AY NA, a rd AY oy Ba duo p | WN SLAIN INAR FAS LARGEST GROWERS OF NURSERY STOCK IN CANADA. MAKING SAFE INVESTMENTS LAND AS A MEDIUM IN WHICH TO INVEST, Too Speculative for Those of Small Capital Depending on Their. Income--Many Cood Features, However, for Those Who Use Care---Not Readily Saleable--Income Usu- ally Small. The articles contributed by "I estas are for the sole purpose of guidil pros pective iavestors, and, if /possible sav: ing them from losing money h Placing it in "'wild-oat' .mterpriges. mpartial and reliable charagter of the information may be relied upon. The . writer of these articles and the publisher of this paper have no interests to serve 10 convection with this matter other than those of the render. Next to real estate mortgages, probably, real estate itself forms the best known medium of investment in Canada. While mortgages are never. purchased for: their speculative possibifties--as was noted in a rocént issue, they lack this feature al- . together--real estate is, unfortunately, too often bought for mo other purpose shan the hope of making a quick profit. Of course, land may be purchased on the outskirts of growing cities with a reason. able prospect of making a profit; but real estate so purchased. can no longer claim the title of investment; it is a pure specu. lation. although often a reasonably "safe one. Land purchased for investment must be land capable of returning an income to the' puréhiaser over and above a moder: ate 'allowance for repairs, renewals and | sgontingencies, Buch land must, therefore, be capable of producing Crops,; of must have buildings erected on it" which are sufficiently desirable to be rented iat a rate which produces the return above mentioned. - "42 %Now, suth investment has not only' rea~ #: sonable = safety, but--in Canada--great ' prospects of appreciating in value. But, jupt as in the case of mortgages, the pur- chaser 'must use great care to chodse & «wplace that is growing and has good pros- pects of continuing to grow. It seems superfluous to discuss this form Mf investment at great length, as prac- ically everyone has at one time so 'in: "ented perhaps for $ho sake of the ren #441, 'or perhaps to obtal a farm ox house pe Jor 'his; own, use.. People who buy pro- sdf yertios to use invest for the reason that, vhile it does not return a regnlar income, t sayes a regular expenditure, which " -- to the "game" thing, Few pepe ws "Ate Unwisely 2 AL EXANDOR'S FURS In dealidg with us you are doing busi- uess with one of Canada's largest manu, facturers, and anything you may pur- chase from us is absolutely dependable, that {s to say we guarantees to use nothing but sound, solid skins, soft and very pli- able, cutting the garments by expert work men and using the very finest of trim. mings throughout. We have in stock a limited quantity of Ladies' Caracil Coats at hah INCHES LONG $58.00 80 68.00 Bend us your bust measurement and length of coat uired and we will ship to any part in Canada, C.0.D., allowing Io8 io examine same and return if un- Satis We do not compel you:to keep anything wé ship you. Money refunded 1f you are not entirely satiefied. Write for our catalogue. A.J. ALEXANDOR|. Maniifacturing Furriers, 804-506 St. Paul St.,, Montreal Coats made. to order, same price. realizé, however, that, as a rule, real es- tate investments return a very small met revenue. Few large properties return + more than § per cent.