davidaulloa/AmericanStories huggingface dataset:
The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-11-08
BIG DAY IN sALBoHs LIFE
Great Spanish Explorer First Sighted
the Pacific Ocean on September
25, 1873.

On Sept. 25, 1913. vasco Nunez de
Balboa had his first peep at the blue
expanse OF the Pacific ocean, remarks
the Los Angeles Times. It was gained
from the top Of the mountain range at
the isthmus of Darlen. -Four days
later, on the Goth, he reached the
slopes himself and stood waist deep
I'm the waters. He called It the Great
South sea and he took formal posses.
sion In the name of the king of Spain,
after the manner Of the old-time ex-
plorers. That was the big day In
BalbOa's life. He came to the New
World as a stowaway and he attained
the title of admiral Of the Pacific and
governor of Panama. Yet four years
later he was executed In the public
square at Acla on trumped-up charge
of treason. Balboa was an adyenturer
with the passions Of the gambler the
drunkard and the spendthrlft; yet as
he gathered power and authority he
indicated prudence. Judgment and fore
sight. He was regular scout and now
California has a delightful beach and
a guarded bay named after him. 1t
would be very proper to call the last
week In. September Balboa week In
this section, for from the discovery
to the possession Of the Pacific four
days elapsed.
The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-11-08
IS SKEPT|CAL
AS TO RATE
REDUCTIONS

SALEM, Nov. S.-Fred A. VIII
liams, chairman Of the Oregon pub
lie service commission is skeptic-
al regarding the promises Of the
Southern Pacific to make reduc-
tion in the freight rates. In an op-
en- letter he calls upon the Espee
officials to lay their cards face up
on the table. He questions the
good faith OF the railroads in the
oft-repeated announcements OF rate
reductions. which never yet have
materialized. Fred A. williams.
chairman OF the Oregon public ser
vice commission. in a letter ad-
dressed to the various roads oper-
ating in Oregon, today calls upon
them to back up their recent an
nouncements OF good intentions by
actual reductions on the substan-
tial commodities affecting this ter
ritory."
Williams letter demands that in
further proof Of their good inten-
tions. the railroads LAY before the
shipping public the full manner
and extent to which such proposals
will remove the blanket percent
age increases added during the
past two or three years"
The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-11-08

A wise man will. not put his jewel
ry in soak to buy watered stock.
The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-11-08
PLUMBER BOUGHT A coRor
And Art Deal Which Family Con.
den,ned Melted a Profit Of $1,000
for His Estate.

II would seem that the plumbers
capacity FOR making money is not nee
essarily confined to his business.
william d. Mccormick, writing In
Arts and Decoration, tolls OF one with
nothing except his instinct to guide
him who bought superb Corot that
enriched his estate by many thousands
Of dollars.
During the exhibition of famous
collection Of art objects In New York.
twenty-five years ago, the attendants
In the gallery where the collection was
shown noticed an unfamiliar and not
very well-dressed man spending a con-
siderable time each day In front Of
Corot's Lake Neini." one OF the pic
lures In the collection. On making
Inquiries they found he was well.
to-do plumber. wholly unknown 10 the
picture-buying world. 1t appeared
later, that he told his family he intend,
ed to buy the painting II possible and
there was a fine family row over the
matter. But he stuck to his plan
and on the night the canvas came up
for sale II was knocked down to him
for $4,000. As long as he lived his
family never forgave him for his er
tfavagnnce But they were forced to
change their opinion Of his action lat.
er. For when the painting was sold
after his denth Il brought $4,000. No
single Investment of this mans life
time ever brought him so large profit
The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-11-08
HAD A DEGREE OF MERCY
Exeeutioners Of Chinese Robber, Sen
fenced to BE Buried Alive.
Shortened His Agony.

