Richmond Hill Public Library News Index

The Liberal, 27 Jun 1912, p. 3

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Princess Mary has an account of her own with the postal savings bank, but her brothers’ allowances are too small to admit; of savings. They have to turn to their sister when their pocket money runs short, but the careful Princess :11- wayxs wants to know on what they propose to spend the money before whe makes them an advance. Sable-hunting has been prohibited for three years by the Russian Par- liament. . She has now begun to go shop- ping on her own account. Accom- panied by her governess, she uses a private brougham for her little ex- cursions to the smart retail stores in and around Bond Street, Lonâ€" don. On every occasion she asks the price of each article before she buys 11:, a moat unusual custom with royâ€" alties, who are expected to show disregard of pelf. Having consider- ed the quotation .she often turns round to ‘her govrneSS and says: “I don’t think mother would wlsh me to spend so much as that.” In this way she is certainly scoring as a shopper, for the store men are put- ting no fancy figure-s up to her these latter days. Queen Mary’s careful training of her children is just being illustrated by the doings of Princess Mary. The Queen is dead against ext/raver games, so the Princess is being trained in ways of thrift. by her careful mother. She Has Begun to Shop on Her Own Account. Post Toasties with cream and a sprinkle of sugar are an ideal dish. Serve sometimes with fresh strawberries added. “The Memory Lingers" Sold by Grocers. This food is carefully cookedâ€"in a factory that is clean and spotlessâ€"not a hand touching it at any stage of the making. The best part of selected pearly White Indian Corn is used in making in the glory of its growing? Made by ‘ Gun-Allan Ponnm Cereal 00.. Ltd. Windsor. Ontario, Canada. THRIFTY PRINCESS MARY. Post Toasties Ever Notice _ A Field of Indian Corn You may become a bond- holder under our Period- ical Payment Plan in precisely the same man- ner that you become a savings bank depositorâ€" by putting aside money as you can spare it. Under this plan you may purchase from us the Bond or Bonds that most strongly appeal to you as an investment suited to your purposes, by mak- ing a small initial pay- ment and paying the remainder in monthly instalments to suit your income. In this manner you become a bondholder at once without having to save the face value of the Bonds you want to purchaseâ€"and you receive the interest on the Bonds while paying for them. We should be glad to submit a list of leading Canadian investment securities which yield from 5% to over 6%. which mu be purchased on this Perio ical Payment Plan. TOBONN MONTREAL OTTAWA LONDON, ENG. DOMINION BOND COMPANY, Limited Buying Bonds on the Instalment Plan is still ybfifizâ€"he “1:8 '6ni§“33:v5u£"h'e"fiaé given up tennis and hockey. He has now taken to golf and curling and politics. . MINISTER OF EDUCATION MOVES. As’lamu as the new wing of the Parlia- rwnt, Buildings is completed there will be Mr. Harris’ example demonstrates that a. successful career is possible in mum- cipal service. And he is not the only Toronto official getting a good selary. The City Treasurer, Mr. R. ’1‘. Coady, who is shortly to sail for England to sell more City of Toronto bonds, gets $8.000 a year. The salary of the Mayor is now $7,500: until last year it was $5,000. The Assessment Commissioner gets $5,500. The Medical Health Ofllcer gets $5.000. The City Soli< citor gets $4.500. So does the City Archi- tect. The City Clerk and the Chief of the Fire Brigade each receive $4,000. Police Magistrate Denison's salary is $5,000 a year. But the highest priced man in the city's employ is the City Counsel, Mr. H. L. Drayton, K.C.. a comparatively young man, who gets $10,000 a year as Citv Coun- sel. and draws another $4,000 as the Pro: vincial Government's representative on the Toronto Hydro-Electric Commission, making $14.000 a year in all. This figure, no doubt, explains, in part. why he de- clined the Chairmanship of the Dominion Railway Board, which. according to re- port, was offered to him. Some local interest has been aroused by the announcement that the vacancy in the Dominion House in South Simwe, caused by the elevation of Mr. Kanghto'n Lennox to the bench. has been filled by Mr. W. A. Boys. V It is recalled that he was for many years one of the leading athletes of Canada, being amexpert hockey player and holding- for several seandna the tennig‘championahip of Qntqgiq. Mg. pr5 To-day that boy is known ofiicially as Mr. R. C. Harris. head of the Works De partment of the City of Toronto, and the salary he is to draw is $8,000 a. year. He has never held any position outside of the municipal administration of the city. He has never