38 



HARDWOOD RECORD 



An Important Deal 



Tlie Chess & Wymond Company, manufacturer 

 of staves and cooperage at Louisville, Ky., have 

 closet! a deal with the Himmelherger-IIarrison 

 Lumber Company of Morehouse, Mo., hy which 

 il becomes the owner of about 2.J.000 acres of 

 hardwood timber land In Hichland Parish, North 

 Louisiana. This properly is said to be one of 

 the finest tracts of hardwood timber land in 

 Louisiana. The consideration Is said to be 

 about ?;400.000. One payment of .$100,000 cash 

 was made and the remainder is divided into 

 three equal notes. 



The Chess & Wymond Company will talce out 

 the oak on this tract for manufacture into 

 staves, and will then, it is reported, sell off the 

 other timber in small lots. The concern has 

 been operating in this section for a number of 

 years, and two years ago bought a tract of tim- 

 ber from which all the oak has been cut. An 

 Inspection of the property indicated that the 

 Chess & Wymond Company has now sufficient 

 oak on the new tract to supply all the staves 

 needed for the next ten years. 



A standard gauge railway will be constructed 

 from Kayville to Calvit, on the Iron Mountain, 

 to get out the lumber. An effort is also being 

 made to have the company establish a mill at 

 Rayville, but this is hardly likely to happen, as 

 it has been the policy of the company to have 

 all its mill operations centered at Louisville, 

 where it has a plant sufficiently large to care 

 for all of its business. 



Smith & Darden Lumber Company 

 The Smith & Darden Lumber Company has 

 recently entered business at 1025 Whitney Bank 

 building. New Orleans, La. It is composed of 

 G. W. Smith, formerly engaged in the export 

 lumber and log business at St. Francisville, La., 

 and A. G. Darden, for a number of years with 

 the Standard Export Lumber Company of New 

 Orleans. The company opened up for business 

 several weeks ago and already has made a num- 

 ber of good mill connections. It is the plan of 

 the company to do principally a domestic busi- 

 ness in hardwood lumber, but it will also carry 

 on an export business in both lumber and logs. 

 lioth men interested in the new enterprise are 

 young men who stand well in this vicinity. 



Small Tire Losses of Limibermen's Under- 

 writing Alliance 



In a bulletin issued by the Lumbermen's Un- 

 derwriting Alliance of Kansas City it is an- 

 nounced that notwithstanding the remarkably 

 heavy fire losses that have been sustained by the 

 lumber Industry during the past year the total 

 losses of the alliance have been less for the ten 

 months of 1910 than for the corresponding 

 period of last year, while the volume of business 

 has been n<-arly twenty-five per cent greater. 



The fire losses for October as collated by the 

 New York .lournal of Commerce aggregate more 

 than $37,000,000. This is the highest monthly 

 loss ratio since the San Krancisco fire. The 

 total of the fire losses of the country for the 

 first ten months of the year is $106,53,1.200 

 against ,$168,865,000 for the same period of 

 1909. Fore-st fires account for $14,000,000 of 

 the total. 



State Revenues from National Forests 

 The Forest Service announces that for the 

 fiscal year ending June 30. 1910, the 25 per 

 cent of the National Forest revenue consigned 

 to states for road and school purposes amounted 

 to $506,194.84. an increase of more than $67,000 

 ^vcr last year. These payments more than off- 

 set the loss of Income from taxable properties 

 necessitated by the withdrawal of forest land 

 from entry under the public land laws. Mon- 

 tana is the largest single beneficiary, receiving 

 $83,678.38, and the state of Florida, with a 

 credit of $706.38, stands at the foot of the 

 list of slates profiting by the Forest Service 

 policy. 



It is especially noteworthy that the figures 

 compiled from several states show large in- 

 creases over the amounts received last year. 

 This can be attributed to the fact that the sale 

 of national forest timber in those states has 

 been actively increasing. This is but an indi- 

 cation of the future possibilities, when after 

 private timber resources are more nearly ex- 

 terminated, the national forests, which have 

 been so far carefully nourished, will bo called 

 (rpon by them and will furnish a good part of 

 the supply of saw logs. Inasmuch as the cut 

 of timber will always be limited to the actual 

 growth of new wood fiber, the states' income 

 will not be transitory. The wisdom of the 

 rolicy, which the Service has always advocated, 

 is making Itself manifest in new ways contin- 

 ually. For the benefit of that element which Is 

 crying Itself hoarse in the interest of state 

 rights, no matter what happens, the Department 

 of Agriculture calculates that the states will 

 eventually receive many times what the forests 

 are now yielding them, as the demand for gov- 

 ernment timber is now exceedingly restricted. 



A Live New Yorker 

 Charles Milne, wholesale lumber dealer of IS 

 Broadway. New York, is making a tour of the 

 West Virginia lumber camps, sizing up stock 

 conditions and incidentally closing some desir- 

 .ible contracts. On his return he will stop In 

 Haltimore. Md., for a visit to his numerous 

 <i,mmercial friends. Although among the young- 



CIIAS. MILNE. NEW YORK CITY 



er hardwood merchants in New Y'ork City, and 

 only embarked in business for himself since 

 1908, Mr. Milne has made phenomenal strides 

 and is pushing fast toward the foremost rank in 

 business circles. Always progressive and em- 

 boldened by his success in the past, he intends 

 to considerably extend and broaden bis business 

 the coming year. 



