FINANCIAL MATTERS PENMANS' PROFITS INCREASED, 147 PER UENT. In ord-Breaking Year Company Eafned Dividend More Than 6 1-2 Montreal, March 10.--A 'new high record in earnings was reported by Penmans, Limited, in the financial statement submitted to shareholders at the annual meeting Sales for the year ended December 31st last were $4,742,914, an increase of $1,- 201,936, or 24 per cent, and net pro- fits availatfle for dividends $643,148, an increase of $382,833, or 147 per cent., as compared with '1914, Reliance Mortgage Corpor- ation. The annual meeting of the Stand- .ard Reliance Mortgage Corporation wag held at the offices of the com- Pany, 82-88 King street easy, Toron- to, on Monday, March 6th, The fol- lowing officers and directors were elected for the ensuing year: Hon. president, Sir Mackenzie Bowell, K. C.M.G.; president, N. H. Stevens; vice presidents, W. S Dinnick and John Firstbrook: chairman of execu- tive board, E. F. B. Jebuston, K.C.; managing director, Herbert dington. U. 8. Rubber Co.'s Year, New York, March 10.--The Unifed States Rubber Company reports sales | for 1915 amounting to $62,861,915 agatust $82,678,842 the year before. Of last year's 'business, the annual | report said to-day, about five per cent. was comprised in sales for ex- port. The profit from was $13,617,134, in contrast with] $12088,469 in 1914 and after inter-| . est charges there remained 089 for dividends. The preceding | $8,696, | year breught a balance for dividends | of $7,667,389. New Mining Exchange. Winnipeg, Man. March 10. Al mining exchange has been organized | in Winnipeg, primarily to deal in the | shares of gold mines at Rice Lake! and along the eastern shore of Lake | Winnipeg. Signs of the Times. | ings yad- ? vy | the year will roll clal Chronicle in its annual estimate of the world's gold production, places the figures at approximately 23,063,- a new high record. This represents an increase of 1,023,115 ounces, or $21,149,629, over the previous year, and a gain of 497,976 ounces, or $10,- 294,061, over 1912, the previous high record year. § Dividend Payments. New York, March 10.--The Jour- nal of Comemrce estimates March in- terest and dividend. payments at $141,127,504, compared with $117,- 981,135 a year ago. Dividendse will contribute $74,227,504, an Increase of $18,346,368. ' Commere inl Notes. The American . Coal Products Company reported earnings of about 21 1-2 per cent. on its common stock last year. Profits of the F. N. Burt Co. in 1915 were $222,267, an jucrease of abcnt $10,000, and the best showing yet made by ghe companm The average price of all steel pro- ducts now stands at $49 a ton, com- pared with $40 in January of this year, and $30 in January, 1915, In 1907, the last previous 'boom' year, the average price was $41 a ton. fZme enthusiasts over the pros pects of United States Rubber earn- in 1916 are fairly confident that up a balance for the $36,000,000 common of 20 pér ent, or better. The Frost Steel and Wire COom- | Railway operations | | The Monet tary pany, with a capital of six million dollars, heads this week's list of Company incorporations. Headquart- ers will be in Hamilton. In the past five years, Toronto has recelved from the Toronto Street Company, $2,460,665.00 more than Montreal Tramways Co., |and that from _a revenue nearly fif- | teen per cent. less than that of the | Montreal Tramways Co. The municipal bond sales in Can ada for February, as compiled by Times, amounted to 1$2,488.351, compared with $2,971 185 for January and $3,047,011 for the corresponding period of last year, There were also $86,500 sold to United States houses during Feb. Bethlehem Steel Corporation in {January earned between $34 and | $35 a share on its common stock, ac- New York, March 10.--The Ameri- | can Woolen Company reported profits | aqch for the past year of over $5,000,000, as compared with less than $3,000,-1 000 in 1914, and with a deficit in 1913. The past year's earnings were equivalent to- nearly 12 per gent. on the common 'stock after pay- ment of regular preferred dividend. Gold Mine Changes Hands. New York, March 10.-- A syndicate of eastern capitalists has bought from Mrs. Hetty Green the "Old Eu- reka' gold mine at Sutter Creek. The price is said to have been more than $1,000,000. Among the purchasers mentioned are W. E. Corey, John 1). Ryan, Thomas Cole and Ambrose Mo- L : \ Will Pay Dividends. London, March 10.