Catarrh

Invites Consumption

It weakens the dclicate lung tissues, dcrangcs the digestive organs, and breaks down the general health.

lt oftcn causes headache and dizzi-

ness, impairs the taste, smell and hearing, and affects the voice.

Being a constitutional disease it re-

quires a constitutional remedy.

Hood’s Jarsaparilla Radically and permanently cares cap

bowels, and more delicate organs.

Read the testimonials. , No substitute tor Hood’s acts like

Hood’s. Be sure to get Hood’s.

“I was troubled with catarrh 20 years.

Seeing statements of cures by Hood’s Snr- eaparllla resolved to try it. Four bottles entirely cured me.” WILLIAM Snamuu, 1030 6th St., Milwaukee, Wie.

Hood’s 'Saraaparilla promises to

euro and keeps the promise.

To Have --and

To Hold

To have a custo- mer means to hold him at this store. We hold them by never giving them _ reason to 'go else- where. We carry what people want. we give the kind of service that ‘ people like,and we are always pleased to see new faces- Our trade is` so large that goods are kept constant- ly moving. Noth- ing has achauce to _ get old. Goods are right when they come ~here, they

are right when '

they go out and the price is right.

G. JAMIESQN,

chemist and Druggisf.

THE MEDICAL HALL' |

_V l 1. QQ

f - ,__'.-' _ _i

sen wheat- nr Silt

__-1-» Q1

White Russian Wheat, one y¢%'

grownnn new land on Warreh

'loiac uiiin such sha cs, is a common

If “The case which I have to bring to your

~ ceived remuneration for their services by

J did not generally have that stock, norffcr

§~’t» er * V1, !..- ‘Rig-é1__ LAQ) *_ R ts 4 ggi

‘i *`~~_§~;»'i' ' 2; ,\' :5~ V .=,‘-i» '_ '~;.,'\_-. ». '-1 s »_ - -,-.,.1;~\~<.;~ 1-1,' ..;~_~-.waz as .---<v.~»;-.r-sr--_.cv

__ - ~‘:f ‘ 're ~ ~ 2-,-'I , -~<-- -. -" \_ r _;;;,~.,_; .;»_,,,~ - .`f<t»<~ ~\».-.`_’; ;\_1 'f~..\»-»_i ‘_-’.- rc:-';`i' ~ -:N5 :"4 --. ,-5 Fug" ,»’\.3;

2': I." ‘-, “ta” _,_.~ T ‘-f~» _ ' ',>. ".5, ="j.r ;»;,z.~‘»'»,.,_2- s .' 'zf r;_..»1-.._=..». , Q _;.»i1.sr§ tie < »=

.

s -ran cuanman. caaanorrarown. ramen aowaao rananmumcn is we

*

iii( _

SATL RDAY , MARCH 23, 1903.

Court- of Nova Scotia a few days 33°

The places' where such trans -.ctions are carried on are commonly called “bucket shops." The law speaks in this manner: “Every plafe where bargains are made

for or with those who buy or sell shares

with intent to make gain in the rise or fall in pr ces without the bona fide intention

Q ` 8

'gaming house, and eveiy one, either agent or priocipa‘, who keeps, us s, manazes cr maintains the same is the keeper of a common naming house."

` His Honor proceeiei: “It is u e'ul ta observe what the contract referred to is.

Everyone, who with intent to proiit by

rise or fall, makes a contract purporting t J be fir the sde or purchase of stocks without the bona nde intention of selling

or acquiring, or where no delivery is made or receive l, and there is no bona -fide in- tentim of delivery, this is not a legal contract but a mere bett fig on the price..- In the clause there is a-i attempt made to draw a distinction lc: seen the legiti- mate biokers’ office and ». nat is calfezi the

“bucket~sh ip.” A

attem ion at present, is a charge against p one Frank Heath. A witness, Albert W. Purcell of this city, will appear before you. He was employed in one of these concerns. oi' which I have been speaking, namely, th at of Heath Sc Company, for some two mmths or more. Heath & Company was a concern incorporated out of . »Nov`a Scotia-I tnlnk, in the State of Maineand doing business by an agent here.

