New York, Feb. 2] ids the Feb- FURL | pass an increasingly bet- ter sentiment is discernible in the steel trade. It is estimated that the Steel Corporation booked orders in he first two weeks of the month at & rate of 10,000 tons a day more than in the same period of January. The corporations's mills are running at an average of about 89 per cent. of capacity, as compared with 70 per cent. when January closed, and some of the independent companies are «Jeported to be doing as well. : ile Montreal, Feb. 27.--The failure of Dolninion Textte common to respond to the general upward movement of the market, excepting a slight ad- vapee at the early part of this week, is Mkely to be explained by the com- ing annual 'statement, which it is id will show a decrease of about $500,000 in gross earnings from last year, ' Pittsburg Seats _ . Pittsburg, Feb. 27.--A Pittsburg stock exchange membership sold last week at $2,000. The last sale on the exchanke floor was in Aug- ust, 1912, at $2,950. in the inter- im, however, sales have been made below the price of Thursday. The Laurentide Advance Montreal, Feb, 27.--While C. Hosier, one of the directors of Laureniide company, declines to confirm or deny the possibility of such angagreement, the "street" be- lieves that back 'of the strong up- ward 'movement in Laurentide of 27% points advance since the first of the year is the probability that the Mentreal Tramways and Power in- terests will take the power produced by the Laurentide's new power de- veiopment. Canadian Light & Pow- eri Cot is likely to be the distributing concern in the city. R. the Obtains Is Charter Welland, Ont., Feb. 27.--A char- ter has been granted the Ontario Tire & Rubber company, limited, of Welland. The capital stock is $75, 000. Offered 33 on Options Mentreal, Feb, 27.--D. Lorne Me- Gibbon today confirmed the report thar hé had been offered 33 on an optional agreement to buy his 12,- 000 shares of Ames-Holden stock. One offer was made by a local con- cern, but it is understood, was made for American interests, 3 M-- Egrniugs Decreased $3,841,000 Montreal, Feb. 27.----REarnings of the Canadian Pacific railway for the third. week Gf . February. were $1,- 796,000, a decrease of $541,000, as compared with. .the corresponding week of 1913, Since traffic earnings of the C.P.R. began to show a de- TRAPPED IN: SUBMARINE Chilean Crew's Thrilling Minutes Below Surface Tacoma, Wash., Feb. 28.--When the naw Chilean submarine iquique, be- ing tested 'at Bellingham Bay, came mw the surface, she pumped agulnst the bottom of a great piling boom, which the tug Warrior was towing from Bellingham to Blaine. Her Chilean officers" and erew had. an buroie struggle of forty minutes to get. free. y saved their lives and brought © the Tguique out practically nomad with the co-operation of Captain Hilmes, master of the War- nor. The Tater's eyes bulged when ' he saw the centre of his tow jumping skyward and logs, tossed about by some unseen 'power. ° It could not be a whale as: whales appear in Puget Sound only in uner. As the come motion beneath the ' piling continued : ame convinced that the submarine was in serious He instantly cut the War loose, turned back and pulled hia tow completely apart. With this aid the Chileans worked themselves loose and canie up some distance. a- way. " ough, admit tin Forty their danger they will' not "discuss the particulars" "61 their under-water struggle or toll why the ITqulque's periscope failed to reveal the Jows ebove. Captain Hil: mes towed his raft in sections to a nearby cove and reconstructed it. A 'S WORTHY MISSION World Toil t0 Promote, Moral and Physical Efficiency London, Feb: 28.--Rov. James Mar of the National Coun- eil | for Public Morals, will leave rtly os a world tour, going via _ and Canada to the Anti- His object is to promote uni- ted alfotts for: raising the moral and physical ithe race. The is interested in the birth-rate and Rev, Mr. gHorchant will x arrange an Inter- a ce on this subject, to he held iin dent af the New ing up the outstanding mortgages. * t crease early in December, the falling off as compared with previous years, figures has been almost phenomenal, The total decrease in December was only $113,000, the losses reported for thé last three weeks being par: tially offset by a good gain in the first week. In January, however, the de- creases were conciderably larger than those reported for December, and as a result gross earnings for the nth were $1,800,000 less than for Jan uary, 1913. The showing for the first three weeks of February has 628,000 having been reported. From Deceniber 1st, a period of less than' three months, C. P. R.'s gross earn- ings have declined $3,841,000. Financial Notes