A correspondent In China sends ths
following: ga
In Ha Tony. n little village just
north OF Canton city, there lived one
Tsao All Sum. There was shrewd
suspicion that he had stolen many
oxen--fifteen. to he precise. The OF
is n sasrosanct beast OF burden, and
under village law to steal one Is
capital ofrense. Tsao All Sum stole
his last OK n month or two ago, and
when the hue and cry went out he
fed. He was eventually caught anG
he had to face trial before the elder
Of three villages, for he had not con-
fined his depredatlons to his immedi.
ate neighborhood. He was found gull
~ and given the maximum penalty,
namely. to be buried alive. On the
day Of execution the village watchmep
beat the gongs and all the young mer
Of the village gathered around n rec
tnngle eight feet deep. Before Tsao
All Sum was invited to make his rest.
Ing place In the hole he was feasted
with wine and meat while the elders
performed sacrifices for the benefit Of
his soul. The rite belng ended two
watchmen lowered Tao All Sum into
the hole. head downward, and while
all the young men and spectators
shouted the watchmen OF another I'll.
lage shot at the convict with 9 native
gun loaded with shot which pierced
the body OF the victim In numerous
places.
The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-11-08
MILLS REOPEN
To MEET BIG
LUMBER NEED


PORTLAND. Nov. S.--The lumber
industry, which is the mainstay OF
she economic structure in the North
west, has regained its footing in the
business world.
Facts and figures. not fancies and
buncombe, the result of the closest
snvestigation by the West Coast Lum-
bermen's Association. substantiate
she recovery OF this all-important un-
dertaking. which started to recuper-
ate three months ago and stepped
out with most Of its old time vigor
during the month OF, October. &
Reports OF production. of rail and
water shipments. Of employment and
of market demand combine as proof
that the vitality of logging and lum-
bering has been restored.
In different sections of the state
where there have been long periods
of inactivity the logging camps are
running full time and full crew in
an effort to keep up the supply 10
meet the demand. Mills needing the
trend of business are reopenins.
In keeping with the return to nor
malcy the Booth-Kelly mill at Spring
field reopened Monday and that other
mills operated by this company will
resume operation at an early date.
Announcement OF the opening OF at
least four other mills which have
been inactive are expected within the
next week. n aftfrft att
{. The reason for this display Of new
vigor is market demand. The excess
cut cf 1920 Is now being absorbed
by the demand Of this year and lum-
beryard stocks are being rapidly de-
pleted.
The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-11-08
Young Mems Club to
Give 'Hard-Times' Dance

A "hard-times' benefit dance
will be given In the Scandinavian
hall Tuesday. November 15 and
She proceeds above the. actual ex-
penses will be devoted to furnish
ing the club rooms OF the Young
Mems Club Of klamath Falls"
The Houston-Filz orchestra has
been engaged to furnish the mus
&c for the occasion and the pro-
moters say that they desire the
participants to put on their tack
lest costumes" In keeping with the
event.
The clubrooms OF the organiza-
tion are located over the Sugar
man store on Main street.
The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-11-08

In the West indies. including british
Guiana. the doubloon has not BEEN
the precious thing II was.
In l73O. and for u century after. it
was worth -, more or less. II has
ceased to be coined In III native coun-
try. Spain, and since zoos II hns been
unpopular IN the West Indies, whers
for long time Il figured IN C mixed
circulation embracing British. United
States nnd Spanish coins. In the In
terest Of romance, however. the name
must survive II signifies nothing
more than that the coin was doubls
the value OF n pisiole. but the doub-
loon wns never such mouth.hll'ng
mockery us pieces of eight, which sug-
gests great riches, but means only
Spanish sLlycr dollars pieces cIulya.
The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-11-08
Range Conditions Good,
But Rain Is Needed

SALEM. Nov. 5.--Range condi-
tions are good, although in need
of rain. throughout Lake and Kla-
math counties. according to DR.. w.
II. Lytle. state veterinarian, who has
just returned from a trip through
that section OF the state. Most OF
the stockmen in that section have
sold off their surplus stock. but
sales at the present time are bring
ing good prices. Lytie states.
The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-11-08
Coral Reefs Far From ocean.

