davidaulloa/AmericanStories huggingface dataset:
The Lynden tribune. [volume] (Lynden, Wash.) 1908-current, 1921-09-29
SCHOOL BOARD PASSES
ON DANCING QUESTION
Will Enforce State Law Regarding
Attendance at Public Affairs, En-
tering Footballs, Using Tobacco

Announcement of their INTENTION
to enforce the state law prohibiting
high school students from attending
public dances and entering pool ant
billiard halls, and indulging in the
use of tobacco, was made today by
the members of the Lynden School
Board
The board made public the follow
ing resolution passed at its meeting
on Friday evening:
WHEREAS complaints have been
made that certain high school pupils
are attending public dances and en-
1tering pcol and billiard halls. and in
dulging in the use of tobacco; and
WHEREAS the superintendent of
schools has advised the board that
such indulgences on the part of GER
tain pupils is reducing the efficiency
and scholarship of such pupils and
lowering the high standards of the
Lynden Schools; and
WHEREAS such indulgences are
expressly prohibited by the laws of
the State of Washington, being Chap.
II of the laws of 1919;
NOW THEREFORE, it is by the
board of Directors resolved that the
following rules of conduct for the
pupils of the Lynden Schools shall
forthwith be and remain in effect:
l. No pupil under the age of TWEEN
ty--one years in the schools of Lyn-
den shall be permitted to attend any
public dance, or enter any dance
house, public pool or billiard hall, or
any place of entertainment injur-
ious to health or morals.
2. No pupil under the age of twen-
ty-one years, in the schools of Lyn-
den, shall use any liquor tobacco, ei
gar or cigarette.
g. The superintendent of schools
is hereby authorized and directed to
enforce the above rules and any pu
Pill violating the same, or any one of
them, may be suspended or expelled
from school, or delivered to the jul
venile department of the Superior
court of Whatcom County for trial.
q. That any person who shall per-
nit such minors to be admitted in
any dance house, or public pool or
billiard hall, or who shall give, sell,
or permit to be given or Sold any Ii
quor or tobacco in any form to such
minors, shall be- reported to the pro-
scouting attorney of Whatcom Coun-
ty for prosecution under the laws Of
the State of Washington.
S. That it shall be the duty of ev-
cry teacher employed in said schools
to aid, by example or otherwise, in
the enforcement of said rules.
Passed by the board of directors of
LINDEN School District No. 800, this
23rd day of September, 1921.
HENRY SHAGREN,
FRANK e. KNAPP,
r. B. LIE coco,
Board of Directors.
The Lynden tribune. [volume] (Lynden, Wash.) 1908-current, 1921-09-29
CUSTER BOY INJURED WHEN
THROWN BY HORSE AT FAIR

Lon Morgan, son of A. J. Morgan
of Custer, had his collarbone broken
when thrown by horse on the Fair
Grounds track Tuesday afternoon.
The boy was exercising the horse
when thrown. A knee of the animal
struck him. and he was unconscious
for considerable time.
The Lynden tribune. [volume] (Lynden, Wash.) 1908-current, 1921-09-29

Rev. H. Kuiper OF Rock Valley,
Iowa, has declined the call sent him
by the First Christian Reformed
Church.
The Lynden tribune. [volume] (Lynden, Wash.) 1908-current, 1921-09-29

Mr.. and Mrs E. Zweegman, Mrs.
j. Zweegman, and Mrs. ]. De Boer
returned Tuesday evening from their
Yakima trip.
The Lynden tribune. [volume] (Lynden, Wash.) 1908-current, 1921-09-29

Gerrit Wander Griend, Gerrit Kok,
Herman Wander Griend, and d. Van
der Griend returned this week from
the Yakima Fair by way of Portland.
The Lynden tribune. [volume] (Lynden, Wash.) 1908-current, 1921-09-29

Mrs. ]. Dykema was operated on
for appendicitis Saturday.
The Lynden tribune. [volume] (Lynden, Wash.) 1908-current, 1921-09-29

