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WHAT HIE SAO PAULO AM RIO SHARE- HOLDERS WILL GET Details of the Generous Plum Danger of Being Carried Away by Good Fortune of Others- How to Speculate if You are Bound to Take a Chance Avoid Marginal Speculations and Buy Outright. Ih article* contributed r>y M InTitor ar for tb o!e parpow of guiding pro* pectlrc Investor*, and. If t,osilb'.e. of ' Ing them from losing mony thrones ulaclni It In "wild-cat" enterprises. Tn Imimrtlal and rellabU character of th information mar b rHed upon writer of Uie.e articles and th i>uhllinr f this paper baT no tntereit* to to eonnectlon with this matter othat toot* ot the reader. (By "Investor.") The on topic of conrersatlon In the market during the past '" " In^ri. "What will happen to Rio and Rao Paulo." Now that thin qiwiitton hai i beeu annwored and the xciteme*t Incldantal thcrMo eomewhat lemoned, tnreetor* and peculator! are asking themselTee and Yrybody they meet jut what the new order of thing* will bring about. A new company with a modeit capital ot 1120000.000 lias been formed to be known aa the Brazilian Tramways Company, or aonie similar name. This company u to take over the share* of the Kio d Janeiro Tramway Light and Power Company, giv- ing In exrhanice it n.ock in the ratio or four unarm of Braiilian preference shares and four share* of common for each five Rio share*. The preferred shares will bear dividend* at the rate of sii per cent., and the dirwtors state that probably ill ner cent, will !>e paid on the common t->ck. Tliat will mean that Bio share- holders will come out with a nice iiibKtan- tl.il profit. For eiample. the nw prefer- en f ahares ahould sell at around 10J or 104 The common hares should also sell around par. for although not so high BUM a hecurity as the preference, the common stock ha* a (trc-i < hance to take advant- ac* of the fntur<- famines of the company, whirh cannot fall to be great. Bo the bolder of t<-n nhares of Hlo will get stock worth at Irani 41.6K that i eight shares of preferred worth 101. or *824. and eight abnros of common worth 100. or *800. In ooint of dividends the present holder of ton share* get* 50 year. In future lie will get $96. and of eource mure when the dividend* are Inereawd. In the case of Sao Paulo the IBltfehoM- >rs. of course. K<-t a larger proiKirtionale slice of tli new company. For t-ach nhnre of s.i.i Paulo -li.ir-.' and a half of the now !.'.! i- I I'.'l an e<|iial nmonnt of common an' to h" given. Thun. the holder of ten h.ii>- of riao Paulo will oom* out as follow*, flgnrinir on the probable mar- ket prices i-iti-d above: IS Share*, preferred 11.545 IS Rhare*. rommon 1.500 tJ.04S Or sn equivalent of 304 for his stock In the present company, while hi- dividends will He I'M a year !nntead of 1100, a* they are at prevent. That. In brief, in the .' f1 , is no quention of the very good fortune of the shareholders. Vnlorlun^^.i^-r^ one great drawback. Many people who know little or nothing about ocal and geneTa flnincial oonditlons will jump inW ?he stock market In the vain hope of mak. ln a similar "killing." Aud tn 90 per cent, of the cases they won t. Now. I have no quarrel with people who Invest In stocks. Investing in **/ be done wisely, so as to make a tidy prt. and at the same time take no more than *n ordinary business rink, but those who do invest In tola fauhlon Invest. They do not speculate. No man who buys on mar- gin can be eald to invest; he speculates, and too often speculation Is just another term for gambling. A man may look around the market at the present