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Terrible Wreck "on the 'Lehigh ~ Valley Railroad Near Manchester, N.Y. A despatch from Manchester, N. Y., says: --Speeding eastward be- - hind time, Lehigh Valley passenger + train No. 4 ran into a spread rail ~. on a trestle near here on Friday and two day coaches from the mid- © section of the train plunged down- ward forty feet, Sirining the east embankment like a pair of project- iles. In the awful plunge and crash at least thirey-seven persons are believed to have been killed and more than sixty injured. The in- juries of several are so serious that it is feared they will die. The ~ . wreck was the worst in the history of the Lehigh Valley line in this state and one of the most disastr us ever recorded on the system. Crowded with passengers, many of whom were war veterans and excur- sionists from the Grand Army of the Republic encampment at Rochester, train No. 4, made up of fourteen cars, drawn by two big mogul en- gines; was forty minutes late when it reached Rochester Junction, and from there sped eastward to make up time before reaching Geneva. The engine and two day coaches had just passed the centre of a four-hundred-foot trestle over Can- andaigua outlet, 150 yards east of 'the station at Manchester, at 12.35 o'clock, when the Pullman car Aus- tin, the third car of a long train, deft the rails. It dragged the din- ing car with it and two day coaches and two Pullmans, in this order, fol- Towed. All bumped over the ties a short distance when the coupling between day coach No. 237 and the rear end of the diner broke. The forward end of the train dragged the derail- ed Pullman car Austin and the din- er over safely, after which both plunged down the south embank- ment and rolled over. The free end of 'the ill-fated Lehigh Valley . day goach, where most of the slaughter ~octured; shoved out-over the gulf end, followed by a Grand Trunk day coach, stripped the rear guard off the south side of the. #restle and plunged to the shallow riverbed more than forty feet below. = mem sien Nd £, OF $2,500,000. =< xtraordinary 'Bffget of the: Strike XE on British Lines. Loddon 'sys. -- 2 allways: lost éonsiderably ore than £300,000 as & result of the two days" "strike last "woek. The trafic returns published Friday night chow an aggregate decrenss of £463,000, 'whereas under normal conditions an. {norease; of £60,000 might have Leen looked for. On the London and North-Western the falling off « was' £101,000, . on the Great Western: £01,000, on the Mid- land Line £54,000, and on the Lan- . eashire and Yorkshire, and North- Bastern about £50,000 in each case. Df course, some of the traffic, on the big trado lines; especially, is oh 1088 A merely delayed, and there ought to' be unusually gocd returns for - the pext weck or two, but much of the .tevenue is irretricvably lost. -- TETRYE Bottle of Alcohol The end of the first day coach that went over struck the east embank- ment of solid masonry and, with the other sixty-foot cars behind it, both shot against the wall with terrific force. Both oars were filled with buman- ity as the plunge was made, and in a few minutes the cars lay, a mass of crumbled wood, metal and glass, under which a hundred men, women and children, many of whom were killed instantly, were buried. The most destruction occurred in the day coach No. 237, and a dozen per- sons were later taken dead from the second day coach, which, having fol- lowed the first over the trestle, snapped its rear coupling and thus saved the rest of the train from be- ing dragged over. This second day coach struck on the bottom and stood up, the rear end projecting a few feet above the top of the trestle. All of the pas- sengers in this car were piled in a tangled mass of broken seats at the bottom of the car. Indescrable pandemonium follow- ed. The Pullman ear, Emelyn, which remained on the bridge, with one end projecting over the gulch, and several cars behind it, derailed, and n immedoate danger" of going over on the mass of wreckage below, were soon emptied of all their pas- sengers, and these, aided