I rail on a trestle near here on Friday and two day coaches from the mid- nection vi the train plunged down- ward forty feet, striking the east embankment like a pair of project- iles. In the awful plunge and crash at least thirey-scven persons are believed to have been killed and more than sixty injured. The in- juriea of several are so serious that it is feared they will die. The wreck was the worst in the history of the Leiiigh Valley line in this (tate and one of the most disasti't ous ever recorded on the system. Crowded with passengers, many of whom were war veterans and e.tcur- iionints from the Grand Army of the Republic encampment at R«'.chester, train No. 4. made up of fourteen cars, drawn by two big nio^l en- gines, was forty minutes late when it reached Rochester Junction, and from there sped eastward to make up time before reaching Geneva. . The engine and two day coaches hiWJ just passed the centre of a four-ii.'ndred-foot trestle over Can- andaigiia outlet, 150 yards east of the station at Manchester, at 12.35 o'clock, when the Pullman car Aus- tin, the thitd car of a long train, left the rails. It dragged the din- ing car with it and two day coaches and two Pullmans, in this order, fol- lowed. .\I1 bumped over the ties a short distance when the <.'ouplin.g between day coach No. 237 and the rear end of the diner broke. The forward «nd of the train dragffetl the derail- ed Pullman car Austin and the din- er over safely, after which both plunged down the south embank- ment an<I rolled over. The free end of the ill-fated Lehigh Valley day coach, where most of the slaughter occured. shoved out over the gulf end, followed by a Grand Trunk day coach, stripped the r<?ar guard off the soutii side of the trestle and plunged to the shallow river bed more than forty feet below. The end >A the first day coach that went over struck the east embank- ment of solid masonry and, with the other sixty-foot cars behind it. both shot against the wall with terrific force. Both oars were filled with human- ity an the plunge wa.s made, and in a few minutes the cars lay, a mass of crumbled wood, metal and glass, under which a hundred men, women and children, many of whom were killed instantly, were buried. The most destruction occurred in the day coach No. 237, and a dozen per- sons were later taken dead from the second day coach, which, having fol- lowed the first over the trestle, suapped its rear coupling and thus saved the rest of the train from be- ing dragged over. This second day coach struck on the bottom and stood up, the rear end projecting a few feet above the top of the trestle. Allot the pas- sengers in this car were piled in a tangled mass of broken seats at the bottom of the car. Indescrable pandemonium follow- ed. The Pullman car. Enielyn. which remained on the bridge, with one end projecting over the gulch, and several cars behind it, derailed, and n inimedoate danger of going over on the mass of wreckage below, were soon emptied of all their pas- sengers, and these, aided by gangs of railroa<l employes from the big freight yard-i at Manchester, rush- ed to aid. As the groans of the in>- jured and dying were heard below, all poJ^^sible speed was made, but it was several minutes before anybody reached the cars at the bottom tt effect rescues. It was necessary to chop through the sides and bottom and the work of removing the victims moved with painful slowness. Death had come swiftly to many, a large number of the <lead having had their skulls crushed in when they were thrown with terrible velocity against the car seats and projections. The mortality was high amoig the older passengers, most of whom were bat- tle-scarred veterans of the Civil War and their wives. LOSS OF $2,500,000. Extraordinary Elfeet ot the Strike ou British IJucs. A despatch from London says.