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Perhaps the day of grain trafllc by boat from Toronto is past. but there are plans on foot to maln- Toronto again a great port for other purposes. That’s the chief urpose of the new Harbor Commission. E'he city owns a large acreage on the waterfront. and to thin acreage it is- hoped to attram large industral factories. Docks and wharves whose cost will total many hundred thousanfis of dollars are being projected. At. présent when a boat from the Atlantic works its way up through the St. Lawrence canals It, cannot find a place m (100)“ But that in to be quickly nhanged. The sympathy of the Dominion Government has been enlisted and extensive. dredging operations are ,now under way. But, of course. the great boon will be the new Welland canal and the deepening of the St Lawrence route Relatively. the lake shipping from To- ronto has been dwindling year by year for the last generation. .It is only citi- zens well on in years who remember when the waterfront used to be dotted with [rain elevators and the docks were al- ways busyx As everyone knows. Toronto has one of the finest harbors, if not the very finest. on the great lakes. And yet the amount of shipping it. accommodates is practi~ oully negligible. For example. the ton- nage of the Sault canals for the month of June was 10,700,000 tone, as compared to 7.400.000 tons in June, 1911. While To- ronto barber‘s traffic for the month was only 271.000 tone, as against 251,000 in June. 1911: Toronto’s new harbor Commission has not got much to show for its efforts yet. (But. of course, it, has not. been on the Job long enough to have had ‘a chance. Regularity- ’Dr. Méésb's “ ludinn Root Pills 'It is said the Union Stock Yards form a potential nucleus for a. Canadian meat trust. One of the most active firms op- erating there is the Canadian branch of the Swift 00. of Chicago. Recently the ,two largest Canadian firms, the Harris Abattoir Co. and Gunn's, which formerly bought cattle both at the city ybrds and the Union Stock yards, announced that in future they would buy only at the latter. And it is said the fourth large firm. Park- Bleckwell, will shortly follow suit. Without the city abattoir. and with the big firms buying only at the Union Stock Yards the business in the city yards would soon dwindle to insignificant proportions, the independent wholesale butchers would be compelled to go to the big fellows for their supplies, and the whole business would be eflecmally centralized in per- haige four firmsz. v The result is thth the city. to save its cattle market, is forced into the abattoir business‘ A municipal abattoir will an able the small independent wholesale butchers, of whom there are perhaps a score. to kill their animals and distri- bute to the retail trade economically; and their business. on the other hand. will keep the city e‘artflgyardp going. ._....~ This iiirwhat the City Council wants to prevent. But the trouble probably lies deeper than lfiny mere question of league organization. In the writer‘s opinion it dates back sev- eral years, when brutal play was allow- ed to play a. prominent part ‘in the de« )oision of the big league lacrosse contests. Big crowds attended the games, "games" by courtesy. for many or them were dis rarceful exhibitions. It is hard to say by the brutality was permitted. It may have been incompetent officials. or a. mis- taken idea on the part of the manage- lnent that the crowds wanted to see a rt of Rpanish bull fight, or just a pecies of depravity on the part-of the layers themselves, or a combination of all of these. For a period the best player was the man who could lay out the most ppponents and not get caught at it. The result was inevitable. A large propor- ion of the derent public got disgusted nd cut out lacrosse. And even those th0 delight in seeing the gore fly want to be in decent eompajny. So the attend- ance fell off, and when the penalties be- came more numerous the games became farcical from their one-sidedness. And tbs attendance dromzed some more. A AL_ ____1 A._-..L‘._ The City Council has committed itself to an expenditure of $300,000 for a muni- cipal abattoir: in other words, a. muni- cipal wholesale butcher shop. and thus expresses a determination not to let the meat business of Toronto fall into the hands of a meat, trust, such as dominates the famous Chicago stock yards. and through them most of the cities of the United States.’ It will be interesting to see how the roblem works out, in Toronto. Toronto as been in the cattle market business for many years: in fact for a long time t had a monopoly in that department. at it did not take full advantage of its opportunity, with the result that now the city cattle yards are altogether .100 small, are ineonveniently situated. and a big proportion of the business is going to the privatelyoperated union stock yards, which occupy oommodiaus premises at West Toronto. TflRUNIfl BflRR‘ESPflNflENflE Something is the matter with Csuadafs national sport. "Big Four" championshgp lacrosse games between the best. teams In the world that money can hire draw a count 2,000 spectators, while mediocre base ball between eastern league teams on a Saturday will easily bring together 8,000 to 10,000- persons. Even motor cycle races. a. newly established sport. of doubtful Having powers, attracted 15,000 people the other day. r Therein seen”: to lie the real trouble with Canada's national game in the big leagues. It. can be built up again. but it will probably take some years of hard and careful work. INTERESTING NOTES FROM THE GAP!