---The Manches- ter Ship Canal Company of England, for .the first time in its history, will pay dividends on both its preference and ordinary stock. Last yedy's re- celpts were about $3,800,000, an In- crease of §519,090 over 1914 Ca- nal tolls were raised twice during the year. February Fire Losses. Toronto, March 10.--The Mone- tary Times estimate of Canada's fire loss during February amounted to $3,275,600, compared with January loss of $1,649,217, and $1,019,666 for the. corresponding period of. last year. : Largest on Record. New York, March 10.~-The KFinan- RR eG 1 ic cordin was a ally, to Dow, Jones & Co, This a rate of $414 a share annu- or something like $1.33 for working day. Earnings for the remainder of the year are like- ly to be in excess of January, as the returns of the Penna. Street Co. will be included. ' This Was Different. Little Willie became slightly in- disposed, and when the family doe tor -was called he prescribed some medicine in powder form. "Come, Willle," said the fond mo- ther, preparing one of the powders as goon as the medicine arrived from the drug store, "you must take this right away so that you will be well." "No, I don't want to take it," whined Willie, backing away frem the dose. "I don't need mo medi- cine." "Why, Willie," pleaded mother, gently drawing the boy toward her, "you never heard me complain about alittle powder, did you?" "No, an' neither would I," was the startling rejoinder of Willie, "if 1 cold put it on my face like you_do, but I have to swallow it." Old In Service, Because it would have involved tog great expenditure to modernize them, the steamers Pilgrim and Pur- itan, familiar to a generation of travellers between New York and Boston, are to be gent to the scrap heap The principal part of every should be principle. men em ESTABLISHED OVER 41 YEARS THE STANDARD BANK OF CANADA STATEMENT OF AFFAIRS ON 3st JANUARY, 1916, Condensed from Goverament Report: LIABILITIES Kotes 1) in Circulation. , .- 83 3. a: 763.00 | deposits . . Dpe to Rank ; oT Dividend payatic' iat Feb,, 96 Capital Paid up. Reserve Pund profits Aci ianges | under hears of nd undivided | Bank Premises (Freehold). $83.822.121 11 | British, Dominion and Pro- 'RESOURCES Cash on hand .".. ., Deposit in Central Goid Re- serves ji . 4 Due -$ 8,201,43L.93 500.000 00 4,191,715.36 vinclal Government and other debts , 3.196.429. 4 2.325,242.74 TX TY | Loans and Discounts , ,.. 33942915.34 Deposit with. Government re Circulation Fund. 150,000.00 1,171,268 75 Other Assets ak 120,519.60 eptances per contra. 22,598.15 $5382 121 11 Bo Assetgint 31 Dec., » TInerease for vear Income for 1915 « Surplus at 31 Dee., pected mor tality. The. average was 6.91 per éent. part time agents. - NORTHERN LIFE ASSURANCE C0. OF CANADA Held its Nineteenth Annual Meeting on 14th Febru. ary, 1916. The following points should be notéd: 1915 1915. ., Increase for vear ......... Policies Issued and Revived, 1915 Insurance in Foree 81 Dec; ~~Amount paid for Death Claims, inelud- mg w ar losses, was 56 par cent. of the ex- rate of interest earned The Company is increasing its Agenev Force and is prepared to offer advantageous terms to whole or HEAD OFFICE: LONDON, ONT. amines onsite ls. $2, 3.531, 028 235,891 513,935 139,344 43,192 2,008,210 191 5.410, 401,232 AA 2 i i A » 673 ounces, valued at $476,767,636, _ THE DAILY BETTISH WHIG, wd IBON DUKES ROMANCE ONE GIRL RECEIVED 390 sor TERS FROM GREAT SOLDIER For Years a Miss Jenkins Carried ony A Voluminous Correspondence With thé Duke of Wellington-- She Was Almost Fanatically Re- 'ligious and Sought to Save the Warrior From a Sinful Life. R. W. H. FITCHETT tells a most curious and interesting' story in the January Corn- hill Magazine with regard to a beautiful young girl who! for years carried on a lengthy corres-| pondence with the Duke of Welling- ton on religious matters. "Miss J-- (or Miss Jenkins; to give her her full name) was a girl of respectable family and good cdu- cation, ardent, emotional, beautiful, and deeply religious, though her re- ligion had in it a touch of the nar- rowhess, as well as of the intensity, of a fanatic. Her father and mother were dead; her only sister had mar- ried and gone to America; her small estate was in the charge of trustees, and she was left to the care of friends, and with much larger lib- erty than most English girls under twenty enjoy. Her religion was the great fact of her life. It was mysti- cal, fervent, with a missionary note in it. "She Had a passionate desire to make converts, aad sought for con- verts in unexpected realms. A mu;- derer waiting to be hanged was in the local jail. 