run for oflice. He has just attended to the business that lay at his hand in his civic service job. and he has not on. Each year has seen a new admin‘ istration installed. but the good-natured fat boy. and the man he developed into, quarrelled with none of them. At the same time he had initiative to formulate plans and the force to carry them into eflect. He was some years getting to be a- chief clerk. but from that point his progress has been rapid. The control of one department after another has been put under his control until now he has the management of the chief spending of- flces of Toronto, which spends more money in a year than does the Government of Ontario. The boy's mother was a widow. and had been caretaker of the old city hall for many years. She was very proud of her son. and when it came time for him 10 hen-in to do something for himself she had no trouble in getting him a. position in one of the offices at the Hall, which she looked after. It is only a. few short years since 1hez'e appeared in the Toronto City Solicitor's ot- fice at the City Hall a. new oflice boy. He yvaa so round and well fed that he was Immediately nicknamed the ‘fat boy from Pickwick." When it was found that his first name was Roland it was immedl< ately out down to “Rely.” and Rely it re- lmlinafio fihis tiny. 0? course; he .has. and the means more- ogey are_m7h13 own hands. Those who have read this column during the past year will remember the oft-re- peated admonition against keeping all one's eyes in the same basket. lest the basket be overturned and all the eggs broken. The wise farmer avoids such a loss by putting his eggs in different crates, each er: in at compartment by it< self, so that one might- be broken. but the rest escape. Now, that is exactly, what the wise investor does. He buys a. small amount of Montreal bonds to yield him 41-8 per cent. To offset the chance (very remote to be sure) of an invasion of a. hostile fleet up the St. Lawrence River. he bnvs some City of Toronto debentures, yielding 41-4 per cent. But as Toronto TORONTO CORRESPONDENCE New ‘Head of the Works Departmentâ€"City Pays Big Salariesâ€"Simcoe’s New Memberâ€" An Interesting Move. Is an 'ihvéétJfo‘xâ€"evâ€"é} Fate? you say. Has he no means of avoiding such a catas- trgphe? I think it is safe to say that for the man who may want to realize on his in- vestments in a hurry there is no abso- lutely safe investment. Suppoae. at the present time, he bought British Consolaâ€" a gilt edged investment if there ever was one. Their price is the lowest it has ever been. The yield. however, is only 3.33 per cent.â€"by no means excessiveâ€"for they been only 21-2 per cent. on their par value. Formerly. when they have carried a higher rate they have sold at a price approximafiely as low, taking yield into consideration. But suppose a man bought these securities and Great Britain wr-s in- volved in a war with._Germany. Why. there would be a sharp drop at once, and if he wanted to, or had to. sell the in- vejtor would experienpe a_severe lass. 0r suppose he bought City of Montreal Bonds. A German fleet might sail up the St. Lawrence, and all the combined ef- forts of the Niobe and Rainbow would not prevent a, bombardment of Montreal and a'cousequent drop in Moptg'eal bonds To answer this question one must know exycfcjy yhgt _is mgan}: by rial}. _ Is theta any investment absolutely with- out risk? There is No Investment Absoluter Safe Under All Conceivable Conditions â€"Care- ful Distribution of Capital Lessens the Risk in Proportion to Number of Invest- ments. The articles contrtbuted by "Inventor no [or the sole purpose of guiding pros active inventoru. and. if possible, of In- ns them from losing money through lacing it in "wild-cat" enterprises. The _mpa-rtlal and reliable character 01th: Inlprmnt-ion may be rolled upon‘ The wnter of these articles and the publisher of this pnper have no interest» to Mr" in connection with thin nutter other thin mole of the reader. llow One Should Invest to Secure Greatest Proportion of Safety MAKING SAFE INVESTMENTS TENNIS CHAMPION NOW M. P. MANY OTHER GOOD SALARIES NOW GETS $8,000 A YEAR Entertainments in London are at- tended'by 200,000 persons every Sunday. ‘ This is your opportunity'for a. pleasant, profitab'le and permanent.businesa. Ad- dress, The Home Supply 00., Dept 20,5591» rill Building, Toront9, Ont. Canada‘s own holiday, year after year. passes in Toronto without the slightest celebration of the day as a. real national holiday. As many people as can get out of town. and when the day falls on a Monday. as this year. the number is un- usually large. Those who remain amuse themselves as best they can. It. is safe to sav that every canoe, rowboat, bow- ling green, tennis court, or pienicking site within reach of the city is fully 00- cupied