Charles Bajema has returned from
his visit to Rock Valley, Iowa.
The Lynden tribune. [volume] (Lynden, Wash.) 1908-current, 1921-09-29
SEE THE CIRCUS, FOLKS, IN
THE COUNTY SCHOOL BUILDING

Don't miss the big circas in the
school building
Every animal is on display, and
CONTINUED on Page TweIveJ
New-York tribune., 1921-01-23
Danish Cities Sell
$15,000,0 Bonds
To National City,
Negotiations Concluded by
Syndicate Representative
ON Basis That Securities
Will Carry 8 p. C. Coupon

COPENHAGEN. Jan. 22.-Danish
provincial municipalities have accept
ed loan offered by the National City
Company, of New York. amounting to
$15,000,0o0. The loan would be made
at the rate Of 95 and would bear per
cent interest. The offer is subject to
its acceptance by the Municipality Of
Copenhagen.
John K. Weeks, vice-president Of the
National City Company, who is now in
Copenhagen, negotiated the loan, it
was learned at the local Offices Of the
company yesterday. No details Of the
transaction were given out here, and
1t was said that official advices would
probably come through by cable on
Monday making possible formal an
nouncement.
First advices from Denmark told of q
$15,o00,o00 loan to the City of Copen-
hagen alone. The above cable indi-
Gates, however, that the financial needs
of several Danish cities have been con-
soildated into. a single operation, the
securities constituting a joint obliga-
ton of the municipalities interested.
Within the last few years similar con-
solidated financing has been arranged
by combination of French cities.
New-York tribune., 1921-01-23
Stock Market
Irregular on
Unsteady Tone
Covering Checks Decline
After Pressure Is Re.
newed Against Motors;
Sentiment Appears Mixed

Speculative security prices moved in
manner at the Stock Exchange yes
terday in the two hours Of trading that
indicated confusion of sentiment on
the part of the professional element in
control of the market. Emboldened
by the setback in prices on Friday the
bear traders made a fairly vigorous
drive against industrial shares at the
4outset, especially motors. On this
movement many shares dropped off a
point or more, but the advantage was
not pressed further, and in the final
hour the list stabilized, as a result of
repurchases for the short account for
evening up purposes. The final range
OF prices was exceedingly mixed with
few prominent points of strength or
weakness.
The selling of the motor trucks, which
was quite general in the first half Of
! the session, seemed to be one of the
effects of the Streets reaction to the
news that the Ford Motor Company is
seeking to borrow $75,O00,O00 in New
York to rehnance bank loans and meet
tax payments. This was not exactly
new, inasmuch as it has been common
gossip for days that the Detroit motor
building concern, like many other cor
porations, was seeking loan Never
theless. the professional traders saw
in it an argument for Offering the
motor shares down, but without any
great success, for the group came back
easily before the close. Announcement
that the directors of the Pressed Steel
Car Company had declared a stock
dividend of 20 per cent was followed by
break of more than points in the
price of the stock. 1t was not SO long
ago that stock dividends were consid-
cred bullishly, from the speculative
viewpoint.
OF more interest than the stock
market was the weekly statement of
the Federal Reserve Bank of New
York, which contrasted sharply with
the good showing of the preceding
week. The local institution showed
heavy reduction in it's holdings of
gold through transfers to other banks
in the interior and also large increase
in borrowings by memt II banks in
this district through rediscount opera
tions. AS a result the ratio of total
reserves to deposit and Federal Re
serve note liabilities combined stood
at 3S.l per cent, compared with 4Os
per cent the week before, while the
/ ratio of reserves to net deposits after
deducting 40 per cent gold reserves
against Federal Reserve notes in cir
culation dropped from Ais to 35.7 per
| cent. Loans and discounts of the New
York Clearing House banks expanded
S21, 100000 last week, while net de-
mand deposits were being reduced
$685. 900. Surplus reserves amounted
to Sl2,427,640, compared with small
deficit the week before.
In the commodity markets grain
prices moved toward moderate recov-
cry. following the sharp setback on
Friday, while cotton was somewhat un
settled The foreign exchanges we're
barely steady.
New-York tribune., 1921-01-23
French Loan Discussions