--and probably less-- on the investment when all proper allow- ances are deducted from gross income, In Toronto at present there is a dearth uf medium-priced houses for rent. As a re- sult rentals are not only high: but consti tute a large return on the original cost. But there is always the chance that new building will cause the supply to exceed the demand and rentals will fall as al Tesult. Mang, pbople, too, reckon their rate of dncome 'from, a real estate investment on the afffount invested. It is a better me. thod, and will save many false impres: sions, if the returns are figured on the market price. If, despite large advances in the price of real estate, the return on the value of a. property is reasonably good, when reckoned on the market price, there is no occésion to disturb the Tnvest. ment. If, on the other hand, the return is too, low to give a reasonable return, sell the property and reinvest. . Granting that care is exercised, land, producing a regular revenue, is fairly safe, both in regard to principal and ia. terest; it stands a' fair chance of appreci- ating in value; the market price is stable; but the rate of income is often small, when proper reductions are made for re- pairs, renewals, maintenance, etc; and fin ally, land is not readily saleable in the sense that a good bond is. No one who has limited means can afford to invest in' redl estate for the last two Teasons. Moreover, mavy- of the drawbacks attadh- ed. to mortgage . investments exist also in the case of real estats. fry » Cure STOPS COUGHS TRENT i * ve LABOR MADE GAINS, In the British Municipal Elections Held Wednesday. ' 'A despatch from London says: w elections in England] Te mutt Were RS teworthy for' the large gains of the Laborites and | Socialists; especially Jin the bi Pt vincial cities, such as Bradfo; | Liverpool, Leeds, Southport," and "Manchester, : 'Som i do, 'and putter, mn - #10514, 'Bay 'ports; No.-8 Northern, $1.03, and No. 3, $1, Bay ports. mixed, new, 67 'to 88, outside. outaide, Oate--Ontario oats, No. 8, at 44 to "10, outside, and No. 3 at 436; car lots" of No. 2, on track, Toronto, 4713 to 48o. West orn Oanada oats, 44120 for No. 2 and at 431-2 for No. 3, Bay porta. feed barley, 80 to 85e. OCorn--O0ld, No, 2 American yellow, 76 1-2, and No. 2 mixed, 751-20," Bay ports; No, | to, for old. Buckwheat--Prices. nominal at 60c. Bran--Manitobs bran, $25" t6 $23.50, in bags, Toronto freight. Shorts, $25. COUNTRY PRODUCE. Apples--Winter stock, $360 $4 per barrel. aul lots of hand-picked, $2. to $2.30 per bushel, Honey--Extracted, in tins, 10 to 110 per' Ib. Combs, $2.50 to $2.75. Baled Hay--No. 1 at 815 to $16, on track, and inferior at $12 to $13. Baled Straw--$6.60 to $7, on track. To roto. : Potatoes--Car lots, in bags, quoted at %0c to $1, .and out of store, $1.15. Poultry--Chickens, 12 to "13¢ per 1b.; hens, 11 to 120; ducks, 12 to cg tur- keys, '19 "$0 210. Live 'poultry about % lower than . the above. BUTTER, EGGS, CHEESE, Butter--Dairy, choice, im wrappers, 5 to 260; do, medium grades, 22. to 23. . Creamery quoted at 28 "to! 29% per Ib. for rolls, and 25 to 260 for solids. Egge=Striotly new-laid,. 286, and fresh at 20 per dozen, in case lots. Cheese--Large quoted at 14340 | per Ib., and twins at 15¢. HOG PRODUCTS. Bacon, long olear, 12 to 12120 per Ib., in case lots. Pork, short cut, $22.50; do. mess, $19.50 to $20. Hams, medium to light, 16 to 161-8c; do., heavy, 14 to 14126; rolls, 1034 to 10; breakfast bacon, 16 te rik backs, 19 to 200, Lard--Tierces, iic; 'tubs, Lc) pals, 111-20. ~~ MONTREAL MARKETS, Montreal, Nov. 7.0Oats -- Canadian Western, No. 2 4812 to 4%, car lots, ex store; extra No. 1 feed, 48 to 48 1:20: No. 30. W., 4712 to 480; No. 2 local white, 47 to 47120; No. 3 do., 4612 to 8c; No. 4 do., 46 to 461-20. ' Flour--Manitobs Spring wheat patents, firsts, 86.60; asoonds, $5.10; Winter wheat patents, $4.75 to $5; strong bakers', $4.90; straight rollers, $4.25 0 $4. 50; in. bags, $195 to 82.05, Per barrel, $5.25; bag, of 90 Ibs, Corn-American 'No, 3 "yellow, le. feed--Bran, Ontario, $23 tb '$24; "Manito: 'ba, 18%: " middtings, Ofitario, ( 627 107,820; | shorts, Mgnitobs, $25; mouillie, fresh, "5g: to $40; "Nor 1 stock," "2013 Mo. i 'Cheese = Weopterns, 14 to 14180; easterns, 13568 to 1378c. Butter Chofcest, 27 to 2714c; seconds, %14 to 126 340! UNITED STATES MARKETS; | Minneapolis, 'Novi ;7.