Canada Steamship lines has secur- ed an annual subsidy of $80,000 from Bermuda for a weekly passeng- er -service between the colony and Mew York. The American Graphophone com- pany had a surplus at the close of the year ended on Dec. 31 of $427,- 949, a gain of $132,833 over the pre- ceding year. The income account was the best the company has re- ported for any period in its history. During the past week twenty-six liniited companies have been incor- Aled with an aggregate capital of $2,500,000. These 'are, for the most part industrial concerns, and are spread all over the province. The Canadian press learns that less than sixteen per cent. of the Algoma Steel corporation £500,000 issue of six per cent. three-year Roles was subscribed by the public, Al the annual meeting of the St. John Ratlway company the directors reported a net profit of $66,328 for the last year, against $58,159 a year age. . Canadian Northern Prairie Lands company acreage-to date amounts to 452,000. acres, the land remaining unsold being 67,000 acres. The cost at $5 per acre of the 433,000 acres sold was $1,299,000, while' the amount realized to date is $3,413,- 795. ; ' The statements of the Ottiwa Gas Co. and the Ottawa Electric Co. for 1¢13, presented at the annual meet- ing of the Ottawa Light, Heat and Power Co., the holding company, in Ottawa yesterday, showed an in- crease of $54,688 in the combined ocarnings. There is a rumor going the rounds that the La Rose mine is trying to control the Jupiter property. In some: quarters the deal is believed to be settled, and yesterday Jupiter stock rose from 9% to 12 cents. To-day it sold from 11% to 12. Al the annual meeting of the East- monut Laud company, Montreal, net earnings-of 150 per cent. were ancounced. A dividend of 10 per cent. was declared, while the balance of the profits will be used for tak- FOR RE-UNION WITH ROME -- \ Significant Utterance of the Bish- op Chester. London, Peb. 28.--A significant wui- terance from the Bishop ofl Chester regarding reunion with Rome, - was made yesterday at a diocesan con- ference on hmandal needs. After quoting the decision of sde Lambeth conference in 1888, Rt. Rev. Dr. Jay- ne said that attention should first be directed to those nearest at hand. Mauy hearts which vesrned towards Rome would be glad indeed of 'rea- sonable terms on which they could draw nearer that great church of so many splendid works, but so, long as the position laid down by Cardi- | ag! Manning, regarding the infallibil- | ity of 'the pope, was mdintained, it was worse than useless to dream of union, as the English church could not sacrifice scriptural truth, and, therefore, 'the Lambeth conference had reluctantly babe the members of the shurch to turn their eyes in a dil ferent direction. AVES SON MILITARY COMMAND "rince Frederich Assigned by Kais- cr to Mounted Rifles © Berlin, Feb. 28. Another step wa® aken by Emperor William in his olicy of distributing his sons: shroughout Germany, It was an- | "nounced that Prince Eitel Friedrich was to be appointed in the autumn, | commander of the King's Mounted Rifles, at Posen, where he will be first res'dent of the Imperial pal- ace, The crown prince ison the staff in Berlin, Prince Adalbert is a naval officer at Kiel, Prince August Wil- liam is a civil offc'al at Nauer and Prince Joachim is serving with his regiment at Casse'. EMPIRE NATURALIZATION Bill Expected to Pass Prosell Sey- sion in British House London, Feb. 28.1 understand that a bill to promote the uniformity of naturalization throughout the empire has afted, and will shortly be introduced into the "House of Com. mons. The main priveiple of the bill iv that a citizen vaturalized in one part of the empire shall enjoy the same status ip all other parts. : The ministers, it is understood, will do their best to pass the bill this ses- sion, so ag to coincide with concur: rent legislation in Casada and the other inions. 4 been evén wofse, a decrease of $1,- | TET RATIY RR SE hs LO} C % SATURDAY, FEBRUARY 28, 1914. RD os The Ontario Steel Products Company, Ltd., Ganano of the Montreal Stock Exchange), Montreal, Que. Do Not Be Misled Investigate and You Will Invest W. ALLACE JONES, Barrister 3 President Gananoque Spring & Axle Co., Limited. President Dowsley Spring & Axle Co., Limited. Director D, F. Jones Manufacturing Co. W. M. BYERS, Gananoque. : Director Gananoque Spring & Axle Co., Limited. Director Dowsley Spring & Axle Co., Limited. D. FORD JONES, Gananoque, : Managing Director D. F. Jones Manufacturing Co. Director Dowsley Spring & Axle Co. NEWBOLD! C. JONES, Physician Toronto. President D. F. Joues Mzuufacturing Co., Limited. ~ Ontario Steel Products Co. which was formed to require the properties