Bankers in touch with French f.
nances and the state of the investment
market here placed little credence yes
terday IN Paris reports that the French
government might seek to sell a $780,
100000 loan to an American banking
group. They expressed doubt as to the
ability of the American market to
absorb such a huge block of French
bonds. There has been talk for several
weeks of 100000. 900 French loan to
be foated here before spring for re-
funding and other purposes. Some
bankers, however, think that this would
be too large an amount to go into the
market with, and the head Of a prom:-
nent bond distributing house said yes
tterday that he personally did not think
the French loan, when it comes, would
De 1or much more than $4,000, 900. The
point the bankers make is that it is not
question of how much France or any
or the foreign governments may desire
TO borrow here but rather how much
the American investment public will
take. The point is also made that if
tne foreign governments defer a por-
ton OF their financing operations until
later date, it is possible they will be
able TO borrow on a much more adyan-
tageous basis. .',r.' -. s.,.ss, ,ssi
New-York tribune., 1921-01-23
Brokers' Receiver Asked
Petition Filed Against Sugar
Dealers in Boston

BOSTON. Jan. "a petition for a
receivership for the E. r. Sherburne
Company, sugar brokers, of this city,
one Of the fourteen subsidiaries of the
Continental Products Company, was
filed to-day by General John H. Sher-
burne,- acting under power of attorney
for the Sugar-lands Industries Of
Texas. General Sherburne, who was
formerly chairman of the state COM
mission on necessaries of life, says in
an affidavit that it is necessary for the
preservation of the Sherburne estate
that receiver be appointed. and that
the assets Of the corporation depend
in large part upon the carrying out Of
contracts with purchasers of sugar.
The affidavit says further that it is
believed the Continental Products Com
pany, the parent company, is or may
be insolvent, and that there is an in
debtedness TO the Sherburne Company
from each OF the other subsidiaries
amounting to s630,00O; that other COM
panies and agents owe the Sherburne
Company total of $4,000 900, and that
no attempt has been made to collect
the sums. The z. R. Sherburne Com
pany was petitioned into bankruptcy
by three creditors on December 81.
New-York tribune., 1921-01-23

notes in circulation fell from 41.5 per
cent to 35.7 per cent.
Total gold reserves Of the local bank
were reduced from S431 ,971 900 to $594,-
475,05o, or nearly s4O,000,000 during
the week The loss in gold and gold
certificates alone amounted to $2S S,000,-
600. About the only gain in gold shown
was in the gold settlement fund at
Washington, where there was an in
crease Of less than 100000.
Member bank borrowings against gov
ernment war paper expanded from
1898 ,522 900 to s4o9, 1852. .687 last week.
Borrowings against commercial paper
rose from s413,052,00 to S469 $50, ,919.
This undid much Of the improvement
of the week before, when the member
banks in this district made heavy
reduction in their borrowings at the
central institution.
The New York Clearing House banks
built up their reserves last week, show
ing at the close of business a surplus
over legal requirements of $12,427 $40,
compared with a small deficit the pre-
ceding week Loans and discounts Of
the banks increased S21, 100000, while
net demand deposits decreased $50 9,9S5,-
600. United States government deposits
with the banks stood at S103,618, 900
at the end of the week.
New-York tribune., 1921-01-23
The Dollar in Foreign Exchange