time, and after carefully look- ing at all sldea of the question, decide that a certain company Is in good shape, its earnings showing regular increases over a series of years and a good and growing market for Its product U may be gas. electric light, or ploughs. All com- panies. Industrial, public service or finan- cial, should be considered along almost identical lines, with the few variations pointed out at various times In this col- umn. After deciding that the company s future Is bright the ncrt step la to de- cide whether or not the company 8 shares have not already discounted this future as Tar ag the market Is concerned. If the stock is returning about 61-2 or 7 per cent, on the market value, and earmncs apnear to justify an increase in dividends before long, it i a good buy. Pay for it outright and put It away until your judg- ment ha* been justified. Then, if you want to take a profit ell. At all event < your Income will nhowa very handnomu rate of interest on your investment. On the other hand, a few years ago a man decided jUHt theite points about Sao Paulo. H< bought it at 156 and put up a 20 point margin. Then the hard times of 1907 came and Sao Paulo went down to 140. He hud only four points of margin left, so his brokers called him for more. He put up another "0 poinU. Still the Htoek declined, and at 120 in deperatlon he old out. Later the stock sold at 98. At that prlre another man who had also studied condition*, bought it and i>aiil for it In full. This year, only four yean af- terwards, he old his stock at 254. and wonld have made more If he had had patience. These two men had exactly the sams idea. They were both right, but on* took the wronr way of obtaining his end. Tic took a chance and the market wenl agoln*t him. If he had bought outrirht he wouldn't havo made an much as num- ber 2. bnt he would have made 100 points and got 10 per cent, dividends 666 per cent, on his lnetment--durinu the four years. Bnt he was a *peculatnr and loit There Is a very obvious moral. Chairman Dominion Railway Board Poverty in the City Housing the Poor Echoes of Bygone Days. Ilun. W. J. Hanna, Prorlnclal Rrrrttajy. \ U again In the limi* light In connection with Hi.- i')i i.i in in-,)!, ii of i-lii Dominion ttailwav Board. It IH curious to noM how many puHiiioiiH Mr. Hanna'i name hai K. "ii MMwlatod with during tha pail live i-iiri. K"r a long t m<- there wa* a ru- mor nv NT rinif about once a month that he H.I, iroinff Into Dominion politic*. Then WptMBbeV, 1911. came and PIIMMX!, and It wan Mr. (Vwhrnnu who wnt. In oonneo- ti-iii with tliiH inndmit there in an Inter- < 'inif atory, that Mr. llanna oould have brim th* campaign oriraniRpr for Ontario jual an he wax ill 1908. and probably nub- eqiifiitly a Dominion Cabinet Miniater. but that hi- KU<*HH<'d wrong an to the pro- bauln n . nil Hut that may ha jut a yarn. Then, there have boon remittent runioTH thai Mr. Koy would TttHign and u,.i Mr. II. n. P. i would bn the next AVtor- n-i il.-iii il And it ban hpn amorally undiTKiiM>d that n matters nto<l h wan th loKK-al .'i. ' i of Hir .l.nnr Whit- ney. At one liint he * i . offered the po- nition of (>n'|Mjral ion Connae) of Toronto at a fat na)ary, a iio.ition which aftor- warils wrnt to Mr. I>r:vvtn, and In thix ronnection it wa* iii'rn'Mtinjr to nee tho other day an interview with Mr. Drayton, In which he told of harinff il.-. IIM.-.I tha Hallway Hoard Chaii'maiiMliip. Hut IIH .111- lini". Mr. ll.tnn.'i h.i Ht.