4), Ao J) ortely LIPTON'S TEA OVER 2 MILLION PACKAGES SOLD WEEKLY A one le~ FRENCH FOOD RIOTS SERIOUS RUSSIA' Stolypin Was Seriously Wounded at alt Theatre Performance, says:--Premier Stolypin was tacked and seriously wounded dur- ing a theatre performance here on Thursday night. arrested. formance at the opera in the pres- ence of the Emperor of all the Rus- sians. succession electrified the rg a Premier Stolypin sank to t oor. Russia, at- A despatch from Kiev, His assailant was There was a gala per- 'Two revolver shots in rapid o | Those who were near by saw that he was gravely eb There was tremendous excitement in the theatre, and in the excitement it is impossible to obtain the least de- tails at assassination. It is report- ed that Stolypin's wounds are mor- tal, The Czar left St. Petersburg a few days ago, accompanied by Premier Stolypin, to review the statue of the Emperor Alexander IT. at Kiev. It was the first public ap- pearance of the Czar outside of the capital in some years. Dragoons ~ Charged With Pitchforks at Charleville the Mob Armed 'A despatch from Paris says: The war against the high price of food, which has been languishing for the Jast few days, owing either to the vigorous precautions of the au- thorities or the palliative measures of the Mayors in establishing mu- nicipal butcher shops and other food depots, burst forth afresh on Wednesday. In several districts there were violent disorders, which indicated that professional agita- fors were again at work. At Creil, hirty-two miles north of Paris, arricades were formed with tele- graph poles. One of exceptional strength was built around a huge boiler surmounted by a red flag, and it required a large force of troops to storm it successfully. In the engagements large ot ac ee both sides were injured. streets of Creil are patrolled eke soldiers. Charleville also was the scene of serious disturbances oo Wednesday. Crowds of people from the country around, armed with pitchforks, attempted a regular in- vestment of the town. A regiment of dragoons, hastily summoned, charged down upon the manifest- ants, scattering them in 'all direc- tions. satisfied with proclaiming a, boycott against the market, upset the stalls and threw into the streets the vari- ous aricles of food exposed for sale. THRASHING AT BRANDON, Yields Reported--Wheat . Grades High. A despatch from Brandon, Man., says: Thrashing is well under way. Some excellent crop reports are coming in. Mr. John Clark, one of the big farmers in the Roseland district, finished thrashing on Tues- day night. From 119 acres in one field he has 3,317 bushels of fine No. 1 Northern, twenty-eight bush- els to the acre. The balance of his crop is quite up to this splendid showing, and Mr. Clark says his ie is no better than others in Reports from other Good is locality. districts are also very favorable. e7 HOT ASHES ON DYNAMITE. Servant' s Endineretion Costs Young Doctor His Life. a A despatch from Quebec says: Dr. Dube, a young physician from L'Islet County, is dead at the Hotel Dieu Hospital as a result of having been blown up in a dynamite ex- plosion at his home on Tuesday. There were several sticks of dyna- mite in a barrel at the rear of his home and a servant girl emptied some hot ashes on them, not know- ing what they were. Dr. Dube happened by when the explosion occurred. He was horribly muti- lated. we. PRINCE ARTHUR ENGAGED? 1 eports That Connaught's Son Will Wed Niece of the Czar. A despatch from London says: An interesting report current is that Prince Arthur of Connaught, sun of the Duke of Connaught, the new!y commissioned Governor-Gen- era! of Canada, is engaged to marry Princess Irene, daughter of--the Grand Duchess Xenia- Alexandro- vna, who is a sister of Emperor Nicholas of Russia. It is stated -that the forma] announcement of the betrothal will be made before the Connaughts sail for Canada. a. TO STRENGTHEN GARRISON. British War Office to Send Thou- sund Men to Jamaica. A despatch from Kingston, Ja- maica, says: It is reported here that the British War Office is arranging to send very soon 1,000 artillery and infantry to strengthen the lo- eal garrison in view of the increas- ed importance of the station which will come with the opening of the Panama