“fneir place of business was at the cor-

ner oi Hollis md Sackville streets. Their business was held out to bsthat of ordin- ary stock brokers. They purported to__buy y and sell stocks for ther- customers and re- I

way of a charge against these cus omers of One-eighth per cent. each way. That is one-eighth on buying and one=eighth on closing, in all one-quar;er and also intere t at 6 per cent per annum for every day such stock was held by the customer. A customer going into their place to deal with tnem would ask them to buy or sell, as the case might te-he would ihl in a

` blank to read, say, ‘Buy lor me £00 shares of C.P .R.,‘et 128 on a five- point argiu'- and sign his name to it. Af er filling in this b ank he would hand it in to the manager, acccmpanied with, say $5(Xl, be- iog toe margin good for 5 points if it dropped. A receipt was sometimes given. Then the manager would telegraph that order in to his principals at Boston in this way:‘Buy for John Smith, lil) shares C. P. _Bu at 128 msn-gin Hvef These principals

that matter any stock at all. Perhaps the

l to they manager that they li_a_d_bo_ught las directed, tbea he, the maggger, would enter the transaction on whit is called a

g L ' Q' ,_ ` ' ~ . Vstock snect,’ and notify ,john Smith that

_ I "his `1ll) shares had been procured tcrhim.

1- _ V 'IVE Illfl i’»&k0_lllS$@)` dd "h»liilli` -

- ~ ‘ Pthie Crllion Bank here ‘tba theepgrsddit as ‘°1°sei° in this '“" _

' s --'-° Heath 8: Gompany, and nodiy them

Lemzltzn 1’r°**¢ yuingma. i " wire of such deposit. __ _ “"3 u C' "°'“} ` ` "‘_If C. P. B, went upfinthe market, t

- and » _ came-:ef ~ ' »

` 1(1) shares could standthat way to Joh

H

~. v s

. ' ` ‘ani some ‘playing short'. He is naii his

EVILS OF STOCK GAMBUNG ‘D montage and interest in any event-

_ v '__ _ It s not necessary nor does it bi »lnY

Mr. Justice W i athcrbic if the Sllpfeme ,means follow as 8 matt, 1. of fact’ th” 1

ad .lessen the grand jury ot Halifax on ,t there must be u counter cu8t0ni°1' illillh

Llrin-evalrnce of sock Speculat on and S?°1't° A11? ¢\15f»0I!1f-‘l" 083 9133' 5'* the evrs ofstock gambling. In his iatr¢;|£a*;°S£Sp;:;\;; g1\lK1e\;\;;nb‘e;yofa tctuslgcsrirh Z

duction he cited the Dominion statute !u~e’___md ‘mo many cuswmam *whiih defines gambling in stocks avid the one way havearun ofluckth

“Wh °f the n°5°v thmatf 'wmmh' proviiee severe penalties forthe oilence. “"7 h°_'°i'~°§° QW

where the margins are so

chances are likely tothe _in favor ,of they g,

broker, who stands more 'chancesio ' f fi' i

than the cust0mer.” . i , ,

. , , .

Styles are out Every Man but the strcct wearing a hobby Hat bought it at Paton s

.I ,

_ , custoBer_did not know lt.B\1t if coucpdell," “Wk” 1° 355° °\"1w°°”'°‘i°l"

rm. Goodmp- G°°<1 ‘g,,“““"Z°.#@'=_=wi.f= warmer °i¢.s»bw.f1»»:dn»°¢

IOHN NEWS0 » ~ym1_1_y but 100 s,:_qmq:c._r.n, oem

aadwzw ' ¢34§L°'"8T°'N‘ ‘tstocii whatever. 'They would wire

* ‘ii 1- “€.

ere-is (onthe ,purposes of

two transactions illustrated no real sub- ject rnatterfno stocks changing IILHGS. delivered or allotted or agreed to be al- lotted Or delivered. -

The broker has at the smie time, dif- 1

ferent classes of customers, sime 01 whom are what is called ‘playlnk 10112

I1

order for o' e customer to be plav ini |902,

8

e _

_ 4

e. -c_.;),;,

I5 |l\l '|"l-'IE 3A~"'|"I|\l‘?;

..-.»_.