-iyod on yeur after rar a* I'rorinrial Hec.ret.iry. PI.AVKD WITH THK WAIFH. Mr. Hanna'H heart iriem and good humor re InfertiotiH. He IOTCK children. ODO day a group of little waif* were waiting t the t'arliamont building! to *m om official. Mr. Ilaiina corralled thorn, took them Into bin luxurioun nrirate office, to which millionaire* comr-tlme* Impatiently wait admittance, '<' had a half-hour'* g<nl pl.iy with them. An tn hi* mental capanlty, It I* doubt- ful if hi* prt-Ki'iit poDition ban revealed hi* r.-al worth to the publio. The rontlniioni Unking up of hi* name with come new poiitlon ha* no doubt reflected a popular notion that he wan ton big a man for tho ponltlnn if Provincial Herretary. POVERTY IN TORONTO. In the mldot of hounding pro*prrliy, and of mere ming luxury for the claumi ther 11 urobahly more acut* poverty In To- ronto than ever hi>for. Thli i* merely the history of larce citien everywhere, but It I* diiu-ouraKing to tho wliu hopnd that we In Canada might avoid >'.ni nf the vllii which IIBVK grown HII In tha old world. A "Krr*h Air Fund," collecting money to give picnic* to children 'who would not otherwiin be able to luve a tingle half-diy'i ontlng on the bench or In the country during the minimer." nnnimmy-u that l-t rummer it wnH n'c<rary to nc- nominodate nr>t !< than VOOO Toronto nhlldren. The tcntlinoiiv of other funrtH and charltieii I* to the damn .-!Te. t. Kroui which It may b dednrved tlmt \hre nr unward* of 2,000 fnmllie* In the rlly who oondl;ion i* one approaching. If not al- reidy arrived at. abject poverty. There I* no luck of work fur bntli men and women who will work. The trouhla In moat i,.- U a reitnlt nf l..-.-i nblft- leMnem and vice, chiefly drunkKiinemi. We r developing our profiort.lan of "unein- ployable*, 1ha am a old-world oltleil. Dennlte Immlgrnllon lawn, which are >.up Dooed to iielude all nuiib, tliey nomellipe* el In. Rut the ,,i.|r fant I* that mnu.v nf them are Canadian burn and bred. The lure of the cily attract* the dron well the sold. NKW FAT) FOR ' HOIISTNO." Tn . init.i.-i i.in with charitable work, the lafdt f<l I* nehemel for houolng the jjeor, Ihe "h'Mialng problem" It U called Verbap* "fad" II a too demvatorv wor>! tn anolr "i an enterprlne that it alto rellier <v>mnindahl. In Kiifland houu Irif lehoin** a< nn new irheme, and lil> har* no doubt do<v4 goo<1 In thmr way. It It doubtful If they hav accom- plished i 'i ''"'I they have born aimed at. lnnt.Mil of abolishing HliiniH they have i-iiniily ahifted their location. Now a company of public-iipirlted oltl- r.i'iii, hai been organised to lay out a few acrcH of in.'d.'i i '< in " '! Toronto land it i. mil homes of model itaiign and con- ntriH-tion for poor people. It il to be hoped they will nnhiove tholr purpose. Certainly thre li neod of Home reliel for overcrowding. Within the last few dayi -.'in. iii IndiHorlbable. condition* have been dlsoovrred in wverul wr.tion* of the city. In OUR IIOUMI of ton roonm ten faro Illca were found to be living. In another houae of moderate Him 77 !.- . - wore found. And, of courne. overcrowding i nearly alwayi accompanied by Rocla V|CCB: i.. i eiamplr. In <>n<> Hinull Iioutto one woman wnn found living with twenty in.'ii In nearly all thoae und Himllar case-i the men are forcignd-H. who Inft cundl tlonn in I.MI..I.. probably worse than thote in which tli. v arc now. PAHHINQ OK UOVKKNMKNT ItOrjfl] The bountiful old grounda nf Govern incut IlniiHK at 1hn corner of Hlmeoo an( Kinir street* urn no more, anil tho Ian venture f the houw Itself will noon hnvo 'I i ... !;" . r.'.l A huil.liM < *\ ].