First Prize...... .. wees Second Prize ...... .... Third': Prize. .... wees cee Fourth' Prize ......... 5.00 and the next twelve will each in gold, $2.50 You TEA or "COFFEE you buy. answer, giving name and addres swers unlimited, try carly aig The above amount will be divided EIGHTEEN PRIZES as follows :-- 25, NO EMPLOYEES OR IMMEDIATE Answers will be numbered in consecutive order as they are received, and at the expiration of the contest, the prizes will be awarded by a committee of disinterested persons, and tho list & prise winners will be given in this paper. MELAGAMA TEA and COFFEE ~ into 00 in Gold 15.00 ts ae 10-00 rai ce a ra receive 1911. 30th Dec., Also remember that for the fast correct answer received we will give @ prize of $10.00 in GOLD, and for the correct answer received next to the last a prize of $5.00 /A GOLD. CONDITIONS GOVERNING CONTEST have one anawer with each ONE POUND PACKAGE or TWO HALF POUND PACKAGES OF "MELAGAMA" All you have tp do is to two end pieces of the Tea Leases: or the portion of the in full, often). steam label off the Te Coffee Labe! and send to "MELACAMA," Dept. " PACKED AND BLENDED BY The first person sending in the correct : name will receive the first prize, and others sending in correct answers will receive the other prizes in the order in which their an- swers are received: Contest closes Dec. 30th, Letters. received at the office after 1911, will. not be counted. a Lead or ele with mee of thildren RELATIVES WILL BE ALLOWED TO ENTER CONTEST For completing the wn name of a person prominent in Canada whose name consists of 9 letters, _ the first of which is "C" and the last "T" as-- © 8 6 © seeeeesertaese T rom the Coffee tins, send th n it, along with your 4 Front &t. '4~ Toronto, Ont. (An- THE OLD ESTABLISHED FIRM OF MINTO BROS. TORONTO BR SH INSURANCE BILL Third Reading Carried in the Commons by 324 Votes to 21 A despatch from London says: Mr. Lloyd George's national insur- ance bill passed its third reading in the House of Commons on Wed- nesday night by a vote of 324 to 21. In return for a contribution of four-pence per week the insurance bill provides that the worker shall receive ninepence worth of bene- fits. These benefits are made pos- sible by a contribution in aid from the employers and the State of eighty-five million dollars annual- ly. The benefits include free me- dical attendance, two and a 'half dollars a week allowance for tem- porary sickness, a weekly payment of a dollar and a quarter for life in case of complete breakdown of health, free treatment for consump- tives in a sanitarium, a sum of sey- en dollars towards the workman's wife in case of maternity, and aid for families deprived through the illness of the breadwinner of means of support. Provision is also made for unemployed benefit in precari- ous trades. After all these bene- fits are paid out there will still be available out of the jofntly contri- buted funds a sum of ten million dollars, which will be allocated to approved friendly societies for such further benefits as the members thereof shall determine. The sal- aries and expenses of State offici- als will be borne by the Treasury, and the fund will be administered by the workmen themselves. PRICES OF FARM PRODUCTS REPORTS FROM THE LEADING TRADE CENTRES OF AMERICA, Prices of Cattle. Grain, Cheese: and Other Produce at Home and Abroad. BREADSTUFFS. Toronto, Dee. 12.--Flour--Winter wheat, 9 per cent. patents, $3.50, seabord. Manitoba fours:--First patents, $5.50; second patents, 85, and strong bakers', $4.80,.0n track, Toronto. Manitoba wheat-No. 1 071-2, Bay ports; No. 2 Northern, and No. 3, $1.001-2, Bay ports. Ontario wheat--No. 2 white, mixed, new, 88c, high freights. Poas-- Good ae peas, side. Oats--Car lots of No. 2 Ontario, out- side at 43 to 431-2c, and of No. 3 at 42 to 421-2c; om track, Toronto, 46 to 461-2c; No. 2 Western Canada oats, 461-2c, and feed, 441-2c, Bay ports. Barley~No. 3 extra, feed barley, 70° to 7le, Corn--No, 3 American yellow quoted at 9c, Toronto freight. Rye--Car lets in fair offer, with No. 2 Northern, §61.