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lflRflNlfl BilliliSPilNlllNill ‘ ESTING BITS OF GOSSIP FROM 7 ,, THE QUEEN CITY. In the Happy Summer Timeâ€"where To- rontonlans Spend Their Holidays «Visitors From the states. In midsummer holiday time Toronto neonic scatter to the ends of the earth. There is no one place or locality or dis- trict that can be described as Torontos summer resort. So many places are avail- able that the populationficekmg rest and recreation gets diffused in a way that is unusual. even for the largest cities. ' For the mos' part. they stay in Canada. though an increasing number have the time and money to take an ocean voyage and European tour, and a. number. of others seek the mountains of New England or the seashore of Maine, Connecticut. or New Jersey. But the popular .resorts for those who wish to stay Within striking distance of the city are Lake Simcoe. which is becoming surrounded-by settle- ments of Toronto summer viSLtors. Geor- gian Bay. the Muskoka Lakes, the Lake of Bays district. the Kawartha Lakes and the other localities of central Ontario. which are honeycombed with lakes and streams. THE REAL SUBURBANITES. A population of several thousand find summer houses along the north shore of Lake Ontario. so close that the men folks can get to the city for business by train every day. These settlements extend al< most. as far as Hamilton on the west and a- similar distance to .the cast. some of these enthusiasts have built residences suitable for all the yeai habitation. but the winter "snbnrbanites"! have not mul- tiplied fast as yet. Still others cross the lake to the Niagara and Grimsbv dis~ tricts, and smaller groups scatter all over the Province. Searcer a town but has Its quota. of Toronto holidayers. . But they nearly all get backdn time for the Exhibition. and Toronto is hapnv if they only bring all their summer friends with them. COTTAGES COST 3500 FOR SUMMER. Toronto Island“ deserted to the east winds and mountains of ice in winter. is itself the center of a dense sumdierpo- pulation. It is onlv a sandbar which. while providing a delightful beach gives little encouragement to vegetation. But It remains tremendously popular, as evi- denced by the fact that comparatively small. rough-finished frame cottages com- mand rentals of $500 and more for the summer months. CITY FULL OF VISITORS. But Toronto shows no signshofnuietness. even in tho\dosr days. for it is itself a "summer resort. Traffic on all the down- town streets is as dense in July‘as it is in April. It is only when one visits the better residential streets and sees long rows of houses with the blinds drawn and no sign of life anywhere visible that one realizes that the holidays are in full swing. Every day American visitors throng the retail districts. Many of them come by boat from Niagara. American railways from all over the States run excursions to Niagara Falls and from that pmnt thousands daily make a one-day trip across Lake Ontario to Toronto. The crowd at the foot of Yonge street after the arrival of a. boat often seems to be composed entirely of visitors from Ken- tucky. Tennessee or other southern pomts. They are easily distinguished from bright- cheeked Canadians by their sailow com- plexions, and the little peculiarities of their clothes. and when they speak. by their delightful southern drawl. GETTING A BIRD'S-EYE VIEW. If their visit is but for the day the fa- vorite thing to do is to take a sight- seeing motor 'bus. and have a_"jov ride" around the city. The guides give them a lot of so-called information about men and places,‘ most of which will scarcely bear examination. But they go away anny because they at least think they ave learned a. lot about Toronto and Canada. and there is no people under the sun more desirous of superficial know- ledge than the Americans. But many of them stay more than a day; and perhaps make further excur- sions into Canada. The trafiic is increas- ing year after year. which indicates that those who come must carry back favor- able impressions. DANGER. or FLAG INCIDENTS. ' One thing that continually threatens to mar the visits of our American cousins Is the ever-present danger of a. tie-.- in- cident cropping up. Perhaps it is an over-zealous Yankee patriot. or it may be a. materialistic Canadian merchant seeking customers, who invites trouble by an improper use of "Old Glory." The trouble is that we on this continent have not yet learned the etiquette of flag fly- ing. The universal rule is that if it is desired to display the flag of a foreign country. the flag of the soil on which it stands must top it on the mast. If this rule were universally followed there would be no reason for anyone to feel insulted. and no reason for anv complaints. “HERB” LENNOX'S PICNIC. "Herb" Leniiox’s picnic in North York has become an annual midsummer insti- tution. It is announced that. now that Tammany Hall of New York has gone Save Money and Increase its Earning Power WE have issued a. Book- Ict describing the _“ PERIODICAL PAYMENT PLAN ” {Mm " - ;.,, r. out