From the above qu;ted remarks the ili- telllgeut reader will easily form a correct. ‘dea~o£ the illegitimate trade in sto;-ks,the essence of whifh is a mere b tting upon a rise or fail in valurs of these sec urit’es. It is pe haps needless to observe that the same form of _gambling is practised in the purchase or's sic of wheat,corn, c itton lard or pork, wh never the trader specu- lates upon tharise or fall ot thess prod ucts w thout aftu il purchase, sale or delivery. Judge Weatherbie in his ad~ dress next proceeded to dence what are legitimate transactons in stocks under

the Canadian law as it stands:

“I have told you what makes an illegal transaction. I will read from the statute what makes a legal' tr insaction. This is the second sub-division of section 201 ot the code

ins: that such broker retains or pledges the sameas security for the advance of

can deal with them; he cm borrow money on ~them; he » can borrow from the broker; be may pledge thousand lodgethem with the brokr until he is

able to pay for them "‘ - _

f So far as The Guardian has been able ta P 2

` learn such transactions in stocks as have x y 'been current in _this Province have been ~ 1 M quits within the tsrms oi. the law, hows ever unhealthful in a moral sense they C" ‘ C __ ‘=*

may have been, or however risky as a _

business speculation. That tradingcin B

st Jcks is extremely hazardcus ~ ahundantly demonstrated in' Charlotte- 1

cause ofthe great and rapid expansion

Railway Company. Less tlianl a year ago

, $113. Five months later it was 'sold

the stack exchanges as high as $145

share. Before the-close oi 1902 it-

dropnedeto $124." It has since scldas

as $133 and again fallen oif. V other stocks have flu_ctuated'up

_ , ,; ‘,

quita as much. _ Thoselwha bought

Sb®k WIS' TCW' ini! lbli IU thi!

'I But `proport’ouate 'tam whobcngnret teaaigasaeres ‘J were-‘compeueatcseil tnem’au~ahe

`- As tothe iiiotaiity' of the , action it isequally wrong to make'

,,,,,sAaoN vori ursnriiyiu trio’

~ °- A -` ' ' Q 4 ' ` » _ _ _ B q . 2441 V “dc H } »°°r°-“an” ~ |Smith s credit until he directed the man- -rd EZ'-"gg, tg?

IQIC ‘ ’ ‘ ' 1 ` - _ . - ' , ' , , I av -ife=_~z » was of F1: FE. R==s“\;::; Nl" what t° ‘-1° WW” *§'“.‘.‘*~ 1° f°‘{:°‘;§' Heine'-tithe réa§ll.ln'l51¢t, naked. .

msafeeied. i»\i¢a°&£.,»',;,¢_.av'°‘“° A letitittiistmn or se it cut. _' y ctw -~ - .». 1

ith INN ` “ ` l==-=-=== 1-an 2 ,.4

i

, , J. f‘\_

I

.J

“But it is not an oifence if the brok er of ~’

the purchaser receives delivery, on vh'_s behalf, of the article sold, notwithstand-

the purchase money or any part therrot."{

“That is,if the shares in stock are obtain-__

ei and delivery is actually taken, -so 'that the purch acer-the customer--has tire' actual-control over those shares, than he

iq, *vu Yu lf- ¢ .nil

Win*

has been “-

townaswell as elsewhere. This islbe- 1

r _ ,

and shrinkage in values. An insance oi tnisisine steer of are canadian Pacino 'wr f '-‘ 1*' ~‘ s -~~-` ` '

iii lliiilhi tiff i

New 1903 l6Giililidl‘l0li GONTRMQ

‘ls the most liberal policy on the market

dulil-as 'policy backed by the Qo;_npany's 13

percent reserve is incomparable as a,n,_ msur ance contract See its terms /and premmm rates before insuring elsewhere

