HYDER WEEKLY HERALD
Published Every Saturday
Application made for entry at the post office at Hyder, Al
aska, as second Jass matter, un^**r the Act of March 8,
1879.
Chas. F. Sandford... Editor.
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AN INDEPENDENT NEWSPAPER
THE STOCK MARKET.
There is a saying in stock
market circles to the effect
that the public invariably goes
in at the top~and gets stung.
The men on the inside “bull”
the market by buying in 'and
then make a “killing” by sell
ing to the “lambs” just before
the market tumbles. By buying
the professional speculator
boosts a stock and by selling
he forces it down.
The present boom on the
stock market'has reached the
stage where the “public” is
“getting in.” The spectaculai
bull movement has aroused the
imgaination of thousands who
only occasionally or never play
the market. Savings are being
plunged on shares which have
already reached sensationally
high prices.
Has the boom reached the
apex which proceeds the de
cline? Can the mounting stocks
ascend still farther? Obviously
there are many who not only
do not anticipate a reactionary
crash but look forward to an
even higher market than the
present. For every buyer there
must be a seller and somebody
always loses. Those who sell
before the market hits the top
lose and those who fail to sell
before their stock falls below
their purchase price lose. Milli
ons have been made on the
present bull market, but just
as many millions will be lost if
a bear movement follows.
-o
HUGE CHRISTMAS
BUSINESS IN PROSPECT
The Christmas shopping seas*
on, now in its incipiency, finds
the United States enjoying an
unprecedented condition of
prosperity. With the fabulous
total of nearly fifty billion dol
lars in the nation’s banks the
Christmas business this year
promises to be the most exten
sive in history.
Both business and financial
authorities support this view.
The treasury department at
Washington calls attention to
the country’s banking situate
ion to back up its verdict that
conditions are sound. Deposits
in the twenty-eight thousand
banks in the United States are
about $2,300,000,000 greater
than a year ago, while banking
resources approximate $64,
000,000,000, an excess of two
billion over those at the end
of 1927.
Early in December depositors
.n Christmas savings clubs will
receive more than a billion
dollars. Experience has shown
that a large portion of this
huge sum will finance Christ
mas shopping expeditions.
A government financial ex
pert estimates that the Ameri
can Santa Claus will spend $1,
050,000,000 this year.
Thus does it become year by
/ear more difficult for Ameri
can fathers to explain how
Santa Claus packs all his gifts
n his bag and sleigh.
--o
CHRISTMAS TREES.
Nothing is sacred to the med
dling fraternity, who once
more are agitating the peren
lial question as to whether it
!s not a shocking waste of our
imber resources to cut down
hundreds of thousands of
•pruce and other evergreens
?or Christmas trees. And once
more the American Tree As
sociation defends the use of
young conifers for Yuletide
>rnamental purposes and ad
vises those who are protesting
igainst the alleged waste tc
direct their energy to educat
ng the jeople as to the proper
use of forests.
The American Tree Associat
on’s position on the matter is
that taken by all the leading
conversationists, who hold that
conservation does not mean
.here shall be curtailment of
the legimate use of our re
sources but that wasteful ex
ploitation shall be stopped.
Christmas trees are a legiti
mate use of our forest re
sources.
Some of those who are ob
jecting to the cutting down of
evergreens for this purpose
are letting their emotions get
the better of their common
sense. Thus one person say6: i
“Why not teach the children
that every Christmas tree m:w
mean that some poor little bird
without a place to sleep?”
It is assumed by those who
are opposing1 Christmas trees
that if they were not cut down
all would grow into tall timber
suitable for sawlogs. But the
assumption is unwarranted.
Both when planted by man
and by Nature the conifers
spring up in thick clusters, so
close together lhat there is no
room for all to reach maturity..
Some must yield if others are
to have enough space and*
light. Foresters accordingly
deliberately thin out the stand
by cutting some of the small
trees to make room for those
that are allowed to grow.
Trees thus removed may be
used for Christmas purposes.
If they were not removed they
would probably be killed in
the struggle for existence with
their neighbors.
But even if all the Christmas
trees would grow up if left un
disturbed, the cutting of them
would still be justified because
of the pleasure they give chil
dren. Making a fuss over the
destruction of Christmas trees
is a case.of saving at the spigot
and wasting at the bung; foi
the loss of our timber resources
from this caues is infinitesimal
as compared with the damage
done to our forests by fire and
insects.
Just for Fun
Man's most monotonous occu
pation is making a living.
Ancient saying: “We can’t af
ford it.’’
Adam was the first and only
man to fall for “the only girl
in the world.”
The man who permits himself
to become a sucker for a stock
salesman is a poor fish.
Nobody has been able to ex
plain in what respect the nak
ed truth is different from any
other kind.
Hotel guests have been
known to leave their room only
because they couldn’t get it in
to their grips.
If you pay twenty-five cents
for twenty-five cents’ worth of
food it is a lunch; if you pay
a dollar for twenty-five cents
worth of food it is a luncheon.
Two people can live as cheap
ly as one-provided the first
two are Scotch.
Doctors live off the fat of the
land most of whom die of dia
betes.
