The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

Mrs. Wm. Kernaghan, Cart- wright, Man. says: “I always use Babyis Own Tablets and find them an excellent remedy for little, ones.” .Thousands of other mo- thers say the same thing, eimply be- cause they have found the Tablets the best medicine to give their little ones to make teething easy; to ex- pel worms; relieve constipation and to make baby plump, healthy and strong. The Tablets are sold by medicine dealers or by mail, at 25 .cents a, box from The Dr. WilJ iljam-s’ Medicine 00., B'rockville, The keel was laid in the Harland and Wolff yards some weeks ago. In view of recent events it has been decided to equip her with double cellular sides and bottom like those of the Mauretania. and Lusitania. Lord Pirrie, the head of the firm, is credited with the statement that he never witnessed a. launch with- out feeling he could produce a. bet ter boat if he began again. No doubt the f‘Titanic’s” experience has confirmed that view. 800!) HEALTH Though nothing official has been announéed in regard to the 54,000- ton liner “Gigantic” that is to re- place the “Titanic” on the Atlantic service of the White Star Line, it is understood that the great disaster has decided the Belfast builders to make an alteration in her plans. Before the White Star and Cu- nard Atlantic giants came into be- ing, England built her first levia-‘ than and called her the “Great Eastern.” She was a failure, and early in her career ran on a rock that tore her shell for one-seventh of her length. But; she had this double form of bottom and sides, so she was towed in safety into port. Both British and German owners have been badly shaken by the “Ti- tanic” loss. Though Germany is building three 50,000â€"ton lxéviathans for the Hamburg-Amerika Line. there is no German dry-dock big enough yet to accommodate. them. If an accident happened to them to- day while afloat. they would have to make for Belfast. At Southampton and Belfast (lrydock provision is be- ing made for vessels of nearly 900 feet. while on the Mersey and the Clyde LOGOâ€"feet drydocks are being built. BABY’S OWN TABLETS A MOTHER’S STANDBY They Need the New Blood Dr. Wil- liam's Pink Pills Actually Make. Dr. Williams’ Pink Pills a‘re sold by all medicine dealers or can be had by mail at 50 cents a, box or six boxes for $2.50 from The Dr. Wil- gams’ Medicine - Co., Brockville, nt. Perhaps you have noticed that your daughter in her “teens” has developed a fitful temper, is rest- less and excitable. That she com- plains of weakness and depression, feels tired out after a little exer- tion, appetite variable, complains of hadachcs and is growing pale. In that case remember that the march of time is leading her on to womanâ€" hood, and that at this period a great responsibility rests upon mothers. These are symptoms of anaemiaâ€" that is bloodlessness, and no time should»be lost in increasing and enâ€" riching the blood supply. Unheal- thy girlhood almost always leads to unhealthy womanhood. All young girls in their teens need the help of Dr. Williains’ Pink Pills, which en- rich and increase the blood supply, and give sickly drooping girls the brightness and charm of perfect health. In proof of this Miss Zola Gordier, Morrisburg, Ont., says: “I was pale and bloodless and suf- fered from many of the symptoms of anaemia. I would tire easily and sufiered from frequent headaches. My appetite was poor and I was very pale and easily discouraged. The medicine I was taking did not seem to help me, and then one day I read the story of a young girl who suffered similarly and was cured through the use of Dr. Williams’ Pink Pills.‘ I got three boxes of the pills and started to take them. Be- fore they were done I began to feel better and look better. Then I got half a dozen more boxes, and be- fore they were all used I was en- joying the best of health, and have continued to do so since. My young brother was troubled with rheuma- tism. and they completely cured him.” MONSTER WHITE STAR LINER. Steamer Gigantic 'Will Have New Double Shell. HIR Yflllflfl GIRL If a. farmerhad $1,’.-.Jwith which '.e_ buy stock for his farm would he spend it all for a pedigreed bull if he could buy no more? If you had $10,000 to invest would you put it all into one security? If you and the farmer were wise equally the answer would be an unhesitating nega- tive. Yet. when it comes to investment many people place all their money in one security. The farmer's bull might die; your security might fall on evil days. Two bulls would be less risk. Twenty head of cattle would be little risk. A few years ago a bank invested all its available funds in one security. It bought all it could with'its own and its depositors’ money and borrowed more. Something went wrong‘things seldom go smoothly at firstâ€"and the bank had to borrow still more. Finally the crash came and the Farmers' Bank failed with prac- tically all its assets locked up in the Keeley mine. The crash was inevitable, of course, but the ghastly folly of the di- redtors putting all th' shereholders’ money into one seen ty-and that a, mineâ€"was an error which no intelligent investor would ever be guilty of when bu_ying for hiinselj. Even when buying bonds, this distribu- tion of risk. as it is