'Miss J----" obtained access to him, visited him, pleaded with him, wept over him, won him to repentance, and the man went to the scaffold blessing her "She had tasted the spiritual success, and looked round for a new convert. The Duke of Wel- lington--the best known, the busiest, the most commanding and honored figure in the Three Kingdoms--at- tracted her. It shows the cell-like life which 'Miss J----' lived that she did not so much as know then that the Duke was the conqueror of Na- poleon; the victor of Waterloo. "For her, he was simply a great worldly figure who knew nothing of religion, and in 1834 she wrote a let- ter--a letter winged by many pray- ers--warning him' of the peril of liv- ing without a spiritual sense--sure and deep--of the forgiveness of sins through the redemption of Jesus Christ. Wellington, at that moment, was sixty-dve years of age, a wifeless man, a grandfather, busy in great public affairs. "There was a note in this unknown girl's letter--a pleading note, a gleam of spiritudl fire--that,' some- how, reached chords in Wellington's nature, and won a response that no one else--and nothing else--had ever evoked. He replied to her, by return post, uary 18th, 1835. "So began a correspondence which lasted seventeen years, during which Wellington wrote to. 'Miss J * no fewer than 390 letters! That a man 80 busy, and so great, should find it possible to maintain a correspond- ence on religious subjects with a girl 80 long, Is nothing less than astonish- ing. In 1835 he wrote seventy-eight letters to her---three letters a fort night. "After Wellington's death, 'Miss J-----"' joined her ssiter in America, and died there, and the letters, with 'Miss J 's' diary, lay forgotten, in a trunk in the attic of a country house near New York, for thirty years. They were at last discovered and published; and their genuineness is beyond doubt, of Wellington's charactyr must be re- adjusted to them. For they supply the only glimpses we have into the spiritual side of the great soldier's bard and masterful nature." At an interview this girl read to thé Duke the third chapter. of John, and Pr. Fitchett adds: "Here was a preacher of quite an- other type from the Bishop of Exeter, and a sermon on a very different text from his. A girl's lips were reciting Christ's tremendons words, 'Ye nist be born again'--to him, and « girl's uplifted finger was chall ging him, Some long-dormant reli gia sensi- bilities stirred in Wellington. The grace 'of the speaker, and the mystic Quality of the thing spoken: arrested him, He seized 'Miss J----'s' hand, and, with his iron features strangely working, he said, 'Oh, how I love you!" At a later interview, when asked what awoke this feeling him, 'he replied," says 'Miss J-- 'with great . solemnity of voice and manner, 'God Almighty." ' All this surely makes literature. parted by whole horizons from, say, Welling- ton's 'Despatches'! " rapture . of Left It to the Chaplain, "Very touching at times," says Dean Welldon in his Reminiscences, "is the simple confidence of the sol- diers in the chaplain as their friend and their guide. One of the chap- lains whom I knew well related to me the following story. There came to him a Tommy, who said that he wantéd to be married. The chaplain congratulated him, and asked him when he would like the, marriage to take place. The soldier answered, 'I leave that to you, sir.' The, chap- lain was a liitle taken aback, but he ventured to ask further who the sol- dier's fiancee might be, and again the reply was, 1 leave. that to you, sir "Fuller trust hath no man than is." Didn't Know It Was Loaded. The old, 'old plea 'didn't know it was loaded" may also apply to the army, according to a Tommy inLon- don from Gallipoli. With an empty kerosene tan for a kettle and six Turkish shel. cases for a grate a party of Australian soldiers were pre- paring tea. Suddenly there was a terrific explosion. There were no casualties, but uniforms were ruined and the tea was over. It was one of the Turkish shell cases. They didn't know it was loaded. Authority often leads one to the door of abuse. A mouth full of words may not mean knowledge. Popularity may bring about he swelled head, in a letter dated Jan-. and all our notions HUMOR IN TRAGEDY. | "Literary Friend Experienced a Change of Heart. In a recent address at Birming- ham Sir Herbert Tree, the eminent actor, related the following personal recollection: "I had," he said, 'constantly re- lieved the importunities of one who claimed to be a literary man on the unds, I subsequently discovered, that