by gangs of railroad employes from the big freight yards at Manchester, rush- ed to aid. As the groans of the inr jured and dying were heard below, all possible speed was 'made, but it was several minutes before anybody reached the cars at the bottom tb effect rescues. It was necessary to chop through the sides and bottom and the work of removing the victims moved with painful slowness. Death had come swiftly to many, a large number of the dead having had their skulls crushed in when they were thrown with terrible velocity against the car seats and projections. The mortality was high among the older passengers, most of whom were bat- tle-scarred veterans of the Civil War and their wives. - - - BURNED AT THE STAKE. . 3,000 Men, Women and Children Watched the Lynching. : A. despatch fram Purcell; Okla- hoi, See oie 3 i Okla: men and children | ly 'shouting their approval, Peter Carter, a negro, who had been captured by the members of his own race, identi- fied as the man who Wednesday night attacked Mrs, Minnie Sprag- gins, wife of a farmer, was burned to death on a brush. pile in the main street. of Purcell at five o'clock . on Thursday afternoon. Deputy Sheriff Hayes and Under Bheriff Farris, who attempted to rescue the negro from the crowd, were over- powered and locked in the Court- house. . Too many "people. waste their] time in condemning the work: of others instead of spénding it ia .irying to improve their own. e, Which Exploded. all, Ont.s ent, tool .-Bailey, in his 1 Hames, and was assisted by sever- al neighbors who saw her rush out. It was some time before the doctors ped, but within fifteen or twenty LEPORTS FROM THE LEADING TEADE CENTRES OF 7 AMERICA. of Cattle, Gratn, Chcess' and' Other Produce at Home and Abroad, BREADSTUFFS. Toronto, Aug. 2.--Floar--Winter wheat | %0 per cent. patents, $3.35 to $3.40, Mont: real freight. Manitoba flours--First pat- euts, $6.30; second patents, $4.80; and strong: bakers', $4.60, on track, Toronto. Manitoba wheat--No. . 1 Northern, $1.- 041-2, Bay ports; No. 2 at $1.031-2; and No. 3 ut $1.011.2. Ontario wheat--New No. 2 at 82, out side, and old at 8 to 84c, outside. Peas--87 to 88c, f.o,b. cars, outside. Oats--Ontario grades, 40c outside, for NG. 2, and 43, on track; Torouto. New No. 2 at 37¢, outside. No. 2 W. CO. oats at 421-2, and No. 3 at 411.2, Bay ports. Corn--No. 2 Wmerican yellow, 66 1-2¢, Bay ports, and 71, Toronto. Rye--There is none offering, and prices are nominal. Buckwheat--Nothing offering. Bran--Manitobas at $22, in bags, To- ronto, and shorts $25, ii bags, Toronto. Ontario bran, $22, in bags, Toronto. COUNTRY PRODUCE. Beans--8mall lots, $2.20 to $2.25. Houey--Extracted, in tins, 21 to 21c per Ib. Combs, 82 to $2.60. Baled-hay--No. 1 at $13 to $14, on track, and No. 2 at $11 to $14. Baled straw--$6 to $6.50, on track, To- ronto. . Potatoes--New, in barrels, $4.50, and per bush, $1.25 to $1.50. Poultry--Ducks, live, 11 to 12; hens, alive, 12 to 13¢; chicks, live, 13 to 1bc. BUTTER AND EGGS. Butter--Dairy prints, 20 to 2c; infer- ior, 15 to 17c. Creamery 25 to 26c per lb. for rolls; and 23 to 2c for solids. Eggs--S8trictly new-laid, 22 to 2c, and fresh at 18 to 19 per dozem, in case lots. HOG PRODUCTS. 113-4c per lb., in Pork, short cut, $23; do., mess Bacon--Long clear, case lots. $21. Hams--Medium to light, 17 to 18; do., heavy, 1512 to 16c; rolls, 1112 to 120; breakfast bacom, 17 to 1Bc; back, 191-2 to 20c. Lard--Tierces, 101-2c; tubs, 103-4c; pails, le. BUSINESS AT MONTREAL. Montreal, Aug. 29. -- Oats. -- C. W. No. 2, 4334 to 44c, car lots, ex-store; extra No. 1 feed, 4314 to 431-2¢c; No. 3 C. W., 4234 to 43. Flour--Manitoba Bpring wheat patents, firsts, $5.40; sec- onds, $4.90; winter wheat patents, 64. 50 to 84.75; strong bakers', $4.70; straight rollers, $4 to $4.10; in bags, $1.85 to #2. Rolled oats--Per barrel, $4.75; bag of 90 1bs., $2.25. Corn--American, No. 3 yellow, 70c. Millfeed--Bran, Ontario, $22 to 823; Manitoba, $21 to $22; middlings, Ontario, $25 to $26; shorts, Manitoba, $24; mou- illie, 825 to $31. Eggs--Belected, 22 to 2c; fresh, 171-2 to 18c; No. 1 stock, 181-2 to 200. Cheese Westerns, 123-4 to 131.8¢; Easterns, 1212 to 1258c. Butter--Choi- cest, 241-4 to 241-2c; seconds, 23 to Bdc. UNITED STATES MARKETS. Buffalo, Aug. 29.