- $1.04 1-2, red and $1.00, out- 5 to 87, outside; at 91 to 9c, outside. Buckwheat--60 to 63c, outside. Bran----Manitoba bran, $23 to $23.50, in ags, Toronto freights. Shorts, $25. COUNTRY PRODUCE. Apples--Winter stock, $3 to $4.50 per barrel. Beans--Small lots on hand-picked, $2.50 to $2.35 per bush. - Honey--Extracted, in tins, 11 to 12c per lb. Combs, $2.50 to §2.75, Baled hay--No. i at $16 to $17, on track, and No, 2 at $14 to $14.50. Baled straw--$7.50 to $8, on track, To- ronto. Potatoes--Car lots, in $1.30, and out of store, $1.40 to $1.50. Poultry--Wholesale price of dressed poultry :--Chickens, 12 to 13e per 1b.; fowl, bags, $1.25 to 9 to lle; ducks, 12 to lfc; geese, 11 to 120; turkeys, 18 to 20c. Live poultry, about 2c lower than the above. BUTTER, EGGS, CHEESE. Butter--Dairy, choice, in wrappers, 2% to 28c; store lots, 23 to 25¢, and inferior, tubs, 17 to 18. Creamery quoted at 50 to 3le for rolls, and 28 to 29¢ for solids, per lb. Eggs--Strictly here, and fresh a newdaid, 45ce, delivered 27 to 2c per dozen, in case lots. Cheese--Large, 151-2c, and twins at 153-4¢ per Ib. HOG PRODUCTS. Bacon--Long clear, 111-2 to 12c per 1b, fn ease lots. Pork, short cut, $22.50; do., "Eat and Be Merry!" Stop starving yourself--stop suffering the pangs of indigestion--stop worrying about what you dare and dare not eat. Eat hearty meals of wholesome food, take NA-DRU-CO Dyspepsia Tablets. requires no further aid 58c. a box. 50c. and we will mail them. and you'll feel like a new person. occasional indigestion--chronic dyspepsia -- all yield quickly to If your druggist has not stocked them yet me NATIONAL DRUG AND CHEMICAL CO. OF CANADA LiMiTED, Sour stornach--heartburn-- The _properly digested food restores your strength your_stomach-regains. its_tone, and soon MONTREAL, vi meé¢ss, $19.50 to $20. light, 16 to 161-2c; heavy, 14 to 141-20; rolis, 103-4 to ile; breakfast bacon, 16 to 17c; backs, 19 to 20c. Lard--Tierces, 113-4c; 12 1-4c. Hams--Medium to tubs, 12c; pails, BUSINESS AT MONTREAL. Montreal, Dee. 12.---Oats-(anadian Western, No. 2, 48 to 481-2c; do, No. 3, 46 to 461-2c; extra No. 1 feed, 461-2 to 47e; No. 2 local white, 47¢; No, 3 do., 46c; No. 4 do., 4ic. Barley~Manitoba feed, 64c; malting, %c to §1.00. Buckwheat--No. 2, 65 to 66c. Flour--Manitoba Spring wheat (patents, firsts, $5.60; seconds, $5.10; strong bakers', $4.90; Winter patents, choice, $4.75 to $5; straight rollers, $4.- 25 to $4.40; do., bags, $1.95 to $2.05. Rolled oats--Barrels, $5.25; bags, % Ibs., $2.50. Bran--$23. Shorts--€25. Middlings--$27 to $28. Mouillie--$29 to $34. Hay~--No. 2, per ton, car lots, $14.50 to $15. Finest Western, 141-8 to 143-4; Easterns, 1378 to 141-4. Butter--Choicest cream- ery, 301-2 to 3ic; seconds, 29 to We. Eggs --Fresh, 50c; selected, 28 to 29%; No. 1 stock, 241-2 to 25¢. Potatoes--Per bag. car lots, $1.25 to $1.27 1-2. UNITED STATES MARKETS. Minneapolis, Dec. 12.--Wheat--December, 997-8c to $1.00; May, $1.041-2 to $1.045-8; No. 1 hard, $1.017-8; No. 1 Northern, $1.- 013-8; to arrive, $1.005-8 to $1.01; No. 2 Northern, 99 to 993-8c; to arrive, 985-8 to 9c; No. 3 wheat, 94 to 963-8. No. 3 yel- corn, 60c. No. 3 white oats, 45 to No. 2 rye, 87 'to 871-2c. Bran, $23 to $23.50. Flour--First patents, $5 to $5.- 30; second patents, $4.60 to $4.90; first clears, $35.50 to $3.80; second clears, $2.40 to $2.70 Buffalo, Dec. 12.--Spring wheat--No. 1 Northern, carloads store, $1.07; Winter-- No. 2 red, 99¢; No. 3 red, 9c; No. 2 white, 9. Corn--No. 3 yellow, 641-2c; No. 4 yellow, 621-2c, all on track, through billed. Oats--No. 2 white, 511-2c; No. 3 white, Sle; No. 4 white, 50c. Barley Malting, $1.18 to $1.25. LIVE STOCK MARKETS. Montreal, Dec. 12.