â€" British railways lest considerably more than iJ5O0,0&3 as a result of th© two d*yo' strike last week. Tlie truffiic roturns publis.'ied Friday night !;how an aggregate dt,'io.i.->'> of £4^5.000, whereas und«r normal rondilioDs (.n InoTtasa of £60,000 might hav« been looked for. On the Loodoa ftnd North- W •stern the falling off waa £101,000, on the Kreat Western £01,000, on the Mid- land Lin* X.") 1,000, and on the Lan- tashire and Yorkshire, and North- Eastern about £.';0,000 in each case. Df course, some of the traflfic, on ihe big trade lines especially, is aierely delayed, and there ought to be unnsiially good returns for the aext week or tv.o, but much of the revenue is irretrievably lost. BURN ED AT THE STAKE. 3,000 .Von. Women and Cbildren Watched the Lynching. A despatch from Purcell, Okla- homa, says,â€" While 3,000 men, wo- men and children stood by shouting their approval, Peter Carter, a negro, who had been captured by the members of his own race, identi- I fied as the man who Wednesday night attacked Mrs. Minnie Sprag- j gins, wife of a farmer, was burned to death on a brush pile in the niain street of Purcell at five o'clock on Thursday afternoon. Deputy Sheriff Hayes and Under Sheriff Farris, who attempted to rescue the negro from the crowd, were over- powered an<l locked in the Court- house. Too many people waste their time in condemning the work of others instead of spending it in irying to improve their own. fl Se A MEAL Young Woman Held Bottle of Alcohol Over Stove, Which Exploded. A despatch from Cornwall, Ont., )ays :â€" .\ terrible accident took I lace at the home of F. E. Bailey, lasscna on Thursday, when his )ldcst dtuglit^r, Mis.3 Mal)el IJailey, »ue flf the most popular young adieu in Ma.'^sena, w.as fatally n'rn?<l. Mis.'? Bailey and her uioth- tr v.crc preparing supper by an alcolio! ste\e. nnd Mabel l>e'Ul tlie bottle of alcohol in her hand while lighting tt:<', Htove. The fUiiU ex- hiik'tt in her hand. feMio©-fiitC;-..to er clothiftx. She- iushe*V from the use and threw hertelf on the jraSH ip uP effort to extinguisb the flames, and was assisted by sever- al neighbors who saw her rush out. It was some time before the doctors arrived, but within fifteen or twenty minutes there were five of them working over her. Her legs were horribly burned from the ankles to the body, and her arms nearly to her shoulders. From the start the doctors, realized that she. was so badly burned she could not recov- er, ami their efforts were mainly directed to. lefseninfihei: suffei^Bgs. 8he diei about twelve, heurs after the aec'.dert. She was 2fi years of age, and wa« T«ry popular* PRICES OF FAEH PRODUCTS' Ltl'OUTS FUOM THE LEADING TRADE CENTRES QW AUECICA. PHccs of Cattle, r.rain, Chcwe and Other IM-odiicc at Borne and Abroad. BHEADSTCFFS. Toronto, Aug. 29. -Flour-Winter wheat 90 per cent, paleiitH. $3.35 to $3.40. Moiit- roal treielit. Manitoba flours-First pat- cms. f-S.SO: HiHond puti-uts, $4.80; and ^^trong bakers', $4.60. on track, Toronto. Manitoba wheat No. 1 .Northern, $1.- 041-2, Bay ports; No. 2 at $1,031-2; and -No. 3 at $1.01 1-2. Ontario wheat Now No. 2 at a2e, out- side, and old at 83 to 84c, outside. Peas- 87 to 88e, f.o.b. tare, outside. Oats- Ontario ijradeH, 40c outside, for â- No. 2, and 43e, on traeli, Torouto. New No. 2 at 37e, outside. No. 2 W. C. oats at 421-2c, and No. 3 at 41 l-2c, Bay porto. Cornâ€" No. 2 Aineriunn yellow, 06 l-2e. Bay porta, and Tie, Toronto. Rye -There i» none offering, and prices are nominal. Buckwheat -Nothing offering. Branâ€" Manitobus at $22, in bags, To- ronto, and sUortrt $25, in bags. Torouto. Ontario bran, $22, in bags, Toronto. COUNTRY PRODUCE, Eo-iUBâ€" Small lotH, $2.20 to $2.25. Honeyâ€" Kxtrnctcd, in tins, 21 to 21c per lb. CombH, $2 to $2.60. Baled hay -No. 1 nt $13 to $14, ou track, and No. 2 at $11 to $!4. Baled btra\v-.»6 to $6.60, on track, To- ronto. Potatoesâ€" New, in barrels, $4.50. and per buNh, $1.25 to $1.50. Poultry -Ducks. live, U to 12c; heus, alive. 