of the picnic business. "Herb's'". is the greatest political picnic in America. No disrespect is intended by the use of the nickname "Herb." That's what he likes to be called. and the name under which he advertises the picnic. It. helps to make votes. and besides he really likes it. North York is one of those constituencies which shows more loyalty to men than to parties. This is illustrated by the fact that it. is nearly the same riding that now gives Lennon' 9. thousand of a ma- jority that used to give Sir William Mu- lock a four-figured majority nearly every election. “Bill” had his own ways of keeping in touch with his constituents, the picnic is “Herb's” wayâ€"one of them. It also gives him an opportunity to show a lot of his city friends the beauties of Lake Simcoe. The farmers and their families come in thousands. There is dancing and sports and a good time gen. eraliy. with a suitable seasoning of speeches for the more seriousminded. speeches which. it does not need to be ndded. contain onlv good Conservative doctrine. A HYDRO-ELECTRIC LOSS. There is Iveneral regret at tho retire- ment of P. W. Sothman from the chief engineership of the Hydro-Electric Com~ mission to go into private practice. In his profession Sothman is regarded akin to a genius. By birth he is Danish and talks English only with a decided. but vcrv attractive, accent. His hobby is airshins. He has designed more than one. and has constructed mod- els. Many times have his report-er friends pleaded with him to let them print an airship’story about him. but he always refused. He was too busy working for tho Governmcnt. he said. Sothman used to be very short~sighted Then when on a bio engineering job in Liberia he met with an accident which sent many thousand volts of electricity through his body. He was knocked sense- less and badly scarred by the burns, but his short-sightedness vanished. He applied to the Hydro-Electric Com- mission through an advertisement in a New York engineering paper. And it was a lucky day when he came to Can- ada. He proposes to stay here. .R4___._._ A WINNING START. A Perfectly Digested Breakfast Makes Nerve Force for the Day. Everything goes wrong if the breakfast lies in your stomach like a. mud pie. What you eat does harm if you can’t digest itâ€"~â€"it turns to poison. A bright lady teacher foundthis to be true, even of an ordinary light breakfast of eggs and toast. ' She says: “Two years ago I contracted a very annoying form of indigestion. My stomach was in such condition that a simple' breakfast of fruit, toast and egg gave me great dis- tress. “I was slow to believe that trou- ble could come from such a simple diet, but finally had to give it up, and found a. great change upon a cup of hot Postum and Grape-Nuts ‘with cream, for my morning meal. For more than a. year I have held to this course and have not suffered except when injudiciously varying my diet. - “I have been a teacher for sever- al years and find that my easily di-' gested breakfast means a. saving of nervous force for the entire day. My gain of ten pounds in weight al- so causes me to want to testify to the value of Grape-Nuts. “Grape-Nuts holds first rank at our table.” ' Name given by Canadian Postum 00., Windsor, Ont. “There’s a reason.” little book, “The Road ville,” in pkgs. Ever real the above letter? A new one appears from time to time. They an genuine. true. and full of human Interest. ’1‘ PEARLS OF TRUTH. God loves a hungry child that is aye crying for breadâ€"Samuel Rutherford. No one is useless in this world who lightens the burden of it for any one elseâ€"Dickens. .Let- us be not too particular. It is better to have old second-hand diamonds than none at all.â€"Mark Twain. . When I want any good headwork done I always choose a. man, if suit- able otherwise, with a long nose.â€" Napoleon. ’ Constant application to pleasure takes away the enjoyment, or ra- ther turns it into the nature of a, very burdensome and Read the to Well- There is only one road to human; prosperity. and it is the same for a3 - nation as for an individual. That is; the honest road of hard work under} ; free institutions, and wheu~theyl I, they}. tried to teach people that 'which our goods laboriousE " busxness.â€"â€"Burke. . j could be made rich by some shortl cut they were doing that which was thorougth dishonestâ€"Mr. Walter Izong). III-.1). for the purchase of stocks and bonds. 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. THE usrscpnuns sscusmsssesscv Is};- - _.L-IMITED - - The water wagon passes Right by my humble door, They call to me to climb it.