Canal. It is expected that the nava) yard at Port Royal, which was burned last spring, will be re- opened svon. HORRGRS OF CHOLERA. Turkish Soldiers 5: Penaed in Locked Cars Without Medical Aid. A despatch from St. Petersburg gays: A despatch to the Novoe Vre- mya from (Constantinople deserib- ing tlie ho:rors of the cholera epi- demic in Macedonia says that soldi- ers are crow in locked cars peel! and left without water or ~On the oto in 2 i SOME CANADIANS ESCAPED. Several Have Arrived Safely. From Chengtu. A despatch from Chungking, says: --The revolution is fast gaining ground. It is believed that no food has entered Chengtu for many days, where the missionaries are confined, MAKING SAFE INVESTMENTS At L'Orient the mobs, not 5 HOW SPECULATION ON MARCIN DIF- FERS FROM INVESTMENT. Loss Not Limited to-Amount of Original Outlay--Dividing Line Between Invest- Ment and Speculation Not Clearly De- fined--How One Speculates on Margin and What "Margin" Means. (By "Investor™) In the first of this series it was shown that "distribution of apa im re principle ot ine tm mple mo Rog confused. § mall--an even should understand its --_ thoroughly. is is the principle of estment "in accordance with betful 'peqnirementic The dividing line between speculation and investment is not always clear, and in discussing investing it is not unprofit- able to digress somewhat to go into the field where "safety of principal" is held in small esteem in comparison with "prospect of appreciating in valuc'; and "rate of income"'-is a decidedly second- ary consideration. Of course in general it ia understood that one who buys mining stocks '"specu- lates," and one who buys bonds "invests." and probably already the besieged are on short rations. Heavy firing: is reported from that quarter! between the loyal garrison and the | rebels among whom there are pro-! bably many soldiers. Among the | missionaries who have arrived here | in safety are the Canadians station- ed at Luchow, Mr. and Mrs. C. J. P. Jeliffe, Mr. and Mrs. W. "D. Ferguson; and E. Brecken, Luchow is about 150 miles to. the south-east of Chengtu. The Situation is Grave. A despatch from, Pekin, says :-- Unpublished edicts order a large force of Wuchang troops to leave immediately by the quickest route for Szechuan and Tuanfang. relief force, however, will take four weeks at least to reach Chengtu, and the full gravity of the situation in the capital of Szechuan Province is now realize eo ee. ON FAIR GROUNDS. Took Place in Presence of Select Few at Ottawa. A despatch from Ottawa, says :--A novel event not on the program at the Ottawa Exhibition took place there on Thursday, the wedding of two young people seated on bron- chos in a Wild West show. In a glorious flood of sunshine and in the presence of a small company of friends, Miss Cary] Fenton, daugh- ter of Mr. and Mrs. D. Fenton, of Louisville, Ky., was married to Len Francis Driver, a cowboy, whose home is in Midland, Taxes. The ceremony was performed by Rev. George Edwards of Western Methodist Church, Ottawt. The ride was assisted by Miss Reta Palmer of Henrietta, Taxes, who was attired in the real costume of the plains, while the groom was sup- ported by Mr. . m. Walter Gibson, Globe, Arizona. From childhood brid2 and groom have practically lived in the saddle, hence the desire for a horseback wedding. MARRIAGE / : %. VOLUNTEER POLICE FORCE. British Government Contemplates Formation in Large Centres. A despatch from, London, says: --It is announced that the Govern- ment contemplates the formation of a volunteer police force in each of the large centres Of population. Thi~ is for the purpose of coping with emergencies like the recent strike troubles. %. 