- TAL OF THE PROVINCE. Laorasso and Base Ballâ€"A Munlclnal abattoirâ€"Toronto‘s HarboréTho Late Mr. H. P, Dwight. Some critics say that the trouble lies with the "Big Four” organization. Al- ready there are rumors that the N. L. U. will be revivified next. season and will get a team in Toronto, probably R. J. Flem- ing‘s Torontos. for the Tecuth man- agement. and the N. L. U. oflicials show no sign yet of burying the hatchet. o! tho bowel. is an absolute use» dty for good health. Unless the waste matter from the food which collect. there is got rid of at least once a da . it dccaysand poison: the Image y._ capging bilioupness. indi- whole body. causin biliousness. indi- gestion and sick' dacheu. Salt: and other 113th mineral putptive: irritate the delicate linifl pf_the £-;*,IA n- atAA.,L .14 363701.. Dr; vMone's 'ludiu‘ Root fiheentircly’ vegetablerreg‘uluu the bowels effectively without weak Going. sickening or gripin‘. Use - CITY ENTERS BUTCHER TRADE. ROUGH PLAY THE TROUBLE. A HARBOR. BUT NO PORT. Lemon juice, and salt will femove jaigoplmculd' from {lineal} without in- jury to the' fabric." Wet the 'stains with the mixture and set the ar- ticle in tho'sunehiuo. Two or three applications may be necessary if thé stain' is of iong'standingL A girlpxpects a man to think her hair is naturally curly even when she knows that he knows it isn’t. golf balls, a left riding boot, a die- tionary, and half a dozen tin plates.” “Ah,” said thr creator of Sher- lock Holmes, “t‘ a case, madam, is quitevclear. You keep a goat.” Keep an eye on your friends; you know what to expect; from your enemies. “Well,” said the lady, “frequent and mysterious thefts have been oc- curring at my house for a- long time. Thus. there disappeared last week a. motor horn, a broom, a box of He took a. keen interest in public affairs up to his last days, but never succumbed to the modern theories of public owner- ship with which he was always somewhat out of sympathy. He was a frequent cor- respondent of the newspapers over the signature "Dw," but he was always mod- erate in the expression of his views and no newspaper declined to publish his let- ters. even when they were opposed to the publisher's policy. He was possibly pri- vate ownership’s ssnest advocate. Sir Arthur Conan Doyle sat at a. dinner on one Of his visits to New York beside a. lady who asked leave to consult him about some thefts. “My detective powers,” he replied, “are at your service, madam.” ed" Hon. George A. Coil, took him into the employ of the G. N. W. ('0 as ofiice boy. and taught him the language of the wire. Senator Cox was a prominent mour- ner at; t1;e_graveside. Mr. Dwight was one of the most, Iikeable men. The bent. of his mind was well i1- lustrated by the chief hobby of his later years. It was the Royal Canadian Hu- ‘ma‘ne Society which had for its chief purpose the rewarding of deeds of brav- ery. To hear of a deed of heroism, no matter how unspectacular the circum- stances and reward, the hero was a source of pleasure which never lost ififi power. Then Toronto hopes to be a real ocean port and also on the highway from the ocean to the head of the Lakes. If the factory development progresses. as hoped for, Toronto harbor will change from a piece of pretty scenery to the centre of a hive of industry. The passing of Mr. H. P. Dwight, Pre. sident of the G. N. W. Telegraph Com- pany. removes one of Canada‘s landmarks. The oldest surviving telegrapher in Am- erica, his reminiscences went back to primitive days in Canada. He “discover- THE PASSING OF H. P. DWIGHT Save Disney and Increase “ PERIODICAL PAYMENT PLAN ” THE METROPOLITAN SECURITIES AGENGY, LIMITED' 160 St. James St.. MONTREAL Ill Mountun Hill.'QUEBE5 This Booklet shows ‘how you can create capital through a small monthly savings. It also shows how these savings are protected and how they are available for use at any time if required. Write to Investment Department. WE have issued a. Book- let describing the Sir A. Conan Doyle. for the purchase of stocks and bonds. DETECTIVE D OYLE. ~its Earning Power Let us do our duty in our shop or our kitchen, the market, the street, the. office, the school. the home, just as mitdlfully as if we stood in the front rank 9f spmegreat battle and We. knewv‘th'ait i’z'iétoiy fcir. man- kind depended on our bravery. strength and skill. When we do that the humblest of us will be serv- ing in that treat army which achieves the weifare of the world.â€" Thoédora Parker. Believe me. t‘hn talent, of success is not-hing more than doing what you can do well, and doing well whatever you do Without a thought of fame. If it come at all it will came. because it- is deserved, not be~ cause it. is sought after. And, moreover. there will be no mis- givings, no disappointments, no feverish. exhausting excitement.