he addressed envelopes for an advertising firm, His constant plea | with me was that he wanted to get a glass eye out of pawn. I received a letter couched in these terms: "'Sir,--Unless I receive 10 shil- { lings this evening by 10 o'clock my | body will be floating down the { Thames. On your head be it! I will call at the stage dgor.' "I tolq my secretary that he had better send out the 10 shillings. At the end of the evening I thought of my friend. " 'Did you send out the money to that deserving suicide?' I asked. * 'No,' replied my secretary, 'I did not.' "I felt myself guilty 6f manslaugh- ter 4t the least and was much reliev- ed on leaving the stage door to find the importunate literary man out- side. " 'Good evening, my friend,' I said in cynical revulsion. 'I thought you were in the Thames.' '" 'Don't be flippant, sir!' he said. 'I did mean to submerge myself, but on gazing on the dark river my bet- ter Teelings conquered, and I've come back--for the 10 shillings!' "-- London Chronicle. A Certain Test. "The pleader in criminal cases has some strange experiences,' says Sir J. H, A. Macdonaid, the late Lord- Justice-Clerk, in "Life Jottings," and remarks how in the case of a murder, brutal in its charatter, anger at the deed will cause a jury to re- ject the clearest' evidence that the perpetrator was insane "I once defended a! case," he says, "and a majority of the jury not only convicted, but added a rider affrm- ing that the prisoner was sane. The man was hopelessly mad. The doc- tors sent to see him were satisfied of that, and the sentence wad not car- ried out. A crucial test applied was that while one of them put his finger lightly on the pulse, the other sud- denly said, "By the by, Miller, when is it you are to be hanged?" There was not a tremor or a change of countenance or acceleration of pulse, and, looking up, he said, quite simply, 'I think it's Tuesday week, if I'm not mistaken.' *' Not So Much of a Joke. The late Linley Sambourne, the fa- mous Punch cartoonist, began life in an engineering wok. When a young man he was alwdys fond of playing practical jokes, and a French drafts- man employed at the 'engineering works often became the butt of his humor. This young draftsman wore a soft hat, which he frequently laid on his desk, not waiting to hang ft on its peg, and one day Sambourne hit upon the bright idea of nailing the Frenchman's hat down to his desk. He awaited the consequences in high glee. But when lunch time came instead of attempting to tug the hat from the desk, as expected, the French youth calmly took an { other hat from the peg and went out Then the future cartoonist bent over the desk, looked closely, and saw that it was his own hat he had nailed to the, desk. England Calls on Women. The London Daily News announces the Governmeni has decided to or ganize a recruiting campaign for wo men to work on land. It is proposed armlets be issued to women willing to undertake farm work and thal they be entitled to wear especial uni: forms. least 400,000 women be mobilized All who volunteer will be registered and given armlets .and uniforms which will consist of coat, stout boots, and gaiters. lL Already more than have been withdrawn from agricul, ture, and it is anticipated more will be called. Practically only shepherds, plowymen, and others in: dispensable will remain. A man m * a pretty good wait er who expects to. have. greatness thrust upon him Stop Backaches Don't complain about pains in r back when the remedy lies et eh Hand. Tein Pills cS nadine oy KIDNEYS a i o, the kidueys avd the bladder. ' They soothe and heal the inflamed are causing the suffering. NY lect yout kidneys and swollen hands ani feel and ankles, are likely to follow. A dose of Gin Pills in time saves a world of ou will realize hai valuk when read what Mrs, J. Wedge, of Summerside. P.E.L writes: "Gin Pills are the greatest of all Xa ney remedies and a Boliisine wiih Inst t doing me a world of good. They are worth r weight in gold to agy sufferer." Get GIN PILLS toda your 4 dealer's. 0c. a box, or 6 boxes for 1 Preat- ment FRER if you write - 1 National Drug & Chita) Co Soo Canada, Limited, Torus the | BKyery village will be canvassed by women's committees, as it is consid: | ered essential that an army of al | skirt, | 750, 000~men | 100,006 | em for Captain Sifton's bat: . Grasid Pre, REGISTIRED TWADE HARK » Representing the su- preme effort of the GREAT Studebaker fac- tories at Walkerville, the GREAT resources of the Studebaker Corporation and the long, long