Foreign exchange bankers as result
of the persistent strength of sterling
exchange-the rate has risen nearly so
cents in the pound since last autumn
and 80 cents since the closing days Of
December-are talking now of rate of
S4 by early spring. London sight drafts
last week got close to $3.50, and the ac-
tlon of the market in sterling led many
experts to believe that further re-
covery would take place. A year ago
this coming spring sterling crossed 81
in sensational recovery following pro-
| nounced weakness early in the year, but
yielded later when the British Treasury
had to meet its half of the $500 900 900
Anglo-French loan maturity. Bankers
conversant with British finances saw
that the improvement in sterling indi-
Gates that Britain has about turned the
corner and is rapidly getting its house
in order.
Improvement in French exchange,
which. went hand in hand with sterling
though perhaps not quite so vigorously,
was a reflection of the belief in in2por-
tant financial circles that at an early
date the question OF the German in
demnitv will be definitely settled. At
the end Of the week Paris advices indi-
Gated that france might seek $780,
100000 loan here this year instead Of
the $100000,o00 reported to be under
discussion.
Belgium is selling s3o,ooo,ooo Of
twenty-year per cent bonds in this
market and this has helped Belgian
francs. With regard to South Ameri-
can exchanges bankers in touch with
conditions in that quarter believe they
are gradually mending. Argentina has
sought large loan in this market, but
without success, owing to it's refusal
to meet the terms of the New York
bankers.
If you calculate the cost of the dol
lar in terms of foreign money or cur
rent exchange values-that is, if you
were buying dollar with pounds,
marks or francs-its value at the close
Of last week, compared with a year ago,
follows.
New-York tribune., 1921-01-23
In w all Street
Ford Financing

Walter E. Frew, president Of the
Corn Exchange Bank, took occasion yes
terday to deny reports that this insti-
tuition was in any way connected with
new financing plans of the Ford Motor
Company. If new loan is under ne
gotiation Mr.. Frew said he knew moth
ing of the details. In other banking
quarters. however, the statement was
reiterated that Ford is in the market
for additional funds and that an early
announcement of an issue of bonds or
notes may be expected In banking
circles it was said that the amount NAV
run as high as S7o,0o0,000 or s75 ,0o0,-
900. In regarSEo the rate, bankers said
that this would have to be determined
entirely by current investment condi-
tions.
New-York tribune., 1921-01-23
Beigium's Financial Position

Figures made public yesterday m
connection with the public Offering of
the new $30,000,00O Kingdom of Bel
gum twenty-year 8 per cent loan show
that the interest bearing debt of Rel
glum as OF December 81 last consisted
ot internal loans amounting to Is, SOL
Zol,8S9 francs ($3 ,009, lO1 .964 or a
normal exchange basis) and external
loans of 2,457, 100000 francs IS4743e6.
9o0). These figures, however, do not
include advances made by France. Enp
land and the United States before the
armistice, amounting to S941 900 600.
|hich are to be covered by DEPOSIT of
German gold bonds. Belgium has
made rapid industrial recovery since
the ending Of the war, the number of
workers employed in Belgian factories
IN December, 1920, being equal to SO
Ter cent of the number employed in
December, 1913. The syndicate ot.er-
ing the new issue of bonds is COM
posed of J. P. Morgan g. Co., he Guar
snty Company, the First National
bank, the National City Company the
National Bank Of Commerce, the Bank
ers Trust Company, the Chase National
Eank. the Liberty National Bank, the
Central Union Trust Company. Lee
Hlgglnson & Co, Kidder, Peabody &
Co, Harris, Forbes G. Co.. Dillon, Read
& Co, of New York, and Halsey, Stuart
Co., the Continental and Commercial!
Trust and Savings Banak, the Central
Trust Company OF Illinois, the First
Trust and Savings Bank and the Hi
nois Trust and Savings Bank Of Chi
cago.
New-York tribune., 1921-01-23
May Buy Silesian Mine
american Syndicate Offers Own
ers Is, 900. 900 Marks