all day. For the Owners of the amusement franchises the day is one of the biggest harvests of the year. A fine day will take from 15,000 to 18,000 people to the afternoon ball game alone. Even lacrosse, which is making desperate ef- forts to get off the down grade to popular favor, may get as high as 10,000 specta- tors. But as for a real national celebration there is nothing. No one wants the spread-eagleism of the American Fourth, but many people regret That some effort should not be made to make the day in Canada-’3 second city in a way that. would be distinctively Canadian. If you are genteel in appearance and courteous in your manner. you will be welcomed in every home in your locality. when you are showing samples of our au- perior toilet, goods, household necessities, and reliable remedies. The satisfeefion which>our goods give. places the users under an obligation to you. which wins for you the same respect; esteem. an m- timate friendship given the 'p‘rzest. physi- cia-n. or pastor, and you will make more money frgm your spare time than your dreszm ‘of. besides a.‘ host of friends. a century has occupied quarters in the Normal School building, occupying an en- tire block between Gould, Gerrard. Church and Victoria, streets, will mt. last make its headquarters with the other departments of the Government in Queen’s Park. This will, no doubt. be some convenience to the Minister and the staff, who have been obliged to make a. half-hour‘s journey every time they wished to consult the Premier or the other departments; but it is safe to say that the old Normal School buildinrv will be left, with many regrets. The chief educational associations of the Province cluster around the building. The Minister's quarters there have long been famous for their spaciousness and ele- gance, and it is doubtful if the depart- ment will find as much comfort in their nfir quarters as they are leaving in the o . The final disposition of the museum and art. gallery. which has long been one of the show places of Toronto, has not yet, been finally decided. It. may remain where it is, or it may be divided between the Art. useum, that now finds a. beau- tiful home in ’the late Goldwin Smith’s old residence, the Grange, and the Pro‘ {)inckial University Museum in Queen’s at . a. more than usually interesting movigf. The Education Depeneran which {qr 11‘ f GET ACQUAINTTD WITH YOUR NEIGHBORS. To dnyone who cares to take the trou- ble, may. with the advice of his invest- ment banker, arrange a distribution of his investments so as always to keep him from apprehension of any unexpected loss of a. large part. of his savings. But, vnu may, I have only a few thou- sand dolln‘s. and I cannot spread that very much. In these days of hundred dollar bonds no one need make that ex- cuse. True. municipalities do not, as a rule. issue such small denominations. but they can be purchased in very small amounts. 1311*. in the case of most. muni- cipalities. such a. catastrophe as overtook Camnbellmn in so very remote as to be negligibly-a. chance of one in fine hun- dred at the very least. And almost all industrial companies of any account issue debentures of $100 now-a-days, although unfortunately few public service compan- ies have done so as yet. But they all are co_ming to it. Perhans another man had some of the Black Lake Asbestos Company bonds. as about 250 Canadian investors had. If he had been wisa his loss would not have hnen severe enough to have-oaused him the loss of more than a year's interest on all his investmon's. may, at some future time, be affected by just such an industrial crisis as London. England, is now threatened by. he buys the bonds of Victoria, B.C., and so he spreads his risk. He buys Winnipeg bonds. which is the centre of the grain trade. and those of Yorkton. the centre of a farming dis- trict. Then he shifts back to Ontario cities and towns. and so he spreads his risk over a multitude of difl’erent and di- vergent interests. Perhaps, to offset his bonds he buys a. few mortgages. and to increase his income he takes on some in- dustrial bonds. But the wise investor is careful to distribute his investments not only over a. number of diflerent securi- ties. but geographically over a Wlde stretch of territory, avoiding too heavy bonds of one class. Then, no matter what happens, he cannot lose everything. A few years ago the town of Campbell- ton, N. B.. was completely wiped out by fire. An investor whose whole fortune was tied up in the debentures of that town might have been. ruined had not the Pro- vincial Government of New Brunswick come to its aid and guaranteed the in- vestors against loss. But if he had had only a truth. or a twentieth. of his hold- ings in the debentures of that place he wouldn't have needed to be very uneasy. Although unpleasant, the