12 to 13c; chicks, live, 13 to 15c. BATTLE WITI DESPESADOES Winnipeg Policeman Shot and Another a Target for a Fusilade. BUTfEE AND ECUS. Butterâ€" Dairy prints, 20 to 21c; infer- ior, 15 to 17e. l'r«ainery 25 to 26c per lb. for rollH, and 23 to 24c for solids. Eggs Strictly new-laid, 22 to 23e, and fresh at 18 to 19c per dozen, in case lots. HOG PRODUCTS. Baconâ€" Long clear, 113-4c per lb., in case lots. Pork, short cut. $23; do., mess .•i!21. Uamsâ€" Medium to light, 17 to 18c; do., heavy, 15 1-2 to 16e ; rolls, 111-2 to 12c; breakfast bauon, 17 to 18c; back, 191-2 to 2(k.'. Lardâ€" Tierces, 101-2c; tubs, 103-4c; pails, lie. BUSINESS AT UONrREAL. Montreal. Aug. 29. â€" Oats. â€" C. W. No. 2, 43 3-4 to 44c, car lots, ex-store; extra No. 1 feed, 431-4 to 431-2e; No. 3 ('. W.. 42 3-4 Uj 43. Flour-Manitoba Spring wheat patents, firsts. $5.40; sec- onds, $4 90; winter wheat patents. $4.- 50 to .'54.75; strong bakers', $4.70; straight rollers, $4 to $4.10; in bags. $1.85 to «2. Rolled oats-Per barrel, $4.75; bag ol 90 lbs., .$2.25. (.'ornâ€" American. .No. 3 yellow, 70c. Millteed Bran, Ontario, $22 to 623; .Manitoba. $21 to $22; middlings, Ontario, $25 to $26; shorts, Manitoba, $24; mou- illie, $25 to $31. Eggs-Selected, 22 to 24c; fresh, 171-2 to 18c; No. 1 stock, 181-2 to 20c. Cheese-Westerns, 12 3-4 to 13 l-8c ; Essterns, 121-2 to 12 5-8e. Butter -Choi- cest, 24 1-4 to 241-2c; sccoude, 23 to E4c. A despatch from Winnipeg says : Constable Trainer was allot in the lung and Constable Brown was fired at 15 times, but not hit, bv three huuse-brcakers whom the j(- ficers were trying to arrest in Elmwood and Xurlh Winnipeg on Wcdnesda}' afiernoDn. Trainer is in a serious condition. Two men are now in the cells. The ijnli'rj were notified that honse-breaic^rs were at work about 3 o'clock, and Constable Trainer, on his motor- cycle, started for Elmwood, un- armed. He was informed that tlio man had gone to the segiegatc-ci district, and located thera at a house on Rachael street. He was reCused admission, and on going ui the rear door was shot 'n the hip and laid out. Constable B-o\vi>. who had ehcn sent t his as;-T,- ance, set off after the men. as they left the house, and all ^f th;>n opened fire on him in the street, and of 13 shuts sent i.: liis dii'er- tion only one same near hitting liitn, tuUijig a hole in the lei; .f his trousers. With anot'ier illicer he suctceded in cornen;ig the t>io in luiclid street, a few blocks fv<ini the segregated area. The tinai ea))ture of the desperad.ies was due to the presence -if mind and ciiuragc of a yoirthful c'vilia:i The fugitives held i;p .'i li'ollcy ear uii Euclid Avenue, but the ci- vilian, hearing the police whistle, and seeing the fugitives urging the motorman to hasten, pulled off t!i" trtilley. The men then back-'d i ut of the car, covering the passen- "gers and crew, and commandeered a horse and buggy driving by. T.hj same youthful civilian grabbed t'.o horse's head and ducked a fusilade of biiilets from the two de-ip'ira- does, thus delaying them till liie police arrived and effected thsr capture. Two of the men rirr'st- ed gave their names as Harry Ivoljy and Frank Jones, both of Min.ica- liolis. UNITED .STATES MARKETS. Buffalo. Aug. 29. - Spring wheatâ€" No. 1 Northern, carloads, store, $1.18; Winter, No. 2 red, 92 l-2c ; No. 3 red, 91c; No. 2 white, 90e. Cornâ€" No. 3 yellow, 68 l-4c ; No. 4 yellow, 66 l-2e ; No. 3 corn, 66 l-4c, all on track, through billed. Oatsâ€" No. 2 whit«, 43c; No. 3 white. 42 l-4c ; No. 4 white, 411-4c. Barley-Malting, $1.14 to $1.22. Minneapolis, Aug. 29.