Mention OF coral reefs naturally
brings to ones mind picture OF PALM
dotted inlets glrt with white sands in
tropical sea, but biologists have
found coral reefs In the middle Of the
great continents. These, OF course, be-
long TO the past ages of the earth's
history. and Paleozolc corals have been
found IN the Tlman-Urals and In
the Salurlan rocks Of the New 81.
berian Islands. but the most striking
characteristics OF these fossil corals
are similar to those Of the corals Of
today. II Is assumed that you re-
Ter to a number OF remarkable coral
reefs that within recent years hive
been explored near 'Bainbridge, on the
Flint. river, In Georgia. These reefs
are ascrlbed to the Tertiary age, and
In one case very large portion Of
the reef exposed consisted Of coral
heads. some Of which were more than
C foot In diameter. Between 25 and
80 species Of coral have been recog-
nized In these reefs.
The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-11-08
Medford Man Again
Farm Bureau Chief

PORTLAND. Nov. S.-George A.
Mansfield, of Medford, was re-elect-
ed president Of the Oregon state
farm bureau and programme of
organization work which will ul-
simately cover the entire state was
outlined at the closing session OF
the second annual convention.
The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-11-08

a dollar bill and It blows Into the
gutter and Is never recovered, VINO
profitsf IkEtth
II you fall into the river and drown
and your remains take their place PCT.
manently In Dnvy Jones' locker. who
is 10 the good to the extent OF the
modest roll In your vest pocketf
The answer to one aud all OF these
questions is. Uncle Sam. Every piece
Of paper money that goes out from
the treasury and fails to return. profits
the government to the extent Of its
face value. II II is gold or silver
certificate the metal which was placed
In the treasury for Its redemption Is
never called forth. r.
II II Is n federal reserve note or
The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-11-08

natonn, bank note. the securities that
have been deposited as q guarantees
at the time OF It's Issue, or theif equiv.
alent, remain In the treasury. SO 10
there solace TO the patriot who 70
loses his wallet that II It Is not found
by another Its contents are applied
to the expenses OF the government.
The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-11-08
PROFIT GOES TO UNCLE SAM
All Paper Money That Goes From the
Treasury and Fails to Return
Is "velvet."

If you subscribe to the philosophy
that one mans loss is another mans
gain, to whom do you suppose, does
the profit accrue when you forget to
take your package from Its hiding
place In the parlor stove before light
Ing the fre 10 the fAlli II you drop
The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-11-08

AND speaking of speed, the
"A fastest-growing cigarette on
the market Is this same Chester
field. The reason? Simple enough
people like 'em better. That
cant be copied blend"-that
air-tight package-Nat moder-
ate price-that satisfy" taste
mo wonder Chesterfields are
leaping ahead. On every count.
they certainly do "Satisfy."
New-York tribune., 1921-11-26
Florida Brokers Fail
Inability TO Realize on Securi-
lea IL Reason Given

JACKSONVILLE. Fla. Nov. 25.-The
brokerage firm of Clement D. Gates &
Co, with headquarters here and
branches in many parts OF Florida.
closed It's doors to-day and announced
1t would go into voluntary liquidation.
The action of the company. which
has connections in New York, New Or
leans and Chicago, is apparently due
to the inability OF the firm to collect
outstanding accounts and e. realize on
certain securities, said q statement
issued by George M. Powell, its at
torney.
Mr.. Powells statement added that
until an audit now in progress had
been completed it would be impossible
to state the exact assets and Iiabili-
ties, and that whether the firm would
reopen for business would depend
upon how speedily and to what extent
it's assets can be realized upon.
Everything will be done meanwhile
to 'preserye the assets of the firm for
its customers he said
New-York tribune., 1921-11-26
The Market
Weorous strenr

