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~Name ‘ ~ ADDRESS........ ‘EQUIPMENT BONDS ARE READILY SALEABLE, BUT HAVE LITTLE CHANGE OF APPRECIATING lN VALUE. migh Yield When Security is Considered is Particularly Strong Feature of Equip- mentsâ€"Public Not Educated to Themâ€" High ConvertibllltyeStabie In Price- Very Excellent Investments for Business Surplus. .â€" '1‘he articles contributed by "Inventor‘ are for the sole purpose oi guiding pros .‘pective investors. and, it possible of sav- ing them from losing money tivroneb placing it in "wild-oat" n-nterprleee. The impartial and reliable character at the Information may be relied upon. The writer of these articles and the publisher of this paper have no interests to servs ’in connection with this matter other than those of the reader. (By "Investor.") We have seen that so far as safety is concerned railroad equipment. bonds pos- sess security equal or superior to that of any other form of railroad security. The remaining characteristicsâ€"rate of income, convertibility, prospect of appre- ciating in value and stabilityâ€"may now be briefly considered. A particularly strong feature of equip- ment bonds is the fact that as a rule they yield a relatively high rate of in- come. As a general thing they return from one-half to one per cent. more than 'do the mortgage bonds of the railroad issuing them. In the case oi“ Canadian railroads, this is due to the fact that the English market is not keen for a serial bond or for bonds of such short date as "equipments." and also to the fact that the general Canadian public has not yet been educated to the very high quality of equipment bonds as invest- ments. For this reason the return is high: In the case of Canadian Northern "Etiuipments,"â€"the only bonds of this clues at present available to the Canadian investorâ€"the return varies from 41-2 per cent. for short maturities to 5 per cent. for bonds with some years to run. As regards convertibility. equipment bonds vary according to the date of ma- turity. Bonds’maturing within a. short time are highly convertible, while the more distant ones are only slightly less so. Many investors, particularly those in- vesting a business surplus. whch may he called upon‘at any time, choose short term equipmentsâ€"or even those with 8 or 10 years to runâ€"as a highly- liquid and very satisfactory medium in which to in- vest in order to be able readily to con- vert their securities into cash. Indeed, there is probably no security, excepting , shares. which possesses a readier market at all times. Shares. however. are by no means stable in price. Equipment bonds. on the con- trary. owing .to'their short duration. and the fact that the security on the longer maturities increases each year by ten per cent. of the total issueâ€"owing to the fact that one-tenth, as a. rule, are re- tired yearly~do not fluctuate in price. It is seldom that one hears of sales more than a fraction from the established yield price of this class of security. As a. class they are relatively considerably more stable than other railroad issues. Owing to the same reasons that renders them stable equipment bonds possess a very slight chance of appreciating in value. ' The short maturity of equipment bonds. as suggested before. render them‘ parti- ouiarly adaptable for the investment of business surplus or other funds, which may be required at short notice. For example. suppose an individual. or a firm. has a surplus of $10,000. In the bank he would get but 3 per cent. By purchasing a 41-2 per cent. equipment bond with three years to run, at the present time he could purchase them at about 98.62, 'which would yield about 5 per cent. Suppose at the end of two years it was necessary to realize. The bonds would have but one year to run and would sellâ€"as a rule -at par. The purchaser would, therefore, not only make 5 per cent on his money. but a small profit. which would make his total income for the two years he held the bonds average 51-4 per cent. This is a point worth considering. of" the- air get ex-‘ ercise to keep them healthy. \\\\\\\\\\\ ~.\\\ \\\\\\u'u std-3' ‘: . Cage birds get little exercise, and should be given -â€"a tonic in cake form which ; aids digestion, sweetens the song and brightens the plumage. '1! is given free in package of Brock’s Bird Seed or two cakes will be sent free if you fill in the coupon below and mail it to us. We know it will improve your bird in evory way. NICHELSON as nnocx 9-11 Francis Street. Toronto. For this coupon, please send me, freefof charge or obligation on‘ my immwd full-size cakes of Brook’s Birdj'l‘reat, and oblige. 47 I’L LLJO ........-u.â€"............ ' your body. which, if allowed to re- Birds farm a. long inquiry has been con- um' 3m iNVESlMiNlS in POWER humus ' THE HUMAN FACTORY Dr. Williams’ Pink Pills Help the Blood and Make You Well. The human body is the busiest factory in the world. There is\no eight hours day, no slack season, no holidays, no cessation of labor at any time. Day and night work is being carried on in the workshop of your body, and it never’ ceases until the engineâ€"the heartâ€"stops forever. The factory of your body has its motive power, without which it would have to close down at once. That motive power is the blood, healthy, rich, red blood which keeps your whole system efficient and which drives away all diseases that may attack it. Good, red blood is the chief cm- troller of every action; the source of all the energy you possess. It builds up every substance of your muscles. nerves, sinews and flesh. It removes the waste and poison- ous products constantly created in main set up disease and weakness of every kind. Goo-d blood gives energy and vitality to the nervous system, besides regulating the funcâ€" tion of the stomach, intestines, liver, kidneys and other organs of the body. Briefly, on the purity and richness of your blood the health of your whole body depends. Often the blood begins to fail and becomes thin and poor in qua- lity. Io becomes loaded with waste matter and charged with:poisons. Then it is that the motive power of your bodily workshop goes wrong, your physical machinery becomes disorganized and you fall ill. You become anaemic; maybe tlie'ncrves break down, or you begin to suffer from indigestion, neuralgia, generâ€" al debility, severe headaches, pains in the back or side, rheumatism, or even paralysis. In all failures .of the blood Dr. Williams’ Pink Pills are the best known remedy. These pills actual- ’ly make new, rich' blood, which brings health, and energy to every part of the body. Thousands and thousands: of people, not only in Canada, but all over the world, testify to the truth of. this state- ment. The following is a. bit of proof. Mrs. Fred. Stricker, jr., Moose‘field, Ont., says= “A few years ago I was a. physical and nerv- ous wreck; I had pains throughout my whole body. I had no appetite and my stomach felt as if there was a big lump in it. The least exertion would make my heart beat violent- ly, and I would be attacked with trembling spells, and such a. weak- ness that my breath would come in gasps. I was under a. doctor’s care for nearly two months, but got very little relief. I then tried other remedies, but with no better re- sults. Finally I decided to try Dr. Williams’ Pink Pills, and this was the first medicine that reached the root of my trouble. After taking the pills a few weeks I was much better, and by the time I had taken ten boxes I was entirely recovered. I now always keep the pills in the house and if I feel the least worn out take an occasional box and feel all right again.”' Sold by all medicine dealers or by mail at 50 cents a. box or six boxes for $2.50 from The Dr. Wil- liams’ Medicine Co., Brockville, Ont. I" GRASS BAD FOR TREES. Stunts ’l‘hem and Arrests All Healthy Growth. - At the Woburn experimental fruit ducted into the effect of grass on trees. and the experiments which have. been carried out form the sub- stance of the thirteenth report of the farm, whichhas just been isâ€" sued, says the London Daily Mail. It has been shown that the gen- eral result of grossing the ground, either by sowing seed or replacing the turf after the trees have been planted, is the arrestation of all healthy growth and the absolute stunting of the tree. A light and unhealthy character imparted to the leaves is one of the first noticeable results of the action of grass upon trees. "\Vith trees that are. feeling the full effect of grass the fruits are found to be small and ill developed. The variations in soil temperature are lees when the. ground is grassed, and this alone would be favorable to the growth of trees; but this good influence is outweighed by the. dele- terious effects. NEARL ~‘9DOES. Hokusâ€"-“Brcwnsmith boasts that he never breaks his word.” Pokusâ€"â€"“Well, considering how he stretches the truth I should say he had mighty good luck.” C ULTIVATE SID I‘l-"Q’ISIO N. Guards Against Dangers From Un- expected _ Sources. One of the most useful gifts one can have is a. good side-vision. By “side-vision” is meant, literally, the ability to see in several direc- tions at once,- and to know what is going on in other directions besides that upon which the gaze may be. fixed atthc moment. ‘ Just try'tho next time you are reading in the train, for instince, and you will understand clearly what is meant. You can with little effort, and while still reading, follow the move- ments of those sitting opposite you, and even those at your side. With a little practice. the range of your side-vision can be extended be- hind you. in each direction to an an- gle of fortyâ€"five degrees. and you can see clearly every movement that takes place on both sides simultan- eously. _ Now. just think what this means. The man in possession of a. good side-vision is not an easy one to take by surprise. In business he finds it a. valuable. asset,*espccially when talking with morethan one person at a. time. He can guard against dangers from unexpected sources, and when crossing a, roadway he can. clearly see. the trach coming from either direction, while still straight ahead. ,. ... _>X<_'...