-. kcr pal( *2.800 for the privilege of tearing the place down. Tho imiiiixlH have beon ploughed up anil levolled; a beautiful ra vine, where a creek rippled in the old day before all Toronto'8 crwka were turnei Into WWCI'H, IIHH diHappcarcd. The beau tlful olfl elniR hnvo been turnml into cord wood, and the whole Hcflne vnrien not a all from that which may be HCOI nny where that a railway in pilttiiiK in new HliHiiRK. Tho biiildinir dauid only from 1874; before that UN Kiln wai a favorite picnic! . i..- uriiund "out in the country.' for the cily of that date lav to the cant When it wan coimtnictcd the adjoining rtreete. Day, Hinicon and Wellinctxin, lie cnrne the fashionable dititrict, jiiet a I'h.ii'l.'v Park, live miles awny, la now havlnv Iti li.-.in MORE KCHOKH Or' FlYflONK DAVfi. Nnarby wan tho reidence of Hir M.n t mr Clark, ono of tlin Uncut of Its clay which now alno muknn way for tho (1. P II freicht yurdH. Kor tin* laxt twnnl; vi-ara Hir Mortimer niftmril to follow Ih procoHftlon to tiro <uHkirt,i. but braved th Bluoke anil noin of Inintltig trainn an i'ni..i .1 < The rexiilonce of Willinm Cav Una. landed proprietor, tlin i ,. li. . T< roDtoniun of hid (lay, and founder of th fuwttira CKtate.. who duriii tli<' Crimc:i war lined to take hm dcpoHltR in silver to 1ho bank I" u wliccllnirrow. him bee turned Into a bnnk. U KtiindH at th nortli-enflt corner of Huy nnd l.n. 'I 1 !..- lat Holdwin Hmlllrn "i!r:vngo" 1m hpon tnrnpd Into an Art Oallery. Th IIOIIHC built in 1K2 by Hir William Oump liell, then Chlnf foiilo*, nl the corner c Kri'drrirk and Ilnke, mirvivcH IIH part i H homo-null fiictory. f.KT ACQUAINTED WITH YOU M.n.inioiis. IF yon in.- (nntoel In uppenranc* nn ixjiirtoii In your rummer, j"> will h welcomed In nvery home In yur locality nhnn you IIP- nliowiitR Maniple* of our HI porior toilet |f'>'l>. liiiU!M'li<ilil HCOMlltl* anil rrliKhl ronipillcn Hn- iMllflkotla which our irooilo (tivv, plucoH the U-<M under :in nhllifn: Inn to you. which win 'or you ilu- miniH IC,.,..TI. pHt/'em, und II I.HI i" frltndahlp nlvn th* prlt, phyii cian. or imHtor. nnd you will nmke nior money from your iiparo tiniK thmi yo dream nf, hmdm null nf [riud Thin I* your opportunity for plraH.in prnntfthlit niirf n.'i an ri'ui hnaiiipftii At .inn I'm Home Hupply ('n, Dcpt ZO, Mr rill i. -i. i I. MIC. Toronto, Oat. 'RICES OF FARM PRODUCTS EPOHTS PROM TMB LEAOINO TBADi CENTRES OP AMERICA. rlcM of Cattle, Grain, Cheat* and Otnar Product at Horn* and Abroad, BBEADSTUFF8. Toronto. July 2. Floor Winter wheat. H pr cent, patent*. $4.20 to 4.5. at sea- oard. and at $4.25 to 439 for home con- MIIII. i.. n. Manitoba floura First patenti. 570; eeoond patents, $5.20. and utrong alters'. *5. on track. Toronto. Manitoba Wheat No. 1 Northern, II.- > 1-2, Bay ports; No. 2 at $1.101-2, and o. S at $1.071-2, Bay ports. Feed wheat * fluoted at M to 65o. Bay ports. Ontario Wheat-No. 2 white, red and lixed $1.06. outside. Peas-No. 2 shipping peas. $1.25, out- Oats-Car lota of No. 2 Ontario, 48 to 8 1-Ze, and No. S at 47o. outside. No. 2 Ontario, 51 to 5M-2c. on track. Toronto. o. 1 extra W. C. feed, 49c, Bay ports; and To. 1 at 48c. Bay ports. Barley Prices nominal. Corn No. J American yellow. 78c, on rack. Bay ports, and at 82c. Toronto. Bye Price* nominal. Buckwheat Prices nominal. Bran Manitoba bran, $22, in bags, To- onto freight. Shorts, $25. COUNTRY PRODUCE. Beans Small lots of hand-picked $3 per UBhel; primes. $2.65 to $2.75. Honey Extracted, In tins, 11 to 12o per b. Combs. $2.50 to $2.75 per dozen. Baled Hay-No. 1 at $19, on track. To- onto. No. 2 at |16 to $17. and mixed t $11 to $12. Baled Straw-$10 to $11. on track, To- onto. Potatoes-Car lots of Ontarlos, In bags. 1.50, and Delawares at $1.70. Poultry Wholesale prices of choice .reused poultry: Chickens. IS to 17o per b.; fowl. U to 12c; turkeys. 