Vigorous strength of United States
government and railway bonds stood
out yesterday as the main features of
q broad and rising market in invest
ment securities of practically all de-
scriptions. The upturn in the Liberty
Loan and Victory note issues carried
all of tho active descriptions in this
group substantially above The closing
levels of Wednesday. In the rail group
many new highs we're established
The Great Northern rs went to l0e,
Missouri Pscitic general as advanced
from so to 62A, New York Central
eebenture 6s from 9S1a to osaa, Frisco
adjustment IS from 52M to 5S%, Erie
general lien as from "A TO a6I4, Cana
dian National Railways Grand Trunk
IS from asA to 100. and Penn Is from
1osia to LOT; with few exceptions the
foreign issues were higher. The big
exception was found in the outstand-
ing French Cities 6s. which broke
sharply. The City of Bordeaux. City
of Marseilies, ana City Of Lyons 6s,
which closed at 81 on Wednesday, de-
clined more than 4 points at the open
ing The downward movement in these
issues was due to the announcement
of the Offering of the remaining half
OF this issue at price of S6, to
yield G.65 per cent. This naturally
had the effect of bringing the market
level Of the old issues down to the
market level of the new Offering.
New-York tribune., 1921-11-26
October r. r.. Gross Less
Net Shows Large Gains
Managers Regaining Control of
Operating Expenses, New
Earnings Show

The Southern Pacific, the Illinois
Central, Delaware, Iackawanna g
Western, and the New York, Ontario e..
Western, all reporting their October
earnings yesterday, revealed decreases
in gross, but net operating revenues
were uniformly higher. The Southern
taclhc hgures were the only ones
gwen IN detail showing maintenance
charges separately from transportation
expenses. THESE indicated that rail
road managers have for the first time
since their properties were returned to
them pretty generally rcgained control
OF operating expenses.
Operating revenues of the Southern
Pacific in October were S26.532 200 ~.
S9,086,000 less than in October. 1920.
and nearly half Of this loss was in
passenger business. The companv,s
transportation expenses were s3.O51.-
900 lower in October, 1921, than in the
corresponding month Of 1920. Net
operating income was S7,442.oO0. or
only slightly less than in the excep-
tionally good year 1917, when operating
income amounted to 1851 900. In
1920 it was $5,842O0O and in 1918
$6,236, 900.
Illinois Central, with gross less by
over $6oO,OO0, showed a gain in oper-
ating income Of 1884 900; LacKawanna.
with a decrease of $1,25O,000 in gross.
showed an increase Of nearly half a
million in net, and New York. Ontario
q western was alone in showing q
decrease in both net and gross. Fig
ures show increase or decrease as
compared with 1920:
New-York tribune., 1921-11-26
Receivers Are Named
For Habirshaw Cable Co.
Equity Suit Shows Firlu Has
Debts Of $5,O0O,OOO and
Assets of $7,OOO.0OO

The Habirshaw Electric Cable Com
pany, new York State corporation
through it's counsel yesterday brought
in the Federal District Court, as q
creditor and stakeholder, an equity re-
ceivership suit against the Habirshaw
Electric Cable Company, Inc, the Elec-
trio Gable Company and the Bare Wire
Company, Inc. The defendant COM
panies, according TO the complaint, are
under joint management, and have
debts aggregating about S5,000.0
Their assets arc estimated at about
81 000,O 900
Those companies, despite their as
sets, are said to be financially embar-
rassed at the present time and unable
to pay pending and maturing claims
The claims of the Habirshaw Electric
Cable Company amount to $4,000 for
money leaned.
The Habirshaw Electric Cable Com
pany. Inc. has capital stock of $685.
000. and its plant is located in Yonkers.
The Electric Cable Company has
capital stock of S1,50o,00o, and its
plant is located at Bridgeport, Conn.
The Bare Wire Company, Inc, has
capital stock OF 100000.
According to the papers filed with
Judge John G. Knox the Habirshaw
Electric Cable Company, Inc owes
about s1,s25Oo to banks and trust
conrpanies, $1,0Ooo00 to merchandise
creditors and S680,000 to the United
States government, the balance of
note for S1,247 900 accepted by the
Secretary of War in 10Th.
With the filing of the papers in the
receivership suit the law firm of Arm
strong, Keith & Kearn, counsel for
the defendant corporations, put in
answers for the latter, admitting the
allegations of the plaintiff.
Judge Knox appointed John B. John
ston and John f. Worley receivers TO
take over and administer the affairs
Of the company, with joint bond Of
$4,000.
1t was said that under trust agree
ment the defendant company issued
through the Guaranty Trust Company,
as trustee, debenture bonds to the
amount Of $l,997 600. In connection
with that transaction the plaintiff, the
Habirshaw Electric Cable Company, is
understood to be liable to some extent.
New-York tribune., 1921-11-26
Federal Reserve
System Shows New
Advance i'm Week
Gold Holdings Expand as
Result of Imports; Re-
discounts of Commercial
Bills Drop; N. Y. Ratio Off

