davidaulloa/AmericanStories huggingface dataset:
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05
Knowland Opens
Regime; Names
Ten Assistants

The first official act Of kiHs
Ring Knowland upon his assnmp-
tion of office last evening WAS Iu
confer new degree, that of Lord
of the Manor. upon ten loyal cher
rians: George F. Rodgers, Miiton
II. Meyers, r. B. Kay, Frank -
Deckebach, w. H. Lerchens Hal IL
Patton. P. e. Fullerton and c. r.
Clancey, all past King BiDgss John
Roland, past Lord Governor Woods
and Frank Lowell, veteran Cher
rian were recipients of the honor
The new degree places them above
the authority of King Bing. unless
they choose to obey his suEnmonsy
AS explained by King Btns
Knowland, the degree is reward
of faithful service. In recOgnitton
of the services of Mr.. FulfertoR
and Mr.. Clancey during their
I respective reigns, the organization
presented them each with the
trophy cups won by the CheFrianx
while they were in office. Mr. Full
lerton received the cup awarded
the Cherrians at the 1913 Vfctery
parade in the Rose festival that
year, and Mr.. Clancy was given
the one awarded in the floral
parade last June.
The officers as elected last even--
ing are:
Lord Governor Wood, william
McGilchrist, Jr.; chancellor OF the
roles, Elmo $. White; keeper Of the
orchard, David w. Eyre; Kings
Jester, e. Cooke Patton; duke OF
Lambert william GahIsdorfs
Queen Annie's consort, James
Young; archduke of RickreanI
oliver Meyers; marquis of Nay
aschino, George Graves; earl
Waldo, DIR. II. C. Epley.
Eight new members, C.. A.
son, II. c. Love, T. e. McCroN- A
Fred Delano, V. e. Kuhn. Paa
Hauser, ]. Kugel and e. c. Rob
were initiated last night.
Following the ceremonies
Johnny Jones supper was servedN
the custom Of giving banquet he
ing dispensed with for the evening"
The following program was
rendered:
| Rose Bud Ballet .-.-.--.------------------
.-...............-...... Cherrian blossoms
Mrs. Whites Dancing Pupils
Dance of the Rose ..,---------------------
.........-............ Cynthia DeIanO
Dance-"The Artist, Janet Sykes
Old Time Melodies .------------------
..-............... Halle Parrish Hinges
NlOllli toblD
....-....... Mary Talamdge HeadrtcE
Dance ..---..------------- Margaret Whtte
Piano Solo ..-..-......-- Elbert Baehete
Comic speciality A. G. bishop
instrumental ...-------------------.------------
-. Mistland Orchestra De Luxe
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05
British to Make
Armour Plate for
Japanese, Report

London. Jan. 5-Messrs- Fickefs-
It'd. Of Sheffield and Barrow, have
secured a contract from the Japa-
nese government for the supply o1
1000 tons OF armor plate 20 be usea
in part construction OF four nee
battleships.
This contract does not inein'.s-
guns and machinery.
Messrs. Vickers are also bUitdfnE
a small airship for Japan
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05
Supreme Court
Divides Work
For Coming Year

In the new division of the su-
preme court as announced here
Monday Justices Henry L. Benson,
Thos. A. Mcbride and Lawrence
T. Harris will comprise depart
ment No. 1. with Justices Chas. A.
Johns, Henry J. Bean and George
NJ. Brown comprising department
No. 2. Justices Benson and Johns
will preside over their respective
deDartments.
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05
Liquor Worth
S250,000 Siezed
In New York Raid

New York. Jan. 5.-The biggest
raid in this city since the Volstead
act went into effect was made here
today when liquor valued at $3.50
0eo was seized by federal agents at
the wholesale blishment OF
Singer Brothers on Loser Third
arenue.
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05
Lights Blind Man;
Auto Hits Wagon