Chair Factory Destroyed 



Fire recently broke out in the plani of th.> 

 Lenoir Chair Factory at Lenoir, N. C, causing 

 a damage which Is estimated at from $70,000 

 to $80,000. About $28,000 insurance was car- 

 ried. The fiames spread so rapidly that before 

 the fire dejiartment could reach the scene, the 

 eutire building, which was of w'ooden construc- 

 tion, was enveloped In flames. 



Eighty-nine men were thrown out of employ- 

 ment as a result of the fire. While no state- 

 ment has yet been made, it is supposed that 

 the plant will be rebuilt. The Lenoir Chair 

 Factory was one of the most prosperous In- 

 dustries in the .state. 



Credit Book Manufacturers' Corporation 



The credit rating book for October. 1910, has 

 been issued by the National Manufacturers' 

 Oedit Corporation of St. Louis, and a copy has 

 been received at the Record office. It has been 

 the object of the publishers to get out informa- 

 tion of as reliable a character as possible, taking 

 it from sources which are deemed absolutely 

 trustworthy. All corrections are taken care of 

 in the sheet issued weekly. 



A trade report is issued each week by this 

 company and is a source of valuable information 

 to the creditors. Members selling firms whose 

 names appear on the trade report should give 

 their experience, for by so doing they will re- 

 ceive a summary of replies on all names free. 



The book contains a key with capital and 

 credit rating inside of front and back cover and 

 also index to railroads. In addition there is in- 

 serted before each state a detailed map of that 

 state worked out in colors. 



Oak Tree a Thousand "years Old 



It is reported from abroad that there is a 

 famous old oak tree in Hampton Court I'ark, 

 London, which is probably the oldest tree of 

 this species in England. It is reputed to be 

 about a thousand years of age, and at a height 

 of two feet from the ground its trunk measures- 

 about 45 feet in circumference. As it is hollow, 

 the interior offers standing room for a dozen 

 persons. 



Building Operations for November 



Official reports from forty-seven cities scat- 

 tered throughout the United States as reported 

 by the American Contractor. Chicago, show a de- 

 crease in building operations, in the aggregate, 

 of 3 per cent for November, 1910, as compared' 

 with November, 1909. Twenty-six cities show a 

 loss of from 1 to 62 per cent ; others show a 

 gain of from 1 to 173 per cent. The largest 

 gain is reported from the Bronx section of New 

 York City, which shows an Increase of nearly 

 .f7, 000,000 over November, 1909. Gains of more 

 than 25 per cent were made in Atlanta, 56 per 

 cent: Cincinnati, 29; Cleveland. 29, Columbus. 

 114 ; Indianapolis, 38 ; Kansas City, 47 ; Los An- 

 geles, 60 : New Orleans. 26 ; Bronz. 181 ; Oak- 

 land. 51 ; Pittsburg. 32 ; Portland, Ore., 33 ; 

 Toledo, 173. The particulars are found in the- 

 following table : 



Nov.. 

 ]<J10. 

 Cost. 

 .^,34, in.-] 



420.!>:!0 



.S47.000 



.■iS.24-. 



8,282,700 



4S!I,1.35 



Cit.v. 



-VTlauTa $ 



Baltimore 



lUlffiilo 



Chattanooga 



Chicago 



Cincinnati 



Cleveland 1.1.". 1 



Columbus 3ot;..1(M» 



Dalhis 212.075 



Denver 403.fj.55 



Detroit 1.474. 885 



Dulnth 138,430 



Crand Raplils 12H.035 



Hartford 215, .595 



Indianapolis 480,792 



Kansas Citv 1,463,465 



Los Angeles 2,228,663 



Louisville 193.392 



Manchester 84.650 



Meiiii.his 475.315 



Milwaukee 863.767 



Jliimeapolis 78.5.005 



Nashville 87.727 



Newark 696.525 



New Haven 489.670 



New Orleans 324,045 



Manhailan 3,551,066 



Brooklyn 2,166.870 



Bronx 10,736.565 



New York 16,454,501 



Oakland 650,546 



Oklahoma Cilv 346.820 



Omaha 401,960 



Paler.son 159.505 



ritlslim-g 1,011,890 



I'orliaud. Ore. 

 Bochester . . . . 



St. Paul 



St. Louis 



Son Francisco. 



Scranton 



Seattle 



Spokane 



Tacoma 



Toledo 



WllkfS-Barre . 

 Worcester . . . 



1,119.205 

 499,099 

 704.108 



1.306.623 

 092.258 

 142.251 



1.020,380 

 180,745 

 167.425 

 382.200 

 164.145 

 258,195 



Nov., 



1909. 



Cost. 



$ 340,550 



376,605 



1,183,000 



50,086 



0,825,700 



376,855 



SS9.1S0 



186.345 



182,498 



988,850 



1,551.455 



212.695 



207,621 



490,395 



345,185 



989,076 



1,336,830 



172,772 



84,610 



390,600 



1.190,862 



1,056,385 



86,540 



842,759 



409.851 



256,365 



8.760.435 



4,402,800 



3,815.975 



10.979.210 



436.295 



740.770 



933,035 



220.105 



762.229 



835.430 



724,000 



1.568, .535 



1.458.610 



1.904.284 



219.9.35 



1,254,630 



363.434 



96,878 



139.983 



165.681 



475,868 



Per Cent 

 Gn. Lss. 



21 

 29 



29 

 64 

 16 



38 



47 

 66 



11 



7 



21 



10 

 20 



181 



si 



32 

 33 



173 



2* 

 2$ 



69> 

 4 



la 



3» 



2S 

 25 



59 

 50 



53 



46- 

 47 



31 

 51 

 10- 

 49 

 35 

 18 

 50 



i 



45 



Total $48,825,292 $50,368,382 