Inc reserve position of the Federal
Reserve system underwent further
improvement last week, the statement
ISSUED yesterday as of the close Of
business on Wednesday revealing a
ratio of total reserves to deposit and
Federal Reserve note liabilities COM
blned OF 1913 per cent, against 71.8
per cent week ago. The one -dny de-
lay in the publication of the statement
was due to the Thanksgiving holiday.
The reserve percentage this week
stands at the highest level in more
than three years.
Cold reserves Of the system expand
ed again as the result OF fresh i'm
ports of metal, this item elm bing to
$2,s35 ,229,00 "a new high record COM
nared with $685. ,9O1 900 week ago.
Member bank borrowings against gov
ernment paper rose from $d31 ,891 900
to S467, $4,000 On the other hand,
rediscounts of commercial bills by
member me- banks dropped from s766,t2S,-
serve note circulation of the system
showed small contraction at $2,3S9,-
916,O00.
While the system as a whole was
improving its position. the Federal Re-
serve Bank of New York underwent
slight setback, its ratio of total re-
serves to deposit and Federal Reserve
note liabilities combined dropping from
1876 per cent to 1928 per cent during
the week. The local bank lost some
gold through the Washington settle
ment fund on inter bank operations.
It's total gold reserves, however, in
creased from s1,043, ,668 900 to ST ,045,-
695, 5,S95, fresh gold imports more than
offsetting the loss on operations with
other districts. Member bank borrow
ings against government paper rose
from $S6, ,091 900 to $110,786,S02; those
against other paper from $92 1898 900
to $95,301925
New-York tribune., 1921-11-26
Colorado Fuel Gas
Deficit of $8lO,868

For the quarter ended September 80
the Colorado Fuel and Iron Company
reported deficit, after interest, taxes,
depreciation, etc, of $610S68. COM
pared with deficit of S273,752 in the
preceding quarter and a surplus OF
S3O7,376 in the corresponding period Of
1920. Net earnings from operation
amounted to Sl38,907, against S1,26l,
32O.
A deficit Of s579 ,o94 is shown for the
nine months ended September 80.
This compared with a surplus of ST.
s90,515 a year ago. Net earnings from
operation totaled S1,918,496, against
S4,379,314.
New-York tribune., 1921-11-26
FINANCIAL
SOUTHERN BELL TELEPHONE AN
TELEGRAPH COMPANY

SOUTHERN BELL TELEPHONE AND
TELEGRAPH COMPANY
n 0 r c It
NEW YORK: n. Y, November 10. 1921,
Notice Is hereby given that pursuant to the
terms of Section IA of Article Sixth of a,
certain mortgage dated January 2. 1911.
executed by the Southern Bell Telephone and
Telegraph Company, q corporation organized
under the laws of the State OF New York. to
secure an issue of $50, 600 600 OF Thirty Year
First Mortgage Sinking Fund Gold Bonds.
In the State OF New Jersey. has been ap-
pointed by said Southern Bell Telephone and
Telegraph Company Trustee under said
mortgage. 20 fll vacancy caused by the
death of John II: Parsons. late Of Montclair
in the State Of New. Jersey. one OF tho
Trustees named in said mort gage.
SOUTHERN BELL TELEPHONE AND
TELEGRAPH COMPANY
BY J. NJ. B. Hoxsey. First Vice President.
New-York tribune., 1921-11-26