Glaring lights Of an automobile
approaching from the south on
Commercial street blinded him and
as result he collided with a wa
gon last night, Roy Bohanon, $50
Hoyt street, told police.
Mr.. BohanOn was driving north
on Commercial at the time Of the
accident. Neither of the vehicles
was damaged, he said, and nobody
was injured.
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05
Russian Child
Charges Of Navy
Officer Passed

washington, Jan. 5.-Iehnf'casA1 y.
admission to the country oh 49,
seven Russian children nfoa
back by Rear Admiral Hugh =
McCully former American nash
commissioner at Sebastopoi Was
ordered today BY the Immigration
bureau.
Officials said that in view OF Aa-
n,iral McCully's statement that ne
intended to educate the children
ana make them his heirs, Secretary
Wilson has been expected 10 onne1
their admission.
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05
River High
And Rising
Fast Today
Drop in Temperature
Expected to Check
Further Swelling Of
Main Streams

With the Willamette river at
g01s feet and still rising this after
noon, the water in Salem is at the
highest point yet recorded thls
lwinter. 1t has risen one and one
half feet since early morning.
Water has spread over a vast ex-
panse of the lowland Immediately
next to the rivers course on each
side of the inter county bridge, but
| no damage of consequence has
been reported.
Officials at the Spaulding Log
ging company said this afternoon
that thus far the company has ex-
perienced no trouble from the high
| water. Temporarily clogged sew
ers, as result of heavy showers,
lllave caused the only Inconvenience
to which Walter Low, city street
commissioner, has been put, it was
stated.
No damage from the heavy
winds of last night has been re-
ported. Word from Portland states
that trees and telephone poles in
| the vicinity of the metropolis were
blown down yesterday and that
numerous cellars are flooded from
the heavy rains, but thus far
(alem has escaped similar difficult
ties.
| That the drop in temperature
here this morning may arrest the
melting of show in the mountains
to some extent and subsequently
t'check the rivers rise, was the be-
I lief expressed this afternoon.
Reports from points along the
! Santiam indicate that that river is
at its highest stage in several years.
Lowlands are flooded and stock
has been removed to the higher
grazing lands.
Many farmers and dairymen re-
port their pastures are under
water and that their reserve sup
ply of feed is being rapidly dimin-
| ished because of their inability to
secure temporary pastures for the
stock. In the lowlands southeast
of Salem and beyond Turner fields
are said to- be flooded and the
roads are almost impossible. In
some places the highways are
flooded with from two to three
feet of water.
In some of the lower lands along
the willamette families are
marooned in their homes which
are surrounded by water and are
using boats as a means of travel
about their farms in the perform
ance of their daily chores.
4,--vs ssess-ssgsza q
Peak Reached, Report
Portland, Ore, Jan. 5.-Peak OF
the storm which struck the Oregon
coast yesterday has swept north
ward, according to Edward L.
Wells, district weather forecaster
Earthslides were reported from
many points. Soft dirt yielded
when gales struck trees carrying
them down across roads and tele-
phone lines.
, The Willamette river is rising al
the fnte of about Il of a foot ar
hour and may reach the 20 foot
mark some time Thursday, accord.
; ing to Mr.. Wells. The water stood
at 1877 feet 'at s a. m. today
Water was rising at all points ex
cept Salem this morning, Prop
erty owners on the waterfron
were warned to take additiona
precautions.
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05

Five tons OF nitroglycerin explod-
ed In a powder mill in Canada, and
incidentally shattered every pane
Of glass in the windows OF train
crossing a bridge over the Richie
lieu river, more than a mile away
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05