'AVAL PROGRAMME. CHINA'S N Will Have Eight it Battleships With- in Next Seven Years. A Pekin despatch says: The Min- istry of Marine has drawn up its propramme, which will give Chiaa at the end of seven years a fleet of But where ope man buys high-class stocks outright as' a speculation it is hard to separate him from the investor, and for practical purposes he is such. Speculation takes many forms. In gencral, however, it is done on "margin," unless mining shares are bought. The latter are subject to such violent changes in prices in the market that no broker who 'has any reputation worth consider- ing will buy them except for clients who are prepared to pay for them outright. When one buys a stock on "margin" it is customary to go to a broker who takes the order and makes the purchase for a smal] commission of a quarter of one per cent. on the par valuo. The broker, being a responsible person, as his possession of a 'seat on the Toronto or Montreal Stock Exchanges, -costing as they do some $20,000, would indicate, the client, as soon as he is notified that hia stock has been bought pays the broker fifteen or twenty per cent. of the market value of the stock. This 20 per cent. is the "margin." Sometimes it is allowed es low as 10 per cent, but "narrow" mar- gins are most dangerous. The broker takes the stock purchased to his bank-- let us say it is Toronto Street Railway of which he-bought 100 shares--and there makes a loan on it. The stock cost 615,- 800, as the market im "Toronto Rails" at this writing stands at 158. The bank will loan 80 per cent. of this amount, or $12,640, The cliens's margin amounted to $3,160, so that the broker is not out of pocket. * The broker has received $25 commission for buying the stock, finding a bank to loan money thereon and be- ing responsible for the loan's repayment when demanded, for banks loan on g6e- curities 'on call" only. This means that the loan must be repaid at once when asked for. As the loan ia not very stable, being used for keeping active surplus bank funda not required for the moment, and may be called at any time, the bank generally charges a lower rate than that charged on general discounts. S80 the broker pays, at the present time, 51-2 per cent. and charges the client 6 per cent., the difference being considered a fair charge for looking after the loan, pay- ing the interest and handling the client's account. Now, supposing that while waiting for advance in price the client has to hold bis stock for a year. The interest ker gets $63.20 for handling the loan dur- ing that time. And generally in the course of a year the broker amply earns his money; for the loan may require shifting a dozen times, when as many banks want it repaid. And sometimes loans are hard to make: The client re- ceives, however, dividends on his pur- chase at the rate of 8 per cent. on the par value--in the case of Toronto Rail- way--and so at the end of the year he terest charges. Suppose at the end of the year the stock has advanced to 163 Tho broker gets count would look somewhat as follows: Debit Credit 100 Tor. Rails @ 158 ....§15,800 Brokerage ...... px 25 Margins: voce cose sinses $ 310 Interest ...- css 2+ eee 758 40 Dividends .... ' 800 100 Tor, Rails soll. Bebe: oe 16,300 Brokerage ... ine 25 Cheque for Dalntied. --» $3,652 60 $20,260 00 $20,260 So that the client recelves back his mar- gins and about $500 of profit. Of course, in this example, the client was quite fortunate. He had only put up about 31 points on the market price of the stock which, however, might have de- clined that amount. But befere it had gone down very far the broker would have written a polite but firm note ask- ing for further margins, and the lower the price went the greater the amount of margin required. Finally, perhaps, the client would sell out at a substantial loss, as he could not raise further mar- gins. For, remember this, in epeculat- ing on margin, the margin does not lim- it the risk. Legally you own the stock and the broker only loars you the money to pay for it, and keeps the stock as security. The fact that he in turn bor- rows from the banks does not alter this fact. And so, if your stock should drop down to nothing in value you would hare to stand the loss and the broker could force you to make good through the law courts. course, limit your losses to a certain point, but that is seldom done, and is not often satisfactory. Of course, had you been an investor and bought the stock to held you would not have been worried by a drop in market price; for while the speculator aacrificed safety to prospect of appre- ciation, the investor would not have overlooked such an important feature. You could, of we COTTON TO SUCCEED OTTER+ The Inspector-Gencral Will Soon Retire. A despatch from Ottawa says: It is said to be