--Spring wheat--No. 1 Northern, carloads, store, $1.18; Winter, No. 2 red, 921-2c; No. 3 red, 9c; No. 2 white, 9c. Corn--No. 3 yellow, 681-4c; No. 4 yellow, 661-2c; No. 3 corm, 661-4c, all on track, through billed. Oats--No. 2 white, 430; No. 3 white, 4214c; No. 4 white, 411-4c. Barley--Malting, $1.14 to $1.22. Minneapolis, Aug. 29.--Wheat--Septem- ber, $1.0234; December, §1.0358; May, 61.- 071-4; No. 1 hard, $1.0734; No. 1 North- ern, $1.0434 t6 $1.0714; No. 2 Northern, 993-40 to: $1.06 34; No. 3 wheat, %34c to $1.0234, Corp--Ne, 3 yellow, 6212c. Oats 'No. 2 white, 4114 to 4112. Rye-- No. 2, 78 to 8c. Bran--$20.50 to $21. Flour ~Pirst patents, "$5 to $5.20; second pat. ents; $4.50 to- $4.75; AFst clears, $3.36 to $3.55; second clears, . $2.35 to $2.50. LIVE STOCK MARKETS. Montreal, Aug. 29.--A fairly "trade was done, with sales of choice steers at 61-Adc, good at 534 to 6c, fairly good at 51-4 to 512, fair at 434 to 6c, and common at 41-2 pound. Cows from 4 to 51, and s at from 3 to 41.20 per pound as to quality. Lambs sold at 6c and sheep at 4¢ per pound. The demand for calves was good, and sales were made at prices ranging from active | 830 to $10 each, as to sise and quality. Sales of selected hogs were made at $7.50, and mixed and heavy lots at from $6 to $7.25 per ewt., weighted off cars. ah wets riage WESTERNERS TO TRAVEL. Prominent Business Men. Will Visit Great Britain Next Year. "A "despatch from Winnipeg says, =| --One hundred prominent Western Canada business men will visit the chief industrial cities. of Great Britain. duri June next year. This was definitely decided at a directors' meeting of the Winnipeg Industrial Bureau on Thursday. Leading financial and commercial men representing all Western cities, will be invited to accompany the Winnipeg party, cos itinerary ab six weeks' | Fr FT SPRAO Policeman Winnipeg +A despatch from Winnipeg says: Constable Trainer was shot in the lung and' Constable Brown was fired at 15 times, but not hit, by three house-breakers whom the ot- ficers were trying to arrest in Elmwood and North Winnipeg ov Wednesday afternoon. Trainer is in a serious condition. Two men are now in the cells. The police were notified that house-breakers were at work about 3 o'clock, and Constable Trainer, on his motor- cycle, started for Elmwood, uu- armed. He was informed that tho man had gone to the segregated district, and located them at a house on Rachael street. He was refused admission, and on going two the rear door was shot 'n the hip and laid out. Constable Bruwp. who had eben sent t. his ass st- ance, set off after the men, as they left the house, and all «f thm opened fire on him in the street, and of 15 shots sent .: lus direc- WAKING SAFE IVESTHENTS SAFETY OF A BOND DOES NOT DEPEND ON STABILITY OF MARKET PRICE How necessary It is for a man to know what his requirements are before invest- Ing--How some high class Securities sag In the Market without any doubt as to their safety--A moral drawn from the recent failure of the Birkback Bank which was caused by not observing carefully the nature of its requirements. (By "Investor™) In the first of this scries it was shown that "distribution of risk" is an import ant principle of investment. It is a very simple one, however, involving no very confused ideas. There is ancther princi ple to be borne in mind when making in- vestments which is of no less importance, bat it is, however, considerably less ob- vious to those whose investment exper)- ence is small-and even to many who should understand its actions thoroughly. {his is the principle of investment "in cordance with actful requirements. Buppose a man went to a doctor and de- manded a prescription saying he was ill but refused to give his symptoms; you would consider that man a fit subject for a lunatic asylum. Yet he is not much more insane than the man who writes to an investmeut house and makes the bald statement that he desires to