~Butchers' choice, 86 to 86.10; do., $5.50; do., common, cattle, medium, $4.5C to $2.75 to $3.50; canners, $2 to $3.25; choice cows, $5.25 to $5.50; butchers' cattle, medium, $4.50 to $5; do., bulls, $3.75 to $4.25; milkers, choice, each, 875; do., common and medium, each, $50 to $60; springers, $30 to $40. Sheep, ewes, $3.75 to $4; pucks and culls, $3 to $3.50; lambs, $5.75 "to 86; hogs, f.o.b., $6.- 50 to 86.75. Calves, 83 to $12. Toronto, Dec. 12--A few hand-picked steers sold around $5.30 and $6, but the general run of butcher cattle were a slow sale at around $5 to $5.40. Cows and bulla were also quoted 15 to 35¢ lower. Sheep, lambs and hogs were unchanged. he AUSTRALIA'S HEADQUARTERS Splendid Site Acquired Strand, London, A despatch from London says: Australia has acquired the freehold of a magnificent site in the Strand, and intends to erect thereon at the cost of $1,820,000 a great building which will include an exhibition hall and the headquarters of the igh cpr, Toa and of all the Australian Sta New Zealand has been told * 'dootrats that she will be welcome, if she cares to come in the under the same roof, Meanwhile, ted Nomi Post is urging the im- ance of grouping the Londoa afiey ef i z the overseas dominions in oacial "ox ing, thereb ier eg = ANT FEATURE OF A BALANCE SHEET. What is Shown by a Critical Examination of an industrial Company's Batance Sheet--What Constitute Quick Assets and Current Liabilities--Care Needed in Taking These inte Account--An Example. -- The articles contributed by. 2 pose of £ "Inventor" = eR ie ua err rises. The character ot oe those: of the read ~--, ew (By Investor.) When, as we noted last week, an in- dustrial bond has behind it security in the form of land valuated at the amount of the mortgage, the bond has all the good points and practically none of the -drawbacks of s sound real estate mort- gage. Few bonds, however, attain this high rank as investments, and so it is necessary to consider other points be- fore being. able to pass. upon the safety of the large majority of industrial iz- sues. Glance at the balance sheet cf any in- dustrial company--you will, of course, inspect this very important document before investing. You will see under the head of assocts--usually in the following general order--accounts for "real estate and buildings," "machinery, some other similar accounts. also notice that usually these accounts are summed up and under liabilities in an opposite column. You will find ac- counts for "Capital stock, common and preferr bonds." "mortgages," ete. The fir are the fixed asscts, the lia- bilities are usually known as capital! liabilities. Below these accounts and! usually separately summed up are what are known as the current assets which include accounts for such property as "stock on hand," "raw materials," "cash on hand and in banks," "accounts and bills receivable," which can be quiekly converted cash. On the opposite side of the bal-) ance sheet may be seen "current liabili- ties," which comprise, "bills and ac- counts payable," including borrowed money, pay-rolls, interest and taxes ac- erued, but not due. As one authority puts it, "The real strength of every industrial concern is to be learned from the figures relating to its current accounts. Property as- sets and capital liabilities , are not of he same significance. If the cost of the plant and equipment, as shown by the books, exceeds its real value, the mar- ket usually makes the necessary ad- justment by putting a price less than par on the company's bonds and stocks." No such process is possible in the case of the current accounts." Says the same authority: "If the current liabilities ex- ceed the current assets the company shows a deficit, whatever its surplus may show on the books." On the other hand, should the company possess current as- sets--often called quick assets *(ie., read- ily convertible into cash)--in excess of its current liabilities, it possesses working capital equal to the difference between the two usual called "net quick as- sets." Now these net quick assets are a most important feature of the