almost certain that General Otter, Inspector-General of the Canadian forces, will shortly retire off full pension, to be suc- ceeded 'bY) General Cotton, com- mander of the Western Ontario Di- vision, with headquarters at To- ronto. Brigadier-General Lessard is understood to be slated for Gen- eral Cotton's post, while to succeed General Lessard as Adjutant-Gen- eral, Col. Denison of Toronto and Col. Henry Panet are possibilities. ae FASTEST IN THE WORLD. Germany's New Dreadnought De- yelops Phenomenal Speed. A despatch from Hamburg says: It is claimed that Germany has the fastest warship in the world. The new dreadnought cruiser Moltke is credited with a speed of 294 knots on her trials. The Moltke is a ship of 23,000 tons and 80,000 horse- will amount to $758.40, of which the bro- power. CHOOLBOYS GO ON STRIKE Pupils at Various Adopt Tactics of Their Elders. Centres in Britain A. despatch from London says: Young England appears to bo in the laboring classes. been strikes of schoolboys at don, Liverpool, Manchester, on- Il, ford, Ashton-Under-Lyne, t Leith eight battleships, twenty cruisers, ten vessels, and tor-! even im Scotland ai ) drew p ma: a state of unrest, following the ex- ainnlé set in the recent strikes by There have Sheffield, Grimsby, Llanel]y, Brad- and The eting just like their elders. They object to the use of the cane by schoolmasters, and also want an afternoon. At Islington the boys smashed the school-windews with stones, and in Hull there was pro- miscuous stone-throwing with much amage to windows in the neigh- borhood. In most places the strikes sand.canings have been io extra half-holiday on 'Wednesday. DE IN CANADA mil (. 2 il A " CONTAI . NO ALUM MOUNT KINA BE The Eruption is Proving Disastrous to Those Living in Neighborhood. A despatch from Catania, Sicily says: The eruption of Mount Etn: is assuming the proportions of a real disaster. he lava stream whose path crosses the railway line circling the volcano and which ex- tends eight miles from its source, is approaching the railway stations to the north and especially threat- ening the depots of Moio and Al- ecantra, which were abandoned on Wednesday. Squads of laborers were at work taking up the rail- road tracks and removing all trans- portable material to places of saf- ety with the idea of minimizing the losses. The entire crest of Mount Etna appears to be in a state of ebuilition, An exact count of the number of fissures is impossible, be- cause of the smoke which shrouds the whole mountain, but there seemed to be more than seventy new fissures all beiching smoke and lava. The eruption means great suffering for the peasantry. The slopes of Etna, with an area of more than 400 square miles, sup- port a population more dense than that of any other portion of Sicily or Italy. There are sixty-five cit- ies and villages in the entire area. PRICES OF FARM PRODUCTS LEPORTS FROM THE LEADING TRADE CENTRES OF AMERICA. Prices of Cattle, Gratn, Cheese aod Other Produce at Home and Abroad. BREADSTUFFS. Toronto, Sept. 1:---Flour--Winter what 90 per cent. paients, $345 to $3.90, Mant real freight. Masttoba ffours- Fivst pa- tents, $5.30; second patents $4.80, and strong bakers', $4.60, on track, Toronto. Manitoba wheat--No. 1 at $1,091-2, and No. 2 at $1.08, Bay ports. _New wheat, 11-20 leas. Ontario wheat--No. white, red or mixed, now, quoted at O6c, outside. Peas---93 to 95c, outside. Oats-Old No. 2 at 40 to 4ic, and new at 3912 to 40c, in car lots, outside. No. 2 Western Canada, 461-2c, and No. 53, 451-2, Bay poris. Barler--No. 2 is probably worth 75c out- side. Corn- No. 2 American yellow, 70 to 70 1-2c, Bay ports. Rye--Uar lots outside, 75c west, and at Tic enst. Buckwheat--No. side. Bran- Manitoba bran, $23.50 to $24, bags, Toronto freight. Shorts, $25. ° " 2 at 54 to 55c, out- in COUNTRY PRODUCE. Beans-Small lots of hand-picked, $2.30 er but bel Honey -- =ittraciall, in tins, 10 to ile per lb. Combs, $2 to 62.25. Baled Hay--No. 1 at $13 to $14, on track, and No, 2 at $10 to $11. Baled Straw--86 to $6.50, on track, To- ronto. Potatoes--Car lots, in baga, $1.25 to 61. > S Poultry--Chickens, 15 to 16¢ per Ib.; fowl, 11 to 12c;, ducks, 14c; turkeys, 1b to Live poultry about 2c lower than the nbove. BUTTER, EGGS, CHEESE. Butter--Dairy prints, 21 to 22c; inferior, 16 to 17c. Creamery quoted at 2% to 2c per Ib. for rolls, and 23 to 24c for solids. Fggs--Strictly pew-laid, 23 to 240, and fresh at 20 to 2ic per dozen, in case lota. Cheese--Large quoted at i41-4c per Ib., and twins at 14 1-2c. HOG PRODUCTS. Bacon--Long clear, 12c per Ib, in case lots. Pork, short cut, $23; do., mess, 520 to $21. Hams, medium to light, 17 to 18c; do., heavy, 15 to 161-2; rolls, 113-4 to 12; breakfast bacon, 17 to 18¢; backs, 191-2 to Oe. Lard--Tierces, lic. 101-2; tubs, 103-4c; pails, BUSINESS AT MONTREAL. Sept. 19.