Richmond Hill Public Library News Index

The Liberal, 3 Jun 1915, p. 2

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Pure ice Cream fl HE BRICK has greatly popularized City Dairy Ice Cream with the housewife. There is no other dessert that can compete with City Dairy Ice Cream in the summer. Our Service makes it possible for your deaTer to supply you with City Dairy Ice Cream in brick form so that you can serve :. m unm- nwn home at Dinner. Afternoon it in your own home at Dinner. Afternoon Tea or Evening Party. just the same as your City Sister. For Sale by dlsorlmlnatlng shopkeeper. We want an agent In every town. in the Home TORONTO. the Slgn. Look for From the After Effects 0t Pneu= mania. Followed by Diptheria Frequently the after effects of illâ€" ness are more serious than the oriâ€" ginal tl‘OllbllO. This was the case with Mrs. James B. Moir, Mutana, Sask. Mrs. Muir says: “Some years ago, while we were still living in Nova Scotia. I was taken down with a severe attack of pneumonia. I had sufficiently recovered to be around, but had not been able to go out when I was attacked with diphtheria. In my weakened state it took a terrible hold on me. and neither my friends nor neighbors thought I would recover. I did, however, pull through, but was a physical wreck. The muscles of my throat were paralyzed‘ so that even a cup of water would flow back {through my nostrils unless they Iw-ero held closed. My voice was lalm-ost inaudible, and my eyes so ‘badly effected that I feared I was going to loose my eyesight. I could only walk with assistance, and it looked as though I would be a helpless cripple: Medicine was used but did not help me. Then a, neighâ€" bor advised Dr. Willl'iams’ Pink Pills. I began taking them but had the utmost difficulty in S'Wralf lowing them owing .to the condition of my throat. However, after a couple of boxes had been used I found it easier to take them, which was a sign they were helping me, and I felt greatly cheered. I do not know how many boxes I took, but I continued their use until I was as wellil as over, much to the surprise of all who knew me. as all thought I could not get better. Since then I have several times taken the Pills when run down, and have always» been greatly bene- fitted by them:” -_H1A~AHM A COMPLETE WRECK For the after effe‘chs of fevers and all wasting diseases there is no medicine can equal Dr. Williams’ Pink Pills. They enrich the blood, build up the nerves, restore the appetite and .bring back complete health and strengbh. Sold by all medicine dealers or by mail at 50 cents a. box or six boxes for $2.50 from The Dr. Williams’ Medicine 00., Brookville, Ont. Wills must be made in writing. “Now rthen, young man.” said the angry farmer; “didn’t you see that board when you came trespassâ€" ing in these woods?” “Yes, sir,” said the culprit meekly. “Well, what did it, say?” “I dunno. I was too polite to read any more when I saw the first word was “Private.” BONDS Mil] IHHR YlElDS Railroad BomL+4Fhero is :1 Splen- did Market for Railroad Bonds Which are Quoted 0n Most lixrhnngvs. Few general classes of b0! fer such a wide range of ch the railroad ‘bond. This kin! vestment offers a great- var bonds, ranging from the staid and sober prior lien ( mortgage bond to the chi fourth general debenture iss shortâ€"term note's ranking pari passu with the one or t _.__..a.-_, of the mortgages: lien after all the looked after. H absolute security gether with a at1 vestment offers a great Vafleby u; Diondls, ranging from the strictly staid and sober prior lien or first mortgage bond to the third and fourth general debenture issue ; and ‘ shortâ€"term notes ranking either pari passu with the one or the other of the mortgages, or as a secondary lien after all the others have been looked after. Ilf the investor wants absolute security for his money to- gether with a steady rate of inter- est, he can get, this in a, certain type of railway ‘bond: or if the speâ€" culator wants to take a, little flier in something which has a. great M“... clay-north: nf safetv lacking in EVAL- There is still another type oi railroad bonds known as equipment trust certificates, which are special- ly secured by the equipment they are issued To purchase. These are usually amortization *bonds and are redeémable serially. They are dif- ferent from the ordinary railroad mortgage bond in that their secur- ity is rolling stock and not fixed assets. The Best Kind of Security. Where absolute security is the aramount consideration, it would 6 difficult to find better bonds than the first mortgage and even the second mortgage bonds of the big railways of the United States and Canada. It has been the cus- tom of most railway builders on this continent when (building new lines to issue bonds for so much per mile of line, securing the bonds ‘by a mortgage against the property on either side of the rightâ€"ofâ€"way, as well as upon the actual railway line itself. Usually a good deal more money has been needed to build