A MODERN MISTAKE
“Ah,” said the guest as they
approached the house, “I see
your dear son and daughter
awaiting us on the porch.”
“No,” said the host; “the girl
in the short frock is my moth
2r,-and the young fellow in
riding breeches is my wife.”
In the old days when a girl
wore a fraternity pin it meant
an engagement. The sheik of
:oday says it only means neck
ing privileges.
Of course we are all idealists.
Doesn’t “our leading citizen”
usually mean “our richest
nan?”
A quarrel may be patched
up, but its mighty hard to
keep the patch from showing.
It is always well to remember
that if you are bored, about 99
times out of 100 you are also
boring.
First Girl: “Who told you
that dress is too long?”
Second Girl: “Nobody, but
yesterday it caught on my
garters.”
Crossing their knees may be
making curved spines for the
girl as an anatomist says but
the trouble goes further than
.hat. Its making men cross
eyed.
Junkman: “Any rags, paper,
ild iron?”
Man of the house (angrily) :
“No, my wife’s away.”
Junkman: “Any bottles?”
Marjorie: “Myrtle, what is
the proper costume to wear
when one goes skating?”
Myrtle (who has had experi
ence) : “An old-fashioned
bustle.”
SAFETY FIRST
“Can you fix me up to look
like a German or a Spaniard
or even a Hottentot?” asked
the nervous man, who had
dropped into the costumer’s
shop.
“Just what’s the idea—do
you want a costume for a mas
querade party or what?” ask
ed the puzzled shopkeeper.
“No,” replied the man. “I am
an Englishman and I have to
go to Chicago on business.’
First flapper: “It says here
that an ostrich sees very little:
and on the other hand, it di
gests everything.”
Second flapper: (giggling):
“My stars! What an ideal hus
band an ostrich would make.”
About a week after having
installed a radio set a man
happened one night to be in
the bedroom while his little
son, aged about five, was say
ing his prayers and this is
what the father heard:
“And please God make me a
good boy—Its Harold Jones
announcing, and I’ll be on the
Chamber
of
Commerce
-0
Hyder, Alaska
-o
Reliable Information
Relative To
PORTLAND CANAL
MINING DISTRICT
air again tomorrow night at
7:30.”
“So you do a good deed ev
ery day?” asked an old lady of
'he youngest scout.
“Yes, ma’am,” he answered
earnestly. “Yesterday I visited
my aunt in the country and she
vas very glad. Today I came
back home ,and she was very
glad again.”
“Ou ittle sweet mans. Give
nicey omans a dreat bigum
kiss.”
“Pipe down on th’ baby mush,
madam, and say which kind
you prefer; th’ peck and jump
kind like Ma gives Pa, or the
soul touching kind like Ma
gives th’ ice man.”
WATCHES! WATCHES!
Waltham 17 and 23 Jewels
Hamilton 19 and 21 Jewels
Elgin 7 and 15 Jewels
Standard 7 and 15 Jewels
Ingersolls
Wrist watches, Waltham, El
gin & Hofes, $12.50 to $25.00
Jewelry made to order, repair
work Anything in jewelry fur
nished on short notice.
*THE NUGGET SHOP
******* **** *
* HILL'S HAND LAUNDRY *
* WORK GUARANTEED *
* PRICES REASONABLE *
* — Office at The — *
* Boundary Gift Shop *
* Hyder, — Alaska *
******* **** *
PORTLAND CANAL LODGE
1218
Two Scots were visiting a
London moving picture show
where the enterprising man
agement served a cup of tea
and a biscuit free at 4 o'clock.
At 5 p. m. one of them said,
“Well, Jock, we’ve seen all the
pictures now. What about
goin’ oot?” “Awell,” Jock said
thoughtfully, “you can gang if
you like Georgie but I’m stay
in’ on to my supper.’’
NEW USE FOR IT.
Bill: |‘Thanks to a labor-sav
ing device, I have far less
trouble finding my collar but
tons now. Always find them in
one place.”
Dill: “Really?”
“Yes; in the vacuum clean
er.”
PROFESSIONAL
JZxm&l piVLt
at .
Jibber, JUaeka
FRANK A. METCALF
CIVIL & MINING ENGINEER
U. S. MINERAL SURVEYOR
JUNEAU ALASKA
John Hovland
MININO
Hyder, Alaska
Dr. C. D. Carter will be at his
office in the Reichenbach Bldg.
Wednesday, Thursday, and
Friday of each week. For ap
pointments at other times
phone Northern Drug Co.,
Stewart.
CHAS. F. SANDFORD
NOTARY PUBLIC
HERALD OFFICE
Hyder Dock Co., Inc.
DEALERS IN
Coal, Hay and Grain
GIANT EXPLOSIVES
AGENTS: STANDARD OIL COMPANY.
NORTHLAND TRANSPORTATION CO.
HOLGER JOHNSON, Manager.
A. J. MAYER P O BOX 123
..HYDER MACHINE SHOP...
HYPER OARAOK
Plumbing Steamfitting Black-smithing General Repairs
Authorized Ford Agent
Genuine Ford Parts
AGENTS FOR FAIRBANKS, MORSE
ENGINES & MACHINERY
HYDER ALASKA
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