15 to lc. <ivi> poultry, about 2c lower than the above. BUTTER, EGOS, CHEESE. Butter Dairy, choice. 22 to 23c; bakers', nferior, 19 to 20c; creamery, 25 to 26c for oils, and 24 to 25c for solids. EggB 22 to 23c per doie'n. Cheese -New cheene. 14 to 14 l-2c per Ib. noa PRODUCTS. Bacon Long clear, 14 to 141-2c per Ib.. n case lots. Pork Short cut. $24 to $25; do., mesa. $20.50 to $21. HaniK Medium light. 171-2 to 18c: heavy. 161-2 tn 17e; oil*, li to 131-2c; breakfast bacon, 181-2r; larky. 20 to 21c. Lard - Tiercea. 135-4c; tubs. 14c; paila. 4 l-2c. MONTREAL MARKETS. Montreal. July 2. Oats, Canadian West- ern. No. 2. 511-2 to 52c; Canadian West- ern. No. 3. 49 to 491-2r; extra No. 1 feed. 501-2 to blc. Barley. Man. feed. 641-2 to 65c; iiKiltMiir $1.06 to $1.07. Buckwhea:. No. 2. tl 05 to $1.10. Flour. Man.. Spring wheat patent!), firsts. $5.80; seconds, $5.30; strong bakers', $5.10; Winter patents, choice. $5.40 to $5.50; straight rollern. $4.. 95 to $500; straight rollers, bags. $2.40 to $2.46. Rolled nata. barrels. $5.05; bags, 90 hs., $2.40. Bran, $22.00. Shorts. $26. Middlings. $28.00 to $30.00. Mouillie. $30.00 o $34.00. II. iv. No. 2, per ton. car lots, $1900 to $20.00. Cheese, lineal Westerns. 27-8 to 131-8c; Uncut easterns, 121-4 to 2 l-2r. Butter, choicest creamery, 24 1-2 to Be; seconds. 24 to 24 l-4c. Kern, selected, 25 to 26c; No. 2 stock, 15 to 16c. Potatoes, per bag. car lots. $1.50 to $1.60. UNITED STATES MARKETS. Minneapolis. July 2. Wheat July. $1.- 095-8 to $1.093-4; September. $1.0454: De- cember. $1.051-8; No. 1 hard. $1.121-8; No. 1 Northern. $1115-8; No. 2 Northern. $1.- 101-8. No. 3 yellow corn, 72 to 73c. No. 3 white oats. 49 to 49 l-2c. No. 2 rye. 73 to 74o. Bran, $20 to $20.50. Flour First pat- ants, $5.40 to $5.65: second patents, $5.10 to $5.35: flrit clenrn, $3.80 to $4.05; second learn. $2.70 tn $300. Buffalo, July 2.- Spring wheat No. 1 Northern, carloads Htore, $1.181-4; Win- ter, no offerings. Corn Strong. Oati No. t whlui. 671-4c: No. 3 white. 661-4c; No. 4 white. 551-40. LIVE STOCK MARKETS. Montreal. July 2. A few top quality steers aolrt at $8 to $8.25, while the lower trades sold at from $4.00 to $5.50 per cwt. [nferinr butchers' rattle ranged from $2- 50 to $3.50, while the better grades wld at from $4.50 to $6.50 per cwt. The top price realized for the bout bulls offered was $5.50. and the common sold from that down to $3.50 per cwt. Shonp declined 50c jo $1.00 per cwt., on account of the In- Teased supply, and salr wro made at M.OO to $4.50 per cwt. The demand for lambs WHS good at $8.00 per nwt.. and calres sold at from $300 to $8.00 enrh, as \n site and quality. Hog prices declined 15 to 25c per cwt.. with sales of fwlected lots at $8.8$ to $9.00. and mlxcil loti at W.50 per cwt., weighed off cars. AN AGE LIMIT. Civil Service Cnmmis.sion'8 AD- ii.niiK niii'iil. A despatch from Ottawa says : Consternation lias been created in the civil service hrre by tho action of the Civil Service Commission, which has ruled that ponding a de- nite regulation of the Cabinet, to which the matter has been referred, no official of 05 years or up- wards shall be eligible for promo- tion. In the meantime the promo- tion of nearly a dozen capable men has been hold up and many others wlm liavo reached the age limit are on the anxious seat. The statutes of 1H70 contain a minute laying down nn age limit of 60 years, but this has been a dead letter for years. Commissioner Shortt, how