--Wheat-Dedember, | $1.082-2. May, $1.0934 to §$1.097:8;. | 3110 7-8; No. 1 hard, $1.07; No. 1 Northern, [1.08 to $1.0638; No. 2 Northern, $L03ie| 07. $L04395 No./ 3 'wheat, 096' to $101 38; Corn--o. yellow, 69 to To. 1 Manitoba': Wheat--NeWw No. 1' Northern,| | Ontario wheat--No. 2 white, red and, . Peas--Good. milling 'péas, 3a to SLU} Barley--No. 3 extra, 98 to 9%o, outside} 2 American yellow, 8lc, on track, Toron-|" Rye--Car lots, outside, § to fe; for No: {150 'higher, and market firm. Selects, 85.) July, | bfirat) 'clears, 550° to $3.95: 'second '0 ei to $2.90, me 7--Spring " Sorser ry to $3; ognners, | $180 40: $2.95. -- steers, 900 to 1,100 Ibs, $4.50 to $6.10: hulls, $3.25 to $4125. Sheep, steady. at 85 t0 3... 75. Lambs, 150 easier, at $5 to $5.50. Hogs,' 90 Li0.b., and $6.46 10 $6.35, fed and watered. 8 £ BAPPENINGS FR FROM. ALL OVER THE GL OBE IN A NUTSHELL. Canada, the. Empire and the Wor'3 ! in: General Before Your CANADA. : Toronto; will 'raise': another $1- 250,000 for. the General 'Hospital. The season for. fishing onthe lakes' has been don "to November 10. 'Buccéssion duties reached . more than' or million dollars i 8 iy Otario in, he' . North Bay may join th eléotric Union, as the of the local electric lig) t com hds', expired.' Hum: Quon, an Ottawa merchant, has been elected. re tative of Canadian Chisiungs i ch fn the Jmper- ial Parliament of The Namen of hin: mo é which was 50 heroically. defended at Lil liefontein, has been presented to the city of wa, ud will 'be placed on the City Hall '8 11 -Bquare; Fr "GREAT BRI BRITAIN Great indi hation" has' oon aroused in Britain over allege Italian atrocities at Tripoli. : "The, financial clauses of th home rule 'measure are helen #, Eolled; a {the attention "of 'the, Cabiriet. on ro, Morning A despatch from London, Ont., losses amount to' seis 00, with i says : Nearly one million dollars was. 1lost in London's big fire on' Friday | morning. ~ Nine 'stores, occupied by four of the largest retail houses in the city, were completely wiped out, while five 'other stores were dam- ed to.a great extent. The fire Was , and"fi threatened | eo wholé" i- nes section of London. When' Mie was finally overcome a great' gar | had been burned in the" Teresa section, and in addition to the vy losses sustained by the merchants, over 400 employees were temporar- ily 'put' out of 'work. That the fire was confined. within, limits is: the / # 'surance' sggrege 'merghants are lot to rebuilding, a : securing i he ous «Chapman. & Co., who, are largest. losers, and in w! : ing the fire originated, secured the store at 248 Dundas street, next o | Rowat's; Brewster's. ny] {that the store formerly occupied by + | the the store fom % a street, had been secured, while : o Mara', will open in a few dum Morgan's old store, 'Kingsmi iso firm to, be completely wiped. out, have "a_carpet warehouse Carling street. which: lize. Only the walla Rooms fortunate side f it, besides: the fact ing of that not a Hie was Jost 'hor a Fe shoe' 'store, 'and they son injured 3 L-built wall, an unexcelled w 4 system and a figh ing fire oral ion were what saved 'good the rest of the downtown section. fights | -£¢., and Ri. J. ) 'are: Jlowking a place: The Param Hardware oung & Co., dry ®oods,: 'may be new quarters while the damag As far' gu: can be Aostimated," the, portions of their stores are rebui THE = i REVOLULION IN © IN} Massacre: of. Mon, Women. ol Children by - perial at Hankow. PEA says ae was i tte ere. man} re fires Law yo 5" Hankow bore Sin' Yan on battle 'on Fri- ith a a 0; Eg re ery. pd not decisive. The rebels 4 A despatch from Pekin, Le hursda Hg lies ri BE (alot re ago, a that Gotieh Tchang's troops were b rp