Washington, Jan. ga res
olution appropriating $780,
900 for expenses at the. cap
itoI in connection with the I'M
auguration of President-eiect
Harding was adopted today by
the senate after another
clash over economy. An amend
nent by Senator Norris, re-
publican, Nebraska, to reduce
the appropriation to $4,000,
was rejected, 43 to 8.
Fort Worth, Texas, Jan. 5.
Two women were burned to
death today i'm fire which
destroyed a hotel at Desde-
monda,. an oil town I'm East
land county. The victims were
Mrs. Bantell and her nineteen
year old daughter, members
of vaudeville company.
Kansas City, Mo-. Jan. s.
The State Bank of Muncie,
Kansas, near here, was rob-
bed of $500, today and l.. I'll.
Worthington, cashier, was
shot and dubbed by the rob-
Der, who posed as an adding
machine salesman,
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05
Bulletins

Washington, Jan. 5.-A to-
tai Of 2,325, 900 workers are
out of employment in the
country, according to a sur
vey of the industrial situation
made by Clint G. Houston for
the current issue of Labor, Of
ficial organ of the Plumb
plan league. Mr.. Houston as
serts that his inquiry discloss
ed the greatest industrial
slump since the money panic
of 1907.
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05
New Ycnr JnbiIee FataI

New York Jan. 5.-Julian Dick
accidentally shot at New Years
party by George Bruce Brooks.
former Williams College football
star, died today.
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05
Legislatures of
Two States Open
Sessions Today

Lansing, Mich, Jan. 5.-The III
ty-first Michigan legislature con-
vened today with solid republican,
memberships in both houses MIS-
Eva NJ. Hamilton, the first won1an
to be elected to the Legislature, took
her seat in the senate.
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05
Woman Takes Seat

Raleigh, N. c., Jan. 5.-SfisS
Exum Clement of Ashevine. the
first woman elected to the North
Carolina legislature. took her seat
in the house Of representatives to-
day when the regular binenniaI
session convened.
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05
Mndern RcreIations.

The proof OF the drinking is too
often n the post -mortem-
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05
Circulation

Average for 1920. $3.50.
Population of Salem 1900 42sS
1910, 1904; 1920. 1850.
Marion County 1920, 47,177; Poll
county, 14.1S1.
Member Of Audit Bureau OF Circu
lation. Associated Press Full
Leased Wire.
Capital journal. (Salem, Or.) 1919-1980, 1921-01-05
The Weather

OREGON: Tonight and Thurs
day unsettled, probably rain west
portion, rain or snow east portiOns
colder tonight east portion, strong
westerly winds.
LOCAL: Southerly winds; maxi
mum 55, minimum 35, set 81. River
10 feet.
New-York tribune., 1921-06-05
Textile Union Conclave
To Discuss 48-Hr. Week
Fight for Adoption of Plan
Throughout Country Will
Begin at Convention

NEW BEDFORD, Mass, June "A
fight for the adoption of the forty
eight-hou week in the textile Industry
in states where that rule has not been
adopted is expected soon to be one Of
the main problems before the sixth
annual convention of the American
Federation of Textile Operatives, which
opens here June %.
The growing movement for employ
ment insurance ALSO will be brought to
the attention of the convention, and
some expression of opinion is looked
for on the law recently passed by the
Massachusetts Legislature permitting
suits against labor unions and other
voluntary associations.
The convention, which will continue
for four days, originally was scheduled
TO be held in Biddsford, Me. The shift
to this city. which is more centrally
located, was deemed advisable, accord
ing to leaders, in view of the industrial
depression which has left its imprint
on the treasures Of the unions.
Upward of $4,000 cotton mill oper-
atives will be represented by approx
mately 100 delegates from Fall River
Lawrence, Tauton, Salem. Adams, East
hampton and New Bedford in this
state; Lewiston, Brunswick, Biddeford
and Augusta, Me. Plainfield, Conn
and Philadelphia. President James
Tansey, of Fall River, Will preside
New-York tribune., 1921-06-05
Depression in South
Helped Atlantic c. l..
Tonnage of Many Glasses of
Freight Increased; More
Mineral Traffic