called. is a, very in portanl: matter. If you look over the in- vestmen‘ts of the insurance companies you will find’ this followed closely. In the Insurance Blue Book issued by the finance department at Ottawa all the in- vestments of the insurance companies are given in detail. One of the smaller life companies fills three pages with its mu- nicipal investments alone. Then it has sound corporation bonds. such as those of electric light, power and tramway com- panies, some industrial bonds and a small but select list of bank stocks, and a few of those like C. P. 1%.. but not many. Then they have mortgages and loans se- cured by collateralâ€"chiefly bonds. Then one can find the securities of foreign gov- ernments. including such high-grade stuff as British cousols. In short, the distri- bution of risk theory is followed to a commendable extreme. The good old rule, "Never put all your eggs in one basket." is one of the most; important that. the investor can follow, and then even if his judgment is at fault his average over any ten securitiesâ€"un- less they are all minesâ€"will be much bet ter thanjf he oglly purqhaseq age. The benefit of this is obvious. A few years ago the Sovereign bank found it had too many Chicago and Milwaukee bonds for the good of its health and incontinently was wound up. At the same time several insurance companies had to write ofl’ seventy-five per cent. of the par value of these bonds. Did they fall? Why. no. The advance in the price of their other investments more than (meet, this relatively small loss. But had they not followed the old advice about their eggs there might have been trouble. The Activity in the local Over-seas Club, occasioned by a visit of Honorary Organ- izer, Mr. Evelyn Wrench, of London, Eng, calls attention to various activities which have already been launched, or are under way, with a view to demonstrating to Canadians their duty of assuming a sub- stantial share in the maintenance of the British Navy. There are many signs which point to the conclusion that we are soon to have an important discussion 6n this question. There have recently been a. number of significant editorials in the Toronto News. edited by Mr. J S. Willi- son. who is generally understood to have fairly intimate relations with Premier Borden. These pronouncements advocate the immediate contribution by Canada of two Dreadnoughts. to be followed by a permanent organization. Whether this represents the opinion of the Government it is impossible at this time to say. The politicians on both sides have shown some diflidence in grappling with the question‘ The. annual'Universit-y of Toronto con- vocation, recurring each year in thevearly days of leafy June, marks the close of oollegenctivities for the academic year. and sends the last contingent of the stu- dent brigade. numbering many thousands, to their homes for the summer. gl‘he cere- mony of convocation, as now carried out. brings a. touch of old-world picturesque- ness to this very material and commerci- alized city. A procession of professors and such students as remain in the city. consisting chiefly of the graduating class, all clad in mortar-board caps and gowns. forms at. the main university building in Queen's Park and marches across the lawn to the new Convocation Hall where the proceedings are held. The chief func- tion of the day is the conferring of the new degrees. The proceedings are en- livened by the students’ exuberant inter- ruptions, their feelings thus finding a free outlet after being pent up through the long examination grind of the last few months. Afterwards there is a garden party. when good-byes are said and stu- dent life for the year is at an end. President R. A. Falconer, after a. five- year tenure of office, commands general respect. It is generally believed that; he is‘lookiug after the details of the admin- istration with wisdom. The students like him, though he is hardly the heroic fig- ure to his flock that some university lead- ers in other centres have been. A NAVY CONTROVERSY LOOMS UP. The University of Toronto. with its many allied colleges, is now in point of attend- ance, one of the largest universities in the world. Judged from this point of view it has outdistanced such famous and time-honored institutions as Oxford and Cambridge. But there is a question in some minds as to whether it is yet influencing the life of the nation to the extent that it ought. in view of the num- ber of its graduates and the money that is being spent on it. There is a. disposi- tion in some quarters to criticize the method by which it is managed. Its af- fairs are controlled almost entirely by a. Board of Governors appointed by the Pro- vincial Government. this Board consist- ing of eminent business men. There seems to be a tendency on the part of this Board to run the institution after the fashion of a private business and it may be that a little more publicity and a greater effort to bring the university into touch with the lives of the people would be a. good thing. MAKING SAFE INVESTMENTS “Never Put All Your Eggs In One Basket”â€"This Should be the Investor’s Mottoâ€"What Happened to Several Prominent Investors Who Overlooked This Idea. TORONTO OOBBESPONDONOE Univeréity of Toronto Convocationâ€"The Navy