loss would not havebeen crippling. DOMINION DAY The artists are paid according to the class of their work, the gold painter and final critis receiving mos-t. Next ranks the designer, and lowest of all are the colorists, Whose work is purely mechanical, When one reflects that every one of these touches must be repeated with the minutest accuracy from seven to nine times on the best china, some idea-may be had of the amount of skill and attention reâ€" quired to produce good Kioto ware. Then, after all, the whole of this la- bor may be wasted upon a faulty article which shows its flaws only on being submitted to the fiery ordeal of the last baking. China, painting in Japan is con- ducted on the coâ€"operative system. Each artist confines himself to one particular part of the work. One specialist sketches the figures, an- other the landscape, and a. third the scrolls and arabesques. The cup, vase, dish, or whatever it may be, is then handed over to the oolorists, who also subdivide their labor, one of them doing the scarlet, another the blue, and so on, until the mas- terworker crowns their efforts by adding the gilding’ either in broad lines and, masses or in multitudes of tiny dots. Great Skill and Minute Accuracy are Required. In painting, as in writing, the Japanese artists hold the brush, which they use for both purposes, perpendicularly over the surface to be inscribed or ornamented, the first and fourth fingers over the two middle ones. JAPANESE CHINA PAINTIN G. BANK OF MONTREAL BUILDING R. M. WHITE q The First Mortgage Bonds of Price Bros. & Company 6 per cent. on the invest- ment-«secured by first mortgage on one of the finest paper mills and over four million acres of the best pulp and timber land in American-insured with Lloyds, of London, England, against fire..-ofl'er a most attractive investment. The present net earnings of the Company are suflicient to pay the bond interest twice over. The growing demand for pulpwood is yearly increasing the value of the Company’s properties. These bonds have been purchased by the best informed financiers in both Canada and England. At their present price they yield 6 per cent interest. Considering security, earnings, assets, and the likelihood of appreciation in value, Price Bros. & Company bonds constitute an exceptional investment. ‘ 1 Write for full description of these bonds. ROYAL iESAfléEâ€"‘ES An Absolutely Safe 67,’ Investment .v-f- râ€"~ in,” :2”; .7: :1- Ina-“a "Cum'p ComfoJ." And! will :31 Hr mothng us! win. about the nave, too. or the Nmferfcchon 0'1 Cook-m in as convenient for the home :1: amp. ltyill bah. broil. rout lid tout a well u : The boys at Camp Comfort are using the same state that they had last year. It was the best they could get. ’ It was a Thie‘year they got a New Perfection Oven Also a New Perfection Toaster ‘Also a NeWIPerfection Broiler a f‘Gee‘. wharf Jifiemnce in the male 1 good not: aka,” aid one‘gfflls [2% 59 111" filed Shsir ehech «r.-- r.;.1_. A“! .L... “WC?! - e- _._.I. _.- --.l THE .011: CQMBANY . maxim? ~ New PcrtcCtidn Oil Canistch Manager Winnipeg, Montreal. SL'J;h_x:_H;lâ€"i-fn‘xâ€";na Queen City DivisioqLToronto fl BLUE l‘l 5 ECU RITIES CORPORATION LIMITED For such a sum {so-day could b6 built some 2,000 aeroplanes, any one of which could with impunity drop bombs upon the Lion and put her out of action. Britain’s Fastest, Largest and Costlicst Named The Lion. Great Britain’s largest, fastest and costliest armored war ship has just been placed in commission. The monster battle cruiser has been named the Lion. Her length is 660 feet, her displacement 26,350 tons, her speed, designed for twentyâ€" eight knots, is likely to reach thirty-two knots. Her turbines are of 70,000 horse power. As for her cost it reaches the enormous sum of $10,000,000. For [such a. sum tw-enky years ago could have been built a. first-class battleship, four goodâ€"sized cruisers and a. dozen torpedo craft. f Homeless persons in London on one night recently exceeded 1,200 in number. though it requires a, long and ardu- ou_s_ apprenticefship. The final baking lasts for several hours. The furnace is fed with logs of a close-grained wood as hard and heavy as lignum vitae, which burns slowly and gives a. uniform and inâ€" tents-e heat. The fire is allowed to die out, and the furnace to cool very gradually, in order that the porce- lain may be properly annealed. The porcelain is ready for-removal in 48 hours after it has been first placed in the oven. A GREAT WAR SHIP. MONTREAL-0UEBEC-HALIFAX-OTTAWA LONDON (ENG) YONGE AND QUEEN STREETS TORONTO The New Perfection Stove in. fill!“ in V1,“, ___._,._ .â€" Enid, WILh cabinet lop. to“!!! rlcb. elc. Long chime”, enum- clcd turquoise-blue. Made with L2 at 3 burners. A“ dongle“. Free Cook -ABagk

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