E. R Brow W K Rogers g

Branch Manage

in April last the $1(X) share was selling at

¢w 3

_fm Special fini!! Vi ‘J

eflaaliciturein Queers evenly. ‘I ° . meantime, no 100 shares _ot 0. P., R.; .. f , . -y

mit. IM” \8l=¢°*‘“l~ '°l‘°d °° me P'°:°;y' any shares whatever, areowned by, John i» _ f ; _ _ -._.,_ _ G-=°°'=“‘1°‘““‘°’.°‘ ‘5‘°. .“°°'f`; “‘”"' °°Tsmith.ncrhasne~fP1m.uina vhe¥'°i¢r`w ' "°d°‘“' th' '°“°"i"‘md°s`“"° show for them-no sl-i09kis deiiferet A A" me '°°d’i\‘D°h°““"`mm':"d 'ue' hi or toan one for hlm,i1sither dose A C

houses on Queen _streetfeanaisting 0| ¢\\¢i\'i m 7 _ - _ _ wma" _stock of Sssds. . Banks, including :get any certiiicates oféda_l1otIne1.t,_ nor

mhceuaaeou achegl and _college _noek».,;a_ny such stockdelivei even the

stationery aodsmsii wares. Wrlrvma P\i>=f pager here or to‘Heath &: ,O0mp_a-ny

aad:PauerBinn, 1*a'ucy Gorda and T33; Wulf “het A i 1 ‘ V

l’a1>¢f\'1.1W.“.*4,°" 5"“°"- _"_“°' "'"‘ SupposeJohu Smi.t%i’s stock_aoes_'up`

==dG\»=~~\r#~_'>*°'= *W* °“°° *`“‘“““'°" noiats.t1=u.is_t¢ »1au,_ue ivesla

a.¢r¢ea=~uy¢l;e‘»:1s‘»e;i¢¢h:;¢iimg:iwgamhéahs. Us 41.’ at anim.

§’f|\#I.’u!.Q3la ,’° Y 1 'l °` _ _ .' _"z-.rs _° ` -;ge¢.¢¢tee~¢1eei=.~1nithe‘_fe¢eeooa. xl D=f¢l¢r»|:5":3';‘;<;°§°»v:_»n‘li,l;li~:i*;9'E°?Pi.t"l?~i‘7& -,3_'°_ _ -a¢e¢»ce.chrl°¢\¢°°"~il**°=* 3°' “.3 ~ ~. tw-.== .-

__ _..‘ *_-|,,u Q, ,p¢1g4g_¢uoa the'm__dGe°d», Suppose, however, the

aaoinaeiazdu neeahiglfgglfftf 2; _ NU, Y aalow, agtheee ,pointy lows: than

.thelen .Ulf ,-, __ ,__» _ .-E“f2T"' thlik .Then he wool. be Nillffi-7°5°9"’°5”°"°‘m¢' 'mga N' to points morebr

gm; men wmeeepu tml

°“°““‘b.“‘:“t :L stair, umm L", Conn -that is he would -have to pay $81) more.

gi§¢g‘5tH¢a!ter!anfs|ay~1lihr'il¢»dll'-H

Sherld.

Attorney.

la.;

, theigrddayof at the same

QO\OO\@\

$4 (1,,

he would still be supposed

"26 'fr'

A.D.

asscnnasthe

read:

B., at 138 on proceedings to

peyingotithe

waatdcwuin rlaht. Nt it it

Prince Edward

§ér;sm

utdtlld P A

W abesprmgbeet, tlifweat'

tlllilhaid

..,,.

a ___»

HJQI iw marins?