Questionâ€"Toronto Spreading Outâ€"The Weather. ONE OF THE BIG UNIVERSITIES Since the Slugger, Coffee, Was Abandoned. Coffee probably causes more bilâ€" iousness and so-called malaria than any one other thingâ€"even bad cli- mate. (Tea is just as harmful as cofiee because it contains caffeine, the drug in coffee). A Ft. Worth man says: “I have always been of a bilious temperament, subject to malaria. and up to one year ago a perfect slave to coffee. At times I would be covered with boils and full of ma- larial poison, was very nervous and had swimming in the head. “I don’t know how it happened, but I finally became convinced that my sickness was due to the use of coffee, and a little less than a year ago I stopped coffee and began drinking Postum. “From that time I have not had a boil, not had malaria at all, have gained 15 pounds good solid weight and know beyond all doubt this is due to the use of Postum in place of coffee as I have taken no medi~ cine at all. “Postum has certainly made healthy, red blood for me in place of the blood that coffee drinking impoverished and made unhealthy.” Name given by Canadian Postum Co., Windsor, Ont. Postum makes red blood. “There’s a reason,” and it is ex- plained in the llttle book, “The Road to Wdlville” Vinrpkgs. Ever road the above 1min" A new om appears from mm to limo. They'uo asnulnonruamnd full of human Murat. Following the “hottest summer” M 1911 and the coldest Winter we have just passed through the wettest spring and people are wondering what our weather is coming to. The effect on 1rade has been depressing. The soda fountain men are in the dumps. So 'are the storekeep- era with summer goods. ‘Straw hats fur- nish a striking illustra't'ioii. Last vear straw hat stocks were hal sold out by the middle of May. This year. the last of the month saw only an odd man hem and there on the street wearing a straw hat and the stores in lespe'm‘jon put- ting on “Backward Straw Hat Seabun’ sales at greatly reduced prices. North Toronto is the last independent suburb of the city to be annexed. To- ronto Junction, five miles west of the cor- ner of King and Yonge streets, East To- ronto to the east, Wychwood to the northwest and other areas, all have been taken in, while North Toronto. beginning soarcely more than two miles straight up Yonge street, has remained out. Opposi- tion to the inclusion of this district has come in part from owners of vacant land in the city limits who don't want more competition. The statement is made that Toronto has room for 260,000 more people without enlarging its areas. This state- ment has never been clearly demonstrat- ed. and it is doubtful if there is room for such a. growth without serious over- crowding. Certainly there is to the casual observer very little vacant space in To- ronto to-day. All the choice building ter- ritories have been filled up with amar ing_ rapidity and large sections. 'hich ,,A Jr-_ Sovereign bank forgot it. however, and there was trouble: The Over-seas Club hitherto has consist- ed‘ largely of recent arrivals from Bri- taln. but an efl‘ort is being made to bring natwe Canadians more prominently into the organization. Mr. Wrench is a. young Englishman of very pleasing qualities and marked ability. It is generally under- stood that the chief personality behind the movement is Lord Northclifie, the famous London newspaper publisher. who is an ardent Im erialist. Earl Grey. re- cently Governor ener'al, is also much in- terested. it may complicate matters when Toronto takes over and runs its own street rail- way, as it expects to do nine years hence. Probably both municipalities will vote (fmt the annexation question in the near 11 ure. .u, -wr...u,,, “N- "fine a few years ago were market. gardens. are to-day centres of a dense population. North Toronto, with its scant 5,000 popu- lation. has 2,500 acres of land and would furnish some means of expansion, with- in easy access of the city. It would be much more convenient than some of the other outside properties which are be- ing divided up and put on ".he market by energetic real estate agents. The chief issue in local politics at the moment is annexationâ€"whether Toronto With its 425,000 population shall annex North Toronto with its 5,000 souls. The proposition was voted down by the rate- payers of the city last January. but, a new situation has been created by the at- tempt of the Mackenzie and Mann inter- ests to get an extension of franchise for their Metropolitan railway within the limits of N01101:: Toronto. If they gucoeod doubtless being unwilling to haizardjnlak mg a. mistake in gauging pubho OplnlOll. And meantime it is being left to such or- ganizations as the Over-seas Club to cul- txygte Asentimentflop 3.119 questxon. The nidrzil is obvious. GRUMBLING AT THE WEATHER. ANNEXATION AN ISSUE. DIFFERENT NOW. "INVESTOR." St. Albans, which claims the 01d- est inhabited house in England, now an inn, is rich in old hostelries. The Peah-en there dates back to the 15th c~entury;~- though the present building is modern, save for some old woodwork in the coffee room. The Priory, too, in Holywell Hill, ways once the Bull Inn, and as such was visited by Queen Elizabeth; while off the High Street is the BANK OF MONTREAL BUILDING R. M. WHITE (j The First Mortgage