--Oats ~- Canadian Western, No. 2, 47c, car lots, ex store; extra No. 1 feed, 461-2c; No. 3 C. W., 6c; No. 2 local white, 451-2c; No. 3 local white, Montreal, ents, $4.75; strong bakers', $4.70; straight rollers, $4.25; in bags, $1.85 to $2; rolled oats, per barrel, $5.25; bag of 9 Ibs, 50. Corn--American No. 3 yellow, 2c. Ontario, nitoba, $23; middlings, §2. Millfeed--Bran, Ontario, $23 to $24; Ma- 627 to $28: shorts, Manitoba, $25 mouillic, 62% stock, 20 to 2c. Cheese--Westerns, 1334 to' 141-4c; easterns, 131-2 to 1334c. But- ter--Choicest, 26c; seconds, 251-2 to 253-40. UNITED STATES MARKETS. Buffalo--Sept. 19.--Spring wheat--No. 1 Northern, carloads, store, $1.071-2; Win- ter quiet. Corn--No. 3 yellow, Tic; No. 4 yellow, 70c; No. 3 corn, 693-4c, all on track, through billed. Oats--No. 2 white, 48c; No. 3 white, 471-4; No. 4 white, 46 1-4c, Barley--Malting, $115 to $1.22. Bye--No. 2, 94¢c, through billed. ; Minneapolis, Sept. 19.--Wheat--Septem- ber, $1.017-8; December, $1.033-8 td 61.- 031-2; May, $1.073-8; No. 1 hard, $1.05 5-8; No. 1 Northern, $1.033-8 to $1.047-8; No. 8 Northern, $1.003-8 to $1.027-8; No. 3 wheat, 953-8c to $1003-8, Corn~No. 3 yellow, 631-2 to 64c. Oats--No. 3 white, 4314 to 433-4c. Rye--No. 2, 811-2 to B2e. Bran $21.50 to $22. Flour--First patents, $4.90 to $5.15; second patents, $4.40 to 64.65; first clears, $3.25 to $3.75; second clears, $2.25 to $2.65. LIVE STOCK MARKETS. Montreal, Sept. 19.---Choice steers sold _ at 534c; good at 51-2c, fairly good at 6 to 5i-4c, fair at 41-2 to 43-4c, and com- mon at 4 to 41-4c per pound. Cows and bulls were 1-4 to 1-2c per pound lower, the former selling at 31-4 to 5c, and the latter at 21-2 to 3c per pound. Lambs gold at 51-4 to 51-2c, and sheep at 31-2 to 33-4c per pound. The demand for calves was good, at prices ranging from $3 to: $10 each, as to size and quality. Hogs--_ $6 to $7.30 per cwt., as to quality, weigh- ed off cars. Toronto, Sept. 19.--Choice cimlnge, were snapped up early at prices ranging from $6 to $6.25; medium to choice, firm at 65.- 40 to $5.85; good butcher cows and heavy bulls, firm, at $4.50 to $5.25; medium and common, at $3.75 to $4.25; canners at $L- 60 to $2.50. Sheep steady; heavy ewes, $3 to $3.25; light ewes, $3.50. to $4.25;- lambs, dull aud easier, at $5 to $5.40. Hogs, steady, at $7.10, f.o.b, and 57.48 to $7.50, fed and watered, L WILL RUSH THE WORK. Central Canada Railway to Reild From Montreal to Ottawa. A despatch: from Ottawa says: According to a director of the Cen- tral Railway. Company of Canada, the Railway Company, which is said to own over a million acres of land in the Ottawa Valley, an contemplates connecting Montreal and the Georgian Bay by a new line, work will be started on the Montreal-Ottawa section of their road this week, and forty miles of a track will have been graded be- fore the snow falls. The work will commence at Hawkesbury and will go in two directions. Track-laying will not start until Spring, whea ws FIRED ON MOB. Many People Killed by Spanish Troops on Portuguese Borier. A despatch from Badajos,' Spain, say's: a5c; No. 4 Mcal white, 441-%. Flour-- wounded in a battle here between Manitoba Spring wheat patents, firsts, the troops quagtered in this section $5.40; seconds, 84.90; Winter wheat pat-}andamob. A large force of iroops: is quartered here on the Portu- guese border to preveat Royalista: from entering that country. The mob/made an attack on the troops and 'the soldiers fired, heavy fight- ing f to $2, Eage-Selected, woted, 24 te Mo; No, 1 tributed to "the brewing polite cal-umrest in the dis : NG LAVA - the work will be pushed vigorously. Many persons were killed or - P ae ie e