PLEss. Upper Silesia. Jan. 22.-A
gndlcate Of American capitalists is
sseotiating for an opening for invest
asnts in Upper Silesian coal mines,
xsaa, according to the German owners,
ssve offered $1,000, 900 marks for one
lne At present in operation and for
sneessions looking to the development
Two others. In answer to the pro-
SssaIs OF the syndicate. the Germans
sxreed TO accept On condition that
~ s mines revert TO the principality Of
ssss ss after ten years. The negoti-
s s.sns stii! are pending. The syndi-
zee offer was made through a colonel
acasd TO the American mission in
s present there Is no American or
sHch capital invested in Upper ST.
aa, but there are some Belgian and
aasish Investments. The Germans are
80 sssfssd 10 &c anxious to close the deal
~ ~ tas Americsns, believing it will
-. so toward stabilization Of the eco
nIc situation, which is declared to be
~ 9ming nose unsettled as the plebis-
ass IA giies:a nears.
ssals ls understood in Interal!ied Com
s'on circles that the voting will
~ 90 p,ses about the middle Of March.
~ ,hsally all property of any value in
49, s"sf'et II owned by the Prince Of
New-York tribune., 1921-01-23
Rate Test Case in Court
Wisconsin TO Fight for Stat.
Rights i'm Rail Issue

WASHINGTON, Jan. pa test case
involving authority of the Interstate
Commerce Commission to supervise
railroad rates within a state as well as
between states reached the Supreme
Court to-day from Wisconsin,
Counsel for the. state railroad COM
mission filed an appeal from an injunc-
tion granted the Chicago, Burlington e.
Quincy Railroad which would restrain
the state commission from interfering
with the filing of new tariff schedules
authorized by the Federal commission
Advancement Of argument to expedite
final decision will be asked.
New-York tribune., 1921-01-23
American International

The 1920 annual report of the Ameri-
can international Corporation, accord
ing to gossip in financial circles yes
terday, will show book value for the
stock of about $50 share. The bal
ance sheet as of December 81, 1919, re-
vealed book value of S115 share for
each of the 100000 shares of common
stock outstanding. The company. it is
also understood, may for the first time
give detailed list of investments, Civ
ing the amount of its holdings in the
international Mercantile Marine, United
Fruit, United States Rubber and others.
New-York tribune., 1921-01-23
Public Utility Earnings

The trend of public utility earnings
in the State Of North Carolina is up
leading Companies. For the twelve
months ended November 80 the Ashe-
vile Power and Light Company had a
balance after interest charges of $231,-
z37, compared with 100000 for the
corresponding period of the preceding
year The Yadkin River Power Com
pany, of Raleigh, for the same period
reported surplus of S226. .221, against
S194,003, while the Carolina Power and
Light Company. also of Raleigh. had a
surplus Of $403, ,o34. an increase of
S37o41
New-York tribune., 1921-01-23
Reserve Bank Gold
Holdings Drop and
Member Loans Cain
Disappointing Showing in
Weekly Statement Ex-
plainsTig ofMoney;
Ratio Declines Sharply

Explanation of the Tightening tend
ency in the local money market during
the last week came yesterday in the
statement of the Federal Reserve Bank
of New York, which disclosed heavy
loss in gold holdings and large increase
in member bank borrowings through
rediscounting. This caused the ratio
of total reserves to deposit and Federal
Reserve note liabilities combined to
drop from 40.6 per cent to 38.1
per cent The ratio of reserves to
net deposits after deducting 40 per cent
gold reserves against Federal Reserve
New-York tribune., 1921-01-23
Baltimore & Ohio

The Baltimore & Ohio Railroad has
applied to che Interstate Commerce
Commission for authority to pledge as
collateral for short-term loans, such as
DO not have to be passed upon by the
commission, s5,oo0,O00 of the Toledo
Cincinnati division of the Baltimore &
ONO first lien and refunding mortgage
ponds; $4,000 general mortgage
oonds; S2,744,000 refunding and gem
erai mortgage per cent bonds, and
sz,ooo,ooo of refunding and general
mortgage 5 per cent bonds.
New-York tribune., 1921-01-23
Pressed Steel Car

Directors of the Pressed Steel Car
Company have recommended the declar-
alton of a 90 per cent common stock
dividend and the exchange of sl2,500 900
preferred for an equal amount of COM
mon. The plan provides for the par
tlcipatlon in the stock dividend by pre-
ferred shareholders who desire to con-
vert their holdings into common.
New-York tribune., 1921-01-23
American Hide and Leather