of the Gananoque Spring & Axle Company, the D. F. Jones Mnfg. Company, of Gananoque, and the Dowsley Spring & Axle Company, of Chatham, Ontario. The Stocks And Bonds Have Been Readily Received By The Most Conservative Investors Of Kingston The reason is that they are so well and favorably known as one of the best concerns in Canada, with years of long standing success and prosperity, and that the future management will, as in the past, be in the hands of My. W. T. Sampson, Vice President and Gene Board of Diredtors. : : Bh These securities are being taken up rapidly locally, and if vou desire to avail yourself of this unusual opportunity in these prosperous and expanding home industries, You Must Act Promptly Further information will be furnished upon request by Ernest Mayer, Fiscal Agent, Care of jue, or upon request to Molson & Robin (Members Your LAST Chance ' To secure the small quantity of bonds or any of the Preferred Shares that remain unsold in the ral Manager, surrounded by the original DIRECTORS AND OFFICERS Toronto, Prasident. FRED BACON, Director Gananoque Watér . JONES, Montreal. Director Canadian Bank of Commerce. Director Montreal Trust Co. Managing Director Canada Cement Co. Director D. F. Jones Manufacturing Co. W. T. SAMPSON, Gananoque, Vice-President and Gen. Manager. Managing Director Gananoque Spring & Axle Co., Ltd. Vice-President Dowsley Spring & axle Co, Director Ontario Wheel Co "Power Co. of Bacon Bros.. Montreal. imited J. T. RICHARDSON, Barrister, Toronto. MR-MAYER WILL BE AT THE HOTEL FRONTENAC, KINGSTON, FROM MONDAY, MARCH 2ND, UNTIL THE 6TH INST. INCLUSIVE, WITH F TIFIED STATEMENTS, hy ACTS, FIGURES AND CER "SABRE RULE" RETAINED Movement to Abolish It Collapses in German House, * Berlin Feb. 28.-- The movement in the German imperial perliament to abolish "tabre rule" by the arms tol'apsed to-day. The dissolution Was announced by the committee considering various bills for pro- hibiting the intervention of the mili- tary without a requisition from the civil autheritigs, forbidding the use of arms 'by the soldiery except in self-defense, and subjocting soldiers to clvil jurisdiction. A committee tomposed of conservatives, clericals, and liberals voted against the, pro- posed measures. ! The introduction of the bills was brought about by the recent violent encounjers. between the military and. civilian authorilies at Zabers, - Al- gace. The government, however. announced a few days ago.that such legislation was beyond the powers of the parlidment, as it involved a constitutional amendment which oprosed by tbe government. . Nethersole's Tribute Olga Nethersole, the famous Eng- lish emotlgnal actress, who hag played in nearly every civilized country, and travelled throughout the length and breadth of the globe, has paid a high tribute to hotel ac- commodation in Winnipeg, in a let- tor addressed to Chas. 'L. de Rou- ville, resident manager of the Fort Garry hotel. At the conclusion of her week's run at the Orpheum thea- tre she wrote: "Before leaving I would. like to tell you how comfortable stay in your beautiful hotel. Your staff and service is perfect and the cuisine excellent." ' rs very often become aff; : 2 very f have been during my (wie. Canada Bread Co.) 6% First Mortgage Bonds tiger | PARTICULARS ON REQUEST Cawthra Mulock & Co. Nova Scotia S ron Co Earnings for 1913 largest in the history of the Cumpany, r 25% over 19:12. Profits, 1912, §1,235,95%.84; 1912, $1,000,609.93 Total balance at eredit of profit and loss account after payment of all charges, $527,886.61. Dividends were raid of 8% on Preferred Stock. Dividends were paid of 6% on Common Stock, in addi- tion to 6% on Debenture Stock and the usual Bond interest, We offer a small amount of the 6% Debenture Stock at 98 and interest to yield 6 1-8%, - F. B. McCURDY & CO 86-88 BROCK ] Why Are Your Neighbors So Happy? ad Because the Wife Bought An EDDY'S WASHBOARD "vx And Now--Wash day is a joke, | All kinds of Washboards for all kinds of people. | % : : a 5 ; 3 3 § Ss = Tae NE SE Fresh Shad . Bluefish Swordfish, Tom Cods, Flounders Dominion Fish Co. PHONE 530 ----WE SELL-- Scranton Goal Co's Coal ected from the celebrated Richmond No. 4 and Ontario No. 1 Mines, the best Anthracite Coal Mines in Pennsylvania. Place your order with THE JAS. SOWARDS COAL CO North End Ontario Street. We have a assortm ; ent of Gas Fixtures at moderate prices, suitable for any ULEARANOE SALE OF WIN. TER HATS 8 trimmed hats for $3.00. $5 shapes for $1.25. Everything is to be cleared regardless of cost, during the next few weeks, MISS E. D. HAMILTO! i a «Winx 86 West Frame house on Beverly St. all improvements, gas, electric furnace, and a wy 120 feet, for V8000.00. cell bi cast |