46 



HARDWOOD RECORD 



October 10, 1919 



ASH 



We manufacture a splendid quality of White, firm 

 textured, Louisiana ASH, in thicknesses 1 to 3 inch. 



Sound, Square-Edge Oak Plank 

 TIMBERS 



ALSO 



Gum Cottonwood Elm Pecan 



WIDTHS. LENGTHS AND GRADES TO PLEASE 



Pelican Lumber Company 



MOUND, LOUISIANA 



•ballinof FlJ 



Uq] 



ling 1 lanson ^^oInpany 



GRAYLING. MICHIGAN 



Here's Something 

 Unusually Caood 



MAPLE 



12/4" 2 & Better 24,000 feet 



10/4" 2 & Better 150,000 feet 



ELM 



6/4" 3 & Better 30,000 feet 



8/4" 3 & Better 40,000 feet 



• 12/4" 3 & Better 25,000 feet 



BIRCH 



4/4" 3 & Better 80,000 feet 



The above stock is of a fine quality, — the 

 best in the land. We also carry a complete 

 stock of Hemlock of all sizes and lengths 

 up to 20 ft., in good shipping condition. 



The Tegge Lumber Col 



High Grade 



Northern and Southern 



Hardwoods and Mahogany 



Specialties 



OAK, MAPLE, CYPRESS, POPLAR 

 Milwaukee,, Wisconsin 



Buys Timber; Will Build Mill 



Announcement was recently made by J. V. Stimson & Co., hanlwood lum- 

 ber manufacturers of Owensboro, Ky., that they had purchased a large 

 tract of timberland near Campbellsville, Ky., and will begin at once the 

 erection of a sawmill there that will more than double the capacity of 

 the company during the next twelve months. The mill to be built on the 

 tract will equal the capacity of the Owensboro mill and will be in charge 

 of Maurice Stimson, who has been superintendent of the plant at Owens- 

 boro since his return from service overseas. Mr. Stimson says that the 

 land just purchased will keep the mill busy for the next two or three years, 

 and the company has in mind other tracts in that section of Kentucky that 

 may be bought later on. 



Pertinent Information 



Lumbermen Interested in Steel Basing Point Controversy 



Col. L. C. Boyle, counsel for the lumber iutere.sts in general, has pre- 

 sented to the Interstate Commerce Commission an intervening statement 

 of the oak flooring manufacturers, having a bearing on the controversy 

 between steel consumers and steel shippers over the question of a single 

 basing point for steel. It was pointed out in the intervening statement 

 that .some branches of the lumber industry have for years followed the 

 custom of using a common basing point in arriving at market conditions 

 in distributing their product in common markets. It was pointed out, 

 however, that as used by the lumber industry, the basing point practice 

 Is not employed as a means of increasing prices to the consumer. The sole 

 value of the custom is in the element of market stability that it furnishes. 



The intervening statement is a very interesting analysis of shipping 

 conditions aflfeoting hardwood flooring and hardwood lumber. 



Notes of National Interest 



The Senate Interstate Commerce committee October 2 tentatively 

 amended the Cummins railroad reorganization bill to provide that rates 

 lie fixed so as to yield stockholders a return of 5iA per cent, plus half of 

 one per cent for maintenance. 



The statistics of foreign imports and exports for the year ending August 

 31, issued by the department show that the year's commerce exceeded that 

 of last year by more than $1,500,000,000, while balance of trade in favor 

 of the United States was more than $1,000,000,000 larger. 



A cable from Berlin to the Washington t^ta.r gives an interview with 

 the German minister of finance, Matthias Erzberger, to the effect that 

 Germany faces two possibilities, slow recovery by hard work or a new 

 crisis which will ruin the state. It believes that Germany will recover 

 more quickly if the outside world comes to her help with raw materials, 

 but is sure that if these are not available Germany must increase her own 

 production and find substitutes for former raw materials as during the 

 war. Mr. Erzberger believes that the monetary question will be settled 

 by arranging with the United States to give Germany a money loan, open- 

 ing the way for the establishment of trade relations. 



In consideration of the peace treaty the senate October 2 swept aside 

 36 of the 45 amendments which had been written into the document by 

 the foreign relations committee. 



Hardwood News Notes 



MISCELLANEOUS 



The Terry Manufacturing Company has been incorporated at Terry. 

 IMiss. 



Tlie Schuylkill Haven Box & Luml)er Company, Schuylkill Haven, Ta., 

 lias changed its name to the Schuylkill Haven Casket Company. 



The Art Cabinet Company manufactures phonographs at Meilford, N. J. ; 

 at Canastota, N. Y., the Lee Manufacturing Company is getting out chairs ; 

 the Leisy Furniture Manufacturing Company is manufacturing furniture 

 at Cleveland, O. 



The Keystone Woodenware Manufacturing Company is located at Fifth 

 and Federal streets, Philadelphia, Pa., where it produces a line of wood- 

 work. 



The Scott Player Action Company manufactures player actions at 

 Racine, Wis. 



The Sterling Box & Lumber Company is a new incorporation at St. 

 Louis, Mo. 



The Kentucky Spoke Company has been incorporated at Paducah, Ky., 

 as has the Howard Woodworking Company at New York, N. Y. 



CHICAGO 



R. B. Goodman of the Goodman Lumber Company and chairman of the 

 tax questionnaire meeting held at Milwaukee last week for the northern 