Freeman & Co. announced Yesterday
their purchase from the United States
Railroad Administration Of S1,994 700
Chicago e. Northwestern Railway
equipment trust per cent certificates
maturing from 1922 to 1921; also
Sl,l29,So0 Pittsburgh, McKeesport &
Yougiogheny Railroad equipment 6s
due 1922 to 1927. Public Offering will
be made shortly.
The New York Stock Exchange firm
of l.. T. Rothschild & Co. has pur-
chased from the United States Rail
road Administration S154,0o0 Alabama
Great Southern Railroad per cent
equipment trusts.
Watkins & Co. announced they had
sold the entire issue of $1,1O0,000 State
Of Wyoming per cent highway bonds.
l.. F. Rothschild & Co. have pur-
chased from the United States Rail
road Administration $154,0O0 Alabama,
Great Southern Railroad per cent
equipment trust certificates, maturing
serially $1,000 each year, 1922 to 1885
inclusive, and are Offering them at a
price to yield $50 per cent.
New-York tribune., 1921-11-26
THE MONTANA POWER COMPANY

PFEFENRED STOCK DIVIDEND NO s.
regular quarterly dividend OF one and
three- quarters per cent. q !. es) on the
Preferred Stock has been declared. payaol.
January 3rd, l922, to ssockholdars nf
record at nc close OF business on Deceisi-
Der IA 1921
Com MON STOCK DIVIDEND No az
dividend Of three quarters OF one nor
cent { . sc) on the Common Stock has been
declared. payable January 3rd. 1se1 t.
stockholders Of record At the close OF bust
ness on Deos-A4~~r ~. 1921 Checks viii be
Wsfrr~ DUTToN. Treasurer.
- Broadway, New York
New-York tribune., 1921-11-26
DIVIDEND NOTICES
, . AMKRloAS y. ts.!.. PIANO COMPANY

At q meeting of the ard OF Direrfors or
ms company on November 2srd. 1921, thc
ooth consecutive quarterly dividend OF Is
per cent Oh the Preferred Stock was decia rec
PAYABLE January lst, 1922. to stockholders of
record December 2Sth, 1921 Transfer books
closed December 2Sta. 1921. at p M and
reopene,l on January Bird. 1922. at 10 A NJ
The Board also declared a cash dividend
OF y per cent the Common Stock nav
able January 1ss. 1922. TO stockholders %
record December 2sth, 1921 Transfer books
closed December 28th. 1921. at ; p. NJ and
reopened on January srd. 1922. at 10 A. NJ
Note: Incorrectly stated In yesterdays
Issue a 9 November Is.
New-York tribune., 1921-11-26
West Jersey & seashore
Cleveland. Cincinnati. Chicago s. st. Louis
Days Neav Issues

Dillon, Read & Co, managing the
syndicate which offered the new issue
of French Cities per cent bonds yes
terday, announced two hours after the
books had been opened that the entire
issue had been sold.
New-York tribune., 1921-11-26
II. S. Sells Equipments
Trust Certificates of Three
Roads Are Marketed

WASHINGTON, Nov. 25.-The sale
Of s3,278,50o of railroad equipment
trust certificates held by the govern
ment was announced to-day by Director
General of Railroads Davis. MAKING a
total of S117,529 200 of these securi
ties sold by the government to date
To-day's sales consisted of securities
Of the Alabama Great Northern, Pitts
burgh Mckeesport & Youghioghenny,
and the Chicago Northwestern railroad