ever, nays the present action of the Commission \K not based on this, but on the practice in Great Britain and ttie (Tinted States. ' The Commission lias wide discretionary powers in a matter of this kind. Officials throughout the country are affected. ll.U'll.U'S TO Cl RE CHOLERA. Pasteur Doctor* Think They Mny Have found Solution. A despatch from Paris says: The Matin ways that, tho physicians at the Pasteur Institute at Tunis claim to have achieved a success with the. new prophylactic method of treat ing Asiatic cholera. Briefly, it con Hints of injwtioii of the comma biveil li found in the intestines (if choir rn patients. It i saiil that the blooc thereby heroines extremely rich am renders people immune from the contagion. Three physicians, Ni colic, ('oner and Conseil. exprri indited on themselves, und also swallowed the bacilli. Dr. Koux in reporting the matter to the Aoad omy <>f Sciences, aid that even if the eflicacy of the experiments were not proved, they were intones and de-served to be followed up. THE NEWS IIU PARAGRAPH flAPPENINUS FROM ALL OTEB THE GLOBE IN A NUTSHELL. Canada, tho Empire and the World IB General Before Yonr Evea. CANADA. The fire loss at Chicoutimi, Que., is now placed at $1,250,000. A Norwegian lumber vessel is on the rocks off the Labrador coast. Peter Blue, a surveyor, was drowned while swimming in Porcu- pine Lake. The garment manufacturers in Montreal refused the strikers' re- quest for a conference. W. H. Walsh, famed as a detec- tive in the early Yukon days, is dead at Vancouver, aged 47. It is believed that Major Q. H. Baker, M.P. for Brome, will be ap- pointed Solicitor-General o! Can- ada. The 13th Royal Regiment, Hamil- ton, is planning to celebrate its semi-centennial in September. The Mackenzie interests are said to have acquired control of the Do- minion Power & Transmission Com- pany, Hamilton. Owing to the dockers' strike an Atlantic liner returned to Mont- real with the same cargo she carried from this side. John Cummings, sentenced to hang at Montreal for wife murder, has been granted a stay of execu- tion until October. Ray Williams was drowned anel the freighter Bothnia sank when it collided with tho steamer Currie in St. Clair River. Census returns show the urban population of Canada is increasing much faster than the rural. LOOK THE BLUE PACKAGE LABEL ON PACKAGE: is BLUE. ^ NO OTHER COLOR EVER USED ON ^ ROYAL YE AST REMEMBER THE COLOR BLUE EWGILLETTCQLTQ TORONTO ONT. AN ORCIiRD Arranged by Department of Agriculture and Fruit Growers' Association GREAT BRITAIN. Three suffragettes were arreste* in the precincts of the British FTonse of Commons, after smashing door panels. There were disorderly scenes in .he British House of Commons when a Socialist member made an attack on Premier Asquith. The picture known as "Rem- >randt's Father," purchased as a copy, but declared to be the origi- nal, has been sold for $112,500. UNITED STATES. Edward Ska of Detroit, a native of Canada, was killed in an auto accident. Detroit police believe they have ihe two men who held up the Royal Rank in Vancouver in January. 