â€" I will not board it more. I have a. gnawing hunger Its fluid does not_slake I want the butcher wagon That used to stop with steak. The loud bandwagon passes With statesmen clustered thick, They call to me to join them _ And save the country quick. . Alas! they fill no stomach, 1“ Its place they cannot takeâ€" -" The good old butcher wagon ' Tim: used to stop with steak. ‘ {.460 8!. James St; MONTREAL In Mountain Hill. QU83EJ LAMWT or THE RISE IN BEEF. ‘ ” ZAM-BUK AND OUTDOOR LIFE. Every tennis or ball player, every swimmer, every canoeist, every man of woman who loves outdoor life and exercise, should keep a box of Zam-Buk handy. Zam-Buk is a purely herbal pre- paration, which, as soon as applied MAKING signalling A REGENT AND ACCURATE DEFINITION OF THE TERM "INVESTMENT." A Couple of Examples as to Why It Is Incorrect to Call Ellen the Most Consor- vatlve Shares investments to cuts, bruises, burns, sprains, c°mm°n . . - St lot blisters, etc., sets up highly bene- 35::ingusmg the Term In "s r ficial operations. First, its anti- septic properties render the wound free from all danger from blood poisoning. Next, its soothing proâ€" perties relieve and ease the pain. Then its rich, herbal balms pene- trate the, tissue, and set up the wonderful. process of healing. are all quickly cured by Zam-Buk. Barbed wire scratches, insect stings, are all quickly cured by Zam-Buk. All druggists and stores. Use Zam- Buk Soap also; 35c. per tablet. ‘1‘ SINGING FOR CONVICTS. Latest Innovation in Berlin’s Fain- ous Moabii: Prison. Singing is the latest innovation introduced by the German prison authorities for the diversion of con- victs. In the famous Moabit prison for long term convicts in Berlin, priâ€"~ soners. who possess musical talent are formed into a class which as- sembles every night in the centre corridor just before the convicts 'go to bed to sing sacred songs. These songs reverberate through all the galleries of the prison and into the cells, the doors of which are opened for the purpose. On Sunday afternoon all the convicts gather in the prison chapel to join in choral singing. _ As silence is strictlv enforced at the Moabit prison, the convicts look forward to the opportunity to sing with almost childish delight. “’14 GET ACQUAINTED WITH YOUR NEIGHBORS. The articles contributed by “Investor” are for the sole purpose of guiding pros. pective investors. and. if possible. of sav- ing them from losing money 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. (By “Investor.") Some of the writers on investment. \vhosc opinions are most respected. claim that putting money in shares is not in' ves‘ing it. This definition. of an invest- ment is something which one may pur- chase in the shape of a. negotiable secur- ity which involves the payment of. inter- est and the repayment of the capital at some fixed time in the future, or under certain definite conditions. words, an investment is always a loan. and any securities which do not repre- sent money loaned are not, according to their definition. an investment. True. they say. some securities almost fulfil all the requirements of an investment that are not loans. but strictly speaking they are not investments. There is a good deal to be said for their position, for undoubtedly that de- scription comes very close to a general definition.~ Unfortunately some mortgages cannot be considered investments. nor yet some shares cannot be accurately_de- scribed as speculations. However. it is a fairly accurate definition, and pretty well on the safe side. ' Take such a security as Consumers' Gas Company of Toronto shares. These are used as an illustration because the 09m- Dany is so situated that the hypothetical cases which I shall suggest cannot take place in connection therewith. ,I make this statement to reassure any holders of Consumers' Gas stock, who might other- wise fecl uneasy at reading these sug- Bestions. Now. Consumers' Gas stock is as nearly a true investment as it is possible for a stock to be. It has no speculative Side. Its returns are limited by law to 10 per cent. on the par value. which represents about 51-4 per cent on the present mar- ket price of the‘shares. Its earnings have been steadily growing. and it is well managed. It commands a ready market with very few fluctuations. in price. Its assets are substantialland valuable. Ap- pareiitlv it is a pure quibble to say it is not an investment. Suppose. however. the recent annexa- tions to the City of Toronto required a sudden expansion in the company's sys- tem of mains and in its plant. A. less substantial company would find it neces- sary to issue securities more attractive If you are genteel in appearance and courteous in your mauiier. 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 I give. places thevusers under an obligation to you. which wins for you the same respect. esteem, and in- timate friendship given the priest. physi cian. or pastor. and you will make more money from your spare time than you drca'mpf. besides a host of friends. This is your opportunity for a pleasant. profitable and permanent business. Ad- dress, The Home Supply 00.. Dept 20. Merv rill Building, Torontxo. Ont. PANSIES GIVE A SURPRISE. â€"~ Seed Must Have Lain Dormant More Than a. Century. The Rev. Tertius Poole, Vicar of Culmstock, in 'Devon, England, tells a, curious story of the results of p10 ghing in a. grass lawn the year be ore last for the purpose of turning it into a. rose garden. He says the lawn had not been disturb- ed for quite a. hundred years. A