42 



Hardwood Record — Veneer & Panel Section 



September 25, 1922 



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Owners of 800 Million Feet of Mahogany | 



located in Southern Mexico, desire to negotiate with 

 a reliable, financially responsible and thoroughly ex- 

 perienced American Hardwoods manufacturer for the 

 purpose of contracting for the manufacture of this 

 Mahogany and other Hardwoods by American meth- 

 ods and practices. We want to contract on the basis 

 of so much per thousand feet. 



Stumpage is located in a healthy section with altitude 

 of from two to three thousand feet. Abundance of 

 native labor. In addition to Mahogany there are 

 twenty other varieties of Hardwoods, including satin- 

 wood, rosev/ood, cedars (lead pencil and cigar box), 

 lignum vitae, ebony, and many other Hardwoods un- 



known to the markets of the world, running into many 

 hundreds of million feet. We will provide railway 

 facilities to the timber tract but operating concern must 

 provide its own logging roads throughout the tract. 



In addition to contractual price we will pay a hand- 

 some bonus. We have practically unlimited financial 

 resources and are engaged in other activities. We will 

 only negotiate with a company who is financially 

 sound and is prepared to take advantage of an un- 

 usual opportunity for making money. 



Please establish contact with 



A. C. CAMERON 

 609 Railway Exchange Building, Chicago, Illinois 



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Rotary Cut 



NORTHERN 

 VENEERS 



Mnpie Flooring 

 Mfrs." Assn. 



JTCRNITURE manufacturers and fat-lory buyers wlio insist on 

 havin;;; hieli qualhy veneers should Head us their orders. W'» 

 lire specialists in Northern Veneers. We also manufacture 

 Northern Pine, Spruce, Hemlock, Cedar Tosts and Poles. I>ath 

 and Shingles, which we ship in straight cars and cargoes or 

 mixed with our *'PeerIesa Brand" Rock Maple. ISeech or Bir<'h 

 Flooring. 



G £T O U R PRICES 



The Northwestern Cooperage & Lumber Company 



CHICAGO OFFICES: 

 812 Monadnock Block 



Gladstone. Michigan 



yt 



YOUR confidence in your 

 product is shared by your cus- 

 tomer when he knows that 



Write ior "CASCO'' 

 Red Book — a man- 

 ual on Veneers, 

 Fanel - Making and 

 Glue. 



Samples of "CAS- 

 CO" on request. 



WATERPROOF GLUE 



grips the Veneers or the joints. 



Casco-made woodwork can be 

 subjected to extreme varia- 

 tions in temperature and mois- 

 ture without fear of separation. 



"CASCO" is 



Inrredlhly Strong 

 Mixed in Cold Water 

 Most Economical 



THE CASEIN MANUFACTURING COMPANY 



Largest and Longest Established Manufacturers of 

 Casein Prod nets In Anierira. 



15 PARK ROW NEW YORK CITY 



[Branch Offices in Principal Cities 



{('iiiitinuf if iiom fimif H"t ) 



Prices Now Near Cost of Production 



(Fruiii NurlluTii Ileriildf k v^ H;u<l\\ n.i.l >i;imif;iriiirffs" Ass(M-i;ili(Hi. 

 oshk'.sli. Wis.) 

 Our av^Tjigc a<lv;i!n-f siiu'- I he !i..\\ [iiiiiit ;i y»'i\r ago is nlmut ^5 at mill. 

 .■<4.rin at point of dfliviMV. i'ro.Iu.tinn costs by reason of wage increases 

 liave advanced in last tin.'.- ncinths at h-ast S4 and further advances in 

 costs are certain. Kveii on tin- I(iv\' costs of a year ago luniher was sold 

 ;it a marked loss. Sales prices u\' today and producing costs are very close 

 Together. We slioiild have further moderate advance on hasis of present 

 produeinj; costs. I'rotluction will he rushed to meet ilcni:iinl. hut labor 

 scarcity has reduc-ed normal production at least oue-fourtli. Nothing w 

 can do will prevent iuiyers from ludding for lumber. That will advance 

 pri<*os. Increased i»rices will reiUice demand and increased productiipu 

 and higher prices will bring demand and production together and result 

 in eventual lower prices. We would regret a runaway market and nuuiu 

 facturers undiuihtedly will do everything p()ssihh' to prevent it. So far 

 as buyers are buying bey.ind present rrMpiirements in anti»*ipation <»f a 

 shortage, they are creating an abimrmal demand at the present moment. 

 We suggest thai contraitors anil others use lowest grades if possible, thu^ 

 lielpi!ig situation by cuT'tailinu demand for up|»er gravies. Our output is 

 normally ndatively small iiml meets sourhein and wcsiern lumber in active 

 cnmiietilion at all times. 



To Interest of All to Avoid Runaway Market 

 I From a Southern Hardwood .Manufacturer) 



Ii is my i)ersonul view that at the present time there is not a great 

 temh'iK-y for prices in hardwood lumber to advance excepting on some 

 items which may be exceptionally in demand and short in stock. It is 

 a fact, however, that there i> every reason to believe that we are faring 

 a very severe car shortage, and in former years when there was a serious 

 <-ar shortage, it hail the tendency to )>ring abnut higher prices, because 

 the liuyers would ofler premium^ in cases where shipments could he ob- 

 tained and. HKireover. duriiii; peri'ids of extreme car shortage, the buyers 

 place orders far in excess of their actual needs and tliis in itself creates 

 teMiporai'ily an abnornuil demand. 



We recognize that a runaway nuirket Is a detriment to the industry and 

 a number of hardwood produei'rs have urged that the shippers of hardwoods 

 do everything in their power to prevent any rapid advances in prices, or 

 in other words, the leading hardwood producers realize that everything 

 tluit can be done legally should be done to stabilize prices and to nvoid 

 sharp fluctuations which an* ^o disustri)Us to the industry. 



Cabinet Company Bankrupt 



The Mills Cabinet Co.. an Illinois corporation, with factories and 

 headquarters at Racine. NIC' is., filed a voluntary petition in bank- 

 ruptcy in Federal court at Milwaukee on Tuesday, Sept. 1 9. Lia- 

 bilities are listed at $110,304 and assets $111,268. The latter 

 include stock, $72,798. and machinery, $34,560. The manufac- 

 turers' National Bank of Racine is listed as an unsecured creditor 

 for demand notes of $30,800 and for secured claims of $3,943. 

 The Century Trust & Savings Bank, Chicago, is an unsecured 

 creditor for $10,000. and holds securities for $27,078, the schedule 

 shows. The petition also recites that $1,775 is due in wages to 50 

 employes. Aimer Coe is president and William S. Hubbard treas- 

 urer of the company. 