Bonds of Price Bros. & Company at their present price pay 6 per cent interest. The security they ofier is first mortgage on 6,000 square miles of pulp and timber lands scattered. throughout the Province of Quebec. The timber is insured with Lloyds of England against loss from fire. The earn. ings at present are sufl‘icient to pay bond interest twice over, and when the mill now in courSe of construction is in operation, earnings will be enormously increased. These bonds can be quickly converted into cash, as there is a ready market for them. WI From standpoints of interest return and security, these bonds constitute an investment of excep- tiolnally high order. There is every reason to believe these bonds will considerably increase in va ue. We will be glad to send you literature further describing these bonds. ROYAL OLD INNS AT ST. ALBANS. AFFLIGATIONS for Prospectus or Subscriptions may be mmled direct to Montreal Bond Co.. Limited. Montreal, or to any branch of tho Bank of Toronto. IN Montreal at the present time high class brick. such as will be on a. par with [that being manufactured by the Canada Brick Company, are selling at $18 per thousand. but the new company expect 10 manufac- ture brick at $7 per thousand, and have put their net selling price in the prospectus at\ $12 per thousand, which gives them a good margin of profit. As a matter of fact, they have already sold over half of their firstl year‘s estimated output at a figure considerably higher than the $12 mentioned in their prospectus. Placing their output at only two- thirds of full capacity. the company shows in profits. after payment of dividends and of manufacturing expenses. $36,000, which is equivalent to 12 per cent. on the common flock. As Montreal is situated at the pre‘ sent time, there are no available supplies! of clay-making brick and other materials must be substituted. Everything, therefore. points to the likelihood of the new company securing an ample market and a good price for their output. from the very start. to climatic changes, which makes it. invaluable in a climate such as we have in Canada.‘ It is especially suitable for the better grades of build- ings which are being erected in the city of Montreal at the present time. While in a measure the pX‘OCOFR is a new one it has been rapidly coming into favor with architects and builders. In Germany where it. was first. discovered in 1880 there are 280 plants in operation at the present time. while in the United States, where it was introduced in 1901, there are 74 plants manufacturing this Ola-gs of brick. Canada has 10 companies en- gaged in its manufacture. THE Montreal Bond Company, Limited, are making a. public offering of $100,000 of 7 per cent. cumulative preference stock of the Canada Brick Company, Limited, at 95 (paryalue $100.00 per share) with a. bonus of 40 per cent. of common. The capitalization of the company is $1,000,- 000, divided into 7 per cent. preference, of which $200,000 will be issued and $600,000 common, of which $500,000 will be issued. 01? the issue of pre- ference stock $100,000 has been taken firm, leaving but $100,000 to be of- fered to the public. The great amount of building activity which is go- ing on in Montreal at the present time has created a. tremendous de- mand for all kinds of building material, and it is to supply a, portion of the demand for brick that the Canada Brick Company, Limited, has been incorporated. The compeny are enecting two plants, one at Mile End and the other at St. Lambert, the combined capacity of the two being 15,000,000 bricks'per year. As there are 325,000,000 bricks used in Montreal every year. and as the National Brick Company can supply but 135,000,000, it means that nearly 200,000,000 bricks are required to be brought in from other sources. ‘ THE Company are fortunate in securing as members of the board of di- rectors men prominent in the business affairs of the country. Among these are 0. H. Cahan. K.C.. F. Loomis. H. A. Lovett. K.C.. G..F. Gylea, K.C.. and A. G. Cameron. The prosperity which has attended other brick concerns in Montreal is likely to be duplicated to an even greater extent by the Canada Brick Company. Manufacturing will comment-e at the St. Lambert plant early in June. THE Canada Brick Company propose manufacturing their bricks by what is known as the sand-lime process, which is regarded as an im- provement on the ordinary bricks made from clay. According to tests made by Milton Hersey A: Company it is shown that. sand-lime bricks are equal in strength and quality to the best kind of pressed brick, and at the same time possess greater regularity of form and uniformity of dimensions than the ordinary brick. In addition, the brick is impervious BONDS PAYING 6X INTEREST THE GANAA BRICK 00., Manager $109,110!) 7 per Gent. Preference Stock with 40 per cent. Bonus of common 5 ECU RITIES‘ CORPORATION LIMITED LIMITED In the reign of Edward III. only three taverns were allowed in Lon~ don. George Inn, dwbing from 1446, which at one time, had its private chapel for the use of its guests.â€" Lo-udon Chpomicle. Adversity Without it whether he MONTREAL-OUEBEC-HALIFAX-OTTAWA LONDON (ENG) YONG-E AND QUEEN STREETS TORONTO is the trial of principle. a man scarcely knows is honest or not.