__._..__ A TROUBLE MAKER. Tea and Coffee Poison Breeds Variety of Ills. A California woman who didn’t know for twenty years what kept her ill, writes to tell how she won back her health by quitting coffee: (Tea. contains caffeineâ€"tho same drug found in coffee.) “I am 54 years old,” she says, “have ust coffee all my life and for 20 years suffered from indiges- tion and insomnia. Life was 21. burâ€" den and a. drag to me all the time, and about once a. year my ailments got such hold upon me that I was regularly ‘sick in bed’ for several weeks each time. “I was reluctant to conclude that coffee was the causo of my trouble, but I am thankful that I found out the truth. ‘ “Then I determined to use Pos- tum exclusivelyâ€"for a week at first â€"for I doubted my abilitv to do without coffee for any length of time. I made the Postum careful- ly,“ as directed, and before the week expired had my reward in a perceptible increase in strength and Spirits. “Seeing the good that my short experiment had accomplished, I resolved to continue the use of Pos- tum, cutting out the coffee entire- ly. This I did for nine months. finding, daily, increased cause for gratification at my steadily improv~ ing health. ’My indigestion gradu- ally left me, my sleep returned, I gained 26 pounds in weight, my color changed fronr sallow to a. fresh, rosy hue and life became a. blessing. “Then I thought I would try cof- fee again. and did so for a. few weeks. The punishment for descrt~ ing my good friend, Postum, was a return of my old troubles. “That taught me wisdom, and I am now and shall be all my life hereafter using Postum exclusively and enjoying the benefits it brings me.” Name given by Canadian Postum 00., Windsor. Ont. ' “There’s a reason,” and it is ex plained in the little book, “The Road toWellGillc.” in nkgs. Ever read the above letter? A new one ,appears irom time to time. They are genuine, true, and full of human interest. O >'< DICKENS’S LUCKY DAY. G‘rf‘l‘l65"DleCDS was not one of th/gn rl‘io are superstitious concern- ingiiii'riday. It was on Friday that many of the good things come to him. and it was on that day that he entered upon, paid the price, and took possession of Gods Hill, the one thing be cherished more than all of his other possessions. It was Gads Hill that he had gazed upon when a wee bit of a boy, with a hope, then giving little signs of fruiâ€" tion, tltahlle might live to own it some day; and it was Gods Hill whose. walls he covered with mirrors in almost Oriental magnificence. 42â€"...â€" womsu NEED GIN PILLS. Port Dufi‘erin. N. 8. "I was troubled with Kidney Diseases for several years. My back was weak. I had terrible headaches. and was so restless that I could not sleep at night. At last a friend told me about, Gin Pills. ‘I,’at once. got a box and after taking them I felt betterâ€"after three boxes I was cured. ETHEL DALCOKIBE.“ Write us for free sample of Gin Pills 126' try. Then get the regular size boxes at your dealer's or direct from, its-50c. a box. 6 for $2.50. Money refunded if Gin Pills fail to cure. National Drug do Chemical Co. of Canada. Limited. Dept. W.L.. Toronto. ... . .muumnr-‘wmu looking . compulsion to swallow my broth. n! . lump“, ’ ENSURES PERFECT BAKING RESULTS ll lip commune. lllll'" no awn _. 1 MADE m IEWGELLET.,I I: 31M I TED‘ "sorrow:it‘s)»,eo.ys'r.i . l CANADA QOMFMW‘ will”. _. l 5, O s. .1.. SCOTTISH DISCIPLINE. I EXTRAVACANT ECONOMY. John Stuart Blackic Tells of liis Should Not Rug; ’i'hings Not Re- EXDCI'IOHCO- 1 (llllI'Cil, However Cheap. “‘1 am not conscious of any great iniquity that I committed in those some women do “Oh seem to ma- .[ . ,, ‘. I _ [lizc that there is a. great gulf be- boylSh dd’ys’ wutcs Jehn Stua'ltltwccn economy and extravagant Blackic in a chapter of early rcc-ol- , . __ . . . . . . . lections in 'his “Notes of a. Life.” :filgjlgzai The) Me apt to {MOI And as .to the one he that he can re- call, the reader wonders of his statement was not pretty accurate, after all, considering what he had been through. once I tom 3‘ he; but the occaswn bought to make the put-chaos. usa~ was an unusual one, and a severe .‘ .v ,. _ V I, I ” trial to juvenile flash. I had a. ndtu- géet’hl: is: his hater to broth, that as, vulgar vagant economy to bl“; things Smtdl broth? 0f Winch chopped which are not h‘oquircd,“ however vegetables" {ire the Chm? mgre‘dl' cheap they may byeâ€"though women cuts; but this was a. palatal fancy are Slow to acknowledge this which the severe disciplinarians of ' . Again there are women who walk ‘ . l1 ' , 3 . . ,‘ _' . 