-Wheatâ€" Septem- ber. $1,02 3-4; December, $1,03 5-8; May, 81.- 071-4; No. 1 hard, $1,07 3-4; No. 1 North- ern, $1,04 3-4 to $1,071-4; No. 2 Northern. 993-4C to $1,05 3-4; No. 3 wheat, 96 3- 4c to $1,02 3-4. Corn -No. 3 yellow, 621-2c. Oats -No. 2 white, 41 1-4 to 41 l-2e. Rye- No. 2, 78 to 80c. Bran- $20.50 to $21. Flour â€"First patents, $5 to $5.20; second pat- ents, $4.50 to $4.75; first clears, $3.35 to $3.55; second clears, $2.35 to $2.50. LIVE STOCK MARKETS. Montre.il. Aug. 29.-A fairly active trade was done, with sales of choice steers at 6 l-4c, good at 5 3-4 to 6o, fairly good at 51-4 to 5 l-2c. fair at 4 3-4 to 6e, and common at 4 l-2c per pound. Cows from 4 to 51-2c, and bulls at from 3 to 41-2c per pound as to (luality. Lambs sold at 6c and sheep at 4c per pound. The demand for calves was good, and sales were -uado at prices ranging from $5.00 to 810 each, as to size and quality. Sales of selected hogs were made ut $7.50, and mixed and heavy lots at from .$6 to $7.25 per cwt., weighted off cars. WESTERNERS TO TR.WEL. Proiiiiiiont Biisincs.s Men Will Visit Groat Britain >'e.\t Year. A despatch from Winnipeg says, â€"One hundred prominent Western Canada business men will visit the chief industrial cities of Great Britain during June next year. This was definitely decided at a directors' meeting of the Winnipeg Industrial Bureau on Thursday. Leading financial and commercial men representing all Western cities, will be invited to accompany the Winnipeg party, covering six weeks' itinerary abroad _*- CUOLEHA CLOSES SCHOOLS. TwcDiy-cight Deaths a Day Report- ed io Con»tantiuoi)Ic. A despatch from Constantinople says : There were twenty-eight deaths from cholera here in ^he twenty-.f»ur hours en<iing W««lne8- jlay mkiiugbt, awi fift^'-.fiv* new cases reported. All the school* in the city bavebecQ closeil. MAKING SAFE ItiVESIiHIS SAFETY OF A BOND DOES NOT DEPEND ON STABILITY OF MARKET PRICE How necessary It is tor a man to know what his requirements are before Invest- 1 Ing-How soma high class Securities sag! In tha Market without any doubt as to their safety- A moral drawn from the recent (allure of the BIrkback Dank ' which was caused by not observine carefully the nature ot Us reaulrements. (By "Investor") In the first of this series it was shown that "distribution ot risk ' is an import- ant principle of investment. It is a very simple one, however, involving no very contused ideas. There is anc'ier princi- ple to be borne in mind wlien mukiug lu- vestmeuts which is of no less importance, bat it is, however, considerably less ob- vious to those whose investment experj- ouce is smallâ€" and even td many who should understand its actions thoroughly. This is the principle of investment "iu accordance with actlul retiuireuients. ' Suppose a man went to a doctor and de- manded a prescription saying he was ill but refused to give his symptoms; you would consider that man a fit subject for a lunatic asylum. Yet he is not much more insane than the man who writes to an investment house and makes the bald statement that he desires to invest buch- undsuch a sum of money and asks them to recommend it security without staling any further particulars. Last week we saw that there are at least Sve impurtaut points tu be considered in investing in ac- cordance with our actual requirements. It is necesbary to know all the •symptome of the case" in order to pick a security and to leLomeud an investmcut fullilling the necesKary points. Just to-day tor ex- ample I received a letter from a man who asked if a certain stock was a good investment. And it was a good invest- ment for certain classes of investors, but for many others it was most decidedly not so. Vet without giving any particulars ae to whether ho was rich