invest such- and-such a sum of money and asks them to recommend a security without stating any further particulars. Last week we saw that there are at least five important points to be considered in investing in ac- cordance with our actual requirements. It is necessary to know all the "symptoms of the case" in order to pick a security and to recomend an investment fulfilling the necessary points. Just to-day for ex- ample I received a letter from 'a man who asked if a certain stock was a good investment. And it was a good invest meut for certain classes of investors, but for many others it was most decidedly not so. Yet without giving any particulars as to whether he was rich or poor; wheth- er he desired great safety or a high in- come; if lie réquired a readily saleable stock or not; he wanted advice. As well ask a physician if a mustard plaster is good for a sick man without any des- cription as to his particular ailment. Bo these points are not to be passed over without. careful study, and if this study is given them it will result in your in- vesting your money in a manner which will give you the greatest satisfaction. There are two of these points quite likely to be confused-- Safety of Principal" and "Stability of Market Price." Yet when {avesting in any security except shares of stock, these points are utterly dissimilar. Why btocks are excepted will be taken up in another article as the explanation in- volves. some special features too lengthy for, the present discussion. For example, Consols--the famous abbre- viation for Consolidated Debt of Great Britain--have declined over twenty-five Target for a Fusilade. Shot and Another al tion only one same near hitting him; cutting a hole in the leg of his trousers. With another cfiicer he succeeded in gornering the tio in Euclid street, a few blocks from the segregated area. The final capture of the desperadies was due to the presence of mind and courage of a youthful c'vilian The fugitives hel® np a trolley car on Euclid Avenue, but the ci: vilian, hearing the police whistle, and seeing the fugitives urging the motorman to hasten, pulled off the trolley. The men then backed cut of the car, covering the passen- gers and crew, and commandeered a horse and buggy driving by. The same youthful civilian grabbed the horse's head and ducked a fusilade of bullets from the two despera- does, thus delaying them till the police arrived and effected thoir capture. Two of the men nrrast- ed gave their names as Harry Kelly and Frank Joanes, both of Minaea- polis. points in the market during the past ten years, although there has not been the least feeling that they were not perfeot- ly secure. Consols have for years been the premier investment security of the world and the alteration in quoted price has absolutely no effect upon their safety to the investor who, without any desire ever to sell, bought at par; for of course when the Government decide to re- pay them they will do so at par; but for the man to whom stability of market was a first consideration a more unfortunate high class investment could not have been chosen. Take the Birkback bank which in- vested heavily in Consols. The Directors bought a security and paid a high price for the element of safety, while stability of market price should have been their first thought. As a result of their lack of judgment and carelessness in diagnos ing their requirements, the hank was forc- ed to close its doors. Bo too the man with | a surplus supply of funds, which he may | require at an indefinite period in the fut- ure, but meantime desires a better rate of interest than saving banks must chose an investment which will en- able him to realize on his holdings at short notice with of course there are securities of this sort. Bonds which years of allow, little or po loss. within maturity when are a very few they be paid at par present this feature very | strongly. The stock of a bank such as the | Bank of Montreal, Bank of Nova Scotia | or of several others of equal merit are | will excellent mediums for the investor who wants a fairly high and certain