In view of the depressed condition of
the leather market and the fact that
up to the present time there has been
little recovery unusual interest is CEN
tered on the forthcoming meeting of
the American Hide and Leather Com
pany on February l. At that time the
question will come up as to whether it
will be advisable to continue payment
of dividends on the preferred stock.
New-York tribune., 1921-01-23
Express Merger Case Settled

WASHINGTON, Jan. 22.-The Inter-
state Commerce Commission to-day dis
missed the application of John E. Ben
ton, counsel for the American Associa-
ton of Utilities and Railway Commits
sioners, for rehearing of the recent
decision authorizing a merger of the,
Adams, American, Wells Fargo and
Southern express companies into the
American Railway Express Company.
New-York tribune., 1921-01-23
Paris Market HEAVY

PARIS, Jan. 22.-Prices were heavy
on the Bourse to-day. Three per cent
rentes, SO francs centimes. Ex-
changes on London. 81 francs 55 cen
times. Five per cent loan, IS francs 20
centimes. The dollar was quoted at ii
francs 81 centimes.
New-York tribune., 1921-01-23
Pittsburgh Coal

Stockholders of the Pittsburgh Coal
Company, at a meeting scheduled for
March %, will vote on a proposal OF
the directors to retire S5,000,000 treas
urY stock.
New-York tribune., 1921-01-23
Complete Merger This Week

Formal consummation of the plans
for merging the Liberty National
Bank and the New York Trust Com
pany into a $250,oOOO0O institution
bearing the name of the latter is ex-
pected this week. The new New York
Trust Company will have a capital of
$40 100000.
New-York tribune., 1921-01-23
Stocks Ex Dividend

~ ~ ISin oany. Per Cent.
- a sss's ~. 1hsis1sfs Afg co...,..
~ y Atshison. Topeka 4 sAnts p. ia
~ tys-.syspssss Railroad of ~ J
~ : e sr,sfseia Gas T. Electric %. IN
IN Il iS~hnseticat ny Il Lighting 20. y
~ q 81 Corn Ezehsngs Bank ..,.....
1S6 81 ~ ~ Beers Aisss. Asnsslean. q
= fEsyssr & ca. ts, III f.,.,,.,.. ~
~ - 1feffssk effssk Westsrn ny Df...s
HI ssstns Esak, . extra ana
EsyaI DHses. II Y shares. III 'Ss
fnrA H4ebusk II CO. srsip. 4
st1~sst* HAfnsF EvHAdonssey, I
LIB g %. esrusasn sfssk ] 4
New-York tribune., 1921-01-23
London Money Market

LONDON, Jan. 2c.-Bar silver, as%d
per ounce; bar gold, 1895. Money, 81
Per cent. Discount rates-Short bills,
6W6l& per cent; three months bills, 6ss
Fer cent. Gold premium at Lisbon.
1000.
New-York tribune., 1921-01-23
Silver Market

Silver-London. 39Md New York
domestic. 99hc; foreign, 66hc; Mexi
can dollars, 5oAc.
New-York tribune., 1921-01-23
Bid and Asked

Following are the closing bid and
asked quotations of stocks listed on the
Stock Exchange in which there were
49, ..a,. datr
New-York tribune., 1921-01-23

100 % dividend.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-02-19

-, ...,,,s,,,, ,,,,,tou
Ia IN" direction Oh 'he pumping ~ -
several of them striking il
,k.rs ;rs,iIied that h. aud I.r$uuid
,,..., ...,.,,,,,,i,,,, .,..,..j I,tvu tho
,,
RIVER bank, toward AIS ""iN P"'' =
home, the wounded man Following. Ak
rrs helped tn" man over 4 fence when
they nrurcd the Duty home and took
him to the harl: porch Of the house,
where he sal down in Il chair of de
scrirtion brought into court this morn
i'm
Tile witness continuing his testimony
said rs he WIS standing on III" porch.
h- saw tl,rourn % doorway four or i've
men coming through. the house. one OF