or poor; wheth- er he desired great safety or a high in- come; if be required a readily saleable stock or not; he wanted advice. As well ask a physician if a mustard plaster ia good for a sick man without any des- cription as to his particular ailment. So these points are not to be passed over without careful study, and if this study ia given them it will result in your in- vesting your money in a manner which will give you the greatest satisfaction. There arc two of these points quite likely to bo contused "Safety of Principal" and "Stability of Market Price." Yet when investing in any security except shares of stock, these points are utterly dissimilar. Why stocks are excepted will be taken up in another article as the explanation in- volves some special features too lengthy for the present discussion. For example. Consolsâ€" the famous abbre- viation for Consolidated Debt of Great Britainâ€" have declined over twenty-five points in the market durine the past ten years, although there has not been the leaht feeling that they were not perfect- ly scinjre. (.'onsols have for years been the premier investment security ot the world and the alteration in quoted pri(e has absolutely no effect upon their safety to the investor who, without any desire ever to sell, bought at par; for of course when the Uovernment decide to re- pay them tlipy will do so at par: but for the man to wliom stability of market was a first consideration a more unfortunate high class investment could not have been chosen. Take the Birkback bank which in- vested heavily in Consols. The Directors bought a security and paid a high price for the element of safety, while stability of market iirice should have been their first thought. As a result of their lack of Judgment aud carelessness in diagnos- ing their retjiiirements. the bank was fore ed lo close its doors. So ton ihe man with a surplus bupiily of funds, wiiich he may require at au indefinite period in the fut- ure, but meantime desires a better rate oi Interest than saving banks allow, must chose an investment which will en- ublo liim to rcaliio on his huldiugs at short notice with little or no loss. Of course there are securities of this sort. Bonds which are within a very few years of maturityâ€" when tbey will be paid at par present this feature very strongly. The stock of a bank such as the Bank of -Montreal, Bank of Nova Scotia or of several others of equal merit are excellent mediums lor the investor who wants a fairly high and certain retiiru and an excellent chance iu the long run cf appreciating in value; but the fluctua- tions of price which have beset all bank stocks in the uiarUut during the past cich- teen months makes them a decidedly unde- sirable form of investment when stability is the prime essential. The fluctuatione had absolutely notbing to do with the condition of the banks themselveeâ€" ecldom have they done a better or more profitable business. The cause was quite reniuved from that and will bo tnkeu up fully within the nejt week or two. These brief examples serve to show not only the difference between "safety" and "stability of market price" but also In- dicate the importance of knowing what you want and getting it. NEVER ANY FAILURE OR DISAPPOINTMENT WHEN MAGIC BAKING POWDER IS USED. CONTAINS NO ALUM. COSTS NO MORE THAN THE ORDINARY KINDS. MADE m CANADA IHE NEWS IN A PARAGRAPII n.M'rKNINCS FIIOM ALL OYEI THE (.LORE n A MiSUKLL. Cannda, tbc Empire and the Uorld io General Uefuro Vour EfCB. C.\N.\D.V. Sugar was advanced by ten ccntt piT hundred pounds. Mr. N;ithan O\erholt was kille<l by a train ni Gi'iinsby Beach. Mrs. Allen Kain died at London frnm injuries received in jumping off a muving street car. I Canal traffic .shows a falling oB I fijr July, cheiily on account <jf tha decline in <jre .shipping. I The agreement liy which the C. P, I H. ihtain an interest in the Qiiebetj |Cciitia! ha.s been coiiipletcd. and ; awaits llie ratification uf l!ie tectiri" KLNG M.VMELS INCOME. Portuguese (â- overniiient Saj» He OMO».