The Atlantic Coast Lines operating
expenses increased only about 20 per
cent in 1920 over 1919 This is re-
markably good showing when the facts
that the tonnage of freight carried
was 8.62 per cent greater in 1920 than
in 1919, the number of passengers car
ried was 8.04 per cent greater. and the
increased wages were IN effect for
all but four months. The depression,
which has been severe in the South for
more than year, so far from hurting
the Atlantic Coast Line, appears actu-
ally to have been of advantage to it
in helping it decrease its expenses, and
while the value of commodities carried
was much less the volume measufedpin
tonnage was greater in 1920 than in
1919.
The total tonnage carried in 1920
was 1926 900, as against 15,950,000
carried in 1919 OF this total tonnage,
IS per cent. was products of mines
and about 26 per cent. was lumber and
other forest products. The tonnage
of products of mines increased from
3.451, 900 in 1919 to 4,527 900 in 1920,
This was the only important change
in the character of track carried, and
probably accounts in part for the in
crease in train loading. In 1920 the
average train load was 392 tons, and
in 1919 387 tons. The average load
ing per loaded car was 21.21 tons In
1920, and 21.37 tons in 1919.
New-York tribune., 1921-06-05
American Car & Foundry

The annual report of the American
Car & Foundry Company for the fiscal
year ended April 80 last is expected
shortly, 1t will probably be revealed
that orders for new cars were few and
operations were largely repair work
and outside lines. Nevertheless, the
company is reported to have covered
the $t2 dividend on the common stock
by fair margin, so that there was no
need to draw on the S10,s0O,000 divi-
dend reserve fund. which has been set
aside to cover three years require
ments al II per cent. A year ago in
ventories were s15,000,0oO, and it is
believed that they are now little in ex-
cess of that amount. On April 80, 1920.
cash and government securities were
S43, 1,000 compared with total liabili-
ties Of $31 ,333 ,000 Net quick assets
were over s39 100000 apd should now
approximate that figure. The forth
coming annual report, it is believed,
will show a material reduction in cur
rent liabilities
New-York tribune., 1921-06-05
The Dollar in f Foreign Exchange

Foreign exchange rates on principal
European centers continued downward
yesterday, sterling declining to s3.845s
slightly below the level at which trad
ing started the week Tuesday. Other
rates followed the lead of sterling as
a rule.
The weeks fluctuations were marked
by steady rise until Thursday, when
the resumption of accumulation of
dollars in London caused reaction.
Sterling was exceptionally weak Mon
day during the holiday, illustrating
the dependence of European markets
upon buying power here, the decline
that day setting a new low Tor the
reactionary movement at S3.S4A in
London.
Central European and Scandinavian
exchanges moved within narrower
boundaries and held fairly steady
throughout the week, although Polish
marks set q new low at 97a to the
dollar.
South American and Far Eastern
rates were irregular to some extent
although Chinese exchange was firmef
as the result of an exected increase IN
the price of silver. -, ;,
II vo, calculate the cost Of the dol
lar in terms of foreign money or cur
rent exchange values-that is II you
were buying dollar with pounds,
marks or francs-its value at the close
of last week, compared with year
ago, follows: Wv
New-York tribune., 1921-06-05
American Can.

A statistical study of American Can
by Broadway commission house
shows that the company has put back
into the property S23,50o,o00 since
1914, or the equivalent OF $57 share
for the common stock. The result has
been a $3,215,000 reduction of funded
debt, an increase of $12,355, 900 in
working capital, besides an improve
ment and increase in plant capacity.
For the pre-war years earnings avail
able for interest averaged S5,543, 600
Allowing for preferred dividends and
present bond interest would leave $2,-
240,000. or $5.40 a share for the COM
mon. Earnings for 1920. after all
taxes and charges, were equivalent to
$4.71 a share. The balance sheet of
December 81 last showed cash and re-
ceivables of $14,958, 900, or $277,000 in
excess of all current liabilities. Lower
prices for tin plate will eventually al
low a reduction of seasonal borrow
ings, which now call for the sale of
$4,000, 900 8 to u month notes each
spring. Last year witnessed big de-
cline in business, and this year il is
still below the average.
New-York tribune., 1921-06-05
Stocks of Copper