parishioner who is 95 years of ago says that his father used to mow it when he was a child. Since it has been ploughed in it has been cover- ed with an amazing assortment of pansies of splendid quality. “No seed.” says the vicar, “has been sown nor have there been any pansies nearby. The only solution I can give'is that the seed must have lain dormant in the soil for more than a century.” One of the pansies, it appears, is of an altogether unusual type, beâ€" ing like a. gold and bronze butter- fly. and conceivably the Consumers' Gas Company during some such period of stress as occurred in 1892, 1902 or.. 1907 might. find it necessary to sell bonds to raise this money. These bonds would. of course. come ahead of the common stock. and- that stock would. by the issue of bonds, become less satisfactory as an in- vestment. Indeed. it might happen that as earnings are limited to a. sum which cut to pay 10 per cent. on the common stock, that in order to pay the bond in- terest it would be necessary to cut. the return on the junior securit . ~ Or. suppose, under stress of a coal strike or some other nnforseen contin- gency the Company's earnings fell be- low the 10 per cent. mark. It would be necessary to cut the dividend in order to keep within the earnings. But a bond in a similar position couldn't be denied its interest. In a period,of stress such a company could raise by means of a loan from its bank’ enouin mouev to take care of such a temporary contin- gency. But the law and the ordinary principles of good business would pre- vent the directors taking similar steps in N those sections of Canada where there is the greatest per capita wealth, Bonds form the largest item in the list of investments. Bonds are considered 'the most desirable method of investment from standpoints of safety. income and convenience. .______.1.__‘__g GETTING SHODDY. Lew Dikeâ€"They don’t put good material in the goods they make now-a-days: . . Walt HeWesâ€"That’s true. ' I’ used to get neckties that would last fifteen years; now . I can’t get more’n ten outer them. The purchase of the first bondâ€"whether $100, $500 or $Ioooâ€"forms the basis of a permanent and independent income. The satisfaction in its possession stimulates the desire to own another. First Iartgaga Sinking Fund Bonds Ritz-Garlton Hotel company of Montreal, Limited 1 We can aid you in solving the problem of making your money earn more moneyâ€" making your savings grow and earn a constantly increasing income. The man of small capital should consider the safety of Price 95 and Interest his investments. He needs to Special circular on request OANAOA SECURITIES ' CORPORATION LTD. Iontnol. Toronto. London, Eng. r“-..- nominee; In other .7 than ordinary stock to raise the money. ‘ "uqu . nuu 18111. i ‘.;. .I'IL‘. .‘»‘."t‘.~ v THE STANDARD _ ARTICLE ~ SOLD EVERYWHERE ‘ I . l . fonlmakllng‘. son , Spfiefllilgllwfi lbdlffimdvmg II" I! ll l e'lcllltllllblmn. . sfillldeumllll'os' s, ulllklllfilulsl lIlllIIIIIHHIIIIIIIIIHII' Him erlpuipcses! EwoiLLE'rr r .COMPANY LIMITED 0R0 NT ill-ml l I ér. [liuquLNHIIII' I I IV] :nmul", I u llillilll illllliilllllll O var-4.5. - N... I -. lpam l' .0 NT. j; connection with thedividend in such a. case. That is why a stock should not be called an investment. Many people will ilnd fault with this attitude. but when we come right down to facts nothing can be de- vised which will ‘come ahead of a mort- gageâ€"and therefore secured by mortgage; but of bond. which if a conti is “â€" gencv arises it is a .very simple matter to slip In a couple of bond issues and all descriptions of preferred stock be- tween the common stock and the assets. And even if there is nothing between. the common, shareholders has no right to demand. or expect to get his money back. He is merely a partner in the enterprise. ‘1‘ A man seldom v..â€" generates Steam with the money he burns. Occasionally v we meet Even a small man may have a large opinion of himself. any a gro wn man who can eat almost as much as a small boy. is u. f C'sa The Ownership of a Bond Lays the Basis of a . PERMANENT Income Tread sofin - I Step safe"; I u ‘ PAW RUBBER SOLES . Embody the patented features w Heels. know about bond investments because they offer the highest possiblcgreturn c oasistent with absolute security. 'We have eXCellent bonds in denominations of $100 and 3 500 as well as $1000} of these bonds The Security is established by expert engineers and expert attorneys. The financial position of the properties by which bonds are secured is strictly investigated by us before bon to our customersâ€"in fact, Since the organization there has been principal or interest payments on any bond it has brought out. We will be pleased to consult or correspond with investors regarding any which they may We have bonds of the highest grade yielding from 5% to 6% ' , ROYAL SECURITIES CQBPQBB‘IIQUb .. nan; ds are offered of this house no default in securities in be interested. melanoma Al“. morocco are Home awesome R-M ' WH I TEL. merino an} QUEBEC' HAL! F'A ., 1.0119013. ammo ...v9:1-_-rAw».