balance sheet of an industrial company, for no mat- ter how great its quick assets, if they are exceeded by the company's current liabilities, the company is in daily dan- ger of being forced into liquidation. But one must be sure that what are taken in the balance sheet are really "quick" assets. Usually, this is a simple matter. Take again, for example, the unfortu- nate Amalgamated Asbestos Corporation. H its balance sheet, soon to be forth- there will no doubt be shown into coming, "inventories ang refined asbestos on hand" to a very considerable sum; but the fact that the market for asbestos is highly congested: and, tt 'ore, this as- set. could not be readily converted into cash, renders it no longer "quick." This fact. could be readiiy ascertained by a prospective purchaser of asbestos bonds, were anyone so hardy as to consider them at present. So, leaving this account out of the comparison of current assete and current liabilities, it will be seen, when the balance comes to light, that there ia an excess of liabilities over as sets--so much so that the bond interest due on December first has of neces¥ity been defaulted. Spacé forbids rurge consideration of this impartant questio this week, and other significant points of net quick as- sets will be taken up next week. sheet SUICIDE AT LONDON ASYLUM. Mrs. Lucy M. Phillips Hangs Her- self With a Window Cord. A despatch from London, Ont., says: Mrs. Lucy M. Phillips, . aged 67, for five years an inmate of the London Hospital for the Insane, committed. suicide at that institn- tion on Wednesday after breakfast. She had gone to her room, where she broke the cord on the window sash, tied it around her neck, and jumped from the bed to the floor. When discovered by -a nurse the woman was breathing her last. Mrs. Phillips was looked upon as a model patient. Her home was for- merly in Clinton, "NET QUICK ASSETS" A MOST IMPORT-| ete., everything in short | hagpebbgpetat aes "MADE IN CANADA | BAKING ' POWDER NDIA ACCLAIMS THE NG State Entry to Delhi Made Amidst Mag- nificent Surroundings. A despatch from Delhi, says: George V., King of Englan Emperor of India, and the Queen Empress made their State entry in- to the city on Thursday amidst magnificent spectacular surround- ings and were cheered by thousands of natives. The most gorgeous part of the procession, which was several miles long, was made up of ruling princes, clad in shimmering silks, wearing priceless jewels and mount- ed on horses caparisoned with gold and silver trimmings. The Emperor rode alone on a magnificent uereer and the Empress followed imm ately behind in aState carriage drawn by six horses. ie Sover- eigns were a with the wel- 'come accorded th | The reute to the ¢ camp was lined jalternately by British and Indian 'regiments, under the command of | Lieut.-General Sir . Willcocks , and General Sir E. G. Barrow. In providing guards of honor and es- | corts, native troops were also given an egual share with the British | soldiers. |The King-Emperor and Queen Ia ees were receiv on the ] 1 platform by | the Viceroy and Vicereine, the Gov- ernors and heads of provinces, the 'commander-in-chief, and a number lof high military and civil officials. {After a series of presentations, their Majesties oo to a pavi- lion within a wall of the fort, where 150 ruling chiefs were introduced. Then began the great procession to the camp four rv: away. Through- out India a holiday had been de- clared, and sernting of natives had gathered. They formed a striking background to the gorgeously uni- formed procession, which was head- ed by Lancers with bands playing. Then came General Peyton, the herald, in silk and gold tabard em- blazoned with the Royal coat-of- arms, and sixteen British and na- tive trumpeters mounted on black chargers. Next followed the na- tive escort of the Viceroy, inscarlet and gold, preceding the Imperial Cadet Corps, composed entirely of princes and their sons. Their Majesties' ard