<iilO,0(l().OOII. ,\ dcspntcli frum Lisbon saye : That the Uovernment has ascer- taitied that King Manuel is indebt- ed to the country in the sum of .$10,000,000. and accordingly will withdraw Manuels monthly lemit- tancc, as liis property is valued at only $5,000,000. It is said that the Uovernment has asked King Victor EnDinanuel of Italy to set- tle the debts of the late Queen Maria Pia, which amount to $1,- •250.000, and that the King has re- fused. ty holders of the smaller railway .'^ Bids for the const iMiction •)! tha new navy are still being consider ed at Ottawa, and it is not itkelj that the contract will be aw.i/'<Je<l for some time. tiJlE.XT BHIT.MN. The British Hous-e of Common* adjourned. The Duke of .Siitlierland airived in Montreal on his way west, wlioi-a he has bi^iight largo tracts of laiul The last census returns giv« Greater London a population lil 7,232,ft03. The Liverpool strike was settle^ by the rc-employment uf tramway men. GENERAL. Leonardo da Vinci's masterpiece, "Lii Ula<,'<)ndo." has disappeared from the Loiivre. Paris. COPPER fflllESJllMlifi OUT End of the Michigan Industry Is In Sight Says Mining Expert. A despatch from Detroit, Mich., says : That the end of the copper mining industry in Michigan ie in sight, and that it will not be many years before the supposedly inex- haustible supply of ore in the up- per peninsula will have been reach- ed, is among the startling disclo- sures made .by James B. Finlay, the N«.w Yorl^ mining exgept, who has bf^eu appraiting theiftiaevjiro.- perties of the State at the instance «{ the Legielaturtt for tho past three months. His report was sub- mitted to the State Board of Equa- lization on Wednesday. Tho Board will use Uiis report as a new banis for taxing tho mines of the State. His outlook for the iron district is more encouraging, and the valua- tion he places on the iron mines is considerably higher. The iron district is appraised at $119,485,000. In his opinion the resources of thia ragfoa are sufficient to maintam an output of fO,000,6oO tens »year for 40 years. AND STILL TIIEY CO. ME. Imniif^ration Returns for July Show .Marked Iiierpa.se. A despatch from Ottawa, says :â€" j During the month uf July, 20,081' 'immigrants ani\cd in Canada, LS,- •609 at ocean ports and ll,0i2 from the Uiiilod States. As compared with July of last year, tho increase j is 17 per cent. Vor July last year i the figures weie Hi, 019 at ocean i ports and 9,188 .Vmericaiis. For the i four monllis of the current fiscal year arrivals at ocean ports mira- 1 bored 1'JT.!'25 and from tho United j States 5-1.81 1, iiiakins? a total iin- I mi.nration from .\pril to July in- j elusive of ISS.T.'ia. The correspond- I ins months last year gave I00.a72 at ocean ports and o-t.OOO .Americans^ making .a total of 155, .571. ! TWO .UOUi: HODIES FOIM). More ViL-liiiiH A(I''.e(l (o .Vci-oiint of (lie Purciiitiiio I'irc. .\ despatch from Porcupine saysi Evidence lliat the total number of de.^d in tltc Porcupine fire ^^ill never hv- known is plainly siunvn by the discovery of the remains of two nion recently. One find "a» ma<Io by J. J. .Anderson, who ivas looking over soino timber on tho Chish.jlm Vet in Tisdale. The ^k.ill of a man anil a part of a han<J uu- dor a sinall ledgo of rock s.io-.mhI that the victim sought refuge f'-orn the lire-:4hcre a.nd lost liis life. An- other sfciill lias been found n«?ni» Simp««iB»i^ikv. ifl tlKS niwUienv T>ar| of DcloKi. This victiiti tried. ' i es- cape tjio ilADies in a swainpt

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