â€" Longfellow. The-re. is nothing more universal- ly commended than a fine day; the reason is that people can commend it without envy. The sincerity of a Christian ought to be perftct and so well known that every one can go by his simple word. The ,fact that truth lies at, the bottom of a well is probably the reason why the truth is often so fearfully watered. Prosperity demands of us more prudence and moderation than ad- versity. ' ’ If a, pregcher has anything worth saying he can say it. in ten minutes. “We read the statements on the pkg, got more and in a, month and a half you Wouldn’t have known us. We all 'were able to digest our food without any trouble, each one’s skin became clear, tongues cleaned off, and nerves in fine condition. We never use anything now but Pos- tum. There is nothing like it.” Name given by Canadian Postum 00.. Windsor, Ont. “There’s a reason,” and it is ex- plained in the little book. “The Road to Wellville,” in pkgs. Ever read the above mm: A new om appear: from tlm- to tlmo. They an eonulno. tram-n1 full of human Inurut. “Although we started to make it. we all felt sure_we would be sick if we missed our strong coffee, but we tried Postum and were surpriSed to find it delicious. “We didn’t realize that tea-and coffee caused the trouble until one day we ran out of cofiee and went to borrow some from a neighbor. She gave us some Postum and told us to try that. ‘ ,“All of usâ€"father, mother, sis- ter and brotherâ€"had used tea, and coffee fpr many years until finally we all had stbmach troubles more or less. “We all were sallow and troubled with pimples. breath bad, disagree- able taste in the mouth, am} all of us simply so many bundles of nerves. ‘ Often Caused by Tea and Coffee . Drinking. How many persons realize that tea and coffee so disturb digestion that they produce a muddy, yellow complexion ? ‘ A ten days’ trial of Postum has proven a means, in thousands of cases, of clearing up a bad complex- 10n. A Washn. young lady tells her experience: ' Claire Heliot, for nine yea‘grs a star lion tamer, but now retired, who greatly loved her twelve lions, declares that the most potent fea- tures in the art of animal training is the ability to impress the fact that the trainer can be depended uan to deal kindly with her charge. She began training lions when 22 years old. First she would feed them with meat from her hands, then she would sit for days three hours at a time in the cage with an iron bar and a whip in her hands, getting closer each‘ day, In a months’ time she patted their manes. In four months she taught them tricks and then exhibited them. She had twelve. in her group. She never whipped her lions1 only made believe by cracking the Whip over their heads. Though a Ger- man. this trainer always spoke French to her lions. the language being quicker and thus more com- manding. She loved her work, though finding it hard. and when she retired kept some of her favorite lions to play with. Have More Patience and Meet with Fewer Accidents. A woman seems especially adapt- ed for training animals._both domes- tic and wild, as her moth-early in~ stinct is an esential factor; animals, like children. requiring patience. sympathy, vigilance, intelligence and firmness. In the case of the lion women are more successful than men as trainers and have fewer accidents. ‘ WOMEN AS LION TAMERS. GRAINS OF GOLD. SA LLOVV FA CE S. Moreover, our railroads do practically all their financing in London. Last De- cember the Canadian Northern gold no less than $35,000,000 of bondn'rin one block in London at a comparatively low ram. It would have taken years to have placed those bonds in Canada. The railroads need more money ’00 keep up to the great expenditures they are making on new construction. The pessimist referred (o in the first sentence had better talk to some of our railroad presidents before he persuades himself as to the accuracy of his statements. That is one reason why the London market is so important. Another reason is that the English investor is satisfied with a lower yieid than the Canadian and so most of our low yield bonds are sold there. ' Mr. Brains is nearly always busy to talk. '1‘ is has. of course, affected the market for high grade Canadian bonds, so that we find very excellent municipal issues falling flat. on the market. The efl’ec: of this has been marked. A year ago Bran- don debentures could be readily sold on a 41-2 per cent. basis. Now these may be bought at 43-4 or even 47-8 per cent This is just a sample of the eifeot of the dullness in London on our market here. What the bond banana and municipalities are hoping for is, of course. a reversal of form in London, and a renewed de- mand for our municipal debentures. This would mean that many bonds purchased during this year will show a very hand- some increase in price of two to four points. It. would elm make a very good demand for many debentures which city councils have been afraid of issuing ow- ing to the lack of demand from London. For though practically all our municipal debentures are sold to Canadian bond houses. most of these place the greater percentage of the large issues _in Ipndpn. Unfortunately. last year, Canadians didn’t take sufficient care in preparing offerings, and as a. result some of them disappointed their purchasers. This had the further unfortunate result of making the public cautious