the Viceroy's suits succeed As their Majesties approached, the command to present arms was passed along the line of troops. European spectators took off theis hats, and the natives bent deep to- wards the hia The King, the Queen, and the Vioerey bowed right 7 left in acknowl he body guard of Collen princes, who followed immediately outshore in splendor all 'that ae pass In strict order of presed- ence came 150 maharajahs, rajahs, nawabs, and other chieftains. The column was closed by a band of savage-looking Afghan and Pathan chiefs, mounted on wild ponies, and a detachment of natives and British troops. Their Majesties and the Viceregal party then repaired to pear camp, of which C ircuit House, built by Lord Curzon in 1903, is the centre. The Emperor's tent does not dif- fer greatly in appearance from the others. Internally, however, it is palatial. Great canvas halls 'stand near-by for official receptions and banquets. About a quarter of a million per- sons have taken up their quarters in the canvas city, which is broken up by green lawns, polo grounds, fountains and avenues of trees. ° Me SERIOUS SITUATION. Moitreal is Hedged in With Small- nox Cases. A despatch from Montreal says: Dr. Pelletier of the Provincial Board of Health states that the smallpox situation in the Province is serious in the extreme, in some districts amounting to an epidemic. He declares that Montreal is liter- ally hedged in with smallpox- -strick- en "municipalities, and he is actively waging a vaccination campaign. In one small town close to Montreal, he says, there are thirty-nine cases in sierentine. The spread of the iseas@, he says, can be accounted for by Pthe fact that it often appears first in a very mild form, and is either unnoticed or diagnosed as chickenpox. There is also a great deal of opposition in some of the outlying communities to vaccina- tion, and the people live under very unsanitary conditions. THE DYNAMITERS' RING the The United States Government Is After "Tnner - Circle. A despatch from Los Angeles, Cal., says: Post-office inspectors are to take charge of the probing of the dynamiters' ring by the Fed- eral Government. The reason for this is the fact, it is said, that the postal laws make possible the pré- paration of a stronger case than those governing interstate com- merce. The use of the mails in plot- ting crime, which is a violation of the postal laws, will lay the foun- dation for the proceedings planned, The Federal probe into the dyna- ag outrages which are alleged by the National Erectors' Associa- tion and the National Manufactur- | ers' j | j ' result of.an "'inner circle'? within the r ises to vvershadow even the original McNamara ¢ases within a few days. McManigal' s story is uirded by the Burns men, declared to be a chronological story of travel from one side of the 4 =" try to another, leaving behi trail of explosions. While some pr MecManigal's story has been told, the details, the Burns and Federal detectives say, will electrify the public. Meanwhile 500 secret ser- vice mén have been placed at the disposal' of Oscar Lawlor, special deputy attorney-general, Lawlor expects the indictment of a dozen Association to have been the San Francisco labor leaders. A new iss at a profit and re-invest new issues of bonds are made. of interes ROYAL BANK OF RM ene WHE . « BONDS THAT 1 INC ST @- When the demand increases for a oo of a certain denomination, the price goes up. ue of 5 per cent. bonds m on which basis they would yield 5.05 per cent. Future demand for these bonds would probably force them up tost05- The original purchasers could then sell }_ ef @ We will be glad to place your name on our i list and advise you when : @ This will keep you in touch with the Bond Matket, which is ss Carre the form a investments should take if you SECURITIES CORPORATION LIMITED YO) Satine REASE IN ALUE may be made which will sell at $98, value security and a high rate ranks of organized labor prom- - Se