3ne had nearly $4,000 in Canadian currency. GENERAL. A German airship with twelve passengers made a nine-hours' flight over the North Sea. Col. Jose Ramorez. formerly di- rector-general of telegraph* and telephones, Nicaragua, was a-ssassi- nate-d. British troops were despatched 'rom Hong Kong to guard the fron- tier. The city of Canton is in a fer- ment. "HEARING" THE LIGHT. The Oplophono Is (he Invention of Fonrnior D'Albe. A despatch from London say* : A blind man stood in the middle of a largo room at the Optical Confer ence Exhibition in London on Wed- nesday and told, without uaing the sense of touch, how many windows were in the room, and how many persons were between himself and the wall. He did it by "hearing," light and whodo. The medium of the seeming miracle was the optophone, a wonderful invention of Mr. Four- nier D'Albe, the well-known scien- tist and Celtic scholar. The opto- phone make* light and darkness audible. The. invention is based on the metal selenium's well-known property of being affected by light Mr. Fournier D'Albo contrive-s to make the- effect of light on the pas- sage of electric currents through selenium appreciable in a telephone receiver, and clock work mechanism ean bo adjusted so that darknesa is audible, and bright light silent, or vice versa. Tlve apparatus is contained in an oblong box about 26 inches long and eight inches deep. A despatch from Toronto saya : The Department of Agriculture and the Ontario Fruit Growers' Associa- tion have arranged to conduct an orchard competition in the Province this year. For the purpose the Province has been divided into six districts, in each of which prizes will be given, ranging from $15 to $75, according to the acreage. The districts are : No. 1, Eastern Ontario, compris- ing Lennox, Addington, Frontenac, Renfrew, Leeds, Lanark, Gren- ville, CarletoTi, Dundas, Russell, Stormont, Glengarry, and Prescott. No. 2, Lake Ontario, comprising Halton, Peel, York, Ontario, Dur- ham, Northumberland, Hastings, and Prince Edward. No. 3, Niagara, comprising Lin- coln and Wentworth. No. 4, Lake Erie, comprising E*- sex, Kent, Elgin, Norfolk, Haldi- raand, Welland, Brant, Oxford, MkUUesex. No. 5, Lake Huron and Georgian Bay, comprising Lambton, Huron, Bruce, Grey, Simcoe. No. 6, Centre Ontario, compris- ing Victoria, Peterboro, Dufferin, Waterloo, Wellington. Perth. In District No. 3 all the fruits and grapce will be included in th competition, but in other district* the competition will be limited to apples. H1TNDB1D8 1'KRINH. Destroys a Mexican City. A despatch from Los Angeles, California, says : The city of Gu- anijunto, Mexico, was destroyed and severeal hundred lives lost as the result of a flood following a cloudburst a few days ago. Des- patches received from the Mexican capital on Thursday give out de- tails. Tho water rose so quickly that hundreds of puens living along the river were overwhelmed. Fow houses in the lower part of the city were loft intact, and the Jurdiii del Oantador, or singing garden, said to have been one of the most beau- tiful in the world, was entirely wauhed awav. toge.thor with more than fifty private mirks situated along the banks uf the river nt the foot of Mount San Nicholas. SEA SALMON LANDLOCKED. Intrresting Capture Made in Algon- quin Park. A despatch from Ottawa says : A remarkable fact has just come to light in the capture of a specimen of landlocked salmon in Algonquin Park. The fish was sent to Ottawa to be examined by Prof. Prince, Dominion Commissioner of Fisher- ies, as many sportsmen at the park contended that it was not a sal- mon but a hybrid specimen. Prof. Prince pronounces the fish a true salmon and one of the .finest he has seen. Its weight was nearly two pounds. The discovery ia an im- portant one for sportsmen in the Province. SIXTEEN DEAD OF PLAGUE. U. S. Authorities Take Chnrge of Situation in Porto Rico. A despatch from San Junn, Porto Rico, says : American medical offi- cers will take charge of the situa- tion here in an endeavor to stamp out speedily the bubonic plague. Sixteen deaths have occurred