until” now there is liitle chance of any Canadian securities being successfully issued in London that. have not the backing of some interna- tionally well known Canadian bond house. Land; and particularly timber compan- ies, have gone a long way to help dis- credit Canadian securiiies in London. Per. haps it would be more accurate to say that the British investor has become very skeptical with regard to the extravagant promises of a number of these. More than a few of last year‘s issues were taken to London: which were in no posi- tion to be offered as investments. As a result the underwriters were loaded up with a lot of stuff that they are still vainly fuming: to unload_on t_he_ public. This one item, then. is a very good and sufficient reason for watching carefully the tendency of prices in London as a baro- meter of our own. Last year England bought no less than $208,000,000 of our se- curigies. the greater part of which were hon s. "What difference does it make whether London investors are buying our securi- ties or not?” a man asked one day. “The bond houses in Toronto and Montreal alone appear to buy by far the greater part of Canadian bond ofi’erings. This talk of London market aifecting prices appears to me to be all humbug." Of course, this man didn't know any- thing about the matter. -He was quite correct (at least. he would have been quite correct) had he said that. “Canadian” houses absorbed a large part of the bonds offered here, and left out the rest. He forgot (or never knew) that during 1911 alone our railroadsâ€"steam and electric- sold no less than $85,000,000 of bands and debentures in England without the inter- vention of Canadian houses. n The articles contributed by “Investor are for the sole purposepf guiding pros- pective investors, and._ if possible. of sav- ing them from losing vmoney through placing it in “Wild-cat” enterprises. The impartial and reliable character of the information may be relied upon. The writer of these articles and the publisher of this paper have no interests to serve in connection with this matter other than those of the reader, The Present Dullnoss In London Has Made Qillte a Notlcoablc Change In the Price ’of Several Canadlan Municipal Debon- turesâ€"What London Took From Us Last Your. THE EFFECT OF LONDON INVESTORS ON THE CANADIAN MARKET. MAKING SAFE INVESIMENTS 9 Price Bros. and Company Bonds pay 6 per cent on the investment. They offer the strong security of first mortgage on 6,000 square miles of pulp and timber landsâ€"which are insured at Lloyds against fire. The earnings of the Company at present approximate twice the bond interest. The new pulp mill in course of construction will double this earning power. Purchased at their present price they pay interest at the rate of 6 per cent. The best posted investors in Canada and England have purchased these bonds. Owing to the security and increasing demand of the products of the Company, these bonds will unquestion- ably increase in value. ' " , ‘ 4 ‘ """"‘"'S‘E‘CZUR'I‘TI'E‘S v- ROYA CORPORATION “mean in“ our mom-am BUILDING . . . ‘ aroma “lagging smears 67; INTEREST AND SAFETY R. M. WHITE (By "Invest,or.") If you have money to invest write us for complete information. “Have you any references?” ask- ed the lady of the house. “Yes, ma’am a lot of ’em.” “Why didn’t you bring them with you ‘?" “They’re just like my photographs, ma’am. None of ’em does me jus- tice.” It is every one’s duty to have books; a library is not a luxury, but one of the necessaries of life. It’s easy for a man to forgive his enemies after getting square with them. 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 su- perior toilet goods. household necessities. and reliable remedies. The satisfaction which our goods give, places the users undel an obligation to you. which wipl for you the same respect. esteem. and m- timate friendship given the priest. physi- cian, or pastor, and you will make mgr. money from your spare time than you dream _of. besides a. host. of friengls. This is your opportunity for a. pleaaaut. profitable and permanent business. Ad- dr 35. The Home Supply 00.. Dept 20. Mex» ril Building, Torontg. Ont. King George is anxious to make it a late spring trip, as he wisuea to try the salmon fishing in Southern Norway. but if it has to be postâ€" poned till the early autumn a shoot- ing expeditjon will be substituted. incidentally, there may be I meeting with the Czar of Russia, in Baltic waters. A political reformer is a, politi- cian who doesn’t stand in with the gang. King George Planning It For Next Spring. From arrangements now in pro- gress, it is believed the first visit paid to Northern Europe by King George will be to Norway. The time provisionally mentioned is next, spring. The Queen will ac- company him on the royal yacht, and their headquarters will be in Christiania, waters, whence visits will be exchanged with the'King and_Queen of Norway. ‘ GET ACQUAIN'I‘ED WITH YOUR NEIGHBORS. FISHING TRIP TO NORWAY. Mann-oat. Toronto. London, ling. Gfimulativs Preferred Stock CANADA SEBURITIES GOBPMATION LTD. Price and full particulars will be gladly forwarded on request. (Carrying a Bonus of 40 % Common Stock). MONTREAL-QUEBEC-HALIFAX-OTTAWA LONDON (sum) AMES-HDLDEN MGGREADY llMITED TORBNTO