the railway than is represent- ed <by the Ibond issue, and this ad- ditional money is often raised by the sale of stock and secondary bond-s, all of which increase the se- curity [behind the first mortgage bonds. These latter are the safest kind of security, because in the first place they are a. real estate mort- gage against property which the very building of the railroad has made more valuable; and in the second place they are a mortgage against other corporate property which has a definite marketable Mina “ma from the value of the value from the value of land itself. When is Security Sufficient? There are various tests to apply to railroad bonds to ascertain the amount of security behind them, and as to whether they are or are not an absolutely safe investment. Examination of the trust deed will show the nature of a. mortgage; but the investor need not bother much about this as the bond house will give him all the necessary informa- tion. The total market value 01 the road, its cost and replacemeni value are, however, important fact- ors. These can be arrived at onl) by careful consideration Of all the securities outstanding and theii selling price in the open market The bonds should be covered twim over. Then there isthe earnings feat -~,1 LL... ure of the case the railroad be 0 profit. Bond int‘ ed and well earl fore profits are s es of bonds of- [88 of choice as This kind of in- reat- variety of 11 the strictly isjhe earnings feat ;e. It is essential than )5 operating at a, goo< interest must be earn earned. 'Further, be re shown the propert; ‘mortgage; but t'bother much md house will essary informa- arkab value of _d replacement important fact arrived at- only g and the )pen marke covered tWi‘ tw1ce feat- ,1 that , good earn- must be well maintained‘ sufficient allowance bemg set aside for re- placements and renewals. 1 “Ant, The issue of subsequent mort- gages is a. good thing for the prior lien holders. It shows that others have confidence in the property, and moreover it provides a buyer for the road should it fail to meet expenses; for the second and subse-‘ uqent mortgagors must buy in the road at a, sum equal to the first mortgage or lose their money. Why They Are a. Good Buy. Many Canadian and American railroad bonds are an unusually good buy at the present time. The security 'behind the issues of the more prominent companies is of the best; and particularly in the case of Canadian railroads largely financed“ through sale of stock. is the market' value of the roads greatly in excess of the bonded indebtedness. For various reasons railroad bonds have kept down below normal values and appear cheap compared with some other investment secur- ities. Their extremely wide range olf offerings together with general stability of price make them an at- tractive buy. As some of these. bonds are quite speculative in na- ture, however, the counsel of a thoroughly reliable bond dealer is advised Where safe investment is the first consideration. MADE CANADA Death Nearly Claimed New Brunswick Lady: Was Restored to Her Anxious Fam< ily When Hope Had Gone. St. John, N.B., Dec. 15th.-â€"At one time it was feared that Mrs. J. Grant. of 3 White St. would succumb to the deadly ravages of advanced kidney trouble. “My first attacks of back- ache and kidney trouble began years ago. For six years that dull gnawing pain has been present. When I ex- erted myself it was terribly intensified. It I caught cold the pain was unen< .durable. I used most everything, but nothing gave that certain grateful re- lief that came from Dr. Hamilton’s Pills of Mandrake and' Butternut. In- stead of being bowed down with pain, to-day I am strong. enjoy splemfid appetite, sleep soundly Lost proper- ties have been instilled into my blood â€"â€"cheeks are rosy with color, and I thank that day that I heard of so grand a. medicine as Dr. Hamilton’s Pills." Every woman should use these pills regularly because good health pays. and it’s good vigorous health that comes to all Who use Dr. Hamilton's Mandrake and Butternut Pills. Barristers should always be re- spectful to the court and accept decisions with good humor, says Dr. Blake Odgers, who illustrates the proper attitude of the profes- sion in the Yorkshire Post. A young barrister whoyheld dif- ferent views from the court re- marked on one occasion that he was surprised to hear the judge make af‘ certain statement, whereupon the; Heading counsel apologized for his junior on the grounds of his youth: “When he is as. old as I am, my‘ lord,” he said deferentially, “he! will never be surprised at anything your lordship says or does.” Investment BIT?! OF GALGARY Due 1918. Interest payable 15th March and September, in Toronto, Mont- real, and New York. Assessment . . . . . . . $134,886,425 Population . . . . . . . 80,000 PRICE: Par and Interest. 24 ADELAIDE ST. E., Toronto. Out of Long Experience. A High Grade % TREASURY BILLS. JOHN STARK & C0. YIELDING 6%

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