from bubonic in Porto Rico. Certificates of health are now made compul- sory for persons leaving San Juan, on account of protests received from residents of interior towns. EMBARGO ON LIVE STOCK. (iuelph Sheep Importer's Trip to Scotland May Be Fruitless. A despatch from Guelph says : Mr. George Whitelaw has received word that the Canadian Govern- ment has put an embargo on th importation of live stock from the old lands, on account ol the out- break of the foot-and-mouth disease there. This will mean that the trip of his brother, who is at present in Scotland after Leicester sheep, will be fruitless, unless he had the sheep on the water at the time that the embargo was placed on. FRENCH Gl'N EXPLOSION. Twenty-throe OIHeers and MOB Were Injured. A despatch from Toulon. France, says : During the practice aboard the French armored cruiser Julea Michelet on Wednesday off Hyerea Islands a premature explosion ol a sixteen centimetre gun occurred. Three officers and twenty seamen were injured. One of the latter died in the hospital, and four others are in a critical condition. The charge was fired as it was being pushed into the gun. IN CANADA A Blue Book G-ives Some Added Inform a tion Covering Population, A despatch from Ottawa say* : Some additional details respecting the census are set forth in a blue book just, issued. Tho largest gain in the period of forty years was made by Montreal, being 365,480; the second largest by Toronto, being 317,538; the third largest by Winnipeg, being 135,794. Vancouver's growth was 100,401 in less than 30 years. Males totalled 3,821,067, and fe- males 3,383,771. Males, single, numbered 8,369,- 160, and females, single, 1,941,514. Males, married, were 1,331,564, and females, married, 1,251,182. Widowers totalled 89,121, and widows 179.59H. Divorcees numbered 1,530. Comparing the four first classes by percentages of population in 1871 and 1911, males increased during the 40 years by 2,056,756, and fe- males by 1,668,321 ; single males by 1,185,373 and single females by 842,138; married males by 788,527 and married females by 708,843; widowed males by 51,634 and wi- dowed females by 99,703. Tho number of occupied dwell- ings in the sub-districts of the Do- minion in 1911, was 1,413,913, and the number of families, 1,488,353, compared with 1,028.892 dwelling* and 1,070,747 families in 1901. The average number of persons per dwelling in 1911 was 5.0!K>. and per family. 4.841. compared with a\erages of 5.220 per dwelling and o.OlG per family in 1901. BONDS PAYING 6/ o INTEREST j The First Mortgage Bonds of Price Bros. & Company at their present price pay 6 per cent interest. The security they offer is first mortgage on 6.000 sqn.ire miles of pulp ami timber l.mcls scattered throughout the Province of Quebec. The timber is insured with Lloyils of England against loss from fire. The earn- ings at present are suflident to pay bond interest twice over, and when the mill now in course of construction is in operation, earnings will be enormously increased. Thcsa bonds can be quick.'y converted into cash, as there is a ready market for them. *l From standpoint* of interest return and security, thrie bomls constitute an investment of excep- lu'n.-V hifV -i.-ler. Thr is every reason to believe these bond* will cuiukterably increase 10 value, \Vo will hs gUl to send you literature further dWCriblai these bomln. pnvAi SECURITIES KU I AL CORPORATION BAMIT rkE* M/\wrL-vAi mill nlhir*. v/\u/*r> & MIX . BANK OF MONTREAL BUILDING R. M. WHITE Mini:or LIMITF; YONGE AND QUEEN STREETS TORONTO 'OUtBI^C'HALI^^X-OTTAWA LONDON lENO.)