Stocks of copper in producers hands
IL May, according to trade estimates,
were reduced about 20,000,0 zoo pounds
This estimate, The American Metal
Market stated, was based on total de-
liveries last month of approximate
100,000,000 pounds, including $4,000, 600
pounds for domestic consumers and
40,00o,000 pounds for export, while to-
tai production of refined copper was
estimated at s0,oo0,o0o pounds, Of which
46,o00,o0o pounds were derived from
domestic material and "a ,000,090 from
foreign material through imports. Ex-
ports in May probably were not far
from 100000 pounds, against Al ,2os,-
$50 pounds in April. In the first four
months of 1921 exports aggregated
47,364 tons, or the equivalent of 1885,
695,340 pounds. The largest exports
were to Germany, amounting to 1887
tons, or 74,Ts6,S80 pounds. The next
largest shipments were 10 the United
Kingdom, 43.889,520 pounds. Next came
France, with 39,23i,s60 pounds.
New-York tribune., 1921-06-05
Trend Lacking
In Irregular
Stock Market
Several Issues Depressed
by Those Seeking Lower
Prices. but Certain Rails
Show "a Sharp Advance

1t was quite plain from the action
Oh the stock market during yesterdays
half session that sentiment was still
IN state of flux and that the trading
element was no more disposed to take
up definite position than on pre-
cedlng days of the week. The auctua-
tons of speculative security prices
were irregular and the movement
lacked the uniformity necessary TO give
the market real trend. Many indus
trials closed lower, others rallied and
recovered part of the ground lost on
Friday, while certain of the rails rose
IN striking fashion on the lightest kind
of buying.
AS the market opened it was evident
that the professionals who were in
control were bent upon pushing their
advantage further on the short side.
and it did not take them long to force
sharp recessions in stocks, which have
been affected by adverse dividend
action and rumors, notably Cuba Cane
Sugar preferred, which receded another
Az points, Punto Allegro Sugar off
Az and General Asphalt off 2M. On
the other hand, Chandler Motors, Mid
die States Oil, Pierce Oil preferred and
American Woolen were industrials
which exhibited strong rallying ten
denotes. and came back in a manner
that was suggestive of an oversold
condition.
The sensational strength displayed
by Louisville & Nashville and Atlantic
Coast Line, two old line seasoned divi-
dend payers, stood out as one of the
interesting points in the brief session
The advance of AS points net in Louis
vile & Nashville occurred on deal
ings in this stock involving less than
1000 shares, while in the case OF At
lantic Coast Line the purchase of 800
shares suficed to lift the price 9
points. The Street had no explanation
for the signal improvement in these
two issues, although it talked about a
consolidation of the properties.
In the foreign exchanges rates on
London came under pressure again and
sterling sight drafts sold off more than
a cent in the pound, getting back to
the low level reached last week, when
the German Treasury was arranging
payment of the s35, 1884, 900 reparations
installment due in New York. Bankers
suggested yesterday the possibility
that Germany is transferring fresh
funds from the other side through
London. to replenish American bal
ances, which were well night exhausted
in the payment made week ago.
The New York Clearing House banks
improved their position last week, the
statement as of the close of business
yesterday revealing reduction of
S37 1927 900 in loans and discounts,
while net demand deposits increased
! $S1 1,538 900. Surplus reserves increased
S13,293,360 to s25,o94,590.
New-York tribune., 1921-06-05
Middle States Oil