years of Studebaker's success- ful manufacturing expe- rience, these new SER- IES 17 Studebakers are the biggest val- ues that Canada hasever seen. In POWER, the new Studebakers are abso- lutely without rivals at such prices. No ote 7 passenger, 4-cylinder car on the market offers FORTY Horse Power at any such price as $1225. And no other FIFTY Horse Power SIX is priced as low as $1450. Both are SEVEN-passenger cars---big, roomy and invit- ing and finished as few cars atany price are finished. And both exhibit a series of new refinements in finish and mechanical design that have the See the car before you decide <on any., Note ~DIVIDED and adjustable front seats; ~tankjl 'rear with Stewart Vac: ---FULL- floating rear axle with complete equipment of Timken Bearings; T ntlapring. storm - proof | windshield =vdeeper crown fenders; =upholstery of the finest straight-grain, semi-glazed leather; -~more conveniently ar- ranged instrumentsondash 'o with indirect illumination; ~Studebaker-Wagner Start- ing System; And THEN, decide if any other car on the market offers you more REZL value for the price. LN Incfliciency Or Fraud. nto Globe I'ne testimony of Col. J Allison may clear up the mystery | that at present shrouds the customs | office at Morrisburg in tue matter of | the importation. of machine guns from the United States in September, 1914, but it cannot extenuatp ihe | carele ess, or worse, with which the ( oms Collector of Morrisburg does hiz work. Col~ Allison purchas- ed machine guns on the other ) ery and had Yhem consigned to himself at Morris { burg. Collector Drew of that port { informed the Public Accovuts Com- | mittee on oath that he had received | instructions from Ottiwa to admit | free and without entry "supplies and 1 materials' so consignel. "These in- { structions came to him 'hrough In- | spector R. B. McBougal, who | brought him a letter of introduction, | and then told him by word of mouth . to let through cases of imports for ~the'Sifton battery, this being the on- | ly description given hum. { The Inspector testified mentioned only Captair Sifton as be- { ing entitled to exemption from pay- ment of duty on the goods, but "cages" to a suspicious nuntber made it appear certain that goods connect- ed with machine guns were finding their way through this conveniently There need be no Commissioner McDougald Wesley side wa isaYed only a letter of introduc- tion for Inspector Macdougald to present to the Collector. The instruc- tions, as specified by the Inspector, differed materially {rom the same in- structions as understood by the Col- lector. The effect of this' confusion, i or worse, was to make it easy for pri- | vate individuals to defraud the Cus- { toms Department, and this may have | been done to a considerable extent. Disguise Tanks At Saloniki. The day after the first German aeroplanes came over Saloniki the ' Standard Oil Company began the | work of disguising ifs tanks, know- | ing quite well that these tanks would be an inevitable object of atfack. i Painters got busy, and in a very short time the hitherto unsightly tanks were disguised In such a way that they looked like clumps of that hel Panama-Pacific Exposition, San Frasdiocy; 1915 Grand Prize Panama- California Exposition, San Diego, 1915 DRINK Established 1780 FOUR rr S Four Cylinder Models . 128 1200 1500 Vouring Car, 7-passenger Roadster, 3-passenger L di Road: , 3 BAKER'S COCOA ® For its Delicious Flavor, its Excellent Quality and its High Food Value, ALL OF OUR PRODUCTS SOLD I (CANADA + ARE MADE IN CANADA WALTER BAKER & CoO. LIMITED MONTREAL, CANADA DORCHESTER, MASS. fifty horse power seven passenger 4 Six Cylinder Models Touring Car, T-passenger . Roadster, 3-pagsenger Land. Road > F. 0. B. Walkerville W. P. PETERS, 117 Brock Street NEW YORK FREA2 STORE 20¢, SUNKIST ORANGES TOMATOES SPY APPLES S FOR" MARMALADE ORANGES FRUIT BITTER GRAPE Fruit Delivered to All Parts of the City, /314 PRINCESS. STREET. - ms The old nobinble ry $1225 $1450 Made in:Canada Kingston a dozen a Ib, dozen dozen dozen dozen dozen 3, 4 and 5 for 25¢ Phone 1408 arn Er lili Conlaind mo 264-50F on £00 Locttes. arrears No Epidemic or Disease has ever bzen traced to Pasteurized Milk All our Milk is thoroughly pasteurized. and sold in Sealed Bottles. | Phone 845 Price's m houses, and other Jeots calculated to | fa man 10,000] trees, pretty f§ innocent &ceni allay the sucpi feet up inthe ky." Brain storms a scarcity of brains. We all have much to do in causing our own troubles, « 5a rule, denote the | ook's G