9 I _ . those (lays (ad not think it picfitablc a couple 0t mlles, wearmg out Sho_e_ to indulge; so I was forced by slicer ! leather and patience, in order to O I I n h save a. cent on two yards of ribbon. . . . _ n , - - “0 (Dal: 1900 cell, t- ‘3 Sven“ l Others Will buy four tunes as much at this , moment .be'mg dlstlncuy l meat as they require, because they grave“ m III-V b-ra'miflthe midday l it so much cheaper by taking the meal was bemg emitted between piece. The same meat is served one and two orclocki then. as usual, daily “mt-1] every member of the I began to probest “Olenuy agumst house is sick of its sight and final- the broth, and with such emphatic 1y some is “flown away: Economy dfft‘ermmat'lon ~ that“ Perhaps) I'lics in the. complete good manage- nghb have succeeded for the tune. ment of mcmCV-__in gem-ing- the best But there. was present on that 00- possible domains worth out of every casion oneof those stern, hard- dollar. faced, unmarried ladiesâ€"1.6.0 not __ remember whether it was an aunt 01‘ only a family friendâ€"Who 511:6. al- When buying soap it is economy ways at hand to lend their and t0 to get it in large quantities, as one nerve (the wavering arm of maternal gets more forthe money. and soap discipline. This lady took the shortâ€" that is stored and dried will last est and most efficient way to stop my much longer. protestations by putting a. funnel ' Women will buy a. thing that is cheap, Simply because it is priced at a. quarter the ordinary vilue. '14.. into my mouth and forcing the hated concoction down my throat. There was a victory gained.by Spartan discipline over refractory boyhood ; but the trcdde-n snake ‘will sting, and the boy must have his re.â€" venge. . So for an hour or more I roared myself into a. red-eyed rage truly terrific, and, then, instead of going to school at the usual hour, three o’clock,â€"I hid myself in a press till the school hours were over, and then reappeared on the scene, withâ€" out suspicion. The next day, going «to- school, and being interrogated as to the cause of my absence. I said I had been un- ' well and could not come. This, of course, was a lie, and the whole af- fair coming to the ear of my father, I was soundly flogged. Whether this flogging, or perhaps rather something radical and deep within, has been the cause of the profound abhorrence winch I have through life entertained of all forms and fashions of untruth, I Wlll not inquire. [Ill .‘5AH‘ V 1‘ MRS. G. A. BELBY AND CHaLD' Use: 7071le ’Cuticurtz Soap for Prize .Baéy' "I have always used Cuticura Soap and no other for my baby, and he has never had a sore of any kind. He does not even charge as most baâ€" bies do. I feel that it is all owin to Cuticura Soap for he is fine an healthy, and_when five months old . won a prize m a baby contest. It makes my heart ache to go into so many homes and sees. sweet faced baby with the whole top of its head a solid mass of scuri’, caused by the use ofgcor soup. I always recom- mend ticum, and nine times out of ten the next time I see the mother she sa 5 ‘ Oh! I am so glad you told me o Cuticuro.’ “ (. igned) Mrs. G. A. Selby, Itcdondo Beach, Calif. Although Cuticum Seep is sold by drug- glsts and dealers everywhere. a postal to "Cutlcurn." Dept. 8M. Boston, Il.8.A.. will secure a liberal sample. with 32-p. book on the care or skin. scalp and hair. fie A RETORT COURTEOUS. He (maliciously)â€"â€"~You\s_cc, brides are to be had so easily that they are actually given away at the wed- dings. ‘ She (acidly)â€"â€"ch. in spite of the fact that the majority of the poor things are sold. e Séiiollb Ewe QUICKLY STOPS COUGHB. CURES COLDS, HEALS THE THROAT AND LUNGS. 25 CENTS Christian nations of the world tom] 47‘). million people; nonâ€"Chris- tian, 948 millions. â€"__-__....'.__â€"â€"_~ 52.7. ON YOUR lDLE MONEY (1 Western Canada 5% First Mortgage Bonds will unquestionably appreciate considerably in value during the next 2 or 3 years. Investigation proves that Public Utility Bonds of this nature are the most profitable form of investment-- for instance-«Winnipeg Electric 5% Bonds sell now at 104 ; Shziwinigan Water and Power Co. 5% at 103; British Columbia Electric Co. 4%% bonds at 102 V . The city and suburbs of Vauctmver are growing very rapidly. Western Canada Power Co. plant islocatcd 35 miles from Vancouver and New Westminster. B.C. It supplies these cities and surrounding terntOry thh electric power. This company has perpetual water rights from the Canadian government. _ Many of Canada's leading financiers are large holders of these bonds. Directorate includes Slf Max Ailken; Mr. T. J. Drummond; Mr. A. R. Doble, Secretary, Bank of Montreal: Mr. Campbell Sweeney, Manager Bank of Montreal, Vancouver. lfyou have my mom: for investment westrongly. recommend Western Canada Power Company Bonds yielding over 55% Detailed information and ,hst of bondholders Will be willingly sent on request. ROYAL SECUR'T'ES * > , CORPORATION LIMITED BANK OF MONTREAL BUILDING . - r . YONGE STREETS R. M. WHl'l‘E M0NTREAL~ousssc-HALinx-o‘r‘mwa Manager LON DON (ENQ' .Tliat is all very well; but when half - l-a. dozen other things have to be.