Following publication yesterday Of
the favorable Middle States Oil report
for the March quarter, active buying
appeared in the stock and by the close
net gain of full point had been at
tanned. The report showed gross in
come for the three months ended March
81 of $2,288, ,541, an increase Of $3.50, 1872
over the corresponding period a year
ago. Net income available for dividends
was S1.581,324 equal to SLOT share
on the $14,75o,000, stock outstanding
$50 par vxlue). In the same period Of
1920 the company earned 66.5 cents a
share on the same capitalization. The
July 1 dividend Of 4 per cent will be
mailed to about thousand more stock
holders than the April 1 distribution.
New-York tribune., 1921-06-05
Look for New Issue

Announcement by Secretary of the
Treasury Mellon is expected some time
during the next few days of a. new
issue of Treasury certificates of in
q -btedness. On June IS an issue of
S242, 900 of one year IS falls due,
of which $93,629, 900 are held in the
New York district. 1t is expected they
will be taken up with new issue
of 51ss. Bankers are still waiting to
hear the decision of the Treasury with
regards to putting out three-year
nete issue to fund a large. part of the
floating debt.
New-York tribune., 1921-06-05
Attend Credit Convention
Nearly 200 Leave Here for
San Francisco

One hundred New York credit men
and women, with members Of their
families, making close to another hum
dred persons, left the Grand Central
Station last night on special tee-sar
train en- route to San Francisco at.
tend the twenty annual conyen-
tion of the National Association Of
Credit Men in that city, June l4 TO II.
The special train will stop at Chi
cago. Kansas City Albuquerque. N. NJ;
Grand Canyon. Los Angeles and few
intermediate points on the way to San
Francisco, returning by way Of Port
land, Vancouver, Winnipeg and Mime
apolis-
New-York tribune., 1921-06-05
Open Market in Relied Steel

AS the result of the action BY Tie
American Steel and Wire Company last
week IN meeting the competition OF in
appendicitis Oh wiye nails and other w ire
pr2aueta. cFInien III tlie trade Is shet
uets now eists. It is understood that
plain wire has been sold as low a. 2.Tac
hase, but this price is quoted even BY
independent interests only ia exeap-
tional instances. It is understood that
the Steel Corporation thus far has
found it necessary TO meet active com
petition only for wire rails at s. kes
base, but il is believed that the
New-York tribune., 1921-06-05
Curb Reactionarv
In Quiet Trading;
Some Liquidation
Evening of Accounts i'm Half
Day Session Brings "a
Weaker Tone; Fractional
Declines Are Recorded

Iack Of support caused small declines
in the short session of the Curb Mar
ket yesterday, as traders sought to even
accounts over the week end. There
was some liquidation, which gave the
market an easier trend.
Although oils were under attack on
the Stock Exchange, there appeared to
be little pressure on this group out
side. Carib Syndicate and Interna-
tional Petroleum. were lower, however.
but Simms and Maracaibo held steady.
Glen Alden Coal sagged to al and IN
tercentinental Rubber broke u to S1a
United Retail Candy dropped to 7.
New-York tribune., 1921-06-05
Loans Down, Deposits up

New York Clearing House banks i'm
proved their position last week when
their surplus reserves. as reported in
the statements as of the close of busi-
ness yesterday, increased s13, ,2os, 500.
standing in the aggregate at s25, ,0g4. :
500. Loans and discounts were REDUCED
SSI 1927 coo, while net demand deposits
increased $81 ,53s 900. Government dc.
posts were reduced TO S15,Ss9, 600 by
heavy Withdrawals for Treasury ac-
count.
New-York tribune., 1921-06-05
Middle States Oil
Quarter Net Sl,58l.324

For the quarter ended March 81 the
Middle States Oil Corporation and sub
sldiaries reported . net income, after
expenses and Federal taxes, of sl.5SI.-
32A, equivalent to SLOT 4 share. at SIT
par value, earned on the $I4,75e 900
capital stock, compared to $3.50. 1856. or
$50 share. earned on the $3.50 .e0e
capital stock ia the preceding year,
Net earnings amounted To 81 ,6al.s24
against si,O3o,986. Profit and loss sur,
plus was s6S3 s24 compared TO Ss24. .9s7.