return and an excellent chance io the long run of appreciating but the fluctua- tions of price which have beset all bank stocks in the market during the past eigh- teen months makes them a decidedly unde- in value; sirable form of investment when stability is the prime essential. The fluctuations had absolutely nothing to do with the condition of the banks themselves-- seldom have they done a better or more profitable business. The cause was quite removed from that and will be taken up fully within the next week or two. These brief examples serve to show not only the difference between "safety" and "stability of market price" but also in- dicate the importance of knowing what you want and getting it. EE KING MANUEL'S INCOME. Portuguese Government Says. llc Owes $10,000,000. A despatch from Lisbon That the Government has ascer- tained that King Manuel is indebt- ed to the country in the sum of $10,000,000, and accordingly will withdraw Manuel's monthly remit- tance, as his property is valued at only $5,000,000. It is said that the Guvernment has asked King Victor Emmanuel of Italy to set- tle the debts of the late Qucen Maria Pia, which amount to 81, 250,000, and that the King has re- fused. COPPER NINES A'despatch from Detroit, Mich., says: That the end of the copper ! mining, industry in Michigan is in 'and that it will not be many before the supposedly inex- on reach | End of the Michigan Industry Is In Sight Says Mining Expert. RUNNING OUT three months. His report was sub- mitted to the State Board of Equa- lization on Wednesday. The Board will use this report as a new basis for taxing the mines of the State. His outlook for 'the iron district is more encouraging, and the valua- tion he. says: |' NEVER ANY FAILURE OR DISAPPOINTMENT WHEN MAGIC BAKING POWDER IS USED. CONTAINS NO ALUM. COSTS NO MORE THAN THE ORDINARY KINDS. THE NEWS IN A PARAGRAPH OAPPENINGS FROM ALL OVER TOE GLOBE IN A NUTSHELL. Canada, the Empiro and the World in General Before Your Eyes. CANADA. Bugar was advanced by ten cent per hundred pounds. Mr. Nathan Overholt was killed by a train at Grimsby Beach. Mrs. Allen Karn died at London from injuries received in jumping off a moving street cai. Canal traffic shows a falling off for July, cheifly on account of tha decline in ore shipping. The agreement by which the C. P, R. cbtain an interest in the Quebeq Central has been completed, and awaits the ratification of the securi- ty holders of the smaller railway Bids for the construction of the new navy are still being consider ed at Ottawa, and it is not iikel that the contract will be award for some time. GREAT BRITAIN. The British House of Commong adjourned. The Duke of Sutherland arrived in Montreal on his way west, whore he has bought large tracts of lund The last census returns giv Greater London a population pi! 7,252,963. The Liverpool strike was settled by the re-employment of tramway men. . GENERAL. Leonardo da Vinci's masterpiece, "'La Glacondo,"" has disappeared from the Louvre, Paris. - : _ AND STILL THEY COME, Immigration Returns for July Shaw Cr Marked Inerease. . : A despatch from Ottawa, says: -- During the month of July, 29,681 immigrants arrived in Canada, 18,+ 609 at ocean ports and 11,012 from the United States. As compared, with July of last year, thé increase jis 17 per cent. For July last year the figures were 16,018 at ocean ports and 9,188 Americans. For tha four months of the current fisca year arrivals at ocean 'ports num- bered 197,925 and from the United States 54,814, making a total im< migration from April to July in< clusive of 182,739. ' The correspond+ ing months last year gave 100,372 af ocean 'ports and 54,669 Americans, making a total of 155,571, : eee eee TWO MORE BODIES FOUND. More Vietims Added to Aecount of the Porcupine Fire. A despatch from Porcupine says: Evidence that the total number of dead in the Porcupine fire will never be known is plainly snowan by the discovery of the remains of two mon recently. One find was made by J. J. Anderson, who was looking over some timber on tha Chisholm Vet in Tisdale. The skall: of a man and & Wy